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Stories from earlier this week and beyond.

IndusInd ex CFO sues for Rs 70 crore claiming wrongful termination and reputational damage

IndusInd ex CFO sues for Rs 70 crore claiming wrongful termination and reputational damage

Former IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit in the Bombay High Court, alleging wrongful termination. He is seeking ₹20 crore for lost earnings and ₹50 crore for reputational damage and mental trauma. The suit claims Jain repeatedly tried to resign and demanded an external audit into alleged accounting lapses.

Summarised by Beize from a story on The Economic Times on 5 May 2026
NCLAT rejects Vedanta challenge to Adani bid for Jaiprakash Associates insolvency deal

NCLAT rejects Vedanta challenge to Adani bid for Jaiprakash Associates insolvency deal

The NCLAT has dismissed Vedanta Ltd’s plea against the Gautam Adani group’s winning bid for bankrupt Jaiprakash Associates. The tribunal found Vedanta’s petitions without merit and upheld the Committee of Creditors’ ₹14,535-crore decision. Jaiprakash had entered insolvency after failing to repay bank dues exceeding ₹57,000 crore.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Sebi chief warns bankers and insurers against commodity trading over mounting risks

Sebi chief warns bankers and insurers against commodity trading over mounting risks

Sebi Chairman Tuhin Kanta Pandey said India’s banking and insurance regulators are not in favour of allowing lenders and insurers to trade in commodity markets, citing legitimate concerns. Separately, Sebi is preparing an advisory on emerging AI risks, warning that powerful models can exploit weaknesses at speed. The regulator is also set to roll out C-KYC 2.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Retail cuts direct equity bets as mutual funds hit record high

Retail cuts direct equity bets as mutual funds hit record high

Individual investors trimmed direct equity exposure for a third straight quarter, even as mutual fund holdings climbed to an all-time high. The shift was powered by strong retail inflows into MFs. At the same time, foreign ownership slid to a 14-year low amid risk-off sentiment, while domestic institutional holdings rose to a fresh peak.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Bengal company stocks jump after BJP win sparks a sentiment rally

Bengal company stocks jump after BJP win sparks a sentiment rally

Shares in several West Bengal-linked companies rose Monday after BJP’s victory in the state assembly polls. Gains were seen in CESC, McLeod Russel India, Dhunseri Tea, Bandhan Bank and Emami. Analysts say the move looks sentiment-driven rather than fundamentals-led, urging investors to wait for the new administration’s policy direction before making big bets.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Fervo Energy IPO could value geothermal startup up to 6.5 billion dollars

Fervo Energy IPO could value geothermal startup up to 6.5 billion dollars

Enhanced geothermal startup Fervo Energy is preparing for an IPO that could raise up to $1.3 billion and value the company at as much as $6.5 billion. The market debut underscores growing investor appetite for renewable energy technologies that aim to deliver steady, dispatchable power beyond intermittent solar and wind.

Summarised by Beize from a story on TechCrunch on 5 May 2026

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FIFA risks a World Cup 2026 broadcast crisis in India and China over rights gaps

FIFA risks a World Cup 2026 broadcast crisis in India and China over rights gaps

FIFA says it has signed broadcaster agreements across more than 175 territories for World Cup 2026, but India and China remain problematic for viewers. The gap raises questions about how rights deals will be finalized and delivered in the two most populous markets, where demand is enormous and negotiation timelines can make or break telecasts.

Summarised by Beize from a story on The Economic Times on 5 May 2026
White House considers AI model review order before public release, signaling a major policy shift

White House considers AI model review order before public release, signaling a major policy shift

The White House is reportedly considering an order requiring government executives to review AI models before they reach the public. The move would mark a notable shift from Donald Trump’s earlier approach, which rolled back Biden-era AI safety evaluations and argued regulation could hurt US competitiveness against China. Experts say the proposal could redefine how AI oversight works.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Sun TV stock tumbles 5.4% to Rs 572 after DMK loss sparks investor jitters

Sun TV stock tumbles 5.4% to Rs 572 after DMK loss sparks investor jitters

Sun TV shares fell 5.4% to Rs 572 following a DMK loss, intensifying volatility for the Sun Group controlled by Kalanithi Maran, a relative of Tamil Nadu Chief Minister MK Stalin. The stock slumped as much as 9.5% earlier in the session, briefly touching an intraday low of Rs 547.55 on BSE.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Hantavirus outbreak on cruise ship raises alarm over airborne rodent exposure

