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BusinessPhoto: ET MarketsAvenue Supermarts, operator of DMart, reported an 8.5% year-on-year increase in consolidated net profit to Rs 743 crore for Q2FY27. Revenue rose 17.8% to Rs 19,644 crore. Despite growth, EBITDA and profit after tax margins declined due to entry-level wage inflation. The company opened 15 new stores this quarter, totaling 518 stores.
ET Markets·
PoliticsPhoto: Deccan HeraldFour former Chief Ministers—Mamata Banerjee, Arvind Kejriwal, Pinarayi Vijayan, and Manik Sarkar—were detained during protests in Delhi demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged vote rigging. Several MPs and former ministers were also detained. Protests occurred at multiple locations including Jantar Mantar and South Avenue. Mamata Banerjee and others were taken away in a prison van, sparking further outrage.
Deccan Herald··Delhi
HealthPhoto: Hindustan TimesKarnataka Health Minister U T Khader announced that the National Pharmaceutical Pricing Authority (NPPA) has directed the Union Health Ministry to submit a list of cancer medicines with their profit margins capped at 30 percent by October 14. This move aims to increase pricing transparency and protect patients from excessive drug costs, marking a significant step in addressing treatment affordability.
Hindustan Times··Bengaluru
PoliticsPhoto: News18Uttar Pradesh Chief Minister Yogi Adityanath challenged Samajwadi Party chief Akhilesh Yadav to contest elections from Ayodhya, inviting him to file his nomination from the same constituency for a direct face-off. Yogi emphasized Ayodhya as a sacred place of faith, not just a political battleground, and criticized Akhilesh for bowing to mafias and losing public support previously.
News18··Ayodhya
PoliticsPhoto: Amar UjalaAkhilesh Yadav, SP national president and former CM, challenged CM Yogi Adityanath during a rally in Ayodhya, claiming BJP is struggling to find a candidate there. He urged Yogi to contest from Ayodhya himself, calling it political advice rather than a challenge. Akhilesh criticized BJP for alleged discrimination against Ayodhya residents and called for fair treatment.
Amar Ujala··Ayodhya
EntertainmentPhoto: News18Hi EntertainmentVeteran filmmaker Subhash Ghai expressed his confidence in the mega-budget film 'Ramayan' directed by Nitesh Tiwari. Speaking at an event, he said that while technology changes filmmaking methods, the true strength of any film lies in its strong story and emotions. Ghai praised director Nitesh Tiwari, stating the film is in safe hands.
News18Hi Entertainment·
ET Markets·
Photo: ET MarketsAvenue Supermarts, operator of DMart, reported an 8.5% year-on-year increase in consolidated net profit to Rs 743 crore for Q2FY27. Revenue rose 17.8% to Rs 19,644 crore. Despite growth, EBITDA and profit after tax margins declined due to entry-level wage inflation. The company opened 15 new stores this quarter, totaling 518 stores.
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