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SBI data breach claim: Hackers allegedly access 3.75 lakh accounts

The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent of the alleged exposure are inverified. If legitimate, the data could facilitate identity theft, financial fraud, targeted phishing and fraudulent loan applications, the group said.

The Economic Times 20 Oct 2026 1:23 am

Yes Bank's evaluating capital actions to back growth plans

The manner and the timing of reinstatement of the bonds as well as payment of the coupon is also under assessment, Niranjan Banodkar, CFO, Yes Bank told analysts over a call after the earnings.

The Economic Times 20 Oct 2026 1:14 am

Sir Dorabji Tata Trust files reply to Venu Srinivasan, Vijay Singh complaints

The separate complaints by Srinivasan and Singh amid a protracted battle within the Tata group had named SDTT's chairman Noel Tata and his son Neville, who is the vice chairman. SDTT owns nearly 24 per cent stake in Tata Sons, which makes it the largest owner among the shareholders in the holding company of the country's largest conglomerate.

The Economic Times 20 Oct 2026 12:42 am

Project Pathways: How Yukti Dahiya Is Bridging the Career-Guidance Gap for Underserved Students

New Delhi [India], October 19: Founded by Class 12 student Yukti Dahiya, the initiative is expanding access to career counselling, scholarships and emerging professional opportunities for students from underserved communities.

Business Standard 20 Oct 2026 12:20 am

Why is Amazon threatening to axe 5,000 delivery jobs over Zohran Mamdanis labour law in New York? What govt can do

Amazon has warned that it could cut over 5,000 delivery jobs and close 15 New York City facilities if Mayor Zohran Mamdanis proposed Delivery Protection Act becomes law. The bill would require direct employment of drivers, prompting concerns over job losses, delivery costs and worker protections.

Livemint 20 Oct 2026 12:11 am

Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering

Retail giant attracts over $14 billion in demand for US debt as spending plans and funding diversification drive borrowing strategy

Livemint 20 Oct 2026 12:09 am

Modi likely to visit Russia in 2027 for annual summit: Kremlin

Prime Minister Narendra Modi is expected to visit Russia next year for an annual summit. Originally, the visit was scheduled for December, but other meetings complicated the timeline. Dmitry Peskov confirmed that the visit is more likely to occur next year. The leaders of India and Russia meet annually following a strategic partnership declaration. Modi's future visit will mark nearly 80 years of diplomatic relations between the two nations.

The Economic Times 20 Oct 2026 12:04 am

India-New Zealand FTA comes into effect today

The FTA will provide Indian exporters with 100% duty-free access to the New Zealand market, opening opportunities for MSMEs, women entrepreneurs, farmers and artisans. This is expected to facilitate $20 billion in investments into India in 15 years that would create opportunities across manufacturing, infrastructure, agriculture, and innovation.

The Economic Times 20 Oct 2026 12:02 am

From radical transparency to a 48-hour rule: How Melinda French Gates, Ray Dalio, Satya Nadella and David Shelley approach employee feedback

Melinda French Gates follows a 48-hour rule for employee feedback, giving herself time to reflect before addressing concerns. While Ray Dalio advocates radical transparency and Microsoft CEO Satya Nadella promotes a learn-it-all culture, Hachette chief David Shelley stresses the importance of leaders communicating in their own words rather than relying on AI. Their approaches highlight different ways business leaders handle criticism, encourage learning and communicate with employees.

The Economic Times 20 Oct 2026 12:02 am

ActivityKidz Expands to 20 Cities Across Eight Indian Metros

Gurugram (Haryana) [India], October 19: ActivityKidz, the discovery and booking platform for activities for children, today announced that it is now live in 20 cities across eight of the largest metros in India. Operated by CurioQuest Technologies Private Limited, the platform now serves 2 lakh plus parents every month and works with more than 500 ticketed entertainment and activity venues.

Business Standard 20 Oct 2026 12:00 am

Trade deal 'very close' to finalisation: Rubio

US Secretary of State Marco Rubio will meet with Maharashtra Chief Minister Devendra Fadnavis and External Affairs Minister S Jaishankar. During his visit, Rubio mentioned that the India-US trade deal is close to being finalized. He expressed the need to balance global energy concerns while managing sanctions linked to Russian oil. Additionally, Rubio plans to meet business leaders in Mumbai, including Gautam Adani and N Chandrasekaran.

