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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


Biocon shares in focus after board opens up QIP fundraising on 16 June, sets floor price at Rs.340.20/share

New Delhi, June 16 -- Biocon shares will be in focus of stock market investors after the company's board of directors announce the opening of the QIP (Qualified Institutional Placement) fundraising on... 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


Sterlite Technologies share price rallies 11% on Data Centre solutions launch; small-cap stock jumps 30% in 15 sessions

New Delhi, June 16 -- Sterlite Technologies share price jumped over 11% on Monday after the company announced the launch of Data Centre solutions. Sterlite Technologies shares rallied as much as 11.33... Read More


Cabinet secretariat to hear taxpayer, trader grievances on tax, customs

New Delhi, June 16 -- In a significant move aimed at enhancing citizen-centric governance and ease of doing business through better grievance redressal, the government has brought both the income tax ... Read More


Zee promoters to raise stake via Rs.2,237 crore preferential issue

New Delhi, June 16 -- The promoters of Zee Entertainment Enterprises Ltd are set to increase their stake in the company to 18.39% through a preferential allotment of fully convertible warrants worth R... Read More


Brad Pitt says interested in working with Tom Cruise again only on this condition

Washington DC, June 16 -- Actor Brad Pitt expressed interest in acting opposite fellow actor Tom Cruise as long as the role doesn't require death-defying aerial stunts, reported E! News. The two A-li... Read More


Sensex rises by 202.33 points

Mumbai, June 16 -- The BSE Sensex on Monday recovered by 202.33 points to 81,320.93 in early trade as buying was seen in IT, capital goods , oil& gas and technology shares. The Nifty advanced by 77.7... Read More


"We look forward to closer people-to-people relations with Cyprus": PM Modi concludes landmark visit with gratitude and top honour

Nicosia, June 16 -- Prime Minister Narendra Modi wrapped up a significant visit to Cyprus by expressing gratitude to President Nikos Christodoulides for a guided tour of Nicosia, and voiced optimism f... 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