Equity News

Alibaba’s ADRs were down more than 8% in Friday’s afternoon trade following President Trump’s tariff threat against China.

The analyst highlighted that the company’s push to localize the magnet manufacturing process, from mining to magnet production, has gained momentum.

According to a Bloomberg News report, the details about the pact weren’t immediately clear.

The Enforcement Directorate (ED) questioned Muthoot Group MD George Alexander Muthoot in a money-laundering probe linked to an investor fraud case in Kerala, alleging fund diversion and misrepresentation of group companies.

Bentley Motors has launched new showrooms in Mumbai and Bengaluru, officially starting India operations under Škoda Auto Volkswagen India to tap the country’s booming luxury car market.

Bitfarms said the project-specific financing with Macquarie will be used to purchase long-lead equipment, begin civil construction, and build a substation for its Panther Creek data center campus.

According to The Wall Street Journal report, citing people familiar with the matter, the deal’s outcome is not guaranteed, and the exact details of the discussions could not be immediately learned.

The company’s Fund Raise Committee approved the allotment of 37,01,000 fully paid-up equity shares having a face value of ₹5 each, issued at a price of ₹535 per share (including a premium of ₹530 per share), aggregating to ₹198,00,35,000 Shares of Medi Assist Healthcare Services Ltd ended at ₹529.85, up by ₹0.65, or 0.12%, on the BSE.

This comes after the Trump administration sent a new proposal to the EU earlier this month, asking it to revise several laws around technology, digital, and corporate environmental sectors.

The securities purchase agreement covers the sale of about two million common shares, with the transaction expected to finalize around October 14.

Industry experts at the Global Fintech Festival 2025 in Mumbai stressed that India’s startup ecosystem needs greater liquidity through a robust M&A market. With new regulatory initiatives, global investor interest, and significant domestic capital waiting to be deployed, leaders say the time is right to scale innovation and create value for startups across the country.

According to a CNBC report, the CPI report was originally scheduled to be released on October 15, but the department had paused work due to the shutdown.

Roth Capital noted that the price target increase stems from a refreshed sum‑of‑the‑parts analysis that now captures TeraWulf’s existing high‑performance computing agreement.

JPMorgan noted that the company reported a "beat and raise" third quarter but said that it views Levi's outlook as conservative.

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Graphcore CEO Nigel Toon says the company’s new AI engineering campus in Bengaluru will be at the forefront of designing some of the world’s most advanced AI processors, tapping into India’s deep semiconductor talent pool as part of a £1 billion long-term investment.

Shares of Waaree Renewable Technologies closed at around ₹1,134.60 per share on the BSE, up 2.2% on Friday.

Revolut is preparing to launch its all-in-one payments app in India, offering domestic and international services a rewarding card experience, and even a kids’ variant. The fintech firm aims to convert a portion of India’s young, tech-savvy population into full KYC customers, with ambitious plans to process over $7 billion in transactions.

President Donald Trump suggested that China’s timing of announcing its export controls may be linked to the recent Middle East peace deal and said the U.S. could respond using its own resource monopolies.

As per the disclosure, the MoU aims to promote investments in Gujarat, with Advait Greenergy proposing to establish two projects aggregating to ₹1,450 crore in the state. Shares of Advait Energy Transitions Ltd ended at ₹1,764.00, up by ₹5.15, or 0.29%, on the BSE.

CAMS said the decision aims to enhance the liquidity of its equity shares, improve affordability and accessibility for retail investors, and broaden the shareholder base. Shares of Computer Age Management Services Ltd ended at ₹3,865.00, up by ₹33.90, or 0.88%, on the BSE.

The stock has rallied for the fifth consecutive week and surged past the $90 mark.

Earlier this year, all trustees of the Tata Trust had unanimously passed a resolution stating that Tata Sons should remain private. However, sources close to Tata Group told CNBC-TV18 that some trustees believe it is important to revisit the earlier resolution.

Quoin said that the purchase agreement also includes an initial upfront funding of $16.5 million and up to an additional $88 million upon the potential cash exercise of accompanying warrants at the election of the investors.

According to a CNBC report, crypto investments were thus far restricted to clients with aggressive risk tolerance and at least $1.5 million in assets who opted for taxable brokerage accounts.

The project spans around 1.65 acres and is strategically located near MLDL’s ongoing redevelopment project, Mahindra Codename64, reinforcing the company’s presence in the Malad micro-market. Shares of Mahindra Lifespace Developers Ltd ended at ₹369.20, up by ₹12.50, or 3.50%, on the BSE.

