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Ferruccio Lamborghini, once a tractor manufacturer, transformed rivalry into revolution. After mastering engines as a wartime mechanic, he built Lamborghini Trattori into an industrial success. But when Enzo Ferrari mocked his complaints about a faulty car, Lamborghini’s pride turned to purpose, leading to the creation of the 350 GT and the birth of the Lamborghini supercar legacy.
short by / 08:06 pm on 26 Oct
Netflix India records 63% jump in net profit to ₹85 crore
short by Ishita Ranganath / on 26 Oct 2025,Sunday
Netflix's Indian arm reported 63% increase in net profit with ₹85 crore in FY25, up from ₹52 crore in the previous fiscal year, said Ministry of Corporate Affairs' data. The revenue from operations saw a jump of 32%, rising to ₹3,769 crore. It's total income for FY25 stood at ₹3,842 crore, including other income of ₹73 crore.
short by Ishita Ranganath / 04:41 pm on 26 Oct
IRCON International Ltd, in a Joint Venture (JV) with Finolex J-Power Systems Ltd, secured a turnkey contract from MSETCL worth ₹168.4 crore on Friday. The project involves constructing 220 kV D/C line from Koradi-II to Mankapur Substation in Nagpur Zone. IRCON holds 51% stake and Finolex holds 49%. The contract is to be executed in 18 months, excluding monsoon season.
short by / 01:58 pm on 26 Oct
SK Minerals and Additives Limited received a major order from BPCL on October 24, 2025, for supplying technical grade urea. The order value is ₹56.71 crore (exclusive of taxes) and will be executed over one year across Tondiarpet, Loni, Hazira, and Budge Budge. The company listed on BSE SME on October 17, raising ₹41.15 crore.
short by / 01:51 pm on 26 Oct
What is the 20/4/10 rule for buying a car?
short by Anmol Sharma / on 26 Oct 2025,Sunday
The 20/4/10 car purchase rule of thumb comprises three components: down payment, loan repayment tenure and monthly expenses. As per the rule, 20% of car's purchase price should be done via down payment. One shouldn't take loan for tenure of more than four years for repayment. Further, one should ensure monthly car expenses (EMI, insurance) don't exceed 10% of income.
short by Anmol Sharma / 03:40 pm on 26 Oct
On October 24, 2025, Starworth Infrastructure & Construction, Puravankara’s wholly owned subsidiary, received a Letter of Award from M/s SBR Builders. The order, worth ₹211.53 crore, covers core and shell with finishes works for the residential project 'SBR Global Queen’s Ville'. The order is domestic, independent, and will be executed per the Letter of Award timelines.
short by / 01:53 pm on 26 Oct
What's EDLI Scheme that provides insurance cover of up to ₹7 lakh?
short by Dharini Mudgal / on 26 Oct 2025,Sunday
Employees' Deposit Linked Insurance Scheme (EDLI) was launched by EPFO to provide life insurance benefits to EPF members. In case of death during service, the nominee receives a minimum of ₹2.5 lakh and up to ₹7 lakh, based on the employee’s salary and EPF balance. "Claims are processed...within 20 days, ensuring quick financial support to...family," EPFO wrote on its website.
short by Dharini Mudgal / 03:25 pm on 26 Oct
India's foreign exchange reserves rose by $4.5 billion to $702.28 billion for the week ending October 17, nearing the all-time high of $704.89 billion. The jump was mainly due to a rise in gold reserves, which climbed by $6.18 billion. The RBI said the reserves can cover over 11 months of imports, reflecting strong external stability.
short by / 04:21 pm on 26 Oct
How to save ₹25 lakh in 5 years?
short by Arshiya Chopra / on 27 Oct 2025,Monday
To save ₹25 lakh in five years, NDTV Profit suggested investing in mutual funds. Assuming an average return of 12% per year, a monthly SIP of ₹30,400 in debt mutual funds can help accumulate a corpus of around ₹25 lakh in five years. One can also diversify portfolio through a mix of schemes like equity funds, hybrid funds among others.
