CBI has booked former employees of Tata Group's Tata Consulting Engineers (TCE) and Mumbai's Jawaharlal Nehru Port Trust (JNPT) in a ₹800-crore corruption and cheating scam that allegedly took place at India's largest container port. CBI uncovered inflated estimates and favouritism towards international bidders. The scam pertains to dredging, the removal of mud from bottom of a body of water.

A Guwahati-Chennai IndiGo flight was diverted to Bengaluru after it entered Chennai airspace on Thursday due to fuel shortage, TOI reported. The flight's pilot declared 'mayday' about 35 miles away from the Bengaluru airport. The pilot decided to "go around" and land the plane in Bengaluru after reportedly attempting to land in Chennai but failing to get permission for it.

Businessman and Karisma Kapoor's ex-husband Sunjay Kapur passed away on June 12 while playing polo match in UK. A video showing his final moments has surfaced online, showing medics trying to revive him by administering CPR on the field. According to reports, a bee flew into his mouth during the match, blocking his windpipe and leading to a heart attack.

Amar Nagaram, ex-CEO of Myntra, is leading a sustainable fashion revolution with Virgio. Launched in 2022, Virgio began as a fast-fashion brand but pivoted in 2023 to focus on circularity, zero-waste design, and ethical sourcing. With PETA certification, AI-driven demand forecasting, and eco-friendly materials, Virgio is setting new standards for conscious fashion in India.

From the narrow lanes of Kanpur’s tannery hub to 200+ stores nationwide, Red Chief is a story of grit, vision, and homegrown pride. Manoj Gyanchandani turned a modest leather export venture into a ₹324 crore brand by betting on India, owning the process, and redefining value. Red Chief proves that world-class brands can rise from India’s heartland.

Former staff of Tata firm Tata Consulting Engineers and India's largest container port Jawaharlal Nehru Port undertook an ₹800-crore scam. The officials choose deeper 15-metre vessel draft instead of 14-metre, causing ₹1,163-crore loss, and opted single rate for dredging of different rock types, causing ₹557-crore loss. The contractors undertook dredging for excess width, causing ₹964-crore loss.

Twelve IPOs will be launching next week to raise ₹15,800 crore. HDFC Bank's HDB Financial Services' ₹12,500 crore-IPO, Kalpataru's ₹1,590 crore-IPO, Ellenbarrie Industrial Gases' ₹852.53 crore-IPO, Sambhv Steel Tubes' ₹540 crore-IPO and Globe Civil Projects' ₹119 crore-IPO will open for subscription in the mainboard segment. Seven SME IPOs include AJC Jewel Manufacturers and Icon Facilitators.

India’s startup ecosystem is buzzing this June with game-changers across sectors. Spinny is redefining used car sales, POP is making UPI rewarding, and Blitz is pushing fast deliveries. From EV leasing (ALT Mobility) to neurodiversity care (Butterfly Learnings) and esports fantasy (FanClash), fresh ideas and major funding are powering a new wave of innovation.

Billionaire Jeff Bezos will marry his fiancée Lauren Sanchez in Venice in a $16-million (nearly ₹139 crore) wedding, The Telegraph reported. According to one detailed breakdown of wedding expenses, the duo will spend ₹8 crore on flowers and decoration of various venues, ₹26 crore on wedding planners and ₹17 crore on the venues. They'll spend ₹13 crore in Sanchez's dresses.

In 2020, a Gurugram techie couple, Lalit Arora and Dimy Arora, quit their jobs and started Melonleaf Consulting as a service-based IT firm. Today, it delivers a variety of tech solutions like salesforce services, product expertise, ERP/ETL solution, and digital solutions like generative AI. In FY25, they clocked an annual revenue of ₹7 crore.

Gujarat's Ksquare Energy is powering houses through affordable rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana. 5-year Zero Loss Guarantee compensates customers for solar failures over 48 hours. Founded by Kuldip Sorathiya with just ₹15,000, the startup made ₹74 crore in 2024. The startup aims for ₹1,000 crore by 2030.

Goa is fast becoming a tech and startup hotspot with its new Global Capability Centre and AI Excellence Hub. These initiatives aim to foster innovation, support deep tech startups, and develop local talent. Backed by strong policy support and infrastructure, Goa is positioning itself as a key player in India’s digital transformation and global entrepreneurial landscape.

