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BHEL shares fall 6% after Rs 4,422 crore OFS opens for subscription

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BHEL shares fall 6% after Rs 4,422 crore OFS opens for subscription
Shares of PSU Bharat Heavy Electricals (BHEL) fell around 5% to Rs 259.3 on Wednesday morning after the government launched an Offer for Sale (OFS) to sell up to 5% stake in the company to raise around Rs 4,422 crore. The floor price for the OFS has been fixed at Rs 254 per share, which is at a discount of 8% to Tuesday’s closing price of Rs 276.05.

Under the offer, the Centre will first sell a 3% stake, with an option to sell an additional 2% if the issue is oversubscribed.

The offer opened for subscription on Wednesday for non-retail investors, while retail investors can place their bids on Thursday.

If fully subscribed at the floor price, the sale of 17.41 crore shares, or 5% stake, would fetch the government Rs 4,422 crore.

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The base issue size comprises over 10.44 crore shares, or 3% stake, in BHEL, plus a greenshoe option to sell over 6.96 crore shares or 2%.


The government holds 63.17% in BHEL.
So far in the current fiscal year, the government has raised Rs 8,768 crore through PSU disinvestments.Sensex, Nifty today: Catch all the LIVE stock market action here

BHEL reported a sharp turnaround in its December-quarter performance, with net profit more than tripling on the back of higher execution and operating leverage. The state-owned engineering major posted a net profit of Rs 382 crore for the third quarter ended December 2025, compared with Rs 125 crore in the same period last year, marking a 206% year-on-year jump.

Revenue from operations rose 16% YoY to Rs 8,473 crore from Rs 7,277 crore a year earlier, reflecting improved project execution and a stronger order pipeline. Total income for the quarter, including other income, stood at Rs 8,700 crore, up from Rs 7,393 crore in the year-ago period.

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Multiplex likely to build Blackburne’s $350m Karrinyup project

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Multiplex likely to build Blackburne’s $350m Karrinyup project

The luxury apartment development looks to be finally going ahead, following its approval three and a half years ago.

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Barratt Redrow HY26 presentation: Completions up 4.7%, margins under pressure

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Barratt Redrow HY26 presentation: Completions up 4.7%, margins under pressure


Barratt Redrow HY26 presentation: Completions up 4.7%, margins under pressure

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Children bombarded with weight loss drug ads online, says commissioner

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Children bombarded with weight loss drug ads online, says commissioner

The Children’s Commissioner suggested social media advertising for children should be banned.

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What’s driving Northern Ireland’s falling fuel costs?

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What's driving Northern Ireland's falling fuel costs?

“Locally, the prices are very much linked to geopolitical instability, they’re linked to supply and demand at global level… and money markets, currency exchange rates, which again there’s no ability for people in Northern Ireland to control,” explained Smyth.

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How to Choose Your Forex Broker? A 2026 Guide for UK Investors

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Stock,Market,Or,Forex,Trading,Graph,And,Candlestick,Chart,Suitable

In the vast and often turbulent ocean of the financial markets, your broker is your vessel. Choose a sturdy, well-equipped ship, and you can navigate through economic storms to reach your destination.

Choose a leaky raft, and you may find yourself sinking before you even leave the harbor. As we settle into 2026, the retail forex industry has become more competitive than ever. Hundreds of brokers are vying for your attention with flashy advertisements and promises of low spreads. However, for the serious investor, the decision must be based on rigorous due diligence rather than marketing hype. Whether you are a seasoned trader looking to switch providers or a novice taking your first steps, selecting the right partner is the single most critical decision you will make. This guide breaks down the essential criteria for choosing a broker that aligns with your financial goals and risk appetite.

1. Regulation and Safety of Funds

The first rule of trading is preservation of capital. Before you even look at spreads or trading platforms, you must verify the broker’s regulatory status. In 2026, the distinction between regulated and unregulated entities is stark.

The Importance of Tier-1 Licenses

A reputable broker will always be authorized by a top-tier regulatory body. In the UK, this is the Financial Conduct Authority (FCA). Other respected regulators include ASIC (Australia) and CySEC (Cyprus). These bodies enforce strict standards, such as segregating client funds from the company’s operating capital. According to Wikipedia, regulatory oversight is the primary defense against fraud in the retail forex market, ensuring that brokers adhere to fair practices and maintain sufficient capital reserves.

Negative Balance Protection

Ensure your broker offers negative balance protection. This feature guarantees that you cannot lose more than your initial deposit. In a market known for its volatility, where gaps can occur over the weekend, this safety net is indispensable for managing your long-term financial health.

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2. Trading Costs and Transparency

Every pip counts. Over the course of a year, the difference between a 1-pip spread and a 2-pip spread can amount to thousands of pounds in transaction costs. However, low costs should not come at the expense of execution quality.

