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Saturday, July 5, 2025

Bears hit top 10 firms’ worth by Rs 70k cr; HDFC Bank, ICICI Bank among worst losers

Amid global uncertainty, six of India's top ten companies, including HDFC Bank and ICICI Bank, saw a collective market valuation loss of Rs 70,325.5 crore last week. The BSE Sensex fell due to FPI outflows and anticipation of US tariff talks. Reliance Industries and Infosys, however, bucked the trend with gains.

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...