Markets

Flywings Simulator Training Centre Limited Approves ₹20 Crore NCD Issue and Appoints Internal Auditor Flywings Simulator Training Centre Limited has finalized key decisions following a Board meeting held on June 11, 2026. The board approved a private placement for the issuance of Non-Convertible Debentures (NCDs) and appointed Mr. Nishant Sharma as the company’s internal auditor for the Financial Year 2026-27.The board meeting also sanctioned the appointment of Catalyst Trusteeship Limited to serve as the Debenture Trustee for the NCD issuance.Debt Financing Details The company approved the issuance of 200 Unlisted, Secured, Redeemable, Fully Paid-up, Non-Convertible Debentures (NCDs) through a private placement route. The total...

SBI and Bank of Baroda Surge FCNR Rates Up to 6% Following RBI's Move to Boost Foreign Inflows Major Banks Hike FCNR Deposit Rates Amidst RBI Stimulus State Bank of India (SBI) and Bank of Baroda (BoB) have significantly increased interest rates on their Foreign Currency Non-Resident (Bank) or FCNR(B) deposits. These moves target Non-Resident Indians (NRIs), offering returns up to 6 percent specifically on US dollar deposits. This sharp rate revision follows recent measures by the Reserve Bank of India (RBI) designed to attract greater foreign currency inflows into the banking system.The new rates represent a considerable increase from earlier levels, which were around 3.35 percent for long-term US dollar deposits. The maximum rate of...

MP Agro Industries States Share Price Movements Are Purely Market Driven MP Agro Industries Ltd has clarified the nature of recent price movements in its equity shares, stating that the volatility is solely attributable to prevailing market conditions. The company emphasized that it has maintained transparency regarding all operational and performance aspects relevant to investors.The company confirmed that it has not withheld any material information or events that could impact the operations or performance of MP Agro Industries Ltd, including significant movement in price or volume as related to its shares.Furthermore, MP Agro Industries stated there are no pending announcements from the company that bear on the current stock...

Chinkita R Agarwal Creates Pledge Over Equity Shares of Money Masters Leasing & Finance Limited Chinkita R Agarwal has created a pledge over equity shares in Money Masters Leasing & Finance Limited, acquiring 26.78% of the paid-up equity share capital of the company. The encumbrance was established through a loan transaction involving Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, promoters of Money Masters Leasing & Finance Limited.The transaction involves 2,68,83,620 equity shares held by Chinkita R Agarwal in conjunction with the company's promoters. This holding, which constitutes 26.78% of the total share capital, is designated as shares in the nature of encumbrance.The details of this acquisition...

iStreet Network Receives Trading Approval from BSE for Preferential Issue of 18,33,334 Equity Shares iStreet Network Ltd has received trading approval from BSE Limited concerning the issue of equity shares to non-promoters on a preferential basis resulting from warrant conversion.The company secured the trading approval vide a letter dated June 10, 2026, for 18,33,334 equity shares issued under these terms. The stock has been confirmed as listed and available for trading effective from Thursday, June 11, 2026.The preferential issue involves the issuance of shares with a face value of Rs. 4/- each, which are being issued at a premium of Rs. 2/. These securities bear distinctive numbers ranging from 66466669 to 68300002.Details...

Promoters Pledge 26.78% of Money Masters Leasing & Finance Ltd Equity Shares The promoters of Money Masters Leasing & Finance Limited have created a pledge on a significant portion of their equity share capital following a loan transaction. Chinkita R. Agarwal is the pledgee in this transaction.Mr. Hozef Abdulhussain Darukhanawala and Mrs. Durriya Hozef Darukhanawala, who are promoters of Money Masters Leasing & Finance Limited, pledged 268,83,620 equity shares of the company on June 9, 2026. The creation of the pledge constitutes a 26.78% stake of the paid up equity share capital of the company.This action was taken pursuant to a loan transaction and details were recorded regarding the encumbrance on the shares.Key Details of the...

Netizen Properties Acquires 74% Stake in Thakral Services India Ltd in Off-Market Deal Netizen Properties Private Limited has acquired a substantial stake in Thakral Services (India) Limited, securing ownership of 86,84,200 equity shares, representing 74% of the paid-up capital of the company. The transaction was completed through an off-market sale on May 20, 2026.The acquisition pertains to the transfer of shares between two companies where a common person holds less than fifty percent of the equity shares. Paramount Park Limited is the seller in this deal, while Netizen Properties Private Limited is the acquirer. The purchase price for each share was INR 15.25/-.Transaction and Shareholding Details The acquisition resulted in...

