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Videocon's Venugopal Dhoot declared bankrupt over Rs 12,668-cr SBI dues
The National Company Law Tribunal (NCLT) has declared former Videocon Industries promoter Venugopal Dhoot bankrupt, admitting State Bank of India's petition for Rs 12,668 crore in dues. A Bankruptcy Trustee has been appointed to manage the process and invite claims from creditors.
Auto Sector Reports Strong Dhanteras Deliveries, Expects Diwali Boost
India's auto sector has reported robust vehicle deliveries during Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai India experiencing significant growth across two-wheeler, passenger vehicle, and commercial vehicle segments. This strong momentum is expected to continue through Diwali, driven by positive market sentiment and high demand, even in the pre-owned car market.
Dhanteras: Gold Sales Up 15-20% by Value, Volumes Flat
Indian jewellers reported robust demand for gold and silver on Dhanteras, with gold sales by value estimated to increase by 15-20 per cent to approximately Rs 60,000 crore, driven by a recent drop in prices. However, volumes are expected to remain flat compared to last year due to overall higher price levels.
Nearly 30 Indian investors reportedly lost more than 100 crore after their Stockal Securities accounts were allegedly accessed without authorization. How to file a complain.
Dhanteras special | DDA offers 445 MIG flats from 43 lakh: Check booking amount and eligibility
The prices of the MIG flats range from approximately 43 lakh to 1.1 crore. The final cost will depend on the size of the flat, its location, category and applicable charges.
Samvat 2082: Commodities witness sharp volatility as crude surges
Brent crude surged 60.4% in Samvat 2082 amid the US-Iran conflict, while gold and silver fell in dollar terms after retreating from record highs, though rupee depreciation supported domestic returns.
Weakest Samvat in 15 years ends on a high for mkts as Sensex, Nifty rally
The Sensex and Nifty ended Samvat 2082 with losses of 4% and 3.1%, respectively, despite a sharp late rally that delivered their biggest weekly gains in nearly six years.
Street basks in Diwali glow: Benchmark indices post best week in 6 years
Rupee shines across Asia; Brent sinks most in a week since Covid
A Chandigarh consumer commission directed UCO Bank to pay 15,000 to a widow after finding that its delay in revising her family pension amounted to deficiency in service. The commission said later payment of arrears did not erase the hardship and mental harassment caused.
A bench comprising Justice BV Nagarathna and Justice R Mahadevan was hearing a case arising from claims by government employees against the Punjab government over pending payments.
NBFC credit to gold jewellery, consumer durables grows over 50 pc in Sep: RBI data
In September 2026, non-banking finance companies' credit to gold jewellery and consumer durables surged significantly. Credit for gold jewellery rose by 66.1 per cent to Rs 3.74 lakh crore compared to the previous year. Consumer durables also saw a 54.4 per cent increase in credit, reaching Rs 77,896 crore. Overall, credit growth for NBFCs stood at 15.4 per cent, totaling Rs 61.69 lakh crore.
The commission found that the developer had violated the terms of the agreement by selling the same property to another buyer despite having already accepted money from the original purchasers.
Rupee strengthens to close at a six-and-a-half-month high
The Indian currency closed at 93.90 per USD, up 57 paise against the previous close of 94.47
The dispute centres on whether Ann's daughter, Christine Giurdanella-Renzi, and the family's former lawyer can be barred from invoking the missed deadline because of alleged concealment and conflicts of interest.
Central government employees GPF savings are distributed under rules governing nominations and eligible family members. Here's who can claim the funds if no nominee exists.
This Samvat, can large companies learn to think like entrepreneurs?
As the new Samvat begins, large companies must embrace entrepreneurial thinking, foster innovation and build the agility to respond to uncertainty rather than rely solely on budgets and forecasts
Paras Defence, BroadPak Partner For Advanced Chip Packaging In India
An Indian defence engineering company, Paras Defence and Space Technologies, has partnered with US-based BroadPak Corporation to accelerate the development of advanced semiconductor packaging capabilities in India. This collaboration aims to establish a facility for heterogeneous integration and 3D packaging, focusing on critical technologies for AI, high-performance computing, and defence applications.
India's Forex Reserves Drop to $717 Billion
India's foreign exchange reserves saw a decline of $2.691 billion, settling at $717.056 billion for the week ending October 30, according to the Reserve Bank of India (RBI). This marks a continued reduction from the all-time high recorded in September.
