Markets

SPR Auto Technologies Unveils BRSR 2025-26, Outlining Ambitious ESG Goals and Resource Management Benchmarks SPR Auto Technologies Limited, formerly Shriram Pistons & Rings Limited, has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a comprehensive look into the company’s operational scope, workforce details, and commitments to environmental stewardship in line with evolving industry standards.The company reports that it is pursuing strategic goals aimed at carbon neutrality by FY 2045 and aims to reduce emission intensity by over 50% by FY 2030. Key sustainability targets include sourcing 50% of total energy needs from renewable sources by FY 2030, reducing...

PC Jeweller Ltd Confirms No Price Sensitive Information Regarding Stock Movement PC Jeweller Ltd has released a clarification confirming that it currently holds no material information that would impact the price or volume behavior of its stock, stating that the company continues to maintain timely disclosures regarding operational and performance-related events.The company previously confirmed that it ensures the disclosure of all events and information bearing on the operation and performance of PC Jeweller Ltd in a timely manner, including all price sensitive details.PC Jeweller Limited further noted that any variation in stock price or volume is market driven, based on various factors, including investor perception concerning...

Eco Hotels And Resorts Ltd Approves Waiver of Interest on Delayed Call Money Payments for Rights Issue Shareholders Eco Hotels And Resorts Ltd announced the outcome of its Rights Issue Committee meeting held on July 03, 2026, concerning shareholders who paid the outstanding First and Second Call Money after missing the original due dates.The Rights Issue Committee approved a waiver of interest on the delayed payment of both the First and Second Call Money for those shareholders who subsequently cleared the outstanding amounts following a reminder notice issued on June 22, 2026. Furthermore, the Committee sanctioned the refund of any interest amount that had been collected from these compliant shareholders.The decision was made in...

Lok Sabha Speaker Urges West Bengal Legislators to Forge Renaissance by Prioritizing Solutions Over Criticism Strengthening Democratic Traditions: Speaker Birla Addresses New Assembly Members Kolkata, July 3, 2026. Lok Sabha Speaker Shri Om Birla inaugurated a two-day Orientation Programme for the newly elected Members of the West Bengal Legislative Assembly in Kolkata on July 3, 2026. The programme was designed to guide legislators toward strengthening democratic traditions and leading the state's renaissance.Shri Birla emphasized that elected representatives are primary custodians of the people's aspirations. He urged the assembled members to actively contribute to informed law-making and good governance while preserving West...

Bil Vyapar Limited, formerly known as Binani Industries Limited, recently held its 15th meeting of the Committee of Creditors regarding the ongoing Corporate Insolvency Resolution Process (CIRP). The minutes from this crucial meeting detail key operational and strategic discussions concerning the company's turnaround efforts.The Committee of Creditors focused on several critical agenda items during the meeting. Among these was a discussion on the methodology and conduct of negotiations or challenges that will be engaged with resolution applicants. This step is central to guiding the ongoing CIRP process for BIL Vyapar Limited.The proceedings confirm that the Committee reviewed the internal processes related to engaging potential...

Sera Investments Announces Board Changes: Neha Kothari and Aayush Shah Appointed as Independent Directors; Saurabh Shah Resigns Sera Investments & Finance India Ltd has finalized significant changes to its board structure, announcing the appointment of two new directors and confirming the resignation of an existing director. The Board approved these changes on July 1, 2026.The company appointed Neha Vinod Kothari and Aayush Kamleshbhai Shah as Additional (Non-Executive Independent) Directors, effective from July 1, 2026. These appointments mark a strengthening of the independent oversight within the organization.Neha Kothari is a Chartered Accountant and finance professional with over five years of experience in the insurance...

Multicap Breakthrough: The Wealth Company Launches New Equity Fund, Anchored by Fundamental Research and Diversified Allocation The Wealth Company Asset Management Holdings Private Limited has successfully launched a new offering in the market: The Wealth Company Multi Cap Fund. This open-ended equity scheme is designed with the primary goal of generating long-term capital appreciation for investors. The fund targets high growth by predominantly investing across large cap, mid cap, and small cap companies in the dynamic Indian financial markets.The launch introduces a highly diversified approach aimed at harnessing opportunities across the entire market capitalization spectrum. The AMC has emphasized that this is an active investment...

