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Brent may average $89 in FY27 amid Iran Israel tensions
Global crude supply faces a deficit of up to 11 million barrels per day as geopolitical tensions in West Asia, including Strait of Hormuz disruptions, drive oil prices higher.
Bitcoin trades at $69,962 as dollar weakens and Ethereum rises
Bitcoin is trading close to $70,000, buoyed by easing geopolitical tensions and a weaker US dollar, as improved global risk sentiment supports the cryptocurrency market.
NVIDIA and LG Group to launch global AI factory collaboration
Nvidia and LG Group have joined forces to create an advanced AI factory, integrating robotics, autonomous driving, and data center technologies for next-generation innovations.
Bajaj named Zee5 business head for India to lead content
Zee Entertainment has named Tejkarran Singh Bajaj as Zee5 India's Business Head to drive digital growth, focusing on content, user engagement, and revenue strategies.
RBI covers FCNR(B) hedging costs to attract US dollar inflows
The RBI has reintroduced incentives for FCNR-B deposits, offering to bear full hedging costs on fresh three- and five-year deposits to attract durable dollar inflows.
European STOXX 600 drops nearly 1% amid Israel Iran tensions
European shares dropped as Middle East tensions and a global AI stock selloff pressured markets, with the STOXX 600 index falling 0.9% alongside surging crude oil prices.
RBI raises dollar book to $110-$115bn to steady Indian rupee
The Reserve Bank of India’s net-short dollar book has surged to a record $110-$115 billion, driven by interventions to stabilize the rupee amid oil-price shocks and volatility.
RBI and SEBI to launch derivatives on corporate bond indices
SEBI and RBI are collaborating to introduce derivatives linked to corporate bond indices, aiming to deepen India's debt market and enhance liquidity in fixed-income instruments.
RBI holds repo rate at 5.25% citing caution and clarity
The RBI maintained policy rates at 5.25%, emphasizing inflation control and liquidity support, while external pressures and monsoon uncertainties heighten economic risks.
India's inflation expected at 4% in May ends 15-month streak
India's inflation likely hit the RBI's 4% target in May, driven by surging vegetable prices and higher fuel costs amid war-related supply disruptions and rising wholesale prices.
Lakshmikumaran and Sridharan Attorneys adopt Dell AI assistant with NVIDIA
Dell Technologies partners with Lakshmikumaran & Sridharan Attorneys to deploy its AI legal assistant, enhancing legal precision and efficiency using Dell AI Factory with Nvidia.
Indian AI focused stocks plunge amid global tech selloff
Indian AI-linked stocks tumbled as global technology markets faced a sell-off, with Netweb Technologies plunging 7.37% and E2E Networks dropping nearly 5% amid valuation concerns.
TCS lands multi-year Europe IT overhaul contract with Canada Life
Tata Consultancy Services partners with Canada Life to modernize IT infrastructure across Europe, leveraging AI and digital tools for enhanced operational efficiency and agility.
Kiwi General Insurance enters India with AI, aims ₹5,000cr premiums
Kiwi General Insurance, backed by WestBridge Capital and Neelesh Garg, aims to revolutionize India's insurance market with an AI-driven model focused on efficiency and automation.
Carlsberg considering India IPO may raise $700 million in June 2026
Carlsberg A/S is preparing to file draft papers for a $700 million initial public offering of its India unit, aiming to capitalize on rising alcohol consumption in the country.
IMF chief Kristalina Georgieva says shocks demand greater economic resilience
IMF Managing Director Kristalina Georgieva cautions that frequent global crises are the new norm, urging stronger foundations to withstand escalating disruptions.
Binance launches OpenAI pre-IPO contracts after SpaceX contract exceeded $280 million
Binance launched its second Pre-IPO Perpetual Contract tied to OpenAI's anticipated valuation, following the $280M trading success of its SpaceX-linked debut within five days.
Haleon to build 1st ₹2,000cr oral health plant in Pithampur
Haleon, maker of Sensodyne, will invest £175 million to establish its first oral health manufacturing plant in India, reflecting confidence in the market's growth potential.
Apna uses AI to match blue-collar workers, aims ₹150cr revenue
Apna leverages multilingual AI tools to bridge India's informal labour gap, aiming for ₹150 crore revenue by FY27 while transitioning millions of workers into organised sectors.
