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Mphasis extends Social Security Scotland deal in 35.4 million contract
The contract extension strengthens Mphasis presence in the public-sector technology services market in Europe, while deepening its role in supporting large-scale digital platforms that underpin essential citizen services.
Three-day raw material expo takes off in Coimbatore
ADB, Japan to finance AM Green Ammonias project
The project will convert a former ammonia and urea plant from natural gas fuelled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tonnes per year
Bengaluru space-tech firm The Guild unveils 150-acre rocket testing facility near Sriharikota
Ethereal Exploration Guilds new facility will support development of its fully reusable medium-lift launch vehicle.
From Operation Sindoor to ADAS: Tonbo Imaging takes battlefield technology to civilian applications
Tonbo Imaging is leveraging its advanced military imaging systems to enhance road and railway safety as it prepares for a major IPO
Inside the Bharat D2C Conclave 2026, which brought founders, investors and policymakers together to discuss the business decisions shaping Indias direct-to-consumer (D2C) ecosystem, from scaling revenues and expanding distribution to using customer data and navigating regulatory requirements.
FSSAI issues notice to Gemini Edibles over rice bran oil claims, flags Delhis Radisson Blu hotel
The regulator cited unpermitted cholesterol claims, hygiene deficiencies, pest activity and food-handling lapses in its latest enforcement actions against food businesses
Urban Company net loss widens in Q2, revenue up 41.4%
The companys board also approved raising up to 2,500 crore through the issue of equity shares or other convertible securities via qualified institutional placement (QIP), subject to shareholder approval.
Chandrasekaran, P.B. Balaji to join Iveco board as Tata deal reaches final stage
While N. Chandrasekaran will join as Ivecos chairperson, P.B. Balaji and Girish Wagh Wagh will join as non-independent directors.
RapidCanvas raises $29 million in Series B round led by Vertex Ventures
The funding takes RapidCanvas' total capital raised to $52.5 million and will support expansion of its go-to-market teams, field AI engineering operations and partner network.
Tally Solutions plans to rebuild the core architecture of its 40-year-old accounting software to keep pace with AI, which its managing director says is essential for survival. Its AI product, TallyIra, automates document processing but keeps users in the loop to check entries.
Cult.fit receives Sebi approval for proposed IPO
Cult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue rose 36.26% in FY26, while adjusted EBITDA margin improved significantly as fitness operations expanded nationwide.
LTM dividend, Q2 results 2026 alert: 25 per share payout, net profit slips 5% QoQ; check record date
LTM reported Q2 FY27 net profit of 1,397.9 crore, down 4% quarter-on-quarter, while revenue rose 13.6% year-on-year to 11,807.6 crore. The company declared an interim dividend of 25 per share, with October 23, 2026, set as the record date.
Snabbits FY26 loss widens 29-fold to 168 crore
Snabbit has raised $112 million across five funding rounds and was valued at $377 million following its Series D round
RBI approves Emirates NBD merger with RBL Bank from December 1: 5 key things to know
RBI has approved the merger of Emirates NBDs Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBDs 26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.
Boeing 737NG, ATR, Dash 8 upgrades on agenda of GMR Aero Technics pact with Canadian firm
Snabbit's expansion push comes at a cost as FY26 losses hit 168 crore
Snabbits FY26 loss widened nearly 30-fold to 167.75 crore as spending on workers and marketing outpaced revenue, while the economics of scaling instant home-help remain challenging.
Q2 Results Highlights, 16th October 2026: Stay tuned to get real-time market, business and financial news updates
Vi disrupts with Indias first prepaid family plan
Introduces a first-ever proposition that lets prepaid customers create A Vi prepaid family on the Vi app, enabling data sharing, assured savings and exclusive offersfrom anywhere in the country
RBI approves merger of Emirates NBD's India branches with RBL Bank
The Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially take effect on December 1, 2026, according to the central bank's announcement. Emirates NBD Bank initially opened its first Indian branch in Mumbai in 2017, expanding later to Gurugram and Chennai. The Finance Ministry had previously approved Emirates NBD's acquisition of a significant stake in RBL Bank.
