Markets

Nath Bio-Genes Approves Quarterly Results; Fixes Annual General Meeting for September 2026 Nath Bio-Genes (India) Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026. At a Board meeting held on Wednesday, July 29, 2026, the company also fixed the date for its 33rd Annual General Meeting (AGM).The management confirmed that the Board of Directors reviewed and approved the results, along with relevant financial documentation, including limited review reports from Statutory Auditors. The AGM is scheduled to be held on Thursday, September 24, 2026, at 11:00 a.m., conducted via video conference or other audio visual means.Financial Performance Review (Quarter Ended June 30, 2026) The...

TeamLease Sells Entire Stake in Joint Venture Company for Rs 10.12 Crores Teamlease Services Limited has decided to divest its entire equity stake in a joint venture company, selling the 30% holding to Crystal HR and Securities Solutions Private Limited. The transaction was finalized under the terms of a Share Purchase Agreement (SPA) dated January 06, 2025, aiming for portfolio rationalization and capital allocation priorities.The divestment involves TeamLease exiting its partnership with Crystal HR and Securities Solutions Private Limited in the joint venture company. Following the completion of the transaction, the JV company will cease to be a joint venture of Teamlease Services Limited.The sale proceeds amounted to 10.12...

TeamLease Reports Q1FY27 Results: Revenue Up 6% YoY as PBT Jumps 38%, Buyback Completes ₹238 Crore Transaction Bengaluru, India, July 29, 2026: TeamLease Services Limited (NSE: TEAMLEASE, BSE: 539658), a prominent people supply chain company in India, has announced its consolidated unaudited financial results for the first quarter (Q1FY27) of the fiscal year ending March 31, 2027.The company reported that total revenue grew by 4% sequentially and 6% year-over-year (YoY). Profitability improved significantly, with Profit before Tax (PBT) growing 38% YoY, while the company also completed a substantial buyback of equity shares totaling ₹238 crore.Consolidated Financial Performance Snapshot The following table summarizes TeamLease...

Delhi High Court dismisses GCD Prime's stay petition regarding DCM-GCD Joint Development Agreement The Delhi High Court dismissed a Section 9 petition filed by GCD Prime against DCM Limited, ruling that the petitioner failed to establish grounds for interim relief concerning the dispute over their Joint Development Agreement (JDA). The order was pronounced on July 28, 2026.The matter pertains to the JDA executed between the two companies in August 11, 2022, regarding DCM Limited's land parcel admeasuring approximately 68.35 acres situated in Hisar, Haryana. The dispute arose after DCM issued a Notice of Forfeiture and Termination to GCD Prime on November 1, 2025.The petition filed by GCD Prime sought interim relief from the court...

Madhya Bharat Agro Products Limited Approves Preferential Allotment of Shares for Capital Raise Madhya Bharat Agro Products Limited has announced that its Board of Directors approved a significant fundraising initiative through the preferential allotment of equity shares. The decision was taken during the board meeting held on Wednesday, July 29, 2026, which commenced at 3:30 p.m. and concluded at 4:15 p.m.The company intends to raise up to Rs. 317,47,75,000 by issuing up to 2,18,95,000 equity shares. These shares carry a face value of Rs. 2/- each and are being offered at an issue price of Rs. 145/- per share, which includes a premium of Rs. 143/ per share.The company also approved several operational and governance matters during...

Aequs Limited Approves Unaudited Q1 Results, Appoints Compliance Officer, and Dissolves IPO Committee Aequs Limited has approved its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated entities. The Board of Directors also appointed Mr. Rajeev Kaul as the new Compliance Officer and Chief Investor Relations Officer, while simultaneously dissolving the company’s IPO Committee following the successful completion of its Initial Public Offer.The results were reviewed by M/s B S R & Co. LLP, who issued an unmodified limited review report on the unaudited standalone financial statements.Financial Performance Highlights (Q ended June 30, 2026) Aequs Limited demonstrated operational...

Ratnaveer Precision Engineering Reports Q1 Results: Revenue Reaches 3,146.35 Units; Key Metrics Detailed Ratnaveer Precision Engineering Limited (formerly known as Ratnaveer Metals Limited) has released its unaudited financial results for the first quarter ended June 30, 2026. The company provided both standalone and consolidated results, detailing performance across various segments.The Board of Directors held a meeting on July 24, 2026, to consider and approve these financial outcomes.Financial Highlights (Standalone) For the quarter ended June 30, 2026, Ratnaveer Precision Engineering reported specific figures in its unaudited standalone results. Revenue from operations stood at 3146.35, while other income was recorded at 37.91...

