Markets

HCLTech Secures ISO/IEC 42001:2023 Certification Demonstrating Leadership in Responsible AI HCLTech, a leading global technology company, has achieved ISO/IEC 42001:2023 certification for its Enterprise Artificial Intelligence Management System (AIMS). This achievement affirms HCLTech's capability to support enterprises scaling AI adoption through strong governance, risk management, and operational rigor.The certification, issued by Schellman Compliance, LLC, an accredited body recognized by the ANSI National Accreditation Board (ANAB), validates HCLTech’s enterprise-wide framework for responsibly developing, deploying, and governing AI within its AIMS scope. The scope covers various AI lifecycle processes across AI-enabled services...

Robust Demand Fuels State Bond Placements: CBI Secures ₹21,350 Crore in SGS Auctions The Reserve Bank of India (RBI) successfully completed the Yield/Price Based Auction of State Government Securities (SGS), securing a substantial amount across various states. The auction confirmed strong market appetite for state-issued debt instruments, with all securities fully subscribed and placements concluding on July 7, 2026.Total proceeds generated from the auction stand at ₹21,350 Crore. All participating securities were accepted in full, indicating robust demand across different tenors (maturities) and state requirements.Full Subscription Confirmed Across State Securities The placements saw a wide range of states participate...

Mazda Ltd. Clarifies Position on Increased Trading Volume and Material Disclosures Mazda Ltd. has addressed clarifications sought regarding increased trading volume for its shares, stating the company continues to promptly disclose all material events and price sensitive information impacting its operations.The company confirmed that it maintains compliance with regulatory requirements concerning disclosures of material events and price sensitive information. Mazda Ltd. stated that it has consistently abided by these requirements.Furthermore, Mazda Ltd. highlighted that since the company's shares are freely traded on the Stock Exchange(s), the organization is unable to offer commentary or provide insight into the increase in trading...

Dilip Buildcon Ltd Wins Rs 160.20 Crore EPC Contract for Road Construction in Odisha Dilip Buildcon Limited has secured a significant engineering, procurement, and construction (EPC) contract worth Rs 160.20 Crores. The order was awarded by the Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.) for the construction of a vital diversion road in Sundargarh District, Odisha.The project involves building the Diversion Road from 4/700 km to 11/500 km of the Duduka-Gopalpur-Toparia Road. The contract is entirely based on an EPC model and awarded by a domestic entity.Dilip Buildcon Ltd will execute the construction over an expected period of 18 months.The details of the project, which falls under the category of general...

TARC Stock Surges 14% on Massive Pre-sales Growth and Strong Collections in Q1 FY27 Shares of Delhi-based real estate developer TARC experienced a sharp rally on Tuesday, climbing as high as 14 percent to hit a two-month high following the release of robust operating updates for the quarter ended June 30, 2026. The significant surge was driven by exponential growth in both pre-sales and collections across the company's projects.The stock witnessed substantial intra-day gains, reaching Rs 142.40 on the NSE. While trading later saw a slight profit booking trend, the share continued to outperform significantly, closing at Rs 132.02, marking an increase of 7.27 percent.Explosive Growth in Pre-sales and CollectionsTARC reported...

Prime Minister Modi Forges Grand Strategic Partnership with Indonesia, Signing Key Agreements Across Defence and Digital Tech Deepening Comprehensive Strategic Ties Between India and Indonesia Prime Minister Shri Narendra Modi was warmly received by President Prabowo Subianto of Indonesia during a high-level State Visit to the Presidential Palace in Jakarta. This meeting marked the first official gathering between the two leaders since their previous engagement in January 2025. The talks were conducted both ceremonially and at the delegation level, thoroughly reviewing the vast scope of their Comprehensive Strategic Partnership.The partnership encompasses numerous critical areas including trade and investment, energy supply chain...

Exhiconevents Approves Preferential Issue of Warrants and Appoints New Statutory Auditor The Board of Directors of Exhiconevents Media Solutions Limited held a meeting on July 07, 2026, approving several key corporate actions, including the preferential issue of equity convertible warrants and the appointment of a new statutory auditor.Key outcomes approved by the Board included the issuance of 5,00,000 Warrants (Equity Convertible Warrants) through a preferential allotment process. The decision involves offering these warrants at an issue price of Rs. 479/- per warrant, which incorporates a premium of Rs. 469/-, to the company's promoters.The preferential issuance is set to aggregate up to Rs. 23,95,00,000/- and remains subject to...

