Business Line

• newLoP, Opposition leaders move SC for full disclosure of EC records on SIR
  They seek independent probe and suspension of SIR as interim relief
  - 6 hours ago 12 Oct 26, 9:49pm -
• newLetters to the Editor dated October 12, 2026
  - 6 hours ago 12 Oct 26, 9:44pm -
• newLetters to the Editor dated October 9, 2026
  - 6 hours ago 12 Oct 26, 9:43pm -
• newEditorial. Signs of nerves
  RBI should avoid knee-jerk response to rupee movement
  - 7 hours ago 12 Oct 26, 9:42pm -
• newBank of India classifies Kishore Biyani-promoted Future Enterprises account as fraud
  The public sector lender disclosed the classification in a regulatory filing, citing its policy on determining and disclosing material events and information
  - 7 hours ago 12 Oct 26, 9:38pm -
• newSunil Bharti Mittal named Knight of the National Order, France’s highest civilian distinction
  Mittal honoured for his role in deepening economic ties between India and France and achievements in telecommunications and digital infrastructure
  - 7 hours ago 12 Oct 26, 9:36pm -
• newNeither approved nor disapproved, SC clarifies stance on Form 6 alterations
  The changes and modified declarations, which required applicants to provide ancestry details or linkage to previous SIR rolls on the ECINet portal, were introduced subsequently in July
  - 7 hours ago 12 Oct 26, 9:33pm -
• newRDI Fund has picked the first cohort of 19 Second Level Fund Managers with investment commitment of ₹7,131 crore
  The names of the SLFMs were not disclosed.
  - 7 hours ago 12 Oct 26, 9:28pm -
• newOnMeta, QazPost tie-up for digital payments infra in Kazakhstan
  The partnership brings together QazPost’s nationwide distribution network and OnMeta’s rapidly growing digital payments infrastructure at significant scale
  - 7 hours ago 12 Oct 26, 9:27pm -
• newNazara 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 Nazara’s UK arm
  - 7 hours ago 12 Oct 26, 9:20pm -
• newFestive online sales trail last year by up to 10% as shoppers opt for smaller baskets
  The research firm estimates that mobile phones will account for 30% of festive sales this year, compared with 35% last year
  - 7 hours ago 12 Oct 26, 9:18pm -
• newCharity Commissioner of Maharashtra gives Tata Trusts one more week to reply to Venu Srinivasan, Vijay Singh’s complaint
  The new deadline is October 19
  - 7 hours ago 12 Oct 26, 9:17pm -
• newCoal supply to power sector averaged at 2.49 mt per day in October
  Rakes loaded to the power sector averaged 469 rakes per day in October
  - 7 hours ago 12 Oct 26, 9:10pm -
• newIRDAI 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
  - 7 hours ago 12 Oct 26, 9:09pm -
• newBanks seek operational guidelines on maintaining Foreign Exchange Risk Reserve with RBI
  The FERR has been introduced as part of RBI’s measures to curb speculation and contain volatility in the forex market
  - 7 hours ago 12 Oct 26, 9:08pm -

• newLadakh records 4.6 lakh tourist arrivals in nine months, up 37% from 2025
  Ladakh received 55,582 tourists in September, up 60.6 per cent from 34,610 in the same month last year, according to the figures shared by the Lieutenant Governor
  - 7 hours ago 12 Oct 26, 9:08pm -
• newZetwerk 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
  - 7 hours ago 12 Oct 26, 9:06pm -
• newIn a first, India’s renewable power generation surpasses 100 BUs in a quarter
  Non-fossil sources, including renewables, hydropower, and nuclear, accounted for around 33% of the total generation in Q2 FY27
  - 7 hours ago 12 Oct 26, 9:04pm -
• newRupee perks up 96 paise on RBI’s weekend measures
  The last time the INR had a better opening than today’s was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51
  - 7 hours ago 12 Oct 26, 8:55pm -
• newIndia’s petroleum product exports help reduce US dollar burn
  India’s oil and gas export earnings stood at $42.75 billion, which helped compensate for roughly 26 per cent of the import bill
  - 7 hours ago 12 Oct 26, 8:50pm -
• newSEBI notifies common ad code, allows celebrity endorsements for brands
  The Common Advertisement Code (CAC) will apply to regulated entities, including stock brokers, depository participants, investment advisers, research analysts, etc.
