Markets

GlaxoSmithKline Pharmaceuticals Announces Board Meeting to Review Q1 Financial Results GlaxoSmithKline Pharmaceuticals Ltd has scheduled a meeting of its Board of Directors to review the company's performance for the first quarter of the fiscal year. The board meeting is set to take place on Monday, August 3, 2026.The primary agenda item for the meeting includes considering and approving the un-audited financial results for the first quarter that ended on June 30, 2026. This review is intended to ensure proper recording of the company's Q1 performance.GLAXO Stock Price Movement As of 12:24 PM, GlaxoSmithKline Pharmaceuticals Limited sheds 0.49% in live trading, slipping by ₹12.10 to currently trade at ₹2471. The stock has seen a...

Latent View Analytics Completes Voting on Director Re-appointments and Appointments Latent View Analytics Ltd reported the successful outcomes of its recent remote e-voting process concerning several key corporate appointments, including re-appointments of independent directors and the appointment of new whole time directors. The voting period concluded on July 19, 2026.The company held votes related to four resolutions: three involving the re-appointment of existing directors and one covering a new director appointment.The results of the Special Resolutions concerning Independent Directors showed strong support from shareholders. Resolution No. 1, regarding the re-appointment of Mr. Reed Cundiff (DIN: 09241056) as an independent...

ACME Solar Surges: Secures 300MW PPA with SECI for Hybrid Wind-Solar Project Renewable Energy Milestone Achieved by ACME Solar Holdings Ltd ACME Solar Holdings Ltd has achieved a significant milestone in the renewable energy sector. The company announced on Tuesday that it has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). This PPA covers a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project.The successful agreement ensures structured power off-take for ACME Solar. The project is strategically located and will be connected to ISTS substations, leveraging the company's pre-secured connectivity at high-irradiation and wind zones.Financial Structure and Operational Details of the...

Utkarsh Small Finance Bank Exercises Call Option on Debentures, Sets Record Date for RedemptionUtkarsh Small Finance Bank Ltd has confirmed the exercise of a call option through the redemption of specific debentures. The decision was approved during a meeting of the Capital Structuring and Fund Raise Committee held on Tuesday, July 21, 2026.The bank authorized the repurchase via redemption, at par, of 1,950 Rated, Listed, Unsecured, Redeemable, Lower Tier II Bonds (Non-Convertible Debentures). The aggregate value related to this debenture exercise is up to ₹ 195 crores.In conjunction with the call option, the Bank also approved the execution of a supplementary debenture trust deed. This supplementary deed relates to the original...

Bayer CropScience Ltd Releases Business Responsibility and Sustainability Report for FY 2025-26 Bayer CropScience Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year ended March 31, 2026. The report details the company's operational scale, environmental stewardship, social commitments, and governance frameworks, highlighting a shift towards precision agriculture and integrated system thinking across their operations in India.Business Operations and Profile Bayer CropScience Limited is incorporated since 1958 and maintains its corporate offices in Thane (West), Maharashtra. The company’s business activities that accounted for 90% of turnover are centered around two key areas: crop...

Tourism Boom Accelerates: Government Sanctions ₹5,756 Cr Across 117 Projects to Build Global-Scale Destinations The Ministry of Tourism has solidified its commitment to national growth by sanctioning a substantial total of 117 projects valued at ₹5,756.62 Crore over the last two financial years. These investments are critical for developing robust tourism infrastructure and significantly augmenting basic amenities across India. The extensive initiatives span diverse areas, from spiritual heritage preservation to cutting-edge eco-tourism development.These funds are being deployed under various high-impact schemes, including Swadesh Darshan 2.0, Challenge Based Destination Development, Pilgrimage Rejuvenation and Spiritual Heritage...

Dwarikesh Sugar Industries Schedules Board Meeting to Approve June Quarterly Results Dwarikesh Sugar Industries Ltd has scheduled a meeting of its Board of Directors for Tuesday, July 28, 2026. The board meeting is set to be conducted through video conferencing (VC).The primary focus of the meeting will be the review and approval of the Unaudited Financial Results along with the Limited Review Report for the quarter that ended on June 30, 2026. The agenda also includes addressing any other matters with the permission of the Chair.In related operational updates, the company has confirmed that the trading window for all designated persons, including Directors and employees, is closed. This restriction was implemented to address the...

