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Alcohol stocks jump as blue wave boosts industry prospects
As the midterm elections unfold, investors are directing their focus to the alcohol sector, anticipating positive impacts on companies such as Constellation Brands due to shifting immigration policies. Optimism surrounding decreasing trade tensions with Canada also seems to uplift brands like Brown-Forman. However, the looming tariffs have caused a sharp decline in US spirits exports, and overall alcohol consumption in the country is still at historical lows, despite minor upticks.
Musk stocks lose $120 billion as Democrats Texas win rattles investors
Tesla and SpaceX lost more than $120 billion in combined market value after Democrats scored major election victories in Texas and across the US. Investors are concerned that a Democrat-controlled Congress could increase scrutiny of Elon Musks businesses, complicate a potential Tesla-SpaceX merger and create fresh regulatory hurdles.
Bitcoin rebounds with stocks despite threat to crypto agenda
Bitcoin rebounds more than 4% to above $81,000, tracking a broader recovery in financial markets after the US midterm elections. However, Democratic control of Congress threatens to stall crypto-friendly legislation and increase regulatory scrutiny. Investors are also weighing the impact of political uncertainty, Treasury yields and institutional adoption.
Sebi eases KYC norms for NRIs, OCIs and foreign nationals, allows digital onboarding from overseas
Securities and Exchange Board of India has relaxed Know Your Client requirements for overseas investors. This change enables non-resident Indians, Overseas Citizens of India, and foreign nationals to onboard digitally. Individuals from FATF-compliant countries can now submit KYC details remotely without being in India. Intermediaries are allowed to rely on existing KYC records and conduct video verifications when necessary.
The pack is designed to provide short-term access to high-speed mobile internet without requiring users to purchase a more expensive data plan
In Kalyan, KDMC mayor Harshali Chaudhari-Thavil and Shiv Sena city president Ravi Patil welcomed the move, acknowledging the efforts of Deputy Chief Minister Eknath Shinde and Kalyan MP Dr Shrikant Shinde in advancing the project.
The maximum fare for Vayu Vajra buses operating between Bengaluru and the airport has also been increased from 405 to 425.
Markets extend gains on US midterm results as Democrats sweep elections
The Nifty gains 5.6% in five sessions, with media, metals and realty stocks leading the rally, even as IT shares decline amid AI-related concerns
Govt proposes immediate licence suspension for substandard drug makers
Draft amendments to Indias Drugs Rules would allow licensing authorities to immediately suspend manufacturers after a government analyst finds a medicine fails critical quality standards.
Gold up 3%; experts split on whether rally can sustain in coming months
Weakness in the dollar and US Treasury yields supports recovery, but analysts differ on whether the rally can sustain amid inflation and interest rate uncertainties
Tests underway for 15% isobutanol blend in diesel: Gadkari
The move is part of the government's push to promote biofuels, reduce dependence on imported crude oil and check vehicular emissions.
Cert-In Issues Alert On AI-Driven Cyber Attacks Against BFSI
India's cybersecurity agency, Cert-In, has issued a high-alert advisory to banking and financial services institutions regarding an ongoing AI-assisted cyber campaign named Crafty Falcon. This sophisticated threat actor uses publicly available AI tools to execute autonomous attacks at machine speed, targeting payment and disbursement APIs for unauthorised fund transfers. The advisory urges BFSI entities to maintain heightened vigilance, especially during low-monitoring windows, as attacks continue despite previous remediation efforts.
Income tax: Can a widow be taxed on 60 lakh gifted by her late husband? ITAT ruling offers clarity
A widow won a 60 lakh income tax dispute after ITAT Pune accepted her explanation that the cash deposited in her bank account was gifted by her late husband for her and their two daughters. The tribunal ordered deletion of the entire tax addition.
Indias Defence Accounts Department is running a month-long campaign to help defence pensioners submit digital life certificates through more than 200 SPARSH centres. The initiative promotes Aadhaar-based face authentication, with extra assistance for people over 80 and persons with disabilities.
With face authentication technology, pensioners can generate their digital life certificates using smartphones from the comfort of their homes. This eliminates the need to depend on others or visit bank branches for routine pension verification.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
AI data centre stocks declined while renewable energy and healthcare shares rallied after Democrats won control of Congress in the US midterm elections. Investors assessed the possibility of tighter AI oversight and continued clean energy support. Defence contractors and prison operators fell amid concerns over changing government spending and immigration policies.
