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Moneycontrol News

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Bengaluru suburban rail: After L&T’s exit, K-RIDE floats fresh civil work tenders for Benniganahalli-Chikkabanawara corridor

INDIA

Bengaluru suburban rail: After L&T’s exit, K-RIDE floats fresh civil work tenders for Benniganahalli-Chikkabanawara corridor

K-RIDE (Rail Infrastructure Development Company [Karnataka] Limited), a joint venture of the Karnataka government and Union Ministry of Railways executing Bengaluru suburban rail project, has invited fresh tenders for Mallige Line (Benniganahalli to Chikkabanawara) in three packages.

2025 Hyundai Venue launched in India at Rs 7.90 lakh, N Line price awaited

AUTOMOBILE

2025 Hyundai Venue launched in India at Rs 7.90 lakh, N Line price awaited

Hyundai has launched the new-generation Venue at Rs 7.90 lakh (ex-showroom), with price revealed for select petrol variants. The Venue N Line price will be announced later.

Mahindra & Mahindra Q2 results: Net profit rises 18% to Rs 4,521 crore on strong SUV sales

BUSINESS

Mahindra & Mahindra Q2 results: Net profit rises 18% to Rs 4,521 crore on strong SUV sales

Mahindra & Mahindra Q2 results: Revenue up 21% at Rs 35,080 crore

SBI Q2 net profit rises 10% YoY to Rs 20,160 crore on Yes Bank stake sale gains; NII up 3.3%

BUSINESS

SBI Q2 net profit rises 10% YoY to Rs 20,160 crore on Yes Bank stake sale gains; NII up 3.3%

State Bank of India Q2 FY26 results: Proceeds from the sale of Yes Bank stake help net profit rise 10% year-on-year; asset quality improves.

MCX incident not ideal, further action will be on basis of final analysis: SEBI chief Tuhin Kanta Pandey

BUSINESS

MCX incident not ideal, further action will be on basis of final analysis: SEBI chief Tuhin Kanta Pandey

Pandey explained that MIIs have an established standard operating procedure (SOP) as per SEBI regulation

Amit Shah promises free health cover in Bihar if NDA retains power: ‘People from Mithila, Koshi need not go to Patna, Delhi for treatment’

INDIA

Amit Shah promises free health cover in Bihar if NDA retains power: ‘People from Mithila, Koshi need not go to Patna, Delhi for treatment’

During his address in Bihar’s Darbhanga on Tuesday, Amit Shah urged the people to press the EVM button with the BJP’s poll symbol lotus to prevent the return of “jungle raj” in the state

Adani Ports and SEZ Q2 net profit rises 29% YoY to Rs 3,120 crore; revenue up 30%

BUSINESS

Adani Ports and SEZ Q2 net profit rises 29% YoY to Rs 3,120 crore; revenue up 30%

Adani Ports and Special Economic Zone Ltd Q2 FY26 results: Net profit, revenue from operations see healthy growth.

Lenskart IPO subscribed 28x on final day of bidding; GMP rises marginally

BUSINESS

Lenskart IPO subscribed 28x on final day of bidding; GMP rises marginally

Lenskart IPO shares will make its debut on the stock exchanges on November 10, while the allotment is expected by November 6.

Tata Sierra returns with bold, modern design, launch on November 25

AUTOMOBILE

Tata Sierra returns with bold, modern design, launch on November 25

Tata Sierra launch in India: The new Sierra will add to Tata's strong SUV portfolio, which also includes the Punch, Nexon, Curvv, Harrier and Safari.

IndiGo, SBI, Paytm to report Q2 results today: Here's what analysts expect

BUSINESS

IndiGo, SBI, Paytm to report Q2 results today: Here's what analysts expect

IndiGo is set for higher Q2 earnings, paytm likely to post second straight quarterly profit, analysts say; SBI's Q2 net profit, NII likely to slip as margins narrow and treasury gains ease, shows MC poll

Fitch upgrades outlook on Adani Energy Solutions, Adani Ports to 'Stable'; ratings affirmed at BBB-

BUSINESS

Fitch upgrades outlook on Adani Energy Solutions, Adani Ports to 'Stable'; ratings affirmed at BBB-

Fitch said the rating outlook upgrade on Adani group firms reflects reduced contagion risk and continued access to diversified funding sources despite a US indictment in November 2024, and owing to the SEBI clearance following the Hindenburg report.

Centre wants to avoid my bench, says CJI Gavai after govt seeks larger constitution bench

INDIA

Centre wants to avoid my bench, says CJI Gavai after govt seeks larger constitution bench

A bench comprising Chief Justice B R Gavai and Justice K Viond Chandran, which has already heard final arguments on behalf of petitioners, was irked over the fact that the Centre now wanted the matter to be referred to a five-judge bench.

