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๐Ÿ“… ArchiveMonday, 15 June 2026
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India Top Stories

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

Jewar Airport Opens: India's New Aviation Hub Takes Off With First IndiGo Flight

Noida International Airport launched commercial operations today with an IndiGo flight from Lucknow. Farmers who gave up their land for the project were among the first passengers to fly. The airport is designed to become a major aviation and cargo hub while easing pressure on Delhi's IGI Airport.

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NDTV๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

Sensex Jumps 1,100 Points As Oil Prices Drop On US-Iran Peace Deal

Indian stock markets surged sharply today, with the Sensex gaining 1,100 points, driven by falling oil prices following the announcement of a US-Iran peace agreement. Lower oil prices are a direct positive for India, which imports a large share of its energy needs.

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

NEET-UG Re-Exam Admit Cards Hit By Glitches, NTA Says Fix Is Underway

Students trying to download their admit cards for the NEET-UG re-examination ran into technical problems on the NTA portal. The National Testing Agency acknowledged the issue and said it was being resolved. No revised timeline for the fix was provided in the report.

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

India-France Eye Joint Development of Next-Generation Fighter Jet

India and France are moving toward co-designing, co-developing, and co-producing advanced defence platforms, with next-generation fighter jets as a key focus. The partnership follows France stepping away from a similar project with Germany. The collaboration aims to maximise manufacturing in India and build indigenous defence capabilities.

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The Hindu๐ŸŒ Global
15 Jun, 10:59 am

US and Iran Set to Sign Peace Deal on June 19, Hormuz to Reopen

The US and Iran have agreed to a peace deal expected to be signed on June 19, with Trump announcing the Strait of Hormuz will open on Friday. A 14-point draft agreement reportedly includes an immediate end to military operations, lifting of sanctions on Iranian oil exports, and a $300 billion reconstruction package. The deal also addresses a Lebanon ceasefire, though Israel has said it will not withdraw from Lebanon.

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The Hindu๐ŸŒ Global
15 Jun, 10:59 am

PM Modi at G7: India to Speak for the Global South in France

Prime Minister Narendra Modi said ahead of his trip to France and Slovakia that he will represent the aspirations of the Global South at the G7 summit. Modi said he is confident the visits will deepen India's engagement with Europe and the G7. The summit runs from June 15 to 17 and will also cover the war in Ukraine and next steps on Iran.

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NDTV๐ŸŒ Global
15 Jun, 10:59 am

US Warship Killed 3 Indians After 60 Warnings in 15 Minutes, Says US Military

The US Central Command said a vessel was warned 60 times over 15 minutes before the US struck it, killing three Indian nationals near Oman. The command said the ship had violated an ongoing US blockade. The full details of the nationalities on board and the circumstances remain limited in the report.

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The Hindu๐ŸŒ Global
15 Jun, 10:59 am

Google CEO Sundar Pichai Booed at Stanford Graduation as Students Walk Out

Several Stanford students staged a walkout and waved Palestinian flags as Google CEO Sundar Pichai began his commencement address at the university's 135th graduation ceremony. Over 20,000 people, including 3,600 students, attended the event. The protest was directed at Pichai during his speech.

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Business & Startups

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Inc42 Media๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

Razorpay Files Confidential IPO Papers to Raise $600 Million

Fintech giant Razorpay has filed its draft red herring prospectus (DRHP) for an IPO through the confidential route, aiming to raise $600 million. The confidential filing means the documents are submitted to regulators but not yet made public. This is a major milestone for one of India's most valuable fintech startups.

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

Tata's iPhone Parts Plant in Tamil Nadu Faces Shutdown Over Pollution Allegations

A Tata-owned factory in Hosur, Tamil Nadu that makes parts for iPhones is at risk of being shut down over allegations of wastewater discharge damaging local farmland. Inspections reportedly found contamination, and the Pollution Control Board has issued warnings. Tata says it complies with regulations and is committed to protecting the environment.

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

SEBI Takes Sahara Case to Supreme Court After Lower Tribunal Gives Relief to Managers

Market regulator SEBI has moved the Supreme Court against relief granted to managers of a Sahara Group entity in a case involving optionally fully convertible debentures (OFCDs). The tribunal had noted that the entity mobilised around โ‚น14,106 crore from nearly 1.98 crore investors through these instruments. SEBI is challenging the relief given to those who managed the scheme.

