INDIA MARKET LENS

Company news

Company news from NSE and BSE listed businesses: results, order wins, deals, management changes and corporate actions.

Friday, 2 October 2026

Wipro breaks ranks with IT peers, gives junior staff 180 days on bench: Where do TCS, Cognizant, Infosys stand?

Wipro has taken a different approach to bench management in India’s IT industry, giving junior and mid-level employees up to six months to find a new billable assignment

WIPROTCSINFY

Suzuki Tells India Suppliers To Adopt 6-Day Production Week Amid Quality Push: Report

Suzuki wants Indian suppliers to limit production operations to six days a week, with a full day for maintenance as Maruti targets 4 million vehicles by 2030.

MARUTI

Reliance plans ₹1 lakh crore CBG investment in Andhra Pradesh, eyes 3 lakh jobs

Reliance Industries is stepping up its clean-energy push in Andhra Pradesh with a proposed ₹1 lakh crore investment in compressed biogas plants. The projects are expected to…

3 outletsRELIANCE

Vedanta firms dividend comparison: Which firm is real king? Vedanta Iron, Vedanta Oil & Gas, or Vedanta Aluminium?

Vedanta Limited's dividend history includes 49 payouts since 2001. Post-demerger, Vedanta Aluminium Metal is the only segment to declare dividends, offering ₹8 per share. 

VEDLCorporate Actions

Why $143.5-billion FCNR inflows may not mean abundant bank liquidity

Record foreign-currency inflows have lifted bank deposits, but SBI Research says the liquidity impact may be far smaller than the headline numbers suggest. CRR, SLR, LCR…

SBINMonetary Policy

Adani Group's most valuable company sets new record; shares major business update

Adani Ports reported 11% YoY cargo volume growth, reaching 46 MMT for September 2026. Check complete details and Adani Ports and Special Economic Zone share price performance

ADANIPORTS

Vedanta wants to boost crude output from Rajasthan oil fields; plans $200 million investment: Report

The company plans to achieve this increase through enhanced recovery techniques such as polymer flooding, well interventions and alkaline-surfactant-polymer injection.

VEDL

Rupee near 97: Rupee faces multi-front pressure; SBI Research calls for immediate protective measures

The rupee is facing multi-front pressure from FPI outflows, stronger dollar demand and a sharp rise in global bond yields, with the currency nearing the 97-per-dollar mark. SBI…

SBINInstitutional Flows

Dividend, bonus, split, buyback, spin off in October: TCS, NMDC, PTC India, JSW Dulux among key corporate actions | List

Corporate actions in October include spin-offs by Bhagyanagar India and Veranda Learning Solutions, dividends from TCS and NMDC, and stock splits by companies like Moldtek…

TCSCorporate Actions

Coal India, NTPC among 360 ONE Capital Research’s 8 stock picks for October. Check full list with target prices

360 ONE Capital Research has picked eight stocks for October, including Coal India, NTPC and ITC, with Buy ratings and target prices, citing earnings prospects and growth…

2 outletsCOALINDIANTPCITCQuarterly Results

HDFC Bank shares: How stock fared since Atanu Chakraborty's exit till Anup Bagchi appointment- Performance data details

HDFC Bank shares struggled in 2026 due to leadership upheaval, dropping around 15% since March. The recent appointment of Anup Bagchi as CEO provides hope for recovery, but…

HDFCBANK

‘Nobody is allowed to put a cap on sales’: Oil Secretary Neeraj Mittal on fuel purchase restrictions

Private refiners Reliance Industries and Nayara Energy have restricted fuel sales at their retail outlets to limit losses from selling petrol and diesel below market rates.

RELIANCE

Suzlon, KPIT Tech, RIL, IRFC, HDFC Bank, Infy: 56% Nifty500 stocks in bear grip amid market sell-off

Indian equities extend their losing streak as 56 per cent of Nifty 500 stocks fall at least 20 per cent from 52-week highs amid FII outflows, crude and rising yields.

