Markets

Maxvolt Energy Signs MoU with IIT Delhi’s FITT for Battery Technology Collaboration Maxvolt Energy Industries Limited has entered into a Memorandum of Understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), IIT Delhi. This agreement aims to establish a collaborative framework focused on enhancing research and development capabilities within the energy sector.The MoU outlines mutual collaboration in several key areas, including research, development, consulting, testing, validation, and technical advisory services, specifically within battery technologies and Battery Management Systems (BMS). The partnership is structured as a domestic collaboration.The scope of the agreement centers on the development...

Paramount Speciality Forgings Mourns the Demise of Independent Director Nimesh Mukerji Paramount Speciality Forgings Limited announced the passing of its Independent Director, Mr. Nimesh Mukerji. The company stated that Mr. Mukerji passed away on April 14, 2026.The demise of Mr. Mukerji is described by the company as an irreparable loss. All the directors and employees of Paramount Speciality Forgings expressed their deep sympathy, sorrow, and condolences to his family following the unexpected passing.The company has officially confirmed the change in directorship status.ParticularsDetailName of the DirectorMr. Nimesh MukerjiDirector Identification Number (DIN)07705885Reason for ChangeDeath (Passed away)Date of...

ICICI Prudential Life Insurance Allots Equity Shares Under Employees Stock Option Scheme ICICI Prudential Life Insurance Company Ltd. announced the allotment of equity shares to employees under its established stock option scheme. On April 15, 2026, the company allotted 209,760 equity shares, each having a face value of ₹ 10.The allotment was made under the ICICI Prudential Life Insurance Company Limited Employees Stock Option Scheme (2005).The company confirmed that the allocation was approved by the Managing Director & CEO on April 15, 2026, at 12:00 p.m. IST.The allotted equity shares will rank pari-passu with the company's existing equity shares.ICICIPRULI Stock Price Movement Shares of ICICI Prudential Life Insurance...

Globe Civil Projects Builds on Strong Order Book, Focuses on Government Infrastructure Growth Globe Civil Projects Limited, an integrated Engineering, Procurement, and Construction (EPC) company, reported strong execution momentum driven by a robust order book and deep involvement in government projects. The company specializes in executing institutional, infrastructure, and commercial projects across civil, structural, MEP, and turnkey segments, maintaining a strong presence through its government-focused EPC model.The company’s key metrics for FY26 highlight substantial operational depth and market penetration.MetricDetailValueOrder Book (as on March 2026)Total e Order Book730 CrGovernment ExposureShare of pending order...

Escorts Kubota Ltd Board Meeting Scheduled for May 7; Trading Window Remains Closed Escorts Kubota Ltd has announced details regarding its upcoming Board of Directors meeting and reiterated the status of its trading window for dealing in shares.The company confirmed that the Board of Directors meeting is scheduled for Thursday, May 07, 2026. The primary purpose of this meeting is to consider and approve the Audited Financial Results, both Standalone and Consolidated, for the quarter and the financial year ended March 31, 2026.In a separate announcement concerning corporate governance, Escorts Kubota Ltd confirmed that the trading window for dealing in the company's shares will remain closed until May 09, 2026, inclusive. This...

Aster DM Healthcare Reports Operational Resumption After Kerala Nurse Strike Aster DM Healthcare Ltd has provided an update regarding the nurse strike that affected its hospitals across Kerala, detailing ongoing efforts to achieve a settlement with the United Nurses Association. The company confirmed that all nursing staff have returned to work, and operations at all affected units have now resumed in full capacity.The firm stated that it has been actively engaging with the United Nurses Association over the past few weeks to negotiate a comprehensive settlement regarding the wage structure demands that triggered the strikes.In terms of legal proceedings, the Hon'ble High Court had previously directed the United Nurses Association...

Desh Rakshak Aushdhalaya Ltd Board Approves RTA Change, Re-appoints Internal Auditor, and Plans Expansion Desh Rakshak Aushdhalaya Limited, a manufacturer of Ayurvedic and Herbal Products, announced that its Board of Directors conducted a meeting on April 15, 2026. During the meeting, the Board approved several key corporate actions, including a change in the Registrar and Share Transfer Agent (RTA), the re-appointment of the Internal Auditor, and proposals for national and international expansion.In terms of governance updates, the Board approved the proposal to change the company's Registrar and Share Transfer Agent (RTA) from M/s. MAS Services Limited to M/s. Nivis Corpserve LLP.The company also formalized its audit structure by...

