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Welspun Corp plans 2,280-cr expansion across US, Jordan; Q2 profit rises 3%

Welspun Corp will use the funds to augment its existing pipe manufacturing capacity in the US, and set up a new facility in Jordan

The Hindu Businessline 29 Oct 2026 3:29 pm

PNB Housing Finance targets 3,000 crore corporate loan book by FY27-end

The company is maintaining its growth guidance even after a rating upgrade that will help reduce borrowing costs 

Livemint 29 Oct 2026 3:29 pm

Banas Dairy in Gujarat to more than double French fries capacity to 5 tonnes per hour

Prime Minister Narendra Modi will e-inaugurate the expanded processing facility at Sanadar in Deodar taluka of Vav-Tharad district on Friday

The Hindu Businessline 29 Oct 2026 3:24 pm

TVS Motor to raise e2W capacity to 80,000 units a month by March 2027

TVS Motor Company plans to increase its electric two-wheeler manufacturing capacity to 80,000 units per month by the end of March 2027 to meet strong demand for electric scooters, according to a senior company official. Now we are also enhancing the capacity. We are now operating at around 60-65,000 units. We have already planned for the next level of capacity expansion to about 80,000 units, TVS Motor Chief Executive Officer KN Radhakrishnan told investors. Electric vehicle penetration has been growing at a very strong pace in the two-wheeler space. Penetration in the overall two-wheeler market has been around 11-12 per cent, while it has crossed the 20 per cent mark in the scooter segment. TVS Motor is currently the market leader in the electric two-wheeler segment. Its major competitor, Bajaj Auto, is also enhancing Chetak capacity to 80,000 units. Ather Energy is also increasing capacity at its existing facility to over 41,000 units while its new facility is coming up. TVS .

Business Standard 29 Oct 2026 3:21 pm

Who is Bert Mueller? How an American got Mexican food right in India and built a $23 million California Burrito chain

Who is Bert Mueller, and how did he build a $23 million California Burrito chain? Here's what you need to know:

Livemint 29 Oct 2026 3:20 pm

Over 100 of the 600-plus medicines listed by NPPA do not show a drop in prices

The Centre recently capped the trade-margins at 30% on 137 cancer drugs following scathing observations from the Supreme Court on steep trade-margins

The Hindu Businessline 29 Oct 2026 3:20 pm

Jupiter Wagons secures 1,140-crore order from Ministry

JWL said it expects incremental order inflows of around 2,000 crore in the fourth quarter

The Hindu Businessline 29 Oct 2026 3:13 pm

Noel Tata to step down from six Tata company boards soon, but his Tata Sons role matters | Explained

Noel Tata, upon turning 70, will cease to be the non-executive chairman of Trent, Voltas, Tata Investment Corporation, and non-executive vice-chairman of Tata Steel and Titan Company. His successor has not yet been announced.

Livemint 29 Oct 2026 2:57 pm

Sam Altmans chronic disappointment with MBA students: Was cool 5 years ago- Why he wants them to try something new

Sam Altman warns AI will transform jobs but says young professionals can gain an edge by building new businesses instead of following outdated career playbooks.

Livemint 29 Oct 2026 2:55 pm

Telcos urge Centre to accept Trais backhaul spectrum fee proposal

In December 2025, Trai proposed cutting charges by up to 55% in some microwave bands and setting a uniform spectrum usage charge of 0.1% per carrier, replacing the existing variable-rate structure.

Livemint 29 Oct 2026 2:54 pm

RIL Q2 Results Preview: Profit outlook brightens as O2C business set to drive growth

Reliance Industries is expected to report 15-17% year-on-year growth in September-quarter EBITDA, driven by a sharp recovery in its oil-to-chemicals business. Brokerages expect stronger refining margins, higher throughput and a weaker rupee to offset subdued retail and oil and gas performance. Investors will track O2C profitability, Jio Platforms earnings and retail margins as RIL announces results.

