Rossari Biotech expects business growth to strengthen over the coming quarters as its recent capacity additions are ramped up and overseas operations expand, said Sunil Chari, Co-founder and Managing Director of the Indian speciality chemical manufacturer. Chari said the company is also exploring opportunities in Saudi Arabia and expects its new facilities to contribute meaningfully…
US stock futures moved higher on Monday, July 20, as investors tracked developments in the US-Iran conflict, a pullback in oil prices, and looked ahead to a key week of Big Tech earnings. Futures linked to the S&P 500 rose 0.5%, while Nasdaq-100 futures gained around 1%. Dow Jones Industrial Average futures were up 180…
Bengaluru-based realty firm Sobha Ltd on Monday reported a 264.3% year-on-year jump in net profit to ₹51 crore for the first quarter, compared with ₹14 crore in the corresponding period last year. Revenue from operations increased 50% to ₹1,278.1 crore from ₹851.9 crore a year ago. The company’s earnings before interest, taxes, depreciation and amortisation…
Midwest Energy has commenced commercial production at its 1.2 GWh Battery Energy Storage System (BESS) manufacturing facility in Bengaluru and expects the plant to generate around ₹1,000 crore in annual revenue at full capacity, Soumya Kukreti, CEO and Director of Midwest Energy and Midwest Advanced Materials told CNBC-TV18 on Monday. The company has invested around…
Canara HSBC Life Insurance Company Ltd on Monday (July 20) reported a 20.3% year-on-year growth in net profit to ₹28.1 crore for the first quarter of FY27, compared with ₹23.4 crore in the year-ago period. The insurer’s net premium earned increased 23.8% to ₹2,047.5 crore from ₹1,653.4 crore in the corresponding quarter last year. The…
Can Fin Homes expects its assets under management (AUM) to grow 14% by the end of FY27, up from 10.4% last year, as strong loan disbursements translate into a larger loan book, according to Suresh Iyer, Managing Director & CEO of Can Fin Homes. He said AUM growth in the April-June quarter of 2026 (Q1FY27)…
Non-bank lender Sammaan Capital Ltd (formerly known as Indiabulls Housing Finance), on Monday (July 20) said its Securities Issuance and Investment Committee has approved a cash tender offer to purchase up to $18 million of the outstanding principal amount of its $350 million 9.70% Senior Secured Social Bonds due 2027. The committee also approved the…
“BSE Sensex settled at 77,731.10, down 420.35 points (-0.53%). Immediate support is placed around 77,500–77,300, while resistance is seen near 77,950–78,150. A decisive move above the resistance zone could strengthen the medium-term uptrend,” Arora added. Source link
The equity benchmark indices BSE Sensex and NSE Nifty closed lower on Monday (July 20), although they pared losses from the day’s lows after a “mediation” comment from Iran. The BSE Sensex fell 443 points to 77,708, while the Nifty50 declined 96 points to 24,239, holding above the 24,200 mark. The Nifty Bank index dropped…
Rail Vikas Nigam Ltd (RVNL) on Monday, July 20, said it has emerged as the lowest bidder (L1) for a ₹358.97 crore engineering, procurement and construction (EPC) contract from East Central Railway for rail doubling works in Bihar. The project involves the construction of doubling works on the Kundawa Chainpur (excluding) to Raxaul (excluding) section,…
