Bharat

• Prime Minister Narendra Modi and other BRICS leaders toured the BRICS Bharat Innovates exposition in New Delhi on Saturday to view India's deep-tech capabilities. • The event featured 37 Indian deep-tech startups showcasing technologies including quantum computers, marine robots, and AI-powered cardiac diagnosis platforms. • This exhibition demonstrates India's growing capacity to produce advanced hardware and software for critical sectors like healthcare and green energy.

• Leading brokerages have issued updated stock calls, upgrades, and target price revisions for several companies ahead of today's trading session. • Key companies on the radar include Bharat Forge, Gland Pharma, Zydus Life, Info Edge, Fractal Analytics, PNB, Afcons Infra, Vodafone, and Entero Health. • Analysts highlight growth drivers such as domestic business strength and generics exports, with specific projections including a 13% CAGR in loans and a 0.9% ROA by FY27 for certain entities.

• Punjab National Bank (PNB) reported a 12.85% growth in global business for Q1 FY27, with advances growth outpacing deposit growth. • Bharat Petroleum Corporation (BPCL) expanded its international footprint by acquiring the remaining stake in a Brazilian oil company. • PNB's accelerated credit growth suggests a strategic shift toward relying on its loan book to drive business expansion.

• Akshat secured a victory in the Senior Max category of the Meco Meritus Cup during the sports events of June 8. • At the IGPL Bharath Classic, Kochhar finished in ninth place, recording 16 birdies throughout the week. • These results highlight the ongoing competitive performance of Indian athletes across diverse sporting disciplines.

• Prasar Bharati informed the Delhi High Court that it will not purchase commercial broadcast rights for the 2026 FIFA World Cup, stating such an acquisition falls outside its public service mandate. • The clarification led to the withdrawal of a public interest petition filed by advocate Avdhesh Bairwa, who sought to ensure free-to-air access for the tournament starting June 11 in North America. • The petitioner argued that denying access would violate the public's right to information, citing India's massive football fandom and the 745 million digital interactions recorded during the 2022 World Cup.

• The Malayalam comedy sequel Bharathanatyam 2 Mohiniyattam, starring Saiju Kurup, will begin streaming exclusively on Netflix starting May 8. • This regional hit continues the franchise's tradition of humor rooted in classical dance themes. • Its OTT debut boosts visibility for South Indian cinema beyond theaters, tapping into pan-India audiences.