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.
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Reliance Sells 3.6% Stake in Asian Paints to SBI MF for $900 Million
Reliance Sells Asian Paints Shares for Huge Profit: Reliance Industries Limited (RIL) has sold a 3.6% stake in Asian Paints to SBI Mutual Fund for Rs 7,704 crore ($900 million). This is one of the biggest deals where a single buyer and seller made a trade without involving multiple investors.
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.
IEX share price slumps 10% prior to power minister meeting stakeholders on market coupling
IEX shares declined ahead of a meeting on market coupling. Discussions may clarify the benefits of this approach, which aims to standardize electricity pricing across exchanges. A government report suggested a shadow pilot study for market coupling, pending software development.
GTL Infrastructure Ltd leads gainers in ‘A’ group
On June 11, 2025, notable performers in the BSE ‘A’ group included Tata Teleservices (Maharashtra) Ltd, RattanIndia Enterprises Ltd, Dhani Services Ltd, and SEPC Ltd.