FORTIS: HC APPOINTS FORENSIUC AUDITOR TO PROBE FORTIS RELIGARE TRANSACTION|| SANKYO SOUGHT AUDIT IN FORTIS CASE
C.E INFO: MAPMYINDIA MAPPLS PARTNERING WITH CLARITYX TO LAUNCH ‘GEO-FI’ INDIA’S FIRST COMPREHENSIVE GEO-INTELLIGENCE STACK FOR LENDING.
Capri Global says:
AUM at ₹40,000 Cr; targets ₹1 lakh Cr AUM in ~3 yrs
🟡 Gold loans could account for 50–55% of AUM in ~3 years, no plans to separately list the gold business
Could look at a fund raise over coming quarters
AUM at ₹40,000 Cr; targets ₹1 lakh Cr AUM in ~3 yrs
🟡 Gold loans could account for 50–55% of AUM in ~3 years, no plans to separately list the gold business
Could look at a fund raise over coming quarters
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KEI:
CO WILL SEE LARGE ORDERS FROM DATA CENTRE IN COMING MONTHS: INTERVIEW
CO WILL SEE LARGE ORDERS FROM DATA CENTRE IN COMING MONTHS: INTERVIEW
Bazaar.Update📊
KEI: CO WILL SEE LARGE ORDERS FROM DATA CENTRE IN COMING MONTHS: INTERVIEW
KEI says
FY27 EXPORT GUIDANCE MAINTAINED AT 17–18% OF REVENUE; STRONG H2 RECOVERY EXPECTED AS MIDDLE EAST SHIPMENTS RESUME & U.S. DEMAND RECOVERS
KEI INDUSTRIES: CO WILL MAINTAIN 11 - 12% EBIT MARGIN - INTERVIEW
FY27 EXPORT GUIDANCE MAINTAINED AT 17–18% OF REVENUE; STRONG H2 RECOVERY EXPECTED AS MIDDLE EAST SHIPMENTS RESUME & U.S. DEMAND RECOVERS
KEI INDUSTRIES: CO WILL MAINTAIN 11 - 12% EBIT MARGIN - INTERVIEW
MSCI REBALANCING — AUG 31
INFLOWS — STOCKS TO WATCH
Laurus Labs → +$598M
Lenskart → +$352M
Adani Energy Solutions → +$310M
Groww → +$256M
Eternal → +$674M
Adani Enterprises → +$202M
Adani Ports → +$77M
JSW Energy → +$34M
Adani Power → +$28M
GMR Airports → +$22M
Swiggy → +$13M
OUTFLOWS — STOCKS TO WATCH
Reliance Industries → −$523M
Jio Financial → −$61M
Indian Hotels → −$32M
AB Capital → −$21M
Colgate → −$16M
Balkrishna Industries → −$169M
SBI Cards → −$143M
Astral → −$138M
KEY WATCH: MSCI rebalancing flows expected in the last 30 minutes of today’s session.
INFLOWS — STOCKS TO WATCH
Laurus Labs → +$598M
Lenskart → +$352M
Adani Energy Solutions → +$310M
Groww → +$256M
Eternal → +$674M
Adani Enterprises → +$202M
Adani Ports → +$77M
JSW Energy → +$34M
Adani Power → +$28M
GMR Airports → +$22M
Swiggy → +$13M
OUTFLOWS — STOCKS TO WATCH
Reliance Industries → −$523M
Jio Financial → −$61M
Indian Hotels → −$32M
AB Capital → −$21M
Colgate → −$16M
Balkrishna Industries → −$169M
SBI Cards → −$143M
Astral → −$138M
KEY WATCH: MSCI rebalancing flows expected in the last 30 minutes of today’s session.
