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BoB settles case with NMC Health for $600 million

State-owned Bank of Baroda has reached an out-of-court settlement with NMC Health PLC, NMC Healthcare Ltd and NMC Holding Ltd, agreeing to pay $600 million (about ₹5,700 crore) through its Abu Dhabi branch to resolve all claims without any admission of liability or wrongdoing.

Carlsberg files confidential papers with Sebi for IPO

Danish brewer Carlsberg A/S has confidentially filed draft papers with SEBI for an initial public offering expected to raise about $750 million (₹7,100 crore), with the share sale largely comprising an offer for sale by its promoters.

Oil Minister rules out cut in petrol, diesel prices until global crude stays low for a few weeks

Oil Minister Hardeep Singh Puri said a reduction in petrol and diesel prices would be possible if international crude oil prices remain at current levels for the next few weeks, adding that the government absorbed the impact of higher global energy prices during the West Asian conflict.

SC scraps NCLT, NCLAT rulings over AI-generated fake precedents; likens unchecked AI to Bhopal gas leak

The Supreme Court has set aside NCLT and NCLAT judgments after finding they relied on fake AI-generated judicial precedents, and has directed the Bar Council of India to frame norms on the use of artificial intelligence in legal proceedings.

Script & VO: Shakthi H

Published on July 3, 2026