Crore

• CRISIL has upgraded Yes Bank's bond rating to AA+, signaling an improvement in the lender's credit profile and financial stability. • HFCL announced a significant growth initiative, clearing a ₹400-crore expansion plan to scale its operational capacity. • Bharti Airtel reported strong June quarter results, featuring a 3.8% sequential increase in revenue from its India mobile business.

• India approved only one Chinese foreign direct investment (FDI) proposal worth Rs 1 crore and 13 applications from Hong Kong totaling Rs 610.42 crore during the last financial year. • These approvals are subject to strict government scrutiny under Press Note 3 of the DPIIT, which requires prior clearance for investments from countries sharing a land border with India. • The restrictive policy was implemented in April 2020 to prevent opportunistic takeovers and acquisitions of Indian companies during the COVID-19 pandemic.

• The Indian government provided several parliamentary updates, including the disbursement of ₹5.26 crore by the Employees' State Insurance Corporation (ESIC) under the Atal Beemit Yojana (ABVKY). • To address labor issues, the government launched a three-month drive aimed at resolving 16,033 pending labor disputes. • Other key developments include the approval of polymer note trials and the disposal of 79 FEMA applications since FY22.

• The Indian government launched an AI mission with ₹10,000 crore in funding and 38,000 GPUs, selecting 12 companies to develop indigenous AI tools for public welfare sectors like farming, education, and healthcare. • Despite these goals, the initiative has struggled with adoption, as participating firms are primarily selling their products to general commercial markets rather than the intended government sectors. • A key example of the mission's output is Tech Mahindra's Project Indus, an open-source large language model (LLM) specifically designed to support Hindi and its various regional dialects.

• The Indian stock market experienced a significant crash on Wednesday, with both the BSE Sensex and Nifty50 benchmark indices tumbling by over 2%. • Investors lost approximately Rs 8 lakh crore in market value during the sell-off, described as a "bloodbath" on Dalal Street. • The sharp decline was primarily triggered by escalating tensions between the US and Iran, which caused global crude oil prices to soar.

• Phantom Studios has filed a lawsuit against JioStar regarding the production of "Queen 2," starring Kangana Ranaut. • The studio is seeking ₹250 crore in damages, alleging legal or contractual disputes over the sequel. • This legal battle highlights significant financial stakes and intellectual property conflicts within the high-value Indian entertainment industry.

• The Indian stock market saw a significant surge, with the Sensex jumping 521 points (0.67%) to close at 78,285 and the Nifty 50 rising 160 points (0.66%) to end at 24,430. • This rally resulted in investors earning ₹2 lakh crore in a single day, supported by gains in the Nifty Midcap 100 (0.45%) and Smallcap 100 (0.75%) indices. • Sectoral growth was led by Nifty Realty (1.81%), Consumer Durables (1.48%), and Auto (1.36%), driven by strong volume trends and expectations of healthy private bank earnings.

• The film "Welcome to the Jungle" experienced significant growth on its second Saturday, officially crossing the Rs 100 crore mark at the Indian box office. • In separate news, renowned Padma Vibhushan awardee and Pandavani legend Teejan Bai has passed away at the age of 70. • Prime Minister Modi and President Murmu have issued official tributes to honor Bai's legacy and contributions to Indian art.

• Akshay Kumar's action-comedy 'Welcome to the Jungle', directed by Ahmed Khan, reached a global box office milestone of Rs 154 crore gross by Day 9. • The film has also achieved a domestic net collection of Rs 100 crore, supported by an ensemble cast including Suniel Shetty and Paresh Rawal. • The movie's momentum is currently facing a challenge as it enters its second weekend amidst a clash with YRF's big-budget spy-thriller 'Alpha'.

• Akshay Kumar's film "Welcome To The Jungle" has nearly reached a worldwide box office collection of ₹130 crore by its sixth day of release. • The movie's financial performance is being closely monitored as it approaches a highly anticipated box office clash with the film "Alpha." • These updates are part of a real-time entertainment tracking report covering the global $2.83 trillion industry, including OTT and cinema trends.

• Ahmed Khan's 'Welcome to the Jungle' has crossed Rs 100 crore worldwide in its first 4 days. • The film, led by Akshay Kumar, has performed well despite sharing screens with Shahid Kapoor's 'Cocktail 2'. • 'Welcome to the Jungle' is the third instalment in the 'Welcome' franchise and has appealed to family audiences with its nostalgic value.

• Akshay Kumar's film *Welcome to the Jungle* has earned ₹93 crore globally within its first three days, becoming the third-highest Bollywood opener of 2026. • The movie collected ₹63.75 crore domestically during its opening weekend, while overseas gross earnings reached ₹16.70 crore. • This strong performance highlights the film's immediate commercial appeal and its ability to compete with the year's top releases.

