Jefferies expects reported ROE to remain around 1213% through FY2630E, supported by the company's distribution business, which contributes more than 60% of EBITDA and carries a 16%+ ROE profile.
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Torrent Power: The 3 GW Option Jefferies Has Left Out Of Its Forecast — Why It Matters
Anthropic Launches Claude Docs In Direct Challenge To Microsoft OfficeThe company's latest offering allows users to create, edit and collaborate on documents within Claude, with the new features rolling out first to Pro and Max subscribers over the coming weeks.
Global Chip Giants Commit To R&D, Talent Expansion At PM Modi's Semiconductor Roundtable: SourcesGlobal chipmakers signal plans to expand R&D and semiconductor talent in India as New Delhi pushes its next phase of ecosystem growth.
Jio Users To Get Access To Canva Pro For Free In Indian LanguagesUsers can claim access to Canva Pro or Canva Pro Lite through the MyJio app.
FSSAI Suspends Licence Of Syrup Maker Ganesh Food Products; Finds Cockroaches During Unit InspectionThe food regulator has suspended the FSSAI licence of Ganesh Products with immediate effect until further orders.
Mandaadi Box Office Collection Day 7: Soori Starrer Holds Its Ground In First WeekMandaadi has earned Rs 1.91 crore net across 3,050 shows on Day 7 so far. The film's India gross collection has reached Rs 61.03 crore, while its India net collection stands at Rs 52.16 crore.
Fake Paneer To Adulterated Butter: FDA Seizes Suspect Food Stock Worth Lakhs Amid Festive SeasonThe FDA arrested a total of three people with regards to the storage of prohibited food stock.
Air India's Consolidated Loss Widens To More Than Rs 22,000 Crore In FY26Air India's loss stood at more than SGD 3.56 billion (over Rs 26,700 crore) in the financial year ended March 2026.
7 Career Truths For An Uncertain Working LifeInsecurity, FOMO, career disappointments and AI-driven change are reshaping how professionals think about success, relevance and security. The answer lies in building capability, protecting integrity and creating a life that remains meaningful beyond the next promotion or job.
Adidas Layoffs: 50% Staff At India Tech Hub Shown The Doors, Says ReportAdidas has reportedly begun large-scale layoffs at its Gurgaon technology hub, with over 350 employees said to be affected.
MDR On UPI Risks Pushing India Back To A Cash Economy, Warns Retailers AssociationThe association called for a graded structure that separates debit-linked from credit-linked UPI transactions.
Paying Via RuPay On UPI? FinMin Says Any MDR Is Merchant's Burden, Not YoursAccording to DFS, any applicable MDR is borne by the merchant, not the customer.