Maharashtra Corporation's Board during its December 13, 2021 meeting advocated the issue of equity shares of the company with a face value of Rs. 1 each via rights issue for a total amount not surpassing Rs. 49.90 crores. The following has been approved at its board meeting held on June 15, 2022. The Company also fixed 08th July 2022, Friday as the record date for the mentioned purpose.

Intel India on Friday inaugurated its latest facility in Bengaluru. The microprocessor developer's new centre is spread across 4.53 lakh sq. ft of space across two towers, and can host about 2,000 staff. It targets to enhance engineering work in client, data centre, IoT, graphics, AI and automotive segments. The design centre is the second-largest globally and the biggest in Asia.

G2G collaborated with TripleA, to enable their users to carry out purchases on their website with cryptocurrency. This collaboration has been signed thanks to the huge demand for crypto payments within the gaming industry. The tie-up will enable G2G’s 2.7 million users to shop for in-game items and services in addition to multiple digital goods using Bitcoin, Tether, and Ethereum.

Bank of India (BOI) has revised the interest rates on fixed deposits below ₹2 crore after a notification issued on June 23, 2022. Following the rate modification, the public sector lender is now offering an interest rate of 2.85% to 5.5% on deposits ranging from seven days to ten years. The maximum interest rate of 5.5% can be secured in FDs with a tenure of 444-days.

Kyndryl, which is an infrastructure services provider has declared that it has tied up with Oracle Cloud Infrastructure to allow its users to speed up their cloud journey. Further, Kyndryl has stated that it has become a delivery partner for Oracle. Under this partnership, Kyndryl intends to provide a broad range of new services that will support Oracle tech to assist firms modernise.

Nazara Technologies shares closed 20% higher on June 24 after the stock adjusted for the bonus issue. The online gaming company, on May 13, declared a bonus issue in the ratio 1:1. The record date for the bonus issue has been finalised as June 27. It suggests an investor owning a share of Nazara Technologies by the closing of June 27 is eligible to receive the bonus share.

A few members of the cabin crew at Ryanair staged a strike in Belgium, Spain, and Portugal on Friday over a dispute regarding pay and working conditions. The aforementioned strike has caused limited disruption as the budget airline canceled several flights. This move by the airline rendered hundreds of passengers stranded.

The pioneer to carry out 3D Cities in India, Aurionpro Solutions has informed that the Rajasthan Government has expanded the coverage of the 3D Cities project with the help of RajCom Info Services. Currently, the Govt has placed a further order to include more regions of Jaipur city on the 3D City Platform. The order achieved is worth around ₹25 crores and will be executed within 7 months period.

📢 Benchmark indices CLOSED on a positive note for the second consecutive day on June 24 with the Nifty ending near 15,700. 📊 At 3:30 PM, the Sensex improved by 462.26 points or 0.88% at 52,727.98, and the Nifty surged by 142.60 points or 0.92% at 15,699.30. 👉 Among sectoral indices, Nifty PSU Bank (🔼1.98%), Nifty Auto (🔼1.97%) and Nifty Metal (🔼1.63%) witnessed considerable buying today.

As per the recent yearly report of Raymond Ltd, the group targets to be a net debt-free firm in three years. To achieve the aforementioned aim, the company is focused on liquidity management with cost trimming initiatives and working capital optimization. Additionally, the net debt-to-equity ratio of the fashion retailer has also reduced to 0.4 in FY22 from 0.8 in FY20.

CoinMarketCap data revealed that Harmony's ONE token has plunged by over 10% on Friday, and is presently trading at $0.02416. This was noticed after the Company confirmed that hackers have struck layer 1 blockchain Harmony's Horizon bridge, stealing $100 million in cryptocurrency. The culprit had been identified currently and the Harmony team are trying to retrieve the stolen funds.

Tata Consultancy Services confirmed that TCS OmniStore has achieved the Omnichannel Technology of the Year award. The IT Service major secured this award for offering a seamless omnichannel customer experience across channels. TCS OmniStore enables frictionless, personalized, and unified shopping experiences regardless of the location and time users select to engage with retailers.

The downfall in the market cap of cryptocurrencies has not deterred crypto enthusiasts from making investments in the crypto assets of their choice. This love for cryptos has given rise to crypto ATMs, where individuals can buy or sell their digital assets. In line with this, America’s biggest Hispanic supermarket chain Cardenas Markets has undertaken the installation of over 50 crypto ATMs.

The Federal Bureau of Investigation (FBI) and multiple cybersecurity companies have initiated probes into the US$100 million hack suffered by Harmony Protocol’s Horizon cross-chain bridge. It is noteworthy that the Horizon bridge aids its users in transferring cryptocurrencies and assets from the layer 1 blockchain of Harmony to Ethereum, BNB Chain, and Bitcoin.

Tata Chemicals Europe on Friday inaugurated UK’s first industrial-scale carbon capture and usage facility. It appears to be a crucial milestone for the Tata Group as it concluded 20 million pound investment by Northwich-based Tata Chemicals Europe to set up the unit. Following this, the company will now be able to produce one of the world's lowest carbon footprints sodium bicarbonate.