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Q2 Results Today, 17th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
Jios $3.2 billion IPO tests Ambani appeal with young Indians
Starlink said it was ready to provide high-speed internet in India after five years of work with regulators and industry partners. Its statement followed Musks criticism of Ambani over approval delays. Reliance said it welcomed competition and that Jios satellite services also awaited clearances.
Netflix has appointed former Disney executive Peter Rice to replace content chief Bela Bajaria as it confronts slowing viewership growth and engagement.
'This is the true face of Indias youth': Piyush Goyal praises youth at Mumbai Navratri celebrations
AISA president Neha Bora was released early Saturday after being taken into preventive custody ahead of the 'Lehra Do Tiranga' protest march at Connaught Place on Friday. CJP founder Abhijeet Dipke, who was also detained, was arrested under relevant BNSS provisions and will be produced before the SEM court.
Florida art dealer gets nearly 4 years in prison for scheme to sell fake Andy Warhol artworks
Florida art dealer gets nearly 4 years in prison for scheme to sell fake Andy Warhol artworks
Compass Files Suit Over California Home Listing Service Rules
Compass Inc., the top US broker for residential properties, sued Californias largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale.
Panasonic reverses stand on Indianising top deck, offers key roles to expats
Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners.
HSBC has deployed more than half of its $1 billion loan commitment to Indian startups within a year of launching its innovation banking platform. The British lender has reported strong demand across consumer technology, e-commerce and enterprise software, and is open to increasing its funding allocation. HSBC Global Head of Innovation Banking David Sabow said the bank expects to add at least 500 clients in India over the next year.
Film Rights Veteran Sajid Qureshi Enters Heritage Hospitality with Ooty's Mowbray
New Delhi [India], October 16: The man who has moved more than 2,500 films into living rooms is now moving into movie entertainment industry at Ooty with blockbuster movies.
Motor insurers seek third-party premium deregulation, end to knock-for-knock pacts
In responses to the regulator's consultation paper on insurance distribution reforms, some industry participants said automobile manufacturers and dealers influence commissions, discounting and repair costs, which could blunt the impact of the proposed curbs on intermediary remuneration, according to people aware of the matter.
Insurance changes positive, give the companies time to adapt: Theodoros Kokkalas, ERGO International
Theodoros Kokkalas, chief operating officer of ERGO International said greater predictability would help insurers make long-term business plans. We make plans, and today making long-term plans is like science fiction in the dynamic environment that we live in, he said. While India's general insurance industry is struggling to bring its combined ratio below 100%, with the industry average at 110-115% and ERGO is targeting a ratio of 80-85%, Kokkalas said there was no standard timeline for a market to reach that level.
Deakin forges landmark partnerships with CII and LinkedIn to advance India's future-ready workforce
New Delhi [India], October 16: As part of its commitment to deepening engagement in India and preparing learners for the future of work, Deakin University has established two landmark strategic partnerships with LinkedIn and the Confederation of Indian Industry (CII). Together, these collaborations strengthen the bridge between academia and industry, equipping learners with future-ready skills, valuable professional networks, and real-world opportunities to thrive in a rapidly evolving workforce.
Urban Company Q2 net loss widens to 182.48 crore; revenue up 41.4%
Urban Company's Q2 FY27 net loss widened to 182.48 crore despite a 41.4% rise in revenue to 537.29 crore. Its board approved a fundraise of up to 2,500 crore through QIP.
US fiscal 2026 budget deficit rises to $1.99 trillion, largest in 5 years
The US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year reached a record $7.40 trillion, while total receipts were $5.40 trillion. Net tariff receipts fell significantly, contributing to the deficit increase as refunds reached $145 billion. The debt-service outlays recorded a new high of $1.36 trillion during this fiscal year.
The new arrangement means employees on the standard plan will have to work within the allocated budget or seek additional funding to continue using the tool beyond the prescribed limit.
UCIL bets on greenfield mines, copper residue to double uranium output by 2036
UCILs production expansion plan comes as India seeks to increase domestic uranium availability to support its growing nuclear power programme.
Valuation of businesses run by under-35s rises 23% to Rs 48 lakh crore: Hurun report
The total valuation of businesses run by individuals under 35 in India rose significantly this year. The number of young business leaders increased from 155 to 180, showing notable growth. A total of 37 companies on the list are valued at over $1 billion, employing more than 5.88 lakh people. Meanwhile, the emergence of founders in the artificial intelligence sector has quadrupled.
