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Chinese patrols to Taiwan's east are 'destabilising', US Congress-appointed official says
US officials highlight the destabilizing nature of China's coast guard patrols near Taiwan's east coast. Randall Schriver notes that such actions extend China's claims and involve legal and information warfare. Joseph Wu asserts that China has no legitimate rights to these waters surrounding the island. Delays are expected in US arms sales to Taiwan as negotiations continue between the leaders of the US and China.
Gary Kirsten, who coached India to the 2011 Cricket World Cup title, praised Pakistan's natural beauty after cycling through Islamabad's Margalla Hills. The Sri Lanka head coach also expressed interest in exploring Pakistan's northern regions.
HFCL Q2 net profit jumps 448% to Rs 394 crore
Net profit surged 448.14% year-on-year to 394.22 crore from 71.92 crore a year ago, while revenue increased 143.62% to 2,541.79 crore from 1,043.34 crore. Sequentially, profit increased 60.49% from the previous month, and revenue rose 32.73%.
Steelmakers may outperform non-ferrous peers in Q2 as higher volumes support earnings
Non-ferrous companies are expected to see a sequential decline in earnings, with revenue and Ebitda expected to fall 2% and 13%, respectively. The decline in average LME aluminium prices is likely to weigh on their profitability.
UltraTech Cement Q2 net profit up 21% in September quarter
A near 14% year-on-year growth in grey cement volumes to 35.94 mt in the domestic market, though, helped UltraTech clock in a near 19% year-on-year growth in consolidated sales to 23,295 crore. This also helped the profit before interest, depreciation and tax rise more than 17% to 3,832 crore. Consolidated profit for the quarter rose 21% on-year to 1,501 crore.
ED freezes trading accounts in scam tied to social media
Last week, the ED's Mumbai Zone conducted searches at 29 premises across six cities-Mumbai, Nashik, Ahmedabad, Gandhinagar, Surat and Bhavnagar-under the Prevention of Money Laundering Act (PMLA). The case relates to R M Drip and Sprinklers Systems and R&B Denims, the agency said. According to the ED, the two companies issued more than 35 million shares and convertible warrants through preferential allotments between April 2023 and March 2024. A substantial portion of the funds allegedly came from a small network of connected individuals, firms and lenders, it said.
Union Bank Q2 net profit up 30% as margins improve
Total advances in the September quarter increased 19% year-on-year to 11.6 lakh crore, led by a 17% growth in domestic advances, which was supported by a 24% increase in corporate advances to 5.2 lakh crore. The bank has a corporate loan pipeline of 1 lakh crore.
Brokerages back ICICI Bank on strong Q2 earnings, see HDFC Bank recovery ahead
Brokerages remain optimistic about ICICI Bank's strong earnings and asset quality after the recent quarter. However, HDFC Bank's profit growth was modest, and margins are under pressure, leading to a more cautious outlook. Despite this, both banks have attractive valuations and positive earnings recovery prospects. On Monday, both stocks experienced declines, along with broader market indices. Analysts highlight potential upsides for both banks based on target prices.
South Indian Bank MD Pai looks at strong culture, gold loan prowess to drive growth
South Indian Bank's new CEO Mahesh Pai plans to leverage the bank's strong culture, deposit base and gold loan franchise to accelerate growth.
How the Polycab case exposes the misuse of IBC for small dues
Insolvency proceedings over minor vendor claims can exert commercial pressure on financially sound companies, even as courts warn against using the bankruptcy code as a debt-recovery tool.
Jio Platforms' IPO draws Rs 2.5 lakh crore in anchor bids
Global investors included BlackRock Global Funds, Capital Group, Fidelity, New World Fund and American Funds Developing World Growth and Income Fund. Other overseas participants included Abu Dhabi Investment Authority (ADIA), Janus Henderson, Societe Generale, Morgan Stanley Investment Funds, Norway's Government Pension Fund Global, Citadel Securities Singapore, Eastspring Investments, T. Rowe Price, Prudential Hong Kong and Integrated Core Strategies (Asia).
