Markets

Maruti Suzuki Reports Production Volumes for June 2026 Maruti Suzuki India Limited released its production figures for the month of June 2026, detailing performance across various vehicle segments compared to the same period in the previous year. The Grand Total production for the company stood at 178,024 units in June 2026, up from 127,545 units in June 2025.The production breakdown highlights robust performance across Passenger Vehicles (PV) and Light Commercial Vehicles (LCV). The total number of Passenger Vehicles manufactured reached 174,839 units in June 2026, compared to 125,392 units in June 2025.Performance by sub-segment for the month includes:CategorySub-segment/Model ExamplesProduction in June 2026Production in June...

Advent Hotels International Acquires Preference Shares of BDP to Streamline Security CreationThe Board of Directors of Advent Hotels International Ltd approved a transaction aimed at consolidating ownership within its subsidiary, BD and P Hotels (India) Private Limited ('BDP'). The company decided to acquire the entire preference shareholding of BDP from existing preference shareholders.The acquisition involves 10,95,000 nine percent Non-Cumulative Redeemable Preference Shares of BDP, each having a face value of Rs. 100. The transaction carries an approximate consideration of Rs. 10,95,00,000 and is set to be completed within 30 days or by such a period extended with the mutual consent of both parties.This acquisition will allow...

Zee Entertainment Enterprises Approves Preferential Warrant Issue and Introduces Employee Stock Option Plan Zee Entertainment Enterprises Limited announced key outcomes from its Board of Directors meeting held on July 1, 2026, approving the issuance of fully convertible warrants and instituting a new employee stock option plan. These decisions are set to impact the company's capital structure and future talent incentive framework.The Board considered and approved the issue of up to 24,94,85,563 fully convertible warrants through a preferential allotment to Sunbright Mauritius Investments Limited, a Promoter Group entity. The total issue size for these warrants is set at up to ₹ 31,43,51,80,938.The terms of the warrant issuance are...

V Marc India Limited Revises Record Date for Bonus Issue Entitlement V Marc India Limited has revised its record date pertaining to the eligibility of shareholders for the upcoming Bonus Equity Share issue. The revision follows internal review and is designed to determine the entitlement of existing shareholders regarding the bonus offer.The company previously set a record date of Friday, July 03, 2026. Following the necessary changes, the official Record Date has been revised to Tuesday, July 07, 2026. This change will be used for determining which equity shareholders are entitled to receive the bonus shares.The Bonus Issue offers existing shareholders a ratio of 5 new Equity Shares of ₹10/- each for every 1 existing Equity Share...

Weizmann Limited Schedules 39th Annual General Meeting, Announces Record Date and Book Closure Dates Weizmann Limited has announced details regarding its upcoming 39th Annual General Meeting (AGM), setting crucial dates for shareholders concerning dividend entitlement and the annual meeting procedures. The AGM is scheduled to take place on Thursday, July 23, 2026, at 3:30 p.m., which will be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM).The company has designated Thursday, July 16, 2026, as the Record Date. This date is set for determining members who are entitled to receive dividends for the financial year ended March 31, 2026. Furthermore, the cut-off date for shareholders eligible to vote on resolutions...

Aster DM Healthcare Limited changes name post amalgamation; Authorized Capital set at INR 1,051 Crore The merger between Quality Care India Limited (QCIL) and Aster DM Healthcare Limited has concluded, with the combined entity commencing operations under a new framework. The Scheme of Amalgamation officially became effective on July 1, 2026.The merged company is now positioned as Aster DM Quality Care India Limited, subject to receiving a fresh Certificate of Incorporation from the Registrar of Companies in Telangana. This change follows the successful completion of all conditionalities required under the scheme.Strategic Changes and Promoter Status Update With the amalgamation, BCP Asia II Topco IV Pte. Limited has been designated...

CIL and Subsidiaries Report E-Auction Results for Coal Products in June 2026 and FY2026-27 Coal India Limited (CIL) and its associated subsidiaries have released the provisional data detailing the performance of their Single Window Mode Agnostic (SWMA) e-auctions for coal and coal products spanning two key periods. The results include metrics on quantity offered, allocation levels, and percentage increase over the Notified Price across all entities.The auction details cover operations in June 2026 as well as the first quarter of the Financial Year 2026-27 (April to June 2026). These data provide insight into market absorption rates and pricing trends for coal products offered by the various CIL subsidiaries.E-Auction Performance...

