32 C 
RBI says NBFC ban on revolving credit is a clarification, not a new rule
In a draft circular released on 6 August, the central bank proposed limiting NBFC lending strictly to term loans.
India has a 1% GDP opportunity. Its hiding in plain sight
India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.
New Delhi [India], October 7: Kyptec Automation is strengthening its industrial imaging connectivity portfolio with the USB 3.0 Machine Vision Camera Cable developed for reliable communication between compatible industrial cameras and host computing systems used in machine vision, automated inspection and factory automation. The Kyptec Automation Machine Vision USB 3.0 A Male to Micro USB 3.0 Male With Screw Camera Cable combines a USB Type A connection for the host system with a Micro USB 3.0 connection incorporating locking screws for the camera side. The cable is available in standard lengths of 2 Meter, 3 Meter and 5 Meter, giving OEMs, machine builders and system integrators multiple options for different camera positions, industrial computer locations and machine geometries while remaining within one defined USB 3.0 machine vision connectivity platform.
Kenso Soai and Henri B. Kagan won the 2026 Nobel Prize in Chemistry for discoveries involving non-linear effects and autocatalysis. Heres what the Soai reaction is, how a tiny molecular imbalance can be amplified, and why the breakthrough matters for chemistry and the mystery of homochirality.
Nandini milk prices: The prices of Nandini Milk are expected to rise by Rs 8 per litre, pending Election Commission clearance. This hike will mark the fifth increase since November 2022 and aims to support milk producers facing challenges. The government plans to implement the new prices by November 1, contingent on approval. Of the increase, Rs 6 will benefit milk producers while Rs 2 will go to milk unions.
RBI turns hawkish on inflation, but rate hikes could test growth momentum
The RBI's rate path from here on remains data dependent beyond December 2026. However, the bar for a December pause is much higher now.
School holiday news: On October 8, 2026, most schools across India are set to operate normally and hold classes. Local disruptions, particularly due to weather, may lead to specific closures in certain areas. Parents are encouraged to verify school schedules and follow district notifications closely. Schools in states like Delhi, Uttar Pradesh, and West Bengal are expected to remain operational.
Goenkas' RPSG bets on energy, chemicals, ITeS as its growth engines
CESC Ltd, the groups utility arm, deals with power distribution as well as renewable energy generation under its subsidiary Purvah Green Power Pvt Ltd. It has a market capitalization of a little over 17,400 crore.
Foreign airlines grouping urges for alternatives to flight cuts at Mumbai airport
IATA says MIAL and carriers must work on transition plan to protect international connectivity to Mumbai Metropolitan Region
WNS Global Services leases 322,000 sq ft of office space in Thane tower
WNS has leased 322,000 sq ft at Hiranandani Centaurus through two agreements, with monthly rent of about 2.90 crore and total rental outgo estimated at 619.37 crore.
NSE cautions investors over pricey overseas ETFs as demand surges
The NSE has cautioned investors about the escalating hazards linked to international exchange-traded funds as they experience steep premiums. While certain ETF prices have risen dramatically, their underlying net asset values stay constant. This disparity is primarily due to supply limitations and new regulations impacting ETF units. Investors should proceed cautiously; purchasing at inflated prices may result in sudden declines.
From roads to solar: DBL plans 15,000 crore energy infrastructure push
Dilip Buildcon plans to invest 6,572 crore in Madhya Pradesh solar projects, with its overall energy portfolio expected to generate lifetime revenue of 68,000 crore
Gurugram (Haryana) [India], October 7: SheFin, a women-first investment platform designed exclusively for women investors in India, has officially launched its mobile application on the Apple App Store and Google Play Store. A brainchild of Sunil Singh, Founder & CEO of InvesTek, SheFin has been created with a clear purpose to encourage more women to participate actively in investing, start their investment journeys early and build long-term financial independence. A women-first investment platform designed to help women start early, invest with greater confidence and build long-term financial independence.
Brookfield enters Indian logistics with 10.5 million sq ft ESR portfolio buyout
The asset manager has committed 4,300 crore to acquire and further develop Grade A warehousing parks across six major hubs, with ESR continuing to manage the properties.
