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Business News

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12 Oct 2026
• TL;DR

HCL Technologies posts 21% Q2 profit and declares ₹12/share dividend

HCL Technologies reported a 21% YoY increase in net profit to Rs 5,132 crore for Q2 FY27 and declared a Rs 12 per share interim dividend.

12 Oct 2026
• TL;DR

Bitcoin holds above $83,000 with US dollar firm, oil climbs

Bitcoin trades just above $83,000, down 0.5%, as the dollar remains firm with the DXY index above 102.4, keeping markets cautious at the week's start.

12 Oct 2026
• Chhattisgarh

India facing a power crisis as coal supplies dwindle

India is facing a major power crisis due to dwindling coal supplies and extreme weather conditions.

I-T department uncovers over ₹25,000cr tax evasion by restaurants

The Income Tax (I-T) Department has uncovered massive tax evasion by thousands of restaurants in India. The suspected tax evasion amounts to over ₹25,000 crore.

12 Oct 2026
• TL;DR

HCLTech partners with Anthropic to deploy Claude models securely

HCLTech has partnered with Anthropic to enhance enterprise AI deployment, focusing on cybersecurity, safety, and governance through the integration of Anthropic's Claude models.

12 Oct 2026
• TL;DR

Naukri.com survey: 61% comfortable telling employers about mental health leave

A recent survey reveals that 61% of jobseekers are willing to disclose mental health-related leave, indicating a growing acceptance of mental health conversations in the workplace.

12 Oct 2026
• Mukesh Ambani

Jio Platforms's IPO: Who are the shareholders

Jio Platforms, the digital services subsidiary of Reliance Industries Ltd (RIL), is gearing up for an initial public offering (IPO) that could raise around ₹37,700 crore ($3.8 billion to $4 billion).

12 Oct 2026
• TL;DR

GE Aerospace invests $400 million in India supply chain by 2030

GE Aerospace plans to nearly double its supply chain spending in India to $400 million by 2030, reflecting its commitment to the country's expanding aviation sector.

12 Oct 2026
• TL;DR

India's retail inflation climbs to 5.54% in September 2026

India's retail inflation increased to 5.54% in September 2026, driven by a sharp rise in food inflation, which surged to 7.74%, impacting household budgets significantly.

12 Oct 2026
• TL;DR

Hatsun Agro targets 50% revenue growth in 2 years

Hatsun Agro Product aims for up to 50% revenue growth over the next two years, driven by an expanded milk procurement network and geographic expansion beyond southern India.

12 Oct 2026
• TL;DR

Firmus Grid cancels $5.5B IPO after investors reject $30B valuation

The collapse of Firmus Grid Ltd.'s $5.5 billion IPO highlights growing investor caution in Asia's AI infrastructure market, emphasizing scrutiny on future earnings projections.

12 Oct 2026
• TL;DR

India's direct selling sector posts ₹23,522 cr FY2024-25 sales

India's direct selling industry has reached Rs 23,522 crore in sales with 91 lakh active sellers, according to an ADSEI report.

12 Oct 2026
• TL;DR

Invesco launches Summit Active Asset Allocator fund targeting arbitrage opportunities

Invesco Mutual Fund's Summit SIF has introduced the Summit Active Asset Allocator Long-Short Fund, focusing on arbitrage opportunities across various asset classes.

12 Oct 2026
• TL;DR

HireQuotient's EasySource enters Paylocity and BambooHR ecosystems to streamline recruiting

AI recruitment startups are leveraging partnerships with payroll platforms like Paylocity and BambooHR to overcome market fragmentation and enhance distribution channels.

12 Oct 2026
• TL;DR

Zen Technologies could win ₹6,000-cr of ₹20,000-cr government tender

Zen Technologies aims for a ₹6,000 crore share of a ₹20,000 crore defence tender, leveraging its advanced anti-drone technology and domestic development capabilities.

