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INDIA bloc MPs begin march from Parliament, to meet President Murmu over concerns regarding EC
Members of Parliament belonging to the opposition INDIA bloc on Friday began a march from the Parliament House towards Rashtrapati Bhavan to submit a memorandum to President Droupadi Murmu, raising concerns over the functioning of the Election Commission of India (ECI).
If a startup can reach orbit, India can build AI the world wants: Satyan Gajwani, Times Internet
Why AI data centres need a power rethink | Vertivs Greg Funk
Montana's National Weather Office has announced a winter weather advisory affecting Interstate 90 and nearby regions. Anticipated snowfall could reach 3 inches accompanied by wind gusts up to 35 mph. This advisory will be active from 6 p.m. Saturday until 6 p.m. Sunday local time. Motorists in western Montana should prepare for slippery conditions on various highways.
Newly reported documents have led to the reopening of the criminal investigation regarding Jane Doe's sexual assault allegations. She claims to have been drugged and assaulted by members of the Chi Phi fraternity. Investigators previously received differing versions of her account, affecting how the case was initially handled. The ongoing inquiry will examine the discrepancies in the evidence provided to prosecutors.
The Future of 6G, Agentic AI, and On-Device Processing
Weather Tomorrow: The India Meteorological Department has issued a weather alert predicting heavy rainfall and thunderstorms for several regions. Delhi-NCR is expected to have partly cloudy skies along with light rain and potential strong winds. In Haryana, isolated rainfall and thunderstorms are possible on Saturday, while Uttar Pradesh may experience scattered rainfall. Additionally, Punjab and Bihar are likely to see light rain or thundershowers throughout the day.
Donald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weighing on support for his party ahead of the November 3 election that will determine control of Congress for the next two years.
This October, Xbox Game Pass subscribers are in for a treat with the launch of several exhilarating games, including 'Gears of War: E Day'. Fans can also look forward to 'Battlefield 6', arriving later this month. However, players should keep an eye on the clock, as some titles will leave the service by October 15, prompting potential purchases.
PepsiCo India sharpens focus on zero-sugar, low-sugar portfolio in beverages
Bhandaru believes that over the next one and a half years, low-sugar and zero-sugar products will account for nearly 90 per cent of the portfolio volumes
Quest Global shifts domicile to India ahead of IPO
India currently contributes approx single-digit share of revenue, Prabhu said.
Thai arms smuggler gets six years in jail for role in NSCN (IM) arms procurement conspiracy
Willy Naruenartwanich was sentenced to six years in prison for his role in an arms procurement conspiracy. The conspiracy involved the National Socialist Council of Nagaland (IM) seeking to acquire weapons. Naruenartwanich acted as a key conspirator and middleman in the arms network. The case reflects the efforts made by the National Investigation Agency to combat international arms smuggling.
RBI raises average CRR maintenance requirement for banks
The Reserve Bank of India will raise the minimum daily cash reserve ratio requirement to 99% from 90%. This change will take effect from mid-October, specifically the fortnight starting October 16, 2026. Banks will be required to maintain this increased percentage without the previous operational flexibility. The move aims to reduce the current surplus liquidity within the banking system.
27 FIRs in 7 days: Legal crackdown ensues over protests against CEC Gyanesh Kumar
Over a week, law enforcement registered 27 FIRs against protesters targeting the Chief Election Commissioner, Gyanesh Kumar. The police utilized provisions of the Bharatiya Nyaya Sanhita to enforce regulations and account for collective actions. Specific sections invoked included those addressing joint criminal liability, obstruction of public officials, and physical confrontation. Police established barricades and sealed roads around key protest locations to maintain order.
Poonawalla Fincorp Q2 Results: Profit skyrockets 407% YoY to Rs 375 crore, NII rises 81%
Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profit more than doubled, supported by business growth, improving asset quality and an expanded gold loan network.
Anand Rathi Wealth reported a 22% year-on-year rise in Q2 business profit to Rs 122 crore, with revenue increasing 16%. Assets under management reached Rs 1.08 lakh crore as quarterly net inflows hit a record Rs 4,186 crore.
Kolkata (West Bengal) [India], October 9: SPRODE INDIA has introduced RAYLITH, a high-contrast Vision Amplification Screen specially designed for compatible RGB laser projectors, including the JMGO N3 Ultimate. The screen combines multilayer reflective Fresnel optics, a speckle-reduction design and a flexible optical surface with a foldable fixed frame. Its Indian-market MRP is 1,25,000.
