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Business News

Which are the top 5-star safety rating EVs in India?

  • EVs which have 5-star Bharat NCAP rating in India are Mahindra XEV 9e, Mahindra BE 6, Tata Harrier EV, Tata Punch EV and Tata Nexon EV. Mahindra XEV 9e has a starting ex-showroom price of ₹21.90 lakh, while Mahindra BE 6 and Tata Harrier EV have starting ex-showroom prices of ₹18.90 lakh and ₹21.49 lakh, respectively.
    • -Hindustan Times

Who are India's richest tech billionaires of 2025?

  • HCL co-founder Shiv Nadar is India's richest tech billionaire with $33.2 billion wealth, as per Forbes India Billionaires List 2025. Wipro founder chairman Azim Premji has ranked second with $10.8 billion, followed by Zoho founder Sridhar Vembu ($6 billion), Infosys co-founders Narayana Murthy ($4.6 billion) and Senapathy Gopalakrishnan ($3.7 billion).
    • -Free Press Journal

Why is fitment factor crucial for govt staff under pay commission?

  • Fitment is a key factor in calculating revised salaries under every pay commission. It is multiplied by the basic pay under the previous pay commission to determine the basic pay under the new pay commission. It helps government employees and pensioners calculate their salary hike. The 8th Pay Commission might apply a fitment factor of 1.96, according to reports.
    • -NDTV Profit

Tata Trusts' lifetime trustee rules face scrutiny amid row: Report

  • Lifetime trusteeship rules at Tata Trusts are being scrutinised as the tenure of some trustees is expiring at the end of this month, Business Standard reported. Trustees must be first reappointed once their term ends to become eligible for lifetime trusteeship, the report said. The scrutiny of rules comes amid an ongoing standoff at Tata Trusts.
    • -Moneycontrol

Adani, Airtel partner with Google to build AI data centre in Vizag

  • Adani Enterprises and Bharti Airtel have partnered with Google to build India's largest AI hub and data centre campus in Andhra Pradesh's Visakhapatnam. Airtel and Google will jointly establish the purpose-built data centre as well as a state-of-the-art cable landing station. Adani and Google partnership includes next-generation data centre campus development and green energy infrastructure.
    • -Reuters

Sensex dips 550 points to close near 82,000 even as gold rises

  • Sensex and Nifty dipped over 0.3% each on Tuesday as PSU bank and midsmall IT and telecom stocks dragged the indices down. Sensex fell nearly 550 points from the day's high to end just above 82,000 while Nifty tumbled 165 points from the day's high and closed at 25,145.50. This comes despite gold prices hitting record highs on Tuesday.
    • -NDTV Profit

More Indians heading overseas for luxury & longer holidays: Report

  • Premium and luxury travel bookings have grown 35% to 40% as Indians travelling abroad for holidays are increasingly opting for longer and more luxurious experiences, Moneycontrol reported citing data from travel operators. Notably, Indians have spent $50 billion on overseas travel in last three years. European destinations like Switzerland and France continue to be in demand among Indian tourists.
    • -Moneycontrol

UP announces Diwali bonus for staff, free LPG refill for women

  • UP government announced Diwali bonus for 14.82 lakh state employees, with each eligible staffer to receive up to ₹6,908. Scheme applies to personnel under pay matrix level 8, whose monthly salaries range from ₹47,600 to ₹1,51,100. Additionally, 1.86 crore Ujjwala Yojana beneficiaries will get a free LPG cylinder refill and government will reimburse amount directly to their linked bank accounts.
    • -ABPLive

India proved doubters wrong: IMF chief on 'boldness' of reforms

  • International Monetary Fund (IMF) chief Kristalina Georgieva said she's "very big on India because of the boldness of their reforms". "Everyone told India that digital identity on a mass scale could not be done…but India proved them wrong," she said. Lauding India's economic and technological reforms, Georgieva added China is "decelerating steadily while India develops into a key growth engine".
    • -NDTV

