Fintech unicorn Pine Labs has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹2,600 crore through a fresh issue of equity shares, marking a significant step toward its much-anticipated public listing. 💼 IPO Structure and Key Investors The IPO comprises: The company may also consider…
Debt-laden infrastructure conglomerate Jaiprakash Associates Ltd (JAL) has received five resolution plans as part of its ongoing corporate insolvency process, with major players like Adani Enterprises, Vedanta, Jindal Power, Dalmia Bharat Cement, and PNC Infratech emerging as the top contenders. 🏗️ Bidding War for a Stressed Giant The bids, submitted with earnest money deposits, were…
The Uttar Pradesh government has launched a sweeping set of initiatives to strengthen its Micro, Small, and Medium Enterprises (MSME) ecosystem, positioning the sector as a key driver in its ambitious journey toward becoming a $1 trillion economy. The announcement came on International MSME Day, marked by a grand state-level event in Lucknow, where Chief…
The Central government has undertaken a comprehensive review of infrastructure projects worth over ₹75,800 crore stalled across Jharkhand and four Northeastern states—Assam, Arunachal Pradesh, Sikkim, and Nagaland—as part of its push to fast-track execution and boost regional development. 🏗️ High-Level Review Meeting Held The review was conducted on June 24 under the chairmanship of DPIIT…
In a major restructuring move, Unilever’s demerged ice cream business, now operating under The Magnum Ice Cream Company, is set to acquire a 61.9% stake in Kwality Wall’s (India) Ltd (KWIL) following the demerger of the ice cream division from Hindustan Unilever Ltd (HUL). 🍦 Key Highlights of the Acquisition 📈 Regulatory and Market Implications…
Shares of ABS Marine Services Ltd (NSE: ABSM) surged to a 2% upper circuit at ₹197.10 on Thursday after the company announced a major ₹178 crore Charter Party Agreement with Schlumberger Asia Services Ltd, a Hong Kong-based offshore services firm. 🚢 Deal Details: Offshore Vessel Charter According to regulatory filings, the agreement involves the charter…
In a landmark military reform, India has formally empowered the Chief of Defence Staff (CDS) to issue joint operational orders to the Army, Navy, and Air Force, marking a decisive step toward establishing Integrated Theatre Commands (ITCs) and enhancing national security coordination. 🔰 Unified Command: A Historic Shift The move, approved by Defence Minister Rajnath…
Karnataka Cooperation Minister K.N. Rajanna has stirred political waters by publicly acknowledging the rise of “many power centres” within the state’s ruling Congress party, a stark contrast to the centralized leadership seen during Chief Minister Siddaramaiah’s 2013–2018 tenure. “Siddaramaiah Not the Same as Before,” Says Rajanna Speaking to reporters on June 26, Rajanna remarked that…
The Congress party is grappling with internal dissent and public criticism following its defeat in the Ludhiana West Assembly bypoll, where AAP’s Sanjeev Arora triumphed over Congress candidate Bharat Bhushan Ashu by more than 10,000 votes. The loss has triggered a political storm, with senior leaders from within the party and rivals alike alleging collusion…
Italian Prime Minister Giorgia Meloni has called on U.S. President Donald Trump to apply the same decisive leadership that helped broker the Iran-Israel ceasefire to secure peace in Ukraine and Gaza. Her remarks came during the NATO Summit in The Hague on June 25, where leaders gathered to address escalating global conflicts and defense commitments….
Switzerland has entered diplomatic negotiations with the United States after a pricing dispute emerged over its $7.4 billion deal to procure 36 F-35A fighter jets from Lockheed Martin, raising concerns over cost overruns and contractual clarity. 🇨🇭 Fixed Price or Misunderstanding? Originally signed in 2022, the agreement was based on a fixed price of 6…
In the wake of the 12-day Iran-Israel conflict, all three major players—Iran, Israel, and the United States—have declared victory. But behind the political bravado lies a more sobering reality: each side suffered strategic, military, and diplomatic setbacks, raising questions about who truly emerged stronger—and who paid the highest price. 🇮🇱 Israel: Tactical Gains, Strategic Uncertainty…
In his first public remarks since the US-brokered ceasefire between Iran and Israel, Supreme Leader Ayatollah Ali Khamenei has issued a stern warning to Washington, declaring that Iran’s missile strike on the Al-Udeid Air Base in Qatar was a “heavy slap to the US’s face” and could be repeated if provoked. “We Can Strike Again,”…
As missiles rained down during the recent 12-day conflict between Israel and Iran, Indian workers in Israel found themselves at the heart of a warzone, navigating fear, uncertainty, and survival. From construction sites to student dorms, their stories paint a vivid picture of resilience under fire. “Sirens, Red Alerts, and Bunkers Became Routine” Basav Ram,…
The International Cricket Council (ICC) has rolled out a fresh set of playing condition changes across all formats, with a focus on speeding up gameplay, enhancing fairness, and tightening review protocols. While some rules are already in effect for the 2025–27 World Test Championship (WTC) cycle, others will be enforced from July 2, 2025, in…
