Business Line

• newSC upholds Bombay HC order quashing Yes Bank AT-1 write-off
  Liability may exceed ₹13,000 crore; shares plunge 14.43 per cent
  - 16 mins ago 15 Oct 26, 10:19pm -
• newIndia Cements acquires 3.6% stake in Zenataris Renewable for captive power needs
  The consideration involved is an equity investment of over Rs ₹20 crore and it will be closed within 120 days from the execution of the agreement
  - 16 mins ago 15 Oct 26, 10:19pm -
• newShould ‘special’ FCNR(B) deposits be insured?
  From banks’ perspective, considering the forex rate risk and that these deposits are quite sizeable, their inclusion for insurance cover needs serious re-thinking
  - 17 mins ago 15 Oct 26, 10:18pm -
• newSaudi airline flyadeal eyes expansion in India
  The airline is also looking to introduce services to Delhi, Kozhikode and Lucknow. 
  - 17 mins ago 15 Oct 26, 10:18pm -
• newSTT collection surges 52% in FY27 amid market volatility; net direct tax collection grows 13%
  Experts say the STT jump, driven largely by higher levies on futures and options, could open room to reconsider the overlap with long-term capital gains tax in Budget 2027
  - 17 mins ago 15 Oct 26, 10:18pm -
• newZinc futures: Retain the longs
  The October contract can resume the rally and touch ₹435
  - 18 mins ago 15 Oct 26, 10:17pm -
• newDPDP compliance boom gives Big 4 consulting firms a new growth boost
  Consulting firms setting up dedicated DPDP team and also partnering with tech providers
  - 19 mins ago 15 Oct 26, 10:16pm -
• newWhy RBI should raise rates by 75 bps by year-end
  Front-loading would help anchor expectations, restore part of the interest-rate cushion over the US and moderate demand before festive spending, credit expansion and imported-cost pressures become mutually reinforcing
  - 19 mins ago 15 Oct 26, 10:16pm -
• newNHC Foods to acquire DNR Ventures for $5.5 mn
  The transaction will provide NHC Foods with a controlling interest in the Singapore-based company, subject to satisfactory due diligence and required regulatory and third party consents
  - 20 mins ago 15 Oct 26, 10:15pm -
• newTVS Automobile Solutions raises ₹425 cr in a Series D funding round led by CE-Invests
  For myTVS, CE-Invests brings deep regional market understanding and business networks that can support the identification and development of new opportunities across the MENA region
  - 20 mins ago 15 Oct 26, 10:15pm -
• newWater stress
  - 21 mins ago 15 Oct 26, 10:14pm -
• newBroker’s call: Vesuvius India (Buy)
  Keynote Capitals
  - 23 mins ago 15 Oct 26, 10:12pm -
• newWipro Q2 profit falls 4.7% sequentially; large-deal bookings plunge 59%
  The IT services major’s outlook for the December quarter remains subdued, with revenue expected to decline by up to 1.5% or grow by a maximum of 0.5 per cent in constant currency (cc) terms
  - 25 mins ago 15 Oct 26, 10:10pm -
• newTech Mahindra reports consolidated net profit of ₹1,586 crore in Q2 FY27
  Revenue rose to ₹16,180 crore from ₹13,995 crore in the year-ago quarter, while constant currency growth stood at 7.2%, indicating underlying business growth after excluding the impact of exchange-rate fluctuations
  - 26 mins ago 15 Oct 26, 10:09pm -
• newSEBI retains existing derivatives settlement formula, tweaks closing auction
  Expiring contracts will continue to use 30-minute VWAP; stock derivatives trading extended to 3.45 pm on expiry days
  - 26 mins ago 15 Oct 26, 10:09pm -

• newIndia’s September exports jump 23% to $44.4 billion; trade deficit narrows to $30.2 billion
  Electronics, petroleum products, chemicals and engineering goods lead export growth as gold and silver imports plunge; April-September deficit widens to $177.6 billion
  - 27 mins ago 15 Oct 26, 10:08pm -
• newNestle India Q2 results: Consolidated net profit jumps 35.9%, total sales rise 20.5%
  The Maggi maker reported consolidated sales of ₹6,782.2 crore, driven by robust double-digit volume growth across product categories and higher brand investments.
