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Kylian Mbappe scores penalty to secure 3-0 victory for Real Madrid against Racing Santander

Kylian Mbapp moved past a difficult week by scoring a crucial penalty for Real Madrid. He helped his team win 3-0 against Racing Santander on Sunday. Prior to this match, he narrowly missed winning the Ballon d'Or to Harry Kane. Following the award announcement, he issued an apology for a social media video. The video contained a joke about former Chinese leader Mao Zedong, which stirred controversy.

The Economic Times 2 Nov 2026 1:06 am

Whats Mr Ballon dOr up to?

Harry Kane had a disappointing game for Bayern Munich against Dortmund despite the pre-game celebrations. He missed a penalty during the match, hitting the crossbar instead of scoring. Kane did manage to assist one goal and was active throughout the game. This draw kept both teams level on points at the top of the Bundesliga. Despite the outcome, Kane remains a key player for his team.

The Economic Times 2 Nov 2026 1:00 am

State-run general insurers to submit turnaround plans

State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.

The Economic Times 2 Nov 2026 1:00 am

World War III: Could Americans be called up for war as Trump abruptly cancels campaign rallies amid Iran tensions?

Fears of World War III are growing amid rising tensions between the US and Iran, with President Donald Trump abruptly cancelling his scheduled campaign events over the weekend. The developments have raised questions about whether the conflict could escalate and whether American civilians could eventually be called up for military service.

The Economic Times 2 Nov 2026 1:00 am

Ascentium eyes India acquisitions to build Asia-focused global services platform

Singapore-headquartered Ascentium is looking to expand its India presence through acquisitions as it builds an Asia-focused global corporate services business. Backed by Hillhouse Investment, the firm has completed seven acquisitions in India since 2019 and is negotiating another, with plans to consolidate specialist firms and challenge established players in the market.

The Economic Times 2 Nov 2026 12:24 am

Irdai to weigh 650+ responses on insurance commissions

The regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, which proposes tighter commission limits, changes to expense-of-management rules and a new distribution architecture. The industry is now awaiting the draft guidelines followed by the final framework.

The Economic Times 2 Nov 2026 12:14 am

Banks are safe; AI bubble is the risk for global markets: Julius Baer CEO Stefan Bollinger

Stefan Bollinger highlights the potential risk of an AI bubble affecting global markets significantly. He notes that India's equity valuation correction is healthy, maintaining the country's growth story. Investors are increasingly diversifying their portfolios with a focus on hedge funds and private equity. The Fed's decision on rates remains uncertain, though high inflation complicates matters. Rising yields in Japan are likely to attract domestic investors back to their markets.

The Economic Times 2 Nov 2026 12:02 am

Banks seek microloan guarantee extension

IDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. They have set aside the guarantee fee for the current fiscal year, expecting the government to reopen the window soon, people aware of the matter said.

