- Activision shareholders reach $250 million settlement over Microsoft buyout May 27, 2026MICROSOFT-ACTIVISION-BLIZZARD-SHAREHOLDER-LAWSUIT:Activision shareholders reach $250 million settlement over Microsoft buyout
- American Air Sees Robust Demand Even as Consumer Sentiment Falls May 27, 2026American Airlines Group Inc. said it continues to see strong demand for travel, even as surging jet fuel drives up ticket prices and consumer confidence in the US edges down.
- Bata India Q4 profit plunges 95% on VRS costs, forex losses May 27, 2026Bata posted a “volume-led” 4.9% revenue growth in the quarter to ₹827.6 crore
- From company's $22 billion valuation to jail sentence: The rise and fall of Byju Raveendran May 27, 2026Byju Raveendran, founder of Byju's, has been sentenced to six months in prison by a Singapore court due to a loan default dispute with Qatar Investment Authority. Raveendran claims the matter is procedural and has announced plans to appeal.
- Coal India OFS subscribed over 8 times on day 1; govt to exercise greenshoe option May 27, 2026The Coal India OFS is part of the government’s broader disinvestment and public shareholding strategy aimed at improving market liquidity and raising non-tax revenue through stake sales in listed public sector enterprises.
- ET Graphics | Base to basket: India's IIP gets a major makeover May 27, 2026A new Index of Industrial Production launches on June 1. The base year shifts to 2022-23. Coverage expands to include minor minerals, rare earths, and waste management. One hundred twenty new items are added, such as CCTV cameras and vaccines. Sixty-four items are removed. This update provides a more comprehensive view of industrial activity.
- DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backing May 27, 2026The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy on the full bet value. This ruling validates tax evasion allegations of approximately ₹1 lakh crore against around 80 companies, paving the way for significant recovery proceedings.
- Piyush Goyal meets Canadian pension funds, investors in push for $50 bn trade May 27, 2026India's Commerce Minister Piyush Goyal is in Canada to forge new partnerships. He met with top Canadian pension funds and investors. Discussions focused on clean energy, technology, AI, and manufacturing. Canada announced a trade mission to India in November. Both nations aim to increase bilateral trade to $50 billion by 2030 and finalize an economic ag […]
- US trade negotiators to visit India from June 1-4 for interim trade deal talks May 27, 2026US Trade Representative (USTR) Jamieson Greer Wednesday said he expects to meet commerce and industry minister Piyush Goyal soon to finalise the India-US framework deal.
- Too hot to handle: Heatwave in North India slows textile, rice supply chains May 27, 2026Northern India's blistering heatwaves are wreaking havoc on vital industries, significantly hampering the trade of Basmati rice and textile production in the Delhi-NCR region. Workers face unbearable temperatures, resulting in increased absenteeism and interruptions in manufacturing processes. Additionally, erratic power supply complicates timely export […]
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