PODCAST
PhysicsWallah defies gravity with bumper listing; ED raids hit Gameskraft, WinZO; and Agilitas, Akshayakalpa eye major funding | MC Tech3
In today's Tech3 from Moneycontrol, we dive into PhysicsWallah's stellar IPO debut, which saw the edtech firm's stock price soar well above its issue price, handing investors a 44% gain. We also cover the major funding rounds for consumer brands Agilitas and Akshayakalpa Organic. Plus, the real-money gaming sector faces fresh scrutiny as the ED conducts searches on Gameskraft and WinZO offices, and Karnataka unveils its plan to decentralise its tech growth by turning Tier-2 cities into innovation clusters.
INDIA
'A day that reminds us of his irreplaceable place...': Assam CM remembers Zubeen Garg on his birth anniversary
Zubeen Garg, born on November 18, 1972, in Tura, Meghalaya, came from an Assamese family and was closely tied to his ancestral village, Tamulichiga in Jhanji, Jorhat. Though his musical journey carried him across India and abroad, he always kept a deep emotional bond with the landscapes, culture, and vibrant spirit of Assam and the wider Northeast.
BUSINESS
Four investors including SageOne pick Rs 10.6 crore worth shares in Gallard Steel via anchor book ahead of IPO
Gallard Steel IPO | The company approached capital markets to mop up Rs 37.5 crore via initial public offering (IPO) of 25 lakh shares at the upper end of price band of Rs 142-150 per share.
BUSINESS
HUL appoints Bobby Parikh as Independent Director
He is a strategic advisor to many large corporations and holds directorships in, among others, Infosys, Biocon and Indostar Capital.
INDIA
Lawrence Bishnoi's brother Anmol, wanted in Baba Siddique murder case, to be brought to India from US
Bishnoi is a wanted accused in several major criminal cases, including the recent murder of Baba Siddique and the conspiracy to attack the residence of actor Salman Khan
TRENDS
Tamil Nadu man loves Coca-Cola so much, he dedicated a museum to it: 'People call me...'
The man's devotion to the fizzy drink caught the company's attention, and Coca-Cola sent him a bag of goodies as a token of appreciation -- a gesture that left him visibly emotional.
INDIA
Amid family feud, Rohini Acharya challenges critics over ‘filthy kidney’ remarks; hits out at ‘Haryanvi Mahapurush’
Acharya also asked these people to donate their kidneys to millions of patients needing the organ "in the name of Lalu ji"
BUSINESS
Wall Street futures extend losses amid AI bubble worries; investors await key data for Fed rate cut cues
Investors also await Nvidia earnings that are due on Wednesday
TECHNOLOGY
Karnataka to launch deep tech push with Rs 663 crore fund; VCs to bring in Rs 443 crore
The initiative marks the first time the state is partnering directly with private venture capital (VCs) to co-invest in early-stage deep tech and AI startups.
INDIA
Inside RJD meet: How Lalu Yadav persuaded Tejashwi to take up the role of LoP in Bihar assembly
Tejashwi's offer to give up the Leader of the Opposition role was turned down, and Lalu Yadav insisted that he must continue to lead the party in the House, sources said.
INDIA
As Al-Falah faces scrutiny, spotlight turns to Madhya Pradesh’s once-influential Siddiqui family
The Siddiqui family has garnered increased attention from investigative agencies over its association with Al-Falah University
INDIA
Surface Strength, Hidden Strain: Nifty 500’s Q2 profit boom masks fragile underpinnings
Despite a 19% profit surge, market dependence on a handful of oil and financial stocks exposes fault lines across core sectors, consumption, and exports.
BUSINESS
Nifty Midcap index sees profit booking after hitting fresh record high; Paytm, SBI Card, BDL fall up to 3%
The midcap index hit a fresh record high of 61,220.25 earlier during the day on Tuesday. The profit-booking comes after the index recorded gains in six out the past seven sessions.
INDIA
Bengaluru Tech Summit: DK Shivakumar proposes international complex to house all global businesses in Bengaluru
Karnataka deputy CM DK Shivakumar said state is planning a world-class AI City on 9,000 acres near Bidadi and a second airport in South Bengaluru.
MARKETS
Embassy Office Parks Manager settles SEBI case on delayed disclosures for Rs 18.4 lakh
SEBI issued a show-cause notice to the REIT manager on May 30, 2025, for violating disclosure requirements under the REIT Regulations. However, during the pendency of adjudication, the company opted for settlement under SEBI’s Settlement Regulations, 2018.
BUSINESS
Axis Mutual Fund introduces ‘Micro-Investment’ to attract first-time investors
According to the fund house, the initiative is targetted at newcomers who often delay investing due to uncertainty about which schemes to pick or how to assess risk. By letting investors allocate even Rs 1,000 across up to 10 schemes, the platform is designed to encourage hands-on learning.
INDIA
India will continue to defend itself against all forms of terrorism, says EAM Jaishankar at SCO summit in Moscow
Speaking at one of the sessions of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) member states in Moscow, Jaishankar said it is within New Delhi's exclusive right to defend its people and the Indian territory against all forms of terrorism.
BUSINESS
Japan’s bond market hits turbulence: why global investors are watching, and what it could mean for India
For equity investors, a big risk comes from a shift in global sentiment: sudden volatility in Japan often prompts investors to de-risk across emerging markets such as India even when fundamentals are unchanged.
BUSINESS
Finsec Law Advisors expands operations with a new office in Bengaluru
Finsec Law Advisors advises listed companies, intermediaries, funds, and exchanges on a wide range of matters, including transaction structuring, wealth management, fintech, corporate governance, and investor activism.
BUSINESS
Tenneco Clean Air India shares expected to make decent stock market debut; experts recommend post-listing strategy
Platforms tracking grey market activity pegged the company’s grey market premium (GMP) at over 30 percent.
BUSINESS
Apollo Micro Systems subsidiary completes acquisition of IDL Explosives
The company has completed the acquisition of IDL Explosives Ltd from GOCL Corporation Ltd.
INDIA
‘Glad to have been in audience’: Shashi Tharoor’s praise for PM risks new Congress backlash
According to Tharoor, the Prime Minister devoted a major part of his address to overturning Macaulay’s two-century-old “slave mentality” and colonial thinking
BUSINESS
Ascertis Credit raises record $520 million in first close of Fund IV
The fund, with a target fund raise of USD 1 billion, attracted a broad mix of existing and new institutional investors, family offices, and high-net-worth individuals across global markets and India.
BUSINESS
2025 IPO scorecard: Charting the top 20 winners and losers
Market momentum has been strong this year. About 66 percent of the 87 companies that went public this year ended their debut day with gains