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Inc42 Media๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 10:59 am

Meesho Buys B2B Startup Kirana Club for โ‚น202 Crore in All-Cash Deal

Ecommerce platform Meesho is acquiring B2B commerce startup Kirana Club, which is backed by GSF, in an all-cash deal worth โ‚น202.08 crore (about $21.2 million). This signals Meesho's intent to expand deeper into the business-to-business commerce space. Kirana Club connects brands with small kirana stores across India.

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VentureBeat๐ŸŒ Global
15 Jun, 10:59 am

US Government Orders Anthropic to Cut Global Access to Its Most Powerful AI Models

The US government issued an export control directive ordering Anthropic to immediately suspend access to its top-tier Claude Fable 5 and Claude Mythos 5 models for foreign nationals, citing national security. In response, Anthropic blocked all public access to both models globally โ€” meaning no users anywhere can access them right now. Anthropic CEO Dario Amodei had previously warned publicly that these models posed risks to national security.

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mint - companies๐ŸŒ Global
15 Jun, 10:59 am

SpaceX IPO Valuation Stumps Investors โ€” Uday Kotak Calls It a Test of Capitalism

SpaceX debuted at $150 per share with a market cap of $1.77 trillion, a valuation that Kotak Mahindra Bank founder Uday Kotak says does not fit any traditional financial matrix. Kotak described the IPO as a major test of capitalism and framed the valuation as a bet on humanity's future and technological advancement. He questioned whether it is a fairy tale or a mega bubble.

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mint - companies๐ŸŒ Global
15 Jun, 10:59 am

UK Banks Report Fraud Spike After New Refund Rules Kick In

Britain's banks are seeing a sharp rise in fraud cases after new rules requiring banks to refund victims of authorised push payment fraud came into effect. The article reports that fraud cases have spiked following the introduction of these refund protections. Banks are now facing both higher fraud volumes and greater financial liability for reimbursing customers.

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VentureBeat๐ŸŒ Global
15 Jun, 10:59 am

Google Researchers Find a Way to Make AI Admit It's Guessing โ€” Instead of Making Things Up

Google researchers have introduced a technique called 'faithful uncertainty' that trains large language models to express when they are unsure, offering a best guess rather than confidently stating a falsehood. The approach is designed to reduce hallucinations โ€” the well-known problem where AI models invent facts โ€” while still giving useful responses. The research was published in a new paper.

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Stocks & Economy

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Yahoo! Finance๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:00 am

US-Iran Peace Deal Could Reopen Strait of Hormuz โ€” Big Relief for India's Oil Bill

US President Donald Trump announced a peace deal with Iran over the weekend, ending months of hostilities that had shut the Strait of Hormuz and triggered a global oil shock. Asian markets surged Monday, with Tokyo and Seoul benchmarks initially jumping more than 5%. Oil prices fell more than $4 a barrel on the news.

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Yahoo! Finance๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:00 am

US-Iran Peace Deal: Final Signing Set for June 19 in Switzerland as Markets Cheer

The US and Iran have agreed to end the war, with the official signing ceremony scheduled for June 19 in Switzerland. Trump confirmed the deal is complete, saying oil will flow again and that he 'never cared about regime change.' US stock futures surged and oil prices fell sharply on the announcement.

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CNBC๐ŸŒ Global
15 Jun, 11:00 am

Gold Hits 6-Month Low โ€” Bad News for Indian Households Sitting on Bullion

Gold has dropped to its lowest level of the year, weighed down by potential interest rate increases and weak technical signals. The metal is falling even as inflation fears rise, which is unusual behaviour for an asset typically seen as a safe haven.

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CNBC๐ŸŒ Global
15 Jun, 11:00 am

SpaceX Raises $75 Billion in the Biggest IPO Ever โ€” Here's What It Means for Investors

SpaceX sold 555.6 million shares at $135 each, raising $75 billion in the largest IPO on record, ahead of its Nasdaq debut. Prediction market traders on Polymarket put the odds of SpaceX closing above a $2 trillion market cap on debut day as likely. Early investors are sitting on some of the largest paper gains in venture capital history.