DLF Q2 profit rises to Rs 1,301 crore as luxury project sells out
DLF reported a 11% year-on-year increase in July-September net profit to Rs 1,301 crore, with sales bookings reaching Rs 3,800 crore. Its Aureva luxury retirement project in Gurugram sold out, while the company maintained a strong net cash position.
Ujjivan SFB to raise Rs 409 crore from IFC, three insurers
Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.
Ethereal Exploration Guild unveils 150-acre facility for reusable rocket development
Located about 40 km from Sriharikota, the facility will bring engine testing, vehicle integration, manufacturing and refurbishment capabilities together under one roof
SIMCA enters airport advertising market with 5 lakh monthly Shirdi deal
The contract is for an initial 24-month period from the date of execution, with a possible extension up to 36 months at MADC's discretion. The estimated consideration is 5 lakh per month, plus applicable taxes.
Mumbai (Maharashtra) [India], October 16: Raymond Lifestyle hosted a one-of-a-kind luxury gathering dedicated to the country's most celebrated bespoke wedding planners and an invitation-only soiree at The Chairman's Collection Flagship store in Bandra. Reckoned for being integral to weddings, this unique event is conceptualised to bring together over 40 of the planners behind India's extraordinary weddings, creating a rare space for collaboration, inspiration, and discovery.
Federal Bank Q2 profit jumps 45% to record Rs 1,386 crore
Federal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and deposits 19%, while asset quality improved, with gross NPAs declining to 1.32% during the September quarter.
Crompton Greaves Q2 Results: Profit Surges 65% To Rs 124 Crore
The revenue growth was driven by double-digit growth in general trade, highest-ever quarterly sales in international business, said CGCEL in its earnings statement.
Funskool eyes 400 crore turnover amid China dependence
China dependence, short product cycles and labour attrition pose hurdles to scaling toy manufacturing; Funskool plans a Ranipet and Goa expansion, explores automation and seeks to strengthen its manufacturing capabilities
AI drives 70% of orders on ecom platform Meesho via personalised ranking
Meesho's AI-powered Prism drives nearly 70% of orders, while its Chorus agent handles 60% of user queries as the e-commerce platform expands AI adoption across operations
Embraer has agreed to acquire a 51% stake in Mahindra Group-owned Novavayu Aerospace Limited, with the deal expected to close by December 1, 2026. The investment is set to expand Embraers presence in Indias commercial aviation and defence sectors.
Tata Play launches streaming app to cater to connected TV households
The company said that the Tata Play Smart app will offer over 500 live channels without the need for a set-top box or dish antenna
Kotak Mahindra Bank among 5 stocks that hit 52-week highs & rallied up to 15% in a month
Five BSE 500 stocksShyam Metalics, PVR Inox, Kotak Mahindra Bank, Indian Hotels and Laurus Labshit fresh 52-week highs as the Sensex gained 413 points. All five stocks posted monthly gains of around 8% to 15%, signalling positive momentum.
HDFC, ICICI Bank Q2 earnings preview: deposit surge, margin pressure in focus
When HDFC Bank and ICICI Bank report their Q2 earnings on Saturday, investors will closely track their net interest margins, credit costs and management commentary on growth.
LTM reported a marginal 0.1% decline in Q2 FY27 profit to Rs 1,379.9 crore, while revenue rose 13.6% to Rs 11,807.6 crore. Enterprise AI and Business AI revenue grew 47%, and the company declared an interim dividend of Rs 25.
Telangana woos Hyundai for car plant, seeks to fast-track 8,528 cr R&D
Chief Minister Revanth Reddy pitches Hyderabad as an ideal location for Hyundai's car plant and assures support to expedite its Rs 8,528 crore R&D facility in Zaheerabad
DLF Q2 net profit rises 10% to 1,301 cr, revenue climbs to 2,297 cr
DLF reported a 10 per cent rise in consolidated net profit to 1,301.35 crore in Q2 FY27, while total income increased to 2,297.30 crore from 2,261.80 crore a year earlier.
