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Negative Breakout: These 5 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.
Double-digit growth seen on corporate scoreboard in Q2, but bank, IT, pharma lag
September quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with net profit increasing by 27.5%, surpassing the previous quarter. However, banking, IT, and pharmaceuticals sectors experienced a slow down in growth rates. Excluding lending, operating margins improved, indicating stronger performance in non-banking sectors. Analysts expect 13 out of 18 sectors to deliver double-digit sales growth in the coming quarters.
India valuations hit 6-year low, but stocks still expensive than EM peers
India's equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a weaker rupee, and rising crude prices. Despite lower valuations, overseas investors remain hesitant to invest in Indian equities due to comparative valuations. The MSCI India Index trades at a premium compared to other emerging markets, influencing foreign investor sentiment.
IIFL Capital hires four Barclays bankers to expand wealth business
The Fairfax-controlled firm is stepping up its push to attract wealthy Indian families as competition intensifies and global banks restructure their workforces.
JSW MG taps into Chinese parent Saic for 70% of its purchases
Nearly 70% of the joint ventures purchases in the financial year 2026 came from Saic-linked firms, taking their total business with the Indian carmaker to about $840 million, including royalty and licence fee
Eternals District explores live-event venues to cut concert costs, counter AI threat
The out-of-home consumption platform is exploring partnerships with property owners and governments to build dedicated venues as it seeks to scale its events business and strengthen its defences against AI-led disruption.
Introducing Lab Rats: A Mint series on Indias biotech startups
Indias drug innovation story has so far been told through the lens of established pharmaceutical companies. But a new generation of biotech startups is attempting bolder feats with a fraction of the funding.
Stocks in news: Infosys, Kotak Mahindra Bank, YES Bank, Raymond, BPCL, Coforge and Senco Gold
Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including selling by foreign investors and rising crude oil prices, have contributed to this downturn. Notable stocks such as Infosys and Kotak Mahindra Bank have attracted investor attention due to their quarterly earnings. Upcoming developments may influence market sentiment further as investors remain watchful.
D-St set for a cautious opening as GIFT Nifty signals muted start
Benchmark indices experienced a decline on Friday due to high Brent crude oil prices and global market weakness. Nifty was noted to face immediate resistance at 22,850 levels, with previous week's high acting as a hurdle. The rupee fell against the dollar for the second consecutive day, impacted by rising crude prices. Foreign portfolio investors were net buyers, while domestic institutional investors also increased their holdings.
BlackRock stays cautious on Indian equities despite cheaper valuations
BlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm anticipates greater clarity on corporate earnings and energy prices before changing its outlook. Despite elevated energy costs, India's economic resilience remains noteworthy amidst geopolitical tensions. Foreign investors have been net sellers of Indian equities for several months, impacting market performance.
IPO rush continues: 9 issues to raise Rs 2,768 crore this week
In the upcoming week, the market gears up for an exciting round of initial public offerings, featuring five mainboard IPOs and four small and medium enterprise (SME) IPOs, with a target of raising
Private ISPs may connect last mile in BharatNet as users lag
Under the new model for BharatNet, ISPs will own customer relationships, receive direct per-connection subsidies of 8,900-12,900, and retain 95% of monthly subscriber revenues.
Nifty outlook: Can the index rebound despite bearish signals?
The Nifty index fell over 2% amid sustained selling pressures with technical indicators signaling support levels. Analysts have identified crucial resistance levels and potential near-term recovery points for the index. Several stocks have shown strength and recommendations have been made for buying opportunities. Additionally, bearish momentum remains evident in specific sectors while futures strategies are advised. Overall, investors are encouraged to adopt a cautious approach during this volatile period.
360 ONE, TR Capital among buyers eyeing Paper Boat early backers stake
Private equity firms 360 ONE and TR Capital are in discussions to acquire a stake in Hector Beverages. Existing investors A91 Partners and Sofina are considering partial exits before the planned IPO in 2027. Other early investors including Sequoia Capital and Footprint Ventures are looking to sell their entire stakes. The deal aims to clean up the company's cap table and consolidate shareholding among major investors.