Sterlite Technologies stock hits lower circuit, drops 5% to ₹588.30
Sterlite Technologies shares dropped 5% on Monday following a 56% surge in one month, as global AI and tech stock selloffs dampened investor sentiment.
Bitcoin rebounds to $63,100 after rocky week, $3.4B ETF outflows
Bitcoin recovered to $63,000 after defending the critical $59,000–$60,000 support zone, despite facing significant ETF outflows of $3.4 billion and lingering market caution.
TCS shares slide over 32% since January on rate fears
TCS shares dropped 2% on Monday, extending a 12% four-day slide, as rising U.S. bond yields and AI disruption fears weigh heavily on India's largest IT services company.
IndiGo outlines 2030 plan for over 550 aircraft, shares slip
IndiGo aims for a 550-aircraft fleet and 3,000 daily departures by 2030, focusing on international growth and premium offerings, even as its stock drops 2.39% amid ambitious plans.
ICICI Securities sees $50-$60B inflows after RBI opens India's bonds
The Reserve Bank of India's recent policy changes aim to attract $50-60 billion in foreign investments, addressing economic challenges and boosting investor confidence.
8th Pay Commission delay could lead to arrears worth lakhs
The implementation of the 8th Pay Commission, which was originally due on January 1, 2026, has been delayed.
HFCL stock falls nearly 10% after 165% rally selloff
HFCL shares have dropped 10% over two sessions, driven by profit booking following a remarkable 165% rally in 2026, amid strong fundamentals and rising order inflows.
SMR Jewels BSE SME listing opens nearly 20% below IPO
SMR Jewels shares listed at a 19.57% discount on BSE SME but gained nearly 5% intraday, recovering partially amid a broader stock market selloff.
Rajesh Exports shares hit lower circuit for 3rd consecutive day
Rajesh Exports' stock has hit its lower circuit limit for the third straight trading session.
SpaceX secures $30B Google AI computing contract from October 2026
SpaceX has secured a $30 billion agreement to supply Google with AI computing power, leveraging Nvidia chips to meet surging demand for Google's Gemini Enterprise platform.
Merritronix stock opens 90% above issue on BSE SME debut
Merritronix shares surged 90% above the issue price on debut, opening at ₹283.10, and quickly hit a 5% upper circuit at ₹297.25, reflecting strong investor demand.
Aviva found £233 million of fake claims amid AI-enabled fraud
Aviva uncovered £233m in fraudulent claims in 2025, with scammers increasingly using AI to fake accident scenes, documents, and exaggerate damages.
IndiaAI mission widens AI access for businesses beyond big firms
Small and mid-sized businesses are leveraging modular, domain-specific AI solutions to drive operational efficiency, reduce costs, and stay competitive in evolving markets.
Indian markets open sharply lower, over ₹5L/cr investor wealth lost
BSE Sensex and Nifty50 plunged on Monday, wiping out over Rs 5 lakh crore in investor wealth as weak global cues, geopolitical tensions, and rising crude prices rattled markets.
Indian rupee drops 17 paise to 95.35 against US dollar
The rupee started the week at 95.35 against the US dollar, slipping 17 paise, as stronger dollar trends, rising crude prices, and Middle East tensions weighed on market sentiment.
Carlsberg wants to raise $700M via IPO in India
Danish brewer Carlsberg A/S is gearing up to file draft papers for an initial public offering (IPO) of its Indian unit, possibly this month.
Adani Ports makes South America debut with $70M contract
Adani Ports and Special Economic Zone (APSEZ) has won a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Sensodyne maker setting up manufacturing plant in India for ₹2,000cr
Haleon, the company behind popular sensitivity toothpaste Sensodyne, has announced its plan to invest £175 million (approximately ₹2,000 crore) in a new manufacturing facility in India, as per Mint.
India seeks inclusion in Bloomberg's global bond index
India is set to reapply for inclusion in major global bond indices, including the Bloomberg Global Aggregate Index.
Oil market will see oversupply after Hormuz reopening: Fitch Ratings
Fitch Ratings has predicted that the global oil market will return to oversupply after the reopening of the Strait of Hormuz.
