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🇮🇳India Edition • Calendar Week 3

October 2026 — Week 3

Week 3 (Oct 15 – Oct 21) (2026/10/15 to 2026/10/21)

Weekly Stories1,009Page 13 of 21
Automotive, EVs & MobilityBreaking
16 Oct 2026, 12:14 AM IST

Stocks Sena Launches Free Stock Research Platform, Raises $232,000 at $2.32 Million Valuation

Stocks Sena, a venture co-founded by Krishna Singhal and Pushan Jain, has launched a free stock research platform aimed at making Indian equity analysis more accessible to retail investors. The company also said it has raised $232,000 at a $2.32 million valuation, underscoring early investor interest in a product built around primary-source disclosures, screening tools and AI-assisted earnings-call analysis.

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India Entertainment & CultureBreaking
16 Oct 2026, 12:14 AM IST

Tom Cruise Reacts to 'Attack on Titan' at MAPPA's Tokyo Showcase

Tom Cruise drew attention at Studio MAPPA’s 15th-anniversary exhibition in Tokyo after visiting the showcase with filmmaker Alejandro G. Iñárritu and engaging with displays from the studio’s major anime titles, including 'Attack on Titan.' The appearance underscores the growing overlap between Hollywood’s top-tier talent and Japan’s anime industry, which continues to shape global entertainment culture.

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National Governance & PolicyBreaking
16 Oct 2026, 12:14 AM IST

Cabinet Approves Higher Income Ceiling for CMDRF Aid, Broadening Relief Access

The Cabinet has approved a proposal to raise the annual family income limit for financial assistance from the Chief Minister’s Distress Relief Fund, a move expected to widen the pool of households eligible for emergency support. The decision signals a recalibration of welfare access rules at a time when governments are under pressure to make relief mechanisms more responsive to inflation and household distress.

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Macro Economy & Fiscal PolicyBreaking
15 Oct 2026, 11:54 PM IST

Market Selloff and Higher Rates Put AI Data Centre Funding Boom Under Strain

A broad market selloff is forcing companies tied to the global artificial intelligence buildout to rethink fundraising plans, delay capital raises, or accept higher borrowing costs. Investors are demanding clearer evidence that the sector can withstand elevated interest rates, rising power bills, and the heavy upfront expense of computing infrastructure.

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Startups & Venture CapitalBreaking
15 Oct 2026, 11:54 PM IST

Stripe India MD Says AI Can Help Startups Build Global From Day One

At TechSparks 2026, Stripe India Managing Director Manish Maheshwari argued that Indian startups no longer need to treat the domestic market as a proving ground before going abroad. He said artificial intelligence is lowering the cost and time required to build products for global customers, while Stripe’s OpenRouter deal is designed to reduce the expense side of that equation.

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National Governance & PolicyBreaking
15 Oct 2026, 11:54 PM IST

India’s AI Push Will Succeed Only If Technology Is Bundled With Human Judgment, Leadership and Execution

India’s emerging artificial intelligence agenda is increasingly being framed not as a contest between machines and people, but as a test of whether technology can be paired with sound judgment, accountable leadership and disciplined execution. The central policy message is clear: AI may accelerate decision-making, but its public value will depend on institutions that can translate capability into reliable governance outcomes.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 11:54 PM IST

Sebi Prepares Fresh IPO, Short-Selling Reforms to Deepen Markets and Ease Compliance

India’s markets regulator is preparing a new round of reforms spanning IPO disclosures, SME listings, corporate bond trading and short-selling rules, as it seeks to reduce compliance friction while strengthening investor protection. Sebi Chairman Tuhin Kanta Pandey also outlined parallel initiatives including Demat 2.0 for tokenised bonds, an artificial intelligence sandbox and faster onboarding for foreign portfolio investors.

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India Sports & CricketBreaking
15 Oct 2026, 11:54 PM IST

Tamil Nadu Edge Closer to Glory as Emanjot’s Fight Keeps Rest of India Alive

Tamil Nadu moved within touching distance of a title after building a decisive advantage despite a spirited resistance led by Emanjot Kaur for Rest of India. The contest remained alive late into the day, but TN’s control of key phases left them firmly positioned to close out the match and claim the bigger prize.