Manipur CM visits designated camp of militants in Kangpokpi district
Manipur chief minister Y Khemchand Singh visited Sinai Camp to address issues related to the Suspension of Operations agreement. The camp was recently disarmed following joint operations by security agencies in response to a troubling incident. During this operation, 17 individuals were found impersonating registered SoO cadres with false identities. The chief minister expressed that lasting peace cannot be achieved while a culture of violence continues.
From Kolhapuri chappals and dupattas to stainless-steel plates, Harsh Goenka has taken a satirical swipe at the trend of presenting familiar Indian essentials as premium lifestyle products. The latest discussion began after US influencer Amanda Monsen showcased IKEA plates as chic chrome plates, with the products reportedly priced at around Rs 760 each.
Competition Commission of India to hire 41 across departments
Individuals will be hired for positions at both CCI and its investigation arm, the director general (DG) office, according to public notices.
Insurance commission: NBFCs seek 5-year transition period to reduce selling fee
The industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps of 2% for credit life and 5% for credit health insurance would make credit-linked insurance distribution unviable, given distribution costs are about 32% of the premium.
Insurance commission: IRDAI extends time for feedback to October 31
The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had said recently. The objective is to move towards a more efficient regime without disrupting existing businesses or livelihoods. Some stakeholders have sought a longer transition period, while others have raised concerns about low-ticket policies, Seth had said. Larger insurers, smaller companies and new entrants have different concerns, as do various categories of insurance distributors.
AI narrative needs to change for India: K Balasubramanian, CEO, Citibank India
Long-term capital-gains tax is a big factor on the equity side. On direct investment, the trade agreements are going to be a big positive. Trade agreements create potentially important UK-India and EU-India corridors. We have been doing a lot of work identifying companies that could benefit and engage with clients. For Citi, that opportunity can flow through services and markets and potentially through investment-banking transactions as multinational companies raise capital in India, says K Balasubramanian, CEO, Citibank India.
Banks seek relief from sustainable lending norms for FCNR(B) loans
Banks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international banking units. The request stems from a significant rise in Foreign Currency Non-Resident deposits at GIFT City. These deposits have surged following the Reserve Bank of India's swap facility introduced in June. It is expected that the IFSCA may provide similar exemptions as the RBI has done before.
Who ordered Starlink speed restrictions on Ukraine? Elon Musk reveals why SpaceX throttled service
Elon Musk acknowledged that SpaceX restricted Starlink speeds in Ukraine, alleging the military violated its terms of service by using the network for offensive drone strikes. Services have since been restored, with Trump confirming he spoke to Musk about easing restrictions.
Wipro has appointed Kuldeep Sehrawat as director and head of marketing for India. Sehrawat joins from IBM, where he spent over eight years in marketing leadership roles focused on business growth, demand generation and partner ecosystems.
RBI data centre to strengthen payment systems, cyber resilience
The Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on third-party cloud providers. Prime Minister Narendra Modi also inaugurated a cybersecurity training institute, which will develop expertise in emerging technologies. The data centre will support critical systems like RTGS and NEFT for efficient financial transactions.
Instacart is exploring a possible sale and has held preliminary discussions with Uber and DoorDash, as per a report. A deal could value the company at $16 billion to $17 billion, but talks are ongoing, no agreement is guaranteed, and regulators could scrutinize a transaction.
Rithvik Jyothi Raj, 13, who plays Rajinikanth's grandson in Jailer and Jailer 2, has revealed that he runs a website-based venture with friends. The young actor also enjoys coding, robotics, and writing, with ambitions to become a comic book writer and filmmaker.