12 Oct 2026
• Apple

TSMC set to post sixth straight quarter of record earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest advanced artificial intelligence (AI) chipmaker, is set to announce its sixth consecutive quarter of record earnings.

12 Oct 2026
• TL;DR

UK trade delegation announces £1B India deals under FTA

The UK has announced 1 billion pounds in new deals during a major trade mission to India, involving over 100 businesses across sectors like AI, aviation, and healthcare.

12 Oct 2026
• TL;DR

Debt funds ₹1.83L cr September outflows, liquid funds ₹95,743 cr

Debt mutual funds experienced net outflows of ₹1.83 lakh crore in September, with liquid and money market funds leading the decline, according to AMFI data.

12 Oct 2026
• TL;DR

Delhi High Court refuses relief, remands PepsiCo sting labeling case

The Delhi High Court has denied PepsiCo immediate relief in its dispute over using the term ‘energy drink’ on new Sting stocks, pending further clarification from a single judge.

12 Oct 2026
• TL;DR

China thermal coal jumps 25% to 1,004 yuan a ton

China's thermal coal prices have surged to a three-year high due to sluggish domestic production and disruptions in Indonesian exports, compounded by global energy market tensions.

12 Oct 2026
• TL;DR

Small-cap mutual funds top equity inflows with ₹9,038.57cr in September

In September 2026, small-cap mutual funds attracted Rs 9,038.57 crore, the highest among equity-oriented schemes, despite ongoing market pressures.

12 Oct 2026
• TL;DR

Motilal Oswal gives VA Tech Wabag buy rating, ₹2,529 target

Motilal Oswal reiterates a "buy" rating on VA Tech Wabag, citing a strong order book and international project execution, with an expected 30% upside potential.

12 Oct 2026
• TL;DR

Sahajanand Medical Technologies in talks to raise ₹175-200cr pre-IPO

Sahajanand Medical Technologies (SMT) is negotiating a ₹175-200 crore pre-IPO funding round with existing and new investors, ahead of its public listing later this week.

12 Oct 2026
• TL;DR

Raise Financial Services spends close to ₹50cr on NVIDIA GPUs

Raise Financial Services has invested Rs 50 crore in NVIDIA GPUs to enhance AI capabilities, while emphasizing the necessity of human oversight in critical trading operations.

12 Oct 2026
• TL;DR

IMF's Kristalina Georgieva says AI could offset Asia's shrinking workforce

The IMF suggests that AI-driven productivity gains could counterbalance the workforce decline due to ageing populations in Asia, provided adoption is equitable across the region.

12 Oct 2026
• TL;DR

Reserve Bank of India intervenes as rupee drops over 7%

The Reserve Bank of India has implemented several measures to stabilize the rupee, which has depreciated over 7% against the US dollar since early 2026.

12 Oct 2026
• TL;DR

Sensex slips over 600 points, Nifty settles below 22,400 mark

The Sensex and Nifty 50 experienced significant losses due to a selloff in banking and IT stocks, influenced by weak performance in Asian markets.

12 Oct 2026
• TL;DR

World Bank and IMF warn AI could reshape youth employment

The World Bank's Jobs Council advocates for permanent "crisis-era" support measures as the IMF warns of significant job disruptions due to artificial intelligence advancements.

12 Oct 2026
• TL;DR

S&P 500 up 117% with AI driving 4th year gains

The US bull market is approaching its fourth anniversary, driven by a 117% S&P 500 rally fueled by AI infrastructure investments and strong corporate earnings.

12 Oct 2026
• TL;DR

Domestic investors surge in India, FII ownership at 15.1%

Foreign institutional investor ownership in Indian equities has hit a 17-year low of 15.1%, while the absolute value of foreign holdings has surged to $783 billion.

12 Oct 2026
• Sunil Mittal

Sunil Bharti Mittal to receive France's highest civilian honor

Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, has been named a Chevalier de l'Ordre national de la Legion d'Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron.

12 Oct 2026
• TL;DR

RBI opens dollar window to steady rupee may help students

The Reserve Bank of India's efforts to stabilize the rupee may temporarily reduce costs for Indian students overseas, as exchange-rate movements affect tuition and living expenses.

