Nifty IT index emerges as the best-performing sectoral index, while Nifty Oil & Gas was the sole sectoral laggard
Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profit more than doubled, supported by business growth, improving asset quality and an expanded gold loan network.
Anand Rathi Wealth reported a 22% year-on-year rise in Q2 business profit to Rs 122 crore, with revenue increasing 16%. Assets under management reached Rs 1.08 lakh crore as quarterly net inflows hit a record Rs 4,186 crore.
Elara Capital
During Bio Connect 4.0, experts discussed leveraging the State’s Ayurveda strengths to develop more plant-based medicines
During a recent event in Shanghai, Prime Minister Narendra Modi emphasized the importance of skill development among India's youth, celebrating the nation's accomplishments at the WorldSkills Competition. He urged young people to embrace new technologies alongside traditional education, promoting a vision for a stronger skill training framework. The Prime Minister's message aimed to motivate youth to champion skill initiatives, fostering a future-ready workforce in India.
Mobile internet will remain suspended within a 4-km radius of the Janpath-Kartavya Path crossing in Delhi from 10 pm on October 9 to 10 pm on October 10. The suspension comes as the Cockroach Janta Party plans a protest at Jantar Mantar on October 10.
Susan Dell, wife of Dell Technologies CEO Michael Dell, has sparked online buzz after her recent White House appearance alongside Donald Trump, with social media users commenting on her changed appearance and dubbing it “Mar-a-Lago face.” The controversy has fuelled talk of a “$50K MAGA makeover,” with cosmetic surgeons outlining how procedures such as facelifts, eyelid surgery, Botox and fillers could potentially account for such changes.