Federal Bank's Q2FY27 results: Net profit rises 45% to 1,386 crore
The private sector lender reported a 26.4% rise in net interest income, a 26-basis-point expansion in margins and improved asset quality, with gross advances crossing Rs 3 trillion
Iveco Group shareholders approve Tata Motors' takeover proposals
Iveco shareholders approve takeover-related resolutions, lowering the minimum acceptance threshold to 80 per cent; Tata Motors' 3.91 billion tender offer is set to close on October 26
Shoppers Stop posts net profit of 3.11 cr in Q2, revenue grows 9%
Shoppers Stop reported a net profit of 3.11 crore in Q2 FY27 against a loss of 20.11 crore a year ago, while revenue rose 8.72% to 1,366.27 crore, driven by its premiumisation strategy.
India's First-Ever 500-Drum Bhakti Jamming Experience Comes to Mumbai with Maha Bhakti Rhythm Yatra
Mumbai (Maharashtra) [India], October 16: National award-winning, 8th-generation Kathak exponent Dr. Vinod Hasal, who took Kathak to South Africa in the Nelson Mandela era, invites Mumbai to leave all its stress behind at a bhakti jam with 500 drums, a djembe for every seat and loved voices from Sa Re Ga Ma Pa, Bigg Boss and Bollywood, with proceeds going towards ISKCON Kharghar's new auditorium.
Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%
Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets under management grew 25% to Rs 1.58 lakh crore, with asset quality remaining largely stable.
OfBusiness's AI-powered BidAssist expands reach beyond India's big cities
More than 60% of BidAssist's 1.7 million users are in Tier-II and Tier-III cities. The AI-powered platform tracks over 50,000 live tenders daily to help SMEs identify orders and assess bids
Federal Bank appoints Cognizants Rajesh Varrier as independent director
Federal Bank has appointed Rajesh Varrier as a non-executive independent director on its board. This decision follows the announcement of the bank's impressive financial results for the September quarter. Varrier previously served as president of global operations at Cognizant and brings extensive management experience. The bank reported a significant rise in net profit and net interest income in comparison to last year.
Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY
Urban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitability. Revenue rose 41% year-on-year to Rs 537 crore, while orders grew 103%. The company also approved a fresh capital raise of up to Rs 2,500 crore, subject to shareholder approval.
Indian equities extended gains as strong IT earnings lifted sentiment, with the Nifty rising 149 points to 23,146 and Sensex gaining 413 points. Tech Mahindra led advances, while broader markets slipped. Analysts flagged 23,000 as crucial for further upside.
Who is Uday Ruddarraju? Hyderabad-educated tech leader takes charge of OpenAIs computing business
Uday Ruddarraju, who joined OpenAI in 2025, was named chief technology officer for compute in July 2026.
ITC Hotels expands NCR presence with 104-key 'Welcomhotel' in Manesar
ITC Hotels Ltd on Friday announced the signing of a 104-key Welcomhotel in Manesar, Gurugram, strengthening the brand's presence in the National Capital Region (NCR). Anil Chadha, Managing Director, ITC Hotels, said, As hospitality demand continues to evolve beyond traditional gateway cities, we remain focused on identifying destinations that offer strong long-term growth potential. Welcomhotel in Manesar is a strategic addition to our portfolio, bringing together a high-growth location, robust connectivity, and a thriving events market. The hotel's connectivity to key economic centres located in Delhi, Gurugram, Noida and Faridabad will enable it to capture growing demand from both corporate and social segments, while offering a less congested and more destination-oriented environment, ITC Hotels said in a statement. ITC Hotels currently has a presence across India, Sri Lanka and Nepal through a portfolio of more than 155 properties and over 14,200 keys.
Omaxe inks pact with Lemon Tree to manage 10 upcoming hotels worth 4,000 cr
The 10 projects span across Lucknow, Vrindavan, Amausi, Ghaziabad, Greater Noida, Amritsar, Kaushambi and Faridabad.
