27 C 
Anand Mahindra announced the successful creation of an engine patented by his grandfather J.C. Mahindra 108 years ago. The engine prototype was unveiled and started on Founders Day, six months after the patent's discovery. This discovery was made by Vaidehi Mayekar while organizing the company's archives and emphasized the company's engineering roots. The Mahindra Research Valley team interpreted the patent and created a working version of the engine.
IAF has grown into exceptional, network-centric force: Air Chief Marshal A P Singh
Air Chief Marshal A P Singh highlighted the Indian Air Force's operational capabilities at the 94th Air Force Day celebrations. The event included a ceremonial parade showcasing various IAF combat assets and aircraft. Singh emphasized the importance of air power in protecting national interests and saluted fallen air warriors. He expressed pride in serving as IAF chief and mentioned his upcoming retirement.
Manisha Koirala continues to prioritise fitness at 56, recently sharing a glimpse of her workout routine featuring yoga-based mobility exercises and strength training. From cat-cow and thread-the-needle stretches to dumbbell lunges and leg raises, her routine focuses on mobility, flexibility, balance and strength. The actor has also previously spoken about taking a more holistic approach to fitness and understanding how her body changes with age.
'They are paid by enemies of our nation': Trump interrupted repeatedly by protesters at Texas rally
ElevanLabs Mati Staniszewski: India Ticks All Boxes for Voice AI
Live | PM Modi inaugurates the 10th edition of the India Mobile Congress
Nana Patekar: Lights, camera, and a life lived beyond the silver screen
Veteran actor Nana Patekar passed away at the age of 75 after suffering a cardiac arrest. Attempts to revive him with CPR were unsuccessful, leading to his death at home in Goa. Known for his impactful performances, Patekar received multiple awards throughout his film career, including national honors. Beyond cinema, he engaged in significant social work, supporting farmers in Maharashtra through his foundation.
From Daayra to Assi, social message films lose their box office and streaming magic
Films with social messages have lost the box office appeal after the pandemic. Adult ratings hinder family viewership and OTT platforms are less inclined to acquire such films.
Nana Patekar funeral: Maharashtra has decided to accord veteran actor Nana Patekar a state-honours funeral following his death at 75 in Goa. Known for his work in Marathi theatre and both Marathi and Hindi cinema, Patekar also had a notable association with the Indian Army, including service during the 1999 Kargil conflict. Funeral arrangements and the last rites schedule are yet to be announced.
Q2 results today: TCS, Indian Bank, 4 others set to announce earnings
Tata Consultancy Services (TCS), Indian Bank, K R Rail Engineering, Lotus Chocolate, Onix Solar and Grand Oak Capital are scheduled to announce their Q2FY27 financial results today
6 SME IPOs to list today: EverestIMS, Dove Soft, Eventions among issues making debut
Six SME IPOs Omara Ventures India, Sollfege Smart Electronics, Eventions, SJP Ultrasonics, Dove Soft and EverestIMS Technologies will list on the stock market on October 8, having collectively raised around Rs 247 crore. Five will debut on the BSE SME platform and Eventions on NSE SME. EverestIMS Technologies led investor demand with 294.22 times subscription.
Vishal Nirmiti shares to list today; check GMP ahead of debut
Vishal Nirmiti shares are set to debut on the NSE and BSE on October 8, with a 1% grey market premium indicating a largely flat listing. Vishal Nirmiti IPO was subscribed 1.79 times. The company reported 6% FY26 growth in revenue and profit, supported by construction and infrastructure operations.
Amazon cuts around 1,000 jobs; India retail employees among those hit
Amazon has cut nearly 1,000 white-collar jobs, affecting employees in India, the US and the UK. The layoffs mainly impact its Stores unit as the company expands its focus on AI
Tata Steels sales down marginally in Q2
Sales in India were up 8% at 5.97 mt (5.55 mt) while in Netherlands and UK it fell to 1.30 mt (1.54 mt) and 0.38 mt (0.57 mt); Tata Steel Thailand also registered a dip in sales at 0.31 mt (0.36 mt)
ITC among 4 F&O stocks with sharp rise in futures open interest
Four NSE F&O stocks, including ITC and Anand Rathi Wealth, witnessed over 7% gain in futures open interest on October 7, according to StockEdge data. The surge signals fresh position building and increased trader activity across these derivatives contracts during the trading session.
