Wipro inks multi-year agreement with apparel brand HanesBrands
Wipro will leverage its AI suite, Wipro IntelligenceTM WINGS to facilitate HanesBrands’ shift to a unified, AI-led managed services model.
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NMDC Steel Q2 results: Shares tank despite narrowing of net loss, revenue doubling
NMDC Steel reported a sharp narrowing of losses in Q2 FY26, with net loss at ₹115 crore compared to ₹595.4 crore a year earlier, while revenue more than doubled.
Vedanta demerger suffers another delay; Here’s why the stock fell after the initial spike
SEBI has now placed on record it’s stance, clarifying that it was not happy with Vedanta’s modification of the scheme of merger after approval. Vedanta also submitted that SEBI gave them a wrap on the knuckles, but has approved the…
Regulations won’t derail long-term growth of mutual funds, wealth managers, says Kotak’s Pratik Gupta
Pratik Gupta, CEO and Co-Head of Kotak Institutional Equities, sees value in banks, insurers, and telecom but remains cautious on expensive consumer stocks as demand softens post the festive season.
Five Star Business Finance shares jump 12% post Q2 results; profit up 7%
The non-banking financial company (NBFC) reported a 6.8% year-on-year rise in net profit to ₹286 crore, against ₹268 crore in the same quarter last year.
CG Power Q2 Results: Stock rises despite earnings missing street expectations
CG Power has also approved a greenfield expansion for its switchgear business, which will entail a capex of ₹748 crore. The expansion is to cater to the expected increase in demand for MV/EHV circuit breakers, instrument transformers and gas insulated…
Nifty closes above 26,050, Midcap Index hits 1-year high
Nifty Midcap index hit a one-year high, though it later pared gains to end slightly lower at 60,149.
Gujarat Pipavav Port shares up 5% on ₹17,000 crore MoU with Gujarat Maritime Board
Gujarat Pipavav Port signed a ₹17,000 crore MoU with the Gujarat Maritime Board for future investments to expand port capacity, sending shares up over 5% in morning trade.
Motilal Oswal shares fall nearly 8%, the most in six months, due to this SEBI proposal
Ashish Somaiyaa of Whiteoak Capital AMC also added that it remains to be seen how will the industry absorb the reduction in the Total Expense Ratio, further stating that he expects a total hit to be between 10 to 12…
Coal India Q2 Results: Shares fall after earnings miss estimates on most fronts
The Board of Coal India also announced a second interim dividend of ₹10.25 per equity share on the face value of ₹10 each for the financial year 2025-26. Record date for the said dividend has been fixed as November 4.