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FedEx stock jumped on Monday, rising 7 per cent following its partnership with Amazon. This marks a potential revival of ties between the two companies since their 2019 split over home deliveries

JSW One Platforms, the B2B e-commerce division of the JSW Group, on Tuesday announced a Rs 340-crore fundraise from Principal Asset Management and OneUp.
The conglomerate's steel arm JSW Steel also participated in the round, after which the JSW One Platforms' valuation catapulted to USD 1 billion making it enter the coveted unicorn club.
The valuation has jumped by over three times since the last round of funding in April 2023, a company statement said, adding that it had then raised Rs 205 crore from Japan's Mitsui & Co.
The newly raised capital will strengthen the national supply chain in steel and cement categories, deepen distribution and logistics networks across India, scale the fintech and Non-Banking Financial Company (NBFC) arms, and enable wider access to credit for Micro, Small, and Medium Enterprises (MSME), it said.
"We're solving critical pain points by combining our tech-led distribution model with JSW Group's strength in manufacturing. We are well-positioned to ...

The conglomerate's steel arm JSW Steel also participated in the round, after which the JSW One Platforms' valuation catapulted to $1 billion making it enter the coveted unicorn club

As per Wall Street Journal, Apple is planning to increase price for iPhone 17 series to accommodate the arrival of new features and designs

Priced at Rs 99,999, the Motorola Razr 60 Ultra will be available in India from May 21 on the company's official website, Amazon India, and select retail stores including Reliance Digital

The Kerala government on Tuesday said it would explore both legal and protest avenues to secure over Rs 1,500 crore in funds allegedly withheld by the Centre under various centrally sponsored schemes because Kerala has not signed the PM SHRI scheme memorandum.
State General Education Minister V Sivankutty said that Kerala will join forces with Tamil Nadu to press for their rightful share. He accused the central government of discriminatory practices.
"I have already spoken to the Tamil Nadu Education Minister twice and will be meeting him next week," Sivankutty told PTI Video, underlining a coordinated effort between the two southern states.
The funds in question have allegedly been held back due to Kerala's refusal to sign a Memorandum of Understanding (MoU) associated with the PM Sree scheme  a central government initiative aimed at upgrading select schools across India.
Minister Sivankutty further cited a Supreme Court judgement in a petition filed by the Tamil Nadu government, 

State General Education Minister V Sivankutty said that Kerala will join forces with Tamil Nadu to press for their rightful share

Adampur is one of the air bases that Pakistan had attempted to target on the night of May 9 and 10

M Modi's visit comes after days of intense fight between India and Pakistan following Indian conducted strikes on terror bases under Operation Sindoor

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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