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Lenskart Solutions acquires balance stake in Quantduo Technologies

Lenskart Solutions acquires balance stake in Quantduo Technologies

by | Jun 10, 2026 | Share Market


Last Updated : Jun 10 2026 | 5:31 PM IST

Lenskart Solutions said that it has completed the acquisition of the remaining minority stake in Quantduo Technologies (GeoIQ), increasing its ownership from 92.35% to 100% through successive purchases.

In a regulatory filing made post market hours yesterday, the company stated that it has acquired an additional 3% stake in Quantduo Technologies. It had acquired an additional 4.65% stake in Quantduo on 16 March 2026.

The aggregate consideration paid for the acquisition of the remaining 7.65% shareholding was Rs 3.67 crore.

Consequent to the aforesaid acquisitions, the aggregate shareholding of the company in Quantduo has increased from 92.35% to 100% of the fully diluted share capital of Quantduo and consequently, Quantduo has become a wholly-owned subsidiary of the company, Lenskart Solutions said in a statement.

 

Quantduo is engaged in the business of providing advanced analytics solutions. The company had recorded turnover of Rs 10.019 crore in FY25-26.

Lenskart Solutions is a technology-led eyewear company involved in designing, manufacturing, branding and retailing prescription glasses, sunglasses, contact lenses and related accessories.

The company had reported an 8.49% year-on-year decline in consolidated net profit to Rs 200.29 crore in Q4 FY26, compared with Rs 218.89 crore posted in the corresponding quarter last year. However, revenue from operations surged 46.62% YoY to Rs 2,515.71 crore in the quarter ended 31 March 2026.

The scrip shed 0.55% to end at Rs 500.65 on the BSE today.

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Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Jun 10 2026 | 5:31 PM IST



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Sebi mulls easing executive remuneration disclosure norms for AMCs

Sebi mulls easing executive remuneration disclosure norms for AMCs

by | Jun 10, 2026 | Share Market



Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages.

 


“This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality,” Sebi said in its consultation paper.

 


Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year.

 
 


Sebinoted that while listed AMCs are already subject to detailed remuneration disclosures under the Sebi(Listing Obligations and Disclosure Requirements) Regulations and the Companies Act, unlisted AMCs operate under a different regulatory framework and ownership structure.

 


“Disclosure requirements applicable to listed entities may not be directly comparable to those for unlisted AMCs,” the regulator said.

 


Under the proposed framework, AMCs would disclose consolidated remuneration figures along with the number of employees covered under various categories instead of publishing individual remuneration details.

 


The proposed format involves aggregate disclosures for CEOs, CIOs and COOs, the total remuneration paid to the top 10 employees, and the total remuneration paid to employees earning above the prescribed thresholds.

 


Sebi said such disclosures would provide a structured view of senior management compensation, while ensuring the disclosure level remains proportionate and aligned with materiality and privacy considerations.

 


The proposal follows feedback from the mutual fund industry, which argued that detailed employee-level remuneration disclosures are more relevant for listed companies with shareholders exercising ownership rights than for mutual funds, where investors are unitholders and do not have direct ownership of the AMC.

 


Industry participants also raised concerns over privacy and data protection, stating that public disclosure of individual remuneration could expose employees to misuse of personal information and place AMCs at a disadvantage in competing for talent with portfolio management services (PMS) and alternative investment funds (AIFs), where similar disclosure norms do not apply.

 


Separately, Sebi has proposed a framework for disclosure of fund managers’ remuneration.

 


The regulator said remuneration of fund managers is currently not disclosed separately, and is only captured indirectly through existing top-employee or threshold-based disclosures.

 


Since investment decision-making for each scheme rests primarily with the respective fund manager, Sebi said there may be merit in providing visibility into their remuneration.

 


However, instead of mandating public disclosure, the regulator has proposed “scheme level consolidated disclosure of total remuneration paid to fund manager(s) at scheme level may be made available upon specific request of unitholders and may be limited to the scheme(s) in which the investor requesting such details has invested as on the date of making such request”.

 


The Securities and Exchange Board of India (Sebi) has sought public comments on the proposals till June 30.



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Lenskart Solutions acquires balance stake in Quantduo Technologies

INR pares initial losses and settles largely unchanged

by | Jun 10, 2026 | Share Market


Last Updated : Jun 10 2026 | 5:31 PM IST

The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).

 

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Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Jun 10 2026 | 5:31 PM IST



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Planning to try iOS 27 beta? Here's what you should know before updating

Planning to try iOS 27 beta? Here's what you should know before updating

by | Jun 10, 2026 | Technology


Apple released the developer betas of iOS 27, iPadOS 27 and macOS 27 following the Worldwide Developers Conference (WWDC) 2026 keynote. Although these software updates are planned to roll out later this year, users can already access the new features through the developer beta programme. Apple has released early beta versions of iOS 27, iPadOS 27 and macOS 27, allowing developers and enthusiasts to test upcoming changes before the public launch.


iOS 27, iPadOS 27 and macOS 27: What’s new


Some of the headline features of iOS 27 include faster app launches and photo loading, up to 80 per cent faster AirDrop transfers between supported Apple devices, a transparency control for the Liquid Glass interface, and improved search across Spotlight, Photos and Mail.