TCS builds higher bench, increases subcontracting as it prepares for demand
IT major says capacity is being built ahead of deployment; workforce rises to 5.98 lakh with focus on next-generation skills
TCS builds higher bench, increases subcontracting as it prepares for demand
IT major says capacity is being built ahead of deployment; workforce rises to 5.98 lakh with focus on next-generation skills
Half of Indias MTF book is in smallcaps; Nithin Kamath flags liquidity risks
Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of Indias margin trading facility book. He highlighted liquidity risks during market downturns, when smaller stocks may face sharper selling pressure.
Kay Beauty hits 300 crore annualised revenue run rate, eyes global expansion
The brand now counts nearly 3 million consumers in India and claims the position of the countrys largest celebrity beauty brand
Divine Solitaires Partners with Olocker to Offer Free Jewellery Insurance to Customers
Mumbai (Maharashtra) [India], October 9: A diamond is rarely just a diamond. It's the ring held onto through a proposal remembered a hundred times over, the pendant passed from a mother to a daughter, the gift bought with months of saving for an anniversary that mattered. That same piece, worn out into the world, is also vulnerable to a moment no one plans for, a chain snatched off a crowded street, a home broken into, a robbery that turns a cherished possession into a painful memory. It is with this understanding that Divine Solitaires, India's leading loose solitaire brand focused exclusively on natural diamond jewellery, and Olocker, India's first dedicated jewellery insurance platform, have come together, not to launch a new product, but to extend a promise that Divine Solitaires made to its customers nearly 15 years ago, long before jewellery insurance was common in the industry.
Adani Power shares: GQG Partners-managed entities cut stake to 5.72% from 5.74%
GQG Partners entities sold 50.39 lakh Adani Power shares through on-market transactions, reducing their combined stake to 5.72% from 5.74%. The disclosure comes as the stock gains 27.05% in 2026 and the company expands into Bhutanese hydropower.
Trumps move to suspend PERM programme for Indian IT majors raises talent-retention concerns
A prolonged suspension could complicate talent management, however, could accelerate the shift towards offshore delivery and alternative technology hubs, certainlybenefiting India,say industry analysts
Trumps move to suspend PERM programme for Indian IT majors raises talent-retention concerns
A prolonged suspension could complicate talent management, however, could accelerate the shift towards offshore delivery and alternative technology hubs, certainlybenefiting India,say industry analysts
3 cr per month salary? Meet India's 'highest-paid' bank CEO - ICICI veteran and HDFC's Anup Bagchi
HDFC Bank has reportedly proposed annual pay of up to 35.90 crore for incoming CEO Anup Bagchi, plus a 7.35 crore stock-linked joining bonus that could take total compensation to 43.24 crore. Bagchi is scheduled to take charge on October 27, 2026.
Tata Asset Management CEO Anand Vardarajan highlights how passive funds, SIFs and GIFT City are reshaping wealth management. He advocates combining active and passive strategies while monitoring global yields, inflation and valuations to build diversified portfolios.
Fabience Unveils State-of-the-Art Furniture Mega-Plant in Hyderabad
Hyderabad (Telangana) [India], October 9: Fabience, the Hyderabad-based premium furniture manufacturing brand, today announced a major strategic expansion with plans to set up a new Greenfield plant near Hyderabad, Telangana. Spanning over 1.5 lakh sq. ft., the state-of-the-art facility involves an investment of approximately Rs. 50 crore and is targeted for completion by next year. The project is expected to generate direct employment opportunities for around 100 people, said Mr. Raj Venu Gopal Takkallapally, Managing Director.
Market wrap: ITC, TCS, BSE, RIL top gainers and losers on Nifty and Sensex on Friday
The Indian equity markets saw a robust recovery as both the BSE Sensex and Nifty 50 registered remarkable gains. The Nifty 50 surged by 288.65 points, closing at 22,520.45, while the Sensex jumped 879.09 points. Notably, the Nifty IT index rose 3%, signaling a positive market sentiment. A total of 2,182 out of 3,684 stocks climbed higher, reflecting renewed investor interest in bargain opportunities.
