Tamil Nadu Chief Minister M.K. Stalin intervened to resolve a business dispute between his nephews, Kalanithi and Dayanidhi Maran, concerning Sun TV Network shares. Dayanidhi had issued a legal notice accusing Kalanithi of unfairly acquiring profits, threatening legal escalation. Stalin’s mediation led to Dayanidhi withdrawing the notice, averting a public family feud.
Category: stories
Life Insurance Corporation (LIC) experienced a 14.60% YoY increase in individual premium for June 2025, surpassing the 12.12% growth of private life insurers. However, LIC’s total premium income declined by 3.43% to Rs 27,395 crore, while private sector players saw a 2.45% decrease to Rs 13,722 crore. LIC issued 12.49 lakh policies in June 2025.
Indian investigators have confirmed that the black boxes from last month’s deadly Air India crash, which killed 260 people, were not damaged and have yielded “good data,” countering earlier media reports. The Aircraft Accident Investigation Bureau shared this with lawmakers during a closed-door parliamentary panel. The probe is focusing on fuel control switches and engine…
GACM Technology’s board has greenlit a proposal to raise up to Rs 200 crore through a qualified institutional placement. The funds will be raised in one or more tranches, subject to necessary approvals. Additionally, the board finalized a share swap agreement and recently signed an agreement to acquire a 30 per cent equity stake in…
India is exploring alternatives to lithium-ion batteries for energy storage. Experts at India Energy Storage Week 2025 emphasized the need for diverse battery technologies. Vanadium Redox Flow Batteries and sodium-ion batteries are promising options. CO2-based CEAS storage and zinc-air battery technology are also under consideration. Thermo-mechanical systems like Liquid Air Energy Storage offer innovative solutions.
The Delhi High Court has restrained Kuku FM from releasing new episodes of five series. Pocket FM alleges copyright infringement. Pocket FM has filed a civil suit against Mebigo Labs, Kuku FM’s parent company. They are claiming repeated intellectual property infringement. Pocket FM seeks damages of Rs 85.7 crore. Pocket FM alleges Kuku FM copied…
Cyberstarts noted it has raised more than $1 billion in capital commitments across six funds. Its investment portfolio has nearly 30 investments to date, with most in seed, or early stage cybersecurity startups in firms that include Wiz – which is in the process of being bought by Google for $32 billion.
Czech Prime Minister Petr Fiala said the government acted after receiving a warning from the national cybersecurity watchdog, which noted a threat of unauthorised access to users data because the firm is obliged to cooperate with Chinese state authorities.
A US judge dismissed key fraud and product liability claims in nationwide lawsuits accusing Uber of failing to protect passengers from sexual assault. The decision, addressing 20 bellwether cases, may shape future litigation. Some claims over app design and driver disclosures remain intact.
During the press conference on Prime Minister Narendra Modi’s visit, Dammu Ravi, Secretary (East) noted that Namibia has become the first country in the world where the National Payment Corporation of India (NPCI) and the Namibian Central Bank have entered into a licencing agreement for the usage of UPI in Namibia in real-time payments.