NISM-certified research analyst Vipin Gupta shared a video showing a cab driver claiming he lost ₹2.5 lakh to options trading in 2024. "He makes ₹25,000 from driving but lost ₹2.5 lakh...Funny thing is he's not quitting...His quote: I need...₹10-lakh capital, then I'll make profits," Gupta said. "Like lottery and casino, everyone is addicted to options trading these days," he added.

Alappuzha residents Tommy AV and Shiny Tommy have been missing since July 3 after allegedly orchestrating a ₹100-crore chit fund scam in Bengaluru. The duo, who'd operated chit funds for two decades, reportedly fled with over 1,000 people's money. They went missing after selling their residential flat without informing the company's employees. So far, 265 complaints have been lodged.

Nissan is reportedly in talks with Apple supplier Foxconn to repurpose its Yokosuka plant for EV production, aiming to avoid closure under CEO Ivan Espinosa's revival plan. The tie-up could protect 3,900 jobs. Nissan also plans to raise $1.03 billion via convertible bonds to support its turnaround. Stock sentiment remains bearish.

United Drilling Tools's shares jumped after bagging a ₹17.64 crore contract from Oil India for supplying casing and crossover pipes, to be executed within five months. Backed by strong FY25 financials and strategic tie-ups, the stock gained traction among investors seeking growth potential.

Bigbasket, a TATA enterprise, has named Manish Bajoria as its new CFO. With over 20 years of experience at firms like Amazon, HUL, and Vini Cosmetics, Bajoria brings expertise in strategic finance and digital transformation. He began his career at Tata Steel and is a Chartered Accountant.

WNS' shares surged after Capgemini agreed to acquire it for $76.50/share, valuing the deal at $3.3 billion, 17% above its last close. Both boards approved the transaction, which is expected to close by year-end. Capgemini anticipates EPS accretion from 2026 and revenue gains of up to $165 million by 2027. WNS stock is up 38% YTD.

Analyst Deepak Pal sees ONGC's ₹240 level as a solid long-term entry point amid consolidation. The PSU giant holds steady above key EMAs, with minor resistance at ₹247. A breakout could push it to ₹260. Backed by strong fundamentals, low debt, and a 5% yield, ONGC remains attractive for value-focused investors.

Megatherm Induction has received two bulk orders for its induction melting, totalling approximately ₹53 Crore. These orders, originating from clients in Eastern India, involve the supply, erection, and commissioning of capital goods. Key terms include up to 90% advance payment and a performance guarantee of up to 10%. The company will execute these orders within approximately 6 to 8 months.

The 8th Central Pay Commission, expected to be implemented by 2027, could increase salaries of central government employees by nearly three times. Though official details are pending, early estimates suggest a significant rise in basic pay, fitment factor, and allowances. This move aims to boost morale and match compensation with rising economic needs.

Eternal (formerly Zomato) has appointed Aditya Mangla as CEO of food ordering and delivery business and SMP at Zomato. Aditya, who joined the company in March 2021, is currently the Head of Product for food ordering and delivery. He will be taking over from Rakesh Ranjan, who has completed his 2-year stint as the CEO-Food ordering and delivery business.