FINANCIAL NEWS

Indian Oil Corp snaps up US, UAE crude as India faces US-EU pressure over Russian oil. Signs of diversification emerge amid global scrutiny.

Trump’s idea of India importing oil from Pakistan raises eyebrows. With Pakistan’s tiny reserves, is this policy or political posturing?

Adani Enterprises Q1FY26 net profit falls 49.5% YoY to ₹734.41 crore; revenue declines 13.78% to ₹21,961 crore amid margin pressure.

Bhatia Communications announces final FY25 dividend of ₹0.01/share. Record date was July 4; payout to follow Companies Act timelines.

Kirloskar Brothers appoints ex-Foreign Secretary Harsh Vardhan Shringla as Independent Director for a 5-year term; Board also clears Q1 FY26 unaudited results.

Sun Pharma plans Day-1 launch of Semaglutide in India post patent expiry, sees high opportunity in the market, and monitors global developments impacting its specialty drug portfolio

SJVN Ltd. announces key leadership changes effective July 31, 2025. CFO Sanjay Kumar retires; Chief Internal Auditor Shailender Aggarwal steps down following internal transfer.

HUL shares surge 12% in two days post Q1FY26 results. Brokerages upgrade stock, seeing up to 19% upside on volume growth and portfolio revival.

Indian pharma stocks slide as Trump demands drugmakers slash U.S. prices. Nifty Pharma down 2%, Sun Pharma, Cipla, Lupin among top losers.

PNB Housing Finance shares plunge over 10% as MD & CEO Girish Kousgi resigns; market worries about leadership transition despite strong performance.

PNB Housing Finance declares ₹5 per share final dividend; ex-date is August 1, 2025. FY25 net profit surges to ₹1,936 Cr on robust growth.

Asian shares fall after Trump’s new U.S. tariffs spark global trade tensions. Investors await key U.S. jobs data for Fed rate cut clues.

Oil prices hold steady as new U.S. tariffs threaten global demand, while Russian supply fears support Brent and WTI weekly gains.

Netweb Technologies Q1 FY26 profit doubles to ₹30.5 crore, driven by AI-led demand; revenue jumps to ₹301.2 crore.

Nifty falls to 24,754 as Trump imposes 25% tariffs on India; export stocks drag while FMCG gains. Analysts expect near-term market volatility.

Vedanta posts 11.7% YoY drop in Q1FY26 net profit at ₹3,185 crore; revenue rises 5.8% to ₹37,824 crore. EBITDA remains flat, margins compress slightly.

Cyient announces ₹16 final dividend for FY25, taking total annual payout to ₹28 per share. Record date to be announced post AGM approval.

Ambuja Cements posts ₹788 crore net profit in Q1 FY26, up 23% YoY, with record 18.4 MT sales and 23% revenue growth. Stock slips 2% post results.

TVS Motor posts 35% YoY rise in Q1FY26 net profit to ₹779 crore, revenue up 20% to ₹10,081 crore; company reports record-high quarterly sales.

Nifty Bank rebounds 750 pts from day's low as Trump tariff fears ease. Kotak Mahindra, ICICI, and Axis Bank lead the private banking rally.

Sensex rebounds 650 pts, Nifty tops 24,800 as falling crude, rupee recovery, and positive US-India trade cues lift market sentiment.

Sri Lotus Developers' ₹792-crore IPO sees 5x overall subscription on Day 2, led by strong QIB and NII demand. GMP surges to ₹196, signaling robust investor interest.

Dalal Street recovers from early losses as investors eye softer US tariffs; FMCG stocks rally while IT, pharma, and realty drag.

Textile stocks plunge up to 9% as US President Trump announces 25% tariff on Indian imports from August 1. Exporters with heavy US exposure hit hard.

HEG stock jumps over 10% as it posts strong Q1 profit and unveils ₹650 crore graphite electrode capacity expansion amid global EV supply shift.

Jio Financial to raise ₹15,825 crore from promoter entities via preferential warrants at ₹316.50 each; stock jumps 3% amid weak market.

Indus Towers Q1 FY26 net profit drops 9.8% to ₹1,737 crore as rising fuel and maintenance costs offset revenue growth and Vodafone Idea payments.

Bengaluru software engineer arrested in ₹379-cr CoinDCX crypto theft. Police say stolen login credentials used to hack financial protocols.

KPIT partners with JSW Motors to build digital backbone for NEVs; collaboration backed by $3B investment with first EV launch due in H2 FY26.

Mahindra & Mahindra prepones board meeting to July 30, 2025, to approve Q1 FY26 results. Trading window remains shut till August 2.

Aditya Infotech IPO sees 2.05x overall subscription; retail investors bid aggressively at 6.52x as issue nears July 31 closing.

Vedant Fashions reports Q1 FY26 net profit of ₹702.57 million and revenue of ₹2.81 billion, driven by strong demand for ethnic wear brand Manyavar.

NSDL IPO sees full subscription in first 3 hours; grey market premium at ₹926 hints at strong listing gains. Allotment on August 2, listing on August 6.

