6 million square feet CPPIB has decided not to sell its 50% stake in IndoSpace Core, a joint venture with IndoSpace, due to low bids and lack of interest from bidders. The stake was expected to be valued at $700 million, with global investors like Mubadala and APG showing interest. IndoSpace Core has a portfolio of 14.6 million square feet across 17 industrial and logistic parks in key markets.
SEBI's proposed reduction in TER and brokerage fees caused a sharp decline in the stock prices of market intermediaries, asset management companies, and mutual fund distributors. While bigger fund houses are not too worried, smaller players may face a significant impact on their earnings.
US President Donald Trump has announced progress in a trade deal with India, with both sides agreeing on most issues. The focus is now on non-tariff barriers, and the key issue of tariffs has been resolved. Trump's remarks have also had a positive impact on the stock market, especially for sectors affected by US tariffs. India is pushing for the removal of these tariffs.
The parent company of boAt, Imagine Marketing, has filed an updated draft red herring prospectus for an IPO of Rs 1,500 crore. The IPO will include a fresh issue of Rs 500 crore and an offer for sale of Rs 1,000 crore by existing shareholders. Private equity major Warburg Pincus and co-founders will sell shares, with the funds being used for working capital.
NITI Aayog's Frontier Tech Hub has released a report outlining a roadmap for India to become a global leader in advanced manufacturing. The report identifies 13 key sectors and 5 clusters, with AI, machine learning, and robotics as critical enablers.
The CBDT has extended the deadline for filing income tax returns and audit reports for the assessment year 2025-26 to December 10 and November 10 respectively. This is the second extension, with the first being from September 30 to October 31. The extension was granted due to difficulties faced by taxpayers and practitioners, including disruptions caused by floods and natural calamities.
The sugar industry is facing challenges with surplus stocks, underused distilleries, and delayed payments to farmers due to a smaller allocation of ethanol. ISMA is urging the government to increase the allocation to at least 50% of the total requirement and allow exports of 2 MT of raw sugar.
Varun Beverages, a PepsiCo bottler, has entered the alcoholic beverages market by changing its MoA and teaming up with Carlsberg for distribution in some African countries. This strategic move is expected to boost long-term growth and margins, as demand for carbonated drinks has been impacted by weather.
PHDCCI suggests 15% tax rate for new manufacturing companies in 2026-27 Budget to boost domestic investments and attract foreign firms. Section 115BAB of Income Tax Act, which offers 15% corporate tax rate for new manufacturing units, should be extended beyond March 2024. Industry body also proposes lower tax rates for individuals and changes in GST Act for refund mechanism.
Indian Commerce and Industry Minister Piyush Goyal announced a second fund for startups, focusing on deep tech companies, to boost innovation and decrease reliance on foreign investors. The fund, along with a previous one, will provide over Rs 100,000 crore to support startups and help India become a leader in key technologies.
Legal experts are divided on Mehli Mistry's argument over the interpretation of a 2024 resolution by Tata Trusts. Some say all trustees must be reappointed for life, while others say it only applies to those unanimously reappointed. The Trust Deed will be crucial, and Mistry may challenge Venu Srinivasan's reappointment. But the Charity Commissioner and Bombay High Court will have the final say.
Suzuki Motor Corporation has ambitious plans for the Indian market, with the introduction of eight new SUVs and a goal to regain 50% market share. The company also plans to invest Rs 70,000 crore and become a leader in producing, selling, and exporting EVs. With a focus on decarbonization, Suzuki is building CBG plants and has nine projects in Gujarat.
In FY25, logistics-tech unicorn Shiprocket reported a positive adjusted Ebitda of Rs 7 crore and a 24% increase in revenue. Despite steady expenses, cash profit doubled. However, the rise of in-house logistics capabilities among e-commerce companies poses challenges for 3PL providers like Shiprocket. The company is using profits to expand its core business.
