29 C 
Weak monsoon looms over FMCG margins despite strong Q2 demand
Lower copra costs aid Marico, while Dabur and GCPL grapple with commodity inflation; deficient rainfall threatens rural demand and input-cost trends in H2
Flipkart's Big Billion Days returns for 13th Edition on Oct 9 with record seller participation
More than 2.5 lakh direct and indirect employment opportunities have been created for the festive season, of which nearly 75,000 are for first-time workforce entrants
Sunstream Green to invest 1,500 crore in RE projects in Chhattisgarh
The proposal, announced at the SING Forum, focuses on battery storage and firm renewable power
Delhi airport plans a 3,500 crore driverless transit system by 2030 to connect T1, T2, T3, Aerocity and the cargo terminal.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gaining over 220 points. Falling crude prices, strong Q2 business updates and positive global cues lifted investor sentiment, adding nearly Rs 5 lakh crore to BSE market capitalisation.
Govt looks to widen coverage of Index of Services Production, invites feedback
MoSPI began compiling the ISP on a monthly basis for the formal services sector on a trial basis in July 2026. The exercise uses 2024-25 as the base year and was designed to provide a higher-frequency measure of services-sector performance.
The Election Commission of India refused to meet a delegation of 240 MPs led by Rahul Gandhi. This decision followed a day of protests in the national capital against the Chief Election Commissioner. Congress leaders, including Rahul and Priyanka Gandhi, were detained during the protests. The Commission stated that no formal meeting request had been submitted by the deadline.
Neuberg Diagnostics consolidates Maharashtra operations with NM Medical
Patients across Mumbai and Maharashtra will benefit from convenient access to routine and highly specialised testing
Irdai commission caps: Brokers to seek more time to submit feedback on Friday
Insurance brokers will seek an extension of the 25 October deadline for submitting their feedback and suggestions until December, at their meeting with Irdai on Friday.
Donald Trump calls mail-in voting dishonest, so why is he urging Republicans to use it?
The Trump administration sought to introduce new US Postal Service requirements ahead of the midterm elections. The proposal called for special envelopes and barcodes linked to individual voters. States would also have been required to submit voter information through a federal portal.
Power plants with critical stocks rise as supply fails to meet demand
81 plants based on domestic coal running on critical stocks compared to 73 a week ago
'They blocked me thats not America': Ramaswamy recounts tense encounter with Amy Acton in Ohio
Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional methods remain risky, alternate routes are being utilized to ensure continuous oil movement. Oil producers are adjusting strategies, relying on pipelines and offshore transfers to circumvent dangerous waters. The shipping process has become more expensive due to increased insurance and higher freight rates.
HPCL EV charging network grows 8% to 5,826, targets trucks and buses on 50 highway corridors
HPCL is taking its EV infrastructure push to commercial transport, deploying 240-kW ultra-fast chargers for trucks and buses across 50 highway corridors
Govt pauses Adani plan to move Mumbai international flights, gives airlines more time
Following airline resistance over peak-season disruptions, the operator must now build a mutually agreed flight relocation framework for Navi Mumbai.
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
Delhi HC allows Reliance to sell Campa as 'energy drink', stays FSSAI order
The court granted interim relief to Reliance Consumer Products against an FSSAI directive restricting the use of the term 'energy drink' for high-caffeine beverages
Dorabji Tata Trust backs Noel Tata, defends Tata Sons restructuring plan
The Trust points out that RBIs communication had declined Tata Sons application to surrender its registration; it does not mention listing or state that Tata Sons is in breach of any requirement
CCI approves JSW internal restructuring, three more deals
The Competition Commission of India approved four deals on Tuesday in highways, hospitality, steel, and pharmaceuticals. JSW Group's restructuring gained approval, merging BMM Ispat into JSW Steel for full ownership. Canada's CPP Investment Board can acquire a stake in Prestige Hospitality Ventures, but specifics were not disclosed.
Zydus launches in U.S. MSN Labs generic of Bayers PAH drug
The two companies are the first to launch the product, which is a generic version of Bayers Adempas.
Hexaware as a Best Firm for FDE Talent to Work For Certified by Analytics India Magazine
Mumbai (Maharashtra) [India], October 6: Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, has been certified by Analytics India Magazine (AIM) as a Best Firm for Forward-Deployed Engineering (FDE) talent to work for. The certification follows feedback from 129 Hexaware AI architects drawn from talent developed through the company's AI Academy and Architecture Fellowship program. Earns top scores in AIM's employee-led assessment of the forward-deployed engineering experience.
