Markets

Antony Waste Confirms Fatalities Following Landfill Collapse Near Waste-to-Energy Plant; Announces Comprehensive Support for Affected Families Mumbai, July 12, 2026 – Antony Waste Handling Cell Limited confirmed a tragic loss of life following a natural calamity at the landfill adjacent to its Waste-to-Energy plant. The incident occurred after incessant rains caused thousands of tonnes of waste from an external landfill to collapse onto the facility site, resulting in severe damage to the administrative building where 23 employees were present.The company confirmed that nine individuals lost their lives due to the incident.Emergency response teams, including the National Disaster Response Force (NDRF), the Indian Army, the Fire...

Geopolitical Energy Pivot: NTPC Board Clears Massive ₹20,457-Crore Investment for 1,600 MW Lara Thermal Power Project State Giant NTPC Approves Major Investment for Chhattisgarh Power Expansion The state-run power giant, NTPC, has officially sanctioned a significant investment totaling Rs 20,456.70 crore. This capital injection is earmarked for the completion of the 1,600 MW Lara Super Thermal Power Project Stage-III in Chhattisgarh. The approval was confirmed by the company via an exchange filing on Saturday.The Board of Directors meeting held on July 11, 2026, formally approved the investment proposal. This move underscores NTPC's commitment to expanding critical power generation capacity within the region.Enhancing Grid...

SBI Funds Management IPO: Brokerages Bet on Dominant Franchise, But Warn Active Fund Performance is Key Monitor SBI Funds Management (SFM) is set to enter the public markets via a nearly Rs 10,000 crore initial public offering (IPO), scheduled for subscription starting July 14. Financial brokerages have offered favorable outlooks, emphasizing the company's market leadership and its integral role in India's burgeoning mutual fund industry. They cite strong operating efficiency and diversified revenue streams as key drivers supporting a positive investment case.The IPO is structured entirely as an offer for sale (OFS) by existing shareholders State Bank of India and Amundi India Holding. This means the company itself will not receive...

Ather Energy Ltd Board to Consider Raising Funds Through Equity Shares and Convertible Bonds Ather Energy Limited has announced that its Board of Directors will hold a meeting on Wednesday, July 15, 2026, to consider a proposal for raising funds through various instruments.The meeting is scheduled to approve the initiative to raise capital by issuing equity shares and/or foreign currency convertible bonds (FCCBs), among other eligible securities. These securities include any instruments representing equity shares or those that can be converted into or exchanged for equity shares, whether denominated in Rupees or foreign currencies, or a combination thereof.The company stated that the funding could be executed through permissible...

Arcee Industries Ltd to Hold Board Meeting to Discuss EGM Proposal Arcee Industries Ltd has scheduled a meeting of its Board of Directors set for Wednesday, July 15, 2026. The primary focus of this gathering is the consideration and approval of proposals related to an upcoming Extra-Ordinary General Meeting (EGM) of the company's shareholders.The Board meeting is intended to address several key agenda items necessary for the future general body meeting. Chief among these tasks is the formal proposal to convene the EGM, alongside the review and approval of the draft notice that will be circulated to shareholders.In addition to approving the proposed EGM and its associated documents, the board members are also slated to discuss any...

Asian Paints Receives Improved ESG Ratings from Crisil, Securing 'Strong' Category Status Asian Paints Ltd has received a rating from Crisil ESG Ratings & Analytics Limited concerning its environmental, social, and governance performance. The rating, assigned by the agency, places the company in the 'Strong' category for its general ESG metrics.Crisil ESG Ratings awarded Asian Paints an Environmental, Social and Governance (ESG) Rating of 'Crisil ESG 68'. Furthermore, the company secured a Core ESG Rating of 'Crisil Core ESG 72'.The rating assigned by Crisil is based on information available in the public domain and was conducted independently, without engagement from the company for the assessment.This latest rating reflects an...

TechD Cybersecurity Secures Two Major Managed Security Contracts Valued at Over INR 1 Crore TechD Cybersecurity Limited has secured two significant Purchase Orders from a listed cybersecurity distributor and system integrator company for providing managed security services, totaling an aggregate value of INR 1,32,86,800. The contracts were received on July 11, 2026.The agreements cover various critical areas of digital security infrastructure across key sectors, including telecommunications and financial technology services. These services fall under the normal course of business for TechD Cybersecurity Limited as a Managed Security Service Provider (MSSP).The two purchase orders are structured with payment terms set at 100% upon...

