SANJAY MALHOTRA, RBI GOVERNOR
India's Yields Have Risen Less Vs Other Countries
Inflation Expectations Are Elevated In Countries With Higher Yields
MPC Members Felt Right To Look At Inflation Trajectory
MPC Will Re-assess Growth-Inflation Dynamics
India's Yields Have Risen Less Vs Other Countries
Inflation Expectations Are Elevated In Countries With Higher Yields
MPC Members Felt Right To Look At Inflation Trajectory
MPC Will Re-assess Growth-Inflation Dynamics
π2
IndusIndBank expects 16-17% credit growth in FY27, sees broader recovery ahead
IRAN-BACKED HOUTHIS REACHED STRATEGIC YEMENI ISLAND OF PERIM IN BAB EL-MANDEB STRAIT EARLY ON FRIDAY- FOUR YEMENI GOVERNMENT SOURCES
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JD Vance says the $5,000 checks are not for everyone and will depend on future tariff income
π1
ZYDUS LIFESCIENCES : CREDIT RATINGS REAFFIRMED π
β’ CRISIL AAA/Stable long-term rating reaffirmed.
β’ CRISIL A1+ short-term rating reaffirmed.
β’ Ratings cover βΉ4,724 Cr bank facilities.
β’ βΉ200 Cr Commercial Papers and βΉ125 Cr NCDs/other NCDs also carry A1+/AAA ratings.
β’ Reaffirmation reflects strong financial profile and credit stability.
β’ CRISIL AAA/Stable long-term rating reaffirmed.
β’ CRISIL A1+ short-term rating reaffirmed.
β’ Ratings cover βΉ4,724 Cr bank facilities.
β’ βΉ200 Cr Commercial Papers and βΉ125 Cr NCDs/other NCDs also carry A1+/AAA ratings.
β’ Reaffirmation reflects strong financial profile and credit stability.
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NSE EXEC SAYS HAVE NOT MADE ANY APPLICATION TO SEBI TO TRADE ITS OWN SHARES ON NSE'S PLATFORM :CNBC AWAAZ
NSE EXEC SAYS OTHER BUSINESS ARE ALSO COMING UP TO REDUCE PIE OF WEEKLY OPTIONS REVENUE
NSE EXEC SAYS WE WILL ACT AS REGULATOR FIRST AND COMMERCIAL CONSIDERATIONS WILL BE SECONDARY
INDIA-EU FTA
EU Commission proposes India FTA for Council signature
EU-India trade deal to be largest ever concluded by both sides
FTA to eliminate or cut tariffs on 96% of EU goods exports to India
Deal to cut tariffs, remove trade barriers, provide predictable rules
EU Commission proposes India FTA for Council signature
EU-India trade deal to be largest ever concluded by both sides
FTA to eliminate or cut tariffs on 96% of EU goods exports to India
Deal to cut tariffs, remove trade barriers, provide predictable rules
π1
LLOYDS METALS AND ENERGY:
CO CCI IMPOSES βΉ15 LAKH PENALTY FOR STANDSTILL OBLIGATION CONTRAVENTION IN THRIVENI EARTHMOVERS COMBINATION
CO CCI IMPOSES βΉ15 LAKH PENALTY FOR STANDSTILL OBLIGATION CONTRAVENTION IN THRIVENI EARTHMOVERS COMBINATION
FINANCE MINISTER SAYS
New Generation Is Writing India's Next Chapter
New Generation Not Waiting For Legacy Yardsticks
Builds World's Fastest-Growing Digital Payments Infrastructure
New Generation Is Writing India's Next Chapter
New Generation Not Waiting For Legacy Yardsticks
Builds World's Fastest-Growing Digital Payments Infrastructure
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NSE VS BSE
π NSEβs operating scale & profitability far ahead of BSE
β’ Revenue: NSE βΉ16,601 Cr β vs BSE βΉ4,834 Cr
β’ Transaction Charges: NSE βΉ13,057 Cr β vs BSE βΉ3,795 Cr
β’ EBITDA: NSE βΉ12,657 Cr β vs BSE βΉ3,156 Cr
β’ EBITDA Margin: NSE 76% β vs BSE 65%
β’ PAT: NSE βΉ10,302 Cr β vs BSE βΉ2,497 Cr
π NSEβs operating scale & profitability far ahead of BSE
β’ Revenue: NSE βΉ16,601 Cr β vs BSE βΉ4,834 Cr
β’ Transaction Charges: NSE βΉ13,057 Cr β vs BSE βΉ3,795 Cr
β’ EBITDA: NSE βΉ12,657 Cr β vs BSE βΉ3,156 Cr