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India Sports & CricketBreaking
15 Oct 2026, 11:54 PM IST

Tamil Nadu’s Batting Struggles Persist as Promising Pace Work Offers Limited Comfort

Tamil Nadu’s familiar batting frailties resurfaced in their Ranji Trophy opener, overshadowing an otherwise encouraging showing from the pace attack against Rajasthan. While the seamers gave the side early control and signs of depth, the top and middle order again failed to convert starts into a commanding first-innings position. The result leaves the team with an early reminder that bowling progress alone will not be enough to sustain a serious campaign.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:54 PM IST

Indian Banks Seen Posting 11% Q2FY27 Earnings Growth as FCNR Inflows Pressure Margins: Kotak

Indian banks are expected to report 11 percent year-on-year earnings growth in the second quarter of FY27, according to Kotak, with private sector lenders likely to outpace state-run peers. The brokerage said strong FCNR deposit inflows should support system liquidity and deposit growth, but may temporarily compress net interest margins.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:34 PM IST

Nilesh Shah Cites Hindustan Zinc as Template for IDBI Bank Divestment

Kotak AMC Managing Director Nilesh Shah has pointed to Hindustan Zinc as a case study in how strategic divestment, paired with a retained government stake, can create enduring public wealth. He said the Centre’s remaining holding in the company is now worth more than Rs 62,000 crore and voiced hope that IDBI Bank’s privatisation process could generate similar value for the exchequer.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:34 PM IST

Prem Watsa’s Fairfax Makes Its Biggest India Bet Yet With IDBI Bank Takeover

Prem Watsa’s Fairfax Financial is set to acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, in what would become India’s largest cross-border banking transaction. The deal signals a long-term attempt to build a broader financial services platform spanning banking, insurance, wealth management and capital markets, but it still faces regulatory scrutiny and execution risk.

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India Sports & CricketBreaking
15 Oct 2026, 11:33 PM IST

Hope’s Century Powers West Indies to Series-Ending Win Over India in Third ODI

Shai Hope struck his second consecutive century to anchor a composed West Indies chase and deny India a clean sweep in the third ODI, as the visitors overhauled a formidable target of 352 with 10 balls remaining. The result offered the Caribbean side a timely statement of resilience, while India were left to reflect on a rare collapse in control after posting a commanding total.

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National Governance & PolicyBreaking
15 Oct 2026, 11:33 PM IST

India Reports 3,832 Child Leprosy Cases as 2027 Transmission-Interruption Goal Faces Scrutiny

India has recorded 3,832 leprosy cases among children, including 37 diagnosed with Grade-2 disability at the time of detection, underscoring persistent gaps in early diagnosis and community surveillance. The figures have sharpened scrutiny of the country’s ambition to interrupt transmission by 2027, a target that now depends on faster case-finding, stronger contact tracing, and more reliable primary health screening.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:33 PM IST

Anup Bagchi Faces HDFC Bank’s First Big Test: Rebuilding Investor Trust

Incoming HDFC Bank chief Anup Bagchi inherits a franchise that remains structurally strong but is under sharper investor scrutiny after loan growth and return on equity drifted closer to industry averages. His immediate challenge is to prove that execution discipline and governance can restore the premium once attached to the bank’s growth and profitability profile.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:33 PM IST

RBI’s Latest Rate Cut Has Diluted Its Old Policy Framework, Says Nomura

Nomura said the Reserve Bank of India’s surprise 25-basis-point repo rate cut to 6.25 percent marks a meaningful shift in the central bank’s policy stance and effectively dilutes its earlier framework. The brokerage argued that the move signals a more growth-supportive bias, even as the RBI continues to manage inflation risks and liquidity conditions carefully.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 11:33 PM IST

Tech Mahindra Announces 1:1 Bonus Issue and Rs 15 Interim Dividend on 40th Anniversary

Tech Mahindra has approved a 1:1 bonus share issue and an interim dividend of Rs 15 per share, marking a shareholder-friendly move as the IT services company celebrates its 40th anniversary. The company said the bonus shares are expected to be credited by December 15, 2026, subject to regulatory and shareholder approvals, while October 23 has been fixed as the record date for the dividend.

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Macro Economy & Fiscal PolicyBreaking
15 Oct 2026, 11:13 PM IST

Corteva to Split Off Seeds Unit, Sharpening Focus on Crop Protection

Corteva has set out plans to spin off its seed business and emerge as a pure-play crop protection company, a strategic reset that would reshape the agricultural inputs landscape. The company also said it intends to launch 12 new active ingredients over the next decade, including five biologicals, underscoring a long-term push into higher-value, science-led products.