The Economic Times 19 Oct 2026 11:48 pm

Disability, elderly care likely to qualify for CSR spending

Companies need to comply with CSR obligations if they have a net worth of 500 crore or more, turnover of 1,000 crore or more, or a net profit of 5 crore or more in the immediately preceding financial year. Under this, they must spend at least 2% of the average net profit made during the previous three financial years in areas or subjects specified by the corporate affairs ministry.

The Economic Times 19 Oct 2026 11:47 pm

Punjab & Sind Bank Q2 net profit surges 40% to 412 cr on improved income

Punjab & Sind Bank on Saturday reported a 40 per cent jump in net profit to Rs 412 crore for the second quarter ended September 30, helped by improved core income and reduction in bad assets. The public sector lender posted a net profit of Rs 295 crore in the same period of the previous fiscal. The bank's total income increased to Rs 3,747 crore in the second quarter from Rs 3,373 crore a year ago, Punjab & Sind Bank said in a regulatory filing. Interest income rose to Rs 3,394 crore in the September quarter of FY27 from Rs 2,999 crore in the year-ago period. During the quarter, net interest income rose 22 per cent to Rs 1,162 crore against Rs 950 crore in the second quarter of the last financial year. Net Interest Income of the bank improved to 2.65 per cent from 2.56 per cent at the end of September 2025. Cost-to-income ratio reduced to 29.19 per cent compared to 61.87 per cent in the year-ago period. The bank's operating profit also increased to Rs 617 crore from Rs 505 ...

Business Standard 19 Oct 2026 11:21 pm

Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 crore

Jio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcoming IPO. The company allotted shares to well-known investors such as LIC, BlackRock, and Fidelity. These allocations indicate strong interest from both domestic and global institutional investors. The IPO is expected to surpass the previous record held by Hyundai Motor India. Jio Platforms aims to achieve an equity valuation of nearly Rs 10.3 lakh crore.

The Economic Times 19 Oct 2026 11:04 pm

'Indian startup ecosystem is on steroids' - Anand Mahindra shares what excites him most, says my salute to them

Anand Mahindra praised Indias startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India leapfrog stages of development.

Livemint 19 Oct 2026 10:53 pm

Bajaj Finance to shrink lending to reckless borrowers

Bajaj Finance is halving the share of new loans to customers with three or more lending relationships to 3.5% by March 2027 amid concerns indebtedness.

Livemint 19 Oct 2026 10:45 pm

Central Bank of India reports RTGS glitch

Mumbai: Central Bank of India said it detected a technical glitch in its RTGS outward payment system between October 15 and October 17, prompting the lender to shut down and isolate the affected systems while it investigates the cause.The bank said it initiated necessary response measures immediately after becoming aware of the incident and has engaged leading experts to assist with the investigation.The matter is being analysed to ascertain the root cause, and necessary corrective measures are being undertaken, the bank said in a regulatory disclosure.Also read | Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilCentral Bank added that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to a cyberattack and said the root cause is still under examination.The disruption comes days after CERT-In warned that attackers were increasingly using AI-assisted and agentic tools to accelerate reconnaissance, exploitation and financial attacks, including by targeting exposed credentials, dormant APIs and weak access controls at Indian organisations. The cybersecurity agency said such tools could enable attacks to be carried out faster and at greater scale than conventional methods.Also read | Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverCERT-In and CSIRT-Fin had also recently issued a critical advisory on cyberattack campaigns targeting financial institutions through payment and disbursement APIs. The advisory said attackers had compromised internet-facing applications and partner-bank or payment credentials in some cases to initiate unauthorised fund transfers.

The Economic Times 19 Oct 2026 10:43 pm

Just Dial Q2 profit declines 9.73% to 107.8 cr despite 13% revenue growth

Just Dial Ltd, a leading local search engine, has reported a decline of 9.73 per cent in its consolidated net profit to Rs 107.8 crore in the September quarter of FY27, on a year-on-year basis. It had posted a net profit of Rs 119.44 crore in the July-September quarter a year ago, according to a regulatory filing. However, Just Dial's revenue from operations was up 13.11 per cent in the September quarter at Rs 342.82 crore, compared to Rs 303.07 crore in the corresponding quarter a year ago. Just Dial's total expenses stood at Rs 262.81 crore, up 14.6 per cent YoY in the September quarter. The company, owned by Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd, reported a 5.6 per cent rise in total income to Rs 397.38 crore in the second quarter of FY27. Share of Just Dial Ltd on Monday settled 2.82 per cent higher at Rs 732.55 apiece on the BSE.

