Bajaj Finance shareholders saw a temporary 90% drop in holding value as the stock turned ex-split and ex-bonus. The company issued bonus shares in a 4:1 ratio and also executed a 1:2 stock split, turning every 1 original share into 10. The corporate actions will be completed by June 27, after which updated holdings will reflect in demat accounts.
Ananya
Israel, Iran Trade Blows for Third Day With No Sign of Letup
Israel and Iran continued intense bombardments on one another’s territories for the third day, with no sign of a reprieve and growing concerns over a wider conflict in one of the world’s key oil-producing regions.
Sun Pharma Names Kirti Ganorkar as New Managing Director
Sun Pharmaceutical Industries appoints Kirti Ganorkar as Managing Director, effective September 1, 2025. Learn about this major leadership change and what it means for India’s largest drugmaker.
MCX Gold Prices Hit Record ₹1 Lakh in India | Why Gold Prices in India Soared Past ₹1 Lakh for the First Time
Discover why gold prices in India crossed ₹1 lakh per 10 grams on MCX for the first time. Learn about global tensions, a weak rupee, and US economic trends driving this historic rise. Domestic mcx gold futures jumped 2.2% to touch ₹1,00,403 per 10 grams in early trade. This psychological milestone reflects both domestic currency weakness and strong overseas cues.
Finance Ministry Clears the Air: No MDR on UPI Payments
The Finance Ministry denies rumors of MDR charges on UPI transactions above Rs 3,000, reaffirming support for digital payments. Learn more about UPI’s growth and why there’s no MDR on UPI.