Fabience to set up50 cr greenfield furniturefacility in Hyderabad
The new facility will incorporate advanced Italian and German machinery alongside cutting-edge manufacturing technologies
Cupid among 7 stocks that hit 52-week highs; rallied up to 30% in a month
Seven stocks from the BSE 1000 index hit fresh 52-week highs as the Sensex rallied 879 points. Cupid led the list with a 31% monthly gain, followed by Shreeji Shipping Global, Aditya Infotech and other stocks.
Reliance Jio IPO: Likely price band for India's biggest listing revealed. Check details
Jio Platforms has set a price band of Rs 1,065-1,119 for its upcoming IPO. The company plans to raise between Rs 28,755 crore and Rs 30,213 crore with the offer. Public subscription is scheduled to start on October 21, with shares potentially listing on October 28.
Nomura has cut PB Fintechs target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered earnings estimates, while alternative scenarios suggest fair values of Rs 1,335-1,366.
Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?
Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBIs shift to calibrated tightening continue to cloud the market outlook.
'How did they become Surrender Gandhi?': Ram Madhav targets Rahul over Starlink
BJP leader Ram Madhav responded to Rahul Gandhi's comments regarding Elon Musk's Starlink and spectrum allocation. He emphasized that spectrum allocation in India will follow legal protocols without discrimination. The BJP criticized Congress for their previous stance claiming Starlink was a national security threat and questioned their sudden support of Musk.
India needs level playing field where every business has fair chance to compete: Rahul Gandhi
Rahul Gandhi underscored the importance of a level playing field for businesses in India while addressing crony capitalism. His remarks followed an online exchange with Elon Musk regarding Starlink's licensing issues. Gandhi argued for an economy driven by innovation and hard work instead of political connections. The Indian government refuted allegations by Musk about blocking Starlink's services, clarifying compliance requirements.
Robert Kennedy Jr. has said US children receive too many vaccines, falsely claiming repeatedly that kids get up to 90 doses before age 18, which has been echoed by President Donald Trump.
'My family and I will join the CJP protest,' says Arvind Kejriwal, urges mass turnout
Arvind Kejriwal announced his participation in a protest at Jantar Mantar organized by the Cockroach Janata Party. This protest is set for October 10, demanding the resignation of Chief Election Commissioner Gyanesh Kumar. Kejriwal accused the central government of tampering with voter lists and manipulating elections. He urged citizens across the country to join this peaceful demonstration for national integrity.
GST Council bets on faster refunds, lower penalties to ease business burden
The 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include increasing the prosecution threshold and reducing penalties for non-compliance. The proposed framework features faster acknowledgement timelines for claims and provisional refunds for taxpayers. Changes to the inverted-duty structure are set to unlock credits in various sectors including textiles and manufacturing.
MV Electrosystems shares have surged over 100% from their IPO price, boosting Madhuri Kelas stake value to Rs 111.55 crore. However, declining FY26 revenue and a net loss raise concerns about the companys future profitability.
Ravindra Jadeja named in Saurashtra squad for Ranji Trophy opener, Unadkat to lead
Indian Cricketer Ravindra Jadeja is set to play for Saurashtra against Chhattisgarh in the upcoming Ranji Trophy season. Jaydev Unadkat will continue as captain following his successful stint with Sussex. Saurashtra has retained 14 players from this season's squad and made two new additions. The team aims to improve after their early exit in the previous tournament. Their opening match will take place at the NIranjan Shah Stadium in Rajkot.
Ageas Federal launches multi-currency life insurance plan at GIFT City
Ageas Federal Life Insurance has launched its first GIFT City product, a multi-currency ULIP that lets customers invest in US dollars, euros or pounds while receiving life cover. The Aurum Advantage Plan is open to customers of any nationality, including NRIs, OCIs and PIOs, with a minimum investment of $3,000, 3,000 or 3,000.
POP has launched a buy-now-pay-later feature developed with LazyPay that lets eligible customers split POPshop purchases into three monthly payments. Details here.
Genetidoc Launches India's First Online Forum for Rare Genetic Diseases
Thiruvananthapuram (Kerala) [India], October 9: Genetidoc Genetic Clinic and DNA Testing Lab has launched the Genetidoc Rare Disease Forum. It is India's first online forum for rare genetic diseases, where patients and caregivers can ask questions and receive answers from qualified genetics specialists. Membership is free. Families can also connect with one another and follow clinical trials for genetic conditions.
