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LANXESS joins HPCL to sell aviation and industrial lubricants across SAARC region

LANXESS joins HPCL to sell aviation and industrial lubricants across SAARC region

Specialty chemicals firm LANXESS has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) to market aviation and industrial lubricants in India and across the SAARC region. The partnership is designed to expand availability of advanced lubricant solutions, leveraging HPCL’s distribution reach and LANXESS’s technical expertise to serve aviation and industrial customers.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Onward Technologies to repurchase Rs 180 crore shares at 20 premium without promoter participation

Onward Technologies to repurchase Rs 180 crore shares at 20 premium without promoter participation

Onward Technologies has approved a Rs 180 crore share buyback, repurchasing nearly 5.49 lakh shares at Rs 328 each, a 20% premium. This is the company’s first-ever buyback, with May 18 set as the record date. Promoters will not participate, and Centrum Broking has been appointed as the buyback manager.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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BCCI to tighten IPL discipline and access rules after incidents made board uncomfortable

BCCI to tighten IPL discipline and access rules after incidents made board uncomfortable

The BCCI is preparing stricter disciplinary and access-control measures for IPL 2026 after multiple incidents left the board uneasy, particularly over security and crowd or entry management. According to sources, the guideline is meant to reduce repeat trouble and strengthen control around the league, signaling a tougher stance for teams, officials, and related parties going forward.

Summarised by Beize from a story on Republic on 12 May 2026
RAW entered Pakistan assembly MLA claims sparks microphone cutoffs and protests

RAW entered Pakistan assembly MLA claims sparks microphone cutoffs and protests

A Pakistani lawmaker claimed colleagues were working for India’s intelligence agency RAW during a stormy assembly session. The accusation triggered loud protests and interruptions, prompting the Speaker to abruptly cut off the MLA’s microphone. The clip has since gone viral, intensifying debate over rising hostility and mistrust inside Pakistan’s political environment.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Hyqoo AI Engineer role demands 4 years for tool launched just three years ago

Hyqoo AI Engineer role demands 4 years for tool launched just three years ago

A Hyqoo AI Engineer job posting reportedly required 4+ years of experience with LangChain, a framework that launched in late 2022. The mismatch—experience exceeding the tool’s lifespan—sparked a viral Reddit debate and raised fresh questions about outdated hiring filters in fast-moving AI markets, where candidates may not have had time to gain “years” on newly released tech.

Summarised by Beize from a story on The Economic Times on 12 May 2026
India retail inflation rises to 3.48 in April as food prices push higher

India retail inflation rises to 3.48 in April as food prices push higher

India’s retail inflation inched up to 3.48% in April, driven mainly by firmer food prices. Food inflation rose to 4.20%, while personal care and miscellaneous goods saw the sharpest increases. Even with the uptick, inflation remains comfortably below the Reserve Bank of India’s 4% target, keeping the rate outlook relatively steady.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Astrologer Radhan Pandit lands CM special officer role after predicting Vijay rise

Astrologer Radhan Pandit lands CM special officer role after predicting Vijay rise

Astrologer Rickey Radhan Pandit, known for predicting C. Joseph Vijay’s political rise, has been appointed Officer on Special Duty to Tamil Nadu’s newly elected Chief Minister. The move follows TVK’s major breakthrough in the 2026 Assembly elections, where it exceeded expectations and disrupted long-standing political equations.

Summarised by Beize from a story on The Economic Times on 12 May 2026
India Russia near pact on critical minerals covering lithium rare earths and tech to cut China reliance

India Russia near pact on critical minerals covering lithium rare earths and tech to cut China reliance

India and Russia are reportedly in advanced talks for a critical minerals pact that would span exploration, processing and technology for resources like lithium and rare earths. The proposed framework is designed to reduce India’s dependence on China while enabling easier corporate investment. If finalized, it could strengthen long-term access to inputs key for clean energy and high-tech manufacturing.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Mekr raises ₹67 crore Series A to supercharge R&D and automation in electronics manufacturing

Mekr raises ₹67 crore Series A to supercharge R&D and automation in electronics manufacturing

Electronics manufacturing platform Mekr has raised ₹67 crore in a Series A round led by Avaana Capital, with Titan Capital Winners Fund participating. The startup will invest in R&D, product engineering, proprietary tooling, supplier localisation, and manufacturing automation. Founded in 2022, Mekr operates an end-to-end digital ODM platform and targets global export readiness from its Sonipat facility.