UPI MDR: The Hidden Costs And Benefits Of Free Transactions
An Indian School of Business professor highlights the lack of precise data on losses from free UPI transactions, arguing that the benefits, such as user data generation, are often overlooked in the debate over implementing a Merchant Discount Rate (MDR). A recent ISB survey suggests that charging MDR could lead street vendors to revert to cash, despite the government's allowance for MDR on transactions above Rs 2,000 and NPCI's deferral of its implementation.
Q2 Results Today, 04th November 2026 Updates: businessline brings you the latest quarterly earnings, outlook and more.
Anupriya Nagar is the co-producer of 2026's blockbuster film, Hanuman Ansh.
A 1 lakh investment in silver three years ago would be worth nearly 2.49 lakh today, against 2.25 lakh in gold. Silver leads over one and three years, while gold edges ahead over five years, based on IBJA rates.
New entrants eat into SIP inflows of listed Mutual funds
The monthly SIP inflows of ICICI Prudential AMC peaked to 5,104 crore in March quarter and dipped to 4,872 crore in June quarter and further to 4,672 crore in September quarter
Biocon Q2 net profit down 57% to Rs 56.7 cr; biosimilars to boost H2
Biocon Ltd reported a 57.3 per cent decline in consolidated net profit to Rs 56.7 crore for the September quarter of FY27, primarily due to a USD 20 million revenue recognition delay caused by geopolitical troubles, which is now expected to be booked in the third quarter.
US Treasury shifts language, opening door to auction size changes
The US Treasury Department has updated its regulations regarding upcoming auction sizes for treasury securities. This revision hints at a potential increase in the issuance of short- and intermediate-term debt. They also flagged a likely decrease in demand for longer-term 20- and 30-year auctions. Future adjustments will rely on demand trends and financial requirements, with the Treasury planning to consult market participants for a thorough understanding of these changing factors.
Are Reits and InvITs a better alternative to fixed deposits and equities?
Meta draws record orders for debut euro bond sale, Bloomberg News reports
Meta Platforms has successfully garnered an impressive 53 billion in investor interest for its inaugural euro bond issuance. With an ambition to raise 9 billion divided into six distinct parts, this move follows their recent $15 billion bond offering in the US market. Citigroup and Morgan Stanley are at the helm of this euro bond sale, with pricing anticipated shortly. As of September 30, Meta's total debt reached $83.67 billion.
Gold gains 3% as dollar slides after Democratic midterm gains
On Wednesday, gold prices surged by 3%, reaching impressive new levels following the midterm elections, during which Democrats secured control of both the Senate and House. This political transformation, combined with a weaker dollar, heightened gold and precious metals demand. Investors are keenly watching for the upcoming US non-farm payrolls report, as rising interest rates and ongoing fiscal risk concerns continue to influence market sentiment.
Suppliers charging vendors extra for UPI payments before MDR: ISB survey
An ISB survey finds that 10.4 per cent of vendors face additional charges from suppliers for UPI payments, even as the proposed MDR levy remains deferred until after Diwali
Cyber Security Alert: AI Agents Target Indian Financial Sector
India's central cyber security agency, I4C, has issued a critical warning to banks, NBFCs, and fintech firms regarding a surge in financially motivated cyberattacks leveraging artificial intelligence agents. These AI-driven attacks enable hackers to compromise systems and execute fraudulent transactions at machine speed, making investigations complex due to record deletion. The advisory, issued in collaboration with CERT-In, urges financial institutions to implement robust security measures, align with CERT-In's blueprint, and report incidents promptly to mitigate the escalating threat.
Indian bonds rally most since April as oil slides after US midterm verdict
Indian government bonds experienced a significant rally influenced by falling oil prices after the US midterm elections. The benchmark bond yield dropped notably, reflecting a three-day decline in yields. Brent crude oil prices decreased, easing inflation and fiscal pressures on India. The Reserve Bank of India anticipates inflation will peak this quarter, supporting future bond market performance.