'Make in Russia for India' model pitched for fertilizer JVs
India's Ambassador to Moscow, Vinay Kumar, has pitched the 'Making in Russia for India' model.
Will Rajesh Exports be dropped from Modi government's PLI scheme?
The Ministry of Heavy Industries (MHI) is considering removing Rajesh Exports from its production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage.
Why Curefoods has delayed its ₹800cr IPO plan
Curefoods, a leading cloud kitchen platform, has decided to delay its ₹800 crore initial public offering (IPO) plan.
Sensex rebounds 500 points but indices remain negative at midday
Sensex recovered 500 points from intraday lows, while Nifty reclaimed the 23,200-mark despite ending 0.6% lower, driven by value buying and positive global cues.
SEBI reviews reforms to simplify and modernize India's markets
SEBI Chairman Tuhin Kanta Pandey announced plans to revise stockbroker net-worth norms, enhance IPO price discovery mechanisms, and simplify compliance for research analysts.
India will tackle Trump's Section 301 tariffs, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal has downplayed concerns over the proposed 12.5% tariffs by the Trump administration on India and 53 other countries.
Wipro shares drop over 8% after ₹15,000cr buyback goes ex
Wipro shares plunged over 5% on Monday, extending an 8% two-day decline, driven by weak global tech sentiment, rising US bond yields, and cautious commentary from Morgan Stanley.
Rupee slips to 95.35 after Iran missile strikes on Israel
The Indian rupee weakened by 17 paise to 95.35 against the US dollar on Monday, driven by escalating West Asia tensions and a sharp rise in global crude oil prices.
Why Nifty IT is down over 8% in 4 sessions
The Nifty IT index has witnessed a major slump, declining by 1.8% to 28,500 in morning trade today.
Nifty IT index falls amid global tech and AI selloff
Nifty IT index dropped 1.7%, extending its four-session loss to 8%, as global tech and AI-linked stocks faced profit booking, impacting major players like Infosys, TCS, and Wipro.
Why ATMs in small towns, cities are running dry
The Confederation of ATM Industry (CATMi) has warned that ATMs in tier 2 and tier 3 cities are facing severe cash shortages.
Gold and silver dip on MCX amid U.S.-Iran tensions
Gold and silver prices dipped on Monday as escalating US-Iran tensions and rising crude oil prices fueled inflation concerns, raising speculation of a potential US Fed rate hike.
Palantir CEO Alex Karp criticizes 'tokenmaxxing' as porn addiction
Palantir CEO Alex Karp likened the overuse of AI tokens, or "tokenmaxxing," to a harmful addiction, criticizing its inefficiency and lack of tangible productivity during AIPCon 10.
NVIDIA, SK Telecom plan AI cloud in Korea by 2027
Nvidia announced major AI infrastructure projects in South Korea, including a gigawatt-scale data center with SK Telecom and advanced memory chip development with SK hynix.
India's 10-year yield steady at 6.98% after RBI kept rates
Government bond yields remained stable on June 8, as the Reserve Bank of India's policy actions offset crude price surges driven by escalating Israel-Lebanon tensions.
Indian markets tumble amid rising oil and Middle East tensions
Sensex and Nifty fell sharply on Monday as rising crude oil prices, escalating Middle East tensions, and fears of a U.S. interest rate hike dampened investor sentiment.
KPMG finds most companies lack clear understanding of AI spending
A KPMG report highlights that 74% of companies lack a clear understanding of their AI usage costs, with only 26% having comprehensive visibility into their billing.
Sensex falls over 800 points as Nifty slips below 23,200
Global markets tumbled as escalating Iran-Israel tensions pushed crude oil prices above $96 per barrel, raising inflation concerns and dampening investor sentiment worldwide.
Retired India A captain Priyank Panchal launches Sportsversity for athletes
Former India A captain Priyank Panchal has introduced Sportsversity, India's first athlete-first sports education platform, focusing on careers beyond the playing field.
Jensen Huang in Seoul calls AI stock slump buying opportunity
Nvidia CEO Jensen Huang views the recent AI-driven tech stock selloff as a chance to invest, emphasizing that the AI infrastructure boom is still in its infancy.
