logo
Top stocks in focus on July 2: LTI Mindtree, Hyundai Motor, MOIL, JSW Energy, RITES and more

Top stocks in focus on July 2: LTI Mindtree, Hyundai Motor, MOIL, JSW Energy, RITES and more

Business Upturn12 hours ago
Indian benchmark indices Sensex and Nifty ended higher in a range-bound session on Tuesday, July 1, supported by gains in heavyweights like Reliance Industries and HDFC Bank. On July 2, several stocks are likely to remain in focus due to recent corporate and regulatory updates. Stocks in Focus
Karur Vysya Bank: Signed a bancassurance agreement with Kshema General Insurance for distributing non-life insurance products.
LTI Mindtree: Launched 'GCC-as-a-Service' to support the expansion of global capability centres for enterprises.
Lupin: Received US FDA approval for Loteprednol Etabonate Ophthalmic Gel, used post-eye surgery.
Ather Energy: Introduced Rizta S with a 3.7kWh battery offering an IDC range of 159 km.
Hyundai Motor: Reported total monthly sales of 60,924 units for June 2025, including 44,024 domestic and 16,900 export units.
NIBE Ltd: Received an order worth ₹22.66 crore for turret structure assemblies from a major infra and defence company.
Apeejay Surrendra Park Hotels: Signed hotel management agreements for THE Park Jaipur and Zone by The Park Govardhan.
Moneyboxx Finance: Launched 'Salaried LAP' loan product for salaried customers.
MOIL: Increased prices of all Ferro and Chemical grades by 2% over June 1 rates.
NHPC: Rajendra Prasad Goyal appointed Chairman and MD for a two-month term.
Keystone Realtors: To redevelop an 11.19-acre Mumbai project with expected revenue of over ₹4,500 crore.
Swiggy: Rolled out a new meal section in its app featuring ₹99 single-meal options.
JSW Energy: Green energy arm signed a battery storage project deal in Rajasthan.
Ceigall India: Subsidiary secured an order worth ₹1,199 crore from NHAI.
RITES: Secured a $3.6 million order from African Rail Company for overhauled locomotives.
Hero MotoCorp: Reported a 10% increase in June sales and launched the VX2 e-scooter with battery-as-a-service.
VMart: Posted a 12.6% YoY rise in operational revenue.
India Pesticides: Expanded formulation plant capacity by 3,500 MTPA, reaching 10,000 MTPA.
Cantabil Retail: Opened three new showrooms in June, raising its total to 607 outlets.
SRM Contractors: CARE Ratings upgraded the company's long-term credit rating.
Oil Marketing Companies: Awaiting finance ministry compensation for LPG-related losses, per petroleum minister's update.
Bajaj Hindusthan Sugar: Received ₹631 crore from Lalitpur Power Generation Company via buyback.
Zaggle: Entered a 5-year agreement with DTDC Express to provide Zaggle Zoyer and Save solutions.
Ellenbarrie: Motilal Oswal Mutual Fund acquired 20.95 lakh shares at ₹511.1 each.
Adani Enterprises: ADSTL completed acquisition of an 85.1% stake in Air Works.
South Indian Bank: Q1 FY26 business update shows gross advances of ₹89,201 crore, marking 8.02% YoY growth.
Havells India: CARE reaffirmed credit ratings for the company.
Maruti Suzuki: Reported total June sales of 1.68 lakh units against a poll estimate of 1.70 lakh.
JM Financial: Acquired 2.98% stake in JM Financial Credit Solutions for ₹88.97 crore.
JHS Svendgaard: Re-appointed Nikhil Nanda as Managing Director for five years from July 2, 2025.
Canara Bank: Shareholder Director Hemant Buch resigned effective July 1, 2025.
Zen Technologies: Acquired a 76% stake in TISA Aerospace, now a subsidiary.
Indian Energy Exchange: Appointed Dr. Puneet Chitkara as Head of Strategy effective July 1, 2025.
SML Isuzu: Set July 9, 2025, as the record date for FY25 final dividend of ₹18/share.
ITD Cementation India: Appointed Navneet Kabra as Senior VP – Operations.
Lloyds Metals & Energy: DRI production for Q1FY26 stood at 79,033 tonnes, a 3% YoY increase.
Ajooni Biotech: Re-appointed Jasjot Singh as MD for five years with revised remuneration.
Godrej Properties: Sold a 2.5% stake in Vivrut Developers to a promoter group entity for ₹8.63 crore.
Hyundai Motor: Posted a 6% YoY decline in June sales.
Kajaria Ceramics: JP Morgan Funds sold 8.85 lakh shares at ₹1,067.88 each.
Paras Defence: Promoter Sharad Virji Shah sold 1.56 lakh shares.
Aarti Pharma: Orchid Family Trust offloaded 5.3 lakh shares.
Fusion Microfinance: Promoter Devesh Sachdev sold 2.07 lakh shares.
Asian Paints: Under investigation by the Competition Commission of India for alleged abuse of dominant position. Corporate Actions & Dividends NDR Auto Components: Ex-date for dividend of ₹2.75/share is July 3.
VST Industries: Ex-date for dividend of ₹10/share is July 3.
Bharat Seats: Ex-date for dividend of ₹1.1/share is July 2.
Sika Interplant: Ex-date for dividend of ₹2.4/share is July 2.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Daniele Chiari Wins a 2025 Global Recognition Award for Excellence in Leadership, Innovation, and Mentoring in Government Hospitality
Daniele Chiari Wins a 2025 Global Recognition Award for Excellence in Leadership, Innovation, and Mentoring in Government Hospitality

