As many as 31 companies, including HDFC Bank, Tata group firms and Brigade Enterprises, will turn ex-record date for dividends and bonus issues between June 15 and June 19. According to The Economic Times, the list spans financials, industrials and healthcare, offering investors multiple opportunities to track payouts and corporate actions during the week. This represents a significant number of companies entering their dividend distribution period, providing substantial opportunities for income-focused investors.
Reliance Industries' Jio Platforms has achieved a significant milestone by ranking in the global top 20 in the Patent Co-operation Treaty (PCT) rankings for 2026 released by the World Intellectual Property Organisation. According to reports from The Hindu BusinessLine, this achievement places Jio among an elite group of global technology leaders, including Huawei, Qualcomm, Google, and Apple. The company has filed 6,817 patents as of March 31, 2026, and is developing sunrise technologies for the next wave of digital infrastructure, including 5G/6G Radio, 5G/6G Core, satellite communications, and JioBrain.
Tata Motors Passenger Vehicles Ltd. (TMPV) has announced a price increase across its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EV), by up to 1.5%, effective July 1. As reported by The Hindu BusinessLine, this price revision is being undertaken to partially offset the impact of rising input costs and sustained inflationary pressures. While TMPV continues to absorb a significant portion of these increases, a part of the impact is being passed on to customers through this adjustment.
The board of Meesho has approved the acquisition of Kirana Club, a company incorporated under Singapore laws, and 0.41% of the share capital of Retail Pulse Labs (RPLPL), an existing subsidiary of Kirana Club incorporated under Indian laws, for an aggregate consideration of ₹202.08 crore in three tranches. According to reports from The Hindu BusinessLine, post-acquisition, Kirana Club will become a wholly owned subsidiary, and RPLPL will become a step-down subsidiary with Meesho holding a 99.59% stake indirectly through Kirana Club.
Tata Consultancy Services has expanded its collaboration with Oracle by launching India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata. As reported by The Hindu BusinessLine, the new facility is designed to help organisations shape the next wave of AI-powered enterprise transformation. TCS also plans to roll out the Oracle AI Data Platform Labs and CoEs across four additional cities in India over the next three years. Meanwhile, Neyveli Uttar Pradesh Power Ltd has announced the start of commercial operation of Unit-3 (660 MW) of the Ghatampur Thermal Power Project, fully commissioning the 3×660 MW Ghatampur Thermal Power Station, strengthening power supply to Uttar Pradesh and increasing NLCIL group's overall installed capacity from 7,745 MW to 8,405 MW.
Investors are closely watching the Federal Reserve's first meeting under new Chair Kevin Warsh amid concerns that interest rate hikes to combat inflation could negatively impact the stock market. While the Fed is expected to hold rates steady for now, market participants will scrutinize future projections and Warsh's communication for clues on potential rate increases later this year. Global challenges including West Asian tensions and rising US inflation are creating headwinds for Indian stocks, with tech sector shifts also affecting market performance. Foreign investor flows remain a key watchpoint for market direction.