Global Panic: Central Banks Rush to Accumulate Gold as Geopolitical Risks Redefine Reserve Strategy A significant global trend has emerged as central banks worldwide aggressively shift their reserve strategies, viewing gold as a crucial hedge against geopolitical uncertainty and currency volatility. The strategic accumulation of precious metal is gaining momentum following major global events, prompting nations to diversify reserves away from reliance solely on traditional foreign currencies.For India, the sustained commitment by the Reserve Bank of India (RBI) has yielded remarkable results. Official gold holdings have reached $115.8 billion, nearly doubling over the past two years. Gold now accounts for 17 percent of India's foreign...

Exhicon Events Media Solutions Ltd Announces Preferential Issue of Warrants, Approves EOGM, and Appoints New Statutory Auditor Exhicon Events Media Solutions Ltd has announced several key corporate decisions following its Board meeting held on July 07, 2026. The company approved the preferential issue of Equity Convertible Warrants to promoters and appointed M/s Bilimoria Mehta & Co. as the Statutory Auditor for a term of five years.Preferential Issue of Equity Convertible Warrants The Board considered and approved the Offer, Issue and Allotment of 5,00,000 Equity Convertible Warrants. The warrants are being issued at a price of Rs 479/- each, including a premium of Rs 469/- per warrant on a preferential basis to the company's...

New Markets Avenue Ltd Completes Warrant Conversion and Appoints Secretarial Auditor New Markets Avenue Ltd (formerly New Markets Advisory Limited) announced several corporate developments including the conversion of warrants into equity shares and the appointment of a Secretarial Auditor for the financial year 2025-26.The company approved the conversion of 53,00,000 warrants into 53,00,000 Equity Shares of face value Rs. 10/- each at par on a preferential allotment basis. This action was taken following a Board meeting held on July 4, 2026.The equity shares were allotted to five allottees:Mrs. Chhaya Gaurang Shah (Non-Promoter Public) M/s. Mamta Securities Private Limited (Non-Promoter Public) M/s. Spring Trade Mercantile Private...

Dolat Algotech Limited Certifies Commercial Paper Issuance for Quarter Ended June 30, 2026Dolat Algotech Limited has confirmed the issuance and usage of its Commercial Papers (CP) for the quarter ended June 30, 2026. The certification details that the CPs were issued to meet various operational and financial requirements of the company.According to the certified report, the proceeds from the Commercial Papers were utilized to address ongoing funding needs, mark to market obligations, working capital requirements, and other designated corporate purposes.The company further certified adherence to all listing conditions established in the Operational Circular regarding the issue and listing of the Commercial Paper dated August 10...

Bombay Wire Ropes Ltd Receives Labour Union Communication Regarding Court and Tribunal Compensation Orders Bombay Wire Ropes Ltd has received communication from a labour union concerning orders issued by various tribunals in Maharashtra regarding long-standing compensation payments to workmen. The company confirmed the details of these legal directives, which relate to compensation awards spanning several periods.The correspondence relates to two specific judicial actions. First, an Order dated January 24, 2026, was issued by the Industrial Court, Maharashtra, Thane (Complaint No. 238 of 1995). This order directed Bombay Wire Ropes Ltd to pay compensation at the rate of Rs. 1,00,000/- per year per workman for the period extending from...

KCK Industries Announces Preferential Share Offer and De-merger of Land Assets into Subsidiary KCK Industries Limited announced significant corporate decisions on July 3, 2026, approving a substantial preferential issue of shares and advancing a draft scheme for the de-merger of land assets to its wholly owned subsidiary. The Board meeting also addressed changes in office locations and key management appointments.Capital Market Operations and Preferential Issue The Board approved a plan to issue up to 25,00,00,000 equity shares on a preferential basis for an aggregate amount of up to Rs. 50,00,00,000/- (Rupees Fifty Crores Only). These shares are offered at an issue price of Rs. 20/- per share or a higher price determined by relevant...

Cognizant Secures Massive Legal Victory: Bombay High Court Crushes Atyati's Injunction Demand in Logo Dispute NASDAQ-listed IT services giant Cognizant has achieved a significant legal victory following the Bombay High Court’s dismissal of an interim injunction application filed by Bengaluru-based Atyati Technologies. This ruling decisively addresses a long-running trademark dispute concerning Cognizant's use of its company logo, firmly reaffirming the services company's operational standing.Landmark Ruling in Trademark Dispute The order represents a crucial development in the protracted legal battle over Cognizant’s branding. The Bombay High Court dismissed Atyati's interim injunction request, granting a major win to Cognizant at...

