A Bengaluru-based entrepreneur recently criticised the grooming brand Bombay Shaving Company for spamming his WhatsApp inbox "nine times in a day". "This was really annoying and disgusting to get repeated notifications and spam from a brand in a day," he said. "Have you [Founder Shantanu Deshpande] personally instructed your marketing team to keep spamming all of your customers?" he added.

Government has granted Navratna status to Garden Reach Shipbuilders & Engineers (GRSE). The designation will allow this public sector enterprise to make larger investments and expand operations. The firm said the upgrade reflects its strong financial performance, operational efficiency, and contribution to national security. With GRSE's elevation, India now has 27 Navratna companies.

Domestic mutual funds reduced their exposure to oil and gas stocks to a record low in May, reflecting continued caution over the sector's long-term growth prospects. Data from Motilal Oswal showed the sector accounted for 5.2% of portfolios of the top 21 mutual funds. This comes as fund managers shifted allocations toward capital goods, healthcare and automobile stocks.

IRDAI has proposed disclosure requirements for insurance intermediaries to improve transparency and curb policy misselling. Under the draft norms, entities earning over ₹10 crore in annual commission income would need to disclose commissions, related-party transactions, profits and dividend payouts. The proposal applies to corporate agents, brokers, insurance marketing firms and web aggregators.

Reliance Industries Chairman Mukesh Ambani and his wife Nita Ambani attended the wedding celebrations of Lok Sabha MP Supriya Sule's daughter, Revati, at the Jio Convention Centre in Mumbai. Anant Ambani and his wife Radhika Merchant were also present. They were seen interacting with Amitabh Bachchan at the venue. Earlier a video showed Shah Rukh Khan dancing at pre-wedding festivities.

World Bank's Indian-origin President Ajay Banga spoke about youth of Punjab, stating it used to be India's agricultural centre. "Today...young kids there have sold their farms. They are...rich for about 4 years and buy a great SUV...smoke and drink a lot. [Then] they're broke and end up in a shanty town of urban centre...to find gig economy jobs," he said.

Leveraged ETFs tied to SpaceX generated $8.2 billion in trading volume within three days of launching, according to Jefferies. Eleven single-stock SpaceX ETFs introduced on June 15 gathered $638 million in assets. The Leverage Shares 2X Long SpaceX Daily ETF was the most actively traded, accounting for about $3 billion in volume between June 15 and June 17.

India will move ahead with its proposed trade agreement with the United States only after securing a competitive advantage over competing nations, Commerce Minister Piyush Goyal said. The framework for the deal has already been finalised. "Our duties need to be lower compared to those of competing nations; once this is settled, the trade agreement will be implemented," he said.

Billionaire Peter Thiel offers dating service to the top tech, business and government leaders who attend his secret retreat 'Dialog', WIRED reported. Participants are asked whether they're "looking for love", and if they answer "Yes", they're asked to provide personal details, including their political leanings. Although Dialog promises data security, personal details were leaked online.

'PayPal Mafia' is among the list of former and current attendees of billionaire PayPal Co-founder Peter Thiel's secret retreat, which is scheduled to take place in August this year, according to reports. The term 'PayPal Mafia' refers to former founders and early employees of PayPal who worked in the late 1990s and early 2000s. Several billionaires are on the list.