short by Arshiya Chopra / 07:00 am on 27 Oct
Reliance to invest around $15 billion in AI infrastructure: Report
short by Ishita Ranganath / on 26 Oct 2025,Sunday
Reliance Industries may invest between $12-15 billion in AI infrastructure over next few years, likely including major 1GW data centre, according to report by Morgan Stanley. The company plans to fund about 25% of its capacity, with nearly $7 billion for data centre infrastructure and $5 billion for deploying chips directly. The data centre's first phase is underway in Gujarat.
short by Ishita Ranganath / 06:44 pm on 26 Oct
Shivakumar meets Mazumdar-Shaw, Mohandas Pai amid B'luru infra row
short by Dharini Mudgal / on 26 Oct 2025,Sunday
Karnataka Deputy CM DK Shivakumar on Saturday held a dinner meeting in Bengaluru with Biocon chief Kiran Mazumdar-Shaw and former Infosys CFO TV Mohandas Pai. The meeting came after both Pai and Mazumdar-Shaw had publicly voiced concerns over the city's infrastructure. "Shivakumar's approach to meeting citizens, understanding their issues...reflects true political leadership," Pai said.
short by Dharini Mudgal / 02:57 pm on 26 Oct
Pakistan's public debt rises
short by Arshiya Chopra / on 26 Oct 2025,Sunday
Pakistan's total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, which is almost 13% higher than the previous year, according to the official data. It showed that in the Debt-to-GDP ratio, the public debt increased to around 70% in June 2025, as compared to 68% in June 2024.
short by Arshiya Chopra / 10:22 pm on 26 Oct
Govt never interferes in LIC's investment decisions: Ex-LIC chair
short by Ishita Ranganath / on 26 Oct 2025,Sunday
LIC's former chairman Siddhartha Mohanty took to X to criticise the Washington Post's allegations that claimed Indian government's proposal to channel ₹32,000 crore from LIC to Adani-owned firms. He said, "No such plan as alleged in article has even been prepared by LIC." He added, "Department of Financial Services or any [government] body doesn't have any role in such decisions."
short by Ishita Ranganath / 09:39 pm on 26 Oct
The picture of an entry in an Air India cabin defect log has gone viral after it showed that a cockroach was found on seat 17G of a Delhi-Dubai flight. The logbook showed "cockroach hanged until death" written under the 'details of rectification' section. Another entry showed 90% of plane's in-flight entertainment was inoperable, which began functioning after being reset.
short by Ashley Paul / 05:05 pm on 26 Oct
Recent Adani investments led by US insurers, not LIC: Report
short by Bhawana Chaudhary / on 26 Oct 2025,Sunday
US insurers, and not LIC, led recent investments in Adani firms, reported PTI. A month after LIC's ₹5,000-crore investment in Adani Ports, US-based Athene Insurance led a ₹6,650-crore debt investment in Adani's Mumbai International Airport in June, joined by other international insurance firms, the report added. This comes after Washington Post claimed Centre "forced" LIC to invest in Adani Group.
short by Bhawana Chaudhary / 05:21 pm on 26 Oct
Vedanta Resources raises $500 mn via bond issuance
short by Dharini Mudgal / on 26 Oct 2025,Sunday
Vedanta Resources Ltd has raised 500 million dollars through bonds in October and will use the proceeds to repay near-term obligations. The company stated that, "the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits". "The Group now has no material maturities until FY27," it said.
short by Dharini Mudgal / 04:23 pm on 26 Oct
Washington Post's narrative misleading: Ex-LIC chair on Adani row
short by Ishita Ranganath / on 26 Oct 2025,Sunday
Siddhartha Mohanty, Former LIC chairman slammed Washington Post over allegations with regards to LIC's government-led investment in Adani Group. Mohanty said, "Some misleading narrative is created by Washington Post." He added, "From my experience as ex-Chairman and CEO&MD, I affirm that government never interferes directly or indirectly in any investment decision of LIC."