KP Green Engineering Secures New Orders Valued at ₹ 239.61 Crores across Diverse Sectors KP Green Engineering Ltd has announced that it secured fresh confirmed orders from multiple clients, aggregating to ₹ 239.61 Crores (including taxes). These contracts span various business segments and affirm the company's strengthening position as a solutions provider in engineering, fabrication, and structural support roles.The newly acquired orders underscore the company’s robust execution capabilities and expanding product portfolio across high-growth areas, including renewable energy, transmission infrastructure, and industrial sectors.Details of the confirmed orders are provided below:SegmentAmount (₹ crore) incl. taxesDescription...

CRISIS REGTECH SOLUTIONS PROVIDES CLARIFICATION ON CREDIT RATING WITHDRAWAL BY INDIA RATINGS IRIS RegTech Solutions Ltd has issued a clarification regarding the withdrawal of a specific credit rating assigned by India Ratings & Research Pvt. Ltd., ensuring that investors and stakeholders have complete factual background on the matter.The rating withdrawn by India Ratings pertained solely to a set of credit facilities previously availed by the company from Federal Bank Limited. The facilities, which aggregated up to ₹170 million, have since been fully repaid and closed by IRIS RegTech Solutions Ltd.Following the closure of these underlying facilities, the Company had formally requested India Ratings to withdraw the associated rating...

Syschem India Ltd. Converts Warrants to Equity Shares; Total Capital Reaches Rs 53 Crore Lakh Fifty Five Thousand Syschem India Ltd. announced that its Board of Directors approved the allotment of equity shares resulting from the conversion of warrants during a meeting held on July 07, 2026. This move expanded the company's issued and paid-up capital structure.The Company allotted a total of 43,52,500 equity shares to members belonging to the Promoter and Promoter group. The allotment was carried out on a preferential basis upon the exercise of their rights to convert warrants into equity shares. The issue price for both the warrants and the resulting equity shares was set at Rs 49/- each, including a premium of Rs 39/- each.The...

Garware Hi-Tech Films Receives Credit Rating Update from CARE Ratings Limited Garware Hi-Tech Films Ltd has received a credit rating update from CARE Ratings Limited regarding its bank facilities, according to a communication dated July 6, 2026.The ratings address both long-term and short-term bank facilities, reflecting the company's financial standing as assessed by the agency.For long-term banking arrangements, Garware Hi-Tech Films has been upgraded by CARE Ratings Limited. The company's rating for these facilities is now CARE AA; Stable, having moved up from CARE AA-; Stable.In addition, the credit rating for short-term bank facilities was reaffirmed by CARE Ratings Limited as CARE A1+.The specific details of the updated...

Jaiprakash Power Ventures Ltd Reports Resignation of Non-Executive Director Manoj Gaur Jaiprakash Power Ventures Ltd has announced a change in its Board composition following the resignation of Shri Manoj Gaur. The company reported that Mr. Gaur has resigned from his role as a Non-Executive Director, effective July 6, 2026.Consequent to his departure from the Board, Shri Manoj Gaur will also cease to hold the position of Non-Executive Chairman of the Company.The details regarding this change in directorship are as follows:Change TypeResignationDate of CessationJuly 6, 2026Terms of AppointmentNot ApplicableBrief ProfileNot ApplicableDisclosure of Relationship between DirectorsNot ApplicableJPPOWER Stock Price...

Siyaram Recycling Industries Secures Rs 46,19,700 Order for Brass Scrap from Metal Scrap India Siyaram Recycling Industries Ltd has secured a significant order totaling Rs 46,19,700 from Metal Scrap India for the supply of Brass Scrap. The transaction involves a fixed cost contract and is scheduled for execution within seven days.The business arrangement details state that the order comes from a domestic entity. Siyaram Recycling Industries Ltd will be supplying the Brass Scrap to Metal Scrap India as part of this fixed cost commitment.Key details of the secured contract are summarized below:DetailDescriptionEntity Awarding OrderMetal Scrap IndiaProduct / Nature of OrderBrass Scrap (Fixed cost)Total Order ValueRs...