CSM Technologies Ltd Schedules Board Meeting to Review Fiscal Results and Dividend RecommendationCSM Technologies Ltd has announced that its Board of Directors will convene on Monday, July 20, 2026. The meeting is scheduled to cover crucial financial outcomes for the company.The agenda set for the board includes considering and approving the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. Additionally, the directors will address the recommendation of a Final Dividend for Financial Year 2025-2026, which is subject to approval by shareholders at the forthcoming Annual General Meeting.In adherence to insider trading regulations, the trading window for securities of CSM Technologies...

ICICI Lombard General Insurance Company Ltd Completes Tenure of Independent Director Mr. Ved Prakash Chaturvedi ICICI Lombard General Insurance Company Limited has announced that Mr. Ved Prakash Chaturvedi, a Non-executive, Independent Director, will cease his role following the completion of his second term with the company. The change is effective from July 12, 2026.The company confirmed that Mr. Ved Prakash Chaturvedi completed his two-term appointment as Non-executive, Independent Director. His tenure concluded after a period during which he was initially re-appointed for a subsequent five-year term.The Board of Directors of ICICI Lombard General Insurance Company Limited recorded their appreciation for the contributions made by...

Kirloskar Ferrous Industries Announces 35th Annual General Meeting and Recommends Final DividendKirloskar Ferrous Industries Ltd has announced the details of its 35th Annual General Meeting (AGM) and recommended a final dividend for shareholders, alongside setting key dates for both dividend eligibility and electronic voting.The Company's AGM is scheduled to be held on Wednesday, August 5, 2026, at 4:00 p.m. (IST). The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing members to participate remotely.The Board of Directors, during its meeting held on June 12, 2026, recommended a Final Dividend equivalent to ₹3 per equity share. Since the face value of the shares is ₹5 each, this...

ROC Approves Three-Month Extension for TeleCanor Global Ltd's 34th Annual General Meeting TeleCanor Global Ltd has received official approval from the Registrar of Companies (ROC), Hyderabad, granting an extension for holding its 34th Annual General Meeting (AGM) pertaining to the Financial Year 2025-26. The ROC granted the extension following the company's application seeking additional time to convene the meeting.The approval was issued by the ROC, Hyderabad, on July 9, 2026. This decision addresses the requirement for holding the AGM after the completion of the accounting year, which closed on March 31, 2026.Under the granted extension, the company has been provided three months to conduct its 34th AGM. The deadline for the...

Sathlokhar Synergys Secures New Order Worth INR 74.85 Crores, Reaching INR 1,015.18 Crores in Confirmed Orders Sathlokhar Synergys E&C Global Limited has strengthened its revenue visibility by securing additional confirmed orders worth INR 63.43 crores. This successful acquisition elevates the Company's revised confirmed order book for the fiscal year 2026-27 to INR 1,015.18 crores, following an initial reported figure of INR 951.75 crores for FY 2026/27.The new contract was awarded by M/s. Grand Atlantia Panapakkam SEZ Developers Private Limited, a domestic entity. The project involves the execution of Civil, Electrical, and Firefighting work for the proposed building at M/s. Grand Atlantia Panapakkam Sez Developers Private Limited...

Massive IPO Surge Imminent: Five Companies Set to Rally Market, Promising ₹15,000 Crore Influx by July End India's primary market is set for a significant acceleration following a two-month period of steadily improving momentum. The pipeline of Initial Public Offerings (IPOs) is poised to swell substantially as five major issues are expected to hit the market by the end of July. These offerings, spanning various sectors, collectively aim to raise around ₹15,000 crore.Key Companies Drive Massive IPO Pipeline The planned launches include Manipal Health Enterprises, Milky Mist Dairy Foods, Caliber Mining & Logistics, Juniper Green Energy, and Lohia Corp. This influx represents a strong revival in primary market activity after a...

