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Lenskart IPO gets fully subscribed on Day 1; Sauce VC readies $80 mn fund for consumer push; and Mumbai’s AI film fest gets star power | MC Tech3

PODCAST

Lenskart IPO gets fully subscribed on Day 1; Sauce VC readies $80 mn fund for consumer push; and Mumbai’s AI film fest gets star power | MC Tech3

In today’s Tech3 from Moneycontrol, we bring you the biggest stories shaping India’s tech and startup scene. Lenskart’s IPO dazzles with full subscription on Day 1, Sauce VC stirs up an $80 million fund for homegrown consumer brands, and Mumbai’s AI Film Festival draws Bollywood’s brightest. Plus, Apple's record-breaking India quarter, powered by booming iPhone 17 sales and expanding local manufacturing.

Watch | PIB debunks deepfake video circulated by Pakistani propaganda accounts targeting Indian Army

INDIA

Watch | PIB debunks deepfake video circulated by Pakistani propaganda accounts targeting Indian Army

.The PIB Fact Check unit clarified that the video is fake and AI-generated, and that Lt Gen Manjinder Singh has not made any such claim.

Why Delhi High Court refused to interfere with FSSAI banning ORS labels

INDIA

Why Delhi High Court refused to interfere with FSSAI banning ORS labels

The court was hearing a petition by Dr Reddy's Laboratories Ltd challenging FSSAI's directive restricting use of the label 'ORS' for its oral rehydration solution brand Rebalanz VITORS.

Updating Aadhaar gets easier: UIDAI announces major changes, to be effective from November 1

PERSONAL-FINANCE

Updating Aadhaar gets easier: UIDAI announces major changes, to be effective from November 1

This digital-first approach will help customers open accounts or complete verification in minutes, reducing the need for physical paperwork.

FIIs net sell Indian equities for Rs 6,769 crore, while DIIs pump in Rs 7,068 crore

BUSINESS

FIIs net sell Indian equities for Rs 6,769 crore, while DIIs pump in Rs 7,068 crore

For the year so far, FIIs have been net sellers of shares worth Rs 2.40 lakh crore, while DIIs have net bought shares worth Rs 6.28 lakh crore.

Pharma company Curis Lifesciences taps capital markets with IPO on November 7

BUSINESS

Pharma company Curis Lifesciences taps capital markets with IPO on November 7

Curis Lifesciences IPO | The company aims to raise Rs 27.52 crore via public issue of 21.5 lakh shares at the upper price band. This is purely a fresh issue by the company with no offer-for sale component.

'Regime changes in Bangladesh, Sri Lanka, Nepal building cases of bad governance': Ajit Doval

INDIA

'Regime changes in Bangladesh, Sri Lanka, Nepal building cases of bad governance': Ajit Doval

Ajit Doval said, "In the recent cases of change of regimes through non-constitutional methods in Bangladesh, Sri Lanka, Nepal, and others were actually the building cases of bad governance. And that is how the governance matters."

'How close I came to being there': Actor Ruchita Jadhav reveals filmmaker Rohit Arya had invited her days before hostage incident

INDIA

'How close I came to being there': Actor Ruchita Jadhav reveals filmmaker Rohit Arya had invited her days before hostage incident

“When I saw the news, I felt a chill. I can’t stop thinking about how close I came to being there. I’m grateful to God and my family,” Jadhav said.

'Leading from front': PM Modi hails women leadership in science and technology

INDIA

'Leading from front': PM Modi hails women leadership in science and technology

Speaking at the International Arya Mahasammelan 2025 in Delhi, PM Modi noted that India has the highest number of female STEM graduates in the world

Bank of Baroda Q2 net profit falls 8% to Rs 4,809 crore, NII rises 3%

BUSINESS

Bank of Baroda Q2 net profit falls 8% to Rs 4,809 crore, NII rises 3%

Bank of Baroda Q2 results: Asset quality improves

ITC shares rise up to 1.5% as Q2 results beat estimates on rising cigarette volumes

BUSINESS

ITC shares rise up to 1.5% as Q2 results beat estimates on rising cigarette volumes

ITC share price: Jefferies said cigarette volumes are better than peers, adding FMCG segment has beat estimates

Stock Market Holiday in November: NSE, BSE to remain shut next week for a day

BUSINESS

Stock Market Holiday in November: NSE, BSE to remain shut next week for a day

Banks in several cities will also remain closed on November 5 for Guru Nanak Dev Ji Jayanti, as per the Reserve Bank of India’s holiday schedule.