  - 28 mins ago 15 Oct 26, 10:07pm -
• newBroker’s call: FSN E-Commerce (Buy)
  JM Financial
  - 28 mins ago 15 Oct 26, 10:07pm -
• newRupee ends flat, anchored by RBI intervention in face of global strains
  The lingering pressures have left the rupee reliant on central bank interventions to avert testing record low levels hit in May
  - 28 mins ago 15 Oct 26, 10:07pm -
• newNifty hits 23,000 as India bucks Asian rout; Yes Bank, IDBI crash on rulings
  Large-cap buying lifted benchmark indices, but falling midcaps, smallcaps and weak market breadth raised questions about the strength of the recovery
  - 28 mins ago 15 Oct 26, 10:07pm -
• newIndian Bank reports 15% rise in net profit, NII rises 18%
  Total deposits increased by 12.5% YoY and reached ₹8,74,036 Cr as of September 2026
  - 29 mins ago 15 Oct 26, 10:06pm -
• newHDFC Life Q2 net up 13.6% at ₹508 crore, net premium income rises 15.7%
  The life insurer had registered a net profit of ₹447.15 crore for the second quarter of last fiscal year, and its net premium income increased to ₹21,727.37 crore in Q2FY27 from ₹18,777 crore in Q2FY26
  - 30 mins ago 15 Oct 26, 10:05pm -
• newGadchiroli stands out for exemplary work in water conservation under PMDDKY scheme
  The once Naxal-hit area has transformed drought-affected areas into greener landscapes and achieved new milestones in agricultural production
  - 31 mins ago 15 Oct 26, 10:04pm -
• newAuto industry posts stellar performance in H1 FY27 led by GST 2.0, resilient rural-urban demand
  Although reported growth rates may moderate, the demand fundamentals remain supportive, aided by festive season, new product launches, last-mile mobility requirements, infrastructure spending and fleet replacement.
  - 31 mins ago 15 Oct 26, 10:04pm -
• newOrange Retail Finance and Shriram Finance sign co-lending agreement for gold loans
  Under the agreement, the two companies will jointly originate, and fund gold loans secured against gold jewellery, with a 20:80 participation ratio between ORFIL and Shriram Finance, respectively
  - 32 mins ago 15 Oct 26, 10:03pm -
• newIndia reaches 84% of 2037 cold-storage target; single commodity uses three-fourths of it
  Approximately three-quarters of this capacity is used for potatoes, while more than half is concentrated in Uttar Pradesh and West Bengal
  - 32 mins ago 15 Oct 26, 10:03pm -
• newSC says changes to Form 6 not made by court; says post-retirement immunity to CEC not available to even judges
  SC hears petitions demanding suspension of CEC Gyanesh Kumar over allegations of bias, administrative unilateralism, and procedural overreach during the SIR process
  - 32 mins ago 15 Oct 26, 10:03pm -
• newJ&K industrial push broadens as startups, MSMEs deepen investment cycle
  The government’s Startup Policy 2024 has provided funding support to 25 start-ups and four incubators
  - 32 mins ago 15 Oct 26, 10:03pm -
• newUCO Bank Q2 net jumps 26.76% at ₹785.64 crore, aims at 12-14% credit growth for FY27
  Net interest margin on a global basis held at 3.00 per cent compared with 2.90 per cent in the year-ago period
  - 34 mins ago 15 Oct 26, 10:01pm -
• newAM Intelligence orders 20,000 more Nvidia GPUs for India, Malaysia
  Aggregate orders stand at 29,000 GPUs, representing close to 100 MW
  - 35 mins ago 15 Oct 26, 10:00pm -
• newRaymond Realty Q2 sales bookings jump 98% to ₹902 cr
  Collections rise 67% YoY to ₹682 crore
  - 35 mins ago 15 Oct 26, 10:00pm -
• newRising dry-fruit prices push consumers towards cashews
  Drop in output in origins, higher freight rates push up prices of varieties such as pistachios, almonds; trade sees reduced offtake on higher prices this festive season
  - 39 mins ago 15 Oct 26, 9:56pm -
