Dixon Technologies India's joint venture with HKC Overseas has been approved by the government to manufacture display modules in India. The news has led to a 6% increase in share price and Nomura predicts a potential upside of 50%. The venture is expected to boost margins and value addition for Dixon through significant investment and production.
Zoho, founded by Sridhar Vembu, has reported a 17.8% growth in revenue, reaching Rs 12,313 crore in FY25. Despite this, the company's profit remained flat due to increased expenses. Zoho's main sources of income are its IT management and business application software, with Zoho Suite contributing 57% of its revenue. North America is its largest market.
Premier Energies, a leading solar module manufacturer in India, has received orders worth Rs 2,577 crore for 1,600 MW of solar cells and modules. The contracts were awarded by top domestic companies, indicating trust in the company's manufacturing and execution abilities. The company's order book is growing, with plans to increase cell capacity to 10.6 GW by September 2026.
Dalal Street sees sharp turn with Sensex and Nifty slipping into red, major losses seen in key stocks and sectors. Investor sentiment turns cautious due to ceasefire disruption and global uncertainties. Profit booking after previous session's strong rally, rise in crude oil prices, weak global market cues, and increase in market volatility also contribute to the fall.
Young couple stranded in remote village panics as husband has work deadline, but students with high-end laptops save the day. Tamil Nadu Chief Minister promotes free laptop scheme for students. In another ad, a family laments about rising costs and urges people to think before voting. Parties in Tamil Nadu, West Bengal, Assam, Kerala, and Puducherry spending heavily on digital ads.
India's High Commissioner to Bangladesh, Pranay Verma, met with PM Tarique Rahman's defense advisor to improve defense cooperation after strained relations. Talks focused on shared security challenges and the need for sustained development in ties.
Ola Electric's share price rose by 16% for the second consecutive day, despite a market downturn. The timing of this increase is significant as the market was facing uncertainty. The main reason for this surge is the company's announcement of its new, larger and more efficient LFP cell. Ola Electric is also making strides in its manufacturing, with plans to implement this battery in its vehicles.
A video of a disgruntled employee setting a warehouse on fire in Ontario has gone viral. The suspect, identified as Chamel Abdulkarim, expresses frustration over low wages while destroying the warehouse's contents. He has been arrested and charged with multiple felonies, while 140 personnel helped extinguish the fire. The company, Kimberly-Clark, assures no supply disruptions.
Nava, a cloud infrastructure startup, has raised $22 million in a Series A funding round led by Greenoaks. The company plans to use this capital to build a full-stack neo-cloud platform for AI workloads, expand its presence in Southeast Asia, and hire specialized talent.
A 90-year-old man has approached the Bombay High Court to seek permission to adopt a 43-year-old man who has been his caregiver for years. The man, Dr Bomsi Wadia, is unmarried and has no close relatives. The court has asked for responses from the government on the legality of adult adoption, which is not currently allowed in India.
Nomura's report on Kaynes and Dixon Technologies reveals five crucial factors that will impact their Q4FY26 performance. While Kaynes is expected to see significant growth due to strong execution, Dixon may face challenges due to weak mobile demand and margin compression.
Kerala bride Akhila prioritizes her civic duty by casting her vote in bridal attire before her wedding, setting an example for the state's vibrant democratic culture. With a strong early turnout of 16.23%, the high-stakes Kerala Assembly elections see prominent figures like Chief Minister Pinarayi Vijayan and Opposition Leader VD Satheesan casting their votes.
BJP MP Mansukh Vasava has voiced concerns over the party's rigid selection criteria for Gujarat local body elections, stating that it may lead to disloyalty among grassroots workers. The state BJP has defended the rules, but Vasava's remarks suggest it could harm the party's chances.
Voting has started for crucial assembly elections in Assam, Kerala, and Puducherry, with strict precautions in place for a fair process. Tamil Nadu and West Bengal will vote on different dates. Voters are urged to check their names on the voter list through the Election Commission's website or SMS, and report any errors to the Electoral Registration Office for corrections or inclusion.
David Miller, the "Killer Miller" of the IPL, has been a consistent finisher for 10 years. But recent matches prove that even experienced players can struggle under pressure. His three notable failures, including a run out and being caught in the T20 World Cup Final, serve as a reminder that even the best can have bad days.
Tata Consultancy Services (TCS) to announce Q4FY26 results today, with investors anticipating a final dividend. Recent filing hints at a possible dividend declaration, boosting shareholder expectations. TCS has a history of rewarding shareholders, with multiple interim dividends declared in the past year. Attention also on Anthropic's new model, Mythos, and the rupee's impact.
Lalit Modi, the founder of Indian Premier League, criticizes its current format due to financial issues and contract failures by BCCI. He reveals his revenue model and how IPL was meant to be an independent company, but BCCI took control. The league's expansion has also caused conflicts with international cricket calendar, making it difficult for boards to retain players.
