Month: June 2026

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Posted in Economy

Chenani-Nashri’s two-lane tube tunnel gets green light: Union Minister Jitendra Singh

Jammu: Union minister Jitendra Singh on Tuesday announced that a proposal to construct a new two-lane tube tunnel parallel to the existing Dr Syama Prasad…

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Posted in Economy

Indian employers turn cautious for July-September quarter amid global uncertainties: Report

New Delhi, Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as…

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GSK to acquire Nuvalent for $10.6B to boost cancer treatments (REUTERS)
Posted in Business

UK pharma giant GSK to buy US-based cancer drugmaker Nuvalent for $10.6 billion

GSK Plc agreed to buy Nuvalent Inc. in a deal valued at $10.6 billion, adding a biotech firm that’s developing treatments for lung cancer as…

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Vehicles drive past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California. (AFP)
Posted in Business

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX’s $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that…

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Speed is of the essence, as far as Apple’s next generation operating systems are concerned. (Official Image)
Posted in Business

Apple’s quiet evolution is all about speed, nifty upgrades and practicality

While Apple’s WWDC 26 keynote focussed on certain important evolutions, including the new Apple Intelligence suite and the Child Safety features, there must be a…

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While China has continued adding to its strategic petroleum reserves during the war, processors have increasingly relied on refinery-held inventories rather than fresh imports, according to Kpler. (Representational Photo/AFP)
Posted in Business

China’s oil imports plunge to eight-year low on war disruptions

China’s buying of oil from overseas slumped to the lowest in more than eight years last month, as the Iran war crimped supply and Beijing…

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Posted in Economy

India’s biggest trade bet comes with six red flags

India’s free trade agreement playbook is expanding rapidly, but a new report suggests the results are becoming harder to celebrate. As New Delhi pursues trade…

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Ather board to consider fresh fundraise on June 12
Posted in Startups

Ather board to consider fresh fundraise on June 12

Electric two-wheeler maker Ather Energy‘s board will meet on June 12 to consider raising fresh capital, the company said in an exchange filing. The fundraising…

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Paytm plans 10% staff increase in AI pivot, to lay off 400
Posted in Startups

Paytm plans 10% staff increase in AI pivot, to lay off 400

Fintech pioneer Paytm is set to hire about 4,000 people over the next nine months, part of a pivot aimed at expanding its merchant network…

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Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details
Posted in Startups

Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details

Quick commerce platform Zepto has disclosed in its updated draft red herring prospectus that cofounders Aadit Palicha and Kaivalya Vohra received a summons from the…

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