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'We may do another Epic Fury': Trump warns Iran of potential strike if deal not reached
Donald Trump issued a military warning to Iran during a campaign rally, suggesting possible future strikes. He highlighted the importance of diplomatic negotiations, implying that Iran's leadership may not be sufficiently strategic. Trump discussed the US Navy's presence in the Caribbean and noted Senator Marco Rubio's role in diplomacy. Additionally, he announced a federal investment of $250 million to hire new nurses for elder care facilities.
Wheat cultivation depends heavily on assured irrigation, and farmers are less vulnerable to variations in rainfall.
US Intel warns of threats to American diplomats in West Asia: Report
A recent intelligence report indicates that Iran is intensifying its attacks on American diplomats in the Middle East. The U.S. Department of State has ordered the departure of non-emergency personnel in Saudi Arabia. Security concerns have risen due to Iranian-backed Houthi forces targeting civilian infrastructure in the region. Additionally, President Donald Trump has warned Iran of potential military action if negotiations do not succeed.
Ukrainian negotiator says local humanitarian ceasefire with Russia will start on Tuesday
A ceasefire in the Kherson region of Ukraine will commence to enable humanitarian efforts in Oleshky. Melania Trump has played a crucial role in organizing aid delivery and civilian evacuations. The agreement was reached between Ukrainian, Russian and US negotiators ahead of the mission. Civilians in Oleshky are facing dire conditions with limited food and medical supplies. Safety measures for the mission will include mine clearance and secure evacuation routes.
Nuclear power could more than triple by 2060, UN agency says
Rafael Grossi from the IAEA forecasts that nuclear power usage may more than triple by 2060. This increase will be driven by rising demands for electricity, especially from data centers powered by artificial intelligence. Grossi emphasized the importance of nuclear energy for energy security and its safety compared to other options. He also highlighted concerns regarding nuclear programs in Iran and North Korea, urging diplomatic efforts.
First tanker of Russian diesel sets sail for the US in Trump's controversial deal with Putin
A tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in Ukraine due to Russia's ongoing invasion. U.S. political figures criticized the agreement as it contravenes existing American laws and may benefit Moscow. Ukrainian President Volodymyr Zelenskyy expressed disappointment over the decision and its potential impacts.
Beyond the stipend: how firms are competing for MBA interns
Companies are turning internships into the primary way of hiring management students, offering tuition waivers, scholarships, housing, live projects and leadership access.
Government weighs 40,000-crore plan to modernise textile clusters over five years
The proposed Textile Expansion and Employment (TEEM) Scheme is part of a broader push to boost textile and garment manufacturing and exports, and capitalise on key free trade agreements signed by India in recent years, including those with the UK and the European Union.
Trinidad and Tobago in talks with ONGC Videsh, Oil India to refine Venezuelan crude
The Caribbean government has proposed that the two Indian oil companies process crude from neighbouring Venezuela at the Guaracara refinery in Pointe--Pierre, which forms part of the former Petrotrin complex and is currently under renovation.
Hunter Biden Laptop case: The case was filed less than two weeks before the November 3 elections via criminal complaint, which means prosecutors have not yet presented the allegations to a grand jury for an indictment.
Uttar Pradesh: Congress seeks over 175 Seats from Samajwadi Party
Congress has approached Samajwadi Party regarding contesting a significant number of seats in Uttar Pradesh. While Congress has proposed 175 to 200 seats, Samajwadi Party considers this demand excessive for the party's strength. Currently, Congress holds only two seats in the UP assembly of 403 members. The leadership of both parties will meet for discussions on seat-sharing arrangements.
'Ilhan Nur Said Elmi': Trump calls for Omars resignation, revives controversial name allegation
With the feedback window closing on October 25, the coming days will show how far IRDAI is willing to adjust commission levels, disclosure rules, and clawback provisions to address LIC agents livelihood concerns.
Tata Sons AGM deadline nears as Tata Trusts deadlock clouds voting
Tata Sons is currently observing the situation involving its majority owners, Tata Trusts, regarding governance issues. The annual general meeting (AGM) deadlines are approaching and require shareholder majority for resolutions. Important changes in trustee roles could affect voting dynamics significantly. Legal experts suggest focusing on regulatory clarity to facilitate successful AGM execution. Clear representation and consensus among the trusts are critical for passing necessary resolutions.
