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Trump, AI majors pledge AI safety; experts flag lack of enforcement

Accord calls for internal controls, independent audits and board oversight, but experts flag weak enforcement, lack of common safety standards and concerns over auditor independence

The Hindu 30 Sep 2026 11:28 pm

Aurobindo Pharma's Acrotech enters US dermatology market with Adquey launch

To support the launch and expand this therapeutic segment, the company has set up a dedicated dermatology business unit, the filing said.

Business Standard 30 Sep 2026 11:23 pm

From 10 crore seed funding to 17x sales growth: How a 16-year-old founder sold 1 unit every 2 minutes | Startup story

SAMMMM is a growing self-care brand, targeting Gen Z and Gen Alpha consumers. Launched in 2005, it was co-founded by a father-daughter duo. 

Livemint 30 Sep 2026 11:17 pm

Scotch whisky gets cheaper? Johnnie Walker, J&B prices fall 10-15% after India-UK trade agreement, says report

Scotch whisky prices in India have reportedly fallen 10-15% after the India-UK trade deal cut tariffs on British whisky. Johnnie Walker Black Label and J&B are among brands seeing price cuts in key states, as per the report.

Livemint 30 Sep 2026 11:16 pm

ET Business Excellence & Leadership Summit 2026: Celebrating visionaries redefining growth & leadership

HMD organized the ET Business Excellence & Leadership Summit 2026 at the Radisson Hotel in Delhi. The summit brought together leaders to discuss brand development, innovation, and sustainability. Panel discussions featured prominent voices discussing resilience and leadership in uncertain times. A felicitation ceremony honored individuals and organizations for their contributions across various sectors. Key insights emphasized the importance of collaboration and strategic thinking in driving future success.

The Economic Times 30 Sep 2026 10:30 pm

From software to 17,000 students: How Akhil Shahani built an employability business through peer learning

From a software start-up to an employability-focused education group, Dr Akhil Shahani reflects on testing ideas, measuring skills, and peer learning that shaped his work.

Livemint 30 Sep 2026 10:21 pm

Manufacturing adds 1.4 million jobs in FY25

The number of people engaged in registered manufacturing increased 7.19% year-on-year to 21 million in 2024-25, while total emoluments rose 12.08%.

Livemint 30 Sep 2026 10:09 pm

MobiKwik co-founder Upasana Taku buys 1.07 lakh shares for 2.12 crore

Upasana Taku bought 1.07 lakh MobiKwik shares in two open-market transactions at about 198-199 apiece, taking her holding in the fintech firm to 80.65 lakh shares

Business Standard 30 Sep 2026 10:04 pm

BMW layoffs: German carmaker to use AI to drive 20% cut in senior management roles

BMW plans to use AI to cut 20% of its senior management roles, affecting around 100 high-level positions. The move is part of a wider cost-cutting drive as the German carmaker seeks to revive profitability amid challenges in China and elsewhere.

Livemint 30 Sep 2026 10:01 pm

IRDAIs proposed distribution norms ruffle feathers of LIC agents, broker body

Cost efficiency should not be pursued in a manner that reduces the number of active agents or makes the profession economically unsustainable.

The Hindu 30 Sep 2026 9:49 pm

Reliance officials meet Bengal CM Adhikari over fresh investments, project expansion

Discussions span data centres and AI cloud services, an international cable landing station, coal gasification, a food park, road infrastructure and a multi-speciality hospital, official says

The Hindu Businessline 30 Sep 2026 9:44 pm

Explained | As US giants OpenAI and Anthropic warn about risks, how is China guarding its AI models?

China's AI oversight differs from the US by implementing govt-mandated safeguards rather than relying on voluntary commitments. New guidelines emphasise 'safety and controllability' in AI development, as Beijing focuses on regulatory oversight parallel to evolving AI capabilities of its companies.