Aptus Value Housing Finance Q2 profit rises 18% to Rs 267 cr
Aptus Value Housing Finance India achieved a remarkable net profit of Rs 267 crore in the second quarter, signifying strong financial growth. The total income surged to Rs 634 crore, up from Rs 554 crore the year prior. Additionally, interest income climbed to Rs 551 crore from Rs 472 crore.
Property giant Vonovia 'concerned' over Berlin left's housing plans
Europe's leading corporate landlord Vonovia said Wednesday it was concerned at plans by Berlin's possible incoming far-left led city administration to expropriate apartments to tackle the city's housing crisis. Of course, we are concerned about plans to nationalise housing owned by private companies, Vonovia CEO Luka Mucic told reporters Wednesday during a conference call on the company's third-quarter results.
Sunday PropTech acquires 89-room hotel in Kolkata, marks entry into city
Sunday PropTech Ltd marks a significant milestone with its inaugural acquisition of an 89-room hotel in Rajarhat. This venue will be included in its emerging mid-premium Clubhouse brand, bolstering its footprint in eastern India. Given its advantageous proximity to Netaji Subhas Chandra Bose International Airport, it appeals to business travelers. The company plans to revamp and reposition the hotel, while also identifying additional investment prospects in West Bengal.
MRPLs Russian crude sourcing touches 32% in Q2FY27
Russian barrels made up of about 32% of the crude mix during the second quarter of 2026-27 against approximately 28% in Q1FY27
US Midterm Elections: Investor Focus Shifts to West Asia, Global Trade
Analysts predict that the US midterm election results, which saw Democrats gain control of Congress, will primarily influence Indian markets through changes in global financial conditions, trade policy expectations, and geopolitical developments, with a keen focus on the US administration's actions in West Asia and their potential impact on crude oil prices.
NPS subscribers could benefit from greater exposure to AIFs, REITs and InvITs as pension funds explore alternative investments. SBI Pension Funds MD & CEO Pranay Ranjan Dwivedi explains the potential returns, suggested allocation and risks.
US stocks opened higher on Wednesday as investors bet a divided Washington after the Democrats' midterm sweep could limit sharp policy shifts, though data center-related stocks were
Prediction markets get Democratic win right, with a few surprises
Prediction markets got the big picture right in
HDFC Bank to offer deposits under Capital Gains Accounts Scheme
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will allow taxpayers to park unused capital gains in savings accounts or fixed deposits for up to three years while retaining eligibility for applicable tax exemptions and earning interest on their deposits.
Yeshwantpur Goa Vande Bharat duration: 54 kmph average speed makes it slower than superfast trains
Bengaluru-Goa Vande Bharat Express is expected to be flagged off this month. It will be running between Yeshwantpur and Madgaon.
US optimism fuels Niftys strongest 5-day rally in seven months
Benchmark closes above 200-DMA for first time since August; broader markets outperform amid strong FII inflows
Bond yields fall 11 bps, rupee gains as oil prices slide after US midterms
The benchmark 10-year government bond yield fell nearly 11 basis points, its sharpest decline in seven months, while the rupee gained for a fourth session amid falling oil prices
Trump's Midterm Loss May Expedite India Trade Deal
Experts suggest that a significant setback for US President Donald Trump in the midterm elections could compel him to pursue a swift trade agreement with India, as he seeks a quick foreign policy win amidst challenges with Russia, China, and Iran.
Motor insurance rules change from December 15, 2026. Car and bike owners must check five things before renewal, including mandatory covers, passenger protection, personal accident insurance, own-damage cover and separate premium disclosures.
Ather Energy among 15 stocks that hit 52-week highs and rallied up to 30% in a month
The Sensex gained 384 points to close at 77,301, while 15 BSE 500 stocks touched fresh 52-week highs. Ather Energy, PVR Inox, Marico and Indian Hotels featured among notable gainers, reflecting broad market momentum.
Sebi cancels registrations of 8 investment advisers for non-payment of renewal fees
Sebi has announced relaxed KYC requirements for Non-Resident Indians, Overseas Citizens of India, and foreign nationals. These changes will allow them to complete digital onboarding from FATF-compliant countries effectively. Intermediaries can accept KYC submissions without requiring physical presence in India. Video In-Person Verification is now permitted where in-person verification isn't feasible, enhancing compliance capabilities. The revised framework, effective from December 3, is aimed at simplifying the entire onboarding process.
