Markets

The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26.

The bank's total deposits were also up, as they rose 2.8% sequentially and 18.2% on-year to Rs 13.73 lakh crore.

Allcargo Global, which houses the international supply chain operations of the group, started trading on the exchanges on Friday.

The move reverses an earlier decision to phase out this route and is expected to provide greater flexibility to companies while offering investors another opportunity to exit their holdings.

The exemption will allow the transfer of promoter stakes to the trust as part of the family's succession planning without triggering the open offer obligations under SEBI's takeover regulations.

Supersonic passenger flights could return to US skies as the FAA moves to replace a 50-year overland speed ban with new noise-based rules.

In the previous reporting week, the kitty jumped $963 million to $672.587 billion.

The brokerage said it remains positive on Hitachi Energy India and Siemens Energy India, recommending investors use the recent weakness to accumulate the stocks.

According to the Ministry of Defence, the approvals span anti-drone systems, missiles, air defence platforms, unmanned systems and surveillance capabilities.

Industry analysts expect AI consulting, cloud migration and enterprise AI implementation to remain among the fastest-growing areas within the global IT services market, providing opportunities for firms with deep digital capabilities.

NYSE, Nasdaq and the US bond market remain shut for the Independence Day holiday.

Record zinc production and stronger copper, ferro chrome output drive quarterly operational performance

The FMCG major said it expects to deliver high-teens consolidated revenue growth in the June quarter, comfortably ahead of its full-year guidance of double-digit growth.

Software stocks extend rebound while softer US jobs data boosts hopes of a less hawkish Fed.

It is the first mega deal announced by an Indian IT services company in fiscal year 2027 and only the fourth billion-dollar-plus contract secured by the sector since January 2024.

SEBI has also barred brokers from using securities pledged under the unpaid shares mechanism to raise funding from banks or non-banking finance companies.

The company has said the proceeds from the share sale will be used to fund capital expenditure across its incubation businesses, repay debt and pursue strategic investments and acquisitions.

Market experts shared their insights on fundamentals and technical levels for key stocks.

The NSE Nifty 50 rose as much as 0.8% to 24,378.15, while the BSE Sensex rose as much as 0.85% or 655 points to 78,127.52.

Hospital chain plans to file an updated draft prospectus soon, with the proposed issue expected to be close to $1 billion, sources said.