Tata Steel is acquiring Martrade’s stake in their joint shipping venture for Rs 335 crore. This move ends a twenty-five-year partnership with the German logistics group. The company also committed Rs 33,873 crore for capacity expansion at Neelachal Ispat Nigam. This expansion will bolster its long products portfolio and branded retail offerings. Tata Steel reported
Streamer DeenTheGreat, whose real name is Nurideen Shabazz, is facing felony robbery and misdemeanor battery charges linked to an alleged yacht incident in Miami. If convicted, he could face up to 15 years in prison. His lawyer says prosecutors are expected to dismiss the case soon, but the charges remain active ahead of his August
Zepto is seeking Rs 1,000 crore in pre-IPO funding, delaying its public listing plans. The quick commerce startup is targeting a valuation of $4-4.5 billion for this investment round. This valuation is over 30% lower than its previous $7 billion valuation. Zepto aims to close this funding round within a couple of weeks. The company
The National Stock Exchange has settled past regulatory lapses with Sebi for Rs 1,491 crore. This settlement resolves issues related to co-location and dark-fibre cases involving former officials. Sebi has accepted revised settlement terms, demanding an additional payment from the exchange. The NSE had previously proposed settling these cases for a combined amount. This development
Amazon and Flipkart are reducing seller fees to attract more businesses. This strategy aims to boost sales volumes in smaller Indian cities and towns. Lower costs for sellers translate into more affordable products for consumers. The e-commerce giants are focusing on onboarding local sellers from tier two cities. This move is crucial for their continued
Cristiano Ronaldo’s journey is about much more than football. From growing up in poverty and leaving home at 12 to losing his father before achieving global success, every challenge shaped the player he became. His story reminds people that discipline, sacrifice and love for family can help overcome even the hardest moments and turn dreams
Salil Parekh led Infosys to double revenue and secure significant large deals. He focused on disciplined execution and a stable company culture. Infosys sees AI services as a substantial long-term growth opportunity. The company’s strong client relationships provide a natural advantage. Internal leaders were chosen for the next CEO role due to their extensive experience.
Formal retail credit penetration in India more than doubled over the past decade. Consumption-led lending, including personal loans, drove this significant growth. Credit access expanded to younger borrowers and women across India. Northern and central states saw increased credit activity, while western and southern regions moderated. This shift reflects credit being used for lifestyle rather
Rajya Sabha saw a political storm after Mallikarjun Kharge questioned Amit Shah’s absence and silence. He clarified his remarks meant people’s power for accountability, not physical force. Opposition MPs questioned the effectiveness of the new anti-paper leak bill. Several parties demanded the government scrap the NEET exam. The debate highlighted ongoing concerns about student protests
