Tata Communications said a June 5 fire at its Delhi data center prompted immediate activation of its business continuity plan, citing a force majeure.

Sources say domestic coal now accounts for about 50% of fuel use at Indian power plants that typically burn imported coal.

BofA Global Research raised its year‑end targets for Japanese equities, flagging stronger‑than‑expected AI demand, a higher probability the Strait of Hormuz stays open and improving corporate ROE. It lifted its Nikkei 225 year‑end target to 76,000 from 67,000 and its TOPIX target to 4,400 from 4,200. BofA said ROE gains to date were mainly driven by margin improvement, but as the manufacturing cycle recovers leverage expansion is likely to become the new driver.