Markets

Vedanta Oil and Gas Limited Faces Arbitration Enforcement Petition from ONGC in High CourtVedanta Oil and Gas Limited, formerly known as Malco Energy Limited, is involved in litigation concerning an enforcement petition filed by Oil and Natural Gas Corporation Limited (ONGC) regarding a specific arbitral award. The matter is before the Delhi High Court.The dispute arises from an arbitration process between ONGC and Vedanta Limited, resulting in an arbitral award dated July 31, 2023. ONGC has filed an enforcement petition seeking to enforce this award against the company.During a hearing held on July 20, 2026, the High Court issued notice to Vedanta Oil and Gas Limited to file its reply. Currently, there is no interim adverse order...

Cyient DLM Posts Strong Q1FY27 Results; Revenue Jumps 34.3% as Order Book Hits All-Time High Cyient DLM, an integrated electronics manufacturing solutions provider specializing in Design-Led Manufacturing (DLM), announced strong financial results for the quarter ending June 30, 2026. The company reported significant revenue growth and recorded its highest ever order book since its IPO.The quarterly performance highlighted sustained double-digit margins alongside robust order intake, demonstrating disciplined execution across key business segments.Q1FY27 Financial Snapshot Key financial metrics for Cyient DLM in Q1FY27 include:MetricValueYoY Change / MarginRevenueINR 373.8 crores34.3% GrowthEBITDAINR 39.2 crores56.2% Growth...

Auto Industry Transformation: 225 Units and ₹44,326 Cr Investment Surge Under PLI-Auto Scheme The government's Production Linked Incentive (PLI) schemes are catalyzing a massive push in India's advanced manufacturing base. This sentiment was highlighted by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma, who provided details on the implementation status of both the PLI-Auto scheme and the National Programme on Advanced Chemistry Cell (ACC) Battery Storage during a written reply in the Lok Sabha.State of PLI-Auto Scheme Implementation The PLI for Automobile and Auto Component Industry (PLI-Auto), introduced with a budgetary outlay of ₹25,938 crore on September 23, 2021, continues to drive significant...

Automobile Manufacturing Surges: India PLI Scheme Drives Over ₹44,000 Cr Investment in Advanced Auto Products Performance Snapshot of PLI-Auto Scheme The government's Production Linked Incentive (PLI) scheme for the automobile and auto component industry is demonstrating significant traction in bolstering domestic manufacturing capabilities. Approved with a budgetary outlay of Rs. 25,938 crore, the scheme aims to enhance India's capabilities in Advanced Automotive Products (AAT).As tracked against the cumulative data up to March 31, 2026, the commitment from industry players is substantial. Total investment channeled under the PLI-Auto scheme stands at Rs. 44,326 crore. This massive capital inflow underscores a strong belief in the...

Individual Power Surges: Retail Investors Drive India Mutual Fund AUM to Record High in June 2026 Individual investors continue to cement their dominant position within the Indian mutual fund sector. Their share of total assets under management (AUM) rose substantially, reflecting robust retail participation.According to Franklin Templeton India Mutual Fund data, individual investor AUM stood at 61 percent in June 2026. This is an increase from 60 percent recorded in May. Institutional investors accounted for the remaining 39 percent of the total market.Total Mutual Fund Industry Reaches New High The overall mutual fund industry's AUM hit a historic mark of Rs 82.22 lakh crore in June 2026. This represents significant growth...

Massive Investment Surge: Government Pours Billions into EV Infrastructure as Charging Networks Scale Up As India pushes toward electrification, governmental commitment is rapidly accelerating the transition of electric vehicles (EVs). A series of schemes and regulatory measures have been rolled out by the government to tackle range anxiety, support manufacturing, and ensure a robust charging infrastructure nationwide.Status of Public EV Charging Network Infrastructure The scale of existing public charging infrastructure provides a base for future growth. Currently, there are 52,718 public charging stations available. Of these, 16,561 charging points are equipped specifically with fast EV chargers for cars.To address the crucial...

