24 C 
In meet with Eknath Shinde after firing incident, Tiger Shroff seen with dressing on wounds
US very close to finalising trade deal with India, says Marco Rubio
US Secretary of State Marco Rubio said on Monday that Washington is close to finalising a trade deal with India. He said the US considers various factors, including ongoing trade negotiations, while making decisions on national security waivers related to Russian oil and gas sanctions.
PNB has comfortable capital buffer, targets 15% credit growth this year, says CEO Chandra
The state-owned bank has no plan to raise capital in the current financial year.
Akasas 35% revenue growth fails to arrest losses as aviations cost squeeze deepens
Akasa Airs revenue grew 35% in FY26 as its fleet and network expanded, but its net loss widened 37%. Foreign-exchange losses, aircraft costs and financing expenses weighed on profitability.
Axis Bank reported a 38% year-on-year rise in standalone net profit to Rs 7,003 crore in Q2 FY27, while net interest income rose 12%. Jefferies retained its Buy rating, while Centrum Broking and Dolat Capital lowered their target prices.
Q2 results today: UltraTech Cement, Hindustan Zinc, and 33 more on Oct 19
Q2FY27 company results: Firms including Bajaj Finance, Union Bank of India, Indian Renewable Energy Development Agency (Ireda), HFCL, and Sobha are also to release their July-September earnings today
Microsoft pulls out of Nscales UK AI data centre project - here is what happened
Located in Loughton, Essex, the Microsoft data centre was scheduled to open next year.
IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoY
IDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying profitability, margins, asset quality, deposits and advances showed improvement. Meanwhile, Fairfax Financials proposed 60.72% stake acquisition marks a major milestone in the banks privatisation.
Tonbo Imaging India IPO Day 3: GMP at 74%, issue subscribed over 7x. Check key details
Tonbo Imaging Indias IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%. The Rs 852.18 crore issue is entirely an offer for sale. Investors will track allotment, listing expectations and the defence technology companys declining FY26 financial performance.
L&T Finance among 4 F&O stocks with a sharp rise in futures open interest
A slideshow exploring four NSE F&O stocks that witnessed a sharp increase in futures open interest on October 16, highlighting changing market participation and notable shifts in derivatives activity.
U-turn from regulator may be new lifeline to Indian derivatives
The return of a stable settlement system in India's equity-derivatives market could signal a promising recovery. Following the tumultuous closure auction process introduced in August, regulators are aiming to restore order. Market players are optimistic that this newfound clarity will not only enhance trader confidence but also boost derivatives trading volumes over time.
Q2 Results Today, 19th October 2026 Live Updates: Stay tuned to businessline for more
Axis Bank Share Price Live Updates: Axis Bank's bearish movement below EMA
HFCL among 3 stocks closing above VWAP
HBL Engineering, SPR Auto Technologies and HFCL featured in StockEdges VWAP scan on October 16, with closing prices more than 2% above their volume-weighted average prices.
Bajaj Finance Share Price Live Updates: Bajaj Finance falls below its 20-day Simple Moving Average
HBL Engineering among 4 stocks showing RSI trending up
HBL Engineering, Authum Investment & Infrastructure, SPR Auto Technologies and Thangamayil Jewellery featured in StockEdges RSI Trending Up scan on October 16.
HDFC Bank Share Price Live Updates: HDFC Bank's price action signals a bearish trend
Wipro among 4 stocks showing White Marubozu pattern
Wipro, Authum Investment & Infrastructure, KPIT Technologies and HFCL featured in StockEdges White Marubozu scan on October 16, reflecting strong upward price momentum.
Delhi government has approved the Go-Delhi Foundation with a 50 crore corpus to support startups and innovators. It will offer testing facilities, guidance, and investor connections, while helping government departments trial new solutions.
LTIMindtree Share Price Live Updates: LTIMindtree Falls Below Key Moving Average
M&M Share Price Live Updates: M&M's stock price under pressure
CJP alleges delay in bail hearing of Saurav Das and Ashutosh Ranka
The bail hearing of Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka was delayed on Sunday after the Special Executive Magistrate failed to arrive at the scheduled time, activist Ratna Singh alleged.