12 Oct 2026
• TL;DR

Intel CEO Lip-Bu Tan says Chinese AI models adopted quickly

Intel CEO Lip-Bu Tan noted the swift adoption and satisfactory performance of Chinese frontier AI models like DeepSeek, Kimi, and GLM.

12 Oct 2026
• TL;DR

Goldman Sachs raises December 2026 Brent forecast to $90

Goldman Sachs increased its December 2026 Brent crude price forecast to $90 per barrel, citing persistent supply risks in the Middle East that could elevate near-term premiums.

12 Oct 2026
• TL;DR

Dun & Bradstreet India warns monsoon could raise food costs

India faces increased food industry costs due to monsoon-related agricultural risks, impacting procurement and inventory needs, according to a Dun & Bradstreet India report.

Carlsberg's $700M IPO at risk as brewery ordered to shut

Carlsberg India's Alwar brewery has been ordered to shut down by the Rajasthan State Pollution Control Board (RSPCB) after breaching pollution limits.

12 Oct 2026
• Indian Rupee (INR)

Indian rupee may recover to 94 against dollar soon

R. Govindan, Senior VP of Finance and Chief Risk Officer at Larsen & Toubro (L&T), has predicted that the Indian rupee will recover toward ₹94 against the US dollar in the near term.

TCS wants 80% of new employees to have AI skills

Tata Consultancy Services (TCS) plans to hire 80% of its new employees with digital and artificial intelligence (AI) skills.

12 Oct 2026
• Reserve Bank Of India (RBI)

Indian government bond yields hit 3-year high: What's the reason?

The yield on India's benchmark 10-year government bond has hit a three-year high, reflecting a significant market shift.

12 Oct 2026
• TL;DR

Moneyview shares up 93% in 7 sessions since listing

Moneyview shares have soared 93% above their IPO price in just seven sessions, driven by strong investor interest and a robust initial public offering performance.

12 Oct 2026
• TL;DR

IIM Lucknow unveils July 2027 MBA for family business successors

IIM Lucknow has introduced an MBA in Family Business to train future leaders of family enterprises, with applications open until April 2027 and classes starting in July 2027.

12 Oct 2026
• TL;DR

India to establish lithium and rare earths reserve for industries

India is developing a strategic reserve of critical minerals to protect key industries from global supply disruptions and reduce import dependence.

12 Oct 2026
• TL;DR

India to unlock $85tn markets through new free trade agreements

India will gain preferential access to markets with a combined GDP of $85 trillion within 18 months, according to commerce and industry minister Piyush Goyal.

12 Oct 2026
• TL;DR

Cupid shares dip over 3% to ₹356.75 despite 245% surge

Cupid shares fell 3% after reaching a record high, as investors booked profits following a sharp rally that saw the stock rise 245% in 2026.

12 Oct 2026
• TL;DR

Indian equity mutual funds post 5-month high inflow ₹38,307 cr

India's equity mutual fund inflows reached a five-month high of ₹38,307 crore in September, despite the Nifty 50 index declining by about 14.4% this year.

12 Oct 2026
• TL;DR

Zoho's Sridhar Vembu rejects UBI calls it unimaginative and dystopian

Sridhar Vembu, Zoho founder, criticizes universal basic income as a response to AI-driven job losses, labeling it an "unimaginative and dystopian vision."

12 Oct 2026
• TL;DR

India smartphone sales projected down 12% as value rises 5%

India's smartphone sales are projected to decline by 12% this festive season, yet the market value is expected to rise by 5% due to higher device prices.

12 Oct 2026
• TL;DR

RBI creates dollar window and tightens rules to stabilize rupee

Nomura reports that the RBI has implemented forex curbs and a special dollar window for oil companies to counter rupee depreciation amid declining forex reserves.