The Economic Times 29 Oct 2026 2:54 pm

ACME Solar Q2 results: Posts net profit of 267 crore

ACME Solars consolidated total expenses also rose to around 134 crore in Q2 FY27 against 123 crore in Q1 FY27 and 68 crore in Q2 FY26

The Hindu Businessline 29 Oct 2026 2:53 pm

softwaresystem.in Brings Live Chat AI Assistance and Visitor Insights Together With Livechatbot.in

Bangalore (Karnataka) [India], October 29: Businesses invest in SEO, advertising, and websites to attract potential customers. Yet a visitor with an unanswered question can leave before making an inquiry. For small teams, the challenge continues after contact: messages arrive across different channels, routine questions consume time, and promising enquiries can get lost between conversations.

Business Standard 29 Oct 2026 2:45 pm

Ambuja Cements Q2 Results: Net profit tanks 90% YoY to Rs 114 crore on tax reversal effect; revenue rises 10%

Ambuja Cements Q2 Results: The company reported a 90% year-on-year decline in Q2 FY27 net profit to Rs 114 crore due to a Rs 1,697 crore income tax provision reversal in the year-ago quarter. Revenue rose 10% to Rs 6,113 crore. Shareholders also approved the proposed amalgamation of ACC and Orient Cement with Ambuja, with completion expected in FY27, subject to approvals.

The Economic Times 29 Oct 2026 2:43 pm

SBI Mutual Fund's AUM rises 10% to 13.1 trn; H1 operating profit up 11%

SBI Funds Management Ltd, the asset manager of SBI Mutual Fund, reported a 10 per cent year-on-year increase in quarterly average assets under management (QAAUM) to Rs 13.1 lakh crore for the quarter ended September 30, 2026, while operating profit for the first half of the financial year rose 11 per cent to Rs 1,797 crore. Operating revenue for the six months increased 12 per cent from a year earlier to Rs 2,336 crore, the company said in a press release. Actively managed equity assets averaged nearly Rs 9 lakh crore in the September quarter, up 9 per cent year-on-year, giving the company a 12.4 per cent market share in the segment. Assets under management in systematic investment plans (SIPs) rose 15 per cent to Rs 2.07 lakh crore, representing a 12.3 per cent market share. The growth in equity and SIP assets underscores the scale of SBI Funds Management's presence in India's mutual fund industry, particularly in actively managed equity products and systematic investment-led ...

Business Standard 29 Oct 2026 2:32 pm

GDAI launches India gaming report, highlights need for stronger funding

The report developed in partnership with PhonePe Appstore and research partner The Dialogue examines the structural challenges facing Indian game developers and identifies priorities for building globally competitive studios

The Hindu 29 Oct 2026 2:26 pm

Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crore

Pine Labs shares rose sharply on Thursday after the fintech company reported a 543% year-on-year jump in Q2 FY27 net profit to Rs 38.6 crore. Revenue rose 24% to Rs 806.2 crore, while EBITDA increased 67.3%. Growth in payments, UPI transactions and international markets supported performance as the company expands into AI-led commerce.

The Economic Times 29 Oct 2026 2:21 pm

Propulsion start-up Viridian Ingni raises 1.47 crore in pre-seed round led by Inflection Point Ventures

Viridian plans to use the funds to move from validated prototypes into pilot production

The Hindu Businessline 29 Oct 2026 2:19 pm

Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividend

Asian Paints Q2 Results: The paint maker reported a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore, while revenue grew 17% to Rs 9,977 crore. The company announced an interim dividend of Rs 5.75 per share, with November 4 set as the record date, even as shares fell 2%.

The Economic Times 29 Oct 2026 2:16 pm

Cube Highways Trust Records 10.27% YoY Revenue Growth in H1 FY27, Declares Rs.3.79 Per Unit Distribution

New Delhi [India], October 29: Cube Highways Trust (Cube InvIT) [NSE/BSE: CUBEINVIT/543899], managed by Cube Highways Fund Advisors Pvt. Ltd. (the Investment Manager), announced its results for the quarter and half year ended September 30, 2026.