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CNBC๐ŸŒ Global
15 Jun, 11:00 am

S&P 500 Shut Out SpaceX โ€” What That Actually Means for Index Fund Investors

The S&P 500 index declined to include SpaceX after its record IPO, meaning trillions of dollars in index-linked retirement savings will not automatically own a slice of the company. The article explains what criteria the S&P 500 uses and why SpaceX did not qualify.

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Technology

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Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:01 am

India-Linked Orgs at Risk: Oracle PeopleSoft Zero-Day Is Leaking Gigabytes of Data

A critical zero-day vulnerability in Oracle's PeopleSoft software is actively being exploited, stealing gigabytes of data from hundreds of organizations worldwide. PeopleSoft is widely used by large enterprises, universities, and government bodies for HR and finance operations. The vulnerability is described as about as critical as they come.

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Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:01 am

Google Sues Chinese Cybercrime Ring That Used Gemini AI to Build Scam Websites

Google has filed a lawsuit against a Chinese cybercrime network accused of using Google's own Gemini AI to automate the creation of scam websites. The fraudsters allegedly targeted hundreds of thousands of people with these AI-coded scam sites. This is one of the first major legal actions against criminals who weaponised a mainstream AI tool.

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Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:01 am

SpaceX Goes Public โ€” and the Market Is Betting Big on Its AI Future

SpaceX has officially become a publicly traded company, and investors are valuing it not just as a rocket company but for its AI potential. The article notes that as of today, SpaceX is owned by investors who will want to see it make money. This is a landmark moment for the private space industry.

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Ars Technica๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:01 am

Jeff Bezos' New AI Startup Prometheus Is One of the Best-Funded in Physical AI

Jeff Bezos has launched a new startup called Prometheus focused on physical AI โ€” that means AI systems that interact with and act in the real world, not just software. The article describes it as one of the best-funded startups tackling this space. Details on exactly what Prometheus will build are covered in the report.

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Ars Technica๐ŸŒ Global
15 Jun, 11:01 am

Anthropic Shuts Down Its Fable and Mythos AI Models After US Government Order

Anthropic has shut down access to its Fable 5 and Mythos 5 AI models after a directive from the Trump administration's Commerce Department. The government is worried that a jailbreak of Fable 5 could pose a national security threat. Reports suggest the decision was partly triggered by Amazon's cybersecurity research and a conversation between CEO Andy Jassy and the White House.

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Ars Technica๐ŸŒ Global
15 Jun, 11:01 am

Ukraine Used Fully Autonomous Drones to Kill Soldiers โ€” A First in Modern Warfare

Ukraine has confirmed a test in which fully autonomous drones โ€” with no human in the loop โ€” were used to kill Russian soldiers. Full autonomy in lethal drones is rare, but Ukraine is actively installing AI modules on both drones and ground robots. This marks a significant escalation in the use of AI on the battlefield.

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Ars Technica๐ŸŒ Global
15 Jun, 11:01 am

$130 Billion Worth of AI Data Centre Projects Have Been Blocked by Public Protests This Year

Protests and community opposition have successfully blocked $130 billion in AI data centre projects across the world so far in 2026. The article notes this wave of wins is giving communities a taste of political power. Data centres are the physical backbone of the AI boom, and their expansion is running into real-world resistance.

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The Verge๐ŸŒ Global
15 Jun, 11:01 am

Microsoft Is Weighing a Full Spin-Off of Xbox Into a Separate Company

Microsoft is considering spinning off Xbox into an entirely separate company, according to a report from The Information. The company is also preparing significant layoffs in the Xbox division and is rethinking its next-generation Project Helix console. Microsoft has not ruled out any of these options.

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Geopolitical

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The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Indian Seafarers Caught in the Crossfire: What the Gulf War Meant for Them

The US-Iran conflict put Indian seafarers working in the Gulf region at serious risk, with three vessels attacked by the US Navy and sanctions imposed on some ships. India's ability to protect these workers was limited by the foreign-flag status of the vessels they served on. International maritime laws offer some protection, but the article raises hard questions about how much India could actually do.

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The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Oil Prices Drop, Indian Stocks Could Surge as US-Iran Deal Announced

A peace deal between the US and Iran sent global stock markets soaring while oil prices fell sharply. Japan's Nikkei jumped nearly 5% and South Korea's Kospi rose over 5.5%. The deal includes reopening the Strait of Hormuz, a critical shipping lane for global oil supplies.