India is an important sourcing and manufacturing base for Crocs, serving consumers in 85 countries
In the APAC region, India, China and Japan are among the critical markets that the company is focusing on in terms of growth and we see huge potential in the Indian market. In the June quarter, India was among the markets that delivered double-digit growth and the momentum continues, Varun Sehgal, SVP & General Manager APAC, Crocs
Work on Google-Adani data centre can continue at developer's own risk: Andhra HC
The Andhra Pradesh High Court (HC) has allowed the construction of the Google-Adani data centre to proceed at the developer's own risk, pending a review of environmental concerns raised by public interest litigation, including issues related to land use and proximity to protected areas.
One in eight vehicles sold in India is now electric
Electric two-wheelers contribute more than 60 per cent of EV volumes and electric car registrations have nearly doubled from a year earlier
Neuberg, NM Medical consolidate Maharashtra operations, eye wider reach
The combined Maharashtra business is expected to generate around 500 crore in revenue this year, with plans to establish a presence in every district headquarters
HEG Advanced Materials surges 8% on fresh orders, demerger plans
Under the demerger scheme, the graphite electrodes business is being carved out into HEG Graphite, which will list as a standalone graphite electrodes company by October-end
Lower demand, high cost to exert pressure on cement companies Q2 profit
Monsoon led to weak demand, which in turn, prevented companies from passing on higher costs to consumers
Titan Q2FY27 update: Consumer businesses grow 25% YoY, jewellery up 21%
Titan Companys consumer businesses grew 25% year-on-year in Q2 FY27, led by watches, EyeCare and jewellery. Domestic businesses rose 22%, while international operations surged 97%. Titan added 78 net stores, taking its overall consumer store network to 3,758 in September 2026.
Zaggle plans subsidiary in Abu Dhabi Global Market
Zaggle Prepaid Ocean Services will own 100 per cent of the proposed entity
L&T Realty eyes 25,000 crore launches across three cities in H2FY27
L&T Realty plans large residential launches across Mumbai, NCR and Bengaluru as it expands its portfolio and builds a development pipeline with 12-quarter visibility
Trucks, tractors power H1 auto growth, but September shows fortunes diverging
Indias CV and tractor sales grew about 20 per cent in H1 FY27. Still, September saw momentum diverge sharply
New Delhi [India], October 6: MSMEs must move faster in adopting quality processes and build quality into every stage of their operations, from design and manufacturing to delivery, to become stronger contributors to India's global competitiveness, emerged as a key message on Day 2 of the third edition of the IFQM Symposium 2026 in New Delhi.
Continuous investor awareness and early market participation remain the primary drivers for long-term wealth creation, even as the cost of transacting in India remains among the highest globally due to taxes like STT, said Kamlesh Shroff, National President, Association of NSE Members of India (ANMI). Speaking with ANI on the sidelines of the ANMI Seminar on Investor Awareness
Swara Baby gets SEBI nod for 1,000-crore IPO as hygiene maker eyes expansion
IPO comprises a fresh issue of shares worth 500 crore and OFS of 500 crore
Capacite Infraprojects wins 369-crore CMRL contract
The order is for the construction of buildings near Thirumangalam Metro station
Finmin asks pvt banks to increase participation in govt's financial inclusion schemes
The Finance Ministry on Tuesday asked private sector banks to step up participation in financial inclusion schemes, including PMMY and Stand Up India. Financial Services Secretary Sanjay Lohiya urged banks to support the upcoming saturation campaign, expand digital outreach, improve loan processing, strengthen insurance claim awareness and address grievances.
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.
The Warner Bros Discovery acquisition now gives CEO Ellison control over an entertainment portfolio that includes some of the world's most valuable film, television and streaming properties.
Utkarsh Small Finance Banks Q2 FY27 disbursements surged 54.9% year-on-year to Rs 3,525 crore, driven by strong non-JLG growth. Total loans rose 7.5% to Rs 20,063 crore, while deposits increased 6.6% to Rs 23,869 crore, according to provisional business data.
Three-day raw material expo takes off in Coimbatore
Razorpay helps Indian brands tap ChatGPT ads as AI reshapes discovery
Razorpay Engage is rewriting product catalogues, managing campaigns and measuring performance as brands look to reach consumers discovering products through AI chatbots
ET Alpha Wealth Summit 2.0: Where is smart money moving amid global market churn?
As global capital shifts amid rising bond yields, changing valuations and new investment themes, investors are asking where the next opportunities could emerge. At ET Alpha Wealth Summit 2.0, two back-to-back sessions will explore where long-term capital is moving and how family offices and institutions are putting money to work across private credit, venture debt, co-investments and alternative strategies.
