Markets

MPS Ltd Subsidiaries Undertake Two-Step Merger as Part of Internal Restructuring MPS Limited's subsidiaries are undertaking a two-step merger transaction aimed at optimizing operations and strengthening business presence. The restructuring involves American Journal Experts, LLC, North Carolina (AJE-NC), American Journal Experts, LLC, Delaware (AJE-DE), and MPS North America LLC (MPS NA).The strategic integration process has seen the completion of the First Merger, while the Second Merger is set to become effective in due course. The ultimate goal of this consolidation is to streamline operations, enhance management oversight, and drive revenue growth and profitability through the optimization of administrative, operational, and...

Indian Terrain Fashions Limited Announces Q Ended June 2026 Unaudited Results and AGM Details Indian Terrain Fashions Limited, in a Board meeting held on August 1, 2026, announced the unaudited standalone financial results for the quarter ending June 30, 2026. The company also provided key dates and details regarding its upcoming 17th Annual General Meeting (AGM).The company's performance during the quarter showed a Total Income of 83.23 Cr., which included a Revenue from Operations of 81.74 Cr. and Other Income of 1.49 Cr. The total expenses for the period were 83.09 Cr. This resulted in a Net Profit after Tax of (0.83) Cr.The detailed financial data, prepared as per Ind AS 34, Interim Financial Reporting, is provided below...

CDSL takes 20% Equity Stake in India International Bullion Holding IFSC Limited through Right Issue Central Depository Services (India) Limited (CDSL) has successfully acquired a significant equity stake in India International Bullion Holding IFSC Limited (IIBHL). The investment relates to the first tranche of capital infusion into IIBHL via a right issue.The allotment was completed on July 31, 2026. CDSL acquired 10,00,00,000 equity shares through this transaction. With each share valued at ₹1 (Rupee One Only), the total value of the investment made by CDSL amounted to ₹ 10,00,00,000 (Rupees Ten Crores Only).This capital injection represents a 20% equity stake in India International Bullion Holding IFSC Limited. The transaction...

Moil Ltd Announces Changes in Senior Management Including GM and DGM Positions Moil Ltd, a Government of India Enterprise, has made changes in its senior management as of August 1, 2026. The updates affect key positions within materials and finance departments.The managerial changes include the superannuation of a General Manager (GM) and the designation of an individual in the Finance department. Furthermore, a position in the Finance division saw a structural change involving the appointment of an internal audit head.According to the information provided, details regarding these senior management transitions are as follows:NameDesignationReason for ChangeShri Sanjay ChaudhariGM (Materials)SuperannuationSmt. Gurupreet...

HCL Technologies Completes Acquisition of Guardian India Operations Private Limited HCL Technologies Limited has completed the acquisition of Guardian India Operations Private Limited, securing a 100% stake in the company. The transaction was officially finalized on July 31, 2026.HCLTECH Stock Price Movement Shares of HCL Technologies Limited slipped on Friday, settling at ₹1346.9 after shedding 0.52% in trading. The stock spent the session within a wide range, falling between a high of ₹1356.5 and a low of ₹1294.3.

ICDS Ltd to Hold Board Meeting to Discuss Q1 Financial Results ICDS Ltd has announced that its Board of Directors will convene a meeting to consider key business matters, including the Unaudited Financial Results for the Quarter ending June 30, 2026.The Board Meeting is scheduled for Tuesday, August 11, 2026.In addition to reviewing the quarterly financial performance, the meeting of the Board is set to consider other important matters concerning the company.Separately, ICDS Ltd has specified the trading window for designated persons in accordance with insider trading regulations. The trading window for dealing in the securities of the Company is closed from July 01, 2026, until August 13, 2026.ICDSLTD Stock Price Movement...

Bengaluru Realty Player Assetz Gears Up for Rs 1,200 Crore Confidential IPO Filing Assetz, a prominent Bengaluru-based real estate developer, is set to file its draft red herring prospectus (DRHP) for a significant initial public offering (IPO). The company is targeting a fund raise of ₹1,200 crore through this move. This confidential filing route allows the issuer to maintain privacy until the regulatory review advances substantially.Details of Assetz's Proposed IPO The upcoming issuance is expected to incorporate both a fresh equity component and an offer for sale (OFS). The OFS will involve existing shareholders participating in the public offering. This structure aims to maximize capital infusion while facilitating liquidity for...

