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Bajaj Finance: Why this rare Nifty outperformer is likely to reward investors in a muted market
Bajaj Finance is down only about 2% in 2026 against a roughly 13% fall in the Nifty, even as FPI outflows reached $26.8 billion year to date. the relative strength rests on a Rs 17,500 crore capital raise (QIP plus promoter warrants), which Jefferies sees lifting FY28e BVPS by 8% with eps broadly flat.
B2B commerce firm OfBusiness plan IPO next year, DRHP likely in Nov
The IPO is expected to be based on the company's existing valuation of $4.4-5 billion, with the issue targeted for March-April next year
What will bring foreign investors back to Indian stock market? 5 things that should go right
FPIs sold more than Rs 25,000 crore of Indian equities in September as surging US bond yields, elevated crude prices and a weaker rupee reduced Indias appeal. Cooling yields and oil, currency stability, strong Q2 earnings and attractive valuations could bring foreign investors back.
Rate cut cycle near turning point. What lies ahead for Indian bonds?
The RBI is expected to signal monetary tightening at its October policy meeting as stronger economic growth, rising oil prices and elevated US Treasury yields fuel inflation concerns. Higher domestic rates could support the rupee but raise borrowing costs for the government and companies while pressuring equities and consumption.
India fastest-growing Asia market for NetApp; BFSI, IT services key drivers
India is NetApp's fastest-growing market in Asia, with the BFSI, manufacturing, IT services and public sectors - particularly central and state government departments - as key drivers of the company's revenue growth, CEO George Kurian said. The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas. India has been the fastest-growing market in Asia, and we are always looking to grow faster, Kurian told PTI on the sidelines of Insight 2026 here. NetApp's global capability centre in India has become the company's largest and has consistently grown faster than the rest of the business, the India-born CEO of the company said. Kurian, who has been driving the company's business growth as CEO since 2015, said NetApp is the ..
Andhra Pradesh invites Kitex to lead 2,000-acre textile park
A high-level delegation led by Andhra Pradesh Minister for IT and Human Resources Development Nara Lokesh visited Kitex Garments at Kizhakkambalam and held preliminary discussions on the proposed project
Steel Ministry asks SAIL, NMDC to explore mining assets abroad
The move will help secure future requirements and reduce cost
Asian Games 2026: Indias biggest hits and misses after 85-medal campaign
India concluded the Aichi-Nagoya Asian Games in fourth place with a total of 85 medals. The nation achieved 21 gold, 27 silver, and 37 bronze medals during the event. Notable performances came from archery, hockey, and cricket teams, securing multiple golds for India. However, tennis and badminton underperformed, with a significant historic medal drought in tennis. The overall campaign showcased progress and highlighted areas for improvement in various sports.
Axis Direct picks 5 smallcap stocks with up to 40% upside potential. How many do you have?
After eight consecutive weeks of market losses, Axis has identified five small-cap stocks offering up to 40% upside following the sharp correction.
I had that one last fight left in me: Braveheart pilot Smit Machchhar on foiling flydubai crash bid
Indian pilot Smit Machchhar is being praised for his bravery in preventing a potential flight crash. During the incident, the co-pilot attacked Machchhar with a crash axe while attempting to take control. Machchhar managed to open the cockpit door after a struggle, allowing other crew members to assist. He initially thought his aircraft was in distress before realizing the true threat was his co-pilot.
South Korean president orders probe into data leaks across financial industry
South Korean President
What to do with old clothes? Try these 4 creative DIY ideas to turn them into useful home essentials
Transforming worn-out clothing into functional household items is not only resourceful but also environmentally friendly. Think about turning old fabrics into handy cleaning cloths or stylish reusable grocery bags. You can even craft small storage pouches to keep your space organized, or create unique plant holders from durable fabric, adding a personal touch to your home. These eco-friendly DIY projects significantly cut down on waste while elevating your creativity.
