1 / 10Hindustan Zinc | Promoter Vedanta Ltd is planning to divest shares worth up to ₹7,500 crore in Hindustan Zinc Ltd through block deals, CNBC Awaaz sources said on Tuesday. The share sale is expected to be offered at a discount of up to 10% to the last closing price. DAM Capital and Citi are said to be acting as brokers to the transaction, which may hit the markets imminently.
2 / 10UGRO Capital | The company has announced it will acquire a 100% stake in Profectus Capital for ₹1,400 crore in an all-cash deal, aiming to strengthen its position in the secured MSME lending segment. The transaction, subject to regulatory and shareholder approvals, is expected to close within the next two to three months. The deal will be funded through a mix of UGRO’s recent capital raise and internal accruals.
3 / 10Polycab India | Electrical goods company, said it has executed a contract worth ₹6,447.54 crore with Bharat Sanchar Nigam Limited (BSNL) to act as the project implementation agency (PIA) for the BharatNet project in Karnataka, Goa, and Puducherry. The agreement, part of package 4 of the Amended BharatNet Programme, covers design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network infrastructure.
4 / 10GMR Airports | The company said it has handled over one crore passengers across its airport network in May 2025, marking a modest year-on-year (YoY) growth of 0.8%. The increase was driven by a 2.9% rise in international passenger traffic, while domestic traffic edged up just 0.1% amid operational disruptions. Total aircraft movements (ATMs) for the month stood at 64,931, up 6.3% YoY.
5 / 10Ola Electric Mobility | Ride-hailing platform announced the nationwide rollout of its 0% commission model, enabling drivers to retain 100% of their fare earnings. The initiative applies across all categories — autos, bikes, and cabs — with no ride or income limits. Drivers will have the option to choose their own plans and keep the full fare amount without any deductions.
6 / 10Tata Power | Tata Power Renewable Energy launched affordable rooftop solar solutions in Bhubaneshwar, Odisha, aimed at making clean energy accessible for households in the state. Launched as part of the Ghar Ghar Solar campaign, the initial cost of installing rooftop solar systems starts with a minimum upfront payment of ₹2,499 for 1 kW, ₹4,999 for 2 kW, and ₹7,999 for 3 kW.
7 / 10RailTel Corporation | The company said it has received a Letter of Intent (LOI) from Zoram Electronics Development Corporation Ltd (Zenics) for the implementation of the Mizo Fibre Grid Network (MFGN) project. The estimated value of the contract is ₹43.99 crore as per the bid, though the final contract value will be confirmed upon issuance of the purchase order.
8 / 10Alembic Pharmaceuticals | The firm announced that it has issued a corporate guarantee worth $22 million (approximately ₹184 crore) in favour of JPMorgan Chase Bank, N.A. to facilitate a term loan facility for its wholly owned US subsidiary, Alembic Pharmaceuticals Inc. (APInc, USA). The guarantee, issued on June 17, 2025, carries a tenure of 4.5 years. It is intended to support the funding requirements of the US subsidiary, which operates in the regulated pharmaceutical markets.
9 / 10M&M | The company announced that it has received unconditional approval from the Competition Commission of India (CCI) for its proposed acquisition of a controlling stake in SML Isuzu Ltd. The deal involves the acquisition of a combined 58.96% stake in SML Isuzu through two separate transactions: 43.96% from Sumitomo Corporation, a promoter of SML, and 15% from Isuzu Motors Limited, a public shareholder. The transactions will be followed by an open offer to acquire up to 26% of the company’s equity from public shareholders at ₹1,554.60 per share, in line with SEBI’s takeover regulations.
10 / 10Delhivery | The Competition Commission of India (CCI) on Tuesday approved Delhivery Ltd’s proposed acquisition of a controlling stake in Ecom Express Ltd for approximately ₹1,407 crore, marking a major consolidation move in India’s logistics sector.