RELIANCEHDFCBANKInstitutional Flows

Bajaj Finance to raise Rs 17,500 cr via QIP, pref issue

Bajaj Finance plans to raise up to Rs 17,500 crore through a Rs 11,700-crore QIP and Rs 5,800 crore warrant issue to promoter Bajaj Finserv. The fundraising requires shareholder…

2 outletsBAJFINANCEIPO & Listings

Coal India shares | Nuvama upgrades to Buy, hikes target price on higher e-auction premium

Coal India shows significant growth in e-auction premiums and volumes, with September offtake rising 12.5%. Nuvama upgraded the stock to 'Buy' with a target price of ₹501, citing…

COALINDIA

Down 10% in a month; Bajaj Finance approves ₹11,700 cr QIP, ₹5,800 cr warrants to Bajaj Finserv - Share value impact

Bajaj Finance is set to raise up to ₹11,700 crore through a QIP and ₹5,800 crore through preferential warrant issues to Bajaj Finserv. This funding aims to strengthen its capital…

BAJFINANCEIPO & Listings

Buy ONGC, Sell Oil India| Kotak raises FY27 oil price assumption to $90

Kotak Institutional Equities maintains a BUY on ONGC with a revised fair value of ₹355 and a SELL on Oil India at ₹360, citing better production outlook and favorable pricing…

ONGC

September Auto Sales: Who Sold The Most Vehicles? Tata Motors, Eicher, Bajaj, Maruti To M&M, Here's The List

Indian auto makers show mixed September sales; passenger and commercial vehicles grow, tractor sales decline amid weak rural demand. Exports remain strong for several…

TATAMOTORSMARUTI

Apple Pay in India: Why Axis Bank made the cut before HDFC, ICICI and SBI Card

Apple Pay has entered India with Axis Bank, but the absence of HDFC Bank, ICICI Bank and SBI Card highlights the commercial hurdles behind the rollout.

AXISBANKHDFCBANKICICIBANK

One day, two Anups; one Saha, one Bagchi at helm of two big banks | Meet ex-ICICI and IIT, IIM alumni banks banked upon

Both Anup Kumar Saha and Anup Bagchi have served ICICI in the past, and are graduates of IIT and IIM.

ICICIBANK

Thursday, 1 October 2026

TCS to buy US retailer Best Buy's India GCC, develop an AI-native centre

Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre

2 outletsTCS

HDFC Bank CEO salary per month: Check renumeration of FY 2026

HDFC Bank's CEO earned ₹15.13 crore for FY26, with a 35% performance bonus. He will leave his position on October 26 and will be succeeded by Anup Bagchi, approved by RBI as the…

HDFCBANK

Accenture expects higher AI spending by clients as token costs fall

Accenture's earnings cheered investors, with the company’s shares rising 22% on the New York Stock Exchange. Shares of Infosys and Wipro followed as well, gaining 9% and 8%.

INFYWIPROQuarterly Results

'Good Days Ahead': HDFC Bank Sources Say Anup Bagchi Brings The Hands-On Execution Missing Earlier

HDFC Bank sources say Bagchi’s retail, technology and execution experience will be key as the lender enters a new leadership phase.

HDFCBANK

HDFC Bank board appoints Anup Bagchi as MD, CEO with effect from October 27

8 outletsHDFCBANK

Setback for Vedanta as Orissa HC rejects old bauxite supply pact

The ruling could sharply raise the cost of bauxite for Vedanta’s aluminium business, putting pressure on a key cost advantage for one of India’s largest producers of the metal.

VEDL

Infosys, Wipro ADRs jump up to 10% after Accenture Q4 results beat Wall Street estimates

Accenture's strong fiscal fourth-quarter performance boosted Infosys and Wipro ADRs significantly as they rebounded from losses. Infosys ADRs rose 8% and Wipro ADRs jumped 10%…

INFYWIPROQuarterly Results

Coal India Q2 Coal Supplies Jump 12%, Power Sector Dispatches Rise 11%

Coal India’s supplies to the power sector rose 10.63% year-on-year to 48.90 MT in September from 44.20 MT.

2 outletsCOALINDIAQuarterly Results

CBI Files Second Chargesheet In Reliance Home Finance Case; 11 Accused Named

The chargesheet was filed on Oct. 1, 2026, before the Special Judge for CBI Cases in Mumbai.

RELIANCE

Infosys, Wipro ADRs soar up to 8% as strong Accenture earnings forecast lifts mood

Infosys and Wipro ADRs rallied in US premarket trading after Accenture forecast stronger-than-expected annual revenue growth. Its upbeat outlook eased concerns over global…

3 outletsINFYWIPROQuarterly Results