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India H1 FY27 IPOs led by B2B and enabling sectors
India's IPO market is diversifying, with 82% of recent mainboard IPOs in FY27 originating from B2B and emerging sectors, reflecting a shift away from consumer-facing companies.
Flipkart logs highest daily users during Big Billion Days kickoff
India's 2026 festive ecommerce season has begun robustly, with Flipkart's daily active users reaching a new high during its Big Billion Days sale, according to a BofA report.
Yuan hits 4 year high on exports and weak dollar
China's onshore yuan reached a four-year high against the US dollar, driven by strong export performance and a weaker dollar, gaining 4.7% so far in 2026.
Sensex down 600 points and Nifty dips below 22,950
Sensex fell 600 points from the day's high, while Nifty slipped below 22,950 due to profit booking, elevated crude prices, and technical resistance at key levels.
Southeast Asia digital economy $368B as AI lifts online spending
Artificial intelligence is driving Southeast Asia's digital economy, with online spending projected to rise 17% this year, reaching $368 billion, despite economic challenges.
Indian markets rally as Sensex jumps and Nifty crosses 23,000
Sensex rose 514 points while Nifty reclaimed 23,000 on October 21, driven by strong buying in IT shares and a rise in Reliance Industries stock.
Sensex jumps 821.42 points after Dussehra on IT and Jio
The Sensex surged over 800 points as IT stocks led gains, Reliance Industries rose with Jio Platforms' IPO, and investors bought large-cap stocks after recent declines.
TSMC building Japan 3-nanometer chip factory estimated over $23 billion
TSMC plans to produce advanced 3nm semiconductors at its second Japan factory, with total investment expected to exceed USD 23 billion.
India's office stock rises 7% to 917.7 million square feet
India's occupied office stock across eight major markets has risen 7% year-on-year to 917.7 million sq ft, with Bengaluru leading and Hyderabad showing the fastest growth.
UBS: Big Tech spending over $1 trillion for AI infrastructure
Major technology companies are projected to invest over USD 1 trillion in AI infrastructure by 2027, significantly boosting US economic growth, according to a UBS report.
Sensex up 550 as Trump, Rubio hint India-US trade deal
Sensex surged over 500 points as optimism grew around a potential India-US trade deal, while Nifty gained 150 points amid positive global cues and stable oil prices.
Indian rupee ₹94.79 opens amid expected Jio Platforms IPO cash
The rupee strengthened by 14 paise to 94.79 against the dollar, supported by expected inflows from Jio Platforms' IPO and a softer dollar index.
Sensex gains 528 points, Nifty tops 23,000 on IT
The Sensex surged 528 points to 74,381.08, while the Nifty rose 0.63% to surpass the 23,000 mark, driven by gains in IT and banking stocks.
Sensex up 400 points, Nifty above 23,000, Infosys jumps 2%
Sensex opened 400 points higher, while Nifty surpassed the 23,000 mark. Infosys shares saw a 2% increase as private banks declined post-Q2 results.
India posts $863.1bn exports in FY26 with Q4 $7.1bn surplus
India's exports reached a record $863 billion in FY26, driven by a strong services sector, reducing the current-account deficit to 0.6% of GDP and aiming for a durable surplus.
NDB Wealth says gold could reach $4,200-$5,000 within 2 years
Gold prices may remain elevated between $4,200 and $5,000 per ounce over the next 12-24 months due to strong central bank purchases and robust Asian investor demand.
Indian rupee at ₹94.78 after 8-day rally amid Jio inflows
The Indian rupee opened higher at 94.78 per dollar, marking its eighth consecutive day of gains, supported by Jio Platforms IPO inflows and Reserve Bank of India's backing.
Indian markets likely higher amid Jio Platforms IPO subscription buzz
Indian shares are set to open higher as GIFT Nifty futures indicate gains, with the Jio Platforms IPO subscription starting today.
US blacklists Shanghai Zhisuan Technology over Google trade secrets theft
The US has blacklisted a Chinese venture capital firm founded by ex-Microsoft scientist Lu Qi, penalising it for financing a startup linked to stolen Google AI secrets.
Jio Platforms opens IPO today seeking ₹30,213cr India's largest issue
Jio Platforms' IPO, India's largest-ever, opens today aiming to raise Rs 30,213 crore. Analysts are optimistic about its market leadership and growth potential.
