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Sun Pharma to acquire 100% stake in Innovcare Lifesciences for $28.7 mn

Sun ​Pharmaceutical Industries said ‌it will acquire 100% of ​Innovcare Lifesciences

Bolivia president declares emergency as protests, blockades deepen crisis

The move came in a live message to the nation just hours after Paz unveiled a deal struck on Friday with the main union, the Bolivian Workers' Confederation (COB), that aimed to ease tension

At least five killed in Israeli strikes on south Lebanon despite ceasefire

Israel and Hezbollah agreed to the ceasefire on Friday following an escalation in hostilities in Lebanon

With Lebanon ceasefire set, Trump envoy heads to Switzerland for Iran talks

The development comes a day after Vice President JD Vance canceled plans to attend the talks, which were called off amid the renewed fighting in Lebanon

China tightens indium metal's export scrutiny as AI demand increases

China has tightened scrutiny of indium exports, fuelling fears that the critical metal for AI-era optical chips could face formal curbs

Oil shipments rise in Hormuz while questions grow over Iran's terms

Oil tanker traffic through the Strait of Hormuz is rebounding after the US-Iran ceasefire, though Tehran's transit conditions continue to unsettle shippers

Tata iPhone plant faces health probe after alleged groundwater pollution

State health authorities are investigating complaints from farmers who reported skin ailments and alleged contamination of agricultural land near the facility in Hosur

Oil prices fall as tankers resume transit through Strait of Hormuz

By 0645 GMT, Brent crude futures gained 51 cents, or 0.64 per cent, to $80.36 a barrel, and ‌US West Texas Intermediate crude rose $1.28, or 1.7 per cent, to $77.88 a barrel

Gold demand stays muted in India despite price drop to two-month low

India's physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, driven by profit-taking following a price rally on higher import duties

US-Iran talks in Switzerland called off, raising doubts over lasting peace

Switzerland confirmed that planned talks between US and Iranian negotiators would not take place on Friday, while Washington cited logistical challenges

RMZ plans $35 bn investment push, targets up to 3 GW data centre capacity

The real estate and investment firm is in advanced talks on three projects that would take its data centre capacity beyond 1 GW, with additional land acquisitions planned to support future growth

AI accelerating projects, clearing work backlogs: Deutsche Bank executive

Deutsche Bank said AI tools are improving efficiency across its operations, enabling teams to clear work queues significantly faster

Khamenei says he backed US-Iran MoU after receiving key assurances

Khamenei added that future ‌face-to-face negotiations with the United States ‌would not mean accepting "the enemy's position"

Oil prices fall to lowest after ceasefire deal, touch pre-Iran war level

Oil slid to pre-Iran war lows as the US-Iran deal eased supply fears, lifting Indian equities even as hawkish Fed signals weighed on IT and gold

India-US trade deal had created uncertainty between two nations: Misri

"There are ups and ‌downs in relations ​between nations, ‌the leaders of both ‌nations deal with them," Vikram ‌Misri, the ​top official ​in India's foreign ministry told reporters ‌in ​Paris

Rupee's oil-led gains capped by RBI FX book, hedging flows: Bankers

The RBI's short-dollar ​forward book is estimated to have ballooned to an all-time high of nearly $110 billion, according to two ‌officials at foreign banks, up from $96 billion in April

Large-scale Ukraine drone attack hits Moscow refinery, Russia fires back

The attack is the second in just a few days after a drone strike on Tuesday halted operations at the refinery

India's largest-ever IPOs ahead of NSE and Reliance Jio offerings

NSE's IPO is likely to be worth $3.3 billion, based on its ​share price in private markets, and comes after years of regulatory delays

Apple agrees to work with Intel to manufacture chips in US, says Trump

The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD

Italy's antitrust regulator probes Apple for breach of digital market rules

The authority said in the statement that it had proof that other providers of consumer cloud services could not be in the same position as iCloud