News

Mahindra & Mahindra (M&M) has denied reports suggesting a demerger of its automotive and tractor divisions. In a statement to stock exchanges, the company said there are “no plans for a demerger of the Auto and Tractor businesses”, adding that it sees greater value in keeping the businesses together.

The clarification follows a report claiming the Mahindra Group was considering separating its tractors, passenger vehicles, and truck units into independent entities.

Know More Here

UK Govt announces new £350 million (₹4,154 cr) Defence deal with India

CAMS’ payment aggregator arm, CAMSPAY, has launched UPI Offline Plus, a solution designed to enable offline UPI payments, expanding digital payment options for merchants and consumers.

CAMS says UPI Offline Plus offers a comprehensive set of tools to simplify and speed up payment acceptance for merchants.

JM Financial On TCS Expectations

MRF Ltd has entered into a power supply and consumption agreement with Serentica Renewables India.

Uno Minda Ltd slipped in trade on Thursday, falling over 4%

Panacea Biotec Ltd has received a government order worth ₹127.20 crore from the Central Medical Services Society (CMSS) under the Ministry of Health and Family Welfare.

The order is for the supply of bivalent oral polio vaccine (bOPV) and will be delivered in multiple tranches over 90 to 480 days from the Letter of Acceptance (LOA) issued on October 8.

CMSS, an autonomous body under the Ministry, manages drug procurement and distribution for government health programs, including polio initiatives, helping India maintain its polio-free status certified by the WHO in 2014.

Learn More HereLG Electronics India’s IPO has emerged as the second-most subscribed large Indian IPO as bidding continues on the final day of its three-day offering.The ₹11,607 crore IPO, the third-biggest of 2025 after HDB Financial and Tata Capital, saw strong investor interest, with full subscription achieved on the first day and further oversubscription on the second day.Large IPOs are defined as those worth ₹10,000 crore or more, and LG Electronics India’s strong response highlights robust market demand.

Click here for more detailsAmisha Vora, Chairperson & MD of PL Capital, highlighted key investment opportunities across sectors.Somil Mehta of Mirae Asset Sharekhan recommends the following trades:

Reliance Cons Pdts To CNBC-TV18

KPI Green Energy Ltd.’s subsidiary has received a Letter of Award (LoA) for a 100 MW solar power project.

Reliance Cons Pdts To CNBC-TV18

M&M clarifies to ET’s report, says no plan for a demerger of Auto & Tractor businesses.

Sterlite Technologies signs MoU with QuNu Labs to strengthen R&D capabilities in quantum communications over optical fibre

All trustees of TataTrusts have had time to reflect on the events of the past few days, confident that the deliberations of the last few days will lead to a harmonious working relationship.

Pieter Elbers, IndiGo To CNBC-TV18

The Nifty Midcap 100 index is trading with gains of over 400 points.

At the Global Fintech Festival (GFF) 2025, the Reserve Bank of India (RBI) presented a number of new UPI-focused projects that are intended to make digital payments easier, faster, and more intelligent for regular consumers.

The new products, which provide useful solutions for payments, credit management, and smooth transactions, include AI-based UPI HELP, IoT Payments with UPI, Banking Connect, and UPI Reserve Pay.

JPMorgan On The Upgrade

According to KV Kamath, Chairman of Jio Financial Services, the Reserve Bank of India’s (RBI) regulatory framework has continuously changed to reflect the shifting economic landscape, opening up new options for banks.

“In my 55 years in business, I have not seen the RBI take its eye off the ball. Every five years, I have seen an evolution in how they look at what they need to do in the context of the economy,” he said.

Gallant Ispat | To Set Up Solar Power Plant With An Annual Capacity Of 62.5-80 MW

Vascon Engineering Ltd. has received a Letter of Intent (LoI) for a redevelopment project worth ₹162 crore in Mahalaxmi, Mumbai.

Panacea Biotec Ltd. has won a government order worth ₹127.2 crore from the Central Medical Services Society (CMSS).

The US Food and Drug Administration (FDA) has issued a 14-page Form 483 highlighting six serious observations at Hetero’s API Unit 9 in Narasapuram Village, Andhra Pradesh.

The inspection took place between September 19–26, 2025, raising compliance concerns for the company’s manufacturing operations.

The Nifty IT surged by over 1%, and these are the top three IT stocks.

Laurus Labs, Divi’s, Aurobindo in focus after Hetero FDA observations

The Nifty IT has surged monumentally, with a major 400 rise.

All members of the Tata Trusts are confident that the recent deliberations will lead to a resolution of the difference, sources close to the group told CNBC-TV18.

CNBC-TV18 Access  NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.