Markets

Global Crypto Exchanges Surge into Real-World Assets as Tokenized Stocks Drive $10 Billion Market Shift Crypto exchanges across the globe are undergoing a massive structural shift, moving beyond purely volatile cryptocurrency trading and betting heavily on real-world assets (RWAs). A burgeoning trend of tokenizing major US stocks is rapidly accelerating this evolution, providing retail investors with novel access to global capital markets. Platforms such as CoinSwitch, Mudrex, and Bybit have successfully rolled out fractionalized shares of giants like Nvidia, Apple, Tesla, Amazon, Alphabet, Meta, and Microsoft, offering exposure at a fraction of the original cost.The tokenized RWA market has reached an impressive valuation, surpassing...

Infinium Pharmachem Releases Audited Financial Results for FY 2025-26; Net Profit Reported Infinium Pharmachem Limited has released its audited financial results for the year ended March 31, 2026. The company’s Board of Directors considered and approved the Annual Audited Standalone and Consolidated Financial Statements for the fiscal year.The Company reported a Total Income of 15785.65 Rs. in Lacs for the year ended March 31, 2026 (Standalone). In the consolidated results, revenue from operations stood at 19176.96 Rs. in Lacs. The net profit before tax for the company was reported as 1784.04 Rs. in Lacs.Board Meeting Outcomes and Governance During the Board meeting held on May 29, 2026, the Directors reviewed several material items...

Info Edge Stock Jumps: Infos’s Massive AI and Consumer Tech Portfolio Surges to ₹41,300 Cr Info Edge shares rose significantly in intraday trading on Tuesday following the release of a shareholder communication detailing the impressive scale and valuation of its burgeoning startup investment portfolio. The stock was trading at ₹1,011.40, reflecting an intraday gain of 2.73% after touching an all-time high near 3.96%.Portfolio Valuation Reaches Major Milestone The company’s investments across 135 startups have surged to a valuation of approximately ₹41,300 crore. This staggering growth stems from cumulative investments amounting to nearly ₹4,900 crore. The portfolio has generated an impressive 8.4x return multiple and boasts a gross...

Akasa Air Set for Massive Capacity Surge as CFO Defies Market Turbulence Akasa Reaffirms Aggressive Growth Trajectory Amid Global Instability Akasa Air has signaled its unwavering commitment to aggressive expansion despite the turbulent global operating environment. Chief Financial Officer Ankur Goel confirmed that the airline's long-term plans remain "on firm footing."The airline is targeting a significant 30 per cent capacity increase in the current financial year (FY27). Furthermore, management projects capacity growth to be in the range of 30 to 40 per cent over the next four to five years.Mr. Goel emphasized that geopolitical uncertainties and increased fuel costs have not caused any reassessment of the company's core strategy...

TSC India Strengthens Market Presence with Strategic Expansion Across Key Regions TSC India Limited, an integrated ticketing solutions company in India, is actively strengthening its national footprint through strategic initiatives aimed at enhancing customer engagement and supporting long-term business growth. The company operates as a provider of end-to-end ticketing services, facilitating online booking, digital distribution, payment integration, and transaction processing for diverse events including entertainment, sports, cultural programs, exhibitions, and other live experiences.As part of its growth strategy, TSC India has made several key organizational expansions to improve regional outreach and market capabilities. The...

Dynamic Services' Subsidiary Secures Work Order for Battery Supply from Banaras Locomotive Works The Bharat Battery Mfg Co Private Limited, a wholly owned subsidiary of Dynamic Services & Security Limited, has received a work order for supplying specialized batteries. The contract was awarded by Banaras Locomotive Works Varanasi for the provision of Low Maintenance Lead Acid Batteries designed for diesel electric loco engine starting applications (8V/500 Ah lead acid).This domestic contract involves the supply of the specific battery type to Banaras Locomotive Works Varanasi. The total value of the order is Rs. 5,47,520 (Rupees Five Lakhs Forty Seven Thousand and Five Hundred and Twenty Only).The delivery schedule for the contract...