Summarised by Beize from a story on Inc42 on 12 May 2026
Coal gasification could shield India from future energy shocks and cut import dependence

Coal gasification could shield India from future energy shocks and cut import dependence

Experts say India should rapidly expand domestic coal gasification to reduce vulnerability to global energy shocks. By converting dry coal into syngas, the process can support alternative fuel use while lowering carbon emissions. The move is also framed as a step toward energy security and import substitution, with downstream benefits for critical sectors such as fertilizers.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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eBay Rejects GameStop Takeover Bid as Financing Doubts Sink the $56 Billion Plan

eBay Rejects GameStop Takeover Bid as Financing Doubts Sink the $56 Billion Plan

eBay has rejected GameStop’s audacious $56 billion takeover offer, citing concerns over financing. GameStop CEO Ryan Cohen had signaled he might approach eBay shareholders directly, but investors remain skeptical about the deal’s feasibility. The proposal would combine GameStop’s physical stores with eBay’s network, betting on an offline push that now looks stalled.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Samsung union threatens pay talk walkout as bonuses lag SK Hynix amid AI boom

Samsung union threatens pay talk walkout as bonuses lag SK Hynix amid AI boom

Samsung Electronics’ South Korea labour union is threatening to stop pay negotiations unless a mediation proposal is put forward. The union is pressing for a larger share of operating profit to boost performance bonuses, arguing payouts are smaller than rival SK Hynix. The dispute intensifies despite Samsung’s record profits fueled by the AI chip boom.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Honda NX500 adds E Clutch for clutch free shifting in India but the catch changes everything

Honda NX500 adds E Clutch for clutch free shifting in India but the catch changes everything

Honda Motorcycle & Scooter India has launched the updated NX500 with E-Clutch, an electronically controlled clutch designed to automate engagement during starts, stops, and gear shifts. The middleweight adventure tourer aims to deliver clutch-free riding while using Honda’s system to manage transitions. The updated NX500 is priced at ₹7.43 lakh ex-showroom and bookings are open.

Summarised by Beize from a story on Republic on 12 May 2026
NEET UG 2026 cancelled after paper leak claims 22 lakh students face re exam as CBI probes

NEET UG 2026 cancelled after paper leak claims 22 lakh students face re exam as CBI probes

NEET UG 2026, taken by over 22 lakh students, has been cancelled by the Central government over paper leak allegations. The National Testing Agency has announced a re-examination, with dates yet to be confirmed. The CBI will investigate the irregularities. Opposition leader Rahul Gandhi attacked the government over corruption and negligence that he says shattered students’ dreams.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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NEET UG 2026 Cancelled After Paper Leak NSUI Demands NTA Ban and Minister Resignation

NEET UG 2026 Cancelled After Paper Leak NSUI Demands NTA Ban and Minister Resignation

Students took to the streets outside Shastri Bhawan to protest the NEET UG 2026 paper leak. The National Testing Agency cancelled the exam, citing concerns that point to widespread irregularities. NSUI called the move a win for student power, pressing for the Education Minister’s resignation and demanding that the NTA be banned from conducting future exams.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Pregnant passenger delivers on Pune Supaul Express as RPF rushes to help in time

Pregnant passenger delivers on Pune Supaul Express as RPF rushes to help in time

A pregnant passenger went into labour aboard the Pune-Supaul Express near Ahilyanagar station and safely delivered her baby in a crowded general coach. Railway Protection Force personnel were alerted immediately, boarded the train without delay, and provided timely assistance to ensure both mother and child were safe. The swift response turned a tense moment into a relief-filled outcome.

Summarised by Beize from a story on Republic on 12 May 2026
Robinhood secretly gears up for second venture IPO amid AI surge plans

Robinhood secretly gears up for second venture IPO amid AI surge plans

Robinhood has reportedly filed confidentially for what would be its second venture fund, aiming at growth and early-stage startups. The move signals a deeper push beyond trading as the AI rally boosts investor appetite for new companies. While details remain limited, the filing suggests Robinhood wants to broaden its startup bets and position for a future retail-facing listing.

