Markets

Coforge and Solstice Innovations Partner to Redefine P&C Insurance Modernization Through Agentic AI Greater Noida, India / Princeton, NJ, USA - April 2, 2026 - Coforge, a global AI-native engineering services leader, announced a strategic partnership with Solstice Innovations, Inc. to accelerate agentic AI-led adoption of modern core insurance technology for P&C insurers.Under the agreement, Coforge will establish a dedicated Center of Excellence (CoE) powered by its Forge-X AI platform, enabling faster, more intelligent client onboarding, system integration, migration, quality engineering, and business process transformation for Solstice and its customers.The partnership brings together AI-native capabilities that will redefine P&C...

Bhaskar Bhattacharya Resigns as Independent Director of Power Finance Corporation Ltd. Power Finance Corporation Ltd. (PFC) announced the resignation of Bhaskar Bhattacharya from his position as an Independent Director, effective April 1, 2026. Bhattacharya’s resignation was communicated via email and stems from his candidacy in the upcoming West Bengal Assembly election, aiming to avoid any potential conflict of interest.Bhattacharya, whose DIN is 09406292, was initially appointed as a part-time Non-Official Director in May 2025 for a one-year term or until further orders. He confirmed that there were no other reasons for his resignation beyond his political aspirations.In a communication to the Chairman and Managing Director...

Bharti Airtel Reaches 650-Million Customer Milestone, Ranked Second Globally New Delhi, April 2, 2026 - Bharti Airtel, a leading telecommunications service provider and the world’s second largest telecom operator by customer base, has achieved a milestone of 650 million customers. According to GSMA Intelligence, Bharti Airtel holds the second position globally in mobile customer base, with operations spanning India and Africa.Executive Vice Chairman, Gopal Vittal, stated that the company is committed to serving customers and investing in technology to provide connectivity and a safe network.Airtel's global ranking is supported by its operations in India and Africa, alongside a growing portfolio of digital services and infrastructure...

GE Power India Limited Receives Observations from BSE and NSE Regarding Scheme of Arrangement GE Power India Limited has received observation letters from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) regarding the proposed Scheme of Arrangement between GE Power India Limited (the Demerged Company) and JSW Energy Limited (the Resulting Company). The observations were received on April 1, 2026.The BSE provided an observation letter with "No Adverse Observations," while the NSE issued a letter with "No Objection." These observations pertain to the scheme, which is being pursued under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.The Scheme remains subject to...

Steel Authority of India Ltd. Announces Leadership Changes New Delhi – Steel Authority of India Ltd. (SAIL) announced changes to its board leadership, effective April 1, 2026. Shri Amarendu Prakash, Chairman and Managing Director, resigned from his position, as previously communicated in a letter dated January 2, 2026, to the Ministry of Steel, Government of India. The resignation was approved, and he has ceased to be a member of the SAIL Board.Krishna Kumar Singh, Director (Personnel), has been given the additional charge of the post of Chairman and Managing Director for a period of three months, from April 2, 2026, to July 1, 2026, or until a regular incumbent is appointed, whichever occurs first.Details of Leadership Change...

LatentView Analytics Invests $3M in Healtheon AI Chennai, April 2, 2026 – LatentView Analytics (BSE: 543398, NSE: LATENTVIEW), an AI-driven analytics, data engineering, and consulting firm, has completed a $3 million investment in Healtheon AI, a company focused on Agentic AI solutions for healthcare Revenue Cycle Management (RCM)."This investment is a strategic step forward in line with our AI vision of prioritizing advanced technology and proven expertise to deliver maximum value to our clients," said Rajan Sethuraman, CEO of LatentView Analytics. The investment will allow LatentView to become a preferred partner for Healtheon AI's customers.Nick van Terheyden, MD and CEO of Healtheon AI, expressed excitement about the...

