Markets

Greenleaf Envirotech Launches ESG Consulting Services on World Environment Day Greenleaf Envirotech Ltd. has announced the launch of its ESG (Environmental, Social & Governance) Consulting Services, strategically positioning the company as a partner dedicated to guiding businesses toward sustainable growth and improved governance practices. The initiative was unveiled on June 5, 2026, coinciding with World Environment Day.The introduction of the ESG Consulting division reflects the growing expectation from investors, regulators, customers, and communities for organizations to embrace sustainability. Greenleaf Envirotech aims to support companies by helping them identify opportunities, mitigate sustainability risks, and align their...

Greenleaf Envirotech Secures Domestic MoU for Rs 25.5 Crore STP Project in Infrastructure Sector Greenleaf Envirotech Limited has signed an Internal Memorandum of Understanding (MoU) with Eiffil Water Infra Ltd., securing involvement in a significant water and wastewater infrastructure project. The agreement, executed on June 4, 2026, outlines Greenleaf’s role as an Associate Contractor for the EPC-based project.The MoU pertains to the execution of a Sewage Treatment Plant (STP) project with a capacity of 25 MLD. Under this arrangement, Greenleaf Envirotech Ltd. will be responsible for design, procurement, execution, and commissioning of the facility. The total agreed cost for the 25 MLD Capacity STP is Rs 25,50,00,000/- (Rupees...

Tiger Logistics Retains Investment Grade Credit Rating Amid Industry Volatility, Reports Strong Volume Growth Tiger Logistics (India) Limited, a listed international logistics and supply chain solutions provider, saw its long-term credit rating reaffirmed by Infomerics Valuation and Rating Limited on June 5, 2026. The company received an IVR A- rating for the long term and IVR A2+ for short term regarding bank facilities aggregating ₹45 crore.The agency simultaneously revised the outlook to Negative, citing profitability pressures and working capital challenges stemming from global trade disruptions and industry-wide volatility. Despite this revision, the reaffirmation highlighted Tiger Logistics' established market position, prudent...

Atul Singh Appointed as Government Nominee Director at RITES Limited RITES Limited has appointed Shri Atul Singh as a part time Government Nominee Director on its Board of Directors. The appointment was formalized by the company's Board of Directors on June 05, 2026.The newly appointed director will serve until he holds the position of Principal Executive Director (Production Units/ Workshops & Innovation), Railway Board, or until further orders are issued, whichever comes earlier. The nomination is effective from May 29, 2026, corresponding to the Date of allotment of DIN.Shri Atul Singh currently serves as Principal Executive Director (Production Units/ Workshops & Innovation) at the Railway Board. His professional background...

SIS Limited acquires 4.20% stake in Updater Services Limited SIS Limited has completed the acquisition of equity shares in Updater Services Limited (UDS). The purchase represents 4.20% of the paid-up equity share capital of UDS, which is part of the company's ongoing treasury management operations.The acquisition was finalized on June 5, 2026. For the cost of INR 51.39 crore, SIS Limited acquired 28,13,000 equity shares of Updater Services Limited.Updater Services Limited operates in the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry and functions as a leading, end-to-end integrated business services platform. The acquisition was determined not to constitute a related party transaction, and...

Master Components Limited Secures Purchase Order for Electrical Products Worth INR 39 Lakhs Master Components Limited has received a purchase order (PO) for the supply of electrical products from a domestic company. The contract details and terms have been established under this new business engagement.The total value of the purchase order amounts to approximately INR 39,05,890/- excluding tax.Details regarding the order include:ParticularsDescriptionNature of OrderSupply of electrical productsBuyer TypeDomestic EntityContract ValueApproximately INR 39,05,890/- excluding taxPayment TermsPayment within 30 days from the date of the POExecution DeadlineJune 25, 2026The agreement is not classified as a related...

Tata Teleservices Holds 31st AGM; All Resolutions Declared Passed with Requisite Majority Tata Teleservices (Maharashtra) Limited successfully convened its 31st Annual General Meeting (AGM) on Friday, June 5, 2026. The meeting, conducted via Video Conferencing or Other Audio Video Means, concluded after all items of business were transacted and passed by the members with the requisite majority.The AGM commenced at 1100 hours IST and concluded at 1220 hours IST. Mr A. S. Lakshminarayanan, Chairman and Non-Executive Director, virtually chaired the meeting from the Registered Office. The proceedings were overseen by a Scrutiniser appointed for fair and transparent scrutiny of all votes cast during the AGM and through remote e-Voting...

