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Sun Pharma raised ₹10,000 crore in bonds to fund its Organon deal

Media reports on 21 October 2026 said Sun Pharmaceutical Industries priced two rupee-denominated bond tranches totalling ₹10,000 crore, with coupons of 8.20% and 8.05%, to partly refinance bridge loans for its $11.75 billion acquisition of US healthcare firm Organon after board approval for up to ₹15,000 crore of non-convertible debentures.

Pramaan Desk · 21 Oct 2026

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News★

Schaeffler India’s CEO is in police custody after two workers died on site

Schaeffler India told exchanges on 20 October 2026 that CEO and managing director Harsha Gopal Kadam was taken into custody on 19 October for investigation into a 9 June 2026 accident at its Talegaon, Pune plant that killed two workers.

Pramaan Desk · 20 Oct 2026

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TCS bought Best Buy’s India tech centre to run retail AI work

Tata Consultancy Services said on 15 October 2026 it completed the purchase of Best Buy’s Bengaluru global capability centre, BBY Services India LLP, making the unit a wholly owned subsidiary under a multi-year deal to combine the US retailer’s domain knowledge with TCS delivery and AI engineering.

Pramaan Desk · 20 Oct 2026

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News

Indian auto parts firms are signing global JVs to catch up on EV and ADAS tech

Reporting on 20 October 2026 said Sona Comstar, Gabriel India, and Varroc Engineering announced partnerships with Denso, HL Klemove, Forvia, Tolyy Optronics, and Forsee Power to localise powertrains, ADAS, seating, cockpits, and battery packs as carmakers push premium and electric models in India.

Pramaan Desk · 20 Oct 2026

• companies• pramaan desk

News

UltraTech says petcoke and diesel costs are harder to predict than the West Asia war

After posting September-quarter results on 19 October 2026, UltraTech Cement's finance chief Atul Daga warned that petcoke and industrial diesel prices remain volatile while the Middle East conflict drags on, squeezing margins even as volumes grow and leaving smaller cement rivals with less room to absorb the same fuel bill.

Pramaan Desk · 20 Oct 2026

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News

Sahaj Solar approved a 1.8 GWh battery factory in Gujarat

On 19 October 2026 Sahaj Solar Ltd told exchanges its board approved a new battery energy storage manufacturing facility in Gujarat with 1.8 gigawatt-hours of annual capacity, backed by an initial ₹25 crore investment as India tries to localise grid-scale storage.

Pramaan Desk · 19 Oct 2026

• companies• pramaan desk

News

Even Healthcare raised $50 million to open more Bengaluru hospitals

Reporting on 19 October 2026 said managed-care startup Even Healthcare closed a $50 million Series B led by Khosla Ventures to expand its hospital network in Bengaluru, where it already runs two facilities and plans five by early 2027.

Pramaan Desk · 19 Oct 2026

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News

L&T started design work on a new international airport outside Tashkent

On 19 October 2026 Larsen & Toubro said its airports vertical began initial engineering and procurement planning for the greenfield New Tashkent International Airport in Uzbekistan after receiving a limited notice to proceed on an ultra-mega EPC contract valued above ₹15,000 crore.

Pramaan Desk · 19 Oct 2026

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News

Apple Pay is live in India but only for Axis Bank Visa and Mastercard credit cards

Reporting on 18 October 2026 said Apple’s tap-to-pay service, which rolled out in late September 2026, lets iPhone, iPad, and Apple Watch users pay at terminals using Face ID or Touch ID without entering a PIN or OTP, starting with Axis Bank-issued Visa and Mastercard credit cards while talks continue with other lenders.

Pramaan Desk · 18 Oct 2026

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News

HDFC Bank’s deputy managing director will leave after the RBI picked someone else as CEO

Kaizad Bharucha, a founding-era executive at HDFC Bank, has asked to step down as deputy managing director effective 31 December 2026, weeks after the Reserve Bank of India approved Anup Bagchi to succeed Sashidhar Jagdishan as managing director and chief executive.

