Foxconn recalls Chinese staff from India, raising concerns over iPhone 17 rollout
Foxconn has recalled over 300 Chinese engineers from India, threatening delays to Apple’s iPhone 17 production as geopolitical tensions mount.
Business
Asian Paints Faces CCI Probe Over Alleged Abuse of Market Dominance
India’s Competition Commission orders a probe into Asian Paints on claims of anti-competitive practices by Aditya Birla’s Grasim Industries.
Tata Harrier EV Stealth Edition Debuts in India with 622 km Range
Tata Motors launches the Harrier EV Stealth Edition in India, offering up to 622 km range, all-wheel drive, and premium features. Prices start at Rs 28.24 lakh.
Tata Sons Allocates ₹500 Crore for Air India Crash Victims’ Trust
Tata Sons plans a ₹500 crore trust to support families affected by the Air India crash in Ahmedabad, providing long-term aid and compensation.
Surge in IPO Activity: Eight Major Offerings Raise ₹19,000 Crore in June
The Indian IPO market saw a resurgence in June with eight large public offerings raising ₹17,688 crore, alongside 30 SME IPOs generating ₹1,329 crore.
India Economy Shows Resilience Amid Global Uncertainty, Says RBI
India’s economy remains resilient despite global trade and geopolitical tensions, with strong growth, stable inflation, and rising investment, says RBI report.
Tesla to Launch First India Showroom in Mumbai, Sell China-Made Model Y EVs
Tesla will open its first showroom in Mumbai next month, introducing China-manufactured Model Y electric vehicles to the Indian market.
Amazon India to Invest Over Rs 2,000 Crore in 2025 to Expand Operations
Amazon India will invest more than Rs 2,000 crore in 2025 to expand and upgrade its logistics and fulfilment network across the country.
Israel-Iran Conflict Sends Oil Prices Soaring, Posing Economic Risks for India
Escalating Israel-Iran tensions drive up global oil prices, raising inflation and fiscal concerns for India, a major crude importer reliant on West Asian supplies.
Google Cloud Outage Disrupts Spotify, Amazon and Other Major Services
A widespread outage on Google Cloud affected services like Spotify, Amazon Web Services, and Discord, impacting tens of thousands of users across the U.S.
India Growth Forecast Held at 6.3% as World Bank Cuts Global Outlook
India's economy is projected to grow 6.3% in FY26, maintaining its lead among major economies, as the World Bank lowers global growth forecast to 2.3%.
Meta’s Superintelligence Project: Zuckerberg Personally Leads AGI Recruitment
Meta CEO Mark Zuckerberg is spearheading a new push into artificial general intelligence, forming a top-tier team to develop AI systems surpassing human capability.
India Approves Micron and Aequs SEZ Projects to Boost Semiconductor Sector
India approves semiconductor and electronics SEZ proposals from Micron and Aequs, easing land and trade rules to strengthen high-tech manufacturing.
Google CEO Sundar Pichai Defends AI Strategy Amid Industry Scrutiny
Google CEO Sundar Pichai responds to criticism over the company’s AI leadership, emphasising its long-term vision and the role of AI in shaping future executives.
India Cracks Down on 'Dark Patterns' in E-Commerce Platforms
India orders online retailers to eliminate deceptive design practices known as “dark patterns”, mandating self-audits within three months to protect consumers.
Andhra Pradesh Partners with NVIDIA to Launch AI University in Amaravati
Andhra Pradesh signs MoU with NVIDIA to set up AI University in Amaravati, aiming to train 10,000 students and foster research, startups, and innovation.
Rupee Slides on Equity Outflows and US Dollar Demand Ahead of RBI Policy Review
The Indian rupee weakens against the US dollar amid equity outflows, narrowing rate differentials, and caution ahead of the Reserve Bank of India's policy decision.
Adani Airports Secures $750 Million to Expand Six Indian Airports
Adani Airports Holdings raises $750 million from global banks to refinance debt and enhance infrastructure at six key Indian airports, boosting aviation capacity.
US Investigates Adani Group Over Alleged Iranian LPG Shipments
The US Justice Department is reportedly probing Adani Group over suspected imports of Iranian LPG via Mundra port, despite the group's firm denial.
Tata Harrier EV Launched in India at ₹21.49 Lakh Ahead of July Bookings
Tata Motors unveils the all-electric Harrier SUV in India with prices starting at ₹21.49 lakh; bookings open from 2 July 2025.
Flipkart Plans ₹582 Crore Exit from Aditya Birla Fashion Stake
Walmart-owned e-commerce firm to sell 6% holding in Indian retail company via block deal
Tesla Not Planning Electric Vehicle Manufacturing in India, Minister Confirms
Tesla plans to open showrooms in India but has shown no interest in local EV manufacturing, according to Heavy Industries Minister Kumara Swamy.
India Reduces Commercial LPG Cylinder Price by ₹24 Amid Global Oil Trends
Commercial LPG prices in India drop by ₹24 to ₹1,723.50 per 19kg cylinder from 1 June, while domestic rates remain unchanged.
India Restricts IndiGo's Lease of Turkish Aircraft Amid Tensions with Ankara
India grants final 3-month extension to IndiGo for Turkish Airlines aircraft lease, citing diplomatic tensions and national security concerns.
Suzlon Energy Share Price Surges on Strong Q4 Results and Upbeat Outlook
Suzlon Energy shares rose 13% after reporting a 364% surge in Q4 profit. Strong project execution, tax gains, and a robust outlook boosted investor confidence.