RBI Confirms Stability: Shri Swaminathan Janakiraman Re-appointed as Deputy Governor for Two Years The Reserve Bank of India (RBI) has announced the re-appointment of Shri Swaminathan Janakiraman to his crucial role as a Deputy Governor. The decision, effective from June 26, 2026, underscores the commitment of the government and the RBI towards continued sound financial governance and oversight.Re-appointment Details and Tenure Extension The Central Government has officially re-appointed Shri Swaminathan Janakiraman for another two years in his capacity as Deputy Governor of the Reserve Bank of India. This extension signifies a trust placed in his expertise regarding monetary policy implementation and regulatory frameworks within the...

H.G. Infra Engineering Sells 49% Stake in Subsidiary to Neo Infra Income Opportunities Fund H.G. Infra Engineering Limited has announced the sale of a substantial stake in its subsidiary, H.G. Raipur Visakhapatnam OD-5 Private Limited. The company sold 49% of its holding in the entity to Neo Infra Income Opportunities Fund (NIIOF).Following the transfer, which was completed on June 05, 2026, H.G. Infra Engineering Limited will retain the remaining 51% stake. As a result of this transaction, the entity ceases to be a Wholly Owned Subsidiary of the company but remains a subsidiary.The sale was executed with Neo Infra Income Opportunities Fund (NIIOF), a registered scheme under Neo Credit Alternatives Investment Trust and managed by...

Acetech E-Commerce Reports FY26 Financial Results; Announce Rs 24 Lakh Investment in Wholly Owned Subsidiary Acetech E-Commerce Limited, a company that was formerly known as Acetech Ventures Limited and Acetech Ventures LLP, announced key updates following its Board Meeting held on June 05, 2026. The Board reviewed and approved the Audited Financial Results (Standalone and Consolidated) for the half-year and financial year ended March 31, 2026, alongside an Unmodified Opinion Audit Report.The company also disclosed a strategic investment of Rs 24,00,000 into its Wholly Owned Subsidiary, Conceptive Brains Private Limited, through a subscription to a Rights Issue. Furthermore, the Board approved the appointment of M/s Jinal Modi &...

Environment Day Milestone: Minister Chouhan Pledges Daily Tree Plantation, Driving 'Ek Ped Maa Ke Naam' Movement On World Environment Day, Union Agriculture and Farmers' Welfare Minister Shri Shivraj Singh Chouhan highlighted the profound connection between environmental health and human security during a tree plantation drive in Bhopal. Participating in the nationwide 'Ek Ped Maa Ke Naam' campaign initiated by Prime Minister Shri Narendra Modi, the Minister underscored that safeguarding the environment is paramount for ensuring the continuity of life on Earth.Tree Plantation as a Campaign for Planetary Security Shri Chouhan stated that the event marked more than just planting saplings; it represented an overarching campaign to...

India Dominates Global Economy as GDP Surges to 7.7%; Minister Shah Credits Modi's Reforms Home Minister Expresses Satisfaction Over Robust FY26 Growth Union Home Minister and Minister of Cooperation, Shri Amit Shah, expressed significant satisfaction over India's strong economic performance, noting that the nation's Gross Domestic Product (GDP) is expanding at 7.7% in Financial Year 2025-26 (FY26). This robust growth figure underscores India's growing economic stature on the global stage.Shri Shah highlighted that this impressive rate positions India as one of the fastest-growing major economies worldwide. The Minister stated that the sustained performance proves the underlying strength and resilience of the Indian economy...

India's Economy Surges with 7.8% Growth; Infrastructure Push Fuels Tourism and Industry Boom in Daman and Diu The nation’s economic resilience was underscored during a major development ceremony held in Dadra and Nagar Haveli, Daman and Diu. The visit highlighted significant advancements across key sectors, from industry to health care. The data presented affirmed that India stands as one of the fastest-moving economies globally, even amidst international crises.Economic Resilience and Growth Milestones The economic strength of India was placed center stage during the address. Data revealed robust performance figures for the preceding fiscal periods. For the financial year 2025-26, the nation recorded a growth rate of 7.7%. The...