Coforge Q2 results: Net profit surges 56.5% to 588 cr, revenue up 53.6%
Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday. The IT firm had posted a net profit of Rs 375.8 crore in the same period a year ago. Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused, Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings call. Coforge signed 8 large deals the highest number signed in a single quarter across North America, Europe and Australia, which led to a total contract value of the new orders of USD 1.04 billion during the reported quarter. The company increased the operational profit margin guidance to 17 per cent for the next year from the range of 15.5 per cent to 16 per cent. Revenue from operations during the reported quarter increased by 53.6 per cent to Rs 6,171 crore from Rs 4,016 crore a year
Bank of India expects NIM to rise to 2.55% in H2 FY27 after RBI rate hike
Bank of India expects margins to improve in H2 FY27 as faster loan repricing offsets slower deposit-cost increases, while strong FCNR(B) inflows boost liquidity but weigh on near-term NIMs.
Apple India revenue grows 32% to cross 1 trillion mark in FY26: Tofler
iPhone maker Apple's India revenue grew by over 32 per cent to Rs 1,04,607 crore in FY26, according to the document shared by market intelligence firm Tofler. The company recorded revenue of Rs 79,060.5 crore in FY25. Apple India Private Limited provides and markets Apple brand products and software, and reported its revenues for the financial year 2025-26 at Rs 1,04,607 crore, a 32 per cent jump since the last financial year, Tofler said. Apple India net profit grew by 66 per cent to Rs 5,311 crore in the same fiscal. The company's total expenses for the fiscal were reported at Rs 96,224 crore, Tofler said.
Tata Sons listing row: What Parsi, Zoroastrian groups want PM Modi to protect
The community organisations' letter adds another dimension to the debate, framing the issue as one involving not only corporate governance and regulatory requirements but also the Tata Group's institutional identity and philanthropic commitments.
Godrej Properties plans 32,000 crore project launches in H2 FY27: CEO
Godrej Properties has lined up project launches worth over 32,000 crore for H2 FY27, even as its Q2 net profit fell 62% YoY to 154 crore, while cash collections rose 31%
The new rules mandate strict leverage ratios from 1 April 2027 to strengthen balance-sheet resilience. The RBI turned down banks request for additional time to prepare.
American Express plans to cut about 3,500 jobs, roughly 5% of its global workforce, as it seeks to streamline operations and improve efficiency. The announcement came alongside stronger third-quarter results and an upgraded 2026 earnings forecast.
Trump admin seeks to block Alaska Senate result if Republicans lose
The US Justice Department is seeking to invalidate Alaska's Senate election results if the Republican incumbent loses next month, in a rare legal move that raises questions about the Trump administration's willingness to accept defeat in the midterms. Democrats have accused the Trump administration of seeking to influence the November vote by expanding federal control over state-run elections and by repeatedly questioning the integrity of election results.
Bajaj General Insurance appoints former Manappuram head Deepak Reddy as CEO-designate
Bajaj General Insurance has named Deepak Reddy, former CEO of Manappuram Finance, as CEO-designate from 1 January 2027, subject to regulatory approval.
In Trappes and La Verriere, a Paris suburban area, a gunman opened fire, killing one person and injuring several others. Authorities suspect the attack to be racially motivated, leading them to classify it as a terrorist crime. A twelve-year-old girl was among the seriously injured, reflecting the attack's random targeting of passersby. The suspect was arrested shortly after the shootings, which happened in under fifteen minutes.
Coforge net profit rises 56.5% as record deal wins boost growth
September-quarter revenue climbs 53.6% to 6,171 crore; fresh order intake doubles year-on-year to $1.04 billion as company raises FY27 EBIT margin guidance to 16%
Government to modify labour survey to capture gig economy, unpaid household workers
Periodic Labour Force Survey will include additional questions to measure labour underutilisation
Shree Cement profit slips as fuel, power bill climbs
Before Shree Cement, UltraTech also saw fuel and freight costs eat into its profitability; however, the market leader was able to manage the cost burden better due to its higher scale and better negotiation power.
EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26
EAAA India Alternatives has successfully raised approximately Rs 360 crore from anchor investors prior to its IPO. This IPO is set to open for public subscription on October 26. The company will not receive any proceeds from the issue as it is an offer for sale. Prominent institutional investors and major domestic mutual fund houses participated in the anchor allocation.
BPCL Q2 net profit falls 21.5% to 4,863 crore on weak marketing margins
BPCL's Q2 FY27 net profit fell 21.5% YoY to 4,863 crore as weak marketing margins weighed on earnings, even as revenue rose 30% and refinery throughput increased 6%
RBI Bulletin: Indias strength faces fresh test as US-Iran war fuels inflation
RBI says Indias economy remains resilient, supported by strong domestic demand and rising exports, despite growing geopolitical tensions in West Asia.
Bank of India Q2 profit rises 25% to 3,202 cr on strong NII, recoveries
Bank of India's net profit rose 25.3% to 3,202 crore in Q2 FY27, supported by higher net interest income and recoveries from written-off accounts despite rising provisions
JSW Steel profit more than triples on strong demand, beats Street estimates
Higher realisations and strong domestic demand drove a surge in September-quarter earnings, as the steelmaker cleared 16,150 crore in fresh capex to support its long-term growth targets.
The case centres on how the companies import bulk Scotch concentrates from Britain and blend them in India to produce popular local brands such as Royal Stag, Blenders Pride and McDowells.
Infosys caps dull second quarter for Indian IT
The management of Infosys pointed to the challenging macroeconomic environment, hinting at rising competition and increasing client demand to save costs using artificial intelligence.
JK Tyre Q2 net profit declines by 71% y-o-y to 65 crore due to geopolitical tensions
EBITDA) margin contracted sharply to 7.1 per cent from 13.3 per cent
NLC India lines up 37,000 crore for power and mineral projects in Odisha
The proposed 3,200 Mw thermal power plant will cost Rs 35,000 crore, alongside a Rs 2,000 crore beach sand mineral processing facility and a planned coal gasification-fertiliser project
What is EU investigating Booking.com for? Fake hotel listings, phishing scams and more | Explained
The European Commission will examine how Booking.com labels paid listings. Regulators want to establish whether the platform clearly informs users when accommodation providers pay to have their properties appear higher in search results.
Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs. Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.
Groww rolls out US stock investing to all customers, offers access to 10,000 stocks and ETFs
The expansion comes as Indian retail investors gain access to international markets through digital investment platforms
Jana Small Finance Bank Q2 profit jumps 127%, raises FY27 growth outlook
Jana Small Finance Bank reported a 127% year-on-year rise in Q2 profit to Rs 170 crore, supported by business growth, higher margins and improved gross asset quality. The bank raised its annual profit growth guidance to 100%, while loans and deposits expanded.
The DIPAM secretary's assurance comes as IDBI Bank employees oppose the governments divestment plan and have called for a strike across the lenders branches in early November. The United Forum of Bank Unions has also extended support to the proposed strike.
BPCL Q2 net profit falls almost 22% to 4,863 crore
Higher refining margins offset by marketing losses on petrol, diesel and LPG; under-recoveries rise to 17,334 crore
Swiggys Instamart faces 3x scale gap with Blinkit as losses hit 895 crore
Swiggys quick-commerce NOV rises 34.8% y-o-y to 6,594 crore; network and economics lag Eternals Blinkit
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
Jindal Steel Q2 profit rises 21% as revenue hits record Rs 19,448 crore
Jindal Steels Q2 FY26 profit rose 21% year-on-year to Rs 771 crore, while revenue surged 44% to a record Rs 19,448 crore. Higher steel production and sales boosted earnings, while adjusted EBITDA grew 33% and net debt declined sequentially.
BPCL Q2 Results: Net profit declines 21% YoY to Rs 4,863 crore, revenue grows 29%
BPCL reported a 21.45% year-on-year decline in Q2 FY27 profit to Rs 4,863.05 crore, despite 29.78% revenue growth. Sequential performance rebounded sharply from a quarterly loss, while the company approved a subsidiary for its proposed Andhra Pradesh refinery.
RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons
India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Bank of India's stance on the listing of Tata Sons without commenting directly on the company.
Honeywell Aerospace scouts for more MRO partnerships in India
Companys senior executive cites India as a major sourcing market, with over 100 parts suppliers
Dr Reddys Q2 FY27 net down 36% at 925 cr
Provision for Semaglutide inventory and lower lenalidomide revenues in North America hit performance
Tanmay Bhat backs Chapter Home: Ex-PharmEasy executives raise 63 crore for home and kitchen brands
Chapter Home, founded in 2025 by five former PharmEasy executives, has raised 63 crore in a mix of equity and debt from Bessemer Venture Partners, Stride Ventures, comedian and influencer Tanmay Bhat and family offices.
Godrej Properties lines up 32,000 crore of launches in second half of FY27
The Mumbai-based developer aims to hit its 39,000 crore full-year sales target on the back of premium project rollouts, even as higher expenses weighed on its September-quarter profit.
Oil India discovers natural gas in KG Basin's shallow offshore waters
The discovery at the Godavari-1 well in the Matsyapuri formation recorded natural gas flow of up to 2 lakh standard cubic metres per day during continuous testing
Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more
Mukesh Ambanis Jio Platforms IPO attracted bids exceeding Rs 4.5 lakh crore, setting 12 records, including over 1.25 crore applications. Institutional and retail participation surged, making it Indias largest public offering, with allotment expected October 26 and listing October 28.
RBI governor backs Tata Sons classification
New Delhi: RBI Governor Sanjay Malhotra on Friday justified the classification of Tata Sons as an upper-layer NBFC, saying that any large NBFCs or core investment companies that handle public funds or leverage a group's balance sheet need to be registered with the central bank and follow the requisite listing norms.Large NBFCs and core investment companies (CIC) like Tata Sons and others are required to be registered with the RBI because of the systemic risks, because they sit on top of group companies where they leverage funds and they use the balance sheets of the group companies to return those funds, he said at the NDTV World Summit.So, the funds of the public, whether it is through corporate bonds, banks and other means, that is at risk...so, it is for these reasons that these CICs, or NBFCs, are required to be registered, he said.CICs that do not have direct or indirect access to public funds are exempt from the registration requirement, he said.As long as it is an NBFC within our definition, it is a CIC, it has access to funds, direct or indirect, it's required to be registered, and if it is in the upper layer, then it is required to list, he said.Last month, the RBI rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, which will force a public listing of the holding company of the salt-to-software conglomerate Tata Group.This makes a public listing of Tata Sons imminent as it qualifies as an upper layer NBFC, which must mandatorily list on the stock exchanges.Tata Sons was placed in the upper layer in September 2022. It had applied in March 2024 to surrender its registration, and had repaid its debt in an effort to qualify for deregistration.The Tata Sons board has since moved ahead with steps linked to a possible public listing, while saying it will examine other options amid a deepening row within the conglomerate.Malhotra reaffirmed the central bank's primary objective is maintaining price stability with inflation targeting while supporting long-term economic growth.India's strong macroeconomic fundamentals continue to support economic activity, with high-frequency indicators pointing to resilient growth across sectors, he said.Inflation targeting remains a priority, along with growth, he said, adding that the RBI is committed to maintaining price stability while supporting the economy.He pointed to indicators such as cement and steel sales, credit growth, tax collections and automobile sales as evidence that economic momentum remains intact.According to the RBI governor, growth is broad-based, with activity holding up across several segments of the economy.The governor also said inflation remains within the RBI's tolerance band, although supply-side pressures, particularly from food and fuel, continue to pose challenges to the inflation outlook.He referred to an average inflation projection of 5.1 per cent for the current year, attributing the outlook to supply-side factors.On the rupee, Malhotra said the central bank is not targeting any particular exchange-rate level.Instead, he said, the RBI's focus is on ensuring orderly conditions in the foreign exchange market and managing volatility rather than defending a specific currency value.
The company installed 1.3 million smart meters in the July-September quarter, against 1.8 million in the year-ago period, a decline of nearly 28 per cent
Martha Stewart said she arrives at the office by 7 am, and that she also expects her team to start early.
