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Infosys allots 59,314 equity shares under ESOP

Mumbai, June 13 -- Infosys has allotted 59,314 equity shares under the 2015 Incentive Compensation Plan and Infosys Expanded Stock Ownership Program 2019. Consequently, effective from 13 June 2025, t... Read More


Economic Buzz: IMF recommends multi-pronged policy response from emerging markets amid escalation in global trade tension

Mumbai, June 13 -- International Monetary Fund or IMF stated in a latest update yesterday that in its World Economic Outlook, it had projected growth in emerging and developing countries to slow from ... Read More


Indices trade in negative terrain; metal shares decline for 3rd day

Mumbai, June 13 -- The key equity indices traded with major losses in the mid-afternoon trade, mirroring losses across Asian markets, after Israel carried out military strikes on Iran, intensifying te... Read More


Coal India sets up CIL Rajasthan Akshay Urja subsidiary for renewable energy

Mumbai, June 13 -- The subsidiary is established in a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL), the state-owned power company of Rajasthan. Coal India holds a 74% stake in the... Read More


Kernex Microsystems JV bags Kavach project worth Rs 311 cr

Mumbai, June 13 -- Kernex Microsystems (India) announced that Kernex- VRCC consortium has received letter of acceptances for the following project of Southern Railways, Chennai: 1. Provision of Kavac... Read More


Jyoti Resins incorporates new WOS, Jyoti Social Welfare Foundation

Mumbai, June 13 -- Jyoti Social Welfare Foundation has been established under Section 8 as a not-for-profit company. Its activities include education and coaching, healthcare and medical research, env... Read More


Economic Buzz: Japan's tertiary activity index rises in April

Mumbai, June 13 -- Japan's tertiary activity index rose in April after a renewed decline in the previous month, according to data from the Ministry of Economy, Trade, and Industry on Friday. The seaso... Read More


IndusInd Bank signs MoU with Enterprise Incubation Centre at IIM, Lucknow

Mumbai, June 13 -- IndusInd Bank has signed a Memorandum of Understanding (MoU) with the Enterprise Incubation Centre at Indian Institute of Management Lucknow (IIML-EIC) to empower startups through ... Read More


Infomerics Rating reaffirms 'BBB+' rating of Sterling and Wilson Renewable

Mumbai, June 13 -- The agency has assigned 'IVR A2' rating to the short-term facilities of the company. Infomerics Valuation and Rating stated that the its ratings reaffirmed on the bank facilities o... Read More


Crisil Ratings reaffirms 'A/A1+' ratings of Heranba Industries with 'stable' outlook

Mumbai, June 13 -- Crisil Ratings stated that the rating continues to reflect the established presence of the company in the agrochemicals market and healthy financial risk profile. These strengths a... Read More