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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.
NYSE starts extended options trading with morning and evening windows
The New York Stock Exchange has announced extended options trading hours, reflecting the increasing demand for around-the-clock investment opportunities and risk management.
DIIs buy ₹3,201.19 cr, markets fall as private banks slide
Foreign institutional investors sold Indian equities worth ₹1,148.64 crore, while domestic institutional investors purchased ₹3,201.19 crore as the market closed lower on Monday.
US semiconductor stocks rebound Monday premarket after nearly $2T rout
US semiconductor stocks rebounded in premarket trading, with Intel, Nvidia, and AMD posting gains following an eight-session selloff that erased $2 trillion in market value.
Mogul uses AI to democratize real estate investing from $250
Mogul leverages AI to enable fractional real estate investments starting at $250, offering streamlined property underwriting and attractive returns for everyday investors.
Hindustan Zinc Q2 profit more than doubles to ₹6,412 cr
Hindustan Zinc's net profit more than doubled to ₹6,412 crore, driven by increased output and improved realisation, with revenue rising significantly to ₹14,582 crore.
Record breaking Jio Platforms IPO attracts ₹2.5L/cr demand from investors
Jio Platforms' IPO has attracted unprecedented institutional demand of ₹2.5 lakh crore, marking a historic milestone for India's capital markets and global investor confidence.
British pound hits 84.11p vs euro in nearly 18 months
Sterling reached a 17-month high against the euro amid French unrest and rising energy prices, while strong UK economic data bolstered confidence in the British currency.
Prism considering IPO as soon as November amid investor talks
Oyo's parent company, Prism, plans to launch its initial public offering in November, aiming to raise Rs 6,650 crore primarily for debt repayment.
Tenstorrent raises $1.5B, valuation doubles to $6.2B for Galaxy servers
AI chip startup Tenstorrent has raised $1.5 billion in a late-stage funding round, more than doubling its valuation since December 2024 to $6.2 billion.
L&T Technology Services Q2 profit ₹548.2cr and revenue ₹3,040cr
L&T Technology Services reported a 53.7% QoQ increase in net profit to ₹548.2 crore, surpassing estimates, with revenue rising 3.4% sequentially to ₹3,040 crore.
ISB announces 32-week Fintech AI program starting Oct 31 2026
ISB's Executive Programme equips finance leaders with skills to harness AI and fintech, enhancing strategic decision-making in the evolving digital finance landscape.
HFCL raises FY27 revenue growth to 80% and expects ₹9,000cr
HFCL has increased its FY27 revenue growth forecast to at least 80%, driven by strong export demand and global data center expansion.
Mumbai's 1 Finance gains SEBI nod for MF lite AMC
1 Finance has received SEBI's in-principle approval to establish India's first MF Lite asset management company, targeting a Q4 FY27 launch with passive investment products.
Piramal Finance July-Sep FY27 profit jumps 64.79% to ₹538.59 cr
Piramal Finance reported a 64.79% year-on-year increase in net profit to ₹538.59 crore, with revenue from operations rising 27.43% to ₹3,659.19 crore in the September quarter.
Tesla and SpaceX Q3 results amid Elon Musk's AI investments
SpaceX and Tesla's upcoming earnings reports will spotlight Elon Musk's AI spending strategies amid growing merger speculation between the two companies.
Strategy (MSTR) nears golden cross holding $69.81 billion in bitcoin
Strategy (MSTR) is poised for a golden cross, with its 50-day moving average nearing a crossover above the 200-day average, echoing bitcoin's recent bullish momentum.
JPMorgan Chase launches $230B initiative aiming $1.5T for US resilience
JPMorgan Chase & Co. invested $230 billion in the first year of its decade-long plan to enhance US economic security, focusing on energy independence and defense sectors.
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.
HD Fire Protect IPO oversubscribed 131.70 times, listing October 21
HD Fire Protect shares are set to debut on October 21, with a strong grey market premium suggesting a potential listing price of Rs 336, indicating gains of nearly 24%.
