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New Delhi [India], October 27: 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.
Amazon plans 3,000 electric trucks with Tata Motors for India logistics
The rollout will begin in Delhi and later expand to key highways, with Amazon targeting electrification of the 2,800-km Delhi-Bengaluru-Chennai freight corridor
Indian lenders defer dollar debt sale plan as rates turn expensive
Amidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying their dollar debt initiatives. The looming expiration of the Reserve Bank of Indias hedging facility in December adds further pressure to these institutions. Nevertheless, there remains a glimmer of optimism among certain banks regarding potential future dollar bond sales as market conditions evolve.
Bajaj Auto Q2 Results: Profit jumps 35% YoY to Rs 3,354 crore; revenue up 34%
Bajaj Auto Q2 Results: Revenue grew 34% YoY to Rs 20,003 crore for the first time, doubling over the past three years. The company also reported EBITDA exceeding Rs 4,000 crore, a rise of over 37% from the year-ago period.
Comic Con India makes Madhya Pradesh debut in Indore this December
The event will feature activities spanning comics, anime, gaming, cosplay, merchandise and brand experiences
Radico Khaitan posts record Q2 as profit surges 66%, stock climbs 1.5%
Net revenue from operations grew 16.8% to 1,745.1 crore in Q2 FY2027, compared with 1,493.9 crore in the same quarter last year
Transformers and Rectifiers to invest 1,250 cr for 3 manufacturing plants in Gujarat
Construction of these facilities has already started in December 2025, and their commercial operations are expected to begin in the first quarter of FY28
Banas Dairy to raise cattle-dung processing capacity by 51% to 515 tonnes a day
The expansion precedes PM Modis Banaskantha visit on October 30; Banas Dairy currently processes 340 tonnes of dung daily across four plants
WABAG secures order from RIL to deliver mega desalination and remineralisation plant at Jamnagar
Shares of Va Tech Wabag were trading at around 1,838.50 up over 7.7%
Karwa Chauth Gift Ideas: Looking for the perfect Karwa Chauth gift for your wife? From personalised jewellery and skincare hampers to romantic dinners, thoughtful keepsakes and weekend getaways, there are plenty of ways to make the occasion special. Whether you prefer a meaningful handmade present or a practical gift she can use every day, these unique Karwa Chauth gift ideas can help you choose something she will cherish.
GST officers must prove intent to evade tax before invoking fraud provision: CBIC
GST officers cannot invoke fraud, wilful misstatement or suppression provisions merely because tax has not been paid or a discrepancy is found, the CBIC has clarified. Such provisions can be used only where there is specific evidence of deliberate intent to evade tax, and that evidence must be clearly set out in the show cause notice.
Ticks, especially the lone star variant, are becoming increasingly worrisome for those who enjoy the great outdoors. Studies point out that although deer herds influence tick populations, other factors are at play. A research effort in Connecticut demonstrated that reducing deer numbers led to a decrease in tick populations and Lyme disease instances. Moreover, the emergence of Alpha-gal Syndrome, associated with lone star tick bites, introduces additional health hazards.
JSW Steel expects 8%-9% gain in second-half volume, CEO says
The Indian steel producer also expects margin pressure to ease with efficiencies including larger blast furnaces, better raw material mix and cost management
Karnataka final electoral roll after SIR has over 4.55 crore voters
Karnataka has officially published the final electoral rolls indicating 4.55 crore voters after the SIR process. The voter count decreased from 5,54,32,314 to 4,55,00,011, a decrease of 99.32 lakh voters. Among the final rolls, there are 2,25,40,493 male voters and 2,29,12,355 female voters recorded. Additionally, there are 2,841 third-gender voters included in the statistics. The data also notes that over 6.83 lakh voters belong to the 18-19 age group.
Rapido could be removed from app stores in Pune as police crack down on its unlicensed bike taxi services. The companys approval application remains pending, and authorities have warned of legal action.
DPIIT advances trust-based governance to ease business regulations across India
According to an official statement, the government has reduced 47,957 compliance requirements across Central Ministries and States and Union Territories (UTs)
PSU vs private banks: The real story behind the Q2 divergence
Public sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facing margin pressures, private banks continue to show growth in profits and loan portfolios. The rising costs associated with funding and foreign currency deposits are impacting private banks' profitability. Corporate loan advances are increasing faster than retail loans across multiple private institutions.
Tata Consumers distribution overhaul powers growth in more businesses, says CEO
A distribution overhaul has helped make growth businesses a key engine for Tata Consumer Products. The company is expanding AI tools across sales and tea production, while price hikes and premium products support growth despite inflation and softer demand.
