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From sarees to perfumes, creators launch consumer brands as scaling challenges persist
Content creators have followed celebrities into consumer businesses to cut dependence on brand partnerships, but a large audience is no guarantee of success. For newer entrants, high upfront costs and the ability to generate repeat purchases remain key tests of business sustainability.
TVS Motors Venu Srinivasan and daughter Lakshmi file caveats against each other over inheritance
Venu Srinivasan and his daughter Lakshmi Venu have initiated caveats against each other regarding family business matters. The filings occurred in Chennais civil and commercial courts earlier this month. While Venu and his son Sudarshan claim a previous agreement exists, Lakshmi is advocating for a fair settlement. Mallika and Lakshmi have expressed their intention for an amicable resolution through discussions.
Mumbai (Maharashtra) [India], October 27: Aleph, a global leader accelerating digital advertising and fintech solutions across more than 130 high-growth markets, today announced the appointment of Medhavi Singh as its new Country Head for India. The appointment signals Aleph's commitment to India's digital economy, a market it sees as pivotal to the pace of digital growth right across APAC.
Indira IVF in talks to acquire Sabine in nearly Rs 1,300 crore deal
Indira IVF is considering an acquisition of Sabine Hospital and Research Centre valued at 1,200-1,300 crore. Sabine provides a range of fertility and maternal healthcare services across two facilities in Kerala. The deal would strengthen Indira IVF's presence in the fertility treatment sector in India. Sabine is expected to generate a revenue of 230-250 crore in FY 27.
Piramal Pharma swings to 5 crore profit in Q2 as revenue rises 28%
The Mumbai-based pharmaceutical company recorded higher operating revenue during the quarter, while its total expenses also increased year-on-year
ASM Lifts 2027 Outlook as AI Buildout Fuels Demand For Tools
ASM International NV increased its revenue target for next year by about 24%, setting up the chip-equipment maker to hit its 2030 goal three years ahead of schedule, on a surge in sales linked to AI investments.
Hrithik Roshan's HRX grew from a fitness-inspired clothing label into a brand spanning apparel, footwear and more. Its partnership with Myntra, mass-market pricing and focus on product quality helped it scale, with reported revenue exceeding 1,500 crore.
Dynamic pricing's unacceptable in insurance, big payouts erode value: IRDAI chief Ajay Seth
IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiums even as regulator seeks to build consensus
Tata Motors bid for Italian truckmaker Iveco cleared the 80% acceptance threshold, with 87.81% of common shares tendered by the October 26 deadline. The deal, valued at about EUR 3.8 billion, would expand Tatas global commercial vehicle business.
Infosys draws four downgrades in a day on weaker annual sales outlook
Brokerages turn cautious as Infosys' reduced FY27 sales guidance raises concerns over demand recovery and AI-led disruption
The fund has reportedly secured 250-300 crore in commitments and plans to back 25-28 early-stage startups, with its first close targeted for January 2027
Regional rural banks to set up cybersecurity centres, develop threat intel
Regional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also develop capabilities for vulnerability assessments and incident response as part of the reform agenda. The Financial Stability and Development Council plans to enhance cyber security measures following previous ransomware attacks. New initiatives will include implementing enterprise data warehouse solutions for better data management and reporting.
Bhopal's Kachra Cafe lets residents exchange recyclable household waste for food, drinks and essentials. Led by Anjeeta Sabhlok with the municipal corporation, the initiative has reportedly sent more than 45 tonnes of waste for recycling in eight months.
NPPA slashes cancer drug MRPs by up to 93%; Thiotepa cut by 72,921
The drug pricing regulator has slashed retail prices of 543 formulations across 137 non-scheduled cancer medicines, with some cuts exceeding 90% under a trade margin rationalisation framework.
Nitin Gadkari said a road project opening next month could cut travel between Delhi and Haridwar to 90 minutes. He also highlighted faster journeys to religious destinations and warned that poor highway construction will bring penalties and blacklisting.
