Affle Acquires AdColony Assets to Accelerate Global Growth
- Affle announced the acquisition of select AdColony technology assets and trademark from Digital Turbine (DT).
- Deal includes AdColony's SDKs, technology platform, publisher integrations, brand name, domain, and related goodwill.
- Expected benefits:
- Expands Affle's global publisher network and SDK reach.
- Strengthens AI-driven consumer intelligence capabilities.
- Supports Affle's long-term 10X growth strategy.
- Enhances advertiser ROI and premium consumer conversions.
- Management sees the acquisition as a major step toward scaling globally and deepening its commercial partnership with DT.
TCS Takes Additional $70 Million Hit in DXC Legal Dispute
- The US Supreme Court denied TCS's petition seeking review of a judgment involving DXC Technology/Computer Sciences Corporation.
- TCS had already provided $150 million in its books.
- Company will now make an additional provision of $70 million toward damages, interest, and legal costs.
- The amount will be recognized as a one-time exceptional expense in Q1 FY27.
- Negative development due to the earnings impact, though largely non-operational.
Mini Diamonds Bags ₹16.25 Crore Order
- Mini Diamonds secured a domestic order worth ₹16.25 crore for supply of cut and polished natural diamonds.
- Order execution timeline: 4 months.
- Payment expected within 150 days from completion.
- Management highlighted the order as a validation of the company's manufacturing expertise and quality standards.
Schneider Electric Infrastructure Clarifies Foxconn Data Centre News
- Schneider Electric Infrastructure clarified that reports linking its stock rally to a Schneider-Foxconn AI data centre partnership are incorrect.
- The partnership was entered into by another Schneider Electric Group entity, not Schneider Electric Infrastructure.
- Company stated there is no undisclosed material information requiring disclosure under SEBI regulations.
- Clarification may cool speculation-driven momentum in the stock.
Hampton Sky Realty Independent Director Resigns
- Independent Director Benu Sehgal resigned effective June 15, 2026.
- Resignation cited personal and family responsibilities.
- Company confirmed there are no governance or operational concerns related to the resignation.