Kenya's Ebola cases hit 8, with no community transmission yet
Ebola cases in Kenya have risen to eight following the confirmation of another infected individual. This person was in quarantine after being identified as a contact of the first patient. The first patient, who traveled from Congo, died shortly after arriving in Kenya with symptoms. Health officials are monitoring over 130 individuals, including health workers, who had contact with the initial patient.
Tiger Shroff seen with bandages after firing; Eknath Shinde warns of strict action against culprits
SBI Share Price Live Updates: SBI's Stock Performance Indicates Upward Trend
Coal India Share Price Live Updates: Coal India Ltd dips below its 20-day Exponential Moving Average
The strategic review comes at a time when Accenture is re-evaluating its resource allocation. Investors are currently debating the long-term impact of AI on the consulting sector.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's performance dips with negative returns
China's economic growth picks up & rebounds to 4.5% in third quarter, beating expectations
Chinas economy grew 4.5% year-on-year in the third quarter, beating market expectations of 4.4% and recovering from a more than three-year low of 4.3% in the previous quarter. Growth eased pressure on policymakers to announce further stimulus to meet the annual target of 4.5%-5%.
Positive Breakout: These 6 stocks cross above their 200 DMAs
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
Brookfield's $2.53 bn bid for Reliance Worldwide clears 'go shop' hurdle
The plumbing supplies firm agreed in Sep to a scheme implementation deed under which Brookfield Capital Partners and its affiliates would acquire all of Reliance Worldwide's shares for $3.38 apiece
Anthropic plans to commit 5% of its shares to a public benefit fund, subject to stockholder approval, with scope to expand the stake as its value grows. Elon Musk suggested giving shares directly to the public. The announcement comes ahead of the AI firms IPO, reportedly scheduled for November.
Jio Platforms to lead IPO parade this week
Jio Platforms is gearing up for an impressive
The bulk of the fresh funding financed the cash-and-stock deal as the catering startup targets 700 crore in revenue this fiscal year through market consolidation.
Quick commerce, uncertain demand push up festive borrowing for consumer brands
Consumer brands are borrowing 15-20% more this festive season.
Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil India
Indian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhanced investor confidence in the market, with the Nifty 50 index achieving a closing point of 23,146, representing a 0.65% rise. Prominent companies like HDFC Bank and ICICI Bank shared their quarterly outcomes, showcasing improved asset quality. Investors are anticipated to keep an eye on upcoming corporate announcements which may guide market trends.
Pharma Q2 Outlook: Pricing pressure, US competition to weigh on select players
India's pharmaceutical companies are expected to have a mixed performance in the upcoming September quarter. Companies like Sun Pharmaceutical Industries and Aurobindo Pharma are likely to report good growth. In contrast, Dr Reddy's Laboratories and Lupin may face challenges due to increased competition and a high base. Pricing pressure and elevated raw material costs are also expected to impact overall performance.
Convenience stores struggle for relevance in the age of quick deliveries
With soaring rents, high staffing costs, and fast doorstep delivery, traditional grab-and-go outlets are finding themselves stranded between the neighbourhood grocery stores and quick commerce apps.
