Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CV

Multiple stocks in focus: SIS approved its fifth buyback of up to Rs 120 crore at a maximum price of Rs 478.50 per share, a 10% premium. Bajaj Auto's buyback opens for tender on July 1 and closes on July 7. Zee Entertainment received government approval for Rs 418 crore FDI from OFI Global China Fund. HDFC Bank appointed former Financial Services Secretary Rajiv Kumar as part-time chairman for a four-year term. HUL appointed Koteshwar L.N. as CEO of its wellness nutrition business Oziva. Tata Motors CV sees a path to crossing 1 million annual vehicle sales post its Iveco acquisition. BPCL will acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore to enter the value-added bitumen market.