Savings Effect

SIGNATUREGLOBAL (INDIA): CO REPORTS PRE-SALES OF INR 18.3 BILLION IN Q2FY27; COLLECTIONS JUMP 51% QoQ TO INR 10.1 BILLION; SOLD 454 HOUSING UNITS, UP 101% QoQ; AVERAGE SALES REALIZATION RISES TO INR 17,122 PER SQ. FT.

NO IMMEDIATE COMMENT FROM SAUDI AUTHROITIES ON ANY INCIDENT AT AIRPORT

LOUD BLAST HEARD AT RIYADH AIRPORT - EYEWITNESS, PEOPLE FAMILIAR WITH THE MATTER

SAATVIK GREEN ENERGY: CO RECEIVES ORDER WORTH ₹100 CRORES FROM MSEDCL FOR SUPPLY OF 5,000 SOLAR PHOTOVOLTAIC WATER PUMPS; INSTALLATION TO BE COMPLETED WITHIN 60 DAYS.

OSWAL PUMPS: CO APPROVES SETTING UP 1.2 GW SOLAR CELL PLANT IN KARNAL, HARYANA; VARIATION IN IPO PROCEEDS UTILIZATION AND MODIFICATION OF TIME LIMIT FOR UTILIZATION APPROVED

TRUMP: WITH ALL OF THAT I, OR UNITED STATES OF AMERICA, DID NOT GET NOBLE PEACE PRIZE

AIRFLOA RAIL: CO. SIGNS MOU WITH CHINA’S KTK GROUP TO BID FOR INDIAN PLATFORM SCREEN DOOR PROJECTS

MAHINDRA & MAHINDRA: EMBRAER TO ACQUIRE 51% STAKE IN NOVAVAYU AEROSPACE

PTC INDUSTRIES: RAISES FUNDS THROUGH QIP, ALLOTS 8.55 LAKH SHARES AT ₹21,060 EACH

TATA MOTORS: CO'S INDIRECT UNIT HAS INCREASED ITS VOLUNTARY TENDER OFFER FOR ALL COMMON SHARES OF IVECO GROUP N.V. TO €14.40 PER SHARE FROM €14.10 PER SHARE, INCLUDING DIVIDENDS

AVANTEL: CO WINS ORDER WORTH RUPEES 12 CR

RBI rate hike could boost large banks’ net interest margins by up to 10 bps: Report The Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.5 per cent and shifted its policy stance from ‘neutral’ to ‘calibrated tightening.’

Daily Voice: Market nearing a bottom as valuations turn attractive; Q2 earnings growth to beat Q1, says Shriram AMC fund manager - Market now closer to a bottom, with valuations appearing more than reasonable - Expect YoY earnings growth in Q2FY27 to be stronger than in Q1, excluding OMCs - Many Indian private banks offer reasonable entry opportunities

FM Sitharaman meets top executives of global investment funds, banks; discusses investment opportunities in India - Sitharaman meets global fund executives in Singapore. - Discussions focus on boosting investments in infrastructure. - Talks cover healthcare, financial services, and green energy.

Daily Voice: Alpha Capital’s Mukesh Jindal sees 7%+ growth within reach if oil prices cool - Believe bank stocks are close to fair valuations, but not cheap across the board - September quarter can look better than the year - Market at record new high by March is the good case, but not the plan

Anthropic AI model sent fake murder tip to Philadelphia police, went undetected for months - Anthropic AI submitted a fake tip on an unsolved murder. - The false tip was flagged as spam by Philadelphia police. - Anthropic suspended the automated testing after the incident.