Banking stocks, high oil prices drag Indian markets lower
Across Asia, markets were mixed, with South Korea rebounding 1.8% from last week's losses amid simmering concerns over excessive investments in artificial intelligence (AI). Taiwan fell 0.6%, while Indonesia tumbled 3.6% following a warning from index provider MSCI that it would downgrade the country from the emerging market basket.
'Close up your borders!': Trumps blunt message to Macron after violent France riots, 'I warned him'
California settles 23andMe data breach claims for $6 million
California Attorney General Rob Bonta on Monday
SBI data breach claim: Hackers allegedly access 3.75 lakh accounts
The threat actor describes this as the first disclosure of the dataset, Cyberpulse56 said, adding that the authenticity, origin and extent of the alleged exposure are inverified. If legitimate, the data could facilitate identity theft, financial fraud, targeted phishing and fraudulent loan applications, the group said.
Yes Bank's evaluating capital actions to back growth plans
The manner and the timing of reinstatement of the bonds as well as payment of the coupon is also under assessment, Niranjan Banodkar, CFO, Yes Bank told analysts over a call after the earnings.
Sir Dorabji Tata Trust files reply to Venu Srinivasan, Vijay Singh complaints
The separate complaints by Srinivasan and Singh amid a protracted battle within the Tata group had named SDTT's chairman Noel Tata and his son Neville, who is the vice chairman. SDTT owns nearly 24 per cent stake in Tata Sons, which makes it the largest owner among the shareholders in the holding company of the country's largest conglomerate.
Project Pathways: How Yukti Dahiya Is Bridging the Career-Guidance Gap for Underserved Students
New Delhi [India], October 19: Founded by Class 12 student Yukti Dahiya, the initiative is expanding access to career counselling, scholarships and emerging professional opportunities for students from underserved communities.
Amazon has warned that it could cut over 5,000 delivery jobs and close 15 New York City facilities if Mayor Zohran Mamdanis proposed Delivery Protection Act becomes law. The bill would require direct employment of drivers, prompting concerns over job losses, delivery costs and worker protections.
Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering
Retail giant attracts over $14 billion in demand for US debt as spending plans and funding diversification drive borrowing strategy
Vinted Cracks Down on Looted Goods After French Riots
Vinted, a secondhand online marketplace that counts France as one of its largest markets, has seen an influx of listings suspected to contain looted items after riots broke out across the country.
Modi likely to visit Russia in 2027 for annual summit: Kremlin
Prime Minister Narendra Modi is expected to visit Russia next year for an annual summit. Originally, the visit was scheduled for December, but other meetings complicated the timeline. Dmitry Peskov confirmed that the visit is more likely to occur next year. The leaders of India and Russia meet annually following a strategic partnership declaration. Modi's future visit will mark nearly 80 years of diplomatic relations between the two nations.
Melinda French Gates follows a 48-hour rule for employee feedback, giving herself time to reflect before addressing concerns. While Ray Dalio advocates radical transparency and Microsoft CEO Satya Nadella promotes a learn-it-all culture, Hachette chief David Shelley stresses the importance of leaders communicating in their own words rather than relying on AI. Their approaches highlight different ways business leaders handle criticism, encourage learning and communicate with employees.
ActivityKidz Expands to 20 Cities Across Eight Indian Metros
Gurugram (Haryana) [India], October 19: ActivityKidz, the discovery and booking platform for activities for children, today announced that it is now live in 20 cities across eight of the largest metros in India. Operated by CurioQuest Technologies Private Limited, the platform now serves 2 lakh plus parents every month and works with more than 500 ticketed entertainment and activity venues.
