Tamilnad Mercantile Bank Q1 advances up 10.4%, total business nears ₹99,000 cr
Tamilnad Mercantile Bank reported a 9.9% year-on-year rise in total business for Q1 FY26, driven by steady growth in deposits and advances.
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Supreme Court grants relief to Lodha Developers in ED case related to V Hotels assets
In 2024, Lodha Developers acquired V Hotels through the Insolvency and Bankruptcy Code (IBC) process. The ED had subsequently launched a probe into the alleged misconduct by the hotels’ erstwhile promoters and moved to attach assets worth ₹520 crore.
Afcons Infra gets letter of commitment for contract worth ₹175 crore from Reliance Industries
Afcons Infrastructure’s Managing Director Paramasivan Srinivasan told CNBC-TV18 in May that the company is targeting a strong 20–25% revenue growth in FY26, bouncing back from a weak FY25. This growth optimism is backed by a robust order pipeline. Afcons has…
Sigachi Industries confirms death of 40 employees, injury to 33 in Telangana accident
Sigachi has committed to an ex-gratia compensation of ₹1 crore to the family of the deceased, while those injured will receive full medical and rehabilitation.
‘We tried to be diplomatic’, Dreamfolks CEO lashes out at airport operators
Kallat’s comments come after the company informed exchanges that certain lounge access programmes for Axis Bank and ICICI Bank had been discontinued, even though contracts with both clients remain active. .
Defence Stock Downgraded: Elara expects a 25% downside as all positives factored in
Out of the 10 analysts that have coverage on the downgraded defence stock, five of them have a “buy” rating, four say “hold”, while one has a “sell” rating.
Adani Ports handles 41.3 MMT cargo in June, volumes rise 11% in first quarter
In June 2025, Adani Ports handled cargo volumes of 41.3 million metric tonne (MMT), registering a 12% growth from the previous year. The increase was primarily led by a 15% surge in container cargo from last year, the Adani Group…
Crizac’s ₹860 crore IPO opens for subscription: Should you apply?
Ahead of the issue launch, Crizac has garnered ₹258 crore from anchor investors. The company informed the bourses that it allocated 1.05 crore equity shares at ₹245 per share on July 1 to anchor investors.
L&T Technology Services selected by Traton Group for global R&D transformation
The partnership, part of LTTS’ Mobility segment, will contribute to building a unified, future-ready product development platform for Traton, focused on scale, speed, and sustainable mobility solutions, the company said in a stock exchange filing.
Gold prices steady ahead of US jobs data: What’s next for the yellow metal
In India, 24 karat gold was priced at ₹99,040 per 10 grams in Delhi, while 22 karat gold stood at ₹90,800. The price of 18 karat gold was around ₹74,290 per 10 grams, according to GoodReturns.