Editorial
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Gaja Alternative Asset Management IPO: Rs 579 Crore Issue Opens Aug 19
Gaja Alternative Asset Management’s IPO opens Aug 19-21, 2026, aiming to raise up to Rs 579 crore. Details on share allocation and price band revealed.

Greaves Cotton Acquires Full Control of Excel Controlinkage
Greaves Cotton finalizes 100% acquisition of Excel Controlinkage, bolstering its commercial vehicle segment and diversified mobility ecosystem.

Call Rates Drop to 4.90% as Demand Eases
Interbank call rates fell to 4.90% on Monday from 5.25% Friday, reflecting eased demand for short-term funds at the start of the reporting cycle.

Indigo Paints Stock Surges 61% on Strong Q1 Profit
Indigo Paints’ Q1FY27 net profit soared 61.07% to Rs 41.75 crore, driving its stock price up on the BSE and boosting investor confidence.

Mahindra Scorpio Lifestyler Pickup: India Launch by 2027
Mahindra & Mahindra gears up to launch the Scorpio Lifestyler pickup truck in India by April 2027, with prices expected to start under Rs 19.79 lakh.

Reliance Industries Partners with Rolls-Royce for AMCA Engine Program
Reliance Industries shares rise on potential AMCA engine program partnership with Rolls-Royce, aiming for indigenous combat engine development in India.

Gujarat Cotex Ventures into Edible Oils and Real Estate
Gujarat Cotex expands beyond fabric trading, launching Prabhat Oils and Prabhat Infratech to enter the edible oils and real estate markets, seeking new growth avenues.

Ola Electric Launches New Battery Energy Storage Systems
Ola Electric expands into power solutions with its new BESS portfolio, including Shakti and Mahashakti, for residential, commercial, industrial, and utility-scale needs.

TD Power Systems Seals 10-Year Siemens Energy Manufacturing Deal
TD Power Systems secures a 10-year manufacturing agreement with Siemens Energy for 2-pole Generators, boosting global presence and revenue visibility.

Refex Industries Secures Rs 40.83 Cr Ash Transport Contract
Refex Industries shares climb 1.97% to Rs 302.75 after winning a Rs 40.83 crore contract for ash transportation over 12 months. Boosts investor confidence.

Hazoor Multi Projects Stock Surges on Rs 28.47 Cr NHAI Order
Hazoor Multi Projects’ shares jumped 4.65% to Rs 21.82 after securing a Rs 28.47 crore NHAI order for user fee collection and maintenance in Tamil Nadu.

DMR Engineering Wins Rs 1.66 Cr Maharashtra Power Project LoA
DMR Engineering leads consortium to secure Rs 1.66 crore LoA from Power Finance Corporation for 1500MW Tarali Pumped Storage Project in Maharashtra.

Indian Rupee Drops as RBI Alters Forex Swap Deadline
The Indian Rupee weakened against the USD as the RBI unexpectedly shortened its forex swap deadline for non-resident deposits, impacting dollar inflow expectations.

Saatvik Solar to Build 3.6 GW Cell Plant in Odisha
Saatvik Solar inks MoU with Odisha govt for a 3.6 GW solar cell manufacturing facility in Gopalpur, boosting renewable energy production and creating jobs.

Saatvik Solar Expands to Odisha with 3.6 GW Cell Facility
Saatvik Solar Industries inks MoU with Odisha Govt for a 3.6 GW Phase II Cell Facility, bolstering renewable energy manufacturing capacity.

Voltas & Atomberg JV: High-Efficiency AC Compressors in India
Voltas and Atomberg Innovation partner for a joint venture in India, focusing on manufacturing high-efficiency AC compressors to boost the domestic market.

India’s EV Exports Surge to Europe in Q1FY27
India’s electric vehicle exports skyrocketed in Q1FY27, reaching $369 million, with Europe, particularly Spain and the UK, leading demand.

BEML Secures $6.65M Mauritius Order for African Expansion
BEML wins $6.65M Mauritius order for BE220G Hydraulic Excavators, targeting key African markets like Sierra Leone with comprehensive support.

Ashok Leyland Q1FY27 Profit Up Marginally to ₹615.81 Cr
Ashok Leyland reports a marginal 0.78% rise in Q1FY27 consolidated net profit to ₹615.81 crore, with total income up 12.29%. Standalone profit also sees growth.

Kalpataru Projects Wins ₹3,526 Cr Orders
Kalpataru Projects International (KPIL) announces a significant boost with ₹3,526 Crores in new orders, strengthening its project pipeline and market position.

Admach Systems Lands Rs 1.59 Cr Order, Order Book Hits Rs 68.37 Cr
Admach Systems secures a Rs 1.59 crore order for a Bar Handling System, expanding its total order book to Rs 68.37 crore. Project to be completed in 7 months.

Kalpataru Projects Wins Rs 3,526 Cr Orders
Kalpataru Projects International secures Rs 3,526 crore in new orders, strengthening its EPC and T&D operations across India’s infrastructure and residential sectors.

Mini Diamonds India Lands Rs 14.25 Cr Lab-Grown Diamond Order
Mini Diamonds (India) secures a substantial Rs 14.25 crore domestic order for cut and polished lab-grown diamonds from an existing Mumbai-based client.

GYFTR Partners with PNB for 3-Year Gift Voucher Service
GYFTR inks a 3-year service agreement with Punjab National Bank to enhance customer engagement via a dedicated microsite for gift voucher and coupon reselling.

Ace Software Exports Stock Surges 3.51% After Full Ace Infoworld Acquisition
Ace Software Exports stock jumps 3.51% to Rs. 199.00 after acquiring the remaining 1.38% stake in Ace Infoworld, making it a wholly-owned subsidiary.

Minda Corp Invests Rs 18 Cr in Spark Minda Toyodenso JV
Minda Corporation secures board approval for an Rs 18 crore investment in its Spark Minda Toyodenso India joint venture, boosting its total stake to Rs 60 crore.

Indian Bond Yields Flat Ahead of Auction; Global Factors Impact
Indian bond yields held steady Friday as investors awaited auction results. Global Treasury yields dipped, while oil prices stabilized, influencing domestic market sentiment.

Bhandari Hosiery Profit in Mixed June Quarter
Bhandari Hosiery Exp reports Rs 12.97 million profit in June 2026 quarter, contrasting with losses from other firms like Trade-Wings.

Horizon Industrial Parks IPO: Rs 2737 Cr Launch on Aug 17
Horizon Industrial Parks announces its Rs 2737.35 crore IPO opening August 17, 2026. Details on price band, allocation, and listing on BSE/NSE.

Ajwa Fun World & Res Narrows Net Loss by 80% in June 2026 Quarter
Ajwa Fun World & Res significantly reduces net loss to Rs. -0.37 million in June 2026 quarter, an 80% improvement driven by a surge in other income.