Trump family's Island project, student rage and violent protests: Albanias crisis explained
'45 years in prison': DOJ targets deadly fentanyl trafficking network, reveals shocking numbers
Trade deal 'very close' to finalisation: Rubio
US Secretary of State Marco Rubio will meet with Maharashtra Chief Minister Devendra Fadnavis and External Affairs Minister S Jaishankar. During his visit, Rubio mentioned that the India-US trade deal is close to being finalized. He expressed the need to balance global energy concerns while managing sanctions linked to Russian oil. Additionally, Rubio plans to meet business leaders in Mumbai, including Gautam Adani and N Chandrasekaran.
Disability, elderly care likely to qualify for CSR spending
Companies need to comply with CSR obligations if they have a net worth of 500 crore or more, turnover of 1,000 crore or more, or a net profit of 5 crore or more in the immediately preceding financial year. Under this, they must spend at least 2% of the average net profit made during the previous three financial years in areas or subjects specified by the corporate affairs ministry.
Piramal Finance Q2FY27 results: Net profit zooms 67% to 545 crore
Non-bank lender Piramal Finance on Monday reported a 67 per cent jump in net profit to Rs 545 crore for the September quarter, helped by core income growth and improvements in costs. The company's core net interest income grew 35 per cent to Rs 1,530 crore due to a 24 per cent growth in assets under management and a 0.35 per cent expansion in net income margin to 6.5 per cent. The cost-to-income ratio improved sharply to 52.1 per cent during the reporting quarter from 61.2 per cent, helping the bottom line. Stressing that the company is uniquely positioned in the NBFC universe, as it does not see a threat to margins amid the rising interest rate environment, its Managing Director and Chief Executive Jairam Sridharan exuded confidence that it will be able to expand NIMs by up to 0.20 per cent over the next year. When asked how such a feat will be possible despite rising rates, which increase an NBFC's borrowing costs, Sridharan explained that the rating upgrade it received recently
Punjab & Sind Bank Q2 net profit surges 40% to 412 cr on improved income
Punjab & Sind Bank on Saturday reported a 40 per cent jump in net profit to Rs 412 crore for the second quarter ended September 30, helped by improved core income and reduction in bad assets. The public sector lender posted a net profit of Rs 295 crore in the same period of the previous fiscal. The bank's total income increased to Rs 3,747 crore in the second quarter from Rs 3,373 crore a year ago, Punjab & Sind Bank said in a regulatory filing. Interest income rose to Rs 3,394 crore in the September quarter of FY27 from Rs 2,999 crore in the year-ago period. During the quarter, net interest income rose 22 per cent to Rs 1,162 crore against Rs 950 crore in the second quarter of the last financial year. Net Interest Income of the bank improved to 2.65 per cent from 2.56 per cent at the end of September 2025. Cost-to-income ratio reduced to 29.19 per cent compared to 61.87 per cent in the year-ago period. The bank's operating profit also increased to Rs 617 crore from Rs 505 ...
Anand Mahindra praised Indias startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India leapfrog stages of development.
Bajaj Finance to shrink lending to reckless borrowers
Bajaj Finance is halving the share of new loans to customers with three or more lending relationships to 3.5% by March 2027 amid concerns indebtedness.
Central Bank of India reports RTGS glitch
Mumbai: Central Bank of India said it detected a technical glitch in its RTGS outward payment system between October 15 and October 17, prompting the lender to shut down and isolate the affected systems while it investigates the cause.The bank said it initiated necessary response measures immediately after becoming aware of the incident and has engaged leading experts to assist with the investigation.The matter is being analysed to ascertain the root cause, and necessary corrective measures are being undertaken, the bank said in a regulatory disclosure.Also read | Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilCentral Bank added that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to a cyberattack and said the root cause is still under examination.The disruption comes days after CERT-In warned that attackers were increasingly using AI-assisted and agentic tools to accelerate reconnaissance, exploitation and financial attacks, including by targeting exposed credentials, dormant APIs and weak access controls at Indian organisations. The cybersecurity agency said such tools could enable attacks to be carried out faster and at greater scale than conventional methods.Also read | Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverCERT-In and CSIRT-Fin had also recently issued a critical advisory on cyberattack campaigns targeting financial institutions through payment and disbursement APIs. The advisory said attackers had compromised internet-facing applications and partner-bank or payment credentials in some cases to initiate unauthorised fund transfers.
