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Sebi bars Gretex from merchant banking for 21 days over IPO lapse

Gretex failed to verify and disclose that nearly 40 per cent of the IPO proceeds were proposed to be used as a deposit for renting an office premises that was still under construction

Toyota to launch 15 new models in India, targets 10% market share by 2030

There are likely to be at least two new SUVs from Toyota's own brand, which will be designed to take on leading SUV-makers like Mahindra & Mahindra and Hyundai Motor

Netflix exploring bid for Warner Bros Discovery studio, streaming business

Owning Warner Bros' studio business would give Netflix control over some of Hollywood's most successful stories and characters, including the Harry Potter and DC Comics franchises

OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation

Chief Financial Officer Sarah Friar has told some associates the company is aiming for a 2027 listing, the people said. But some advisers predict it could come even sooner, around late 2026

China to buy 12 million metric tonnes of soybeans this season, says Bessent

Bessent said other countries in Southeast Asia have agreed to buy another 19 million tons of US soybeans, but did not specify a timeframe for those purchases

ITC Q2 results: PAT rises 5.4% to ₹5,180 crore on higher cigarette demand

The maker of 'Sunfeast' biscuits and 'Gold Flake' cigarettes reported a 5.4% rise in standalone profit of ₹5,180 crore ($589.34 million) for the quarter ended September 30

Swiggy trims sequential loss to ₹1,092 cr on back of Instamart growth

India's quick commerce industry, which promises to deliver everything from milk to mobile phones in minutes, has ignited an investment frenzy as it grows at a blistering pace

Asian shares fall back following Trump's meeting with Chinese leader Xi

Chinese markets gave up early gains, with Hong Kong's Hang Seng shedding 0.2 per cent to 26,298.64. The Shanghai Composite index lost 0.3 per cent to 4,006.60

Indian gold investment demand hits record $10 billion in Sep quarter: WGC

Overall gold consumption, however, fell 16 per cent to 209.4 tonnes as jewellery demand slumped 31 per cent to 117.7 tonnes due to record-high prices

Global gold demand climbs 3% to quarterly record as investment soars: WGC

Central banks, another major source of gold demand, increased purchases by 10 per cent to 219.9 tonnes in the third quarter, the WGC estimated

Mercedes tops auto-margin forecasts as premium model sales offset costs

Like rivals including Porsche and BMW, Mercedes faces particular challenges in the Chinese premium and luxury market, where a price war driven by local carmakers is hitting demand

Altman unveils trillion-dollar AI vision as OpenAI eyes massive expansion

After reaching a deal with Microsoft on Tuesday that removes limits on how OpenAI raises money, Altman laid out even more ambitious plans to build AI infrastructure to meet growing demand

US to scale back troop presence on NATO's eastern flank, says Romania

The US military said the decision not to replace departing American troops in Romania was not 'an American withdrawal from Europe or a signal of lessened commitment to NATO'

Trump announces trade breakthrough with South Korea on Asia trip

Trump and Lee agreed that Seoul can split its promised $350 billion investment fund into $200 billion in cash to be paid in instalments and capped at $20 billion per year, Lee's aides said

Boeing delays 777x jet to 2027, takes $5 billion charge amid setbacks

Last month, CEO Kelly Ortberg said the company was behind schedule in certifying the jet, saying a 'mountain of work' needed to be done

India's HPCL-Mittal Energy stops buying Russian crude oil amid sanctions

Last week, the US and Europe imposed a raft of fresh sanctions on Russian oil, with Washington targetting the country's top oil producers Lukoil and Rosneft

Global automakers scramble for chips as Nexperia export ban hits supply

Nissan Motor and Mercedes-Benz are among the carmakers trying to get to grips with an uncertain supply situation, with Nissan saying it had enough chips until the first week of November

Putin's envoy Dmitriev says there will be peace in Ukraine within a year

Dmitriev was speaking after meeting officials from US President Donald Trump's administration in the United States last weekend

Nvidia storms past $5 trillion valuation as AI boom powers meteoric rise

Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs

Microsoft CEO Satya Nadella to visit India in Dec for AI conference: Report

Nadella will also likely meet key customers and India employees during his visit, the second source said. Microsoft has more than 20,000 employees across 10 Indian cities