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# Konexio Network: India Business, Finance & Technology News

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## Posts
- [Zetwerk Manufacturing Businesses Limited raises ₹2,251.23 Crores from 99 anchor investors, at upper price band of ₹151 per equity share](https://konexionetwork.com/finance-economy/zetwerk-manufacturing-businesses-limited-raises-%e2%82%b92251-23-crores-from-99-anchor-investors-at-upper-price-band-of-%e2%82%b9151-per-equity-share/): Link: https://nsearchives.nseindia.com/content/ipo/ANCHOR_ZETWERK.zip
- [Cleartrip’s Big Billion Days Has Birds Upset Because Pura India Hogaya Phurr](https://konexionetwork.com/finance-economy/cleartrips-big-billion-days-has-birds-upset-because-pura-india-hogaya-phurr/): National: Cleartrip, a Flipkart company and one of India’s fastest growing online travel platforms, has released a bold and humorous ad film for its Big Billion Days (BBD) 2026 campaign that completely reimagines traditional travel advertising. Instead of celebrating who's going on vacation, the brand uses satire and anthropomorphism to show who's not happy about it – the birds. 
- [Systematix Private Wealth Targets ₹40,000 Crore AUM in Five Years, Plans Expansion to 17 Cities](https://konexionetwork.com/finance-economy/systematix-private-wealth-targets-%e2%82%b940000-crore-aum-in-five-years-plans-expansion-to-17-cities/): Systematix Private Wealth targets ₹40,000 crore AUM in five years; to build presence across seventeen cities with a team of 146 private bankers, subject to business growth and market conditions.
- [Schneider Electric and Apple introduce new Smart Thermostat for Apple Home Collection and Power Mount for Apple HomeView](https://konexionetwork.com/finance-economy/schneider-electric-and-apple-introduce-new-smart-thermostat-for-apple-home-collection-and-power-mount-for-apple-homeview/): Mumbai: Schneider Electric, a global energy technology leader, today announced a new Smart Thermostat, co-developed with Apple for Apple Home Collection, and an exclusive Power Mount for the newly announced Apple HomeView (Wall Mounted). Both products combine Schneider Electric’s expertise in home energy with the Apple Home experience. Homeowners can privately control their energy for even more comfort in Apple Home, furthering Schneider Electric’s mission to bring energy intelligence to the home.
- [Buyers fail to build on momentum, encounter strong overhead hurdle at 22750-22850](https://konexionetwork.com/finance-economy/buyers-fail-to-build-on-momentum-encounter-strong-overhead-hurdle-at-22750-22850/): It was a muted trading session for NIFTY, as buyers failed to build on the bullish momentum from the previous session, with the index trading mostly in the upper half of the prior session’s range. The index opened on a subdued note, with sellers exerting pressure right from the outset amid an intense tussle between buyers and sellers. A sudden mid-session spike to the downside threatened to wipe out the gains made in the previous session. However, buyers managed to defend lower levels and recover some of the losses, eventually bringing the index to a close at 22,622, down 0.44%.
- [Sahajanand Medical Technologies Limited Raises Rs 140 Crore from Anchor Investors](https://konexionetwork.com/finance-economy/sahajanand-medical-technologies-limited-raises-rs-140-crore-from-anchor-investors/): Mumbai: Sahajanand Medical Technologies Limited, which is a is a Class III and Class C/D medical devices company with a portfolio of technologically advanced medical devices across vascular and structural heart intervention, has garnered Rs 140 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Thursday, October 15, 2026.
- [AI is now a defining ethical challenge for the accountancy profession](https://konexionetwork.com/finance-economy/ai-is-now-a-defining-ethical-challenge-for-the-accountancy-profession/): 61% ranked the use of AI as their top ethical challenge, according to new ACCA report
- [NABARD Subscribes ₹4 Crore to NSDC’s Social Stock Exchange Issue to Support Overseas Employment of Rural Youth](https://konexionetwork.com/finance-economy/nabard-subscribes-%e2%82%b94-crore-to-nsdcs-social-stock-exchange-issue-to-support-overseas-employment-of-rural-youth/): Mumbai: The National Bank for Agriculture and Rural Development (NABARD) has fully subscribed ₹4 crore to the maiden Zero Coupon Zero Principal (ZCZP) issue of the National Skill Development Corporation (NSDC) on the Social Stock Exchange (SSE) platform of the National Stock Exchange (NSE), marking an important milestone in the evolution of outcome-based social finance in India. The project, with an estimated outlay of ₹11.25 crore, seeks to create sustainable overseas employment opportunities for 600 rural youth belonging to Other Backward Classes (OBC) in Madhya Pradesh.
- [Reliance Consumer Products marks strategic entry into the Ready-To-Drink Dairy category With the launch of Joyland Flavoured Milk](https://konexionetwork.com/finance-economy/reliance-consumer-products-marks-strategic-entry-into-the-ready-to-drink-dairy-category-with-the-launch-of-joyland-flavoured-milk/): Made with authentic dairy ingredients, Joyland delivers dairy goodness and taste at ₹20
- [Vertiv Delivers India’s First High-Density Liquid Cooling Data Center Deployment for CapitaLand India Trust, Enabling 30 MW of AI-Ready Capacity](https://konexionetwork.com/finance-economy/vertiv-delivers-indias-first-high-density-liquid-cooling-data-center-deployment-for-capitaland-india-trust-enabling-30-mw-of-ai-ready-capacity/): Secondary Fluid Network (SFN) skid design, engineering & manufacturing capability, and rigorous quality standards support Vertiv India's growing role in the country's liquid cooling market
- [L&T Inks MoU with TuTr Hyperloop for Next-Generation Mobility Infrastructure](https://konexionetwork.com/finance-economy/lt-inks-mou-with-tutr-hyperloop-for-next-generation-mobility-infrastructure/): Bengaluru: Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with TuTr Hyperloop Private Ltd, an IIT Madras-incubated deep-tech mobility start-up, to explore opportunities in the development and deployment of next-generation mobility technologies and infrastructure in India. The MoU establishes a framework for jointly exploring and pursuing opportunities in the emerging mobility ecosystem, with project-specific engagements to be undertaken through separate agreements.
- [NSEIX and London Stock Exchange agree on a Memorandum of Understanding to strengthen strategic collaboration](https://konexionetwork.com/finance-economy/nseix-and-london-stock-exchange-agree-on-a-memorandum-of-understanding-to-strengthen-strategic-collaboration/): NSE IFSC Limited (NSEIX) and London Stock Exchange (LSE) plc, have announced the signing of a Memorandum of Understanding (MoU) to explore areas of strategic collaboration to drive cross border growth and innovative listing and trading opportunities for issuers and investors in both jurisdictions.