TIL Ltd Reports Key Corporate Developments Including Acquisition of TCPL and Rights Equity Issue Update TIL Limited has provided clarity regarding two significant corporate events—the completion of a rights equity issue and the acquisition of a material subsidiary—stating that market movements in its shares are driven purely by market performance.The company disclosed that it acquired 60% paid up equity share capital of M/s. Tulip Compression Private Limited (TCPL) from Gainwell Commosales Private Limited, establishing TCPL as a material subsidiary of TIL Limited.Additionally, management confirmed the rights issue undertaken in April 2026, during which Rights Equity Shares were issued to existing equity shareholders of the company...

Viceroy Hotels Limited Board to Consider Rights Issue for Fund Raising Viceroy Hotels Limited has scheduled a meeting of its Board of Directors to discuss and approve measures related to raising funds through a rights issue. The company's board meeting is set for Monday, June 29, 2026.The primary agenda item for the directors includes considering, discussing, and approving the issuance of Equity Shares on a rights basis to existing shareholders. This action aims at securing necessary funding for the company.In addition to the fund-raising mandate, the Board is scheduled to consider any other business that may be brought before it with the permission of the Chairman.Furthermore, the company confirmed that adherence to insider...

Shree Marutinandan Tubes Ltd Wins ₹2.24 Crore Order from Value Fashion Retail Limited Shree Marutinandan Tubes Limited has secured a significant contract from Value Fashion Retail Limited, an entity of the Arvind group. The order, awarded on June 22, 2026, involves the execution of comprehensive piping work for the client’s facility.The total value of the purchase order is Rs. 2,24,43,600/-, equivalent to ₹ 2.2444 Crore, which includes GST. Value Fashion Retail Limited issued Purchase Order No. 3500580671 for the work.The project involves multiple types of piping required at the Arvind site. These include plumbing and compressed air piping work, as well as steam and condensate piping work. The order falls within the company’s...

Jainik Power Cables Forges Strategic Alliance with Tolaram Group to Target Global Markets Jainik Power Cables Limited has announced a landmark strategic alliance with the Tolaram Group, a globally renowned conglomerate from Singapore. This partnership positions Jainik for accelerated international growth by granting access to the vast operational network and market reach of the Tolaram Group.The alliance marks a significant milestone in Jainik's history, providing the company with exposure to global infrastructure, industrial, energy, and development opportunities across multiple continents. Through this powerful platform, Jainik is poised to deploy its portfolio, which includes Aluminium Conductors, LT Power Cables, Aerial Bunched...

Committed Cargo Care Limited approves revised Insider Trading Policy and appoints CFO as Compliance Officer Committed Cargo Care Limited's Board of Directors made several key decisions during its meeting held on June 23, 2026, focusing on corporate governance and insider trading protocols.The Board considered and approved the amendment and revision to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Code of Conduct for Prevention of Insider Trading. This revised document is designated as the Company's Insider Trading Policy.In addition to the policy changes, the Board sanctioned the designation of Mr. Anil Gupta, the Chief Financial Officer (CFO) of the company. Mr. Gupta was...

Batliboi Ltd Acquires 100% Stake in Penta Automation Systems for Strategic Expansion Batliboi Ltd has announced the approval of a proposal to acquire 100% of the paid-up equity share capital of Penta Automation Systems Private Limited. The acquisition, approved by the Company's Board of Directors on June 23, 2026, is intended to bolster Batliboi’s strategic growth in the industrial automation sector.The secondary acquisition involves purchasing shares from existing shareholders: Mr. Dharmesh Mistry, Ms. Avani Mistry, and Manders Industries B.V. (Netherlands). The takeover is structured as a mix of an upfront cash consideration and a deferred payment over five years.Upon completion of the proposed acquisition, Penta Automation...

Hexagon Nutrition Limited Board Meeting Scheduled to Approve Q1 FY2026 Financial Results Hexagon Nutrition Ltd., formerly known as Hexagon Nutrition Private Limited, has announced a meeting of its Board of Directors to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.The Board meeting is scheduled for Tuesday, June 30, 2026. The company will review the results pertaining to both the quarter and the full financial year ending March 31, 2026.In addition to the board decision, Hexagon Nutrition Ltd. also provided an update regarding the trading window for its securities. Following a period when the trading window was closed starting June 12, 2026, the...

