If you are keeping an eye on the stock market, here’s a quick overview of companies making news today- June 03, 2025. Ranging from fundraising talks and regulatory developments to global collaborations and strategic deals. Let’s dive into the stock market and the stocks currently in focus:
Stock Market on June 03
Vodafone Idea
Vodafone Idea is reportedly in talks with the central government to resolve issues related to Adjusted Gross Revenue (AGR). CEO Akshaya Moondra expressed optimism, stating there’s no valid reason preventing the government from extending relief to the company.
Biocon
Biocon has received regulatory approval to market Liraglutide, a medication used in the treatment of diabetes, in the Indian market.
HCLTech
IT services giant HCLTech has entered into a strategic partnership with U.S.-based software firm UiPath. The collaboration aims to enhance AI-driven automation solutions for UiPath’s global customer base.
Jindal Stainless
Jindal Stainless announced the acquisition of a special purpose vehicle (SPV) to develop 282 MW of hybrid renewable energy. This energy will be used to power the company’s manufacturing units with clean, sustainable sources.
Torrent Power
Torrent Power has finalised a long-term LNG supply agreement with BP Singapore, the energy division of BP. The deal will see up to 0.41 million tonnes per annum (MTPA) of LNG delivered from 2027 through 2036.
