It sits on your phone like an app and has never once asked for an update.
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Trent reported a 25 per cent rise in consolidated net profit to Rs 468 crore for the September quarter, helped by its Zudio fashion chain and strong Star grocery growth. Noel Tata will step down as chairman after nearly three decades with the company.
Read more at BusinessLine →
Jio Platforms rose 27 per cent on its first day of trading after raising $3.1 billion in India's largest IPO. Shares closed at Rs 1,417.5 on 28 October, valuing the Reliance unit at about $137 billion. A quiet first day, by Reliance standards.
Read more at Marketech APAC →
Coal India's consolidated profit after tax rose 57 per cent to Rs 6,547 crore in the second quarter, while revenue from operations grew 20.8 per cent to Rs 44,179 crore. The company declared an interim dividend of Rs 10.25 per share.
Read more at Rediff Money →
IndiGo reported a Rs 1,879.1 crore loss for the September quarter, its third consecutive quarterly loss. The airline said higher fares were unavoidable as fuel prices rise, and projected low single digit capacity growth for the December quarter, Reuters reported.
Read more at Mint →
Ambuja Cements reported consolidated net profit of Rs 236 crore, against Rs 2,336 crore a year ago, when results included a Rs 1,710 crore tax write back. Revenue was flat at Rs 9,197 crore and cement sales held near 16.5 million tonnes.
Read more at The Economic Times →Milky Mist said revenue and gross profit hit record quarterly highs in the second quarter of FY27, with revenue up 42 per cent and EBITDA up 54 per cent. Its protein range grew fastest, and yoghurt was the fastest growing category.
Read more at The Economic Times →India's compressed biogas plants also produce large volumes of slurry that must be sold as organic fertiliser, and many cannot find buyers. Of 1,908 registered plants, 217 are commissioned. One operator said the government secured the gas market but forgot the slurry.
Read more at The Economic Times →Hero MotoCorp now has capacity for 30,000 electric two-wheelers a month, up from 15,000 at the end of FY26. CEO Harshavardhan Chitale said it aims for 45,000 a month by March and 80,000 by the second quarter of FY28.
Read more at The Economic Times →Suzlon said it retained a 28 to 29 per cent share of Indian wind orders in the first half of FY27, with about 23 per cent of deliveries. Group CEO Ajay Kapur said market growth would leave room for new rivals including Adani and JSW.
Read more at The Economic Times →Vedanta Oil and Gas reported a consolidated net profit of Rs 746 crore for the September quarter, against a net loss of Rs 92 crore a year earlier. It credited production optimisation. Profit was Rs 945 crore in the previous quarter.
Read more at BusinessLine →Brigade Group's September quarter net profit rose 29 per cent to Rs 219 crore and operating profit reached Rs 478 crore. Sales bookings were Rs 1,827 crore across 1.3 million sq ft, and it launched projects with an estimated value of about Rs 3,000 crore.
Read more at The Economic Times →Cognizant reported third quarter revenue of $5.7 billion, up 4.8 per cent in constant currency, ahead of its peers. It still trimmed its 2026 revenue guidance. Acquisitions contributed 2.1 per cent of the growth. Beating the class and lowering the target, in one release.
Read more at BusinessLine →India's industrial production grew 6.7 per cent year on year in September, below the 7.3 per cent economists expected in a Reuters poll and the revised 7.8 per cent in August. Manufacturing and electricity growth moderated and mining contracted further.
Read more at Mint →The government extended the production linked incentive scheme for textiles until 2033-34 for companies approved in its fourth round, and cut the minimum turnover requirement to Rs 100 crore, KNN reported, to bring more MSMEs into the scheme.
Read more at knnindia.co.in →
Indian equities rose more than 1 per cent on Thursday as investors bought companies with positive quarterly results. Easing crude prices, hopes for US and Iran peace talks and foreign buying helped, with realty and FMCG stocks leading.
Read more at Business Standard →
Foreign institutional investors sold Indian equities worth a net Rs 943.60 crore on Thursday, provisional data showed, while domestic institutions bought Rs 1,924.41 crore. The Sensex rose 905 points anyway. Someone was buying, and it was mostly people at home.
