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Photo: U.S. Department of State / Wikimedia Commons (Public domain)

US plans Libya embassy reopening with nearly $41M

{"summary":"The State Department is requesting about $41 million to upgrade security and restore a formal U.S. diplomatic presence in Libya, including security enhancements at a Tripoli satellite office ahead of a phased embassy reopening after nearly 14 years. The move is framed as essential to U.S. national security to counter near-peer rivals like Russia and to maintain engagement in a region where Libya’s instability affects regional security, energy markets, and migration, with officials citing Libya’s strategic location and ongoing regional dynamics.","summary_sources":["https://www.whalesbook.com/news/English/international-news/US-Proposes-dollar41-Million-to-Reopen-Libya-Embassy/6a5fba9ffe1c9287f479e9bb","https://www.indiatoday.in/world/story/us-embassy-libya-reopening-41-million-tripoli-security-funding-ptag-2953271-2026-07-21","https://www.newsmax.com/politics/us-embassy-return/2026/07/21/id/1263580/","https://www.usnews.com/news/us/articles/2026-07-21/trump-administration-pushes-ahead-with-plans-to-reopen-the-us-embassy-in-libya","https://hcntimes.com/us-embassy-libya-reopening-washington-seeks-usd-41-million-for-tripoli-return/"]}

5 sources

Meta plans Threads parental controls rollout in US

Meta is rolling out parental supervision tools for Threads via Family Center, letting parents see teen time spent, set daily limits, enforce sleep hours, and manage privacy and tagging for their teens. The expansion, prompted by regulatory scrutiny and lawsuits over teen safety, targets roughly 500 million monthly users with a US-first rollout and a global rollout by year’s end.

14 sources

Apple Launches Klarna-backed Upgrade Leasing

Apple is launching the Apple Upgrade device-leasing program, backed by Klarna, set to debut in the U.S. on July 28 with 24-month leases for iPhone and Apple Watch and 36-month leases for Mac and iPad, allowing early upgrades, payoff, or returns as it phases out the current iPhone Upgrade Program. The move, aimed at expanding financing options and customer access to the latest devices, accompanies exclusions such as AppleCare and some devices, and signals Klarna’s growing role in Apple’s device-financing strategy.

23 sources

Photo: Trident Limited / Wikimedia Commons (CC BY-SA 4.0)

Trident Q1 profit up 13%; board approves subsidiary

Trident Ltd posted a consolidated net profit of ₹158 crore for Q1 FY27 on revenue of ₹1,786.8 crore, marking about a 13% YoY gain as the yarn and home textiles segments supported margins around 17%. The board also approved the formation of a wholly-owned subsidiary to bolster brand-building, marketing and overseas growth.

6 sources

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Sunteck Realty Q1 Profit Up; ₹2,250-Crore Fundraise Planned

Sunteck Realty posted a robust Q1 FY27, with net profit up 25.5% to ₹41.96 crore on revenue of ₹191.56 crore and total income of ₹202.03 crore, aided by an EBITDA of ₹66.8 crore and a 34.9% margin. The board also approved an enabling resolution to raise up to ₹2,250 crore through a mix of debt and equity to fund expansion, with specifics to be decided later.

9 sources

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Google's Nuvem cable connects US Portugal

Google’s Nuvem subsea cable connects Myrtle Beach, South Carolina, with Sines, Portugal, routing through Bermuda and the Azores over about 7,000 km to provide a 384-terabit-per-second data corridor between the U.S. and Europe. The deployment reinforces Portugal’s role as an Atlantic gateway and hub for AI-driven data centers, aided by renewable-energy-powered infrastructure and major tech investments.

7 sources

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Microsoft funds Mistral Europe expansion

Microsoft and French AI firm Mistral are expanding a multibillion-dollar partnership to deploy Mistral’s Europe-based GPU infrastructure and open models across Azure, Azure Local, and Foundry, boosting European capacity while preserving access to U.S. software and security features. The deal aims to reduce reliance on U.S. technology, support regulated industries, and accelerate broader deployment of Mistral’s Medium 3.5 and OCR 4 models, with Nvidia GPUs and European data sovereignty at its core.

15 sources

Photo: Securities Exchange Board of India / Wikimedia Commons (Public domain)

SEBI Sets Aug 1 Promoter Buyback Freeze

SEBI has operationalised an ISIN-level freeze on promoter and promoter-group holdings during share buybacks, with depositories instructed to implement the necessary systems by August 1, 2026. Promoters may tender shares in tender-offer buybacks, and pre-existing encumbrances can be invoked or released, while the freeze remains in effect across these scenarios.

6 sources

Photo: JSW Group / Wikimedia Commons (CC BY-SA 2.0)

JSW Infrastructure Q1 profit falls, revenue climbs

JSW Infrastructure posted revenue growth driven by port and cargo operations, but first-quarter and June-quarter profits declined due to higher costs, even as the company strengthened its balance sheet with a ₹7,503 crore QIP. The group remains committed to a large capex plan and a growth trajectory to double cargo handling capacity to 400 MTPA by 2030, supported by ongoing port expansions and asset diversification.

