The initial public offer (IPO) of SBI Funds Management Ltd was fully subscribed on the second day of bidding, receiving bids for 1.17 times the shares on offer, with strong interest from non-institutional investors and anchor investors.
Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.
A sensational New York Times report alleging that Israel's Mossad secretly groomed former Iranian president Mahmoud Ahmadinejad to lead a post-Islamic Republic Iran is being scrutinised for its strategic timing amidst Iran's sensitive post-Khamenei transition.
Exiled Bangladeshi author Taslima Nasrin is set to return to Kolkata next month for an anti-fundamentalism literary event, nearly two decades after she was forced to leave the city amid violent protests over her writings. The BJP government in West Bengal is projecting this as a reversal of past capitulation to religious fundamentalism.
Argentina coach Lionel Scaloni lauded his team's ability to perform under pressure, stating they 'play its best football when it's under pressure' after their dramatic 2-1 comeback victory against England secured a spot in the World Cup final.
'Earlier, people used to hand money directly to priests after a ritual, and priests would keep it in their own pockets. We completely stopped that practice.'
The DMK has approached the Supervisory Committee and the CBI, seeking action against Minister Aadhav Arjuna for allegedly influencing witnesses in the ongoing Supreme Court-monitored probe into the Karur stampede. This comes after the Supreme Court declined to regulate Chief Minister C Joseph Vijay's visit to Karur to meet victims' families, a visit the DMK opposes due to the ongoing investigation.
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.
Samajwadi Party chief Akhilesh Yadav has intensified his attack on the alleged embezzlement of donations at the Ram temple in Ayodhya, demanding a scrutiny of call detail records of temple employees. He claims a significant majority of them have links to the BJP and accuses the ruling party of prioritising electoral gains over religious values amidst an ongoing SIT probe and recent resignations within the temple trust.
From Satyameva Jayate to Mastiii 4, Milap Zaveri's films may divide critics, but ranking them can prove to be even more challenging than watching them.
India skipper Shubman Gill has strongly rejected the idea of pruning ODIs to 40 overs, instead advocating for more triangular or quadrangular series to revive the struggling format amidst the rise of T20Is.
Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.
Intimacy is not just physical, explains rediffGURU Anu Krishna.
Despite a wobbly screenplay and an overstretched runtime, Anbe Diana charms with its light-hearted approach and Ramya Ranganathan's performance.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
Nagpur Commissioner of Police Vishwas Nangare Patil has addressed the controversy surrounding an old video where he appeared to praise the RSS. He asserted that his remarks at the event were within legal frameworks and did not violate service rules, emphasising his commitment to the Constitution and respect for all communities. The controversy arose after the Maharashtra Congress and MNS chief Raj Thackeray criticised his speech, questioning his neutrality.
Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
India's foreign exchange reserves saw a significant drop of USD 5.654 billion, settling at USD 666.933 billion for the week ending June 26, following interventions by the RBI and public appeals by Prime Minister Narendra Modi to conserve forex.
These new provisions are expected to help heirs access securities faster.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
The DMK has announced it will meticulously examine the proposed delimitation Bill when it is introduced in Parliament, making a decision based on its merits to safeguard Tamil Nadu's interests. The party's stance will be independent, without consultation with the Congress party, despite their former alliance.
Maharashtra Chief Minister Devendra Fadnavis announced a significant waiver of approximately Rs 48,000 crore in pending electricity dues for farmers, aiming to facilitate new agricultural power connections and support the state's agricultural sector.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
Ranbir Kapoor has made a significant investment, purchasing 25.7 acres of land in Pune's scenic Mulshi taluka for over Rs 16.42 crore (Rs 164.2 million), underscoring a growing trend among celebrities to favour land banking for long-term real estate appreciation and development potential.
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.
Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.
Prime Minister Narendra Modi addressed his Japanese counterpart Sanae Takaichi as his 'younger sister' and hailed her as a 'visionary and popular leader' during a joint press meet, where both leaders unveiled initiatives to deepen bilateral cooperation and strengthen the India-Japan Special Strategic and Global Partnership.
Shubman Gill has affirmed that Virat Kohli and Rohit Sharma are indispensable to India's ODI team, highlighting their vast experience and skill.
Anjali Saikia's extraordinary act of breastfeeding an orphaned palm civet alongside her infant son in 2009 has been immortalised in a CBSE Class X English supplementary reader, 'Words and Expressions Part Two', inspiring students across India with a lesson on empathy and coexistence.
Yuvraj Singh used a 'Terminator' analogy to describe the evolution of fearless Indian batters, comparing himself, Abhishek Sharma, and teenage sensation Vaibhav Sooryavanshi to different versions of the iconic character. He expressed his desire to mentor Sooryavanshi, highlighting the youngster's potential and the changing landscape of cricket.
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.
Mercedes driver Kimi Antonelli needs a strong performance at the Belgian Grand Prix to extend his Formula One championship lead, which has shrunk to 25 points over teammate George Russell, as a resurgent Ferrari, with Lewis Hamilton and Charles Leclerc, poses a significant threat.
92 per cent of Indians claim to be happy in their relationships, yet 57 per cent suffer from deep loneliness.
92 per cent of Indians claim to be happy in their relationships, yet 57 per cent suffer from deep loneliness.
In a significant verdict, the Supreme Court on Friday said the mere absence of a train ticket on the body of a deceased passenger cannot be a ground to deny compensation to the victim's family in a railway-accident case.
'The order has no practical effect unless and until he chooses to enter Singapore.'
The RSS's annual Akhil Bharatiya Prant Pracharak Baithak in Belagavi addressed alleged irregularities in the counting of donation box offerings at the Shri Ram Temple in Ayodhya, expressing confidence in the ongoing SIT probe. The meeting also reviewed training activities, centenary year programmes, and discussed critical issues such as population imbalance and drug abuse.
