The US Commerce Department has removed details from its website about an agreement with Google, xAI and Microsoft to test AI models for security risks, Reuters reported. The announcement webpage is no longer accessible. The Commerce Department had said on May 5 that the companies would submit new AI models to the government for security testing before public release.

A block deal in wealth-tech firm Groww has been upsized to around $600 million from the initial $500 million due to strong investor demand, Moneycontrol reported. Investors Peak XV Partners, Y Combinator, and Ribbit Capital are selling part of their stakes after the IPO lock-in period expired. The block deal has been priced at Rs 177 per share.

Afcons Infrastructure informed exchanges that it has been selected for a railway rehabilitation and construction project in Croatia valued at €677.07 million, equivalent to around ₹7,544 crore. The project includes railway track reconstruction, second line construction, electrification, signalling and telecom works, marking Afcons Infrastructure’s entry into the European infrastructure market.

Oil marketing companies (OMCs) may witness losses of up to ₹1.2 lakh crore in the first quarter of FY27 as government-led freeze on pump prices squeezes marketing margins. The projected losses could wipe out nearly the entire profit earned by OMCs in FY26, NDTV reported, citing government sources. Under-recoveries are estimated to touch nearly ₹2 lakh crore during the quarter.

Magnus Steel and Infra informed exchanges that it has been empanelled as an approved steel supplier for Tata Motors’ upcoming facilities in Gujarat and Maharashtra. The company executed orders worth around ₹8.5 crore during March-April 2026 and disclosed an additional FY27 pipeline of ₹24 crore, taking total estimated order book to ₹32.5 crore.

Coal India informed exchanges that CIL Solar PV Limited, a wholly owned subsidiary, has been struck off by the Ministry of Corporate Affairs and consequently stands dissolved. FIIs increased their stake in Coal India to 8.38% in March 2026. The stock has gained 20.39% in six months and offers 5.69% dividend yield.

Abbott India recommended a final dividend of ₹525 per share and special dividend of ₹131 per share for FY26, taking total dividend payout to ₹656 per share. Q4FY26 revenue rose 6.5% YoY to ₹1,709.51 crore, while PAT increased 7.6% YoY to ₹394.93 crore. The company fixed July 24, 2026 as the record date for dividend eligibility.

Unemployment rate among people aged 15-29 in India rose to 15% in January-March 2026, up from 14.3% in October–December 2025, according to the data by Ministry of Statistics and Programme Implementation. Unemployment rate among rural males aged 15 years and above was 4.3% during January-March 2026, while for rural females in same age group it stood at 4.1%.

Deceased billionaire Sunjay Kapur's mother Rani filed a fresh plea in the ₹30,000-crore dispute, seeking directions to restrain Sunjay's wife Priya from interfering in RK Family Trust's functioning. "We've entered into an arena where the Mahabharat will look very small. We'll look into it," the Supreme Court remarked. Ex-CJI DY Chandrachud has been appointed to mediate the family dispute.

For Gyanendra Kumar, a citizen of Nepal, Ludhiana is everything. The Punjab city has given him name, fame and success, and he has not forgotten these remarkable 75 years.He, along with his wife Heera and son Dipesh, travelled to Ludhiana and hosted a party to thank the 100-150 vendors (and their families) who supported him over the years.