CuberaTech India Private Limited ("Cubera"), the India operations of Eleos Social Inc., a US-headquartered global technology company with operations across the US, India, and Europe, today announced a landmark strategic partnership with Grant Thornton Bharat ("GTBharat"), one of India's foremost professional services firms. The partnership is aimed at providing Cubera with management consulting and technology advisory support, positioning the company for non-linear growth as it accelerates its mission to define the future of AI-driven advertising and audience intelligence across global markets. 

"This partnership brings together Grant Thornton Bharat's dGTL-led transformation capability, deep customer access, and execution rigor with Cubera's powerful AI and data platform. Together, we are focused on turning advanced technology into real, scalable business outcomes, both in India and globally."  Ashootosh Chand, Partner - dGTL, Grant Thornton Bharat  

Federal Bank has announced the launch of a special FCNR deposit in US Dollars named 'FCNR Max Deposit Scheme', aimed at meeting the rising demand among NRI customers for high-yield, secure investment options. The deposit scheme offers an interest rate of 6.25% for tenures ranging from 3 to 5 years, ensuring stable and competitive returns.

The bank remains committed to offer customer-centric financial solutions, especially for its NRI clientele and that the FCNR Max Deposit Scheme reflects Federal Bank's focus on delivering both value and reliability in foreign currency investments said Mr Joy PV, Country Head - Retail Liabilities.

Key Findings from India Health Quotient 2026

SAVE Solutions Private Limited, a leading company in the financial inclusion sector, has announced a major employment generation initiative for FY 2026-27. The company will undertake contract-based hiring for various banking assignments across India, creating significant career opportunities for youth nationwide.

This initiative is not just a recruitment drive, but a step towards connecting talented individuals with meaningful employment, skill-based careers, and sustainable income opportunities. Alongside expanding financial inclusion services, the company aims to contribute strongly to employment generation.

Mr. Ajeet Kumar Singh, Managing Director & Co-founder of SAVE Solutions Private Limited, said: "India's youth are the nation's greatest strength. Our goal is to connect deserving talent with employment opportunities and bring them into the mainstream of growth. This initiative will not only accelerate our business journey but also create a positive impact in the lives of thousands of families."

The roots of the dispute go back to the life insurance software business in the United States. Read the full report here

India's Infrastructure Investment Trusts (InvITs) continued to strengthen their position in the Indian investment landscape by collectively distributing Rs. 7,719 crores to approximately 5.58 lakh unitholders during Q4 FY26. This represents a 34% quarter-on-quarter increase over the Rs 5,744 crores distributed in Q3 FY26, reflecting the sector's continued growth and increasing ability to deliver stable cash flows to investors.

During FY26, InvITs distributed Rs 22,769 crores, taking cumulative distributions since inception to Rs 91,000 crores.

A US jury concluded that TCS had willfully misappropriated trade secrets and recommended damages of $210 million. Read full report here

Payme India Financial Services Private Limited, an RBI-registered Non-Banking Financial Company (NBFC), announced a significant corporate milestone: the official rebranding and renaming of the company to ScaleUp Financial Services Private Limited, effective from 5th May 2026. This strategic transformation reflects the organization's evolution, expanded service portfolio, and commitment to enabling financial growth for individuals, MSMEs, and enterprises across India.

Incorporated with the mission to democratize access to credit, the company has grown steadily since inception, building robust lending products, expanding its borrower base, and strengthening its digital infrastructure. The new name is a direct articulation of this purpose: to help every customer, partner, and stakeholder scale up to their next level of financial success.

According to experts, petrol, ethanol-blended fuels, flex-fuel vehicles and EVs are expected to coexist for years. Read full report here

Marcus Baker, Global Head of Marine, Cargo & Logistics at Marsh

For the marine community, crucially absent from the agreement (as disclosed to date), are the practical details surrounding the Strait of Hormuz reopening, particularly Iran's guarantee to respect freedom of movement within the Strait and the region as a whole.

While some marine insurers recognise that conditions in the Persian/Arabian Gulf region have improved over the weekend, the overall market response in the short term will largely depend on further de-escalation of hostilities or perceived breaches of the agreement.

In the longer term, following a final agreement, there will need to be a sustained period of no further attempted or successful attacks on commercial shipping before there is an adequate environment to implement a market-wide, significant and meaningful concession in insurance costs.

Paytm Payments Services Limited, a wholly-owned subsidiary of Paytm (One 97 Communications Limited), provides payment gateway services through Paytm Payment Gateway and has launched Agentic AI Card Checkout to help businesses improve payment completion in the age of AI-led commerce. The new capability uses agentic artificial intelligence to move buyers from purchase intent to authenticated card payment with fewer steps, while maintaining security, reliability and payment success at scale.

