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Bank Nifty Traders Build Massive Positions At 56,000 Strike As F&O Activity Jumps 90%
Data on open interest since the last expiry showed total Bank Nifty options open interest rose 90.04% to 1.32 million contracts.
Ecommerce isn't adding much to Retail Inc's cart
An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, Pantaloons and Bata-showed that the contribution of e-commerce to overall revenue has seen minuscule improvement since 2021-22 even as online sales continue to increase in absolute terms. By contrast, the Covid-19 pandemic spurred explosive growth, with the share of digital sales in total revenue surging three to four times in 2020-21 and 2021-22.
Manipal Health leases Bengaluru hospital asset on nearly 30-year pact
Manipal Health Enterprises has secured a large hospital building in Bengaluru on a long-term lease. The deal spans almost 30 years, with a total rental commitment of around Rs 500 crore. This expansion follows recent acquisitions and property deals. The company is growing its network to meet rising healthcare demand.
Oracle Corp falls most in six months on mounting data center costs
Capital expenditures, largely a measure of data center spending, were about $16.5 billion in the period ended May 31, bringing the annual total to $55.7 billion — higher than Oracle’s projection for $50 billion in spending.
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spree
Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. State Bank of India led the hiring surge, accounting for nearly 67% of the new positions. This expansion occurs despite digitalization, indicating a continued reliance on human resources for growth and customer service.
GHIAL remits Rs 12.28 crore interim dividend to Telangana Government
GMR Hyderabad International Airport Limited (GHIAL) has sent an interim dividend of approximately Rs 12.28 crore to the Telangana Government. This is part of a total dividend payout exceeding Rs 49.14 crore for the financial year 2025-26. Additionally, a new Cargo Terminal 2 has been commissioned at Hyderabad International Airport.
Government approves 22 new applicants under Round-3 of Production Linked Incentive Scheme for Textiles
The Government has approved 22 new applicants under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore.
No individual data, Sebi to tweak AMC exec pay disclosure norms
In a bold initiative, the Securities and Exchange Board of India (Sebi) is looking to overhaul the reporting standards for executive compensation within asset management companies (AMCs). Rather than peering into the earnings of individual executives, the new proposal would shift focus to total remuneration for specific roles.
Lenskart Block Deal: ADIA Arm Plans To Sell Nearly Rs 2,000-Crore Stake
At the designated floor price, the total secondary transaction value is estimated at approximately Rs 1,944 crore.
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Spacetech firms dominate first disbursals under ₹1-tn innovation fund
Spacetech companies, including Dhruva Space and Astrome, secured ₹833.89 crore in assistance, the highest among all sectors, according to a document reviewed by Mint. The government approved 22 startups for a total assistance of ₹2,192.32 crore.
Microfinance market reports a small rise in early stage delinquency
Microfinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overall portfolio at risk for 1-180 days saw a slight decrease. The total microfinance loan amount remained stable. The number of active loans also saw a marginal decline.