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Disney pumps Rs 123 crore into JioStar India in fresh FDI
Walt Disney's Star Group injected Rs 123 crore into JioStar India via FDI, bolstering the Reliance-Disney joint venture. This follows substantial prior investments by Disney, totaling Rs 3,847 crore in the current fiscal year. Despite reporting equity losses from the venture, Disney's continued financial commitment highlights its strategic interest in the Indian media landscape. The information and broadcasting sector saw significant FDI inflows during the quarter.
Vedanta shares fall 6% after Rs 2,149-crore block deal; promoter Twin Star likely seller
Vedanta's stock experienced a significant dip, dropping up to 6% from its intraday peak of Rs 287. This decline followed media speculation that promoter entity Twin Star Holdings likely reduced its stake via a substantial block deal. Around 7.3 crore shares, valued at Rs 2,149 crore, were reportedly traded at Rs 292 each. Further details are anticipated.
Juniper Hotels gains after inking SPA for luxury hotel project in New Delhi
Juniper Hotels added 2.62% to Rs 205.60 after the company signed a share purchase agreement (SPA) to develop a five-star hotel project in Dwarka, New Delhi.
APL Apollo, Star Cement Among Stocks Trading Below Historical Valuations With Up To 36% Upside
An NDTV Profit analysis of Bloomberg data shows six stocks now trade below their five-year average valuations despite buy ratings exceeding 65% and upside potential of as much as 35.9%.
Raj Television Network Ltd leads losers in 'B' group
Amir Chand Jagdish Kumar (Exports) Ltd, Hariom Pipe Industries Ltd, Asian Star Company Ltd and Chemplast Sanmar Ltd are among the other losers in the BSE's 'B' group today, 06 April 2026.