The National Payments Corporation of India (NPCI) has intensified its consumer awareness efforts on text message scams, urging digital payment users to stay alert against fraudulent SMSs designed to steal money and personal information. As digital payments become increasingly accessible across the country, NPCI said fraudsters are exploiting social engineering tactics that create urgency, fear…
Sun Pharmaceutical Industries Ltd. has reported a 27% year-on-year increase in consolidated net profit for the quarter ended June 30, 2026, supported by strong revenue growth and improved operational performance. The company’s net profit attributable to owners rose to ₹2,894.79 crore, compared with ₹2,278.63 crore in the same quarter last year. The company’s consolidated revenue…
Stayfree® has strengthened its growth strategy in India’s expanding feminine hygiene industry with the launch of the upgraded Stayfree® Secure XL, highlighting the increasing role of innovation and premium products in shaping consumer demand. The upgraded product introduces the ‘Pad Change Alert’ feature through the brand’s patented Double Leak Lock Technology, offering Double Protection for…
Chinese military-linked researchers have utilized outputs from leading American artificial intelligence models—including those developed by OpenAI and Anthropic—to build specialized domestic systems for defense, surveillance, and cyberwarfare. According to a review of over 80 academic papers and patents compiled by the Jamestown Foundation, Chinese security institutions are deploying a technique called “model distillation”. By training…
Billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) is evaluating the acquisition of a controlling stake in Associated British Ports (ABP), the United Kingdom’s largest port operator, in a transaction estimated at nearly $10 billion. The potential deal comes as major Canadian pension funds CPPIB and OMERS look to divest their combined 67%…
Tata Motors has temporarily halted production activities at its primary manufacturing hub in Sanand, Gujarat, following severe monsoon rainfall and severe localized flooding across the region. Unprecedented downpours over consecutive days led to substantial waterlogging along key access roads, surrounding industrial zones, and local supply corridors, disrupting workforce commutes and delaying incoming component shipments. While…
SBI Life Insurance has expanded its association with the Paralympic Committee of India (PCI), becoming the Principal Partner of the Indian contingent for the 2026 para sports season, a move that reinforces the insurer’s brand-building strategy through sports sponsorships and social impact initiatives. The company will also serve as the Official Life Insurance Partner of…
Delays in allocating preferential tariff rate quotas (TRQs) for gold imports under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) have left Dubai-based bullion exporters in uncertainty, disrupting legitimate precious metal trade corridors between the two countries. Under the bilateral trade pact, designated Indian importers are entitled to import fixed quantities of gold from the UAE…
ICICI Prudential Life Insurance Ltd. reported a 27.8 per cent year-on-year increase in profit after tax (PAT) to ₹386 crore for the quarter ended June 2026, supported by strong growth in its retail protection business and operational efficiencies. The insurer’s term insurance (retail protection) business grew 60.4 per cent year-on-year during the first quarter of…
Shriram Finance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 59.79% year-on-year to ₹3,444.6 crore, driven by healthy growth in lending and improved margins. On a sequential basis, profit increased 14.30%, reflecting sustained business momentum. Net interest income (NII) climbed 33.67% year-on-year to ₹8,055.7 crore, while total income…
