CRISIL, a leading ratings and analytics company, has declared a final dividend of Rs 26 per share for the financial year ended December 31, 2024. This brings the total dividend for the year to Rs 56 per share, translating to a staggering 5,600% in dividend yield based on the face value. Shareholders, including ace investor Rekha Jhunjhunwala, who holds a 5.19% stake in the company.
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.
September saw a surge in IPOs, with 65 companies aiming to raise up to Rs 69,532.91 crore in the first half of this fiscal year, a 35% increase from last year. Smaller companies led the way, but upcoming IPOs from bigger and newer companies in October and November will be crucial. Experts recommend caution for retail investors.
boAt, a direct-to-consumer brand, is gearing up for the festive season by investing in inventory management, AI-enabled customer engagement, and collaborations with regional influencers. They expect a steady double-digit sales growth, with a surge expected during Diwali. They are also planning industry-first launches and offering discounts to give consumers the best value.
Diwali sees a surge in new car purchases, but choosing the right insurance is crucial. To make an informed decision, consider transferring your NCB, comparing policies online, opting for usage-based insurance, assessing add-ons, and maintaining comprehensive coverage. Reading the fine print is important to avoid unexpected expenses or claim rejections in the future.
State governments' capital expenditure is projected to rise by 14% in the first five months of the current financial year, a significant decrease from the previous year's 30% growth. A study of 19 states' finances revealed a rise in capex to Rs 1.98 lakh crore, along with a 24% increase in borrowings and moderate tax revenue growth.
The demand for Rudraksha in Switzerland has grown exponentially, leading to a significant increase in exports from India. This has created new opportunities for farmers and traders in Uttarakhand, thanks to the rising wellness and mindfulness movement in Switzerland.
The fourth World Food India witnessed investments of over Rs 1 lakh crore from 26 companies, including Coca-Cola, Nestle, and Tata Consumer Products. These investments will create 64,000 direct jobs and over 1 million employment opportunities. The government's policies to boost growth, such as allowing 100% FDI, have been implemented.
Bobby Deol, the 90s heartthrob, was closely guarded by his parents after a childhood trauma. Despite this, he got to witness his father's fame and admiration on set. However, his sheltered upbringing resulted in a lack of independence and social skills due to strict restrictions at home.
According to a survey by LocalCircles, the pass-through of revised GST rates on products remains slow and uneven a week after implementation. Only 1 in 10 consumers received full benefits on packaged food and medicines, while 7 in 10 received it on vehicles. The survey received over 78,000 responses from 27,000 consumers in 332 districts, with 66% men and 34% women participating.
The recent GST rate reduction in ice-creams has brought about a 13% decrease in tax rates, making them more affordable for consumers. This has led to a shift from unorganised to organised players in the market, resulting in a potential 10-15% growth per annum. Market leaders like Amul and HUL are expanding their reach to capture this surge in demand.
Anshul Gupta, a Dehradun boy, pursued finance despite aiming for a stable job to improve his family's finances. After completing CFA and FRM, he joined Deutsche Bank and later co-founded Wint Wealth with a team of four, offering retail investors access to corporate bonds. Backed by Zerodha, the platform aims to make investing in corporate bonds more accessible to the public.
OnePlus has once again impressed with its budget-friendly Nord Buds 3r, offering comfort, design, and features for long-term use. With a bass-heavy sound profile, dual microphones, and AI Clear Calls algorithm, they provide crystal-clear calls and powerful audio. The 54 hours of battery life and fast charging add to their appeal, making them a top pick for their modest price tag.
"Indian Railways has approved a new super fast train between Bengaluru and Mumbai, fulfilling the 30-year-long demand of the people. Currently, only one super fast train, Udyan Express, runs between the two cities. The increase in lane capacity at both stations has made it possible for more trains to run, said Bengaluru South MP Tejasvi Surya and Railway Minister Ashwini Vaishnaw.
Samsung's Galaxy A17 offers a blend of affordability and advanced features, including a 6.7-inch Full HD+ Super AMOLED display, 5G connectivity, AI capabilities, and a 5000mAh battery with 25W fast charging. Its slim and sturdy design, along with Corning Gorilla Glass Victus and an IP54 rating, make it durable. The phone also boasts a 50MP main camera with OIS, on-device AI features, and a