News Overview

All 13 sectoral indices closed in the green, with financial services, oil and gas, and power sectors leading the charge on the Nifty.

In addition, Aurobindo Pharma will spend ₹1,000 Crore to establish a biologics manufacturing facility in Borapatla, Telangana.

According to a filing on the exchange, Shriram Finance raised $425 million and Euro 40 million in a syndicated term loan deal.

Eicher Motors' overseas business demonstrated tenacity in the face of local market volatility, recording a 12% gain in sales.

The approval of the Reserve Bank of India and the Department of Financial Services, Government of India, is mandatory for the same.

The BSE Midcap index saw a notable increase of 3.6%, while the Smallcap index rose by 2.16%.

Domestic sales climbed 12% to 13,852 units, compared to the same period last year.

In May, the well-known producer of motorbikes and scooters had a 4% drop in sales, with 4,98,123 units sold overall.

According to Welspun Corp, EPIC is the top producer of helical submerged arc welded (HSAW) pipes in Saudi Arabia.

The contract involves constructing three Azimuthing Stern Drive (ASD) Tugs, each with 70 T Bollard Pull Power.