Livemint 30 Sep 2026 9:44 pm

Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 crore

Avalon Technologies saw an Rs 870.6 crore bulk deal as three promoter entities sold 40.08 lakh shares, representing 6% equity. Kotak Mahindra Mutual Fund bought 24.02 lakh shares, while Nomura retained its Buy rating and raised its target price.

The Economic Times 30 Sep 2026 9:39 pm

Reliances 13,000 crore bond issue draws strong demand; SBI said to be largest investor

The issue included a green shoe option of 1,000 crore

The Hindu Businessline 30 Sep 2026 9:26 pm

HDFC Bank Group General Counsel Sudhir Kumar Jha retires after 22 years

Sudhir Kumar Jha has retired from HDFC Bank effective September 30, 2026, concluding his 22-year tenure. Following his retirement, Jha will no longer hold a senior management position at the bank. HDFC Bank recognized Jha's significant contributions to its legal and compliance framework over the years. Jigar Shah is set to succeed Jha as General Counsel starting October 1, 2026. The transition marks another leadership change within the HDFC Group.

The Economic Times 30 Sep 2026 9:25 pm

FII selling worsens; foreign investors pull out Rs 26,000 crore from Indian equities in three days

Foreign institutional investors sold over Rs 26,000 crore of Indian shares in three sessions, intensifying Septembers market correction. High crude prices, elevated US bond yields and a weaker rupee pressured equities, while analysts said selective opportunities are emerging across largecaps.

The Economic Times 30 Sep 2026 9:20 pm

Jio Financial, Allianz pump Rs 640 crore into general insurance JV via rights issue

Jio Financial Services and Allianz Europe B.V. have each invested Rs 320.05 crore in Jio Allianz General Insurance through a rights issue, collectively infusing Rs 640.1 crore into their 50:50 joint venture. The insurer will use the funds for business operations, while Jio Financials total investment has reached Rs 375 crore.

The Economic Times 30 Sep 2026 9:16 pm

Market Trading Guide: JM Financial, IDFC First Bank among 5 stock recommendations for Thursday

Analysts recommend five stocks for ThursdayJM Financial, IDFC First Bank, Clean Science, City Union Bank and BEMLciting technical signals and support levels. Cautious sentiment persists amid higher oil prices, elevated bond yields, inflation concerns and uncertainty over global monetary policy.

The Economic Times 30 Sep 2026 9:13 pm

Gravity raises $15 mn in funding led by 3one4 Capital and Info Edge Ventures

Capital to be used to strengthen Gravitys technology, distribution and key-account infrastructure, support category expansion and build brand capabilities

The Hindu Businessline 30 Sep 2026 9:12 pm

IIFCL UK moves NCLT against Reliance Infrastructure arm over 1,745 cr dues

Lender seeks insolvency proceedings against Mumbai Metro One over alleged ECB default; NCLT flags limitation, Section 10A and other defects in the petition

Business Standard 30 Sep 2026 9:01 pm

Promoters dilute 6% stake in Avalon Technologies for Rs 871 crore

Avalon Technologies saw three of its promoter entities divest a collective 6% stake for a substantial Rs 871 crore via bulk deals, bringing their ownership down from 44.39% to 38.4%. In this strategic move, Kotak Mahindra Mutual Fund bought 24.01 lakh shares priced around Rs 2,171. The deal was struck with share prices fluctuating between Rs 2,171.03 and Rs 2,173.35, while Avalon Technologies closed slightly lower at Rs 2,294.

The Economic Times 30 Sep 2026 8:55 pm

Walmart bets on AI to drive the next phase of retail shopping

Walmarts AI journey has four phases: answering, recommending, acting with supervision, and acting autonomously

The Hindu Businessline 30 Sep 2026 8:51 pm

Canon India targets 10,000-plus retail network as smaller cities drive growth

Canon India also seeks to grow its non-imaging businesses, including surveillance and security, medical diagnostic imaging and industrial printing

The Hindu Businessline 30 Sep 2026 8:42 pm

CAFE III: What Indias new fuel efficiency norms mean for automakers and buyers

From April 1, 2027, carmakers face progressively tougher fuel-efficiency targets, but the final rules give them more ways to comply. The biggest takeaway is for the small car, where the final formula gives nearly 18% more headroom.