'Talked to RBI, forcible recovery from farmers should be stopped': Maharashtra CM
Maharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers. As drought conditions worsen, the state government will provide Rs 5,000 relief to farmers during Diwali. The government approved Rs 1.5 lakh crore for additional assistance while ensuring direct fund transfers to farmers. Deputy Chief Minister Eknath Shinde confirmed that multiple benefits would be offered to farmers declared under drought.
The government had relaxed FDI restrictions imposed under Press Note 3 for countries sharing land borders with India, such as China and Pakistan, through Press Note 2 in March.
The Noida Metro Rail Corporation will reduce peak-hour train intervals from 7 minutes 30 seconds to 6 minutes 35 seconds from November 1, 2026. The corporation is also considering extending late-night services, subject to operational feasibility.
Akshit Choudhary is a chartered accountant with more than 15 years of professional experience across banking, financial services, auditing, treasury and business operations. Choudhary will take over as CFO from Madhaw Chandra Jha with effect from November 1, 2026.
IRDAI to implement distribution reforms only after consensus: Ajay Seth
Speaking at the annual Business Standard BFSI Insights Summit, Ajay Seth said the regulator will work to expedite claims in case of health policies
India's GDP growth would have exceeded 8% but for recent global shocks: RBI Deputy Guv Poonam Gupta
Reserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that India has managed over 7 percent growth despite challenging circumstances in recent years. Additionally, Gupta expressed confidence that improved global conditions could enhance growth by another percentage point. She discussed the importance of diversifying economic activities to mitigate risks and emphasized that food security remains stable amid El Nino.
United Breweries Q2 profit jumps nearly 3x to 134.81 cr on volume growth
Beer maker United Breweries Ltd on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 134.81 crore in the September quarter, primarily driven by premiumisation, cost efficiency and volume growth. The Dutch multinational brewing company Heineken NV-controlled firm had posted a net profit of Rs 46.34 crore in the July-September period a year ago, according to a regulatory filing. UBL's revenue from operations increased 23.7 per cent year-on-year to Rs 4,623 crore in the September quarter of FY27, compared to Rs 3,737.31 crore in the corresponding period a year ago. Net Sales grew 24 per cent, driven by strong volume growth, structural price increases, premiumisation, favourable geographic mix and improvement in the company's operating mix, said UBL in its earnings statement. The company's Ebitda grew 108 per cent in the quarter under review, while the Ebitda margin improved by 480 basis points, driven by better operating efficiency and cost control, the ...
Allied Blenders Q2 Results: Profit rises 9.7% to Rs 69 crore, revenue up 6.8%
Allied Blenders and Distillers reported a net profit increase of 9.7% in the September quarter of FY27. The company's revenue from operations rose by 6.8% compared to the previous fiscal year. Total expenses for the quarter were recorded at Rs 1,946.3 crore, reflecting a 6.51% rise. Total income, including other income, increased by 6.74% at Rs 2,089.46 crore in Q2 FY27. The shares of ABD closed at Rs 692.
Indus Towers Q2 Results: Net profit slips 2.5% to Rs 1,793 crore
Indus Towers reported a 2.5% decline in consolidated net profit for the second quarter ended September 30. The company experienced a 4% increase in consolidated revenue, while EBITDA saw a slight rise of 0.4%. Tower and co-location bases grew by 5.6% and 5.9%, respectively, contributing to improved performance. Strong customer demand and cash generation were highlighted as key growth drivers.
Knack Packaging Q2 net profit rises 25% to 25 crore, revenue jumps 53%
Higher volumes and improved realisations supported quarterly growth, while rising polymer prices and freight costs put pressure on operating margins
SAIL Q2 Results: Net profit surges four-fold to Rs 1750 crore on higher revenue
Steel Authority of India Ltd announced a significant increase in consolidated net profit for the September quarter. The company reported a profit of Rs 1,750.47 crore, a substantial rise from the previous year. Revenue from operations also saw growth, reaching Rs 31,997.55 crore compared to Rs 26,704.17 crore last year. Total expenses rose modestly to Rs 29,913.65 crore from Rs 26,113.64 crore.
