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Adani Energy Solutions may launch another institutional share sale in the next financial year, after raising around ₹3,500 crore through a similar fundraising exercise this week, according to sources familiar with the matter. The company, part of billionaire Gautam Adani’s ports-to-power conglomerate, is considering another Qualified Institutional Placement (QIP) as it looks to strengthen its capital base and support future expansion plans. The company already has shareholder approval to raise up to ₹10,000 crore through share issuances in one or more tranches. Over the past eight months, Adani Group companies have raised approximately $4.75 billion through QIPs and rights issues.…

The launch of the upgraded Stayfree® Secure XL underscores the increasing emphasis on innovation, consumer-centric product development and wider access in India's menstrual hygiene sector, aligning with broader efforts to improve women's health and hygiene outcomes. Stayfree®, one of India's leading menstrual hygiene brands, has introduced the upgraded product featuring a pioneering 'Pad Change Alert' backed by its patented Double Leak Lock Technology, offering Double Protection for up to 12 hours. The upgraded Stayfree® Secure XL uses two protective barriers, with the outer barrier gradually turning red to signal when it is time to change the pad, helping users manage…

Transport Corporation of India Ltd. (TCI) reported a 9.1 per cent year-on-year increase in consolidated revenue to ₹12,548 million for the quarter ended June 30, 2026, driven by steady demand across automotive, consumer goods and quick-commerce segments. The integrated logistics and supply chain solutions provider said EBITDA rose 5.2 per cent to ₹1,599 million during the quarter, while profit after tax (PAT) slipped marginally by 0.6 per cent to ₹1,066 million from ₹1,072 million in the corresponding period last year. On a standalone basis, the company recorded revenue of ₹11,116 million, up 7.5 per cent from a year earlier. Standalone…

Indian IT stocks experienced widespread profit booking, halting a sharp five-day rally as global investor risk appetite shifted back toward global artificial intelligence and semiconductor firms. The Nifty IT index declined by up to 2.5%, emerging as one of the major drag factors on domestic equity benchmarks, with market heavyweights such as Infosys and Tata Consultancy Services (TCS) sliding as much as 3% in early trade. The retreat follows a powerful run-up earlier in the week, during which investors rotated heavily into defensive Indian software exporters amid valuations and capital expenditure concerns surrounding global hardware and chipmakers. However, strong quarterly…

Telecom infrastructure company Indus Towers has expanded its flood relief operations in Assam, extending assistance to around 1,100 flood-affected families across Charaideo, Sivasagar and Jorhat districts as the state continues to grapple with the impact of severe flooding. The relief distribution was carried out under the company's flagship corporate social responsibility (CSR) programme, Pragati, through centres at Sonari and Teok. Families received comprehensive relief kits containing dry rations, WASH (Water, Sanitation and Hygiene) supplies and essential medical items. Specially designed kits were also distributed to pregnant women, new mothers and children aged between six months and two years to address…