Just Dial Q2 profit declines 9.73% to 107.8 cr despite 13% revenue growth
Just Dial Ltd, a leading local search engine, has reported a decline of 9.73 per cent in its consolidated net profit to Rs 107.8 crore in the September quarter of FY27, on a year-on-year basis. It had posted a net profit of Rs 119.44 crore in the July-September quarter a year ago, according to a regulatory filing. However, Just Dial's revenue from operations was up 13.11 per cent in the September quarter at Rs 342.82 crore, compared to Rs 303.07 crore in the corresponding quarter a year ago. Just Dial's total expenses stood at Rs 262.81 crore, up 14.6 per cent YoY in the September quarter. The company, owned by Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd, reported a 5.6 per cent rise in total income to Rs 397.38 crore in the second quarter of FY27. Share of Just Dial Ltd on Monday settled 2.82 per cent higher at Rs 732.55 apiece on the BSE.
Ireda Q2 net profit edges up at 554 crore, loan disbursements rise 31%
State-owned Ireda has posted a marginal rise in its standalone net profit to Rs 554 crore for the September quarter, the company said on Monday. It earned a net profit of Rs 549 crore in the second quarter of the preceding financial year, the Indian Renewable Energy Development Agency (Ireda) said in a statement. In July-September, the company's revenue from operations rose 14 per cent to Rs 2,345 crore from Rs 2,057 crore a year ago. Loan disbursement increased 31 per cent to Rs 10,579 crore against Rs 8,062 crore in the year-ago quarter. Loan book grew 15 per cent to Rs 97,411 crore from Rs 84,477 crore in Q2 FY26. The company's net worth grew 11 per cent to Rs 14,337 crore during the quarter compared to Rs 12,920 crore a year earlier. Our Q2 FY27 performance reflects the continued strength of Ireda's business fundamentals and focus on quality growth. 31 per cent rise in loan disbursements, along with 15 per cent growth in the loan book, underscores the sustained demand for ..
Oberoi Realty open to land buys, joint development deals across Delhi-NCR
Chairman Vikas Oberoi says the developer is exploring land purchases and joint development agreements across Delhi, Noida and Gurugram, while some launches await regulatory clearances
Sobha Q2 profit plunges 54.5% to 33 crore even as H1 sales hit record
The Bengaluru-based developer reported a 31.3% decline in Q2 revenue to Rs 967.06 crore, while first-half sales grew 47.2% and collections increased 4.8% year-on-year
Japan to launch world-first mission to moon of Mars
Japanese scientists will launch the Martian Moons eXploration probe from Tanegashima Space Center, targeting Mars's moon Phobos. The spacecraft aims to collect samples that could reveal the origins of the Solar System and life on Earth. This mission is set for a three-year duration in the Martian region, involving collaboration with US and European space agencies. Mars's other moon, Deimos, will be observed but not landed on during this mission.
CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDS
The exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax year and subsequent tax years.
Cost-to-income ratio improved to 52.1% during the reporting quarter from 61.2%
The report identifies four major areas where specialised skills are attracting higher pay: AI, data, cloud computing and cybersecurity.
UltraTech flags prolonged cost pressure as West Asia crisis keeps fuel prices volatile
UltraTech's experience bodes ill for smaller rivals, as the cement industry struggles to absorb prolonged input cost increases.
Ireda net profit grows to Rs 554 cr in Sep qtr
Ireda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from operations increased by 14%, totaling Rs 2,345 crore. Additionally, loan disbursements surged by 31%, reaching Rs 10,579 crore. This quarter also marked an 11% rise in net worth, showcasing Ireda's strength in renewable energy financing and management of asset quality.
Titan redeems 1,000 crore commercial paper
The redemption was carried out in accordance with the SEBIs operational circular governing the issue and listing of non-convertible securities and commercial papers
Manufacturers in Surat are moving beyond sarees and synthetic fabrics to produce specialised textiles for defence applications. Full details here.
Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore
Bajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60-62 million new loans and add 18-20 million customers during the year. Consolidated AUM grew 26% to Rs 5.85 lakh crore in the September quarter, aided by broad-based loan growth. The gold-loan portfolio more than doubled to Rs 24,195 crore, although short-tenor schemes caused a transitional increase in Stage 2 assets. Management does not expect this movement to affect credit costs. Lower funding costs, improving asset quality and a strong liquidity buffer should support growth.
In its response, Tata Trusts has denied all assertions made in the complaints, including those of misgovernance
LTTS Q2 net profit rises 66.78% to 548.2 crore on one-time gain
Revenue up 12.1%; large deals of over $200 million won, AI-related deals over 50% of total
Indias agrivoltaic capacity is expected to be more than 5-gigawatts in next 3-4 years: 5 gigawatts
MNRE Secretary Santosh Sarangi was addressing reporters ahead of the 7th Agrivoltaics World Conference to be held in New Delhi October 21-23
Srinivasan and Singh lodged their complaints on September 25, seeking an inquiry into the trust's administration and governance, including its role in the commercial affairs of Tata Sons.
Built at an estimated cost of 1,908.43 crore, the highway forms a key link in the proposed Raipur-Dhanbad Economic Corridor under the Bharatmala Pariyojana.
Fire breaks out at Parle-G unit in MP's Jabalpur, no one hurt; situation in control, say officials
More than 20 fire tenders and water bowsers were deployed for firefighting operation
Natco Pharma launches generic cancer drug Carboplatin in US
The launch helps address a critical shortage of the product in the US market, says the company
1 Finance gets Sebi in-principle nod to launch passive-only MF business
The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework
Alia Bhatt's brand Ed-a-Mamma celebrates Six Years
New Delhi [India], October 19: Ed-a-Mamma, the purpose-driven children's and lifestyle brand founded by actor and entrepreneur Alia Bhatt, celebrates its sixth anniversary this October, marking six years of growth and evolution from a digital-first kidswear brand into a growing multi-category business with an expanding exclusive retail presence across India.
Sobha Ltd Q2 profit drops 55% to 33 crore
During the first six months of FY27, Sobha Ltd's net profit fell to 83.80 crore from 86.14 crore in the year-ago period
Even Healthcare raises $50 mn in Series B round led by Khosla Ventures
The fresh capital will be deployed to establish five new hospitals across Bengaluru over the next six months, starting with Indiranagar
Waaree Renewable Technologies Q2 net profit falls over 29% to 81 crore
Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to 81.48 crore as higher expenses weighed on earnings, even as revenue rose to 1,057.84 crore.
Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: Crisil
Yes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds. Crisil Ratings highlighted a significant liability impact estimated at Rs 6,200 crore, while S&P Global Ratings foresees a reduction in common equity by about Rs 8,400 crore. Despite these concerns, both agencies believe the bank's credit profile will remain stable.
Piramal Finance Q2 net profit soars 67% to Rs 545 crore
Piramal Finances assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.
Bajaj Finance Q2 profit rises 28.7% to 6,367 crore on strong loan growth
Assets under management grew 26%, the fastest pace since the March 2025 quarter, as gold loans doubled and rural consumer finance expanded 63%, supporting quarterly earnings
PC Jeweller among 8 stocks that hit 52-week high and rallied up to 42% in a month
The Sensex plunged 876 points to close at 73,852, even as eight BSE 1000 stocks touched fresh 52-week highs. PC Jeweller led monthly gains at 42%, followed by Sky Gold and Diamonds at 31%, highlighting divergent stock performance.
School assembly news headlines for October 20, 2026, cover major national, international, sports and business developments. Key updates include the Delhi voter-list revision audit, arrests in the Tiger Shroff firing case, political unrest in France, Indias Asian Para Games achievements, changes in anti-cancer medicine prices, and developments in the banking and stock markets.
