Bangladesh clears major Adani Power dues with a ₹30 billion ($384 million) payment

In June 2025, Bangladesh made a significant payment of US $384 million (approximately ₹3,200 crore) to Adani Power, as part of its monthly commitment of $437 million. This payment covered the country’s “admitted” dues…

Mumbai Auto Union Launches ‘Yatri Mitra’, a Meter-Based Ride-Hailing App

On June 27, 2025, Mumbai witnessed the soft launch of a new ride-hailing app called ‘Yatri Mitra’, designed specifically for autorickshaw commuters. The app was launched in beta mode and…

India’s Mazagon Dock to Take Over Sri Lanka’s Colombo Shipyard in Major Deal

Mazagon Dock Shipbuilders Limited (MDL), a government-owned defence PSU based in Mumbai, has announced its first international acquisition – a controlling stake in Colombo Dockyard PLC (CDPLC), the largest shipbuilding…

ITC Records ₹34,000 Cr Consumer Spend in FY25 from Non-Cigarette FMCG Business

ITC today reported that consumer expenditure on its non‑cigarette FMCG brands reached over ₹34,000 crore in the financial year ending March 2025, marking a 4.6% growth compared to FY 2024. Business…

Bengaluru Startup Develops Drone Armed with AK-203 for Tactical Air Strikes

A Bengaluru-based defence startup, BSS Alliance (Bharat Supply and Service), has successfully developed a revolutionary drone system equipped with a firearm, making it capable of identifying and firing at targets…

“Despite Global Slowdown, India Rises to 3rd in Tech‑Startup Funding – Tracxn Report H1 2025”

India has surged to third place globally in tech‑startup funding during the first half of 2025, according to Tracxn’s latest report-leapfrogging Germany and Israel. Though overall investment dipped, India’s innovation…

Former ISRO Chief S. Somanath Joins Skyroot Aerospace as Honorary Chief Technical Advisor

Hyderabad, June 26, 2025 – In a significant development for India’s private space sector, Dr. Sreedhara Panicker Somanath, former Chairman of ISRO, has joined Skyroot Aerospace as their honorary Chief…

India’s Delivery Disruptor, Shadowfax, Preps for IPO Behind the Scenes

Shadowfax, one of India’s leading logistics startups, is quietly gearing up for a major milestone — its Initial Public Offering (IPO). The Bengaluru-based company is reportedly set to file its…

“Biggest risk of my life”: Mukesh Ambani reflects on Jio’s bold leap and why it was worth it

Mukesh Ambani, Chairman of Reliance Industries, recently opened up about what he calls the “biggest risk” of his career – the launch of Jio. Speaking at McKinsey’s Leading Asia series…

“My father said if you want to start business to be billionaire, you’re idiot”: Mukesh Ambani

In a recent interview with McKinsey & Company, Reliance Industries Chairman Mukesh Ambani shared a powerful piece of advice passed down to him by his late father, Dhirubhai Ambani, the…