Nigam Bhatt, an Indian man living in New Jersey, was arrested for an alleged gold scam targeting the elderly. He is accused of extorting thousands of dollars in gold from a victim and was identified by the Tangipahoa Parish Sheriff's Office. Bhatt's arrest was part of an investigation into a gold scam operation.
ITC Hotels' share price will be in focus as US-based GQG Partners Equity Fund sold a stake worth Rs 197 crore in a block deal. The buyers' identities were not revealed. ITC Hotels was listed separately from ITC Ltd in 2025. The stock has shown a 5.5% increase in the last five trading sessions but has dropped by 7% in the past month.
The government has implemented a 25% reduction in airport charges for domestic flights for three months to alleviate the financial burden on airlines due to the Iran war. This also includes a decrease in landing and parking fees at major and non-major airports, estimated to save airlines around ₹400 crore.
The White House confirms that President Trump is considering a US exit from NATO due to the alliance's failure to support the US in Iran attacks. Trump plans to discuss the matter with NATO chief Rutte, who understands his disappointment. Rutte described the meeting as an open discussion between friends and says that Trump is disappointed but understands
India is making efforts to bring back stranded Indian-flagged vessels from the Persian Gulf after a ceasefire was announced by the US, Israel and Iran. The government is coordinating with ministries and global stakeholders to restore shipping movement and ensure uninterrupted flow of commerce through the Strait of Hormuz.
India's legal sector has embraced artificial intelligence for tasks like case summaries and translations, but misuse has caused concern. The Supreme Court has deemed it misconduct and lawyers must verify sources. Despite this, AI can still aid efficient and accessible justice in India if used responsibly and verified properly.
The Middle East events have exposed the vulnerability of the cloud, which is not equipped to handle large-scale disasters. Availability zones are not sufficient for such events, highlighting the need for disaster recovery as a service and a dedicated disaster recovery security operations centre. This multi-cloud approach ensures business continuity, data security, and minimal downtime.
The World Bank has raised India's FY27 growth forecast to 6.6% due to strong domestic demand and export resilience. However, potential risks from the conflict in West Asia and global energy prices remain. The Bank also mentions the benefits of recent free trade deals with the UK and EU, but cautions about uncertainty and increasing input costs leading to a moderation in growth.
The Cabinet has approved a subsidy of Rs 41,533 crore for non-urea fertilisers for the kharif 2026-27 season, ensuring stable prices despite global fluctuations. The government has also considered recent trends for price rationalization and to prevent any shortage of fertilisers in the country.
Lalit Modi, creator of the IPL, criticizes Congress and Shashi Tharoor, alleging political persecution. He faced obstacles in building the IPL and blames jealousy from the cricket world. The feud between Modi and Tharoor stems from the 2010 IPL scandal, resulting in Modi's ban from BCCI. Legal battles continue.
BMW Group India has become the leader in luxury EV market share by selling one in four electric vehicles, with a 17% growth in Q1 car sales and 83% growth in EV sales. The success is credited to their six EV models and over 6,000 charging points across the country. Audi has halted EV sales due to high demand, while Mercedes-Benz is launching their most affordable EV, the CLA.
MoSPI to use mixed approach for DDP estimates, combining top-down and bottom-up methods. 26 states and UTs use top-down approach, but uniform guidelines needed for comparability. Bottom-up approach more accurate but requires reliable data. DDP crucial for regional HDI, can be estimated through two conceptual approaches - income originating.
Despite a decrease in global crude prices and the reopening of the Strait of Hormuz, India's crude oil supply chain is still facing challenges. Tanker congestion, high freight costs, and disrupted Gulf production are expected to cause delays and elevated costs for Indian refiners for months to come.
BMW India had a successful first quarter, with a 17% increase in sales due to the popularity of electric vehicles, which make up 26% of their sales. Government incentives and lower taxes have played a role in this growth. SUVs remain the top-selling category, with a quarter of cars priced over Rs 1 crore.
The US-Iran ceasefire deal is tenuous due to lack of trust between the two sides. The Strait of Hormuz is a key aspect of the agreement, giving Iran control and the ability to disrupt global oil supplies. The war has given Iran a more usable weapon than nuclear weapons. While the ceasefire has lowered global fuel prices, Iran's demands for lifted sanctions and compensation may complicate matters.
Domestic airlines are hesitant to resume flights over Iran due to concerns of escalation, despite easing tensions. Alternative routes are being used, but full operations depend on stability and passenger demand. The government is closely monitoring and has allowed limited connectivity between the Middle East and India.
Swissport, a leading aviation services provider, is targeting India as a major growth market for passenger handling and air cargo. With a strong presence in 300 airports across 45 countries, the company sees India as a strategic priority in the Asia-Pacific region due to its thriving domestic air travel and increasing demand for specialized cargo services.
Billionaires are seeking more than just luxury when it comes to traveling. They are now looking for unique and exclusive experiences, with cold zones being the epitome of opulence. These regions with extremely low temperatures offer a winter retreat for the ultra-wealthy, with destinations like St. Moritz and Aspen being top choices.
