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Twisha case: Former judge Giribala, son sent to 14-day judicial custody
A CBI court in Bhopal remanded Samarth Singh and his mother to 14 days' custody in connection with the death of former model Twisha Sharma.
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A CBI court in Bhopal remanded Samarth Singh and his mother to 14 days' custody in connection with the death of former model Twisha Sharma.
The famed public healthcare model of Kerala is under tremendous stress
Trump scrapped a Biden-era AI oversight order on his first day back in the White House.
Such unity can be model for other States, he says as the two leaders greet him at the airport and jointly offer a bouquet
US President Donald Trump on Tuesday (local time) signed an executive order asking companies to provide artificial intelligence (AI) models to the federal government to assess their capabilities ahead of a full release.
Ranveer Singh's Dhurandhar franchise has rewritten the box-office record books, with Dhurandhar and Dhurandhar: Revenge together earning more than Rs 3,000 crore worldwide. But according to producer Jyoti Deshpande, the journey to creating one of Indian cinema's biggest franchises was far from straightforward. She revealed how the makers navigated ballooning budgets, reimagined the project as a two-part saga midway through production, and adopted a unique risk-sharing model involving lead star Ranveer Singh and director Aditya Dhar.
Governor welcomes proposed Disease Modelling and Decision Intelligence Centre as Dr. NTRUHS honours meritorious students and eminent cardiologists
As per the fresh model assessments, the strong upper-level winds needed to support a full-fledged monsoon may develop only after June 5-6.
Bhopal: A court in Bhopal on Tuesday remanded late model Twisha Sharma's husband, Samarth Singh and mother-in-law Giribala Singh, both accused of dowry harassment, in judicial custody for 14 days on completion of their CBI remand.Twisha was found hanging in her marital home in Bhopal on May 12.The CBI produced Samarth Singh and his mother, a retired district judge, in the court of Shobhna Bhalave, after completion of their remand, following which they were sent in judicial custody till June 16, said Twisha's family lawyer, Ankur Pandey.Read More: Twisha Sharma Death Case: CBI seeks five-day remand for Giribala; asks for five-day custody extension for Samarth SinghA day earlier, the CBI reconstructed the circumstances of the former model's alleged suicide at her marital home here using dummies.The central agency, along with forensic and crime scene experts, asked Samarth Singh and Giribala Singh to give a detailed account of happenings on the night of May 12, officials had said.
A day earlier, the CBI reconstructed the circumstances of the former modelโs alleged suicide at her marital home here using dummies
India's first AI-powered music company PaRa Music launched on Tuesday, offering a model designed to help original Indian music reach larger audiences across the country and worldwide, but does not create its own music.The music venture combines human-created music with proprietary AI-led market intelligence to guide catalogue development, distribution, and monetisation of music. It is backed by a funding from a consortium of angel and institutional investors led by Apollo Growth Capital and plans to build a catalogue of 40,000 songs over the next four years across film and non-film music, spanning Hindi and regional languages.Tapping one of the worldโs largest music markets, PaRa is aiming to bridge the gap between audience demand and effective discovery, particularly for regional and non-film music. With the industry projected to reach Rs 7,500 crore in 2028, estimates point to continued expansion in both streaming and recorded music revenues.Para Music has deployed a model "ParaMeter" as its in-house AI Chief of Music Intelligence who does not create music.This AI brain analyses audience signals across platforms and geographies to identify emerging demand, guide investment decisions, and support smarter catalogue and release strategies. The approach is intended to improve discovery and market fit while keeping music creation firmly in the hands of artists, composers, and songwriters.The venture is planning to build its business around the premise that original Indian music should have a stronger path to audience reach and long-term monetisation. It combines human creativity, institutional capital with data-led decision-making to support catalogue creation, targeted distribution, and diversified revenue opportunities for creators and rights holders.It further aims to partner with central and state governments to support music-led cultural, creative, and economic initiatives across India.PaRa Music is entering a broader market in which music rights and catalogues are increasingly viewed as long-term assets, with global investment activity expanding across recorded music and related rights. It adds volume to Indiaโs national music arena through a technology-led approach and a professional team aiming to build Indian music IP for the world, ensuring creators achieve stronger commercial outcomes and capture greater long-term value.โIndia has one of the worldโs richest and most diverse music ecosystems, yet much of its potential remains untapped. PaRa Music was founded to unlock this opportunity through technology, data, and strategic investment in Music IP," said founder Rashna Pochkhanawala.As the global recorded music market moves towards $200 billion by 2035, Pochkhanawala believes that India is poised to become a major growth engine.โWe rarely encounter opportunities where a large market, a proven business model, and exceptional leadership converge so clearly. Indiaโs music economy is entering a period of unprecedented growth, and we believe Music IP will be one of the defining asset classes of the next decade," said Johri, Company Spokesperson - Apollo Growth Capital.