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Automotive, EVs & MobilityBreaking
15 Oct 2026, 11:13 PM IST

Nexedge Capital names ex-Avendus Wealth chief Apurva Sahijwani co-founder to accelerate expansion

Nexedge Capital has appointed Apurva Sahijwani, formerly of Avendus Wealth Management, as co-founder in a move aimed at strengthening its leadership bench and deepening its reach in India’s wealth management market. The firm said Sahijwani’s experience will support its expansion as it scales across 11 cities and serves more than 1,300 ultra-high-net-worth individuals and families.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 11:13 PM IST

Yes Bank Shares Sink 20% After Supreme Court Rules Rs 8,415 Crore AT-1 Bond Write-Off Illegal

Yes Bank shares plunged as much as 20% after India’s Supreme Court ruled that the write-off of the lender’s Rs 8,415 crore additional tier-1 bonds was unlawful, handing a major victory to bondholders. The judgment is likely to reverberate across India’s banking and debt markets, sharpening scrutiny of how distressed banks treat hybrid capital instruments and how clearly such risks are disclosed to investors.

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National Governance & PolicyBreaking
15 Oct 2026, 11:13 PM IST

President Droupadi Murmu to Visit Vijayawada’s Kanaka Durga Temple on October 14

President Droupadi Murmu will visit the Kanaka Durga temple in Vijayawada on October 14 during the Dasara Navarathri Utsavams, according to the NTR district administration. District officials said elaborate security, crowd-management and ceremonial arrangements are being put in place for the presidential visit, which comes amid one of Andhra Pradesh’s most significant religious festivals. The President is also scheduled to attend the National Saras Mela at Punnami Ghat on October 15.

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Startups & Venture CapitalBreaking
15 Oct 2026, 11:13 PM IST

TechSparks 2026 Day 3 Spotlights India’s AI Ambition, Climate Tech and Global Startup Links

TechSparks 2026 closes its third day with a programme that blends entertainment, policy-grade debate and venture capital signals, underscoring how India’s startup ecosystem is broadening beyond pure fundraising. With appearances by Zakir Khan and Prakash Belawadi alongside sessions on India’s estimated $100 billion AI opportunity, global alliances and climate tech, the event reflects a market seeking both scale and substance.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 10:53 PM IST

Zetwerk IPO Draws Tepid 23% Subscription on Day 1 as Investors Stay Cautious

B2B manufacturing company Zetwerk’s initial public offering received a muted response on the first day of bidding, with the issue subscribed 23% by 7:03 p.m. on October 10. The slow start suggests investors are taking a measured view of the company’s growth story, valuation, and the broader appetite for new-age industrial tech listings.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 10:53 PM IST

Pernod Ricard India Sales Rise 19% in September Quarter as IPO Planning Advances

Pernod Ricard India reported 19% sales growth in the September quarter, underscoring resilient demand and the continued premiumisation of the country’s spirits market. The company’s preparations for a potential initial public offering have also sharpened operational focus, though any listing will still require board approval.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 10:53 PM IST

RIL Shareholders Faced October 13 Cutoff for Jio IPO Reservation as Listing Nears

Reliance Industries shareholders had to own RIL shares by October 13 to qualify for the reserved quota in Jio Platforms’ Rs 2,500 crore IPO, clarifying confusion over whether October 14 was the relevant date. The issue opens on October 21 at a price band of Rs 1,065 to Rs 1,119 per share, with listing expected on October 28.

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National Governance & PolicyBreaking
15 Oct 2026, 10:53 PM IST

India, Japan Hold 12th Joint Working Group Session on Roads and Transport

India and Japan convened the 12th session of their Joint Working Group on roads and road transport, underscoring a long-running partnership focused on infrastructure quality, mobility, and technical cooperation. The meeting comes as India accelerates highway expansion and seeks deeper collaboration on safety, resilience, and advanced transport systems.

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India Sports & CricketBreaking
15 Oct 2026, 10:52 PM IST

Indian Kurash Athlete Yash Kumar Chauhan Fails Dope Test Ahead of Asian Games 2026

Indian kurash player Yash Kumar Chauhan, 24, has failed a dope test after his sample reportedly returned positive for at least three banned substances, including metabolites of the anabolic steroid Metandienone. The case is a serious setback for Indian combat sports and could trigger disciplinary action under anti-doping rules as the Asian Games 2026 cycle intensifies.

