Infosys fell over 2.43 per cent, becoming the biggest laggard on Nifty IT index. Meanwhile, TCS, Wipro and HCL Tech slipped below 2 per cent on June 23.
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Holders of HDB’s unlisted shares face losses as IPO is priced 40% lower
Investors in HDB Financial Services face a surprise. The company has set its IPO price much lower than expected. The IPO price is ₹700-740 per share. This contrasts with the unlisted market price of ₹1,225 on June 18. Earlier, shares traded as high as ₹1,550. Analysts warn early investors may face losses.
Pharma stock jumps after receiving approval to raise ₹4,500 Cr via QIP
During Tuesday’s trading session, shares of a global biopharmaceutical company engaged in the manufacturing of biotechnology products and research services are in focus, after the company launched a Qualified Institutions Placement (QIP) to raise up to Rs. 4,500 crores.
Tata Motors shares slip even as US-UK trade deal brings respite to JLR; Buy, sell or hold?
Tata Motors share price (NSE: TATAMOTORS): Before the tariffs were imposed, the US levied a 2.5 percent import duty on passenger vehicles. While the new 10 percent rate is lower than the retaliatory tariffs, it still remains higher than the original standard rate.
Upcoming dividend stock: Bajaj Auto, & 24 others to go ex-date next week
Upcoming dividend stock: Bajaj Auto leads the list with a final dividend of ₹210 per share, with the record date set for Friday, June 20, 2025.
Bajaj Finance shares didn’t crash 90%! Here’s what a stock split and bonus really mean
Bajaj Finance shareholders saw a temporary 90% drop in holding value as the stock turned ex-split and ex-bonus. The company issued bonus shares in a 4:1 ratio and also executed a 1:2 stock split, turning every 1 original share into 10. The corporate actions will be completed by June 27, after which updated holdings will reflect in demat accounts.
Sun Pharma Names Kirti Ganorkar as New Managing Director
Sun Pharmaceutical Industries appoints Kirti Ganorkar as Managing Director, effective September 1, 2025. Learn about this major leadership change and what it means for India’s largest drugmaker.
Reliance Sells 3.6% Stake in Asian Paints to SBI MF for $900 Million
Reliance Sells Asian Paints Shares for Huge Profit: Reliance Industries Limited (RIL) has sold a 3.6% stake in Asian Paints to SBI Mutual Fund for Rs 7,704 crore ($900 million). This is one of the biggest deals where a single buyer and seller made a trade without involving multiple investors.
Finance Ministry Clears the Air: No MDR on UPI Payments
The Finance Ministry denies rumors of MDR charges on UPI transactions above Rs 3,000, reaffirming support for digital payments. Learn more about UPI’s growth and why there’s no MDR on UPI.
IEX share price slumps 10% prior to power minister meeting stakeholders on market coupling
IEX shares declined ahead of a meeting on market coupling. Discussions may clarify the benefits of this approach, which aims to standardize electricity pricing across exchanges. A government report suggested a shadow pilot study for market coupling, pending software development.