Spreads vs. Commissions

Brokers generally operate on two models:

  • Commission-Free: You pay no separate fee, but the cost is built into a slightly wider spread.
  • Raw Spread/ECN: You get spreads as low as 0.0 pips but pay a fixed commission per lot traded. For high-volume traders and scalpers, the raw spread model often proves cheaper. A leading forex broker will be transparent about these costs, displaying them clearly on their website rather than hiding them in the fine print.

Hidden Fees

Be wary of non-trading fees. Some brokers charge for withdrawals, inactivity, or even currency conversion. Always check the “banking” or “funding” section of the broker’s site to ensure you won’t be penalized for moving your own money.

3. Execution Speed and Infrastructure

In 2026, technology is the great equalizer. The speed at which your order travels from your terminal to the market can determine whether you make a profit or suffer “slippage” (getting filled at a worse price than expected).

Dealing Desk (DD) vs. No Dealing Desk (NDD)

  • Market Makers (DD): These brokers take the other side of your trade. While they offer stable spreads, there is an inherent conflict of interest.
  • NDD/STP Brokers: These brokers route your orders directly to liquidity providers (banks, hedge funds). This model is generally preferred by professional traders as it ensures transparency and faster execution without human intervention.

Platform Stability

Does the broker offer industry-standard platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader? Proprietary platforms can be good, but they often lack the advanced customizability of established software. Ensure the platform has a track record of stability during high-impact news events.

4. Range of Markets and Instruments

While your primary focus might be forex, a diversified portfolio is key to risk management. The best brokers in 2026 act as multi-asset gateways.

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Beyond Currency Pairs

Look for a broker that offers access to:

  • Commodities: Gold, Silver, Oil.
  • Indices: S&P 500, FTSE 100, DAX.
  • Shares: Access to global equities. Having all these assets under one roof allows you to hedge your positions. For example, if the USD weakens, you might want to long Gold. Being able to do this instantly on the same account is a massive logistical advantage.

5. Customer Support and Education

Even the best technology fails occasionally, and you will eventually have a question. When that happens, you need immediate answers.

24/7 Availability

The forex market runs 24/5, and crypto markets run 24/7. Your broker’s support should match these hours. Test their live chat before you sign up. Do they answer in seconds, or are you stuck in a queue?

Educational Resources

A broker invested in your success will provide educational tools. Look for webinars, daily market analysis, and tutorials. Furthermore, understanding risk and return is fundamental to your survival in the markets; a good broker will provide resources that help you grasp these concepts rather than just encouraging you to trade blindly.

Conclusion: Making the Final Call

Choosing a forex broker is not a decision to be rushed. It requires balancing cost, safety, and technological capability. By focusing on regulated entities that offer transparent pricing and NDD execution, you set a solid foundation for your trading career. Remember, the goal is not just to find a place to trade, but to find a partner that facilitates your growth as an investor. Take your time, test their demo accounts, and ensure they meet the high standards required for trading in 2026.

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Siemens Energy AG 2026 Q1 – Results – Earnings Call Presentation (OTCMKTS:SMNEY) 2026-02-11

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

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

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Clear Channel Outdoor to be Acquired by Mubadala

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Clear Channel Outdoor to be Acquired by Mubadala

Out-of-home advertising company Clear Channel Outdoor Holdings agreed to be sold to Mubadala Capital, in partnership with TWG Global, in a deal with a $6.2 billion enterprise value.

The transaction is worth $2.43 a share. Clear Channel shares closed at $2.19 on Monday and rose 5% after hours. The company said the deal provides a 71% premium to the unaffected share price of Oct. 16, the last trading day before media reports about a potential deal.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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The Evolution of Online Casino Gaming and Its Impact on Digital Business Strategies

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Let me start with this: most bias isn’t loud. It doesn’t storm into the room or make a scene. It’s subtle. It hides behind compliments, casual comments, and unspoken assumptions. And that’s exactly why we need to prioritise talking about it. In today’s workplaces, many of us genuinely want to be inclusive. We pride ourselves on being

The online casino industry has experienced remarkable growth, influencing digital business strategies globally. Technological advancements have been pivotal in driving these changes, with innovations such as AI and VR at the forefront. Businesses are adapting to these developments, integrating them into broader digital strategies to maintain competitiveness.

The rapid expansion of the online casino industry has significantly impacted digital business strategies. As these platforms continue to grow, they are incorporating cutting-edge technologies to enhance their offerings and improve user engagement. Platforms that are on the rise, like Admiral Casino, exemplify how the industry is leveraging technology to remain competitive. This article explores the technological innovations driving this sector forward and how they are reshaping the way businesses approach digital strategy.

Technological Innovations Driving the Sector Forward

The online casino industry has embraced various technological advancements that have transformed the way it operates. Artificial Intelligence (AI) is one of the most significant technologies currently being employed. AI algorithms help in personalising user experiences by analysing player behaviour and preferences, which allows platforms to tailor content and recommendations effectively. Additionally, AI assists in fraud detection and maintaining security, ensuring a safe environment for players.