World Bank ups India's GDP growth projection to 7.1% for FY27
India's exports have performed better than expected and are likely to provide the main upside to the FY27 growth outlook relative to the April forecasts, World Bank said in a report
Urban Company prioritizes InstaHelp growth as losses widen
Revenue rose 41.4% in the September quarter, but InstaHelps 174 crore adjusted Ebitda loss dragged down overall profitability as the company pursued expansion and prepared a 2,500 crore fundraise.
At just 12 years old, Evan LaBelle discovered his passion for 3D printing, which ultimately led him to establish Autotiv Manufacturing. His company currently boasts an expansive production facility equipped with over 200 3D printers, catering to the aerospace and robotics sectors. Honored as Young Entrepreneur of the Year, LaBelle is celebrated for his innovative contributions and dedication to community.
Oberoi Realty profit remains flat at 761 crore, revenue declines 6%
The Mumbai-based developer reported a 6.1 per cent decline in Q2 revenue to Rs 1,670.95 crore, while booking value stood at Rs 9,149.69 crore during the quarter
Karur Vysya Bank targets 18-20% credit growth in FY27, corporate lending capped at 20%
Karur Vysya Bank (KVB) aims for 18-20 percent growth in total advances for the fiscal year 2027. The bank focuses on retail, agriculture, and MSME lending, which constitutes 86 percent of its advances. Though corporate lending will be increased, high-value loans will be capped at 20 percent going forward. Gold loans are expected to see significant growth supported by lower borrowing costs.
Yes Bank weighs next steps after SC upholds verdict on AT-1 bond write-down
Yes Bank is examining the Supreme Court ruling regarding the write-down of Additional Tier-1 bonds. The Supreme Court upheld a prior Bombay High Court decision that quashed the bank's March 2020 action. Following the judgment, the bank is considering its legal options and future steps. The Reserve Bank of India and Yes Bank had previously appealed the High Court's ruling.
Bajaj Housing Finance Q2 profit rises 18% to 757 cr, income up 18.3%
Bajaj Housing Finance reported an 18% rise in Q2 FY27 net profit to 757 crore, while total income grew 18.3% to 3,251 crore and assets under management increased 25% to 1.58 trillion.
Mphasis extends Social Security Scotland deal in 35.4 million contract
The contract extension strengthens Mphasis presence in the public-sector technology services market in Europe, while deepening its role in supporting large-scale digital platforms that underpin essential citizen services.
Three-day raw material expo takes off in Coimbatore
ADB, Japan to finance AM Green Ammonias project
The project will convert a former ammonia and urea plant from natural gas fuelled production to renewable-powered green ammonia, with capacity to produce about 1.1 million tonnes per year
Crompton Greaves Consumer Electricals Ltd Q2 Results: Profit surges 65% to Rs 124 crore
Crompton Greaves Consumer Electricals reported a 65 percent increase in consolidated net profit for the September quarter. The company's revenue from operations also jumped by 18.15 percent compared to the previous year. Significant revenue growth was achieved in the electric consumer durable segment, especially in fans and appliances. Overall, the company's total income surged by 18.24 percent in the same period.
From Operation Sindoor to ADAS: Tonbo Imaging takes battlefield technology to civilian applications
Tonbo Imaging is leveraging its advanced military imaging systems to enhance road and railway safety as it prepares for a major IPO
Inside the Bharat D2C Conclave 2026, which brought founders, investors and policymakers together to discuss the business decisions shaping Indias direct-to-consumer (D2C) ecosystem, from scaling revenues and expanding distribution to using customer data and navigating regulatory requirements.
RBI approves merger of Emirates NBDs India branches with RBL Bank from 1 December
The move consolidates the Dubai-based lenders Indian operations with RBL Bank after its over 26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.
FSSAI issues notice to Gemini Edibles over rice bran oil claims, flags Delhis Radisson Blu hotel
The regulator cited unpermitted cholesterol claims, hygiene deficiencies, pest activity and food-handling lapses in its latest enforcement actions against food businesses
Urban Company net loss widens in Q2, revenue up 41.4%
The companys board also approved raising up to 2,500 crore through the issue of equity shares or other convertible securities via qualified institutional placement (QIP), subject to shareholder approval.
