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Disposable diapers are a massive environmental offender. Roughly 300,000 of

Soon, one doll became two, and then the island was

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Disposable diapers are a massive environmental offender. Roughly 300,000 of them are sent to landfills or incinerated every minute, according to the World Economic Forum, and they take hundreds of

Soon, one doll became two, and then the island was flooded with hundreds of these dolls as Julián began collecting discarded dolls and hanging them here. He also claimed he

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025, the central bank said in an official release on Tuesday.Before

Some 60 km from Bengaluru lies a quick peaceful retreat which is blessed with immense natural beauty and it is known as Nandi Hills. This scenic hill station is set

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Hero Motors IPO: Hero Motors has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) with an

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Hero Motors IPO: Hero Motors has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) with an

MUMBAI: Shadowfax has filed draft IPO papers with markets regulator Sebi through the confidential filing route. The company is seeking to raise up to Rs 2,000-2,500 crore comprising a mix

HDB Financial Services, the non-banking finance arm of HDFC Bank, will make its stock market debut on Wednesday with grey market activity indicating a strong listing. According to ET, the

New Delhi, The Competition Commission of India (CCI) on Tuesday ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sale of

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NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to

BSE Sensex rejig: BEL to replace IndusInd Bank, Tata Group’s Trent to oust Nestle from June 23, 2025

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BSE Sensex rejig: BEL to replace IndusInd Bank, Tata Group’s Trent to oust Nestle from June 23, 2025
The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session. (AI image)

BSE Sensex rejig: Tata Group’s retail arm Trent is all set to replace FMCG giant Nestle India whilst defence PSU Bharat Electronics Limited (BEL) will replace IndusInd Bank in the BSE Sensex following the index rejig, which takes effect from June 23, 2025.The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session.The removal of Nestle India from the index follows its poor stock performance. The FMCG company’s share price has declined by approximately 5% in the previous year, falling behind Nifty’s 9% gains during the same period. In contrast, Trent has surpassed the primary index, delivering 15% returns over the past 12 months.The defence sector PSU stock BEL has demonstrated even stronger performance with stability, achieving returns of 35% during the previous 12-month period.IndusInd Bank’s share has declined more than 40% in the past year. The bank reported its first loss in 20 years, amounting to Rs 2,329 crore, alongside discovering a suspected internal staff fraud of Rs 172.58 crore, which was incorrectly recorded as fee income across three quarters. Consequently, analysts are downgrading the stock and reducing target prices.The BSE 100 index will undergo changes with Dixon Technologies (India), Coforge and Indus Towers being included, whilst Bharat Forge, Dabur India and Siemens will be removed.In the BSE Sensex 50 modification, InterGlobe Aviation, which operates Indigo airlines, will take Britannia Industries’ position, and Shriram Finance will replace Hero MotoCorp.





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