Apparel makers seek cheaper labour, subsidies in Indias newer hubs
Indias apparel makers are moving east, chasing cheaper labour, better worker availability and state incentives. Can Odisha, Bihar, Jharkhand and Madhya Pradesh emerge as the countrys next garment hubs?
Rainbow Children's Medicare among 3 stocks that closed above VWAP
Three Nifty 500 stocks, including Rainbow Children's Medicare, closed above their Volume Weighted Average Price on October 7, according to StockEdge technical data. The movement highlights strong intraday buying momentum, as closing prices outperformed average trading prices weighted by volume across the session.
PTC Industries among 3 stocks showing White Marubozu pattern
The pattern is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow.
TCS Q2 Results LIVE: Analysts see margin expansion despite modest growth, shares in focus
TCS Q2 results today live updates, Q2FY27 live updates: businessline brings to you the latest Q2 results 2026 updates on our live, scroll down for more
Chennai Petroleum Corporation among 3 stocks showing RSI Trending Up
An uptrend signal occurs when the RSI value crosses above 50 from below.
Dr Reddys Share Price Live Updates: Dr. Reddy's Shares Slide Under 20-Day EMA
Adani Enterprises shares in focus as company gets CARE Ratings upgrade to AA; Stable
CARE Ratings also reaffirmed the company's short-term rating at CARE A1+. Adani Enterprises said the upgrade serves as an independent validation of AELs disciplined capital management and tight fiscal prudence.
Divis Labs Share Price Live Updates: Divis Labs Weekly Performance Highlights
The company's board approved the terms of the rights issue at its meeting held on Wednesday, October 7, following the in-principle approvals received from BSE and NSE on October 6.
Tech Mahindra Share Price Live Updates: Tech Mahindra Experiences Positive Price Breakout
Eicher Motors Share Price Live Updates: Eicher Motors Experiences Weekly Decline
TCS Q2 results: Ready for the big move? Here's how to trade the IT stock on results day
According to the average of seven brokerages, TCS revenue is expected to grow around 13% year-on-year, while profit is likely to rise about 9%. On a sequential basis, constant-currency revenue growth is expected at around 0.5-0.6%.
Wipro Share Price Live Updates: Wipro's 3-Month Market Performance
ICICI Bank Share Price Live Updates: ICICI Bank's Price Movement Below 20-Day SMA
TCS Share Price Live Updates: TCS Surpasses Key Resistance Level
Nityas Gems & Jewellery shares to list today; check GMP ahead of debut
The Nityas Gems & Jewellery IPO comprised a fresh issue of 1.45 crore shares aggregating to Rs 108.35 crore. The company had fixed the price band at Rs 70-75 per share.
Elon Musk loses $21 billion after SpaceX stock falls: Is he still a trillionaire?
Elon Musk's net worth dropped by over $21 billion to $1.03 trillion after SpaceX shares fell 2%. He remains the world's richest person. SpaceX is seeking to raise $40 billion for AI chip purchases amid rising credit risks, with a potential deal led by Apollo expected to close in 2027.
Negative Breakout: These 6 stocks cross below their 200 DMAs
The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.
'Great discredit to them': Trump renews push for Nobel Peace Prize, says he saved millions of lives
Iranian official says 'illegal routes' in Strait of Hormuz to soon be blocked
Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facilitate oil smuggling operations and affect regional oil exports. Iranian officials maintain that the Islamic Republic has full control over this vital waterway. The situation will persist until Iran's demands are met, according to military advisers.
US puts military in ready mode for possible new strikes on Iran: Report
Trump has instructed the Pentagon to prepare for possible military strikes against Iran, but no final decision has been made. The US military is focusing on possible targets in Iranian infrastructure and nuclear capabilities. Discussions about the situation are ongoing with Israeli officials, emphasizing the potential for renewed combat operations. Timeframe for operations may be influenced by upcoming elections in both the US and Israel.