MEA criticises US tech visa crackdown
The administrative freeze targets Indian IT companies TCS, Infosys, Wipro, HCL Technologies, and Cognizant, alongside Capgemini, Microsoft, and Adobe
Bengaluru (Karnataka) [India], October 9: Astrogate Labs, an Indian deep-tech company developing Free-Space Optical Communication (FSOC) systems for space applications, and Spacebeam Inc., a South Korean optical communications company developing optical ground station infrastructure, have signed a Memorandum of Understanding (MoU) on Strategic Partnership to advance the validation, demonstration and commercialization of end-to-end space-to-ground laser communication solutions.
Zetwerk said to plan up to $525 mn India IPO next week
Zetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. The offering will include a fresh issue and a secondary sale by existing shareholders.
e3W sales surge 40% in September; market share rises to 64.9%
Bajaj leads the chart followed by Mahindra and TVS
Rs 1,024-crore market cap, Rs 10,000-crore order book: This penny stock jumps 11% after SAIL deal
SEPC shares jumped nearly 11% to Rs 5.47 on Friday after securing an Rs 854.57-crore contract from SAIL for its IISCO Steel Plant expansion in Burnpur. The deal pushes SEPC's consolidated order book past Rs 10,000 crore, nearly 10 times its market capitalisation, providing multi-year revenue visibility.
How Do Family Offices Hunt for Multibagger Startups?
How Do Family Offices Hunt for Multibagger Startups?
CEA Nageswaran pitches for MSME-specific approach to NPA classification norms
V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for Indias business practices. Additionally, he suggested reducing compliance costs for MSMEs to improve their operational efficiency.
SAP India challenges order to restore software services to Nayara Energy
The German tech giant is contesting a Delhi High Court ruling that barred it from citing EU sanctions against Russian owner Rosneft to halt critical IT maintenance for the energy major.
Investors cheer TCS Q2 report card despite slowest growth in three years
The companys shares surged nearly 6% on Friday as investors backed its strategy to prioritize market share and AI deal pipelines over operating margins.
Ashish Kacholia sells over 2 lakh Carysil shares in Q2. How has the stock fared?
Ace investor Ashish Kacholia trimmed his stake in Carysil by over 2 lakh shares during the July-September quarter of FY27, reducing his holding to 2.72%. The kitchen sink makers stock has corrected sharply from its July peak after a strong rally earlier this year. Heres a look at Carysils recent share price performance, long-term returns and analyst outlook.
Pidilite shares rise marginally as company appoints Amit Agarwal CFO-designate
Pidilite Industries shares rose on Friday after the company appointed Amit Agarwal as CFO-designate and Senior Management Personnel, effective October 9, 2026. Agarwal brings over 22 years of finance experience and has previously worked with Pfizer, Hindustan Unilever and Vedanta Resources. He is a Chartered Accountant, Cost Accountant and Company Secretary.
Explained: Why IT stocks ignored Donald Trumps PERM suspension to gain Rs 70,000 crore in one day
IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.
Anushka Sharma's 44.1-crore Mumbai property deal: 3 apartments on the same floor
Actor Anushka Sharma and her family have purchased three apartments worth a combined 44.1 crore at Godrej Skyshore in Mumbai's Versova. The transactions include individual purchases by Anushka and her parents, as well as a joint apartment purchase by Anushka and cricketer Virat Kohli.
Flipkart said to weigh $2 bn Esop buyout for current employees in early 2027 amid IPO uncertainty
Former employees to be considered in a separate Esop round later.
US PERM suspension: How the move could impact Indian IT companies
Although Indian IT companies have reduced their dependence on the US H-1B visa programme, the PERM suspension could add to existing immigration-related challenges
Vedanta shares jump over 3% after Rs 5 interim dividend announcement
Vedanta shares rose on Friday after the mining major announced its first interim dividend of Rs 5 per share for FY27, with a total payout of Rs 1,955 crore. The dividend marks the company's first since its demerger into five entities, which could reshape its future dividend payouts.
Dubai [UAE], October 9: What if students did not all have to learn the same thing, in the same way, at the same time?
