A leading Indian engineering and manufacturing firm specialising in power equipment has secured a major new contract. Known for its critical role in the nation’s energy infrastructure, the company announced significant news. This article details its recent landmark order win for supplying and commissioning multiple high-capacity thermal power units.
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Karnataka Bank shares fall after its CEO, board member resign
Karnataka Bank shares (NSE: KTKBANK) Update: “A committee has been set up to identify suitable replacements for the roles,” Karnataka Bank said, adding that it is taking necessary steps to ensure operational stability
HDB Financial Services IPO: Rs 3,369 crore raised from anchor investors; top global names participate
HDB Financial Services, a subsidiary of HDFC Bank, has raised Rs 3,369 crore from 141 anchor investors ahead of its highly anticipated Rs 12,500-crore IPO, reported news agency PTI.
TCS, Infosys to HCL Tech: IT stocks fall after Accenture results, escalation in Israel-Iran war
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.
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.