World

'Painful concessions' needed in Iran conflict, says Oman

Apr 13, 2026

Muscat [Oman], April 13: The parties to the Iran war will likely have to make significant concessions to achieve peace, according to Oman's Foreign Minister Badr Al Busaidi. "Success may require everyone to make painful concessions, but that is nothing as compared to the pain and failure of war," Al Busaidi said, calling for an extension of the current two-week ceasefire and a continuation of talks.Al Busaidi posted his comments on X after 21 hours of peace negotiations between the US and Iran ended without any tangible results.
Source: Qatar Tribune

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STL delivers resilient FY'26 performance; AI Data Centre business emerges as key growth engine

Mumbai (Maharashtra) [India], April 29: STL (NSE: STLTECH), a leading connectivity solutions provider for AI-ready digital infrastructure, today announced its financial results for the year ended 31 March, 2026. The Company reported revenues of INR 1,441 Cr for the quarter and INR 4,745 Cr for FY26, a growth of ~14.7% QoQ and 18.8% YoY. In FY26, STL delivered EBITDA margins at ~13.2% and EBITDA of INR 628 Cr. The year was characterised by a transformative ~110% surge in order intake over FY25. This indicates strong revenue visibility and sets the stage for sustained growth in the coming quarters.

Apr 29, 2026