TSMC hikes sales, spending outlook to signal AI ‘megatrend’

TSMC raised spending and revenue projections, confident in chip and data center demand through 2027. It expects $60B-$64B capex in 2026 and over 40% revenue growth.

TSMC raised spending and revenue projections, confident in chip and data center demand through 2027. It expects $60B-$64B capex in 2026 and over 40% revenue growth.

NSE will launch futures and options on the Nifty India FPI 150 Index from August 12, after SEBI approval. The new contracts expand NSE’s index derivatives offerings.

This is the biggest single-day gain for ABB India since May 2024. Following suit, shares of Siemens Ltd. also gained as much as 7% before cooling off.

The brokerage believes Unimech Aerospace is well-positioned to benefit from long-term growth opportunities across the aerospace & defence, energy, and semiconductor equipment sectors.

On the operational front, MRPL received PNGRB authorisation for its aviation turbine fuel (ATF) pipeline from Devangonthi Terminal to Kempegowda International Airport in Bengaluru.

Steven Englander, Managing Director-Global Head of G10 FX Research, and North American Macro Strategy at Standard Chartered Bank explains why AI-led investment is likely to keep the US dollar strong, why the rupee is expected to remain around 96–97, how…

Supplies to Europe from this line are expected to start from the second quarter of the financial year 2027, Biocon said in its exchange filing.

The ₹742-crore IPO, which was open for subscription between July 9 and July 13, was subscribed 38.94 times, led by strong demand from institutional investors.

The appointment comes immediately after Agrawal’s exit from LIC, where his resignation as CFO took effect on July 14.

Suhas Donthi of Emmvee Photovoltaic said that the June quarter is typically seasonally weaker than the March quarter, but unit pricing remained stable during Q1. The company remains on track to achieve its FY27 EBITDA guidance of ₹2,200-2,400 crore and…