Star Cement to review Q1FY26 results and propose interim dividend on August 8. Trading window closed till August 11, 2025.

Aditya Infotech IPO subscribed 3.9x on Day 2. Strong retail and NII interest drives demand for CP Plus video security firm; issue closes July 31.

Tilaknagar Industries shares dip 4.5% after board clears ₹2,296 crore preferential issue at ₹382 to fund Imperial Blue brand acquisition.

APL Apollo Tubes announces ₹5.75 final dividend for FY25. Record date: Aug 22; AGM via video conferencing on Sep 15 for shareholder approval.

Vedanta to move unclaimed dividends and redemption amounts from FY 2018-19 to IEPF if not claimed by September 30, 2025. Shareholders urged to act.

BCP Topco to sell 4.4 crore shares in Aadhar Housing Finance to AXDI LDII for ₹1,867 Cr. Deal awaits RBI, CCI, and NHB approvals.

Tata Motors stock drops 4% as it enters advanced talks to acquire Italy’s Iveco truck business in a potential $4.5 billion deal.

DIIs invest ₹4 lakh crore in equities in Jan–July 2025, led by mutual funds, insurers, and pension flows, despite FII outflows and weak earnings.

Rupee hits 87.12/$, its lowest in 4 months, after Trump announces 25% import duty on Indian goods starting August 1.

Sensex rises 359 pts, Nifty reclaims 24,800 amid broad-based buying. Realty, metal, and pharma shine; IT lags as TCS layoff fears weigh.

Bengaluru man duped of ₹89 lakh in online trading scam via fake FXRoad platform; police probe underway after victim files cyber complaint.

India advances mandate for Made-in-India solar cells to 2025 to curb Chinese imports and boost domestic manufacturing in line with 500 GW renewable energy target.

Adani Power shares rally 3.5% as board to discuss stock split and Q1 results on August 1. Investors eye capital restructuring and earnings update.

Welspun Corp’s spiral pipe order grows by ₹735 Cr, taking its consolidated order book to nearly ₹19,000 Cr. Execution planned across FY26-FY27.

GAIL to expand clean energy network with 216 new CNG stations and 2.6 lakh PNG connections by FY27; FY26 gas transmission to reach 128 mscmd.

India’s healthcare sector calls for a digital compliance overhaul, citing over 29,000 annual tasks and outdated, fragmented regulations hampering efficiency.

US Trade Rep Jamieson Greer says more talks are needed with India before Aug 1 to finalize a trade deal and avoid 26% tariffs.

Backed by Avenue Capital, Arcil files IPO papers with SEBI; ₹1,000–1,500 crore offer-for-sale to provide exit for SBI, GIC, Federal Bank.

In a policy reversal, IDFC First Bank shareholders approve board seat for Warburg Pincus arm Currant Sea at July 2025 AGM.

M&B Engineering IPO sees 12x subscription; strong demand from retail & HNIs. GMP suggests 17% listing gains as investors eye premium debut.

L&T bags a large ₹2,000–5,000 crore EPC order from Hindustan Zinc to build a zinc cathode plant at the Debari Smelter Complex in Rajasthan.

TVS Motor reports 29% YoY growth in July 2025 sales, with total volumes at 4,56,350 units and record-high exports. EV growth modest due to supply issues.

Reliance Infrastructure responds to media report alleging ₹10,000 crore fund diversion; clarifies actual exposure at ₹6,500 crore, fully disclosed and under recovery through mediation.

India’s manufacturing PMI rises to 58.8 in July, signaling strong factory output, but new US tariffs under Trump may dent export growth and GDP outlook.

ONGC stock dips 2.22% to ₹235.66 as FY25 profit and EPS decline despite revenue growth; remains under pressure on Nifty 50 index.

M&M reports 26% rise in total auto sales to 83,691 units in July 2025, driven by strong SUV demand and new model launches.

Gandhar Oil announces ₹0.50 per share final dividend; ex-date today. Stock falls 2% as investors assess FY25 earnings and dividend yield.

Bitcoin down 1.78%, Ethereum falls 2.94%, but altcoins like AFG, RPK, CTA, and MNRY post sharp gains. Check latest crypto prices and market cap.

RPP Infra Projects wins ₹1.43 crore contract from NLC India for installing a Kone stretcher-cum-passenger elevator at NNTPS.

India Inc reports just 5.4% YoY profit growth in Q1FY26, marking slowest rise in 8 quarters. Revenue and profit fall sharply on a sequential basis.

Nifty slips below 24,750 as US tariff hike under Trump weighs on global mood. FMCG, auto stocks rise; IT, metal, PSU banks drag.

Maruti Suzuki posts Q1FY26 net profit of ₹3,712 crore, up 2% YoY, beating estimates. Revenue rises 8% to ₹38,414 crore.

Meenakshi Steel Industries to consider Q1 FY26 unaudited financial results on August 8; trading window closed from July 1 to August 12.

Paisalo Digital to list $50 million 7.5% FCCBs due 2029 on India INX from July 31, 2025, boosting its global fundraising visibility.

