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Coforge Q2 results: Net profit surges 56.5% to 588 cr, revenue up 53.6%

Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday. The IT firm had posted a net profit of Rs 375.8 crore in the same period a year ago. Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused, Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings call. Coforge signed 8 large deals the highest number signed in a single quarter across North America, Europe and Australia, which led to a total contract value of the new orders of USD 1.04 billion during the reported quarter. The company increased the operational profit margin guidance to 17 per cent for the next year from the range of 15.5 per cent to 16 per cent. Revenue from operations during the reported quarter increased by 53.6 per cent to Rs 6,171 crore from Rs 4,016 crore a year

Business Standard 23 Oct 2026 11:31 pm

Bank of India expects NIM to rise to 2.55% in H2 FY27 after RBI rate hike

Bank of India expects margins to improve in H2 FY27 as faster loan repricing offsets slower deposit-cost increases, while strong FCNR(B) inflows boost liquidity but weigh on near-term NIMs.

Livemint 23 Oct 2026 11:26 pm

Apple India revenue grows 32% to cross 1 trillion mark in FY26: Tofler

iPhone maker Apple's India revenue grew by over 32 per cent to Rs 1,04,607 crore in FY26, according to the document shared by market intelligence firm Tofler. The company recorded revenue of Rs 79,060.5 crore in FY25. Apple India Private Limited provides and markets Apple brand products and software, and reported its revenues for the financial year 2025-26 at Rs 1,04,607 crore, a 32 per cent jump since the last financial year, Tofler said. Apple India net profit grew by 66 per cent to Rs 5,311 crore in the same fiscal. The company's total expenses for the fiscal were reported at Rs 96,224 crore, Tofler said.

Business Standard 23 Oct 2026 11:16 pm

Tata Sons listing row: What Parsi, Zoroastrian groups want PM Modi to protect

The community organisations' letter adds another dimension to the debate, framing the issue as one involving not only corporate governance and regulatory requirements but also the Tata Group's institutional identity and philanthropic commitments.

Livemint 23 Oct 2026 11:15 pm

Godrej Properties plans 32,000 crore project launches in H2 FY27: CEO

Godrej Properties has lined up project launches worth over 32,000 crore for H2 FY27, even as its Q2 net profit fell 62% YoY to 154 crore, while cash collections rose 31%

Business Standard 23 Oct 2026 11:12 pm

RBI rolls out tighter capital adequacy norms for banks from April 2027 to align with global standards

The new rules mandate strict leverage ratios from 1 April 2027 to strengthen balance-sheet resilience. The RBI turned down banks request for additional time to prepare.

Livemint 23 Oct 2026 11:10 pm

Trump admin seeks to block Alaska Senate result if Republicans lose

The US Justice Department is seeking to invalidate Alaska's Senate election results if the Republican incumbent loses next month, in a rare legal move that raises questions about the Trump administration's willingness to accept defeat in the midterms. Democrats have accused the Trump administration of seeking to influence the November vote by expanding federal control over state-run elections and by repeatedly questioning the integrity of election results.

The Economic Times 23 Oct 2026 11:00 pm

Jio Platforms IPO rides institutional demand to 22.19 times subscription

QIBs bid 70.6 times the quota reserved for them; retail segment bought 2.7x

Business Standard 23 Oct 2026 10:55 pm

Bajaj General Insurance appoints former Manappuram head Deepak Reddy as CEO-designate

Bajaj General Insurance has named Deepak Reddy, former CEO of Manappuram Finance, as CEO-designate from 1 January 2027, subject to regulatory approval. 

Livemint 23 Oct 2026 10:55 pm

Paris suburb shooting kills one, wounds five including 12-year-old girl; France probes terrorist crime angle

In Trappes and La Verriere, a Paris suburban area, a gunman opened fire, killing one person and injuring several others. Authorities suspect the attack to be racially motivated, leading them to classify it as a terrorist crime. A twelve-year-old girl was among the seriously injured, reflecting the attack's random targeting of passersby. The suspect was arrested shortly after the shootings, which happened in under fifteen minutes.

The Economic Times 23 Oct 2026 10:54 pm

Coforge net profit rises 56.5% as record deal wins boost growth

September-quarter revenue climbs 53.6% to 6,171 crore; fresh order intake doubles year-on-year to $1.04 billion as company raises FY27 EBIT margin guidance to 16%

The Hindu 23 Oct 2026 10:43 pm

Government to modify labour survey to capture gig economy, unpaid household workers

Periodic Labour Force Survey will include additional questions to measure labour underutilisation

The Hindu 23 Oct 2026 10:29 pm

Shree Cement profit slips as fuel, power bill climbs

Before Shree Cement, UltraTech also saw fuel and freight costs eat into its profitability; however, the market leader was able to manage the cost burden better due to its higher scale and better negotiation power.

Livemint 23 Oct 2026 10:29 pm

EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26

EAAA India Alternatives has successfully raised approximately Rs 360 crore from anchor investors prior to its IPO. This IPO is set to open for public subscription on October 26. The company will not receive any proceeds from the issue as it is an offer for sale. Prominent institutional investors and major domestic mutual fund houses participated in the anchor allocation.

The Economic Times 23 Oct 2026 10:20 pm

RBI Bulletin: Indias strength faces fresh test as US-Iran war fuels inflation

RBI says Indias economy remains resilient, supported by strong domestic demand and rising exports, despite growing geopolitical tensions in West Asia. 

Livemint 23 Oct 2026 10:15 pm

UTI AMC net up 17% to 132 crore

Income was down marginally at 415 crore (419 crore)

The Hindu Businessline 23 Oct 2026 10:15 pm

Bank of India Q2 profit rises 25% to 3,202 cr on strong NII, recoveries

Bank of India's net profit rose 25.3% to 3,202 crore in Q2 FY27, supported by higher net interest income and recoveries from written-off accounts despite rising provisions

Business Standard 23 Oct 2026 10:07 pm

JSW Steel profit more than triples on strong demand, beats Street estimates

Higher realisations and strong domestic demand drove a surge in September-quarter earnings, as the steelmaker cleared 16,150 crore in fresh capex to support its long-term growth targets.

Livemint 23 Oct 2026 10:04 pm

Why Diageo and Pernod are under probe: India says bulk Scotch concentrate may not qualify for new lower tariff | Details

The case centres on how the companies import bulk Scotch concentrates from Britain and blend them in India to produce popular local brands such as Royal Stag, Blenders Pride and McDowells.

Livemint 23 Oct 2026 9:59 pm

Infosys caps dull second quarter for Indian IT

The management of Infosys pointed to the challenging macroeconomic environment, hinting at rising competition and increasing client demand to save costs using artificial intelligence.

Livemint 23 Oct 2026 9:58 pm

JK Tyre Q2 net profit declines by 71% y-o-y to 65 crore due to geopolitical tensions

EBITDA) margin contracted sharply to 7.1 per cent from 13.3 per cent

The Hindu Businessline 23 Oct 2026 9:55 pm

NLC India lines up 37,000 crore for power and mineral projects in Odisha

The proposed 3,200 Mw thermal power plant will cost Rs 35,000 crore, alongside a Rs 2,000 crore beach sand mineral processing facility and a planned coal gasification-fertiliser project

Business Standard 23 Oct 2026 9:42 pm

Shriram Finance Q2 profit jumps 59% YoY to Rs 3,677 crore on strong interest income, lower funding costs

Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs. Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.

The Economic Times 23 Oct 2026 9:35 pm

Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costs

Shree Cements September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue rose 24% and sales volumes increased 14%, but soaring fuel costs pressured profitability despite stronger premium product sales.

The Economic Times 23 Oct 2026 9:33 pm

Groww rolls out US stock investing to all customers, offers access to 10,000 stocks and ETFs

The expansion comes as Indian retail investors gain access to international markets through digital investment platforms

The Hindu Businessline 23 Oct 2026 9:32 pm

Jana Small Finance Bank Q2 profit jumps 127%, raises FY27 growth outlook

Jana Small Finance Bank reported a 127% year-on-year rise in Q2 profit to Rs 170 crore, supported by business growth, higher margins and improved gross asset quality. The bank raised its annual profit growth guidance to 100%, while loans and deposits expanded.

The Economic Times 23 Oct 2026 9:30 pm

Nothing to fear: Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax deal

The DIPAM secretary's assurance comes as IDBI Bank employees oppose the governments divestment plan and have called for a strike across the lenders branches in early November. The United Forum of Bank Unions has also extended support to the proposed strike.

The Economic Times 23 Oct 2026 9:29 pm

BPCL Q2 net profit falls almost 22% to 4,863 crore

Higher refining margins offset by marketing losses on petrol, diesel and LPG; under-recoveries rise to 17,334 crore

The Hindu Businessline 23 Oct 2026 9:20 pm

Swiggys Instamart faces 3x scale gap with Blinkit as losses hit 895 crore

Swiggys quick-commerce NOV rises 34.8% y-o-y to 6,594 crore; network and economics lag Eternals Blinkit

The Hindu Businessline 23 Oct 2026 9:14 pm

RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor

RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.

The Economic Times 23 Oct 2026 9:08 pm

BPCL Q2 Results: Net profit declines 21% YoY to Rs 4,863 crore, revenue grows 29%

BPCL reported a 21.45% year-on-year decline in Q2 FY27 profit to Rs 4,863.05 crore, despite 29.78% revenue growth. Sequential performance rebounded sharply from a quarterly loss, while the company approved a subsidiary for its proposed Andhra Pradesh refinery.

The Economic Times 23 Oct 2026 8:57 pm

Samudra Manthan: Govt to partially underwrite drilling risks; operators to retain operational responsibility

For accelerating offshore oil and gas exploration, the government will partially underwrite drilling risks while operators retain majority capital exposure and full operational responsibility

The Hindu Businessline 23 Oct 2026 8:56 pm

RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons

India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Bank of India's stance on the listing of Tata Sons without commenting directly on the company.

The Economic Times 23 Oct 2026 8:55 pm

Honeywell Aerospace scouts for more MRO partnerships in India

Companys senior executive cites India as a major sourcing market, with over 100 parts suppliers

The Hindu Businessline 23 Oct 2026 8:52 pm

Dr Reddys Q2 FY27 net down 36% at 925 cr

Provision for Semaglutide inventory and lower lenalidomide revenues in North America hit performance

The Hindu Businessline 23 Oct 2026 8:49 pm

Tanmay Bhat backs Chapter Home: Ex-PharmEasy executives raise 63 crore for home and kitchen brands

Chapter Home, founded in 2025 by five former PharmEasy executives, has raised 63 crore in a mix of equity and debt from Bessemer Venture Partners, Stride Ventures, comedian and influencer Tanmay Bhat and family offices. 

Livemint 23 Oct 2026 8:49 pm

Godrej Properties lines up 32,000 crore of launches in second half of FY27

The Mumbai-based developer aims to hit its 39,000 crore full-year sales target on the back of premium project rollouts, even as higher expenses weighed on its September-quarter profit.

Livemint 23 Oct 2026 8:40 pm

Oil India discovers natural gas in KG Basin's shallow offshore waters

The discovery at the Godavari-1 well in the Matsyapuri formation recorded natural gas flow of up to 2 lakh standard cubic metres per day during continuous testing

Business Standard 23 Oct 2026 8:39 pm

RBI governor backs Tata Sons classification

New Delhi: RBI Governor Sanjay Malhotra on Friday justified the classification of Tata Sons as an upper-layer NBFC, saying that any large NBFCs or core investment companies that handle public funds or leverage a group's balance sheet need to be registered with the central bank and follow the requisite listing norms.Large NBFCs and core investment companies (CIC) like Tata Sons and others are required to be registered with the RBI because of the systemic risks, because they sit on top of group companies where they leverage funds and they use the balance sheets of the group companies to return those funds, he said at the NDTV World Summit.So, the funds of the public, whether it is through corporate bonds, banks and other means, that is at risk...so, it is for these reasons that these CICs, or NBFCs, are required to be registered, he said.CICs that do not have direct or indirect access to public funds are exempt from the registration requirement, he said.As long as it is an NBFC within our definition, it is a CIC, it has access to funds, direct or indirect, it's required to be registered, and if it is in the upper layer, then it is required to list, he said.Last month, the RBI rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, which will force a public listing of the holding company of the salt-to-software conglomerate Tata Group.This makes a public listing of Tata Sons imminent as it qualifies as an upper layer NBFC, which must mandatorily list on the stock exchanges.Tata Sons was placed in the upper layer in September 2022. It had applied in March 2024 to surrender its registration, and had repaid its debt in an effort to qualify for deregistration.The Tata Sons board has since moved ahead with steps linked to a possible public listing, while saying it will examine other options amid a deepening row within the conglomerate.Malhotra reaffirmed the central bank's primary objective is maintaining price stability with inflation targeting while supporting long-term economic growth.India's strong macroeconomic fundamentals continue to support economic activity, with high-frequency indicators pointing to resilient growth across sectors, he said.Inflation targeting remains a priority, along with growth, he said, adding that the RBI is committed to maintaining price stability while supporting the economy.He pointed to indicators such as cement and steel sales, credit growth, tax collections and automobile sales as evidence that economic momentum remains intact.According to the RBI governor, growth is broad-based, with activity holding up across several segments of the economy.The governor also said inflation remains within the RBI's tolerance band, although supply-side pressures, particularly from food and fuel, continue to pose challenges to the inflation outlook.He referred to an average inflation projection of 5.1 per cent for the current year, attributing the outlook to supply-side factors.On the rupee, Malhotra said the central bank is not targeting any particular exchange-rate level.Instead, he said, the RBI's focus is on ensuring orderly conditions in the foreign exchange market and managing volatility rather than defending a specific currency value.

The Economic Times 23 Oct 2026 8:32 pm

Shriram Finance Q2 profit jumps 59% to 3,684 crore on auto demand growth

Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to 3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year

Business Standard 23 Oct 2026 8:30 pm

Consumer resistance & State-hurdles cause smart meter installations to dip in H1 FY27: Adani Energy Solutions Ltd

The company installed 1.3 million smart meters in the July-September quarter, against 1.8 million in the year-ago period, a decline of nearly 28 per cent

The Hindu Businessline 23 Oct 2026 8:29 pm

With 3,796 cr net worth, this entrepreneur starts work at 7 am at 85, says theres nothing like work-life balance'

Martha Stewart said she arrives at the office by 7 am, and that she also expects her team to start early.

Livemint 23 Oct 2026 8:29 pm

Goa cuts ATF VAT to 7% from 15% effective October 24: Will flight fares drop? All you need to know

Aviation turbine fuel is one of the largest cost items for carriers. When a state lowers the tax on ATF, the tax component of fuel purchased at its airports falls.

Livemint 23 Oct 2026 8:24 pm

Kobelco targets 3% growth in excavator market, launches three new models

Sri City plant has capacity for 3,500 units; new models target smaller contractors and rental players

The Hindu Businessline 23 Oct 2026 8:20 pm

Airlines demand capacity proof as Adani Airport pushes Mumbai-Navi Mumbai shift

Airlines have asked Adani-run Mumbai airport to prove it must cut about 5 million passengers a year of capacity before moving some international flights to Navi Mumbai. 

Livemint 23 Oct 2026 8:13 pm

Meta to delay new commercial terms criticised by publishers, advertisers

Meta's move followed complaints by publishers and digital advertisers to European Union and the U.K. antitrust authorities about its new commercial terms

The Hindu 23 Oct 2026 8:10 pm

Building a mental healthcare network, Amaha poised to seal 100 crore fundraise

The 100 crore round also includes 10 crore in debt financing from Alteria Capital

The Hindu Businessline 23 Oct 2026 7:35 pm

Godrej Properties Q2 profit declines 62% to 154 crore

In the same quarter last year, the company reported net profit of Rs 405 crore

The Hindu Businessline 23 Oct 2026 7:34 pm

LuLu leases 62,035sq ft at Greater Noida mall for 15 years, with total rent nearing 51 crore

LuLu International Shopping Malls has leased 62,035 sq ft at I-Thums Galleria in Greater Noida for 15 years, with total rent nearing 51 crore. The deal comes as the UAE-based retailer targets 25 outlets across Delhi-NCR by 2030. 

Livemint 23 Oct 2026 7:34 pm

Beyond Conventional Homes: Amaya Senior Living Reimagines Luxury Retirement

Hyderabad (Telangana) [India], October 23: After decades spent building careers, raising families and fulfilling responsibilities, retirement offers the opportunity to approach life on one's own terms. For those who have worked hard to create a life of comfort and financial independence, the next chapter can be about more than a beautiful home. It can be about having the freedom to pursue personal interests, enjoy exceptional hospitality, cultivate meaningful friendships and make time for experiences that everyday responsibilities often leave little room for.

