investing Bansal Wire Ind, Emcure Pharma IPOs to open next week; ₹2,700 cr at stake Emcure Pharmaceuticals looks to raise ₹1,952 crore via IPO, while Bansal Wire Industries aims to garner ₹745 crore. By Chitranjan Kumar
investing RK Damani sells 6.91 cr shares of India Cements to UltraTech for ₹1,914 cr; stock falls 3% Radhakishan Damani, the founder of DMart chain of hypermarkets, sold around 24% stake in India Cements to Ultratech Cement via block deals yesterday. By Chitranjan Kumar
investing Indian govt bonds set to join JP Morgan index from June 28; $25-30 bn of inflow expected 23 Indian government bonds with a combined notional value of $330 billion are eligible for inclusion in the GBI EM index. By Chitranjan Kumar
enterprise Amazon enters $2 trillion market cap club Amazon became the fifth US company after Microsoft, Apple, Nvidia, and Alphabet to touch this milestone. By Vidhi Taparia
investing Dr. Reddy's shares rise 3% on buying Haleon’s nicotine gum biz; here’s what brokerages say The pharma major has agreed to acquire Haleon Plc’s Nicotinell and related portfolio outside of the U.S., for 500 million pounds. By Chitranjan Kumar
investing UltraTech to acquire 23% stake in India Cements for ₹1,885 cr; stocks hit their 52-week highs UltraTech to buy up to 7.06 crore equity shares of India Cements at ₹267 per share, amounting to ₹1,885 crore. By Chitranjan Kumar
investing Spectrum auction concludes with ₹11,340 cr bids; here’s how telecom stocks react Bharti Airtel emerged as the biggest bidder by securing 69% of the total MHz on offer, followed by VIL at 21%, and RJio at 10%. By Chitranjan Kumar
investing Vedanta shares slide over 6% amid block deal; promoter entity likely seller Finsider International Company Ltd., a subsidiary of Vedanta Resources, has reportedly proposed to sell 2.6% stake in Vedanta. By Chitranjan Kumar
investing Bank NIFTY hits fresh record high, crosses 52,900 mark; private lenders lead The rally in Bank NIFTY was in line with benchmark indices, with the BSE Sensex and NSE Nifty touching their respective new highs today. By Chitranjan Kumar
investing DEE Development Engineers IPO makes stellar debut, shares list at 67% premium Post listing, shares of DEE Development Engineers gained as much as 80% to ₹365.7 against the IPO price of ₹203, while the market cap rose to ₹2,255 crore. By Chitranjan Kumar
