Markets

Ramdevbaba Solvent Limited has reported the commencement of ethanol dispatch by its subsidiary, M/s RBS Renewables Private Limited, to Oil Marketing Companies (OMC's).The first dispatch of ethanol was successfully completed on April 7, 2026, at approximately 10:00 P.M. The subsidiary, located at Tal-Bramhapuri, Dist.-Chandrapur - 441206, Maharashtra, India, has noted that its factory operations are running smoothly.The key details regarding this initial dispatch and the operating entity are summarized below:ParticularsDetailsName of the entityRBS Renewables Private Limited, a subsidiary of Ramdevbaba Solvent LimitedLocation of the Factory UnitTal-Bramhapuri, Dist.- Chandrapur - 441206, Maharashtra, IndiaName of...

Cyient Semiconductor Completes $85 Million Majority Investment in Kinetic Technologies San Jose, California and Hyderabad, India - April 8, 2026: Cyient Semiconductors announced the successful close of its USD $85 million majority stake investment in Kinetic Technologies. Kinetic Technologies is a global power semiconductor solutions provider.This investment positions Kinetic Technologies alongside Cyient Semiconductors, forming a combination with immediate product scale, IP depth, and market credibility. Kinetic Technologies brings over 100 silicon proven IPs and more than 250 high volume custom and ASSPs spanning power management, protection, display power, and interface solutions.The investment marks a significant advancement in...

Flex Foods Ltd Confirms Timely Disclosure of Material Information Flex Foods Ltd confirmed that it has regularly and accurately disclosed all material information pertaining to the company's operations and performance to the stock exchange. The company stated that it has fulfilled all necessary disclosures as required.The company confirmed that no pending information or announcement exists that could affect the price or volume movement of its shares.Flex Foods Ltd stated that the recent movement in the share price is purely market driven. The company maintained that all price sensitive information has been disclosed in a timely manner in the past.Stock Price Movement At 11:15 AM, Flex Foods Ltd- shares are ticking up to ₹44.98...

Leading Indian-Made Foreign Liquor (IMFL) manufacturer, Tilaknagar Industries Limited (TI), has been recognized by FinanceAsia among Asia's Best Companies for 2026. The accolade acknowledges the company's strong management practices, sustained performance, industry leadership, and ongoing commitment to excellence.TI secured a Bronze Medal in the Best Managed Company in India category and a Silver Medal in the Best Managed Company in India (Consumer Staples) category, positioning it among top-performing corporations in India. The company was recognized alongside other major corporations, including Reliance Industries Ltd and Tata Steel Ltd. In the consumer staples category, Tilaknagar Industries ranks among top firms like Tata Consumer...

The Securities and Exchange Board of India issued a Notice of Demand to B S Aggarwal & Sons HUF concerning recovery proceedings related to trading in illiquid stock options at the BSE. The notice pertains to Recovery Certificate number 9080 of 2026 and was issued with reference to an earlier date of April 07, 2026.The notice specifies that a total amount of Rs. 5,21,000/- (Rupees Five Lakh Twenty-One Thousands Only), along with accumulated interest, costs, charges, and expenses, is due to SEBI.A detailed breakdown of the dues recoverable is presented in the following table:Description of DuesAmount (Rs.)Penalty imposed by the Adjudicating Officer vide Order No. Order/AK/DS/2025-26/31979 dated January 21, 2026 in the matter of...

Cyient Ltd announced that its wholly owned subsidiary, Cyient Semiconductors Singapore Pte. Ltd., has successfully finalized the acquisition of a majority stake in Kinetic Technologies.The transaction saw Cyient Semiconductors Singapore Pte. Ltd. acquire a 74% stake on a fully diluted basis in Kinetic Technologies. The total consideration paid for this majority stake was USD 85Mn.The announcement pertains to the acquisition, following a prior announcement made by the company on December 17, 2025.CYIENT Stock Price Movement Shares of Cyient Limited are edging higher to ₹844.5 as of 11:04 AM today, rallying by 1.46% in live trading. The stock activity is supported by 123,477 shares transacted in volume as the market continues its...

The Reserve Bank of India (RBI) issued a statement detailing various developmental and regulatory policy measures across four key areas: Regulations, Supervision, Payment Systems, and Financial Markets. The policy review focuses on enhancing operational efficiency and easing compliance burdens for various financial entities.Regulatory Policy Review The RBI proposed several dispensations and reviews concerning banking regulations. For commercial banks (excluding Regional Rural Banks and Local Area Banks), the condition requiring that incremental provisions made for Non-Performing Assets (NPAs) at the end of any quarter not deviate more than 25 per cent of the average of the four quarters, when including quarterly net profits in the...

