28 C 
According to multiple posts on X, Innodata India Pvt Ltd has fired almost 550 employees in India. This comes after reportedly firing workers in Philippines over a Zoom call.
Scale wards off volatility, keeps us steady: L&T's Shankar Raman
Unless we do something dramatically well or dramatically stupid, I dont think there will be a huge volatility in our outcomes, L&T's Shankar Raman said.
Mukesh Ambanis telecom journey: from losing Reliance Infocomm to listing Jio Platforms
Jios listing caps Mukesh Ambanis quarter-century telecom quest, which survived a family split, regulatory battles and years of investment before revenue. His journey has come almost full circle.
Vedanta net doubles in Q2 on better realisation
The companys Zinc cost of production dipped 29 per cent to $703 a tonne after its transition to underground mining
Couple of international airlines may opt not to fly from Mumbai for next 2 yrs: Adani Airports CEO
While not naming the two airlines, Arun Bansal said discussions with the remaining airlines were expected to conclude over the next four months
Mallika Srinivasan and daughter Lakshmi Venu say they remain willing to resolve the TVS familys business dispute through transparent dialogue. Details here.
TVS Motor Q2 net profit surges 46% to 1,219 crore on robust sales
TVS Motor reported a 46 per cent rise in Q2FY27 consolidated net profit to Rs 1,219 crore, driven by record quarterly sales, strong export growth and a surge in electric two-wheeler volumes
Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month
Despite the Sensex falling 352 points to 73,246, five BSE 500 stocks touched fresh 52-week highs on Wednesday. PVR Inox, Acutaas Chemicals, Indian Hotels, Piramal Pharma and Sona BLW posted monthly gains of 9% to 18%.
Vedanta Aluminium Q2 Results: Profit doubles to Rs 6,187 crore, revenue jumps 41%
Vedanta Aluminiums Q2 FY27 net profit surged 105% to Rs 6,187 crore, driven by record production, higher sales and improved realisations. Revenue rose 41%, EBITDA increased 83%, and net debt declined Rs 3,090 crore sequentially.
Mathura (Uttar Pradesh) [India], October 28: Karnataka Governor Shri Thaawarchand Gehlot Ji graces the ceremony in Mathura; 49 research scholars receive Ph.D. degrees as students across disciplines celebrate academic excellence.
Cholamandalam Investment and Finance Q2 net up 41%, board approves fundraise up to 5000 cr via QIP
For the half year ended September 2026 (H1 FY27), net profit came in at 3,284 Ccrore, up 43 per cent y-o-y
United Spirits reports Q2 profit of 462 cr, revenue at 7,001 cr
United Spirits reported a net profit of 462 crore for Q2 FY27, while revenue from operations stood at 7,001 crore during the September quarter.
Police said the bank management had suspended several employees, including the branch manager, and a case was registered at the Beta-2 police station, which has jurisdiction over the branch. The bank has assured authorities that it will address the customers complaints, officials said.
Sebi signs MoU with Bank of England to strengthen oversight of clearing corporations
SEBI and the Bank of England signed an MoU to strengthen regulatory cooperation and information sharing on clearing corporations. The framework supports cross-border supervision, enables reliance on SEBIs oversight, and reinforces financial stability.
Rahul Gandhi's remarks come amid a dispute over Tata Sons' leadership after Tata Trusts chairman Noel Tata challenged the validity of the September 17 board resolution to reappoint N Chandrasekaran as chairman of the holding company of the Tata Group.
L&T aims to double order book to 15 lakh crore by FY31
To focus on automation, investing in manufacturing capabilities, and expanding into new geographies
L&T begins expansion of Chennai AI infrastructure campus with 52 MW data centre
New facility adds to existing, operational 30 MW centre as Vyoma.AI targets over 250 MW of data centre capacity across India
TVS Motor to split mobility, consumer finance businesses in restructuring
TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value
Adani Ports Q2 profit rises 18% to 3,682 crore, raises FY27 guidance
Adani Ports reported an 18 per cent rise in Q2FY27 net profit to Rs 3,682 crore and 24 per cent revenue growth, prompting it to raise its FY27 revenue, Ebitda and capex guidance.
