'The larger lesson for India Inc is that promoter oversight and professional management are not inherently contradictory. The difficulty arises when the boundaries between the two are unclear.'
Honda Motorcycle and Scooter India has maintained its position as the top-selling player in the retail two-wheeler market for the fourth consecutive month in October, intensifying its challenge to long-time leader Hero MotoCorp. This consistent performance, driven by strong scooter sales and shifting market dynamics, has significantly narrowed the gap between the two giants, with Honda now clearly establishing itself as a formidable contender for the market leader slot in the coming years.
'You are not acting on those attractions or thinking that these women are better than your wife. You are maintaining a healthy boundary,' says rediffGURU Ravi Mittal, dating coach and CEO of online dating website Quack Quack and Rebounce, a matrimony platform.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
HDFC Bank has initiated an internal enquiry into the alleged leak of confidential information by two senior executives, with investigators examining whether the disclosed information was misused.
Former Australian cricketer Usman Khawaja has clarified his recent remarks on the 2018 ball-tampering scandal, stating that he believes responsibility should have been taken collectively by the team. He explained that his "all of us" comment was about collective accountability, not implicating specific players. Khawaja detailed his past attempts to encourage collective responsibility, including discussions with Steve Smith, Justin Langer, and Todd Greenberg, and why he remained silent for four years. He emphasised that Smith, David Warner, and Cameron Bancroft unfairly bore the brunt of the consequences, and his recent statements were not for book sales but to seek justice for his childhood friend Warner and the other two players.
Indian equity markets, represented by the Sensex and Nifty 50, concluded Samvat 2082 with significant weekly gains, marking their strongest performance in nearly six years, despite it being their weakest Samvat in 15 years overall. The late recovery was driven by hopes of tax changes, resilient corporate earnings, and easing geopolitical tensions.
Artificial intelligence company Anthropic has officially launched its initial public offering (IPO) roadshow, aiming to raise up to USD 64.35 billion by offering 825 million shares at an expected price range of USD 70 to USD 78 per share. The company plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol 'ANT'.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
The Data Security Council of India (DSCI) has released an India-focused AI liability guide to clarify accountability and responsibility for agentic AI systems. The guide aims to help enterprises understand how existing legal doctrines apply to autonomous, multi-vendor AI, addressing who bears consequences when AI agents act independently and issues arise. It is a live discussion paper intended to foster responsible AI adoption and is open for industry feedback.
Indian benchmark indices Sensex and Nifty traded higher in early sessions, driven by sustained foreign fund inflows and moderate crude oil prices, even as global markets experienced a significant sell-off, particularly in the US and Asia. Track Sensex, Nifty on November 6, 2026.
Billionaire Elon Musk reacted to the Democratic sweep in the 2026 US midterm elections with sarcastic posts on X, lamenting that his 'election-interfering space lasers didn't work' and suggesting 'data centers in space' looked appealing after Republicans suffered major setbacks despite his extensive financial support.
'This creates a lot of uncertainty. I am not sure if I want to be here, but then a lot of this now depends on my company.'
India's AI startups have the money to run their models, but a shortage of GPUs is delaying projects, increasing costs and limiting growth.
Electric vehicle (EV) sales in India are growing faster than the industry's ability to produce and deliver them, leading to supply shortages at dealerships during the peak festival season. This surge in demand is attributed to rising conventional fuel prices, making EVs a more attractive option for cost-conscious buyers.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to persistently high crude oil prices and significant selling pressure in IT stocks, with global factors like US bond yields and upcoming Federal Reserve decisions also contributing to cautious investor sentiment. Track Sensex, Nifty on October 27.
Indian benchmark indices Sensex and Nifty extended their winning streak in early trade, with Sensex jumping 614.66 points and Nifty rallying 149.80 points. This surge is attributed to a sharp correction in crude oil prices, continued foreign fund inflows, and positive Q2 results, creating an ideal environment for the market rally to continue.
'90% of the returns of people who actually make money over a period of time comes from what is called temperament.'
Temple, a wearable startup by Zomato co-founder Deepinder Goyal, is facing significant scientific scrutiny from doctors regarding its Rs 85,000 forehead-worn device. Critics question the evidence behind its claims of measuring brain blood flow and providing insights into ageing, with prominent hepatologist Cyriac Abby Philips calling it a "scam." Goyal has defended the technology, stating it's a fitness and wellness device, not medical, and that metrics await clinical validation, while also addressing pricing and scientific methodology.
