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FIFA faces WC broadcast crisis; Reliance offers $20 mn, China deal unclear

There has also been no deal announcement for China, which FIFA says accounted for 49.8% of all hours of viewing on digital and social platforms globally during the 2022 World Cup

L&T Q4 FY26 results: Net profit dips 3.1% to ₹5,326 crore, new CFO named

The company also named P Ramakrishnan ‌as it next chief financial officer

Reliance submits documents to CBI in bribery probe, executive gets bail

CBI arrested a Reliance senior V-P Bharat Mathur, and an official from the country's aviation regulator last month, accusing them of agreeing to a $16k bribe to clear drone import applications

Biocon founder Kiran Mazumdar-Shaw picks niece Claire as successor

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

India's auto dealers brace for Iran war impact on supply chain, fuel costs

While the impact is not broad-based, the repercussions could last for a few months even if the conflict ends, Sai Giridhar, vice-president of Fada said

India's cash withdrawals surge 12% in first half of April, RBI data shows

The surge, if it persists, could pose a challenge for surplus liquidity in the banking system, which the central bank has tried to maintain to support economic activity

Berkshire picks Charlie Shamieh to succeed Ajit Jain as insurance chief

Berkshire owns Gen Re, where Shamieh has served as chairman since 2018

Meta picks Morgan Stanley, JPMorgan for El Paso data centre financing

Big Tech firms are pouring hundreds of billions of dollars into data centres amid strong demand for artificial intelligence, marking a shift from their long-standing reluctance to raise debt

Oil eases after surge as US bid to reopen Strait of Hormuz calms markets

Brent oil futures for July fell 68 cents, or 0.6 per cent, to $113.76 per barrel at 0100 GMT, after settling up 5.8 per cent on Monday

AI partnerships surge across Formula One teams, reshape racing strategy

AI can be a key tool enabling teams to navigate new regulations and new cost cap rules, now set at $215 million

China invokes anti-sanctions law over US blacklisting of oil firms

Under the law, introduced in 2021 and most recently revised in April, China can impose countermeasures on companies and individuals, including trade and investment curbs and entry and exit restriction

GameStop's $56 billion eBay bid stokes investor doubts as shares lag offer

GameStop's $56 billion bid for eBay raises funding and strategy concerns, with markets doubting the deal despite potential to reshape the collectibles e-commerce space

Govt has no proposal for financial support to state-run fuel retailers

Indian state fuel retailers have raised prices for liquefied petroleum gas for industrial customers and jet fuel rates for foreign carriers

Ambuja Cements Q4 result: Profit jumps threefold to ₹1,644 cr on tax gains

The Adani Group-owned cement maker posted a profit after tax of ₹1,644 crore ($173.06 million) for the quarter ended March 31, up nearly threefold from a year earlier

Exide Q4FY26 result: Profit rises 22.7% to ₹312 crore on auto demand

The company's standalone profit after tax rose to ₹312 crore ($32.8 million) in the quarter ended March 31, from ₹255 crore a year earlier

RBI explores steps to mobilise dollar inflows amid rising pressure on rupee

The war ‌between the US, Israel and Iran - now in its third month - has weakened the Indian currency, adding to a near 5 per cent fall in 2025

India resumes wheat exports after 4 years, but high prices may curb demand

India, the world's largest wheat producer after China, has allowed exports of the grain this year, lifting a ban on overseas sales imposed in 2022

RBI, Irdai not inclined to allow commodity derivative investments: Sebi

Sebi Chairman stated that pension fund regulator had also looked at allowing pension funds to invest in commodity derivatives, but ​did not disclose whether it had made a decision

Sebi to soon issue advisory to market intermediaries on emerging AI risks

The ​Securities and Exchange Board ‌of ​India is ‌in touch with stakeholders ‌on AI-related ‌threats

Air India CEO search narrows to Singapore Air exec Kannan, insider Aggarwal

The choice of a new CEO comes at a crucial time for Air India, which is grappling with heavy losses, heightened regulatory scrutiny after a deadly crash last year