TV18BRDCST MOTILALOFS
RENTOMOJO
Rentomojo reported a strong Q1 with 51% revenue growth to ~₹126 cr and a 45% rise in live items, driven by seasonal demand for essentials like refrigerators, washing machines, and water purifiers. Normalized EBITDA grew 49% and PAT rose 70%, but a one‑time fire loss of ₹11.5 cr (2% of gross block) compressed profit after tax by over 30%. The company restored the Noida warehouse within a week, and insurance covers most inventory loss. Occupancy remained high at 83‑85%, with ~3.3 lakh items ordered in the quarter, up from 10 lakh annual orders previously. Management expects continued growth in H2, leveraging seasonal hiring spikes and expanding subscription base. Stock trades around ₹510‑₹512, roughly ₹100 above IPO price
CNBC-TV18: https://youtu.be/uPzkX2ISxx8 09:56 (649s)
Kotak Mahindra Bank is running a series of two‑day workshops for around 40 SME promoters every few months at premier IIT campuses. Conducted by IIT faculty, the program immerses entrepreneurs in AI concepts and applies them to real business challenges, using live case studies—from AI‑driven sleep monitoring for a mattress maker to generative AI for content production and AI‑based quality control for jute exporters. Launched in October 2025, the initiative has spanned IIT Madras, Bombay, Delhi, Ropar, Gandhinagar and upcoming Indore, with the bank committing to continue the effort for at least 18 more months to help SMEs anticipate industry disruptions and grow beyond just financing
thehindubusinessline.com 09:56
HFCL
HITECH
SBILIFE
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AXISBANK
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BAJAJ-AUTO
ITC
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BALRAMCHIN
KOTAKBANK
ALGOQUANT DYCL
ESDS MANALIPETC
DHAMPURSUG
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TCS
MARUTI
DELTACORP
ANGELONE
LGHL
The Indian market opened modestly higher, with the Nifty at 22,600 (+0.25%), Nifty Bank at 54,940 (+0.5%), and small‑cap up ~0.33% while mid‑cap stayed flat. Trend, Kotak, BSC, Axis Bank and other capital‑market stocks led gains; Polo Hospitals, Barrage Finserv, ITC and Maruti were among the top losers. Notable movers included Trend (+10%), Steam House (+6%), Renta Mojo (+4.5%), Sterlite Tech (+5% after Nomura’s target), Angel One, Godrej Consumer, and sugar stocks like Balrampur Chini and Bajaj Hindustan (+3.5% each). Orian Cables slipped ~10% despite a premium IPO, while HFCL, Manali Petro and Vidanta showed modest upside. Insurance names (LIC, SBI Life, HDFC Life) are expected to rise on a Goldman note. PV FinTech recovered to around ₹985 after a 10% bounce. Overall, the market is poised to test the recent high of 22,610
CNBC-TV18: https://youtu.be/8oqjqj-ih4s 09:50 (300s)
Reliance Industries’ beverages division has petitioned an Indian court to overturn a Food Safety and Standards Authority of India (FSSAI) order that prohibits its Campa-branded products from being marketed as “energy drinks.” The regulator had earlier mandated that all high‑caffeine drinks sold under the “energy drink” label cease using that description from June 30, citing health‑risk concerns, as part of a broader food‑safety crackdown. Reliance seeks to have the ban lifted
thehindubusinessline.com 09:50
TATACAP NSIL
Four SDTT trustees – Noel Tata, Darius Kombata, Bhaskar Bhatt and Neville Tata – have jointly refuted a 30 September letter from Tata Sons vice‑chairmen Vijay Singh and Venu Srinivasan, denying claims that the Trust mishandled the Tata Fund and insisting the fund should remain private. The trustees accuse the vice‑chairmen of breaching fiduciary duties, filing undisclosed complaints with the Maharashtra Charity Commissioner, and undermining the Trust’s unanimous position. The Commissioner has given the Trust until 12 October to submit a formal response and will decide whether to order an inquiry. The dispute, which echoes earlier regulator scrutiny of the Saratan Tata Trust, could impact governance and any future listing of the Tata Fund, given SDTT’s 66% stake in the fund and its 28% shareholding in Tata Sons
CNBC-TV18: https://youtu.be/G_1-hgzsNjo 09:37 (358s)
