Top Business News India 2026 – Franchise, EV, FMCG & Economy Updates

Y Combinator-Backed Firstwork Nets $15 Mn To Expand Footprint Across US And Europe

by Palak Sharma on October 23, 2026 at 11:56 am

US-based HR tech startup Firstwork has raised $15 Mn (over ₹142 Cr) in a Series A funding round led by…

[Update] Tonbo Imaging Shares End Debut Session At 62% Premium To IPO Price

by Shrishti Bisht on October 23, 2026 at 11:43 am

Update | October 23, 2026, 16:40 IST Defence tech company Tonbo Imaging’s shares closed their debut session at ₹1,133.65 on…

The CFO Code: Perfios’ Prashant Mahagaonkar On Balancing Founder Ambition With Financial Discipline

by Anirudh Trivedi on October 23, 2026 at 11:30 am

Getting an acquisition across the finish line can take months of negotiations, due diligence, paperwork and financial scrutiny. But closing…

Ola Electric Slides Over 7% After Bearish Call From Goldman Sachs

by Anne Florentyna on October 23, 2026 at 11:29 am

Update | October 23, 16:55 IST Shares of Ola Electric ended the day 6.39% lower at ₹29.90 apiece on the…

IPO-Bound Garuda Aerospace’s FY26 Profit Jumps 41% To ₹25.9 Cr

by Gaurav Bagur on October 23, 2026 at 11:21 am

Chennai-based dronetech startup Garuda Aerospace reported a net profit of ₹25.9 Cr in FY26, growing 41.1% from ₹18.4 Cr from…

WhatsApp, Telegram SIM-Binding Mandate To Take Effect From January 1: Report

by Shrishti Bisht on October 23, 2026 at 10:45 am

Messaging platforms including WhatsApp and Telegram are reportedly set to implement the Department of Telecommunications’ (DoT) SIM-binding mandate from January…

Vikram Solar Set to Launch Cell Production at 9 GW Tamil Nadu Facility in 2026

by Nitin Konde on October 23, 2026 at 7:51 am

Vikram Solar will commission production at its 9 GW N-type TOPCon solar cell plant in Gangaikondan, Tamil Nadu, in December 2026. The factory is expected to be commissioned in phases and is intended to lessen India’s reliance on imported solar cells.

OpenAI Reduces Valuation Target to $1.25 Trillion Amid $150 Billion Cut

by Nitin Konde on October 23, 2026 at 7:06 am

OpenAI is apparently planning to raise about $30 billion from investors and has dropped its valuation aim by $150 billion to $1.25 trillion. The increased valuation comes as the growing scrutiny over AI spending, infrastructure expenses and long-term profitability.

Barclays to Slash 5,000 Jobs in AI Push Despite 12% Rise in Q3 Profit

by Nitin Konde on October 23, 2026 at 6:31 am

Barclays is planning to shed 5,000 positions, or 5% of its staff, in an AI-driven cost-cutting move. The UK bank wants to use technology and automation to save fixed expenses and over 60 per cent of the employment being cut are support activities.

Top Virtual Diwali Celebration Ideas for Employees: Bringing Diwali Online

by Rishi Mundra on October 23, 2026 at 5:12 am

Looking for virtual Diwali celebration ideas for employees? Explore fun online games, virtual parties, gifting ideas, contests, performances, awards, and activities for remote and hybrid teams.

919% Growth, Rs 4,500 Crore Market: Why StudioBackdrops Is Betting on Infrastructure

by Shubham Kumar on October 22, 2026 at 5:34 pm

India’s creator economy is no longer a side hustle, it’s a whole new industry with its own hiring pipelines, job titles, and increasingly, its own supply chains. Job postings for content-creation roles in India spanning influencers, video producers, and social-media marketers, grew 919% between

Pepsi renews Taco Bell partnership days after KFC switches to Coca-Cola in US: How the two have been linked for decades?

on October 23, 2026 at 12:29 pm

The development comes at a difficult time for PepsiCo, which has been trying to improve the performance of its salty snacks business. The company has also faced weakness in its North American soft drinks division.

Musk invests $1 bn in David Ellison's Skydance; here's how his father, Oracle co-founder Larry Ellison, figures in deal

on October 23, 2026 at 11:50 am

Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report.

BlueStone tweaks product mix, store model as gold prices reshape demand

on October 23, 2026 at 11:27 am

Rising gold prices push the omnichannel jewellery retailer to rethink entry-level offerings and test new retail formats, as 44% top-line growth is offset by margin pressure and a lower average basket size.

Infosys beats Q2 estimates, lowers annual revenue forecast

on October 23, 2026 at 11:20 am

Infosys revised its revenue growth forecast for the fiscal year ending March 2027 to 1%-2% from its earlier estimate of up 1.5%-3%.

Tata Motors posts Q2 profit on strong commercial vehicle demand

on October 23, 2026 at 11:16 am

The automaker reported a profit of 2,138 crore rupees ($225.19 million) for the July to September quarter, compared with a loss of 1,021 crore rupees a year earlier. The profit included a one-time gain of 218 crore rupees.

Updated Bajaj Pulsar NS200 launched at Rs 1.60 lakh

by Autocar India on October 23, 2026 at 11:29 am

Bajaj has launched the updated Pulsar NS200 at Rs 1.60 lakh (ex-showroom, Delhi), bringing a significant addition of electronics and rider aids. The updated model costs Rs 11,000 more than the USD fork variant (Rs 1.49 lakh).Gets a quickshifter, ride-by-wire, ride modes and traction controlHas a new 5-inch TFT display, adjustable levers and USB Type-C chargingNow gets a new, thicker 37mm USD fork […]

Ultraviolette to launch four new products by end of next year

by Autocar India on October 23, 2026 at 9:23 am

Bengaluru-based electric two-wheeler manufacturer Ultraviolette Automotive plans to introduce four products based on its newly developed VX-100 platform over the next 12 months, as it expands its portfolio beyond premium electric motorcycles into scooters and more affordable motorcycle segments. The new platform, based on a 100V architecture, made its production debut with the X-47 Venom, […]

Ducati Formula 73 launched at Rs 20 lakh

by Autocar India on October 23, 2026 at 7:33 am

Ducati has launched the Formula 73 in India at Rs 20 lakh (ex-showroom). The cafe racer-styled motorcycle was first revealed earlier this year as a limited-edition model that pays homage to one of the most iconic motorcycles in the Italian manufacturer’s history – the legendary 750 Super Sport Desmo from 1973. A total of 873 units were made available globally, and every unit allocated for […]

MoRTH proposes mandatory emergency braking for all cars from October 2032

by Autocar India on October 23, 2026 at 6:45 am

The Ministry of Road Transport and Highways (MoRTH) has proposed making Advanced Emergency Braking Systems (AEBS) mandatory for all M1 category vehicles from October 1, 2032. This category covers passenger vehicles with up to eight seats besides the driver. According to the draft notification, the requirement will apply to all new models manufactured from October 1, 2030, before being extended to […]

Ultraviolette X-47 Venom launched from Rs 2.65 lakh

by Autocar India on October 22, 2026 at 12:23 pm

Bengaluru-based Ultraviolette Automotive has revealed the brand-new VX-100 platform that will underpin all its future vehicles. The company has also launched the very first motorcycle on this platform, the X-47 Venom, at an introductory price of Rs 2.65 lakh for the entry-level variant with the 7.5kWh battery. The top variant with an 11kWh battery in the new Afterburner Yellow colour costs Rs […]