The Economic Times 1 Nov 2026 11:47 pm

Banks report 10-50% efficiency gains from AI

Mumbai: Banks are reporting 10-50% improvements across productivity, turnaround time and operating costs from artificial intelligence-led initiatives, with some lenders handling up to 30% more servicing volumes without adding manpower as AI moves deeper into corporate banking, collections and transaction processing.The gains vary across operations: Axis Bank has recorded productivity improvements of more than 10% in selected customer journeys, Kotak Mahindra Bank can handle 20-30% more corporate-servicing volumes with the same headcount, while AU Small Finance Bank has cut the operating cost of AI-led voice operations by 50%.Also read: Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseKotak has deployed AI across its wholesale banking operations. Under Project ACE, the bank has automated the classification and routing of corporate customer requests related to account servicing, payments, transaction disputes and inward remittances.The project has resulted in a massive efficiency gain, resolution tags have improved twice and because of this efficiency gain, there is surplus capacity, allowing the same headcount to handle 20-30% more volumes with the same capacity, said Anu Aggarwal, head-corporate and transaction banking, Kotak Mahindra Bank.The lender is also developing predictive tools to forecast corporate cash inflows, upcoming payments and surplus liquidity, and recommend investment options for excess funds.We are moving from information to intelligence. Instead of just providing CFOs with dashboards and data, we want to use predictive models to help them anticipate collections, upcoming payments and surplus liquidity, while suggesting where excess funds can be invested, Aggarwal said.HDFC Bank said digitisation and straight-through processing reduced service-delivery turnaround times by 30% during the September quarter, while customer visits per frontline employee increased nearly 50%. Former chief executive Sashidhar Jagdishan had indicated that greater AI adoption could reduce manpower requirements in back-office, credit and corporate-support functions.Axis Bank is embedding AI across customer servicing, operations and decision-making through its enterprise-wide AXIOM platform. Its AI bots handled nearly 60% of collection calls during the September quarter. AI-driven solutions such as Doc AI, Voice AI and GenAI-powered collections continue to enhance customer experience, improve operational efficiency and deliver better business outcomes, said Amitabh Chaudhry, MD and CEO, Axis Bank.ICICI Bank has developed an enterprise AI platform covering customer onboarding, fraud detection, portfolio monitoring, document processing and customer servicing. Together, these capabilities help simplify processes, improve turnaround times and support decision-making across multiple banking functions, said Sandeep Batra, executive director, ICICI Bank.

The Economic Times 1 Nov 2026 11:32 pm

Bank cyberattacks raise insurance claim fears

The Economic Times 1 Nov 2026 11:29 pm

PNB union seeks audit of 10,500 branches after 11.24 cr fraud, multiple suspensions; warns against knee-jerk action

The Punjab National Bank's union has urged the management to audit all 10,500 branches and examine staffing, training, security and management oversight after alleged fraud at its Greater Noida branch. Details here. 

Livemint 1 Nov 2026 11:24 pm

Pune Metro Line 3: Route, station list, timings and connectivity - all you need to know

Pune Metro Line 3, connecting Maan and Hinjewadi IT Park with Shivajinagar, will be inaugurated by PM Narendra Modi on November 3. Services on the 23.2-km corridor will begin at 6 am on November 4, with 17 of its 23 stations opening initially.

Livemint 1 Nov 2026 11:21 pm

Power Grid Q2 net profit rises 8% to 3,866 crore

The transmission major also reported higher quarterly income, substantial capital expenditure and 99.81 per cent average transmission system availability

The Hindu Businessline 1 Nov 2026 11:00 pm

Hero, Honda gain ground as October two-wheeler retail jumps 29%

Nearly two-thirds of incremental volumes came from Hero MotoCorp and Honda Motorcycle & Scooter India. TVS, Bajaj and Yamaha grew slower than the market

The Hindu Businessline 1 Nov 2026 9:48 pm

Reliance Foundation launches homes for senior citizens, children and differently abled

Township in 100 acre plot at Karjat, Maharashtra, has capacity to house 15,000 people including residents, medical professionals, support staffs, and their families

The Hindu Businessline 1 Nov 2026 9:42 pm

LIC Housing Finance to grow double digit in H2 FY2027; portfolio to jump 3.5 lakh crore: Sandeep Kumar

We see significant potential in project finance, which is a margin-accretive business and offers us greater diversification, says Kumar

The Hindu Businessline 1 Nov 2026 9:40 pm

The Old Farmers Almanac has survived for centuries, and its unusual mix of weather forecasts, folklore and gardening advice explains its lasting appeal

Published in 1792, The Old Farmers Almanac provides a wealth of information about weather and agriculture. It serves as a reference for gardening advice, recipes, and astronomical data. Originally intended to support farming, it has grown in scope over the years. The publication retains relevance as technology changes how people access information. Its enduring popularity illustrates the lasting interest in traditional sources of knowledge.

