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Ace investor Rekha Jhunjhunwala sharply cut her promoter stake in Star Health to 3.04% from 15.57% during the June quarter of FY27, implying a sale of nearly 7.38 crore shares. The latest shareholding pattern also showed the promoter holding under Rakesh Jhunjhunwala and Associates fell to nil. Star Health is a Chennai-based health insurer.
Aastha Spintex approved a 1:1 bonus issue and Re 0.10 final dividend for FY26, subject to shareholder approval. The microcap textile firm also cleared plans to expand into grey fabric manufacturing, even as its shares remain below the IPO price after listing.
Interglobe Aviation Q1 Results: Revenue from operations rose 20% year on year to Rs 24,584 crore.
China’s largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 billion in Asia’s biggest IPO this year, highlighting the success of China’s state-backed push to build domestic semiconductor champions and AI infrastructure.
Tesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans while stressing safety as the company’s top priority. Musk also reiterated that humanoid robot Optimus could become Tesla’s biggest product as the EV maker doubles down on AI and robotics.
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Billionaire Radhakishan Damani and his family have re-entered Sundaram Finance with a 2.37% stake in the June quarter through Bright Star Investments, after previously exiting the holding in FY26, according to the company’s latest shareholding pattern.
PVR INOX reported a strong June quarter with a net profit of Rs 56.5 crore. Revenue from operations increased to Rs 1,622.2 crore, showing significant year-on-year growth. Admissions rose eight percent while average ticket prices also saw an increase. The company achieved net cash positive status after debt reduction and merger completion. PVR INOX anticipates…
European shares slipped as weak semiconductor earnings and renewed concerns over AI spending weighed on technology stocks. Energy shares gained as Middle East tensions lifted oil prices, while investors awaited the ECB’s policy decision.
U.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framework for cryptocurrencies. The legislation seeks to clearly define the roles of financial regulators, promote broader adoption of digital assets, and enhance investor protection.