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The deal that the firm had cut with many wealthy individuals, including professionals, real estate players, and a few farmers in the region to raise money has backfired amid a fall in the price of labgrown diamonds. The outstanding dues would be in the region of Rs 500 crore, three persons in the diamond market told ET.

In its notified rules, the capital market regulator Securities and Exchange Board of India (Sebi) has said that agreements that subsist as of the date of notification are to be disclosed to the stock exchanges. It was earlier understood that only prospective agreements must be disclosed, not retrospective.

The decision is expected to impact gaming volumes besides slowing down future foreign investment and the viability of gaming companies - especially in the start-up space - that have recorded impressive growth in recent times, said analysts. The 28% levy is the highest standard rate and typically covers most luxury items.

​​In the auto and auto ancillary sector, analysts estimate that the execution of strong order books and increasing electric vehicle penetration have kept investors’ interest intact in select stocks.

"There is near-term softness because of uncertainty," said K Krithivasan at his first earnings call as managing director and chief executive of TCS. "Some of the low-return on investment (RoI) and non-critical investments are getting paused, deferred or re-prioritised."

Talks are at an early stage, and Arm is not looking to sign any other commercial agreements beyond a financial infusion from investors, sources says. SoftBank had been planning to sell Arm to US chip designer Nvidia in a deal worth up to $80 billion, but that fell through last year due to objections from U.S. and European antitrust regulators. It has been targeting an IPO for the unit since then

The board has recommended an interim dividend of R 10 a share. The company has fixed the record date as July 20 for the dividend payment.

Power Finance Corporation has filed a draft shelf prospectus offering Rs 10,000 crore ($1.34bn) in non-convertible debentures (NCD). The NCDs will be issued in one or more tranches, with at least 75% of the proceeds put towards lending, financing, refinancing or general payment purposes. The rest is earmarked for general corporate purposes.

Data showing that inflation has scooled further in June lift investor hopes that the Federal Reserve is nearing the end of its monetary tightening cycle

Governor Shaktikanta Das discussed issues relating to strengthening credit underwriting standards, monitoring of large exposures, implementation of External Benchmark Linked Rate (EBLR) guidelines, bolstering IT security and IT governance, improving recovery from writtenoff accounts, and timely and accurate sharing of information with credit information companies.