Acting tough on audit firms, the Reserve Bank of India (RBI) has barred chartered accountancy firm SR Batliboi & Co LLP from auditing commercial banks for a year. This is a first of its kind action against a audit firm by the RBI.

Bharat Forge has subscribed to 1,895 equity shares of Rs. 10 each at a premium of Rs. 21,103 per equity share of Tork Motor.

Sasken Technologies has entered into a strategic technology partnership with Cohda Wireless. The shares reached an intraday high of 2 per cent on Tuesday and could witness significant movement on the bourses on Thursday.

IOCL, BPCL and HPCL have signed an agreement to form a joint venture company to implement and operate a 2,747 Km long LPG Pipeline from Kandla in Gujarat to Gorakhpur in Uttar Pradesh. As per the agreement, IndianOil, BPCL and HPCL will have 50 per cent, 25 per cent and 25 per cent equity holding in the company, respectively.

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GE Power India Limited has received a contract worth Rs. 738.3 crore from Aravali Power Company Private Limited. It includes design, engineering, supply, civil work, erection and commissioning of WET FGD (Fuel Gas Desulphurization) systems along with auxiliaries like Limestone and Gypsum Handling System and Wet Stack on full turnkey basis.

Following stocks are close to their 52-weeks low as at 12:33 p.m. on June 04, 2019.

The markets on June 04, 2019 opened down. BSE Sensex is trading at 40,127.39, down by 140.23 points and the Nifty is trading at 12,033.50, down by 55.05 points. 

Bombay Stock Exchange and ICCL are live abiding by SEBI's interoperability framework. The system was deployed on Saturday, June 1 and operated seamlessly during Monday's trade.