  - 7 hours ago 12 Oct 26, 8:48pm -
• newNeither 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
  - 8 hours ago 12 Oct 26, 8:42pm -
• newFreshworks to acquire SaaS management platform Torii
  The acquisition is expected to close in Freshworks’ fourth fiscal quarter of 2026, subject to customary closing conditions
  - 8 hours ago 12 Oct 26, 8:41pm -
• newNexus 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
  - 8 hours ago 12 Oct 26, 8:41pm -
• newPowered 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
  - 8 hours ago 12 Oct 26, 8:40pm -
• newPocket
  - 8 hours ago 12 Oct 26, 8:39pm -
• newSIP inflows into MFs hit another high despite market vagaries
  Overall, asset under management of the industry dipped 5% to ₹82.64 lakh crore against ₹87.08 lakh crore in August due to mark-to-market loss and outflow of ₹1.83 lakh crore from debt funds
  - 8 hours ago 12 Oct 26, 8:39pm -
• newCentre 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
  - 8 hours ago 12 Oct 26, 8:39pm -
• newFM sets five priorities areas for domestic steel cos including decarbonisation, lower import
  We must reduce both the energy intensity, says Nirmala Sitharaman
  - 8 hours ago 12 Oct 26, 8:38pm -
• newSEBI’s 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
  - 8 hours ago 12 Oct 26, 8:35pm -
• newWealth Company Alternates invests ₹400 crore in sports brand Boldfit
  The investment will support Boldfit’s next phase of expansion, with significant investments planned for nationwide retail expansion, product innovation and manufacturing
  - 8 hours ago 12 Oct 26, 8:35pm -
• newWall 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
  - 8 hours ago 12 Oct 26, 8:33pm -
• newRBL Bank PAT doubles to ₹481.7 crore on FCNR(B) boost in Q2FY27
  Net interest income increased 37.4 per cent to ₹2131 crore
  - 8 hours ago 12 Oct 26, 8:28pm -
• newAequs 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.
  - 8 hours ago 12 Oct 26, 8:27pm -
• newAgilisium eyes topline of $0.5 billion in 5-7 years
  Babu suggested that the company plans to expand India’s share in the overall revenue mix to 20 per cent by 2030
  - 8 hours ago 12 Oct 26, 8:22pm -
• newGE Aerospace to nearly double India sourcing spend by 2030
  Expansion backed by local supplier network, manufacturing investments and rising engine demand
  - 8 hours ago 12 Oct 26, 8:22pm -
• newRajasthan pollution board orders closure of Carlsberg’s 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
  - 8 hours ago 12 Oct 26, 8:21pm -
• newIIT 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
  - 8 hours ago 12 Oct 26, 8:18pm -
• newAdani 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
  - 8 hours ago 12 Oct 26, 8:17pm -
• newHow can Karnataka clear Cauvery backlog amid drought conditions, SC asks Tamil Nadu
  The Bench reserved its order on Tamil Nadu’s application in the decades-old Cauvery water-sharing dispute.
