Business

Keep abreast on today’s most important business news. Investigate trends, insights, and professional research to maintain your company’s lead in a cutthroat industry.

Gold falls to Rs 1.45 lakh per 10 grams, silver drops by over Rs 9,000 per kg on MCX | Check city-wise rates | Markets
19
Jun
By The Press Editor
0 Comments
Business

Gold falls to Rs 1.45 lakh per 10 grams, silver drops by over Rs 9,000 per kg on MCX | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures tumbled on Friday, June 19, 2026, amid a strong dollar and hawkish signal from the US Federal Reserve. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 2,134 or 1.42 per cent at Rs 1,47,175 per 10 grams against the previous close of Rs 1,49,309. It fell further to touch an intraday low of Rs 1,45,710, a drop of Rs 3,599 or 2.41 per cent. Last seen, it was trading at Rs 1,46,698 with a drop of Rs 2,611 or 1.75 per cent. In between,…
Read More
This logistics stock to be in focus as company secures import break bulk project from state-run BHEL | Markets
19
Jun
By The Press Editor
0 Comments
Business

This logistics stock to be in focus as company secures import break bulk project from state-run BHEL | Markets

Mumbai: Shares of Tiger Logistics (India) Limited, an international logistics solutions provider, will be in focus today as the company has secured a new import break bulk logistics contract from state-run Bharat Heavy Electricals Limited (BHEL). The public sector giant has awarded the contract to manage complex international freight operations. According to the information shared with the exchanges, the new order is valued at around Rs 4 crore. The company said that the new contract builds on its existing relationship with one of India's largest public-sector engineering and manufacturing enterprises.ย  "As part of projects allocated by BHEL in the last…
Read More
Infosys Share Price: Stock crashes 8%, TCS, Wipro, HCL Tech too in red – Here’s why | Markets
19
Jun
By The Press Editor
0 Comments
Business

Infosys Share Price: Stock crashes 8%, TCS, Wipro, HCL Tech too in red – Here’s why | Markets

Mumbai: Shares of Infosys crashed over 8 per cent on Friday, June 19, 2026, as IT stocks are under pressure following a sharp overnight sell-off in Accenture. The counter opened with a gap-down, falling 5.7 per cent to Rs 1,063.05 from the previous close of Rs 1,127.25 on the BSE. It continued to decline amid profit booking and touched an intraday low of Rs 1,030.35, down Rs 96.9, or 8.6 per cent. This is also the stock's fresh 52-week low. The 52-week high of the stock is Rs 1,727.85, hit on February 3, 2026.ย Last seen, the stock was trading at…
Read More
Market Opening Bell: Sensex tumbles 557 points, Nifty below 24,000, Infosys crashes 8% | Markets
19
Jun
By The Press Editor
0 Comments
Business

Market Opening Bell: Sensex tumbles 557 points, Nifty below 24,000, Infosys crashes 8% | Markets

Mumbai: Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a negative note on June 19, 2026, amid persistent selling by Foreign Institutional Investors (FIIs) and a fall in ADR (American Depositary Receipt) of Infosys, Wipro, after Accenture cuts growth guidance. While the 30-share BSE Sensex fell 557.12 points or 0.71 per cent to start the session at 76,852.86, the Nifty fell 176.8 points to open at 23,991.20. In the last trading session, the Sensex closed at 77,409.98 and the Nifty 50 at 24,168.00. Similarly, the broader indices traded in the red in…
Read More
NSE IPO likely to be largest-ever public issue in India, to surpass record of Hyundai: Full details | Markets
18
Jun
By The Press Editor
0 Comments
Business

NSE IPO likely to be largest-ever public issue in India, to surpass record of Hyundai: Full details | Markets

Mumbai: The National Stock Exchange (NSE), one of the leading stock exchanges in the country, has filed draft documents with the market regulator, SEBI, for approval of its much-awaited initial public offering (IPO). The IPO will be entirely an offer for sale by existing shareholders and is estimated to be worth around Rs 30,000 crore, making it India's largest-ever public issue. This much-anticipated IPO could even surpass the record set by Hyundai Motor India's Rs 27,870 crore IPO in October 2024. The development holds significance as the NSE's listing plans had been stalled for nearly a decade due to regulatory…
Read More
EPFO 3.0 ATM Withdrawal: When will it start and how much can EPF members withdraw? Check details | Markets
18
Jun
By The Press Editor
0 Comments
Business

EPFO 3.0 ATM Withdrawal: When will it start and how much can EPF members withdraw? Check details | Markets

New Delhi: Employed people have the Employees' Provident Fund (EPF) in which a fixed amount is deposited from their monthly salary. The company also deposits the same amount into the account. For a long time, employees have had to wait over a week to withdraw money from this account. However, the Employeesโ€™ Provident Fund Organisation (EPFO) has completed testing of EPFO 3.0, which aims to make PF services seamless and faster. EPFO 3.0 is a modern digital initiative that aims at eliminating delays in PF transfers and withdrawals. This system will soon allow account holders to withdraw money via ATMs…
Read More
South Delhi to Gurgaon in 6 mins: Govt approves 4km elevated road, details here | Business
18
Jun
By The Press Editor
0 Comments
Business

South Delhi to Gurgaon in 6 mins: Govt approves 4km elevated road, details here | Business

New Delhi: To tackle daily traffic congestion in South Delhi, the government has approved a 4-kilometre-long signal-free elevated corridor along Sant Shri Nagpal (SSN) Marg in Chhatarpur. Sharing details of the approval, Delhi PWD Minister Parvesh Verma said that using this elevated corridor will save commuters significant time. The flyover stretches from Anuvrat Marg to DLF Farms along SSN Marg.ย  Connectivity to the Qutub Minar, several residential areas will be enhanced Verma stated that the Delhi government has approved this project following a feasibility study. The elevated corridor will help alleviate congestion at a major traffic bottleneck in South Delhi.…
Read More
Aerospace and defence stock in focus as company shares details on conversion of warrants: Details | Markets
18
Jun
By The Press Editor
0 Comments
Business

Aerospace and defence stock in focus as company shares details on conversion of warrants: Details | Markets

Mumbai: Shares of Apollo Micro Systems Ltd., a technology-driven firm in the aerospace, defence, and homeland security sectors, are in focus as the company has shared details about the conversion of warrants with the exchanges. The counter opened in green amid volatility in the benchmark indices. It started the trading session at Rs 440.20 against the previous close of Rs 438.80 on the BSE. It gained further to touch the high of Rs 442.95, representing a gain of Rs 4.15 or 0.94 per cent from the previous close. This is just 4.7 per cent away from the 52-week high of…
Read More
Gold drops Rs 2.5k per 10 grams, silver at Rs 2.44 lakh per kg on MCX | Check city-wise rates | Markets
18
Jun
By The Press Editor
0 Comments
Business

Gold drops Rs 2.5k per 10 grams, silver at Rs 2.44 lakh per kg on MCX | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures remained under pressure on Thursday, June 18, 2026, as rising US Treasury yields and a stronger dollar reduced the appeal of precious metals. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,573 or 1.02 per cent at Rs 1,52,306 per 10 grams against the previous close of Rs 1,53,879. It fell further to touch an intraday low of Rs 1,51,133, a drop of Rs 2,746 or 1.78 per cent. Last seen, it was trading at Rs 1,51,136 with a drop of Rs 2,743 or…
Read More