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Jio Platforms' IPO subscribed 22.19 times, demand tops Rs 7.4 lakh crore

New Delhi, Oct. 23 -- Jio Platforms' initial public offering closed with bids for 22.19 times the shares on offer, as total demand across the public issue and anchor investor placement crossed Rs 7.4 ... Read More


Tata Motors sees festive demand surge, clocks 50,000 deliveries during Navratri, hits 10,000 on Dussehra

New Delhi, Oct. 23 -- Tata Motors Passenger Vehicles recorded sales of over 50,000 units during Navratri 2026, with deliveries crossing the 10,000 mark on Dussehra itself. The automaker attributed th... Read More


Three Iveco investors stand to gain €63 million as Tata Motors races to secure buyout

New Delhi, Oct. 23 -- Two hedge funds and an activist investor built stakes worth a combined €728 million in Italian truckmaker Iveco months before Tata Motors Ltd's takeover offer opened, posit... Read More


Automakers seek higher fuel vapour emission limit under BS VII citing E20 petrol

New Delhi, Oct. 23 -- India's automakers are likely to seek concessions under upcoming emissions regulations, citing the country's 20% ethanol (E20) blend in petrol, which is higher than in other econ... Read More


Confirmed: Hyundai Bayon to come with 3 driving modes

India, Oct. 23 -- Hyundai Motor India has confirmed that the upcoming Bayon SUV will come with three driving modes: Eco, Normal and Sport. The feature is part of the automaker's efforts to offer a mor... Read More


Honda, Mitsubishi sign MoU for complementary vehicle supply

India, Oct. 23 -- Japanese automakers Honda and Mitsubishi have signed a memorandum of understanding (MoU) to develop a new Honda pickup truck based on the Mitsubishi Triton. The model will mark the f... Read More


Y Combinator-Backed Firstwork Nets $15 Mn To Expand Footprint Across US And Europe

India, Oct. 23 -- US-based HR tech startup Firstwork has raised $15 Mn (over Rs.142 Cr) in a Series A funding round led by Earlybird Venture Capital, as it looks to expand its AI-led workforce automat... Read More


Markets extend losses for 4th day amid selling pressure, oil price surge

Mumbai, Oct. 23 -- Benchmark equity indices Sensex and Nifty ended lower for the fourth consecutive session on Friday as crude oil prices breached the $114 level amid escalating tensions in West Asia,... Read More


Seven dead, 11 injured in Gombe road crash

Nigeria, Oct. 23 -- Seven people, including three children, have died, while 11 others sustained injuries in a multiple-vehicle accident at Kumo in Akko Local Government Area of Gombe State. The cras... Read More


The CFO Code: Perfios' Prashant Mahagaonkar On Balancing Founder Ambition With Financial Discipline

India, Oct. 23 -- Getting an acquisition across the finish line can take months of negotiations, due diligence, paperwork and financial scrutiny. But closing the deal is only half the battle. The real... Read More