Editorial
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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.
India Monsoon Stalls: 41% Rainfall Deficit Reported
India faces a critical 41% rainfall deficit as the southwest monsoon stalls. IMD reports unfavorable conditions are impacting rainfall across the nation.
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.
Desco, MSP Steel, Rajshree Polypack Win New Business Deals
Desco Infratech, MSP Steel & Power, and Rajshree Polypack secure new orders, including a Rs 15.06 crore pipeline project and a 25-year solar power deal. Read more.
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.
3i Infotech Wins NCDEX Contract, Shyam Metalics Buys Green Power Stake
3i Infotech renews NCDEX managed services contract for ₹14.71 Cr. Shyam Metalics acquires 26% stake in Emerge Green Power for ₹75 Lakh to reduce energy costs.
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.
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.
Quantum Mutual Fund Launches New Flexi Cap Fund with SEBI Approval
Quantum Mutual Fund files for a new Flexi Cap Fund with SEBI. Discover NFO price, exit loads, and investment details for this open-ended dynamic equity scheme.
Hiliks Technologies Bags Rs 95.51 Crore Railway Subcontract in Telangana
Hiliks Technologies secured a Rs 95.51 crore subcontract from KMC Constructions for Signaling and Telecommunication works on the South Central Railway in Telangana.
Infrastructure Firms Win Orders, Aster DM Healthcare Expands Stake
B.R. Goyal Infrastructure and Neetu Yoshi secure new orders. Aster DM Healthcare strengthens its healthcare presence by acquiring a significant stake in its Sarjapur entity.
Waaree Renewable Technologies Acquires 55% Stake in Associated Power
Waaree Renewable Technologies strengthens its renewable sector presence by acquiring a 55% equity stake in Associated Power Structures (APSPL), making it a new subsidiary.
Lloyds Engineering Acquires Steel Infra for ₹1,220 Cr; Aadhar Housing Raises ₹250 Cr
Lloyds Engineering Works acquires Steel Infra Solutions for ₹1,220 Cr, expanding its EPC platform. Aadhar Housing Finance raises ₹250 Cr via NCDs.
BCCL Transfers Dugdha Coal Washery Site to JSW Steel
Bharat Coking Coal Limited has completed the site hand-over of its Dugdha Coal Washery to JSW Steel Limited, announced on June 17, 2026. This marks a significant development for both companies.
Indian Stocks Rise on FTA Hopes; Banks Hike Rates
Indian equities climbed, boosted by India-UK FTA optimism. Equitas SFB raised FCNR rates, while Velox Shipping announced warrant exercises. Market navigates Fed rate hike concerns.
Bacil Pharma Launches New R&D Subsidiary: Bacil Research & Development
Bacil Pharma announces the upcoming launch of ‘Bacil Research & Development,’ a new subsidiary dedicated to advancing healthcare solutions through focused R&D initiatives.