
PVR INOX Ltd | India’s leading cinema exhibitor, plans to add 200 new screens over the next two years with an investment of up to ₹400 crore. The expansion will focus primarily on South India, followed by smaller cities and towns. For FY26, the company has already opened 20 screens in Q1 and aims to complete 100 by year-end.

Telecom Stocks | Union Minister Jyotiraditya Scindia confirmed that MTNL’s operations were officially transferred to BSNL as of January 1, 2025. BSNL has since reported a 150% surge in operating profit, with FY25 marking its highest-ever capital expenditure at over ₹25,000 crore, aimed at modernising telecom infrastructure. The government’s stake in debt-laden telecom service provider Vodafone Idea won’t go beyond the current 49%, Scindia added. The DoT is currently examining Bharti Airtel’s application for the conversion of statutory dues into equity.

FSN E-Commerce Ventures Ltd | Early investors Harindarpal and Indra Banga are set to divest a 2.1% stake in FSN E-Commerce Ventures Ltd, the parent company of Nykaa, through a ₹1,200 crore block deal. The sale involves around 60 million shares priced at ₹200 apiece, reflecting a 5.5% discount to the stock’s last traded price.

Voltas Ltd | The company has received a show cause notice from the Central GST Commissionerate, Dehradun, alleging GST shortfalls linked to a merged entity for FY2018–21. The company is reviewing the matter and will respond within the stipulated timeframe.

Aurobindo pharma ltd | The pharma’s subsidiary, CuraTeQ Biologics, has secured European Commission approval for Dazublys, a trastuzumab biosimilar used in treating HER2-positive breast and gastric cancers. This is CuraTeQ’s third EMA-approved biosimilar in 2025, reinforcing Aurobindo’s oncology portfolio.

Hindustan Zinc Ltd | The company reported its highest-ever Q1 mined metal output at 265 kilo tonnes, up 1% YoY. However, production dipped 15% sequentially due to routine mine preparation. Silver output and refined metal production also saw modest declines.

Coromandel International Ltd | The CCI has approved Coromandel’s ₹820 crore acquisition of a 53.13% stake in NACL Industries Ltd, a listed agrochemical firm. The deal includes promoter and public shareholder transactions and aligns with Coromandel’s strategy to expand in crop protection and contract manufacturing.

Nestle India Ltd | The company has added a new Maggi noodles production line at its Sanand factory in Gujarat, investing ₹105 crore. The expansion will boost capacity by 20,300 tonnes per annum in FY26 and is part of the company’s broader capex plan spanning 2020–2025.

Avenue Supermarts | DMart retail chain owner firm’s standalone revenue from operations for the quarter ended (QE) June 30, 2025, stood at ₹15,932.12 crore, ₹2,200 crore more than their QE in June 2024.

Yes Bank | The private lender’s Chief Strategy and Transformational Officer has resigned from the company.

Rail Vikas Nigam Ltd (RVNL) | RVNL has appointed Chandan Kumar Verma as its new Chief Financial Officer, effective July 2, 2025. Verma, an IRAS officer from the 2000 batch, was previously Executive Director (Finance) and now joins the company’s senior management team.

Vedanta Ltd | The company’s proposed demerger has hit a regulatory hurdle, with the Ministry of Petroleum and Natural Gas raising objections during a July 2 NCLT hearing. While SEBI is reviewing compliance, the NSE has issued a no-objection certificate. The tribunal will reconvene on August 20 to continue proceedings.

Indian Overseas Bank | The bank received shareholder approval to raise up to ₹4,000 crore in equity capital via multiple routes, including QIPs, rights issues, and employee share schemes. The capital raise will support growth across lending segments and digital initiatives in FY26.

Escorts Kubota | The auto manufacturer has commercially launched a new construction equipment product, the ‘Hydra 12’ Pick & Carry Crane.