Most forecast models suggest it will be at least moderate, and possibly strong, with the agency warning of extreme weather events across the world in the coming months
A special CBI court in Bhopal is expected to send Giribala Singh, a former district judge, and her son Samarth Singh to judicial custody today. Both are accused in the dowry death case of model-turned-actor Twisha Sharma. The CBI did not seek further remand for the duo. The court's decision is anticipated this afternoon.
China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.Unitree Robotics, one of the most recognizable names in the industry after its robots practicing martial arts made headlines, on Monday received approval for a listing in Shanghai. Its IPO will serve as an early test for what could be a broader wave of offerings. Hong Kong alone has at least 46 robotics-related companies in the pipeline, more than 10% of applicants, according to a report. Companies that have filed IPO applications include Leju Robotics and Deep Robotics. โChinese humanoids are one step closer to IPOs, igniting market interest on humanoids in the second half of 2026,โ Sheng Zhong, head of China industrials research at Morgan Stanley, wrote in a note. โFunds from most of the Chinese humanoidsโ IPOs will go toward R&D, especially robot models.โ The deep pipeline of robotics IPOs mirrors the fast rise of Chinaโs AI ecosystem, where an array of listings whipped up an investor frenzy in the past six months. It also aligns with Beijingโs push to shift high-tech industries from innovation to large-scale deployment. China is rushing to set the pace of funding, industrialization and ultimately leadership in what Nvidia Corp. CEO Jensen Huang calls โphysical AI.โ Shares of OneRobotics (Shenzhen) Co. jumped as much as 18% in Hong Kong on Tuesday, while component maker Leader Harmonious Drive Systems Co. gained as much as 11% on the mainland. 131456136โThis is the decade of the robot โ and it belongs to China,โ Barclays analysts, including Zornitsa Todorova, wrote in a note last month. โThis leadership reflects a decade-long, state-guided push.โThe firm says Chinaโs robotics roll-out is already unmatched, accounting for 50% of global industrial robots and 85% of humanoids in 2025. Backed by coordinated industrial policy and tight supply-chain control, humanoids could reach about 3.8% of the nationโs labor capacity by 2035, it estimates. Unitree got a nice shoutout from Nvidiaโs Huang on Monday, when he showcased his companyโs endeavors in robotic AI. The two companies have partnered to build humanoid โreferenceโ machines, featuring five-fingered hands and built-in chips to replace cumbersome โFrankenrobotsโ in research labs.Some investors remain more cautious, though, when looking at the companiesโ fundamentals. Many robotics firms are expected to burn cash for years and concerns are mounting that valuations could run ahead of earnings.A gauge of humanoid robot stocks has fallen about 13% this year, after registering a 47% gain in 2025. ChinaAMC CSI Robot ETF, a major exchange-traded fund tracking robot-related stocks, has seen net fund outflows for most of this year. Valuations were also elevated, with the sector trading at about 40 times forward earnings, compared with about 14 times for the CSI 300 Index, according to Bloomberg-compiled data.โInvestors trading at such elevated valuations are typically not driven by long-term fundamentals, but rather by the pursuit of short-term price gains,โ said Shen Meng, a director at Beijing-based investment bank Chanson & Co. โIt indicates that sentiment is driven more by market dynamics than by conviction or long-term vision.โThe state-run China Securities Journal also struck a cautious tone in an editorial published Tuesday, warning that pre-IPO valuations may outpace fundamentals, with many firms still unprofitable, raising the risk of a sharp correction if growth or commercialization disappoints. Still, prospective issuers can look at the performance of China tech IPOs this year, with many listings thousands of times oversubscribed and producing big gains on their debuts. Two of those companies, AI model developers Knowledge Atlas Technology Joint Stock Co. and MiniMax Group Inc. last month gained inclusion in the Hang Seng Tech Index after massive rallies since their January listings. For investors, the robotics companies can also offer a way to benefit from the rapid expansion of a cutting edge industry, said Zhou Nan, founder and investment director of Shenzhen Long Hui Fund Management Co.โWith continued advances in AI, the robotics sector is poised for substantial long-term growth,โ Zhou said. โRobotics is expected to become a key driver of enterprise value, and progressively complement or replace human labor across a wide range of use cases.โ
