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District might set up dedicated live-event venues in India
Eternal's District is considering investments in dedicated live-event venues.
ICICI Securities recommends Shriram Finance buy with ₹1,225 target
ICICI Securities recommends a buy rating for Shriram Finance, citing robust Q2FY27 performance with 17% YoY AUM growth and an expanded NIM of 9.52%.
Blackstone backed ASK appoints Akhil Chaturvedi as mutual fund CEO
ASK Investment Managers Ltd., majority owned by Blackstone Inc., has appointed Akhil Chaturvedi as CEO of its mutual fund operations, following regulatory approval for expansion.
ICICI upgrades Adani Energy Solutions to buy, sets ₹1,600 target
ICICI Securities has issued a buy rating for Adani Energy Solutions, setting a target price of Rs 1600, following strong Q2FY27 performance and promising growth prospects.
ICICI Securities recommends Kotak Mahindra Bank buy at ₹520
ICICI Securities recommends a buy rating for Kotak Mahindra Bank, setting a target price of Rs 520, citing strong growth prospects and improved financial metrics.
India's gas import bill rises 23% to $8.5bn H1 FY27
India's natural gas import bill surged 23% to $8.5 billion during April-September FY27, driven by higher energy prices due to the West Asia conflict.
Hindustan Coca-Cola Holdings files $1 billion IPO aiming $10B valuation
Hindustan Coca-Cola Holdings is set to file its draft red herring prospectus with the market regulator this week, aiming for a $1 billion IPO.
Elon Musk warns at least 200 neocloud firms could die
Elon Musk warns that over 200 specialized AI cloud computing companies, known as 'neoclouds', risk collapse or consolidation as access to capital dries up.
Netweb Technologies targets ₹4,000cr revenue by FY27 with 40% growth
Netweb Technologies anticipates surpassing ₹4,000 crore in revenue by FY27, maintaining a 40% growth guidance amid strong demand for AI systems and high-end computing solutions.
SK Hynix may fund $12B special dividend via Kioxia sale
SK Hynix is reportedly considering a $12 billion special dividend, funded by its Kioxia stake sale, as it prepares to announce Q3 results amid investor pressure.
Swiggy shares gain nearly 5% Monday after nearly 17% fall
Swiggy shares rose nearly 5% after a 17% plunge post-Q2 results, as brokerages maintained bullish ratings despite cutting target prices due to widening Instamart losses.
Colliers report: AI to create specialized roles across Asia Pacific
AI is fundamentally reshaping the workforce by creating new, specialised roles and increasing cross-functional teams, with the biggest risk being a lack of strategic planning.
Government to deploy AI to spot fake investor refund claims
The government plans to deploy 12 AI services to detect fraud in 2.9 lakh investor refund claims, aiming to verify applicant identity and entitlement before authorizing refunds.
Petroleum Ministry implements Aadhaar verification for Indane HP Gas Bharatgas
Starting November 1, 2026, stricter Aadhaar-based authentication for subsidised LPG refills and potential price changes will affect household budgets and the booking process.
India partners with Port of Rotterdam to digitize cargo operations
India aims to enhance its port capacity by working with Rotterdam port authorities to digitalise cargo processes, improving ship turnaround times and cargo evacuation speed.
IFSC nod allows US stocks and ETFs via GIFT City
Indian investment platforms like Groww, Zerodha, and Angel One are broadening access to US stocks and ETFs, leveraging approvals from IFSCA via GIFT City.
Indian brands use AI for quicker cheaper personalized festive ads
This festive season, Indian brands are increasingly adopting AI to produce campaign assets, aiming for faster execution and reduced costs during the peak shopping period.
Five Indian IT firms add 13,918 employees in September quarter
India's top IT firms, including TCS, Infosys, and HCLTech, added 13,918 employees in the September quarter, marking a significant increase from previous quarters.
Microsoft exits Nscale Essex data center deal citing grid delays
Microsoft has exited a major data centre agreement with Nscale in Essex due to prolonged electricity grid delays, impacting the UK's AI infrastructure expansion plans.
Japan 10-year yield 2.810% as investors eye BOJ and Fed
Japanese government bond yields increased as investors evaluated monetary policy prospects before key meetings by the Bank of Japan and the US Federal Reserve.