The Economic Times 1 Nov 2026 9:37 pm

Zee Entertainment distances from Founders CBI investigation

Clarification follows ECIR booking over alleged misappropriation of 1,322 crore loan from LIC Housing Finance

The Hindu Businessline 1 Nov 2026 9:35 pm

Pride Hotels eyes 4,140 more rooms to touch 7,341 keys; backed by a 350400 crore capex

Pride Hotels is targeting a combined portfolio and pipeline of 7,341 rooms over the next 1224 months, with a longer-term ambition of 10,000 keys by 2030

The Hindu Businessline 1 Nov 2026 9:34 pm

Propane is back in Morbi, but rising prices cloud ceramic makers recovery

Varmora runs 80% of its plants on propane at 92 per SCM; Kajaria flags further price rises amid limited visibility on fuel costs

The Hindu Businessline 1 Nov 2026 9:19 pm

Cyclone Arnab death toll rises to 6 with two bodies recovered in landslide-hit south Odisha village

The death toll in Odisha due to Cyclone Arnab has reached six, with bodies recovered from Gidipabali village. Around 10 individuals remain missing after the village was buried in a landslide triggered by heavy rainfall. Survivors have been relocated to a relief center, expressing fears about their missing loved ones. Various rescue teams are actively searching for the missing persons amidst debris and mud.

The Economic Times 1 Nov 2026 9:18 pm

VBJ to look at going public in 3 to 4 years

The Hindu 1 Nov 2026 9:03 pm

DivyaSree Developers, HDFC Capital partner to set up 1,500 crore residential platform

The partnership aims to build a 6,750 crore development pipeline over the next three to four years as the commercial property developer accelerates its residential expansion across major Indian cities.

Livemint 1 Nov 2026 9:00 pm

Honda invests 2,420 crore to raise capacity, targets premium motorcycle and EV growth

Honda Motorcycle & Scooter India President and CEO Tsutsumu Otani discusses festive demand, competition from Hero MotoCorp, electric scooters and the companys premium motorcycle ambitions

The Hindu Businessline 1 Nov 2026 8:55 pm

Why did Amazon cut 250 jobs in its devices unit despite new product launches? What employees were told

Amazon has cut up to 250 jobs in its devices and services division, mainly affecting software development roles. The company cited efficiency and changes to its product plans, while employees were informed through early morning texts and emails.

Livemint 1 Nov 2026 8:14 pm

Apax co-CEO bets on Indias AI strengths, eyes faster investment

Apax Partners has invested about $4 billion in India and returned more than $10 billion to investors. Despite currency pressures and market uncertainty, the private equity firm sees long-term opportunities and may direct around 10% of its next fund to Indian businesses.

Livemint 1 Nov 2026 8:12 pm

Flying from Mumbai on Nov 19? Here's what you should know about 6-hour airport closure

Both runways at the airport RWY 09/27 and RWY 14/32 will remain closed between 11 am and 5 pm on November 19, MIAL said

Livemint 1 Nov 2026 8:11 pm

Nita Ambani lays foundation stone for Karjat care facility on birthday

Nita Ambani performed the groundbreaking ceremony for Nita Mukesh Ambani Anant Ashray in Karjat, Maharashtra, on her birthday. This care facility aims to support over 5,000 residents, including orphaned children and senior citizens. The township will be developed in phases and will focus on community living rather than traditional institutional care. This project will include numerous medical and recreational facilities to promote individual wellbeing and personal development.

The Economic Times 1 Nov 2026 7:07 pm

Traditional entry-level engineering roles have collapsed due to AI: LTM

LTM says AI is reshaping IT services delivery, eliminating traditional entry-level roles while creating demand for AI-native engineers, new skills and outcome-based pricing models

Business Standard 1 Nov 2026 7:07 pm

Who is Deepali Masirkar of ONGC? IPS, London School of Economics alumna, now Executive Director-Chief Security

Masirkar is a 2008-batch IPS officer of the Nagaland cadre. She holds a Bachelor of Science degree from St Francis College, affiliated with Osmania University in Hyderabad, and an LLB degree from Mumbai University.

Livemint 1 Nov 2026 7:00 pm

Domestic PV dispatches cross five-lakh units mark in October on strong festive demand

Domestic passenger vehicle wholesales in October are estimated in the range of 5.25-5.3 lakh units, against 4.6 lakh units in October 2025; this should represent growth of around 13-15% year-on-year despite a high base in the year-ago period.

