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Updated: 6 min 23 sec ago
Jio IPO anchor book sees over 30x demand, draws record bids worth ₹2.5 trn
Jio Platforms' ₹8,110 crore anchor book draws bids exceeding ₹2.5 trillion, with global investors, mutual funds and insurers competing for shares ahead of its ₹30,213 crore IPO
MIAL reiterates summer 2027 flight shift plan despite airlines' objections
MIAL says airlines can decide whether to move flights to Navi Mumbai or explore alternatives as Mumbai airport prepares to cut capacity by 5 million passengers from summer 2027.
Piramal Finance Q2FY27 results: Net profit zooms 67% to ₹545 crore
Piramal Finance reports a 67% year-on-year jump in Q2 net profit to ₹545 crore, driven by strong core income growth, higher assets under management and improved cost efficiency
Punjab & Sind Bank Q2 net profit surges 40% to ₹412 cr on improved income
Punjab & Sind Bank reports a 40% year-on-year rise in Q2 FY27 net profit to ₹412 crore, supported by higher interest income and improved asset quality
US is 'very close' to finalising a trade deal with India: Marco Rubio
US Secretary of State Marco Rubio says India and the US are close to finalising a trade deal, with Russian oil purchases and tariff waivers among the key considerations
Just Dial Q2 profit declines 9.73% to ₹107.8 cr despite 13% revenue growth
Just Dial's revenue from operations rose 13.11 per cent to Rs 342.82 crore in Q2 FY27, while total expenses increased 14.6 per cent and net profit fell to Rs 107.8 crore
Ireda Q2 net profit edges up at ₹554 crore, loan disbursements rise 31%
Ireda's loan disbursements rose 31 per cent to Rs 10,579 crore in the September quarter, while its loan book grew 15 per cent and net NPAs declined to 1.08 per cent from 1.97 per cent
India flags off first consignment to New Zealand under free trade pact
The first shipment, a Maharashtra-made JCB mini excavator, marks the start of zero-duty access for Indian engineering goods as both nations aim to double bilateral trade by 2030.
Tata Trusts replies on SDTT complaint; Charity Commissioner to decide soon
Sir Dorabji Tata Trust has submitted its response to governance complaints filed by two trustees, with the Maharashtra Charity Commissioner expected to decide the next course of action
Waaree Renewable Technologies Q2 net profit falls over 29% to ₹81 crore
Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to ₹81.48 crore as higher expenses weighed on earnings, even as revenue rose to ₹1,057.84 crore.
Naval platforms worth ₹2.41 trn accorded AoN, RFP out for four LPDs: VCNS
Vice Chief of the Naval Staff flags AI, advanced propulsion and quantum tech as focus areas ahead of navy's Swavlamban 2026 innovation and indigenisation seminar
Even Healthcare raises $50 mn in Khosla Ventures-led Series B funding
The managed care company plans to open five hospitals across Bengaluru over the next six months as its valuation triples from its previous fundraise, taking total funding past $120 million.
Hindustan Zinc Q2 net profit surges 142% to ₹6,412 cr on record Ebitda
Revenue rises 77% to Rs 15,093 crore, while zinc production costs fall 29% to $703 per tonne, aided by improved mined grades, higher output and renewable power use
Sopra Steria leases 4.74 lakh sq ft office space in Noida for 15 years
The French technology company has leased office space at Maconns Grande in Noida's Sector 132 for 15 years at a monthly rent of Rs 3.755 crore, with a 10% escalation every three year
Jio Platforms draws nearly $25 billion in IPO anchor investor bids
Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be India's biggest ever IPO
L&T Technology Services posts ₹548 crore Q2 profit, declares dividend
L&T Technology Services reported consolidated revenue from operations of Rs 3,040 crore in the second quarter and declared an interim dividend of Rs 20 a share for FY27
Auto tech cos raise $1.3 bn across 97 funding rounds in 2026 so far: Tracxn
The funding rounds were led by ride-hailing firm Rapido's $240 million, followed by electric two-wheeler manufacturer Simple Energy's $180 million and River's $102 million
Alembic Pharma receives USFDA approval for generic ear infection drug
The product is indicated for the treatment of certain ear infections in paediatric patients aged six months and older, as well as adults and elderly patients
ZF expects India sourcing to grow 10-15% annually over next 3-4 years
ZF Group has seen India sourcing rise 20% in three years and expects further growth, citing a 20% cost advantage from Indian suppliers even after shipping expenses
ACME Solar signs 300 MW power supply pact with Seci at ₹6 per unit
The assured peak supply under Seci's FDRE-IX tranche was at a tariff of ₹6 per unit, with an effective date of October 6, 2026, a company statement said