Markets

Dachepalli Publishers Limited Reports 159% YoY Revenue Growth in Q1 FY27 Dachepalli Publishers Limited, a prominent Indian K-12 educational publishing and integrated academic solutions provider, has reported a significant surge in financial performance for the first quarter of FY27. The company attributed this growth to robust demand for curriculum-aligned content, technological integration within its academic supply chain, and an expanding distribution network across India.Financial Performance Overview The company recorded a substantial increase in revenue during the first quarter of the current fiscal year compared to the same period in the previous fiscal year. This performance highlights the increasing adoption of the company's...

Dhansa Labs Limited Updates Official Website Following Name Change Dhansa Labs Limited has officially updated its corporate website to reflect the company's rebranding from Ambey Laboratories Limited. The transition follows a previous approval process to update the company name in official records.The change was implemented with immediate effect, transitioning the digital presence from the former URL to the new domain associated with the rebranded identity. The company now directs all inquiries and information to its new web address.Previous WebsiteNew Websitehttps://ambeylab.com/https://dhansalabs.com/The rebranding effort aligns with the transition from Ambey Laboratories Limited to Dhansa Labs Limited. The company has...

RBI Reports Surge in M3 Money Stock as Liquidity Operations Hit High Absorption Levels The Reserve Bank of India (RBI) has released its latest Bulletin Weekly Statistical Supplement, providing a comprehensive snapshot of the nation's monetary landscape as of July 2026. The data reveals significant shifts in money stock components and active liquidity management by the central bank.Significant Expansion in M3 Money Stock The report highlights a notable increase in the M3 money stock, which stood at ₹31,887,695 crore as of June 30, 2026. This represents a steady climb from the March 31, 2026 level of ₹31,453,126 crore.The growth is driven largely by robust increases in various deposit types. Notably, currency with the public rose to...

TD Power Systems Limited Releases Business Responsibility and Sustainability Report for FY 2025-26 TD Power Systems Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a comprehensive overview of the company’s operational footprint, including its manufacturing activities, employee demographics, and environmental initiatives.Operational Overview and Market Reach The company primarily operates in the manufacturing sector, with 97% of its turnover derived from the manufacturing of generators. Its primary product offering includes AC Generators and their associated spares and components (NIC Code 27101).TD Power Systems Limited maintains a significant...

Laxmi Organic Industries Ltd to Review Quarterly Financial Results in Upcoming Board Meeting Laxmi Organic Industries Ltd has announced that its Board of Directors will convene on July 29, 2026, to deliberate on the company's financial performance. The primary agenda for this meeting includes the consideration and approval of the unaudited financial results for the quarter concluded on June 30, 2026.The scheduled board meeting serves as a key milestone for the company to present its operational and financial standing for the second quarter of the fiscal year. The review will provide insights into the company's performance during the period ending June 30, 2026.Event DetailInformationCompany NameLaxmi Organic Industries Ltd...

Shree Rajiv Lochan Oil Extraction Ltd Reports Financial Results and Appoints New Auditors Shree Rajiv Lochan Oil Extraction Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026. The company also announced the appointment of new secretarial and internal auditors during a Board of Directors meeting held on May 29, 2026.Financial Performance Overview The company reported an Other Income of Rs. 2.62 Lacs for the three months ended March 31, 2026, compared to Rs. 7.49 Lacs in the preceding quarter. For the year ended March 31, 2026, the total income stood at Rs. 25.83 Lacs, while the corresponding period in the previous year recorded Rs. 35.36 Lacs.The company incurred total expenses...

MakeMyTrip Files for Landmark IPO via Confidential Route as Travel Giant Eyes Listing Expansion The Indian travel powerhouse MakeMyTrip has officially initiated its journey toward a public listing in India. The NASDAQ-listed platform confirmed on Friday that it has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi).This move marks a significant milestone for the Gurugram-headquartered firm as it seeks to list its Indian subsidiary, MakeMyTrip (India) Ltd (MMT India), on the main boards of both the BSE and the NSE.The filing was submitted through a confidential route, a strategic step that allows the company to manage market perceptions while preparing for its debut on the domestic...