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Engineers India-To- NDTVProfit
Have Further Diversified In International Mkts
Retain Revenue Growth Guidance Of 10% For FY27
Upcoming Projs In Middle East Seeing Some Slowdown
Have Further Diversified In International Mkts
Retain Revenue Growth Guidance Of 10% For FY27
Upcoming Projs In Middle East Seeing Some Slowdown
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INDIA'S STATE-BACKED INFRASTRUCTURE FUND SECURES $2 BLN COMMITMENTS FROM GLOBAL, DOMESTIC INVESTORS
S Krishnan , Secretary MeitY
ISM 2.0 detailed notification out today
By 2030, India semiconductor market will go to $120 bn and $200 bn by 2035
Chip companies have overcome teething problems in setting up in India
Time to set up full semiconductor ecosystem now
ISM 2.0 detailed notification out today
By 2030, India semiconductor market will go to $120 bn and $200 bn by 2035
Chip companies have overcome teething problems in setting up in India
Time to set up full semiconductor ecosystem now
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UAE PRESIDENT'S ADVISOR:
THE MEMORANDUM OF UNDERSTANDING FAILED TO DRAW A PRACTICAL AND ACCEPTABLE ROADMAP
THE MEMORANDUM OF UNDERSTANDING FAILED TO DRAW A PRACTICAL AND ACCEPTABLE ROADMAP
NOVELIX PHARMACEUTICALS: APPOINTS WHOLE-TIME DIRECTOR
• Appointed Mr. Gnana Prakash Gattu as Whole-time Director for a 5-year term from August 29, 2026, subject to members’ approval.
• Mr. Gattu is an IIT-Chennai graduate with over 25 years of experience in IT and management.
• He belongs to the promoter group and is not related to other directors.
• He is not debarred from holding directorship in any listed company.
• Appointed Mr. Gnana Prakash Gattu as Whole-time Director for a 5-year term from August 29, 2026, subject to members’ approval.
• Mr. Gattu is an IIT-Chennai graduate with over 25 years of experience in IT and management.
• He belongs to the promoter group and is not related to other directors.
• He is not debarred from holding directorship in any listed company.
IT MINISTRY | SEMICON 2.0
Notifies Semicon 2.0 To Develop Semiconductor Design & Manufacturing Ecosystem
Covers Chip Design, Fabrication, Packaging
6 Pillars, 10 Categories Under The Scheme Are Covered
Focuses On Self-reliance, Supply Resilience, Competitiveness, Security
To Support IPs, Chips And SoCs For Key Applications
Start-ups Allows For Seed Funding Of Up To ₹15 Cr
New Chip Deployment Gets 9% Net Sales Reimbursement For 5 Years
To Support Equipment, Raw Materials, Testing And Mfg Infrastructure
R&D Projects Eligible For Funding Of Up To 75% Of Project Cost
Talent Development Gets Support Of Up To 75% Of Project Cost
Open For Applications For 3 Yrs; Projects Can Run For Up To 6 Yrs
Mid-term Scheme Appraisal After 3 Years To Assess Impact
India Semiconductor Mission (ISM) Will Be The Nodal Agency
Notifies Semicon 2.0 To Develop Semiconductor Design & Manufacturing Ecosystem
Covers Chip Design, Fabrication, Packaging
6 Pillars, 10 Categories Under The Scheme Are Covered
Focuses On Self-reliance, Supply Resilience, Competitiveness, Security
To Support IPs, Chips And SoCs For Key Applications
Start-ups Allows For Seed Funding Of Up To ₹15 Cr
New Chip Deployment Gets 9% Net Sales Reimbursement For 5 Years
To Support Equipment, Raw Materials, Testing And Mfg Infrastructure
R&D Projects Eligible For Funding Of Up To 75% Of Project Cost
Talent Development Gets Support Of Up To 75% Of Project Cost
Open For Applications For 3 Yrs; Projects Can Run For Up To 6 Yrs
Mid-term Scheme Appraisal After 3 Years To Assess Impact
India Semiconductor Mission (ISM) Will Be The Nodal Agency
MARUTI SUZUKI RAISES CAPEX GUIDANCE-BIG POSITIVE FOR AUTO ANCILLARY PLAYERS!
Plans 40 per cent jump in capex expenditure in FY27, from around Rs 10,000 crore last year to Rs 14,000 crore this year
Increased its capex outlay to Rs 77,500 crore for five years till FY31 (Earlier Rs 70000cr)
Subros, Jay Bharat Maruti, Machino Plastics, JTEKT, Lumac, RICO, UNO Minda, Sansera.
Plans 40 per cent jump in capex expenditure in FY27, from around Rs 10,000 crore last year to Rs 14,000 crore this year
Increased its capex outlay to Rs 77,500 crore for five years till FY31 (Earlier Rs 70000cr)
Subros, Jay Bharat Maruti, Machino Plastics, JTEKT, Lumac, RICO, UNO Minda, Sansera.