Business Standard 29 Oct 2026 2:05 pm

IHCL, Adani Airports announce agreement for eight hotels with over 2K rooms

The properties will operate under the Taj, Vivanta, Gateway and Ginger brands across Mumbai, Ahmedabad, Lucknow and Guwahati, with most expected to open in three to four years

Business Standard 29 Oct 2026 2:00 pm

ACME Solar shares rally 5% after Q2 profit jumps over 100%, signs 400MV agreement with NTPC

ACME Solar shares rose 5% after its Q2 FY27 profit surged 133.5% to 269 crore and revenue climbed 67.5% to 1,007 crore. The rally was also supported by its subsidiary signing a 25-year power purchase agreement with NTPC for a 400 MW renewable energy project.

The Economic Times 29 Oct 2026 1:58 pm

Michael Burry says Anthropic IPO papers show AI industry is 'catastrophically vulnerable'. What the 'Big Short' investor sees

Investor Michael Burry warned that Anthropics planned IPO exposes serious vulnerabilities in the AI industry, citing massive infrastructure commitments, slowing growth and mounting costs. The investor, known for predicting the 2008 financial crisis, believes disappointing AI revenues could trigger a significant market correction and capital losses.

The Economic Times 29 Oct 2026 1:47 pm

Eleven Power to pursue legal remedies after HERC halts licence process

Haryana's electricity regulator has stopped further proceedings on the company's 25-year parallel distribution licence for Gurugram and Nuh following a state government directive

Business Standard 29 Oct 2026 1:42 pm

Jio Q2 Preview: First results after listing tomorrow. What should investors expect?

Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerages expecting double-digit revenue growth in Q2 FY27. Nomura projects revenue of Rs 40,400 crore and net profit of Rs 7,610 crore, while subscriber additions and ARPU growth will be key metrics for investors.

The Economic Times 29 Oct 2026 1:41 pm

Hero MotoCorp expects Q3 margin to stay stable despite commodity inflation

The two-wheeler maker plans to offset input-cost pressure through cost savings, improved VIDA economics and selective price increases, while exports are expected to recover

Business Standard 29 Oct 2026 1:37 pm

Hero MotoCoro not cutting down on investment to protect margins: CEO Harshvardhan Chitale

Company sticks to 1,500 crore capex guidance; Vida EV retail volumes rise 74% y-o-y to 66,000 units in quarter

The Hindu Businessline 29 Oct 2026 1:34 pm

Maruti Suzuki achieves exports of 50,000 EVs since August 2025

Maruti Suzuki exports EVs to nearly 50 countries, with Europe as the largest destination, says Hisashi Takeuchi, MD & CEO, MSIL

The Hindu Businessline 29 Oct 2026 1:22 pm

Job cuts, retirement plan, voluntary exits: Whats going on at Microsoft?

Microsofts recent workforce moves come amid strong financial growth and rising investments in AI infrastructure

The Hindu 29 Oct 2026 1:21 pm

Job cuts, retirement plan, voluntary exits: Whats going on at Microsoft?

Microsofts recent workforce moves come amid strong financial growth and rising investments in AI infrastructure

The Hindu 29 Oct 2026 1:21 pm

Jio Platforms set for steady Q2 growth; tariff hikes remain in focus

Two days after its public-market debut, Jio Platforms faces a crucial quarterly test as limited Arpu growth leaves investors seeking clarity on future price increases.

Livemint 29 Oct 2026 1:08 pm

Maruti Suzuki India's EV exports cross 50,000 units since August 2025

Maruti Suzuki India Ltd on Thursday said its cumulative electric vehicle exports crossed 50,000 units between the start of global shipments in August 2025 and October 2026. The company said its electric vehicle exports accounted for nearly 93 per cent of India's electric passenger vehicle exports during April-September 2026. The auto major said it exports e VITARA to nearly 50 countries, including the UK, Norway, Germany, Japan and Switzerland, with Europe being its largest export destination. Production of the electric SUV began at its Hansalpur facility in Gujarat in August 2025 for sale in over 100 countries. Today, Maruti Suzuki exports EVs to nearly 50 of these countries, with Europe being the largest destination. In April-September 2026, Maruti Suzuki accounted for nearly 93 per cent of India's electric passenger vehicle exports, Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi said. The Hansalpur facility is the exclusive manufacturing base for Suzuki's firs

Business Standard 29 Oct 2026 1:08 pm

One Planet Partners launches maiden PE fund, targets Rs 3,000 crore

One Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over 3,000 crore and target mid-market companies in India. One Planet will focus on sectors such as energy, mobility, and manufacturing, offering growth capital of 100 crore to 500 crore. Yulu Bikes Private Limited is the firm's first investment, participating in their $93 million Series C funding round.

The Economic Times 29 Oct 2026 1:05 pm

Pharmacy Council of India (PCI) Honours Veteran Educators with 'Bheshji Siksha Samman' (Pharmacy Education Award)

New Delhi [India], October 29: The Pharmacy Council of India (PCI) has announced a national initiative to honour veteran academicians with the prestigious 'Bheshji Siksha Ratan' (Pharmacy Education Jewel) Award at the ITC Welcome Hotel, Dwarka. The national felicitation ceremony recognises approximately 100 distinguished educators from across India who have completed at least 25 years of service in pharmacy education.

Business Standard 29 Oct 2026 1:00 pm

Delhi traffic advisory: Restrictions, diversions around JLN Stadium on October 30 for Diljit Dosanjh concert

Delhi Traffic Police announced traffic advisories for Diljit Dosanjh's concert at Jawaharlal Nehru Stadium on October 30, 2026. The traffic restrictions will be implemented from 1 pm to midnight in the vicinity of the venue. Commuters are encouraged to use public transport, with Delhi Metro considered a suitable option. Motorists should remain patient and follow traffic rules to assist with smooth movement.

The Economic Times 29 Oct 2026 1:00 pm

Meesho shares slip 0.5% post-results; analysts split on valuation

The stock opened sharply lower at 222 before recovering to a days high of 232.50.

The Hindu Businessline 29 Oct 2026 12:58 pm

What to know about Brazil's Bolsonaro's departure to the US after his electoral defeat

Flavio Bolsonaro, a Brazilian senator, fled to Miami with his family after losing the presidential election. He had been under investigation for corruption and faced passport seizures ordered by the Supreme Court. His father, Jair Bolsonaro, had previously claimed electoral fraud without providing evidence. Despite allegations of voter suppression, the electoral results were widely accepted by political leaders around the world.

The Economic Times 29 Oct 2026 12:57 pm

Explained: Why Anthropic could owe Amazon $110 b even if it doesn't use all the cloud capacity it has committed to buy

Anthropics $110 billion AWS deal includes a minimum spending requirement through 2036. Explore why the AI company could face hefty payments even if usage falls short.

Livemint 29 Oct 2026 12:52 pm

SpiceJets market share falls to 0.6%, slips below Star Air for first time | What went wrong

 IndiGo led September on-time performance at 91.1%, followed by Akasa Air at 90.8% and Air India Group at 81.7%.

Livemint 29 Oct 2026 12:49 pm

HUL shares rise 3% after Q2 results. Jefferies, Nomura cut target price but forecast 29% upside potential

Hindustan Unilever shares rose on Thursday after the FMCG major reported a 4% year-on-year increase in Q2 FY27 net profit to Rs 2,790 crore and 15% revenue growth to Rs 18,226 crore. Jefferies, Nomura and JM Financial cut their target prices but continue to see upside potential of up to 29%.

The Economic Times 29 Oct 2026 12:44 pm

Technical picks for Diwali! 10 stocks PL Capital is bullish on this festive season. See full list

Brokerages see potential upside in 10 stocks, including DLF, Apollo Hospitals, GE Vernova T&D India and Jindal Steel, citing bullish chart patterns, improving momentum and signs of recovery. Technical indicators suggest further gains, though investors should assess risks and verify stop-loss levels.

The Economic Times 29 Oct 2026 12:34 pm

HUL trades in green as strong Q2 numbers lift stock 1.55%

At the current price, the stock trades at a symbol P/E of 28.30, well below its 52-week high of 2,526 touched on October 28, 2025.

The Hindu Businessline 29 Oct 2026 12:33 pm

Gautam Adani-led Adani Enterprises returns to profit as revenue jumps 75%, but shares fall | Can new businesses deliver?

GQG Partners cut its Adani Enterprises stake to 1.82% from 3.9% as the shares appreciated, while its co-founder maintained confidence in Indian infrastructure. 