- [Chandan Healthcare Limited Reports 46.66% YoY Growth in Q2 FY27 Diagnostics Revenue to ₹56.38 Cr; Adds 410 Franchises](https://konexionetwork.com/finance-economy/chandan-healthcare-limited-reports-46-66-yoy-growth-in-q2-fy27-diagnostics-revenue-to-%e2%82%b956-38-cr-adds-410-franchises/): Lucknow: Chandan Healthcare Limited (NSE - CHANDAN), – an integrated diagnostics company offering pathology and radiology services, reported strong business momentum during Q2 FY27, supported by healthy growth in its core diagnostics operations and continued expansion of its franchise network.
- [SEBI’s IPO Relaxation Spree Continues with Another Major Relief on Issue Size Resizing](https://konexionetwork.com/finance-economy/sebis-ipo-relaxation-spree-continues-with-another-major-relief-on-issue-size-resizing/): Earlier relaxations supported massive capital formation amounting approximately to ₹1 lakh crore in the last quarter, making a record
- [Bayer’s DirectAcres program scales to over 200,000 acres, advancing resource-efficient rice cultivation in India](https://konexionetwork.com/finance-economy/bayers-directacres-program-scales-to-over-200000-acres-advancing-resource-efficient-rice-cultivation-in-india/): The initiative has grown from 3,500 hectares in 2023 to over 81,000 hectares in 2026, supporting farmers in transitioning to Direct Seeded Rice through an integrated cropping-system approach.
- [True Balance Launches New Brand Film as ‘Fatafat Loan’ Campaign Crosses 100 Million Views](https://konexionetwork.com/finance-economy/true-balance-launches-new-brand-film-as-fatafat-loan-campaign-crosses-100-million-views/): Gurugram: True Balance, India's leading AI-powered digital lending platform, has launched a new brand film under its ‘Loan Milega Fatafat, Life Hogi Takatak’ campaign. The campaign’s earlier brand films have together crossed 100 million views. Designed for mass distribution, the new film anchors the company’s wider brand-building effort.
- [ASICS Marks 150-Store Milestone in India with Launch of its Third COCO Store in Jaipur](https://konexionetwork.com/finance-economy/asics-marks-150-store-milestone-in-india-with-launch-of-its-third-coco-store-in-jaipur/): ASICS expands its retail presence in Rajasthan with a global concept store at Pacific Mall, Mansarovar
- [LIC of India Introduces Three New Plans: New Jeevan Dhara-II (Plan 892), Health Shield (Plan 907) and New Cancer Cover (Plan 908)](https://konexionetwork.com/lifestyle-wellness/lic-of-india-introduces-three-new-plans-new-jeevan-dhara-ii-plan-892-health-shield-plan-907-and-new-cancer-cover-plan-908/): Mumbai: The CEO & MD of LIC of India, Shri R. Doraiswamy launched three new plans today, LIC’s New Jeevan Dhara –II (Plan 892), LIC’s Health Shield (Plan 907) & LIC’s New Cancer Cover (Plan 908).
- [Skipper Limited appoints Mr. R. N. Nayak, former CMD of Power Grid Corporation of India, as Non-Executive Independent Director](https://konexionetwork.com/finance-economy/skipper-limited-appoints-mr-r-n-nayak-former-cmd-of-power-grid-corporation-of-india-as-non-executive-independent-director/): Adds four decades of power-sector leadership to the Board as Skipper scales its transmission and distribution business
- [22250-22100 emerges as sacrosanct support, buyers launch a sharp recovery](https://konexionetwork.com/finance-economy/22250-22100-emerges-as-sacrosanct-support-buyers-launch-a-sharp-recovery/): Buyers yet again defended the crucial support zone, launching a sharp bounce back thereafter. Following a muted open, buyers straight away jumped into action, pushing prices higher by more than 300 points in early hours of trade. A mid-day bout of profit booking threatened to reverse all the early morning gains, but a sudden news flow, resulted in sharp spikes across frontline indices, which saw the index jump close to 150 points in a short span, to wrap up the day at the 22721 mark, with gains of 1.6%.
- [IBM and MeitY Startup Hub Sign MoU to Accelerate Deep-Tech Innovation and Startup Growth in India](https://konexionetwork.com/finance-economy/ibm-and-meity-startup-hub-sign-mou-to-accelerate-deep-tech-innovation-and-startup-growth-in-india/): Mumbai,Bengaluru, India: IBM and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology (MeitY), Government of India, have signed a Memorandum of Understanding (MoU) with plans to accelerate India's deep tech startup ecosystem by enabling startups with access to IBM's technology expertise, mentorship, enterprise engagement opportunities, skilling programs, and ecosystem development initiatives.
- [Introducing TrendAI™ Autonomous Vulnerability Discovery: Next-Generation Threat Remediation at Machine Speed](https://konexionetwork.com/finance-economy/introducing-trendai-autonomous-vulnerability-discovery-next-generation-threat-remediation-at-machine-speed/): New service pairs AI-powered vulnerability discovery with validation from the world's largest vendor-agnostic bug bounty program to identify exploitable attack paths
- [Bajaj Broking Launches Algorithmic Trading Platform, Bringing Strategy Creation and Automated Execution Together](https://konexionetwork.com/finance-economy/bajaj-broking-launches-algorithmic-trading-platform-bringing-strategy-creation-and-automated-execution-together/): The web and app-based platform offers ready-made strategies, custom strategy-building tools and risk management features
- [OneOTT Intertainment Ltd. appoints Ashish Krishana Sharma as Chief Business Officer, Retail & Institutional Sales](https://konexionetwork.com/finance-economy/oneott-intertainment-ltd-appoints-ashish-krishana-sharma-as-chief-business-officer-retail-institutional-sales/): Mumbai: ONEOTT iNTERTAINMENT LTD. (OIL), the broadband vertical of Hinduja Global Solutions and one of India’s largest Internet Service Providers (ISPs), today announced the appointment of Ashish Krishana Sharma as Chief Business Officer, Retail & Institutional vertical. In this role, Ashish will lead OIL’s broadband business across India, driving sales, distribution and customer acquisition for its flagship brand, ONE Broadband in the retail and institutional segments. The appointment underscores OIL’s commitment to accelerating its growth journey and strengthening its presence in high-potential markets nationwide.
- [Citi and Credendo Announce Landmark USD 328 Million Financing for IndiGo’s Eight Airbus Aircraft](https://konexionetwork.com/finance-economy/citi-and-credendo-announce-landmark-usd-328-million-financing-for-indigos-eight-airbus-aircraft/): Bengaluru : Citi and Credendo, Belgium’s export credit agency, today announced the successful closing of a USD 328 million financing for eight Airbus aircraft (six A321s and two A320s) for IndiGo, India’s largest airline by network and fleet size and one of the fastest growing carriers in the world. Under the structure, Citi acted as Sole Mandated Arranger, ECA Coordinator and Sole Lender, with the financing backed by Credendo’s credit insurance.
