Kaynes Technology India shares tumbled nearly 25% in three days following a weaker-than-expected Q4 performance and a downgrade by Elara Securities. The company missed key FY26 guidance metrics, including revenue and operating cash flow. While FY27 growth targets were lowered, the firm anticipates future revenue contributions from its OSAT plant.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend