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Mukesh Ambani's Reliance Group enters Mumbai slum redevelopment sector

The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

Indian-crewed tanker hit off Oman in suspected third US strike this week

Three Indian sailors died in a US strike on the Settebello tanker off Oman a day earlier

Trump says will take over Iran's Kharg Island, warns of heavier strikes

Trump said the US will attack Iran again with intensified strikes on Thursday night but he would rather not hit bridges and power plants

Indian firms rush to raise $3 bn debt as RBI steps cut borrowing costs

This has pushed corporate borrowing costs lower by 40-45 basis points, per LSEG benchmark 'AAA'-rated corporate bond yields of up to five years, while the spread over government bonds has narrowed

British defence minister Healey resigns amid dispute over defence funding

Britain's's defence and finance ministries have been locked in talks for months over how to meet rising demands to expand military spending, delaying Britain's Defence Investment Plan since last year

Opendoor shuts India operations, lays off 250 employees amid AI push

Layoffs reflect rising concerns over AI-driven job displacement in entry-level and back-office roles, alongside growing US policy pressure to shift more work onshore

India reports another vessel incident involving MT Jalveer off Oman coast

Indian embassy in Oman did not specify if the vessel involved in Thursday's incident had Indian seafarers on board

Indian refiners secure crude, LPG supplies till August despite Iran war

Indian refiners, including Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd, ‌have also purchased crude through spot tenders in recent weeks

Air India crash report delayed as engine examination remains unfinished

A final report is expected within three months, by when studies of the GE Aerospace engines should be concluded

Oil prices climb over $2 as Iran announces closure of Strait of Hormuz

Brent futures rose $2.30, or 2.47 per cent, to $95.40 a barrel, while US ‌West Texas Intermediate (WTI) crude climbed $2.60, or 2.89 per cent, to $92.63

Zee Entertainment plans ₹2,300 crore fundraise to back expansion plans

The company, which did not disclose a medium for the raise, said the board will deliberate further on options for raising funds

Google Cloud outage in India after fire at third-party data centre

The incident affected network traffic from Delhi, Chennai, Mumbai and nearby regions, causing periods ​of elevated latency, the company said on its status page

Asian stocks slide, oil prices up amid escalating tensions in West Asia

Oil prices climbed about 1 per cent in early trade, moving away from a seven-week low touched in the previous session in the wake of the fresh US attacks

Gold in India falls below pre-duty-hike levels as overseas prices drop

Domestic gold futures fell 1.93 per cent on Wednesday to ₹1,46,557 per 10 grams, their lowest level since May 5

India equity MF inflows drop 40% in May; gold ETFs post record outflows

Inflows into small-cap, mid-cap and large-cap funds fell 28.2 per cent , 33.2 per cent and 36.9 per cent, respectively

Short-term bond yields hit three-month low on RBI dollar measures

On Friday, the ‌Reserve Bank of India unveiled steps to attract dollar inflows, including fully subsidising hedging costs on foreign currency deposits raised from non-resident Indians

RBI likely stepped in to support rupee, conducts swaps, say traders

The rupee was at 95.27, up modestly ‌on the day after hitting an intra-day low of 95.5625 in early trading

Trump says Iran downed US Apache helicopter, vows military response

Monday's flare-up added further strain to efforts to broker a peace deal to end the wider Middle East war and reopen the Strait of Hormuz

Honda's board backs CEO Mibe despite push by old guard to oust him

They blamed Mibe for neglecting China, the world's biggest auto market, and making a "failed" bet on electric vehicles that would leave Honda with its first annual loss in seven decades

India's ship certifier de-classed 235 vessels over sanctions since 2023

Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation's Executive Chairman Arun Sharma said