Markets

Hero MotoCorp Reports Record FY26 Performance, Declares Rs. 75 Dividend, and Highlights Global Expansion Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, announced record financial results for the fiscal year 2026 (April 2025 - March 2026), reporting significant growth in revenue and net profit. The company also declared a substantial final dividend of Rs. 75 per equity share.The financial results, reviewed and approved by the Board of Directors on May 5, 2026, showed strong momentum across both domestic and international markets.Key Financial Highlights for FY26 For the full fiscal year 2026, the Company reported an annual Revenue from Operations amounting to Rs. 46,830 Crore, with Profit After Tax (PAT)...

BCPL Railway Infrastructure Limited Emerges as Lowest Bidder for Eastern Railway Project BCPL Railway Infrastructure Limited announced that it has been selected as the Lowest Bidder (L1) for a major infrastructure project undertaken by the Eastern Railway. The contract pertains to the vital work of replacing old, overaged, and badly rusted Cantilever Assemblies in the Howrah Division.The tender was issued under Tender No. ELD-125-WC-OT-46-25, and the company confirmed that this work falls within its normal course of business operations. Although the company has secured the bid, the contract details specified that the agreement is yet to be formally received.The project details, awarded by the Eastern Railway's Howrah Division, carry...

Hero MotoCorp Reports Record Revenue and Profit After Tax in 25th Consecutive Year of Industry Leadership Hero MotoCorp Limited, the world's largest manufacturer of motorcycles and scooters, announced record financial results for the fourth quarter and the fiscal year 2026, marking the company's 25th consecutive year of industry leadership. The company declared a final dividend of Rs. 75 per equity share.For the fiscal year 2026 (April 2025 - March 2026), the company reported its annual Revenue from Operations and Profit After Tax (PAT) amounting to Rs. 46,830 Crore and Rs. 5,268 Crore, respectively. Consolidated revenue for the year stood at Rs. 47,411 Crore, representing a 16% year-on-year growth, with Profit After Tax (PAT)...

Grover Jewells Board Approves Increased Borrowing Limits, NCD Issue, and Remuneration Packages Grover Jewells Limited announced the outcomes of its Board of Directors meeting held on May 05, 2026. The Board approved several material corporate actions, including increasing the company's borrowing threshold, planning a significant raise through the issue of Non-Convertible Debentures, and revising managerial remuneration for key directors.During the meeting, which commenced at 1:45 pm and concluded at 3:15 pm, the Board of Directors recommended and approved the following key resolutions:Financial and Debt Financing The company approved increasing its existing borrowing threshold limit. The limit was proposed to increase from Rs...

Kriti Industries Announces Financial Results and Key Governance Decisions Following Board Meeting Kriti Industries (India) Limited held its Board of Directors meeting on May 5, 2026, to review and approve its financial performance and operational developments. The outcomes of the meeting include the finalization of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.During the meeting, the Board of Directors took several key corporate actions and approvals. The resolutions approved by the board included:Approval of the Standalone and Consolidated Audited Financial Results for the Quarter and Year ended March 31, 2026. Approval of the Auditor's Report, containing the opinion on the...

Royal Government of Bhutan and World Bank Ink $515 Million Deal for Dorjilung Hydroelectric Project THIMPHU, May 5, 2026 - The Royal Government of Bhutan and The World Bank announced the signing of financing agreements totaling $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project. The agreement is set to significantly boost Bhutan's energy sector, providing clean electricity, driving economic growth, and enabling clean energy exports.The Dorjilung Hydroelectric Power Project, located on the Kurichhu River in eastern Bhutan, is described as a cornerstone of Bhutan's 13th Five-Year Plan and the Kingdom's largest hydropower project developed under a public-private partnership model.According to officials, the facility is...

Hindustan Oil Exploration Receives Administrative Warning for Delayed Compliance Reporting Hindustan Oil Exploration Company Limited (HOEL) confirmed on May 4, 2026, that it received an administrative warning letter concerning delayed compliance reporting for a material event. The notice pertains to updates on a foreign arbitral award, citing deviations in the required timely disclosure of judicial orders.The warning letter highlighted that the company had received interim orders from the Hon'ble High Court of Madras on September 16, 2025, and a subsequent interim order on October 28, 2025, related to the foreign arbitral award.The key compliance issue identified was the delay in reporting the order dated October 28, 2025. The...

