Page 706 - Press Trust Of India

WFM Asia offloads 2.84% stake in Star Health Insurance for ₹701 crore

The shares were disposed of at an average price of ₹ 420.03 apiece, taking the deal value to ₹ 700.86 crore

Tata Sons, Singapore Airlines invested ₹9,558 crore in Air India in FY25

Tata Sons invested ₹3,224.82 crore, and Singapore Airlines put in ₹6,333.18 crore in Air India, taking the total fund infusion to ₹9,558 crore in the financial year ended March 2025

Three people missing as cloudbursts create havoc in Himachal's Kullu

Three people in Rehla Bihal trying to take away their valuables from their homes were washed away in the deluge and are missing, the officials said

Icra retains India's FY26 GDP forecast at 6.2% despite rising global risks

While Icra maintains India's GDP growth forecast for FY2026 at 6.2 per cent, the downside risks have risen, the report said

MHA extends validity of NGOs whose licences are expiring till Sept 30

This extension will remain in effect until September 30, or until the renewal application is processed, whichever is earlier, an official statement said

Karnataka govt directs officials to use Kannada for administrative work

It also instructed that English language forms, records, and internal correspondence must be completed in Kannada. Except for communication with the Central Government, foreign states, and courts

JSW MG Motor India to raise vehicle prices by up to 1.5% from July

This revision is being done to mitigate the impact of rising input costs and other macroeconomic factors, the company said in a statement

President Putin won't travel to Brazil for Brics Summit: Kremlin aide

Brazil, as the current rotating chair of BRICS, is hosting its regular 17th summit in Rio de Janeiro on July 6-7

Adani Enterprises, Vedanta, others in fray to acquire Jaiprakash Associates

Lenders of Jaiprakash Associates Ltd (JAL) met on Wednesday to open the bids submitted by the interested parties. The last date was June 24

Union Bank of India to garner ₹6,000 crore through equity, debt mix

The decision in this regard was taken in the board meeting held on Wednesday, Union Bank of India said in a regulatory filing

Ellenbarrie Industrial Gases IPO subscribed 31% on day two of bidding

The IPO received bids for 47,29,488 shares against 1,51,08,983 shares on offer, according to data available with the NSE

HDB Financial Services IPO sees 37% subscription on first day of bidding

The ₹12,500-crore initial public offering (IPO) will conclude on June 27. The price band for the offer has been fixed at ₹700-740 per share

Star Health partners Medi Assist to launch AI-based claims settlement

Star Health will adopt MAtrixan advanced AI-powered claims platformwhich will help the city-headquartered company manage rising claim volumes while maintaining speed, consistency, and transparency

SECI extends deadline for green ammonia tender submission to June 30

The tender is aimed at enabling the production and long-term supply of 7,24,000 metric tonnes of green ammonia annually to 13 identified fertiliser plants across the country

Cognizant to invest ₹1,500 cr in Andhra, pledges to create 8,000 jobs

Cognizant will begin operations by early 2026 from a temporary facility for 800 staff until Phase-I of the permanent campus is ready by early 2029, said the release

India's economy resilient amidst global uncertainties: RBI Bulletin

The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI's June Bulletin

Cabinet approves ₹5,940 cr revised Jharia Master Plan to deal with fire

Targeted skill development programmes are to be undertaken and income-generating opportunities will be created to ensure economic self-reliance of the rehabilitated families

Greenzo Energy receives order worth ₹320 crore from Oswal Energies

As part of the order, Greenzo Energy will execute the Engineering, Procurement, and Construction (EPC) of project, which is to be completed over a period of next 12-15 months, the company said

Coal India's coking coal output falls 9% to 4.53 million tonnes in May

The government under its 'Mission Coking Coal' aims to increase domestic coking coal production to 140 million tonne (MT) by 2029-30, thereby reducing dependency on its imports for the steel sector

Banks need to further improve their customer service: DFS secretary

The bank launched cash flow-based digital lending products designed specifically for MSME customers, strengthening its support for the country's small businesses