The Board of Directors of Sheela Foam Ltd. approved the proposal to acquire Interplasp S.L., Spain. The acquisition will pave a way for Sheela Foam Ltd. to venture into Europe, which is the world’s largest polyurethane foam market.

The shares of Bajaj Finance plummeted 6 per cent in Thursday’s trading session as provisions in Q1FY20 surged 69 per cent to Rs. 551 crore from Rs. 327 crore in Q1FY19.

Fitch Ratings downgraded the credit ratings of Tata Motors to BB- from BB, while also lowering its outlook to negative. Following this, the stock experience negative sentiments on Thursday.

RIL reported a steep drop in free cash flows as they declined to the lowest levels seen in the last 11 years. The drop in free cash flows is primarily on account of rising capital expenditure.

Foreign Institutional Investors (FIIs) have continued selling Indian shares throughout this month of July, bringing the total exit value to as high as US$ 1.2 billion so far! 

CG Holdings Belgium NV Systems Division, a wholly-owned subsidiary of CG Power and Industrial Solutions Ltd., bagged a contract for 400 MW wind farm in Saudi Arabia.

Larsen & Toubro’s power business secured substantial orders from Damodar Valley Corporation (DVC).

Brabo Robotics and Automation Ltd. (BRAL) was incorporated as a wholly-owned subsidiary of Tata Motors. The company holds 100 per cent shareholding in BRAL and has subscribed to 50,000 equity shares of Rs. 10 each. All in all, this amounts to a total cash consideration of Rs. 5,00,000.

L&T Hydrocarbon Engineering (LTHE) was awarded yet another mega project in the Marjan Field by Saudi Aramco. This award is received by the consortium of LTHE with EMAS AMC, which is a subsea 7 company.

The WPI Inflation continued its declining trend as it dropped to 2.02 per cent YoY in June 2019 from 2.45 per cent YoY in May 2019, thereby plummeting to a 23-month low.

Merely three indices closed in the green this week, namely: Healthcare, Pharma and Media, while all the others concluded the week on a crimson note.

The shares of Power Grid Corporation of India Ltd. (PGCIL) were up 1.1 per cent in Friday’s trading session at Rs. 207.55. This marks a gain for the third consecutive session.

Reliance Infrastructure Limited and Reliance Power Limited are now in a position to take a breather from their debt issues as their lenders have granted them additional time to resolve their debt-related concerns.

ITC is actively seeking opportunities with companies emerging as start-ups with the intention of capitalising on their innovative capabilities. As such, the company is determined to acquire companies operating in the FMCG space to bolster growth. It is also making investments in start-ups with the intention of developing new cutting edge products.

Hero FinCorp is looking to acquire 100 per cent stake in Reliance General Insurance and is set to make an offer this month.

Jamna Auto Industries Ltd. (JAI) is a manufacturer of auto suspension products such as parabolic/tapered leaf spring, lift axle and air suspension. It operates in the OEM and CV segment.

The shares of Quess Corp sank 20 per cent in today’s trading session. However, this fall is most likely attributable only to market perception.

The board of directors of Eris Lifesciences approved the buyback of the fully paid 17,39,130 equity shares of Re. 1 each. The buyback was initiated at a price of Rs. 575 per share, thereby resulting in a maximum consideration amount not exceeding Rs. 100 crore.

GAIL (India) Ltd. successfully commissioned the 165 km Gorakhpur project under the Pradhan Mantri Urja Ganga (PMUG) national gas pipeline project.

Asian Granito India Ltd (AGIL) received a hearty response from the dealer meet organised during June 16 to July 2, 2019. The company has landed orders to the tune of Rs. 175 crore.

The slowdown in the economy resulted in weak imports, thereby causing India’s Current Account Deficit (CAD) to constrict in the last quarter.

The inflow of foreign investor funds is crucial for the growth of the Indian equity market. India is one of the most coveted investment destination for Foreign Institutional Investors (FIIs).

Friday’s afternoon session witnessed a drop in most sugar stocks after Thursday’s rally.

Thermax Limited anticipates a healthy inflow of orders from consumer-facing industries in the remainder of the financial year.

