Markets

Cybersecurity Leader 63SATS Boosts Q1 Order Book to ₹288 Crore, Shifts Focus from Demand Capture to Delivery63moons technologies limited, through its subsidiary 63SATS Cybertech Ltd., reported strong initial performance for the first quarter of Fiscal Year (FY) 2026-27. The company announced a committed order book of ₹ 288 crore in Q1 FY27, achieving approximately 82% of its full-year target. This milestone represents a significant acceleration compared to previous years, with the current quarterly order intake being roughly 3.3 times the entire revenue recorded in FY26 (₹ 87 crore).The company's leadership noted that this achievement fundamentally de-risks the FY27 plan and signifies that demand is no longer the primary concern...

Menon Bearings Ltd. Announces 35th Annual General Meeting and Confirms Director Appointments Menon Bearings Limited has scheduled its 35th Annual General Meeting (AGM) for Thursday, August 6, 2026, to review financial performance, approve management decisions, and address key directorial appointments. The AGM will be held via Video Conferencing or other Audio Visual Means, allowing members to participate remotely.The meeting is set to transact several ordinary business items, including the adoption of both the Audited Standalone Financial Statements and the Audited Consolidated Financial Statements for the financial year ended March 31, 2026. Members will also take note of an interim dividend of Rs. 2/- (or 200%) per Equity Share...

Oriental Rail Infrastructure Secures Order Worth Rs 1.62 Crore from Indian Railways Oriental Rail Infrastructure Ltd has secured a contract worth Rs 1,62,48,600.00 from Integral Coach Factory (ICF), Chennai, Indian Railways. The order involves the manufacturing, supply, and installation of specialized coach seating units for the railway operator.The contract confirms that Oriental Rail Infrastructure will be responsible for the manufacture, supply, and installation of 15 sets of 'one coach set of seats for Second AC Chair Car Coaches.' This domestic order was awarded by a domestic entity.A key component of the agreement involves the payment structure and execution timeline. The delivery is stipulated to ICF, and the payment terms...

Indo Us Bio-Tech Ltd Reconstitutes Board Committees Following Director Change Indo Us Bio-Tech Ltd announced changes in the composition of its various board committees following a meeting held on July 10, 2026. The move was necessitated by a senior director's resignation and the subsequent appointment of a new independent director.The company's Board of Directors approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee during the meeting. These changes are effective as of July 10, 2026.The necessity for committee changes arose from the resignation of Mrs. Nehaben Patel, who served as a Non-Executive Independent Director of the company. Following this...

Influx Healthtech Guides 25-30% Topline Growth Amid Capacity Expansion and Segmental Strength India, July 10, 2026: Influx Healthtech Limited, an innovation-driven CDMO, released a business update for the quarter ended June 30, 2026 (Q1FY27), highlighting strong operational improvements and significant capacity expansion plans as it aims to drive stakeholder value.The company reported healthy growth across all business verticals, driven by a favorable business mix and improved operating efficiencies, which led to stronger profitability and margin expansion. Enhanced working capital efficiency was also noted through better receivables and inventory management, supported by strong client retention reflecting long-term relationships and...

JSW Infrastructure Incorporates Wholly Owned Subsidiary for Port Concession JSW Infrastructure Limited has incorporated a new subsidiary, JSW Kolkata Outer Harbour Container Terminal Private Limited, to manage a significant port development project in India. The incorporation occurred on July 10, 2026.The new entity is positioned as a wholly owned subsidiary of JSW Infrastructure Limited (JSWIL) and operates within the infrastructure sector, specifically in the Port Related Industry.JSW Kolkata Outer Harbour was established to enter into a concession agreement related to the Integrated Development of Outer Container Terminal & Berth no. 1 through 5 at Netaji Subhash Dock, Kolkata Dock System. This development is being undertaken on...

Alembic Ltd.'s Business Responsibility Report Highlights Operational Sustainability in Real Estate and API Manufacturing Alembic Limited, operating across both real estate development and API manufacturing, released its Business Responsibility & Sustainability Report for the financial year ended March 31, 2026. The report details the company’s operational scope, workforce management, environmental performance, and commitments to responsible business conduct.Company Operations and Workforce Profile Alembic Limited maintains a registered office at Alembic Road, Vadodara, serving both national and international markets. The entity operates three plants and two offices nationally.The company's primary business activities contributing to...

