34m ago
Brazil’s dry harvest weather pressures September ICE arabica, contract drops 3.79%
Favorable harvest weather in Brazil is expected to lift 2026/27 global coffee output to a record 189.7 million bags, up 6.0% year over year, with arabica production seen rising 12%. Brazil’s harvest progress was reported at 64% as of July 15, still behind 77% a year earlier, but the USDA attributes the outlook mainly to improved growing conditions in Brazil. September ICE arabica futures settled down 3.79% on Monday, reflecting expectations of looser supply.
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46m ago
Rubicon Research sets Aug 26, 2026 AGM vote on ₹1.50 final dividend and KIA Health Tech merger
Rubicon Research said it will hold its 27th Annual General Meeting on Aug. 26, 2026, seeking shareholder approval for a final dividend of ₹1.50 per equity share and the fast-track merger of its wholly owned unit KIA Health Tech Private Limited. The proposed payout is up from ₹0.02 per share a year earlier, with a total dividend estimated at about ₹25 crore, or 13.29% of standalone profit after tax. The company also plans to put the merger and other governance items to a vote at the meeting.
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Sebi exempts six Muthoot family trusts from open offer for indirect Muthoot Microfin stake acquisition
Sebi has exempted six Muthoot promoter family trusts from making an open offer tied to the proposed indirect acquisition of shares in Muthoot Microfin, allowing an internal restructuring to proceed. After the transactions, the trusts are set to collectively hold a 63.35 per cent stake and control in Muthoot Fincorp, which owns 50.21 per cent of Muthoot Microfin. The relief is linked to Muthoot Fincorp’s IPO plan approved by its board on May 16 and the need to meet minimum promoters’ contribution norms, according to Sebi’s order.
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arXiv preprint links 4,224 phishing contracts to 5,742 victim addresses and about $3.48 million in losses
A July 30 arXiv preprint describes a wallet-level phishing technique that abuses transaction simulation to display a small apparent gain while the executed transaction routes funds to an attacker. The authors link the method to 5,742 victim addresses and about $3.48 million in historical losses, with 91.5% attributed to Ethereum and about 83% of cross-chain losses tied to the largest inferred cluster. They report identifying 4,224 related contracts across Ethereum, BNB Smart Chain, Avalanche and Polygon using a detector called SimGuard.
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Central Bank of India shareholders clear ₹7,000 crore equity raise, back ₹1.20 per-share interim dividends for FY2526
Central Bank of India shareholders approved a plan to raise up to ₹7,000 crore in equity capital with 99.26% support, allowing the bank to use a QIP, FPO or rights issue. Investors also confirmed four interim dividends totaling ₹1.20 (12%) per equity share for FY2526, with 99.68% backing. The lender is a state-owned commercial bank, and the capital raise is aimed at strengthening its capital base and supporting business expansion.
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Persistent Systems shareholders clear Nagarro SE acquisition as Q1FY27 net profit hits ₹4,830.4 million
Persistent Systems (SUS) shareholders have formally approved the company’s acquisition of Germany-based IT services firm Nagarro SE. The company also reported Q1FY27 results showing consolidated net profit of ₹4,830.4 million and revenue of ₹43,032.3 million (US$452.4 million). EBIT rose 32.7% year on year to ₹6,868.8 million, outpacing revenue growth of 29.1%, while basic EPS increased 13.7% to ₹30.88.
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