Market news

Invesco, Motilal Oswal, and HSBC logged over 10% QoQ growth, while SBI MF drove overall industry volumes, adding ₹53,146 cr

ElevenLabs currently offers speech-to-text and text-to-speech services in 14 Indian languages and plans to cover all 22 official languages over the next year

ElevenLabs is expanding its voice AI services across Indian languages as businesses and governments explore more natural ways to interact with AI

The court granted interim relief to Reliance Consumer Products against an FSSAI directive restricting the use of the term 'energy drink' for high-caffeine beverages

The combined Maharashtra business is expected to generate around ₹500 crore in revenue this year, with plans to establish a presence in every district headquarters

L&T Realty plans large residential launches across Mumbai, NCR and Bengaluru as it expands its portfolio and builds a development pipeline with 12-quarter visibility

Razorpay Engage is rewriting product catalogues, managing campaigns and measuring performance as brands look to reach consumers discovering products through AI chatbots

About 90 per cent of Meesho's active creators are nano-creators, while 81 per cent come from non-metro India and 66 per cent of orders come from Tier-III and Tier-IV markets

Dabur expects its home and personal care business ‌to post double-digit growth, with hair oils and shampoos likely to grow in the ​high ‌teens, supported by demand for perfumed and coconut hair oils

The relief came after the Food Safety and Standards Authority of India (FSSAI) in June directed makers of high-caffeine beverages sold as 'energy drinks' to stop using the description

Jio has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing

Formoflo-G MDI combines three established therapies in a twice-daily inhaler after DCGI approval, targeting India's large COPD patient pool

Arcil, Karamtara Engineering, Glass Wall Systems, Kanohar Electricals and Veegaland Developers are scheduled to announce their quarterly financial results on Tuesday.

Adani Power on Tuesday said it has inked a pact with Bhutan's state utility Druk Green Power Corp Ltd for setting up the 770 MW Chamkharchhu-I Hydroelectric Project in the Kingdom of Bhutan. Adani Power and DGPC, Bhutan…

New 15 g and 45 g packs target the US OTC dermatology market, where the comparable Differin gel segment recorded $45.8 million in annual sales

Frozen foods such as French fries, pizzas and dumplings are gaining ground in India as consumers seek convenience amid a quick-commerce boom

IEX traded 39.7 billion units of electricity in Q2 FY27, up 12.7% year-on-year, while day-ahead and real-time market clearing prices rose sharply

The new centre brings together founders, investors, government, academia and global technology companies to shape policy, research and ecosystem initiatives

BIS-certified E350 structural steel can retain two-thirds of its room-temperature yield strength at 600°C for up to three hours, enhancing structural resilience during fires

The digital platform enables declaration, assessment, payment and monitoring of mineral royalties, aiming to improve transparency, compliance and revenue administration

Tata Sons Chairman N Chandrasekaran says India needs continued investment in advanced and precision manufacturing, energy security and human capital for long-term growth

Noice currently partners with 75 food entrepreneurs and plans to expand to over 500 products, backed by a financing programme offering up to ₹5 crore in formal credit

The investment will support myTVS' growth in India and expansion into international markets, initially focusing on opportunities across the Middle East and North Africa

The investment will strengthen international travel supply, on-ground support and holiday offerings for customers across Cleartrip and Flipkart Travel

Hero Future Energies will retain a 51 per cent stake in the 500 MW Karnataka project, which combines wind and solar power with large-scale battery energy storage

The native API integration combines cloud security findings with data classification, helping security teams investigate and prioritise risks to sensitive business data

Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals

Deposits increased to ₹1.56 trillion and gross advances to ₹1.43 trillion, while the CASA ratio declined to 27.2 per cent despite growth in low-cost deposits

The sale to Auxilo Finserve forms part of a strategic realignment under which PhysicsWallah plans to shift lending activities to established third-party NBFCs

The country's biggest listing to date is Hyundai Motor India's $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO

Under the MoU, the two companies will collaborate to establish Battery Energy Storage System (BESS) manufacturing capacity of up to 1.5 GWh

The EPC orders span transmission lines, substations and cabling works, with projects aimed at strengthening grids and supporting renewable energy evacuation