Vellora Impact Limited to Review Quarterly Financial Results in Upcoming Board Meeting Vellora Impact Limited, formerly known as Pratiksha Chemicals Limited, has scheduled a meeting of its Board of Directors to review and approve the company's unaudited financial results for the quarter ended June 30, 2026.The board meeting is set to take place on Wednesday, July 22, 2026. The primary agenda for this session includes the consideration and approval of the quarterly performance metrics as the company prepares to release its financial updates for the period ending in June.In conjunction with the upcoming announcement, the trading window for dealing in the securities of the company remains closed for all Designated Persons. This...

HFCL Limited to Convene Board Meeting for First Quarter Financial Results HFCL Limited has announced that its Board of Directors will meet on July 22, 2026, to review and approve the company's financial performance for the first quarter of the fiscal year 2026-27.The meeting is scheduled to deliberate on the un-audited financial results for the period ended June 30, 2026. The Board will evaluate these results on both a standalone and consolidated basis. This review constitutes a key milestone in the company's reporting cycle for the current financial year.Regarding internal trading protocols, the company confirmed that the trading window for dealing in HFCL securities remains closed for all designated persons, including their...

Federal Bank Board Approves Fund Raising Up to Rs 10,000 Crores and Re-appointment of Independent Director Federal Bank Ltd has announced key decisions following its adjourned Board meeting held on July 17, 2026. The bank's leadership has approved a significant framework for raising funds and outlined the schedule for its upcoming Annual General Meeting (AGM).Fund Raising and Debt Instruments The Board has approved the borrowing or raising of funds in Indian currency or other permitted foreign currencies through the issuance of debt instruments. This includes, but is not limited to, Additional Tier I (AT1) bonds, Tier II bonds, long term bonds for infrastructure and affordable housing, Masala Bonds, Green Bonds, and non-convertible...

RBI Slashes Muthoot Finance with Monetary Penalty Over KYC Compliance Lapses The Reserve Bank of India (RBI) has officially imposed a monetary penalty on Muthoot Finance Limited following a statutory inspection that revealed significant regulatory lapses. The enforcement action highlights the central bank's intensifying scrutiny over non-compliance with mandatory Know Your Customer (KYC) guidelines.The regulator issued the order on July 10, 2026, citing specific violations of the 'Reserve Bank of India Know Your Customer (KYC) Directions'. This penalty was levied under the powers conferred by section 58G(1)(b) read with section 58B(5)(aa) of the Reserve Bank of India Act, 1934.Regulatory Enforcement and Statutory Inspection Findings...

Asian Tea & Exports Ltd Receives Closure of Investigation Report from West Bengal Authorities Asian Tea & Exports Limited has received a report from the Deputy Commissioner of State Tax, Bureau of Investigation (South Bengal), H.Q., Government of West Bengal, confirming the closure of the investigation process following an inspection initiated under the West Bengal Goods and Service Tax Act, 2017.The inspection was originally initiated on November 21, 2025, at the registered office and place of business of the company under section 67(1) of the West Bengal Goods and Service Tax Act, 2017, read with rule 139(1) of the West Bengal Goods and Service Tax Rules, 2017. The company received the formal closure report on July 17, 2026...

Niva Bupa Health Insurance Reports Business Responsibility and Sustainability Performance for FY 2025-26 Niva Bupa Health Insurance Company Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report details the company's commitments to responsible business conduct, emphasizing a strategy built on sound governance, customer-centricity, people-focused practices, and environmentally responsible operations.Operational Overview and Scale Niva Bupa operates exclusively in the non-life insurance sector, specifically providing health, personal accident, travel, and corporate insurance services. The company maintains a significant national presence with 210 offices...

Tata Technologies Profit Surges to ₹180 Crore as Strategic Partnerships and AI Initiatives Fuel Growth Global product engineering and digital services leader Tata Technologies Ltd has reported a steady growth trajectory for the June quarter. The company announced a 6.2 per cent rise in consolidated profit after tax, reaching Rs 180.75 crore during the period.This performance marks a notable increase from the Rs 170.28 crore reported in the corresponding quarter of the previous fiscal year. The growth highlights the company's ability to navigate operational complexities while maintaining profitability.Robust Revenue Expansion and Expense Dynamics The financial results underscore a significant jump in scale for the firm. Consolidated...

