Tata Trusts’ decision not to extend Mehli Mistry’s trusteeship has been contested before the Maharashtra Charity Commissioner, according to sources cited by NDTV Profit. The dispute comes amid a power struggle within the nonprofit organization, which collectively holds about 66% of Tata Sons. Last week, the tension escalated when Chairman Noel Tata, along with trustees…
Lenskart Solutions Ltd, an eyewear retailer, received a positive response on the first day of its IPO, driven by strong interest from institutional and retail investors, with a Day 1 subscription of 1.13 times. The IPO, open from October 31 to November 4, is priced between ₹382 and ₹402 per share, valuing the company at…
Eyewear retail giant Lenskart Solutions marked a successful debut in the primary market as its ₹7,278-crore initial public offering (IPO) was fully subscribed on the very first day of bidding. The IPO opened for public subscription on October 31, 2025, and witnessed robust demand across investor categories, reflecting strong confidence in the company’s growth trajectory…
India’s food delivery battle is intensifying, with the latest quarterly results highlighting the growing gap between Swiggy and Zomato. Swiggy reported a consolidated net loss of Rs 1,092 crore for Q2 FY26, up from Rs 626 crore a year ago, though slightly lower than Rs 1,197 crore in Q1. Its revenue rose 54% YoY to…
Hyundai Motor India Ltd (HMIL) has reported a 14.3% year-on-year increase in consolidated net profit for the second quarter of the financial year 2025–26, reaching ₹1,572 crore. The growth was primarily driven by strong export performance, robust SUV sales, and effective cost optimization measures, despite a slowdown in domestic demand. According to the company’s financial…
OpenAI, the artificial intelligence powerhouse behind ChatGPT, is reportedly laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion. If realized, this would mark one of the largest IPOs in history, positioning OpenAI among the most valuable publicly traded companies globally. According to sources familiar with…
Japanese automotive giant Honda Motor Co. has unveiled its next-generation electric SUV concept, the Honda 0 α (Alpha), at the 2025 Japan Mobility Show. The concept marks the beginning of Honda’s new “0 Series” of electric vehicles and is slated to debut in the Indian market in 2027, alongside its launch in Japan. The Honda…
In a move aimed at encouraging broader participation from domestic and international energy players, the Directorate General of Hydrocarbons (DGH) has announced a second extension of the bid submission deadline for the 10th round of the Open Acreage Licensing Policy (OALP-X). Originally launched in February 2025 during India Energy Week in New Delhi, the round…
Toyota Kirloskar Motor hosted a grand showcase of its finest luxury vehicles at the ‘Elegance Unleashed’ event held over the weekend at Boulder Hills, Hyderabad. The exclusive gathering, titled “SPECTRUM,” brought together automotive excellence, innovation, and opulence under one roof, offering guests a first-hand experience of Toyota’s premium offerings. The event featured the iconic Toyota…
Infosys shares fell nearly 2% on Monday, even as broader markets remained firm, after the stock went ex-dividend for ₹23 per share. The IT giant had earlier announced the interim dividend along with its Q2 FY26 earnings, with the payout scheduled for November 7 for eligible investors. To qualify for the dividend, investors needed to…
