Markets

Apple Transfers Reins: Hardware Boss John Ternus Set to Steer Tech Giant Through AI Growth Chapter New Delhi, Apr 21 (PTI) Apple has announced a significant top-deck transition, confirming that long-time hardware chief John Ternus will assume the role of Chief Executive Officer. This transition marks the end of Tim Cook's decade-and-a-half tenure, defined by steady growth and a notably quiet leadership style. Ternus is set to take over the reins, ushering Apple into its next chapter of technological evolution.Ternus now faces the monumental task of guiding Apple through a period of intense industry change. His leadership will require navigating geopolitically vulnerable supply chains and sustaining the company's market dominance...

Influx Healthtech Highlights Capacity Expansion and Diversification in Q4FY26 Influx Healthtech Limited concluded fiscal year 2026 on a strong trajectory, characterized by aggressive capacity expansion, advanced technology adoption, and strategic diversification. The company has evolved from a traditional Contract Development and Manufacturing Organization (CDMO) into a full-spectrum, innovation-led manufacturing partner, establishing a presence across high-growth verticals including nutraceuticals, functional beverages, pet nutrition, and healthy snacking.Robust Operational Performance and Product Mix Improvements The company reported robust operational performance throughout the quarter and the full fiscal year. This growth was...

Timken India Reports Changes in Senior Management Leadership Timken India Limited has announced changes in its senior management structure, detailing transitions involving two key personnel, Mr. Srinivasan Sarangapani and Mr. Avishrant Keshava.Mr. Srinivasan Sarangapani, who previously served as Senior General Manager - India SCM & Global Sourcing, is changing his role within the company. The change in designation is described as moving into a global role within Timken. His effective date for this transition is May 1, 2026.Separately, Mr. Avishrant Keshava, General Manager-Special Projects, has resigned from his position. His resignation is effective as of April 30, 2026, with him citing a decision to pursue a career opportunity...

Ajanta Pharma Ltd Board Meeting Scheduled for May 5, 2026, to Approve Annual and Quarterly Financial Results Ajanta Pharma Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, May 5, 2026. The meeting is set to review and approve critical financial documentation for the company.During the meeting, the board will consider and approve the audited financial results for the quarter and the full year ended March 31, 2026. The approval process covers both consolidated and standalone results. Furthermore, the board will approve the comprehensive audited financial statements for the year ending March 31, 2026, which are available in both consolidated and standalone formats.AJANTPHARM Stock Price Movement Today...

Eco Recycling Ltd Board Meeting Scheduled to Approve Financial Results for FY2026 Eco Recycling Ltd has scheduled a meeting of its Board of Directors to consider and approve the Audited Standalone and Consolidated Financial Results for the company. The results pertain to the quarter and the full year ended March 31, 2026.The Board Meeting is set to take place on Monday, April 27, 2026.In conjunction with the review of the financial performance, the company also announced an update regarding trading restrictions for its securities. The trading window for Eco Recycling Ltd’s shares has been closed for designated persons and their immediate relatives or dependents. This closure was effective from April 1, 2026, and remains in place...

Elecon Engineering Hosts Non-Deal Roadshow Meeting with Investors and Analysts Elecon Engineering Company Ltd has announced a series of meetings for its officials with investors and analysts during a Non-Deal Roadshow (NDR). The event is scheduled to take place across multiple cities, covering discussions based on the company's publicly available information.Elecon Engineering operates across several key sectors, including Cranes, Rubber Industry, Marine Industry, Plastic Industry, Power Industry, Steel Industry, Sugar Industry, Mining, and the Cement Industry, highlighting its deep involvement in various industrial economies, particularly in gearing.During the Non-Deal Roadshow, the company officials will engage in group meetings...

BEML Limited Secures Rs 590 Crores Order for Trawl Assemblies from Ministry of Defence BEML Limited has secured a significant order from the Ministry of Defence for the supply of Trawl Assemblies. The contract, valued at approximately Rs 590 crores, falls within the company's normal course of business.The company confirmed the order, which provides a major boost to its business operations.The details of the transaction are as follows:DetailInformationCompanyBEML LimitedSecuring EntityMinistry of DefenceProductTrawl AssembliesContract ValueRs 590 crores approximatelyStatusNormal course of businessThe announcement highlights BEML Limited's continuous involvement in the defence and aerospace sectors, alongside...

