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The Chatterjee Group plans to invest ₹10,000 crore in new chemical units at Haldia. Purnendu Chatterjee said, "We can do polycarbonate - no plant in India." These downstream units will help local manufacturing grow. The group also explores setting up data centres and a long-term capital fund for Bengal's future.
Nifty 50 opened at 22,671 on October 15, 2026, and rose to 22,750. The index showed a bullish bias with 27 advances against 23 declines. Tech Mahindra led the gains, while Nifty IT performed well. Experts said the rally in early trade indicates that the bulls are gaining good traction now.
Missing credit card payments for six months leads to a default status. Banks send reminders before they close accounts and report you to credit bureaus. A low score makes it hard to get loans, and banks may even take legal action. Always pay your dues to avoid these serious problems.
CEAT plans to hike tyre prices by 4-6% this quarter to offset rising raw material costs. Managing Director Arnab Banerjee said, "The price increase has been massive, though inadequate." The company saw profits fall to ₹112 crore in the July-September quarter as raw material prices rose by 23-24% since April.
Jio Platforms listed several risks in its red herring prospectus ahead of its IPO. The company said satellite broadband could hurt its fibre services, while rising inflation might squeeze profit margins. It also warned that net neutrality rules and cybersecurity threats could impact future growth and its overall business reputation.
Union Commerce and Industry Minister Piyush Goyal urged Canadian businesses to use India as a manufacturing and innovation base. He said, "Please don't make India just your market. Make it also your manufacturing base, your base for innovation and design." This move helps companies reach global markets more effectively today.
Capri Global Capital shares are in focus today after the NBFC board approved raising Rs 4,000 crore. The company, which has a market cap of Rs 23,837 crore, plans to use various routes for this funding. Managing Director Rajesh Sharma said growth will be led by an expanding gold loan business.
Nomura initiated buy ratings on One97 Communications, Dhoot Transmission, and Bharti Hexacom on Thursday, October 15. The firm said Paytm has gone from stock facing a regulatory shock to one on a structural rebound. These three companies show up to 31% upside potential, as Nomura expects strong growth for them.
Tonbo Imaging India’s IPO opens October 15, 2026, aiming to raise Rs 852.18 crore. The issue has a 71% grey market premium, suggesting strong listing gains. However, the company’s FY26 total income fell 22% and profit fell 30%. Investors can apply for the issue until October 19, 2026, at Rs 700.
Australian employment unexpectedly fell in September, keeping the jobless rate at 4.7%. This soft result showed that the risk of another interest rate hike this year has faded. Sunny Nguyen said, "Firms are cutting shifts and casual hours first while holding onto full-time staff, a pattern typical of an early downturn."
SK Hynix is seeking US approval to export chipmaking equipment to China as a condition for building a new factory in the US. The company wants to install gear at its Dalian site to boost NAND chip production. "The installation of equipment is being carried out in close consultation," said SK Hynix.
As many as 12,700 white-collar technology professionals have returned from the United States to India so far in 2026. Data from staffing firm Xpheno showed these numbers steadily grew from 7,200 in 2023 and 9,800 in 2024. Many experts expect the full-year figure to exceed the 2025 record of 15,100.