NSIL
MERCURYEV BFINVEST
TATACAP DHUNINV
BCG
Eqyizen Investment, a Shapoorji Pallonji Group unit, raised 4,450 crore rupee ($462.2 million) via zero‑coupon bonds due July 2029 at an 18.95% yield, using proceeds to repay a 3,500 crore obligation of sister company Porteast Investment. The rupee issue was funded partly by Mercury Finance’s $125 million dollar zero‑coupon bonds (also due July 2029) and a prior $650 million raise, both invested in Eqyizen’s debt, which is secured by SP Group’s stake in Tata Sons. Tata Trusts’ recent indication that SP Group may sell 25,000 crore of its Tata stake has improved the outlook for the conglomerate’s bonds
thehindubusinessline.com 09:37
TV18BRDCST MOTILALOFS
Crude shipments from West Asia have risen to 17.5 million barrels per day, about 95 % of pre‑war volumes, while diesel and gasoline flows reach 58 % of pre‑war levels. Increased supply from Saudi Aramco, Kuwait, Iraq and G7 exporters, plus a cut in Saudi’s November Asian price, is driving down crude prices, which in turn is supporting broader commodity markets. Despite the price drop, strong U.S. dollar and rising Treasury yields continue to pressure metals, though copper and precious metals are showing modest rebounds
CNBC-TV18: https://youtu.be/iyvXXLskZfE 08:04 (127s)
Reliance Consumer Products has filed a petition in court asking the Food Safety and Standards Authority of India’s June 30 order— which bars high‑caffeine drinks from being marketed as “energy drinks”—to be quashed. The company claims the ban has disrupted its business, leading to product seizures and e‑commerce delistings. The move follows recent legal challenges by PepsiCo, Monster and Red Bull against the same crackdown, part of a nationwide push on food safety that includes raids, shutdowns and new warning‑label rules for caffeinated beverages. Reliance revived the Campa brand in 2023 to compete in India’s fast‑growing energy‑drink market, which is expanding at about 12.6% annually
BANDHANBNK AMBUJACEM KOTAKBANK DLINKINDIA POLYCAB
Asian markets opened mostly green after holidays, with modest gains in Nikkei and KOSPI and flat Taiwanese index. US equity indices closed higher, led by record‑high Nasdaq and strong AI‑related chips (Nvidia, Tesla, Microsoft). The bullish global backdrop lifted the GIFT Nifty, which opened around 27‑point higher and is trading near the 22,550‑22,570 zone, with support at 22,400‑22,450 and resistance at 22,600‑22,800 ahead of the RBI policy decision and weekly options expiry. Crude oil prices retreated from recent highs, easing some pressure on the market. Sector focus: banking stocks (Access, Kotak, IDFC) showed mixed moves; consumer names (Gautam, Trend, AWL) posted solid revenue growth; healthcare and hospitality (Metropolis, Juniper) reported earnings beats and acquisitions; small‑caps like Steamhouse India and LCC also highlighted. In F&O, Nifty PCR rose to 0.94, indicating higher put buying; key strike levels to watch are 22,400‑22,450 (support) and 22,600‑22,800 (resistance). Notable stocks to watch include Bandhan Bank, Ambuja, Polycap, and copper‑linked stocks. Overall sentiment is cautiously optimistic pending RBI outcomes and earnings releases
CNBC-TV18: https://youtu.be/nhIfMdTE3o0 07:50 (453s)
ADANIPOWER
GREENPOWER
FEDDERSHOL PFC
Adani Power and the state‑owned Druk Green Power Corporation have signed a shareholders agreement to develop the 770 MW Chamkharchhu‑I run‑of‑river plant in Zhemgang, Bhutan, under a 49:51 equity split (Adani 49%, DGPC 51%) and a BOOT model with a 30‑year concession. Construction is slated to start in early 2027 and be commissioned within six years. The plant will bolster Bhutan’s winter electricity supply and export surplus green power to India in summer, contributing to regional energy security and carbon‑reduction goals as part of a broader 5,000 MW bilateral hydropower partnership
thehindubusinessline.com 07:50
