India Inc pitches for consistency in policy making despite complexities of coalition rule

A day after Narendra Modi secured his third straight term in office of the prime minister, continuity in reforms and consistency in policy decisions despite the complexities of a coalition government emerged as the key concern for India Inc. Many senior executives that Moneycontrol spoke to shared hopes for the new government to prioritise infrastructure development and domestic manufacturing in crucial sectors through initiatives like production-linked incentives. Read more here

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Aimtron Electronics IPO to list on NSE SME
Associated Coaters IPO list on BSE SME
Zee to consider raising of funds
SpaceX to launch Starship Rocket
Vivo X Fold 3 Pro India launch
OnePlus 12 Glacier White color variant sale begins in IndiaTomorrow
RBI monetary policy meeting
Rahul Gandhi told to appear before Bengaluru court in defamation case
NDA meeting to discuss government formation
Sattrix InfoSec IPO subscription to end
Magenta Lifecare IPO subscription to end
TBI Corn IPO to debut on NSE SME

Heritage Foods, Amara Raja zoom up to 20%; here's why

Shares of Telugu Desam Party (TDP)-related firms like Heritage Foods and Amara Raja Energy & Mobility soared up to 20 percent on June 5. The sharp rally came after news reports of TDP chief Chandrababu Naidu is poised to become Andhra Pradesh Chief Minister after the regional party's landslide victory in election and he might support National Democratice Alliance (NDA). Read more here

NDA leaders pledge support for PM Modi's efforts to eradicate poverty, his vision for Viksit Bharat

The BJP-led National Democratic Alliance (NDA) leaders lauded Prime Minister Narendra Modi’s efforts towards poverty eradication in the country and pledged to continue the work during the discussions held at the PM’s residence on June 5, sources said. The NDA partners in the discussions at the PM residence said that Modi has a clear vision for Viksit Bharat and they are partners in this goal, sources said. Read here

From angel tax removal to funding boost, startups and VCs pin hope on Modi Government 3.0

India's startup founders and venture capital investors are placing their hopes on Modi Government 3.0, anticipating ongoing support through favourable policies, funding boost, and the repeal of the angel tax after the BJP-led National Democratic Alliance won the Lok Sabha elections on June 4. Read here

Equity mutual funds meltdown: The biggest losers on the day of Lok Sabha election results

All equity-oriented mutual fund categories were battered on June 4 after it became clear that the BJP won't go past the majority mark on its own and would be heavily dependent on support from allies, with investors being jittery about the stability of the government and 'compulsions' that a coalition regime might face. However, experts advise investors not to be swayed by short-term gyrations and focus on long-term investment goals instead. Read here

Upcoming smartphones in June 2024: Xiaomi, Vivo, Realme, and more

The smartphone market is gearing up for a busy month in June 2024, with several major brands set to launch new devices. Vivo, Xiaomi, Motorola, Oppo, OnePlus, and other brands have confirmed or are anticipated to launch new phones, including foldables, mid-range, and budget models. Details here