Business

25

Jun

By The Press Editor

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Business

Stock Market Holiday For Muharram: BSE, NSE, to remain shut for three days, trading to resume on June 29 | Markets

Mumbai: This will be a curtailed week for stock market trading, as the country's major stock exchanges, the National Stock Exchange (NSE) and the BSE, will remain closed on June 26, 2026. The BSE and NSE will be closed on the occasion of Muharram. As the markets will remain closed for Saturday and Sunday following this holiday, there will be no trading for a total of three days. Regular trading in the stock market will resume on Monday, June 29, 2026. After this holiday, there will be no stock market holidays for the next two months, i.e., July and August.…

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24

Jun

By The Press Editor

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Business

New Homebuyer Mindset: Does lifestyle ecosystems matter as much as your apartment? Find out | Markets

New Delhi: The idea of home has evolved significantly over the years. Earlier, homebuyers were largely focused on practical considerations such as apartment size, pricing, and possession timelines. While these factors still matter, the conversation today has become far more lifestyle-driven. Buyers are now paying close attention to what exists beyond the four walls of a home - the connectivity of the location, the presence of retail and entertainment hubs, access to green spaces, and the overall sense of community a neighbourhood can offer. Particularly across emerging NCR markets like Greater Noida and Faridabad, people are increasingly choosing environments that…

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24

Jun

By The Press Editor

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Business

Ethanol blending programme safe, E20 fuel won’t affect insurance of vehicles: Government | Markets

New Delhi: India's ethanol blending programme remains safe, consumer-friendly, and economically beneficial, the Ministry of Petroleum and Natural Gas said, dismissing concerns that the use of ethanol-blended petrol (EBP), including E20 fuel, could affect the validity of vehicle insurance policies. The ministry said claims linking E20 fuel use to insurance invalidation had been clarified with relevant stakeholders and were found to be incorrect. The statement comes amid growing concerns and misinformation circulating on social media regarding the impact of ethanol-blended fuels on vehicle performance and safety. "Ethanol blending is a globally accepted practice and is successfully implemented in several countries,…

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24

Jun

By The Press Editor

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Business

Waterways Leisure Tourism IPO Day 2: Check subscription status and today’s GMP here | Markets

Mumbai: The initial public offer (IPO) of Waterways Leisure Tourism Ltd has received 50 per cent subscription on the second day of the share sale, i.e. on Wednesday, at the time of writing the report. According to data available on the National Stock Exchange (NSE), the public issue got bids for 20,94,318 shares against 41,84,004 shares on offer. The data show that retail investors received 2.29 times the subscription, while the non-institutional investor quota was subscribed to at 31 per cent. Waterways Leisure Tourism raised Rs 263.25 crore from anchor investors on Monday. The company has fixed a price band…

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24

Jun

By The Press Editor

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Business

IT stock below Rs 50 in focus as AstraBridge acquires 1 crore equity shares, check details here | Markets

Mumbai: Indian benchmark indices opened mixed on Wednesday after falling sharply in the previous session, following softening crude oil prices and buying in blue-chips. Amid volatility in the stock markets, Blue Cloud Softech Solutions Ltd., a small-cap IT company with a market cap of Rs 1,988.14 crore, opened in the green. The action in the stock comes as the company, in a recent exchange filing, stated that AstraBridge Inc. has acquired 1 crore (1,00,00,000) shares through a preferential issue of new equity shares. This stake represents 1.08 per cent of the company's total paid-up equity share capital. The company's stock…

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24

Jun

By The Press Editor

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Business

100% return in three months: Defence stock on investors’ radar as company shares update on warrants | Markets

Mumbai: Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday after falling sharply in the previous session, following softening crude oil prices and buying in blue-chips. Amid this, shares of Apollo Micro Systems Ltd., a defence and aerospace company, are on investors' radar today as the company, in its latest exchange filing, said that out of over 3.80 crore warrants issued on a preferential basis on June 2, 2025, some warrant holders have exercised the option to convert their warrants into equity shares. Under this, Trikaya Wealth Advisors Pvt Ltd, Superstar Investments Private Limited and Reena Karwa deposited…

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24

Jun

By The Press Editor

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Business

Gold falls below Rs 1.44 lakh per 10 grams on MCX, silver drops over 4,000, check key levels to watch | City-wise rates | Markets

Mumbai: Rates of precious metals in futures opened with a sharp gap down on Wednesday, June 24, 2026, amid a fall in spot demand and consistent strength in the US dollar. The dollar index has jumped to an over 1-year high, due to rising bets on US rate hikes. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,529 or 1.04 per cent at Rs 1,45,000 per 10 grams against the previous close of Rs 1,46,529. It fell further to touch an intraday low of Rs 1,44,114, a drop of Rs 2,415…

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24

Jun

By The Press Editor

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Business

AGM: Achieved defining milestones with opening of Navi Mumbai International Airport, says Gautam Adani | Business

New Delhi: Adani Group Chairman Gautam Adani on Wednesday said the conglomerate made a record capital investment of over Rs 1.5 lakh crore in infrastructure during the financial year 2025-26. Addressing the Annual General Meeting (AGM) 2026, Adani said that there can be no stronger testimony to the conglomerate's commitment to its long-term goals of nation-building despite facing challenges and criticism. This massive investment accounted for over 30 per cent of India's total new private-sector capital expenditure for the year. "It is a statement of belief, and there can be no stronger testimony to our commitment to nation building than the…

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24

Jun

By The Press Editor

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Business

Rs 1.5 lakh crore investment in infra reflects commitment to nation-building: Gautam Adani at AGM | Business

New Delhi: Adani Group Chairman Gautam Adani on Wednesday said the conglomerate's record investment in infrastructure during FY 2025-26 is a testament to the group's commitment to nation-building. “In FY 25-26, we made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure. To put that in perspective, this represented over 30 per cent of India's total new private-sector capital expenditure for the year,” he said while addressing the Annual General Meeting (AGM) 2026. “For us, this is more than a financial number. It is a statement of belief, and there can be no stronger testimony…

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24

Jun

By The Press Editor

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Business

LIC Dividend 2026: Last chance to buy this stock to be eligible for final dividend, check amount, other details | Markets

Mumbai: Sensex and Nifty closed in the red in the last trading session. Some initial buying interest in the indices briefly helped them trade in the green. However, the market witnessed sharp selling pressure thereafter. According to experts, the overall market bias has turned cautiously negative in the short term following today's sharp correction. Amid this volatility, investors are on the lookout for shares that can provide additional income. One such share is that of the Life Insurance Corporation of India (LIC). The state-owned company has announced a final dividend for its shareholders. To be eligible for this corporate action,…

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