• Foreign Portfolio Investors (FPIs) have invested a record ₹39,640 crore into Indian government securities (G-Secs) during June. • This surge is driven by expanded access to sovereign debt and specific tax exemptions designed to attract overseas capital. • The influx of funds is significant as it strengthens the case for India's inclusion in major global bond indices.

• The Indian stock market saw a massive rally, with the Sensex zooming 1,700 points and the Nifty closing above 23,600, adding approximately Rs 10 lakh crore in market capitalization. • This surge was driven by a 2% increase in both indices, fueled by easing crude oil prices, hopes for US-Iran peace, a stronger rupee (gaining 72 paise to 95.13 against the USD), and a global rally in Asian, US, and European markets. • The rally reflects a broad-based recovery in investor sentiment, mirroring gains in the Nasdaq (3%) and Nikkei (3%), though analysts warn that geopolitical risks remain a concern.

• Starring Mohanlal and directed by Jeethu Joseph, 'Drishyam 3' has earned over ₹156 crore globally within its first five days of release. • Despite the strong overall performance, the film experienced a significant drop in box office collections on Monday. • The movie's success reflects the high anticipation surrounding the franchise within the South Indian film industry.

• Zee Entertainment Enterprises (ZEE) reported a net loss of ₹104 crore for the fourth quarter, as announced on May 19. • The company attributed the financial downturn to a decrease in advertising spend from clients, which was negatively impacted by the ongoing war in West Asia. • This loss highlights the vulnerability of media companies to geopolitical instability and the resulting volatility in global advertising markets.

• Kansai Nerolac Paints posted a 7.3% rise in Q4 FY26 net profit to Rs 109.9 crore, reflecting steady demand in the paints sector despite mixed market conditions. • The results highlight resilience in core operations, with revenue growth supported by volume increases in industrial and decorative segments. • This earnings beat underscores the company's strong market position amid rising input costs, offering positive cues for consumer goods stocks.

• Riteish Deshmukh-starrer Raja Shivaji, released on Maharashtra Day 2026, recorded strong day 6 collections, inching toward Rs 50 crore India net before week's end. • The historical epic shattered records for the highest first Monday earnings for any Marathi film, sustaining dominant domestic run. • Featuring Salman Khan, Abhishek Bachchan, Sanjay Dutt, and Vidya Balan, the film underscores rising popularity of Marathi cinema nationally.

• Infosys reported Q4 net profit up 21% to Rs 8,501 crore, though shares fell 3.6% on weak revenue guidance. • IT sector faces pressure from BFSI weakness and higher costs, impacting peers like Cyient. • Results highlight mixed quarterly outcomes in tech amid global demand shifts.

• Riteish Deshmukh's Marathi film Raja Shivaji amassed Rs 25 crore in its first two days of release, setting new records for Marathi cinema in India. • The epic historical drama has drawn massive audiences, highlighting growing demand for regional language blockbusters. • This milestone underscores the rising commercial success of Marathi films amid competition from Bollywood releases.

• India's top 10 most valued companies added a combined Rs 2.20 lakh crore in market capitalisation during a holiday-shortened week, with the BSE Sensex climbing 249.29 points or 0.32 per cent. • Reliance Industries emerged as the biggest gainer, adding Rs 1,39,655.8 crore to reach Rs 19,36,303.30 crore, while Bharti Airtel surged Rs 43,503.51 crore to Rs 11,49,222.13 crore and TCS gained Rs 27,569.83 crore. • Six of the top-10 firms faced a combined valuation erosion of Rs 1.24 lakh crore, with HDFC Bank, SBI, ICICI Bank, L&T, HUL, and LIC all declining during the volatile trading environment.

• Riteish Deshmukh's ambitious project 'Raja Shivaji', based on Maratha warrior king Chhatrapati Shivaji Maharaj, opened with Rs 3.35 crore on Day 1 across 4,251 shows in the Hindi version. • The film received mixed reactions from audiences in its opening day, indicating moderate viewer interest despite the historical subject matter. • The Marathi version of the film reportedly performed strongly, scoring big and dominating nationwide.

• India's Goods and Services Tax (GST) collections increased 8.7% to ₹2.42 lakh crore, demonstrating continued economic strength despite recent market corrections and global uncertainties. • The strong GST collection figures reflect robust consumer spending and improved tax compliance across India's formal economy, providing crucial revenue for government budgets. • This economic indicator comes amid broader market volatility, with Wall Street posting its best month since 2020, suggesting potential stabilization in global financial conditions affecting Indian markets.