β’ EBITDA Margin: NSE 76% β vs BSE 65%
β’ PAT: NSE βΉ10,302 Cr β vs BSE βΉ2,497 Cr
MINING COULD PUMP $500 BILLION INTO INDIA'S ECONOMY AND CREATE 3 CRORE JOBS IN 20 YEARS: MAHARASHTRA CM FADNAVIS
CEIGALL INDIA:
CO BOARD APPROVES ACQUISITION OF 100% STAKE IN JAM KHAMBHALIYA JAMNAGAR POWER TRANSMISSION FROM REC
CO BOARD APPROVES ACQUISITION OF 100% STAKE IN JAM KHAMBHALIYA JAMNAGAR POWER TRANSMISSION FROM REC
ALLIED BLENDERS AND DISTILLERS: CO APPROVES βΉ125 CRORE CAPITAL CONTRIBUTION TO SUBSIDIARY MINAKSHI AGRO FOR 3 MN BL MALT DISTILLERY IN AURANGABAD AND COST OVERRUNS
ESDS Software has doubled after listing but there are a LOT of red flags. The five biggest ones below:
The "$1.25 bn deal" is money ESDS must pay, not money it will earn -> its not being framed properly in communications
Almost all the cash is a refundable prepayment from one unnamed customer β βΉ1,177 cr advance is 251% of revenue and ~98% of OCF
The GPU supplier is a tiny, short-attacked company that may not deliver
45% of group profit sits in a subsidiary the main auditor never audited, and the promoter personally owns 1% of it
The promoter describes the same deal differently depending on who's asking, and the delivery date has already slipped β "order win" on CNBC Awaaz, "the cost" on CNBC-TV18; seven years became five; GPUs called appreciating assets. Sydney go-live now "end of October" vs 16 September filed delivery.
The "$1.25 bn deal" is money ESDS must pay, not money it will earn -> its not being framed properly in communications
Almost all the cash is a refundable prepayment from one unnamed customer β βΉ1,177 cr advance is 251% of revenue and ~98% of OCF
The GPU supplier is a tiny, short-attacked company that may not deliver
45% of group profit sits in a subsidiary the main auditor never audited, and the promoter personally owns 1% of it
The promoter describes the same deal differently depending on who's asking, and the delivery date has already slipped β "order win" on CNBC Awaaz, "the cost" on CNBC-TV18; seven years became five; GPUs called appreciating assets. Sydney go-live now "end of October" vs 16 September filed delivery.
AUROBINDO PHARMA : USFDA INSPECTION ENDS WITH ZERO OBSERVATIONS β
β’ USFDA inspection at subsidiary Apitoria Pharmaβs Unit-IV API facility concluded with zero observations.
β’ Inspection conducted from Sept 7β11, 2026.
β’ Positive regulatory compliance milestone for the company.
β’ USFDA inspection at subsidiary Apitoria Pharmaβs Unit-IV API facility concluded with zero observations.
β’ Inspection conducted from Sept 7β11, 2026.
β’ Positive regulatory compliance milestone for the company.
PIRAMAL FINANCE : MOODYβS UPGRADES RATINGS TO Ba2 π
β’ Moodyβs upgrades Long-Term CFR & Senior Secured Debt Rating to Ba2 from Ba3.
β’ Upgrade reflects lower legacy assets, stronger capitalisation & improving profitability.
β’ Diversified funding profile and improved credit profile expected to support lower funding costs.
β’ Domestic ratings also improved to AA+/Stable from CRISIL, ICRA & CARE.
β’ Moodyβs upgrades Long-Term CFR & Senior Secured Debt Rating to Ba2 from Ba3.
β’ Upgrade reflects lower legacy assets, stronger capitalisation & improving profitability.
β’ Diversified funding profile and improved credit profile expected to support lower funding costs.
β’ Domestic ratings also improved to AA+/Stable from CRISIL, ICRA & CARE.
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π CPI set to decide next weekβs Fed hike as markets price 61% chance.