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New Delhi, Jun 9 (PTI) Ravi Agrawal Trust, one of the promoters of Ajanta Pharma, on Tuesday sold nearly a 3 per cent stake in the company for Rs 1,024 crore through an open market transaction.

According to block deal data available on the NSE, Ravi Agrawal Trust offloaded 34.50 lakh shares, representing a 2.76 per cent stake in Mumbai-based Ajanta Pharma.

The shares were sold at an average price of Rs 2,968 apiece, taking the deal value to Rs 1,023.96 crore.

After the latest transaction, Ravi Agrawal Trust's shareholding in Ajanta Pharma fell to 10.24 per cent from 13 per cent. Also, the combined holding of promoters and promoter group entities dropped to 63.49 per cent from 66.25 per cent.

Meanwhile, Kotak Mahindra Mutual Fund (MF) bought 21.02 lakh shares of Ajanta Pharma, and Aditya Birla Sun Life MF acquired 13.47 lakh shares of the company at the same price, as per the data.

Shares of Ajanta Pharma rose 1.35 per cent to close at Rs 3,008.90 apiece on the National Stock Exchange (NSE).

In a separate bulk deal on the BSE, IvyCap Ventures, Accel, and 360 ONE offloaded a total of 46.36 lakh shares, amounting to a 3.04 per cent stake in BlueStone Jewellery and Lifestyle for nearly Rs 243 crore through open market transactions.

The shares were disposed of in the price range of Rs 522.08-524.97 apiece for a combined value of Rs 242.80 crore.

Meanwhile, Nippon India Mutual Fund picked up 25 lakh shares or a 1.64 per cent stake in Mumbai-based BlueStone Jewellery and Lifestyle for over Rs 130 crore.

Details of other buyers of BlueStone's shares could not be ascertained on the exchange.

Shares of BlueStone Jewellery and Lifestyle fell nearly 4 per cent to close at Rs 528.35 apiece on the BSE. PTI HG HG BAL

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Srinagar, Jun 9 (PTI) The government of Jammu and Kashmir on Tuesday signed an agreement with J&K Bank to extend banking, insurance and credit-related benefits to daily-rated workers, contractual employees and other casual workers.

The Memorandum of Understanding (MoU), aimed at bringing contractual employees, casual workers and daily-rated workers under a structured framework of banking convenience and financial protection, strengthens the bank's position as the preferred banking partner of the government of Jammu & Kashmir, an official spokesman said.

Chief Secretary Atal Dulloo, who was present at the signing of the MoU, expressed confidence that the arrangement would significantly enhance the financial well-being and social security of thousands of contractual employees and casual workers.

Extending insurance coverage to daily wagers will not only provide financial protection but also enhance the sense of security and well-being among employees, motivating them to discharge their duties with greater dedication, efficiency, and transparency, the chief secretary said.

"We are pleased to extend, for the first time, a comprehensive bouquet of banking and insurance benefits to contractual employees, casual workers, and daily rated workers of the government," said Amitava Chatterjee, MD and CEO of J&K Bank.

The bank's General Manager, Rakesh Magotra, explained the benefits provided under the agreement.

Eligible beneficiaries will be provided zero-balance accounts along with a range of value-added banking services, including free debit cards, digital banking facilities, concessional remittance services, and access to specially designed credit products.

The package also includes a group personal accidental insurance of Rs 5 lakh as well as disability-related covers. PTI MIJ HVA

New Delhi, Jun 9 (PTI) Thirty top-performing students from 10 states were awarded Rs 1 lakh each by Samsung India under its Samsung Innovation Campus programme, which trained around 20,000 youth in emerging technologies such as artificial intelligence, coding, and internet of things (IoT).

The awardees, comprising four national toppers, 26 state-level toppers and a social media champion, were felicitated at Samsung India's headquarters in Gurugram, the company said in a statement on Tuesday.

Samsung Southwest Asia President and CEO J B Park said the rapid adoption of AI and digital technologies had made skills in coding, data and emerging technologies increasingly important for young professionals.

The company said the winners represented a diverse group of students from across the country, underscoring the growing availability of technology talent beyond major metropolitan centres, the statement said.

Among the awardees, Karnataka-based Aishwarya Sanjay developed an AI-powered model aimed at improving farmers' access to markets through community-supported agriculture, while Uttar Pradesh's Shivam Singh worked on IoT, automation and cybersecurity projects that helped him secure an internship with the National Institute of Electronics and Information Technology under the Ministry of Electronics and Information Technology.

Similarly, Dev Uppal from Delhi and Vanshika Raghav from Haryana credited the programme in helping them apply classroom learning to real-world challenges while strengthening their confidence, analytical thinking and technical capabilities.

