Markets

EaseMyTrip Partners with NSDC and Sanatan AI to Formalize India’s Spiritual Economy New Delhi, April 01 2026 – EaseMyTrip, a leading online travel-tech platform in India, has announced a strategic collaboration with the National Skill Development Corporation (NSDC) and Sanatan AI, alongside the Bhagva platform, to launch a national-level entrepreneurship initiative focused on formalizing India’s spiritual services economy.The initiative, structured as a Panchayat-level model under the framework '1 Panchayat 1 Pandit -SANATANAI Shop on Wheels by EMT,' aims to enable Pandits, Pujaris, and Sanskrit-trained youth to become certified micro-entrepreneurs through training, standardized service delivery, and access to institutional financing...

Hindustan Aeronautics Limited Announces Leadership Change at MiG Complex Hindustan Aeronautics Limited (HAL) announced changes in the leadership of its MiG Complex on April 1, 2026. The changes pertain to the Chief Executive Officer (CEO) position.Shishir Kumar Patra has been appointed as the new CEO of the MiG Complex, effective April 1, 2026. This appointment follows the superannuation of Saket Chaturvedi, who served as CEO until March 31, 2026.The changes were disclosed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. HAL's stock trades on the BSE under the scrip code 541154 and on the NSE under the symbol HAL.Sl. No.NameDesignationDate of ChangeReason of Change1Shri Shishir...

Grand Continent Hotels Ltd. Launches 30th Property in Gurugram Grand Continent Hotels Limited (GCH) announced the launch of its 30th property, located in Gurugram, India, on March 30, 2026. This expansion marks the company’s entry into the North India market, a key strategic move for GCH.The hotel, situated in Sector 45-Greenwood City, near Unitech Cyber Park and HUDA City Centre Metro, caters to corporate travelers, long-stay guests, and domestic leisure segments.The property features 38 well-appointed rooms, including 20 Premium Rooms with Balcony and 18 Deluxe Rooms. Amenities include high-speed Wi-Fi, smart TVs, minibars, and work desks. The hotel also offers Flavor's, a multi-cuisine restaurant, in-room dining, a fitness...

Steel Strips Wheels Ltd. Reports Record Sales in March 2026 Steel Strips Wheels Ltd. (SSWL) announced record-breaking performance for March 2026, marking a significant milestone in the company's growth trajectory. The company achieved its highest ever monthly sales, surpassing the ₹500 crore mark for the first time.Performance HighlightsSSWL saw substantial growth across key segments in March 2026. Sales in the Commercial Vehicle (Truck) segment reached a record high, experiencing a 74% year-over-year (YOY) increase in volume. The Tractor segment also demonstrated robust growth, with monthly sales up 31% YOY by volume.Financial SummaryThe company’s financial results reflect strong double-digit growth across key metrics...

izmomicro Expands Defence Electronics Supply Business with Advanced Semiconductor Packaging BENGALURU, INDIA - April 01, 2026 - izmomicro (izmo Microsystems Pvt. Ltd.), the advanced semiconductor packaging subsidiary of izmo Limited, announced today the ongoing supply of advanced semiconductor packaging solutions to India's defence electronics sector. This marks a significant expansion of its business in high-reliability, mission-critical applications.The company is currently supplying advanced packaging technologies for defence electronics programs in two specialized areas: high-frequency RF module packaging, and radar receiver module assembly and packaging.izmomicro supplies advanced packaging solutions for RF integrated circuits...

Max Healthcare Institute Ltd. Allots Shares Under Employee Stock Option Scheme Max Healthcare Institute Limited announced the allotment of 57,461 equity shares on April 1, 2026, following the exercise of vested stock options under the Max Healthcare Institute Limited - Employee Stock Option Scheme 2022. The Nomination & Remuneration Committee approved the allotment. Each share has a face value of ₹10.The allotment increases the company’s paid-up equity share capital from ₹973,13,50,410 to ₹973,19,25,020, and the number of equity shares from 97,31,35,041 to 97,31,92,502.Details of the allotment are as follows:ParticularsDetailsCompany Name & AddressMax Healthcare Institute Limited, 401, 4th Floor, Man Excellenza, S. V. Road...

Alicon Castalloy Announces Leadership Change Alicon Castalloy Ltd. announced a change in leadership effective March 31, 2026. Rajeev Sikand relinquished his position as Chief Executive Officer due to superannuation. Sumit Bhatnagar has assumed the role of Chief Executive Officer, also serving as a Key Managerial Personnel.Sumit Bhatnagar brings over 26 years of experience in the automotive industry. Previously, he served as Group President of ANAND since January 2017, and as Managing Director of ANEVOLVE since January 2022. He also held positions at Gabriel India Limited and Anand CY Myutec. Mr. Bhatnagar holds a BE in Production Engineering and a PGDBM in Finance and Strategy. He is not related to any of the company’s directors...

