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Stories from earlier this week and beyond.

GM cuts hundreds of IT jobs as it bets more on EVs AI and software transformation

GM cuts hundreds of IT jobs as it bets more on EVs AI and software transformation

General Motors has begun laying off 500 to 600 IT employees worldwide, with the biggest impact in Warren Michigan and Austin Texas. The company says the moves support a broader restructuring of its technology department as it tightens costs while continuing major investments in EVs AI and software. GM did not disclose the final affected headcount but continues hiring for selected tech roles.

Summarised by Beize from a story on Startup Talky on 13 May 2026
India to China how governments are cushioning households from energy price shocks

India to China how governments are cushioning households from energy price shocks

From India to China, governments are rolling out a patchwork of measures to blunt rising energy costs tied to the U.S. Israeli war on Iran. Policies range from fuel tax tweaks and strategic reserve releases to subsidies, tax cuts, and external financing. Some countries are also pushing conservation and accelerating domestic supply and alternative energy to reduce future shocks.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Sensex rebounds and Nifty tops 23400 as rupee snaps back from record low—what next for markets

Sensex rebounds and Nifty tops 23400 as rupee snaps back from record low—what next for markets

Indian stocks snapped a four-day losing streak as Sensex rose 120 points and Nifty reclaimed the 23,400 mark. The rebound was supported by a stronger rupee and easing oil prices, even as geopolitical tensions linger. Midcap and smallcap stocks joined the rally, with Asian Paints among the standout performers. Traders now watch whether the momentum can hold.

Summarised by Beize from a story on The Economic Times on 13 May 2026
India urges Bangladesh to verify illegal migrants fast to enable repatriation and protect border security

India urges Bangladesh to verify illegal migrants fast to enable repatriation and protect border security

India says it is in talks with Bangladesh over illegal migration, urging Dhaka to verify the nationality of people listed as illegal migrants. The MEA says faster verification is needed to proceed with repatriation through established legal and bilateral channels, while emphasizing that border security remains a top priority for both sides.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Brokerages turn bullish on Meesho and Swiggy with calls offering up to 48% upside

Brokerages turn bullish on Meesho and Swiggy with calls offering up to 48% upside

Brokerages have started coverage on Meesho, Swiggy, and three other Indian stocks, spotlighting big upside potential. JP Morgan rates Meesho “Overweight” with about 11% upside, while Equirus gives Swiggy a “Buy” targeting roughly 48% gains. Analysts also turned constructive on Capillary Technologies, Shadowfax Technologies, and Shyam Metallics.

Summarised by Beize from a story on The Economic Times on 13 May 2026
US corporate bond rally surges as spreads tighten and liquidity draws investors back

US corporate bond rally surges as spreads tighten and liquidity draws investors back

US corporate bond markets are rallying as credit spreads tighten, new issuance picks up, and liquidity stays strong. Investors with cash on the sidelines are rotating into risk assets for higher yields, even with geopolitical tensions in the background. Corporate balance sheets look healthy and earnings trends remain steady, reinforcing confidence.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Google unveils Android 17 Gemini Intelligence and new hardware aiming for a unified smart desktop experience

Google unveils Android 17 Gemini Intelligence and new hardware aiming for a unified smart desktop experience

Google’s Android show 2026 reframed Android as an intelligence system, not just a phone platform. Gemini is set to expand into the OS for proactive task completion and stronger visual reasoning. Alongside Android 17’s multitasking and security upgrades, Googlebook and Aluminum OS point to a more unified desktop like experience across devices.

Summarised by Beize from a story on The Economic Times on 13 May 2026
India digital lending booms as apps disburse fast credit with hidden risks for young borrowers

India digital lending booms as apps disburse fast credit with hidden risks for young borrowers

India’s digital lending boom is reshaping credit access as mobile apps disburse large loan volumes quickly, especially for younger borrowers and underserved regions. The same convenience is drawing tougher regulatory focus on transparency and consumer protection. Yet risks remain as the sector evolves, testing how fast growth can coexist with fair lending practices.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Google backed Isomorphic lands 2.1 billion to speed AI drug discovery toward cures

Google backed Isomorphic lands 2.1 billion to speed AI drug discovery toward cures

AI drug discovery company Isomorphic Labs has raised a staggering $2.1 billion in funding led by Thrive Capital, with support from Google-backed momentum. The fresh cash is set to expand its AI drug design engine and push timelines for early clinical testing, now expected to start by late 2026, as the company targets faster routes to treating disease.