Read more at CNBC-TV18 →
NSE inspections found brokers extending margin trading against ineligible securities, mishandling client funds and failing cybersecurity and surveillance norms. The exchange published the findings after its recent round of inspections. Compliance teams have some reading to do.
Read more at Business Standard →
SEBI has told mutual fund houses to make the direct plan the default for investments through their websites from 1 November. Investors who choose regular plans must be told about their higher expense ratios, chairman Tuhin Kanta Pandey said.
Read more at BusinessLine →
Sagility's promoter, Sagility BV, is reportedly planning to sell a 12 per cent stake through a block deal worth about Rs 2,377 crore at Rs 42.45 a share. The healthcare services stock is expected to stay volatile on Friday.
Read more at Mint →BLS Polymers' IPO was subscribed 241.22 times by its closing day, while SFC Environmental Technologies drew 9.47 times, according to subscription data. Both mainboard issues closed on Thursday with rather different levels of enthusiasm.
Read more at BusinessLine →Adani group shares rose 3 to 6 per cent on Thursday after strong second quarter results from flagship Adani Enterprises and from Adani Ports. Most frontline group stocks were in demand through the session.
Read more at Business Standard →The US Federal Reserve held its benchmark rate at 3.75 to 4 per cent in a 10 to 2 vote, with two policymakers wanting a hike. That may offer Indian equities some near term relief while keeping worries over global liquidity and foreign flows alive.
Read more at BusinessLine →A possible cut in long and short term capital gains tax rates would encourage foreign portfolio investors to return to Indian equities after months of selling, and would support the rupee, Jefferies said. The money left over months and may return over a budget speech.
Read more at BusinessLine →The Nifty broke above 22,800 after a volatile spell of consolidation, and the positive close marked a recovery from a long subdued run, CNBC TV18 reported. Analysts are now watching 23,000 as the next level.
Read more at CNBC-TV18 →eMudhra shares have recovered 11 per cent over three sessions after a sharp selloff over security concerns. Analysts expect limited impact on the company's long term earnings growth, which the market has decided to believe for three days so far.
Read more at Business Standard →CAMS reported a 15.1 per cent rise in net profit to Rs 131.4 crore for the September quarter, with revenue up 10 per cent to Rs 414.4 crore. It declared an interim dividend of Rs 3.25 a share and fixed 13 November as the record date.
Read more at CNBC-TV18 →
Fortis Healthcare's subsidiary International Hospital has acquired the business of Suguna Ramaiah Hospitals in Bengaluru for about Rs 277 crore in cash. The hospital has 110 operational beds, with room to expand to about 150.
Read more at kalkine.co.in →Indian explosives maker Solar Industries is acquiring South Africa's Omnia Group for $1.36 billion, advised by Cyril Amarchand Mangaldas and DLA Piper. Omnia makes specialised chemicals, explosives and agricultural products and was represented by Webber Wentzel.
Read more at legalbusinessonline.com →
India's pharmaceutical and healthcare sector recorded 87 deals worth $4.3 billion in the third quarter of 2026, as private equity activity surged and public market fundraising picked up, a report showed. Deal volumes rose 23 per cent.
Read more at Business Standard →
Laurus Labs will acquire a 52 per cent stake in Hyderabad's SI and C Resins for Rs 32.5 crore in an all cash deal, through a primary subscription of 10,833 shares, to strengthen its peptide manufacturing, the company said in a filing.
Read more at The Times of India →
India's year to date M&A value fell more than 19 per cent to $95.5 billion, LSEG data show, though deal numbers barely changed. Citi's Saraf said nobody is trying to be cute on financial engineering. Selectivity, apparently, is the new appetite.
Read more at The Economic Times →Evonile Pharma has acquired the Minipress and Minipres brands in India from Pfizer for about $131.7 million, or Rs 12.5 billion. Shardul Amarchand Mangaldas advised Evonile on all aspects of the transaction.
Read more at law.asia →India's real estate sector recorded 24 deals worth $705 million in July to September, a 69 per cent fall in value from the June quarter's $2.3 billion, according to Grant Thornton Bharat.
Read more at constructionworld.in →Sumitomo Mitsui Trust Bank has acquired a minority stake in Indian private equity firm One Planet Partners and will anchor its first fund, which targets about Rs 30 billion of investments over five years in energy transition, mobility and manufacturing, Bloomberg reported.
