OPEC+ likely to maintain oil output targets for December

Reckitt posts double-digit Q3 2026 India growth on solid sales

Reckitt announced double-digit growth for its India business in Q3 CY2026, driven by broad category expansion and AI-enabled sales transformation.

ACC reports Q2 FY2027 cement sales 9.7 million tons, ₹5,689cr

ACC Limited, owned by Adani Group, reported a Q2 FY27 cement sales volume of 9.7 million tonnes, with trade sales comprising 78% and premium products making up 47% of trade sales.

Tech rally lifts S&P 500 and Nasdaq as Broadcom jumps

US stocks opened higher on Tuesday, October 27, with the S&P 500 gaining 0.3% and the Nasdaq Composite advancing over 0.5%, driven by gains in technology and AI-related shares.

MK Sons Fine Jewels raises ₹82.62 cr ahead of IPO

MK Sons Fine Jewels raised Rs 82.62 crore from nine anchor investors, including Goldman Sachs and Advent Global Fund, ahead of its upcoming IPO on October 28.

Anthropic IPO could raise 7 founders' net worth above $27B

Anthropic's upcoming IPO could elevate the fortunes of its seven co-founders from $14 billion to over $27 billion each, driven by a potential $2 trillion valuation.

Anthropic IPO filing hits Indian IT amid rising AI stocks

Anthropic's US IPO filing led to a decline in Indian IT stocks, while Walmart remains hesitant to list Flipkart due to ongoing losses and leadership changes.

Ajay Seth, IRDAI chief, in 'listening mode' on insurance reforms

IRDAI Chief Ajay Seth is actively gathering feedback on the proposed insurance distribution reforms, emphasizing the need for consensus and transparency in the sector.

At The Hindu Semiconductor Summit 2026, industry leaders emphasized international collaboration over nationalistic competition to advance India's semiconductor ecosystem.

Bitcoin miners pivot to AI centers, Luxor Technology secures $16 million

Bitcoin mining companies are increasingly entering the AI sector, creating a burgeoning market for trading computing power and transforming mining facilities into data centers.

Ripple and Robinhood partner to expand RLUSD for institutional trading

Ripple has partnered with Robinhood to expand the reach of its digital dollar, RLUSD, enhancing institutional trading and treasury operations through Ripple Prime and Bitstamp.

General Compute raises $100 million Series A for inference chips

General Compute secures $100 million in Series A funding, defying the neocloud downturn with a focus on specialized inference chips and strategic partnerships.

Meta stock offering, SpaceX $40B NVIDIA GPUs, Anthropic $2T IPO

Meta, SpaceX, and Anthropic are aggressively pursuing capital amid tightening markets, impacting stock dynamics as investors reassess their positions in the evolving AI landscape.

GMO Internet Group data dumped after refusing $50 million ransom

Hackers have leaked sensitive data from GMO Internet Group after the company refused a $50 million ransom, prompting concerns over cybersecurity threats in Japan.

India's climate tech on track to raise $1.9B in 2026

India's climate-tech sector may secure up to USD 1.9 billion in equity funding in 2026, driven by expanding growth capital and government-backed initiatives.

Ola Electric shares jump 16% to ₹34.80 after heavy trading

Ola Electric shares soared 16% on October 27, marking their largest single-day gain since April, driven by high trading volumes and a broader rebound in auto stocks.

Akasa Air moves Mumbai-Jeddah service to Navi Mumbai Airport

Akasa Air will relocate its Mumbai-Jeddah flights to Navi Mumbai International Airport starting December 2026, enhancing international connectivity from the Mumbai region.

India's tokenized bonds help REC, L&T IIFL raise ₹1,025 cr

India's tokenized bonds leverage blockchain technology for faster transactions and settlements, contrasting with traditional bonds that rely on multiple intermediaries.

OPEC+ expected to keep December production targets amid Iran conflict

OPEC+ is expected to keep December oil production targets unchanged amid supply disruptions caused by the Iran war, as the group prepares for 2027 quota negotiations.

Judge rules firms working with Alibaba lobbyists keep Pentagon access

A US federal judge ruled that the government cannot block companies from Pentagon contracts for working with lobbyists representing Alibaba, leading to the company's legal win.

Jubilant Ingrevia posts 60% Q2 FY27 net profit to ₹111.43cr

Jubilant Ingrevia Ltd reported a 60% increase in consolidated net profit to ₹111.43 crore for the September quarter, with revenue rising to ₹1,394.23 crore.

Jio, Airtel lead India's 7.2M telecom subscriber additions

India's telecom market witnessed a significant surge in subscribers last month, according to data released by the Telecom Regulatory Authority of India(TRAI).