Meesho content commerce surges 152% as non-metro creators drive growth
About 90 per cent of Meesho's active creators are nano-creators, while 81 per cent come from non-metro India and 66 per cent of orders come from Tier-III and Tier-IV markets
Kolkata (West Bengal) [India], October 6: Koninika Bhattacharjee has launched Windward Law Office, a specialist transactional law office focused on Private Equity & Venture Capital, Mergers & Acquisitions, Capital Markets and Investment Funds.
Solinas Integrity targets 100 crore revenue in 2 years; eyes deeper international play
The start-up expects to close the current fiscal year with a topline of 45-50 crore
HFCL among 4 stocks hitting 52-week highs; rallied up to 15% in a month
HFCL, Aether Industries, Aditya Infotech and BHEL hit fresh 52-week highs, with the four stocks gaining up to 14% over the past month.
OpenAI is rolling out invisible text watermarking for eligible ChatGPT and Codex output in the European Union, allowing its detector to look for a statistical signal hidden in the model's word choices. The technology can identify many longer passages, but OpenAI says editing, translation, short text and technical subjects can weaken detection. The system also cannot establish who wrote a passage, how much a human contributed or whether the content is accurate.
IND vs WI Live Streaming: The highly anticipated five-match T20I series between India and West Indies kicks off on October 6 at 7:00 PM IST. Fans can expect an exhilarating start at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow. Following a successful 2-1 ODI series win, Shreyas Iyer steps up to lead India, aiming to maintain their victorious momentum in the T20 format.
Karnataka plans to construct nine new integrated industrial townships, 312 km of new Metro lines, a 210-km ring road and a 270-km RRTS network across Bengaluru Metropolitan Region over the next decade. The government has already acquired 7,900 acresfor the proposed townships.
Reliance Industries is preparing for the IPO of Jio Platforms scheduled to launch on October 21. The valuation of Jio Platforms is reported at Rs 11 lakh crore, making it highly anticipated. The public issue is expected to attract significant attention as it opens for subscription. Jefferies has raised its weight on Reliance Industries due to attractive valuations amid improving conditions.
India has condemned the attack on the commercial vessel MV ROYAD MAMMADOV that resulted in two fatalities. All three Indian nationals aboard the ship have been reported safe, with one receiving medical attention. The Ministry of External Affairs emphasized the need for dialogue to resolve ongoing conflicts affecting commercial shipping. Indian authorities are in close contact with Romanian officials to support the injured crew members.
Sebi says Jane Streets appeal for more details a delaying ploy
Sebi has called Jane Streets demand for additional documents a dilatory tactic as the Wall Street trading firm challenges the regulators market manipulation allegations. The dispute centres on Jane Streets trading in Nifty Bank derivatives. The outcome could influence how global trading firms assess regulatory risks in Indias derivatives market, with the hearing set to continue Wednesday.
Tata trustees accuse two peers of breaking ranks over Tata Sons listing, sources say
In a letter to trustees Venu Srinivasan and Vijay Singh, Noel Tata, his son Neville, senior lawyer Darius Khambata and longtime Tata executive Bhaskar Bhat said exploring ways to keep Tata Sons unlisted was consistent with positions previously approved by the charitable trusts that control the company
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hit
Insurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They warn that these changes could reduce their revenue significantly and threaten many jobs. The Insurance Brokers Association of India seeks more time to provide feedback and opposes hard caps without proper assessments. Proposed changes aim to lower distribution costs and improve policyholder value, according to the regulator.
Gurugram (Haryana) [India], October 6: The idea originated in California in 2022. An Indian undergraduate at the University of California San Diego began working on a question about the air inside closed rooms. The technology that came out of it had been recognised by a sitting U.S. Congressman, won the Grand Prize at UC San Diego's campus-wide environmental innovation competition, and was chosen as one of three startups to represent the university in Hong Kong.
Swara Baby gets Sebi nod for Rs 1,000 crore IPO as hygiene products maker eyes expansion
Swara Baby Products has received approval from Sebi to proceed with its Rs 1,000 crore IPO. The IPO includes a fresh issue of equity shares and an offer for sale by promoters. Proceeds will be used for expanding a manufacturing facility and repaying borrowings among other corporate purposes. Founded in 2018, Swara Baby manufactures a range of disposable hygiene products for different consumer needs.
Founded in 2009, ZOYA currently operates 13 flagship boutiques and 12 galleries across India and the United States
ASK Alternates hits 500 crore mark for second private credit fund in five months
The fund targets a corpus of 1,000 crore with a greenshoe option of up to 1,500 crore
Indias cybersecurity startups face a new hurdle: proving they can protect customers
Enterprises are moving beyond security certifications to scrutinize how cybersecurity startups protect data, control access and respond to breaches, lengthening sales and onboarding cycles.