Associated Press

time32 minutes ago

  • Associated Press

Daniele Chiari Wins a 2025 Global Recognition Award for Excellence in Leadership, Innovation, and Mentoring in Government Hospitality

Daniele Chiari received a 2025 Global Recognition Award, recognizing his exceptional culinary diplomacy and serving world leaders in Saudi Arabia. His 'Tastes Beyond Borders' movement bridges international cultures through innovative cuisine while mentoring emerging professionals and advancing government hospitality standards globally. New York, NY, United States, July 2, 2025 -- Italian culinary expert Daniele Chiari has been honored with a 2025 Global Recognition Award for his exceptional contributions to government hospitality and catering on an international scale. The award recognizes Chiari's influential leadership in bridging culinary traditions across cultures while serving at the highest levels of diplomatic protocol. His recognition comes when the global hospitality industry is experiencing unprecedented growth, reaching $4.9 trillion in 2024 and projecting continued expansion through 2025. Currently serving as culinary director for confidential government operations in Saudi Arabia, Chiari has spent over two decades building a distinguished career that spans multiple continents and prestigious hospitality establishments. His portfolio includes managing culinary services for visits by Russian President, Indian Prime Minister, Japanese Prime Minister, U.S. President, Chinese President and many more to Saudi Arabia. Leadership Excellence in International Diplomacy Chiari's award acknowledges his unique culinary diplomat position, orchestrating high-profile catering operations for world leaders and international summits. His approach combines traditional Italian culinary techniques with Middle Eastern and Asian influences, creating a unique fusion that respects cultural sensitivities while delivering world-class dining experiences. 'I am not just a chef. I am a cultural ambassador, educator, innovator, and leader,' Chiari stated regarding his recognition, emphasizing how his work bridges nations and sets new traditions. The precision required for diplomatic events, where cultural sensitivity and diplomatic protocol intersect with culinary excellence, represents a specialized field within the broader hospitality sector. His experience managing culinary operations during major Islamic conferences, Arab summits, GCC and International Summits, demonstrates the scale and complexity of his responsibilities. The demand for exceptional culinary leadership in diplomatic and luxury hospitality settings has intensified as international relations become increasingly complex and culturally nuanced. Innovation Through Cultural Integration A 2025 Global Recognition Award highlighted Chiari's innovation in creating the 'Tastes Beyond Borders' movement, representing a paradigm shift in how international cuisine can serve diplomatic purposes. His educational background includes tourism management credentials from the University of Hertfordshire and specialized training from institutions, including the International Business Management Institute. These qualifications reflect the multidisciplinary expertise required for his role, combining culinary artistry with business acumen and cultural intelligence. Chiari serves as an ambassador of Italian cuisine with well known culinary entities and the Euro Toques association in Saudi Arabia, where he has established mentoring programs that have influenced culinary talent development across the region. His commitment to education extends to his role as a partner with the Dinner Incredible group, where he organizes culinary events and cooking demonstrations that showcase international and Saudi cuisine standards. Last but not least, he actively participates in culinary conferences as an ambassador of both international and local Saudi cuisine, leading master classes and engaging in roundtable discussions with fellow chefs The restaurant industry's projected growth to $1.5 trillion in sales for 2025 highlights the economic significance of culinary leadership roles like Chiari's, with the industry expected to add 200,000 jobs and reach a total employment of 15.9 million. Mentorship and Industry Development Chiari's career progression through prestigious hotel chains, including Starwood, Rocco Forte, Rixos, Marriott, IHG and Hilton, provided the foundation for his current role overseeing culinary operations for government protocols. His journey from the Roman Castles region of Italy to the royal kitchens of Saudi Arabia exemplifies the global mobility that characterizes modern hospitality leadership. 'My story inspires chefs and professionals to dream beyond borders and use food as a language of peace,' Chiari explained, reflecting on his role as a mentor to emerging culinary professionals. The Global Recognition Awards evaluation process considered Chiari's comprehensive impact across leadership, innovation, and mentoring categories, with his scores reflecting exceptional performance in inspiring and motivating others. His position within the Club Des Chefs in 2023, an exclusive organization of chefs serving various international governments, places him among a select group of culinary professionals operating at the intersection of gastronomy and diplomacy. Alex Sterling from the Global Recognition Awards comments, 'Daniele Chiari representsthe modern culinary professional who understands that exceptional food service extends farbeyond the kitchen. His ability to navigate cultural complexities while maintaining the highest standards of culinary excellence exemplifies the type of leadership that drives our industry forward.' About Global Recognition Awards Global Recognition Awards is an international organization that recognizes exceptional companies and individuals who have contributed significantly to their industry. Contact Info: Name: Alex Sterling Email: Send Email Organization: Global Recognition Awards Website: Release ID: 89163720 In the event of detecting errors, concerns, or irregularities in the content shared in this press release that require attention or if there is a need for a press release takedown, we kindly request that you inform us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will promptly address your feedback within 8 hours and take necessary actions to resolve any identified issues diligently or guide you through the removal process. Providing accurate and dependable information is our utmost priority.

