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Will Rs 5 lakh crore bet on Jio open floodgates for India's mega IPOs?
Jio Platforms' recent IPO generated considerable public enthusiasm, showcasing a notable appetite for large-scale offerings among investors. This wave of interest could prompt other firms to accelerate their IPO plans. Experts suggest that the viability of future IPOs will hinge on prevailing market trends and investor mood. Additionally, the significant funds from Jio's IPO will soon be redirected into various investment avenues, potentially bolstering upcoming offerings and shaping pricing strategies.
Tata Motors clears key shareholding threshold for takeover of Italian truck maker Iveco
With this TML CV Holdings B.V. has reached a shareholding of 89.42% of the Issuers common share capital, net of the Treasury Shares, the company said in an exchange filing
VVDN Technologies said to consider up to $300 million IPO
The company has invited investment banks to pitch for roles on the potential share sale and is expected to appoint advisers soon
BLS Polymers IPO opens today; GMP signals 27% listing gain. Check key details
BLS Polymers Rs 255-crore IPO opened for subscription on October 27 and will close on October 29. The issue, priced at Rs 142150 per share, commanded a 27% grey market premium. The company plans to use the proceeds for manufacturing expansion, working capital and general corporate purposes.
Indias Defence Acquisition Council approved defence procurement proposals worth Rs 2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Tata Motors' Iveco bid crosses 80% threshold as acceptances hit 87.81%
Provisional acceptances under the 3.91 billion offer reached 87.81 per cent of Iveco's share capital, clearing the revised minimum threshold of 80 per cent
Paytm Q2 FY27 profit rises over 10-fold to 225 crore; revenue grows 28% to 2,648 crore
EBITDA increased 90% y-o-y to 270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time
Mankind Pharma among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks recorded a rise of over 7% in futures open interest on October 26, with Radico Khaitan leading at 16.05%, followed by Mankind Pharma at 9.6%.
Stay tuned to businessline for more business, financial and stock market news.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp Exceeds 100-Day EMA Mark
MTAR Technologies among 4 stocks closing above VWAP
Four Nifty500 stocks closed more than 2.5% above their respective volume-weighted average prices (VWAPs) on October 26, according to StockEdge data. The scan highlights stocks trading above their volume-weighted average price for the session.
Wipro Share Price Live Updates: Wipro's Remarkable Monthly Returns
JSW Steel among 5 stocks showing the White Marubozu pattern
Five Nifty500 stocks that gained over 4% on October 26 featured in StockEdges White Marubozu bullish scanner. The candlestick pattern indicates strong buying momentum, with prices closing near the session high after opening at or near the low.
RIL Share Price Live Updates: RIL's Price Action Below Moving Average
Ather Energy among 5 stocks showing RSI trending up
Five Nifty500 stocks that gained over 5% on October 26 featured in the RSI Trending Up scan on StockEdge. The scan identifies stocks whose Relative Strength Index (RSI) has crossed above 50 from below, signalling strengthening price momentum.
HDFC Bank Share Price Live Updates: HDFC Bank's Weekly Returns Dip
Tata Motors' bid to takeover Iveco clears 80% acceptance threshold
Tata now holds 89.42% of Iveco's common share capital based on provisional results, both companies said
The Rs 667.53-crore public issue is a combination of a fresh issue of 45.45 lakh shares aggregating to Rs 150 crore and an offer for sale (OFS) of 1.57 crore shares worth Rs 517.53 crore. Through the OFS, existing shareholders will sell part of their holdings, while the company will receive proceeds from the fresh issue.
Grasim Inds Share Price Live Updates: Grasim Industries Trading Figures
SBI Share Price Live Updates: SBI Trading Volume Overview
Mankind Pharma Q2 profit rises 38% to Rs 716 crore
Mankind Pharma has announced a profit increase of 37.7% to 716 crore during the September quarter. Revenue from operations rose to 4,337.9 crore compared to 3,697.2 crore in the same quarter last year. This growth is attributed to strong performance in both domestic and international markets. The recent acquisition of Armed Cell Therapeutics is expected to enhance R&D capabilities.
