Page 2 - Industry Report

Accenture beats Q4 revenue guidance, projects 3-6% growth for FY27

Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms

Sebi revamps document verification system to curb fake letters and notices

Recipients can verify the origin of Sebi letters and notices by entering details including the subject, now a mandatory field; the check does not authenticate their contents

CAFE-III norms to improve fuel efficiency, cut emissions: Auto industry

The Corporate Average Fuel Economy (CAFE-III) norms will provide a clear roadmap for improving fuel efficiency and reducing carbon emissions while offering manufacturers multiple technology pathways for compliance, the automobile industry said. The government has notified the third phase of CAFE norms for passenger vehicles, setting relatively softer efficiency targets for lighter cars and requiring greater fuel-efficiency improvements from heavier vehicles. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the framework provides clear predictability which will enable the auto industry plan investments and accelerate innovation, thereby, playing an important role in the country's journey towards Viksit Bharat in 2047. "CAFE III regulation lays down a structured road-map with aggressive annual targets for next 5-years for the auto industry along with a market-based compliance mechanism. This will not only ensure reduction of overall fuel consumption from

Domestic inflows propel smallcaps in H1FY27 despite September rout

Nifty 50 up 1.3%, Sensex 0.7% in April-September; Nifty Smallcap 250 index zooms 24.6%

HDFC Bank names ICICI Bank's V N Srivatsan as chief compliance officer

V N Srivatsan, who currently handles overseas banking compliance and data privacy at ICICI Bank, is proposed to join HDFC Bank on January 4, 2027, for a three-year term

MSME body calls for handholding, support as India signs more FTAs

Laghu Udyog Bharati says smaller firms need marketing, technology and export support to tap new markets and benefit from India's expanding network of free trade agreements

CAFE-3 fuel efficiency norms notified without carve-out for small cars

Car manufacturers will face revised emission targets from April 2027 as govt settles a long-running industry dispute

Eternal on radar as quick commerce regains momentum: Motilal Oswal

Motilal Oswal Wealth Management Research Desk is bullish on QC platforms in 2QFY27 with improving growth momentum, as competitive intensity moderates and demand benefits from festive seasonality.

Muted demand, higher oil prices to cloud paints sector outlook in near term

Dealer destocking, muted premium demand, rising crude-linked costs and sustained competitive intensity could keep near-term volume growth under pressure

Rural India's auto demand holds despite weak rains in August: Fada data

Two-wheeler production grew 15.2% overall as scooters, typically more urban-weighted, grew faster at 26.7% than motorcycles at 9.1% domestically, even as motorcycle exports rose 33.4%

Irdai commission caps may weigh on insurance fee income of banks, NBFCs

Lenders with multiple insurer tie-ups and incentive-led payouts could face a sharper impact, while L&T Finance is seen as the most exposed among NBFCs

H2FY27 hiring intent seen at 5.4%, e-commerce leads growth: Report

TeamLease says 60 per cent of employers plan to expand their workforce in H2 FY27, with e-commerce and technology start-ups recording the strongest outlook

India's consumer durables market may reach ₹30-32.5 trn by 2030: Report

India's consumer durables market is entering its next growth phase, with deeper localisation and global competitiveness shaping the road ahead

Goldman Sachs Acquire Stake In Lord's Mark industries Limited

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High crude leaves OMCs losing ₹530 crore a day on fuel sales: Icra

Underrecoveries reach Rs 8/litre on petrol and Rs 9/litre on diesel in September

Defence sector to offer sustained growth; HAL, BEL among top picks: Emkay

So far in 2026, the Nifty India Defence index has added 23 per cent, while it has grown 16 per cent in a year, according to data available on NSE.

Robust demand, stable pricing to keep diagnostics volumes strong in FY27

Brokerages expect diagnostic majors to sustain volume growth through FY27, aided by robust demand and stable pricing, though the recent stock rally may cap upside

Top 10 pharma firms sustain volume growth as smaller rivals struggle

The top 10 in August included Sun Pharma, Cipla, Abbott, Mankind Pharma, Torrent Pharmaceuticals, Alkem Laboratories, Intas Pharmaceuticals, Lupin, Zydus Lifesciences and Dr Reddy's Laboratories

Weak markets hit AMCs; PL Capital sees decent earnings recovery ahead

PL Capital said flows have shifted away from sectoral/thematic and large-cap funds towards flexi-cap, mid-cap, small-cap and multi-asset categories.

Steel price rally likely to lift earnings; MOFSL favours JSW, Tata Steel

MOFSL highlighted JSW Steel and Tata Steel as its top picks, noting that companies with stronger cost positions, captive raw materials and greater value-added exposure should be better positioned to d