Indian businessman; chairman and MD of Reliance Industries
Elon Musk has accused powerful Indian business interests of blocking Starlink and has directly questioned Reliance chair Mukesh Ambani after years of regulatory delays. India’s communications ministry has said three satellite operators are at the same stage, and Starlink still awaits final security clearances and spectrum allocation before commercial service can begin.
Protests led by the Cockroach Janta Party have forced Education Minister Dharmendra Pradhan to resign over exam leaks and irregularities. The movement, born online, has mobilized millions of Gen Z followers and spurred government actions, from a high-profile task force to a renewed push for exam reforms. The developments unfold as Prime Minister Modi grapples with youth frustration and political backlash.
U.S. District Judge Nicholas Garaufis has dismissed conspiracy, securities and wire fraud charges against Indian billionaire Gautam Adani and his nephew Sagar Adani with prejudice. The case, tied to a 2024 indictment over alleged bribes and misled investors, has been officially closed; prosecutors questioned the unusual process used to reach the dismissal.
Shein has floated on the Hong Kong stock exchange at HK$48.56 a share, valuing the company at about US$26.3bn and raising roughly HK$13.6bn. Shares plunged as much as 10% on open before recovering to close marginally below the offer price. The IPO follows failed plans to list in New York and London and rising trade and regulatory costs that have squeezed margins.