Markets

Nishi Vasudeva Retires as Independent Director of HCL Technologies Limited HCL Technologies Limited has announced that Ms. Nishi Vasudeva, an independent director on its Board, is retiring from the company effective July 31, 2026. This retirement marks the conclusion of her second term serving in the role.Following her departure from the Board of Directors, Ms. Vasudeva will cease to be the Chairperson of the Stakeholders' Relationship Committee. She will also relinquish her roles as a Member of the Audit Committee, the Risk Management Committee, and the Nomination & Remuneration Committee.The company acknowledged her tenure, placing on record its sincere appreciation for the valuable guidance, contribution, and counsel provided by...

Blue Dart Express Posts Strong Profit Growth in Q1 FY27; Announces Dividend and AGM Details Blue Dart Express Limited, a premier logistics provider, reported significant financial results for the quarter ending June 30, 2026. The company announced that Revenue from Operations stood at approximately 1,658 crore, compared to approximately 1,442 crore in the first quarter of FY26. The results reflect disciplined execution and operational resilience despite a challenging external environment and higher operating costs, with Profit After Tax (PAT) for the quarter rising by roughly 87% year-on-year, reaching approximately 87 crore.The company leveraged its integrated air and ground network, extensive domestic reach, and technology-enabled...

Ideaforge Technology Receives In-Principle Loan Approval from TDB for Project Development Ideaforge Technology Limited has received an in-principle approval to consider financial assistance from the Technology Development Board (TDB), a statutory body under the Department of Science and Technology, Government of India. This support is intended for the company's project titled "YETI - Heavy lift long range autonomous aerial logistics vehicle."The management of Ideaforge Technology Limited has reviewed the terms outlined in the Letter of Intent (LOI) dated July 27, 2026, and accepted the proposal from TDB. The LOI grants preliminary approval for financial assistance through a loan under the Research Development and Innovation Scheme...

RBI Announces Massive ₹20,000 Crore Buyback Auction for Government Securities The Reserve Bank of India (RBI) has announced the auction of Government of India Dated Securities (G-Secs), aiming to buy back securities worth an aggregate amount of up to ₹ 20,000 crore. This significant move by the RBI targets specific G-Sec tranches across various maturities, providing a structured opportunity in the debt market.Overview of the Government Security Buyback The upcoming auction involves four specific series of government dated securities (G-Secs). These bonds carry varying maturity dates and interest rates, indicating a diversified approach by the central bank to manage its portfolio.The securities slated for purchase include 7.33% GS...

Aavas Financiers Announces Change in Board Leadership; Mr. Vellur Gopalaraghavan Kannan Appointed as New Chairperson Aavas Financiers Limited has announced changes regarding its board composition and leadership structure following a resolution passed by its Board of Directors on July 31, 2026. The company accepted the resignation of Mr. Sandeep Tandon from his posts while appointing Mr. Vellur Gopalaraghavan Kannan to key positions within the management and governance structure.Mr. Sandeep Tandon resigned as Chairperson and Non-Executive Independent Director of Aavas Financiers Limited, effective from the close of business hours on July 31, 2026. The resignation was attributed to personal and professional commitments. The Board...

Blue Dart Express Announces Book Closure for Annual General Meeting and Dividend DeterminationBlue Dart Express Limited has announced the dates for the closure of its registers of members and share transfer books, setting the stage for determining eligible members regarding dividend distribution and e-voting rights.The company confirmed that its records will be closed from Wednesday, September 16, 2026, to Tuesday, September 22, 2026 (both days inclusive). This book closure period is essential for identifying all shareholders entitled to participate in the forthcoming Annual General Meeting and benefit from the dividend payment.The Annual General Meeting has been scheduled for Tuesday, September 22, 2026, at 12:00 noon. If a...

BMW Ventures Limited Announces AGM Details and Provides Access to Annual Report for FY 2025-26 BMW Ventures Limited has made available the Notice of its 324th Annual General Meeting (AGM) along with the Integrated Annual Report for the Financial Year ended March 31, 2026. The company provided electronic access to these key documents for all shareholders.The AGM is scheduled to be held through Video Conferencing (VC) or other Audio-Visual Means (OAVM) on Monday, August 24, 2026, at 2.15 p.m.Shareholders can find the Annual Report and AGM Notice accessible on the company's website and the websites of listed stock exchanges, including BSE Limited and National Stock Exchange of India (NSE).Key dates related to the upcoming general...

