Paytm founder and CEO Vijay Shekhar Sharma recently took to social media to share a bizarre exchange with a scammer who attempted to impersonate him. In a post titled “Impersonating Myself to Me,” Sharma revealed a series of WhatsApp messages where the fraudster introduced himself as Vijay Shekhar Sharma and asked the real CEO to…
Colgate-Palmolive (India) Ltd. has reported a 6.5% year-on-year decline in net profit, totaling ₹355 crore for Q4 FY25. Despite the dip, the results aligned with analyst expectations, reflecting stable operational performance amid market challenges. Key Financial Highlights Market Reaction & Investor Sentiment Despite the profit decline, Colgate-Palmolive’s stock closed 1.16% higher at ₹2,660 on the…
EIH Ltd., the flagship company of The Oberoi Group, has posted a 6% year-on-year (YoY) increase in net profit, reaching ₹262 crore in Q4 FY25. The hospitality major also announced a final dividend of ₹1.5 per equity share, marking another strong quarter for the company. Key Financial Highlights Strategic Expansion & Growth Plans EIH Ltd….
Hindustan Zinc Limited (HZL), a Vedanta Group company, has won the bid for the Balepalyam tungsten block, spanning 308.3 hectares in Ananthapuram district, Andhra Pradesh. The company received a Letter of Intent (LoI) from the Government of Andhra Pradesh, granting it a composite licence under the Mineral Auction Rules, 2015. Strategic Importance of the Tungsten…
Indian Renewable Energy Development Agency (IREDA) has initiated legal proceedings against Gensol Engineering Ltd. and its subsidiary Gensol EV Lease Pvt Ltd., seeking to recover ₹729 crore in outstanding dues. The state-run lender has filed an original application with the Debt Recovery Tribunal (DRT) Delhi under the Recovery of Debts and Bankruptcy Act, 1993. Key…
NTPC Green Energy Ltd., the renewable energy arm of NTPC, has reported stellar Q4 FY25 results, with net profit surging 188% year-on-year to ₹233.21 crore. Despite the strong financial performance, the stock continues to trade below its IPO price of ₹108, reflecting market volatility and investor sentiment. Key Financial Highlights Market Reaction & Investor Sentiment…
Veteran investor Radhakishan Damani has re-entered Astra Microwave Products Ltd., participating in the company’s latest ₹174-crore fundraise via convertible warrants. Key Investment Details Astra Microwave’s Growth Outlook The renewed investor interest comes as Astra Microwave projects 15–20% revenue growth in FY26, backed by a strong order book of ₹2,332 crore as of December 2024. The…
Piccadily Agro Industries Ltd. has posted an 8% year-on-year (YoY) revenue growth in Q4 FY25, driven by strong performance in its premium spirits segment. Despite the positive financial results, the company’s stock plunged 10%, hitting its lower price band of ₹542.10. Key Financial Highlights Stock Market Reaction & Investor Sentiment Despite the strong financial performance,…
Power Finance Corporation (PFC) has officially classified its loan exposure to Gensol Engineering Ltd. as fraud, following preliminary findings. The state-run lender has fully provisioned for the loan amount and is considering legal recovery options, including approaching the National Company Law Tribunal (NCLT) if other methods fall short. Key Developments & Financial Impact Legal &…
Silicon Valley technologist and entrepreneur Aarthi Ramamurthy has officially launched her venture capital firm, Schema Ventures, with an initial fund of $20 million. The firm aims to back early-stage startups founded by exceptional outsider entrepreneurs, focusing on industrial software, robotics, workflow intelligence, and developer tools. Schema Ventures: A Vision for Outsider Founders Ramamurthy, who has…
IndusInd Bank Ltd., one of India’s leading private lenders, is facing scrutiny after uncovering a ₹173 crore accounting fraud in its microfinance portfolio. The bank suspects staff involvement in the irregularities, which were identified through an internal audit and an external investigation. Key Findings & Financial Impact Market Reaction & Stock Performance Following the disclosure,…
Trident Ltd., a leading manufacturer of textiles, yarn, paper, and chemicals, has reported a remarkable surge in net profit for the fourth quarter of FY25. The company’s net profit more than doubled to ₹133.2 crore, compared to ₹56.6 crore in the same quarter last year. Key Financial Highlights Stock Market Reaction & Dividend Announcement Following…
Luxury hospitality brand The Leela Hotels, operated by Schloss Bangalore Ltd, has announced the price band for its much-anticipated Initial Public Offering (IPO). The IPO price range has been set between ₹413 and ₹435 per share, with the subscription window opening on May 26, 2025, and closing on May 28, 2025. IPO Structure and Fund…