AI Express, IndiGo to move West Asia flights from Mumbaito NaviMumbai
The transition, which begins in December, will stretch into the next summer schedule
Tata Motors 3.91-billion Iveco bid faces make-or-break October 26 test of global ambitions
Tata Motors faces a crucial October 26 deadline in its 3.91-billion Iveco takeover, with only 35% of shares tendered at the last reported count against the required 80%. While management expects a last-minute surge in acceptances, it faces resistance from influential investors, Italian concerns over jobs and factories, and questions over the acquisition debt surrounding the Indian automakers biggest global commercial-vehicle bet.
Senco Gold to acquire 68% stake in August Jewellery for 68 crore
Senco Gold Ltd on Sunday said it has signed agreements to acquire a 68 per cent stake in August Jewellery Pvt Ltd, which operates the 'Melorra' brand, for Rs 68 crore. The investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions, the company said in a regulatory filing. It said that including the acquisition by a promoter group entity, the overall stake in August Jewellery will reach 79 per cent, following which the company will become a subsidiary of Senco Gold. The investment will happen through fresh equity issuance, with the funds intended for the company's growth and expansion, and the discharge of existing liabilities, the filing said. Senco Gold said the acquisition aligns with its digital and omnichannel strategy, particularly to cater to the fast-growing young consumer segment. Melorra's design and e-commerce capabilities are expected to complement Senco Gold's existing strengths and generate ...
Catherine Tan-Gillespie, president of KFC US, began her career washing dishes at 13 for 1.20 an hour. The 52-year-old executive says she built her career by pursuing challenging opportunities, taking risks and stepping outside her comfort zone rather than chasing money or job titles.
Torrent Pharma eyes semaglutide launch in Brazil in 6-9 months
Torrents Brazil revenues stood at 440 crore in the second quarter of FY27, up 38 per cent year-on-year
Wars now target economies: PM Modi warns of cyber terrorists, calls for stronger banking security
Prime Minister Narendra Modi inaugurated the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar. He emphasized the importance of protecting India's banking system from potential cyber threats. Modi noted that India's banking sector has become more efficient and accessible to the masses since 2014. He underscored the government's efforts to provide formal banking services to previously disadvantaged groups.
The coordinated approach between IndiGo, Air India Express and AAHL reflects ongoing efforts to balance growth at both airports while preparing CSMIA for long-term upgrades.
The CBI has registered a case against IL&FS Energy Development Company, its former managing director and other senior officials over an alleged 212.34 crore loss to Canara Bank. The FIR alleges that loan funds meant for renewable energy and infrastructure projects were diverted to other uses.
WB Groups drone has not only been used in Operation Sindoor but also forms the mainstay of unmanned platforms Ukraine
The Department of Homeland Security completed about 980,000 deportations during the first 18 months of President Donald Trumps second term, according to a new Migration Policy Institute analysis. The report finds that 71 percent of deported immigrants who had lived in the United States for at least two years had no criminal conviction.
UPI handles nearly 80 crore transactions daily, says Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Interface processes over 2,400 crore transactions every month, showcasing its effectiveness. Sitharaman emphasized the expansion of fintech initiatives that enhance access to credit and investment opportunities. Data centres were granted infrastructure status in 2022, aiding digital infrastructure. The Reserve Bank's new campus will bolster payment systems and provide cybersecurity training.
MoRTH plans state-level outreach to promote uniform highway development practices
Centre to deploy officers, experienced engineers and experts to share best practices in DPR preparation, contractor selection and construction models
The case stems from a complaint filed by MGF Developments Ltd, which alleged that M3M and its group companies obtained rights over approximately 31 acres of land in Chauma village, Gurugram, without paying the full consideration agreed upon under a land exchange arrangement
7 high-protein foods that can help support muscle growth
Bihu troupe attacked in Assam's Sribhumi over Assamese songs; CM orders action
During a Durga Puja event in Sribhumi district, a Bihu troupe faced an attack from a group of individuals. The group objected to the performance of Assamese songs in the Barak Valley and confronted the troupe members. As a result, several members of the troupe were injured during the incident, prompting public concern.
