Pharmaceutical company Zydus Lifesciences Ltd on Monday (June 29) said it has extended the closing date for the acquisition of the active pharmaceutical ingredient (API) business of Sterling Biotech Ltd to September 30, 2026, as the seller is yet to complete certain conditions precedent under the Business Transfer Agreement (BTA). “We hereby inform that Sterling…
India’s third-largest private sector lender, Axis Bank Ltd, on Monday (June 29) said the bank’s Chief Financial Officer (CFO) Puneet Sharma has tendered his resignation on June 28, 2026, to pursue the next phase of his professional journey, the bank said in a regulatory filing. Sharma will be relieved from service at the close of…
Bajaj Auto Buyback: Bajaj Auto Ltd has announced its largest-ever buyback, offering to repurchase up to 4,69,4000 shares at a price of Rs 12,000 per share, aggregating approximately Rs 5,632.80 crore. The buyback, approved by the board and shareholders, underscores the company’s strong cash position and commitment to enhancing shareholder value. Bajaj Auto Buyback The…
Multimodal logistics operatorAllcargo Terminals Ltd reported healthy operational growth for May, with total container volumes rising in both annual and sequential terms, reflecting continued strength in India’s export-import (EXIM) trade. According to its monthly operational update, the company handled 61,700 TEUs (twenty-foot equivalent units) during May 2026, an increase of 11% compared with the same…
Stock Market Closing: Indian equity benchmarks had a subdued start to the session as crude oil prices climbed following renewed military tensions between the US and Iran over the weekend. After opening largely flat, both the Sensex and Nifty remained under pressure through the day, with the Sensex ending nearly 400 points lower. The BSE…
The India Infrastructure Finance Company (IIFCL) is planning to borrow $1 billion from overseas investors, which could be its biggest foreign-currency loan, while also exploring a separate $400 million funding from the Asian Development Bank, an executive said. The Indian company is the latest to tap into the foreign lending market after the Reserve Bank…
Written by: Heena Ojha Updated Jun 29, 2026 15:04 IST A weaker currency, too, could work in India’s favour. (Image: ET NOW) Even as Indian equities have staged a sharp recovery from their March lows, market sentiment remains far from euphoric, according to Samit Vartak, Founder & Chief Investment Officer (CIO) at SageOne Investment who…
State-run Bharat Petroleum Corporation Ltd (BPCL) has signed an agreement to acquire a 40% stake in Tiki Tar and Shell India Pvt Ltd for ₹85 crore, marking another step in strengthening its presence in the bitumen and road infrastructure materials segment. The company informed exchanges on Monday that it has entered into a share purchase…
Hindustan Aeronautics Ltd (HAL) on Monday, June 29, announced a final dividend of ₹10 per equity share for the financial year 2025-26, rewarding shareholders after another year of healthy profitability. In a regulatory filing, the state-run aerospace and defence manufacturer said its board has recommended a final dividend of ₹10 per share of face value…
Shares of Vodafone Idea Ltd. gained on Monday, June 29, ahead of the Nifty indices rejig. The Nifty indices quarterly rejig for broader indices and semi-annual rejig for strategic indices is scheduled for Monday, June 29, 2026. Passive flows will be witnessed in many stocks, which will either see a surge or decrease in their…
