Markets

Ram Ratna Wires Limited Releases Business Responsibility Report, Highlights ESG Commitments and Sustainable Manufacturing Practices Ram Ratna Wires Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a detailed overview of the company's operational scale, product portfolio, and commitment to environmental, social, and governance (ESG) standards within the manufacturing sector.The company is engaged in the manufacturing of winding wires and strips, which contributes 72.03% to its turnover. A significant portion of its business also involves the manufacturing of copper tubes and pipes, accounting for 21.52% of the total turnover. The enterprise serves both...

Clay Craft India Limited Updates Corporate Identification Number Following Stock Exchange Listing Clay Craft India Limited has updated its Corporate Identification Number (CIN) subsequent to the successful listing of its equity shares on the National Stock Exchange of India Limited's NSE Emerge Platform. This change reflects the company's status being officially recognized as a listed entity by the Ministry of Corporate Affairs (MCA).The essential corporate identification details for Clay Craft India Limited have been updated following this regulatory milestone. The company, formerly known as Clay Craft (India) Private Limited, now carries a modified CIN to reflect its listing status.Key details regarding the change are as follows...

Sai Silks Announces Q1 FY27 Post Results Conference Call Invitation Sai Silks (Kalamandir) Limited has announced that it will host a conference call to discuss the company's results and performance related to the first quarter of Fiscal Year 2027. The event is scheduled for Thursday, July 16, 2026, at 4:00 P.M. IST.The conference call is contingent upon the subsequent announcement of the unaudited financial results for the quarter ended June 30, 2026. The meeting provides an opportunity for stakeholders to interact with company management regarding the Q1 FY27 performance.Representing the management in the conference call will be Mr. K.V.L.N Sarma, Chief Financial Officer, and Mr. Bharadwaj R, Chief Executive Officer.Stakeholders...

Gennova Subsidiary Sells mRNA Business via Slump Sale to Immunoscript for Rs. 1,395 Million Emcure Pharmaceuticals Ltd's subsidiary, Gennova Biopharmaceuticals Limited, has executed a business transfer agreement regarding its mRNA division. The division was sold as a going concern on a slump sale basis to Immunoscript Life Science Private Limited.The agreement was finalized on July 10, 2026. The transaction involves the comprehensive transfer of Gennova's mRNA business to Immunoscript for a lump sum cash consideration of Rs. 1,395 Million. The completion of the slump sale is expected by July 17, 2026, pending fulfillment of necessary conditions precedent and approvals outlined in the Business Transfer Agreement (BTA).The buyer...

Sai Silks Schedules Q1 FY27 Post-Results Conference Call for July 16, 2026 Sai Silks (Kalamandir) Limited has announced the scheduling of a conference call to discuss the company's results and performance related to the first quarter of the financial year 2027 (Q1 FY27). The conference is set for Thursday, July 16, 2026, at 04:00 P.M. IST, pending the announcement of the unaudited financial results for the quarter ended June 30, 2026.The event will provide stakeholders with an opportunity to hear from management regarding the company's recent performance. Management representatives scheduled to attend the conference call include Mr. K.V.L.N Sarma, Chief Financial Officer, and Mr. Bharadwaj R, Chief Executive Officer.Details for...

Hisar Metal Industries Reports Status of Transfer Requests Under Special Window for June 2026 Hisar Metal Industries Limited has provided reports detailing the status of transfer requests processed during the special window for physical shares covering the month of June 2026. The company obtained this report from its Registrar and Share Transfer Agent, Skyline Financial Services Pvt Limited, Delhi.The report relates to the special window established for the re-lodgment of transfer requests. The detailed operational status, including the number of requests received, approved, or rejected during the specified period, has been documented by the agent and is provided below.The tabulated details of the re-lodgement under the Special...

Massive Battle for Borrowers: Compare Top Home Loan Interest Rates From Banks and NBFCs as of July For prospective homeowners, securing favorable lending terms is crucial to minimizing overall borrowing costs. Since interest rates vary based on numerous personal financial factors, a comprehensive comparison across lenders remains essential for any home loan applicant this month. While several public sector banks are offering loans starting around 7.10 percent, the final rate offered will depend heavily on an individual's credit profile and employment status.The Impact of RBI Policy on Lending Rates Home loan interest rates in India are closely linked to the monetary policy set by the Reserve Bank of India (RBI). In its most recent...

