Markets

Indus Towers Schedules Board Meeting to Approve Q1 Financial Results Indus Towers Limited has announced that its Board of Directors will convene on July 27, 2026, to deliberate on and approve the audited financial results for the first quarter ended June 30, 2026.The board meeting will focus on the review of both standalone and consolidated financial statements for the period. This scheduled approval is a key step in the company's reporting process following the conclusion of the first fiscal quarter.Additionally, the trading window for dealing in shares of Indus Towers Limited remains closed for all designated persons until July 29, 2026.INDUSTOWER Stock Price Movement Indus Towers Limited shares are climbing to ₹412.70 as of...

Shriram AMC Announces Refreshed Investment Strategy for Hybrid Funds Shriram Asset Management Company Limited (Shriram AMC) has introduced a Refreshed Fund Opportunity (RFO) for its hybrid fund suite, featuring a new investment strategy and framework designed to provide a more disciplined, research-driven approach. The initiative covers the Shriram Multi Asset Allocation Fund, the Shriram Aggressive Hybrid Fund, and the Shriram Balanced Advantage Fund.The refreshed framework is built on an asset allocation model that combines equity, debt, and exposure to precious metals such as gold and silver. This strategy allows for dynamic management across various market conditions with the objective of helping investors participate in long-term...

Ministry of Power Unveils Draft CAFE-III Norms to Shape India's Automotive Landscape The Ministry of Power has officially circulated the Draft Corporate Average Fuel Economy 2027 Norms, referred to as CAFE-III. This regulatory move marks a significant step toward standardizing fuel efficiency for passenger vehicles in India.The announcement comes as the government seeks to establish clear parameters for the M1 category vehicle segment. The new standards aim to provide a structured framework for manufacturers and importers operating within the country.Scope of CAFE-III Regulatory Framework The proposed norms are specifically designed for M1 category passenger vehicles. This includes all models manufactured or imported for sale in...

MBL Infrastructure to Review Quarterly Financial Results in Upcoming Board Meeting MBL Infrastructure Ltd has scheduled a meeting of its Board of Directors on July 23, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The board will review both standalone and consolidated financial performance during this session.The upcoming board meeting serves as the primary vehicle for the company to formalize its financial standing for the period ending in June.The following table outlines the key dates associated with the company's upcoming financial reporting:Event DescriptionRelevant DateQuarter End DateJune 30, 2026Board Meeting DateJuly 23, 2026Trading Window Closure StartApril...

Suryaamba Spinning Mills Limited Announces 19th Annual General Meeting and Record Dates Suryaamba Spinning Mills Limited has scheduled its 19th Annual General Meeting (AGM) to be held on Saturday, August 08, 2026. The proceedings will commence at 01:00 P.M. (IST) and will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM).The company has established a period during which the Register of Members and Share Transfer Books will remain closed to facilitate the transaction of business as detailed in the meeting notice. This closure is necessary for the Annual General Meeting and the payment of dividends, which remains subject to shareholder approval.To determine eligibility for those entitled to vote electronically...

Breakout Update: Cost Inflation Index Surges to 384 for FY 2026-27 as CBDT Adjusts Capital Gains Rules The Income Tax Department has officially announced the updated Cost Inflation Index (CII) for the upcoming fiscal year. This move directly impacts how taxpayers will calculate long-term capital gains on high-value assets including immovable property, securities, and jewellery.The Central Board of Direct Taxes (CBDT) issued a notification confirming that the CII for FY 2026-27 is set at 384. This marks an increase from the index of 376 recorded during fiscal year 2025-26.Understanding the Impact on Long-Term Capital Gains The Cost Inflation Index serves as a vital mechanism under the Income-tax Act, 1961. It is used by taxpayers to...

Jana Small Finance Bank Awaits Crucial RBI Nod for TVS Group Investment Amid Regulatory Hurdles Jana Small Finance Bank is currently awaiting approval from the Reserve Bank of India (RBI) to facilitate a significant capital infusion from the TVS Group. Managing Director and Chief Executive Officer Ajay Kanwal confirmed that while the investment is planned, the specific timeline for the funds remains unclear at this stage.The lender has already secured capital from a non-TVS group investor as part of its broader capital raise efforts. However, the specific fees associated with the TVS Group involvement will only be realized once regulatory clearance is obtained.In May, the TVS Group reached an agreement to acquire up to a 9.99...

Panama Petrochem Limited Schedules 44th Annual General Meeting and Sets Record Date for Dividends Panama Petrochem Limited has announced that it will conduct its 44th Annual General Meeting (AGM) on Monday, August 24, 2026. The meeting is scheduled to commence at 11:30 A.M. IST and will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM).The company has established Monday, August 17, 2026, as the Record Date for determining member eligibility to receive dividends for the financial year ended March 31, 2026.EventDateDetailsAnnual General MeetingAugust 24, 202611:30 A.M. IST via VC/OAVMRecord DateAugust 17, 2026Determination of dividend entitlement for FY ended March 31, 2026PANAMAPET Stock Price...

D.B.Corp Limited Announces Interim Dividend and Quarterly Financial Results D.B.Corp Limited has approved its unaudited financial results for the quarter ended June 30, 2026, following a Board of Directors meeting held on July 16, 2026. The company also declared an interim dividend for the financial year 2026-27.The Board reviewed and approved the standalone and consolidated financial results for the period ending June 30, 2026. Along with these financial updates, the company announced an interim dividend of Rs. 5 per equity share (Face Value of Rs. 10 each), which represents 50 percent of the face value. The payment of this dividend is subject to tax deducted at source.Dividend Timeline and Record Date To determine shareholder...

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...