BOARD MEETING
Air India plane crash: Tata Group calls in Boeing, GE for technical support
The Tata Group is bringing in top experts from Boeing and GE Aerospace to Ahmedabad to support the government's ongoing investigation into the tragic crash of an Air India Boeing 787-8 Dreamliner—one of the most advanced passenger aircraft in operation.
Vedanta board to meet on June 18 to consider interim dividend. Check record date
Vedanta dividend FY26: Vedanta will hold a board meeting on June 18 to consider its first interim dividend for FY26. Eligible shareholders as of June 24 may receive the payout. The company’s consistent dividends reflect strong cash flows and steady earnings.
Air India Crash: PM Modi visits crash site, holds high-level review meeting with officials
Prime Minister Narendra Modi visited the Ahmedabad Air India crash site. He reviewed relief efforts with Gujarat officials. Air India flight AI171 crashed after takeoff, killing 265. One passenger survived. Modi directed support for families and expedited victim identification. The Boeing 787 Dreamliner was headed to London. Investigations are underway to determine the cause of the crash.
Ahmedabad plane crash: 10 minutes separated life and death for Gujarat woman heading to London
A Gujarat resident, Bhoomi Chauhan, missed the Air India flight that crashed after takeoff from Ahmedabad. All but one of the 242 passengers and crew died. Chauhan attributes her survival to a missed check-in due to traffic. Prime Minister Narendra Modi visited the crash site and met with the injured.
Ahmedabad plane crash: From 241 dead to ongoing probe, all you need to know about the Air India tragedy
Air India flight AI171, a Boeing 787 Dreamliner en route from Ahmedabad to London Gatwick, crashed shortly after takeoff, killing 241 of the 242 people on board. The aircraft, carrying 169 Indian, 53 British, one Canadian, and seven Portuguese nationals, crashed into a medical college compound.
PM Narendra Modi visits Air India plane crash site, meets injured victims and lone survivor at hospital
Prime Minister Narendra Modi visited the Air India plane crash site in Ahmedabad, where 265 people tragically lost their lives. He inspected the crash site, met with the lone survivor, Vishwas Kumar Ramesh, and visited injured victims at the civil hospital. Modi also received briefings from state and civil aviation officials regarding the devastating incident involving the London-bound aircraft.
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Canara Bank shares in focus as board approves Rs 9,500 crore fundraise for FY26
Canara Bank's board has approved a plan to raise up to Rs 9,500 crore through debt instruments for FY26, including Tier II and AT1 bonds. The bank reported a 33% YoY increase in Q4 net profit, with improved asset quality, though slippages slightly exceeded estimates.
Aten Papers and Foam IPO opens for subscription today. Check details
Aten Papers and Foam's IPO, featuring a fresh equity sale of 33 lakh shares, opened on June 13, aiming to raise Rs 31.68 crore. With a price band of Rs 91-96 per share, the IPO proceeds will fund capital expenditure, working capital, and general corporate needs. The company, a paper supply chain intermediary, saw revenue rise 43% to Rs 138.
JD Vance quietly visits Rupert Murdoch’s ranch amid WSJ's ongoing jabs at Donald Trump and his policies
JD Vance visited Rupert Murdoch’s Montana ranch in a surprise trip. He met top Fox News people while Trump is upset with the Wall Street Journal, also owned by Murdoch. No one knows what the visit was really about.
Boards bet big on talent beyond the CEO
Corporate boards are increasingly involved in talent management, extending their focus beyond CEO succession to encompass broader leadership development. A recent survey indicates boards dedicate significant time to talent strategies, yet many CHROs view them primarily as governance bodies. Challenges persist in preparing future-ready leaders, with concerns about internal talent readiness and securing strong leadership sponsorship, impacting overall organizational performance.
IndiGo, SpiceJet shares fall over 3% after Air India flight crashes in Ahmedabad
Interglobe Aviation and SpiceJet shares declined amid market downturn and news of an Air India plane crash in Ahmedabad. Indigo shares fell 3.4%, while SpiceJet decreased by 2.6%. The broader market experienced a significant sell-off due to global uncertainties, with the Sensex and Nifty dropping sharply. InterGlobe Aviation reported a substantial profit growth in Q4FY25.
Coal India board approves uniform dress code for employees; effective July
Coal India Ltd. will implement a uniform dress code for its 2.25 lakh employees starting in July 2025. Male employees will wear navy blue pants and sky blue shirts, while female employees will wear light sky blue kurtas with navy blue salwars/dupattas or light sky blue sarees with navy blue borders. Each employee will receive ₹12,500 for three uniform sets.
UN nuclear watchdog's board of governors finds Iran isn't complying with its nuclear obligations
The U.N. nuclear watchdog's board of governors has formally declared Iran non-compliant with its nuclear obligations, marking the first such finding in two decades. This action, initiated by France, the U.K., Germany, and the U.S., could escalate tensions and potentially trigger the reinstatement of U.N. sanctions.
Tanla Platforms shares soar 13% as board likely to consider share buyback
Tanla Platforms' shares surged 12.8% following the announcement of a board meeting on June 16, 2025, to consider a potential equity share buyback. This move has boosted investor confidence, signaling the company's strong financial position. While the stock has seen declines over the past year, it has recently experienced significant gains in the last three months.
Tanla Platforms Board to consider share buyback proposal on June 16
Tanla Platforms will hold a board meeting on June 16 to evaluate a share buyback proposal. The move may enhance shareholder value and reflect management's confidence in financial health, while signaling its capital allocation strategy and long-term growth outlook.
