LG Electronics India Ltd, the Indian arm of South Korea's LG, saw its IPO fully subscribed on the first day of bidding. The three-day IPO received bids for 7,44,73,685 shares against 7,13,34,320 shares on offer. The IPO size is Rs 11,607 crore and the price band is Rs 1,080 to Rs 1,140 per share. The company will not receive any IPO proceeds as it is an offer-for-sale
A recent study challenges the notion that diet sodas are healthier than sugary beverages. It shows that even one diet soda per day can raise the risk of nonalcoholic fatty liver disease by 60%, while sugary drinks increase the risk by 50%. This condition can lead to serious health issues, making water the best choice for hydration.
The World Bank has increased India's growth forecast for this year to 6.5%, but lowered it to 6.3% for next year due to US tariffs. The report also notes India's robust private consumption and investment, aided by government initiatives and infrastructure developments.
The Trump family is known for their impressive height, with Donald Trump standing at 6'2 and his youngest son Barron towering at 6'9. Despite his love for soccer, Barron's height has hindered his dream of pursuing a career in the sport. He has now shifted his focus to business and cryptocurrency becoming one of the wealthiest teenagers with a net worth of $150 million.
Sujeeth's action-packed blockbuster "The Call Him OG" starring Pawan Kalyan, Emraan Hashmi (in his Telugu debut), Prakash Raj, Priyanka Mohan, and more has been a hit at the box office, earning over Rs 180 crores domestically and Rs 283 crores worldwide. It faced tough competition from other releases and saw a decline in collections on its 12th day, despite Pawan Kalyan's star power.
Jaguar Land Rover, owned by Tata Motors, experienced a significant decline in sales in Q2 FY26 due to a six-week shutdown caused by cyber attacks. All markets were affected, with the UK being the most impacted. Production is gradually resuming and upfront cash is being provided to smaller parts suppliers.
The Indian real estate sector remained strong in Q3 of 2025, with a 1% increase in sales in major cities. Mumbai and Chennai saw growth, while Pune experienced a decline. The market is stabilizing after a prolonged upcycle, thanks to lower inflation and interest rates. Developers should shift focus to affordable housing as demand for luxury homes is weakening.
Motilal Oswal maintains a 'Buy' rating on Avenue Supermarts despite weak Q2 FY26 growth and margins. DMart's revenue grew 15.4% YoY in Q2 FY26, driven by store additions and mid-single digit SSSG. However, margin pressures are expected to continue due to muted SSSG. The company added 8 stores in Q2 FY26 and is expected to add 60 net stores in FY26.
Indian equity benchmarks ended the day higher, with the Nifty 50 closing 0.12% higher and the Sensex jumping 0.17%. The Nifty Bank settled 0.24% higher, while midcap stocks surged. The BSE Midcap declined 0.45%, and the BSE Smallcap finished 0.15% lower. Analysts believe that the markets may see a short-term pause, but the overall trend remains positive.
NITI Aayog CEO emphasizes the significance of robust trading ties with neighbouring countries, especially China and its $18 trillion economy. Reforms to be announced before Diwali, with first reports already submitted. Learning from other nations, increasing trade with neighbours crucial. CEO urges focus on Asia and competing with China, acknowledging past missed chances for India.
For decades, Indian families have looked at the United States as the ultimate destination, a place where hard work, education, and opportunity could rewrite one’s destiny. For many young Indians, the way to live those dreams was through marriage, with families hoping to find a match working on H-1B visa in America.
The World Bank predicts India's economy to grow at 6.5% in FY26, making it the fastest-growing major economy. However, US tariffs on Indian exports could hinder growth. The report emphasizes the need to reduce trade barriers and invest in AI skills to boost growth and create jobs.
The sale of Coldrif cough syrup has been banned in multiple states due to high levels of toxic substance DEG. 14 children, mostly under 5, have died from consuming the syrup, sparking a nationwide investigation and arrests. The Centre has warned against giving the syrup to children under 2 and suggests safer alternatives like honey and steam inhalation.
Finance Minister Nirmala Sitharaman launched a foreign currency settlement system in GIFT IFSC to enhance liquidity management and ensure compliance. India ranks third in fintech and leads in digital transactions. The government aims to support the fintech sector while also making strides in the global AI arena with a $1.3 billion mission.
The Super Bowl Halftime Show is a must-see event featuring iconic performances from top artists like Michael Jackson, Beyonce, and Lady Gaga. Taylor Swift has yet to perform, but Bad Bunny will headline next year's show with a political message. Swift clarifies rumours of her refusal, stating she was never formally offered and is focused on her own projects.
Indian authorities are investigating Adani Defence Systems and Technologies, a subsidiary of Adani Enterprises, for allegedly evading import taxes on missile components. The amount of tax evaded is significant and Adani denies any wrongdoing. This is not the first time the conglomerate has faced regulatory investigations.
