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As festive online shopping gathers pace, Indias logistics companies are expanding warehouse capacity, hiring workers and using AI to manage deliveries. Rising order volumes, bulkier parcels and demand from smaller towns are testing their ability to keep shipments moving and meet delivery promises.
Zydus Lifesciences among 6 stocks showing White Marubozu pattern
Six Nifty500 stocks featured in StockEdge's White Marubozu bullish scanner on October 30, signalling strong upward price momentum during the trading session.
Navin Fluorine among 3 stocks closing above VWAP
Three Nifty 500 stocks closed more than 1.2% above their respective volume-weighted average prices on October 30, according to StockEdge's technical scan.
Indias consumers are back, its stocks arent: Srinivasan Sivabalan
Amid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. However, rising costs are pressuring profit margins, causing a decline in investor confidence. The stock market struggles to reflect the upbeat consumer activity, signaling a potential need for a resolution to the Iran war and governmental intervention to promote stability.
China lowers funding costs with shift to overnight policy rate
China's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects substantial liquidity into the banking sector. This initiative seeks to alleviate costs for financial entities and stimulate economic growth in light of increased credit risks. Experts estimate this change could lower interest rates by 15 basis points, thereby maintaining profitability among financial institutions.
2 tankers explode after allegedly hitting naval mines in Strait of Hormuz, Iran claims
Iran's Islamic Revolutionary Guard Corps reported that two oil tankers exploded in the Strait of Hormuz after striking naval mines. Both vessels allegedly ignored warnings about using restricted routes and had switched off their navigation systems. The UK Maritime Trade Operations issued a warning about an incident in the same area involving a merchant vessel.
Indian stocks may recover on steady growth and earnings, Axis AMC says
Indian stocks are expected to recover in the financial year due to strong earnings and economic growth. The Nifty 50 index has decreased significantly after years of gains, partly due to global issues. The fund manager emphasizes that foreign fund outflows do not indicate a decline in India's growth prospects. Certain sectors like AI, energy, and domestic manufacturing are highlighted for potential investment.
Binance resumed customer withdrawals after a $6.3 billion cyber theft, reporting a $3.64 billion net outflow on Sunday. The exchange says it will cover the losses and has replenished 90% of the stolen funds. The FBI has attributed the attack to the North Korean hacking group TraderTraitor.
Sun Pharmas specialty portfolio, Organon deal to drive growth
Sun Pharmaceutical achieved notable revenue growth in the September quarter, driven by strong performance in India and specialty medicines. The company anticipates medium-term growth from therapies like Ilumya and ongoing innovative projects. Although profitability was affected by acquisition and litigation costs, the domestic market share increased to 8.6% from last year. R&D investments are expected to rise in the second half of FY27 as development accelerates.
Reliance Industries reports strong growth in September quarter, driven by oil-to-chemicals segment
Reliance Industries has reported a significant growth in revenue and profits for the September quarter. The oil-to-chemicals segment has led this growth while retail segment profitability faced pressures from digital commerce investments. Jio Platforms also reported double digit revenue and profit growth, aided by increased average revenue per user and subscriber additions. Rising inflation and a shift in festive demand to the December quarter may impact future retail earnings.
November could favour bulls, but macro headwinds cloud outlook
In November, investors are optimistic about Indian equities due to ongoing festive celebrations and better-than-expected corporate earnings. While the Sensex and Nifty boasted gains in October, other market indices saw declines. However, potential threats such as rising crude oil prices and global uncertainties remain. A noticeable surge in purchases by foreign portfolio investors signals renewed interest in Indian stocks.
Two Point O Capital raises $10 million to expand clean energy platform
The company plans to enter battery energy storage and expand its solar, energy efficiency and wastewater treatment businesses
Cybercrime surge drives rush for white-collar crime lawyers
Their work is also shifting from routine compliance audits to risk assessment, incident response and investigations, they said. White-collar crimes are typically committed by entities
Flipkart looks to expand FPO tie-ups with focus on value-added, premium produce
The e-commerce company is investing in local sourcing, demand planning and premium offerings to reduce wastage and strengthen its quick-commerce supply chain.
Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp
Indian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, including Reliance Industries and Jio Platforms, published positive quarterly earnings results. Reliance Industries saw a 41% increase in net profit, supported by strong performances in various sectors. Other companies like Sun Pharma and Indian Oil Corporation also reported significant changes in their net profits.
