Delhivery, one of India's leading logistics providers, has officially rolled out its On-Demand Intracity Shipping service in Delhi-NCR and Bengaluru following a successful pilot in Ahmedabad. The new service—accessible via the Delhivery Direct app—promises rapid local deliveries with pickup times as short as 15 minutes. With this expansion, Delhivery aims to offer both individual consumers and small to medium-sized enterprises (SMEs) a fast, cost-effective, and reliable logistics solution tailored to the dynamic demands of urban commerce.

Innov8, the co-working arm of OYO, has divested a 3% stake in its business, securing fresh capital at a valuation of Rs 1,000 crore to fuel its expansion plans. The Raymond Family Office emerged as the principal investor, acquiring nearly two-thirds of the stake on offer. This strategic move underscores the surging appetite for flexible workspaces, as corporates increasingly shift towards managed office solutions post-pandemic. Innov8, now profitable, aims to scale up to 100 centres by year-end, capitalizing on the growing trend.

Kalpataru Ltd, a leading player in India’s real estate sector, is gearing up for its much-anticipated Rs 1,590-crore initial public offering (IPO), scheduled to open on June 24. Backed by robust sales of Rs 3,201.98 crore during 2023-24, the Mumbai-based developer aims to strengthen its balance sheet and fund corporate initiatives through this fresh equity issue.

Sivasubramanian Ramann has officially assumed charge as the new Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA). Appointed by the Government of India for a five-year term, Ramann brings with him over three decades of public sector leadership experience spanning financial regulation, e-governance, and institutional development. His prior roles include senior positions at SEBI, SIDBI, and the Comptroller and Auditor General of India.

SastaSundar Ventures Ltd, a Kolkata-based digital healthcare firm, has unveiled an ambitious plan to invest Rs. 150 crore over the next two years in technology, warehousing, and generics-driven retail to steer the company back to profitability by FY26. This investment, primarily funded by proceeds from its Flipkart Health exit and internal reserves, will support the expansion of its B2C platform, the development of AI-powered healthcare tools, and the rollout of its generic medicines brand JITO.

In a significant boost to India’s defence manufacturing sector, Bengaluru-headquartered Axiscades announced a strategic agreement with European missile systems giant MBDA to set up a cutting-edge defence facility in Karnataka. The collaboration, formalized through Axiscades’ wholly owned subsidiary, Axiscades Aerospace and Technologies, will see the creation of a specialized unit at the Aerospace Park near Kempegowda International Airport, Bengaluru. The facility is set to house test laboratories, infrastructure for missile launchers, and sophisticated systems engineering capabilities.

Ola Group’s artificial intelligence subsidiary, Krutrim, has announced the acquisition of BharatSah'AI'yak, an AI-driven platform developed by technology consultancy Samagra. While the financial details of the deal remain undisclosed, the move includes the onboarding of Samagra’s core AI team. The acquisition is expected to significantly bolster Krutrim’s portfolio by integrating BharatSah'AI'yak’s proven capabilities — notably the KumbhSah'AI'yak chatbot, designed to assist pilgrims during Maha Kumbh 2025.

Veteran actor Sudhanshu Pandey, now a contestant on The Traitors, publicly condemned co-participant Apoorva Mukhija, also known as "The Rebel Kid", for her offhanded remark about seasoned actor Ashish Vidyarthi on the reality show. In a candid Instagram Live session, Pandey criticized Mukhija’s dismissive tone, calling it symptomatic of a deeper generational issue around respect for elders. His impassioned remarks ignited a broader discussion on digital etiquette, generational differences, and celebrity culture in India's OTT landscape.

Bajaj Markets, the fintech marketplace arm of Bajaj Finserv, has officially integrated with the Open Network for Digital Commerce (ONDC), significantly expanding its product ecosystem. This move allows the platform’s 16 million users to access a decentralized, open network offering over 1.5 lakh premium electronics and appliances—now available directly on the Bajaj Markets app and website. Known primarily for its financial services, Bajaj Markets is now positioned as a multifaceted digital commerce destination, blending e-retail with financial products.

In a dramatic turn at the reimagined Club World Cup, European supremacy in intercontinental football took a significant blow as Major League Soccer’s Inter Miami and Brazil’s Botafogo toppled two of UEFA’s elite clubs. Lionel Messi’s sublime free kick sealed a 2-1 comeback win for Inter Miami over Porto, while Botafogo executed a tactical masterclass to stun Paris Saint-Germain 1-0. These victories mark the first major challenge to Europe’s iron grip on the tournament since 2012 and could signal a broader rebalancing of global club football.