Markets

Major Port Revenue Explodes: Indian Shipping Economy Pushes Beyond ₹24,848 Cr While Maintaining Sovereign Ownership The infrastructure of India’s maritime sector continues to demonstrate robust financial health and operational efficiency. According to data released by the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, all twelve Major Ports remain under the strict stewardship of the Government of India. This ensures that while private investment drives modernization, the core assets and land ownership retain state control.The ports are successfully implementing a ‘landlord port model,’ encouraging crucial operational enhancements through public-private partnership (PPP) mechanisms. Critically, despite significant...

E2E Networks Surges to Upper Circuit After AI Platform Posts Massive Profit Reversal in Q1 FY27 Shares of AI cloud platform E2E Networks have witnessed a significant rally, hitting the upper circuit limit on Tuesday. The stock was locked at Rs 446.40 per share on the NSE after reporting a consolidated net profit for the June quarter of the current financial year (FY27).The immediate market reaction has been robust, with shares gaining 10 percent over the last two trading sessions. The rally underscores the successful pivot and rapid growth experienced by the AI-focused infrastructure company.Financial Performance Leaps as E2E Networks Posts Profit E2E Networks reported a consolidated net profit of Rs 44 crore for the June quarter of...

Gujarat Leads Textile Investment Surge: How PLI Scheme Is Powering 33,427 New Jobs The Production Linked Incentive (PLI) scheme for Textiles is showing significant momentum across India. As of March 31, 2026, a total investment amounting to ₹8,117.64 crores has been committed by the companies operating under this initiative. This substantial financial commitment has directly translated into the generation of 33,427 new employment opportunities nationwide.Investment Landscape Under PLI for Textiles A total of 170 companies have received approval under the PLI scheme for Textiles. The geographical distribution reveals that several states have successfully attracted massive investment capital. Gujarat stands out as a leader in...

Mobavenue AI Unveils New Brand Identity and Launches Neural Engine to Define Next Generation of AdTech Mobavenue AI Tech Limited, an established player in advertising technology (AdTech), unveiled its new brand identity and announced the launch of the Mobavenue Neural Engine. This integrated AI intelligence layer marks a significant evolutionary shift for the company, positioning it as a global platform that guides marketers from campaign planning to strategic decision-making.The rebrand signals the transition of Mobavenue from a bootstrapped Mumbai startup—which originally operated through a services model—to a product-led AdTech and consumer growth platform with an international footprint. The company is now home to over 200...

Textile Exports Surge by 1.8 Percent; Government Bolsters Sector with Policy Extensions amid Global Headwinds The Indian textile and apparel industry demonstrated remarkable resilience in the recent fiscal year, achieving growth despite persistent global market fluctuations and input cost pressures. Export revenues for textiles and apparel, including handicrafts, stood at ₹3,25,339.0 crore in 2025-26. This figure represents a solid growth of 1.8 per cent when compared to the previous year's total of ₹3,19,573.2 crore.The sector’s global reach was significantly expanded during 2025-26, with exports recording growth in more than 100 diverse international destinations. This sustained performance underscores the industry's deep...

Mobavenue AI Unveils Neural Engine as Company Shifts Focus from Campaigns to Decisioning Mobavenue AI Tech Limited, an AI-native technology company operating across advertising, marketing, and consumer growth, has unveiled a new brand identity and launched the Mobavenue Neural Engine. This AI intelligence layer is built across its advertising technology platforms, marking a significant shift for the company—from executing campaigns to enabling marketers to make data-driven decisions.The announcement signals the completion of a long-term transformation at Mobavenue. The company has evolved into a product-led AdTech and consumer growth platform with over 200 employees. It serves more than 150 brands across various markets, having stayed...

TVS Motor Reports Record Quarter 1 Results: Revenue Jumps 38% and Profit Surges by 51% in Q1 FY27 TVS Motor Company Limited announced robust financial performance for the first quarter of the financial year 2026-27, posting its highest ever revenue. The company recorded a 38% growth in revenue compared to Q1 FY25-26 and achieved a significant rise in Profit After Tax (PAT), marking a 51% increase.The automotive manufacturer reported total revenue from operations of Rs. 13,896 Crores for the quarter ending June 30, 2026. The company's operational efficiency improved, with its EBITDA margin reaching 12.8%, up from 12.5% in the preceding year. Correspondingly, TVS Motor posted a Profit After Tax (PAT) of Rs. 1,173.97 Crores, which...