NLC India Subsidiary Wins Award for Setting Up 600 MW Solar ProjectsNLC India Limited's Wholly Owned Subsidiary, NLC India Renewables Limited (NIRL), has secured a significant contract for setting up solar power projects in Uttar Pradesh. The company received a Letter of Award from Bundelkhand Saur Urja Limited, which is a Joint Venture of NHPC Limited and UPNEDA.The project involves establishing Solar Power Projects totaling 2x300 MW at the Jalaun Solar Power Park. This undertaking is part of a larger 1200MW park located in District Jalaun, Uttar Pradesh.NIRL secured the contract through Tariff based Competitive Bidding process. The award marks a key development for renewable energy projects within the region and affirms NIRL's...

Prudential and HCL Land Major India Health Insurance License as Standalone Sector Surges The Indian insurance sector received a major boost on June 29 when the Insurance Regulatory and Development Authority of India (IRDAI) granted the final R3 certificate of registration to Prudential HCL Health Insurance Ltd. This landmark decision clears the path for the joint venture, bringing UK-based Prudential Group and India's HCL Group into standalone health insurance operations.The approval comes as a strong signal from the regulator to deepen insurance penetration across the country. With this new entrant, the number of standalone health insurance companies operating in India has now risen to eight. This registration marks the third such...

Faze Three Limited Secures Approval Under Government's Production Linked Incentive Scheme Faze Three Limited has received approval under the Production Linked Incentive (PLI) Scheme of the Government of India, marking a significant development for the company in the manufacturing sector.The approval was granted on July 1, 2026, specifically covering the MMF Fabrics and Technical Textiles segment.Under the terms of the PLI scheme, Faze Three Limited will benefit from incentives tied to incremental sales. The incentive payment structure is based on the additional sales achieved by the company for eligible products beyond the base year sales as defined within the PLI Scheme.FAZE3Q Stock Price Movement Today, shares of Faze Three...

Hero MotoCorp Invests Over Rs 3,200 Crore in Andhra Pradesh for New Global Parts Centre in Tirupati Hero MotoCorp Ltd., a major global manufacturer of two-wheelers, has committed an investment exceeding Rs 3,200 crores in Andhra Pradesh. The commitment includes the foundation stone laying ceremony for its second Global Parts Centre (GPC) in Tirupati, which is earmarked with an initial investment of over Rs 750 crores.This landmark investment aims to position Tirupati as a globally competitive manufacturing and electric mobility hub, reinforcing Hero MotoCorp's global supply chain and strengthening India's presence in the automotive and EV ecosystem.The new Global Parts Centre will function as a strategic nerve center for Hero...

Bharat Goyal Appointed as Chief Financial Officer at Studds Accessories Limited Studds Accessories Limited has announced significant changes in its senior management personnel, effective July 01, 2026. The company appointed Mr. Bharat Goyal as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).In addition to the appointment of Mr. Goyal, the company confirmed that Mr. Manish Mehta will transition from his previous role as CFO and KMP to a Senior Management position within the organization. Mr. Mehta has been designated as the Vice President Taxation & Compliance, effective July 01, 2026.This management restructuring was undertaken following a deliberate review for strategic organizational changes at the...

IPO-bound Ujin Pharma Buys Stake in Shreedhar Spinners Amid Market Debut Rally The market saw significant institutional movements across several micro-cap stocks on July 1, with IPO-bound companies demonstrating strong interest in established firms. Ujin Pharma has acquired a substantial equity stake in the cotton yarn maker, Shreedhar Spinners, signaling confidence in the company's growth trajectory.Shreedhar Spinners drew considerable buying attention during its debut on NSE Emerge. The stock saw a healthy rise of 7.74 percent, trading at ₹57.1 per share, significantly above its issue price of ₹53. This positive market reception highlights strong foundational appeal for the Maharashtra-based company.Institutional Inflows Boost...