Paradeep Phosphates Surges 12.5% as Q1 Net Profit Jumps 24%; Announces Major Rs 250 Crore Expansion Paradeep Phosphates witnessed a significant rally on July 29, with its shares closing 12.5% higher at Rs 156.6 apiece. This strong performance followed the company's announcement of robust Q1 results and plans for major capital investment.The stock was among the top performers in the Nifty 500 index, marking it as the second highest gainer on that day. A total of nearly 156 million shares changed hands on the exchange on July 29, reflecting strong investor confidence.Profit Surge Drives Stock Rally Paradeep Phosphates reported a near 24% jump in its consolidated net profit for the quarter ended in June. The company's Q1 net profit...

Patanjali Foods Receives Tax Order Imposing Penalty of ₹80 Lakh for ITC Reversal in Rajasthan Patanjali Foods Limited has received an order from the Office of the Deputy Commissioner, State Tax Department, Circle-H, Jaipur-1, Rajasthan. The order concerns the reversal of Input Tax Credit (ITC) and carries a penalty aggregating to ₹80,37,898/-.The communication was received by the company on July 28, 2026. The Order in Original (No. DRC-07/2026-27/Circle-H/01 dated 28.07.2026) was issued under GST laws and relates to alleged irregularities regarding ITC utilization.The central issue identified by the tax authority is the wrongful availing of excess ITC and the non-reversal of this ineligible ITC. As a result, Patanjali Foods Limited...

Gujarat Alkalies and Chemicals Limited announces key dates for 53rd Annual General Meeting and dividend payment Gujarat Alkalies and Chemicals Limited has announced critical timelines concerning its upcoming 53rd Annual General Meeting (AGM) and the subsequent dividend payments for the financial year ended March 31, 2026.The Company confirmed that the 53rd AGM of its shareholders will be held on Friday, September 25, 2026. This meeting will be conducted through Video Conference (VC) or other Audio Visual Means (OAVM).To determine eligibility for dividend entitlement, the Record Date has been set as Friday, September 18, 2026.The management specified that should the dividend be approved by the shareholders at the AGM, it will be...

TeamLease Services Reports Q1FY27 Results; Completes Buyback and Divests Stake in Joint Venture Company TeamLease Services Limited announced its consolidated financial results for the first quarter (Q1FY27) of the financial year ending March 31, 2027. The company also confirmed the completion of a significant buyback transaction and the divestment of its entire stake in the joint venture company, Crystal HR and Securities Solutions Private Limited.The Q1FY27 results show steady revenue growth and improvements in profitability, supported by strategic portfolio rationalization and operational efficiency across business segments.Consolidated Financial Performance Summary TeamLease reported a total income of 3,056.20 Crores for the...

SBI Cards Launches Google Pay Flex SBI Card in Rewards Category SBI Cards and Payment Services Limited has announced the official launch of its new offering, the Google Pay Flex SBI Card, targeting the domestic market. The product, which falls under the rewards category, was launched on July 29, 2026.The introduction of the Google Pay Flex SBI Card aims to cater to consumer needs within India, focusing on providing specialized rewards benefits.Key details regarding the newly launched product are as follows:Product NameLaunch DateCategoryTarget MarketGoogle Pay Flex SBI CardJuly 29, 2026RewardsDomesticThe company confirmed the launch details, noting that the product is available for the domestic market and requires no...

Vedanta Oil and Gas Reports Strong First Quarter Results; Revenue Grows 9% as Gross Production Stands at 77.7 kboepd Mumbai: Vedanta Oil and Gas Limited, a leading private oil and gas exploration and production company in India, announced its financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company reported a robust performance across its operations, with revenue growing 9% year-over-year (YoY) to ₹ 2,507 crore.The company recorded an EBITDA of ₹ 1,232 crore, marking a 16% quarter-on-quarter (Q-o-Q) increase, while Profit After Tax (PAT), including discontinued operations, stood at ₹ 945 crore. These results underscore the company's disciplined execution and solid financial foundation as it advances its...

