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HIKAL:

CO. BEGINS COMMERCIAL PRODUCTION AT NEW CGMP PANOLI FACILITY FOR PERSONAL CARE PRODUCTS; MARKS ENTRY INTO GLOBAL BEAUTY AND PERSONAL CARE INDUSTRY; INITIAL FOCUS ON SKIN CARE WITH SECOND-GENERATION UV FILTERS; RECEIVED POSITIVE CUSTOMER FEEDBACK.
FM SITHARAMAN SAYS:

We are living in an Unpredictable World

India Borrowing To Invest Rather To Consume

Indian GDP Continues To Expand At 7.8%

Macro Stability Prompting World To Rerating

FTAs Opening Doors To India's Labour Intensive Sectors

Bank Credit Growth To Industry Has Picked Up

Commercial Sector Must Now Seize The Opportunity

Corporate Need To Spend On R&D; This Will Drive Innovation

Businesses Must Provide Predictability, Transparency

Need To Move To 'Imagined In India' From 'Made In India'

Challenge Is To See How Many Startups Endure Next 20 Years

Need Professionalisation Of MSMEs, Family Businesses
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SYMBIOTEC PHARMALAB:
GUIDANCE - API BUSINESS GROSS MARGINS ARE EXPECTED TO REMAIN AROUND 60%, WITH EBITDA MARGINS CLOSE TO 30%, DRIVEN BY BACKWARD INTEGRATION AND A FOCUS ON REGULATED MARKETS AND VALUABLE PRODUCTS.
SG Finserve: CRISIL Assigns Strong Credit Ratings

β€’ CRISIL assigned AA-/Stable rating for long-term bank loan facilities.

β€’ A1+ rating assigned for short-term facilities.

β€’ Ratings cover bank loan facilities totaling β‚Ή800 crore.

β€’ AA-/Stable indicates a strong degree of safety for timely servicing of financial obligations.
A SENIOR IRANIAN OFFICIAL TOLD KYODO IRAN WOULD REOPEN THE STRAIT OF HORMUZ WITHIN 7 DAYS IF THE US LIFTS ITS PORT BLOCKADE AND EASES MILITARY PRESSURE AROUND IT.
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INDIGO; Aviation Minister says ATFs Have Seen A Hike Due To West Asia Crisis | Engaging With Airlines Related To Capping Of Fares
INDIGO ; AVIATION MINISTER Says Preparations to keep airfares under control during the festive season πŸ”΄πŸ”΄
BOROSIL LTD: CO. RECONSIDERS SETTING UP NEW MANUFACTURING FACILITY IN GUJARAT; FACILITY TO BE ESTABLISHED BY BOROSIL SCIENTIFIC LIMITED WITH CAPITAL EXPENDITURE OF β‚Ή42 CRORES.
JP MORGAN on Hospitals

Says Hospitals Operating At Optimal Occupancy Level Of 65-70%

India Faces Huge Bed Shortage

Not Expecting Major Margin Compression For Hospitals Sector

Institutions Account For 5-20% Revenue For Hospitals

Growth Trajectory For Hospitals Sector Looks Very Solid
GHALIBAF SAYS IRAN WON'T SURRENDER, WILL STAND UP TO US - FARS
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Cranex: New Orders Worth β‚Ή7.18 Cr

β€’ Received new orders aggregating to approximately β‚Ή7.18 Cr for manufacturing and supply of products.

β€’ BHEL Chanjuji: Letter of Award worth β‚Ή1.33 Cr for Double Girder EOT Crane up to 100T package for 3Γ—16 MW HPPCL Chanju Stage III HEP.

β€’ DEE VEE Projects: Purchase order worth β‚Ή5.84 Cr for 6 material handling systems including cranes, hoists and yokes, with spares, erection and commissioning.

β€’ Execution timelines: 14 Feb 2027 and 17 May 2027, respectively.

β€’ Both orders are from domestic entities and are not related-party transactions.
ALLIED BLENDERS & DISTILLERS: CO PROMOTER BINA KISHORE CHHABRIA TO SELL UP TO 55 LAKH SHARES (1.97%) IN THE OPEN MARKET FROM SEPTEMBER 23 - OCTOBER 31 TO MEET MINIMUM PUBLIC SHAREHOLDING REQUIREMENTS.
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JSW MG MOTOR says JSW Grp Has Massive Requirement But Other Conglomerates Have Also Shown Interest For Trucks
SENIOR IRANIAN OFFICIAL TO RTRS: IRANIAN DELEGATION IS IN NEW YORK WITH FULL AUTHORITY TO REVIVE DIPLOMACY WITH US
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SENIOR IRANIAN OFFICIAL TO RTRS: DETAILS OF AN AGREEMENT TO END HOSTILITIES WITH US CAN BE DISCUSSED IN NEW YORK VIA MEDIATORS || TEHRAN WELCOMES REVIVAL OF DIPLOMACY IF US TAKES TANGIBLE STEPS
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SAUDI ARABIA RESTARTS EAST-WEST OIL PIPELINE || SAUDI ARABIA PREPARES TO RESUME CRUDE OIL EXPORTS FROM YANBU PORT LATER ON TUESDAY - TRADE SOURCES
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HCLTECH : WINS MAJOR AI-LED IT TRANSFORMATION ORDER FROM M GROUP FOR 200+ LOCATIONS
DABUR : BOARD MEETING ON NOV 4 TO CONSIDER Q2 RESULT + INTERIM DIVIDEND
Bank of America raised its H2 2026 Brent forecast to $95 from $83, expecting Middle East tensions to persist through year-end.

Hormuz disruptions are still running 4–8 million barrels per day below pre-war levels, despite alternative routes and escorted shipments.

BofA sees Brent averaging $80 in 2027, but warns prolonged disruptions could send front-month prices above $150.
KREMLIN REPORTS RUSSIA IS DISCOVERING NEW ROUTES FOR ITS GRAIN EXPORTS.

KREMLIN CONFIRMS PUTIN AND ERDOGAN DISCUSSED TURKISH PLAN FOR BLACK SEA, WITH MORE DIPLOMATIC COMMUNICATION FOLLOWING.

KREMLIN ACCUSES UKRAINE OF CAUSING PROBLEMS FOR GRAIN EXPORTS THROUGH THE BLACK SEA.
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KREMLIN CALLS FOR LIFTING SANCTIONS ON ALL RUSSIAN CITIZENS, NOT JUST BUSINESSMEN FRIDMAN AND USMANOV.

KREMLIN STATES U.S. AND ALLIES ARE NOT WORKING WITH RUSSIA IN THE ARCTIC.
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