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Nifty above 24,800 level; PSU bank shares tumble for 5th day

Mumbai, June 16 -- The key equity benchmarks continued to trade with small gains in morning trade, extending their positive momentum, despite rising geopolitical tensions between Israel and Iran. Inve... Read More


Dr Reddys Laboratories allots Equity shares

Mumbai, June 16 -- Dr Reddys Laboratories has allotted 57,885 equity shares of Re.1/- each of the Company, fully paid up, on June 14, 2025, to eligible employees pursuant to exercise of their Stock Op... Read More


Tata Motors tumbles on weak JLR outlook

Mumbai, June 16 -- JLR now expects an EBIT margin of 5-7% for FY26, down from the 8.5% it clocked in FY25. Adding to the pressure, the company guided for free cash flow to be "close to zero" this year... Read More


B.R.Goyal Infrastructure receives work order

Mumbai, June 16 -- B.R.Goyal Infrastructure has received a Work Order for the repair and recarpeting of Barwaha - Siddhwarkut road at Omkareshwar Power Station in the state of Madhya Pradesh. The acce... Read More


Jeena Sikho Lifecare revises Final Dividend

Mumbai, June 16 -- Jeena Sikho Lifecare post effectiveness of the split/ sub-division of every 1 (One) equity share of the Company of the face value of Rs. 10/- each into 5 (Five) equity shares of the... Read More


Sun Pharma appoints Kirti Ganorkar as new MD

Mumbai, June 16 -- This move is part of a "structured and forward-looking succession planning process," the company stated, aimed at ensuring leadership continuity. The appointment is subject to share... Read More


Sterlite Tech jumps after launching AI-driven data centre solutions

Mumbai, June 16 -- According to an exchange filing, this new-age solution is engineered to meet the requirements of hyperscalers, colocation providers, enterprises, and telecom service providers in bu... Read More


Godrej Properties acquires 14-Acre land in East Bengaluru

Mumbai, June 16 -- With a projected development potential of roughly 1.5 million square feet of saleable area, the company intends to build a high-end residential project on the property. This acquis... Read More


Sterlite Technologies expands Data Centre portfolio

Mumbai, June 16 -- Sterlite Technologies has launched a new generation of Data Centre solutions, ranging from cabling to end-to-end connectivity offerings designed to power the relentless demands of A... Read More


Kellton Tech board OKs 1:5 stock split proposal; to raise Rs 69.3 crore via preferential issue of warrants

Mumbai, June 16 -- The company stated that the stock split has been executed in order to enhance the liquidity of its equity shares in the stock market and encourage wider participation of small and r... Read More