Massive Global Demand Ignites Rare Earth Rush: India Launches ₹7,280 Crore Scheme to Boost Domestic Magnet Manufacturing A comprehensive assessment of Rare Earth Permanent Magnet (REPM) demand has been finalized by leading national institutions IREL, DMRL, and BARC. This study highlights the critical need for domestic manufacturing capabilities as India projects a substantial requirement for REPM across multiple key sectors over the next decade. The scheme to promote Sintered REPM manufacturing was subsequently approved by the Union Cabinet with an outlay of ₹7,280 Crore.Projecting Future Rare Earth Permanent Magnet Demand The analysis provides a detailed projection of segment-wise REPM requirements for India slated for 2030. These...

STL Networks Announces Board Meeting to Discuss Q1 Financial Results STL Networks Ltd has scheduled a meeting of its Board of Directors to review and approve the company's Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The board meeting is set to take place on Tuesday, July 28, 2026.During the meeting, the directors will consider and approve the financial results for the specified period. This event provides stakeholders with a clear timeline regarding the assessment of the company's performance during the quarter ended June 30, 2026.STLNETWORK Stock Price Movement Today, STL Networks Limited shares edged higher to close at ₹24.68, posting a 1.93% gain in after-hours trading. The...

Vedanta Oil and Gas Faces Litigation Over Block Extension Denial by Directorate General of HydrocarbonsVedanta Oil and Gas Limited, formerly known as Malco Energy Limited, is involved in a dispute with the Directorate General of Hydrocarbons (DGH), Government of India regarding four blocks previously awarded under OALP bidding rounds. The company has received demand letters from the DGH, which state that they will not grant further extension for these blocks and are seeking payment of liquidated damages along with applicable interest.The conflict centers on the status of the allocated drilling rights. Vedanta Oil and Gas maintains that it possesses valid grounds in this matter and is actively pursuing all appropriate legal and other...

MPS Ltd Approves Q1 Results, Announces Singapore Subsidiary Plan, and Appoints New Chief Risk Officer MPS Ltd announced key outcomes from its Board meeting held on Tuesday, July 21, 2026. The Board approved the Un-Audited Financial Results (Standalone and Consolidated) for the First Quarter (Q1) ending June 30, 2026. Furthermore, the company approved the incorporation of a Wholly Owned Subsidiary (WOS) in Singapore, and appointed Mrs. Papinani Radha Rani as the Chief Risk Officer (CRO).Financial Performance Review The Board took on record the Un-Audited Financial Results for Q1 ended June 30, 2026. These results have undergone a Limited Review by M/s Walker Chandiok & Co LLP, Statutory Auditors of the Company.Standalone Q1 2026...

Aarti Industries Schedules Conference Call to Discuss Q1 FY27 Results Aarti Industries Limited, a leading global specialty chemical company, has organized a quarterly earnings conference call for investors and analysts regarding its Q1 FY27 results. The event is set for Friday, July 31, 2026, at 12:30 pm IST.The management will hold a brief discussion on the Q1 FY27 results, which are scheduled to be declared on Thursday, July 30, 2026. This presentation will be followed by an interactive Question and Answer session with participants.Key members of the management team who will represent the company during the conference call include Mr. Suyog Kotecha, Executive Director and CEO, and Mr. Chetan Gandhi, Chief Financial Officer (CFO)...

Liberty Shoes Ltd States Trading Volume Increase is Market Driven, Affirms Compliance Liberty Shoes Ltd has addressed concerns regarding the increased volume of its securities across exchanges, confirming that the surge is driven by general market forces and not due to any price-sensitive events or information concerning the company.The company stated that there were no internal events or information related to Liberty Shoes Ltd which could affect the operation or performance of the company that required disclosure to investors beyond standard compliance requirements. The increased trading volume was attributed entirely to market-oriented factors outside the control of the management.Liberty Shoes also confirmed that no director...

Navneet Education Limited Receives Show Cause Notice from Legal Metrology Authorities Navneet Education Limited has reported receiving a Show Cause Notice concerning regulatory compliance from the Office of Senior Inspector, Legal Metrology (Weights and Measures) in Uttar Pradesh. The notice was received by the company on July 20, 2026.The action initiated against Navneet Education Limited pertains to prima facie violations of Section 18(1) and Section 51 (read with) of the Legal Metrology Act, specifically referencing Rule 7 of the Legal Metrology (Packaged Commodities) Rules, 2011.According to details provided by the company regarding the matter, the originating authority is the Office of Senior Inspector, Legal Metrology (Weights...

