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Shares of Bharat Electronics Ltd ended at ₹410.70, down by ₹4.20, or 1.01%, on the BSE.

Segment-wise, revenue from the company’s IT and Business Services business rose to ₹26,049 crore from ₹22,454 crore a year ago. Engineering and R&D Services revenue increased to ₹5,690 crore from ₹5,174 crore, while HCL Software revenue grew to ₹2,840 crore…

The deal is likely to be at a premium to the stock’s current market price (CMP), sources said, adding that the winning bidder will make an open offer to acquire another 26% stake.

Shares of PDS Ltd ended at ₹357.25, down by ₹0.95, or 0.27%, on the BSE.

State-run logistics company CONCOR reported an 8.9% rise in container volumes during the June quarter, helped by higher export-import and domestic cargo movement, signalling steady freight demand despite a softer March-quarter earnings performance.

Devang Mehta, Deputy Managing Director & CIO-Equity at Spark Capital Private Wealth, says banks and NBFCs are well placed to benefit from improving credit growth, a strengthening capex cycle and rising consumption. He expects BFSI to outperform as private banks…

Supreme Court upholds RBI’s scheme to merge PMC Bank with Unity Small Finance Bank, dismissing challenges to the reconstruction plan.

JBM Auto’s electric mobility arm, JBM Electric Vehicles, has partnered with commercial EV leasing platform Drivn to deploy 500 electric buses across India, aiming to lower upfront costs for fleet operators through an integrated leasing and lifecycle management model.

The Sensex gained 47 points to close at 77,616, while the Nifty added 4 points to settle at 24,211, holding above the 24,200 mark.

Vikas Khemani, Founder of Carnelian Asset Management and Advisors expects Manufacturing 2.0 to remain a long-term growth theme, discusses why India continues to offer broad-based investment opportunities, shares his positive view on Biocon, and explains why his firm invests only…