Fatih Birol says oil prices may remain volatile through 2027
The International Energy Agency's head, Fatih Birol, foresees continued disruption in the oil market into 2027 due to ongoing conflicts in West Asia impacting supply and prices.
Spot gold slips to $4,118.64 as Fed meeting looms
Gold prices edged lower as investors focused on the Federal Reserve's upcoming interest rate decision, with expectations for rates to remain unchanged this month.
South Korea working-day adjusted exports jump 65.9% on AI chips
South Korea's exports soared in early October, driven by robust global demand for AI chips, as the nation braces for the central bank's upcoming interest rate decision.
Sun Pharma set to buy Organon for $11.75bn, raise ₹10,000cr
Sun Pharmaceutical Industries plans to raise ₹10,000 crore through rupee-denominated bonds to refinance bridge loans for its $11.75 billion acquisition of Organon.
Japan exports climb 16.7% in September on AI chips, cars
Japan's exports rose 16.7% in September, driven by strong demand for semiconductors and cars, while imports increased 18.9%, resulting in a ¥536 billion trade deficit.
US seeks to double trade with India to over $500bn
The United States plans to double its bilateral trade with India to over $500 billion within three years, following a record $240 billion, according to Ambassador Sergio Gor.
Asian stocks rise on AI optimism as Kospi rebounds 1.9%
Asian shares and US equity-index futures rose as strong earnings from AI beneficiaries boosted tech trade optimism, with the MSCI Asia Pacific Index climbing 0.6%.
European gas prices fall after near €90 peak amid profit-taking
European natural gas prices fell sharply after reaching €90, a four-year high, as traders took profits amid ongoing geopolitical tensions and low regional inventories.
Simplismart seeks $40 million-$50 million funding as valuation may hit $300 million-$400 million
Simplismart, an AI infrastructure startup, is negotiating to raise $40-50 million, potentially tripling its valuation to $300-400 million.
ESDS Software lists, eyes $5B by 2031 from GPU rentals
Nashik-based ESDS Software Solution aims for $5 billion in revenue within five years by renting high-performance chips crucial for AI, following a successful public listing.
Indian IT firms scout US, UK, Europe AI, analytics targets
Indian IT firms are actively seeking acquisitions of companies with $20 million to $60 million in annual revenue in the US and Europe to enhance their AI capabilities.
Netflix shares fall 7% in after-hours trading, forecasts 11% growth
Netflix shares plummeted 7% in extended trading after the company warned of a continued slowdown in revenue growth, disappointing investors with its fourth-quarter guidance.
SpaceX and Tesla boards set merger committees, Elon Musk recuses
SpaceX and Tesla have established special committees of independent directors to explore a potential merger, initiated at the request of shareholders, according to CEO Elon Musk.
Silicon Valley investment scam exposed, investors lose more than $500 million
Investors lost over $500 million to scammers in Silicon Valley, who used fake projections and false bank statements to exploit the AI gold rush, federal prosecutors revealed.
India private equity and venture capital near $39B in 2026
India's private equity and venture capital investments are set to surpass last year's $39 billion, driven by strong interest in infrastructure and domestic manufacturing sectors.
Trump unveils $25 million whistleblower program, says he will intervene
US President Donald Trump announced a $25 million initiative offering up to $30,000 for tips leading to fraud convictions involving federal programs.
CFTC launches 1st Frontier Forum to examine AI's market impact
The U.S. Commodity Futures Trading Commission will host its first "Frontier Forum" on October 28, focusing on AI's impact on derivatives markets and agentic finance.
SpaceX reports 161% Q3 revenue boost, $4.4B net income
SpaceX reported a 161% increase in third-quarter revenue, surpassing analyst expectations, driven by growth in its Starlink satellite-internet and expanding AI business operations.
WTI and Brent fall on optimism over US Iran progress
Crude oil prices dropped as traders anticipated diplomatic progress between the U.S. and Iran, despite recent escalations in tanker attacks and strikes on Saudi Arabia.
Tiger TV and Brew TV enter crowded Indian OTT market
India's OTT market is expanding with new platforms like Tiger TV and Brew TV, but converting viewers into sustainable revenue remains a significant challenge.
FAA approves Boeing 737 MAX 10 after engineering tweaks
The FAA has approved Boeing's 737 Max 10, the largest model in its aircraft family, after years of delays due to safety reviews and engineering changes.
SP Group seeks ₹25,000 cr buyback of Tata Sons shares
The Shapoorji Pallonji Group is urging Tata Sons to prioritize a proposal for a Rs 25,000 crore share buyback to address its urgent need for funds to repay debt.