Summarised by Beize from a story on The Economic Times on 13 May 2026
India’s gold import duty hike to 15 may last a year, Senco warns jewellery demand could fall

India’s gold import duty hike to 15 may last a year, Senco warns jewellery demand could fall

India’s increased import duty on gold and silver could keep jewelry demand under pressure for up to a year, Senco MD Suvankar Sen said. Senco Gold expects volumes to fall 10–15% as shoppers shift toward lighter jewellery. The higher duty is intended to conserve foreign exchange reserves and support economic stability amid ongoing global uncertainty.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Training aircraft crashes near Baramati airport Pune district report

Training aircraft crashes near Baramati airport Pune district report

A training aircraft reportedly crashed near Baramati airport in Pune district, according to ANI citing Pune Rural Police. Emergency responders rushed to the location as authorities began investigating the incident. The report has not yet confirmed passenger details, aircraft status, or the cause, but local police have initiated inquiries to determine what led to the crash.

Summarised by Beize from a story on The Economic Times on 13 May 2026
MSCI reshuffles India stocks again MCX and Indian Bank enter while RVNL and Kalyan Jewellers exit

MSCI reshuffles India stocks again MCX and Indian Bank enter while RVNL and Kalyan Jewellers exit

MSCI’s May 2026 index rejig will reshuffle India constituents without changing the country’s overall count in the MSCI Standard Index, which stays at 165 stocks. MCX and Indian Bank are added, while Rail Vikas Nigam Limited and Kalyan Jewellers are removed, effective after market close on May 29. MSCI also plans a broader small-cap cleanup with more than a dozen exits.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Ted Cruz backs Kids Online Safety Act advancing new rules for social media platforms

Ted Cruz backs Kids Online Safety Act advancing new rules for social media platforms

The Kids Online Safety Act is moving forward after Senator Ted Cruz announced his support, clearing a major legislative hurdle. The bill would require social media companies to use “reasonable care” when designing features that could harm minors, including systems that may contribute to issues such as eating disorders and depression.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Training Aircraft Crashes in Baramati Again Trainee Pilot Escapes Months After Ajit Pawar Tragedy

Training Aircraft Crashes in Baramati Again Trainee Pilot Escapes Months After Ajit Pawar Tragedy

A training aircraft operated by the Redbird company crashed near Gojubabi village in Baramati, Maharashtra, during a routine exercise on Wednesday. Initial reports say the trainee pilot escaped safely, avoiding casualties. The incident comes months after Deputy CM Ajit Pawar’s fatal plane crash, reigniting scrutiny over aviation safety in the region.

Summarised by Beize from a story on Republic on 13 May 2026

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Gold imports get pricier as Centre hikes customs duty to 15% shaking Titan Kalyan shares

Gold imports get pricier as Centre hikes customs duty to 15% shaking Titan Kalyan shares

The Centre has raised customs duty on gold and silver imports to 15%, putting pressure on jewellery stocks such as Titan Company and Kalyan Jewellers. The government says the higher levy will curb demand, help narrow the trade deficit, and support the rupee. For consumers, it may translate into higher costs and postponed purchases, impacting sales momentum.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Gold and silver spike after import duty hike Investors may need a rethink fast

Gold and silver spike after import duty hike Investors may need a rethink fast

Gold and silver surged on MCX after the Centre raised customs duty on precious metal imports to 15%, driving sharp gains in June gold futures and July silver futures. The move also comes as US consumer inflation rose, cooling hopes of an imminent Fed rate cut and adding volatility to global bullion sentiment. Investors now face a price shock that may not be short lived.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Delhi to see thunderstorms and strong winds tonight AQI moderate IMD forecast next days

Delhi to see thunderstorms and strong winds tonight AQI moderate IMD forecast next days