PNGS Gargi Fashion Jewellery Ltd Announces Board Meeting to Review Q4 Unaudited Financial Results PNGS Gargi Fashion Jewellery Ltd has scheduled a Board of Directors meeting to review and approve the company's Unaudited Financial Results for the quarter ending June 30, 2026. The meeting is set to take place on Friday, July 31, 2026.The primary agenda item for the upcoming board gathering is the consideration and approval of the Unaudited Financial Results pertaining to the quarter that concluded on June 30, 2026. This event provides stakeholders an opportunity to understand the company's financial performance during the specified period.Stock Price Movement As of 12:00, PNGS Gargi Fashion Jewellery Ltd shares are ticking down...

Anant Raj Ltd Completes Acquisition of Equity Shares in Subsidiary ACPL Anant Raj Ltd has completed the acquisition of equity shares in Ashok Cloud Private Limited (ACPL), which operates as a wholly owned subsidiary of the Company. The transaction was finalized on July 21, 2026.The company acquired 37,43,22,553 fully paid-up equity shares in ACPL. This acquisition amounted to Rs 74,86,45,106/- (Rupees Seventy-Four Crores Eighty-Six Lakhs Forty-Five Thousand One Hundred Six Only).The details of the completed investment are as follows:ParameterDetailCompany AcquiringAnant Raj LtdTarget EntityAshok Cloud Private Limited (ACPL)Shares Acquired37,43,22,553 fully paid-up equity sharesTransaction ValueRs 74,86,45,106/-...

Invesco Launches Nifty India Defence Index Fund, Offering Targeted Exposure to Strategic Defense Sector Invesco Asset Management has introduced the Invesco India Nifty India Defence Index Fund, a new passively managed product designed to replicate the performance of the Nifty India Defence Index. This launch provides investors with a focused opportunity to track the growth of the nation's defense sector through a professionally structured index fund.The Scheme is classified as an Index Fund and has been prepared in accordance with the Securities and Exchange Board of India (SEBI) MF Regulations, 2026. It aims to track the performance of stocks that broadly represent the Defense theme within the broader Nifty Total Market Index. This...

Pace Digitek Limited Establishes R&D Center in Pune, Collaborates with IISER to Advance Advanced Battery Technologies Pace Digitek Limited has announced that its subsidiary, Lineage Power Private Limited (LPPL), has established a dedicated Research and Development (R&D) center in Pune. The facility is designed to strengthen the company's research, engineering, and product development capabilities in advanced battery technologies and energy storage solutions.The Pace-Lineage Research Center aims to contribute to indigenous technology development within the energy sector. As part of this commitment, Lineage Power has initiated a research collaboration with the Indian Institute of Science Education and Research (IISER), Pune, focusing on...

AAVAS Financiers Grants Stock Options Through Performance and Equity Plans AAVAS Financiers Ltd has announced the approval of stock option grants under its various equity and performance stock option plans. The decision, made by the Nomination and Remuneration Committee of the Board of Directors on July 21, 2026, encompasses two distinct plans designed to motivate employees.The approved grants include options under the Performance Stock Option Plan- 2024 (PSOP - 2024) and the Equity Stock Option Plan- 2025 (ESOP - 2025).Plan NameNumber of Options GrantedPerformance Stock Option Plan- 2024 (PSOP - 2024)50,000Equity Stock Option Plan- 2025 (ESOP - 2025)4,22,080These plans cover a total of 4,72,080 stock options.Key...

Siyaram Recycling Industries Secures Order Worth Rs 2,34,03,750 from Dharma Metalex Siyaram Recycling Industries Ltd has secured a significant order from Dharma Metalex for Brass Scrap Honey, with the total contract value amounting to Rs 2,34,03,750. The agreement outlines the terms and conditions related to the supply of brass scrap material.The newly secured order places Siyaram Recycling Industries within the domestic market segment. The contract is specified as a fixed cost arrangement, and the company has been given a timeframe of Within 15 Days to execute the order.Details regarding this commercial transaction have been recorded:ParameterDetailsEntity Awarding OrderDharma MetalexNature of MaterialBrass Scrap Honey...

