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BusinessPhoto: Mint Companies

UltraTech Faces Rising Costs Amid West Asia Fuel Price Volatility

UltraTech Cement Ltd, India's largest cementmaker, is experiencing prolonged cost pressures due to volatile fuel prices caused by the West Asia crisis. Rising petcoke and industrial diesel prices have increased production and transport costs. Despite expecting higher cement prices and strong demand to support margins, UltraTech warns smaller rivals may struggle to absorb these sustained input cost increases. CFO Atul Daga highlighted the unpredictability of the crisis and record-high fuel expenses.

Mint Companies·

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BusinessPhoto: Mint Markets

Jio Platforms IPO Could Make Reliance India's Largest Conglomerate

The upcoming Jio Platforms IPO, valued at approximately ₹10.3 lakh crore, may boost Reliance Group's total market capitalization to ₹28.35 lakh crore. This would surpass Tata Group's market cap of ₹25.92 lakh crore, making Reliance the largest conglomerate in India. Adani Group ranks third at ₹17.23 lakh crore, followed by HDFC Group at nearly ₹13.9 lakh crore.

Mint Markets·

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PoliticsPhoto: HT World

Christiane Amanpour to Leave CNN After 43 Years in June 2027

Christiane Amanpour, CNN's chief international anchor, will leave the network in June 2027 after a 43-year career covering major global conflicts. She will reduce her CNN International show to one episode weekly starting January 2027, ending it in May. Amanpour plans to pursue new projects while continuing to support independent journalism after her departure.

HT World·

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PoliticsPhoto: Deccan Herald

Delhi Police Transfers Trespassing Case Against CJP Leaders to Crime Branch

Delhi Police transferred the trespassing case against Cockroach Janta Party leaders Saurav Das and Ashutosh Ranka to its Crime Branch unit after their judicial custody was extended by two days. FIRs were registered under various sections of the Bharatiya Nyaya Sanhita at Connaught Place and Parliament Street police stations. The case is now with the Inter State Cell unit for further investigation.

Deccan Herald··New Delhi

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PoliticsPhoto: TOI Entertainment

Suniel Shetty Reacts to Shooting at Tiger Shroff’s Car in Mumbai

In Mumbai's Juhu area, Tiger Shroff's car was fired upon as he left a football club. Actor Suniel Shetty expressed relief that Tiger was unharmed, though his driver was injured. Police quickly arrested the attackers on a train and filed multiple charges. Suniel Shetty emphasized the urgent need to address safety concerns after this alarming incident.

TOI Entertainment··Mumbai

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TechnologyPhoto: ET Tech

US Bans Chinese AI DeepSeek in Government IT Systems

The US Department of Homeland Security has banned the use and acquisition of DeepSeek AI products and related third-party services by civilian government agencies. DHS cited multiple threat vectors and concerns that using DeepSeek could lead to the transfer of sensitive data to the People's Republic of China if accessed by US government employees or vendors.

ET Tech·

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