RAK Oasis appoints Lionexa LLP as its master marketing partner in India
Ras Al Khaimah [UAE], October 19: Shahab Building Contracting LLC has granted Lionexa LLP and its CEO, Mr. Kauser Nawaz, the master marketing rights in India for the sale of freehold property at RAK Oasis in Ras Al Khaimah.
Gen Z makes up 52% of Amazon's fashion and beauty customer base in India
Gen Z shoppers drive Amazon's festive growth as premium brands double their sales share to 20%, while non-metro markets account for over half of fashion and beauty orders
Bank of America arm seeks CCI nod for up to 49.9% in Jio Credit
A summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. According to the applicants submission, NB Holdings has no direct business operations in India.
Nepal bans import, sales of Priyagold biscuits
Nepal has banned the import, sale, and distribution of Priyagold biscuits, citing them as sub-standard. This decision follows India's food regulator FSSAI initiating legal proceedings against the manufacturer, Surya Food and Agro Ltd, for using cattle feed bran and other serious violations, and suspending its licence.
Even Healthcare raises $50 mn in Khosla Ventures-led Series B funding
The managed care company plans to open five hospitals across Bengaluru over the next six months as its valuation triples from its previous fundraise, taking total funding past $120 million.
Aegis Logistics in talks with BNP Paribas, HSBC, JPMorgan to raise $600 million for Tristar deal
Aegis Logistics Ltd. is in talks with banks including BNP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co. about raising funds for its acquisition of Dubai-based Tristar Holdings Ltd., people familiar with the matter said.
Coldwell Banker South India Inaugurates Avleon Realty in Mysore
Bangalore (Karnataka) [India], October 19: Mysore has a new destination for property. On October 15, Coldwell Banker South India inaugurated Coldwell Banker Avleon Realty Mysore, a franchise owned and operated by Mr. Sandeep. The office combines the reach of a worldwide brand with the local knowledge of a team that knows the city's neighbourhoods, builders and buyers.
Hindustan Zinc Q2 net more than doubles to 6,412 crore on higher output, better realisation
Revenue was up at 14,582 crore (8,282 crore) in the quarter under review
PEs, strategics eye minority stake in Zoff Foods at over 1,000 crore valuation
The Raipur-based company, which competes with the likes of MDH Spices and Everest Food Products, will look to tap both private equity firms and strategic investors including ITC, Emami and Orkla India for the funding round.
Inside Madhuri Dixits 5,500 sq ft sea-facing Mumbai home with more than 30 MF Husain paintings
Art is a prominent feature of the residence, particularly the paintings of renowned Indian artist MF Husain. The corridor leading into the home features several of his works.
Bajaj Finance Q2 Results: Net profit jumps 29% YoY to Rs 6,367 crore, NII up 24%
Bajaj Finance Q2 Results: Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore in the September quarter, compared with Rs 4,948 crore a year earlier. Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore in the year-ago quarter. Net total income increased 23% to Rs 15,974 crore from Rs 12,982 crore.
DP World ties next $2 billion India investment to demand, capacity constraints
The Dubai-based company has already invested $3 billion in India, with the balance $2 billion earmarked for expanding existing operations, including port terminals, inland container depots, warehousing and logistics facilities.
UltraTech Cement Q2 net profit jumps 21% to 1,501 crore on higher volumes, wider reach
UltraTech Cement revenue increased 19% to 23,295 crore
Jio vs Airtel vs Voda Idea: Comparing ARPU, Margins, Subscribers & More
Jio vs Airtel vs Voda Idea: Comparing ARPU, Margins, Subscribers & More
The science of better decisions: How the brain responds to pressure
Stress, cognitive fatigue and divided attention can affect how founders assess risks and make decisions. Understanding the neuroscience behind these responses offers business leaders practical ways to manage pressure, build better habits and sustain performance.
Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investors
Jio Platforms Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the October 21 opening.
