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INR stays upbeat as forex measures and easing oil prices support

Mumbai, Oct. 16 -- The Indian rupee appreciated 20 paise to 94.79 against the US dollar in early trade on Friday on softening of the American currency and the positive impact of the RBI' structural fo... Read More


Persistent Systems slips after Q2 PAT slides 27.2% QoQ

Mumbai, Oct. 16 -- The company's revenue increased 30.3% YoY and 8.4% QoQ to Rs 4,663.9 crore in Q2 FY27. In US dollar terms, revenue increased 20% YoY and 7.8% QoQ to $487.6 million. The company rep... Read More


Axis Mutual Fund announces Temporary Suspension of subscription to the units of Axis Gold Fund

Mumbai, Oct. 16 -- Axis Mutual Fund has decided to temporarily suspend the following transactions in Axis Gold Fund (the Scheme) with effect from opening of business hours of October 16, 2026: 1. Lum... Read More


Nifty trades above 23,100 level; IT shares extend rally for 4th day

Mumbai, Oct. 16 -- The key equity benchmarks pared their brief losses and moved higher to trade with moderate gains in morning trade, supported by buying interest in IT shares following strong second-... Read More


HD Fire Protect IPO ends with 131.70 times subscription

Mumbai, Oct. 16 -- HD Fire Protect received bids for 2,42,60,01,270 shares as against 1,84,20,492 shares on offer. The issue was subscribed 131.70 times. The qualified institutional buyers' (QIB) por... Read More


Zerodha Mutual Fund announces change in AMC name

Mumbai, Oct. 16 -- Zerodha Mutual Fund has announced changes in AMC name revising it from 'Zerodha Asset Management Private Limited' to 'Zerodha CASE Asset Management Limited'. The change is effective... Read More


India's balance of payments records impressive show

Mumbai, Oct. 16 -- India's balance of payments saw a surplus of $45.4 billion in August 2026, compared with a deficit of $5.6 billion a year earlier, according to data released by the Reserve Bank of ... Read More


Wipro to acquire 20% stake in FLARRE.AI, Inc.

Mumbai, Oct. 16 -- Wipro through its step-down subsidiary - Wipro IT Services, LLC has signed a definitive agreement to acquire 20% shareholding in FLARRE.AI, Inc. on 15 October 2026. The transaction ... Read More


Kapston Services to discuss results

Mumbai, Oct. 16 -- Kapston Services will hold a meeting of the Board of Directors of the Company on 20 October 2026. Published by HT Digital Content Services with permission from Capital Market.... Read More


Tech Mahindra gains after Q2 PAT jumps 32.7% YoY to Rs 1,586 crore

Mumbai, Oct. 16 -- Revenue from operations increased 15.6% to Rs 16,180.2 crore in Q2 FY27 as compared with Rs 13,994.9 crore in Q2 FY26. Sequentially, net profit increased 8.2% from Rs 1,465.1 crore... Read More