12 Oct 2026
• TL;DR

Jio Platforms readies massive IPO with Reliance Industries 66.43% stake

Reliance Industries Limited owns 66.43% of Jio Platforms, while major shareholders like Meta and Google hold significant stakes, highlighting a diverse ownership structure.

12 Oct 2026
• TL;DR

Zee Entertainment shares rally 7% on 2nd straight day

Zee Entertainment shares rose 7% today, extending gains for a second consecutive session, despite overall volatility in the Indian stock market.

12 Oct 2026
• TL;DR

Sunil Bharti Mittal to receive Chevalier de la Legion d'Honneur

Sunil Bharti Mittal, founder of Bharti Enterprises, has been awarded the Chevalier de l’Ordre national de la Légion d’Honneur by French President Emmanuel Macron.

12 Oct 2026
• TL;DR

ET Business Growth Summit in Mumbai spotlights MSME scaling strategies

The ET Business Growth Summit in Mumbai highlighted strategies for scaling businesses, focusing on MSME growth and technological advancements.

12 Oct 2026
• Nifty

₹45,000cr gone in 6 sessions: Why FIIs are fleeing India

Foreign institutional investors (FIIs) have offloaded Indian equities worth over ₹45,000 crore in just six trading sessions in October.

12 Oct 2026
• TL;DR

Systematix warns India inflation 6%-7% may prompt 1.5% RBI hike

Inflation in India could reach 7%, prompting the Reserve Bank of India to consider further interest rate hikes of up to 150 basis points, according to a Systematix report.

12 Oct 2026
• TL;DR

TCS hired 4,500 last quarter, targets 80% digital and AI-skilled

TCS plans for 80% of new hires to possess digital and AI skills, aiming to boost profitability as AI-related revenue grows to 10% of its business.

Zetwerk's ₹5,012cr IPO opens on October 15

Bengaluru-based manufacturing platform Zetwerk will launch its initial public offering (IPO) on October 15.

12 Oct 2026
• TL;DR

China and EU agree parity quotas for hybrid car exports

China and the European Union recently engaged in intensive consultations to address hybrid and electric vehicle trade matters, agreeing on export quotas for Chinese hybrids.

12 Oct 2026
• TL;DR

Indian mutual funds offload $4.5bn government bonds after RBI hike

Indian mutual funds plan to sell more government bonds following the Reserve Bank of India's rate hike, as expectations for a prolonged rate-tightening cycle grow.

12 Oct 2026
• E-commerce

India's festive e-commerce sales fall 10% as electronics get costlier

India's festive season has started on a subdued note this year, with e-commerce sales witnessing a major decline.

12 Oct 2026
• TL;DR

Motilal Oswal gives Campus Activewear buy rating, sets ₹290 target

Motilal Oswal recommends a buy rating for Campus Activewear, setting a target price of Rs 290, driven by anticipated growth in volume and premiumization.

12 Oct 2026
• TL;DR

Motilal Oswal gives Suzlon Energy buy call with ₹65 target

Motilal Oswal recommends a buy on Suzlon Energy, setting a target price of Rs 65, as the stock trades at a discount and earnings momentum is expected to strengthen.

12 Oct 2026
• TL;DR

HD Fire Protect IPO eyes 712.1cr as GMP nears 32%

HD Fire Protect's IPO is set to open on October 13, with a grey market premium of 32% indicating strong investor interest.

12 Oct 2026
• TL;DR

₹10,372-cr IndiaAI mission GPUs likely to serve global clients

IndiaAI Mission companies may sell computing capacity to international clients, addressing domestic demand shortfalls and ensuring investment viability in AI infrastructure.

12 Oct 2026
• TL;DR

Motilal Oswal rates Piramal Finance buy with ₹2,480 target

Motilal Oswal recommends a buy rating for Piramal Finance, setting a target price of Rs 2480, citing strong growth prospects and diversified business avenues.

12 Oct 2026
• TL;DR

PC Jeweller hits 52-week high, market cap up over ₹2,500cr

PC Jeweller shares soared 5% to a fresh 52-week high, boosting the company's market value by Rs 2,500 crore over four sessions.

