Gillette India Declares Rs 60 Dividend; Check Record Date
Gillette India has announced a dividend of Rs 60 per share. Check the record date, ex-date, and impact on share price on NSE and BSE.
Category : Business
India's CPI Inflation Seen at 4.8% on USD 90/bbl Crude in FY27
India's CPI inflation is projected to rise 70 bps to 4.8% in FY27, with crude oil averaging USD 90/bbl, amid West Asia conflict and weak monsoon forecast, says 360 ONE Capital report.
Florida Sues OpenAI and Altman Over ChatGPT Safety
Florida becomes the first US state to sue OpenAI and CEO Sam Altman, alleging the company prioritized profits over safety, harming minors and enabling harmful acts via ChatGPT.
Why Wait Until June 15 to File ITR for FY 2025-26?
Filing ITR early? Experts advise waiting until June 15 to avoid data mismatches. Late TDS filings, incomplete AIS, and pending Form 16 can lead to errors.
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Infosys Top Buy, DLF & Chola Sell: Mirae Asset Calls
Mirae Asset ShareKhan recommends buying Infosys with a target of Rs 1270 and selling DLF and Cholamandalam Investment. Check targets, stop loss, and technical analysis.
8 Expressway Corridors Creating New Real Estate Opportunities
India's expressway network is transforming real estate, with eight key corridors spurring residential, commercial, and industrial growth across multiple states.
Stock Market Live: Sensex, Nifty Range-Bound Amid High Oil Prices
Indian stock markets likely to trade range-bound with negative bias as crude oil remains elevated and US-Iran talks await clarity. Focus on midcaps, RBI policy, and textile stocks.
Brokerage Ratings: RIL, Indigo, Asian Paints, Cummins, Heidelberg
Morgan Stanley overweight on RIL, Goldman Sachs buy on Indigo, Macquarie buy on Asian Paints, Jefferies buy on Cummins, HDFC Securities reduce on Heidelberg Cement.
Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, HDFC Securities Update Stock Targets
Morgan Stanley overweight on RIL with target Rs 1,803; Goldman Sachs buy on Indigo at Rs 5,200; Macquarie buy on Asian Paints at Rs 3,000; Jefferies raises Cummins India target to Rs 7,100; HDFC Securities reduce on Heidelberg Cement at Rs 170.
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PE-VC Investments Dip 9% to $15 Bn in Jan-May 2026
Private equity and venture capital investments in India declined 9% year-on-year to $15 billion in Jan-May 2026, but May saw a 25% revival. Late-stage firms attracted $3.5 billion.
Indian PV Sales Surge in May Despite Price Hikes and Fuel Costs
Four of six top automakers posted double-digit YoY growth in May 2026, driven by strong SUV and CNG demand, despite rising raw material costs and fuel price hikes.
ATF for international flights slashed 27%, commercial LPG up Rs 42
Public sector oil firms cut international ATF prices by nearly 27% to $1,103/kl, offering relief to airlines. Commercial LPG cylinder price hiked by Rs 42 to Rs 3,113.5 in Delhi.
Entry-Level IT Hiring Dips as Firms Seek Experience
Entry-level IT hiring in India has declined as companies now prefer experienced candidates, impacting fresh graduates. The shift is driven by automation and cost-cutting.
India-US Trade Agreement Text Nearing Finalisation
India and US have finalised most of the legal text for the first tranche of a bilateral trade agreement, with negotiations now on minor details. The treaty awaits clarity on US tariff mechanisms post the current 10% levy.
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Commercial LPG Hiked Rs 42; ATF Cut 27% for International
Oil marketing companies cut ATF for international airlines by 27% to nearly $1,100/kl, while hiking commercial LPG by Rs 42 per cylinder. Domestic ATF unchanged.
PE-VC Investments Drop 9% to $15 Billion in Jan-May 2026
Private equity and venture capital investments fell 9% year-on-year to $15 billion in Jan-May 2026, but May saw a 25% surge in deal value to $2.2 billion.
India Oman Free Trade Agreement Begins with First Shipments
India and Oman launched a free trade agreement on Monday, with first consignments shipped at concessional rates. India offered a food security pact to strengthen ties amid West Asia conflict.
India may review Scotch tariff concessions over UK steel duty
India is reviewing tariff concessions on Scotch whisky and other goods in the UK trade agreement if steel quota concerns are not resolved before ratification.
Maya Tata Likely to Move from Tata Digital to Trent
Maya Tata, daughter of Tata Trusts chairman Noel Tata, is exploring a move from Tata Digital to Trent or Tata Consumer Products amid restructuring at Tata Digital.
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GST Growth Slows to 3.2% in May at Rs 1.94 Lakh Crore
India's GST collections grew only 3.2% in May to Rs 1,94,184 crore, impacted by a dip in domestic revenue, but adjusted for a one-time telecom gain, growth was 9%.
India Industrial Output Growth Slows to 4.9% in April
India's industrial production growth slowed to 4.9% in April 2026 from 5.7% a year earlier, driven by a contraction in mining and slowdown in other sectors, according to new IIP data.
LDA Reopens Registration for 394 Flats Under Lottery System
Lucknow Development Authority reopens registration for 394 flats in Aishbagh Square and Park View Apartments via lottery. Prices start at Rs 75 lakh. Online registration from June 1-30.
Ahmedabad Textile Crisis: Input Costs Surge, Demand Drops
Textile units in Ahmedabad struggle with rising cotton, yarn, and processing costs, leading to reduced demand, capacity cuts, and margin pressure. Industry seeks import duty removal on cotton.
New Labour Code to Hike Maintenance Bills in NCR Societies
Due to new labour code increasing minimum wages, maintenance bills in NCR condominiums and gated societies are expected to rise by 20-30%, with manpower costs accounting for 70-85% of budgets.
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Govt Infra Push Fails to Deliver Promised Economic Growth
India's infrastructure spending has surged, but private investment and employment remain stagnant, benefiting only large corporations.
494 Urea Bags Seized in Sirsa; Probe into Black Marketing
Authorities seized 494 bags of subsidized urea in Sirsa, Haryana, suspected to be repackaged for illegal sale as technical-grade urea to an industrial unit in Kota, Rajasthan. A probe is underway.
Ghaziabad Acquires 100 Hectares for UPSIDA Industrial Hub
Ghaziabad district administration acquires around 100 hectares in Modinagar's Niwari for an industrial hub by UPSIDA, paying farmers four times the circle rate to boost industrial infrastructure and employment.
Crude oil spike, FPI outflows drag Sensex 508 points lower
Sensex fell 508 points to 74,267 amid rising crude oil prices, FPI outflows of Rs 3,900 crore, and West Asia tensions. Rupee stable at 94.99/$.
Hyderabad Raidurg Land Auction Fetches Rs 204 Crore Per Acre
A 5.09-acre parcel in Raidurg sold for Rs 204 crore per acre, the second highest ever. Vamsiram Builders won the bid for Rs 1,038 crore, planning Grade A office space.
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Lucknow Property Dispute Leads to Contract Killing of Dealer
A dispute over a one-bigha plot worth Rs 60 lakh in Kakori led to the contract killing of property dealer Sandeep Singh. Police arrested rival realtor Dinesh Yadav and his driver Mubeen for conspiracy.
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