D-Street poised for a positive start as GIFT Nifty trades firmly higher
Benchmark indices demonstrated remarkable strength, finishing above key thresholds due to robust demand for large-cap equities. However, surging Brent crude oil prices are still triggering concerns relating to the macroeconomic environment among investors. The India VIX index has recorded a slight increase in market anxiety, signaling cautious attitudes from investors.
Japanese investors deepen India bets, creating a bigger business opportunity for law firms
Sifting sands of geopolitics has meant that India and Japan come closer. Last year, Japan pledged a target of JPY 10 trillion in private and public investments into India over the next decade. Since Aug 2025, 120 MoUs have been signed targeting over 1 trillion of cross border investments
FPI buying returns to Dalal Street as global investors rethink AI bets
Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading sessions, particularly in large-cap stocks. This change in behavior may be attributed to concerns regarding the artificial intelligence trade influencing investor decisions. Globally, markets saw corrections, while Indian indices had a mixed performance in October.
Nifty faces key 23,200 hurdle, analysts remain cautious
Nifty has recently surged by nearly 2%, approaching the resistance level at 23,200. Analysts recommend building long positions to capitalize on a potential breakout. Support is set between 22,600 and 22,800, serving as a buffer. Recommended stocks for investment this week include DLF and Zensar Technologies. Investors should exercise caution in the broader market until significant resistance levels are broken.
Air India weighs Singapore Airlines executive for CFO as losses mount
Air India's management has held preliminary discussions on the appointment with Tata Sons chairman N. Chandrasekaran and Air India chief executive officer (CEO) Tewolde Gebremariam, both of whom are understood to be supportive of the move.
Data centre firm STT GDC India goes on sale
Kylian Mbappe scores penalty to secure 3-0 victory for Real Madrid against Racing Santander
Kylian Mbapp moved past a difficult week by scoring a crucial penalty for Real Madrid. He helped his team win 3-0 against Racing Santander on Sunday. Prior to this match, he narrowly missed winning the Ballon d'Or to Harry Kane. Following the award announcement, he issued an apology for a social media video. The video contained a joke about former Chinese leader Mao Zedong, which stirred controversy.
Harry Kane had a disappointing game for Bayern Munich against Dortmund despite the pre-game celebrations. He missed a penalty during the match, hitting the crossbar instead of scoring. Kane did manage to assist one goal and was active throughout the game. This draw kept both teams level on points at the top of the Bundesliga. Despite the outcome, Kane remains a key player for his team.
Fears of World War III are growing amid rising tensions between the US and Iran, with President Donald Trump abruptly cancelling his scheduled campaign events over the weekend. The developments have raised questions about whether the conflict could escalate and whether American civilians could eventually be called up for military service.
State-run general insurers to submit turnaround plans
State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.
Ascentium eyes India acquisitions to build Asia-focused global services platform
Singapore-headquartered Ascentium is looking to expand its India presence through acquisitions as it builds an Asia-focused global corporate services business. Backed by Hillhouse Investment, the firm has completed seven acquisitions in India since 2019 and is negotiating another, with plans to consolidate specialist firms and challenge established players in the market.
Irdai to weigh 650+ responses on insurance commissions
The regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, which proposes tighter commission limits, changes to expense-of-management rules and a new distribution architecture. The industry is now awaiting the draft guidelines followed by the final framework.
Gulf investors eye Indias AI infrastructure and space tech even as broader interest stays subdued
Gulf-based investors are exploring opportunities in India's artificial intelligence and space technology sectors, despite overall subdued interest. Yotta, a data centre operator, successfully raised $150 million earlier this year for expansion plans. Pixxel Space Technologies is also seeking funding in the UAE to capitalize on growing investor interest in technology. The Indian rupee's depreciation has contributed to the cautious investment sentiment among broader market participants.
Banks are safe; AI bubble is the risk for global markets: Julius Baer CEO Stefan Bollinger
Stefan Bollinger highlights the potential risk of an AI bubble affecting global markets significantly. He notes that India's equity valuation correction is healthy, maintaining the country's growth story. Investors are increasingly diversifying their portfolios with a focus on hedge funds and private equity. The Fed's decision on rates remains uncertain, though high inflation complicates matters. Rising yields in Japan are likely to attract domestic investors back to their markets.