Jio IPO likely by Oct end at enterprise valuation of above 12 trillion
Digital services major Jio Platforms is likely to get listed by the end of this month at an enterprise valuation of USD 143-146 billion or above Rs 12 lakh crore, sources tracking the development said. Jio Platforms IPO is touted as India's largest public offer at an estimated size of USD 3.8 billion. The company has concluded overseas roadshows and is expected to file final papers with market regulator SEBI for the initial public offering in the week starting October 12, banking and other sources who did not wish to be identified told PTI. Based on interest received from overseas roadshows, Jio Platforms is likely to list at a base enterprise valuation of USD 143-146 billion or at least Rs 12 lakh crore by end of this month, one of the banking sources said. An email sent to Jio Platforms (JPL) seeking comments based on available information did not elicit any reply. The overseas roadshows held in the US, UK, Dubai, Hong Kong and Singapore were led by Jio Platforms Managing Dire
7 midcap stocks with rising EPS for four straight quarters. Are they in your portfolio?
Seven NSE midcap companies, including Poonawalla Fincorp, Nykaa, Laurus Labs and Lodha Developers, reported sequential EPS growth for four consecutive quarters through the June 2026 quarter, according to StockEdge data.
Canon eyes chip projects, plans local service centres in India
Tech major is sensing a great opportunity in the upcoming semiconductor manufacturing ecosystem.
Despite price hike, appliance makers expect double-digit growth in festive sales
Air-conditioner and consumer appliance prices have risen 5-8% ahead of the festive season, but manufacturers expect sales to grow in double digits, driven by premiumisation, replacement demand, easy financing and improving consumer sentiment.
Indian group ArcelorMittal plans $1 billion investment in Brazil as Chinese steel imports decline
According to Brasil 247, the company is also considering an investment of around R$5 billion to expand its Pecm plant in Cear with a new hot-rolled coil production line
Not much time for experiments, want to play our WC 11 from next series: Gill
India's captain Shubman Gill expressed concern over injuries affecting the performance of his team during recent ODI series. Despite a 2-1 victory over the West Indies, he emphasized the need for a settled squad. Gill highlighted the significance of early wickets and effective fielding, citing dropped catches that affected their momentum. New bowlers had opportunities to showcase their skills although they faced challenges.
Honda Elevate Facelift launch on October 6: Expected price, new features, design changes and more
Honda Cars India has dropped a teaser of the Elevate facelift ahead of its launch. This revamped SUV promises a fresh front design, complete with sleek horizontal segmented LED DRLs that blend seamlessly into the grille. A noteworthy addition is the 360-degree camera, boosting its tech features. While the exterior design will largely stay the same, major mechanical changes are unlikely.
Automakers build up inventory to meet festive season demand
Maruti, Hyundai and Mahindra preparing to meet higher sales.
'Were gonna shove it up their as**': Trump at MAGA Rally in Ohio, says Republicans going to win big
Indias auto sector delivered a mixed September, with strong passenger- and commercial-vehicle sales offset by weak tractor and domestic two-wheeler demand. Festive buying could support growth, but rural stress, rising input costs and excess dealer inventory pose risks to margins.
9 penny stocks crash up to 57% in just 2 months
In recent months, the penny stock sector faced a downturn as several stocks plummeted in value. A total of 14 stocks witnessed price drops between 20% and 57%. Notably, Kalind experienced the steepest decline at 57%. Additionally, Cropster Agro and PVV Infra reported decreases of 52% and 41%, respectively, signaling a tough market for lower-value stocks.
Will Nifty, Sensex plunge for 9th straight week? TCS Q2, 4 factors to drive Dalal Street from Monday
India's stock market has faced a challenging downturn, marking eight weeks of losses, the longest in 25 years. Driving this trend are soaring oil prices and rising US bond yields. The sell-off by foreign institutional investors has intensified the downturn. As companies like TCS and DMart prepare for their Q2 earnings, investors hope for signs of resilience amidst a weaker rupee fueling their concerns.
Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over 2,000, which the company's co-founder says will take a significant toll on its margins. Details here.