Delhi is set to face thunderstorms, lightning, and strong winds up to 50 kmph tonight, with maximum temperatures hovering around 37–39°C. The IMD forecast suggests conditions improve from May 14, turning clearer as temperatures climb to 40–42°C by May 17–18. Meanwhile, Delhi’s AQI is currently in the moderate range.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Goolsbee warns US services inflation is worsening after weak April data hits Fed confidence

Goolsbee warns US services inflation is worsening after weak April data hits Fed confidence

Chicago Fed President Austan Goolsbee flagged rising risks from U.S. services inflation, saying fresh data shows price pressures shifting in an unfavourable direction. He noted inflation is still proving sticky even as the labour market holds steady, keeping policymakers cautious while the Federal Reserve weighs its next rate move amid mixed economic signals.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Kannada actor Dileep Raj dies at 48 after sudden heart attack at home

Kannada actor Dileep Raj dies at 48 after sudden heart attack at home

Kannada actor Dileep Raj has died at 48 after a heart attack at his residence, leaving colleagues, friends, and fans in shock. Known for his work in film and television, his sudden death has prompted an outpouring of condolences, while attention has also turned to his last Instagram post, which is going viral online.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Wembanyama erupts as Spurs crush Wolves to seize 3 2 series lead

Wembanyama erupts as Spurs crush Wolves to seize 3 2 series lead

Victor Wembanyama returned in dominant fashion as the San Antonio Spurs thumped the Minnesota Timberwolves 126-97. The star posted 27 points and 15 rebounds to swing momentum decisively, handing San Antonio a 3-2 lead in the Western Conference semifinal series. The Spurs will now play the next game in Minneapolis with the chance to take control.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Gold jewellery set to cost more in India as import duties jump

Gold jewellery set to cost more in India as import duties jump

India has raised import duties on gold and silver, a policy aimed at cutting foreign exchange outflow and easing pressure on reserves. The change is expected to push up jewellery prices for consumers, while encouraging domestic recycling and less dependence on imported metal. The move also carries implications for traders and the broader economy as demand shifts.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Anthropic names eight unauthorised platforms where investors may be buying non transferable shares

Anthropic names eight unauthorised platforms where investors may be buying non transferable shares

Anthropic says eight secondary marketplaces are selling its shares without authorization, warning investors that those buys won’t be recognized because the company doesn’t allow transfers through those channels. The firm has previously warned about fraudulent share certificates and now specifically cites platforms such as Hiive and Forge Global as violating its transfer restrictions.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Five NSE F&O stocks surge as futures open interest spikes traders rush in Indian Hotels stands out

Five NSE F&O stocks surge as futures open interest spikes traders rush in Indian Hotels stands out

On May 12, five NSE F&O names including Indian Hotels, Kaynes Technology, Vedanta, Wipro and KPIT Technologies saw sharp gains in futures open interest. Market observers read this as signs of heightened trader participation and the creation of fresh derivative positions, pointing to increased activity in the F&O segment rather than a purely passive reaction.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Jason Collins dies at 47 after brain cancer and his husband Brunson Green stood by him throughout

Jason Collins dies at 47 after brain cancer and his husband Brunson Green stood by him throughout

Former NBA player Jason Collins died at 47 after a battle with brain cancer. His husband, film producer Brunson Green, became a steady support throughout his treatment, travel, and final days. Green, known for producing The Help, met Collins in 2013 and the couple married in 2025 after about a decade together.

Summarised by Beize from a story on The Economic Times on 13 May 2026
NEET UG 2026 paper leak probe handed to CBI guess paper allegedly sold for up to Rs 25 lakh

NEET UG 2026 paper leak probe handed to CBI guess paper allegedly sold for up to Rs 25 lakh

The CBI has taken over the investigation into an alleged NEET UG 2026 paper leak after Rajasthan Police pointed to a wider “paper leak mafia” operating across multiple states. A case has been registered and suspects are being questioned. Investigators claim they found striking matches between a “guess paper” that was sold and the actual exam questions.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Petrol Diesel Prices Today May 13 Retailers Face Crushing Losses of Over Rs 1000 Crore Daily

Petrol Diesel Prices Today May 13 Retailers Face Crushing Losses of Over Rs 1000 Crore Daily