Banks report 10-50% efficiency gains from AI
Mumbai: Banks are reporting 10-50% improvements across productivity, turnaround time and operating costs from artificial intelligence-led initiatives, with some lenders handling up to 30% more servicing volumes without adding manpower as AI moves deeper into corporate banking, collections and transaction processing.The gains vary across operations: Axis Bank has recorded productivity improvements of more than 10% in selected customer journeys, Kotak Mahindra Bank can handle 20-30% more corporate-servicing volumes with the same headcount, while AU Small Finance Bank has cut the operating cost of AI-led voice operations by 50%.Also read: Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseKotak has deployed AI across its wholesale banking operations. Under Project ACE, the bank has automated the classification and routing of corporate customer requests related to account servicing, payments, transaction disputes and inward remittances.The project has resulted in a massive efficiency gain, resolution tags have improved twice and because of this efficiency gain, there is surplus capacity, allowing the same headcount to handle 20-30% more volumes with the same capacity, said Anu Aggarwal, head-corporate and transaction banking, Kotak Mahindra Bank.The lender is also developing predictive tools to forecast corporate cash inflows, upcoming payments and surplus liquidity, and recommend investment options for excess funds.We are moving from information to intelligence. Instead of just providing CFOs with dashboards and data, we want to use predictive models to help them anticipate collections, upcoming payments and surplus liquidity, while suggesting where excess funds can be invested, Aggarwal said.HDFC Bank said digitisation and straight-through processing reduced service-delivery turnaround times by 30% during the September quarter, while customer visits per frontline employee increased nearly 50%. Former chief executive Sashidhar Jagdishan had indicated that greater AI adoption could reduce manpower requirements in back-office, credit and corporate-support functions.Axis Bank is embedding AI across customer servicing, operations and decision-making through its enterprise-wide AXIOM platform. Its AI bots handled nearly 60% of collection calls during the September quarter. AI-driven solutions such as Doc AI, Voice AI and GenAI-powered collections continue to enhance customer experience, improve operational efficiency and deliver better business outcomes, said Amitabh Chaudhry, MD and CEO, Axis Bank.ICICI Bank has developed an enterprise AI platform covering customer onboarding, fraud detection, portfolio monitoring, document processing and customer servicing. Together, these capabilities help simplify processes, improve turnaround times and support decision-making across multiple banking functions, said Sandeep Batra, executive director, ICICI Bank.
Bank cyberattacks raise insurance claim fears
The Punjab National Bank's union has urged the management to audit all 10,500 branches and examine staffing, training, security and management oversight after alleged fraud at its Greater Noida branch. Details here.
Pune Metro Line 3: Route, station list, timings and connectivity - all you need to know
Pune Metro Line 3, connecting Maan and Hinjewadi IT Park with Shivajinagar, will be inaugurated by PM Narendra Modi on November 3. Services on the 23.2-km corridor will begin at 6 am on November 4, with 17 of its 23 stations opening initially.
Power Grid Q2 net profit rises 8% to 3,866 crore
The transmission major also reported higher quarterly income, substantial capital expenditure and 99.81 per cent average transmission system availability
Stay away: Abdul El-Sayed tells Haley Stevens after she demands apology over antisemitic ad
Large and Medium Industries Minister MB Patil has dismissed claims from Union Minister HD Kumaraswamy regarding Honda Motors. He described the allegations as baseless and said they could adversely impact investment in Karnataka. Patil emphasized that Honda has been successfully operating in Karnataka for over a decade and is expanding their production capabilities. The company is set to manufacture electric two-wheelers soon at their Narasapura facility.
Hero, Honda gain ground as October two-wheeler retail jumps 29%
Nearly two-thirds of incremental volumes came from Hero MotoCorp and Honda Motorcycle & Scooter India. TVS, Bajaj and Yamaha grew slower than the market
We see significant potential in project finance, which is a margin-accretive business and offers us greater diversification, says Kumar
Published in 1792, The Old Farmers Almanac provides a wealth of information about weather and agriculture. It serves as a reference for gardening advice, recipes, and astronomical data. Originally intended to support farming, it has grown in scope over the years. The publication retains relevance as technology changes how people access information. Its enduring popularity illustrates the lasting interest in traditional sources of knowledge.
