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Sterlite Technologies hits the roof on launching QIP; floor price of Rs 613.69/share

Mumbai, June 25 -- The company's Authorization and Allotment Committee approved the opening of the issue on 24 June 2026. The floor price of Rs 613.69 is at a premium of 5.16% to the scrip's previous... Read More


Freedom fighter allowance should be higher than that of July warriors: Fazlur Rahman

Sangsad Bhaban, June 25 -- BNP lawmaker Fazlur Rahman on Thursday said the honorarium allowance for freedom fighters to be higher, at least by one taka, than the allowance announced for July warriors ... Read More


Govt tells public sector banks to expand deeper into Rural India

New Delhi, June 25 -- The Union finance ministry has asked public sector banks (PSBs) to accelerate their rural expansion and ensure access in villages with a population of more than 3,000, according ... Read More


Income Tax Dept flags 'swapped' deduction claims; 20,000 cases under lens

New Delhi, June 25 -- The Income Tax Department has identified around 15,000-20,000 cases in which taxpayers may have altered deductions or exemptions while filing revised or updated income tax return... Read More


Odisha begins Rs 24,700 crore mega shipbuilding cluster work; IDCO's land survey soon

Bhubaneswar, June 25 -- A high-level team completed field inspection in Mahakalpada tehsil in Odisha's Kendrapara to assess the feasibility of a proposed Rs 24,700-crore mega shipbuilding cluster. Pl... Read More


Concord Biotechs formulation facility clears regulatory inspections by Kenya's PPB & Uganda's NDA

Mumbai, June 25 -- The inspection took place from 18 June 2026 to 24 June 2026. The successful completion of PPB and NDA inspection marks a significant milestone in Concord Biotech's global growth jo... Read More


SpaceX credit derivatives start to trade after debut bond sale

New Delhi, June 25 -- Credit-default swaps tied to Elon Musk's SpaceX have begun actively trading after the company sold high-grade bonds this week for the first time, according to people familiar wit... Read More


Sensex, Nifty trade with significant gains; auto shares advance

Mumbai, June 25 -- The domestic equity benchmarks traded with major gains in morning trade. The Nifty traded above the 24,150 mark. Auto shares advanced after declining for previous two consecutive tr... Read More


NSE SME Avience Biomedicals debuts with a powerful heartbeat

Mumbai, June 25 -- The scrip was listed at Rs 395.20, a 90% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counter... Read More


Multiples PE wraps up nearly a decade-old bet but did it beat the benchmark?

New Delhi, June 25 -- Homegrown private equity firm Multiples Alternate Asset Management, led by Renuka Ramnath, has signed a deal to completely wind up its nearly decade-old investment in the service... Read More