Anthropic IPO: Firm uses catastrophic word 10 times in document to highlight humanitarian AI risks
Anthropics IPO filing highlights an unusual risk for investors, warning that its AI technology could pose catastrophic or existential risks to humanity if developed or deployed without adequate safeguards. According to Axios, more than 90 pages of the prospectus are devoted to risk factors, including concerns about AI misuse, weaponisation and autonomous systems.
Swiggy renews insurance cover for 25 lakh delivery partners with IndusInd General Insurance
Under the renewed programme, delivery partners receive accidental death cover of 10 lakh, in-patient hospitalisation cover of up to 2 lakh, and family health coverage of up to 1 lakh
JLR India starts local production of Defender, prices start from 99 lakh
In India, Defender will be available in petrol and diesel engines from 2.0-litre petrol to 3.0- litre petrol and 3.0 litre Diesel in X-Dynamic HSE derivative
JLR India starts local production of Defender, prices start from 99 lakh
In India, Defender will be available in petrol and diesel engines from 2.0-litre petrol to 3.0- litre petrol and 3.0 litre Diesel in X-Dynamic HSE derivative
Diwali sweets: luxury mithai brands make a beeline for premium gifting market
Diwali is driving a push into high-end mithai, with boxes priced up to 21,000 and brands blending traditional sweets with premium ingredients and contemporary flavours. However, premium mithai is still a tiny share of Indias sweets market.
L&T secures 5,000 crore-plus orders for Dhaka Metro Line 1 systems
The company will execute key track and electrical packages for Bangladesh's first underground metro project, along with Sumitomo Corporation
Truecaller launches Lite app for budget android phones ahead of Indias festive season
Truecaller says the lighter app draws on the same database and detection systems as its main application, which identified over 68 billion spam and fraud calls in 2025
Grand Rapids (Michigan) [US] / Mumbai (Maharashtra) [India], October 27: In a significant milestone for Indian manufacturing, Mr. Vaibhav B. Tamboli, Chairman, CEO & Managing Director of Tamboli Industries Limited, the listed holding company of Tamboli Castings Limited (TCL), took centre stage today at the 73rd Technical Conference & Equipment Expo hosted by the Investment Casting Institute (ICI) in Grand Rapids, Michigan, USA. Held from 25 th to 28 th October 2026, the summit is recognised as the world's most prestigious gathering for precision investment casting foundries and brings together top executives, metallurgists and industrial leaders from across North America, Europe and Asia.
Coal India spends 7,996 crore in H1 FY27, exceeds capex target by 9%
The state-owned miner achieved 109 per cent of its first-half capex target, with mine infrastructure, land acquisition, machinery and diversification driving spending
Cipla Q2 Results: Profit falls 35% YoY to Rs 878 crore, revenue slips 2%
Revenue from operations dropped 2.4% YoY to Rs 7,404 crore in Q2FY27
Dalal Street faces significant market challenges, leading Kotak Institutional Equities to spotlight selective stock value. With large-cap stocks in view, the impact of geopolitical strife and fluctuating crude oil prices weighs heavily on investor sentiment. The brokerage sees potential recovery catalysts in peace talks regarding the Iran-US situation and favorable Q2 earnings.
AM Green, JERA ink long term supply agreement for Green Ammonia
JERA and AM Green will supply about 70,000 tonnes of green ammonia annually for 5 years, with possible term extension for more supply
Coal India's capex rises 27% in April-September
The increased capex comes in the wake of the company's efforts to modernise its mines, expand production capacity and strengthen coal evacuation infrastructure
Jacob & Co has partnered with GB Realty on a proposed 2,4002,500 crore luxury housing project in Mohali. The nine-acre development will feature five towers, three branded by Jacob & Co and two named for Salman Khan.
Microsofts new Voluntary Exit Offer has prompted investor Muthukrishnan Dhandapani to warn of further tech-sector job losses and economic fallout. He urged workers to avoid major investments and maintain savings, saying the transition to new opportunities could be painful.
Unicorn India Ventures US expansion aimed at speeding up portfolio growth and exits
Founder Bhaskar Majumdar tells Mint how the VC firm's new US base will connect Indian portfolio companies with American co-investors and buyers while keeping its funding focus firmly on India.
Bandhan Bank denies acquisition talks with First Abu Dhabi Bank
Bandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factually incorrect. The lender said it was not involved in any such discussions or proposal.
Axis Direct has identified nine stocks for Diwali Samvat 2082, with projected upside of 15% to 20%. Its picks span banking, healthcare, hospitality, automobiles, IT, metals and engineering, with earnings growth and sector opportunities central to the investment outlook.