For online businesses, checkout remains one of the most important moments of conversion, where customers may have clear purchase intent but still drop off before completing payment. Paytm Payment Gateway's Agentic AI Card Checkout is designed to reduce this gap by using agentic artificial intelligence to carry the payment context forward and take customers closer to secure card authentication. This is built for high-intent payment flows across travel bookings, bill payments, subscriptions, quick commerce, food ordering and e-commerce, where speed, saved payment context, repeat purchase behaviour and secure authentication directly impact payment completion.

IndiaFirst Life Insurance Company Limited (IndiaFirst Life) has launched "Ek Shaam Papa Ke Naam," a heartfelt Father's Day campaign inviting children to pause, look beyond the provider, and rediscover their fathers as individuals. 

Conceptualized by The Womb and produced by Good Morning Films, 'Ek Shaam Papa Ke Naam' comes alive through a moving film d irected by Shujaat Saudagar, featuring Avinash Tiwary . For generations, fathers have expressed love through responsibility - by protecting, providing, and putting their families first. But in carrying this weight, their own dreams, stories, fears, and feelings often remain unheard. "Ek Shaam Papa Ke Naam" shines a light on this quiet distance and encourages children to truly know the person behind the provider.

Rooted in IndiaFirst Life's brand promise 'Zimmedariyaan Humse Baantiye, Halka Lagega' the campaign is another step in the brand's journey of lightening the burden of the family's provider. As a brand that puts fathers first, IndiaFirst Life urges children to put Papa first by giving him the space to share his own stories and making him feel a little lighter too. 

Redcliffe Labs, India's fastest-growing diagnostics network, has further strengthened its leadership position in Rajasthan and North India through the strategic acquisition of a leading diagnostic centre in Ajmer. As part of its inorganic roll-up strategy, the acquisition marks a significant milestone in the Company's vision of building integrated diagnostic ecosystems that bring radiology, pathology, and preventive healthcare together under one roof. The facility will now operate as Redcliffe Medicentre Imaging & Labs, expanding access to advanced diagnostic services for patients across Ajmer and central Rajasthan.

 With a network of 16 laboratories and over 150 collection centres across Rajasthan, Redcliffe Labs has built one of the state's most extensive diagnostic networks. The acquisition strengthens its presence in Ajmer, a key healthcare hub serving a population of approximately 2.6 million. The centre is strategically positioned to serve patients not only from Ajmer but also from neighboring districts like Talwandi, Indra Vihar, Jawahar Nagar, Mahaveer Nagar, Vigyan Nagar, Keshavpura, Rajeev Gandhi Nagar, Dadabari, Shastri Nagar, Basant Vihar, and more, seeking access to high-quality diagnostics closer to home.

Indian Institute of Management Ranchi today announced its partnership with Masai, India's fastest-growing outcome-driven education platform, to introduce an Executive Programme in Product Management at IIM Ranchi's Hyderabad Campus. The twelve-week, fully offline weekend programme is scheduled to commence on July 18, 2026, and is designed to equip aspiring product managers, engineers, designers, students and early-career professionals with the frameworks, tools, and practical experience required to operate in product roles.

As organisations increasingly rely on product-led growth and digital innovation, the demand for professionals who can bridge customer needs, technology and business outcomes continues to grow. However, many aspiring product professionals struggle to access structured learning opportunities that combine academic foundations with real-world application. The Executive Programme in Product Management seeks to address this gap through a blend of faculty-led instruction, industry mentorship and hands-on project work. 

The programme covers the complete product lifecycle, including customer discovery, product strategy, roadmap planning, execution, stakeholder management and product analytics. Participants will gain hands-on exposure to widely used product management, collaboration, analytics and AI tools while working on a capstone project under the guidance of IIM Ranchi faculty and industry practitioners. 

Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today announced a partnership with the San Francisco Unicorns for the 2026 Major League Cricket (MLC) season. Under the agreement, Persistent will serve as an official Re(AI)magining™ Partner within the team's premium partnership tier. The partnership highlights Persistent's focus on bringing AI and data-led innovation into real-world high-performance environments where speed, adaptability and insight define outcomes.

 This collaboration aligns with Persistent's strategy to expand its AI-led capabilities in North America and build closer proximity to clients operating in real-time, decision-intensive environments. The partnership will be activated through Persistent's #GameReAImagined campaign, which explores how AI is helping make the hidden layer of the game more visible through performance insights on the field and richer fan experiences off it.

