Happiest Minds unveiled its RelAIBuild and ADLC platforms, while Infosys successfully completed the CMMI AI Maturity pilot. Separately, Rajneesh Narai…
1/11Vedanta Ltd | Four companies demerged from Vedanta will debut on the NSE and BSE on June 15, marking a key step in the group’s restructuring aimed at unlocking shareholder value. Vedanta Aluminium Metal Ltd. (VAML), Vedanta Power Ltd. (VEDPOWER), Vedanta Iron and Steel Ltd. (VISL), and Vedanta Oil and Gas Ltd. (VOGL) will be listed on both exchanges and will participate in a special pre-open session for newly listed firms before regular trading begins.
2/11In a block deal in Lens cardKotak Mahindra MF bought 1.2 crore shares worth ₹591 crore, while Canara Robeco MF purchased 32 lakh shares for ₹158 crore and the National Pension System Trust acquired 50.6 lakh shares worth ₹248 crore. Other buyers included Franklin Templeton MF, Mirae Asset MF, and HDFC Life Insurance among others. The shares were sold at an average price of ₹490 apiece, with Platinum Jasmine raising ₹1,960 crore through the sale of 4 crore shares in the company.
3/11Happiest Minds Technologies | IT services company launched Rel(AI)Build, its proprietary Agentic AI development platform, along with the Agentic Development Lifecycle (ADLC), a framework aimed at embedding artificial intelligence across the entire software development lifecycle. The company said the platform and methodology are designed to help enterprises accelerate software development, improve productivity, and enable AI-driven automation throughout the development process.
4/11Promoter entity Vidhi S Khandelwal sold 44.87 lakh shares (3.94% equity) in GNG Electronics for around ₹175 crore at an average price of ₹390 per share. Institutional investors including Mirae Asset Mutual Fund, ITI Mutual Fund, Goldman Sachs, Edelweiss Mutual Fund and Trust Mutual Fund picked up shares worth about ₹25 crore each, while Mobius Investment Trust bought nearly 5 lakh shares for ₹19.3 crore. The deal highlights strong institutional interest in the stock.
5/11Infosys | The IT firm has completed a pilot assessment of the CMMI AI Maturity (AIM) Framework, a model developed by the CMMI Institute to evaluate AI deployment and governance. The assessment analysed AI-enabled software development, maintenance, testing, and support across Infosys’ service lines and delivery centers.
6/11SBI | The Government has appointed Sanjay Lohiya as a Director on the Board of SBI with immediate effect.
7/11IRCTC | The railway firm Rajneesh Narain has been appointed as the Director (Finance) of IRCTC with immediate effect.
8/11Sagility | Sagility has acquired US-based healthcare analytics firm CareSeed for up to $30 million to strengthen its AI-led quality operations and Medicare Advantage capabilities. The deal includes an upfront payment of $17.5 million and contingent consideration of up to $12.5 million, linked to revenue growth milestones.
9/11Dabur | The US FDA has issued an import alert for drugs manufactured at a section of Dabur India’s Silvassa facility after an inspection flagged deficiencies related to data integrity and maintenance. The alert restricts the entry of affected products into the US market.
10/11Astral Ltd | Building materials company announced that its wholly-owned subsidiary, Astral Chemie Ltd, has signed definitive agreements to acquire a 60% partnership interest in Differentiated and Sustainable Solutions LLP (DSS). The acquisition is valued at an aggregate consideration of ₹39.11 crore.
11/11SP Apparels Ltd | The company has signed a loan agreement to provide up to GBP 4,000,000 (approx. ₹51.2 crore) to its wholly-owned subsidiary, SP Apparels (UK) (P) Ltd, for its business operations. The loan features a 9% annual interest rate and a tenure of up to 3 years (or payable on demand).