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The Hindu๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Sundar Pichai's Stanford Speech Disrupted by Student Walkout

Over 20 students walked out as Google CEO Sundar Pichai began his address at Stanford University's 135th Commencement ceremony. The event drew more than 20,000 attendees, including 3,600 students. The article does not detail the specific reason for the walkout.

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BBC News๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Pakistan Named as a Key Broker in the US-Iran Peace Deal

The UN Secretary-General welcomed the US-Iran peace agreement and specifically praised Pakistan, Qatar, Egypt, Saudi Arabia, and Turkey for their roles in supporting the negotiations. Pakistan also claimed the deal includes Lebanon. The formal signing is set for June 19.

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The Hindu๐ŸŒ Global
15 Jun, 11:02 am

US and Iran Sign Framework Peace Deal, Strait of Hormuz to Reopen

The United States and Iran have announced a framework agreement to end their war, with the official signing scheduled for June 19. President Trump said the Strait of Hormuz โ€” a vital global oil shipping route โ€” will reopen on Friday. However, the deal leaves the most difficult nuclear questions for future negotiations.

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The Hindu๐ŸŒ Global
15 Jun, 11:02 am

G7 Summit Opens in France, Overshadowed by Trump and the Iran Deal

G7 leaders gathered in France on June 15 for a three-day summit, with the US-Iran peace deal and the war in Ukraine topping the agenda. The summit, described as a symbol of fragmentation in the global order, is being shaped heavily by the divisions Trump has introduced. Security around the venue was dramatically tightened amid expected anti-G7 protests.

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NYT > World News๐ŸŒ Global
15 Jun, 11:02 am

UK Seizes Russian 'Shadow Fleet' Oil Tanker in the English Channel

British forces intercepted and seized a Russian shadow fleet oil tanker, with the UK Defence Ministry saying it was the first time British forces had acted alone to stop such a ship. Russia uses these vessels โ€” a collection of tankers operating outside normal channels โ€” to move fuel and dodge Western sanctions. The seizure marks a significant escalation in Britain's enforcement of sanctions.

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NYT > World News๐ŸŒ Global
15 Jun, 11:02 am

Germany and Japan Are Rebuilding Their Militaries, 80 Years After World War II

Germany and Japan, once World War II allies who caused global devastation, are now rearming together under new pressures including threats from Russia and China. Both countries have significantly increased defence spending and are finding fresh reasons to cooperate militarily. The shift marks one of the most dramatic changes in global security in decades.

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Sports

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Deepti Sharma Breaks World Record as India Demolish Pakistan in T20 World Cup Opener

Deepti Sharma took a career-best 5/10 and became the highest wicket-taker in Women's T20 Internationals as India beat Pakistan by 64 runs at Edgbaston. Smriti Mandhana scored 68 off 44 balls and Richa Ghosh added 34 off 17 to power India to 170 for 6. Pakistan were bowled out for 106 in 17 overs.

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Ashwin Doubts India's T20 World Cup Chances Despite Crushing Pakistan Win

Ravichandran Ashwin said he is 'not sure they will go very far' after India's big win over Pakistan in the Women's T20 World Cup. He cited a lack of power-hitting depth compared to rivals like Australia and England. The win itself was built on Mandhana's 68, Richa Ghosh's 34*, and Deepti Sharma's historic 5/10.

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Dhiraj Bommadevara Wins Double Gold at Archery World Cup Stage III in Antalya

Dhiraj Bommadevara won both the recurve mixed team gold alongside Kumkum Anil Mohod and the individual recurve gold at the World Cup Stage III in Antalya. The mixed team gold is India's first in the recurve category since 2022. The article describes this as a personal best for Bommadevara.

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Times of India๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:02 am

Manpreet Singh Equals Hockey Legend Dilip Tirkey's Caps Record โ€” But India Lose to Netherlands

Manpreet Singh made his 412th international appearance for India, equalling Dilip Tirkey's all-time record for the men's hockey team. Despite strong goalkeeping from Suraj Karkera, India lost 2-3 to the Netherlands in their FIH Pro League opener after conceding a late penalty corner. It was a bittersweet milestone for the veteran midfielder.