MakeMyTrip Set to Launch Massive Billion-Dollar India IPO via Confidential Filing Route MakeMyTrip Limited has officially confirmed its intention to list its Indian subsidiary on the domestic stock exchanges. The travel tech giant filed a pre-filed draft red herring prospectus with SEBI, BSE, and NSE on July 17 through a confidential filing route.The listing will occur on the main board of the stock exchanges for MakeMyTrip (India) Limited. While the company has not yet disclosed the specific size of the issue, market reports suggest the mega offering is expected to exceed $1 billion.Strategic Partnership and Advisory Framework Internal reports indicate that the proposed initial public offering is likely to consist of an offer for...

Xtranet Technologies Set to Launch Rs 170-Crore Mainboard IPO Next Week Madhya Pradesh-based IT solutions provider Xtranet Technologies is preparing to debut on the public markets with its upcoming initial public offering (IPO). The company will launch its mainboard listing next week, marking a significant milestone for the technology services firm.The total issue size is slated at Rs 170 crore and consists entirely of a fresh issue. Notably, there is no offer-for-sale (OFS) component included in this offering, indicating that all proceeds will go directly into the company's capital base.IPO Timeline and Subscription Details The public subscription window is scheduled to open on July 23 and will remain open until July 27...

RBI Slaps Dhani Loans and Services Limited with Monetary Penalty Over NPA Classification Lapses The Reserve Bank of India (RBI) has officially imposed a monetary penalty on Dhani Loans and Services Limited following a regulatory audit. The enforcement action stems from the company's failure to adhere to specific mandates regarding asset classification protocols.The RBI issued the penalty notice on July 15, 2026, after identifying significant discrepancies in how the firm managed its loan portfolio. This move highlights the central bank’s ongoing commitment to maintaining stringent oversight over non-banking financial entities.Regulatory Breach in Asset Classification The statutory inspection was initiated by the RBI to evaluate the...

Jaykay Enterprises Ltd Defers Rights Issue Decisions Pending Stock Exchange Approvals Jaykay Enterprises Limited has announced that its Rights Issue Committee has deferred the consideration of key parameters regarding the proposed issuance of Partly Paid-up Equity Shares. The decision follows a scheduled meeting on July 17, 2026, which was intended to finalize several core components of the rights issue.The committee was originally slated to determine the specific Issue Price, the Entitlement Ratio, and other operational modalities for the rights issue. These matters were to be addressed following the Board of Directors' approval granted during their meeting on July 13, 2026.However, the company has stated that it has not yet...

RailTel Corporation of India Ltd Reports New Arbitration Litigation with 3i Infotech Limited RailTel Corporation of India Limited has reported a new legal dispute involving an arbitration tribunal regarding a Wi-Fi Monetization Project. The litigation involves M/s 3i Infotech Limited as the claimant and RailTel Corporation of India Limited as the respondent.The dispute pertains to the competitive bidding process of RailTel's Wi-Fi Monetisation Project. According to the company, RailTel terminated the contract in accordance with the terms and conditions specified in the tender. Following this termination, M/s 3i Infotech Limited initiated arbitration proceedings against the company.The financial details regarding the claims and...

STL Launches Advanced FTTH Solution CONCAT to Expand Optical Connectivity Portfolio in the US STL Optical Connectivity NA, LLC (STLOC), a US subsidiary of Sterlite Technologies Ltd (STL), has launched its new advanced Fiber-to-the-Home (FTTH) solution, CONCAT. The product launch follows successful field trials conducted on the networks of one of the largest telecom service providers in the United States.The CONCAT solution is designed for digital infrastructure providers who require faster fiber rollouts with reduced deployment complexity and labor requirements. According to the company, the solution enables up to 71% in labor cost savings by eliminating the majority of field splicing. This is achieved through factory-assembled...