The transcript captures a chaotic, unscripted press briefing featuring a Trump‑like speaker who jumps between topics. He mentions plans to campaign in Michigan (and possibly Maine), claims Maricopa County sent thousands of ballots “illegally,” and dismisses any errors. He highlights “tremendous amounts of oil” flowing from the Hormuz Strait but notes a lack of refineries due to war‑related diesel issues. The speaker discusses voting options, emphasizing both in‑person and mail‑in ballots while alleging widespread mail‑ballot fraud. He touches on US‑Canada trade tensions, US‑Serbia relations, and a potential direct dialogue with Iran. Red‑dye diesel limits for farmers are mentioned, along with upcoming rallies in Iowa, Nebraska, Ohio, Texas, Oklahoma, and Michigan. The brief includes comments on Brazil’s upcoming election, support for certain political figures, concerns about Iranian drones in the UK, and a vague threat that prompted moving aircraft. Throughout, the speaker repeatedly asserts confidence that everything “will work out very well
CNBC-TV18: https://youtu.be/Kfo5EPDZySs 07:23 (615s)
The Dutch government wants to keep Tata Steel’s IJmuiden plant operating but insists it must become environmentally cleaner. Negotiations on up to €2 billion of state aid to shift from coal‑fired blast furnaces to electric‑arc furnaces have been extended to 1 March 2027. Tata Steel seeks regulatory certainty, a plan for closing coke and gas plants, and solutions for steel slag, while the business case depends on network tariffs and EU carbon‑price reforms. The total investment needed is estimated at €4‑6.5 billion, with additional financing from the company, debt, and an EU Innovation Fund grant. Without aid, Tata warned the plant could shut, echoing a similar threat made in the UK before a £500 million grant was granted. The outcome will determine the future of the Netherlands’ strategic steel industry and its environmental impact
livemint.com 07:23
In a rambling interview, former President Donald Trump touches on a perceived Russian “pneumonia” threat, claiming the microbes have become stronger and that the U.S. will assist if needed. He notes that moving forces is inexpensive and that those behind the threat will be “crushed.” Trump discusses falling U.S. gas prices, increased oil output in the Hormuz Strait, and the impact of Russian refinery disruptions on diesel markets, asserting that the war will end soon and prices will drop further. He mentions potential U.S. military basing in Lithuania, praises the country’s leadership, and dismisses CNN as “fake news.” He also briefly references Iran’s nuclear ambitions and expresses concern over Middle‑Eastern‑linked individuals meeting Americans. The segment ends with a plug for CNBC TV 18
CNBC-TV18: https://youtu.be/RMqOrEpAu7M 06:59 (330s)
ASHIKA BFINVEST
BC Partners Credit announced an initial financing tranche for LIV Golf as part of a planned $300 million package to help the league emerge from Chapter 11. The funding, pending court approval, will enable planning for a 2027 season with ten tournaments, half abroad, and emphasizes player equity ownership. With Saudi Public Investment Fund pulling $5 billion in backing, LIV is courting new investors while players like Sergio Garcia and Adrian Meronk weigh their futures. CEO Scott O’Neil hailed the investment as progress toward a player‑owned, team‑focused, global league, while the PGA Tour has yet to clarify any path for returning LIV players
livemint.com 06:59
BA295, a London‑Chicago service, abruptly dropped from 37,000 ft to 9,000 ft over Ireland, squawked the general emergency code 7700, and made a U‑turn back to the UK. The aircraft landed safely at Heathrow, with early reports suggesting a pressurisation problem, though the airline has yet to release an official statement
NDTV: https://youtu.be/rfW2ESc2Guc 06:49 (158s)
The FBI dismissed an Accenture contractor after a data breach exposed personal details of thousands of employees, traced to a failure to apply a critical security patch on Oracle’s PeopleSoft HR platform. The breach, linked to the hacking group ShinyHunters, highlighted the importance of timely patching, especially after June alerts from Google and Oracle. The agency is assessing the impact while a suspected hacker is cooperating from detention in Jordan
livemint.com 06:49
