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 Nehal Modi faces serious charges, including money laundering and criminal conspiracy, as outlined by the US prosecution complaint.
Updated : Jul 5, 2025

Nehal Modi arrested in US on bank fraud charges in infamous PNB scam

Nehal Modi, brother of Nirav Modi, detained in the US following India's extradition request over his involvement in a multi-crore bank fraud case linked to PNB.

From a brand perspective, it makes Gill interesting. He is the face of Tata Capital, Bajaj Allianz Life, MRF, Oakley, Engage, among others.
Updated : Jul 5, 2025

Calm, fit, and worth ₹7 crore a deal: Shubman Gill is India's new brand machine

In a purple patch with the bat, the new India captain has demonstrated reliability, calm and be a favoured choice for brands

Earlier, commercial pilots could get their routine medical tests from retired IAF doctors certified by the DGCA, but now it will be done at the IAF Boarding Centres.
Updated : Jul 4, 2025

DGCA medical test mandate for pilots sparks row  

DGCA's revised norms for commercial pilots to conduct medical examinations at IAF boarding centres have sparked a row with the pilots’ body objecting that they should be conducted as per International Civil Aviation Organisation norms.

The promoter group’s planned investment has drawn scrutiny from proxy-advisory firms, as it would raise the shareholding of Punit Goenka and his family from 3.99 percent to 18.39 percent.
Updated : Jul 3, 2025

As Zee eyes ₹2,237 crore boost, Subhash Chandra dismisses loans and pledges amid governance push

ZEEL is set to receive ₹2,237.4 crore through a preferential allotment of fully convertible warrants, with the company proposing to issue 16.95 crore warrants at ₹132 each, subject to shareholder approval.

Amitabh Kant
Updated : Jul 3, 2025

IndiGo appoints ex-NITI Aayog CEO Amitabh Kant as non-executive director

Kant, a former IAS officer from the 1980 Kerala cadre, has been a prominent figure behind major national campaigns like ‘Make in India,’ ‘Startup India,’ and the ‘Incredible India’ tourism drive. Most recently, he served as India’s G20 Sherpa during the nation’s presidency of the forum.

The report also said that post-Covid, the Nifty 500 earnings mix has reshaped—BFSI’s share has doubled to nearly 39% in FY25 from 20.2% in FY20.
Updated : Jul 3, 2025

India Inc’s profit surges 3 times faster than GDP since FY20; here’s what to expect now

Data showed that corporate profit as % of GDP has climbed to 6.9% in FY25 from 1.9% in FY20

Companies would be expected to apply to the Employees’ Provident Fund Organisation (EPFO) to avail benefits under the two ELI schemes.
Updated : Jul 2, 2025

ELI scheme available to all companies, guidelines expected soon

EPFO to monitor workers under the scheme for benefits  

Sigachi explosion not caused by reactor burst, says company
Updated : Jul 2, 2025

Sigachi accident not caused by reactor explosion; plant operations to be shut for 90 days, says company

Sigachi explosion: According to an FIR registered against the management of Sigachi Industries, the company was using outdated machinery, and workers were forced to operate it.

In the current session, Asian Paints shares rose 2.28% to Rs 2353 against the previous close of Rs 2300 on BSE.
Updated : Jul 1, 2025

Asian Paints faces antitrust heat for alleged unfair practices in market

The probe was launched after Grasim Industries, operating through Birla Opus Paints, alleged that Asian Paints has been employing unfair practices to maintain its market dominance.

Nokia’s engineers couldn’t agree on the future—and by the time they did, it had already arrived.
Updated : Jun 30, 2025

'It does not work with big thumbs': How one excuse inside Nokia doomed the whole company

“The US engineers were frustrated because they could see the writing on the wall,” Tsai noted. The real issue, he concluded, was deeper than design: “It was very difficult for a company to give up its legacy crutches. Almost never.”

Mahindra believes the world is undergoing another great churn driven by mega-trends like protectionism, geopolitical realignments, and evolving global supply chains.
Updated : Jun 29, 2025

‘Samudra Manthan era’:  Anand Mahindra urges swift action for India’s manufacturing rise amid global churn

At the Mahindra Group, resilience remains the core strategy, embodied in what Mahindra called its “banyan tree” model — where the core businesses act as the trunk, and new ventures grow as aerial roots that can thrive independently while supporting the entire ecosystem.

