Markets
Stock markets, IPOs and listings, currencies and commodities, from India and around the world.
Rupee gains for 8th session to 94.46 on Jio IPO inflows, but crude at $110 caps rally
Foreign money tied to the $3.2 billion Jio Platforms IPO lifted the rupee, while costly oil pushed bond yields to a multi-year high.
Meta plans non-voting Class C shares to fund AI as 2026 capex seen at $135B-$145B
The new stock, set to begin trading in January 2027, will work like a two-for-one split while Mark Zuckerberg keeps control.
SP Group presses Tata Sons to take up ₹25,000 Cr buyback plan
The debt-laden group wants its buyback proposal prioritised at the next Tata Sons board meeting, even as the RBI listing push continues.
Piramal Finance Q2 profit jumps 67% to ₹545 Cr; AUM at ₹1,13,112 Cr
The non-bank lender also completed a ₹3,850 crore equity raise, while its CEO flagged stress in loans to IT employees in South India.
CPCL Q2 net profit jumps over threefold to ₹2,271 Cr; ₹25 interim dividend declared
Chennai Petroleum Corporation Ltd (CPCL) gained from a gross refining margin of $20.41 per barrel, more than double last year's level.
Musk sees merit in Tesla-SpaceX merger; SpaceX shares up 12%, Tesla up over 3%
Elon Musk says special committees will decide, and a deal is not certain.
Kotak Mahindra Bank Q2 net interest income rises 15.7% to ₹8,459 Cr
The private sector lender's core interest earnings grew from ₹7,311 Cr a year earlier, NDTV Profit reported.
Apple India revenue rises over 32% to ₹1,04,607 Cr in FY26; profit up 66%
The Indian arm of the iPhone maker crossed ₹1 lakh crore in yearly revenue, with net profit growing faster than sales.
Jio Platforms IPO draws over 1 crore applications on ₹30,213 Cr issue
The issue is the first public offer in the world to cross that level, The Economic Times reported.
Swiggy revenue up 36.1% to 75.71 billion rupees, but Instamart loss widens to Rs 764 crore
Swiggy's sales came in above analyst estimates, while losses at its quick commerce arm Instamart grew.
Eternal Q2 profit rises 92% to Rs 125 crore as Blinkit turns EBITDA positive
Eternal, parent of Zomato and Blinkit, posted higher profit and revenue, and raised its Blinkit store target to 3,500 by March 2027.
EAAA India Alternatives IPO of ₹1,200 Cr opens Oct 26; price band ₹1,585–1,665
The Edelweiss-backed alternatives platform will sell shares only through an offer for sale, so the company gets no money.
Carlsberg readies India IPO filing of up to $700 million, say reports
The brewer is preparing to file publicly for a listing of its India business, with a launch possible as early as December.
Goldman: AI IPOs could add USD 50-100 billion to India’s listed market
A Goldman Sachs report sees private Indian AI firms heading to the stock market over the next two to five years.
PRISM, Oyo’s parent, plans to cut IPO fresh issue to up to ₹3,350 Cr
The company is said to be nearly halving the fresh issue from about ₹6,650 crore, as better cash flows reduce its funding needs.
