Business Line

• newGroww Q2 profit rises 54% to ₹725 crore as revenue mix diversifies
  Groww has been working to reduce its dependence on equity derivatives by expanding its presence across other business segments, including commodities trading and its margin trading facility (MTF)
  - 5 mins ago 16 Oct 26, 5:37pm -
• newHDB Financial Services PAT up 34.5% to ₹780 crore in Q2
  The increase is largely attributed to a 15.6 per cent increase in the net interest income to ₹2,534 crore in the reporting quarter, compared with ₹2192 crore in the corresponding period last fiscal
  - 6 mins ago 16 Oct 26, 5:36pm -
• newScimplify raises $25 million in a strategic funding round led by Hitachi Ventures
  Scimplify will build physical processing capabilities in the US while simultaneously qualifying American manufacturing partners that can support technology transfer, pilot and validation batches
  - 6 mins ago 16 Oct 26, 5:36pm -
• newAccenture, Workday join hands to help businesses deploy AI agents faster
  The collaboration will combine engineering expertise and enterprise AI capabilities, with insights from real-world deployments feeding into future product development
  - 6 mins ago 16 Oct 26, 5:36pm -
• newUse-case-based regulation is the right approach for AI: Sriram Raghavan, IBM Software GM
  Sriram Raghavan, General Manager, IBM Software, India and Software Innovation Lab pushes case-to-case regulatory framework for AI and AI agents is the most effective method
  - 6 mins ago 16 Oct 26, 5:36pm -
• newBiocon gets launch clarity for breast cancer biosimilar after Genentech deal
  The company is targeting the first quarter of 2027 for launches in the European Union and the UK, followed by the US in the third quarter of 2028
  - 7 mins ago 16 Oct 26, 5:35pm -
• newIndia’s data-centre boom opens new semiconductor opportunities beyond AI chips
  Growing AI infrastructure demand is creating openings for Indian semiconductor startups, though commercial success will depend on capital, technology and customer access
  - 7 mins ago 16 Oct 26, 5:35pm -
• newRubio in India from October 18: energy, investment in focus as trade talks drag on
  He will meet Jaishankar, senior officials and business leaders; immediate breakthrough in trade deal unlikely, say sources
  - 7 mins ago 16 Oct 26, 5:35pm -
• newSEBI plans sweeping SME IPO rule changes, raises profit threshold to ₹3 crore
  SEBI has also proposed to replacing the existing paid-up capital-based eligibility criteria with post-issue market capitalisation thresholds
  - 7 mins ago 16 Oct 26, 5:35pm -
• newEditorial. PERM challenge
  India should turn an impediment into an opportunity
  - 7 mins ago 16 Oct 26, 5:35pm -
• newWest Bengal offers ₹5,000 and 50 kg rice to families hit by tea garden closures
  The festive package will cover workers aged below 60, while the state government also plans to reopen 21 closed tea gardens
  - 7 mins ago 16 Oct 26, 5:35pm -
• newLetters to the Editor dated 14 October, 2026
  - 7 mins ago 16 Oct 26, 5:35pm -
• newMargin caps on cancer drugs, could there be more on the anvil? Explained
  The Centre has cracked down on steep cancer drug prices, under the watch of the Supreme Court, and the coming weeks will unravel granular details on these measures aimed at putting a lid on “profiteering” and ensuring fairer prices to patients.
  - 7 mins ago 16 Oct 26, 5:35pm -
• newQ2 Results Today Live: Urban Company loss widens, Bajaj Housing Finance Q2 PAT up 18%, PNB, Crompton Greaves, Ujjivan SFB & Federal Bank profit up, Shoppers Stop narrows loss, Jindal Saw, LTM profit dips, DLF, Oberoi to announce Q2 results
  Q2 Results Today, 16th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
  - 7 mins ago 16 Oct 26, 5:35pm -
• newISCR and Chakra ink agreement to strengthen clinical research capacity in Maharashtra
  Chakra is an initiative of the Maharashtra government’s Medical Education and Drugs Department (MEDD), established in April 2025 as a Section 8 company and launched by the Chief Minister in June 2025
  - 7 mins ago 16 Oct 26, 5:35pm -

• newToyota Kirloskar expects better sales to continue till Q1 next year
  The additional capacity, which was expected to come up this year, will be at an upcoming third plant in Bidadi. It will have an annual capacity of one-lakh units for different models, including Innova HyCross
  - 7 mins ago 16 Oct 26, 5:35pm -
• newUS dollar hits 18-month high as hotter inflation revives Fed rate hike concerns
  Stronger US consumer prices and surging gasoline costs lifted the greenback, while concerns over French debt weighed on the euro.
  - 7 mins ago 16 Oct 26, 5:35pm -
• newHPL subsidiary Adperma inaugurates ₹6000-crore phenol and acetone plant in Haldia
  With an annual capacity of 345,000 tonnes of phenol and 215,000 tonnes of acetone, the facility is the largest of its kind in India
  - 7 mins ago 16 Oct 26, 5:35pm -
• newIndia’s forex reserves fall by $8.58 billion to $726.03 billion
  The latest decline follows a $12.952 billion fall in the previous week, extending the downward trend from September’s record high
  - 9 mins ago 16 Oct 26, 5:33pm -
• newICICI Lombard Q2 net jumps 15.5% at ₹946.40 crore, combined ratio worsens
  During the period under review, the gross premium written grew 9.11% y-o-y at ₹7,702.09 crore compared with ₹7,058.86 crore for the corresponding period last fiscal
  - 9 mins ago 16 Oct 26, 5:33pm -
• newSC to hear a plea that de-notifying Jantar Mantar pushes dissent ‘out of sight, out of mind’
  Protests in Delhi’s outskirts will be far from the earshot of ordinary citizens and the corridors of power, diminishing their impact, plea says; notes that no SOPs have been laid out for alternative venues
  - 9 mins ago 16 Oct 26, 5:33pm -
• newFrom 31% bad loans to a sale-ready bank: How IDBI got here
  After years under the RBI’s Prompt Corrective Action framework, the bank posted a record net profit of ₹9,513 crore in FY26; total business crossed ₹6,27,149 crore as of September 30, 2026, up 18%
  - 9 mins ago 16 Oct 26, 5:33pm -
• newHyundai eyes number 2 spot again with Pune expansion, capacity boost and new models
  Of the total investment, around 20% each ($3.1 billion) will be allocated to new technologies, including artificial intelligence and startups, and to research and development
  - 9 mins ago 16 Oct 26, 5:33pm -
• newDelhi SIR case: SC agrees to ‘take care of’ ECI move to restore deleted voters as fresh voters
  The application has asked the court to direct the EC to frame an appropriate mechanism for restoration/inclusion of deleted voters without forcing them to apply as first-time voters
  - 10 mins ago 16 Oct 26, 5:32pm -
• newIndia-US trade talks heading towards `landing point’ but clarity needed on competitive economies: Jaishankar
  India believes that it is not getting a level playing field in China; maintaining peace and tranquility along the frontier essential for normal relationship
  - 10 mins ago 16 Oct 26, 5:32pm -
• newAegis Logistics to acquire 89.8% stake in Dubai-based Tristar for ₹7700 crore
  The acquisition will be undertaken through Aegis Logistics International Pte Ltd, the company’s wholly owned step-down subsidiary
  - 10 mins ago 16 Oct 26, 5:32pm -
• newPeople delay seeking help for mental health concerns, finds report
  The report says only 11.3% reached care within a month of experiencing their concerns
  - 10 mins ago 16 Oct 26, 5:32pm -
• newSEBI panel to review CAS feedback as market favours existing VWAP settlement method
  Market participants seem to favour retaining existing method for derivatives settlement prices for at least a year before shifting to a blended calculation
  - 10 mins ago 16 Oct 26, 5:32pm -
• newRupee continues to rise; tests intraday high of 94.75 against US dollar
  Government Securities yields rose, tracking pricey crude oil prices amid step up in attacks by Yemen-based Houthi rebels on Saudi Arabia’s energy infrastructure.
  - 10 mins ago 16 Oct 26, 5:32pm -
• newHaier India targets 40% festival growth, bets on premium appliances with new launches
  Haier Appliances India is banking on premium products, strong regional demand and attractive financing schemes to drive sales during the festival season
  - 10 mins ago 16 Oct 26, 5:32pm -
• newSEBI continues curbs on Rajesh Exports, flags gaps in financial disclosures
  Regulator says revenue disparity between parent and overseas subsidiary remains unexplained; forensic audit and investigation to be completed expeditiously
  - 11 mins ago 16 Oct 26, 5:31pm -
• newAlstom unveils first Mumbai Metro Line 4 & 4A trainset, made in Sri City
  It is first of the 39 driverless metro trainsets that Alstom will deliver as part of a system also consisting of signalling system, depot equipment and maintenance
  - 11 mins ago 16 Oct 26, 5:31pm -
• newRewin Health launches platform to train differently abled people in everyday skills
  The platform combines virtual reality with personalised AI software to help individuals with autism, ADHD, ODD and other learning disabilities build skills for everyday life
  - 11 mins ago 16 Oct 26, 5:31pm -
• newIndia’s coffee research body seeks partnership to speed up development of new varieties
  It has reached out to private firms, research institutions and growers to improve the yield and quality of coffees
  - 11 mins ago 16 Oct 26, 5:31pm -
• newSEBI sees greater AIF flexibility, shifting more responsibility to industry
  Accredited investor pool could expand to 4 lakh from 2,000 as regulator prepares to notify changes to framework
  - 11 mins ago 16 Oct 26, 5:31pm -
• newL&T and TuTr Hyperloop sign MoU to develop advanced mobility solutions
  The MoU establishes a framework for jointly exploring and pursuing opportunities in the emerging mobility ecosystem
  - 11 mins ago 16 Oct 26, 5:31pm -
