*Financial News*
Source: Leading Newspapers
Compiled by *RUDRA SHARES*
Vande Mataram
Wednesday, 17 June 2026

*Corporate & Business*
• Wipro sets up facility for Claude models to accelerate enterprise AI
• TCS to take additional $70 million blow from DXC Technology case in US
• Cipla appoints Shivam Puri as CEO of 'One India Business' from July 1
• BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes charge
• P&G India sees rural consumption growth soften amid inflation pressures
• Adani Ports to invest $850 mn in AI, capacity and decarbonisation plans
• JSW Realty seeks ₹1,600 crore loan from Tata Capital for Mumbai project
• Sovereign models for large nations to be strategic asset: HCLTech CEO
• Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh
• Arunachal rolls out major deregulation drive to boost investment
• India Inc's sales growth gathers pace in March quarter, led by autos and metals: RBI data
• HDFC board to review findings on Atanu Chakraborty's exit
• Areion seeks RBI approval for Rs 936 crore Aviom takeover
• Foreign investors may bet big on Indian stocks after regulatory clarity emerges
• Ola Electric files application to settle Sebi probe
• Aluminium stocks slide as US-Iran deal eases supply fears
• Bank provisioning at 3-year low on better recoveries
• Ambani's Jio set to file for IPO within days, FT reports
• Arvind SmartSpaces jumps after signing South Ahmedabad project with Rs 180 crore revenue potential
• Tata Motors PV confident of delivering industry-leading growth in FY27: Chairman N Chandrasekaran
• Devyani Intl, Sapphire Foods shares rise on approval from NSE, BSE for merger
• Dr Lal PathLabs surges as it forays into Dubai market with new subsidiary
• Suzlon Energy shares rise as govt seeks assessment of old wind turbines
• Jaiprakash Associates stock delisting on June 18; nearly 6.5 lakh shareholders to be affected
• Sonata Software shares soar amid NCLT nod for Encore IT merger
• Pine Labs says report on breakage income 'incorrect and misleading', shares fall
• Cipla, Sun Pharma, Dr Reddy's, Glenmark trade lower after Centre tightens cough syrup sales rules
• NSE launches 11 new sectoral indices, including Nifty Power, Retail, taking total to 34
• HDFC AMC launches Growth for GOOD Portfolio focused on sustainable wealth creation
• India's Royal Orchid plans to add 50 hotels, betting on local demand boost

*Markets & Investments*
• DIIs net buying hits historic low Rs 6 lakh only on June 16, FIIs sell worth Rs 748 crore
• Bulk and block deals: Massachusetts Institute of Technology picks up 1.53% stake in Renaissance Global

*Commodities*
• Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
• Gold advances as Trump touts reopening of Strait of Hormuz this week
• Silver stood at Rs 2,49,333 spot on June 16
• Gold stood at Rs 1,50,192 spot on June 16

*Politics & Governance*
• Ram Temple donation fund row: Congress demands time-bound investigation by High Court judge
• Abhishek Banerjee questioned by CID in Amit Shah remarks case
• SC directs Tripura SEC to conduct elections to village committees in single phase
• Mamata Banerjee moves Calcutta HC against Bhabanipur poll result
• Jharkhand Rajya Sabha poll NDA moves MLAs to hotel; INDIA Bloc meets at CM house

*Others*
• Modi and Trump plan to test the waters in France
• US–Iran deal may ease oil prices and support India macro; markets could see mild rerating: Kotak
• India wants to copy China with a Rs 60,000 cr crude bill

Jai Hind
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