India and the European Union are making progress towards a free trade agreement, with 10 out of 20 chapters finalized. However, discussions on sensitive issues like auto and steel trade and carbon tax regulations are ongoing.
Indian economy expected to grow at 7% this year due to policy measures like income tax relief and GST rate rationalization. Chief Economic Advisor predicts growth at the upper end of projected range. Positive ratings from global agencies and on track to break into 'A' rating category, reducing cost of capital. Economy shows resilience and strength.
The government has formed a committee to review the tax refund rates under the export schemes RoDTEP and RoSCTL, which are set to expire by the end of this financial year. The panel, headed by Neeraj Kumar Gupta, will submit its main report by March 31, 2026. The committee will also interact with various stakeholders to work out the modalities for calculating taxes and levies on exported products.
Harshvardhan Rane, a non-industry actor, found success in Bollywood with "Sanam Teri Kasam" in 2016 after a tough journey that included running away from home at 16 and working odd jobs. Today he is a famous star and his latest release is out in theatres: "Ek Deewane Ki Deewaniyat"
Honda is shifting its focus to India, the US, and Japan as key markets for growth. They will introduce three new SUVs with hybrid and electric powertrains by 2027 and are planning to expand production and explore new opportunities in India. The Honda 0 α (alpha) will debut at the Japan Mobility Show and be available in both Japan and India in 2027.
The Japan Mobility Show 2025, a top automobile show, is featuring Indian-centric innovation from Japanese giants like Suzuki, Honda, Toyota, and Nissan. Maruti Suzuki displayed the made-in-India Jimny and eVitara, while Honda revealed its Honda 0 α prototype, to be launched in India and Japan in 2027.
Toyota Motor Corporation (TMC) has launched its ultra-luxury brand, Century, at the Japan Mobility Show, with a focus on bespoke craftsmanship rooted in Japanese tradition. Positioned above Lexus, the lineup currently includes a sedan and SUV, with plans for a luxury SUV in 2023. The company also unveiled a two-seater luxury car prototype and showcased a new Corolla and partially built IMV Origin.
Radico Khaitan, a liquor maker, reported a 73% increase in consolidated net profit to Rs 139.56 crore in Q2. This was due to strong volume growth, with consolidated revenue from operations at Rs 5,056.72 crore. Total expenses were higher at Rs 4,872.75 crore, but the company remains focused on premiumization and expanding distribution.
ITC will release its Q2FY26 results on October 30, with a focus on the impact of new GST rates on sales. Mixed trends have been seen in FMCG results, and the company's performance will be closely monitored. Key factors to watch include demand outlook, raw material trends, competitive intensity, and performance of agri and paper segments.
Filmmaker Farah Khan visits actress Diana Penty's ancestral home for her cooking vlog series. She travels two hours to reach the grand bungalow in Mumbai, filled with vintage furniture and decor. Diana's mother shares the history of some pieces, over a hundred years old. The house exudes a classic and elegant charm.
DCM Shriram's consolidated net profit for Q2 FY26 jumps 2.5-fold to Rs 158.72 crore. Total income rises to Rs 3,531.26 crore. Involved in diversified businesses including chemicals, vinyl, agriculture, and building materials. Revenue of chemicals and vinyl verticals grows to Rs 1,108.40 crore. Last fiscal year's net profit was Rs 604.27 crore on a total income of Rs 12,883.
Sunil Grover, famous for his iconic roles as Gutthi and Dr. Mashoor Gulati, began his entertainment journey during college. He was discovered by Jaspal Bhatti and worked in shows like Flop Show and Full Tension. After moving to Mumbai and facing struggles, he found success on radio and gained fame on Comedy Nights with Kapil and The Kapil Sharma Show.
Beloved actress Kim Ji Won, known for her role in Queen of Tears, may make her comeback in the highly anticipated K-drama Detective Park Mi Ok. She is currently reviewing the role and drama title, with sources revealing a collaboration between popular writer Chung Seo Kyung and director Kim Hee Won.