PSU banks see steeper yield drop than private peers in Q1FY26 due to lower returns from retail loans and reduced exposure to high-yield credit.

US President Trump’s new tariffs on India trigger no major market selloff, but experts warn of sentiment impact amid weak earnings and high valuations.

Ajay Bagga says Trump's 25% tariff on Indian exports is likely to be negotiated down. Markets remain calm, India’s structural story stays intact.

Zaggle acquires fintech startup Rio Money for ₹22 crore to expand into the UPI-based consumer credit card segment, boosting its digital payment offerings.

Laxmi India Finance IPO subscribed fully on Day 3; retail investors lead with 1.58x bid. ₹254 Cr issue supports NBFC’s growth plans.

Nifty drops to 24,714, Sensex tanks 460 pts as Trump’s tariffs and Fed policy hit investor sentiment. IT, metal, and realty stocks lead the decline.

Trump’s 25% tariff sparks concerns on India’s US ties; CLSA warns of FII impact, crude supply risk, and weaker export sentiment.

Brigade Hotel Ventures shares debut at ₹81.10 on NSE, a 10% discount to IPO price of ₹90. Strong demand failed to boost listing gains.

Markets tumble after Trump’s 25% tariff shock on Indian exports; Sensex down 500 pts, Nifty below 24,750. India VIX jumps 7% as volatility spikes.

President Trump signs executive order slapping 50% tariff on Brazilian imports, citing threats to U.S. national security and Bolsonaro-linked rights issues.

BEL bags fresh defence orders worth ₹551 crore covering optronics, communication systems, and software, reinforcing revenue pipeline.

Asahi India Glass Q1 FY26 results: Net profit drops 28% YoY to ₹560 Mn; revenue up 8.5% to ₹12.3 Bn; EBITDA margin narrows to 15.65%.

PGHH reports ₹192 crore net profit in Q1 FY26, up 137% YoY; sales grow 1% to ₹937 crore amid strong execution of growth strategy.

Geojit Financial recommends ‘Subscribe’ to NSDL IPO, citing its dominant market share, strong financials, and growth outlook at a fair ₹800 price.

JM Financial says CERC’s 2026 market coupling target is unrealistic; expects IEX market share to drop to 60% by FY30 due to structural hurdles.

ABB India Q2CY25 earnings likely to be mixed; revenue seen rising 11%, but margins may soften. Net profit expected around ₹476 crore.

Schneider Electric to buy remaining 35% stake in Schneider Electric India from Temasek for €5.5 billion, deepening focus on India's growing energy market.

Avenue Supermarts stock gains 2.2% to ₹4,088 as strong revenue and profit growth in FY2025 boost investor sentiment.

Adani Ports’ cash tender offer for US$450 million bonds oversubscribed; 4.2% senior notes repurchase accepted on prorated basis amid strong demand.

HAL announces 62nd AGM on August 28 via video conferencing; record date for FY25 final dividend set as August 21, 2025.

L&T stock surges 4.3% to ₹3,646 after strong Q1FY26 results. Net profit rises 25.7%, EPS improves, and annual revenue crosses ₹2.55 lakh crore.

GNG Electronics makes stellar debut at ₹355 on NSE, up 50% from IPO price of ₹237. IPO saw 147x subscription driven by strong QIB interest.

Nifty trades flat at 24,850, Sensex near 81,400 as Trump’s tariff remarks dent sentiment. L&T jumps 4% post Q1 results; Tata Motors leads laggards.

NASA-ISRO’s 2,393-kg NISAR satellite to launch via GSLV-F16 at 5:40 PM from Sriharikota, marking a major step in global Earth observation collaboration.

SEBI allows Bengaluru startup Xaults to explore fractional share trading, marking a major policy shift that could reshape retail equity investing in India.

Sensex jumps 700+ pts, Nifty tops 24,800 as value buying in IT, metal, realty and easing volatility lift market sentiment.

Lenskart files DRHP with SEBI for ₹2,150 Cr IPO; includes fresh issue and major OFS by SoftBank, Temasek, Premji Invest. FY25 turns profitable.

Gensol Engineering, under CIRP, offers 4,000 used EVs for lease amid SEBI probe and BluSmart fallout; mobility players likely to bid.

IndusInd Bank focuses on governance overhaul, risk control upgrades, and trust restoration in Q1 FY26 after Q4FY25 irregularities.

Premier Energies boosts order book in Q2; Vinay Rustagi sees India’s solar market expanding to 60 GW amid Made-in-India policy push.

R.V. Vishweshwar, ED (Corporate Finance & Treasury) at IOCL, exits senior management effective July 28, 2025, after being appointed Director (Finance) at Hindustan Copper Ltd.

Ather Energy partners with Commerce Ministry to strengthen India’s EV ecosystem under the Build in Bharat initiative, supporting clean mobility and deep-tech startups.

Apollo Micro Systems posts 110% jump in Q1 FY26 profit to ₹17.68 crore, driven by 46% surge in income; raises ₹416 crore via preferential allotment.