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Bajaj Auto's Rs 5,633 Crore Share Buyback Opens: Key Details for Investors
Bajaj Auto's Rs 5,633 crore share buyback began on Wednesday, aiming to repurchase 46.94 lakh shares at Rs 12,000 each. The offer, open until July 7, targets up to 1.68% of paid-up share capital, with June 24 set as the record date for eligible shareholders.
IndiGo Launches 'IndiGo Lite' Budget Fare for Cabin Baggage Only Travelers
IndiGo introduces 'IndiGo Lite', a new budget Economy Class fare for travelers with only cabin baggage. Available from July 1 for travel starting July 15 on direct bookings, it includes a 7kg baggage allowance and a complimentary seat, with options to purchase add-ons separately.
CA Day: Commemorating India's Chartered Accountants and Their Crucial Role
CA Day, observed annually on July 1, marks the establishment of the Institute of Chartered Accountants of India (ICAI) in 1949. The day honors Chartered Accountants for their vital contributions to India's financial system, emphasizing their roles beyond tax filing to upholding financial integrity and ethical standards.
Commercial LPG, ATF Prices Slashed; Petrol, Diesel Also See Reductions
State-run oil companies cut commercial LPG by Rs 183.5 and ATF by Rs 5 per litre. Nayara Energy reduced petrol by Rs 5 and diesel by Rs 3. Prices of domestic LPG, CNG, and petrol/diesel from state-run firms remain unchanged.
EPFO Services Unavailable Until July 1, 2026, Due to System Migration
EPFO services, including online claim submissions and passbook downloads, will be unavailable from June 26 to July 1, 2026, due to a system migration. Members can check their EPF balance via a missed call if their UAN is linked with Aadhaar, PAN, and bank details.
Microsoft Reportedly Preparing Another Round of Layoffs
Microsoft is reportedly planning another round of layoffs, expected to affect sales, consulting, and Xbox division roles. The cuts, potentially impacting less than 2.5% of its workforce, aim to control costs amid AI investments. A voluntary retirement program was also introduced earlier this year.