Sebi forms working group to review Innovators Growth Platform framework
The Sebi panel will review listing eligibility, investor participation, pricing and disclosure norms to improve capital market access for deep-tech and other innovation-led firms
Gold shines as dollar slips to 5-week low, investors await U.S. midterm election results
A weaker dollar makes dollar-denominated assets like gold less expensive for consumers of other currencies, boosting demand for the yellow metal
US Stock Market Live Updates: US stock futures rebound as investors assess Democrats' midterm sweep
GCCs power office Reit leasing as IT demand cools
The increased leasing by GCCs comes at a time when demand from IT services firms, once the largest office occupiers, has shrunk.
BSE Q2 net profit jumps 45% to 809 crore, board clears BKC plot proposal
BSE's Q2FY27 net profit rose 44.9 per cent to 809.15 crore, while revenue grew 34.1 per cent; its board also accepted MMRDA's offer for a plot at Mumbai's BKC.
Come January, RIL to launch Jamnagar of the East Coast with Andhra Coal Project
The company aims to complete its pilot project by mid-2028, running exploration and pilot work simultaneously
Gold and silver prices have risen since Dhanteras 2025, with silver marginally outperforming gold. Find out what 1 lakh invested in either metal last year would be worth on 4 November 2026, using the latest IBJA rates, and calculate your investment gains.
Democratic sweep adds new twist to markets' Iran, AI, and debt worries
Investors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the Iran war, continue to elevate oil prices and market risks. Regulatory scrutiny on the rapidly growing AI sector is expected following the election outcomes. Market volatility is anticipated to persist due to fiscal policy debates and increasing debt concerns. The market response so far has shown modest gains despite heightened uncertainties.
Beyond Equity: Jiraafs Saurav Ghosh on how to customise your portfolio, and the importance of bonds
An investment portfolio should be customised to ones own needs, because there tends to be no one-size-fits-all portfolio. The idea is to ensure financial goals are realised across timelines and not just a decade or twenty years later. Jiraaf founder, Saurav Ghosh, talked about the customisation, profit margins, risk management and more when it comes to allocating a part of ones portfolio to bonds. Read on!
Ennature Bio Pharma lists on NSE and BSE, targets branded nutraceuticals growth
The portfolio includes thiocolchicoside, colchicine, nicotine, and vinpocetine, serving over 150 customers across 26 countries, with exports at 54% of segment revenue
Sebi eases digital KYC rules for NRIs, foreign nationals from December 3
Sebi will allow NRIs, OCIs and foreign nationals in FATF-compliant countries to complete KYC digitally from December 3, easing onboarding and investment in Indian markets
India's payments authority NPCI forms unit to push into AI, blockchain tech
The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.
Putting a big spend on a credit card? Run the numbers before you swipe
A high-value purchase on a card can earn rewards worth tens of thousands of rupees. It can also earn nothing if one step at the checkout goes wrong.
Festive cheer on D-Street: Sensex up 384 pts on FII inflows
Indian stock markets extended their rally for the fifth consecutive day, with the Sensex climbing nearly 384 points to close above 77,000, driven by foreign fund inflows, easing crude oil prices, and improved global sentiment following the US midterm election results.
Government Unveils Critical Mineral Processing Support
The Indian government has approved a Rs 2,814 crore capital expenditure support scheme to promote domestic processing of critical minerals like lithium and nickel. This five-year scheme, running until 2030-31, aims to reduce import dependence, develop value chains, and enhance India's self-reliance in essential materials for clean energy and modern technologies. It includes a 30% capital subsidy for setting up processing plants.
Sahara depositors awaiting refunds can check their CRCS claim status online, track rejected or pending applications and correct errors through the resubmission portal. Here's how to check refund status using Aadhaar and what to do if payment is delayed.
After 2,300 crore sellout, DLF will be launching the second phase of his debut project in Mumbai, The Westpark. The upcoming phase will see 135 residences across two towers.
Nykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion businesses accelerated growth, while quick commerce, owned brands and strategic acquisitions strengthened expansion.
13 equity mutual funds offer over 15% return on SIP investments since last Diwali. Do you own any?
