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Quick Wrap: Nifty Media Index rises 1.98%
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Food safety watchdog FSSAI seeks detailed explanation from Blinkit on poor quality egg complaints
India's food regulator FSSAI has asked quick-commerce firm Blinkit for an explanation. This follows consumer complaints about poor-quality eggs sold on their platform. FSSAI has taken suo-moto cognisance of these social media complaints. Blinkit has been directed to submit an action taken report within a week. Consumers reported bad odor and rubber-like texture in the eggs.
Sensex jumps 270 pts; Nifty trades above 23,750 mark
The Nifty traded above the 23,750 mark. Media, IT and FMCG shares advanced while Metal, realty and PSU Bank shares declined on the NSE.
Saregama India Ltd rises for third straight session
Saregama India Ltd is quoting at Rs 435, up 13.12% on the day as on 12:49 IST on the NSE. The stock is down 19.47% in last one year as compared to a 4.94% slide in NIFTY and a 13.24% slide in the Nifty Media index.
Nifty above 23,800 level; media shares in demand
At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 413.99 points or 0.55% to 75,811.03. The Nifty 50 index rose 137.80 points or 0.58% to 23,827.55.
Grok Down: Users Report Login Issues With Elon Musk's AI Chatbot
Several users also shared screenshots on social media showing the chatbot failing to respond to queries.
ICC net surplus rises 15% to $543 million in 2025 despite revenue dip
The International Cricket Council (ICC) saw its net surplus jump to $543.3 million in 2025. This increase came as event costs significantly decreased. Total revenue saw a slight fall. ICC members' funds nearly doubled, showing strong financial health. The governing body is preparing for its next media rights cycle.
'Rs 25,000 Is Enough': Mumbai Woman Explains Budgeting Formula Online
Soon, the video went viral on social media, with some appreciating her budgeting skills.
Delhi HC asks Google, Apple to act against obscene content on mobile apps
The Delhi High Court has ordered Google and Apple to take strict action against obscene pornographic content on their mobile applications. The court emphasized the vital role of social media intermediaries in preventing the dissemination of such material. The Indian Computer Emergency Response Team has also been asked to check the spread of this content.
Delhi High Court refers JioStar-Legends League Cricket rights dispute to arbitration
The Delhi High Court has sent a commercial dispute between JioStar India and Absolute Legends Sports to arbitration. The case involves media and commercial rights for the Legends League Cricket Masters T20 tournament. Key revenues from franchise fees and ticket sales are protected pending the arbitrator's decision.
Mobavenue Media launches PrsmX in Philippines market
Mobavenue Media (MMPL), a wholly owned subsidiary of Mobavenue AI Tech, has expanded the international presence of its AI-powered marketing and advertising technology platforms through the launch of PrsmX in the Philippines market.
Brands must adapt to permanent disruption as AI reshapes marketing
WPP Media India declared brands face "permanent disruption" due to AI, quick commerce, and evolving consumer behavior, reshaping marketing and storytelling. At its BREW 2026 event, leaders discussed AI-led innovation and the need to rethink engagement in a rapidly changing media landscape.