Chandrasekaran, P.B. Balaji to join Iveco board as Tata deal reaches final stage
While N. Chandrasekaran will join as Ivecos chairperson, P.B. Balaji and Girish Wagh Wagh will join as non-independent directors.
RapidCanvas raises $29 million in Series B round led by Vertex Ventures
The funding takes RapidCanvas' total capital raised to $52.5 million and will support expansion of its go-to-market teams, field AI engineering operations and partner network.
Tally Solutions plans to rebuild the core architecture of its 40-year-old accounting software to keep pace with AI, which its managing director says is essential for survival. Its AI product, TallyIra, automates document processing but keeps users in the loop to check entries.
LTM dividend, Q2 results 2026 alert: 25 per share payout, net profit slips 5% QoQ; check record date
LTM reported Q2 FY27 net profit of 1,397.9 crore, down 4% quarter-on-quarter, while revenue rose 13.6% year-on-year to 11,807.6 crore. The company declared an interim dividend of 25 per share, with October 23, 2026, set as the record date.
Snabbits FY26 loss widens 29-fold to 168 crore
Snabbit has raised $112 million across five funding rounds and was valued at $377 million following its Series D round
Ola Electrics 1,000 crore rights issue uncovers SEBI scrutiny, audit deficiencies
As Aggarwal announces 150 dealers, the EV makers offer document reveals allegations over sales and network claims, internal audit gaps
RBI approves Emirates NBD merger with RBL Bank from December 1: 5 key things to know
RBI has approved the merger of Emirates NBDs Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBDs 26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.
Boeing 737NG, ATR, Dash 8 upgrades on agenda of GMR Aero Technics pact with Canadian firm
Snabbit's expansion push comes at a cost as FY26 losses hit 168 crore
Snabbits FY26 loss widened nearly 30-fold to 167.75 crore as spending on workers and marketing outpaced revenue, while the economics of scaling instant home-help remain challenging.
Q2 Results Highlights, 16th October 2026: Stay tuned to get real-time market, business and financial news updates
Vi disrupts with Indias first prepaid family plan
Introduces a first-ever proposition that lets prepaid customers create A Vi prepaid family on the Vi app, enabling data sharing, assured savings and exclusive offersfrom anywhere in the country
DLF Q2 profit rises to Rs 1,301 crore as luxury project sells out
DLF reported a 11% year-on-year increase in July-September net profit to Rs 1,301 crore, with sales bookings reaching Rs 3,800 crore. Its Aureva luxury retirement project in Gurugram sold out, while the company maintained a strong net cash position.
Ujjivan SFB to raise Rs 409 crore from IFC, three insurers
Ujjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per share. The bank also reported a 200% year-on-year jump in Q2 net profit to Rs 365 crore.
Gold price, silver rate suffer weekly losses. Check latest gold rate predictions
Gold rate, silver price were up on Friday but both precious metals were jolted by weekly losses.
Ethereal Exploration Guild unveils 150-acre facility for reusable rocket development
Located about 40 km from Sriharikota, the facility will bring engine testing, vehicle integration, manufacturing and refurbishment capabilities together under one roof
SIMCA enters airport advertising market with 5 lakh monthly Shirdi deal
The contract is for an initial 24-month period from the date of execution, with a possible extension up to 36 months at MADC's discretion. The estimated consideration is 5 lakh per month, plus applicable taxes.
Mumbai (Maharashtra) [India], October 16: Raymond Lifestyle hosted a one-of-a-kind luxury gathering dedicated to the country's most celebrated bespoke wedding planners and an invitation-only soiree at The Chairman's Collection Flagship store in Bandra. Reckoned for being integral to weddings, this unique event is conceptualised to bring together over 40 of the planners behind India's extraordinary weddings, creating a rare space for collaboration, inspiration, and discovery.
Federal Bank Q2 profit jumps 45% to record Rs 1,386 crore
Federal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and deposits 19%, while asset quality improved, with gross NPAs declining to 1.32% during the September quarter.
Crompton Greaves Q2 Results: Profit Surges 65% To Rs 124 Crore
The revenue growth was driven by double-digit growth in general trade, highest-ever quarterly sales in international business, said CGCEL in its earnings statement.
