Author: Aruna Kaim
Apple has announced the launch of its 4th-generation Apple TV 4K in India at ₹39,900 (pre-orders open October 13, with store availability starting November 13, 2026). Powered by Apple’s flagship A19 chip and integrated with Siri AI (Apple Intelligence), the new streaming box introduces hands-free voice control and enhanced home automation capabilities. However, given its premium price tag and current feature limitations, its appeal depends heavily on your existing tech ecosystem. Key Features & What’s New A19 Chip Performance: Delivers up to 50% faster CPU performance and 2x faster GPU performance over the previous generation, alongside a dedicated AV1 hardware…
If you are shopping for a new television in 2026, your screen needs to do much more than just broadcast cable channels. Whether you are dropping into high-octane PS5 matches, tracking fast-moving cricket and football action, or streaming cinematic 4K series on Netflix and Prime Video, your TV has to juggle three very different visual demands: low input lag/high refresh rates for gaming, sharp motion handling for sports, and deep contrast for movies. To help you navigate the market, we have broken down the top research-backed TV picks across various sizes and budgets, followed by the essential features you should…
Adani Enterprises Limited has signed a Memorandum of Understanding (MoU) with US-based manufacturing leader Jabil Inc. to establish a 50:50 joint venture aimed at manufacturing and assembling high-performance artificial intelligence (AI) and data center hardware in India. Key Highlights & Venture Scope Core Products: The joint venture will manufacture AI racks, servers, storage units, networking equipment, power distribution units (PDUs), transformers, and liquid-cooling systems. Production Scale: The facility is expected to feature multi-gigawatt AI rack manufacturing capacity, catering to both domestic Indian demand and global export markets. End-to-End Solutions: Alongside equipment production, the venture will offer full-suite installation and commissioning…
Former Financial Services Secretary Nagaraju Maddirala has been appointed Chairman and Managing Director (CMD) of Infrastructure Leasing & Financial Services (IL&FS) for a two-year tenure, according to an official order by the Ministry of Corporate Affairs (MCA). Key Details of the Appointment Tenure & Mandate: Appointed for two years starting from the date he takes charge, succeeding Nand Kishore, whose term ended on September 30. NCLT Approval: The Mumbai bench of the National Company Law Tribunal (NCLT) previously approved his induction onto the board as a director on October 1. Compensation Package: Maddirala will draw a monthly remuneration of ₹5.5…
Technology solutions provider Empower India has announced plans to expand its operational footprint into artificial intelligence and robotics implementation, aiming to capitalize on India’s rapidly growing AI market, which is projected to reach $43.5 billion by 2030. Key Highlights & Strategy Implementation Focus: Empower India will focus on deploying, integrating, and customizing third-party technologies and enterprise automation solutions rather than building proprietary AI models or manufacturing hardware. Strategic Partnerships: The expansion will rely on key partnerships with established global and local technology developers and automation suppliers. Revenue Drivers: The company anticipates generating recurring and project-based revenue streams through system integration,…
Tata Trusts Chairman Noel Tata and his son, Neville Tata, have filed caveat petitions in the Mumbai City Civil Court and Bombay High Court against fellow trustees—including Venu Srinivasan and Vijay Singh—to ensure they are given a legal hearing before any interim or ex parte court orders are passed. Key Context & Background The Core Dispute: The filings are the latest escalation in a bitter internal battle within the Sir Dorabjee Tata Trust (SDTT) and other philanthropic entities controlling Tata Sons. Boardroom Divergence: Divisions widened sharply when the Tata Sons board voted to grant N. Chandrasekaran a third term as…
Goldman Sachs posted a strong increase in third-quarter profit, buoyed by volatile market conditions that supercharged its trading desks and boosted equities revenue, even amidst a wider slowdown in M&A dealmaking. Key Financial Highlights Net Profit: Rose to $5.29 billion ($17.01 per share) for the quarter ended September 30, up from $4.10 billion ($12.25 per share) a year earlier. Total Revenue: Increased by 23% to $18.68 billion. Equities Revenue: Surged 72% year-over-year to $6.44 billion, driven by heavy portfolio reshuffling by investors amid market volatility (fueled by Federal Reserve rate decisions, rising fuel costs, and tech stock selloffs). FICC (Fixed…
U.S. equity indices edged lower on Tuesday, weighed down by renewed selling across the semiconductor sector and uneven quarterly earnings reports from major financial institutions. Investor sentiment remained cautious ahead of crucial upcoming inflation and retail sales data. Benchmark Indices Performance Index Closing Level Change (Points) % Change Dow Jones Industrial Average 51,759.47 -91.08 -0.18% S&P 500 7,790.38 -16.86 -0.22% Nasdaq Composite 27,166.47 -79.44 -0.29% Market Breadth: Declining issues outpaced advancers by 1.27 to 1 on the NYSE and 1.87 to 1 on the Nasdaq. Key Drivers & Sector Breakdown 1. Semiconductors Under Pressure Chipmakers led market losses, driving the…
Driven by the explosive growth of artificial intelligence, technology billionaires expanded their collective net worth by a record $845 billion during the first nine months of 2026. Data from the Bloomberg Billionaires Index, cited by The Kobeissi Letter, highlights a widening wealth gap between tech magnates and leaders in traditional non-tech industries. Key Highlights Record Wealth Accumulation: The $845 billion gain marks the largest nine-month wealth surge ever recorded for tech billionaires. Sector Concentration: Tech fortunes now total $4.6 trillion, making up 36% of all wealth on the index—despite tech figures comprising only about 20% of its members. U.S. Market…
South Indian Bank shares experienced a strong run-up in late September 2026, hitting a 52-week and record high of ₹50.68 on September 25, 2026. Following profit-booking and a mild retracement into early October, the stock tested its crucial 20-day moving average (DMA)—a dynamic support level that historically attracts buying interest from short-term bulls. Following this test near the support zone, the stock demonstrated a bounce, hovering around ₹49.01–₹49.22. Technical Structure & Key Levels Immediate Support Zone: ₹42.00 – ₹45.00 (with near-term moving average support aligning closely around the 20-DMA). Immediate Resistance: ₹50.68 (previous record high). Projected Upside Targets: Technical experts,…