Goa cuts ATF VAT to 7% from 15% effective October 24: Will flight fares drop? All you need to know
Aviation turbine fuel is one of the largest cost items for carriers. When a state lowers the tax on ATF, the tax component of fuel purchased at its airports falls.
Kobelco targets 3% growth in excavator market, launches three new models
Sri City plant has capacity for 3,500 units; new models target smaller contractors and rental players
Airlines demand capacity proof as Adani Airport pushes Mumbai-Navi Mumbai shift
Airlines have asked Adani-run Mumbai airport to prove it must cut about 5 million passengers a year of capacity before moving some international flights to Navi Mumbai.
Meta to delay new commercial terms criticised by publishers, advertisers
Meta's move followed complaints by publishers and digital advertisers to European Union and the U.K. antitrust authorities about its new commercial terms
Dr Reddy's Q2 profit falls 36% on lower lenalidomide sales in North America
The company attributed the decline primarily to lower lenalidomide sales in North America. The base business, excluding lenalidomide in North America, continued to deliver double-digit growth
Building a mental healthcare network, Amaha poised to seal 100 crore fundraise
The 100 crore round also includes 10 crore in debt financing from Alteria Capital
LuLu leases 62,035sq ft at Greater Noida mall for 15 years, with total rent nearing 51 crore
LuLu International Shopping Malls has leased 62,035 sq ft at I-Thums Galleria in Greater Noida for 15 years, with total rent nearing 51 crore. The deal comes as the UAE-based retailer targets 25 outlets across Delhi-NCR by 2030.
Beyond Conventional Homes: Amaya Senior Living Reimagines Luxury Retirement
Hyderabad (Telangana) [India], October 23: After decades spent building careers, raising families and fulfilling responsibilities, retirement offers the opportunity to approach life on one's own terms. For those who have worked hard to create a life of comfort and financial independence, the next chapter can be about more than a beautiful home. It can be about having the freedom to pursue personal interests, enjoy exceptional hospitality, cultivate meaningful friendships and make time for experiences that everyday responsibilities often leave little room for.
Italian fashion brand OVS plans 11 stores by 2028, faster growth from 2029
Italian fashion retailer OVS plans to have 11 stores in India by 2028 before accelerating expansion from 2029, focusing on metros and tier-one markets as it assesses demand.
Heritage Foods to absorb yoghurt arm
Aims to raise value-added products share of dairy revenue to 50% in 3 years
Torrent Pharma Q2 profit falls 9.6% to 534 crore, revenue rises 51%
Torrent Pharma's Q2FY27 net profit declined 9.6 per cent to 534 crore despite a 50.8 per cent rise in revenue, as higher finance costs and depreciation weighed on earnings
SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply
SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.
Mahindra Finance flags festive slowdown as tractor lending trails other vehicles, drought risks loom
Mahindra Finance says tractor demand weakened more than other vehicle categories during early Navratri business. Despite stronger passenger vehicle financing and record asset quality in the September quarter, drought conditions across 282 districts and approaching farm repayments pose risks to second-half growth.
Shree Cements profit falls 15% on cost escalation
The company is well-positioned to deliver sustainable and profitable growth in the quarters ahead, said MD Neeraj Akhoury
Dr Reddys Q2 Results: Net profit falls 36% YoY to Rs 913 crore, revenue declines marginally
Dr Reddys Laboratories reported a 36% year-on-year profit decline to Rs 913.4 crore in Q2 FY27, while revenue slipped 1.5%. North America weakness pressured performance, offset partly by growth in India and emerging markets, alongside biosimilar approvals and strategic partnerships.
Mumbai (Maharashtra) [India], October 23: Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users, revealed that its AI-assisted security systems protected more than 8 million users and prevented approximately $4.6 billion (38,640 crore approx.) in potential losses during the first half of 2026, demonstrating how advanced technology is combating crypto-related fraud and scams in real-time.
Banks see 5.19 lakh crore deposit outflow, credit shrinks 2.52 lakh crore
Kolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also contracted by Rs 2.52 lakh crore during the same period. Consequently, credit growth decreased to 18.2% from 19.4% in the prior fortnight. Meanwhile, deposit growth recorded a decline to 16.7% compared to 17.8%. The overall outstanding deposits reached Rs 278.76 lakh crore and outstanding credit was Rs 227.
