33 C 
CAFE-III norms clear pathways for the industry to offer multiple choices to consumers: Auto veterans
The farm sector also welcomed the development, saying the recognition of ethanol-based mobility will help reduce dependence on fossil fuel
BikeWo, Moonrider tie up to explore electric tractor deployment
The partnership brings together Moonriders electric tractor technology and product capabilities with BikeWos growing capabilities in fleet deployment, leasing, operations and institutional customer development
Diwali stock picks: Urban Company among 5 stock ideas from Ambareesh Baliga for up to 38% upside
Baliga has set a target price of Rs 3,420 for Endurance Technologies, compared with its current market price of Rs 2,688, implying an upside of nearly 27%.
Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups
Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals.
Vedanta raises 2,000 crore through issuance of non-convertible debentures
Vedanta Ltd on Wednesday said that it has raised Rs 2,000 crore crore through issuance of non-convertible debentures on a private placement basis. The fundraise is aimed at diversifying the company's funding mix and bolstering its balance sheet as it refinances existing debt. The company said in a regulatory filing that the non-convertible debentures(NCDs) will be unsecured, redeemable, rated and listed, with each debenture having a face value of Rs 1 lakh each. The duly constituted committee of directors of the company has approved the allotment of 2,00,000 ...denominated unsecured, redeemable, rated, listed non-convertible debentures of face value of Rs 1,00,000 each, aggregating to Rs 20,00,00,00,000 (Debentures) on a private placement basis, the filing said. NCDs are fixed-term, fixed-income corporate debt instruments that raise capital without offering equity conversion options upon maturity. The company's net debt stood at Rs 8,299 crore as on June 30, 2026, Vedanta had ...
Why the Mistrys want to unlock their family silver from Tata Sons
The SP groups Mistrys own 18.37% of the Tata group holding company, a fortune that has been difficult to monetise. Now debt, family history and a contentious listing have put that prized stake at the centre of a reckoning.
Coca-Cola mulls filing draft papers for $1 billion India IPO in December
Coca-Cola Co. plans to submit a draft prospectus by December for the anticipated IPO of Hindustan Coca-Cola Beverages Pvt. This offering, projected to garner about $1 billion, is expected to attract existing investors. With a valuation close to $10 billion, the deal highlights India's thriving investment landscape. The company has teamed up with various banks to streamline the process, riding the wave of recent IPO successes in the region.
Coca-Cola considering December filing for India bottling unit's $1 bn IPO
The Atlanta-based drinks giant has also added Axis Capital Ltd. and IIFL Capital Services Ltd. to the roster of banks working on the Hindustan Coca-Cola Beverages Pvt deal
Food companies turn to lawyers as FSSAI scrutiny reaches boardrooms
India's food regulator has intensified enforcement, leading packaged-food companies to seek legal advice on compliance issues. Scrutiny now involves senior management as concerns about reputational risks rise.
ED arrests Vatika Group promoters in 154 crore money laundering case
Vatika Group's Chairman and MD Anil Bhalla and promoter Gautam Bhalla were arrested on Tuesday under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002
MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unit
MRPL shares fell over 5% after an explosion was reported at its Mangaluru refinery, with thick smoke seen emerging from the facility. Fire brigades and ambulances rushed to the site, while the cause remained unknown.
L&T Transportation Infra vertical secures 3,500 cr contracts in Dubai
The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028
14 smallcap stocks defy market selloff, rally up to 105% in 3 month
While the Nifty 50 fell nearly 5% in three months, several small-cap stocks bucked the trend. Fourteen Nifty Smallcap 500 stocks rallied 50-105%, led by Raymond and Welspun Corp.
Re-rating on cards for HAL shares as Tejas Mk1A aircraft deliveries near: Jefferies
Tejas Mk1A accounts for 43% of HALs order book and could emerge as a key re-rating trigger as deliveries gain visibility, Jefferies said. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, ahead of Jefferies earlier estimate of five. The brokerage retained its Buy rating with a Rs 6,800 target.
DoorDash opens first India office in Hyderabad, plans 3,000-plus jobsv
The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations
Sebi Chairman Tuhin Kanta Pandey said the regulator is not currently considering self-listing or self-trading of exchange shares, days after NSE CEO Ashish Kumar Chauhan suggested exploring the possibility. Pandey said no Sebi panel is discussing the proposal at present, while Chauhan had cited conflict-of-interest concerns but said the idea could be revisited as the market ecosystem matures.
Mint Explainer | Five-day banking week: How does India compare with the world?