Sigma Advanced Systems wins $22 million order while shares fall 5%
Sigma Advanced Systems shares fell another 5% on Monday, even after the company announced a ₹208 crore export order for 155 mm artillery shell bodies from a North American client.
Indian markets slip as GIFT Nifty falls 262.5 points
GIFT Nifty fell 1.1% on Monday, signaling a weak start for Sensex and Nifty as global equity selloff and Middle East tensions weigh on investor sentiment.
Indian rupee opens 37 paise lower at ₹95.32 per USD
The Indian rupee weakened to 95.32 against the US dollar amid rising geopolitical tensions, surging crude oil prices, and a global equity selloff impacting market sentiment.
IndiGo unveils 2030 vision with 550-aircraft fleet
IndiGo parent InterGlobe Aviation Ltd has announced an ambitious growth strategy aimed at making it a key player in the global aviation sector by 2030.
Moonshot AI seeks $2B to raise valuation to $30B
Moonshot AI, developer of the Kimi chatbot, is in early talks to raise $2 billion, aiming for a $30 billion valuation amid China's competitive artificial intelligence landscape.
Tata Trusts reviews Tata Group firms before June 12 meeting
Tata Trusts convene today to assess losses in Air India, Tata Digital, and other ventures, ahead of a critical June 12 Tata Sons board meeting on governance and leadership issues.
Walmart unveils AI tools and OpenAI certification for US associates
Walmart assures employees that AI will enhance productivity and streamline tasks, emphasizing support over replacement as it expands AI tools across operations.
RBI eases bank forex rules to steady falling rupee
Indian banks now shoulder a critical role in stabilizing the rupee, tasked with attracting foreign currency inflows and managing heightened risks amid global uncertainties.
Oil prices rise over 3% amid renewed Middle East fighting
Crude oil prices surged over 3% as renewed Middle East conflict heightened fears of prolonged supply disruptions, raising concerns that Brent crude could soon test $100 per barrel.
Israel's strikes on Lebanon raise oil to $92.64 and $95.42
Oil prices spiked over $2 per barrel amid renewed Gulf hostilities, while gold extended its decline as stronger U.S. jobs data fueled rate-hike concerns.
Aswath Damodaran says SpaceX $135 IPO overpriced, favors $100
Valuation expert Aswath Damodaran argues SpaceX's $135 per share IPO price is overvalued, estimating the company's equity at $1.3 trillion instead of $1.8 trillion.
UP plans more than 2GW data center capacity by 2030
Uttar Pradesh CM Yogi Adityanath aims to develop over 2 GW of additional data centre capacity by 2030, emphasizing AI, green infrastructure, and statewide digital growth.
Hindustan Unilever, Dabur, Britannia raise prices or shrink ₹10-₹20 packs
Indian companies are raising prices and reducing product sizes as soaring oil, freight, and insurance costs—exacerbated by the U.S.-Israeli war on Iran—pressure margins.
Gold falls after US jobs report raises Fed hike concerns
Gold prices dipped further on Monday, driven by U.S. interest rate hike concerns, while a stronger-than-expected jobs report fueled expectations of tighter monetary policy.
Gold $4,334.50 and silver $67.39 dip on US data
Gold prices slipped to $4,334.50 per ounce, down 0.71%, while silver declined 2.49% amid strong US economic data and elevated Treasury yields dampening demand for precious metals.
South Korea's KOSPI falls over 8% as US rate worries
Asian stock markets plunged as profit-taking hit AI-driven tech shares, with South Korea's KOSPI suffering the steepest losses, falling over 8% amid escalating global tensions.
Eighth Central Pay Commission sets final June 15 web-only deadline
The 8th Pay Commission's delayed implementation could result in central government employees receiving arrears up to ₹14 lakh, depending on the approved fitment factor.
Mumbai's small animal hospital changes leadership after Tata Trusts dispute
India's largest veterinary facility, the Tata-backed Small Animal Hospital, has reconstituted its board following key resignations amid internal conflicts within Tata Trusts.
NVIDIA signs AI partnerships during Jensen Huang's South Korea visit
Nvidia has secured strategic agreements with South Korean tech leaders, including SK Group, Naver, and Doosan, to bolster AI advancements and ensure a steady memory chip supply.