 
 


Apple is also introducing AI-powered tab organisation and webpage monitoring in Safari, expanded parental controls, perimenopause and menopause tracking in the Health app, enhanced Apple Maps Flyover views, and support for full-resolution iCloud Shared Albums across Apple, Android and Windows devices.

 


The update also introduces a redesigned Siri experience and broader Apple Intelligence integrations, though several AI features will be limited to supported hardware.

 


Apart from many of the features announced for iOS 27, iPadOS 27 introduces several iPad-specific additions aimed at improving productivity and multitasking.


Apple is bringing a new always-visible Menu Bar option that makes navigation feel more desktop-like, alongside faster browsing and file transfers between external drives and the iPad. Apple has also refined the Files app to make file organisation and access more efficient.

 


With macOS 27, Apple says Spotlight search is becoming faster and more capable with Siri AI intergation. The update also introduces refinements to the Mac interface, including redesigned toolbars and window layouts, while expanding parental controls and Communication Safety features.

 


Notably, macOS 27 will be the first major macOS release to support only Apple silicon-powered Macs, marking the end of support for Intel-based Mac models.


Running a developer beta may involve risks


Before installing the developer beta, users should understand that these builds are primarily intended for app testing and development rather than everyday use.

 


Early beta software may not offer a polished experience. It may contain bugs, app compatibility issues, unexpected crashes, performance slowdowns, battery drain or features that do not work as intended.

 


It is recommended to back up devices before installing beta software. Users should ideally avoid installing a developer beta on their primary iPhone, iPad or Mac, particularly if they depend on the device for work, studies or daily communication.

 


In some cases, beta-related issues can require users to erase their device and restore it from a backup in order to return to a stable version.

 


While Apple’s latest developer betas include some of the features announced at WWDC 2026, not every feature is necessarily available from day one. Apple frequently introduces additional capabilities through subsequent beta releases as development progresses.

 


For users who prefer a more stable experience, it may be better to wait for the public beta release, which will kick off from July. Apple typically releases public betas a few weeks after developer betas, once major issues have been addressed. Even then, beta software remains pre-release software, so caution is advised before installing it on a device used every day.


iOS 27 developer beta: How to update


  • Sign in to the Apple Developer website and enrol in the iOS 27 beta programme.


  • Make sure your iPhone is signed in with the same Apple Account used on the Apple Developer website.


  • On your iPhone, go to Settings > General > Software Update.


  • Tap Beta Updates and select iOS 27 Developer Beta.


  • Once the update appears, install it through Software Update.

The process is similar for iPad and Mac. 


iOS 27: Eligible devices


  • iPhone 17 Pro and Pro Max, iPhone 17, iPhone 17e, iPhone Air


  • iPhone 16 Pro and Pro Max, iPhone 16 Plus, iPhone 16, iPhone 16e


  • iPhone 15 Pro and Pro Max, iPhone 15 Plus, iPhone 15


  • iPhone 14 Pro and Pro Max, iPhone 14 Plus, iPhone 14


  • iPhone 13 Pro and Pro Max, iPhone 13, iPhone 13 mini


  • iPhone 12 Pro and Pro Max, iPhone 12, iPhone 12 mini


  • iPhone 11 Pro and Pro Max, iPhone 11


  • iPhone SE (second generation and later)


iPadOS 27: Eligible devices


  • iPad Pro (M4 and later)


  • iPad Pro 12.9-inch (4th generation and later)


  • iPad Pro 11-inch (2nd generation and later)


  • iPad Air 13-inch (M2 and later)


  • iPad Air 11-inch (M2, M3 and M4)


  • iPad Air (4th generation and later)


  • iPad (A16)


  • iPad (9th generation and later)


  • iPad mini (A17 Pro)


  • iPad mini (6th generation and later)


macOS 27: Eligible devices


  • MacBook Neo (2026)


  • MacBook Pro with Apple silicon (2020 and later)


  • MacBook Air with Apple silicon (2020 and later)


  • iMac with Apple silicon (2021 and later)


  • Mac mini with Apple silicon (2020 and later)


  • Mac Studio (2022 and later)


  • Mac Pro with Apple silicon (2023)



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Copper futures turn weak

Copper futures turn weak

by | Jun 10, 2026 | Business


Copper pipes of different diameter cut. 3d render.
| Photo Credit:
Axe_Olga

Copper futures (₹1,315/kg) has been on a decline over the past week. While the broader uptrend remains valid, there are signs of a corrective decline at the current juncture.

The June futures, after failing to rally above ₹1,385 last week, reversed the path and is on a decline. On Wednesday, the contract slipped below the support at ₹1,325, where the 23.6 per cent Fibonacci retracement of the previous upswing coincides.

The breakdown below the support at ₹1,325 has opened the door for further decline. While it may be too early to call the dips a bearish trend reversal, we will most likely see the price dropping to ₹1,265. Support below ₹1,265 is at ₹1,230.

On the other hand, if copper futures resumes the rally, it ought to reclaim ₹1,325 for the bulls to gain traction. If this occurs, the contract can extend the rally to ₹1,385.

Overall, as it stands, the near-term outlook is weak and so, traders can consider selling. 

Trade strategy

Short copper futures (Jun) at ₹1,325. Target and stop-loss can be ₹1,275 and ₹1,350, respectively. 

Published on June 10, 2026



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