Summarised by Beize from a story on TechCrunch on 12 May 2026
McDonald’s Extra Value Menu Drives Growth as Competitors Stall in Q1 Results

McDonald’s Extra Value Menu Drives Growth as Competitors Stall in Q1 Results

McDonald’s is outperforming competitors in Q1, keeping market share steady as its new Extra Value Menu strengthens demand. The strategy is built around affordability, and the early results suggest it’s not just customers who are benefiting—franchisees are reporting stronger value perception and improved performance. With rivals struggling, McDonald’s’ focus on lower prices appears to be paying off.

Summarised by Beize from a story on Entrepreneur on 12 May 2026

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Thinking Machines targets real time AI conversation that listens as it speaks

Thinking Machines targets real time AI conversation that listens as it speaks

Thinking Machines says today’s AI conversations are built like text chains: it waits to listen, then replies. The company is developing a different approach where the model processes your input and generates its response simultaneously, closer to a phone call. The goal is faster, more natural back-and-forth that better matches how people actually talk.

Summarised by Beize from a story on TechCrunch on 12 May 2026
Japan apologizes over a three minute train delay and issues certificates for the minutes missed

Japan apologizes over a three minute train delay and issues certificates for the minutes missed

A tourist in Tokyo was just three minutes late to their destination after a train delay. Instead of brushing it off, authorities sent a formal apology that even specified the exact duration and issued official certificates. The staff reportedly apologized in person too, reflecting a culture where punctuality and accountability extend to the smallest disruption.

Summarised by Beize from a story on The Economic Times on 12 May 2026
West Bengal Restarts Ayushman Bharat AB PMJAY Cashless Care for Seniors From 70

West Bengal Restarts Ayushman Bharat AB PMJAY Cashless Care for Seniors From 70

West Bengal is restarting the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PMJAY), offering cashless health insurance up to Rs 5 lakh per family each year. The update opens eligibility for senior citizens aged 70 and above to apply for coverage, aiming to reduce out of pocket medical costs and ease financial stress on households across the state.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Amazon Bazaar sees fivefold growth in 2026 as Amazon folds low cost deals into its main app

Amazon Bazaar sees fivefold growth in 2026 as Amazon folds low cost deals into its main app

Amazon is stepping up its value commerce push in India. Amazon Bazaar, its low-cost marketplace, reportedly grew fivefold in 2026, and the company is now integrating it directly into the main Amazon app. The strategy targets price-sensitive shoppers by keeping most deals within tight limits, including items under Rs 300 and a Rs 600 cap, while leveraging Amazon’s existing logistics and platform reach.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Kedarnath temple earnings jump 34 percent to Rs 71 06 crore in 2024 25

Kedarnath temple earnings jump 34 percent to Rs 71 06 crore in 2024 25

Kedarnath temple’s income rose sharply to Rs 71.06 crore in 2024-25, up 34.32% from the prior year, according to an RTI response. The figure covers earnings from special pujas, donations, and helicopter services, while major expenses go to staff salaries and maintenance. The temple committee also manages multiple shrines and facilities.

Summarised by Beize from a story on The Economic Times on 12 May 2026
TikTok takes EU to court to fight gatekeeper label under Digital Markets Act

TikTok takes EU to court to fight gatekeeper label under Digital Markets Act

TikTok has challenged its EU “gatekeeper” status, arguing it doesn’t meet the Digital Markets Act’s strict eligibility criteria. The outcome could reshape how regulators apply DMA obligations to major platforms across Europe. A court decision is expected in the coming months, making this dispute a potential turning point for big tech oversight.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Musk and Tim Cook to join Trump in China alongside Boeing and Wall Street heavyweights

Musk and Tim Cook to join Trump in China alongside Boeing and Wall Street heavyweights

Elon Musk, Tim Cook, Boeing CEO Kelly Ortberg and GE Aerospace’s Larry Culp are set to join US President Donald Trump on his China trip, Reuters reports. The delegation also includes Meta’s Dina Powell McCormick, BlackRock’s Larry Fink, Blackstone’s Stephen Schwarzman, Micron’s Sanjay Mehrotra, and leaders from Mastercard, Qualcomm and Visa—highlighting high-stakes business diplomacy.

