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Weekly News Platter |
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9 May, 2026, 07:55PM IST, PTI |
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Hello Reader,
In case you had a busy week, these are the top stories you need to get caught up to speed...
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TN: VCK, IUML extend support to TVK, uncertainty ends over govt formation |
| Vijay CM post news: The Viduthalai Chiruthaigal Katchi has officially pledged support to Vijay's Tamilaga Vettri Kazhagam. This backing is crucial for TVK to establish a majority government in Tamil Nadu. VCK President Thol. Thirumavalavan conveyed the confirmation to TVK General Secretary Aadhav Arjuna. The move signals a significant political development in the state. Read more |
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India may soon increase ethanol blending in petrol to 25% |
| 25% ethanol-blended petrol: India is speeding up its shift to renewable energy. Higher ethanol blending in petrol is being considered. This aims to cut reliance on imported crude oil. The nation is also boosting refining capacity and strategic oil reserves. These steps enhance energy security and shield the economy from global price shocks. Renewable energy, biofuels, and hydrogen are now key national priorities. Read more |
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Mittal family set to own 75% of Rajasthan Royals in $1.65 billion deal |
| The Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the team at approximately $1.65 billion. This significant acquisition includes ownership of associated teams in South Africa and the Caribbean. The transaction is anticipated to finalize in the third quarter of 2026. Read more |
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Reliance eyes billions in LEO satellites to build India's answer to Starlink |
| Reliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment in the low earth orbit segment. This move positions Reliance against global players like Starlink and Amazon Leo. Six teams are working on various project aspects. The initiative aligns with India's goal for a domestic satcom presence. Read more |
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Biocon’s Kiran Mazumdar-Shaw chooses niece Claire Mazumdar as successor: Report |
| Biocon founder Kiran Mazumdar-Shaw has announced her successor. Niece Claire Mazumdar will lead the company. Claire Mazumdar is the founder and CEO of Bicara Therapeutics. She holds advanced degrees and has prior industry experience. Biocon is also undergoing structural changes. The company focuses on biosimilars and integrating artificial intelligence. Other leadership transitions are also in progress across group companies. Read more |
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Tata Group, JSW to plow $1 billion in EV, battery tech |
| Indian giants Tata Group and JSW Group are investing close to $1 billion. They are building local capabilities in electric vehicle and battery technologies. This move aims to reduce dependence on Chinese tech. Tata's Agratas is spending over $400 million on battery research. JSW Motors plans to invest at least $500 million in a research hub. Read more |
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Bombay High Court declines urgent stay on Tata Trust meet |
| The Bombay High Court has declined to halt a crucial meeting of Sir Ratan Tata Trust trustees scheduled for Friday. A petition argued the trust's board composition violates new Maharashtra laws. The court clarified the petitioner can seek further relief from a vacation bench. The meeting's agenda includes reviewing the Trusts' representation on Tata Sons' board. Read more |
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One billion screens and counting: TATA IPL 2026 is the biggest season in IPL history, with 277 million average match reach |
| TATA IPL 2026 has set a new record, reaching over 1.06 billion screens. Connected TV viewership saw a significant jump. Linear television remains a major platform for viewers. The tournament is broadcast in multiple languages. New advertisers have joined this season. Expert analysis is also a key feature. Read more |
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