Deal or annihilation? Trump speaks about his ‘big’ Iran dilemma at UNGA

Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.

Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major. However, its revenue from operations rose slightly by 1.2 per cent to Rs 1.12 lakh crore in FY26, according to financial data accessed through the…

SK Hynix’s ADR rose 6% in premarket trading after announcing a buyback of 40 trillion won in treasury shares. The plan aims to distribute over 50% of free cash flow from 2025 to 2027 to shareholders, amid pressure for higher payouts following strong AI-driven profits.