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5 min read | Updated on June 11, 2025, 08:33 IST
SUMMARY
Stocks to Watch: The country's largest carmaker, Maruti Suzuki India, is recalibrating production of its upcoming model, the e-VITARA, due to the shortage of rare earth magnets, industry sources said.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 20 points higher on Wednesday, June 11. | Image: Shutterstock
The GIFT NIFTY futures suggest that the NIFTY50 index will open 20 points higher on Wednesday, June 11.
The auto major is looking to produce around 8,000 units of the model by September as opposed to the earlier stated plan of rolling out over 26,000 units during the period.
The company, however, plans to make up for the production dip in the subsequent months with a stated target to produce around 67,000 units of the model this fiscal year, sources said.
Maruti Suzuki India declined to comment on the matter.
This ECB facility is the first of its kind in India's microfinance sector, comprising Japanese Yen (JPY) and United States Dollar (USD) currencies, predominantly raised from banks in South Asia and the Far East, CreditAccess Grameen said in a statement.
A key part of the Tricity region, Mohali is known for its rapidly growing residential and commercial development, it said in a statement.
Rajeev Kale, President and Country Head, Holidays, Thomas Cook (India) Limited, said, "Mohali is an important source market for us, and we've seen strong demand coming from the region. Hence, we are delighted to announce the opening of our first Gold Circle Partner franchise outlet in Mohali.
According to the bulk deal data available on the BSE, US-based TA Associates, through its arm TA FDI Investors, sold 93.90 lakh shares, amounting to a 1.26% stake in Jaipur-based AU Small Finance Bank (AU SFB).
The shares were disposed of at an average price of ₹760.07 apiece, taking the deal value to ₹713.78 crore.
The project aims to transform the over-80-year-old architectural marvel into a dazzling visual spectacle using solar-powered lighting, officials said.
The dynamic illumination will highlight the bridge’s structural brilliance while offering a unique night-time experience for thousands of daily commuters and visitors, they said.
The electronics manufacturing company entered into an asset purchase agreement (APA) on June 9, 2025, to purchase product lines for power modules and identified assets from Fujitsu Electronics, Kaynes said in a regulatory filing.
The agreement, valued at 1.59 billion (or 1,59,11,59,889) Japanese Yen, is subject to the terms, conditions, representations, indemnities and warranties mentioned in the APA.
US-based Blackstone, through its affiliate BREP Asia III India Holding Co VII Pte Ltd, is acquiring a stake in Kolte-Patil Developers.
"The combination envisages acquisition of a 40 per cent shareholding in Kolte-Patil Developers Ltd by BREP Asia III India Holding Co VII Pte Ltd through a combination of share subscription and share purchase," the CCI said in a release.
"The partnership will drive local production of the state-of-the-art Vulcano 155 mm Precision Guided Munition system, catering to the Indian Armed Forces," it said in a statement.
The 155mm TGMs, which are equipped with built-in ECCM capabilities that make them less susceptible to enemy electronic jamming attempts, can home in on targets within 10 seconds of reaching the anticipated impact zone.
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