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KPIT Technologies slumps as company sees Q2 FY27 revenue on par with weak Q1
KPIT Technologies slumped 13.98% to Rs 577.70 after the company said it expects Q2 FY27 revenue to remain in a similar range as Q1 FY27, indicating that the near-term weakness in demand is likely to persist.
RBI announces measures to attract foreign capital
The Reserve Bank of India (RBI) has announced few measures in order to attract capital flow. Firstly, for government securities under the Fully Accessible Route (FAR), the central bank is expanding the universe of specified securities by including all new issuances of 15-, 30- and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are being removed. These measures along with the tax benefits provided by the government this morning should help attract foreign capital for government borrowing. Second, the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased. Further, the same facility is being extended to all individual Persons Resident Outside India (PROIs) at par with NRIs and OCIs. Third, a facility of concessional forex swap will be provided till 30th September 2026 to incentivize ECBs by PSUs.
GCC boom pushes Hyderabad office rents to all-time high, at par with Bengaluru
Hyderabad's office rentals hit a record high in Q1 2026, nearing Bengaluru's rates due to robust demand from global capability centers and large occupiers. This surge, coupled with no new completions, tightened availability and drove up average rents to Rs 92.2 per sq ft, with Madhapur seeing even higher rates.
Par Pacific Holdings stock hits all-time high at 66.9 USD - Investing.com India
Par Pacific Holdings stock hits all-time high at 66.9 USDInvesting.com India
Par Pacific Holdings stock hits all-time high at 48.41 USD - Investing.com India
Par Pacific Holdings stock hits all-time high at 48.41 USDInvesting.com India