The Union Budget 2026 has introduced a revised framework for Income Tax Return (ITR) filing deadlines. Instead of a single due date for all non-audit taxpayers, the filing deadline will now depend on the ITR form applicable to the taxpayer. The objective is to stagger return filings, reduce…
NHPC Limited remained in focus after signing a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh for the development of the Etalin Hydropower Project (HEP) with an installed capacity of 3,097 MW. The agreement, signed on June 16, 2026, establishes the framework for the investigation, development,…
Kotak Mahindra Asset Management Company has launched its first fund under the newly introduced Securities and Exchange Board of India Specialised Investment Fund (SIF) framework. The Kotak Infinity Hybrid Long-Short Fund opened for subscription on June 15, 2026, and will remain open until June 29, 2026. The launch…
Several listed companies have announced record dates for their proposed final dividends. Investors whose names appear in the companies' records on the respective record dates will be eligible to receive the dividend, subject to shareholder approval wherever applicable. Dividend Record Dates Company Dividend/Share Face Value Record Date Remarks…
Crude oil prices edged higher on June 17, 2026, recovering part of the steep losses seen over the previous two sessions as investors assessed whether the emerging US-Iran peace agreement would lead to a sustained restoration of global oil supplies. Oil Prices Recover Benchmark crude prices moved modestly…
Mutual funds completely exited 6 listed companies during May 2026, according to data from Prime Database. The portfolio reshuffle spanned logistics, real estate, construction, IT, and consumer sectors. Stocks Where Mutual Funds Made a Full Exit Company Shares Sold Approx. Exit Value Navkar Corporation 13.36 lakh ₹13.41 crore…
Key Highlights Infosys Limited has entered into a long-term strategic partnership with Valmet. Infosys will modernize Valmet's IT infrastructure and enterprise technology operations. The transformation will leverage: Infosys Topaz for AI-driven automation Infosys Cobalt for cloud transformation The partnership aims to improve efficiency, resilience, governance, and cost optimization.…
Key Highlights Tata Consultancy Services has entered into a multi-year strategic partnership with Tottenham Hotspur. TCS has been named the club's Digital Transformation Partner. The collaboration will focus on: Enhancing fan engagement Modernizing digital platforms Strengthening cybersecurity Leveraging data analytics and Salesforce solutions The partnership expands TCS'…
HDFC Bank share price remained in focus after the bank announced the successful issuance of $750 million in senior unsecured bonds through its GIFT City IFSC Banking Unit, strengthening its international fundraising program. Key Highlights Issue Size: $750 million Instrument: Senior unsecured USD-denominated bonds Coupon Rate: 5.067% per…
Key Highlights Oil India Limited has signed a Memorandum of Understanding (MoU) with Council of Scientific and Industrial Research. The collaboration focuses on research, innovation, and technology development across the energy sector. Key areas include: Enhanced Oil Recovery (EOR) Hydrocarbon reservoir optimization Renewable energy Sustainable energy solutions Critical…
