- DMart’s Q2 profit growth trails revenue as expenses rise October 10, 2026DMart posted strong revenue growth in the September quarter, helped by better sales at mature stores and continued network expansion.
- $606 million payday! Check outgoing CEO David Zaslav's big windfall from Paramount's Warner Bros takeover October 10, 2026David Zaslav’s payout includes $381.7 million in stock options; he sold nearly $200 million worth of WBD shares after the acquisition deal was announced
- Persistent to squeeze out existing Nagarro shareholders en route to become seventh-largest October 10, 2026Persistent Systems has crossed the 90% ownership threshold in Nagarro, giving it the right to squeeze out minority shareholders and complete a full takeover of the German IT firm.
- After 'Prime Minister' jibe, Elon Musk doubles down on attack against Ambani - What his latest post on X said October 10, 2026Elon Musk renewed his criticism of Ambani over delays to Starlink’s India launch, sharing old reports alleging political links. Jyotiraditya Scindia rejected monopoly claims, saying licensed operators can begin services once spectrum is assigned and security conditions are met.
- Zetwerk eyes ₹27,000 crore IPO valuation as over 30 investors weigh anchor book October 10, 2026Abu Dhabi Investment Authority (ADIA), Norway's central bank, and the asset management arms of Goldman Sachs, SBI and HDFC are among more than 30 foreign and domestic investors considering participation in Zetwerk's anchor book ahead of its IPO.
- 300-member Canadian trade delegation heads to India as countries look to firm up ties October 10, 2026Canada is preparing to send a significant trade delegation to India, aiming to enhance commercial relationships. Led by Minister Maninder Sidhu, the mission will focus on expanding partnerships in aerospace, agri-food, and clean technology. This event will coincide with ongoing negotiations for a Comprehensive Economic Partnership Agreement aimed at elevatin […]
- RBI may raise repo rate by 75-100 bps in current cycle: Report October 10, 2026SBI Capital Markets expects the Reserve Bank of India (RBI) to raise the repo rate by 75-100 basis points during the current tightening cycle, with a larger hike in December 2026 possible depending on inflation data. The report projects consumer inflation to peak in Q3 FY27 before easing, while warning that high crude oil prices, geopolitical tensions and ri […]
- RBI steps in to support rupee as currency nears record low; tightens forex rules October 10, 2026The Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures include tightening foreign exchange derivative norms and creating a special window for oil marketing companies. By implementing a cash reserve requirement for large forex derivatives, the central bank seeks to curb spec […]
- India needs open trade, a stronger WTO and a more proactive global role: Experts October 10, 2026India's economic growth necessitates a stronger alignment of domestic priorities with international trade positions and agreements. The discussion highlighted the ongoing importance of the World Trade Organisation in shaping global trade rules. Experts emphasized the need for India to actively engage in multilateral trade systems while pursuing Free Tra […]
- RBI moves to support rupee at 96.78, cracks down on forex derivatives October 10, 2026The Reserve Bank of India introduced new measures to address the pressure on the rupee. These measures include tightening foreign exchange derivative rules and limiting rebooking of cancelled contracts. Furthermore, a 20% cash reserve requirement has been established for large forex derivatives transactions. The central bank aims to enhance market discipline […]
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