Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Umiya Buildcon consolidated net profit declines 99.24% in the June 2026 quarter
Sales rise 27.28% to Rs 16.33 crore
Railway ministry approves Rs 206 crore for Kavach installation on 680 route km in Northern Zone
Indian Railways approved Kavach Version 4.0 installation on 680 route kilometers. This safety system will be deployed on Rewari-Delhi and Shakurbasti-Bathinda sections. The project has been approved at a cost of Rs 206 crore. Kavach aims to prevent train collisions and signal passed at danger incidents. This deployment will strengthen safety and improve operational efficiency across these routes.
India's first hydrogen train to roll out on July 17, regular service date awaited
Prime Minister Narendra Modi will flag off India's first hydrogen train on July seventeenth. This new train will travel eighty-nine kilometers between Jind and Sonipat in two hours. The hydrogen train will make stops at twelve intermediate stations along its route. Regular passenger service commencement date is yet to be finalized by Northern Railway. The train uses hydrogen fuel cells to generate traction power instead of diesel.

Sterlite Technologies wins European patent dispute against Fujikura
STL won a European patent dispute against Fujikura Ltd, strengthening its position in optical connectivity markets. The EPO revoked Fujikura's patent EP 3796060.
Pace Digitek arm inks BESS supply agreement
Pace Digitek announced that its material subsidiary, Lineage Power, has entered into a memorandum of understanding (MoU) with Bondada Renewable Energy for the supply of Battery Energy Storage Systems (BESS).

Pace Digitek arm Lineage Power signs MoU with Bondada Renewable Energy for BESS supply
Shares of Pace Digitek Ltd ended at ₹215.80, down by ₹3.50, or 1.65%, on the BSE.

Dividend Alert: Bharti Airtel Fixes Record Date For Highest-Ever Payout; Check Last Date To Qualify
The board of directors had, in May, recommended a final dividend of Rs 24 per fully paid-up equity share for fiscal year 2026, subject to shareholders' approval.
Dixon-Vivo JV receives much-awaited nod; Nomura sees modest upside in stock
Dixon Technologies today was up 4 per cent intraday as the company secured government approval to set up its joint venture (JV) with Vivo Mobile India (VMI).
Indian Railways approves Rs 206 crore Kavach deployment on 680 route km of Northern Railway
Indian Railways approved Kavach Version 4.0 deployment on 680 route kilometers. This automatic train protection system will be installed on Rewari-Delhi and Shakurbasti-Bathinda sections. The project, costing Rs 206 crore, aims to enhance train safety and operational efficiency. Kavach prevents signal passing incidents and train collisions, ensuring reliable operations. Deployment will support faster movement of passenger and freight trains across these important routes.
Vivo-Dixon deal approval reveals India's new China playbook
The landscape of Chinese investments in India is transforming as the nation moves past earlier restrictions. The establishment of the Vivo-Dixon joint venture exemplifies a progressive manufacturing model, enabling Indian firms to claim majority ownership in partnerships with Chinese entities. This strategy enhances access to important technology and expertise, reinforcing India's commitment to bolstering homegrown manufacturing initiatives.
Bharti Airtel fixes record date for its highest-ever dividend of Rs 24/share. What’s the last date to buy?
Bharti Airtel has fixed July 24 as the record date for its highest-ever annual dividend of Rs 24 per share for FY26, making July 23 the last date to buy the stock for eligibility. The announcement comes as brokerages remain bullish on the telecom major's long-term growth and cash flow prospects.
Bharti Airtel declares record date for the payment of final dividend in FY26. Details here
Bharti Airtel has set July 24, 2026, as the record date to determine shareholders for its final dividend for FY26, pending approval at the AGM on August 3, 2026. The proposed dividend is ₹24 per fully paid equity share and ₹6 for partly paid shares.