- [Shree Cement commissions 3 MTPA cement grinding facility with an investment of AED 115 million in UAE](https://konexionetwork.com/finance-economy/shree-cement-commissions-3-mtpa-cement-grinding-facility-with-an-investment-of-aed-115-million-in-uae/): Shree Cement Limited, one of India’s leading cement manufacturers and among the country’s most sustainable cement companies has announced the successful commissioning of a 3 MTPA cement grinding facility at Union Cement Company (UCC), a subsidiary of Shree Cement Limited, in, Ras Al Khaimah, UAE, with an investment of AED 115 million. The new facility marks a milestone in the Company’s international expansion, strengthening its manufacturing capabilities and presence in the UAE.
- [PayU and Malaysia Airlines sign a Strategic MoU to Enhance Digital Payments and Booking Experience for Indian Customers](https://konexionetwork.com/finance-economy/payu-and-malaysia-airlines-sign-a-strategic-mou-to-enhance-digital-payments-and-booking-experience-for-indian-customers/): Strategic partnership to enhance digital booking experiences and develop tailored propositions for leisure, premium, student and corporate travelers
- [SDHI Reports 2.5x Jump in Operating Revenue in H1 FY27 as the Shipyard Scales Up Execution](https://konexionetwork.com/finance-economy/sdhi-reports-2-5x-jump-in-operating-revenue-in-h1-fy27-as-the-shipyard-scales-up-execution/): A growing order book of ~INR 6500 Cr reflects the acceleration from turnaround to execution by the shipyard under the new management
- [Ashok Leyland partners with Union Bank of India for providing Vehicle Finance facilities](https://konexionetwork.com/finance-economy/ashok-leyland-partners-with-union-bank-of-india-for-providing-vehicle-finance-facilities/): National: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with Union Bank of India (UBI) to establish a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and Union Bank of India (UBI) to offer customized financial solutions to the customers buying Ashok Leyland’s trucks and buses.
- [Ravita Engineering Services Limited IPO Opens on October 14, 2026](https://konexionetwork.com/finance-economy/ravita-engineering-services-limited-ipo-opens-on-october-14-2026/): Mumbai: Ravita Engineering Services Limited is engaged in EPIC and O&M solutions for HVAC systems, temperature-control systems and allied electro-mechanical equipment, proposes to open its Initial Public Offering on Wednesday, October 14, 2026 aiming to raise ₹ 116.05 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.
- [Shellz India Limited’s IPO opens on October 15, 2026](https://konexionetwork.com/finance-economy/shellz-india-limiteds-ipo-opens-on-october-15-2026/): Fresh issue of up to 33,50,400 equity shares to list on the SME Platform of BSE; anchor investor bidding on October 14, 2026
- [Spinny brings home 1,370 cars on the first day of Navratri](https://konexionetwork.com/finance-economy/spinny-brings-home-1370-cars-on-the-first-day-of-navratri/): Spinny platform delivers over 1.7 times its previous single-day record, and 96% more than Navratri’s first day last year
- [Acer Expands Iconia Tablet Range with New 11-inch and 12-inch 5G Tablets, Bringing Productivity and Entertainment Together](https://konexionetwork.com/finance-economy/acer-expands-iconia-tablet-range-with-new-11-inch-and-12-inch-5g-tablets-bringing-productivity-and-entertainment-together/): Mumbai: Acer, one of the world’s leading technology brands, today announced the expansion of its Iconia Tablet portfolio with two new 5G tablets – the Acer Iconia Tab 11 5G and Acer Iconia Tab 12 5G. Designed for today’s increasingly connected lifestyles, the new tablets bring together large, high-refresh-rate displays, 5G connectivity, capable performance, and support for keyboard and stylus accessories, giving users the flexibility to move seamlessly between entertainment, learning and productivity.
- [HP announces special offers on latest products for the festive season](https://konexionetwork.com/finance-economy/hp-announces-special-offers-on-latest-products-for-the-festive-season/): Festive offers on new AI laptops, gaming laptops, and printers
- [PE writers key ahead of weekly expiry, as NIFTY reverses gains from prior session](https://konexionetwork.com/finance-economy/pe-writers-key-ahead-of-weekly-expiry-as-nifty-reverses-gains-from-prior-session/): The new week began yet again on a disappointing note. Despite opening with a gap-up, buyers failed to sustain the early morning gains and the bullish momentum carried forward from the previous sessions. Sellers effectively utilized higher prices to erase the initial gains and eventually reverse nearly all the gains recorded in the preceding sessions. Amid sideways price action during the remainder of the session, NIFTY eventually settled at the 22363 mark, registering a loss of 0.70%.
- [Rajesh Power Services wins massive orders of ₹471.92 Crore from MGVCL; Order Book Nearing To ₹4000 Crore](https://konexionetwork.com/finance-economy/rajesh-power-services-wins-massive-orders-of-%e2%82%b9471-92-crore-from-mgvcl-order-book-nearing-to-%e2%82%b94000-crore/): Ahmedabad: Rajesh Power Services Limited (RAJESH) BSE: 544291, ISIN: INE0VN801010, one of the leading specialized EPC Contractors in Power Transmission & Distribution on Monday announced that the company has secured significant ₹471.92 crore turnkey contracts (inclusive of taxes) from Madhya Gujarat Vij Company Limited (MGVCL) for strengthening electricity distribution infrastructure across Gujarat. The mega order marks a significant milestone for Rajesh Power Services Limited, adding over 10% to its order book in a single stroke and taking the total order book closer to ₹4,000 crore, while securing 18 months of execution visibility.
- [Bullion Finds Its Footing, but the Risk of a Fed Hike Still Looms](https://konexionetwork.com/finance-economy/bullion-finds-its-footing-but-the-risk-of-a-fed-hike-still-looms/): Gold and silver prices had a week of two halves. Hawkish Fed minutes and speeches, a firm dollar and US Treasury yields at two-decade highs weighed heavily on both metals midweek. Sentiment turned after President Trump spoke of “productive discussions” with Iran, which cooled oil prices and eased inflation fears. The RBI’s first rate hike since 2023 failed to lift the rupee, and the weak rupee cushioned domestic prices. Support stayed firm: China extended its gold buying to a 23rd month, and global ETF holdings hit a record. Indian buyers remain price-sensitive ahead of the festive season, while US CPI data will set the next direction.