Tata Consultancy Services (TCS) has announced a strategic partnership with the University of Cincinnati and Salesforce to launch the 'My First AI Job' skills training program. The initiative aims to prepare students for entry-level AI careers and help build a future-ready American workforce.The program, unveiled on April 15, 2026, is designed to bridge the gap between academic learning and real-world job readiness. It offers final-year students an intensive, three-month curriculum focused on key technical, communication, and employability skills required in the current competitive marketplace. The training combines hands-on projects, mentorship, global certifications, and practice interviews, ensuring that skills align directly with...

Intellect Design Arena Launches eMACH.ai Islamic Banking Platform for Shariah Compliance Intellect Design Arena Limited, a financial technology company, has launched eMACH.ai Islamic Banking, a comprehensive, cloud-native, and microservices-based platform designed to assist banks in maintaining Shariah integrity while digitalizing operations. The platform is specifically developed to be AAOIFI-compliant, addressing the needs of modern Islamic banking institutions.The announcement details that the new suite is built on the eMACH.ai foundation (Events, Microservices, API, Cloud, Headless, AI) and adheres to "Shariah by design" principles. It aims to solve the challenges presented by existing Islamic banking solutions, which often rely...

AVI Polymers' Subsidiary Launches KrishiBuddy Platform to Transform Indian Agritech Sector AVI Polymers Ltd has announced the successful launch of 'KrishiBuddy,' a smart farming application developed by its wholly-owned subsidiary, AVI Eco Spark Private Limited. The platform, accessible at https://krishibuddy.tech/, represents a significant strategic shift for AVI Polymers into high-growth technological sectors, focusing on artificial intelligence and Internet of Things (IoT) ecosystems within Indian agriculture.KrishiBuddy is designed as a comprehensive, AI-powered smart farming assistant intended to democratize sophisticated agricultural data for smallholder farmers across India. The platform aims to capture a considerable share of...

Independent Director Shri Vallabhbhai Maneklal Patel Ceases Tenure at Indian Railway Finance Corporation Limited Indian Railway Finance Corporation Limited (IRFC), a Government of India enterprise, announced the cessation of Shri Vallabhbhai Maneklal Patel from the role of Independent Director. The change is effective from April 15, 2026, following the completion of his tenure.The company confirmed that Shri Patel, who holds DIN: 07713055, ceased to serve as a Non-Official Director (Independent Director) on the specified date. The departure was noted as a cessation upon completion of his tenure.Key details regarding the change in the directorate are summarized below:ParticularsDetailDirector NameShri Vallabhbhai Maneklal...

Mahanagar Telephone Nigam Limited Pays Rs 8,00,000 Financial Disincentive to TRAI Mahanagar Telephone Nigam Limited (MTNL), a Government of India Enterprise, has been issued a financial disincentive order by the Telecom Regulatory Authority of India (TRAI). The order, dated April 13, 2026, mandates MTNL to pay a total penalty of Rs 8,00,000/- for non-compliance related to Quality of Service (QoS) standards during the quarter ending September 2025.The penalty stems from the contravention of the provisions laid out in the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) for Access Service (Wireless). MTNL received the order concerning the...

Capri Global Capital Secures 'Good' ESG Rating from Sustainable Fitch Capri Global Capital Limited (CGCL), a leading Non-Banking Financial Company (NBFC), has received a Second-Party Opinion (SPO) from Sustainable Fitch. The assessment granted an overall alignment rating of 'Good' for the company's Sustainable Finance Framework.The SPO confirms that Capri Global's framework is fully aligned with major industry guidelines, including the International Capital Market Association (ICMA) Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines.The Sustainable Finance Framework established by CGCL enables the company to raise green and social finance funds. These proceeds are utilized to fund or refinance eligible...

Exhicon Events Media Solutions Ltd. released its Business Update for the Half Year ended March 31, 2026, detailing operational achievements and strategic developments across multiple markets. The company highlighted its continued expansion across aviation, infrastructure development, and large-scale event execution, reinforcing its role in integrated exhibition services both pan-India and in eight international markets.H2 FY 2025-2026 Operational Overview For the half-year ended March 31, 2026, Exhicon emphasized robust performance, noting that the company maintained a high-growth trajectory despite market volatility. Key operational and financial strengths included:Operational Excellence: Delivering strong performance across...