The Hindu 1 Nov 2026 6:53 pm

Syngene expects stronger H2 on order book, Zoetis supplies; retains outlook

Syngene International expects a stronger second half of FY27, driven by its order book and Zoetis supplies, while retaining guidance for a single-digit revenue decline.

Business Standard 1 Nov 2026 6:42 pm

Maruti flags mounting shipping disruptions in West Asia, but exports resilient

The challenges come even as Maruti Suzukis exports jumped 59.3% in October, suggesting room for further growth once the conflict eases.

Livemint 1 Nov 2026 6:34 pm

RPG Life Sciences eyes another acquisition with 500 crore capital pool

The drugmaker plans to deploy 500 crore for another acquisition within 12 months as it targets 25 per cent annual growth in its API business over the next five years

Business Standard 1 Nov 2026 6:20 pm

Binance resumes bitcoin, ether withdrawals after recovering 95% of $6.3 billion in crypto theft; check details

Binance resumed withdrawals for 15 cryptocurrencies in phase 1 after using its own funds to cover about 95% of the $6.3 billion stolen in a heist. Details here.

Livemint 1 Nov 2026 6:12 pm

Listed hotel chains, developers line up nearly 10,000 room signings in October

Lemon Tree, IHCL and Brigade led expansion signings this month as operators are targeting tier 3, 4 cities, airport hubs and emerging leisure markets

Livemint 1 Nov 2026 6:10 pm

Indias coal imports decline 5.83% in August

According to a statement from the Coal Ministry, the decline was primarily led by the power sector whose imports during the reported period declined 6.4% overall.

The Hindu 1 Nov 2026 6:09 pm

Daylight Savings Time 2026: Could this year be the last year Americans change their clocks twice a year?

Millions of Americans will change their clocks on November 1, 2026, marking the end of daylight saving time. Lawmakers are considering abandoning this twice-yearly clock adjustment, with a proposal approved by the House. However, the Senate expresses concerns about implications for winter mornings and public safety. Disagreements surfaced between Republican Senator Tom Cotton and the president over permanent daylight saving time.

The Economic Times 1 Nov 2026 6:06 pm

Rahul Gandhi acting at behest of foreign powers: BJP chief Nitin Nabin attacks Congress over Delhi rally

BJP chief Nitin Nabin criticized Rahul Gandhi for allegedly acting under foreign influence to create disorder. He emphasized that the Constitution should govern the country rather than the 'Gandhi family's law.' Nabin accused the Congress party of seeking to challenge democratic processes after failing to secure a people's mandate. He also reiterated the BJP's intent to retain power in the upcoming general elections.

The Economic Times 1 Nov 2026 6:04 pm

NBCCs Avenue Towers in Sarojini Nagar sees 5,191-crore sale of 8.8 lakh sq ft apartments

State-owned NBCC has sold residential apartments spanning approximately 8.80 lakh sq ft at Avenue Towers on Africa Avenue Marg in New Delhi's Sarojini Nagar for around 5,191 crore. The proceeds will be used to fund Central Government redevelopment projects.

Livemint 1 Nov 2026 5:50 pm

CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi

Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone in Navi's growth after securing USD 100 million from Prosus.

The Economic Times 1 Nov 2026 5:27 pm

Indian Oil spends 37% of 32,700 crore FY27 capex target in first half

Indian Oil spent 12,162 crore in the first half of FY27, with refining and marketing accounting for the bulk of investments as major refinery expansion projects near completion.

Business Standard 1 Nov 2026 5:10 pm

Coal Indias supply to power sector in October records all-time high, grows 19%

The countrys largest coal producers supplies to the sector crossed the 57 MT mark for the first time in the companys history

The Hindu Businessline 1 Nov 2026 4:55 pm

Godrej Properties targets 40,000 cr revenue recognition by March 2028

Godrej Properties expects a sharp rise in deliveries and earnings next fiscal, with sold-out projects worth 40,000 crore set for revenue recognition by March 2028.