The shares of Indian IT companies including Infosys, TCS and others continued to record sharp gains on Tuesday, pushing the Nifty IT over 3% higher even as the broader Nifty index slipped into the deep red.The Nifty IT index extended gains for the third consecutive session, jumping around 7% during the period to hit a high of 30,785 on Tuesday. Nifty crashed 3% during the same time to trade below 23,250.Infosys shares gained more than 4% to trade at Rs 1,257.90 apiece in the morning trading hours of Tuesday. The heavyweight IT stock has now gained nearly 9% in just three sessions. The shares of Tata Consultancy Services (TCS) meanwhile jumped around 3.5%.Mphasis and LTI Mindtree shares jumped nearly 3% each, while HCL Technologies, Coforge, Tech Mahindra and Persistent Systems shares jumped around 2% each. Wipro shares were trading in the green with marginal gains.Whatโs driving the rally in IT stocks?The sharp surge in IT stocks comes after a significant decline earlier this year, following the launch of plug-ins for AI startup Anthropic's Claude Cowork agent, which could automate tasks across legal, sales, marketing, and data analysis. "We call it the โSaaSpocalypse,โ an apocalypse for software-as-a-service stocks," Bloomberg quoted Jeffrey Favuzza from the equity trading desk at Jefferies.While analysts continue to debate the future of IT companies following fresh AI advancements, investors were quick to analyse the cheap valuations, leading to some pockets of buying. Nuvama, in its note, had highlighted that the IT sector is setting up for a powerful comeback, not a collapse after the brutal AI-driven selloff.โWe see no existential threat from Gen-AI,โ the brokerage writes, arguing that enterprises will still need a โsystem integratorโ to customise plug-and-play AI and software tools for their highly complex, brownfield technology stacks and to take ownership when โthe system fails at 2 am.โThe latest round of buying also comes ahead of the Federal Reserveโs policy meeting next month, which would be the first under Chair Kevin Warsh. US President Donald Trump had selected Warsh partly on expectations that he would support lower borrowing costs to stimulate economic growth. However, rising inflation raised questions over the possibility of lowering rates."Indian IT firms are following suit of American companies like Anthropic and OpenAI by taking up contracts and tie-ups which are perceived as promising by investors," said Gaurav Sharma, head of Research, Globe Capital.Arbind Maheswari from BofA Securities told ET Now that the market globally is attracting flow towards only one story, at the front and centre of it is tech and AI. It is hard to pull away from that fact with a near-term vision. โThere are people who believe that the whole business model of Indian IT services is put to question by the AI trade. The other side is that IT services companies will evolve and adapt and they have enough cash flow, they have the resilience, and they have shown this in the past where there were threats that seemed existential for the IT services space. This time obviously it is much bigger and it could last longer but I am sure there is enough that these companies have in them both in terms of depth of management and business models that they can evolve to adapt to the new AI world,โ he added.Wipro to acquire additional stake in Aggne Global for $28.5 millionWipro announced that it will acquire an additional 20% stake in US-based insurtech company Aggne Global Inc through an all-cash transaction worth $28.5 million. The company said the transaction is expected to be completed by June 5.Earlier this year, the company acquired Mindsprint for $375 million as part of a broader $1 billion transaction with its parent, Olam Group. It also purchased select customer contracts from US-based Alpha Net Consulting LLC and its subsidiaries for $71 million.