Inventurus Knowledge Solutions Limited Completes Investment in Subsidiary Inventurus Knowledge Solutions Limited announced the completion of a second tranche investment in its wholly-owned subsidiary, Inventurus Knowledge Solutions, Inc. ('IKS Inc.'), on April 2, 2026. This follows prior disclosures made on March 13, 2026, and March 27, 2026, regarding the board’s approval for the additional investment.The company acquired 32,635 shares of IKS Inc. in this second tranche, representing a total investment of USD 20,990,505. This completes the investment event previously announced on March 13, 2026.Source:

Mercury Ev-Tech Ltd. Responds to Share Price Movement Inquiry Mercury Ev-Tech Ltd. (NSE: 531357) confirmed that it is unaware of any specific information that would account for recent share price fluctuations. The company responded to a request for clarification from the BSE Limited regarding the recent movement in the share price.According to the company, the price movement is attributed to prevailing market conditions and is not linked to any impending announcements or management actions. Mercury Ev-Tech Ltd. stated that its management is not connected to the share price movement.The company emphasized its commitment to corporate governance and stated it regularly disseminates price-sensitive information in accordance with SEBI...

Brooks Laboratories Ltd. Responds to Share Price Movement Brooks Laboratories Ltd. addressed concerns regarding recent activity in its share price, according to a statement released on April 2, 2026. The company responded to a communication from BSE Limited, referencing a "Movement in Price Letter" dated April 1, 2026.Brooks Laboratories Ltd. affirmed that it has disclosed all material information relevant to the company’s operations and performance, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price-sensitive information is currently held that could influence share price or volume behavior.Management stated that they are unaware...

Birlasoft Appoints Vikram Puranik as Chief Operating Officer Noida, Pune (India), and Edison (N.J.), April 2, 2026: Birlasoft Ltd [BSE: 532400, NSE: BSOFT ], part of the CKA Birla Group, has announced the appointment of Vikram Puranik as Chief Operating Officer (COO), effective April 1, 2026. Vikram will be based in Pune, India.Vikram Puranik brings over 25 years of experience in technology leadership, with a focus on building and scaling high-performance engineering organizations. His prior role at GlobalLogic involved leading digital engineering transformations for Fortune 500 enterprises.As COO, Vikram will focus on strengthening Birlasoft’s global delivery and innovation agenda, driving operational excellence, margin expansion...

McNally Bharat Engineering Company Limited Reports Nil Defaults on Loans and Debt Securities McNally Bharat Engineering Company Limited announced on April 2, 2026, that it has nil defaults on loans and debt securities as of March 31, 2026. The disclosure adheres to the circular issued by the Securities and Exchange Board of India (SEBI) on November 21, 2019, regarding defaults on payments of interest or repayment of principal.According to the company’s report, the total outstanding amount for loans and revolving facilities, including cash credit from banks and financial institutions, was nil as of March 31, 2026. Similarly, the amount of default on these facilities was also nil. Outstanding amounts for unlisted debt securities...

Tega Industries Subsidiary Receives Assessment Order Tega Industries Limited announced on April 2, 2026, that its wholly owned material subsidiary, Tega McNally Minerals Limited (TMML), received an Assessment Order from the Assistant Commissioner of Income Tax, Circle 1(1), Kolkata.The order, issued under Section 143(3) read with Section 147 of the Income-tax Act, 1961, pertains to the period of April 2016 to March 2017 (Assessment Year 2017-18), prior to TMML’s acquisition by Tega Industries Limited in March 2023. The total tax demand raised under the order, including interest, amounts to ₹13,78,92,170.The order involves additions and disallowances related to the determination of certain expenditures. Tega Industries Limited states...

Gorani Industries Responds to Price Movement Query Indore – April 2, 2026 – Gorani Industries Ltd. responded to a query from the BSE Limited regarding recent movement in the company's share price. The response, dated April 2, 2026, addressed the exchange’s inquiry received via mail on April 1, 2026.Gorani Industries stated that there is no pending information, announcement, or disclosure that would be considered price-sensitive and impacting the company’s security. The company attributed the share price movement to market-driven conditions.Nakul Gorani, Whole-time Director (DIN: 06543317) of Gorani Industries, signed the response. The registered office of the company is located at Plot No. 32-33, Sector-F, Sanwer Road, Industrial...

Ola Electric Cuts Roadster 9.1 Price by ₹60,000 as 4680 Bharat Cell Production Scales; Moves to Limited Purchase Windows Amid Strong Demand Ola Electric today announced a price reduction for its Roadster X+ 9.1 kWh electric motorcycle, powered by its 4680 Bharat Cell. The price reduction, enabled by rapid economies of scale at its Gigafactory and vertical integration of its domestically developed 4680 Bharat Cell, lowers the Roadster 9.1 kWh’s price to ₹ 1,29,999, down from ₹ 1,89,999.The company will transition to a limited purchase window model, with vehicles available in specific time-bound slots and limited quantities. The first purchase window will open on Friday, April 3, from 6:00 PM to 9:00 PM, with subsequent windows to be...