• newCabinet approves ₹2,010 cr bonus for over 11 lakh railway employees
  The payment of PLB, which is disbursed each year before the Durga Puja/Dusshera holidays, acts as an incentive to motivate the railway employees
  - 11 mins ago 16 Oct 26, 5:31pm -
• newEmirates to stay at Mumbai airport this winter; says Navi Mumbai not ready for shift
  Airline flags supporting infrastructure needs as MIAL defers proposed cut in international flights
  - 11 mins ago 16 Oct 26, 5:31pm -
• newUS inflation hits 3.7%, raising odds of Fed rate hike in October
  Higher fuel costs and broadening price pressures complicated the Federal Reserve’s policy outlook, while markets reassessed the likelihood of another rate increase.
  - 12 mins ago 16 Oct 26, 5:30pm -
• newNITI Aayog framework asks States to assess power, water availability before clearing data centres
  The framework seeks to help States move beyond competition for investment announcements towards attracting projects that can be supported by available infrastructure and deliver measurable economic value
  - 12 mins ago 16 Oct 26, 5:30pm -
• newStarlink slowdown in Ukraine to disrupt drone operations and medium-range strikes
  Ukrainian troops report connectivity failures at higher speeds, disrupting drone missions that rely on satellite internet to guide aircraft
  - 12 mins ago 16 Oct 26, 5:30pm -
• newJLR India bullish on higher growth, driven by rising consumer aspirations, electrification
  After inaugurating a retail showroom in Chennai, JLR India is also working toward setting up one in Madurai
  - 13 mins ago 16 Oct 26, 5:29pm -
• newSteel prices rise for third consecutive month on cost push
  The ongoing geo-political uncertainty has pushed up cost on imported key raw materials including coking and thermal coal, ferro-alloys besides the rise in shipping cost
  - 13 mins ago 16 Oct 26, 5:29pm -
• newNetflix to cut 1,000 jobs in biggest layoff round since 2022
  The streaming giant will largely reduce headcount across product, technology, legal and human-resources teams, according to a media report.
  - 13 mins ago 16 Oct 26, 5:29pm -
• newNLC to set up BESS projects at multiple locations in West Bengal
  NIRL emerged as the successful bidder under Tariff- Based Competitive Bidding and accordingly has received Letter of Award from WBSEDCL for the development of aforesaid project
  - 14 mins ago 16 Oct 26, 5:28pm -
• newJio Platforms IPO: Issue opens on October 21, anchor bidding on October 19
  The company’s red herring prospectus outlines the subscription schedule and reserved share allocations for eligible employees and Reliance Industries shareholders.
  - 15 mins ago 16 Oct 26, 5:27pm -
• newPocket
  - 15 mins ago 16 Oct 26, 5:27pm -
• newBajaj Broking rolls out algorithm trading platform for retail investors
  The platform offers users two routes: ready-made, exchange-registered strategies developed by SEBI-registered Research Analysts, or custom strategy-building tools using exchange-registered white-box indicators
  - 17 mins ago 16 Oct 26, 5:25pm -
• newWPI shock and crude keep rally in check
  The Nifty 50 closed at 22,622.70, down 99.25 points or 0.44%, while the Sensex fell 251.89 points to end at 72,781.89
  - 17 mins ago 16 Oct 26, 5:25pm -
• newHow Bengaluru startup Aaahara is taking botanical foods global
  The company leverages cryogenic technology to process spices; ships products to New Zealand, Netherlands and eyes markets in the US, Australia
  - 17 mins ago 16 Oct 26, 5:25pm -
• newOver $3.5 trillion of AI Infrastructure spending may be exposed to impairment by 2030: Gartner
  Based on Gartner projections, a continued AI infrastructure investment trajectory could leave more than $4 trillion in asset value exposed to write-down risk through 2032
  - 18 mins ago 16 Oct 26, 5:24pm -
• newAirtel expects to get Satcom approvals ‘significantly’ ahead of Elon Musk’s Starlink: Sunil Mittal
  The industrialist’s remarks come after Musk last week accused powerful business interests of blocking Starlink’s entry into India
  - 18 mins ago 16 Oct 26, 5:24pm -
• newWholesale inflation jumped to 11.4% in Sept
  The jump was broad-based, led by food, fuel and other commodities, while core inflation climbed to a record 9.8%
  - 18 mins ago 16 Oct 26, 5:24pm -
• newTTD ghee adulteration fraud: ED attached assets worth ₹129 cr
  To clean the books, the palm oil consumed was shown as sold to bogus buyers, while fictitious purchases of milk and ghee and fictitious sales of by-products such as skimmed milk were recorded to project a genuine dairy operation
  - 18 mins ago 16 Oct 26, 5:24pm -
• newBroker’s call: RBL Bank (Buy)
  Emkay Global
  - 18 mins ago 16 Oct 26, 5:24pm -
• newRedmi Note 17 Pro Max: Endurance is its calling card
  Redmi Note 17 Pro Max comes with a massive battery and vibrant display
  - 19 mins ago 16 Oct 26, 5:23pm -
• newGem, jewellery exports up 9% on better demand
  They increased by 3% in the first half of the current fiscal $14.30 billion
  - 19 mins ago 16 Oct 26, 5:23pm -
• newSigma and Munitions India partner to build in-flight trajectory-changing artillery fuses
  Through the MoU, Sigma looks to achieve integration and indigenous manufacturing of its 155 mm artillery CCF
  - 19 mins ago 16 Oct 26, 5:23pm -
• newGreenspace Herbs launches moringa leaf blend
  It blends whole leaf powder with a moringa leaf extract, in proportions developed by its research and development team
  - 19 mins ago 16 Oct 26, 5:23pm -
• newLemonn adds commodity derivatives, enters MCX with six metals and energy contracts
  The new offering covers non-agricultural commodities, including precious metals gold and silver, base metals copper, zinc and aluminium, and energy commodities crude oil and natural gas
  - 20 mins ago 16 Oct 26, 5:22pm -

