Business

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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24

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex gains 29 points, Nifty below 23,800 points, Trent jumps 4.38% | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened mixed on June 24, 2026, amid weak global cues, with selling in IT stocks continuing. While the 30-share BSE Sensex gained 29.08 points, or 0.46 per cent, to start the session at 76,229.76, the Nifty fell 28.3 points to open at 23,795.80. In the last trading session, the Sensex closed at 76,200.68 and the Nifty 50 at 23,824.10. However, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up by 4.43 points, the BSE Smallcap Select Index added 8.21 points or 0.09…

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23

Jun

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Business

Voda Idea shares in focus as company raises Rs 1,182 crore from promoter Aditya Birla Group | Markets

Mumbai: Shares of Vodafone Idea continue to fall for the third straight session on Tuesday, June 23, 2026. The scrip has corrected 3.26 per cent in the period, and it has underperformed the sector by 1.41 per cent today. The stock opened in the green despite a weak start in the stock market benchmark indices, the Sensex and the Nifty, as investors stayed on the sidelines after the recent rally. Even as weak trends in Asian markets and fresh foreign fund outflows led to the subdued trading in equities during the early deals, the counter managed to gain in early trade.…

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23

Jun

By The Press Editor

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Business

Tier-2 Indian cities attract real estate capital with major infrastructure push: Details | Business

Mumbai: Rising land prices, increased market saturation in metro cities, and continued emphasis on infrastructure development have led developers and investors to shift their sights from metropolitan cities to tier-2 cities. As expressways, airports, industry belts, and business districts begin to shape the economy, a new breed of city emerges as an investment opportunity. Markets such as Lucknow, Prayagraj, Indore, Jaipur, Nagpur and Chandigarh are no longer being viewed merely as future growth prospects; they are demonstrating tangible demand, stronger economic fundamentals and increasing capital absorption.  Surging Land Prices  As per industry estimates, land prices in India's tier-2 and tier-3…

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23

Jun

By The Press Editor

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Business

Vande Bharat sleeper trains on 9 routes soon: Check routes, top speed, passenger capacity and other details | Business

New Delhi: With the aim of completely transforming long-distance travel, Indian Railways is planning to introduce Vande Bharat sleeper trains on more routes. Following the success of the Vande Bharat Express, the Railways is now focusing on Vande Bharat Sleeper trains. Equipped with modern amenities, these trains run at higher speeds and could make journeys more comfortable. The Vande Bharat Sleeper train is specially designed for overnight and long-distance travel. Passengers will enjoy modern berths, improved lighting, comfortable seats, noise-reducing coaches, and state-of-the-art safety features. The railways aim to provide passengers with a comfortable and fast travel experience comparable to…

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