Meta and Oracle adopt Nvidia switches for AI data centres

  • Meta and Oracle have upgraded their AI data centres with Nvidia's Spectrum-X Ethernet switches, the technology built to handle the growing demands of large-scale AI systems. The Spectrum-X platform delivers 1.6 times higher networking performance for AI communication compared to conventional Ethernet. Meta is integrating the switches into its Facebook Open Switching System.
    • -Nvidia

Google's plan to build AI Hub in India aligns with Viksit Bharat: PM Modi

  • PM Narendra Modi said Google's $15 billion investment to develop an AI Hub in Visakhapatnam aligns with India's vision to build a Viksit Bharat. "It'll be a powerful force in democratising technology...and will also ensure AI for all, delivering cutting-edge tools to our citizens," he added. "It'll boost our digital economy...securing India's place as a global technology leader," Modi said.
    • -X

LG Electronics India's S Korean MD ditches English, speaks in Hindi at firm's listing ceremony

  • LG Electronics India's South Korean MD Hong Ju Jeon delivered his speech in Hindi instead of English at company's listing ceremony at NSE. "This IPO isn't just financial achievement for LG but the start of a new future that we'll build with Indians," Jeon said in Hindi as audience cheered for him. He started and ended his speech with 'Namaste'.
    • -X (formerly Twitter)

How are big VC firms driving industry innovation?

  • Leading venture capital firms are not just financiers by investing in frontier technologies like AI, biotech, and sustainability, they help define industry roadmaps and attract global talent. Their networks amplify ecosystem collaboration, enabling startups to scale faster. These firms also shape market standards by influencing emerging sectors, setting the pace for how future economies evolve.
    • -GrowthJockey

What roles do VC accelerators play in startup growth?

  • Venture capital accelerators are catalysts that combine funding with mentorship, market validation, and network access. They provide structured programs that help startups refine PMF, improve investor readiness, and accelerate time-to-market. By connecting founders to industry mentors, partners, and pilot opportunities, accelerators reduce operational risks while increasing scalability.
    • -GrowthJockey

How are smart assistants reshaping buyer personas?

  • Smart assistants like chatbots and voice agents are redefining buyer personas by turning static profiles into adaptive models. They gather real-time behavioral data—queries, tone, preferences, and timing—helping marketers refine audience segmentation. Assistants learn from each interaction; they continuously update personas, enabling brands to predict intent and deliver more human-like engagement.
    • -GrowthJockey

How should performance and creative co-exist in marketing?

  • Performance marketing and creative storytelling often operate on opposite ends- one data-driven, the other emotionally led. But long-term success depends on their alignment. Creative campaigns capture attention and shape brand perception, while performance insights guide optimisation and targeting. When merged strategically, they deliver both measurable conversions and enduring brand value.
    • -GrowthJockey

Adani shares rise on announcing partnership with Google

  • Adani Enterprises Ltd rose to an intraday high of ₹2,538.80, up 0.49%, after announcing a partnership with Google to build India’s largest AI data centre in Visakhapatnam. The USD 15 billion project will include AI infrastructure, subsea connectivity, clean energy, and generate tens of thousands of jobs.
    • -Trade Brains

Apis India Board recommends 24:1 bonus share issue & capital hike

  • Apis India Limited's Board of Directors of approved and recommended a bonus Share issue in the ratio of 24:1, meaning 24 new fully paid-up equity shares of ₹10 each for every 1 existing share. This proposal is subject to shareholders' approval. The paid-up share capital will increase from 55.1 lakh shares worth ₹5.51 crore to 13.7 crore shares worth ₹137.7 crore.
    • -Dalal Street Investment Journal

Aptus Value Housing stock in focus after Morgan Stanley sale

  • Aptus Value Housing Finance rose 0.5% to ₹312.65 as BNP Paribas purchased 3.34 lakh shares at ₹315.25, worth ₹10.52 crore from Morgan Stanley. The bulk deals highlight shifts in institutional sentiment, even as the company reports strong Q1FY26 financial growth. The company reported Q1FY26 revenue of ₹520 crore, up 31.6% year-on-year.
    • -Trade Brains

Waaree Renewables extends rally, Analyst sees momentum ahead

  • Shares of Waaree Renewable Technologies extended their rally, rising 20% in last five sessions. On the technical front, analyst Finkhoz highlighted that the stock formed an ascending triangle breakout on daily charts with heavy volume. The next resistance lies in the ₹1,280 to 1,300 zone, while immediate support is around ₹1,150 and then ₹1,060, 1,080.
    • -Stocktwits