Jubilant Ingrevia Limited Receives Tax Appeal Order Regarding GST Demand for FY 2017-18 Jubilant Ingrevia Limited has received an order from the Additional Commissioner, State Tax, Moradabad, confirming a demand for Goods and Service Tax (GST), along with associated penalty and interest for the financial year 2017-18.The demand relates to an alleged wrong availment and utilization of Transitional Input Tax Credit, which the authorities claim violated Section 16 of the GST Act (s), 2017. The order was received by the company on May 4, 2026.The confirmed demands and details of the order are presented below:AuthorityAction TakenTax Demand Confirmed (FY 2017-18)Penalty ConfirmedDetails of ViolationAdditional Commissioner, Grade 2...

ICICI Bank Confirms No Material Impact Following SEBI Administrative Warning ICICI Bank Limited recently addressed an administrative warning issued by SEBI regarding certain operational matters. The notice concerned non-compliances identified in relation to the Bank’s activities as a depository participant.The observations were determined during a periodic inspection conducted by SEBI jointly with the depositories. The Bank has confirmed that it is currently undertaking necessary corrective action to address the observations.ICICI Bank Limited stated that the identified issues have no material impact on the bank’s financial standing, operations, or any of its other activities.ICICIBANK Stock Price Movement ICICI Bank Limited...

SRF Limited Announces Audited Standalone and Consolidated Financial Results for FY2026 SRF Limited has announced its audited financial results for the quarter and the full year ended March 31, 2026, following the approval by the Board of Directors. In the company's meeting held on May 5, 2026, the Board also recommended 'Nil' final dividend.The audited results include comprehensive statements detailing the company's financial performance across both standalone and consolidated figures.Financial Performance Overview The consolidated financial results show significant growth in revenue and profitability for the Group. Total revenue from operations for the year ended March 31, 2026, reached 15,786.51 crore, up from 14,358.15 crore in...

Amagi Launches In-Content Ads Marketplace to Boost CTV Performance New York, May 5, 2026 – Amagi, the agentic industry cloud platform for unified broadcast, streaming, and monetization, today announced the availability of its InContent Ads offering through the Amagi ADS PLUS marketplace. This strategic expansion is designed to unlock incremental advertising impact for advertisers that extends beyond traditional ad pods, reaching programmatic scale. The new marketplace offering is immediately available across hundreds of streaming channels, covering premium news, sports, and entertainment content.Powered by THUNDERSTORM, Amagi's server-side ad insertion (SSAI) and dynamic ad stitching platform, the In-Content Ads solution has...

Premier Explosives Limited Wins Export Order Worth INR 33.69 Crores for Rocket Motors Premier Explosives Limited has secured significant export orders for the supply of Rocket Motors, accumulating a total value of INR 33.69 crores. The international orders are scheduled for delivery over a period spanning 18 months.The company announced the receipt of these export orders, which involve supplying Rocket Motors to an international client. The contract is identified as an international order, with the supplies to be executed over a period of 18 months.The transaction details indicate that the order is not related to any promoter group or group company interest, nor does it fall under related party transactions.The key details...

JK Bank Announces Audited Financial Results for FY and Quarter Ended March 31, 2026 The Jammu & Kashmir Bank Limited today announced its audited financial results, covering the quarter and the full financial year ended March 31, 2026. The Board of Directors took these results on record during a meeting held on May 5, 2026. The audited reports provide the Standalone and Consolidated Financial Results for the bank’s group.The audit confirmed that the Standalone and Consolidated Financial Results present a true and fair view of the bank’s financial standing for the specified period.Balance Sheet Highlights The financial statements show substantial increases in the bank's total liabilities and assets in the consolidated view.The total...

GHCL Limited Approves Dividend Payout Increase, Confirms FY26 Financial Results GHCL Limited announced the outcomes of its Board of Directors meeting held on May 5, 2026, detailing key strategic approvals, the recommendation of audited financial results for the year ended March 31, 2026, and updates on its governance structure.The Board approved the adoption of the audited annual accounts for the financial year ended March 31, 2026, subject to approval by the company's members at the ensuing Annual General Meeting (AGM).Key Board Approvals and Financial Guidance The Board made several significant approvals related to the company's financial policy and future planning:Dividend Policy Revision: The Dividend Distribution Policy is...