Coal India's Q2 net profit declines by 32.6% year-on-year and 51.20% quarter-on-quarter, with revenue also decreasing by 3% and 15.78% respectively. The company has declared a second interim dividend of Rs 10.25 per share and expects to utilise accumulated tax credits with the recent GST rate hike.
Air India CEO Campbell Wilson addressed the challenges faced by the airline in 2025, including US tariffs, conflicts with Pakistan, and visa restrictions. Despite these obstacles, he said, the airline remains resilient and committed to flying. Retrofitting has caused capacity issues and regulatory clearance is still pending for China flights.
Ranveer Singh's upcoming action film, Dhurandhar, directed by Aditya Dhar, is set for a December release. The star-studded cast includes Sanjay Dutt, R Madhavan, Akshaye Khanna, and Arjun Rampal. Yami Gautam and Emraan Hashmi, in an interview with Anupama Chopra, praised the script and predicted it to be a blockbuster. The film follows RAW operative Ajit Doval
PNB Housing Finance's stock has surged by 8% in the last 5 days, and Motilal Oswal predicts a double-digit rally in the future. The brokerage firm has reaffirmed a Buy rating and a target price of Rs 1,080, citing strong profitability, steady retail growth, and improving recoveries. The company is expected to maintain a healthy performance with a projected loan and profit CAGR of 18% and 16%.
Inox Clean Energy's subsidiary, Inox Solar, has partnered with LONGi Trading to supply 5 GW of solar modules for the Indian market in the next 3 years. This will boost Inox Solar's production and align with global standards, while also promoting the growth of high-quality solar manufacturing in India. Production has already begun at their Ahmedabad facility.
Senior military commanders from India and China held the 23rd round of talks at the Moldo-Chushul border meeting point to discuss managing tensions and maintaining stability along the Line of Actual Control (LAC). Both sides agreed to continue engagement through military and diplomatic channels, under the guidance of leaders' consensus.
The world’s biggest employers are in cost-cutting mode. From tech giants to old-economy leaders, a wave of layoffs has rattled the industry, leaving tens of thousands without jobs. According to Layoffs.fyi, the website tracking all the recent developments, in 2025, around 218 tech companies reduced their headcounts, among which 112,732 tech employees lost their jobs.
Peyush Bansal, CEO of Lenskart, is on track to become India's youngest self-made billionaire with the launch of Lenskart's successful IPO valued at Rs 7000 crore. He has made notable real estate investments, including an opulent flat in Gurugram and a bungalow in Delhi, and has a modest yet stylish collection of luxury items.
Balraj Singh Basra, a 25-year-old gangster, was sentenced to life in prison with no parole for 25 years in connection with a high-profile murder case at a Vancouver golf course. He was convicted of first-degree murder and the victim was another Indian-origin man named Vishal Walia. The incident occurred on October 17, 2022, at the University Golf Club near UBC.
Neha Bansal, a promoter of Lenskart Solutions, sold a 0.15% stake to two schemes of SBI Mutual Funds for Rs 100 crore in a pre-IPO offer. This brings her total stake to 7.46%. Other shareholders, including Radhakishan Damani, are also set to offload their stake in the upcoming Lenskart IPO, which is expected to raise Rs 7,278.02 crore.
Uttar Pradesh government raises sugarcane prices by Rs 30 per quintal for 2025-26 crushing season, benefiting lakhs of farmers. This marks the fourth increase during the current administration, resulting in an additional payment of Rs 3,000 crore. The state's transparent management and investor-friendly policies have attracted over Rs 12,000 crore in new investment.
Larsen & Toubro's Power Transmission & Distribution vertical has won contracts worth Rs 2,500 - 5,000 crore in Saudi Arabia to build a 380 kV substation and transmission lines. These orders are part of the country's National Renewable Energy Programme, which aims to increase renewable capacity and upgrade the grid.