- [The Wealth Company AIF Makes a ₹400 Crore Investment in Boldfit, Among the Significant Consumer Bets by a Domestic Private Equity Fund](https://konexionetwork.com/finance-economy/the-wealth-company-aif-makes-a-%e2%82%b9400-crore-investment-in-boldfit-among-the-significant-consumer-bets-by-a-domestic-private-equity-fund/): One of the largest disclosed Indian domestic-fund investments in fitness and sports-products
- [Tata Power Renewable Energy Executes 645 MW of Utility-Scale Projects in H1 FY27; Targets 9.3 GW Execution by Year-End](https://konexionetwork.com/finance-economy/tata-power-renewable-energy-executes-645-mw-of-utility-scale-projects-in-h1-fy27-targets-9-3-gw-execution-by-year-end/): Bengaluru: Tata Power Renewable Energy Limited (TPREL), one of India’s largest renewable energy companies and a subsidiary of The Tata Power Company Limited (Tata Power), delivered a strong execution performance in Q2 FY27, commissioning 419 MW of utility-scale projects representing over 130% year-on-year growth compared to the 182 MW of utility-scale capacity executed during the corresponding quarter of the previous fiscal year. It has also executed 131.2 MWhr of storage projects (101.2 MWhr of storage capacity for in-house TPREL, while the remaining 30 MWhr of storage capacity comprised third-party projects) during Q2FY27.
- [Technip Energies awarded large EPC contract by HPCL for Mumbai refinery modernization project in India](https://konexionetwork.com/finance-economy/technip-energies-awarded-large-epc-contract-by-hpcl-for-mumbai-refinery-modernization-project-in-india/): Technip Energies (PARIS:TE) has been awarded a large Engineering, Procurement and Construction (EPC) contract  by Hindustan Petroleum Corporation Limited (HPCL) for its Lube Modernization and Bottom Upgradation (LMBU) project at the Mumbai Refinery in Maharashtra, India.
- [Sahajanand Medical Technologies Limited’s IPO of Equity Shares to Open on Thursday, October 15, 2026](https://konexionetwork.com/finance-economy/sahajanand-medical-technologies-limiteds-ipo-of-equity-shares-to-open-on-thursday-october-15-2026/): Mumbai: Sahajanand Medical Technologies Limited (“Company”) has fixed the price band at Rs 327/- to Rs 344/- per Equity Share for its initial public offering of Equity Shares.
- [Tonbo Imaging India Limited’s IPO to open on Thursday, October 15, 2026](https://konexionetwork.com/finance-economy/tonbo-imaging-india-limiteds-ipo-to-open-on-thursday-october-15-2026/): Tonbo Imaging India Limited proposes to open an initial public offering of its equity shares of ₹2 each on Thursday, October 15, 2026. The Anchor Investor Bidding Date shall be Wednesday, October 14, 2026, being one Working Day prior to the Bid/Offer Opening Date. The Bid/Offer Closing Date shall be Monday, October 19, 2026.
- [Zetwerk Manufacturing Businesses Limited’s IPO to open on Thursday, October 15, 2026](https://konexionetwork.com/finance-economy/zetwerk-manufacturing-businesses-limiteds-ipo-to-open-on-thursday-october-15-2026/): National: Zetwerk Manufacturing Businesses Limited (the “Company”) proposes to open the initial public offering (“Offer”) of its equity shares of face value ₹1 each (“Equity Shares”) on Thursday, October 15, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Wednesday, October 14, 2026. The Bid/Offer Closing Date is Monday, October 19, 2026.
- [Bonfiglioli Transmissions Limited’s IPO to open on Thursday, October 15, 2026](https://konexionetwork.com/finance-economy/bonfiglioli-transmissions-limiteds-ipo-to-open-on-thursday-october-15-2026/): Price Band has been fixed at ₹ 558 to ₹ 586 per Equity Share
- [GE Aerospace announces plans to nearly double supplier spend in-country to help meet India’s aviation industry growth](https://konexionetwork.com/finance-economy/ge-aerospace-announces-plans-to-nearly-double-supplier-spend-in-country-to-help-meet-indias-aviation-industry-growth/): Bengaluru, INDIA: GE Aerospace (NYSE:GE) today announced plans to nearly double supplier spend in-country from 2025 to 2030 to help meet India’s growing demand for flight and leadership in the aviation industry. The announcement coincided with the release of a new report compiled by Ernst & Young (EY), Powering Progress: GE Aerospace's Economic Impact in India, the first comprehensive assessment of the impact GE Aerospace's four decades in India have had across commercial aviation, defense, manufacturing, and engineering. The report was released at 'India Taking Flight – Aviation, Innovation and the Road to Viksit Bharat 2047', a gathering of industry leaders hosted by GE Aerospace.
- [Tessolve Semiconductor, a Hero Electronix company, secures $75 million investment from Vector Line Capital](https://konexionetwork.com/finance-economy/tessolve-semiconductor-a-hero-electronix-company-secures-75-million-investment-from-vector-line-capital/): Vector Line joins TPG and Novo Tellus as an investor in Tessolve
- [CMS INDUSLAW adds new partner to its Transactions practice in Delhi & NCR](https://konexionetwork.com/finance-economy/cms-induslaw-adds-new-partner-to-its-transactions-practice-in-delhi-ncr/): CMS INDUSLAW is pleased to announce that Abhishek Sanyal will be joining as a Partner in our Transactions practice, based in the Delhi & NCR offices.
- [Expect markets to continue to recover, slowly](https://konexionetwork.com/finance-economy/expect-markets-to-continue-to-recover-slowly/): Markets had extra drama last week and things ended on a weekly basis as expected, on a positive note. The consecutive eight week losing streak ended as expected and predicted with markets gaining. What the week ahead holds for us, only time will tell. BSESENSEX gained 534.53 points or 0.74% to close at 72,544.66 points while NIFTY gained 89.65 points or 0.40% to close at 22,535.65 points. BANKNIFTY gained 805.90 points or 1.48% to close at 55,256.65 points. The broader markets saw BSE100 gain 0.20%, while BSE200 AND BSE500 lost 0.02% and 0.08%. BSEMIDCAP lost 1.38% while BSESMALLCAP lost 1.18%. The top sectorial gainer was BSETECH which gained 1.84% while the top loser was BSEREALTY which was down 4.19%. Markets gained on three of the five trading sessions and lost on two.
- [Steel Exchange India Limited Clocks Approximately ~₹340 Crore Revenue in Q2 FY27, up ~45% YoY and ~25% QoQ, Driven by Record Re-bar Production](https://konexionetwork.com/finance-economy/steel-exchange-india-limited-clocks-approximately-%e2%82%b9340-crore-revenue-in-q2-fy27-up-45-yoy-and-25-qoq-driven-by-record-re-bar-production/): Visakhapatnam, India: Steel Exchange India Limited (NSE: STEELXIND | BSE: 534748), one of South India’s leading integrated steel manufacturers and the company behind the SIMHADRI TMT brand, has shared a business update for Q2 FY27 with the stock exchanges ahead of its financial results. The update points to strong momentum, powered by record production and improving operating efficiencies – a significant step forward in the Company’s turnaround journey.
- [Mumbai to welcome UK Cabinet Ministers and Mayors for Ceta Marketplace](https://konexionetwork.com/finance-economy/mumbai-to-welcome-uk-cabinet-ministers-and-mayors-for-ceta-marketplace/): Celebrating the UK-India Comprehensive Economic and Trade Agreement (CETA) in action, the Marketplace will highlight world-class innovation, products and services from across the whole of the UK while deepening trade and investment links between both countries. 
- [Tata Steel Colors introduces Colorcoat® pre-painted steel in India](https://konexionetwork.com/finance-economy/tata-steel-colors-introduces-colorcoat-pre-painted-steel-in-india/): Bringing globally proven pre-painted steel technology to India to meet the growing demand for high-performance, sustainable and design-led building-envelope solutions.
- [Ola Electric hosts about 150 dealer partners at its first Dealer Day at the Giga Factory and Future Factory](https://konexionetwork.com/finance-economy/ola-electric-hosts-about-150-dealer-partners-at-its-first-dealer-day-at-the-giga-factory-and-future-factory/): Mumbai: Ola Electric hosted about 150 dealer partners from across the country at its first Dealer Day, held at the Giga Factory and Future Factory today. Many of the partners already have stores open, and others are about to. Chairman and Managing Director Bhavish Aggarwal shared photos from the event on X, praising the enthusiasm and optimism in the room. The dealers toured the facilities, where Ola builds its scooters and key components like battery packs and motors, and met directly with the leadership team.
- [India Logs on for The Big Billion Days: Flipkart Records 6.3 Million Concurrent Users as the Festive Season Opens](https://konexionetwork.com/finance-economy/india-logs-on-for-the-big-billion-days-flipkart-records-6-3-million-concurrent-users-as-the-festive-season-opens/): Bengaluru: India turned up for The Big Billion Days. In the opening hour of the 13th edition, Flipkart recorded 6.3 million concurrent users in a minute, kicking off the country's festive shopping season. Every 15th Indian online shopper visited Flipkart in that first hour, with over 6x more Indians shopping on the platform than in a regular hour and new customers growing 34%. Early Access opened at midnight on October 8 for Flipkart Plus and Black members and Flipkart Co-brand card members, leading to over 287 million sessions as customers from across India shopped for Mobiles, Electronics, Large Appliances, Beauty, Lifestyle and Home. The opening hour is a strong indicator of how deeply festive shopping online has taken root in India, and Flipkart is serving customers across every corner of it.
- [Vayona Energy unveils next-generation 5 MW wind turbine, combining German engineering with India-focused design and manufacturing](https://konexionetwork.com/finance-economy/vayona-energy-unveils-next-generation-5-mw-wind-turbine-combining-german-engineering-with-india-focused-design-and-manufacturing/): New 5 MW platform pairs a 193-metre rotor with native digital twin capabilities to maximise energy yield and enable predictive maintenance
- [India Could Be Among First Countries to Roll Out 6G: Jio](https://konexionetwork.com/finance-economy/india-could-be-among-first-countries-to-roll-out-6g-jio/): New Delhi: Indian telecom giant Jio is gearing up for the 6G era. The company says India could be among the first countries to roll out 6G when global standards are finalised in 2030. Jio has already developed its pre-6G stack and Giga MIMO Radio, both of which are on display at the ongoing India Mobile Congress (IMC) 2026 in New Delhi.
- [Nifty snapped its weekly losing streak with a Doji formation](https://konexionetwork.com/finance-economy/nifty-snapped-its-weekly-losing-streak-with-a-doji-formation/): The benchmark indices witnessed a highly volatile trading week, characterized by sharp swings amid persistent global uncertainties, rising bond yields and crude oil prices, currency market fluctuations, and the RBI’s rate hike. These factors weighed on investor sentiment and kept the markets under pressure throughout the week. However, a notable rebound from the 52-week low during the final trading session helped the Nifty50 index to break its losing streak. Supported by the late recovery, the index managed to end the week on a positive note, gaining 0.44 percent and settling a tad above the crucial 22500 mark.
- [Radiant Reflections: The Ultimate Karwa Chauth edit by Zen Diamond India](https://konexionetwork.com/lifestyle-wellness/radiant-reflections-the-ultimate-karwa-chauth-edit-by-zen-diamond-india/): This Karwa Chauth, celebrate the sacred bond of love, devotion, and timeless togetherness with the unmatched brilliance of natural diamonds. As the evening moon rises and fasts are lovingly broken, elevate your festive ritual with a touch of enduring glamour. Zen Diamond India presents a handpicked edit of fine natural diamond jewellery curated specifically for this cherished occasion. Whether you are searching for a sentimental gift of appreciation or a statement piece to complete your festive ensemble, these timeless creations bring effortless luxury to your Karwa Chauth celebrations.
- [Shriram Finance Limited Revises Fixed Deposit Interest Rates effective October 11, 2026](https://konexionetwork.com/finance-economy/shriram-finance-limited-revises-fixed-deposit-interest-rates-effective-october-11-2026/): Mumbai: Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FDs) across various maturity tenures. The revised rates will be effective from October 11, 2026.
- [How MSMEs Can Unlock Working Capital Through Invoice Discounting](https://konexionetwork.com/finance-economy/how-msmes-can-unlock-working-capital-through-invoice-discounting/): Digital platforms like Udyog Plus are making anchorless invoice discounting more accessible, helping MSMEs meet their working capital needs.
- [Maiden Forgings H1 FY27 Revenue from Operations Grows ~16% YoY to ~₹127 Cr; Sales Volume Rises ~14.20% YoY](https://konexionetwork.com/finance-economy/maiden-forgings-h1-fy27-revenue-from-operations-grows-16-yoy-to-%e2%82%b9127-cr-sales-volume-rises-14-20-yoy/): Delhi: Maiden Forgings Limited (BSE: 543874), A manufacturer of bright steel bars, wires and pneumatic nails, witnessed continued business momentum during H1 FY27. The Company achieved Revenue from Operations of approx. ₹127 Cr, representing growth of approx. 16% YoY. Total sales volumes stood at approx. 19,239.35 MT, reflecting growth of approx. 14.20% YoY.