LIC ramps up long term investments amid rising annuity demand
LIC is collaborating with regulators like RBI and Sebi to expand long-term investment options, aligning with rising inflows into its annuity products and long-term liabilities.
India pushes to join global bond indices with tax breaks
India seeks inclusion in global bond indices after granting tax exemptions to foreign investors and expanding its long-dated securities pool to attract substantial inflows.
Oil prices rise as Israel strikes Lebanon, Iran fires missiles
Oil prices surged over $2 per barrel after Israel launched renewed strikes on Lebanon, undermining hopes for peace and disrupting crude flows through the Strait of Hormuz.
Why gold and silver prices are falling today
Gold and silver prices have witnessed a decline in international markets today.
Airline profits to plunge 50% amid rising fuel costs
The International Air Transport Association (IATA) has revised its profit forecast for the global airline industry, predicting a sharp decline in profitability by 2026.
Asian markets plunge as Israeli and Iranian strikes boost oil
Asian markets nosedived as South Korea's KOSPI sank 6.8% and Japan's Nikkei dropped 3.4%, driven by escalating US-Iran tensions and surging crude oil prices nearing $95 per barrel.
NVIDIA and SK Hynix sign multi-year HBM supply deal
Nvidia and SK Hynix have signed a multi-year agreement to co-develop next-generation memory chips for AI, strengthening SK Hynix's position in the high-bandwidth memory market.
US dollar hits 2 month high after 172,000 jobs added
The dollar soared to a two-month high after a strong U.S. jobs report bolstered expectations of Federal Reserve rate hikes, while the yen weakened near intervention levels.
IRDAI ties insurance CEOs' pay to customer treatment, claims data
Insurance CEOs’ pay is now linked to claim settlements and grievance redressal metrics, aiming to enhance policyholder trust and improve customer-centric practices.
RBI doubles PROI per-company cap to 10% and overall 24%
The Reserve Bank of India has expanded direct equity market access for overseas investors, doubling individual and aggregate caps under the Portfolio Investment Scheme (PIS).
EPFO allows full PF withdrawal in special cases without reason
EPFO has introduced reforms allowing 100% PF withdrawals under special circumstances without specifying reasons, simplifying the process and enhancing flexibility for subscribers.
South Korea's KOSPI plunges over 8%, halted for 20 minutes
South Korea's KOSPI index plummeted over 8%, triggering a circuit breaker, as global tech selloffs and US rate fears spurred panic, particularly in semiconductor stocks.
India seeks private nuclear investment, considers ₹1L cr RDI scheme
The Indian government plans assured power purchase agreements and financial support to attract private sector investments, aiming to boost nuclear capacity for green transition.
Curefoods pauses ₹800cr IPO despite SEBI approval, eyes 2027 retry
Curefoods has postponed its Rs 800 crore IPO after mutual funds resisted its Rs 4,000 crore valuation, citing challenging market conditions for loss-making firms.
India to hold 2nd EAEU free trade talks in Moscow
India’s trade team will visit Moscow this month for the second round of FTA negotiations with the EAEU, focusing on reducing non-tariff barriers and improving market access.
HDFC Bank delays Sashidhar Jagdishan's reappointment pending legal report
HDFC Bank's board will decide on CEO Sashidhar Jagdishan's third term only after reviewing a delayed legal report addressing concerns raised by former chairman Atanu Chakraborty.
Sensex plunges over 750 points, Nifty50 falls below 23,150
India's benchmark indices, the Sensex and Nifty, opened sharply lower on Monday.
Oil prices jump as Iran launches missiles at Israel
Crude oil prices spiked as Iran's missile strikes on Israel threatened a fragile ceasefire, while OPEC+ announced increased output amid ongoing disruptions in the Strait of Hormuz.
Adani Group logs over 15,000cr block deals as investors buy
Adani Group stocks witnessed over Rs 15,000 crore in block deals, driven by strong participation from global asset managers and domestic mutual funds across key sectors.
SpaceX IPO: How Indian investors can participate
Elon Musk's space exploration firm, SpaceX, is gearing up for its initial public offering (IPO).
