20 C 
Vedanta chief meets Suvendu, explores investments in West Bengal
Anil Agarwal says he will leave no stone unturned to invest in Bengal if the right opportunity presents itself; CM says the industrialist made a
City Union Bank Q2 net rises 26 pc to 416 cr
The bank had a net profit of 329 crore in the July-September quarter of last fiscal
U.S. FDAs VAI tag for Dr. Reddys unit in Srikakulam, inspection closed
Vedanta Group eyeing $20 billion profits over next two years: Chairman Anil Agarwal
Vedanta is targeting $11 billion in profits this year, Chairman Anil Agarwal said.
Textiles PLI scheme: Government reopens application portal from November 1
The revised eligibility criteria aim to widen participation in the textiles incentive scheme and provide approved Round 4 applicants a longer inv
Centre releases Rs 78 crore for senior citizens' welfare scheme
The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana
TSF Investments sells 3.74% stake in TVS Holdings
According to BSE bulk deal data, TSF Investments sold 7,55,682 shares at 10,905 apiece. The buyers were VS Trust (2.43 lakh shares) and Srinivasa
PM Modi to release Rs 18,680 crore under PM-Kisan scheme on October 30
On October 30, Prime Minister Narendra Modi is set to launch the 24th installment of the PM-Kisan scheme in Gujarat, aiming to support over 9.34
HULs D2C, quick-commerce push grows as drought clouds rural demand
Hindustan Unilever is expanding its digital-first beauty portfolio as quick commerce reaches 5% of its business. CEO Priya Nair sees opportunitie
The way out of the dangerous trap
India risks a middle-income, low-productivity trap as weak job creation, stagnant wages and sluggish investment reinforce one another; escaping i
CERT-In flags high-risk vulnerabilities in Apple products, warns of security threats
The national cyber security agency has identified flaws across Apple software components, including WebKit, Kernel and media-processing framework
The gap in manufacturing sector GVA
According to the National Accounts Statistics, the manufacturing sectors GVA is 38.6 lakh crore in 2023-24 at current prices.; however, an Altern
Amit Kalyani takes over as chairman of Kalyani Steels
The move was part of a planned leadership transition from Babasaheb Kalyani, who has chaired the Company since its incorporation
Satin Creditcare Q2 profit surges over three-fold as asset quality improves
Satin Creditcare Network reported a more than three-fold rise in consolidated net profit to Rs 176 crore in the second quarter, helped by lower m
Jio Platforms debuts at 21% premium as Sensex slides; valuation tops 12 lakh crore
With a market capitalisation of around 12.5 lakh crore, JPL overtook Bharti Airtel to become Indias second-most-valued listed company after paren
Cholamandalam Investment and Finance reported a 41% rise in second-quarter net profit to Rs 1,630 crore, helped by strong income growth, higher l
Haryana ERC puts Eleven Powers parallel power distribution licence on hold
The commissions decision follows a state government directive issued under the Electricity Act, 2003, raising concerns over financial and consume
Hero MotoCorp Q2 profit jumps 41% as scooter and EV sales surge
Hero MotoCorps Q2 FY27 consolidated profit rose 41% to Rs 1,860.55 crore, while revenue increased 23% to Rs 14,970.50 crore. Scooter sales surged
SEBI Chair bats for speed amid criticism of separation of powers
Self-listing of the exchanges on their own platform would conflict with regulatory role
India needs $220 billion for green power transition by FY30
Speaking at the press curtain raiser of the the Bharat Renewable Energy Summit & Expo (2026), Mr. Sarangi mentioned that India had secured privat
FM spars with Rahul after his Tata Group being criminally destroyed remark
