Business

Gurugram, July 2026: Reinforcing its commitment to strengthening education infrastructure through Corporate Social Responsibility (CSR), REC Limited has sanctioned ₹4.22 crore for the project, “Establishing 100 Smart Classrooms in 100 Government Schools in the Lakhimpur and Kaziranga regions of Assam.” The initiative aims to enhance the quality of education by integrating digital learning solutions into government schools and creating an engaging, technology-enabled learning environment for students. A Memorandum of Agreement (MoA) for the project was signed on July 2, 2026, at REC Limited’s Corporate…

Mumbai, June 2026 : Tata Group veteran Noel Tata on Tuesday announced that he will step down as Chairman of Voltas, marking the end of his tenure at the helm of the Tata Group’s leading cooling products company. The announcement comes less than a week after he revealed his decision to relinquish the chairmanship of Trent, another key Tata Group company. Addressing shareholders at Voltas’ 72nd Annual General Meeting (AGM), the 69-year-old said the meeting would be his final one…

New Delhi, June 2026 : US technology giant Apple is accelerating the rollout of software security updates as artificial intelligence (AI) enables cybercriminals to develop increasingly sophisticated hacking tools, according to company statements cited in media reports. The move marks a significant shift in Apple’s software update strategy, with the company planning to release important security patches much earlier than before instead of bundling them into major iOS updates. According to the reports, Apple believes that shortening the time between…

The Memorandum of Understanding (MoU) under the Government of India’s scheme for replacement of old trucks and buses in the Delhi–NCR region was signed today between the Ministry of Road Transport and Highways (MoRTH) and three OEMs of trucks and buses, including Eicher Trucks and Buses (business unit of VECV), Force Motors and Pinnacle Mobility Solutions. Under the agreement, the OEMs will provide an 8 per cent discount on the ex-showroom price of eligible trucks and buses purchased under the…

New Delhi, June 2026: After an 11-year stint with ride-hailing giant Uber, Prabhjeet Singh has stepped down as President of Uber India and South Asia and will join OpenAI as its Managing Director for India, marking a significant leadership transition in the country’s rapidly expanding artificial intelligence ecosystem. OpenAI, the company behind ChatGPT led by CEO Sam Altman, announced that Singh will assume his new role in September. He will report to Kiran Mani, Managing Director for Asia Pacific, and…

Ahmedabad, June 2026 : Adani Group Chairman Gautam Adani used the company’s Annual General Meeting (AGM) to present an ambitious vision for the conglomerate’s future, highlighting record investments, strong financial performance, major infrastructure milestones, and a growing focus on technology-driven growth. Addressing shareholders, Adani described FY 2025-26 as a defining year for the Group, marked by resilience, expansion, and a steadfast commitment to nation-building despite global uncertainties and intense scrutiny. Adani stated that the year witnessed significant geopolitical challenges, evolving…

June 2026 : There was a time till late 1990s when Mundra was easy to miss—a quiet fishing village on India’s western edge, with no highways, no industry, and little to signal its future. Yet history hints that this arid region of Kutch with its marshy coastline was never just an ordinary outpost. For nearly two centuries, it quietly punched above its weight, sending Kachchhi ships (vessels from Kutch) across the Arabian Sea and linking Gujarat’s markets with ports like…

New Delhi, June 2026 : Technology giant Apple may increase prices across some of its product lineup as rising costs of memory and storage components continue to squeeze profit margins, according to a report citing comments from outgoing Chief Executive Officer Tim Cook. Speaking to The Wall Street Journal, Cook said the company has been absorbing higher component costs for an extended period but may no longer be able to shield customers entirely from the impact of surging semiconductor prices.…

Mumbai, June 2026 : Reliance Jio Infocomm, India’s largest telecom operator, is reportedly preparing to file draft papers for its much-awaited initial public offering (IPO) valued at around $4 billion, marking a major milestone in the company’s journey toward becoming a publicly listed entity. According to a report by the Financial Times, the draft filing is expected within the next few days and could come ahead of Reliance Industries Chairman Mukesh Ambani’s annual address to shareholders on Friday. The annual…

New Delhi, June 2026 : Telegram founder and CEO Pavel Durov has said that the temporary suspension of the messaging platform in India ahead of the NEET-UG 2026 re-examination affected more than 150 million users across the country. In a post on social media platform X, Durov stated that India’s Ministry of Electronics and Information Technology imposed a one-week ban on Telegram after some users allegedly shared leaked examination questions on the platform. According to him, the suspension impacted a…