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Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff and global market weakness

Mumbai, June 23 -- The domestic equity markets witnessed sharp selling pressure on Tuesday, with both benchmark indices closing more than 1 per cent lower amid a broad-based technology selloff, weakne... Read More


ED searches Rajesh Exports premises over Rs.3,000-cr dubious deals, gold mismatch

New Delhi, June 23 -- The Enforcement Directorate (ED) on Tuesday carried out searches at nine premises linked to Rajesh Exports Ltd. (REL) in Bengaluru and Mumbai as part of an ongoing investigation,... Read More


Meta names Kunal Shah as WhatsApp's new head, invests $900 million in CRED

India, June 23 -- Kunal Shah, the founder of CRED, is set to take on a new role at Meta after the social media company announced a major investment in the fintech platform. As part of a funding agreem... Read More


Emcure Pharma climbs after foreign brokerage reiterates Buy call, lifts target

Mumbai, June 23 -- The revised target price implies a potential upside of about 11.6% from the current market price. The brokerage remains optimistic on Emcure's growth prospects and expects the comp... Read More


Brokers' body seeks carve-out for liquidity providers under RBI norms

New Delhi, June 23 -- The Commodity Participants Association of India (CPAI) has urged the Finance Ministry to support a regulatory framework that formally recognises liquidity providers (market maker... Read More


Diffusion Engineers rises after bagging Rs 7-cr defence industry order

Mumbai, June 23 -- The order has been awarded by a domestic client and is scheduled to be executed by June 2028. The company clarified that neither the promoter, the promoter group, nor the group comp... Read More


Shareholders quiz Infosys on AI hit as stock nears six-year low

New Delhi, June 23 -- At least half of Infosys Ltd's 22 shareholders virtually present at its 45th annual general meeting (AGM) on Tuesday quizzed the management on the company's declining share price... Read More


Turtlemint Fintech Solutions IPO Day 3: Should you subscribe as issue ends today? Check GMP, review, other key details

New Delhi, June 23 -- Turtlemint Fintech Solutions IPO: The initial public offering (IPO) of insurance distribution platform Turtlemint Fintech Solutions Ltd has entered its third and the last day of ... Read More


RBI eases forex exposure rules for banks availing special swap facility

New Delhi, June 23 -- The Reserve Bank of India (RBI) has relaxed foreign exchange exposure norms for banks raising funds under its recently announced concessional swap facility, a move that is expect... Read More


QMS Medical targets Rs.500 crore revenue by FY29 after NSE Mainboard migration

New Delhi, June 23 -- QMS Medical Allied Services Ltd is looking to post a consolidated turnover of over Rs.500 crore by FY29, the company said, following its migration to the Mainboard platform of th... Read More