Retail major Trent is embarking on a robust expansion plan, aiming for significant growth through new store additions for Westside and Zudio, diversification into new formats like Samoh and Burnt Toast, and a projected recovery in like-for-like (LFL) growth.
Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
'The government has to act as one unit since the threat from these newer models will soon scale up.'
Info Edge (India), the company behind Naukri.com, has seen its startup investment portfolio, spanning AI, deeptech, and consumer tech, grow to Rs 41,300 crore from an investment of Rs 4,900 crore since 2007. This significant valuation increase comes despite headwinds in its core recruitment business, which has been impacted by weak hiring trends and IT sector uncertainty.
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
A Nashik court has granted bail to TCS employee Nida Khan, arrested two months ago in connection with alleged sexual harassment and religious conversion cases at the company's unit. Her co-accused, Danish Shaikh, was denied bail. Khan's bail was sought on grounds of pregnancy, while the prosecution argued against it, citing evidence of sexual assault and religious coercion, including attempts to convert a Scheduled Caste victim. A Special Investigation Team is investigating nine such cases at the TCS Nashik unit, and TCS has stated a zero-tolerance policy.
Candidates who prefer the paper-based format will be able to register for the final three test dates scheduled in July and August, after which the option will no longer be available in the country.
Two nannies at a daycare centre on an IT firm's campus in Bengaluru have been arrested for allegedly abusing toddlers. The arrests followed viral videos showing caregivers threatening and mistreating children, prompting a strong response from Karnataka's Home Minister and the IT firm, Capgemini.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
Sir Garfield Sobers' wit was as effortless as his genius with bat and ball. Farokh Engineer recalled one such unforgettable moment on a golf course in Australia when the West Indies legend, watching Sunil Gavaskar repeatedly top the ball, quipped: "This is one game where you are allowed to hit the ball in the air."
This is the great tragic flaw in how we handle medical emergencies. The golden hour is wasted. People get a chest pain and they call their family doctor. Or they drag the patient to a small local clinic that doesn't have the equipment. What people don't realise is that in an emergency, you don't need advice. You need a large hospital.
A Kargil War Hero looks back at the victory of Tiger Hill and the men who didn't return.
Mamata Banerjee strongly defended her nephew Abhishek Banerjee, apologising to the public for "traitors" who left the TMC. She accused the BJP of using investigative agencies to engineer defections and praised Abhishek for his resilience against political attacks, asserting that her family never compromised for political survival.
'I was very close to Kader Khan. Whenever he wrote dialogues and scenes, he would often write my name next to certain roles. He would personally recommend me to directors. Such was his stature that directors would immediately pay attention to his suggestions.'
Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.
The family of an Indian seafarer, Rakesh Chauhan, who died in Venezuela, has called for a high-level investigation after a post-mortem in Uttar Pradesh revealed several internal organs were missing from his repatriated body. The Federation of Seafarers' Unions of India has also demanded accountability from Venezuelan authorities and intervention from the Indian Embassy, citing a lack of transparency and official documents regarding his death.
Argentina's dark blue away jersey holds significant historical and superstitious value for the team, particularly in World Cup encounters against England. The team will wear this kit in their upcoming semi-final, hoping to replicate past successes from 1986 and 1998, where the blue jersey was worn during famous victories over England. Both coaches acknowledge the role of superstition in high-level sports, though Argentina's coach downplays the specific jersey choice. The jersey also features cultural motifs.
'ISRO is planning to build a Bharatiya Antariksh Station by 2030. So, our goal is to create a vehicle that can supply modules to the Bharatiya Antariksh Station and bring the products back.'
Dubai-based Danube Group plans to launch projects with a combined sales potential of approximately $4 billion in fiscal year 2026-27 (FY27), adopting a more selective approach to new developments as the Emirati property market enters a correction phase.
Capgemini has temporarily closed its Bengaluru on-campus daycare facility following reports and viral videos of alleged toddler abuse by caregivers. The IT firm is reassessing all its daycare providers across India and providing support to affected families. This action comes after Bengaluru police arrested two nannies in connection with the alleged abuse, which included threatening and mistreating children. Karnataka Home Minister Priyank Kharge condemned the incident, highlighting its negative impact on 'Brand Bengaluru' and questioning the company's due diligence.
Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.
Argentina will wear their navy-and-black away kit for the World Cup semi-final against England, a decision that has sparked fan interest due to the kit's association with past victories against England, including the 1986 'Hand of God' match and the 1998 penalty shootout win. The team hopes this alternate strip brings them continued success.
Kerala Police has launched a probe after an internal application, crucial for handling files, became dysfunctional, with officials suspecting a cyber attack. The system, maintained by Keltron through a private firm, has been non-functional for four days, affecting internal file movement. Police have confirmed no data breach, and public-facing services remain operational.
Jannik Sinner has done it again, defeating Alexander Zverev to claim his second straight Wimbledon title in a thrilling final on Centre Court.
The National Stock Exchange (NSE) is reportedly planning to launch its much-anticipated initial public offering (IPO), estimated at around Rs 30,000 crore, in September, potentially valuing the exchange at over Rs 5 lakh crore.
Senuja Wekunagoda's imposing unbeaten double hundred helped Sri Lanka Under-19 take control of the first Youth Test against India Under-19, posting a formidable 344/4 on the opening day in Galle.
Families of five women suffering severe kidney infections after C-section deliveries at Kota's New Medical College Hospital (NMCH) have issued a 48-hour ultimatum to district authorities, demanding concrete timelines for kidney transplants. The women have undergone 32 rounds of dialysis, with families facing financial ruin and emotional distress.
Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.
Sir Garfield Sobers, widely considered the greatest all-rounder in cricket history, passed away just days before his 90th birthday, leaving behind an unparalleled legacy that included a significant connection with India both on and off the field.
Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.
India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.
The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
Joe Root anchored England's chase with an unbeaten 99 as the hosts defeated India by four wickets in the second ODI to level the three-match series in Cardiff on Thursday.
Indian-origin NASA astronaut Anil Menon, along with two Russian cosmonauts, has embarked on an eight-month mission to the International Space Station (ISS) aboard a Soyuz MS-29 spacecraft. This marks Menon's first spaceflight, where he will conduct scientific research and technology demonstrations focused on human space exploration, microgravity effects, and in-space production of advanced materials.