India's AI Focus: Application Capital Of The World
Union IT Minister Ashwini Vaishnaw reiterated India's commitment to becoming the world's artificial intelligence (AI) application capital. This focus comes amidst a global downturn in AI stocks, with Vaishnaw acknowledging the industry's rapidly changing environment. India aims to deploy AI across various sectors for large-scale transformation.
Sebi warns Dabur India over delay in disclosing USFDA warning letter
The market regulator has cautioned Dabur India over delayed disclosure of a USFDA warning letter, saying repeated violations could attract enforcement action under Sebi rules.
SEBI proposes mandatory AML certification for intermediaries principal officers
SEBI has proposed that existing principal officers obtain the certification within six months of the issuance of the requirement
US stocks today: Nasdaq opens higher as chips pare losses, rate-hike fears linger
The Nasdaq opened higher on Friday as chip stocks came off heavy losses posted during a sharp selloff on fears that a Democratic-led Congress could result in tougher AI regulation,
Record FII selling of 4.55 trillion meets record DII buying in Samvat 2082
FIIs sold a record 4.55 trillion worth of Indian equities in Samvat 2082, while DIIs bought 8.55 trillion, cushioning the market against global turmoil and foreign selling
Karnataka flags ethanol levels crossing the permissible 20% limit in petrol samples
Tests detect ethanol levels up to 31.2 per cent, raising mileage concerns
Pressure on rupee continues in Samvat 2082; 10-year bond yields harden
The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points
Angel One overtakes Zerodha to become 2nd-largest broker by active clients
Angel One's active NSE client base rose to 6.99 million in October, surpassing Zerodha's 6.76 million, while Groww retained the top position with 13.75 million clients
A loan guarantor may be responsible for a borrowers debt, interest and penalties after default. Before signing, one should consider certain risks and know when to decline the arrangement.
Bombay HC plea seeks RBI direction for Tata Sons' stock market listing
Petitioners argue that Tata Sons must comply with RBI listing norms and have also sought Noel Tata's removal from key positions, citing public interest and governance concerns
Sagar Defence, Encube Ethicals among 4 firms to secure Sebi's nod for IPOs
Sagar Defence Engineering, Encube Ethicals, Arjun Jewellers and IFL Finance have received Sebi's approval to launch IPOs, with proposed issues including fresh shares and offers for sale.
Gold goes digital on Dhanteras as NSE clocks 1.8 lakh EGR trades in one day
NSE's Electronic Gold Receipts recorded 1,81,763 units in trading volume worth Rs 26.46 crore on Dhanteras. The milestone signals growing investor interest in regulated, exchange-traded gold ownership through demat accounts instead of physical purchases.
You cannot claim Teji unless you have stood through the Mandi, says Nilesh Shah, Kotak Mutual Fund
Nilesh Shah urges investors to remain disciplined through market volatility, emphasising that participating in bull market gains requires enduring downturns. He advocates patience, consistent asset allocation and commitment to investment strategies throughout market cycles.
Stock Market Live Updates: Nasdaq futures rebound as Nvidia, chip stocks recover after AI selloff
Ecom, qcom companies gear up for Diwali rush with expanded offerings
E-commerce order volumes rose 21% YoY during the festive period, with quick commerce leading at 75% growth as platforms expanded offerings across gifting, fashion and decor
Old-economy, banking and finance stocks dominate in Deepavali picks by brokerages
Despite deep corrections, analysts not keen on Infy, TCS, Wipro; Reliance, Jio Platforms also do not generate interest
India's forex reserves drop by $2.69 bn to $717 bn
Experts attribute this decline to the deployment of the Foreign Currency Non-Resident Bank (FCNR[B]) resources and also to currency defence put up by RBI through dollar sales
The consumer court ruled that the landlord could not withhold the security deposit without producing evidence of damage to the property or establishing any outstanding rent, utility bills or other dues
Rupee hits six-month high of 93.91 against dollar on oil price decline
The rupee gained 0.60 per cent to close at 93.91 against the dollar on Friday, its highest level since April 22, supported by falling crude oil prices and foreign equity inflows
SEBI proposes mandatory AML/CFT certification for principal officers of market intermediaries
The proposal is aimed at ensuring that principal officers possess adequate expertise to identify suspicious transactions, assess money-laundering risks and comply with reporting obligations under the AML/CFT framework
Silver prices reversed their recent upward trend on Dhanteras. Check how much silver costs in Chennai today.
