FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26

Kalyan Jewellers reported an estimated 38% year-on-year growth in consolidated revenue for the first quarter of FY27, driven by strong demand in the domestic market and robust same-store sales despite the entire 28-day Adhik Maas period falling within the quarter. The India business grew by more than 38%, while same-store sales rose around 28%, underscoring…

The Supreme Court has protected the retiral and pensionary benefits of a retired municipal engineer whose claim of belonging to the Tokre Koli Scheduled Tribe was invalidated, while leaving the cancellation of his caste certificate undisturbed. A bench of Justices Aravind Kumar and Vipul M. Pancholi, in its 3 September 2026 judgment in Shirish Pandharinath…

The registry could bring several changes for policyholders, from putting all their insurance policies in one place and making health insurance portability easier to enabling product comparisons, simpler servicing and better visibility into agents and intermediaries

Shares of sugar companies including Balrampur Chini Mills, Dhampur Sugar, Dalmia Bharat, Shree Renuka and EID Parry rallied up to 8%, extending gains for a second session, after Indian sugar prices surged to Rs 4,400-4,800 per quintal, up 8-10% in the last month, marking a 7-year high. The rally comes amid a rapid surge in…

Retirees who could claim just ₹3 lakh as leave encashment tax exemption before 2023 may now have an opportunity to seek relief. The Income Tax Appellate Tribunal (ITAT), Chennai, said in a recent order that the enhanced ₹25 lakh exemption limit introduced on May 24, 2023 can be applied retrospectively. In an order dated June…

BSE’s trading activity eased after last week’s sharp rebound, though volumes remained well above the lows seen earlier this month, according to Nuvama Institutional Equities. BSE’s average daily premium turnover value (ADPTV) stood at Rs 21,300 crore, down 6.6% week-on-week, compared with a 4.6% decline for the industry. The figure was above Nuvama’s remaining FY27…