Emerald Finance Ltd Reports Q1 FY'27 Results: Consolidated Income Rises 39.97% as Net Profit Increases 52.72% Emerald Finance Limited reported a decent financial quarter for the first quarter of Fiscal Year 2027 (Q1 FY'27), showing healthy growth across key parameters despite challenges in specific lending segments. The company announced that its consolidated total income increased by 39.97% year-on-year (YoY) to Rs. 9.44 crore, while net profit saw a strong jump of 52.72%, reaching Rs. 4.88 crores.The firm’s diluted EPS improved significantly, moving up to 1.44 from 0.92 on a year-on-year basis. Management highlighted that the results reflect the strength of its diversified business model and continuous focus on technology and...

Prithvi Exchange Announces Board Meeting for Q1 Results; Details on Insider Trading Status Prithvi Exchange (India) Limited has scheduled a meeting of its Board of Directors to review and approve the Un-audited Financial Results for the first quarter ended June 30, 2026. The board meeting is set for August 08, 2026, with the agenda including consideration and approval of both standalone and consolidated financial results.The company also provided an update regarding the trading window for its Designated Persons, which includes Insiders. As part of regulatory compliance measures related to insider trading in securities, the trading window was closed effective July 01, 2026. This status follows a prior intimation made on June 27, 2026...

Aluminium Surges Towards New Highs as Global Tensions and Chinese Constraints Tighten Supply Aluminium prices are showing renewed strength after correcting from a record peak of approximately ₹393 per kg on the MCX during the first week of June. The correction, which saw prices fall toward ₹330 per kg due to profit-booking and easing immediate supply worries, has now seen the metal attempt to breach crucial resistance zones. This rebound is underpinned by tightening global inventories and a mix of geopolitical instability and structural demand growth.The Rebound: Aluminium Bouncing Back After Correction The market sentiment for aluminium has shifted favorably, driven by concerns over availability rather than cheap supply. Globally...

Mahindra Reports Strong Sales Across Auto Divisions, Farm Equipment, and Trucks in July 2026 Mahindra & Mahindra Limited announced robust sales figures for its various businesses—Automotive, Farm Equipment, and Trucks & Buses—for the month of July 2026. The company reported significant growth across these segments, reflecting demand traction in both passenger and utility vehicles, as well as strong performance in tractor sales.Automotive Sales Surge: Total Vehicle Count Reaches 103,860M&M Ltd., a leading automotive manufacturer in India, recorded total auto sales of 103,860 vehicles for July 2026, marking a growth of 26%. The utility vehicle segment saw particularly strong performance, with 60,048 units sold domestically...

Cabinet Approves 'Samudra Manthan': ₹84,084 Cr Boost Set to Unleash India's Massive Offshore Energy Potential The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved "Samudra Manthan," a monumental Central Sector Scheme dedicated to strengthening India’s hydrocarbon exploration sector. Carrying an approved outlay of ₹84,084 crore, the scheme is designed for implementation through FY 2030-31 and represents the nation's most ambitious offshore exploration mission yet.This strategic move translates years of policy reforms into tangible action, paving a new path toward energy security and achieving Atmanirbhar Bharat. Recognizing its status as the world's third-largest oil consumer, securing uninterrupted access to...

Bharat Petroleum Corporation Limited Announces Changes in Senior Management Bharat Petroleum Corporation Limited (BPCL) has announced changes within its senior management team, effective August 1, 2026, following the superannuation of two key executives.The company confirmed that Shri U. S. N. Bhat, Executive Director (IS), and Shri Kani Amudhan N, Chief Procurement Officer (CPO Mktg.), have retired from their services with BPCL as of July 31, 2026.In line with the organizational changes, Bharat Petroleum Corporation Limited has appointed Shri Amit Kumar as the new Chief Procurement Officer (CPO Mktg.) effective August 1, 2026.Shri Amit Kumar brings a background in Retail and CPO (Mktg.). He holds a B.E. in Electrical Engineering...

