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BusinessPhoto: News18 Business

IT Stocks Rally on Strong Q2 Results and AI Demand

Indian IT stocks continued their rally on October 16, driven by strong quarterly results and growing demand for AI-led services. The Nifty IT index surged 3.39% to 31,761.35, leading the domestic market recovery. Tech Mahindra gained 7.24%, Infosys rose 4.87%, and TCS advanced 3.58%. Positive earnings from TCS and HCLTech boosted investor sentiment amid concerns about client spending and technology budgets.

News18 Business·

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WorldPhoto: News18 Hindi

Significance of Sandhi Puja in Durga Puja 2026 and Its Rituals

Sandhi Puja during Durga Puja symbolizes power, courage, and the victory of good over evil. It is performed at the junction of Ashtami and Navami tithis, starting at 10:27. This ritual represents the fierce form of Goddess Durga and conveys messages of inner strength, devotion, and positive energy. The tradition of sacrifice during the puja holds special significance.

News18 Hindi·

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TechnologyPhoto: HT Business

Tesla's Flying Roadster Shows Hover and Upside-Down Driving

Tesla revealed a second-generation Roadster with a SpaceX Option Package featuring rocket thrusters for enhanced acceleration and cornering. Elon Musk hinted at a hover-capable prototype for 2025. The Roadster can briefly hover, drive upside down, and accelerate 0-60 km/h in 1 second. Pre-bookings in India start at ₹45,05,000 for the Performance package, with higher variants priced up to ₹2.45 crore.

HT Business·

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PoliticsPhoto: Business Standard

PM Modi and Canadian FM Discuss Concluding CEPA by Year-End

Prime Minister Narendra Modi and Canadian Foreign Minister Anita Anand met in New Delhi to discuss concluding the Comprehensive Economic Partnership Agreement (CEPA) by the end of this year. They explored ways to strengthen bilateral trade and cooperation in sectors like trade, investment, energy, education, culture, technology, and security. The meeting also highlighted the Team Canada Trade Mission to India led by Canadian Trade Minister Maninder Sidhu.

Business Standard··New Delhi

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BusinessPhoto: NDTV

Ray-Ban Family Drama Reveals Billionaire Conflicts

EssilorLuxottica, founded by Leonardo who was raised in an orphanage due to his mother's financial struggles, grew into the world's largest eyewear group. The company, a legend in Italian capitalism, now faces intense family drama involving its billionaire owners, marking a new low in their internal conflicts.

NDTV·

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EntertainmentPhoto: News18Hi Entertainment

Emotional Song from DDLJ Became Part of Karan Johar's Blockbuster

Karan Johar's debut film 'Kuch Kuch Hota Hai' showcased a timeless story of friendship and love, featuring iconic performances by Shah Rukh Khan, Kajol, and Rani Mukerji. One of its songs, known for its soulful melody and poignant lyrics, was initially considered for another major film before being included in Johar's movie. The original Punjabi version of this song moved renowned lyricist Anand Bakshi to tears.

News18Hi Entertainment·

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