Business Standard 19 Oct 2026 10:20 pm

Ireda Q2 net profit edges up at 554 crore, loan disbursements rise 31%

State-owned Ireda has posted a marginal rise in its standalone net profit to Rs 554 crore for the September quarter, the company said on Monday. It earned a net profit of Rs 549 crore in the second quarter of the preceding financial year, the Indian Renewable Energy Development Agency (Ireda) said in a statement. In July-September, the company's revenue from operations rose 14 per cent to Rs 2,345 crore from Rs 2,057 crore a year ago. Loan disbursement increased 31 per cent to Rs 10,579 crore against Rs 8,062 crore in the year-ago quarter. Loan book grew 15 per cent to Rs 97,411 crore from Rs 84,477 crore in Q2 FY26. The company's net worth grew 11 per cent to Rs 14,337 crore during the quarter compared to Rs 12,920 crore a year earlier. Our Q2 FY27 performance reflects the continued strength of Ireda's business fundamentals and focus on quality growth. 31 per cent rise in loan disbursements, along with 15 per cent growth in the loan book, underscores the sustained demand for ..

Business Standard 19 Oct 2026 10:12 pm

Oberoi Realty open to land buys, joint development deals across Delhi-NCR

Chairman Vikas Oberoi says the developer is exploring land purchases and joint development agreements across Delhi, Noida and Gurugram, while some launches await regulatory clearances

Business Standard 19 Oct 2026 10:11 pm

Japan to launch world-first mission to moon of Mars

Japanese scientists will launch the Martian Moons eXploration probe from Tanegashima Space Center, targeting Mars's moon Phobos. The spacecraft aims to collect samples that could reveal the origins of the Solar System and life on Earth. This mission is set for a three-year duration in the Martian region, involving collaboration with US and European space agencies. Mars's other moon, Deimos, will be observed but not landed on during this mission.

The Economic Times 19 Oct 2026 10:06 pm

Gen Z drives Indias beauty boom, half from small cities: Myntra report

Gen Z allocates a 75% higher share of its wallet to beauty and personal care compared with millennials: Report

The Hindu Businessline 19 Oct 2026 10:05 pm

CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDS

The exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax year and subsequent tax years.

The Economic Times 19 Oct 2026 10:02 pm

Piramal Finance Q2 net profit surges 67% to 545 crore on core income growth; guides towards NIM expansion

Cost-to-income ratio improved to 52.1% during the reporting quarter from 61.2%

The Hindu Businessline 19 Oct 2026 9:51 pm

Who earned 1 cr per annum salary while many got layoffs? These job professionals got pay package in 8 figures amount

The report identifies four major areas where specialised skills are attracting higher pay: AI, data, cloud computing and cybersecurity.

Livemint 19 Oct 2026 9:35 pm

UltraTech flags prolonged cost pressure as West Asia crisis keeps fuel prices volatile

UltraTech's experience bodes ill for smaller rivals, as the cement industry struggles to absorb prolonged input cost increases.

Livemint 19 Oct 2026 9:34 pm

Ireda net profit grows to Rs 554 cr in Sep qtr

Ireda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from operations increased by 14%, totaling Rs 2,345 crore. Additionally, loan disbursements surged by 31%, reaching Rs 10,579 crore. This quarter also marked an 11% rise in net worth, showcasing Ireda's strength in renewable energy financing and management of asset quality.

The Economic Times 19 Oct 2026 9:29 pm

Titan redeems 1,000 crore commercial paper

The redemption was carried out in accordance with the SEBIs operational circular governing the issue and listing of non-convertible securities and commercial papers

The Hindu Businessline 19 Oct 2026 9:20 pm

Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore

Bajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60-62 million new loans and add 18-20 million customers during the year. Consolidated AUM grew 26% to Rs 5.85 lakh crore in the September quarter, aided by broad-based loan growth. The gold-loan portfolio more than doubled to Rs 24,195 crore, although short-tenor schemes caused a transitional increase in Stage 2 assets. Management does not expect this movement to affect credit costs. Lower funding costs, improving asset quality and a strong liquidity buffer should support growth.