Foreign Currency Inflows Surge: FCNR(B) Deposits Drive Massive $40 Billion Mobilization under RBI Swap Facility The Reserve Bank of India (RBI) has released crucial data detailing the mobilization of forex inflows through its specialized swap facility. As of July 31, 2026, the total inflow mobilized stands at a significant ₹40,816 million USD, primarily driven by Foreign Currency Non-Resident (B) deposits and External Commercial Borrowings.The reporting underscores the effectiveness of the central bank’s initiative in encouraging foreign currency inflows into the domestic financial system. This facility provides concessional swaps for various instruments designed to bolster forex reserves and provide liquidity support across the...

Dr. Reddy's Laboratories Receives FDA Approval for Rituximab Biosimilar, Expanding Global Portfolio Dr. Reddy's Laboratories Ltd. has announced that the U.S. Food and Drug Administration (FDA) has approved its rituximab biosimilar for the U.S. market, a development that significantly strengthens the company's global biosimilars portfolio and advances its business presence in the United States.The approval pertains to the rituximab biosimilar, which is a biosimilar to Rituxan®. The product was developed, manufactured, and submitted by Dr. Reddy's Laboratories. This milestone followed a successful Pre-License Inspection (PLI) conducted by the U.S. FDA at the company's biologics manufacturing facility located in Bachupally, Hyderabad...

Pradeep Metals Ltd Schedules Board Meeting to Review Q1 Financial Results Pradeep Metals Limited has scheduled a meeting of its Board of Directors to review key operational and financial results for the quarter ended June 30, 2026.The company's board meeting is set for Friday, August 7, 2026. A primary agenda item for the meeting will be the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the period ending June 30, 2026.In addition to the corporate governance matter, the company provided details regarding its insider trading regulations. The trading window closure period commenced on July 1, 2026. This restricted trading window will conclude 48 hours after the results are made public on...

Escorts Kubota Reports Strong Growth in Tractor and Construction Equipment Sales for July 2026 Escorts Kubota Limited announced robust sales volumes across its core divisions, reporting significant growth momentum in both its Agri Machinery Business and Construction Equipment Business during July 2026. The company's agricultural machinery division saw a notable rise in tractor sales, while the construction equipment segment experienced accelerated demand.Agri Machinery Sales Momentum Drives Tractor Growth The Agri Machinery Business of Escorts Kubota Limited registered total tractor sales of 8,731 units in July 2026. This marked a growth of 22.0% compared to the 7,154 tractors sold in July 2025. The performance was driven primarily by...

Tech Giants Brace Investor Fears: Amazon Surges Over 15%, Powering S&P 500 Climb Amid Market Caution Wall Street concluded a volatile session, with major tech stocks dominating market movements. The S&P 500 managed to climb 0.70% to finish the session at 7,489.72 points. This gain came as corporate giants addressed persistent concerns regarding the pace and cost of investment in Artificial Intelligence (AI) infrastructure.Amazon saw a spectacular surge, rising over 15% after reporting its largest quarterly revenue growth in more than four years. The results from Amazon helped ease mounting investor anxiety about potentially irresponsible spending on AI data centers globally.Tech Outperformers Lead Markets as Amazon Posts Record...

Rudrabhishek Enterprises Limited Announces Resignation of Company Secretary and Compliance Officer Rudrabhishek Enterprises Limited has announced the resignation of Mr. Anupam Jaiswal from the posts of Company Secretary and Compliance Officer. The company confirmed that his resignation has been accepted.Mr. Jaiswal tendered his resignation due to relocation and personal reasons.The management stated that Mr. Anupam Jaiswal will be relieved of his duties as Company Secretary and Compliance Officer with effect from the close of business hours on 31st July, 2026.Key details regarding the change in personnel are provided below:ParticularsDetailsIndividual ResigningMr. Anupam JaiswalPositionCompany Secretary and Compliance...

RPG Life Sciences Announces Senior Management Personnel Superannuation RPG Life Sciences Limited has announced the superannuation of a senior member of its management team, following his retirement upon attaining the age of superannuation.Mr. Samir Rane, who served as Vice President, Sales & Marketing Main Division at the company, ceased to be a Senior Management Personnel effective from the close of business hours on July 31, 2026.The change in personnel status relates to his retirement and was recorded as per the details provided by RPG Life Sciences Limited.Key details regarding the transition of Mr. Rane are summarized below:ParticularsDetailsPersonnel NameSamir RaneDesignationVice President, Sales & Marketing Main...