RPSG Group weighs 15-20% stake sale in IPL team Lucknow Super Giants
RPSG is seeking a valuation of $1.5 billion to $2 billion for the Lucknow franchise, which it acquired for $800 million in November 2021.
Campa vs FSSAI: Reliance wins Delhi court relief against 'energy drink' label ban
Campa v FSSAI: Delhi Court allowed Mukesh Ambani's Reliance Industries to continue marketing its Campa brand products as energy drinks
Michael Kors opens new store in Chandigarh, India
New Delhi [India], October 6: Michael Kors is excited to announce the opening of its new Michael Kors Lifestyle store in Chandigarh, India. Located in the Nexus Elante Mall, the new store brings Michael Kors' flair and sophistication to a new global shopping destination.
Insurance brokers oppose IRDAI's proposed reforms on caps on commissions
Indian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Regulatory and Development Authority of India introduced these proposals to reduce costs for policyholders. Concerns have been raised about potential job losses and unethical practices following the reforms. The brokers association has requested an audience with government leaders regarding the changes.
Trent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the value of LICs stake in the Zudio parent by more than Rs 531 crore in a single session. Trent also crossed 1,000 Zudio stores during the quarter.
Dabur shares rise 4% as firm sees double-digit Q2 growth; FMCG set for strong performance
Dabur shares rose sharply on Tuesday after the FMCG major projected double-digit consolidated revenue and PAT growth in Q2FY27. Its India FMCG business is expected to accelerate, while Home & Personal Care could post double-digit growth. Food and Beverages may deliver mid-teens growth, while international business is expected to maintain strong momentum.
Dabur India expects second quarter revenue, profit to grow in double digits
Dabur expects its home and personal care business to post double-digit growth, with hair oils and shampoos likely to grow in the high teens, supported by demand for perfumed and coconut hair oils
Reliance gets court relief over FSSAI ban on Campa's 'energy drink' label
The relief came after the Food Safety and Standards Authority of India (FSSAI) in June directed makers of high-caffeine beverages sold as 'energy drinks' to stop using the description
Motilal Oswal initiates coverage on Molbio Diagnostics stock with Buy, sees 21% upside. Here's why
Motilal Oswal initiated coverage on Molbio Diagnostics with a Buy rating and 1,800 target, implying 21% upside. The brokerage sees strong growth potential from decentralised molecular diagnostics, led by Molbios Truenat platform, which has 12,500+ devices across 90+ countries and 43 assays for 30 diseases.
Centre revisits ATF price stabilisation fund amid rising costs
The government is in talks with airlines and oil marketing companies on streamlining the ATF price stabilisation mechanism, says civil aviation minister K. Ram Mohan Naidu.
Mumbai (Maharashtra) [India], October 6: Piramal Pharma Solutions (PPS), a leading global Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd. (PPL) (NSE: PPLPHARMA) (BSE: 543635), has opened a new microbiology laboratory at its sterile injectable facility in Lexington, Kentucky. This addition marks a significant step forward in PPS' ongoing $85 million Lexington expansion, aimed at enhancing commercial-scale capabilities and improving operational efficiency. The new laboratory was released for routine GMP use on September 11, 2026, and shortly thereafter, its new sterility testing suite was conditionally approved, making the lab one of the first major components to come online in the expansion. The full manufacturing expansion is expected to be operational in late 2027.
MFs kept buying these 10 microcaps for 2 straight quarters; stocks surge up to 70% in 3 months
Mutual funds increased holdings in 64 Nifty Microcap 250 companies for two consecutive quarters. Ten microcap stocks gained 25%-68% in three months, led by Electronics Mart India, Sky Gold, Bluestone Jewellery, Sudarshan Chemical and Timex Group, highlighting strong institutional buying and investor interest.
Jio Platforms targets $114 bn valuation for IPO, listing likely by Oct 30
Jio has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing
Meesho shares jump 6% as content commerce NMV grows 152% in Q2. Buy, sell or hold the stock?
Meesho shares rose after strong growth in its Content Commerce business, with NMV increasing 152% year-on-year. Brokerages remain divided, with UBS and Jefferies positive on the stock, while Nomura has a Reduce call.
Lupin launches fixed-dose triple combination inhaler for COPD in India
Lupin Ltd has launched Formoflo-G MDI, a new inhaler for chronic obstructive pulmonary disease management in India. This fixed-dose inhaler combines three therapies into a single device for better treatment outcomes. It aims to benefit over 55 million people living with COPD across the country. The Drug Controller General of India has approved this innovative product for use. Lupin is currently ranked second in the respiratory therapy segment in India.