The Economic Times 19 Oct 2026 8:43 pm

Waaree Renewable Technologies Q2 Results: Net profit falls 29% to Rs 81 crore

Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year. While expenses surged, revenues rose to Rs 1,057.84 crore. The company boasts an unexecuted order book over Rs 5,500 crore and a robust bidding pipeline, striving for long-term value through efficiencies and scaling.

The Economic Times 19 Oct 2026 8:41 pm

Tata Trusts files response to Venu Srinivasan, Vijay Singhs complaints with Charity Commissioner of Maharashtra

In its response, Tata Trusts has denied all assertions made in the complaints, including those of misgovernance

The Hindu Businessline 19 Oct 2026 8:40 pm

LTTS Q2 net profit rises 66.78% to 548.2 crore on one-time gain

Revenue up 12.1%; large deals of over $200 million won, AI-related deals over 50% of total

The Hindu Businessline 19 Oct 2026 8:27 pm

Indias agrivoltaic capacity is expected to be more than 5-gigawatts in next 3-4 years: 5 gigawatts

MNRE Secretary Santosh Sarangi was addressing reporters ahead of the 7th Agrivoltaics World Conference to be held in New Delhi October 21-23

The Hindu 19 Oct 2026 8:27 pm

Tata Trusts files response to Venu Srinivasan, Vijay Singh's complaints before Maharashtra Charity Commissioner

Srinivasan and Singh lodged their complaints on September 25, seeking an inquiry into the trust's administration and governance, including its role in the commercial affairs of Tata Sons.

Livemint 19 Oct 2026 8:25 pm

Palma-Gumla highway route in Jharkhand is open now - How 1,908 cr road will change your travel experience

Built at an estimated cost of 1,908.43 crore, the highway forms a key link in the proposed Raipur-Dhanbad Economic Corridor under the Bharatmala Pariyojana.

Livemint 19 Oct 2026 8:23 pm

Fire breaks out at Parle-G unit in MP's Jabalpur, no one hurt; situation in control, say officials

More than 20 fire tenders and water bowsers were deployed for firefighting operation

The Hindu Businessline 19 Oct 2026 8:13 pm

1 Finance gets Sebi in-principle nod to launch passive-only MF business

The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework

Business Standard 19 Oct 2026 8:01 pm

Tata Trusts replies on SDTT complaint; Charity Commissioner to decide soon

Sir Dorabji Tata Trust has submitted its response to governance complaints filed by two trustees, with the Maharashtra Charity Commissioner expected to decide the next course of action

Business Standard 19 Oct 2026 7:55 pm

Alia Bhatt's brand Ed-a-Mamma celebrates Six Years

New Delhi [India], October 19: Ed-a-Mamma, the purpose-driven children's and lifestyle brand founded by actor and entrepreneur Alia Bhatt, celebrates its sixth anniversary this October, marking six years of growth and evolution from a digital-first kidswear brand into a growing multi-category business with an expanding exclusive retail presence across India.

Business Standard 19 Oct 2026 7:45 pm

Sobha Ltd Q2 profit drops 55% to 33 crore

During the first six months of FY27, Sobha Ltd's net profit fell to 83.80 crore from 86.14 crore in the year-ago period

The Hindu Businessline 19 Oct 2026 7:44 pm

Even Healthcare raises $50 mn in Series B round led by Khosla Ventures

The fresh capital will be deployed to establish five new hospitals across Bengaluru over the next six months, starting with Indiranagar

The Hindu Businessline 19 Oct 2026 7:41 pm

Waaree Renewable Technologies Q2 net profit falls over 29% to 81 crore

Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to 81.48 crore as higher expenses weighed on earnings, even as revenue rose to 1,057.84 crore.

Business Standard 19 Oct 2026 7:33 pm

Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: Crisil

Yes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds. Crisil Ratings highlighted a significant liability impact estimated at Rs 6,200 crore, while S&P Global Ratings foresees a reduction in common equity by about Rs 8,400 crore. Despite these concerns, both agencies believe the bank's credit profile will remain stable.

The Economic Times 19 Oct 2026 7:20 pm

Piramal Finance Q2 net profit soars 67% to Rs 545 crore

Piramal Finances assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.

The Economic Times 19 Oct 2026 7:19 pm

PC Jeweller among 8 stocks that hit 52-week high and rallied up to 42% in a month

The Sensex plunged 876 points to close at 73,852, even as eight BSE 1000 stocks touched fresh 52-week highs. PC Jeweller led monthly gains at 42%, followed by Sky Gold and Diamonds at 31%, highlighting divergent stock performance.