In a review of mutual fund performances since Diwali 2025, approximately 13 equity mutual funds achieved SIP gains exceeding 15%. Notably, the Samco Small Cap Fund led with an impressive return of 36.35%, while both the Motilal Oswal Focused Fund and Bank of India Small Cap Fund saw returns surpassing 25%. Conversely, 153 funds posted negative returns, with the Samco Flexi Cap Fund facing a significant decline of 14.89%.
Auto sales growth is expected to moderate in the second half of FY27 after strong festive demand, while tractor sales may remain weak. Monarch Networth Capital prefers diversified ancillary players Minda Corporation, RK Forgings and Sundram Fasteners, with potential upside of up to 44%.
Rupee gains 17 paise to settle at 94.58 against U.S. dollar
Positive domestic equities market also favoured the local currency even as the outcome of the U.S. midterm elections improved global sentiment, forex traders said
Top gold funds with highest risk-adjusted returns. Check Sharpe ratio and 3-year returns
The article identifies gold mutual funds with the highest risk-adjusted returns based on their Sharpe ratios, alongside their three-year performance. UTI Gold ETF FoF leads the list, followed by Kotak Gold Fund and Axis Gold Fund.
Stockal row: Who is liable for unauthorised sale of investors' US shares?
The alleged unauthorised sale of US stocks raises questions about the responsibility of Indian trading platforms, overseas brokers and the safeguards available to investors seeking compensation
Before making the final payment for gold and silver purchases this Dhanteras and Diwali, check your bill for weight, purity, per-gram rate, making charges and GST. Experts explain how to verify BIS hallmarking, spot hidden charges and avoid misleading billing practices.
European shares rise as banks, clean energy stocks rally; Novo Nordisk jumps
European shares advanced after Democrats secured both chambers of the US Congress, lifting investor sentiment. Banks and clean-energy stocks led the rally, while Novo Nordisk gained after raising its full-year sales and profit forecasts.
Your 20s are the best time to build strong money habits. From saving regularly and creating a 612-month emergency fund to starting investments early, here are five things to do with your salary and three financial mistakes to avoid to secure your financial future.
Bitcoin near $78,600, Ethereum at $2,300 as US midterm results put crypto regulation in focus
Bitcoin traded near $78,000 as institutional outflows and macroeconomic uncertainty kept sentiment cautious across the cryptocurrency market. Investors tracked US midterm election results, potential changes in crypto regulation, Federal Reserve rate expectations, and ETF flows for cues on the market's next move.
India's natural diamond industry revenues to stay flat at $14.8-15.2 billion in FY27: Report
Resilient domestic demand is expected to cushion the weakness in exports, while lab-grown diamonds continue to reshape entry-level demand even as natural stones are expected to retain their premium appeal
Razorpay gets Sebi nod for 5,000-6,000 crore IPO; eyes $5 billion valuation
The company submitted its draft IPO papers with Sebi through the confidential route in June
Valuation expert Aswath Damodaran believes an AI bubble is inevitable and investors cannot avoid its impact entirely. In a recent podcast, he traced the AI frenzy to ChatGPT's 2022 launch, which brought artificial intelligence into public consciousness. He explained how advances in computing power and access to vast amounts of data have transformed AI and fuelled today's enthusiasm.
Indian Tech Funding Hits 12-Month Low, Late-Stage Investments Drop Sharply
Funding for Indian tech companies fell to a 12-month low of USD 592 million in October, a 24.3 per cent month-on-month decline, primarily driven by a 72 per cent plunge in late-stage funding, despite an increase in the number of funding rounds.
Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs 2,845.03 crore, marking a 35.7% YoY growth. Product margin improved to 64% compared to 63.4% in the same quarter last year. The company added 165 new stores in Q2FY27, enhancing its active store count to 3,624.