Business Standard 1 Nov 2026 4:54 pm

Jio says tariff hikes can wait, eyes 10-15 partners for overseas play

Jio Platforms plans to drive growth through digital services and overseas technology partnerships rather than rely solely on mobile tariff hikes.

Livemint 1 Nov 2026 4:43 pm

PNB Housing aims for a 4x growth in corporate loan book to Rs 3,000 crore

PNB Housing Finance aims to expand its corporate loan book significantly by the end of March 2027. The company intends to maintain a focus on retail housing finance while growing its corporate lending portfolio. Currently, the corporate loan book stands at Rs 689 crore, contributing to 3 percent of overall loans. Loan growth guidance of 18-20 percent for the financial year remains unchanged, despite interest rate increases.

The Economic Times 1 Nov 2026 4:14 pm

Big Bullet Train Plans Revealed! Delhi to Kanpur in 1 hr 45 mins, Lucknow 2 hr 12 mins, Varanasi 3 hrs 33 mins - Fares?

The Railway Minister also highlighted the convenience for passengers and the major transport connectivity hub for all of North India and North East India.

Livemint 1 Nov 2026 4:07 pm

Bosch Home Comfort eyes double-digit share in India AC market with dual-brand strategy

Bosch Home Comfort Group plans to position Hitachi in the mainstream and mass-premium segments and Bosch in the performance-premium and super-premium categories

The Hindu Businessline 1 Nov 2026 4:06 pm

Knowledge Marine bags 300 crore dredging order from New Mangalore Port

The order encompasses maintenance dredging across the outer approach channel, lagoon, dock areas, turning circle, designated berth faces and pump-house areas

The Hindu Businessline 1 Nov 2026 3:57 pm

Valuation changes no grounds to reopen TVS family settlement: InGovern

Corporate governance advisory firm InGovern calls for a review of disclosures and a legally defined resolution of the TVS family dispute to protect minority shareholders

Business Standard 1 Nov 2026 3:36 pm

Solex Energy eyes US market for global debut, plans module and cell projects

The US is a high-potential market, Chetan Shah, Chairman and MD of Solex Energy, told PTI.

The Hindu Businessline 1 Nov 2026 3:35 pm

Coal India records 19% growth in October production

Offtake in October stood at 70.3 MT, up 18.7 per cent from 59.2 MT a year ago.

The Hindu Businessline 1 Nov 2026 3:15 pm

Good intentions, unintended consequences: The cost of regulation

Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.

The Economic Times 1 Nov 2026 2:56 pm

NMMS scholarship 2026-27 deadline extended: Check new date, eligibility and application process

The Ministry of Education has extended the NMMS scholarship application deadline for the 2026-27 academic year to November 15. Students can apply through the National Scholarship Portal, while institute-level and district-level verification must be completed by November 30 and December 15, respectively. The scheme provides eligible students with annual financial assistance of Rs 12,000.

The Economic Times 1 Nov 2026 2:47 pm

Reopening family pacts after ownership transfers will hurt TVS minority shareholders: InGovern

Earlier this month, Venu Srinivasan, Chairman Emeritus, TVS Motor said he had separated his personal assets and the familys businesses openly and transparently

The Hindu Businessline 1 Nov 2026 2:46 pm

Global beverage majors advance India IPO plans, from DRHP filing to board approval

Carlsberg has filed an updated draft red herring prospectus for its potential IPO in India. Pernod Ricard continues to prepare for its proposed listing while awaiting board approval for its Indian business. Coca-Cola is exploring a potential IPO for its Indian bottling operations, emphasizing the value in the domestic market. These developments indicate a growing interest in public listings among multinational beverage companies in India.

