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BSNL's corner office goes open market as Centre seeks new CMD
The government is actively seeking a new Chairman and Managing Director for BSNL, opening the door to private sector professionals for the first time. Applicants must meet specific age and financial criteria, with a deadline of July 22. This strategic move aims to bring fresh leadership to the state-owned telecom giant, following an extension for the current interim chief.
Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement that the board will meet on June 29 to consider a share buyback proposal. The company, which offers security, facility management, and cash logistics, reported strong financial growth in FY26, with revenue up over 21% and operating profit by 24%
Oil, AI and chips: The new resource race redrawing markets and nations
The leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of global economic prowess, akin to oil in previous centuries. With nations such as Taiwan and South Korea emerging through powerhouses like TSMC and Samsung, the future prosperity relies heavily on mastering the semiconductor supply chain as AI technology evolves, reshaping national strength and financial stability.
DoT retains backhaul spectrum pricing, rejects Trai's cut proposal
Telecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal for reduced, uniform charges. Despite Trai's argument for lower fees to boost network economics and service quality, the DoT has reinstated the existing, progressively higher fee structure. This decision will maintain a significant financial burden on companies expanding 4G and 5G networks amidst surging data demand.
West Bengal eyes Calcutta Stock Exchange revival to reclaim financial hub status
Kolkata's historic stock exchange is set for a revival, with the state's finance minister vowing to restore the city's financial capital status. This move promises easier capital access for Eastern India, reduced trading costs, and job creation. The government also plans to list profitable state-owned companies to generate funds and unlock value, aiming to boost the region's economic standing.
Hybrid Financial Services Ltd leads losers in 'B' group
Mahalaxmi Rubtech Ltd, Haleos Labs Limited, ABM Knowledgeware Ltd and Banswara Syntex Ltd are among the other losers in the BSE's 'B' group today, 22 June 2026.
Delhivery at 52-wk high, up 7% on strong FY27 view; JM Fin sees 20% upside
JM Financial said Delhivery is well-positioned for strong growth in the near to medium term, supported by a favourable industry structure.
The smartphone is becoming India’s most important financial advisor
India's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking and investment activities now converge on single platforms, making financial planning more accessible. This shift, driven by convenience and proximity, empowers millions entering formal finance to make informed decisions, transforming income into resilience and savings into wealth. The smartphone is emerging as a key guide in this evolution.
Hybrid Financial Services Ltd leads gainers in 'B' group
NELCO Ltd, Dynamic Cables Ltd, Nitco Ltd and Fino Payments Bank Ltd are among the other gainers in the BSE's 'B' group today, 18 June 2026.
Reliance Jio likely to file $4 billion draft IPO papers ‘within days’ before CMD Mukesh Ambani's AGM speech: Report
Jio IPO: Telecom major Reliance Jio is likely to file papers for its draft initial public offering “within days”, ahead of Chairman and Managing Director Mukesh Ambani's annual speech, according to a report by the Financial Times.
GIC OFS: Government disinvestment mop-up set to cross ₹15,000 crore with latest initiative
If one adds the monetisation receipts, the total mop up currently stands at ₹21,732 crore , which is 27% of the fully year target of ₹80,000 crore. Sources indicate that at the current pace, the government is likely to exceed the combined ₹80,000 crore target set for the current financial year.
Stocks to Watch for June 16: OMCs, HCLTech, GMR Airports and more
From GMR Airports Ltd reporting its monthly traffic update for May 2026, showing strong passenger volumes across its airport portfolio to Mahindra & Mahindra Financial Services Ltd approving the issuance of up to ₹1,000 crore secured, rated, listed, redeemable non-convertible debentures (NCDs) on a private placement basis; these are some stocks to track ahead of Tuesday's trading session.