Page 4 - Latest News

Growth moderation, valuation headwinds ahead for Nestle despite strong Q2

Nestle posted 20% revenue growth and improved margins in Q2FY27, but concerns over slowing growth, input costs and premium valuations have prompted brokerages to cut target multiples

IGX receives regulator's approval for LNG capacity booking platform

The platform will allow LNG terminal operators to list unused regasification capacity and enable buyers to book available slots, improving transparency and infrastructure utilisation

Oberoi Realty profit remains flat at ₹761 crore, revenue declines 6%

The Mumbai-based developer reported a 6.1 per cent decline in Q2 revenue to Rs 1,670.95 crore, while booking value stood at Rs 9,149.69 crore during the quarter

White House lists $330.5 billion in investments in the US from India

The White House listed $330.5 billion in investments from India, including a $300 billion Reliance Industries refinery project, as part of $10.871 trillion in investments in the US.

Bajaj Housing Finance Q2 profit rises 18% to ₹757 cr, income up 18.3%

Bajaj Housing Finance reported an 18% rise in Q2 FY27 net profit to ₹757 crore, while total income grew 18.3% to ₹3,251 crore and assets under management increased 25% to ₹1.58 trillion.

Centre sets sugar diversion for ethanol at zero in 2026-27 tender

India has directed oil marketing companies to exclude sugar-based ethanol from the 2026-27 tender, setting sugar diversion at zero amid concerns over domestic sugar supplies and record-high prices.

Telangana woos Hyundai for car plant, seeks to fast-track ₹8,528 cr R&D

Chief Minister Revanth Reddy pitches Hyderabad as an ideal location for Hyundai's car plant and assures support to expedite its Rs 8,528 crore R&D facility in Zaheerabad

India is shaping how OpenAI builds products, says CTO Vijaye Raji

Applications chief Vijaye Raji says the company is building Hindi voices and courting Indian developers and enterprises

SC seeks Centre's response to plea for curbs on children's social media use

The Supreme Court has sought the Centre's response to a plea seeking age-based social media restrictions and safeguards to protect children from online exploitation and harmful content

RapidCanvas raises $29 million in Series B round led by Vertex Ventures

The funding takes RapidCanvas' total capital raised to $52.5 million and will support expansion of its go-to-market teams, field AI engineering operations and partner network.

Gold FoFs halt fresh investments before Diwali: What investors can do

Several fund houses have suspended lump-sum purchases and new investment plans, while existing instalments and redemptions continue.

Coal Ministry proposes suspension of mining operations for plan violations

Draft rules allow authorities to suspend coal and lignite mining operations for violations of approved plans and require annual compliance declarations from company boards

AI drives 75% of orders on ecom platform Meesho via personalised ranking

Meesho's AI-powered Prism drives nearly 75% of orders, while its Chorus agent handles 62% of user queries as the e-commerce platform expands AI adoption across operations

DLF Q2 results: Net profit rises 11% to ₹1,301 cr, revenue falls 23%

DLF's consolidated net profit rose 11.1 per cent year-on-year in Q2FY27, while revenue declined 23.3 per cent; new sales bookings surged 478.7 per cent sequentially to Rs 3,800 crore

India's GDP to grow 7.1-7.3% in FY27, pvt investment to revive: Deloitte

Deloitte India has raised its FY27 growth forecast from 6.5-6.8 per cent, citing sustained private demand and improving investment conditions, while flagging geopolitical risks.

Global investors firm India BFSI bets with over $20 bn in deals since 2025

Major investments by Fairfax, MUFG, SMBC and Emirates NBD lead a wave of foreign capital commitments across India's banking, NBFC and insurance sectors amid regulatory reforms and strong credit demand

How to pick a car loan this festive season: EMI, tenure and prepayment tips

Cap total equated monthly instalments at 40 per cent of take-home income, choose a manageable tenure, and check prepayment terms

EAM Jaishankar will hold talks with Marco Rubio in Mumbai on Oct 20: MEA

The discussions are expected to cover key areas of bilateral cooperation, including energy, critical energy issues, and regional and global developments, the MEA said

RBI approves amalgamation of Emirates NBD's Indian branches with RBL Bank

The amalgamation will take effect on December 1, 2026, following Emirates NBD's acquisition of a 60 per cent stake in RBL Bank through a Rs 26,000 crore capital infusion

FSSAI acts against Radisson Blu, e-commerce platforms over safety lapses

Food regulator flags hygiene violations at Radisson Blu, misleading claims for rice bran oil on e-commerce platforms, and suspends or cancels licences of two food businesses