Moneycontrol

• ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24

  

  In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24
  - 23 Apr 24, 10:36pm -
• Tata Elxsi Q4 net profit, revenue decline QoQ; firm declares dividend of Rs 70 per share

  

  The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23
  - 23 Apr 24, 6:51pm -
• ICICI Pru Life Q4 net profit falls 26% to Rs 174 cr, insurer announces dividend

  

  Net premium income rose to Rs 14,788 crore
  - 23 Apr 24, 6:26pm -
• Cyient DLM#39;s profit after tax in FY24 surges 93%

  

  For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year
  - 23 Apr 24, 5:56pm -
• Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share

  

  Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
  - 23 Apr 24, 4:27pm -
• Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share

  

  Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
  - 23 Apr 24, 4:27pm -
• Hindustan Unilever Q4 Preview: Price cuts, slow demand, regional competition to hurt topline

  

  The hike in royalty payments to parent Unilever are likely to adversely impact HUL#39;s EBITDA margins, say experts
  - 23 Apr 24, 4:05pm -
• LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

  

  A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore
  - 23 Apr 24, 3:51pm -
• LT manufactures hydrotreating reactor for refinery in Mexico

  

  The reactor has been dispatched for Mexico from the company#39;s A M Naik Heavy Engineering Complex at Hazira in Gujarat.
  - 23 Apr 24, 2:47pm -
• Air India enters into codeshare pact with Japan#39;s All Nippon Airways

  

  With the codeshare, effective for travel from May 23, Air India and All Nippon Airways passengers can fly to their desired destination by combining those flights between India and Japan with a single ticket.
  - 23 Apr 24, 2:44pm -
• Razorpay announces #39;UPI Switch#39; in partnership with Airtel Payments Bank

  

  Boosting success rates by 4-5 per cent, the solution is designed to handle up to 10,000 transactions per second (TPS) at any given time, according to a release.
  - 23 Apr 24, 2:42pm -
• Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30

  

  This price increase will result in an increment ranging from Rs 4,000 to Rs 17,000 across the models, the company said in a statement.
  - 23 Apr 24, 2:17pm -
• Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

  

  "The project is the first wind-solar energy project for the company. It will utilize both wind and solar resources by combining 51 MW of wind energy and 34 MW of solar power," Juniper Green Energy said in a statement.
  - 23 Apr 24, 1:40pm -
• Juniper Green Energy, Tata Power sign PPA for 85 MW hybrid project in Maharashtra

  

  "The project is the first wind-solar energy project for the company. It will utilize both wind and solar resources by combining 51 MW of wind energy and 34 MW of solar power," Juniper Green Energy said in a statement.
  - 23 Apr 24, 1:40pm -
• WeWork Global in talks to sell entire 27% stake in WeWork India

  

  Bengaluru-based real estate firm Embassy Group, which holds the remaining 73 per cent stake in WeWork India, might also dilute some shareholdings to raise funds, they added.
  - 23 Apr 24, 1:38pm -

