Business

Vedanta Ltd’s shares are in focus ahead of a board meeting to consider the first interim dividend for FY 2025-26 and a Rs 7,500 crore stake sale in Hindustan Zinc. Source

India Business News: The Wealth Company, supported by Pantomath Group, is set to launch its mutual fund business after Sebi’s approval. Madhu Lunawat will lead the company Source

The four PSU general insurers reported a premium mobilisation of Rs 27,787 crore for the June 2025 quarter as against Rs 24,233 crore a year ago, according to figures available with the General Insurance Council. Source

Gold Rates In India Today: In Mumbai, the price of gold stood at Rs 92,500 per 10 grams for 22-carat and Rs 1,00,910 per 10 grams for 24-carat. Source

India Business News: B S Nagesh retired as Shoppers Stop chairman after 34 years, during which he significantly influenced the company and Indian retail. Nirvik Singh, wit Source

Prada said it is exploring a collaboration with artisanal footwear makers in India, two weeks after the Italian luxury brand sparked controversy by unveiling ethnic sandals resembling 12th-century Indian designs. Source

Hindustan Zinc Block Deal: Shares of Hindustan Zinc slumped 7% to Rs 452.50 in morning trade on June 18 Source

International Business News: President Trump signed the GENIUS Act, a law designed to regulate payment stablecoins and bring legitimacy to the cryptocurrency industry. Officially Source

The report states: “The co-pilot was Pilot Flying (PF), and the PIC was Pilot Monitoring (PM) for the flight.” Source

The Central government plans to form a task force led by Infosys co-founder Nandan Nilekani to digitize and decentralize the Indian power sector. Source