Business
HAL shares jump over 6%, extend gains for second straight session. What did its annual report reveal?
According to the company’s annual report released on Tuesday, HAL’s order book stood at a staggering Rs 2.55 lakh crore for FY26. The outlook for FY27 and beyond remains positive, with the company noting that its strong order book provides 7-8 years of revenue visibility.
HAL expects growth to improve through better supply chain stabilisation, capacity expansion, including significant infrastructure investments, and faster production ramp-up of key platforms, the company said in its annual report released on August 4.
Also read: Defence stocks rally on strong order books and rising exports: Are they still worth buying?
HAL key focus areas
Hindustan Aeronautics outlined its key priorities for the coming years, including increasing LCA Mk1A production to more than 24 aircraft annually and accelerating the manufacturing of the HTT-40 trainer aircraft.
The company also plans to expand its presence in the civil aviation and export markets while raising indigenisation levels to over 65-75% across its major platforms. HAL said it will continue to invest in digital transformation, artificial intelligence, and research and development for future programmes such as the IMRH, LCA Mk2, CATS, HLFT, and UAVs.
HAL FY27 outlook
The company said it is well positioned to benefit from opportunities across aircraft, helicopters, aero engines, avionics, and maintenance, repair and overhaul (MRO) projects. It added that the execution of ongoing programmes, along with expected orders for fighter aircraft, rotary-wing platforms, and upgrade projects, is likely to provide strong medium- to long-term revenue visibility.HAL said these initiatives are expected to support its long-term growth, strengthen its role in India’s aerospace and defence ecosystem, and improve its competitiveness in global markets.
Last month, the company announced that it had signed a long-term agreement with Safran Aircraft Engines for the production and supply of turbine ring forgings made from superalloys for the ‘CFM LEAP’ engine programme.
Read more: Why a Rs 72,000 crore fund manager refuses to chase defence rally now
Under the agreement, HAL will manufacture near-net-shape ring forgings for the Leading Edge Aviation Propulsion (LEAP) engine at its state-of-the-art Ring Rolling facility at HAL’s Foundry and Forge Division in Bengaluru.
These superalloy ring forgings are used in high-temperature applications in the rotating section of the aero-engine and are critical to engine performance and reliability, the company said in a release.
HAL share price performance
HAL stock has gained nearly 20% in the last six months and about 10% since the beginning of the year. Over a three-year period, the stock price has risen more than 150%, while it has surged around 800% over the last five years.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
NICE Ltd. 2026 Q2 – Results – Earnings Call Presentation (NASDAQ:NICE) 2026-08-06
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Which American Pop Stars Have Weighed In on BTS’s Grammy Boycott So Far This Summer Amid Growing Support
BTS’s decision to withdraw from consideration at the 2027 Grammy Awards has generated a wave of commentary since the K-pop group announced its withdrawal on July 29, but a closer look at who has actually spoken out reveals that the loudest voices so far have come primarily from within the K-pop world and the broader Asian entertainment community, rather than from mainstream American pop stars.
BTS’s seven members posted identical statements to their individual Instagram accounts announcing they would not submit music for consideration at the 69th Grammy Awards, set for Feb. 7, 2027, saying they hoped their music could be heard and loved for what it is rather than divided by region or language. The statement was widely interpreted as a response to the Recording Academy’s June 16 announcement of a new Best Asian Pop Music Performance category, which critics argue effectively walls K-pop off from the ceremony’s marquee general-field categories like Album of the Year.
Who Has Actually Spoken Out
Among the most visible reactions has come from Tablo, frontman of the Korean hip-hop group Epik High, who shared a story from BTS leader RM’s Instagram and added the message “ARIRANG > Grammys,” referencing the title of BTS’s new album. Bang Yong-guk, of the K-pop group B.A.P, similarly shared a news story about the boycott with his followers, as did Korean American actor Daniel Dae Kim, who also hosts CNN’s “K-Everything” series. Maggie Kang, the Korean Canadian co-director of Netflix’s animated hit “KPop Demon Hunters,” shared a news article about the boycott online along with a clapping emoji.