Petrol and diesel prices today remain unchanged despite the West Asia crisis, but Petroleum Minister Hardeep Singh Puri warned that oil companies are logging daily losses exceeding Rs 1,000 crore. Retailers, squeezed by these pressures, may force the government to take a call on price hikes soon, even as prices at the pump have held steady.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Air India cancels flights to multiple destinations as fuel prices bite harder than expected

Air India cancels flights to multiple destinations as fuel prices bite harder than expected

Air India has reportedly terminated flights to multiple destinations, blaming mounting fuel costs and tighter economics. The move affects selected routes, adding uncertainty for passengers who may have booked travel expecting services to run. The airline’s decision reflects how volatile energy prices are reshaping flight schedules and forcing operational cuts across the aviation sector.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Sonata Software among five Nifty500 stocks closing over 2.5% below VWAP as selling intensifies

Sonata Software among five Nifty500 stocks closing over 2.5% below VWAP as selling intensifies

On May 12, five Nifty500 stocks including Sonata Software finished more than 2.5% below their VWAP, a sign that the closing price undercut the volume-weighted average. Analysts read this as stronger selling pressure, weaker intraday sentiment, and a potential near-term downside risk for the flagged counters.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Air India denies cancelling all international flights but cuts some routes till July

Air India denies cancelling all international flights but cuts some routes till July

Air India pushed back against claims it will cancel all international flights until July, saying the reality is more limited. The carrier is temporarily reducing some overseas operations, citing soaring jet fuel costs and longer flight times caused by airspace constraints—factors that are squeezing profitability on specific international routes.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Iran inflation surges as economy shrinks testing daily survival under US blockade and war

Iran inflation surges as economy shrinks testing daily survival under US blockade and war

Iran is grappling with deep economic strain as war pressure and US sanctions intensify. Prices for essentials like food and medicine have soared, while job losses and business closures spread. The currency has devalued sharply, pushing inflation and poverty onto ordinary households. Officials now ask citizens to endure for the war effort despite worsening daily conditions.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Vijay’s Tamil Nadu majority test begins as TVK and AIADMK unity faces a confidence vote

Vijay’s Tamil Nadu majority test begins as TVK and AIADMK unity faces a confidence vote

Tamil Nadu CM and TVK chief C Joseph Vijay is set to face a floor test today in the State Legislative Assembly to prove his government’s majority. With TVK and AIADMK MLAs arriving at the Secretariat ahead of the vote, the outcome will test the strength of the ruling camp’s alliance and expose cracks, if any, in unity.

Summarised by Beize from a story on Republic on 13 May 2026
India Auto Sales April 2026 EVs Surge 41% and Tata Motors Dominates SUV Boom With Punch Nexon

India Auto Sales April 2026 EVs Surge 41% and Tata Motors Dominates SUV Boom With Punch Nexon

India’s auto market started FY27 strongly in April 2026, with EVs and SUVs driving the momentum. Overall EV sales jumped 41% YoY, led by a 61% surge in electric two-wheelers. Tata Motors stood out in passenger vehicles, clocking 59,000 sales and powering its growth largely through the Punch and Nexon SUVs.

Summarised by Beize from a story on Startup Talky on 13 May 2026
Isomorphic Labs nears 2 billion funding to supercharge drug design engine

Isomorphic Labs nears 2 billion funding to supercharge drug design engine

Alphabet’s AI drug discovery venture, Isomorphic Labs, is reportedly close to raising over $2 billion in a round led by Thrive Capital. The fresh capital would strengthen its drug design engine and support rapid global expansion, highlighting how Alphabet is doubling down on high-stakes AI bets beyond search and ads.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Crude oil slips after three day rise as Hormuz stays shut and U S China talks loom

Crude oil slips after three day rise as Hormuz stays shut and U S China talks loom

Crude oil prices dipped after a three-day climb as traders weighed a fragile Iran ceasefire and expectations ahead of a U.S.-China summit. Despite the pullback, analysts say the Strait of Hormuz is still effectively shut, constraining supply and keeping inflation risks high. If disruptions continue, further price surges remain possible.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Prateek Yadav dies at 38 days after being rushed to Lucknow Civil Hospital