Narayana Hrudayalaya Ltd has signed an agreement to exclusively operate and manage the 100‑bed Mission of Mercy Hospital and Research Centre on Park Street, Kolkata. The deal, made with the hospital and the Assemblies of God of North India, allows Narayana to apply its healthcare expertise without acquiring ownership or lease rights to the 63,240 sq ft facility. Commercial operations will commence once certain conditions are met, potentially within 12 months
Zydus Lifesciences, partnering with MSN Laboratories, launched the first FDA‑approved generic Riociguat tablets (0.5‑2.5 mg) in the United States, covering all five strengths. Developed and manufactured by MSN, the drug treats chronic thromboembolic pulmonary hypertension and pulmonary arterial hypertension. Executives highlighted the milestone for Zydus’s US complex‑generics pipeline and MSN’s R&D and manufacturing capabilities. Bayer’s 2025 report cited $850 million in global sales for the brand Adempas
Elon Musk’s net worth hit $1 trillion, up $65.3 billion, after Tesla and SpaceX stocks surged—Tesla’s strong Q3 deliveries lifted its price, while SpaceX rose 5% following a successful Starship orbit and analyst praise. Musk’s return coincided with his public support for AI rebranding and a White House AI accord. The Forbes top‑10 billionaire list shows Jeff Bezos at $371.1 billion, Larry Page $284.3 billion, Michael Dell $272 billion, Sergey Brin $261.7 billion, Mark Zuckerberg $254.3 billion, Jensen Huang $206.7 billion, Larry Ellison $185 billion, Steve Ballmer $162.5 billion, and Warren Buffett $143.3 billion
Tata Trusts chairman Noel Tata and three fellow trustees of the Sir Dorabji Tata Trust issued a sharply‑worded five‑page letter condemning vice‑chairmen Venu Srinivasan and Vijay Singh for publicly supporting a Tata Sons IPO—contrary to the Trusts’ long‑standing stance to keep the holding company private. The letter alleges the two never voiced this preference in board meetings, breached fiduciary duties by going to the media, and failed to consult co‑trustees before lodging complaints with the charity commissioner. Citing past resolutions and the guidance of the late Ratan N. Tata, the four trustees assert that decisions about Tata Sons must arise from collective deliberation within the Trusts, which own 27.98 % of the conglomerate, and warn that unilateral advocacy for a listing undermines both Trust governance and the pending RBI application
VIVOBIOT 3MINDIA
GODREJAGRO
Smartphone and consumer‑electronics makers such as Samsung, Vivo, Xiaomi, Realme, Oppo and Nothing are lengthening no‑cost or low‑cost EMI tenures to as long as 30 months—up to six‑eight months longer than usual—to offset steep price rises and revive demand, especially in mass‑to‑mid‑range segments. The brands are absorbing interest costs (8‑18% for 8‑30 month plans, up to 24% for longer loans) to keep monthly payouts low, even offering such schemes for entry‑level phones and appliances like TVs and refrigerators. Industry insiders say finance schemes now drive about a third of mobile and electronics sales, expected to rise to half during the festive period, with consumer‑finance share in smartphone sales climbing to 42‑43% this year. The strategy aims to protect margins while maintaining volume growth amid a 30‑35% rise in handset prices and a 12% drop in sales year‑to‑date
The Maharashtra Charity Commissioner has set a deadline of October 12 for Tata Trusts to respond to complaints lodged by Sir Dorabji Tata Trust trustees Venu Srinivasan and Vijay Singh. The trustees allege mismanagement and an attempted power grab within the trust, claiming they were barred from voting on Tata Sons’ potential listing at a September 17 board meeting. They have asked the commissioner to prevent Noel Tata from voting at the company’s upcoming AGM. Tata Trusts filed caveats with the commission to block any ex parte orders