Zee Entertainment distances from Founders CBI investigation
Clarification follows ECIR booking over alleged misappropriation of 1,322 crore loan from LIC Housing Finance
Pride Hotels eyes 4,140 more rooms to touch 7,341 keys; backed by a 350400 crore capex
Pride Hotels is targeting a combined portfolio and pipeline of 7,341 rooms over the next 1224 months, with a longer-term ambition of 10,000 keys by 2030
Propane is back in Morbi, but rising prices cloud ceramic makers recovery
Varmora runs 80% of its plants on propane at 92 per SCM; Kajaria flags further price rises amid limited visibility on fuel costs
Cyclone Arnab death toll rises to 6 with two bodies recovered in landslide-hit south Odisha village
The death toll in Odisha due to Cyclone Arnab has reached six, with bodies recovered from Gidipabali village. Around 10 individuals remain missing after the village was buried in a landslide triggered by heavy rainfall. Survivors have been relocated to a relief center, expressing fears about their missing loved ones. Various rescue teams are actively searching for the missing persons amidst debris and mud.
EV penetration slips even as electric two-wheelers hit 2026 monthly peak, VAHAN data shows
VBJ to look at going public in 3 to 4 years
Honda invests 2,420 crore to raise capacity, targets premium motorcycle and EV growth
Honda Motorcycle & Scooter India President and CEO Tsutsumu Otani discusses festive demand, competition from Hero MotoCorp, electric scooters and the companys premium motorcycle ambitions
Amazon has cut up to 250 jobs in its devices and services division, mainly affecting software development roles. The company cited efficiency and changes to its product plans, while employees were informed through early morning texts and emails.
Apax co-CEO bets on Indias AI strengths, eyes faster investment
Apax Partners has invested about $4 billion in India and returned more than $10 billion to investors. Despite currency pressures and market uncertainty, the private equity firm sees long-term opportunities and may direct around 10% of its next fund to Indian businesses.
Flying from Mumbai on Nov 19? Here's what you should know about 6-hour airport closure
Both runways at the airport RWY 09/27 and RWY 14/32 will remain closed between 11 am and 5 pm on November 19, MIAL said
Nita Ambani lays foundation stone for Karjat care facility on birthday
Nita Ambani performed the groundbreaking ceremony for Nita Mukesh Ambani Anant Ashray in Karjat, Maharashtra, on her birthday. This care facility aims to support over 5,000 residents, including orphaned children and senior citizens. The township will be developed in phases and will focus on community living rather than traditional institutional care. This project will include numerous medical and recreational facilities to promote individual wellbeing and personal development.
Traditional entry-level engineering roles have collapsed due to AI: LTM
LTM says AI is reshaping IT services delivery, eliminating traditional entry-level roles while creating demand for AI-native engineers, new skills and outcome-based pricing models
Amul has launched high-protein cubes, a savoury snack offering 25g of protein and 150 calories per 38g pack. Check details of the new product here.
Masirkar is a 2008-batch IPS officer of the Nagaland cadre. She holds a Bachelor of Science degree from St Francis College, affiliated with Osmania University in Hyderabad, and an LLB degree from Mumbai University.
Syngene expects stronger H2 on order book, Zoetis supplies; retains outlook
Syngene International expects a stronger second half of FY27, driven by its order book and Zoetis supplies, while retaining guidance for a single-digit revenue decline.
Maruti flags mounting shipping disruptions in West Asia, but exports resilient
The challenges come even as Maruti Suzukis exports jumped 59.3% in October, suggesting room for further growth once the conflict eases.
RPG Life Sciences eyes another acquisition with 500 crore capital pool
The drugmaker plans to deploy 500 crore for another acquisition within 12 months as it targets 25 per cent annual growth in its API business over the next five years
Binance resumed withdrawals for 15 cryptocurrencies in phase 1 after using its own funds to cover about 95% of the $6.3 billion stolen in a heist. Details here.
Listed hotel chains, developers line up nearly 10,000 room signings in October
Lemon Tree, IHCL and Brigade led expansion signings this month as operators are targeting tier 3, 4 cities, airport hubs and emerging leisure markets
Indias coal imports decline 5.83% in August
According to a statement from the Coal Ministry, the decline was primarily led by the power sector whose imports during the reported period declined 6.4% overall.