Hantavirus outbreak on cruise ship raises alarm over airborne rodent exposure

A hantavirus outbreak linked to a cruise ship has put passengers on alert after warnings that the virus can cause a severe, sometimes fatal respiratory illness. Health officials say transmission is mainly through airborne particles contaminated by rodent droppings or urine, and it does not spread easily person to person.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Gunman shot by security near Washington Monument as Secret Service cleared crowds

Gunman shot by security near Washington Monument as Secret Service cleared crowds

A man with a gun was shot by security agents near the Washington Monument, prompting the Secret Service to urge people to avoid the area. Emergency crews responded close to the White House at the same time President Donald Trump was holding a small business event, intensifying concerns over potential threats during a public-facing moment.

Summarised by Beize from a story on The Economic Times on 5 May 2026
CISA warns of CopyFail Linux bug actively exploited in hacking campaigns

CISA warns of CopyFail Linux bug actively exploited in hacking campaigns

The U.S. Cybersecurity agency CISA says the CopyFail bug is actively being leveraged in hacking campaigns and could endanger Linux-based servers and datacenters. Organizations running affected major Linux versions are urged to treat it as high risk, as the vulnerability appears to be in use in the wild rather than just a theoretical concern.

Summarised by Beize from a story on TechCrunch on 5 May 2026
Met Gala 2026 unveils daring dress code and a celebrity guest list

Met Gala 2026 unveils daring dress code and a celebrity guest list

Met Gala 2026 is setting a distinctly artistic tone with a dress code that urges guests to “express their relationship to fashion as an embodied art form.” The Monday-night fundraising spectacle also promises star power, with major A-listers including Beyoncé and Nicole Kidman among the headline names expected to bring bold looks and fashion storytelling to the spotlight.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Cerebras set for blockbuster IPO as OpenAI ties deepen and valuation may hit 26 6 billion

Cerebras set for blockbuster IPO as OpenAI ties deepen and valuation may hit 26 6 billion

AI chip maker Cerebras is reportedly lining up for a blockbuster IPO, with projections valuing the company at $26.6 billion or higher. What makes the story stand out is the strength of its relationship with OpenAI, described as deep and “rich,” hinting that demand and credibility from that tie may be central to its market momentum.

Summarised by Beize from a story on TechCrunch on 4 May 2026

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BJP sweeps Assam with 82 seats two thirds mandate as Congress sinks to 19

BJP sweeps Assam with 82 seats two thirds mandate as Congress sinks to 19

BJP has returned to power in Assam by winning 82 of 126 seats in the 2026 Assembly elections, granting it a clear two thirds mandate. Congress has slumped to 19 seats, while AGP and BPF each won 10. AIUDF and Raijor Dal were reduced to two seats apiece, and AITC opened its account with one seat.

Summarised by Beize from a story on Republic on 4 May 2026
Aroop Biswas resigns after Messi visit then loses Tollygunge seat to Papiya Adhikari

Aroop Biswas resigns after Messi visit then loses Tollygunge seat to Papiya Adhikari

TMC leader Aroop Biswas has lost the Tollygunge seat to BJP candidate and veteran actress Papiya Adhikari, marking a dramatic political reversal. Biswas’ setback comes after he resigned as Bengal Sports Minister following Lionel Messi’s controversial, chaotic visit to Kolkata—an episode that briefly dominated local headlines.

Summarised by Beize from a story on Republic on 4 May 2026
US stocks fall from record highs as Strait of Hormuz blast fuels Middle East fears

US stocks fall from record highs as Strait of Hormuz blast fuels Middle East fears

US stock indexes slipped from record highs as a blast involving a South Korean ship in the Strait of Hormuz reignited Middle East tensions. The move came even as first-quarter earnings remained strong, with investors prioritizing escalating geopolitical risk. Energy stocks rose on the confrontation, while broader market optimism faded amid fear of disruption.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Microsoft ships Agent 365 from preview to GA as shadow AI turns into a corporate security emergency

Microsoft ships Agent 365 from preview to GA as shadow AI turns into a corporate security emergency

Microsoft has pulled Agent 365 out of preview and into general availability, betting that autonomous “shadow AI” is already a day-to-day enterprise risk. The platform offers a unified way to inventory and govern AI agents across clouds, SaaS, and endpoints—plus discovery of local agents on managed Windows devices, with Defender-style “blast radius” context.

