BUSINESS
Prosus picks up additional 5.33% stake in ixigo, increases holding to around 15%
The additional 5% stake costed Prosus around Rs 620-660 crore, taking its total investment in ixigo to around Rs 1,900-2,000 crore. Moneycontrol was first to report about the deal on October 10.
AUTOMOBILE
Hyundai to launch 26 models, bring Genesis brand to India; outlines Rs 45,000 crore plan by FY30
Hyundai is targeting over 15% domestic market share by FY30, with utility vehicles contributing more than 80% of total volumes.
BUSINESS
Hyundai Motor India shares rise 2.5% as carmaker unveils Rs 45,000-crore investment plan, names new CEO
Hyundai Motor India plans to maintain EBITDA margin at 11-14% between FY26-30; carmaker sees revenue rising to Rs 1 lakh crore in FY30 versus Rs 69,200 crore in FY25
BUSINESS
Maran Govindasamy of Unifi Capital Breaks Down the Winners, Losers, and Where to Focus for Alpha
In this special Diwali Blockbuster series, Maran Govindasamy of Unifi Capital explains how different segments of the market are priced based on their past performance, near-term growth, and future risks — and where investors can hunt for value
BUSINESS
LG Electronics India tops big-ticket IPOs with 48% listing surge; best gains among Rs 10,000 crore-plus issues
LG Electronics India's Rs 11,607-crore listing outperformed several of India’s largest public issues in recent years, including Coal India, LIC, Hyundai India, Paytm, and GIC RE.
AUTOMOBILE
Volkswagen, JSW restart talks for new India joint venture
The two groups have held several meetings in recent weeks to explore a partnership.
BUSINESS
HDFC Life, Tata Communications shares jump up to 7% ahead of Q2 results, Axis Bank in red
The three companies are set to release their respective results for the July to September quarter of the ongoing financial year 2026 later today.
BUSINESS
Bharti Airtel partners with IBM to expand cloud services
IBM and Airtel will also establish two new Multizone Regions, or MZRs, in Mumbai and Chennai soon, said Gopal Vittal, vice chairman and managing director of Bharti Airtel
INDIA
Bihar Election 2025 Updates: PM Modi interacts with booth level workers ahead of polls
JD(U) MP Sanjay Kumar Jha had said the party will release its first list of candidates by Wednesday afternoon, followed by the second list in a couple of days
BUSINESS
SME firm Nirman Agri hits 5% lower circuit as SEBI bans firm for alleged IPO fund diversion
SEBI has also directed the company to halt all proposed corporate actions — including a bonus issue, stock split, and a name change to Agriicare Life Corp Ltd — until further orders
AUTOMOBILE
Hyundai Motor India appoints Tarun Garg as MD and CEO
The appointment follows the decision of current MD, Unsoo Kim, to return to South Korea to assume a strategic role at Hyundai Motor Company.
BUSINESS
Q2 Results impact: ICICI Lombard shares jump 8% after net profit rises 18%, Thyrocare rallies 17%
Q2 Results impact: The two companies had released their results for the July-September quarter of the financial year 2026 on October 14.
BUSINESS
Airbound raises $8.65 million to scale low-cost drone logistics, partners with Narayana Health
Founded in 2023 by 20-year-old Naman Pushp, Airbound is developing drones built on a blended-wing-body design capable of both vertical takeoff and fixed-wing flight.
BUSINESS
RBI oversight on cards for EPFO, Post Office Bank as Centre seeks tighter checks after Rs 96-crore fraud: Report
Both the EPFO and POSB manage vast sums of public money — the EPFO oversees around Rs 26 lakh crore for over 30 crore members, while the POSB holds Rs 12.56 lakh crore across 29 crore accounts
BUSINESS
Coinbase invests in CoinDCX at $2.45 billion valuation, doubles down on India, Middle East
Coinbase believes that India and the Middle East are two markets that are poised to play a pivotal role in the future of global crypto adoption.
BUSINESS
PM Modi’s pitch helps India secure CMA CGM’s first-ever $300 million container ship order: Report
The agreement follows CMA CGM’s recent move to reflag four of its container ships under the Indian flag, fulfilling a promise Saadé made to Modi during the Prime Minister’s visit to CMA CGM’s Marseille headquarters on February 12
BUSINESS
Nifty tops 25,200, Sensex edges higher as India-US trade talks lift sentiment
Indian equities opened slightly higher on Wednesday, supported by positive cues from India-US trade talks and broad-based sectoral gains led by Realty and PSU Bank stocks.
BUSINESS
How an LG mix-up sent LG Balakrishnan shares to a 52-week high on Oct 14
As investors scrambled to get an early slice of LG Electronics’ listing gains, a number of them apparently entered the wrong ticker, ending up with LG Balakrishnan shares instead.
BUSINESS
Rupee opens 52 paise up as dollar eases on renewed hopes of US Fed rate cuts
The dollar index, which measures the greenback's against a basket of six major currencies, fell to 98.883 in the morning from the previous close of 99.047
INDIA
Prashant Kishor says he won't contest Bihar election: 'Will continue with party's organisational work'
"The party has decided that I should not contest the assembly polls. And therefore, the party has announced another candidate from Raghopur, against Tejashwi Yadav, says Jan Suraaj chief.
BUSINESS
Nifty Bulls Likely To Tread With Caution With Eye On Axis Bank Q2 Earnings |Opening Bell Live
The Nifty 50 extended its southward journey for the second consecutive session, slipping 0.32% on October 14. Despite the dip, the index remains above key moving averages and the midline of the Bollinger Bands, with momentum indicators still favouring the bulls. Experts suggest that as long as 25,060 and 24,950 support levels hold, consolidation and range-bound trading may continue, but a break below could give the bears the upper hand. Among stocks to watch today, Tech Mahindra reported its numbers, Axis Bank announces earnings, and LG Electronics remains in focus after its blockbuster IPO debut. Catch Nandita Khemka in conversation with Nilesh Jain, Head AVP – Derivative and Technical Research at Centrum Broking. Plus, in our special segment Dhamakedar Diwali Stocks, Siddhartha Khemka, Head of Research – Wealth Management at MOFSL, shares his top three picks for Samvat 2082.
INDIA
Supreme Court allows temporary sale of green firecrackers in Delhi-NCR, can be used from October 18 to 21
The 70-year-old Bhupati is known to be one of the brains behind the extremist movement. Other insurgents who surrendered include two State zonal committee members, 10 divisional committee members and cadres from Maharashtra and Chhattisgarh.
BUSINESS
Nifty, Sensex likely to track positive Asian cues, open with gains; key levels to watch on October 15
Analysts noted that the markets may remain range-bound, with global trends, FII flows, and Q2FY26 earnings likely to guide near-term direction.
ASSEMBLY-ELECTION
Don't just want sons of politicians: Young Congress leaders express dissatisfaction after CEC meet over Bihar polls
The Congress is expected to contest around 58-60 seats but there are differences over five seats with the RJD. Vikassheel Insaan Party leader Mukesh Sahani, who began negotiations demanding 35 seats, has now agreed to 25 seats.
