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The Hindu Businessline

Top News / The Hindu Businessline

Rupee perks up 96 paise on RBIs weekend measures

The last time the INR had a better opening than todays was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

12 Oct 2026 8:55 pm
IRDAI may extend consultation, implementation timelines for distribution reforms

With the Oct 25 feedback deadline likely to stretch, regulators may widen chats and roll out changes in steps after the next financial year

12 Oct 2026 8:54 pm
Indias petroleum product exports help reduce US dollar burn

Indias oil and gas export earnings stood at $42.75 billion, which helped compensate for roughly 26 per cent of the import bill

12 Oct 2026 8:50 pm
Nazara Technologies Director reshuffle: Mithun Sacheti becomes Executive Director as Founder Nitin Mittersain steps down as MD

Beyond the managerial shuffle, the Board approved the infusion of funds aggregating up to $77 million or approximately 742.72 crore into Nazaras UK arm

12 Oct 2026 8:49 pm
Neither approved nor disapproved, SC clarifies stance on Form 6 alterations

The remarks came in response to a petition filed by Priya Mishra against the Union government challenging the alterations made to Form 6 to register new voters during the SIR exercises

12 Oct 2026 8:42 pm
Freshworks to acquire SaaS management platform Torii

The acquisition is expected to close in Freshworks fourth fiscal quarter of 2026, subject to customary closing conditions

12 Oct 2026 8:41 pm
Nexus Select Trust appoints Siddharth Nawal as MD and CEO-designate

Nawal has played a key role in developing the retail real estate investment trust and has served on its board since November 2025

12 Oct 2026 8:41 pm
Centre caps trade margins on non-scheduled cancer drugs at 30%, SC asks why other medicines left out

The bench gave the Centre until October 27 to work out the modalities for capping medicine prices

12 Oct 2026 8:39 pm
FM sets five priorities areas for domestic steel cos including decarbonisation, lower import

We must reduce both the energy intensity, says Nirmala Sitharaman

12 Oct 2026 8:38 pm
SEBIs Credit Risk-o-Meter may make bond risks easier to compare

Six colour-coded categories is expected to help investors assess credit risk across debt securities, with mandatory disclosures on offer documents, advertisements and online bond platforms

12 Oct 2026 8:35 pm
Wealth Company Alternates invests 400 crore in sports brand Boldfit

The investment will support Boldfits next phase of expansion, with significant investments planned for nationwide retail expansion, product innovation and manufacturing

12 Oct 2026 8:35 pm
Wall Street bets big on India as IPO boom draws global financial giants

Global banks, private equity firms and trading companies are expanding operations as domestic savings increasingly flow into financial markets and investments

12 Oct 2026 8:33 pm
RBL Bank PAT doubles to 481.7 crore on FCNR(B) boost in Q2FY27

Net interest income increased 37.4 per cent to 2131 crore

12 Oct 2026 8:28 pm
Aequs expands Safran ties with new aerospace component contracts

The agreements cover machining of superalloy parts, complex machining, coating and assembly of landing gear components for the Airbus A320, A330 and A350, and Boeing 787 programmes.

12 Oct 2026 8:27 pm
Powered by AI, HCLTech net profit rises 21% y-o-y to 5,132 crore in Q2FY27

Raises guidance to 2.5-4% from 1-4%, while EBIT margin guidance remains at 17.5-18.5% per cent

12 Oct 2026 8:26 pm
Agilisium eyes topline of $0.5 billion in 5-7 years

Babu suggested that the company plans to expand Indias share in the overall revenue mix to 20 per cent by 2030

12 Oct 2026 8:22 pm
Rajasthan pollution board orders closure of Carlsbergs manufacturing facility ahead of IPO

A regulatory inspection found particulate matter emissions nearly eight times the prescribed limit, along with inadequate transmission of emissions-monitoring data to the Central Pollution Control Board

12 Oct 2026 8:21 pm
IIT Kharagpur launches free AI tutor and GATE, JAM preparation platform

The initiatives combine guided AI-based learning with structured exam preparation, targeting students who face geographical and financial barriers to quality education

12 Oct 2026 8:18 pm
Adani group breaks ground for Dharavi slum rehabilitation project

The Adani group performed the bhoomi pujan (ground breaking ceremony) for over 10,000 homes at 22 acre railway plot at Matunga

12 Oct 2026 8:17 pm
How can Karnataka clear Cauvery backlog amid drought conditions, SC asks Tamil Nadu

The Bench reserved its order on Tamil Nadus application in the decades-old Cauvery water-sharing dispute.

12 Oct 2026 8:17 pm
Medical-device maker SMT seeks optimum pricing to balance access and quality

Company IPO to open this week, price band between 327 to 344 per equity share

12 Oct 2026 8:16 pm
Rahul Gandhi leads Opposition march as Delhi Police denotifies Jantar Mantar as protest site

The Opposition is demanding Kumars resignation over alleged irregularities in the Special Intensive Revision of electoral rolls

12 Oct 2026 8:16 pm
Uncertainty clouds MDR rollout; NPCI official says no decision communicated

A senior NPCI official said they were unaware of any possible deferment and whether the Supreme Courts direction seeking a short affidavit would have any bearing on the implementation timeline

12 Oct 2026 8:16 pm
ICICI Prudential AMC net profit up 6% on rise in AUM

SIP inflows dip 3 per cent at 4,672 crore; Company declares dividend of 30 a share

12 Oct 2026 8:12 pm
Cotton rebounds on fears of yield drop, improving demand

Farmers seen holding back produce, expecting prices to move up further, says trade

