APPLE'S IPHONE DUO STARTS AT $1,999, WITH STORAGE RANGING FROM 256GB TO 2TB
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APPLE'S IPHONE DUO'S PRE-ORDERS BEGIN 16 OCTOBER, WITH THE DEVICE AVAILABLE FROM 23 OCTOBER
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FLIPKART ENTERS FOOD DELIVERY WITH EAT APP, INTENSIFYING COMPETITION FOR ZOMATO AND SWIGGY
GLP-1 WEIGHT-LOSS BOOM PUSHES PHARMA CO'S INTO NUTRACEUTICALS AND WELLNESS, OPENING NEW GROWTH AVENUES
BIRLANU: CO PLANS ₹500-CRORE CAPEX OVER TWO YEARS TO EXPAND CONSTRUCTION CHEMICALS AND PIPES CAPACITY
CORANA REMEDIES: 4 % STAKE EXCHANGED VIA BLOCK DEAL
26.3 LKH SHARES EXCHANGED VIA BLOCK DEAL
26.3 LKH SHARES EXCHANGED VIA BLOCK DEAL
Dixon Down in Opening Trade
India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in country – Reuters
Fraud office calls for scrutiny of fund movements, lays out framework
Dixon Technologies has a significant manufacturing tie-up with Xiaomi India
India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in country – Reuters
Fraud office calls for scrutiny of fund movements, lays out framework
Dixon Technologies has a significant manufacturing tie-up with Xiaomi India
BRICS SUMMIT 2026, XI JINPING INDIA VISIT
Xi Jinping is likely to visit India, Chinese government sources tell TIMES NOW
Xi's India visit is expected to be formally announced today
Sources hint at "good news" on the visit
Xi Jinping is likely to visit India, Chinese government sources tell TIMES NOW
Xi's India visit is expected to be formally announced today
Sources hint at "good news" on the visit
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SANDEEP KALRA, PERSISTENT SYSTEMS SAYS
To Decide Fund Raise Amount And Debt-Equity Mix After Nagarro Offer Closes Oct 7
Original Plan 100% Debt Via $1.4 Bn Barclays Bridge Facility For Nagarro
FCCB Gives Cheaper Near-term Cost Of Capital, Full $450 m QIP Would Be <5% Dilution
Aim To Reduce Net Debt/EBITDA From 1.5-1.6x To 1x Within 2-3 Years
Aspire For Combined Growth To Normalise To Mid-teens Or Higher Over 2-3 Years
To Decide Fund Raise Amount And Debt-Equity Mix After Nagarro Offer Closes Oct 7
Original Plan 100% Debt Via $1.4 Bn Barclays Bridge Facility For Nagarro
FCCB Gives Cheaper Near-term Cost Of Capital, Full $450 m QIP Would Be <5% Dilution
Aim To Reduce Net Debt/EBITDA From 1.5-1.6x To 1x Within 2-3 Years
Aspire For Combined Growth To Normalise To Mid-teens Or Higher Over 2-3 Years
SUNIL TIRUMALAI, UBS INDIA SAYS
Continue To Maintain A Cautious Stance On India
Consensus Expects 25-26% Growth In EMs Over Next 2 Yrs, Skewed Heavily By Korea & Taiwan
EM Earnings Growth Estimates Excluding Korea & Taiwan Is 18-19% Vs India At 16-17%
India Offers Diversification As Other Markets Chase Al
Most Worrying Is The US Fiscal Deficit Coinciding With Rising Borrowing By Al Hyperscalers
Continue To Maintain A Cautious Stance On India
Consensus Expects 25-26% Growth In EMs Over Next 2 Yrs, Skewed Heavily By Korea & Taiwan
EM Earnings Growth Estimates Excluding Korea & Taiwan Is 18-19% Vs India At 16-17%
India Offers Diversification As Other Markets Chase Al
Most Worrying Is The US Fiscal Deficit Coinciding With Rising Borrowing By Al Hyperscalers
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SUMEET JAIN, CLSA INDIA SAYS
Al-driven Deflation Is A Concern For Large Cap IT, Driving Recent Downgrades
Expect 1-3% Dollar Revenue Growth For Large Cap IT Cos In FY27-28
INR Tailwinds For IT Cos Is Limited In The Near-term Due To FCNR(B) Deposits
See 10-15% Al Deflation, In Some Cases 30-40% In Large Deals
Current Fall In Coforge Indicates A Buying Opportunity
Al-driven Deflation Is A Concern For Large Cap IT, Driving Recent Downgrades
Expect 1-3% Dollar Revenue Growth For Large Cap IT Cos In FY27-28
INR Tailwinds For IT Cos Is Limited In The Near-term Due To FCNR(B) Deposits
See 10-15% Al Deflation, In Some Cases 30-40% In Large Deals
Current Fall In Coforge Indicates A Buying Opportunity
KEI IND says
Will able to maintain our market share , Dont expect Competition Impact on biz
UltraTech Entry Will Increase Competition, But We've Established Biz Built Several Decades
Company's Pricing Is The Lowest Among Peers
Will able to maintain our market share , Dont expect Competition Impact on biz
UltraTech Entry Will Increase Competition, But We've Established Biz Built Several Decades
Company's Pricing Is The Lowest Among Peers
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Trump says gas prices will fall to $2 per gallon once US "wins the war" with Iran
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South Korea to give every citizen access to free and "unlimited" generative AI
BHANU BAWEJA, UBS INVESTMENT BANK
Risk Of Oil Prices Rising Significantly From Hereon Still Exists
Need To Be Cognizant That Rate Hikes Have Already Been Priced In
Believe It Is Possible To See Three Rate Hikes If Oil Prices Rise Further
Beginning To See Some Discount Being Demanded Against The Dollar
Rupee Depreciation Is Certainly Not Over Yet
Risk Of Oil Prices Rising Significantly From Hereon Still Exists
Need To Be Cognizant That Rate Hikes Have Already Been Priced In
Believe It Is Possible To See Three Rate Hikes If Oil Prices Rise Further
Beginning To See Some Discount Being Demanded Against The Dollar
Rupee Depreciation Is Certainly Not Over Yet
DILIP BUILDCON – DIVESTS 51% STAKE IN MEKHALI POWER TRANSMISSION
• Divests 51% stake in Mekhali Power Transmission to Alpha Alternatives for ~₹2,914 Cr
• Project cost estimated at ~₹2,171 Cr
• Partnership to fund equity in 51:49 ratio
• Transaction aligns with DBL’s asset-light strategy
• Divests 51% stake in Mekhali Power Transmission to Alpha Alternatives for ~₹2,914 Cr
• Project cost estimated at ~₹2,171 Cr
• Partnership to fund equity in 51:49 ratio
• Transaction aligns with DBL’s asset-light strategy