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3 Min Read

onJune 13, 2026

Tata Trusts CEO Addresses “Chaos” Allegations and Outlines ₹1,600 Crore Philanthropic Expenditure for FY26

Facing ongoing scrutiny regarding governance and historical share transactions, Chief Executive Officer Siddharth Sharma shared a LinkedIn…

Business

2 Min Read

Coal Minister Reddy raises concerns over 4 million tonnes of missing coal; calls for immediate investigation into SCCL.

Sid

onJune 13, 2026

Coal Minister Reddy raises concerns over 4 million tonnes of missing coal; calls for immediate investigation into SCCL.

Union Coal Minister G Kishan Reddy has reached out to the Telangana government regarding reports that 40 lakh tonnes of coal, valued at…

Business

2 Min Read

Ranchi Airport Achieves ₹87.56 Crore Net Profit in FY 2025-26 with Passenger Traffic Reaching 2.7 Million

Sid

onJune 13, 2026

Ranchi Airport Achieves ₹87.56 Crore Net Profit in FY 2025-26 with Passenger Traffic Reaching 2.7 Million

The Birsa Munda Airport in Ranchi reported a net profit of ₹87.56 crore for the financial year 2025-26, with passenger traffic reaching 27…

Business

2 Min Read

India Inc's Cash Reserves Exceed $200 Billion in FY26 as Firms Delay Growth Initiatives

Sid

onJune 13, 2026

India Inc’s Cash Reserves Exceed $200 Billion in FY26 as Firms Delay Growth Initiatives

India Inc’s cash reserves have increased by nearly 12%, surpassing the $200 billion threshold in FY26. This growth has been supported by…

Business

2 Min Read

Razorpay's IPO: Fintech Firm Likely to Submit DRHP Next Week, According to Sources

Sid

onJune 13, 2026

Razorpay’s IPO: Fintech Firm Likely to Submit DRHP Next Week, According to Sources

Razorpay, the Bengaluru-based financial solutions firm, is preparing for its Initial Public Offering (IPO) and an anticipated debut on Dalal…

Business

2 Min Read

Ather Energy's board greenlights ₹2,500 crore fundraising through QIP, rights offerings, and FCCBs.

Sid

onJune 12, 2026

Ather Energy’s board greenlights ₹2,500 crore fundraising through QIP, rights offerings, and FCCBs.

Electric two-wheeler manufacturer Ather Energy Ltd announced on Friday (June 12) that it has approved plans to raise as much as ₹2,500 crore…

Business

3 Min Read

Gulf Oil anticipates exceeding the growth rate of the lubricant sector in FY27.

Sid

onJune 12, 2026

Traders and Shippers Claim Gulf Oil Export Losses Are Much Lower Than Previously Estimated

Following the onset of the Iran war and Tehran’s declaration that the Strait of Hormuz was “closed,” the market has struggled to…

Business

2 Min Read

RBL Bank names Bhavin Lakhpatwala as CFO, succeeding interim CFO Deepak Ruiya.

Sid

onJune 12, 2026

RBL Bank names Bhavin Lakhpatwala as CFO, succeeding interim CFO Deepak Ruiya.

Private sector lender RBL Bank Ltd announced on Friday (June 12) the approval of Bhavin Lakhpatwala as its Chief Financial Officer (CFO) and…

Business

2 Min Read

RBI's Forex Initiatives Could Attract $40 to $50 Billion in FY27, Enhance FCNR(B) Deposits, Fortify the Rupee, and Improve Banking Liquidity, According to Motilal Oswal Financial Services

Sid

onJune 12, 2026

RBI’s Forex Initiatives Could Attract $40 to $50 Billion in FY27, Enhance FCNR(B) Deposits, Fortify the Rupee, and Improve Banking Liquidity, According to Motilal Oswal Financial Services

The recent initiatives by the Reserve Bank of India to enhance foreign currency inflows are projected to yield $40–50 billion in inflows for…

Business

1 Min Read

UK Economy Contracted in April Due to Effects of the Iran Conflict on Growth

Sid

onJune 12, 2026

UK Economy Contracted in April Due to Effects of the Iran Conflict on Growth

Britain’s strong momentum to start the year waned in April as the effects of the Middle East situation began to impact the economy. The Office…