SpaceX Accelerates IPO, Targets June 11 Nasdaq Pricing
SpaceX has moved up its IPO timeline, aiming to price shares on Nasdaq by June 11, according to sources. The accelerated schedule signals strong investor demand.
Category : Corporate News
Kerala Forest Officers Held for Rs 1 Lakh Bribe
A section forest officer and a deputy ranger in Kerala were caught red-handed by the Vigilance and Anti-Corruption Bureau for demanding and accepting a bribe of Rs 1 lakh to exempt individuals from a forest case.
India Imposes Windfall Tax on Petrol Exports, Cuts Diesel Levy
India has imposed a windfall tax on petrol exports while reducing the levy on diesel and aviation turbine fuel (ATF) in a move to balance domestic supply and global market conditions.
UAE to Store 30M Barrels in India's Strategic Reserve
India and UAE have agreed to store up to 30 million barrels of crude oil in India's strategic petroleum reserve, following PM Modi's visit to the UAE.
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Self-Reliance Crucial for National Security: Rajnath Singh
Defence Minister Rajnath Singh stressed Aatmanirbharta as critical for national security, launching projects including AMCA, naval systems, and drone city in Andhra Pradesh.
TNPDCL Auto-Debit for Electricity Bills via NACH
TNPDCL introduces auto-debit for low-tension consumers via NACH with Federal Bank. Consumers can register online; charges auto-debited on 10th day. Activists raise concerns.
CBI Raids Multiple Locations in Haryana Bank Fraud Case
CBI conducted raids across multiple locations in connection with the alleged Rs 590 crore bank fraud involving Haryana government departments, targeting officials and beneficiaries.
UK businessman held for cheating Jaaved Jaaferi of Rs 17.5 cr
The property cell of Mumbai crime branch arrested UK-based Nishit Patel for allegedly cheating actor Jaaved Jaaferi and his wife Habiba of Rs 17.5 crore via a redevelopment scheme.
Sidney Crosby and Kathy Leutner Net Worth 2026: $76M
Sidney Crosby and Kathy Leutner's combined net worth is estimated at $76 million in 2026. The Penguins captain's NHL earnings and endorsements plus Leutner's modeling career make them a top hockey power couple.
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India Imposes Windfall Tax on Petrol Exports, Cuts Diesel, ATF Levy
The Indian government has imposed a windfall tax on petrol exports while reducing the levy on diesel and aviation turbine fuel, aiming to balance domestic supply and global market fluctuations.
India-UAE Sign Energy, Defence MOUs; ADNOC Boosts Oil Reserves
India and the UAE signed pivotal MOUs in energy and defence, with ADNOC playing a larger role in maintaining India's strategic oil reserves, enhancing bilateral ties.
Chhattisgarh HC Rejects Anwar Dhebar's Bail in CSMCL Corruption Case
The Chhattisgarh High Court rejected businessman Anwar Dhebar's bail plea in a corruption case involving illegal commissions at CSMCL, citing deep-rooted corruption and economic offence severity.
Rupee hits record low of 96.14/USD, closes at 95.81
The Indian rupee weakened to an all-time low of 96.14 against the US dollar on Thursday, before settling at a fresh closing low of 95.81. The currency's decline was driven by strong dollar demand and global uncertainties.
Wipro Completes Olam's Mindsprint Acquisition
Wipro has finalized the acquisition of Mindsprint from Olam Group, enhancing its farm-to-fork capabilities and scaling Wipro Intelligence in the food and agri-business sector.
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Luxury Cars Occupy New Bengaluru Parking Lot
Bengaluru's new multi-level car parking in Gandhi Bazaar is being used by a luxury car showroom, leaving little space for the public. Authorities have ordered an inspection.
India's Labour Force Participation Dips Slightly in April
India's labour force participation rate fell marginally in April to 41.3% from 41.6% in March, while urban unemployment eased to 6.7% from 7.1%, according to CMIE data.
Tata Steel Q4 Net Profit Jumps 147% to Rs 2,965 Crore
Tata Steel reported a 147% jump in Q4 net profit to Rs 2,965 crore, driven by strong India operations. FY26 net profit tripled to Rs 10,885.82 crore. Board recommended Rs 4 dividend.
SEBI Simplifies PAN Process for FPIs to Ease Onboarding
SEBI has simplified the PAN application process for Foreign Portfolio Investors (FPIs) to address onboarding concerns. The new rules allow faster and easier registration, boosting foreign investment.
BMC Gets Only Two Bids for Worli Plot Auction
The BMC received only two bids for the auction of its Municipal Testing Laboratory plot in Worli, despite opposition demands to stay the auction. The base price is Rs 455 crore.
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Kolkata Palace Transforms Into Heritage Super-Speciality Hospital
A 200-year-old Grade-I heritage palace in Kolkata has been transformed into the Charnock Lohia Hospital, a 250-bed super-speciality facility, blending historic preservation with modern healthcare.
RBI Fines IIFL Finance Rs 3.10 Lakh for Violations
The Reserve Bank of India has levied a penalty of Rs 3.10 lakh on IIFL Finance Limited for non-compliance with regulatory directions, including KYC norms and loan recovery guidelines.
Sparkles Diamonds Ties Up with Lara Dutta for Diamond Line
Sparkles Diamonds collaborates with actress Lara Dutta Bhupathi to launch 'Arias', an exclusive lab-grown diamond jewellery collection, blending sustainability with elegance.
Standard Engineering Tech Reports Record FY26 Performance
Standard Engineering Technology Limited reports record FY26 results, expands global partnerships, and strengthens board for future growth.
Captain Polyplast Opens New Ahmedabad Manufacturing Plant
Captain Polyplast Limited has inaugurated a new manufacturing facility in Ahmedabad to boost production capacity and drive growth in the packaging industry.
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Amazon Ashray Wins Gig Worker Praise in Gurugram
Amazon's Ashray initiative provides rest stops for gig workers in Gurugram, earning appreciation from delivery partners across platforms for its facilities and support.
Grade A Office Rentals Jump Up to 20% in Q1 2026
Grade A office rentals in India have surged up to 20% in Q1 2026, driven by strong demand from Global Capability Centers (GCCs) expanding their footprint across major cities.
Kaveri University Launches Agritech Programmes with IBM
Kaveri University partners with IBM to launch next-gen agritech programmes, positioning agriculture as a future career path with focus on technology and innovation.
India's Exports Rise 13.78% to $43.56 Billion in April
India's exports grew 13.78% year-on-year to $43.56 billion in April 2025, driven by strong performance in engineering goods, petroleum products, and chemicals.
Akums Q4 FY26: Strong Top-Line and EBITDA Growth
Akums Drugs & Pharmaceuticals reported healthy Q4 FY26 results with strong top-line growth and EBITDA expansion. The board also recommended a dividend for shareholders.
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India-UAE MoU for Strategic Petroleum Reserves Signed
India and the UAE signed a landmark MoU for strategic petroleum reserves, enhancing energy security amid US-Iran tensions. The agreement allows UAE to store crude in Indian facilities, ensuring supply stability.
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