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Shares of Coforge rose more than 2% to their dayโs high of Rs 1,495 on the BSE on Tuesday after the company announced the launch of its "Nexa Agentic AI Platform", a business platform that aims to cater to the global insurance industry.According to the company, the platform is designed to help insurers derive greater value from their existing insurance platforms and speed up time-to-market without replacing core systems. Instead, it layers AI orchestration capabilities over incumbent platforms while operating within the guardrails of leading platform providers.Built on the Coforge One AI platform, Nexa Agentic AI Platform offers a marketplace of more than 30 insurance AI assets covering underwriting, claims, product development, customer service and platform modernisation. The company said the platform is modular and composable, allowing insurers to deploy specific capabilities or adopt the full suite through an Insurance-in-a-Box model.Coforge said the platform is purpose-built for the global insurance market across Property & Casualty, Life & Annuities, Specialty insurance, as well as managing general agents (MGAs) and intermediaries. It incorporates human-in-the-loop oversight, full auditability and measurable outcomes.The platform includes six flagship orchestrators spanning the insurance value chain. These include an AI-enabled Submission Centre, which the company said can increase underwriting capacity by more than 30% through automated data extraction, validation and prioritisation.Another offering, the Agentic State Rollout Factory, is designed to automate rates, forms and filings across jurisdictions, enabling more than 25% faster realisation of new revenue. The AI-enabled Product Rollout Factory aims to accelerate product launches by 30% while improving quality and responsiveness to regulatory changes.Coforge also introduced an Agentic AI Global Expansion capability to support market entry across geographies, a Core Platform Modernisation capability that it said can reduce total cost of ownership by more than 30%, and an Agentic Claims Triaging Centre that can enable more than 35% faster claims triaging and higher straight-through processing.Rajeev Batra, Executive Vice President and Global Practice Head of Insurance at Coforge, said the platform combines the company's AI engineering capabilities with its insurance domain expertise to help clients scale AI adoption and business outcomes.Also read: Morgan Stanley says Indian stock market poised for strong year ahead. Hereโs whyThe company said the platform is designed around key insurance stakeholders, including brokers, underwriters, claims adjudicators and customer service agents. Looking ahead, Coforge plans to progressively integrate insurance knowledge graphs into the platform to enhance insurance-specific reasoning across submissions, policies, claims and customer interactions.Coforge said Nexa Agentic AI Platform will form a key part of its insurance go-to-market strategy, helping clients accelerate AI adoption while preserving existing technology investments and complying with platform guardrails.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
There is speculation about internal problems in the Trinamool now
Starting next April, carmakers must test new vehicle mileage with and without air conditioning, a move by the government to offer consumers more realistic fuel efficiency figures. This transparency aims to empower buyers' decisions. Existing models will receive an extended compliance period. The new norms apply to both petrol, diesel, and electric vehicles, reflecting India's distinct driving conditions.
26-year-old Delhi model goes swimming in 'death trap' Kerala quarry, drowns
Royal Challengers Bengaluru's journey from perennial underachievers to champions is complete. With back-to-back IPL titles and two WPL crowns in three seasons, RCB have evolved from a star-driven franchise into a system-driven team. Their journey from one of the teams making up the numbers mirrors the transformation - and success - of Manchester City in England.