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D-Street breaks 8-week losing run, outlook stays cautious though
After an eight-week slump, Indian equities experienced a robust rebound, highlighted by a notable rise in the BSE Sensex. This recovery was buoyed by declining crude oil prices, which eased from their recent peaks. While foreign portfolio investors remained in a selling mood, local institutional investors stepped in with strong buying activity.
TCS withholds quarterly bonuses for senior staff after missing targets
Employees in C3A grade and above will receive no quarterly variable allowance this quarter, while junior-level staff will get 100 per cent of their eligible pay, an internal memo said
Delhi protest: In New Delhi, traffic restrictions and heightened security measures have been implemented due to a planned protest. This demonstration is organized by the CJP, demanding the resignation of Chief Election Commissioner Gyanesh Kumar. Numerous key intersections in the city will experience diversions and restrictions, prompting police to maintain a heavy presence. Commuters are advised to avoid non-essential travel and to factor in additional time for their journeys.
Zetwerk eyes 27,000 crore IPO valuation as over 30 investors weigh anchor book
Abu Dhabi Investment Authority (ADIA), Norway's central bank, and the asset management arms of Goldman Sachs, SBI and HDFC are among more than 30 foreign and domestic investors considering participation in Zetwerk's anchor book ahead of its IPO.
Indias TCS senior staff will miss out on variable pay for September quarter, memo shows
TCS-BONUS/ (PIX):India's TCS senior staff will miss out on variable pay for September quarter, memo shows
Elon Musk ups ante in Starlink row, sarcastically calls Ambani Prime Minister, alleges monopoly
The post bybrea Mr. Musk now marks a sharp escalation in the Starlink satcom offering row, which saw the U.S. trillionaire recently alleging that powerful business interests are seeking to block his service
Private-Jet Broker Faces Customer Lawsuits Over Halted Flights
A private-jet broker that set out to revolutionize luxury travel faces several lawsuits from customers who say their prepaid cash is stuck at the grounded company.
Congress keeps distance from CJP stir, allies back it
The Congress party is not participating in the Cockroach Janata Party's agitation, choosing to conduct its own protests. Several allies from the INDIA bloc, however, support the CJP's demands and will join their agitation. Congress has planned a 'jan andolan' in Delhi for October 12, urging allies to participate. Rahul Gandhi is reaching out to students through events coinciding with the CJP's emergence.
A person recently posted an engaging video showcasing his unforgettable journey from Goa to Mumbai aboard the Duronto Express in First AC. Highlighting the delectable meals ranging from breakfast to dinner, he captured the breathtaking views along the Konkan Railway.
Food industry warns of supply shock over Super El Nino
India's food industry is alerting to a potential supply shock projected for the year 2027. Experts indicate that a Super El Nino may disrupt crop production and elevate food inflation. Growing concerns arise over the impact on sugar and oilseed production, particularly in states with severe drought conditions. The livestock sector is also preparing for increased feed costs due to these challenges.
India's Property Market Weighs Higher Rates Against Long-Term Growth Prospects
Delhi-NCR [India], October 9: India's real estate sector faces a fresh test as higher borrowing costs and inflationary pressures reshape the outlook for residential, commercial, retail and hospitality assets. The Reserve Bank of India's 25-basis-point repo rate increase to 5.5% has renewed questions around housing affordability, financing costs and investment decisions. The shift in the monetary policy stance from Neutral to Calibrated Tightening has also brought the trajectory of interest rates into sharper focus.
Netflix is reportedly preparing to cut about 5% of its workforce. The company has expanded into live events, podcasts and games while pursuing new revenue streams. It is scheduled to report quarterly earnings on October 20.
GST Council proposes 2% TDS on scrap deals
The proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, registered buyers will have to deduct TDS when purchasing from registered suppliers and pay GST under RCM on purchases from unregistered sellers, even when the latter fall below the GST registration threshold.
