Investors placed orders for more than four times the shares available in Jio Platforms’ $3.2 billion Mumbai listing, India’s largest-ever equity offering and Reliance Industries’ first public share sale in two decades. Investors placed orders for more than four times…
Supreme Power Equipment raised its FY27 revenue outlook after first-half income surged nearly 80%, with a ₹565.80 crore order book and new capacity supporting further growth despite raw material pressures. Supreme Power Equipment reported a sharp rise in first-half earnings…
Rising crude prices, geopolitical anxiety and weaker global risk appetite pushed the Sensex to a fourth consecutive fall, leaving the benchmark down 2.15% for the holiday-shortened week. Indian equities remained under pressure on Friday as renewed concern over West Asia,…
Adani Green Energy’s operational capacity has risen to 20.8GW, while battery storage at Khavda expands and a delayed transmission corridor threatens to slow further commissioning. Adani Green Energy said its operational fleet has now passed 20 GW, marking a key…
The Indian IT services company lifted its FY27 EBIT margin target to 16% after AI-driven productivity gains, record deal wins and easing costs strengthened its outlook. Coforge has lifted its margin target for fiscal 2027 after saying artificial intelligence is…
Beta Drugs reported a 29.2% rise in first-half revenue and a 45% increase in profit, as Nivian, exports and a broader oncology portfolio strengthened performance. Beta Drugs reported a sharp improvement in first-half results for fiscal 2027, with revenue rising…
Infosys has lowered its full-year revenue growth forecast, despite a rise in quarterly profit and a 29 per cent jump in AI-linked revenue, as cautious clients weigh on demand. Infosys has reported a modest rise in quarterly profit, but the…
Jio Platforms’ ₹30,213-crore share sale attracted more than 13.8 million applications and bids worth about ₹7.40 lakh crore, setting a reported global record for IPO demand ahead of its October 28 listing. Jio Platforms’ ₹30,213-crore initial public offering closed on…
Bansal Wire Industries reported robust second-quarter growth and plans to lift capacity utilisation, improve its product mix and fund expansion largely through internal accruals. Bansal Wire Industries held its second-quarter and first-half FY27 earnings call on October 23, 2026, with…
IndusInd Bank posted a ₹1,242 crore profit for the September quarter as deposits and advances grew at double-digit rates, while lower bad loans and provisions strengthened its recovery despite pressure on margins. IndusInd Bank delivered a stronger quarter in the…
Kotak Mahindra Bank is expected to deliver strong September-quarter profit and loan growth, but investors will focus on whether higher deposit costs and FCNR(B) inflows begin to weigh on margins. Kotak Mahindra Bank is expected to post a strong rise…
Infosys shares fell sharply in New York after the technology services group lowered its revenue guidance, citing softer demand, pricing pressure and greater offshoring despite $5.2bn in quarterly deal wins. Infosys ADRs fell sharply on Friday in New York after…