Hyundais Q2 revenue hits record, but rising costs squeeze profits for third straight quarter
Hyundai Motor Indias margins remain under pressure from commodity inflation, leaving price hikes, easing input costs and new-model sales to drive a second-half recovery.
Info Edge founder Sanjeev Bikhchandani to return as CEO as Hitesh Oberoi steps down after 27 yrs
Info Edge looks to build on its established internet businesses, expand newer platforms and continue investing in Indias start-up ecosystem
IndiaRF Backed Livasa Hospitals Strengthens Regional Healthcare Network with Karnal Expansion
Karnal (Haryana) [India], October 28: Livasa Hospitals, one of North India's fast-growing healthcare networks, has announced its expansion into Haryana with the addition of a multi-specialty hospital in Karnal. This marks Livasa's entry into the state and represents another significant milestone in the group's vision of building an integrated healthcare network across North India.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew 14%, margins strengthened, gross advances increased 13%, and deposits rose 9% year-on-year.
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%
Meeshos Q2 FY27 net loss narrowed 67.8% to Rs 132.45 crore, while revenue surged 34.4% to Rs 4,131.58 crore. Rising user engagement, stronger merchandise value, improved contribution margins and festive-season demand supported growth amid elevated spending.
Cyclone Arnab batters East coast: Authorities step up rescue operations to restore normalcy
Tuborg maker Carlsberg India moves closer to IPO, files updated DRHP for complete OFS issue
Carlsberg India has filed an updated draft prospectus with Sebi for an IPO comprising 8.64 crore shares, entirely through an offer for sale by existing shareholders. The Tuborg maker could raise up to $700 million, according to earlier reports, as multinational companies increasingly tap Indias equity markets to monetise local businesses.
Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over 1800 crore
The Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiative includes creating dedicated Sports Goods Manufacturing Zones to enhance production capabilities. Significant financial support is allocated to encourage innovation and research in sports equipment manufacturing. The scheme aims to generate new employment opportunities and reduce import dependency in this sector.
They'll abolish Senate, Presidency & pack SCOTUS!: Gill blasts Dems over radical DSA proposals
Hyundai Motor India Q2 profit falls 24% despite record sales
Hyundai Motor Indias Q2 FY27 net profit fell 24% to Rs 1,196.2 crore as commodity costs pressured margins. Revenue rose 19% to Rs 20,696.1 crore, supported by record sales, stronger exports and upcoming vehicle launches.
Star Health wants mandated products kept out of Irdais expense cap
Star Health has broadly welcomed Irdai's proposed distribution reforms but wants products mandated by regulation kept out of the formula used to calculate expense caps.
Vedanta Aluminium quarterly profit more than doubles on high prices, record production
Vedanta Aluminium reported a significant increase in its quarterly profit, which more than doubled from the previous year. The company's consolidated net profit rose to 51.67 billion rupees for the quarter ending September 30. Revenue from operations also increased by 40% during the same period, driven by elevated aluminium prices. Aluminium production hit a record of 649,000 metric tons, up 5% from last year.
Wall sit exercise: A recent study has found that simple wall squats performed once or twice a week could help maintain short-term blood pressure reductions in adults. However, participants who continued exercising three times a week experienced the greatest benefits. Researchers also found that blood pressure improvements faded among those who stopped exercising.
Cholamandalam Investment and Finance Company has reported an impressive 41 percent surge in net profit for the second quarter, marking Rs 1,630 crore, up from Rs 1,155 crore the previous year. Their total income significantly increased to Rs 9,367 crore, primarily fueled by rising interest income. Additionally, the company's gross non-performing assets improved to 3.29 percent, signaling enhanced asset quality.
Miami-Dade County has developed an innovative approach by creating artificial reefs using demolished concrete. The materials from Bentley Bay Pier were repurposed and deployed at Julia Tuttle Artificial Reef Site. This project enhances marine habitats and promotes ecological growth beneath the ocean waves. It reflects a shift towards environmentally conscious decision-making in urban infrastructure. Such initiatives demonstrate the potential for old materials to support marine conservation efforts.