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India Sports & CricketBreaking
15 Oct 2026, 10:52 PM IST

Tamil Nadu Edge Closer to Title Despite Emanjot’s Defiant Heroics for Rest of India

Tamil Nadu moved within touching distance of glory after building a commanding position in their latest contest, even as Emanjot Singh produced a spirited resistance for Rest of India. The match tilted decisively toward Tamil Nadu through sustained pressure, disciplined execution and a stronger overall balance, leaving RoI with too much ground to recover despite Emanjot’s standout effort.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 10:52 PM IST

Jio IPO Valuation, Grey Market Premium and Key Numbers Put Ambani’s Telecom Giant in Focus

Reliance Jio’s long-anticipated public-market debut is drawing intense attention as investors assess valuation, grey market signals and the scale of the telecom and digital platform business built under Mukesh Ambani. The listing, if and when it proceeds, would be one of India’s most closely watched capital-market events, with implications for telecom competition, household wealth creation and broader market sentiment.

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Macro Economy & Fiscal PolicyBreaking
15 Oct 2026, 10:52 PM IST

GST Council May Protect Genuine Buyers From ITC Loss Over Supplier Defaults

The GST Council is weighing a framework that could prevent bona fide buyers from losing input tax credit when their suppliers fail to deposit taxes, while preserving enforcement against parties knowingly involved in fraudulent transactions. The proposed shift would mark a significant recalibration of India’s indirect tax regime, aiming to reduce hardship for compliant businesses without weakening anti-evasion action.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 10:52 PM IST

NBFCs Capture Nearly Half of Small New-to-Credit Loans as Delinquencies Stay Below Industry Average

Non-banking finance companies have emerged as a major channel for first-time borrowers, accounting for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. The data also shows that NBFC retail delinquency rates remain below the broader industry average, underscoring improved asset quality even as the sector expands its reach.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 10:32 PM IST

Paras Healthcare sets Rs 660-693 IPO band, targets Rs 1,450 crore as issue opens October 21

Paras Healthcare has fixed the price band for its initial public offering at Rs 660-693 per share, setting the stage for a Rs 1,450 crore fundraise when the issue opens on October 21. The hospital chain plans to use proceeds primarily for debt repayment and general corporate purposes, a move that could strengthen its balance sheet and support expansion across its Indian network.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 10:32 PM IST

Indian Bank, UCO Bank Lead Q2 Profit Growth as Treasury Income Slumps

Indian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank delivered double-digit profit growth in the September quarter, supported by stronger core lending income and steady loan expansion. The gains, however, were tempered by weaker treasury earnings as rising bond yields eroded mark-to-market gains, underscoring the pressure higher rates are placing on banks’ investment books.

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India Entertainment & CultureBreaking
15 Oct 2026, 10:32 PM IST

Raaj Kumar at 100: Revisiting the Singular Force of Hindi Cinema

As Raaj Kumar’s centenary is marked, Hindi cinema is being asked to reckon with a star who was impossible to imitate: aristocratic, abrasive, and unforgettable. His performances in films such as Waqt, Heer Raanjha and Pakeezah remain reference points for command, cadence and screen authority, even as his career also reflected the limits of a highly idiosyncratic style.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 10:32 PM IST

DBS CEO Cites FCNR(B) Demand as Evidence of Global Faith in India, Urges More FDI

DBS Bank CEO Tan Su Shan said strong demand for FCNR(B) deposits shows overseas confidence in India even as concerns persist about capital outflows and rupee pressure. She argued that India needs more foreign direct investment and stronger exports to reinforce currency stability, while also positioning the country as a major artificial intelligence opportunity.

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Startups & Venture CapitalBreaking
15 Oct 2026, 10:32 PM IST

Why Young Startup Employees Are Underinsured by More Than Rs 1 Crore

Many young startup employees believe their employer-provided cover and a basic personal policy are enough, but the arithmetic often says otherwise. Once outstanding loans, family obligations, inflation, and future income replacement are added up, the shortfall in term insurance can exceed Rs 1 crore by a wide margin.

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India Sports & CricketBreaking
15 Oct 2026, 10:32 PM IST

Ancelotti Backs India’s World Cup Ambition, Says He Hopes for an Entertaining Night

Carlo Ancelotti has voiced support for India’s long-term ambition to host a World Cup, framing it as a credible sporting goal for a country with a vast fan base and growing football infrastructure. Speaking ahead of the occasion, the Italian coach said he hoped it would be an entertaining night for everyone, underscoring the event’s symbolic value beyond the immediate result.