The Economic Times 1 Nov 2026 2:45 pm

Festive mode brings cheer to automakers with record sales in October

Tata Motors, Hyundai Motor India and Mahindra & Mahindra see best-ever October sales

The Hindu Businessline 1 Nov 2026 1:48 pm

M&M vehicle sales grow 9% to record 13,1109 units in Oct

Mahindra & Mahindra said domestic passenger vehicle sales rose 2% year-on-year to 73,338 units in October, and commercial vehicle sales rose 4% to 33,037 units

The Hindu Businessline 1 Nov 2026 1:23 pm

Sarda Energy & Minerals Q2 results: Net profit dips 2.2% to 320 crore

Sarda Energy & Minerals has reported a 2.2 per cent decline in consolidated net profit to Rs 320 crore, mainly impacted by lower revenues. It clocked Rs 328 crore profit after tax (PAT) in the second quarter of the preceding 2025-26 financial year, the company said in a statement on Saturday. In July-September, the company's total income reduced by 5.7 per cent to Rs 1,505 crore from Rs 1,596 crore a year ago. In Q2 FY2, the company's EBITDA also fell 2.7 per cent year-on-year to Rs 564 crore from Rs 580 crore in July-September of FY26. However, in April-September, its PAT grew 4.5 per cent to Rs 799 crore from Rs 764 crore in the year-ago period. Sarda Energy & Minerals Limited (SEML) is an integrated energy and minerals company with interests spanning power generation, mining, steel and ferro alloys.

Business Standard 1 Nov 2026 1:22 pm

Hyundai Motor India sales rise 17.7% in Oct to 82,299 units

The milestone was driven by record domestic sales of 62,799 units, a 16.7% rise, and exports grew 21.1% to 19,500 units, the automaker said

The Hindu Businessline 1 Nov 2026 1:20 pm

Escorts Kubota reports 10% decline in October sales to 16,921 units

Escorts Kubota Ltd on Sunday reported a 10 per cent year-on-year decline in total tractor sales to 16,921 tractors in October from 18,798 a year earlier. Its domestic tractor sales fell 10.9 per cent to 16,412 tractors compared to 18,423 units in the year-ago period. However, the company's exports rose 35.7 per cent to 509 units in October against 375 units in the year-ago period. The industry witnessed some moderation in October 2026, impacted by a high base, shift in festive timing and monsoon-related disruptions. Elevated input costs due to geopolitical developments and consequent pricing actions may moderate demand in the near term, the company said in a release.

Business Standard 1 Nov 2026 1:15 pm

Who is Xavier Niel? French billionaire to acquire 16.2% stake in Vodafone in a 54,103 cr deal | All you need to know

French billionaire Xavier Niel has secured CCI approval to acquire a 16.2% stake in Vodafone. The Iliad founder built his fortune through low-cost telecom services before expanding into media, startups, and artificial intelligence. Heres a look at his career and investments.

Livemint 1 Nov 2026 1:14 pm

Centre notifies airfare rules; to take effect from January 1

The DGCA will monitor tariffs established by operators.

The Hindu Businessline 1 Nov 2026 1:06 pm

10 penny stocks plunge up to 70% in three months. Do you own any?

Ten actively traded penny stocks have fallen between 34% and 73% over the past three months, highlighting the risks associated with low-priced shares. Cropster Agro recorded the steepest decline at 73%, followed by Bridge Securities and Empower India, which dropped 55% and 50%, respectively.

The Economic Times 1 Nov 2026 12:53 pm

IOC, BPCL, HPCL clock 30,106 cr Q2 profit, nearly 39% of FY26 earnings

India's three state-run fuel retailers earned a combined standalone net profit of Rs 30,106 crore in the July-September quarter, nearly 39 per cent of their annual earnings, after a refining margin boost and inventory gains helped more than offset losses on fuel sales and a mounting unpaid LPG subsidy bill. The combined profit of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) is 68.3 per cent more than their earnings in the same period last year and a swing from a combined loss of about Rs 18,150 crore in the previous April-June quarter, according to company filings. The July-September quarter alone equals about 39 per cent of the three companies' combined FY26 (April 2025 to March 2026 financial year) profit of Rs 77,281 crore. The boost in earnings came despite petrol and diesel prices remaining on freeze since May and unchanged domestic LPG rates since March, despite a surge in benchmark prices and input crude

Business Standard 1 Nov 2026 12:31 pm

Tech Mahindra prioritises growth blitz after margin boom

As he completes 12 quarters at the helm next month, Tech Mahindra CEO Mohit Joshi talks about prioritizing organic growth, decoupling headcount from revenue in the AI era, and eyeing larger acquisitions next year.