US Midterms 2026: Are educated Republican districts going extinct?
Republican Mike Lawlers New York House seat has become a test of whether GOP incumbents can survive in affluent, highly educated suburban districts where Donald Trump is unpopular. Democrat Cait Conley is trying to nationalise the race around tariffs, healthcare and the Iran war, while Lawler is stressing his local record and occasional breaks with Trump as Republicans face pressure among college-educated voters.
Anant Raj gets RERA nod for Gurugram project, eyes 357 MW data centres
Anant Raj has secured Haryana RERA certification for its luxury residential project in Gurugram and plans to expand data centre capacity to 357 MW by FY32 as Q2 net profit rises 13.25 per cent
TVS Motor Q2 Results: Profit jumps 52% YoY to Rs 1,377 crore; revenue rises 44%
TVS Motor Company reported a 52% rise in Q2 FY27 profit to Rs 1,377 crore, with revenue up 44%. Record sales, electric two-wheeler growth and strategic acquisitions boosted performance, while shares gained 2.52% on the NSE.
Adani Enterprises Q2 profit drops 55% even as operating earnings surge 62%
Adani Enterprises' Q2 net profit fell 55% to 1,492 crore due to a high year-ago base, while total income surged 74% to 38,023 crore and EBITDA rose 62% to 6,316 crore.
Sarvam dominates Indic AI funding in 2026 with 87% share: Tracxn report
Sarvam accounted for $346 million of the $399 million raised by Indic AI startups in 2026, as investors concentrated funding on a few firms amid growing concerns over AI sovereignty
PhonePe rebrands Indus Appstore, expands into digital goods and webstore
The app marketplace, now present on more than 200 million devices through OEM partnerships, is adding gift cards, top-ups and a webstore as it seeks to broaden its reach among consumers and developers
Pakistan's high court judge resigns, cites 'executive's growing control' over judiciary
Justice Mohsin Akhtar Kayani tendered his resignation to President Asif Ali Zardari, becoming the fourth judge of the superior judiciary to resign following the controversial amendments.
Fibe bets on AI as profit doubles ahead of 1000+ crore IPO
Fibe is making artificial intelligence central to its lending model as it prepares for a proposed IPO that could exceed 1,000 crore. Its system evaluates more than 27,000 variables, with automated decisions covering 95% of loans.
87% of India CEOs confident of growth despite cyber, geopolitical risks: KPMG
Nearly 87% of Indian CEOs are confident about their companies' growth prospects in the next three years. They are increasing investments in cybersecurity to mitigate risks associated with growing threats. Attracting and retaining employees remains a major challenge along with skill gaps. Additionally, 66% of CEOs say sustainability is integrated into core strategies for future growth.
TVS Motor to demerge consumer finance business; reports record quarterly revenue
Automaker reports record quarterly revenue of 17,103 crore and a 52% increase in profit after tax to 1,377 crore
Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000
Pakistans gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domestic gas production has fallen nearly 20% in five years, while circular debt and outstanding supplier payments have reached PKR 5.454 trillion. The country also faces challenges managing surplus imported LNG despite household fuel shortages.
Gera Developments has launched The Gera Advantage, a customer-support programme offering eligible homebuyers financial assistance before receiving an occupancy certificate and preventive maintenance checks for seven years afterwards.
School Assembly Headlines for October 29: Top national, international, sports and business updates
School Assembly Headlines: Cyclone Arnab has made landfall on the Andhra Pradesh coast, causing significant evacuation efforts in Odisha. The Union Cabinet has approved a hike in dearness allowance for central government employees starting from July 1, 2026. India has officially invited Pakistan to attend a Shanghai Cooperation Organisation meeting scheduled in New Delhi. Meanwhile, a train collision in Spain has resulted in multiple fatalities, reportedly killing at least 39 people.
Sensex declines 353 points, dragged by Reliance, IT stocks, rising crude oil prices
The 30-share BSE Sensex dropped 352.64 points, or 0.48%, to settle at 73,246.03, recovering most of its sharp intraday losses. During the day, it tumbled 995.1 points, or 1.35%, to 72,603.57
Info Edge CEO Hitesh Oberoi to step down, Sanjeev Bikhchandani to take over
Hitesh Oberoi will step down as Info Edge's MD and CEO on December 2 after nearly 27 years with the company, while founder Sanjeev Bikhchandani will take charge from December 3
In North Carolina, marine biologists are transforming sunken tugboats and concrete pipes into artificial reefs, enhancing the habitat for numerous fish species. These initiatives not only boost marine biodiversity but also show that artificial reefs can effectively replicate natural ecosystems. Current research emphasizes the positive impact these structures can have on fish communities, offering a sustainable way to utilize discarded materials while supporting marine life.
Israel election 2026: Can Netanyahu stay in power? | 5 things to know
The changes, driven by operational requirements, will take effect on various dates starting late October 2026 through early January 2027, according to a notice issued by the railway zone.
LTM launches GCC Origin as IT firms race to serve global capability centres
More than a year after introducing GCC-as-a-Service, LTM creates a dedicated business unit as TCS, Infosys and other technology companies expand their offerings for multinational firms setting up in-house centres
Rupee falls 21 paise to close at 95.28 against U.S. dollar
In the interbank foreign exchange market, the rupee opened at 95.01 against the dollar, then lost ground to touch an intra-day low of 95.29 and finally settled for the day at 95.28 (provisional), registering a decline of 21 paise over its previous close
Vedanta Q2 net profit jumps 151% to 6,202 crore, revenue rises 57%
Vedanta reported a 151 per cent jump in Q2FY27 net profit to Rs 6,202 crore, while revenue rose 57 per cent to Rs 25,812 crore and Ebitda reached a record Rs 9,938 crore during the quarter.
HCLTech launches AI-powered nano GCC offering on AWS
New model targets enterprises seeking to build AI-native operations through smaller, focused teams, with Asia Pacific as the first phase of rollout
TVS Motor Company to demerge consumer finance and related businesses into a separate entity
It will acquire the entire stake of STPL Trading and Services Private Limited for 530.08 crore
JSW Energy Q2 net profit rises 50% to 1,056 crore
Revenue from operations rose 23% year-on-year to 6,368 crore during the quarter, aided by an 18% increase in revenue from the thermal business
KWC Air Guns in India: Official Importer, Dealer and Wholesale Opportunities - Airsoft Gun India
New Delhi [India], October 28: The demand for CO air guns and recreational shooting-sports equipment is creating new opportunities for enthusiasts, retailers and shooting-sports businesses across India. Among the names attracting attention in this category is KWC, a manufacturer known for its range of CO-powered air pistols and revolvers.
New Delhi [India], October 28: With the visionary goal of transforming India into a fully developed nation by 2047, Hon'ble Prime Minister Narendra Modi's Viksit Bharat mission stands tall on multiple pillars of growth. The prestigious Outlook report, Pillars of Viksit Bharat 2026 honours a select group of changemakers whose work is actively shaping India's journey towards becoming a developed nation by 2047 under the Viksit Bharat vision of Hon'ble Prime Minister.
Cabinet approves Rs 10,000-crore container manufacturing scheme, Rs 1,856-cr sports goods scheme
A new ore-der: Can Indias Mineral Exchanges fix the price game?
Indias proposed mineral exchanges aim to fix price transparency, boost liquidity, and create credible domestic benchmarks for ores like iron ore and beyond
Trump-backed Bouchard faces a tight race in Michigans open 10th District
Michigan MI-10 election 2026: Michigans 10th Congressional District is an open-seat race between Republican Michael Bouchard and Democrat Christina Hines after incumbent John James left to run for governor. The Republican-leaning seat remains competitive because of its recent close elections and suburban electorate, with affordability, healthcare, abortion, immigration and manufacturing likely to shape a contest that could matter for control of the House.
