Markets

TCC Concept Limited Plans 60 MW Data Centre Expansion in Pune TCC Concept Limited, through its wholly owned subsidiary NES Data Private Limited, has entered into a Memorandum of Understanding (MOU) for the acquisition of land in Pune. This strategic move is set to facilitate the development of a next-generation Data Centre Campus with a planned IT Load Capacity of up to 60 MW.The proposed campus will be located at Rajiv Gandhi Infotech Park in Hinjewadi, Pune. This project represents a major step in TCC Concept Limited’s strategy to build a diversified digital infrastructure platform. The development follows the Company's existing operations, as NES Data currently owns and operates a 4 MW enterprise data centre in Pune.This...

Reliance Infrastructure's Assets and Reliance Power Stake Face Provisional Attachment Order Reliance Infrastructure Limited has been subject to a provisional attachment order concerning certain assets, including its shareholding in M/s Reliance Power Limited, following receipt of communication from the Enforcement Directorate (ED).The Provisional Attachment Order No. 36/2026, dated August 03, 2026, was received by Reliance Infrastructure Limited on that date. The order relates to alleged violations of PMLA and pertains to the provisional attachment of the company's assets.The total value associated with the Provisional Attachment of certain assets, including the stake in M/s Reliance Power Limited, is reported at Rs. 179.66 crore...

Stock Exchanges Impose Fines on SPR Auto Technologies for Regulatory Non-Compliance SPR Auto Technologies Limited, formerly Shriram Pistons & Rings Limited, has faced penalties from both the National Stock Exchange of India (NSE) and BSE following identified instances of non-compliance or delayed compliance with regulations set forth by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The exchanges levied fines based on their respective Standard Operating Procedures (SOPs) for imposing penalties related to the specified regulatory breaches concerning the period ending May 31, 2026.According to records provided by the National Stock Exchange of India Limited (NSE), the fine was issued under Regulation...

Foreign Investment Boom: SEBI Proposes Depository Receipts for REIT and InvIT Units to Unlock Global Capital Flows Regulatory Shift Targets International Listing of Real Estate Assets The Securities and Exchange Board of India (SEBI) has introduced a significant proposal aimed at broadening investment opportunities in real estate and infrastructure. The regulator is considering allowing the issuance of Depository Receipts (DRs) against units of Real Estate Investment Trusts (REITs) and publicly listed Infrastructure Investment Trusts (InvITs).This move intends to attract substantial foreign capital by enabling these assets to be traded internationally. DRs are financial instruments that allow non-resident investors to trade Indian...

HDFC Asset Management Sees Senior Leadership Transition as Head of Operations ResignsHDFC Asset Management Company Limited announced changes in its senior management personnel, effective following the resignation of a long-serving executive and the reallocation of his responsibilities among existing leaders. The company noted that Mr. V. Suresh Babu, Head -Operations and a Senior Management Personnel (SMP), tendered his resignation to pursue early retirement after a 26-year tenure with the organization.The Board of Directors approved the change in leadership following recommendations from the Nomination and Remuneration Committee. Mr. Babu's last working day will be September 30, 2026. Throughout his association with the company...

Rashi Peripherals Recommends Dividend Of ₹ 2 Per Share for FY2026 The Board of Directors of Rashi Peripherals Limited has recommended a dividend of ₹ 2 per equity share for the financial year ended March 31, 2026. This recommendation comes following the meeting of the Board held on Thursday, May 14, 2026.The company's total face value for the equity shares stands at ₹ 5/- each. The recommended dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).To determine eligibility for this proposed dividend, Rashi Peripherals Limited has set Friday, August 14, 2026, as the Record Date.Upon receiving shareholder approval at the AGM, the company stated that the dividend payment will be disbursed within...

