Actor Mahesh Babu has been served legal notices by the Ranga Reddy District Consumer Commission in Telangana over his endorsement of real estate firm Sai Surya Developers, Deccan Chronicle reported.

The complaint was filed by a Hyderabad-based doctor, who alleged that she was duped after paying ₹34.8 lakh for non-existent plots. She accused the actor of endorsing Sai Surya Developers, thereby misleading prospective buyers.

The Indian Rupee slipped as renewed pressures hit the currency after US President Donald Trump threatened to impose a 10 per cent tariff on countries aligning with Brics policies.

The domestic currency closed 47 paise lower at 85.86 against the dollar on Monday, the worst fall since June 13, according to Bloomberg. In intraday, the currency fell past the 86 mark, and pared losses on likely Reserve Bank of India (RBI) intervention.

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Monday said that the markets regulator is upgrading its surveillance to examine cases of derivatives manipulation. His remark comes days after Sebi found New York-based hedge fund Jane Street was manipulating stock indexes.

"There may not be many more such cases," said Pandey, as quoted by news agency Reuters.

French IT services giant Capgemini announced on Monday that it will acquire India-based outsourcing firm WNS in an all-cash deal worth $3.3 billion, news agency Reuters reported. The move is aimed at helping Capgemini capitalise on its Agentic AI (AI systems designed to operate autonomously), helping clients modernise their business operations.

Capgemini will pay $76.50 per WNS share, which is 17 per cent higher than the closing price on July 3, excluding WNS’s existing debt, the report said.

Senior advocate R S Cheema, representing Congress leader Rahul Gandhi, on Saturday argued that the AICC was not trying to sell the assets of Associated Journals Limited (AJL), but rather attempting to save the institution, which was part of the freedom movement.

Cheema began his rebuttal before Special Judge Vishal Gogne.

Tata Power is transitioning from a pure-play solar and wind company to become a ‘force’ in the hybrid renewable energy market and is also ready to take part in nuclear power development in future, Chairman N Chandrasekaran said on Friday.

He was addressing shareholders at the company's 106th Annual General Meeting.

Zerodha founder and CEO Nithin Kamath has cautioned that retail trading activity could be impacted if proprietary trading firms like Jane Street, which contribute nearly 50 per cent of options trading volumes, scale back their participation in the market.

This development could have negative implications for both exchanges and brokers, he added.

Hamas said it is ready to “immediately” start negotiations with Israel on a proposal by US President Donald Trump for a 60-day ceasefire in Gaza.

A deal on the framework would see Hamas return half of the 50 hostages it still holds and pursue mediated talks with Israel to end the war. The proposal, accepted by Israeli Prime Minister Benjamin Netanyahu, will be one of the major topics during his visit to Washington where he will meet with Trump on Monday.

In a significant development for India's space and telecommunications sectors, Hyderabad-based Ananth Technologies is set to become the first private Indian company to offer satellite communication (satcom) services using a domestically-built satellite, according to a report by The Economic Times.

This marks a shift in the country’s space ecosystem, positioning the firm to directly compete with international players such as Starlink (SpaceX), Eutelsat OneWeb, and Amazon’s Project Kuiper.

The Bhagwant Mann-led Punjab government has announced plans to table a new law against sacrilege during a special session of the state legislative assembly scheduled for July 10 and 11, news agency ANI reported.

The decision is being described by the state as “historic for Punjab” and is aimed at addressing the longstanding demand for stricter laws against sacrilegious acts.

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