Page 6 - Latest News
Sitharaman invites French firms to partner in India's Viksit Bharat journey
There are approximately 1,000 French companies operating in India
 "Sitharaman invites French firms to partner in India's Viksit Bharat journey")
Adani Enterprises slips 2%; sets QIP issue price 5% below floor price
Adani Enterprises increased the Qualified Institutional Placement (QIP) issue size to ₹15,000 crore from ₹10,000 crore on strong response from investors.
 "Adani Enterprises slips 2%; sets QIP issue price 5% below floor price")
Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless
Systematix said that it remains structurally positive on long-term growth outlook for India's integrated steel sector. The brokerage has initiated coverage on Jindal Steel & Jindal Stainless with Buy.
 "Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless")
Oil prices up slightly ahead of long US weekend as peace efforts hold
Brent futures climbed 46 cents, or 0.64%, to $72.26 a barrel as of 0407 GMT. West Texas Intermediate was up 32 cents, or 0.47%, to $69.01 a barrel
 "Oil prices up slightly ahead of long US weekend as peace efforts hold")
New Zealand may tighten immigration rules for Indians: What to know
Draft proposals could make work visas harder for Indians as New Zealand weighs new immigration rules.
 "New Zealand may tighten immigration rules for Indians: What to know")
Union Bank stock plunges 7% post Q1 business update; details here
Union Bank of India plunged over 7 per cent in Friday's intra-day deals after the bank's Q1 Gross Advances numbers came in lower than the provisional figures.
 "Union Bank stock plunges 7% post Q1 business update; details here")
Bank of Baroda slips 4%; down 23% from 52-wk high; should you buy on dips?
Bank of Baroda shares have now fallen 23 per cent from their 52-week high of ₹325.50, touched on February 26, 2026, on the NSE
 "Bank of Baroda slips 4%; down 23% from 52-wk high; should you buy on dips?")
White plates, shared costs: Why carpooling remains legal grey zone in India
As app-based carpooling platforms expand in India, questions remain over where cost-sharing ends and commercial transport begins under the country's existing motor vehicle laws
 "White plates, shared costs: Why carpooling remains legal grey zone in India")
India PMI services falls to 57.4 in June as domestic demand softens
HSBC India Services PMI slipped from 59.8 in May to its lowest level in 17 months, even as new export orders rose at the fastest pace in three months
 "India PMI services falls to 57.4 in June as domestic demand softens")
Visa passkeys go live in India as IDFC First Bank becomes first issuer
Visa Payment Passkey allows cardholders to authenticate online transactions using biometrics, PINs, passwords or patterns instead of traditional one-time passwords
 "Visa passkeys go live in India as IDFC First Bank becomes first issuer")
ICE averages 2,000 arrests a day in US amid latest immigration crackdown
ICE arrests 10,000 people in five-day crackdown as Trump ramps up deportation drive
 "ICE averages 2,000 arrests a day in US amid latest immigration crackdown")
HCLTech wins $1.14 billion deal from Fortune Global 50 European client
The five-year deal with a European Fortune Global 50 company will help HCLTech transform and manage the client's global digital workplace and enterprise networks
 "HCLTech wins $1.14 billion deal from Fortune Global 50 European client")
India coal-fired power output in June rises to highest since November 2023
India's total electricity generation in June rose 10.4% from a year ago to 178.31 billion kilowatt-hours
 "India coal-fired power output in June rises to highest since November 2023")
Avenue Supermarts slips 5% post Q1 business update; stock down 8% in 2 days
Revenue growth is weak considering the large number of store openings in March 2026 and support from inflationary trends even after normalizing for the surge in March 2026 amid the war, said MOFSL.
 "Avenue Supermarts slips 5% post Q1 business update; stock down 8% in 2 days")
US visa uncertainty fuels talent drain: 65% employers lose foreign workers
5% of employers report losing a foreign national employee to visa-related issues in the past year, up from 53% in 2025.
 "US visa uncertainty fuels talent drain: 65% employers lose foreign workers")
Bajaj Housing Finance up 6% on strong Q1 business update; should you buy?
For the June quarter, Bajaj Housing Finance's gross disbursement stood at ₹19,500 crore versus ₹14,651 crore in Q1FY26 and ₹17,506 crore in Q4FY26.
 "Bajaj Housing Finance up 6% on strong Q1 business update; should you buy?")
Putin shrugs off fuel shortages in Russia as attacks ramp up on Ukraine
Putin has shrugged off the setback for one of the world's leading oil producing nations as 'not critical,' dismissed ceasefire proposals and insisted the war will continue until his goals are met
 "Putin shrugs off fuel shortages in Russia as attacks ramp up on Ukraine")
Rupee rises 19 paise to 95.16 against US dollar during early trade
At the interbank foreign exchange market, the rupee opened at 95.20, then touched 95.16 against the US dollar, registering a gain of 19 paise from its previous close
 "Rupee rises 19 paise to 95.16 against US dollar during early trade")
PB Fintech crashes 8% on block deal buzz; 17 mn shares traded in first hour
PF Fintech down on block deal buzz: According to reports, Macritchie Investments which held close to a 6.5 per cent stake was planning to offload part of its stake in Friday's trade.
 "PB Fintech crashes 8% on block deal buzz; 17 mn shares traded in first hour")
US President insists 'there's nothing wrong' with his big crypto gains
Trump reported earlier this week earning at least $1.4 billion in 2025 from crypto and memecoin-related firms
 "US President insists 'there's nothing wrong' with his big crypto gains")