Live Mint - Companies

• newWho is Uday Ruddarraju? Hyderabad-educated tech leader takes charge of OpenAI’s computing business
  Uday Ruddarraju, who joined OpenAI in 2025, was named chief technology officer for compute in July 2026.
  - 1 hour ago 16 Oct 26, 4:20pm -
• newCornerstone Ventures eyes $250 million third fund in 2027
  Cornerstone Ventures is also looking to exercise the greenshoe option on its second fund which has $250 million as the upper limit
  - 2 hours ago 16 Oct 26, 3:20pm -
• newAI startup RapidCanvas raises $29 million led by Vertex Ventures
  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.
  - 3 hours ago 16 Oct 26, 2:48pm -
• newIndia overhauls drug patent guidelines to curb evergreening and speed up cheap generics
  The draft guidelines require strict scientific proof of improved therapeutic efficacy for minor drug modifications.
  - 4 hours ago 16 Oct 26, 1:44pm -
• newPlanning a trip to Japan? Air India to start 1st-ever non-stop flights between Delhi and Osaka from February
  Air India said that the flight timings have been structured to “maximise customer convenience”.
  - 4 hours ago 16 Oct 26, 1:38pm -
• newYes Bank flags capital hit as SC upholds AT-1 bond reinstatement
  However, Yes Bank’s 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
  - 6 hours ago 16 Oct 26, 11:55am -
• newMichael Dell loses over $20 billion in a single day as Dell stock slumps 11%; loses 4th-richest person status
  Dell briefly became the world's second-richest person, behind Elon Musk, after his net worth surpassed $270 billion.
  - 7 hours ago 16 Oct 26, 10:54am -
• newWho is Bela Bajaria, and why has Netflix fired its powerful content chief?
  Netflix has replaced chief content officer Bela Bajaria with Peter Rice amid slowing audience engagement, declining stock and layoffs. Bajaria helped expand the company’s global content and live entertainment offerings. 
  - 7 hours ago 16 Oct 26, 10:17am -
• newJio parent Reliance Industries breaks silence on Starlink row: 'We have never feared competition’
  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 Jio’s own satellite services are awaiting government clearances.
  - 9 hours ago 16 Oct 26, 8:26am -
• newA new fizz at KFC: Why the chicken giant is swapping Pepsi for Coke in US
  KFC’s US restaurants have served PepsiCo drinks ever since PepsiCo bought KFC in 1986. However, some of the chain's international markets serve Coke products.
  - 10 hours ago 16 Oct 26, 7:39am -
• newCoreWeave debt concerns: AI demand is strong, but can the data centre major's cash flow justify its spending? Explained
  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
  - 11 hours ago 16 Oct 26, 6:55am -
• newWhistleblower complaint puts Chivas perfume’s Diljit tour tie-up under scrutiny
  The email, which is anonymous and unsigned and was also sent to Pernod Ricard chairman Alexandre Ricard, questions whether promoting the perfume brand’s logo could indirectly advertise alcohol, given that the product is not available for sale on any e-commerce platform.
  - 11 hours ago 16 Oct 26, 6:30am -
• newInside the TVS family dispute: How a business restructuring left Lakshmi with the smaller business
  Before a 2024 family agreement on brands and management control, a series of changes separated TVS Motor’s 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.
  - 12 hours ago 16 Oct 26, 6:07am -
• newGlobal auto once fled India; but some MNCs are now changing the script
  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
  - 12 hours ago 16 Oct 26, 6:00am -
• newCalifornia orders lenders to report on their handling of insurance payouts to LA fire survivors
  California orders lenders to report on their handling of insurance payouts to LA fire survivors
  - 16 hours ago 16 Oct 26, 1:54am -

