Trent, owned by Tata Group, reported strong profit growth in Q1FY26 with a 9.5% increase in net profit and a 19% rise in revenue. The company's Ebitda also saw a significant growth of 38.2% and Ebitda margins expanded by 250 basis points. Trent's retail footprint includes 248 Westside stores, 766 Zudio outlets, and 29 stores across other lifestyle concepts.
A record 125 foreign-born US citizens are billionaires living in the United States, hailing from 41 countries, according to Forbes 2025 data. These self-made immigrants account for 14% of the nation’s nearly 900 billionaire fortunes, collectively worth $1.3 trillion and controlling 18% of America’s $7.2 trillion billionaire wealth.
Tata Motors gears up for demerger, leadership changes and JLR's loan guarantee amid cyber attack. The company announced the effective date of the demerger as October 1, along with leadership changes and a UK government loan guarantee of £1.5 billion for JLR. The cyber attack on JLR's IT systems has halted production globally and led to the resignation of three independent directors.
Epack Prefab Technologies' IPO bidding closed on September 26 with a strong response from investors, resulting in an overall subscription of 3.14 times. The allotment of shares will be finalised on September 29, and the listing is scheduled for October 01. Investors can check their IPO allotment status online through BSE, NSE, or the registrar's website.
Premier Energies has been awarded solar contracts worth USD 19.95 million in Republic of Benin, West Africa. These projects, funded by EXIM Bank and EBID, will help improve access to clean, sustainable energy in the country. The company plans to increase its manufacturing capacity and enter new areas to become a top global renewable energy equipment manufacturer.
UST, a leading AI and technology solutions company, has partnered with Kaynes Semicon, a major Indian semiconductor manufacturer, to establish a world-class OSAT facility in Gujarat. This investment will drive the growth of electronics, EVs, renewables, and consumer tech in India and support the country's goal of becoming a top semiconductor hub.
AI actress Tilly Norwood, created by Xicoia, is gaining fame and attracting Hollywood talent agents. While some see her as a threat to real-world actors, her creator believes AI can enhance the entertainment industry. Tilly's social media presence and role in a comedy sketch have sparked debates about the future of AI in showbiz.
A rally held by TVK chief Vijay in Tamil Nadu resulted in a stampede, causing the death of 41 people, including 18 women. The incident has sparked a political blame-game, with opposition parties demanding a CBI probe and the state DGP blaming TVK for mismanagement. TVK has moved the Madras HC for a probe. DMK said that Vijay is trying to 'escape criminal libaility'.
Durga Ashtami is a significant day in the Durga Puja celebrations, marked by special rituals such as Mahasnan, Shodashopachar Puja, and Kanjak or Kanya Puja. This year, it falls on September 30, 2025, and will be celebrated with unique pandals showcasing themes like "Operation Sindoor" and a vatican-themed pandal.
Gold prices soar to a record high above $3,800 per ounce as the dollar weakens and the Fed is expected to make more rate cuts. U.S. gold futures also increased, driven by a combination of factors including a weak dollar, positive inflation data, and optimistic market sentiment. Traders are predicting a high chance of rate cuts in October and December, while demand for gold grows.
Moldova's pro-European PAS party won the parliamentary election with 46% of the votes, while the pro-Russian Patriotic Bloc received 27%. The election was marred by accusations of Russian interference, with a low voter turnout of 48%. PAS leader Igor Grosu expressed concerns about Russia's attempts to influence the results and called for patience and calm as the final results are awaited.
JM Financial has given Supreme Industries a ‘Buy’ rating with a target price of Rs 5,400, implying a 26.4% upside. The company is a leader in the plastic pipes industry with a pan-India presence and aggressive expansion plans. It operates over 30 plants and is expected to cross 1mt capacity by FY26. Strong financials and a disciplined growth strategy make it a promising investment opportunity.
Motilal Oswal has identified key stocks with potential for significant upside, including Bharat Electronics, Mahanagar Gas, Polycab, and KEI Industries. With target gains ranging up to 37%, these companies are poised for growth in defence, energy, and infrastructure sectors. Bharat Electronics has a 'Buy' rating, supported by the QRSAM project and TPCR 2025 roadmap.
Nuvama maintains a Buy on ACME Solar Holdings with a target price of Rs 360 per share, citing potential 35% upside. ACME recently won a bid for Madhya Pradesh’s first solar storage project and is well-positioned to benefit from India's goal of 500GW renewable energy capacity by 2030.
Mumbai and other districts in Maharashtra experience heavy rainfall, with IMD issuing orange and red alerts. Train services disrupted and schools closed in Palghar. Nashik, Palghar, Thane, Mumbai City, Mumbai Suburban, Raigad and Pune have been put on red alert. Palghar district collector has announced a holiday for all government and private schools.
Anil Ambani-led Reliance Power has sold its Indonesian subsidiaries to Biotruster for $12 million. The sale includes five entities and will be completed by December 30. These units had no income last year but have a net worth of Rs 16,909 lakh. Reliance Power's Q1 FY26 net profit of Rs 44.68 crore was driven by strong plant performance and solid debt.
