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Wise (LSE: WISE) Reaffirms Full-Year Outlook After Q1 Revenue Jumps 25% to $714 Million
Wise reported strong first-quarter results for fiscal year 2027 on July 16, 2026. Net revenue rose 25% year-over-year to $714.0 million for the quarter ended June 30. Transaction revenue climbed 27% to $540.9 million, driven by rising cross-border volumes. Wise reaffirmed its full-year guidance, targeting revenue growth in the middle of its 15-20% range. Active…
PC Jeweller Shares Fall 5.80% to ₹9.73 After Board Approves ₹1,000 Crore QIP on July 16
On 16 July 2026, PC Jeweller shares fell 5.80% to ₹9.73 after the company’s board approved a ₹1,000 crore Qualified Institutional Placement (QIP). The fundraising plan aims to strengthen the company’s finances and support future growth. However, the announcement also raised concerns about possible equity dilution, leading to selling pressure in the stock. Here’s why…
Reliance Industries Share Price Jumps 2.4% to ₹1,323.80 Ahead of Q1 FY27 Results on July 17
On 17 July 2026, Reliance Industries Ltd. (RIL) shares climbed 2.4% to ₹1,323.80 as investors waited for the company’s Q1 FY27 earnings, scheduled for later in the day. As India’s most valuable listed company, Reliance often influences overall market sentiment, so its quarterly results attract close attention from both traders and long-term investors. This quarter,…
SBI Funds Management IPO Closes At 41.73x Subscription; Allotment Date Set For July 17, How To Check Status
SBI Funds Management IPO subscription closed today, July 16, 2026, at 5:00 p.m., recording 41.73 times overall demand. The Qualified Institutional Buyers category led the charge, subscribing 140.11 times its allotted portion. With bidding now complete, investors are turning to the next milestone: allotment, scheduled for Friday, July 17, 2026. The ₹9,812.91 crore issue was…
NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval
On 12 August 2026, the National Stock Exchange (NSE) will begin trading futures and options on the Nifty India FPI 150 Index after receiving approval from the Securities and Exchange Board of India (SEBI). The new contracts give investors another way to hedge market exposure and trade stocks with strong foreign portfolio investor (FPI) ownership….
Jio Financial Services Ltd Jumps 4.52% After Q1 FY27 Profit Soars 2.6X to ₹830.3 Cr
On 17 July 2026, Jio Financial Services Ltd posted a strong set of Q1 FY27 results that caught investors’ attention. The company reported a consolidated net profit of ₹830.3 crore, around 2.6 times higher than the same period last year, helped by continued growth in lending and digital financial services. The results lifted the stock…
Jio IPO: Reliance’s ₹30,000 Crore Public Offer Marketing Set to Begin Next Week After Q1 Results
The Jio IPO marketing push is set to begin next week after Reliance’s Q1 results. Meanwhile, Reliance Industries reports its June-quarter earnings today, Friday, July 17, 2026. Earlier, Jio Platforms filed its draft prospectus with SEBI on June 19, 2026. According to analysts, the offering could raise between ₹30,000 crore and ₹52,000 crore. As a…
Red Robin Cuts Up to 70 Stores as Debt Restructuring Accelerates
Red Robin closes restaurants and refranchises 116 locations to pay down $170M debt. CEO says 20 underperforming stores improved enough to avoid closure. Cary, NC location confirmed closing.
Reagan National Airport Ground Stop: 126 Flights Canceled for Iraqi PM Security July 15
FAA ground stop at Reagan National Airport canceled 126 flights on July 15 for security measures protecting Iraqi Prime Minister Ali al-Zaidi during his White House visit amid Iran conflict.