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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 Q2 revenue rises 18% y-o-y to 19,206 cr; store count at 518
D-Mart Q2 revenue climbs 4.7% q-o-q
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.
Pressure continues to mount on fuel retailers amid higher global energy prices, as Nayara Energy, India's largest private fuel retailer, has increased fuel prices with immediate effect. Petrol prices have been increased by 5 per litre, while diesel prices have risen by 3 per litre.
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.
Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami
Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami
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.
Paramount-Warner Bros merger: David Ellison names combined company Skydance
Paramount Skydance CEO David Ellison says the combined company will retain Paramount and Warner Bros as distinct entertainment brands, while Skydance becomes its corporate identity as the $110 billion deal moves towards completion.
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.
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.
Tata Trusts chairman Noel Tata has sought the video recording and minutes of the September 17 Tata Sons board meeting that reappointed N Chandrasekaran for another five years, executives said. He also questioned the process of obtaining legal opinions after the meeting and said he was not given adequate time to present his views.
'I'm getting good at it': Trump mocks third impeachment threat if Dems take Congress in midterms
What is happening to the Indian IT bench?| Explained
Once a strategic buffer against fluctuating project demand, the IT bench is becoming a more tightly managed pool of talent, shaped by utilisation, changing demand and the growing premium on specialised skills
Fuel subsidies may top $1 trillion: UN
The UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found the number of countries deploying different relief measures nearly doubled between April and September as the war's impact continued.
Fresh protest at Jantar Mantar on October 10 if CEC Gyanesh Kumar does not resign: CJP leader Dipke
The Cockroach Janta Partys Abhijeet Dipke has announced a protest at Delhis Jantar Mantar on October 10 if Chief Election Commissioner Gyanesh Kumar does not resign.
Adani Group has announced plans to invest over 6 lakh crore in Maharashtra across multiple sectors. The investments are aimed at aiding Maharashtra's goal of becoming a $1 trillion economy by 2030. The group has committed to significant infrastructure projects, including the management of Mumbai's airports and renewable power sourcing. Additionally, the Dharavi Redevelopment Project will transform the area with modern housing and economic opportunities.
Boeing 737 Max Glitch Found Not to Be Safety Issue by FAA
A software glitch affecting Boeing Co. 737 Max aircraft was determined not to pose a safety risk by a Federal Aviation Administration panel, a positive outcome for the US planemaker seeking regulatory approval for the largest variant of the popular narrowbody family.
GST relief for gaming companies raises hopes across the sector
Tax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court ruling on real-money gaming.
Bagchi's big test at HDFC is winning back trust
Ex-minister, former hockey captain Pragat Singh named new Punjab PCC chief
Pragat Singh has been appointed as the president of the Punjab Pradesh Congress Committee. He succeeds Amrinder Singh Raja Warring, who resigned amidst internal party dissent. Singh is recognized as a former captain of the Indian hockey team and has political connections. His leadership style and ability to unite the party are under scrutiny by Congress members. Warring acknowledged the support of Rahul Gandhi during his time in leadership roles.
NBFCs first stop for many new borrowers
Linking flydubai co-pilot to Oman establishment uncalled for, sources say
Linking the flydubai co-pilot accused of attacking the pilot and attempting to crash the Tel Aviv-bound flight to Omans establishment or Royal Family is completely uncalled for and called for a thorough probe into his background, diplomatic sources told ET.
Before the upcoming 2026 midterm elections, voters are encouraged to check their registration status for accuracy. They should visit Vote.gov and follow the provided links to their state election website. Verification is essential, particularly after moving or changing their name, as rules may differ by state.
'Biden admin let come': Mullin unveils massive border number, says '2,210 security threats'
'He pretends to eat meat at BBQ, excuse me!': Trump mocks James Talarico in fiery Texas Senate race
After relocating to Panna, Guddi Devi and Rajkumar Shrivas decided to lease a mining pit. They discovered four diamonds during their six-month digging effort, including two high-quality stones. The diamonds, weighing a total of 5.16 carats, are valued at approximately 12 lakh. These diamonds will be sold through a government auction, with royalties and taxes deducted from the proceeds.