Summarised by Beize from a story on Republic on 12 May 2026
Four labour codes now live across India equal pay universal social security promises

Four labour codes now live across India equal pay universal social security promises

India has fully operationalised four new labour codes, consolidating 29 existing laws into a single modern framework. The government says the overhaul strengthens worker protection while making compliance easier for businesses. Key promises include equal pay for equal work and universal social security, with officials positioning the move as both pro-poor and industry-friendly.

Summarised by Beize from a story on The Economic Times on 12 May 2026
South Korean startup builds robot brains by recording workers real-life techniques

South Korean startup builds robot brains by recording workers real-life techniques

South Korean startup RLWRLD is training robots by capturing skilled workers’ real-world actions, from hotel staff folding napkins to logistics workers handling goods. The company is assembling a large human-expertise library that helps robots learn complex physical tasks. Its goal: turn humanoids into practical tools for next-generation factories and everyday homes.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Agilent and C-CAMP expand biopharma analytics access across India for cheaper faster drug research

Agilent and C-CAMP expand biopharma analytics access across India for cheaper faster drug research

Agilent Technologies has expanded its collaboration with C-CAMP to broaden India’s access to advanced, high-resolution analytical and mass spectrometry platforms. The shared-infrastructure model lets startups, academia, and industry use specialized workflows for tasks like biotherapeutic characterization and quantitative biomolecular analysis—reducing the need for large upfront capital investments while supporting more reproducible translational research.

Summarised by Beize from a story on IndianWeb2 on 12 May 2026
Arizona man arrested after dismembered remains allegedly found in suitcase

Arizona man arrested after dismembered remains allegedly found in suitcase

Police in Arizona arrested a man linked to the death of another man after investigators responded to an apparent homicide call. Dismembered remains were allegedly found in a suitcase, and authorities reported bleach and blood at the scene. The suspect now faces first-degree murder and kidnapping charges, as the investigation continues into what led to the crime.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Jensen Huang predicts AI boom for electricians and plumbers turning trades into six figure careers

Jensen Huang predicts AI boom for electricians and plumbers turning trades into six figure careers

Nvidia CEO Jensen Huang says the AI revolution will trigger a major U.S. infrastructure surge that needs more than software talent. He predicts electricians, plumbers, and builders could see wages rise as AI data centers are built at unprecedented scale. The shift suggests AI’s impact will extend into skilled manual work, potentially reshaping career paths for traditional trades.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Android and iPhone texts now get end to end encryption after years of pressure

Android and iPhone texts now get end to end encryption after years of pressure

After years of urging Apple to adopt RCS standards, Google says cross platform messaging between Android and iPhone users can now be end to end encrypted. The change aims to make conversations more seamless and safer, narrowing a major security and interoperability gap that persisted as both companies used different messaging systems.

Summarised by Beize from a story on TechCrunch on 12 May 2026
GM lays off hundreds of IT workers to hire AI native talent fast

GM lays off hundreds of IT workers to hire AI native talent fast

GM has reportedly laid off hundreds of IT employees while moving to recruit candidates with stronger AI capabilities. The company’s postings emphasize AI-native development, data engineering and analytics, cloud engineering, and work tied to agent and model development. It also highlights prompt engineering and new AI workflows, signaling a rapid redesign of parts of its tech team around machine-focused skills.

Summarised by Beize from a story on TechCrunch on 12 May 2026
HrdWyr raises 13 million to build AI native chips that think at the edge in real time

HrdWyr raises 13 million to build AI native chips that think at the edge in real time

Bengaluru fabless startup HrdWyr has raised $13 million in Series A led by Ideaspring Capital to accelerate its AI-native system-on-chip (AISoC) products. Founded by ex-industry leaders, it integrates AI directly into chip architecture for real-time edge processing, targeting power-sensitive markets like consumer electronics, EVs, white goods and data centres. The round also reflects surging investor momentum in India’s semiconductor push.

Summarised by Beize from a story on Inc42 on 12 May 2026
Crown Worldwide to double India investments with new Coimbatore storage and digitisation facility

Crown Worldwide to double India investments with new Coimbatore storage and digitisation facility

Crown Worldwide Group will invest an additional $30 million in India over the next two years, expanding its capacity in a fast-growing market. The plan includes a new integrated storage and information management facility in Coimbatore, aimed at meeting rising demand for secure storage and digitisation services.

