IIT Bombay graduate Rishabh Agarwal, who has previously worked at Meta, Google Brain, DeepMind and Waymo, responded after reports claimed that he rejected a million-dollar offer from Meta while quitting last year. "Meta's offer was an order of magnitude higher than $1 million," Agarwal said. "I rejected [Meta's offer] because I wanted to build something of my own," he added.

Indian benchmark indices extended their surge for a second consecutive session on Friday, with the Sensex ending 827.57 points higher at 77,569.39 and the Nifty up 244.10 points at 24,206.90 at close. IT stocks led the rally after TCS jumped nearly 4% following its June-quarter results. The rally was also supported by broad-based buying across sectors amid positive global cues.

Madhya Pradesh Police launched a probe after a government rice consignment meant for AVJ Agrico ethanol plant in Chhindwara was allegedly diverted to a private rice mill. It's alleged that plant representative Rahul Pratap intended to sell the subsidised rice at a higher price and use cheaper rice for ethanol production. Officials seized 490 bags containing 242.55 quintals of rice.

The Central Board of Indirect Taxes and Customs may issue a circular in the coming months to clarify or revise the valuation method for levying GST on corporate guarantees, Moneycontrol reported. It aims to ease cash-flow pressures on businesses that cannot claim input tax credit on the 18% GST paid. The changes are intended to ensure companies are treated fairly.

The Delhi High Court on Friday refused interim relief to Google India in its appeal against a ruling holding it liable for trademark infringement in a dispute with Hindware. The court issued notice on Google's appeal but declined to stay the May 22 judgment. The earlier order directed Google to pay ₹30 lakh in damages.

Google is rolling out a feature that will let users know whether an ad was created or edited using artificial intelligence. The update will appear in the "My Ad Center" panel, accessible through the three-dot menu or info icon on ads across Search, Discover and YouTube. Users can also block, report and learn why an ad was shown.

Abhishek Integrations' Board approved a 1:1 bonus issue, subject to shareholder and regulatory approvals. Following the issue, the company's paid-up equity share capital will double from ₹6.33 crore to ₹12.66 crore. The bonus shares will be issued by capitalising the company's general reserves, retained earnings and securities premium account.

Long before global snack brands arrived, this West Bengal bakery made cakes an affordable, everyday treat at 60 paise a slice. New Howrah Bakery, famous for its Bapuji Cakes, was started in 1973 by Alokesh Jana. Today, it sells 1 lakh cakes daily at just ₹8 each by combining affordability, quality and a distribution network built over five decades

The Centre is proposing stricter traffic rules that may require repeat offenders to retake driving tests before licence renewal. It also plans to allow Motor Accident Claims Tribunals to grant interim compensation to road crash victims for faster financial relief. The reforms aim to improve road safety, strengthen compliance, and provide quicker support to accident victims.

The Fundamentum Partnership has launched its third fund with a target corpus of ₹2,200 crore, including a ₹400 crore greenshoe option, to back growth-stage startups. Nandan Nilekani has anchored the fund as its limited partner (LP), marking his largest investment in a venture capital firm to date. The fund will invest in consumer technology, fintech and AI-focused startups.