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BusinessPhoto: ET MarketsJapan’s Nikkei 225 index dropped 2% due to US tech stock losses and rising oil prices, which increased fears of inflation and higher interest rates. Semiconductor stocks led the decline, while defensive and value shares provided some support. Bank of Japan Governor Kazuo Ueda noted inflation is near the 2% target, keeping monetary policy expectations under scrutiny.
ET Markets·
BusinessPhoto: NDTV BusinessLloyds Engineering aims to exceed Rs 10,000 crore in annual revenue by FY30, supported by acquisitions, defence partnerships, and an order backlog of up to Rs 9,500 crore. Key challenges include successful integration, margin expansion, and reducing reliance on group orders to sustain growth.
NDTV Business·
PoliticsPhoto: Mint CompaniesThe Delhi High Court imposed a fine of Re 1 on Niva Bupa Health Insurance for misusing its Intellectual Property Division by suing influencer Vishal Rattewal. The court ruled that criticizing a company and naming it does not infringe trademark rights, especially when the critic is not in the same business. Niva Bupa had sought ₹5 crore damages and content removal after a consumer complaint dispute.
Mint Companies··Delhi
BusinessPhoto: News18 BusinessJio Platforms' mega IPO will open for subscription on October 20, with a price band of ₹1,065 to ₹1,119 per share. The company aims to raise ₹30,200 crore through this issue. Strong pre-listing interest has been noted, with brokerages actively analyzing the IPO ahead of its closing date on October 23.
News18 Business·
SciencePhoto: News18A male orangutan rescued from illegal wildlife trade in Maharashtra's Thane district was repatriated to Indonesia, marking the first such return from India. Housed at Greens Zoological Rescue and Rehabilitation Centre since March 2025, the orangutan was flown from Ahmedabad to Jakarta under supervision by Indian and Indonesian officials. It will enter quarantine before likely transfer to a rehabilitation centre.
News18··Thane
BusinessPhoto: Mercom IndiaChambal Fertilisers and Chemicals will procure renewable energy from Clean Max’s 5 MW captive wind-solar hybrid project located in Rajasthan. Chambal Fertilisers operates three urea plants in Gadepan, Kota, Rajasthan, and this move supports their commitment to sustainable energy use in fertilizer production.
Mercom India··Kota
ET Markets·
Photo: ET MarketsJapan’s Nikkei 225 index dropped 2% due to US tech stock losses and rising oil prices, which increased fears of inflation and higher interest rates. Semiconductor stocks led the decline, while defensive and value shares provided some support. Bank of Japan Governor Kazuo Ueda noted inflation is near the 2% target, keeping monetary policy expectations under scrutiny.
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