Pramaan Desk · 18 Oct 2026

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News

Hero MotoCorp refreshed its Xtreme bikes with cruise control and a quickshifter

On 17 October 2026, Hero MotoCorp launched updated Xtreme 160R 4V and Xtreme 250R models with cruise control, a bi-directional quickshifter on the larger bike, and introductory prices from ₹1.27 lakh and ₹1.98 lakh ex-showroom Delhi.

Pramaan Desk · 17 Oct 2026

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News

Renault priced its Duster strong hybrid from ₹16.99 lakh to chase diesel SUV buyers

On 17 October 2026, Renault India launched the Duster Strong Hybrid E-Tech 160 from ₹16.99 lakh, claiming 29 km/l fuel economy and 160 PS from a 1.8-litre petrol setup as it targets Toyota and Maruti Suzuki hybrid rivals and diesel crossovers.

Pramaan Desk · 17 Oct 2026

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News

Iveco shareholders approved Tata Motors’ takeover bid at the higher price

On 17 October 2026, Tata Motors said Iveco Group shareholders backed all board resolutions on its voluntary tender offer, including articles changes and a possible demerger, after the Indian company raised its bid to €14.40 per share on 9 October.

Pramaan Desk · 17 Oct 2026

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News

Ather Energy’s insurance arm can now sell life, health, and motor policies

IRDAI granted Ather Insurance a corporate agent (composite) registration on 15 October 2026, allowing the electric two-wheeler maker’s wholly owned subsidiary to distribute and service insurance without underwriting its own policies.

Pramaan Desk · 16 Oct 2026

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News

Oberoi Realty kept profit near ₹762 crore as revenue slipped 6%

Oberoi Realty reported on 16 October 2026 that consolidated net profit was roughly flat year on year at ₹761.65 crore for the September quarter, while revenue from operations fell 6.1% to about ₹1,671 crore and the board declared a ₹2 per share interim dividend.

Pramaan Desk · 16 Oct 2026

• companies• pramaan desk

News

Eternal and SBI Card opened early access for a Zomato-Blinkit credit card

Eternal Ltd, owner of Zomato and Blinkit, teamed with SBI Card on 15–16 October 2026 to offer early-access sign-ups for a co-branded credit card that promises instant discounts across the group’s apps, with applications opening from 22 October on Mastercard and RuPay networks.

Pramaan Desk · 16 Oct 2026

• companies• pramaan desk

News

Carmakers warn steel and freight costs may force more price hikes after Diwali

Industry data cited on 16 October 2026 show hot-rolled steel and aluminium at 12-month highs, CNG pump prices up double digits in Delhi, and the Baltic Dry freight index 60% above a year ago, prompting executives from Maruti Suzuki to Toyota to say further vehicle price increases are possible once the festive season ends.

Pramaan Desk · 16 Oct 2026

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News

Mahindra launched its first CNG SUV at ₹9.99 lakh ex-showroom

Mahindra & Mahindra began selling the XUV 3XO ZNG on 16 October 2026, a turbo-petrol CNG compact SUV priced from ₹9.99 lakh to ₹12.27 lakh, claiming 24.7 km/kg efficiency and 270 litres of boot space with twin cylinders mounted under the floor.

Pramaan Desk · 16 Oct 2026

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News

Mankind Pharma is paying €48 million for a stake in a Belgian CAR-T cancer research firm

On 15 October 2026 Mankind Pharma agreed to acquire 70% of Belgium’s Armed Cell Therapeutics for €48 million through its Netherlands subsidiary, gaining experimental CAR-T programmes in blood and lung cancers.

Pramaan Desk · 15 Oct 2026

• companies• pramaan desk

News

Nestlé India’s profit rose 36% but the stock fell on food inflation

On 15 October 2026 Nestlé India reported September-quarter profit of ₹1,026.8 crore on 20.3% revenue growth, then warned that food inflation and volatile cocoa, sugar, and edible oil costs remain a reality, sending shares down about 7–9%.