The IBA has set up a committee to examine the long-pending demand to make Saturdays holidays for bank employees. Heres how Indias current banking week works, what could change and how it compares with other countries.
FSSAI suspends Seven Seas Hospitality licence over safety violations
Fungal growth on food materials, presence of insects, poor hygiene, filth and odour were observed during the inspection, according to the regulator
India revives E100 push with Toyota Innova launch in October as feedstock concerns grow
100% ethanol Innova expected in October as industry looks to maize, rice and farm waste to support the next phase beyond E20
Uruguay taps India's Rites to rebuild rail network, connect industries with ports
Rites will present a plan for the proposed revival and expansion of Uruguays rail network, which has a track length of about 500 km.
Nifty shorts hit a six-month high in worst September F&O series in 25 years. Time for extra caution?
Niftys September derivatives series was the worst in 25 years, with the index falling 6.7% as foreign investors sharply increased bearish bets. FII index shorts hit a six-month high, while stock-futures exposure remained net long. With Nifty near key long-term support and market breadth weakening, analysts advise caution.
Sebi Chairman Tuhin Kanta Pandey said Indian markets remain resilient despite once-in-a-decade global headwinds, including elevated oil prices and bond yields, citing the countrys strong macroeconomic foundation.
JSW Cement to merge with Shiva Cement, board approves 5:41 swap ratio
JSW Cement Ltd, part of Sajjan Jindal-led JSW Group, will merge with its listed subsidiary Shiva Cement, a move that will create a single unified cement platform and unlock operational, financial and management synergies. The board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the company said in a late-night filing on Tuesday. As per the scheme, JSW Cement will issue 5 equity shares of face value Rs 10 for every 41 equity shares of face value Rs 2 held in Shiva Cement to the shareholders of Shiva Cement. The scheme is subject to receipt of requisite approvals from the stock exchanges, SEBI, the National Company Law Tribunal (NCLT), Odisha Industrial Infrastructure Development Corporation, other statutory and regulatory authorities, including shareholders and creditors. The transaction is expected to be completed within 1214 months, subject to timely receipt of regulatory approvals, it said. The compa
AAP not part of INDIA bloc, won't attend meeting on issues concerning EC: Sanjay Singh
AAP MP Sanjay Singh said on Wednesday that the party will not attend the INDIA bloc meeting on Election Commission-related issues, reiterating that AAP is no longer part of the opposition alliance. Singh said the party supports the impeachment motion against Chief Election Commissioner Gyanesh Kumar and raised allegations concerning the Special Intensive Revision (SIR), voter deletions and changes to electoral roll procedures.
San Mateo (California) [US], September 30: Yellow.ai today announced the launch of Nexus EDGE, an agentic desktop application that brings the company's Nexus Universal Agentic Interface directly to the employee's computer. Unlike enterprise search tools and assistants that find an answer and hand the work back to the employee, Nexus EDGE resolves IT, HR, and Operations issues itself - on the actual machine, in real time, and strictly within the role-based permissions the employee already holds. Deployed to every employee's computer, Nexus EDGE sees the problem on the device, understands it against the company's knowledge and systems, and fixes it on the spot - all within the user's existing permissions.
As the last US troops exit Iraq, Kurdish fears rise and militias celebrate
The last US troops are scheduled to depart Iraq under a 2024 agreement between Baghdad and Washington. This withdrawal is celebrated by Iran-backed groups but raises concerns among others, particularly in the Kurdish region. The Kurdish government fears increased vulnerability after the removal of US air defense systems. Iran-aligned militias have celebrated the end of US military presence, claiming it signals full sovereignty for Iraq.
Axiscades Technologies rises 5% as Sunil Singhania's Abakkus buys 3.03% stake
Axiscades Technologies shares rose on Wednesday after Abakkus Asset Manager bought a 3.03% stake for around Rs 235 crore through a block deal. Kotak Mahindra Mutual Fund also picked up a 4.89% stake. Promoter Jupiter Capital sold a 10.69% stake for Rs 829.72 crore in the transaction.
Tata Sons merger proposal faces questions from Tata Trusts trustees: Report
Trustees of Tata Trusts are questioning a proposed merger involving Tata Sons that could prevent a public listing. They claim no board resolution has approved the merger, and the Sir Ratan Tata Trust is barred from meetings by the Charity Commissioner amid regulatory concerns.