UK sells £4.5bn 5-year bonds at 5.036% before Healey's budget

Britain sold £4.5 billion of 5-year debt at a yield of 5.036%, the highest since 2008, amid strong investor demand and market pressures before the upcoming budget announcement.

IMF's Krishna Srinivasan: currency 1st defense, Asia drives 68% growth

Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, emphasizes the importance of India's currency as a crucial defensive tool amid global economic shifts.

TCS hits $3.1B AI annualized, Infosys posts 29% AI jump

TCS and Infosys have rebounded from the SaaSpocalypse, reporting significant AI revenue growth, demonstrating their adaptation to the evolving technology landscape.

PayPal raises 2026 profit outlook as Enrique Lores cuts costs

PayPal has increased its profit forecast for 2026, driven by significant cost savings and operational efficiencies as part of a multi-year transformation under new leadership.

Bitcoin slips below $80,000 today despite Asian tech gains

Bitcoin fell 0.4% to around $79,700 as Asian tech stocks rallied and the Federal Reserve began a two-day meeting with an interest-rate decision expected on Wednesday.

Troovy raises ₹100Cr led by Fireside Ventures to boost R&D

Troovy, a better-for-you snacks brand, raised ₹100 crore in a Series B round led by Fireside Ventures to expand R&D and manufacturing capacity.

Fashion brands using AI models cut shoot costs over 90%

Fashion brands are increasingly adopting AI-generated models to cut costs, posing a significant threat to human models' jobs and livelihoods in the industry.

Businesses lack clear AI leadership as spending hits $2.7 trillion

As AI transforms businesses, determining which executives oversee its deployment is crucial, with potential career advancements or risks depending on the success of implementation.

WeWork India posts ₹119cr H1 net profit, revenues up 30.1%

WeWork India reported a 149.5% increase in net profit to Rs 119 crore and a 30.1% rise in revenue to Rs 1,466.7 crore for the first half of FY27.

IRDAI extends insurance consultation to October 31 2026 after glitch

A technical glitch on the Irdai website prompted an extension of the feedback deadline to October 31, allowing more time for industry input on proposed insurance reforms.

Reuters poll sees India's growth near 7% amid inflation

India's economic growth is projected to slow to around 7% this fiscal year, as rising energy costs and inflation risks weigh on the economy, according to a Reuters poll.

Boeing to report earnings Tuesday as investors watch 737 Max

Boeing is expected to report a smaller quarterly loss as it increases aircraft deliveries, with Wall Street anticipating a 21-cent loss per share and $23.84 billion in revenue.

Jason Calacanis predicts bitcoin will be $57,000 in a year

Technology investor Jason Calacanis advises selling bitcoin, predicting a drop to $57,000, and recommends investing in artificial intelligence for better returns.

European stocks fall after HSBC earnings miss pulls STOXX 600

European shares fell as HSBC's disappointing earnings impacted banking stocks, while ongoing political unrest in France further dampened investor sentiment across the region.

ICICI Prudential launches BSE Power ETF for India's power sector

ICICI Prudential Mutual Fund has introduced its BSE Power ETF, offering exposure to India's power sector, with the new fund offer open from October 26 to October 30.

Chennai summit urges India to boost domestic chipmaking amid tensions

Industry leaders at the Semiconductor Summit 2026 highlighted India's need to reduce supply-chain dependencies and build technological resilience amid global geopolitical tensions.

E20 controversy 'paid campaign': Gadkari after Centre clears E100 pathway

Union Road Transport Minister Nitin Gadkari has dismissed the controversy over 20% ethanol-blended petrol, also known as E20 fuel, calling it a "paid campaign."

West Asia conflict lifts dry fruit prices before Diwali 2026

Dry fruit prices in India are rising ahead of Diwali, with import costs for raisins and dates increasing over 20% due to the ongoing West Asia conflict.

Anthropic files $100B IPO as SpaceX, Meta back $135B AI

Anthropic's potential $100 billion IPO, alongside SpaceX and Meta's financing plans totaling $135 billion, highlights record US AI spending and growing economic risks.

CAIT, NASSCOM to aid India's 9cr traders in AI, cybersecurity

The Confederation of All India Traders (CAIT) and NASSCOM will launch a campaign to promote AI adoption and cybersecurity awareness among traders.

iPhone demand cools in India as festive sales fall 30%

Apple's iPhone has witnessed a significant drop in sales during the festive season, with reports suggesting a decline of up to 30%.

Ola Electric shares rise 19.5% on ₹1,000cr rights issue

Ola Electric Mobility shares surged 19.5% to Rs 35.78, driven by its Rs 1,000 crore rights issue and strategic stake adjustments ahead of Q2 FY27 results.