Tata consumer Q2 net profit up despite higher costs, weak tea demand
Tata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter as weak demand and surging commodity costs took their toll. To counter this, the company emphasized its salt business, which saw significant revenue increases driven by volume growth and price hikes. Meanwhile, international revenue held steady despite challenges in the UK market caused by weather issues.
Anthropic's Wall Street debut: How rich could its 7 co-founders get at a $1.5 trillion valuation?
Anthropics IPO filing offers a glimpse into the wealth and influence of its seven co-founders. As the AI firm prepares to go public, its shareholdings, voting power and philanthropic pledges are drawing attention, alongside the stakes held by tech giants Amazon and Google.
SoftBank vehicle sells 3.58 crore Ola Electric rights entitlements amid 1,000-crore issue
The investment vehicle sold 1.21 crore REs on October 22 and 23, followed by another 2.37 crore on October 26, according to exchange data.
Microsoft buyout offer to employees: Who is eligible and what over 60,000 techies have been offered
Microsoft has offered voluntary exits to about 60,000 employees, or 27% of its global workforce. Eligible staff in four countries may receive severance, continued stock vesting, health insurance and career-planning support.
SBI launches CyRIS centre to strengthen cybersecurity capabilities
SBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centre will delve into vital aspects like threat intelligence, cyber defense mechanisms, and ethical hacking practices. It also emphasizes malware analysis, AI security, and quantum-safe advances, showcasing SBI's unwavering resolve to fortify cybersecurity across the financial landscape through collaborative efforts.
NBFCs curb fresh loans in rural markets as weak monsoon raises repayment risks
India's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in drought-affected regions. The lenders are closely monitoring borrowers for early signs of repayment difficulties due to weak monsoon rainfall. Companies are adjusting loan growth expectations downward and strengthening collection efforts in impacted locations. Several states are under close scrutiny as economic pressures mount from lower incomes and agricultural yields.
Can SFC Environmental Technologies IPO deliver long-term growth for high-risk investors?
SFC Environmental Technologies is planning an IPO to raise 150 crore for debt repayment and 517.5 crore for an offer for sale. The company has reported consistent growth in both revenue and profits, with significant contributions from repeat customers. Concerns include uneven cash flow due to high working capital and reliance on government contracts for revenue.
Why Hitachi Ventures wants a front-row seat in Indias deeptech boom
Hitachi Ventures is expanding its India deeptech bets across AI, energy and advanced manufacturing, but says high entry valuations and uncertain exits call for caution.
Three challenges facing HDFC Banks new CEO
HDFC Bank's new CEO Anup Bagchi faces the challenge of rebuilding confidence, preventing further senior management departures and reviving the growth engines.
Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM Shriram
Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their September-quarter earnings, highlighting varying financial performances. Paytm experienced significant profit growth, while Dalmia Bharat reported a net loss due to an exceptional charge. Defence stocks are also in focus following government procurement approvals. Investors continue to track earnings reports and related developments in the market.
Jio IPO delivers smaller payday for bankers than other mega offerings
In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured
Indian markets rebound, but rising oil prices keep investors cautious
On Monday, Indian equity markets staged a comeback following four days of losses, with both the BSE Sensex and NSE Nifty seeing notable gains as investors sought to take advantage of cheaper stock prices. However, analysts warn that this recovery is precarious, influenced by global geopolitical issues and high crude oil prices.
Retail investors return to equities with Rs 10,572 crore buying in September
After two months of silence, September marked the return of retail investors to the secondary market, as they invested
Rising concentration in AI stocks poses a risk: Kunal Kapoor, Morningstar CEO
Kunal Kapoor, the CEO of Morningstar, voiced unease about the dangers of focusing investments heavily on AI stocks during his Mumbai trip. He stressed that lofty expectations might not always reflect in company profits, potentially leading to disappointing market outcomes. While praising India's compelling growth story, he remarked that its investment valuations do not stand up favorably against those in emerging markets.
