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The Hindu Businessline

Business / The Hindu Businessline

SBI Q2 results: Net profit seen rising 45% on stake-sale gains and income growth

Brokerage estimates put SBIs September-quarter net profit between 23,539 crore and 25,250 crore, ahead of its results announcement

3 Nov 2026 8:59 am
Rupee to benefit from oil plunge while facing technical resistance, dollar strength

The rupee is expected to open in the 94.75-94.78 range, per traders, having settled at 94.90 to the dollar on Monday

3 Nov 2026 8:53 am
Animal trials being curbed

Other methods now being used to test drugs for humans

3 Nov 2026 8:50 am
Glenn Maxwell retires from international cricket after 14-year career

The 38-year-olds final appearance came against Oman at the 2026 T20 World Cup, where he took two wickets

3 Nov 2026 8:29 am
Trump says Iran wants deal more than ever as US weighs next move

Qatari mediators are awaiting responses from Washington and Tehran to a draft agreement aimed at restarting direct negotiations between the countries.

3 Nov 2026 8:17 am
Government has fiscal headroom to absorb 50,000-crore revenue loss from scrapping LTCG tax: SBI Research

The proposal includes raising the annual exemption limit, reducing tax rates for longer holding periods and increasing the Securities Transaction Tax

3 Nov 2026 8:08 am
Tamil Nadu announces Deepavali bonus for 5,190 sugar mill workers

The festival payout will cover 18 sugar mills, with eligible workers receiving between 10 and 20 per cent in bonus and ex-gratia.

3 Nov 2026 7:46 am
Buzzing stocks: GRSE, Dr Reddys, Lupin, NBCC, HPCL, Belrise and Datakosa in focus

From GRSEs 32,000-crore Indian Navy contract and USFDA approvals for pharma companies to fresh infrastructure, AI automation and laptop supply orders, several companies announced significant business developments

3 Nov 2026 7:19 am
Indian markets likely to open higher; Gift Nifty signals 150-point gap-up

Easing crude oil prices and hopes of Middle East de-escalation support sentiment, even as global markets remain under pressure

3 Nov 2026 7:19 am
Tiger Triumph 2026: US and Indian forces begin joint military exercise in Visakhapatnam

The bilateral exercise brings together the two countries armed forces for joint training in humanitarian assistance, disaster response and operational coordination

3 Nov 2026 7:13 am
Sensex today | Stock Market Live: Stock to buy today: Grindwell Norton (1,965)

Sensex, Nifty, Share Prices Live: The short-term outlook is bullish for Grindwell Norton. The stock has bounced after forming a good base around 1,800. The presence of the 200-Day Moving Average (DMA) around 1,800 makes this bounce a significant one. The region between 1,820 and 1,800 will be a good support zone now. Immediate resistance is around 2,000.

3 Nov 2026 6:49 am
Cyclone Murasu begins landfall near Ongole in Andhra Pradesh, winds reach 120 kmph

Heavy rainfall and powerful winds swept parts of coastal Andhra Pradesh as the severe cyclonic storm approached the shoreline early Wednesday

3 Nov 2026 6:38 am
How does India tax equity investors? A look at LTCG, STCG and STT

Indias equity market underperformance and heavy investor taxation have intensified calls for changes to the countrys capital gains tax structure.

3 Nov 2026 5:29 am
Explosions reported on Irans Qeshm Island amid rising tensions with US

The reported blasts come amid heightened military tensions, competing claims over US drone activity and diplomatic efforts to prevent further escalation

3 Nov 2026 5:19 am
HPCL says fire at Visakhapatnam refinery controlled, no damage to units

The fire broke out around 10 pm on November 2, prompting the refinerys Fire and Safety Team to activate emergency response measures

3 Nov 2026 4:50 am
RBI approves appointment of Sankaran Gas ED of City Union Bank

Sankaran Gis currently an Executive President of the bank

2 Nov 2026 10:12 pm
Tata dispute must be settled internally, should not spill into public: Finance Minister

Says concerns over equity taxation will be considered as FPI flows show signs of recovery

2 Nov 2026 10:09 pm
Telangana to call for tenders for deploying AI in market yards

Telangana to be the first state in India to have such a system, Agriculture Minister Tummala Nageswara Rao says

2 Nov 2026 10:00 pm
ITC Ltd Q2 net skids 20% to 4,137 crore, higher taxation hits cigarette biz profitability

Revenue from operations grew 45.65% y-o-y to 28,317.67 crore on a strong performance across non-cigarette business segments

2 Nov 2026 9:57 pm
SEBI allows REITs, InvITs to raise foreign funds through depository receipts

Separately reduces the cooling-off period for OFS by privately listed illiquid InvITs to eight weeks from 12 weeks

2 Nov 2026 9:52 pm
PVV Infra takes possession of NHLML wayside amenities sites in Madhya Pradesh

The projects form part of NHLMLs national programme of over 700 wayside amenities sites, spaced roughly every 4060 km along National Highways, with completion targeted by FY29

2 Nov 2026 9:52 pm
Chandra reappointment has sullied Tata Sons image: Darius Khambata; declines another term in office

In a pointed letter declining another term himself, he pins the fallout on governance clashes, the trusts fiduciary duties, and splits over Tata Sons private status and possible share sales

2 Nov 2026 9:46 pm
TVS Holdings allotted shares in Home Credit India Finance as part of rights issue

The aggregate cost of this additional investment exceeds the materiality threshold specified under regulations but the companys aggregate holding in HCIFPL remains at 74.45 per cent% since it was a rights issue, the company explained

