Business
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Current Raises $80M Series E, Reaches $1.5B Valuation
Fintech Current secures $80M Series E funding, valuing the company at $1.5B. Funds to fuel AI-driven innovation and expansion.
India’s May Inflation Hits 3.93%, Driven by Food & Fuel
India’s retail inflation rose to 3.93% in May 2026, the fourth consecutive monthly increase, primarily due to higher food and fuel prices. Remains within RBI target.
Shakti Pumps Invests ₹10 Cr for 2.2 GW Solar Plant in MP
Shakti Pumps invests ₹10 crore in its subsidiary, Shakti Energy Solutions, to build a 2.20 GW high-efficiency solar manufacturing plant in Madhya Pradesh, boosting India’s renewable energy sector.
Magnum Ice Cream Splits from Unilever, Aims for Global Leadership
Magnum Ice Cream officially demerges from Unilever, launching as an independent global leader focused on innovation and market expansion.
Goel Construction to Attend PhillipCapital Investor Meet
Goel Construction Company Ltd. will attend PhillipCapital’s ‘India Inc. Unplugged’ investor conference in Mumbai on June 23, 2026. No price-sensitive information will be shared.
Record OS: Wise Alumni Raise £1.5M for Tax Compliance Platform
Record OS, founded by ex-Wise employees, secures £1.49M pre-seed funding to simplify tax compliance for the self-employed and landlords.
PB Fintech: Building India’s Trust-First Insurance & Healthcare Ecosystem
PB Fintech, parent of Policybazaar & Paisabazaar, is creating a trust-first financial ecosystem in India, targeting insurance & healthcare for 500M by 2047.
Asian Markets Rise: Eased Iran Tensions Boost Seoul, China Stocks
Asian markets surged Friday, driven by eased US-Iran tensions and falling oil prices. Seoul shares soared over 4% as foreign investors returned.
FIIs Sell Equities, Buy Debt: NSDL Data June 12
NSDL data reveals FIIs were net sellers in Indian equities and net buyers in the debt market as of June 12, with significant activity in debt segments like FAR.
SpaceX IPO: $75B Listing Shatters Saudi Aramco Record
SpaceX’s $75 billion IPO, doubling Saudi Aramco’s record, positions Elon Musk for trillionaire status. Explore the future of space exploration and AI.
Kirloskar Ferrous Appoints Pallavi Gokhale as Independent Director
Kirloskar Ferrous Industries Ltd. appoints Pallavi Gokhale as Additional Independent Director, strengthening corporate governance and risk management with her extensive expertise.
Rylo Leads $319.7M Africa & ME Tech Funding Surge
Israeli AI firm Rylo leads a $319.7M funding surge in Africa & Middle East tech. Investments focus on AI, fintech, and cybersecurity.
Flipkart Strengthens Tech Leadership in AI & Fintech
Flipkart appoints Goda Ramkumar and Mohan Palisetti to lead AI, Data Science, Fintech & Payments Engineering, enhancing customer & seller experiences in India.
Indian Markets Rally 2% on Easing Mideast Tensions; Banks Lead
Indian markets Nifty & Sensex jump 2% as U.S.-Iran tensions ease. Banking and financial stocks lead the broad-based rally, boosted by positive geopolitical sentiment and strong bank credit growth.
VoiceComm & Huawei Launch AI Platform to Boost China’s Tech Sector
VoiceComm and Huawei partner to launch a new AI platform, integrating advanced AI into Chinese businesses to boost productivity and enhance customer communication across sectors.
NLC India Stock Surges on Mineral Block Win & Record Profits
NLC India shares rally over 2.7% after securing a key mineral block in Telangana, buoyed by record Q4FY26 revenue and profit growth.
Virinchi Seeks Shareholder Approval for ₹90 Cr Related Party Transactions
Virinchi Limited is seeking shareholder approval via postal ballot for ₹90 crore in material related party transactions with subsidiaries, crucial for SEBI compliance.
PB Fintech: Building India’s Trust-First Insurance & Healthcare Ecosystem
PB Fintech is pioneering a trust-first ecosystem in India’s insurance and healthcare sectors, driving financial inclusion and supporting national development goals.
Flipkart Strengthens Tech Leadership with AI & Fintech Hires
Flipkart enhances its tech leadership with new AI and fintech executives, aiming to boost AI solutions and payment infrastructure for its growing ecosystem.
GNG Electronics Promoter Sells 3.94% Stake for Rs 175 Cr
GNG Electronics promoter Vidhi S Khandelwal divests 3.94% stake for Rs 175 crore to comply with SEBI’s Minimum Public Shareholding norms.
Spain Business: Company Formations Down 2%, Dissolutions Up 24.9%
Spain’s April 2026 saw a 2% drop in new company formations & a 24.9% surge in dissolutions. Subscribed capital for new entities rose 20.2%.
Constronics Infra FY26 Profit Qualified Due to Cash Seizure
Constronics Infra reports FY26 net profit of ₹310.61 lakh, but auditors issue a qualified opinion over an unprovisioned ₹5.87 lakh cash seizure. Quarterly profit also drops.
Crypto Fuels Human Trafficking Surge: 85% Rise
Chainalysis report: Crypto flows to human trafficking services surged 85% in 2025, reaching hundreds of millions, driven by illicit Southeast Asian ecosystems.
MTN Nigeria & Uganda Fintech Spinoffs Nearing Completion
MTN Group finalizes fintech spinoffs in Nigeria & Uganda, opening doors for strategic investors like Mastercard to acquire up to 30% stakes, boosting mobile money and lending.
Flipkart Hires AI, Fintech Leaders in India
Flipkart strengthens its tech leadership in India with strategic hires in AI, data science, and fintech to enhance customer and seller experiences.
Gujarat Inject Kerala Secures Rs 14.49 Cr Solar Order, Shares Surge
Gujarat Inject Kerala’s shares hit upper circuit after securing a Rs 14.49 crore solar panel order from DEON ENERGY. Execution by June 2026.
Accord Transformer & Gujarat Inject Kerala Win Major Orders
Accord Transformer secures Rs 1.03 Cr order from Jabalpur Municipal Corp. Gujarat Inject Kerala bags Rs 14.49 Cr solar panel deal from DEON ENERGY.
Indian Markets Rally: Telecom & Industrials Lead Gains
Indian equity markets surge with Sensex up 0.98% to 74558.69, driven by strong buying in Telecom and Industrials. Positive Asian cues and US-Iran peace hopes boost investor confidence.
Johnson Pharmacare Company Secretary Resigns
Johnson Pharmacare Limited announces resignation of Company Secretary Neha Srivastava, effective June 11, 2026, citing personal reasons. Disclosure made to Bombay Stock Exchange.
India’s Quick Commerce: Smallcaps Drive Growth in Logistics & Tech
Discover how smallcap companies in logistics, packaging, and supply chain tech are fueling India’s booming quick commerce sector. Key players revealed.