Read more at privateequitywire.co.uk →AG Poly Packs has merged its Gujarat subsidiary as group revenue reaches Rs 300 crore. The acquired site added injection stretch blow moulding and multilayer capabilities, and its injection moulding capacity has doubled since the acquisition, the company said.
Read more at The Economic Times →KDDI and Telehouse have completed the purchase of the Inventory Estate at East India Dock in London for more than 220 million pounds. The site will expand Telehouse's Docklands campus with a high density data centre planned at 65MW.
Read more at bebeez.eu →
Anthropic's IPO filing says it may not have a clear timeline to profitability. It posted its first operating profit in the June quarter but a net loss of $80.8 billion in the first half of 2026 on $16.3 billion of revenue. Mint explains why.
Read more at Mint →
The Enforcement Directorate said it searched premises in Bengaluru and Madhya Pradesh on 26 October under FEMA, in a probe into alleged cross border cryptocurrency transfers worth more than Rs 4,900 crore. Mint sets out what the case is about.
Read more at Mint →
The White House listed more than $330 billion of Indian investment commitments in the US, including a $15 billion Essar steel plant in Iowa. Business Standard looks at whether that could push the US past Singapore as the top destination for Indian outward FDI.
Read more at Business Standard →
The ITAT Chandigarh bench ruled for a woman whose timber business the tax department had treated as a benami concern of a family firm. The tribunal said the department failed to establish a connection between the two businesses and set aside the earlier order.
Read more at Mint →
Dearness allowance for central government employees has risen from 2 per cent of basic pay in 2016 to 63 per cent, after a 3 point hike approved on 28 October. It is revised twice a year, effective 1 January and 1 July, and usually announced late.
Read more at Mint →The GST Council has recommended omitting Section 69 of the CGST Act, which lets officers arrest before any tax liability is established. A Mint opinion piece argues the change keeps tools for real fraud but moves the decision to jail someone to a criminal court.
Read more at Mint →India's CGST Amendment Rules 2026 change GST registration, e-commerce supplies, cancellation and suspension, input tax credit and refunds, and revise several forms, India Briefing explains. More of the compliance is now driven by the system rather than by paperwork.
Read more at india-briefing.com →CBIC has set time limits for Aadhaar authentication, applicant clarifications and officer decisions on GST registration, after the 57th GST Council meeting. If an officer fails to act in time, approval is deemed in specified cases. Silence now counts as yes.
Read more at caclubindia.com →The GST Council has proposed letting exporters and businesses with an inverted duty structure claim refunds on accumulated input tax credit for capital goods, paid in equal monthly instalments over 60 months. Rule 89 currently excludes this credit from refunds.
Read more at caclubindia.com →Term insurance bookings among high net worth individuals have doubled since April 2023 and the average sum assured is up 30 per cent, Policybazaar data show. Under 5 per cent pick plans that return premiums, preferring plain protection to getting money back.
Read more at Mint →Banks will pay more to hedge dollar interest payments on FCNR(B) deposits because new RBI forex derivative rules require them to set aside a 20 per cent reserve, while dollar rupee forward premiums are also rising, Business Standard reports.
Read more at Business Standard →EPFO is drafting guidelines to invest in alternative investment funds, including those backing startups, which could put 3 per cent of fresh inflows into them. The proposal, approved five years ago, may go to its trustees in November. Retirement savings, meet venture capital.
Read more at Mint →IMF communications director Julie Kozack said Super El Nino risks to India's growth have not materialised yet, and the fund will reassess its projections in January. Earlier this month the IMF raised its India forecast to 7 per cent for FY27 and FY28.
Read more at The Economic Times →Calls for applications that are open today, re-checked on the official page every morning. Extensions remain a rumour until someone announces one.
Bid invitations and official releases from the past few days, each linked to the report or the release itself. Read the actual tender document before you quote. The government certainly will.
Summits and founder meetups coming up, each checked against its own page this morning. Bring cards, and a better opener than “so what do you do”.
Business development and operations roles, among others, checked today. Each one links to the original posting, where the real interview begins. Dress for the job, or at least for the video call.