26 C 
Axis Max Life partners with Tata Digital Group Company to make life insurance more accessible
New Delhi [India], October 14: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited (Axis Max Life / Company), has partnered with Tata Fintech, a subsidiary of Tata Digital, to expand the portfolio of life insurance solutions on Tata Neu, India's omnichannel loyalty and financial services app.
Kumar Mangalam Birla plans to invest up to $30 billion across the Aditya Birla Groups businesses over next two to three years, adding about increased spending in the United States. The Aditya Birla Group has operations in 41 countries, reported revenue of $72 billion in financial year ended March.
Govt proposes BS-VII emission norms from April 2029; adds brake, tyre, battery-durability rules
India currently follows Bharat Stage VI standards, introduced nationwide in April 2020, which significantly tightened vehicle-emission requirements and brought the country closer to international regulatory practices
India's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US regarding the Sanctioning Russia and Iran Act of 2026. The legislation allows the US to impose tariffs on nations purchasing Russian energy under specific conditions. Additionally, the US announced a significant diesel deal with Russia, which could impact global energy dynamics.
Tata Play takes its channel bundle beyond the set-top box
Tata Play has launched Tata Play Smart with over 500 television channels as smart television moves beyond urban homes.
Restrictions expose Ukraine's Starlink dependency in Russia war: Observers
As Ukraine faces significant constraints on the use of Starlink satellite internet amid its ongoing conflict with Russia, military operations are increasingly jeopardized, especially in terms of drone communication effectiveness. With winter approaching, the pressure mounts on air defense systems to address rising Russian drone threats. Ongoing discussions among officials regarding the reasons behind these limitations highlight concerns about the future of U.S.
Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of its IPO opening on October 15. The Rs 5,012 crore issue, priced at Rs 143151 per share, comprises a fresh issue and an offer for sale. Subscription closes on October 19.
US bank earnings: How did Morgan Stanley and Bank of America perform in Q3?
Equity trading boosts Morgan Stanleys Q3 earnings, while Bank of Americas revenues were hit by $1.2 billion regulatory penalties
IDBI officers forum opposes majority stake sale to Fairfax, demands review
IDBI employees have demanded the deal process be suspended immediately.
Jio IPO sparks investor buzz: GMP hits 20% as Reliances telecom arm announces price band, dates
Jio Platforms IPO grey market premium climbed to Rs 220 after the company filed its red herring prospectus (RHP) on Wednesday. The GMP implies a nearly 20% premium over the upper price band of Rs 1,119. The Rs 30,213 crore IPO, opening on October 21 and closing on October 23, is set to surpass Hyundai Motor Indias 2024 offering to become Indias largest-ever public issue.
Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight
Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, profitability, a vast customer base, extensive network infrastructure and proprietary technology. The company also sees growth opportunities in fixed broadband, AI-led services, digital subscriptions and overseas technology monetisation.
Cabinet approves 52,878-crore sale of 60.72% stake in IDBI Bank to Fairfax
The deal would be the largest foreign direct investment in Indias financial sector to date, Finance minister Nirmala Sitharaman said after the Cabinet Committee on Economic Affairs meeting on Wednesday.
Sebi confirms interim curbs on Rajesh Exports, says financial disclosure concerns remain unresolved
Sebi has confirmed interim restrictions on Rajesh Exports and promoter Rajesh Mehta, citing unresolved concerns over financial disclosures, possible misrepresentation and the routing of company funds through personal accounts. The regulator said gaps in consolidated revenue disclosures and missing supporting records remain, while directing the company to maintain accurate financial and related-party disclosures.
MRPL Q2s registers PAT at 1,881, up by 194%
The company informed stock exchanges that the board of directors of MRPL on Wednesday approved the companys standalone and consolidated financial results for the second quarter and half year of 2026-27
Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion.