  - 8 hours ago 12 Oct 26, 8:17pm -
• newMedical-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
  - 8 hours ago 12 Oct 26, 8:16pm -
• newRahul Gandhi leads Opposition march as Delhi Police denotifies Jantar Mantar as protest site
  The Opposition is demanding Kumar’s resignation over alleged irregularities in the Special Intensive Revision of electoral rolls
  - 8 hours ago 12 Oct 26, 8:16pm -
• newUncertainty 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 Court’s direction seeking a short affidavit would have any bearing on the implementation timeline
  - 8 hours ago 12 Oct 26, 8:16pm -
• newICICI 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
  - 8 hours ago 12 Oct 26, 8:12pm -
• newCotton rebounds on fears of yield drop, improving demand
  Farmers seen holding back produce, expecting prices to move up further, says trade
  - 8 hours ago 12 Oct 26, 8:09pm -
• newNMC 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)
  - 8 hours ago 12 Oct 26, 8:04pm -
• newCan Russian diesel bring down US fuel prices? Trump’s plan explained
  Shipping constraints, refinery damage and competing global supply pressures could determine whether Russia’s promised diesel deliveries offer meaningful relief to American consumers
  - 8 hours ago 12 Oct 26, 8:03pm -
• newCBI 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
  - 8 hours ago 12 Oct 26, 7:54pm -
• newMicrosoft 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.
  - 8 hours ago 12 Oct 26, 7:48pm -
• newNo 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
  - 8 hours ago 12 Oct 26, 7:45pm -
• newUPL shares jump 5% on speciality chemical business prospects
  The brokerage said Superform is targeting revenue growth of 20–23% annually, with phosphorus and cyanide chemistries emerging as key growth drivers
  - 9 hours ago 12 Oct 26, 7:41pm -
• newNirmala Sitharaman invites World Steel Association to open office in India
  India’s rising steel production and infrastructure-led consumption are strengthening its role in the global industry, even as worldwide capacity pressures persist
  - 9 hours ago 12 Oct 26, 7:34pm -
• newCIEL 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
  - 9 hours ago 12 Oct 26, 7:29pm -
• newSBI Research calls for scrapping LTCG tax on equities amid record FPI outflows
  The lender’s research arm has proposed policy changes to encourage longer-term foreign investment and strengthen foreign currency inflows into India
  - 9 hours ago 12 Oct 26, 7:26pm -
• new‘Every time you sense frustration, that’s 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
  - 9 hours ago 12 Oct 26, 7:24pm -
• newAir 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
  - 9 hours ago 12 Oct 26, 7:24pm -
• newTax provision reversal boosts Swan Defence’s 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%
  - 9 hours ago 12 Oct 26, 7:22pm -
• newSupreme 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
  - 9 hours ago 12 Oct 26, 7:18pm -
• newBroker’s call: Emmvee Photovoltaic (Buy)
  Asit C Mehta
  - 9 hours ago 12 Oct 26, 7:17pm -
• newIndian 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
  - 9 hours ago 12 Oct 26, 7:04pm -

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

• newExclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say
  MOONSHOT-DISPUTE:Exclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say
  - 2 hours ago 13 Oct 26, 2:26am -
• newJPMorgan, Goldman Curb Exposure on $5 Billion Volta AI Loan Sale
  JPMorgan Chase & Co. and Goldman Sachs Group Inc. have taken a rare move to limit their exposure on a $5 billion loan sale for AI startup Volta Infrastructure Holdings Ltd. as investors demand higher yields for risky debt tied to the artificial intelligence boom.
  - 4 hours ago 13 Oct 26, 12:31am -
• newHCLTech beats estimates, but Q2 growth slips to three-year low
  HCL Tech’s advanced AI revenue jumped 28% sequentially to $219 million, while net profit jumped 10.25% during the same period to $538 million.
  - 6 hours ago 12 Oct 26, 10:41pm -
• newRBL Bank expects to put most FCNR(B) funds to profitable use in 2-3 years
  RBL Bank expects its net interest margin to decline in the December quarter as the cost of about ₹34,000 crore raised through FCNR(B) deposits kicks in, while much of the funds remain parked in lower-yielding investments. 
  - 6 hours ago 12 Oct 26, 10:36pm -
• newSir Dorabji Tata Trust gets a week more to respond to complaints by two trustees
  SDTT, which holds 27.98% of Tata Sons, has sought an extension to respond to the Charity Commissioner’s queries on complaints filed against it. The deadline is now extended to 19 October.
