34m ago
Sindhu Trade Links secures BSE, NSE in-principle nod for preferential issue of 30,04,55,030 shares and 9,71,76,757 CCPS
Sindhu Trade Links Limited said it has received in-principle approvals from BSE and the National Stock Exchange of India Limited (NSE) for a preferential allotment of equity shares and Compulsorily Convertible Preference Shares (CCPS). The proposed issuance comprises 30,04,55,030 equity shares and 9,71,76,757 CCPS, each with a face value of Re. 1/ and an issue price not less than Rs. 23.20/ each. The company said the in-principle approvals are procedural and do not amount to approval for listing of the securities. Separate compliance with applicable listing requirements will be required after allotment.
34m ago
49m ago
GF Securities cuts Apple to Hold on iPhone 18 Pro $200–$300 cost increase warning
GF Securities analyst Jeff Pu downgraded Apple to “Hold,” citing what he described as a once-in-a-century surge in memory prices and an expected $200–$300 rise in costs for the iPhone 18 Pro lineup. Apple CEO Tim Cook said on the company’s Q3 earnings call that memory pricing is seeing “exponential increases,” which he characterized as a “100-year flood.” The shift has pressured expectations for Apple’s hardware gross margins and has spilled over to assets tied to the memory supply chain.
49m ago
1h ago
Blue Dart posts Q1 FY27 revenue of ₹1,658 crore and ₹87 crore profit after tax, up 85%
Blue Dart Express reported Q1 FY27 revenue from operations of ₹1,658 crore, up from ₹1,442 crore in Q1 FY26. Profit after tax rose to ₹87 crore for the quarter. The company said results reflected disciplined execution and operational resilience despite a challenging external environment and higher operating costs. It also cited continued use of its integrated air-and-ground network and technology-enabled operations to deliver time-definite logistics services across industries.
1h ago
2h ago
Rekvina Laboratories open offer draws about 50% subscription, promoters’ stake rises to 64.30%
Rekvina Labs has completed a mandatory open offer run from July 1, 2026 to July 14, 2026. The promoters sought to buy 26% of the company but received tenders for about 50% of that target, totaling 14,41,863 shares. After the transaction, the promoters’ combined holding increased to 64.30% while public shareholding fell to 23.00%, still meeting the exchange’s minimum public shareholding requirement. The move is described as a typical control-consolidation step in India/Southeast Asia-listed companies, without cross-border regulatory changes or system-wide market impact.
2h ago
2h ago
Jio Financial Services sets August 10 record date for Rs 0.60 final dividend
Jio Financial Services has set August 10 as the record date for its final dividend of Rs 0.60 per share for the financial year ended March 31, 2026. Only shareholders holding the stock in their demat accounts on that date will be eligible, subject to approval at the upcoming AGM. The company announced the dividend in April and the dividend yield stands at 0.19%. In its first quarter results, consolidated net profit rose 155% year-on-year to Rs 830 crore and revenue from operations climbed 227% to Rs 2,004 crore.
2h ago
2h ago
ExxonMobil and Chevron report $26.5 billion in combined Q3 2023 profit as lawmakers target oil majors
ExxonMobil and Chevron reported a combined $26.5 billion in net profit for the third quarter of 2023. Exxon posted $14.5 billion in earnings, doubling from a year earlier, while Chevron reported $12.0 billion, up $9.6 billion year over year. With the U.S. average gasoline price above $4 a gallon and midterm elections approaching, members of Congress are blaming high pump prices on oil-company windfalls. The developments are closely tied to crude commodity prices and the fundamentals of the two oil stocks.
2h ago
2h ago
Vellora Impact swings to ₹7.90 crore Q1 profit as revenue rises to ₹141.92 crore
Vellora Impact Limited reported a net profit of ₹7.90 crore for the quarter ended June 30, 2026, reversing a net loss of ₹2.11 crore in Q1FY26. Revenue from operations rose to ₹141.92 crore from ₹1.17 crore a year earlier. Earnings per share came in at ₹14.19, compared with ₹(3.79) in Q1FY26. The board has approved a rights issue plan for existing shareholders, subject to approval via postal ballot and the Bombay Stock Exchange Limited.
2h ago