Pace E-Commerce Ventures to Hold Board Meeting to Approve FY26 Financial Results Pace E-Commerce Ventures Ltd has scheduled a Board of Directors meeting for Monday, April 27, 2026. The meeting is set to take place at the company’s corporate office located at 423, Block-C, 1/1, Sumel-11, Indian Texitle Plaza, Shahibaug, Ahmedabad-380004, Gujarat, India.The primary business slated for consideration and approval includes the Audited Standalone Financial Results of the Company for the half year and the year ended March 31, 2026. The agenda also includes reviewing the Statutory Audit Report provided by the Company’s Auditor, along with any other business with the permission of the Chairperson.The company also issued an update regarding...

Dhanlaxmi Cotex to Meet Board of Directors on May 22, 2026, to Review Financials Dhanlaxmi Cotex Limited has scheduled a meeting of its Board of Directors for Friday, May 22, 2026. The Board Meeting is set to take place at the company's registered office located at 285, Chatrabhuj Jivandas House, 2nd Floor, Princess Street, Mumbai - 400002, commencing at 03:00 p.m.The meeting is convened to consider and approve several critical corporate matters, including the financial results for the quarter and year ended March 31, 2026, and various compliance reports.Key Agenda Items The Board’s agenda is comprehensive, focusing on financial reviews, mandatory audits, and statutory approvals for the period ending March 31, 2026. The key items...

Persistent Systems Reports FY26 Revenue of $1,654.4 Million, Marking 17.4% Year-on-Year Growth Persistent Systems announced its audited financial results for the quarter and year ended March 31, 2026. The company reported substantial growth, achieving $1,654.4 million in revenue for the financial year 2025-26, reflecting a 17.4% year-on-year growth and an EBIT margin of 15.6%. The Board of Directors also recommended a final dividend of ₹40 per share for FY26.The consolidated financial results highlight significant performance across the year and the fourth quarter.Financial Performance Highlights The financial data reveals robust growth in both absolute terms and profitability margins over the fiscal year.Consolidated Financial...

Tax Demand Orders Received By 360 ONE WAM Limited and Subsidiary 360 ONE WAM LIMITED, along with its subsidiary 360 ONE PRIME LIMITED, has received tax assessment orders from the Joint Commissioner of Income tax (OSD) regarding the block period from April 1, 2018, to March 27, 2025. The orders, received on April 21, 2026, raise a tax demand under Section 158BC(1)(c) of the Income Tax Act, 1961.The tax demand applies to both the parent company and the subsidiary. The assessment orders have specified quantum of demand for both entities.The following table details the assessment specifics and financial implications for the two companies:Parameter360 ONE WAM LIMITED360 ONE PRIME LIMITEDIT AuthorityJoint Commissioner of Income tax...

Sensex, Nifty Surge for Third Day as US-Iran Geopolitical Talks Fuel Rally Mumbai, April 21: Indian equities extended their bullish momentum for a third straight session on Tuesday. The broader market was buoyant, driven by sustained buying interest and cautious optimism surrounding potential extensions of the US-Iran ceasefire during ongoing diplomatic talks.At the close, both major indices reflected strong buying sentiment. The Nifty concluded the day at 24,576.60, marking a gain of 0.87 per cent or 211.75 points. Similarly, the Sensex gained significantly, ending the intra-day session at 79,273.33, up 0.96 per cent or 753.03 points.Momentum Built by Key Heavyweight Stocks The consistent gains in the major indices were largely...

Dairy Supply Holds Firm: How India Kept Milk Prices Stable Amid West Asia Conflict Crisis New Delhi saw assurance Tuesday as the government confirmed that milk and dairy prices remain stable nationwide, with absolutely no interruption in supply despite ongoing tensions in West Asia. Officials stated that the dairy value chain has maintained robust operations, ensuring continued payments to farmers and consistent access to essential inputs.Puja Rustagi, Director in the Department of Animal Husbandry and Dairying, addressed stakeholders, noting that milk procurement and processing have remained uninterrupted. She confirmed that the stability is maintained even during the current West Asia crisis period.India, standing as the world's...

