INDIA
Bihar Elections Live: In Siwan, Yogi Adityanath labels Shahabuddin’s son and RJD candidate a 'khandani mafia'
NDA pledges Rs 50 lakh crore investment, seven expressways, and new metros in 4 cities
BUSINESS
Lenskart IPO Day 1 GMP Live: Should you apply or skip? Check GMP, key risks and more
Lenskart will not receive any proceeds from the Offer for Sale
PODCAST
Free Gemini for Jio users, Fed rate cut impact & how pensioners gain with Central pay revisions | MC Editor's Picks
From macroeconomic policy to corporate milestones, in this edition of Moneycontrol Editor’s Picks find analysis on US federal reserve rate cut, a report on buzzing deals in the banking sector, exclusive interviews with Groww’s leadership, Jio’s free access to Gemini Pro AI and how NVIDIA’s milestone market cap has made winners across the globe.
BUSINESS
Stocks to Watch Today: Reliance, BEL, V2 Retail, MTAR, Associated Alcohols, Swiggy, Bandhan Bank, Manappuram, TD Power, United Spirits, Welspun Corp, Lodha in focus on 31 October
Stocks to Watch, 31 October: Stocks like ITC, DLF, Dabur India, Swiggy, Bandhan Bank, United Spirits, TD Power Systems, Manappuram Finance, Gillette India, Welspun Corp, LT Foods, Lodha Developers, Pidilite Industries, Motilal Oswal Financial Services, Datamatics Global Services, Navin Fluorine International, and Reliance Industries will be in focus on October 31.
INDIA
Tarapur Assembly Election 2025: Constituency profile, past winners and party-wise candidates
The main contenders include BJP leader and Bihar Deputy Chief Minister Samrat Choudhary, RJD's Arun Kumar, Jan Suraaj Party’s Santosh Kumar Singh, and Janshakti Janta Dal’s Sukhdev Yadav.
INDIA
Lakhisarai Assembly Election 2025: Constituency profile, past winners and party-wise candidates
Bihar Deputy Chief Minister Vijay Kumar Sinha of the BJP is eyeing a fourth consecutive win from Lakhisarai since first capturing the seat in 2010.
BUSINESS
SoftBank Group, ADIA-backed Lenskart raises Rs 3,268 crore from 147 anchor investors, Rs 7,278-crore IPO to open on October 31
Lenskart Solutions IPO | The Gurugram-based eyewear products company is issuing fresh shares worth Rs 2,150 crore, while promoters and investors will be selling 12.75 crore shares worth Rs 5,128 crore via offer-for-sale route.
INDIA
What about Manoj Tiwari, Ravi Kishan?: Rohini Acharya slams BJP for calling RJD's Khesari Lal Yadav 'nachaniya'
Khesari Lal Yadav, one of the most popular figures in Bhojpuri cinema, joined the RJD recently and is contesting from Chapra.
MARKETS
SEBI bans merchant banker Gretex Corporate Services from taking new Assignments for 21 days
Finding lapses in maintaining net worth and due diligence failures in the Jayant Infratech IPO, SEBI barred the merchant banker for 21 days. The regulator termed the violations substantive, citing weak verification and disclosure practices.
INDIA
Bengaluru to get Rs 2,296-crore infra boost ahead of civic polls; Karnataka Cabinet gives nod
The state cabinet also approved eight new Technology Business Incubators (TBIs) under Karnataka Startup Policy 2022-27 with a total allocation of Rs 80 crore.
BUSINESS
NTPC confident of meeting capacity expansion targets; eyes additional 10.5 GW by FY28
The company said it has clear visibility on commercial operation dates for projects scheduled over the next three years, indicating strong execution momentum.
BUSINESS
FIIs net sell shares worth Rs 3,078 crore, DIIs net buy Rs 2,469 crore on October 30
DIIs purchased shares worth Rs 14,827 crore and sold shares worth Rs 12,357 crore. In contrast, FIIs bought shares worth Rs 9,350 crore but sold shares totalling Rs 12,428 crore.
INDIA
India set to acquire Meteor missiles for Rafale fighter jets to boost air dominance: Report
The Indian Air Force had earlier procured Meteors along with the first batch of 36 Rafales acquired from France in 2016
BUSINESS
Lodha Developers posts 87% growth in Q2 net profit at Rs 790 cr, revenue up 45%
Lodha said that organized branded developers have 'unprecedented opportunity' in the country because of low homeownership, rising household incomes and low mortgage rates along with improving affordability
PODCAST
Groww’s Lalit Keshre picks time in market over IPO timing; Swiggy posts Rs 1,092 cr loss, to raise Rs 10,000 crore via QIP; Microsoft bets big on India’s developer boom | MC Tech3
In today’s Tech3 from Moneycontrol, we bring you the top stories from India’s tech and startup world. Groww’s CEO Lalit Keshre opens up on the fintech’s much-awaited IPO and why “time in the market matters more than timing the market.” Swiggy reports losses but plans a Rs 10,000 crore QIP to boost Instamart’s growth. Plus, Microsoft bets big on India’s developer boom, and Reliance teams up with Google to offer Jio users free access to Gemini AI Pro.
BUSINESS
Porinju Veliyath's Equity Intelligence India picks 0.52% stake in Associated Alcohols & Breweries
Associated Alcohols & Breweries shares surged 17.5 percent to finish the session at Rs 1,228.5 on the NSE, witnessing a strong consolidation breakout, with highest-ever volumes.
MARKETS
SEBI further extends deadline for T+0 settlement implementation for big brokers
T+0 settlement was introduced for faster liquidity so that investors can get their money or shares on the same day. It also reduces the counter party risk or chance of default because settlement is immediate.
INDIA
Harnaut Assembly Election 2025: Constituency profile, past winners and party-wise candidates
Earlier it was reported that Bihar CM Nitish Kumar's son Nishant Kumar might contest from JD(U)'s Harnaut created a stir, however, sitting MLA from the party Harinarayan Singh has been fielded.
INDIA
India Web 3.0 Summit: ‘Smart regulation fosters innovation’, Binance’s SB Sekar says
Sekar said this leadership position makes India a key market for the global crypto and Web 3.0 ecosystem.
INDIA
Bengaluru civic agency 'dumps' garbage in front of 218 households; collects Rs 2.8 lakh fine
Bengaluru Solid Waste Management Limited (BSWML) dumped waste in front of 218 households found littering public spaces and collected fines totaling Rs 2.8 lakh.
BUSINESS
MC India Web 3.0: Real estate sector needs to build trust, consolidation before tokenisation, say experts
In his remarks, Niranjan Hiranandani said that investments in real estate and land, which is expected to be democratised through the use of blockchain, tokenised land, and decentralised records, are seen increasing significantly over the next few years
INDIA
India Web 3.0 Summit: 'RTI would not be needed if digitalisation had been adopted aggressively', says Rahul Narwekar
"Transparency brings in trust. It needs data and the data has to be protected,” said Rahul Narwekar.
MARKETS
SEBI allows Investment Advisers to charge fees for second opinions on distributed assets
SEBI has allowed Investment Advisers to charge up to 2.5% per annum for providing a second opinion on assets under existing distribution arrangements. Advisers must obtain annual client consent and disclose that clients will also bear distributor-related costs.
INDIA
India Web 3.0 Summit: 'Future wars will be fought on basis of data available with countries,' says Rahul Narwekar
Highlighting the importance of transparency and digital accessibility in a democracy, he said that when he joined office, he noticed that it is “impossible for a common man to have access to debates and discussions that happen on the floor of the House" and that he realised that it is against the spirit of Democracy.