Rising star Tanvi Sharma, a gold medalist at the Badminton Asia Women’s Team Championship, will spearhead a 19-member Indian contingent at the 2025 Badminton Asian Junior Championships, scheduled from July 18 to 27 in Solo, Indonesia. 🇮🇳 India’s Power-Packed Line-Up The squad features a blend of top-ranked juniors and emerging talent: 🏸 Event Format &…
Former Delhi Health Ministers Saurabh Bharadwaj and Satyendar Jain have been booked by the Anti-Corruption Branch (ACB) in connection with a massive ₹5,590 crore hospital infrastructure scam, marking a major blow to the Aam Aadmi Party (AAP)’s clean governance narrative. FIR Filed Over Delayed, Overpriced Projects The FIR, registered after approval from the Union Home…
Union Road Transport and Highways Minister Nitin Gadkari has categorically denied reports suggesting the imposition of toll tax on two-wheelers on national highways, calling them “misleading and baseless.” The clarification comes amid viral claims that toll charges would be levied on bikes and scooters starting July 15, 2025. “No Such Proposal Exists,” Says Gadkari Taking…
Assam Chief Minister Himanta Biswa Sarma’s wife, Riniki Bhuyan Sarma, has filed a ₹10 crore defamation case against Congress MP Gaurav Gogoi, not Mira Borthakur, over allegations related to a central government subsidy granted to her company under the PM Kisan Sampada Yojana. What Sparked the Legal Action? Gogoi had alleged that Riniki Bhuyan’s firm…
Indian entrepreneur Vasundhara Oswal, 26, has been exonerated by a Ugandan court after spending several weeks in detention over what her family calls a fabricated legal case. The court dismissed all charges after the complainant repeatedly failed to appear and provided no evidence or testimony to support the allegations. Background of the Case Oswal, executive…
A high-stakes real estate partnership has spiraled into a major financial scandal, with Mumbai-based developer Rohit Poddar accusing relatives of underworld figure Bhai Thakur of orchestrating a ₹30 crore fraud under the guise of a township project in Vasai-Virar. FIR Filed Against Viva Group Directors The Economic Offences Wing (EOW) of the Mumbai Police has…
In a major price drop, Samsung’s flagship Galaxy S24 Ultra is now available on Amazon India for just ₹84,550, down from its original launch price of ₹1,29,999—a flat discount of ₹45,449. This limited-time offer is part of Amazon’s ongoing summer sale and does not require any promo codes, bank offers, or exchange deals to avail…
Defence PSU Bharat Electronics Ltd (BEL) is back in the spotlight after Choice Broking revised its target price to ₹500, projecting an 18.48% upside from its current trading level of ₹407.60. The brokerage reaffirmed its ‘Buy’ rating, citing BEL’s strong order book, diversified portfolio, and long-term growth visibility. Key Drivers Behind the Bullish Outlook Strategic…
In a major development in the investigation into the Air India Flight AI-171 crash, the Aircraft Accident Investigation Bureau (AAIB) has successfully downloaded data from the aircraft’s black boxes, the Ministry of Civil Aviation confirmed on June 26. The probe is being led by AAIB Director General GVG Yugandhar, with support from a multidisciplinary team…
Manipur has once again underscored its reputation as a key contributor to India’s defence forces, with nine young officers from the state recently commissioned into the Indian Army, Indian Air Force, and Assam Rifles. The officers were felicitated on June 25 at a special ceremony hosted by the Assam Rifles at Mantripukhri Garrison, celebrating their…
Arunachal Pradesh Deputy Chief Minister Chowna Mein has called for the integration of traditional knowledge systems with modern healthcare services, emphasizing the need for a resilient, inclusive, and culturally grounded health framework for Himalayan communities. Speaking at the valedictory session of HIM Samwaad 2025, Mein highlighted the importance of preserving indigenous medicinal practices, which he…
Taiwanese electronics giant Foxconn has received regulatory approval from Taiwan’s Ministry of Economic Affairs (MOEA) to invest over $2.2 billion in India and the United States, marking a major step in its global diversification strategy amid ongoing US-China trade tensions. India: Strengthening Apple’s Supply Chain A significant portion—$1.49 billion—will be routed through Foxconn Singapore Pte…
India’s ongoing trade negotiations with the United States have hit a political and regulatory flashpoint over the import of genetically modified (GM) crops, with the Food Safety and Standards Authority of India (FSSAI) and RSS-affiliated groups at the center of the storm. US Push for GM Imports Sparks Domestic Backlash As part of a proposed…
Global icon Priyanka Chopra Jonas recently opened up about her daughter Malti Marie’s joyful experience on the sets of her upcoming action-comedy film Heads of State, calling it “an absolutely incredible time.” The actress shared heartwarming anecdotes during the film’s premiere, revealing how her three-year-old daughter became a regular presence on set throughout the shoot…
Actress and former Kingfisher Calendar model Esha Gupta has candidly addressed long-standing rumors about Vijay Mallya’s involvement with the models featured in his iconic swimsuit calendar. In a recent interview with Siddharth Kannan, Esha confirmed that Mallya “took a lot of interest” in the models but clarified that she was never part of his inner…
