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Shareholders approve issue of warrants to promoter group entity

Zee shareholders approved convertible warrants for promoters, raising over three thousand crore rupees. This approval allows promoters to increase their stake significantly in the company. Institutional shareholders largely opposed the resolution, while non-institutional investors provided strong backing. The company also gained approval for its employee stock option plan for eligible staff. This outcome reverses a previous shareholder rejection of a similar funding proposal.
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Bloomberg delays India’s bond index inclusion


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Cybercriminals widen net as assessees rush to meet I-T return filing deadline

Cybercriminals are targeting taxpayers during income tax return filing season. They send fake notices via WhatsApp and use cloned tax portals. These scams aim to steal banking credentials and gain device access. Attackers use malware-laden attachments and phishing websites to deceive victims. This campaign exploits the expectation of official communications from the tax department.
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GST rate cuts slow down Q1 tax collection growth

The Centre's fiscal deficit reached eighteen percent of its annual estimate during the first quarter. Tax revenue saw a modest increase, while capital expenditure rose significantly. Revenue expenditure also experienced a notable rise, driven by subsidies. Increased fertilizer and fuel subsidies were largely due to global price surges. Future fiscal health depends on West Asia conflict duration and energy price stability.
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India among best markets globally: Cook


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Zepto to delay IPO by 2-3 qtrs, CEO tells staff

Zepto will delay its public listing by two to three quarters. The quick commerce startup faced tepid investor response on its valuation. Domestic investors offered valuations significantly lower than its last funding round. The company now seeks Rs 1,000 crore in pre-IPO funding. Zepto aims for a lower valuation of around $4-4.5 billion for this investment.
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Sebi bars Zee’s Chandra, Goenka from market for 1 year

Sebi has banned Zee group's Subhash Chandra and Punit Goenka for one year. They fraudulently pledged Zee Entertainment Enterprises land parcels as security for personal loans. Chandra and Goenka misused their positions, risking the company's assets for personal gain. The regulator also imposed fines on Chandra, Goenka, and the company for these fraudulent acts. This action was taken after a thorough investigation into the 2018 transactions.
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CWG 2026: Six medals, 10 boxing finalists and 23-medal haul for India in Glasgow

India produced its biggest day of the 2026 Commonwealth Games, winning six medals to take its tally to 23. Historic judo golds for Asmita Dey and Harsh Singh, athletics medals from Tejaswin Shankar, Neeraj Chopra and Yash Vir Singh, plus a perfect 10-for-10 boxing run into finals highlighted a memorable Day 9 in Glasgow.
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'Project Kusha will cut India’s dependence on imported air shield systems'

India successfully tested its indigenous Project Kusha missile system recently. This development aims to create a homegrown long-range air defence capability. The system will counter aerial threats from China and Pakistan effectively. Project Kusha is designed to intercept various aerial targets up to 400 kilometers. Full military induction and deployment are expected between 2028 and 2030.
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Patrick Mahomes' post-surgery transformation has Chiefs insiders believing the former MVP is back at his absolute best

Patrick Mahomes has made a strong early impression at Kansas City Chiefs training camp following surgery on his torn ACL and LCL. ESPN's Dan Graziano reported the quarterback threw with precision and confidence on Friday, highlighting a deep completion to rookie Cyrus Allen. NFL Network's Peter Schrager added that Mahomes is ahead of schedule in his recovery, though both analysts noted the Chiefs face a genuine decision about how much to use him in preseason games. Kansas City opens the 2026 regular season on Monday Night Football against the Denver Broncos in Week 1.
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Dakota Johnson features in Role Model's 'Love I You' from upcoming album 'Chuck Timely & the Hourglass'

Singer Role Model has unveiled a fresh track titled 'Love I You', incorporating voice notes from Dakota Johnson. This song artfully weaves themes of romantic playfulness alongside an exploration of emotional vulnerability. Fans can anticipate this track on his forthcoming album, 'Chuck Timely & the Hourglass', which thoughtfully examines notions of time and the feeling of being in limbo. Role Model and Johnson's connection traces back to last December.
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Daily Nadi Horoscope for Aquarius (1st August 2026): The Aquarius Moon Puts Your Feelings First

The Moon in Aquarius highlights personal needs and independence today. Venus entering Virgo shifts focus to intimate bonds and shared finances. Recent events may influence self-image, so consider priorities before changing course. Confront shared responsibilities with transparency and avoid letting others' critiques define your worth. Stay unique and accountable, disentangling self-confidence from external approval.
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Rahu Transit Dhanishta Nakshatra, August 02, 2026: Red Alert for These Zodiac Signs

Rahu's transit in Dhanishta Nakshatra on August 2, 2026, signals potential sudden and restless changes. Certain zodiac signs like Cancer and Virgo need careful financial and health management. Capricorn should be vigilant regarding savings and speech, while Aquarius faces identity and lifestyle shifts. Pisces must manage costs and fears through spiritual practices and self-assessment. This astrological period encourages ambition but demands caution and discipline from all.
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'Barbie' sequel hits major roadblock with Margot Robbie Ryan Gosling and Greta Gerwig deals still pending

The development of the Barbie sequel is encountering setbacks as contract discussions with key talent proceed. Negotiations with Margot Robbie and Ryan Gosling, alongside director Greta Gerwig, are crucial to finalize. With Gosling demanding $20 million and his role in Ghost Rider creating complications, studio executives assert they’ve made generous offers, yet CEO David Zaslav reportedly dismissed them. Mattel aims for active progress, resisting any delay on the project.
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