Business Standard 23 Oct 2026 7:25 pm

Italian fashion brand OVS plans 11 stores by 2028, faster growth from 2029

Italian fashion retailer OVS plans to have 11 stores in India by 2028 before accelerating expansion from 2029, focusing on metros and tier-one markets as it assesses demand.

Business Standard 23 Oct 2026 7:23 pm

Heritage Foods to absorb yoghurt arm

Aims to raise value-added products share of dairy revenue to 50% in 3 years

The Hindu Businessline 23 Oct 2026 7:19 pm

Torrent Pharma Q2 profit falls 9.6% to 534 crore, revenue rises 51%

Torrent Pharma's Q2FY27 net profit declined 9.6 per cent to 534 crore despite a 50.8 per cent rise in revenue, as higher finance costs and depreciation weighed on earnings

Business Standard 23 Oct 2026 7:17 pm

SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply

SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.

The Economic Times 23 Oct 2026 7:15 pm

Shree Cements profit falls 15% on cost escalation

The company is well-positioned to deliver sustainable and profitable growth in the quarters ahead, said MD Neeraj Akhoury

The Hindu Businessline 23 Oct 2026 7:08 pm

Bharat Electronics among 4 Sensex stocks to hit 52-week lows; shares fall up to 9% in a month

Four Sensex stocks, including Bharat Electronics, NTPC, Power Grid Corporation and Hindustan Unilever, touched fresh 52-week lows on Friday as the benchmark index declined. The four stocks have fallen between about 6% and 9% over the past month, reflecting continued weakness in their share prices.

The Economic Times 23 Oct 2026 7:04 pm

Dr Reddys Q2 Results: Net profit falls 36% YoY to Rs 913 crore, revenue declines marginally

Dr Reddys Laboratories reported a 36% year-on-year profit decline to Rs 913.4 crore in Q2 FY27, while revenue slipped 1.5%. North America weakness pressured performance, offset partly by growth in India and emerging markets, alongside biosimilar approvals and strategic partnerships.

The Economic Times 23 Oct 2026 7:02 pm

Binance's AI-Powered Security Systems Prevent $4.6 Billion in Crypto Losses, Protect 8 Million Users in First Half of 2026

Mumbai (Maharashtra) [India], October 23: Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users, revealed that its AI-assisted security systems protected more than 8 million users and prevented approximately $4.6 billion (38,640 crore approx.) in potential losses during the first half of 2026, demonstrating how advanced technology is combating crypto-related fraud and scams in real-time.

Business Standard 23 Oct 2026 7:00 pm

Banks see 5.19 lakh crore deposit outflow, credit shrinks 2.52 lakh crore

Kolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also contracted by Rs 2.52 lakh crore during the same period. Consequently, credit growth decreased to 18.2% from 19.4% in the prior fortnight. Meanwhile, deposit growth recorded a decline to 16.7% compared to 17.8%. The overall outstanding deposits reached Rs 278.76 lakh crore and outstanding credit was Rs 227.

The Economic Times 23 Oct 2026 6:53 pm

Dr Reddys Q2 net profit falls 36% to 925 crore

Revenue dips 1.5%; results hit by 239 crore provision related to Semaglutide API

The Hindu Businessline 23 Oct 2026 6:44 pm

IBM India leases 2.83 lakh sq. ft. at Bagmane tech park in Bengaluru

IBM India has leased office space at Bagmane Solarium City in Bengaluru for 10 years, with monthly rent of 2.49 crore, a 14.96 crore deposit and additional fit-out costs

Business Standard 23 Oct 2026 6:41 pm

Bengaluru-Vijayawada highway: How will it shorten your journey? Route, cost, districts and completion target explained

The 342-km Bengaluru-Vijayawada greenfield highway is part of the Bengaluru-Kadapa-Vijayawada Economic Corridor under Bharatmala Pariyojana Phase II. The six-lane, access-controlled road aims to improve connectivity between Karnataka and Andhra Pradesh.