• newIVPA asks members to reduce retail prices of edible oil
  IVPA seeks weekly price disclosures as duty cuts aim to ease consumer costs
  - 39 mins ago 15 Oct 26, 9:56pm -
• newAction plan ready to tackle El Nino: Telanagana CM Revanth Reddy
  Falling reservoir storage, a widening rainfall deficit and rising electricity demand have prompted the government to prepare for prolonged resource pressures
  - 39 mins ago 15 Oct 26, 9:56pm -
• newSEA plans to ink pact with Columbian oil palm growers’ federation
  To explore palm oil sourcing, trade and co-operation
  - 39 mins ago 15 Oct 26, 9:56pm -
• newVeranda Learning forms JSCEL board ahead of demerger
  The company has announced October 6, 2026, as the record date for the demerger
  - 41 mins ago 15 Oct 26, 9:54pm -
• newIndia, Switzerland agree to expand trade ties; ink migration and mobility pact
  Over 330 Swiss companies are currently operating in India in sectors such as engineering, services, precision instruments, chemicals and pharmaceuticals
  - 41 mins ago 15 Oct 26, 9:54pm -
• newOdisha launches India's first MICE incentive portal to boost business tourism
  MICE tourism involves organised group travel for professional, commercial and networking purposes, including meetings, conferences, exhibitions and incentive trips
  - 43 mins ago 15 Oct 26, 9:52pm -
• newGerman and US scientists win Nobel medicine prize for work on optogenetics
  They made "discoveries concerning light-gated ion channels and optogenetics"
  - 43 mins ago 15 Oct 26, 9:52pm -
• newL&T Finance PAT up 33% on cost-efficiency in Q2FY27
  The gross disbursals increased 27 per cent% to ₹24,027 crore on a year-on-year basis but stayed flat sequentially
  - 45 mins ago 15 Oct 26, 9:50pm -
• newCan India’s space startups become the next big investment story? | bl.Explained
  From rockets to space data: Where smart investors should look in India’s space sector.
  - 48 mins ago 15 Oct 26, 9:47pm -
• newTVS Motor's Venu Srinivasan says EVs not sole answer to cutting emissions
  Srinivasan says electric vehicles should be allowed to grow organically, with consumer choice playing an important role
  - 48 mins ago 15 Oct 26, 9:47pm -
• newWest Bengal to get four new airports in next two years: K Rammohan Naidu
  The airports will come up at Charra, Kalaikunda, Balurghat and Hasimara as the Centre expands air connectivity under UDAN
  - 50 mins ago 15 Oct 26, 9:45pm -
• newAndhra CM Naidu, deputy launch ₹30,000 crore Jal Jeevan Mission 2.0 works
  Since the coalition government assumed office, tap water connections have been provided to 7.44 lakh families in 4,933 habitations across the state
  - 50 mins ago 15 Oct 26, 9:45pm -
• newIndian pharma sector poised to move from generics to innovation-led growth: Industry leaders
  Indian pharma leaders say India can become an innovation-led powerhouse, urging sustained R&D, regulatory reforms, and ecosystem building for global launches
  - 50 mins ago 15 Oct 26, 9:45pm -
• newBlack Opal Consultants IPO: Subscribed 69 times so far
  The IPO was offered in a price band of ₹185 to ₹197 per equity share, with a lot size of 600 equity shares
  - 53 mins ago 15 Oct 26, 9:42pm -
• newIndia's economy strong; energy security, jobs key to lasting growth: Tata Sons' Chandrasekaran
  Chandrasekaran said India's growth is being driven by strong domestic demand, services exports and an enabling policy environment from the government, and observed that it is fair to say the indicators are strong
  - 53 mins ago 15 Oct 26, 9:42pm -
• newIndia-EU trade deal to boost exports, jobs in labour-intensive sectors: Sitharaman
  India has opened 92.5 per cent of tariff lines and around 97 per cent of tariff value under the agreement.
  - 53 mins ago 15 Oct 26, 9:42pm -
• newLetters to the Editor dated October 15, 2026
  - 53 mins ago 15 Oct 26, 9:42pm -
• newEditorial. A fair deal
  IDBI Bank sale to foreign owner is a significant move
  - 54 mins ago 15 Oct 26, 9:41pm -
• newConstructive ongoing dialogues between BARC, IBDF and the Government for BARC ratings: Gaurav Banerjee
  Looking at the industry at large, Banerjee stressed focus on IP building and talent discovery as clear priorities across television, digital, gaming, animation
  - 56 mins ago 15 Oct 26, 9:39pm -
• newUCIL to contribute significantly to India's nuclear energy expansion plan: Official
  UCIL, at its Jaduguda event, pledges leadership in India’s nuclear energy expansion, highlighting safety, innovation, and new facilities development
  - 56 mins ago 15 Oct 26, 9:39pm -
• newBPCL plans $3 billion bond sale to fund Brazil offshore oil project
  India’s second-biggest state-owned refiner plans several funding tranches as it expands overseas energy investments and seeks to diversify supply
  - 56 mins ago 15 Oct 26, 9:39pm -
• newZee 5 launches short-video vertical to sample platform content
  The initiative focuses on how users discover and engage with shows, using short-form content as an entry point to deeper viewing
  - 59 mins ago 15 Oct 26, 9:36pm -
• newBharat Forge secures contract from Pratt & Whitney Canada for aerospace engine components
  The components will be manufactured at Bharat Forge's aerospace facility in India
  - 59 mins ago 15 Oct 26, 9:36pm -
• newJapan-based Sumitomo Corporation to pick 49% stake in HFE project SPV
  The Special Purpose Vehicle (SPV) of Hero Future Energies (HFE) is developing a project of an approximately 500 MWp wind and solar power plant with a large-scale battery energy storage at Bidar, Karnataka
  - 59 mins ago 15 Oct 26, 9:36pm -
• newSC holds conversion does not automatically grant quota benefits
  A Bench held that a member of a Backward Hindu community does not automatically become a member of a notified Backward Muslim community merely by going through the act of conversion
  - 1 hour ago 15 Oct 26, 9:35pm -
• newMukesh Ambani’s Jio Platforms plans $3.8 billion IPO on October 21
  Proceeds from the offering will largely repay debt owed by Jio’s telecoms division, while the company also operates AI, cloud and enterprise businesses
  - 1 hour ago 15 Oct 26, 9:33pm -
• newCrude oil futures fall on weak global cues
  On the Multi Commodity Exchange, crude oil futures for October delivery slipped by ₹256, or 2.87%, to ₹8,660 per barrel in a business turnover of 12,220 lots
  - 1 hour ago 15 Oct 26, 9:33pm -
• newGold slips nearly 1% to ₹1.49 lakh/10g as firm dollar keeps lid on bullion recovery
  On the Multi Commodity Exchange (MCX), the yellow metal for December delivery fell ₹1,020, or nearly 1%, to ₹1,49,370 per 10 grams
  - 1 hour ago 15 Oct 26, 9:33pm -

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

• 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.
  - 31 mins 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.
  - 1 hour 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.
  - 2 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. 
  - 3 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.
  - 4 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.
  - 4 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.
  - 4 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. 
  - 4 hours ago 15 Oct 26, 6:33pm -
• new‘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.
  - 5 hours ago 15 Oct 26, 5:30pm -
• newAkash 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.
  - 6 hours ago 15 Oct 26, 4:54pm -
• newUday 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.