- [Thermax launches Thermax-i series, a range of intelligent boilers and heaters, at Boiler India 2026](https://konexionetwork.com/finance-economy/thermax-launches-thermax-i-series-a-range-of-intelligent-boilers-and-heaters-at-boiler-india-2026/): Unveils UltraPac-i, an intelligent biomass-fired boiler, as the first product in the series
- [Aye Finance reports 26% YoY growth in AUM to ₹7,604 crore in Q2FY27](https://konexionetwork.com/finance-economy/aye-finance-reports-26-yoy-growth-in-aum-to-%e2%82%b97604-crore-in-q2fy27/): New Delhi: Aye Finance Ltd., a leading NBFC focused on lending to micro-enterprises, announced its provisional business performance for the quarter ended September 30, 2026. The company reported steady business growth during the quarter, with AUM growing 26% year-on-year to ₹7,604 crore, while disbursements increased 10% YoY and 15% QoQ to ₹1,403 crore. The company also recorded continued improvement in asset quality and productivity during the quarter.
- [Ravita Engineering Services Limited IPO Opens on October 13, 2026](https://konexionetwork.com/finance-economy/ravita-engineering-services-limited-ipo-opens-on-october-13-2026/): Mumbai: Ravita Engineering Services Limited is engaged in EPIC and O&M solutions for HVAC systems, temperature-control systems and allied electro-mechanical equipment, proposes to open its Initial Public Offering on Tuesday, October 13, 2026 aiming to raise ₹ 116.05 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.
- [Vaibhav Vyapaar Limited (LoanFront) IPO Opens on October 13, 2026](https://konexionetwork.com/finance-economy/vaibhav-vyapaar-limited-loanfront-ipo-opens-on-october-13-2026/): Mumbai: Vaibhav Vyapaar Limited (LoanFront) is an RBI-registered non-banking financial company engaged in digital personal lending through its “LoanFront – Personal Loan App”, proposes to open its Initial Public Offering on Tuesday, October 13, 2026 aiming to raise ₹ 42.10 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.
- [SEPC Limited MD Signs ₹854.57 Crore Contract with SAIL-IISCO Steel Plant at Contract Signing Ceremony in Burnpur; Consolidated Order Book Crosses ₹10,000 Crore](https://konexionetwork.com/finance-economy/sepc-limited-md-signs-%e2%82%b9854-57-crore-contract-with-sail-iisco-steel-plant-at-contract-signing-ceremony-in-burnpur-consolidated-order-book-crosses-%e2%82%b910000-crore/): Chennai: SEPC Limited (NSE: SEPC | BSE: 532945), a leading EPC company with established expertise in industrial infrastructure, process plants, water and wastewater management, has announced the signing of the Contract Agreement with Steel Authority of India Limited (SAIL) for the Pellet Plant BOP including Civil & Structural works (Pellet Plant Package-2) at SAIL-IISCO Steel Plant (ISP), Burnpur, West Bengal. The contract, with a project value of ₹854.57 Crore, was formally signed on October 8, 2026, and follows the Letter of Acceptance received by the Company from SAIL-ISP in August 2026.
- [Fusion CX’s ₹702 crore IPO to open on October 14, 2026](https://konexionetwork.com/finance-economy/fusion-cxs-%e2%82%b9702-crore-ipo-to-open-on-october-142026/): Fusion CX Limited, a Customer Experience service and AI Data Infrastructure services provider has set the IPO price band for its ₹702 crore IPO at ₹275-₹289 per share.The public issue willopen on Wednesday, October 14, 2026, and close on Friday, October 16, 2026, while the anchor book will open for subscription on Tuesday, October 13, 2026.
- [BNY and Cummins College of Engineering for Women Launch ‘’Shakti Alliance’’ to Advance Women in Technology](https://konexionetwork.com/lifestyle-wellness/bny-and-cummins-college-of-engineering-for-women-launch-shakti-alliance-to-advance-women-in-technology/): BNY (NYSE: BNY), a global financial services company, and Cummins College of Engineering for Women (CCOEW) today announced the launch of ‘’Shakti Alliance,’’ a multi-year initiative designed to help develop the next generation of women technology leaders through investment in AI and engineering education.
- [Hexaware Becomes a Preferred Partner in the Claude Partner Network, Bringing Claude to the Core of Its AI-native Platforms](https://konexionetwork.com/finance-economy/hexaware-becomes-a-preferred-partner-in-the-claude-partner-network-bringing-claude-to-the-core-of-its-ai-native-platforms/): Multi-year partnership combinesClaude with Hexaware’s Zerovity™ and AgentVerse™ platforms to deliver outcome-based AI services for enterprises
- [NABVENTURES Announces First Close of Fund II at INR 450 Crore; Target Corpus Set at INR 1,500 Crore](https://konexionetwork.com/finance-economy/nabventures-announces-first-close-of-fund-ii-at-inr-450-crore-target-corpus-set-at-inr-1500-crore/): Mumbai: NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has announced the successful First Close of NABVENTURES Fund II, securing commitments of INR 450 crore. Building on the strong track record of its earlier funds, which have collectively backed 23 innovative enterprises, the Fund is targeting a total corpus of INR 1,500 crore, including a green-shoe option.
- [VinFast India signs Letters of Intent with first 50+ e-motorcycle dealers, expanding network to 15 states and 34 cities](https://konexionetwork.com/finance-economy/vinfast-india-signs-letters-of-intent-with-first-50-e-motorcycle-dealers-expanding-network-to-15-states-and-34-cities/): Bengaluru: VinFast officially signs Letters of Intent (LOIs) with its first 50+ e-motorcycle dealer partners across 15 states and territories in India. The milestone marks an important step in VinFast’s strategy to expand its distribution network, strengthen its position and reinforce the appeal of the Vietnamese brand in one of the world’s largest two-wheeler markets.
- [Tanishq Natural Diamonds and Rahul Mishra bring the signature couture edit to India following its Paris couture week debut](https://konexionetwork.com/lifestyle-wellness/tanishq-natural-diamonds-and-rahul-mishra-bring-the-signature-couture-edit-to-india-following-its-paris-couture-week-debut/): The co-designed collection makes its first India showcase in Mumbai, bringing together Tanishq's Natural Diamond craftsmanship and Rahul Mishra's globally celebrated couture artistry
- [GIFT City to Turn Up the Festive Spirit with Nine Nights of GIFT Garba](https://konexionetwork.com/finance-economy/gift-city-to-turn-up-the-festive-spirit-with-nine-nights-of-gift-garba/): Each of the nine nights will have a distinct theme, with music, lighting and décor changing to reflect the character of the evening
- [JioStar Consumer Products and Bonkers Corner bring Hustle’s hip-hop style off the stage with an exclusive streetwear collection](https://konexionetwork.com/finance-economy/jiostar-consumer-products-and-bonkers-corner-bring-hustles-hip-hop-style-off-the-stage-with-an-exclusive-streetwear-collection/): Mumbai: JioStar Consumer Products in association with Bonkers Corner, one of India’s best-known homegrown streetwear brands, has collaborated as the official Drip Partner for Hustle Season 5, Apna Homeground. As part of the partnership, Bonkers Corner has launched an exclusive licensed merchandise collection inspired by the show, bringing the energy of Indian hip-hop from the stage to the everyday wardrobes of its fans.
