SAGILITY B V STAKE SALE
Best Refrigerators Under ₹30,000 in India (2025) – Top Picks from Trusted Brands
Finding a high-quality refrigerator without overspending is easier than ever in 2025. Here are handpicked refrigerators under ₹30,000 available in India from top-selling brands like LG, Samsung, Whirlpool and Haier. These models strike the perfect balance between performance, durability, energy efficiency and smart features — all while staying within budget.
RCB owner Diageo dismisses stake sale reports, calls them 'speculative'
Diageo Plc, owner of Royal Challengers Bengaluru (RCB) through United Spirits, addressed media reports about a potential stake sale in the IPL franchise. The British distiller is reportedly considering a sale, seeking a valuation of nearly $2 billion, influenced by Indian health ministry efforts to curb alcohol brand promotion in the IPL. RCB, recently celebrated its first IPL championship victory.
Attention B2C GST filers who are facing problem with GSTR-1: GSTN issues new advisory, here’s what experts say
GSTN's mandatory B2B sales information and HSN code in GSTR-1, table 12, is creating issues for taxpayers with only B2C sales. The system isn't allowing filing due to a blank B2B HSN code column. A workaround suggests entering '0' in the B2B HSN column, enabling successful GSTR-1 filing until GSTN provides a solution.
'Bharat Mata' row continues in Kerala with Governor's tribute to portrait, CPI poster withdrawal
The 'Bharat Mata' controversy persists in Kerala. Governor Rajendra Vishwanath Arlekar paid tribute to the portrait during Goa Day celebrations. CPI withdrew a poster featuring a different version of the image. This followed objections to the Raj Bhavan's use of the portrait. CPI leaders boycotted events and launched flag-hoisting campaigns. Arlekar criticized the Left party's change in stance.
TVS launches 2025 Apache RTR 200 4V with OBD2B upgrade, refreshed design; check price details, key features
2025 Apache RTR 200 Price and Specifications: TVS Motor Company has launched the 2025 TVS Apache RTR 200 4V motorcycle range, compliant with OBD2B emission standards. Celebrating 20 years of the Apache series and six million riders globally, the updated model features advanced technology, enhanced performance, and improved safety. It includes upside-down front suspension, a hydro-formed handlebar, and refreshed aesthetics, with prices starting at Rs 1,53,990.
United Spirits shares gain 3% on reports of potential RCB stake sale by parent Diageo
United Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchise, which it holds via United Spirits. The British liquor major is said to be in talks with advisers to assess the possibility of selling either a partial or complete stake in RCB.
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RCB to be sold? Diageo weighs options for stake sale in IPL 2025 winner
RCB: Diageo Plc is exploring options for its IPL team Royal Challengers Bengaluru, including a potential sale valued at up to $2 billion. Discussions are underway amid regulatory pressure in India on alcohol brand promotions in sport. A sale could reshape IPL franchise valuations as Diageo reconsiders global priorities amid slowing liquor sales.
I-Sec maintains Add on Sobha, raises target price to Rs 1,519
ICICI Securities maintains an Add call on Sobha, revising the target price to Rs 1,519. Despite a YoY decline in FY25 sales bookings, the brokerage anticipates significant growth, projecting Rs 96 billion in FY26E and Rs 109 billion in FY27E. This optimism stems from substantial unreleased inventory and upcoming project launches, driving an upward revision of sales booking estimates.
HDFC Securities maintains Add on Supreme Industries; target price unchanged at Rs 4,110
HDFC Securities suggests adding Supreme Industries to portfolios. They set a target price of Rs 4,110. The brokerage anticipates plumbing demand recovery in FY26. They project volume, revenue, EBITDA, and APAT growth for FY25-27E. Supreme Industries is favored for its plumbing volume growth and strong financials. The company's promoter holding is 48.85 percent. FIIs own 22.