  - 6 hours ago 15 Oct 26, 4:11pm -
• newAir 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.
  - 6 hours ago 15 Oct 26, 4:06pm -
• newLightbox 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.
  - 7 hours ago 15 Oct 26, 3:55pm -
• newMarketing 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.
  - 7 hours ago 15 Oct 26, 3:31pm -
• newTSMC 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.
  - 8 hours ago 15 Oct 26, 2:33pm -

• newSupreme 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.
  - 8 hours ago 15 Oct 26, 2:11pm -
• newNestlé India shares crash over 8% as commodity costs loom
  Broad-based growth across products and channels helped Nestlé India record 36% rise in profit and 20.3% jump in sales in the  September quarter 
  - 9 hours ago 15 Oct 26, 1:53pm -
• newBengaluru beats Mumbai, Delhi as India’s top hub for young entrepreneurs: Hurun U35 List
  Beyond company headquarters, Bengaluru emerged as the primary city of residence for young business builders, according to the Hurun India U35 List 2026.
  - 11 hours ago 15 Oct 26, 11:17am -
• newFrom free data to a ₹10 lakh crore IPO: How Jio rewrote India's telecom playbook
  Reliance Jio’s upcoming IPO marks a new chapter in its decade-long journey. Explore how cheap data, 5G and AI helped reshape India’s telecom industry.
  - 13 hours ago 15 Oct 26, 9:36am -
• newNo more free passes: 93% of Indian firms now vet freelancers as identity scams spill into gig work
  Indian employers are no longer just concerned with verifying basic educational degrees or past employment dates; protecting brand reputation has emerged as the primary driver for background checks, according to the report.
  - 14 hours ago 15 Oct 26, 9:05am -
• newInfosys says 80,000 employees use AI coding tools. Why is it still hiring 20,000 graduates?
  Infosys' chief executive and managing director Salil Parekh expects AI services to account for almost half of the company’s work within two to three years.
  - 14 hours ago 15 Oct 26, 8:46am -
• newWill NVIDIA supply chips to develop unsafe AI? CEO Jensen Huang plays it safe: ‘It’s hypothetical, but…’
  NVIDIA CEO Jensen Huang argues AI can be controlled, calls for better monitoring tools and backs UK safety research.
  - 14 hours ago 15 Oct 26, 8:46am -
• newIDBI Bank stake sale to Fairfax: Are IIFL Finance and Shriram Finance next for foreign investment? What we know
  Fairfax Financial’s ₹52,878 crore acquisition of a 60.72% stake in IDBI Bank could signal more foreign investment in India’s financial services sector. Blackstone is exploring a stake in IIFL Finance, while Japan’s MUFG is studying options to gain majority control of Shriram Finance.
  - 14 hours ago 15 Oct 26, 8:15am -
• newAnthropic says it is profitable: What Claude-maker's Q3 revenue of $16.8 Billion does and does not show
  Anthropic told investors it made $16.8 billion in Q3 and turned an adjusted profit ahead of a record IPO. Here is what the figures reveal, and what they leave out.
  - 15 hours ago 15 Oct 26, 7:45am -
• newHillhouse launches data centre platform TeraNova DC, may deploy $12-15 bn in India by 2032
  The aim is to build a platform that helps customers turn their growth plans into operational capacity with speed, reliability and confidence, TeraNova DC CEO Sanjay Bhutani said
  - 17 hours ago 15 Oct 26, 6:01am -
• newKelly Clarkson and a Brooklyn store clashed on social media. Behind it, power dynamics loomed
  Kelly Clarkson and a Brooklyn store clashed on social media. Behind it, power dynamics loomed
  - 22 hours ago 15 Oct 26, 1:01am -
• newFormer portfolio manager sues Fidelity after leaving for Michael Dells family office
  USA-STOCKS/SUIT:Former portfolio manager sues Fidelity after leaving for Michael Dell's family office
  - 22 hours ago 15 Oct 26, 12:27am -
• newGoldman Sachs Leads Rivals in Third-Quarter Share Sale Revenue
  Goldman Sachs Group Inc. topped its four biggest US equity underwriting rivals in the third quarter, with only Morgan Stanley reporting a decline in fees compared to last year.
