Anushka Singh
Karnataka High Court on Tuesday declared the arrests of three founders of online gaming platform Gameskraft 'unlawful' and ordered for their immediate release. The founders, Deepak Singh, Prithvi Raj Singh and Vikas Taneja, were arrested by the ED on May 8 in an alleged money laundering case. The ED has alleged that ₹187 crore had been diverted through Gameskraft.
Jun 17th, 2026

Pravel Jain
A US-based Indian founder, Sneha Biswas, has spoken about not meeting late industrialist Ratan Tata despite receiving an email reply from him. Sharing a screenshot of the email he sent in 2020 while she was an intern at Tata Steel, she said, "Some regrets stay with you forever." "I was travelling back to Boston...when he scheduled the meeting," Biswas added.
Jun 17th, 2026

Pravel Jain
Indian-origin Aman Sanger is the Co-founder of AI startup Cursor, which will be acquired by SpaceX in a $60-billion deal, making him worth an estimated $5.5 billion. Born in New York, Sanger began coding at 14 and dropped out of MIT in 2022 to build Anysphere, the company behind Cursor. The 25-year-old's father, Arvind Sanger, is an IIT Bombay alumnus.
Jun 17th, 2026

Dharini Mudgal
After firing 8,000 employees to focus on AI, Meta CTO Andrew Bosworth admitted employee morale is suffering amid layoffs, AI-driven restructuring and workplace changes. Calling the rollout of Meta’s new AI division “atrocious”, Bosworth said the company had undermined workers' trust. He added that employees' morale is among the lowest he has seen during his two decades at the company.
Jun 17th, 2026

Pravel Jain
NVIDIA CEO Jensen Huang said society will need to create new norms around AI. "I'd advocate that everybody use AI. Just go engage it," he added. Comparing the social adjustment around AI to the way societies adapted to automobiles, Huang said, "I used to play in the streets. When cars came along, you obviously [couldn't] play in the streets [anymore]."
Jun 17th, 2026

Anushka Singh
US-based electric vehicle startup Rivian on Tuesday said it was laying off hundreds of workers, accounting for less than 2% of its workforce. The layoffs will impact teams in the service and customer segments as the firm tries to scale profitability. The firm incurred a loss of $3.6 billion last year and delivered 42,247 vehicles, company filings showed.
Jun 17th, 2026

Foreign investors bought over $1.5 billion of index-eligible Indian bonds on Monday, the biggest one-day purchase, Bloomberg reported. The inflows came as oil fell below $80 after the US-Iran peace agreement, while the rupee strengthened to ₹94.56 per dollar and Indian equities rose for a third session.
Jun 17th, 2026

Anmol Sharma
Reliance Jio Infocomm could file draft papers for its expected $4 billion IPO within days, Financial Times reported, citing sources. The filing may come before Reliance Industries Chairman Mukesh Ambani's annual shareholder address on Friday. Notably, Ambani, in his speech last year, said that the telco's IPO would come in the first half of 2026.
Jun 17th, 2026

Garima Garg
A screenshot showing the Uber fare crossing ₹2,000 for an approximately 80-km ride from the new Noida airport to Delhi's Saket divided the internet, with most people calling it "reasonable". "₹2,000 for 80 km is...very cheap. It'll cost ₹15,000 in New York," an X user commented. Many pointed out that Delhi's IGI Airport is the nearest to Saket.
Jun 17th, 2026

Madhya Pradesh is emerging as a key pillar of India's nuclear energy ambitions, with NTPC and NPCIL advancing plans for new nuclear power projects in the state. As India targets 100 GW of nuclear power capacity by 2047, Madhya Pradesh is expected to attract significant investments, create jobs, strengthen energy security, and support the country's clean-energy transition.
Jun 17th, 2026

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