Hyundai Motor India shares rise up to 2% as brokerages remain bullish post Q2 results

BUSINESS

Hyundai Motor India shares rise up to 2% as brokerages remain bullish post Q2 results

Hyundai Motor India share price:

Platform fee helps cushion food delivery discounts on Swiggy

BUSINESS

Platform fee helps cushion food delivery discounts on Swiggy

Both existing players, Swiggy and Zomato and new competition, like Rapido, are all "striving to create an opening in what is a thin-margin, high-visibility, and operations intensive business,” the company’s management said.

Business in the Week Ahead (November 3- 7, 2025) 

BUSINESS

Business in the Week Ahead (November 3- 7, 2025) 

Global PMI data indicate stabilising manufacturing and strong services momentum, while India’s factory activity remains robust. The BoE is expected to hold rates steady, and India’s forex reserves continue rising 

PICS: BJP alleges another 'sheesh mahal' being made for Arvind Kejriwal in Punjab

INDIA

PICS: BJP alleges another 'sheesh mahal' being made for Arvind Kejriwal in Punjab

“Sheeshmahal 2 is being built in Punja with the state’s taxpayers’ money and Punjab CM quota as Kejriwal is the super CM of Punjab,” Shehzad Poonawalla told Moneycontrol.

SEBI’s prospective mutual fund overhaul may moderately dent AMCs' earnings: Nomura

BUSINESS

SEBI’s prospective mutual fund overhaul may moderately dent AMCs' earnings: Nomura

A further proposed reduction in the cap on brokerage charges, from 12bps to 2bps for cash trades and from 5bps to 1bps for derivatives, is also unlikely to affect AMC profitability, the report suggests

Nifty settles under 25,800, Sensex falls on profit-booking as bears lead charge

BUSINESS

Nifty settles under 25,800, Sensex falls on profit-booking as bears lead charge

On October 31, benchmark indices Nifty 50 and Sensex ettled on a muted noted as investors took some profits off the table.

Groww IPO GMP rises ahead of November 4 launch; here's what you need to know

BUSINESS

Groww IPO GMP rises ahead of November 4 launch; here's what you need to know

Groww shares are scheduled to be listed on November 12.

Ford to invest Rs 3,250 crore in Chennai plant to build next-gen engines from 2029

AUTOMOBILE

Ford to invest Rs 3,250 crore in Chennai plant to build next-gen engines from 2029

Ford will invest Rs 3,250 crore to restart manufacturing in Chennai, with the plant set to produce next-generation engines from 2029, creating over 600 direct jobs.

Live: Nifty snaps 4-week gains, slips below 25,800 | Closing Bell

BUSINESS

Live: Nifty snaps 4-week gains, slips below 25,800 | Closing Bell

Nifty Snaps 4-week Dream Run. Nifty Slips Below 25,800, Down 100 Pts. Sensex Tumbles 300 Pts, India Vix Rises. PSU Banks Shine in an Otherwise Muted Market. IT, Metal Stocks Continue To See Declines. Nifty 50 Gainers: BEL, Shriram Finance. Nifty 50 Losers: NTPC, Eternal, Cipla. Catch Lovisha Darad and Yatin Mota in conversation with Ashish Bahety--Technical and Derivative Research Analyst, ProfitMart Securities and Anil Rego, Founder & CEO - Right Horizons

Vedanta Q2 net profit declines 59% to Rs 1,798 crore, revenue rises 6%

BUSINESS

Vedanta Q2 net profit declines 59% to Rs 1,798 crore, revenue rises 6%

The total income of the company in the July-September period rose to Rs 40,464 crore over Rs 38,934 crore in the year-ago period, according to an exchange filing.

15 years on, PM Modi shares CM Modi's vision of world's tallest statue

INDIA

15 years on, PM Modi shares CM Modi's vision of world's tallest statue

As the nation marked Sardar Vallabhbhai Patel’s birth anniversary, PM Modi shared a thread of posts via the official ‘Modi Archive’ handle -- recalling his vision to honour the Iron Man of India

Maruti Suzuki Q2 net profit rises 7% to Rs 3,293 crore, revenue up 13%

BUSINESS

Maruti Suzuki Q2 net profit rises 7% to Rs 3,293 crore, revenue up 13%

The company's total revenue from operations increased 13 percent to Rs 42,101-crore in the September quarter as compared with Rs 37,203 crore in the year-ago period.

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