New ₹1,000 banknote with a temple image is fake

A new ₹1,000 currency note with a temple image has been doing the rounds on social media.

Bengaluru startup Cent raises $15 million to expand AI radiology services

Bengaluru-based preventive health startup Cent secured $15 million in a Series A round to enhance research, AI radiology, and expand its centres across major Indian cities.

Why some PNB accounts will be closed after November 10

Punjab National Bank (PNB) has announced its decision to shut down certain accounts after November 10.

ByteDance founder Zhang Yiming is China's richest person again

Zhang Yiming, the founder of ByteDance, has reclaimed the top spot on China's rich list.

Uttar Pradesh building Greater Noida 69.52 acres AI robotics park

The Uttar Pradesh Cabinet has approved a Rs 2,000 crore robotics and AI park in Greater Noida, expected to create over 1 lakh jobs and boost the state's economy.

Investment giant Blackstone opens new global capability center in Bengaluru

US-based alternative asset manager Blackstone has opened its second office in India.

Nykaaland 4.0 drew over 30,000 visitors at NSIC Exhibition Grounds

Nykaaland 4.0 wrapped up its Delhi edition on October 25, attracting over 30,000 attendees with beauty, music, and immersive experiences at the NSIC Exhibition Grounds.

India to boost diesel exports from 2027 after refinery upgrades

India plans to increase diesel exports from 2027 as state-run refiners expand capacity, aiming for a total refining capacity of 300 million tonnes per year by 2030.

Venu and Mallika Srinivasan file 8 caveats in Chennai courts

The TVS family is embroiled in a legal battle over asset division, with Mallika Srinivasan and Lakshmi Venu advocating for dialogue to resolve the conflict.

At least 4 Indian banks pause US dollar bond sales

Indian banks are postponing dollar bond issuances due to rising US Treasury yields and increased hedging costs, making overseas borrowing more expensive.

Maruti Suzuki profit falls 26% to ₹2,466cr despite revenue rising

Maruti Suzuki India reported a 26% YoY decline in net profit to Rs 2,466 crore, while revenue increased by 26% to Rs 53,356 crore for the July-September quarter.

JioHotstar launches streaming in Nepal on DGO Mobile and Plus

JioHotstar has launched its streaming services in Nepal by partnering with local platform DGO, offering Indian films, series, and international sports to Nepali audiences.

Krishna Rao and Rahul Patil steer Anthropic toward IPO

Indian-origin leaders like CFO Krishna Rao and CTO Rahul Patil are pivotal in steering Anthropic's growth as it prepares for a landmark IPO.

Swiggy continues delivery-partner insurance with IndusInd General Insurance for 2.5 million

Swiggy has renewed its insurance program for over 25 lakh delivery partners, offering benefits like accidental death cover, hospitalisation, and family health coverage for FY25-26.

Foreign investors take 68% of India institutional Q3 real estate

Foreign investors drove 68% of India's real estate investments in Q3 2026, with data centres attracting 52% of the capital, highlighting a shift towards digital infrastructure.

M K Sons opens IPO October 28 seeking 275.4cr

M K Sons Fine Jewels is set to launch its IPO on October 28, aiming to raise Rs 275.4 crore with a price band of Rs 153-162 per share.

Oil slips below $115 as Saudi and Iran discuss de-escalation

Crude oil prices continued their downward trend on Tuesday, with the global benchmark Brent Crude trading at $114.94 per barrel, a 0.73% decline.

IvyCap leads ₹130cr round in Live2.ai to boost AI platform

Live2.ai, an AI-based platform, raised Rs 130 crore in a pre-Series B round led by IvyCap Ventures to enhance its global operations and technology infrastructure.

Raghuram Rajan urges against using forex reserves to defend rupee

Former RBI chief Raghuram Rajan advises against fixating on a specific rupee level, urging caution in using foreign exchange reserves amid current economic challenges.

Banks demand demonstrable financial strength from AI firms, says JPMorgan

JPMorgan warns that the AI label is insufficient for securing financing, as lenders now demand evidence of a company's ability to fund investments and generate cash flow.

Anthropic flags 'catastrophic risks' from AI ahead of major IPO

Anthropic has warned that advanced AI systems could pose "catastrophic or existential risks to humanity." The warning comes as the firm prepares for its upcoming stock market listing in the US.

Zhang Yiming reclaims China's richest person title following AI focus

Zhang Yiming, founder of ByteDance, reclaimed the top spot on China's rich list with a net worth of $100 billion, driven by his company's advancements in artificial intelligence.

SoftBank affiliate trims Ola Electric stake amid ₹1000cr rights issue

SoftBank's affiliate sold a 1.2% stake in Ola Electric, as the company launches a Rs 1,000 crore rights issue to bolster its financial position.

