archived as published
Monday, 12 October · prices through NSE close
The Reserve Bank of India announced measures to stabilize the rupee's value, including tightening foreign exchange derivative norms and opening a special dollar window for three state-run oil marketing companies: Indian Oil Corporation Ltd, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd. The RBI will meet the entire daily dollar requirements of these companies through designated banks from October 12.
KEC International announced new orders worth Rs 1,030 crore across its transmission and distribution, renewables, and cables and conductors businesses. The orders include a 400 kV transmission line in Bhutan, a 380 kV transmission line in Saudi Arabia, a 300+ MW wind project in southern India, and a 765 kV transmission line for power evacuation from a pumped storage plant in western India, bringing year-to-date order intake above Rs 8,600 crore.
Bharti Airtel raised postpaid tariffs across-the-board by Rs 50 effective October 8, 2026, representing an increase of approximately 3% to 11% across plans. The revamped plans bundle one free international roaming trip every year.
Tata Consultancy Services posted consolidated net profit of Rs 13,884 crore for the July-September quarter, up 14.98% year-on-year and 4.01% sequentially. Revenue for the quarter reached Rs 73,188 crore, up 11.20% year-on-year, with AI revenue surpassing $3 billion and contributing approximately 10% of total revenue.
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