  - 6 hours ago 12 Oct 26, 10:09pm -
• newWhy did Japanese chain 7-Eleven shut 31 stores in India despite its ‘long-term’ ambitions?
  At the end of September, Reliance Retail, which operates 7-Eleven stores in India under a master franchise agreement, shut all 31 outlets across the country.
  - 7 hours ago 12 Oct 26, 9:08pm -
• newOld Monk maker says Maharashtra lost ₹300 crore in excise revenue since plant shutdown in May
  Mohan Rocky Springwater Pvt Ltd told the High Court that its standoff with the FSSAI has left its Khopoli factory shut since May, cutting off state tax revenues and leaving 300 workers idle.
  - 8 hours ago 12 Oct 26, 7:45pm -
• newHCLTech Q2 Results: Revenue up 11.5% but misses estimates, net profit up 21.2%
  HCLTech Q2 Results 2026-27: Consolidated revenue rose 11.5% to ₹35,620 crore, net profit increased 21.2% to ₹5,132 crore.
  - 9 hours ago 12 Oct 26, 7:12pm -
• newLinkedIn posts about ‘women executives’ land McKinsey partner in trouble; leadership role taken away
  McKinsey removed senior partner Chris Bradley from his leadership roles after reviewing his LinkedIn comments questioning the glass cliff phenomenon. Details of the post here. 
  - 10 hours ago 12 Oct 26, 6:34pm -
• newEight out of 10 new TCS hires will need to have AI skills: What is its share of AI-led work in overall revenue?
  TCS says 80% of future hires will have digital and AI skills, with 25-30% of its 4,500 Q2 hires specialising purely in AI. AI-led work reached 10% of revenue in the September quarter, and executives expect growth in AI deals to support profit margins.
  - 10 hours ago 12 Oct 26, 6:07pm -
• newReliance’s Jio convention centre construction delay: SC directs MMRDA to deposit ₹646 cr
  The lease of the BKC land required Reliance to complete construction of the Jio World Convention Centre within four years, but the project was subsequently expanded and required additional approvals.
  - 11 hours ago 12 Oct 26, 5:35pm -
• newBiotech startup PopVax begins human trials of fridge-stable covid vaccine
  PopVax's PVX-001 is designed to remain stable at 2-8°C for at least nine months and protect against a broad range of covid-19 variants
  - 11 hours ago 12 Oct 26, 4:46pm -
• newBajaj Alts hits first close of maiden real estate fund at ₹950 crore
  The fund will invest in commercial office development through equity joint ventures with established developers, targeting Grade A office assets in key Indian markets.
  - 12 hours ago 12 Oct 26, 4:41pm -
• newMedical devices maker SMT in talks for ₹200 crore pre-IPO round
  Samara Capital, Morgan Stanley and Kotak are expected to join new investors in the round, as the medical devices maker prepares to list and early backers eye substantial gains.
  - 14 hours ago 12 Oct 26, 2:21pm -
• newSwarovski sees India business doubling in 4-5 years as it steps up store investments
  Swarovski plans to double its India business in four to five years through store expansion, affordable products and festive marketing. India sales rose 26% to ₹478 crore in FY25.
  - 17 hours ago 12 Oct 26, 11:11am -

• newTSMC expected to report sixth straight quarter of record profit thanks to AI boom
  TSMC-RESULTS/ (PREVIEW, PIX):PREVIEW-TSMC expected to report sixth straight quarter of record profit thanks to AI boom
  - 21 hours ago 12 Oct 26, 7:41am -
• newTata Motors sweetens Iveco offer as key investors hold out
  The tender offer has attracted acceptances for just 28.4% of the shares, with less than two weeks remaining to close the Tata Motors-Iveco deal.
  - 22 hours ago 12 Oct 26, 6:05am -
• newSupply-chain shifts, policy push fuel India’s manufacturing startup boom
  India's manufacturing startups have seen a surge in investor interest and a sharp rise in revenue as the country steps up efforts to boost local manufacturing, with funding jumping from $164 million in 2020 when the pandemic arrived to $1.92 billion in 2026, per data platform Venture Intelligence.