Livemint 29 Oct 2026 12:32 pm

Jio's strong market debut boosts confidence in India's IPO pipeline

With 113 companies cleared to list and another 115 having filed draft papers, Jio's debut could encourage large offerings from firms including PhonePe, Flipkart and Hindustan Coca-Cola Beverages

Business Standard 29 Oct 2026 12:15 pm

Vedanta Aluminium more than doubles profit; cost cuts in focus to drive earnings

Vedanta Aluminiums September-quarter net profit more than doubled, while revenue rose 41% and EBITDA surged 83% year-on-year. The company expects higher production volumes and lower costs to support earnings despite declining aluminium prices. Production costs could fall 6% by year-end, aided by increased captive bauxite availability and operational efficiencies.

The Economic Times 29 Oct 2026 12:12 pm

Adani group stocks jump up to 3%, add Rs 23,000 crore to total m-cap. Whats behind the surge?

Adani Group stocks rose on Thursday, adding Rs 23,000 crore to their combined market capitalisation, as Q2 results and bullish brokerage calls lifted sentiment. Adani Power reported a 134% jump in net profit, while Jefferies raised its target price for Adani Ports and sees significant upside in Adani Enterprises.

The Economic Times 29 Oct 2026 12:03 pm

Karwa Chauth 2026 Moonrise Time Today: Check city-wise timings for Delhi, Noida, Gurugram, Jaipur, Mumbai, Bangalore and other cities

Karwa Chauth Moonrise Time: Celebrated by married women, Karwa Chauth involves a day-long fast until the moon appears. The rituals commence early with Sargi, a pre-fast meal. As evening falls, women engage in traditional prayers, culminating in breaking their fast upon sighting the moon. Since different cities in India experience varied moonrise timings, women must confirm their local schedules to participate meaningfully.

The Economic Times 29 Oct 2026 11:59 am

Cyclone Arnab: Home Minister Amit Shah speaks with CMs of affected states, assures all support

Union Home Minister Amit Shah spoke to the chief ministers of Andhra Pradesh, Puducherry, Odisha and Chhattisgarh following Cyclone Arnab, assuring them of the Centres assistance in relief and rescue efforts. He said NDRF and SDRF teams were working to mitigate the impact of the storm, while inter-ministerial central teams would soon assess the damage and determine the need for further assistance. The IMD had forecast that the cyclone would gradually weaken.

The Economic Times 29 Oct 2026 11:54 am

'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection point

Chief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mentioned the challenges posed by global shocks and supply-side disruptions in recent years. The reliance on imported crude oil adds to India's vulnerability to fluctuating international energy prices. Strengthening resilience to external disruptions is crucial for managing such risks effectively.

The Economic Times 29 Oct 2026 11:53 am

Adani Enterprises completes 60% of 26,000-cr PVC project at Mundra

Adani outlines 16,133 crore spent so far as the Mundra PVC project nears the first-phase commissioning, part of a broader 26,000-crore, 2 MTpa complex aimed at boosting domestic PVC supply.

The Hindu Businessline 29 Oct 2026 11:49 am

Jefferies initiates coverage on NSE with Buy; heres why it sees fresh growth potential

Jefferies has initiated coverage on NSE with a

The Economic Times 29 Oct 2026 11:47 am

Vedanta Aluminium reports 41% revenue growth to Rs 22,066 crore in September quarter

In the September quarter, Vedanta Aluminium experienced a remarkable 41% growth in revenue year-on-year. Despite predictions of falling aluminium prices, production is on the rise due to enhanced capacity. The company forecasts a reduction in production costs by 6% by year's end. Operational enhancements indicate that earnings will still rise, positioning Vedanta positively amid shifting market conditions.

The Economic Times 29 Oct 2026 11:46 am

One Planet Partners ties up with Japans SMTB to deploy 3,000 cr for maiden fund

One Planet Partners has partnered with Japans Sumitomo Mitsui Trust Bank for its maiden fund, to deploy around 3,000 crore in investments across energy transition, mobility and manufacturing.