Pramaan Desk · 15 Oct 2026

• companies• pramaan desk

News

Tech Mahindra raised profit 33% and proposed a bonus share issue

On 15 October 2026 Tech Mahindra reported consolidated revenue of ₹16,180 crore and profit of ₹1,586 crore for the September quarter, moved EBIT margin closer to its 15% goal, and announced a ₹15 interim dividend plus a 1:1 bonus issue subject to shareholders.

Pramaan Desk · 15 Oct 2026

• companies• pramaan desk

News

CEAT will raise tyre prices by up to 6% after raw material costs jumped

On 14 October 2026, CEAT Ltd said it will lift tyre prices by 4–6% this quarter, including about 6% on commercial tyres, after rubber and petroleum-based inputs rose sharply and Q2 operating margin fell to 9.5%.

Pramaan Desk · 15 Oct 2026

• companies• pramaan desk

News

Reliance is selling flavoured milk at ₹20 to take on Amul and Mother Dairy

On 14 October 2026, Reliance Consumer Products rolled out Joyland flavoured milk in Tamil Nadu at ₹20 per pack, entering the ready-to-drink dairy aisle against Amul, ITC, and Mother Dairy.

Pramaan Desk · 14 Oct 2026

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News

Biocon settled Roche’s US patent fight over a breast-cancer biosimilar

On 14 October 2026, Biocon Ltd said it resolved Genentech’s US lawsuit over its Perjeta biosimilar, clearing a path to launch Pebrilzo in Europe from early 2027 and in America from late 2028.

Pramaan Desk · 14 Oct 2026

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News

Groww’s parent company reported ₹725 crore profit in the September quarter

Billionbrains Garage Ventures, which owns the Groww stockbroking app, said consolidated net profit rose 54% year on year to ₹725 crore in the quarter ended 30 September 2026, even as tighter rules on equity derivatives trimmed activity industry-wide.

Pramaan Desk · 14 Oct 2026

• companies• pramaan desk

News

Aegis Logistics agreed to buy most of Dubai’s Tristar for ₹7,700 crore

On 14 October 2026, Aegis Logistics said it will acquire an 89.8% stake in Dubai-based Tristar Group for about ₹7,700 crore, expanding its liquid and gas logistics footprint across ports and inland terminals in India and the Gulf.

Pramaan Desk · 14 Oct 2026

• companies• pramaan desk

News

ICICI Lombard’s profit rose even as claims costs pushed its combined ratio above 100%

ICICI Lombard General Insurance reported net profit of ₹946.40 crore for the quarter ended 30 September 2026, up 15.5% year on year, while its underwriting loss widened to ₹318 crore and the combined ratio reached 107% as motor and health claims ran hot.

Pramaan Desk · 14 Oct 2026

• companies• pramaan desk

News

HDB Financial grew profit 34% as its loan book expanded

HDFC Bank’s NBFC arm HDB Financial Services reported net profit of ₹780.2 crore for the quarter ended 30 September 2026, up 34% year on year, as assets under management rose 11.6% to ₹1.24 lakh crore and credit costs eased slightly.

Pramaan Desk · 14 Oct 2026

• companies• pramaan desk

News

Hyundai and TVS are planning an electric mini truck for 2027

Reporting on 14 October 2026 said Hyundai Motor and TVS Motor will extend their electric three-wheeler partnership into a small cargo truck aimed at Tata Motors’ Ace segment, targeting a 2027 launch as electric goods-vehicle registrations accelerate.

Pramaan Desk · 14 Oct 2026

• companies• pramaan desk

News

Urban Company will ask its board to approve a fresh fundraise on 16 October

On 13 October 2026, Urban Company told stock exchanges its board will meet on 16 October to consider issuing equity or convertible securities, possibly via a qualified institutions placement, as rivals Snabbit and Pronto scale instant home-help services.

Pramaan Desk · 13 Oct 2026

• companies• pramaan desk

News

About 40 SpiceJet Q400 pilots refused to fly until back pay clears

Reporting on 13 October 2026 said roughly 40 SpiceJet pilots on the airline’s Bombardier Q400 fleet would not operate flights until outstanding salary dues are paid, with the Airline Pilots’ Association of India backing the stand amid ongoing financial strain at the carrier.

