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Why 7-Eleven's India ambitions faltered despite Reliance Retail partnership
7-Eleven has shut its remaining 31 stores in Mumbai and Pune after its five-year franchise partnership with Reliance Retail ended
Bollywoods ageing stars leave a gap. Can young actors fill it?
Hindi studios are increasingly backing younger actors for major and mid-budget films as established stars age. Will the bet pay off for Bollywood?
Global AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI spending. Conversely, Indian IT stocks surged, adding Rs 26,000 crore in market cap as investors rotated into services over semiconductor hardware exposure.
Groww Q2 results preview: MOFSL sees 41% revenue growth; margins, derivatives business in focus
Billionbrains Garage Ventures is poised to unveil its Q2FY27 results, projecting impressive revenue growth compared to the previous year. Analysts from Motilal Oswal Financial Services anticipate revenues reaching Rs 1,434 crore. Additionally, the forecast for EBITDA reflects a significant year-on-year uplift, highlighting robust profitability. Nonetheless, concerns arise from margin pressures and a decline in derivatives revenue sequentially, making it vital to observe financial performance across various business segments.
Q2 results today: Hero Motors, Tata Elxsi, 20 others to report earnings
Q2FY27 results today: Hero Motors will report its first quarterly results since its stock market debut last month
Who is Lakshmi Venu and what is Venu Srinivasan's daughter's role in the TVS family succession row?
The TVS family is facing an internal dispute over wealth and economic interests, not management roles. Lakshmi Venu and her mother, Mallika Srinivasan, say no settlement has been agreed and are seeking dialogue and a fair process, following disclosures about Sudarshan Venus beneficial ownership.
Ircon International shares jump 7% on Rs 862 crore railway EPC contract win
Ircon International shares surged after the company secured an EPC contract worth Rs 862.46 crore from East Central Railway. The project involves track-related works, including laying and linking railway tracks and supplying materials for the third and fourth lines under the Son NagarAndal project.
Bandhan Bank shares jump 7% as Abu Dhabis IHC explores stake in promoter Bandhan Financial Services
Bandhan Bank shares jumped nearly 7% after reports that Abu Dhabi-based IHC was in early-stage discussions to acquire a promoter stake in Bandhan Financial Services, potentially giving existing investors an exit opportunity.
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%
Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns rattled global technology stocks. Broadcom and Intel executives flagged capital constraints, prompting investors to reassess the AI boom. Separately, OpenAI told investors its September annualised revenue was nearly $50 billion, below its earlier indicated figure of $70 billion.
Indias food regulator FSSAI is preparing tighter rules for quick-commerce platforms, including Blinkit, Instamart and Amazon Now, amid rising enforcement over food safety violations. Here's all we know
Old Monk sales ban costs Maharashtra govt 350 cr, company loses 500 cr
The liquor manufacturer told the Bombay High Court that the sales restriction has cost it over 500 crore, as a dispute with FSSAI over rum flavouring and labelling remains unresolved
Vedanta chairman Anil Agarwal urged businesses to stay hungry for growth, citing Samsungs evolution from trading to technology. His remarks came as Samsung projected nearly ninefold growth in Q3 operating profit to about $80 billion, driven by strong AI chip demand.
AI tools are reshaping Indias fast-growing microdrama market
Mobile video platforms and OTT players are using artificial intelligence models to lower production costs and personalize content discovery, though turning faster rollouts into sustainable viewer engagement remains a challenge, insiders said.
Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's why
Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order. Existing derivative contracts will continue until their respective December expiries.
Kolte-Patil Developers Q2 sales bookings rise 52% to record 1,019 crore
Kolte-Patil Developers Ltd on Tuesday reported a 52 per cent growth in sales bookings to Rs 1,019 crore in the July-September quarter on better demand for its housing projects. Its sales bookings stood at Rs 670 crore in the year-ago period. In a regulatory filing, the company reported its highest-ever quarterly sales of Rs 1,019 crore in the July-September period of 2026-27 fiscal, up 52 per cent year-on-year. For the first half of this fiscal, sales bookings reached a record Rs 1,636 crore, up 27 per cent from Rs 1,286 crore in the year-ago period. Hrishikesh Parandekar, Chief Executive Officer, Kolte-Patil Developers, said, Our robust performance in Q2 and H1 FY27, with record quarterly and half-yearly sales and strong collections, reflects the resilience of our business. The company saw strong sales in new projects and also sustained sales across its ongoing projects, he added. While demand has softened in the near term across the broader market, particularly in Pune, we
India's CRDMO sector is on the brink of expansion, backed by solid partnerships with major pharmaceutical players and comprehensive capabilities. Jefferies emphasizes the critical role of specialized manufacturing skills and a strong project pipeline for achieving success. With Divi's Laboratories and Sai Life Sciences excelling in these domains, there is potential for notable earnings growth.
On Tuesday morning, Indian equity benchmarks, Sensex and Nifty, showcased a robust recovery after a lower opening. The Sensex surged over 650 points, while Nifty ascended by nearly 200 points, surpassing the 22,550 mark. Driving this upward momentum, IT stocks saw notable gains, particularly HCL Tech, which soared more than 5% following its impressive Q2 results.
Global smartphone shipments record worst third quarter in 14 years amid memory shortage
Rising memory-component prices for AI infrastructure have raised production costs and prompted manufacturers to raise prices, cut shipments, and prioritise profitability over volumes
ICICI Prudential AMC shares rose 2% after reporting a 6% YoY net profit rise to Rs 889 crore in Q2 FY27. Major brokerages including Jefferies, Emkay, and Centrum retained positive ratings with revised target prices offering up to 30% upside potential, while a Rs 30 dividend was declared.
Another significant milestone: Railways share update on MumbaiAhmedabad Bullet Train project
The MumbaiAhmedabad Bullet Train project has completed all 14 portal beams over Vadodaras DelhiMumbai Rajdhani line. The 508-kilometre corridor is more than 80% complete in land and major structural progress, with its first operational stretch expected in 2027.
RBL Bank shares plunge 8% despite 170% jump in Q2 profit. Should you buy, sell or hold?
RBL Bank shares fell up to 8% despite a 170% year-on-year jump in Q2 FY27 net profit to Rs 481.7 crore. Strong net interest income growth and improved asset quality supported performance, while provisions rose. Nuvama raised its target price to Rs 500, citing the ENBD acquisition and FCNR deposit mobilisation, while Dolat Capital retained its Sell rating with a Rs 320 target.
Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch
Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to redefine its image as a technology powerhouse, with further details on pricing and plans expected soon.
Zoho co-founder Sridhar Vembu said employees would not get their usual pay hike this year amid rising AI costs and geopolitical challenges. He pledged efforts to avoid mass layoffs and warned of a grim outlook for software jobs as Indian IT firms rethink hiring and workforce skills.
Q2 Results Today, 13th October 2026 Live Updates: Several companies are scheduled to announce their results for the quarter ended September 30, 2026, on Tuesday. Hero Motors, ICICI Pru, Tata Elxsi, SS Retail, Anand Rathi Share are among the companies in focus as the September-quarter earnings season progresses. Follow this live blog for the latest results, key financial highlights and stock movements as companies announce their earnings.
HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?
HCL Tech shares rose after the IT services major reported a 21% YoY rise in Q2 FY27 net profit to Rs 5,132 crore. Revenue grew 12% to Rs 35,620 crore, while new deal wins stood at $3.26 billion. The company retained its FY27 EBIT margin guidance at 17.5-18.5% and projected constant-currency revenue growth of 2.5-4% for the full year.
Nuvama Wealth Management among 5 stocks showing White Marubozu pattern
Five Nifty500 stocks gained over 5% on October 12 and featured in StockEdges White Marubozu bullish scanner, indicating strong upward price momentum during the trading session.
Gallantt Ispat among 5 stocks showing RSI trending up
Five Nifty500 stocks featured in StockEdges RSI Trending Up scan on October 12, signalling strengthening price momentum as their Relative Strength Index (RSI) values crossed above 50 from below.
UPL among 3 stocks closed that closed crossing above VWAP
A closing price above the VWAP indicates that a stock ended the session above its volume-weighted average traded price.
Kalpataru Projects wins new orders worth 2,225 crore in T&D business
Kalpataru Projects has secured new orders and a letter of comfort worth about 2,031 crore, while its Swedish subsidiary won a 194 crore order
Avenue Supermarts among 4 F&O stocks with a sharp rise in futures open interest
Four F&O stocks, led by Avenue Supermarts, recorded over 6% gain in futures open interest on October 12. According to StockEdge F&O scan data, DMart surged over 26%, reflecting fresh position building alongside SAIL, Siemens Energy India, and Tech Mahindra in the derivatives segment.