The Hindu Businessline 30 Sep 2026 8:41 pm

Simple Energy raises 1,750 crore in Series C led by Dr Velumanis family office

The latest round is the companys largest funding raise to date, coming three months after its 250-crore Series B round in June

The Hindu Businessline 30 Sep 2026 8:41 pm

IBAI flags job, growth risks from IRDAIs proposed distribution reforms

The Insurance Brokers Association of India (IBAI) has warned that IRDAIs proposed changes to insurance distribution could shrink distribution, increase job losses and slow insurance growth. IBAI supports measures such as banning compulsory insurance bundling with loans, suitability checks and claw-backs for proven mis-selling.

The Economic Times 30 Sep 2026 8:33 pm

HDFC Bank appoints VN Srivatsan as Chief Compliance Officer for 3-year term: Who is he?

HDFC Bank has appointed VN Srivatsan as Chief Compliance Officer for a three-year term from January 2027. Currently with ICICI Bank, Srivatsan has 34 years of experience, including 25 years in BFSI and nearly a decade in compliance and regulatory inspection.

Livemint 30 Sep 2026 8:30 pm

Member of Tata Trusts seeks governance probe as rift deepens

Tata Trusts senior trustee Venu Srinivasan has sought an investigation into why the philanthropic arm is increasingly intervening in the commercial affairs of Tata Sons.

Business Standard 30 Sep 2026 8:15 pm

IndiGo taps ex-Tata Digital executive to drive loyalty, marketplace, financial services

The appointment comes as airlines increasingly look beyond ticket sales to monetise customer relationships through loyalty programmes, travel marketplaces and financial services.

Livemint 30 Sep 2026 8:15 pm

Noel Tata files a caveat with Charity Commissioner on Venu Srinivasans complaint

The move comes as Srinivasan seeks a regulatory inquiry, a restraining order against Tatas participation in related meetings, and to preserve the SDTT boards status quo

The Hindu Businessline 30 Sep 2026 8:14 pm

Feud escalates at Tatas as Srinivasan moves Charity Commissioner against SDTT

SDTT is a public charitable trust and its substantial shareholding in Tata Sons cannot result in the Trust itself assuming the functions of a commercial enterprise or participating directly in the conduct of Tata Sons business affairs

The Hindu 30 Sep 2026 8:08 pm

Indias external financial health improves marginally in Q1 FY27 amid global headwinds

Indias external financial position improved marginally in Q1 FY27, RBI data showed. External debt rose $15.4 billion to $778.2 billion, while the debt-to-GDP ratio eased to 20.8%. Net international liabilities increased to $220.3 billion but remained below year-ago levels.

The Economic Times 30 Sep 2026 8:03 pm

Gandhi Jayanti 2026 History: Why India observes October 2, significance, theme and freedom struggle

Gandhi Jayanti 2026 Theme, History: October 2 marks the 157th birth anniversary of Mahatma Gandhi, whose leadership, Satyagraha and commitment to non-violence played a major role in Indias freedom struggle. The day is observed as a national holiday in India and is also recognised by the United Nations as the International Day of Non-Violence, highlighting Gandhis enduring global legacy.

The Economic Times 30 Sep 2026 8:00 pm

UP dairy sector draws 695 crore investment proposals from 22 companies

Twenty-two companies proposed investments worth 695.18 crore across Uttar Pradesh at the UP International Trade Show, with the projects expected to create over 2,500 jobs

Business Standard 30 Sep 2026 7:53 pm

Air France-KLM says it won't split long-haul operations between Mumbai, Navi Mumbai airports

The stance deepens an ongoing stand-off between Adani Airport and airlines, as the countrys second-largest airport operator prepares to redevelop Mumbais existing airport and seeks to redistribute capacity.

