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Manipal Group submits interest to acquire Byju’s parent firm

This is MEMG’s second submission after the deadline extension. Manipal aims to review financial and operational information for a potential resolution plan.

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Billionbrains Garage Ventures Ltd. Stock Surges 48% Post-IPO with Strong Investor Demand

Groww’s parent company, Billionbrains Garage Ventures, extended its post-listing rally on Friday, with the stock trading nearly 50% above its issue price. The company’s Rs 6,632-crore IPO, open from November 4 to 7, drew strong interest, recording 17 times subscription…

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BDL shares jump 7% after strong Q2 earnings, Rs 2,100 cr defence order win

Bharat Dynamics rose sharply after its Q2 PAT surged 76% YoY to Rs 216 crore, and revenue doubled to Rs 1,147 crore. The company won a major Rs 2,095.7 crore defence order for Invar anti-tank missiles, boosting investor sentiment.

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India, Canada revive ties with critical minerals, aerospace partnerships

India and Canada have announced long-term partnerships in critical minerals and clean energy, alongside exploring aerospace trade opportunities. This marks a revival in bilateral ties following discussions at the 7th Ministerial Dialogue on Trade and Investment in New Delhi. Both…

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Supreme Court gives big relief to CAs, says Form 15CB doesn’t amount to money laundering

Apex court upholds Madras HC view that statutory Form 15CB certification cannot trigger PMLA liability; experts say the ruling finally draws a clear line between compliance work and criminal culpability.

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Risk-off poised to drag rupee near record low, challenging RBI’s defence

The Indian rupee is poised to open near its all-time low, pressured by global risk aversion and rising U.S. yields. Traders are closely watching if the Reserve Bank of India will again defend the 88.80 level, a key support it…

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News

  • India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

    India leads Hurun’s U35 comparisons with 180 entrepreneurs, ahead of China’s 101 and the UK’s 62. It also has the most women.

  • Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

    Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinet’s latest meeting. While the announcement remains pending, two other proposals have received approval. 

  • Who is Romita Mazumdar? Foxtale founder is only woman among Hurun’s 10 youngest entrepreneurs

    Romita Mazumdar, Foxtale’s founder and CEO, is the youngest woman on the Avendus Wealth–Hurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

  • Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

    Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

  • HDFC Small Cap Fund is the only scheme with negative YTD returns in 2026: What sets it apart from the category leader?

    HDFC Small Cap Fund has delivered negative returns in 2026 so far, while Bank of India Small Cap Fund leads the category with 32.71% returns. Differences in small-cap allocation, sector exposure and stock selection offer insights into the contrasting performance of the two schemes.

  • Govt renames NSAP as PM Samajik Sahayata Yojana, raises disability pension to ₹375; minimum age limit removed

    The Union Cabinet has approved renaming the National Social Assistance Programme (NSAP) and revising disability pension rules. Monthly assistance will rise to ₹375 for beneficiaries aged 0-79 and ₹625 for those aged 80 and above, while the disability threshold drops from 80% to 40%.

  • Sent money to the wrong UPI ID? Here’s how to raise a complaint and recover it

    Report the transaction through your UPI app and bank immediately to improve your chances of recovering the money

  • US stocks: You receive $75 on a $100 dividend, but India may tax the full amount again; how to claim relief

    Indian residents earning dividends from US stocks generally receive payouts after US withholding tax. The full dividend is again taxable in India. Here's how to claim relief.

  • SC makes insurance mandatory for all train tickets from Oct 27; here's what it means for customers booking offline

    The Supreme Court has directed Indian Railways to make insurance mandatory for all tickets bought at station counters from October 27, 2026, extending coverage already available optionally to online ticket holders. Details here. 

  • Asked to be an executor? Know your duties before you agree

    Being an executor involves managing a deceased person’s estate, settling liabilities and distributing assets. Here’s what the role entails and when you can renounce it.

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