Markets

Citigroup Shares Plunge as CEO Warns Cost-Cutting Measures Accelerate Job Reduction Citigroup Inc.'s stock saw a noticeable dip after executives signaled plans to accelerate technology investments, which are expected to lead to further reductions in headcount during the second half of the year. The news caused shares to fall 4.3%, trading at $134.66 by 12:21 p.m., wiping out earlier gains registered Tuesday.Focus on Efficiency and Future Headcount Reduction The bank confirmed that these planned operational shifts, while aimed at streamlining processes, will involve continued personnel changes. During a recent conference call with analysts, Chief Financial Officer Gonzalo Luchetti detailed the financial impact of these decisions.Mr...

Belrise Industries Ltd launches QIP for equity shares with floor price set at ₹230.79 per share Belrise Industries Ltd has commenced a Qualified Institutions Placement (QIP) of its equity shares. The move follows necessary internal approvals and sets the stage for an offering to institutional investors.The company's QIP Committee approved the launch of the Issue on July 14, 2026, after prior authorization by the Board of Directors during a meeting held on May 24, 2026. Furthermore, the placement received shareholder approval via a special resolution passed through postal ballot on June 30, 2026.The QIP details approved by the committee include the floor price for the equity shares and the preliminary placement document.Key...

Anthem Biosciences Limited Board Meeting Scheduled to Approve Q1 Financial Results Anthem Biosciences Limited, formerly known as Anthem Biosciences Private Limited, has announced a board meeting scheduled to review and approve its financial performance for the quarter ended June 30, 2026.The Board of Directors is slated to meet on Tuesday, July 21, 2026, with the primary agenda item being the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the period.In addition to the board meeting announcement, the company also provided details regarding trading restrictions concerning its equity shares. The trading window has been closed from July 01, 2026, through close of trading hours on July 23...

HFCL Ltd Gains Approval for Shifting of Registered Office to Haryana HFCL Ltd has received approval from the Hon'ble Regional Director, Northern Region-II, Chandigarh, regarding the shifting of its Registered Office. The order, dated July 07, 2026 (Order number AC2447000/13(4)/RD,CHD/2026/506), formalizes the change in location for the company.The move involves transferring the registered office from its current address at 8, Electronics Complex, Chambaghat, Solan - 173213, Himachal Pradesh, to a new location in Haryana. The designated new address is Plot no. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana.The company received the certified true copy of the approval order on July 14, 2026, at 12:10 P.M. (IST). This move...

REC Incorporates Kesurdi Power Transmission Limited for Major Transmission Project REC Limited has completed the incorporation of a new entity, Kesurdi Power Transmission Limited (KPTL), marking a strategic move in the power sector. KPTL has been incorporated as a Wholly Owned Subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which is itself a subsidiary of REC Limited under the Companies Act, 2013.The incorporation was finalized on July 14, 2026. Kesurdi Power Transmission Limited has been established for the specific purpose of establishing the 220 kV GIS Kesurdi project in Satara district, Maharashtra. This project was allocated by the Government of Maharashtra.REC Power Development and Consultancy Limited...

eClerx Appoints Hoshi Mistry as Principal - Customer Experience in Senior Management eClerx Services Limited has appointed Mr. Hoshi Mistry as the Principal - Customer Experience, announcing him as part of the Company's senior management team. The appointment of Mr. Mistry is effective from July 10, 2026.Mr. Mistry's profile reflects a long history with eClerx and extensive experience in operational excellence across various sectors. He previously served as the Chief Operating Officer at GeBBS Healthcare Solutions, where he focused on Revenue Cycle Management operations for multiple healthcare providers and insurance payers throughout the United States. His tenure at GeBBS involved driving operational excellence by streamlining...

EIH Ltd Releases Business Responsibility Report Highlighting ESG Commitments, Operational Scale for FY 2025-26 EIH Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report details the company's operations across a portfolio of properties, focusing extensively on environmental stewardship, human resource development, and commitments to sustainable hospitality practices.The reporting conducted by EIH on a standalone basis covers information pertaining to 13 Hotels & Restaurants, 7 Business Units, and 4 Offices. These facilities include establishments such as The Oberoi Udaivilas, Trident Bandra Kurla, and The Oberoi Grand Kolkata.Operational and Financial Overview For...

