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Pak Army chief Munir invited to US military parade? White House says no

The White House has denied reports claiming that Pakistan's Army Chief Field Marshal Asim Munir has been sent an invitation to the US military parade

Ahmedabad plane crash: Working to gather more information, says Boeing

Boeing says it is gathering details after an Air India Dreamliner carrying 242 people crashed near Ahmedabad shortly after take-off en route to London Gatwick

US insurers to more than double AI investment in 3-5 years: Wipro report

Most US insurers plan to raise AI share in IT budgets from 8 to 20 per cent over 3 to 5 years as they integrate AI into underwriting, compliance and customer services

Govt asks edible oil industry to pass tax cut benefits to retail users

The government had reduced the Basic Customs Duty (BCD) on crude edible oils-specifically crude sunflower oil, soybean oil, and palm oil-from 20 per cent to 10 per cent on 31 May

Aadhaar verification to be mandatory for IRCTC Tatkal bookings from July 1

From July 1, Aadhaar will be compulsory for all online Tatkal bookings on IRCTC, with OTP authentication required from July 15 to ensure transparency and limit misuse

Jio BlackRock joint venture JBIAPL gets Sebi nod to be investment advisor

The Jio Financial-BlackRock joint venture marks another milestone with Sebi clearance for investment advisory services, following its mutual fund approval

CCI clears Blackstone's 40% stake acquisition in Kolte-Patil Developers

This acquisition will be completed via share subscription and purchase, alongside an open offer that may raise Blackstone's stake beyond 40%

SIS announces share buyback at ₹404 per share, offer to open on June 12

The company's share price closed today on the NSE at ₹371.60, representing an 8.7% premium to the buyback offer

Delhi govt approves ordinance to regulate fees charged by schools

Education Minister Ashish Sood stated that the BJP government sanctioned the ordinance during its eighth cabinet meeting

BigBasket to launch 10-minute food delivery across India by March 2026

Tata Group-backed BigBasket plans to expand its dark store network and enter the quick-commerce space with a 10-minute food delivery service by March 2026

Protean eGov Tech bags order worth ₹100 cr from Bima Sugam Marketplace

Protean will serve as the Technology Solution Provider for Bima Sugam, handling full development, integration, and maintenance of the digital insurance marketplace

CoC extends Jaiprakash Associates resolution plan deadline to 24 June

Following requests from prospective bidders, the Committee of Creditors for Jaiprakash Associates has extended the resolution plan submission deadline to 24 June 2025

Wipro opens Riyadh HQ, partners with PMU to boost Saudi tech talent

Wipro has shifted its regional headquarters to Riyadh and signed a pact with Prince Mohammad Bin Fahd University to launch a tech centre supporting Saudi Vision 2030

Continental to infuse Rs 100 cr in India to boost passenger vehicle biz

The investment will support the development of tyres tailored to Indian market requirements, focusing on performance and quality standards

Tata Steel plans to commission UK electric arc furnace unit by 2027

"Using recycled scrap, the new (Port Talbot plant) steelmaking facility will reduce the on-site carbon emissions by up to 90 per cent," the company said in its annual report

DRDO transfers nine defence system technologies to 10 industry partners

Technology transfer took place at DRDO's VRDE lab in Ahilyanagar, Maharashtra, as part of efforts to boost defence manufacturing and private sector participation

Ambuja makes 30% of cement used in infra, housing projects in India: CEO

Ambuja Cements, now a key part of the Adani Group, has surpassed 100 MTPA capacity and plans to reach 140 MTPA by FY28, driven primarily by brownfield expansions

India remains key strategic market for global brands: Myntra CEO Sinha

After launching in Singapore, Myntra Global sees rising engagement, strong order values and repeat customers while focusing on the Indian diaspora and Gen Z users

Airtel urges RBI, NPCI and banks to collaborate on digital fraud fight

Bharti Airtel seeks a joint database of fraudulent financial domains and proposes awareness campaigns to strengthen India's fight against digital scams and fraudsters

UP govt to invest ₹125 cr in flatted factory project to support MSMEs

Uttar Pradesh plans a ₹125 crore investment in a multi-storey flatted factory in Greater Noida to promote MSMEs and boost regional economic activity and employment