The minutes misrepresented his objections and omitted mention of two key conditions agreed by board members, Noel Tata wrote. However, Tata Sons did not make the changes requested, and made a statutory filing about the reappointment.
The government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investors and tax experts, have been consulted for their views. The debate has gained momentum due to significant outflows of foreign portfolio investments. Current taxation methods may affect the attractiveness of Indian equities compared to global markets. The upcoming budget provides an opportunity to revisit these tax regulations.
India's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the volume of shipments declined by 16%, earnings surged by nearly 50% in rupee terms. Diesel exports were the largest contributors to the earnings growth, accounting for 42% of the total volume. Both diesel and petrol consumption rose during this period, whereas production saw slight declines.
MakeMyTrip swings to $1.8 million profit in Q2 FY27 despite headwinds
MakeMyTrip's gross bookings rose 20.9% in constant currency terms to $2.7 billion, while high airfares and capacity constraints continued to weigh on its air ticketing business.
Wary of RBI, banks back off from forex deals
The banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in US Treasury bills to earn higher returns. The transaction involved a buy-sell swap, where banks purchased dollars in the spot market and sold dollars in the forward market. The dollars generated through the swaps were deployed in US government papers, whose yields have risen in the past three months.
New Delhi [India], October 26: Lord's Mark Industries Limited has achieved a significant milestone in healthcare manufacturing by becoming the first company in Asia to register with the US FDA for over 200 surgical, medical-care, and hygiene products. The company intends to start exporting products to the United States in December 2026, which represents a significant milestone in its plan to expand its operations globally. Lord's Mark Industries is preparing to explore opportunities across South America, with its Silvassa manufacturing capacity expansion already completed ahead of schedule, subject to country-specific regulatory requirements.
Microsoft is offering buyouts to around 60,000 employees, reports say
The voluntary exit offer will impact key divisions, including AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices, a source familiar with the matter told Reuters
OneRepublic frontman Ryan Tedder is building wealth beyond music through commercial real estate, music publishing, consumer brands and strategic investments. His approach shows how a hitmaker can turn creative success into long-term business assets.
Arunachals anti-dam protests spread as agitators oppose 1,605 MW Menga hydropower project
In Arunachal Pradesh, opposition to the 1,605 MW Subansiri Upper Hydroelectric Project is growing fierce. A bandh organized by student groups has brought normal activities to a halt, impacting transportation services. Protesters are pushing for the cancellation of the project, raising alarms over potential environmental damage and safety hazards. Incidents of property damage and clashes with law enforcement have been documented.
Break the cycle: Mecca Pact nations hold talks in Iran
Saudi Arabia was represented by Defence Minister Prince Khalid bin Salman, younger brother of Crown Prince Mohammed bin Salman; Pakistan by army chief Field Marshal Asim Munir; and Turkey by intelligence chief Ibrahim Kalin, Saudi and Iranian officials said. Iranian state media published pictures of Iranian President Masoud Pezeshkian, Foreign Minister Abbas Araqchi and Mohsen Rezaei, secretary of the Supreme National Security Council, attending the meetings.
Chasing US capital, Indian AI startups weigh cost of moving amid challenges
VC firms such as Antler India and All In Capital have launched programmes to help homegrown AI startups establish a foothold in the US
Jewelchic plans nationwide presence through physical stores and e-commerce
Explore Jewelchic, Satva Gold's D2C brand offering everyday 9KT real gold jewellery across India through physical retail stores, e-commerce, and assisted video shopping
Ather reports 1.26 cr profit in Sep qtr, plans to further boost capacity
Ather Energy plans to add 225,000 units of annual production capacity by Q2FY28, investing 122 crore across its Hosur and Chhatrapati Sambhajinagar plants
Noel Tata challenges resolution to reappoint Chandra as Tata Sons chairman
Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda
SBI opens cyber CoE, announces training for 1.8 lakh staff in cybersecurity
'CyRIS' will focus on emerging digital safety and capability areas, including threat intelligence, cyber defence, digital forensics, malware analysis, ethical hacking, fraud analytics, AI security, and quantum-safe technologies, as per an official statement.