AI drives 70% of orders on ecom platform Meesho via personalised ranking
Meesho's AI-powered Prism drives nearly 70% of orders, while its Chorus agent handles 60% of user queries as the e-commerce platform expands AI adoption across operations
Embraer has agreed to acquire a 51% stake in Mahindra Group-owned Novavayu Aerospace Limited, with the deal expected to close by December 1, 2026. The investment is set to expand Embraers presence in Indias commercial aviation and defence sectors.
Built Around You: How Customer Voices Are Shaping the Ai+ Smartphone Experience
New Delhi [India], October 16: Ai+ Smartphone is strengthening its customer-first approach by incorporating real user feedback into product and service improvements. Drawing insights from customer reviews, everyday device usage and after-sales interactions, the brand is addressing concerns related to camera stability, connectivity and performance through software updates, enhanced testing and more responsive customer support. This approach reflects Ai+ Smartphone's commitment to building not just for its users, but with them.
Tata Play launches streaming app to cater to connected TV households
The company said that the Tata Play Smart app will offer over 500 live channels without the need for a set-top box or dish antenna
Kotak Mahindra Bank among 5 stocks that hit 52-week highs & rallied up to 15% in a month
Five BSE 500 stocksShyam Metalics, PVR Inox, Kotak Mahindra Bank, Indian Hotels and Laurus Labshit fresh 52-week highs as the Sensex gained 413 points. All five stocks posted monthly gains of around 8% to 15%, signalling positive momentum.
HDFC, ICICI Bank Q2 earnings preview: deposit surge, margin pressure in focus
When HDFC Bank and ICICI Bank report their Q2 earnings on Saturday, investors will closely track their net interest margins, credit costs and management commentary on growth.
LTM reported a marginal 0.1% decline in Q2 FY27 profit to Rs 1,379.9 crore, while revenue rose 13.6% to Rs 11,807.6 crore. Enterprise AI and Business AI revenue grew 47%, and the company declared an interim dividend of Rs 25.
Telangana woos Hyundai for car plant, seeks to fast-track 8,528 cr R&D
Chief Minister Revanth Reddy pitches Hyderabad as an ideal location for Hyundai's car plant and assures support to expedite its Rs 8,528 crore R&D facility in Zaheerabad
Federal Bank's Q2FY27 results: Net profit rises 45% to 1,386 crore
The private sector lender reported a 26.4% rise in net interest income, a 26-basis-point expansion in margins and improved asset quality, with gross advances crossing Rs 3 trillion
Iveco Group shareholders approve Tata Motors' takeover proposals
Iveco shareholders approve takeover-related resolutions, lowering the minimum acceptance threshold to 80 per cent; Tata Motors' 3.91 billion tender offer is set to close on October 26
Federal Bank Q2 net profit jumps 45 pc on FCNR deposits
Federal Bank reported a 45% rise in Q2 FY27 net profit to 1,386 crore, aided by $1.5 billion raised through FCNR(B) deposits, while net interest income grew 26% to 3,153 crore
Shoppers Stop posts net profit of 3.11 cr in Q2, revenue grows 9%
Shoppers Stop reported a net profit of 3.11 crore in Q2 FY27 against a loss of 20.11 crore a year ago, while revenue rose 8.72% to 1,366.27 crore, driven by its premiumisation strategy.
India's First-Ever 500-Drum Bhakti Jamming Experience Comes to Mumbai with Maha Bhakti Rhythm Yatra
Mumbai (Maharashtra) [India], October 16: National award-winning, 8th-generation Kathak exponent Dr. Vinod Hasal, who took Kathak to South Africa in the Nelson Mandela era, invites Mumbai to leave all its stress behind at a bhakti jam with 500 drums, a djembe for every seat and loved voices from Sa Re Ga Ma Pa, Bigg Boss and Bollywood, with proceeds going towards ISKCON Kharghar's new auditorium.
Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%
Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets under management grew 25% to Rs 1.58 lakh crore, with asset quality remaining largely stable.
OfBusiness's AI-powered BidAssist expands reach beyond India's big cities
More than 60% of BidAssist's 1.7 million users are in Tier-II and Tier-III cities. The AI-powered platform tracks over 50,000 live tenders daily to help SMEs identify orders and assess bids
Federal Bank appoints Cognizants Rajesh Varrier as independent director
Federal Bank has appointed Rajesh Varrier as a non-executive independent director on its board. This decision follows the announcement of the bank's impressive financial results for the September quarter. Varrier previously served as president of global operations at Cognizant and brings extensive management experience. The bank reported a significant rise in net profit and net interest income in comparison to last year.
