Adani Group and Jabil Inc. on Monday announced plans to form a strategic alliance to establish a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting large-scale production of AI-ready hardware for domestic and global markets. The proposed alliance will combine Jabil’s engineering and advanced manufacturing capabilities with Adani Group’s infrastructure, green … Read more
“With the regulatory environment becoming more conducive and new pools of investor capital attracting these asset classes, the growth runway for Reits and InvITs is significant. At a time when investors globally are reassessing portfolio construction amid structurally higher interest rates, stable, income-generating structures such as Reits and InvITs are emerging as one of the … Read more
Fintech Razorpay has confidentially filed draft papers for an Initial Public Offering (IPO) likely sized at around $600 million, a source aware of the matter told Reuters on Monday (June 15, 2026). The confidential route allows IPO-bound firms to keep their filings private until the launch of the public issue. The Bengaluru-based firm, backed by … Read more
China has moved ahead of Elon Musk‘s ‘Jesus-level technology’ Neuralink in the race to commercialise brain-computer interface technology, approving what is being described as the world’s first commercially available brain chip after successful clinical trials.The coin-sized implant, called NEO, has become the first surgically implanted brain-computer interface (BCI) device to clear clinical testing for commercial … Read more
HUL, India’s biggest FMCG company, has been underperforming—in the last three years, the company’s shares tanked 20% even as the benchmark NIFTY 50 gained 24% during the same period. What can CEO Priya Nair do to revive the giant? Source link
In January 2026, Godrej Industries (GL) had formed a new subsidiary Godrej Investment Ltd (GIL). Now under GIL it has launched group’s wealth management business, Godrej Wealth with a target to build assets under management of Rs 1,00,000 crore by 2031. The platform will focus on HNI clients with investable assets of Rs 2 crore … Read more
Reid Hoffman, the venture capitalist and co-founder of LinkedIn, has announced his departure from Microsoft’s board of directors later this year, citing a desire to dedicate his attention to a new artificial intelligence-focused drug-discovery venture. The announcement is a significant shift in Hoffman’s portfolio of responsibilities and marks the end of a seven-year tenure at … Read more
As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting. Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience.The … Read more
Markets regulator Sebi on Wednesday banned Rajesh Mehta, CMD of Rajesh Exports from dealing in the shares of the company till further orders. In its interim order, Sebi also directed Rajesh Exports to cooperate with the regulator’s investigating officer and forensic auditors to look into the books of the company.Sebi’s initial investigations showed that the … Read more