Bird CEO Robert Vis cuts staff to 120 citing AI
A tech CEO reduced his company's workforce from over 1,000 to 120 in three years, emphasizing that AI increases the value of employees with versatile skills.
Microsoft cancels nScale Essex AI data center after grid warning
Microsoft has withdrawn from an AI data center project with Nscale in England due to local grid constraints, delaying power availability until the early-to-mid 2030s.
RBI resumes 7 day auction injecting ₹1L/cr after July pause
The Reserve Bank of India conducted a seven-day Variable Rate Repo auction for ₹1 lakh crore to address the reduced surplus liquidity in the banking system.
India auto tech startups raise $1.3B, down from $2.1B
India's auto tech sector raised $1.3 billion across 97 rounds by mid-October 2026, a decrease from $2.1 billion through 195 rounds in all of 2025.
India New Zealand FTA launches October 20, 2026 targeting NZ$7bn trade
Commerce Minister Piyush Goyal announced the India-New Zealand Free Trade Agreement will activate tomorrow, aiming to double bilateral trade to NZ$7 billion by 2030.
India's Q3 2026 smartphone shipments fall 26% to 35.8 million
India's smartphone shipments fell 26% YoY to 35.8 million units in Q3 2026, with Samsung leading the market, followed by Vivo and OPPO.
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.
BLS Polymers opens ₹255cr IPO Oct 27-29 offering 1.7cr shares
BLS Polymers, a New Delhi-based polymer manufacturer, will open its Rs 255-crore initial public offering on October 27, with a price band set at Rs 142–150 per share.
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.
BSE Muhurat trading returns November 8 during Diwali Laxmi Pujan
The BSE has scheduled the Diwali Muhurat Trading session for Sunday, November 8, 2026, with trading in the equity segment from 2:20 pm to 3:30 pm.
Nirmala Sitharaman blames US, AI-driven markets for nearly 12% fall
Finance Minister Nirmala Sitharaman highlighted concerns over global capital moving towards the US and AI-linked markets, impacting Indian equities despite strong economic growth.
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.
Economic Times reveals ET HR Excellence Awards 2027 honoring HRBPs
The ET HR Excellence Awards 2027 honors outstanding HR practices, highlighting strategic leadership's role in aligning workforce initiatives with organizational goals.
Waymo to bring 5,100 Zeekr vans amid Washington security concerns
Waymo has ordered thousands of Chinese-made electric vehicles to expand its US robotaxi fleet, prompting national security and fair competition concerns among US lawmakers.
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.
Container rates rise 130% since February amid Middle East tensions
Global container freight rates have surged by 130% since February 2026, driven by renewed tensions in the Middle East, according to a Jefferies report.
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.
JPMorgan Chase deploys $5 billion into US security startup investments
JPMorgan Chase has invested $5 billion in startups like Hadrian and Castelion, focusing on automated factories and low-cost hypersonic missiles as part of its security initiative.
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.
Larry Ellison loses $6.1B as Oracle erases $550B market value
Larry Ellison's net worth dropped by $6.1 billion in one day as Oracle shares fell due to investor concerns over AI investments and rising debt.
Union Bank of India posts 30% Q2 profit rise
Union Bank of India’s standalone net profit surged 30% year-on-year to ₹5,537 crore, driven by a 20% increase in net interest income and reduced provisions.
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.
Helios Capital's Samir Arora warns India against cheering AI slump
Samir Arora of Helios Capital cautions against celebrating declines in global AI stocks, warning that a US tech selloff could negatively impact Indian markets.
Anand Rathi upgrades Swiggy to buy with ₹310 target
Anand Rathi has upgraded Swiggy to a 'buy' rating, maintaining a target price of ₹310, citing improved profitability and strategic business model shifts.
Zetwerk IPO fully subscribed at $518 million amid institutional demand
Zetwerk Manufacturing Businesses' $518 million initial public offering was fully subscribed on the final day, driven by strong demand from qualified institutional buyers.
Goldman Sachs: Token consumption drives AI costs, Uber restricts access
Goldman Sachs reports that companies are implementing spending caps and prioritizing smaller AI models to manage escalating artificial intelligence costs effectively.
Eighty-five percent of CEOs fear cybercrime amid AI adoption, KPMG
KPMG US CEO Tim Walsh highlights AI's unique cybersecurity challenges, prompting companies to plan job cuts while recruiting tech talent to adapt to evolving business needs.
HFCL hits upper circuit at ₹268.81 after Q2 ₹394.22cr profit
HFCL Limited shares hit a 5% upper circuit on the NSE after reporting a 448.14% year-on-year profit surge in Q2 FY27, reaching ₹394.22 crore.
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.
Indian markets slump as Sensex drops 727.67, Nifty slides 215.35
On Monday, the Indian stock markets experienced a sharp sell-off, with Sensex plunging over 700 points as investors reacted to global uncertainties and volatile market conditions.
Nearly 2,400 arrested as violent France protests unsettle markets
France's bond and stock markets faced a sell-off after violent protests erupted, raising concerns among investors and increasing the country's borrowing costs.
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.
IDBI Bank staff plan nationwide hunger strike over Fairfax sale
IDBI Bank officials plan a two-day hunger strike on November 2 and 3 to protest the Cabinet's decision to sell a majority stake to Canada's Fairfax Financial Holdings.
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.
Japan's central bank likely to raise interest rates soon
Bank of Japan Governor Kazuo Ueda indicated that Japan's inflation is nearing the 2% target, suggesting room for further interest rate hikes.
China AI data centers need profits as borrowing costs climb
China's AI data centre sector must now focus on generating profitable returns as rising financing costs shift investor attention from capacity expansion to capital efficiency.
Exotel's Sachin Bhatia advocates outcome-based billing for voice AI
Exotel's Sachin Bhatia argues that voice AI should transition from per-minute pricing to an outcome-based model, emphasizing value over cost in a competitive market.
Google to formally suggest changes to India's Digital Competition Bill
Google is preparing to challenge India's proposed Digital Competition Bill, which could impose significant restrictions on six of its key businesses, affecting its operating model.
Indian rupee strengthens to 94.8225 per dollar after 2% surge
The Indian rupee edged up on Monday, supported by dollar sales from foreign banks and a dip in oil prices, as traders assessed the potential for further gains.
Accenture Q4FY26 results lift Indian IT stocks and spending outlook
Indian IT stocks, including TCS and Tech Mahindra, are rising sharply following Accenture's Q4 results, which indicate increased IT spending beyond AI investments.
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.
Hunar. AI raises ₹39.3cr in Series A, valued at ₹180cr
Hunar.AI's valuation surged by over 71% to Rs 180 crore following a Rs 39.3 crore Series A funding round led by Blume Ventures.
TVS Capital plans at least 6 deeptech, manufacturing investments
TVS Capital Funds plans to make six investments in deeptech and manufacturing sectors from its latest ₹4,000 crore fund, focusing on India-domiciled and multi-decade businesses.
Sahajanand Medical Technologies IPO fully subscribed before Monday lunch
The IPO of Sahajanand Medical Technologies was fully subscribed by Day 3, with a subscription rate of 1.34 times and an 8% grey market premium noted.
'Google now kisses my a##': Trump
US President Donald Trump made a bold claim during a rally in Highland Heights, Kentucky.
India and New Zealand launch FTA as NZ pledges $20B
The India-New Zealand Free Trade Agreement will commence on October 20, granting zero-duty market access for all Indian exports to New Zealand.
Anand Rathi calls Nykaa a buy, aims for ₹400 target
Anand Rathi recommends a buy rating for Nykaa, setting a target price of Rs 400, citing its strong revenue growth and strategic improvements in beauty and fashion segments.
India launches ₹62,500cr scheme to design and build phones
India's competitive edge lies in creating tailored devices for specific needs, fostering a self-reliant semiconductor ecosystem by focusing on domestic design and demand.
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.
PC Jeweller stock surges 26% after Aditya Kumar Halwasiya buys
PC Jeweller shares surged 26% after Cupid promoter Aditya Kumar Halwasiya purchased 5.10 crore shares, and the company achieved debt-free status.
Rupee posts 3rd straight gain to 94.80 after RBI support
The Indian rupee strengthened to 94.80 against the US dollar, but elevated crude oil prices pose a significant risk to its ongoing recovery.
Motilal Oswal recommends buying ICICI Bank with ₹1,750 target
Motilal Oswal recommends a buy rating for ICICI Bank, setting a target price of Rs 1,750, citing strong core performance and improved earnings quality.
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%.
Bitcoin rebounds near $82,500 as altcoins rise amid US inflation
Bitcoin surged back to $82,500 on October 19, driven by a broader market recovery despite ongoing concerns over US inflation and weak institutional investment flows.
Motilal Oswal rates DLF buy with ₹780 target, presales 3,800cr
Motilal Oswal recommends a buy rating on DLF with a target price of Rs 780, citing strong presales driven by successful project launches and a robust future launch pipeline.
Ixigo stock rises 13% after best-ever Q2 FY27 ₹63.42cr profit
Ixigo shares surged 13% after the company reported a record quarterly profit of ₹63.42 crore, bolstered by the partial sale of its stake in Freshbus.
Motilal Oswal rates Axis Bank Neutral, sets ₹1,475 target
Motilal Oswal maintains a Neutral rating on Axis Bank, setting a target price of Rs 1,475, following its Q2 FY27 performance with a net profit of INR70.0 billion.
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.
PhonePe rebrands Share. Market as PhonePe Invest to simplify stock investing
PhonePe's stockbroking platform, Share.Market, is now PhonePe Invest, aiming to attract a wider range of investors interested in building substantial equity portfolios.
Sensex falls over 200 points, private banks drag Indian market
The Indian stock market experienced a downturn on Monday, with Sensex dropping over 200 points and Nifty slipping below the 23,100 mark amid losses in private banking stocks.
Sensex and Nifty slip after HDFC Bank 2nd-quarter FY27 results
Sensex dropped 400 points from its day's high, while Nifty hovered near 23,050 as selling in bank shares and elevated crude prices pressured the markets.
Gold ₹1.48L, silver ₹2.12L rise on MCX after global rally
Gold and silver prices rose on the MCX due to international gains and lower oil prices, but US interest rate expectations and currency movements remain crucial for future trends.
Oil prices fall to $108 after hitting 5-month high
Oil prices fell slightly on Monday, after hitting a five-month high.
SBI sets EBLR 8.15% and RLLR 7.75% from October 15
State Bank of India has increased its lending rates following the Reserve Bank of India's 25-basis-point hike in the repo rate, potentially raising EMIs for borrowers.
Mumbai-based LTM expects FY2028 revenue growth and higher AI margins
LTM anticipates accelerated revenue growth in FY28, driven by AI investments and the Randstad acquisition, with expectations of materially higher margins from AI-native services.
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.
Indian bonds hit by rising oil, yields 7.37% to 7.42%
Indian government bonds are expected to weaken as rising oil prices stoke inflation concerns, compounded by a hawkish central bank and anticipated rate hikes.
South Korea's NPS loses $137 billion on Samsung, SK Hynix
South Korea's National Pension Service suffered a 182 trillion won loss due to declines in its stakes in Samsung Electronics and SK Hynix, highlighting market vulnerabilities.
Samsung, SK Hynix fall over 4% as DeepSeek spooks markets
South Korean stocks have resumed their downward trend, with the benchmark Kospi index falling as much as 3.2%.
Urban Company stock drops over 7.5% after ₹182.48cr loss
Urban Company shares dropped over 7.5% after reporting a wider quarterly loss, driven by increased investments in its struggling InstaHelp division despite overall revenue growth.
Sensex opens down 103.56 points to 74,625.71 as VIX jumps
The BSE Sensex fell over 100 points to 74,625.71, while the Nifty opened near 23,150. India VIX rose by 2.6%, indicating increased market volatility.
HDFC Bank shares slide 2% to ₹714 after Q2 results
HDFC Bank shares fell 2% to Rs 714 after Q2 results, with brokerages highlighting margin pressure despite maintaining bullish ratings. The stock was among the top Nifty losers.
Ed Yardeni says investors reassess AI's role in Indian IT
Ed Yardeni suggests India's IT sector could thrive as investors view AI as part of a broader technology ecosystem, rather than a replacement for traditional services.
Rupee gains to ₹94.88 as RBI sells dollars to steady
The Indian rupee opened at 94.88 against the US dollar, gaining 8 paise, driven by RBI interventions amid pressures from high crude oil prices and foreign capital outflows.
Gold edges higher as oil price drop calms inflation worries
Gold prices rose modestly as softer oil prices provided support, while market participants focused on the Federal Reserve's upcoming interest rate decisions.
Excess liquidity, easy exits hurting India's equity market: Nirmala Sitharaman
India's Finance Minister Nirmala Sitharaman has attributed the underperformance of the country's equity market to excess liquidity and easy exits.
Indian rupee opens 94.86 per US$, central bank support expected
The Indian rupee opened higher by 9 paise at 94.86 per dollar, marking its seventh consecutive day of gains, supported by central bank dollar sales.
IMF warns AI-enabled cyberattacks could threaten global financial stability
Cyberattacks on critical financial infrastructure could disrupt payments and credit, undermining market confidence, the IMF warns in its latest report on systemic risks.
Indonesia stock index drops over 5% after MSCI suggested downgrade
Indonesia's benchmark stock index fell over 5% on Monday, reaching its lowest level in six years, as fears of an MSCI downgrade spurred concerns about foreign investor outflows.
BlackRock seeks to use tokenized funds to reshape Wall Street
BlackRock Inc. is exploring the use of tokenized assets as collateral, aiming to integrate them into traditional financial systems despite regulatory and infrastructure challenges.
Sensex drops 1,200 points as market value hits 4,72,62,167 cr
Indian equity benchmarks are likely to open in a cautious mood, as global market volatility and elevated energy prices continue to influence investor sentiment.
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.
Amazon, Flipkart festive shipments down 10%-12% as gadgets cost more
Ecommerce festive sales have seen a decline due to rising prices, while Snowflake's CEO highlights AI's transformative impact on enterprise software and the need for regulation.
China's economy grows 4.5% in 3rd quarter, easing policy pressure
China's economy grew 4.5% year-on-year in the third quarter, surpassing expectations and easing pressure on policymakers for additional stimulus measures.
Kospi dropped as DeepSeek AI model may reduce memory demand
Korean stocks declined as DeepSeek's latest AI model raised concerns over memory chip demand, while uncertainties about US AI project funding added to market jitters.
GIFT Nifty up 35 points as Indian market remains cautious
GIFT Nifty indicates a cautiously positive opening for Indian indices amid Asian market weakness and AI-related selloffs, despite softer crude oil prices providing some support.
China's GDP grows 4.5% in Q3 2026 on AI exports
China's economy grew by 4.5% in Q3, driven by rising exports fueled by the AI sector, despite domestic challenges and global trade tensions.
Fundamentum closes ₹3,000 cr for Indian AI and deep-tech startups
Nandan Nilekani-backed Fundamentum's third fund has raised Rs 3,000 crore, with plans to increase the ceiling to Rs 3,500 crore due to strong investor demand.
Indian IT firms increase subcontracting amid US visa, AI demand
Indian IT firms face rising subcontractor costs due to visa challenges and increased AI demand, impacting margins as they seek quick project turnarounds with specialized resources.
IBM's Sandip Patel urges digital swaraj to control data access
IBM India chief Sandip Patel emphasizes the need for "digital swaraj," highlighting businesses' and governments' growing demand for greater control over data and technology assets.
Asian stocks slip amid US tech slump, China growth worries
Asian equities declined on Monday, with Japan's Nikkei 225 dropping over 2%, as investors reacted to Wall Street's tech-led slump and anticipated key Chinese economic data.
PFRDA to onboard gig and platform workers to NPS instantly
PFRDA is set to open National Pension System accounts for gig workers using the e-shram database, enabling flexible retirement savings through the NPS Tatkal option.