South Korea fines Google, Apple a combined $47.6 million over app store payment practices
South Korea fined Alphabet's Google and Apple a total of 63.7 billion won for market abuse. The Korea Media and Communications Commission investigated their practices regarding app store payment systems. Both companies were found to have delayed app reviews and charged excessive commissions. The ruling allowed South Korean developers to utilize external payment links. This marks a significant step in regulating foreign tech companies' practices in the country.
Bank holiday tomorrow, October 29: Are banks closed for Karwa Chauth? Check city-wise details
Banks in India will generally remain open on Thursday, October 29, for Karwa Chauth celebrations. Only bank branches in Shimla, Himachal Pradesh, are set to close for the festival. Customers in cities like Delhi, Mumbai, and Bengaluru should verify their local branch's holiday status beforehand. Digital banking services, including mobile banking and ATMs, will remain accessible even if branches are closed.
UK budget today: UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on income tax, fuel duty, pension payments and household energy bills. John Healey is set to deliver his first Budget this afternoon, with the chancellor expected to outline the proposals at approximately 12.30pm.
Comedian Harsh Gujral took social media by storm with a hilarious tale about crime in Uttar Pradesh. At an awards show, he entertained the audience with a quirky exchange involving a banana seller in Lucknow, who boldly declared that crime was a thing of the past. Present at the event was Chief Minister Yogi Adityanath, who couldn't help but laughed at the punchline.
Hamtramck Disneyland is a vibrant outdoor art installation designed by Dmytro Szylak in Hamtramck, Michigan. This ambitious project sprouted after Szylak's retirement from General Motors and blossomed over nearly thirty years. After his passing in 2015, a collective effort was initiated to save the declining artwork. In 2016, Hatch Art stepped in to restore various structures, encouraging community involvement through annual volunteering opportunities.
Gadi Eisenkot: The ex-general seeking Israels highest political office
Israel election news: Gadi Eisenkot, leader of the Yashar Party, aims to challenge Prime Minister Benjamin Netanyahu in elections. Election polls indicate that neither political bloc may secure a parliamentary majority needed for governance. Eisenkot focuses his campaign on security, governance, and military decision-making against Hamas and Hezbollah. His military background and rejection of Arab party inclusion pose challenges in forming a government.
Bengaluru (Karnataka) [India], October 28: Deakin University has launched its Master of Applied Artificial Intelligence (Professional), expanding its postgraduate offerings at its GIFT City Campus, India's first international university branch campus. Joining the existing Master of Business Analytics and Master of Cyber Security (Professional), the new program strengthens Deakin's commitment to bringing globally recognised Australian higher education to Indian students on home soil, making future-focused, industry-interfaced education both accessible and affordable.
The party's national spokesperson Rajeev Ranjan Prasad's remarks came after the INDIA bloc decided to hold its planned 'public impeachment' of CEC Kumar later this week at the official residence of Congress president Mallikarjun Kharge.
Strong winds and heavy rain lash Amalapuram as Cyclone Arnab hits Andhra Pradesh coast
'Election was very strange': Trump backs Bolsonaros US entry, takes another swipe at Brazil poll
Serbias 'leaderless' student movement won the election. Now it must choose a leader
The Student List has achieved a parliamentary majority in Serbia, marking a significant shift in the political landscape. Comprising various professionals, they are now tasked with selecting government leaders and forming a cabinet. With rising public and private debt, the incoming government faces crucial economic challenges ahead. They must also navigate complex issues of governance and foreign policy regarding relations with Russia and Europe.
Gadkari announces plans for AI-based traffic management system at Highways of Indias Future event
Nitin Gadkari encourages social media influencers and reporters to post videos of damaged highways
Jio valued at $108 billion in IPO, joins Meta, Alibaba and SpaceX club | All you need to know
Jio Platforms debuted at a valuation above $100 billion, joining founder-led companies such as Meta, Alibaba and SpaceX. Its shares opened 21.4% above the issue price, making it Indias second-most valuable listed company and the countrys most valuable telecom firm.
