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Cyient DLM shares crash 19% despite Q2 profit rise

New Delhi, Oct. 16 -- Cyient DLM shares plunged over 19 per cent on Friday despite the company reporting a 43 per cent y-o-y increase in standalone net profit for the September 2026 quarter (Q2FY27). ... Read More


Fairfax to engage Parekh, Sukthankar to advise it on IDBI Bank acquisition

New Delhi, Oct. 16 -- Canada-based Fairfax Financial Holdings Ltd (FFHL) will engage Deepak Parekh, former Chairman of erstwhile HDFC Ltd, and Paresh Sukthankar, former Deputy Managing Director of HDF... Read More


Reliance hits back at Musk, says Jio's satellite services also await clearances

New Delhi, Oct. 16 -- Reliance Industries has responded to Elon Musk's public attack on Mukesh Ambani over the delay in Starlink's entry into India, maintaining that its own satellite services are als... Read More


CERT-in incident flags need for AI-enhanced security measures rather than reacting to attacks

New Delhi, Oct. 16 -- India's defence and enterprise sectors need to ramp up security measures and leverage AI to counter AI-enhanced cyber vulnerabilities proactively rather than reactively, experts ... Read More


Nifty opens lower despite gap-up; IT stocks lead gains as markets digest inflation worries

New Delhi, Oct. 16 -- Benchmark indices opened higher but quickly slipped into the red on Friday morning, with the BSE Sensex trading at 74,094.54, down 221.07 points or 0.30 per cent from its previou... Read More


Crude oil futures fall as IEA agrees to complete remaining oil releases

New Delhi, Oct. 16 -- Crude oil futures traded lower on Friday after the International Energy Agency (IEA) agreed to take all necessary steps to complete the remaining release of around 100 million ba... Read More


Letters to the Editor dated October 16, 2026

New Delhi, Oct. 16 -- This refers to 'SC upholds Bombay HC order quashing Yes Bank AT1 write-off' (October 16). This is a landmark judgment reinforcing the importance of statutory compliance and adher... Read More


Editorial. Fatally expensive

New Delhi, Oct. 16 -- Of late, courts have taken a serious view of the astronomical prices of cancer drugs. Responding to the concerns of the Supreme Court - and before that, Kerala High Court - the C... Read More


Entry buyers use festive discount to buy mid-range phone

New Delhi, Oct. 16 -- Entry buyers are making the most of a festive discount by stretching to a mid-range phone, as per Techarc's in its report focusing on the festive season. The research firm repor... Read More


Kashmir homestay investment hinges on peace, policy support

New Delhi, Oct. 16 -- In the immediate aftermath of the Pahalgam terror attack last year, Irshad Ahmad hesitated to accommodate tourists at his homestay, Look Out, in the south Kashmir resort town. T... Read More