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CCI fines HP India ₹127 crore for bid rigging in government tenders | ZivFin News | ZivFin

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CCI fines HP India ₹127 crore for bid rigging in government tenders

Bloomberg2026.07.14Source: bloomberg.com ↗

HP India dictated bid prices to resellers on the Government e-Marketplace, or GeM, platform and manipulated participation by withholding authorization

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China exports in June rise at fastest pace since 2021 as AI boom, tariff rush lift trade

CNBC2026.07.14

China's exports to the U.S. jumped around 14% last month while imports grew 26%, according to CNBC calculation of the official data.

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Tech

Taiwan's second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook

CNBC2026.07.14

Taiwan’s UMC has kicked off mass production of silicon photonics wafers at its Singapore facility amid positive Citi forecast.

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Market

China smartphone shipments fall for fifth straight quarter as costs rise - IDC

Yahoo2026.07.14

China's smartphone shipments fell 4.3% to 66 million ‌units in the second quarter from a year ‌earlier, as many manufacturers hiked prices to reflect rising memory and component costs, research firm IDC said on Tuesday. It was the fifth straight quarterly decline, and first-half shipments were down 4.2% from a year earlier. Huawei Technologies and Apple were ‌the only vendors ⁠to post growth in the quarter, with shipments up 19.4% and 24.4%, respectively.