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BBC Sport๐ŸŒ Global
15 Jun, 11:02 am

Hamilton Finally Wins for Ferrari in Barcelona, Silencing His Critics

Lewis Hamilton won the Barcelona-Catalunya Grand Prix, his first victory since joining Ferrari. The win came after a difficult debut season at the team that left him and others questioning his form. BBC Sport described it as a moment of personal redemption for the seven-time world champion.

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Times of India๐ŸŒ Global
15 Jun, 11:02 am

Germany Crush Debutants Curaรงao 7-1 in Emphatic World Cup Start

Germany beat Curaรงao 7-1 in their FIFA World Cup opener, with Kai Havertz and Julian Musiala among the scorers. Curaรงao made history by scoring their first-ever World Cup goal before Germany's quality took over. The four-time champions made a statement with one of the tournament's biggest wins so far.

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Times of India๐ŸŒ Global
15 Jun, 11:02 am

Japan Snatch Late Draw Against Netherlands in World Cup Thriller

Japan drew 2-2 with the Netherlands in their World Cup opener, with Daichi Kamada scoring a header in the 88th minute to rescue a point. Japan fought back twice after the Dutch took the lead, showing the resilience that has made them a fan favourite. The result leaves Group F wide open.

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BBC Sport๐ŸŒ Global
15 Jun, 11:02 am

Scotland's 20-Year-Old Ben Gannon-Doak Shines on Historic World Cup Return

Scotland returned to the men's World Cup for the first time in decades and beat Haiti, recording their first World Cup win in 36 years. Twenty-year-old Ben Gannon-Doak, who was not yet born when Scotland last played at the tournament, was the standout performer. The win marks a defining moment in Scottish football's recent resurgence.

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Social

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NPR๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:03 am

US-Iran Deal Could Slash Oil Prices โ€” Big News for India's Import Bill

The US and Iran announced a deal to end the war, with President Trump saying the Strait of Hormuz will reopen after the agreement is signed on Friday. Oil prices had already fallen sharply in anticipation of the deal. Trump also said the Strait will be 'permanently toll-free' under the agreement.

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The Guardian๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:03 am

Global Brands Including Amazon and Sony May Have Funded DRC Rebel Atrocities Through Coltan Supply Chains

An investigation by Global Witness found that leading global brands including Amazon, Ericsson, and Sony likely sourced coltan โ€” a mineral used in phones โ€” from supply chains controlled by M23 rebels in the Democratic Republic of Congo. The M23 militia is accused of sexual violence, summary executions, and torture. The companies allegedly acquired the smuggled mineral unknowingly.

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The Guardian๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:03 am

China Arrests US Academic on Espionage Charges โ€” A Warning Sign for Indian Researchers Too

China arrested US scholar Min Zin, who writes about Myanmar and Chinese foreign policy, on suspicion of 'engaging in espionage activities that endanger China's national security.' The arrest came just one month after Trump's visit to Beijing. China's foreign ministry spokesperson Lin Jian confirmed the detention.

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The Guardian๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:03 am

Attacks on Schools Worldwide Jump 40% โ€” A Global Education Crisis with South Asian Echoes

A new study by the GCPEA found over 8,556 attacks on education in 2024 and 2025, with at least 10,600 students and staff killed, injured, abducted, arrested, or otherwise harmed. Incidents were reported in 83 countries, with the highest cases in Colombia, the Democratic Republic of Congo, Ethiopia, and Haiti. The figure represents a 40% surge from previous periods.

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The New York Times๐ŸŒ Global
15 Jun, 11:03 am

US and Iran Sign Peace Deal โ€” Trump Says Strait of Hormuz Will Stay Open Permanently

President Trump announced that the US and Iran have reached a deal to end the war, and that he would remove the US blockade of the Strait of Hormuz. Trump described the Strait as 'permanently toll-free' under the new agreement. In a call to the New York Times, Trump also praised Russia's and China's leaders and called Israel's prime minister 'a very difficult guy.'

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The Guardian๐ŸŒ Global
15 Jun, 11:03 am

Philippines Earthquake Raises Seabed by 2 Metres, Killing Coral and Displacing Coastlines

A 7.8-magnitude earthquake off southern Mindanao island in the Philippines killed at least 61 people and raised the seabed by as much as 2 metres, the country's environment department said. At least 40 people are still missing. The 'coastal uplift' exposed coral reefs and caused significant marine damage, with residents reporting shorelines extended by up to 200 metres.