Arvind Q2 profit rises 44% to 148 cr, aided by gains in textiles & Advanced Materials divisions
Profit was also boosted by a net exceptional gain during the quarter, following the reversal of an earlier impairment provision.
Akash Ambani vows to take Jio to greater heights, democratise new tech, space connectivity in 10 yrs
Ambani says the company aims to democratise technology with the potential to transform Indian lives over the next ten years, including connectivity from space
Jio listing a new beginning, next decade to focus on AI: Akash Ambani
Jio Platforms' Managing Director Akash Ambani on Wednesday told employees that the company's stock market listing is not our destination but a new beginning, and asserted that its next decade must be about empowering every Indian to realise their potential to the fullest in the age of Artificial Intelligence. The message came on the day Jio Platforms Limited (JPL) made its debut on the Indian stock exchanges. Shares of Jio Platforms, the Reliance Industries-backed digital services company, made a blockbuster debut on Wednesday, surging 21 per cent against the issue price of Rs 1,119 and becoming the second most valuable domestic firm by market capitalisation. In an email to employees, Akash Ambani said the company must now lead the next wave of technological transformation. From ubiquitous connectivity to digital services, from cloud to artificial intelligence, we must once again lead the next wave of technological transformation - making the world's most advanced technologies
Rareism (from The House of Rare) x Shibani Akhtar explore the many Expressions of Modern Femininity
New Delhi [India], October 28: Rareism, the contemporary womenswear label from The House of Rare, brings Shibani Akhtar into its Autumn/Winter 2026 campaign in a collaboration that places personal style at the centre of the conversation. Moving beyond the idea of a singular fashion identity, the campaign explores the many ways a woman can dress, feel and express herself - sometimes understated, sometimes unapologetically expressive, always on her own terms.
COLORFUL India Successfully Concludes Pan-India Channel Partners Meet in Goa
New Delhi [India], October 28: COLORFUL India successfully hosted its Channel Partners Meet in Goa on 22nd October 2026. The meet brought together channel partners from 14 cities across the country, company leadership and representatives from its technology and distribution ecosystem. It was a platform for the brand to engage directly with the partners who carry its products to customers in diverse regional markets.
Supreme Court agrees to hear challenge to definition of industry in new Central law
The All India Trade Union Congress Tamil Nadus petition challenged the definition of industry under the Industrial Relations Code (IRC) 2020 as deliciously vague; The senior counsel Gopal Sankaranarayanan said the definition in the IRC Code did not meet the requirements of the triple test
Adani Ports Q2 Results: Net profit jumps 17% YoY to Rs 3,622 crore; revenue up 24%
Adani Ports Q2 Results: Adani Ports reported a 17% year-on-year rise in Q2 FY27 net profit to Rs 3,622 crore, while revenue grew 24% to Rs 11,340 crore. The company raised its FY27 revenue and EBITDA guidance by Rs 1,000 crore each and increased its capex guidance by Rs 3,000 crore, citing strong first-half performance.
ABD crosses 10 million case mark in Q2 as margins narrow on supply chain hit
Volume milestone up 11.1% from 9 million cases in Q2 FY26, supported by sequential growth across all four ABD millionaire brands
Jio Platforms delivers biggest listing gain among Indias 5 largest IPOs, jumps 21% on debut
Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest listing-day gain among Indias five largest IPOs by issue size. Brokerages Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, subscriber monetisation and digital services growth.
Adani Greens debt maths: Why leverage may fall below 4x as capex cycle matures
Adani Green Energy Limited is looking forward to a decrease in leverage as its upcoming projects start functioning and yield cash flow. With a substantial 2.4 lakh crore earmarked for capital expenditures by FY30, the company aims to enhance its renewable energy capacity. As project loans are paid off, leverage is expected to dip below four times.
Food and household brands warn of more price hikes as Iran war costs bite
Soaring costs related to the war are the latest headache for consumer goods, food and drink companies, which have struggled with lacklustre sales since the pandemic