Tata Trusts row: Noel, son Neville Tata move Mumbai courts with caveats
Tata Trusts chairman Noel Tata and his son Neville have filed caveats in city courts in the row surrounding Venu Srinivasan and Vijay Singh, sources said on Wednesday. The caveats filed in the Bombay High Court and also in the Mumbai City Civil Court will ensure that they are heard before the passing of any orders. Both the father and son moved the courts with their caveats on October 7, as per official records. Srinivasan and Singh had filed complaints against Noel and Neville Tata with the Maharahstra Charity Commissioner, alleging governance lapses and irregularities at some of the Tata Trusts. Noel and Neville had earlier filed similar caveats at the charity commissioner's office, according to reports. The caveat in the Bombay High Court has Noel as the caveator, while Srinivasan has been named as the caveatee. Singh has been included as an extra party caveatee along with lawyer Darius Khambata and Tata group veteran Bhaskar Bhat. Noel Tata features as the caveator in the move
Biocon gets launch clarity for breast cancer biosimilar after Genentech deal
The company is targeting the first quarter of 2027 for launches in the European Union and the UK, followed by the US in the third quarter of 2028
HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2
HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, loan growth and lower credit costs. The lender expects festive demand and stronger disbursements to drive growth in the second half and declared an interim dividend of Rs 2 per share.
Groww Q2 profit rises 54% to 725 crore as revenue mix diversifies
Groww has been working to reduce its dependence on equity derivatives by expanding its presence across other business segments, including commodities trading and its margin trading facility (MTF)
Scimplify raises $25 million in a strategic funding round led by Hitachi Ventures
Scimplify will build physical processing capabilities in the US while simultaneously qualifying American manufacturing partners that can support technology transfer, pilot and validation batches
Toyota Kirloskar expects better sales to continue till Q1 next year
The additional capacity, which was expected to come up this year, will be at an upcoming third plant in Bidadi. It will have an annual capacity of one-lakh units for different models, including Innova HyCross
Ahead of Market: 10 things that will decide stock market action on Thursday
Sensex and Nifty ended lower on Wednesday as investors booked profits after the previous sessions rally, with caution ahead of US inflation data weighing on sentiment. Market participants will track global cues, crude oil prices, foreign investor flows and stock-specific developments on Thursday, alongside buying and selling trends across key counters.
The Cabinet Committee approves Canadian billionaire Prem Watsa-led firm's bid; deal requires RBI and other regulatory clearances.
Accenture bets on AI, targets mid-single-digit growth for next two years
Accenture aims for mid-single-digit revenue growth in constant currency in FY27 and FY28, followed by faster growth from FY29, as AI services help offset revenue pressure
Reliance Consumer Products launched flavoured milk, Joyland, available in three variants, vanilla, strawberry and pistachio, in Tamil Nadu. It marks their entry into the ready-to-drink dairy beverage sector after the soft-drink market.
Delhi Half Marathon revises route, shifts Open 10K start to JLN Stadium
The organisers of the Vedanta Delhi Half Marathon have announced changes to the race routes for safety reasons. The starting point of the Open 10K will now be Jawaharlal Nehru Stadium instead of Sansad Marg. Minor adjustments have also been made to the half-marathon route due to recent protests. The organisers are preparing to share further details with participants regarding race-day arrangements.
Infantino to chair FIFA Council meeting as critics push to oust him
Gianni Infantino will chair the FIFA Council meeting that is set to address his controversial leadership. Discussions will include financial proposals and disciplinary issues affecting FIFA's operations and reputation. As the presidential election approaches, Infantino faces significant challenges from European and North American critics. FIFA plans to distribute additional funds to member federations to counter opposition claims.
A recently identified dinosaur species named Invictibellatrix amberina was discovered on the Isle of Wight. The discovery marks the first evidence of megaraptorans in Europe, dated to about 120 million years ago. The dinosaur is believed to have hunted small prey and measured three to four metres in length. Researchers used CT scans to confirm its unique anatomical features and identify it as a new species.
Modi govts 13 strategic disinvestments in 10 years
The Modi government is set to sell a 60.72% stake in IDBI Bank for 52,878 crore. This sale will surpass previous disinvestment efforts, making it the largest to date. Notably, the government has executed 13 strategic disinvestments over the last decade. Previous notable disinvestments include Air India and multiple power sector companies. These actions highlight the ongoing commitment to privatization and fiscal consolidation.
DGFT speeds up silver imports through IIBX, other nominated agencies
The government has simplified the procedure for obtaining import authorisations for specific silver items. This change should help genuine applicants receive approvals more quickly and efficiently. Import authorisations will only be available for purchases made through the India International Bullion Exchange or specified banks. Existing applicants will have the chance to revise pending applications using this new process.
