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Eternal stock up 2%; Motilal Oswal retains buy for 31% upside
Motilal Oswal Financial Services has reiterated its 'Buy' rating on Eternal stock for a target price of ₹380, implying an upside of 31 per cent from its current price.
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
FPIs stage strong comeback in financials with record fortnightly inflows in 2026
Foreign investors bought Indian financials worth over fourteen thousand crore rupees. This marked their highest purchase in financials during the second half of June. Overseas investors became net buyers of Indian equities after significant earlier outflows. Global index rebalancing and value purchases boosted renewed investor appetite for financials. Financial services and infrastructure sectors are expected to remain favored by long-term investors.
Private banks write off nearly half of NPAs in FY26, outpace PSBs
"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."
Private banks write off nearly half of NPAs in FY26, outpace PSBs
"Private banks utilise these write-offs and provisioning buffers to proactively clean up their balance sheets, while public sector banks generally rely more heavily on aggregate long-term or systemic recovery," said Kuntal Sur, partner and leader for risk consulting, financial services and treasury, at PwC India. "Unsecured retail loans in general have shown deteriorations leading to higher write-offs."
Mission Re-search: Post-doctoral students to be retained in India
The Indian government is developing a plan to retain talented researchers. This initiative aims to offer stronger financial and academic incentives for postdoctoral scholars. The number of research positions will significantly increase over the next decade. Stipends will be enhanced to match international standards, attracting global talent. This strategy seeks to strengthen India's research and development ecosystem.
Mahindra bets on execution as global uncertainty becomes 'structural'
Mahindra Group views global uncertainty as a permanent business feature. The conglomerate will focus on faster execution and calibrated investments. This strategy aims to capitalize on volatility rather than waiting for stability. The group reported its strongest financial performance in FY26. Future investments will target new technologies and manufacturing expansion.
Future skills for kids: Why AI, financial literacy and communication are becoming essential for students
The world children are growing up in is changing at an unprecedented pace. New technologies are transforming the way people learn, work, and solve problems. Careers are evolving faster than ever, and the skills needed to succeed are expanding well beyond traditional academics.
Jindal Stainless appoints former Adani Energy executive Kunjal Mehta as CFO
Jindal Stainless, India's leading stainless steel maker, has appointed Kunjal Mehta, formerly of Adani Energy Solutions, as its new Chief Financial Officer, effective June 25. Mehta, a seasoned finance professional with extensive experience in corporate finance and value creation, is expected to bolster the company's financial strength and growth. Jindal Stainless is currently expanding its production capacity and global reach.
NSE IPO Roadshows Said To Begin July 17 Ahead Of Planned September Listing
Investor meetings are scheduled across key global financial centres as India's largest stock exchange prepares for its proposed public listing, sources say.
Nykaa up 3%, hits 52-wk high on upbeat Q1 forecast; brokerage maintains Buy
Nykaa stock surged 3% to ₹320 after the company said it expected around 30% YoY revenue growth in Q1FY27. JM Financial maintains 'Buy' rating on stock with a target price of ₹360.
Lenders temper Vi business plan, seek group's guarantor for massive loan
Lenders are prevailing upon the company to scale back its financial projections, while also demanding a corporate guarantee from another Aditya Birla Group firm, according to two people aware of the development.