POWER MECH PROJECTS – ₹970 Cr O&M ORDER FROM VEDANTA POWER

• Secures ₹970 Cr O&M contract from Vedanta Power for its 2×600 MW Sakti Thermal Plant, Chhattisgarh

• Contract period: 60 months

• Basic order value: ₹890 Cr + ₹80 Cr provision for additional services

• Order strengthens Power Mech’s thermal power O&M portfolio

COCHIN SHIPYARD LIMITED: BOARD APPROVES JOINT VENTURE WITH DRYDOCKS WORLD DUBAI; JV TO OPERATE INTERNATIONAL SHIP REPAIR FACILITY IN KOCHI; CSL AND DDW TO HOLD 50% EACH IN JVCO.

SKIPPER: CO DIRECTOR SAYS CO AIM 12-13% EBITDA MARGIN BY FY28 FROM CURRENT 10.5%

SKIPPER: CO DIRECTOR SAYS CO SEE ORDER BOOK POSITION AT INR 100-110 BLN IN FY27

NATCO PHARMA LTD: BOARD APPROVES RIGHTS ISSUE OF EQUITY SHARES WORTH UP TO ₹1,300 CRORE

IDFC FIRST: SAYS SHOULD BE ABLE TO CONSUME ALL THE FCNR DEPOSITS BY Q3 OR Q4

KABRA EXTRUSIONTECHNIK: SUCCESSFUL COMMISSIONING OF 10 MW/20 MWH BATTERY ENERGY STORAGE SYSTEM PROJECT AT PHALODI, RAJASTHAN; PROJECT SUPPORTS ENERGY MANAGEMENT AND GRID STABILITY.

MAHINDRA, ESCORTS, VST 🔴

Drought conditions are expected this year Says Met Department

EMS LIMITED – ₹28.39 Cr NHAI ORDER

• Secures order from NHAI for toll fee collection at Varshamedi Fee Plaza, Gujarat

• Order value: ₹28.39 Cr excluding TCS

• Contract period: 1 year

• Order awarded through competitive e-tender

MOTILAL OSWAL ON HDFC AMC ; BUY | TP ₹3,200 | 31% UPSIDE

• Mutual fund industry supported by structural tailwinds from financialisation of savings, rising B30 participation and deeper investor penetration.

• HDFC AMC can gain wallet share through strong long-term fund performance, SIP top-ups, higher ticket sizes and more products per customer.

• Distribution strength across banks, MFDs, fintech and phygital channels remains a key competitive advantage; HDFC Bank relationship is becoming more strategic.

• Alternatives, GIFT City, SIF and EPFO mandate provide additional growth opportunities.

• AUM expected to grow at a mid-teens rate.

• FY26–28E Revenue / EBITDA / PAT CAGR estimated at 13% / 14% / 14%.

• SIP inflows expected to remain strong, while expansion into smaller markets and customer profiling should support further scale.

RAJOO ENGINEERS:

CO PARTNERS WITH RIECKERMANN TO STRENGTHEN PRESENCE AND CUSTOMER SUPPORT IN SOUTHEAST ASIA

DCB BANK – RBI APPROVES ICICI PRUDENTIAL AMC TO ACQUIRE UP TO 9.95% STAKE

• RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in DCB Bank

• Acquisition subject to applicable RBI, FEMA & SEBI regulations

• Qualifying acquisition to be completed within 1 year

• Holding cannot exceed 9.95% at any time

INDIA TRADE SEC SAYS AT THE OPPORTUNE TIME, DEAL WILL BE SIGNED WITH U.S, IN FINAL STAGES OF SIGNING FTA WITH CHILE

YES BANK:

BANK RAISED 200 CR FCNR (B) DEPOSITS UNDER RBI SWAP WINDOW

GLOBAL FINTECH FEST 2026

JIO PAYMENTS MD & CEO, KASHINATH HARIHARAN SAYS

India's Biggest Trade Corridors Are US, UK, UAE

Launched Cross-Border Payments Across 11 Currencies

Currency Coverage To Expand Progressively Across Global Markets

Jio To Expand B2B Cross-Border Payments Business

Al To Impact Payments Across The Value Chain; Can Improve Customer Screening And Onboarding

HDB FINANCIAL SERVICES – ₹2,018 Cr NCD ALLOTMENT

• Allots 20,000 secured NCDs through private placement

• Total issue size: ₹2,018.17 Cr including premium & accrued interest

• Coupon rate: 8.05% | Tenure: 1,064 days

• NCDs proposed to be listed on BSE Wholesale Debt Market

ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD: CO. RECEIVES LETTER OF AWARD FOR DEVELOPMENT OF TWO DRY BULK BERTHS AT PARADIP PORT, ODISHA; 30-YEAR CONCESSION PERIOD; WILL ADD 18 MMT CAPACITY TO EXISTING PORTFOLIO.

IDBI BANK: IDBI BANK STRATEGIC SALE: 60.72% STAKE SALE MOVES TOWARDS FINAL STAGE: TV

AXIS CAP ON COFORGE : Maintains 'Buy' With Target Price Of 2,870/Share

Chairman Resignation Not Hinting Goveranance Lapse

Sudden Change Of Guard; Not Material Or Concerning

ADANI STOCKS ; Adani Group Plans $2.5 Bn Refinancing In India's Biggest Overseas Loan : REPORTS

PINE LABS says AI Seen As Next Layer To Make Commerce Intelligent