Piyush Goyal says India EU free trade deal likely 2026

Commerce Minister Piyush Goyal described the India-EU Free Trade Agreement as a "win-win" deal, crucial for India's Viksit Bharat 2047 vision.

Skydance offers voluntary buyouts after $110B Warner Bros Discovery takeover

Skydance is offering voluntary buyouts to some employees as it seeks to reduce costs following its $110 billion acquisition of Warner Bros Discovery.

Swiggy receives buy rating from Emkay Global with ₹310 target

Emkay Global Financial maintains a buy rating on Swiggy, setting a target price of Rs 310, despite increased losses in QCom and Platform Innovation segments.

Tata Motors and Amazon launch 3,000 electric trucks in India

Tata Motors and Amazon have partnered to deploy 3,000 electric trucks for e-commerce logistics in India, with the entire fleet set to be operational within three years.

Cognizant signs 5-year deal to modernize EBRD technology with AI

Cognizant has signed a five-year agreement with the European Bank for Reconstruction and Development to support its technology transformation using AI and automation.

Trade deals unlocking 76% of global GDP for India: Goyal

Commerce and Industry Minister Piyush Goyal has said that India's growing network of trade agreements could significantly boost economic growth, attract investments, and create jobs.

You can now open an NPS account on PhonePe

PhonePe has unveiled a new feature called Tatkal NPS.

DoorDash might buy grocery delivery platform Instacart for around $17B

Food delivery giant DoorDash is said to be in advanced talks to acquire grocery delivery platform Instacart.

Netflix hires former Apple executive to boost podcast catalog

Netflix has hired Steve Wilson, a former Apple Podcasts executive, to lead its podcast content acquisition.

Jio Platforms to list Oct 28 after ₹30,213 cr IPO

Jio Platforms is poised to become India’s second-largest listed company after its IPO, potentially surpassing Bharti Airtel with a market capitalisation of Rs 12.5 lakh crore.

L&T bags contracts for Dhaka metro worth ₹5,000-10,000cr

Larsen & Toubro (L&T) has bagged design-and-build contracts worth ₹5,000 crore to ₹10,000 crore for Bangladesh's first underground metro project.

Blackstone opens 2nd India base in Bengaluru as global hub

Blackstone has launched a global capability centre in Bengaluru to enhance its operational capabilities, managed by Susan Yung, reflecting the firm's long-term commitment to India.

Reserve Bank of India raises rates by 25 basis points

The RBI has subtly increased rates by tightening liquidity, responding to rising crude prices and a depreciating rupee, as reflected in the recent surge in market yields.

Apple iPhone sales in India dropped about 30% during Dussehra

Apple's iPhone sales in India have dropped by up to 30% this festive season, impacted by price hikes and limited discounts.

Gold holds near ₹1.43 lakh as Fed begins 2-day meeting

Gold prices hovered around $4,030 on COMEX, down 0.20%, as the Federal Reserve's two-day policy meeting commenced; silver dipped to an 11-month low at $53.80.

Sebi restores VWAP for derivatives after August CAS volatility

Sebi's updated closing auction session framework aims to boost derivatives trading and brokerage revenues, offering relief to brokers facing income slowdowns.

Invesco launches silver ETF plus FoF that needs no demat

Invesco Mutual Fund has introduced two silver-based investment schemes, open for subscription from October 27 to November 9.

Pakistan imports from India ₹5,876cr up 69% in Q1 2026-27

Pakistan's imports of Indian goods soared by 69% in the first quarter of the 2026-27 fiscal year, despite a ban on direct trade between the two countries.

Skydance enforces full-time office policy after $1B Elon Musk report

Skydance mandates a five-day in-office workweek following Elon Musk's $1 billion investment, as part of cost-cutting measures after acquiring Warner Bros Discovery.

Nifty IT down 1.5% as Anthropic IPO sparks chip rally

Nifty IT index fell 1.5% on October 27, led by declines in Infosys and TCS, as Anthropic's IPO filing boosted sentiment for AI trades and semiconductor stocks surged in Asia.

At least 4 analysts downgraded Infosys after 1-2% growth forecast

Infosys Ltd. received downgrades from four analysts in one day after cutting its annual sales forecast, raising concerns about the impact of AI disruption on its growth prospects.

Anthropic files for IPO, warns advanced AI could enable cyberattacks

Anthropic's IPO filing highlights potential dangers, including AI models going rogue and misuse by malicious actors, posing existential threats to humanity.

Yuan near 4-year high as central bank sets weaker rate

China's yuan remains near a four-year high against the US dollar as the central bank moderates its daily fixing, while global markets anticipate key central bank decisions.