Stay in mock Parliament, your turn will never come: Shah hits out at Rahul Gandhi over Delhi rally
Millions of Americans will change their clocks on November 1, 2026, marking the end of daylight saving time. Lawmakers are considering abandoning this twice-yearly clock adjustment, with a proposal approved by the House. However, the Senate expresses concerns about implications for winter mornings and public safety. Disagreements surfaced between Republican Senator Tom Cotton and the president over permanent daylight saving time.
NBCCs Avenue Towers in Sarojini Nagar sees 5,191-crore sale of 8.8 lakh sq ft apartments
State-owned NBCC has sold residential apartments spanning approximately 8.80 lakh sq ft at Avenue Towers on Africa Avenue Marg in New Delhi's Sarojini Nagar for around 5,191 crore. The proceeds will be used to fund Central Government redevelopment projects.
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi
Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone in Navi's growth after securing USD 100 million from Prosus.
Indian Oil spends 37% of 32,700 crore FY27 capex target in first half
Indian Oil spent 12,162 crore in the first half of FY27, with refining and marketing accounting for the bulk of investments as major refinery expansion projects near completion.
Coal Indias supply to power sector in October records all-time high, grows 19%
The countrys largest coal producers supplies to the sector crossed the 57 MT mark for the first time in the companys history
Godrej Properties targets 40,000 cr revenue recognition by March 2028
Godrej Properties expects a sharp rise in deliveries and earnings next fiscal, with sold-out projects worth 40,000 crore set for revenue recognition by March 2028.
Jio says tariff hikes can wait, eyes 10-15 partners for overseas play
Jio Platforms plans to drive growth through digital services and overseas technology partnerships rather than rely solely on mobile tariff hikes.
UPI average daily transaction value crosses 1 lakh crore for first time in October
UPI processed transactions worth an average of 1,01,707 crore daily in October 2026, crossing the 1 lakh crore mark for the first time. Monthly transaction value hit 31.53 lakh crore, while transaction volume rose to 25.47 billion.
PNB Housing aims for a 4x growth in corporate loan book to Rs 3,000 crore
PNB Housing Finance aims to expand its corporate loan book significantly by the end of March 2027. The company intends to maintain a focus on retail housing finance while growing its corporate lending portfolio. Currently, the corporate loan book stands at Rs 689 crore, contributing to 3 percent of overall loans. Loan growth guidance of 18-20 percent for the financial year remains unchanged, despite interest rate increases.
Bosch Home Comfort eyes double-digit share in India AC market with dual-brand strategy
Bosch Home Comfort Group plans to position Hitachi in the mainstream and mass-premium segments and Bosch in the performance-premium and super-premium categories
Knowledge Marine bags 300 crore dredging order from New Mangalore Port
The order encompasses maintenance dredging across the outer approach channel, lagoon, dock areas, turning circle, designated berth faces and pump-house areas
Valuation changes no grounds to reopen TVS family settlement: InGovern
Corporate governance advisory firm InGovern calls for a review of disclosures and a legally defined resolution of the TVS family dispute to protect minority shareholders
Solex Energy eyes US market for global debut, plans module and cell projects
The US is a high-potential market, Chetan Shah, Chairman and MD of Solex Energy, told PTI.
Coal India records 19% growth in October production
Offtake in October stood at 70.3 MT, up 18.7 per cent from 59.2 MT a year ago.
Good intentions, unintended consequences: The cost of regulation
Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.
IL&FS moves NCLT to recover 185.88 cr from 23 former directors
Scam-hit IL&FS said it paid remuneration to its erstwhile directors based on profits shown in the original accounts.
NMMS scholarship 2026-27 deadline extended: Check new date, eligibility and application process
The Ministry of Education has extended the NMMS scholarship application deadline for the 2026-27 academic year to November 15. Students can apply through the National Scholarship Portal, while institute-level and district-level verification must be completed by November 30 and December 15, respectively. The scheme provides eligible students with annual financial assistance of Rs 12,000.
Global beverage majors advance India IPO plans, from DRHP filing to board approval
Carlsberg has filed an updated draft red herring prospectus for its potential IPO in India. Pernod Ricard continues to prepare for its proposed listing while awaiting board approval for its Indian business. Coca-Cola is exploring a potential IPO for its Indian bottling operations, emphasizing the value in the domestic market. These developments indicate a growing interest in public listings among multinational beverage companies in India.