Livemint 1 Nov 2026 12:22 pm

IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earnings

In the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106 crore, reversing a previous loss of Rs 18,150 crore. This profitability surge defied the ongoing freeze on petrol and diesel prices since May. Indian Oil Corporation achieved its highest standalone quarterly net profit, buoyed by strong refining margins, yet faces ongoing challenges related to fuel under-recoveries.

The Economic Times 1 Nov 2026 12:22 pm

Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday

Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above $117 a barrel. Investors will track oil price movements, foreign institutional investor (FII) activity, global cues and domestic market trends for direction. FIIs turned net buyers after a 10-week selling streak, lending support to sentiment.

The Economic Times 1 Nov 2026 12:07 pm

FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last week

Amidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made significant contributions in July and August, outflows continued through September. By late October, a turnaround occurred as foreign investors became net buyers, infusing approximately Rs 6,300 crore into the market. Support from domestic institutional investors provided much-needed stability as all eyes turn to potential global impacts on investor sentiment.

The Economic Times 1 Nov 2026 11:55 am

Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD

Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.

The Economic Times 1 Nov 2026 11:35 am

Bosch targets double-digit share in India's AC market within two years

European heating and cooling solutions provider Bosch Home Comfort Group, which plans to launch Bosch-branded air conditioners next year, is eyeing a double-digit market share over the next two years, said its Managing Director Sanjay Sudhakaran. The company is targeting to secure a place among the top five brands in the medium term, he added. Bosch Home Comfort Group, part of German engineering major Bosch GmbH, is accelerating its India expansion strategy through a dual-brand approach. It acquired the global residential and light-commercial air-conditioning business of Johnson Controls and Hitachi in August 2025 According to the strategy, it is positioning Hitachi in the mainstream and mass-premium segments and Bosch in the performance-premium and super-premium categories to tap different cohorts of the consumer groups, Sudhakaran told PTI in an interview. Besides, Bosch Home Comfort is strengthening its long-term commitment to India with plans to invest 80 million euros (around

Business Standard 1 Nov 2026 11:34 am

ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite

ITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette operating profit following tax hikes. Nuvama expects consolidated revenue to fall 3% YoY and EBITDA to decline 20%. Growth in FMCG and paper businesses could provide some cushion against the pressure.

The Economic Times 1 Nov 2026 11:27 am

Nifty ITs 18% rally may mark a durable leadership cycle; 35,000 next: LKP's Vatsal Bhuva

Nifty ITs 18% October rally could signal a sustained leadership cycle, supported by improving momentum, a bullish RSI crossover and capital rotation from global AI stocks. Analyst Vatsal Bhuva sees the index targeting 35,000. He remains cautious on Swiggy, bullish on Acutaas Chemicals, and recommends buying Persistent Systems and Eternal based on positive technical setups.

The Economic Times 1 Nov 2026 11:25 am

Creators and stand-up comics are driving India's live events boom

Creator-led formats and stand-up tours are expanding India's live entertainment market beyond music, though rising event costs and audience monetisation remain key hurdles.

Livemint 1 Nov 2026 11:19 am

Sona Comstar expects annual investments to rise as business grows: MD

Auto component maker Sona BLW Precision Forgings Ltd (Sona Comstar) expects its annual investments, currently at Rs 500-600 crore, to rise as it scales up operations, with a focus on R&D, capacity expansion and new capabilities, its Managing Director and Group CEO Vivek Vikram Singh said. In an interview to PTI, Singh shared that the company will continue investing across all its three business lines, adding that it had introduced three new products during the September quarter. Annual investment is currently around Rs 500-600 crore. This should increase as we grow over the decade, he said. Singh said investments would cover multiple areas, including R&D, capacity additions, capability additions and new processes, with the company focusing on developing entirely new products. According to the company's Q2 results release, the three products commercialised during the quarter were a helical limited slip differential for EVs, air springs for railway coaches and rear radar ...