Finance Minister Nirmala Sitharaman and Congress leader Rahul Gandhi traded sharp exchanges on social media over infighting at Tata Sons, with Ga
Vedanta Aluminium Metal net doubles on firm prices
Revenue increased 41 per cent to Rs 22,066 crore (Rs15,670 crore). EBITDAEbitda was up 83 per cent at 10,192 crore
RSM US Integrated Services India expands Bengaluru presence with new office
RSM US Integrated Services India Private Limited is a subsidiary of RSM US LLP (RSM), the U.S. member firm of RSM International, a global network
Soyameal carry-forward stocks for 2026-27 estimated at 1.93 lakh tonnes by trade body
Soyabean stocks are estimated higher by around 8% at 8.31 lakh tonnes as of October 1, according to the latest supply and demand estimates by SOP
Schott Poonawalla now becomes Schott Pharma, as it strengthens presence in specialty glass market
Roy Joseph, CEO & Managing Director, Schott Pharma India Private Ltd, said, the company remained focussed on growing and contributing to the safe
PNB Housing Finance net profit up 6 per cent; considering a hike in lending rates
The companys Net Interest Margin (NIM) was stable at 3.67 per cent in the recently concluded quarter
Haryana ERC puts parallel power distribution licence on hold
The move follows a state government directive prohibiting such licences across Haryana citing consumer interest, the financial implications for t
Sify Technologies reports strong revenue growth in Sep qtr, profit remains thin
Revenue for the quarter stood at 1,379 crore, a 31 per cent increase over the same quarter last year
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentiment. Sensex fell 353 points to 73,246, wh
The group would examine the viability of setting up the projects in the State
British homebuilder shares slump on lack of clarity over first-time buyer plan in budget
Shares of British homebuilders plummeted following finance minister John Healey's budget speech about housing initiatives. The delays surrounding
Premiumisation and policy reforms can drive beer category growth: UBL CEO and MD
EBITDA margin expanded 480 basis points to 11.9 per cent, while EBIT margin rose 441 basis points to 8.4 per cent
Weak returns at home fuel India's overseas retail investing boom
Indian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, domestic
TVS Motor consolidated Q2 net profit rises 47%
Company plans the launch of Norton motorcycles in India in coming months
Reliance Industries seen posting double-digit Q2FY27 EBITDA growth on strong O2C, Jio performance
The Mukesh Ambani-controlled conglomerate, which is scheduled to announce its results on October 30, is expected to deliver stronger sequential p
Prime Minister to inaugurate Bharat Renewable Energy Summit 2026
The 4-day event likely to bring together participants from over 130 countries
Hyundai India Q2 net profit falls 24% to 1,196 crore on high commodity cost
The second half would see accelerated momentum, with the launch of the Bayon marking the beginning of the companys golden product cycle
USL Q2 PAT falls 2.1% to 462 crore; state policies hit popular portfolio
The Prestige & Above (P&A) segment grew 6.3%, supported by local-flavour innovations in Smirnoff, the relaunch of J&B Scotch and growth in the lu
Capri Global Capital reports 66.50% jump in standalone Q2FY27 net profit at 353 crore
The diversified retail-focused non-banking financial companys net interest income shot up 71.60% yoy to 7,049crore against 4,108 crore in the yea
Telcos write to DoT to quickly amend Standard Power operations in delicensed lower 6 GHz band
COAI said that the Expert Committee set up by the DoT has recommended enabling higher-power outdoor use so that broadband operators can provide a
TVS Motor plans demerger of its consumer finance businesses
TVS Motor plans a demerger to spin off its consumer finance arm into a separate listed entity, enabling focused growth and strategic autonomy.