  - 22 hours ago 12 Oct 26, 6:00am -
• newEncalm looks beyond airport lounges to build ₹5,000 crore hospitality business
  Airport hospitality currently generates about 90% of Encalm’s revenue, but the company is pursuing hotels in Delhi and Chennai, highway motels and growth in catering and restaurants. The expansion also marks an attempt to reduce its dependence on airports operated by the GMR Group.
  - 22 hours ago 12 Oct 26, 6:00am -
• McKinsey Strips Partner of Leadership Role Over LinkedIn Posts
  McKinsey & Co. removed a senior partner from his leadership role at the firm’s research arm after he posted online comments questioning the uphill battle female executives face in the workplace.
  - 1 day ago 12 Oct 26, 1:54am -
• Flipkart's former employees petition to include 20,000-30,000 of group's ex-staff in ESOP buyout: Report
  Former Flipkart executives have launched a petition to get around 20,000-30,000 other former employees of the e-commerce platform and its group companies together to push for their inclusion in the planned $2 billion ESOPs buyback.
  - 1 day ago 11 Oct 26, 9:05pm -
• Jio-bp raises petrol price by ₹5 per litre, diesel up ₹3
  While other fuel retailers have raised prices following the closure of the Strait of Hormuz, this is the first time Jio-bp has raised prices this year.
  - 1 day ago 11 Oct 26, 7:16pm -
• Nvidia's paid lunches vs Google's free buffets: Are stock perks the new Big Tech benefit?
  From Google's free buffets to Nvidia's paid cafeteria meals, explore how Big Tech's employee perks are changing and why company stock may matter more.
  - 1 day ago 11 Oct 26, 6:45pm -
• Etihad Airways commercial chief Arik De exits after five-year stint, leaves key post vacant
  Reflecting on his time at the airline, Arik De highlighted the scale of Etihad’s financial transformation and the growth in its revenue during his tenure.
  - 1 day ago 11 Oct 26, 4:37pm -
• ‘Milky Mist denies FSSAI inquiry on its paneer products’: Here’s what Tamil Nadu-based dairy products company said
  Milky Mist identifies itself as “India's fastest-growing packaged food company.” It has a range of 400+ products, according to the company’s website.
  - 2 days ago 11 Oct 26, 3:08pm -
• Aditya Birla unit seeks ₹14,500 crore in loans, says report; here's why it needs the funds
  Aditya Birla Renewables is seeking $1.5 billion in rupee loans from Indian banks including SBI and HDFC, as per a news report. Here's why it needs the funds.
  - 2 days ago 11 Oct 26, 1:16pm -
• ‘Competition would greatly benefit average Indian’: Elon Musk takes a fresh swipe at Ambani over Starlink’s entry
  In the latest tweet amid his very public dispute with Ambani, the SpaceX and Tesla CEO pointed out the “absurd hypocrisy” over “de facto monopoly”.
  - 2 days ago 11 Oct 26, 10:03am -
• Elon Musk's SpaceX ambition grows: From being ‘worth more than Earth’ to ‘orders of magnitude’ beyond the global economy
  In a post on X on October 9, the Tesla and SpaceX chief executive said he could see a path for SpaceX to reach a valuation far beyond the economic output generated worldwide.
  - 2 days ago 11 Oct 26, 3:11am -
• Court Denies Investor Request to Probe Philips Over 2021 Recall
  An Amsterdam court rejected requests from investors for an investigation into Royal Philips NV’s handling of a 2021 recall of its sleep apnea devices.
  - 2 days ago 11 Oct 26, 12:16am -
• Nvidia’s corporate communications chief Anna Soellner quits after 4 months: Who is she?
  Anna Soellner joined the chipmaker around June, according to her LinkedIn profile, as the company experienced rapid growth driven by demand for artificial intelligence (AI) infrastructure.
