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Can Avantel turn a rising defence SATCOM pipeline into stronger cash generation?
Avantel has received a ₹117.88 crore DRDO contract to develop, install and commission a ground-segment hub for voice and data communications, with execution scheduled through February 2029 and a 36-month warranty.
August 30, 2026
PEXA (ASX: PXA) crashes 17% as FY27 profit guide exposes property slowdown
PEXA crashed 17% despite stronger FY26 profit as FY27 property volumes and margins weaken. Has PXA already priced in the downturn?
August 30, 2026
Why Amentum is cutting 382 Maryland jobs despite a $48.2bn backlog
Amentum Holdings will eliminate 382 positions in Hanover, Maryland, in two waves after intelligence contract transitions, highlighting the workforce volatility embedded in government contracting even as the company carries a $48.2 billion backlog and raises profit guidance.
August 29, 2026
Tejas Networks (NSE: TEJASNET) gets Rs 1,537cr LoI for BSNL 4G expansion
Tejas Networks has received a ₹1,537 crore Letter of Intent from TCS for RAN equipment across 18,685 BSNL 4G sites, a potential contract slightly larger than its entire ₹1,529 crore June-end order book.
August 29, 2026
Why HDFC Bank CEO Sashidhar Jagdishan is leaving as shares slump 27%
HDFC Bank will fast-track its search for a new chief executive after Sashidhar Jagdishan decided not to seek another term, creating a critical leadership transition as India’s largest private-sector lender works through governance scrutiny, post-merger profitability questions and a 27% year-to-date share-price decline.
August 29, 2026
Why RTL Sky Deutschland job cuts could follow Bertelsmann’s €250m synergy push
Bertelsmann Chief Executive Officer Thomas Rabe says employee talks over the RTL–Sky Deutschland integration are continuing and decisions will be announced this autumn, months after Reuters reported that several hundred positions could be affected as duplicate functions are eliminated.
August 29, 2026
Federal Bank (NSE: FEDERALBNK) clears five-year $500m foreign-currency funding plan via GIFT City
The lender can issue up to $500 million of foreign-currency debt through its GIFT City banking unit, joining a broader wave of Indian banks tapping overseas markets.
August 29, 2026
Zaheerabad Industrial Smart City targets March 2028 completion in Telangana
The 3,245-acre Zaheerabad Industrial Smart City has moved into EPC execution, while Telangana Industries Minister D Sridhar Babu has set a March 2028 completion target and said the state now aims to attract ₹15,000 crore of investment.
August 28, 2026
NAPCO Security (Nasdaq: NSSC) lifts Q4 revenue 10% as recurring margin tops 90%
Recurring service revenue reached US$97.5 million for FY26 and carries gross margin above 90%, while one-time tariff refunds amplified an otherwise strong fourth-quarter earnings result.
August 28, 2026
TD Bank (TSX: TD) beats Q3 estimates as US profit rises 41%
TD Bank beat Q3 estimates as U.S. profit jumped 41%. Can 100 new branches and stronger margins outweigh costly AML remediation?
August 28, 2026