  - 22 hours ago 15 Oct 26, 12:10am -
• newHyundai plans ₹4,000 crore investment in Maharashtra, aims to double Pune plant capacity by 2030
  Hyundai Motor India will invest an additional ₹4,000 crore in Maharashtra by 2030, gradually expanding its Pune plant’s annual capacity from 1.7 lakh to 3.2 lakh vehicles.
  - 23 hours ago 14 Oct 26, 11:47pm -
• newKumar Mangalam Birla eyes $30 billion investment amid global uncertainties: ‘You either grow or you go down’
  Kumar Mangalam Birla plans to invest up to $30 billion across the Aditya Birla Group’s businesses over next two to three years, adding about increased spending in the United States. The Aditya Birla Group has operations in 41 countries, reported revenue of $72 billion in financial year ended March.
  - 24 hours ago 14 Oct 26, 11:05pm -
• newTata Play takes its channel bundle beyond the set-top box
  Tata Play has launched Tata Play Smart with over 500 television channels as smart television moves beyond urban homes.
  - 24 hours ago 14 Oct 26, 11:00pm -
• newGetty Images to go private, planning 'prepackaged' bankruptcy amid $2.1 billion debt- Here's what we know
  Getty Images on Monday said that it has reached an agreement with major lenders to restructure its debt. As of June 30, the company has reported a total debt of $2.1 billion.
  - 24 hours ago 14 Oct 26, 10:55pm -
• US bank earnings: How did Morgan Stanley and Bank of America perform in Q3?
  Equity trading boosts Morgan Stanley’s Q3 earnings, while Bank of America’s revenues were hit by $1.2 billion regulatory penalties
  - 1 day ago 14 Oct 26, 10:35pm -
• Accenture lays out three-year plan to approach $100 billion revenue despite macro drag
  CEO Julie Sweet said the company plans to harness tech modernization, mid-market expansion, and an $8-billion M&A budget to drive long-term growth.
  - 1 day ago 14 Oct 26, 9:35pm -
• Reliance enters ready-to-drink dairy category with flavoured Milk at ₹20, to compete with Amul, ITC, Mother Diary
  Reliance Consumer Products launched flavoured milk, Joyland, available in three variants, vanilla, strawberry and pistachio, in Tamil Nadu. It marks their entry into the ready-to-drink dairy beverage sector after the soft-drink market.
  - 1 day ago 14 Oct 26, 9:02pm -

Live Mint - Opinion

• newCrunched 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.
  - 7 hours ago 15 Oct 26, 4:00pm -
• newChildren 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.
  - 8 hours ago 15 Oct 26, 3:00pm -
• newDani 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.
  - 9 hours ago 15 Oct 26, 2:01pm -
• newIndia'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.
  - 10 hours ago 15 Oct 26, 12:30pm -
• newHimanshu: 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.
  - 11 hours ago 15 Oct 26, 12:00pm -
• newAdobe, 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.
  - 15 hours ago 15 Oct 26, 7:30am -
• newMint 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.
  - 16 hours 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.
  - 1 day 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.
  - 1 day 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.
  - 1 day 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.
  - 1 day 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.
  - 1 day 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.
  - 1 day 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.
  - 1 day 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.
  - 2 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.
  - 2 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.
  - 2 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.
  - 2 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.
  - 2 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.
  - 3 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.
  - 3 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.
  - 3 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.
  - 3 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.
  - 3 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.
  - 3 days ago 12 Oct 26, 12:00pm -
• Good 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.
  - 4 days ago 12 Oct 26, 7:30am -
• Mint 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.
  - 4 days ago 12 Oct 26, 7:00am -
• Rahul 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.
  - 4 days 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.
  - 4 days ago 11 Oct 26, 4:00pm -