Tripura Chief Minister Manik Saha has inaugurated the Civil Service Officers’ Institute (CSOI) in Agartala, marking a significant step toward enhancing administrative infrastructure and support for civil service officials. Strengthening Governance & Bureaucratic Efficiency Speaking at the event, CM Saha emphasized the crucial role of civil service officers in implementing government policies. He recalled Sardar…
In a historic moment for wildlife conservation, Tripura’s Sepahijala Zoo has welcomed the birth of three tiger cubs, marking the first such event in the zoo’s 53-year history. The arrival of these cubs has increased the zoo’s tiger population to five, bringing joy to wildlife enthusiasts and conservationists alike. A Milestone for Sepahijala Zoo The…
In a powerful display of patriotism, thousands of citizens in Assam participated in a massive Tiranga Yatra, expressing unwavering support for the Indian Armed Forces. The rally, organized in response to Operation Sindoor, saw participants waving the Tricolor, chanting slogans, and honoring the bravery of Indian soldiers. A Tribute to the Armed Forces The Tiranga…
Assam Chief Minister Himanta Biswa Sarma has confirmed the arrest of 71 individuals across the state for alleged anti-national activities, following the Pahalgam terror attack. The crackdown comes amid heightened security concerns and strict monitoring of digital platforms. Why Were These Arrests Made? According to Assam Police, the individuals were detained for allegedly supporting Pakistan…
In a major crackdown on anti-national activities, Assam Police have arrested 71 individuals across the state in connection with the Pahalgam terror attack. Chief Minister Himanta Biswa Sarma confirmed the arrests, emphasizing that authorities are strictly monitoring digital spaces to curb extremist narratives. Why Were These Arrests Made? The arrests stem from alleged pro-Pakistan slogans…
India’s manufacturing sector is emerging as a key global investment hub, with S&P Global highlighting its growing competitiveness and strategic positioning in the global supply chain. India’s Manufacturing Boom According to S&P Global’s latest report, India Forward: Transformative Perspectives, India is making notable progress in attracting foreign investments, driven by: Economic Growth & Global Integration…
In a dramatic turn of events, the Indian government has revoked security clearance for Turkey’s Çelebi Airport Services, forcing the company to halt operations across major Indian airports. The move has wiped out nearly $200 million in market capitalization, sending shockwaves through the aviation industry. Why Was Çelebi Ousted? The government cited national security concerns…
Congress leader Rahul Gandhi has escalated his criticism of External Affairs Minister S. Jaishankar, questioning the government’s handling of Operation Sindoor and the alleged loss of Indian aircraft due to prior warnings given to Pakistan. Rahul Gandhi’s Allegations Taking to X (formerly Twitter), Gandhi reiterated his concerns, stating, “EAM Jaishankar’s silence isn’t just telling —…
As the Rekha Gupta-led BJP government in Delhi completes three months in office, the debate intensifies—has the double-engine governance model accelerated development, or is it facing hurdles? Achievements in the First 100 Days Since assuming office on February 20, 2025, the BJP government has focused on infrastructure, education, and welfare programs. Key initiatives include: Challenges…
Israeli Prime Minister Benjamin Netanyahu has indicated that Israel is open to ending hostilities in Gaza, provided that Hamas fulfills three specific conditions. The announcement comes amid intensified Israeli airstrikes and ongoing negotiations in Doha. Netanyahu’s Three Conditions for Ceasefire According to a statement from the Prime Minister’s Office, Israel will consider halting military operations…
Ukraine’s military intelligence agency (GUR) has claimed that Russia is preparing to launch an RS-24 Yars intercontinental ballistic missile, a move allegedly aimed at intimidating Ukraine, the European Union, and NATO member states. Russia’s Missile Launch: A Show of Strength? According to GUR, the missile will be launched from Russia’s Sverdlovsk region, with a flight…
Apple is set to begin exporting Made-in-India iPhone 17 models to the United States, marking a significant milestone in its global manufacturing strategy. Despite former US President Donald Trump’s objections, Apple’s Foxconn facility in Bengaluru is gearing up to ship iPhones to the US market starting June 2025. Apple’s Expansion in India Apple has been…