First time health buyers increased 2.8X since FY22: Policybazaar
Rajnath Singh holds bilateral talks with US and Japan defence chiefs in Philippines
Discussions cover engine production, maritime security, defence industry ties and joint development of naval technologies
Tanla Q2 PAT up 17% at 146 crore
Revenue rose 25.3% to 1,351.7 crore from 1,078.5 crore, while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) grew 20.8
Hero MotoCorp Q2 Results: Profit surges 41% YoY to Rs 1,861 crore, revenue jumps 23%
Hero MotoCorps Q2 FY27 consolidated profit rose 41% to Rs 1,861 crore, while revenue increased 23% to Rs 14,971 crore. Scooter sales, 100cc motor
UK CBAM: India seeks further talks ahead of January 1 carbon tax rollout
No exemptions for FTA partners like India; CCTS recognition subject to various conditions
Wadhwani FPO entrepreneurship program launched in Karnataka
The initiative aims to help FPOs build stronger, more sustainable businesses through better business planning, market access and execution enabli
IIT Kharagpur, Absolute join Quad cohort to develop soybean field intelligence system
The cohort as a whole is supported by a combined Quad investment exceeding $6 million, with each agency funding its own countrys researchers. ICA
India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy Governor
India is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion to redu
Union Cabinet approves 7,396 crore until FY31 for PM Viksit Gram Swaraj Yojana
As part of capacity building under the scheme, the Centre will train elected representatives, officials in the 3-tier panchayati raj system
BJP-JD(S) sweep Karnataka Council polls, Congress draws a blank
Chief Minister DK Shivakumar accepted the verdict, saying the Congress would examine the message from voters and take corrective measures.
Maize may fetch 2,700 a quintal during harvest, says TNAU
Maize supply in Tamil Nadu could be influenced by the India Meteorological Departments (IMD) forecast of below-normal North-East monsoon rainfall
Hyundai Motor India Q2 FY27 net profit declines by 24% y-o-y to 1,196.1 crore
Profit fall comes despite total revenue from operations rising to 20,696 crore from 17,461 crore a year ago
L&T aims to nearly double order book to Rs 15 lakh crore by 2031
Company focus on energy, manufacturing, electrolysers, date centres as future areas of growth.
L&T aims to nearly double order book to Rs 15 lakh crore by 2031
Company focus on energy, manufacturing, electrolysers, date centres as future areas of growth.
DA/DR for Central govt serving retired employees hiked by 3% with effect from July 1
This decision will benefit 48 lakh employees and 68 lakh pensioners
PVR INOX net profit surged to 263.1 crore, revenue up 17% in blockbuster Q2
Consumers appetite to go out to watch movies is back in a very big way irrespective of whether its a big budget or a small budget as long as the
Individual investors in YES Banks AT-1 bonds request RBI to ensure implementation of SC judgment
The individual bond holders forum emphasised that it recognises that the coupon terms must be examined separately for each issuance and that the
Can you punish laxity by forfeiting the right to vote forever, SC asks EC
Form 6 is cast in stone' and cannot be changed. The Bihar judgment is not a binding precedent. Allowed logical discrepancy in West Bengal as an i
Factory output growth slows to 6.7 per cent in September
While mining contracted 6.2 per cent due to late monsoon, the broader IIP slowdown is attributed to base effects and GST 2.0 adjustments
Missing a loan EMI by one day can attract late-payment charges, but an immediate credit score drop is not inevitable. Know what RBI rules say abo
Union Cabinet approves Rs 7,395 crore for PM Viksit Gram Swaraj Yojana
Union Cabinet has allocated Rs 7,395 crore for the Pradhan Mantri Viksit Gram Swaraj Yojana. This scheme will promote local-level capacity buildi
Lohum appoints Nobel Laureate to lead advanced materials incubation platform
The platform aims to advance materials science from early-stage research (TRL 14) to commercial readiness (TRL 78)
India and Mexico sign Terms of Reference for preferential trade agreement negotiations to begin
Commerce Secretary Rajesh Agrawal visited Mexico for the signing. The two sides also discussed a possible business delegation from Mexico visitin
Cabinet clears 10,000 crore outlay to boost container manufacturing
Also announces 1,857 crore to strengthen sports goods sector
Air India Groups Q1FY27 losses double to over 6,000 crore
Forex fluctuations, high fuel costs and airspace closures weigh on financial performance
CERC wants to make PSPs more attractive, but industry points to execution issues
India has 290 GW of identified PSP potential, but operational and under-construction capacity is just 23.3 GW
Sebi to review FPI compliance norms, issue consultation paper to align with global standards
Sebi Chairman Tuhin Kanta Pandey stated they will review compliance requirements for foreign portfolio investors in India. A consultation paper w
I&B Minister Ashwini Vaishnaw invites editors to discuss, address DPDP Act concerns
Vaishnaw assures DPDP Act safeguards press freedom and invites editors for dialogue, open to amendments if needed.