Virtual Reality (VR) is another technology making waves in online casinos. VR provides an immersive experience, allowing users to feel as if they are inside a physical casino from the comfort of their own homes. This innovation enhances user engagement and offers a unique gaming experience. Blockchain technology also plays a pivotal role by ensuring transparent and secure transactions. These technologies collectively ensure that online casinos can provide innovative solutions to attract and retain users.

Enhancing User Engagement Through Personalisation

User engagement is critical for the success of online casinos, and personalisation plays a significant role in achieving this. By using data analytics, platforms can deliver customised experiences that cater to individual preferences. This tailored approach helps in keeping players engaged and encourages longer interaction with the platform. Gamification elements, such as reward systems and leaderboards, further boost engagement by providing users with a sense of achievement.

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Online casinos also focus on creating interactive interfaces that enhance the gaming experience. By employing high-quality graphics and sound effects, platforms aim to replicate the atmosphere of a real casino as closely as possible. The inclusion of live dealer games brings an additional layer of authenticity, allowing players to interact with real dealers through video streaming. These strategies not only attract new players but also encourage existing ones to return for more engaging experiences.

Strategies for Expanding Market Reach and Demographics

To expand their market reach, online casinos employ diverse strategies aimed at attracting various demographics. One such approach is localising content to cater to different cultural preferences and languages. By offering games in multiple languages and tailoring themes according to regional tastes, casinos can appeal to a broader audience. Additionally, implementing marketing campaigns through social media platforms helps target specific demographics effectively.

Mobile compatibility is another crucial factor in reaching wider audiences. As mobile devices become increasingly prevalent, ensuring seamless access across all platforms is vital for attracting users who prefer gaming on-the-go. Collaborations with influential personalities or partnerships with other digital services also help in expanding market reach. These strategies highlight how online casinos adapt their approaches to remain relevant in an ever-evolving digital landscape.

The Future Impact on Broader Digital Strategies

The influence of online casino gaming extends beyond its immediate industry, impacting broader digital business strategies as well. Companies across various sectors are learning from these innovations by integrating similar technologies into their operations. The focus on user engagement through personalisation and gamification offers valuable insights for businesses looking to enhance customer interaction.

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As technology continues to evolve, businesses must remain adaptable to keep pace with these changes. The lessons learned from the online casino industry can serve as a blueprint for future digital strategies across different sectors. With ongoing advancements in AI, VR and blockchain, the landscape will continue to transform, presenting new opportunities for innovation and growth.

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Narrow market sees select stocks shine as broader earnings remain muted: Rohit Srivastava

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Narrow market sees select stocks shine as broader earnings remain muted: Rohit Srivastava
The ongoing earnings season is underscoring the increasingly selective nature of the Indian equity market, with only a handful of stocks delivering standout performances while broader indices struggle to gain meaningful traction.

Speaking on ET Now, Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts pointed out that the current phase is marked by a narrow leadership, where isolated pockets of strength are driving gains rather than a broad-based rally.

“So, this is a very-very narrow market. We are seeing few pockets where you are getting growth. If you look at the total earning season for the quarter, it has not been that great for the Nifty 50, but M&M and earlier State Bank have been the ones that have surprised or at least done better and that is why you are seeing these stocks make new highs. But it is not an across the board event that we are seeing, so therefore it is very-very stock specific and it is not even like the entire sector doing that, so yes, M&M has done fine, but we will watch the next few days how it aligns with the sector.”

Mahindra & Mahindra’s performance, along with earlier strength in State Bank of India, has helped these counters touch new highs, even as much of the market remains under pressure. However, Srivastava cautioned that such moves should not be mistaken for a broader sectoral or market-wide uptrend.

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On the outlook for other opportunities, Srivastava said the current environment calls for a more cautious and tactical approach, with investors needing to be highly selective.


“So, we are playing it very-very cautiously. If I have to look for value, it will come in very-very vague segments of the market. For example, sugar is one of them where there is deep value but it has been an underperforming segment. But if somebody has to look for value, then I would have to look at places like that where nothing is happening.”
At the same time, he flagged continued weakness in certain areas, particularly technology stocks, where pressure may persist.“At the same time there are some very-very weak parts of the market that are still getting hammered, for example, technology, so that is where we have to completely avoid trying to buy the dip. In fact, there may be more opportunities for traders on the short side of the IT sector. So, very-very different approach that we are having to take in the type of market that we are in. We cannot always be bottom fishing. There are now a lot of opportunities on the short side as well.”

Overall, the message from the charts and earnings commentary is clear: the market is rewarding select stock-specific stories, while broad-based participation remains limited. For investors and traders alike, this environment may demand sharper stock selection, greater discipline, and a willingness to adapt strategies to both long and short opportunities.

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Collapsed real estate agency convicted over trust mismanagement

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Collapsed real estate agency convicted over trust mismanagement

Collapsed real estate firm Jim’s Realty Pty Ltd has been handed the largest ever fine imposed on a WA agency after it was found to have repeatedly embezzled clients’ funds.

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