Donald Trump approval ratings in some states were sliding to negative from the positive that is recorder earlier in 2026. Republicans are retreating from a handful of battleground U.S. House races, while Democrats are racing to raise money to boost candidates who seemed like long shots earlier this year.
Haier India targets 40% festival growth, bets on premium appliances with new launches
Haier Appliances India is banking on premium products, strong regional demand and attractive financing schemes to drive sales during the festival season
Kamala Harris is embarking on a campaign tour to support Democratic nominees in key states. She will visit Nevada, Mississippi, New Hampshire, Wisconsin, and Georgia from October 21 to 30. Harris's tour highlights various historic candidates, including potential first Black governors and senators. In Georgia, she will participate in events aimed at voter protection and engage with progressive activists.
Hyundai aims to regain No. 2 spot in India by 2028-29, says global CEO
Hyundai plans to regain its No. 2 position in India by 2028-29 through Pune plant expansion, 26 new models and investments in electric vehicles and greater localisation
Canada aims to seal India trade pact by year-end amid push to diversify ties
Canada aims to finalize a Comprehensive Economic Partnership Agreement with India by the end of this year. Foreign Minister Anita Anand emphasized the need for diversifying trade partnerships beyond reliance on the United States. Indian trade negotiators recently visited Canada as both nations work to strengthen economic ties. A significant uranium supply agreement between Cameco and India illustrates growing cooperation between the two countries.
Fairfax will acquire a majority stake in IDBI Bank after Cabinet approval, sparking concerns about job security and staff welfare. Here's what the government said in response.
CSB Bank merger with IDBI Bank likely after Fairfax deal
Fairfax will either have to sell its 40% stake in CSB Bank or merge it with IDBI Bank, as RBI regulations do not allow an entity to own two banks.
Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details
Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could raise Rs 28,755 crore. At the cap price of Rs 1,119, the IPO size would rise to about Rs 30,213 crore.
Akash, Isha Ambani's birthday to mark close of Reliance Jio's mega IPO
Akash and Isha Ambanis birthday on October 23 coincides with the closing day of Reliance Jios Rs 30,000 crore IPO. The listing marks a milestone for the telecom and digital business, which the twins have helped shape since its early years, as Jio prepares to enter Indias public markets.
The EDs Headquarter Investigation Unit carried out seizure under Section 37A of the FEMA
Jio IPO to open on October 21: 10 things to know about the Rs 30,000 crore mega issue
Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could become Indias largest-ever public offering, surpassing Hyundai Motor Indias record IPO. Here are 10 key details on issue size, dates, shareholder quota, financials and valuation.
Govt. to roll out National Electricity Data Sharing framework in October: Power Secretary
Power Secretary Pankaj Agarwal added that a data governance committee would also be set up at the national level which would be headed by Chairperson of the Central Electricity Authority.
Netflix layoffs: 1,000 jobs to go as streaming giant expands into ads, live sports and gaming
Netflix layoffs: Netflix is reportedly planning to cut about 6% of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022. The reported cuts come as the streaming company expands into advertising, live programming and gaming amid intensifying competition for viewers.
Canara Bank Q2 profit rises 8% YoY to Rs 5,175 crore
Canara Bank reported an 8.4% year-on-year rise in second-quarter net profit to Rs 5,175 crore, supported by higher net interest income and improved asset quality. Net interest income grew 20.4% to Rs 11,005 crore, while lower provisions helped earnings. Global advances rose 19.5%, outpacing deposit growth.
HPL subsidiary Adperma inaugurates 6000-crore phenol and acetone plant in Haldia
With an annual capacity of 345,000 tonnes of phenol and 215,000 tonnes of acetone, the facility is the largest of its kind in India
Q2 Results Today, 14th October 2026 Highlights: Several companies are scheduled to announce their results for the quarter ended September 30, 2026, on Wednesday includingBHEL, Groww, Canara Bank, ICICIGI, CEAT, HDB Financial, Tata Tech are among the companies in focus as the September-quarter earnings season progresses. Follow this live blog for the latest results, key financial highlights and stock movements as companies announce their earnings.
