Manohar International Airport, Goa’s second commercial aviation hub, has reached a major milestone by welcoming its 10 millionth passenger since operations began just over two years ago. Developed and managed by GMR Goa International Airport Ltd (GGIAL), the facility is rapidly becoming a preferred gateway for both domestic and international travelers.

Mumbai-based private equity firm True North has fully exited its investment in Zydus Wellness, selling its remaining 7.27% stake for Rs. 879 crore via a block deal on the National Stock Exchange. The stake was acquired by PPFAS Mutual Fund, reflecting growing institutional interest in the consumer health segment. Separately, TVS Motor Company increased its holding in TVS Supply Chain Solutions from 4.37% to 5.26% in a Rs. 57 crore transaction, purchasing shares offloaded by NBFC Authum Investment & Infrastructure.

In a remarkable show of market strength, real estate giant DLF Ltd has sold all 1,164 luxury residences in its newly launched ‘DLF Privana North’ project for approximately Rs. 11,000 crore—within just one week. Situated in Gurugram's booming Sectors 76 and 77, the project is part of a sprawling 116-acre integrated township and comprises high-rise 4BHK apartments and penthouses. This record-setting sellout continues DLF’s momentum in India’s premium housing market and aligns with its strategic guidance of Rs. 20,000–22,000 crore in sales bookings for FY25.

Tata Power Renewable Energy Ltd (TPREL) has launched an innovative rooftop solar initiative in Odisha under its flagship ‘Ghar Ghar Solar’ campaign, aimed at making solar energy accessible and affordable to households across the state. With upfront costs starting as low as Rs. 2,499 for a 1 kW system and backed by central and state subsidies, the programme is designed to accelerate solar adoption among residential users.

Reddit has announced Indian cricket icon Sachin Tendulkar as its brand ambassador in a strategic move aimed at expanding its sports-centric community engagement, particularly in India. The partnership will see the “Master Blaster” share exclusive content, personal stories, and cricket insights through his official Reddit profile. Tendulkar will also feature in upcoming marketing campaigns targeting both domestic and global audiences. The move comes as Reddit experiences a 30% year-on-year surge in sports-related activity, reflecting the platform's intensified focus on sports fandom.

MakeMyTrip has announced a USD 2.5 billion fundraising effort through a dual offering of ordinary shares and convertible bonds, aimed at significantly curtailing the influence of Chinese travel giant Trip.com Group within the company. The capital will be deployed primarily for a strategic share repurchase, bringing Trip.com’s voting rights down from 45.34% to 19.99% and reducing its board representation from five to two.

Birla Tyre, once a prominent subsidiary of the BK Birla Group, has reemerged under new ownership with a fresh brand identity, a revamped logo, and a revitalized corporate strategy. Following its acquisition by a consortium led by Himadri Speciality Chemical Ltd (HSCL) and Dalmia Bharat Refractories, the Kolkata-based company aims to reestablish itself as a modern, high-performance tyre manufacturer.

Glenmark Pharmaceuticals announced that its Monroe, North Carolina manufacturing plant has received a Form 483 from the United States Food and Drug Administration (USFDA) following a routine inspection. Conducted between June 9 and June 17, 2025, the inspection resulted in five procedural observations, with no findings related to data integrity. Glenmark emphasized its commitment to addressing the issues in a timely manner, in cooperation with the regulatory agency. While the regulatory scrutiny garnered attention, the company’s stock remained stable, edging up 0.22% to close at Rs.

PNGS Reva Diamond Jewellery, a prominent player in India’s organised jewellery retail sector, has filed draft papers with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs. 450 crore. The IPO will comprise a fresh issue of equity shares, with proceeds earmarked for aggressive retail expansion, marketing campaigns, and general corporate needs. With 33 operational stores across Maharashtra, Gujarat, and Karnataka, the Pune-based firm aims to open 15 new stores by FY28.

In a transformative move aimed at addressing last-mile transport gaps, the Tamil Nadu government will officially launch a revamped mini-bus scheme on June 17. With Chief Minister M.K. Stalin leading the inauguration in Thanjavur and simultaneous rollouts across districts, the initiative will bring 2,084 new mini-bus routes into operation statewide. For the first time, private operators will be permitted to run mini-buses within Greater Chennai Corporation limits (excluding the city core).