Escorts Kubota Limited Reports 6.6% Tractor Volume Growth in March 2026 Faridabad, April 1st, 2026: Escorts Kubota Limited’s Agri Machinery Business reported sales of 12,119 tractors in March 2026, a 6.6% increase compared to 11,374 tractors sold in March 2025.Domestic tractor sales reached 11,582 units in March 2026, representing a 7.5% growth over the 10,775 tractors sold in March 2025. The domestic tractor industry exhibited steady performance, supported by sustained rural demand and the gradual onset of Rabi harvesting in select regions. While harvesting activities experienced a slight delay due to recent rainfall, the overall Rabi outlook remains positive. The evolving geopolitical situation poses potential supply-side risks...

VST Tillers Tractors Reports Sales Volume for March 2026 VST Tillers Tractors Limited announced sales figures for the period ended March 2026. The company reported total sales of 4,940 Power Tillers and Tractors for the current period.Sales data, presented in the table below, indicate a mixed performance compared to the corresponding period. Power Tillers sales decreased to 4,185 units in March 2026 from 7,221 in March 2025. Tractor sales also declined, reaching 755 units compared to 671 in the previous year.Sales Volume ComparisonParticularsMarch-26Year to DateMarch-25Year to DatePower Tillers418550332722137297Tractors75559116715287Total Power Tiller &Tractor sales (in Nos)494056243789242584Year-to-date sales...

MTAR Technologies Ltd. Secures Rs. 35.56 Crore Order for Data Center Infrastructure Hyderabad, April 1, 2026 – MTAR Technologies Ltd. has received a purchase order valued at USD 3,783,456 (Rs. 35.56 Crores) from an international entity in the energy sector. The order pertains to the supply of various products for data center infrastructure.The order, from a new customer, is scheduled for staggered deliveries up to December 4, 2026.According to company information, the customer's name cannot be disclosed due to confidentiality agreements. The order does not constitute a related party transaction, and promoters or group companies have no interest in the entity awarding the order.Parvat Srinivas Reddy, Managing Director, stated that...

Jubilant FoodWorks Renews Master Franchise Agreements with Domino's Pizza International Jubilant FoodWorks Limited announced on April 1, 2026, the renewal of its Master Franchise Agreement with Domino's Pizza International Franchising Inc. (DPIF). The agreement grants Jubilant FoodWorks the exclusive franchise rights to develop and operate Domino’s Pizza stores in India for a term of 15 years, with an option for a further 10-year renewal.Additionally, Jubilant FoodWorks’ existing franchise rights for Domino’s Pizza stores in Sri Lanka and Bangladesh have also been renewed, with new master franchise agreements to be executed in a similar form to the India agreement.The agreements cover the rights to develop and operate Domino’s Pizza...

Zaggle Projects Revenue Growth of 25-30% for FY27 Zaggle Prepaid Ocean Services Limited announced revenue guidance for the financial year ending March 31, 2027 (FY27), projecting growth ranging between 25% and 30% on a standalone basis and approximately 40% on a consolidated basis.The company’s strategic focus for the year includes optimizing working capital cycles to enhance cash flow, driving revenue through customer acquisition and cross-selling initiatives, and expanding margins through operating leverage and artificial intelligence-driven efficiency improvements.As of December 31, 2025, Zaggle served more than 3.7 million users and issued more than 50 million prepaid cards in partnership with banking partners. The company...

SML Mahindra Limited Reports Sales Increase for March 2026 SML Mahindra Limited, a manufacturer of trucks and buses, announced sales figures for March 2026, according to a filing. The company reported a 6% increase in total sales for March 2026 compared to March 2025.Total sales for March 2026 reached 2,457 units, up from 2,315 units in March 2025. Cargo vehicle sales increased by 2% year-over-year, reaching 606 units, while passenger vehicle sales rose 8% to 1,851 units.The company also reported cumulative sales for the fiscal year ending March 2026. Total sales for the April-March period reached 16,632 units, a 17% increase compared to 14,221 units in the prior fiscal year. Cargo vehicle sales for the fiscal year totaled 5,412...

