• Bilkul Online
• 8:00 PM | 11 Nov –12 Nov 2026

National Business News Highlights

1. Indian Stock Markets Pause After Strong Rally; Foreign Inflows Remain Robust – The Sensex closed marginally higher at 81,911.01, while the Nifty 50 gained 0.18% to settle at 25,299.35. Foreign investors have pumped approximately $6.43 billion into Indian equities this month, supporting the market rally.

2. Tata Power Reports Strong Q2 Performance with 33% Profit Growth – Tata Power reported its highest-ever quarterly profit after tax of ₹1,652 crore for Q2 FY27, registering 33% year-on-year growth. Revenue increased 26% to ₹19,886 crore.

3. Bajaj Finance Opens ₹1 Billion-Plus Qualified Institutional Placement – Bajaj Finance opened its QIP issue to raise capital from institutional investors, fixing the floor price at ₹992.25 per equity share.

4. Public Sector Banks Edge Private Lenders in Q2 Profit Growth – Public sector banks recorded a 20% year-on-year increase in combined profits to ₹59,366 crore in Q2 FY27, marginally ahead of major private sector banks, which reported 19.8% growth to ₹53,629 crore.

5. Cupid Reports More Than Double Growth in Quarterly Net Profit – Cupid Limited posted consolidated net profit of ₹56.2 crore for Q2 FY27, compared with ₹24.1 crore in the corresponding quarter last year. Revenue increased to ₹188 crore from ₹84.4 crore.

6. Mishra Dhatu Nigam Posts 115% Jump in Q2 Net Profit – The defence and special-metals manufacturer reported a consolidated net profit of ₹27.8 crore, up 114.8% year-on-year. Revenue grew 41.1% to ₹295.9 crore.

7. Life Insurance Companies Report Healthy October Premium Growth – HDFC Life recorded 17.8% growth in total premiums, while LIC reported a 31.3% increase. SBI Life also registered 11.6% growth in total premiums.

8. ITC Raises Gold Flake Cigarette Pack Price by ₹10 – ITC increased the price of its Gold Flake RSFT 69 mm cigarette pack from ₹125 to ₹135, marking another price revision amid changing input costs and taxation pressures.

9. Over 400 Indian Companies Set to Announce Q2 Financial Results – The earnings calendar for November 12 included major companies such as Hindustan Aeronautics, Vodafone Idea, Hitachi Energy India, Oil India, IRCTC, Page Industries, NMDC and Alkem Laboratories.

10. Tata Power Approves ₹11,871 Crore Investment in Maharashtra Pumped Storage Project – The company approved a major investment for an 1,800 MW pumped storage project, strengthening its focus on energy storage and renewable power infrastructure.

International Business News Highlights

1. European Stock Markets Hit Record Highs on Strong Corporate Earnings – Europe’s STOXX 600 climbed to a fresh record, supported by robust third-quarter earnings, easing geopolitical concerns and lower energy prices. Germany’s DAX also touched a record high.

2. Global Technology Stocks Face Pressure Amid Nvidia Leadership Uncertainty – Concerns surrounding Nvidia’s leadership triggered volatility in global technology markets. The uncertainty also weighed on Asian chipmakers and AI-linked stocks as investors reassessed the sector’s outlook.

3. UK Economy Records Strongest Quarterly Growth Since Early 2024 – Britain’s economy expanded by 0.7% in the third quarter, supported partly by increased investment in artificial intelligence, marking its strongest quarterly growth since early 2024.

4. AI Market Correction Creates Better Terms for Convertible Bond Investors – The technology stock sell-off is improving conditions for convertible bond investors, with companies increasingly offering higher interest rates and lower conversion premiums to attract funding.

5. German Steelmaker Salzgitter Seeks Government Action Over High Electricity Costs – Salzgitter urged German and European authorities to address high industrial electricity prices, warning that energy costs are putting pressure on the competitiveness of European steel manufacturing.

💬 Quote of the Day

“The secret of change is to focus all of your energy not on fighting the old, but on building the new.”

— Socrates (attributed)

BILKUL BAZAAR – Bringing Business Closer to You.

Note: You can support us by sponsoring this column. Write at infobilkul@gmail.com Thank You