Raymond Realty's Q2 FY27 pre-sales rose 98% to ₹902 crore, while collections increased 67% to ₹682 crore despite launching no new projects during the quarter

A Hyderabad consumer commission ordered PVR Cinemas and PVR Inox to pay compensation, litigation costs and punitive damages after ads delayed movie screening by nearly 22 minutes

9-MTPA Chandrapur complex to be built in two phases, with 30,000 direct and indirect jobs; company to begin approvals in FY27

L&T's Power Transmission & Distribution (PT&D) business has secured multiple orders in India and overseas to strengthen power transmission infrastructure and facilitate renewable energy evacuation

The company said its higher-end value-added hair oils segment, which includes premium and specialised products, posted growth touching twenties for the sixth straight quarter

Three of the companies reporting today-RentoMojo, LCC Projects and Steamhouse India-made their stock market debuts last month

20 crore shares pledged against Krutrim Data Centre debentures to fund Aggarwal's subscription to the issue

Realty major DLF Ltd on Sunday said it has sold all 172 senior living homes for Rs 1,985 crore at Gurugram, amid high demand for luxury housing properties. In a regulatory filing, DLF, the country's largest real estate …

Flipkart attributed the growth in sellers to its zero-commission model, simplified onboarding and AI-led tools aimed at improving selection, pricing and catalogues

Lithium-ion battery distribution and service network startup Pointo is betting big on the expanding e-auto segment, battery storage systems (BESS) and second-life products to bolster its revenue, while actively engaging…

Japanese imaging and optical major Canon had discussions with all those engaged in key semiconductor manufacturing projects in India and plans to bring its technology and service centres to the country, said its India P…

India's top IT companies are likely to report muted revenue growth and broadly steady margins for the July-September quarter as clients keep discretionary budgets tight, with focus on how quickly strong bookings turn in…

The IPO is expected to be based on the company's existing valuation of $4.4-5 billion, with the issue targeted for March-April next year

India is NetApp's fastest-growing market in Asia, with the BFSI, manufacturing, IT services and public sectors - particularly central and state government departments - as key drivers of the company's revenue growth, CE…

Digital services major Jio Platforms is likely to get listed by the end of this month at an enterprise valuation of USD 143-146 billion or above Rs 12 lakh crore, sources tracking the development said. Jio Platforms IPO…

The Kuku TV and Kuku FM parent reported FY26 net revenue of ₹1,484 crore and a profit of ₹182 crore, as it builds a 1,000-member AI-led production unit ahead of its planned IPO

State-owned GAIL (India) Ltd's Director (Marketing) Sanjay Kumar has been appointed Managing Director and Chief Executive Officer of Petronet LNG Ltd, effective May 13, 2027, when the position falls vacant. According to…

The CBI has filed a charge sheet in the Rs 3,750-crore cheating case against Reliance Communications Ltd. (RCom), former executives of the group and a former Chief Investment Officer of Life Insurance Corporation of Ind…

Avenue Supermarts, which owns and operates the retail chain D-Mart, reported an 18.4 per cent rise in standalone revenue from operations to Rs 19,206.18 crore for the second quarter ended September 30, 2026. The company…

Private refiners are cashing in on export margins, while state-run OMCs absorb losses from controlled pump prices and rising domestic demand

Anant Ambani says the compressed biogas projects will create over 300,000 jobs and generate ₹600 billion in revenue for Andhra Pradesh over the next few decades

Mishra will take charge as chief operating officer from October 6 and as MD & CEO from October 14 or the date of IRDAI approval, whichever is later

Reliance Industries plans to invest Rs 1 lakh crore in Andhra Pradesh to set up compressed biogas plants, creating more than 3 lakh jobs and generating nearly Rs 60,000 crore in revenue for the state over the coming dec…

The project is expected to create around 30,000 jobs, including 10,000 direct and 20,000 indirect roles

The Adani Group has completed or is executing projects worth Rs 2.6 lakh crore in Maharashtra out of an investment commitment exceeding Rs 6 lakh crore across sectors, including energy, aviation, urban regeneration, dat…

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

Investors ‌have poured large ​sums into ​early-stage startups building defenses against AI-driven ​cyberattacks.

Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre

Mahindra Group on Thursday said it is in preparatory discussions with Brazilian aircraft maker Embraer to create an industrial and support ecosystem for the military transport and aerial refuelling aircraft C-390 Millen…

Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms

Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development. The ro…

TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year. During the month under review, total two-wheelers registered a growth o…

Supplies to the power sector rose 10.63 per cent to 48.9 million tonnes in September, while coal production increased 9.18 per cent to 53.5 million tonnes, CIL said

A 10-day expedition will take 22 riders through Madhya Pradesh's wildlife and heritage destinations as the partners develop motorcycle routes and promote responsible tourism

Londhe will lead global strategy and international expansion, while former CEO Jose Thattil becomes executive chairman to oversee strategy, fundraising and partnerships

Sindhuja Microcredit raised ₹100 crore through NCDs, while Carlsberg India received Sebi's observations for a ₹6,600 crore IPO involving a stake sale by its parent

Canara Bank's domestic advances rose to ₹12.63 trillion and deposits to ₹15.48 trillion, while several other lenders also reported strong credit growth in quarterly updates.

Flipkart says homegrown brands have grown 60 per cent in Tier 2 and Tier 3 markets, while its beauty and general merchandise category is growing nearly 50 per cent

Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO). The proposed IPO comprises a fr…

HDFC Bank board appoints Anup Bagchi as MD, CEO with effect from October 27

The US-based platform will partner with Indian developers through Ciril to curate branded projects, initially targeting eight markets with access to over 300 global brands

Brands joining Nykaa Fashion's Hidden Gems accelerator will pay no commission for six months and gain access to marketing support, mentorship and preferential visibility

NTPC has reported about 13 per cent year-on-year growth in power generation to 117.9 billion units (BUs) in July-September from 104.4 BUs in the year-ago quarter. "NTPC recorded robust growth across generation, coal dis…

State-owned IndianOil has invited expressions of interest from aggregators to manufacture, distribute and roll out its own packaged drinking water brand across its nationwide retail network

The issue comprises a fresh issue of up to Rs 550 crore and a Rs 450 crore OFS, with proceeds earmarked for AI, talent expansion and acquisitions

Adani Green Energy Ltd (AGEL) has expanded its operational battery energy storage system capacity to 6.63 GWh, which can store enough clean energy to power around two million homes a day. With this, the company has achi…

Maruti Suzuki India Ltd on Thursday reported a 24.4 per cent rise in total sales at 2,36,013 units in September, as compared to 1,89,665 units in the same month last year. The total figure includes domestic, exports and…

Venu Srinivasan and Vijay Singh said no SDTT meeting had authorised the September 28 proposal and called for collective deliberation on its legal, financial and governance implications

The company has secured tolling contracts for the Gorakhpur Link Expressway and Velanchettiyur Fee Plaza, and expects over ₹400 crore revenue from the vertical in two years

The sale, approved by the board on Thursday, comes as MTNL continues to face financial struggles and is monetising its non-core assets

Refiners are shifting from relying on Gulf producers and traders to transport crude through Hormuz, seeking to reduce the premium paid for cost-and-freight shipments

Amazon Now has doubled its footprint in two weeks, bringing minute-level deliveries to customers in cities including Amritsar, Abohar, Jalandhar, Ambala, Mangalore, Manipal, Vizag, Kochi, Changanasser

To support the launch and expand this therapeutic segment, the company has set up a dedicated dermatology business unit, the filing said.

Upasana Taku bought 1.07 lakh MobiKwik shares in two open-market transactions at about ₹198-199 apiece, taking her holding in the fintech firm to 80.65 lakh shares

Lender seeks insolvency proceedings against Mumbai Metro One over alleged ECB default; NCLT flags limitation, Section 10A and other defects in the petition

Tata Trusts senior trustee Venu Srinivasan has sought an investigation into why the philanthropic arm is increasingly intervening in the commercial ‌affairs of Tata Sons.