short by Ishita Ranganath / 05:19 pm on 26 Oct
Five new IPOs to open for subscription this week
short by Neeraja Nath / on 26 Oct 2025,Sunday
Orkla India, owner of MTR Foods and Eastern Condiments, will raise ₹1,667.5 crore during October 29-31, targeting a ₹10,000 crore valuation. Helmet maker Studds Accessories' IPO of 77.86 lakh shares will open from October 30-November 3, while Lenskart's IPO is from October 31-November 4. Jayesh Logistics and Game Changers Texfab IPOs will open from October 27-29 and October 28-30, respectively.
short by Neeraja Nath / 11:03 pm on 26 Oct
Govt issues clarification on ₹25 lakh limit in gratuity rules 2025
short by Neeraja Nath / on 26 Oct 2025,Sunday
Department of Pension and Pensioners' Welfare (DoPPW) clarified gratuity payment rules for 2025, stating that the ₹25 lakh maximum limit applies only to central government civil servants covered by the CCS (Pension) Rules 2021 or CCS (Payment of Gratuity under NPS) Rules 2021. The limit will not apply to employees of PSUs, banks, RBI, autonomous institutions, universities, or state governments.
short by Neeraja Nath / 06:28 pm on 26 Oct
Ola Electric's board has approved raising up to ₹1,500 crore through equity shares and convertible securities. The funds may be raised via public offer, rights issue, QIP, private placement, or other permitted modes. The move aims to strengthen the company's financial position, expand operations, and enhance research and development amid market challenges.
short by / 09:07 pm on 26 Oct
What is 'ghost tapping' scam, targeting contactless payments?
short by Neeraja Nath / on 26 Oct 2025,Sunday
"Ghost tapping" is a new scam targeting contactless payment methods, including tap-to-pay cards and mobile wallets. According to the Better Business Bureau (BBB), scammers may pose as vendors at events and ask for tap payments, or request small donations but charge the card for much larger amounts. They may also make small withdrawals to avoid triggering fraud detection systems.
short by Neeraja Nath / 08:11 pm on 26 Oct
Ferrari to launch digital token for Le Mans-winning car auction
short by Ishita Ranganath / on 26 Oct 2025,Sunday
Ferrari will be launching a new digital token for its top clients, allowing them to bid on the Le Mans-winning 499P. As part of a limited auction set to launch in 2027, Ferrari is working with Italian fintech Conio. The 'Token Ferrari 499P' will be exclusive to the 100-member Hyperclub to trade and bid on the racing model amongst themselves.
short by Ishita Ranganath / 06:59 pm on 26 Oct
Centre likely to raise print media advertisement rates by 26%
short by Bhawana Chaudhary / on 26 Oct 2025,Sunday
The government is likely to increase print media advertisement rates by 26% once the Model Code of Conduct for the Bihar Assembly elections is lifted next month, reported The Indian Express. The rates were last revised in 2019, when a 25% hike was implemented. The government is also working on TRP rating agency guidelines for television channels, the report added.
short by Bhawana Chaudhary / 03:26 pm on 26 Oct
RIL, TCS lead ₹1.5 lakh cr m-cap surge of top 10 most-valued firms
short by Bhawana Chaudhary / on 26 Oct 2025,Sunday
The combined market valuation of seven of the top-10 most valued firms jumped by ₹1.55 lakh crore in the holiday-shortened last week, with Reliance Industries Limited (RIL) and Tata Consultancy Services emerging as the biggest gainers. HDFC Bank, ICICI Bank, and Hindustan Unilever saw a decline in their valuations. RIL added ₹46,687.03 crore, taking its market valuation to ₹19,64,170.74 crore.
short by Bhawana Chaudhary / 04:23 pm on 26 Oct
Lenskart to launch IPO on Oct 31, plans ₹2,150 crore fresh issue
short by Neeraja Nath / on 26 Oct 2025,Sunday
Eyewear retailer Lenskart Solutions Limited filed its final Red Herring Prospectus (RHP) with SEBI ahead of its IPO launch. The company will raise ₹2,150 crore through fresh issue of share and conduct offer for sale (OFS) of up to 12.76 crore shares by existing investors. Anchor investor round opens on October 30, followed by public offer from October 31-November 4.
short by Neeraja Nath / 03:56 pm on 26 Oct
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