The Reserve Bank of India (RBI) on April 8, 2026, addressed the market regarding the economy's outlook, noting that global economic conditions are facing unprecedented challenges stemming from geopolitical tensions, the conflict in West Asia, and disruptions in global supply chains.During the Monetary Policy Committee (MPC) meeting held from April 6 to 8, the MPC unanimously voted to keep the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 5.25 per cent. Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent, while the marginal standing facility (MSF) rate and the Bank Rate stand at 5.50 per cent. The MPC also opted to maintain a neutral stance.The RBI noted that although headline...

DEE Development Engineers Reports March 2026 Order Book Updates DEE Development Engineers Limited released details concerning its order book updates for the period spanning March 1, 2026, to March 31, 2026. The company provided a comprehensive overview of its business segments, detailing order inflows, executed amounts, and cumulative figures.The order book data, presented in INR in Crores, outlines the activity across various nature of activities, including Pipings and Heavy Fabrication.The following table summarizes the order book details for the period:Nature of ActivityCustomer NameCustomer IndustryOpening Balance (as on 1st March, 2026)Order Inflow during March 2026Executed during March 2026Closing Balance (as on 28th...

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) held its 60th meeting from April 6 to 8, 2026, keeping the policy repo rate unchanged. The committee voted unanimously to maintain the policy repo rate under the liquidity adjustment facility (LAF) at 5.25 per cent. Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent, while the marginal standing facility (MSF) rate and the Bank Rate stand at 5.50 per cent. The MPC also opted to continue with a neutral stance.Global and Domestic Economic Outlook The MPC's assessment incorporated a review of evolving macroeconomic and financial developments, considering both global and domestic headwinds.Globally, the conflict in West Asia presents a...

Shriram Finance Allots Equity Shares to MUFG Bank Ltd Through Preferential Issue Shriram Finance Ltd has approved the allotment of Equity Shares to MUFG Bank Ltd through a preferential issue on a private placement basis. The approval was granted by the Company's Board of Directors during a meeting held on April 8, 2026.The Board approved the issuance of 47,11,21,055 fully paid-up Equity Shares. These shares have a face value of Rs.2/- each and were allotted at an issue price of Rs.840.93 per equity share. The allotment includes a premium of Rs.838.93 per equity share.The total aggregate consideration for this preferential issue amounts to Rs.3,96,17,98,28,781.15.The allotted Equity Shares to MUFG Bank Ltd shall rank paripassu with...

ixigo and ConfirmTkt Partner with Swiggy for On-Train Food Delivery Service ixigo Trains and ConfirmTkt, which operate as India's leading AI-based train ticketing platforms, have established a partnership with Swiggy, India's on-demand convenience platform. This collaboration introduces a 'Food on Train' service, integrating Swiggy's extensive restaurant network into the ixigo and ConfirmTkt applications.The service aims to address the convenience needs of "on-the-move" travelers by offering a seamless way to order meals directly to the train seats.Through this integration, travelers can access curated menus and order fresh, hygienic meals from over 40,000 trusted restaurant partners located across more than 160 railway stations in...

Vinyas Innovative Technologies Signs Five-Year Long-Term Agreement with HAL Korwa Vinyas Innovative Technologies Limited has finalized a Long-Term Agreement (LTA) with Hindustan Aeronautics Limited (HAL) Korwa. The agreement pertains to the supply of Electronic systems for HUD and IFFU systems, spanning a period of five years.VINYAS Stock Price Movement Shares of Vinyas Innovative Technologies Limited are edging higher to ₹898.95 as of 10:25 AM today, jumping 4.10% in live trading. The stock is trading within an intraday range, reaching a high of ₹920.45 while 1,400 shares have traded so far.Source:

Hyundai Motor India Ltd Plans Price Increase Up to 1% Starting May 2026 Hyundai Motor India Ltd announced plans to increase the prices of its car portfolio by up to 1%, effective May 2026. The company attributed this price revision to various cost escalations affecting its operations.The price adjustment across the car portfolio will not be uniform, as the quantum of the increase will vary depending on the specific models and variants.Hyundai Motor India stated that its efforts have consistently been aimed at absorbing rising costs to shield customers from price fluctuations. However, the escalating input costs have necessitated passing on a portion of this impact through the marginal price revision.HYUNDAI Stock Price Movement...