Keystone Realtors’ Credit Rating Reinforced by CRISIL Ratings on Bank Facilities and NCDs Keystone Realtors Ltd has received ratings from CRISIL Ratings concerning its debt instruments. The rating agency assigned a specific rating to the company's total bank loan facilities while simultaneously reaffirming the rating for its Non-convertible Debentures (NCDs).CRISIL Ratings designated the credit rating for Keystone Realtors’ Total Bank Loan Facilities as 'Crisil AA-/Stable'. This assessment covers various debt instruments and banking relationships held by the company.The ratings received from CRISIL Rates provide a detailed overview of the status of the company's bank facilities:Total Bank Loan Facilities RatedAmount (Rs. in...

Laxmi Organic Industries Announces 37th Annual General Meeting for FY 2025-26Laxmi Organic Industries Limited has announced the date and details of its 37th Annual General Meeting (AGM) for its members. The AGM is scheduled to be held on Wednesday, August 5, 2026.The company has stated that the meeting will be conducted via Video Conference (VC) or Other Audio Visual Means (OAVM).The 37th AGM concerns the Annual Report for the Financial Year 2025-26. Complete details of the Annual Report are available on the official company website, www.laxmi.com, at the specified path: https://www.laxmi.com/investors/annual-report.LXCHEM Stock Price Movement On Tuesday, shares of Laxmi Organic Industries Limited edged higher, closing at...

Aditya Birla Money Ltd. posts Q2 results with revenue at 13,077.22 and profit after tax for the period at 1,112.74 Aditya Birla Money Ltd. announced its unaudited financial results for the quarter ended June 30, 2026, following approval by the Board of Directors held on July 14, 2026. The company reported a Total Income of 13,145.75 and Total Comprehensive Income (TCI) at 1,308.36 for the period.The results reflect performance across various segments, including Broking and Wholesale debt market, with key metrics detailing operational efficiency and financial health.Key Financial Highlights (Q Ended June 30, 2026) Details from the Statement of Unaudited Financial Results for the Quarter ended June 30, 2026 are presented below...

Lemon Tree Hotels Limited and Partners Mutually Terminate Agreements for Kanha Wildlife Resort<p>Lemon Tree Hotels Limited has announced the mutual termination of key agreements concerning the hotel operation at Lemon Tree Wildlife Resorts, Kanha.</p><p>The termination involves the Hotel Operating Agreement dated October 07, 2022, and the Amendment Agreement from July 17, 2024. These agreements were executed among M/s. Rohit Dyechem Private Limited (Owner) and M/s. Carnation Hotels Private Limited (Operator).</p><p>The License Agreement and its corresponding Amendment Agreement, also dated October 07, 2022 and July 17, 2024 respectively, which involved the company, the Operator, and the Owner, pertain to the hotel operating under the...

Raymond Lifestyle Appoints Mr. Satyaki Ghosh as Whole Time Director and CEO Raymond Lifestyle Ltd has confirmed the appointment of Mr. Satyaki Ghosh as a Whole Time Director designated Chief Executive Officer (CEO) of the company. The appointment was ratified by the shareholders at the Annual General Meeting held on July 14, 2026.The role of Mr. Ghosh is effective for a period of five years, commencing from May 06, 2026, and extending until May 05, 2031.Mr. Ghosh brings extensive experience in business leadership, spanning over 29 years across FMCG, textiles, retail, and consumer businesses, with deep expertise across both B2B and B2C environments. He was previously appointed as Additional Director and Whole Time Director by the...

Vraj Iron and Steel Approves Greenfield Integrated Steel Plant Project in Chhattisgarh Vraj Iron and Steel Ltd has approved a major greenfield project aimed at establishing an integrated steel plant as part of its future expansion. The decision, made by the company’s Board of Directors, involves both the takeover of a suitable project site and the setup of new industrial capacity in Bastar district, Chhattisgarh.The proposed Greenfield Integrated Steel Plant will be located in Village-Chapka, Tehsil-Bhanpuri, District-Bastar, Chhattisgarh. This strategic move is set to significantly enhance the company's manufacturing capabilities and support its long-term growth strategy within the steel sector.Project Scope and Capacity Addition...

iValue Infosolutions Announces Key Management Appointments and Director Reappointments Ivalue Infosolutions Ltd, in a meeting of its Board of Directors held on July 14, 2026, approved several significant changes concerning its senior management personnel and board composition. The appointments and reappointments include leadership roles for the company’s future growth strategy across technology consulting, revenue generation, and operational oversight.The Board recognized and approved the reappointment of three directors, effective from August 22, 2026. Mr. Nagendra Venkaswamy was reappointed as a Non-Executive Independent Director for a five-year term. Similarly, Mr. Sumith Ramrao Kamath was reappointed as a Non-Executive Independent...