Livemint 29 Oct 2026 11:45 am

Noel Tata is stepping down from six Tata Group company boards in November | Here's why

Noel Tata will step down from the boards of six Tata Group companies on November 12, when he turns 70, in line with retirement policy. He will remain a Tata Sons director, while his departure comes amid disagreements over chairman N Chandrasekarans reappointment and a proposed listing.

Livemint 29 Oct 2026 11:44 am

City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 Crore

City Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Net interest income grew 31%, while asset quality improved, with gross NPAs falling to 1.44%. Deposits and advances also recorded strong growth during the quarter.

The Economic Times 29 Oct 2026 11:31 am

Why is market rising today? Sensex jumps 600 points, Nifty nears 22,900. 6 key factors behind Rs 3 lakh crore gains

On Thursday, the Indian stock market saw significant upward movement, propelled by the Federal Reserve's decision to maintain steady interest rates. The Sensex climbed by over 600 points, surpassing the 73,860 mark, while Nifty 50 gained 175 points, approaching 22,875. Broader indices like Nifty Smallcap 100 and Nifty Midcap 100 also witnessed increases of up to 0.6%. Traders should brace for potential fluctuations as expiry day approaches.

The Economic Times 29 Oct 2026 11:01 am

EAAA India Alternatives IPO allotment likely today: Check GMP and how to check allotment

EAAA India Alternatives Rs 1,200 crore IPO was subscribed 5.51 times, led by strong demand from institutional investors. The allotment is expected to be finalised today, while the shares are scheduled to list on the BSE and NSE on November 2, 2026. The IPOs grey market premium suggests modest listing gains.

The Economic Times 29 Oct 2026 10:58 am

BLS Polymers IPO Day 3: Issue subscribed 42.47 times with GMP at 34%. Check key details

BLS Polymers IPO was subscribed 42.47 times by 10:05 am on Day 3, led by strong NII demand. The issue carries a grey market premium of 34%, while the company reported higher income and profit in FY26.

The Economic Times 29 Oct 2026 10:57 am

Precision engineering firms turn to private equity to fund next phase of growth

Private equity funds including Blackstone, EQT and ChrysCapital are evaluating precision engineering and manufacturing businesses with the aim of consolidating such businesses.

Livemint 29 Oct 2026 10:50 am

Microsoft posts blockbuster quarterly results riding on AI boom; CEO Satya Nadella says, Never been more confident

Microsoft reported a strong fiscal-year start, with September-quarter revenue up 19% to $92.3 billion and Microsoft Cloud revenue reaching $63.9 billion. Azure grew 48%. 

Livemint 29 Oct 2026 10:50 am

Reliance Industries's Hamleys Franchising business faces strike-off in UK

Hamleys Franchising Ltd is facing a voluntary strike-off from the UK company register. The UK Registrar of Companies issued a notice regarding this development on October 27, 2026. Unless objections are raised within two months, the company will be dissolved. In 2025, Hamleys Franchising reported a turnover of Rs 56.08 crore, contributing minimally to Reliance Industries. Its net worth was nil as of December 31, 2025, according to the filing.

The Economic Times 29 Oct 2026 10:48 am

Why is Audi CEO facing backlash over Trump deal? Who is Gernot Dllner? Explained

Why is Audi CEO Gernot Dllner under fire? Explore his career, Trumps $4 billion factory announcement and the backlash over US tariffs and German jobs.

Livemint 29 Oct 2026 10:43 am

Sensex jumps over 500 points, Nifty above 22,850 after Fed keeps rates unchanged. What lies ahead?

Following the Federal Reserve's recent decision, the Indian stock market surged, with Sensex rising by over 500 points and Nifty up by more than 150 points. Adani Ports and Power Grid were among the top gainers, while Trent faced a downturn. The breadth of the market remained positive, as advances outnumbered declines on the NSE. Analysts, however, highlighted potential global economic issues that could pose challenges for India.

The Economic Times 29 Oct 2026 10:25 am

Why buyouts on the rise? Any specific reason? After Microsoft, Mercedes-Benz and Skydance offer employees voluntary exit

Microsoft, Mercedes-Benz and Skydance are offering voluntary exit packages as companies seek to cut costs, restructure teams and adapt to changing business priorities.

