Markets

Tata Communications and TTBS Partner to Deliver Unified AI Infrastructure for India's SMB Economy Tata Communications and Tata Tele Business Services (TTBS) have announced a strategic collaboration aimed at accelerating artificial intelligence adoption among Small and Medium Businesses (SMBs) across India. The partnership is focused on developing a unified AI platform stack tailored specifically for this market segment, combining the complementary strengths of both organizations to expand the total addressable market (TAM).The companies are integrating their respective platforms to offer simplified, accessible, and easily deployable advanced AI solutions. This integrated approach addresses the complexity and cost barriers often...

Finbud Financial Services Reports Robust Growth in Q1 FY26-27 Driven by Digital and Agency Businesses Finbud Financial Services Limited has reported significant operational growth for the first quarter of fiscal year 2026-27. The company achieved a total revenue of Rs 83.2 crore, marking a substantial 39% year-on-year (YoY) increase. This performance is supported by strong showings across both its agency and digital business verticals.The Q1 results demonstrate the increasing reliance on Finbud’s digital segment. The company's total sales revenue stood at Rs 83.2 crore, up from Rs 59.7 crore in Q1 FY2025-26. Digital Business Sales contributed Rs 15.7 crore to this total, reflecting a robust 116% YoY growth, while the Agency Business...

Tembo Global Industries Forms Strategic Joint Venture with JR-UAV Europe and JR PROPO Japan to Advance Indigenous UAV Manufacturing Tembo Group has announced a landmark strategic joint venture with JR-UAV Europe S.r.l. (Italy) and JR PROPO (Japan). This collaboration aims to establish an advanced ecosystem in India for the technology transfer, localization, and manufacturing of next-generation Unmanned Aerial Vehicles (UAVs) and autonomous systems.The initiative unites Japanese innovation, European aerospace engineering, and Indian manufacturing excellence. The partnership seeks to build mission-ready UAV platforms suitable for defense, surveillance, logistics, and industrial applications. This move supports India's vision of...

Court Dismisses Petitions Against MBL Infrastructure’s Arbitration Award in Uttarakhand Roads Project MBL Infrastructure Limited has received a favorable update regarding an arbitration award concerning the 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar' project in Uttarakhand. The Commercial Court, Dehradun, Uttarakhand, has dismissed petitions filed by the Public Works Department, Government of Uttarakhand, which had been brought under Section 34 of the Arbitration and Conciliation Act, 1996.The dismissal of these petitions confirms the validity of the arbitration award dated December 14, 2024, which was issued in favor of MBL Infrastructure Limited for the road improvement project in Uttarakhand.As...

Sundaram Multi Pap Limited Launches Next-Generation AI-Powered Digital Learning PlatformMumbai, July 28, 2026: Sundaram Multi Pap Limited (SMPL), through its Digital Education division, has announced the launch of a next generation AI-powered Digital Learning Platform. This significant enhancement marks a step in the company’s mission to make quality education more accessible, engaging, and effective for students, teachers, and schools across India.The enhanced platform integrates Artificial Intelligence (AI) to provide a smarter, faster, and highly personalized digital learning experience. Designed to support educational institutions across Maharashtra, the technology strengthens SMPL's long-term vision of delivering...

Afcons Infrastructure Limited Announces Record Date for Maturity of Commercial Paper Afcons Infrastructure Limited has announced the record date pertaining to the maturity of its Commercial Papers (CPs). The company provided details regarding the financial instrument, including its issue size, issue date, and the final maturity timeline.The CPs were originally issued by Afcons Infrastructure Limited on August 5, 2025. These unlisted securities have an issue size amounting to Rs. 50 Crores.The critical dates associated with these Commercial Papers are as follows:ParticularsDetailsIssue SizeRs. 50 CroresISININE101I14EO7Date of IssueAugust 5, 2025Date of MaturityAugust 5, 2026Record DateAugust 4, 2026The...

Market Rally Surge: Sensex Recovers from Early Dips as IT Stocks and Oil Price Ease Drive Gains The benchmark Indian equity indices, led by a robust rally in technology shares and easing global crude oil prices, managed to erase early losses and trade higher on Tuesday. The recovery highlighted the resilience of specific sectors amid broader market volatility.Initially, the Sensex had slipped 130.56 points (0.16%) to close at 76,705.22. Similarly, the Nifty saw a minor decline of 34 points (0.14%), settling at 23,961.95. However, strong value buying emerged at lower levels, enabling both indices to turn decisively positive by midday.At approximately 11:15 am, the Sensex had recovered significant ground, trading higher by 72.90...

