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IHC makes its biggest splash yet in India's financial sector with Rs.8,850 crore Sammaan Capital deal

Mumbai, Oct. 2 -- International Holding Co. (IHC) is set to acquire a controlling 43.5% stake in Sammaan Capital Ltd (formerly Indiabulls Housing Finance) for Rs.8,850 crore, marking Abu Dhabi-based i... Read More


RBI survey shows urban and rural consumer confidence edges up in September 2025

New Delhi, Oct. 2 -- Consumer confidence among both urban and rural households showed a slight improvement in September 2025, according to the Reserve Bank of India's latest report. The findings are b... Read More


What new online gaming rules could mean for fantasy sports, and real-money games

India, Oct. 2 -- Fantasy sports and other pay-to-play online games may soon face tighter checks, with draft government rules spelling out when a game crosses the line into prohibited money gaming. Ac... Read More


Glottis IPO allotment to be finalised tomorrow. Here's GMP, how to check status

New Delhi, Oct. 2 -- Glottis IPO had opened for subscription on September 29 and closed on October 1. The allotment of Glottis IPO will be finalised on tomorrow, Friday October 3. The shares of Glott... Read More


Sam Altman's OpenAI beats Elon Musk's SpaceX as ChatGPT-maker's valuation reaches $500 billion

New Delhi, Oct. 2 -- ChatGPT maker OpenAI has reached a valuation of $500 billion, racing past Elon Musk's SpaceX, according to a report on Thursday. As per Reuters quoting sources, the $500 billion ... Read More


From infrastructure, metals to renewable energy: Sectors that will drive Indian stock market's next rally

New Delhi, Oct. 2 -- Indian equities closed September on a positive note after two consecutive months of losses. The Nifty 50 gained 0.75 percent, rebounding from declines of 1.4 percent in August and... Read More


RBI reports 98.35% return of Rs.2000 banknotes following withdrawal announcement

New Delhi, Oct. 2 -- The Reserve Bank of India (RBI) has reported a substantial decrease in the circulation of Rs.2000 denomination banknotes, following its withdrawal announcement earlier this year. ... Read More


OpenAI becomes world's most valuable startup at $500BPublished on: October 2, 2025 10:34 PM

Pakistan, Oct. 2 -- The valuation of OpenAI, the company behind ChatGPT, has skyrocketed to an unprecedented $500 billion following a private share sale. Reports revealed that employees sold $6.6 bill... Read More


Finance ministry orders probe into Wintrack's harassment, corruption allegations against Chennai Customs

India, Oct. 2 -- Following the corruption and harassment charges levelled against Chennai Customs by Wintrack Inc., the Finance Ministry on Thursday said that the Revenue Department will conduct a det... Read More


From GMDC, Delhivery to L&T Finance- THESE 22 Nifty 500 stocks gained over 50% in H1FY26 despite stock market volatility

New Delhi, Oct. 2 -- The Indian stock market witnessed significant volatility in the first half of the current financial year (H1FY26) on Trump tariffs, foreign capital outflow and stretched valuation... Read More