Daily Republic News
- Business
- June 9, 2026
Vodafone Idea Stock Rises: Bombay High Court Scraps ₹2,113 Cr Spectrum Levy in Landmark Telecom Win
Vodafone Idea shares are trading with positive momentum today, June 9, 2026, following a landmark Bombay High Court ruling. The court has set aside retrospective One-Time Spectrum Charges (OTSC), quashing government demand notices worth ₹2,113 crore specifically for the company. Read More
- Business
- June 9, 2026
Airtel and Vodafone Idea Score Landmark Victory; Bombay HC Scraps Retrospective Spectrum Levies
The Bombay High Court has delivered a massive win for India’s telecom giants, Bharti Airtel and Vodafone Idea. In a ruling aimed at ending a 13-year-old legal battle, the court set aside government notices that demanded retrospective one-time spectrum charges (OTSC). The court ru Read More
- Business
- June 9, 2026
Zepto IPO: Updated DRHP Discloses ED Summons To Co-Founders Aadit Palicha, Kaivalya Vohra
Quick commerce startup Zepto has disclosed in its updated draft red herring prospectus (DRHP) that co-founders Aadit Palicha and Kaivalya Vohra were summoned by the Enforcement Directorate (ED) ahead of the company’s nearly Rs 10,000 crore initial public offering.According to the Read More
- Business
- June 9, 2026
Zepto Files Updated DHRP For Nearly Rs 10k Crore IPO; Plans July Debut
Zepto IPO: The new age platform Zepto has confidentially filed its updated prospectus with the Securities and Exchange Board of India (Sebi), India’s market regulator. The highly-anticipated nearly Rs 10,000 crore IPO is expected to have a July listing, making it the first pure p Read More
- Business
- June 9, 2026
OpenAI Files For IPO After Anthropic As AI Giants Head To Public Markets
ChatGPT maker OpenAI confidentially filed for a U.S. initial public offering recently, the company said on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.OpenAI did not disclose the size or terms of Read More
- Business
- June 9, 2026
Oil Rises Slightly As Investors Await Clarity After Iran-Israel Halt Attacks
New Delhi: Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an appeal from U.S. President Donald Trump.Brent crude futures rose 13 ce Read More
- Business
- June 8, 2026
India Reports Current Account Surplus of $7.1 Billion in Q4 of FY26
New Delhi: India’s current account surplus narrowed in the last quarter of FY26 to $7.1 billion (0.7% of GDP) compared to $13.7 billion (1.4 per cent of GDP) in the same period last year. The narrowing of surplus in the last quarter of FY26 was driven by a higher merchandise tra Read More
- Business
- June 8, 2026
Big Change for Ujjwala Beneficiaries: Subsidised LPG Cylinder Limit Reduced to 4
New Delhi: The Central Government has cut the number of subsidised LPG cylinders supplied through the Pradhan Mantri Ujjwala Yojana (PMUY), reducing the annual quota from nine to four. The decision was made on Monday, and the government stated that the amended entitlement was de Read More
- Business
- June 8, 2026
India Exports Rs 35,000 Cr Electronics Components to China; 250 New Factories Coming Up
New Delhi: India exported electronics components worth Rs 35,000 crore to China last year and is rapidly expanding its domestic component manufacturing ecosystem, with around 250 electronics component factories expected to be set up over the next two to three years, Union Ministe Read More
- Business
- June 8, 2026
Oil Prices Rise More Than 4% After Israel-Iran Strikes Trigger Strait of Hormuz Supply Fears
New Delhi: Global crude oil prices rose more than 4 per cent after Israel and Iran exchanged strikes, threatening a fragile ceasefire even as Trump signalled that a peace deal isn’t far away.The renewed conflict raised fears of a prolonged closure of the critical Strait of Hormuz Read More
