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Grammy adds new categories to its awards line-up

Los Angeles, June 16 (IANS) The Grammy Awards have added 5 new categories after deliberation with its members. The organising committee updates rules and adds to their categories in response to proposals from the members every year. The next show, taking place on February 7, 2027, will see 5 new categories, including in the Latin, […]

Bharat Innovates 2026 secures $254.5 million funding commitments on Day 2

New Delhi, June 16 (IANS) The ongoing three-day event Bharat Innovates 2026 facilitated funding commitments and advanced-stage investments worth approximately $254.5 million while generating strong investor interest in Indian DeepTech startups during the second day of the summit, according to an official statement issued on Tuesday. The Ministry of Education stated that the second day […]

Bharat Innovates 2026: IIT Madras, IITM Global sign MoUs worth nearly $100 million

New Delhi, June 16 (IANS) The Indian Institute of Technology Madras (IIT Madras) and IITM Global exchanged seven commercial memoranda of understanding and two institutional MoUs on the first day of Bharat Innovates 2026 in Nice, France, that are expected to unlock nearly $100 million in value creation, a statement said on Tuesday. Seven commercial […]

India, France cementing Special Global Strategic Partnership

New Delhi, June 16 (IANS): India and France are deepening their Special Global Strategic Partnership through stronger cooperation across trade, defence, innovation, artificial intelligence, clean energy, space, and education, according to an article. The article, in the European Times, highlights that the India–EU Free Trade Agreement could further enhance trade and investment. Given the strong […]

Yum! Brands to sell Pizza Hut for $2.7 billion in strategic overhaul

New Delhi, June 16 (IANS) Yum! Brands on Tuesday announced that it has agreed to sell its Pizza Hut business for a total of $2.7 billion, splitting the iconic pizza chain between private equity firm LongRange Capital and Yum China Holdings. The move follows a strategic review aimed at unlocking shareholder value and sharpening Yum!’s […]

Assocham urges GIFT City-related reforms to strengthen Indian Rupee

New Delhi, June 16 (IANS) Industry chamber Assocham on Tuesday urged establishment of a Global Family Office Hub and a globally competitive Corporate Treasury Centre framework both in GIFT City to strengthen Indian Rupee. A dedicated policy and regulatory framework is required to attract global family offices, which collectively manage several trillion dollars in assets, […]

SpaceX overtakes Microsoft to become 4th-largest US company

New Delhi, June 16 (IANS) SpaceX continued its extraordinary stock market rally on Tuesday, surpassing Microsoft to become the fourth-largest company in the United States by market capitalisation, while also unveiling a major $60 billion acquisition of artificial intelligence coding platform Cursor. The Elon Musk-led aerospace and technology company saw its shares rise around 8 […]