September auto retail sales saw a mix of slow growth and high demand due to Shraadh and buyers waiting for revised GST rates. However, as Navratri and new rates began, sales picked up with a 34% YoY growth. Two-wheeler and passenger vehicle sales also saw a decline in September, but remained higher on a yearly basis. Overall, the auto sector reported a 5.22% YoY growth.
Parag Parikh, former CFO of Adani Total Gas, has joined GPS Renewables as CEO of GPSR Arya. With over 25 years of experience, he brings valuable expertise in finance and business leadership. GPS Renewables, with partnerships with major oil companies, is developing biogas projects worth $1 billion and expanding into bioLNG and green methanol.
Institutional investments in India's real estate sector grew 11% YoY to $1.27 billion in Q2 of FY26, but saw a 9% YoY decline in the first half of 2025 due to cautious investor approach amid global tension. However, the average investment in the past 5 years has been $4 billion, with a total of $4.3 billion in Jan-Sept 2025. Domestic investors are now dominating the market, with foreign
Kareena and Karisma Kapoor faced challenges in their early careers, rejecting successful films and experiencing less-than-stellar debuts. However, they persevered and became superstars in the Indian cinema industry, with hits like Raja Hindustani and Bajrangi Bhaijaan.
America’s richest real estate tycoon, Donald Bren, has reportedly cut ties with his son amid serious accusations of defrauding investors of over $2 million. David Bren, the 33-year-old son of the billionaire, finds himself surrounded by a slew of lawsuits over an “ultimate man cave” scam.
JM Financial upgrades Marico's target price to Rs 825 and maintains a 'Buy' rating, indicating a 16% potential upside. Strong sales and expected earnings growth in the second half despite GST disruption. Revenue growth in the 30s exceeds expectations due to pricing and recovery in other segments. Copra prices may affect margins in the short term.
Tesla's custom Optimus humanoid robots made their red carpet debut at the premiere of Tron: ARES, the highly-anticipated third installment of the sci-fi series. Tesla boss Elon Musk shared photos and videos of Optimus at the premiere on social media. However, amidst the buzz, a lawsuit against Tesla for a robot attacking a worker during a maintenance shift went unnoticed.
Maithili Thakur, the 25-year-old singer from Bihar, is making headlines once again as she is rumored to be contesting in the Bihar Assembly Election 2025 from her home constituency, Madhubani. BJP in-charge for Bihar, Vinod Tawde, shared pictures of his meeting with Maithili and her father, along with Union Minister of State for Home, Nityanand Rai, in New Delhi. Maithili rose to fame after her
SEBI has sent show cause notices to Reliance Infrastructure and Reliance Power, led by Anil Ambani, for violating regulations and acts. This comes after Reliance Infrastructure settled a dispute with CLE Private Limited. Reliance Power has clarified that it has no exposure to CLE.
South California resident and cardiologist Dr. Asoka Jayaweera passed away in 2023 after choking on a meal on a Qatar Airways flight. His family has filed a lawsuit against the airline, claiming negligence and wrongful death. The flight was unable to divert and provide proper medical assistance, resulting in Jayaweera's death. His son is seeking damages for the tragic incident.
Billionaire investor Ken Griffin has warned that some of the brightest students from countries like India might never make it to the US and that this could hurt the country’s future. The Citadel CEO said the real loss isn’t the $100,000 cost of an H-1B visa, but it’s when a talented student in India or a math and physics prodigy in China chooses to stay home instead of coming to the US.
Anantam Highways Trust is launching its IPO with a target of raising Rs 400 crore through a fresh issue of 4 crore units priced at Rs 98-100 each. The trust has already secured Rs 180 crore from 11 investors through its anchor book. The funds will be utilized to improve its portfolio and manage debts of its highway projects. The IPO is set to be allotted on October 14 and listed on October 17.
Fabtech Technologies, a biopharma engineering company, debuted on the National Stock Exchange with an IPO that raised Rs 230.35 crore. The issue opened on September 29 and closed on October 1, with allotment finalised on October 3. The IPO included a reservation for employees and had a lot size, with a premium of 0.05% to the issue price.
Indian equity indices opened higher on Tuesday, with the NSE Nifty 50 and BSE Sensex rising by 0.12% and 0.15% respectively. The Bank Nifty also opened higher, along with small and midcap stocks. On Monday, the Nifty 50 closed above 25,000 and is likely to test 25,200-25,250 in the near term. The Banknifty index witnessed a bullish breakout.
India's Permanent Representative to the UN, Parvathaneni Harish, slammed Pakistan at the UNSC Open Debate on Women Peace and Security. He called out Pakistan's "delusional tirade" against India and highlighted their own atrocities, including the 1971 Operation Searchlight, which resulted in the mass rape of 400,000 women.
West Bengal Chief Minister Mamata Banerjee on Monday criticised Prime Minister Narendra Modi for what she called, politicising the recent floods and landslides in North Bengal. She described the Prime Minister’s remarks as "unfortunate and deeply concerning."
The number of international student arrivals in the US has been declining, with a 19% drop in August 2025 compared to the previous year. Asian students, including those from India and China, saw the biggest decline. European arrivals remained relatively stable, with the UK even seeing a 7% increase.