Over Rs 100 cr worth of cash, drugs, liquor seized as Bihar elections, Assembly bypolls approach

INDIA

Over Rs 100 cr worth of cash, drugs, liquor seized as Bihar elections, Assembly bypolls approach

As many as 824 flying squads have been deployed across Bihar to ensure that the complaints reported on C-VIGIL are attended to within 100 minutes

MobiKwik Q2 net loss widens to Rs 28.6 crore, revenue down 7%

STARTUP

MobiKwik Q2 net loss widens to Rs 28.6 crore, revenue down 7%

MobiKwik said its bottom line was affected by a one-time exceptional charge of Rs 11.8 crore, booked as a provision for a fraud incident of Rs 40.4 crore involving merchants in Haryana’s Nuh and Mewat districts. The charge did not impact revenue but reduced quarterly profit.

Financial intermediaries must ensure clean, auditable books: SEBI chief

BUSINESS

Financial intermediaries must ensure clean, auditable books: SEBI chief

Real differentiator for market institutions will not be how they comply with regulations, but how meaningfully they internalise them, says Tuhin Kanta Pandey

Bank Holiday today on November 5: Banks to remain shut on Guru Nanak Jayanti/Kartika Purnima in these cities - Check full RBI list

BUSINESS

Bank Holiday today on November 5: Banks to remain shut on Guru Nanak Jayanti/Kartika Purnima in these cities - Check full RBI list

Bank Holiday on November 5: The holiday calendar published by the Reserve Bank of India at the beginning of the year is the primary source of all bank closure schedule in the country.

News18 India to launch ‘Viral Baat Raunac ke Saath’ with RJ Raunac

INDIA

News18 India to launch ‘Viral Baat Raunac ke Saath’ with RJ Raunac

Starting this week, the show will air every Thursday and Friday, featuring digital explainers, viral topics, social trends, and national issues

Cognizant to rollout Claude LLM to 3.5 lakh employees in expanded partnership with Anthropic

BUSINESS

Cognizant to rollout Claude LLM to 3.5 lakh employees in expanded partnership with Anthropic

The move is intended to help enterprises shift from AI pilots to scaled deployments. This is expected to help enterprises integrate AI with existing systems without requiring major architectural overhauls, Cognizant added.

IBBI plans protection for performing realty projects in boost for homebuyers: Report

BUSINESS

IBBI plans protection for performing realty projects in boost for homebuyers: Report

As of now, the resolution process is undertaken at the level of companies and covers all the projects, stressed or non-stressed

EC rolls out SIR 2.0 in 12 states, UTs targeting 51 crore voters

INDIA

EC rolls out SIR 2.0 in 12 states, UTs targeting 51 crore voters

The move comes just two days ahead of the first phase of Assembly election in Bihar, where a similar revision exercise was recently conducted

Suzlon Energy Q2 net profit surges 6.4x YoY to Rs 1,279 crore on deferred tax gains, record deliveries

BUSINESS

Suzlon Energy Q2 net profit surges 6.4x YoY to Rs 1,279 crore on deferred tax gains, record deliveries

Suzlon Energy recognised incremental deferred tax assets of Rs 717 crore during the quarter, leading to a consolidated net profit of Rs 1,279 crore for Q2 FY26.

Groww's Rs 6,632 Cr IPO Opens For Subscription | Management On Future Path | IPO Watch Live

BUSINESS

Groww's Rs 6,632 Cr IPO Opens For Subscription | Management On Future Path | IPO Watch Live

The initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of fintech platform Groww, opens for subscription today. The Rs 6,632 crore issue is priced in the range of Rs 95-100 per share. Ahead of the launch, Groww raised Rs 2,984 crore by allotting 29.84 crore equity shares to over 100 anchor investors at Rs 100 per share. The anchor book saw strong participation from marquee names such as HDFC MF, Government of Singapore, Kotak MF, Government Pension Fund Global, SBI MF, Abu Dhabi Investment Authority, Goldman Sachs, Axis MF, Aditya Birla Sun Life MF, Motilal Oswal MF, Mirae Asset MF, Tata MF, Amundi Funds, Societe Generale, ICICI Prudential MF, MIT, Malabar India Fund, Sundaram MF, Morgan Stanley, Trust MF, and Abakkus Flexi Edge Fund-I. Catch Nandita Khemka in conversation with Ishan Bansal, Whole-Time Director & CFO, Billionbrains Garage Ventures, as he outlines the company’s post-IPO roadmap and the next phase of growth.

Entrepreneurial mindset the missing piece in taking deep tech from lab to market, says IIT Madras

TECHNOLOGY

Entrepreneurial mindset the missing piece in taking deep tech from lab to market, says IIT Madras

Deep tech ventures in India face two major gaps - proving that the technology works outside the lab, and then scaling it into a viable business.

Hero MotoCorp falls 4%, becomes top loser on Nifty auto index as October sales drop

BUSINESS

Hero MotoCorp falls 4%, becomes top loser on Nifty auto index as October sales drop

Morgan Stanley said its volume estimates for Hero MotoCorp imply 16% YoY growth for rest of FY26

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