Defence Forces Boost Combat Readiness: DAC Approves Rs 52,000 Crore Mega Capital Acquisition Proposals The Defence Acquisition Council (DAC) has cleared a significant set of capital acquisition proposals worth approximately Rs 52,000 crore to drastically enhance the combat readiness across all branches of the Indian Defence Forces. The approval, granted on July 03, 2026, by the Defence Minister, Shri Rajnath Singh, provides crucial in-principle administrative approval for procuring advanced weaponry and surveillance systems.This monumental investment spans critical technologies designed to counter modern threats, covering everything from anti-drone measures to high-altitude reconnaissance capabilities. The acquisitions are set to...

Domestic Investor Resilience Drives Mutual Fund Industry Growth in Line with Viksit Bharat Goals SEBI’s WTM Amarjeet Singh highlights the stabilizing role of domestic capital as Indian mutual fund AUM triples, signaling deeper market maturity and focused regulatory initiatives.Resilience and Stability: Domestic Investors Become Capital Market Shock Absorbers The resilience demonstrated by domestic investors has positioned the mutual fund industry as a critical stabilizer in India's financial markets. This strength was evident during periods of global uncertainty, including the 2022 tightening cycle, FPI outflows, and geopolitical volatility witnessed in early 2026.Equity mutual funds recorded net inflows for 63 consecutive months...

Latteys Industries Limited Secures Rs 22 Crore Order for Solar Water Pumping Systems Latteys Industries Limited has secured a significant new contract valued at Rs 22 Crores from Maharashtra State Electricity Distribution Company Limited. The order pertains to the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems.The agreement was awarded by the state entity, Maharashtra State Electricity Distribution Company Limited. This substantial contract involves a total value covering 994 pumps and is structured as a domestic transaction for Latteys Industries.The execution timeframe for the order is set at within 180 days from the date of issuance of Work...

Yen Surge as Global Markets Ease Fears After US Job Data Weakens Fed Rate Hike Expectations Japanese Currency Stabilizes Amid Labor Market Shift The Japanese yen has recovered from its recent record lows, showing renewed strength after trading at 162.8 against the US dollar on Tuesday. The currency was observed trading around 161.2 in the latter part of the week. This rebound comes as market concerns regarding a further tightening of US monetary policy begin to subside following fresh economic data from the United States.The yen had faced considerable pressure earlier this week after expectations intensified that the US Federal Reserve might implement another rate hike, driven by persistent inflation reports. However, the latest labor...

B-Market Surges: Realty Leads Gains as Nifty Concludes Third Straight Session of Rally Indian equity benchmarks extended their upward trajectory on July 3, completing a third consecutive session of gains. The rally saw strong buying momentum across several key sectors, supported by robust performances in IT, Pharma, and Metal stocks.The Nifty 50 closed at 24,270.85, rising 95.15 points or 0.39 percent. Earlier in the session, the index reached an intraday high of 24,378.15 before profit booking moderated some of the earlier surge.The BSE Sensex also recorded a positive close, gaining 261.79 points or 0.34 percent to settle at 77,763.91. For the week, both major indices recorded nearly 1 percent gains. Broader market segments showed...

Dividend Yield Fund Launches: WhiteOak Capital Bets on Stable Stocks for Long-Term Income and Capital Appreciation WhiteOak Capital Asset Management Limited has introduced the specialized WhiteOak Capital Dividend Yield Fund. This new open-ended equity scheme is specifically designed to cater to investors seeking a blend of regular income generation and sustained long-term capital appreciation within the Indian equities market. The fund aims to achieve these dual objectives by concentrating its investments predominantly in dividend yielding stocks and related instruments.The launch positions the fund as a focused play on high-quality companies that are financially robust enough to consistently distribute dividends while offering...

Govt Pivots to Dedicated AI Law as Crackdown on Deepfakes Intensifies in India India is set to pursue a dedicated regulatory framework for artificial intelligence, signaling a major shift in how the government views and manages rapidly advancing AI technologies. IT Secretary S Krishnan announced that while existing laws have initially addressed concerns regarding deepfakes and synthetic content, additional, specific legislation may be necessary. This move comes as policymakers globally grapple with the risks posed by generative AI, including misinformation and online harms.Why India Needs Dedicated AI Regulation IT Secretary Krishnan confirmed that the conversation surrounding specialized AI regulation has begun. He stated that his...