Livemint 23 Oct 2026 6:39 pm

IndusInd Bank posts 1,242 crore Q2 profit as provisions decline sharply

IndusInd Bank reported a net profit of 1,242 crore in Q2FY27 against a loss a year ago, aided by lower provisions and higher other income, while asset quality improved

Business Standard 23 Oct 2026 6:31 pm

JSW Steel Q2 net up three-fold on higher volumes, better realisation

The company spent 11,136 crore on capex in the first half of this fiscal year and plans to invest another 12,864 crore in the second half, bringing total investment to 22,000-24,000 crore in FY27

The Hindu Businessline 23 Oct 2026 6:20 pm

RBI tightens leverage ratio rules, keeps minimum capital thresholds unchanged

The RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet exposures, while retaining the minimum ratios at 4% for systemically important banks and 3.5% for others. The norms, effective April 1, 2027, also strengthen disclosure requirements and restrict the use of collateral and netting to reduce reported exposures.

The Economic Times 23 Oct 2026 6:17 pm

Flipkart deal helps Netflix log record quarterly subscriber gains in India

Netflix reported record quarterly paid subscriber additions in India and 18 per cent revenue growth in Q3 2026, aided by its transaction-based loyalty partnership with Flipkart

Business Standard 23 Oct 2026 6:14 pm

Infosys CEO says macro recovery looks a little bit more uneven than expected

Infosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Salil Parekh noted uneven market conditions, with some sectors yet to experience improvement. Despite growing AI-related revenue, traditional services are facing productivity compressions as clients aim to cut costs. The company achieved large deal wins worth $3.6 billion, with most being net new business.

The Economic Times 23 Oct 2026 6:07 pm

Petronet LNG, Gruner Renewable form JV to invest 1,200 crore in CBG plants

The 50:50 joint venture plans to develop 10 compressed biogas plants across India, with a combined capacity of 180 tonnes per day, strengthening Petronet LNG's renewable-gas presence

Business Standard 23 Oct 2026 6:01 pm

Pepsi renews Taco Bell partnership days after KFC switches to Coca-Cola in US: How the two have been linked for decades?

The development comes at a difficult time for PepsiCo, which has been trying to improve the performance of its salty snacks business. The company has also faced weakness in its North American soft drinks division.

Livemint 23 Oct 2026 5:59 pm

RBI issues final leverage ratio rules for banks

The Economic Times 23 Oct 2026 5:37 pm

Jio IPO becomes first public issue globally to cross 1 crore applications; record puts spotlight on depth of Indias retail investor base

Jio Platforms has achieved a remarkable milestone, garnering over one crore applications for its upcoming initial public offering. This surge signifies a burgeoning interest from India's retail investors in technology sectors. With the IPO set to debut on October 28, maintaining this enthusiasm is crucial. The communication strategies employed mirror those found in consumer marketing, urging potential investors to evaluate their financial objectives carefully before engaging with the IPO.

The Economic Times 23 Oct 2026 5:26 pm

Musk invests $1 bn in David Ellison's Skydance; here's how his father, Oracle co-founder Larry Ellison, figures in deal

Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report.

Livemint 23 Oct 2026 5:20 pm

Torrent Pharma Q2 net profit falls 10% to 534 crore; revenue rises 51%

Revenue from operations of the Ahmedabad-based company increased 50.8 per cent to 4,979 crore in the quarter, compared with 3,302 crore a year earlier

The Hindu Businessline 23 Oct 2026 5:15 pm

INA Solar Partners with US-Based Caelux in 3 GW Agreement; Targets 29% Module Efficiency by 2028

New Delhi [India], October 23: Insolation Energy Limited (INA Solar), through its subsidiary Insolation Green Energy Private Limited, has entered into a five-year strategic partnership with US-based Caelux Corporation for the commercialisation of 3 GW of advanced solar modules integrating Caelux's proprietary Energy Producing Glass technology with INA Solar's N-Type TOPCon platform.

Business Standard 23 Oct 2026 5:10 pm

Tata Motors CVs profit rebounds to 2,138 crore in Q2 as revenue jumps 41.9%

The company moved closer to completing its 3.91-billion Iveco acquisition

The Hindu Businessline 23 Oct 2026 5:04 pm

inDrive Steps Forward to Support Flood-Affected Families in Lucknow

New Delhi [India], October 23: inDrive, the global mobility and delivery services platform, organised a food donation camp in Lucknow, Uttar Pradesh, supporting drivers and families affected by rising floodwaters.