Festive mode brings cheer to automakers with record sales in October
Tata Motors, Hyundai Motor India and Mahindra & Mahindra see best-ever October sales
M&M vehicle sales grow 9% to record 13,1109 units in Oct
Mahindra & Mahindra said domestic passenger vehicle sales rose 2% year-on-year to 73,338 units in October, and commercial vehicle sales rose 4% to 33,037 units
Sarda Energy & Minerals Q2 results: Net profit dips 2.2% to 320 crore
Sarda Energy & Minerals has reported a 2.2 per cent decline in consolidated net profit to Rs 320 crore, mainly impacted by lower revenues. It clocked Rs 328 crore profit after tax (PAT) in the second quarter of the preceding 2025-26 financial year, the company said in a statement on Saturday. In July-September, the company's total income reduced by 5.7 per cent to Rs 1,505 crore from Rs 1,596 crore a year ago. In Q2 FY2, the company's EBITDA also fell 2.7 per cent year-on-year to Rs 564 crore from Rs 580 crore in July-September of FY26. However, in April-September, its PAT grew 4.5 per cent to Rs 799 crore from Rs 764 crore in the year-ago period. Sarda Energy & Minerals Limited (SEML) is an integrated energy and minerals company with interests spanning power generation, mining, steel and ferro alloys.
Hyundai Motor India sales rise 17.7% in Oct to 82,299 units
The milestone was driven by record domestic sales of 62,799 units, a 16.7% rise, and exports grew 21.1% to 19,500 units, the automaker said
Escorts Kubota reports 10% decline in October sales to 16,921 units
Escorts Kubota Ltd on Sunday reported a 10 per cent year-on-year decline in total tractor sales to 16,921 tractors in October from 18,798 a year earlier. Its domestic tractor sales fell 10.9 per cent to 16,412 tractors compared to 18,423 units in the year-ago period. However, the company's exports rose 35.7 per cent to 509 units in October against 375 units in the year-ago period. The industry witnessed some moderation in October 2026, impacted by a high base, shift in festive timing and monsoon-related disruptions. Elevated input costs due to geopolitical developments and consequent pricing actions may moderate demand in the near term, the company said in a release.
Oil PSUs clock 30,106 cr Q2 profit, near 39% of last years earnings
The earnings boost was primarily because of high refining margins and inventory gains.
French billionaire Xavier Niel has secured CCI approval to acquire a 16.2% stake in Vodafone. The Iliad founder built his fortune through low-cost telecom services before expanding into media, startups, and artificial intelligence. Heres a look at his career and investments.
Centre notifies airfare rules; to take effect from January 1
The DGCA will monitor tariffs established by operators.
10 penny stocks plunge up to 70% in three months. Do you own any?
Ten actively traded penny stocks have fallen between 34% and 73% over the past three months, highlighting the risks associated with low-priced shares. Cropster Agro recorded the steepest decline at 73%, followed by Bridge Securities and Empower India, which dropped 55% and 50%, respectively.
IOC, BPCL, HPCL clock 30,106 cr Q2 profit, nearly 39% of FY26 earnings
India's three state-run fuel retailers earned a combined standalone net profit of Rs 30,106 crore in the July-September quarter, nearly 39 per cent of their annual earnings, after a refining margin boost and inventory gains helped more than offset losses on fuel sales and a mounting unpaid LPG subsidy bill. The combined profit of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) is 68.3 per cent more than their earnings in the same period last year and a swing from a combined loss of about Rs 18,150 crore in the previous April-June quarter, according to company filings. The July-September quarter alone equals about 39 per cent of the three companies' combined FY26 (April 2025 to March 2026 financial year) profit of Rs 77,281 crore. The boost in earnings came despite petrol and diesel prices remaining on freeze since May and unchanged domestic LPG rates since March, despite a surge in benchmark prices and input crude
Tech Mahindra prioritises growth blitz after margin boom
As he completes 12 quarters at the helm next month, Tech Mahindra CEO Mohit Joshi talks about prioritizing organic growth, decoupling headcount from revenue in the AI era, and eyeing larger acquisitions next year.