The TVS family succession dispute has moved toward litigation, with both camps filing caveats in multiple courts to prevent rulings without hearing their arguments. The dispute involves Venu Srinivasan, his wife Mallika and their children, amid unresolved questions over family wealth and ownership.
United Breweries Ltd experienced a nearly three-fold increase in net profit for the September quarter. The company's revenue from operations rose by 23.7 percent year-on-year, reflecting strong market performance. Premium volumes notably surged, particularly for Heineken Silver and Kingfisher Ultra, enhancing UBL's premium offerings. Total expenses also increased, but operating efficiency and cost control contributed to profitability expansion. UBL remains optimistic about future growth opportunities in the Indian beer market.
SBI Life Insurance Q2 Results: Net profit grows 11% YoY to Rs 549 crore
SBI Life Insurance recorded an 11 percent increase in net profit for the second quarter. The net profit reached Rs 549 crore compared to Rs 495 crore last year. Additionally, the companys net premium income grew by 8.17 percent to Rs 26,877 crore. This increase in profit and income highlights the companys strong financial performance in the current fiscal year. Shares of SBI Life closed at Rs 1,634.
Exports, EVs help Bajaj Autos Q2 profit surge amid rising costs, looming rural stress
Strong overseas demand and a favourable exchange rate lift quarterly earnings, even as the two-wheeler maker flags rural distress and weak demand for entry-level motorcycles.
Cipla maintains its US revenue projection of $1 billion, despite supply issues
The companys net profit for the three months ended September 30, 2026, stood at 878 crore, down 35 per cent, and revenue for the period under review was 7,404 crore, down from 7,589 crore in the same period last year
Labour, environment and safety violations account for 92% of compliance gaps: TeamLease RegTech
A nationwide audit has highlighted gaps in labour, workplace safety and administrative compliance, exposing businesses to potentially serious legal consequences
War in West Asia was a cloud over L&T. The company has come out shining
L&T reported 1.48 trillion in new orders during the quarter, over a fourth more than the same period last year, taking its consolidated orderbook to a record 8.5 trillionan impressive feat given that war-torn West Asis is its biggest market outside India.
L&T Q2 PAT rises 33% to 5,202 crore, revenue up 16%
L&Ts consolidated order book stood at 8,53,514 crore as of September 30, 2026, up 15% from March 2026. International orders accounted for 54% of the total order book, providing substantial revenue visibility.
Indias air passenger traffic falls 6.5% in September as higher fares hit demand
Domestic airlines carried 11.82 million passengers in September, the steepest year-on-year decline since the pandemic, as seasonal weakness and rising fuel costs added to pressure from higher fares.
Maruti Q2 profit declines 26% YoY, hit by global tensions, adverse forex movement
Total expenses during the July-September quarter surge to 50,619 crore
Tata Capital Q2 net profit rises 51% on higher income
Tata Capitals second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth. Assets under management increased 26% to Rs 3.08 lakh crore, while floating-rate lending adjustments and margin improvement remain key priorities.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentiment. Smallcaps surged over 2%, midcaps gained over 1%, and market breadth favoured bulls, with 2,455 NSE stocks advancing.
Bengalurus Kempegowda International Airport is trialling Digi Yatra for eligible passengers on select international departures. Trials are available on the Beta app, with a regular-app rollout planned for November 1, 2026.
Waaree Energies Q2 Results: Profit falls 15% YoY to Rs 719 crore, revenue rises 24%
Waaree Energies reported a 14.7% year-on-year profit decline to Rs 718.68 crore in Q2FY27, despite 23.9% revenue growth. Margin pressure persisted as the company acquired data centre subsidiaries, exploring diversification into AI and digital infrastructure.
JSW Infrastructures net profit down 12% in Q2 at 318 crore
EBITDA was up 11% at 674 crore and the company recorded net cash of 1,693 crore and gross debt of 7,292 crore
L&T Q2 profit grows 33% to 5,202 crore, sees record order intake
Net profit growth in second quarter FY 27 was led by 16% growth in operating revenue to 78,750 crore; lower finance costs, treasury income and efficiency in working capital also contributed to gains
The Punjab-based company explores air taxis, medical evacuations and cargo transport; the aircraft requires further testing and regulatory approvals before commercial operations.