Summarised by Beize from a story on Venture Beat on 4 May 2026

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Amex ACE lets AI agents shop and pay with intent contracts and single use tokens

Amex ACE lets AI agents shop and pay with intent contracts and single use tokens

American Express is rolling out its Agentic Commerce Experiences kit to let AI agents register, receive permission, follow an “intent contract,” and pay using single-use tokens within the Amex network. The system emphasizes control and proof during disputes, but its validation logic is still largely opaque, raising trust and auditability concerns outside Amex’s closed loop.

Summarised by Beize from a story on Venture Beat on 4 May 2026
Epigamia appoints FMCG veteran Ritesh Gauba CEO as COO Ankur Goel becomes cofounder

Epigamia appoints FMCG veteran Ritesh Gauba CEO as COO Ankur Goel becomes cofounder

Deepika Padukone-backed D2C brand Epigamia has named former Mars executive Ritesh Gauba as CEO, tapping over 24 years of FMCG experience. COO Ankur Goel has been elevated to cofounder. The leadership changes follow the death of cofounder Rohan Mirchandani in December 2024. Epigamia sells across ecommerce, quick commerce, and 25,000 retail touchpoints, having raised about $60 million.

Summarised by Beize from a story on Inc42 on 4 May 2026
Aurm raises ₹42 crore to replace bank lockers with automated vaults

Aurm raises ₹42 crore to replace bank lockers with automated vaults

Fintech startup Aurm raised ₹42 crore in a Series A led by Earth Fund and Sattva Ventures to scale automated locker vaults inside residential complexes, office campuses and select bank branches. It says fewer than 20% of Indian bank branches offer locker services due to real estate and security costs. Aurm claims it cut setup costs by about 25% while offering 24/7 access and multi-layer security.

Summarised by Beize from a story on Inc42 on 4 May 2026
Sona Comstar eyes major acquisitions as EV order book ramps up growth plans

Sona Comstar eyes major acquisitions as EV order book ramps up growth plans

Sona Comstar says it is looking for acquisitions to put its cash reserves to work, while an expanding order book—now increasingly EV-led—supports its growth outlook. The company is open to deals of ₹2,000 crore or beyond, focusing on technology and adjacent new product areas, preferring domestic targets but leaving international options on the table.

Summarised by Beize from a story on The Economic Times on 4 May 2026
CHOSEN raises 5 million dollars Series A to expand clinically backed skincare and haircare pipeline

CHOSEN raises 5 million dollars Series A to expand clinically backed skincare and haircare pipeline

D2C skin and haircare brand CHOSEN has raised $5 million in a Series A led by Fireside Ventures, with support from L’Oréal’s corporate venture fund and dermatologists. Founded in 2020, the Chennai startup says it will use the funding to strengthen R&D, scale its centre of excellence, and expand clinically validated product lines across skincare, haircare, and wellness.

Summarised by Beize from a story on Inc42 on 4 May 2026
Kissht IPO subscription jumps to 60 percent on day two as retail lags behind

Kissht IPO subscription jumps to 60 percent on day two as retail lags behind

Kissht’s IPO for OnEMI Technology Solutions was subscribed about 60 percent by the end of day two of bidding, according to BSE data. QIBs led with roughly 1.45X oversubscription, while NIIs were only halfway subscribed. Retail participation stayed low at around 16 percent. The issue values the company near ₹2,881 crore at the upper price band.

Summarised by Beize from a story on Inc42 on 4 May 2026
Tsavorite raises $5 million to build full stack AI compute platform from chip to deployment

Tsavorite raises $5 million to build full stack AI compute platform from chip to deployment

Tsavorite, an AI compute startup, raised $5 million from Hyderabad VC Pavestone to build a full-stack compute platform spanning edge devices, enterprises, and data centres. The company is developing an “omni processing unit” that bundles compute, memory, and connectivity, aiming to reduce redundant data movement and lower power, cost, and complexity. Tsavorite also claims around $100 million in pre-orders.