Business Standard 1 Nov 2026 10:54 am

Bonus issues, stock splits, dividends: Infosys, Asian Paints among over 40 stocks turning ex-date this week

More than 40 companies have scheduled record dates for dividends, bonus issues, rights issues and stock splits during November 26, 2026. Major names include Infosys, Asian Paints, Coal India, Power Grid and Info Edge, while Sanofi India will offer the weeks highest announced dividend of Rs 75 per share.

The Economic Times 1 Nov 2026 10:34 am

Tamil Nadu CM Vijay to inaugurate Rs 31 crore projects, hold roadshow in Pudukkottai

Chief Minister C Joseph Vijay is scheduled to visit Pudukkottai on Monday for several inaugurations. He will open a modern bus stand and an indoor sports stadium during his visit. Additionally, he plans to distribute welfare assistance to local residents in the area. Following the official events, he will participate in a roadshow across town to engage with the public.

The Economic Times 1 Nov 2026 9:57 am

DeepSeek Drops Enhanced Coding Agent With Aim to Rival Anthropic

DeepSeek has released a prototype of a more autonomous coding agent as it seeks to challenge Anthropic PBCs popular Claude Code.

Livemint 1 Nov 2026 9:48 am

Ramkrishna Forgings Q2 profit at 70 crore

Naresh Jalan, MD, Ramkrishna Forgings said domestic demand remained healthy in Q2.

The Hindu Businessline 1 Nov 2026 9:44 am

Suraj Estate Developers Q2 results: Profit down 30%

Consolidated net profit at 23.06 crore in Q2FY27.

The Hindu Businessline 1 Nov 2026 9:17 am

Commercial LPG prices hiked by around 10 per cylinder

A cylinder in Delhi now costs 2,820

The Hindu 1 Nov 2026 9:14 am

Warren Buffett hasnt had water in 50 years; billionaire investor Bill Ackman reveals | Watch video

Bill Ackman recalled that Warren Buffett declined water at a dinner, choosing Cherry Coke instead and claiming he had not had water in 48 years. Buffett is known for drinking five cans of Coke daily and has often joked about his devotion to the beverage.

Livemint 1 Nov 2026 9:08 am

Who is Alice Huang? US accuses ex-Megaspeed exec linked to Nvidia CEO Jensen Huang of spying for China: What we know

Former Megaspeed top executive Alice Huangs links to Nvidia CEO Jensen Huang have come under scrutiny amid reports of suspected intelligence sharing with Beijing. Singapore has denied investigating her alleged intelligence ties.

Livemint 1 Nov 2026 7:19 am

Elderly care industry eyes emerging companionship market

In India, elderly companionship services face hurdles in building a dependable market, primarily due to the stigma linked to purchasing social connections. Numerous programs have emerged to facilitate interactions among seniors through conversation and activities aimed at enhancing emotional health. Entrepreneurs grapple with the challenge of making companionship a sustainable expense, even as the senior population rises.

The Economic Times 1 Nov 2026 6:00 am

French billionaire Xavier Niel gets CCI nod for 16.2% Vodafone stake: What is the 5.1 billion deal?

The CCI has approved French billionaire Xavier Niel's 5.1 billion deal to acquire a 16.2% stake in Vodafone Group through his investment vehicle Vega SAS. The acquisition, from Emirates Telecommunications Group, will make Vega Vodafone's largest shareholder.

Livemint 1 Nov 2026 12:10 am

Ajooni Storage Systems Expands its Industrial Racking and Warehouse Storage Solutions for North India's Growing Logistics Sector

New Delhi [India], October 31: Ajooni Storage Systems, an ISO 9001 and BIFMA certified manufacturer, exporter and supplier of industrial storage solutions headquartered in Dwarka, New Delhi, today announced the expansion of its product range in Gun Compactors - for storing Rifle and pistols, supplied in Air Force and army, Order Picker Racking System and Heavy Duty Reel Racks. The company serves factories, warehouses, defence establishments, schools, libraries and commercial retailers across Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand, and exports to African markets.

Business Standard 1 Nov 2026 12:05 am