Business Standard

A fresh tender window for minority shareholders will open on November 2, while Tata Sons Chairman N Chandrasekaran has been appointed Iveco's chairperson following the takeover

The company's revenue from operations also increased by 17.6 per cent in Q2FY27 to Rs 4,468 crore, compared with Rs 3,798 crore in the corresponding quarter last year

Exceptional charges of Rs 1,268.8 crore, including a US antitrust settlement and Organon acquisition costs, weighed on profit, while India formulation sales grew 17.3 per cent

Reliance Consumer Products' gross revenue grew 1.6 times to Rs 8,266 crore in Q2FY27, while Reliance Retail's finance costs rose 53.9 per cent to Rs 905 crore during the quarter

After truce meeting with Chandrasekaran, Noel wants Tata Sons restructuring and Shapoorji Pallonji fundraising on the board agenda

The DSCI guide outlines how liability should be allocated across enterprises, AI developers and service providers, highlighting governance risks in autonomous AI systems

RIL Q2 results: Net profit jumps 40.6% to 25,548 crore, beats estimates

Avenir Investment converted 8.69 crore warrants into equity shares for about Rs 906 crore, raising its stake in Sammaan Capital from 28.34 per cent to 33.32 per cent

Tiruchirappalli (Tamil Nadu) [India], October 30: AugurAI Private Limited, a deep-tech company building Precision Optics and AI-powered Visual Inspection Systems for industrial manufacturing, has raised 2 crore from Campus Angels Network (CAN). The entire round was funded by CAN investors.

Aditya Birla Capital's Q2FY27 profit rose 38 per cent to 1,288 crore, driven by strong lending growth, with its NBFC and housing finance arms reporting higher earnings

Following Vikram-1's maiden orbital launch in July, Skyroot plans to begin commercial operations in early 2027 and scale up to one rocket launch a month by the end of next year

Idco terminates the 2013 land allotment after an inspection finds the site vacant. Vedanta had proposed using the land for future expansion and healthcare facilities

TCS-partnered marathons accounted for 53 per cent of the $6 billion economic impact and 73 per cent of charitable fundraising by the world's top 50 marathons in 2025

Jio Platforms reported a 13.7% rise in Q2FY27 net profit to 8,389 crore, marking its first quarterly results since the telecom and digital major's record $3.2 billion stock market debut.

New Delhi [India], October 30: Hathi Edible Oil, a pioneer in India's packaged edible oil category with a legacy dating back to 1912, has appointed actor Anupam Kher as its brand ambassador. The association brings together a brand with a 114-year legacy and an actor whose work across family dramas, comedy and serious cinema has connected with audiences across generations. The partnership aims to strengthen Hathi's brand equity and give its identity a contemporary appeal.

Smartworks expects 90-100 crore in incremental revenue after raising its FY27 growth guidance, backed by strong enterprise demand and over 540 crore in new rental contracts

Zee Entertainment reported a 37.5 per cent fall in Q2FY27 net profit to 47.8 crore as margins narrowed, even as revenue rose 13 per cent on growth in its digital business.

Max Healthcare's Q2FY27 net profit declined 15.6 per cent to 414.45 crore as operating and tax expenses rose, even as revenue grew 16.8 per cent on higher patient demand.

Bank of Baroda's net profit rose 36 per cent YoY to a record 6,532 crore in Q2FY27, aided by higher treasury income, while advances grew 18.3 per cent and asset quality improved

Max Healthcare's Q2 FY27 network profit rose 10.34% to 448 crore, while gross revenue grew 20% to 3,219 crore, driven by higher bed occupancy and international patient demand.

Indian Oil's Q2 profit nearly tripled to 21,630 crore, aided by 7,243 crore in government compensation for LPG losses, even as higher crude prices pushed up expenses.

WorldQuant's Nitish Maini says India's deep technical talent pool and strong technology infrastructure offer a foundation for sustained growth in quantitative investing

Bengaluru (Karnataka) [India], October 30: When a child develops a high fever in the middle of the night, has difficulty breathing or experiences a sudden seizure, parents are often faced with a critical question: Is this serious, and where should I go for help? In such moments, uncertainty can delay medical attention when every minute matters.

Ludhiana (Punjab) [India], October 30: Netplus Broadband has announced the association of popular Punjabi singer and actor Ammy Virk and actor Tania as its brand ambassadors. The partnership brings two of Punjabi entertainment's most recognised names to the brand at a time when reliable home connectivity is central to how families watch, learn, work and stay in touch.

Joseph, who has over 36 years of experience in the financial industry, succeeds Raj Vikash Verma, who died on October 16, and will guide the company's governance and growth.

Ahmedabad (Gujarat) [India], October 30, 2026: Kheria Autocomp Ltd (NSE SME: KHERIAAUTO), a manufacturer of plastic injection-moulded automotive components and sub-assemblies catering to passenger vehicles across ICE and EV platforms, has announced its unaudited financial results for the half year ended September 30, 2026 (H1 FY27).

Airtel Africa has posted around 16 per cent increase in profit after tax at USD 254 million on reported currency basis for the second quarter ended September 30, 2026. The company had logged a profit after tax of USD 219 million in the same period a year ago. Revenue increased by 26 per cent to USD 1,970 million from USD 1,567 million in the September 2025 quarter. Revenue, however, increased by 20.6 per cent on constant currency basis. The total customer base increased 11.6 per cent to 193.9 mi

New Delhi [India], October 30: In one of the largest creator-led go-to-market executions during India's peak festive shopping season, Motorola India partnered with leading influencer marketing agency Idiotic Media to deploy 800+ micro and macro creators for the Flipkart Big Billion Days (BBD) sale. The high-impact campaign generated over 406 million views, 3.31 million total engagements, and drove 1 million direct link clicks to Motorola's Flipkart store pages, turning festive attention into imm

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Friday reported a 13.54 per cent on-year increase in consolidated net profit at Rs 830.6 crore for the September quarter of 2026, driven by double-digit volume growth in India and international markets. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 731.51 crore in the July-September quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). Revenue from opera

The lender says its banking systems and services remain unaffected; the investigation follows a hacking group's claim that it accessed KYC, loan and other customer records

New Delhi [India], October 30: Seventeen-year-old Arjit Aggarwal is bringing entrepreneurial thinking into classrooms through Sprout Academy, a learning platform he launched at 15. Through school programs and camps for students in Grades 1-12, he aims to help young learners identify everyday problems, explore solutions, and develop the confidence to put their ideas into practice.

Hinduja Housing Finance on Friday announced the appointment of Vivek Kannan as its Chief Executive Officer. Kannan, who joined the company as Chief Operating Officer in 2020, succeeds Sachin Pillai, who stepped down as Managing Director of the housing finance company on October 29. Pillai will continue on the company's board as a non-executive director. Kannan with over two decades of experience in the financial services sector will focus on strengthening the company's market presence and drivin

Bangalore (Karnataka) [India], October 30: As farmers across India prepare for the rabi season, fertiliser management remains a key consideration in crop productivity, soil health and cultivation costs. Amid growing attention to nutrient-use efficiency and sustainable agriculture, Vardaan, developed by The Art of Living Sri Sri Naisargik, a 100% organic bio-fertiliser, is emerging as a biological alternative to conventional fertiliser practices.

Gurugram (Haryana) [India], October 29: Origen Realty, a leading real estate developer in Delhi-NCR, has kick-started construction of The Oryza, its first residential project. The company has partnered with Indigo Infra projects Pvt. Ltd., a civil engineering and geotechnical construction company specialising in foundation, substructure and ground engineering works, for the execution of diaphragm wall construction.

The company had posted a net loss of 3.13 crore in the year-ago period

The Finance Ministry said the Core Group of Secretaries on Disinvestment had the authority to decide the bidding process, which helped increase the IDBI Bank stake sale value by 3,917 crore

The US FDA approval expands ILUMYA's use beyond plaque psoriasis, adding a new treatment option for adults with active psoriatic arthritis

The Vedanta Group has lined up USD 25 billion in investments over the next three years to expand capacities across its existing businesses through organic growth and brownfield expansions, a top company official said. Vedanta founder and chairman Anil Agarwal, who was in the city on Wednesday, said the conglomerate would focus on its existing assets for growth, while remaining open to acquiring public sector assets if opportunities arise. Current capex plans are for organic growth in aluminium,

The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans

New Delhi [India], October 29: Most of the conversation about AI in schools is about students and homework. Dreamtime AiQ was built for the school itself. It gives owners more visibility into critical school metrics, from learning outcomes to teacher insights, through a daily AI-generated report, so they don't have to wait for exam results to see how their school is doing.

Pune (Maharashtra) [India], October 29: INSIGHT - The Mind Clinic, Pune, has integrated Emoscape, Nihilent's medical-grade Emotion AI platform, into its clinical practice to enhance the objectivity of detecting patients' emotional states and enable more informed and personalised patient care. Led by Dr. Hamza Hussain, Founder of INSIGHT - The Mind Clinic and HOD, Mental Health at Ruby Hospital, Pune, the initiative brings AI-based emotion assessment into the clinic's existing psychiatric and psy

Volkswagen tax dispute: India defends $1.2 billion import duty demand

Punjab National Bank (PNB) on Thursday assured customers that all genuine claims will be honoured and already settled three claims amounting to Rs 43 lakh in connection with alleged financial irregularities involving certain customer fixed and savings bank (SB) deposit accounts at the Greater Noida branch. A day after the incident was reported, PNB in a statement said the bank has taken serious cognisance of the complaints and is examining the matter on priority. Three claims amounting to Rs 43

Alphabet lost over $500 billion in market value as weaker-than-expected search and advertising sales raised concerns over AI's impact on Google's core business and soaring infrastructure costs.

Cognizant cuts its 2026 constant-currency growth forecast to 4-4.4 per cent amid weak discretionary spending, even as Q3 revenue rises 4.6 per cent and net profit reaches $627 million.

Microsoft is seeking to raise at least $25 billion through its first US bond sale since 2017, testing investor appetite for AI-linked debt amid rising borrowing costs and spending concerns.

Coal India's Q2FY27 profit rises to 6,547 crore as higher coal realisations and other income offset rising expenses, while total income increases 21 per cent to 46,833 crore

AI agents must operate under strict controls, with enterprises held accountable for their actions, says Netskope CEO Sanjay Beri

UK authorities have issued a notice for the proposed dissolution of Hamleys (Franchising) Ltd, which recorded 56.08 crore in turnover in 2025 and had nil net worth at year-end.

Brigade Enterprises reports 1,827 crore in real estate sales during Q2FY27, supported by strong residential demand and project launches, while Ebitda rises 27.5 per cent to 478 crore.