Transworld Shipping Lines Sells Vessel in Agreement to Avana Logistek for US$ 4.1 Million Transworld Shipping Lines Limited, formerly known as Shreyas Shipping & Logistics Ltd, has executed a Memorandum of Agreement (MOA) regarding the sale of one vessel, M.V. SSL Sabarimalai. The transaction was finalized on August 4, 2026, with Avana Logistek Limited serving as the buyer.The agreement details the sale of the specialized vessel to Avana Logistek Limited for a consideration of US$ 4,100,000.The key aspects of this commercial transaction are summarized below:ParticularsDetailsSellerTransworld Shipping Lines Limited (formerly Shreyas Shipping & Logistics Ltd)BuyerAvana Logistek LimitedAsset SoldM.V. SSL Sabarimalai...

Uniparts India Limited Announces Interim Dividend and Releases Q1 Financial Results Uniparts India Limited has announced a first interim dividend for fiscal year 2026-27, following the declaration of standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company confirmed that the Board of Directors approved these results, along with an Independent Auditor's Limited Review Report.During its meeting held on August 4, 2026, the Board ratified the first interim dividend of Rs. 9.00 per equity share for FY 2026-27. This declaration represents 90% on the Equity Share Capital of the company (with a face value of Rs. 10 each). The Record Date for determining shareholders entitled to receive this...

Supreme Court Re-lists Appeal Pertaining to Jagran Prakashan Limited and Ors. The appeal involving Jagran Media Network Investment Private Limited against Jagran Prakashan Limited and others was heard before the Hon'ble Supreme Court on August 3, 2026. The matter has been re-listed for a subsequent hearing on August 10, 2026.During the proceedings, the Court reviewed the status of the case. It was noted that certain respondent numbers, specifically Nos. 10 and 19, remained unserved, with the notice still reported as being in transit.The matter was scheduled for re-listing on August 10, 2026, following the completion of other miscellaneous matters before the court.The concerned parties have been advised that a further update will...

SecUR Credentials Limited Replaces Limited Review Report for Q3 FY2024, Confirms No Change in Unaudited Financial Results SecUR Credentials Limited has issued a revised version of its Limited Review Report accompanying the Unaudited Financial Results for the quarter ended December 31, 2024. The company confirmed that the revision is restricted solely to the replacement of the Limited Review Report, stating that there are no changes to the Unaudited Financial Results previously submitted to the Stock Exchanges.The updated submission addresses an inadvertent error observed in the originally filed Limited Review Report.Standalone Financial Performance for Q3 FY2024 SecUR Credentials Ltd. reported its standalone financial results for...

KDDL Limited Announces Quarterly Financial Results, Reports Strong Revenue Growth and Corporate Actions KDDL Limited has announced its Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The Board of Directors reviewed and approved these results, which show robust revenue performance across the group.The company's standalone financials demonstrate a healthy profit margin, while consolidated results reflect extensive operations across various segments within its subsidiary network.Standalone Financial Performance (Q1 FY26) KDDL Limited reported key figures for the quarter ended June 30, 2026, alongside results from previous periods. Total income stood at 15,438 lakhs, up from 11,484 lakhs...

Metro Brands Limited Reports Q1 Results and Announces Director Changes Metro Brands Limited held a Board meeting on August 04, 2026, during which it approved unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced significant updates regarding its directorship and planned corporate actions to be presented at its forthcoming Annual General Meeting (AGM).Financial Performance Highlights (Quarter Ended June 30, 2026) The Board reviewed the unaudited financial results of the Company for the quarter ended June 30, 2026. These results were reviewed by the Statutory Auditors.Key performance indicators from the Unaudiated Standalone Financial Results are detailed below...

Krystal Integrated Services Reports Strong Q1 FY27 Results, Driving Revenue and EBITDA Growth Krystal Integrated Services Limited (KISL), a diverse service provider specializing in integrated facility management solutions across India, has announced its unaudited financial results for the first quarter of fiscal year 2027, which ended on June 30, 2026. The company reported continued momentum, recording solid growth in revenue and EBITDA.The operational performance highlighted by KISL includes a strategic expansion into infrastructure services and significant increases in corporate engagements. The company successfully acquired 100% equity in Citelum India Private Limited, strengthening its integrated infrastructure services portfolio...

