Core PCE is forecast at 3.3% year-on-year, supporting a cautious, higher-for-longer Federal Reserve outlook ZURICH, July 30 – Truflation, the independent, real-time economic data provider, released its June U.S. Personal Consumption Expenditures Price Index (PCE) forecast, projecting flat headline inflation of 0.0% month-on-month and 3.7% year-on-year. Key findings from Truflation’s June forecast include: Core inflation remained elevated: Core PCE, which excludes food and energy, is…
Employee Reserved Portion Sees Strong Response, subscribed 89 percent on Day 1; Manipal Health Enterprises IPO Subscribed 15 percent
Mumbai, July 30: The Initial Public Offering (IPO) of Manipal Health Enterprises Limited was subscribed 0.15 times on the first day of bidding, with participation from retail, qualified institutional buyers (QIBs), non-institutional investors and employees. The issue received bids for 1,30,96,350 equity shares against 9,00,88,286 equity shares on offer, according to data available on the stock exchanges. The Retail Individual Investors (RII) portion was subscribed 0.25 times, the Non-Institutional Investors (NII) portion 0.07 times, the Qualified Institutional Buyers (QIBs) portion 0.14 times, and…
One Destination for the Industry: JAPAN BUILD Tokyo 2026 Unites 11 Key Sectors Under One Roof
TOKYO, JAPAN | July 30: RX Japan GK has announced the return of JAPAN BUILD Tokyo to Tokyo Big Sight on December 2–4, 2026, set to bring together 11 specialized exhibitions covering every major segment of the building and construction industry. With its comprehensive setup, the event will provide, contractors, architects, developers, facility managers, manufacturers, distributors, and government stakeholders direct access to technologies and business opportunities across the building and construction sector. As the construction and building markets keep changing to meet the…
Markets Open on a Cautious Note as IT and Pharma Stocks Offset Banking Weakness
Mumbai, July 30: Indian equity markets started Thursday’s trading session on a cautious note, with gains in the IT and pharmaceutical sectors helping offset weakness in banking and real estate stocks. Investors remained watchful as sector-specific factors influenced market movement. The BSE Sensex opened marginally lower by 15.74 points at 77,638.86, while the NSE Nifty 50 slipped 0.65 points to 24,249.55, reflecting a largely stable but cautious…
Tata Power-DDL Prepares for a safe Kanwar Yatra
Tata Power Delhi Distribution Limited (Tata Power–DDL), a leading power utility supplying electricity to populace of 9 million in North Delhi, is working round the clock to put in place comprehensive safety measures for pilgrims of Kanwar Yatra on the designated routes in its operational area in Delhi. To be commenced from 30th July till 11th August this year, the annual pilgrimage witnesses a high footfall on roads and colonies which increases the risk of accidental…
Wind Point Partners Announces Final Close of Oversubscribed Fund XI at $3.2 Billion
Business Wire India Wind Point Partners (“Wind Point”), a leading Chicago-based private equity firm, today announced the successful closing of its latest fund, Wind Point Partners XI (“Fund XI” or the “Fund”). Fund XI was oversubscribed and exceeded the hard cap, with total commitments of $3.2 billion. This amount includes significant commitments by the General Partner and members of the firm’s Executive Advisor Partner (“EAP”)…
Workiva Launches Specialized AI Agents and Intelligence Layer to Advance High-Stakes Reporting
Business Wire India Workiva Inc. (NYSE: WK), a leading, audit-ready platform for trust, transparency, and accountability, today announced three purpose-built AI agents and Workiva Knowledge, a persistent intelligence layer grounded in an organization’s data, instructions, and content. The agents will help customers in advanced solution tiers accelerate reporting and compliance outcomes with the control and traceability of the Workiva platform. Together, these capabilities offer…
Copeland Enters into Exclusive Negotiations to Acquire Dickson, Advancing Cold Chain Leadership
Business Wire India Copeland, a global leader in compression technologies and controls solutions, today announced its entry into exclusive negotiations towards the purchase of Dickson, a portfolio company of May River Capital and provider of environmental monitoring and cloud-native software solutions for regulated life sciences and healthcare applications. The proposed acquisition will strengthen Copeland’s strategy of enabling an efficient and effective cold chain, building…
Xpress Genomics Joins Parse Biosciences’ Certified Service Provider Network
Business Wire India Parse Biosciences, the leading provider of scalable and accessible single cell sequencing, and a QIAGEN company, today announced that Xpress Genomics has joined its Certified Service Provider (CSP) program, becoming the first in the Nordic region. The Stockholm-based company will offer Parse’s Evercode single cell sequencing portfolio to researchers through its existing sequencing service pipeline. Originating out of the Karolinska Institutet…
Marvell to Invest $250 Million in India, Expanding Bangalore Facility to Drive Next-generation AI Technology Development
Business Wire India Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced plans to invest $250 million in India over the next three years to expand its capabilities across technology, talent and infrastructure. The announcement coincides with a milestone event celebrating 20 years of innovation in India, highlighting the company’s contributions to global technology development, its continued investment in the…