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Padma Bhushan Shekhar Kapur joins Studio Blo to shape future of AI in cinema
Updated : May 8, 2025

From Mr India to machine vision: This is Indian filmmaker will guide Studio Blo’s AI film ethics

The announcement, made on May 6, 2025, signals the studio’s ambition to lead the future of AI-driven storytelling with both innovation and accountability

The CoC for BPSL was led by State Bank of India and Punjab National Bank and included other lenders.
Updated : May 7, 2025

BPSL Committee of Creditors to meet over the next few days to decide course of action on SC ruling

PNB MD and CEO says banks have not made any provision, no question of repaying the amount for now

Indian gaming industry to touch Rs 66,000 crore by 2029
Updated : May 7, 2025

Indian gaming industry set to touch Rs 66,000 crore by 2029 with a growth rate of 14.5%: Pwc India Report

With 590 million gamers in India, the country has now become the second-largest mobile gaming market by downloads, with figures 3.5 times higher than the US or Brazil.

Out of Nifty 500 companies, 60% are from the manufacturing sector, and 40% are from the services sector.
Updated : May 6, 2025

Nifty 500 responsible for 45% of India’s carbon emissions: Analysis

India’s Nifty 500 firms emitted 1.78 billion tonnes of carbon dioxide equivalent in FY23, with manufacturing driving 98% of it, finds an analysis.

The book is currently under a storm in the backdrop of the government’s decision to terminate Subramanian’s tenure as executive director of the IMF, just six months before his term was to come to an end.
Updated : May 6, 2025

Calling it “invaluable”, Union Bank purchased copies of India@100 to distribute to customers, corporates, schools and libraries

All India Union Bank Employees’ Association writes to MD & CEO for explanation on expenditure

Union Bank under the scanner for Rs 7.25 crore book purchase order
Updated : May 6, 2025

Union Bank under scrutiny for purchasing over 1.8 lakh copies of ‘India@100’ for Rs 7.25 crore: Report

Union Bank of India placed the order ahead of the publication of former-CEA Krishnamurthy V Subramanian’s ‘India@100: Envisioning Tomorrow's Economic Powerhouse’. 

Unlike professions where experience is a badge of honour—like law and medicine—corporate roles now view seniority as an overhead.
Updated : May 6, 2025

'No one wants to hire you after 40': Investment banker’s chilling insight for executives in India

Companies are quietly building parallel teams staffed by younger, cheaper employees who work longer hours and stay current with the latest tools and trends.

JSW Steel, for its part, has stated it is currently reviewing the Supreme Court order before deciding on its next steps.
Updated : May 5, 2025

Centre reviewing SC verdict on JSW Steel’s ₹19,700 crore Bhushan Power resolution plan

The Supreme Court, in a verdict delivered on April 2, quashed the resolution plan that had been previously approved by the Committee of Creditors (CoC), the National Company Law Tribunal (NCLT), and the National Company Law Appellate Tribunal (NCLAT).

 The potential listing of KCM in the US is part of Vedanta’s effort to unlock value and attract long-term capital for growth across its critical mineral operations.
Updated : May 4, 2025

Vedanta’s ‘gold mine’ in Zambia may soon be on Wall Street. Here's what is planned

With global demand soaring, Vedanta’s KCM stands out as a rare, scalable, high-grade asset that aligns with both geopolitical and sustainability imperatives.

Pranav Adani
Updated : May 3, 2025

SEBI alleges Pranav Adani violated insider trading norms: Report

In a response to Reuters, Pranav Adani maintained that he “has not violated any securities law” and is pursuing a settlement “to put an end to the matter, without admission or denial of the allegations.”

On investing, Buffett reiterated his belief that active investing is inherently opportunistic and not suited for the passive investor.
Updated : May 3, 2025

'Big mistake...': Warren Buffett warns 'trade should not be a weapon' as tariff war rattles markets

"In my view, when you have seven and a half billion people that don’t like you very well, and you got 300 million that are crowing in some way about how well they’ve done — I don’t think it’s right, and I don’t think it’s wise,” Buffett said.

In its filing, Berkshire cited a “challenging environment” influenced by tariffs introduced under President Donald Trump, along with other global uncertainties.
Updated : May 3, 2025

Berkshire Hathaway Q1 results: Operating profit slumps by 14%, flags tariff risks

Berkshire’s cash hoard ballooned to a fresh record during the first quarter, climbing to more than $347 billion from around $334 billion at the end of 2024.