Twenty-two companies proposed investments worth ₹695.18 crore across Uttar Pradesh at the UP International Trade Show, with the projects expected to create over 2,500 jobs

Next-gen pipeline spans higher-dose, combination and oral therapies; company says it can meet India's demand for GLP-1 medicines as the market expands

The state-run bank ‌is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering

MRPL ​notified buyers ​that it had withdrawn tenders to ​export diesel, jet fuel and reformate later this month, according to three company notices

JSW Cement will issue five shares for every 41 Shiva Cement shares held by public shareholders; the proposed merger is expected to be completed within 12-14 months

India is a "prominent" market for Japanese imaging and printing solutions provider Canon that has "long-term growth ambitions" as it looks to tap rising demand in smaller cities, said its India President & CEO Toshiaki …

Vedanta Ltd on Wednesday said that it has raised Rs 2,000 crore crore through issuance of non-convertible debentures on a private placement basis. The fundraise is aimed at diversifying the company's funding mix and bol…

The Atlanta-based drinks giant has also added Axis Capital Ltd. and IIFL Capital Services Ltd. to the roster of banks working on the Hindustan Coca-Cola Beverages Pvt deal

Vatika Group's Chairman and MD Anil Bhalla and promoter Gautam Bhalla were arrested on Tuesday under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002

The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028

The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations

Fungal growth on food materials, presence of insects, poor hygiene, filth and odour were observed during the inspection, according to the regulator

JSW Cement Ltd, part of Sajjan Jindal-led JSW Group, will merge with its listed subsidiary Shiva Cement, a move that will create a "single unified cement platform" and unlock operational, financial and management synerg…

FSSAI said it had suspended the licence of Seven Seas Hospitality after finding 'serious non-compliances' during an inspection of its food premises

Under the MoU, Replus intends to make available dedicated BESS production capacity of 1.5 GWh over two years to support the evolving energy requirements of telecom infrastructure

The edtech startup, backed by Accel and Prosus Ventures, plans to enter new states and CBSE while strengthening its AI research and vernacular-language capabilities

The Dots agents aim to capitalize on growing demand for agents that can handle everyday work with little supervision.

Supreme Court says the forensic audit must remain confined to transactions involving Fortis Healthcare, its holding company, judgment debtors and concerned banks

The chairman of Tata Trusts said the charity's proposed reorganisation of Tata ​Sons complies with RBI ​guidelines and could spare the salt-to-software conglomerate a stock ‌market listing.

Appellate tribunal seeks replies within a week and will hear interim relief pleas on October 29-30; Chandra challenges NCLT's September 1 order

N Venkataraman will oversee finance, strategy, legal, secretarial and IT functions, while Ramamurthy Jayaraman will take over as chief financial officer from October 1

From assembling iPhones to building semiconductor facilities, Tata Electronics has grown rapidly, with revenue rising from ₹1.9 crore in FY22 to ₹1.31 trillion in FY26

IHH says India remains a key strategic market as it plans to deepen its Fortis investment, despite a Supreme Court-ordered forensic audit into past transactions

Listing could be delayed by another one to two years as Walmart takes a wait-and-see approach; some former employees may seek clarity on the IPO timeline

Malaysia-based IHH Healthcare has announced plans to hike its stake in Fortis Healthcare to 51 per cent over the next three to five years and expand total capacity to around 10,000 beds by 2031. The statement follows th…

The 10-year lease at Gardencity IT Park in Hebbal commenced on September 22, with monthly rent of about ₹4.7 crore; Colliers advised on the transaction

Proposed 350-bed facility in UP to strengthen Global Health's footprint across Delhi-NCR healthcare market

The real estate conglomerate plans to use the ​proceeds to invest in rupee-denominated bonds to be issued later by a local group entity.

MUMBAI, Sept 29 (Reuters) - India's Sun Pharmaceutical Industries is planning to raise around 100 ​billion rupees ($1.04 billion) via a upee-denominated debt sale ​to partly fund a bridge loan it took to acquire ‌US hea…

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to creditors on a plea filed by Essel Group Chairman Subhash Chandra and scheduled the matter for hearing on October 29 and 30. Chandra had c…

Fitch Ratings has revised the outlook on OYO parent Oravel Stays' long-term foreign and local-currency issuer default ratings (IDRs) to 'positive' from 'stable', reflecting its view that OYO will deleverage driven by EB…

The plan includes a proposed $15 billion steel complex in Iowa and nearly $3 billion already invested in a Minnesota iron ore mine and pelletising facility