Yasho Industries Reports Q1 FY27 Results Driven by Strong Export Contribution and Operational Efficiencies Yasho Industries Limited, a specialized manufacturer and supplier of fine and specialty chemicals, has announced its unaudited financial results for the quarter ending June 30, 2026. The company demonstrated robust performance in Q1 FY27, underpinned by operational improvements and a strong focus on international markets.The financial data highlights consistent growth across key metrics, though Q1 FY27 saw fluctuations compared to previous quarters and years.Consolidated Financial Performance Snapshot The unaudited results showcase the core financial health of the company across multiple dimensions, including total income...

TCC Concept Limited Approves Financial Results and Unveils Merger Plan with Subsidiary Altrr Software Services TCC Concept Limited has released its unaudited financial results for the quarter ended June 30, 2026. In a significant corporate development, the company also approved a scheme of amalgamation by way of merger by absorption involving itself and its wholly owned subsidiary, Altrr Software Services Limited.The Board of Directors of TCC Concept Limited considered and approved these matters during a meeting held on July 31, 2026.Q1 FY27 Financial Performance Summary TCC reported the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were subjected to limited review by...

CMPDI Announces Changes in Senior Management Personnel Central Mine Planning & Design Institute Limited (CMPDI), a subsidiary of Coal India Limited, has reported changes within its senior management structure, involving appointments and internal transfers as the organization transitions leadership roles.The company confirmed the superannuation of Sanjay Kumar Bhar on July 31, 2026. This change necessitated subsequent shifts in operational leadership across several key divisions of CMPDI.The organizational adjustments include both a new appointment and an internal transfer, impacting regional directorates RI-V and RI-VII. The personnel changes detail the roles, effective dates, and profiles of the affected senior management members...

ABB India Limited Declares Special Dividend of Rs.90 Per Share for Financial Year 2026 ABB India Limited has announced a special dividend amounting to Rs.90 per share, representing a 4500% yield, following a meeting of its Board of Directors.The special dividend was declared for the financial year 2026 and is applicable on the company's 21,19,08,375 equity shares, which have a face value of Rs.2 per share and are fully paid up.The company specified that the dividend will be paid to its equity shareholders on or before August 29, 2026. The record date for the payment is set as Friday, August 07, 2026.ABB Stock Price Movement Shares of ABB India Limited today slipped by 0.65% to close at ₹7284.50, shedding ₹47.50 during the trading...

Acme Solar Holdings Ltd Announces Unaudited Financial Results for Q1 FY2026 Acme Solar Holdings Limited (formerly ACME Solar Holdings Private Limited) released its Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. These results were published in newspapers including Financial Express (English) and Jansatta (Hindi).The company provided detailed financial information covering the recent quarter alongside previous periods. A summary of the consolidated and standalone performance metrics are as follows:Acme Solar Holdings Ltd - Consolidated and Standalone Unaudited ResultsParticularsQuarter Ended 30 June 2026Quarter Ended 31 March 2026 (Unaudited)Quarter Ended 30 June 2025 (Unaudited)Year...

Punjab Government Extends Tax Settlement Window as businesses seek crucial relief from Pre-GST Dues Deadline Extension for One-Time Tax Settlement Scheme The Punjab government has significantly extended the deadline for its one-time tax settlement (OTS) scheme, providing a final opportunity to taxpayers who have accumulated pending dues relating to the period before the implementation of GST. The scheme, which was previously set to close on July 31, has been granted an extension until September 30, offering substantial relief and resolving long-standing tax disputes.Finance, Excise and Taxation Minister Harpal Singh Cheema announced the extension, stating that it is a direct response to strong demand from the business community. The...

Global Reserve Resilience Test: FX Reserves Remain Stable as Banks Drive Sustained Credit Growth, Says RBI Foreign Exchange Reserves and Asset Management Overview The Reserve Bank of India (RBI) has released its Bulletin Weekly Statistical Supplement detailing the status of foreign exchange reserves and key financial indicators. Total foreign exchange reserves stand at a robust level, with Foreign Currency Assets alone recorded at ₹5367324 lakh crore. This data underscores the ongoing commitment to maintaining a stable reserve position amidst global market movements.While total reserves are substantial, the components show nuanced trends across various reporting periods. The status of gold reserves, for instance, shows volatility over...

