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- Kent Group eyes Rs 1,750-cr revenue in FY27, plans Rs 500-cr investment in new facilityon October 21, 2026 at 1:00 pm
Kent RO Systems anticipates a revenue growth of about 30% this fiscal year to Rs 1,750 crore. The company plans to invest Rs 500 crore in a new manufacturing facility over the next three years. It recently entered the solar energy sector, focusing on hybrid inverters and batteries, which it views as a significant market opportunity.
- India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the clubon October 21, 2026 at 12:45 pm
Vietnam recently signed a free trade agreement with the European Free Trade Association, expanding its trade network. This agreement comes as India's interaction with EFTA continues to evolve, with potential impacts on competition. Both countries aim to enhance exports to these markets despite different timelines of agreement enactment.
- Blinkit expects to cross 3,500 stores by FY27; CEO Albinder bullish on growth in small citieson October 21, 2026 at 12:29 pm
Eternal's quick commerce platform Blinkit is set to expand significantly, aiming for 3,500 stores by March 2027. CEO Albinder Dhindsa emphasizes the potential in smaller cities that have been underserved. Despite lower incomes, data suggests demand is rising as stores cater to unfulfilled needs. The company has seen substantial growth, reporting a profit after previously experiencing losses.
- Novotel Chennai SIPCOT appoints Sharon Raj as director of operationson October 21, 2026 at 11:30 am
In the current role at Novotel Chennai SIPCOT, Raj brings a cross-functional perspective to strengthening operational standards, and enhancing guest experiences in Chennai’s SIPCOT market. She will lead the hotel's operational functions with a focus on guest experience, service excellence, commercial coordination and overall operational performance, said a release.
- India presents a compelling investment proposition for German firms: Ficcion October 21, 2026 at 11:00 am
India is increasingly seen as an attractive investment destination for German companies amid growing economic fundamentals. The country offers significant untapped consumption potential, particularly in various key sectors including automotive and electronics.
- Anthropic's confidential IPO filing reveals USD 80.7 billion H1 loss, massive computing costson October 21, 2026 at 10:30 am
Leading super intelligence company Anthropic reported a net loss of USD 80.7 billion in the first half of 2026, while outlining significant computing costs, customer concentration and potential AI-related liabilities ahead of a planned initial public offering (IPO), according to a draft prospectus reviewed by The Wall Street Journal.
- Carlsberg said to near public filing for $700 million India IPOon October 21, 2026 at 10:04 am
Carlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week and a possible December launch. The proposed offering would involve a secondary share sale, as India’s IPO market gains momentum. Carlsberg India holds approximately 22% market share.
- HDFC Bank investigates two senior executives over alleged leak of business secretson October 21, 2026 at 9:24 am
HDFC Bank conducted an internal investigation after concerns about confidential information being leaked surfaced among executives. The probe discovered that two senior executives disclosed sensitive business strategies to outsiders, prompting further examination. This investigation is ongoing, and the involved executives have already been informed of the findings. The bank is committed to upholding ethical standards and will take appropriate action based on the investigation's results.
- Mahindra Manulife Insurance appoints Nilesh Kothari as CFOon October 21, 2026 at 8:36 am
Kothari joins the life insurer with over 22 years of experience in the insurance sector, having previously served as CFO of PNB MetLife India Insurance.
- FDI limit in PSU banks likely to be hiked from 20 pc to 49 pcon October 21, 2026 at 7:39 am
The government is mulling raising the foreign direct investment (FDI) limit in public sector banks (PSBs) from 20 per cent to 49 per cent, according to multiple reports.
- SBI says 3,897 customer records exposed on dark webon October 21, 2026 at 7:19 am
SBI was alerted on October 16 by its threat intelligence service provider, Defence Cyber Agency and CERT-In about suspected customer data exposure on the dark web; the bank activated cyber incident response protocols and brought in an independent CERT-In-empanelled agency to investigate.
- Rupee to rise on Jio IPO inflows, RBI while oil risks cloud outlookon October 21, 2026 at 6:47 am
The Indian rupee is likely to rise on Wednesday, supported by dollar inflows linked to the Jio Platforms IPO and by the Reserve Bank of India's support,
- Piramal Finance appoints former SBI chairman Dinesh Khara as Independent Directoron October 21, 2026 at 6:13 am
Piramal Finance has named Dinesh Kumar Khara, who headed the State Bank of India from October 2020 to August 2024, as an Additional Director designated Independent Director. The five-year term starts October 19, 2026 and needs shareholder approval.
- Gold may hit $5,000 an ounce as central banks, Asian buyers drive demandon October 21, 2026 at 5:40 am
Gold prices are predicted to stay elevated between USD 4,200 and USD 5,000 per ounce over the next two years. Central bank purchases and strong demand from Asian markets are driving these prices. While US interest rate movements traditionally influence gold, their impact is diminishing. Increased global gold production is forecasted, but supply limitations may sustain price levels. Geopolitical developments could influence gold's future price trajectory significantly.
- Oil prices today: Brent crude tops $110 as Middle East tensions threaten shipmentson October 21, 2026 at 5:39 am
Oil prices have risen due to growing concerns over disruptions in Middle East supplies and threats to shipping routes. Recent attacks on vessels and infrastructure have heightened worries among traders and analysts. While Brent crude futures climbed to $110.10, WTI crude also saw an increase following previous declines. US officials are working with refiners to address rising fuel prices and shortages.
- Sensex jumps 571 points, Nifty rises 167 points on India-US trade deal optimismon October 21, 2026 at 5:38 am
Indian equity benchmarks Sensex and Nifty opened higher on Wednesday, supported by optimism over a possible India-US trade deal, although elevated crude oil prices and US bond yields are expected to keep markets under pressure.
- Oil prices today: Brent crude tops $110 as Middle East tensions threaten shipmentson October 21, 2026 at 2:41 am
Oil prices have risen due to growing concerns over disruptions in Middle East supplies and threats to shipping routes. Recent attacks on vessels and infrastructure have heightened worries among traders and analysts. While Brent crude futures climbed to $110.10, WTI crude also saw an increase following previous declines. US officials are working with refiners to address rising fuel prices and shortages.
- FMCG brands turn up the volume on ads as costs and scrutiny riseon October 21, 2026 at 2:28 am
Multiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle India reported a significant rise in ad spending during the September quarter to enhance brand trust. Regulatory scrutiny from the FSSAI has prompted brands to emphasize safety and integrity in their advertising. Influencer-led marketing efforts are expected to grow significantly during the upcoming festive season.
- Jio Platforms IPO: Ten things to know before you investon October 21, 2026 at 2:28 am
The IPO comes against the backdrop of a business that combines large scale connectivity with proprietary technology and a growing digital services operation.
- Flipkart may be planning to challenge Zomato and Swiggy with food delivery businesson October 21, 2026 at 2:28 am
The closed, employee-only service is integrated directly into Flipkart’s primary smartphone application, the report said, adding that it sits as an independent tab alongside the platform’s Minutes quick-commerce vertical and its travel booking portal. To power the catalog, Flipkart is tapping into two distinct restaurant pipelines: