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Ola, Uber, and Rapido have received provisional licences to operate bike taxi services in Mumbai, with the State Transport Authority setting a minimum fare of ₹15 for 1.5 km. here

Life insurance companies are in focus after sources say life insurers estimate a ₹10,000 crore hit to the industry due to GST changes.

CNBC-TV18 Exclusive: Sources Say

Mother Dairy has cut prices of select dairy and processed food products from September 16, following the recent GST rate reductions. here

From September 22, medicines will attract lower GST, and while stocks won’t need to be recalled or re-labelled, manufacturers must update MRPs through revised price lists as directed by NPPA. here

Union Minister Hardeep Singh Puri said at KPMG ENRich 2025 that India is on track to expand green energy and industrial capacity, with 2,200 global capability centres expected by 2030, creating 2.8 million jobs and generating over $100 million in revenue. here

From September 22, services like salons, gyms, spas, and yoga classes will attract a mandatory 5% GST without input tax credit, as per CBIC, replacing the earlier option of 18% with ITC. here

The shares of PVR Inox rose significantly On Tuesday

Tata Motors shares fell up to 2% on September 16 after Jaguar Land Rover extended its production halt until September 24 following a cybersecurity breach. here

Up over 18%.

In a social media post on X, Nithin Kamath, the CEO and co-founder of Zerodha, stated that he is “as clueless as everybody else” about the future of weekly options.

However, he also stated that he “would not be surprised if they were banned completely” or placed under a product suitability framework that would make it more difficult for people to trade F&O.

On Tuesday, September 16, shares of omni-channel retailer Vaibhav Global Ltd. surged up to 9%, continuing their winning run to five of the previous seven sessions.

The stock is up 25% so far in September, its best monthly performance of 2025, after rising 18% over the previous seven trading days.

Do you intend to schedule a yoga class, gym session, or salon appointment after September 22? Since the Central Board of Indirect Taxes and Customs (CBIC) has defined the new GST rates for services related to physical well-being and beauty, your bill will appear differently.

According to CBIC’s most recent explanation, services including salons, gyms, spas, and yoga classes will be subject to a 5% GST without input tax credit (ITC). There will be no more opportunity to charge 18% GST with ITC as there was previously.

Satish Gidugu, Medi Assist On CNBC-TV18

Srinivas Phatak has been appointed as the new Chief Financial Officer (CFO) of FMCG giant Unilever, with immediate effect. Phatak is now Unilever’s first Indian CFO.

From 2017 till the middle of 2021, he also held the position of CFO for Hindustan Unilever.

Christopher Wood, Jefferies, Says 

Christopher Wood, Jefferies, Says 

Christopher Wood, Jefferies On Indian Markets 

Cyient Semiconductors & Anora Partner to expand turnkey test & validation solutions

Market extends gains, Nifty rises above 25,200 intra-day for the first time since July 24, 2025.

Mother Dairy announces passing on of GST cut benefits to consumers

Vedanta shares jump 1.5%, along with Hindustan Copper

Ola Electric rolls out one millionth vehicle from its Future factory in Krishnagiri, Tamil Nadu.

The shares of this Vedanta group owned company also surged today

The shares of one of the largest telecom players is inching towards the ₹2,000 mark.

Devang Mehta, Deputy MD & CIO-Equities NDPMS, Spark Capital Private Wealth shares his views on stock market.

On market

We might look a little expensive, but on a lower base effect, at least from the third quarter of this financial year, we might see earnings coming in with better optimism, and probably also upgrades on the way. It’s too soon to talk about upgrades, but I think a lot of pessimism has also been factored in. With festive season demand coming in, probably this quarter also would not be that sort of momentum-led. But October-November-December is a quarter where Dussehra as well as Diwali fall, so there is clearly a festive demand. A lot of these consumption-related names, probably more of the discretionary and luxury consumption names, autos, and hotels, would do well. With that, also a lot of capex-related themes, as well as a lot of financials and credit growth-related themes, should start doing well. Probably, from hereon, the risk-reward looks very attractive as global markets are turning expensive. I was also doing the comparison where MSCI India is up by just 1% and MSCI Asia ex-Japan is up by 21% for this calendar year. So I think there’s a lot of money that could flow towards India. Probably couldn’t time it to perfection, but in the next three to six months, we can see a bit of FII flows also starting.

The shares of Gujarat Gas surged by over 2%

Gujarat Gas, Bharti Airtel, Hindustan Copper, and Vedanta shares gained between 1.5% and 4.3%, with Hindustan Copper leading the rise.

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