Eric Trappier, Rafale-maker Dassault's CEO, said Pakistan's claim of shooting down three Indian Rafale jets during Operation Sindoor is "inaccurate". Seemingly agreeing to CDS General Anil Chauhan's statement on Operation Sindoor, Trappier said, "Mission's success isn't having zero losses, it's having achieved its objectives." "When the truth comes out, some people may be surprised," he added.

After Air India's Boeing 787-8 Dreamliner crashed in Ahmedabad, Air India on Saturday announced that it's in the process of completing the one-time safety checks on all its Boeing 787 fleet as directed by DGCA. "Air India has completed such checks on nine...Boeing 787 aircraft and is on track to complete this process for the remaining 24 aircraft," it added.

Cyient Semiconductors and MIPS have partnered to develop custom RISC-V-based ASIC and ASSP solutions for automotive, industrial, and data centre applications. Combining MIPS's Atlas processor IP with Cyient's design expertise, the collaboration enables real-time, power-efficient, and safety-critical systems, offering OEMs faster time-to-market and freedom from proprietary lock-ins.

The Nifty India Defence Index, up 48% from March to May, surged 35% from May 9 to June 6 but has since corrected 6%. It now nears its 20-DMA at 8,641, a key support level. A break below may lead to 8,232, while resistance lies at 8,861–8,880. Bearish RSI and MACD signals suggest the next sessions are crucial.

A non-profit foundation has donated two ambulances to the Health Department of Jammu & Kashmir under its CSR initiative. These will enhance emergency medical response and ensure timely access to healthcare facilities for residents of 512 remote villages of Kathua district. The aim is to strengthen last-mile healthcare delivery and ensure that underserved communities are not denied critical care.

SG Mart has entered the renewable energy sector with its solar module mounting structures under APL Apollo SunSteel. It has secured ₹266 crore in confirmed orders from Independent Power Producers (IPPs). Leveraging its steel sourcing and distribution strength, the company has begun deliveries, aligning with its strategy to diversify into high-growth sectors like renewables.

Viviana Power Tech has been confirmed as the L1 successful bidder for major turnkey project from GETCO under the Kisan Suryoday Yojana. The project involves the supply, erection, testing, and commissioning of 66kV transmission line. The company secured a contract worth ₹3.93 crore from Mundra Petrochem Ltd for 66kV and 33kV transmission line works related to the Green PVC Project.

Crompton Greaves Consumer Electricals secured a ₹100.68 crore order from Maharashtra Energy Development Agency under the PM-KUSUM scheme. The project involves supplying and installing 4,500 off-grid solar water pumps across Maharashtra. The work includes design to commissioning and is scheduled for completion within 90 days from the issuance of the work order.

Crude oil prices rose 13% intraday within hours after Israel attacked Iran. For India, tensions may rise as disruptions to critical chokepoint Strait of Hormuz, located between Iran and Arabian Peninsula which handles significant portion of crude and LNG trade, may affect oil shipments to India from its largest suppliers. Such disruptions could also affect Indian exports' costs and deliveries.

Sterlite Technologies surged 16.95% after winning a ₹2,631 crore BharatNet contract with BSNL for Jammu & Kashmir and Ladakh. Despite being down 25.47% YTD, the stock recovered 27.88% in a month. The deal boosts STL’s order book, now ₹4,378 crore, and involves a 3-year build and 10-year maintenance. STL Networks, post-demerger, will execute the project.

Nikesh Arora, the Indian-origin CEO of Palo Alto Networks who earned more than Mark Zuckerberg and Sundar Pichai in 2023, revealed that over 400 companies rejected his job application 30 years ago. Speaking to Humans of Bombay, Arora said, "It was kind of cool...I saved all [rejection letters]...They're my motivation." He added that some letters weren't even fully printed.

Check Point Software’s Global Threat Index for May 2025 reveals SafePay as the top ransomware group, using a double extortion strategy to surpass others. FakeUpdates remains the most widespread malware, affecting organizations globally. SafePay’s rapid rise highlights evolving cyber threats, while malware like FakeUpdates continues to pose major risks to cybersecurity across sectors.

