Government Targets 75% PSU Stake Norm Through Aggressive Disinvestment
The government is accelerating its plan to sell minority stakes in state-owned companies in the current financial year as it seeks to mobilise ₹80,000 crore through equity disinvestment and public asset monetisation, according to officials familiar with the development. As part of the broader fiscal strategy, the Centre is also aiming to bring down its…
Apple Tightens Siri AI Behavior in iOS 27 Beta 2, Restricts URL Summary Requests
iOS 27 beta 2 has introduced a notable change in how Siri handles certain user requests, with the assistant now explicitly refusing to summarize content from URLs in specific scenarios. The update reflects Apple’s ongoing adjustments to its artificial intelligence features as it continues refining safety, accuracy, and content handling rules within its ecosystem. According…
Adani Group Strengthens Energy Portfolio with Power, Nuclear and Gas Investments
Adani Group Chairman Gautam Adani has announced an ambitious expansion strategy for the conglomerate’s energy business, with Adani Power set to invest more than ₹2 trillion over the next five years. The company aims to increase its power generation capacity to 45 gigawatts (GW), reinforcing its position as one of India’s leading energy producers. Addressing…
Modrić Marks 200th Cap, Livaković Saves Flurry as Croatia Edge Panama 1-0
Croatia kept their hopes of reaching the World Cup knockout stage alive with a 1-0 win over Panama, thanks to a goal from substitute Ante Budimir early in the second half. This was Panama’s second consecutive defeat, knocking them out of the race for the knockouts. In the 54th minute, Ante headed in a curled…
Max Life Hits Record 99.8% Claim Settlement Ratio in FY26, Pays ₹1,641 Cr on 20,529 Claims
Max Life Insurance Limited has successfully settled 20,529 death claims worth ₹1,641 crore. Through this, the company achieved its highest-ever individual death claim settlement ratio of 99.8% in the financial year 2025–26. This rate has been consistently increasing from 99.34% in the financial year 2021–22, and due to the trust placed in the company, the…
CRED Founder Kunal Shah Named Head of ‘Whitehouse’ After $900M Motor Investment
Indian entrepreneur and investor Kunal Shah has been appointed as a chief/head by the world’s most influential magazine, Forbes. Motor has already invested $900 million into the company of 41-year-old Kunal Shah, the founder of CRED, an Indian financial technology firm valued at $4.5 billion. Following this investment, Motor’s share in CRED has risen to…
Bharti Airtel Strengthens Global Footprint, Increases Stake in Airtel Africa
Bharti Airtel has increased its stake in Airtel Africa to approximately 79%, following a major share-swap transaction valued at around ₹28,200 crore. The company disclosed the development in a regulatory filing on Tuesday, confirming that it acquired an additional 16.31% stake from Indian Continent Investment Limited (ICIL), a promoter group entity. With this transaction, Bharti…
Samsung Galaxy M47 5G India Launch Date Confirmed; Key Specs and Colour Variants Unveiled
Samsung has officially announced the India launch date of its upcoming Galaxy M47 5G smartphone, alongside revealing key specifications and available colour options ahead of its debut. The new device is positioned in the mid-range segment and is expected to strengthen Samsung’s popular M-series lineup, which has consistently focused on battery life, performance, and value-for-money…
Tech Mahindra Leases Large Commercial Space in Hyderabad for ₹36 Crore Annually
IT services major Tech Mahindra has signed a 10-year lease for nearly 4 lakh square feet of office space in Hyderabad’s Kondapur area, marking a significant expansion of its commercial footprint in one of India’s key IT and Global Capability Centre (GCC) hubs. According to property registration documents reviewed by CRE Matrix, the company has…
Israel Says Troops Authorized to “Eliminate Threats” in Lebanon Amid Rising Border Tensions
The Israeli military has said its soldiers are free to act to “eliminate threats” in Lebanon, signaling an escalation in operational posture along the northern border as cross-border tensions continue to intensify. The statement underscores Israel’s increasingly assertive approach toward security challenges emanating from Lebanese territory, where confrontations with armed groups have periodically flared. According…