The AI boom has created memory chip supply pressures that are being felt by electronics brands across categories, according to industry executives. Read full report here

Harish Vatnani, Head of Trade, ZebPay

"Here is a technical analysis of ETH/USDT on a daily timeframe: 

Market Overview

Ethereum (ETH/USDT) is currently trading around $1,778 on the daily timeframe, showing signs of recovery after the steep decline witnessed earlier this month. The recent bounce from the $1,550 region has improved short-term sentiment, but ETH continues to trade below major resistance levels, keeping the broader outlook cautious.

The market is now entering a consolidation phase where buyers are attempting to regain momentum while facing overhead supply.

Recent Price Action

After establishing a bottom near $1,550, Ethereum has formed a gradual upward move supported by a short-term rising trendline. The recovery has been steady rather than explosive, indicating controlled buying interest rather than aggressive accumulation.

Price has also reclaimed the $1,700 region, providing an initial sign of stabilization following the sharp selloff.

Current Structure and Trend

The short-term structure has improved with the formation of higher lows, but the overall daily trend remains neutral to bearish until stronger resistance levels are reclaimed.

A sustained move above $1,850 could strengthen bullish momentum, while rejection from current levels may lead to another retest of the recent support zone.

Volume and Momentum

Selling pressure has eased considerably compared to the earlier decline, while buying activity has gradually improved. However, momentum remains moderate and still requires stronger participation to confirm a lasting reversal.

As long as ETH holds above its recent rising trendline, the possibility of further recovery remains intact.

At the time of writing, ETH was trading at approximately $1,778.

Summary: Ethereum has recovered from its recent lows and is showing early signs of stabilization, supported by a developing short-term uptrend. While the immediate downside pressure has reduced, the market still faces significant resistance overhead.

The coming sessions will be crucial in determining whether the current rebound evolves into a broader recovery or remains a temporary rally."

The Thesis

Brent down 5% to $83 and India VIX collapsing to 13.6 as the US-Iran deal reopens the Strait of Hormuz; today's loading favours rate-sensitive financials and premium consumption. With Nifty 500 closing +1.29% at 22,891 on broad banking leadership, cheaper crude and a firmer rupee hand domestic credit the cleanest runway into the Fed mid-week.

Where We're Concentrated

The heaviest tilt is financials and rate-sensitive real estate - power and NBFC credit, premium Mumbai realty, retail-mall REITs - paired with a domestic-consumption sleeve in quick-commerce, branded snacks, and rural-agri equipment. The single break: if Netanyahu's vow to stay in Lebanon, Syria and Gaza unsettles the Hormuz reopening, Brent snaps back and the rate-sensitive trade unwinds.

Conviction Picks

Highest Conviction

Power Finance Corporation

Power financier; falling crude eases bond yields, sharpening PSU credit's edge as infra capex re-rates into a lower-vol tape.

Phoenix Mills

Premium-mall play catches the VIX-at-pre-war-low signal; record Nifty plus a stronger rupee feed the urban-discretionary basket.

Shriram Finance

Vehicle/MSME NBFC leverages cheaper crude and the PSU-bank rally; lower fuel cost lifts commercial vehicle demand into Q1.

Oberoi Realty

Mumbai premium realty bet on the rate cycle; with VIX at 13.6 and the rupee firming, housing-finance flows favour high-end.

Eternal

Zomato parent rides domestic-consumption tailwind; quick-commerce volumes scale as urban risk appetite returns post peace deal.

One Thing to Watch

Brent through $80. Confirmation the rate-sensitive trade has legs into the Fed mid-week. A snap back above $85 on any Iran-deal wobble cracks it.

QNu Labs is in Nice, France this week at Bharat Innovates 2026  a global platform organised by India's Ministry of Education and the French Ministry to connect deep tech founders with global enterprises, investors, research institutions, and policymakers to showcase their breakthrough innovation to the world. The company is one of 120 Indian deep tech ventures hand-picked by the Governments of India and France to represent the country's frontier technology capabilities.

QNu Labs is exhibiting under the Next Generation Communications track at Booth 02 at IB-01, demonstrating its hybrid quantum-safe network - a system that combines Quantum Key Distribution (QKD) and post-quantum cryptography (PQC) to protect critical communications against both current and future cyber threats and that can scale across countries. It's also demonstrating its other quantum-security portfolio, including unified key life cycle management.

Riya Sehgal, Research Analyst, Delta Exchange

Crypto market sentiment has improved, but the rebound still looks like cautious stabilization rather than a confirmed reversal. Bitcoin has recovered from the $60,000 zone and is holding above $65,000, while Ethereum is showing stronger relative momentum near $1,770. The macro trigger has been relief around the US-Iran peace framework, which improved risk appetite and eased dollar pressure. However, oil staying above $80 keeps inflation risk alive, limiting how dovish central banks can become.

