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The Hindu Businessline

Business / The Hindu Businessline

Rupee rises 13 paise to settle at 94.71 against US dollar

A recovery in crucial oil prices due to geopolitical uncertainties capped gains in the Indian currency, according to forex traders.

3 Nov 2026 4:00 pm
Zydus Wellness Q2 profit at 5 crore despite 75% revenue growth; exceptional costs weigh

The relatively modest bottomline came amid exceptional expenses of 3.42 crore during the quarter, including costs related to the liquidation of its subsidiary Naturell (India) Pvt Ltd and the acquisition of Comfort Click Ltd.

3 Nov 2026 4:00 pm
Tamilnadu Petroproducts Q2 net profit almost doubles

The company attributed the performance to stable demand and efficient cost management

3 Nov 2026 3:56 pm
Coonoor Auction: Tea prices rise on blenders support, export demand

Traders attribute the price rise to lower crop arrivals at Sale 44, a seasonal trend generally observed during September and October

3 Nov 2026 3:50 pm
Joy Alukkas announces 100 crore allocation to strengthen charitable initiatives

The allocation will be utilised to expand charitable activities, strengthen infrastructure and provide financial assistance to communities in need

3 Nov 2026 3:36 pm
Banks overtake NBFCs in gold loans outstanding

Retail and personal loans remained a major area of NBFC activity, with outstanding credit reaching 19.26 lakh crore, against 66.64 lakh crore for banks

3 Nov 2026 3:32 pm
IndiGo eyes deeper airline partnerships for long-haul push

Market access, rather than financial investment, to drive commercial tie-ups as airline prepares for A350 operations

3 Nov 2026 3:26 pm
Amazon clocks over 50% growth in shopping volumes during its Great Indian Festival

One in two products delivered within minutes through Amazon Now, 70% of consumer visits came from beyond metros

3 Nov 2026 3:16 pm
India aiming to achieve 3 lakh crore defence production, 50K crore defence exports by 2029: Rajnath

Strategic autonomy and indigenous technological capabilities are essential to safeguarding national security, he said.

3 Nov 2026 3:11 pm
Coonoor tea prices rise on blenders support, export demand

Traders attribute the price rise to lower crop arrivals at Sale 44, a seasonal trend generally observed during September and October

3 Nov 2026 2:57 pm
Air India targets international market share, plans more wide-body orders

Long-haul business could lead group growth; airline strengthens overseas sales and rebalances hubs

3 Nov 2026 2:56 pm
India has earned world's trust, nations keen to forge trade agreements: Piyush Goyal

India is aggressively pursuing preferential market access for its key export sectors, including textiles, pharmaceuticals, footwear, etc., Goyal says

3 Nov 2026 2:55 pm
Never a good strategy to compete with your customers: AAHL CEO on airline business

He also made it clear that AAHL and Adani Group should be segregated in this context

3 Nov 2026 2:31 pm
Thiruvananthapuram airport records highest-ever domestic cargo volume in October

The airport handled 444 metric tonnes of cargo, surpassing its previous record as businesses and logistics partners increasingly use its domestic cargo network.

3 Nov 2026 2:31 pm
SBI reports 14% increase in Q2FY27 standalone net profit at 23,038 cr

Net interest income grows 15% year-on-year to 49,143 crore, while exceptional gains from stake sales boost quarterly earnings.

3 Nov 2026 2:21 pm
India has never allowed import of GM products, will not do so in future: Goyal

Addressing students of Kirori Mal College here, Goyal also said that dairy sector is very sensitive in the country and India has never given any duty concessions in any free trade agreement in this sector

3 Nov 2026 2:21 pm
Gold demand down 30% in September quarter as high prices hurt jewellery sales

Demand recovery seen in the December quarter on softer prices, festive buying and extended wedding season

3 Nov 2026 2:21 pm
RBI eases services export reporting compliance for individual exporters, issues notification

Any individuals earning income from overseas clients will not have to submit an EDF separately if they provide the required payment-related information to their bank

3 Nov 2026 2:07 pm
3 Nov 2026 1:47 pm
3 Nov 2026 1:47 pm
Amara Raja, Motherson and Belrise chart new growth paths in auto supply chain

Amara Raja expands into automotive services; Belrise licenses weight-saving tech; Motherson partners with NTU to accelerate curing, cut costs

3 Nov 2026 1:45 pm
Marico bets on 1,012-cr Plix deal for 20,000-cr revenue goal

Marico has raised its stake in Plix owner Satiya Nutraceuticals to 84.09% through a 1,012-crore acquisition as it pursues digital-first profitability, AI-led distribution and international diversification

3 Nov 2026 1:44 pm
Waaree Energies doubles Texas solar module manufacturing capacity to 3.2 GW

The two new manufacturing lines, each with an annual capacity of 800 MW, began commercial production on October 29

3 Nov 2026 1:38 pm
Nifty tops 23,600 at midday as Banks, Telecom lead broad rally

Market breadth on the BSE was firmly positive, with 2,580 stocks advancing against 1,587 declining and 228 unchanged, out of 4,395 stocks traded

3 Nov 2026 1:28 pm
Sonowal says one Indian seafarer killed after vessel hit off Oman coast

Shipping minister reports an Indian seafarer died after MSV Al Jusufi struck by unknown object near Oman; 13 rescued, repatriation planned

3 Nov 2026 1:26 pm
Ola raises 600 crore as SoftBank sells rights, registrations fall

Shareholders still owe 400 crore as registrations fall despite a growing electric two-wheeler market. SoftBank and promoter-linked entities have reduced or transferred their entitlements.

