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Temasek Plans $10B India Investment Over Three Years

{"summary":"Temasek plans to invest about $9-10 billion in India over the next three years, broadening its exposure into industrials and artificial intelligence while maintaining bets in consumer, financial services, and healthcare. The $42 billion-strong India portfolio is being positioned for long-term growth with continued emphasis on AI, renewables, and domestic-market strengths, including a target to raise AI share to roughly 15% of its global portfolio by 2031.","summary_sources":["https://www.whalesbook.com/news/English/industrial-goodsservices/Temasek-Eyes-India-Industrials-and-AI-with-dollar9B-Investment/6a60fff3fe1c9287f47c1274","https://timesofindia.indiatimes.com/business/india-business/temasek-widens-scope-of-india-investments/articleshow/132564849.cms","https://www.newsbytesapp.com/news/business/temasek-plans-up-to-5b-yearly-india-investments-amid-growth/tldr","https://economictimes.indiatimes.com/news/company/corporate-trends/temasek-doubles-down-on-india-sees-long-term-opportunities-in-family-businesses/articleshow/132562713.cms","https://www.whalesbook.com/news/English/international-news/Temasek-Plans-dollar10-Billion-India-Investment-Over-Three-Years/6a60cec2fe1c9287f47bc85a"]}

9 sources

Photo: Ka Kit Pang / Wikimedia Commons (Public domain)

Samsung Unveils Galaxy Watch9 and Ultra 2

Samsung unveiled the Galaxy Watch Ultra2 and Galaxy Watch9 with major upgrades in battery life, displays up to 5,000 nits, and advanced health and fitness features, including real-time elevation metrics and dive-ready water resistance. The Ultra2 targets rugged, sport-focused use with Trail Run and titanium durability, while the Watch9 emphasizes everyday health management and AI-driven health insights, reflecting Samsung’s broadened health-focused wearable strategy.

24 sources

Lalit Modi to Return After SAFEMA Relief

"Lalit Modi has secured a legal vindication after appellate tribunals set aside penalties in the 2009 SAFEMA/FEMA case related to IPL South Africa, and says he plans to return to India after 16 years, though he will continue living in London and visit India periodically." Modi frames the relief as clearing the way to reconnect with his homeland and the IPL’s future, while keeping London as his base and aiming to visit India around year-end or early next year as his family events unfold.

19 sources

Photo: National Park Service / Wikimedia Commons (Public domain)

Anantnag Police Constable Killed; Terrorists Open Fire

In Anantnag, militants opened fire on a police party around 12:30 pm near Lal Chowk during the Amarnath Yatra, killing Head Constable Ashiq Hussain and injuring another officer who later died. Authorities sealed off the area and launched a search operation, with The Resistance Front claiming responsibility, marking the Kashmir Valley’s first militant attack on security forces this year.

22 sources

Photo: Marek Ślusarczyk (Tupungato) Photo gallery / Wikimedia Commons (CC BY 2.5)

Carnelian Asset Management Secures SEBI Mutual Fund Approval

Carnelian Asset Management & Advisors has secured SEBI approval to launch a mutual fund business, enabling it to offer active and passive funds across equity, debt and hybrid categories to retail investors, alongside its PMS, AIFs and offshore strategies. With over ₹18,300 crore in AUM and 8,600+ clients served via 710+ partners as of June 30, 2026, the firm positions itself to capitalize on India's expanding mutual fund industry, which totals over ₹82 lakh crore AUM and tens of millions of folios and SIPs, while founder Vikas Khemani emphasizes deeper penetration beyond metros and growth opportunities in rural India.

6 sources

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CRPF Deploys 20 Additional Companies in Delhi

The Centre has ordered 20 additional CRPF companies to be airlifted from West Bengal to Delhi to reinforce security amid the CJP protests and ongoing Monsoon Session of Parliament, with these units having previously been deployed in West Bengal for elections. Officials say the move, alongside about 30 additional CRPF and RAF units already in the capital, aims to strengthen law-and-order response to violent clashes during the protests.