Rosneft had acquired Essar Oil, later renamed Nayara Energy, in 2017 for $12.9 billion but has struggled to extract full financial benefits due to sanctions.
Updated : Jun 29, 2025

Russia's Rosneft in early talks with Reliance to sell stake in Nayara Energy: Report

Western sanctions have hindered Rosneft’s ability to repatriate earnings from India, prompting its decision to seek an exit from Nayara. A suitable buyer, the sources said, would ideally have significant overseas revenue streams, enabling quick cross-border payouts for the stake.

Reliance Power is actively focusing on renewable and clean energy
Updated : Jun 29, 2025

Reliance Power eyes overseas gas projects; targets Kuwait, UAE, Malaysia

The company has already secured significant footholds in Bhutan, clinching two mega power projects — a 500-MW solar venture and a 770-MW hydropower project.

Anant Ambani, the youngest son of Mukesh Ambani
Updated : Jun 29, 2025

Anant Ambani to get Rs 10–20 crore salary, profit commission as Reliance Executive Director

The appointment marks a key step in Reliance's succession planning, formalised last year when Anant and his siblings, Akash and Isha, were inducted onto the RIL board as non-executive directors

Oral transmission and lack of documentation made Indian systems easy targets for foreign patents
Updated : Jun 29, 2025

'India made yoga, Bali and US made billions': Analyst asks, what did we protect?

Joshi pointed to the global repackaging of Indian traditions—yoga retreats in Bali, turmeric lattes in Los Angeles, Ayurvedic skincare from brands with no Indian roots. Behind the trend lies a deeper issue: India’s failure to protect, brand, and profit from what it created.

Much of their newfound wealth stems from CoreWeave landing heavyweight clients and partners — including Nvidia, OpenAI and Microsoft — positioning itself as a crucial player in AI infrastructure.
Updated : Jun 28, 2025

Minting billionaires overnight: CoreWeave’s 300% stock surge propels CEO to $10 billion fortune in just 12 days

CoreWeave, once an obscure AI cloud startup, went public in March at a disappointing $40 per share. But in just the past two months, its stock has rocketed nearly 300% — and so has the fortune of shareholders.

The 2017 power supply agreement between Bangladesh and Adani Power has faced scrutiny, especially following economic challenges exacerbated by the Russia-Ukraine conflict and domestic political instability.
Updated : Jun 28, 2025

Bangladesh reduces Adani Power dues with $384 million payment, leaves $500 mn in dues unsettled

Bangladesh makes a significant payment of $384 million to Adani Power, reducing outstanding dues to around $500 million. The payment addresses previously 'admitted' claims, with ongoing discussions to resolve further 'claimed' dues.

The takeover, MDL’s first international venture, includes a mix of primary capital infusion and share purchase from Japan’s Onomichi Dockyard Co Ltd
Updated : Jun 28, 2025

India’s Mazagon Dock just made a China-checking power move in Sri Lanka’s waters

The Colombo Dockyard, Sri Lanka’s largest shipbuilding facility, sits adjacent to some of the busiest shipping lanes in the world.

Canara Bank and Union Bank reduce lending rates following RBI's 50 basis point repo rate cut to 5.5%, effective June 2025.
Updated : Jun 27, 2025

Canara Bank hands over Rs 2,283 cr dividend to Centre amid record profits, joins SBI, BoB in robust payouts

Canara Bank has handed over a dividend cheque of ₹2,283.41 crore to the Government of India, underscoring its robust financial performance in line with peers like SBI and Bank of Baroda. The significant payout reflects the bank’s commitment to creating value for stakeholders and reinforces the strong health of the public sector banking sector.

From allowing converted securities in OFS and easing FPI norms to empowering startup founders, Sebi has signalled a bold, business-friendly direction.
Updated : Jun 27, 2025

SEBI widens crackdown on pump-and-dump schemes, raids multiple locations

In a determined effort to shield retail investors from market manipulation, SEBI has launched raids across multiple cities to crack down on pump-and-dump schemes. The regulator has seized crucial evidence as investigations continue, spotlighting a troubling trend where even celebrities and deceptive online content have played roles in misleading the investing public.

Vishesh Chandiok, CEO of Grant Thornton Bharat LLP
Updated : Jun 27, 2025

'India needs its own Big Four': Grant Thornton Bharat CEO Vishesh Chandiok calls for homegrown audit giants

Chandiok speaks to Business Today on why there is a need to scale up domestic auditing firms and the way forward