- [Bears tighten grip; Nifty registers 52-weeks low on closing basis](https://konexionetwork.com/finance-economy/bears-tighten-grip-nifty-registers-52-weeks-low-on-closing-basis/): The Indian indices began the session on a subdued note, weighed down by a confluence of negative macroeconomic factors, including weak global cues, rising crude oil prices, and depreciating rupee. Additionally, the recent rate hike further intensified pressure on investor sentiment. With the bulls remaining largely absent, bears maintained a firm grip throughout the session, driving broad-based selling across sectors. The benchmark Nifty50 index declined sharply by over 1.64%, settling near the 22232 zone and registering a fresh 52-week closing low.
- [Samsung Galaxy Tab S12 Series Goes on Sale in India with exciting Multi-buy benefits and No-Cost EMI options](https://konexionetwork.com/finance-economy/samsung-galaxy-tab-s12-series-goes-on-sale-in-india-with-exciting-multi-buy-benefits-and-no-cost-emi-options/): Mumbai: Samsung India today announced the sale of the Galaxy Tab S12 Series—Samsung’s most capable and versatile tablet experience to date, combining powerful performance, and the latest Galaxy AI in an ultra-thin design. The latest tablets will be available in Gray and Silver colour options.
- [ZEISS India signs a multi-year strategic partnership with Dr. Agarwal’s Eye Hospital and Narayana Nethralaya](https://konexionetwork.com/lifestyle-wellness/zeiss-india-signs-a-multi-year-strategic-partnership-with-dr-agarwals-eye-hospital-and-narayana-nethralaya/): ZEISS India signed a Memorandum of Understanding (MoU) with Dr. Agarwal’s Eye Hospital and Narayana Nethralaya during the 44th Congress of the ESCRS Annual Congress hosted at the ExCeL exhibition centre in London. This milestone reflects a longstanding relationship between the Parties, that provides an opportunity to further strengthen clinical collaboration and technology adoption in both cataract and refractive surgeries.
- [Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru](https://konexionetwork.com/finance-economy/flipkart-sets-the-stage-for-the-big-billion-days-2026-with-high-energy-kick-off-in-bengaluru/): Flipkart, India’s homegrown e-commerce marketplace, kicked off the 13th edition of The Big Billion Days (TBBD) at its Bengaluru campus, marking the start of one of India’s most anticipated festive shopping moments.
- [Smith & Jones Launches New Campaign with Rasika Dugal Encouraging Consumers to Question their Ginger Garlic Paste](https://konexionetwork.com/finance-economy/smith-jones-launches-new-campaign-with-rasika-dugal-encouraging-consumers-to-question-their-ginger-garlic-paste/): Conceptualised by The Womb, the campaign showcases a simple visual test, helping consumers understand what differentiates good Ginger Garlic Pastes apart
- [The New Indian Festive Experience: Indulgence, Wellness, Movement & Moments of Pause](https://konexionetwork.com/finance-economy/the-new-indian-festive-experience-indulgence-wellness-movement-moments-of-pause/): Festivals in India have traditionally been associated with abundance, grand meals, mithai, family gatherings and back-to-back social commitments. But today, the festive experience is evolving. For the modern Indian consumer, celebration is increasingly about finding a balance between indulgence and wellbeing, socialising and solitude, movement and moments of pause.
- [Acer and Akshay Kumar Deepen Partnership with Acer Fashion Luggage Collaboration](https://konexionetwork.com/finance-economy/acer-and-akshay-kumar-deepen-partnership-with-acer-fashion-luggage-collaboration/): Partnership brings Akshay Kumar closer to the Acer Fashion business, with collaboration extending across the current portfolio and future luggage lines
- [Tata Power partners with Norway’s Ocean Sun to bring innovative membrane-based floating solar technology to India](https://konexionetwork.com/finance-economy/tata-power-partners-with-norways-ocean-sun-to-bring-innovative-membrane-based-floating-solar-technology-to-india/): Bengaluru: Tata Power, one of India’s largest integrated power companies, has partnered with Norway-based renewable energy technology company Ocean Sun to bring its innovative membrane-based floating solar technology to India. The collaboration agreement was signed on the sidelines of the 2nd India–EFTA Prosperity Summit, reinforcing the growing India–Norway and India–EFTA partnership in technology, innovation and clean energy.
- [Rathi Steel And Power Limited Q2 FY27 Revenue at Over ₹200 Cr, Growth of Over 30% YoY; Sales Volume Growth at ~28.86% YoY](https://konexionetwork.com/finance-economy/rathi-steel-and-power-limited-q2-fy27-revenue-at-over-%e2%82%b9200-cr-growth-of-over-30-yoy-sales-volume-growth-at-28-86-yoy/): New Delhi: Rathi Steel and Power Limited (BSE – 504903), one of the leading players in stainless steel long products and TMT bars, witnessed continued operating momentum during Q2 FY27. The Company is set to register revenue of approx. over ₹200 Cr, compared to ₹156.43 Cr in Q2 FY26, representing growth of over 30% YoY. Total sales volumes stood at 32,028 MT, compared to 24,855 MT in Q2 FY26, reflecting growth of approximately 28.86% YoY.
- [Akshayakalpa Organic expands High Protein portfolio with fresh new offerings](https://konexionetwork.com/finance-economy/akshayakalpa-organic-expands-high-protein-portfolio-with-fresh-new-offerings/): From High Protein Curd to High Protein Milk Coffee and Kesar Elaichi flavour, bringing protein to your everyday choices
- [Transrail Lighting Secures New Orders Worth ₹574 Crore](https://konexionetwork.com/finance-economy/transrail-lighting-secures-new-orders-worth-%e2%82%b9574-crore/): Strengthens Domestic T&D order book and reinforces growth momentum with major contribution from HTLS reconductoring jobs.
- [Cautious market tone persists; Earning season to be in focus](https://konexionetwork.com/finance-economy/cautious-market-tone-persists-earning-season-to-be-in-focus/): Indian markets began the session on a subdued note, tracking mixed global cues. The benchmark indices remained hesitant as bulls failed to maintain previous day’s momentum, resulting in a choppy and range-bound trading session. Despite intermittent attempts to recover, the Nifty50 struggled to gain decisive traction and remained largely confined within a narrow range. Nevertheless, the index managed to close above the crucial 22600 mark, ending the session with a modest decline of 0.76 percent.
