The Economic Times
Elections 2026Company / The Economic Times
In a significant transition, Warren Buffett has officially handed over the reins of Berkshire Hathaway to his son, Howard Buffett. Reflecting on aging, Buffett quoted Father Time in his heartfelt farewell. His investment in Apple has thrived, now dominating a hefty segment of Berkshire's equity portfolio. Nonetheless, he expressed unease regarding the stock market's speculative trends overshadowing value investing, while remaining hopeful about the company's bright future as a shareholder.
Sleeper buses traveling along highways are facing heightened scrutiny following a tragic fire incident that resulted in nine fatalities. Experts warn that modifications intended to boost passenger capacity could undermine safety measures and evacuation protocols. The use of unauthorized retrofits raises concerns about fire hazards, as many buses have evaded proper fitness assessments. Ensuring passenger safety is a collective responsibility shared by bus operators, manufacturers, and retrofitter
Brazilian aerospace firm Embraer has partnered with Indian Mahindra Group for the Indian Air Force's transport aircraft programme. The partnership will involve offering Embraer's KC-390 jet as a solution to replace older aircraft. Embraer has highlighted the KC-390's superior performance compared to the C-130J offered by Tata-Lockheed Martin. The company plans to expand its supply chain and maintenance operations from India to support global requirements.
The unlisted-share market has seen wide price swings in 2026, with MSEI more than doubling its indicative value, while Zepto has nearly halved. According to Unlisted Arena data, Goodluck Defence & Aerospace, PPFAS, API Holdings and Prisma Global AI were among the other notable gainers, while NCDEX, OYO, GFCL EV Products and Garuda Aerospace also declined.
NCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismissal means that Affle 3i can file a new allegation of fraudulent initiation of the insolvency process. The NCLT had already initiated corporate insolvency resolution proceedings based on a Section 7 application. Affle 3i argued that the proceedings were initiated fraudulently, but NCLAT found no substantial evidence.
Following a 7-week decline in Nifty, Dalal Street faces a holiday-shortened week driven by five key factors: escalating US-Iran conflict, Brent crude trading above $104, US 10-year Treasury yields above 5.1%, continued FII outflows, and rupee volatility within the 95.50-96.50 trading band.
SBI aims to harness digital banking and strengthen customer relationships as part of its growth strategy. The bank's total business could potentially reach Rs 200 lakh crore by 2030 as it celebrates its platinum jubilee. Chairman C S Setty highlighted the importance of customer protection alongside the digital transformation of banking services.
Cars24 is gearing up to submit its draft red herring prospectus for an anticipated IPO in India by April 2026. The company is in the midst of a strategic shift, returning operations from Singapore to India, a transition projected to take six to nine months. With a robust valuation of $3.
Around 10 companies have set record dates for dividends and bonus issues between September 28 and October 1, making it a relatively quiet week for corporate actions. The market will remain closed on October 2 for Gandhi Jayanti, with BSE and NSE also shut on October 20 for Dussehra.
Saudi Arabia has moved to remote learning for schools in Riyadh due to security concerns. This decision follows Yemen's Saudi-led coalition interception of missiles and drones aimed at the kingdom. The Houthis in Yemen have been targeting Saudi interests amid ongoing tensions in the region. Authorities are taking precautions to ensure the safety of students and staff during this time.
On September 27, 2026, Garena Free Fire MAX players in India will have the chance to obtain redeem codes that grant access to a variety of in-game rewards like diamonds and character items. It's important for players to act quickly, as these codes have limited activation periods and may come with regional restrictions. Ensuring accurate entry is crucial, as mistakes can result in failed redeem attempts.
Continuous rains triggered by an active depression over the region inundated large parts of Gorakhpur, while BJP Member of Parliament Ravi Kishan inspected waterlogged streets and assessed the situation on the ground.
Google's 28th Birthday: Google is celebrating its 28th birthday today with a special Doodle. The artwork brings back a nostalgic look at the company's early logo. But the date doesn't match Google's actual incorporation record. The company was legally formed on September 4, 1998, not September 27
India's primary market faces its busiest week of the year as 20 IPOs open to raise Rs 1,292 crore. The line-up features four mainboard issues led by SRIT India, Vishal Nirmiti, Nityas Gems & Jewellery, and Shah Investor's Home seeking Rs 595 crore, alongside 16 SME offerings raising Rs 697 crore.
Union Agriculture Minister Shivraj Singh Chouhan stated that the government is aiding farmers facing drought and floods. The Maharashtra government has declared drought in 74 percent of the state, prompting contingency plans. These plans recommend suitable crops for low rainfall areas and include established seed banks. Support will be coordinated with state governments to help farmers recover. Chouhan reassured farmers in flood-affected areas that assistance is on the way.
