Page 30 - Press Trust Of India

Ben Stokes, Atkinson dropped from 2nd NZ Test squad over nightclub row

Senior batter Joe Root was named interim captain in place of Stokes. The second Test will played at The Oval here from June 17-21

First made-in-India C-295 transport aircraft completes maiden test flight

Forty of these 56 C-295 transport aircraft will be assembled by Tata Advanced Systems Limited in cooperation with Airbus at a production facility in Vadodara

Trump congratulates Modi on becoming India's longest-serving elected PM

Modi reached the milestone of becoming India's longest-serving prime minister on Wednesday, with an unbroken tenure of 4,399 days in office, surpassing Jawaharlal Nehru

Fidelity pares Meesho stake, raises ₹988 crore through share sale

The shares were sold in the price range of ₹165.18-165.21 apiece, taking the combined transaction value to ₹988.15 crore

India, US explore possible Modi-Trump meeting on G7 summit sidelines

The Ministry of External Affairs (MEA) has already announced that Modi will undertake a week-long visit to France and Slovakia beginning Saturday

India summons US charge d'affaires over attack on tanker off Oman coast

Three of the 24 crew members on board the vessel went missing following the attack

Airtel rebrands Priority Postpaid as Fast Lane amid neutrality row

Airtel launched "Priority Postpaid" on May 19, which promises consistent speed even in crowded markets for postpaid customers

President Murmu approves merger of REC with Power Finance Corporation

In March 2029, state-owned PFC completed the acquisition of the government's majority stake of 52.63 per cent in REC Ltd for ₹14,500 crore

Sebi mistook Valcambi's Editda as revenue; all records submitted: REL

The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries

RBI cancels registration certificates of 135 NBFCs, most in West Bengal

The majority of the NBFCs, whose certificates of registration were cancelled, had a registered office address in West Bengal, an RBI release showed

RBI forex swap measures may attract $60-70 bn inflows, says Ind-Ra

The slew of measures announced by the RBI to shore up foreign capital inflows includes a concessional forex swap facility to encourage PSUs to raise ECBs until September 30

Outward FDI commitments by Indian firms drop 49% in May: RBI data

Equity investments abroad dropped sharply to $1,247.82 million in May from $3,537.35 million in April, marking a decline of about 64.72 per cent

Rajesh Exports says will cooperate with audit, won't challenge Sebi's order

Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout

Meta partners with Fourth Partner Energy for 88 MW RE projects in India

Meta will purchase 100 per cent of the environmental attributes associated with the projects, FPEL said in a statement

Tata Starbucks could expand to 8,000 stores in India: Chandrasekaran

Terming the Starbucks QSR chain business as "a very high-potential business", Chandrasekaran said it has become EBITDA positive in FY26

Govt extends microfinance guarantee scheme, raises loan cap to ₹1,000 cr

As of date, loans totalling ₹770 crore have been sanctioned under the scheme, the Finance Ministry said in a statement

Nuvama gets Sebi's green light to commence its mutual fund business

The approval paves the way for the company to establish its mutual fund business and expand its asset management offerings

Govt approves 96 companies in Round-III of PLI Scheme for textiles

Twenty-two firms join the textile PLI scheme's third round, taking total committed investments to ₹12,823 crore and projected turnover to over ₹58,000 crore

Unicorn to add 50 Apple stores, aims for ₹6,000 cr revenue in 3 years

Unicorn opened its very first single-brand store in Ahmedabad in 2006 and thereafter it has been expanding its outlets across North and West India"

Sebi mulls easing executive remuneration disclosure norms for AMCs

Sebi has proposed replacing individual executive pay disclosures at mutual fund AMCs with consolidated figures, citing privacy and competitiveness concerns