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PoliticsPhoto: TOI WorldAleksandar Vucic, Serbia's long-time leader, conceded defeat in the parliamentary elections as a student-backed opposition movement won. Tens of thousands celebrated in the capital, Belgrade, flooding the streets and halting traffic on Sunday night.
TOI World··Belgrade
BusinessPhoto: Mint MarketsInfosys has reduced its FY27 constant-currency revenue growth forecast to 1-2%, down from earlier estimates of 1.5-3% and 1.5-3.5%. The company cited a shift toward offshore delivery and exiting a deal as factors that could reduce growth by 1.8-2%. These updates were shared during its Q2FY27 results announcement.
Mint Markets·
EntertainmentPhoto: TOI EntertainmentThe film Ramayana: Rise of a Legend, starring Ranbir Kapoor and Yash and directed by Nitesh Tiwari, has seen impressive advance bookings with around 2.16 lakh tickets sold across 161 cities. Maharashtra, especially Mumbai, leads in ticket sales and revenue. The Hindi version, particularly in 3D format, accounts for most advance sales.
TOI Entertainment··Mumbai
BusinessPhoto: Hindu BusinessThe Securities and Exchange Board of India (SEBI) has permitted equity funds, including large-cap active funds, to invest up to 35% of their residual portfolio in non-equity assets. Large-cap funds must still invest at least 80% in large-cap stocks, but can allocate the remaining portion to mid-cap, small-cap, or non-equity investments. This regulation impacts the composition and risk profile of core portfolios.
Hindu Business·
PoliticsPhoto: Hindu WorldLula da Silva won Brazil's presidential election with 51.75% of the vote, defeating Flavio Bolsonaro, son of former far-right President Jair Bolsonaro, who received 48.25%. Despite Flavio Bolsonaro's confidence from leading in polls before election day, Lula secured a narrow victory according to official results.
Hindu World·
BusinessPhoto: ET MarketsIndia's equity valuations have fallen to their lowest in six years following recent market declines driven by foreign selling, a weaker rupee, and rising crude prices. Despite this drop, the MSCI India Index still trades at a premium compared to other emerging markets, causing overseas investors to remain cautious about investing in Indian equities.
ET Markets·
TOI World··Belgrade
Photo: TOI WorldAleksandar Vucic, Serbia's long-time leader, conceded defeat in the parliamentary elections as a student-backed opposition movement won. Tens of thousands celebrated in the capital, Belgrade, flooding the streets and halting traffic on Sunday night.
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