Wipro block deal: Azim Premji Trust sells over 20 crore shares worth Rs 5,057 crore
Wipro share sale: Azim Premji Trust sold 20.23 crore Wipro shares for ₹5,057 crore via block deals on Monday. Hasham Traders and Prazim Traders acquired the stake, while Wipro stock closed higher post the deal amid strong Q4 earnings and stable outlook.
Air Conditioners below ₹40,000 in 2025 – Top 10 Affordable Picks
Finding the right air conditioner on a budget doesn’t mean compromising on quality. Here are handpicked top 10 ACs under ₹40,000 in India that deliver powerful cooling, energy savings and essential smart features. Whether you're outfitting a small bedroom or a medium-sized living space, these affordable ACs from top brands strike the perfect balance between price, performance, and durability—making them ideal for cost-conscious buyers this summer.
EasyMyTrip launches 'EMT Invest' to back profitable businesses to scale
EaseMyTrip unveiled EMT Invest, a new initiative designed to forge alliances with thriving, founder-led enterprises. Targeting businesses that have achieved a pre-tax profit of Rs 5 crore and exhibit robust unit economics, EaseMyTrip seeks a minority stake, empowering founders to retain their leadership.
Garena Free Fire Max redeem codes today June 7: Get 10+ active limited-time win skins, weapons, diamonds free rewards here
Garena Free Fire Max redeem codes: Garena Free Fire Max has released new redeem codes for today, June 7. Players can unlock free items like emotes and weapons. These 12-character codes are valid for a limited time. Registered users can redeem them via social media login. Rewards include skins and outfits. This action keeps players engaged.
SBI MF, Goldman Sachs, others buy 1.8% stake in Bajaj Finserv for Rs 5,506 crore
Major deals occurred in the stock market. Big investors like SBI MF and Morgan Stanley bought a stake in Bajaj Finserv from its promoters. The deal was worth Rupees 5,506 crore. Similarly, Wabco Asia sold part of its stake in ZF Commercial Vehicle for Rupees 792 crore.
Delhi: Fire breaks out at Revenue Building in ITO, no casualties
A fire incident occurred at the Revenue Building in ITO, New Delhi. The fire started in room number 238 on the second floor. Delhi Fire Services responded quickly to the emergency. Seven fire tenders were dispatched to the location. The firefighters successfully controlled the flames. Fortunately, there were no reported casualties in the incident. The situation is now under control.
Best 5-Star ACs in India (June 2025)– Energy Efficient Air Conditioners for every home
Looking to buy a new air conditioner this summer? This article lists the best 5 star ACs in India for 2025, focusing on top-rated energy-efficient models. If you want a split AC, inverter technology, or smart features, here are the best options for all budgets and room sizes. Save electricity while staying cool—explore trusted brands like LG, Daikin, Blue Star, Voltas, Samsung, and Panasonic.
Buy UltraTech Cement, target price Rs 13,500: JM Financial
JM Financial recommends a 'buy' for UltraTech Cement, setting a target price of Rs 13500.0. In the quarter ending March 2025, UltraTech Cement reported a consolidated total income of Rs 23165.45 crore, a 12.70% increase from the previous year, and a net profit after tax of Rs 2485.56 crore. Promoters hold a significant 59.23% stake in the company.
Promoters likely sell Rs 5,500 cr stake in Bajaj Finserv block deal
Promoters of Bajaj Finserv reportedly sold equity worth ₹5,506 crore in a block deal, with around 2.86 crore shares changing hands at ₹1,925 apiece. Despite the large transaction by Bajaj Holdings & Investment and Jamnalal Sons Pvt, the stock remained steady. The sale occurred despite Bajaj Finserv reporting a 14% year-on-year rise in net profit for Q4FY25.
ICICI Securities maintains Add on Apollo Hospitals, raises target price to Rs 7,500
ICICI Securities maintains an Add call on Apollo Hospitals Enterprise, raising the target price to Rs 7,500. This revision reflects anticipated faster growth and improved margins in the pharmacy sector. The brokerage has increased revenue, EBITDA, and PAT estimates for FY26 and FY27, valuing the hospital business at 25x FY27E EV/EBITDA.