Despite the margin concerns, Setty noted that credit growth remains healthy across all segments.
Updated : May 3, 2025

SBI bracing for a squeeze on margins from further RBI rate cuts: Chairman CS Setty

Setty explained that a portion of SBI’s lending portfolio gets repriced immediately following a policy rate cut, while deposits take around 12 to 18 months to reflect the change. “This lag impact will be having some margin pressure,” he said.

Berkshire Hathaway confirmed on April 30 that its 2025 Annual Shareholders Meeting will take place on May 3 in Omaha.
Updated : May 3, 2025

Berkshire Hathaway shareholder meeting 2025: Warren Buffett’s possible final shareholder Q&A. Where to watch

The 94-year-old investing legend is expected to address critical topics, including succession planning and shifts in Berkshire’s closely watched portfolio.

The bank’s board announced a dividend of ₹2.50 per share. 
Updated : May 3, 2025

Kotak Mahindra Bank Q4 Results: Standalone profit falls 14% YoY to Rs 3,552 crore

Despite the spike in provisioning, Kotak’s asset quality improved marginally. Its gross non-performing asset (GNPA) ratio stood at 1.42% as of March 31, 2025 compared to 1.50% at the end of December 2024. 

The bank’s net profit for FY25 stood at ₹70,901 crore, witnessing a growth of 16.08 percent YoY.
Updated : May 3, 2025

SBI Q4 results: Lender reports 10 percent drop in standalone net profit at ₹18,642.59 crore

The state-run lender’s operating profit for FY25 crossed ₹1 lakh crore and grew by 17.89 percent year-on-year (YoY) to ₹1,10,579 crore while operating profit for Q4FY25 grew by 8.83 percent YoY to ₹31,286 crore. 

JSW Steel had acquired BPSL as part of its aggressive expansion plan and invested ₹3,500–4,500 crore post-acquisition to expand capacity from 2.75 MT to 4.5 MT
Updated : May 3, 2025

JSW’s ₹19,700 crore Bhushan blow: What triggered it and what we know so far

CLSA noted BPSL accounts for 10–11% of JSW’s FY25–27 EBITDA and highlighted the $800/tonne investment made for 3.5 MT of capacity. Morgan Stanley called the verdict “materially negative,” citing BPSL’s key role in JSW’s growth strategy.

In a bid to offer greater transparency, the company introduced a new metric in its annual report—Net Order Value (NOV), defined as Gross Order Value (GOV) minus discounts.
Updated : May 2, 2025

Eternal’s price war push: Profits dip as NOV shrinks with deep discounts across Zomato, Blinkit

In food delivery for Zomato, cash burn rose from Rs 1,336 crore in Q1 to Rs 1,568 crore in Q4, reflecting continued discounting amid slowing demand. Blinkit, its quick commerce arm, saw burn more than double, from Rs 862 crore in Q1 to Rs 2,059 crore in Q4

Although JSW Steel was declared the successful resolution applicant, the deal was entangled in legal hurdles from the outset.
Updated : May 2, 2025

Bhushan Steel and Power: SC rejects JSW Steel's resolution plan, orders liquidation

JSW Steel acquired a 49 per cent stake in BPSL through the Insolvency and Bankruptcy Code (IBC) route in 2021, beginning its acquisition journey. The acquisition had added 2.75 million tonnes per annum (mtpa) of steelmaking capacity to JSW’s portfolio.

Air India has been significantly affected by this airspace ban as it operates numerous long-haul flights to Europe, the United States, and Canada, frequently crossing over Pakistani airspace.
Updated : May 1, 2025

Air India warns of $600 million hit from Pakistan airspace ban, seeks govt support: Report

In a letter dated April 27 addressed to the Civil Aviation Ministry, the airline requested a “subsidy model” to help cushion the blow, projecting an annual loss of over Rs 50 billion due to longer flight routes and higher fuel consumption.

Mahindra second-largest automaker for third straight month
Updated : May 2, 2025

M&M becomes 2nd largest automaker in April; Tata Motors, and Hyundai India trail

Mahindra & Mahindra, the country’s largest sports utility (SUV) manufacturer, became the second-largest automaker in April.

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