The missions, both set to launch from Rocket Lab’s New Zealand-based Launch Complex 1, will support JAXA’s Satellite Technology Demonstration Program.

While Dow Jones futures edged up by 0.02% at the time of writing, the S&P 500 futures were down by 0.03%.

According to a Bloomberg News report, citing a company spokesperson, with backing from Sequoia Capital and Andreessen Horowitz, Kalshi has raised over $300 million in this new investment round.

The equity offering consists of 16.5 million shares of IonQ’s common stock, priced at $93 per share, and pre-funded warrants to purchase five million shares, at $93 per warrant.

The firm alleged Red Cat overstated the size of a key Army contract by roughly 60% and misrepresented its new drone, FANG, as a market-ready product.

Shares of the company ended at a price of ₹928.25 a piece on the BSE today, down 0.4% from last day's close. The stock has risen by over 15% in the year-to-date period.

EightCo Chairman Dan Ives said the new program will assess single sign-on capabilities and verification pathways to help companies secure AI workloads and applications.

RBC Capital stated that margin and earnings pressure are primarily driven by higher-than-expected selling, general, and administrative expenses, as well as the incremental U.S. tariff impact forecast for the second quarter and fiscal 2026.

In an interview with CNBC, Waller expressed concerns about conflicting signals from economic data, pointing to a weakening labor market even as the GDP growth remains strong.

China’s new export curbs on rare earth minerals and EV components could disrupt global supply chains, with India’s battery and motor manufacturing set to face restrictions on imports and re-exports. Experts say Beijing’s move reflects a strategic response to US trade measures rather than an immediate threat to India’s industry.

The acquisition includes Orbital’s lead experimental therapy, known as OTX-201, which uses circular RNA to enable in-body production of CD19-targeting CAR T-cells through lipid nanoparticle delivery.

In the commercial offices segment, leasing momentum remained strong, with gross leasing of around 7.2 lakh square feet completed in H1 FY26 across Mumbai, Pune, Bengaluru, and Chennai. Shares of Phoenix Mills Ltd ended at ₹1,592.20, down by ₹1.60, or 0.10%, on the BSE.

Delhi chief minister Rekha Gupta highlighted that since the beginning of this financial year, the government has been working systematically to streamline the GST refund process for traders.

The firm cited miners’ access to high-density, pre-secured power capacity as a key advantage.

According to a CNBC report, Bessent, along with two senior Treasury officials and two senior White House officials, will conduct another round of interviews with the five candidates over the coming weeks and months.

Serve Robotics said it intends to use net proceeds from the offering for general corporate purposes, including working capital.

The watches—priced between $499 and $799—are being marketed as “for those who want to stand out in all the right ways.” Each household can order up to three, because apparently even loyalty has a purchase limit.

The NCDs, proposed to be listed on the National Stock Exchange of India Limited under the New Debt Market (NTRP), carry a coupon rate of 7.2190% per annum. Shares of L&T Finance Ltd ended at ₹255.76, down by ₹4.48, or 1.72%, on the BSE.

Applied Digital Chairman and CEO, Wesley Cummins, said the company anticipates significant expansion in Polaris Forge 2, driven by increasing power availability and demand from hyperscale clients.

Shares of Man Industries (India) Ltd ended trading at a price of ₹383.00 each on the BSE, 3.9% higher from last close. The stock has surged 42% over the last six months.

The companies stated that the combined company will operate under the name Terra Innovatum Global N.V. and its ordinary shares will commence trading on the Nasdaq Global Market under the ticker symbol "NKLR" on October 10.

Even amid a slowdown, India’s microfinance sector remains focused on livelihood support — 91% of loans were channelled towards income-generating activities, as per the latest Sa-Dhan Bharat Microfinance Report.

The transaction is valued at ₹797 crore, subject to closing adjustments. As per the terms of the agreement, 50% of the sale consideration will be paid on the Closing Date, as defined in the BTA, while the remaining amount will be payable within 150 days from the Closing Date. Shares of Mankind Pharma Ltd ended at ₹2,464.00, down by ₹15.40, or 0.62%, on the BSE.

Violations of these sanctions could result in civil or criminal penalties. The department added that the ultimate goal of sanctions is "not to punish" but to "bring about a change in behaviour."