IT sector faces another muted quarter as pricing pressure, geopolitics weigh on growth: Report
India's IT sector is expected to see limited growth in Q2FY27 due to various pressures and headwinds. Predictions indicate large-cap firms might experience a modest revenue increase, while mid-cap companies could outperform. Although margins might improve slightly, profitability could continue facing challenges from investment needs. The Nifty IT index has dropped significantly, reaching multi-year lows due to weak demand.
Adani Airport to go ahead with Mumbai redevelopment; airlines reject proposal
Adani Airports chief executive Arun Bansal has assured airlines that the shift to Navi Mumbai airport is temporary. The airlines said their support for Terminal 1 redevelopment could not be construed as consent to the proposed reduction in international slots
Bank holidays next week: Banks will remain closed for two days from October 5 to 11, 2026, including the second Saturday and Sunday. Check the full list of bank holidays and city-wise details.
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses
The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.
'We'll have it the easy way or the hard way': Trump signals decision coming on Iran
Metas AI Data Center tax strategy that saves billions - Report
The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.
Not lack of talent, senior business leaders point to these key factors posing obstacles...
Only 5% of leaders attribute execution gaps to talent shortages, a survey by Biz Staffing Comrade revealed. The primary obstacles holding organisations back they felt are shifting priorities and outdated processes.
David Robinson published a scathing essay in The Atlantic, accusing OpenAIs unimpeded optimism of fostering a hazardous environment for advanced technology
I do not invest. I dont do that stuff: Why this Apple co-founder opted for a mere $50 paycheck
When Apple was founded in 1976, Steve Wozniak and Steve Jobs reportedly each held a 45% stake, while Ronald Wayne owned the remaining 10%. Wozniak later reportedly sold much of his stake during the 1980s.
Kuku revenue jumps sixfold to 1,484 crore as AI fuels microdrama expansion
The Kuku TV and Kuku FM parent reported FY26 net revenue of 1,484 crore and a profit of 182 crore, as it builds a 1,000-member AI-led production unit ahead of its planned IPO
Paramount-Warner Bros merger: Who is staying, who is exiting as Skydance takes shape?
Several senior Paramount executives are set to take on expanded responsibilities, while some of Warner Bros. Discovery's top leadership will depart. Here is a look at the executives staying, those leaving and their key achievements.
The 6,831-square-foot apartment is located on the 19th floor of Tower B of Three Sixty West, a luxury residential project on Dr Annie Besant Road in Worli
Why is Trump redirecting $2 billion into $90 Medicare checks, and who qualifies for the payment?
President Donald Trump has announced one-time $90 payments for more than 20 million Medicare Part B enrollees. The White House says the money will come from the Medicare Improvement Fund, which has about $2 billion available. Most eligible recipients are expected to receive the payment in October, without filing a separate application.
Parliamentary panel may recommend stricter monitoring of crypto transactions in India
A committee in Parliament is in the process of exploring the legal avenues for regulating cryptocurrency transactions and assets within India. They aim to identify technological strategies for tracking these digital assets responsibly. Highlighting the government's earlier stance on cryptocurrencies as unregulated and risky, recent notices under the Prevention of Money Laundering Act have been dispatched.
Russian attacks kill 6 in Ukraine and damage Kyiv's Northern Bridge
Russian attacks killed at least six people in Ukraine and damaged Kyiv's Northern Bridge, disrupting traffic for a third day, while Moscow confirmed it targeted the structure. Ukrainian strikes also caused casualties in Russia. Moldova's president warned that the war was increasingly spilling into her country after reported Russian airspace violations.
Chandigarh State Consumer Commission increased the compensation for a senior citizen after inadequate toilet facilities were provided. The complainant, aged 73, booked a retiring room expecting a Western toilet but found an Indian toilet. Following initial acknowledgment of the error, the refund was denied after the room was not used. Initially awarded only Rs 3,000, the compensation was raised to Rs 20,000 for mental anguish and litigation expenses.
