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Results for “AI”
EARNINGS CALLS · 2 MIN READReliance Q2 FY27: O2C surge masks retail margin pressureRecord group earnings and Jio growth were offset by weaker retail EBITDA, elevated operating costs and execution risk around digital commerce and new energy.3 HOURS AGO · BY SPECTATE MEDIA DESK
INNOVATION · 1 MIN READStartup Awards 6.0 expands into semiconductors, space and deep techThe programme adds twelve sectors and a student-innovator award as applications remain open until 20 November.3 HOURS AGO · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READSEBI cuts no-underlying currency-derivatives limit to $5 millionDomestic clients and FPIs now face one combined threshold across rupee-linked currency pairs and recognised exchanges.4 HOURS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READAditya Infotech invests ₹45.4 crore in AI video-compression firm BLUEThe CP PLUS owner will acquire a 30% stake, adding edge-based compression technology intended to cut surveillance storage and bandwidth needs.4 HOURS AGO · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READIndia’s finished-steel consumption reaches 99.3 million tonnes in April–OctoberDemand rose 7.5% over seven months, while October imports jumped and domestic steel prices remained sharply above year-earlier levels.7 HOURS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READSEEPZ cuts electricity tariff to ₹5.60 a unit as Mumbai export zone shifts to green powerThe lower tariff benefits 495 consumers across jewellery, electronics and IT, while the export zone plans more solar, storage and distribution capacity.9 HOURS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READIndia’s industrial output grew 6.7% in September as manufacturing ledManufacturing and electricity supported the headline gain, while mining contracted and consumer non-durables remained subdued.13 HOURS AGO · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READSEBI permits net fund settlement for mutual-fund cash-market tradesThe framework targets lower liquidity needs and smoother settlement while retaining safeguards around scheme-level obligations.14 HOURS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READGAIL subsidiary commissions 1.25 MTPA PTA plant in MangaloreThe revived facility adds domestic capacity for a key polyester input and extends GAIL further into downstream petrochemicals.14 HOURS AGO · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READIndian equities post biggest gain in seven months as foreign flows returnThe Nifty 50 and Sensex rose 2.4%, extending a six-session advance as financial and auto shares led a broad rally.1 DAY AGO · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READIndian Railways’ October freight loading rises 8.3% to 145.07 million tonnesCoal, foodgrains, containers and industrial materials supported the gain, while passenger volumes also increased during the month.1 DAY AGO · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READIndia’s new civil aviation rules take effect on 1 January 2027The Bharatiya Vayuyan Niyam, 2026 modernises aircraft regulation, ownership structures, safety oversight and passenger-facing obligations.1 DAY AGO · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READIndiaAI unveils EKA-1 and Dhir foundation models built for Indian languages and local deploymentThe two indigenous model families target multilingual reasoning, secure enterprise use and smaller on-device deployments under the IndiaAI Mission.1 DAY AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READIndia’s manufacturing corporate sector GVA grew 9.28% in FY2024-25The Annual Survey of Industries shows gains in factory capital, employment and value added, with five industries accounting for more than 41% of manufacturing jobs.1 DAY AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READThomas Cook India opens first Gorakhpur outlet, takes Uttar Pradesh network to 12The Taramandal outlet adds holidays, cruises, insurance and AI-assisted booking services as Thomas Cook India expands into an emerging Uttar Pradesh travel market.1 DAY AGO · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READCabinet approves ₹2,814-crore support for lithium and nickel processingThe five-year scheme will provide 30% capital support for four domestic processing plants aimed at battery, electronics, defence and speciality-steel supply chains.1 DAY AGO · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 1 MIN READDCM Shriram Q2 FY27 earnings call: what management saidManagement said domestic demand supported key end-markets, while pricing, inventory and future capacity additions remained important watch-points.2 DAYS AGO · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READNPCI forms technology subsidiary focused on AI and blockchainNPCI Tech Solutions will work on AI, blockchain, digital financial infrastructure and technology services for public digital platforms.2 DAYS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READL&T wins significant orders for residential and commercial projectsL&T's buildings business has secured projects covering 18 residential towers in Mumbai and Bengaluru and a commercial tower in Hyderabad.2 DAYS AGO · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READSEBI and BHASHINI tie up to expand