Nifty gains 3% as analysts predict recovery; key resistance levels ahead
Nifty gained 3% last week, boosting sentiment and raising hopes of a recovery, though analysts caution that it must clear key resistance levels for further strength.CHANDAN TAPARIA, HEAD DERIVATIVES & TECHNICALS, WEALTH MANAGEMENT, MOTILAL OSWAL FINANCIAL SERVICES Nifty has formed a higher-top, higher-bottom structure, reclaimed its 20-day average and sustained above 23,000. A Morning Star pattern, rising RSI and support at 22,786 keep the outlook bullish, with 23,40023,500 as the next upside zone.Nifty Strategy: For the October 27 monthly expiry, buy one lot of the 23,200-strike call and sell one lot of the 23,400-strike call. The bull call spread has a maximum risk of 70 points (Rs 4,550 per lot) and a maximum potential profit of 130 points (Rs 8,450 per lot).135037250TOP STOCKS FOR THE WEEK Coforge: Buy | CMP: Rs 1,951 | Target: Rs 2,070 | Stop loss: Rs 1,890 The stock has formed a bullish pin bar, trades above short-term averages near its 52-week high, and a breakout above Rs 2,000 could trigger further gainsKotak Bank: Buy | CMP: Rs 447 | Target: Rs 475 | Stop loss: Rs 433 The stock remains in an uptrend near its all-time high, with higher highs and strong volumes, and a breakout above Rs 460 could trigger fresh gains.Read more: Can Nifty, Sensex rally further or will bears reign in? 5 factors to steer market this week HITESH RATHI, TECHNICAL ANALYST (EQUITY & DERIVATIVES), ANGEL ONE Bank Nifty is approaching the 56,00056,100 band, which previously acted as support and is now expected to pose resistance. The zone also coincides with the 50-day exponential moving average and the 20-week and 50-week exponential moving averages, creating a confluence of resistance.Bank Nifty Strategy: Sell on rallies towards 56,100 56,200, with a stop loss at 56,600 and targets at 55,50055,400.TOP STOCKS FOR THE WEEK Indian Hotels: Buy | CMP: Rs 772 | Target: Rs 880885 | Stop loss: Rs 704 A breakout above a major falling trendline and consolidation range signals a potential uptrend, with a multi-brick Renko breakout further reinforcing the bullish setup.Supreme Industries: Buy | CMP: Rs 3,602 | Target: Rs 3,8703,880 | Stop loss: Rs 3,370. The Rs 3,2003,290 band remains strong support, with buying interest reflected in a bullish anchor column. A bullish 100% pole and a turtle breakout on the 0.25% times 3 daily Point and Figure chart indicate improving short-term momentum.SOMIL MEHTA, HEAD OF RETAIL RESEARCH, MIRAE ASSET SHAREKHANNifty has rebounded from 22,180 and is testing its 40-day average, with support at 22,80022,550 and resistance at 23,475 23,600. Bank Nifty trades in a narrow range, but momentum is bullish; a move above 56,056 could target 56,55056,925, while support lies at 55,40055,500.Nifty Strategy: Buy on dips towards 22,800, with targets at 23,47523,600. The quoted stop loss of 23,550 on a closing basis requires confirmation, as it is above the stated buying level.Bank Nifty Strategy: Buy at the current market price or on dips towards 55,40055,500, with a stop loss at 55,000 on a closing basis and targets at 56,50056,925.Read more: Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined up TOP STOCKS FOR THE WEEK Nykaa: Buy | CMP: Rs 344 | Target: Rs 363375 | Stop loss: Rs 331.50 The stock has bounced from the lower end of its sideways range, and a move above Rs 346 could lift it towards Rs 363375 if Rs 331.50 hold.Hindalco: Buy | CMP: Rs 910 | Target: Rs 955975 | Stop loss: Rs 858 The decline from the May high seems to have completed an a-b-c pattern, with bullish signals pointing to a recovery towards Rs 955975 if Rs 858 holds.
India a keystone for Hitachi Energy supply chain amid global power crunch: CEO
Hitachi Energy CEO Andreas Schierenbeck said rising demand from data centres and the shift from oil and gas to electricity across industries have intensified industrial power needs in recent years, creating a mismatch between supply and demand.
Tata Trusts chair Noel Tata had pointed out that the same board had earlier followed Article 118 to reappoint Chandrasekaran, but did not do so on 17 September.
Sydneys New $4 Billion Airport Opens With Barely Any Flights
After more than half a century of political procrastination, environmental protests and funding shortfalls, Sydney finally has a second airport. But the new A$5.6 billion ($4 billion) sites commercial prospects are already in question.
UAE VAT changes to increase costs and compliance burden for Indian businesses
While the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,000 operating as of June 2025, making the changes particularly relevant for them. Indian-owned businesses in construction, hospitality, manufacturing, logistics, and retail sectors could face a greater impact because of their substantial expenditure on employee accommodation, transport, connectivity and workforce-related services, international tax advocate Priyanshi Chokshi said.
Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv Subbarao
D Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that do not address structural issues behind capital outflows. The rupee's recent recovery followed the Reserve Bank of India's measures to reduce dollar demand. Subbarao highlights the importance of tax reforms to attract foreign investment in India.
Private banks' margins fall as FCNR deposits raise funding costs
In the second quarter, leading private sector banks in India reported a drop in net interest margins. This decline was primarily caused by the costs associated with foreign currency non-resident deposits. Analysts noted that the leveraged nature of these deposits significantly impacted profitability. Additionally, banks faced pressure from faster repricing of assets as interest rates declined.
