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Dell raises long-term growth forecasts on strong demand for AI servers

Dell, whose customers include Elon Musk's AI startup xAI and CoreWeave, reiterated its third-quarter and annual forecasts

India's fuel demand falls to 12-month low in Sept amid seasonal trends

Diesel consumption rose 3.2% on a monthly basis to 6.79 million tons in September for a 6.6% increase year on year

Auro Realty plans $225 mn India bond sale to fund hotel, asset acquisition

Auro Realty's bond issue is in advanced stages and could be completed as early as this month, while private credit funds are expected to be investors, the bankers added

WeWork India's $338 million IPO fully subscribed on final day of bidding

WeWork India's IPO is seen as a test of investor appetite in the domestic co-working space, which has seen a spate of listings amid growing demand for flexible office space

States sign more coal deals to meet projected power demand surge

Uttar Pradesh, India's most populous state, and eastern Assam state, which recently withdrew incentives for clean energy projects

IKEA acquires US logistics tech company Locus in online growth push

IKEA said acquiring Locus would simplify its logistics and reduce its delivery expenses by an estimated 100 million euros ($117.41 million) a year globally

DGCA seeks Boeing response after emergency system glitch on Air India jet

The crew of the aircraft - which was flying from the northern Indian city of Amritsar to Birmingham, UK - detected deployment of the power system

Dabur India flags short-term sales disruption in Q2 amid GST reforms

The company said in a statement that it expects second quarter revenue to grow in mid-single digits, with operating profit to grow at a similar pace

Govt 'probes' Adani Defence for tax evasion on missile parts imports

Adani Defence Systems and Technologies is one of the smaller businesses of the coal-to-airports conglomerate of billionaire Gautam Adani

NPCI to roll out biometric authentication for digital payments from Oct 8

The move follows recent guidelines from the Reserve Bank of India permitting alternative methods of authentication and will mark a departure from the current system

LG Electronics IPO draws Norway, Singapore wealth funds as anchor investors

The initial public offering comes during the second-busiest quarter on record for Indian listings, with firms set to raise up to $8 billion

Nifty hits 25K comeback trail: Banks and IT stocks do the heavy lifting

Financial and IT stocks drove a third straight day of market gains as Nifty rose above 25,000 and Sensex ended at 81,790 amid upbeat quarterly updates

Yen tumbles on likely new leader, euro slides after French PM resigns

The dollar rose 1.8 per cent to 150.1 yen, its highest since August. If sustained, that would be its biggest daily gain since May 12

AMD signs multi-year AI chip supply deal with ChatGPT creator OpenAI

The deal offers OpenAI an opportunity to take a stake in one of Nvidia's most formidable rivals and is a powerful endorsement of Advanced Micro Devices' (AMD's) AI chips and software

Government collapse triggers French equities' steepest fall in over a month

The pan-European STOXX 600 closed flat. The index briefly hit an intraday record high on Monday after climbing more than 2.8% last week

LTIMindtree wins its largest-ever deal; sources peg size at $580 million

The sixth largest software services exporter in India said the deal was with a leading global media and entertainment company, but did not disclose the name of the client

US weekly jobless claims up moderately in last week of Sep, shows data

Initial claims for state unemployment benefits increased to a seasonally adjusted 224,269 for the week ended September 27 from 218,589 in the prior week, Haver Analytics calculated

Adani Enterprises taps debt private placement after 2-year gap: Bankers

Adani Enterprises raised 10 billion rupees in July via a public issue of two-, three- and five-year bonds at coupons of 8.95%-9.30%

Govt considers introducing nationwide climate-linked insurance scheme

Should the discussions bear fruit, India - among the nations most prone to extreme weather events - could become one of the first major economies to roll out such a programme

CERC admits solar firms' plea over losses from transmission delays

The outcome could set a precedent for renewable energy developers facing transmission bottlenecks, as India accelerates its clean energy rollout