Deutsche Bank Dominates Massive Rally in $2.7 Billion Shapoorji Bond Issuance to Avert Default Risks German lender Deutsche Bank led the investment side of a significant $2.7 billion bond issue floated by Shapoorji Pallonji this week. Sources indicate that Deutsche Bank emerged as the top investor, securing a massive stake in the bonds from Eqyizen Investments, an entity owned by the Shapoorji group.The global financial community saw strong engagement from major international investors. Deutsche Bank committed $644 million (Rs 6,210 crore), making it the largest single subscriber. Other significant participants included US-based Sageoak Capital at $196 million (Rs 1,896 crore) and alternative investment firm Cerberus Capital...

Gold Surges Above $4,000 as US-Iran Diplomacy Hopes Temper Oil Rally and Inflation Fears Spot gold gained significantly on Tuesday, rising over 1% as global investors weighed the increasing diplomatic efforts aimed at easing tensions between the U.S. and Iran. The rise in precious metals comes as market focus shifts from geopolitical escalation toward potential de-escalation, impacting expectations for oil prices and future interest rate decisions by the Federal Reserve.Spot gold climbed 1.6% to $4,071.59 per ounce by 0750 GMT. U.S. gold futures for August delivery also posted a strong gain of 1.5%, trading at $4,076.00. Analysts suggest the market is establishing a base around the crucial $4,000 level before attempting to re-engage...

Capri Global Capital Announces Board Meeting to Approve Q1 2026 Financial Results; Trading Window Closed Capri Global Capital Limited has scheduled a meeting of its Board of Directors to review and approve the unaudited financial results for the quarter ended on June 30, 2026. The board meeting is set to take place on Monday, July 27, 2026.During the meeting, the company is expected to consider and approve both the Standalone and Consolidated Financial Results. These results will be subject to a limited review by the Joint Statutory Auditors of the Company.In line with insider trading regulations and the Company's Code of Conduct, the "Trading Window" for dealing in Capri Global Capital Limited's securities was closed starting from...

Chalet Hotels Appoints Manoj Agarwal as Chief Growth and Product Officer Chalet Hotels Ltd has appointed Mr. Manoj Agarwal as its Chief Growth and Product Officer, effective July 20, 2026. The appointment places Mr. Agarwal among the Company’s Senior Management personnel.The appointment follows a thorough assessment of his extensive background in real estate, hospitality, and infrastructure. Mr. Agarwal possesses 23 years of experience across these sectors, bringing deep expertise in business development, asset management, portfolio investment, and corporate finance. His skills encompass M&A advisory, fund raising, valuations, deal sourcing and closure, and strategic consulting.Prior to joining Chalet Hotels Ltd, Mr. Agarwal served...

Aditya Birla Sun Life AMC Reports Strong Q1 FY27 Results; Overall AUM Rises 42% Year-on-Year Aditya Birla Sun Life AMC Limited (ABSLAMC) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant growth in assets under management (AUM), while profitability saw consistent year-on-year increases across key metrics.The asset management firm recorded an overall QAAUM of ₹ 6,279 billion for the quarter ending June 30, 2026, marking a 42% increase compared to the AUM of ₹ 4.4 trillion in June 2025.Financial Highlights (Q1 FY27) For the first quarter of fiscal year 2027 (Q1 FY27), ABSLAMC reported total revenue of ₹ 6.3 billion, a rise of 11% compared to the previous year. The firm also...

The Phoenix Mills Ltd Schedules Board Meeting to Approve Q1 2026 Financial Results The Phoenix Mills Limited has scheduled a meeting of its Board of Directors to consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.The Board meeting is slated for Tuesday, July 28, 2026. The primary agenda item for the meeting includes reviewing and approving the financial performance results of the company for the specified quarter.In addition to the board meeting notification, the company provided an update regarding its trading status. The Trading Window for dealing in securities of The Phoenix Mills Ltd has been closed since Wednesday, July 01, 2026. This trading restriction will...

