BREAKING POINTS
Kae Capital launched a $25 million fund in 2012; 13 years later, Porter and HealthKart had helped it deliver more than 5x returns
Kae Capital’s $25 million bet on Indian startups in 2012 has paid off years later. Porter alone returned more than twice the fund’s original size, while HealthKart returned an amount equal to the entire fund. Together, the investments helped deliver multiple times the original capital, which shows the value of early startup investing.
Rahul Gandhi to kickstart Congress Punjab campaign from Mann's home turf on November 4
Rahul Gandhi will launch the Congress party's campaign in Sangrur on November 4, targeting AAP's chief minister Bhagat Mann. The Congress aims to present a unified front after facing internal conflicts and leadership tussles. Pargat Singh, recently appointed leadership, will steer the party’s efforts in the upcoming Punjab assembly elections. Congress leaders have been engaging to emphasize party unity amidst their electoral challenge.
Two Trades for Today: A top pharma company for a 5.3% upmove, a mid-cap chemical maker’s stock for an almost 7% rise
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
$7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?
Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challenge. UBS estimates they need $1 trillion in additional earnings before interest and taxes by 2031. The key questions are whether AI boosts productivity and companies can monetise those gains.
Nifty risks 21,500, HDFC Bank eyes ₹640, IT rally shows fatigue: Anand James
Indian equities could face another leg of weakness unless the Nifty reclaims 22,800 early next week, with the index strategist Anand James warning that a break below the 22,000–22,070 support zone could open the way towards 21,500. He also sees HDFC Bank’s long-term bullish structure as broken, with the stock vulnerable to ₹640, while the recent IT rebound appears more like a relief rally than a durable sector rotation.
Brighton has turned into the Premier League's most incisive team under Fabian Hurzeler
Brighton is competing well in the Premier League, currently scoring the most goals in the league. The team has achieved impressive victories and is performing well under manager Fabian Hurzeler. While playing in the Conference League, their squad depth could be tested due to the demands of the schedule. Recent signings have proven effective, contributing to the team's success.
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Tilak Varma’s family was once too poor to own a home. Today, his Hyderabad home worth crores, has a swimming pool, private gym, puja room
Tilak Varma’s Hyderabad home is a study of mixing comfort with elegance. The house is multi-stoered and costs anything from Rs 5 to Rs 10 crores.
‘Ban all Muslims from...’: Trump-linked politician Dominik Tarczyński tells Piers Morgan, says Islam ‘not compatible with Western values, France has fallen'
Polish politician Dominik Tarczyński has said he would ban all Muslims from entering Poland if elected to power, telling broadcaster Piers Morgan that Islam is incompatible with Western values. During the interview, Tarczyński defended his opposition to Muslim immigration and argued that Europe should not allow new mosques while Christians face restrictions on building churches in Qatar.
"Change of government through democratic means is what India wants": Kapil Sibal hits back at Bhagwat's 'regime change' remarks
Kapil Sibal addressed a press conference criticizing RSS chief Mohan Bhagwat's Vijayadashami address concerning regime change. He argued that calls for change in India are democratic and peaceful unlike unrest abroad. Sibal accused the government of stifling dissent and manipulating legal processes against opposition leaders. Additionally, he raised concerns about foreign interference and territorial integrity in Arunachal Pradesh.
DMK, AIADMK slam TVK govt over rising crimes against women; accuse CM Vijay of 'sleep mode'
Opposition parties in Tamil Nadu have raised serious concerns about increased crimes against women. Following recent violent incidents, leaders have criticized Chief Minister C Joseph Vijay's lack of action. DMK leader Udhayanidhi Stalin highlighted specific cases of assaults and demanded immediate legal response. AIADMK General Secretary Edappadi K Palaniswami expressed shock at the government's failure to protect women effectively.
Jio IPO GMP today: Grey market signals over 22% listing gains; check allotment, listing date
The issue, which closed for subscription on October 23, received an overwhelming response from investors, with the overall subscription reaching 22.19 times the shares on offer. The offering has also become India’s largest-ever IPO, surpassing Hyundai Motor India’s Rs 27,870-crore issue in 2024.
IndusInd Bank posts Rs 1,242 crore net profit on lower provisions
IndusInd Bank reported an impressive consolidated net profit of ₹1,242 crore for the September quarter, marking a robust recovery from the previous year's loss of ₹437 crore. This turnaround stems from decreased provisions and heightened fee income, alongside encouraging trends in asset quality, evidenced by reduced non-performing asset ratios. The bank's financial outlook showcases a significant improvement in both growth and profitability.
Small and midcap indices post worst weekly decline in two years
Mid-cap and small-cap stocks in India have faced major declines, indicating a shift in market sentiment. The Nifty MidCap 150 and Small-cap 250 indices reported their worst weekly falls in two years. Domestic retail investors initially supported these segments by increasing mutual fund contributions. However, concerns over rising oil prices and fiscal deficits are adding to market uncertainties.
iPhone Duo internal display break: Are iPhone Duo displays too fragile? Users report alarming cracks near hinge
Users have begun reporting instances of broken inner displays in the new iPhone Duo model. Cracks are appearing near the hinge, causing concern about the device's durability. Some owners experienced damage after minimal use, with one individual reporting a crack after just six hours. Apple is currently analyzing reported cases to determine whether there is a manufacturing issue involved.