Livemint 29 Oct 2026 10:24 am

Jupiter Wagons shares rally 8% on Rs 1,140 crore Railway Board order

Jupiter Wagons shares rallied over 8% after securing a Rs 1,140 crore Railway Board order for 2,583 wagons. The company expects additional order inflows of around Rs 2,000 crore in Q4 FY27, supported by government and private-sector demand. Despite the gains, the stock has fallen 25% in three months and trades below seven of its eight simple moving averages.

The Economic Times 29 Oct 2026 10:22 am

Marvell-Lumentum deal: AIs next bottleneck is moving data | Can an $83 billion bet pay off?

Marvell is in advanced talks to acquire Lumentum, a maker of optical technology used in AI data centers, in a potential $83 billion deal. 

Livemint 29 Oct 2026 10:10 am

CarTrade Tech shares tank over 6% after Q2 results, but Nomura raises target price to Rs 3,377. Heres why

CarTrade Tech shares fell 6.5% after Q2FY27 net profit rose 3% year-on-year to Rs 66 crore, while revenue increased 10% to Rs 213 crore. Nomura raised its target price to Rs 3,377 from Rs 3,340, citing growth potential in OLX India, improving consumer business prospects and operating leverage, despite trimming revenue estimates by around 3%.

The Economic Times 29 Oct 2026 10:08 am

Hyundai Motor shares jump 6% even as Q2 net profit declines 24% YoY. Why Nomura, other brokerages remain bullish?

Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squeezed margins. Nomura and Motilal Oswal retained their Buy ratings, citing new model launches, export growth and potential margin recovery.

The Economic Times 29 Oct 2026 10:05 am

Potential LTCG tax cut could revive FIIs India bet, says Jefferies: Which stocks may benefit most?

Jefferies sees a potential long-term capital gains tax (LTCG) cut as a possible trigger for foreign investors to return to Indian equities after record outflows. Banks, Reliance Industries, utilities and real estate stocks could be the biggest beneficiaries. Heres where foreign investors are positioned and what a tax cut could mean.

The Economic Times 29 Oct 2026 10:02 am

SP Group seeks to raise up to $200 million to repay debt

SP Group plans to raise the funds through private credit by issuing more rupee bonds

The Hindu Businessline 29 Oct 2026 9:57 am

New Amnesty Scheme 2025 extended till December 31. Check details here

The Employees State Insurance Corporation (ESIC) has extended its New Amnesty Scheme, 2025, by three months until December 31, 2026, allowing eligible employers and insured persons more time to settle disputes out of court. The one-time scheme covers court cases filed up to March 31, 2025, and offers relief from damages in certain cases, subject to specified conditions.

The Economic Times 29 Oct 2026 9:52 am

India's counter-terrorism strategies battle-tested: Rajnath Singh cites Operation Sindoor in ADMM-Plus

Defence Minister Rajnath Singh addressed state-sponsored terrorism and Indias commitment to regional security during the ADMM-Plus forum. He emphasised the need for sharing practical counter-terrorism experience with partners to strengthen collective capabilities.

The Economic Times 29 Oct 2026 9:52 am

Antala Industries SME IPO opens today: Check price band and key details

Antala Industries Rs 23.33 crore SME IPO opens on October 29, 2026, and closes on November 2. Priced at Rs 6367 per share, the fresh issue will fund working capital, machinery purchases and general corporate purposes. The packaging manufacturer reported strong FY26 growth, with total income rising 49% and profit after tax increasing 133%.

The Economic Times 29 Oct 2026 9:48 am

Adani Ports shares rise 3% after Q2 results. Why did Jefferies and Nomura raise target prices?

Adani Ports shares rose after the company reported strong Q2 FY27 earnings and raised its full-year guidance. Jefferies and Nomura increased their target prices, citing robust international port performance, higher earnings estimates and long-term growth prospects.

The Economic Times 29 Oct 2026 9:45 am

Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious

Meesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Brokerages remained divided, with Jefferies and Motilal Oswal maintaining Buy ratings and Nomura retaining Reduce, citing growth prospects, margins and festive-season demand.

