Markets

LTM Launches AI 1000 Initiative to Build Next Generation of Forward Deployed Engineers LTM, the Business Creativity partner to major enterprises, has announced the launch of AI 1000, a strategic workforce transformation initiative aimed at developing a pool of over 1,000 AI-certified engineers. This program is anchored by a dedicated Center of Excellence (CoE) designed to assist businesses in adopting, deploying, and scaling artificial intelligence solutions.The initiative addresses the significant shift occurring in enterprise technology talent. The Forward Deployed Engineer (FDE) role, recognized as one of the fastest growing positions within the AI ecosystem, requires combining technical expertise in Large Language Models (LLMs)...

ARBBusinessTrust Acquires 3.11% Stake in Clean Science and Technology Ltd Shares Through Inter-Set Transfer Clean Science and Technology Limited has seen an off-market inter-set transfer of equity shares involving its promoter group members, according to disclosures detailing the transaction completed on June 10, 2026.The acquisition was made by ARBBusinessTrust from AshokRamnarayan Boob. The transaction involved 33,00,000 equity shares of Clean Science and Technology Limited. As this off-market inter-set transfer was executed as a gift, no consideration was involved in the acquisition.ARBBusinessTrust acquired these shares, which represent 3.11% of the total share capital of the target company. This transaction is part of efforts...

Cummins India Update on Labour Dispute: High Court Grants Interim Stay on Retirement Age Orders Cummins India Limited has provided an update regarding the ongoing labour dispute with the Kirloskar Cummins Employees' Union concerning the retirement age of certain categories of workmen. The matter, which had progressed through several stages of adjudication before the Industrial Court in Pune, is currently under review by the Bombay High Court.The core of the dispute related to the certified standing orders and the appropriate retirement age for various workforce segments. Following initial proceedings involving the Assistant Labour Commissioner and the Industrial Court, a proposed modification was upheld by the relevant authorities...

A Flex Invest Acquires Shares in Aeroflex Enterprises Ltd., Boosting Stake in Promoter Group A Flex Invest Private Limited has increased its stake in Aeroflex Enterprises Limited. The company acquired 1,50,000 Equity Shares of the listed entity through open market transactions conducted between June 10, 2026, and June 11, 2026. This acquisition brings A Flex Invest Private Limited to a total holding of 80,57,500 Equity Shares, representing 7.13% of the issued and paid-up equity share capital of Aeroflex Enterprises Limited.A Flex Invest Private Limited, which belongs to the Promoter Group, executed the open market purchase in two tranches on consecutive dates. The total acquisition increased the company's holding from a prior stake of...

Clean Science and Technology Completes Inter-Set Transfer of Shares, Acquiring 1 Crore Units Clean Science and Technology Limited has completed a significant inter set transfer of equity shares involving its promoter group members. The transaction involved AABBusinessTrust acquiring 1,01,00,000 equity shares from AshaAshokBoob, with the deal structured as a gift resulting in nil consideration being exchanged for the stock.The acquisition was executed on June 10, 2026. According to the details of the transaction, the rationale provided for the transfer is to streamline the family's assets and businesses within the group structure.AABBusinessTrust, identified as a Promoter Group Member/Acquirer, acquired the shares from AshaAshokBoob...

ARBBusinessTrust Acquires 3.11% Stake in Clean Science and Technology Ltd through Inter-set Gift Transfer Clean Science and Technology Ltd has reported an increase in its promoter group holding following a share acquisition by ARBBusinessTrust. The transfer, which occurred on June 10, 2026, was executed as an offmarket inter-set transfer by way of gift among the promoter group members.The transaction resulted in ARBBusinessTrust increasing its stake in the company. Prior to the acquisition, the acquirer's holding stood at 0.00% of the paidup share capital. After the transfer, ARBBusinessTrust's ownership increased to 3.11%.Transaction Details and Holdings ARBBusinessTrust, identified as a promoter group member, acquired 33,00,000...

AAB Business Trust Acquires 9.50% Stake in Clean Science and Technology Ltd via Inter-set Transfer AAB Business Trust, a member of the promoter group of Clean Science and Technology Limited, has completed an acquisition that significantly boosted its holding in the company. The transaction involved the receipt of equity shares through an inter-set transfer among promoter group members.The acquisition was finalized on June 10, 2026. AAB Business Trust acquired 1,01,00,000 equity shares of Clean Science and Technology Limited. This purchase brought AAB Business Trust's total shareholding to 9.50%, an increase from its previously reported holding of 0.00% as of March 31, 2026.The acquisition was executed via an off-market inter-set...