Livemint 30 Sep 2026 7:53 pm

Geojit Financial Services reshuffles top deck; Jones George to take over as MD

Geojit Financial Services will transition leadership on October 1, 2026, with founder C.J. George becoming Executive Chairman and Jones George taking over as Managing Director. The move forms part of the companys succession plan and technology-led growth strategy.

The Economic Times 30 Sep 2026 7:46 pm

Jio Finance, Allianz Europe invest 320 cr each in JV Jio Allianz General Insurance

The aggregate investment by Jio Finance in the JV to date is 375 crore

The Hindu Businessline 30 Sep 2026 7:39 pm

Novo eyes childhood obesity pilots in India, seeks wider public-sector role

Next-gen pipeline spans higher-dose, combination and oral therapies; company says it can meet India's demand for GLP-1 medicines as the market expands

Business Standard 30 Sep 2026 7:26 pm

PB Fintech, Wipro among 8 stocks that hit 52-week low and slipped up to 45% in a month

Eight BSE 100 stocks hit fresh 52-week lows as the Sensex fell 49 points to 72,480. PB Fintech, Havells India, Wipro, Britannia Industries, Tata Consumer Products, Godrej Consumer Products, Hindustan Unilever and ONGC recorded new annual lows.

The Economic Times 30 Sep 2026 7:22 pm

Nithin Kamath reveals Zerodha's leadership secret: Why the broker rarely hires outsiders for top jobs

Zerodha founder Nithin Kamath says nearly all of the brokerages leaders have risen internally, with many joining early in their careers. He also discussed Zerodhas long-term approach to social impact, questioning whether mandatory CSR spending delivers meaningful outcomes.

The Economic Times 30 Sep 2026 7:21 pm

ASK expands asset-management business with SageOne buy

Though the companies did not disclose the transaction's financial details, the deal size is likely in the range of 2,000 crore (approximately $200 million).

Livemint 30 Sep 2026 7:16 pm

We weren't ready: Inside Adam Neumanns honest admission on WeWorks failed IPO after $47 billion valuation

WeWork co-founder Adam Neumann reflected on the company's rushed IPO attempt in 2019. He acknowledged a shift from its original community-building mission to a profit focus, leading to significant losses and corporate governance issues. Neumann resigned as CEO after the company withdrew IPO plans.

Livemint 30 Sep 2026 7:15 pm

Personal loan growth rises to 16.9% in August: RBI

Bank credit growth strengthened across major sectors in August, with personal loans rising 16.9% year-on-year to 72.9 lakh crore, up from 11.9% a year earlier, RBI data showed.

The Economic Times 30 Sep 2026 7:12 pm

State Bank of India buys nearly 40% of Reliance's $1.35 billion debt sale

The state-run bank is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering

Business Standard 30 Sep 2026 7:08 pm

Bank deposit rates fall as fresh lending rates rise in August

In August, banks lowered the weighted average rate on fresh rupee term deposits to 5.67%. At the same time, the average lending rate on new loans increased to 8.61%. Public sector banks experienced a decrease in deposit rates, while private banks faced a similar trend. Lending rates varied based on loan types, with personal loans seeing a significant increase.

The Economic Times 30 Sep 2026 7:06 pm

Chandra, Venu didn't inform Tata Sons board of a second family firm deal

The Karnataka government has allotted land for a 330-crore project proposed by Hanno One, a company owned by the family of Tata Sons chairman N Chandrasekaran. The project had business relations with the Venu Srinivasan-led automaker.

Livemint 30 Sep 2026 6:56 pm

Where to invest after an asset bubble bursts? Nilesh Shah of Kotak makes the case for public markets

Kotak AMCs Nilesh Shah says public markets can offer opportunities after asset bubbles burst, as distressed valuations emerge. Multiples Renuka Ramnath highlights private markets greater control, while both stress diversification, liquidity and risk management across investment portfolios.

