Markets

Mahendra Realtors & Infrastructure Limited Appoints Finportal Investments as Investor Relations Agency Mahendra Realtors & Infrastructure Limited has appointed Finportal Investments Private Limited to serve as its Investor Relations (IR) Agency. The appointment is effective from July 15, 2026.The agency will be responsible for providing Investor Relations Advisory Services to the company. To streamline communication with stakeholders and investors, the company has established a dedicated email address for all investor related queries, concerns, or requests. All future interactions regarding these matters will be directed through this specific communication channel.The details of this appointment are also available on the official...

TCS Launches Gemini Experience Center in Kolkata to Accelerate Agentic AI Adoption Tata Consultancy Services (TCS) has launched the Consumer Business Group (CBG) Gemini Experience Center (GEC) in Kolkata, India. Developed in collaboration with Google Cloud, the facility is designed to showcase AI-led innovations tailored for consumer business needs using Google Cloud and Google's Gemini models.The launch of the CBG GEC marks the third Gemini Experience Center in India for TCS. The company currently operates two other centers: the Retail GEC at the Chennai Retail Innovation Lab and the BFSI GEC at the Bengaluru BFSI Innovation Lab. This new facility in Kolkata represents the eighth Gemini Experience Center worldwide.TCS has set a...

Garden Reach Shipbuilders & Engineers Ltd Announces Board Meeting to Review Quarterly Results Garden Reach Shipbuilders & Engineers Ltd has scheduled a meeting of its Board of Directors to be held on July 29, 2026. The primary objective of the session is to consider and approve the unaudited financial results for the quarter ended June 30, 2026.The company has confirmed that the trading window for dealings in its securities remains closed from July 1, 2026, until July 31, 2026. This period covers the timeframe leading up to and following the declaration of the quarterly financial results.Key dates regarding the Board meeting and reporting period are outlined in the table below:Event CategoryDate or PeriodQuarter EndedJune 30...

Millworks Technologies SME IPO Explodes with 78x Subscription as Grey Market Premium Soars Massive Investor Interest Drives High Subscription Rates for Millworks Technologies The public issue of Millworks Technologies has witnessed a surge in interest during the final bidding period. As of 11:15 am on July 16, data from the BSE reveals that the SME issue is subscribed nearly 78 times.Retail investors have demonstrated significant enthusiasm by booking their portion at a staggering 114.31 times. Meanwhile, the non-institutional investor (NII) category has contributed strongly with an subscription of 78.08 times.The company received bids for 27,29,50,800 shares against the 35,18,800 shares offered. This overwhelming response...

Prestige Estates Reports Strong FY27 Start with Robust Residential Sales and Retail Growth Prestige Estates Projects Limited (Prestige) has reported a strong start to the first quarter of fiscal year 2027, showcasing healthy performance across its diversified business verticals including residential, commercial, retail, hospitality, and property management. The company's operational results for the period ended June 30, 2026, reflect the strength of its multi-market presence and consistent delivery across various market cycles.Residential Performance HighlightsThe residential segment recorded pre-sales of ₹ 65,793 million during the first quarter of FY27. This includes a sales volume of 6.04 million square feet with a total of 3,337...

IEA Warns of $6.5 Trillion Global Risk as China Tightens Rare Earth Export Controls The International Energy Agency (IEA) has issued a stark warning regarding the massive economic implications of China's export curbs on rare earth minerals. The agency reports that these restrictions could jeopardize an estimated $6.5 trillion in downstream production outside of China every year if fully implemented.Evaluating the Economic Impact of Mineral Supply Concentration The IEA report highlights how the concentration of supply chains for critical minerals has turned significant risks into a tangible reality. Export curbs from nations including China, the Democratic Republic of Congo, and Zimbabwe have exposed severe vulnerabilities in global...

Anand Rathi Wealth Subsidiary Receives In-principle Approval for Fund Management Registration at GIFT City Anand Rathi Wealth Limited announced that its wholly owned subsidiary, ANAND RATHI FME (IFSC) PRIVATE LIMITED, has received in-principle approval from the International Financial Services Centres Authority (IFSCA). The approval is for registration as a Fund Management Entity (Non-retail) at the International Financial Services Centre (IFSC) in GIFT City, Gujarat.The subsidiary will now proceed with the necessary steps to fulfill the regulatory, operational, and capital requirements prescribed by the IFSCA. These actions are required to obtain the final certificate of registration and initiate business activities.Operations will...