- [Findability Sciences Launches Lacta Insight™ for Dairy Processors in India](https://konexionetwork.com/finance-economy/findability-sciences-launches-lacta-insight-for-dairy-processors-in-india/): The operational intelligence product within LactaAI™ helps plants detect yield loss, diagnose process deviations and act before losses accumulate
- [Airtel offers Free International Roaming on All Postpaid Plans](https://konexionetwork.com/finance-economy/airtel-offers-free-international-roaming-on-all-postpaid-plans/): Announces launch of New Postpaid plans with added benefits of Free International Roaming, along with Unlimited Data, Fast Lane tech, safety features and entertainment
- [Nine Days, Nine Colours: Style Your Navratri Looks With Candere By Kalyan Jewellers](https://konexionetwork.com/lifestyle-wellness/nine-days-nine-colours-style-your-navratri-looks-with-candere-by-kalyan-jewellers/): Each day of Navratri brings a new colour to wear and another reason to dress up. Jewellery can follow the colour of the day or provide a contrast: diamonds lift a bright festive outfit, while coloured gemstones add interest to a simpler one.
- [JSW Dulux elevates interior aesthetics with new Velvet Touch Eterna campaign; redefines luxury paint category](https://konexionetwork.com/finance-economy/jsw-dulux-elevates-interior-aesthetics-with-new-velvet-touch-eterna-campaign-redefines-luxury-paint-category/): Introduces a twin-film campaign: debuts during India vs. West Indies T20 match on Star Sports HD and JioHotstar
- [Meenakshi (India) Limited Announces Sub-Division of Equity Shares to Enhance Tradability](https://konexionetwork.com/finance-economy/meenakshi-india-limited-announces-sub-division-of-equity-shares-to-enhance-tradability/): Each ₹10 share to become two ₹5 shares; record date set for October 30, 2026
- [Honda Motorcycle & Scooter India Announces Prices of XR300 L & XR300 Rally](https://konexionetwork.com/finance-economy/honda-motorcycle-scooter-india-announces-prices-of-xr300-l-xr300-rally/): Bookings open for both products nationwide
- [Sprite Turns Up the Heat with ‘Sprite Truth & Spice’, Bringing Celebrity, Food and Challenges Together](https://konexionetwork.com/finance-economy/sprite-turns-up-the-heat-with-sprite-truth-spice-bringing-celebrity-food-and-challenges-together/): Marking Sprite’s first foray into the game-show format, the series extends Sprite’s association with spice into a new world of celebrity entertainment and pop culture.
- [MDR cannot be passed on to consumers; retail customers to pay only posted price: Punjab & Sind Bank MD](https://konexionetwork.com/finance-economy/mdr-cannot-be-passed-on-to-consumers-retail-customers-to-pay-only-posted-price-punjab-sind-bank-md/): New Delhi: Merchants accepting payments through UPI cannot pass on Merchant Discount Rate (MDR) charges to customers, as retail consumers will have to pay only the price displayed by the merchant even after October 15, Punjab & Sind Bank MD and CEO Swarup Kumar Saha said.
- [Eveready Diversifies into Mosquito Protection with India’s First Portable Liquid Vaporiser](https://konexionetwork.com/finance-economy/eveready-diversifies-into-mosquito-protection-with-indias-first-portable-liquid-vaporiser/): Introduced with an integrated campaign ‘Unplug and Use Anywhere’, the company takes mosquito protection beyond the plug point
- [byteXL Raises $9 Million Led by Elevar Equity to Expand Industry-Aligned AI and Tech Skilling](https://konexionetwork.com/finance-economy/bytexl-raises-9-million-led-by-elevar-equity-to-expand-industry-aligned-ai-and-tech-skilling/): Mumbai: byteXL has raised USD 9 million in its latest funding round, led by Elevar Equity, with participation from Kalaari Capital and The Michael & Susan Dell Foundation. The investment builds on the existing investors’ earlier funding of the company in July 2024, supporting byteXL’s continued work to strengthen pathways from engineering education to employment and reaffirming their conviction in its vision and demonstrated ability to scale industry-aligned tech and AI skilling across India.
- [The Global Rate-Hike Bug Returns: Why the RBI Swapped Comfort for Caution](https://konexionetwork.com/finance-economy/the-global-rate-hike-bug-returns-why-the-rbi-swapped-comfort-for-caution/): Slug: The Six-Member MPC unanimous decision enable RBI to hike interest rate for the first time in nearly four years. Indicates more to follow.
- [HD Fire Protect Limited IPO to open on Tuesday, October 13, 2026](https://konexionetwork.com/finance-economy/hd-fire-protect-limited-ipo-to-open-on-tuesday-october-13-2026/): Mumbai:  HD Fire Protect Limited (the “Company”) will open the bid/offer in relation to its initial public offering of the equity shares on Tuesday, October 13, 2026. The Bid/Offer will close on Thursday, October 15, 2026.
- [boAt Expands Its Charging Solutions Portfolio with the Apex Powerbank Series](https://konexionetwork.com/finance-economy/boat-expands-its-charging-solutions-portfolio-with-the-apex-powerbank-series/): National: boAt, one of India’s leading consumer lifestyle-tech brands, today announced the launch of the Apex Powerbank Series, strengthening its presence in the charging solutions category as the company continues to expand its consumer-tech portfolio beyond audio.
- [Interio by Godrej Launches Workscapes, a Modular Workplace Solutions Category Designed to Adapt to Evolving Organisational Needs](https://konexionetwork.com/finance-economy/interio-by-godrej-launches-workscapes-a-modular-workplace-solutions-category-designed-to-adapt-to-evolving-organisational-needs/): Workscapes expected to contribute 10% to Interio by Godrej’s B2B and institutional business in FY27
- [Flipkart Big Billion Days 2026: Festive Sale to Start October 9 with 150 Million Products and Record Seller Participation](https://konexionetwork.com/finance-economy/flipkart-big-billion-days-2026-festive-sale-to-start-october-9-with-150-million-products-and-record-seller-participation/): Bengaluru: Flipkart, India's homegrown e-commerce marketplace, today announced The Big Billion Days 2026, returning for its 13th edition on October 9. TBBD will bring together one of India's largest festive selections, record seller participation, AI-powered shopping experiences and Flipkart's most extensive supply chain network to date, spanning Ekart and Flipkart Minutes across more than 8,200 fulfilment and delivery facilities nationwide. Early Access begins October 8 for Plus, BLACK and Flipkart credit card members.

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