The Economic Times 30 Sep 2026 6:53 pm

Tata Group stock! BofA turns bullish on Trent, initiates coverage with Buy, pegs 17% upside

BofA Securities initiated coverage on Trent with a Buy rating and Rs 3,075 price target, citing its differentiated retail model, Zudio and Westside growth, integrated technology, supply chain capabilities and long-term market share opportunities.

The Economic Times 30 Sep 2026 6:48 pm

HDFC Bank names ICICI veteran banker V.N. Srivatsan as Chief Compliance Officer

HDFC Bank has appointed V.N. Srivatsan as its Chief Compliance Officer for a three-year term, effective from his joining date on January 4, 2027. Srivatsan, currently Head Compliance: Overseas Banking and Subsidiaries & Data Privacy Officer at ICICI Bank, has around 34 years of professional experience, including 25 years in BFSI.

The Economic Times 30 Sep 2026 6:44 pm

JSW Cement to merge its listed arm Shiva Cement with itself; board approves 5:41 swap ratio

The merger would create a single cement platform that would realise operational and financial synergies

The Hindu Businessline 30 Sep 2026 6:40 pm

BBD 2026 Smartphone Buying Guide: Ai+ Smartphones to Consider This Festive Season

New Delhi [India], September 30: The festive season is one of the biggest smartphone upgrade moments of the year. But choosing a new phone increasingly comes down to a simple question: what matters most to you?

Business Standard 30 Sep 2026 6:35 pm

AM Green bags 585 million green ammonia deal

Emerges sole winner of the Asian lot in the H2Global auction, to produce ammonia in Kakinada

The Hindu 30 Sep 2026 6:33 pm

Simple Energy raises 1,750 crore in equity funding for expansion projects

This marks Simple Energys largest funding round, taking the total funding to 2,530 crore to date

The Hindu Businessline 30 Sep 2026 6:33 pm

Milky Mist commissions 25 MW of solar capacity; achieves 100% renewable energy

The additional renewable capacity is expected to reduce the companys dependence on conventional power and help avoid approximately 16,000 tonnes of carbon emissions annually

The Hindu Businessline 30 Sep 2026 6:16 pm

Third Wave Coffee forays into Kerala with two outlets in Kochi

This market expansion complements the brands recent new market entries across Visakhapatnam, Jalandhar, Lucknow, and Ludhiana, further strengthening the presence across Indias high-potential emerging markets

The Hindu Businessline 30 Sep 2026 6:06 pm

Delhi to get 'Intelligent Traffic Management System': Objective, how it will work and what changes

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the 1,789.52 crore project to implement the Intelligent Traffic Management System in the national capital. The system will manage city traffic with real-time data, adaptive signals and more.

Livemint 30 Sep 2026 6:03 pm

Hockey glory beckons? India women march into final with Asiad gold in sight after 44 years

India's women's hockey team secured a significant victory against South Korea with a score of 2-0. Ishika Chaudhary and Salima Tete scored the goals to ensure their place in the final. The team's next challenge is a match against defending champions China. India dominated possession throughout the match and earned numerous penalty corners. South Korea attempted a late comeback, but India's defense remained strong to secure the win.

The Economic Times 30 Sep 2026 5:57 pm

Kalinga Literary Festival to host 'Ek Bharat Anek Bol' in New Delhi from December 18-20

New Delhi [India], September 30: The Kalinga Literary Festival (KLF) will host the Ek Bharat Anek Bol Literary Festival from December 18 to 20, 2026, at Travancore Palace, New Delhi. The three-day festival will celebrate India's multilingual literary traditions and create a platform for conversations across languages, cultures and generations.

Business Standard 30 Sep 2026 5:55 pm

Beyond the 7% headline: S&P maps the forces driving Indias next growth phase

Indias economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping Indias next phase of economic growth.