The Economic Times 19 Oct 2026 7:14 pm

Tiger Shroff firing case: Police say all 3 accused are adults, motive still unclear

Mumbai Police arrested three individuals for allegedly shooting at actor Tiger Shroff's car in Andheri. Two of the arrested suspects are from Haryana, while the third is from Bihar, with no minors involved. Investigators are questioning the suspects to uncover the motive behind the attack. The motorcycle used in the incident has been located, but no weapons have been recovered.

The Economic Times 19 Oct 2026 6:57 pm

School assembly news headlines for October 20: Top national, international, sports and business updates

School assembly news headlines for October 20, 2026, cover major national, international, sports and business developments. Key updates include the Delhi voter-list revision audit, arrests in the Tiger Shroff firing case, political unrest in France, Indias Asian Para Games achievements, changes in anti-cancer medicine prices, and developments in the banking and stock markets.

The Economic Times 19 Oct 2026 6:55 pm

RAK Oasis appoints Lionexa LLP as its master marketing partner in India

Ras Al Khaimah [UAE], October 19: Shahab Building Contracting LLC has granted Lionexa LLP and its CEO, Mr. Kauser Nawaz, the master marketing rights in India for the sale of freehold property at RAK Oasis in Ras Al Khaimah.

Business Standard 19 Oct 2026 6:50 pm

Gen Z makes up 52% of Amazon's fashion and beauty customer base in India

Gen Z shoppers drive Amazon's festive growth as premium brands double their sales share to 20%, while non-metro markets account for over half of fashion and beauty orders

Business Standard 19 Oct 2026 6:45 pm

Bank of America arm seeks CCI nod for up to 49.9% in Jio Credit

A summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. According to the applicants submission, NB Holdings has no direct business operations in India.

The Economic Times 19 Oct 2026 6:44 pm

Nepal bans import, sales of Priyagold biscuits

Nepal has banned the import, sale, and distribution of Priyagold biscuits, citing them as sub-standard. This decision follows India's food regulator FSSAI initiating legal proceedings against the manufacturer, Surya Food and Agro Ltd, for using cattle feed bran and other serious violations, and suspending its licence.

Rediff 19 Oct 2026 6:43 pm

Even Healthcare raises $50 mn in Khosla Ventures-led Series B funding

The managed care company plans to open five hospitals across Bengaluru over the next six months as its valuation triples from its previous fundraise, taking total funding past $120 million.

Business Standard 19 Oct 2026 6:04 pm

Coldwell Banker South India Inaugurates Avleon Realty in Mysore

Bangalore (Karnataka) [India], October 19: Mysore has a new destination for property. On October 15, Coldwell Banker South India inaugurated Coldwell Banker Avleon Realty Mysore, a franchise owned and operated by Mr. Sandeep. The office combines the reach of a worldwide brand with the local knowledge of a team that knows the city's neighbourhoods, builders and buyers.

Business Standard 19 Oct 2026 6:00 pm

Erling Haaland's new Abu Dhabi villa: Location, price and special features of Manchester City Yas Residences

Erling Haaland has bought a home at Manchester City Yas Residences, a branded development on Abu Dhabis Yas Island. The project includes more than 2,000 homes, sports facilities and parks, with phased delivery starting in 2029.

Livemint 19 Oct 2026 5:56 pm

Hindustan Zinc Q2 net more than doubles to 6,412 crore on higher output, better realisation

Revenue was up at 14,582 crore (8,282 crore) in the quarter under review

The Hindu Businessline 19 Oct 2026 5:55 pm

PEs, strategics eye minority stake in Zoff Foods at over 1,000 crore valuation

The Raipur-based company, which competes with the likes of MDH Spices and Everest Food Products, will look to tap both private equity firms and strategic investors including ITC, Emami and Orkla India for the funding round.

Livemint 19 Oct 2026 5:51 pm

Inside Madhuri Dixits 5,500 sq ft sea-facing Mumbai home with more than 30 MF Husain paintings

Art is a prominent feature of the residence, particularly the paintings of renowned Indian artist MF Husain. The corridor leading into the home features several of his works.