De Beers and Forevermark Diamond Jewellery Bring Jaipur's Royal Legacy into a New Chapter
Jaipur (Rajasthan) [India], October 16: Against the historic setting of Jaipur's City Palace, De Beers brought together heritage, contemporary culture and diamond jewellery for a landmark event that celebrated two significant new chapters for natural diamonds in India. The evening presented His Highness Sawai Padmanabh Singh of Jaipur as De Beers Group's advocate for natural diamonds in India, while Forevermark Diamond Jewellery marked its first anniversary in India with a new festive campaign featuring Princess Gauravi Kumari of Jaipur. Together, the two moments reflected De Beers' vision, from the natural origin, rarity and authenticity of diamonds to their contemporary expression through jewellery, design and personal style.
Yes Bank may take a blow in core capital ratio
South Indian Bank aims 16% loan growth in FY27 amid West Asia war risks
Private sector lender South Indian Bank is aiming for a 15-16 per cent credit growth in FY27, driven by the retail, agriculture and MSME (RAM) advances, a top official said on Friday. The RAM advances, which constitute 61 per cent of the book, are targeted to grow at a higher level of 17-18 per cent by the bank. Our festive-season growth strategy is focused on the RAM segment, particularly retail lending and gold loans. I expect South Indian Bank's overall advances to grow by around 15-16 per cent, with the RAM segment growing slightly faster, at around 17-18 per cent, said Mahesh Muralidhar Pai, managing director and chief executive officer of South Indian Bank, in an interaction with PTI. In the latest July-September quarter, the bank's gross advances increased by 18.67 per cent year-on-year to Rs 1,09,517 crore, up from Rs 92,286 crore in the year-ago period. Pai said the projection is cautious because the ongoing conflict in the Middle East is a key risk. If the war conti
HoABL launches ultra-luxury villa project in Himachal Pradeshs Mashobra at 9.5 cr onwards
The project is positioned around a longevity and wellness theme, incorporating cryotherapy, red-light therapy and hyperbaric oxygen treatments in partnership with Evavo Wellness
Magicbricks names ex-CarDekho executive Mayank Jain as CEO, effective Oct 1
Real estate classifieds Magicbricks has appointed Mayank Jain as chief executive officer (CEO), effective October 1. In a statement on Friday, Magicbricks, one of the leading property platforms, said Jain has joined from CarDekho, where he served for over five years as CEO of Auto Classifieds. Jain has more than two decades of experience across digital, media, technology and consumer businesses. At Magicbricks, Mayank will focus on accelerating the company's next phase of growth by leveraging its digital capabilities, advancing technology-led innovation and strengthening its consumer-centric approach, the company said. His priorities would include driving business transformation, improving operational and financial performance, and further reinforcing Magicbricks' position in India's evolving real estate ecosystem, it added. Jain holds an MBA from INSEAD, a PGDM from Management Development Institute (MDI), Gurgaon, and a degree in Computer Engineering. He will be based at ...
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAM
The strategic sale of IDBI Bank to Canadas Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI approval, DIPAM Secretary Arunish Chawla said. Fairfax will acquire a 60.72% stake from the government and LIC for about Rs 53,000 crore, in what the government described as a major step in the banks long-delayed privatisation.
Yes Bank Q2 preview: Will strong profit, NII growth offer relief for investors amid AT-1 bond saga?
Yes Bank is expected to post a 48% YoY jump in Q2 net profit to Rs 969 crore, driven by robust loan growth and higher NII. However, investor focus remains on the Supreme Court ruling invalidating its Rs 8,415 crore AT-1 bond write-off, which has pressured the stock.
Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upside
Nuvama Institutional Equities has initiated coverage on Laurus Labs with a Buy rating and a target price of Rs 2,520, implying a 24% upside from the current market price. The brokerage expects the drugmakers shift from its traditional anti-retroviral (ARV) business towards contract development and manufacturing (CDMO) to drive its next phase of growth.
