Business

01

Jun

By The Press Editor

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Business

Logistics stock under Rs 50 on investors’ radar as company’s net profit climbed, check full details | Markets

Mumbai: Shares of Delhi-headquartered logistics and finance firm Sindhu Trade Links Limited are on investors' radar as the company has announced its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026. For the full financial year, the company clocked a total revenue from operations of Rs 423.74. This marks a moderate contraction compared to the total revenue of RS 485.50 crore posted in the preceding fiscal year ended March 31, 2025. After accounting for a net tax expense of Rs 8.61 crore, the standalone net profit after tax (PAT) concluded at Rs 24.57 crore,…

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01

Jun

By The Press Editor

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Business

EPFO 3.0: Will ATM PF withdrawals reduce your pension? Here’s what you need to know | Personal-finance

New Delhi: Waiting for weeks to withdraw your Provident Fund (PF) money will soon be a thing of the past, as the Employees' Provident Fund Organisation (EPFO) has announced a revised system called EPFO 3.0 to improve employee welfare. According to the Labour Ministry, EPFO users will now be able to withdraw PF directly from an ATM using UPI, without any company or employer approval. Testing of this new system has been completed, and it may soon be implemented in phases. What is EPFO ​​3.0, and how will it work? EPFO 3.0 is a modern digital initiative for millions of…

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01

Jun

By The Press Editor

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Business

Vehicles will not be required to stop at toll plaza of this expressway in Uttar Pradesh, here’s why | Business

Lucknow: A significant and interesting detail has emerged regarding Uttar Pradesh's highly anticipated Lucknow-Kanpur Expressway. The expressway hasn't even been inaugurated yet, but preparations are underway to make it one of the country's most modern and smart highways. According to information available, drivers travelling on this expressway will not have to wait in queues at toll plazas. With the help of cutting-edge technology, the toll tax will be deducted even before the vehicle reaches the toll plaza, and the barrier will automatically open to let the vehicle pass smoothly.  Automatic Number Plate Recognition Technology  A high-tech toll system based on…

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01

Jun

By The Press Editor

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Business

Metal stock gains after company’s profit for March quarter nearly doubled, check full details | Markets

Mumbai: Shares of Rathi Steel and Power Ltd, which owns and operates a 2 lakh tonnes steel plant in Uttar Pradesh, are in action even as markets remain volatile on Monday, June 1, 2026. The stock has gained after the company posted its audited financial results for the fourth quarter and fiscal year 2026. The metal company has showcased a strong upward trajectory in its performance metrics. Amid this, the stock opened gap up at Rs 20.63, a gain of 9.97 per cent from the previous close of Rs 20.63 on the BSE. However, the stock saw some profit-booking at…

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01

Jun

By The Press Editor

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Business

IT stock in focus as company’s consolidated net profit jumps over 36%, check share price and other details | Markets

Mumbai: Shares of software IT company Blue Cloud Softech Solutions are in focus as the company has declared its quarterly results for standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. According to the information shared with exchanges, the company has experienced a strong surge in its consolidated net profit. The company's profit grew to Rs 60.50 crore, a gain of 36.65 per cent from RS 44.27 crore in the prior fiscal period.  The company's total income from operations witnessed strong growth, crossing the thousand crore mark to reach Rs 1,002.64 crore, compared to…

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01

Jun

By The Press Editor

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Business

FMCG stock under Rs 200 to be in focus when market opens, here’s why | Markets

Mumbai: Shares of fast moving consumer goods (FMCG) company GRM Overseas will be in focus when market open on Monday, June 1, 2026 as the company has reported its earnings for the quarter and financial year ended March 31, 2026. The leading rice exporter has reported strong financial growth for the financial year 2025-26. According to the information shared with the exchanges, the company's consolidated net profit rose to Rs 74.34 crore. It was Rs 61.24 crore in the fiscal year 2025. The total income of the company hit Rs 1,805.85 crore, up 31.4 per cent compared to Rs 1,374.20…

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01

Jun

By The Press Editor

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Business

Stock under Rs 50 hits upper circuit as company sets board meeting date to consider fundraise proposal | Markets

Mumbai: Shares of Indiabulls Ltd, which is into real estate and financial services, gained nearly 5 per cent to lock in an upper circuit on Monday, June 1, 2026, even as the benchmark indices remained volatile amid a rise in crude oil prices. The counter witnessed strong momentum after the company informed exchanges that a meeting of its board of directors is scheduled for Wednesday, June 3, 2026, to consider and approve the proposal of raising funds. The company said the fund will be raised for its subsidiary to meet growing financial requirements. As per the information shared, the company…

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01

Jun

By The Press Editor

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Business

Gold, silver rates drop on MCX, what’s behind the fall? Check key levels before buying | City-wise rates | Markets

Mumbai: Rates of precious metals in futures fell on Monday, June 1, 2026, as the dollar strengthened and crude oil prices surged over 2 per cent as Israel expanded its ground offensive in Lebanon over the weekend. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 457 or 0.02 per cent at Rs 1,55,119 per 10 grams against the previous close of Rs 1,55,575, reflecting a cautious undertone in price action. It fell further to touch an intraday low of Rs 1,54,086, a fall of Rs 1,489 or 0.95 per cent. Last…

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01

Jun

By The Press Editor

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Business

Rules changing from June 1: From banking, income tax to car prices, these major changes to impact your pocket | Personal-finance

New Delhi: June 2026 has begun with several major changes for the general public. Several new rules are coming into effect today that can directly impact your pocket, household budget, and daily life. From cooking gas to digital payments, banking, taxes, railways, and the automobile sector, many significant changes have been implemented. Some rules have been introduced to provide greater security and convenience to the public, while others are likely to increase expenses. Here are 10 major changes that came into effect from June 1, 2206. 1. Real name in UPI payments To make digital payments more secure, the official…

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01

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex surges 427 points, Nifty above 23,650; Nifty IT gains over 2%, here’s why | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on the first trading session of June, even as crude oil prices gained more than 3 per cent amid little sign of progress in US-Iran ceasefire negotiations. While the 30-share BSE Sensex gained 427.28 points or 0.57 per cent to start the session at 75,203.02, the Nifty added 106.75 points to open at 23,654.50. In the last trading session, the Sensex closed at 74,775.74 and the Nifty 50 at 23,547.75. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select…

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