Industry Report

Bengaluru matches Tokyo with 11.5% office rent growth in Q3: Knight Frank

Bengaluru matched Tokyo with 11.5 per cent annual growth in prime office rents in Q3 2026, while Delhi-NCR and Mumbai recorded gains of 5.4 per cent and 4 per cent

73% banks see H2FY27 non-food credit growth above 14%: Ficci-IBA survey

The 22nd Ficci-IBA Bankers' Survey shows 96 per cent of respondents expect non-food credit growth of at least 12 per cent, with private banks expressing the strongest optimism

Credit card spending falls 5.9% in September, first decline since 2021

Spending drops 5.9% in Sep to Rs 2.04 trillion against a high year-ago base

Centre cuts MRPs for trade-margin-capped cancer meds by up to 93%

Major innovator brands see no price reductions despite cuts of up to 93 per cent for some cancer medicines; patient groups say PAP exclusions and data gaps have diluted relief

DPR for proposed Tuticorin Shipyard in six months: Sarbananda Sonowal

The proposed shipyard, backed by a nearly $4 billion investment from South Korea's HD Hyundai, is expected to become India's largest commercial shipyard once operational

SAT sets aside ₹1.49 crore MCX penalty on Ventura over invalid order

The tribunal has ordered MCX to refund Rs 1.76 crore to Ventura Securities after finding that a former committee member had signed the penalty order over a position-limit breach

Nifty IT index slips 4%; Infosys, TCS, Coforge tank up to 5%; here's why

Till Tuesday in October 2026, the Nifty IT index outperformed the market and rallied 12%, compared to 0.05% decline in the Nifty 50.

SpiceJet's domestic market share falls below Star Air for the first time

SpiceJet's domestic market share dropped to 0.6 per cent in September, below Star Air's 0.7 per cent, as overall passenger traffic declined 6.49 per cent year-on-year, DGCA data showed

Healthy diet unaffordable for 36% of Indians in 2025, says KPMG report

The report says nearly 520.1 million people could not afford a healthy diet in 2025, highlighting gaps in nutrition security despite food production exceeding dietary requirements

Motilal Oswal sector of the week: Auto; TVS Motor, Bajaj Auto top picks

Motilal Oswal Wealth Management Research Desk remains constructive on the auto sector, while expecting volume growth to moderate from the elevated levels seen in 1HFY27.

Avg India oil prices hit 15-year high: Threaten OMC margins, strain Centre

The oil price surge is putting pressure on fuel retailers and government finances, raising concerns over inflation and a widening fiscal deficit

Coforge Q2 results: Net profit surges 56.5% to ₹588 cr, revenue up 53.6%

Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday. The IT firm had posted a net profit of Rs 375.8 crore in the same period a year ago. "Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused," Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings call. Coforge signed 8 large deals the highest number signed in a single quarter across North America, Europe and Australia, which led to a total contract value of the new orders of USD 1.04 billion during the reported quarter. The company increased the operational profit margin guidance to 17 per cent for the next year from the range of 15.5 per cent to 16 per cent. Revenue from operations during the reported quarter increased by 53.6 per cent to Rs 6,171 crore from Rs 4,016 crore a year

Whistleblower tipoffs on insider trading up sharply as Sebi gets 25 in FY26

Whistleblower reports rise as market expands, but experts call for greater transparency, stronger safeguards and wider coverage of violations

Domestic medtech industry backs DGHS ban on reuse of single-use devices

AIMED calls for stricter inspections, traceable disposal records and clear liability rules to protect patient safety

CDMO players bet on complex products such as biologics, peptides for growth

Next phase of growth hinges on biologics, peptides, and drug-device combinations, say industry executives

Leading NBFCs flag early signs of repayment stress in gold loan segment

Bajaj Finance and Piramal Finance flag early signs of stress in gold loans as rapid lending growth raises concerns over repayment delays, borrower leverage and defaults

Consumer durables demand mixed; prefer LG, Polycab India: Motilal Oswal

After a slow start during Ganesh Chaturthi, demand picked up in Navratri, with consumer durables sales growing 25-30% YoY, notes Motilal Oswal Wealth Management Research Desk.

Public-sector banks take returns lead; private banks hold valuation edge

Stronger margin trends lift state-owned lenders, but analysts see limited scope for a significant narrowing of the valuation gap

Retail auto sales rise on high base this Navratri, but cars see 14% drop

FADA data shows overall vehicle sales rose 2% in the first nine days of Navratri, but passenger vehicle sales fell 14% as last year's GST-led demand surge created a high base

Car inventory levels lower this festival season amid rising demand

The gap between car wholesales and retail registrations narrowed 45% Y-o-Y in September, as strong festive demand kept dealer inventories lower than last year despite increased dispatches.