12 Oct 2026
• TL;DR

RBI tightens cash as ₹25,000cr sale pushes India's 10-year yield

Indian government bond yields surged as the Reserve Bank of India's liquidity tightening measures, including a significant bond sale, pushed the 10-year yield above 7.35%.

12 Oct 2026
• TL;DR

Zetwerk IPO priced ₹143-₹151 could net early backers 38x returns

Early investors in Zetwerk, a B2B manufacturing platform, could achieve up to 38-fold returns as the company sets its IPO price band at Rs 143-151 per share.

12 Oct 2026
• TL;DR

Bonfiglioli Transmissions IPO ₹558-₹586 seeks up to ₹2,533.66cr from shareholders

Bonfiglioli Transmissions plans to raise up to ₹2,533.66 crore through its IPO, offering shares priced between ₹558 and ₹586 each, with a lot size of 25 shares.

12 Oct 2026
• TL;DR

College student lands 50L remote job after building AI editor

A college student secured a Rs 50 LPA job offer by building an AI tool with 13,000 users and emailing 30 startups, receiving another offer within a week.

12 Oct 2026
• Meta

Microsoft longtime VP retires to care for parents in India

Microsoft's Vice President of Engineering, Kesavan Shanmugam, has announced his retirement after a storied 23-year career with the tech giant. He worked on projects like Excel Copilot and agentic AI systems.

12 Oct 2026
• TL;DR

Bitcoin returns above $84,000 as ether and XRP rise

Bitcoin trades above $84,000 despite significant ETF outflows, as oil prices decrease following a partial easing of U.S. sanctions on Russian imports.

12 Oct 2026
• TL;DR

Kristalina Georgieva says AI spending boosts global growth about 3%

AI infrastructure investment is driving global growth at 3%, benefiting Asian economies like Thailand by increasing hardware demand despite energy uncertainties.

12 Oct 2026
• TL;DR

Tonbo Imaging launches offer for sale IPO priced ₹665-₹700

Defence electronics maker Tonbo Imaging India has set a price band of ₹665-700 per share for its ₹852-crore IPO, opening for subscription from October 15 to October 19.

12 Oct 2026
• TL;DR

AI beat humans in Metaculus Cup, predicts markets and events

Several startups are leveraging AI to outperform experts in forecasting diverse topics, from stock market trends to geopolitical events, revolutionizing decision-making processes.

12 Oct 2026
• TL;DR

Indian markets open higher with Sensex up 178 points

Benchmark indices Sensex and Nifty rose in early trade on October 12, 2026, as oil prices eased, with Sensex gaining 178 points and Nifty climbing 76.20 points.

12 Oct 2026
• TL;DR

KOSPI falls nearly 2% as Middle East tensions rise

South Korean shares fell nearly 2% on Monday due to renewed Middle East tensions, raising concerns over global energy supplies and prompting foreign investor selling in the market.

12 Oct 2026
• TL;DR

USDA forecasts India rice exports 24 million tons by 2027

India's rice exports are projected to fall by 4% to 24 million tonnes in 2027 due to El Nino impacts, reduced paddy acreage, and rising domestic prices.

12 Oct 2026
• TL;DR

Moonshot seeks settlement amid Recurrent.ai accusations and Hong Kong IPO

Top executives of Chinese AI startup Moonshot are negotiating a settlement with a shareholder over alleged wrongdoing, as they prepare for a planned Hong Kong IPO, sources say.

12 Oct 2026
• China

1,000 tons in 8-months: Why China is aggressively buying gold

China's central bank, the People's Bank of China (PBOC), has been on a gold-buying spree for 23 consecutive months.

12 Oct 2026
• TL;DR

Indian rupee rises 98 paise to ₹95.75 after RBI rule

The Indian rupee strengthened by 98 paise to open at 95.75 per dollar as the RBI intensified efforts to curb dollar demand, impacting forward premiums.