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The Guardian๐ŸŒ Global
15 Jun, 11:03 am

Trump's Immigration Crackdown Hits Hardest at Countries Most Vulnerable to Climate Change

A Guardian analysis found that most of the 39 countries facing US entry restrictions under Trump's immigration crackdown are among the world's most environmentally vulnerable. These are nations where people are most likely to be displaced by climate shocks. The analysis links Trump's immigration policy directly to the global climate crisis.

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The Guardian๐ŸŒ Global
15 Jun, 11:03 am

Man Killed as Kenyans Protest US Plan for Ebola Quarantine Facility on Their Soil

Kenyan police shot dead a man during a protest in Nanyuki, about 120 miles from Nairobi, against a proposed US Ebola quarantine facility for American citizens. Protest organiser Patrick Wahome told Reuters the man died from a gunshot wound to the head. Reuters reporters saw the body in a police van.

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HR & Workplace

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:04 am

Tata's iPhone Parts Plant in Tamil Nadu Faces Shutdown Over Pollution Allegations

Tata's iPhone parts manufacturing plant in Hosur, Tamil Nadu is at risk of shutdown over allegations of wastewater discharge harming local farmland. Inspections revealed contamination, and the Pollution Control Board has issued warnings. Tata says it complies with regulations and has pledged to protect the environment.

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:04 am

Jio Platforms Breaks Into Global Top 20 for Patents, Climbing 320 Places

Jio Platforms has entered the global top 20 in the WIPO PCT patent rankings, climbing 320 places on the chart. Managing Director Akash Ambani said the rise reflects years of work to transform Jio into a deep-tech company.

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:04 am

SEBI Takes Sahara Case to Supreme Court, Fighting Relief Given to Fund Managers

SEBI has moved the Supreme Court against relief granted to managers of a Sahara Group entity in a case involving optionally fully convertible debentures (OFCDs). The tribunal found that the company raised around โ‚น14,106 crore from nearly 1.98 crore investors through these instruments.

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mint - companies๐Ÿ‡ฎ๐Ÿ‡ณ India
15 Jun, 11:04 am

Uday Kotak Questions SpaceX's $1.77 Trillion IPO Valuation: 'Fairy Tale or Mega Bubble?'

Kotak Mahindra Bank founder Uday Kotak has publicly questioned SpaceX's IPO valuation, saying it does not fit any traditional financial matrix. SpaceX debuted at $150 per share with a market cap of $1.77 trillion. Kotak described it as a significant test of capitalism and a bet on humanity's future.

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HR Dive - Latest News๐ŸŒ Global
15 Jun, 11:04 am

20 US States Sue Trump Over Order Banning DEI Programs at Federal Contractors

Twenty state attorneys general have sued the Trump administration over an executive order targeting diversity, equity, and inclusion (DEI) programs at federal contractors. The plaintiffs argue the order blocks states' own efforts and is unclear about what it actually prohibits.

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mint - companies๐ŸŒ Global
15 Jun, 11:04 am

Anthropic's Own CEO Warned Its AI Was a Security Risk โ€” Then the US Government Banned It

Anthropic CEO Dario Amodei publicly warned that his company's Mythos 5 and Fable 5 AI models posed serious national security risks. The Trump administration then acted swiftly, ordering a block on foreign access to those models. Critics say Amodei's own statements gave the government the justification it needed.

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HR Dive - Latest News๐ŸŒ Global
15 Jun, 11:04 am

New York Passes Law to Fine Companies for Fake 'Ghost Job' Postings

New York has passed bill S8877, which would fine employers and third-party job platforms if their job postings do not include a timeframe for when โ€” or whether โ€” the role will actually be filled. The law targets so-called 'ghost jobs', listings that are never intended to be filled.

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HR Dive - Latest News๐ŸŒ Global
15 Jun, 11:04 am

Workers Spend as Much Time Fixing AI Output as They Do Producing Work

A survey by Glean found that for every hour an employee spends getting useful output from an AI tool, they spend another hour making that output actually usable. The finding suggests AI is adding work, not just cutting it.

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