Eric Schmidt reportedly owns about 1% of Anthropic since 2021
Eric Schmidt reportedly owns about 1% of Anthropic, which is approximately half the stake held by CEO Dario Amodei, who owns 2%.
CBDT mandates Form 173A for government securities tax exemptions
The Central Board of Direct Taxes now requires taxpayers to disclose detailed information on government securities to claim exemptions, enhancing transparency and compliance.
Jio Platforms IPO opens tomorrow: Here's how to apply
Jio Platforms, India's leading telecom company, is gearing up to launch its initial public offering (IPO) on October 21.
How UK plans to break Apple's dominance in contactless payments
UK's competition regulator, the Competition and Markets Authority (CMA), has proposed measures to reduce Apple's dominance in the contactless payments space.
Cognizant and Google Cloud to promote agentic AI adoption
Cognizant and Google Cloud have expanded their partnership to promote the adoption of agentic artificial intelligence (AI).
BMW might pay you ₹7cr to leave the company
BMW has launched a voluntary exit program, offering its employees severance packages of up to €650,000 (roughly ₹7 crore).
Qualcomm to lay off employees worldwide in performance-focused cuts
Qualcomm, one of the world's leading smartphone chipmakers, has announced a global job cut as part of a "performance-focused reduction."
US will discuss processing Venezuelan crude with Reliance: Rubio
United States Secretary of State Marco Rubio has said that the United States will be discussing with Mukesh Ambani-owned Reliance Industries about refining more Venezuelan crude.
India's online retail market to exceed $90 billion in 2026
India's online retail market is set to witness a major boom, with projections estimating it will exceed $90 billion by 2026.
Kospi crashes another 5%, now down 40% from peak
South Korea's benchmark KOSPI index has witnessed another crash, falling by 5%. The fall comes as a result of a chip-led sell-off in artificial intelligence (AI) stocks.
Disney asked Character.AI to go bankrupt to avoid legal baggage
Disney reportedly required Character.AI to go through bankruptcy proceedings as part of a deal to acquire access to its technology and hire much of its staff, according to court filings reviewed by WIRED.
Musk to distribute SpaceX shares to children through Trump Accounts
Elon Musk has announced his plan to give one of his SpaceX shares to "every kid in America" next year.
Chinese billionaires might face taxes on offshore holdings worth $140B
China's wealthiest billionaires could be facing a potential crackdown on holdings of nearly $140 billion.
Anthropic might announce another $45B compute deal with Nscale
Anthropic and AI infrastructure provider Nscale are in talks for a second $45 billion compute deal.
Why Micron workers in Taiwan are going on strike tomorrow
Workers at a Micron Technology plant in Taiwan are gearing up for a strike tomorrow.
OpenAI targets $30B at $1.4 trillion valuation
OpenAI is fast-tracking a major fundraising round, hoping to secure investor commitments before rival Anthropic's public market debut in mid-November.
Eric Schmidt's 1% Anthropic stake could be worth $20 billion
Former Google CEO Eric Schmidt owns a 1% stake in Anthropic, a leading AI start-up. The investment was made during the company's Series A funding round.
Jio raises ₹8,110cr from anchor investors ahead of IPO
Jio Platforms, the parent company of Reliance Jio Infocomm, has raised ₹8,109.84 crore from 212 anchor investors.
India-NZ FTA kicks in: What gets cheaper for you
The Free Trade Agreement (FTA) between India and New Zealand has come into effect from today.
Musk's $158B Tesla pay faces shareholder vote in December
Tesla has scheduled a shareholder meeting on December 3 to decide on the re-election of CEO Elon Musk, board chair Robyn Denholm, and director JB Straubel for another three-year term.
Bajaj Finance's Q2 net profit jumps 29% to ₹6,266cr
Bajaj Finance has reported a whopping 29% jump in its net profit for the quarter ended September 30, 2026.
OYO parent might launch its IPO in November
Prism, the parent company of hospitality platform OYO, is gearing up to launch its initial public offering (IPO) in November.
RBI conducts ₹1L crore VRR auction to enhance banking liquidity
The Reserve Bank of India (RBI) has conducted a ₹1 lakh crore Variable Rate Repo (VRR) auction today.
Diwali Muhurat Trading session on November 8: Check timings
The Bombay Stock Exchange (BSE) has announced the schedule for the Diwali Muhurat Trading session in 2026.