The Economic Times 29 Oct 2026 9:37 am

Zee Entertainment among 4 stocks closing above VWAP

Four Nifty500 stocks featured in StockEdges VWAP scan on October 28, with closing prices more than 2% above their respective volume-weighted average prices, indicating positive price action during the session.

The Economic Times 29 Oct 2026 9:37 am

Trump and Obama trade barbs in closing week of US midterm election

US President Donald Trump and former President Barack Obama stepped up campaigning ahead of next Tuesday's congressional elections, which could shift control of Congress. Obama rallied support for Democrats in Georgia, criticising Trump's policies and leadership, while Trump campaigned for Republicans in Ohio amid protests and declining approval ratings.

The Economic Times 29 Oct 2026 9:36 am

Jio Platforms shares jump 5% on Day 2 after ending 27% higher on debut day. Buy, sell or hold?

Jio Platforms shares rose further after a strong market debut, climbing over 32% above the IPO price. Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, ARPU growth and digital services opportunities.

The Economic Times 29 Oct 2026 9:34 am

Online grocery delivery deal worth 1.6 lakh crore? DoorDash likely to make Instacart buyout official today: Report

DoorDash could announce a deal to buy Instacart as soon as Thursday, in a transaction reportedly valuing the grocery-delivery company at about $17 billion. 

Livemint 29 Oct 2026 9:20 am

Ambani magic captivates India once more with blockbuster deal

Jio Platforms Ltd. recorded India's largest IPO, raising $3.1 billion and experiencing a 27% rise in shares. The Ambani family strategically adapted the deal structure and lowered valuations to attract investors. Mukesh Ambani's son Akash played a significant role in this IPO process, marking a milestone for the Ambani dynasty. Jio's market valuation exceeded $130 billion, becoming India's second-most valuable company.

The Economic Times 29 Oct 2026 9:18 am

Bombay Coated & Special Steels IPO opens today; GMP at 11%. Should you subscribe?

Bombay Coated & Special Steels Rs 183.06-crore IPO opens on October 29, 2026, with a price band of Rs 7882 and an 11% grey market premium. The company reported 20% revenue growth and 7% profit growth in FY26. Anand Rathi recommends subscribing for long-term investment, citing reasonable valuation and growth prospects.

The Economic Times 29 Oct 2026 9:07 am

Securities Appellate Tribunal quashes Rs 1.49 crore penalty on Ventura Securities by MCX

In a pivotal decision, the Securities Appellate Tribunal annulled a 1.49 crore penalty that MCX had levied against Ventura Securities for purported client violations. The tribunal's ruling stemmed from the finding that the order was signed by an ex-member of the committee. As a result, the tribunal has ordered MCX to reimburse the fine, including an additional 1 lakh for the brokerage's legal expenses.

The Economic Times 29 Oct 2026 9:06 am

ITC Share Price Live Updates: ITC Surges Above 20-Day SMA

The Economic Times 29 Oct 2026 9:05 am

TCS Share Price Live Updates: TCS Price Movement Today

The Economic Times 29 Oct 2026 9:05 am

System failure, inexplicable decisions, 68 deaths: How Spains train collision unfolded

Spain is in three days of mourning following a train collision that resulted in 68 fatalities. The crash involved a state-operated train colliding with a stationary service run by a private operator. An automatic control system failure is believed to have led to the tragedy as traffic was resumed inexplicably. Emergency crews worked tirelessly to search the wreckage and assist injured passengers during chaotic scenes.

The Economic Times 29 Oct 2026 9:03 am

Nike deepens India push with new running shoe, seeking fresh growth engines

The running shoe launches on Flipkart on November 1 for 3,795 (~$40) after about five months of development, Nike says

The Hindu Businessline 29 Oct 2026 9:01 am

PVR Inox Q2 profit rises 111% to Rs 273 crore, targets 500 new screens in 3 years

PVR INOX plans an ambitious expansion, targeting to unveil around 90 to 100 new screens in FY 2027 and 150 to 175 in FY 2028. With a focus on Tier 2 to 4 markets, they'll introduce their innovative SMART Cinema format. Estimated capital expenditure for FY 27 is projected at 300-320 crore, adhering to a capital-light approach.

The Economic Times 29 Oct 2026 8:59 am