NBCC (India) Ltd. on Thursday, July 2, said it secured work orders worth ₹955.13 crore during the quarter ended June 30, in the normal course of business. According to the company’s exchange filing, the orders were awarded across April, May and June and span multiple construction and redevelopment projects across the country. The largest order,…
Renewable energy platform Inox Clean Energy Ltd has raised ₹700 crore from Adar Poonawalla Family Office, through their investment arm, Rising Sun Holdings Pvt. Ltd, at a valuation of ₹70,000 crore, as the company seeks to strengthen its balance sheet and support further expansion. The investment follows an earlier infusion of about ₹800 crore from…
Avenue Supermarts Ltd, which operates the DMart retail chain, on Thursday (July 2) reported its business update for April-June 2026. The retailer reported a 15.1% year-on-year rise in standalone revenue from operations for the quarter ended June 30, 2026. The company’s standalone revenue from operations for the first quarter of FY2026-27 stood at ₹18,343.49 crore,…
Broadband technology firm Sterlite Technologies Ltd (STL) on Thursday (July 2) said it has raised ₹1,500 crore through a qualified institutions placement (QIP), with participation from domestic and global investors. The company said it allotted 2.57 crore equity shares to qualified institutional buyers, taking its paid-up equity share capital to ₹102.78 crore, comprising 51.39 crore…
Foreign institutional investors (FIIs) remained net sellers in the Indian equity market on Thursday, offloading shares worth ₹311.82 crore, according to provisional exchange data. Domestic institutional investors (DIIs), meanwhile, continued to support the market, emerging as net buyers to the tune of ₹1,784.40 crore. Provisional exchange data showed FIIs purchased shares worth ₹14,018.40 crore and…
Adani Enterprises Ltd. and International Resources Holding (IRH), an IHC Group company, on Thursday signed a memorandum of understanding (MoU) with the Government of Odisha to develop a $11.5 billion (₹1.08 lakh crore) integrated greenfield aluminium project in the state. Under the agreement, Adani Enterprises and IRH will form a 50:50 joint venture to execute…
Hindustan Zinc Ltd. on Thursday reported its highest-ever first-quarter mined metal production, with output rising 1% year-on-year to 268 kilotonnes (kt) in the quarter ended June 30, 2026, driven mainly by better ore grades. Company said that saleable metal production increased 4% from a year ago to 260 kt, supported by capacity unlocked through debottlenecking…
Ujjivan Small Finance Bank’s total deposits rose 25.1% year-on-year to ₹48,307 crore from ₹38,619 crore in the June quarter in the financial year 2026-27, supported by a 37.8% increase in current account and savings account (CASA) deposits to ₹12,930 crore. The bank’s gross loan book expanded 28.9% to ₹42,903 crore from ₹33,287 crore a year…
Danish brewing giant Carlsberg has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO) of its Indian business, people familiar with the development said on Thursday. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. With this…
Market Pulse July 3: Global cues remain supportive as US stocks traded higher after weaker-than-expected jobs data reinforced hopes of a prolonged pause in Federal Reserve rate hikes. Domestically, investors will track Adani Enterprises’ ₹10,000-crore QIP launch and developments in energy markets after the government ruled out an immediate fuel price cut. Technically, Nifty’s close…