Indian equities extended gains as strong IT earnings lifted sentiment, with the Nifty rising 149 points to 23,146 and Sensex gaining 413 points. Tech Mahindra led advances, while broader markets slipped. Analysts flagged 23,000 as crucial for further upside.
Who is Uday Ruddarraju? Hyderabad-educated tech leader takes charge of OpenAIs computing business
Uday Ruddarraju, who joined OpenAI in 2025, was named chief technology officer for compute in July 2026.
Swiggy completes sale of Lynks Logistics to Trustroot Internet
Swiggy Limited has completed the sale of its shareholding in Lynks Logistics Limited to Trustroot Internet Private Limited. The transaction was executed through its subsidiary, Swiggy Networks Limited, and concluded on October 15, 2026. This sale follows previous communication from Swiggy on September 7, 2026, about the intended transaction. Consequently, Lynks Logistics is no longer a subsidiary of either Swiggy Networks or Swiggy Limited.
ITC Hotels expands NCR presence with 104-key 'Welcomhotel' in Manesar
ITC Hotels Ltd on Friday announced the signing of a 104-key Welcomhotel in Manesar, Gurugram, strengthening the brand's presence in the National Capital Region (NCR). Anil Chadha, Managing Director, ITC Hotels, said, As hospitality demand continues to evolve beyond traditional gateway cities, we remain focused on identifying destinations that offer strong long-term growth potential. Welcomhotel in Manesar is a strategic addition to our portfolio, bringing together a high-growth location, robust connectivity, and a thriving events market. The hotel's connectivity to key economic centres located in Delhi, Gurugram, Noida and Faridabad will enable it to capture growing demand from both corporate and social segments, while offering a less congested and more destination-oriented environment, ITC Hotels said in a statement. ITC Hotels currently has a presence across India, Sri Lanka and Nepal through a portfolio of more than 155 properties and over 14,200 keys.
Omaxe inks pact with Lemon Tree to manage 10 upcoming hotels worth 4,000 cr
The 10 projects span across Lucknow, Vrindavan, Amausi, Ghaziabad, Greater Noida, Amritsar, Kaushambi and Faridabad.
De Beers and Forevermark Diamond Jewellery Bring Jaipur's Royal Legacy into a New Chapter
Jaipur (Rajasthan) [India], October 16: Against the historic setting of Jaipur's City Palace, De Beers brought together heritage, contemporary culture and diamond jewellery for a landmark event that celebrated two significant new chapters for natural diamonds in India. The evening presented His Highness Sawai Padmanabh Singh of Jaipur as De Beers Group's advocate for natural diamonds in India, while Forevermark Diamond Jewellery marked its first anniversary in India with a new festive campaign featuring Princess Gauravi Kumari of Jaipur. Together, the two moments reflected De Beers' vision, from the natural origin, rarity and authenticity of diamonds to their contemporary expression through jewellery, design and personal style.
Yes Bank may take a blow in core capital ratio
South Indian Bank aims 16% loan growth in FY27 amid West Asia war risks
Private sector lender South Indian Bank is aiming for a 15-16 per cent credit growth in FY27, driven by the retail, agriculture and MSME (RAM) advances, a top official said on Friday. The RAM advances, which constitute 61 per cent of the book, are targeted to grow at a higher level of 17-18 per cent by the bank. Our festive-season growth strategy is focused on the RAM segment, particularly retail lending and gold loans. I expect South Indian Bank's overall advances to grow by around 15-16 per cent, with the RAM segment growing slightly faster, at around 17-18 per cent, said Mahesh Muralidhar Pai, managing director and chief executive officer of South Indian Bank, in an interaction with PTI. In the latest July-September quarter, the bank's gross advances increased by 18.67 per cent year-on-year to Rs 1,09,517 crore, up from Rs 92,286 crore in the year-ago period. Pai said the projection is cautious because the ongoing conflict in the Middle East is a key risk. If the war conti
Magicbricks names ex-CarDekho executive Mayank Jain as CEO, effective Oct 1
Real estate classifieds Magicbricks has appointed Mayank Jain as chief executive officer (CEO), effective October 1. In a statement on Friday, Magicbricks, one of the leading property platforms, said Jain has joined from CarDekho, where he served for over five years as CEO of Auto Classifieds. Jain has more than two decades of experience across digital, media, technology and consumer businesses. At Magicbricks, Mayank will focus on accelerating the company's next phase of growth by leveraging its digital capabilities, advancing technology-led innovation and strengthening its consumer-centric approach, the company said. His priorities would include driving business transformation, improving operational and financial performance, and further reinforcing Magicbricks' position in India's evolving real estate ecosystem, it added. Jain holds an MBA from INSEAD, a PGDM from Management Development Institute (MDI), Gurgaon, and a degree in Computer Engineering. He will be based at ...