Flipkart exits Blackbuck, Aditya Birla Fashion in block deals worth over Rs 1,250 crore
This comes at a time when the broader market is rebounding, following a steep fall at the start of the year. The recent recovery is witnessing a spate of secondary deals involving promoters, PE firms, and strategic investors trimming positions.
Union minister Nitin Gadkari holds meeting with Delhi LG, CM over road-infra projects
Union Minister Nitin Gadkari, along with Delhi Lieutenant Governor V K Saxena and Chief Minister Rekha Gupta, convened to assess the progress of NHAI projects in Delhi, which are valued at ₹35,000 crore. Gupta highlighted the benefits of the BJP's "double-engine" government for Delhi's infrastructure development. NHAI has also approved RoB and RuB projects worth ₹150 crore for Delhi.
I-Sec upgrades Bosch to Hold, raises target price to Rs 30,000
ICICI Securities has upgraded Bosch to Hold, revising the target price to Rs 30000. The upgrade is supported by Bosch India's Q4FY25 performance, with revenue growth driven by the mobility segment and stable EBITDA margins. Technological and regulatory changes are expected to increase the company's content per vehicle in the medium to long term.
Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal
Ericsson Vodafone Idea stake sale: Ericsson India offloaded its 0.6% stake in Vodafone Idea, selling 63.37 crore shares at Rs 6.76 apiece via a bulk deal, raising Rs 428.43 crore. Buyer details remain undisclosed.
Zinka Logistics shares in focus as Quickroutes plans Rs 647 crore stake sale
Zinka Logistics shares will be in focus as Quickroutes International plans to sell a 9% stake via block deal, aiming to raise Rs 647 crore. The company reported a strong Q4 with Rs 280.17 crore net profit and 47.5% YoY revenue growth. Analysts have a ‘Buy’ rating with a target of Rs 571, implying a 31% upside.
I-Sec maintains Reduce call on Glenmark Pharma, raises target price to Rs 1,300
ICICI Securities maintains a Reduce call on Glenmark Pharmaceuticals, revising the target price to Rs 1,300. The brokerage anticipates revenue, EBITDA, and PAT to grow at a CAGR of 10.3%, 15.0%, and 20.8% respectively, between FY25-27E. Slower growth in India prompts a slight reduction in revenue and EBITDA estimates for FY26/27E.
Stock market update: Nifty Pharma index falls 0.18% in a weak market
The Nifty Pharma index was trading 0.18 per cent down at 21486.05.
Sagility shares hit 5% lower circuit as promoter launches Rs 2,671 crore stake sale via OFS
Sagility India promoter entity Sagility B.V., backed by private equity firm EQT, has launched a Rs 2,671 crore offer-for-sale (OFS). The sale includes up to 15.02% of the company’s equity, with a floor price of Rs 38 per share — an 11.4% discount to the last closing price. The OFS opens for non-retail investors on May 27 and for retail investors on May 28. This marks the second major stake sale by the promoter after the Rs 2,106 crore IPO in November 2023.
Aurobindo Pharma shares jump 2% even as Q4 profit dips marginally to Rs 903 cr
Aurobindo Pharma shares: Aurobindo Pharma reported a marginal 0.4% YoY dip in Q4FY25 PAT to Rs 903 crore, even as revenue rose 10.6% to Rs 8,382 crore. For FY25, PAT rose 10% to Rs 3,484 crore. The company highlighted strong volume-led growth, record sales, and robust performance in its European operations.
IndusInd Bank shares in focus amid NFRA complaint over audit discrepancies
NFRA has received a complaint highlighting audit lapses tied to the bank’s forex derivatives. The irregularities, flagged internally, may have a financial impact of Rs 2,100 crore pre-tax. Regulatory bodies, including the RBI, SEBI, and ICAI, are scrutinising the matter. Meanwhile, key resignations have followed amid accounting gaps in the microlending business.
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