Summarised by Beize from a story on The Economic Times on 12 May 2026
CCTV ban sparks India gold rush as startups and OEMs race to fill Chinese surveillance vacuum

CCTV ban sparks India gold rush as startups and OEMs race to fill Chinese surveillance vacuum

India’s April 1, 2026 STQC crackdown on uncertified internet-connected CCTV cameras pushed out major Chinese brands and left a market vacuum. Indian OEMs like CP PLUS and Sparsh are scaling production and shifting to AI-enabled, end-to-end security. The biggest scramble may be in the stack too—local SoCs and Vision AI chips are being built to reduce reliance on Chinese supply chains.

Summarised by Beize from a story on Inc42 on 12 May 2026
Rajasthan four friends burn dead man’s finger and toe to fake insurance claim

Rajasthan four friends burn dead man’s finger and toe to fake insurance claim

In Bhilwara, Rajasthan, police arrested three men accused of mutilating a deceased man by burning his finger and toe to stage an insurance fraud. The victim’s mother alleged a conspiracy and post-death mutilation. Investigators say the plot fell apart because a doctor could not be reached. One accused remains absconding, and police are probing links to similar cases.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Starmer faces Labour leader pressure as MPs demand a resignation timeline or step down

Starmer faces Labour leader pressure as MPs demand a resignation timeline or step down

Keir Starmer is under growing pressure after disappointing local election results, with MPs urging him to either name a resignation timeline or step aside. A formal leadership challenge isn’t automatic; it requires substantial support from Labour lawmakers and party members before it can even begin. The situation is testing how united the party leadership really is.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Olectra Greentech adopts Dassault 3DEXPERIENCE to engineer EVs virtually and speed up fleet deployments

Olectra Greentech adopts Dassault 3DEXPERIENCE to engineer EVs virtually and speed up fleet deployments

Olectra Greentech, India’s electric bus maker, has partnered with Dassault Systèmes to adopt the 3DEXPERIENCE platform for digital product development in electric mobility. The move connects design, simulation, validation and manufacturing in a single virtual workflow, letting Olectra align its development pipeline with global OEM standards while targeting faster launches, lower prototyping costs, and scalable next-generation bus and truck platforms.

Summarised by Beize from a story on Know Startup on 12 May 2026
Missiles over Dubai unsettle investors as IPOs deals and property projects stall across the Gulf

Missiles over Dubai unsettle investors as IPOs deals and property projects stall across the Gulf

Dubai’s once-strong pitch as a safe financial haven is taking a hit. Regional conflict fears are disrupting transactions, slowing IPO activity and leaving billions in deal value stuck. Even Dubai’s property market and flagship projects are seeing delays and higher costs, pushing investors to demand tougher risk premiums and reassess exposure across the Gulf.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Nidhi Khare urges India manufacturers to put quality standards first for global competitiveness

Nidhi Khare urges India manufacturers to put quality standards first for global competitiveness

Consumer Affairs Secretary Nidhi Khare urged Indian manufacturers to make quality standards central to everyday operations to boost global competitiveness. She said markets are no longer driven only by cost and scale, but by quality, safety and reliability. Her message points to stricter processes, better compliance and stronger trust as key to competing abroad.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Canara Bank hikes MCLR by 5 bps effective May 12 raising EMIs for many borrowers now

Canara Bank hikes MCLR by 5 bps effective May 12 raising EMIs for many borrowers now

Canara Bank has increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all loan tenors, effective May 12, 2026. For borrowers with MCLR-linked loans, this means new interest charges that may translate into higher EMIs. In contrast, Bank of Baroda’s MCLR rates are unchanged.

Summarised by Beize from a story on The Economic Times on 12 May 2026
InCred Capital buys S Cube Capital to expand MAS regulated fund firepower in Singapore

InCred Capital buys S Cube Capital to expand MAS regulated fund firepower in Singapore

InCred Capital, the wealth management arm of IPO-bound InCred Holdings, has acquired Singapore-based asset manager S Cube Capital, adding MAS-regulated fund vehicles to its Singapore platform. The company plans to integrate S Cube into InCred Global Wealth pending regulatory approvals and will onboard S Cube leaders as joint vice chairmen. InCred is also expanding its India-GCC-offshore investment corridor, while keeping deal value undisclosed.