AM Green bags long term contract from JERA to supply green ammonia in Japan
AM Green will supply around 70,000 tonnes of green ammonia annually over five years, with the potential to extend the term for additional supply.
SC bars creditors from withdrawing insolvency plan over improved finances
Under the Insolvency and Bankruptcy Code (IBC), neither the CoC nor the resolution applicant can withdraw the approved resolution merely by stating that certain developments have made the transaction less attractive, rules the SC.
PhonePe launches Tatkal NPS, lets users open pension accounts with 250
The new facility allows users to open government-backed NPS accounts digitally with contributions starting at Rs 250, using existing bank KYC details and one-time OTP authentication
AI bubble bursting or just letting out air? Neoclouds may offer clues
Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Despite high demand for AI computing capacity, rising credit costs impact the financial stability of these companies. Research firm Gartner anticipates that more than 80% of neocloud providers may cease independent operations by 2030. Tighter credit conditions could restrain excessive AI spending without affecting overall investment growth.
LatentView Analytics appoints Amith Patalay to lead Europe, UK and Ireland business
Based in Sweden, the industry veteran will focus on regional expansion, strategic client relationships and helping enterprises unlock greater value through AI
US Fed opens two-day meeting with markets expecting rate hold
Policymakers at the US Federal Reserve opened a two-day meeting Tuesday to set interest rates, with markets expecting them to hold steady days ahead of crucial midterm elections. On Tuesday, markets put the probability of rates being held steady at near 90 percent, as per CME's FedWatch tool. aha/mjf
JLR plots bigger India play with four EVs, Defender price cut of up to 34 lakh
The move reduces Defender prices by up to 34 lakh and creates scope for higher production at its Pune facility
Coke sees strong volume growth in Q3 CY26
The company said it is exploring a potential public listing of Hindustan Coca-Cola Holdings, the parent of Hindustan Coca-Cola Beverages
The company said it has to execute the order over a period of 12 months.
Microsoft offers voluntary buyouts to eligible employees in the US, the UK, Canada and India as it reshapes its workforce amid rising AI investments. Heres what the offer means, who qualifies, the reported severance benefits and how Indian employees, particularly H-1B holders, could be affected.
Maruti Q2 profit falls 27% on West Asia headwinds; sales surge 26.5%
Demand continued to outstrip supply, leaving the company with network inventory of about 17 days and pending bookings of approximately 265,000 units
India's diesel export boom set to ease global fuel shortages in 2027
New refining capacity will boost diesel supplies from India, helping ease global shortages as geopolitical conflicts disrupt fuel flows
Bajaj Auto profit rises 62% as export surge and EV momentum
Bajaj Autos consolidated net profit attributable to shareholders rose 61.9% year-on-year to 3,436.10 crore in the JulySeptember quarter, while revenue increased 59.7% to 25,125.56 crore
Yes Bank AT1 bondholders seek regulatory, govt intervention to enforce SC order
Yes Bank's AT-1 bondholders said many investors had relied on their retirement savings, including provident fund and gratuity, to purchase the bonds. Twelve members died during the court proceedings, according to its submissions.
Venu Srinivasan family members file cross-caveats
Mother and daughter reiterate amicable settlement
Advent International has successfully raised $30 billion, with $27 billion designated for its latest flagship fund. The new mid-market strategy has received over $3 billion in commitments since its launch in March. Advent plans to target equity investments between $100 million and $350 million in smaller companies across North America and Europe. Additionally, the firm has made significant investments in India, totaling over $5.6 billion across various sectors.
JLR bets on local assembly, EVs to defend India luxury car ranking
The Tata Motors-owned carmaker expects local assembly to cut Defender SUV prices by up to 20% as it seeks to narrow the gap with Mercedes-Benz and BMW in Indias luxury car market.