Sensex, Nifty Rally Amid Broader Market Strength as Q1 Earnings Season and Global Data Loom The market concluded a volatile week with moderate losses, fueled by intensifying geopolitical tensions in West Asia and rising crude oil prices. Despite this risk aversion, the recovery over the last two sessions provided encouragement. This constructive backdrop is bolstered by declining India VIX levels, strong Q1 business updates from the banking and IT sectors, and sustained foreign institutional investor (FII) buying.Markets are expected to maintain a positive bias moving forward, contingent upon the absence of any major escalation in West Asia. Investor focus will primarily center on upcoming quarterly earnings reports and domestic...

Everest Industries Announces 93rd AGM and Releases Annual Report for FY2025-26 Everest Industries Limited has announced the details of its ninety-third (93rd) Annual General Meeting (AGM), scheduling the event for August 3, 2026. The company has also made available the soft copy of its Annual Report for the Financial Year 2025-26, along with the Notice convening the AGM.The 93rd AGM is scheduled to be held on Monday, August 3, 2026, at 3:30 p.m. (IST). The meeting will be conducted through a Video Conferencing (VC) facility or Other Audio-Visual Means (OAVM), where the company will transact business as set out in the Notice forming part of the Annual Report for FY 2025-26.For shareholders who have not registered their email address...

TCS Appoints Senior Management for BFSI Americas and Travel, Transport & Hospitality Verticals Tata Consultancy Services Limited (TCS) has appointed senior management personnel across various business verticals. The company confirmed the appointment of two key leaders, effective July 13, 2026, marking significant strategic additions to its leadership structure.The appointments include Ramakrishna Mohan Veeturi and Arun Pradeep Surendra Mohan, bringing extensive experience in their respective domains of financial services and travel/transportation sectors.Key Management Appointments at TCS Ramakrishna Mohan Veeturi has been appointed as the Business Head - BFSI Americas. Mr. Veeturi brings 31 years of multifunctional experience...

Market Outlook: Sensex, Nifty Brace for Volatility as Geopolitics, Q1 Earnings Define Trading Week The Indian stock markets face a complex week of closely monitored global and domestic indicators. Analysts suggest that market direction will hinge on the developments surrounding the ongoing US-Iran conflict, the release of key inflation data, and the progression of the Q1 earnings season. These diverse factors are setting the stage for significant investor focus across both international risk sentiment and domestic economic health.Global Instability and International Market Cues The geopolitical situation involving Iran and the US remains a central point of concern for global markets. Developments in this ongoing conflict will directly...

HDFC Bank Unleashes 'Neev' GenAI Platform, Revolutionizing AI Adoption Across Banking Operations Enterprise-Grade GenAI Platform Fuels Transformation at HDFC Bank HDFC Bank has introduced 'Neev', a comprehensive in-house enterprise GenAI full-stack platform. This move signifies the lender’s accelerated push for artificial intelligence adoption across its entire operational spectrum. The bank, identified as the country’s largest private lender, is strategically scaling AI integration while rigorously maintaining regulatory compliance throughout this massive shift.The launch of Neev allows standardized AI development within the organization. Business teams can now focus on resolving complex operational challenges with confidence. This...

Goyal Leads High-Level Delegation: India to Ignite European Partnership in Advanced Manufacturing and Clean Energy Across Spain, Belgium, and Finland Union Minister of Commerce & Industry, Shri Piyush Goyal, is set to lead a high-level Indian business delegation across Europe from July 13 to 17, 2026. The tour focuses intensely on strengthening economic ties across Spain, Belgium, and Finland. This initiative underscores India's growing commitment to pivotal global partnerships in trade, advanced technology, innovation, and sustainability within the continent.The delegation is a carefully curated mix of leading Indian enterprises. These companies represent diverse sectors including digital technologies, clean energy, advanced...

VRL Logistics Reports on Sustainability, Operational Scale as of FY 2025-26 VRL Logistics Limited has released its Business Responsibility and Sustainability Report for the financial year spanning April 1, 2025, to March 31, 2026. The comprehensive report details the company's operational footprint, workforce statistics, environmental impact mitigation strategies, and compliance performance across various sustainability principles.Operational Scope and Core Business Activities VRL Logistics operates as a surface logistics service provider with a nationwide presence spanning 28 states. Its core business revolves around general parcel movement through Less than Truck Load (LTL) services, door collection, and door delivery. The company...