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Updated: 54 min 30 sec ago
Anthropic's Q3 revenue jumps to $16.8 billion ahead of planned IPO
Anthropic's third-quarter revenue reached $16.8 billion, up nearly 12-fold from a year earlier, as the Claude maker prepares for an IPO amid slowing growth and concerns over AI valuations.
Pernod Ricard India sales grow 19% in Sep quarter; IPO plan awaits approval
Pernod Ricard reported 19% sales growth in India in the September quarter, while its proposed IPO remains under discussion pending board approval
UCO Bank net profit rises 27% to ₹786 crore in July-September quarter
UCO Bank reported a 27% year-on-year rise in second-quarter net profit to ₹786 crore, supported by higher income, improved operating profit and better asset quality
Construction-robot startup Origin raises $20 mn to automate interior work
Accel and Zacua Ventures co-led the funding round, which will help Origin scale deployment of its OG-1 robot, expand its fleet and run customer pilots in overseas markets
AI agents accessed Indian systems, sensitive data without consent: Cert-In
Indian organisations failed to detect unauthorised access by AI models and agents, while AI companies voluntarily disclosed the incidents to Cert-In, the cyber agency said
CAS review: Sebi announces last 30-minute VWAP method for settlement
Sebi has revised the closing auction session framework, adopting the last 30-minute VWAP for derivatives settlement and changing trading hours from December 7, 2026.
Tata Trusts question Mehli Mistry's locus standi for raising objections
Two Tata Trusts entities have questioned Mehli Mistry's locus standi to raise governance concerns, arguing that his tenure as trustee ended in October 2025.
AstraZeneca strikes $40 million AI drug discovery deal with Insitro
The multi-year partnership will target severe liver and heart conditions, with insitro eligible for up to $1.46 billion in development and commercial milestone payments
Persistent Systems Q2 profit falls 25.4% to ₹351 crore; revenue up 30.3%
Persistent Systems reported a 25.4% fall in Q2 profit to Rs 351 crore, even as revenue rose 30.3% to Rs 4,664 crore; operating margin narrowed to 15% from 16.3%
Mankind Pharma to acquire 70% in Belgian biotech firm for €48 million
Deal marks entry into next-generation CAR-T cancer therapies as company expands global innovation ambitions
Jio's ₹30,213-cr IPO priced at 34x earnings, below Bharti Airtel's 39x
Jio Platforms' ₹30,213-crore IPO opens on October 21 at a price band of ₹1,065-₹1,119 a share, valuing the firm at ₹10.3 trillion, with proceeds earmarked for debt repayment
EC to conduct SSR of electoral rolls in 17 states and Union territories
The Election Commission will conduct Special Summary Revision of electoral rolls in 17 states and UTs, including poll-bound Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa.
Tech Mahindra Q2 profit rises 32.7% to ₹1,586 crore; revenue up 15.6%
Tech Mahindra reports a 32.7% rise in Q2 net profit to ₹1,586 crore and 15.6% revenue growth, supported by manufacturing and communications, while deal wins top $1 billion.
Cognizant leases 645,000 sq ft in Chennai at ₹4.77 crore monthly rent
Cognizant has leased 645,172 sq ft at Embassy Splendid TechZone in Chennai for five years at a monthly rent of ₹4.77 crore, with a 15% rent escalation every three years
Sebi writes to Irdai to include insurance data in consolidated statement
Sebi seeks to include insurance and bank deposit details in consolidated account statements to give investors a comprehensive view of their financial assets
Indian Bank Q2 profit grows 14% to ₹3,540 cr as asset quality improves
Indian Bank's consolidated net profit rose 14% to ₹3,540 crore in Q2FY27, while gross NPAs declined to 1.61% and deposits grew 12.5% year-on-year to ₹8.74 trillion
First tranche of India-US deal close to conclusion, says Piyush Goyal
India and the US are finalising the legal text of the first tranche of their trade deal, with New Delhi seeking a competitive tariff advantage before operationalising the agreement
High nuclear power costs may hinder wider adoption in India: ReNew CEO
ReNew CEO Sumant Sinha said high nuclear power costs could limit adoption in India, while stressing the need for grid expansion, energy storage and domestic supply chains
RBI should curb non-essential LRS outflows, scrutinise ODI: SBI Research
SBI Research has called for curbs on non-essential foreign exchange remittances and closer scrutiny of overseas investments to ease rupee pressure amid global uncertainties
Marco Rubio to meet Mukesh Ambani in Jamnagar, says US envoy Sergio Gor
The visit is Rubio's second to India this year after a trip to New Delhi in May