Nasdaq Slumps 1.98% Amid Geopolitical Tension: Will Tech Sell-Offs Impact India's Market Outlook? Global equity markets faced significant headwinds on Wednesday, as concerns over rising inflation and renewed geopolitical tensions in the Middle East weighed heavily on US stocks. The downturn saw key indices register substantial losses, signaling a period of caution for technology giants and risk assets worldwide.The Nasdaq Composite Index shed 509.32 points or 1.98%, closing at 25,169.50. Broader market indicators also fell sharply; the Dow Jones Industrial Average dropped 953.33 points or 1.87% to 49,918.78. The S&P 500 sank 119.66 points or 1.62%, settling at 7,266.99.Tech Sector Faces Profitability Scrutiny Amid AI IPO Pressure...

South Korea Fines Coupang $409 Million After Massive Data Breach: Regulator Cites Management Failure Government-Led Investigation Blames Systemic Flaws for Mega Data Leak Coupang, the massive e-commerce giant, has been hit with a substantial fine by South Korea’s Personal Information Protection Commission. The company has been penalized $409.30 million (625 billion won) in what is described as the country's largest data breach penalty on an enterprise. This severe action follows a widespread leak of customer information and findings of illegal personal data collection from last year.The regulator pointed to systemic failures within Coupang’s operations, stating that "This accident occurred due to Coupang's lack of safety measures and...

Envirotech Systems Promoter Acquires 7,000 Equity Shares in Open Market Transaction Envirotech Systems Limited announced a significant open market acquisition of equity shares by its promoter and managing director, Mr. Manoj Kumar Gupta. The transaction took place on June 10, 2026.Mr. Manoj Kumar Gupta, who serves as the Managing Director and Promoter of Envirotech Systems Limited, purchased 7,000 equity shares of the company in the open market. The acquisition was valued at Rs. 525,400.The purchase details reflect a substantial change in the promoter's holdings. Prior to this transaction, Mr. Gupta held 9,171,650 equity shares. Following the open market purchase of 7,000 shares, his holding increased to 9,900,190,001 shares...

Rain Carbon Releases Fourth Annual Sustainability Report for Calendar Year 2025 Rain Carbon Inc., a global provider of carbon-based products and advanced materials, has published its fourth external sustainability report covering calendar year 2025. The report details the company's ongoing commitment to sustainability as part of its long-term strategy.Executive Vice President -Corporate and Sustainability Steering Committee Chair Matthew Scott-Hansen stated that "Sustainability remains the cornerstone of RAIN's identity and the foundation of our long-term strategy." He added that in 2025, the company advanced this commitment by embedding double materiality into its strategic framework and strengthening supply chain integrity through...

Unichem Laboratories attributes significant stock volume increase to market drivers Unichem Laboratories Ltd has stated that the notable increase in the volume of its securities across exchanges is purely market driven, offering no specific comment on the matter.The company clarified its position regarding the surge in trading volume, confirming that all events and information pertaining to the business have been disclosed as per regulatory obligations.Unichem reiterated that it will continue to make necessary disclosures in compliance with its ongoing commitments, addressing concerns raised over the movement of its stock securities.UNICHEMLAB Stock Price Movement Unichem Laboratories Limited's stock is rallying in live trading...

National Plastic Industries Ltd Announces Investor Campaigns and Dematization Window for Shareholders National Plastic Industries Ltd announced several crucial initiatives for its shareholders concerning the transfer and dematerialization of physical securities, alongside launching a dedicated investor education campaign. The company released important information regarding shareholder services aimed at facilitating the smooth transition to electronic shareholding and ensuring timely KYC updates.Investor Education and Protection Campaign The company highlighted the launch of the 100 Days Campaign, 'Saksham Niveshak,' initiated by Investor Education and Protection Fund Authority (IEPFA). This campaign is designed for shareholders whose...

Rush to Buy Before June 12: Eight Mega Caps — Including Tata Steel and Adani Ports — Set Ex-Dividend Payouts The stock market is witnessing a flurry of dividend declarations as several large-cap companies, including Adani Ports, Tata Steel, and Tata Motors, are set to trade ex-dividend on June 12, 2026. Investors aiming for these significant payouts must complete their purchases before the designated cut-off dates under the T+1 settlement cycle. This event highlights a strong commitment from these industrial and financial giants to reward shareholders.Deadline Approaching: Investors Must Act Before Ex-Dividend DatesA critical window is open for retail investors who wish to be eligible for upcoming dividend payments. The common...