regional-language market accessThe regulator will use translation, speech and optical-character-recognition tools to make securities-market services available in Indian languages.2 DAYS AGO · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READPune Metro projects worth ₹21,800 crore move into operation and constructionPune Metro Line 3 has opened while foundations were laid for four Phase-II corridors linking residential, commercial and IT hubs.2 DAYS AGO · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 2 MIN READReliance Q2 FY27: digital and retail scale offset capex and energy-cycle risksQuarterly revenue reached ₹3.62 lakh crore and EBITDA ₹62,409 crore, while investors must weigh segment execution, capital intensity and commodity volatility.6 DAYS AGO · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READIndia launches Ayurveda AI challenge as AIIA adds an innovation pipelineThe national challenge will use IIT Bombay’s open-source AyurParam model, while new partnerships target research, incubation and commercialisation.6 DAYS AGO · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READONDC DigiDukaan connects 21,000 kirana retailers to 450 brandsThe commerce ministry’s digital-trade roundtable backed common retailer identities, shared logistics, formal credit links and standard technology connectors for general trade.6 DAYS AGO · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 2 MIN READInfosys Q2 FY27 call: AI reaches 10.5% of revenue as mega deals support FY28Management said AI revenue grew 29% sequentially and large-deal wins reached $5.2 billion, while softer volumes and pricing pressure led to a 1%–2% FY27 growth outlook.30 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 1 MIN READIndia's fisheries push turns to cold chains, value addition and digital marketsGovernment-backed infrastructure, smart logistics and producer networks are moving the fisheries economy beyond raw production toward processing, traceability and branded products.30 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READNifty ends above 23,000 as IT and pharma lift benchmarks, broader market slipsThe Nifty 50 gained 0.51% and the Sensex 0.42%, but mid-cap and small-cap indices fell as the rally remained concentrated in large technology and healthcare stocks.30 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READSimplismart raises $14 million to expand AI inference platformDallas Venture Capital led the Series B, with NVIDIA, Accel, Shastra VC and Micromax participating as Simplismart targets product development and North American growth.29 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READBLS Polymers IPO closes with 3.74 times bids on NSENSE data showed bids for 4.45 crore shares against 1.19 crore shares offered or reserved as the ₹142–₹150 issue closed on 29 October.29 OCT 2026 · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 1 MIN READAdani Enterprises Q2 FY27 earnings call: what management saidManagement highlighted airport earnings, solar manufacturing expansion and copper ramp-up while discussing the construction timetable for its PVC project.29 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READJupiter Wagons wins ₹1,140 crore order for 2,583 freight wagonsThe Ministry of Railways contract covers BOXNHL and BOXNS wagons, with delivery scheduled within 730 days from the letter of acceptance.29 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNLC India Renewables wins 300 MW Gujarat wind power allocationThe wholly owned subsidiary secured 100 MW in the main auction and accepted two additional 100 MW greenshoe allocations from GUVNL.29 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READTata Power and BPCL plan ₹250 crore refinery power infrastructureThe proposed 110 kV system will serve a 90 MW requirement for BPCL's ₹14,203 crore PRFCCU project at its Mumbai refinery.29 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNPPA publishes revised prices for 543 anti-cancer medicine brandsThe new maximum retail prices take effect on 9 November 2026 following trade-margin rationalisation for 137 non-scheduled anti-cancer drugs.29 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READThoothukudi shipyard plan advances with $4 billion investment proposalIndian and Korean partners plan a working group, a proposed joint-venture structure and a detailed project report within six months.28 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READCabinet approves ₹10,000 crore container manufacturing schemeThe scheme targets a tenfold increase in annual domestic container capacity to 7.5 lakh TEUs and support for new and expanded manufacturing facilities.28 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 3 MIN READJio Platforms lists at ₹1,358, a 21.36% premium to its IPO priceJio Platforms began trading at ₹1,358 against an issue price of ₹1,119, putting its listing premium at 21.36%. Business Standard reported a market value of about ₹12.5 trillion at the debut.28 OCT 2026 · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 2 MIN READL&T Q2 FY27 earnings call: what management saidL&T reported a record ₹1.48 lakh crore of order inflow and an order book of ₹8.54 lakh crore, and guided to 10% to 12% revenue growth for FY27.28 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READTata Capital's Q2 profit rises 