Stocks to Track in Trade on June 6
- Infosys: Another top exit from Infosys. Prasad Thrikutam exited Infosys on Thursday. He was in charge of strategic sales, marketing and alliances. He was also head of Infosys, Americas. Infosys has lost at least 11 senior managers since executive chairman Narayana Murthy returned to the helm in June last year.
- United Spirits: Diageo's open offer to buy shares of United Spirits Ltd (USL) opens today. The open offer is to buy 26 per cent stake at Rs 3,030 per share. Diageo currently has close to 29 per cent holding in USL. The open offer will end on June 19.
- Praj Industries: Rakesh Jhunjunwala sells 1.42 crore shares (nearly 8 per cent) at Rs 75 per share in the company. HDFC mutual fund bought nearly 1.1 crore shares from the above deal. After this stake sale Rakesh Jhunjunwala owns nearly 0.45 per cent stake in Praj Industries.
- Mahindra & Mahindra: Mahindra & Mahindra to launch XUV 500 Sportz at Rs 13.68 lakh.
- Ranbaxy: In a relief to Ranbaxy European Drug Regulator said there is no risk to public health from Toansa Facility of Ranbaxy. The regulator said that they were satisfied that corrective measures put in place by the company were sufficient to ensure products at the site will be in compliance with good manufacturing practices and they will reinstate the GMP certificate that was suspended in January.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
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Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