Indian startups worry about who controls their cloud data
Indian startups are scrutinizing cloud providers due to concerns over data sovereignty and legal jurisdiction, as most infrastructure is controlled by foreign entities.
AI drives Q2 2026 gains at India's biggest IT companies
India's leading IT companies, including Tata Consultancy Services and Infosys, reported significant growth in Q2 earnings, driven by a surge in demand for AI services.
Nineteen banks took about 0.65% fees on Jio's $3.1bn IPO
Jio Platforms raised $3.1 billion in its record IPO, but intense competition among investment banks kept fees low at approximately 0.65% of the issue size.
Oil drop and US Treasuries ease Indian government bond yields
Indian government bonds rose in early trading as oil prices declined and US Treasuries advanced, easing concerns over inflation and Reserve Bank of India's rate decisions.
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.
BOTS.Ai warns India will face mid level talent shortage 2030
By 2030, the scarcity of experienced professionals may surpass that of AI engineers, warns Nikhar Arora, Director of BOTS.Ai, as automation limits on-the-job learning.
Jio Platforms IPO priced at ₹1,119 and subscribed 22.2 times
Jio Platforms has set its IPO price at Rs 1,119 per share after being subscribed 22.2 times, achieving an implied valuation of Rs 10.3 lakh crore ahead of its October 28 listing.
Tonbo Imaging India shares jump over 17% on debut
Tonbo Imaging India shares soared over 17% on 26 October, climbing approximately 90% above their IPO price, reflecting robust investor interest and strong market performance.
Motilal Oswal upgrade lifts BSE 4% and projects 24% upside
BSE shares rose 4% after Motilal Oswal upgraded the stock to 'Buy', projecting a potential 24% upside due to improved turnover and favorable market conditions.
Anand Rathi calls Havells India a buy, sets ₹1,285 target
Anand Rathi recommends a buy on Havells India, citing strong Q2FY27 performance with 35% revenue growth and a target price of Rs 1,285.
Brent crude above $114 after Houthi attacks on Saudi Arabia
Brent crude prices have stayed above $110 per barrel for nearly a week, driven by geopolitical tensions and persistent supply concerns impacting global energy markets.
Rupee falls to 94.98 against US dollar after oil rises
The rupee fell 3 paise to 95.01 against the US dollar as crude oil prices surged beyond $115 per barrel, increasing pressure on the Indian currency.
Japan's Nikkei 225 drops 3rd day as Topix rises
Japan's Nikkei 225 fell 0.43% for the third consecutive session, driven by declines in chip-related stocks, despite a rise in energy shares amid fluctuating global markets.
Alphabet Microsoft and Amazon earnings test AI investments amid Fed
US stock investors brace for a pivotal week with major technology earnings and the Federal Reserve's policy decision set to challenge market resilience amid AI spending concerns.
Emkay Global gives Tata Motors a buy, sets ₹550 target
Emkay Global Financial recommends a buy on Tata Motors, setting a target price of Rs 550, driven by strong revenue growth and strategic cost management despite commodity headwinds.
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.
Kotak Mahindra Bank shares rise over 2% after strong Q2
Kotak Mahindra Bank shares surged over 2% following robust Q2 earnings, prompting JPMorgan to raise its target price to Rs 492, citing strong operating performance.
Sensex and Nifty make quick Monday comeback after tough week
Sensex surged 800 points from its day's low, while Nifty climbed above 22,650, driven by value buying and easing crude oil prices.
KPMG says India's digital and AI skills could be exports
India can export its digital infrastructure and AI expertise, but achieving 8–10% economic growth is challenging amid rising global protectionism, according to KPMG's Dean Grandy.
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.
Gold rises to $4,009.87 after oil drop eases inflation concerns
Gold prices rose 0.4% as declining oil prices eased inflation concerns, while investors anticipate the Federal Reserve's policy decision later this week.
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.
Sterlite targets ₹20,000cr by FY29 with AI data center push
Sterlite Technologies aims for ₹20,000 crore in revenue by FY29, bolstered by a strong order book and increased focus on AI data centers, raising its EBITDA margin guidance to 30%.