Fitch Ratings: China's AI investments promising but economic boost delayed

Fitch Ratings reports that weak domestic demand and limited monetisation could hinder China's economic gains from AI investments, despite expanding technology applications.

Jio shares to list tomorrow: What current GMP indicates

Jio Platforms, the telecom and digital services arm of Reliance Industries, is all set to make its stock market debut on Wednesday.

Sarvam signs 5-year AI deal with India's Ministry of Defence

AI startup Sarvam has signed a five-year MoU with India's defence ministry to develop AI applications for the armed forces, enhancing indigenous capabilities for national security.

Indian government bonds dip as Brent slips, Fed decision awaited

Indian government bonds improved as oil prices stabilized, while traders remained cautious ahead of the US Federal Reserve's policy decision expected on Wednesday.

Meta plans $95B stock sale to fund AI ambitions

Meta Platforms has announced plans to raise a whopping $95 billion in capital, primarily for its artificial intelligence (AI) infrastructure and superintelligence projects.

Anthropic IPO could set AI valuation standards, boost Indian startups

The upcoming Anthropic IPO is anticipated to set a valuation benchmark for Indian AI startups and potentially unlock global capital, according to venture capitalists.

Gurugram based Sona Comstar to enter robotics with physical AI

Sona Comstar leverages its expertise in motors and sensors to explore opportunities in physical AI and robotics, enhancing its manufacturing capabilities.

Jio Platforms IPO to list October 28 with 22% premium

Jio Platforms IPO investors could see listing gains of nearly 22%, with shares expected to list at Rs 1,365 based on the latest grey market premium.

Sona BLW Precision Forgings pivots to robotics and physical AI

Sona BLW Precision Forgings anticipates battery electric vehicles (BEVs) as a key growth driver, while expanding its focus to robotics and physical AI for future opportunities.

Volkswagen pauses India EV plans awaiting clearer JSW JV plan

Volkswagen AG has paused its electric vehicle investments in India, awaiting clarity on a potential partnership with JSW Group to enhance competitiveness and profitability.

India and EU pursue investment protection and geographical indications pact

Negotiations for an Investment Protection Agreement between India and the European Union are underway, according to Commerce and Industry Minister Piyush Goyal.

Piyush Goyal hopeful on India expanding exports to China

Commerce and Industry Minister Piyush Goyal expressed optimism about India becoming a major exporter of goods and services to China in the coming years.

Anthropic says in SEC filing TSMC disruption could harm business

Anthropic has cautioned that disruptions to Taiwan Semiconductor Manufacturing Company (TSMC) could impact its AI chip supply, posing significant risks to its business operations.

Larsen and Toubro wins Dhaka metro deal up to ₹10,000cr

L&T has won design-and-build orders worth ₹5,000 crore to ₹10,000 crore for Bangladesh’s first underground metro, covering track works and key systems packages.

China industrial profits up 15.5% as AI and electronics surge

China's industrial profits increased by 15.5% in the first nine months of the year, driven by technology-related manufacturing, while traditional sectors lagged behind.

Piyush Goyal meets ASML Nexperia Ingka Group Power2X in Netherlands

Commerce and Industry Minister Piyush Goyal discussed investment opportunities with executives from ASML, Nexperia, Ingka Group, and Power2X during his visit to the Netherlands.

Bank of Baroda launches bob Securities & Giltedge Limited NBFC-ND-ICC

Bank of Baroda's subsidiary, bob Securities & Giltedge Limited, has begun operations as an NBFC-ND-ICC, focusing on government securities and debt capital markets.

Wiscon Industries launches ₹110 cr IPO priced ₹194 to ₹204

Wiscon Industries' Rs 110-crore IPO opens on October 27, 2026, with a price band of Rs 194–204 per share and closes on October 29.

PFRDA delays NPS PoP fees rollout to December 1

The Pension Fund Regulatory and Development Authority (PFRDA) has delayed the revised Points of Presence (PoP) fee structure for the National Pension System to December 1, 2026.

Stanford economists: California 1-time 5% billionaire tax could cost $39B

Stanford-affiliated economists caution that California's proposed billionaire tax could result in a $39 billion net financial loss.

Anthropic's IPO numbers reveal AI's staggering growth and costs

Anthropic, the artificial intelligence (AI) lab behind the Claude chatbot, has filed papers for an initial public offering (IPO) on Wall Street next month.

Indian rupee edges to 95.17 amid oil price, investment uncertainty

The Indian rupee opened 2 paise higher at 95.17 against the US dollar, supported by mild recovery despite elevated crude oil prices and foreign fund concerns.