Beyond individual artists, American academics and music industry observers have offered some of the more pointed public commentary. Matthew Pellegrino, a music teacher at NYU Steinhardt and a K-pop expert, told CNN that the new Asian pop category, while framed with good intentions, effectively places Asian artists into a separate category that makes them unequal to mainstream American pop artists. Separately, a fan and observer named David Scragg told CNN he was disappointed and a little confused when he heard the Grammys planned to launch an Asian music category, saying he felt it functioned as a way to keep BTS out of the more prestigious main categories.
Notably Quiet: Mainstream American Pop Stars
Despite the volume of online commentary surrounding the boycott, a review of major entertainment coverage as of early August shows that few, if any, top-tier American pop stars, artists like Taylor Swift, Ariana Grande, Olivia Rodrigo, Doja Cat or Halsey, have issued direct, on-record statements specifically addressing BTS’s 2026 Grammy withdrawal. That relative silence stands in contrast to the amount of attention the story has received across entertainment media and social platforms, and several outlets covering the controversy have noted that celebrity reaction videos and social media roundups have circulated widely online even where the underlying substance of any individual celebrity’s comments remains difficult to verify.
A History of Crossover Between BTS and American Pop
The absence of major American pop star commentary this time around is notable given BTS’s extensive history of collaboration with, and support from, artists in the American pop mainstream. Halsey featured on BTS’s 2019 hit “Boy With Luv,” and the group’s Grammy nomination history includes featured credits alongside Coldplay for the 2022 song “My Universe.” At the 64th Annual Grammy Awards in 2022, BTS shared the stage with Olivia Rodrigo during a widely discussed live performance moment, and the band’s nominations that year came in categories that included Justin Bieber and Benny Blanco, Coldplay, and Tony Bennett and Lady Gaga as fellow nominees.
Other Artists Have Boycotted the Grammys Before, for Different Reasons
While direct comment on BTS’s specific situation from major American pop stars has been limited, the broader history of artists criticizing or boycotting the Grammys offers useful context for how the industry has previously responded to similar disputes. The Weeknd publicly boycotted the ceremony for several years after his 2020 album “After Hours” received no nominations, before ending his boycott in 2025 to perform at the show. Zayn Malik criticized the Grammys’ nomination process directly on social media in 2021, saying the system allowed favoritism, racism and networking politics to influence voting outcomes. Halsey spoke out the same year after her album “Manic” was not nominated, saying on social media that she and The Weeknd deserved better and describing what she characterized as an opaque nomination process built on relationships and favor-trading. Nicki Minaj has separately criticized the Academy for placing her song “Super Freaky Girl” in a pop category rather than a rap category, arguing it reduced her chances of winning.
The Recording Academy’s Response
Recording Academy CEO Harvey Mason Jr. addressed BTS’s decision directly, saying in a statement that he was saddened to hear the group had chosen not to participate in this year’s Grammy process, while adding that he understood and respected the decision as a fellow music creator. Mason has said the new Asian pop category was created to celebrate the depth, diversity and extraordinary growth of pop artistry coming out of Asia, and has separately noted that submitting music in a genre category does not exclude an artist from also being considered in the ceremony’s general field, which includes Album of the Year, Record of the Year and Song of the Year.
With submissions for Best Asian Pop Music Performance and other Grammy categories remaining open through Aug. 28, and nominees not expected until mid-November, there remains a window in which additional artists, American or otherwise, could weigh in publicly on the controversy. For now, the most substantive reactions have come from within the K-pop community, Asian American entertainment figures, and academic observers rather than from the mainstream American pop stars whose past collaborations and shared awards-show history with BTS might otherwise have made them a natural source of public commentary on the group’s decision.
