TazaPulse

sarvam raises 234 million series b at 15 billion valuation to build india39s sovereign ai stack

Sarvam joins unicorn club, raises $234 million

TazaPulseJune 16, 2026

BENGALURU: Homegrown AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, catapulting its valuation to $1.5 billion and making it one of India’s newest AI unicorns.The round also saw participation from existing investors Khosla Ventures and Peak XV Partners. As part of the transaction, HCLTech invested...

Technology

SpaceX gains 9% in premarket trading as momentum builds

TazaPulseJune 16, 2026

SpaceX shares surged 9% on Tuesday, as Elon Musk‘s rocket-builder continued its meteoric rise following a record-breaking IPO on Friday. Shares of the space tech and AI company popped in premarket trading, following a 20% jump in its first full day of trading after a blockbuster debut. Musk, who serves as CEO of SpaceX, posted...

japan records bigger exports and imports in april despite oil supply concerns

Goods exports at record $45billion in May, imports at 7-month high

TazaPulseJune 16, 2026

NEW DELHI: Goods exports rose 18% in May to a record $45.2 billion, driven by higher oil prices and restoration in supply chains and shipments to West Asia near last year’s level. With imports rising 20.5% to a seven-month high of $73.4 billion, trade deficit widened to $28.2 billion in May.“We have carried forward the...

Why ‘military-grade’ security? Ex-BJP chief Annamalai, BJP lock horns over NEET-UG re-exam | India News

TazaPulseJune 16, 2026

NEW DELHI: Ex-BJP Tamil Nadu state president K Annamalai questioned the high-level security for NEET-UG re-exam scheduled for June 21. He said that the involvement of CRPF, CISF along with multi-level oversight with direct monitoring from the Prime Minister’s office seemed as if the arrangements were to “buy high-level, classified, military-grade software.“He said that increased...

ICICI Lombard , Insurance Claim :Can E20 petrol lead to claim rejection? Here’s what ICICI Lombard says |

TazaPulseJune 16, 2026

The increasing adoption of E20 petrol in India has raised concerns on its impact on insurance claims. The discussion gained momentum after a post from insurer ICICI Lombard suggested that using fuel not recommended for a vehicle could potentially be viewed as negligence, leading many to believe that insurance claims related to E20 fuel usage...

Shareholders of Airtel back Africa stake consolidation

TazaPulseJune 16, 2026

NEW DELHI: Nearly all shareholders of Bharti Airtel Monday approved ongoing transaction to consolidate its stake in subsidiary Airtel Africa, indicating strong investor confidence. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment, a promoter group entity, on preferential basis, in exchange for 16.3% stake in Airtel Africa. Upon consummation and approvals,...

Wholesale inflation rises for 8th month in row, PPI debuts

TazaPulseJune 16, 2026

NEW DELHI: India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April on account of high prices of crude oil and manufactured products, the newly released wholesale price index (WPI) series Monday with the updated 2022-23 base year showed.Besides, the Department for Promotion of Industry and Internal Trade...

‘Operation Tiger’ in final stage: Amid TMC’s rebellion crisis, 7 MPs from Uddhav Thackeray’s Sena camp may switch to Shinde faction | India News

TazaPulseJune 16, 2026

Uddhav Thackeray and Eknath Shinde (R) NEW DELHI: The Opposition alliance could be facing another setback, this time from the Uddhav Thackeray-led Shiv Sena (UBT). Shiv Sena leader and MLC Krupal Tumane on Tuesday claimed that talks with seven Sena (UBT) MPs have reached the final stage under “Operation Tiger.“According to Tumane, the seven MPs...

India-made Mini Countryman C launch tomorrow: All you need to know

TazaPulseJune 16, 2026

Mini India is all set to launch the made-in-India Mini Countryman C in the Indian market tomorrow, i.e., June 17, 2026. Bookings are already underway; interested customers can book the car exclusively through the Mini dealership, and the deliveries are expected to begin immediately. The new Mini Countryman C, which will be locally produced at...

Oil’s not well? US emergency stockpile falls to lowest level

TazaPulseJune 16, 2026

More than four decades after it was first being filled, the US emergency oil stockpile has fallen to its lowest level. The Trump administration has continued drawing oil from the Strategic Petroleum Reserve (SPR) to ease the economic impact of the war with Iran, pushing the US emergency crude stockpile to its lowest level since...

Cost of escalation: Dalal Street loses 3000 points in a month amid US-Iran standoff

Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal

Taxpayer chose new tax regime, but consultant filed the wrong form, triggering old regime and Rs 1.23 lakh demand; ITAT orders ITR to be processed under new tax regime and gives relief on tax demand

Building collapses to fires, 33k died in 5 years from 2020 | India News

Adani Airports to raise $1 billion primary equity from marquee global investors

Chipotle’s new Seoul restaurant tests its Asian expansion strategy

Sarvam joins unicorn club, raises $234 million

SpaceX gains 9% in premarket trading as momentum builds

Goods exports at record $45billion in May, imports at 7-month high

Why ‘military-grade’ security? Ex-BJP chief Annamalai, BJP lock horns over NEET-UG re-exam | India News

ICICI Lombard , Insurance Claim :Can E20 petrol lead to claim rejection? Here’s what ICICI Lombard says |

Shareholders of Airtel back Africa stake consolidation

Wholesale inflation rises for 8th month in row, PPI debuts

‘Operation Tiger’ in final stage: Amid TMC’s rebellion crisis, 7 MPs from Uddhav Thackeray’s Sena camp may switch to Shinde faction | India News

India-made Mini Countryman C launch tomorrow: All you need to know

Oil’s not well? US emergency stockpile falls to lowest level

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Cost of escalation: Dalal Street loses 3000 points in a month amid US-Iran standoff

Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal

Taxpayer chose new tax regime, but consultant filed the wrong form, triggering old regime and Rs 1.23 lakh demand; ITAT orders ITR to be processed under new tax regime and gives relief on tax demand

Building collapses to fires, 33k died in 5 years from 2020 | India News

Adani Airports to raise $1 billion primary equity from marquee global investors

Chipotle’s new Seoul restaurant tests its Asian expansion strategy

Taxpayer chose new tax regime, but consultant filed the wrong form, triggering old regime and Rs 1.23 lakh demand; ITAT orders ITR to be processed under new tax regime and gives relief on tax demand

Building collapses to fires, 33k died in 5 years from 2020 | India News

Adani Airports to raise $1 billion primary equity from marquee global investors

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Cost of escalation: Dalal Street loses 3000 points in a month amid US-Iran standoff

Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal

Taxpayer chose new tax regime, but consultant filed the wrong form, triggering old regime and Rs 1.23 lakh demand; ITAT orders ITR to be processed under new tax regime and gives relief on tax demand

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