Pramaan Desk · 13 Oct 2026

• companies• pramaan desk

News

Ceat, Ather, and Lumax are opening China sourcing teams as metal costs bite

Reporting on 13 October 2026 said at least three Indian auto and component firms, including Ceat, Ather Energy, and Lumax Auto Technologies, are setting up subsidiaries or hiring locally in China to secure parts and manage rising aluminium and copper prices, while China’s share of India’s auto-component imports reached 36% in FY26.

Pramaan Desk · 13 Oct 2026

• companies• pramaan desk

News

Aditya Birla Renewables is lining up about $1.5 billion of rupee loans to fund its Shell renewables buy

Reporting on 9 October 2026 said Aditya Birla Renewables is seeking about $1.5 billion in rupee project loans from Indian banks to finance its $1.8 billion acquisition of Shell unit Solenergi Power, replacing a costlier $1.6 billion bridge facility from MUFG Bank.

Pramaan Desk · 13 Oct 2026

• companies• pramaan desk

News

HCLTech signed $3.3 billion of new deals but posted its slowest September-quarter growth in three years

HCL Technologies reported on 12 October 2026 that new order bookings reached $3.3 billion in the September quarter, lifting first-half wins to a record $5.67 billion, even as revenue growth slowed to about 2.2% year on year in dollar terms and management flagged early-stage AI-led deflation in legacy work.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

RBL Bank will open 1,000 branches while chasing cheaper retail deposits

Managing director R Subramaniakumar said on 12 October 2026 that RBL Bank plans about 1,000 new branches over two to three years to build granular retail deposits, after September-quarter standalone profit rose to ₹481.7 crore from ₹179 crore a year earlier on 42% loan growth.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

About 1,000 former Flipkart staff asked Walmart for a way to sell vested stock

A 10 October 2026 representation signed by roughly 1,000 former Flipkart group employees asked Walmart and Flipkart boards for clarity on monetising vested stock options, citing reports that the marketplace IPO could slip another one to two years.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

HCLTech will embed Anthropic’s Claude across its client and software stack

HCLTech signed a global premier partnership with Anthropic on 12 October 2026 to build a dedicated business unit and centre of excellence for agentic AI, rolling Claude, Cowork and Claude Code into client projects and products such as BigFix, AppScan and its AIForce engineering platform.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

Tata Motors and Stellantis will develop cars in India for more than 50 markets

Tata Motors Passenger Vehicles and Stellantis signed a definitive agreement on 12 October 2026 to co-develop vehicle architecture in India and manufacture at their Ranjangaon joint venture for export to more than 50 countries, extending a two-decade manufacturing tie into product engineering.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

Electric scooters made up one in three new registrations in September

Battery-powered scooters accounted for about 33% of India’s scooter registrations in September 2026, up from 22% a year earlier, with more than 2.07 lakh electric two-wheelers registered as upfront prices narrow against petrol rivals.

Pramaan Desk · 12 Oct 2026

• companies• pramaan desk

News

JSW Motors delayed its first SUV launch to 4 December

JSW Motors will unveil its Combat plug-in hybrid SUV on 4 December 2026, later than an earlier Diwali target. The model is based on Chery’s Jetour T2, targets roughly ₹30–50 lakh, and marks the steel group’s first passenger vehicle under its own badge separate from MG Motor India.

Pramaan Desk · 11 Oct 2026

• companies• pramaan desk

News

NTPC wants factories to take 26% equity in shared steam-and-power plants

On 11 October 2026 NTPC invited expressions of interest from industrial users willing to hold 26% equity in co-generation projects that supply both steam and electricity, often paired with coal, renewables, and battery storage under long-term supply deals.

Pramaan Desk · 11 Oct 2026

• companies• pramaan desk

News

Booking a Delhi–Mumbai flight months ahead now costs what tomorrow does

Reporting on 11 October 2026 showed economy one-way fares on the busiest domestic route holding near ₹6,200–₹6,900 whether you fly the next day or in February 2027, after years when early bookings were far cheaper. Airlines cite fewer seats, costly jet fuel, and weak rivalry after industry consolidation.