Brookfield to acquire ESR India's logistics portfolio for 4,300 crore
The 10.5 million sq ft portfolio marks Brookfield's entry into industrial and logistics real estate in India, with ESR continuing to manage the assets in the near term
Edtech firm byteXL raises $9 million in funding round led by Elevar Equity
The edtech startup plans to expand from 40 to 120 institutions in two years and strengthen its AI-led learning platform, academic capabilities and skilling programmes
Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikes
Jefferies expects RBIs 25-basis-point rate hike and calibrated tightening stance to support bank earnings, particularly ICICI Bank, SBI and Axis Bank. Faster loan repricing could drive margin expansion, while smaller private banks, NBFCs and life insurers may face greater pressure.
RBI hikes rates, but banks may hold off on raising deposit rates
A surge in FCNR(B) deposits has left banks flush with liquidity, reducing the immediate pressure to compete for deposits even as the RBI begins to drain the surplus.
Valiant Organics among 5 commodity stocks that hit 52-week highs and rallied up to 48% in a month
The Sensex fell 429 points to 72,638 on Wednesday, but five BSE Commodities Index stocks hit fresh 52-week highs. Valiant Organics led gains, followed by OCCL, Tatva Chintan Pharma Chem, Fine Organic Industries and Manali Petrochemicals.
CDK Global appoints Sudhakar Ramakrishna CEO
CDK Global appoints Sudhakar Ramakrishna CEO
True Balance Premieres 'Har Life Ka Balance' Docuseries on JioHotstar
Gurugram (Haryana) [India], October 7: True Balance, an AI-powered digital lending platform, has launched Har Life Ka Balance, a three-part docuseries streaming on JioHotstar. The series follows six True Balance customers from different walks of life, highlighting how access to timely credit has supported their journeys across business, education and personal milestones.
ET Alpha Wealth Summit 2.0: The ideas, trends and opportunities shaping future of wealth creation
ET Alpha Wealth Summit 2.0 brings together leading investors, wealth managers and family-office professionals to decode the forces shaping the next investment cycle. From global capital flows, private credit and alternatives to family offices, GIFT City, SIFs and AI, the summit explores new opportunities and evolving approaches to wealth creation.
Lupin launches fixed dose triple combo inhaler for COPD in India
The product is an important addition to Lupins respiratory portfolio.
Hindustan Unilever has raised detergent prices in October, affecting brands like Wheel, Rin, and Surf Excel. This year, Surf Excel products saw multiple price hikes due to rising input costs, including increased palm oil and packaging expenses.
Marcellus Investment Managers has partnered with VanEck to expand its global investment offering for Indian investors through a multi-asset strategy. The portfolio will span global equity and bond ETFs, commodities and real assets, giving high-net-worth investors access to diversified global exposure and dollar diversification through Marcellus GIFT City.
Only bullish corner: Nithin Kamath flags full-on party in IPOs amid broader market weakness
Indian equities remain under pressure, but recent mainboard IPOs are bucking the trend. Data cited by Zerodha CEO Nithin Kamath shows 67.2% of 125 IPOs listed between October 2025 and September 2026 traded above issue prices, with median returns of 24.7%.
Indian equities ended lower on Wednesday after the RBI raised the repo rate by 25 basis points to 5.5% and shifted its stance to calibrated tightening. The Nifty and Sensex fell 0.76% and 0.59%, respectively, while Titan Company, Adani Enterprises and Hindalco led losses. Kotak Bank and Bharti Airtel topped gainers.
Jet fuel shock: Govt explores price stabilisation fund relief for airlines as ATF prices climb
India is contemplating reviving jet fuel price stabilisation fund amid rising prices, influenced by geopolitical turmoil. Discussions are ongoing with airlines and oil-marketing companies, as ATF constitutes 40% of airline expenses. IndiGo has raised its fuel surcharge in response to soaring costs.
NimbusPost Launches Edge, an Invite-Only Priority Support Programme for Scaling D2C Brands
New Delhi [India], October 7:NimbusPost, India's second largest shipping aggregation and intelligence platform, today announced the launch of NimbusPost Edge, an invite-only priority support programme designed for scaling D2C brands that have outgrown standard shipping support.
Cashfree in talks to raise $80-100 million
Existing investor Krafton Inc. is expected to raise stake at the same valuation.
