The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.
The International Cricket Council has announced significant format changes for the 2027 ODI World Cup and the 2028 T20 World Cup, aiming to increase competitiveness and consequence in both tournaments. The 2027 ODI World Cup will feature a Super Series and Super 7 stage, while the 2028 T20 World Cup will introduce a Super 10 stage after the group phase.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
India's bowling coach Morne Morkel has indicated that the team management will continue to back openers Sanju Samson and Abhishek Sharma, despite the impressive performance of teen sensation Vaibhav Sooryavanshi. Morkel stressed the importance of showing faith in established players who have performed well previously, while also acknowledging the excitement around new talents like Sooryavanshi and pacer Prince Yadav.
The Calcutta High Court has strongly criticised travelling ticket examiners (TTEs) for illegally selling unoccupied berths, likening it to 'selling vegetables in a market', after such an incident led to the death of a drugged theft victim on a train.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
England pace spearhead Jofra Archer attributed India's struggles in the T20I series to the return to 'normal' English conditions, contrasting them with the 'easy wickets and smaller boundaries' experienced during the IPL. Archer's 3/29 and Josh Tongue's 4/38 led to India's biggest T20I defeat by runs.
The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.
These new provisions are expected to help heirs access securities faster.
The Indian Olympic Association (IOA) CEO Raghuram Iyer announced that India will send 125-130 athletes to the Glasgow Commonwealth Games, participating in eight able-bodied and four para sports. The IOA is also preparing for the Asian Games and is in talks with the IOC for India's 2036 Olympic bid in Ahmedabad, which is also set to host the 2030 CWG. Iyer clarified that the IOA will not interfere in athlete selection matters.
PCB chairman Mohsin Naqvi has been invited to attend the ICC Board meeting and IPL 2026 final in Ahmedabad, with Pakistan PM Shehbaz Sharif expected to decide on the visit amid ongoing India-Pakistan tensions.
Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.
Algo strategies must be registered with stock exchanges.
As the FIFA World Cup concludes, we give you a curated list of the most impressive Hindi and English shows from 2026 to fill the OTT void.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
Maharashtra deputy Chief Minister Eknath Shinde on Friday said the alleged embezzlement of donations to the Ram Temple at Ayodhya has pained devotees, but stressed strict action will be taken against those found guilty in the case.
The Pakistan women's cricket team is reportedly facing significant internal disagreements and a tense environment during the Women's T20 World Cup in England. Amidst a winless streak, reports highlight clashes between team mentor Wahab Riaz and captain Fatima Sana over selection and disciplinary matters, alongside broader issues of team groupings and coaching frustrations. This mirrors past problems in Pakistani cricket, exacerbated by frequent coaching changes.
The Bombay High Court has approved the removal of mangroves for the Vadhvan Port Project in Palghar, Maharashtra, citing its public importance and economic significance. This clearance paves the way for accelerated execution of the Rs 76,220 crore project, which aims to position India among the top 10 container port nations globally.
A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.
The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.
The Adani Group-owned Navi Mumbai International Airport is slated to commence international passenger and freighter operations from July 15. This marks a significant expansion for the airport, which began domestic services last December. Air India Express and IndiGo are expected to operate international flights, with customs readiness reviews already completed. The airport anticipates a substantial increase in daily passenger footfall and air traffic movements by the year-end.
DRI sleuths at Chennai International Airport seized five kgs of crystal methamphetamine, valued at Rs 5 crore, from a passenger attempting to board a flight to Kuala Lumpur. The passenger has been arrested, and an investigation is underway to uncover the broader drug network.
England captain Ben Stokes and fast bowler Gus Atkinson are under investigation by the ECB for a nightclub incident following their first Test victory against New Zealand. This incident, which occurred despite stricter team protocols and a midnight curfew, adds pressure on the team and coach Brendon McCullum, recalling previous off-field controversies involving England players.
'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'
Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.
A row has erupted over former Union minister Maneka Gandhi's appeal to the Jain community to stop using 'picchis' (sacred broom) made of peacock feathers, claiming that their demand fuels illegal wildlife trade.
'...A new challenge has emerged in the form of Mythos.'
'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'
Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.
'Why not aspire for 8 or 9 or even 10 per cent?'
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
England cricket captain Ben Stokes is reportedly considering his leadership future after being involved in a nightclub incident that has triggered an investigation by the England and Wales Cricket Board (ECB). Fast bowler Gus Atkinson is also under investigation following the undisclosed incident after England's Test victory over New Zealand.
The 2026 Asian Senior Weightlifting Championships, featuring athletes from 30 countries, will be held in Gandhinagar from May 11 to 17. The event serves as a qualifier for the 2026 Commonwealth Games.
Sri Lanka Cricket board has called for a special Executive Committee meeting to formally seal the ouster of current chief Shammi Silva on directive from country's president Anura Kumara Dissanayake.
