Markets

Radico Khaitan Releases Sustainability Report for FY2025-26, Detailing ESG Commitments and Operational Focus Radico Khaitan Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The comprehensive report details the company's commitment to environmental stewardship, social responsibility, and robust corporate governance as a leading manufacturer of Indian Made Foreign Liquor (IMFL).The document outlines how sustainability is integrated into Radico Khaitan’s core business strategy across its entire value chain. This strategic approach aims to create long-term sustainable value for consumers, employees, shareholders, partners, communities, and the environment.Corporate...

Tata Power Approves Allotment of ₹1,500 Crore Unsecured NCDs through Private Placement Tata Power Company Limited has approved the allotment of Non-Convertible Debentures (NCDs) worth ₹1,500 crore. The issuance, which was secured via a private placement model, involves 7.50% unsecured, senior, redeemable, rated, and listed NCDs.The Committee of Directors at Tata Power sanctioned the allotment on July 14, 2026. The transaction pertains to 1,50,000 units of NCDs with a face value of ₹1,00,000 each, aggregating to ₹1,500 crore. These debentures carry a tenor of five years and were issued for cash.The allotment process utilized the multiple yield allotment method prescribed by BSE Limited. The company has determined the issue price...

KEC International Secures Rs 1,180 Crores in New Orders Across T&D, Renewables, and Civil Segments KEC International Ltd., a global infrastructure EPC major, has secured new orders totaling Rs 1,180 crores across its various business segments. The order wins span Transmission & Distribution (T&D), Renewables, Civil works, and Cables & Conductors, marking key milestones for the company in supporting growing power infrastructure needs.The T&D segment of KEC International has received several projects globally. This includes securing a 400 kV transmission line project in Western India specifically designed to power a Data Centre. Additionally, the company secured contracts for the supply of transmission line towers in the Middle East and...

Indian Overseas Bank Schedules Board Meeting to Review Q1 Financial Results Indian Overseas Bank has scheduled a meeting of its Board of Directors to review the unaudited financial results for the quarter ended June 30, 2026. The event is set to take place on July 20, 2026, in Chennai.The board meeting will specifically consider the bank's Unaudited (Reviewed) Financial Results, which cover both Standalone and Consolidated figures for the quarter ending June 30, 2026.Additionally, the bank confirmed that the trading window regarding its securities remains restricted for certain personnel. The prohibition on insider trading continues until July 22, 2026, following a restriction period initiated for Designated Persons and their...

Hero MotoCorp Boosts Ather Energy with Massive Investment as Q1 Tech Giants See Profit Surge The stock market remains highly active today, driven by significant strategic investments and robust quarterly results from major technology firms. While several companies report crucial financial updates, investor attention is focused on deep sector dives ranging from automotive investment to critical regulatory approvals across various industries.Sectoral Performance and Key Q1 Results Technology stocks demonstrated considerable resilience in the first quarter. L&T Technology Services reported a strong consolidated performance, with its profit growing 13% year-on-year (YoY) to Rs 356.6 crore from Rs 315.7 crore. Revenue also climbed 11.5% to...

Hero MotoCorp Approves Up To Rs 1,000 Crore Investment in Ather Energy Limited Hero MotoCorp Limited has approved a significant additional investment into its associate company, Ather Energy Limited. The move involves subscribing to equity shares or other eligible securities of Ather through a preferential allotment basis, with the investment potentially reaching up to Rs 1,000 crore.The approval by Hero MotoCorp's Committee of Directors (COD) relates to the subscription of Securities proposed by Ather Energy Limited as part of its capital raising efforts. This subscription is subject to necessary approvals from both the Board and Shareholders of Ather Energy Limited. The COD has also sanctioned all required documentation, including a...

14 Sub-Sectors Surge in April as India Launches Index of Services Production India has marked a significant milestone in its statistical infrastructure with the release of the first trial Index of Services Production (ISP). This new macroeconomic indicator is designed to capture and track short-term performance changes within the country's vast services sector. As services constitute the backbone of modern Indian growth, the ISP represents a major step toward providing high-frequency data for informed economic policymaking.Performance Snapshot: Double-Digit Growth across Key Services Sub-Sectors The initial trial release, covering 19 service sub-sectors in April 2026, shows robust momentum across the economy. Notably, 14 of these...

IBM Plunges 25% Amid AI Spending Shift: CEO Blames Infrastructure Rush and Cyber Concerns IBM shares plummeted 25 percent on Tuesday following the release of disappointing preliminary second-quarter results. The tech giant attributed the downturn to a crucial shift in corporate spending habits, driven by concerns over higher prices for memory chips and other infrastructure needed for artificial intelligence initiatives.Impact of Spending Shifts on IBM's Q2 Results For the three months ending in June, IBM reported revenue that rose only one percent, totaling $17.2 billion. The company stated that the demand created by a global rush to build AI infrastructure has begun disrupting traditional business lines.IBM’s infrastructure...

Uflex Ltd Granted Patent for Reclosable Flexible Packaging with Enhanced Barrier Protection Uflex Limited has secured a significant patent from the Government of India's Patent office for an invention related to advanced flexible packaging solutions. The patent, granted on July 13, 2026, carries Patent No. 595198.The patented invention is titled 'A RECLOSABLE FLEXIBLE PACKAGE WITH ENHANCED BARRIER PROTECTION'. The patent grants Uflex Limited a protective term of 20 years, commencing from the application date of December 10, 2024, as per the provisions of the Patents Act, 1970.The invention directly relates to the field of flexible packaging and addresses the need for highly secure and functional packaging methods. Specifically, it...

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...