The shares of Axis Bank sank more than 2 per cent from the day’s high of Rs. 806.65 during Thursday’s trading session. This could be because the bank is mulling over raising funds to the tune of at least US$1.3 billion by means of a share sale to institutional investors.

The shares of Bajaj Finance surged 25 per cent, thereby rendering the company’s stock performance the best in the NBFC sector.

The markets closed at higher levels at the culmination of Thursday’s trading session with the Sensex rising by 1.25 per cent and Nifty50 up by 1.2 per cent. The stock that showcased dramatic gains was Jet Airways as it gained nearly 121.97 per cent!

The sales volumes of automobiles showcased a declining trend across most states of India in the month of May. Merely eight states witnessed YoY growth in vehicle registrations on a lower base. Of these, five states are located in the north-eastern regions of India.

Three stocks that exhibited a declining trend for five successive financials years include UCO Bank, Indian Overseas Bank and Reliance Power.

The possibility of losing the contract for Mumbai-Pune Expressway exerted heavy selling pressure on the shares of IRB Infrastructure Developers, causing them to drop 14 per cent to an over 5-year low of Rs. 90 per share in Wednesday’s trading session.

Raymond Limited’s subsidiary, Ring Plus Aqua (RPAL) announced the opening of its third manufacturing facility at Sinnar. Along with the two plants established earlier, this plant will produce starter ring gears, transmission flex-plates and integral shaft water pump bearings.

The Board of Directors of Alkem Laboratories recommended a final dividend of Rs. 8 per equity share for the financial year ended March, 2019. Reacting to this announcement, the stock of Alkem Laboratories was up more than 3 per cent on Thursday.

The Board of Repco Home Finance has recommended a dividend of Rs. 2.50 per equity share to the shareholders of the company for the financial year 2018-2019.

DCM Limited plans to raise capital of Rs. 50 crore by issuing equity shares to the shareholders of the company on a rights basis (Rights Issue).

Apar Industries showcased a positive financial performance for the quarter ended March 2019. The board recommended dividend of Rs. 9.50 per share.

The market experienced volatility during the early hours of trade on Friday, during the morning half market saw choppy trading, but as the day progressed the market breath was in favour of advances. ICICI Bank contributed most to the index gains, followed by L&T, HDFC Bank and SBI.

The company reported net Profit of Rs. 79.99 crore in Q4FY19 as against Rs. 12.27 crore in Q4FY18, registering a growth of 551.92 per cent. Reacting to the results, the stock of Allcargo Logistics was buzzing on Friday.

Redington (India) Limited showcased PAT growth of 20 per cent and recommended dividend of Rs. 3.30 per share for the March quarter. This constitutes 165 per cent on the face value of Rs. 2 per share.

SeQuent Scientific Limited (SSL) reported a healthy financial performance in the quarter ended March 2019.

Markets soar in anticipation of a Narendra Modi led government in the center. The BSE Sensex scaled 40,054.42, up by 944.21 point or 2.41 per cent, while Nifty50 was at 12,031.95, up by 294.05 points or 2.51 per cent.

Intellect Design Arena (IDA) is a global leader in Financial Technology for Banking, Insurance and other Financial Services.

The Indian benchmark indices BSE Sensex and NSE Nifty ended in the green at the close of today’s market hours. The Sensex closed at 37,393.48, up 0.75 per cent or 278.60 points, while Nifty closed at 11,257.10, up 0.90 per cent or 100.10 points.

Ingersoll-Rand (India) Ltd reported mixed set of numbers for the quarter ended March 2019.

Himachal Futuristic Communications Ltd. (HFCL) has acquired 90 per cent of the equity shares of Raddef Pvt. Ltd.

Ashok Leyland has secured orders for 400 Ashok Leyland Eagle 916 minibuses from Senbus Industries in Senegal. The total order amounts to a whooping Euro 10.06 million.

The Securities and Exchange Board of India (SEBI) upped its scrutiny of MFs by raising the surveillance bar. It did so by demanding that the fund houses provide quarterly information pertaining to the AI-based systems employed by them.

The investments made by Mutual Funds in commercial papers and bonds that mature in 90 days plummeted to Rs. 3.24 trillion towards the end of March reporting the lowest figures in the last six quarters.

South Indian Bank reported its financial performance for the quarter ended March 2019. Net Interest Income (NII) surged a mere 1 per cent YoY to Rs. 499 crore in Q4FY19 from Rs. 492 crore in Q4FY18.

