Page 3 - Latest News
Flipkart narrows FY26 losses as revenue rises 18%, margins improve
Walmart-backed e-commerce company reports group results under Flipkart Internet after its move to India
 "Flipkart narrows FY26 losses as revenue rises 18%, margins improve")
Capex-light strategy: Akash Ambani charts out Jio's growth path to 6G
Outlines mobility, home, international markets as growth levers backed by deep-tech stack
 "Capex-light strategy: Akash Ambani charts out Jio's growth path to 6G")
CAS review: Sebi announces last 30-minute VWAP method for settlement
Sebi has revised the closing auction session framework, adopting the last 30-minute VWAP for derivatives settlement and changing trading hours from December 7, 2026.
 "CAS review: Sebi announces last 30-minute VWAP method for settlement")
Wipro Q2 results: Net profit falls 1.4% to ₹3,201 crore, revenue rises 9.1%
IT services revenue, the main metric, for the quarter ended September 30 was up by just 0.3 per cent from the year-ago period
 "Wipro Q2 results: Net profit falls 1.4% to ₹3,201 crore, revenue rises 9.1%")
Nestle India Q2FY27 net profit rises 35.9% to ₹1,010 cr; stock falls 7.8%
Nestle India's revenue rose 20.3% to ₹6,788.3 crore in Q2FY27, driven by double-digit volume growth, while its shares fell 7.76% amid concerns over rising food inflation
 "Nestle India Q2FY27 net profit rises 35.9% to ₹1,010 cr; stock falls 7.8%")
Mini car sales jump 86% in H1 as entry-level segment shows recovery signs
Passenger vehicle wholesales rise 30.7% in Q2; heavy trucks and scooters lead growth in their respective segments
 "Mini car sales jump 86% in H1 as entry-level segment shows recovery signs")
India-US trade deal: 'Big items done', both sides close to pact, says Gor
US envoy Sergio Gor expresses confidence in finalising the India-US trade deal, saying key issues have been resolved
 "India-US trade deal: 'Big items done', both sides close to pact, says Gor")
IPO proceeds will make us net-debt-free company: Jio Platforms MD
Industrialist Dhirubhai Ambani, the founder of the group, took Reliance Textile Industries, which later became RIL, public in 1977
 "IPO proceeds will make us net-debt-free company: Jio Platforms MD")
Prosus Ventures leads $1.5 million funding in space startup Cosmochute
Cosmochute is developing its LEAP lunar mobility platform to support payload transportation and deployment on the Moon, with funding aimed at accelerating development and hiring.
 "Prosus Ventures leads $1.5 million funding in space startup Cosmochute")
The Mecca agreement is fuelled by regional concerns, say experts
India to watch how the Saudi Arabia-Turkiye-Pakistan agreement shapes, experts say
 "The Mecca agreement is fuelled by regional concerns, say experts")
Anthropic's Q3 revenue jumps to $16.8 billion ahead of planned IPO
Anthropic's third-quarter revenue reached $16.8 billion, up nearly 12-fold from a year earlier, as the Claude maker prepares for an IPO amid slowing growth and concerns over AI valuations.
 "Anthropic's Q3 revenue jumps to $16.8 billion ahead of planned IPO")
Pernod Ricard India sales grow 19% in Sep quarter; IPO plan awaits approval
Pernod Ricard reported 19% sales growth in India in the September quarter, while its proposed IPO remains under discussion pending board approval
 "Pernod Ricard India sales grow 19% in Sep quarter; IPO plan awaits approval")
First tranche of India-US deal close to conclusion, says Piyush Goyal
India and the US are finalising the legal text of the first tranche of their trade deal, with New Delhi seeking a competitive tariff advantage before operationalising the agreement
 "First tranche of India-US deal close to conclusion, says Piyush Goyal")
EU-GCC summit in Saudi Arabia postponed amid Houthi missile attacks
The EU and Gulf Cooperation Council have postponed their October 24 summit in Riyadh amid Houthi attacks on Saudi Arabia, with a new date yet to be announced.
 "EU-GCC summit in Saudi Arabia postponed amid Houthi missile attacks")
NHAI seeks tech-led quality checks, builders ask for higher maintenance pay
NHAI has asked highway developers to use AI-enabled cameras, drones and digital dashboards to detect defects, while builders seek adequate maintenance payments and realistic bids
 "NHAI seeks tech-led quality checks, builders ask for higher maintenance pay")
India's unemployment rate steady at 5% in September, shows NSO data
The increase in the jobless rate was sharper for women, rising to 5.2 per cent from 5.1 per cent in August
 "India's unemployment rate steady at 5% in September, shows NSO data")
UCO Bank net profit rises 27% to ₹786 crore in July-September quarter
UCO Bank reported a 27% year-on-year rise in second-quarter net profit to ₹786 crore, supported by higher income, improved operating profit and better asset quality
 "UCO Bank net profit rises 27% to ₹786 crore in July-September quarter")
Zelenskyy defies Trump's energy ceasefire call, orders Russia strikes
Ukrainian President Volodymyr Zelenskyy has ordered strikes on Russian oil refineries to resume amid tensions with Donald Trump over an energy ceasefire and restrictions on US intelligence support.
 "Zelenskyy defies Trump's energy ceasefire call, orders Russia strikes")
Datanomics: Delhi Metro's restrictions hit a 10-year high in 2026
Delhi Metro station restrictions surged to 100 in 2026, accounting for nearly 30% of all restrictions since 2017, amid a rise in protest-related closures
 "Datanomics: Delhi Metro's restrictions hit a 10-year high in 2026")
SC decision could impact Yes Bank's capital, weigh on profitability
Supreme Court ruling on the ₹8,415-crore AT-1 bond write-off could reduce Yes Bank's net worth by up to 26% and its CET-1 ratio to 10%, according to Anand Rathi's analysis
 "SC decision could impact Yes Bank's capital, weigh on profitability")