Summarised by Beize from a story on Inc42 on 4 May 2026
Europe warns retaliation as Trump threatens higher auto tariffs in stalled trade pact

Europe warns retaliation as Trump threatens higher auto tariffs in stalled trade pact

Europe has signaled it could retaliate if Donald Trump moves to raise auto tariffs, escalating a long-running dispute tied to a transatlantic trade pact that remains unratified by EU lawmakers. An initial agreement was reached last July, but amendments have delayed approval. Trump says the bloc failed to meet deal obligations, widening tensions between the sides.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Mamata and Stalin lose seats as assembly results shock ruling parties nationwide

Mamata and Stalin lose seats as assembly results shock ruling parties nationwide

Recent assembly election results delivered a harsh blow to India’s ruling giants, with Chief Ministers Mamata Banerjee and MK Stalin losing their own seats. Prominent leaders from other parties also suffered setbacks, turning expectations on their head across multiple states. The surprise outcomes signal widening voter dissatisfaction and a rapidly shifting political map.

Summarised by Beize from a story on The Economic Times on 4 May 2026
John Williams says Fed is ready for Middle East uncertainty as rate cuts loom

John Williams says Fed is ready for Middle East uncertainty as rate cuts loom

New York Fed President John Williams said monetary policy is positioned to handle uncertainty from potential Middle East war risks. He expects interest rate cuts when inflation eases, while warning inflation pressures remain tied to tariffs and energy costs. Despite worries about possibly more severe supply shocks, he expects economic growth to stay resilient and the Fed to stay in a wait-and-see stance.

Summarised by Beize from a story on The Economic Times on 4 May 2026
NDA sweeps 5 of 7 bypolls while Congress grabs 2 in Karnataka battle

NDA sweeps 5 of 7 bypolls while Congress grabs 2 in Karnataka battle

A fresh round of by-elections across Gujarat, Maharashtra, Nagaland, and Tripura cemented the NDA’s dominance, with BJP and allies winning 5 of 7 seats. Congress managed to secure two victories in Karnataka, limiting the setback. The results, announced on Monday, underline how strongly the ruling alliance is holding key state pockets.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Congress led UDF wins Kerala in historic upset against LDF

Congress led UDF wins Kerala in historic upset against LDF

The Congress-led United Democratic Front has secured a historic victory in Kerala, defeating the Left Democratic Front and delivering a major setback to the Communist party. With the incumbent government voted out, the result marks a sharp shift in the state’s political trend. The win strengthens Congress’s grip, bringing it to govern four states overall.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Pharma exports top 31 billion in FY26 as US and China slump drives chaos

Pharma exports top 31 billion in FY26 as US and China slump drives chaos

Indian pharmaceutical exports crossed $31 billion in FY26 despite global headwinds. But March deliveries fell 23%, largely linked to weaker demand from the United States and China. Growth held up in markets such as Africa and Oceania, and vaccines led the fastest expansion, signaling a shift in where India’s drug makers are finding momentum.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Reliance Trust fights tax office move to cancel charitable registration over alleged commercial activity

Reliance Trust fights tax office move to cancel charitable registration over alleged commercial activity

Reliance charitable trust has challenged the tax department’s decision to cancel its registration, with officials citing alleged commercial activity behind renewal rejections. It isn’t alone: PD Hinduja Hospital and ISKCON are also appealing similar orders. The disputes threaten tax relief for the trusts and reduce eligible donor deductions tied to registered charitable status.

Summarised by Beize from a story on The Economic Times on 4 May 2026
DoorDash Kroger SNAP delivery expands to 2700 stores for millions of low income shoppers

DoorDash Kroger SNAP delivery expands to 2700 stores for millions of low income shoppers

DoorDash has begun delivering groceries from nearly 2,700 Kroger stores using SNAP benefits, aiming to make online grocery access easier for low-income Americans. The partnership targets food deserts and people with limited transportation, while a new customer offer grants free delivery on the first Kroger order—potentially reducing cost and distance barriers to healthy food.

Summarised by Beize from a story on The Economic Times on 4 May 2026
NCLT clears Aanand L Rai for arbitration against Eros after calling plea a disguise

NCLT clears Aanand L Rai for arbitration against Eros after calling plea a disguise

The NCLT has allowed filmmaker Aanand L Rai to proceed with arbitration in his dispute with Eros International Media. The tribunal rejected Eros’s attempt as a “dressed-up petition” meant to sidestep the arbitration clause both parties had agreed to. The matter will now move to arbitration, underscoring how strongly courts enforce contractual arbitration terms.

