🗞️ Daily Business Brief – june 23, 2026
- TCS board to meet on July 9, 2026, to consider Q1FY27 financial results for the quarter ended June 30, 2026.
- Tata Sons remains under focus as RBI’s revised Upper Layer NBFC framework keeps the company’s listing debate alive, pending approval of its deregistration request.
- Trent continues its remarkable retail transformation under Noel Tata, emerging as one of India’s most valuable retail companies and a favorite among investors.
- Bharti Airtel receives rating upgrade from S&P to BBB+ from BBB, supported by strong earnings growth, improving leverage profile, and business momentum across India and Africa.
- IRFC OFS sees strong demand as Government exercises greenshoe option; non-retail portion fully subscribed with overall issue subscribed 1.86 times.
- HCL Technologies announces two strategic partnerships to strengthen AI-led offerings across telecom and enterprise technology segments.
- Reliance Industries subsidiary Karkinos Healthcare completes HPV DNA screening for over one lakh women, advancing cervical cancer prevention initiatives across India.
- NLC India signs JV with OREDA for development of 1,000 MW green energy projects in Odisha through phased renewable expansion.
- Bharat Forge acquires 90% stake in RS Aerostructures through subsidiary BF Industrial Solutions, strengthening aerospace manufacturing capabilities.
- Embassy Developments signs MoU with Uttar Pradesh Government for a proposed ₹1,500 crore commercial real estate project in Lucknow.
- Jubilant Pharmova says subsidiary Jubilant Generics has received an Income Tax Department order related to Assessment Year 2023-24.
- MoSPI to launch Index of Services Production (ISP) in July 2026, creating a monthly services-sector counterpart to the Index of Industrial Production.
- Bharat Dynamics secures ₹1,348 crore defence order from HAL for Helina launchers and associated defence equipment.
- InterGlobe Aviation (IndiGo) regains ₹2 lakh crore market capitalization as airline recovers losses linked to Iran conflict concerns.
- Tata Steel infuses ₹1,625 crore into T Steel Holdings through equity subscription while maintaining full ownership of overseas operations.
- Deccan Gold Mines inaugurates Jonnagiri Gold Project in Andhra Pradesh, marking a significant commercial production milestone.
- NSE retains position as India’s most valuable unlisted company with an estimated valuation of ₹4.86 lakh crore.
- Qualcomm announces acquisition of AI infrastructure startup Modular in a $3.9 billion all-stock transaction.
- Infosys partners with Sentara Healthcare to accelerate enterprise AI adoption across hospital operations, IT systems and clinical support functions.
- HDFC Bank has shortlisted three candidates, including a former RBI Deputy Governor, for the Chairman position.
- Oberoi Realty receives HRERA approval for its Haryana project, paving the way for launch, bookings and future revenue visibility.
- Equitas Small Finance Bank approves fundraising of up to ₹1,750 crore through QIP and non-convertible debt securities.
- Engineers India and HCL sign agreement focusing on consultancy, engineering and technical solutions for copper and rare earth projects.
- Man Infraconstruction secures JOA for Tardeo 2.0 redevelopment project with GDV exceeding ₹2,000 crore.
- Adani Ports targets FY31 revenue of ₹915 billion, EBITDA of ₹200 billion and net operating cash flow of ₹468 billion.
- Star Cement emerges as preferred bidder for Assam limestone mine containing estimated resources of 207.82 million tonnes.
- ABB India supplies electrification and motion control solutions for Kolkata Metro to enhance operational efficiency and reliability.
- Adani Group plans ₹2 trillion power-sector capex and aims to achieve 45 GW power generation capacity over the next five years.
- Vedanta remains in focus as reports suggest MCA may order an SFIO investigation into the group.
- Patanjali Foods guides for EBITDA growth of 12-15% during FY27.
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