JSW Cement net down a tad, plans 1,078 crore capex
Revenue increased to 1,912 crore (1,436 crore)
India to remain top of the Asian pie for Advent
Advent International has successfully raised $30 billion for its global buyout and mid-market funds. The firm plans to invest significantly in India, expecting healthy GDP growth in the country. With recent investments including Yatharth Hospitals and Aditya Birla Housing Finance, Advent remains confident in the Indian market potential. The new fund is set to target various sectors including healthcare, technology services, and industrials.
RIL to announce Q2 results on October 30, board to also consider fundraising
Reliance Industries will announce its September-quarter results on October 30, alongside considering fundraising through non-convertible debentures. Investors will track performance across O2C, telecom, retail and energy businesses amid share price weakness and market uncertainty.
ACC net profit plunges 92% to 93 crore on higher cost, lower sales
Revenue from operations was down 5 per cent to 5,666 crore (5,969 crore)
An Amrit Bharat Express linking Bhuj, Gujarat, and Barauni, Bihar, is expected to begin running ahead of Diwali. PM Modi may flag it off during his Gujarat visit, though his official itinerary does not list the inauguration.
Reckitt says India business grew double-digit in September quarter
The consumer products major said that Harpic delivered double-digit growth in Q3 CY2026 supported by continued strength across emerging markets, including India
Risks spelled out for Anthropic investors include blowback from runaway AI
Risks spelled out for Anthropic investors include blowback from runaway AI
Aligned with industry body to delay BS-VII rules: Maruti Suzuki MD
Hisashi Takeuchi says the company can then discuss in detail with the government the impact of the new norms on the car market in the future
Coal India H1 capital expenditure surges 27% to 7,966-cr, exceeds target
The capex spend in the first half of the fiscal year surpassing the stipulated target of 7,286 crore for the period.
Amazon expects India EV fleet to cross 20,000 vehicles over next year
Amazon plans to expand its electric vehicle fleet from over 15,000 currently, while partnering with Tata Motors to deploy 3,000 electric trucks and boost charging infrastructure
GST officers told to split multi-yr tax notices, substantiate fraud claims
CBIC's new circulars seek greater clarity in GST notices and adjudication, while easing registration requirements, export payment rules and input tax credit distribution
Tredence Named as an Industry Leader in ISG Provider Lens Agentic AI Services
San Jose (California) [US]/ Bengaluru (Karnataka) [India], October 27: Tredence, a leading AI and data science company, has been recognized as a Leader in the inaugural 2026 ISG Provider Lens Agentic AI Services Specialists. This recognition underscores Tredence's continuous market leadership, robust agentic AI capabilities, and commitment to driving true business transformation and absolute value for its clients.
Banas Dairy to raise cattle-dung processing capacity by 51% to 515 tonne a day
The expansion precedes PM Modis Banaskantha visit on October 30; Banas Dairy currently processes 340 tonnes of dung daily across four plants
Tata Consumer flags inflation risks to demand
The company expects tea volumes to recover as winter sets in
Meghan Markle, the Duchess of Sussex, is set to return to Australia in 2027 to appear on Junior MasterChef Australia. Her upcoming television project comes amid renewed attention on her estranged father, Thomas Markle, following allegations involving child sexual abuse material that he has denied. No date has been set for production, which will take place at Melbourne Showgrounds.
'Muslim Brotherhood wants to install Sharia law': RFK Jr. goes on fiery rant against Abdul El-Sayed
Wabtec bags $94 mn Vande Bharat Sleeper deal, eyes India as export hub
Wabtec secures a $94 million Vande Bharat Sleeper deal with Indian Railways and plans to develop India as a global manufacturing and engineering hub for exports
North Carolina has employed sheep for vegetation management in solar farms to reduce mechanical maintenance. This strategy began as an experiment in 2016 and has expanded significantly since then. A study showed higher organic matter and soil health in grazed areas, though longer-term data is needed. Grazing costs can be competitive with mechanical methods over extended periods. The solar energy sector is growing, necessitating sustainable management solutions like sheep grazing.
L&T Q2 profit up 33% on healthy order inflow despite Iran war
Larsen & Toubro's (L&T) order inflows rose 28% to 1.48 lakh crore in July-September 2026 with international orders making up 63% of the total.