RBI Imposes Monetary Penalty on Canara Bank Over KYC and Unclaimed Deposit Non-Compliance The Reserve Bank of India (RBI) has imposed a monetary penalty on Canara Bank following supervisory findings related to its regulatory compliance concerning 'Know Your Customer' (KYC) protocols and the management of unclaimed deposits and inoperative accounts. The penalty was issued by RBI via an order dated June 5, 2026.The penalty amounts to ₹41.80 lakh (Rupees Forty-one Lakh Eighty Thousand only). This action was taken under powers conferred on the RBI as part of its supervisory role regarding banking regulations.The imposition followed a statutory inspection for Supervisory Evaluation conducted by the RBI, which reviewed the bank's...

Green Revolution in Rails: Minister Ashwini Vaishnaw Reviews Hydrogen Train Progress Amid Massive Infrastructure Push Advanced Technology and Maintenance at Shakur Basti Depot Union Minister for Railways, Information & Broadcasting and Electronics & Information Technology, Shri Ashwini Vaishnaw, conducted a comprehensive inspection of the Tilak Bridge-Shakur Basti rail section of Northern Railway. The visit focused on reviewing the progress of major developmental projects and assessing the state of advanced railway maintenance facilities.At Shakur Basti Station, the Minister closely examined the cutting-edge Retractable Overhead Equipment (OHE) system. This modern technology is vital for ensuring efficient and safe maintenance...

Master Components Limited Secures Purchase Order Worth INR 4,01,60,223/- for Electrical Industry Master Components Limited has secured a significant purchase order from a domestic entity. The contract involves supplying plate plus frame necessary for an electrical company, totaling approximately INR 4,01,60,223 lakh, excluding tax.The transaction details confirm that the order is with a domestic entity and does not involve any interest from the promoter group in the contracting company. Consequently, the purchase order is confirmed as not to be a related party transaction.The contract specifies several key terms, including payment within 30 days of the Purchase Order date. The delivery timeline for the goods is set for June 26...

BRICS Nations Pledge Massive Investment in Cultural Bonds as Ganga Aarti Ignites Call for Global Heritage Protection Global Partnerships: BRICS Deepens Commitment to Cultural Cooperation in Varanasi The Second BRICS Culture Working Group Meeting, concluding in Varanasi, solidified the commitment of Member States toward enhancing cultural cooperation and advancing shared priorities across the continent. The deliberations reflected a concerted effort by BRICS nations to strategically strengthen their interconnectedness through the lens of culture.Dr. Arvind Kumar, Joint Secretary at the Ministry of Culture, Government of India, commenced the discussions, reaffirming the importance of ongoing substantive dialogue among the participating...

Prime Minister Commends L&T Innovations in Hazira, Boosting Self-Reliance Agenda Prime Minister Shri Narendra Modi recently visited the Larsen & Toubro (L&T) complex located in Hazira, Gujarat. The visit provided a direct look into the advanced engineering and industrial advancements being spearheaded by the company across multiple key sectors. The Prime Minister witnessed various pioneering innovations that underscore L&T’s massive scale and technological reach within India.The focus of the visit was heavily centered on strategic industry development. Shri Modi specifically highlighted and appreciated the pivotal role L&T plays in advancing self-reliance within India's critical defence sector. His observations emphasized the...

Davin Sons Retail Ltd Reappoints Auditors and Restructures Audit Committee Davin Sons Retail Ltd announced significant changes following a meeting of its Board of Directors held on June 5, 2026. The decisions included the re-appointment of an internal auditor and the reconstitution of the company's Audit Committee.The Board also addressed matters related to the delay in submitting audited financial results for the quarter and year ended March 31, 2026.Reappointment of Internal Auditor M/s N.K. Mittal & Associates (Chartered Accountants) was re-appointed as the Internal Auditor of Davin Sons Retail Ltd for the Financial Year 2026-27. The appointment was made on June 05, 2026.The firm responsible for the auditing is M/s N.K. Mittal...

PM Hails Gujarat's Green Leap: Cleanliness and Renewable Energy Drive Massive Infrastructure Surge Prime Minister delivered a powerful address in Surat today, celebrating the city’s commitment to environmental stewardship. Beyond the launch of key development projects, the Prime Minister highlighted Gujarat's rising prominence as a national leader in green growth. The event emphasized the transformation of industrial hubs into centers of sustainable development, underlining the nation's push for self-reliance.Surat Celebrates Cleanliness and Environmental Dedication The Prime Minister specifically lauded the citizens of Surat for organizing a five-day cleaning campaign. He described the effort as an "invaluable gift," noting that one...