Shyam Metalics and Energy Ltd Schedules Meeting for Institutional Investors and Analysts Shyam Metalics and Energy Limited has scheduled a meeting with Institutional Investors and Analysts to discuss the company based on publicly available information. The event is slated to take place in Mumbai.The planned interaction details are summarized below:Day, Date & TimeInteraction TypeEvent LocationWednesday, 17th June 2026 at 3:00 P.M.Physical Meet with Institutional Investors / AnalystsGrand Hyatt (Mumbai)The discussions during the interaction are intended to be based solely on publicly available information. The company stated that no unpublished price sensitive information (UPSI) is planned for discussion during the scheduled...

Hitachi Energy to Invest INR 2000 Crore in New Large Power Transformer Factory in Vadodara Hitachi Energy India Limited is investing approximately INR 2000 crore to establish a state-of-the-art Large Power Transformer (LPT) factory in Karjan, Vadodara. This significant investment reinforces the company's commitment to strengthening its manufacturing footprint in India and supporting the country's growing energy transition goals.The establishment of the new facility is aimed at meeting the rising demand for high-quality power equipment driven by grid expansion, data centers, and industrial electrification across the nation. The project builds upon Hitachi Energy’s 77-year history in India and aligns with national initiatives promoting...

Crompton Greaves Ordered to Pay Compensation and Litigation Expenses in Consumer Dispute Crompton Greaves Consumer Electricals Limited has been subject to an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The decision involves a consumer complaint regarding a product purchased by the complainant.The dispute arose after a consumer filed a complaint alleging that one of Crompton's jet pumps was not functioning properly. Following this action, Crompton Greaves has been directed to make payments totaling ₹15,000.00.Details of the order and the associated costs are as follows:Financial BreakdownAmount (₹)PurposeCompensation Payment10,000/-Consumer CompensationLitigation...

Marvel Decor Secures INR 3.91 Crore Order for Ultra Exclusive Tower in Dubai Marvel Decor Limited has secured a significant purchase order valued at INR 3.91 Crore. The contract involves the supply and installation of curtain tracks and motors for a high-end, ultra exclusive 32 story tower located in Jumeirah Bay Island, Dubai, UAE.The project is described as one of the city's most prestigious ultra-luxury residential developments. This landmark project comprises 32 floors and features an exclusive collection of half floor penthouses, full floor penthouses, and three-level sky villas, making it a highly sought after property in the global branded luxury residences segment.This contract win is noted to strengthen Marvel Decor’s...

Bosch Stock Surges 5% on UBS Double Upgrade: Target Raised to Rs 45,530 Amid Growth Bets Global Brokerage Upscaling Bosch Valuation After Portfolio Restructuring Shares of Bosch Ltd saw a significant surge on Friday, climbing up as much as 5%. This rally followed the major rating upgrade from global brokerage UBS, which moved its assessment of the stock from 'Sell' to 'Buy'. UBS sharply raised its target price, attributing the improved outlook primarily to recent portfolio changes and strategic acquisitions.The stock traded strongly, reaching an intraday high of Rs 39,456 before taking some profit booking. In late morning trade, Bosch was already trading robustly 3.4% higher at Rs 38,845.UBS Target Hike Signals Stronger Investment...

GSP Crop Science Completes Acquisition of Remaining Stake in Subsidiary GIPL GSP Crop Science Ltd has completed the acquisition of the remaining equity stake in GSP Intermediates Private Limited (GIPL), making the company a wholly-owned subsidiary.The completion of the acquisition occurred on June 11, 2026. The Company acquired the balance 21% of equity stake in GIPL from an existing shareholder. This stake comprised 3,150,000 equity shares, each having a face value of Rs. 10/-.Following this transaction, GSP Crop Science Ltd’s shareholding in GIPL increased to 100%, ensuring that the subsidiary is now fully owned by the Company.GSPCROP Stock Price Movement Shares of GSP Crop Science are edging higher to ₹443.5 as of 10:46 AM...

Portfolio Management Clients Increase Holding of Shares in Unichem Laboratories Ltd Portfolio Management Clients of Equity Intelligence India Pvt Ltd and EQIndia Fund have increased their holding of shares in Unichem Laboratories Ltd. through an open market purchase, with the acquisition bringing their stake up significantly.The transaction details indicate that the portfolio management group acquired 3,00,000 shares of the company from the open market. This move marks a notable increase in their investment position.Prior to this open market acquisition, the holding of the acquiring entity stood at 6,94,375 shares, representing 0.99% (based on total share/voting capital). Following the purchase, the current holding increased to...