Summarised by Beize from a story on The Economic Times on 4 May 2026
upGrad nears Unacademy deal after 90% valuation cut in all stock offer

upGrad nears Unacademy deal after 90% valuation cut in all stock offer

Edtech giant upGrad is reportedly close to acquiring Unacademy via an all-stock deal valued at about ₹2,055 crore, a steep 90% drop from Unacademy’s 2021 peak acquisition expectations. Sources say CCI approval is sought this week, with Unacademy expected to bring ₹900–₹950 crore in cash at closing. Talks had stalled earlier over valuation mismatch.

Summarised by Beize from a story on Inc42 on 4 May 2026
May 4 verdict reshapes Indian politics with Bengal shift Assam surge and Tamil Nadu takeover

May 4 verdict reshapes Indian politics with Bengal shift Assam surge and Tamil Nadu takeover

The May 4 vote count across West Bengal, Assam, Tamil Nadu, Kerala, and Puducherry triggered more than seat tallies—it exposed a changing voter mood and weakened several familiar political strongholds. The results highlighted a BJP push in Bengal, an Assam hat-trick-style momentum, and TVK’s attempt to reshape Tamil Nadu’s power equation, signaling a broader realignment ahead.

Summarised by Beize from a story on Republic on 4 May 2026
BJP maiden West Bengal win signals faster reforms as economic pressure mounts

BJP maiden West Bengal win signals faster reforms as economic pressure mounts

BJP has not only notched its first victory in West Bengal but also retained Assam and Puducherry with alliance partners and secured a record three seats in Kerala. However, gains were uneven, with just one seat in Tamil Nadu compared to four in 2021. The mix of results may boost an acceleration of the NDA’s reforms even as economic headwinds persist.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Trump calls Fed Chair Powell a disaster as mortgage rates stay above 6.5 percent

Trump calls Fed Chair Powell a disaster as mortgage rates stay above 6.5 percent

Donald Trump sharply criticized Fed Chair Jerome Powell, calling him a “disaster” as US mortgage rates remain above 6.5% and fluctuate frequently. The pressure comes amid stubborn inflation, global conflict, and signs of economic slowdown, while market expectations can shift even when the Fed isn’t meeting. Home buyers are watching closely, often delaying decisions.

Summarised by Beize from a story on The Economic Times on 4 May 2026
RG Kar victim mother Ratna Debnath wins BJP seat ending TMC reign in Panihati

RG Kar victim mother Ratna Debnath wins BJP seat ending TMC reign in Panihati

RG Kar rape-murder victim’s mother Ratna Debnath has won the BJP contest from Panihati in North 24 Parganas, West Bengal. Her win ends Trinamool Congress’s 15-year hold on the constituency, marking a historic political shift amid ongoing attention on the RG Kar case.

Summarised by Beize from a story on Republic on 4 May 2026
HealthFab bags ₹20 crore Series A to expand beyond period underwear into full wellness

HealthFab bags ₹20 crore Series A to expand beyond period underwear into full wellness

Menstrual hygiene D2C startup HealthFab has raised ₹20 crore in a Series A led by Atomic Capital, with Mistry Ventures participating. The company plans to widen its menstrual wellness portfolio—from pain relief to fatigue and energy—while scaling quick commerce and general trade. It targets reaching 5 million users in three years and is shifting from a product-first model toward broader femtech.

Summarised by Beize from a story on Inc42 on 4 May 2026
Puducherry backs NDA again as N Rangasamy wins big for second term

Puducherry backs NDA again as N Rangasamy wins big for second term

Puducherry voters appear to be backing the NDA for a second straight term, with the AINRC-led alliance positioned to form the government. Incumbent Chief Minister N Rangasamy won the Thattanchavady constituency, while Election Commission trends show AINRC leading across multiple seats. With 16 seats needed to govern in a 30-member assembly, the NDA’s path to majority looks strong.