A LinkedIn user mentioned a two-day in-person event organised by US-based startup incubator Y Combinator as "work experience" on their profile. "Here is what I achieved: Talked to a YC partner, Met founders of million dollar startups, Passed by the Cluely headquarters," the LinkedIn user wrote. "Hey, maybe don't do this," Y Combinator's President and CEO Garry Tan replied.

Gwalior-based home and kitchen brand HomeEssentials is reshaping Indian homes with design-first, space-saving products. Founded by brothers Tanishq and Divyam Jain in 2024, the D2C brand hit ₹10 crore in monthly revenue within a year. They recently raised $2.2 million from India Quotient and are launching offline stores across Delhi NCR.

Zerodha co-founder Nikhil Kamath has invested in One Hand Clap, a creative agency launched by ex-AIB members Aakash Shah and Naveed Manakkodan. With a focus on storytelling-led branding, the agency aims to disrupt India's growing digital ad space. Kamath’s backing highlights rising investor interest in the country’s creator economy and content-driven marketing for startups and D2C brands.

Chaos erupted at Patna airport after an Air India Express flight from Bengaluru landed without the passengers' luggage. Videos that surfaced online showed airline officials and flyers arguing after the latter followed airline's announcement and reached the luggage belt but didn't find their bags. The airline's staff reportedly told flyers their luggage was offloaded as rain added weight to cargo.

A Bengaluru woman sent a legal notice demanding compensation from the family which bought land from her father in 2006, saying she hadn't consented to the sale. In a Reddit post, buyer's child said the seller directly sold land, without power of attorney, for his daughter's wedding. They claimed the seller's son is nudging them to settle with his sister.

Turab Chimthanawala, who claims to be India's first visually-impaired company secretary, claimed that IndiGo staff at Mumbai airport mocked his request for assistance. He said the airline assigned an untrained staffer, who had to be guided to the boarding area by Chimthanawala's mother. "Staff whispered, gestured and mocked my request for help...Staff treated me like an inconvenience," he said.

The CBI on Saturday raided seven locations in Bihar and Jharkhand in an alleged ₹100-crore GST fraud case. CBI conducted searches at two locations in Patna, two in Purnea, and one each in Jamshedpur, Nalanda, and Munger. The case involves five customs officers, including the additional commissioner GST, Patna, who have been accused of claiming GST through bogus export bills.

Multiple ultra-wealthy individuals are planning to move out of Switzerland as the country is working on imposing a 50% inheritance and gift tax on wealth transfers above Swiss Francs 50 million (about ₹530 crore). Transfers to spouses and heirs would also not be exempted from the tax. A Zurich-based private banker said a top client has already relocated to Liechtenstein.

Israel's economy is under significant strain as the country is engaged in conflicts with Iran, Gaza-based Hamas and Yemen-based Houthis. According to a DW report, many people have been called up to fight, forcing them to temporarily leave jobs and adding to labour shortage. Many Palestinians' work permits have been cancelled and border crossings have become difficult, worsening labour shortages.

An Indian investor called Indians world's most overworked people and said they're so not by choice but by system. He said IIT aspirants study 10-12 hours/day, a practice which continues in adulthood, adding that root cause of this is survival instincts. "Many hardworking kids have no choice but to slog...because working hard is 100x better than entitled begging," he said.

In FY24, Chennai was the top recipient of CSR funds in Tamil Nadu. The district received ₹878.17 crore from 1,512 companies in the last fiscal year. The top three sectors of focus for CSR initiatives in the district were Education, Health and Environment. The top three spending companies donated ₹82.75 crore, ₹34.91 crore, and ₹31.96 crore.

India's net direct tax collections for the first quarter of the financial year 2025–26, up to June 19, stood at ₹4.59 lakh crore marking a decline of 1.39%. The net direct tax collections were ₹4.65 lakh crore during the same period last year. Gross direct tax collections (before refunds) stood at ₹5.45 lakh crore, up 4.86% from last year.

The RBI imposed a penalty of ₹29.6 lakh on Fino Payments Bank Limited for non-compliance with certain directions on Licensing of Payments Banks. "The bank breached regulatory ceiling of end of the day balance, as applicable for a payments bank, in certain accounts on several occasions," RBI said. The penalty, however, doesn't address validity of bank's customer transactions or agreements.