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Happiest Minds Tech block deal: Shares fall 9%; Ashok Soota likely seller

Happiest Minds block deal news: Reports suggest Happiest Minds' Promoter and Executive Chairman, Ashok Soota, was looking to sell 6 per cent stake in the company through a block deal

Additional director on Bandhan Bank is prudent measure by RBI: Macquarie

On Monday, RBI inducted an additional director on the board of Bandhan Bank - Arun Kumar Singh, former chief general manager of RBI

ICICI Bank mcap tops $100 bn; becomes only sixth Indian co to hit milestone

The private sector lender joins likes of Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel, four other domestically-listed companies with market value of more than $100 bn

RBI inducts addl director on Bandhan Board ahead of CEO Ghosh's retirement

Ex RBI CGM Arun Kumar Singh appointed for one year to ensure smooth leadership transition

CarTrade shares fell after Highdell, MacRitchie offload 13% stake

The company came out with a Rs 3,000-crore IPO in August 2021, where it sold shares at Rs 1,618 apiece

Canara Bank's official X account 'compromised', investigation underway

Bank advised users not to post anything on its X page. The bank page has 0.25 million followers

Nvidia loses title of world's most valued company; stock declines 2%

Nvidia, Microsoft and Apple are in a three-horse race to be the world's most valuable company

Defer rollout of three criminal laws: Mamata Banerjee to PM Modi

She stressed on having a fresh review of the laws by Parliament

Allied Blenders IPO to open June 25; Sensex, FTSE rejig on Friday

NSE Indices has launched the thematic index Nifty India Tourism Index

Revenue stagnant and margins eroded, impact of high GST on gaming: Report

The report said, "Six companies have witnessed a decline in revenue growth ranging from 10-30 per cent, with certain companies facing a decline of 50 per cent"

EV maker Ola Electric secures market regulator Sebi approval for IPO

Ola Electric is eyeing a $6-7 billion valuation through the offering

AI platform OrbitShift raises $7 million to expand product footprint

OrbitShift claims that it has reduced research and sales planning time by 40-50%

Bombay High Court adjourns hearing on appeal by Subhash Chandra to June 26

Chandra had filed an appeal against the order and summons by Sebi in the alleged fund diversion matter in Zee Entertainment Enterprises

Vedanta target price raised 15%; M&M stock surges 91% in 5 months

The Anil Agarwal group co value has risen by over 70 per cent this year. Analysts say operational efficiencies, cost reduction, improved operating profit, and proposed demerger have underpinned gains

Bosch joins the elite group of companies with mcap of Rs 1 trillion

With Tuesday's gain, the stock has recovered by 25 per cent from its low of Rs 27,500 on June 4

AI app evaluation platform Maxim AI raises $3 mn led by Elevation Capital

Maxim's infrastructure, which sits between the foundational model and application layers of the AI stack, is deeply focused on AI developers who comprise the traditional AI/ML engineers

Advance tax collection surges 27.34% to Rs 1.48 trillion in June qtr so far

Refunds amounting to Rs 53,322 crore have also been issued in FY25 till June 17, which is 34 per cent higher than refunds issued during the same period in the preceding financial year

NTT DATA appoints Abhijit Dubey as CEO of its business outside Japan

NTT DATA has already expanded its international footprint to approximately $18 billion and has the world's sixth-largest market share in the IT services industry

CLSA sees further re-rating scope in Vedanta; stock rises over 2%

Vedanta also expects major cost reductions via alumina refinery capacity expansion, higher power generation efficiency, commissioning coal blocks and bauxite mines, and a smelting capacity increase

WhatsApp announces major upgrades to enhance calling experience

Interestingly, WhatsApp also announced that it is allowing more participants in video calls. Now 32 people can get on a video call across all their devices