Gradiant bets big on India, secures five contracts, including semiconductor fab
Company appoints Hari Prasad as India MD as water-treatment firm wins five contracts across semiconductor, PCB and solar manufacturing
Flipkart's ex-employees press Walmart for fair ESOP treatment ahead of IPO: Report
Flipkart's ex-employees have approached Walmart's board, seeking fair treatment for their vested ESOPs ahead of the company's planned IPO. Over 30,000 employees may receive 38,000 crore from buybacks. Here's a look at the latest
RBI to share views on Irdais proposed insurance distribution overhaul
RBI governor Malhotra said RBI has not formed a view on Irdais proposed distribution reforms but will share its comments.
HubSpot lays off 660 workers, offers 20 weeks base pay and job-search support
Despite the restructuring, HubSpot has maintained its revenue and non-GAAP operating income forecasts for both the third quarter of fiscal 2026 and the full year ending December 31, 2026.
FCNR inflows to keep cap on bank deposit rates
The liquidity from the foreign currency non-resident deposits is likely to stabilize bank deposit rates temporarily. This situation will allow banks to benefit from higher lending rates associated with floating rate loans. Despite the current surplus liquidity, analysts foresee a shift towards neutrality by the end of December. The Reserve Bank of India emphasizes the importance of proper usage of these deposits for economic stability.
L&T arm bags order worth over 5,000 crore for Jharkhand power project
L&T Energy CarbonLite Solutions has secured a limited notice to proceed for the main plant package of the 1,600 MW Chandrapura thermal power project in Jharkhand.
WHO seeks more details from Russia about reasons for plague institute worker's death
The World Health Organization has sought further information from Russia regarding the death of a laboratory worker. Reports indicate that Darya Shipilova died from pneumonia, with health officials indicating no plague cases among contacts. International concern has escalated, prompting questions about the cause of her illness. Transparency is deemed essential for assessing potential public health risks related to this incident.
'We carry Africa in our hearts and will build partnership for generations to come': Jaishankar
India's External Affairs Minister S Jaishankar is visiting Ghana to strengthen bilateral relations and discuss strategic cooperation. He held talks with his Ghanaian counterpart regarding trade, investment, and multilateral cooperation. India plans to support Africa through technology, energy, and capacity building initiatives while enhancing their strategic autonomy. Jaishankar highlighted the importance of supply chain resilience and empowering the continent's youth.
AAP protests outside Delhi CEO office over SIR, seeks CEC Gyanesh Kumar's resignation
Scores of workers from AAP and other political parties protested for the resignation of Chief Election Commissioner Gyanesh Kumar. The protesters criticized the deletion of millions of voters' names from the electoral rolls in Delhi. Saurabh Bharadwaj emphasized their protest is for constitutional rights, not personal rivalries. Planned protests are set for October 10 at Jantar Mantar regarding these electoral issues.
RBI may hike interest rate further in December policy: Experts
The Reserve Bank of India has shifted its policy stance to calibrated tightening amid rising inflation concerns. A rate hike of up to 50 basis points is anticipated in December, increasing the current benchmark rate. Various economists emphasize the likelihood of cumulative rate increases over the next months. Rising commodity prices and global market volatility are influencing these monetary policy decisions.
Yashoda Lodhi, known as English with Dehati Madam, has seen her online following grow after Priyanka Chopra shared her farm video on Instagram. The Uttar Pradesh-based content creator now has more than 583,000 Instagram followers and over 400,000 YouTube followers. Her work has also received attention from Mrunal Thakur, Abhay Deol and R Madhavan.
How Russia and the world are responding to possible case of pneumonic plague after lab worker dies
The World Health Organisation has confirmed that Russian authorities reported no cases of plague in Siberia. A laboratory worker at the Irkutsk Anti-Plague Research Institute recently died from pneumonia. Investigations revealed she had a typical acute respiratory viral infection and not pneumonic plague. Russian officials have completed contact tracing and concluded that the epidemiological situation remains stable. US officials are advising Russia to share more information about the ongoing investigation.
An 80 year old retired ordnance factory manager, his wife and their house help were murdered at their Dehradun home on Tuesday after a plumber got into an argument over payment for repair work he had done. Accused allegedly stabbed all three with a screwdriver before fleeing with a gold chain, and was caught by neighbours soon after.
The Northern Lights forecast looks promising, but seeing the Aurora Borealis is never guaranteed. Much depends on the magnetic orientation of the incoming cloud. It could lead to a sky filled with glowing curtains of light. Or the display could turn out to be much weaker than expected.
Oat cookies, sambar rice on menu as MCD schools revamp mid-day meals
New Delhi's Municipal Corporation is set to enhance mid-day meals for children in its schools. Starting in November, new vendors will introduce diverse and appealing meal options like oat cookies and fruit. The menu will retain popular dishes, with additional variations to encourage healthier eating habits. Nutritional standards, requiring specific calorie and protein intake, will be maintained by regulated food checks.
CM Vijay: Tamil Nadu Chief Minister Joseph Vijay inspected Aavin's Madhavaram dairy complex in Chennai and inaugurated a new Rs 2.23 crore laboratory annex building, at a time when residents are reporting shortages of Aavin milk at retail outlets across the city. The visit comes weeks after the state hiked milk procurement price twice in August, taking it from Rs 38 to Rs 44 a litre.
Union Environment Minister Bhupender Yadav addressed COP31 priorities during the Pre-COP31 meetings in Fiji. He highlighted the need for bridging knowledge gaps and fulfilling climate obligations effectively before upcoming conferences. Yadav conducted bilateral talks with UN officials, focusing on significant climate priorities such as adaptation and climate finance.
CBSE Class 10 and Class 12 board exam date sheet 2027 is expected to be released soon. Students can use the previous examination schedule and CBSEs 2026-27 sample papers to begin preparation while waiting for the final timetable. The 2027 board exams are expected to be held in February and March, with students advised to check dates, timings and instructions carefully once the schedule is released.
Why Warren Buffett considers interest rates key to stock valuations
RBIs first repo rate hike in nearly four years highlights why interest rates matter for stock valuations, echoing Warren Buffetts long-held view that higher rates can weigh on asset prices.
Titan reports 25% revenue growth in Q2FY27, jewellery sales up 21%
Titan Co Ltd, the country's leading branded jewellery and watchmaker, reported a 25 per cent year-on-year growth in its revenue for the September quarter of FY27, driven by performances across its jewellery, watches and eyewear segments. However, the growth momentum moderated on a sequential basis, with revenue growth in the September quarter at 25 per cent, compared with over 40 per cent in each of the preceding three quarters. Titan had reported 40 per cent growth in standalone revenue in the December quarter of FY26, which further accelerated to 46 per cent in the March quarter. It had reported 41 per cent revenue growth in the June quarter of FY27. In the September quarter, its jewellery division, which contributed 91.5 per cent of its over Rs 75,000 crore revenue in FY26, reported 21 per cent growth. Titan, which operates in the branded jewellery segment with its flagship brand Tanishq and other brands, including Mia, Zoya, beYon and CaratLane, said consumer demand remained ..
HD Fire Protect IPO price band set at Rs 258-271; Rs 712 crore issue opens on October 13
HD Fire Protect has fixed the price band for its Rs 712.31 crore IPO at Rs 258-271 per share. The issue will open on October 13 and close on October 15, 2026. Entirely an offer for sale, the IPO will see promoters sell 2.63 crore shares, with the company receiving no proceeds from the issue.
Philips to double air fryers retail outlets with an eye on smaller cities
As the adoption of air fryers grows beyond metros into tier-III and IV towns, Philips targets to enhance direct distribution from 10,000 retail outlets to about 20,000 in the near future
Global Market: France faces rising market pressure to rein in public finances
As France grapples with escalating borrowing costs and a dwindling euro, the urgency for bolstered fiscal stability intensifies. With the presidential election on the horizon, tension mounts from political factions and public unrest. Far-right figure Marine Le Pen advocates for drastic cuts in spending, championing deficit control. Yet, doubts linger regarding her administration's capacity to enact these strategies as the financial climate adds complexity to the looming electoral decisions.
Green Orchid Group Launches Premium Villas Within Its 500-Acre Township Near Guwahati Airport
New Delhi [India], October 7: The villa project offers individual and twin-villa formats in 4+1 BHK and 5+1 BHK configurations. The Type A Individual Villa is a 5+1 BHK residence with an approximately 2,557 sq. ft. built-up area on an approximately 2,235 sq. ft. plot. It is priced at 1.65 crore, with a limited-period price of 1.55 crore. The Type B Twin Villa is a 4+1 BHK residence with an approximately 2,244 sq. ft. built-up area on an approximately 1,534 sq. ft. plot, priced at 1.35 crore, with a limited-period price of 1.25 crore.
