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NLC India OFS opens for retail today after strong non-retail response - All you need to know
The government has decided to exercise the entire greenshoe option in the NLC India OFS, after the non-retail portion was oversubscribed 5.22 times, taking the total offer size to 3% of the company's equity capital from the initially planned 2%.
Why Indian Market Is Relatively Unscathed From Global Jitters Today
Even though Nifty 50 is still trading with cuts of around 0.65%, it has outperformed almost all Asian peers and appears relatively unscathed from weak global cues
Jharkhand State Cricket Association signs three-year streaming deal with JioHotstar for JT20 League
Jharkhand State Cricket Association has partnered with JioHotstar for digital broadcasting of the Jharkhand T20 League. This three-year deal covers the 2026, 2027, and 2028 seasons. The tournament begins on June 10, 2026. JioHotstar will stream all matches across India. Prominent players are expected to participate. The league aims to nurture future Indian cricketers.
RBI Monetary Policy: MPC Keeps Repo Rate Unchanged At 5.25%; Maintains Neutral Stance — All Details Here
10 economists polled by NDTV Profit had anticipated no change in the benchmark rate, pointing to a broad consensus that the Monetary Policy Committee will extend its pause while assessing evolving global and domestic conditions.
INR regains momentum with all eyes on RBI monetary policy
The Indian rupee is regaining some momentum in opening trades on Friday as the global crude oil prices eased and market participants keenly awaited the RBI's MPC decision today. Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. INR opened at Rs 95.72 per dollar and hit a high of 95.63 so far during the day. Yesterday, rupee depreciated 7 paise to close at 95.83 against the US dollar. Local markets opened in the green with investors closely watching the Reserve Bank of India (RBI) monetary policy announcement scheduled for today. The Indian benchmark indices are trading higher today, with the NIFTY 50 hovering around 23,442.30 (+0.11%) and the S&P BSE SENSEX trading at 74,556.68 (+0.26%).
Drug companies directed to step up vigil on adverse reactions
India's drug regulator, CDSCO, has mandated all drug companies to establish systems for tracking adverse drug reactions. This move comes amid global scrutiny of India's drug safety monitoring. Companies must now designate officers, maintain records, and report reactions promptly. Compliance will be checked during routine inspections. This ensures better post-market drug safety for consumers.
Rajesh Exports shares fall 5% after SEBI order; LIC has nearly 11% stake, as does retail
Shares of Rajesh Exports had surged to an all-time high of ₹1,029 back in 2023. The stock has declined 90% from those levels as of Thursday's trading sessions.
Trent shares to trade adjusted for bonus issue today - All you need to know
This is the first major corporate action announced by Trent in nearly a decade, after it last split one share into ten back in 2016. The company has regularly paid dividends to shareholders every year since then.
Mastercard to look beyond card biz; target tier 3 & 4 markets for growth
Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. Mastercard is focusing on new customer segments and underserved markets. They are also developing solutions for commercial payments. Mastercard aims to be part of all emerging payment technologies.
NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know
NHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail investors and employees can now bid on June 3, 2026.
Stocks To Buy: After 45% fall from peak, online car portal gets an upgrade; Check target
With this upgrade, CarTrade Tech has become a "consensus buy" among analysts who track it, as all nine analysts now have a "buy" rating on the stock.
NHPC OFS opens for retail investors today — All you need to know
The government will be exercising its green shoe option for the NHPC OFS as well, after the non-retail portion received a very strong response compared to the total shares on offer.