12 Oct 2026 8:09 pm
NMC asks medical colleges to set up patient safety committees

The NMC says that the committees would facilitate the implementation, monitoring and periodic review of patient safety practices, protocols and standard operating procedures (SOPs)

12 Oct 2026 8:04 pm
Can Russian diesel bring down US fuel prices? Trumps plan explained

Shipping constraints, refinery damage and competing global supply pressures could determine whether Russias promised diesel deliveries offer meaningful relief to American consumers

12 Oct 2026 8:03 pm
Zetwerk sees AI infrastructure, energy orders driving growth as IPO opens on October 15

A key growth driver is demand for power equipment used by US data centres; Zetwerk has disclosed around 2,000 crore in orders linked to this segment

12 Oct 2026 7:55 pm
CBI court orders proclamation against Jatin Mehta in 146.35 crore Canara Bank fraud case

The court said the accused remained untraceable despite earlier warrants, while allowing the agency to pursue proclamation proceedings to secure their presence

12 Oct 2026 7:54 pm
GE Aerospace to nearly double India sourcing spend by 2030

Expansion backed by local supplier network, manufacturing investments and rising engine demand

12 Oct 2026 7:48 pm
Microsoft unveils Maia 300 AI chip, plans to deploy over 1 million next year

Microsoft is expanding its in-house AI infrastructure with a new processor designed to improve computing efficiency as demand for AI capacity grows.

12 Oct 2026 7:48 pm
No higher bid: Tata Motors final price faces crucial test as Iveco shareholders hold the key

The company remains confident of securing the deal, pointing out that takeover offers typically see a surge in acceptances during the final 48 hours before closing

12 Oct 2026 7:45 pm
UPL shares jump 5% on speciality chemical business prospects

The brokerage said Superform is targeting revenue growth of 2023% annually, with phosphorus and cyanide chemistries emerging as key growth drivers

12 Oct 2026 7:41 pm
Nirmala Sitharaman invites World Steel Association to open office in India

Indias rising steel production and infrastructure-led consumption are strengthening its role in the global industry, even as worldwide capacity pressures persist

12 Oct 2026 7:34 pm
CIEL HR Services posts 27% y-o-y growth in H1FY27 revenue at 1,178 crore

During the half year, the company also structurally integrated its two prior acquisitions - People metrics and Courseplay

12 Oct 2026 7:29 pm
SBI Research calls for scrapping LTCG tax on equities amid record FPI outflows

The lenders research arm has proposed policy changes to encourage longer-term foreign investment and strengthen foreign currency inflows into India

12 Oct 2026 7:26 pm
Every time you sense frustration, thats an opportunity, CaratLane founder Mithun Sacheti tells management students

Drawing on his experience of building an online jewellery business at a time when the market was not ready for it, he said entrepreneurship requires conviction, patience and a willingness to adapt

12 Oct 2026 7:24 pm
Air India Express sees scope for smaller aircraft to connect tier-3 cities

Underused airport capacity and, regional demand offer room for expansion beyond major hubs

12 Oct 2026 7:24 pm
Tax provision reversal boosts Swan Defences Q2 profit

The company reported a net profit of 566 crore in the quarter, compared to a 55 lakh loss in the year-ago period; revenue rises 72.5%

12 Oct 2026 7:22 pm
Supreme Court asks why drug margin caps cannot cover all medicines

The court cited steep markups on medical products as the Centre outlined existing price-control rules and defended its approach to medicine pricing

12 Oct 2026 7:18 pm
12 Oct 2026 7:17 pm
Indian Army launches Bharat Rice for defence forces, signs MoU with FCI to strengthen logistics resilience

An agreement with the Food Corporation of India aims to improve ration delivery and strengthen supply networks during operational contingencies

12 Oct 2026 7:04 pm
12 Oct 2026 7:03 pm
Shivraj asks 100 PMDDKY districts to show visible results in FY27

Due to poor implementation and non-fixing of accountability of the nodal officers appointed under the PMDDKY Scheme, several districts are reporting low scores

12 Oct 2026 7:01 pm
Q2 Results Today Highlights: HCLTech shares slip, ICICI Pru AMC falls 1.4%; RBL Bank, Swan Defence gain ahead of earnings

Q2 Results Today, 12th October 2026 Highlights: Follow the latest announcements and developments on the company's September quarter earnings, revenue and profit, along with updates on Bright Outdoor Media, HCL Technologies, ICICI Prudential Asset Management Company and many others.

12 Oct 2026 7:01 pm
FPOs prospects linked to expertise of third parties, says study

The study agreed with critics point of view that many of the FPOs exist on paper or are hardly in a position to carry out business, or even provide very basic services to member farmers

12 Oct 2026 6:57 pm
Rice, maize and cereal acreage declines warrant monitoring: Report

El Nino-related monsoon risks and rainfall deficits could impact agricultural production, food supply chains, business costs, and inflation in India, says D&B report

12 Oct 2026 6:56 pm
India-UK JETCO meet focuses on FTA gains as British firms announce 1 billion new deals

Goyal says European carmakers are likely to shift production to India to stay competitive

12 Oct 2026 6:54 pm
Indian Navy commissions INS Mangrol amid rising underwater threats in Indian Ocean

Built by Cochin Shipyard Limited, the vessel reflects Indias defence shipbuilding capabilities and the Navys focus on maritime preparedness

12 Oct 2026 6:52 pm
Tata Steel, Royal Academy of Engineering join hands for recycled materials research

The partnership will be supported by almost 1.9 million from the UK Government, matched by 1 million from Tata Steel, bringing critical industrial expertise to the programme

12 Oct 2026 6:48 pm