PropShare Investment Trust Announces Distribution for PS Platina Scheme The Board of Directors of PropShare Investment Manager Private Limited, acting as the investment manager for Property Share Investment Trust, has announced a distribution to unitholders of the PS Platina scheme. The decision was made during a board meeting held on July 13, 2026, following the quarter ended June 30, 2026.The distribution applies to PS Platina, which is the first scheme of the Property Share Investment Trust. Management has established a specific timeline for the record date and subsequent payment processing for unitholders.DetailInformationPerformance PeriodQuarter ended June 30, 2026Record DateJuly 16, 2026Payment DeadlineOn or before...

Alpine Texworld IPO Surges to Full Subscription on Final Day as Grey Market Premium Signals Listing Gains Alpine Texworld Limited has witnessed a significant surge in investor appetite, achieving 100 percent subscription by 11:00 am on July 16. The mainboard issue, which opened on July 14, successfully captured substantial interest during its final day of bidding.Data from the National Stock Exchange reveals that the company received bids for 1,18,94,204 shares against the 1,20,24,000 shares currently on offer. This robust demand highlights a strong market conviction in the textile firm's growth trajectory.Institutional and Retail Demand Drives Subscription Levels The subscription success was largely propelled by Qualified...

Desco Infratech Limited Receives Electrical Contractor's Licence for Gujarat Operations Desco Infratech Limited has secured an Electrical Contractor's Licence from the Government of Gujarat, Energy and Petrochemicals Department. This license permits the company to execute electrical installation works across the State of Gujarat, subject to applicable laws and regulations.The license is valid for a period of five years from its issuance date. It serves as a foundational authorization for Desco Infratech Limited to engage in and manage various electrical installation projects within the region.The company indicated that this development strengthens its operational capacity in the electrical infrastructure segment. By obtaining this...

Indian Railways Breaks Ground with Country's First Hydrogen Fuel Cell Train, Spearheading Net-Zero Mobility Indian Railways has officially entered a new era of sustainable transportation with the unveiling of India's first Hydrogen Fuel Cell Trainset. This milestone represents a significant pivot from coal and steam toward clean energy, marking a major leap in the nation's rail mobility evolution.The train generates its own electricity onboard using hydrogen, which is recognized as one of the cleanest fuels available today. By utilizing this technology, the railway achieves near-zero emissions at the point of use, establishing a benchmark for greener transportation.While India has already achieved over 99% electrification of Broad...

Siyaram Recycling Industries Ltd Secures Order Worth Rs. 2,89,76,080 from Saanvi Metal Craft Siyaram Recycling Industries Ltd has secured a noteworthy business order from Saanvi Metal Craft for Brass Scrap Honey. The total value of the contract is valued at Rs. 2,89,76,080.The agreement is categorized as a domestic transaction with a fixed cost nature. Siyaram Recycling Industries Ltd is expected to complete the execution of this order within a period of 07 days.Key details regarding the contractual terms are summarized in the table below:CategoryDetailsOrdering EntitySaanvi Metal CraftItem DescriptionBrass Scrap HoneyContract ValueRs. 2,89,76,080Order NatureFixed costExecution TimelineWithin 07 DaysThe...

Equippp Social Impact Technologies Limited Signs MoU with Telangana State Legislature Secretariat for Constituency Development Initiative Equippp Social Impact Technologies Limited has entered into a Memorandum of Understanding (MoU) with the Telangana State Legislature Secretariat to establish, operate, and transfer 119 Constituency Development and Sustainability Bridge Foundations. These entities will be established as independent non-profit section 8 companies, with one dedicated to each Assembly Constituency in Telangana.The initiative is designed to foster cross sector collaboration by serving as a bridge between Members of the Legislative Assembly (MLAs), government departments, technology partners, social impact investors...