• newCoreWeaves slump spotlights growing burden of debt behind AI boom
  COREWEAVE-STOCKS-MAIN:CoreWeave's slump spotlights growing burden of debt behind AI boom
  - 16 hours ago 16 Oct 26, 1:28am -
• newCanada’s Joly Threatens to Force Cleveland-Cliffs Asset Sale
  Canada’s 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 company’s steel operations in Ontario.
  - 17 hours ago 16 Oct 26, 12:48am -
• newADB, govt of Japan sign financing pact with AM Green Ammonia
  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.
  - 18 hours ago 15 Oct 26, 11:42pm -
• newAir India CEO Tewolde Gebremariam sets up committee to explore cost cuts, team mergers and lower office lease expenses
  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.
  - 19 hours ago 15 Oct 26, 10:28pm -
• newMistry contends SRTT is delaying reply; trust cites charity commissioner’s order
  Mehli Mistry alleges that failing to reply even after four months was deliberate and intended to delay the proceedings.
  - 20 hours ago 15 Oct 26, 10:04pm -
• newTech Mahindra maintains edge over Wipro in September quarter
  While Wipro reported its slowest second-quarter growth in three years, Tech Mahindra reported its fastest second-quarter growth in the same period.
  - 20 hours ago 15 Oct 26, 9:16pm -
• newTata Trusts challenges Mehli Mistry’s right to contest trustee changes, cites expiry of tenure: Report
  The dispute over trustee appointments and the administration of the philanthropic institutions was heard before the Maharashtra Charity Commissioner on Thursday.
  - 21 hours ago 15 Oct 26, 8:36pm -
• newSatya Nadella recalls employee he failed to help early in his career : ‘I was an absent leader barking orders’
  Microsoft CEO Satya Nadella has reflected on an early management failure, recalling how he failed to recognise an employee’s struggles despite repeated requests for help. 
  - 22 hours ago 15 Oct 26, 7:32pm -
• newOrigin raises $20 million from Accel, Zacua to scale construction robotics in the US, Europe
  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.
  - 23 hours ago 15 Oct 26, 6:46pm -
• newFairfax to bring IIFL Capital, Digit under IDBI Bank after ₹52,878 crore acquisition, build financial services group
  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.
  - 23 hours ago 15 Oct 26, 6:44pm -
• newIsha Ambani recalls how a failed college assignment led to the idea for Jio: ‘The internet did not work’
  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.
  - 23 hours ago 15 Oct 26, 6:43pm -
• newAkash Ambani says Jio's 6G rollout is on the horizon, but it won't need a physical infrastructure build-out; details
  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. 
  - 23 hours ago 15 Oct 26, 6:33pm -
• ‘You either grow or you go down’: Kumar Mangalam Birla plans up to $30 billion investment in India, overseas
  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.
  - 1 day ago 15 Oct 26, 5:30pm -
• Akash Ambani says Jio carries 60% of India's data traffic ahead of IPO, eyes major chunk of $1.4 tn digital economy
  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.
  - 1 day ago 15 Oct 26, 4:54pm -
• Uday Kotak at Reliance Jio IPO press conference: Historic issue! RIL to become largest conglomerate by market cap
  Uday Kotak at Reliance Jio IPO press conference: The founder of Kotak Mahindra Bank said RIL would become the largest conglomerate by market cap, and Jio's years of perseverance had translated into market leadership in India's mobility and home broadband segments.
  - 1 day ago 15 Oct 26, 4:11pm -
• Air India’s new CEO tightens spending as losses mount
  Tewolde Gebremariam has set up a full-time cost-savings team and tightened spending approvals, shifting focus from predecessor Campbell Wilson’s fleet expansion to operational profitability.
  - 1 day ago 15 Oct 26, 4:06pm -
• Lightbox eyes later-stage deals, seeks repeatable path to profitability before next fund
  The strategy comes as the VC firm seeks to demonstrate it can improve the financial performance of its portfolio companies in a repeatable way before approaching investors for its fourth fund.
  - 1 day ago 15 Oct 26, 3:55pm -
• Marketing heritage to Gen Z: Neha Marda shares how Phitku is selling ‘phitkari’ without the grandma guilt
  By stripping away the “old-fashioned” label, Phitku repositioned the alum not as a relic of the past but as a highly efficient, minimalist solution for today's fast-paced world.
  - 1 day ago 15 Oct 26, 3:31pm -
• TSMC open to partnership with Elon Musk’s Terafab as chip giant's Q3 profit hits record $23.6 billion
  TSMC is discussing a partnership with Elon Musk’s Terafab but insists on running the chip plant as the Taiwanese giant reports record quarterly profit of NT$763.1 billion.
  - 1 day ago 15 Oct 26, 2:33pm -
• Supreme Court upholds Bombay HC order quashing Yes Bank’s ₹8,415 cr AT-1 bond write-off
  The dispute centres on whether Yes Bank’s administrator had the legal authority to cancel the bonds as part of the bank’s reconstruction plan, leaving investors with losses on their investments.
  - 1 day ago 15 Oct 26, 2:11pm -