SKF India Appoints Manasa Nagaraju as Head of IT & Digitalization SKF India (Industrial) Ltd has announced the appointment of Ms. Manasa Nagaraju as the Head of IT & Digitalization, integrating her into the company's Senior Management Team (SMP). The Board of Directors approved this appointment, which is effective from April 15, 2026, based on the recommendation of the Nomination and Remuneration Committee.In her capacity, Ms. Nagaraju is tasked with overseeing key digital portfolios for the company. Her responsibilities include cloud delivery, people-experience platforms, sustainability digitalization, and enterprise data strategy. She is responsible for driving modernization, simplification, and governance across the IT landscape...

MOIL Limited Reports Cessation of Independent Director Shri Dinesh Kumar Gupta MOIL Limited, a Government of India Enterprise, has confirmed the cessation of independent director Shri Dinesh Kumar Gupta. The change in the board's composition is effective from April 15, 2026.According to documentation received, Shri Dinesh Kumar Gupta (DIN-01303034) ceased to serve as a Director of the Company upon the completion of his tenure. This transition was confirmed in alignment with the Government of India order number 1/1/2025-BLA, which was dated April 15, 2025.MOIL Stock Price Movement Shares of MOIL Limited are edging higher to ₹309.8 as of 11:53 AM today, posting a gain of 1.46% in live trading. The stock remains active within its...

Simandhar Impex Ltd: Independent Directors Find Open Offer Fair and Reasonable The Committee of Independent Directors for Simandhar Impex Ltd conducted a meeting on April 15, 2026, regarding the open offer for the company's shares. Following a review of the documentation, the Committee concluded that the open offer proposed by Tamililangana Private Limited is fair and reasonable.The open offer involves the acquisition of 7,7.5,310 equity shares of Simandhar Impex Ltd at a price of Rs 3QL:p per equity share. This offering represents 25.36% of the fully paid up and voting share capital by Tamililangana Private Limited.The Committee of Independent Directors reviewed and analyzed the open offer parameters given by Tamililangana Private...

NMDC Ltd Updates Board Composition Following Change in Director Tenure NMDC Limited, a Government of India Enterprise, has updated the composition of its board of directors. The company announced that the tenure of Shri Sanjay Tandon as an Independent Director concluded on April 14, 2026.The board’s updated structure includes several functional, government nominee, and independent directors, as per the revised list of directors.Current Board of Directors The directors of NMDC Limited are categorized into three groups: Functional Directors, Government Nominee Directors, and Non-Official Independent Directors.Functional DirectorsShri Amitava Mukherjee: Chairman & Managing Director (DIN: 08265207) Shri Vinay Kumar: Director...

Diamond Power Infrastructure Ltd Receives Letter of Intent for Rs 45.47 Crore Cable Supply Diamond Power Infrastructure Ltd has announced the receipt of a Letter of Intent (LOI) for the supply of cables from Adani Electricity Mumbai Limited. The contract is a domestic transaction, with the supply spanning from May 2026 to May 2027.The deal, covering the supply of cables, is valued at Rs 45,47,45,592/- inclusive of tax.The key details regarding the transaction award are as follows:ParticularsDetail/InformationAwarding EntityAdani Electricity Mumbai LimitedNature of ContractSupply of CablesGeographical ScopeDomestic Entity (Domestic)Contract DurationMay 2026 to May 2027Total ValueRs 45,47,45,592/- inclusive tax...

Delta Autocorp Launches 'Deltic Express' 6-Seater EV to Boost Commercial Mobility Delta Autocorp Limited (Deltic) has announced the introduction of its new electric vehicle, 'Deltic Express.' This vehicle is designed as a 6-seater passenger unit and falls within the L5 category, marking a significant progression in commercial electric mobility offerings.The launch comes as a direct response to user feedback gathered from Deltic’s earlier 4-seater (L3) passenger vehicles, which have seen strong adoption across Bharat. As usage expanded, the company noted consistent market feedback highlighting two practical constraints in daily operations: limited passenger space and restricted speed, both factors that previously impacted trip...