Rain havoc: Over 30 Darjeeling tea gardens destroyed; Rs 50 cr loss feared

The recent flash floods and landslides triggered by heavy rain in north Bengal have caused massive destruction in at least 30-35 tea gardens in Darjeeling, with reports of loss of plantation areas, deaths of workers and damage to houses of

LG Electronics’ Rs 11,607-cr IPO garners 54 times subscription

The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. Photograph: Kim Hong-Ji/Reuters The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares

India-UK free trade pact will boost MSMEs, create jobs: Modi

Prime Minister Narendra Modi on Thursday said the India-UK free trade pact will boost MSMEs and create jobs, and exuded confidence that the target of doubling bilateral trade will be achieved ahead of 2030 deadline. IMAGE: Prime Minister Narendra Modi

USD revenue yet to be declared; deal wins in-line with estimates

TCS Q2 Results Live Updates: Tata Consultancy Services Ltd. (TCS), the largest Indian IT services company, reported constant currency revenue growth for the September quarter for the first time in three quarters. Revenue growth in constant currency terms stood at

Emerging Assets Rise as Mideast Deal Impact Adds to AI Frenzy

(Bloomberg) — Emerging markets rose as the latest surge in the Asian tech sector coincided with the impact of a deal between Israel and Hamas on assets across that region. Middle Eastern sovereign bonds led the gains in emerging markets,

Auto: What Is Powering Mahindra’s Bolero Run

Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra’s overall SUV sales. Bolero annually achieves sales of over 1 lakh units. IMAGE: Nalinikanth Gollagunta, chief executive officer, Automotive Division,

Global headwinds likely to show in IT firms’ Q2 results

Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year. Illustration: Dominic Xavier/Rediff

Sebi sets Rs 25-cr minimum trade size for block deals

Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. Photograph: Francis Mascarenhas/Reuters

Credit quality of companies likely to remain stable in H2

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax

Sensex, Nifty 50 snap four-day gaining streak as stocks see profit booking at higher levels

Sensex Today | Stock Market Highlights: The Sensex fell 153 points to close at 81,774, while the Nifty slipped 62 points to 25,046. The broader markets underperformed the benchmarks, with the Nifty Midcap index losing 423 points to end at