The Economic Times 30 Sep 2026 5:55 pm

2026 Nobel Prize Predictions: From GLP-1 drugs and CAR-T therapy to gene editing, these breakthroughs could take centre stage

Predictions for the 2026 Nobel Prizes in science highlight significant contributions in areas like GLP-1 research and cancer therapies. Carl June is mentioned for his role in developing CAR-T cell therapy for cancer treatment. Researchers Emmanuel Mignot and Masashi Yanagisawa are noted for their work on orexin related to sleep regulation. Optical coherence tomography and lipid nanoparticle technology are also strong candidates for recognition.

The Economic Times 30 Sep 2026 5:49 pm

Senior bureaucrat Narendra Bhooshan named Environment Ministry Secretary

Narendra Bhooshan has been appointed as Secretary of the Ministry of Environment, Forest and Climate Change. Previously, he was the Secretary for the Department of Land Resources. His appointment follows the retirement of Tanmay Kumar from the position. Dilip Kumar is also set to be reassigned from his role as Director General in the Ministry of Skill Development and Entrepreneurship.

The Economic Times 30 Sep 2026 5:46 pm

Motivational Quote of the Day by Audrey Hepburn: Happy girls are the Timeless life lessons from an inspiring quote on beauty, appearance, glow on your face and why a smile is the best accessory by the British actress known for her timeless elegance

Motivational Quote of the Day by Audrey Hepburn: The inspiring quote defines happiness and beauty. The timeless quote features that real happiness has a positive way of improving an individual's beauty than physical appearance alone.

The Economic Times 30 Sep 2026 5:36 pm

The US military says its withdrawal of troops from Iraq is complete

The US military has finished withdrawing all troops from Iraq, marking the end of a 12-year mission. This withdrawal culminated in the handover of an air base in northern Iraq to local authorities. Iraqi Prime Minister Ali al-Zaidi described the event as the beginning of a new sovereign phase for Iraq. However, concerns arise regarding the future of Iranian-backed militias in the region.

The Economic Times 30 Sep 2026 5:36 pm

Virat Kohlis 55th ODI ton powers him to No. 2 in rankings

Virat Kohli scored an unbeaten 139 in the first ODI against the West Indies, achieving his 55th ODI century. This performance led him to climb to second place in the ICC ODI batting rankings. Shubman Gill remains at the top after also scoring a century in the same match. Additionally, several players like Temba Bavuma and Kusal Mendis made notable advancements in the rankings.

The Economic Times 30 Sep 2026 5:30 pm

Smart, Secure and Scalable: Flatworld Mortgage Reimagines Mortgage Operations

Bengaluru (Karnataka) [India], September 30: Flatworld Mortgage Solutions LLC, a strategic player in the mortgage processing space across the US announced a brand relaunch built on three pillars, Smart, Secure and Scalable, that reflects an operational transformation already running in production. With more than a decade running the US mortgage back office, Flatworld Mortgage has watched rising costs, heavier compliance scrutiny, and unpredictable loan volume stretch the industry's legacy cost-driven operating model past its limit. This transformation replaces headcount-driven processing with automation and agentic AI built directly into origination workflows, across underwriting support, QC, closing and post-closing. Automation and agentic AI, powered by MSuite, run directly across onboarding, processing, underwriting, QC, closing and servicing. Every automated output is checked at a defined human checkpoint before it becomes a lending decision, backed by SOC 2 Type II, ISO/IEC ...

Business Standard 30 Sep 2026 4:55 pm

Corporate credit profile remains strong in H1FY27 despite West Asia conflict: Ind Ra

Indian companies' credit profiles showed resilience during the first half of fiscal year 2026-27. Despite the energy shock from the West Asia conflict, rating actions remained limited to a few issuers. The supportive domestic environment contributed to sustaining household purchasing power and controlling inflation. Strong revenue growth was noted across various sectors, with significant upgrades in investment-linked domains.

The Economic Times 30 Sep 2026 4:01 pm

Sanju Samson says constant meetings and activities keeping India ''switched on''

With heavy rains sweeping across India, the preparation for the semifinal clash against Sri Lanka has faced challenges. The team has focused on indoor training sessions while maintaining high spirits. Players are eager to hit the field and recognize the stakes involved in this semifinal. Their optimism about adapting to Nagoya's playing conditions underscores India's cricketing strength and versatility, as they can field several teams at once.