Promoter Sells Shares in GNG Electronics Limited on Open Market Vidhi S Khandelwal, holding a position as a promoter, has sold shares of GNG Electronics Limited through the open market. The transaction was completed on June 11, 2026.The sale represents a portion of the promoter's holding in the company. Prior to the disposal, Vidhi S Khandelwal held 17,935,870 shares carrying voting rights, representing 15.73 percent of the total share capital.During the open market transaction, 4,487,203 shares were sold, translating to a 3.94 percent reduction in holding.Following the sale, the promoter's stake has been adjusted. The holdings now stand at 13,448,667 shares carrying voting rights, which equates to 11.80 percent of the company’s...

Nippon India Mutual Fund Acquires Shares in BlueStone Jewellery and Lifestyle Ltd through Open Market Purchase Nippon India Mutual Fund, acting through Nippon Life India Trustee Limited A/c, has acquired shares of BlueStone Jewellery and Lifestyle Ltd. The acquisition was carried out via the open market during a period spanning August 12, 2025, to June 09, 2026.The purchase transactions were completed against BlueStone Jewellery and Lifestyle Ltd., which is listed on both the National Stock Exchange of India Ltd and BSE Limited. The acquirer has been identified as neither belonging to a Promoter nor a Promoter group.Acquisition Details Summary Details regarding the holdings of Nippon India Mutual Fund prior to and following the...

Promoter Acquires Shares in Sudarshan Chemical Industries Through Warrant Conversion Rajesh Balkrishna Rathi, identified as a promoter, has increased his stake in Sudarshan Chemical Industries Limited following the preferential allotment of equity shares resulting from warrant conversion. The acquisition took place on June 10, 2026.Details of the holding before the transaction show that Rajesh Balkrishna Rathi held 40,50,359 shares carrying voting rights in Sudarshan Chemical Industries Limited, representing 5.15% of total share/voting capital and 6.30% of the diluted capital. The promoter also held 9,80,000 warrants/convertible securities that entitle him to receive shares carrying voting rights in the company.The transaction...

Bhikhiben Balvantsinh Rajput Acquires Shares of Gokul Refoils and Solvent Ltd in Open Market Transaction Bhikhiben Balvantsinh Rajput, along with associated Persons Acting in Concert (PAC), has increased its stake in Gokul Refoils & Solvent Limited. The acquisition occurred on June 10, 2026, as part of an open market transaction.The acquiring entity, Bhikhiben Balvantsinh Rajput, who belongs to the Promoter group, utilized this Open Market acquisition to increase their holding in Gokul Refoils & Solvent Limited (Target Company).Prior to the acquisition, Bhikhiben Balvantsinh Rajput held 2,27,21,400 shares of the Target Company, representing a 22.9521% stake. The transaction involved the acquisition of an additional 4,000 shares...

Nippon India Mutual Fund Increases Stake in Aditya Birla Lifestyle Brands Ltd through Open Market Purchases Nippon India Mutual Fund has increased its stake in Aditya Birla Lifestyle Brands Limited (ABBL) following a period of open market purchases. The fund now holds 5.3338% of the company's total diluted share capital, up from its previous holding.The acquisition was carried out by Nippon India Mutual Fund through NipponLife India Trustee Limited A/c and spanned the period from May 23, 2025, to June 9, 2026. The fund acquired a total of 7,704,447 shares in ABBL via open market transactions.Aditya Birla Lifestyle Brands is listed on both The National Stock Exchange of India Ltd and BSE Limited.The transaction details regarding...

India Commits to Weaker Fiscal Deficit as Iran Crisis Squeezes Energy Subsidies Budget Target Threatened by Global Instability and Oil Prices India is reportedly preparing for a wider budget deficit than initially projected this fiscal year. This revised outlook comes amid heightened global instability, particularly driven by the ongoing conflict in Iran. As the war strains global markets, fuel subsidy costs are mounting pressure on government finances.The country, which stands as the world's third-largest oil importer and consumer, is prepared to allow the budget gap to widen. The planned deficit could reach 4.8% of GDP. This figure contrasts sharply with the initial target of 4.3% set for the fiscal year that began on April 1...