Live Mint - Opinion

• newJob hopping is good for young people—so why are they barely doing it?
  People who believe that going from job to job is a folly of youth and generally just ‘bad’ behaviour are in for a rude shock. The research is clear that it’s the primary way young people grow their wages. Yet, people early in their career aren’t job hopping much. The reasons may surprise some.
  - 3 hours ago 16 Oct 26, 3:00pm -
• newAndy Mukherjee: Rupee defence—It shouldn’t be left to unconventional measures while regular policy tools gather dust
  The Reserve Bank of India (RBI) has of late resorted to a battery of measures to bolster the currency’s value, many of which could exact a high price down the line. It has more straightforward tools at its disposal—it’s time to use them.
  - 3 hours ago 16 Oct 26, 2:28pm -
• newIDBI Bank to be bought by Fairfax: a belated but worthy deal struck by India’s government
  The Centre’s decision on the sale of IDBI Bank to Prem Watsa’s Fairfax marks the culmination of an long drawn effort that seemed endless, but sends out a welcome signal that it’s back in disinvestment mode. The deal will support its fiscal math and draw foreign exchange too.
  - 10 hours ago 16 Oct 26, 8:01am -
• newMint Quick Edit | Elephant in the room: Will policymakers let inflation rip or keep price levels stable?
  Growing burdens of sovereign debt can tempt governments to ease their obligations by letting inflation run wild. In theory, this may be easier to do in the US than in the Eurozone. But institutional integrity could wobble anywhere.
  - 11 hours ago 16 Oct 26, 7:00am -
• Crunched commissions: India’s new insurance rules have prompted a basic rethink of the sector’s economics
  Insurers will need to adapt to the insurance regulator’s proposals or risk staring at obsolescence. With running costs already at 6-28% of premium value, it will take a major rejig to achieve a 12.5% expense ratio while absorbing servicing costs.
  - 1 day ago 15 Oct 26, 4:00pm -
• Children aren't the only ones AI can wreak havoc on—it's changing motherhood too
  Artificial intelligence (AI) has introduced a whole new era of mothering. While parents have always had to contend with fears around child-rearing, AI not only amplifies these anxieties but also contributes to isolation, self-doubt and perfectionism at the expense of one's networks and instincts.
  - 1 day ago 15 Oct 26, 3:00pm -
• Dani Rodrik: Europe should chart its own course in its quest to fix its productivity problem
  Europe’s public outlays, labour protections and other safety nets mean the benefits of growth are well distributed, but it must sharply improve productivity to secure its future. Unlike the US, it should aim to use technology in the service of people rather than the other way around.
  - 1 day ago 15 Oct 26, 2:01pm -
• India's tourism boom: How we may be underpricing one of the biggest risks it faces
  The country is counting on tourism as a growth engine but climate change could make some of its most valuable destinations more expensive, less accessible and harder to insure. Assets will increasingly be vulnerable to climate impacts.
  - 1 day ago 15 Oct 26, 12:30pm -
• Himanshu: Step up job generation through India’s rural employment guarantee scheme
  One of the few high-frequency indicators of the rural economy's health is wages. Unfortunately, the signs aren’t good. India must ramp up spending on its employment guarantee. Not only can it help relieve rural distress, it can lift India’s broader economy.
  - 1 day ago 15 Oct 26, 12:00pm -
• Adobe, Microsoft… who’s next? AI enabled clones of packaged software have made the industry sit up
  The latest warning shot is an artificial intelligence-enabled clone of an Adobe suite that took very little time and money compared to the original. Microsoft’s wares are a target too. Software package incumbents need to fortify themselves.
  - 1 day ago 15 Oct 26, 7:30am -
• Mint Quick Edit | Wholesale inflation heating up lends weight to the case for another policy rate hike
  With India’s wholesale price index (WPI) showing inflation of 11.4% last month (and the retail rate at 5.5%), it’s clear that price stability needs attention. RBI might go for another rate hike but the Centre should be cautious with tools at its disposal.
  - 1 day ago 15 Oct 26, 7:00am -
• Israel’s election overseer on how to stop AI distorting votes
  The danger need not begin with malicious intent. A model may draw on stale information, favour popular viewpoints or give different answers to similar questions. In 2025 the Dutch data-protection authority warned that chatbots gave distorted voting advice.
  - 2 days ago 14 Oct 26, 8:29pm -
• Manu Joseph Why create anarchy if unhappy people can fight elections? Times have changed
  In a democracy, the only meaningful revolution occurs every five years—elections. At one time, protestors could simply be asked to contest polls. But then, we should acknowledge that the world is no longer what it was.
  - 2 days ago 14 Oct 26, 4:10pm -
• TCA Anant: Is India in a vibecession? Household sentiment lags economic performance
  Persistent gaps between economic data and public perceptions should make us examine the surveys designed to measure the popular mood. Here’s a look at RBI’s sentiment trackers and what could be done to improve them.
  - 2 days ago 14 Oct 26, 4:09pm -
• The Nobel prize winners for 2026 rebuilt stabilization policy—Here's why that matters
  Robert E. Hall and Michael Woodford gave the world a more rigorous basis for policy evaluation to help optimize monetary and fiscal responses. Their approach now informs central banks across the world. Here’s the academic trail they pursued.
  - 2 days ago 14 Oct 26, 4:00pm -