  - 2 days ago 10 Oct 26, 10:55pm -
• DMart’s Q2 profit growth trails revenue as expenses rise
  DMart posted strong revenue growth in the September quarter, helped by better sales at mature stores and continued network expansion. 
  - 2 days ago 10 Oct 26, 6:04pm -
• $606 million payday! Check outgoing CEO David Zaslav's big windfall from Paramount's Warner Bros takeover
  David Zaslav’s payout includes $381.7 million in stock options; he sold nearly $200 million worth of WBD shares after the acquisition deal was announced
  - 2 days ago 10 Oct 26, 5:40pm -
• Persistent to squeeze out existing Nagarro shareholders en route to become seventh-largest
  Persistent Systems has crossed the 90% ownership threshold in Nagarro, giving it the right to squeeze out minority shareholders and complete a full takeover of the German IT firm.
  - 2 days ago 10 Oct 26, 4:50pm -
• After 'Prime Minister' jibe, Elon Musk doubles down on attack against Ambani - What his latest post on X said
  Elon Musk renewed his criticism of Ambani over delays to Starlink’s India launch, sharing old reports alleging political links. Jyotiraditya Scindia rejected monopoly claims, saying licensed operators can begin services once spectrum is assigned and security conditions are met.
  - 3 days ago 10 Oct 26, 10:13am -
• Zetwerk eyes ₹27,000 crore IPO valuation as over 30 investors weigh anchor book
  Abu Dhabi Investment Authority (ADIA), Norway's central bank, and the asset management arms of Goldman Sachs, SBI and HDFC are among more than 30 foreign and domestic investors considering participation in Zetwerk's anchor book ahead of its IPO.
  - 3 days ago 10 Oct 26, 5:45am -

Live Mint - Opinion

• newTechie 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.
  - 12 hours ago 12 Oct 26, 4:01pm -
• newUnpopulist 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.
  - 13 hours ago 12 Oct 26, 3:00pm -
• newNarendra 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.
  - 14 hours ago 12 Oct 26, 2:24pm -
• newIndia’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.
  - 14 hours ago 12 Oct 26, 2:00pm -
• newNew 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.
  - 16 hours ago 12 Oct 26, 12:30pm -
• newChandrajit 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.
  - 16 hours ago 12 Oct 26, 12:00pm -
• newGood and simple tax: How the GST Council's latest reforms are finally making it a reality
  Almost a decade after India adopted the goods and services tax (GST), significant reforms are underway. The procedural changes approved by the GST Council could go a long way towards realizing its economic promise. Here’s what will change—and what’s pending.
  - 21 hours ago 12 Oct 26, 7:30am -
• newMint Quick Edit | RBI’s latest rupee prop should work as a stopgap but we need structural solutions
  The central bank’s special window to supply oil importers with dollars directly will reduce forex market demand and help stabilize India’s currency. But it doesn’t reduce uncertainty on capital inflows—the crux of its weakness.
  - 21 hours ago 12 Oct 26, 7:00am -
• newRahul Gandhi seizes the streets, but Delhi remains distant
  The Congress sees an opportunity in the changed political landscape and believes it can drive a harder bargain with regional satraps.
  - 23 hours ago 12 Oct 26, 5:30am -
• India’s export imperative: Here’s how we must mitigate trade risks amid global turmoil
  As the world becomes a less reliable source of capital, India’s export earnings must rise. Although geopolitical uncertainty is beyond the Centre’s control, it still has many ways to boost exports. Here's what policymakers should consider.
  - 2 days ago 11 Oct 26, 4:00pm -
• Andy Mukherjee: The AI productivity boom has begun—if you know where to find it
  Failure to isolate productivity gains doesn’t mean that they don’t exist. Stock markets are already figuring out which listed companies are gaining from the use of artificial intelligence. Some data exists from which we can make our own inferences.
  - 2 days ago 11 Oct 26, 3:30pm -
• India’s vulnerable no longer look the way we imagine—and that has policy implications
  Markers of economic insecurity have transformed over time and this implies that India’s development challenge is changing. How India identifies and supports the country’s needy will need to change accordingly.