Asian Paints posted healthy revenue growth and announced a final dividend of Rs. 7.65 for the quarter ended March 2019.

Indraprastha Medical Corporation declared its financial results for the quarter ended March 2019. 

Dabur India published a positive set of results for the financial year ended March 31, 2019. The consolidated revenues stood at Rs. 8,533 crore in FY19 as against Rs. 7,748 crore in FY18, posting a YoY growth of 10.1 per cent. Consequently, net profit rose 6.5 per cent to Rs. 1,446 crore in FY19 from Rs. 1,358 crore in FY18.

The board of Mold-Tek Packaging declared an interim dividend at the rate of 40 per cent, amounting to Rs. 2 per equity share.

The company declared financial performance for the quarter ended March 2019 and the company's board has recommended a dividend of Rs. 1.50 per share.

Bajaj Auto reported a mixed sales performance in April 2019. The sales volumes of motorcycles demonstrated reasonably good growth; however, those of commercial vehicles showcased de-growth.

Vedanta has received environmental clearance for the expansion of its oil and gas operations in Rajasthan from the Union Ministry of Environment. The Ministry extended its approval after taking into account the recommendations of an in-house expert committee.

Sugar stocks have spiked upwards ever since the government hiked the minimum selling price (MSP) for sugar mills by Rs. 2 per kg. The MSP now stands at Rs. 31 per kg.

The consolidated financial performance of UltraTech Cement for the quarter ended March 2019 stands as follows:

Investors are excited about the potential gains that SpiceJet could earn owing to Jet Airways’ dire predicament. This enthusiasm is definitely reflecting in SpiceJet’s share price.

Bharti Infratel announced consolidated results for the quarter ended March 2019 and declared interim dividend of Rs. 7.50 per share.

In its latest BSE filing, Mindtree declared that the company was contemplating shelling out an interim dividend or special dividend for the quarter ended March 31, 2019.

The hike in crude prices and burgeoning gold demand exerted pressure on the import bill. As a consequence, the country’s trade deficit widened in the month of March.

Real estate company Shriram Properties has received authorization from the Securities Exchange Board of India for an Initial Public Offering (IPO). The company aspires to raise capital of Rs. 1,250 crore by means of an IPO issue.

The shares of Rail Vikas Nikam Limited (RVNL) soared over 18 per cent in Monday’s trading session. The stock price has been moving northward since last three days.

Meghmani Organics is in receipt of a closure notice from the Gujarat Pollution Control Board (GPCB), Gandhinagar.

The Government of Maharashtra has extended its approval for additional Industrial Promotion Subsidy (IPS) of Autoline Industries to the tune of Rs. 44.61 crore.

Naresh Goyal, the founder of Jet Airways, has pledged 26 per cent stake, i.e. 2.95 crore shares, in the struggling airline as security for loans from Punjab National Bank.

The names of several Indian generic makers were disclosed in a US Pharma anti-trust lawsuit.

The shares of Vedanta slipped more than 2 per cent in Thursday’s morning trading session. This was on account of the possibility of a legal suit against the company’s subsidiary, Konkola Copper Mines (KCM) in the UK.

Larsen & Toubro Limited is all set to acquire L&T Shipbuilding Limited. The target company has a turnover of Rs. 73,088.79 lakh. It also has a negative networth of Rs. 80,914.97 lakh as on March 31, 2018.

Most sugar stocks were trading with losses in Wednesday's trading session.

Investors will be pleased to learn that the dismal scenario in the real estate sector is undergoing substantial transformation and an end to the gloomy sales performance appears to be in sight.

The shares of Titan Company gained 2.13 per cent to trade at Rs. 1,129.70 after the company showcased strong revenue growth for the third consecutive financial year in Q4FY19.

The Board of Directors of GM Breweries Limited has recommended a dividend at the rate of 30 per cent, i.e., Rs. 3.00 per share. The payment of the dividend is subject to the approval of members at the upcoming AGM.

GAIL (India) Ltd. is struggling to earn adequate profits in the domestic market owing to the fall of liquefied natural gas prices.

Mahindra and Mahindra (M&M) announced a price hike of 0.5 per cent to 2.7 per cent across its range of products with effect from April 1, 2019.

