FMCG giant Procter & Gamble plans to cut 7,000 jobs from its global office workforce — roughly 15 per cent of its non-manufacturing employees — over the next two years, according to a report by the Wall Street Journal.

The maker of Tide detergent, Pampers diapers, and Bounty paper towels employed around 108,000 people as of June last year.

Pakistan Prime Minister Shehbaz Sharif and Pakistan People's Party (PPP) chairman Bilawal Bhutto Zardari praised US President Donald Trump at separate events on Wednesday, i.e., June 4, for his role in what the duo described as "de-escalating the tension" during recent conflicts with India, reported PTI.

Royal Challengers Bengaluru (RCB) on Thursday pledged ₹10 lakh each to the families of the 11 people who died during a stampede outside Bengaluru’s M Chinnaswamy Stadium during a victory parade celebrating the team's IPL title win.

"The unfortunate incident in Bengaluru yesterday has caused a lot of anguish and pain to the RCB family. As a mark of respect and a gesture of solidarity, RCB has announced a financial support of ₹10 lakh to each of the eleven families of the deceased," the franchise said in a post on X.

Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian conglomerate's deepening role in the US tech giant's supply chain, two people familiar with the matter said.

As Apple looks beyond China for manufacturing, Tata has fast emerged as its key supplier and already assembles iPhones for local and foreign markets at three facilities in south India, with one of them also making some iPhone components.

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.

This is the first time the Reserve Bank of India has granted a large e-commerce player in India a non-bank finance company (NBFC) licence, allowing it to lend but not take deposits.

Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements to manufacture Rafale fighter jet fuselages in India for both domestic and international markets.

This marks the first time that Rafale fuselages will be built outside France. The collaboration supports the Indian government’s ‘Make in India’ initiative and aims to bolster self-reliance in the defence sector.

Hyundai Motor has divested its entire stake in Ola Electric, while fellow South Korean carmaker Kia has reduced its holding in the EV startup. The combined share sale netted approximately ₹6.89 billion ($80 million), news agency Reuters reported.

According to exchange data released on Tuesday, Hyundai, which previously held a 2.47 per cent stake, sold its shares at ₹50.70 each. Kia offloaded 0.6 per cent of its stake at ₹50.55 per share.

Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, has secured $750 million in external commercial borrowings from a consortium of international lenders.

The funds will be used to refinance $400 million in existing debt, with the remainder allocated for capital expenditure at six airports and AAHL’s non-aeronautical businesses, Adani Enterprises said in a stock exchange filing on Wednesday.

Andhra Pradesh's CM, N. Chandrababu Naidu, recently asked the Central government to stop using Rs 500 notes to fight corruption. Following this, a Chartered Accountant said on X (formerly Twitter) that the RBI told all banks to stop giving out Rs 500 notes from ATMs by the end of September. Soon after he tweeted, his claim went viral in no time. His post initiated confusion among netizens.

The 18-year wait finally ended for Royal Challengers Bengaluru and all of their fans with the Men in Red and Gold lifting their first Indian Premier League trophy after beating Punjab Kings in the final of IPL 2025 at the Narendra Modi Stadium in Ahmedabad on Tuesday. Rajat Patidar led his team to glory after RCB failed thrice in 2009, 2011 and 2016 before.

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