Markets

Pidilite Industries to Host Earnings Call on August 5 for Q1FY27 Performance Review Pidilite Industries Limited has scheduled an earnings conference call to discuss its Q1FY27 performance and provide updates on the company's business operations. The management team is expected to join attendees for the session, which is slated for Wednesday, August 5, 2026, at 4:00 PM IST.The event aims to detail the company’s performance during the first quarter of fiscal year 2027. Key members from the company's leadership will be represented in the conference call. These attendees include Mr. Sudhanshu Vats, Managing Director, Mr. Kavinder Singh, Joint Managing Director, Mr. Sandeep Batra, Executive Director (Finance) and Chief Financial Officer...

Spectrum Foods Ltd Provides Update on Samskara Pushkar 5-Star Resort ProjectSpectrum Foods Ltd has announced an update on the construction progress of its Samskara Pushkar 5-Star Resort project, stating that the venture is in its final stages of completion. The resort holds significant potential as a prestigious Rising Rajasthan MoU Project and is set to become one of the largest hotels in the region upon opening.The company confirmed that civil construction for the Samskara Pushkar project has been completed. Current work focuses on interior finishing, installation and commissioning of building systems, furniture installation, and landscaping, all of which are nearing completion. Spectrum Foods expects the resort to commence...

Sensex and Nifty Surge Amid Global Tensions; Analysts Probe For Short-Term Market Bottom Indian equity markets saw a slight resurgence in late afternoon trade on July 13, exhibiting resilience despite persistent geopolitical tensions in the Middle East. The major indices were largely negative throughout much of the session but posted marginal gains as buying interest concentrated in information technology and automobile shares.At 2:46 pm, the Sensex stood at 77,672.52, marking a gain of 103.13 points or 0.13%. The Nifty index was also up slightly, reaching 24,230.85, an increase of 23.95 points or 0.1%. In terms of stock movement, 2,088 shares advanced while 1,902 declined.Global Geopolitical Risks and Crude Oil Price Watch The...

Infosys Limited Announces Retirement of Independent Director Michael Nelson Gibbs Infosys Limited has announced the retirement of independent director Michael Nelson Gibbs after completing his second consecutive term with the company. The change is effective as of July 12, 2026.Michael Nelson Gibbs was appointed to the role of Independent Director at Infosys on July 13, 2018. His departure concludes his tenure as an independent director for the company.Following his retirement from the board, Mr. Gibbs will cease his roles across several key committees within the organization. These include Chairperson of the Stakeholders Relationship committee, Cybersecurity risk sub-committee, and Member of the Audit committee, Risk Management...

IDBI Bank to Hold Board Meeting to Approve Un-audited Financial Results for Quarter Ended June 30, 2026 IDBI Bank Ltd has announced that a meeting of its Board of Directors will be held on Saturday, July 18, 2026. The purpose of the board meeting is to consider and approve the un-audited Financial Results of the Bank for the quarter ended June 30, 2026, subject to a Limited Review by the Statutory Auditors.The bank's management has also provided an update regarding the trading window for designated persons and their immediate relatives. In accordance with applicable provisions related to insider trading, the trading window for dealing in securities of IDBI Bank will remain closed until July 20, 2026.IDBI Stock Price Movement Shares...

Veerhealth Care Secures Repeat Order Worth ~1.11 Crores from Large Retail Pharmacy Network Veerhealth Care Limited, a fast-growing listed Ayurvedic and Herbal Cosmetic company, has secured a repeat order valued at approximately 1.11 crores. The order is for the supply of Hair Care and Oral Care Products to one of India's leading large retail networks of pharmacies and healthcare companies.The buyer, which boasts a nationwide presence and an extensive chain of hospitals across the country, will receive the products within 45 days. Veerhealth Care specializes in manufacturing Pure Vegetarian toothpaste and utilizes its expertise in Ayurveda through its Ayuveer brand to craft Ayurvedic medicines and oral care products using natural...

L&T Technology Services Ltd Addresses Media Report Regarding Q1 Financials L&T Technology Services Limited (LTTS) addressed a media article published by CNBC -TV18 on July 12, 2026. The report, titled "L&T Technology Services Q1 profit rises 5.9%, beats CNBCTV18 estimates," has circulated across various search platforms.The company noted that the referenced article appears to have inadvertently referred to L&T Technology Services Limited instead of LTM Limited concerning the financial results discussed within it. LTTS stated that any reference to its financial performance in the media piece should be treated as an inadvertent error by the publisher and not attributable to the Company.In addition, LTTS confirmed that the Board...

