Coal India Ltd. has secured a 600 MW solar power project in Uttar Pradesh, while separately reporting that its Single Window Mode Agnostic (SWMA) e-auction platform allocated 108.76 lakh tonnes of coal in June at an average premium of 42% over the notified price.CIL wins major solar project in UPTh…
State-owned NMDC Ltd. on Wednesday reported a 44.3% year-on-year increase in iron ore production to 5.15 million tonnes (MT) in June, while sales rose 11.2% to 3.98 MT.On a sequential basis, however, production declined 3% from 5.31 MT in May, while sales slipped 1.5% from 4.04 MT.Chhattisgarh driv…
Ashiana Housing Ltd reported a decline in bookings for the first quarter of FY27, with the area booked falling to 3.61 lakh sq. ft. from 5.95 lakh sq. ft. in the corresponding period last year. The value of the area booked also declined to ₹357.80 crore from ₹430.97 crore year-on-year.During the Ju…
Tamilnad Mercantile Bank Ltd. reported a healthy business update for the quarter ended June 30, 2026, with strong growth in both deposits and advances, driven by sustained lending momentum.According to the bank's provisional business figures, total business rose 23% year-on-year to ₹1.22 lakh crore…
Bharat Coking Coal Ltd (BCCL) reported a 12.5% year-on-year decline in coking coal production to 2.17 million tonnes (mt) in June, while raw coal offtake remained largely flat at 2.69 mt, according to the company's provisional monthly production performance.Overall raw coal production declined 11.8…
Private sector lender Dhanlaxmi Bank on Wednesday (July 1) reported provisional business updates for the quarter ended June 30, 2026, with total deposits rising 17.1% year-on-year to ₹19,403 crore and gross advances increasing 26.47% to ₹15,785 crore.The bank's total business stood at ₹35,188 crore…
Sai Parenterals Ltd. on Wednesday said its subsidiary, Noumed Pharmaceuticals Pty Ltd., has entered into an exclusive over-the-counter (OTC) medicines supply agreement with one of Australia's leading pharmacy networks.The contract is valued at AUD 202 million, equivalent to around ₹1,300 crore, the…
Pharmaceutical company Lupin Ltd on Wednesday, July 1, said the European Medicines Agency (EMA) has approved an expansion of the marketing authorisation for NaMuscla, allowing its use in pediatric patients with non-dystrophic myotonic disorders (NDM).The approval, supported by the Pediatric Investi…
V2 Retail Ltd reported a strong business update for the first quarter of FY27, with standalone revenue rising 58% year-on-year to ₹997 crore, compared with ₹630 crore in the corresponding quarter of the previous financial year. The company said the performance reflected the strength of its growth s…
Bharti Airtel Ltd. on Wednesday said its wholly-owned subsidiary, Airtel Money Ltd., has commenced commercial operations as a Type II Non-Deposit Accepting NBFC [Type II-NBFC-ND (ICC)], marking a significant step in the telecom operator's expansion into digital financial services.The company inform…
US stock futures edged lower on Wednesday, July 1, as investors turned cautious at the start of the second half of 2026, following a strong first-half rally on Wall Street and ahead of remarks from Federal Reserve Chairman Kevin Warsh that could offer fresh clues on the interest-rate outlook.Future…
Gold is set for a pivotal second half of 2026, with its trajectory likely to be shaped by geopolitical developments, interest rates and investor sentiment, according to the World Gold Council's (WGC) Gold Mid-Year Outlook 2026, released on Wednesday.The precious metal recorded more than 12 all-time…
Lloyds Metalsand Energy reported its highest-ever first-quarter iron ore production of 6.05 million tonnes in Q1FY27, marking a 53% year-on-year increase, as the company said it remains on track to produce 26 million tonnes of iron ore in FY27.The company said the strong performance continued the m…
Karnataka Bank on Wednesday, July 1, reported a 16.59% year-on-year (YoY) increase in gross advances to ₹86,590.11 crore as of June 30, 2026, according to its provisional business update filed with the exchanges.Total deposits rose 6.94% YoY to ₹1,10,411.54 crore, while CASA (Current Account and Sa…
Fintech firm Zaggle Prepaid Ocean Services Ltd has entered into a five-year agreement with Hindustan Petroleum Corp. Ltd (HPCL) on Wednesday, July 1, to support the oil marketing company's flagship fleet programme, Drive Track Plus, the company said in an exchange filing.Under the agreement, Zaggle…
Domestic equity benchmarks rebounded on Wednesday, snapping a two-day losing streak as buying in heavyweight financials, Reliance Industries and automobile stocks helped offset continued weakness in the information technology pack.The Sensex advanced 444 points to close at 76,923, while the Nifty 5…
Tata Motors Ltd. on Wednesday reported a 35% year-on-year increase in total commercial vehicle sales for June, aided by strong growth in both domestic and international markets.Domestic commercial vehicle sales rose 31% to 36,599 units in June from 27,936 units a year earlier. International busines…
Anoop Vijaykumar, Head-Equities at Capitalmind AMC, said the investment firm has limited exposure to IT because of uncertainty around AI's impact on earnings and business models. He said large-cap IT offers better valuation comfort than midcaps, while select mid-sized private banks remain attractiv…
Tata Sons will hold its Annual General Meeting (AGM) on 18 August, with a decision on the reappointment of Executive Chairman N Chandrasekaran expected to be finalised by the board ahead of the meeting, sources familiar with the development told CNBC-TV18.According to the sources, shareholder appro…
Gold and silver prices declined sharply in the domestic futures market on Wednesday (July 1), tracking weakness in global bullion prices amid rising US Treasury yields, firm expectations of higher interest rates, and easing hopes of a near-term diplomatic breakthrough between the United States and…