51% to ₹1,660 crore as its loan book crosses ₹3 lakh croreThe board also approved raising its medium-term note programme from $2 billion to $3 billion.28 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READAmazon and Tata Motors to deploy 3,000 electric trucks across Amazon's India network, with the first batch flagged off in DelhiThe next phase targets the 2,800 km Delhi-Bengaluru-Chennai corridor, and carrier partners will own and operate the trucks.28 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READRupee ends at 95.12 per dollar, up 3 paise, as likely RBI support offsets foreign selling and Brent near $116Traders are watching how much weakness the central bank will tolerate, with the Fed's decision pending.28 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex ends flat at 73,598.87 and Nifty at 22,749.75 as pharma, media and realty gain, while IT and private banks drag and smallcaps rise 2.7%The broader market outpaced the benchmarks, with Brent near $115 and the Fed's rate decision pending.27 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READIndian AI startups chasing US capital find the first customers, compliance and hiring costs the hardest hurdlesAntler India says 75% of startups in its Embark programme now have paying US customers or active pilots, and nearly half have moved to the US.27 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READMNRE sees about $220 billion of clean energy investment opportunity by FY2030, with private firms holding 74% of renewable capacityA ministry official said the 500 GW non-fossil milestone cannot be financed by the public sector alone.27 OCT 2026 · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 2 MIN READDr. Reddy's Q2 FY27 earnings call: what management saidDr. Reddy's said gross margin was 52.1% and EBITDA margin 20.6%, with a roughly 100 basis point hit from freight and input costs, and expects to resume semaglutide supply in early November.27 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READPaytm's Q2 profit rises more than ten-fold to ₹225 crore as revenue grows 28% and EBITDA margin reaches 10%UPI transaction value grew 42% against 19% for the industry, and distribution revenue rose 49%.27 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READTata Communications plans to invest about ₹4,350 crore in a 10,000 km fibre network linking AI data centresThe phased rollout between FY30 and FY36 would add about 6 petabits a second, from operating cash flows.27 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READCCPA fines Britannia ₹1 lakh over its '100% whole wheat bread' claim, after finding the product has 62% wheatThe consumer regulator ordered the advertisement withdrawn from all media and asked for a compliance report within 15 days.27 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNoel Tata challenges the reappointment of N Chandrasekaran as Tata Sons chairman, citing the 17 September board meetingThe resolution passed 4-1. Neither Tata Sons nor Tata Trusts had responded in the reports, which rely on PTI and unnamed sources.27 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READJio Platforms IPO allotment was due on Monday, with refunds and demat credit on 27 October and listing on 28 October at 10 amThe ₹30,213 crore issue closed 22.19 times subscribed, with institutional buyers at 70.55 times and retail at 2.72 times.27 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex gains 483 points to 73,607 and Nifty ends at 22,753 as metals and pharma lead, with Brent near $114.65Midcap and smallcap indices rose more than the headline indices. Infosys was among the Sensex gainers by the close, after falling about 3% early in the day.26 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READUnacademy's cofounders plan a ₹700 crore fund, Longshot Capital, for AI and deeptech startupsGaurav Munjal and Roman Saini have reportedly secured about ₹250 crore to ₹300 crore. The fund plans to back 25 to 28 startups at seed and pre-Series A.26 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READIRDAI extends the feedback deadline on insurance distribution reforms to 31 October, after more than 650 responsesThe proposals include caps on credit life commission paid to lenders. Brokers say the changes could cut their revenue by 60% to 70%.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READAxis Bank's chief says credit growth will ease in the second half and liquidity is tightening, with provision cover at 70% to 75%Amitabh Chaudhry said banks hold about 500 basis points more capital than in the last high-growth cycle and expects retail lending to outgrow wholesale.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READPublic sector banks raised about $12.7 billion through FCNR(B) deposits, and bankers say most depositors used leverageBank of Baroda says it raised almost $8 billion. SBI says about 80% of its depositors chose leverage of 4 to 9 times.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READBPCL's Q2 profit falls 22.5% to ₹4,993 crore as a five-month retail fuel price freeze offsets a refining margin of $32.53 a barrelRefining margin tripled from a year earlier, but retail prices have been frozen for about five months. The company also plans a 10 million tonne refinery at Ramayapatnam.26 OCT 2026 · BY SPECTATE MEDIA DESK