India's Russia-Ukraine peace proposal 'most comprehensive' among four plans: Kyiv
Ukraine is evaluating four international proposals to resolve the ongoing Russia-Ukraine conflict, highlighting India's comprehensive approach. Foreign Minister Andrii Sybiha noted India's newfound willingness to engage in the peace process. Other proposals include initiatives from Turkiye and Egypt for grain truce and a U.S. energy truce. Both Zelenskyy and Putin have acknowledged India's principled stance and Modi's diplomatic efforts.
Thhiya Builds a New Decision Layer for Cross Border Solution to Global Workforce
New Delhi [India], October 3: A New Delhi based workforce marketplace is trying to make global expansion decisions easier by bringing provider discovery, verification and comparison into one place.
FSSAI says Nestles low fat dairy whitener sample collected at Hotel Lalit found unsafe
Nestle India says its Low Fat Dairy Whitener is safe to consume and in compliance with applicable regulatory requirements
Book 'The Dark Secrets of Real Estate' Authored by Shubham Gupta Unveiled
Chandigarh [India], October 3: The Dark Secrets of Real Estate: What The Industry Doesn't Want Buyers to Know, a new book aimed at helping property buyers understand the legal, technical and financial aspects of real estate purchases, was unveiled at the Chandigarh Press Club.
Noel Tata questions Chandrasekarans re-appointment, seeks video recording of Sept 17 board meeting
Legal view. Tata cites former CJI Chandrachuds opinion as Tata Sons defends reappointment with other legal opinions
CBI files charge sheet against RCom, others in 3,750 crore LIC fraud case
The four accused have been charged for offences of criminal conspiracy, cheating, and criminal breach of trust under the erstwhile Indian Penal Code, along with offences under the Prevention of Corruption Act
Kolkata (West Bengal) [India], October 3: In a city that wears its culture like a second skin, a packed gathering of Bengal's finest artists, writers and thinkers came together for an evening of warm, candid conversation - and a powerful tribute to a woman who turned social consciousness into a movement.
Second Talent Launches Hire Offshore for Hiring Full-Time Indian Developers at One Monthly Fee
Bengaluru (Karnataka) [India], October 3: Second Talent today launched Hire Offshore in India, giving companies in the US, Europe and Australia a way to hire full-time Indian developers while the platform handles local employment, payroll and equipment.
CBI chargesheets RCom, ex-LIC investment chief in 3,750-cr cheating case
The CBI has filed a charge sheet in the Rs 3,750-crore cheating case against Reliance Communications Ltd. (RCom), former executives of the group and a former Chief Investment Officer of Life Insurance Corporation of India for causing wrongful loss to LIC, officials said on Saturday. The CBI investigation so far has revealed that, in 2012, LIC subscribed to NCDs worth Rs. 1,500 crore issued by Reliance Communications Ltd. on the basis of serious misrepresentations, according to the central agency. In its charge sheet filed before a Special CBI court in Mumbai, the agency has named as accused Reliance Communications Ltd., two executives of the Reliance ADA Group, namely, Amitabh Jhunjhunwala, Group MD, Vishwas Joshi, Sr. VP, Reliance Capital Limited and P. Venugopal, the then Chief Investment Officer, LIC, a CBI spokesperson said in a statement here. The four accused have been chargesheeted for offences of criminal conspiracy, cheating and criminal breach of trust under the IPC, .
Nestle India's 'low-fat dairy whitener' found 'unsafe, substandard' at Hotel Lalit: FSSAI
The report of the food analyst's laboratory declared the product substandard and unsafe, indicating non-compliance under the FSS Act, 2006
No drama but no handshakes either in India-Pakistan Asiad cricket final
India triumphed in the Asian Games cricket final, defeating Pakistan by 19 runs to secure their gold medal once more. The match proceeded with remarkable sportsmanship, as both teams placed their emphasis on cricket, avoiding the customary handshakes that are often clouded by rivalry. Pakistan earned silver and Sri Lanka claimed bronze, with the medal ceremony unfolding without any disruptions from the surrounding political climate.
