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New Delhi: The central government said on Monday that it has decided to lift restrictions on sale and distribution of petrol and diesel from July 1. The development comes days after the United States (US) and Iran signed a framework to end the over three-month-long conflict that disrupted global supply chains. In a notification issued this evening, the Ministry of Petroleum and Natural Gas said the decision to lift the temporary regulatory measures governing the sale and distribution of Motor Spirit (MS) and High Speed Diesel (HSD) was taken following a review meeting of the supply situation of petroleum products…

Mumbai: Shares of Apollo Micro Systems Ltd (AMSL), which offers technology-based solutions in sectors such as infrastructure, transportation, aerospace, and defence, are in focus after the company announced that a meeting of its board of directors is scheduled for July 6, 2026. According to the exchange filing, the board will meet to consider the issue of equity shares or convertible securities on a preferential basis. Amid this, the stock started the trading session in the green, even as benchmark indices Sensex and Nifty opened lower amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points…

Mumbai: Magnifica Global Opportunities VCC–MGO High Conviction Fund Incorporated VCC Sub-Fund has raised its stake in Zee Media Corporation by acquiring 4.5 crore fully convertible warrants through a preferential allotment. With this acquisition, the company's holding has increased to 5.04 per cent. Prior to the acquisition, the fund held 3,69,645 equity shares, accounting for 0.06 per cent of the company's voting share capital. Following the allotment, the investor's total holding has increased to 4,53,69,645 securities, comprising 3,69,645 equity shares and 4.5 crore convertible warrants.  Acquisition through preferential allotment  According to the information shared, the acquisition was made through a preferential…