IIFL Finance plans to raise 2,500-5,000 crore by selling stake amid Fairfax exit rumors
IIFL Finance is intending to raise 2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to limit dilution. Fairfax Financial Holdings is likely to sell its stake due to regulatory norms. IIFL aims to enhance its capital position amid evolving market conditions. These measures are expected to create synergies for IIFL Capital as part of IDBI Bank.
Karnataka: Not a day goes by without Kumaraswamy taking aim at Congress and Shivakumar
Over the past few months, hardly a day has gone by without Kumaraswamy issuing statements, holding protests or raising fresh allegations against the state government. His attacks have intensified following Congress leader Siddaramaiah's police complaint seeking action against content linking him to an alleged honey-trap episode.
Villagers hail communal harmony as Ramleela halted after elderly Muslim woman's death
The Ramleela performance in Mohra village was suspended following the death of an elderly local woman. Villagers mourned Gafooran's passing, as she was seen as a family member in the community. Adarsh Ramleela Committee decided to halt the performance out of respect for her contributions. Her death had a profound impact, casting a shadow over the village. Villagers expressed their deep sorrow and loss in response to her passing.
Farmers face 15% loss as poultry feed costs surge
Poultry farmers are currently experiencing losses of approximately 15% due to rising livestock feed costs. Key ingredients have seen price increases of up to 75%, affecting farmers' ability to cope. Dairy producers, particularly in drought-affected regions, struggle to source necessary fodder for their livestock. Feed manufacturers are also feeling the impact as higher prices reduce demand for their products.
Banks also count cost of insurance payout curbs
Central Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a 145-crore hit to its fee income from similar changes. Axis Bank aims to mitigate losses through increased sales volumes and alternative income sources. HDFC Bank has not yet assessed the potential impact of the new rules.
Maharashtra UCC Panel puts live-in, women's property rights in focus
The seven-member drafting committee panel, headed by retired Supreme Court Justice Ranjana Desai, has opened a website for the people, where 37 questions are being asked and citizens are asked to give in their opinions before November 15. Maharashtra Chief Minister Devendra Fadnavis has already said that the state will bring in a UCC bill during the Winter assembly session in Nagpur at the end of the year.
An Army officers wife has been booked in Jammu in an alleged espionage case for reportedly preparing research papers on sensitive national security issues using AI tools ChatGPT and Claude. Officials, as cited by PTI, alleged that she was in contact with foreign nationals, including individuals suspected of links to Chinese intelligence agencies. Her mobile phone has been seized for forensic examination, and investigators are probing whether sensitive information was shared.
Tata Sons reviews AoA to meet Sebi listing norms
Tata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts on board appointments. This scrutiny follows the RBI's rejection of Tata Sons' application to relinquish its core investment company registration, necessitating compliance with strict governance standards for listed entities.
Starlink speed restrictions seem deliberate: Volodymyr Zelenskyy
After sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operated normally outside Ukraine, officials in Kyiv concluded that restrictions are on the territory of Ukraine - so it is a planned operation, Volodymyr Zelenskyy said.
Chorbagan pandal deaths: Overcrowding, lack of management, cops and volunteers blamed
A tragic stampede occurred at the Chorbagan Durga Puja pandal resulting in the deaths of 19 individuals. Over 25 people were injured during this incident attributed to poor crowd management and narrow lanes. Seven people have been arrested, including organisers and security personnel, while government officials visited the injured. Financial support has been announced for the families of the deceased and injured individuals.
Panel to probe Kolkata stampede; nine IPS officers to handle festive rush
A high-powered committee led by a Calcutta High Court judge will probe the adverse incident at the Chorbagan Puja Committee. To improve crowd control, nine IPS officers have been assigned to manage the festivals crowds effectively. The disaster management secretary and other officials are inspecting various puja pandals to ensure safety measures. Compensation cheques of 25 lakh will be distributed to the bereaved families on specified dates.
Torrent Pharmaceuticals accepted Executive Director Amal Kelshikars resignation, effective at the close of business on 16 October 2026. Kelshikar said in his resignation letter that he was stepping down after reflection and believed it was the right time to transition.