Jaipur (Rajasthan) [India], October 27: Every Indian kitchen runs on a short list. Atta for the rotis, dal for the evening meal, a spoon of mustard oil for the tadka, a pinch of haldi, and a jar of dry fruits kept aside for guests. Change any one of them and the family notices. Let any one of them be adulterated, and the family pays the price, often without ever knowing.
Agilisium shifts Asia HQ to Hyderabad; eyes $500 mn revenue in 5-7 yrs
The life sciences technology company plans to move its Asia headquarters from Chennai as it targets about 5,000 specialised professionals and $500 million in revenue over five to seven years
Jios big-bang listing may give it stock markets No.2 crown after Reliance Industries
Jio Platforms could overtake Bharti Airtel to become Indias second-largest listed company after its October 28 debut, with a 22% grey market premium implying a market capitalisation of Rs 12.5 lakh crore. Its Rs 30,213-crore IPO drew 22.2 times subscription, while brokerages highlighted growth opportunities in broadband, enterprise technology and AI.
Hindustan Zincs long-term investments yield results, says chairperson Hebbar
The companys initiatives, including the Debari roaster and debottlenecking projects at Chanderiya and Dariba, have contributed to higher refined metal output and improved operating efficiencies
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case. Network expansion, improving subscriber trends and tariff hikes could support strong revenue and EBITDA growth.
Porsche Profit Holds Firm as 911 Cushions Sales Slump
Porsche AGs profitability held up despite another sharp decline in vehicle sales, as demand for 911 sports cars and high-priced derivatives helped cushion the slump in China and weaker factory utilization.
The Bombay High Court rejected Metas plea challenging its jurisdiction to hear Blink Digitals dispute over disabled business accounts. Meta had argued that only courts in California could hear the case. The court will next hear Blink Digitals request for interim relief on November 2, 2026, at 4 pm.
HUL Q2 preview: Margins pressures loom as raw material prices continue to rise
Analysts estimate HULs July-September revenue at 17,582 crore and net profit at 2,784 crore. Higher raw material costs could pressure margins, while price increases may affect volumes.
Noel Tata has challenged Tata Sons resolution to reappoint N Chandrasekaran for five years from February 2027, arguing it was not properly placed on the agenda and lacked required committee recommendations and affirmative votes. He has also requested an unedited recording of the board meeting.
Jio Platforms IPO allotment out; shares set to list tomorrow
The 30,213 crore issue, priced at 1,119 at the upper band, was subscribed 22.19 times overall by the close of bidding on October 23
Anup Bagchi takes charge as HDFC Bank MD & CEO
Anup Bagchi has taken charge as the managing director and chief executive officer of HDFC Bank. He succeeds Sashidhar Jagdishan, who completed his tenure on October 26. HDFC Bank acknowledged Jagdishan's contributions in terms of performance and culture during his leadership. The bank expressed optimism for Bagchis leadership moving forward in terms of strategic priorities. They provided details regarding both executives in compliance with regulatory requirements effective from October 1.
New Delhi [India], October 27: QWEEN, India's first self-discovery experiential luxury jewellery brand, backed by Rosy Blue and Kashikey, today announced the launch of its first experiential store in Noida, marking the brand's retail debut. More than a jewellery store, it introduces an experiential retail philosophy that reimagines jewellery discovery.
Microsofts first Voluntary Exit Offer targets roughly a quarter of its workforce at level 70 and below in participating teams. The individualized packages vary by level, location, and tenure, and may include severance, continued stock vesting, and health insurance.
Microsoft has offered a voluntary exit option to around 60,000 employees, nearly 27% of its workforce, across India, the US, UK and Canada. Eligible employees can leave with financial support as the tech giant ramps up AI investments and reshapes its workforce.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion. While the listing would open up investment opportunities in a leading AI developer, rising infrastructure costs, mounting losses and concerns over growth sustainability remain key risks.
Anup Bagchi takes charge as HDFC Bank CEO and MD, succeeds Jagdishan
Country's largest private sector lender HDFC Bank on Tuesday said that Anup Bagchi has taken charge as its managing director and chief executive. His predecessor, Sashidhar Jagdishan, vacated office on Monday after the completion of his term, the bank informed exchanges. Bagchi, an ICICI Group veteran, is the first outsider to head HDFC Bank in its over-three-decade history. His previous assignment was as the MD and CEO of ICICI Prudential Life Insurance. He joins HDFC Bank at a time when the lender is battling a slew of challenges, including ones on core income growth and margins, which have made investors wary. In brief comments on an earnings call which he attended, Bagchi said a part of the work on the bank's 2023 merger with housing finance major parent HDFC is yet to be executed and also announced that he will be meeting all the stakeholders to better understand the bank. Bagchi had also appreciated the strong and committed leadership at HDFC Bank, amid speculation over whe
Sona BLW Precision Forgings shares rally 6% after Q2 profit rises 29%, revenue jumps 35%
Sona Comstar shares surged nearly 6% after the company reported record Q2FY27 revenue and profit, driven by robust growth in its electric-vehicle business, new orders and product launches.