Only 15% of midcap stocks above 50-DMA: Is buying the dip getting riskier? JM Financial spots signs of leadership shift
JM Financial warns midcap and smallcap leadership may weaken as market breadth deteriorates sharply. Largecaps show early recovery signals, but investors should remain cautious. Nifty holding 22,000 could trigger a rebound; breaking below risks a fall towards 20,500.
Bahamas vacation water rescue: British mother swept away by strong currents while trying to save sons during snorkeling trip
A British mother died after trying to rescue her two sons, who were swept away by strong ocean currents during a family snorkeling trip in the Bahamas. A water taxi crew helped pull the family from the sea, but the mother could not be revived. Police are investigating the incident.
ETtech Explainer: Why Blinkit is wary of private labels while Instamart sees an opportunity
While Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private label brand Noice, its recently launched curated fruits and vegetables proposition Nectr, and its brand partnership initiative Switch.
Presley Gerber Death: Rehab facility where Cindy Crawford’s son died grapples with difficulties as employees quit and residents move out
Following the death of Presley Gerber at a rehab facility, several employees have resigned from their positions. Reports indicate that staff morale has significantly declined after this tragic incident took place. Many residents have also chosen to leave the facility due to concerns about safety and care. The facility had already been admitting residents needing higher levels of care prior to the incident.
US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictions
US bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed economic data, which showed persistent inflation pressures.
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 crore
Swiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company aims to enhance profitability while managing competition from rival services like Blinkit and Zepto. Instamart's contribution margin is projected to improve, and overall growth is anticipated over the coming quarters. Swiggy's core food delivery business remains strong, showing significant growth and profitability.
No Eiffel Tower, no Pyramids. Man in his 30s wants 10 days in the mountains instead. Why?
Karun Pal's post on X is resonating with people who prefer slow travel over crowded tourist attractions. Tired of airport queues and packed itineraries, he wants to spend 10 days in the mountains reading, walking and enjoying quiet mornings. Netizens related to his perspective, sharing experiences of extended stays in rural cottages, ancestral villages and month-long cruises, arguing that travel can be about relaxation and self-discovery rather than ticking off famous landmarks.
Can Bitcoin hit $100,000 in the next 12 months? Michael Saylor’s 4-year bull run forecast explained
Michael Saylor believes Bitcoin could return to $100,000 within the next 12 months as a new bull market begins. The Strategy chairman sees a potential four-year rally, but admits the cryptocurrency’s six-figure comeback by the end of 2026 is far from certain.
Slow Horses season 6 finale recap: Major deaths, River Cartwright’s fate and ending explained; everything you need to know
In the gripping season finale of Slow Horses, the Slough House crew confronts perilous situations that lead to devastating consequences. River Cartwright suffers an alarming collapse due to apparent poisoning, casting doubt on his survival as the episode draws to a close. Jackson Lamb crafts a clever scheme to redirect blame from a risky operation, determined to shield his colleagues.
Market wrap: Infosys, HCL Tech, Bajaj Finance, BSE top gainers and losers on Nifty and Sensex on Wednesday
Indian markets extended losses for a second session on Wednesday, with the Nifty falling 0.34% to 22,811 and the Sensex slipping 0.19% to 73,710. IT stocks led sectoral gains, with Infosys and HCL Tech topping the gainers, while Bajaj Finance, BSE and Eternal featured among the biggest losers.
CAS swings: Nifty’s indicative price jumps 500 points in seconds, closes higher than pre-CAS level
The Indian stock market experienced notable volatility during the closing auction, marked by a steep selloff that wiped out more than Rs 8 lakh crore in market capitalization. Despite Sensex and Nifty ending higher than pre-CAS levels, investor sentiment remained cautious due to escalating bond yields and ongoing selling by foreign institutional investors.
"Minister's job to resolve matter": Asaduddin Owaisi demands Kiren Rijiju's immediate intervention in Race Course Masjid demolition order
Asaduddin Owaisi has raised concerns regarding the handling of the Race Course Masjid situation in New Delhi. He emphasised that the mosque holds gazetted Waqf status and should have legal protection. Owaisi urges Union Minister Kiren Rijiju to intervene and halt any potential demolition actions. The absence of a constituted Waqf Board in Delhi has contributed to administrative inaction.
D-Street poised for positive start as GIFT Nifty signals gains
On Monday, benchmark indices saw a downturn, erasing a brief recovery. The combination of weak global cues and profit-taking in the private banking and IT sectors weighed on investor confidence. Analysts suggested that immediate resistance is at 23,175, with support situated at 22,800. Foreign portfolio investors sold shares worth Rs 1,148 crore, while domestic institutional investors remained net buyers.
Indians travel more despite costly flights, hotel rates to jump 27% post-Diwali
Travel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expected to spike substantially during this timeframe, particularly in popular destinations. As a result, Goa is projected to experience the largest increase in accommodation prices. International bookings are also surging, especially to destinations like Maldives and Thailand for the festive period.
What RJ Mitte’s mom said about rumors his fiancée Kennedy Suarez was not invited to his celebration of life
Breaking Bad actor RJ Mitte, who lived with cerebral palsy, died by suicide at 34. His mother, Dyna Mitte, has addressed rumors that his fiancée, Kennedy Suarez, was not invited to his celebration of life. The couple had been friends for about 10 years before they began dating in 2020 and got engaged in 2025.
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