Bambrew secures $10.3m in funding to boost eco-friendly packaging
Bambrew secures $10.3m in funding to boost eco-friendly packaging

Yahoo

time42 minutes ago

  • Yahoo

Bambrew secures $10.3m in funding to boost eco-friendly packaging

Indian sustainable packaging startup Bambrew has secured Rs90 crore ($10.3m) in a recent funding round. The investment was spearheaded by Ashok Goel, previously managing director at Essel Propack. Japanese venture capital group ENRISSION INDIA CAPITAL also participated in the funding round. Serving more than 500 clients, including Shoppers Stop, Puma, and Global Desi, Bambrew plans to use the funds to enhance production twofold and expand into North America and the Middle East. Bambrew founder Vaibhav Anant stated that the capital will advance research and increase manufacturing to phase out plastic globally. The company focuses on replacing plastic with sustainable materials such as bamboo fibre, seaweed, agricultural waste, and recycled paper. Its products are claimed to be home-compostable, serving as an ideal alternative to single-use plastics. The company's range includes garment bags and recyclable films to substitute aluminium laminates. Bambrew co-founder Kunal Prasad noted plans to develop new products and bolster operations within the next year. Operating in the B2B sector, Bambrew also intends to enter the D2C market. This move will enable consumers to access the company's sustainable packaging for home use. Last April, Bambrew secured nearly $7.19m in equity and debt through a Series A funding round. The company also said it plans to expand its team to support its aforementioned initiatives. "Bambrew secures $10.3m in funding to boost eco-friendly packaging" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati

Indian court allows Crocs to pursue infringement challenges
Indian court allows Crocs to pursue infringement challenges

Yahoo

timean hour ago

  • Yahoo

Indian court allows Crocs to pursue infringement challenges

By Arpan Chaturvedi NEW DELHI (Reuters) -An Indian court has revived nine-year-old lawsuits filed by Crocs Inc which accused several Indian companies of launching footwear identical to its popular rubber clogs, allowing the U.S. firm to press ahead with its infringement challenges. The court's announcement late on Tuesday comes just as another international brand, Prada, is facing heat in India for showcasing sandals during a Milan fashion show which were similar to Indian ethnic footwear, sparking a nationwide furore. Prada later acknowledged they were inspired by Indian designs. Crocs had sued six companies including Switzerland-based Bata's India unit as well as local players Relaxo and Liberty for allegedly copying the shape of its footwear but an Indian court had said in 2019 that the case could not be taken up citing technical grounds. Crocs however filed an appeal in which the high court on Tuesday gave it permission to pursue the case saying "the dismissal of Crocs' suits cannot sustain in law." In the original court challenge, Crocs said the rivals should be restrained from selling the footwear which it called an obvious imitation of its rubber clogs. Liberty, one of the companies sued by Crocs, argued that Crocs was not the originator of the designs and it too had merely copied the clog shape of footwear in use by others much prior. Launched in Colorado in 2002, Crocs' quirky, bright and comfortable resin shoes quickly attracted a cult following. Over the years, they have become popular in India, where they are sold across several footwear stores. India's footwear market is set to be worth $33.86 billion this year, according to market research firm Statista, and 97% of the market is dominated by non-luxury footwear.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store