GMO Internet and Park24 compensate customers after personal data breaches
Japanese companies, including GMO Internet Group, are compensating users following cyberattacks that disrupted services and exposed weaknesses in customer data protection.
SpaceX raises $40B in debt to buy AI chips
SpaceX has secured a whopping $40 billion in debt financing, primarily to buy graphics processing units (GPUs).
Sensex falls 284.62 points to 72,839.21 and Nifty below 22,500
The domestic equity markets opened lower on October 26, with the Nifty falling 0.45% to 22,499.25 and the Sensex dropping by 284.62 points to trade at 72,839.21.
Apple CEO wants to streamline operations and cut management layers
Apple is restructuring its hardware team under the leadership of CEO John Ternus, with an aim to move beyond some of its longstanding practices.
Indian rupee opens 94.93 per US$ edging closer to 95
The Indian rupee opened weaker at 94.93 per US dollar, pressured by high crude oil prices and diminishing foreign fund inflows, raising concerns about breaching the 95 mark.
LTTS signs 5-year Nokia deal to expand R&D in India
L&T Technology Services has signed a five-year contract with Nokia to support engineering and R&D activities in India, establishing a dedicated Offshore Development Center.
TCS, Tech Mahindra and HCLTech advance AI agent governance
Indian IT giants like TCS, Cognizant, HCLTech, and Tech Mahindra are capitalizing on the growing demand for AI governance tools to manage and secure autonomous digital agents.
Indian rupee opens at 94.93 as exporters sell US dollars
The Indian rupee opened flat at 94.93 per dollar, while Asian currencies showed mixed performance against the US dollar on October 26.
Meta issues non-voting Class C shares preserving Mark Zuckerberg's control
Meta is issuing a new Class C stock to all shareholders after CEO Mark Zuckerberg expressed concerns about potentially losing voting control due to tax obligations.
SpaceX secures $40B debt to buy NVIDIA GPUs for AI
SpaceX has raised $40 billion in debt financing to purchase Nvidia AI chips, leveraging its investment-grade status and revenue from Starlink and launch services.
About 550 Asian firms report earnings amid AI scrutiny
This week, around 550 companies in the MSCI Asia Pacific Index report earnings, testing if AI investments are translating into profits amid recent market selloffs.
Luiz Inacio Lula da Silva re-elected president as markets tumble
Brazilian financial markets experienced a sharp sell-off following President Lula's re-election, as investors preferred challenger Flávio Bolsonaro.
EAAA India Alternatives opens ₹1,200-cr IPO at ₹1,585 to ₹1,665
The ₹1,200-crore IPO of EAAA India Alternatives Ltd., backed by Edelweiss Financial Services, opens today with a price band of ₹1,585–₹1,665 per share.
UTI launches Nifty India New Age Consumption Index Fund
UTI Mutual Fund has introduced the UTI Nifty India New Age Consumption Index Fund, a passive equity scheme replicating the Nifty India New Age Consumption Total Return Index.
Gold falls 0.2% to $3,987.45 per ounce amid Fed worries
Gold prices remain near a three-month low as investors anticipate the Federal Reserve's policy meeting, with interest rate hike expectations influencing market sentiment.
Oil slips just over 1% as WTI $101.5 Brent $115.1
Crude prices fell over 1% after reaching six-month highs, with WTI at $101.5 per barrel and Brent at $115.1, as geopolitical tensions continue to influence market dynamics.
US Federal Reserve expected to pause rates before midterm elections
The US Federal Reserve is anticipated to hold interest rates steady at its upcoming meeting, despite persistent high inflation, as midterm elections approach.
Asian Brent $115.35 and WTI $102 fall amid U.S.-Iran tensions
Oil prices fell as overbought technical indicators suggested a pullback, while ongoing US-Iran tensions and regional conflicts kept markets volatile.
Asian markets slip as AI worries weigh on tech earnings
Asian stocks fell in early Monday trading, with investors cautious ahead of major tech earnings and central bank decisions, as the AI trade faces mounting pressure.
Global AI firms tap Indian data centers for overseas customers
Global AI companies are leveraging Indian data centres to meet international demand, driven by delays in securing power and capacity in other regions.
