Mphasis Ltd.

Indian IT services face a subdued Q1 FY27 amid global macro uncertainty & cautious discretionary spending. Equirus report highlights AI impact & company forecasts.

NCPEDP: India''s assistive technology market could reach Rs 95,000 crore by 2030. A National Assistive Technology Policy is crucial for inclusion & economic growth.

Mphasis reports a 3.3% increase in net profit to Rs 442.18 crore in Q3 FY26, with revenue up 12.3%. TCV wins hit USD 428 million.

Blackstone sells 9.5% stake in Mphasis for Rs 4,726 cr. HDFC, ICICI Prudential, and Kotak Mahindra MFs acquire 3.71% stake.

Mphasis reports Q2 net profit increase of 10.8% to Rs 469 crore, with revenue rising to Rs 3,902 crore. Strong TCV wins driven by AI focus.

Madhya Pradesh cabinet approves Rs 47,990 crore for health, infrastructure, women empowerment, and agricultural development, boosting state growth.

India''s kharif crop sowing gap narrowed to 1.82%, but paddy acreage still lags by 4.4%. Oilseeds saw a rise, while pulses and coarse cereals declined due to rainfall deficit.

Tata Capital CEO Rajiv Sabharwal states the company''s revolving credit exposure is below 5% and they are not much concerned by RBI''s proposed NBFC norms. They will submit feedback.

Industry chambers in West Bengal seek crucial reforms in land, incentives, and infrastructure ahead of the finalisation of the state''s new industrial policy.

JSW Dulux reports a 12.4% drop in Q1 FY27 net profit to Rs 79.7 cr. The board also approved a 1:10 stock split, pending shareholder approval.

AAIB is systematically collecting evidence for the Air India Phuket-Delhi flight incident where 20 passengers and 4 crew were injured due to sudden altitude variation.

Commerce Ministry & DGFT advise Indian exporters & banks to exercise heightened vigilance with Bhutanese firms Legoy Powersports & Druk A-Z Store due to unresolved trade disputes.

Vijay Singh resigns as trustee of Sir Ratan Tata Trust, not seeking renewal. Comes amid differences among trustees & Charity Commissioner''s ban on meetings.

Dish TV India reported a widened net loss of Rs 286.3 crore in Q1 FY27, up from Rs 94.53 crore last year, primarily due to a 40.9% fall in subscription revenue.

A Parliamentary Panel urges Indian Railways to implement zone-wise freight plans for low mining/industrial areas & address crew shortages to boost traffic & efficiency.