Sigma Advanced Systems shares rally 5% after securing Rs 973 crore NATO order
Sigma Advanced Systems shares rallied after the defence manufacturer secured a Rs 973-crore order from a NATO customer for Base Bleed Units used in 155 mm artillery ammunition. The contract strengthens its push towards vertical integration and expanded manufacturing capabilities.
Didnt get Jio IPO shares? Experts decode the listing-day playbook for investors
Jio Platforms Rs 30,188-crore IPO was subscribed 22.19 times, with the final issue price set at Rs 1,119 per share. As the stock prepares to list on the NSE and BSE on October 28, investors who missed the allotment are weighing whether to buy on debut or wait for a potential correction.
Anthropics IPO filing has put a spotlight on its founding team. Five of the AI companys seven co-founders hold more shares than CEO Dario Amodei. Here is a look at their roles, backgrounds, and stakes in the firm.
Ather Energy shares jump 5%, extend rally to 20% in two days after Q2 results. Can the run continue?
Ather Energy shares extended their rally on Tuesday after the electric two-wheeler maker reported its first quarterly profit of Rs 1.26 crore in Q2 FY27. Revenue surged 63% year-on-year to Rs 1,464 crore, while EBITDA turned positive. Nomura raised its target price to Rs 2,070 and retained its Buy rating.
New Delhi [India], October 27: JSA Advocates & Solicitors, a leading national law firm, hosted Leaders Golf 2026 at the Classic Golf & Country Club, ITC Grand Bharat, Manesar, bringing together senior corporate leaders, investors, entrepreneurs and international professional lady golfers for a morning of golf, interaction and camaraderie. Golfers from over eight nationalities participated in the event.
Why are HDFC Bank shares steady as Bagchi officially takes charge as MD & CEO
The stock remains under significant pressure, down 30.45 per cent year-to-date against the Nifty 50s 12.86 per cent decline
IOB may raise 5,000 crore of capital from December quarter-end: MD Srivastava
The capital raise could reduce the governments shareholding in IO. The bank plans to bolster cybersecurity safeguards by engaging consultants and increasing technology spending
Tata Motors secures Iveco takeover as 87.81% shareholders back 3.91-billion deal
Acquisition to give Indian manufacturer larger presence across Europe, Latin America
Will Rs 5 lakh crore bet on Jio open floodgates for India's mega IPOs?
Jio Platforms' recent IPO generated considerable public enthusiasm, showcasing a notable appetite for large-scale offerings among investors. This wave of interest could prompt other firms to accelerate their IPO plans. Experts suggest that the viability of future IPOs will hinge on prevailing market trends and investor mood. Additionally, the significant funds from Jio's IPO will soon be redirected into various investment avenues, potentially bolstering upcoming offerings and shaping pricing strategies.
VVDN Technologies said to consider up to $300 million IPO
The company has invited investment banks to pitch for roles on the potential share sale and is expected to appoint advisers soon
BLS Polymers IPO opens today; GMP signals 27% listing gain. Check key details
BLS Polymers Rs 255-crore IPO opened for subscription on October 27 and will close on October 29. The issue, priced at Rs 142150 per share, commanded a 27% grey market premium. The company plans to use the proceeds for manufacturing expansion, working capital and general corporate purposes.
Indias Defence Acquisition Council approved defence procurement proposals worth Rs 2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Tata Motors' Iveco bid crosses 80% threshold as acceptances hit 87.81%
Provisional acceptances under the 3.91 billion offer reached 87.81 per cent of Iveco's share capital, clearing the revised minimum threshold of 80 per cent
Q2 results: L&T, Bajaj Auto, Maruti Suzuki, Cipla among 110 firms on Oct 27
Q2FY27 company results: Firms including ACC, Waaree Energies, Vedanta Iron and Steel, Mazagon Dock Shipbuilders, and Steel Authority of India are also to release their July-September earnings today
Paytm Q2 FY27 profit rises over 10-fold to 225 crore; revenue grows 28% to 2,648 crore
EBITDA increased 90% y-o-y to 270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time
Mankind Pharma among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks recorded a rise of over 7% in futures open interest on October 26, with Radico Khaitan leading at 16.05%, followed by Mankind Pharma at 9.6%.