Prateek Yadav dies at 38 days after being rushed to Lucknow Civil Hospital

Prateek Yadav, the younger son of former Samajwadi Party leader Mulayam Singh Yadav and husband of BJP leader Aparna Bisht Yadav, has died at 38. He was taken to Civil Hospital in Lucknow, where doctors pronounced him brought dead. The family’s death confirmation has been reported as a developing story.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Vijay led TVK government braces for Tamil Nadu floor test today to prove majority and stability

Vijay led TVK government braces for Tamil Nadu floor test today to prove majority and stability

Chennai is set for a high-stakes floor test in the Tamil Nadu Assembly on Wednesday. The C Joseph Vijay led TVK government must prove it has the required majority to secure its mandate. TVK says it has backing from allies and a faction of AIADMK MLAs, with the result expected to decide whether the new administration holds steady.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

Adani Power has received Competition Commission of India approval to fully acquire GVK Energy through its subsidiary Alaknanda Hydro Power Ltd. The deal, cleared on May 12 under the Insolvency and Bankruptcy Code, brings a 330 MW Srinagar hydropower project in Uttarakhand. The acquisition boosts renewables and expands Adani’s geographic footprint as its capacity targets rise.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
CBI registers FIR into Chandranath Rath murder and flags conspiracy organized crime links

CBI registers FIR into Chandranath Rath murder and flags conspiracy organized crime links

The CBI has registered an FIR and opened an investigation into the murder of Chandranath Rath, the PA of West Bengal Chief Minister Suvendu Adhikari. Rath, a former Indian Air Force personnel, was shot dead near Madhyamgram on May 6. A court remanded three arrested suspects to police custody until May 24, while the agency suspects conspiracy and organized crime.

Summarised by Beize from a story on Republic on 13 May 2026
Mulayam Singh Yadav Son Prateek Yadav Dies at 38 Family and Net Worth Revealed

Mulayam Singh Yadav Son Prateek Yadav Dies at 38 Family and Net Worth Revealed

Prateek Yadav, the younger son of Samajwadi Party founder Mulayam Singh Yadav and his second wife Sadhana Gupta, has died at 38. He was the stepbrother of SP chief Akhilesh Yadav and was married to Aparna Yadav, a BJP leader. The article recounts his family background, his life beyond politics, and related net worth details.

Summarised by Beize from a story on Republic on 13 May 2026
Junaid Khan says Aamir Khan should do just one film in five years

Junaid Khan says Aamir Khan should do just one film in five years

Junaid Khan discussed Ek Din’s box office and explained why he plans to limit Aamir Khan’s involvement in his future projects. The new actor says his priorities are building his own space in the industry, and that frequent releases matter more right now. In doing so, he also shares a surprising view on Aamir’s on-screen workload.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Revenge of the Nerds Ogre actor Donald Gibb dies at 71 amid Texas health complications

Revenge of the Nerds Ogre actor Donald Gibb dies at 71 amid Texas health complications

Donald Gibb, best known for playing Ogre in Revenge of the Nerds, has died at 71. Reports say he passed away in Texas after health complications. His son confirmed Gibb was at home with family when he died. Beyond Ogre, Gibb also appeared in films including Stripes and Conan the Barbarian.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Modi orders SPG to slash convoy by nearly half and boost electric vehicles to cut fuel

Modi orders SPG to slash convoy by nearly half and boost electric vehicles to cut fuel

Prime Minister Narendra Modi has directed the Special Protection Group to cut his official convoy vehicles by nearly half, signaling a wider government austerity drive. The order also pushes for greater use of electric vehicles and is prompting officials to explore additional fuel-saving steps such as metro travel and carpooling across ministries.

Summarised by Beize from a story on The Economic Times on 13 May 2026
India Japan push deeper cooperation on critical minerals semiconductors and ICT to build resilient supply chains

India Japan push deeper cooperation on critical minerals semiconductors and ICT to build resilient supply chains

India and Japan have stepped up economic cooperation through a key dialogue centered on industrial and technological partnerships. Both sides prioritised critical minerals, semiconductors, ICT, clean energy, and pharmaceuticals, with a shared focus on building resilient supply chains. Talks also extended to defence, trade, and energy security, signalling broader strategic alignment.