Precision Wires India Ltd reports on sustainability, detailing waste management and ESG performance for FY 2025-26 Precision Wires India Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, providing a detailed look into the company’s operational scope, environmental commitments, and social governance practices. The report highlights the company's integrated approach to manufacturing, safety, and responsible business conduct in the wiring industry.The company is engaged in the manufacturing of Insulated Enamelled Winding Wire of Copper and other Insulated Electric Conductors (HS Code 8544), which accounts for 100% of its turnover. Precision Wires India Ltd serves both...

Borosil Limited Approves Appointments of Four Senior Managerial Personnel (SMP) Borosil Limited announced a key leadership development move with the approval of four senior executives as Senior Managerial Personnel (SMP). The appointments, effective July 13, 2026, were approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee.The appointees include Ritesh Kumar, Manoj Tiwari, Dev Rishi Bhatnagar, and Pradeep Joshi, each taking on specialized roles within the company as part of its organizational structure.Key Appointments and ProfilesBorosil Limited formalized these appointments across various aspects of operations, strategy, and governance. The details regarding the appointed...

Somany Ceramics Approves Multiple Investments: Funding Expansion and International Presence Somany Ceramics Limited has made significant strategic investment decisions following a board meeting on July 13, 2026, approving investments across three distinct entities. The company accorded in-principle approval for acquiring stakes in two external companies and approved an additional investment into its subsidiary, Sudha Somany Ceramics Private Limited (SSCPL), aiming to bolster manufacturing capacity and strengthen international presence.The proposed acquisitions involve interests in Siravit Ceramics Private Limited and V.S. Industries Private Limited. The company plans to invest up to Rs. 58.80 crore in M/s. Siravit Ceramics Private...

H.G. Infra Engineering Declared L-1 Bidder for Rajasthan ITI Upgradation Project H.G. Infra Engineering Limited has been declared as an L-1 Bidder by the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan. The project involves the upgradation of Industrial Training Institutes (ITIs) under the National Scheme for ITI Upgradation Bhiwadi cluster.The contract is structured as a Public Private Partnership (PPP) model and is categorized as a domestic transaction. This assignment represents a significant business development opportunity for the company in the industrial infrastructure sector.Details regarding this domestic project, including its scope and financial dimensions, are as follows:ParticularsDetails...

Dr. Reddy's Laboratories Announces Q1FY27 Results Release and Earnings Call Details Hyderabad: Dr. Reddy's Laboratories Ltd. has announced the release of its financial results for the quarter ending June 30, 2026. The company will release these Q1FY27 results on Wednesday, July 22, 2026, following a Board Meeting.The company also scheduled an earnings call to discuss its financial performance subsequent to the results announcement.Dr. Reddy's Laboratories Ltd. (stock codes including BSE: 500124 and NYSE: RDY) is set to host the earnings call on Wednesday, July 22, 2026. The meeting is scheduled for 19:30 PM IST / 10:00 AM ET.A summary of the related events has been provided by the company:EventDate and TimeAvailability Medium...

Blue Cloud Softech Solutions USA Secures Five-Year Master Services Agreement with SpaceX International for AI Services Blue Cloud Softech Solutions Limited (BCSSL) has announced that its United States subsidiary, Blue Cloud Softech Solutions Ltd - USA (BCSSL-USA), has executed a definitive five-year Master Services Agreement (MSA) with SpaceX International Ltd. This agreement follows previous discussions between the parties and marks a significant development in BCSSL’s global AI business expansion.Under the terms of the MSA, BCSSL-USA is positioned to provide a wide range of services to SpaceX International Ltd. These services include Artificial Intelligence (AI) infrastructure, cloud-native AI platforms, enterprise AI solutions, AI...