5% GST on Ola, Uber, Swiggy, Zomato, Amazon and Flipkart regardless of business model: Report
The GST Council had endorsed a uniform tax treatment for operators, regardless of how their businesses are structured, CBIC member for GST Sanjay Mangal says
EY data breach puts spotlight on data security at Big Four as clients demand tighter controls
EY has reported a data breach that exposed sensitive client information and prompted regulatory notifications in multiple jurisdictions. This incident has raised concerns among top professional services firms regarding the protection of client data. Experts emphasize the need for tighter controls amid increasing cyberattacks and the complexity of technology used by these firms. Most communications between firms and clients are conducted over email, which poses additional risks.
Harish Rawat airs grouses, may pause his 'yatra' as Kumari Selja tells him to join teamwork
Selja, who had earlier written to Rawat to stop his parallel show, is learnt to have urged the former chief minister to cancel his independent yatra and join official Uttarakhand Congress campaigns, stressing that party unity is essential to defeating the BJP in the upcoming election. She is also learnt to have made it clear that being part of collective work is the norm for all senior Uttarakhand state Congress leaders. ETs calls to Seljas office evoked no response.
Airtel Money makes London Stock Exchange debut with $7 billion valuation
African digital financial services platform, Airtel Money, made its London Stock Exchange (LSE) debut on Friday, marking the exchange's largest initial public offering (IPO) in several years.. Sunil Mittal, Founder of Airtel and Founder and Chairman of Bharti Enterprises, said the listing builds on Bharti's significant record of long-term interests in the UK. I am delighted to welcome the successful listing of Airtel Money on the London Stock Exchange. This listing is a vote of confidence in the UK as an attractive global destination for investment, with a stable business and policy environment attractive for long-term investors, he said. The listing also builds on Bharti's significant record of long-term interests in the UK, including the strategic stake in BT announced in 2024, shareholding in Eutelsat (previously OneWeb) alongside the UK Government, and hospitality assets including the Scottish resort Gleneagles. In 2019, we listed Airtel Africa in London to leverage the UK's
Amazon Great Indian Festival logs record 440 million visits in early phase
First-time shoppers grew nearly 100 per cent, while more than 72 per cent of visits came from beyond the top nine metros; sellers saw units ordered more than double in 24 hours
Delta Air Lines cuts 2026 earnings forecast, Q3 profit misses analyst estimates, shares dip 1.72%
Delta Air Lines said that it expects adjusted earnings of $5.10 to $5.60 per share in 2026, sharply below the $6.50 to $7.50 range it reaffirmed in July
Tata Motors raises Iveco takeover offer to 14.40 per share
Tata Motors has revised its Iveco takeover bid, citing delays in regulatory authorisations, while the Italian truckmaker has welcomed the higher offer
Lakshmi Venu pushes for settlement along lines of TVS family partition
Lakshmi Venu seeks a fair, transparent settlement of TVS family wealth mirroring the 2020 partition through dialogue and mediation.
Vayona Energy unveils next-generation 5 MW wind turbine platform in Chennai
Developed with Germany's Aerovide, the Vayona 5.0/193 features a 193-metre rotor and is designed for India's wind and climate conditions, with local manufacturing and service
Poonawalla Fincorp Q2 profit surges fivefold as income rises
Poonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest income and fee income grew significantly, contributing to the profit surge. New loan products accounted for a notable percentage of disbursements during this period, demonstrating the diversification of their offerings. Additionally, improvements in the gross non-performing asset ratio reflect better asset quality management.
RBI tightens daily cash reserve rules as banking system liquidity stays elevated
Banks will have to maintain 99% of their required cash reserve ration (CRR) each day from 16 October 2026, up from 90%, though the overall ratio remains at 3%.
Microcredit is business credit, not personal loan: Bandhan Bank CEO Ghosh
Bandhan Group founder Chandra Shekhar Ghosh discusses microcredit, women entrepreneurs and digital lending, stressing relationship-based lending and expansion into insurance and technology
Mumbai airlines want T1 safety reports and T2 expansion clarity on 13 October agenda
The Airline Operators Committee has asked MIAL to share technical evidence behind T1's structural risks and the alternatives it considered before proposing to shift 265 weekly international flights to Navi Mumbai.
