Livemint
Elections 2026Company / Livemint
Compass Inc., the top US broker for residential properties, sued Californias largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale.
The new arrangement means employees on the standard plan will have to work within the allocated budget or seek additional funding to continue using the tool beyond the prescribed limit.
Revenue rose 41.4% in the September quarter, but InstaHelps 174 crore adjusted Ebitda loss dragged down overall profitability as the company pursued expansion and prepared a 2,500 crore fundraise.
The move consolidates the Dubai-based lenders Indian operations with RBL Bank after its over 26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.
While N. Chandrasekaran will join as Ivecos chairperson, P.B. Balaji and Girish Wagh Wagh will join as non-independent directors.
Tally Solutions plans to rebuild the core architecture of its 40-year-old accounting software to keep pace with AI, which its managing director says is essential for survival. Its AI product, TallyIra, automates document processing but keeps users in the loop to check entries.
LTM reported Q2 FY27 net profit of 1,397.9 crore, down 4% quarter-on-quarter, while revenue rose 13.6% year-on-year to 11,807.6 crore. The company declared an interim dividend of 25 per share, with October 23, 2026, set as the record date.
RBI has approved the merger of Emirates NBDs Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBDs 26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.
Snabbits FY26 loss widened nearly 30-fold to 167.75 crore as spending on workers and marketing outpaced revenue, while the economics of scaling instant home-help remain challenging.
The contract is for an initial 24-month period from the date of execution, with a possible extension up to 36 months at MADC's discretion. The estimated consideration is 5 lakh per month, plus applicable taxes.
Embraer has agreed to acquire a 51% stake in Mahindra Group-owned Novavayu Aerospace Limited, with the deal expected to close by December 1, 2026. The investment is set to expand Embraers presence in Indias commercial aviation and defence sectors.
When HDFC Bank and ICICI Bank report their Q2 earnings on Saturday, investors will closely track their net interest margins, credit costs and management commentary on growth.
Uday Ruddarraju, who joined OpenAI in 2025, was named chief technology officer for compute in July 2026.
Cornerstone Ventures is also looking to exercise the greenshoe option on its second fund which has $250 million as the upper limit
RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.
The draft guidelines require strict scientific proof of improved therapeutic efficacy for minor drug modifications.
Air India said that the flight timings have been structured to maximise customer convenience.
However, Yes Banks overall tier-1 capital ratio is expected to remain unchanged at 14%. The bank stated that it had access to appropriate capital-management levers and retained the flexibility to undertake additional capital actions
Dell briefly became the world's second-richest person, behind Elon Musk, after his net worth surpassed $270 billion.
Netflix has replaced chief content officer Bela Bajaria with Peter Rice amid slowing audience engagement, declining stock and layoffs. Bajaria helped expand the companys global content and live entertainment offerings.
Reliance Industries said it welcomes competition, including Starlink, and has never feared rivals. The company emphasized that all satellite communication providers must follow Indian laws and policies, noting that Jios own satellite services are awaiting government clearances.
KFCs US restaurants have served PepsiCo drinks ever since PepsiCo bought KFC in 1986. However, some of the chain's international markets serve Coke products.
Investor concerns over debt-funded AI expansion have pressured CoreWeave, other AI cloud firms and chipmakers. Markets are questioning whether companies can generate enough cash flow to support heavy spending
The email, which is anonymous and unsigned and was also sent to Pernod Ricard chairman Alexandre Ricard, questions whether promoting the perfume brands logo could indirectly advertise alcohol, given that the product is not available for sale on any e-commerce platform.
Canada's Fairfax Financial Holdings, which owns 40% in the Kerala-based lender, must choose between selling its stake and merging CSB with IDBI Bank after the government approved the sale of a 60.72% stake in IDBI to a Fairfax subsidiary.
Before a 2024 family agreement on brands and management control, a series of changes separated TVS Motors stake from Sundaram-Clayton, the auto parts company Lakshmi Venu led. Brother Sudarshan Venu now heads the holding company that controls TVS Motor and lending businesses.
Asian Paints, Berger, and Birla Opus will raise prices by 3-4% ahead of Diwali as input costs soar.
Stellantis, Hyundai, and Suzuki are committing billions of dollars in fresh investments in India. The aggressive push comes as foreign brands seek to counter market share gains by domestic rivals Tata Motors and Mahindra & Mahindra
Experts say integration is hard in any deal, and harder when a bank that has operated in the public sector for decades must adopt private-sector practices.
California orders lenders to report on their handling of insurance payouts to LA fire survivors
COREWEAVE-STOCKS-MAIN:CoreWeave's slump spotlights growing burden of debt behind AI boom
Canadas industry minister said the government has the power to try to force Cleveland-Cliffs Inc. to sell its assets the country, escalating a dispute over job cuts at the companys steel operations in Ontario.
Ambani also identified home broadband as a major growth opportunity.
The deal includes a $100 million JICA-financed loan to help build a 1.1-million-tonne renewable-powered green ammonia facility in Kakinada, Andhra Pradesh.
Air India CEO Tewolde Gebremariam has formed a committee to explore cost cuts, including merging teams and reducing office lease expenses. The move comes as the airline's consolidated loss widened to 22,238.23 crore in 2025-26.
The IDBI Bank would continue to operate under the existing framework of company and labour laws, says Arunish Chawla, secretary, DIPAM.
Mehli Mistry alleges that failing to reply even after four months was deliberate and intended to delay the proceedings.
Insurance Regulatory and Development Authority of India chairman Ajay Seth also hinted that Irdai is unlikely to extend the deadline for submitting feedback.
While Wipro reported its slowest second-quarter growth in three years, Tech Mahindra reported its fastest second-quarter growth in the same period.
Airfloa Rail Technology has won a 34.85 crore contract from Integral Coach Factory, Chennai, to design interiors and carry out development work for a Vande Bharat sleeper trainset. Details.
Emirates has said Navi Mumbai International Airport lacks essential facilities, including catering and cargo warehousing, to support international flights.
Speaking at Jio Platforms' IPO media meet on 15 October, Ambani said that the company helped transform India from a data-scarce market to a data-abundant nation by making mobile data services affordable.
The dispute over trustee appointments and the administration of the philanthropic institutions was heard before the Maharashtra Charity Commissioner on Thursday.
Microsoft CEO Satya Nadella has reflected on an early management failure, recalling how he failed to recognise an employees struggles despite repeated requests for help.
The deeptech startup plans to deploy 150 autonomous robots by next year on a subscription model, offering Western contractors up to 20% savings amid severe labour shortages.
Fairfax plans to transfer its stakes in IIFL Capital Services and Digit to IDBI Bank, creating a diversified financial services group after its 52,878 crore acquisition of a 60.72% stake in the lender. The restructuring will cover banking, insurance, investment banking and wealth management.
Isha Ambani recalled how an unsuccessful attempt to submit college assignment online in Mumbai prompted a conversation with her brother Akash Ambani about India's internet connectivity gap. The anecdote comes as Jio Platforms prepares for its IPO, with the offering potentially raising 30,213 cr.
Jio plans to offer 6G through a software upgrade rather than new infrastructure and is also targeting 340 million users in the mobility segment. Full details here.
Aditya Birla Group plans to invest up to $30 billion across its businesses in India and overseas over the next two to three years, including expanding US operations. Details here.
Akash Ambani said India's digital economy is expected to reach $1.4 trillion by FY31, adding that Jio Platforms expects to capture a significant share of the market.

22 C