Business News for Founders
Info Edge Names Sanjeev Bikhchandani Group CEO From December
Info Edge founder Sanjeev Bikhchandani has been named Group CEO, subject to shareholder approval, as Hitesh Oberoi steps down.
Tata Motors and Amazon to Deploy 3,000 Electric Trucks in India
Amazon will add 3,000 Tata Motors electric trucks to its India network, starting in Delhi.
Blackstone Opens Its First GCC Outside the US in Bengaluru
Blackstone has opened its first global capability centre outside the US, in Bengaluru.
Paytm Expects UPI MDR to Lift Its Payments Margin
Paytm estimates the proposed UPI MDR would add about 2.5 basis points to its payments margin.
Bombay High Court Rejects Meta Plea in Blink Digital Case
The court said Meta had not shown it totally lacks jurisdiction over Blink Digital's suit.
dubdub Raises $1.3 Million in Seed Funding for Its Trivia App
The swipe-based trivia and puzzle app will hire in product and engineering and add new formats.
CarTrade Tech Q2 Profit Rises About 3% to Rs 66 Crore
CarTrade Tech posted a Q2 FY27 net profit of about Rs 66 crore on revenue of Rs 213.1 crore.
Jio Platforms Shares List at Rs 1,358, a 21.36% Premium
Jio Platforms listed at Rs 1,358 on NSE and BSE, 21.36% above its Rs 1,119 issue price.
Invesco Mutual Fund Opens Silver ETF and Silver FoF NFOs
Invesco Mutual Fund has opened an India Silver ETF and a Silver ETF Fund of Fund for subscription.
Unimech Aerospace Q2 Profit Rises 103% to Rs 31.77 Crore
Unimech Aerospace's Q2 FY27 PAT was Rs 31.77 crore, with revenue from operations up 98% to Rs 123 crore.
ICICI Prudential Mutual Fund Opens BSE Power ETF NFO
ICICI Prudential Mutual Fund has opened the NFO of its BSE Power ETF, running until October 30.
L&T Q2 Profit Rises About 33% to Rs 5,202 Crore
L&T's consolidated Q2 FY27 profit was Rs 5,202 crore, with record order inflow of Rs 1,47,665 crore.
Anup Bagchi Takes Charge as HDFC Bank MD and CEO
Anup Bagchi took charge as HDFC Bank MD and CEO on 27 October, succeeding Sashidhar Jagdishan.
SEBI Extends Debenture Trustees' Deadline to April 2027
SEBI has given debenture trustees six more months, until 27 April 2027, to meet its separation rules.
Piramal Pharma Swings to Profit in Q2 FY27 as Revenue Rises 28%
Piramal Pharma posted a Q2 FY27 profit of about Rs 5 crore against a loss a year earlier.
UTI Mutual Fund Opens New Age Consumption Index Fund NFO
UTI Mutual Fund has opened the NFO of a new index fund that tracks new age consumption stocks.
Clinics On Cloud Raises Rs 120 Crore in Series A From Model42
The Pune-based Health ATM maker raised its Series A at a valuation of Rs 600 crore.