Pramaan Desk · 11 Oct 2026

• companies• pramaan desk

News

Zomato and Blinkit brought 2,500 riders to test electric scooters in Delhi

On 9 October 2026 Eternal’s Zomato and Blinkit hosted the third EV Bazaar in New Delhi, where more than 2,500 delivery partners compared over 30 electric two-wheeler models and met lenders, chargers, and battery-swap operators. Eternal says over 200,000 riders already use EVs across the two apps.

Pramaan Desk · 10 Oct 2026

• companies• pramaan desk

News

Premier Energies booked over ₹4,000 crore of solar orders in one quarter

On 10 October 2026 Premier Energies said it won new orders above ₹4,000 crore in July–September FY27, spanning 2,308 MW of cells and modules plus EPC work, after lifting module capacity to 11.1 GW and cell capacity to 10.6 GW.

Pramaan Desk · 10 Oct 2026

• companies• pramaan desk

News

TCS will not pay quarterly bonuses to its senior managers this quarter

A company memo reported on 9 October 2026 said Tata Consultancy Services withheld variable pay for grades C3A and above for the September 2026 quarter after performance targets were missed. Junior staff were told they would still receive 100% of eligible variable pay.

Pramaan Desk · 9 Oct 2026

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News

Festive travel pushed IRB’s highway toll collections up 24% in September

IRB Group said gross toll revenue reached ₹773 crore in September 2026, up from ₹622 crore a year earlier. The Mumbai-Pune expressway and Ahmedabad-Vadodara routes led the gain as Navaratri traffic picked up.

Pramaan Desk · 9 Oct 2026

• companies• pramaan desk

News

Electric three-wheelers took nearly two-thirds of India’s 3W market in September

FADA data for September 2026 show electric three-wheeler retail sales at 86,024 units, up 40% year on year. Their share of total three-wheeler sales rose to 64.9% from 56.7% a year earlier.

Pramaan Desk · 9 Oct 2026

• companies• pramaan desk

News

Hindalco is building its own mobile network inside an Odisha mine

Vi Business and Hindalco Industries said on 8 October 2026 they will deploy a private network at the Baphlimali bauxite mine in Odisha. The multi-year deal covers dedicated spectrum, core, radio access, and managed services for safety, fleet, and surveillance tools.

Pramaan Desk · 9 Oct 2026

• companies• pramaan desk

News

United Spirits is betting India’s next drinkers want canned cocktails

United Spirits launched Smirnoff Ice and Smirnoff Ice Max in Goa, Bengaluru, and Mumbai on 8 October 2026. The move targets ready-to-drink cocktails as vodka sales already neared ₹250 crore in the June quarter.

Pramaan Desk · 8 Oct 2026

• companies• pramaan desk

News

Ola Electric is asking shareholders to pay again or own less

Ola Electric set a ₹27 rights issue price on 8 October 2026 to raise about ₹1,000 crore, roughly four months after a ₹780 crore institutional round. Shareholders must subscribe, sell their rights, or accept dilution when the issue opens on 22 October.

Pramaan Desk · 8 Oct 2026

• companies• pramaan desk

News

TCS reported another double-digit revenue quarter

Tata Consultancy Services grew rupee revenue about 11% and net profit about 15% in the quarter to 30 September 2026. The board also declared a ₹12 interim dividend.

Pramaan Desk · 8 Oct 2026

• companies• pramaan desk

News

Titan sold more. The stock still fell.

Consumer sales rose 25% and jewellery rose about 21%. The share price still dropped 4–5%. Investors focused on slower footfall and larger bills per visit after three very strong quarters.

Pramaan Desk · 7 Oct 2026

• companies• pramaan desk

News

Airtel is testing whether households will pay more for the same SIM

New postpaid plans cost 3–11% more, the largest postpaid increase since 2024. Existing users will be moved to higher plans automatically. The open question is whether people stay or switch.

Pramaan Desk · 7 Oct 2026

• companies• pramaan desk

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