JSW Cement to merge with listed arm Shiva Cement; board approves 5:41 swap ratio
JSW Cement has decided to merge with its subsidiary Shiva Cement to form a unified cement platform. This merger aims to unlock operational and financial synergies, enhancing backward integration and reducing external procurement. Additionally, it is expected to streamline the corporate structure and improve management efficiency while eliminating inter-company guarantees.
FSSAI suspends Seven Seas Hospitality licence over food safety violations
FSSAI said it had suspended the licence of Seven Seas Hospitality after finding 'serious non-compliances' during an inspection of its food premises
Infosys' nearly 1 lakh employees to move into specialist roles as AI reshapes tech industry
Infosys plans to move up to one-third of its workforce into specialised roles and build a 6,000-member team of frontier engineers as AI reshapes the IT industry. The move comes as Indian IT firms face pressure on hiring, headcount-based pricing and traditional business models.
Price hikes test consumer durables makers ability to protect festive demand
No-cost EMIs, cashback offers, exchange schemes, bundled accessories and extended warranties are helping cushion consumers from the impact of higher prices. Financing allows manufacturers and retailers to make a higher-priced product affordable without permanently resetting the list price.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may be excessive, presenting an opportunity to pick up quality stocks at lower prices. The forthcoming Monetary Policy Committee meeting will clarify the scope of any rate changes. Although there are immediate margin concerns, the overall asset quality in the banking sector remains stable.
3X credits for range-extender EVs, ethanol benefits for hybrids: CAFE-III expands compliance options
The Ministrys notification assigns a volume multiplier of 3.0 to battery-electric vehicles and range-extended electric vehicles, 2.5 to plug-in hybrids and flex-fuel strong hybrids, 1.6 to conventional strong hybrids, and 1.1 to flex-fuel ethanol vehicles
Train travel rules change from October 1: Who must carry original ID and what can get you fined
The officials said that the drive will specifically scrutinise tickets booked under concessional fares, those subject to fixed reservation quotas, and those linked to railway passes.
As brands demand more ads, Omnicom turns India into a content factory
As AI speeds up and lowers the cost of ad production, Omnicom Production is moving more global work to India, where its teams are scaling content across multiple markets and platforms.
The Journey of a Promise: Ashar Group Celebrates 25 Years of Building with Purpose
Mumbai (Maharashtra) [India], September 30: Ashar Group, a leading real estate developer in the Mumbai Metropolitan Region (MMR), marks its 25th anniversary with the launch of 'The Journey of a Promise' a brand film that celebrates not just what the company has built, but the efforts of thousands of people who have helped build it.
Inox Clean Energy has filed for a Rs 10,000-crore IPO, comprising a fresh issue of up to Rs 8,000 crore and an OFS of up to Rs 2,000 crore, as it expands its renewable power and solar manufacturing business.
STL Networks shares jump 5% after emerging as L1 bidder for RailTel contract worth Rs 250 crore
STL Networks shares rose 5% after emerging as the lowest bidder for a Rs 249.8 crore RailTel contract to deploy cloud infrastructure at data centre and disaster recovery sites. The company is also planning a wholly owned subsidiary focused on data centres and connectivity. Its stock has gained sharply in recent months.
Bollywood loves remakes, but not the legal loopholes around them
The Hera Pheri 3 dispute highlights the complexity of licensed movie rights, where multiple producers, financiers and agreements can complicate ownership of sequels, remakes and adaptations.
Avalon Tech shares fall 6% after Rs 883 crore block deal; 3 promoter entities likely sellers
Avalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the companys equity. Three promoter entities were reported to be the likely sellers. The transaction is estimated to be worth between Rs 861.9 crore and Rs 922 crore.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.
EDT raises $2.4 million in funding round led by existing investors
The brand will use the capital to build inventory ahead of the festive season, launch new products, and strengthen its growth, supply chain, brand and product teams
T-Hub launches venture studio to groom startups
T-Hub will support founders with its network of mentors and resource partners
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesdays close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980.
2% CSR mandate may incentivise spending over impact, says Nithin Kamath
Kamath suggests a higher corporate tax rate instead would allow the government to allocate resources more evenly
Inox Clean Energy files DRHP for Rs 10,000 crore IPO. Check details
Inox Clean Energy has filed its DRHP for a Rs 10,000 crore IPO with Sebi. The issue includes a Rs 8,000 crore fresh share sale and Rs 2,000 crore OFS. The company has a 9.29 GW renewable power portfolio and 6 GW solar module manufacturing capacity across India and the US.
Disney laying off several hundred employees, Variety reports
Cuts span HR and IT; firm employed about 231,000 as of fiscal 2025 year-end
Here are 10 small-cap stocks that could see the sharpest inflows and outflows.