IDBI Bank employees to go on hunger strike in November
IDBI Bank employees have announced a two-day nationwide hunger strike on November 2 and 3.
Is Waymo a threat to national security of US?
Waymo, the self-driving car subsidiary of Alphabet, has placed an order for thousands of Chinese-made electric vehicles (EVs) to expand its US robotaxi fleet.
Volkswagen might freeze salaries of all employees until 2030
Volkswagen, the German automotive giant, is planning to freeze salaries for its 660,000 employees worldwide until 2030.
How NPS Central portal lets you manage your pension account
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new digital platform, NPS Central.
India's engineering exports on track to hit record $150B
India's engineering exports are on course to hit a record high of $150 billion in the current fiscal year, according to Pankaj Chadha, Chairman of the Engineering Export Promotion Council (EEPC).
Foxconn buys 50% stake in Mitsubishi's EV unit for $727M
Taiwanese tech giant Foxconn has announced its plan to acquire a 50% stake in Mitsubishi Electric Corp's automotive-components business.
Why Apple CEO is on TIME's Best Inventions 2026 cover
Apple's newly appointed CEO, John Ternus, has made it to the cover of TIME magazine's annual Best Inventions of 2026 issue.
Global freight rates soar 130% since February
Global container freight rates have skyrocketed by a staggering 130% since February 2026, largely due to the ongoing tensions in the Middle East.
Jio Platforms, Paras Healthcare IPOs lead market activity this week
The primary market this week will be dominated by the highly anticipated ₹30,188 crore initial public offering (IPO) of Jio Platforms.
Jio IPO draws record ₹2.5 lakh crore anchor demand
Jio Platforms' initial public offering (IPO) has witnessed an unprecedented institutional demand of around ₹2.5 lakh crore.
Musk to give every US child a SpaceX share
Elon Musk has announced his plan to give a share of SpaceX stock to every child in the United States in 2027.
Indian investors lose nearly ₹5L crore in stock market crash
The Indian stock market witnessed a major downturn today, with the Sensex crashing by over 900 points and the Nifty falling by nearly 300 points.
Ixigo shares soar 13% after reporting all-time high quarterly profit
Ixigo, a leading travel booking platform, has witnessed a massive spike in its stock value after reporting an all-time high quarterly profit for Q2.
Amazon may cut 5,000 US contract jobs, close 15 warehouses
Amazon is planning to lay off up to 5,000 workers in the US, The New York Post reported.
India-New Zealand trade deal kicks in October 20
The India-New Zealand Free Trade Agreement (FTA) will come into effect on October 20. The trade pact seeks to boost bilateral commerce, investment, and economic ties between the two nations.
PhonePe rebrands Share.Market as PhonePe Invest
PhonePe, India's leading payments company, has rebranded its stockbroking platform Share.Market as PhonePe Invest.
Indian stock market to remain closed tomorrow for Dussehra
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed tomorrow in observance of Dussehra or Vijayadashami.
Why Hyderabad has become preferred destination for GCCs in India
Hyderabad is quickly becoming a preferred destination for Global Capability Centers (GCCs), with 45% of the new Indian GCCs setting up shop in the city.
India's sugar stocks down 6% today: What's the reason?
Shares of sugar firms fell up to 6% today after the Indian government ordered oil marketing companies to stop diverting sugar for ethanol production.
US very close to finalizing India trade deal: Marco Rubio
US Secretary of State Marco Rubio has said that the United States is very close to finalizing a trade deal with India.
Urban Company's shares fall over 7%
Urban Company's shares fell by over 7.5% today, making it the worst performer in the Nifty 500 index.
'Google now kisses my a##': Trump
US President Donald Trump made a bold claim during a rally in Highland Heights, Kentucky.
Disney to hire majority of bankrupt chatbot start-up Character.AI's employees
Disney has agreed to hire the majority of employees from Character.AI, a chatbot start-up that recently filed for bankruptcy.
China's economy grows 4.5%, beating expectations
China's economy grew by 4.5% year-on-year in the third quarter, surpassing market expectations of 4.4%.
Sensex slips over 300 points: What's behind today's decline?
The Indian stock market opened on a negative note today, with the BSE Sensex and NSE Nifty both trading lower.
Oil prices fall to $108 after hitting 5-month high
Oil prices fell slightly on Monday, after hitting a five-month high.