Business
Earnings call transcript: Swisscom posts stronger cash flow in Q2 2026

Earnings call transcript: Swisscom posts stronger cash flow in Q2 2026
Business
Convatec director Hestler joins Hikma Pharmaceuticals board

Convatec director Hestler joins Hikma Pharmaceuticals board
Business
GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round
The pre-IPO placement round saw participation from Matyas Possessiones, in which the company’s promoter Sunu Mathews holds 99% stake, as well as Singapore-based wealth fund GIC’s subsidiary Gamnat Pte Ltd. Leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) also participated in the pre-IPO round.
Gamnat Pte Ltd was allocated 17,610,000 equity shares of the company on August 3, 2026, for Rs 159 per equity share, each aggregating to Rs 279.99 crore.
Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd was allotted 3,144,600 equity shares each at Rs 159 per equity share each aggregating to Rs 49.99 crore. Matyas Possessiones Private Limited was allotted 1,446,500 shares each at Rs 159 per equity share each aggregating to Rs 22.99 crore.
KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for general corporate purposes.
JM Financial Ltd. is serving as the book-running lead manager for the IPO, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar for the issue.
Backed by KKR, supported by a diversified customer base, and benefiting from rising demand for efficient logistics infrastructure, LEAP India’s IPO is expected to draw attention from investors seeking exposure to India’s growing logistics and supply chain market.
Business
Bloomin’ Brands, Inc. 2026 Q2 – Results – Earnings Call Presentation (NASDAQ:BLMN) 2026-08-06
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Roth/MKM downgrades Barrett Business Services stock rating on margin pressure

Roth/MKM downgrades Barrett Business Services stock rating on margin pressure
Business
Allcargo Logistics shares rally 15% after Q1 profit jumps 258% YoY to Rs 31 crore
According to a regulatory filing with the BSE, the logistics provider reported its highest-ever quarterly revenue across both its Express Distribution and Contract Logistics businesses, supported by pricing stability and healthy volume growth.
The Express Distribution business posted 13.5% year-on-year revenue growth in Q1FY27, driven by improved operational performance and enhanced service quality. Meanwhile, the Contract Logistics business recorded 6% year-on-year revenue growth during the June quarter, supported by efficiency-led growth, 99% service quality adherence, a strong customer retention rate, expansion across diverse industry sectors, and new business opportunities.
Managing Director and CEO Ketan Kulkarni said the Q1FY27 performance reflects the strength of disciplined execution across the company’s businesses.
“Beyond achieving our highest-ever quarterly revenue in both Express Distribution and Contract Logistics, what is particularly encouraging is that this growth has been driven by a healthy combination of higher shipment volumes, stronger customer relationships and sustained operational improvements,” he said.
Kulkarni added that the company’s service equation-led pricing approach improved yields during the quarter, while over 99% service quality adherence resulted in a strong customer retention rate.
He also said the company is progressively leveraging AI-driven analytics and data-led decision-making to enhance demand forecasting, optimise network planning, improve shipment visibility, and enable faster, more informed operational decisions across its logistics network.Building on the momentum achieved during the first quarter, Allcargo Logistics expects business activity to strengthen further in the second and third quarters, particularly during the upcoming festive season, according to the BSE filing.
“Continuous network optimisation, improved routing efficiencies, disciplined cost management and better asset utilisation have strengthened our operating leverage and profitability. Going forward, we will continue to accelerate the use of AI, digital technologies and data intelligence across our operations and build a more agile and resilient supply chain,” Kulkarni added.
The company said it remains focused on sustaining profitable growth through disciplined pricing, superior customer experience, operational excellence and deeper market penetration across both its Express Distribution and Contract Logistics businesses, while maintaining a prudent growth strategy.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)
Business
Standex International: Strong Fundamentals, Premium Valuation (NYSE:SXI)
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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Why is SBM Offshore stock rallying today?

Why is SBM Offshore stock rallying today?
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