South Korea's KOSPI jumps over 4% on semiconductor rally

South Korean shares surged over 4% as AI investment optimism and strong semiconductor demand boosted Samsung Electronics and SK Hynix, enhancing investor sentiment.

Mochatrade raises $5.5 million led by CoinFund to upgrade trading engine

Mochatrade has secured $5.5 million in funding to simplify US stock trading for Indian users, allowing trades without a US brokerage account and managing funds in rupees.

SFC Environmental Technologies secures ₹200cr anchor investment before IPO

SFC Environmental Technologies Ltd has successfully raised ₹200 crore from anchor investors as its ₹668-crore IPO opens for subscription, with shares priced at ₹330 each.

Anup Bagchi takes charge as HDFC Bank CEO

Anup Bagchi has officially taken over as the Managing Director and Chief Executive Officer (MD & CEO) of HDFC Bank. He succeeds Sashidhar Jagdishan, whose tenure ended on October 26.

US and Canada seek cuts to steel and car tariffs

The United States and Canada are negotiating to ease tariffs on steel and autos, aiming for a potential agreement before the November 3 midterm elections.

Anup Bagchi replaces Sashidhar Jagdishan as HDFC Bank MD CEO

Anup Bagchi assumes the role of MD & CEO at HDFC Bank, succeeding Sashidhar Jagdishan, with a focus on restoring investor confidence and enhancing growth and profitability.

Goldman Sachs is shaping at least $210B in AI financing

Goldman Sachs co-led Meta's $95 billion offering and structured SpaceX's $40 billion chip deal, securing a lead role in Anthropic's IPO amid the AI investment surge.

HDFC Regalia Gold and SBI Card tighten airport lounge access

Banks are revising complimentary airport lounge access by linking it to spending thresholds and visit caps, reflecting a shift towards usage-based benefits.

Peak XV, Lightspeed seek to back 6 Indian AI startups

Peak XV Partners, Lightspeed, Activate, and General Catalyst are in advanced talks to invest in at least six Indian AI startups, reflecting growing investor interest in the sector.

Gold slips to $4,013.70 as US dollar strengthens before Fed

Gold prices dipped as a stronger US dollar pressured bullion, with investors eyeing the Federal Reserve's policy meeting for interest-rate guidance.

Universal Music Group weighs going private after 29% share drop

Universal Music Group has engaged in preliminary discussions with private equity firms about going private, amid concerns over its declining share price and market valuation.

BLS Polymers opens IPO to raise ₹255cr amid strong demand

BLS Polymers' ₹255 crore IPO opens today, with a price band of ₹142–₹150 per share and a grey market premium indicating positive investor sentiment.

China industrial profits rise 14.4% in September amid AI demand

China's industrial profits rose 14.4% year-on-year in September, marking the strongest growth since June, driven by a manufacturing boom linked to artificial intelligence.

South Korea's Q3 2026 economy grows 1% on chip demand

South Korea's economy expanded by 1% in the third quarter, driven by strong semiconductor exports and increased investment in chipmaking equipment amid a global AI boom.

Anthropic readies record IPO as 1st US pure AI firm

Anthropic's IPO is poised to raise unprecedented funds, potentially surpassing Berkshire Hathaway in market value, while highlighting the rapid growth and risks of the AI sector.

Oil falls as diplomacy raises hopes of averting regional conflict

Oil prices continued to decline as diplomatic efforts raised hopes of preventing a broader US-Iran conflict, with Brent crude trading just below $115 per barrel.

Asian stocks rise on Anthropic IPO buzz before Fed decision

Asian stocks rose as Wall Street gains, driven by Anthropic's IPO filing, boosted investor enthusiasm for AI ahead of major tech earnings and the Federal Reserve's rate decision.

Indian rupee falls to 95.18 per US dollar on Monday

The Indian rupee fell to 95.18 against the dollar on Monday, driven by rising oil prices and persistent importer demand for dollars despite higher hedging costs.

Protectt.ai buys most of Bosch AIShield to secure enterprise AI

Protectt.ai, supported by Bessemer Venture Partners, has acquired a majority stake in AIShield, a Bosch-incubated platform, to enhance security solutions for enterprise AI systems.

Urban Company and Morgan Stanley plan ₹2,500cr QIP for InstaHelp

Urban Company has engaged Morgan Stanley to oversee its Rs 2,500 crore qualified institutional placement, aiming to bolster its InstaHelp segment despite ongoing losses.

Hitachi Ventures ramps up focus on India's deep tech startups

Hitachi Ventures is expanding its investments in India's deeptech sector, focusing on AI, energy, and advanced manufacturing despite high entry valuations and uncertain exits.