TCS shares surge 4% post-results; analysts split on outlook
The move brings some relief to investors who have seen TCS shares decline sharply over the past year
Salute Tiranga Cricket League Unveils Eight Franchises at Players Draft Ceremony in New Delhi
New Delhi [India], October 9: The Salute Tiranga Cricket League (STCL) organised its Players Draft Ceremony at Le Meridien, New Delhi, marking a significant milestone ahead of the inaugural season of its League Season 1. The ceremony witnessed the unveiling of all eight participating franchise teams along with the announcement of players selected to represent each team. The first season of STCL is scheduled to be held at Miraj Stadium, Nathdwara, Udaipur, Rajasthan, from October 21 to 28, 2026.
HDFC Bank shares bounce back after rate hike blow; YTD loss tops 29%
HDFC Banks market capitalisation stands at 10,85,392.16 crore
Pune (Maharashtra) [India], October 9: Tetra Pak, in partnership with Alternative Development Initiatives (ADI), today handed over rejuvenated community ponds in Pur and Rase villages of Khed Taluka, Pune, marking a key milestone under its Integrated Water Resource Development and Management (IWRDM) Programme. The handover, held in the presence of Gajanan Patil, CEO, Zilla Parishad Pune, places the assets in the stewardship of the local communities, following a phased programme of water conservation and community-led interventions undertaken since 2024.
Vivriti Asset Management returns over Rs 3,400 crore to investors across two fund vintages
Vivriti Asset Management has completed and exited its Vintage II credit funds, returning over Rs 2,260 crore in capital and income. The funds invested across more than 45 companies, delivering gross IRRs of around 12% to 15%.
No impact on workforce strategy due to US ban: TCS
The companys workforce strategy in the US is anchored in hiring local talent, supported by a robust campus recruitment model, as per management
Aditya Birla Renewables seeks $1.5 bn in rupee loans to buy Shell arm Solenergi, bankers say
The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion
15,410% rally in 5 years! Multibagger Cupid shares jump 3% to hit fresh 52-week high
Cupid shares jumped hit a fresh 52-week high of Rs 368 on Friday, extending their rally for a fourth straight session. Earlier this month, Cupid raised its FY27 revenue and profit guidance for the second time in less than two weeks, targeting revenue of Rs 800 crore and net profit of Rs 250 crore for the financial year.
Europes diesel shortage could lift Reliances O2C earnings 38% to 20,700 crore in Q2
The O2C business is expected to account for nearly three-fourths of Reliance Industries projected 7,800-crore increase in core EBITDA
Hospital stocks rose up to 5% after the government capped trade margins on non-scheduled anti-cancer drugs at 30%, potentially reducing medicine prices by 70%. Jefferies and Emkay expect manageable earnings impacts, despite near-term margin pressures. Jefferies favours Fortis, Manipal, Apollo, Max Healthcare and Medanta, citing strong demand and attractive valuations.
The government wants to accelerate financing for the scheme to make households less dependent on conventional sources of electricity.
Crude oil, uneven monsoon pose risk to banks despite benign asset quality: Report
Higher crude oil prices and drought conditions in five states may impact Indian banks' asset quality outlook. This follows a stable credit cost scenario for private and public sector banks. The report suggests monitoring external factors affecting borrowers' repayment capacity. While deposit growth has improved, there are risks to profitability and net interest margins. Investors are advised to keep an eye on these developments in the coming quarters.
High protein or no added sugar may catch your eye, but what does the label reveal? Experts explain how to read serving sizes, calories, nutrients and ingredients, helping you look beyond prominent packaging claims and understand what you are buying.
Musk loses trillionaire status again; Nvidias Jensen Huang, Larry Ellison lose $15 billion amid IT stock sell-off
Rural roads: Centre enlists IIT, NIT academicians for quality checks, fixing defects
The ministry of rural development is bringing in IIT and NIT academicians for inter-state inspections to pinpoint defect causes and boost accountability across Indias 800,000-km rural road network.
Hexaware Technologies shares surge 11% on multi-year pact with Anthropic
Hexaware Technologies shares surged after the IT services firm announced a multi-year partnership with Anthropic to integrate its Claude AI models into its platforms. The tie-up will focus on enterprise AI solutions and deployments across IT operations and software engineering.
The Indian stock market has undergone a significant downturn, with nearly Rs 30 lakh crore wiped off its market capitalisation. Contributing factors include surging oil prices and elevated bond yields. Experts predict that any potential rebound hinges on the health of the broader economy. Additionally, Foreign Institutional Investors have been notably offloading their equities, while technical indicators display a cautious outlook as Nifty struggles against ongoing bearish trends.