The US Department of Labour is pushing for an end to H-1B visa abuse and encouraging companies to hire American workers. This comes after President Trump's order for a hefty fee on H-1B visas. While some believe the program benefits US companies and creates jobs, Commerce Secretary Howard Lutnick supports the visa overhaul to prevent foreign workers from taking jobs away from Americans.
Shirish Chandra Murmu has been appointed as the new Deputy Governor of the Reserve Bank of India for a three-year term starting October 9. He will replace Rajeshwar Rao, who is currently in charge of banking regulation and other portfolios. Murmu, who is currently an Executive Director at the RBI, will oversee key administrative responsibilities and regulatory policies within the bank.
September was a busy month for IPOs in the Indian stock market, with 25 companies going public. Majority of the IPOs saw a good response from investors, with 15 raising $1 billion. Urban Company, GK Energy, Jain Resources, and Jinkushal Industries were the top trending IPOs in Google Trends. Urban Company's IPO received 103.6 times subscription and was listed at a 4% premium.
K-pop giants BTS are rumoured to have stayed at a lavish, palace-like mansion in Hollywood’s favourite Beverly Hills. While the agency has not responded to the buzz yet, netizens seem to have decoded the place, dubbing it the Dynamite crooner’s temporary residence during their stay in Los Angeles.
At 67, Mark Cuban stays youthful with a plant-based diet, daily walks, and supplements like melatonin, Vitamin D, and E. He also regularly gets his blood tested to monitor his health. These practices are supported by science and can promote longevity and overall well-being.
Elon Musk's social media platform X, formerly known as Twitter, plans to appeal the Karnataka court's order to implement a new content takedown system, stating it violates citizens' constitutional rights. The court's dismissal of X's petition and praise for the Sahyog portal has sparked a debate on social media content regulation in India.
American boxer Terence Crawford, a native of Omaha, was pulled over by an Omaha cop for reckless driving and was detained at gunpoint along with his head of security. The police department stated that they observed a firearm in the vehicle.
The RBI's three-day monetary policy meeting started today and will end on October 1. Governor Shaktikanta Das will announce key decisions, with analysts expecting no change. Nuvama predicts a possible rate cut, but the RBI may wait to see the impact of GST rate cuts on demand. Currency stability and external risks may delay monetary easing, making a repo rate cut unlikely.
SEBI denies Ketan Parekh's travel request due to evidence of fraudulent trades and using travel as a cover for covert activities. Concerns raised about extradition and use of encryption and cryptocurrency. Previous permissions to travel were controversial, with suspicions of parallel dealings.
Tata Capital, the financial services arm of the Tata Group, will launch its IPO on October 6 with a lower valuation than expected. Despite a smaller issue size, it remains the largest IPO of 2021. The price band is at a discount, making it an attractive opportunity for investors. The offer includes a fresh issue and an offer for sale.
A video of 10 ICE agents chasing a food delivery worker in Chicago has sparked controversy and condemnation on X. The CEO of GrayStak Media shared the footage, claiming the man successfully evaded the agents. This incident follows a shooting at an ICE field office in Dallas, resulting in the death of a migrant detainee.
Mumbai-based drug maker Lupin has acquired European eye health company VISUfarma BV for 190 million euros, in line with their strategy to expand their European business and global specialty franchise. This will offer market expansion opportunities and a full range of eye health products. CEO Vinita Gupta believes this acquisition reinforces their dedication to delivering innovative medicine
Congress demands action and apology from BJP after death threat to Rahul Gandhi on live TV. They question if it's part of a larger conspiracy and urge for exemplary punishment. They highlight Gandhi family's sacrifices and vow to continue standing up for the people. The party said BJP's Pintu Mahadev said "Rahul Gandhi will be shot in the chest" during a live TV programme.
Ganesh Consumer Products' IPO was listed at a discount of 8% on NSE and 8.4% on BSE, raising Rs 408.80 crore. The bidding opened on September 22 and closed on September 24, with allotment finalised on September 25. The issue price band was Rs 306 to Rs 322 per equity share, with a lot size for retail investors.
In the 2025 Asia Cup Final, India defeated Pakistan 3-0 but refused to accept the trophy from the ACC president due to his provocative social media posts. The post-match presentation ends awkwardly as India's decision is announced. The trigger was the ACC president's posts.
Atlanta Electricals had a successful stock market debut, with a 14% premium over the issue price. The IPO received a strong response, with a total subscription of 72.16 times. The company, known for its transformer manufacturing, raised Rs 687 crore through a fresh issue and an Offer for Sale. The IPO was managed by Motilal Oswal Investment Advisors and MUFG Intime India.
Prime Minister Narendra Modi will inaugurate the new headquarters of the Delhi BJP today at Deen Dayal Upadhyay Marg, coinciding with the Navratri celebrations. Delhi BJP chief Virendra Sachdeva made the announcement at a press conference, calling the new office more than just a workplace.
RailTel Corporation of India has secured a Rs 50.62 crore contract from BEPC to create virtual environments in government schools by December 2025. This is the second contract from BEPC in a week, adding to RailTel's total order book of Rs 1,389.24 crore. The company's share price has also seen a significant increase of 26.08% in the last six months.
Bad Bunny, a popular Puerto Rican musician, will headline the 2026 Super Bowl halftime show despite previous concerns about performing in the US. He plans to use the platform to celebrate his culture and has received support from Jay-Z, the show's executive producer. Fans are thrilled about the news.
Indian indices opened higher, breaking a six-day losing streak. However, the momentum was lost, with Nifty opening 54 points higher and Sensex opening 132 points higher. Bank Nifty opened 59 points higher, while small and midcap stocks also rose. The market is technically weak but oversold, with a short-term bounce expected. RBI expected to hold rates and send a dovish message.
To make travel smooth and convenient during the festive season, the Central Railway (CR) zone is running 60 extra special trains this year. Ticket bookings for these festival trains have already started, and passengers can plan their trips in advance.
Typhoon Bualoi caused destruction in northern central Vietnam, with one dead and 12 missing. The storm brought heavy rains and high waves, with wind speeds weakening to 88 kph after making landfall. The government evacuated thousands and cancelled flights, while the country faces the risk of severe floods and landslides. Vietnam has been hit hard by Bualoi & a 7.8-magnitude earthquake in Russia.
President Trump welcomed Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir to the White House, attended by top US officials. The meeting sparked controversy as FBI Director Kash Patel's handshake with Munir, known for anti-Hindu views, received backlash. This comes amidst strained relations between India and Pakistan, with the US imposing lower tariffs on Pakistani imports.
BCCI rewards Indian cricket team and support staff with Rs 21 crore for their unbeaten run in Asia Cup 2025, including a victory against Pakistan in the final. No details on the distribution of funds. Players like Tilak Verma and Kuldeep Yadav played a key role in the team's dominant performance.
India’s homegrown messaging app Arattai has shot to the top of app store charts, beating global competitors in just a matter of days. Launched by Zoho in 2021, the app was once seen as an experiment.
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Fabtech Technologies, a company offering engineering solutions for pharmaceutical, biotech, and healthcare industries, has launched its IPO priced at Rs 181-191 per share with a lot size of 75 shares. Retail investors can invest with a minimum of Rs 13,575. The grey market is trading at a premium of Rs 35 and the listing price is expected to be around Rs 226 per share.
Israeli Prime Minister Benjamin Netanyahu is under pressure to end the war with Hamas and has announced a new ceasefire plan with the White House. The 21-point proposal includes an immediate ceasefire, release of hostages, and gradual withdrawal of Israeli forces from Gaza. The conflict has resulted in over 66,000 Palestinian deaths and has sparked calls for a Palestinian state.
PL Capital, headed by Amisha Vora, specializes in quant-based and smart beta strategies. Their AQUA PMS has shown strong returns and they are now launching a mutual fund with a focus on high-performing products. Vora's top sectors and stocks are in line with India's growth drivers. Changes in regulations have affected trading opportunities.
Sunteck Realty, a Mumbai-based company, has launched its luxury residential brand, Emaance, with properties priced at Rs 2.5 lakh per square feet. The brand will include two properties in Napeansea Road and Downtown Dubai, with a total value of Rs 20,000 crore. This highlights the increasing demand for luxury properties in Mumbai, with sales reaching over Rs 14,750.
Saffronart, India's leading auction house, made history with a record-breaking sale of Rs 355.77 crore ($40.2 million) at its 25th anniversary evening sale in New Delhi. The white glove sale saw all 85 lots sold and attracted unprecedented interest from global collectors.
BITS Pilani has made impressive progress in the latest NIRF rankings, moving up from 23 to 16 in the overall rankings and entering the top-10 universities for the first time at 7th place. Its emphasis on academic and research excellence, along with improvements in faculty and research productivity, has led to this achievement. However, there is still room for improvement.
Banks are increasing loan rates to protect their margins amidst rising interest rates, resulting in a slowdown in credit disbursement. While lending rates on outstanding loans have decreased, fresh loans have seen a reversal, with private lenders being more aggressive in repricing.
Automakers are focusing on the compact and mini electric car segment to replicate Maruti Suzuki's success. The sub-four-meter category has been overlooked, but Hyundai and Mahindra are entering with localized platforms. Tata and new players are also eyeing the sub-Rs 10 lakh price point. The Indian EV market is predicted to grow quickly.
Murugappa Group's TI Clean Mobility is aiming to become a top player in India's medium and heavy commercial vehicle market and reach $1 billion in revenue by 2030. To achieve this, the company plans to launch new products, expand into battery swapping, and target a wider industrial client base. They have already launched a 55-tonne electric tractor-trailer and opened a battery assembly plant.
D2C brands are preparing for the festive season by optimizing their supply chains and providing fast delivery options to meet the rise in demand. They are also introducing festive collections and limited-time deals to entice customers. The recent GST reduction on apparel is predicted to increase sales, and brands are utilizing logistics startups to guarantee efficient and prompt deliveries.