12 Oct 2026
• TL;DR

RBI raises daily minimum CRR to 99% for scheduled banks

The Reserve Bank of India has increased the minimum daily Cash Reserve Ratio maintenance requirement for scheduled banks to 99%, effective October 16, 2026.

12 Oct 2026
• TL;DR

Ola Electric's ₹1,000cr rights issue: last day under SEBI T+1

Today marks the final opportunity for investors to purchase Ola Electric shares to qualify for the Rs 1,000 crore rights issue, with a discounted price set at Rs 27 per share.

12 Oct 2026
• TL;DR

Piyush Goyal pledges government backing to help startups go global

Commerce and industry minister Piyush Goyal urged Indian startups to expand internationally, while Satyan Gajwani highlighted India's lag in artificial intelligence development.

12 Oct 2026
• Amazon

Amazon in talks to acquire AI start-up Decart for $7B

Amazon is said to be in talks to acquire artificial intelligence (AI) start-up Decart for $7 billion.

12 Oct 2026
• TL;DR

HVDC upgrades and data center demand boost India capital goods

India's expanding power transmission network and rising data centre demand are set to boost the engineering and capital goods sector, according to 360 ONE Capital.

12 Oct 2026
• Iran

Oil prices fall as Trump announces Russia-Ukraine 'energy ceasefire'

Oil prices witnessed a decline on Monday, owing to US President Donald Trump's announcement of an "energy ceasefire" between Russia and Ukraine.

12 Oct 2026
• TL;DR

R.K. Fashion Accessories debuts on NSE SME after 2.7x subscription

R.K. Fashion Accessories is set to debut on the NSE SME platform today, with a grey market premium indicating an expected listing price of Rs 84 per share.

12 Oct 2026
• TL;DR

RBI intervention helps rupee recover from near record offshore low

The Indian rupee gained in offshore trading as the Reserve Bank of India implemented aggressive measures to support the currency, preventing it from hitting a record low.

12 Oct 2026
• TL;DR

Oil falls after Trump announces Ukraine Russia energy facilities ceasefire

Crude oil prices fell, with Brent at $103.35 a barrel, as increased Russian supplies offset concerns over Middle East tensions and potential supply disruptions.

12 Oct 2026
• TL;DR

TSMC set for 6th straight record profit quarter from AI

TSMC is poised to announce its sixth consecutive quarter of record earnings, fueled by robust demand for AI chips and advanced packaging technology, CoWoS.

12 Oct 2026
• TL;DR

Gold near $4,200.23 as investors await US CPI and PPI

Gold prices remained stable in early Asian trading on Monday, with investors anticipating key US inflation data that could influence the Federal Reserve's interest rate decisions.

12 Oct 2026
• TL;DR

RBI tightens hedging rules as costs could rise 80-150 bps

The Reserve Bank of India has implemented measures to curb corporate hedging activities, aiming to stabilize the rupee amid rising oil prices and foreign equity outflows.

12 Oct 2026
• TL;DR

Gold and silver jump before US inflation and Fed action

Gold and silver prices rose in international markets as investors awaited US inflation data and signals on the Federal Reserve’s interest rate outlook.

12 Oct 2026
• TL;DR

BP withdraws from World Petroleum Council Energy Congress in Riyadh

BP has withdrawn from the World Petroleum Council Energy Congress in Riyadh due to safety concerns following a missile attack on the city's international airport.

12 Oct 2026
• TL;DR

Markets seen opening flat amid Q2 results and RBI concern

Indian stock markets are expected to open flat to negative on Monday, with focus shifting to Q2 results and inflation data amid global uncertainties and elevated crude oil prices.

12 Oct 2026
• TL;DR

SEBI mandates credit risk-o-meter across issuer and online bond platforms

SEBI introduces a colour-coded Credit Risk-o-Meter for bonds, enhancing transparency and helping investors quickly assess the credit risk of debt securities before investing.