Thomas Cook India Launches Zero Markup Forex Card for International Travellers Thomas Cook (India) Limited, a major provider of omnichannel foreign exchange services, has introduced the Zero Markup Card. The card relaunches its One Currency Card offering zero mark-up and zero cross-currency conversion charges, targeting digitally savvy travellers who seek cost efficiency and protection against currency volatility during international trips.The new product combines modern travel card convenience with the benefits of a prepaid forex card. This feature allows customers to lock in foreign exchange rates prior to travel, which provides safeguards given the global fluctuations witnessed across various currencies this year.The Zero Markup...

Lab-Grown Diamond Price Collapse Ignites Jewellery Retail Surge as Market Redraws Space A dramatic correction in lab-grown diamond prices is rapidly transforming India's organised jewellery retail landscape. The unprecedented decline in cost has driven specialised brands to accelerate their offline expansion, leading mall operators to dedicate significantly more space to the category. These changes signal a fundamental shift in how consumers are purchasing significant luxury items.Direct-to-consumer (D2C) brands focusing on lab-grown diamonds are quickly establishing a retail presence across high streets and shopping malls. Retail developers view this segment as one of the fastest-growing areas within organised jewellery retail...

Honeywell Automation India Announces Board Meeting to Approve Q1 Unaudited Financial ResultsHoneywell Automation India Limited has scheduled a meeting of its Board of Directors to consider and approve the unaudited financial results for the first quarter of the financial year ended June 30, 2026.The Board meeting is set to be held on Wednesday, July 29, 2026.In addition to the board meeting, the company also announced changes regarding its insider trading window. The Trading Window for dealing in the Equity Shares of the Company by Designated Persons has been closed. This closure period began on Wednesday, July 01, 2026, and will remain closed until the expiry of 48 hours from the date the aforementioned Financial Results are made...

Bombay High Court Judgment Allows Vadilal Dairy International to Continue Business under "Vadilal" Brand The Hon'ble Bombay High Court has pronounced a judgment in Commercial Arbitration Petition No. 18386 of 2026, which involves Vadilal Dairy International Ltd regarding the use and rights associated with the "Vadilal" trademarks. The proceedings were filed under Section 9 of the Arbitration and Conciliation Act, 1996, by the Company and its promoters.The dispute centers on the interpretation and implementation of various interconnected agreements executed in 1993, which include the Memorandum of Agreement, Brand Agreement, Registered User Agreement, and an Irrevocable Power of Attorney. These documents govern the respective rights of...

Kusumgar IPO GMP Soars at 38 Percent as Record Demand Signals Strong Listing Day Potential The grey market premium (GMP) for the Kusumgar Initial Public Offering (IPO) remains strong, signaling a promising listing debut for the manufacturer of engineered fabrics. With the GMP settling around Rs 160 on Monday morning, investors stand to gain approximately 38 percent based on current indicators. The company is scheduled to finalize share allotment later today, July 13, amidst robust investor enthusiasm.Analyzing the Grey Market Premium and Expected Gains The data indicates that the GMP of Kusumgar shares currently stands at Rs 160. This premium translates into an estimated listing price of approximately Rs 579, significantly surpassing...

Cyber Security Revolution: Indian Government Negotiates Access to Advanced US AI Models to Fortify National Digital Defenses Securing Frontier AI: India’s Strategic Talks with US and Tech Firms The Indian government is intensely engaged in high-level talks with the United States government and major technology corporations. The objective of these discussions is to gain critical access to advanced Artificial Intelligence (AI) models. These frontier systems are crucial for significantly strengthening India's national cyber security capabilities, as confirmed by Electronics and IT Secretary S. Krishnan on July 13.Krishnan emphasized that access to AI systems capable of identifying sophisticated software vulnerabilities is identified as a...

Roadstar Subsidiary PSRDCL Settles Dispute with NHAI for ₹499.09 Crore Pune Sholapur Road Development Company Limited (PSRDCL), a subsidiary of the Roadstar Infra Investment Trust, has finalized a settlement agreement with the National Highways Authority of India (NHAI). The agreement was executed on July 10, 2026, concerning disputes between the two parties.Under the Vivad Se Vishwas-III (MoRTH Contractual Disputes) One-Time Settlement Scheme, NHAI agreed to pay PSRDCL an amount of ₹ 499.09 Crore. This payment represents the full and final settlement of all outstanding disputes between NHAI and PSRDCL.The current dispute stemmed from a prior arbitral award dated November 30, 2017, which originally awarded ₹ 547.96 Crore to PSRDCL...