Adani Energy Solutions to acquire Intellismart Infrastructure for ₹3,050 crore

Following the completion of this transaction, Adani Energy Solutions’ cumulative installed and contracted smart meter portfolio will surpass 4.7 crore meters.

Following the completion of this transaction, Adani Energy Solutions’ cumulative installed and contracted smart meter portfolio will surpass 4.7 crore meters.

The improved outlook comes after Kumiai had lowered its full-year fiscal 2026 guidance in December 2025, forecasting a 5% decline in revenue and a 32% drop in operating profit amid expectations of weaker demand and competitive pressures.

Tata Sons chairman says artificial intelligence is expanding the scope of IT services rather than threatening it, as TCS reports a $2.4 billion annualised AI revenue run-rate and outlines five major AI opportunities.

Panacea Biotec is a key partner in the consortium as the developer of DengiAll, a tetravalent live-attenuated dengue vaccine candidate targeting all four dengue virus serotypes and currently in late-stage development in India.

Bank Indonesia unexpectedly raised the BI-Rate by 25 bps to 5.5 in an off-cycle move to support the rupiah after capital outflows, stocks and bonds initially rallied

Bajaj Finserv announces non executive director Rajiv Bajaj will step down at the July 31 AGM, citing growing responsibilities at Bajaj Auto.

Aditya Welekar, Senior Research Analyst–Metals at Axis Securities, believes that while possible US rate hikes and seasonal weakness could weigh on metal stocks in the near term, Hindalco, Nalco and Vedanta Aluminium remain attractive long-term ‘buy-on-dips’ opportunities.

Historical data suggest that major IPOs don’t usually flag a bull market peak in the year that follows.

Neuberger Berman MD & Portfolio Manager Conrad Saldanha discusses why AI-driven earnings growth in the US, Korea and Taiwan continues to attract capital, shares his outlook on India, and highlights opportunities in power infrastructure, airports, specialty pharma and select financials.

UBS has downgraded Indus Towers to “sell” from its earlier rating of “neutral” and cut its price target to ₹395 from ₹495 earlier. The revised price target implies a downside potential of 7% from current levels.