Fair trade regulator CCI on Tuesday approved US-based Alpha Wave Global's proposed stake purchase in Nxtra Data, the data centre and cloud services arm of Bharti Airtel. Alpha Wave Global is acquiring a stake through Alpha Wave Ventures II, LP, a private equity fund co-managed by the alternative asset manager. The Competition Commission of India (CCI) said it has cleared the proposed deal. "CCI approves acquisition of certain shareholding in Nxtra Data Limited by Alpha Wave Ventures II, LP," the competition watchdog said in a post on X. In March this year, Bharti Airtel announced that its subsidiary Nxtra Data has secured USD 1 billion investment led by Alpha Wave Global, Carlyle and Anchorage Capital. Bharti Airtel, which will also participate in the investment round, will continue to retain a controlling stake in Nxtra. As part of the acquisition deal, Alpha Wave Global will invest USD 435 million, with the rest to be infused by Carlyle, Anchorage Capital and Airtel. After the

Bharti Airtel Ltd. has an average target of 2318.25 from 8 brokers.

Bharti Airtel raises stake in Airtel Africa to 79% in 28,000-cr deal

Business Standard | 23 Jun 2026, 11:50AM

Axis Bank Ltd.

23 Jun 2026, 09:23PM

1356.00

-0.55%

Axis Bank anticipates a 10,000 cr portfolio expansion under ECLGS 5.0

Business Line

ECLGS 5.0 aims to provide credit guarantee coverage of 100 per cent for MSMEs and 90 per cent for non-MSMEs

Axis Bank Ltd. has an average target of 1563.18 from 12 brokers.

Shriram Finance Ltd.

23 Jun 2026, 09:22PM

VinFast India partners with Shriram Finance to strengthen EV financing accessibility

Business Line

VinFast customers will benefit from Shriram Finance's tailored financing solutions, including up to 100 per cent on-road funding, attractive interest rates, and flexible repayment options

Shriram Finance has gained 50.13% in the last 1 Year

VinFast India partners Shriram Finance for EV retail vehicle financing

Business Line | 23 Jun 2026, 04:52PM

Infosys Ltd.

23 Jun 2026, 09:13PM

1040.90

1.13%

Infosys sees $300-400 bn AI services opportunity by 2030: Nilekani

Business Line

Infosys' Nandan Nilekani predicts a $300-400 billion AI market by 2030, emphasizing AI will enhance, not replace, IT services

Infosys has lost -34.29% in the last 1 Year

Closing AI deployment gap biggest opportunity for IT companies: Nilekani

Business Standard | 23 Jun 2026, 05:54PM 1 more

Infosys Ltd.

23 Jun 2026, 09:07PM

1040.90

1.13%

AGM

Infosys Ltd - 500209 - Shareholder Meeting / Postal Ballot-Outcome of AGM

BSE India

Summary of the proceedings of the 45th Annual General Meeting held on Tuesday, June 23, 2026 is enclosed.

pdf

HDFC Bank Ltd.

23 Jun 2026, 08:51PM

773.00

-0.21%

Board Meeting

HDFC Bank Ltd - 500180 - Board Meeting Intimation for Approval Of Unaudited Standalone And Consolidated …

BSE India

HDFC Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/07/2026 ,inter alia, to consider and approve unaudited standalone and consolidated financial results of the Bank for the quarter ending June 30, 2026

pdf

Is Nifty Services Sector worth buying?

14 Votes:

Buy 57.14%

Sell 28.57%

Hold 14.29%