San Diego County filed a lawsuit accusing ad‑tech firm AppLovin of bypassing parental controls and using fingerprinting to deliver adult‑oriented ads—including dating, alcohol, vaping, and graphic sexual content—to children’s devices, while collecting precise location and personal data. The complaint cites screenshots of such ads shown in kids‑rated games on Android phones with Google’s parental settings enabled. The case is part of three lawsuits by the county’s new Consumer Fairness and Public Protection Unit, which also targets Roblox and Polymaker for related consumer‑protection failures. AppLovin’s policies deny knowingly collecting child data, and the firm has not commented; the SEC previously investigated but closed the probe without enforcement
The government may bring agencies like MMTC and STC under the 3% GST regime for gold and precious metal imports to align tax treatment across banks, nominated agencies, and exchanges. The proposal, slated for discussion at the October 8 GST Council meeting, aims to end the preferential exemption granted since 2017, promote a level playing field, reduce classification disputes, and eventually shift more bullion trade to exchanges for greater price transparency, though it could initially raise working‑capital costs and widen local premiums
Saudi low-cost carrier Flyadeal aims to add at least six Indian destinations—including Lucknow, Kolkata, Delhi and possibly Chennai—beyond its recent launches to Hyderabad and Mumbai. The airline, part of the Saudia Group, currently operates five weekly Riyadh‑Mumbai flights with 7,600 seats monthly and reports strong demand, citing a 170‑passenger inaugural Mumbai flight and high‑80% load factors on Hyderabad. While fuel price spikes challenge fare and yield management, Flyadeal expects continued growth as it receives longer‑range aircraft and leverages rights to serve eight Indian cities under the bilateral agreement
Max Healthcare MD Abhay Soi emphasized that Indian private hospitals should not be judged solely on the price of drugs, injections, or consumables. He argued that these items are part of a broader value chain that includes specialized training, storage, administration, and proper waste disposal, all of which contribute to patient care. Soi noted that hospitals handle thousands of billing items with varying margins, ultimately targeting an 8‑9% net profit. His remarks come amid Maharashtra’s scrutiny of high markups on hospital consumables and a Supreme Court observation about a cancer drug’s ten‑fold price increase when procured through in‑hospital pharmacies
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AGL PNB
TASTYBITE
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PML SANDESH
Indian mid-sized restaurant and QSR chains such as Punjab Grill, Mad Over Donuts, Dindigul Thalappakatti, Charcoal Eats and Absolute Barbecues are struggling to raise fresh capital. Investors now demand proven unit economics, profitability and capital‑efficient growth, leaving a funding gap for businesses with consumer acceptance but needing scale. Some owners are exploring majority stake sales (e.g., Dabur’s Lite Bite Foods, Dindigul Thalappakatti). While larger deals continue (e.g., The Belgian Waffle Co, Popo Global, Trimex Foods, Subway India), firms with weaker operating performance find fundraising difficult
Japan’s Sumitomo Corporation has bought a 49% share in a Hero Future Energies (HFE) unit developing a 500 MW wind‑solar‑battery project in Bidar, Karnataka, for ₹375 crore, while HFE retains 51%. The deal underscores HFE’s 10 GW pipeline and Sumitomo’s plan to invest about $1.3 bn in Indian renewables
Amazon’s Great Indian Festival launches on Oct 8 (Prime early access on Oct 7) with a new “Prime Only Offers” program giving members an extra 5% off millions of items or ₹250 cashback on a ₹2,500 cart—benefits that Amazon says can offset the annual Prime fee. The company also pushes faster fulfillment: same‑day deliveries have risen 2.4× YoY and now make up half of its rapid‑delivery orders, while the Amazon Now service aims to expand from 120 to 300 cities. Leveraging AI and its Rufus shopping assistant, Amazon curates personalized offers to encourage on‑demand, everyday shopping rather than just sale‑driven purchases. With a goal to double its Prime base by year‑end and 70% of new members coming from Tier 2/3 cities, Amazon is positioning Prime as a habit‑building, value‑and‑convenience subscription
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