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Recognize secures $1.7 billion for its second fund to back AI-driven digital services firms. Fund II closed in under 5 months with global investor support.

The newly secured contracts include a range of defence and strategic equipment such as radars, communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related services. Shares of Bharat Electronics Limited Ltd, ended at ₹421.70, up by…

Grindwell Norton has recommended a ₹17 dividend per share for FY25, with the record date set as July 15. Shareholders will vote on the proposal during the AGM on July 25.

Kalyani Strategic Systems will issue Optionally Convertible Redeemable Preference Shares (OCRPs) of up to ₹500 crore as consideration. Shares of Bharat Forge Ltd ended at ₹1,308.00, down by ₹1.20, or 0.092%, on the BSE.

Stocks to watch, CG Power, JK Cement, Reliance Infrastructure, Bank of India, YES Bank, Astec LifeSciences, HCLTech, NCC, Torrent Pharma and more, these are the stocks to watch for tomorrow.

On the equity front, the bank aims to raise capital through various instruments such as a rights issue, preferential issue, further public offer (FPO), qualified institutional placement (QIP), global depository receipts (GDR), American depository receipts (ADR), foreign currency convertible bonds…

Apollo Hospitals has approved a reorganisation plan to spin off and list its omni-channel pharmacy and digital health business within 18–21 months, aiming to create a ₹25,000 crore healthcare platform.

Shivakumar brings decades of experience in leadership roles across global and Indian corporates. Shares of YES Bank Ltd ended at ₹20.35, up by ₹0.16, or 0.79%, on the BSE.

The company’s building division secured the orders. Shares of NCC Ltd ended at ₹230.55, up by ₹0.80, or 0.35%, on the BSE.

RBI’s bi-annual Financial Stability Report cautioned about the volatility of financial markets, especially core government bond markets, driven by shifting policy and geopolitical environment. Alongside, existing vulnerabilities such as soaring public debt levels and elevated asset valuations have the potential…