June 05, 2026 07:34 am (IST)
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'Was it directed by ruling ecosystem?': Congress questions LIC stake in Rajesh Exports under SEBI scanner | Boost for Congress! Vijay allots Tamil Nadu's lone Rajya Sabha seat to key ally | Fresh trouble for Mamata: Complaint filed over explosive Amit Shah claim in Osman Hadi case | 'Communication gap': Rajesh Exports rejects SEBI allegations, says revenues were not overstated | ₹15.2 lakh crore revenue questioned! SEBI action sends Rajesh Exports shares tumbling | 'If not now, when!': Sonam Wangchuk backs Cockroach Janta Party protest; spokespersons named ahead of founder Abhijeet Dipke's India return | Cabinet approves Rs. 10,000 crore support package to stabilise ATF prices for airlines | Delhi hotel inferno kills 21, many foreign nationals among victims | Mamata's TMC splits wide open as 58 MLAs back expelled Ritabrata as Bengal LoP | Cockroach Janta Party goes offline: Abhijeet Dipke set to return to Delhi, plans Jantar Mantar protest over exam lapses

Why LIC stock fell after SEBI's action against Rajesh Exports

Jun 04, 2026, at 04:37 pm

Mumbai/IBNS: Shares of Life Insurance Corporation of India (LIC) declined on Thursday after market regulator SEBI initiated action against Rajesh Exports and its promoter-chairman Rajesh Mehta over alleged financial irregularities, media reports said.

MSTC shares rally as Cabinet clears ₹5,041-crore vehicle replacement scheme for Delhi-NCR

Jun 04, 2026, at 02:36 pm

Mumbai/IBNS: Shares of MSTC Ltd. rallied sharply on Thursday after the Union Cabinet approved a ₹5,041-crore scheme to replace BS-IV trucks and buses operating in Delhi-NCR with cleaner BS-VI and electric commercial vehicles, media reports said.

'Communication gap': Rajesh Exports rejects SEBI allegations, says revenues were not overstated

Jun 04, 2026, at 01:58 pm

Mumbai/IBNS: Rajesh Exports Ltd. has denied allegations of revenue overstatement after market regulator SEBI initiated action against the company and its promoter-chairman Rajesh Mehta over alleged financial irregularities, media reports said.

₹15.2 lakh crore revenue questioned! SEBI action sends Rajesh Exports shares tumbling

Jun 04, 2026, at 11:15 am

Mumbai/IBNS: Shares of Rajesh Exports Ltd. plunged on Thursday after market regulator SEBI initiated action against the company and its promoter-chairman Rajesh Mehta over alleged financial irregularities, media reports said.

Sensex crashes 500 points, then pulls off stunning comeback within an hour

Jun 04, 2026, at 10:42 am

Mumbai/IBNS: The Indian stock market opened sharply lower on Thursday but staged a swift recovery within the first hour of trading, with both benchmark indices bouncing back into positive territory, media reports said.

HSBC Mutual Fund launches RedHex Hybrid Long-Short Fund (SIF)

Jun 03, 2026, at 08:01 pm

HSBC Mutual Fund has launched RedHex Hybrid Long-Short Fund, a Specialised Investment Fund (SIF) strategy designed for investors seeking regular returns and capital appreciation.

Russia showcases sovereign AI; Andhra Pradesh eyes AI, Quantum, digital collaboration

Jun 03, 2026, at 07:53 pm

As part of Andhra Pradesh’s efforts to build global technology partnerships, Minister for Education, IT and Electronics, Nara Lokesh, held discussions with Albert Yefimov, Senior Vice President of Sberbank, one of Russia’s leading financial and technology institutions.

TCS expands partnership with Euroclear to modernise Sweden’s central securities depository

Jun 03, 2026, at 05:10 pm

It services major Tata Consultancy Services (TCS)  on Wednesday announced the expansion of its long-standing partnership with Euroclear Group to drive the next phase of transformation for Sweden’s Central Securities Depository (CSD).

USTR proposes 12.5 percent duties on India, others over forced labour violations

Jun 03, 2026, at 05:04 pm

The Office of the United States Trade Representative (USTR) has proposed imposing additional duties of up to 12.5% on imports from multiple countries, including India, over allegations of failure to effectively prohibit and enforce restrictions on goods produced using forced labour.

Godrej Industries Group launches Godrej Wealth, eyes Rs. 1,00,000 crore AUM by 2031

Jun 03, 2026, at 04:21 pm

Godrej Industries Group, through its subsidiary Godrej Investments Limited, on Tuesday announced the launch of its wealth management business, Godrej Wealth, targeting assets under management (AUM) of ₹1 lakh crore by 2031.

Cabinet approves Rs. 10,000 crore support package to stabilise ATF prices for airlines

Jun 03, 2026, at 04:17 pm

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a one-time budgetary support of up to ₹10,000 crore for Oil Marketing Companies (OMCs) to provide aviation turbine fuel (ATF) price stabilisation support to scheduled Indian airlines.

Mukesh Ambani overtaken! TikTok founder climbs to No. 2 spot in Asia rich list

Jun 03, 2026, at 01:34 pm

Mumbai/IBNS: Chinese entrepreneur Zhang Yiming has overtaken Reliance Industries Chairman and Managing Director Mukesh Ambani to become Asia's second-richest person, according to the Bloomberg Billionaires Index.

Linc Limited reports Q4 FY26 PAT of Rs. 1,046 lakh

Jun 03, 2026, at 01:04 pm

Linc Limited has reported its financial results for the fourth quarter and full year ended FY26, posting a profit after tax (PAT) of Rs. 1,046 lakh for the quarter.

TCS crashes 7% after massive rally—what spooked investors?

