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Aurobindo Pharma, Bajaj Finance Stocks Surge on Key Developments
Aurobindo Pharma gains US FTC approval for Lannett acquisition, boosting US generics. Bajaj Finance raises Rs 1,455 Cr via NCDs, strengthening its financial position.
Aurobindo Pharma, Bajaj Finance Stock Surges: US Deal, Capital Raise Impact
Aurobindo Pharma stock jumps on US acquisition approval, Bajaj Finance raises ₹1,455 Cr via NCDs. Explore the market impact and investor confidence.
Indian Stocks Dip: IT Tumbles, Lloyds & Hindalco Gain
Indian equity markets face pressure as IT stocks plunge, influenced by Accenture’s results. Lloyds Engineering and Hindalco Industries show gains on new business developments.
Zerodha Launches New Life Cycle Funds for 2036 & 2041 Goals
Zerodha Mutual Fund introduces open-ended Life Cycle Funds for 2036 and 2041, offering goal-based investing with a structured glide path. NFO opens June 19.
VA Tech Wabag Wins $150M Kuwait Desalination Deal; DMR Expands to Bhutan
VA Tech Wabag secures a $150M+ desalination plant contract in Kuwait, marking a major regional win. DMR Engineering also expands its global footprint by establishing a subsidiary in Bhutan.
Aurobindo Pharma Gains on Lannett Deal, Bajaj Finance Raises ₹1,455 Cr
Aurobindo Pharma shares surge on US FTC approval for Lannett acquisition. Bajaj Finance raises ₹1,455 crore via NCDs, boosting its financials.
Hindalco Opens Pune Plant, Share India Securities Raises ₹50 Cr
Hindalco Industries commissions new aluminium bicycle component plant in Pune. Share India Securities to raise ₹50 crore via Non-Convertible Debentures (NCDs).
Rajan Wadhera Resigns as Ajax Engineering Director
Rajan Wadhera resigns as Non-Executive, Independent Director of Ajax Engineering, effective June 18, 2026, due to personal reasons. Exits key board committees.
Indian Stocks Dip: IT Woes, Monsoon Deficit; Regency Fincorp Surges
Indian equities fall amid global cues, IT sector concerns, and monsoon deficit. Regency Fincorp surges after raising ₹15 crore via NCDs. Explore market impact.
India Inc Q1FY27: Slower Growth, Margin Dip; US-Iran Deal Boosts Exports
India Inc anticipates slower revenue growth and margin pressure in Q1FY27 due to rising costs. A new US-Iran deal offers a potential boost to India’s export-import sector.
Aurobindo Pharma Secures FTC Approval for Lannett Acquisition
Aurobindo Pharma USA Inc. receives US FTC approval to acquire Lannett Company LLC, expanding its US manufacturing and diversifying into high-value generics.
MSP Steel & Power, Desco Infratech Rise Amid Market Dip
MSP Steel & Power surges on a 10MWp solar deal, while Desco Infratech gains on a Rs 15.06 crore order, defying the broader Indian market decline.
Tata Power Wins Rs 521 Cr Project; Tata Motors Offers 8% Discount
Tata Power secures a Rs 521 crore transmission project. Tata Motors partners with MoRTH, offering an 8% discount on vehicles for old truck and bus replacement.
OnEMI Surges on New Subsidiary, Aadhar Housing Finance Gains on NCDs
OnEMI Technology Solutions shares jumped 6% on a new subsidiary, while Aadhar Housing Finance climbed on a Rs 250 crore NCD allotment. Market updates.
Elpro Boosts Vedanta Stake; 3i Infotech, Tiger Logistics Win Orders
Elpro International increases Vedanta stake. 3i Infotech renews Rs 14.71 Cr order. Tiger Logistics secures new BHEL contract. Market updates.
Rupee Weakens: Hawkish Fed, FII Outflows Hit INR
Indian Rupee depreciates to 94.50 against the US Dollar due to hawkish Federal Reserve signals and significant FII outflows. Trade talks offer limited support.
Wipro Increases Aggne Stake to 80%; Aarvi Encon Wins Indonesia Deal
Wipro boosts Aggne stake to 80% for insurance sector growth. Aarvi Encon’s Indonesian unit secures a Rs 15.87 Cr manpower supply contract.
Shyam Metalics, Lemon Tree Rise Amidst Indian Equity Market Decline
Shyam Metalics and Lemon Tree Hotels see stock gains from strategic deals. Indian equities extend losses, pressured by IT sector concerns and liquidity.
India Tax Collection Soars 15% to ₹5.21 Lakh Crore
India’s net income tax collection surged 14.64% to over ₹5.21 lakh crore by June 17, driven by strong corporate and non-corporate tax receipts, indicating positive economic momentum.
Amber Group Partners Oppo India for Phone Manufacturing; Elpro Buys More Vedanta Aluminium
Amber Group strikes a manufacturing deal with Oppo Mobiles India for OPPO, OnePlus, and Realme phones. Separately, Elpro International ups its stake in Vedanta Aluminium Metal.
Jubilant Pharmova USFDA Issues, Tech Mahindra & IndiGo Deals
Jubilant Pharmova faces 8 USFDA observations. Tech Mahindra partners with Viam for robotics. IndiGo launches airport transfer service ‘Cabs with IndiGo’.
Indian Markets Dip: Sensex, Nifty Fall Amid IT Sell-off & Liquidity Fears
Indian markets, including Sensex and Nifty, opened lower, extending losses due to IT sell-off and concerns over narrowing banking system liquidity. FIIs turned net sellers.
RBI Rs 1 Lakh Crore VRR Auction to Ease Banking Liquidity
RBI announces a Rs 1 lakh crore VRR auction on June 19 to manage banking system liquidity and stabilize overnight money market rates in India.
Hiliks, VA Tech Wabag Win Big; FIIs Buy F&O
Hiliks Technologies surges 9% on a Rs 95.51 crore subcontract. VA Tech Wabag secures a major Kuwait project. FIIs show strong buying in derivatives.
HCLTech AI Zone Chennai & Tiger Logistics ₹4 Cr BHEL Deal
HCLTech launches AI Innovation Zone in Chennai to accelerate AI deployments. Tiger Logistics secures a ₹4 crore import mandate from BHEL.
India’s BRICS Exports to Reach $200B by 2030: Assocham
Assocham forecasts India’s exports to BRICS nations to surge to $200 billion by 2030, doubling from $96 billion, enhancing India’s global import share.
IPO Update: IPO Roundup 19 June: 8 Issues Open, Merritronix Lists with 90% Gain on NSE/BSE | 19 Jun 2026, 10:00 AM IST
Eight IPOs are currently open for subscription on NSE and BSE, with windows closing between June 19 and June 23. Merritronix Ltd. saw a significant 90% gain on its listing.
HCLTech AI Zone, TruAlt Bioenergy Funding, Small Caps Mixed Q4
HCLTech launches AI Innovation Zone in Chennai. TruAlt Bioenergy secures ₹150 Cr funding. Small-cap firms report mixed Q4 2026 earnings.
Lemon Tree Hotels Expands in Maharashtra with 2 New Resorts
Lemon Tree Hotels announces two new resorts in Tadgaon & Igatpuri, Maharashtra, adding 200 rooms and strengthening its presence in the region.
Indian Markets Set for Negative Open: FII Outflows & IT Sector Woes
Indian markets anticipate a cautious opening amid significant FII outflows and IT sector concerns following Accenture’s guidance. Global cues mixed.