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Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
UOB Wins S$76.1M Appeal Against Lippo Marina Collection on August 26
UOB’s damages award against Lippo Marina Collection jumped from S$17.7M to S$76.1M after appeal court ruled rental income should not reduce fraud losses from inflated housing loans.
Lily’s Law push gains momentum after NSW teen hiker’s death, August 25
Lily Hooper, 18, died in Nattai National Park after eight days missing. Her family is calling for ‘Lily’s Law’ to promote personal locator devices and bush safety education for hikers.
Cadeler (CADLR) H1 Revenue More Than Doubles to €408 Million as Net Profit Jumps 54%
Cadeler (NYSE: CDLR) reported a strong first half on August 25, 2026, with revenue more than doubling to €408 million and net profit rising 54% to €88 million. The offshore wind installation company attributed the increase to fleet expansion and a higher number of contracted days. With more vessels now in operation and its order…
Sigma Advanced Systems (SIGMAADV) Hits 5% Upper Circuit at ₹692.70 After ₹1,600 Crore Rolls-Royce Deal
Sigma Advanced Systems shares hit the 5% upper circuit at ₹692.70 on Tuesday, August 25, 2026. The rally followed news that the company secured an additional £125 million (₹1,600 crore) long-term agreement with Rolls-Royce Aerospace. This deal will be executed through Sigma’s recently acquired UK subsidiary, Bromford Precision Solutions. Sigma’s total Rolls-Royce partnership value now…
Tech Layoffs 2026: Apple, Netflix, TikTok and LinkedIn Slash Jobs as Industry Cuts Accelerate
Tech layoffs in 2026 have already surpassed all of 2025, with 127,180 jobs cut across 281 companies. Apple, Netflix, TikTok, and LinkedIn all announced fresh cuts this month. Apple laid off around 200 employees from its Siri, Vision Pro, and gaming teams. TikTok cut 75 more jobs in the Seattle area after slashing 250 positions…
Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.