Jun 03, 2026, at 12:37 pm

Mumbai/IBNS: Shares of Tata Consultancy Services (TCS) plunged more than 7 percent on Wednesday, reversing gains made during the previous two trading sessions.

Sensex crashes 900 points, Nifty tumbles as oil prices surge amid Middle East tensions

Jun 03, 2026, at 11:03 am

Mumbai/IBNS: The Indian stock market on Wednesday crashed at the opening bell, extending losses from the previous session amid rising geopolitical tensions and a sharp spike in crude oil prices.

Bitcoin crashes below $70,000 for first time since April 8. Why did it happen?

Jun 02, 2026, at 05:15 pm

Bitcoin slipped below the $70,000 mark for the first time since April 8, as selling activity from its largest institutional holder, Strategy (formerly MicroStrategy), added pressure to the cryptocurrency market.

Indian tourists can now pay in Cambodia using UPI – Here’s how it works

Jun 02, 2026, at 04:48 pm

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), in partnership with ACLEDA Bank Plc., has announced the launch of Unified Payments Interface (UPI) acceptance in Cambodia through KHQR, the country’s national QR code system.

Zee stock soars after landing FIFA World Cup 2026 rights; CLSA sees 31% upside

Jun 02, 2026, at 12:57 pm

Mumbai/IBNS: Shares of Zee Entertainment Enterprises Ltd. surged on Monday after the broadcaster secured exclusive media rights to televise FIFA events in India, ending months of uncertainty over the broadcasting of the FIFA World Cup 2026 in the country.

Sensex crashes 400 points at open before recovery as global tensions escalate

Jun 02, 2026, at 11:00 am

Mumbai/IBNS: The Indian stock market declined on Tuesday amid soaring crude oil prices and growing uncertainty over the conflict in West Asia, media reports said.

56 percent of online sellers are already using AI tools to grow their business: Report

Jun 02, 2026, at 10:39 am

India’s online seller ecosystem is rapidly evolving into a more technology-driven, manufacturing-led, and value-focused market, according to the latest Snapdeal Bharat Seller Report 2026.

Mahindra and Manulife Insurance JV moves ahead; gets approval from Corporate Affairs Ministry

Jun 01, 2026, at 07:12 pm

Mahindra and Manulife announced their partnership to create a life insurance business on November 12, 2025 and on Mondayboth companies have confirmed the incorporation of the JV company as Mahindra Manulife Insurance Limited (MMIL), following approval from the Ministry of Corporate Affairs.

Mahindra Auto clocks robust 20% YoY growth in May 2026

Jun 01, 2026, at 06:54 pm

Automobile major Mahindra & Mahindra Ltd. (M&M Ltd.) on Monday announced that its overall auto sales for the month of May 2026 stood at 99,636 vehicles, a growth of 20% including exports.

TVS Motor company registers highest ever sales milestone at 5.67 lakh units in May 2026

Jun 01, 2026, at 06:43 pm

Automobile major TVS Motor Company (TVSM), part of TVS VENU, is a global leader in the two and three-wheeler segments, recorded monthly sales of 566,585 units in May 2026 with a growth of 31% as against 431,275 units in May 2025.

Renault records ninth consecutive month of wholesale growth

Jun 01, 2026, at 06:22 pm

Automobile major Renault India, a wholly owned subsidiary of Renault Group, recorded its ninth consecutive month of wholesale growth in May 2026, extending a strong growth streak that began in September 2025.

India’s seafood exports net US $ 8.46 billion in 2025-26. Which two nations remain the top importers?

Jun 01, 2026, at 05:34 pm

India has exported 19,72,018 metric tons (MT) of seafood valued at ₹73,890.46 crore ($ 8.46 billion) during the fiscal year 2025-26, which is an all-time high mark by volume and value despite global odds, according to P Jawahar, IAS, Chairman of the Marine Products Export Development Authority (MPEDA).

India-Oman trade deal kicks in today amid Strait of Hormuz crisis: What duty-free access means for Indian exporters

Jun 01, 2026, at 04:47 pm

The India–Oman Comprehensive Economic Partnership Agreement (CEPA) officially entered into force on June 1, marking a significant milestone in bilateral economic relations and ushering in a new phase of strategic trade and investment cooperation between the two countries, amid the ongoing Middle East crisis and the impact of tension at the Strait of Hormuz.

Inox Wind shares tank 8%! Selling frenzy extends losing streak to 7 of last 8 sessions

Jun 01, 2026, at 02:46 pm

Mumbai/IBNS: The share prices of Inox Wind Ltd. on Monday declined over 7% in the biggest single-day fall in three months, media reports said.

Nifty IT jumps 4% after Nvidia CEO's big bet on India's AI future

Jun 01, 2026, at 02:02 pm

Mumbai/IBNS: The Nifty IT index surged nearly 4 percent on Monday after Nvidia CEO Jensen Huang expressed confidence in India's IT sector and its ability to capitalise on the artificial intelligence (AI) revolution, NDTV Profit reported.

Coffee Day shares jump 10% as Q4 profit surprise sparks investor rush ahead of Shivakumar's Karnataka CM oath

Jun 01, 2026, at 01:56 pm

Mumbai/IBNS: Shares of Coffee Day Enterprises surged nearly 10 percent on Monday after the company reported a sharp turnaround in its fourth-quarter earnings, boosting investor confidence in the operator of the Cafe Coffee Day chain.

LPG price shock from June 1! Commercial cylinder rates hiked again

Jun 01, 2026, at 11:45 am

Mumbai/IBNS: Restaurants, hotels, caterers and small businesses are set to face higher operating costs after commercial LPG cylinder prices were hiked once again in the latest revision that came into effect on June 1, media reports said.