Momo Foods to raise ₹250-300cr for India expansion, eyes IPO
Wow! Momo Foods is planning a ₹250-300 crore fundraise to support its restaurant expansion in India and overseas, while preparing for a potential IPO within 18-24 months.
Bengaluru-based Eloelo nears $50 million-$60 million raise led by Hornbill Capital
Eloelo is nearing the closure of a $50-60 million funding round, led by Hornbill Capital, valuing the company at approximately $400 million.
Unacademy founders launch Longshot Capital for AI and deep tech
Unacademy founders Gaurav Munjal and Roman Saini are raising a Rs 700-crore venture capital fund focused on AI and deep technology startups, named Longshot Capital.
BlackRock waits for clarity before investing in Indian stocks
BlackRock Investment Institute remains cautious on Indian equities, citing uncertainties in corporate earnings and energy prices despite more attractive valuations.
Apple Operations India reports ₹650cr software development revenue in FY26
Apple Operations India generated ₹650 crore from software development in FY26, marking a significant expansion of its role as a global engineering and support hub.
PM Modi opens RBI sovereign data center and cybersecurity institute
RBI governor Sanjay Malhotra emphasized the importance of maintaining secure, sovereign data centres to enhance the resilience of India's financial system as technology evolves.
EPFO plans ₹25,000 cr reserve to protect provident fund interest
EPFO is considering a Rs 25,000-crore Interest Stabilisation Reserve to protect its members' annual interest payouts from market volatility and corporate bond defaults.
Competition Commission of India to hire 41 staff on deputation
The Competition Commission of India (CCI) plans to hire 41 professionals and administrative staff across its main office and investigation arm.
NBFCs seek 5 years to adapt to IRDAI commission caps
Non-Banking Financial Companies (NBFCs) have requested a five-year transition period from IRDAI to gradually reduce insurance commission rates, citing high distribution costs.
Citibank India CEO K Balasubramanian urges rethink of AI narrative
K Balasubramanian, CEO of Citibank India, highlights that India's limited AI advancements hinder foreign investment, emphasizing the need for a shift in the global AI narrative.
Sonu Sood leases Versova Mumbai space to Bokka Coffee 3.52cr
Actor Sonu Sood has secured a five-year lease deal worth ₹3.52 crore by leasing his Versova property to Bokka Coffee, ensuring rising rental income through annual escalations.
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.
Kotak Mahindra Bank's Q2 FY27 profit jumps 26% to ₹5,645cr
Kotak Mahindra Bank has reported a consolidated net profit of ₹5,645 crore for the second quarter ending September 30, 2026.
Why OpenAI and Sam Altman have been sued by Texas
Texas Attorney General Ken Paxton has filed a lawsuit against OpenAI and its CEO Sam Altman.
Xbox's 1st-ever COO, Helen Chiang, quits after just 3 months
Helen Chiang, Microsoft's first Chief Operating Officer (COO) for Xbox, is leaving the company after just three months in her new role.
SpaceXSI is coming for Verizon, T-Mobile, AT&T in the US
SpaceXSI is looking to enter the mobile carrier market by leveraging at least 80,000 cell sites in the US.
US lifting tariffs on some Canadian goods ahead of elections
The Donald Trump administration has announced the removal of some 50% tariffs on Canadian goods, just two weeks before the midterm elections.
Why Boeing has stopped making 777 freighter for 2 months
Boeing's production of the 777 freighter has been stalled for nearly two months, thanks to a dispute with a small Florida-based supplier.
BPCL swings to ₹4,993cr profit in Q2 FY27
Bharat Petroleum Corporation Limited (BPCL), a state-owned oil and gas company, has reported a standalone net profit of ₹4,993.17 crore for the September quarter of FY27.
India's private sector activity hits 4-month high in October
India's private sector activity witnessed a significant surge in October, marking its fastest growth in four months.
Jio IPO sets global record with over 1 crore applications
Jio Platforms Ltd's initial public offering (IPO) has set a new global record by receiving over one crore applications.
Westside charges ₹49 for credit card payments: Is it legal?
Westside, a leading retail chain, has come under fire for charging a flat "convenience fee" of ₹49 on all in-store credit card transactions.