Page 1819 - Latest News

FATF hails India's asset recovery model, cites ED as global benchmark

FATF highlights India's Enforcement Directorate for its effective coordination, citing ED's cases as examples of global best practice in tracing and seizing illicit assets

Bihar Phase 1 elections: 121 seats to vote today with 37.5 mn electors

37.5 million electors to cast votes across 121 constituencies in Bihar's first phase; the outcome will be closely watched with high-profile candidates like Tejashwi Yadav in the fray

Britannia Q2 profit rises 23% to ₹654 crore on stable input costs

Biscuit maker reports Rs 654 crore profit in Q2 FY26 as commodity prices stabilise and bakery, e-commerce segments sustain double-digit growth

Mandi prices of major kharif crops show little improvement between Sept-Oct

Prices of soybean, moong, and groundnut remained below MSPs in late October despite some recovery, prompting government action through import curbs and procurement plans

Giga raises $61 million to scale AI-driven customer support platform

Series A round led by Redpoint Ventures will help expand the technical team and accelerate enterprise deployments of Giga's AI customer support agents

SUVs, rural growth, premiumisation to keep PV sales in fast lane in 2026

From the Maruti WagonR Electric to the Tesla Model 3, 2026 will be a landmark year for India's auto industry, led by SUVs, hybrids, and EVs amid GST reforms and rising rural demand

Lenskart opens smart-glasses platform to developers in AI wearables push

The eyewear firm aims to build an AI-driven wearable ecosystem with its 'B by Lenskart' smart-glasses platform, inviting Indian developers to innovate

PNGRB urges GAIL to phase out gas turbines, adopt electric motors

The gas regulator suggests India's top distributor switch to electric compressor motors to cut costs as GAIL seeks a tariff hike amid higher gas prices

Nithia Capital plans 6 mt steel capacity in India, IPO on the cards

The UK-based firm eyes Rs 6,000 crore investment to expand Evonith Steel's capacity and explore acquisitions, with a public issue planned in 18-24 months

Paytm founder Sharma bets on AI-led revenue growth, cost-efficiency

Vijay Shekhar Sharma says AI will fuel Paytm's next phase of growth after cost efficiencies, as company eyes revenue opportunities from smart devices

Gold rises over 1% on safe-haven demand despite strong US payrolls

Spot gold was up 1.2% at $3,977.94 per ounce by 10:57 am ET (1557 GMT). US gold futures for December delivery rose 0.7% to $3,989.80 per ounce

Stocks drop, as investors fret over tech valuations; gold rallies

US e-mini futures slid 0.1%, suggesting Tuesday's 1.2% drop for the S&P 500 may continue

Allahabad HC orders instant prisoner release through electronic bail system

The order was passed by Justice Arun Kumar Singh Deshwal while granting bail to an accused in a kidnapping case

Mafatlal Industries Q2 results: Profit rises 7.8% to ₹21 cr, revenue up 3%

The company had posted a net profit of ₹19.97 crore in the July-September period a year ago, according to a regulatory filing by Mafatlal Industries, one of the country's oldest textile institutions

US government shutdown becomes longest ever, costs economy $15 bn weekly

Thousands of privately owned businesses that rely on loans from the US Small Business Administration are missing out on funds

Best of BS Opinion: Creaks, wobbles, and a world learning to pedal again

Here are the best of Business Standard's opinion pieces for today

MeshDefend raises $2.3 million to bring AI intelligence to enterprise data

Kalaari Capital leads the pre-seed round as the startup, founded by former Dell executives, builds an AI-native platform to secure and automate enterprise data infrastructure

India's dev trajectory is an emulative model for Global South: Mandaviya

At UN summit in Doha, India offers its inclusive growth model to the Global South, citing major gains in poverty reduction and social security expansion over the past decade

PhysicsWallah IPO to open Nov 11; SBICAPS names Bhuvaneshwari as MD & CEO

PhysicsWallah's Rs 3,480-crore IPO opens Nov 11, while SBICAP Securities appoints veteran banker Bhuvaneshwari A as managing director and CEO to lead its digital growth strategy

From Marico to TCS: Here are 10 defensive stock that may bounce back

The Great Defensive Slump: 2025 turned FMCG, IT, and pharma into market laggards. Yet with earnings stable and valuations cooling, their next move could surprise