EARNINGS CALLS · 2 MIN READICICI Bank Q2 FY27 earnings call: what management saidICICI Bank reported standalone profit after tax of ₹14,843 crore, up 20.1% on the year, with net interest margin at 4.18% and loans up 30% including lending against FCNR(B) deposits.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READMicrotek commits over ₹400 crore to its solar business, with a Jaipur panel plant due in November and a revenue target of ₹5,000 croreThe home-power maker plans a battery energy storage system and says it wants to reach ₹10,000 crore within two years.26 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READGST tribunal allows Singapore Airlines a ₹45.92 lakh refund on cancelled tickets, but only where fare and tax went back to passengersThe Kochi bench held that eight refund claims for 2019 to 2021 pass the unjust-enrichment test. Tax advisers say the result rests on passenger-level records.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READIndiGo and Air India Express to shift Gulf and Asia flights from Mumbai to Navi Mumbai airport in phases, as Terminal 1 is rebuiltIndiGo will move 12 daily international departures. About 91% of Mumbai airport traffic stays at the existing airport during the redevelopment.26 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READMaharashtra FDA seizes ₹1.56 crore of suspect food stock and suspends seven Mumbai food licencesThe drive covered 43.56 tonnes of food and 719 litres of milk and ghee across the state. The regulator says enforcement will continue.25 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READUltraviolette launches the X-47 Venom electric motorcycle at ₹2.65 lakh on a new 100V platform, with a claimed 343 km rangeThe Bengaluru maker raised $85 million in a Series E round and plans a factory for up to 2.5 lakh vehicles a year.25 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READAir India extends Riyadh and Dammam suspensions to 7 November, as IndiGo and Akasa Air also extend Saudi cancellationsAkasa Air has suspended Riyadh flights until 30 November. Passengers with bookings made on or before 24 October can rebook or take a full refund.25 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READJK Cement's Q2 revenue rises 23.7% on 21% higher grey cement volumes, but profit grows only 6.3%Expenses rose 24.3%, faster than revenue. The board approved a ₹130 crore paints plant in Telangana.25 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READIndia's 2026-27 ethanol tender bars sugar-based feedstock, seeks 1,100 crore litres and cuts the maize incentive by ₹3Maize ethanol is priced at ₹68.86 a litre including incentive, down from ₹71.86. First-quarter allocations depend on pending court proceedings.25 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READApple India's FY26 revenue crosses ₹1 trillion, up 32%, with net profit at ₹5,311 crore, Tofler data showsRevenue was ₹1,04,607 crore against ₹79,060.5 crore a year earlier. The report does not say whether the figures come from a regulatory filing.24 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READGaruda Aerospace's FY26 revenue jumps 67% to ₹206 crore as the drone maker holds approval for a ₹1,000 crore IPOServices revenue rose 84% and product sales 66%. The Chennai company reported a profit of about ₹26 crore, up 41.5%.24 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READGodrej Properties' Q2 profit falls 62% to ₹154 crore, even as collections hit a record for a second quarterIncome rose 38% and half-year bookings reached a record ₹16,659 crore. The chairperson says profit is recognised on project completion.24 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READJio Platforms' IPO closes 22.19 times subscribed with over 1 crore applications, up from 6.15 times in the morningBids were for 4.38 billion shares against 197.5 million on offer. Allotment is due on 26 October and listing on 28 October.24 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READInfosys cuts FY27 growth guidance to 1-2% after a 'soft quarter', while Coforge's profit jumps 56.5%The two IT firms reported opposite quarters. Infosys saw weaker volumes and pricing pressure, and Coforge signed eight large deals and raised its margin outlook.24 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex ends 126 points lower and Nifty at 22,600 for a fourth straight fall, as smallcaps lose 2.9% and Brent nears $114Midcaps fell 2.2% and every sectoral index closed lower, with metals weakest. The indices recovered from their lows of the afternoon.23 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READCureBay raises about ₹100 crore to add rural clinics and AI screening, with 250 clinics in seven states and 17 lakh patients servedThe round is ₹69 crore of equity led by IvyCap and over ₹30 crore of debt. Andhra Pradesh is among the new markets.23 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READSEBI warns investors off invitation-only WhatsApp groups giving stock tips, flagging fake profit claims and planted praiseThe regulator says unregistered people pose as experts, often from overseas numbers, and move members to new groups when old ones are shut.23 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READJio Platforms' IPO was subscribed 5.57 times by the end of day two, with institutions at 13.3 times and retail at 1.54 timesInstitutional