Sopra Steria leases 4.74 lakh sq ft office space in Noida for 15 years
The French technology company has leased office space at Maconns Grande in Noida's Sector 132 for 15 years at a monthly rent of Rs 3.755 crore, with a 10% escalation every three year
Signature Global enters senior living with Manasum, eyes 575 cr sales
The companies will develop 164 senior living units at Sarvam DXP in Gurugram, with prices starting at around Rs 3.7 crore per unit and handover expected in 48 months
Altimetrik Opens Healthcare & Life Sciences Center of Excellence in Hyderabad
Hyderabad (Telangana) [India], October 19: Altimetrik, an AI engineering company, today opened its Healthcare & Life Sciences Center of Excellence (CoE) in Hyderabad to accelerate AI innovation for its clients. The Center's first launch is PharmaOS, Altimetrik's agentic AI framework for life sciences, built on Altimetrik's ALTi AIOS (operating system), with more offerings to be built alongside clients across the industry. With PharmaOS, the Center promises to take clients from a defined concept to a validated, governed AI agentic workflow in one week, helping organizations move quickly from an initial idea to a working, validated use case.
Hindustan Zinc Q2 Results: Net profit skyrockets 142% YoY to Rs 6,412 crore, revenue soars 77%
Hindustan Zinc reported a 142% year-on-year rise in Q2 FY27 net profit to Rs 6,412 crore, while revenue surged 76.5% to Rs 15,093 crore. EBITDA doubled to Rs 9,285 crore, with margins expanding to 62% on higher prices and production.
IDBI Bank staff to hold hunger strike on November 2-3 against privatisation, proposed Fairfax sale
The UFIOE has called on the government to abandon the proposed disinvestment and acquire at least a 6% stake in IDBI Bank, either by purchasing shares from LIC or through the open market.
L&T Technology Services posts 548 crore Q2 profit, declares dividend
L&T Technology Services reported consolidated revenue from operations of Rs 3,040 crore in the second quarter and declared an interim dividend of Rs 20 a share for FY27
Elon Musk said he plans to give every child in the United States one SpaceX share each next year, but has not explained how the giveaway would work. Musk has previously floated ideas that did not materialize, so it remains unclear whether this plan will go ahead.
Auto tech cos raise $1.3 bn across 97 funding rounds in 2026 so far: Tracxn
India's auto tech companies raised USD 1.3 billion across 97 funding rounds so far this year, according to a report from data intelligence platform Tracxn. The funding rounds were led by ride-hailing firm Rapido's USD 240 million, followed by electric two-wheeler manufacturer Simple Energy's USD 180 million and River's USD 102 million. India Auto Tech companies raised USD 1.3 billion across 97 rounds in 2026 year to date (2026 YTD) against USD 2.1 billion across 195 rounds in 2025. All funding figures are US dollar equity funding and exclude debt, grant, post-IPO and ICO funding, the report, India Auto Tech - 2026 YTD, said. Automated parking solution provider Sotefin recorded the highest IPO market capitalisation at USD 35 million, followed by Victory EV India at USD 11 million and accessories company AutoFurnish at USD 6 million. There were 10 rounds of USD 34 million or more, totalling USD 900 million during the period. These accounted for around 70 per cent of the total USD 1
Hindustan Zinc profit more than doubles to Rs 6,412 cr on higher prices
Higher zinc and silver prices, increased production and lower zinc production costs boosted Hindustan Zinc's quarterly earnings, while revenue from operations rose 76.5%
Muhurat Trading 2026: BSE announces date and timings of special session. Check details
BSE has announced the schedule for Diwali Muhurat Trading 2026, set for Sunday, November 8, on the occasion of Laxmi Pujan. The special session will run from 2:20 pm to 3:30 pm, with separate timings for pre-open trading, block deals, IPOs, call auctions and closing procedures.
Greenzo Energy raises 251 crore to fund growth plans
Greenzo Energy plans to use funds to expand electrolyser manufacturing capacity, strengthen backward integration, and advance research and development
