Page 59 - Rimjhim Singh

MakeMyTrip to raise $2.5 bn to slash Trip.com's stake and voting power

MakeMyTrip to repurchase Class-B shares from Trip.com, reducing its voting power and board rights amid calls to limit Chinese investment following India-Pakistan conflict

AI to shrink white-collar workforce in the years ahead, Amazon CEO warns

Amazon chief executive Andy Jassy cautions that AI will streamline operations, cut costs, and reduce the need for certain corporate roles as the company ramps up its investment in automation

'Never accepted, never will': PM Modi to Trump on mediation with Pakistan

PM Modi tells Donald Trump India will not accept mediation on Pakistan; says response to May 9 threat was decisive, and ceasefire talks were direct, with no US role or trade deal linkage

Trump threatens Iran's top leader, Khamenei hits back at Israel | Updates

Donald Trump warned he knows where Iran's Supreme Leader is hiding, calling him an 'easy target'; Khamenei hit back declaring 'the battle begins' and vowed no mercy for Israel

TikTok ban on hold? Trump hints at more time for ByteDance to sell app

Donald Trump hints at extending ByteDance's TikTok sale deadline, after twice delaying a ban initially set under the 2023 law citing national security and data privacy concerns

Rising incomes boost hopes of India's lower middle class, survey finds

Home Credit India's latest survey finds rising income, digital adoption, and focus on education driving optimism among lower-middle-class Indians despite financial pressures

Trump denies reaching out to Iran for peace talks, says he wants 'real end'

Donald Trump slams reports of peace overtures to Iran, denies working on Israel-Iran ceasefire; says goal is to fully dismantle Tehran's nuclear programme, not temporary truces

'Nothing wrong has happened': Akal Takht head granthi on influencer killing

Kanchan Kumari, known as Kamal Kaur Bhabhi, was strangled and found dead in a car at Bathinda's Adesh University; two arrested, prime accused Amritpal Singh Mehron fled to UAE, say police

Air India cancels Ahmedabad-London flight over aircraft unavailability

Air India's Ahmedabad-London flight AI-159 cancelled over unavailability of the aircraft; this marks fourth Air India flight disruption in 24 hours

FMCG firms brace for input cost surge as Israel-Iran conflict escalates

The conflict between Iran and Israel threatens a rise in prices of essential goods, with companies concerned about the impact of oil price volatility on packaging and raw material costs

After Kedarnath crash, Uttarakhand to resume helicopter services on June 17

Seven people were killed after a Kedarnath-bound helicopter crashed on June 16; services to resume on June 17 if weather is favourable

73% ATMs now dispense ₹100, ₹200 notes ahead of RBI's Sept 30 deadline

RBI directed banks in April 2025 to ensure 75 per cent of ATMs dispense ₹100 or ₹200 notes from at least one cassette by the September 30 deadline to improve access to small denominations

India, Cyprus unite on sovereignty, seek peace amid rising global strain

PM Narendra Modi became the first Indian PM to visit Cyprus in over two decades; honoured with the Grand Cross of the Order of Makarios III for strengthening bilateral relations

UPI to get faster from today; Daily caps on usage roll out from July 31

NPCI reduces UPI API turnaround times to 10 seconds; limits on balance checks, account listings, and autopay retries to be enforced across apps by end-July

Iran to quit nuclear treaty, denies seeking weapons of mass destruction

Amid escalating conflict with Israel, Iran says it is preparing to exit the Non-Proliferation Treaty; move comes as Israeli strikes target nuclear and military facilities

Impact on biz no valid reason to set aside injunction: HC on trademark row

Delhi HC dismisses tech firm's plea claiming injunction, that restrained it from using the trademark "Newgen", hampers operations and IPO plans

India's WPI inflation dips to 0.39% in May, lowest level in 14 months

WPI inflation eased to 0.39 per cent in May, a 14-month low, as prices of food, fuel, and primary articles cooled; core inflation also declined

Quick commerce price war heats up as Amazon, Flipkart enter the fray

With deep-pocketed players entering the quick commerce space, platforms ramp up discounts to attract users, driving up cash burn and delaying paths to profitability

Vi survival in doubt as govt rules out equity swap, plans payment relief

The Centre is working on a relief plan for Vi, including a longer AGR payment schedule, but remains firm on not raising its equity stake beyond 49 per cent due to viability and cash flow concerns

Boeing Dreamliner to Hyderabad turns back to Frankfurt after 'bomb threat'

A Lufthansa Boeing Dreamliner bound for Hyderabad returned to Frankfurt mid-air after passengers were informed the flight lacked landing clearance after receiving a bomb threat