INS Sahyadri and INS Kulish recently engaged in coordinated maritime exercises alongside multiple nations, significantly bolstering coordination and interoperability among naval forces during the Sea Phase of the 23rd ADMM-Plus Experts' Working Group. Concurrently, INS Sudarshini docked in Alexandria, Egypt, marking the latest stop in a transoceanic expedition aimed at facilitating professional exchanges and fortifying maritime relationships with the Egyptian Navy.
Sylvester Stallone's 23-acre Hidden Valley ranch in California, once built into a lavish equestrian estate with 29 horse stalls, a 7,500 sq ft log cabin and a lighted polo field, was listed for $7.95 million but eventually sold for $4 million, about half its original asking price. The sale, first reported by the Los Angeles Times in 1992, came as Stallone shifted his interests away from polo and expanded his land holdings in Telluride, Colorado.
India's Secretary (West) Sibi George held separate meetings with WFP Acting Executive Director Carl Skau and EU Commissioner Apostolos Tzitzikostas on the sidelines of UNGA81, discussing humanitarian challenges and India-EU cooperation in tourism, hospitality and transport.
The viral video was shared by several accounts on X (formerly Twitter), including Shiv Sena (UBT) MP Sanjay Raut. In a post, DCP New Delhi on Saturday said the claim of a live and massive protest at Delhi's Jantar Mantar was false and warned of legal action against those deliberately spreading misleading content.
Students at Lovely Professional University in Phagwara organized a protest following unverified social media reports about a rape incident. The protest led to vandalism on campus, including damaged window panes and flower pots. Police confirmed that there was no information supporting the claims of the alleged rape. Students believed their concerns were not properly addressed by the university administration, leading to unrest.
Seven crew members were rescued by the Indian Coast Guard from a distressed boat off Jakhau coast. The boat, IFB Parameshwari, suffered hull damage which caused flooding in its engine compartment. The rescue operation took place after a distress call was received on Friday. Coast Guard ship Apoorva bravely navigated through adverse weather conditions during the operation. All seven crew members were brought safely to Jakhau harbour in stable condition.
EAM S Jaishankar had separate meetings with Canadian, Mexican, and Venezuelan foreign ministers during the 81st United Nations General Assembly. He discussed advancing bilateral relations with Canada while highlighting the importance of energy ties with Venezuela. Jaishankar emphasized that each nation should shape its AI ecosystem according to its own goals.
S Jaishankar addressed the 81st session of the United Nations General Assembly regarding global conflicts. He highlighted that nations far from conflicts are being affected despite having no involvement. The current conflicts, particularly in the Gulf region, are exacerbating global tensions and affecting economic stability. Jaishankar urged all involved parties to show restraint and protect civilians and commerce. The ongoing wars are threatening international peace, security, and development e
Libya's energy infrastructure has been targeted, raising concerns over potential sanctions from the United Nations. The closing of the Sharara-Zawiya oil pipeline is causing significant losses in crude production and public revenues. This disruption is increasing risks associated with fuel supplies and electricity generation in the country. The UN Support Mission in Libya issued a statement addressing these critical issues.
A LinkedIn post about an interview experience in Kolkata has triggered discussion over recruitment practices after a woman said her sister was asked to join an established company on the same day she completed multiple interview rounds. She also claimed the candidate was told she would receive an offer letter only after working for a day. The post later drew questions over the companys identity.
A powerful nor'easter is wreaking havoc along the U.S. East Coast, unleashing severe flooding and strong winds. States of emergency have been declared in New York and New Jersey, anticipating harsh weather. Coastal zones are particularly vulnerable as high tides collide with the full moon's effects. Travel plans are disrupted, with many flights canceled and ferry services halted.
Russia's Foreign Minister Sergei Lavrov accused Europe of obstructing peace negotiations related to the Ukraine conflict. He claimed that Moscow's military objectives would ultimately be achieved despite international opposition. German Foreign Minister Johann Wadephul called for Russia to de-escalate its aggressive actions against Germany and NATO. Both foreign ministers discussed recent tensions, including alleged Russian sabotage activities. Lavrov also expressed Russia's willingness to stabi
Mehli K Mistry has decided not to seek re-election as a trustee of the Tata Medical Centre Trust. His current term is set to end on September 30, 2026, marking a significant transition. Mistry previously stepped down from various key Tata trusts and companies amid structural changes. He emphasized the importance of transparency and good governance, adhering to Ratan Tata's vision.
Prachi Chaudhary won a bronze medal in women's 400m final at the 2026 Asian Games. Chaudhary earned the third place, clocking in at 53.21 seconds. Salwa Naser of Bahrain won the gold, setting a Games record of 49.20 seconds and the silver went to Iran's Zahra Zarei Manoujan who clocked 52.38 seconds. Prachi has now set her sights on the 4x400m relay but said she has proved her mettle in the individual event on Saturday.