Acquirers Launch Open Offer for SJ Corporation Ltd., Aiming for 26% Stake at ₹12.00 per Share A collective of four individuals has initiated a mandatory open offer aimed at acquiring a significant stake in SJ Corporation Limited. The public offering is set with an offer price of ₹12.00/- per share, targeting up to 1,12,72,300 Equity Shares, which represent 26.00% of the Expanded Voting Share Capital of the company.The Acquirers—Mr. Pintu Kanjibhai Kalavadia (Acquirer 1), Mr. Prashant Kanjibhai Kalavadia (Acquirer 2), Mr. Umang Kantilal Savani (Acquirer 3), and Mr. Kalpesh Patel (Acquirer 4)—are undertaking the acquisition through this open offer, which is described as a triggered mandatory open offer pursuant to their agreements for...

Silver Touch Breakthrough: Secures Deal with RITES to Build India's Advanced AI Platform for Infrastructure Appraisal Silver Touch Technologies Ltd has secured a major contract from RITES Ltd, expanding its footprint into high-stakes government digital transformation projects. The order involves the development of PARAKH (Detailed Project Report Appraisal & Intelligence Platform), an advanced AI platform designed to revolutionize infrastructure project evaluation within India’s public sector.This strategic win positions Silver Touch beyond traditional IT service provision and firmly into specialized AI-native enterprise solutions. By partnering with RITES, a Navratna public sector enterprise under the Ministry of Railways, the company...

Blue Dart Appoints Charles Simon Dobbie as Additional Director; Florian Ulrich Bumberger Resigns Blue Dart Express Ltd has seen changes in its Board of Directors, announcing the appointment of Mr. Charles Simon Dobbie as an Additional Director and confirming the resignation of Mr. Florian Ulrich Bumberger from the Board. The appointments and changes took effect on July 10, 2026.The company appointed Mr. Charles Simon Dobbie (DIN: 10302056) as an Additional Director (Non-Executive, Non-Independent) of the Company. The appointment was made by the Board of Directors following a Circular Resolution on July 10, 2026, and is subject to approval by the Members at the ensuing Annual General Meeting.Mr. Dobbie brings extensive experience in...

EU Demands Immediate Design Overhaul: Facebook and Instagram Must Disable 'Addictive' Features or Face Massive Fine The European Union has escalated its regulatory scrutiny against Meta Platforms, demanding that the company fundamentally alter the design of Facebook and Instagram. The bloc accused Meta of violating digital social media laws by deliberately engineering platforms that are highly addictive to users. This move comes under the strict mandates of the Digital Services Act, which holds tech giants accountable for user safety and mental health protection.How the EU Accuses Meta of Designing Addictive Platforms The European Commission's preliminary findings state that Meta failed to sufficiently assess the risks its design...

Electronics Mart India Limited Commences Operations of New Multi Brand Store in Andhra PradeshElectronics Mart India Limited has initiated commercial operations for a new multi brand store, branded as 'BAJAJ ELECTRONICS'. The commencement of operations took place on July 10, 2026.The launch marks the expansion activity for the company into Andhra Pradesh. The new establishment operates under the ‘BAJAJ ELECTRONICS’ name and is located in Kakinada.Key details regarding the new store are as follows:DetailSpecificationBrand NameBAJAJ ELECTRONICSArea6,500 Square FeetLocation Address21-1-104, Survey Nos. 2/10/478 & 2/10/478/1A, Rajahmundry Road, Peddapuram, Kakinada, Andhra Pradesh - 533437Electronics Mart India...

Bitcoin Tests Critical $50K-$67K Zone: Can a New Long-Term Bottom Rally the Market? Bitcoin's latest price correction has reignited debate among investors, who are assessing whether the world’s leading cryptocurrency is entering another prolonged long-term bottoming zone. This sustained period of price consolidation typically follows major bear market cycles. Current prices hover between $50,000 and $67,000, coinciding with structural setups witnessed during previous crypto booms.Understanding Bitcoin's Bottoming Zones Traders widely utilize a cryptocurrency’s bottoming zone to identify potential support levels, pinpoint buying opportunities, manage risk effectively, and anticipate trend reversals. Harish G. Vatnani, Head of Trade at...