India Inc Thumbs Up GST: Deloitte Survey Highlights Need for AI-Driven Reforms and Faster Refunds A resounding majority of Indian businesses have reported a positive or neutral experience with the Goods and Services Tax (GST), according to a new survey by Deloitte India. The GST@9 study, released ahead of the tax framework completing nine years, found that digitisation and rate rationalization are key benefits for stakeholders. However, the survey also highlighted significant concerns regarding audit and refund delays.The research, which gathered 1,096 responses from leaders across eight diverse industries including MSMEs, revealed a near universal acceptance of GST among respondents. This confidence level was measured at a 99 per...

Umiya Mobile Cancels Management Live Interview Scheduled for Twitter Umiya Mobile Ltd has announced the cancellation of a live interview session involving its management, which was previously scheduled to take place on X (formerly Twitter). The decision comes following unavoidable circumstances that prevent the company's management from participating in the session.The interview was slated as part of an earlier announcement and was set for June 23, 2026.The cancelled event details were:DetailInformationDateJune 23, 2026Time5:00 PM (IST)PlatformX (formerly Twitter)Host Handle@DrNStocksThe management of Umiya Mobile Limited confirmed the cancellation and stated that a revised date for the live interview will be...

Wall Street Futures Plunge as KOSPI Crashes 10%; AI Sell-Off Deepens, Challenging Global Rally US stock futures witnessed a volatile start on Tuesday after a sharp sell-off in technology shares spread from Asia to America. The intense selling pressure focused on tech stocks has amplified concerns regarding the long-term sustainability of the year's massive artificial intelligence (AI) driven rally across global equities.Nasdaq 100 futures saw declines exceeding two percent, while S&P 500 futures dropped over one percent in pre-market trading. Dow Jones futures offered some resilience, falling by around 0.4 percent. This generalized weakness followed a downturn overnight when the Nasdaq Composite dropped 1.3 percent and the S&P 500...

WE Win Limited Secures Major Work Order from MPRDC for Road Safety System Enhancement We Win Limited has secured a significant work order from the Madhya Pradesh Road Development Corporation (MPRDC) to act as the Selection of Implementation Agency. The contract pertains to enhancing the capabilities of existing Accident Response Systems and Traffic Management Centres under the umbrella of the government undertaking.The engagement with MPRDC confirms WE Win Limited's role in critical infrastructure projects focused on road safety and traffic management within Madhya Pradesh.As per the details of the work order, the contract is a domestic agreement awarded by the Government of M.P Undertaking. The project specifically involves...

NIIT Launches Comprehensive AI Solutions Portfolio to Guide Enterprises in Building AIReady L&D Ecosystems Atlanta, GA, June 23, 2026 — NIIT Learning Systems Limited, a global provider of managed learning services, announced the launch of a comprehensive suite of AI solutions designed to help enterprises transition from having AI ambition to achieving operational execution within their Learning and Development (L&D) functions. The new portfolio is built on the premise that L&D needs a clear, integrated path to manage an increasingly AI-influenced working environment.The newly launched offerings provide a unified framework across four integrated solution areas, equipping learning functions to scale and operate effectively...

Quess, IGS, and IPA Forge Strategic Corridor to Unlock Indo-Japan Global Capability Center Opportunities Quess Corp, through its wholly owned subsidiary Quess International Services Private Limited, has announced a strategic collaboration with Institution for a Global Society (IGS) and Indo-Pacific Advisory (IPA). The partnership aims to establish a robust Indo-Japan Global Capability Center (GCC) corridor, designed to create opportunities for Japanese companies seeking to set up GCCs in India.The initiative focuses on supporting leading Japanese enterprises as they build, scale, and transform their operations across several high-growth sectors, including AI, engineering, cybersecurity, BFSI, and digital transformation.The...

Promoter Acquires 60,000 Equity Shares in India Lease Development Ltd. Rajiv Gupta, along with Arti Gupta, has acquired a significant stake in India Lease Development Ltd. The purchase pertains to the company's equity shares and was conducted through market purchase.The acquisition saw Rajiv Gupta’s holding increase after purchasing 60,000 Equity Shares of India Lease Development Ltd. These shares were priced at Rs. 10/- each. The transaction date for the acquisition of the shares was recorded as June 22, 2026.Prior to this purchase, Rajiv Gupta held 9,13,245 shares, representing a holding of 6.21% of the company's stock. Following the acquisition, his total shareholding increased to 9,73,245 Equity Shares, which translates to...