DCW Limited Approves FY 2026 Results and Recommends 10% Final Dividend DCW Limited announced the approval of its audited financial results for the fourth quarter and the financial year ended March 31, 2026, following a Board meeting held on May 05, 2026. The Board also recommended a final dividend, along with the re-appointment of key audit partners.The company confirmed that M/s. V. Sankar Aiyar & Co., statutory auditors, issued an audit report with an unmodified opinion on the audited financial results for the quarter and financial year ended March 31, 2026.Financial Highlights and Dividend Recommendation During the Board meeting, the directors considered and approved the audited financial results for the period. Management also...

Quess Corp Announces Strong FY26 Results with EBITDA of ₹312 cr; Board Declares ₹6 Dividend Bengaluru, India, May 4, 2026: Quess Corp, a global leader in staffing and workforce solutions, announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY26) on May 4, 2026. The company reported a significant increase in EBITDA and announced a total dividend of ₹6 per share.Q4 and FY26 Financial Performance The company’s performance data reveals strong growth across both quarters. In Q4 FY26, the reported revenue stood at ₹3,892 cr, marking a 6% year-on-year (YoY) increase. EBITDA for the quarter was ₹86 cr, rising 28% YoY and 8% quarter-over-quarter (QoQ).For the full fiscal year 2026, Quess Corp reported a...

TechD Cybersecurity Incorporates Wholly-Owned Subsidiary to Boost Global Cybersecurity Presence TechD Cybersecurity Limited announced the incorporation of a wholly-owned subsidiary, TECHD GLOBAL IFSC PRIVATE LIMITED. This move is positioned to solidify the group's global footprint and significantly expand its operations within the cybersecurity domain.The newly formed subsidiary, TECHD GLOBAL IFSC PRIVATE LIMITED, was incorporated at Gift City, Gandhinagar, and registered with the Registrar of Companies, Gujarat at Ahmedabad on May 4, 2026. As of the current report, the entity is yet to commence its business operations.The incorporation aims to establish the Company as a global holding and strategic investment entity for the Group's...

Bharat Electronics Limited Secures Rs. 1251 Crore Order for Indigenous ELINT System for Indian Army Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured a significant contract valued at Rs. 1251 Crore (excluding taxes). The order is for the supply of the Ground Based Mobile ELINT System (GBMES) to the Indian Army, strengthening India's defense capabilities.The contract, signed with the Ministry of Defence, solidifies BEL's role in the defense sector. The procured GBMES system is highlighted as a totally indigenous and state-of-the-art technological asset. It was designed and developed by DLRL Hyderabad and is manufactured by BEL.The networked intelligence system provided by GBMES is equipped...

Ruchi Infrastructure Limited Confirms Demise of Director (Operations), Sankalp Ved Ruchi Infrastructure Limited announced the passing of Mr. Sankalp Ved, who served as the Director (Operations). Mr. Ved had been appointed to the role effective from September 1, 2024, and his demise occurred on May 5, 2026.The company confirmed the cessation of Mr. Ved's tenure on this date. The Directors and employees expressed deep condolences to his family following his unexpected passing.The key details regarding the change in directorship are as follows:ParticularsDetailsNameMr. Sankalp Ved (DIN: 10729867)Reason for changeDeathDate of cessationMay 5, 2026Brief profileNot ApplicableThe company acknowledged the loss to the...

RBI Completes Mega Auction: ₹18,600 Crore of State Bonds Anchors Regional Stability The Reserve Bank of India (RBI) successfully concluded its yield/price based auction of State Government Securities (SGS) on May 05, 2026. The auction saw a robust participation from investors, with the total amount accepted reaching ₹18,600 Crore. The successful placement of these bonds across five major states underscores continued confidence in state fiscal stability and the deepening institutional investor appetite for high-grade fixed income assets.Comprehensive Auction Results and Participation The RBI successfully raised the targeted amount from all participating states. Andhra Pradesh secured ₹2,200 Crore, followed by Telangana, which also...