Livemint 19 Oct 2026 5:50 pm

Bajaj Finance Q2 Results: Net profit jumps 29% YoY to Rs 6,367 crore, NII up 24%

Bajaj Finance Q2 Results: Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore in the September quarter, compared with Rs 4,948 crore a year earlier. Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore in the year-ago quarter. Net total income increased 23% to Rs 15,974 crore from Rs 12,982 crore.

The Economic Times 19 Oct 2026 5:40 pm

DP World ties next $2 billion India investment to demand, capacity constraints

The Dubai-based company has already invested $3 billion in India, with the balance $2 billion earmarked for expanding existing operations, including port terminals, inland container depots, warehousing and logistics facilities. 

Livemint 19 Oct 2026 5:39 pm

UltraTech Cement Q2 net profit jumps 21% to 1,501 crore on higher volumes, wider reach

UltraTech Cement revenue increased 19% to 23,295 crore

The Hindu Businessline 19 Oct 2026 5:36 pm

The science of better decisions: How the brain responds to pressure

Stress, cognitive fatigue and divided attention can affect how founders assess risks and make decisions. Understanding the neuroscience behind these responses offers business leaders practical ways to manage pressure, build better habits and sustain performance.

The Economic Times 19 Oct 2026 5:33 pm

Yes Bank weighs capital options after AT1 verdict, coupon liability remains uncertain

Yes Bank is recalibrating its capital strategies in response to the Supreme Courts ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the banks CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is still reviewing potential payment duties spurred by the verdict.

The Economic Times 19 Oct 2026 5:00 pm

Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investors

Jio Platforms Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the October 21 opening.

The Economic Times 19 Oct 2026 4:59 pm

Sopra Steria leases 4.74 lakh sq ft office space in Noida for 15 years

The French technology company has leased office space at Maconns Grande in Noida's Sector 132 for 15 years at a monthly rent of Rs 3.755 crore, with a 10% escalation every three year

Business Standard 19 Oct 2026 4:56 pm

Signature Global enters senior living with Manasum, eyes 575 cr sales

The companies will develop 164 senior living units at Sarvam DXP in Gurugram, with prices starting at around Rs 3.7 crore per unit and handover expected in 48 months

Business Standard 19 Oct 2026 4:47 pm

Altimetrik Opens Healthcare & Life Sciences Center of Excellence in Hyderabad

Hyderabad (Telangana) [India], October 19: Altimetrik, an AI engineering company, today opened its Healthcare & Life Sciences Center of Excellence (CoE) in Hyderabad to accelerate AI innovation for its clients. The Center's first launch is PharmaOS, Altimetrik's agentic AI framework for life sciences, built on Altimetrik's ALTi AIOS (operating system), with more offerings to be built alongside clients across the industry. With PharmaOS, the Center promises to take clients from a defined concept to a validated, governed AI agentic workflow in one week, helping organizations move quickly from an initial idea to a working, validated use case.

Business Standard 19 Oct 2026 4:35 pm

Hindustan Zinc Q2 Results: Net profit skyrockets 142% YoY to Rs 6,412 crore, revenue soars 77%

Hindustan Zinc reported a 142% year-on-year rise in Q2 FY27 net profit to Rs 6,412 crore, while revenue surged 76.5% to Rs 15,093 crore. EBITDA doubled to Rs 9,285 crore, with margins expanding to 62% on higher prices and production.

The Economic Times 19 Oct 2026 4:29 pm

IDBI Bank staff to hold hunger strike on November 2-3 against privatisation, proposed Fairfax sale

The UFIOE has called on the government to abandon the proposed disinvestment and acquire at least a 6% stake in IDBI Bank, either by purchasing shares from LIC or through the open market.

Livemint 19 Oct 2026 4:27 pm

First of many: Elon Musk plans to give every American child one SpaceX share next year, but details remain unclear

Elon Musk said he plans to give every child in the United States one SpaceX share each next year, but has not explained how the giveaway would work. Musk has previously floated ideas that did not materialize, so it remains unclear whether this plan will go ahead.