TCS earnings lift IT stocks as demand recovery hopes boost market mood
Better-than-expected Q2 earnings and attractive valuations boost IT stocks, even as AI headwinds and US labour curbs remain concerns
KONE inaugurates digital experience centre in Pune
New centre showcases how AI, connectivity, data and digital solutions are transforming customer experiences and enabling smarter, more connected buildings
Juspay swings to 90 crore FY26 loss amid AI investments, global expansion
The SoftBank-backed payments technology firm's revenue rose 30 per cent to 664 crore in FY26, while investments in AI and international expansion weighed on profitability
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).
Flipkart draws 6.3 million concurrent users as Big Billion Days sale opens
Nearly one in two visits in Flipkart's opening hour came from Tier 3 towns and beyond, while non-metro customers accounted for about 60 per cent of demand during the sale
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
Several trains from Mumbai to New Delhi have been rescheduled or cancelled ahead of planned protests in the capital. The Central and Western Railways announced these changes due to expected traffic disruptions on October 10. Refunds will be provided for affected passengers, who voiced concerns over these abrupt cancellations. The protests aim to address allegations against Chief Election Commissioner Gyanesh Kumar regarding electoral roll tampering.
Indian IT firms filed few PERM applications compared with US tech majors
Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension
JM Frictech invests 50 crore in fourth manufacturing plant in Chandigarh
The Chandigarh facility is being commissioned in phases, starting with warehousing and logistics, and is expected to become fully operational over the next six to eight months.
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.
Coal supplies to power plants rise 36% from September lows; rail loading hits 465 rakes a day
The Coal Ministry stated that rail loading has also improved, stock depletion and power demand are also expected to moderate mid-October citing historical trends.
Prolonged food inflation risk to microfinance budgets: Muthoot Microfin CEO
Muthoot Microfin plans to launch consumer durable loans and expand digital lending as it targets 30,000 crore in assets under management by 2030
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.
Investment tourism could be GIFT Citys next big growth driver
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
Essencore partners Syrma SGS to expand local manufacturing in India
Essencore has partnered with Syrma SGS Technology to boost local manufacturing capabilities in India. The collaboration supports Essencore's strategic India expansion efforts and affirms its commitment to Make-in-India initiatives. Additionally, the companies aim to enhance engagement in the electronics and technology ecosystem within the country. Essencore introduced its consumer brand KLEVV, which focuses on high-performance memory and storage solutions.
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
Lupin gets USFDA nod for generic vitamin K drug
US FDA approves Lupins injectable vitamin K emulsion, a generic treatment for deficiency and hypoprothrombinemia, boosting access and competition
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.
Fabience to set up50 cr greenfield furniturefacility in Hyderabad
The new facility will incorporate advanced Italian and German machinery alongside cutting-edge manufacturing technologies
New Delhi [India], October 9: As India and the global development community focus on moving Artificial Intelligence from experimentation to measurable development outcomes, edGrid, a GeoAI-powered education governance intelligence solution developed by Deepspatial, was showcased today as one of the select State AI innovations at the India launch of the World Bank Group's World Development Report 2026: The Promise of Artificial Intelligence.
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.
'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.
Dhruv Rathee's wife, Juli Lbr-Rathee, is a German national and healthcare professional. Here's what to know about their first meeting in Germany, relationship, 2021 wedding and family life. As per reports, they met on a tram when they were going for studies.
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.
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.
Non-metros emerge as key growth drivers for Amazon: V-P Saurabh Srivastava
Amazon India says non-metros account for 70-80 per cent of new customers, while demand for premium products rises in smaller cities and its Amazon Now quick-commerce service expands
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.
6 Defence stocks turn multibaggers in H1 FY27, rally up to 600%
The Nifty India Defence index rallied 25% in H1 FY27 despite broader market volatility, with 10 defence stocks gaining 50% to 600%. Six stocks, led by Sigma Advanced Systems, Unimech Aerospace, and MTAR Technologies, turned multibaggers by more than doubling investor wealth over six months, ACE Equity data showed.
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.
