Jio Platforms Ltd, the digital services arm of Reliance Industries, has filed draft papers for an initial public offering (IPO) aiming to raise approximately USD 4 billion (about Rs 37,700 crore), which is expected to be India's largest ever IPO.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Sujata Rout Karthikeyan, wife of former Odisha chief minister Naveen Patnaik's close aide VK Pandian, has formally joined the BJD. Naveen Patnaik welcomed her, emphasising her experience as an IAS officer and her work with women. Patnaik also clarified that he would continue to lead the BJD in the next elections, despite speculation about Sujata taking over. Sujata expressed her dedication to serving the people of Odisha under Patnaik's leadership. Her entry into politics follows her husband's withdrawal after the BJD's recent electoral defeat.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Portugal and Colombia played to a 0-0 draw in their final World Cup Group K match, with Colombia securing the top spot and Portugal finishing second. Both teams advanced to the last 32, setting up future clashes against Ghana and Croatia respectively.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
The IRCTC has fined a catering firm Rs 1 lakh and issued a show-cause notice for licence termination after a passenger found a fly in his meal on the Ahmedabad-Mumbai Tejas Rajdhani Express. The firm, Araha Hospitality Pvt Ltd, was warned for lapses in meal preparation and packaging, and instructed to improve hygiene and quality control to prevent future incidents.
The US Department of Homeland Security has proposed a nearly 75 per cent increase in the filing fee for Form N-400, the application for US citizenship through naturalisation, raising it from $760 to $1,330. The proposal also seeks to eliminate reduced-fee options and fee waivers, potentially impacting thousands of immigrants, including Indians.
Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.
A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.
Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
Hoardings calling for the social boycott of Punjab Chief Minister Bhagwant Mann have surfaced at several places including Hoshiarpur, Ludhiana, Bathinda and Amritsar in the state.
World number one Jannik Sinner survived an early scare in his Wimbledon title defence but the Italian shook off the rust and fought past Serb Miomir Kecmanovic 4-6, 6-3, 6-7(6), 6-2, 6-3 on Monday to reach the second round.
The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
A referendum 10 years ago on this day set the United Kingdom on a new path as a non-member of the European Union (EU) and the turmoil of that Brexit vote continues to play out as the country prepares for its seventh prime minister in a decade.
An Assistant Sub-Inspector of the Border Security Force (BSF), ASI Lal Singh, allegedly committed suicide using his service rifle at a camp in Paloura, Jammu. Officials have initiated an inquest to determine the circumstances and motive behind the incident. Singh had recently rejoined his unit after a month-long leave.
Lucknow had signed Pant for a tournament-record $3.21 million in the player auction before the 2025 season and put the wicketkeeper-batsman in charge of the squad.
Investigators recovered nearly Rs 80 lakh in cash and some foreign currency from six of the accused.
'...when it is going to start witnessing a hockey stick growth in terms of music streaming and paid music streaming.'
Chennai-based deep-tech startup The ePlane Company has successfully completed the assembly of its full-scale electric air taxi, the e200X. This prototype, designated PT-01, is now ready for ground testing, marking a significant step towards flight testing and eventual type certification. The versatile e200X is designed for passenger air taxi services, urban cargo transport, and air ambulance operations, aiming to leverage existing city infrastructure.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
NITI Aayog member Abhay Karandikar stated that the US government's new export controls, which led AI giant Anthropic to take its latest models offline, underscore the critical need for India to achieve self-reliance in technology development, particularly in AI infrastructure and hardware.
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
President Murmu said the presence of nine women cadets at the passing out parade is a watershed moment in IMA's history.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 10, with rescue operations continuing using advanced Army equipment. Five individuals have been arrested, including the warehouse owner and structural engineer, as police investigate potential safety norm violations.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
Qlik and ServiceNow have announced a partnership to integrate data analytics and AI into enterprise workflows, enabling faster and more informed decision-making.
Rajasthan Police have dismantled a cyber fraud racket operating from a remote island in Dungarpur district, arresting 12 individuals involved in offering fake escort services and scamming victims across the country.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.
Kunal Shah, founder of CRED, has been appointed global head of WhatsApp, joining a growing list of Indian-origin executives leading major technology companies worldwide. This trend underscores the increasing demand for Indian talent in strategic leadership roles across Silicon Valley.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
The Teacher Eligibility Test (TET) 2026 in Maharashtra has been postponed following a raid in Bhiwandi, Thane, where individuals were found with questions matching the actual exam paper. The Maharashtra State Council of Examination (MSCE) confirmed the breach and initiated a thorough investigation, registering a criminal case. The postponement aims to ensure transparency and allow law enforcement to probe the malpractice racket.
Lieutenant General Seth's involvement in the army's capability development and modernisation efforts is evident from the key appointments he has held in the Strategic Planning and Capability Development Directorates, including Colonel Capability Development for Mechanised Forces, Brigadier Perspective Plans and Acquisition, and Additional Director General Capability Development.
Eligible and selected students will receive a stipend of 20,400 per annum, course fee and other costs.