Power Grid Corporation Commissions 20 GW Transmission System for Rajasthan REZ Power Grid Corporation of India Limited has successfully commissioned its 'Transmission System for evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-H'. The project was fully commissioned effective July 4, 2026.The commissioning milestone followed the receipt of the Notification for Commercial Operation (DOCO), which was dated July 9, 2026 and received on August 3, 2026.The project had been entrusted to POWERGRID Beawar Dausa Transmission Limited. This entity was noted as a wholly owned subsidiary of Power Grid Corporation of India Ltd at the time of commissioning.In addition to the successful project completion, the company also...

BSE Limited Reports Financial Results, Announces Strategic Stake Increase in Bullion Holding Company BSE Limited, the exchange body, announced its unaudited financial results for the quarter ending June 30, 2026. The company also detailed a significant increase in its direct shareholding in India International Bullion Holding IFSC Limited (IIBH) and approved the appointment of new Statutory Auditors.The Board of Directors meeting held on August 4, 2026, covered the financial performance across both consolidated and standalone entities, alongside key corporate governance updates, including the selection of external auditors.Q1 FY2026 Financial Highlights BSE Limited released its unaudited financial results for the quarter ending June...

Metropolis Healthcare Reports Strong Q1FY27 Performance with Revenue Reaching ₹450 Crore Metropolis Healthcare Limited, India's second-largest pathology laboratory chain, announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported a significant increase in revenue and improved operating profitability during the first quarter of the financial year 2027.The healthcare diagnostics firm saw revenue from operations climb to ₹450.2 crore, marking a strong performance. Concurrently, EBITDA for the quarter stood at ₹113.2 crore, reflecting robust growth across key segments and operational efficiencies.Q1FY27 Operational Highlights Metropolis reported sustained demand reflected in patient...

Rashi Peripherals Announces Quarterly Results; Approves Strategic Restructuring and ₹2/- Dividend Rashi Peripherals Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved key strategic decisions, including the restructuring of embedded business, a joint venture with Restar Corporation, Japan, and recommended a dividend payout.The Company also reported successful capital increases following employee stock option allotments and provided updates on its IPO proceeds utilization.Financial Performance Review The Company's financial performance for the quarter ending June 30, 2026, was detailed across both standalone and consolidated segments. The...

Welspun Enterprises Reports Q1FY27 Results: Revenue stands at ₹773 Cr; EBITDA margin maintained at 22.9% Welspun Enterprises Ltd., part of Welspun World, announced its unaudited financial results for the quarter ended June 30, 2026 (Q1FY27). The company reported a soft quarter amidst a challenging operating environment but highlighted the resilience of its model and execution discipline.The company noted that consolidated cash and cash equivalents stood at ₹1,792 crore as of June 30, 2026.Financial Performance Highlights (Consolidated) For the quarter ended June 30, 2026, Welspun Enterprises recorded Total Income of ₹808 million crores (cr), down 7% compared to Q1FY26. Revenue from operations for the quarter stood at ₹773.72 cr...

Axis Bank completes pricing for USD denominated Senior Notes under Global Medium Term Note Programme Axis Bank Limited has completed the pricing of its issuance of USD denominated Senior Notes, which are part of the bank's existing Global Medium Term Notes (GMTN) programme. These new notes will be consolidated and form a single series with U.S.$300,000,000 5.348 per cent. Senior Notes issued under the larger U.S.$5,000,000,000 Global Medium Term Note Programme.The issuance involves Senior Notes that fall under the GMTN programme and are set to be listed on international exchanges.Key details of the pricing for the new notes have been reported as follows:ParticularsDetailsType of instrumentSenior Notes under the Global Medium...

Complaint Storm Grips Insurers: How Claim-Related Issues Account for Over 41% of Insurance Industry Grievances Indian insurers face a massive volume of consumer grievances, with claim-related disputes dominating the landscape across life, health, and general segments. Government data presented by the Minister of State for Finance, Pankaj Chaudhary, reveals that the focus remains firmly on policy execution and service delivery. The surge in complaints underscores persistent operational challenges within the industry.Life Insurers Lead Complaint Volume in FY2025-26 Life insurance companies accounted for the highest share of grievances received by insurers during the financial year 2025-26, followed closely by general insurers. A total...