- Zuckerberg bets on Meta entering prediction markets with a new app to challenge Polymarket, Kalshi: Report June 23, 2026Meta chief Mark Zuckerberg has directed an internal team to build a standalone prediction markets app called Arena, the New York Times reported. The app would initially use a points system, with real money betting not ruled out for later.
- Shareholders quiz Infosys on AI hit as stock nears six-year low June 23, 2026Shares of India's second largest information technology service provider fell 3.4% on Tuesday, approaching a six-year low, despite the management sharing opportunities presented by the technology.
- Rashi Peripherals acquires 67% stake in VDA Infosolutions for ₹368.5 crore June 23, 2026While Rashi Peripherals is set to acquire a 67% stake initially, the balance 33% will be acquired over three years through a pre-defined mechanism.
- Honasa to acquire 58% stake in nutraceutical company Fluence Pharma June 23, 2026Honasa, which sells brands like Mamaearth and Aqualogica, will acquire the stake in two tranches over the next 5–7 years at a pre-aligned valuation construct
- Trent chair Noel Tata set to retire, leaving behind retail powerhouse June 23, 2026Tata has been associated with Trent since 1998. He took over as managing director in 1999 and led the company for over 11 years, helping expand Westside from a single store into a national retail chain built around private labels and an own-brand retail model.
- Govt draws up contingency plans for 315 districts amid 42% rain deficit June 23, 2026India faces a significant 42% rainfall deficit this monsoon, exacerbated by El Nino. The government is implementing contingency plans across 315 vulnerable districts, focusing on water conservation and crop diversification. While sowing is slightly ahead of last year, soybean planting lags. District-specific strategies are being deployed to mitigate potentia […]
- India-US trade talks gather pace as tariff clock ticks June 23, 2026India and the US are pushing for an interim trade pact, with high-level talks led by Piyush Goyal and Jamieson Greer aiming for a deal before July 24. Both nations emphasize a "win-win" partnership, with India seeking lower tariffs and better market access. Discussions focused on advancing negotiations for a balanced and mutually beneficial agreeme […]
- NITI Aayog proposes pharma chapter for future FTAs, urges India to move up value chain June 23, 2026Niti Aayog proposes a blueprint for free trade agreements to boost regulatory predictability in India's pharmaceutical sector. The think tank urges a shift towards high-value segments, emphasizing enhanced industry-academia collaboration for patent commercialization and startup incubation. While India is the 'pharmacy of the world,' it needs t […]
- India's private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMI June 23, 2026India's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted business. The composite PMI dipped to 57.4. While manufacturing output growth eased, both manufacturing and services PMIs saw declines. Despite this, businesses remain hopeful for future output, though overall confidence has we […]
- India to resume train coach exports to Bangladesh, first shipment since Sheikh Hasina's ouster likely in July June 23, 2026India is set to export a train rake of up to 20 coaches to Bangladesh next month, marking a significant resumption of trade. This shipment, manufactured at the Rail Coach Factory in Kapurthala, is part of a larger contract for 200 broad-gauge passenger coaches funded by the European Investment Bank. Despite a political delay, the project is now back on track […]
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