Jantar Mantar chhoo-mantar, not protests
Jantar Mantar has recently been officially designated as a site for demonstrations in India. Jantar Mantar's transformation follows a history of protest locations like the Boat Club lawns. The change brought about noticeable effects on protest dynamics across the region. While protests do not fade away, they often shift in location based on official designations. Authorities face increased scrutiny to manage and maintain these designated sites appropriately.
Indian cricketer Suryakumar Yadav has announced an investment in Shahrukhz Residences by Danube, a waterfront residential project in Dubai Maritime City.
Airtel launches voice-only plans at 185, 203 and 206 after TRAI's mandate: What each plan offers
The plans are aimed at subscribers who primarily use their phones for calling and messaging rather than mobile internet.
OMCs exclude sugarcane-based ethanol from FY27 tender, cut maize incentive
Bharat Petroleum Corporation invites bids for 11 billion litres to meet 20% petrol blending target
Tata Trusts 1,556 crore spending in FY26: Rural development, education and cancer care lead
Tata Trusts disbursed 1,556.31 crore in the year to March 2026, with rural development receiving the largest share. Chairman Noel Tata said the group is working toward a network of 40 to 50 not-for-profit general hospitals, where paying patients would help fund care for those unable to afford it.
Eight workers mowed down by speeding car in Punjab's Sangrur; 12 injured
Eight workers tragically lost their lives after being struck by a speeding car in Punjab's Sangrur district. The incident occurred on Lehragaga-Jakhal road near Alisher village while the workers were engaged in their duties. Authorities indicated that five workers died on the spot, while others sustained varying degrees of injuries. The district administration is providing necessary medical assistance to the injured individuals following the accident.
Infosys Q2 revenue growth likely to remain modest; analysts see guidance cut
According to a poll of brokerages, revenue for Q2FY27 is expected to range between 49,090 crore and 49,323 crore
The India Meteorological Department (IMD) has forecast continued rainfall across southern India from October 19 to October 24, 2026, with isolated heavy to very heavy rain likely in Tamil Nadu, Puducherry, Kerala, Karnataka and parts of Andhra Pradesh. Thunderstorms, lightning and gusty winds are also expected in several regions. Here is the state-wise weather forecast, including rainfall warnings, affected dates and the IMD's fishermen advisory for the southwest Arabian Sea.
Trump endorses Netanyahu for re-election, warns US could finish the job against Iran
US President Donald Trump has endorsed Israeli Prime Minister Benjamin Netanyahu, highlighting his leadership against Iran and calling him a reliable partner. Trump emphasized that Iran's threatening rhetoric could lead to serious consequences and commended Netanyahu's strength in dealing with various pressures. He warned of potential US involvement if the leadership in Israel changes. Trump's support is labeled as a complete and total endorsement for Netanyahu's re-election campaign.
France protests on October 17 drew attention to a viral TikTok campaign that reportedly garnered 132 million views and 18 million likes. The online mobilisation revived memories of the 2018 Yellow Vests movement, as students, workers and protesters voiced anger over rising fuel prices, living costs and deteriorating public services.
A stampede at Kolkatas Chorbagan Sarbojonin Durga Puja pandal killed 19 people and injured 25. The incident has drawn attention to limits in crowd-monitoring technology, including failures in dense, rainy conditions, and to risks posed by temporary structures under heavy rain and crowd pressure.
Regulator asks FBOs to ensure hygienic transport and storage across the supply chain to protect public health
The bank has maintained consistency in operating profit, net profit and other key parameters over the past four quarters, and expects the trend to continue, Chandra said.
Vedanta doubles South Africa zinc production capacity to 500,000 tonnes with $600 million investment
Vedanta has doubled its annual zinc production capacity in South Africa to 500,000 tonnes after investing nearly $600 million in the Gamsberg mine expansion. The project supports its target of producing 3 million tonnes of zinc annually across India and South Africa.
Himadri's H1FY27 profit rises 29% to 460 crore on speciality growth
Revenue from operations rose 43% to Rs 3,123 crore in H1FY27, while EBITDA increased 30% to Rs 616 crore, supported by an improved product mix and growth in core businesses
The company also said it has launched projects covering 14 million sq ft over the past two and a half years, with a revenue potential of more than 56,000 crore.
FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali
FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali
Sitting on 400 billion tonnes of coal and a crippling 2.7 trillion import bill for energy products and chemicals, India is racing to turn dirty rock into cheap gas. Can multi-billion-rupee bets overcome tough economic costs and volatile markets?
Gujarat-based Transformers and Rectifiers weighs setting up of a transformer factory in UK
The Ahmedabad-based power equipment maker plans to first establish a sales and customer-support presence through its UK subsidiary, Maxwell Grid Transformers (UK) Private Ltd
Accenture weighs $1.5 billion sale of China business as AI push reshapes growth strategy: Report
Accenture is exploring a sale of its Greater China business for up to $1.5 billion, the Financial Times reported. The IT consulting giant has hired JPMorgan to advise on the review as it sharpens its focus on AI services and growth.
JSW Steel gets relief in 2,169 crore mining dispute: What was the case and what Orissa HC ruled
In an exchange filing on Sunday, the company said the court concluded hearings and delivered its judgments on October 16, 2026.
The Supreme Court overturned Yes Banks 2020 write-off of 8,415 crore in AT-1 bonds. The bank says that it would have reported a net loss of 5,217 crore in the September quarter had it recognised the impact. Details here.
JLR India expands presence in Delhi, Gurugram, sees NCR as key market
Jaguar Land Rover (JLR) India is expanding its retail presence in the National Capital Region, with the luxury automaker relocating to a bigger integrated facility in Delhi and opening a new outlet in Gurugram, seeing it as a key growth market. The Tata Group-owned automaker's Managing Director, Rajan Amba said the move strengthens JLR's retail presence in the region, terming it an important market. Delhi remains an important market for JLR India, Amba said, adding, This integrated facility reflects our unwavering focus on delivering world-class retail and after-sales services in key growth markets. With the addition of the Gurugram dealership, JLR India's retail network now extends to 33 outlets across 26 cities nationwide. The luxury carmaker, in partnership with AMP Motors, has relocated its dealership to a larger integrated facility on Mathura Road in South Delhi and opened a new sales outlet in Gurugram, Haryana. During June quarter (Q1), the company retailed 1,665 vehicl
JLR India expands retail presence in Delhi, Gurugram; sees NCR as key market
The luxury carmaker, in partnership with AMP Motors, has relocated its dealership to a larger integrated facility on Mathura Road in South Delhi and opened a new sales outlet in Gurugram, Haryana
Moody's revises IPO-bound Oyo parent Prism's outlook to 'positive'
Moody's Ratings has revised the outlook on IPO-bound OYO parent Prism to 'positive' from 'stable', while reaffirming the travel tech unicorn's B2 corporate family rating. The positive outlook reflects our expectation that OYO (formerly Oravel Stays) will sustain stronger earnings and free cash flow generation over the next 12-18 months, supporting further deleveraging while maintaining very good liquidity, said Sweta Patodia, a Moody's Ratings Assistant Vice President. The affirmation of the B2 CFR (corporate family rating) reflects OYO's leading position in the budget accommodation sector across its key operating markets, as well as the geographic diversification of its operations across India, Europe, and the US, said Patodia, who is the lead analyst for OYO, Moody's stated. Explaining the rationale behind ratings, Moody's said, We expect OYO's EBITDA (earnings before interest, taxes, depreciation and amortisation) to grow to around Rs 3,000 crore (USD 315 million) over the ne
Jewellery retailers project 22-28% Q2 growth despite festive calendar shift
P N Gadgil Jewellers, Titan, Kalyan Jewellers and PC Jeweller reported double-digit year-on-year growth in their respective quarterly business updates
Restaurants take Diwali celebrations home, bet on catering, party boxes
From curated food spreads for private gatherings to bulk corporate orders, restaurants are looking to capture festive spending beyond dine-in
DIIs increase stake in 8 midcap stocks in Q2FY27
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdges shareholding scan.
Manasum Senior Living buys 164 units in Signature Global's Gurugram project
Each apartment in Varishtha will cost around 3.7 crore for the final buyer, and come with concierge, housekeeping, 24/7 healthcare support, an ambulance on standby and community engagement activities.
Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earnings
Bajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boost in interest income. With a significant rise in assets under management, the demand for its lending products appears strong. Yet, analysts caution about potential pressure on lending margins owing to escalating borrowing costs.