Cabinet approves $297 million incentive policy for critical minerals processing
Razorpay gets Sebi nod for 5,000-6,000 cr IPO, eyes $5 billion valuation
Fintech firm Razorpay has secured approval from markets regulator Sebi for its proposed initial public offering (IPO) of Rs 5,000-6,000 crore, sources familiar with the development said on Wednesday. The company is targeting a valuation of around USD 5 billion through the public offering, they added. The development comes after Razorpay submitted its draft IPO papers with Sebi through the confidential route in June, initiating the process to tap the public markets. Founded in 2014 by Harshil Mathur and Shashank Kumar, Razorpay offers payment acceptance, banking, payouts, payroll, lending and other financial services through an integrated platform. The company serves millions of businesses across India, ranging from startups and small and medium enterprises to large corporates. Razorpay attained unicorn status in 2020 and has since expanded beyond payments into a broader financial services ecosystem for businesses. Its offerings enable merchants to manage collections, payouts, payr
Dr Lal PathLabs posts higher quarterly profit on strong diagnostic test demand
Dr Lal PathLabs announced a 27% increase in its second-quarter profit, with net earnings rising to 1.92 billion rupees. The company experienced a near 20% increase in consolidated revenue from operations during this period. A rise in healthcare awareness has fueled the demand for preventive health check-ups, contributing to these earnings. Dr Lal tested 13.6% more samples this quarter compared to the previous year.
Allcargo Logistics Q2 Results: Co posts Rs 19 crore profit; revenue rises 3.4%
Allcargo Logistics Ltd reported a positive shift in financial performance during the September quarter of FY27, achieving a consolidated profit after tax of Rs 19 crore. This demonstrates a year-on-year growth alongside a 3.4 percent increase in operational revenue. With the festive season on the horizon, the company anticipates further demand, focusing on enhancing capacity utilization and reinstating volume growth in the upcoming months.
Rupee ends a tad higher as dollar slips after US midterms
The rupee closed at 94.64 per dollar, up slightly from its close at 94.74 in the previous session
Bayer CropScience Q2 profit rises 9% to Rs 166 crore despite 19% decline in revenue
Bayer CropScience Ltd has announced an impressive 8.84% growth in net profit, totaling Rs 166.2 crore for Q2 FY27. However, total income saw a 19.4% decline year-over-year, attributed to ongoing market challenges. Factors such as unpredictable monsoon patterns have disrupted both sowing and crop protection demand. In response, the company emphasizes efficiency improvements and portfolio enhancements, while the board has declared an interim dividend of Rs 90 per share.
Saregama India Q2 net profit jumps over 46% to Rs 64.2 cr, revenue grows 36.6%
Saregama India has reported an impressive 46.4 percent rise in its consolidated net profit for the September quarter. Alongside this, the companys operational revenue saw a 36.63 percent increase, with the music segment generating Rs 251.3 crore and live events thriving remarkably. The total income for the first half of FY27 reached Rs 587.28 crore, showcasing solid financial results.
Indias VC funding declines 3% even as global investments surge 137%: GlobalData
An analysis of GlobalDatas Financial Deals Database revealed that India diverged from the broader global venture environment during the review period
Razorpay IPO: Sebi Gives Green Light
Fintech firm Razorpay has secured approval from markets regulator Sebi for its proposed initial public offering (IPO) of Rs 5,000-6,000 crore, targeting a valuation of around USD 5 billion. The company, founded in 2014, offers various financial services and attained unicorn status in 2020. This development follows its confidential IPO filing in June, while rival PhonePe's IPO is currently on hold.
Coca-Cola HBC raises 2026 revenue growth forecast on strong demand
Coca-Cola HBC has upgraded its annual organic revenue growth outlook, driven by successful pricing strategies and heightened consumer demand. In the third quarter, the company achieved a notable 9% organic revenue growth, surpassing the anticipated 8%. This surge was propelled by effective promotional initiatives tied to the FIFA World Cup and increased summer demand.
Tata Consumer Products Reports Robust Q2FY27 Earnings, Focus on High-Growth Segments
Tata Consumer Products Ltd (TCPL) reported strong Q2FY27 results, with consolidated revenue up 14% year-on-year to ~5,661 crore and profit after tax growing 16% to ~470 crore, driven by price hikes and a strategic pivot towards high-growth segments.
NSE edges higher post Q2; Jefferies ups target after 1st earnings since IPO
NSE share price target: Following the Q2 results, Jefferies has maintained its 'Buy' rating on NSE shares, and raised the target price to 2,125 from 2,085.
Mint Explainer: Will IBBIs new rules speed up relief for stranded homebuyers?
By allowing viable housing projects to be separated from a developer's overall debt, the 30 October IBBI amendments aim to fast-track handovers and safeguard buyers who haven't filed formal claims.