The Economic Times 30 Sep 2026 3:55 pm

Eeshanya Infraa Honored as 'Iconic - Real Estate Developer' at Times Business Awards 2026

Hyderabad (Telangana) [India], September 30: Eeshanya Infraa was honoured with the 'Iconic - Real Estate Developer' award at the Times Business Awards 2026, held at the Novotel Hyderabad Convention Centre (HICC).

Business Standard 30 Sep 2026 3:50 pm

CAFE-III norms clear pathways for the industry to offer multiple choices to consumers: Auto veterans

The farm sector also welcomed the development, saying the recognition of ethanol-based mobility will help reduce dependence on fossil fuel

The Hindu Businessline 30 Sep 2026 3:31 pm

Diwali stock picks: Urban Company among 5 stock ideas from Ambareesh Baliga for up to 38% upside

Baliga has set a target price of Rs 3,420 for Endurance Technologies, compared with its current market price of Rs 2,688, implying an upside of nearly 27%.

The Economic Times 30 Sep 2026 3:09 pm

Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups

Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals.

The Economic Times 30 Sep 2026 3:08 pm

Vedanta raises 2,000 crore through issuance of non-convertible debentures

Vedanta Ltd on Wednesday said that it has raised Rs 2,000 crore crore through issuance of non-convertible debentures on a private placement basis. The fundraise is aimed at diversifying the company's funding mix and bolstering its balance sheet as it refinances existing debt. The company said in a regulatory filing that the non-convertible debentures(NCDs) will be unsecured, redeemable, rated and listed, with each debenture having a face value of Rs 1 lakh each. The duly constituted committee of directors of the company has approved the allotment of 2,00,000 ...denominated unsecured, redeemable, rated, listed non-convertible debentures of face value of Rs 1,00,000 each, aggregating to Rs 20,00,00,00,000 (Debentures) on a private placement basis, the filing said. NCDs are fixed-term, fixed-income corporate debt instruments that raise capital without offering equity conversion options upon maturity. The company's net debt stood at Rs 8,299 crore as on June 30, 2026, Vedanta had ...

Business Standard 30 Sep 2026 3:01 pm

Why the Mistrys want to unlock their family silver from Tata Sons

 The SP groups Mistrys own 18.37% of the Tata group holding company, a fortune that has been difficult to monetise. Now debt, family history and a contentious listing have put that prized stake at the centre of a reckoning.

Livemint 30 Sep 2026 3:00 pm

Binance Launches Incentivized Learning Program 'Academania Skill-Up' Across South Asia, Rewarding Users for Blockchain Learning

Mumbai (Maharashtra) [India], September 30: Binance, the world's largest cryptocurrency exchange by trading volume and users, announced 'Academania Skill-Up', a free, six-month learning campaign for users across South Asia. Each month, participants can complete a selected Binance Academy course, earn a certificate and enter a draw for rewards. The campaign aims to support beginners in building foundational knowledge of blockchain and digital assets through accessible, self-paced courses.

Business Standard 30 Sep 2026 3:00 pm

Coca-Cola mulls filing draft papers for $1 billion India IPO in December

Coca-Cola Co. plans to submit a draft prospectus by December for the anticipated IPO of Hindustan Coca-Cola Beverages Pvt. This offering, projected to garner about $1 billion, is expected to attract existing investors. With a valuation close to $10 billion, the deal highlights India's thriving investment landscape. The company has teamed up with various banks to streamline the process, riding the wave of recent IPO successes in the region.

The Economic Times 30 Sep 2026 2:57 pm

Coca-Cola considering December filing for India bottling unit's $1 bn IPO

The Atlanta-based drinks giant has also added Axis Capital Ltd. and IIFL Capital Services Ltd. to the roster of banks working on the Hindustan Coca-Cola Beverages Pvt deal

Business Standard 30 Sep 2026 2:53 pm

Food companies turn to lawyers as FSSAI scrutiny reaches boardrooms

India's food regulator has intensified enforcement, leading packaged-food companies to seek legal advice on compliance issues. Scrutiny now involves senior management as concerns about reputational risks rise.