India-NZ Alliance Accelerates: Trade Target Doubled to ₹35,000 Crore by 2030 as Partnership is Elevated India and New Zealand have significantly upgraded their bilateral relationship following the official visit of the Prime Minister. The two nations have formalized their ties into a Strategic Partnership, setting an ambitious economic roadmap designed to profoundly boost trade and cooperation across multiple sectors. This comprehensive partnership aims to strengthen not only trade but also defense, science, and people-to-people exchanges over the next four years.Economic Boost: Setting a ₹35,000 Crore Trade Target A major milestone established during the visit is the commitment to dramatically expanding economic connectivity. Both...

Gold Investors Advised Caution: DSP Report States Precious Metal Ratios Are Balanced, Not Yet Attractive for Overweighting Gold investors are urged to resist the impulse to aggressively increase allocations despite the precious metal's strong market performance. The latest NETRA report from DSP Mutual Fund suggests that current gold prices do not yet offer a sufficiently attractive risk-reward ratio. The firm advises investors against rushing, stating that "Prices aren't attractive enough to be overweight."The DSP report emphasizes that current price levels are in a balanced zone regarding risk and reward. It projects that the mathematical proof of higher margin of safety can only emerge following further corrections in prices. This...

Kusumgar IPO Sees Massive Demand as Subscription Crosses 129x Ahead of Share Allotment The Initial Public Offering (IPO) of Kusumgar Limited concluded on a resounding note, registering an impressive demand across all investor categories. The issue saw a near 129 times subscription, solidifying the strong market appetite for the company's equity shares. With the three-day bidding window now closed, the market attention pivots toward the crucial allotment process set to take place in the coming days.IPO Subscription Status Reaches Heights The final day of bidding witnessed a significant surge in interest for Kusumgar’s public issue. The overall subscription stood at 128.83 times, illustrating the robustness of institutional and retail...

Apple Unleashes Legal Attack: OpenAI Sued for Pilfering iPhone's Future AI Secrets Apple Inc. has filed a high-stakes lawsuit against OpenAI, accusing the AI giant and its key hardware executive of engaging in a coordinated campaign to steal confidential information regarding upcoming products. The legal action alleges that OpenAI encouraged employees to share proprietary materials, components, and designs related to Apple’s next generation offerings. This move marks a dramatic rupture in the working relationship between two industry titans.The Scope of Trade Secret Theft Allegations The suit, filed in the Northern District of California, explicitly names Tang Tan, the Chief Hardware Officer at OpenAI. Mr. Tan is also identified as...

Wall Street Climbs Near Record as Tech Rally Fuels Earnings Season Anticipation The U.S. stock market closed robustly on Friday, with the S&P 500 nearing a record high after renewed optimism surrounding technology and an anticipated shift toward corporate earnings season. The indices demonstrated resilience despite underlying concerns over global economic stability and rising energy costs.Market Performance: Indices Post Gains Amid Volatility The S&P 500 added 0.42% to close the session at 7,575.39 points. This performance keeps the benchmark near its June 2 record-high close, though it remains down 0.45% from that peak. The Nasdaq gained 0.29%, reaching 26,281.61 points, while the Dow Jones Industrial Average also rose 0.29% to...

Urban Company Limited accepts resignation of Chief Human Resource Officer Neha Mathur Urban Company Limited has accepted the resignation of Ms. Neha Mathur, who serves as a Senior Management Personnel and Chief Human Resource Officer at the company. The company confirmed that she will be relieved from her duties effective close of business hours on August 31, 2026.Ms. Mathur tendered her resignation citing personal reasons. The acceptance of the resignation concludes her tenure in this capacity at Urban Company Limited.Urban Company Limited is a company that was formerly known as UrbanClap Technologies India Limited and UrbanClap Technologies India Private Limited.URBANCO Stock Price Movement Shares of Urban Company Limited on...