2 Nov 2026 9:46 pm
Overdependence on fossil fuels will continue to disrupt global economy: PM Modi

Modi noted that the renewable energy sector has attracted over 15 lakh crore, or $164 billion, over the past decade

2 Nov 2026 9:43 pm
From smartphones to MRI systems, memory crunch drives up chip costs

Mobile gross merchandise value growth is projected to slow to 6 per cent in 2026, from 26 per cent in 2025

2 Nov 2026 9:39 pm
Surge in Reliance lifts Sensex by 1.6%; Nifty tops 23,400

Falling crude prices, improving FII flows, too, aid in all-round rally

2 Nov 2026 9:34 pm
Clinics On Cloud secures $12.5 million in Series A funding

Clinics On Cloud plans to strengthen its AI-led healthcare capabilities, expand research and development, and accelerate the growth of its connected microclinic ecosystem

2 Nov 2026 9:34 pm
TRAI amends consumer redressal framework with fine up to 20 lakh per quarter per service area for telcos

The amended regulations will apply to ISPs having more than 10,000 subscribers as of the last day of the preceding financial year

2 Nov 2026 9:18 pm
Distribution mix could slightly change if there is some slowdown in insurance broking side, says HDFC Life Chief Business Officer Vineet Arora

He added that reforms to distribution norms could modestly alter channel dynamics, but the agency channel should be least affected, while brokers face the greatest impact

2 Nov 2026 9:16 pm
Tech firms eye business opportunity in AI model routing

The move could cut expenses and boost reliability as organisations move from experimentation to production, leveraging open-weight and frontier models across diverse use cases

2 Nov 2026 9:00 pm
IRDAI streamlines regulatory procedures for insurer share transfers, IPOs and mergers

Provides clarity on approvals, disclosures and cuts processing fee for share transfer approvals

2 Nov 2026 8:52 pm
Indias sugar production up at a record high of 8.5 lakh tonnes in October

In the first month of the crushing season, Maharashtra produced 7.20 lakh tonnes

2 Nov 2026 8:52 pm
Cipla tops drug overcharging dues with 3,576 crore; J&J, Ranbaxy among top five

The government regulates the prices of certain medicines to prevent companies from charging patients more than the permitted amount

2 Nov 2026 8:52 pm
Dr Reddys injectable lenacapavir for HIV prevention gets tentative nod from USFDA

The first supplies are expected to reach people by the end of 2026, with broader rollout across eligible countries expected in 2027

2 Nov 2026 8:46 pm
2 Nov 2026 8:45 pm
Reliance Consumer Products expands Independence biscuit portfolio with nine new variants

Launch supported by RCPLs brand association with Ajith Kumar Racing

2 Nov 2026 8:41 pm
Indias rabi acreage down 46% as sowing of all crops gets delayed

Coverage of mustard down 47%, under pulses 52% and gram by 59%, while the area under paddy and wheat is also lower

2 Nov 2026 8:40 pm
PNB, Indian Bank up MCLRs; BoI increases term deposit rates

The interest rate changes come in the backdrop of the Reserve Bank of Indias rate-setting panel raising the policy repo rate by 25 basis points from 5.25 per cent to 5.50 per cent on October 07, 2026

2 Nov 2026 8:35 pm
Telecom preview: Brokerages anticipate healthy Q2, led by ARPU and subscriber adds

While brokerages seemed confident of a tariff hike by the end of calendar 2026, analysts are now pushing the timeline to mid-2027

2 Nov 2026 8:26 pm
City Union Bank recieves RBI nod for new ED

Executive President to serve a three-year term as Whole-time Director, subject to Board approval.

2 Nov 2026 8:24 pm
Gujarat-PSU GSFC FY27 Q2 profit falls 38% despite revenue growth; to exit port logistics subsidiary

Revenue from operations rose 49 per cent year-on-year to Rs 4,741 crore in the September quarter, compared with the corresponding period last year

2 Nov 2026 8:24 pm
PM Modi likely to inaugurate Bengalurus elevated Pink Line on November 13

The elevated section has seven stations: Kalena Agrahara, Hulimavu, IIMB, JP Nagar 4th Phase, Jayadeva Hospital, Ragigudda and Tavarekere

2 Nov 2026 8:18 pm
Norton Motorcycles announces its new 450 cc urban motorcycle

Sales will begin in 2027, with the motorcycles official model name to be revealed ahead of launch.

2 Nov 2026 8:13 pm
Global consumer products makers see India as a key growth region in September quarter

Beverage major Coca-Cola said that India delivered a strong volume growth with each of its top ten brands growing double digits in Q3 CY2026

2 Nov 2026 8:08 pm
iD Fresh Food revenue rises 28% to 879 crore; exceptional items weigh on bottom line

Total expenses increased to around 800 crore during the year

2 Nov 2026 8:03 pm
37 of top 100 companies still combine chairperson, CEO roles

Four years after SEBI made separation voluntary, survey finds little change; Damodaran urges SEBI to restore separation of the two posts

2 Nov 2026 7:59 pm
IDBI Bank privatisation: Employees go on strike against Fairfax acquisition

More than 10,000 staff across over 2,000 branches to participate in agitation on November 2, 3

2 Nov 2026 7:54 pm
India, EU to maintain close contact on FTA implementation issues

The Commerce Secretary met key European officials in Brussels to discuss measures to facilitate two-way trade, unlock new opportunities

2 Nov 2026 7:38 pm
SC raps Centre for stalling enforcement of Vedanta arbitration awards

At the heart of the dispute was how payments towards costs previously incurred by ONGC in developing the oilfield were to be accounted for while calculating the companies share of revenue from oil production

2 Nov 2026 7:36 pm