US midterm elections 2026: The 2026 midterms are still ahead, yet the next presidential race is already creeping into political conversation. A new McLaughlin & Associates poll puts former Vice President Kamala Harris at the top of the Democratic field and Vice President JD Vance ahead of the Republicans. The survey was conducted from Sept. 16 through Sept. 22 among 463 likely voters. Harris received 29%, followed by California Gov. Gavin Newsom at 12%.
China's Vice President Han Zheng urged the US to respect Cuba's sovereignty and lift its blockade. He emphasized the need for major countries to uphold international peace and security in his UN speech. Additionally, Han highlighted China's role as a reliable partner for developing nations and equal member of the international community. While addressing Iran, he reassured that China would not support the US's pressures in the region.
Bengaluru Development Minister Krishna Byre Gowda has directed officials to introduce a time-bound digital system for processing and paying contractor bills across the citys five corporations.
Farah Khan house tour: Farah Khan welcomed actress Rakhi Sawant to her Mumbai home for a fun day of filming. They explored Farah's apartment, which features seven bedrooms, a swimming pool, and a private lift. During their candid conversation, they joked about Bollywood payments and Farah's filmmaking future. Farah hinted at returning to direction after her children leave for college in the near future.
On Saturday, President Donald Trump shared that during his discussions with Chinese President Xi Jinping, the topic of Taiwan was brought up. He made it clear that he believes Xi has a good understanding of where he stands on the issue. This kind of dialogue highlights the complex relationship between the U.S. and China regarding Taiwan.
After leaving the Indian Air Force in 2013 to support her family, Squadron Leader Priyanka Saxena sought a return to service after her husband, an IAF fighter pilot, was killed in a MiG-21 crash in 2021. The Supreme Court has now ordered her reinstatement, allowing her to resume service after one year of refresher training while counting her earlier decade of service.
Manchester City stands accused of 114 violations of financial regulations, facing dire repercussions such as point penalties or even expulsion from the Premier League. Figures like David Bernstein stress the urgency for a quick appeals process. The club's spokesperson insists they will challenge the ruling if upheld. Furthermore, other Premier League clubs are obtaining legal counsel to understand the fallout from this significant decision.
India's kabaddi teams delivered stellar performances at the Asian Games, overpowering Iran to secure their gold medals once again. The men edged out a 40-34 victory, thanks to smart strategic modifications during the game. The women's team followed suit with a close 37-34 win, taking advantage of Iran's left flank weaknesses. Their collective experience propelled them to defend their titles with flair.
Indian equities extended their losing streak as elevated crude, US Treasury yields, geopolitical risks and FPI selling weighed on sentiment. However, foreign investors continued backing IPOs, selectively buying debt and mid-small caps, suggesting portfolio selectivity rather than a broad withdrawal from Indian markets.
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an offer for sale by its promoters. The Haryana-based firm, established in 2005, focuses on infrastructure projects such as roads and bridges. Proceeds from the IPO will support working capital and repay borrowings, among other corporate purposes.
Nifty extended its losing streak to seven weeks, falling 0.88% to 23,140.50 as technical momentum remained bearish. The 23,00023,200 zone is crucial support, while 23,375 and 23,600 are key resistances amid heightened volatility and derivatives expiry.
FIIs and mutual funds raised holdings in several Nifty 500 stocks during the June 2026 quarter. Seven stocks subsequently gained 15%-41%, highlighting increased institutional interest across sectors.
Vishal Nirmiti Ltd is gearing up for its initial public offering, setting a price range of Rs 208 to 220. The IPO is scheduled to commence on September 30 and conclude by October 5, featuring both a fresh issue and an offer for sale. The proceeds will be allocated toward enhancing working capital and addressing corporate requirements.
Baanganga Gold
GIFT Nifty recorded a record single-day volume of 457,999 contracts worth $21.18 billion on September 24, 2026. Open interest also hit an all-time high, highlighting growing activity since full-scale operations began in July 2023 at NSE IX.
Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue coupled with a promoter's sale of shares. The funds raised aim to establish a 30 MW solar power plant in Gujarat while also boosting working capital and covering essential corporate expenses.
JSW One Platforms Ltd has submitted its draft documents to SEBI for a substantial IPO, targeting to generate Rs 3,054 crore. This offering comprises a fresh share issue of Rs 1,300 crore alongside an Offer for Sale totaling Rs 1,754.01 crore. Funds raised will enhance marketing, boost capital, upgrade technology, and support various corporate initiatives.

28 C