JLR India bullish on higher growth, driven by rising consumer aspirations, electrification
After inaugurating a retail showroom in Chennai, JLR India is also working toward setting up one in Madurai
BoB shares fall 3.5% after B R Shetty files $15 billion suit against bank
Bank of Baroda said it had not been served with B R Shetty's $15 billion suit and would defend itself firmly, adding that the allegations remained untested in court
Kumar Mangalam Birla plans $30 billion push undeterred by crises
Kumar Mangalam Birla announced plans to invest $30 billion over the next two to three years. This investment will target businesses both in India and internationally, reflecting the group's global operations. The Aditya Birla Group will allocate $5 billion for a new aluminum recycling plant in Alabama. Birla acknowledged that geopolitical issues complicate investment decisions and have changed strategies.
Sparx taps into youth culture with Tamannaah and Lakshya for new 'Greatest of Today' campaign
New Delhi [India], October 14: For a generation that is constantly creating, exploring, experimenting, and expressing itself, waiting for the perfect moment is increasingly becoming a thing of the past. Sparx, one of India's most popular footwear brands, is turning this cultural shift into its newest brand platform, 'Greatest of Today' (G.O.T.), a campaign designed to strengthen the brand's relevance among young, style-conscious consumers, featuring Tamannaah and Lakshya as brand ambassadors. At the heart of the campaign is Sparx's latest range of sneakers and versatile sports shoes, created to complement the different ways young consumers move through their everyday lives.
Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation
Jio Platforms has filed its red herring prospectus (RHP) for an IPO of up to 27 crore equity shares, setting the stage for what could be Indias largest-ever public issue. Anchor investor bidding will begin on October 19, 2026, followed by the public issue opening on October 21
Emirates cites infrastructure, flying-rights hurdles at Navi Mumbai, seeks more India flying rights
Emirates said Navi Mumbai needs supporting facilities to attract international carriers, while its India expansion remains constrained by bilateral flying rights.
The Union Cabinet approved Fairfax's acquisition of a 60.72% controlling stake in IDBI Bank for 52,878 crore. The deal would reduce the governments and LICs stake in the lender. Here's how the restructuring process unfolded over a period of nine years.
Jio Platforms announces IPO subscription window from October 21 to 23
Jio Platforms, the digital services arm of Reliance Industries, will open its initial public offering (IPO) for subscription on October 21 and close it on October 23, according to a regulatory filing
Emirates to stay at Mumbai airport this winter; says Navi Mumbai not ready for shift
Airline flags supporting infrastructure needs as MIAL defers proposed cut in international flights
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar for 7700 crore
The acquisition will be undertaken through Aegis Logistics International Pte Ltd, the companys wholly owned step-down subsidiary
Pune (Maharashtra) [India], October 14: FITTR, a technology-enabled preventive-healthcare company, today announced its collaboration with PRA Group's Sendh Lake City to spread fitness, preventive healthcare and healthier everyday living across the community. The announcement was made at the launch of the project, which was attended by Rohit Chattopadhyay, Co-Founder and Director, FITTR.
Reliance Jio files RHP, announces IPO dates for India's biggest listing
Jio IPO: Reliance Jio has filed its red herring prospectus for an October 21-23 IPO, set to be Indias biggest public issue. The offering comprises 27 crore fresh shares, with reservations for Reliance Industries shareholders and employees. The company plans to use most of the proceeds to repay borrowings, while investors assess its valuation.
Bajaj Consumer Care Q2 Results: Profit jumps 66% YoY to Rs 70 crore, revenue rises 25%
Bajaj Consumer Care reported a 66% year-on-year rise in Q2FY27 net profit to Rs 70.2 crore, while operating income grew 25.4% to Rs 332.8 crore. EBITDA surged 71% to Rs 83.3 crore. Domestic business revenue grew over 30%, and the companys shares have rallied 96.42% in 2026 so far.
Tata Trusts row: Noel, son Neville Tata move Bombay HC and Mumbai civil court with caveats
Both the father and son moved the courts with their caveats on October 7, as per official records
B2B manufacturing startup Scimplify raises $25 mn led by Hitachi Ventures
The fresh capital will be used to expand Scimplifys research laboratories, deepen its presence in US and Europe, and strengthen its in-house AI platform SciNode.