Livemint 19 Oct 2026 4:22 pm

Auto tech cos raise $1.3 bn across 97 funding rounds in 2026 so far: Tracxn

India's auto tech companies raised USD 1.3 billion across 97 funding rounds so far this year, according to a report from data intelligence platform Tracxn. The funding rounds were led by ride-hailing firm Rapido's USD 240 million, followed by electric two-wheeler manufacturer Simple Energy's USD 180 million and River's USD 102 million. India Auto Tech companies raised USD 1.3 billion across 97 rounds in 2026 year to date (2026 YTD) against USD 2.1 billion across 195 rounds in 2025. All funding figures are US dollar equity funding and exclude debt, grant, post-IPO and ICO funding, the report, India Auto Tech - 2026 YTD, said. Automated parking solution provider Sotefin recorded the highest IPO market capitalisation at USD 35 million, followed by Victory EV India at USD 11 million and accessories company AutoFurnish at USD 6 million. There were 10 rounds of USD 34 million or more, totalling USD 900 million during the period. These accounted for around 70 per cent of the total USD 1

Business Standard 19 Oct 2026 4:14 pm

Hindustan Zinc profit more than doubles to Rs 6,412 cr on higher prices

Higher zinc and silver prices, increased production and lower zinc production costs boosted Hindustan Zinc's quarterly earnings, while revenue from operations rose 76.5%

Business Standard 19 Oct 2026 4:10 pm

Muhurat Trading 2026: BSE announces date and timings of special session. Check details

BSE has announced the schedule for Diwali Muhurat Trading 2026, set for Sunday, November 8, on the occasion of Laxmi Pujan. The special session will run from 2:20 pm to 3:30 pm, with separate timings for pre-open trading, block deals, IPOs, call auctions and closing procedures.

The Economic Times 19 Oct 2026 4:10 pm

Greenzo Energy raises 251 crore to fund growth plans

Greenzo Energy plans to use funds to expand electrolyser manufacturing capacity, strengthen backward integration, and advance research and development

The Hindu Businessline 19 Oct 2026 4:05 pm

ET HR Excellence Awards 2027: Spotlighting the People Behind Business Performance

In today's dynamic environment, Human Resources Business Partners (HRBPs) are key players in synchronizing workforce initiatives with broader organizational aspirations, tackling talent challenges, and facilitating transformational change. The ET HR Excellence Awards 2027 celebrates exemplary HR practices that foster organizational brilliance, underscoring the vital contributions of strategic HR leadership to enhance workplace culture and people management strategies.

The Economic Times 19 Oct 2026 4:00 pm

Comviva and Aduna Showcase Network Intelligence for Financial Services at Money20/20

New Delhi [India]/ Las Vegas (Nevada) [US], October 19: Comviva, a global leader in digital transformation solutions, and Aduna, the global aggregator of standardized network APIs, are advancing the use of network intelligence to address growing digital identity and fraud challenges in financial services. At Money20/20 USA, taking place October 18-21, 2026, in Las Vegas, the companies will showcase the progress of their collaboration and demonstrate how network APIs can help financial institutions strengthen identity verification, detect SIM-swap detection, enhance fraud prevention, and streamline customer onboarding. By enabling financial institutions to leverage network-derived insights, the collaboration aims to strengthen digital trust while supporting more secure and frictionless customer experiences.

Business Standard 19 Oct 2026 4:00 pm

Tiger Shroff Car: Is his BMW 3 Series Gran Limousine bulletproof? Check its safety features

Is Tiger Shroff's BMW 3 Series Gran Limousine bulletproof? Check its safety features, including airbags, ABS, stability control and run-flat tyres, and how they differ from specialised armoured cars.

The Economic Times 19 Oct 2026 3:57 pm

Alembic Pharma receives USFDA approval for generic ear infection drug

Alembic Pharmaceuticals Ltd on Monday said it has received the final approval from the US Food and Drug Administration (USFDA) for its generic Ciprofloxacin and Dexamethasone Otic Suspension USP. The product is indicated for the treatment of certain ear infections in paediatric patients aged six months and older, as well as adults and elderly patients. The approved Abbreviated New Drug Application (ANDA) is therapeutically equivalent to the reference listed drug product (RLD), Ciprodex Otic Suspension, 0.3 per cent/0.1 per cent, of Sandoz Inc, the company said in a statement. The drug is indicated for the treatment of infections caused by susceptible isolates of designated microorganisms in specific conditions, including Acute Otitis Media (AOM) in pediatric patients aged 6 months and older with tympanostomy tubes, and Acute Otitis Externa (AOE) in pediatric (6 months and older), adult, and elderly patients, it said. Citing IQVIA data, the company said Ciprofloxacin and Dexamethaso

Business Standard 19 Oct 2026 3:43 pm

Cupid, Sterlite Tech among stocks top 10 equity PMS portfolios hold as Nifty, Sensex plunge up to 13% in 2026

Despite a sharp market downturn in 2026, all 10 top-performing equity PMS strategies delivered positive returns in September, ranging from 3.55% to 5.67%. Amaltas Asset Managements Keystone Fund led the rankings, while Cupid and Sterlite Technologies featured among the prominent holdings across multiple portfolio management strategies.