ACME Solar Holdings Ltd. Receives Credit Rating Reaffirmation and Assignment from ICRA Limited ACME Solar Holdings Ltd. announced a reaffirmation and assignment of credit ratings from ICRA Limited, as of April 1, 2026. The ratings pertain to enhanced amounts compared to previous ratings.ICRA Limited has reaffirmed and assigned ratings for a total rated amount of ₹2,500 crore. Specifically, the Long term-Non-fund based-Others instrument has been reaffirmed at [ICRA]AA-(Stable) for an amount of ₹1,850 crore, up from a previous amount of ₹1,500 crore. Additionally, a new rating of [ICRA]AA-(Stable) has been assigned to the Long term-Non-fund based-unallocated instrument, with an amount of ₹650 crore.A detailed rating rationale from...

Bitcoin Holds Gains in Asia as Five-Month Losing Streak Ends, ETF Inflows Support Sentiment Bitcoin Steady Above $68,000 After March Recovery Bitcoin maintained its gains in early Asian trading on Wednesday after ending a five-month losing streak with a modest rise in March. The cryptocurrency was trading just above $68,000 at 9:00 a.m. in Singapore, showing little movement on the day, while Ether held firm above $2,100.The recovery comes after Bitcoin posted a 2.2% gain in March, marking its first monthly advance since September and raising hopes that the prolonged “crypto winter” may be nearing an end.Geopolitical Signals Lift Risk Assets Market sentiment improved following comments from US President Donald Trump, who indicated...

Adani Green Energy Adds 5 GW+ of Renewable Capacity in FY26, a Global High Adani Green Energy Limited (AGEL) added 5 GW+ (5,051 Megawatts) of renewable energy capacity during the financial year 2025-26, bringing its total operational portfolio to 19.3 gigawatts (GW). This marks the highest greenfield annual capacity expansion globally, excluding China.The new capacity addition includes 3.4 GW (3,409 MW) of solar, 0.7 GW (686 MW) of wind, and 1 GW (956 MW) of wind-solar hybrid capacity. The expansion is expected to offset approximately 10 million tonnes of carbon emissions annually, with AGEL’s total operational portfolio resulting in a 36 million tonnes annual carbon offset.The majority of the new capacity was commissioned at the...

Adani Green Energy Limited (AGEL) announced the commercial operationalization of renewable energy projects totaling 360.5 MW and a 1,376 MWh Battery Energy Storage System (BESS) on April 1, 2026. The renewable energy projects are located at Bandha, Rajasthan (137.5 MW), and Khavda, Gujarat (223 MW). The BESS projects are located at Khavda, Gujarat.The decision to commence power generation from the projects was made on March 31, 2026, at 10:43 p.m. Following the commissioning of these projects, AGEL's total operational renewable generation capacity has reached 19,293.8 MW, and its total operational BESS capacity is 1,376 MWh.The projects were operationalized through several Adani Green Energy Limited stepdown subsidiaries.Renewable...

IRB Infrastructure Trust’s Project SPV Commences Tolling on NH-16 Section IRB Chandibhadra Tollway Private Limited, a Project SPV of IRB Infrastructure Trust, commenced toll collection on the Chandikhole Bhadrak Section of NH-16 from April 1, 2026. This marks the beginning of a 20-year revenue-linked concession period for the project.The Project SPV made a payment of Rs. 3,087 Crores to the National Highways Authority of India (NHAI) on March 30, 2026, after achieving financial closure for the project. April 1, 2026, was designated as the Appointed Date by the NHAI.Mr. Virendra D. Mhaiskar, Chairman and Managing Director of IRB Group, stated that the project represents the Group's presence in 13 Indian States and is a vital link...

Tejas Networks and IIT Gandhinagar Partner to Advance Telecom Innovation Bengaluru, April 1, 2026 – Tejas Networks [BSE: 540595, NSE: TEJASNET] announced today a Memorandum of Understanding (MoU) with the Indian Institute of Technology Gandhinagar (IITGN) to foster innovation, research, and skill development in next-generation telecom technologies. IIT Gandhinagar is recognized as an Institute of National Importance by the Government of India.The collaboration aims to promote strategic research aligned with national priorities and will establish a telecom Center of Excellence (CoE) at IIT Gandhinagar. This CoE will focus on training, innovation, and deployment-oriented learning in both wireline and wireless technologies.“We are...

Currency Pressure Mounts as External Factors Intensify India’s rupee is facing the risk of weakening to a record level of 100 against the US dollar if the ongoing Iran war continues, with analysts warning that recent measures may offer only temporary support.The currency was already under strain before the conflict, impacted by widening external balances and persistent capital outflows.Oil Price Surge Adds to Economic Strain Strategists at Wells Fargo and Van Eck Associates Corp. have flagged elevated oil prices as a key driver that could accelerate the rupee’s decline. Higher crude prices are expected to push up inflation and widen the current-account deficit, adding further pressure on the currency.Market signals are aligning...