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Dollar index rebounds from 6-week low

Mumbai, June 3 -- The dollar index regained strength on Tuesday morning after a sharp slide to a near six week low in the previous session. The greenback came under pressure following weak economic da... Read More


Medicamen Biotech rallies after securing USFDA approval for Bortezomib injection

Mumbai, June 3 -- The ANDA pertains to Bortezomib for Injection, 3.5 mg single-dose vial. The USFDA has determined that the product is bioequivalent and therapeutically equivalent to the Reference Lis... Read More


Federal Bank Ltd soars 2.56%, up for third straight session

Mumbai, June 3 -- Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 211.53, up 2.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.... Read More


Desco Infratech gains after securing Rs 19-cr orders

Mumbai, June 3 -- The contracts include last-mile connectivity (LMC), direct marketing services (DMA), and associated works for city gas distribution (CGD) projects in Karnataka, along with operations... Read More


Axis Mutual Fund Change in Minimum Application Amount

Mumbai, June 3 -- Axis Mutual Fund announces that the Minimum Application Amount for Axis Multicap Fund stands modified as under with effect from June 06, 2025. Table, th, td {border: 1px Solid black... Read More


MCX Morning Wrap: Base metals fall, Aluminum futures see hefty slide

Mumbai, June 3 -- Base metals fell on the MCX in morning trades today. MCX benchmark April Copper futures are down 0.42% to trade at Rs 864.20 per kg. The counter slipped near Rs 862 per kg in early m... Read More


United Breweries announces closure of Mangalore unit

Mumbai, June 3 -- The company has decided to close its brewery unit located at Plot No. 310, 311, 322E Industrial Area, Baikampady, Mangalore - 575011, Karnataka. The company has initiated a strategi... Read More


Union Bank of India announces cessation of MD and CEO

Mumbai, June 3 -- Union Bank of India announced that A. Manimekhalai, Managing Director & Chief Executive Officer has completed her tenure on 02 June 2025 and consequently ceased to be the Director of... Read More


Chemmanur Credits and Investments plans to raise Rs 100 crore through NCDs issue

Mumbai, June 3 -- Chemmanur Credits and Investments has announced the public issue of 10 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggre... Read More


Nifty below 24,650; realty shares in demand

Mumbai, June 3 -- The frontline indices traded with moderate losses in early afternoon trade amid global trade tensions. Market participants will closely monitor domestic economic indicators and globa... Read More