The Southern Railways issues a Letter of Acceptance (LoA) to the KERNEX-VRRC Consortium for two major Kavach contracts. The Kavach contract, includes the provision and installation of the Kavach (Train Collision Avoidance System) at the Chennai division. The value of the contract is worth ₹311.03 crore, out of which Kernex holds a 60% share.

Top startups like Meesho, Zepto, Razorpay, and Groww are shifting their headquarters back to India in a reverse-flipping trend. Driven by favorable IPO conditions, improved regulations, and national priorities, this move reflects rising confidence in India’s business ecosystem and signals a strategic pivot towards building globally competitive companies from within the country.

Ed Pierson, ex-Boeing manager-turned-whistleblower, said issues raised by whistleblower Sam Salehpour could've contributed to Air India plane crashing in Ahmedabad, killing 274 people. "The problems Salehpour identified...apparently the planes were being built like that for a long time," Pierson said. Salehpour had alleged Boeing employees were "forcing parts to fit together (by jumping on them)".

Air India on Saturday announced that it will provide an interim compensation of ₹25 lakh each to the families of those who died in the crash, as well as to the sole survivor. "This would be in addition to the ₹1 crore-compensation support to the families of each person announced earlier by Tata Sons," the airline added.

Billionaire Harsh Goenka shared a video, criticising the commentary heard in it as it showed Iranian missiles hitting Israel. "Didn't understand much but the glee in their voices was chilling," Goenka said. "War isn't a video game. It's not a cricket match. It's blood, loss and lost lives," he said, adding, "Sadly, it reminded me of some Indian news channels."

Foreign portfolio investors (FPIs) brought in ₹3,346.94 crore into the Indian stock markets this week, as investor confidence received a strong boost following the Reserve Bank of India's (RBI) rate cut. FPIs remained active buyers in Indian equities from June 9 to 13, according to NSDL (National Securities Depository Limited) data.

Low-cost Indian airline SpiceJet on Saturday announced that its revenue from operations fell 16% year-on-year (YoY) to ₹1,446.37 crore in Q4FY25, down from ₹1,719.3 crore in the corresponding quarter of FY24 (Q4FY24). The company credited this turnaround to better passenger yields, strong load factors, and cost optimisation.

CBDT has identified "high-risk persons" who are putting money in virtual digital assets (VDAs) but have not complied with the Income Tax Act. CBDT aims to curb tax evasion and the laundering of undeclared money by these individuals who have invested in cryptocurrency or VDAs. The tax body is identifying taxpayers who have wrongly declared their crypto income.

Bengaluru has climbed seven spots to be ranked 14th among the top 40 spots in the 2025 Global Startup Ecosystem Report. US' Silicon Valley tops the list, followed by New York City, London and Tel Aviv. The report said that Bengaluru-based startups raised $268 million in seed funding in 2024, and Karnataka produced 32 unicorns between 2020-2024.

Hero MotoCorp's Non-Banking Financial Company (NBFC) Hero FinCorp, has received ₹260 crore in a pre-IPO. This fundraising resulted in the reduction of fresh issue size from the earlier planned ₹2,100 crore to ₹1,840 crore. The revised IPO size stands at ₹3,408.13 crore, reducing from ₹3,668.13 crore earlier, which included a planned pre-IPO placement worth ₹420 crore.

India is ranked among top 10 global destinations for cross-border capital investment in land and development sites, a Colliers report stated. India attracted $735 million in cross-border capital in the 12 months ending FY25 Q1. Its share in total cross-border investment is 1.5%, which is low, but despite this, India is viewed key investment destination among other Asia-Pacific (APAC) nations.

CBI has registered FIR against construction firm Supertech, its promoter RK Arora, and whole-time directors, for allegedly cheating IDBI Bank of ₹126.07 crore, PTI reported. This follows a complaint from the bank, which alleged that the accused submitted forged documents to secure credit facilities under false pretences. CBI had raided locations linked to the accused and seized ₹28.5 lakh cash.