Deloitte will return part of its payment from the federal government over a $440,000 report that contained multiple errors. The tech firm has admitted it had used generative artificial intelligence (AI) to help produce the report.
Jefferies has maintained its ‘Buy’ rating on several banking sector stocks, predicting a potential 30% upside in select stocks. Kotak Mahindra Bank showed the strongest momentum, while IndusInd Bank witnessed significant consolidation and Bandhan Bank registered softer growth. Jefferies has a ‘Buy’ rating on all three stocks, with target prices of Rs 2,550, Rs 920, and Rs 215, respectively.
Indian equity markets opened flat to negative on Tuesday, impacted by global factors like crude oil, gold, and currency fluctuations. Sectors like banking, automobiles, metals, infrastructure, and IT may see activity as investors watch regulatory developments. The Nifty and Sensex closed higher on October 6, with mixed trends in Asian markets and a mixed performance in US markets.
Nearly 200 activists, including Greta Thunberg, were deported from Israel after their Gaza-bound humanitarian mission was intercepted by Israeli authorities. The activists livestreamed their journey and accused Israel of breaking international law, while Israel claimed the activists were trying to breach the legal blockade of Gaza.
US President Donald Trump has once again claimed that he “ended” the India-Pakistan conflict that followed Operation Sindoor — a statement India has already dismissed multiple times as factually incorrect.
Indian markets closed on a positive note on October 6. Today, IT, telecom, real estate, banking, and pharma sectors will see major corporate developments. LTIMindtree secures a big deal, Jio gains, and Vodafone Idea faces a setback in the telecom sector. Brigade Enterprises signs a JDA for a project in Chennai, while Bank of India reports strong earnings.
Flipkart, owned by Walmart, sold its 6% stake in Aditya Birla Lifestyle for Rs 998 crore. This is the second exit by the company after selling Rs 582 crore in June. The shares were received after ABLBL's demerger from ABFRL. Key buyers included ICICI Prudential Mutual Fund, Nippon India Mutual Fund, and SBI Life Insurance. Aditya Birla Fashion's shares rose 7.5
“Bundling AI solutions with existing products may further consolidate market power, making it harder for independent providers to survive. Personalised pricing may raise competition concerns, especially when transparency is lacking,” the report said.
The RBI's same-day cheque clearance system faced challenges during its test run, revealing gaps in staff training and execution. The auto process failed due to scanning errors and insufficient training, causing delays and rejections. This highlights the importance of aligning people, processes, and habits in digital transformation.
Bank of India's domestic gross advances are expected to rise 14.6% to Rs 5.9 lakh crore, with domestic deposits increasing 8.5% to Rs 3.45 lakh crore. Jammu & Kashmir Bank's business grew 8.77%, while Bank of Maharashtra saw a 16.9% rise in global advances. The share of CASA deposits fell for both banks. Bank of India's shares closed 0.2% higher, while Jammu
The CCI’s study on AI warns that dominant firms could use algorithms for anti-competitive practices like price discrimination and self-preferencing. It proposes industry-led self-regulation and transparency standards to balance innovation with oversight. The report also flags risks of tacit algorithmic collusion and urges proactive regulatory vigilance in India.
Airtel Business, the enterprise solutions arm of Bharti Airtel, has been awarded a multi-year contract by the Indian Railways Security Operations Centre (IRSOC) to establish a centralised cybersecurity system for 26 locations and 190,000 devices.
The Vodafone Idea AGR case has been postponed for a week as the DoT requested more time. The telco argues that the additional AGR dues for FY17 are illegal, based on a writ petition filed in September. The DoT is open to finding a solution due to the government's stake in the company and has raised additional concerns.
India's top companies are expected to see a modest increase in profits in the September quarter, with consumer-oriented companies reporting ordinary results due to weak demand. The monsoon and rupee depreciation have affected sales and exports. Sectors like oil & gas, metals, and cement are expected to perform well, while banks may see a decline.
Canara Robeco AMC has announced its IPO with a price band of Rs 256-263, valuing the company at Rs 5,302 crore. The issue is an offer for sale by promoters Canara Bank and ORIX Corporation Europe. CEO Rajnish Narula stated that the company has shown 40% growth in the last 5 years, outperforming the industry's 20% growth. Canara Bank currently contributes 8% to the company's AUM and Nar
The Navi Mumbai International Airport, shaped like a lotus, blends tradition and modernity. The first phase, to be opened by PM Modi, has digital screens showing flight info and promoting Maharashtra and India's culture. It aims to reduce passenger anxiety with technology, pre-booked parking, digital art, and a unique "Bombay Bond" food hall.
Qatar has become the eighth country to adopt UPI, a digital payment platform developed by NPCI. The system is being used in collaboration with QNB and LuLu Hypermarket is the first retail chain to use it. UPI is already in use in Bhutan, France, and the UAE. Piyush Goyal believes this launch will revolutionize trade between Qatar and India, benefiting both nations.