3 Nov 2026 1:24 pm
Choice International posts record quarter, stock holds gain as NH Investment Funds land

Net profit after tax rose 23% year-on-year to 69.47 crore for the quarter ended September 30, 2026, with a PAT margin of 18.33%; EBITDA came in at 130.63 crore, reflecting a margin of 34.47%

3 Nov 2026 1:23 pm
SC posts pleas challenging validity of Waqf (Amendment) Act, 2025 to January 21 next year

A bench comprising Justices MM Sundresh and PB Varale asked the parties in the case to complete the pleadings in the matter by December 31.

3 Nov 2026 1:23 pm
Tata Projects bags major contract for global automaker's Maharashtra plant

The work covers three critical packages: the assembly shop, press and weld shop and utility and support buildings

3 Nov 2026 1:21 pm
Disney plans thousands of layoffs, targeting 20% cost savings

The company has promised double-digit growth in adjusted earnings per share in the current fiscal year

3 Nov 2026 1:17 pm
Chhattisgarh targets 15,000 MW green energy capacity by 2030; showcases investment opportunities at BRESE 2026

State plans 1.33 lakh crore in renewable energy investments as it looks to raise green powers share in electricity demand to over 45%.

3 Nov 2026 1:02 pm
AI driven productivity could expand Indias GDP: Cognizant

The model also indicates a theoretical upper bound of $830 billion annually, assuming widespread adoption of AI across the entire workforce and full translation of productivity gains into economic output

3 Nov 2026 1:00 pm
Asian Paints surges 2.7% as investors rush ahead of dividend ex-date

The stock remains well below its 52-week high of 2,985.70 hit in December 2025, and is down roughly 12.5% year-to-date

3 Nov 2026 12:58 pm
NSE International Exchange expands trading to 23-1/2-hours

New schedule, effective November 2, allows trading from 3:15 am to 2:45 am the following day, offering access across Asian, European and US markets.

3 Nov 2026 12:54 pm
ITC shares gain modestly after Q2 results; analysts split on outlook

ITC has fallen nearly 35% over the past year compared to a decline of about 8% for the Nifty 50, and is down roughly 26% year-to-date

3 Nov 2026 12:53 pm
India will make tunnel boring machines at home if China restricts exports: Goyal

Our ties with China are good and will improve in the absence of new obstacles, Goyal added.

3 Nov 2026 12:53 pm
Prof CK Kokate, the man behind review of irrational combination drugs, dies at 79

Former KLE Academy Vice-Chancellor chaired the committee that identified over 300 irrational fixed-dose combinations, many of which were subsequently banned.

3 Nov 2026 12:48 pm
Indias tax hike drives illegal gold imports to 3-year high

Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier, the producer-funded group said, citing data from consultancy Metals Focus

3 Nov 2026 12:44 pm
Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn

The restructuring aims to reduce excess capacity, lower personnel costs and simplify the organization

3 Nov 2026 12:43 pm
BIT Mesra, IIT Kanpur sign 5-yr MoU to strengthen research, higher education ecosystem

The agreement was signed by BIT Mesra Vice-Chancellor Prof Indranil Manna and IIT Kanpur Director Prof Manindra Agrawal

3 Nov 2026 12:42 pm
Captain Polyplast net profit up 5% on higher demand in Q2

The company, which diversified its operations into the fast-paced solar EPC and polymer markets, registered 7% increase in net profit to 9 crore in the first half of this fiscal

3 Nov 2026 12:28 pm
Indian Americans swing back to Democrats in US midterms; Trumps 2024 gains fade, shows new survey

As per the survey, 62% of Indian American citizens said they intend to vote for the Democratic candidate in their Congressional district and only 19% intend to vote for the Republican

3 Nov 2026 12:27 pm
BLS Polymers, SFC Environmental Tech shares make strong D-Street debut, hits upper circuit level

BLS Polymers shares listed at 244.10 on the BSE, registering a premium of 62.7% over the IPO price of 150

3 Nov 2026 12:25 pm
Aluminium futures: Resistance holds

The November futures, which saw a rally in the second half of October, was trading in a range over the past week. It has been oscillating between 327 and 332

3 Nov 2026 12:17 pm
Rajesh Power Services net profit up 34% on better order execution

Revenue increased to 929 crore (638 crore) and the company has unexecuted order book of 3,647 crore as of September-end. It has executed projects worth 929 crore in the first half of this fiscal

3 Nov 2026 12:14 pm
Meesho infuses nearly 400 cr in lending service subsidiary Meesho Payments

The company has subscribed to 1,14,28,571 fully paid-up equity shares of face value Re 1 each at a premium of 349 per share, for a total cash consideration of 3,99,99,99,850

3 Nov 2026 12:13 pm
Marico surges 8% after Q2 earnings beat; analysts raise targets

The stock opened at 832.55 and has traded in a range of 826.05 to 865 through the session. Trading volumes were heavy, with over 90.69 lakh shares changing hands, translating to a traded value of 770.55 crore.

3 Nov 2026 12:12 pm
India's 2026 gold demand seen falling to six-year low on price rise

Gold demand fell 29% y-o-y to 162.5 metric tonnes in the September quarter, as jewellery purchases declined 20% and investment demand dropped 40%

3 Nov 2026 11:54 am
Arvind explores Ruf & Tuf revival as denim volumes rise

The company, which owns the brand but has kept it dormant for several years, is evaluating just-in-time manufacturing capabilities that could potentially pave the way for its revival, vice-chairman Punit Lalbhai said.

3 Nov 2026 11:36 am