A 19-year-old man in Kolhapur, Maharashtra, was arrested for allegedly stealing 15 tolas of gold jewellery worth Rs 10 lakh from his uncle and using the money to buy a Mahindra Thar. The accused reportedly invited his uncle to the vehicles puja ceremony, where the missing ornaments came to light. Police also arrested the jeweller accused of purchasing the gold.
Shriram Finance eyes 20,000 crore gold loan book, bets big on EV growth
Shriram Finance aims to double gold loans' share of its AUM to 5 per cent in two years, while expanding EV financing and exploring partnerships with Japanese automakers.
Daylight Saving Time: On November 1, Daylight Saving Time will come to an end, rewarding Americans with an extra hour of sleep post-Halloween festivities. This adjustment results in earlier sunsets and gives residents a brighter start to their mornings as winter sets in. Despite the proposed Sunshine Protection Act, Congress has yet to embrace making this time change permanent.
Ghulam Nabi Azad rejects Farooq Abdullahs Kashmir remarks, cites Indian development efforts
Celebrity house flipping can create an illusion of high profitability while ignoring essential financial details. In the case of Bethenny Frankel, she sold her renovated loft for nearly $7 million after buying it for $4.2 million. However, various costs and unpaid expenses may have led to less profit than expected. The national average for remodeling returns shows that not all renovations guarantee significant returns.
Massachusetts and Idaho put guns on the ballot. One seeks to restrict them, the other to honor them
In a fascinating juxtaposition, Idaho voters are deciding on a state gun, while Massachusetts grapples with stringent new firearm regulations. These divergent ballot measures underscore the ongoing dialogue surrounding gun rights and restrictions. Massachusetts has initiated a law mandating serialization and registration of firearms, leading to a public referendum. Conversely, Idaho is presenting a nonbinding question to promote voter engagement.
Dubai resident Mohammed Shakaa brought 53 iPhones, from the first-generation model to the iPhone 18 Pro Max, to an Apple Store while collecting two Apple iPhone Duos. The longtime Apple enthusiast said he had waited more than three years for the device and hopes to attend a future Apple launch in California.
The GST Appellate Tribunal has ruled that airlines can claim GST refunds on cancelled tickets if they return the fare and tax to passengers and provide supporting documents. It directed the tax department to refund 45.92 lakh to Singapore Airlines with applicable interest.
HDFC Bank launches flexible EV car loan with longer battery repayment
The Flexi Electric Car Loan offers separate financing for the vehicle body and battery, allowing customers to customise EMIs and repay the battery portion over a longer tenure
The transition, which is in the final stages of operational planning, will cover IndiGo's existing services from Mumbai to Bahrain, Riyadh, Dammam, Jeddah, Madinah, Kuwait, Ras Al Khaimah, Fujairah, Muscat, Dhaka and Jakarta
Companies get more time to file FY26 financial statements, annual returns
The corporate affairs ministry has extended the deadlines for submitting annual financial statements and returns for fiscal year 2025-26. Companies can now file financial statements until December 31, 2026, without incurring additional fees. The deadline for submitting annual returns has also been adjusted to January 31, 2027. This extension comes after stakeholders faced challenges with the MCA 21 portal.
Microtek invests over 400 crore to accelerate solar business growth
Microtek has announced an investment of over Rs 400 crore to accelerate the growth of its solar business. As part of its expansion plans, Microtek has invested over Rs 400 crore and is setting up a new solar panel manufacturing plant in Jaipur, which is expected to become operational by November 2026, the company said at the renewable energy expo 2026 concluded on Saturday. Led by its 'Har Ghar Bijli Ghar' vision, the company will introduce its new Battery Energy Storage System (BESS), highlighting its focus on making reliable energy solutions accessible to households and businesses, the company said in a statement issued on Sunday. With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage. At the expo, the company showcased its home inverters, UPS systems, batteries, electrical wires, solar panels, solar inverters and lithium batteries. Supporting initiatives such as PM Surya Ghar: Mu
Peter Lynch on stock picking: 'You shouldn't own a stock if you can't'
Peter Lynchs investing advice centres on understanding a company before buying its stock. The legendary Fidelity Magellan Fund manager stresses researching business fundamentals, growth prospects and financials rather than investing based on popularity or hearsay.