Congress leader Rahul Gandhi has escalated his criticism of External Affairs Minister S. Jaishankar, questioning the government’s handling of Operation Sindoor and the alleged loss of Indian aircraft due to prior warnings given to Pakistan. Rahul Gandhi’s Allegations Taking to X (formerly Twitter), Gandhi reiterated his concerns, stating, “EAM Jaishankar’s silence isn’t just telling —…
Japanese automaker Nissan is reportedly evaluating plans to halt production in India, as part of a broader cost-cutting and restructuring strategy. While Tata Motors and Mahindra & Mahindra remain unaffected, Nissan’s Oragadam plant in Tamil Nadu, which manufactures the Magnite SUV, is under review. Why Is Nissan Considering an Exit? Nissan is undergoing a global…
The Indian Computer Emergency Response Team (CERT-In) has issued a high-severity security warning for Google Chrome users, urging them to update their browsers immediately. The advisory highlights multiple critical vulnerabilities that could allow hackers to remotely execute code, potentially compromising user data and system integrity. What Are the Security Risks? CERT-In warns that older versions…
OnePlus has officially announced the launch of its latest compact flagship, the OnePlus 13s, scheduled for June 5, 2025. The smartphone, powered by Qualcomm’s Snapdragon 8 Elite chipset, promises top-tier performance, AI capabilities, and enhanced thermal management. Key Features & Specifications Pricing & Availability The OnePlus 13s will be available in three color options—Black Velvet,…
Microsoft is spearheading a new era of AI agent collaboration, aiming to create a more connected and intelligent ecosystem where AI systems from different companies can seamlessly interact and retain memory of past tasks. AI Agents That Work Together Ahead of the Build 2025 developer conference, Microsoft’s Chief Technology Officer Kevin Scott emphasized the company’s…
Veteran actress and Bigg Boss 18 contestant Shilpa Shirodkar has tested positive for COVID-19, sparking concern among fans. The actress shared the news on Instagram, urging everyone to stay safe and wear masks. Shilpa Shirodkar’s Health Update Shirodkar, known for her roles in Khuda Gawah and Gopi Kishan, revealed her diagnosis on May 19, 2025,…
The U.S. Food and Drug Administration (FDA) has approved the first-ever blood test for diagnosing Alzheimer’s disease, marking a significant advancement in early detection and treatment accessibility. How the Blood Test Works Developed by Fujirebio Diagnostics, the test measures the ratio of two key proteins—amyloid and tau—which are associated with the presence of amyloid plaques…
A fresh wave of COVID-19 infections is sweeping across Asia, with the JN.1 variant emerging as a key driver behind the surge. Countries like India, China, Singapore, and Thailand are witnessing a sharp rise in cases, prompting health authorities to ramp up preventive measures. What is the JN.1 Variant? The JN.1 variant, a sub-lineage of…
Tamil superstar Suriya has once again won hearts with his generosity, donating ₹10 crore from the profits of his latest blockbuster ‘Retro’ to the Agaram Foundation, an initiative dedicated to supporting students’ education. A Gesture of Gratitude Speaking at a thanksgiving event, Suriya expressed his joy in giving back to the community that has supported…
Bollywood actress Palak Tiwari has fiercely defended her rumoured boyfriend Ibrahim Ali Khan after a Pakistani critic mocked his appearance, particularly targeting his nose. The controversy erupted following Ibrahim’s debut in Nadaaniyaan, which led to intense online trolling. Palak Tiwari Speaks Out Against Body-Shaming During an interview on Nayandeep Rakshit’s podcast, Palak addressed the issue,…
Bollywood actors Ananya Panday and Ishaan Khatter, along with singer-songwriter Anuv Jain, have been featured in the prestigious Forbes 30 Under 30 Asia 2025 list. The annual list recognizes young achievers across various fields, celebrating their contributions to entertainment, sports, technology, and social impact. Ananya Panday: Bollywood Star & Global Icon At just 26 years…
Delhi Capitals’ wicketkeeper-batter Abishek Porel remains optimistic about his team’s playoff chances despite their recent 10-wicket defeat against Gujarat Titans. Speaking at the post-match press conference, Porel emphasized that DC can still secure a playoff spot if they win their remaining two matches against Mumbai Indians and Punjab Kings. DC’s Playoff Equation With Gujarat Titans,…
In a thrilling IPL 2025 showdown at the Arun Jaitley Stadium, Gujarat Titans’ opening duo B Sai Sudharsan and Shubman Gill showcased the power of classical strokeplay, dismantling Delhi Capitals with a record-breaking 10-wicket victory. Their unbeaten partnership of 205 runs not only secured GT’s place in the playoffs but also reaffirmed that conventional cricketing…
