INDIA
‘NDA has gained a massive lead’: PM Modi reacts to record turnout of 64.66% in phase 1 of Bihar polls
Before this, the highest figure for an Assembly election in Bihar was 62.57 per cent in 2000. For Lok Sabha elections, the state's highest voter turnout was 64.6 per cent in 1998.
BUSINESS
Infosys sets November 14 as record date for Rs 18,000 crore share buyback
The buyback represents up to 2.41% of Infosys’ total paid-up equity share capital, and will be funded entirely by public shareholders’ participation.
MARKETS
SEBI proposes overhaul of certification of associated person framework
SEBI now proposes to remove the exemption for 'Principal Individuals ' category structure entirely and replace it by a new single combined criterion, minimum age 50 plus minimum 10 years of relevant domain experience as on date of examination / CPE.
BUSINESS
Accel picks up stake in Rapido as TVS Motor Company sells its shares
Moneycontrol was first to report on September 24 that Accel was in talks to invest in Rapido along with Prosus.
INDIA
Karnataka cabinet approves Rs 518 crore start-up policy 2025-2030 to help create 25k AI, blockchain ventures
The policy’s strategic support areas include funding, incubation, infrastructure, investment opportunities, mentorship, acceleration, R&D, and industry collaboration.
INDIA
Monkeys sneak into Bengaluru airport’s swanky terminal 2, rescued
BIAL sources told Moneycontrol the monkeys reportedly entered terminal 2 searching for food but did not harm any passengers or staff.
MARKETS
SEBI to rationalise offer document summary further, says Tuhin Kanta Pandey
SEBI will further rationalise IPO offer document summaries, streamline pledging related lock-in and push retail participation in corporate bonds and commodities. At the same time, SEBI is tightening market integrity, with stronger cyber resilience, AI-driven surveillance, secure UPI pathways and cleaner social media environment.
INDIA
Tej Pratap Yadav says ‘options are open’ after Bihar polls, calls people of Mahua his ‘only family’
When asked whether the contest in Mahua was personal or political, he replied, “We do not fight with anyone. We do not fight with anyone who is a devotee of Krishna or Mahadev. This is not in our nature.”
BUSINESS
Smartworks Q2 FY26 revenue rises 21% YoY; losses narrow 81% as enterprise demand surges
Smartworks also reported that its net loss narrowed by 81% year-on-year, indicating improving profitability and operational leverage as its mature centres continue to deliver stronger margins.
BUSINESS
M&M exits RBL Bank for Rs 678 crore, Tiger Global sells entire stake in Ather Energy
Global investors like Abu Dhabi Investment Authority, Citigroup, Societe Generale, Goldman Sachs, and Morgan Stanley as well as domestic institutional investors like HSBC MF, Kotak Mahindra MF, SBI MF, HDFC Life, and Aditya Birla Sun Life AMC were buyers for the 3.45 percent stake in RBL Bank.
PODCAST
How homegrown Maya Research beat Google in speech AI; Freshworks Q3 revenue up, Ola Electric Q2 loss narrows and CaratLane founder Mithun Sacheti defends Lenskart valuation | MC Tech3
In today’s Tech3 from Moneycontrol, Groww’s IPO sees strong retail frenzy while PhysicsWallah sets its price band ahead of its Rs 3,480-crore issue. We decode how two 23-year-olds from Bengaluru built a voice AI model that outperformed Google’s. Plus, Freshworks’ Q3 revenue rises 15 percent, Ola Electric narrows losses but sees weaker sales, and CaratLane founder Mithun Sacheti weighs in on Lenskart’s IPO valuation. Also, Shiv Nadar tops the 2025 EdelGive–Hurun Philanthropy List.
MARKETS
Former SEBI Chairman M Damodaran led Excellence Enablers launches Pan-India Directors Community
The move is aimed at strengthening boardroom standards and modern governance practices. The move is expected to bring together independent and non-independent directors and professionals under one platform.
INDIA
Ernakulam-Bengaluru eight-car Vande Bharat inaugural run on November 8
Prime Minister Narendra Modi to visit Varanasi and flag off four Vande Bharat Express services on November 8
MARKETS
FIIs net sell Indian equities worth Rs 3263 crore while DIIs net buy Rs 5284 crore
For the year so far, FIIs have been net sellers of shares worth Rs 2.47 lakh crore, while DIIs have net bought shares worth Rs 6.38 lakh crore.
INDIA
Asaram Bapu granted 6-month bail on medical grounds
The Rajasthan High Court had previously taken note of Asaram’s deteriorating health condition.
INDIA
Brazilian photographer deletes Instagram account after Rahul Gandhi’s Haryana Poll allegations
Matheus Ferrero, based in Belo Horizonte, Brazil, had taken a photograph of a woman in 2017 and shared it online with her consent.
MARKETS
SEBI intensifies efforts to combat online investment scams; seeks stronger action from social media platforms
SEBI said that this reinforcement of responsibility at the platform level will be a critical layer in addressing the rapid growth of mis-selling, misinformation, pump & dump activity, illegal profit-sharing schemes.
BUSINESS
Studds Accessories shares may see up to 10% listing gain on Friday; experts recommend post-listing strategy
Studds Accessories shares will be listed on both the National Stock Exchange (NSE) and the BSE on November 7
INDIA
Bengaluru’s Inner Ring Metro yet to get green signal from Karnataka govt, says BMRCL to Tejasvi Surya
Bengaluru South MP Tejasvi Surya recently met Bangalore Metro Rail Corporation Limited (BMRCL) officials to review the progress of Metro projects in the city.
BUSINESS
Bharti Airtel block deal likely as Singtel may sell 0.8% stake for Rs 10,300 crore: CNBC-TV18
Floor price for the deal has been fixed at Rs 2,030 per share, which implies a 3.5% discount to current market price
BUSINESS
Q2 Results impact: Redington shares surge 15% after net profit jumps 32% to Rs 388 crore, Indian Hotels down 6%
IHCL's revenue from operations meanwhile rose nearly 12% YoY to Rs 2,041 crore.
BUSINESS
America's Burkhan Group to invest Rs 1,500 crore in Karnataka to make AI servers near Bengaluru airport
Karnataka's Minister for Large and Medium Industries MB Patil on November 6 said the company has sought 10-15 acres of land near Devanahalli, which will be provided.
BUSINESS
LIC Q2 Results: Net profit rises 32% to Rs 10,053 crore, net premium income up 5.5%
LIC Q2 Results: Solvency ratio increased to 2.13 percent, from 1.98 percent, while asset quality for policyholders’ funds improved.
INDIA
'Bate the toh kate the': UP CM Yogi Adityanath calls for unity against 'jungle raj' in Bihar
The second phase of the voting will be held on November 11 and the counting of votes will take place on November 14.