Shree Naman Group steps up hotel buys, targets 2,500 rooms in five years
Shree Naman Group is expanding beyond its home market through acquisitions and new projects, as real estate groups deepen their hospitality bets
Indias 2029 rear-crash rule could cost car makers 2,700 crore annually, squeeze small-car margins
Manufacturers with newer architectures and higher volumes may absorb the expenditure more easily, while entry-level models could face greater margin pressure
Indias auto production boom set to slow in 2027 as CIE Automotive flags margin pressures
Passenger-vehicle and two-wheeler production growth is expected to moderate in early 2027, tractor output could contract, and higher raw-material and energy costs are already squeezing supplier margins.
AI at inflection point, future belongs to those who reinvent: HCLTech CEO
As artificial intelligence reshapes the technology industry, HCL Technologies (HCLTech) CEO and Managing Director C Vijayakumar has said the sector has reached another inflection point with AI, and that the future belongs not necessarily to the largest, but those willing to keep reinventing themselves. He made the remarks in a LinkedIn post marking ten years since he took charge of the IT services major. Vijayakumar described a decade as a long time in the technology industry, during which industries have been reinvented, business models disrupted, and the boundaries of what is possible have shifted repeatedly. Looking ahead, he tied the company's path directly to the AI moment. Today as AI reshapes our industry, we are once again at an inflection point, he wrote. He added that his firm belief has been that the future belongs not necessarily to the biggest, but to those willing to continually reinvent themselves. That conviction has never been stronger, he wrote, adding tha
Brookfield builds Qatar presence with Doha office
Brookfield has established a new office in Doha which focuses on its global credit platform and investment opportunities. This step aims to strengthen its presence in Qatar, especially with a $20 billion AI infrastructure program in collaboration with a local company. The office will enhance access to sovereign wealth funds and institutional investors within the region. Brookfield joins other investment firms expanding their local operations to capture opportunities.
JSW Steel flags domestic raw material bottlenecks as India eyes 600 mt capacity
Jayant Acharya, joint managing director and CEO of JSW Steel, calls for faster iron ore mining and coal washery investments to support India's long-term capacity push, even as JSW prioritises brownfield projects over green steel.
Chairperson Pirojsha Godrej says that consumer demand has been quite strong in the company's new as well as ongoing residential projects across all markets where it has a presence
Mcap of 8 of top-10 firms erodes by Rs 1.55 lakh cr; HDFC Bank, Bajaj Fin biggest laggards
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj Finance were particularly striking. The BSE Sensex plummeted by 1,605.44 points, indicating a bearish atmosphere across equities. While Tata Consultancy Services and Larsen & Toubro showed some gains, the overall trend remained negative.
F&O Talk: Nifty plunged 2% this week. Do charts indicate a bearish picture for coming week?
SBI Securities Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.
Warren Buffetts 6 golden rules for investors after retirement
Warren Buffetts retirement advice focuses on low-cost index investing, paying off high-interest debt, maintaining cash reserves, staying within ones circle of competence and living frugally. His long-standing principles offer lessons on building wealth, managing risk and making sound financial decisions.
LOreal sees great turnaround in India market, ramps up focus on quick commerce
The French beauty major reported double-digit growth in its consumer products division in India in the September quarter and has completed the acquisition of a majority stake in Innovist.
End 'diversionary' tactics, act against cross-border militancy: Pakistan tells Afghanistan
Pakistan has called on Afghanistan to halt alleged terrorist activities conducted by groups from its territory. The Afghan Taliban has rejected these claims, asserting that Pakistan is deflecting responsibility for its own security issues. Tensions have escalated due to accusations directed at the Taliban for supporting the Tehreek-i-Taliban Pakistan. Pakistani officials demand that Afghanistan address and combat these threats to maintain regional stability.