Jio Platforms opens ₹30,213 cr IPO as GMP suggests 22.25%
Jio Platforms' ₹30,213 crore IPO opens October 21, with a grey market premium suggesting potential listing gains of 22.25% ahead of its October 28 debut on NSE and BSE.
Incoming CEO Anup Bagchi will outline HDFC Bank growth strategy
Anup Bagchi, incoming CEO of HDFC Bank, plans to unveil a strategic roadmap focusing on growth and productivity, following consultations with key stakeholders.
LTM shifts to short-term AI deals to lift H2 revenue
LTM's CEO, Venu Lambu, highlights a strategic focus on short-tenure AI deals that promise faster revenue generation as the company enters a new growth phase.
KKR to invest over ₹6,000cr in Gentari Renewable India
KKR plans to invest over ₹6,000 crore in Gentari Renewable India Pte Ltd, Petronas's renewable energy arm, to support its expansion and reduce debt.
Crude oil near $109 amid Ukraine drone strikes and conflict
Brent crude prices hover near $109 as Ukraine resumes strikes on Russian energy facilities and tankers face attacks in the Persian Gulf, escalating regional tensions.
Anthropic puts 5% of shares into new public benefit fund
Anthropic announced it will allocate 5% of its shares to a public benefit fund, aiming to support societal projects and address AI's impact on the job market.
Delhi to roll out ₹50cr startup plan and Go-Delhi Foundation
The Delhi government has sanctioned a ₹50-crore budget to establish the Go-Delhi Foundation, aimed at fostering startups and innovation in the capital.
Haier India to invest ₹7,000cr in Andhra Pradesh appliance factory
Haier India plans to invest ₹7,000 crore in a new manufacturing facility in Andhra Pradesh, marking its largest investment in the country and creating 21,000 jobs by 2032.
Tata Sons revises rules, may curb Tata trusts' board influence
Tata Sons is revising its Articles of Association to align with Sebi listing regulations, potentially affecting Tata Trusts' influence on board appointments.
Patrick Witt leaves White House advisory post for private sector
Patrick Witt, the White House's Executive Director for Digital Assets, has left his position, leaving a vacancy in the administration's crypto advisory role.
Engie to invest €3 billion in India to expand renewables
Engie plans to invest €3 billion in India by 2030, aiming to expand its renewable energy capacity from 2 GW to 7 GW, focusing on projects like battery storage and data centres.
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.
KFC ditches Pepsi after 40 years, partners with Coca-Cola
KFC is making a major change to its beverage lineup.
Trump wants 60-days to analyze impact of Russian sanctions waiver
US President Donald Trump recently announced a temporary suspension of sanctions and tariffs on Russian exports.
Yes Bank's Q2 FY27 profit jumps 65% to ₹1,080cr
Private sector lender Yes Bank has reported a massive 65% year-on-year jump in its standalone net profit for the second quarter of FY27.
ED raids 20 locations in online betting fraud case
The Enforcement Directorate (ED) has raided 20 locations across Mumbai, Pune, Mehsana, Surat and Hyderabad.
Musk agrees to settle lawsuits over controversial $1M voter lottery
Elon Musk has agreed to settle two lawsuits related to his controversial $1 million voter lottery scheme.
Axis Bank's Q2 net profit jumps 37.6% to ₹7,003cr
Axis Bank has reported a 37.6% year-on-year rise in net profit for the second quarter of FY27.
Modi government bans sugar diversion for ethanol amid record-high prices
The Indian government has banned the diversion of sugar for ethanol production during the 2026-27 supply year.
India's biggest-ever banking M&A deal involved no investment bankers
Fairfax Financial Holdings's $5.6 billion acquisition of a controlling stake in IDBI Bank is the largest foreign investment in India's banking sector.
Cattle feed used to make Priyagold biscuits, says FSSAI
The Food Safety and Standards Authority of India (FSSAI) has filed legal proceedings against Surya Food & Agro, the manufacturer of Priyagold biscuits.