Equity News

India's trade delegation has concluded its visit to the US, with government sources reporting that discussions with American officials progressed smoothly and "no major differences" emerged. Despite high tariffs, India's exports to the US grew 13.3% in the first half of the year, reflecting resilience amid global trade challenges. The Commerce Ministry highlighted ongoing efforts to diversify energy imports and monitor the tariff impact on key sectors.

DB Corp expects steady growth in advertising revenue in the second half of FY26, driven by improving demand trends and sectoral tailwinds. The company is optimistic about sustained momentum from GST-led consumption and stability in newsprint costs, which should help maintain healthy margins.

Persistent Systems is betting on efficiency, profitability, and measured hiring to drive its next phase of growth. With a clear focus on margin discipline and a “just-in-time” hiring approach, the company believes it can achieve its ambitious $2 billion revenue target by FY27 without compromising operational control.

Canara Robeco AMC’s Managing Director and CEO Rajnish Narula said the mutual fund house will continue to rely on an investment-led strategy and strong equity focus to drive growth post-listing. With 91% of its assets under management in equities, Narula said the AMC is confident of replicating its past performance and sustaining growth momentum in the coming years.

The investment will involve a capital infusion of up to ₹26,853 crore at a price of ₹280 per share.

The approved abbreviated new drug application (ANDA) covers the injectable suspension at a concentration of 40 mg/mL, allowing Alembic to supply a key corticosteroid formulation in the U.S. generics market.

Provisions for the quarter fell 12.5% sequentially to ₹1,452 crore from ₹1,659 crore in Q1 FY26, primarily due to lower provisions in the microfinance book.

Bajaj Auto is moving swiftly to restructure KTM, focusing on cutting overheads and streamlining white-collar roles while safeguarding production staff. The Indian company, which is set to take majority control of the Austrian motorcycle maker, is also revamping the management team and strengthening domestic and export sales, aiming to restore stability and confidence after KTM’s recent financial crisis.

Provisions surged to ₹2,622.4 crore, up from ₹1,737.8 crore in Q1 FY26 and ₹1,820.1 crore in Q2 FY25, reflecting higher credit costs during the quarter.

Nearly 47% of the profit came from the sale of shares in the NSDL IPO concluded in the last quarter.

The company’s net profit rose to ₹1,232 crore, up from ₹703 crore in the same period last year.

The country's largest private lender said its net profit rose to ₹18,641.3 crore, up from ₹16,821 crore in the year-ago period, exceeding market estimates of ₹17,252 crore, according to a CNBC-TV18 poll.

India's largest cement maker aims to add 22.8 million tonnes to annual cement manufacturing capacity.

The public sector lender’s net profit rose to ₹4,904 crore, up from ₹4,304 crore in the year-ago period.

In a joint press conference on Dhanteras, which marks the beginning of five days of Diwali festivities, Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, and Information and Broadcasting Minister Ashwini Vaishnaw said these reforms are expected to give a major boost to consumption and investment in FY26.

The private lender, which has been focusing on improving profitability and maintaining a healthy balance sheet since its restructuring in 2020, said its net profit rose to ₹655 crore in the second quarter ended September 30. This is higher than a profit of ₹553 crore reported a year earlier.

Generative AI has moved well beyond experimental chatbots. Banks now deploy AI assistants capable of real-time policy summaries, hyper-personalised financial recommendations, and context-aware conversations, writes Calsoft's Principal Architect Debajit Sen.

As per the amended deal, LAVA shareholders will receive an initial cash payment of $1.04 per share, down from the range of $1.16 to $1.24 initially agreed upon.

The EBITDA margin fell to 21.5%, compared with 26.5% in the corresponding quarter of the previous fiscal. Shares of RPG Life Sciences Ltd ended at ₹2,295.00, down by ₹11.00, or 0.48%, on the BSE.

The U.S. President added that China does not want the United States to hike tariffs by 100%, and that it “wants to talk.”

BTIG said that the company's September Asset-Backed Securities performance data for its closely-watched 2025-N1 issuance has shown signs of improvement.