Oracle mulls voluntary separation program in India amid AI shift

Oracle is considering extending its voluntary separation program from the US to India as part of a global restructuring, amid significant engineering departures and layoffs.

India's August FDI jumps 67.7% to $11 billion, officials say

Foreign direct investment in India rose 68% to $11 billion in August, with officials optimistic about surpassing the $100 billion mark for FY27.

Blackstone opens 1st global capability center outside US in Bengaluru

Blackstone has launched its first global capability centre outside the US in Bengaluru, aiming to double its investments in India to $100 billion over five years.

BlackBerry announces pivot to AI powered robotics and medical devices

BlackBerry, once a smartphone giant, is now focusing on AI-powered robotics, leveraging its QNX operating system to drive growth in automotive and emerging physical AI markets.

Skydance initiates voluntary exits ahead of layoffs, mandates 5-day-office workweek

Skydance, the media and entertainment company, has announced a voluntary buyout program for select employees.

Microsoft offers voluntary exit option to around 60,000 employees

Microsoft has offered a voluntary exit option to its employees as a way to streamline its workforce.

Supreme Court to decide Ernst & Young US LLP taxability

The Supreme Court will examine Ernst & Young US LLP's appeal against a Delhi High Court ruling that deemed cost-to-cost reimbursements as taxable fees for technical services.

Revivo Clinic in Chennai launches type 2 diabetes remission program

Revivo Clinic in Chennai has introduced a Type II diabetes remission program, focusing on personalised medical care and lifestyle interventions for eligible patients.

FTC and 20 states sue Dollar General for surprise markups

The FTC and 20 states have filed a lawsuit against Dollar General, alleging the retailer overcharged customers by displaying lower prices than those charged at checkout.

Anthropic files for what could be world's biggest IPO ever

Anthropic, the US-based company behind the Claude chatbot, has filed for an initial public offering (IPO).

Why Meta is selling stocks worth almost $35B

Meta Platforms has launched a public offering of nearly $35 billion in common and convertible preferred stocks.

Not just Europeans, Indian pilots are also flying severely fatigued

A recent survey by the European Cockpit Association has revealed that 24% of pilots in Europe have flown while severely fatigued.

Modi government might overhaul LTCG tax on equities soon

The Indian government is likely to take a decision on restructuring the long-term capital gains (LTCG) tax on equities in the coming weeks, as per Moneycontrol.

Pronto founder launches AI start-up Provision Labs in US

Anjali Sardana, the visionary behind home services start-up Pronto, has launched a new artificial intelligence (AI) venture called Provision Labs in the US.

Tata Steel's presence in Netherlands reflects India's industrial footprint: Goyal

Union Commerce and Industry Minister Piyush Goyal has highlighted the growing global presence of Indian businesses.

This green energy firm is planning $394M IPO in India

Sembcorp Industries Ltd, a Singapore-based firm backed by Temasek Holdings, is planning an initial public offering (IPO) for its Indian subsidiary, Sembcorp Green Infra Ltd.

Modi government will use AI to detect fraudulent investor claims

The Indian government is gearing up to use artificial intelligence (AI) technology to detect fraudulent claims made by investors for unclaimed shares, dividends, and matured deposits.

Sensex up 330 points from today's low: What's the reason?

The benchmark indices, Sensex and Nifty, have staged a strong recovery after an early morning slump today.

New LPG rules from November: What consumers need to know

From November 1, new rules for LPG cylinder bookings will come into effect.

Coca-Cola's Indian bottling arm to file IPO papers this week

Hindustan Coca-Cola Holdings (HCCH), the Indian bottling arm of The Coca-Cola Company, is likely to file its draft red herring prospectus (DRHP) with the market regulator this week, according to Moneycontrol.

Central Bank says all accounts safe after ₹14cr fraud reports

The Central Bank of India has assured its customers that their accounts are safe, following reports of unauthorized transactions worth ₹13.97 crore.

India's 1st cooperative sector airline to come up in Kerala

The Kerala government has approved the establishment of an airline by the cooperative sector, Chief Minister V D Satheesan has announced.

Record-breaking IPO of Jio Platforms not lucrative enough for bankers

Jio Platforms, the digital and telecom giant owned by billionaire Mukesh Ambani, has raised a record amount of funds through its initial public offering (IPO).

GST changes from November 1: How they will affect businesses

The Goods and Services Tax (GST) system is all set to witness compliance-related changes from November 1, 2026.

Anthropic sued for using Elvis Presley's music to train AI

Authentic Brands Group, the licensing organization that owns both Elvis Presley's music and likeness, is suing artificial intelligence (AI) company Anthropic.

District might set up dedicated live-event venues in India

Eternal's District is considering investments in dedicated live-event venues.