Business Standard 23 Oct 2026 5:00 pm

BlueStone tweaks product mix, store model as gold prices reshape demand

Rising gold prices push the omnichannel jewellery retailer to rethink entry-level offerings and test new retail formats, as 44% top-line growth is offset by margin pressure and a lower average basket size.

Livemint 23 Oct 2026 4:57 pm

Deepak Reddy to replace Tapan Singhel as Bajaj General Insurance MD & CEO

Deepak Reddy will take over as MD & CEO in April 2027, subject to IRDAI approval, as Tapan Singhel approaches the regulatory limit of 15 years at the helm of an insurer.

Business Standard 23 Oct 2026 4:55 pm

Infosys beats Q2 estimates, lowers annual revenue forecast

Infosys revised its revenue growth forecast for the fiscal year ending March 2027 to 1%-2% from its earlier estimate of up 1.5%-3%.

Livemint 23 Oct 2026 4:50 pm

Noida, Greater Noida commuters may get relief from traffic jams as Gaur Chowk underpass likely to open on Diwali

The junction caters to over five lakh residents and is aimed at reducing traffic congestion on one of Greater Noida Wests busiest traffic corridors.

Livemint 23 Oct 2026 4:50 pm

Tata Motors posts Q2 profit on strong commercial vehicle demand

The automaker reported a profit of 2,138 crore rupees ($225.19 million) for the July to September quarter, compared with a loss of 1,021 crore rupees a year earlier. The profit included a one-time gain of 218 crore rupees.

Livemint 23 Oct 2026 4:46 pm

ET HR Excellence Awards 2027: Recognising HR leaders transforming talent acquisition and shaping the future of work

The ET HR Excellence Awards 2027 celebrates the pivotal contribution of talent acquisition leaders to organizational success. By implementing efficient hiring strategies, these professionals not only enhance their credibility but also demonstrate their significant influence on refining recruitment practices, workforce planning, and developing sustainable talent pipelines that align with long-term business objectives.

The Economic Times 23 Oct 2026 4:44 pm

Kilitch Drugs to divest entire stake in its Ethiopian subsidiary for $14 million

The proposed transaction is part of the companys strategy to optimise its portfolio, strengthen financial flexibility and accelerate investments in its pharmaceutical manufacturing operations in India, it said

The Hindu Businessline 23 Oct 2026 4:41 pm

Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date

Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November 3, with payment scheduled for November 11. This announcement follows a final dividend of Rs 25 per share declared in June.

The Economic Times 23 Oct 2026 4:36 pm

IHG Hotels & Resorts inks 156-key Holiday Inn Raipur in Chhattisgarh

Scheduled to open in Q1 2031, the property will offer 156 keys, the company said

The Hindu Businessline 23 Oct 2026 4:35 pm

Jindal Steel Q2 net profit rises 21% to 771 cr on higher sales volumes

Jindal Steel reported a 21% rise in Q2FY27 net profit to 771 crore, supported by higher sales volumes, while total income grew 26% to 15,289 crore.

Business Standard 23 Oct 2026 4:30 pm

Govt extends duty-free raw sugar import window till Dec 31 to ease festive supplies

The extension, the Government said, is aimed at securing supplies whenever international prices ease to make imports viable

The Hindu 23 Oct 2026 4:25 pm

Bharat Biotech slashes price of malaria vaccine MOSQIVAC by 40%

Bharat Biotech said the move will help protect another 1 million children and generate $50 million in savings.

The Hindu Businessline 23 Oct 2026 4:22 pm

Infosys Q2 Results: Profit rises 6% YoY to Rs 7,823 crore; co lowers revenue guidance

Infosys Q2 Results: IT services major Infosys Ltd on Friday reported 6% year-on-year (YoY) growth in its consolidated net profit at Rs 7,823 crore in the second quarter. The same stood at Rs 7,364 crore in the year-ago period. The company has trimmed its revenue growth guidance to 1-2% in constant currency for FY27 as against 1.5-3% given earlier.

The Economic Times 23 Oct 2026 4:21 pm

Infosys Q2 results: Net profit rises 6.2% to 7,823 cr, revenue up 10.2%

Infosys Q2 results: Net profit rises 6.2% to 7,823 cr, revenue up 10.2%

Business Standard 23 Oct 2026 4:21 pm