Vidya Wires Limited Announces Consolidated Sales Numbers for Q4 FY26 and FY26 Vidya Wires Limited, a manufacturer of winding and conductivity products, announced its consolidated sales figures for the fourth quarter and the full financial year ending March 31, 2026. The results mark a significant period for the group, particularly following the start of commercial production at its wholly-owned subsidiary, ALCU Industries Private Limited.Consolidated Sales Performance The company reported its sales numbers for the quarter and full financial year. The financial data for sales, presented in ₹ million, is detailed in the table below:ParticularsQ-4 (FY26)Q-4 (FY25)FY 2026FY 2025QoQ GrowthYoY Growth...

CARE Ratings Reaffirms Nahar Polyfilms Ltd's Credit Rating Nahar Polyfilms Ltd has received reaffirmation of its credit rating from CARE Ratings. The rating, detailed in a communication dated April 7, 2026, pertains to the company's various financial facilities.The reaffirmed ratings for Nahar Polyfilms Ltd are as follows:Facilities/InstrumentsAmount (Rs.in)RatingLong Term Bank Facilities545.00 (Enhanced from 160.16)CARE A; Stable (Single A)Short Term Bank Facilities12.00CARE Ai (A One)This confirmation provides insight into the company's borrowing facilities structure.NAHARPOLY Stock Price Movement Shares of Nahar Poly Films Limited are surging by 5.21% as of 9:56 AM, climbing to ₹242.19 in live trading. The stock is...

Zydus Lifesciences Secures Final USFDA Approval for Dapagliflozin Tablets Zydus Lifesciences Limited has received final approval from the United States Food and Drug Administration (USFDA) for Dapagliflozin Tablets in strengths of 5 mg and 10 mg. The drug, which is a sodium-glucose cotransporter 2 (SGLT2) inhibitor, is indicated as an adjunct to diet and exercise to improve glycaemic control in adults with type 2 diabetes mellitus.With this significant achievement, Zydus is now eligible for 180 days of shared generic drug exclusivity for Dapagliflozin Tablets, 5 mg and 10 mg.Dapagliflozin tablets will be manufactured at the group's formulation manufacturing facility located at SEZ, Ahmedabad. The market potential for this drug...

TechEra Engineering (India) Limited, formerly TechEra Engineering India Pvt. Ltd., has received a commercial order from a private entity. The contract involves the design, manufacture, installation, commissioning, and first-off proving of precision aerospace composite layup tools, intended to cover the complete aircraft structural surface.The order details indicate that the contract is domestic and was awarded by a private entity. The significant terms and conditions involve the specialized scope of work mentioned above.The consideration for the order, excluding GST, is reported as ₹ 4,87,35,000.00. This figure corresponds to Four Crore Eighty-Seven Lakh Thirty-Five Thousand only.The execution period for this contract is set by...

TVS Motor Launches Armado 200 Three-Wheeler Built for Indonesian Commercial Terrain JAKARTA, April 8, 2026: TVS Motor Company, a global manufacturer of two and three-wheeler vehicles, launched the TVS Armado 200, a three-wheeler designed for the growing commercial and logistics sectors in Indonesia.Engineered to meet the demands of Indonesia's commercial landscape, the TVS Armado 200 is powered by a 197.75 cc oil-cooled engine, intended for sustained operation in high-demand commercial applications. The vehicle features a cargo bed measuring 2,070 x 1,310 x 670 mm and boasts a payload capacity of up to 840 kg, positioning it for various business operations.TVS Motor Company, through its President of International Business, Peyman...

Mumbai, April 8, 2026 (Wednesday) — Indian equity benchmarks staged a sharp relief rally in early trade, with the BSE Sensex soaring nearly 2,800 points (around 4%) to 77,392 and the NSE Nifty 50 climbing over 800 points (3.5%) to 23,939, as easing geopolitical tensions and a sharp fall in crude oil prices triggered broad-based buying. The rally added approximately ₹14 lakh crore to investor wealth within minutes, with the total market capitalisation of BSE-listed companies rising from ₹429 lakh crore to ₹443 lakh crore. Market SnapshotIndexPrevious CloseIntraday HighChange% ChangeSensex~74,60077,392+2,800~3.8%Nifty 50~23,10023,939+800~3.5%Midcap and smallcap indices also participated in the rally, gaining around 3%...