Prem Watsa, who moved from Hyderabad to Canada at 22 with $8, built Fairfax Financial into a global insurance and investment group. Now valued at around $100 billion in assets, Fairfax is expanding its India presence through the acquisition of IDBI Bank.
When Shakti Has No Name, But Leaves a Legacy
New Delhi [India], October 14: This Navratri, Khattri Aromas' #NaamKyaHai initiative turns the spotlight on women whose quiet strength shapes families, communities and generations, raising a question that deserves to be asked far beyond the festive season.
Toyota Kirloskar to ramp up Bidadi production from early 2027, add 1 lakh units of capacity
The expansion will complement the automakers existing Karnataka operations and a separate Maharashtra facility planned for completion in 2029.
Gopalan Aerospace invests $40 million in Hoskote facility, targets 50% annual growth
The launch took place in the presence of Karel Havlek, Deputy Prime Minister and Minister of Industry and Trade of the Czech Republic, and C. Prabhakar, Director of Gopalan Enterprises
Stocks Sena launches free stock research platform, raises USD 232,000 at USD 2.32 million valuation
Stocks Sena, a venture co-founded by Krishna Singhal and Pushan Jain, has unveiled an innovative research platform aimed at empowering Indian investors. This website equips users with financial data and stock screening capabilities, granting access to primary-source company disclosures without any subscription fees. Notably, AI tools are designed to simplify complex earnings calls, enhancing comprehension of key financial insights.
IDBI Bank-Fairfax deal: Government to retain 15% stake, LIC to hold 19%
The government will retain a 15% equity stake in IDBI Bank and Life Insurance Corporation will hold 19%. Both the government and LIC will withdraw their nominees from the bank's board and become public shareholders. The Cabinet Committee on Economic Affairs has empowered the Alternative Mechanism for minority stake sales of the government's holdings. LIC will manage its residual shareholding as per internal procedures and regulatory compliance.
Dynamatic Technologies among 7 stocks hitting 52-week highs; rally up to 32% in a month
Seven BSE 1000 stocks touched fresh 52-week highs despite the Sensex closing lower on Wednesday. West Coast Paper Mills led the list with a 32% monthly gain, followed by Dynamatic Technologies, Cyient DLM and Aditya Infotech.
Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore
The 60.72 per cent stake being acquired by Fairfax will comprise a 30.48 per cent holding of the government and a 30.24 per cent stake held by the Life Insurance Corporation of India (LIC).
Sebi proposes market cap-based SME IPO norms, seeks public comments on regulatory overhaul
Sebi has proposed a sweeping overhaul of SME IPO regulations, including market capitalisation-based eligibility thresholds, higher profitability requirements, lower minimum application values and changes to allotment norms. The proposals also cover underwriting, market making, lock-in periods and migration to the main board. Public comments are invited until November 4, 2026.
Indian equities closed lower on Wednesday as investors booked profits ahead of key US inflation data. The Nifty 50 fell 0.44% to 22,623, while the Sensex declined 0.34% to 72,782. Nestle India and Infosys led Nifty gainers, while Shriram Finance and HDFC Life topped the losers list.
This brings to a close a process that has stretched over five years, marking a significant step in the government's efforts to reduce its ownership of state-run assets and attract private capital into the financial sector.
WaterLabs Expands Its Home Water Filtration Range with HL-12-PP
Chhatrapati Sambhajinagar (Maharashtra) [India], October 14: White deposits on taps, scale inside geysers and sediment in household water can turn everyday routines into recurring maintenance problems. Water quality matters throughout the home, from the storage tank to the bathroom and washing machine. WaterLabs builds filtration products for these different uses, helping households choose solutions suited to the water they use every day.
Lightstorm bets $500 mn on fibre networks to tap Indias AI data centre boom
The company has spent $500 million on fibre networks, data centre connectivity and subsea cables linking India to the rest of the world
Tata Technologies Q2 results: Profit rises 4% YoY to Rs 171 crore; revenue jumps 28%
Tata Technologies has reported an 4% increase in profits year-on-year for the second quarter of FY27, with its operating revenue soaring 28% to Rs 1,699 crore. The net income for this quarter stood at Rs 171 crore, indicating a healthy growth. Additionally, the company announced several key deal wins, which bolster its market position.