7 sources

Photo: Army National Guard Staff Sgt. Matthew Scotten, Indiana National Guard. / Wikimedia Commons (Public domain)

Zen Technologies Secures ₹177.5 Crore MoD Simulator Order

Zen Technologies has secured multiple Indian Ministry of Defence contracts, including a ₹177.5 crore order to upgrade Tank and Crew Gunnery Simulators to be completed within a year, and a ₹180 crore order that expands its defence training simulators and anti-drone offerings, significantly boosting its order book. The company is also scaling up domestic, indigenously sourced capabilities through Vector Technics’ expanded drone propulsion production, aligning with Atmanirbhar Bharat/IDDM policies and strengthening revenue visibility.

8 sources

Teja Engineering Secures ₹18 Crore ONGC O&M Contracts

Teja Engineering Industries has won two ONGC O&M contracts totaling about ₹18 crore, including a ₹15 crore three-year LP gas compression facilities contract at Mandapeta and Tatipaka under the Rajahmundry asset and a ₹3 crore six-month award at Ankleshwar for GCP-I, GCP-IV and GCS Motwan. These wins extend Teja’s ONGC relationship and bolster its long-term revenue visibility by expanding its service portfolio across India's gas infrastructure assets.

5 sources

E2E Networks posts 334% Q1 revenue surge

E2E Networks reported a dramatic Q1 FY27 performance with revenue of ₹1.57–1.57 billion, EBITDA of ₹1,179 million and a 75.2% margin, PAT of ₹439 million and earnings per share of ₹2.10, driven by the B200 cluster deployment and an expanded GPU fleet to about 5,100 units. The company also announced strategic moves, including the incorporation of Sovcloud Technologies Limited as a subsidiary and progress on listing on major exchanges, signaling scale-up in both operations and corporate structure.

8 sources

Photo: Asifiqbal92 / Wikimedia Commons (CC BY-SA 4.0)

Indian steelmakers pivot domestic markets amid EU constraints

{"summary":"Indian steelmakers are shifting away from exports to the domestic market as Europe and Britain tighten import rules and quotas, while a surge of low-priced Chinese steel pressures prices and margins. With export volumes to Europe/Britain potentially down around 40%, producers are betting on domestic demand from infrastructure, autos, and construction, supported by anti-dumping investigations and ongoing expansion plans in India.","summary_sources":["https://voice.lapaas.com/indian-steelmakers-pivot-home-europe-clamps-imports/","https://www.wownews24x7.com/india-steelmakers-face-twin-squeeze-from-eu-and-china","https://www.whalesbook.com/news/English/commodities/Indian-Steelmakers-Face-Export-Curbs-Amid-Low-Cost-Chinese-Imports/6a5f22c2fe1c9287f47898fd","https://www.moneycontrol.com/news/business/europe-shuts-the-door-china-cuts-prices-indian-steelmakers-face-a-twin-squeeze-13979424.html","https://uk.marketscreener.com/news/indian-steelmakers-pivot-home-as-europe-tightens-imports-china-squeezes-margins-ce7f51dbd18bf724"]}

5 sources

Photo: Alexander Migl / Wikimedia Commons (CC BY-SA 4.0)

Volkswagen nears stake sale to JSW in India

Volkswagen is in advanced talks with JSW Group to sell a majority stake in Skoda Auto Volkswagen India Pvt. Ltd. to accelerate its expansion in India, one of the world’s fastest-growing auto markets, with discussions focused on forming a local partner and leveraging JSW’s footprint. However, critical details such as deal valuation, capital commitments, and investment size remain unresolved across multiple reports.

6 sources

ACME Solar Signs 300 MW SECI PPA

{"summary":"ACME Solar, through ACME Renewtech Fifth, signed a 25-year SECI PPA for a 300 MW ISTS-connected wind-solar hybrid project at tariffs around ₹3.25 per kWh, expanding its contracted portfolio to 6,870 MW of an 8,070 MW total. The company also pursuing solar-plus-storage deals, including a 1,200 MWh FDRE project at ₹6.28 per unit and a 200 MW solar project with 100 MWh BESS, contributing to an overall roughly 8.1 GW portfolio with multiple PPAs and storage integrations slated to start around 2027–2028.", "summary_sources": ["https://www.business-standard.com/markets/capital-market-news/acme-solar-signs-ppa-with-seci-for-300-mw-hybrid-re-project-126072100191_1.html","https://energetica-india.net/news/acme-solar-signs-25-year-ppa-with-seci-for-300-mw-wind-solar-hybrid-re-project","https://www.wownews24x7.com/acme-solar-unit-signs-25-year-ppa-with-seci-for-300-mw-hybrid-project","https://scanx.trade/stock-market-news/companies/acme-solar-unit-signs-300-mw-ppa-with-seci-at-rs-3-25-per-unit/46149217","https://www.ainvest.com/news/acme-solar-seci-pact-inr3-25-unit-tariff-hybrid-2607/" ] }

10 sources

Samsung establishes RX Office to advance robotics

Samsung is establishing the RX (Robotics eXperience) Business Promotion Office, reporting directly to the CEO, to unify dispersed robotics capabilities and push robotics as a core growth driver across consumer and industrial domains. It will build a data factory at the Gumi plant, create global research hubs in the US, China, and Japan, recruit leading talent, and coordinate mid- to long-term strategy, technology development, and commercialization to accelerate field deployment of intelligent robots.