• Fire and smoke are choking Southeast Asia—but Singapore is equipped to save the day
  The city-state could use its financial heft to ensure accountability from its less cooperative neighbours. While businesses in the region may prosper from lax regulation, the vast majority of its ordinary citizens are suffering. Not to mention its rainforests.
  - 2 days ago 14 Oct 26, 3:00pm -
• Needed: A labour strategy that can contain AI job displacement without stifling innovation
  Regulating the artificial intelligence (AI) industry to protect existing jobs could create costly distortions. But we could adopt a ‘net zero' approach to help balance human employment with AI deployment. Here's what it would entail.
  - 2 days ago 14 Oct 26, 12:31pm -
• Open minds please: School can't teach children everything but must foster lifelong learning
  Knowledge evolves but orthodoxies often prevail. For instance, chimpanzees were thought unable to use tools until Jane Goodall dispelled that notion. It’s an educational imperative to get students to ask what else we may be wrong about.
  - 2 days ago 14 Oct 26, 12:00pm -
• Failure is not the problem. Silence after failure is
  While modern reforms have made the process of closing a company simpler, the real struggle lies in the silence from investors, founders, and the broader ecosystem when a venture collapses. 
  - 2 days ago 14 Oct 26, 8:00am -
• Rupee stopgap: RBI's new props have boosted its external value but this only spells momentary relief
  The central bank’s emergency measures to support India’s currency hint of panic. They could also make risk-hedging dearer. For real relief from exchange rate weakness, the country's macro dynamics will need to move in the rupee’s favour.
  - 2 days ago 14 Oct 26, 7:30am -
• Mint Quick Edit | IMF outlook: India’s economy has held up impressively
  The latest set of International Monetary Fund (IMF) forecasts has notched up India’s growth to 7% this fiscal year and the next. While this pace is reassuring, we must relentlessly pursue reforms aimed at sharpening an export edge.
  - 2 days ago 14 Oct 26, 7:00am -
• Ajit Ranade: The 2026 Economics Nobel prize focuses on a macro quest that’s far from over
  The work of this year’s Nobel winners for economic sciences, Robert E. Hall and Michael Woodford, helped revive Keynesian economics. But this field still has some way to go before we can reliably anticipate and mitigate instability that threatens jobs and livelihoods.
  - 3 days ago 13 Oct 26, 7:11pm -
• Shield yourself: Judgement is the last human bastion against AI bots ready to take jobs away
  As we gain experience deploying artificial intelligence (AI) in workplaces, the work that's best not automated is getting clearer. What AI can’t reliably take are fine judgement calls that senior job roles entail. Juniors will need to acquire these skills for employers to value them.
  - 3 days ago 13 Oct 26, 6:48pm -
• Perps market: Is Singapore a cradle for the future of crypto finance or turning into a den for gambling?
  It will be a challenge to regulate the techno-anarchy of Hyperliquid, a decentralized and unregulated trading platform for crypto derivatives (‘perps’) based in Singapore. After years of cracking down on unlawful gambling, the city-state now hosts a crypto market that looks like a casino.
  - 3 days ago 13 Oct 26, 3:00pm -
• Nageswaran: India has been out of fashion among global investors but that could change
  Global sentiment towards Indian assets has been poor for some time now. Although the reasons for it are real, they are mostly external. Each of them can turn within the next 12-18 months. Let’s examine them one by one.
  - 3 days ago 13 Oct 26, 2:00pm -
• Six shades of Sebi's Credit Risk-o-Meter: Here’s how the concept could be made more investor friendly
  The Securities and Exchange Board of India's (Sebi) new colour-coded bond risk gauge could do with some tweaks to prove itself useful for investors. Here are four ideas that could help make bond risks clearer.
  - 3 days ago 13 Oct 26, 12:00pm -
• UPI charges: the economics of a digital public good
  As UPI moves from adoption to sustainability, differentiated pricing must balance cost recovery with financial inclusion, merchant affordability and competition.
  - 3 days ago 13 Oct 26, 9:48am -
• Nobel Prize 2026: Why Hall and Woodford’s economic research resonates in today’s world
  This year’s Nobel Prize honours Robert E. Hall and Michael Woodford, whose work draws upon microeconomic studies for a macro policy framework that holds special relevance in a world of high flux and economic shocks. Hear of ‘policy reflexivity,’ think of this duo.
  - 3 days ago 13 Oct 26, 7:30am -
• Mint Quick Edit | Retail investors seem to be going long on India’s stock market—as mutual fund data shows
  Data shows households pouring money into mutual funds amid a stock market slump. This speaks of confidence in indices eventually riding back up on the real economy’s strength. If the global AI mania subsides, perhaps foreign flows will return.
  - 3 days ago 13 Oct 26, 7:00am -
• Techie barriers: America may be able to keep Indians out but it can't ensure that IT work stays in the US
  The Trump administration's latest immigration bars will make US talent imports harder, costlier and politically hazardous. But India’s IT industry will adapt to US immigration curbs. The sector’s challenge is client orientation, one way or another.
  - 4 days ago 12 Oct 26, 4:01pm -
• Unpopulist opinion: Why free market economists probably feel like grand failures right now
  The idea that risk-return trade-offs no longer apply is a seductive one, so it's no wonder the notion has gained popularity on both sides of the political divide in America. However, supporters of the free market have good reason to despair this.
  - 4 days ago 12 Oct 26, 3:00pm -
• Narendra Modi is a real fiscal hawk—both as CM and PM, he doubled down on revenues, plugged leakages
  Tracing Modi’s record from Gujarat to the Union government, a clear trend is how he favours fiscal discipline by balancing revenue growth, spending, and debt rather than simply cutting budgets. He improved collections, welfare delivery, and infrastructure investment alongside deficit reduction.
  - 4 days ago 12 Oct 26, 2:24pm -
• India’s Securities Markets Code: Lawmakers must put Sebi’s revisionary authority to scrutiny
  The regulator shouldn’t be in a position to judge its own order. The Centre should instead replace this proposal of extraordinary authority with a right to appeal to the Securities Appellate Tribunal.
  - 4 days ago 12 Oct 26, 2:00pm -
• New Development Bank: Brics’ multilateral lender has established itself but has a long way to go
  This institution, envisioned as a development bank for economies of the Global South, has acquired a good credit rating over its decade of existence. But it still lends too little, given its capital base. It’s time for Brics Bank to show the difference it can make.
  - 4 days ago 12 Oct 26, 12:30pm -
• Chandrajit Banerjee: How India’s SME Growth Fund could create globally competitive businesses
  Small and midsized firms have the most potential to scale operations, raise productivity, integrate into global value chains and create high-quality domestic employment. Here's how the Centre's funding of promising enterprises can create a new generation of exporters.
  - 4 days ago 12 Oct 26, 12:00pm -