🗞️ Daily Business Brief – june 22, 2026
- TCS board to meet on July 9, 2026, to consider Q1FY27 financial results for the quarter ended June 30, 2026.
- Hindustan Zinc signed MoUs with Advantek Associates LLP and Aero Eagle Automobiles to explore green hydrogen and clean energy solutions across operations.
- Info Edge said its AI startup portfolio has grown to ₹1,268 crore from investments of ₹614 crore across 28 companies, delivering a 2.1x multiple and estimated 31% IRR.
- Bharat Electronics (BEL) received additional orders worth ₹1,081 crore covering communication equipment, radars, CBRN systems, avionics, upgrades, spares and services.
- GHV Infra Projects secured a ₹213 crore work order involving civil, electrical, mechanical and signal & telecom works.
- JSW Infrastructure approved opening of its QIP on June 22, with a floor price fixed at ₹290.35 per share.
- APAR Industries subsidiary APAR Industries Middle East signed an agreement with Saudi Aramco Base Oil Company.
- Birla Corporation commenced commercial coal production at its Bikram Coal Mine in Madhya Pradesh effective June 22, 2026.
- CRED reports indicate Kunal Shah may step away as CEO, with Miten Sampat appointed interim CEO as leadership restructuring progresses ahead of a potential IPO.
- PVC Pipe Industry revenues expected to rise up to 15% despite lower volumes, supported by better realizations, according to CRISIL.
- India–US Trade Talks set for high-level discussions in New Delhi as both sides work toward an interim trade agreement and broader bilateral trade pact.
- BrahMos Exports India is in discussions with the UAE for BrahMos missile exports, while Thailand, South Africa, Brazil and Chile have shown interest.
- SEBI Buyback Reform open-market buybacks returning from August 1 could improve shareholder returns, capital allocation and stock-price support.
- LG Electronics India targets 2 million AC sales in 2026, mid-teen revenue growth in FY27 and exports reaching double-digit contribution.
- Aditya Birla Capital crossed a market capitalization of ₹1 lakh crore for the first time.
- India–EU FTA could be signed by end-2026 and become operational in early 2027, according to the EU Ambassador.
- Tata Electronics disclosed a cybersecurity incident involving certain systems; reports suggest leaked data may include files linked to Apple and Tesla projects.
- Himachal Pradesh signed hydropower agreements worth ₹3,336 crore across 19 projects.
- RBI Outlook highlighted concerns that a weak monsoon could affect growth and increase inflationary pressures.
- Iran–US Talks concluded the first round on a positive note, with both sides agreeing on a 60-day roadmap toward a broader agreement.
- US–Iran Oil Policy the United States authorized limited sales and imports of Iranian-origin crude oil through August 21, 2026.
- Pace Digitek guided FY27 revenue at ₹3,200–3,400 crore and FY28 revenue at ₹4,000–4,200 crore, supported by a ₹11,338 crore order book and battery expansion plans.
- Tata Sierra EV is set for its official debut on June 30 with dual-motor powertrain options.
- India–Israel Defence Cooperation expected to enter a new phase with deeper strategic and defence collaboration.
- Welspun Corp expects strong long-term growth driven by US and Saudi Arabia capacity expansions and robust oil & gas demand.
- NSE & Bharat Metal Exchange partnered to strengthen India’s metal derivatives ecosystem.
- Moody’s warned that rising AI data centre demand could worsen India’s water stress amid fragmented governance and subsidized pricing.
- Cochin Shipyard recovered after Finance Ministry officials denied reports of a government stake sale through OFS.
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