Author: News Desk

Tamil Nadu Chief Minister C Joseph Vijay met Prime Minister Narendra Modi in New Delhi on Wednesday in a politically important meeting that comes just weeks after assuming office and nearly 12 years after their last known interaction. High-profile meeting sparks political discussion The meeting took place at Seva Teerth in the national capital and lasted around 25 minutes. The interaction quickly drew attention amid growing interest over the changing political dynamics between the Centre and Tamil Nadu’s new leadership. Following the meeting, Vijay arrived at Tamil Nadu House in Delhi, where he was welcomed with a ceremonial guard of…

Cash logistics companies responsible for ATM replenishment have approached banks, warning of a sharp rise in operating expenses driven by fuel inflation, wage increases, and compliance costs. The industry estimates overall costs could jump by 15–20% in the near term, prompting calls for a revision in ATM interchange fees. Industry flags rising fuel and wage burden In a representation to the Indian Banks’ Association (IBA), the Currency Cycle Association (CCA), the sector’s self-regulatory body, said day-to-day operations are being significantly impacted by external cost pressures. Fuel prices, the association noted, have continued to rise amid geopolitical tensions and volatility in…

Shares of One 97 Communications, the operator of Paytm, rose 1.07% on Tuesday, May 26, hitting an intraday high of ₹1,109.20 after the company announced fresh overseas investment through its subsidiary. Paytm Cloud Technologies to fund European arm The company said its wholly owned subsidiary Paytm Cloud Technologies will invest €9 million in Paytm Europe Payments S.A., its European payments entity. The investment will be made through subscription to 9 million equity shares of €1 each. The move is aimed at strengthening the capital base of the European subsidiary to support its business requirements. The transaction is expected to be…

Bharti Airtel emerged as the top performer in subscriber additions across telecom segments in April, adding 34.82 lakh net new users, according to the latest Trai data released on Tuesday. The company also edged past Reliance Jio in net gains within the wireline category during the same period. India’s telecom base hits new peak India’s total telecom subscriber base rose by 69.5 lakh in April, reaching an all-time high of 133.75 crore. The Telecom Regulatory Authority of India (Trai) noted that the total number of telephone users increased from 133.06 crore in March 2026 to 133.75 crore in April 2026,…

Zee Entertainment Enterprises Limited is reportedly entering the race for FIFA broadcast rights as it accelerates expansion in India’s growing sports media market. The company has also launched a new sports broadcasting initiative called Unite8, aimed at strengthening its presence in live sports entertainment and premium sports content. Industry reports suggest Zee is looking to secure major global sports properties as competition intensifies among broadcasters and streaming platforms for high-value sports rights. FIFA tournaments remain among the world’s most commercially valuable sporting events, attracting massive television and digital audiences globally. The launch of Unite8 sports channels signals Zee’s renewed push…

The Quad alliance comprising India, the United States, Japan, and Australia is reportedly planning to mobilise nearly $20 billion for projects linked to critical minerals and rare earth supply chains. The initiative is aimed at strengthening access to strategic resources essential for semiconductors, electric vehicles, batteries, defence systems, and clean energy technologies. The proposed investment push comes amid growing global competition over critical minerals, especially as countries seek to reduce dependence on China, which dominates large parts of the rare earth processing and supply chain ecosystem. Analysts say the Quad initiative could significantly reshape global mineral sourcing and technology manufacturing…

India’s two largest airlines, Air India and IndiGo, are reportedly preparing to reduce domestic flight operations for nearly three months starting June 1. Reports suggest the move is aimed at managing rising aviation turbine fuel costs and weaker travel demand following the summer holiday season. According to reports, Air India may reduce domestic capacity by up to 15%, while IndiGo could cut services by around 5% to 7%. Industry observers say the aviation sector is facing pressure from surging fuel prices linked to geopolitical tensions and disruptions in West Asia. Higher jet fuel prices have become a major challenge for…

Indian Railways has approved the operation of India’s first hydrogen-powered train on the Jind-Sonipat route under the Northern Railway zone. The 10-coach DEMU train will run using hydrogen fuel cell technology and operate at a maximum speed of 75 kmph. The approval marks a major step in India’s push toward cleaner and more sustainable rail transportation. Unlike conventional diesel trains, hydrogen-powered trains generate electricity through fuel cells and emit only water vapour, significantly reducing carbon emissions. Officials said the project received clearance after technical and safety evaluations conducted by railway authorities. Commercial operations are expected to begin after final compliance…

Byju’s founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court in a contempt case linked to alleged non-compliance with court orders concerning company-related assets. The court found that multiple directives issued since April 2024 were not followed, leading to the latest legal setback for the embattled edtech entrepreneur. As part of the order, Raveendran has reportedly been directed to surrender before authorities, pay legal costs of around S$90,000 (about US$70,500), and submit documents proving his ownership of Beeaar Investco Pte, a Singapore-based entity that reportedly held shares in a related company. The case…

Kerala Chief Minister V. D. Satheesan on Tuesday held his first official meeting with Narendra Modi after assuming office earlier this month. The meeting took place in New Delhi and focused on Kerala’s financial situation, infrastructure projects, and Centre-state cooperation. During the discussions, Satheesan reportedly sought additional financial support for Kerala and requested greater borrowing flexibility linked to National Highway land acquisition expenses borne by the state government. Officials said the Chief Minister also raised several major development priorities, including infrastructure expansion, pending central assistance, and long-term economic support for Kerala. Satheesan later met Union Finance Minister Nirmala Sitharaman to…