Sun Pharma has accepted bids worth ₹7,816 crore for two bond tranches maturing in five years and one day, offering annual coupons of 8.05% and 8.20%, merchant bankers said.
Nippon Life India AMC received in-principle regulatory approval to settle the Yes Bank AT-1 bond case after paying ₹96.76 crore, while its September-quarter net profit fell nearly 6%.
Brent crude rose 1.2% to $110.11 a barrel and US WTI gained 1% to $98.12 after Houthi attacks in Saudi Arabia killed three people and prompted Washington to order some diplomats' families to leave
India's West Asia crude imports rose to 2.8 mn barrels per day in September, accounting for 54% of purchases, while Russian oil imports fell 14% month-on-month to 1.8 million bpd, ship data showed
The $3.2 billion IPO drew bids for 3.47 times the shares on offer on its second day, led by qualified institutional buyers whose quota was subscribed 9.42 times, exchange data showed
India is supplying a record 2.6 million tonnes of coal daily to power plants, but 96 plants had stocks for less than three days as of October 19 amid weather disruptions and rising electricity demand
MSCI's Asia-Pacific index outside Japan fell 0.2%, while South Korean shares dropped over 1%. Concerns over AI spending and Gulf tensions offset stronger-than-expected US technology earnings
OpenAI President Greg Brockman's $25 million donation to a political group opposing restrictive AI rules raises questions about the company's commitment to AI safety regulations.
Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.
Eternal's Q2 net profit surged 92.3% to ₹1.25 billion but missed analyst estimates of ₹2.71 billion as rising costs weighed, even as revenue jumped 77.6% on strong Blinkit growth.
Indian refiners traditionally relied on the West Asia for more than half of their annual crude supplies, particularly heavier, high-sulphur grades, because of the region's proximity
Last week, Getty announced plans to file for bankruptcy, marking a major reset after its planned merger with rival Shutterstock collapsed under the weight of heavy debt and growing competition
SBI said a analysis showed that exposed information included customer names, mobile numbers, DOBs, email addresses, residential addresses, brand and customer identifiers, along with loan records
The loss, up from $13 billion a year earlier, was driven by $72 billion in accounting charges tied to changes in the value of financial instruments Anthropic issued to raise money
Republicans hold narrow majorities in the House of Representatives and Senate while Democrats need a net gain of four seats to take control of each chamber
Ukraine uses Starlink for battlefield communications and drone operations. Restricting the satellite service hampered the country's attack and air defence drone missions against Russia
 "Reuters")