Stay tuned to businessline for more business, financial and stock market news.
MTAR Technologies among 4 stocks closing above VWAP
Four Nifty500 stocks closed more than 2.5% above their respective volume-weighted average prices (VWAPs) on October 26, according to StockEdge data. The scan highlights stocks trading above their volume-weighted average price for the session.
Wipro Share Price Live Updates: Wipro's Remarkable Monthly Returns
JSW Steel among 5 stocks showing the White Marubozu pattern
Five Nifty500 stocks that gained over 4% on October 26 featured in StockEdges White Marubozu bullish scanner. The candlestick pattern indicates strong buying momentum, with prices closing near the session high after opening at or near the low.
RIL Share Price Live Updates: RIL's Price Action Below Moving Average
Titan Company Share Price Live Updates: Titan Company trading volume insights
Ather Energy among 5 stocks showing RSI trending up
Five Nifty500 stocks that gained over 5% on October 26 featured in the RSI Trending Up scan on StockEdge. The scan identifies stocks whose Relative Strength Index (RSI) has crossed above 50 from below, signalling strengthening price momentum.
HDFC Bank Share Price Live Updates: HDFC Bank's Weekly Returns Dip
Tata Motors' bid to takeover Iveco clears 80% acceptance threshold
Tata now holds 89.42% of Iveco's common share capital based on provisional results, both companies said
Grasim Inds Share Price Live Updates: Grasim Industries Trading Figures
SBI Share Price Live Updates: SBI Trading Volume Overview
Mankind Pharma Q2 profit rises 38% to Rs 716 crore
Mankind Pharma has announced a profit increase of 37.7% to 716 crore during the September quarter. Revenue from operations rose to 4,337.9 crore compared to 3,697.2 crore in the same quarter last year. This growth is attributed to strong performance in both domestic and international markets. The recent acquisition of Armed Cell Therapeutics is expected to enhance R&D capabilities.
Tata consumer Q2 net profit up despite higher costs, weak tea demand
Tata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter as weak demand and surging commodity costs took their toll. To counter this, the company emphasized its salt business, which saw significant revenue increases driven by volume growth and price hikes. Meanwhile, international revenue held steady despite challenges in the UK market caused by weather issues.
Microsoft to offer buyouts to 60,000 workers in latest cost cut
Microsoft Corp. will offer buyouts to about 60,000 workers, part of the companys efforts to trim costs and retool its workforce for the artificial intelligence era.
Anthropic's Wall Street debut: How rich could its 7 co-founders get at a $1.5 trillion valuation?
Anthropics IPO filing offers a glimpse into the wealth and influence of its seven co-founders. As the AI firm prepares to go public, its shareholdings, voting power and philanthropic pledges are drawing attention, alongside the stakes held by tech giants Amazon and Google.
SoftBank vehicle sells 3.58 crore Ola Electric rights entitlements amid 1,000-crore issue
The investment vehicle sold 1.21 crore REs on October 22 and 23, followed by another 2.37 crore on October 26, according to exchange data.
Microsoft buyout offer to employees: Who is eligible and what over 60,000 techies have been offered
Microsoft has offered voluntary exits to about 60,000 employees, or 27% of its global workforce. Eligible staff in four countries may receive severance, continued stock vesting, health insurance and career-planning support.
SBI launches CyRIS centre to strengthen cybersecurity capabilities
SBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centre will delve into vital aspects like threat intelligence, cyber defense mechanisms, and ethical hacking practices. It also emphasizes malware analysis, AI security, and quantum-safe advances, showcasing SBI's unwavering resolve to fortify cybersecurity across the financial landscape through collaborative efforts.
NBFCs curb fresh loans in rural markets as weak monsoon raises repayment risks
India's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in drought-affected regions. The lenders are closely monitoring borrowers for early signs of repayment difficulties due to weak monsoon rainfall. Companies are adjusting loan growth expectations downward and strengthening collection efforts in impacted locations. Several states are under close scrutiny as economic pressures mount from lower incomes and agricultural yields.
Can SFC Environmental Technologies IPO deliver long-term growth for high-risk investors?
SFC Environmental Technologies is planning an IPO to raise 150 crore for debt repayment and 517.5 crore for an offer for sale. The company has reported consistent growth in both revenue and profits, with significant contributions from repeat customers. Concerns include uneven cash flow due to high working capital and reliance on government contracts for revenue.
