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PDS Ltd has announced the dissolution of Fareast Vogue Limited, a step-down subsidiary in Hong Kong, effective February 27, 2026. The move is part of the companyโs ongoing corporate streamlining initiative. The subsidiary had no active operations, ensuring no material impact on PDSโs financial position.
On March 5, 2026, Indian refiners began purchasing millions of barrels of Russian Urals crude oil from vessels floating off the countryโs coast. The move comes as the IranโIsrael war disrupts Gulf oil flows, leaving India vulnerable to supply shocks. Officials confirmed contingency plans to stabilize energy security.
Advent Hotels International has announced that its Board has approved seeking shareholder approval for a material related party transaction involving the sale of Bamboo Hotels shares and assignment of loans to Valor Estate Ltd. The deal is valued at approximately Rs. 596.70 crores for equity shares and Rs. 1,058.89 crores in loan transfer.
Fractal Analytics Ltd reported robust Q3 FY26 results with consolidated revenue of Rs 8.54 billion, up 21% YoY, and net profit crossing Rs 1.03 billion. Strong growth in healthcare and BFSI segments, improved margins, and global product benchmarks highlight its momentum post-IPO.
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