The shares of Bank of Baroda (BoB) gained nearly 2 per cent in the morning trade this Thursday after reports made the rounds stating the possibility of the bank raising funds by selling bonds overseas.

The demand scenario experienced by Bata India has improved in comparison to previous years. The company has been growing in double-digits. A major chunk of the growth has been pouring in from the tier-3 and 4 towns, including the franchise stores.

L&T Construction emerges at the forefront in terms of burgeoning order pipeline yet again as it secures several orders from clients of substantial repute across different states of India.

The capital ratios of Allahabad Bank are well on their way to significant improvement, owing to the fundraising activities of the company combined with the capital infusion by the government.

The surge in recruitment activity in India has paved the way for success of the placement sector. This has brought in more revenue for both individuals as well as the nation as a whole.

Cement prices were on a path of ascension until March 2019. This trend continued until the companies had to roll back the hike to a certain extent in the northern and southern regions due to subdued demand.

In a desperate attempt to rescue the cash-strapped Jet Airways, the beleaguered airline's lenders are formulating a revival plan through a change in its management.

Larsen & Toubro Ltd. (L&T) has entered into a definitive agreement to acquire the shares of Mindtree Ltd.

Jaguar Land Rovers (JLR) voluntarily recalled nearly 44,000 cars in the UK as they were emitting higher than certified levels of carbon-dioxide (CO2) emissions.

The Board of Directors held a meeting today in which they approved the proposal for buyback of approximately 16,37,500 fully paid-up equity shares of the company with a face value of Rs. 10 each for an aggregate amount not exceeding Rs. 262 crore.

India is likely to raise prices of domestic natural gas for the 4th consecutively time. This will bolster the earnings of the producers of natural gas.

The prospects of the cement industry in India seem to be mixed with their fair share of positives and negatives in 2019. This outlook is shared by two major cement players, namely – ACC Ltd. and Ambuja Cements Ltd.

In its endeavour to combat the issue of shortfall in tax revenues, the Government of India is pursuing cash-rich public sector undertakings such as Indian Oil Corporation (IOC) and Oil and Natural Gas Corporation (ONGC) to pay a second interim dividend.

India’s second largest telecom company, Bharti Airtel Limited reported in an exchange filing that GIC Pte, acting in concert with the Government of Singapore and the monetary authority, will subscribe to shares worth Rs. 5,000 crore in its proposed rights issue.

The construction arm of Larsen & Toubro bagged several distinguished contracts for its Buildings & Factories, Metallurgical & Material Handling and GeoStructure business segments.

Vedanta Limited announced a second interim dividend of Rs. 1.85 per equity share for the financial year 2018-2019. The total dividend payout will amount to Rs. 685 crore.

Housing Development Finance Corporation, renowned as India’s biggest mortgage lender, declared an interim dividend of Rs 3.50 for the financial year ended March 31.

The Reserve Bank of India (RBI) levied a fine of Rs. 4 crore on Karnataka Bank for failure to comply with regulatory norms regarding the implementation of four of the SWIFT-related operational controls directed by RBI.

The board of Directors of ABB India Ltd. recommended an interim dividend of Rs. 4.80 per share on 211,908,375 equity shares of face value of Rs. 2 each fully paid up for the year ended December 31, 2018.

NCL Industries Limited notified the exchange about the successful installation of the ready-made doors plant set up at Malkapur (V) near Hyderabad.

The shares of SBI Life Insurance Company experienced substantial volatility during Friday’s trading session as they rebounded 6.5 per cent after initially plunging 12 per cent upon news of a block deal.

Intellect Design Arena Limited (IDAL) bagged a substantial multi-million destiny deal from Emirates NBD. 

The shares of Dewan Housing Finance Corporation Limited (DHFL) plummeted more than 5 per cent this morning after the credit rating agency ICRA downgraded the company’s commercial papers to A2+ from A1+.

NBCC (India) Limited has received new orders for two major projects on PMC basis. The total projected cost of these assignments is approximately Rs. 168 crore.

Jet Airways is likely to receive emergency funding of Rs. 500 crore from State Bank of India (SBI) and Punjab National Bank (PNB) to help the debt-laden company continue its operations.