Summarised by Beize from a story on The Economic Times on 13 May 2026
MobiKwik Turns Profitable in Q4 as UPI Margins Rise and India Bans Uncertified CCTV Imports

MobiKwik Turns Profitable in Q4 as UPI Margins Rise and India Bans Uncertified CCTV Imports

MobiKwik delivered a profitable Q4, posting ₹4.4 crore profit despite revenue contraction. Better payments margins—driven by lower gateway costs and higher-margin merchant activity—helped offset the drag from surging zero-MDR UPI volume. The company is also reshaping its mix with ZIP EMI lending and expanding merchant QR and POS investments. Separately, India’s CCTV shake-up is pushing AI camera and chip startups to fill the China gap.

Summarised by Beize from a story on Inc42 on 13 May 2026
Prateek Yadav dies at 38 in Lucknow and his first Instagram post leaves a haunting message

Prateek Yadav dies at 38 in Lucknow and his first Instagram post leaves a haunting message

Prateek Yadav, 38, stepbrother of Akhilesh Yadav and husband of BJP leader Aparna Yadav, died in Lucknow. Friends and family noted his passion for fitness and deep bond with his pet, reflected in recent Instagram posts. His first post on the feed reportedly begins with a line about how life should treat you. The cause of death is still under investigation.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Dollar edges toward one week high as hot US inflation boosts Fed hike bets and oil sours markets

Dollar edges toward one week high as hot US inflation boosts Fed hike bets and oil sours markets

A surprise spike in US inflation lifted Treasury yields and strengthened the dollar near a one week high. The euro and sterling weakened as rate hike expectations jumped, while rising oil prices tied to Middle East tensions kept investors cautious. The dollar index stayed firm despite sluggish equities, and the yen held steady after speculation about intervention.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Trilegal appoints ex Visa India leader Sandeep Ghosh as first CEO in major leadership shift

Trilegal appoints ex Visa India leader Sandeep Ghosh as first CEO in major leadership shift

Trilegal has appointed Sandeep Ghosh, formerly Visa India head, as its first CEO—an unusual move for a law firm that typically keeps top leadership within legal ranks. Backed by deep banking and financial-services experience, Ghosh will focus on strategy, growth, and adapting to changing client expectations as legal services embrace technology.

Summarised by Beize from a story on The Economic Times on 13 May 2026
NEET solver gang busted in Nalanda with MBBS student among two arrested for fake admit cards

NEET solver gang busted in Nalanda with MBBS student among two arrested for fake admit cards

Nalanda Police cracked an organised NEET solver gang during a high-alert vehicle inspection on Pavapuri Road ahead of the now-cancelled NEET-UG 2026 exam. Three people, including a second-year MBBS student, were apprehended after police found cash and fake admit cards, raising concerns about exam-time fraud networks.

Summarised by Beize from a story on Republic on 13 May 2026
Dil Foods raises Rs 72 crore Series B to scale cloud kitchen brands faster

Dil Foods raises Rs 72 crore Series B to scale cloud kitchen brands faster

Dil Foods, a virtual restaurant enabler, raised Rs 72 crore in a Series B led by Bikaji Foods Family office, with backing from international funds and existing investors. The round takes total funding to Rs 113 crore. The company plans to diversify cuisines, enter new high-growth markets, and scale from 300+ partners across six cities toward 600 locations by FY28.

Summarised by Beize from a story on YourStory on 13 May 2026
Silicon Road Ventures and Ajay Mahajan launch Rs 150 crore AI fund for agentic B2B startups

Silicon Road Ventures and Ajay Mahajan launch Rs 150 crore AI fund for agentic B2B startups

Silicon Road Ventures has teamed up with former Bank of America India MD Ajay Mahajan to launch a Rs 150-crore alternative investment fund. The vehicle will back early-stage startups building agentic AI solutions for B2B commerce tech, with a focus on supply chain and fintech use cases.

Summarised by Beize from a story on The Economic Times on 13 May 2026
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