CCPA fines Britannia 1 lakh over '100% whole wheat bread' claim; product contains only 62% wheat
Britannia has also been asked to submit a compliance report within 15 days
Noel Tata challenges resolution to reappoint Chandrasekaran as Tata Sons chairman
Noel Tata contested the resolution to reappoint N Chandrasekaran as Tata Sons' chairman passed on September 17. He argued that the decision was invalid as it was not on the meeting agenda. Tata Trusts director Venu Srinivasan voted in favor, while other directors also supported the reappointment. Noel requested the unedited video recording of the board meeting to clarify the proceedings.
IOB net profit up 56 pc at 1,962.67 crore in September quarter, bank plans to launch QIP in Q4
In the year-ago period, the bank had reported a net profit of 1,258.82 crore
Tata Communications to invest 4,350 crore in 10,000-km AI data centre network
First phase to link data centre hubs in Mumbai, Pune, Hyderabad and Chennai; later phases to extend connectivity to Vizag, Bhubaneswar, Jamnagar and GIFT City
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian stock markets saw a notable recovery after early losses on Monday. Sensex rose nearly 483 points, while Nifty gained over 153 points during the trading session. This rebound followed a four-day decline that significantly impacted investor wealth. Analysts noted value buying supported the recovery, particularly in sectors like power, healthcare, and metals. Despite this, caution prevailed due to geopolitical uncertainties and upcoming policy decisions from major global banks.
Beauty, personal care segment witnessing strong growth momentum this festival season
Emerging as a key growth pillar for e-commerce, quick-commerce platforms
Tata Consumers Q2 profit rises 16%, in line with estimates
TCPL's consolidated revenue rises 14% to 5,661.13 crore.
Ather Energy shares jump 14% as EV maker posts Q2 profit, plans capacity expansion
The company reported a consolidated profit after tax (PAT) of 1.26 crore in Q2, compared with a loss of 154 crore in the year-ago period.=
Hyundai puts Bayon to task, for meeting Cretas target
According to a monthly report, HMIL dispatched (to dealers) 89,727 units of Creta in the domestic market during April-September this year as compared to 99,345 units in the same period last year
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%
Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore.
CCPA fines Britannia 1 lakh over misleading claim
The ruling comes after the authority observed that the company claimed 100 per cent whole wheat bread in its ads while its product packaging declared a wheat content of 62 per cent
Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates
Tamilnad Mercantile Bank has set a remarkable milestone with a net profit of Rs 451 crore for the quarter from July to September. This success is buoyed by a substantial rise in interest income, totaling Rs 1,820 crore compared to the same period last year. Managing Director Salee Sukumaran Nair emphasized the role of net interest income in driving this profit.
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%
Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality.
The Delhi Development Authority discusses transport expansion under the Master Plan for Delhi 2047 to ease traffic congestion and improve connectivity.
The caf, located in the check-in area of Terminal 3, aims to make essential food and beverage options more affordable for travellers who often face higher prices at airport restaurants and retail outlets.
MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 million
MakeMyTrip reported a $1.8 million Q2 net profit, reversing a year-earlier loss of $5.7 million. Revenue rose 11.2% to $235.2 million, while gross bookings grew 20.9%, supported by hotels, transport and AI-powered travel assistant Myra.
Bank of Maharashtra Q2 profit jumps 41.5% as bad loans decline
Bank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit growth, improved asset quality and a return on assets of 2.02%.
Indias smallcap sell-off is intensifying as margin trading facility (MTF) positions decline from record levels. With nearly Rs 72,000 crore exposed to smallcaps, forced liquidations could deepen losses, although SEBI safeguards may limit systemic risks.
Aequs Q2 loss narrows marginally to 52.2 crore; order book at $1.1 billion
Higher depreciation and finance costs largely offset an increase in EBITDA. The net loss for the first half of FY27 stood at 105.4 crore, compared with 16.7 crore a year earlier
School holiday news: Schools across India are generally set to operate as usual on October 27, 2026. Local authorities may declare holidays based on weather conditions, especially in southern coastal states. Odisha and Andhra Pradesh are particularly monitoring forecasts due to cyclone concerns and heavy rain alerts. Parents and students should check with schools for specific instructions or changes related to closures.