12 Oct 2026
• TL;DR

KOSPI slides 22% with turnover down 70% in 2026

South Korea's stock market, once thriving on AI investments, faces a 22% decline as investor interest wanes, with turnover plummeting 70% since its peak.

12 Oct 2026
• TL;DR

Indian mutual funds hold 11.7% vs FPIs below 14% Sept

Indian mutual funds now hold 11.7% of domestic equities, narrowing the ownership gap with foreign portfolio investors, whose share has fallen below 14% since May 2021.

12 Oct 2026
• TL;DR

ET Startup Awards: Satyan Gajwani sees startups embrace deep tech

Government support and patient capital are driving India's transition into deep technology sectors, including AI and semiconductor chips, according to Satyan Gajwani.

12 Oct 2026
• TL;DR

NTPC and Eskom in talks to boost South Africa's renewables

NTPC Ltd is negotiating a green energy collaboration with South Africa's Eskom, aiming to enhance clean energy generation and support Eskom's ageing thermal plants.

12 Oct 2026
• TL;DR

India manufacturing startups see funding jump to $1.92B YTD 2026

India's manufacturing startups are thriving due to Covid-induced supply-chain disruptions and supportive government policies, attracting significant investor interest.

12 Oct 2026
• TL;DR

India considers local inverters and domestic-content batteries for rooftop solar

India is considering mandating locally made inverters and domestic battery components in the next phase of its rooftop solar scheme to boost energy security.

12 Oct 2026
• TL;DR

TCS embraces AI as revenue source exceeding $3 billion

TCS CEO K. Krithivasan highlights a structural shift, with traditional IT services growth slowing as enterprises increasingly invest in AI, now over 10% of TCS's business.

12 Oct 2026
• TL;DR

IBM India's Usha Srikanth: coding now 10% of project work

IBM India's Usha Srikanth highlights AI's transformative role, reducing code building to 10% of tech programmes, emphasizing the need for human judgement and critical thinking.

12 Oct 2026
• TL;DR

TCS says AI revenue over $3bn and 10% of business

TCS CEO Krithivasan highlights a shift towards AI, with annualised AI revenue surpassing $3 billion, offsetting traditional service declines.

12 Oct 2026
• TL;DR

Zetwerk Manufacturing valued near ₹26,000 cr opens IPO Oct 15

Zetwerk Manufacturing has set a price band of ₹143-₹151 per share for its ₹5,012 crore IPO, opening on October 15 and closing on October 19.

12 Oct 2026
• TL;DR

India smartphone sales likely down 12% while value up 5%

India's smartphone sales are projected to decline by 12% in volume this festive season, despite a 5% growth in market value due to a shift towards pricier devices.

12 Oct 2026
• TL;DR

Bayer assessing India consumer health products easing GLP-1 side effects

Bayer AG is exploring opportunities to introduce products in India that address side effects of GLP-1 obesity drugs, aiming to expand its consumer health business.

12 Oct 2026
• TL;DR

India examines China roadblocks to services exports: data visa cybersecurity

India is assessing the trade barriers faced by its services exporters in China, focusing on licensing, data regulations, and professional mobility to enhance export potential.

12 Oct 2026
• TL;DR

India to introduce GST e-invoicing for imports and unregistered suppliers

The Indian government plans to extend GST e-invoicing to imported services, affecting businesses with over ₹5 crore turnover, aiming to reduce tax liability mismatches.

11 Oct 2026
• Amitabh Kant

Reduce SLR to promote job-intensive manufacturing in India: Amitabh Kant

Amitabh Kant, former CEO of NITI Aayog, has called for a reduction in the statutory liquidity ratio (SLR) to promote job-intensive manufacturing in India.

11 Oct 2026
• Lenskart

Alpha Wave might sell 1.6% stake in Lenskart for ₹1,691cr

Global investment firm Alpha Wave Ventures LP is planning to sell up to a 1.6% stake in omnichannel eyewear retailer Lenskart via a block deal, CNBC-TV18 reported citing sources.

