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Mukesh Ambani's promise to investors on Jio IPO to be tested this week

Mukesh Ambani's promise to investors on Jio IPO to be tested this week

The long-running saga over the listing of Reliance Industries Ltd.’s digital unit comes to a head this week, as investors watch whether its billionaire chairman Mukesh Ambani can walk the talk from last year.

Shareholders of the energy-to-entertainment conglomerate will hear updates from Ambani on Friday at the company’s 49th annual general meeting — a video address that has drawn comparisons to Warren Buffett’s yearly letters to Berkshire Hathaway Inc. investors.

India's remittance inflows stay resilient despite West Asia conflict

India's remittance inflows stay resilient despite West Asia conflict

India’s remittance inflows have remained resilient despite the West Asia conflict, with precautionary transfers keeping flows elevated even as economic activity in parts of the Gulf region faced disruptions. While bankers expect some moderation in growth as geopolitical tensions ease, remittances are likely to remain broadly stable this year, supported by the diversification of India’s remittance sources.

Telegram moves Delhi HC against curbs imposed ahead of Neet UG re-exam

Telegram moves Delhi HC against curbs imposed ahead of Neet UG re-exam

Messaging platform Telegram has approached the Delhi High Court challenging the Centre's decision to temporarily suspend its operations in India until June 22 in connection with the National Eligibility cum Entrance Test Undergraduate (Neet UG) 2026 re-examination.

Strike at paper leak mafia, not students: Rahul Gandhi slams Telegram 'ban'

Strike at paper leak mafia, not students: Rahul Gandhi slams Telegram 'ban'

Congress leader Rahul Gandhi on Wednesday took a swipe at the government after it temporarily restricted access to Telegram, saying the "new trick" was akin to putting a lock on the victim's house instead of catching the thief.

Instant messaging app Telegram has stopped working for existing users in India after the government temporarily restricted access to the app, but it continues to remain operational through the Virtual Protocol Network (VPN).

Adani Green seeks to raise $1 billion via offshore loan after US settlement

Adani Green seeks to raise $1 billion via offshore loan after US settlement

Adani Green Energy Ltd. is seeking to raise as much as $1 billion through an offshore loan, according to people familiar with the matter, its first overseas borrowing since emerging from legal troubles in the US.

The company is in early talks with lenders and advisors to raise a dollar loan, which may be raised in two tranches over the next three months, the people said, asking not to be identified because the information is private.

End of war includes end of Israel's occupation of Lebanon: Iran foreign min

End of war includes end of Israel's occupation of Lebanon: Iran foreign min

Iran's top diplomat said Tuesday that the deal ending the war with the United States would also require Israel to withdraw from Lebanon, raising questions about the still-unpublished agreement and whether disagreement over its terms could prolong conflict.

Foreign Minister Abbas Araghchi told diplomats from other countries that Israel's continued occupation of southern Lebanon would violate the memorandum of understanding reached between the United States and Iran.

GIFT City clears way for Zerodha, Groww, Upstox to offer int'l investing

GIFT City clears way for Zerodha, Groww, Upstox to offer int'l investing

India’s top stockbroking platforms -- Zerodha, Groww, Angel One and Upstox -- have received approval to enable international and US stock investing through GIFT City, according to a report by Moneycontrol.

The services are expected to go live in the next two to three months, after companies complete technology integration, testing and regulatory compliance processes, the news report said.

Vance to lead US delegation to ink Iran peace deal in Switzerland: Trump

Vance to lead US delegation to ink Iran peace deal in Switzerland: Trump

Vice President JD Vance will lead the US delegation for the in-person signing of the peace deal with Iran in Switzerland on Friday, President Donald Trump said.

Both Trump and Vance have electronically signed the framework agreement with Iran's lead negotiator Mohammad Bagher Ghalibaf, according to a senior US official quoted by The New York Times.

Govt temporarily blocks Telegram messaging app ahead of Neet-UG re-exam

Govt temporarily blocks Telegram messaging app ahead of Neet-UG re-exam

The Union government has restricted access to messaging app Telegram till June 22 in order to prevent "cheating rackets" from defrauding candidates ahead of Neet (UG) 2026 re-examination on June 21.

The directions were issued under Section 69A of the IT Act, 2000, based on the recommendations of the National Testing Agency (NTA).

TCS to take $70 mn hit after US SC rejects appeal in trade secrets case

TCS to take $70 mn hit after US SC rejects appeal in trade secrets case

Tata Consultancy Services will book a one-time exceptional charge of $70 million after the US Supreme ​Court rejected its appeal in a trade secrets ​case, bringing its total exposure in the matter ‌to $220 million, the firm said on Monday.

The US Supreme Court on June 15 let stand a $168 million damages award in favour of DXC Technology.

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