ABFRL stock plunges after Flipkart’s arm exits Aditya Birla Fashion and Retail Flipkart Investments sold its entire 6% stake in Aditya Birla Fashion and Retail (ABFRL) through a block deal worth Rs 583 crore, causing ABFRL’s stock price to plummet by over 10%.
Indian medtech startup SSII celebrates debut on Nasdaq SS Innovations International debuted on Nasdaq under the ticker ‘SSII’ on June 3, 2025. The SSI Mantra surgical robotics platform, developed in India, is now used in six countries.
Mutual Fund nomination rules change: SEBI’s new guidelines SEBI has introduced streamlined mutual fund nomination guidelines effective June 1st, 2025. The new process simplifies nomination registration, requiring complete nominee details, including PAN/Aadhaar/driving license. The nominee limit increases to 10 from 1st September.
No changes in FDI policy for countries sharing land border with India: Sources In 2020, the government issued Press Note 3 under which investors from these land bordering countries have to mandatorily take prior approval of the government for making investments in any sector.
Healthy demand helped Indian services achieve steady growth in May Companies also observed a near-record improvement in international demand for their services during May with faster increases in new export orders recorded in Asia, Europe and North America in particular.
Yes Bank board gives nod to raising Rs 16,000 crore via mix of equity, debt Yes Bank announced a ₹16,000 crore fundraising plan, comprising equity and debt, to fuel its expansion. The board approved raising up to Rs 7,500 crore through equity, with a maximum 10% dilution, and Rs 8,500 crore via debt. This follows SMBC’s acquisition of a significant stake, becoming Yes Bank’s largest shareholder after a deal involving SBI and other lenders.
Why Vodafone Idea shares are in news today? The shares of Vodafone Idea dropped nearly 2 per cent on both BSE and NSE on Wednesday.
Trump promises to hike steel, aluminum tariffs to 50% starting Wednesday US President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50 per cent on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers.
PNB education loan: Interest rate slashed by 20 basis points; know current rates With the rise in the cost of higher education, education loans have become a much-sought after financing option for a number of students. Fortunately for them, the interest rate downcycle in India implies lowering cost of funds for them.
Stock Market Today: Sensex, Nifty rise in early trade The BSE Sensex traded with a gain of 117 points at 80,854.60 in early trade on June 4, 2025, Wednesday. The NSE Nifty went up 41.60 points to 24,584.10.