Sebi unveils six-tier credit risk-o-meter for debt securities
The Securities and Exchange Board of India is introducing a mandatory colour coded credit risk-o-meter for debt securities. This new meter categorizes credit risk into six color-coded levels, indicating risk levels accurately. Issuers and online bond platforms will need to adopt these disclosures in their documentation. The measures aim to improve transparency in the investment process for potential investors.
PCBL Chemical rises 25% on supply, export and earnings hopes
PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects and a recovery in earnings. It has shifted some export volumes to the domestic market for better pricing. Management anticipates cost savings from various optimizations and a significant increase in Ebitda. Analysts have upgraded the stock rating, reflecting optimism about future market performance.
FPIs sell Rs 21,745 crore in second half of Sep, in oil & gas, auto & financials
Foreign portfolio investors experienced a significant increase in selling Indian equities during the latter half of September. Financial stocks led the sell-off, with the highest outflows totaling around
India's battery energy storage push hits a viability wall
Data from the India Energy Storage Alliance (IESA), an industry body of battery makers, shows a total of 24 gigawatt hour BESS projects were cancelled or re-tendered during 2018-2026, highlighting the challenges in transitioning to green power.
Lava, Optiemus among firms eyeing smartphone brand incentives
Companies said to be seeking Meitys incentives include electronics manufacturers Dixon Technologies and Optiemus Infracom, and electronics brands Lava, Mivi, Boltt and CMF.
D-St braces for weak opening on negative GIFT Nifty cues
On Wednesday, the Nifty fell by 0.8% to 22,603 due to weak global cues and RBI's policy changes. Concurrently, the India VIX increased by 2% as market fears grew. Foreign portfolio investors sold shares worth Rs 6,121 crore while domestic investors purchased shares amounting to Rs 4,596 crore. The rupee weakened to 96.43 against the US dollar amid foreign capital outflows.
Stocks in news: TCS, Adani Enterprises, Ola Electric, HCL Tech, Tata Power and Varun Beverages
Indian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resistance at the 22,800 level. Key corporate developments regarding Adani Enterprises, Tata Consultancy Services, Ola Electric, and HCL Tech will be in focus. Other companies like Jubilant FoodWorks and Bank of Baroda also reported significant updates.
Best online deals to have short life as brands battle surging input costs
During this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the first few days. However, as rising input costs and inflation exert pressure, companies are anticipated to swiftly pull back on deeper discounts. While popular items such as smartphones, televisions, and laptops will see comparatively moderate price reductions this season, the availability and duration of these discounts will be affected by limited stock.
Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms
Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billions of dollars of debt that comes due over the next few years, according to people familiar with the matter.
Anglo-Teck merger, nickel sale are test cases for navigating geopolitical complexities, CEO says
TECK RESOURCES-M
Foreign workers building US consulate in Milan sign compensation deals over alleged abuses
Foreign workers building US consulate in Milan sign compensation deals over alleged abuses
Elon Musk alleges oligarch interference inStarlinksIndia launch
Mr. Musk made the allegation hours after Lauren Dreyer, a SpaceX executive, said she hoped that the service would be operational in India by next year
Ahmedabad (Gujarat) [India], October 7: The Ahmedabad-based programme combines traditional Jyotish principles with structured prediction methodology, research orientation, practical application and career-focused learning through online and offline education.
RBI rate hike: Your home loan EMI just went up
Ericsson bets on localisation to deepen its India footprint; eyes country as manufacturing hub
Ericsson is working with the Indian government to encourage component suppliers to establish manufacturing bases in the country, CEO Andres Vicente told ET. The telecom equipment maker is also expanding exports, design capabilities and R&D in India, while developing technology to make satellites compatible directly with handsets and other devices.
HSBC Layoffs: Bank to cut half of UK wealth management jobs as AI use expands
The proposed restructuring could see HSBC eliminate around half of its management and specialist positions in the UK wealth division, while the number of financial advisers could fall by nearly 70%, the report said
Porsche plans to cut about 9,000 jobs by 2030, reducing its workforce by 25% to 30% amid declining sales in China and a shift in its electric vehicle strategy, aiming for higher profit margins through fewer but more expensive vehicles.
