Vedanta Power Ltd reported a 38% year-on-year increase in power sales to 5,225 million units in the first quarter of FY27, compared with 3,784 million units a year earlier. The growth was led by Meenakshi Energy Ltd, where power sales surged 245% year-on-year and 16% sequentially to 1,350 million units. The company said the sharp…
Vedanta Oil and Gas Ltd reported a 17% year-on-year decline in its average daily gross operated production for the quarter ended June 30, with output falling to 77.7 kboepd (thousand barrels of oil equivalent per day). Production was also 5% lower sequentially. Average daily working interest production stood at 51.1 kboepd, down 16% year-on-year and…
Investors holding eligible Sovereign Gold Bonds (SGBs) issued between 2019 and 2021 can opt for premature redemption in July 2026 after completing the mandatory five-year holding period. The Reserve Bank of India (RBI) has announced the redemption schedule for eight eligible SGB tranches, allowing investors to redeem their bonds before the full eight-year maturity. However,…
CreditAccess Grameen reported an 11.9% year-on-year rise in disbursements for the first quarter of FY27, with total disbursements reaching ₹6,107 crore, according to its interim business update. The update comes at a time when investors are closely tracking whether the microfinance sector is emerging from the asset-quality stress seen over the past year. The microfinance…
Prestige Estates Projects Ltd. has entered into an investment agreement to acquire a 50% stake in Advent Convention and Hotels International Ltd. for up to ₹504 crore in cash, the company said in a regulatory filing. The acquisition will be completed by the company and/or its wholly owned subsidiary and is expected to be finalised…
State-owned NBCC (India) Ltd on Friday (July 3) said it has received work orders worth approximately ₹132.28 crore for construction projects in Assam and Odisha, according to its regulatory filing. The contracts include construction of permanent campuses for Jawahar Navodaya Vidyalayas (JNV) in South Salmara and West Karbianglong districts of Assam, each valued at approximately…
Bandhan Bank reported steady loan growth in the first quarter of FY27, with gross advances rising 16.4% year-on-year to ₹1.56 lakh crore, although growth was largely flat on a sequential basis at 0.8%. Total deposits stood at ₹1.65 lakh crore at the end of the June quarter, up 6.6% from a year ago but down…
Private sector lender IndusInd Bank Ltd on Friday (July 3) reported a 2.3% year-on-year decline in net advances to ₹3,26,171 crore as of June 30, 2026, according to its Q1 FY27 business update. On a sequential basis, net advances rose 3.3% compared with ₹3,15,871 crore in March 2026. Total deposits increased 4.5% year-on-year to ₹4,14,992…
Fortis Healthcare has signed an operations and management (O&M) agreement with Odisha-based Dion Group to operate a 300-bed greenfield multi-specialty hospital in Cuttack, marking the company’s entry into the state, according to an exchange filing on Friday, July 3. The hospital will be developed at Dion Riverside Township in Trishulia, Cuttack, and is expected to…
Edible oil company AWL Agri Business Ltd on Friday (July 3) reported mid-single-digit volume growth in Q1 FY27, driven by strong performance in its Food & FMCG portfolio, alternate channels and Industry Essentials segment, according to its quarterly business update. The company said the quarter marked sustained momentum in its Food & FMCG business, supported…