Summarised by Beize from a story on The Economic Times on 4 May 2026
UAE exits OPEC and warns Strait of Hormuz must stay open after drone attack

UAE exits OPEC and warns Strait of Hormuz must stay open after drone attack

The UAE says it has exited OPEC and OPEC+ as a sovereign choice, hours after an ADNOC tanker was struck by Iranian drones in the Strait of Hormuz. UAE officials condemned the incident as a terrorist attack and urged the shipping chokepoint to remain open, warning that closures could destabilize global trade and energy markets.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Kissht IPO at 850 Cr after revenue dip RBI pressure and a strategy shift that changed everything

Kissht IPO at 850 Cr after revenue dip RBI pressure and a strategy shift that changed everything

Kissht heads to an ₹850 Cr IPO with anchor investors committing ₹277.78 Cr, even as its FY25 revenue and profit dipped under RBI tightening for unsecured loans. Management says it stayed disciplined—slowing loan-book growth, focusing on borrower quality, and using its NBFC balance sheet. AUM grew to ₹5,956 Cr by Dec 2025, supported by tech, diversified sourcing, and expansion into LAP and health insurance.

Summarised by Beize from a story on Inc42 on 4 May 2026
Pinecone declares RAG over for agents and unveils a compilation layer that slashes token costs

Pinecone declares RAG over for agents and unveils a compilation layer that slashes token costs

Pinecone says the classic RAG-to-vector pipeline fails for agentic AI, where tasks require reassembling context across sources and sessions. The company’s Nexus shifts reasoning to a compilation stage, creating persistent, task-specific knowledge artifacts, plus KnowQL for declarative agent queries. An internal benchmark claims a 98% token reduction, aiming at deterministic grounding and governance-ready outputs.

Summarised by Beize from a story on Venture Beat on 4 May 2026
TVK stakes claim to form govt in Tamil Nadu as Congress tie up talk begins

TVK stakes claim to form govt in Tamil Nadu as Congress tie up talk begins

TVK is set to meet in Chennai as the party emerges as the largest force in Tamil Nadu, reportedly leading in over 100 constituencies. With plans to form the government underway, candidates are being called to the party office and talks with possible allies like the Congress are expected. Meanwhile, DMK has accepted the election results, signaling a major shift in the state’s politics.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Image AI models are boosting app downloads far faster than chatbots but revenue lags badly

Image AI models are boosting app downloads far faster than chatbots but revenue lags badly

Appfigures reports that when apps launch image AI models, downloads jump 6.5x compared with typical chatbot-era upgrades. The surprise is that this traffic spike often fails to translate into meaningful revenue, suggesting weak monetization, poor onboarding, or churn after the novelty fades. The race for visual AI is on—but conversion remains the bottleneck.

Summarised by Beize from a story on TechCrunch on 4 May 2026
TVK’s blockbuster debut makes it Tamil Nadu’s biggest party and topples CM MK Stalin

TVK’s blockbuster debut makes it Tamil Nadu’s biggest party and topples CM MK Stalin

Vijay-led TVK has stunned Tamil Nadu politics by emerging as the single largest party in its electoral debut. The party is leading in 107 constituencies, clearing the majority threshold needed to form the government. Gains span north, central and south districts, including a headline upset where CM MK Stalin has lost his seat, signaling an abrupt break from long-standing Dravidian dominance.

Summarised by Beize from a story on The Economic Times on 4 May 2026
PSG Bayern and Arsenal Atletico collide again as penalties loom in Champions League second legs

PSG Bayern and Arsenal Atletico collide again as penalties loom in Champions League second legs

Champions League second legs heat up as PSG host Bayern after a thrilling first match, while Arsenal meet Atletico with the tie still dead level. With a final potentially in Budapest, fans expect bigger drama than usual and sharp scrutiny of refereeing, especially any penalty calls that could swing the outcomes.

Summarised by Beize from a story on The Economic Times on 4 May 2026
NCLT clears Rs 730 crore revival plan for Rajesh Hotels after years in insolvency

NCLT clears Rs 730 crore revival plan for Rajesh Hotels after years in insolvency

The National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels, clearing the way for a consortium led by Rare Asset Reconstruction Company and Check-Inn Hotels to take over. The deal requires a ₹730 crore payment and follows the company’s insolvency admission in April 2022. Secured creditors will be fully settled under the approved plan.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Kerala election topples Pinarayi Vijayan as 13 ministers lose badly in UDF win

Kerala election topples Pinarayi Vijayan as 13 ministers lose badly in UDF win

Kerala’s Assembly election results mark a major shift, ending Pinarayi Vijayan’s Left Democratic Front (LDF) rule after 10 years. The Congress-led UDF’s victory is reflected in a sharp personal defeat for the ruling cabinet, with 13 of 21 state ministers losing their seats as Left strongholds fell across the state.

Summarised by Beize from a story on Republic on 4 May 2026
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