Jessica Rajan
Manufacturing startup Zetwerk's revenue is estimated to have risen to ₹15,900 crore in FY26 from ₹12,800 crore a year earlier, according to CRISIL. The recovery follows the company's exit from loss-making businesses and a scale-down of its civil infrastructure segment. This comes as Zetwerk has confidentially filed for an IPO, aiming to raise up to ₹4,200 crore.
Jun 15th, 2026

Ashley Paul
Startup founder Gabe Einhorn shared a Cornell University student's "not interested in working for a Jew" message to reject a job offer. Billionaire Joe Lonsdale responded, saying, "Afraid to show his name?", with Einhorn replying, "I just don't want to expose his whole life." Einhorn eventually doxxed the student, Austin Franco, after Lonsdale said someone doing this deserves consequences.
Jun 15th, 2026

Jessica Rajan
The government is reviewing the IndiaAI Mission to realign priorities amid rising concerns over access to advanced AI tech, Financial Express reported. The reassessment follows the US order to restrict foreign access to Anthropic's latest AI models. Officials are also evaluating funding needs, with stakeholders arguing that investments must exceed the mission's current ₹10,372 crore allocation.
Jun 15th, 2026

Jessica Rajan
Senior Anthropic technical staff are in Washington to meet with White House officials to resolve a dispute that has forced the company's most advanced AI models offline, Axios reported. The talks follow virtual meetings held since the administration first contacted the company. The US ordered Anthropic to block foreign nationals from accessing Fable 5 and Mythos 5.
Jun 15th, 2026

Jessica Rajan
Elon Musk said SpaceX could generate about $1 trillion in annual revenue by 2030. Responding on X to a Morgan Stanley revenue forecast, Musk said SpaceX "might be able to reach approximately $1 trillion revenue in 2030". Morgan Stanley projects SpaceX revenue at $160 billion by 2028 and around $330 billion by 2030.
Jun 15th, 2026

Jessica Rajan
The European Commission said it is reviewing the impact of a US export control directive affecting AI firm Anthropic, stressing that any measures should not discriminate against partners. Anthropic disabled access to its advanced AI models after a US order restricted foreign access over national security concerns. The move highlights Europe's need to strengthen its technological sovereignty.
Jun 15th, 2026

Jessica Rajan
Bitcoin surged to a near two-week high after the US and Iran agreed to end hostilities and reopen the Strait of Hormuz, easing geopolitical tensions. The cryptocurrency rose nearly 3% to around $65,400 in early Asian trading on Monday, while Ether gained up to 3.7%. The rally comes after Bitcoin dipped below $60,000 to its weakest level since October 2024.
Jun 15th, 2026

Ashley Paul
Hundreds of students staged a walkout while booing Google CEO Sundar Pichai as he began his speech at his alma mater's 2026 commencement ceremony. The students were heard shouting, "Free, free Palestine" and "Shame on you" as they held placards that read, "ICE spies with Google AI". They were protesting Google's AI and cloud computing contracts with the Israeli military.
Jun 15th, 2026

Vaishnavi Mishra
Shares of Indian oil marketing companies rallied in early trade after the announcement of a US-Iran peace deal. Hindustan Petroleum Corporation rose 5.38%, while Indian Oil Corporation and Bharat Petroleum Corporation gained 5.32% and 4.76%, respectively. The rally came as crude oil prices fell to a two-month low following the deal, raising hopes of lower input costs for refiners.
Jun 15th, 2026

Ashley Paul
Juan Hernandez, who used to work as a welder at Elon Musk-led SpaceX for $28 (₹2,600) per hour, now owns shares worth $1 million (₹10 crore). Hernandez, who now works at Jeff Bezos' Blue Origin, was given shares worth $10,000 by SpaceX, which he said "wasn't a big deal". Commending Musk, he said, "He's making all these lives much better."
Jun 15th, 2026

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