'With this deal, we may see even 50 launches a year within the next few years.'
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.
A new study reveals that a copper-containing compound, Cu(ATSM), can repair vital waste-clearing pumps in the brain, significantly reducing toxic amyloid-beta proteins associated with Alzheimer's disease and improving long-term spatial memory in mouse models. This discovery offers a promising new therapeutic avenue for neurovascular dysfunction in Alzheimer's.
'Knowing that he is always there to support and guide us gives me a sense of security and confidence,' says D Satya Narayana Murthy about his father.
The AIFF has approved a September 4 start for the 2026-27 Indian Super League but deferred a final decision on the league's governance structure, with further discussions set to continue between the federation and ISL clubs.
Automobile manufacturers are increasingly vocal about the mounting paperwork and delays associated with India's Production-Linked Incentive (PLI) scheme for the automotive sector, arguing that compliance requirements are becoming as challenging as meeting technical eligibility conditions. They are pushing for a simpler, faster, and more predictable certification and compliance framework.
Perplexity CEO Aravind Srinivas unveiled the company's vision for AI operating systems at COMPUTEX 2026, highlighting Perplexity Computer's ability to coordinate multiple AI models and balance performance with privacy and cost. He emphasised the growing trend of hybrid AI, combining local device processing with data centre capabilities, and acknowledged Intel's partnership.
Faculty recruitment is conducted directly by universities using global hiring standards while complying with Indian regulations.
15 states have rolled out unconditional cash transfer schemes for women, with an estimated annual outlay of around Rs 1.7 trillion covering nearly 120 million beneficiaries.
Goa's Venkata Chigurupati has earned his maiden India Under-19 call-up for the Sri Lanka tour after a standout season of 49 wickets and 380 runs, as the fast-bowling all-rounder sets his sights on the U-19 World Cup and a future in India's Test team.
A technology institute in Indore has developed an 'AI Yoga Coach' that can distinguish between correct and incorrect yoga postures and provide real-time guidance to practitioners.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Indian government agencies and private sector firms have secured access to Anthropic's advanced AI model, Mythos, through Project Glasswing. This initiative aims to enhance cybersecurity by identifying software vulnerabilities in critical infrastructure. Anthropic has also urged a moderated pace of AI development due to potential societal risks.
How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?
Neymar, despite not playing, made headlines with a social media post trolling an economist after Brazil's 2-1 comeback win against Japan in the FIFA World Cup 2026 Round of 32. Coach Carlo Ancelotti revealed he held Neymar back for potential extra time, while Gabriel Martinelli scored the dramatic winner.
Indian golfers Diksha Dagar, Aditi Ashok, Avani Prashanth, and Pranavi Urs have all successfully made the cut at the Hulencourt Women's Open in Belgium. Diksha Dagar is in a strong position, tied for third, while Aditi Ashok is also within the top 10.
Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.
A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.
Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.
Researchers at the Indian Institute of Science (IISc) in Bengaluru have discovered that oral cancer cells are vulnerable to low-frequency ultrasound, a technique that can selectively destroy them while leaving healthy cells unharmed. This vulnerability is linked to reduced levels of the mechanosensory protein Tropomyosin 2.1. The study suggests ultrasound mechanostimulation could offer a safer, more targeted treatment for oral and other accessible cancers.
Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
A Netherlands cricket board member criticises the ICC's revenue distribution model, arguing it hinders the growth of associate nations.
Cristiano Ronaldo's illustrious World Cup career concluded with tears after Portugal's 1-0 defeat by Spain in the round of 16, marking the end of his sixth attempt to win the coveted trophy.
Three former Trinamool Congress Rajya Sabha MPs, including Sushmita Dev and Sukhendu Sekhar Ray, joined the Bharatiya Janata Party on Thursday and, within hours, were named the saffron party's candidates for the Rajya Sabha bypolls from West Bengal, underlining both their political rehabilitation and the party's calibrated shift in inducting leaders from the erstwhile ruling dispensation.
Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.
BJP national president Nitin Nabin announced the party's plan to replicate Assam's 'detect, delete and deport' model to expel alleged Bangladeshi infiltrators in West Bengal if voted to power.
A new study in mice reveals that psychological stress can significantly alter the gut microbiome, leading to changes in blood-forming stem cells and increasing the risk of conditions like heart disease and diabetes. Researchers found that stress impacts specific brain regions, which in turn affect intestinal microbiota balance and hematopoietic stem cell function.
Rediff photographer Hitesh Harisinghani stepped away from the runway to capture some of the real, unfiltered moments.
Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
India's bowling coach hails team's "hungry mindset" after strong T20 World Cup start
The Badminton Association of India (BAI) has invited Expressions of Interest (EOI) from various organisations to conceptualise, develop, and manage a new professional badminton league in India. The initiative aims to create a sustainable league structure focused on commercialisation, fan engagement, and long-term growth of the sport. Interested parties must demonstrate strong financial capability and experience in managing sports leagues, with proposals due by June 30.
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.
'The main problem the country faces is not low GDP growth, but low employment growth.'
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
Its strength is set to increase by 3 seats once the current round of Rajya Sabha polls for 27 seats are concluded on June 28.
Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.
