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.

Early in the final over of the game, as Royal Challengers Bengaluru’s victory was virtually confirmed, Virat Kohli sunk his face into his hands.

After 18 years of expending everything for the only franchise he had turned up for, Kohli, jersey No. 18, knew he could finally kiss the elusive IPL trophy. When the game was officially over – RCB beat Punjab Kings by six runs, chasing 190 in Ahmedabad – he plunged to the turf and shed tears of joy.

Tesla Chief Executive Elon Musk has intensified his criticism of US President Donald Trump's legislative agenda, describing a major spending bill as a "disgusting abomination" in a series of posts on the social media platform X.

The tech billionaire, who recently departed his role overseeing government efficiency reforms, condemned the House-passed legislation on Tuesday, writing: "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong."

Prime Minister Narendra Modi on Tuesday spoke to Assam Chief Minister Himanta Biswa Sarma, Sikkim Chief Minister Prem Singh Tamang, and Manipur Governor Ajay Bhalla to take stock of the situation caused by heavy rainfall and floods in the northeastern region. PM Modi assured full help and support from the Centre. Sharing an update on X, Assam CM Himanta Biswa Sarma wrote, "A short while ago, Hon'ble Prime Minister Shri @narendramodi ji called me to enquire about the current flood situation in Assam.

Congress leader Rahul Gandhi has approached the Jharkhand High Court to challenge a non-bailable warrant issued against him by the MP-MLA Special Court in Chaibasa, Bar and Bench reported. The warrant pertains to his remarks against Union Home Minister Amit Shah.

As reported by The Hindu, this is the second such warrant issued by the Chaibasa court, which has directed Gandhi to appear before it on June 26.

Tata Consultancy Services (TCS) has signed a new seven-year agreement with British airline Virgin Atlantic, building on a partnership that has lasted over 20 years. The renewed collaboration aims to support Virgin Atlantic’s digital transformation, with a focus on artificial intelligence (AI) and cloud-based technologies, the tech giant said in an exchange filing on Tuesday.

As part of the agreement, TCS will help modernise the airline’s core technology systems, using AI and cloud platforms to improve agility, resilience, and scalability.

India reported five deaths due to Covid-19 in the last 24 hours, with active caseload rising to 4,026 as of Tuesday, June 3, up from 3,961 reported the previous day. This marks an increase of 65 new cases within a 24-hour span.

Since May 22, the number of active cases has surged from 257 to over 4,000, with Kerala continuing to be the most affected state, followed by Maharashtra, Gujarat, and Delhi, the latest data from the Ministry of Health and Family Welfare showed.

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