  - 2 days ago 11 Oct 26, 3:00pm -
• GST's growth lift: How procedural reforms could act as a booster shot for the Indian economy
  India can expect capital to flow more efficiently and give businesses the competitiveness they need with the reforms approved by the GST Council. Here's how the changes create an enabling environment for faster GDP growth.
  - 2 days ago 11 Oct 26, 2:03pm -
• Mrityunjay Athreya: the unfashionable management guru who shuns jargon for purpose
  Mrityunjay Athreya returned from Harvard to reshape Indian management, championing people, purpose and values over fashionable jargon. Decades later, his ideas have proved remarkably durable.
  - 3 days ago 10 Oct 26, 7:00am -
• AI and us, together in a troubled world
  On World Mental Health Day 2026, AI is adding another layer of uncertainty when we already have plenty to cope with.
  - 3 days ago 10 Oct 26, 7:00am -

• Elon Musk’s big borrowing spree after SpaceX’s equity issue: how much more can Big AI borrow?
  Even against hardening rates of interest, America’s AI industry hasn’t dampened its debt appetite for a massive infrastructure build-up. Yet, a steepening of the US bond yield curve has begun to alter issuance plans—and caution is advisable.
  - 3 days ago 9 Oct 26, 4:33pm -
• Essar’s Iowa steel plant could add to overcapacity behind tariff walls—and that won’t help
  Trump’s security argument for steel tariffs is not just hollow, it has hurt US steel users and set American manufacturing back. Essar plans a steel plant in Iowa, a swing state vital to Trump’s political party, but how far should protectionism go?
  - 4 days ago 9 Oct 26, 2:00pm -
• In a world of drones and self-driving cars, can technology secure flights from rogue pilots?
  The recent FlyDubai cockpit scare may make fly-by-wire tech seem like an aviation security solution. But the hitch has been that remote aircraft control technology is not free of risk either. Here’s the lowdown on the dilemma as it stands today.
  - 4 days ago 9 Oct 26, 8:00am -
• Mint Quick Edit | India’s latest GST reforms should help turn production more competitive
  The broad aim of the GST Council's reform package is to ease processes and compliance. A big gain will be the working capital that would be unlocked—especially for businesses with long or highly taxed supply chains. The changes deserve a warm welcome.
  - 4 days ago 9 Oct 26, 7:01am -
• Why privacy must survive the age of AI: Not just humans, even the economy needs it
  It's a sigh of the times. In a world under Big Tech’s watch and a country agog with Tata Sons’ private status, privacy looks like a quantum cat: both dead and alive. Scant concern for it isn’t just unjust, it could have economic consequences. Here’s how.
  - 5 days ago 8 Oct 26, 4:00pm -
• Think flippable: Has Apple bet its handset business on its new foldable but pricey iPhone Duo?
  Are brand loyalists rubbing palms of anticipation for the Duo? Analysts aren’t sure. The latest iPhone Pro series hasn't been jumping off shelves, but if customers are just holding out for Apple’s biggest form factor bet so far, that would cheer its stock.
  - 5 days ago 8 Oct 26, 3:00pm -
• Gen Z protests: Education and jobs in a free and open society are the top priorities of this generation
  In India, this is the bulkiest age cohort with over 400 million people. A youth bulge needn’t always boost growth. Unless smart policy choices are made on education and development, a demographic dividend can turn into demographic dissidence.
  - 5 days ago 8 Oct 26, 2:00pm -
• Turmoil ahead: Unhappy Europe is in the throes of a potentially major political shift
  Protests in France have captured attention but youth restlessness is visible in Spain, Germany and other countries. Unlike the UK’s Andy Burnham, political leaders seem woefully out of touch. Sharp budget cuts are adding to discontent and making space for political extremes.
  - 5 days ago 8 Oct 26, 12:30pm -
• STT: What began in lieu of capital gains tax relief survives on flimsy grounds—time to axe it?
