Stocks to watch: Yes Bank, Vodafone Idea, ITC, Adani Group, Grasim Industries among shares in focus today

Yes Bank shares will remain in focus once again today as its board is scheduled to meet to discuss a potential fundraising plan.
Vodafone Idea (VIL) stated that it is in discussions with the central government to resolve the AGR matter, with CEO Akshaya Moondra expressing confidence that there is no justification for the government to be restricted in providing relief.
Biocon has been granted approval to market the diabetes medication Liraglutide in India.
Jindal Stainless announced that it has acquired a 33.64% equity stake in a special purpose vehicle (SPV) formed to build a 282 MW hybrid renewable energy project aimed at powering its manufacturing facilities.
On May 28, US-based investment firm GQG Partners boosted its holdings in ITC Ltd, a leading Indian consumer goods company, by executing a bulk deal.
HCL Tech revealed a strategic alliance with UiPath aimed at fast-tracking Agentic Automation for businesses worldwide.
True North, a private equity firm, along with Niva Bupa Health Insurance CEO Krishnan Ramachandran, sold a total of 10 percent stake in the health insurance company for ₹ 1,507 crore via open market deals.
The Adani Group is once again being investigated by the U.S. Department of Justice, according to the Wall Street Journal (WSJ), this time over allegations of importing Iranian liquefied petroleum gas (LPG) into India via the Mundra port.
Aditya Birla Group's main holding company revealed that its Finance Committee has given the green light to issue non-convertible debentures (NCDs) totaling up to ₹ 1,000 crore.
An Ahmedabad-based firm announced that it has entered into a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte Ltd, a subsidiary of the global energy giant BP, to supply up to 0.41 million tonnes per annum (MTPA) of liquefied natural gas (LNG) between 2027 and 2036.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

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Indian Express

31 minutes ago

• Indian Express

Delhi govt mulls bringing back private liquor vends under new excise policy

Private players could make a comeback in Delhi's liquor shops. The Delhi BJP government, which is preparing a new excise policy, is considering reintroducing private liquor shops in the Capital — just as it was in the old excise regime before 2021. The government plans to implement the new policy by July 1 with an aim to increase revenue, curb corruption and bring transparency. According to sources, the government is likely to provide licences to private players to provide a good walk-in experience for customers. 'About 100-150 private liquor shops, mostly in malls and other premium locations, are being considered. The numbers will be finalised once the policy is ready. The modalities of how to issue the licence, whether through an e-auction or e-lottery, are currently being discussed. A meeting of a high-level committee set up to prepare the policy, which is headed by the Chief Secretary, was also held on Friday. Issues such as the number of shops, licensing, etc, were discussed,' sources said. Under the pre-2021 policy, both government and private liquor shops operated in Delhi. In November 2021, the government — the AAP was in power at the time — had exited the liquor business and handed things over to private vendors, with an aim to cut down corruption. The policy soon ran into controversy and investigations by multiple agencies like the Enforcement Directorate and the Central Bureau of Investigation. In 2022, the government scrapped this policy and brought back the old excise regime — but only liquor shops run by government corporations were allowed to operate. Almost all top AAP — including former chief minister Arvind Kejriwal, AAP Rajya Sabha MP Sanjay Singh, and former deputy chief minister Manish Sisodia — were jailed in the case. Currently, a major issue facing Delhi is the unavailability of popular and good quality brands of whisky, beer, vodka, gin, and several others. 'Some popular brands are not in Delhi as their parent company was blacklisted from selling liquor in the national capital following complaints of irregularities and court cases during the implementation of the now-scrapped liquor policy… Less popular brands have entered the scene, which has pushed customers to neighbouring states… The government is planning to increase the availability of popular brands and is likely to reintroduce some that are currently not available in Delhi shops…,' said sources. Popular choices like Chivas Regal, Blenders Pride and Royal Stag, part of the Pernod Ricard brand, are not available in Delhi. Pernod Ricard India's application for an L-1 licence was rejected earlier. Benoy Babu, a regional manager at PRI, was a witness in the CBI's excise case. Babu was eventually arrested by the ED. Meanwhile, discussions on rationalising brand licence fees and retail margins are also underway, said sources, adding that excise duty and retail licensing are also likely to be increased under the new policy. 'The retail margin cap is Rs 50 for Indian-Made Foreign Liquor and Rs 100 for foreign liquor. This is on a per-bottle basis. Government-run shops have monopolised the retail business by pushing less popular brands at the range of Rs 400 to Rs 600, instead of stocking premium brands. Also, cheaper brands sell fast… Thus, discussions are on to rationalise these margins to increase revenue as well as make premium brands available for customers,' said sources. Industry sources said private retailers have started searching for properties in the city to set up shop. Currently, there are over 700 liquor shops in Delhi run by the four government corporations — Delhi Tourism and Transportation Development Corporation, Delhi State Industrial and Infrastructure Development Corporation, Delhi Consumer's Cooperative Whole-sale Store and Delhi State Civil Supplies Corporation. The Excise Department has asked the four corporations to carry out document validation online by June 30. Last week, Chief Minister Rekha Gupta said several reforms will be incorporated into the new policy, including scientific testing of liquor quality, digitisation of the sale system, curbing illegal sales, and ensuring transparency in the licensing process. The high-level committee is also studying policies implemented in Delhi earlier and those in neighbouring states.