ITC Infotech has launched the VANGUARDS program aimed at fostering high-potential engineers to drive AI transformation. This program connects technical expertise with business needs to achieve measurable outcomes. VANGUARDS engineers will work directly within client environments to enhance innovation and improve alignment between teams. The initiative reflects a shift from experimentation to scalable execution of AI solutions. Organizations can expect improved speed in realizing AI investments to achieve business impact.
BenQ says India is growing at twice the global pace, backing 1,000-crore push
BenQ is stepping up its India expansion as sales grow at roughly twice the companys global pace
Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shifted to calibrated tightening. Analysts expect Q2 revenue growth to remain strong, but rising commodity costs, limited pricing power and elevated inventories could pressure margins and demand.
L&T gets initial nod to build main part of 1,600 MW thermal power plant in Jharkhand
The project is being developed by a joint venture of Damodar Valley Corporation and Coal India.
Airtel introduces new postpaid plans, hikes prices by 3-11%
Airtel said that the users will be able to enjoy an international trip with free roaming every year with these new postpaid plans, along with all existing benefits, effective 8 October 2026.
Shell raises Q3 gas output forecast
The integrated gas outlook includes its $16.4 billion acquisition of Canadian energy company ARC resources
Indian mobile tariffs could rise by 1215% within four to five months, according to Centrum Institutional Research. While Jio, Airtel and Vi have not confirmed any hike, prepaid and postpaid users may face higher bills if operators revise their plans.
Starlink says India operations built around security rules as launch awaits government clearance
Starlink says it has kept India user data within the country and built local infrastructure as satellite internet providers await final regulatory and security approvals.
Pine Labs, CAMS, Moneyview, other fintech stocks rally up to 11% after RBI MPC move. Heres why
Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability among NBFC account aggregators. The move will let customers share financial information across different account aggregators through a single account, without fresh registration, subject to their consent.
Why India could become a global hub for responsible digital assets innovation
India could emerge as a global hub for responsible digital asset innovation by combining its strong technology talent, blockchain expertise and digital infrastructure. The convergence of AI and onchain technologies could enable agentic commerce, stablecoin payments and programmable finance, while thoughtful regulation, consumer protection and innovation can strengthen Indias leadership.
RBI to make account aggregators interoperable; integrate demat and deposit data
Account aggregators interoperability can allow customers to access the ecosystem seamlessly irrespective of the account aggregator.
Serum Institutes HPV vaccine Cervavac receives WHO prequalification
Inclusion on the WHO list allows Cervavac to be procured by U.N. agencies. The vaccine targets four HPV types and is indicated for girls and boys aged 9 through 26 years
RBIs 25-bps repo rate hike to 5.50% was largely expected, but its shift to calibrated tightening surprised markets and signals that near-term rate cuts are unlikely. Analysts expect selective pressure on rate-sensitive sectors, while banks with stronger balance sheets may remain relatively better placed amid rising inflation and crude prices.
Beyond One-Time Giving: Why Individual Participation Matters to India's Social Sector
Mumbai (Maharashtra) [India], October 7: India has always had a strong culture of giving. What is changing is how people give and how easily they can support the causes they care about. Digital payments have made giving simpler and faster, while greater access to information is helping people discover social causes and organisations working on them.
HDFC Bank shares have witnessed a significant decline, dropping nearly 15% in the last quarter following unsatisfactory first-quarter results. With Anup Bagchi now at the helm as CEO, leadership transitions are anticipated to impact the bank's trajectory. Investors are eagerly awaiting the Q2 earnings report on October 17, hoping it will shed light on growth strategies.
Reliance Jio IPO: Rs 37,700 crore mega issue, full schedule & 5 must-know details
Nifty earnings seen rising 27%, strongest growth in 17 quarters in Q2: Motilal Oswal
Indias Q2FY27 earnings season is expected to mark a strong recovery in corporate profitability, with Nifty 50 earnings projected to grow 27% YoY, the highest in 17 quarters, according to Motilal Oswal. While resilient domestic fundamentals and liquidity support the outlook, persistent FII outflows, weak foreign investor sentiment and global macroeconomic pressures remain key challenges for Indian equities.
10 BSE 500 stocks tumble up to 45% in just one month
Indian equities faced heightened volatility, with Sensex and BSE 500 declining about 4.5% over the month. Several stocks suffered sharper losses, led by PB Fintech, IFCI and New India Assurance, with declines ranging from 16% to 44% among major BSE 500 laggards during the period.