India's 10-year bond posts best week in 7 years, leads emerging Asia as oil slides
This week, Indian government bonds saw a remarkable performance, outpacing other Asian markets as benchmark yields dropped significantly. Following the Democratic win in the US midterms, crude prices fell sharply, enticing foreign investors back to purchase a significant volume of Indian bonds. This shift alleviates pressure on the Reserve Bank of India to maintain elevated yields, contributing to a positive outlook for Indian debt moving forward.
A Delhi consumer commission ordered Kia dealer Jayanti Motors and its managing director to refund 1.08 lakh with 9% annual interest, pay 1 lakh compensation and 25,000 in legal costs for failing to deliver a booked Kia Carnival.
British Airways parent profit drops on higher fuel costs
IAG, the owner of British Airways and Iberia, said Friday that its net profit dropped more than 12 percent in the third quarter on soaring fuel costs and flight disruptions caused by the Middle East conflict. The group said its overall flight capacity had been hit y cancellations due to the conflict in the Middle East, together with aircraft availability linked to engine issues and disruption related to air traffic control disruption.
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
Copper falls for 4th day, heads for worst week since March on AI rout
Copper prices have faced yet another decline, marking four consecutive sessions of decrease, primarily due to a dip in technology shares and rising concerns over artificial intelligence investments. The three-month copper rate on the London Metal Exchange fell to a low not seen since late July. While tight supply, particularly outside the US, has cushioned further losses, a significant drop in copper stocks within Chinese warehouses is intensifying supply anxieties.
Siemens Q2 Results: Profit grows 5% to Rs 504 crore
Siemens Limited announced a consolidated net profit of Rs 504 crore for the quarter ending September 30, 2026. This represents a 4.78% increase compared to the previous year's profit of Rs 481 crore. Revenue from operations grew significantly to Rs 5,734 crore, up from Rs 4,900 crore a year prior. Additionally, new orders reached Rs 6,228 crore, a notable 38% increase year-over-year.
Sensex Jumps 1,718 Points, Nifty Reclaims 25,000 Amid Global Rout
Indian benchmark indices, Sensex and Nifty, extended their winning streak for the seventh consecutive day, defying a global market rout. The Sensex climbed 1,718 points to 81,028.02, and the Nifty reclaimed the 25,000 level, closing at 25,030.35, driven by sustained foreign fund inflows and easing crude oil prices.
Sensex, Nifty, Share Prices Highlights: Benchmark indices registered their seventh day of rally on Friday, defying a global market rout, with the Sensex climbing 1,718 points and the Nifty regaining the 25,000 level, as sustained foreign fund inflows and easing crude oil prices boosted optimism among investors.
The income tax department seeks changes to account-opening requirements and gather feedback from financial institutions to improve information exchanged with foreign tax authorities. Details here.
Rupee surges 52 points to close at 93.89 against US dollar
The domestic unit closed the session at 93.89 (provisional), registering a gain of 52 paise over its previous close
AI-driven attacks put telecom security on govt radar
DoT has held multiple rounds of talks with Airtel, Jio, Vodafone Idea and BSNL to strengthen network firewalls as CERT-In flags increasingly sophisticated AI-enabled cyberattacks.
The 3.85-km ropeway corridor will connect Varanasi Cantt railway station with Godowlia, cutting the travel time between the two locations from around 45 minutes to approximately 15-16 minutes.
Which market theme is a cracker but unlikely to last? Radhika Gupta, Nilesh Shah and 8 others answer
Fund managers Radhika Gupta, Nilesh Shah, Samir Arora and seven others flag market themes, from IPOs and AI to smallcaps and semiconductors, that may struggle to sustain momentum.
Indian rupee strengthens past 94/$ as oil slides, foreign inflows return
The Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign inflows into Indian equities and a sharp fall in oil prices are key factors. Analysts suggest India's equity markets may attract global investments as concerns about AI infrastructure spending grow. The Reserve Bank of India announced measures to support the rupee against maintaining fluctuations.
Parag Parikh GIFT City has launched the Parag Parikh India Flexi Cap Fund, offering NRIs, OCIs, and eligible foreign investors access to the domestic Flexi Cap Fund. Here's how the feeder fund works, its investment rules, key features, NFO details, and what it could mean for domestic investors.
Anti-AI trade makes Indian stocks Asias lone bright spot
Indian stocks are on track for their strongest weekly performance in more than five years, supported by overseas inflows and a recovery in earnings growth.
12 midcap stocks deliver returns of up to 136% in FY27 so far
Midcap stocks have outperformed the broader market in FY27, with 42 stocks gaining over 25%. We highlight 12 midcap stocks that have delivered exceptional returns, surging between 51% and 136% so far this financial year.