Varun Beverages, a leading beverage company, reported a net profit of Rs 741.19 crore, up 19.62% from the same quarter last year. However, it saw a decline of 43.72% quarter-on-quarter. The company's revenue from operations stood at Rs 5,047.74 crore, up 2.35% year-on-year. Despite heavy rainfall impacting domestic demand, the company's consolidated sales volume rose 2.4%.
The US has implemented sanctions on India's Chabahar port project in Iran, but discussions are ongoing to extend the waiver. The port is a key link for India and other countries, but complications have arisen due to the sanctions. This move is seen as a tactic to pressure India and may benefit China.
On October 28, FIIs bought Rs 10,339.80 crore, the highest in a single day since June. October flows are set to reach a 3-month high with FIIs buying Rs 10,040 crore. Ajay Bagga attributes this to Fed rate cut hopes, rupee's rise against the dollar, and positive outlook on corporate earnings.
China and India have made progress in easing tensions on their Himalayan border, following a deadly clash in 2020. They have resumed direct flights, increased investment and trade, and agreed to use existing mechanisms to resolve any issues. PM Modi and President Xi also discussed strengthening trade ties during a recent meeting.
The 2025 China Rich List by Hurun shows China's progress in innovation and economy. Nongfu Spring founder Zhong Shanshan remains the richest man for the fourth year, surpassing billionaires like Jack Ma and Lei Jun. Zhong's rags-to-riches story is inspiring, and despite his wealth, he leads a humble lifestyle.
A study of 33,560 adults suggests that taking one long walk per day is more beneficial for overall health, especially for those with sedentary lifestyles. Longer walks have been found to improve heart health and reduce the risk of death. Experts advise walking for at least 10-15 minutes at a time for maximum benefits.
IndiGo is facing capacity issues as it awaits the delivery of wide-body Airbus jets in 2027. Interim solutions are being considered, but no timeline was given for the grounding of planes due to Pratt & Whitney engine issues. The airline has been dealing with this shortage since 2023, when a powder metal defect was discovered.
Suzlon Energy's stock saw a 3% increase as the company announced the appointment of Rahul Jain as the new CFO, effective December 15, 2025. Analysts have given a 'Buy' recommendation for the stock with a potential upside of 28%. Jain's expertise in financial transformation and cost management is expected to benefit the company. This comes after the resignation of former CFO Himanshu Mody.
Tesla chair Robyn Denholm is trying hard to convince investors to back Elon Musk’s massive $1 trillion pay package, even warning that there’s simply no replacement for the billionaire CEO if shareholders vote it down and Musk chooses to walk away, Financial Times reported.
President Murmu completed a Rafale sortie at Ambala Air Force Station, accompanied by the Chief of Air Staff. She received a guard of honour and stressed the importance of combatting climate change, highlighting India's commitment and the role of the International Solar Alliance. She also emphasized the importance of inclusion and empowerment through solar energy.
Actress Rashmika Mandanna, in a recent interview, expressed her support for fixed working hours for actors in the film industry. She believes that a healthy work-life balance is important and that actors should not be overworked. However, her comments received mixed reactions from netizens, with some questioning whether actors would be willing to be paid like regular 9-to-6 jobs.
KFin Tech's share price dropped 5.3% but Nuvama Institutional Equities maintained a 'Buy' rating and Rs 1,480 target price, implying a 26.6% upside. The company saw strong revenue growth of 10.3% YoY in Q2 FY26, driven by its Mutual Funds segment and Issuer Solutions. It added 597 clients and increased market share in IPOs. Net profit and revenue also grew in Q2 FY26.
Two popular companies, Lenskart and Studds Accessories, are launching IPOs simultaneously. Despite being in the same industries, their IPO structures, objectives, and growth potential vary significantly. Lenskart's IPO is a combination of fresh issue and offer for sale, while Studds' IPO is solely an offer for sale.