Acme Solar Secures Massive Rs 2,646-Crore Funding From REC For High-Capacity FDRE Project ACME Solar Secures Major Financing for Firm and Dispatchable Renewable Energy Project ACME Solar announced on Thursday that it has successfully secured long-term project funding totaling Rs 2,646 crore from state-owned REC Ltd. The company confirmed the funding in an official exchange filing to support its latest renewable energy initiatives.The capital will be deployed for the development and construction of a 450MW/1800MWh Firm and Dispatchable Renewable Energy (FDRE) project. This specific project, known as the ACME Greentech Seventh Assured Peak Power Project, is designed to provide reliable power dispatch during periods of peak demand.The...

India's Rural Credit Landscape Surges as Institutional Reforms and Digital Innovation Drive Inclusive Growth India’s rural credit ecosystem is undergoing a profound transformation, evolving from a fragmented informal lending model into a diversified, institutionalized framework. This systemic shift serves as the backbone for agricultural growth, allied activities, and rural household consumption.The infrastructure now supports short-term, medium-term, and long-term credit requirements for both production and domestic needs. By fostering income generation and asset creation, this system has become a primary driver of rural development and household resilience across the country.Recent data from NABARD's Rural Economic Conditions and...

RateGain Travel Technologies Partners with Citrus Leisure to Power Direct Booking Journey in Sri Lanka RateGain Travel Technologies Limited has announced a strategic partnership with Citrus Leisure PLC, one of the leading publicly listed hospitality groups in Sri Lanka. The collaboration aims to strengthen direct bookings across the hotel portfolio of Citrus Leisure using the UNO Direct Stack technology.Through the UNO Direct Stack, Citrus Leisure will integrate guest acquisition, digital marketing, website management, booking conversion, distribution, and pricing intelligence into a single growth platform. This comprehensive approach is designed to help the group grow direct revenue, improve conversion rates, and reduce its...

Groww Shares Snap Two-Day Rally as Q1 Profits Soar 94% Amid Bullish Brokerage Upgrades Shares of Billionbrains Garage Ventures, the parent company of Groww, experienced a pullback on Thursday after an initial period of significant appreciation. The stock fell nearly 2% to reach Rs 212 at 10:55 am, marking a decline of Rs 4.33 from previous levels.This correction follows a two-day winning streak where the stock had gained approximately 9%. Despite this recent dip, market sentiment remains largely positive following the company's latest financial disclosures.Robust Q1 FY27 Financial Performance Groww reported a massive surge in its consolidated net profit for the first quarter of FY27. The company posted a net profit of Rs 735 crore...

HSBC Upgrades Indian Equities to Neutral as Easing Oil Prices and Foreign Flows Ignite Bullish Outlook HSBC has officially upgraded its outlook on Indian equities from "Underweight" to "Neutral," citing a significant cooling in crude oil prices and a resurgence in foreign investment flows.The brokerage noted that the recent easing of the oil shock has reduced pressure on corporate margins, thereby lowering the risk of significant earnings downgrades for companies.This shift comes as India, the world's third-largest crude importer, finds relief from volatile energy costs following an interim U.S.-Iran agreement to end Middle East tensions. Brent crude futures have plummeted 33% from their April peak of $126.41 in response to this...

DCB Bank Scheduled to Review Unaudited Financial Results for Quarter Ending June 30, 2026 DCB Bank Limited has scheduled a Board of Directors meeting to take place on July 24, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results of the bank for the quarter ended June 30, 2026.The board meeting will serve as the formal forum for reviewing the bank's financial performance during the recent period. The proceedings are set to focus on the results pertaining to the quarter ending June 30, 2026.Event DetailsInformationEntity NameDCB Bank LimitedScheduled Meeting DateJuly 24, 2026Primary AgendaUnaudited Financial Results for the quarter ended June 30, 2026DCBBANK Stock Price...

Mandrake Bio Secures ₹16 Crore Pre-Seed Funding to Revolutionize AI-Driven Gene Editing Bengaluru-based biotech startup Mandrake Bio has successfully raised ₹16 crore in a pre-seed funding round. The investment was co-led by Activate and Antler as the firm seeks to develop a new generation of AI-designed gene-editing enzymes for both agriculture and therapeutics.The funding round saw significant participation from Spectrum Impact and DeVC. Notable angel investors including Vijay Chandru, Paras Chopra, Sanjiv Rangrass, and Vatsal Dusad also participated in the round to support the startup's technological ambitions.Technological Breakthrough in Synthetic Protein Design Founded by Tanay Lohia and Dr Kutubuddin Molla, Mandrake Bio is...