SoftBank to invest $50B in Malaysia's AI push

SoftBank Group is planning to invest a whopping $50 billion in Malaysia, as part of the country's ambition to become an "AI nation" by 2030.

Jio Platforms IPO allotment today: How to check status online

The initial public offering (IPO) allotment of Jio Platforms is set to take place today.

Why Saudi Arabia plans to store crude oil in Singapore

Saudi Arabia has revealed plans to store crude oil at Singapore's Jurong Rock Caverns from the second half of 2027.

Why India's interim trade deal with US remains stuck

The much-anticipated interim trade deal between India and the US remains stalled.

RBI strengthens India's digital banking security with new facility

Prime Minister Narendra Modi has inaugurated the Reserve Bank of India (RBI)'s Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha.

SpaceX raises $40B in debt to buy AI chips

SpaceX has secured a whopping $40 billion in debt financing, primarily to buy graphics processing units (GPUs).

Apple CEO wants to streamline operations and cut management layers

Apple is restructuring its hardware team under the leadership of CEO John Ternus, with an aim to move beyond some of its longstanding practices.

Navi Mumbai airport-led project to create 15L jobs: Devendra Fadnavis

Maharashtra Chief Minister Devendra Fadnavis has announced that the Navi Mumbai Airport Influence Notified Area (NAINA) project could create 15 lakh jobs, including five lakh high-paying ones.

Indian companies can file annual financial statements till December 31

The Ministry of Corporate Affairs (MCA) has extended the deadline for companies to file their annual financial statements for the fiscal year 2025-26.

Competition Commission of India is now hiring: Check vacancies

The Competition Commission of India (CCI) is looking to fill 41 vacancies in various professional and administrative roles.

Is China a threat to India's solar manufacturing industry?

China's recent move to propose export controls on key solar technologies could impact India's plans for a self-sufficient solar manufacturing supply chain.

Market cap of India's top 8 companies down ₹1.55L crore

The combined market capitalization of eight out of India's top 10 companies fell by ₹1.55 lakh crore last week.

Luxury goods industry to bounce back by 2027: Goldman Sachs

The global luxury goods industry is set for a major recovery by 2027, according to a report by Goldman Sachs.

FPIs pull out ₹48,056cr from Indian equities in October

Foreign portfolio investors (FPIs) have pulled out ₹48,056 crore from Indian equities in October.

IndiGo, Air India Group shift flight operations to Navi Mumbai

IndiGo and the Air India Group have announced plans to shift their flight operations from Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the upcoming Navi Mumbai International Airport (NMIA).

Nearly 1,96,000 tech employees laid off globally this year

The global technology sector is undergoing a major transformation, with companies aggressively cutting jobs as they shift toward artificial intelligence (AI) and operational efficiency.

Chinese smartphone brands' market share in India hits 8-year low

Chinese smartphone brands have witnessed a major dip in their market share in India.

Grocery delivery giant Instacart exploring sale to larger rivals

Instacart, a leading grocery delivery service, is reportedly considering a sale to larger competitors.

SEBI to introduce measures against misuse of proprietary trading terminals

The Securities and Exchange Board of India (SEBI) is working on a framework to prevent the misuse of trading terminals.

Air India suspends flights to Saudi Arabia till November 7

Air India and Air India Express have extended the suspension of their flights to Riyadh and Dammam till November 7.

IDFC FIRST Bank's Q2 profit jumps by 200% to ₹1,044cr

IDFC FIRST Bank has reported a massive jump in its net profit for the quarter ending September 30, 2026.

After Axis, Kotak Mahindra Bank might partner with Apple Pay

Kotak Mahindra Bank is considering a partnership with Apple Pay in the near future, if customer demand for the service remains strong.

AI could add $2.52T to global economy annually, says McKinsey

Artificial intelligence (AI) has the potential to add a whopping $2.52 trillion in annual economic value globally by automating and supporting existing work, a new report from McKinsey has said.

These 5 IPOs will hit India's stock market next week

The Indian primary market is gearing up for a busy week, with five mainboard initial public offerings (IPOs) scheduled to raise a total of ₹2,581 crore between October 26 and 30.

Audi's $4.2B bet gives Trump fresh leverage to defend tariffs

Ahead of the US midterm elections, President Donald Trump is using Volkswagen's $4.2 billion investment in Audi's first US plant in Georgia to defend his tariff policy.

AU Bank's Q2 results: Net profit up 53% to ₹858cr

AU Small Finance Bank has reported a whopping 53% jump in its net profit for the second quarter ending September 30, 2026.

Lulu Group loses ₹1.64cr to email impersonation fraud

Lulu Group, a retail giant, has become the latest victim of an alleged email impersonation fraud.