D-Mart Q2 revenue rises 18% to Rs 19,206 cr; store count at 518
Avenue Supermarts has achieved an impressive 18.4% growth in standalone revenue for the second quarter of 2026, totaling Rs 19,206.18 crore, a substantial rise from Rs 16,218.79 crore compared to the same period last year. This also reflects a 4.7% increase from the preceding quarter's revenue of Rs 18,343.49 crore.
D-Mart Q2FY27: Revenue rises 18.4% to 19,206 crore; store count at 518
Avenue Supermarts, which owns and operates the retail chain D-Mart, reported an 18.4 per cent rise in standalone revenue from operations to Rs 19,206.18 crore for the second quarter ended September 30, 2026. The company had reported revenue from operations at Rs 16,218.79 crore a year ago, Avenue Supermarts said in a regulatory filing on Saturday. Standalone Revenue from operations for the quarter ended (QE) September 30, 2026, stood at Rs 19,206.18 crore, the company said in its update at the end of the quarter. The total number of stores of the Damani-family-promoted retail chain stood at 518 as of September 30. This also includes its Sanpada, Navi Mumbai, Maharashtra store, which is currently closed to customers due to reconstruction. On a quarter-on-quarter basis, D-Mart's revenue climbed 4.7 per cent. Its revenue was Rs 18,343.49 in the June quarter. Promoted by Radhakishan Damani and his family, D-Mart retails basic home and personal products across markets, including ...
Sebi examining position limits for non-agri contracts to boost liquidity
Sebi is actively investigating position limits for non-agricultural contracts to improve market liquidity and depth. Chairman Tuhin Kanta Pandey has highlighted the importance of phased physical settlement for agricultural commodities. The organization is focused on addressing structural issues and increasing technology integration in commodity markets. Furthermore, Sebi plans to expand its educational outreach through Project Jagrook to better inform market participants.
Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high
The technical structure has weakened materially, with the most important development being the Nifty's modest violation of its 200-week moving average, presently placed at 22,606.97. This is the first breach of this long-term average since March 2020 and makes the 22,600 area particularly important over the coming days.
Chandigarh [India], October 3: The Department of Biosciences at Chandigarh University has secured a grant of over Rs 17 lakhs from Punjab State Council for Science & Technology (PSCST) under the Green Skill Development Programme (GSDP) of the Ministry of Environment, Forest and Climate Change (MoEF & CC), Government of India for conducting a three-month specialized training programme on 'Nature Conservator-cum-Ecotourism Guide' aimed at building a skilled workforce in nature conservation, sustainable and responsible tourism and green entrepreneurship.
Noel Tata on 250 cr investment for IIM Bangalore and why need of the hour is primary education
Noel Tata, chairman of Tata Trusts, announced a 500 crore investment in partnership with IIM Bangalore to create a premier undergraduate institution, prioritising early childhood education as essential to academic success, and revealed plans for 40 to 50 not-for-profit hospitals nationwide.
RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: Report
A report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantly stress NBFC asset quality. Past trends suggest that rate increases alone typically do not lead to widespread deterioration. Current impacts from the West Asia conflict have been limited to specific segments and are not broadly felt. Additionally, healthy capital buffers and systemic liquidity are expected to mitigate potential risks.
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs
Cube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% per annum, payable quarterly for five years. Major institutional players, Axis Bank Limited and ICICI Bank Limited, were pivotal investors in this transaction. The proceeds will facilitate debt refinancing and support ongoing capital projects, as part of an ambitious financing initiative targeting Rs. 4,500 crore.
Sebi to soon issue framework on Closing Auction Session; receives over 3,500 comments
Securities and Exchange Board of India will release a framework regarding changes to the Closing Auction Session mechanism. The regulator reviewed comments on its consultation paper about market timings and settlement methodology. Sebi intends to address specific issues related to derivatives settlement prices after consultations. Regulatory measures for corporate bond derivatives are also being developed to promote market growth.
Oxford University Press and Canva Join Hands to Empower Future-Ready Learners
New Delhi [India], October 3: In a significant step towards building future-ready classrooms, Oxford University Press (OUP), a leading education publisher with a longstanding commitment to advancing learning, today announced a strategic collaboration with Canva, the world's leading all-in-one visual communication platform. The collaboration brings together OUP's pedagogical expertise and trusted educational content with Canva's intuitive creative tools to embed design thinking and digital creativity into classroom learning through OUP's revised Keyboard computer science series.
