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Economic Buzz: US initial jobless claims up by 4,000 to 229,000

Mumbai, June 12 -- The number of seasonally adjusted initial jobless claims in the United States increased by 4,000 from last week's revised figure to 229,000 in the week ending June 6, the Department... Read More


GIFT Nifty hints at green start for equities after Trump says US will soon sign deal with Iran

Mumbai, June 12 -- GIFT Nifty: The GIFT Nifty June 2026 futures currently traded 45.50 points lower, suggesting a mildly green opening for the benchmark index today. Institutional Flows: Foreign po... Read More


Happiest Minds launches agentic AI platform to accelerate software modernization

Mumbai, June 12 -- Rel(AI)Build is an enterprise-grade, agentic platform designed to transform how organizations build, modernize, and operate software systems. The platform brings together AI-driven ... Read More


Shri Gurudev En-Trade reports standalone nil net profit/loss in the March 2026 quarter

Mumbai, June 12 -- Shri Gurudev En-Trade reported no net profit/loss in the quarter ended March 2026 and during the previous quarter ended March 2025. There were no Sales reported in the quarter ended... Read More


Grand Hills Developments Pvt reports standalone net profit of Rs 1.40 crore in the March 2026 quarter

Mumbai, June 12 -- Net profit of Grand Hills Developments Pvt reported to Rs 1.40 crore in the quarter ended March 2026 as against net loss of Rs 4.23 crore during the previous quarter ended March 202... Read More


Alembic Pharmaceuticals receives USFDA approval for Tretinoin Cream USP, 0.05%

Mumbai, June 12 -- Alembic Pharmaceuticals (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) ... Read More


Flair Writing operationalizes wooden pencil manufacturing facility in Surat

Mumbai, June 12 -- In FY 2025-26, the company stated that it has sold approximately 147 million units in the Mechanical Pencil category. According to industry reports, pencils account for approximate... Read More


Indostar Capital Finance allots 2,900 equity shares under ESOP

Mumbai, June 12 -- Indostar Capital Finance has allotted 2,900 equity shares under ESOP on 12 June 2026. Consequently, the paid up equity share capital has increased to Rs 1,61,58,50,070/- consisting ... Read More


Concord Biotech completes ANVISA inspection at Limbasi API facility

Mumbai, June 12 -- The inspection was carried out between 8 June and 12 June 2026 and concluded successfully, the company said in a regulatory filing. The company said, "The successful completion of ... Read More


UTI Asset Management Company allots 1250 equity shares under ESOS

Mumbai, June 12 -- UTI Asset Management Company has allotted 1250 equity shares under ESOS on 12 June 2026. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be i... Read More