Prada partners with Axiom Space to design astronaut cooling undergarment
Prada unveiled a cutting-edge inner-layer garment for NASA astronauts, marking its bold entry into the space industry through a collaboration with Axiom Space.
Survey shows only 5% of Indian firms fully integrated AI
Indian enterprises are accelerating AI integration, but challenges like data quality and infrastructure gaps persist, with only 5% fully embedding AI into core operations.
Citi uses AI to speed real time global payments
Citi integrates AI across its operations, boosting developer efficiency by up to 40% and simplifying cross-border payments, processing $6 trillion daily with enhanced transparency.
Vinay Kumar proposes 'Making in Russia for India' joint ventures
India's envoy to Moscow, Vinay Kumar, has proposed joint ventures in fertilisers and critical minerals under the 'Making in Russia for India' model to strengthen bilateral trade.
South Korea halts trading as KOSPI index crashes over 8%
South Korea's benchmark stock index, the KOSPI, witnessed a major crash on Monday. The index plunged over 8%, triggering a circuit breaker and forcing a temporary halt in trading.
Memory chip boom lifts South Korea, Taiwan markets past India
South Korea and Taiwan's stock markets have surpassed India in market capitalisation, driven by booming AI-led chip demand, while India faces foreign investor pullbacks.
India plans product passport to digitally track seafood, boost exports
India is developing a Product Passport framework to enhance traceability in the fisheries sector, aiming to surpass $10 billion in seafood exports by FY27.
IATA warns airline profits will fall to $23bn in 2026
Global airline profits are projected to drop to $23 billion in 2026, halving from $45 billion in 2025, as Middle East conflicts and soaring fuel costs strain margins.
Shareholders approve Anant Ambani as Reliance Industries whole-time executive director
Anant Ambani's appointment as a whole-time executive director of Reliance Industries received 94.4% shareholder approval, solidifying his leadership role within the conglomerate.
Rajesh Exports faces PLI exclusion over SEBI ₹15.15L cr allegation
The Ministry of Heavy Industries is considering removing Rajesh Exports from its ACC battery storage PLI scheme following SEBI's allegations of financial fraud.
Oil prices jump over 3% as Iran-Israel tensions flare again
Oil prices witnessed a significant spike on Monday, amid rising tensions in the Middle East.
These US states plan to block Paramount's Warner Bros acquisition
California, New York, and other US states are preparing a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros, as per Reuters.
FPIs pull out ₹43,000cr from Indian equities in June
Foreign portfolio investors (FPIs) have withdrawn nearly ₹43,000 crore from Indian equities in the first week of June.
Why Tata Steel's £1.25B UK decarbonization project might be delayed
Tata Steel's ambitious £1.25 billion decarbonization project in the UK could be delayed by six to eight months.
Why Karnataka HC has fined BSNL over ₹55L
The Karnataka High Court has directed Bharat Sanchar Nigam Limited (BSNL) to pay over ₹55 lakh in compensation and damages.
Chinese companies get 8x more subsidies than Indian counterparts
A recent report by the Organisation for Economic Co-operation and Development (OECD) has revealed that Chinese companies received significantly more government support than their Indian counterparts between 2005 and 2024.
Will OPEC+ approve increase in oil output today?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are poised to approve a fourth consecutive increase in their oil output target.
Mainboard IPOs, SME listings to watch out for next week
The primary market is witnessing a revival, with strong demand for the IPOs of CMR Green Technologies and Hexagon Nutrition.
Top 7 Indian companies lost ₹1.25L crore last week
The combined market capitalization of seven out of the top 10 most valued companies in India fell by ₹1.25 lakh crore last week.
Why LIC is in talks with RBI and SEBI
The Life Insurance Corporation of India (LIC) is in talks with key financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Cooking gas in India cheaper than abroad, says Modi government
The Ministry of Petroleum and Natural Gas has said that Indian households pay much less for cooking gas than those in other countries.
Infra investment firm mulling India-focused fund with ₹5,000cr corpus
I Squared Capital (ISQ), a global infrastructure investment firm, is considering the establishment of an India-focused vehicle with a corpus of ₹4,000-5,000 crore, as per Mint.
Zepto to file IPO papers next week, seeks $1B
Zepto, a leading quick commerce start-up, is gearing up to file its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) early next week, according to media reports.
