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Govt scraps auction of 9 critical mineral blocks citing poor investor response
Government cancels auction of nine crucial mineral blocks due to poor investor interest and a lack of qualified bidders. This setback hinders efforts to boost domestic production of minerals vital for energy security and clean-tech manufacturing. The cancellations, a recurring issue in previous rounds, highlight challenges in attracting private investment to riskier mining ventures with high costs and regulatory hurdles.
'Not A Single Penny Lost': US Dept Of Justice Backs Dismissal Of Criminal Charges Against Adani Group
DOJ argued that the alleged victims were not retail investors but some of the world's largest financial institutions
Dividend Stocks This Week: Nestle India, Hindalco, Titan, Axis Bank, Among Others — Check Record Dates
Dividend Stocks This Week: Several blue-chip majors will trade ex-dividend this week
Adani Group to set up 2,000-bed hospital in New Town: Bengal CM
West Bengal Chief Minister Suvendu Adhikari announced that the Adani Group will establish a 2,000-bed hospital in New Town. A significant portion, 1,000 beds, will be dedicated to providing free treatment for the underprivileged. The remaining beds will be utilized for commercial operations. This initiative was revealed during an interaction with civil society members, highlighting the government's recent efforts.
US DoJ Says Adani Case Should Never Have Been Brought, Urges Judge To Drop Charges Permanently
The DOJ said requiring prosecutors to publicly justify decisions to drop cases would discourage future dismissals, expose privileged internal deliberations and infringe on the executive branch's constitutional authority over charging decisions.
TMT Rebar Prices Hit Six-Month Low As Monsoon Impacts Demand: Report
TMT rebars are the primary steel reinforcement bars used in residential, commercial, and infrastructure construction.
Laser Power & Infra's ₹742 crore IPO to open for subscription on July 9
Kolkata-based Laser Power & Infra Ltd (LPIL), an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742 crore initial public offering (IPO) on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale (OFS) of shares aggregating up to Rs 200 crore by promoter selling shareholders, according to filings. Net proceeds from the fresh issue will be utilised towards repayment or prepayment of borrowings amounting to Rs 490 crore and for general corporate purposes. LPIL operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT. The company reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. The firm, which also has an EPC division, is a licensed stranding .
PM Modi inaugurates CG Semi chip plant in Sanand, Gujarat
Prime Minister Narendra Modi inaugurated India's third semiconductor manufacturing plant in Sanand, Gujarat, a significant stride in building a domestic chip ecosystem. This facility aims to bolster manufacturing, strengthen electronics supply chains, and reduce import reliance. Union Minister Ashwini Vaishnaw highlighted the rapid development of the sector, underscoring its national priority. Meanwhile, the Mumbai-Ahmedabad High-Speed Rail corridor is nearing completion, with an operational stretch anticipated in 2027.
Retail investors bet on these 10 small-cap stocks; they rally up to 185% in 3 months
Retail investors raised stakes in 195 Nifty Smallcap 500 stocks during the March 2026 quarter, with over 100 delivering 25-185% returns since April. Four stocks turned multibaggers, while Cemindia Projects, Apollo Micro Systems and Lloyds Engineering led the rally.
Vedanta among top 5 stocks with lowest price-to-earnings ratio. Check details
Repco Home Finance, LIC Housing Finance, Power Finance Corporation, Vedanta and The Great Eastern Shipping feature among the cheapest stocks by price-to-earnings ratio. Most are widely held by mutual funds and carry strong Value Research ratings.
Adani Enterprises QIP gets nearly 4x bids, successfully raises Rs 15,000 crore
Adani Enterprises successfully raised ₹15,000 crore through a qualified institutional placement, attracting significant interest from both foreign investors like Capital Group and Goldman Sachs, and domestic mutual funds. The issue was oversubscribed nearly four times, with the funds earmarked for capital expenditure, debt repayment, and strategic growth initiatives. This successful fundraising underscores strong investor confidence in the company's expansion plans.
US' Holtec eyes tie-ups with NTPC, Vedanta to build nuclear reactors
US firm Holtec International is planning a significant 15 GW small modular reactor (SMR) project pipeline in India. Advanced talks are underway with NTPC for a fleet-development platform, and discussions with Vedanta Group are exploring SMR-300 deployment for industrial use. This move follows India's SHANTI Act, 2025, which opened doors for private sector participation in nuclear power.