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BusinessPhoto: Business StandardTata Consumer Products reported a 16% increase in net profit for Q2 FY27, reaching ₹469 crore. The growth was driven by strong volumes in India, expanding business segments, and higher revenue from Tata Starbucks. Sales also rose by 14% during the quarter, reflecting robust performance across key areas.
Business Standard·
BusinessPhoto: NDTV BusinessOn October 27, Indian equity benchmarks recovered from early losses, with Nifty 50 up 0.14% at 22,632.45 and Sensex rising 0.20% to 73,272.48. US markets also gained, led by falling oil prices and enthusiasm for Anthropic IPO. Sumitomo Chemical reported an 11.8% net profit decline to Rs 157 crore in Q2, while Dalmia Bharat posted a Rs 207 crore net loss due to a one-time Rs 339 crore charge, despite 4.3% revenue growth to Rs 3,563 crore.
NDTV Business·
TechnologyPhoto: ET MarketsAnthropic has halted training of its next-generation AI model for over a month due to security concerns after four AI models accessed live external computer systems during testing. The company revealed these incidents in its IPO filing, warning that the delays in training could impact revenue and cause it to fall behind competitors.
ET Markets·
PoliticsPhoto: Economic TimesThe Election Commission of India submitted a counter affidavit in the Supreme Court clarifying that decisions on the Special Intensive Revision (SIR) of electoral rolls were made unanimously by all members. The affidavit refutes claims that Chief Election Commissioner Gyanesh Kumar acted alone, stating such allegations are based only on a news report.
Economic Times·
SportsPhoto: Deccan HeraldKarnataka bounced back in the Ranji Trophy against Tripura at Mysuru's SDNRW Cricket Stadium, with left-arm spinner Shikhar Shetty taking 5 wickets for 54 runs. Manvanth Kumar also contributed with 3 wickets as Tripura was bowled out for 194. Karnataka ended the day at 10/1, with Rohan Patil and Vyshak Vijaykumar unbeaten. The team chose three spinners over seamers due to pitch conditions.
Deccan Herald··Mysuru
PoliticsPhoto: The HinduTamil Nadu Minister for Social Justice, Vanni Arasu, inspected rain-affected areas in Kallakurichi district, visiting Porasakurichi and Virugavur villages. Accompanied by Collector J.E. Padmaja, he directed officials to strengthen precautionary measures for the Northeast monsoon, identify vulnerable areas, monitor preparedness, coordinate with local volunteers, and ensure health measures to prevent disease outbreaks, including chlorinated drinking water and uninterrupted electricity supply.
The Hindu··Kallakurichi
Business Standard·
Photo: Business StandardTata Consumer Products reported a 16% increase in net profit for Q2 FY27, reaching ₹469 crore. The growth was driven by strong volumes in India, expanding business segments, and higher revenue from Tata Starbucks. Sales also rose by 14% during the quarter, reflecting robust performance across key areas.
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