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ICICI Bank raises $300 million through offshore notes as GIFT City funding accelerates

ICICI Bank has issued $300 million in senior unsecured fixed-rate notes through its IFSC Banking Unit, reflecting a strategic move to tap more foreign currency funding amid robust quarterly growth and expanding overseas presence. ICICI Bank has raised $300 million…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Cohance Lifesciences faces revenue decline but signals milestones for long-term growth

Cohance Lifesciences reports a 23% fall in revenue amid timing and demand challenges, yet highlights strategic wins and pipeline progress that could underpin future recovery and expansion. Cohance Lifesciences said its latest quarter was weighed down by timing shifts and…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

ASK Automotive reports breakthrough in revenue growth amid rising alloy prices and expansion plans

ASK Automotive sustains an 11th consecutive quarter of record-high revenue, driven by robust demand for advanced safety and lightweight systems, as the company announces significant expansion and strategic partnerships despite alloy price volatility. ASK Automotive said its latest quarter marked…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Welspun Enterprises maintains profit amid revenue slowdown as it accelerates asset divestment and project progress

Welspun Enterprises reports steady profit margins in Q1 despite softening revenue, driven by strategic asset sales and ongoing project momentum, with robust order book and growth outlook. Welspun Enterprises said its first-quarter profit held up even as revenue softened, helped…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Pidilite's Q1 profit growth driven by strategic pricing and expanding product lines amidst input cost pressures

Pidilite Industries reports a robust first quarter of fiscal 2027, with revenue and profit surging driven by broad-based demand, strategic pricing, and new product expansion, despite facing raw material cost challenges. Pidilite Industries Ltd. said its first-quarter fiscal 2027 performance…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Timken India’s process segment drives 15% revenue growth amid overseas challenges

Timken India reports a 15% year-on-year revenue increase for June 2026, with strong demand in its process sector and export markets, supported by the Bharuch plant’s expanded capacity and resilient global demand, despite cost inflation and geopolitical uncertainties. Timken India…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

United Breweries reports 13% volume rise as premium products drive margins and growth prospects

United Breweries’ first quarter FY27 results reveal a 13% increase in beer volumes, driven by premiumisation and strategic regulatory and operational shifts, with positive margin turnaround and optimistic growth outlook. United Breweries said its beer volumes rose 13% in the…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

MCX reports record revenue growth driven by expansion into new products and robust trading activity

Multi Commodity Exchange of India announced a significant increase in revenue and trading volumes in Q1, driven by product diversification and increased client participation, amid evolving regulations and market dynamics. Multi Commodity Exchange of India said revenue surged in the…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s spacetech sector outperforms deeptech by targeting export markets and leveraging government ties

While Indian deeptech startups face challenges in commercialisation and scaling, spacetech firms are breaking new ground by tapping into global markets and benefiting from established industrial and government support networks, positioning themselves as a model for strategic sector growth. India’s…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

SIS Ltd celebrates record quarterly revenue amid labour reforms and strategic growth plans

SIS Ltd achieved its highest-ever quarterly revenue in FY27, driven by scale, labour reforms, and automation, alongside strategic shareholder returns and ambitious expansion plans. SIS Ltd started FY27 with record quarterly revenue and stronger profitability, as the Indian security and…

  • apxadmin
  • August 7, 2026
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