Tata Communications and Tata Tele Business Services Unite to Deliver Unified AI Infrastructure for India's SMB Economy Mumbai, July 28, 2026 – Tata Communications and Tata Tele Business Services (TTBS) today announced a strategic collaboration aimed at accelerating Artificial Intelligence (AI) adoption across India’s Small and Medium Businesses (SMB). The partnership is focused on deploying a unified AI platform stack designed to unlock a significant, underserved market opportunity within the SMB segment.By merging their complementary strengths, the two organizations are setting out to deliver a sovereign, integrated AI infrastructure. TTBS serves as an established technology partner for Indian SMBs, offering digital solutions...

FCNR Deposits Surge: NRIs Must Master Premature Withdrawal Rules at Major Banks FNon-Resident Indians (NRIs) are capitalizing on an attractive window offered by the Reserve Bank of India (RBI), which permits banks to offer highly competitive USD deposit rates. Several lenders currently provide interest exceeding 7 percent on these special US dollar deposits, with the RBI facility remaining open until September 30, 2026.While these high returns make FCNR(B) a coveted investment avenue for NRIs, it is crucial that investors thoroughly understand the nuanced rules governing premature withdrawal across different financial institutions. Banks vary significantly in terms of lock-in periods, interest payout calculations, and penalties if...

Vardhman Acrylics Reports Q1 Results for FY27; Revenue Stands at 78.25 Crores Vardhman Acrylics Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Net Profit after Tax of 16.22 Crores and achieved an Earnings Per Share (EPS) of 2.02 for the period.The results reflect the performance across key income and expense categories for the quarter compared to previous periods.Financial Highlights Summary The following table provides a detailed overview of the unaudited financial performance for Vardhman Acrylics Limited during the quarter ended June 30, 2026:ParticularQuarter Ended June 30, 2026 (Rs. in Crores)Quarter Ended March 31, 2026 (Rs. in Crores)Quarter Ended June 30...

Nikkei Plunges Over 4% Amid Global Tech Selloff as Chip Stocks Face Steep Losses Japan's stock market experienced a sharp decline on Tuesday, with the benchmark Nikkei share average tumbling more than 4%. The heavy losses were primarily concentrated in chip-related stocks, reflecting heightened caution among investors ahead of major earnings reports across global technology firms.The Nikkei index fell 4.34% to settle at 62,112.91 by 0223 GMT. Simultaneously, the broader Topix index declined 2.76%, closing at 3,953.88. This significant market weakness was driven chiefly by artificial intelligence-related stocks, which continued their slide following the downward trend seen in U.S. technology shares.Impact of Global Tech Selloff on...

Gold Prices Dip Across Metros as Jewellers Adjust Retail Rates Gold rates across leading jewellery brands showed movement today, Tuesday, July 28, 2026. Consumers looking to purchase gold must note that prices exhibit slight variations between different jewellers and are subject to local taxes and specific charges in various cities. This daily review provides a detailed look into the current retail prices for key purities across major markets including Delhi, Mumbai, Hyderabad, Chennai, Kolkata, and Bengaluru.Daily Trend and Price Fluctuation in Gold Jewellery Gold prices experienced notable fluctuations today at multiple premier jewellers. While some brands showed marginal increases compared to yesterday's rates, others registered...

Acquirers Launch Reverse Book Building Offer for Nitin Castings Ltd's Voluntary Delisting from BSE The promoters of Nitin Castings Limited (NCL) have initiated a voluntary delisting offer for the company's equity shares, inviting public shareholders to tender their stakes through a reverse book building process. The offer is set by Acquirer-1, Mr. Nirmal B Kedia; Acquirer-2, Mr. Nitin S Kedia; and M/s. Citrus Castings Private Limited (Acquirer-3), who collectively represent the Promoters’ Group of NCL.The delisting process aims to achieve complete ownership for the Acquirers while providing public shareholders an opportunity to exit at a predetermined price determined by regulatory standards, thereby eliminating ongoing listing...