23 sources

Photo: Sherm for Disabled And Here / Wikimedia Commons (CC BY 4.0)

30 Sundays reports $6.7 million Series A to fund AI travel expansion

Gurugram-based travel tech startup 30 Sundays has raised about ₹61 crore ($6.7 million) in a Series A led by Bessemer Venture Partners, with participation from Info Edge Ventures and Eximius Ventures, boosting its total funding to around $7.5 million. The funds will accelerate AI-driven itinerary planning, product development, and brand-building while expanding into new international markets such as Georgia, Azerbaijan, Kazakhstan, and the Philippines, following recent launches in New Zealand and Mauritius, and a reported annualised gross booking value of roughly ₹200 crore across Bali, Vietnam, the Maldives, and Thailand.

7 sources

Transition VC launches ₹1,500 crore Fund II

Transition VC has launched Fund II with a target corpus of ₹1,500 crore to back around 20 engineering-led startups in the energy transition, advanced manufacturing and related deeptech, with investments of about $2-5 million over four years starting in Q3 FY27. The fund follows a successful Fund I (₹723 crore) that delivered roughly 57% IRR, over 3x MOIC, and zero write-offs, and expands the thesis to include energy networks, storage, and niche areas like nuclear and geothermal energy infrastructure for a more integrated portfolio.

8 sources

Photo: United States District Court for the Northern District of California / Wikimedia Commons (Public domain)

Anthropic $1.5 Billion Copyright Settlement Approved

A San Francisco federal judge approved a $1.5 billion settlement with authors over Anthropic's use of pirated books to train Claude, marking the largest U.S. copyright settlement and covering roughly 480,000 works at about $3,000 per title. The deal ends the case but leaves questions about outputs, requires destruction of pirated files, and drew objections from some authors who say it may not fully compensate or preclude further claims.

11 sources

France approves assisted dying bill awaiting review

France’s National Assembly approved a strict assisted-dying law for adults with incurable, life-threatening illnesses, sending the measure to a Constitutional Council review after a 291-241 vote and years of debate; the law allows self-administration of a lethal dose with medical safeguards, with doctors or nurses assisting only when a patient cannot act themselves. Eligibility requires adult citizenship or long-term residency, a verified serious condition with unbearable pain, and a formal process including a two-day reflection period, with the Senate having previously blocked the bill before the Assembly’s final say.

9 sources

Photo: Lyles BBQ, Smile and Learn - English, The Flat Top King (previous screenshot: yumyotta) / Wikimedia Commons (Public domain)

YouTube Appeals Los Angeles Social Media Addiction Verdict

YouTube has appealed a landmark LA verdict in the social media addiction case, challenging the finding that the platform was designed to hook young users, with Meta also filing an appeal and both sides facing $3 million in compensatory damages plus a potential $3 million in punitive damages tied to Kaley KGM. The case continues to hinge on whether YouTube is a social media platform and on legal protections like Section 230, as investors watch the liability implications for design choices and future regulation.

5 sources

India raises windfall taxes on diesel, ATF exports

India has raised windfall taxes on diesel and aviation turbine fuel exports to ₹15.5 and ₹14.5 per litre respectively, while trimming the petrol export levy to ₹2.5 per litre, effective July 16 as part of a regular fortnightly review to stabilize domestic fuel availability amid volatile global oil prices and ongoing geopolitical tensions. The move aims to curb export surges, protect domestic supply, and ensure government revenue, with the context of elevated crude prices and supply disruptions influencing policy.

10 sources

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Thinking Machines Inkling Open-Weights AI for Enterprise

Thinking Machines Lab unveiled Inkling, a 975-billion-parameter open-weight model led by Mira Murati, designed for enterprise customization with downloadable weights and a Tinker platform for fine-tuning; it uses a mixture-of-experts architecture to balance efficiency and task-specific performance while signaling uncertainty. The company positions Inkling as a flexible alternative to closed models from OpenAI, Google, and Anthropic, and as a competitive option against Chinese open models.

16 sources

Photo: Brian Wong / Wikimedia Commons (CC BY-SA 2.0)

Microsoft patches critical Age II RCE

Microsoft’s Patch Tuesday included a fix for a critical vulnerability in the remastered Age of Empires II that could let an attacker take remote control via a malicious game invite, though no exploits have been publicly reported. The updates, aided by AI from Microsoft and researchers, address a record number of bugs and underscore ongoing cybersecurity risks in gaming platforms, with Rapid7 detailing the CVE-2026-50663 entry and the need for users to apply patches.

8 sources