India will receive its first oil tanker from Iran in 7 years as US sanctions are temporarily lifted. The Indian Oil Corp bought the cargo on a Curaçao-flagged vessel heading to the east coast, while another carrier is signaling India as the discharge location. The US-Israel war has disrupted India's oil supply. RBI projects crude oil price at $85 per barrel and rupee at 94 per dollar in FY27.
The stock market on Dalal Street had a strong day, with Sensex rising by 2,900 points and Nifty surpassing the 24,000 mark. This was driven by positive global sentiment after the US-Iran ceasefire and a decrease in crude oil prices. However, not all stocks saw gains, as nine Nifty stocks, including Coal India, traded in the red.
Nomura maintains 'Buy' ratings on top Indian banks, including HDFC, Axis, Kotak Mahindra, IndusInd, IDFC First, and Bank of Baroda. While deposits have surged, the brokerage cautions against sustainability and sees it as a year-end push. Nonetheless, Nomura is optimistic about certain banks with stable balance sheets and visible growth. The report emphasizes strong loan growth.
Governor Sanjay Malhotra confirmed that HDFC Bank passed the RBI's inspection with no governance or conduct issues. He praised the bank's financial stability and capable management. The RBI plans to update bank board guidelines to prioritize policy matters. In light of the West Asia conflict, the central bank has decided to maintain interest rates.
Southern Railway has announced special trains under the “Trains on Demand” category to manage the surge in passenger traffic during the Vishu Festival. These include Chennai–Mangaluru Special Trains, One-Way Chennai–Mangaluru Service, and Mangaluru – Thiruvananthapuram Specials.
In the tense hours before a possible escalation that President Donald Trump warned could “wipe out” an entire civilisation, it wasn’t just Pakistan’s mediation that made the difference.
Tensions between TMC and ECI escalate as delegation meeting ends acrimoniously. TMC accuses CEC of abrupt ending, ECI denies claims of shouting and indiscipline. Rifts over electoral roll revisions and official neutrality highlighted as state's assembly elections approach. Mamata Banerjee expresses concern over deleted names in voter roll, threatens legal action if necessary.
Dalal Street celebrates as markets rally following US-Iran ceasefire announcement for 2 weeks. RBI keeps interest rates on hold, bringing relief to investors. Banking, auto, and real estate stocks surge, with Nifty Bank index up 5% and Nifty Auto index up 7%. RBI's rate pause provides clarity to investors, but caution remains due to global risks.
A shooting involving ICE occurred in Patterson, California, with dashcam footage showing three agents surrounding a black vehicle after a collision. The suspect, an 18th Street Gang member wanted for questioning in connection to a murder in El Salvador, was taken to the hospital. ICE officers fired defensive shots in self-defense. The FBI is investigating and updates will be provided.
The Bamankhi Junction Railway Station in Bihar has undergone a major transformation under the Amrit Bharat Station Scheme, launched by Indian Railways. The upgrades include a new station building, expanded parking areas, improved waiting rooms and toilets, and a foot overbridge.
After initially planning to bomb Iran and destroy its civilian infrastructure, Trump agrees to a ceasefire deal and drops his plans. This decision is met with ridicule and trolling, with the 'TACO' trend resurfacing on social media. Iran mocks Trump's pattern of issuing threats and then backing down, while both sides claim victory after reaching a two-week ceasefire.
After staying quiet for hours while the United States and Iran announced a two‑week pause in fighting, Israel finally broke its silence. Prime Minister Benjamin Netanyahu’s office said that Israel supports the US decision to suspend attacks on Iran, but made it clear that the ceasefire does not cover Lebanon.
Mohsina Kidwai, a veteran Congress leader and former Union minister, passed away at the age of 94 due to age-related ailments. She will be cremated at Nizamuddin graveyard and has served in important portfolios in the Rajiv Gandhi government. She was a member of both Lok Sabha and Rajya Sabha and also served in the Congress Working Committee and Central Election Committee.
SEBI has granted a one-time extension for IPO approvals, allowing companies to launch their offerings until the end of September. This decision has been made due to uncertain market conditions caused by geopolitical tensions and low investor participation. While companies can benefit from the extended validity, they must still adhere to regulations and disclosures, hinting at a slower IPO pace.
Kanye West, known for making antisemitic comments, has been banned from entering the UK by Prime Minister Keir Starmer's government. This is due to his planned appearance at the Wireless Festival in London, which has been cancelled as a result. Despite West's apologies and claims of mental health treatment, the UK government stands firm in their decision, causing mixed reactions.
Western Railway has announced the extension of six pairs of special trains to handle the rising passenger demand and provide relief to commuters on long-distance routes. The extensions will be in effect from May to July 2026 and will cover major destinations across the country. This decision aims to ease extra rush and provide smoother, more comfortable journeys for passengers.