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Jio IPO creates history! Shares list at 21% premium, but what happened after market opening?

Mumbai/IBNS: Shares of Jio Platforms, which launched the country's largest public offering, were listed at Rs. 1,359 apiece on the BSE and NSE on Wednesday, marking a spectacular premium over the issue price, media reports said.

India Inc’s business confidence rebounds to 107.8 in Q2 FY27: NCAER survey

Business confidence in India improved in the second quarter of FY2026-27 after declining for four consecutive quarters amid prolonged geopolitical uncertainties, according to the latest survey by the National Council of Applied Economic Research (NCAER).

Tech Mahindra partners with SpaceXSI to accelerate AI-powered software development for global enterprises

Indian IT services major Tech Mahindra has partnered with AI coding platform SpaceXSI to help global enterprises modernise legacy applications, accelerate software development and improve engineering productivity through artificial intelligence.

Eastern Coalfields Limited distributes appointment letters to 90 candidates

Eastern Coalfields Limited (ECL) distributed appointment letters to 90 recruits under the Rehabilitation and Resettlement (R&R) scheme and the National Coal Wage Agreement (NCWA) provisions at a programme held on Friday.

Onion prices set to get relief? Centre sends 440 tonnes to Tripura ahead of festive season

In a major step towards strengthening onion supplies and keeping prices affordable ahead of the festive season, the Department of Consumer Affairs is expanding the distribution of buffer onions under the Price Stabilisation Fund (PSF), with the first-ever Kanda Express consignment to Agartala in Tripura.

India exports maiden consignment of organic Palmyra Jaggery Powder to Bulgaria

India has exported its maiden consignment of organic Palmyra Jaggery Powder to Bulgaria, marking a significant step towards expanding international markets for the country’s traditional agricultural products.

12 nations turn to Bengal: ICC hosts diplomats in Kolkata to explore trade and investment opportunities

Kolkata/IBNS: The Indian Chamber of Commerce (ICC), headed by Parthiv Neotia, welcomed delegates and diplomats from 12 countries to a 2-day engagement at West Bengal’s metro city, Kolkata.

Netflix to lay off 1,000 employees as competition from YouTube, TikTok intensifies

Streaming giant Netflix is reportedly planning to lay off around 1,000 employees, representing approximately 6% of its workforce, amid intensifying competition from rival platforms.

Hyundai announces $15.5 billion India investment plan through 2032: Here's what's coming

South Korean automotive giant Hyundai Motor Group has announced plans to invest $15.5 billion in India between 2026 and 2032, positioning the country as a strategic core market for its future growth, expansion into emerging markets and next-generation automotive innovation.

Government approves Fairfax Financial as strategic buyer for 60.72% stake in IDBI Bank

The Cabinet Committee on Economic Affairs (CCEA) on October 14, 2026, approved 10955230 Canada Inc., the parent entity of Fairfax Financial Holdings Ltd., as the strategic buyer for a 60.72% stake in IDBI Bank Ltd.

Modi, Anita Anand discuss trade, defence and energy as India-Canada ties gain momentum

Foreign Minister of Canada, Anita Anand, called on Prime Minister Narendra Modi on Wednesday when they discussed ongoing efforts to strengthen bilateral ties and expand cooperation in areas of mutual interes.

India’s Gem and Jewellery exports jump 9.43% in September; gold and silver shine

India’s gross gem and jewellery exports rose 9.43% year-on-year in US dollar terms and 18.24% in rupee terms to $2.95 billion (Rs 28,157.55 crore) in September 2026, compared with $2.70 billion (Rs 23,813.91 crore) in the same month last year.

India's wholesale inflation surges to 11.39% in September: Here's what drove the jump

India's wholesale price index (WPI)-based inflation rose to 11.39% year-on-year (YoY) in September 2026, up from 9.92% in August, according to government data released on Wednesday, amid the ongoing festive season.

Sitharaman to meet IMF Chief, Global Finance Ministers in Bangkok: Here’s what to expect

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will undertake an official visit to Bangkok, Thailand, from October 14 to 18, 2026, to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of G20 and G7 Finance Ministers and Central Bank Governors (FMCBG).

No jobs, no future? UNDP warns 800 million young people are at risk

Approximately 800 million young people entering the labour market in developing economies over the coming years will not find jobs unless countries act, the head of the UN Development Programme (UNDP) warned on Tuesday, as the agency launched two initiatives to boost investment and employment.

Citi and Credendo announce USD 328 million financing for IndiGo’s eight Airbus aircraft

Citi and Credendo, Belgium’s export credit agency, today announced the successful closing of a USD 328 million financing for eight Airbus aircraft (six A321s and two A320s) for IndiGo. Under the structure, Citi acted as Sole Mandated Arranger, ECA Coordinator and Sole Lender, with the financing backed by Credendo’s credit insurance.

Shree Cement commissions 3 MTPA cement grinding facility with an investment of AED 115 million in UAE. All details here

Shree Cement Limited has announced the successful commissioning of a 3 MTPA cement grinding facility at Union Cement Company (UCC), a subsidiary of Shree Cement Limited, in, Ras Al Khaimah, UAE, with an investment of AED 115 million.

Adani, Jabil join hands for AI manufacturing in India: What we know about the mega deal

Adani Enterprises Limited (AEL), the flagship company of the Adani Group, and Jabil Inc. (NYSE: JBL), a global engineering, supply chain and manufacturing company, have signed a non-binding Memorandum of Understanding (MoU) setting out the framework for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data centre equipment in India.

Sensex, Nifty rally after prolonged slump: IT stocks, Rupee gains lift market sentiment

Information technology stocks emerged as the biggest gainers of the session, supported by stronger-than-expected July-September quarter results.

MDR charges on UPI implementation postponed till this date! What do customers and merchants need to know now?

The implementation of Merchant Discount Rate (MDR) charges on select Unified Payments Interface (UPI) transactions has been deferred until after Diwali, following requests from trader bodies and payment industry stakeholders.