D-St Exit Rush! Sectors that saw sharpest FII selloff in 2nd half of September
In mid-September, foreign investors took a step back from Indian equities, causing significant shifts across multiple sectors. The financial services sector saw the largest impact, facing net outflows of Rs 6,943 crore. Concurrently, oil, gas, and fuel markets suffered a major withdrawal of Rs 4,469 crore amid increasing oil prices.
The Friday test: Will Nifty extend its historic losing streak to nine weeks?
Indian equity markets are facing the prospect of a ninth consecutive weekly downturn amid multiple challenges. This week alone, the Nifty index has dropped by around 0.8% following a significant slide. Factors such as foreign selling, surging crude oil prices, and a depreciating rupee have dampened market sentiment. Technical analyses reveal bearish patterns, raising alarm among investors. Financial institution executives express concern over possible future market trends and investor reactions.
WazirX futures trading volume jumps 236% in Q3 as exchange expands AI tools
Indian cryptocurrency exchange WazirX said its futures trading volume rose 236 per cent between the beginning of July and the end of September, as it expanded derivatives offerings, introduced AI-powered trading tools and stepped up tax-reporting and compliance features. Trading volume at its September peak was about 345 per cent above early-July levels, while the number of daily futures traders was approximately 279 per cent higher toward the end of the quarter, the company said in a statement on Friday. The exchange's July-September expansion included the launch of USDT-denominated perpetual futures with Indian rupee margin, an AI trading assistant, automated margin top-ups and a free cryptocurrency tax-reporting platform. The developments reflect a push to broaden access to derivatives trading while giving users more tools to manage positions and track transactions.' WazirX introduced INR-margined crypto-USDT futures in August, allowing users to trade supported USDT-denominated
Fusion CX sets price band for Rs 702 crore IPO; issue opens on October 14
Fusion CX has set a price band of Rs 275289 per share for its Rs 702 crore IPO, which will open on October 14 and close on October 16. The issue comprises a fresh issue worth Rs 500 crore and an offer for sale (OFS) of Rs 202 crore. Allotment is expected on October 19, with shares scheduled to list on the BSE and NSE on October 22, 2026.
PERM suspension won't affect workforce strategy, customer engagements: TCS
The IT services major said its PERM applications were in single digits over the past two years and reiterated plans to hire 15,000 people in the US over five years
TCS shares jump 4% after Q2 results. What are Goldman Sachs, Nomura, others saying?
TCS shares surged after the IT major reported a 15% year-on-year rise in Q2 consolidated net profit to Rs 13,884 crore. Revenue in constant currency terms grew 0.5% quarter-on-quarter, while operating margin stood at 24%. The company declared a second interim dividend of Rs 12 per share for FY27.
Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: Report
According to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign currency deposits could exert pressure on lending margins, impacting profitability. Loan growth remains healthy, contributing to income increases and reduced provisions for loan losses. Overall banking system growth is anticipated to moderate as FCNR-B funding normalizes.
The Indian stock market showed positive movement after oil prices cooled down significantly. Sensex climbed over 400 points reaching 72,000, while Nifty 50 surged above the 22,350 mark. This recovery followed a previous sharp decline that erased over Rs 10 lakh crore from Dalal Street. Broader markets exhibited mixed results with Nifty Midcap 100 gaining and Nifty Smallcap 100 showing losses.
TCS says US PERM suspension won't affect plans, targets 15,000 new hires
The company said its US workforce strategy centres on hiring local employees, including through campus recruitment; it aims to hire 15,000 people in the US over five years
Several companies are scheduled to announce their results for the quarter ended September 30, 2026, on Friday. Anand Rathi Wealth, Can Fin Homes, Canara Robeco Asset Management Company and Poonawalla Fincorp are among the companies in focus as the September-quarter earnings season progresses. Follow this live blog for the latest results, key financial highlights and stock movements as companies announce their earnings.
South Indian D2C food brands turn to Mumbai tastings as online customer acquisition costs rise
From experimental coffee processing to regionally inspired chocolates and artisanal cheese, producers are using in-person experiences to explain premium pricing
Q2FY27 results today: Anand Rathi, Poonawalla Fincorp to announce earnings
Anand Rathi Wealth, Canara HSBC Life Insurance, Poonawalla Fincorp, Waterways Leisure Tourism, Canara Robeco Asset Management Company and 6 other firms will announce their Q2FY27 earnings today