Dr Reddys Q2 net profit falls 36% to 925 crore
Revenue dips 1.5%; results hit by 239 crore provision related to Semaglutide API
IBM India leases 2.83 lakh sq. ft. at Bagmane tech park in Bengaluru
IBM India has leased office space at Bagmane Solarium City in Bengaluru for 10 years, with monthly rent of 2.49 crore, a 14.96 crore deposit and additional fit-out costs
The 342-km Bengaluru-Vijayawada greenfield highway is part of the Bengaluru-Kadapa-Vijayawada Economic Corridor under Bharatmala Pariyojana Phase II. The six-lane, access-controlled road aims to improve connectivity between Karnataka and Andhra Pradesh.
JM Financial warns midcap and smallcap leadership may weaken as market breadth deteriorates sharply. Largecaps show early recovery signals, but investors should remain cautious. Nifty holding 22,000 could trigger a rebound; breaking below risks a fall towards 20,500.
IndusInd Bank posts 1,242 crore Q2 profit as provisions decline sharply
IndusInd Bank reported a net profit of 1,242 crore in Q2FY27 against a loss a year ago, aided by lower provisions and higher other income, while asset quality improved
RBI tightens leverage ratio rules, keeps minimum capital thresholds unchanged
The RBI has tightened how banks calculate leverage by widening the measurement of derivatives, repo transactions and off-balance-sheet exposures, while retaining the minimum ratios at 4% for systemically important banks and 3.5% for others. The norms, effective April 1, 2027, also strengthen disclosure requirements and restrict the use of collateral and netting to reduce reported exposures.
Flipkart deal helps Netflix log record quarterly subscriber gains in India
Netflix reported record quarterly paid subscriber additions in India and 18 per cent revenue growth in Q3 2026, aided by its transaction-based loyalty partnership with Flipkart
Infosys CEO says macro recovery looks a little bit more uneven than expected
Infosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Salil Parekh noted uneven market conditions, with some sectors yet to experience improvement. Despite growing AI-related revenue, traditional services are facing productivity compressions as clients aim to cut costs. The company achieved large deal wins worth $3.6 billion, with most being net new business.
Petronet LNG, Gruner Renewable form JV to invest 1,200 crore in CBG plants
The 50:50 joint venture plans to develop 10 compressed biogas plants across India, with a combined capacity of 180 tonnes per day, strengthening Petronet LNG's renewable-gas presence
The development comes at a difficult time for PepsiCo, which has been trying to improve the performance of its salty snacks business. The company has also faced weakness in its North American soft drinks division.
RBI issues final leverage ratio rules for banks
Indian equity markets fell for a fourth consecutive session, with the Nifty 50 closing at 22,600 and Sensex at 73,123.83. Small-cap, mid-cap and metal stocks slumped as bearish technical signals heightened concerns about further selling pressure.
Jio Platforms has achieved a remarkable milestone, garnering over one crore applications for its upcoming initial public offering. This surge signifies a burgeoning interest from India's retail investors in technology sectors. With the IPO set to debut on October 28, maintaining this enthusiasm is crucial. The communication strategies employed mirror those found in consumer marketing, urging potential investors to evaluate their financial objectives carefully before engaging with the IPO.
Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report.
Torrent Pharma Q2 net profit falls 10% to 534 crore; revenue rises 51%
Revenue from operations of the Ahmedabad-based company increased 50.8 per cent to 4,979 crore in the quarter, compared with 3,302 crore a year earlier
INA Solar Partners with US-Based Caelux in 3 GW Agreement; Targets 29% Module Efficiency by 2028
New Delhi [India], October 23: Insolation Energy Limited (INA Solar), through its subsidiary Insolation Green Energy Private Limited, has entered into a five-year strategic partnership with US-based Caelux Corporation for the commercialisation of 3 GW of advanced solar modules integrating Caelux's proprietary Energy Producing Glass technology with INA Solar's N-Type TOPCon platform.
Tata Motors CVs profit rebounds to 2,138 crore in Q2 as revenue jumps 41.9%
The company moved closer to completing its 3.91-billion Iveco acquisition