11 sources

Photo: Wolfgang Fricke / Wikimedia Commons (CC BY 3.0)

US Warns Over Houthi Red Sea Blockade

President Donald Trump said the United States would “take care of it” if Yemen’s Houthis move to block Red Sea shipping, noting past actions against the group and indicating Washington would respond if the threat materializes. The comments come as the Houthis threaten to disrupt one of the world’s key trade routes amid broader U.S.-Iran tensions and regional clashes over Saudi ports and airports.

20 sources

PLI schemes attract Rs 2.4 lakh crore investment

India’s Production Linked Incentive schemes across 14 sectors have drawn over ₹2.40 lakh crore in actual investments, generated more than 14.15 lakh direct and indirect jobs, and boosted exports to ₹15.2 lakh crore as of March 2026, with mobile phone manufacturing at 99.2% domestically and imports down 77%. The schemes are regularly reviewed by the Empowered Group of Secretaries to address implementation issues and attract more investment, reinforcing Make in India and strengthening India's role in global value chains.

5 sources

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TVS Motor Q1 Profit Surges 67%

TVS Motor posted a strong Q1 FY27 with net profit up around 51% to 67% year-on-year and revenue increasing about 33-38%, underpinned by robust demand in domestic and international markets and record quarterly sales across motorcycles, scooters, and EVs. The board also approved raising up to ₹10 billion through non-convertible debentures and commercial papers to fund growth, including capital expenditure and debt refinancing.

18 sources

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Aditya Birla Sun Life AMC Q1 Profit Surges

Aditya Birla Sun Life AMC reported strong Q1 FY27 results with consolidated net profit of ₹309.49 crore, up about 65% year-on-year, on revenue of ₹462.96 crore and total income of ₹625.35 crore, with basic EPS of ₹10.72; standalone profit stood at ₹311.38 crore on revenue of ₹455.52 crore. The company highlighted sustained AUM growth and a broadened distribution network, with mutual fund AUM around ₹4,277 billion and a multi-channel footprint across 310 locations and 95,500 distributors, while expanding passive and alternative investments.

10 sources

Pakistani national detained after crossing Jammu International Border

A 53-year-old Pakistani national, Mohammad Rafiq Kala of Village Pindi, Pakistan, was apprehended by BSF in the Akhnoor/Pargwal border area after allegedly crossing the International Border into India; officials say he appears to have lost his way while visiting his sister, with nothing incriminating recovered and he remains in BSF custody as investigators verify his identity and travel route.

7 sources

Bengaluru Green Line Metro Disruption Impacts Thousands

Bengaluru’s Namma Metro Green Line suffered a morning power outage that disrupted peak-hour service, with trains running in a short loop between Silk Institute and Yeshwanthpur and sections like Yeshwanthpur–Madavara or Yeshwanthpur–Nagasandra suspended until power was restored. Normal revenue services resumed across the line by 8:45 am as technical teams worked to restore power, amid ongoing disruption patterns on the network in recent weeks.

11 sources

Photo: Narendra Modi / Wikimedia Commons (CC BY 2.0)

NDA Mangal Milan strengthens unity Monsoon Session unfolds

In the Monsoon Session of 2026, the NDA held a 'Mangal Milan' meeting to project unity as Prime Minister Modi highlighted national achievements, while the opening day saw repeated adjournments amid opposition protests over paper leaks, student issues, and Ram Mandir donation allegations. Opposition floor leaders plan strategy meetings as Parliament proceeds with key bills under a session running until August 13, with Modi also noted as the longest-serving elected PM as NDA partners prepare to pass a congratulatory motion.

6 sources

Photo: Mass Communication Specialist 1st Class Chad J. McNeeley (United States Navy) / Wikimedia Commons (Public domain)

Nearly 100 U.S. Troops Injured in Iran Strikes

Nearly 100 U.S. service members have been injured in Iranian airstrikes across the Middle East, with 96% back on duty and most injuries described as minor concussions, as Pentagon data shows 427 injuries since Operation Epic Fury began. The death toll has risen to 17 amid a tenth straight day of strikes, with President Donald Trump reiterating the goal of preventing Iran from acquiring a nuclear weapon as diplomacy surfaces a potential ceasefire.

13 sources

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