BCC Fuba Completes First Call Money Collection; Issues Forfeiture Notice for Remaining SharesBCC Fuba India Ltd has provided an update regarding its calls on equity shares, confirming that a significant portion of its partly paid-up capital has been successfully collected and subsequently approved for trading. The company also announced the issuance of a forfeiture notice concerning outstanding payments from remaining shareholders.The company reported completing the First and Final Call collection process for 44,32,220 Paid-up Equity Shares. This collection occurred during the designated period spanning Monday, May 25, 2026, to Monday, June 08, 2026. The total amount aggregated from this successful collection stood at Rs...

Victoria Mills Ltd Schedules Board Meeting for Approval of Q2 2026 Unaudited Financial Results Victoria Mills Limited has announced that a meeting of its Board of Directors is scheduled to approve the unaudited financial results for the quarter ending June 30, 2026.The board meeting is set for Wednesday, August 12, 2026. The meeting agenda includes approving and recording the unaudited financial results of the company under Indian Accounting Standards (Ind AS) for the period concluding on June 30, 2026.In adherence to the Company's Code of Conduct for Prevention of Insider Trading, designated persons have been informed regarding the closure of the trading window for the equity shares. The trading window closed starting July 1, 2026...

Saurashtra Cement Ltd Undertakes Annual Kiln Maintenance at Ranavav Plant Saurashtra Cement Limited has initiated a shutdown of its kiln at the cement plant located in Ranavav, Dist.: Porbandar, Gujarat. The company confirmed that this stoppage is necessary for annual maintenance of the kiln structure.The maintenance work commenced on July 21, 2026, and is expected to last almost 24 days.Despite the kiln shutdown, Saurashtra Cement Limited assured that all cement and clinker dispatches will continue as usual throughout the duration of the maintenance period.SAURASHCEM Stock Price Movement Shares of Saurashtra Cement Limited slipped today by 1.51% to settle at ₹59.15 in post-market trading, closing well below its open price of...

Mahindra Finance Reports Strong Q1 FY27 Results; PAT Jumps 70% YoY Mahindra & Mahindra Financial Services Limited (Mahindra Finance) announced its unaudited financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. The company's performance underscored continued expansion in profitability and resilient asset quality across both standalone and consolidated segments.Speaking on the outcomes, Raul Rebello, MD & CEO of Mahindra Finance stated that the results reflect the franchise strength, noting continued progress towards growth agendas through focused investments in its core vehicle franchise, new growth engines, and technology to support Profitable & Disciplined Growth.Standalone Performance Highlights (Q1...

Embassy Office Parks REIT Schedules Earnings Conference Call for Q2 Results Embassy Office Parks Management Services Private Limited, Manager to Embassy Office Parks REIT ('Embassy REIT'), has announced an earnings conference call scheduled to discuss the financial results for the quarter ended June 30, 2026.The conference call is set for Thursday, July 30, 2026, at 1800 Hrs IST. Stakeholders are invited to join the event to review the REIT's performance during the specified period.Following the earnings conference call, a playback of the session and a transcript will be made available on the investor relations section of the company website, accessible via...

Family Care Hospitals Ltd Schedules Board Meeting to Approve Un-Audited Financial Results and Restricts Insider TradingFamily Care Hospitals Limited has announced a meeting of its Board of Directors to review the company's financial performance for the quarter ending June 30, 2026. The board meeting is scheduled for Friday, July 24, 2026.The agenda for the Board includes considering and approving the Standalone Un-Audited Financial Results along with the Limited Review Report for the period ended June 30, 2026. The company will also transact other ancillary matters as deemed necessary by the board.In relation to internal conduct regarding securities trading, Family Care Hospitals Ltd has established specific limitations on the...

GE Power India Shareholders and Unsecured Creditors Approve Scheme of Arrangement with JSW Energy Limited GE Power India Limited successfully concluded the Tribunal Convened Meeting for Equity Shareholders and Unsecured Creditors on July 20, 2026, approving the proposed Scheme of Arrangement with JSW Energy Limited. The voting results confirmed that both shareholder and creditor bodies passed the requisite resolutions, based on their respective mandates.The resolution detailed in the Notice dated June 18, 2026 for the meetings was approved by the Equity Shareholders and Unsecured Creditors with a majority, as determined during the meeting.Equity Shareholder Voting Results The Equity Shareholders' meeting was held via Video...