Mansi Agarwal
Founders Yashish Dahiya and Alok Bansal sold 0.82% equity stake worth ₹665 crore in PB Fintech, the parent company of Policybazaar and Paisabazaar, on Friday. Societe Generale, Morgan Stanley, Goldman Sachs and National Pension System Trust were among the buyers. Shares of the company dipped 3.8% during the day to close at ₹1,716.
May 29th, 2026

Mansi Agarwal
An unmanned ground vehicle designed by Indian startup Svaayatt Systems has completed field trials with the Indian Army. The SGV-500 UGV is designed for reconnaissance, logistics, casualty evacuation and combat roles, helping reduce risks for soldiers in challenging battlefield conditions. A video of the trials shows the vehicle climbing and descending a steep slope.
May 29th, 2026

Mansi Agarwal
Anthropic reportedly subjects candidates to as many as five interview rounds, including a "culture interview" that some applicants described as feeling "more like therapy". According to Bloomberg, candidates are questioned about ethical dilemmas, controversial opinions and AI safety views. Some roles at Anthropic reportedly offer compensation packages worth up to $850,000 annually.
May 29th, 2026

Sourav Kumar
Zerodha founder Nithin Kamath welcomed the Delhi High Court's decision imposing a ₹30 lakh penalty on Google over trade infringement in keyword searches, saying, "I welcome this ruling and hope this changes the unfair norms." Google was accused of displaying competitors' ads in search results, diverting traffic from original companies. "This judgment now opens up a route," Kamath added.
May 29th, 2026

Ashley Paul
Multiple X users joked about using Anthropic's Claude Opus 4.8 for everyday tasks with the 'blowtorch' video. The video showed a man lighting a cigar using a blowtorch, symbolising using something powerful for doing something basic. "Me using...Opus 4.8 to rename a file," a16z investor Justine Moore said, while another X user said, "Me using...Opus 4.8 to summarise and email."
May 29th, 2026

Ishaan Mukherjee
Reserve Bank of India's (RBI) gains from foreign exchange transactions rose 52% to ₹1.69 lakh crore in the fiscal year ending March, according to its annual report released on Friday. RBI realises gains when it sells dollars from its foreign exchange reserves to protect the rupee. RBI had reported a ₹1.11-lakh crore gain from forex trades in the previous year.
May 29th, 2026

Jessica Rajan
The Employees' Provident Fund Organisation (EPFO) is rolling out EPFO 3.0, allowing subscribers to withdraw provident fund savings directly through UPI and UPI-enabled ATMs. Members will be able to access 50% to 75% of their EPF balance using UPI. However, at least 25% of the total EPF contribution must remain in the account as a mandatory reserve.
May 29th, 2026

Jessica Rajan
Amid stock market volatility in India, affluent investors are increasingly borrowing against shares and mutual funds instead of selling holdings. The strategy allows them to access liquidity while remaining invested for a potential market recovery. Lenders such as Bajaj Finserv and Tata Capital have reported a sharp rise in demand for such loans this year.
May 29th, 2026

HBL Engineering secured a ₹1,714 crore order from Chittaranjan Locomotive Works for supply, installation, testing and commissioning of On-board KAVACH Loco Equipment (Version 4.0). The contract is scheduled for execution within 12 months and strengthens the company’s presence in railway signalling and safety solutions under Indian Railways’ modernisation programme.
May 29th, 2026

Lincoln Pharmaceuticals reported FY26 net profit of ₹87.89 crore, up 6.74% YoY, while total income increased 9.10% to ₹704.48 crore. EBITDA rose 5.78% to ₹131.14 crore and EPS stood at ₹43.88. The board recommended a dividend of ₹1.80 per share and the company targets ₹1,000 crore revenue within three years.
May 29th, 2026

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