Afcons Infrastructure Ltd.

Afcons Infrastructure reports Rs 88.40 cr net loss in Q4 2026, against a profit last year. Revenue declines. Dividend declared.

Infrastructure stocks surge after Union Budget 2026 proposes increased capex. PNC Infratech leads the rally. Details inside.

FM Sitharaman consults infrastructure & energy experts for Budget FY27. Focus on growth, job creation, & addressing US tariffs.

Afcons Infrastructure appoints Firoz Cyrus Mistry & Santosh Nayar to its board. Next-gen family involvement in Shapoorji Pallonji Group.

India extends Maldives'' USD 50 million government bonds repayment deadline by one year as emergency financial assistance.

Jio Financial Services (JFSL) shares surged after announcing a joint venture with Bank of America (BofA). BofA will acquire a 49.9% stake in JFSL''s lending arm, Jio Credit, for $1.9 billion.

Muthoot Fincorp files draft papers for a Rs 3,000 crore IPO to strengthen its capital base. The NBFC, known for gold loans, aims to fund growth and onward lending.

Sensex and Nifty fall in early trade as crude oil prices remain high amid US-Iran standoff in Strait of Hormuz. Geopolitical uncertainty impacts investor sentiment.

Gaja Capital''s Rs 550 cr IPO opens Aug 19, closes Aug 21. Price band fixed at Rs 152-160. Funds for debt, new funds & corporate purposes.

Indian Rupee depreciates 7 paise to 95.40 against the US dollar due to elevated crude oil prices and lingering US-Iran geopolitical risks. RBI intervenes.

India''s Parliament approves the Mines and Minerals (Development and Regulation) Amendment Bill 2026, restricting states'' power to tax mineral rights.

Juniper Green Energy commissioned 167 MW wind capacity across Gujarat, Rajasthan, and Maharashtra, boosting its total operational capacity to 2,575 MWp.

Jio Financial Services (JFSL) shares surged after announcing a joint venture with Bank of America (BofA). BofA will acquire a 49.9% stake in JFSL''s lending arm, Jio Credit, for $1.9 billion.

Black Box, Essar group''s IT arm, reported an 18% rise in Q1 net profit to Rs 56 crore, with revenue soaring 83%. Strong order book and 2S acquisition fueled growth.

Black Box Ltd, an Essar group IT firm, secured a $131 million contract from a US hyperscaler for a major data center project. This deal marks a significant growth step.