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Power Finance Corporation appointed V. Packirisamy as Director (Commercial) from June 2, 2026, while its board schedules meetings covering dividends, fundraising, results, and merger discussions with REC.
India’s foreign tourist arrivals fell to 9.02 million in 2025 after a modest 2024 recovery, with Bangladesh-driven declines offset partly by steady long-haul markets.
PFC and REC have called June 28, 2026 board meetings to consider a merger scheme under Companies Act and SEBI rules, after the President-approved proposal moved ahead.
HDFC Bank reported Q1 FY26 results with higher net revenue helped by HDBFS IPO gains, a 1:1 bonus proposal, and a special interim dividend of ₹5 per share.
Allied Commodities and PACs have announced a ₹97.06 crore open offer for 26% of Purple Finance at ₹55 per share, after RBI clearance for control change.
Allied Commodities and PACs have announced an open offer to buy 26% of Purple Finance at ₹55 per share, after RBI approval for a proposed change in control.
Sharika Enterprises approved a ₹27.21 crore preferential allotment of shares and warrants, with shareholder voting set for July 17, 2026, and 18-month warrant conversion terms.
Sparc Electrex has shifted its FY26 audited results board meeting to June 23, 2026 for the fourth time, with the trading window shut until 48 hours after results.
Sparc Electrex has postponed its FY26 audited results board meeting again, setting June 23, 2026 as the new date while the trading window remains closed.
Sparc Electrex has again rescheduled its board meeting to approve FY26 audited standalone results, citing inter-branch account reconciliation and balance confirmations across multiple locations.
Sparc Electrex posted Q3 FY26 revenue of ₹0.06 crore with a ₹0.97 crore loss, amid trading shutdown, tax-linked bank account freeze, and repeated results-meeting delays.
AVG Logistics reported Q3 FY26 revenue of ₹134.08 crore with steady EBITDA and PAT margins, while setting May 30, 2026 as the Q4 FY26 earnings date.
Reliance Infrastructure said a PMLA adjudicating authority confirmed a ₹670.48 crore provisional attachment linked to 2017-2019 allegations, while the company plans appeals and cites no operational impact.
A 60-day US licence allowing Iranian oil sales until August 21, 2026 has pressured crude prices and reopened discussions with Indian refiners, though compliance risks remain.
JP Morgan flags SIP-led financialisation as a key support for Indian equities, with May 2026 SIP inflows at ₹310 billion despite weak returns and ₹3,300 billion FPI selling.
Social media is comparing the Jio Platforms and NSE IPO filings on structure, valuation, use of proceeds, and potential liquidity impact as India awaits two mega listings.