Time of India

35 minutes ago

• Time of India

Souls in Sync: Thousands stretch, bend for good health

New Delhi: Over 2,000 yoga enthusiasts gathered at Kartavya Path, their voices rising in unison with the chant of 'Om'. International Yoga Day 2025 unfolded as a vibrant display of unity and mindfulness, organised by the New Delhi Municipal Council (NDMC). The morning began with a live telecast of the Prime Minister's address from Visakhapatnam, which set the tone for the 11th edition of the celebration. In the presence of union health minister, JP Nadda and NDMC vice Chairman, Kuljeet Singh Chahal, the session was led by Acharya Pragya Sagar in collaboration with the Morarji Desai National Institute of Yoga. Addressing the crowd, Nadda said, "People around the world are doing yoga to stay healthy, and more and more people have started practising yoga in the past ten years." NDMC made seamless arrangements across eight locations, including mobile toilets, healthcare services, and drinking water. Additionally, yoga protocol events were organised at NDMC Old Age Home and Working Women's Hostel, among other venues. Participants from all walks of life took part, including both amateurs and seasoned practitioners, moving together through poses ranging from basic neck stretches to advanced ones like Trikonasana. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Octogenarian Vipin Parmar, seen performing Kati Chakrasana, said, "Yoga is the ultimate lifeline. We don't realise it when we're young, but as we grow older, we understand that it is a gift from our Indian tradition." Similar scenes could be seen at Lodhi Garden, where children aged 6 to 9 joined their parents. "As a woman, yoga has made my life more manageable. Even daily chores feel easier now," said Suman Singh, 58, who had earlier attended another yoga camp at Pandara Road. Apart from NDMC, the Delhi Development Authority and the Municipal Corporation of Delhi (MCD) also held yoga sessions across the city. At Baansera, lieutenant governor Vinai Kumar Saxena performed various yoga poses to showcase its wide-ranging benefits. Delhi Mayor Raja Iqbal Singh joined an MCD-led session and urged parents to instil yoga habits in children, saying, "Yoga is not just an exercise but a lifestyle. It is a priceless heritage of Indian culture, and everybody should do it regularly." The historic Purana Qila in the capital also witnessed the celebrations of the International Day For Yoga, in a joint collaboration between the ministry of culture and the Archaeological Survey of India (ASI). Marking a confluence of heritage and ancient tradition, the ASI marked the day by organising yoga sessions at 81 monument sites across the country. From Adalaj Ki Vav in Gujarat to the Sun Temple in Konark, these architectural wonders served as backdrops for mass yoga participation by people of all ages.

The Hindu

44 minutes ago

• The Hindu

FATF report links dual-use cargo seized by India in 2020 to Pakistan missile agency

A dual-use equipment seized by India from a Pakistan-bound merchant vessel in 2020 is linked to Islamabad's National Development Complex, which is involved in the country's missile development programme, a new report by the Financial Action Task Force (FATF), the global anti-terror financing watchdog, has said. The report listed the case under a section on the misuse of the maritime and shipping sectors, including to transport a range of commodities, including dual-use equipment. 'In 2020, Indian Customs authorities seized an Asian-flagged ship bound for Pakistan. During an investigation, Indian authorities confirmed that documents mis-declared the shipment's dual-use items,' the FATF report said. 'Indian investigators certified the items for shipment to be 'autoclaves', which are used for sensitive high-energy materials, and for insulation and chemical coating of missile motors,' the report said. It said these sensitive items are included in dual-use export control lists of the Missile Technology Control Regime (MTCR). The bill of lading of the seized cargo provided evidence of the 'link between the importer and the National Development Complex, which is involved in the development of long-range ballistic missiles', it said. The export of equipment such as autoclaves without formal approval from various authorities is a violation of the existing law, the FATF said. Pakistan's National Development Complex (NDC) has played a crucial role in the development of Pakistan's missile programme. India seized the dual-use equipment from merchant vessel Da Cui Yun at Kandla port in Gujarat on February 3, 2020. Loopholes The report noted significant vulnerabilities in the global financial system in countering the financing of weapons of mass destruction (WMD). "Despite the grave threat posed by proliferation financing, only 16 per cent of countries assessed by the FATF and its global network have demonstrated high or substantial effectiveness" in a process that evaluates the implementation of targeted financial sanctions under the United Nations Security Council resolutions on proliferation. The report said that unless the public and private sectors urgently bolster technical compliance and effectiveness, those seeking to finance WMD proliferation will continue to exploit weaknesses in the existing controls. The report provided a detailed analysis of the evolving methods and techniques used to evade proliferation financing-related sanctions. 'Illicit actors are employing increasingly sophisticated methods to evade sanctions and circumvent export controls,' it said.