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAM
The strategic sale of IDBI Bank to Canadas Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI approval, DIPAM Secretary Arunish Chawla said. Fairfax will acquire a 60.72% stake from the government and LIC for about Rs 53,000 crore, in what the government described as a major step in the banks long-delayed privatisation.
Omaxe, Lemon Tree ink pact to manage 10 upcoming hotels worth 4,000 cr
Realty firm Omaxe Ltd has signed an initial pact with Lemon Tree Hotels' arm to manage 10 hospitality projects being developed by the company with an investment of Rs 4,000 crore. In a regulatory filing on Friday, the company informed that it has entered into an MoU (Memorandum of Understanding) with Carnation Hotels Pvt Ltd, a wholly-owned subsidiary of Lemon Tree Hotels, to operate 10 hotel projects across India, comprising 4,000 keys. The 10 projects entail an estimated investment of about Rs 4,000 crore and span Lucknow, Vrindavan, Amausi, Ghaziabad, Greater Noida, Amritsar, Kaushambi and Faridabad. This is part of Omaxe's planned Rs 6,200 crore investments to develop 19 hospitality projects across five states. Mohit Goel, Managing Director, Omaxe Ltd, said, India's hospitality opportunity is expanding beyond established metropolitan markets, with Tier 2 and Tier 3 cities emerging as important destinations for business, leisure and pilgrimage travel. He noted that temple tow
Yes Bank Q2 preview: Will strong profit, NII growth offer relief for investors amid AT-1 bond saga?
Yes Bank is expected to post a 48% YoY jump in Q2 net profit to Rs 969 crore, driven by robust loan growth and higher NII. However, investor focus remains on the Supreme Court ruling invalidating its Rs 8,415 crore AT-1 bond write-off, which has pressured the stock.
Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upside
Nuvama Institutional Equities has initiated coverage on Laurus Labs with a Buy rating and a target price of Rs 2,520, implying a 24% upside from the current market price. The brokerage expects the drugmakers shift from its traditional anti-retroviral (ARV) business towards contract development and manufacturing (CDMO) to drive its next phase of growth.
Snabbit operator posts 168 cr loss in FY26; revenue rises to 12.25 cr
Maestroedge Solutions' revenue from operations rose to 12.25 crore in FY26, while total expenses jumped to 194.76 crore, led by service provider costs, marketing and employee benefits
Cornerstone Ventures eyes $250 million third fund in 2027
Cornerstone Ventures is also looking to exercise the greenshoe option on its second fund which has $250 million as the upper limit
DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global trade
DP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for faster infrastructure development and quicker project approvals to unlock trade potential. Despite challenges, Narayan believes that India remains attractive due to its growing economic scale. Enhanced logistics capacity is critical for supporting India's manufacturing and export growth.
AI startup RapidCanvas raises $29 million led by Vertex Ventures
RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.
Ambani taps Reliance's 420,000 employees to boost Jio IPO participation
The conglomerate has reached out to staff across its group companies and encouraged them to open trading accounts, as Mukesh Ambani seeks to build interest in the proposed $3.2 billion listing
Jindal Steel arm commissions Phase-I cargo terminal in Odisha
The start of commercial operations in Paradip will help Jindal Steel secure dedicated long-term access to the port
Mukesh Ambani taps massive Reliance workforce to boost Jios record IPO
Mukesh Ambani is mobilising Reliance Industries workforce to boost interest in Jio Platforms record IPO. The conglomerate has encouraged employees to consider investing, released October salaries early and set aside shares for eligible employees and Reliance shareholders.