Cranex Ltd Secures Letters of Award Worth ₹16.03 Crores from BHEL and NHPC Cranex Limited has announced that it has received multiple Letters of Award (LOAs) from two major clients, Bharat Heavy Electricals Limited (BHEL) and NHPC Limited. These orders, which aggregate to approximately ₹16.03 Crores, are for the manufacturing and supply of various Electric Overhead Traveling (EOT) Cranes and related products.The secured business strengthens the Company's order book and reflects confidence from leading organizations in Cranex Ltd's capabilities and execution strength. The company stated that it will commence the execution of these orders according to the terms stipulated in their respective LOAs.Key Orders Received The contracts...

Invesco Launches Summit Active Asset Allocator Fund: Tapping Arbitrage and Long-Short Strategy for High Income Generation Invesco Mutual Fund has introduced the Summit Active Asset Allocator Long-Short Fund, a sophisticated Specialized Investment Fund (SIF) designed to generate income across diverse market opportunities. This new fund is built as an interval investment strategy, dynamically positioning itself across equity, debt, fixed income derivatives, InvITs, and commodity derivatives.The SIF’s primary objective is to actively seek arbitrage opportunities across multiple asset classes. It aims to optimize returns by combining active stock picking with strategic use of limited short exposure in permitted instruments through...

Nuvama Wealth Shares Surge 2.5% as CVC and EQT Initiate Talks for PAG's Massive Stake Asia-focused private equity firm PAG is reportedly engaging in discussions with global buyout firms CVC Capital Partners and EQT regarding the sale of its controlling stake in Nuvama Wealth Management. This development led to a sharp rally in the stock, with shares rising 2.5%.Nuvama’s wealth management arm has seen significant market interest following the news. PAG currently holds a substantial 53.98% stake in Nuvama through Asia Pragati Strategic Investment Fund and Pagac Ecstasy Pte Ltd. As of the latest figures, Nuvama boasts a market capitalization of nearly Rs 34,000 crore.The stake held by PAG is valued at over Rs 18,000 crore, representing...

Netflix Shares Tumble Over 10% as Slowing Growth and Viewership Data Spook Investors Netflix shares plunged more than 10% on Friday, reflecting investor fears that the streaming giant's industry-beating growth may have peaked. The stock is currently trading near a two-year low in early trading sessions. If the current declines hold, this single-day loss could wipe out $35 billion from Netflix’s approximate market value of $313 billion.Investor Concerns Over Declining Growth Trajectory The streaming behemoth's latest disclosure created immediate concern among investors. Netflix has scaled back its viewership data, reducing the frequency of its viewing-hours report to once a year starting in 2027. This move follows last year’s scrapping...

Eternal Poised for Massive Inflow as MSCI India Rejig Drives $2.3 Billion Passive Capital Interest The upcoming rebalancing of the MSCI India Standard Index is set to funnel billions into Indian equities, according to reports from Nuvama and JM Financial. The index rejig, which will be announced next month with changes taking effect from August 31 onwards, has generated significant focus among market participants.Nuvama Alternative & Quantitative Research has named several stocks as high-conviction inclusions due to expected weight increases in the MSCI India Standard Index. These movements are anticipated to significantly boost the passive inflow into the Indian market.Eternal Eyes Highest Inflow Amid Weight Increase Food delivery...

Crompton Greaves Consumer Electricals Limited Announces Key Appointments in Senior Management Personnel Crompton Greaves Consumer Electricals Limited has announced two significant appointments within its senior management structure, effective July 21, 2026. The Board of Directors approved the appointment of Mr. Anuj Lall as Head Integrated Supply Chain and Ms. Yesha Gandani as Compliance Officer.The company designated these roles as Senior Management Personnel, strengthening its operational and regulatory capabilities.Appointment of Anuj Lall as Head Integrated Supply Chain Mr. Anuj Lall has been appointed as the Head Integrated Supply Chain at Crompton Greaves Consumer Electricals Limited, effective July 21, 2026.Mr. Lall brings...

Invesco Launches India Nifty Metal Index Fund: Passive Bet on Metals Sector Hits Market Invesco Asset Management has launched a new dedicated product, the Invesco India Nifty Metal Index Fund. This open-ended scheme is engineered for investors seeking capital appreciation through passive investments in the metals sector. The fund’s strategy centers entirely on replicating the composition of the Nifty Metal Index, offering a direct and diversified exposure to key metal commodities within the Indian market.The scheme has been assigned a Moderate risk profile by the AMC, targeting those who seek long-term growth via passive equity investments. This launch underscores the growing interest in specialized commodity-linked funds designed for...