Canara HSBC Life's ₹2,517-cr IPO gets fully subscribed on last day

  • Canara HSBC Life Insurance's ₹2,517-crore IPO was fully subscribed on the third and final day of bidding (October 14). The issue saw strong demand from Qualified Institutional Buyers (QIBs), who subscribed 275% of their allotted quota, while retail investors subscribed 35% of their portion. The grey market premium remained muted at 0.94% above the IPO price.
    • -Moneycontrol

NPCI Int'l signs MoU with NTT DATA for UPI acceptance in Japan

  • Japanese information technology firm NTT DATA signed a Memorandum of Understanding (MoU) with NPCI International Payments Limited to enable acceptance of UPI for Indian tourists in Japan. They will jointly examine opportunities for UPI enablement in Japan, with the objective of assessing its potential for merchants and consumers. The move will eliminate need for cash or foreign card transactions.
    • -CNBC-TV18

Solex Energy bags ₹545 cr solar module order from Zelestra Group

  • Solex Energy Limited has received a domestic work order worth ₹544.62 crore for the manufacture and supply of solar PV modules from the Zelestra Group. The contract involves N-Type TOPCon 615/620 Wp glass-to-glass modules, with execution scheduled between February 2026 and November 2026. This follows an earlier domestic work order worth ₹183.88 crore from Mounting Renewable Power Limited.
    • -Dalal Street Investment Journal

CEO claims gold has been 'disastrous investment', says 'It has lost 84% purchasing power'

  • Anthony Pompliano, investment firm Professional Capital Management's CEO, claimed that gold has been a "disastrous investment" since 2020. "It has lost 84% of its purchasing power compared to a finite sound money asset like Bitcoin. Bitcoin is the hurdle rate," Pompliano said. "I'm not a gold hater...But gold has drastically underperformed bitcoin over time," he added.
    • -Hindustan Times

HCLTech to hike salaries of all employees from October

  • HCLTech will increase salaries and shift its quarterly variable pay structure to fixed salaries for all employees from this month. Last year, it announced a 7% salary hike for its employees, with top performers being given raises of up to 12-14%. The firm will follow the same process of increment this year, too, Chief People Officer Ramachandran Sundararajan said.
    • -NewsBytes

Surana Solar stock jumps 19% after BIS certification

  • Surana Solar's shares jumped 19% today after it was included in MNREs ALMM list and also received BIS certification for its TOPCON 630 Wp and PERC 590 Wp solar modules. These approvals enable Surana Solar to participate in government tenders, EPC projects, and PSU initiatives, opening up significant opportunities in large-scale renewable energy projects.
    • -Trade Brains

Cyber lessons from JLR and Collins Aerospace

  • The JLR and Collins Aerospace cyberattacks highlight that even massive security investments can't ensure immunity. Both breaches stemmed from human and process flaws, exposing supply-chain vulnerabilities and poor incident response. True resilience demands continuous monitoring, zero-trust design, and human-centric, risk-driven security strategies beyond compliance.
    • -India Technology News

Govt tracks real-time quick commerce data after GST cut: Report

  • The government is tracking real-time data from quick commerce platforms to check whether companies are passing GST rate cut benefits to customers, Moneycontrol reported. Authorities have also asked some platforms to show the savings made on account of the cuts. Reportedly, 90% of the benefits have likely been passed on to consumers via lower retail prices.
    • -Moneycontrol

Indian beer industry facing shortage of cans

  • India's beer industry is facing shortage of 500 ml aluminium cans. The Brewers Association of India (BAI) has written to the government seeking a temporary relaxation in import rules, highlighting the shortage of 12-13 crore cans. It said the shortfall could affect around 20% of total beer sales and lead to losses for companies and also government revenues.
    • -News18

Perplexity tops Google Play charts in India, beats ChatGPT, Gemini

  • Perplexity has topped the rankings among free apps on Google's Play Store in India, the company's CEO Aravind Srinivas said in a X post on late Monday, along with a screenshot showing the Play Store chart. ChatGPT reportedly ranks third, and the Google Gemini app is at number four while Arattai Messenger ranked second.
    • -Stocktwits