Triveni Engineering Shareholders Entitled to Receive TPTL Stock Following Demerger Scheme Triveni Engineering & Industries Limited has set July 22, 2026, as the Record Date for determining the eligibility of its equity shareholders who are entitled to receive equity shares of Triveni Power Transmission Limited (TPTL).The setting of the Record Date comes following the effectiveness of a composite Scheme of Arrangement involving Triveni Engineering and Industries Limited (the Demerged Company), Sir Shadi Lal Enterprises Limited (SSEL), and Triveni Power Transmission Limited (TPTL), which was sanctioned by the National Company Law Tribunal, Allahabad Bench.The demerger transaction transferred the power transmission business undertaking...

Rane (Madras) Ltd Schedules 22nd AGM; Announces Dividend and Details Director Appointments Rane (Madras) Limited has scheduled its Twenty Second Annual General Meeting (22nd AGM) to be held on August 05, 2026. The meeting will take place via Video Conference (VC) or Other Audio Visual Means (OAVM), and the company has engaged Central Depository Services (India) Limited for e-voting services.The Annual General Meeting is scheduled to transact several ordinary and special business items, including the adoption of audited financial statements, declaration of dividends, and key appointments in the Board of Directors.E-Voting and Key Dates The meeting details and voting periods are as follows:EventDate / PeriodDetailsAGM...

Karur Vysya Bank Schedules Investor Conference Call to Discuss Q1 Unaudited Financial Results Karur Vysya Bank Ltd has announced a conference call scheduled for investors and analysts to discuss the Unaudited Financial Results of the bank for the quarter ended June 30, 2026.The event follows an earlier communication from the bank regarding the Board Meeting planned to approve these results. The bank intends to host the Group Meet on July 20, 2026, at 6:30 P.M. IST.The conference call is organized to provide insights into the bank's performance for the specified quarter and aims to engage with institutional investors and financial analysts.Key details regarding the investor conference are as follows:DetailInformation...

Persistent Systems Recommends Final Dividend of INR 18 Per Share Ahead of AGMs Persistent Systems Limited has announced key details regarding its upcoming 36th Annual General Meeting and recommended a final dividend for the financial year 2025-26.The Board of Directors, during a meeting held in April 2026, recommended a Final Dividend amounting to INR 18 per Equity Share. This recommendation is subject to ratification by members at the upcoming AGM. The company has also set the Record Date for this corporate action.The details concerning the dividend and shareholder actions have been released by Persistent Systems Limited.A summary of the financial and operational details related to the corporate action includes:FieldDetails...

Persistent Systems Releasing Business Responsibility and Sustainability Report for FY 2025-26<p>Persistent Systems Limited has released its Business Responsibility and Sustainability Report (BRSR) covering the financial year 2025-26. The report is available as part of the company's Annual Report for the same fiscal year.</p><p>The BRSR details Persistent Systems' commitment to sustainability and corporate responsibility initiatives across its operations for FY 2025-26. This document addresses the company's standards and efforts in line with modern corporate governance expectations.</p<p>Stakeholders seeking detailed information on the company's performance can access the Business Responsibility and Sustainability Report through the...

Persistent Systems Announces Mega Acquisition of Nagarro SE, Details AGM and Dividend Approval Plans Persistent Systems Ltd has announced significant developments ahead of its 36th Annual General Meeting (AGM), including the proposed acquisition of German digital engineering firm Nagarro SE. The company confirmed that the AGM is scheduled for Monday, August 3, 2026, and provided details regarding dividend proposals, director reappointments, and material related party transactions concerning the merger.The Board reviewed several strategic alternatives before concluding that acquiring Nagarro represented the strongest path to accelerate Persistent’s European expansion and strengthen its position in the AI-led digital engineering market...

Liotech Industries States No Undisclosed Information Affects Share Price Movement Liotech Industries Limited confirmed that it has regularly disseminated all required material information and events regarding the company's securities. In a statement addressing inquiries about price movement, the company maintained that it was not aware of any undisclosed price sensitive information or material event that could impact its share price behavior.The company affirmed that the movement in its stock price is purely market-driven and that management holds no control over it. Liotech Industries stated that it remains committed to fulfilling all applicable disclosure requirements, pledging to promptly inform the Stock Exchange if any material...