L'Oreal sees India biz gaining momentum; expands skincare, online presence
French cosmetics major L'Oreal sees its India business doing a great turnaround, driven by improving team capabilities, increasing localisation, accelerating online commerce and rising demand for haircare and skincare products, said its global Chief Executive Officer Nicolas Hieronimus. India recorded a double-digit growth in the group's consumer products division business in the September quarter. Besides, its emerging markets delivered spectacular growth, particularly in Brazil and India in the professional products, according to the company's latest earnings update. L'Oreal's SAPMENA-SSA region posted adjusted like-for-like growth of 19.2 per cent in the third quarter of 2026, with India and Indonesia further accelerated, driven by haircare and skincare, the cosmetics major said. The region comprises South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa, and is one of L'Oreal's key operational and financial reporting regions. In the earnings call, ...
Disenchanted Netanyahu supporters are prize of Israel election campaign
Voters in Dimona have begun campaigning for Gadi Eisenkot, seeking to unseat Prime Minister Benjamin Netanyahu. The upcoming election reflects growing discontent among traditional Likud supporters who are now considering alternatives. Netanyahu faces declining support due to the fallout from Hamas' October 7 attack, as many voters express the need for change. Eisenkot's personal story and security credentials resonate with voters, leading to a competitive race.
PM Modi inaugurates Arvind's garment manufacturing facility in Varanasi
Prime Minister Narendra Modi inaugurated Arvind Limited's garment manufacturing facility in Varanasi, which emphasizes modern production practices and women's employment. This facility aims to create job opportunities and boost the local economy. With a global customer base, it will help promote Varanasi's garments in international markets. Modi interacted with women workers during the event alongside Uttar Pradesh officials. He will also attend the Air Force Day Aerial Display-2026 in Varanasi.
Amitabh Bachchan, SRK popular in Taiwan; their visit would make 'big news': Ambassador Mumin Chen
Mumin Chen, Taiwan's representative to India, expressed hopes for Bollywood stars visiting Taiwan for filming. Chen noted that both Amitabh Bachchan and Shah Rukh Khan have substantial fan followings in the country. He highlighted the potential for Taiwanese and Indian stars to collaborate on films in beautiful locations. The Taiwan Film Festival aims to present Taiwanese culture to Indian audiences through six showcased films.
Raveena Tandon's home, named Neelaya, is located in Bandra and has an estimated value of Rs 70 crore to Rs 80 crore. The residence features spiritual decor, including stone sculptures of various deities placed according to Vastu Shastra principles. A combination of modern luxury and traditional charm characterizes the living room and dining area.
Odisha steps up preparedness, evacuation plans as severe cyclonic storm nears Andhra coast
The Odisha government is mobilizing personnel and resources in anticipation of a severe cyclonic storm forecasted to make landfall. Chief Minister Mohan Charan Majhi has ordered the cancellation of leaves for officials to ensure readiness. Heavy rainfall and gusty winds are expected in southern and coastal districts, prompting public safety measures. Collectors in affected areas are preparing cyclone shelters for potential evacuations.
AI weapons: Ex-Army Chief says humans must retain control over firing decisions in modern warfare
10 Penny stocks surged up to 180% in 3 months. Do you own any?
Eleven low-priced stocks with market caps below Rs 1,000 crore and share prices under Rs 20 have gained up to 181% over three months. Kapil Raj Finance and Tuni Textile Mills led the list, according to ACE Equity data.
FPIs withdraw Rs 48,056 cr from equities in Oct so far amid elevated crude oil prices
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation in selling with two days of net buying. The overall FPI outflows from equities in 2026 have reached notable levels compared to previous years. Market participants are closely monitoring upcoming macroeconomic developments including US GDP data.