Flydubai's recent Dubai-Tel Aviv flight faced a mid-air emergency when co-pilot attacked Captain Smit Machchhar, causing a rapid descent. Authorities labeled it a planned terrorist act.
RBI grants Core Investment Company registration to Indiabulls
The Reserve Bank of India (RBI) has granted Indiabulls Limited a Certificate of Registration as a Core Investment Company (CIC), bringing the company under the central bank
Chennai (Tamil Nadu) [India], October 3: Hettich proudly announces the grand opening of its second Hettich Exclusive (HeX) store in Chennai, further expanding its experiential footprint in South India. The new store deepens the brand's growing touchpoints across the city, bringing the magic of immersive, hands-on interior experiences closer to customers, wherever they are.
Sanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized that banking and financial stress can develop suddenly yet take years to resolve. Malhotra pointed out the interplay of geopolitical and economic factors complicating current financial stability predictions. He stressed the Reserve Bank of India's role in maintaining financial resilience through appropriate regulations and supervision.
9 large-cap stocks that surged over 50% in the first half of FY27
Among these, we highlight 9 large-cap stocks that have surged over 50% in the first half of FY27 so far, significantly outperforming the benchmark. (Data Source: ACE Equity)
Mumbai (Maharashtra) [India], October 3: In a meaningful step towards serving society, Shivani Sharma Foundation, in collaboration with Lion Club of Bombay Hilltop, successfully organized the Women's Support Initiative at Vriddhashram on 1st October, commemorating The International Day of Older Persons, and bringing joy, dignity, and hope to the elderly women residing at the old age home.
Captain Smit Machchhar was the pilot of flydubai flight FZ1073 when a violent incident occurred. He sustained injuries after the co-pilot attacked him in the cockpit. Despite his condition, Machchhar managed to open the cockpit door for crew intervention. The flight was safely diverted to Tabuk in Saudi Arabia following the altercation. Both Indian and Israeli leaders have praised Machchhar for his actions during the emergency.
Stocks to buy: Axis picks 7 largecap stocks with upside potential of up to 44%. See full list
Axis has picked 7 largecap stocks that have robust value after the sharp correction.
Jio Platforms IPO may open on October 21, issue estimated at $3.8 billion: Report
The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to list on the stock exchanges on October 28, although the timeline remains subject to market conditions and could change depending on developments in financial markets, the report added.
Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions
Over the last five trading sessions ended October 1, the benchmark Sensex declined 2.27%, or 1,671 points, to close at 71,909. The index recorded losses in four of the five sessions.
A consortium of banks led by SBI has told the Bombay High Court that 8,751.86 crore remains recoverable from Vijay Mallya, despite 10,270 crore recovered so far. The disclosure counters Mallyas claim that lenders have recovered more than his outstanding dues.
Mumbai airport changes from Oct 25: With the planned partial discontinuation of international services from October 25, IndiGo and Air India will have to cut 74 and 33 weekly overseas flights, respectively, from the Mumbai airport, said sources.
Bleak Winter! Why analysts are hinting at painful October even after 8 weeks of Nifty correction?
The global backdrop remains the biggest problem. US yields above 5%, a firm dollar, higher crude prices and rupee weakness make India more vulnerable.
IPO Calendar: Quiet week ahead after Rs 39,000 crore September rush, but Street to see 29 listings
The momentum had picked up sharply from August, after a muted first four months of FY27, as stronger listing gains and steady liquidity pulled investors back into new issues.
Bonus issues & stock split: 5 stocks rewarding shareholders next week
The list remains tentative as more companies may announce record dates for bonus issues and stock splits during the week.
Nvidia wants AI chips to become fungible asset, but Wall Street isnt convinced yet | Here's why
Nvidia aims to establish its AI chips as durable assets for long-term financing, but Wall Street remains cautious, doubting their value over time. The company seeks to use GPUs as collateral to support AI developers, raising concerns regarding depreciation and lender protections.