IRRI joins BIRC 2025 as India eyes ₹1.17 lakh crore rice exports

  • The International Rice Research Institute (IRRI) joined BIRC 2025 as Research & Knowledge Partner, aiming to unlock ₹1.17 lakh crore in new global rice markets for India. The two-day event in New Delhi will host 1,000 international buyers, 2,500 exporters, and 5,000 farmers, with live culinary demos showcasing Indian rice varieties' versatility for global cuisines.
    • -Asianet Newsable

Justdial under pressure after Q2 miss; analyst calls for caution

  • Justdial shares fell over 5% on Tuesday after the company reported a sharp 22.5% decline in quarterly profit, triggering renewed selling pressure. Despite the weak numbers, SEBI- registered analyst Varunkumar Patel said the stock is still holding its crucial ₹800 to 820 support zone, with a breakout above ₹880 needed to confirm any short-term recovery.
    • -Stocktwits

Justdial stock down 5% after Q2 net profit decline

  • Justdial nosedived 5 percent following its poor Q2 performance. It reported ₹303 crores of revenue with a growth of 6 percent YoY and 2 percent QoQ, whereas net profit decreased by 23 percent YoY to ₹119 crores and 26 percent QoQ. EBITDA margins dipped marginally by 10 bps, and net profit margin decreased significantly by 700 bps YoY.
    • -Trade Brains

Analyst flags BSE, BlackBuck on strong outlook and bullish trend

  • SEBI-registered analyst Pradeep Carpenter has picked Bombay Stock Exchange (BSE) and BlackBuck (Zinka Logistics Solutions), as his top Diwali 2025 trades, citing strong fundamentals, bullish technical indicators, and favourable risk-reward setups. Both stocks, he said, offer investors an opportunity to ride the festive rally with disciplined entry and exit levels.
    • -Stocktwits

Analysts highlight stocks for festive season ahead of Diwali

  • As Diwali approaches, market analysts have highlighted stocks that could brighten investors portfolios this festive season. Analyst Prabhat Mittal shared three Diwali trade ideas, M&M, Hindalco, and Bank of Baroda, each with mid-term targets and stop-loss levels, for a promising festive season investment. Technical charts indicate strong momentum and higher highs/lows across all three stocks.
    • -Stocktwits

Gujarat Hotels jumps 20% after strong Q2 results

  • Gujarat Hotels Ltd shares surged nearly 20%, hitting the upper circuit after its September quarter results. The micro-cap company, engaged in the hospitality sector, saw its stock rise to ₹318.90 from ₹266.15, with a market cap of ₹108.95 crore on Tuesday. The rally reflects investor optimism following its performance in hotel and related service operations.
    • -Trade Brains

WD opens advanced SIT Lab to meet rising AI storage needs

  • Western Digital has opened its expanded 25,600 sq ft System Integration and Test (SIT) Lab to accelerate customer success and speed up time to value. As AI boosts storage demands, the facility enables faster, more predictable qualification of its high-capacity HDDs, directly addressing customer needs for reliability and efficiency in advanced data-driven environments.
    • -Digital Terminal

KFin Tech, Jubilant Ingrevia see bullish setups: Analyst Palak

  • Two stocks are catching the eye of investors. SEBI-registered analyst Palak Jain has identified bullish swing trade setups in KFin Technologies and Jubilant Ingrevia, driven by technical breakouts, strong volume, and solid fundamentals. Citi recently upgraded KFin Tech to a Buy and raised its price target to ₹1,215 from ₹1,100.
    • -Stocktwits

Paras Defence shares rise on Israeli tech tie-up

  • Shares of Paras Defence and Space Technologies rose on Tuesday after the company signed a Memorandum of Understanding (MoU) with Cielo Inertial Solutions, an Israeli leader in inertial navigation technology. The partnership is expected to enhance Paras Defence's product portfolio and open opportunities in high-value defence contracts, strengthening its role in India's self-reliance drive.
    • -Stocktwits