Maruti Suzuki's Production Director resigns; new head appointed
Maruti Suzuki board appoints Sarada Prasana Nayak as Head of Production and Production Engineering, with effect from October 1
GA-Renova Hospitals may lead race to buy American Oncology Institute
A consortium of General Atlantic and Renova Hospitals is nearing a deal to acquire Siemens Healthineers Indian cancer-care network, potentially valuing American Oncology Institute at 1,200-1,500 crore.
Astana International Financial Centre explores to partner with India's GIFT City
Astana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnership aims to enhance financial services and investment opportunities between Kazakhstan and India. AIFC has established itself as a leading financial hub in Central Asia since its launch in 2018. Initiatives from AIFC include developments in sustainable finance and digital assets.
Tube Investments to invest 250 crore in TI Clean Mobility
TII and TICMPL have entered into a subscription agreement for the issue of 2.5 crore Series C CCPS, with a face value of 100 each
Power Mech Projects shares rise 4% after company secures Rs 549 crore order from Adani Group firm
Power Mech Projects shares gained after securing a Rs 549.37-crore O&M order from Moxie Power Generation for its 2x600 MW Tuticorin thermal power plant, with the contract spanning five years.
Indian shares traded mixed as easing oil prices supported sentiment, while surging US bond yields kept investors cautious. Sensex gained around 130 points, while Nifty slipped below 22,700 amid weak global cues.
Cupid shares rally 16% in two sessions. Whats behind the sharp uptick in the multibagger stock?
Cupid shares surged 7% after entering the Nifty Smallcap 250 index, extending gains to 16% in two sessions. The company has raised FY27 revenue and profit guidance following strong quarterly growth. Nuvama estimates around $10 million in potential inflows, while Cupid targets continued expansion across healthcare exports and consumer businesses.
The leadership shakeup after the $110 billion merger follows the departure of Paramount Skydance streaming chief Cindy Holland.
Nifty nears longest losing streak in 25 years. Can bulls stop the 8th consecutive weekly selloff?
Indian equities face continued pressure from global uncertainty, crude prices and foreign investor outflows, but analysts see domestic resilience and moderating valuations providing support. The Nifty has become relatively cheaper after its recent correction, with earnings still growing. However, the near-term outlook hinges on the index holding 22,600 and attracting sustained buying to prevent an eighth consecutive weekly decline.
OpenAI is seeking $30 billion in fresh funding at a valuation of about $1.4 trillion as it delays its IPO plans. The move comes amid growing competition with Anthropic and increasing scrutiny over AI safety risks.
According to Tata Trusts, the structure restores an operating model for TSPL, generating direct business revenues alongside its holding role
Record quarter primes India IPO market for blockbuster year
Indias IPO market is on track for another strong year after raising over $13 billion so far, including a record $9 billion in the third quarter. Large deals and strong domestic demand support the pipeline, with numerous companies awaiting approvals. However, market volatility, investor selectivity and valuations could influence upcoming issuance and timing.
Mint Explainer | Why the CCPA fined e-commerce portals for selling agro-products
The Central Consumer Protection Authority said the law expressly requires verification before a regulated product is sold online.
LTM among 3 stocks that closed below VWAP
LTM, ABB India and Kaynes Technology India closed more than 2.5% below their respective VWAPs on September 29.
5 SME IPOs to list today: Liqvd Digital, Unitec Fibres among most subscribed issues
On September 30, investors will witness the debut of five small and medium-sized enterprise IPOs, including Coreintegra Consulting and Pooja Logistics. Among these, Liqvd Digital stands out with an impressive subscription rate of 5.08 times. Coreintegra and Pooja also performed well, with subscriptions of 1.40 times and 3.11 times, respectively, while S.K. Offset and Unitec Fibres showed lower but notable interest.
Foreign outflows from Indian stocks hit 6-month high in September on higher oil, yields
Foreign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawal in the past six months. This trend has been driven by escalating oil prices and a tightening of global monetary policies. The rise in crude prices is straining India's current account and inflation expectations, which is weighing heavily on the rupee.
Vishal Nirmiti IPO opens today. Check GMP, price band, and key details. Should you subscribe?
Vishal Nirmiti IPO opens on September 30 with a Rs 178-crore issue, comprising fresh shares and an OFS. The IPO has a Rs 208220 price band and a Rs 6 grey market premium.
Blue Origin, the space company founded by Amazon founder Jeff Bezos, is raising external capital for the first time after being funded by Bezos since its inception.
CAFE III norms tighten targets, reward small cars and electrified vehicles
Indias final CAFE III norms tighten passenger-vehicle efficiency targets by nearly 17% through FY32; Maruti Suzuki, Renault and Nissan could benefit, while EV, hybrid, CNG and ethanol credits widen compliance options for Tata Motors, Toyota and Mahindra
Vishal Mega Mart among 3 stocks that closed crossing above VWAP
On September 29, three stocks closed more than 3% above their respective VWAPs, according to StockEdges technical scan data, indicating stronger closing prices relative to volume-weighted averages.
Nityas Gems & Jewellery IPO opens today. Check GMP, price band and key details
Nityas Gems & Jewellery IPO opens on September 30 with a Rs 108.35-crore fresh issue. The IPO has a price band of Rs 7075 per share, while the grey market premium stands at Rs 5.
MTAR Tech among 4 stocks showing White Marubozu pattern
Four Nifty 500 stocks, including MTAR Technologies, Mankind Pharma, CMPDI, and PTC Industries, formed a White Marubozu bullish candlestick pattern on September 29. Technical data from StockEdge indicates strong upward momentum across these counters, as closing prices touched session highs, signaling sustained buying interest among market traders.
UltraTech Cem Share Price Live Updates: UltraTech Cement Price Analysis
8 SME IPOs to open today, seek to raise Rs 440 crore; check price bands, lot sizes and key dates
Eight SME IPOs TNA Solutions, Omara Ventures India, Sollfege Smart Electronics, Eventions, Acme India Industries, Paramount Syntex, SJP Ultrasonics and Dove Soft open for subscription today, September 30, collectively seeking to raise around Rs 440 crore. Seven will list on BSE SME, while Eventions will debut on NSE SME.
BSE will enter the Nifty 50, replacing Wipro in the semi-annual index rejig, potentially attracting $668 million in inflows. Wipro could face $230 million in outflows after exclusion. BSE has delivered strong long-term gains, while Wipro has declined sharply in 2026 amid pressure on Indian IT stocks and sector concerns.
From Zuckerberg, Pichai to Musk: Trump, tech titans sign AI pact; says industry can police itself
Rs 3,000 crore drugs seized from Iranian boat in Arabian Sea; 5 Pak nationals detained
The Indian Coast Guard conducted an operation on September 25, resulting in the seizure of significant drugs. Five Pakistani nationals were detained during this joint operation with Gujarat Anti-Terrorist Squad. The drugs, valued at over Rs 3,000 crore, were transported by an Iranian boat. This operation emphasized the commitment to preventing transnational drug trafficking in India's maritime areas.
Bernstein cuts PB Fintech share price target by 53%. More pressure after Rs 37,000 m-cap rout?
PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAIs proposed reforms to curb dark patterns and rationalise insurance commissions. Bernstein, Jefferies and Morgan Stanley have flagged potential pressure on earnings, distribution economics and valuations, with brokerages highlighting risks to health insurance and the POSP business amid regulatory uncertainty.
Divis Labs Share Price Live Updates: Divis Labs Stock Performance Overview
A 78-year-old man's body was found in a freezer at a Mumbai daycare centre, four years after his death. His daughter, who reportedly believed in rebirth, allegedly helped preserve his body, with the family paying 1.6 lakh monthly. Police are investigating the case, and the woman has appointed lawyers to represent her.
Axis Bank Share Price Live Updates: Axis Bank Stock Details
Kirloskar Oil Engines among 5 stocks with RSI trending up
Five Nifty500 stocks showed strengthening RSI momentum on September 29, led by Kirloskar Oil Engines, Cupid, TD Power Systems, Vedanta Power and Kirloskar Brothers, with RSI levels crossing above 50.
Sun Pharma Share Price Live Updates: Sun Pharma's Recent Market Activity
Wipro Share Price Live Updates: Wipro's Current Trading Status
Dr Reddys Share Price Live Updates: Dr. Reddys Stock Details
Hindalco Share Price Live Updates: Hindalco's Current Trading Status
HCL Tech Share Price Live Updates: HCL Tech Stock Details
IndusInd Bank Share Price Live Updates: IndusInd Bank Stock Details
Grasim Inds Share Price Live Updates: Grasim Inds. Stock Details
Tech Mahindra Share Price Live Updates: Tech Mahindra Surges Above 100-Day EMA
Britannia Share Price Live Updates: New 52-Week Low for Britannia
