BUSINESS
Stocks to Watch Today: Tech Mahindra, Persistent Systems, Thyrocare, Keystone Realtors, Mishra Dhatu, GR Infra, Saatvik Green Energy in focus on 15 October
Stocks to watch, 15 October: Stocks like Tech Mahindra, Persistent Systems, ICICI Lombard General Insurance Company, Cyient DLM, Thyrocare Technologies, Kolte-Patil Developers, Sula Vineyards, Ashiana Housing, Keystone Realtors, Saatvik Green Energy, Mishra Dhatu Nigam, G R Infraprojects, and Hyundai Motor India will be in focus on October 15.
PODCAST
Google’s $15 bn AI hub in Vizag, Govt’s quick-commerce price watch and Lenskart’s $10 bn IPO buzz | MC tech3
In today’s Tech3 from Moneycontrol, get the latest from India’s tech and startup world. Google plans a $15 billion AI hub in Visakhapatnam, creating over one lakh jobs and strengthening India’s AI infrastructure. The government is tracking GST price cuts in real-time using quick-commerce platforms, ensuring festive savings reach shoppers. Meanwhile, Lenskart’s grey market valuation hits $10 billion ahead of its IPO, and BHIM reports revenue and expenditure figures after its spin-off from NPCI.
INDIA
After Kiran Mazumdar-Shaw criticises city’s infra, DK Shivakumar says, 'Instead of tearing Bengaluru down, let’s build it up'
Biocon founder Kiran Mazumdar-Shaw’s tweet on Bengaluru’s infrastructure, recounting an overseas visitor’s comments during a visit to Biocon Park, has gone viral. Responding, deputy CM DK Shivakumar said the East Corporation will retain Rs 1,673 crore of its revenues to directly improve infrastructure across 50 wards, benefiting key IT corridors.
BUSINESS
Midwest IPO: Nine investors acquire Rs 135 crore worth shares via anchor book ahead of issue opening
Midwest IPO | The company approached capital markets to raise Rs 451 crore through initial public offering (IPO), which comprises fresh issuance of shares worth Rs 250 crore and an offer-for-sale of Rs 201 crore worth shares by promoters.
MARKETS
Sebi bans Nirman Agri Genetics for IPO fund diversion; alleges 93% fund diverted, halts corporate actions
Sebi initiated the examination as part of a broader review of IPOs handled by merchant banker First Overseas between May 2022 and April 2025, following irregularities found in the IPO of Synoptics Technologies Ltd. NAGL’s IPO is one of the issues scrutinised during this probe.
BUSINESS
Havells family office-backed QRG Investments offloads 3.36% stake in Awfis Space Solutions for Rs 141 crore
QRG has gradually been reducing its shareholding in Awfis. Considering today's transaction, its shareholding dropped below 1 percent at 0.75 percent.
INDIA
Karnataka transport minister opposes private buses in Bengaluru, says they prioritise profit over public service
Karnataka transport minister Ramalinga Reddy on October 14 said BMTC, with 7,067 buses including 1,799 electric buses, has a daily ridership of 48 lakh.
BUSINESS
FIIs net sold shares worth Rs 1,509 crore, DIIs net bought Rs 3,661 crore on October 14
DIIs purchased shares worth Rs 16,385 crore and sold shares worth Rs 12,723 crore. In contrast, FIIs bought shares worth Rs 10,848 crore but sold shares totalling Rs 12,356 crore.
TRENDS
'Ruined lives of millions': Justin Trudeau, Katy Perry tight-lipped after backlash due to PDA
Social media users were quick to weigh in, with criticism largely tied to Trudeau’s political legacy and personal controversies especially after his separation from ex-wife Sophie Grégoire Trudeau in August 2023. They were married for 18 years and have three kids.
BUSINESS
SK Minerals IPO closes with 3.35 times subscription; Shlokka Dyes, Sihora Industries public issues sail through on final day
All the three companies - SK Minerals, Shlokka Dyes, and Sihora Industries - will finalise their IPO share allotment by October 15, while their shares will be available for trading on the bourses effective October 17.