Sugar will likely be a bitter pill for Indian consumers over the next year
Sugar production is expected to be lower this year at 27-29 mt as drought affects cane crop in Maharashtra and Karnataka; next seasons crop prosp
Vedanta net doubles in Q2 on better realisation
The companys Zinc cost of production dipped 29 per cent to $703 a tonne after its transition to underground mining
Crude shock and IT slump keep Nifty in the red; Bank stocks limit the damage
Nifty 50 closed at 22,698.85, down 50.90 points or 0.22%, its second consecutive session of losses and Sensex settled at 73,246.03, down 352.64 p
Couple of international airlines may opt not to fly from Mumbai for next 2 yrs: Adani Airports CEO
While not naming the two airlines, Arun Bansal said discussions with the remaining airlines were expected to conclude over the next four months
HUL beats cost pressures with price hikes, savings as net profit rises 3.9%
Revenue grew 14.5% to 18,226 crore, supported by 7% underlying volume growth, even as EBITDA margins contracted by 140 basis points to 22.6%.
Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month
Despite the Sensex falling 352 points to 73,246, five BSE 500 stocks touched fresh 52-week highs on Wednesday. PVR Inox, Acutaas Chemicals, India
Vedanta Aluminium Q2 Results: Profit doubles to Rs 6,187 crore, revenue jumps 41%
Vedanta Aluminiums Q2 FY27 net profit surged 105% to Rs 6,187 crore, driven by record production, higher sales and improved realisations. Revenue
Congress Blanked Out in 4-State MLC Elections; PM Modi Highlights Ballot Paper Defeat
Regional contests in four states emerge as a prestige battle ahead of the 2027 Uttar Pradesh Assembly elections
Cholamandalam Investment and Finance Q2 net up 41%, board approves fundraise up to 5000 cr via QIP
For the half year ended September 2026 (H1 FY27), net profit came in at 3,284 Ccrore, up 43 per cent y-o-y
Brokers Call: Fujiyama Power Sys (Buy)
Motilal Oswal Research
Sebi signs MoU with Bank of England to strengthen oversight of clearing corporations
SEBI and the Bank of England signed an MoU to strengthen regulatory cooperation and information sharing on clearing corporations. The framework s
Noel Tata to retire from board of 6 Tata companies, will continue to serve in Tata Sons
Although Tatas retirement from the six company boards follows established age-related policies, his continued presence on the Tata Sons board ens
L&T aims to double order book to 15 lakh crore by FY31
To focus on automation, investing in manufacturing capabilities, and expanding into new geographies
L&T begins expansion of Chennai AI infrastructure campus with 52 MW data centre
New facility adds to existing, operational 30 MW centre as Vyoma.AI targets over 250 MW of data centre capacity across India
Parijat Industries launches a dual-action herbicide for weed control in wheat
The company will target major wheat-growing markets, particularly Punjab, Haryana, Uttar Pradesh and Rajasthan
BJP fields Hardeep Singh Puri for Madhya Pradesh Rajya Sabha bypoll
The bypoll, scheduled for November 12, has been necessitated by the resignation of former Union Minister of State L Murugan
Info Edge founder Sanjeev Bikhchandani to return as CEO as Hitesh Oberoi steps down after 27 yrs
Info Edge looks to build on its established internet businesses, expand newer platforms and continue investing in Indias start-up ecosystem
India bonds end flat as oil woes come up against short covering
Indian government bonds faced volatility as oil price hikes raised inflation concerns and affected market sentiment. The 6.94% 2036 bond yield fl
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest inco
