Emtel reports half-year results ending June 2026, showing profit rose 34% as CAPEX fell 47% . Our DCF puts the shares at Rs 31.02 against a Rs 22.70 close.

The pension overhaul in this Budget is, in its direction, both defensible and overdue. But the way it has been designed produces an uncomfortable result – a reform sold on fairness lands hardest on a group that isn’t rich.