BUSINESS
Foxconn, Kia, Cognizant and more: Hyderabad and Andhra’s industrial boom under Chandrababu Naidu
TECHNOLOGY
Varun Mayya's Aeos Games plans to launch its debut title Unleash the Avatar in 2026
The Bengaluru-based, bootstrapped gaming studio founded by Varun Mayya and Rohan Mayya plans to release the game on PC as a one-time purchase while also exploring other platforms, including gaming consoles.
BUSINESS
Tech Mahindra Q2 results: Net profit falls 4.5% to Rs 1,195 crore; IT firm declares Rs 15 interim dividend
Tech Mahindra Q2 results: Revenue from operations rises 5% to Rs 13,995 crore
INDIA
Bengaluru's Outer Ring Road comes to a halt after BMTC bus breakdown
At 4:43 pm, Bengaluru Traffic Police issued an advisory on X stating that a vehicle breakdown near Ecospace Junction towards Marathahalli had caused slow-moving traffic at Kadubeesanahalli, Devarabisanahalli, and Bellandur.
TRENDS
Woman discovers husband’s 16-year affair after mistress shows up at father-in-law’s funeral
After the wife took the matter to the court, the man was sentenced to a year in prison. Under Chinese law, bigamy is considered a violation of marital integrity and can result in up to two years of imprisonment.
BUSINESS
Aeroplane Basmati maker receives SEBI approval for Rs 550-crore IPO
Amir Chand Jagdish Kumar Exports, which markets rice products under the flagship brand Aeroplane. proposed to raise Rs 550 crore via initial public offering (IPO), consisting of entirely fresh issue component.
BUSINESS
Oyo’s Ritesh Agarwal, Isha Ambani, BlissClub’s Minu Margaret and others feature in Hurun India’s Under 35 top entrepreneurs list
Nearly 76% of the entrepreneurs featuring on the list are first generation founders.
INDIA
'Op Sindoor did not happen overnight': DGMO Lt Gen Rajiv Ghai on how J&K became hotbed of terror strikes
Ghai says India, a key UN peacekeeping contributor, applied its experience in modern conflict during Operation Sindoor, addressing evolving threats and terrorism.
BUSINESS
Canara Robeco AMC IPO allotment date today: How to check status on registrar, BSE and NSE; check latest GMP
Canara Robeco AMC shares will be listed on both NSE and BSE on October 16, following a 9.74 times subscription to the issue.
AUTOMOBILE
Most powerful Mini ever, JCW Countryman All4, launched in India at Rs 64.90 lakh
The Mini John Cooper Works Countryman All4 can accelerate from 0-100kmph in 5.4 seconds and reach a top speed of 250kmph.
BUSINESS
Blue-collar workers in higher demand, squeezing wage gap with office jobs: Prashant Jain
“The demand for blue-collar workers has grown, while the supply has not kept pace. So, in a way, blue-collar wages have accelerated toward white-collar wages,” he added. “You can view it as a positive development—more people are being educated and employed, but it also highlights the need for better job creation in skilled sectors.”
BUSINESS
RBL Bank denies report claiming Emirates NBD looking to buy Rs 15,000-crore majority stake in private lender
RBL Bank share price: The shares of the Indian private lender erased most of its early gains to close around 1% higher after the clarification was issued.
BUSINESS
Wall Street futures slide up to 1.2% as China hits back at the US; Bitcoin down 3%
Bitcoin slipped 3 percent in global trading as risk appetite waned amid heightened geopolitical and trade concerns.
TECHNOLOGY
Google to invest $15 billion in AI hub at Visakhapatnam, its largest India bet yet
The tech giant’s new AI hub in Andhra Pradesh is estimated to create over 1 lakh jobs, boost AI infrastructure, and strengthen Indo-US digital cooperation.
