Jaiprakash Associates Ltd, which has been acquired by Adani Enterprises through the insolvency process, will get delisted from stock exchanges with effect from June 18. In a regulatory filing on Monday, June 15, Jaiprakash Associates Ltd (JAL) informed that it has received final approval from the BSE Ltd and National Stock Exchange of India Ltd…
US stocks opened sharply higher on Monday, June 15, with the Dow Jones Industrial Average climbing more than 600 points to a fresh intraday record, after President Donald Trump announced that an agreement had been reached with Iran to end the conflict and reopen the Strait of Hormuz. The Dow rose 607 points, or 1.2%,…
Brokerage firm Angel One has settled a case with market regulator Securities and Exchange Board of India involving alleged violations of stock broker regulations by paying ₹4.28 crore, according to a settlement order issued on Monday. The proceedings stemmed from alleged deficiencies in the brokerage’s supervision and due diligence relating to the activities of two…
Nifty extended its winning streak for a second straight session on Monday, supported by easing geopolitical concerns and a sharp decline in crude oil prices that boosted risk appetite. The benchmark index gained 231 points to close at 23,853. After opening with a gap-up of 362 points on strong global cues, Nifty hit its intraday…
Indian markets will track the outlook for a weaker-than-normal monsoon after Union Finance Minister Nirmala Sitharaman stated that India is prepared for such a scenario, while maintaining adequate buffer stocks to ensure there is no immediate concern over food availability. Investor sentiment will also remain influenced by global developments, including reports of an initial US–Iran…
The Government of India, on Monday (June 15), has launched an Offer for Sale (OFS) in General Insurance Corporation of India (GIC Re) to dilute up to a 5% stake in the company. The OFS has a total issue size of up to ₹3,088 crore (about $326 million). The base offer comprises a 2% stake…
Markets regulator SEBI has introduced a revised framework for exchange-traded funds (ETFs), bringing in new rules for determining base prices, dynamic price bands and a pre-open call auction mechanism to improve price discovery and investor protection. The regulator said the changes address issues arising from the one-day lag in ETF base prices and fixed price…
From GMR Airports Ltd reporting its monthly traffic update for May 2026, showing strong passenger volumes across its airport portfolio to Mahindra & M…Read More 1/9 OMCs | OMCs are likely to remain in focus on Tuesday as US President Donald Trump on Monday said ships carrying oil are beginning to move through the Strait…
Engineering company Craftsman Automation Ltd on Monday (June 15) said its Fund-Raising Committee has approved the launch of a Qualified Institutions Placement (QIP) of equity shares for an aggregate amount not exceeding ₹2,000 crore. The company fixed June 15, 2026, as the ‘relevant date’ for the issue. Based on the pricing formula, the floor price…
Private lender Bandhan Bank Ltd on Monday (June 15) said its board of directors has approved the sale of identified non-performing assets (NPAs) from its housing finance portfolio to asset reconstruction companies (ARCs). The NPAs proposed for sale are those with more than 180 days past due (DPD), with a total principal outstanding of ₹303.74…
