₹2,814 crore scheme to fund lithium, nickel processing plants
The Cabinet approved a 30% capital subsidy for two lithium and two nickel plants, expected to draw about ₹10,000 crore of investment
2 min readBusiness News
Mines Secretary: mineral tax parity plan won't hurt states' rights
Keshav Chandra says states will keep taxing powers under the MMDR amendments and get 92-93% of mining revenue; opposition-ruled states have objected
2 min readEquitas SFB names Balaji Nuthalapadi interim CEO; shares jump 9%
The appointment needs RBI approval; founder P.N. Vasudevan quit last week over a perceived conflict of interest linked to his daughter's NBFC
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Railways' October freight hits record 145 million tonnes
Food grains loading jumped 26% and coal to power plants 19.5%; growth is well up on October 2025's 2.3%
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Poultry industry wants live chicken held at ₹110 a kg
Breeders meeting in Hyderabad call the recent price fall seasonal and will press Delhi for duty-free non-GM maize as feed costs rise
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Jet Airways seeks ₹872 crore from Boeing; NCLAT issues notice
The airline's liquidator says Boeing must return advances paid in 2013 for planes it never delivered; Boeing says the money was set off against Jet's dues
2 min read
Bajaj Finserv Q2 profit up 23% to ₹2,758 crore
Revenue rises 17% to ₹43,416 crore; growth is well ahead of last year's 8%, but general insurance profit falls almost a fifth
1 min read
After a 12% jump, analysts give 4 reasons Reliance can rise
Monday's rally was the stock's biggest one-day gain since April 2020; brokerages point to volumes, short covering, results and the Jio listing
2 min readZen Technologies stock jumps as Q2 revenue nearly doubles
The anti-drone and simulator maker posted its highest quarterly revenue, after saying in July that its sales would be weighted to later quarters.
2 min read
IndiGo expects first A350s in 2028, says CEO Walsh
At his first in-person briefing since taking charge, the airline chief called conditions challenging but said long-haul remains the opportunity.
2 min read
Motherson Wiring shares surge 13% as Q2 profit rises 35%
Revenue rose 47% to ₹4,054 crore on higher vehicle content and new models, though materials costs grew faster.
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Axis Diwali picks: Reports differ, but four names match
Coforge, Hindalco, APL Apollo Tubes and Elecon appear in both accounts of the brokerage's list; four others appear in only one.
2 min read