Power Grid Declared Successful Bidder for Major Inter-State Transmission Project Power Grid Corporation of India Limited has been declared the successful bidder in a Tariff Based Competitive Bidding process. The company secured this status to establish an Inter-State Transmission System for the 'Transmission System for integration of Krishnagiri REZ Phase-I'.POWERGRID received the Letter of Intent (LoI) concerning the project on July 10, 2026. This undertaking is based on a Build, Own, Operate and Transfer (BOOT) model.The project involves several key infrastructure components across three states. As part of the transmission system establishment, Power Grid will be involved in setting up two new 765/400kV substations located in...

Company Completes Committee Restructuring Following Key Director Changes The Board of Directors of Indo Us Bio-Tech Ltd has approved the reconstitution of several key committees, effective July 10, 2026. This restructuring follows changes in the company's directorial composition.A meeting of the Board focused on finalizing the membership and roles within the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee.Updated Committee Memberships The composition of the committees is as follows:Audit CommitteeSR.NO.NAMEDESIGNATION1.Ritaben Nileshbhai KikaniChairperson2.Shilpa Chetanbhai ThumarMember3.Jagdishkumar Devjibhai AjudiyaMember4.Hemanshi Darsh SoniMember...

Happy Steels IPO Roars Through Markets, Fully Subscribed at 2.4 Times Amid Strong Retail Demand Surge Punjab-based automotive components manufacturer Happy Steels has garnered substantial investor interest for its maiden public issue (IPO). The offer achieved full subscription on Day 2 of bidding, signaling strong market confidence in the company's trajectory and operational stability.The IPO was designed to raise Rs 25 crore through the issuance of 37.88 lakh shares, all being a fresh issue component. Investors demonstrated robust demand for the allotment opportunity.Subscription Highlights Across Investor Categories Total bids placed for the IPO reached 65.02 lakh shares over the initial two days against the total offer size of...

Z-Tech Increases Capital Through Preferential Allotment of Equity Shares Against Warrant Conversion Z-Tech (India) Limited has reported a significant increase in its paid-up equity share capital following the allotment of 2,05,000 equity shares. This allotment was made to individuals belonging to the Non-Promoter Group Category upon the conversion of equivalent numbers of warrants.The Board Meeting held on July 10, 2026, reviewed and approved the allotment at an issue price of Rs 500 per share, which includes a premium of Rs 490 per share. The shares were allotted against the conversion of company warrants. Z-Tech confirmed that the transaction was completed upon receipt of the balance consideration, totaling Rs 7,68,75,000/- (Seven...

Silver ETFs Snap Four-Month Outflow Streak with Massive Inflows as Safe-Haven Demand Surges Silver exchange-traded funds (ETFs) recorded their highest ever monthly inflows in June, successfully ending a four-month period of net outflows. The category attracted substantial net investments totaling Rs 4,286 crore, according to data released by the Association of Mutual Funds in India (AMFI). This sharp turnaround indicates investors returned strong confidence in silver ETFs following recent price corrections.Silver ETFs Record Highest Monthly Inflows, Ending Outflow Streak The shift marks a significant psychological victory for the category, which had seen continuous redemptions over the past four months. Despite this record inflow...

Esquire Money Guarantees Ltd. Announces CFO Appointment and Resignation Esquire Money Guarantees Limited has announced significant changes in its senior management following a board meeting held on July 10, 2026. The company confirmed the appointment of Mr. Manoj Chander Pandey as Chief Financial Officer (CFO), alongside taking note of the resignation of Mr. Peeyush Sethia from the CFO post.The Board meeting addressed key personnel matters pertaining to the financial leadership of Esquire Money Guarantees Limited, effective July 10, 2026.Appointment of New CFO Mr. Manoj Chander Pandey has been appointed as the new Chief Financial Officer (CFO) of Esquire Money Guarantees Limited. The appointment comes after consideration of his...

Government Launches Major Overhaul of Andhra Pradesh FCV Tobacco Market to Boost Global Competitiveness Ensuring Grower Welfare and Market Stability A high-level review meeting was conducted by senior officials from the Ministry of Commerce & Industry regarding the ongoing Andhra Pradesh Flue Cured Virginia (FCV) Tobacco Marketing Season 2025–26. Led by Additional Secretary, Department of Commerce Shri Nitin Kumar Yadav, IAS, the initiative underscores the government's deep commitment to safeguarding the interests of local tobacco growers.The meeting convened in Hyderabad and brought together all critical stakeholders in the industry, including tobacco growers, manufacturers, exporters, dealers, trade associations, and the Tobacco...