RBI raises policy rates 25 bps to tame inflation as India hurdles growth barriers
The Reserve Bank of India has unanimously decided to increase the benchmark repo rate by 25 basis points. This decision was made amid rising inflation projections and increasing US bond yields. The bank also revised its economic growth forecast for FY27 to 7.1%, indicating strong economic activity. Inflation is expected to reach an average of 5.2% through FY27, affecting consumer prices.
An IIT graduate has sought immediate work and temporary accommodation in Hyderabad after claiming that her father asked her to leave home, leaving her with money for only two to three days. In a Reddit post, she asked about job opportunities, including live-in maid work, and said she was willing to relocate and start immediately. The post sparked discussion about employment challenges faced by highly qualified graduates.
How the EU regulates lobbyists after 2022 Qatargate bribery scandal
Following the 2022 Qatargate bribery scandal, the European Union tightened its lobbying rules in Brussels, where thousands of businesses and industries push their interests to EU lawmakers and officials. - Public agendas - Brussels tightened its lobbying rules after the so-called Qatargate cash-for-influence scandal in 2022, when former EU lawmakers were suspected of taking bribes from Qatar and Morocco.
Nepal in talks with China to reopen Tatopani border point
Kathmandu is engaged in discussions with China to resume operations at the Tatopani border point. The border has remained closed since August due to severe floods and landslides affecting both Nepal and China. Infrastructure Development Minister Sunil Lamsal stated that no issues exist on the Nepali side of the border. However, readiness from the Chinese side to reopen remains uncertain as infrastructure is being restored.
RBI announced measures to simplify financial tracking, allowing SEBI-registered depositories to include bank deposit details alongside securities, equity and debt holdings in a single consolidated statement by end-2026. It also approved interoperability among NBFC account aggregators, enabling financial information to be aggregated across multiple account aggregators through a single account.
Infinite Uptime Included in 2026 Gartner Magic Quadrant for Global Industrial AIoT Platforms Report
Atlanta (Georgia) [US], October 7: Infinite Uptime, the Production Outcomes Partner for Heavy Industries, today announced that it has been included in the 2026 Gartner Magic Quadrant for Global Industrial AIoT Platforms.
Bank stocks including Kotak Mahindra Bank, PNB, Union Bank and Canara Bank gained up to 2% after the RBI rose on Monday after the repo rate by 25 basis points to 5.50%. The Nifty Bank index rose as investors assessed the impact of the rate hike and the RBIs shift to calibrated tightening.
Mint Explainer: How are Indians shopping for home and kitchen this Diwali?
Higher input costs and consequent price hikes could weigh on sales.
CX Partners-backed Veeda Lifesciences eyes majority stake sale at upto $400 million valuation
Veeda Lifesciences has restarted a process to sell a majority stake at a $300-400 million valuation, with existing investor CX Partners expected to exit and fresh capital aimed at expansion.
Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in Kotak Mahindra Bank, driven by strong growth prospects. Welspun Corp is now part of the portfolio due to anticipated expansion in oil and gas infrastructures.
Bhubaneswar-based CSM Technologies deploys royalty management system for Kenyan mineral sector
Since natural wealth has huge public value impacting future generations of a nation, it is important to build a transparent and technology-driven royalty administration system, says CSM MD Priyadarshi Pany
Global PE Funds eye controlling stake in Gemsons at 1,200 cr valuation
EQT, Carlyle, Blackstone and ChrysCapital are amon eyeing a stake in Gemson, with the deal likely to help expand capabilities
Beyond the diaspora: Indian music artists are ready for a true global crossover
Indian music artists are making strides on the global stage, primarily through diaspora connections. Experts advocate strategic marketing and international collaborations to broaden their appeal as independent Indian artists shift away from reliance on film for global success.
Paramount closes Warner merger in historic Hollywood deal
The new company, which will be called Skydance, combines two of the five largest Hollywood film studios, uniting major franchises such as Harry Potter and Mission Impossible
RBI opens up Account Aggregator network, making financial data sharing easier for consumers
The Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify information sharing. Customers will be able to authorize financial data sharing with banks and lenders. This interconnected system eliminates the need for users to switch platforms for different Account Aggregators. The changes are aimed at enhancing convenience and seamless interactions in financial services. Customer consent remains essential for the sharing of financial information between platforms.
Jio IPO SWOT analysis: What the DRHP says about its growth story, moats and risks
Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.
