Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets regulator Sebi for a Rs 6,650 crore initial public offering (IPO) comprising entirely a fresh issue of shares with no offer-for-sale (OFS) by existing shareholders. Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets…
Gold prices fell more than 1% on Tuesday and were headed for their steepest monthly decline since October 2008, as easing concerns over the Middle East conflict gave way to expectations of higher US interest rates to curb inflation. Gold prices fell more than 1% on Tuesday and were headed for their steepest monthly decline…
The proposed US-India trade agreement is in the “final steps” of negotiations, with only the last one per cent of issues remaining to be resolved, US Ambassador to India Sergio Gor said on Tuesday, expressing confidence that the pact would be concluded soon after nearly 18 months of talks. The proposed US-India trade agreement is…
Top stocks to buy (AI image) Stock market recommendations: JSW Energy, Biocon, BHEL, and City Union Bank – these are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan for June 30, 2026:JSW Energy: Buy in the range of Rs 585–586; Stop Loss: Rs 558; Target; Rs…
AI generated image, used only for representative purpose Oil prices continued to ease on Tuesday as markets tracked the outcome of potential US-Iran engagement in Doha, even as weekend missile exchanges signalled instability. This comes after the two sides reached an interim peace deal aimed at ending the four-month conflict.Around 7 am IST, WTI crude…
In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June 30, the board has proposed a four-year term. The appointment ends uncertainty over the next chairman, following the sudden…
Manufacturing powers industrial output growth of 5.1% NEW DELHI: Industrial production grew 5.1% in May 2026, as against 3.4% a year ago, on account of strong expansion recorded in electricity and manufacturing sectors during the month, pointing to a resilient domestic demand in the face of the West Asia conflict. Sequentially too, industrial production fared…
Pramit Jhaveri makes comeback, to join Tata-run NCPA board MUMBAI: Pramit Jhaveri is set to be back in the Tata Trusts ecosystem—but through a different door. He will be joining the board of the National Centre for the Performing Arts (NCPA) as an independent member, marking his return to one of Trusts’ most prestigious institutions….
Persistent CEO backs protocols amid Nagarro stock rally scrutiny BENGALURU: Responding to concerns over unusual trading activity in Munich-based IT firm Nagarro’s shares ahead of the deal announcement, Persistent Systems CEO Sandeep Kalra said the company followed “a very strict protocol” and tightly controlled access to the transaction. His comments came after Nagarro chief executive…
NEW DELHI: The Union cabinet has cleared fresh investment commitment of Rs 30,000 crore towards new funds being set up by National Investment and Infrastructure Fund (NIIF) as it seeks to leverage the additional resources to raise money from other investors. NIIF intends to set up a second infrastructure focused fund and will also support…
