IndusInd Bank shares fall 1% as SFIO initiates probe into accounting discrepancies of Rs 2,600 crore

Shares of IndusInd Bank fell 1.2% to their intraday low of Rs 837.60 on the BSE on Friday, December 26, following fresh developments related to a probe by the Serious Fraud Investigation Office (SFIO). The bank announced that it has received a formal letter from SFIO requesting information in connection with an ongoing investigation into […]

IT’s worst year may be behind it: Viraj Gandhi sees a selective revival in 2026

Driven by stabilizing global interest rate dynamics and a gradual increase in enterprise technology budgets, Viraj Gandhi, CEO of SAMCO Mutual Fund, believes India’s IT stack is positioned for a moderate comeback in 2026. While the sector faced a challenging 2025 amid subdued discretionary spending, he expects improving deal traction, recovery in margins and normalizing […]