India to sell more dishwashers than the world in 5 years: Goyal at Netherlands Business Forum
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks
Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Brigade Hotel Ventures' net profit doubles to 22 crore in Q2 FY27
Brigade Hotel Ventures reported a 105 per cent rise in Q2 FY27 net profit to 22 crore, with revenue up 10 per cent and EBITDA growing 26 per cent despite West Asia uncertainties
Shanthi Gears Q2 PAT down 27% at 15.7 crore
Revenue from operations declined by 3 per cent to 128 crore (132 crore)
ITC Hotels Q2 net profit jumps 52% to 202.65 crore
Gross revenue grows 25 per cent; food and beverage revenue up 12 per cent, led by speciality restaurants, lounges and bars and banqueting
Mumbai (Maharashtra) [India], October 26: OVS, Italy's leading fashion retailer, has opened its largest store in India at R City Mall, Ghatkopar, Mumbai. Spanning approximately 12,400 sq. ft., the store marks an important milestone in the brand's India journey, introducing a flagship-style retail experience that brings together an expanded range of collections in a spacious, contemporary setting. Designed to offer consumers a more immersive way to discover the brand, the store reflects OVS's approach to making Italian design and contemporary fashion affordable to a wider audience, while maintaining high standards of quality and sustainability.
M&A activity was pegged at 29 deals worth $229 million in Q3 2026, compared with 19 deals worth $179 million in Q2
Tiger Shroff sells 7.61-crore Mumbai apartment for 9 crore days after Juhu firing incident
Tiger Shroff has sold his Khar West apartment in Mumbai for 9 crore, compared with its original purchase price of 7.61 crore in 2018. The deal was registered on October 22, days after a firing incident involving the actor in Juhu. The property spans 1,291 sq ft and includes two car parking spaces.
Tata Consumer Q2 consolidated profit rises 16%
Standalone profit fell nearly 15% following exceptional charges, while domestic input-cost pressures weighed on operating margins
Banks make slow progress in financial inclusion schemes, private lenders trail state-run peers
Private lenders trail state-run banks in Mudra disbursements, Vishwakarma loan sanctions and SVANidhi claims processing, raising questions over timely support for small businesses and informal workers.
A advocacy group has questioned Medanta chairman Naresh Trehan's appointment to a government panel reviewing pharmaceutical marketing rules, citing potential conflicts of interest and past concerns over hospital medicine prices.
AAPE BY A BATHING APE Enters India with First Standalone Store at Ambience Mall, Vasant Kunj, Delhi
New Delhi [India], October 26: AAPE BY A BATHING APE, the Global streetwear label known for its distinctive graphics, camouflage and iconic Moon Face, is entering India with the opening of its first standalone store at Ambience Mall, Vasant Kunj, New Delhi, this festive season. The India debut marks AAPE's entry into the Indian retail market, bringing its distinctive streetwear proposition to Delhi and establishing the foundation for its planned expansion into other major Indian cities over the next three years.
Timeline: Anthropic's path from AI startup to industry-defining IPO
Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.
S&P sees 15-20% EBITDA growth for ONGC in FY27 on upstream strength, downstream recovery
S&P expects ONGC to maintain quarterly domestic oil and gas production of about 10 million tonne, equivalent to 73.5 million barrels of oil, supporting quarterly EBITDA of 25,000 crore-30,000 crore
JSW Energy prospects brightens on new capacity addition
JSW Energy has already commissioned 1.4 GW of RE capacity in the first half of FY27 and plans to add another 1.6 GW in the second half of the financial year
V Narayanan stated that the space agency would significantly expand its operations, with four functional launch pads planned by 2029.
Prime Minister Narendra Modi inaugurated Arvind Limiteds new garment manufacturing unit in Varanasi. The facility is expected to boost Uttar Pradeshs textile industry, create jobs with a predominantly women-led workforce, and connect local garment production with international markets.