Meta’s parental supervision tools will first be rolled out on Instagram in early 2026, in English across the U.S., the U.K., Canada, and Australia.

Nukkleus announced that it had taken the majority ownership in the sponsor of a newly formed special purpose acquisition company named SC II.

The program, announced in June, aims to reduce the time taken for FDA assessments from the standard 10 to 12 months to one to two months.

With the latest conversion, IndiGo now has firm orders for 60 A350-900 aircraft and retains purchase rights for 40 more wide-body aircraft. Shares of Interglobe Aviation Ltd ended at ₹5,852.00, down by ₹29.00, or 0.49%, on the BSE.

According to a CNBC report, Jefferies reaffirmed its “Buy” rating on the stock, underscoring how rival firms are still trailing the company’s advanced ecosystem.

Shares of regional banks fell on Thursday after Western Alliance (WAL) disclosed that a borrower failed to provide first-position collateral loans, triggering fraud concerns.

Dalio called gold “the most sound fundamental investment,” adding that it is a very effective diversifier to other asset classes like debt and equity.

Kezar announced on Thursday that it was unable to align with the FDA on a potential registrational clinical trial of Zetomipzomib in patients with relapsed and refractory autoimmune hepatitis.

Greg Miley stated that he will join Novo Nordisk next month as the company’s senior vice president of corporate affairs.

Mazagon Dock Shipbuilders said that it has signed an exclusive Memorandum of Understanding (MoU) with France’s Naval Group on October 16 to jointly offer evolved submarines to a friendly foreign nation under its ongoing submarine acquisition programme. Shares of Mazagon Dock Shipbuilders Ltd ended at ₹2,818.00, down by ₹13.90, or 0.49%, on the BSE.

Downdetector showed that 9,597 users in the United States were facing issues with PayPal at 12 pm ET, and 8,373 users were having outages on Venmo as of 11:47 am ET.

Marico has acquired the remaining 46.02% stake in HW Wellness Solutions, making True Elements a wholly owned subsidiary.

Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm.

While Bank of America acknowledged that Oracle’s EPS margin goals appear realistic, it flagged challenges in rapidly scaling data center capacity due to supply constraints involving real estate, energy, and GPU availability.

According to data from Fiscal AI, analysts on average expect the company to report earnings per share of $0.53, below the $0.72 reported in the September quarter of 2024.

Consolidated net profit fell to ₹125 crore for the quarter ended Sept 30, compared with ₹130 crore a year earlier.

ShareChat narrows losses and hits operational breakeven as it bets on micro-dramas and subscriptions to drive next-phase growth amid competition from YouTube and homegrown rivals.

According to a SEC filing on Thursday, CEO Andrew Dudum sold 175,661 shares of the company for an aggregate value of about $11 million.

The company’s board of directors declared a second interim dividend of ₹4.60 per equity share (of face value ₹10 each) for the financial year 2025–26. Shares of REC Limited ended at ₹374.90, down by ₹2.60, or 0.69%, on the BSE.

Stocktwits data showed that chatter around Circle’s stock increased 120% over 24 hours, as of Friday morning.

Wedbush’s new price target implies a whopping 730% potential upside to the stock’s closing price on Thursday.

The company forecasts a 9% to 10% increase in 2025 revenue, up from the prior expectation of 8% to 10%.

According to a CNBC report, Bezos noted that different industries will all use AI at different rates, although he said he could not outline a timeline for this.

VirnetX announced that it had secured a General Services Administration (GSA) Multiple Award Schedule contract on Thursday.

According to a Reuters report, the move comes after the company failed to recover lost business in the wake of the ban and intensifying tech tensions between the U.S. and China.

TD Cowen raised its price target on Datadog to $180 from $175, noting that it anticipates third-quarter results surpassing guidance by roughly 23%.

Jio’s ARPU is a closely watched metric among investors, as it directly influences revenue and profitability in India’s highly competitive telecom sector.

Oklo said that newcleo plans to invest up to $2 billion via a newcleo-affiliated investment vehicle.

During an interview on CNBC, Pinto stated that there is little evidence of deterioration in the asset quality in the banking system as a whole.