CARE Ratings Limited has announced a board meeting to consider the financial results for the quarter and half-year. Separately, Muthoot Microfin Limited is inviting asset reconstruction companies to express interest in purchasing a stressed loan portfolio worth Rs. 351.36 Cr, with a reserve price of Rs. 123 Cr. The sale will be on an “as is, where is” basis, and the company may sell the assets wholly or in parts. Prospective bidders can conduct due diligence after signing an NDA. Evaluation and final approval rest with Muthoot Microfin.
Tata Motors’ UK subsidiary Jaguar Land Rover (JLR) has revised its FY26 EBIT margin guidance down to 5–7%, citing tariff pressures, EV transition costs, and weak demand especially in China. Free cash flow is expected near zero in FY26 after previous strong years, with recovery anticipated only in FY27-28. The sizeable US import tariff and inventory issues continue to challenge volumes and margins. Brokerages have trimmed earnings forecasts, expecting a 25–30% earnings decline in FY26, though the upcoming Range Rover EV launch could be a catalyst.
The Reserve Bank of India has allowed State Development Loans (SDLs) to use the STRIPS mechanism, which separates interest and principal into zero-coupon securities. STRIPS suit long-term investors seeking predictable, single maturity payouts, avoiding reinvestment risk. SDL-based STRIPS offer slightly higher yields than central government securities but have lower liquidity and higher interest rate sensitivity. They are recommended primarily for liability matching over a long horizon, not for regular income or tactical trades.