NATIONAL

Earlier in May, Defence Minister Rajnath Singh had commissioned Indian Coast Guard Ship (ICGS) Sachet and two interceptor boats (IBs) C-450 and C-451 in Goa. The ICGS Sachet, the first in the series of five offshore patrol vessels (OPVs) has been designed and built indigenously by Goa Shipyard Limited.

India has granted tax free status to Abu Dhabi's Sovereign Wealth Fund (SWF) - MIC Redwood 1 RSC Ltd - to expedite foreign investment in the country's priority areas during the Covid pandemic

BUSINESS

Ant said that its listing had been suspended by Shanghai following a recent interview regulators held with its founder Jack Ma and top executives.

E-commerce giant Flipkart has strengthened its gaming strategy through the acquisition of intellectual property (IP) from Mech Mocha, a mobile gaming start-up that runs India's first live-social gaming platform.

BANKING

Chinese short-video making app TikTok has announced a new licensing agreement with Sony Music Entertainment