Total Chess has announced its broadcast team and a new highlight show for its upcoming pilot tournament in Budapest. The team includes renowned chess creator Levy Rozman (GothamChess) as the lead for the highlight show, alongside experienced commentators Anna Rudolf, Fiona Steil-Antoni, David Howell, and Jovanka Houska for the main broadcast. The pilot event, featuring Magnus Carlsen, aims to innovate chess coverage and build towards a 2027 World Championship Tour.
Despite recent foreign portfolio outflows, India's long-term investment prospects remain strong, but the return of capital hinges on global financial conditions, relative valuations, and the country's ability to attract sustained foreign investment, according to foreign bankers at the Business Standard BFSI Insight Summit.
Apple has reported an all-time revenue high in India for the September quarter, alongside record performance in Mac and services revenue, and a September-quarter high in terms of iPhone upgraders, indicating strong business momentum in the country.
SpaceX CEO Elon Musk on Saturday (local time) said that the Ukrainian military violated Starlink's terms of service and was using it for offensive drone strikes to "kill people".
Multiple borrowings and weak cash flows are causing repayment delays among gold loan borrowers.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, driven by a sharp decline in crude oil prices and optimism surrounding a potential resolution to the West Asia conflict following the US midterm elections, which saw the Democratic Party gain control of Congress. Track Sensex, Nifty on November 5, 2026.
New investors should avoid a lumpsum investment after last year's big rally. Limit gold to 5 to 10 per cent of the portfolio and hold for 5 to 10 years.
Punjab-based Nalwa Aero has successfully conducted flight tests of its scaled electric vertical take-off and landing (eVTOL) aircraft, which features a box-wing design. The trials demonstrated low-altitude hovering and forward flight, validating a century-old aerodynamic concept and marking a significant step for global aviation. The company plans to develop a five-seat aircraft for various applications and received DGCA approval in June 2025, with type certification accepted in January this year.
FMCG giant Hindustan Unilever Ltd (HUL) reported a steady consolidated net profit of Rs 2,796 crore in the September quarter of FY27, despite a higher base from a one-off tax gain in the previous year. The company's revenue from product sales surged by 14.77 per cent to Rs 18,037 crore, driven by a strong underlying volume growth of 7 per cent.
Indian stock markets are set to be influenced this week by a confluence of factors including quarterly corporate earnings, the US Federal Reserve's interest rate decision, fluctuations in crude oil prices, and ongoing geopolitical developments in West Asia.
The top 500 listed companies had 860 women directors or board members overall.
The Shri Ram Janmbhoomi Teerth Kshetra trust has shortlisted 18 candidates for the Chief Executive Officer position from over 5,300 applicants. Interviews are scheduled for Tuesday and Wednesday, with the CEO's role focusing on temple administration and management. The selection follows allegations of embezzlement of temple donations, which led to an SIT probe and arrests.
Cognizant and Google Cloud have announced an expanded partnership to accelerate the adoption of agentic AI, forming a new 'Gemini Frontier Capability Group'. This initiative combines Google's AI platform with Cognizant's expertise to help enterprises deploy resilient, production-grade AI agents and drive business value. The group will focus on areas like legacy modernisation and cyber defence, with Cognizant also scaling Gemini internally.
Amitabh Kant, former NITI Aayog CEO, and PGTI CEO Amandeep Johl express strong confidence in India's potential to become a global golf powerhouse within the next decade. Kant specifically predicts a woman golfer will achieve a breakthrough moment for the country. They highlight India's demographic advantage, rising youth participation, and the need for university-level talent development and private investment in infrastructure to achieve this goal.
'Decide in advance what you want -- an A rating, a pay increase, a bigger role or a specific learning opportunity. Ask for it directly,' advises rediffGURU Krishna Kumar.
BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.
The Esports Federation of India (ESFI) and the New Zealand Esports Federation (NZ Esports) have drafted a Memorandum of Understanding (MoU) to enhance cooperation and exchange knowledge in the esports sector. This initiative coincides with the 100 Years of Unity Through Sport celebrations, featuring Indian gamers competing in eFootball and Clash Royale in Auckland.
Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.
The CBI has arrested Anil Kumar, a senior executive at Munitions India Limited (MIL), for allegedly taking bribes and disclosing sensitive defence information related to a Rs 500 crore supply contract. The FIR also names SMPP CEO Ashish Kansal. Kumar is accused of routing illicit proceeds through family members, compromising national security.
As many as 15,000-20,000 frontline retail jobs have reportedly been rationalised, with further cuts feared.
