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By Amrita Bhatia , 19 June 2025
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Crude Oil Futures Edge Higher Amid Strength in Domestic Demand, Global Prices Hold Steady

Crude oil futures in India witnessed a modest uptick on Wednesday, with July contracts climbing Rs. 6 to settle at Rs. 6,305 per barrel on the Multi Commodity Exchange (MCX). The price movement was underpinned by heightened interest from traders, buoyed by firm spot market demand. This domestic strength came even as global benchmarks such as West Texas Intermediate (WTI) and Brent crude saw slight declines, trading at USD 74.81 and USD 76.31 per barrel respectively.

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  • Energy
  • Economy
By Geeta Maurya , 19 June 2025
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Wipro Infrastructure Engineering to Acquire Majority Stake in France’s Lauak Group, Creating Global Aerospace Powerhouse

Wipro Infrastructure Engineering (WIN), a leading Indian engineering and manufacturing solutions provider, has announced an agreement to acquire a majority stake in Lauak Group, a French aerospace parts manufacturer with a legacy spanning five decades. The transaction, revealed at the Paris Air Show, marks a strategic move aimed at expanding Wipro’s global aerospace footprint. While the deal's valuation and stake size remain undisclosed, the newly formed entity—Wipro Lauak—will operate under a joint governance model.

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  • Engineering
  • Infrastructure
  • Company News
By Amrita Bhatia , 19 June 2025
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AB de Villiers Calls for Reform in World Test Championship Format Amid Growing Scrutiny

As the cricketing world resets for the 2025–2027 World Test Championship (WTC) cycle, former South African captain AB de Villiers has voiced concerns about the fairness and structure of the competition. His remarks come in the wake of South Africa's recent WTC title win, which has ignited debates around the integrity of the format—particularly the points system and disparity in match schedules.

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  • Sports
  • Cricket
By Vrinda Chaturvedi , 19 June 2025
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Hina Khan’s Journey of Resilience: From Chemotherapy to Celebrating Life’s Small Joys

Actor Hina Khan has shared a touching update on her personal journey of recovery from cancer, delighting fans with photographs of her tying her hair into pigtails for the first time in over a year. The symbolic act marks a deeply emotional milestone following her chemotherapy-induced hair loss. Khan, who recently married longtime partner Rocky Jaiswal, opened up about the simple joy of regrowth and healing in a heartfelt Instagram post.

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  • Entertainment
  • Bollywood
  • Indian Celebrities
  • Television
By Vinod Pathak , 19 June 2025
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PNB Disburses Rs. 17.02 Crore Under Rakshak Plus Scheme to Families of Fallen Soldiers

Punjab National Bank (PNB), one of India's largest public sector lenders, has extended Rs. 17.02 crore in financial support to the families of 26 deceased defence and paramilitary personnel under its Rakshak Plus Scheme as of June 11, 2025. The initiative reinforces the bank’s dedication to the welfare of armed forces personnel and their dependents. By providing personal accident insurance up to Rs. 1.5 crore, the scheme reflects not only a financial commitment but a solemn tribute to those who have made the ultimate sacrifice in service to the nation.

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  • Banking
  • Defence
By Gurminder Mangat , 19 June 2025
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SS Rajamouli’s ₹50-Crore Varanasi Set Redefines Grandeur in Indian Cinema

In an era increasingly dominated by computer-generated imagery, visionary Indian filmmakers are returning to the roots of cinema with grand, tangible sets that challenge digital aesthetics. Director SS Rajamouli has reportedly constructed Indian cinema’s most expensive single set—a ₹50-crore recreation of Varanasi—within the confines of Hyderabad for his much-anticipated fantasy-action film, tentatively titled SSMB29. The move, while logistically strategic, underscores a growing preference among filmmakers to favor immersive authenticity over CGI.

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  • Entertainment
  • Bollywood
  • Indian Celebrities
By Gurleen Bajwa , 19 June 2025
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Juniper Green Energy Commissions 59 MW Solar Unit in Maharashtra Ahead of Schedule

Juniper Green Energy has successfully commissioned the 59 MWp solar portion of its 75 MW hybrid renewable energy project in Wardha, Maharashtra, a remarkable 17 months ahead of its scheduled deadline. The project, operating under a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), integrates both solar and wind power and is part of Juniper’s broader push to scale up clean energy infrastructure across India.

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  • Energy
  • Company News
By Vrinda Chaturvedi , 19 June 2025
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Rupee Slips to 86.57 Amid Geopolitical Uncertainty, Dollar Strengthens on Safe-Haven Demand

The Indian rupee continued its downward trend on Thursday, weakening by 14 paise to settle at Rs. 86.57 against the U.S. dollar in early trade. The depreciation comes as geopolitical tensions, risk-off market sentiment, and persistent demand for crude oil weigh on the currency. The greenback's resurgence—buoyed by its safe-haven status and the U.S. Federal Reserve’s mixed signals on interest rates—added further pressure. Analysts caution that the rupee may face continued volatility amid global headwinds.

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  • Economy
By Amrita Bhatia , 19 June 2025
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Suraksha Diagnostics to Invest Rs. 200 Crore in Expanding Imaging Infrastructure Across Eastern India

Suraksha Diagnostics has announced a strategic investment of Rs. 200 crore to establish more than 20 state-of-the-art imaging centres across eastern India, reinforcing its commitment to delivering quality diagnostic services beyond metro regions. Partnering with global technology firm United Imaging, the initiative will focus on expanding diagnostic access in tier-2 and tier-3 cities, enhancing affordability and clinical accuracy in underserved areas. This move follows the company’s successful Rs. 846.25 crore IPO in December, earmarked for expansion.

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  • Technology Sector
  • Company News
  • Healthcare
By Gurminder Mangat , 19 June 2025
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Pilani Investment Seeks Shareholder Nod to Raise Borrowing Cap to Rs 3,500 Crore, Transitions to Core Investment Company

Pilani Investment and Industries Corporation, a key financial arm of the Aditya Birla Group, will convene its annual general meeting on June 30 to seek shareholder approval for a significant expansion of its borrowing capacity to Rs 3,500 crore. This move accompanies several strategic developments, including the Reserve Bank of India's approval to transition the firm from a Non-Banking Financial Company (NBFC-ICC) to a Core Investment Company (CIC). The meeting will also address dividend distribution for FY 2024-25, with the board recommending a payout of Rs 15 per equity share.

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  • Financial Sector
  • India Business

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