E2E Networks Reports Stellar Q1 FY'27 Results: Revenue Jumps 334% Driven by B200 Cluster Go-Live E2E Networks Limited, an AI-First Cloud GPU Platform provider in India, reported robust unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY'27), ending June 30, 2026. The company announced a substantial surge in revenue, driven by the successful launch of its B200 cluster and improved utilization across its flagship GPU portfolio.The Q1 results underscored significant operational milestones for E2E Networks Limited. Revenue from operations reached ₹1,568 Mn, marking a 334.1% increase year-on-year (YoY) and a 63.9% rise quarter-on-quarter (QoQ).The company’s overall financial health showed marked expansion, with...

Adani Energy Solutions Releases Quarterly Results; Plans ₹3,050 Crore Acquisition in Smart Metering Space Adani Energy Solutions Limited today announced its unaudited financial results for the quarter ended June 30, 2026, alongside details of a strategic acquisition intended to bolster its position in the smart metering industry. The company also provided updates regarding ongoing legal matters involving one of its directors.The Board of Directors approved the standalone and consolidated unaudited financial results at a meeting held on July 21, 2026.Standalone Performance Highlights (Adani Energy Solutions Ltd) For the quarter ended June 30, 2026, Adani Energy Solutions reported key figures showing total income of 1,203.76 Crores...

Cera Sanitaryware Ltd Announces Resignation of Chief Business Officer - Polymers and Emerging Business India Cera Sanitaryware Limited has announced that Mr. Ramesh Baliga, a designated Senior Management Personnel, has tendered his resignation from the position of Chief Business Officer - Polymers and Emerging Business India. The decision to resign was based on personal reasons.The company accepted the resignation on July 21, 2026. According to official updates, Mr. Baliga will be relieved of his duties with effect from September 30, 2026, at the close of business hours.Mr. Baliga’s resignation comes after his tenure contributing to the company's business activities and strategic initiatives. During the notice period, he committed...

SBI Funds Management Aims for Massive Growth by Expanding AIF Capabilities and Targeting Wealth Clients SBI Funds Management is doubling down on specialized wealth products, signaling a significant push into the Alternative Investment Fund (AIF) space. The asset manager has outlined an aggressive expansion strategy focused on enhancing product offerings while maintaining strict quality control over its core business segments.Speaking after the listing ceremony, representatives highlighted AIFs as one of the crucial areas for substantial investment. SBI Funds Management is actively acquiring new capabilities to manage and raise funds across this expanding sector.Scaling Up in Alternative Investment Funds (AIF) The company aims to...

Medicamen Organics Limited Announces Executive Director Resignation Due to Family Medical Issues Medicamen Organics Limited has confirmed the resignation of Mr. Brijesh Kumar Chaubey from the position of Executive Director, effective July 20, 2026. The company stated that his departure is due to family medical issues.The resignation was formally tendered by Mr. Brijesh Kumar Chaubey on July 20, 2026. He confirmed that there were no material reasons for the resignation other than the personal circumstances cited.Medicamen Organics Limited provided details regarding the change in directorship, confirming the cessation of Mr. Chaubey from the role as Executive Director.Key details concerning the director's transition are summarized...

Ajanta Pharma Announces Q1 FY 2027 Unaudited Financial Results Release and Earnings Conference Call Ajanta Pharma Limited announced that the company will release its Q1 FY 2027 Unaudited Financial Results on July 30, 2026. The financial results will be followed by an Earnings Conference Call hosted by the leadership team to discuss the performance and address questions from participants.The Earnings Conference Call is scheduled for July 30, 2026, at 16:15 hrs IST. Participants can join the call via various international time zones, including 18:45 hrs SST/HKT, 11:45 hrs BST, and 06:45 hrs US ET.The company provided detailed dial-in information for the conference call, which is expected to run from 16:15 to 17:15 hrs IST (the...

ED and RBI Fast-Track Settlement Route, Granting Reprieve as Companies Settle Technical FEMA Violations The Enforcement Directorate (ED) and the Reserve Bank of India (RBI) have introduced a significant measure aimed at simplifying compliance and promoting ease of doing business for companies with foreign exposure. The agencies are fast-tracking compounding orders to allow businesses facing minor technical contraventions of the Foreign Exchange Management Act (FEMA, 1999) to settle their disputes through a designated scheme.Compounding is described as a sophisticated settlement mechanism that allows a company found in violation of FEMA to admit the contravention and agree to pay a specified fee to resolve the matter. This move by both...