Kerala’s football enthusiasts can rejoice as Sports Minister V. Abdurahiman has reaffirmed that Lionel Messi and the Argentina national football team will visit the state later this year. Dismissing speculation, the minister assured that there is “no room for doubt” regarding the much-anticipated event. Messi’s Visit: A Historic Moment for Kerala Football Messi, the 2022…
IndusInd Bank has confirmed accounting irregularities totaling ₹1,269 crore, following an internal audit that uncovered discrepancies in interest income and asset balances. The revelation has triggered regulatory scrutiny, investor concerns, and leadership changes within the bank. Timeline of the Fallout Regulatory and Market Impact Conclusion IndusInd Bank’s accounting discrepancies have raised serious concerns about internal…
Kalpataru Projects International Ltd (KPIL) has reported a 37% year-on-year increase in consolidated net profit for Q4 FY25, reaching ₹225.4 crore, up from ₹164.3 crore in the same period last year. The company’s strong execution across segments contributed to the impressive financial performance. Financial Highlights CEO’s Statement KPIL MD & CEO Manish Mohnot expressed confidence…
The International Monetary Fund (IMF) has approved bailout packages for Pakistan and Bangladesh, aimed at stabilizing their economies amid mounting external debt and currency crises. While Pakistan has secured $1 billion, Bangladesh is set to receive $1.3 billion in June, following the fourth review of its $4.7 billion loan program. When Does the IMF Provide…
Former U.S. President Donald Trump has introduced the ‘One Big Beautiful Bill’, a sweeping fiscal proposal that includes a 5% tax on remittances sent by non-U.S. citizens, a move that could significantly impact India’s economy. Impact on Indian Remittances India is the largest recipient of U.S. remittances, with $32 billion sent from the U.S. in…
The Reserve Bank of India (RBI) is expected to transfer a record surplus dividend of ₹2.7 lakh crore to ₹3 lakh crore to the central government in FY26, marking a nearly 50% year-on-year increase. Key Drivers Behind the Surplus Surge According to a report by Front Wave Research, the sharp rise in surplus transfer is…
Sajjan Jindal Family Trust, a promoter entity of JSW Infrastructure, has divested 2% of its stake in the company for ₹1,210 crore through an open market transaction. The move was made to comply with the Securities and Exchange Board of India (SEBI)’s minimum public shareholding norms. Transaction Details Compliance with SEBI Regulations As per SEBI’s…
Union Minister Jyotiraditya Scindia has praised Arunachal Pradesh’s rapid development, projecting an investment boost of Rs 1 lakh crore as part of the Rising Northeast Investors Summit 2025. The initiative aims to accelerate infrastructure growth, enhance connectivity, and strengthen economic opportunities in the region. Arunachal’s Path to ‘Viksit Bharat’ Speaking at the Arunachal Pradesh Legislators…
The Tripura government has received assurance from the Centre to boost milk and fish production, aiming to double the income of those engaged in dairy farming, animal husbandry, and pisciculture. Government’s Strategic Plan Union Minister Rajiv Ranjan Singh, during the inauguration of a 40,000-litre milk processing unit in West Tripura, emphasized the state’s potential in…
The Tripura government has taken a significant step toward digital transformation, integrating Artificial Intelligence (AI) into its administrative processes to enhance transparency, efficiency, and public service delivery. AI Integration in Governance Tripura has launched AI-driven initiatives such as e-Office, e-Cabinet, and the Beneficiary Management System (BMS) to streamline operations and improve data-driven decision-making. The state…
Arunachal Pradesh has inaugurated a new entry gate at Kimin, aimed at enhancing Inner Line Permit (ILP) verification and streamlining security measures for visitors entering the state. The initiative follows public demands for better ILP enforcement, ensuring transparency and efficiency in the permit system. Relocation of ILP Check Gate The decision to shift the ILP…
Bollywood actress Huma Qureshi has revealed that a casting director urged her to take on younger roles, following her critically acclaimed performances in Maharani and Tarla. The actress, known for her versatile portrayals, dismissed the suggestion, questioning why women in the industry are expected to look younger to secure roles. Huma Qureshi’s Stand Against Ageism…