Debt Surges, IMF Sounds Alarm: Pakistan Trapped in Crisis Cycle Despite 20+ Bailouts In a sharp critique of its economic history, a new report indicates that Pakistan has entered over 20 programs with the International Monetary Fund (IMF) over the past 65 years. Despite this repeated cycle of bailouts and temporary stabilization, the nation remains trapped in a recurring economic crisis without achieving durable structural reforms.The alarming assessment highlights that perennial structural weaknesses persist, leading to mounting debt and continuous fiscal vulnerability. The situation is marked by the country's struggle to transition short-term stability into sustained, long-term economic recovery.Mounting Debt Burden and Structural...

Meghalaya Farmers Receive ₹62 Crore Boost: CM Launches Massive Campaign to Revive Agriculture Livelihoods The Department of Agriculture & Farmers’ Welfare, Directorate of Horticulture, Government of Meghalaya, organized an extensive Input Distribution Programme at SMELC, Tura, on Monday. The initiative was graced by Chief Minister Shri Conrad K. Sangma, who reiterated the government’s deep commitment to bolstering farmers’ earnings and ensuring sustainable rural growth.The Chief Minister underscored the critical importance of agriculture, noting that the sector remains the backbone of the State’s economy. He pointed out that over 70 percent of households are dependent on farming and allied activities, making every intervention vital...

Korean Giants Krafton and Naver Launch Rs 6,000 Crore Fund to Turbocharge India's Unicorn Economy South Korea's leading technology firms, Krafton and Naver Corporation, have announced a massive joint investment aimed at fueling India's rapidly growing tech sector. The companies launched a Rs 6,000 crore Unicorn Growth Fund, marking one of the largest India-focused capital pools raised by a major Asian technology platform.The new fund is designed specifically to support promising Indian technology companies. It will be managed and advised by Mirae Asset Venture Investments (MAVI), which serves as the Mirae Asset group's private investment platform.Strategic Focus on India's Digital Future The launch follows high-level discussions...

Harmony and Devotion: Tripura Celebrates Garia Puja with Massive Display of Unity Garia Puja continues to captivate the heart of Tripura, transforming communities across the state into a vibrant tapestry of devotion and cultural harmony. The festival's celebration on Tuesday marked a significant display of goodwill, drawing participation from both tribal and non-tribal communities.The festivities are reportedly spreading powerful messages of peace, welfare, and unity. Devotees from various backgrounds are actively participating in the rituals, underlining the deep-rooted communal spirit of the region.State-Level Grandeur at Garjantoli The main state-level arrangements for the puja are centered at Garjantoli in Teliamura. This key...

Rupee Slips Further to 93.48 Against Dollar Amid US-Iran Uncertainty and Crude Volatility The Indian rupee experienced a noticeable dip on Tuesday, settling at a provisional 93.48 against the US dollar. The depreciation was driven primarily by a stable American dollar and sustained volatility in crude oil prices, coupled with geopolitical uncertainties surrounding peace negotiations in West Asia.The local currency faced pressure despite positive movement in domestic equity markets. Currency experts also pointed to the recent regulatory adjustments made by the Reserve Bank of India (RBI) concerning speculative bets, which did not adequately buoy the rupee.Geopolitical Tensions Weaken Rupee Support Market analysts cited the continued...

SEBI Settles ICICI Prudential VC Scheme Violation: How Delay in Fund Wind-Up Costed Rs 14.35 Lakh ICICI Prudential Asset Management Company (AMC) and two associated entities have successfully concluded a regulatory matter with SEBI. The settlement addressed alleged violations concerning substantial delays in the winding up of a specific venture capital fund scheme. The total payment made to resolve the proceedings amounted to Rs 14.35 lakh.The matter highlights the stringent compliance environment governing asset management and fund structures in India. The entities, including ICICI Prudential Venture Capital Fund and ICICI Prudential Trust, approached SEBI via suo-motu settlement applications. They proposed settling the alleged...

Kajaria Ceramics Appoints Ipininder Singh as Group Chief Digital and Information Officer Kajaria Ceramics Limited has announced significant changes in its senior management structure, approving the appointment of Mr. Ipininder Singh as the Group Chief Digital and Information Officer (CDIO) of the company. The appointment is effective from April 23, 2026.Consequent to this organizational change, Mr. Atul Nigam, the company's VP (IT), will cease to be classified as Senior Management Personnel. However, Mr. Nigam will continue in his capacity as VP (IT) and will report to the newly appointed CDIO.New Digital Leadership Appointed The company’s Board of Directors approved the appointment of Mr. Ipininder Singh through a circular...