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Startups & Venture CapitalBreaking
15 Oct 2026, 10:32 PM IST

Google.org Commits $15 Million to The/Nudge to Expand Credit Access for Indian MSMEs

Google.org has pledged $15 million to nonprofit The/Nudge to help widen access to formal credit for micro, small and medium enterprises across India. The funding is aimed at strengthening the credit ecosystem for underserved businesses, a segment that remains central to employment and economic growth but continues to face persistent financing gaps.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 10:11 PM IST

Paytm’s Indian Ownership Climbs to 56% as Domestic Institutions Deepen Their Bet

One 97 Communications Ltd., the parent of Paytm, has seen Indian ownership rise above 56% in the latest quarter, underscoring a continued shift toward domestic control of one of India’s most closely watched digital payments companies. Domestic institutional ownership has also increased sharply to 29.5%, while foreign direct investment has eased to 18%, highlighting a changing shareholder base as local investors expand their influence.

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India Entertainment & CultureBreaking
15 Oct 2026, 10:11 PM IST

Assamese Film 'Rador Pakhi' Wins Special Jury Award in Moscow

The Assamese feature film Rador Pakhi has won a Special Jury Award at a Moscow film festival, giving fresh international visibility to regional Indian cinema. Inspired by an Assam-based writer living with spinal muscular atrophy, the film has been recognised for turning a deeply personal story of resilience into a work with cross-cultural resonance.

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National Governance & PolicyBreaking
15 Oct 2026, 09:51 PM IST

Trial Run of Kambala Passes Smoothly in Mysuru, Clearing the Way for the Season

A trial run of Kambala, the traditional buffalo race of coastal Karnataka, was conducted smoothly in Mysuru, signalling that preparations for the season are on track. The exercise is being closely watched as organisers and authorities balance cultural revival, animal welfare safeguards and event management standards.

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Startups & Venture CapitalBreaking
15 Oct 2026, 09:51 PM IST

Five AI Startups to Watch as India’s Market Moves Beyond the Model Race

India’s artificial intelligence sector is entering a new phase, with investors and founders increasingly focused on applications, infrastructure, and enterprise adoption rather than foundation models alone. In October, five startups stood out for showing how the country’s AI story is broadening into practical, revenue-linked businesses with clearer paths to scale.

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India Entertainment & CultureBreaking
15 Oct 2026, 09:51 PM IST

Lavanyavati Recasts Lavani Through Documentary Theatre, Centering the Women Behind the Form

A new documentary theatre production, Lavanyavati, is reframing lavani by placing the women performers at the centre of the narrative rather than the stereotypes that have long shadowed the art form. The work seeks to challenge public misconceptions about lavani and its artistes while opening a wider conversation on gender, labour, and cultural memory in Maharashtra’s performance traditions.

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India Sports & CricketBreaking
15 Oct 2026, 09:51 PM IST

PGTI Plans Prize-Money Hike Next Season, CEO Johl Says

The Professional Golf Tour of India is preparing to raise prize money across its events next season, a move aimed at strengthening the domestic circuit and improving player retention, CEO Amandeep Johl said. The proposed increase signals a broader effort to make the tour more competitive and commercially sustainable as Indian golf seeks deeper talent pipelines and stronger event economics.

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National Governance & PolicyBreaking
15 Oct 2026, 09:51 PM IST

Kerala Weighs Thrissur and Kasaragod Sites for Proposed All-India Institute of Ayurveda

Kerala is examining two land parcels in Thrissur and Kasaragod as potential sites for a proposed All-India Institute of Ayurveda, a central health education and research institution. More than 200 acres have been identified in Vettilappara Grama Panchayat in Thrissur and Cheemeni Grama Panchayat in Kasaragod, setting up an early-stage site selection process with major regional implications.

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Markets, IPOs & WealthBreaking
15 Oct 2026, 09:51 PM IST

Steel Stocks Gain as Government Extends Minimum Import Price on 66 Products

Indian steel and metal stocks advanced in late trade after the government extended the minimum import price framework on 66 steel products, reinforcing expectations of tighter protection for domestic producers. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1 percent from the previous close as investors priced in improved pricing power and a more supportive policy backdrop.

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India Sports & CricketBreaking
15 Oct 2026, 09:30 PM IST

Rahul and Revanth rescue Andhra again as Karnataka’s victory push stalls

Two young Andhra batters, Rahul and Revanth, produced another timely rescue act to blunt Karnataka’s bid for a decisive breakthrough in a tense domestic contest. Veteran Karun Nair then steadied the visiting side after an early wobble, ensuring the match remained finely balanced at the close of play.

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Banking, Fintech & InsuranceBreaking
15 Oct 2026, 09:30 PM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a move that had been part of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders, who had challenged the loss of their investments, and could reshape how stressed-bank resolutions handle hybrid capital instruments in India.

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