Gold and Silver Prices Drop as Dollar Strength and Rate Hike Fears Plague Bullion Markets Bullion prices saw a significant decline in early trade on July 1, driven primarily by the strengthening US dollar and mounting concerns over rising interest rates. These factors diminished the appeal of the non-yielding assets globally. Both international spot gold and silver witnessed dips as investors reacted to the tightening monetary outlook from global central banks.International Gold and Silver Commodity Slump The international market saw a downturn across key metals. Spot gold slipped 1.09 percent, settling at $3,994.40 per ounce during the morning trade on Comex. Concurrently, silver edged down by 2.93 percent, trading at $57.73 per...

ANI Integrated Services Secures Draft Manpower Service Contract with Reliance Industries Limited ANI Integrated Services Limited has received a Draft Contract Order from Reliance Industries Limited (RIL) for providing manpower services related to operation and maintenance activities. The contract awards significant scope, spanning five years, and involves a substantial financial commitment.The order confirms the supply of specialized manpower resources for operational upkeep at RIL facilities. Reliance Industries Limited was identified as the domestic entity awarding the contract to ANI Integrated Services Limited.Key details regarding the Draft Contract Order include:ParticularsDetailsAwarding EntityReliance Industries...

SEBI Proposes 'Silence Means Yes' Rule for AIFs, Boosting Operational Efficiency and Governance Standards Standardising Investor Consent in Alternative Investment Funds (AIFs) The Securities and Exchange Board of India (SEBI) has proposed a significant regulatory shift by suggesting a framework where the silence of an investor is treated as consent in certain matters pertaining to Alternative Investment Funds (AIFs). This proposal aims to standardize and streamline the process of obtaining investor approval, particularly for high-net-worth individuals and institutional investors.This initiative is part of a consultation paper released on Tuesday. It seeks to strengthen safeguards around conflict-of-interest transactions while making...

Ram Ratna Wires Recommends 50% Dividend on Equity Shares; Sets July 22 Record DateRam Ratna Wires Limited has announced a recommended final dividend for its shareholders, setting a specific record date for the payment of the payout. The Board of Directors at its meeting held on May 26, 2026, decided on a final dividend of Rs. 2.50 per equity share.The proposed dividend represents 50% of the face value of the company’s equity shares, which are valued at Rs. 5.00 each. This dividend is subject to approval by the shareholders during the ensuing Annual General Meeting (AGM).To facilitate the disbursement, Ram Ratna Wires Limited has fixed Wednesday, July 22, 2026, as the Record Date for determining which members are eligible to...

Global Recycling Surge: India Dominates Sustainable Ship Disposal as 3 Yards Win EU Recognition India's Ascendancy in Maritime Sustainability with Market Share Growth India has solidified its global leadership in sustainable ship recycling, driven by robust investment and commitment to environmentally sound practices. The nation's share in worldwide ship recycling rose significantly from 30.1% in 2024 to 35.4% in 2025, according to the latest UN Conference on Trade & Development (UNCTAD) estimates.During 2025, India recycled a substantial 2.99 million gross tons (GT), marking nearly 60% growth compared to the 1.86 million GT processed in 2024. This achievement underscores the effectiveness of India's regulatory framework and...

Foreign Debt Inflows Surge to Record High as Tax Cuts Spark Global Investor Frenzy in Indian Bonds Foreign investment into India’s sovereign debt has hit an unprecedented peak, driven by major policy shifts aimed at making the country a more attractive destination for global capital. The influx marks a significant rebound moment for the South Asian market following months of sluggish performance.Clearing Corp. of India Ltd. data reveal that foreign funds injected a massive Rs 41,800 crore ($4.4 billion) into fully accessible debt last month alone. This figure is nearly double the previous monthly record of Rs 23,900 crore established in August 2024.The dramatic surge is directly attributed to the government’s June 5 decision. By...

Share Sale by Sundara (Mauritius) Limited Puts iValue Infosolutions at Risk of Major Stake Reduction iValue Infosolutions Limited announced today that its shareholder, Sundara (Mauritius) Limited, had sold a significant stake in the company, marking a reduction in the shareholder's holding.The sale of equity shares by Sundara (Mauritius) Limited was completed on June 30, 2026. The transaction took place through the open market, with Sundara selling 5,698,416 shares representing 10.43% of the company's share capital.The shareholder informed iValue Infosolutions regarding this transaction on July 1, 2026 at 15:53 PM (IST). Following the open market sale, Sundara (Mauritius) Limited holds Nil post-sale shareholding in iValue...