Lupin Completes Acquisition of VISUfarma Mumbai, London, Rome, Zug, April 2, 2026 – Lupin Limited announced the completion of its acquisition of VISUfarma B.V. (VISUfarma) from GHO Capital Partners LLP (GHO). The acquisition expands Lupin's specialty care portfolio and strengthens its presence in Europe.The integration of VISUfarma has expanded Lupin's ophthalmology portfolio to over 60 branded products spanning dry eye, glaucoma, eyelid hygiene, blepharitis, retinal health, and specialty nutraceuticals. VISUfarma has a commercial footprint across key European markets, including Italy, the UK, Spain, Germany, and France.VISUfarma generated €53 million in revenue in 2025 across Italy, the UK, Spain, Germany, France, and certain...

Desco Infratech Ltd. Schedules Board Meeting on May 4, 2026 Desco Infratech Ltd. announced that a meeting of its Board of Directors will be held on Monday, May 4, 2026, at the company's registered office. The meeting agenda includes consideration and approval of the Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026, along with the Audited Standalone and Consolidated Financial Results for the half-year and year ended March 31, 2026. The Board will also review the Statement of Assets and Liabilities and Cash Flow Statement. Other matters may be discussed with the permission of the Chair.The company previously closed the trading window for securities on April 1, 2026, in accordance with its Code...

Ganesh Green Bharat Limited Receives Order for Rooftop Solar Project Ganesh Green Bharat Limited announced it has received a Notification of Award (NOA) from NTPC Vidyut Vyapar Nigam Limited for a 1500 KW rooftop solar project at GOA Shipyard. The order, dated April 1, 2026, is for an approximate amount of INR 6,15,27,165 inclusive of all duties and taxes.The contract encompasses three key components: supply of plant and equipment, provision of related services including inland transportation, installation, and testing, and comprehensive operation and maintenance for a period of ten years. The order references Rate Contract Bid Document No. NVVN/C&M/RE-303/2024-25 dated September 19, 2024.Here's a summary of the order details...

Advait Energy Transitions Limited Announces Winding Up of Subsidiary Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, announced the winding up and liquidation of its wholly-owned subsidiary, Advait Energy Holdings AS, domiciled in Norway, effective March 31, 2026.According to information released, Advait Energy Holdings AS contributed NoK 0.00 (equivalent to INR 0.00) in turnover and NoK (-)16.42 Lacs (equivalent to INR (-)134.77 Lacs) representing 0.67% of the company’s net worth for the fiscal year 2024-25. The company anticipates receiving NoK 7059 (less bank charges and applicable fees) upon closure of relevant bank accounts.The winding-up process did not involve the sale of assets and, therefore...

Astra Microwave Products Ltd. Receives Order Worth Rs. 250.58 Crores from Hindustan Aeronautics Limited Astra Microwave Products Ltd. announced on April 2, 2026, that its joint venture company, Astra Rafael Comsys Private Limited, has received an order from Hindustan Aeronautics Limited (HAL) for Rs. 250.58 crores (including taxes). The order, placed on April 1, 2026, is for the supply of Software Defined Radio (SDR) for HAL, Bangalore. Astra Microwave Products Ltd. will receive a portion of the business from this order through its joint venture.The order is to be executed within 18 months.a)Name of the entity awarding the order(s)/contract(s)Hindustan Aeronautics Limitedb)Significant terms and conditions of order(s)/contract(s)...

IRB Infrastructure Developers Limited Allots Bonus Equity Shares IRB Infrastructure Developers Limited announced the allotment of 603,90,00,000 bonus equity shares on April 2, 2026. The allotment follows previous announcements made on February 13, 2026, and March 23, 2026.The bonus shares are being issued in a ratio of one new share for every existing share held. Eligible shareholders were those registered in the company's records as of April 1, 2026. Each bonus share carries a face value of Re.1.Following the allotment, the company's paid-up share capital has increased to Rs.1,207,80,00,000, comprised of 1,207,80,00,000 equity shares of Re.1 each. The newly issued shares rank equally with existing shares.MetricAmountBonus...