Just do it: Goyal's message to Nike on investment in India
Commerce Minister Piyush Goyal met with Nike executives in Milwaukee during the G20 Trade Ministers' Meeting. He encouraged them to enhance investments in India's growth story and local sourcing initiatives. Goyal emphasized the importance of deepening Nike's presence in the Indian market and expanding manufacturing opportunities. The discussions also focused on improving the broader sports ecosystem in India.
UPI volume jumps 27% to touch 145 bn in first half
This is against UPI volume 114 billion during April-September quarter of the previous financial year, as per data released by the National Payments Corporation of India
FPIs turn net sellers, pull out 35,860 crore in September
The outflows came after FPIs invested 20,200 crore in Indian equities in July and 29,630 crore in August
GOBARdhan eyes 10-fold increase in CBG output: Hardeep Singh Puri
Hardeep Singh Puri said the scheme provides capital assistance as well as guaranteed offtake of the renewable fuel made by processing organic waste such as agricultural residue, animal dung, food waste and other biomass
Pakistan violence-linked fatalities surge 83 per cent in Q3 2026: Report
A report from the Centre for Research and Security Studies reveals a dramatic surge in violence-related deaths in Pakistan. Compared to previous quarters, fatalities soared by 83 percent in the third quarter of 2026, primarily affecting Balochistan and Khyber Pakhtunkhwa. The bulk of these deaths were attributed to criminal elements, underlining a deepening crisis in internal security across the nation.
China widens military footprint with Laos air base
China recently opened its first overseas air force base in Laos to enhance military training and influence. The base will train Laotian air force pilots and potentially house Chinese military assets. This move reflects China's ambition to expand its military presence beyond its borders. The facility could serve as a training ground for Chinese personnel and equipment. Regional partners, especially the US, are monitoring the developments closely for potential implications.
Pargat Singh takes over as Punjab Congress chief, replacing Raja Warring
Pargat Singh has been appointed as the new president of the Punjab Pradesh Congress Committee. He replaces Amarinder Singh Raja Warring, who resigned earlier that day. Warring acknowledged his tenure and shared his views with Rahul Gandhi regarding the state organisation. The leadership change comes as Congress prepares for the 2027 Punjab Assembly elections. Working presidents and committee chairpersons in Punjab will maintain their roles during this transition.
Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. Indias funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions.
RIL plans 1 trn investment to set up CBG projects in Andhra Pradesh
Anant Ambani says the compressed biogas projects will create over 300,000 jobs and generate 600 billion in revenue for Andhra Pradesh over the next few decades
The launch marks the companys latest move to bring electric mobility technology to heavy-duty industrial applications traditionally dominated by diesel-powered equipment.
Saroj Poddar Group, Keventer launch real estate-focussed AIF, target 400 crore corpus
The category II Alternative Investment Fund, the first AIF launched by a real estate developer from West Bengal, is expandable to 600 crore through a 200 crore greenshoe option
A home away from home for gig workers
Most platforms treat riders as a cost item: Vuchi
Below normal monsoons impact on rural demand a key concern for FMCG sector
Analysts also point out that rural demand is expected to be uneven as some regions have witnessed more severe rainfall shortages compared to others
GP Petroleums to raise 130 crore from RevX fund to finance expansion
The board-approved financing comprises 30 crore of non-convertible debentures with a 36-month tenure and 100 crore of optionally convertible debentures for 18 months, to be issued through private placement
GAILs Director (Marketing) Sanjay Kumar to take over as Petronet LNG MD & CEO in May 2027
Kumar will replace Akshay Kumar Singh, who retires on May 12 next year.
Kiska BaaS is the best? Tata Motors, Mahindra, MG and Maruti EV offers put to the test
Mahindra leads on quoted battery-financing costs, while Tatas portfolio-wide rollout broadens the contest across Indias fast-growing EV market
Reliance will invest 1 lakh crore in Andhra Pradesh to set up CBG plants, create 3 lakh jobs and boost clean energy and agriculture.