NBFC services to banks will attract 18% GST
The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the bank in the co-lending arrangement. The committee also decided to align the valuation of the NBFC's service with the methodology prescribed by the Reserve Bank of India.
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework
According to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile encrypted banking data for future quantum decryption. The finance ministry has also asked banks to assess post-quantum vulnerabilities and initiate mitigation measures, said an official, who did not wish to be identified. Each bank can prepare its internal strategy, but there has to be some common industry parameters, he added.
'Political dynamics in South Korea': Vance explains uncertainty over Trumps $54B Alaska LNG project
Sunny Deol will reprise his role as Arjun Mehra in the upcoming sequel 'Ikka 2'. Akshaye Khanna will not return, indicating a significant change in the franchise. The sequel will focus on a new storyline rather than continuing the first film's plot. Production is expected to start next year after finalizing the screenplay and theme. Both actors have busy schedules with several upcoming projects on the horizon.
KTR hits out at Rahul Gandhi over arrest of BRS leader; calls him 'coward,' 'undemocratic'
K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to allegations concerning Reddy.
Starlink India launch row: Elon Musk says delay is a crime against the people in X post
Elon Musk gave his views over Starlink's delays in entering the Indian market, alleging obstruction by oligarchs to maintain 'monopolies'. Despite recent regulatory approvals, the company still awaits final clearance from the Department of Telecommunications to begin operations.
New RBI data reveals a recast of India's overnight money market numbers
During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public sector banks boosted their position in the collateralised overnight money market. Notably, mutual funds maintained a strong presence in the tri-party repo market.
Airtel hikes postpaid tariffs after over two years, sets the tone for peers
Airtels move comes just weeks ahead of the expected initial public offering (IPO) of Jio Platforms, the parent of Reliance Jio, the market leader by subscribers.
GCCs under pressure: Why some India centers are cutting jobs or closing
Restructuring, global cost-cutting account for an estimated 5060% of layoffs in Indias GCCs as millions stuck in repeateable roles
Flipkart expects strong festive season, says early demand signals point to 1.8-2X unit growth
Gen Z accounts for 44-45% of customers; firm adds 750 PIN codes and positions Minutes as a fulfilment channel
The report noted that as consumers are increasingly trading up rather than simply consuming more
Quick commerce to hit $90 billion by FY2031, but growth will need more than speed
Google-Redseer report says festive sales may rise 110% y-o-y, with growth hinging on larger grocery baskets and non-metro trust
Tata Power ties up with Norwegian company for membrane-based floating solar
Tata Power and Ocean Sun will undertake a ~300 kWp floating solar pilot at Tata Powers Mulshi reservoir in Maharashtra to evaluate the technology under Indian conditions
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBIs rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious.
Dario Amodei earned $18 million as Anthropic CEO in 2025; how much did other AI leaders take home?
Dario Amodei, CEO of Anthropic, earned $18 million in 2025, ranking him among major tech executives. His compensation primarily comes from stock, not salary. Both he and his sister Daniela had their salaries doubled to $1.4 million, with significant earnings linked to stock options.
Market Trading Guide: Kotak Mahindra Bank among 5 stock recommendations for Thursday
Analysts recommend five stocksBlack Box, Deep Industries, MRPL, Leela Palaces and Kotak Mahindra Bankfor medium-term gains after the RBI shifted to calibrated tightening. Technical setups show breakouts, bullish momentum and strong support, while investors await September-quarter earnings and management commentary.
CARE upgrades Adani Enterprises to AA, retains stable outlook
CARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhanced financial adaptability, attributed to recent capital influx and subsidiary stake divestitures. With profit growth likely, supported by a resurgence at Kutch Copper Limited and continued airport operations, coupled with the promoter family's substantial holdings, Adani's strategic significance is reinforced.