Snabbit operator posts 168 cr loss in FY26; revenue rises to 12.25 cr
Maestroedge Solutions' revenue from operations rose to 12.25 crore in FY26, while total expenses jumped to 194.76 crore, led by service provider costs, marketing and employee benefits
Cornerstone Ventures eyes $250 million third fund in 2027
Cornerstone Ventures is also looking to exercise the greenshoe option on its second fund which has $250 million as the upper limit
DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global trade
DP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for faster infrastructure development and quicker project approvals to unlock trade potential. Despite challenges, Narayan believes that India remains attractive due to its growing economic scale. Enhanced logistics capacity is critical for supporting India's manufacturing and export growth.
AI startup RapidCanvas raises $29 million led by Vertex Ventures
RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.
Ambani taps Reliance's 420,000 employees to boost Jio IPO participation
The conglomerate has reached out to staff across its group companies and encouraged them to open trading accounts, as Mukesh Ambani seeks to build interest in the proposed $3.2 billion listing
Jindal Steel arm commissions Phase-I cargo terminal in Odisha
The start of commercial operations in Paradip will help Jindal Steel secure dedicated long-term access to the port
RBI gives NoC to PFC-REC merger
The merger of REC into PFC would create a financing entity with an aggregate loan book ofover 11 lakhcrore
YES Bank's comeback has a ghost problem
Yami Gautam reveals Dhurandhar cameo fees, says kuch cheezon ka mol nahi hota. Watch
Yami Gautam has dismissed reports that she received a hefty cheque for her cameo in Dhurandhar: The Revenge. On Madhuri Dixit's Kon Honaar Crorepati, she said working with director Aditya Dhar was priceless.
Dont let race-day anxiety hold you back: Prepare to run, Hyderabad
Anxiety cant be controlled before the starting line. Breaking your preparation into small tasks can help you reduce it and prepare you for D-Day.
2.5 crore corpus, monthly income of 2 lakh for 25 years; is it possible?
In 2017, Big Sean purchased a mansion in Beverly Hills previously owned by Slash for $8.7 million. After four years of renovations, he sold the property for $11.1 million in 2021, achieving a profit. The renovations included updating the design to reflect a more contemporary style and enhancing the home studio. The property featured seven bedrooms, 7.5 bathrooms, and also included entertainment areas.
Jemimah Rodrigues named Switzerland Tourisms Friendship Ambassador for India
Jemimah Rodrigues has been named the Friendship Ambassador by Switzerland Tourism to reach Indian travellers. As a prominent cricket player, she expresses excitement about her new role and connecting with people. Switzerland Tourism's CEO noted that Rodrigues embodies the spirit of today's curious and confident Indian traveller. Their partnership aims to promote authentic experiences for those visiting Switzerland. Rodrigues looks forward to sharing her experiences with her followers in India.
HDFC Life shares slip despite analyst upgrades after steady H1 results
The stock touched an intraday low of 532.60 before recovering, with traded volume of 33.57 lakh shares worth 181.62 crore by 1.17 pm
India overhauls drug patent guidelines to curb evergreening and speed up cheap generics
The draft guidelines require strict scientific proof of improved therapeutic efficacy for minor drug modifications.
Air India said that the flight timings have been structured to maximise customer convenience.
10 stocks held by 100+ MF schemes in September rally up to 205% in CY26; 6 turn multibaggers
Ten stocks held by over 100 mutual fund schemes gained 75% to 205% in CY26 through September. Six of these stocks more than doubled, led by Welspun Corp and MTAR Technologies.
YES Bank AT-1 bond reinstatement may hit CET1 ratio by 250 bps
The reinstatement of 8,415 crore in AT-1 bonds could reduce YES Bank's CET1 ratio by 250 basis points on a pro forma basis, though its Tier 1 capital ratio would remain unchanged at 14%
Beyond the classroom: What makes the ET x LSE leadership programme stand out
Designed for senior executives, the ET x LSE High-Performance Leadership & Strategic Decision-Making programme provides an enriching learning experience in leadership and strategic choices. Participants become LSE Executive Education Associates, enabling them to engage with a supportive professional community that enhances their expertise. This program's benefits extend well beyond its completion, proving to be an excellent long-term investment.