11 Oct 2026
• E-commerce

India's e-commerce festive sales touch ₹24,000cr in first 2 days

India's e-commerce companies have raked in business worth around ₹24,000 crore in the first two days of the ongoing festive season sale.

11 Oct 2026
• World Bank

World Bank in talks with 30-40 countries for crisis aid

The World Bank is currently engaged in discussions with 30 to 40 countries for potential crisis aid.

11 Oct 2026
• Japan

Japan becomes top FDI source for India in Q1 FY27

Japan has emerged as the biggest source of foreign direct investment (FDI) into India during the April-June quarter of FY27.

11 Oct 2026
• Jaipur

1 in 4 travelers booked multiple festive trips last year

According to a report by backpacker hostel chain Zostel, nearly one in four travelers booked multiple festive trips between October and December last year.

11 Oct 2026
• Canada

India to achieve $1 trillion exports this fiscal: Piyush Goyal

India is poised to achieve over $1 trillion in exports during the current financial year, Commerce and Industry Minister Piyush Goyal announced.

11 Oct 2026
• State Bank of India (SBI)

SBI warns of 'jumped deposit' scam: How to stay safe?

The State Bank of India (SBI) has issued a warning about a new form of fraud called the "jumped deposit" scam.

11 Oct 2026
• Foreign Investment

FPIs pull out ₹44,166cr from Indian equities in October

Foreign portfolio investors (FPIs) have pulled out ₹44,166 crore from Indian equities in October. The withdrawal takes the total outflows for the year to over ₹3 lakh crore.

11 Oct 2026
• Infosys

Why Infosys isn't worried about suspension of US PERM program

Infosys has said that the recent suspension of new and pending applications under the Permanent Labor Certification (PERM) program by the US will not have a material impact on its operations.

11 Oct 2026
• Gujarat

Suzlon's new AI-powered wind blade factories to create 3,000 jobs

Suzlon Group is investing ₹550 crore to establish three AI-powered wind blade factories.

11 Oct 2026
• US Government

Green-Card suspension: What happens to investments on returning to India?

The Trump administration has suspended several tech giants including Microsoft, Infosys, Cognizant, Tata, Wipro, HCL Technologies, Capgemini and Adobe from the Permanent Labor Certification Program (PERM).

Developing countries facing energy crisis, El-Nino, high borrowing costs: UN

Developing countries are facing a major crisis due to rising energy costs, the El Nino weather phenomenon, and high borrowing costs.

11 Oct 2026
• India

India aims to boost steel-production capacity to 604MMT by 2047

India has unveiled a draft steel policy, aiming to ramp up the country's steel production capacity from the current 220 million metric tons (MMT) to an ambitious 604 MMT by 2047.

SEBI to release new closing auction guidelines

The Securities and Exchange Board of India (SEBI) is set to issue new guidelines for price settlement in the derivatives segment during the closing auction session.

11 Oct 2026
• Amazon

Jeff Bezos invests $100M to turn neglected land into parks

Amazon founder Jeff Bezos is investing $100 million to transform neglected urban land into parks in eight US cities.

11 Oct 2026
• Russia

Russia has partially lifted a ban on diesel exports

Russia has announced the partial lifting of its diesel export ban, effective immediately.

11 Oct 2026
• United States of America

Why US is releasing 4M barrels from strategic oil reserves

The United States has authorized the release of up to four million barrels of crude oil from its Strategic Petroleum Reserve (SPR).

11 Oct 2026
• Piyush Goyal

India-US trade deal will keep changed circumstances in mind: Goyal

Commerce and Industry Minister Piyush Goyal has said that the India-US trade pact will be finalized in line with changing circumstances.

11 Oct 2026
• White House

Trump probes TV networks over White House coverage boycott

The US Justice Department is investigating five major television networks for potential violations of antitrust laws.

10 Oct 2026
• Air India

Air India offering big discounts for students: Check offers

Air India is offering a flat 10% discount on domestic base fares for eligible one-way and round-trip bookings made by October 20.