Adani Enterprises raised Rs 15,000 crore through a qualified institutional placement, drawing strong participation from global and domestic institutions. The company said it will use the proceeds to fund expansion across copper smelting, airports, roads, data centres and green energy, alongside debt repayment and general corporate purposes. Morgan Stanley forecasts copper EBITDA of Rs 3,670 crore by FY30.

Tata Power Co. is in talks with banks to raise at least $450 million through a five-year offshore loan via the external commercial borrowing (ECB) route. The financing would be secured by shares the company holds in its subsidiaries in Indonesia and Singapore. Discussions are at an early stage and key terms, including pricing, are not yet finalized. The funds are intended to support routine operations, optimize the debt profile and bolster liquidity for heavy capital spending over the next three years, with a focus on renewable energy as well as transmission and distribution.

Tata Consultancy Services has announced an interim dividend of Rs 12 per share, with July 15 (Wednesday) set as the record date. Under SEBI’s T+1 settlement cycle, investors must buy the stock by the close of July 14 (Monday) for the shares to be credited in time to qualify. The payout is TCS’s fourth dividend this year, taking distributions so far in 2026 to Rs 100 per share and implying a dividend yield of more than 5% at the current market price. In Q1 FY27, TCS reported 5% YoY growth in net profit and about 14% YoY revenue growth, and said its AI business had scaled to a $2.6 billion annualized revenue run rate.

Millworks Technologies Limited launched its BSE SME IPO on July 14, 2026, aiming to raise ₹160.33 crore through a book-built issue priced at ₹315–₹331 per share. Grey market demand has been strong, with the GMP at ₹390, implying about a 120% premium. The company also reported FY26 revenue of ₹148.77 crore and profit after tax (PAT) of ₹37.06 crore.

Major global banks including Goldman Sachs, Jefferies and BNP Paribas say foreign investors have been net buyers of Indian equities for four straight weeks, with buying concentrated in large caps such as banks. The Nifty 50 is down about 7% this year, while large caps trade at a 25% discount to small caps versus a five-year average of 6%. The firms argue large caps look more attractively valued, offer better earnings visibility and could be the first beneficiaries as overseas money returns.

State Bank of India expects a one-off gain of about ₹13,655 crore from reducing its stake in SBI Funds Management and selling shares in the National Stock Exchange. The proceeds are set to flow through other income, boosting net worth and adding roughly 27–30 basis points to the bank’s capital adequacy ratio. The stronger capital buffer could help SBI increase expected credit loss (ECL) provisions and support loan growth. SBI’s capital adequacy ratio currently stands at 15.40%, above regulatory requirements.

India’s retail inflation rose to 4.4% in June, the highest reading under the new CPI series and above the central bank’s 4% target. Food inflation accelerated to 5.3%, driven by higher food and transport costs. Core inflation eased slightly to 3.9%, partly reflecting a pullback in gold and silver prices. Markets expect the Reserve Bank of India to keep its policy rate unchanged at its August meeting.

Large-scale missile and drone exchanges between U.S. and Iranian forces from the weekend into Monday lifted oil prices after Tehran said it hit U.S. military facilities across the Gulf and kept the Strait of Hormuz closed. Spot gold fell 1.4% to $4,064.02 an ounce, extending losses to a second straight session, while silver and platinum also declined. Markets saw the geopolitical supply shock and tighter monetary policy expectations as a double headwind, with CME FedWatch pricing a 69% chance of a U.S. rate hike in September.

ICICI Prudential AMC reported its Q1 FY2024 results with net profit of Rs 965 crore, up 23% year on year. Revenue rose 18% from a year earlier. The company’s performance came in well above market expectations, reflecting steady growth in assets under management and resilience in fee-based income. As India’s largest listed AMC, its results are viewed as a bellwether for the country’s financial services and asset management sector.