bids of about 65 crore shares drove demand. Retail was again the least subscribed category. The issue closes today.23 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READYes Bank is unlikely to pay AT1 coupons despite the Supreme Court ruling, and is preparing a review petition on the ₹8,415 crore write-offRetail holders say the coupon due on 18 October was not paid. The bank's position is that interest is discretionary until the bonds are reinstated in its books.23 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex falls 460 points to 73,249 and Nifty ends at 22,688 for a third straight loss, as Brent hits a four-month high near $112Smallcaps fell more than 1%, IT, FMCG and media led the declines, and pharma was the only sector reported higher. The rupee weakened to about 94.8.22 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READAgrograde's AI sorter for arecanut reaches 89% accuracy in its first commercial deployment in MangaluruThe machine sorts about a tonne an hour and photographs each nut 10 to 12 times. Accuracy rose from about 75% at commissioning after model updates.22 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNavratri vehicle retail hit 11.23 lakh units, up 27% on 2024 but 6.5% below last year, as EVs reached a 10.5% shareFADA blames the gap with 2025 on one extra day and demand pulled forward by GST changes. Passenger vehicles fell 21.9% from last year.22 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READRBI minutes: rate cuts are off the table, all six members backed the hike and two opposed the tighter stanceGovernor Malhotra said the next move can only be a hike or a pause. The committee sees inflation near the 6% ceiling in the December quarter.22 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLT Chandigarh dismisses SEL Textiles' liquidation application and orders a fresh resolution process within 120 daysThe tribunal said earlier plans being rejected does not rule out revival, citing the 2026 IBC amendment that allows a resolution process to be restored before liquidation.22 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READCBDT adds Form 173A, a mandatory report for anyone claiming tax exemption on interest and capital gains from government securitiesNotification 137/2026, dated 19 October, inserts Rule 281A. Filing method and deadlines are not stated in the summary.22 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READJio Platforms' ₹30,213 crore IPO was subscribed about 3 times on day one, with institutions at 9 times and retail at 0.73 timesBids of about ₹74,610 crore came in, and retail was the only category not fully taken up. The issue closes on 23 October.22 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex ends 143 points lower at 73,709.69 and Nifty at 22,811.35, as smallcaps fall 2.4% and only IT gainsMidcaps lost 1.6% on Jio Platforms' first IPO day, the second straight fall for the benchmarks after Tuesday's Dussehra holiday.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READBajaj Finance's Q2 profit rose 29% to ₹6,367 crore and assets under management 26% to ₹5.85 trillion, with some stress in gold loansNew loans grew 11% to 13.45 million, and management said the comparison is distorted because last year's festive season began earlier.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READMoSPI's infrastructure dashboard shows highway awards up 62.9% in April–September, and renewables at 42% of installed power capacityElectronic toll transactions rose 24.1% and air cargo 12%, while non-major port cargo grew only 1.8%, in the dashboard's quarterly update.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READSupreme Court: a profitable company can still be sent to insolvency, as default alone triggers the IBC, in a ₹600 crore hotel loan caseThe Court upheld insolvency admission against two hotel companies on 15 October and set out how default should be proved.21 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READIndia's startup VC funding is flat at $10.9 billion in 2026 so far, but spread across 1,253 rounds, down from 1,982Tracxn data shows bigger cheques in deeptech, AI and clean energy, while consumer tech and finance startups get less.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLT Bengaluru says a State-owned company is not immune from insolvency, and admits a ₹19.25 crore plea against Karnataka's food corporationThe admission order is held in abeyance until 31 October 2026 to give the parties time to settle.21 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READZetwerk's ₹5,012 crore IPO ended 3.1 times subscribed on the last day, with institutions at 4.7 times and retail at 0.77 timesAllotment is due on 21 October and listing on 23 October. The retail portion was not fully taken up at the last count.