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.
TRENDS
Sand artist Sudarsan Pattnaik trolled over his sculpture to celebrate women’s World Cup win
While the Odisha-based artist's previous works have often gone viral for their scale and symbolism, the World Cup tribute appears to have missed the mark for many viewers.
INDIA
Guru Nanak's role in Ram Mandir verdict: Decoding the connection of Sikhs with Ayodhya
The apex court says records contain a description of Guru Nanak's in Ayodhya, where he had visited birthplace of Lord Ram. The evidence that helped strengthen the Hindu side’s claim to the disputed site was the visit by Guru Nanak Dev in 1510-11 AD.
MUTUAL-FUNDS
Industry leaders decode SEBI’s SIF Revolution at Moneycontrol Mutual Fund Summit 2025
Industry leaders agreed that the introduction of Specialised Investment Fund marks a turning point for the mutual fund industry.
BUSINESS
GIFT City: Powering India’s Global Investment Story at the Moneycontrol Mutual Fund Summit 2025
The Bengaluru edition of the Moneycontrol Mutual Fund Summit 2025 clearly showed that GIFT City is not just a financial centre, but a key driver in shaping India's future in global investments.
BUSINESS
This smallcap hits 5% upper circuit post strong Q2 results, declares dividend
The company has also fixed November 12, 2025 as the record date for determining the shareholders eligible for the interim dividend.
BUSINESS
Sensex, Nifty end lower today after choppy trade today, give up morning gains; metals drag, FMCG and IT lend support
Sensex and Nifty gave up early gains today to slip into mild red, as expiry-day volatility and continued foreign fund outflows kept investor sentiment in check.
BUSINESS
Nifty Stays Below 25,600 Amid Expiry-Led Volatility; Grasim, Hindalco In Focus| Closing Bell Live
Catch Nandita Khemka and Yatin Mota in conversation with Rakesh Vyas, CIO and Portfolio Manager, Quest Investment Advisors and Kunal Rambhia, Fund Manager, The Streets (Technical)
TRENDS
'Catering mafia of Railways': Passenger beaten up for objecting to paying Rs 20 extra for meal
The North Central Railway issued a statement on X, claiming the video is not recent and is being circulated to mislead the public. 'This is an old video being posted in an attempt to mislead people,' it stated.
