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Liotech Industries IPO Day 1: Issue subscribed 8% so far. Check GMP, key details.
Liotech Industries IPO runs from June 17 to June 19, priced at ₹321 per share. Investors can apply for a minimum of 800 shares. The issue is 50% for retail and 50% for non-institutional investors, with an estimated listing price of ₹372 due to grey market premium.
Foodstories raises ₹50 crore from Nikhil Kamath as premium food retail bets gain traction
Foodstories raises ₹50 crore from Nikhil Kamath and Narotam Sekhsaria Family Office to expand premium food retail and digital business across Indian cities
India restricts sale of high speed diesel and motor spirit from retail outlets
India has placed restrictions on institutional and commercial buyers of fuel. These customers must now source motor spirit and high-speed diesel from their own consumer pumps. The measure is in effect for an initial period of up to 90 days. Retail outlets are also limited to selling a maximum of 200 litres of high-speed diesel per customer or vehicle daily.
Wipro buyback is live! Experts reveal the catch behind the 37% premium - Everything shareholders need to know
Wipro's ₹15,000 crore share buyback, priced at ₹250 per share, offers 37% premium over market value. The buyback, open until June 17, allows eligible shareholders to tender shares, with specific entitlement ratios for retail and general investors.
Wipro's Rs 15,000 crore buyback opens today: Analysts expect 7-8% returns for retail investors. Here's how
Wipro's significant Rs 15,000 crore share buyback has commenced. Eligible shareholders can tender shares at Rs 250, a substantial premium to the current market price. This corporate action provides an opportunity for investors to realize profits. The buyback period runs from June 10 to June 17. Shareholders should ensure their accounts are active for smooth transactions.
Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?
Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38% premium to the stock's previous closing price of Rs 181.67. The buyback, open from June 10 to June 17.
Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADA
Electric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the electric car market. Electric two-wheeler sales also climbed by 62.76 percent. TVS Motor Company topped the electric scooter segment. Overall electric vehicle adoption continues to grow across segments.
NLC India shares in focus as government's Offer For Sale opens for non-retail investors
Among the public shareholders, mutual funds of India had a 9.49% stake in NLC India, led mainly by Nippon Life India AMC (5.65%) and Kotak Mahindra MF (2.6%). The stock is up over 30% so far in 2026.
India's EV penetration crosses 11% for first time as auto retail sales hit record in May
India's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dealers reported more inquiries for fuel-efficient and green vehicles following fuel price hikes. Passenger vehicles and two-wheelers saw their best-ever May sales. The outlook for June remains cautiously optimistic, supported by monsoon progress and rural demand.
Auto stocks decline as FADA reports month-on-month drop in May vehicle retail sales
Auto stocks declined on Monday after the Federation of Automobile Dealers Associations (FADA) reported a month-on-month decline in vehicle retail sales for May 2026.
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead
Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry remains cautiously optimistic for the coming months.