India may provide cheapest AI access to every citizen in 5-7 yrs: Jio exec
India could emerge as a global AI-agent exporter by cutting inference costs and making AI more affordable and accessible domestically
RBI says NBFC ban on revolving credit is a clarification, not a new rule
In a draft circular released on 6 August, the central bank proposed limiting NBFC lending strictly to term loans.
Apparel industry eyeing strong growth this festival season despite inflationary pressures
For organised apparel players, festival season is critical, accounting for 35-40 per cent of their annual sales
Paramount Skydance Corp. closed its $110 billion acquisition of Warner Bros. Discovery Inc. on Tuesday, completing one of the biggest media mergers of all time.
India has a 1% GDP opportunity. Its hiding in plain sight
India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.
Kenso Soai and Henri B. Kagan won the 2026 Nobel Prize in Chemistry for discoveries involving non-linear effects and autocatalysis. Heres what the Soai reaction is, how a tiny molecular imbalance can be amplified, and why the breakthrough matters for chemistry and the mystery of homochirality.
RBI brings new rule for banks to measure risks from derivatives, other such dealings
The Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable derivative exposure or international presence will come under this rule. Lenders below this threshold can choose alternative risk measurement methods.
The plea highlights a systemic and nationwide failure of non-implementation of accessibility across all stages of air travel, including booking, web-check-in, airport entry and navigation, counter check-in, security screening, Digi Yatra processing, immigration, boarding, in-flight services, and arrival assistance
Ola Electric board approves rights issue at 26 pc discount; shareholders to pay in two calls
Ola Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 crore. Investors will pay 60% of this amount upfront, with the remainder due later. Chairman Bhavish Aggarwal intends to fully subscribe to his portion, using a pledged stake. This funding could ease debt burdens and assist the company in achieving cash breakeven.
India's wind power capacity may cross 250 Gw by 2035: Suzlon's Girish Tanti
Suzlon's Girish Tanti expects rising demand to prompt a higher wind capacity target, with the sector on track for 100 GW by 2030 and grid bottlenecks likely to ease
Nandini milk prices: The prices of Nandini Milk are expected to rise by Rs 8 per litre, pending Election Commission clearance. This hike will mark the fifth increase since November 2022 and aims to support milk producers facing challenges. The government plans to implement the new prices by November 1, contingent on approval. Of the increase, Rs 6 will benefit milk producers while Rs 2 will go to milk unions.
We have to build our own trust: Geetanjali Kirloskar on Vikrams legacy and the Toyota bond
Toyotas three-decade partnership with the Kirloskar family is moving into its next generation, with Geetanjali Kirloskar saying the relationship is being strengthened through fresh trust, shared values and a more entrepreneurial approach as Manasi Kirloskar takes on a larger role.
GabrielForvia 100-crore JV targets 10% share as India seating market heads to 4 billion
Gabriel India is making a major push beyond suspension systems into automotive seating, partnering with global supplier Forvia as rising vehicle premiumisation and EV adoption increase the value of seating content in Indian cars.
Adani Enterprises gets rating upgrade from CARE Ratings to AA; Stable; shares up 21% in 2026
Adani Enterprises secured its highest-ever credit rating after CARE Ratings upgraded its long-term rating to CARE AA; Stable from CARE AA-; Stable. The agency cited stronger financial flexibility following a Rs 15,000 crore QIP and Adani Airports stake sale.
IATA asks airlines to negotiate Mumbai slot cuts, seek longer transition period
Adani Airport, which operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, had proposed temporarily discontinuing 265 of 770 weekly international departure slots from T2 of the airport from 25 October as part of the transition of international operations to Navi Mumbai.
RBI turns hawkish on inflation, but rate hikes could test growth momentum
The RBI's rate path from here on remains data dependent beyond December 2026. However, the bar for a December pause is much higher now.
School holiday news: On October 8, 2026, most schools across India are set to operate normally and hold classes. Local disruptions, particularly due to weather, may lead to specific closures in certain areas. Parents are encouraged to verify school schedules and follow district notifications closely. Schools in states like Delhi, Uttar Pradesh, and West Bengal are expected to remain operational.
