Key Highlights: Stocks in News, Economic & Global Updates 10th Jun 2026 by GEPL Capital Ltd
Stocks in News
• BHARTI AIRTEL: The Bombay High Court allowed a petition filed by the company, setting aside a massive Rs 8,414 crore demand notice, which included an OTSC demand of Rs 473.7 crore pertaining to its arm, Bharti Hexacom.
• AFCONS INFRA: Secured a massive Letter of Acceptance (LoA) worth Rs 5,301 crore for the Breakwater Project at the Vadhvan Port.
• HCL TECH: Launched a new Cybersecurity Fusion Center in Ontario to expand its cybersecurity capabilities and footprint in Canada.
• QYALITY POWER: Set to acquire a 100% stake in Winwin Speciality Insulators at an enterprise value of Rs 315 crore for the proposed transaction.
• WELSPUN CORP: Its subsidiary, Welspun Mauritius Holdings, divested a 4.5% stake in EPIC for $75.6 million. The company's USA arm continues to hold a 22% stake in EPIC.
• NTPC GREEN: Its subsidiary, NTPC Renewable Energy, will develop a new 250 MW solar power project in Uttar Pradesh.
• MARINE ELECTRICALS: MEL Shipyard has ceased to be a subsidiary of the company and will now be classified as an Associate Company.
• COROMENDAL INTL: Clarified that reports regarding an MoU with FPOs are part of routine business operations and do not meet the threshold for material disclosure.
• DIXON TECH: Signed a binding Joint Venture term sheet with Gemtek to manufacture optical transceivers and networking gear focusing on the data center and telecom ecosystem. Dixon will hold a 60% stake, while Gemtek will hold 40%.
• PATANJALI FOODS: Received a notice from the Maharashtra FDA regarding misleading juice advertisements and promotional labelling. The company clarified that no monetary penalty has been imposed.
Economic News
• RBI measures likely to attract USD 55-65 billion inflows in FY27: India anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the rupee and boost the country's balance of payments. These initiatives are expected to attract more foreign capital and deepen the domestic debt market. The overall balance of payments is projected to be in surplus for FY27.
Global News
• Japan's Wholesale Inflation Hits 3-Year High, Strengthening BOJ Rate Hike Expectations: Japan’s wholesale inflation rose 6.3% YoY in May, its fastest pace since March 2023 and above market expectations of 5.5%, driven by surging energy, chemical, and nonferrous metal prices following disruptions in Middle East oil supplies and the effective closure of the Strait of Hormuz. A weak yen further amplified import costs, with yen-based import prices jumping 25.5% YoY, while strong demand for AI-related semiconductor exports pushed export prices up 20.6% YoY. The sharp rise in producer prices, a key leading indicator of consumer inflation, has reinforced expectations that the Bank of Japan will raise its policy rate from 0.75% to 1.0% at next week’s meeting and continue tightening monetary policy to contain inflationary pressures, despite concerns that higher energy costs could weigh on Japan’s import-dependent economy
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