Vaibhav Vyapaar IPO opens for subscription today: Check price band and other key details
Vaibhav Vyapaars Rs 42.10 crore IPO opens on October 13, 2026, on the NSE SME platform, with a price band of Rs 5154 per share. The NBFC will use proceeds primarily to strengthen its capital base. FY26 income rose 48%, while profit increased 33%, reflecting improved financial performance and growth.
BPCL Share Price Live Updates: BPCL's Price Movement Today
UPL among 3 stocks that closed above VWAP on October 12
Three Nifty 500 stocks, including UPL, Gallantt Ispat, and One97 Communications, closed above their Volume Weighted Average Price (VWAP) on October 12. According to StockEdge scan data, closing above the VWAP reflects strong underlying buying momentum during the trading session.
Britannia Share Price Live Updates: Britannia's Market Update
HDFC Bank Share Price Live Updates: HDFC Bank Stock Details
JSW Steel Share Price Live Updates: JSW Steel Stock Details
Power Grid Share Price Live Updates: Power Grid's Weekly Performance Shows Negative Returns
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Stock Update
FSSAI To Tighten Grip On $80 Billion Online Market
Over the past few months, the federal food regulator has intensified enforcement through investigations, including based on consumer complains, and penal action.
TCS Share Price Live Updates: TCS Shows Positive Momentum
Divis Labs Share Price Live Updates: Divis Labs achieves a 2.5% return this week
HCL Tech Share Price Live Updates: HCL Tech Surges Above 100-Day Simple Moving Average
Vedanta dividend alert! Last day to buy shares of Anil Agarwal-led company for Rs 5/share dividend
The company last week declared the interim dividend, which marks its first payout since the stock adjusted for its mega demerger earlier this year. The total dividend payout will be Rs 1,955 crore. Vedanta is closely watched by investors for its consistent track record of dividend payments.
Wipro Share Price Live Updates: Wipro's Stock Surges Past EMA
UltraTech Cem Share Price Live Updates: UltraTech Cement's stock shows negative trend
ICICI Bank Share Price Live Updates: ICICI Bank Dips Below Key Moving Average
Cipla Share Price Live Updates: Cipla's beta value points to stability
Eicher Motors Share Price Live Updates: Eicher Motors' 3-month performance shows a decline
TCS dividend alert! Last day to buy IT major's shares for Rs 12 dividend
The company last week declared the interim dividend, along with the Q2 results that kickstarted the September quarter earnings season for the IT sector. The latest dividend comes after TCS paid an interim dividend of Rs 12 per share to its shareholders in July.
IMF says AI investment propping up global growth, but war and debt threaten outlook
The International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, downside risks are increasing, leaving many countries vulnerable to rising debt. Key oil-producing nations are expected to face significant recessions due to ongoing conflicts. The outlook for developed economies such as the US and Eurozone is more stable, with growth revisions.
BMWs voluntary severance programme began with technical problems as heavy demand from about 40,000 eligible employees slowed or temporarily disabled its internal HR portal. The offers are part of a plan to cut 8,000 German jobs by 2027, focused on administrative roles.
RIL Share Price Live Updates: RIL's Weekly Performance Shows Negative Returns
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Breaks Above 20-Day SMA
The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilience amidst geopolitical tensions and depleting oil inventories. Advanced economies are projected to grow more slowly, while emerging markets may face slowdowns. Inflation is expected to remain high, impacting consumer prices worldwide. Policymakers are urged to strengthen fiscal measures and manage inflationary pressures effectively.
HD Fire Protect IPO opens today; GMP signals 30% listing gains, key details inside
The Rs 712.31-crore HD Fire Protect IPO is entirely an offer for sale (OFS) of 2.63 crore equity shares. As the issue comprises only an OFS, the company will not receive any proceeds from the offering. Instead, the entire amount raised will go to the selling shareholders.