Skipper Limited Allots Nearly 92 Lakh Equity Shares on Preferential Basis; Raises Over Rs 433 Crore Skipper Limited has approved the allotment of 92,23,402 equity shares on a preferential basis. The issue was conducted at an issue price of Rs 470/- per share, generating capital of Rs 4,33,49,98,940/- for the company.The preferential allocation followed the approval of the company's Board of Directors and has been carried out with the objective of strengthening the company's capital base. The issue price includes a share premium of Rs 469/- per equity share against its face value of Rs 1/- each.Financial Impact of Allotment The issuance significantly impacts the company’s capital structure. Prior to the allotment, Skipper Limited had...

Punjab National Bank Maintains MCLR and Key Lending Rates Ahead of August 2026 Punjab National Bank has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) remain unchanged as of August 1, 2026. The bank also confirmed the stability of other critical lending rates, including the Repo linked Lending Rate (RLLR) and the Base Rate.The MCLR rates across various tenors show consistency for the upcoming period. The details are provided below:MCLR TenorExisting w.e.f. 01.07.2026With effect from 01.08.2026Overnight8.00%8.00%One Month8.25%8.25%Three Month8.45%8.45%Six Month8.65%8.65%One year8.80%8.80%r9.10%9.10%In addition to the MCLR, Punjab National Bank has confirmed that the Repo linked Lending...

MAS Financial Services Limited Receives UIDAI Approval for Sub-Authentication and eKYC Agency StatusMAS Financial Services Limited has secured approval from the Unique Identification Authority of India (UIDAI) for its appointment as a Sub-Authentication User Agency (Sub-AUA) and a Sub-eKYC User Agency (Sub-KUA). This designation is granted under Protean eGov Technologies Limited.The approval allows MAS Financial Services Limited to perform critical functions related to identity verification using Aadhaar facilities. The company will operate as the Sub-Authentication User Agency for availing the Aadhaar Yes/No Authentication facility and concurrently serve as a Sub-eKYC User Agency for utilizing the Aadhaar e-KYC Authentication...

Ms. Varsha Hardasani Appointed Company Secretary for LICHFL Care Homes Limited The Board of Directors has appointed Ms. Varsha Hardasani as the Company Secretary of LICHFL Care Homes Limited. This appointment, which is designated to be held as an additional charge, comes with effect from August 1, 2026.The decision regarding the appointment was made by the Board of LIC Housing Finance Limited and pertains specifically to the operational role within LICHFL Care Homes Limited. The company has sought to bring this managerial update to the notice of all concerned parties.LICHSGFIN Stock Price Movement LIC Housing Finance Limited shares today slipped by 3.31% to settle at ₹523.10, driven by post-market selling pressure. The stock...

Aadhar Housing Finance Reports Q1 Results, Highlights Strong Profitability and Maintains Adequate Asset Cover Aadhar Housing Finance Limited announced its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results reflect significant operational performance across the group, with the company maintaining key financial ratios and providing updates on corporate developments.The Board of Directors approved the results at a meeting held on July 31, 2026. The company also provided comprehensive disclosures regarding its utilization of issue proceeds from listed non-convertible securities and maintained that the security cover for these debentures was adequate as of June 30, 2026.Q1 Financial...

Nasdaq Surges as Amazon Rockets on Cloud Growth, Driving Tech Sector Rally and Broad Market Gains The technology-heavy markets saw a strong start on Friday, with the Nasdaq Composite posting significant gains. The index rallied as tech giants demonstrated robust operational strength, largely driven by Amazon's sharp increase in stock value. This performance helped soothe concerns previously raised regarding AI returns within major Big Tech companies.Nasdaq Leads Major Indices Higher The Nasdaq opened strongly, rising 0.87% or 218.5 points to reach 25,340.711 at the opening bell. The broader market indices also reflected positive sentiment as investors reacted to continued corporate strength in cloud computing. The S&P 500 closed out...