Samsung said the Innovation Campus programme is designed to provide industry-relevant training in future technologies and is aligned with the government's Skill India and Digital India initiatives. PTI SKL KVK

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Mumbai, Jun 9 (PTI) Air India on Tuesday opened bookings for its flights under the central government's hub-and-spoke model, with the maiden flight service under the model set to begin from Varanasi on June 25.

Introduced as 'Easy Connect' flights, these services enable travellers from cities beyond major hubs to drop baggage and complete immigration at the origin airport and travel seamlessly to destinations across the world, Air India said in a statement.

Under the hub-and-spoke model, 'spoke' cities such as Varanasi are connected to major 'hub' airports like Delhi, from where passengers can seamlessly access Air India's extensive global network.

This coordinated structure allows passengers from non-metro cities to connect efficiently to multiple international destinations through a single hub, with optimised schedules and a smooth transit experience, Air India said.

The airline said it will drive a phased rollout of Easy Connect flights across multiple cities in the months ahead to operationalise seamless international connectivity from India's Tier 2 and Tier 3 cities at scale.

The facility provides for a through check-in to final destination as travellers from Tier 2 and Tier 3 cities, such as Varanasi, can check in at their home airport all the way through to their final international destinations, with no need to collect or re-check baggage at the hub airport, such as Delhi.

Also, travellers will complete international immigration formalities at their originating airport, avoiding queues and processing at the hub.

Besides, passengers availing these flights will transit through hub airports like Delhi as international travellers, making connections faster and more efficient, Air India said.

The designated Easy Connect flight from Varanasi to Delhi will operate daily as AI1111. Within four hours of arrival at Delhi, the flight is timed to provide seamless connections to 17 international destinations, including London Heathrow, Frankfurt, Milan, Rome, Zurich, Manila, Singapore, Phuket, Kuala Lumpur, Riyadh, and Dubai, among others, the airline said.

Subsequent Easy Connect flights with hub-and-spoke operations from other 'spoke' airports will be numbered in the 'AI11XX' series, creating a distinct network identity for these services.

"The successful implementation of the hub-and-spoke model requires close coordination across airlines, airports, and multiple government agencies, and we are grateful for the strong collaboration that has enabled this rollout. Air India is committed to continuing to work closely with all stakeholders across the industry and the Government of India as we expand this model to more cities and phases.

"Together, we are building a more efficient, integrated, and globally competitive aviation ecosystem for India," said P Balaji, Group Head - Governance, Risk, Compliance & Corporate Affairs, Air India.

The rollout will expand to several additional cities in a phased manner over the coming months, as Air India continues to anchor and lead the implementation of this next-generation connectivity model, the airline said. PTI IAS HVA

New Delhi, Jun 9 (PTI) Global investment firm Bain Capital on Tuesday divested nearly a 2 per cent stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund for Rs 612 crore through open market transactions.

BC Investments IV Ltd, a Mauritius-based investment vehicle and an affiliate of Bain Capital, offloaded 36 lakh shares, representing a 1.89 per cent stake in Pune-based Emcure, according to block deal data on the National Stock Exchange (NSE).

The shares were disposed of at an average price of Rs 1,700 apiece, taking the transaction value to Rs 612 crore.

Meanwhile, Kotak Mahindra Mutual Fund purchased the same number of shares, as per the data.

Shares of Emcure Pharmaceuticals rose 1.36 per cent to close at Rs 1,743 apiece on the NSE.

In April this year, Bain Capital sold nearly 1 per cent stake in Emcure for over Rs 289 crore.

Prior to that in February, Emcure Pharmaceuticals posted a 48 per cent year-on-year increase in its consolidated profit after tax at Rs 231 crore in the third quarter ended December 31, 2025, led by robust sales growth in business verticals.

The drug firm reported a profit after tax of Rs 156 crore in the October-December period of the preceding fiscal.

Its revenue from operations increased to Rs 2,363 crore during the period under review, up from Rs 1,963 crore in the year-ago period, it added.

In July 2025, Bain Capital sold a 2.4 per cent stake in Emcure for Rs 563 crore.

Meanwhile, in a separate block deal on the NSE, Oman India Joint Investment Fund II sold 13.62 lakh shares of Capital Small Finance Bank for nearly Rs 37 crore through open market transactions.

The shares were offloaded at an average price of Rs 270 apiece.

Meanwhile, Lyptus Punch-Card Fund acquired the shares of the company.

The scrip of Capital Small Finance Bank went up by 1.79 per cent to settle at Rs 273 apiece on the exchange. PTI HG HVA