Neo Group announces launch of Neo Mutual Fund; appoints Ashutosh Bhargava as CEO
Neo Group has entered the mutual fund business with the launch of Neo Mutual Fund, expanding its wealth and asset management operations. Led by Ashutosh Bhargava and Sudeep Aggarwal, the fund house plans to introduce schemes across liquid, arbitrage, diversified equity and multi-asset allocation categories, subject to regulatory approvals.
Recovery agents calling your office or relatives? RBIs new norms ban this from 2027. Here are the rules and how to complain to the Ombudsman.
Thermax shares fall 20% to 52-week low after Q2 results, JM Financial maintains sell
The company reported a net profit of 114.54 crore in Q2FY27, down from 119.66 crore in Q2FY26.
Pharma stocks rally: Aurobindo, Divi's, Glenmark, Symbiotec hit new highs
Pharma stocks on a roll: Symbiotec Pharmalab, Windlas Biotech, Sai Life Sciences, Alembic Pharmaceuticals and Fermation Biotech were up in the range of 9-20% on Friday.
Bosch slips 4% from day's high; announces 1:5 stock split, 3:1 bonus issue
Bosch's Q2FY27 standalone net profit rose 21.7% YoY, while revenue from operations grew by 28.5%. Company announced 1:5 stock split and a liberal 3:1 bonus share issue on Friday.
GCC tech hiring down 3.5% in Q2, AI and data skills in demand
Tech hiring demand at India's Global Capability Centres (GCCs) saw a 3.5 per cent sequential decline in Q2 FY27, indicating a slowdown in fresh recruitment. However, demand for specialised skills like AI, data analytics, and cybersecurity professionals continued to rise significantly, with AI and data roles growing 14 per cent quarter-on-quarter.
Daksham Growth Ventures raises Rs 125 cr in first close of maiden consumer fund
Daksham Growth Ventures has completed the first close of its consumer-focused fund, raising approximately Rs 125 crore. The fund is registered as a Category II Alternative Investment Fund and targets a total corpus of Rs 150 crore. It aims to invest between Rs 5-20 crore in early-growth businesses including direct-to-consumer and B2B2C companies. The fund will support companies with governance, brand positioning, and distribution expansion.
Q2 results, order win drive Symbiotec Pharma 20% higher to new high
Symbiotec Pharmalab's stock got listed on September 1 this year and has rallied 54 per cent from the IPO price of 988 apiece.
RBI tightens cyber oversight of non-bank payment firms
The Reserve Bank of India (RBI) has issued a consolidated cybersecurity rulebook for all non-bank payment system operators (PSOs), including annual system audits and third-party ATM switch providers, to address vulnerabilities posed by artificial intelligence.
Can you buy mutual funds, index funds, equity ETFs, gold ETFs and silver ETFs during Muhurat Trading 2026? Experts explain order timings, NAV applicability, ETF settlement, SIP processing and what investors should check before investing on 8 November.
Angel One added 2.43 lakh active clients during October, taking its active client base to 69.99 lakh.
Planning to invest in gold and silver this Dhanteras 2026? Experts explain how much of your investment portfolio should go into precious metals, why gold should form the core allocation and how staggered purchases can help manage investment risks.
Floods and falling fire rates hurt general insurers in September quarter
Severe monsoon damage and aggressive price discounting in fire insurance pushed key players into underwriting losses, offsetting gains from strong investment returns.
Gold prices may touch Rs 1.68 lakh per 10 grams in 6-12 months: Report
Gold prices in India are projected to reach Rs 1.60-1.68 lakh per 10 grams over the next 6-12 months, driven by sustained investment demand, central-bank purchases, and global economic and geopolitical uncertainties, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).
Looking for MFs to invest in November? Parag Parikh Flexi Cap, Kotak Midcap among top 10 picks
Parag Parikh Flexi Cap Fund, HDFC Flexi Cap Fund, SBI Small Cap Fund, mutual funds, mutual fund news, Top 10 mutual funds to invest, Best schemes to invest in October, which are top 10 mutual funds to invest
Global FMCG majors bet big on India as sales outshine China, Europe
Strong demand for packaged foods and personal care items helped top brands turn in a standout September-quarter performance despite 22-month-high retail inflation and the RBIs first rate hike since 2023, prompting many to step up their capital commitments in India.