JSW Infrastructure Q2 Results: Net profit falls 11% to Rs 328 crore
JSW Infrastructure reported an 11 percent drop in consolidated net profit for the September quarter, with earnings falling to Rs 328.23 crore from Rs 368.81 crore the previous year. The company achieved total income of Rs 1,669.47 crore, while expenses rose to Rs 1,238.34 crore. Notably, cargo volumes from India operations grew by 8 percent year-on-year, reaching 29.4 million tonnes.
Sebi extends deadline for debenture trustees to comply with norms till April 2027
Sebi has extended the deadline for debenture trustees to comply with regulatory requirements by six months. The new deadline for compliance is now set for April 27, 2027. This extension was granted after receiving industry feedback about operational challenges faced by debenture trustees. The regulator is currently reviewing the regulatory framework related to debenture trustees through an Expert Working Group.
BIS ramps up food audits to check adulteration ahead of peak festival season
Demand for sweets, dairy products, edible oils, spices and other food items rises during the festive season, increasing the risk of adulteration and the circulation of products that do not meet prescribed quality standards.
Cipla Q2 net profit falls 35% to 878 cr as US business weighs on sales
Cipla's consolidated revenue declined 2.4% to Rs 7,404 crore in Q2 FY27 as its North America and API businesses weakened, while India revenue grew 12% to Rs 3,516 crore
Tata Capital Q2FY27 results: Net profit surges 51% to 1,660 crore
Tata Capital on Tuesday reported a 51 per cent growth in consolidated net profit to Rs 1,660 crore for the September quarter of FY27. The company had posted a net profit of Rs 1,097 crore in the July-September period of FY26. Net total income rose 24 per cent to Rs 4,676 crore during the September quarter of FY27, from Rs 3,774 crore in the corresponding period a year ago, the company said in a regulatory filing. Tata Capital Managing Director and CEO, Rajiv Sabharwal, said the company's loan book crossed Rs 3 trillion, underscoring the scale, diversification and resilience of our franchise. The non-bank lender's Assets Under Management (AUM) stood at Rs 3,08,030 crore, up 26 per cent year-on-year. Asset quality remained stable, reflecting our continued focus on portfolio quality, prudent underwriting and effective collections, Sabharwal said. In a separate exchange filing, Tata Capital said its board approved a proposal for the enhancement of the existing medium-term note ..
Telcos push for high-power use of 6 GHz Wi-Fi band
Reliance Jio, Bharti Airtel and Vodafone Idea have sought higher-power outdoor transmissions to expand broadband reach, but concerns over satellite interference remain unresolved.
Bengaluru-based Nova Spectral AI raised $2.25 million to develop short-wave infrared sensor chips in India. Using colloidal quantum dots, the startup aims to make sensors up to 100 times cheaper than conventional models, with a field-ready prototype planned within 18 months.
India must make its defence chips end-to-end, say scientists
At The Hindu Semiconductor Summit, V.K. Saraswat, A. Sivathanu Pillai and Deleep Nair warn that imported chips leave network-centric weapons vulnerable, and that waiting until 2030-35 for advanced nodes would be too late
India must make its defence chips end-to-end, say scientists
At The Hindu Semiconductor Summit, V.K. Saraswat, A. Sivathanu Pillai and Deleep Nair warn that imported chips leave network-centric weapons vulnerable, and that waiting until 2030-35 for advanced nodes would be too late
We dont need to panic today: Uday Kotak says India must prepare for $170 billion FCNR(B) repayment
The RBI introduced a special dollar-rupee swap facility on June 8 to attract foreign currency deposits, reinforce India's external buffers and support its balance of payments amid global uncertainty and pressure on the rupee.
Raymonds aerospace and defence business now brings in a fifth of its income, up from 14% a year ago
Raymond reported a significant increase in revenue from its aerospace and defence business, rising 72% to 139 crore. The company's overall income grew by 21% to 683 crore, indicating strong performance. Operating profit from the aerospace sector also rose to 29 crore with an impressive margin of 21%. Additionally, Raymond is investing in new plants to enhance production capacity and support future growth.