SRIT India shares rose 19% from the IPO price after making a strong debut on the NSE. The stock, however, fell short of grey market expectations. With the companys digital technology services business gaining traction, analysts highlight revenue growth, profitability, execution and cash flows as key factors for investors.
Dabur India, Marico, Godrej Consumer witnessed steady demand enviornment in September quarter
Dabur, Marico and Godrej Consumer Products all expect revenue growth in Q3 FY27 despite volatile operating environments
Ambanis Jio said to seek about Rs 11 lakh crore valuation in IPO
Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported.
Orient Cables shares tumble 10% a day after strong market debut
Orient Cables' shares faced a notable drop of 10% soon after a promising IPO launch, leading to a dip in investor sentiment. However, the stock continues to hold firm above the initial issue price of Rs 272. Analysts are now focused on the firms capability to maintain revenue growth and its profitability, urging investors to carefully evaluate its financial soundness and operational strategies in the near future.
Dealers flag price hikes as risk to GST-led sales boom
Price hikes and potential rate hikes by the Reserve Bank of India will shape the outlook in the coming months, says Fada president.
Nandigram bypoll peaceful so far, Suvendu Adhikari eyes 85% turnout
Suvendu Adhikari, the Chief Minister of West Bengal, reported peaceful polling in the Nandigram by-election. Around 50 percent of voters had participated by midday as he cast his vote. He anticipated a turnout exceeding 85 percent based on historical trends in the constituency. Adhikari mentioned he would continue to serve as the MLA for Bhabanipur while promising to remain a voter in Nandigram.
Mumbai (Maharashtra) [India], October 6: ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, today announced AI Workflow Factory and Autonomous Engineer solutions that discover where AI can improve work and deliver one unified way to build and run, and extend AI workflows across the enterprise to directly address the execution gaps caused by fragmented, legacy infrastructure.
To effectively remove candle wax from fabric, begin by freezing the wax to solidify it. Once hardened, gently scrape the fabric to lift off as much wax as possible. Follow this by applying heat with an iron to eliminate any remaining traces. For faint stains that linger, a specialized stain remover may be necessary. Always handle heated materials cautiously and refer to care instructions to achieve optimal results.
Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years?
The RBIs expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBFC margins, lenders with floating-rate assets and strong liquidity could benefit. Brokerages favour HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and Tata Capital.
Marico edges lower as Plix buyout, strong Q2 cues stir midday trade
At 12.27 pm on the NSE, Marico (MARICO) was quoted at 789.00, down 1.00 or 0.13% from its previous close of 790.00
Delhi court grants regular bail to Swatantra Bhardwaj in Jantar Mantar assault case
A Delhi court granted regular bail to Swatantra Bhardwaj, a Hindutva influencer, after observing his conduct. The previous interim bail allowed for three weeks, with specific conditions imposed by the court. He was instructed not to communicate with any witnesses or discuss the case publicly during this period. The case involved the alleged assault of a student activist's father during protests at Jantar Mantar.
Indian fishermen participate in Rosatoms unique International Fishing Tournament
Rosatom organised an International Fishing Tournament near Russias Kalinin Nuclear Power Plant in the Tver region, bringing together 22 amateur anglers and 28 journalists and experts from 11 countries, including India. The Indian team comprised Tamil Nadu fishing enthusiasts Ziegen Joseph and Chandrasekar Ravi.
Harmanpreet Kaur home: Harmanpreet Kaur, who recently stepped down as captain of the Indian women's cricket team, owns a family home in her hometown Moga in Punjab. Media reports estimate the house to be worth up to Rs 1.5 crore. The home has spacious rooms, open outdoor areas and modern interiors.
Brazil election: Bolsonaros son Flavio surges as fathers political comeback gathers pace
Jair Bolsonaro, the former president of Brazil, remains under house arrest while his family gains political power. His son Flavio Bolsonaro won a surprising victory in the presidential election's first round. The right-wing Liberal Party saw significant success, indicating growing public support despite Jair's legal challenges. The new Congress will prioritize potential amnesty for Jair Bolsonaro in the upcoming session.
Tata Power adds 1.68 lakh rooftop solar installations in H1 FY27, up 50%
Uttar Pradesh, Maharashtra, Rajasthan and Kerala drove Tata Powers rooftop solar growth, with strong additions across residential and C&I markets.
UP man Akshay Kumar, 25, who travelled to Russia on a study visa in December 2024, has been missing since August 24 after his family alleged he was persuaded to join the Russian army on promises of citizenship and non-combat duties. His relatives have appealed to the Indian government to locate him and facilitate his return.