Service Sector LEAP: Accommodation, Food industries Surge by 27.4% as Retail Trade Booms in May 2026 The Ministry of Statistics & Programme Implementation (MoSPI) has released the Trial Index of Services Production (ISP) for May 2026, providing a granular look at performance across 19 distinct sub-sectors. The data indicates robust momentum within consumer-facing segments, with hospitality and real estate posting significant double-digit growth. While overall service sector health appears strong in key areas, the report also highlights slowdowns in specific technological and transport services.Key Growth Catalysts: Hospitality and Retail Drive Market Rally The most striking performance marker comes from Accommodation and Food...

Bajaj Housing Finance Posts Strong Q1 FY27 Results; Net Profit Rises 23% on Sustained AUM Growth Bajaj Housing Finance Limited (BHFL) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant increase in net profit after tax (PAT), driven by steady growth in assets under management and strong performance across various income streams.The Board of Directors approved the Q1 FY27 financials, which reflect continued operational momentum compared to the previous year.Key Financial Performance Highlights The financial results show an upward trend in profitability and asset expansion. Total Income from operations reached ₹3,063.02 crore for the quarter ended June 30, 2026, up from...

India Accelerates Global Digital Transformation, Secures MoUs with 24 Countries for DPI Cooperation The Government of India has dramatically expanded its global footprint in digital governance by signing Memoranda of Understanding (MoUs) with 24 nations. This move solidifies India’s commitment to sharing its proven model of Digital Public Infrastructure (DPI), transforming domestic success into a vital global development tool. The initiatives stem from the recognition given during India's G20 Presidency that DPI acts as a critical accelerator for economic growth worldwide.Global MoUs Drive Digital Ecosystem Building The signed MoUs establish comprehensive frameworks across various international partners. These agreements focus on...

B L Kashyap Secures ₹91.57 Crore Work Order for Civil and Structural Works in Bengaluru B L Kashyap and Sons Limited has secured a significant work order worth ₹ 91.57 Crores from Embassy Development Ltd. The contract involves the execution of civil and structural works for Verde Phase II at Bengaluru, marking a substantial business achievement for the construction firm.The project falls under the category of Civil & Structural Works for Residential Building and is managed by B L Kashyap to complete within an estimated period of 17 months. Embassy Development Ltd., a domestic entity, has awarded the contract in which B L Kashyap will execute the specified works.Key details regarding the newly secured order are summarized below...

Dhanlaxmi Bank Reappoints Rajan Sleeba as Head of Human Resources for Two YearsDhanlaxmi Bank Limited has approved the re-appointment of Shri. Rajan Sleeba as the Head of Human Resources. The decision was finalized by the Bank's Board of Directors during a meeting held on July 29, 2026.Shri. Rajan Sleeba will serve in this capacity for a period of two years, effective from August 11, 2026.The appointment follows an evaluation of his extensive experience within the banking sector. Shri. Rajan Sleeba possesses over 40 years of experience in the banking industry, during which he dedicated 21 years to Dhanlaxmi Bank Ltd.Prior to his current role as Head Human Resources, he held positions as a Regional Head across various regions of...

Dhanlaxmi Bank Appoints Rajan T.K as Additional Non-Executive Independent Director Dhanlaxmi Bank Limited has appointed Mr. Rajan T.K as an Additional Director (Non-Executive Independent) to its Board of Directors. The appointment, effective from July 29, 2026, grants the director a tenure of five years.Mr. Rajan T.K was appointed by the Bank's Board of Directors on July 29, 2026, following the decision made at the board meeting.The appointment brings deep experience in finance and risk management to the Bank's leadership. Mr. Rajan T.K boasts over 34 years of service with the Reserve Bank of India (RBI). His career highlights include serving as Chief General Manager, in-charge of Supervision of the banking sector, and holding the...

SBI Card and Google Pay Launch Co-Branded Flex Card for Enhanced Digital Payments SBI Card and Google, have jointly launched the 'Google Pay Flex SBI Card', a co-branded offering designed to simplify and elevate everyday payment experiences in India. This partnership combines SBI Card’s established credit card expertise with Google Pay's digital ecosystem, aiming to deliver a seamless blend of security, flexibility, and rewards for consumers.The Google Pay Flex SBI Card allows customers to convert daily spending into rewarding opportunities by enabling the earning of Stars on all value purchases. The card supports comprehensive shopping across online and in-store outlets, including groceries, utility payments, travel bookings, bill...