HCL Tech sees revenue rebound, but AI deflation remains a concern
HCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new deals worth $3,258 million, indicating strong demand despite global uncertainties. While there is cautious optimism regarding AI's impact, the overall revenue guidance remained largely unchanged. AI-related revenue for HCLTech reached an annualized $876 million, accounting for a significant portion of total revenue.
Bank of India declares Rs 575 crore exposure to Future Enterprises as fraud
The Bank of India has officially marked its 575 crore exposure to Future Enterprises as fraudulent. Previously categorized as a non-performing asset, this account has been sufficiently provisioned. Future Enterprises, helmed by Kishore Biyani, entered insolvency proceedings back in 2022, focusing on retail infrastructure development and managing a variety of subsidiaries and joint ventures across different sectors.
Indian auto firms set up China bases as raw material costs and trade barriers mount
Companies like Ather Energy, Ceat, and Lumax Auto Technologies are establishing local offices, hiring Chinese executives, and setting up offshore units to optimize procurement costs, secure rare-earth inputs, and bypass mounting trade bottlenecks.
AMC stocks gain up to 33% in H1 FY27 despite market turmoil
Amid stock market fluctuations, listed asset management companies have successfully held their ground, thanks in part to robust retail investor support. Companies like Nippon Life India Asset Management recorded significant share price appreciation during the first half of FY27. Though SIP inflows dipped slightly from their peak levels, they retained a solid foundation, signaling ongoing investor confidence.
Can HD Fire Protect IPO deliver long-term growth for high-risk investors?
HD Fire Protect is set to generate 712 crore through an offer for sale, marking a pivotal moment in their funding strategy. Following the IPO, the promoter group's share will drop to 85%, down from the current 100%. Renowned for their fire protection solutions, they export over a third of their revenue internationally.
Titans beYon bet: Selling sparkle as lab-grown diamond prices fall
As prices of lab-grown diamonds fall, Titan is betting on colour, design and experimentation to build a brand that stands apart from affordability alone. But in a crowded market, beYon has yet to prove that its proposition can sustain demand.
No economic settlement in TVS family, daughter Lakshmi has equal rights, says Mallika Srinivasan
At the heart of the dispute is a memorandum of understanding (MoU) signed in March 2024, which Mallika says covers only brand rights and related obligations, not the ownership of family assets or an economic settlement.
Venezuelan crude comeback puts Reliances refining edge back in focus
Processing Venezuelan oil could help Reliance Industries generate a sustainable structural premium of $3 per barrel over domestic public sector refiners like Indian Oil Corporation Ltd, according to Yes Securities.
DHL joins NX Group in race to build semiconductor logistics in India
DHL plans to set up a chip warehouse in Dholera, its first dedicated semiconductor warehouse in India.
Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCON
Indian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, consistent outflows from foreign institutional investors, and pervasive global concerns. Attention now shifts to forthcoming announcements from major players like HCL Technologies and RBL Bank, with quarterly earnings expected to influence investor outlook.
Prime videos next act: ads, MX player and the big-screen bet | The Brand Equity Show
Prime videos next act: ads, MX player and the big-screen bet | The Brand Equity Show
Mallika Srinivasan and her daughter, Lakshmi Venu, look for a fair resolution regarding family wealth disputes. Their disagreement involves Venu Srinivasan and Sudarshan Venu concerning wealth distribution within the TVS Group. They emphasize that no equitable settlement has been reached despite ongoing discussions. The family believes transparent valuations and mutual consent are necessary for resolution. Management roles and economic ownership must be clearly distinguished in their negotiations.
Noel Tata, SDTT get until Oct 19 to respond to Venu Srinivasan, Vijay Singh complaint
Maharashtra Charity Commissioner has mandated that Sir Dorabji Tata Trust respond to governance allegations by October 19. Trust members Venu Srinivasan and Vijay Singh have raised concerns over governance lapses. They questioned the trust's recent involvement in Tata Sons' commercial decisions and Noel Tata's role as trustee. Seven Tata Trusts have filed caveats in response to the growing governance dispute.
Blue chips get the blues: Top 10s MCap share hits decade low
India's top 10 listed blue-chip companies are experiencing a decline in market capitalisation share. This decline is attributed to sustained foreign portfolio investor selling and large-cap stock underperformance. The top 10 companies now account for around 17.65% of the total market capitalisation as of October 9. Despite this, domestic flows are supporting the broader market and smaller companies are outperforming large caps.