FBI commissions classified and internal 'Patel Report' about times when it 'fell short'
The FBI has issued a classified report examining its past failures to ensure future accountability and trust. Director Kash Patel emphasizes confronting the agency's shortcomings rather than rewriting history, despite criticism. The report aims to reflect on past mistakes without protecting them, promoting organizational accountability. Previous investigations and actions taken against agents involved with Trump have sparked controversy regarding the agency's integrity.
Large caps face investor apathy, mid and small caps fuel euphoria
Investor sentiment towards large-cap stocks is currently apathetic, despite improved valuations in the market. Retail investors are increasingly enthusiastic about mid- and small-cap stocks, enjoying recent positive developments in those sectors. The ongoing West Asia conflict and declining stock prices contribute to investor despair among large caps. Meanwhile, small and mid-cap sectors attract retail investors due to their potential for quick returns.
Bajaj Finance set to mop up Rs 17,500 crore via QIP, warrants
Bajaj Finance intends to raise 17,500 crore through share sales and warrants to fuel its growth. The company's board approved plans for 11,700 crore via a qualified institutional placement and 5,800 crore through warrants for its promoter. A shareholder meeting will be convened to approve the proposed QIP. This marks the first major fundraising effort since the previous capital raise in November 2023.
More than half of mid-to-large cap companies fail to deliver returns in 2026
More than half of India's mid-to-large tier companies with market capitalisation above 1,000 crore have faced losses in 2026. Eight companies have experienced significant market cap erosion, affecting investor sentiment. Factors such as regulatory issues, funding costs, and margin pressures contributed to these declines. Foreign portfolio investors have sold a substantial amount of Indian equities this year amid geopolitical uncertainties.
Nvidia's CEO, Jensen Huang, has a net worth exceeding $200 billion as his companys shares reached an all-time high of $237. Huang's fortune increased by $3.4 billion, positioning him as the seventh-richest person globally, driven by demand for AI chips and a significant buyback announcement.
Anthropic targets mega-IPO before Thanksgiving Holiday
Anthropic PBC is expected to start marketing its initial public offering around November 9. The company's trading debut could occur before Thanksgiving, which is on November 26. Although facing competition from OpenAI, investors remain optimistic about Anthropic's valuation. Despite significant losses, the firm aims to exceed SpaceX's record IPO size. The market for new listings has experienced delays, but Anthropic is pushing forward.
Boeings 737 Max 10 certification is bolstered by the FAA's finding that a software glitch affecting certain flight computers doesnt pose a safety risk.
Consumer companies score low on R&D spending amid innovation chorus
Indian consumer firms are asserting their commitment to technology and innovation, yet their investment in research and development (R&D) remains unremarkably low. Analysis reveals that R&D spending barely rose to an average of 0.9% of sales, with prominent companies like ITC, Britannia, and Hindustan Unilever experiencing stagnant or even decreasing funding.
SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more
A group of lenders, spearheaded by the State Bank of India, has revealed that Vijay Mallya still owes an astonishing Rs 8,752 crore. This figure remains despite having recovered over Rs 10,270 crore, including recent payments. Mallya's claims of settling his debts with banks are in question. Court proceedings continue regarding the recovery of dues and criminal charges, with the Enforcement Directorate asserting that even recovered funds don't dismiss ongoing criminal cases.
Yeast protein gains ground as brands seek alternatives to costly whey
The shift comes as whey protein, a key ingredient in conventional supplements, becomes more expensive. Industry executives said whey protein powder now costs more than 4,500 a kg, up from around 1,000 in 2023.
E-commerce platforms lean into affordability this festive season
The push mirrors Meeshos affordability strategy, intensifying competition in Indias fast-growing value-commerce segment.
Data centre pre-leasing doubles amid rising AI demand
Demand is being driven by rising smartphone use and consumer AI applications such as OpenAIs ChatGPT and Googles Gemini.