S J Logistics Designates Thane Premises as New Corporate Office S J Logistics (India) Limited has designated a leased premise in Thane, Maharashtra, as the corporate office of the company. This decision was made by the Board of Directors during a meeting held on Thursday, June 11, 2026.The move is intended to enhance the day-to-day working operations of S J Logistics and to consolidate the storage of company records and other essential documents in one location.The premises designated as the Corporate Office are situated at Office No. 901 /902 /903, Centrum, Opp. Raila Devi Lake, Wagle Estate Thane (West) - 400604 in Maharashtra, India.This designation of the new office location comes following the shifting of the company's...

S J Logistics Board Approves Shift of Registered Office within Maharashtra S J Logistics (India) Limited announced that its Board of Directors approved the shifting of the company’s registered office. The decision was made during a meeting held on June 11, 2026.The move involves relocating the registered office from one jurisdiction to another within the state of Maharashtra. This action is subject to necessary shareholder and statutory approvals.The details regarding the relocation, including the current and new addresses, are as follows:DetailCurrent AddressNew AddressLocation901/902/903, Centrum, Opposite Raila Devi Lake, Wagle Estate, Thane - 400604 (Jurisdiction of ROC Mumbai-II, Maharashtra)403, 4th Floor, Sabari...

CARE Ratings Reaffirms AAA Status for National Highways Infra Trust Across Bank Facilities and Debt Instruments CARE Ratings Limited has reaffirmed the credit ratings of National Highways Infra Trust (NHIT) following a review of the company's operational and financial performance for Fiscal Year 2026. The ratings confirmed NHIT's strong financial standing across its bank facilities, Non-Fund Based Limits (NFBs), Non-Convertible Debentures (NCDs), and Zero Coupon Bonds (ZCBs).The overall Issuer rating for the Trust was reaffirmed at CARE AAA; Stable.Credit Rating for Bank Facilities CARE Ratings reviewed the performance of NHIT's bank facilities, reaffirming strong ratings across various debt types. The Long Term Bank Facilities were...

Galaxy Bearings Ltd Increases Advance Payment in Proposed Land Acquisition Galaxy Bearings Ltd has increased the advance payment made for the proposed purchase of agricultural land located in Gujarat. The company paid a further ₹25,00,000 to the seller, Mr. Samjibhai Pragajibhai Dhameliya on June 11, 2026.The land in question is situated at Village Shapar, Taluka Kotda Sangani, District Rajkot, Gujarat, and was identified by Old R.S. No. 254 and New R.S. No. 422/3. The total area of the agricultural land amounts to approximately 7,588 sq. meters.The additional payment brings the aggregate advance paid by Galaxy Bearings Ltd in relation to the proposed transaction up from ₹3,51,00,000 to ₹3,76,00,000. The payment was executed through...

Oracle Financial Services Shares Plunge as Investor Skepticism Over AI Spending Undermines Stellar Earnings Report Shares of Oracle Financial Services Software (OFSS) saw a significant decline in the afternoon trade on Thursday, reflecting widespread investor apprehension surrounding the massive infrastructure spending and future fundraising plans announced by its parent company, Oracle Corp. The stock plummeted despite the giant reporting strong fourth-quarter earnings and robust revenue growth.OFSS Stock Dips Amid Parent's AI Investment Fears OFSS shares were trading at Rs 9,262, registering a drop of Rs 208 or 2.20 percent on the NSE by 1:51 pm. The weakness in OFSS is consistent with market sentiment surrounding Oracle Corp., as...

Promoter Group Entities Acquire Equity Shares of MSP Steel & Power Ltd in Open Market Purchases Promoter group entities have made open market purchases of equity shares of MSP Steel & Power Limited, as detailed in recent reports concerning the company's shareholding structure. The acquisitions were conducted across several dates by three different promoter groups: Sampat Marketing Company Pvt Ltd, Shree Vinay Finvest Pvt Ltd, and Ilex Private Limited.The reported transactions outline the purchases made by each entity during June 2026.Key details of the open market purchases are summarized below:Promoter Group EntityShares AcquiredDate(s) of PurchaseSampat Marketing Company Pvt Ltd7,00,000June 4, 2026Shree Vinay Finvest Pvt...