Summarised by Beize from a story on Inc42 on 12 May 2026
14 lakh kanals encroached in Jammu and 3 lakh in Kashmir as mafia targets state land

14 lakh kanals encroached in Jammu and 3 lakh in Kashmir as mafia targets state land

Official data says land mafia has encroached over 17 lakh kanals of state land across Jammu and Kashmir, with Jammu accounting for the bulk and Rajouri emerging as the worst-hit district. Authorities have started removing illegal entries from revenue records and are working to retrieve the occupied land, including efforts to regularize portions where possible.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Gold shoppers swap old jewellery for new as prices bite and Modi prompts recycling demand

Gold shoppers swap old jewellery for new as prices bite and Modi prompts recycling demand

With gold prices staying high, Indian buyers are increasingly exchanging old jewellery for redesigned pieces instead of purchasing fresh gold. Jewellers including P. N. Gadgil Jewellers and Tanishq report strong jumps in these trade-ins as consumers treat old gold as a savings asset. The shift is also expected to curb demand for new gold imports.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Pakistan bazaar blast kills nine and injures dozens after bomb hits a rickshaw

Pakistan bazaar blast kills nine and injures dozens after bomb hits a rickshaw

At least nine people were killed and more than two dozen injured in a bomb blast in Lakki Marwat’s bazaar, officials say. The explosion targeted a rickshaw, and police officers were among the dead. Investigators suspect militants linked to the Pakistani Taliban, following another deadly attack on a security post. Pakistan has also raised concerns with Afghanistan’s Taliban about sanctuary sites.

Summarised by Beize from a story on The Economic Times on 12 May 2026
India warns airlines that bullet trains will take over short routes in a surprising twist

India warns airlines that bullet trains will take over short routes in a surprising twist

India’s Railway Minister says upcoming bullet trains will dominate short-haul routes like Mumbai Pune and Bengaluru Chennai, signaling a major shift toward premium high-speed rail. The warning mirrors global trends where faster trains win intercity travel by cutting journey times, tightening economic links, and reshaping how commuters and business travelers choose transport.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Domestic investors steady Indian markets as FIIs exit and valuations lag global peers

Domestic investors steady Indian markets as FIIs exit and valuations lag global peers

Even as foreign portfolio investors pull back, Indian equities are holding up, propped by domestic buying. Market veteran Gautam Trivedi points to a growing split between economic fundamentals and market appeal to foreigners. With India seen as less attractive than AI-linked and commodity-driven emerging peers, domestic retail and institutions are stepping in to absorb FII outflows and support benchmarks.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Hindustan Zinc signs pact with Group Nirmal to build zinc wire unit in Rajasthan

Hindustan Zinc signs pact with Group Nirmal to build zinc wire unit in Rajasthan

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility in Rajasthan. The plant will produce high-grade zinc wire for sectors including infrastructure and automotive, aiming to strengthen domestic zinc manufacturing. The collaboration is designed to support higher-value industrial applications and expand India’s capacity for specialized zinc products.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Daniel Ek backed Helsing eyes $1.2B raise at $18B valuation for military drones

Daniel Ek backed Helsing eyes $1.2B raise at $18B valuation for military drones

A five-year-old European military drone startup, Helsing, backed by Daniel Ek, is reportedly close to raising $1.2 billion at an $18 billion valuation. The latest funding push highlights how quickly defense tech is attracting mega-investment interest, even as the company remains relatively young and focused on drones for military use.

Summarised by Beize from a story on TechCrunch on 12 May 2026
NEET UG 2026 leak spreads across five states as paper moves before exam day

NEET UG 2026 leak spreads across five states as paper moves before exam day

Investigators say the NEET-UG 2026 paper leak was driven by a coordinated inter-state network that allegedly copied, reproduced and distributed the exam paper across at least five states before the test. Officials allege the papers were moved from Nashik toward Haryana first, then circulated through Rajasthan, Telangana, Andhra Pradesh and Jammu & Kashmir. A WhatsApp group called “Private Mafia” is reportedly under scrutiny.

Summarised by Beize from a story on Republic on 12 May 2026
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