Z-Tech Secures Contract from Lucknow Development Authority for Gomti Riverfront Theme Park Project Z-Tech (India) Limited has secured a contract from the Lucknow Development Authority (LDA) in Uttar Pradesh to undertake the design, construction, and operation of a themed park at the Gomti Riverfront in Lucknow. The project is set to be executed under a Fixed Fee Model, covering both Operations and Maintenance (O&M) for a period spanning 20 years.The total estimated capital cost for the project is Rs. 12.00 Crores, excluding GST. As per the approved Capital Expenditure structure, 50% of the project costs will be funded by Gomti Riverfront, Lucknow, while Z-Tech (India) Limited will fund the remaining 50%.Park Vision and Features The...

Lohia Corp IPO Set for Listing; Track Allocation Status After 7X Subscription Surge Lohia Corp, a rising player in the industrial machinery space, is expected to finalize the basis of allotment for its Rs 1,101.28-crore Initial Public Offering (IPO) today, July 28. The IPO concluded after a three-day public bidding process that saw healthy demand across all investor categories.The company's offering was subscribed at 7.25 times on the NSE, signaling strong institutional and retail interest. Qualified Institutional Buyers (QIBs) led the demand impressively, booking a subscription of 9.11 times. Non-Institutional Investors (NIIs) followed closely with a segment subscription rate of 6.82 times. Retail Individual Investors (RIIs)...

Paramount Cosmetics Announces Q1 Results Approval Board Meeting and Insider Trading Window Closure Paramount Cosmetics India Ltd has announced details regarding a meeting of its Board of Directors, scheduled to consider and approve the Unaudited Financial Results for the first quarter ended June 30, 2026.The Board meeting is set for Wednesday, August 12, 2026, at 3:30 P.M. (IST). The meeting will be held at the company's corporate office located in Bangalore and through Video Conferencing (VC).In addition to the board deliberation on the quarterly results, the company confirmed restrictions regarding the trading window for insiders.As per a previous communication, the trading window for equity shares of Paramount Cosmetics is...

Larsen & Toubro Announces Senior Management Change as IC Head Resigns Larsen & Toubro Ltd has announced that Mr. V. Sukumar Hebbar has resigned from his position as Senior Vice President and IC Head for Transportation Infrastructure IC. The change in senior management status comes effective from July 27, 2026, following the close of business hours.Mr. Hebbar's departure means he has ceased to be a Senior Management Personnel of the Company as of that date.The details regarding the resignation are provided below:DetailStatus/InformationNameMr. V. Sukumar HebbarDesignationSenior Vice President & IC Head - Transportation Infrastructure ICReason for ChangeResignationEffective DateJuly 27, 2026LT Stock Price Movement...

Insilco Ltd Reports Q2 Results, Announces New Directorship and Chairman Appointment Amid Voluntary Liquidation Process Insilco Ltd announced several key outcomes from its Board of Directors meeting held on July 28, 2026. The board approved the Un-Audited Financial Results and a Limited Review Report for the quarter/three months ended June 30, 2026. Furthermore, the company reported updates regarding its ongoing voluntary liquidation process and leadership appointments.Board Meeting Decisions and Appointments During the meeting held on July 28, 2026, the Board of Directors considered and approved the Un-Audited Financial Results for the quarter ended June 30, 2026, along with a Limited Review Report. These results are available on the...

Krebs Biochemicals Announces Board Meeting to Adopt Q1 Unaudited Financial ResultsKrebs Biochemicals & Industries Limited has scheduled its Board of Directors meeting to review and adopt the unaudited financial results for the first quarter ended June 30, 2026. The board meeting is set to take place on Thursday, August 6, 2026.The meeting is intended to cover among other matters the considerations and adoption of the company's Q1 results.In addition to the Board meeting announcement, the company reiterated the status regarding the trading window for its securities by insiders. As communicated previously, the insider trading window remains closed from the closure of business hours on June 30, 2026. The restriction will remain in...

Aarti Pharmalabs Ltd Board Meeting Scheduled to Approve Quarter Results and Auditor ReportsAarti Pharmalabs Limited has scheduled a meeting of its Board of Directors to review and approve the financial performance for the quarter ended June 30, 2026.The board meeting is set to take place on Friday, August 07, 2026. During this meeting, the company intends to consider and approve the Unaudited Financial Results, covering both standalone and consolidated figures, for the specified quarter. The agenda also includes the Limited Review Reports issued by the Auditors for the corresponding period.In relation to insider trading protocols, the company announced the status of its trading window for securities transactions. The trading...