Lords Mark Industries Acquires 30% Stake in Aivita Private Limited to Boost Healthcare Ecosystem Lords Mark Industries Ltd has completed a strategic acquisition, securing a 30% equity stake in Aivita Private Limited. The transaction was executed on July 3, 2026, marking a move aimed at strengthening India's advanced medical technology and healthcare ecosystem.Aivita Private Limited is a burgeoning healthcare technology company focused on building the execution and intelligence layer for robotic surgery across India. Through this investment, Lords Mark Industries aims to accelerate the deployment of robotic surgical platforms, enhance surgeon training capabilities, and improve the utilization of advanced medical infrastructure...

Gulshan Polyols Ltd Allocated Order for Supplying Country Liquor in Madhya Pradesh Gulshan Polyols Limited has received an order from the Excise Department of Madhya Pradesh, securing a contract to supply Country Liquor within the state. The allocation is slated for the 2026-27 period.The company has been granted this significant order to provide Country Liquor totaling an approximate quantity of 103.6 lakhs proof litres. This supply mandate covers several districts across Madhya Pradesh, including Betul, Chhindwara, Sidhi, Singrauli, Pandhurna, and Balaghat.GULPOLY Stock Price Movement Gulshan Polyols Limited saw its stock edging higher as the market closed today, settling at approximately ₹190.93 after gaining 1.38%. The equity...

Cera Sanitaryware Receives Reaffirmed Credit Ratings from Crisil on Bank Facilities and Commercial Papers Cera Sanitaryware Ltd has received credit ratings from Crisil Ratings Limited for its Bank Facilities and Commercial Papers, reaffirming the company’s financial standing. The ratings were issued by the agency on July 2, 2026.Crisil provided assessments covering both long-term and short-term ratings for the bank facilities, as well as a rating for the commercial paper of the company.According to the summary of the credit ratings received from Crisil Ratings Limited, the details are as follows:InstrumentAmountRating (Long Term)Rating (Short Term)StatusBank Loan FacilitiesRs. 100 CroresAA/StableA1+ReaffirmedCommercial...

Associated Ceramics Limited Approves Voluntary Delisting from Calcutta Stock Exchange The Board of Directors of Associated Ceramics Limited approved the voluntary delisting of its equity shares from the Calcutta Stock Exchange (CSE) during a meeting held on July 03, 2026.The company formally approved the decision to voluntarily delist its equity shares from CSE in accordance with relevant regulations concerning the delisting of equity shares.The Board meeting commenced at 1:30 p.m. and concluded at 3:00 p.m., formalizing the approval of this corporate action by Associated Ceramics Limited.PPLPHARMA Stock Price Movement Piramal Pharma Limited saw its stock rally today, finishing in the post-market session at a gain of 4.58% to...

Sonata Software Reassures Market After Noting Significant Volume Increase Sonata Software Ltd has responded to inquiries regarding the recent significant increase in its security volume across exchanges, reaffirming that all material information impacting the company's operation and performance has been promptly disseminated.The company confirmed that it is aware of the heightened trading activity concerning its stock. In addressing market concerns related to the volume movement, Sonata Software stated that disclosures pertaining to any events and information that could potentially affect the company’s operations and performance have been furnished to the exchanges as necessary.Furthermore, the company declared that it is not privy...

Kore Digital Secures MoU for AI Green Data Center Project in Navi Mumbai Kore Digital Limited has executed a Memorandum of Understanding (MoU) marking Phase-I of its proposed massive AI Green Data Center project. This development initiative is set to establish a significant infrastructure presence in Navi Mumbai, Maharashtra.The agreement details the initial phase investment and operational scope of the sophisticated data center. Kore Digital Limited will serve as the execution and communication infrastructure partner for this undertaking.The project details are summarized below:FeatureDetailsProject NameAI Green Data Center 1560 MWLocationNavi Mumbai, MaharashtraPhase I InvestmentINR 5,000 CroreDirect/Indirect...