  The tax was a tracker rather than a revenue source. But not only has capital gains tax come right back since then, STT has turned into a coffer filler and market intervention tool. That’s not what it was meant to be. Why not get rid of it?
  - 5 days ago 8 Oct 26, 12:10pm -
• RBI’s repo rate hike: Inflation must be tackled in a global context weighing against macro stability
  The Indian central bank’s first rate hike since early 2023 aims to tame inflation. That’s reassuring. Macro stability, however, covers far more than domestic price levels—and it’s an external challenge that may prove harder to stare down.
  - 5 days ago 8 Oct 26, 7:31am -
• Mint Quick Edit | RBI's proposed committee for financial markets is timely: Here’s how it may work best
  An integrated formal interface with financial market participants would give the Reserve Bank of India a closer ear to how trading floors interact, which could help it spot contagion effects and stability risks early. It mustn’t suffer mission creep, though.
  - 5 days ago 8 Oct 26, 7:00am -
• Beyond the pilot: Is AI changing how India Inc works?
  Enterprise AI will increasingly be judged by the work it completes, the full cost of the outcome and whether businesses can trust it at scale.
  - 5 days ago 7 Oct 26, 7:04pm -
• RBI has hiked the repo rate at last but can its monetary policy committee make up for lost time?
  The Reserve Bank of India (RBI) has finally raised its repo rate after an 18-month stretch of wait and watch. Whether it will succeed in taming inflation without having to pay too high a price, though, remains to be seen.
  - 5 days ago 7 Oct 26, 6:08pm -
• India’s IPO boom hasn’t flagged but it has boosted the case for mandatory ratings of public offers
  Public issue investing retains its allure but investors could do with better information to make choices. Equity ratings by credible agencies that tell primary market investors about the prospects of businesses going public could be highly valuable.
  - 6 days ago 7 Oct 26, 4:00pm -
• America’s bond market is headed where it should—with yields that can balance investment with saving
  Today’s hardening rates in the US are not unusual. The debt market is reaching for an equilibrium that an easy-money policy had held off for so long that people forgot what a balanced market looks like. This correction is something to cheer, not fear.
  - 6 days ago 7 Oct 26, 3:00pm -
• India’s SDGs: The data that’s visible is easy to track but it’s not what ultimately matters
  Businesses, governments and citizens all have duties that they must perform well if we are to change people’s lives for the better in India. Expenditure figures and outlay sizes may look impressive, but these alone tell us little. Here's what we should pay attention to.
  - 6 days ago 7 Oct 26, 2:00pm -
• Devina Mehra: The art of storytelling can turn into an investment pitfall even for veteran investors
  Humans are wired to believe stories, but this can be a problem if we accept them whole-heartedly and fail to question our conviction in them. Even fund managers who may be telling investment stories can fall under their spell. Here's what investors should be wary of.
  - 6 days ago 7 Oct 26, 12:00pm -
• India’s angel ecosystem must be built on informed trust
  Strong markets are built through sound regulation. But great entrepreneurial ecosystems are ultimately built through informed trust—and by ensuring that everyone who gives or receives that trust understands the responsibility it carries.
  - 6 days ago 7 Oct 26, 8:00am -
• India's big biotech opportunity: Let's make the most of the country's genetic diversity
  A Nobel prize for optogenetics draws a major biotech opportunity into the spotlight. Genetic data offers a hotbed for medical innovation—if Indian regulation gets its speed-versus-safety trade-off right
  - 6 days ago 7 Oct 26, 7:30am -
• Mint Quick Edit | The Mecca alliance versus Iran-backed Houthis: Will it escalate conflict?
  Pakistan and Türkiye acting in defence of Saudi Arabia could broaden West Asia’s theatre of war. How this works out for the global oil market may depend on how Iran reacts to the trilateral Mecca pact’s all-for-one clause being invoked.
  - 6 days ago 7 Oct 26, 7:00am -