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Elon Musk says Singapore's founding PM Lee Kuan Yew was a 'genius' - because of air conditioning

SINGAPORE, June 25 -- Tech billionaire Elon Musk has hailed Singapore's founding prime minister Lee Kuan Yew as a "genius", this time for his long-held belief that air conditioning was one of the most... Read More


Why PE firm Somerset is keen to invest in senior living space

New Delhi, June 25 -- Private equity firm Somerset Indus Capital Partners, which has so far taken exposure across hospitals, diagnostics, medical devices, pharma and allied domains in the healthcare s... Read More


Ex-Infosys CEO Vishal Sikka's New AI Venture Hang Ten Bags $32 Mn

India, June 25 -- Former Infosys CEO Vishal Sikka's new AI venture Hang Ten Systems has raised $32 Mn (Rs.302 Cr) in its seed funding round led by private equity (PE) giant Mayfield Ventures. The rou... Read More


TCI Express Ltd leads losers in 'B' group

Mumbai, June 25 -- Blue Cloud Softech Solutions Ltd, Panama Petrochem Ltd, Sedemac Mechatronics Ltd and Savita Oil Technologies Ltd are among the other losers in the BSE's 'B' group today, 25 June 202... Read More


Jindal Stainless appoints Kunjal Mehta as CFO

Mumbai, June 25 -- The appointment was approved based on the recommendations of the Nomination & Remuneration Committee and the Audit Committee, the company said in a regulatory filing. Following Meh... Read More


India set to approve Geely-backed investment as China ties thaw

New Delhi, June 25 -- India is set to approve a roughly $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Zhejiang Geely Holding Group Co., that would mark ... Read More


AAP's Saurabh Bhardwaj alleges "Emergency-like conditions," calls for protection of Constitutional institutions

New Delhi, June 25 -- Aam Aadmi Party (AAP) Delhi President Saurabh Bhardwaj on Thursday expressed hopelessness over the current state of India's democratic framework, alleging that the nation is expe... Read More


Oil & Natural Gas Corpn signs technical services contract with bp

Mumbai, June 25 -- After the technical services provider (TSP-1) contract for Mumbai High, Oil & Natural Gas Corpn (ONGC) and bp have signed a new technical services contract on 25 June 2026. Under th... Read More


Advik Laboratories' rights issue stayed by Delhi High Court

New Delhi, June 25 -- A Delhi court has temporarily stayed the proposed rights issue of Advik Laboratories following a petition by Fairplan Distributors Pvt. Ltd., a significant shareholder in the com... Read More


Indices trade with decent gains; FMCG share advance for 2nd day

Mumbai, June 25 -- The domestic equity benchmarks traded with minor gains in the mid- afternoon trade. The Nifty traded near the 24,100 level. FMGC shares advanced for second consecutive trading sessi... Read More