TRUMP LABELS CANADA AS ONE OF THE 'WORST ABUSERS' AND DECLARES HE DOESN'T WANT 'CANADIAN ANYTHING.'
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BSE , BROKING, CAPITAL MKT STOCKS
Suggestion floated to Remove Weekly F&O Expiry to curb retail losses, push investors to cash market - Ndtv Profit
Sharp volatility and low liquidity seen in CAS mechanism also a factor for this proposal
Goal to free up capital locked up in options margins and push into cash markets
SEBI has been looking at solutions to curb F&O losses
Suggestion floated to Remove Weekly F&O Expiry to curb retail losses, push investors to cash market - Ndtv Profit
Sharp volatility and low liquidity seen in CAS mechanism also a factor for this proposal
Goal to free up capital locked up in options margins and push into cash markets
SEBI has been looking at solutions to curb F&O losses
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APOLLO PIPES: ENTERS TILES & CERAMICS
• Apollo Pipes to enter Tiles & Ceramics business through a new subsidiary.
• Plans investment of up to ₹300 Cr in the new business.
• Board approves 31 lakh warrants at ₹610/share, raising ₹189.10 Cr from non-promoters.
• Preferential issue proceeds to support expansion plans.
• Authorized share capital to increase to ₹60 Cr.
• Apollo Pipes to enter Tiles & Ceramics business through a new subsidiary.
• Plans investment of up to ₹300 Cr in the new business.
• Board approves 31 lakh warrants at ₹610/share, raising ₹189.10 Cr from non-promoters.
• Preferential issue proceeds to support expansion plans.
• Authorized share capital to increase to ₹60 Cr.
INVESTEC ON KAYNES TECHNOLOGY
• Flags balance-sheet & cash-flow concerns
• Iskraemeco’s receivables surged in FY26, with similar rise in payables to Kaynes Electronics Manufacturing.
• Consolidated receivables increased sharply despite bill discounting rising to ₹460 Cr from ₹110 Cr.
• Smart-meter business may contribute ~40% of consolidated EBITDA; divestment could impact EMS profitability.
• Fixed-asset turns weakened, while higher intangibles may increase future amortisation.
• Kaynes gave ₹1,900+ Cr corporate guarantees for OSAT/Bare PCB businesses despite ~₹900 Cr capex.
• Flags balance-sheet & cash-flow concerns
• Iskraemeco’s receivables surged in FY26, with similar rise in payables to Kaynes Electronics Manufacturing.
• Consolidated receivables increased sharply despite bill discounting rising to ₹460 Cr from ₹110 Cr.
• Smart-meter business may contribute ~40% of consolidated EBITDA; divestment could impact EMS profitability.
• Fixed-asset turns weakened, while higher intangibles may increase future amortisation.
• Kaynes gave ₹1,900+ Cr corporate guarantees for OSAT/Bare PCB businesses despite ~₹900 Cr capex.
DEEP INDUSTRIES: INVESTOR PRESENTAION HIGHLIGHTS
• Q1 FY27: Revenue +39.8% | EBITDA +38.7% | PAT +44.5% YoY
• Order Book: ₹3,047 Cr as of June 2026
• FY26: Revenue ₹891 Cr | EBITDA ₹425 Cr
• ₹1,402 Cr ONGC contract for 15 years
• 20 onshore rigs — 6 drilling + 14 workover
• 75% stake in Dolphin Offshore expands offshore business
• Debt/EBITDA improved to 0.48x from 0.78x
• Strong opportunity from India’s oil & gas exploration and energy security push
• Exploring higher-capacity rigs and international offshore orders.
• Q1 FY27: Revenue +39.8% | EBITDA +38.7% | PAT +44.5% YoY
• Order Book: ₹3,047 Cr as of June 2026
• FY26: Revenue ₹891 Cr | EBITDA ₹425 Cr
• ₹1,402 Cr ONGC contract for 15 years
• 20 onshore rigs — 6 drilling + 14 workover
• 75% stake in Dolphin Offshore expands offshore business
• Debt/EBITDA improved to 0.48x from 0.78x
• Strong opportunity from India’s oil & gas exploration and energy security push
• Exploring higher-capacity rigs and international offshore orders.
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BRENT CRUDE FUTURES EXTEND GAINS, UP MORE THAN $3 TO $91.38 A BARREL AS U.S. AND IRAN RESUME MILITARY ATTACKS