Air India CEO Tewolde Gebremariam is reportedly seeking to reduce the cost of maintaining the airlines six A350 aircraft. The airline recorded its highest-ever annual loss of more than 220 billion rupees ($2.3 billion) in the previous financial year.
Indias IT exports: Deliver the code, chase the cash
Indias software and technology exports continue to grow. But for smaller companies, winning an overseas contract does not necessarily mean the money will come back
Indias holiday rentals scale up as hotel supply lags
The expansion of alternative accommodation comes as domestic travel gathers pace, creating opportunities for operators that manage holiday rentals.
HDB Financial Services Q2 Results: Net profit jumps 34% YoY to Rs 780 crore, revenue up 10%
HDB Financial Services Q2 Results: HDB Financial Services reported a 34% year-on-year rise in Q2FY27 net profit to Rs 780 crore, while revenue from operations grew 10% to Rs 5,005 crore. The company also declared an interim dividend of Rs 2 per share. Its shares fell over 4% ahead of the earnings announcement on Wednesday.
Reliance Consumer Products rolls out 20 flavoured milk in Tamil Nadu
Reliance Consumer Products Limited announced its entry into the ready-to-drink dairy market with the launch of Joyland flavoured milk in Tamil Nadu.
Gujarat Energy, GSPL Transmission pay record 384.67 cr dividend to state govt
GEL contributed 324 crore, while GTL paid 60.67 crore.
The Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaishnaw said. The government and Life Insurance Corporation of India will retain a combined 34% stake in the restructured entity. Vaishnaw called it Indias largest financial-sector FDI.
Mint Explainer: Auto industry braces for a festive-season reality check
Since September 2025, the auto industry has posted double-digit growth in several months, driven by lower prices following GST cuts. But rising vehicle prices, borrowing costs and inflation threaten to dampen festive demand.
10 Nifty500 stocks that have fallen up to 58% in a year
Ten Nifty 500 stocks have fallen between 47% and 58% over the past year, significantly underperforming the broader market. KEC International, Reliance Power and KPIT Technologies lead the list of laggards, as nearly 50 stocks in the index have declined more than 30% during the period.
Your Didi is with you, today and forever: Mamata Banerjee slams Centre over arrest of CJP leaders
Mamata Banerjee condemned the arrest of Cockroach Janata Party leaders by Delhi Police for alleged trespassing. She expressed solidarity with the youth, assuring them of her support against government oppression. Banerjee highlighted the need to protect democratic rights and accused the government of silencing dissent. Opposition leaders from various parties also criticised the government's actions regarding the arrests.
Mizoram targets 57% tourism share in GSDP by 2047, opens new investment pathways
Mizoram plans to enhance tourism's contribution to its economy by leveraging cultural and natural assets. The government is executing tourism infrastructure projects worth over Rs 681.16 crore to support this initiative. Targeting to welcome 10 lakh visitors by December 31, local benefits are prioritized alongside visitor numbers. Various tourism events are scheduled to attract a diverse range of tourists throughout the year.
Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 2026. Finance Minister Nirmala Sitharamans comments on LTCG and STT have revived hopes of tax relief, but analysts remain divided on whether any rejig can trigger a sustained FII comeback.
Family office to billionaire Narayana Murthy to double exposure in India
It is targeting annual returns of 16% to 18%, Deepak Padaki, president of Catamaran Ventures LLP said on the sidelines of Bloomberg's New Economy Forum
KIMS Hospitals, Liverpool NHS organisations partner for medical research and training
The collaboration will create opportunities for joint research, medical fellowships and professional exchanges, with BIMS coordinating placements across both healthcare systems.
Companies shift to bank loans as bond costs rise, driving 81% share of fresh credit: Jefferies
Indian companies are increasingly relying on bank loans as corporate bonds and other borrowing sources become more expensive, with banks accounting for 81% of fresh credit between November 2025 and August 2026, according to Jefferies. Bank credit growth rose to 18% in August, led by corporate borrowing, while non-bank credit growth slowed to 10%.
