IIFL Finance Profit Jumps 93% as Gold Loans Drive Growth and Asset Quality Improves

MUMBAI, India, Oct 16, 2026, ZEX PR WIRE — IIFL Finance reported a sharp increase in quarterly profit as growth in gold backed lending, improved operating efficiency and lower credit costs strengthened its financial performance. The results highlight the growing importance of secured retail lending for India's non banking financial companies as Read more

October 16, 2026|

IDBI Bank Sale to Fairfax Marks $5.6 Billion Foreign Investment Deal in India’s Banking Sector

MUMBAI, India, Oct 16, 2026, ZEX PR WIRE — India's planned sale of a majority stake in IDBI Bank to Canada's Fairfax Financial Holdings marks a major development for the country's banking industry, bringing a potential $5.6 billion foreign investment into the financial sector. The transaction would reduce government ownership in the Read more

October 16, 2026|

Alcoa Profit More Than Doubles as Higher Aluminum Prices and Production Boost Earnings

PITTSBURGH, Pennsylvania, Oct 16, 2026, ZEX PR WIRE — Alcoa reported a sharp increase in third quarter profit as stronger aluminum prices and improved production supported earnings, offering investors a positive signal for the industrial metals sector amid uncertainty over global economic growth and manufacturing demand. The aluminum producer reported net Read more

October 16, 2026|

Indian IT Stocks Post Biggest Weekly Gain in 18 Years as Earnings Restore Investor Confidence

MUMBAI, India, Oct 16, 2026, ZEX PR WIRE — Indian technology stocks recorded their strongest weekly performance in nearly 18 years on October 16, as better than expected quarterly results and renewed investor interest helped the sector recover from a prolonged period of weakness. The Nifty IT index climbed approximately 11.7% over Read more

October 16, 2026|

Tech Mahindra Shares Jump as Strong Revenue and Deal Wins Lift Indian IT Stocks

BENGALURU, India, Oct 16, 2026, ZEX PR WIRE — Tech Mahindra shares surged on October 16 after the Indian IT services company reported stronger than expected quarterly revenue, helping extend a broader rebound across the country's technology services sector. Investors responded positively to the company's performance and deal momentum, as the sector Read more

October 16, 2026|

Schneider Electric Raises 2026 Outlook as Data Centre Demand Supports Industrial Growth

RUEIL-MALMAISON, France, Oct 16, 2026, ZEX PR WIRE — Schneider Electric has raised its 2026 financial outlook for a second time, signalling continued demand for energy management and automation products as businesses invest in electrification, industrial efficiency and data centre infrastructure. The French industrial group lifted its targets for revenue and adjusted Read more

October 16, 2026|

Jeffrey MacBride Management Consulting Highlights Operational Discipline as a Foundation for Scalable Business Growth

Three visual charts explain how structured workflows, protected focus and continuous improvement can support more consistent project delivery Philadelphia, PA, Oct 16, 2026, ZEX PR WIRE — Jeffrey MacBride Management Consulting is highlighting the role of operational discipline in helping organizations manage growing complexity, strengthen project execution and build sustainable operating practices. Through three Read more

October 16, 2026|
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