ESAF Small Finance Bank Allots Equity Shares Under Employee Stock Option Scheme 2019 ESAF Small Finance Bank Limited announced the allotment of equity shares to eligible employees under its ESAF Employee Stock Option Scheme 2019. The allocation was finalized by the Nomination, Remuneration and Compensation Committee of the Board of Directors on July 14, 2026.The allotted shares were issued upon the exercise of options vested under the scheme. As per the transaction details, ESAF Small Finance Bank Limited allotted 51,391 equity shares, each having a face value of Rs. 10/-.The newly allotted shares are identical in all respects to existing shares, and they shall rank pari-passu with the existing equity shares of the Bank. The...

JM Financial Ltd to Hold Board Meeting for Unaudited Q1 Results Ending June 30, 2026 JM Financial Ltd has announced that its Board of Directors will convene a meeting to review and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The board meeting is scheduled for Monday, August 3, 2026.The results are intended for consideration by the company's management in light of the operational performance during the specified quarter.In terms of market trading activity, the equity shares window remains closed following the previous closure effective from Wednesday, July 1, 2026. The company stated that the trading window will reopen 48 hours after the financial results are publicly...

CARE Ratings Report Confirms Utilization of Proceeds for Manaksia Coated Metals & Industries Ltd Preferential Issue A monitoring agency report issued by CARE Ratings Limited reviewed the utilization of proceeds raised during the recent Preferential Allotment by Manaksia Coated Metals and Industries Limited. The assessment, covering the quarter ended June 30, 2026, confirmed that funds were utilized in line with the objectives outlined in the Offer Document, finding no material deviation from the intended objects.The monitoring report provided details on the deployment of proceeds relating to the Preferential Issue, which was raised for an amount aggregating to Rs. 134.55 crore. The Monitoring Agency confirmed that all utilization...

Krishival Foods Announces First and Final Call of ₹195 Per Share on Partly Paid-Up Rights Equity Shares Krishival Foods Limited has announced the details for the First and Final Call concerning its partly paid-up Rights Equity Shares, which were originally issued following a rights offer. The payment obligation is set at ₹195 per share, comprising ₹6.50 towards the face value and ₹188.50 towards securities premium.The notice determines the liability for shareholders based on the Record Date of July 13, 2026. Krishival Foods Limited has issued a First and Final Call Notice to all eligible holders of the partly paid-up equity shares.Key Details of the First and Final Call As per the company's records, there are 33,33,160 outstanding...

Viji Finance Ltd Approves Key Appointments and Re-appointment of DirectorsThe Board of Directors of Viji Finance Ltd has approved significant personnel changes, including the appointment of Mr. Aryaman Kothari as an Additional and Whole-Time Director, and the re-appointment of Ms. Sakshi Chourasiya as a Non-Executive Independent Director. Both decisions were based on recommendations received from the Audit Committee and the Nomination and Remuneration Committee.The company confirmed that both appointed directors are not debarred from holding office by any regulatory or statutory authority, nor restricted from accessing capital markets.Appointment of Mr. Aryaman Kothari Mr. Aryaman Kothari has been appointed as an Additional...

Huhtamaki India Announces Board Meeting to Approve Q2 and Half-Year Financial Results Huhtamaki India Ltd has scheduled a Board meeting to review and approve the unaudited financial results for the second quarter and six months ending June 30, 2026.The board of directors will convene on Tuesday, July 21, 2026, with the primary agenda item being the consideration and approval of the company's performance metrics during the specified period.This meeting is intended to cover the unaudited Financial Results for both the second quarter and the entire six-month period concluded on June 30, 2026. The company will address these results at the scheduled board meeting.HUHTAMAKI Stock Price Movement Shares of Huhtamaki India Limited on...