The Economic Times 19 Oct 2026 3:35 pm

Jio Platforms IPO anchor investor quota nearly 30 times oversubscribed

Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be India's biggest ever IPO

Business Standard 19 Oct 2026 3:30 pm

The Social Reckoning: Looking back at Facebooks 2021 scandal and where Meta stands today

Aaron Sorkins latest film focuses on Facebook's past controversies and the implications of its business model. The story centers around whistleblower Frances Haugen and her allegations regarding Facebook's internal practices. Meta, formerly Facebook, is navigating ongoing concerns about safety and user engagement. The film, while offering a dramatic retelling, critiques the effectiveness of Metas strategies. This cinematic exploration aims to provoke discussions on corporate accountability in the tech industry.

The Economic Times 19 Oct 2026 3:25 pm

Moody's sees limited impact on Fairfax leverage from IDBI Bank takeover

Fairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enhance its presence in the growing Indian financial market. Fairfax plans to fund the transaction through various means, ensuring a stable financial position during the process. IDBI Bank has shown improved profitability since 2021, reflecting successful management changes.

The Economic Times 19 Oct 2026 3:22 pm

ZF expects India sourcing to grow 10-15% annually over next 3-4 years

ZF Group has seen India sourcing rise 20% in three years and expects further growth, citing a 20% cost advantage from Indian suppliers even after shipping expenses

Business Standard 19 Oct 2026 3:18 pm

FIIs raise stakes in 8 smallcap stocks in Q2; shares surge over 200% in FY27 so far

Eight smallcap stocks have surged over 200% in FY27 so far as foreign institutional investors increased their shareholdings in the September 2026 quarter. Kabra Extrusiontechnik led the gains at 343%, followed by Modison at 333%, according to ACE Equity data.

The Economic Times 19 Oct 2026 2:51 pm

MAHE Corporate Cricket Championship 2026 Brings Industry and Academia Together at Bengaluru Campus

Bengaluru (Karnataka) [India], October 10: Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, launched the MAHE Corporate Cricket Championship (CCC) 2026 at its Bengaluru Campus on Saturday. Bringing together teams from leading organisations across sectors, the 27-match T20 tournament places industry-academia engagement at its centre, giving corporate professionals and the university community a shared platform to build connections, exchange perspectives and explore opportunities for collaboration through sport.

Business Standard 19 Oct 2026 2:40 pm

ACME Solar signs 300 MW power supply pact with Seci at 6 per unit

ACME Solar Holdings Ltd on Monday said that through its subsidiary, ACME Greentech Twenty Pvt Ltd, it has signed a Power Procurement Agreement with Solar Energy Corporation of India (SECI) for 300 MW / 1,200 MWh assured peak supply. The assured peak supply under SECI's FDRE-IX tranche was at a tariff of Rs 6 per unit, with an effective date of October 6, 2026, a company statement said. This Firm and Dispatchable Renewable Energy (FDRE) project supports the growing need for reliable, dispatchable clean power during evening and night-time peak demand, helping strengthen grid stability as renewable energy's share of India's power mix increases, the statement added. Following this agreement, ACME Solar's under-construction PPA-signed contracted portfolio stands at 4,310 MW out of total under construction contracted capacity of 5,380 MW, it stated. Through this FDRE project, ACME Solar will supply 4 MWh per MW of contracted capacity for any four hours daily during the non-solar hours, .

Business Standard 19 Oct 2026 2:28 pm

UltraTech Cement Q2 profit rises 21% to 1,494 crore; sales up 19% on year

Net sales rose 18.9 per cent to 23,024 crore and domestic grey-cement volumes grew 13.8%, while PBIDT increased 17.3% to 3,832 crore on year in Q2FY27

Business Standard 19 Oct 2026 2:13 pm

UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%

UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, while revenue grew 19% to Rs 23,295 crore. However, profit fell 43% sequentially amid monsoon-related disruptions and the West Asia crisis, with margins also declining from the previous quarter.

The Economic Times 19 Oct 2026 2:02 pm