Livemint 30 Sep 2026 2:49 pm

MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unit

MRPL shares fell over 5% after an explosion was reported at its Mangaluru refinery, with thick smoke seen emerging from the facility. Fire brigades and ambulances rushed to the site, while the cause remained unknown.

The Economic Times 30 Sep 2026 2:41 pm

L&T Transportation Infra vertical secures 3,500 cr contracts in Dubai

The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028

Business Standard 30 Sep 2026 2:25 pm

14 smallcap stocks defy market selloff, rally up to 105% in 3 month

While the Nifty 50 fell nearly 5% in three months, several small-cap stocks bucked the trend. Fourteen Nifty Smallcap 500 stocks rallied 50-105%, led by Raymond and Welspun Corp.

The Economic Times 30 Sep 2026 2:22 pm

Re-rating on cards for HAL shares as Tejas Mk1A aircraft deliveries near: Jefferies

Tejas Mk1A accounts for 43% of HALs order book and could emerge as a key re-rating trigger as deliveries gain visibility, Jefferies said. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, ahead of Jefferies earlier estimate of five. The brokerage retained its Buy rating with a Rs 6,800 target.

The Economic Times 30 Sep 2026 2:01 pm

Who is Anjali Sardana? How 23-year-old built Pronto into a 2,000 crore startup

Anjali Sardana launched Pronto in April 2025 to bring technology and structure to Indias informal domestic-services market. Within months, the startup scaled from 170 daily bookings in Gurugram to more than 18,000 and reached a reported valuation of around $202 million.

Livemint 30 Sep 2026 1:57 pm

DoorDash opens first India office in Hyderabad, plans 3,000-plus jobsv

The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations

Business Standard 30 Sep 2026 1:52 pm

Can NSE shares trade on its own platform? Sebi chief says no panel considering self-trading in exchange shares

Sebi Chairman Tuhin Kanta Pandey said the regulator is not currently considering self-listing or self-trading of exchange shares, days after NSE CEO Ashish Kumar Chauhan suggested exploring the possibility. Pandey said no Sebi panel is discussing the proposal at present, while Chauhan had cited conflict-of-interest concerns but said the idea could be revisited as the market ecosystem matures.

The Economic Times 30 Sep 2026 1:36 pm

Mint Explainer | Five-day banking week: How does India compare with the world?

The IBA has set up a committee to examine the long-pending demand to make Saturdays holidays for bank employees. Heres how Indias current banking week works, what could change and how it compares with other countries.

Livemint 30 Sep 2026 1:34 pm

FSSAI suspends Seven Seas Hospitality licence over safety violations

Fungal growth on food materials, presence of insects, poor hygiene, filth and odour were observed during the inspection, according to the regulator

Business Standard 30 Sep 2026 1:31 pm

India revives E100 push with Toyota Innova launch in October as feedstock concerns grow

100% ethanol Innova expected in October as industry looks to maize, rice and farm waste to support the next phase beyond E20

The Hindu Businessline 30 Sep 2026 1:28 pm

Uruguay taps India's Rites to rebuild rail network, connect industries with ports

Rites will present a plan for the proposed revival and expansion of Uruguays rail network, which has a track length of about 500 km.

Livemint 30 Sep 2026 1:23 pm

Nifty shorts hit a six-month high in worst September F&O series in 25 years. Time for extra caution?

Niftys September derivatives series was the worst in 25 years, with the index falling 6.7% as foreign investors sharply increased bearish bets. FII index shorts hit a six-month high, while stock-futures exposure remained net long. With Nifty near key long-term support and market breadth weakening, analysts advise caution.

The Economic Times 30 Sep 2026 1:15 pm