For Bitcoin, $67,000 is the key breakout level. The rally failed near this zone, where high trading volumes and key moving averages converged. On the 4H chart, BTC has reclaimed the 20 EMA and 50 EMA, but remains below the 200 EMA near $69,000. A break above $67,000 can open room toward $68,500-$70,000, while a fall below $64,000-$65,000 can bring consolidation back.

Ethereum's structure looks slightly stronger. ETH has reclaimed its 20 EMA and 50 EMA on the 4H chart and is trading near the 100 EMA, but it must break $1,820-$1,850 to extend toward $1,900-$2,000. A fall below $1,700 would weaken momentum. Glassnode's weak-flow warning means ETF demand and institutional flows remain critical. For now, improved price action still needs confirmation from fresh capital inflows.

Global markets are showing signs of renewed risk appetite, and crypto is beginning to benefit from that shift. Precious metals have bounced back strongly after the announcement of a peace framework between the US and Iran helped ease geopolitical concerns. Gold and silver ETFs gained as much as 4%, while gold prices in India also moved higher as investors continue to balance inflation expectations, central bank policy decisions, and global macro uncertainty.

In crypto, Bitcoin is showing resilience despite a challenging month for ETF flows. A notable positive development is the return of institutional demand through spot Bitcoin ETFs. On June 12, US spot Bitcoin ETFs recorded approximately $86 million in net inflows after an extended period of outflows. Institutional investors are once again accumulating exposure to Bitcoin, helping improve overall market sentiment.

From a technical perspective, both the 10-day Exponential Moving Average and the 10-day Simple Moving Average remain on buy signals, indicating that short-term momentum is still supportive of further upside if buying pressure continues.

Among altcoins, Stellar (XLM) has emerged as one of the strongest performers, rallying more than 15% in a single day and outperforming the broader crypto market.

Overall, the market is entering a phase where both institutional participation and improving risk sentiment are becoming increasingly important drivers, strengthening activity across select crypto ecosystems.

BTC eased slightly from its intraday high of $66.5K, with derivatives data indicating that short covering contributed to the high. The key zone to watch is now $66K-$68K, where BTC may face its next momentum test. The $65K level also remains important, with heavy options positioning around both calls and puts, which could help reduce volatility and support consolidation. Broader markets were also positive, with US equities closing strongly and SpaceX extending its post-IPO rally. Near term, BTC may see sideways-to-positive movement rather than an immediate breakout.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 staged a strong rebound, gaining 230 points to close at 23,853.9, as easing geopolitical tensions following the US-Iran peace agreement lifted global risk appetite and improved investor sentiment. Expectations of the reopening of the Strait of Hormuz triggered a sharp decline in crude oil prices, offering significant relief for inflation-sensitive economies like India. However, despite the strong momentum, the index faced resistance near the psychologically important 24,000 mark, indicating that traders remain cautious ahead of the weekly expiry.

Global cues continue to remain supportive, with US markets rallying sharply overnight. The Nasdaq surged over 3%, while the S&P 500 and Dow Jones closed at fresh record highs, reflecting renewed optimism amid easing geopolitical concerns and improving risk sentiment. Brent crude's sharp decline is a key positive for Indian equities, while sustained domestic institutional buying continues to provide stability to the market.

Technically, 24,000-24,050 remains the immediate hurdle for the Nifty. A decisive close above this zone could trigger fresh momentum towards 24,200-24,350. On the downside, 23,800 is the first line of support, followed by 23,700. With supportive global cues, softer crude prices and resilient domestic liquidity, the near-term bias remains cautiously positive. However, traders should expect stock-specific and range-bound action around the weekly expiry until the index delivers a convincing breakout above the 24,000 zone.

Akshat Siddhant, Lead quant analyst, Mudrex

Bitcoin continues to trade above the $66,000 level as improving risk sentiment following the US-Iran peace agreement supports buying activity. On-chain data shows whales withdrew more than 11,000 BTC from exchanges, a sign of reduced selling pressure and growing confidence among large holders. Institutional demand also remains supportive, with Strategy adding 1,587 BTC over the past week. Sustained ETF inflows at this stage could be the trigger a decisive move above the immediate resistance of $68,000. The support has also moved up to $64,000, reinforcing the current uptrend.

Banks, non-banking finance companies, insurers and fintech firms are actively hiring experienced professionals in artificial intelligence. Read full report here

At the close on Monday, the total market value of all BSE Sensex companies stood at Rs 4,70,12,823.