US Midterm elections 2026: Republican have a gaping financial advantage over their Democratic counterparts a disparity that has been a rare bright spot for a party that is bracing for major potential losses amid deep voter frustration over the president's performance, stubbornly high prices and the unpopular war with Iran.
India draws $351 billion in Greenfield FDI, outpaces China
Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors amid a sweeping global realignment. He, however, stressed on sustained focus on infrastructure development, skilling and cost competitiveness for India to further enhance its manufacturing footprint on a global scale.
Bengaluru (Karnataka) [India], October 12: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, has signed a Joint Development Agreement (JDA) for a 12.76-acre land parcel in Sathanur, North Bengaluru, with an estimated Gross Development Value (GDV) of Rs 2,500 crore.
JPMorgan, Goldman Curb Exposure on $5 Billion Volta AI Loan Sale
JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.
IRDAI may allow transition period for insurance fee cap
IRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while maintaining that distribution costs must be aligned with the value delivered to the policyholder, and selling incentives must reward persistency rather than first-year sales.
ADNOC supplied more than 500,000 barrels of crude a day to India in 2025, almost one in ten barrels of [Indias] crude imports. The company is exploring opportunities with ISPRL to expand storage of crude oil, LNG and LPG, including strategic reserves
Adani has begun construction of 10,432 rehabilitation homes for eligible Dharavi residents on a 22-acre Matunga railway site in Mumbai. The project includes 10 high-rise towers, commercial units and community facilities, with completion planned in phases until 2030.
Tata Trusts seeks more time to reply; Charity Commissioner grants a week
While Sir Dorabji Tata Trust was told to reply by October 12, it sought more time
HCLTech expects little workforce impact from the US suspension of PERM applications, citing its limited recent use of the programme and increased recruitment of local talent. Analysts say the move is unlikely to significantly affect Indian IT firms, though it could complicate some H-1B extensions.
HCLTech beats estimates, but Q2 growth slips to three-year low
HCL Techs advanced AI revenue jumped 28% sequentially to $219 million, while net profit jumped 10.25% during the same period to $538 million.
RBL Bank expects to put most FCNR(B) funds to profitable use in 2-3 years
RBL Bank expects its net interest margin to decline in the December quarter as the cost of about 34,000 crore raised through FCNR(B) deposits kicks in, while much of the funds remain parked in lower-yielding investments.
No economic settlement reached within Venu Srinivasan family: Lakshmi Venu, Mallika Srinivasan
Differences have arisen within the Venu Srinivasan family concerning the economic settlement of their assets. Lakshmi Venu and Mallika Srinivasan stated that no agreement on asset distribution has been reached. They emphasize that management roles do not equate to division of economic interests. Their recent memorandum of understanding mostly addresses brand use and non-compete agreements.
No economic settlement reached in TVS family: Lakshmi Venu, Mallika
Lakshmi Venu and Mallika Srinivasan say no agreement has been reached on economic ownership within the Venu Srinivasan family, calling for a fair and transparent settlement
Sir Dorabji Tata Trust gets a week more to respond to complaints by two trustees
SDTT, which holds 27.98% of Tata Sons, has sought an extension to respond to the Charity Commissioners queries on complaints filed against it. The deadline is now extended to 19 October.
Polycab Indias F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency order
NSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. Separately, NCLAT has stayed the NCLT order admitting insolvency proceedings against the company over an alleged Rs 2.79 crore operational debt, pending further orders.
Indian Gas Exchange secures Sebi's nod to float IPO
Indian Gas Exchange Ltd has received approval from Sebi to launch an initial public offering. The proposed IPO is exclusively an offer for sale of equity shares by promoter Indian Energy Exchange Ltd. IGX aims to enhance its visibility and strengthen its brand image through this public listing. The company has been operational since June 2020 and reported increasing revenue in recent years.
Festive online sales trail last year by up to 10% as shoppers opt for smaller baskets
The research firm estimates that mobile phones will account for 30% of festive sales this year, compared with 35% last year
Banks seek clarity on RBI's new forex curbs, flag operational challenges
The measures, announced over the weekend, have raised questions about maintaining the Foreign Exchange Risk Reserve, recovering the associated costs from customers and calculating the notional value of transactions involving multiple options strategies.
The new deadline is October 19