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READSupreme Court: the 60-day limit for an insolvency appeal runs from the day NCLAT pronounces its order, not from when the copy is collectedIn a tax department appeal, the Court counted 76 days against a 60-day ceiling and dismissed it as time-barred.21 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READTonbo Imaging's ₹852 crore IPO closed 135.9 times subscribed, with institutions at 293.6 times and retail at 31 timesThe issue is entirely an offer for sale. Allotment is due on 21 October and listing is expected on 23 October.21 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READTonbo Imaging's IPO was subscribed 40.8 times by day three, while Zetwerk's ₹5,012 crore issue drew 1.07 times with retail at 51%Zetwerk's issue was priced at ₹143 to ₹151 and Tonbo's at ₹665 to ₹700, with Tonbo's listing expected on 23 October.20 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READEven Healthcare raises $50 million in a Series B led by Khosla Ventures to open more hospitalsThe Bengaluru managed-care startup plans one more hospital by the end of 2026 and three more by the end of FY27.20 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READJio Platforms raises ₹8,110 crore from 212 anchor investors, with institutional demand of nearly ₹2.5 lakh croreDomestic mutual funds took ₹2,785 crore and insurers and pension funds ₹1,090 crore, ahead of the public issue on 21–23 October.20 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READFinance Ministry says no legal bar to reducing the Centre's IDBI Bank stake, citing a 2018 Delhi High Court rulingThe statement follows the Cabinet's 14 October clearance of Fairfax's 60.72% purchase, after which the Centre and LIC will hold 34% together.20 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 2 MIN READSensex falls 876 points and Nifty ends at 22,889 as private banks and IT drag, while PSU banks gain 2.4%The Nifty Private Bank index lost 1.85% after bank results, and crude oil stayed around $107 a barrel.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READInsolvency rulings: settlement alone cannot end a CIRP, and a failed OTS is not a fresh defaultA LiveLawBiz digest of the week to 3 October covers seven Supreme Court, NCLAT and NCLT rulings on defaults, guarantors and moratorium.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READRBI sanctions merger of Emirates NBD's three Indian branches into RBL Bank from 1 DecemberThe branches in Mumbai, Gurugram and Chennai will become RBL Bank branches after the lender's roughly ₹26,000 crore foreign investment.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READElectric vehicle retail hit a record 3.34 lakh units in September, with electric two-wheelers up 88.7%TVS led electric two-wheelers, Tata Motors led electric cars, and Ola Electric was the only major maker to fall on the year.19 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READBoldfit raises ₹400 crore Series B, the largest of six startup rounds worth $123 million in one weekBharat Value Fund led the round, which will fund offline retail and new categories such as recovery technology and smart wearables.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READIndia's vehicle retail sales hit a record 25.37 lakh units in September, up 31.8%, but FADA calls the figure base-distortedFirst-half FY27 retail rose 20.77% to 1.55 crore units, and passenger-vehicle dealer stock is at 43–45 days against a recommended 21.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READAxis Bank's Q2 profit rose 38% to ₹7,003 crore and Yes Bank's 65%, while IDBI Bank's fell 39%Lower provisions lifted Axis Bank, and IDBI's fall reflects a ₹1,699 crore one-time gain a year ago.19 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READGST Council recommends ending arrest powers and raising the prosecution threshold from ₹1 crore to ₹5 croreThe 57th meeting changed no rates, proposed no notices below ₹10,000, and put most changes from 1 April 2027.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READNCLT approved 107 resolution plans worth ₹11,071 crore in July–September, against 60 a year earlierFive benches account for more than 94% of the value, while 294 plans are still pending and 14 member posts are vacant.19 OCT 2026 · BY SPECTATE MEDIA DESK
INNOVATION · 2 MIN READEnterprise AI startup RapidCanvas raises $29 million Series B led by Vertex VenturesThe round, about ₹280 crore, will fund go-to-market and AI engineering teams across India, the US and Brazil.18 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READCabinet clears Fairfax's purchase of a 60.72% stake in IDBI Bank for ₹52,877 croreThe winning bid was ₹81 a share, and the Centre and LIC will together keep 34%.18 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READHDFC Bank Q2 profit rises 4.7% to ₹19,510 crore as treasury gains fall 67%Net interest income rose 9.7% to ₹34,620 crore, and profit excluding treasury gains grew about 12.6%.18 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 1 MIN READPersistent Systems Q2 revenue rises 25.5% to ₹4,494 crore while profit is up 2.4%Net profit was ₹482.89 crore, flat against the June quarter, and the net profit margin fell to 10.7% from 13.2%.18 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 1 MIN READIndia's forex reserves fall $12.95 billion to $734.61 billion in the week to 2 OctoberForeign currency assets fell $10.66 billion and gold holdings fell $2.29 billion, but reserves remain $34.6 billion above a year ago.18 OCT 2026 · BY SPECTATE MEDIA DESK
TAX & POLICY · 2 MIN READSEBI proposes market-cap bands and a ₹3 crore profit test for SME IPOsThe consultation paper of 14 October would raise the minimum application to ₹1 lakh and the minimum allottees to 500. Comments close on 4 November.18 OCT 2026 · BY SPECTATE MEDIA DESK110 of 256 storiesLoad more stories