Italian fashion retailer OVS betting big on India, looks to scale up retail footprint
Plans to have 11 stores by 2028, online presence by next year
Brown-Forman aims to make India a top 10 market for Scotch in five years
Brown-Forman, known for its iconic brands such as Jack Daniel's and Woodford Reserve, sees a scale of opportunity in the Indian Scotch market
Global asset management assets reached a record $159 trillion in 2026, but Morgan Stanley expects falling management fees to constrain revenue growth through 2030. Private markets and artificial intelligence could drive profitability, with firms integrating AI across operations potentially improving cost-to-income ratios by up to 15 percentage points.
Carlsberg India revenue slips to 8,708.8 cr in FY26, profit rises 22%
The company's total income, including other income, declined 2.25 per cent to 8,814.96 crore in the financial year ended March 2026
Diversification plan: NMDC scouts for mining assets across four continents
NMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 percent of revenues from minerals other than iron ore. This expansion aligns with government initiatives to secure raw material supplies and decrease import dependency. NMDC's strategy is expected to enhance its role in India's manufacturing sectors. Industries such as automotive, renewable energy, and electronics will benefit from these efforts.
JK Tyre bets 6,110 crore on premium, smart and EV tyres to revive margins
JK Tyre MD Anshuman Singhania plans to more than double the share of premium passenger tyres while expanding into sensor-embedded products, EV applications and fleet services. The 6,110-crore investment strategy comes as rising raw-material costs squeeze profitability.
NMDC scouts for mining assets across four continents to diversify portfolio
NMDC, which caters to India's one-fourth iron ore demand, has set a goal to earn at least 20 per cent of revenues from sale of minerals other than the key steel making raw material
PNB aims to bring cost-to-income ratio below 50% this fiscal, 45% by FY29: MD Chandra
Punjab National Bank is focusing on bringing its cost-to-income ratio below 50 percent in the current financial year. The bank aims to further decrease it to around 45 percent by 2028-29. In the first half of the current fiscal year, the cost-to-income ratio was 50.38 percent, reflecting a decline from previous levels. The bank's net profit has reached Rs 5,500 crore, with targets for continued growth ahead.
Running six days a weekwith services suspended on Saturdaysthe train will offer a seamless overnight journey connecting New Delhi and Varanasi, with crucial halts at Kanpur Central and Prayagraj Junction.
As many as 24 companies will turn ex-record date for dividends, stock splits and rights issues during the week starting October 26. Key names include Shriram Finance, CRISIL, Cyient, Chennai Petroleum and L&T Technology Services.
Chef Damu death news: Chef Damu, the celebrated Tamil chef and Cooku With Comali judge, has reportedly died at 72 following health complications. A Padma Shri awardee, he earned a place in the Guinness World Records after cooking 617 dishes in 24 hours and 30 minutes.
India accuses Pakistan of propaganda at UN, invokes Form 47 government
India's First Secretary at the UN, Raghoo Puri, criticized Pakistan's diplomatic efforts during a recent dialogue. He highlighted the challenges facing Pakistan, such as economic issues and human rights violations. Puri emphasized that Jammu and Kashmir is an integral part of India while rejecting Pakistan's claims. He noted the significant contributions of minority communities to India's development and governance.
Explosions heard in Saudi capital Riyadh as airport due to reopen
Explosions were reported in Riyadh on Sunday, coinciding with the reopening of its international airport. This reopening followed a two-week closure due to repeated Houthi strikes targeting the area. The Houthis have warned that the airport remains a military target, issuing alerts to airlines and travelers. Additionally, the Saudi-led coalition intercepted Houthi missiles aimed at Riyadh and nearby regions.
Piyush Goyal flags Indias AI-proof strengths, pushes tech, investment ties with Germany
Karisha and Kristina, two friends from Lithuania, are embarking on a month-long journey through India, documenting their experiences online. Their recent ride on the Vande Bharat Express sparked conversation, as Karisha appreciated its comfort while also mentioning troubling bathroom odors. As they explore iconic sites like Delhi, Agra, and Kashmir, their candid observations have ignited discussions among social media users about the ups and downs of Indian train travel.
