From KPIT Tech expecting its financial performance for the June quarter (Q1FY27) to fall short of earlier expectations to Kotak Mahindra Bank Ltd sign…
1/9KPIT Technologies | The company said it expects a weaker-than-anticipated performance in the first quarter of FY27, with revenue likely to decline by about 1% year-on-year. The company also expects EBITDA margin and net margin to decline sequentially during the quarter. Despite the muted start to the fiscal year, KPIT said it remains confident of a recovery in the second half of FY27, with strong sequential growth expected in the fourth quarter.
2/9L&T Technology Services(LTTS) | The company on Tuesday, June 30, launched Ainfonix 4.0, an artificial intelligence-powered platform designed to help process industry companies convert engineering documents and technical records into structured digital data.
3/9HDFC Life Insurance Company Ltd | Private insurer on Tuesday (June 30) said it has received an order from the Commissioner (Appeals), Thane, confirming a GST demand along with interest and penalty amounting to ₹132.7 crore.
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4/9Kotak Mahindra Bank Ltd | Private lender said it has signed a business transfer agreement worth about ₹281.7 crore in cash to acquire Deutsche Bank AG’s retail banking, private banking and wealth management business in India on a slump sale basis.
5/9Paras Defence and Space Technologies Ltd | Defence engineering company on Tuesday (June 30) said it has signed an intellectual property (IP) license agreement with Tandem Defense LLC, a wholly owned subsidiary of Autonomous Power Corporation (Powerus), for the Guardian-1 Interceptor technology.
6/9Prestige Estates Projects Ltd | The realty firm launched Phase 2 of Prestige Forest Hills at The Prestige City, Mulund, Mumbai, with an estimated gross development value (GDV) of ₹2,200 crore.
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7/9Auto stocks | Automobile stocks will be in focus on Wednesday as automobile manufacturers are set to report their monthly sales figures for June. According to estimates, passenger vehicle sales are expected to grow 26% year-on-year, while two-wheeler dispatches are seen rising 18%.
8/9Hexaware Technologies | The company has launched Tensai for Reasoning Ops, the first generally available operating stage of its Tensai Agentic ITOps platform, aimed at bringing agentic AI to enterprise IT operations.
9/9Zaggle Prepaid Ocean Services Ltd | Fintech firm on Tuesday, June 30, signed a five-year agreement with APAC Financial Services Private Ltd, a technology-led non-banking financial company (NBFC), to provide its enterprise software platforms.