Reliance Infra seeks review of surveillance norms for IBC firms
Reliance Infrastructure has urged the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE) to review the surveillance framework for companies involved in Insolvency and Bankruptcy Code (IBC) cases.
Saudi Arabia eases property ownership rules for non-resident foreign firms
Saudi Arabia has announced new guidelines for non-resident foreign companies looking to own property in the Kingdom without having to set up or conduct economic activities.
Finnair in talks with SpaceX, Amazon for inflight Wi-Fi
Finnair, the flag carrier of Finland, is in talks with SpaceX's Starlink and Amazon's Leo to provide inflight Wi-Fi services on its planes.
India to drive nearly half of global oil demand growth
Igor Sechin, the CEO of Russian oil giant Rosneft, has predicted that India will account for nearly half of the global increase in oil demand over the next decade.
LG Chairman grills dinner for NVIDIA CEO in viral video
A casual dinner between some of the biggest names in global technology has gone viral.
Nestle India's royalty payment to parent company jumps 14%
Nestle India has reported a whopping 14.2% increase in its sales revenue for the fiscal year ending March 2026. The company's revenue surged to ₹23,071.46 crore during this period.
India's GDP growth may slow to 6.5% in FY27
India's economic growth is expected to slow down to around 6.5% in the fiscal year 2027 (FY27), according to research reports from brokerage firms Dolat Capital and ICICI Global Markets.
AI now top reason for layoffs in US
A recent report by Challenger, Gray & Christmas has revealed that artificial intelligence (AI) is the top reason for job cuts in the US this year.
Trump administration weighs taking stake in OpenAI
The Trump administration is reportedly considering an equity stake in OpenAI, the leading artificial intelligence (AI) company co-founded by billionaire Sam Altman.
Who's Sriram Krishnan? Trump's Indian-origin AI adviser leaving White House
Sriram Krishnan, a prominent Indian-American tech executive and venture capitalist, has announced his decision to step down from his role as the Senior White House Policy Advisor on Artificial Intelligence (AI).
Health insurance claim denied? Insurers now have to explain why
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated insurers to provide detailed explanations for rejecting health insurance claims.
Why EU plans to lower taxes on clean energy
The European Union (EU) is preparing to unveil a new regulation next month, aimed at reducing taxes on renewable energy and enhancing the flexibility of electricity systems.
Airlines facing bankruptcies and mergers due to Middle East war
The escalating conflict in the Middle East is expected to increase the risk of airline bankruptcies and lead to further consolidation in the industry, according to Willie Walsh, Director General of the International Air Transport Association (IATA).
CBI conducts raids in ₹661cr Haryana bank fraud case
The Central Bureau of Investigation (CBI) has conducted raids at six locations in Chandigarh, Panchkula, and Delhi-NCR.
CBSE retains COEMPT for answer sheet scanning amid evaluation concerns
The Central Board of Secondary Education (CBSE) has decided to continue its partnership with Hyderabad-based COEMPT Eduteck for scanning answer sheets.
Zee Entertainment board to consider fundraising proposal next week
Zee Entertainment Enterprises Limited (ZEEL) has announced that its Board of Directors will meet on June 10, 2026.
IDFC Bank's Chandigarh fraud was an isolated incident: KPMG
A forensic review by KPMG has confirmed that the ₹646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident.
Edible oil will now be sold in standard pack sizes
The Indian government has reintroduced standard pack sizes for major edible oils.
You can soon catch a Scandinavian Airlines flight from India
Scandinavian Airlines (SAS) has announced its intention to start operations in India.
When will EPFO's 8.25% interest reflect in your account?
The Employees' Provident Fund Organisation (EPFO) has announced an interest rate of 8.25% for the financial year 2025-26.
Gautam Adani is Asia's richest person again
Industrialist Gautam Adani has reclaimed his spot as Asia's richest person after a surge in the shares of his conglomerate, the Adani Group.
Why RBI has imposed ₹41.8L fine on Canara Bank
The Reserve Bank of India (RBI) has imposed a penalty of ₹41.8 lakh on Canara Bank for violating Know Your Customer (KYC) norms and account classification errors.