BMW Industries Q2 Results: Net profit rise 43% YoY to Rs 21.62 crore
BMW Industries Ltd has reported an impressive 42.7 percent increase in net profit for the quarter ending on September 30. The firm's total income surged by 33 percent compared to the same quarter last fiscal year, while EBITDA rose by 25 percent, showcasing its resilience and growth. Notably, the new greenfield downstream steel complex in Bokaro commenced operations, with future plans focused on optimizing capacity utilization across these facilities.
Sensex reclaims 80,000 after March; Nifty tops 24,700 despite global tech rout
Indias relative resilience underpinned by firmer rupee, moderating crude oil prices and sustained foreign institutional investor buying
Todays Gold Rate in India November 6: Gold prices down in Delhi, Mumbai, Kolkata, Chennai, Bengaluru
22, 24 carat Gold prices down across metro cities on November 6
22, 24 carat Gold prices down across other cities on November 6
'Anti-AI' trade puts Indian stocks ahead of Asian peers amid global selloff
Indian equities are headed for their biggest weekly gain in over five years, as a global selloff in AI stocks, falling crude oil prices and improving earnings prospects boost the market's appeal
HCC Q2 profit slumps 53% to Rs 22 crore
Hindustan Construction Company reported a decline in consolidated net profit for the September quarter of FY27. Income and expenses also saw a reduction in comparison to the previous year's figures. The company secured an order of Rs 524 crore and participated in several project bids. Additionally, construction progressed on various projects including the Indore and Patna Metro.
BSE Capital Goods index slips 4%; Thermax, Apar, Astral tank up to 20%
At 12:24 PM on Friday, the BSE Capital Goods index was the top loser among sectoral indices down 3.3 per cent, while the BSE Sensex gained 0.84 per cent.
Titan surges 2.5% on strong Q2 results; brokerages divided on upside
The stock has gained over 31 per cent in the past year and 22 per cent year-to-date, sharply outpacing the Nifty 50s negative returns over the same periods.
Five practical ways to control credit card spending during Diwali and Dhanteras 2026: set a festive budget, use discounts wisely, manage credit utilisation, avoid unnecessary EMIs and pay bills on time.
Tanishq's 22K gold rate stood at 1,31,900 per 10 grams on Dhanteras, November 6, while Malabar Gold priced it at 1,31,500. Here are the latest 22K and 24K rates, price trends and buying muhurat.
HDFC Bank shares rally 16% in four sessions, cross 12-lakh-crore market cap
Trading volumes climbed sharply as the stock outperformed the benchmark, while easing selling pressure pointed to improving market participation
Dhanteras gold, silver investments grow nearly 4X since 2005: Kotak Neo
Over these 21 years, gold and silver have been through several market cycles, but a small and consistent annual purchase would still have accumulated meaningful value.
Rupee hits over 6-month high of 94.06 as US dollar softens post midterms
The domestic currency opened at 94.50 against the dollar, depreciating 9 paise from its previous close of 94.41 but later recovered to touch 94.06, as per Bloomberg data.
Gold, silver fall offers scope for 15-35% gains by next Dhanteras: Analysts
Axis Direct has a more upbeat outlook of gold rising by 18 per cent by next Dhanteras, with target prices of 165,000-171,00.
Largecaps could finally have their day in Samvat 2083, says TCG AMCs Shahzad Madon
Largecaps, which have lagged mid- and smallcaps for much of 2026, could finally regain market leadership in Samvat 2083 as investors turn to businesses with stronger balance sheets, credible management and sustainable earnings growth, according to TCG AMCs Shahzad Madon.
Uttar Pradesh has approved a 30-day ad hoc bonus for eligible state government employees for 2025-26. The maximum bonus is 6,908, of which 75% will go into GPF or other specified savings accounts, and 25% will be paid in cash.
India bonds emerge as top Asian performers as oil, Treasury yields decline
This week, Indian government bonds saw a positive trend following a Democratic win in the U.S. midterm elections. The reduction in oil prices and Treasury yields eased rupee pressure, boosting investor confidence. The benchmark bond yield improved significantly, declining by approximately 22 basis points. Furthermore, the surge in foreign investments into Indian bonds marked a notable high since July, leading to enhanced overall market sentiment.
Gold and silver ETFs fell up to 4% on Friday as crude oil's rebound revived inflation concerns and rate-hike worries. While precious metals faced pressure amid global volatility, experts shared their outlook, key support and resistance levels, and buying strategies. Here's a look at ETF performance, market cues and expert recommendations for gold and silver investors.
