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2025-06-16 11:47:03| The Economic Times

Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has experience in the automotive industry. Kering hopes he can improve their performance. The company's shares have decreased in value. Gucci's performance has been underwhelming.

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2025-06-16 10:42:49| The Economic Times

UltraTech Cement must divest approximately 7% of its India Cements stake, valued at over 667 crore, to comply with SEBI's minimum public shareholding norms after an oversubscribed open offer increased its stake beyond the regulatory limit. India Cements has until February 2026 to meet the 25% public shareholding requirement through various methods.

Category: News and Media

2025-06-16 10:38:08| The Economic Times

Samir Arora of Helios Capital discusses the Indian market, noting IPOs trading below issue price and block deals. He believes market strength drives selling, not the reverse, and sees limited logic for significant market gains beyond 10-15%. Arora emphasizes bottom-up stock picking, seeking companies with strong earnings growth amidst a moderately positive economic backdrop, focusing on sectors with less disruption.

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17.06 Oil rises, US futures drop on Trump Tehran warning 17.06 Kinara Capital seeks equity capital to overcome debt challenges 17.06 FPIs push for extended license tenure and CAS in India 17.06 Rupee holds steady at 86.06 amid RBI Intervention 17.06 Chicago Fire unveil detailed look of proposed stadium for South Loop 17.06 Why are Indian MFs struggling to find skilled short-sellers? 17.06 Can equities sustain their rebound amidst ongoing Middle East conflict? 17.06 Why Ukraine is one of the world's most digital countries More »