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Indian stock markets snapped an eight-week losing streak as benchmarks recovered on Friday, October 9. The Sensex gained 562.63 points, while the Nifty 50 advanced 98.5 points. Ajit Mishra said, "Markets snapped an eight-week losing streak, posting modest weekly gains as easing crude oil prices and positive corporate updates supported a recovery."
David Zaslav will receive $606.1 million following Paramount’s takeover of Warner Bros. Discovery on October 6. The payout includes cash from converted equity holdings. While Zaslav got this massive windfall, many shareholders previously voted against these executive packages. Several other senior leaders also left the company after the big deal.
Serena Williams’ family invested $250,000 in Angel City before its 2022 debut. A 2024 deal valued the soccer club at $250 million. This growth showed how many investors now see women’s sports as a big business. The club used celebrity backing and strong community roots to get this massive market value.
India Mobile Congress CEO Ramakrishna P said telecom firms must adopt AI to stay relevant. Speaking at IMC 2026, he noted that AI returns take time. “If you don’t adopt AI, you are not in the market,” he said. Telcos are now becoming tech companies by offering AI-enabled services.
India is moving beyond electric tractors to electrify smaller farm machines like tillers and weeders. A 2020-21 study showed agriculture’s diesel use fell significantly as solar pumps grew. By mid-2026, standalone solar pump installations passed 11 lakh. Now, manufacturers want to use electric power for routine, small-scale farm work.
Several startups secured fresh funding during the week of October 11. Beyond Appliances got Rs 110 crore, while Lumio raised $12 million. Other firms like Quanfluence, NeoGrowth, byteXL, Zomint, Desible.ai, and Credfix also grabbed capital. These companies plan to use the money to grow their teams and expand product offerings.