Global Health, the parent corporate entity that owns and operates the Medanta hospitals, has now acquired a new land in Ghaziabad as a part of their expansion in Delhi-NCR region. Here's what you need to know.
Auto-component order wins: Decoding LTV and its implications for revenue visibility
LTV measures the size of the opportunity, not the speed at which it reaches the revenue line. It needs to be read alongside duration, SOP and revenue ramp-up.
Coal India ramps up supplies in September as power demand rises
CILs coal production grew by 9.18 per cent to 53.50 mt compared with 49 mt last year
David Ellison reveals new name for Paramount-Warner Bros. Discovery company: Skydance
The announcement comes less than two weeks after Paramount settled an antitrust lawsuit with a group of state attorneys general that sought to block the $110 billion merger.
SBI leads demand, snaps up 40% of Reliance Industries 13,000 crore bond issue
The state-run bank is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering, they said. The bonds were rated AAA by rating agencies Crisil and CareEdge, and carried an annual coupon of 7.90%.
ICICI Prudential Life appoints Sidharatha Mishra as new MD & CEO
Mishra will take charge as chief operating officer from October 6 and as MD & CEO from October 14 or the date of IRDAI approval, whichever is later
Asian Games 2026: India beat China 1-0 to win women's hockey gold, secure LA Olympics berth
India defeated China 1-0 in the women's hockey final on Friday to win gold at the Asian Games 2026. The victory also secured India's direct qualification for the 2028 Los Angeles Olympics. The Indian women's team sealed the continental title after a closely contested final against hosts China.
Ronald Read did not work in finance. He spent about 25 years at a Vermont gas station before working as a janitor at J.C. Penney for another 17 years. He left the store in 1997. Yet Read quietly built an investment portfolio worth millions. After his death in 2014 at age 92, his estate was valued at nearly $8 million, including stocks and property.
Meet Sudhakar Malli, RBI's new Executive Director and banking supervision veteran
Malli is a career central banker with around three decades of experience, including more than two and a half decades in the supervision of banks, non-banking financial companies and co-operative banks.
Wipro has taken a different approach to bench management in Indias IT industry, giving junior and mid-level employees up to six months to find a new billable assignment.
Branch boy to CEO: Who is ICICI Lifes Mishra?
Reliance plans 1 trillion investment in Andhra Pradesh, says Anant Ambani
Reliance Industries plans to invest Rs 1 lakh crore in Andhra Pradesh to set up compressed biogas plants, creating more than 3 lakh jobs and generating nearly Rs 60,000 crore in revenue for the state over the coming decades, the company's executive director Anant M Ambani said on Friday. Speaking at the foundation stone laying ceremony for the Rayalaseema Horticulture Hub and Indian School of Agriculture in Madanapalle, Ambani said the investment would support the state's transition towards cleaner energy while creating new opportunities for farmers. Our kisans, who ensure India's food security, will now strengthen India's energy security too - making India self-reliant in energy, he said. That is why Reliance Industries is grateful to the Government of Andhra Pradesh for the opportunity to invest Rs 1 lakh crore in the state to set up compressed biogas (CBG) plants. CBG is a renewable fuel produced by processing organic waste such as agricultural residue, animal dung, food was
ICICI Life Insurance appoints Sidharatha Mishra as MD, CEO from October 14 - Who is he?
ICICI Life Insurance Company on Friday ( 2 October) appointed Sidharatha Mishra as managing director and CEO effective October 14, according to exchange filing.
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC Bank
ICICI Life Insurance Company on Friday appointed Sidharatha Mishra as managing director and CEO, effective October 14. The appointment comes after current CEO Anup Bagchi resigned from the company, with his resignation taking effect on October 13. Mishra will succeed Bagchi as head of the life insurance company.
Rosetta Hospitality lines up 650 cr for Sakleshpur, Goa, Kallepura expansion
Corporate conferencing has emerged as Rosettas biggest segment after leisure, accounting for nearly 100 days of the year