Weak rupee to delay India's $5T goal to 2029: IMF
India's ambition of becoming a $5-trillion economy has been pushed back by a year, owing to the depreciation of its currency.
Samsung, SK Hynix fall over 4% as DeepSeek spooks markets
South Korean stocks have resumed their downward trend, with the benchmark Kospi index falling as much as 3.2%.
Excess liquidity, easy exits hurting India's equity market: Nirmala Sitharaman
India's Finance Minister Nirmala Sitharaman has attributed the underperformance of the country's equity market to excess liquidity and easy exits.
Anthropic puts 5% of its shares into public benefit fund
Anthropic, a leading artificial intelligence (AI) company, will allocate 5% of its shares to a new public benefit fund.
Microsoft pulls out of data center deal in UK: Report
Microsoft has pulled out of a data center deal with British cloud provider Nscale, The Telegraph reported.
Go-Delhi Foundation approved: How it will help start-ups
The Delhi Cabinet has approved the establishment of the Go-Delhi Foundation, a new initiative aimed at promoting innovation and entrepreneurship in the national capital.
Eating out in Mumbai is about to become costlier
The Indian Hotel and Restaurant Association (AHAR) has announced that restaurant menu prices in Mumbai are likely to increase by 10-15% during the festive season.
DLF plans ₹58,000cr in housing launches over next 2-3 years
India's largest real estate company DLF Ltd has announced plans to launch housing properties worth ₹58,000 crore over the next two to three years.
SoftBank in talks to acquire security giant Allied Universal
SoftBank Group is in early-stage talks to acquire Allied Universal, one of the world's largest private-security firms.
Accenture mulls $1.5B sale of its China operations
Accenture, the world's largest publicly traded IT consultancy, is considering a potential $1.5 billion sale of its Chinese operations, Financial Times reported.
Centre caps margins on cancer drugs, prices to fall 70%
The National Pharmaceutical Pricing Authority (NPPA) has announced a major move to make cancer treatment more affordable in India.
Pakistan's global financial leadership claim debunked by ex-IMF director
Krishnamurthy V Subramanian, India's former executive director at the International Monetary Fund (IMF), has dismissed Pakistan's claim of returning to global financial leadership as a "historic milestone."
How China's export controls affect India's solar manufacturing efforts
China has proposed export controls on 12 technologies used in the production of solar equipment.
Why Vedanta has invested $600M in South Africa
Vedanta has announced a major expansion of its zinc production capacity in South Africa.
Indian refiners' fuel exports to West up 43% in September
Refineries in India, Turkiye, and Brunei, including the Jamnagar facility owned by Reliance Industries, have witnessed a significant increase in fuel exports to Western countries.
India's top 9 firms add ₹3.65L crore in market cap
The combined market capitalization of nine out of the top 10 most valued companies in India jumped by ₹3.65 lakh crore last week.
How NTPC plans to boost India's nuclear power capacity
State-owned power giant NTPC is gearing up to conduct feasibility studies for proposed nuclear power projects in several Indian states, including Uttar Pradesh.
Upcoming IPOs: Jio Platforms, Paras Healthcare opening on October 21
India's primary market is gearing up for a major week, with two companies looking to raise a combined ₹31,663 crore through initial public offerings (IPOs).
Why Maharashtra FDA suspended licenses of Reliance, Blinkit, Zomato warehouses
The Maharashtra Food and Drug Administration (FDA) has suspended the licenses of five warehouses operated by Reliance Consumer Products, Reliance Retail, Zomato Hyperpure, and Blinkit.
IPO-bound Jio Platforms enters global top 20 patent filers
Jio Platforms has made a major leap in the World Intellectual Property Organization's (WIPO) ranking of international patent filers under the Patent Cooperation Treaty (PCT).
Airtel introduces 3 voice-only prepaid recharges ahead of TRAI deadline
Bharti Airtel has launched three new voice-only prepaid recharge plans, just days before the Telecom Regulatory Authority of India (TRAI) deadline.
Jio IPO to give investors peek into company's standalone business
Jio Platforms is gearing up for its Initial Public Offering (IPO), a move that could significantly boost its market presence.
FSSAI issues notices to Nestle, Hindustan Unilever over misleading claims
The Food Safety and Standards Authority of India (FSSAI) has issued notices to Nestle India and Hindustan Unilever over misleading claims.
Foreign investors withdraw ₹52,100cr from Indian equities in October
Foreign Portfolio Investors (FPIs) have pulled out ₹52,100 crore from Indian equities so far this month.