The CBI arrested two alleged masterminds, Kishan Jain and Pankaj Jain, for cheating over one lakh investors of around ₹800 crore in a chit fund scam linked to Loni Urban Multi-State Credit and Thrift Co-operative Society (LUCC). They were caught in Mumbai. Uttarakhand Police had filed 18 FIRs in the case before it was transferred to CBI in late 2025.

Shreeji Shipping Global received Income Tax Department approval to opt for the Tonnage Tax Scheme for eligible inland vessels from FY26 to FY35. Under the scheme, tax liability will be based on vessel tonnage rather than profits. The company expects improved tax efficiency, predictable tax outflows and stronger long-term cash flows.

Businessman Lalit Modi's London mansion is drawing attention after recent interviews offered a rare look inside the property. Spanning 7,000 square feet across five floors, the residence features elegant interiors, art-filled living spaces and a dedicated cricket memorabilia collection. Framed IPL jerseys, historic bats and commemorative keepsakes transform parts of the home into a museum.

A potential India-US trade agreement could boost several sectors by improving market access and lowering trade barriers. Industries likely to benefit include pharmaceuticals, textiles and apparel, engineering goods, electronics manufacturing, auto components, and chemicals. Gems and jewellery exporters could also gain as India and the US work to finalise the first phase of a bilateral trade pact.

Adani Ports aims to more than double its revenue to over ₹90,000 crore and achieve ₹50,000 crore EBITDA by 2031. The company currently operates 15 ports and terminals across India with a capacity of 653 MMT, handling 27% of the country's cargo. It targets 850 MMT throughput by 2030 and also runs ports in Israel, Tanzania, Sri Lanka, and Australia.

As it suspended peace talks with the US over Israel's continued attacks on Hezbollah in Lebanon, Iran threatened to block the Bab el-Mandeb Strait along with the Strait of Hormuz. The Bab el-Mandeb Strait connects the Red Sea to the Gulf of Aden and the Arabian Sea and narrows to about 29 kilometres at its tightest point.

While global stocks stayed near record highs amid AI optimism, Indian markets came under pressure from rising crude prices and uncertainty in West Asia, The Core reported. The Sensex dropped 508 points and the Nifty 50 declined 165 points on Monday, with Bernstein reportedly cautioning that elevated oil prices could dent India Inc's earnings outlook.

HUL launched a fragrance innovation centre in Mumbai, reinforcing India importance in the company global R&D network. The stock, however, fell 0.38% in early trade to ₹2,076.3. Investors reportedly focused more on broader market conditions than the immediate impact of the new facility. The third global fragrance hub under its €100 million innovation programme, set up at IIT Bombay.

TCS shares jumped 6% to ₹2,436 on Tuesday as the Nifty IT index extended gains despite weakness in the broader market. Investors continued buying IT stocks amid optimism that rising global AI adoption could boost demand for technology services. However, TCS shares remain down 30.3% over the last one year from ₹3,497.2.

Hardwyn India reported FY26 total income of ₹200.41 crore, up 8.11% from ₹185.37 crore. Net profit increased 17.58% to ₹13.21 crore, while EPS rose to ₹0.27. The company is considering a bonus issue and has outlined a roadmap to achieve ₹1,000 crore-plus revenue by FY32 through expansion and diversification initiatives.