HCLTech has scheduled its Board of Directors meeting for April 20-21 to consider and approve fourth-quarter and full-year FY26 financial results. The two-day session will also address dividend declarations, a key watch point for income-focused investors given the company's history of interim and special payouts. An earnings call is expected to follow, offering management commentary on revenue trajectory, margins, and deal wins. HCLTech enters the print against a backdrop of sector-wide scrutiny on IT spending from US and European clients, making guidance language as consequential as the headline numbers. Analysts will focus on constant-currency revenue growth, EBIT margin performance, and any revision to FY27 outlook. The dividend decision, if announced alongside results, will be an immediate signal on management's confidence in near-term cash generation. Investors in Indian IT should treat this as an early read on sector demand conditions ahead of Infosys and Wipro prints.
HDFC Bank's board has approved Rajiv Kumar, former Chief Election Commissioner and financial services secretary, as its Part-time Non-Executive Chairman from June 30, 2026. His chairmanship still requires RBI approval, but the move ends the bank's prolonged search for a permanent board leader.
Indian startups raised $1.1 billion across 16 deals in the week of June 21-26, 2026, up 2.5 times from the prior week, with CRED's $900 million Series H led by Meta accounting for most of the total. Square Yards became India's 131st unicorn after closing a $95 million round.
Jet fuel costs dropped sharply after a US-Iran interim peace deal, but airlines are expected to use the savings to rebuild margins rather than cut fares. Tight capacity, aircraft delivery delays, and weak budget carriers give major carriers unusual pricing power heading into the second half of 2026.
Meta is investing $900 million in CRED at a $4.5 billion valuation, the largest Indian startup round of 2026, as founder Kunal Shah moves to a global leadership role at WhatsApp. Miten Sampat takes over as interim CEO, and a major employee stock buyback is expected within weeks.