From worst to best: How IT stocks staged a Rs 2.6 lakh crore revival this week
Indian IT stocks staged a sharp comeback this week, adding Rs 2.6 lakh crore in market value as the sector gained 12% to become the best-performing index. Better-than-expected Q2 earnings, positive management commentary and a selloff in AI-linked stocks helped revive sentiment, even as concerns over AI adoption and earnings growth persist.
61% of jobseekers willing to disclose mental health leave, survey finds
Career-related fears persist, while respondents identify clearer work-life boundaries and stronger managerial support as key measures to improve workplace mental well-being.
Krisumi Corp starts construction of two phases at Krisumi City in Gurugram
The company will invest over 1,300 crore in the two phases, comprising 542 units at its 33.38-acre Krisumi City township in Gurugram, with prices starting at about 4.9 crore
Indian Bank reports a Rs 1,388 crore gain from sale of NSE shares
Indian Bank gained Rs 1,388 crore from the NSE listing, boosting second-quarter non-interest income by 50% to Rs 3,953 crore. The one-time gain offset pressure from rising bond yields, despite Rs 123 crore in mark-to-market losses. Meanwhile, Canara Bank and UCO Bank reported declines in other income, reflecting weaker treasury earnings.
Jio IPO GMP at 20%: Grey market signals Rs 220 premium as brokerages say subscribe
Jio Platforms Rs 30,200 crore IPO has a grey market premium of Rs 220 ahead of its October 21 opening. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth and digital expansion, while flagging valuation, regulatory and capital expenditure risks.
HFCLs AI, data centre exposure drives Nuvamas Buy call; target implies 56% upside
Nuvama has initiated coverage on HFCL with a
Congress, allies seeking Bangladesh-like regime change: Rajnath Singh
Union Minister Rajnath Singh accused the Congress and its allies of inciting unrest and seeking regime change. He stated that the youth are being exploited for political confrontation rather than constructive initiatives. Singh emphasized the importance of respecting democratic institutions and maintaining law and order. He urged political leaders to focus on dialogue and nation-building instead of destructive politics.
The Festive Boom: Is It Still There? Let's Decode Gurgaon's Real Estate Market
New Delhi [India], October 16: Every festive season, we see a familiar trend in real estate. Buyers start exploring properties, developers introduce attractive offers, and conversations around owning a home or making an investment gain momentum. But as we enter the festive season of 2026, an important question deserves attention: Is the festive boom still driving Gurugram's real estate market, or are buyers becoming more selective?
An 18-month-old girl died after allegedly being pushed down a stairwell by a 10-year-old neighbor. CCTV footage reportedly showed the older child lifting the toddler before the incident occurred. The toddler was found by her brother after their mother could not locate her. The 10-year-old has been presented to the Child Welfare Committee for further inquiries. Authorities continue to investigate the circumstances surrounding the tragic death of the toddler.
Air India sets up multi-disciplinary panel to identify cost-saving opportunities
The airline will also be launching 'PRABHAV - The Value Creator Award', an initiative to gather cost-reduction ideas from the staff, and those providing ideas that can be implemented will be rewarded.
Prime Video Executives On Ads, Theatrical Releases and Revenue Models
Yes Bank flags capital hit as SC upholds AT-1 bond reinstatement
However, Yes Banks overall tier-1 capital ratio is expected to remain unchanged at 14%. The bank stated that it had access to appropriate capital-management levers and retained the flexibility to undertake additional capital actions
Popees aim pan India presence as FY26 revenue rises 20%
The company reported a nearly 20% increase in revenue from operations to 161.93 crore in FY26, from 135.30 crore in the previous financial year
Indonesias $1.5 trillion market faces a historic downgrade: Why global investors are worried
Indonesias $1.5 trillion stock market plunged after MSCI warned that its emerging-market classification may no longer be appropriate, raising fears of billions of dollars in foreign outflows. Concerns over market transparency, opaque shareholding structures and policy credibility have intensified investor anxiety, with Indonesian equities down nearly 40% in 2026.
Tata Steel slips marginally as draft steel policy 2047 puts sector in focus
The stock touched an intraday high of 177.25 before paring gains, with sell orders outweighing buys 63.56 per cent of the order book was on the sell side versus 36.44 per cent on the buy side.