Mansion House brand's global ownership goes to Allied Blenders
Allied Blenders and Distillers Ltd (ABD) has acquired global ownership of 'Mansion House' and 'Savoy Club' liquor brands by acquiring UTO Asia Pte. Ltd. The deal, approved on June 10, 2025, for €1.225 million, excludes certain Southeast Asian markets. This acquisition aligns with ABD's strategic expansion goals, strengthening its brand presence internationally.
Maharashtra govt forms task force to prepare integrated bus transport plan for MMR
The Maharashtra government has established a 12-member task force, led by BEST's general manager, to create an integrated bus transport plan for the Mumbai Metropolitan Region (MMR). This initiative aims to provide commuters with a seamless travel experience through a single-ticketing system. The task force includes municipal commissioners from various cities within the MMR and will coordinate public transport undertakings.
Hindustan Zinc declares Rs 10 interim dividend. Check record date
The board’s announcement comes after a wave of investor optimism earlier in the week, with shares rising 4–6% ahead of the June 11 meeting, during which the dividend was approved.
Quess Corp subsidiaries Digitide Solutions, Bluspring Enterprises list on NSE, BSE
Digitide Solutions and Bluspring Enterprises, subsidiaries of Quess Corp, commenced trading on stock exchanges today, both hitting the 5% lower circuit upon debut. This listing follows Quess Corp's strategic decision to split its business into three independent entities, allowing each to focus on distinct verticals and enhance shareholder value.
These 2 Tata Group companies to trade ex-dividend from Thursday. Do you own?
Tata Chemicals and Trent are set to go ex-dividend on June 11, 2025, presenting a final opportunity for investors to receive payouts. Tata Chemicals declared a dividend of Rs 11 per share, while Trent announced Rs 5 per share. To be eligible, investors must purchase shares before the ex-dividend date, with payments scheduled for July 2025.
FM Nirmala Sitharaman asks regulators to expedite refund on unclaimed deposits, streamline KYC
Finance Minister Nirmala Sitharaman urged regulators to expedite unclaimed deposit refunds and streamline KYC processes during the 29th FSDC meeting. The council emphasized macro-financial stability, cybersecurity resilience, and inter-regulatory coordination. Members also discussed implementing budget announcements, improving factoring services, and reviewing past FSDC decisions to strengthen the financial sector.
TRSL's foray into wheelset manufacturing timely amid supply disruptions: Official
Titagarh Rail Systems Ltd. (TRSL) is venturing into forged wheel manufacturing through a joint venture to address India's wheelset shortage, crucial for train production. Hindered by supply constraints, TRSL aims to stabilize wagon production and reduce import dependence, aligning with the Atmanirbhar Bharat initiative.
Wordle answer June 9: detailed hints, tips, and the complete solution for puzzle #1451 with easy strategies to win
Wordle answer June 9 is simple five-letter word starts with B, has two vowels placed together, and contains no repeated letters. Wordle fans often find it tricky because of its unique letter setup. Yesterday’s answer was LEASE, and recent words included CEASE, DATUM, and EDIFY. If you want to improve your game, focus on common letter starters and vowel placement. This daily puzzle challenges your vocabulary and sharpens your guessing skills. Keep checking back for fresh Wordle hints, answers, and tips to stay ahead in this popular word game.
Indian banks must urgently embrace AI, privacy technologies to comply with DPDP Act: Report
Indian banks must urgently adopt artificial intelligence (AI), privacy-enhancing technologies (PETs), and privacy-by-design strategies to effectively comply with the Digital Personal Data Protection Act (DPDPA), according to a report released by Protiviti.
This Vedanta subsidiary's shares surge 4% ahead of June 11 board meeting to consider interim dividend
Hindustan Zinc shares experienced a 4% surge, closing at Rs 522.40 on the BSE. This increase in investor confidence comes before the board meeting scheduled for June 11, 2025. The board will consider and approve the first interim dividend for the financial year 2025–26. June 17, 2025, is the record date for dividend eligibility.
Taiwan: SEF chairman slams China's 'united front' tactics, calls for sincerity in cross-Strait relations
Straits Exchange Foundation Chairman Frank Wu has called on China to cease its "united front" operations, which are perceived as attempts to infiltrate and divide Taiwan. Wu highlighted the contradiction between Beijing's desire for peaceful relations and its ongoing military activities around the island.
Sudarshan Venu named chairman of TVS Motor
TVS Motor Company has announced Sudarshan Venu as the incoming chairman, effective August 25, 2025. This decision acknowledges Venu's significant contributions to the company's growth and strategic advancement during his time as a director. Sir Ralf Speth, the current chairman, will step down after the Annual General Meeting on August 22, 2025, as he will not seek re-appointment.
Murae Organisor board to consider bonus issue, dividend payout next week
Murae Organisor's board will convene on June 13 to deliberate on a bonus issue of equity shares and dividend payment for FY25. The company is also eyeing strategic business expansion, including investments in agro and distillery sectors. Furthermore, Murae Organisor has set June 11 as the record date for its 1:2 stock split, reporting a revenue of Rs 854.
Yes Bank shares tank over 9% after 3% equity changes hands via block deals
Yes Bank Shares News: Board will meet on June 3 to discuss fundraising options. The stock surged 8% on Monday amid speculation of a potential takeover by SMBC, though the bank has denied such discussions. The board may consider equity, debt, or other instruments to raise capital as part of its growth and recovery strategy.
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