Business

30

Jun

By The Press Editor

0 Comments

Business

Indian Railways launches new internal app ‘Punctuality BZA’ to monitor real-time train punctuality | Business

New Delhi: Despite several efforts by Indian Railways, trains get delayed on several routes. To solve this problem, Indian Railways has now launched a new app, Punctuality BZA, to monitor train punctuality and delays of more than 15 minutes. Punctuality BZA is a first-ever internal Android-based mobile app for real-time monitoring of train punctuality and delays. The app has been developed by the Vijayawada division of the South Coast Railway (SCoR). It is important to note that this is an internal app, meaning only the Railways will have access to it. This mobile application will help railway officials and controllers…

Read More

30

Jun

By The Press Editor

0 Comments

Business

This IT stock hits upper circuit even as stock markets decline amid uncertainty over US-Iran talks | Markets

Mumbai: Shares of Hyderabad-based software company Blue Cloud Softech Solutions hit a 5 per cent upper circuit even as the benchmark indices, Sensex and Nifty, fell on Tuesday amid uncertainty over the next round of US–Iran negotiations in Doha. The 30-share BSE Sensex declined 103.95 points to 76,624.42 in early trade, paring its opening gains, while the 50-share NSE Nifty dropped 40.10 points to 23,908.80. Amid this, the shares of the company opened in the red at Rs 18.50 against the previous close of Rs 19.01 on the BSE. However, it gained momentum amid buying at these levels and gained…

Read More

30

Jun

By The Press Editor

0 Comments

Business

This company offering Rs 110 dividend per share, stock to trade ex-date soon – Check full details here | Markets

Mumbai: Engine and auto parts maker Swaraj Engines has announced a dividend for investors. The company has informed exchanges that a dividend of Rs 110 per share will be paid to eligible investors. To be eligible for this corporate action, investors must hold this stock before the ex-date, which falls this week. This is a good opportunity for investors seeking stocks that provide additional income. This is important amid market volatility, as Indian equity benchmark indices are expected to trade with a cautious bias, with investors closely monitoring renewed geopolitical tensions ahead of the next round of US-Iran negotiations.  In…

Read More

30

Jun

By The Press Editor

0 Comments

Business

HDFC Bank shares fall after 3 days of consecutive gains post appointment of new part-time chairman

The board of HDFC Bank has approved the appointment of Rajiv Kumar as an independent director of the bank for a term of 4 years, effective June 30, 2026.

Read More

30

Jun

By The Press Editor

0 Comments

Business

Sensex jumps 277 points, Nifty above 24,000 as crude oil prices hold their recent gains | Markets

Mumbai: After a weak and volatile trading session on Monday, Indian equity benchmark indices, the Sensex and Nifty, opened in the green on June 30, 2026, after US stocks rose and recovered some of their losses from a rare losing week. While the 30-share BSE Sensex gained 277.14 points or 0.36 per cent to start the session at 77,005.51, the Nifty gained 85.8 points to open at 24,032.05. In the last trading session, the Sensex closed at 76,728.37 and the Nifty 50 at 23,946.25. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap…

Read More

29

Jun

By The Press Editor

0 Comments

Business

Centre to lift restrictions on sale, distribution on petrol, diesel from July 1 | Business

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…

Read More

29

Jun

By The Press Editor

0 Comments

Business

Defence stock surges 7% as company fixes date to consider issue of equity shares, check details | Markets

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…

Read More

29

Jun

By The Press Editor

0 Comments

Business

Mauritius-based FII raises stake in this company by acquiring 4.5 crore convertible warrants, details | Markets

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…

Read More

29

Jun

By The Press Editor

0 Comments

Business

India’s first offshore airport project gains momentum, to come up in Maharashtra’s Kore village | Business

Mumbai: The ambitious project to build the country's first offshore airport on the coast of Kore village in Palghar district has gained momentum as Chief Minister Devendra Fadnavis has directed officials to prepare a detailed project report (DPR). Fadnavis issued this order during his inspection of the proposed airport site on Sunday. The Chief Minister has also directed officials to examine extending the Uttan-Virar Sea Link to provide direct connectivity to the site. Where will the airport be built? The proposed airport site is just five kilometres away from the Uttan-Virar sea bridge. Therefore, a proposal to extend the sea…

Read More

29

Jun

By The Press Editor

0 Comments

Business

Sensex drops 372.10 points, Nifty settles below 24,000 as auto stocks drag, Nifty Pharma gains | Markets

Mumbai: Benchmark indices Sensex and Nifty broke a two-day gaining streak on Monday, June 29, 2026, and ended the trading session in the red as the geopolitical environment remains fragile, with both the US and Iran continuing a limited conflict, keeping markets on edge and unsettling investors. The 30-share BSE Sensex fell 3721.0 points or 0.48 per cent to settle at 76,728.37. During the day, the benchmark hit a high of 77,252.78 and a low of 76,621.75, gyrating 631.03 points. The 50-share NSE Nifty was down by 109.75 points, or 0.46 per cent, to settle at 23,946.25. Similarly, the broader…

Read More