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Why are companies restricting AI access to employees
Goldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools
US Midterm Elections 2026: Could the SMARTER Act change how Indians get US Green Cards?
With the upcoming midterm elections, a new immigration proposal in Congress could reshape the future of green cards and family sponsorship, especially for Indian professionals. The SMARTER Act aims to introduce a points-based system, eliminate country-based visa limits, and restrict family immigration to closer relatives, but its success hinges on the election outcomes.
South Eastern Coalfields files DRHP with SEBI for IPO; Coal India to offload 66.8 crore shares
Coal India subsidiary South Eastern Coalfields has filed its draft papers with SEBI for an IPO comprising an offer for sale of up to 66.81 crore shares. One of India’s largest coal producers, SECL reported higher revenue and profit and plans to list on the BSE and NSE.
NTPC Q2 Results: Standalone profit rises 14% YoY to Rs 5,320 crore; revenue up 17%
NTPC has showcased a strong performance in the second quarter of FY27, with a significant 14% increase in standalone net profit year-on-year. The operational revenue saw a notable rise of 16.8% from the same quarter last year, reflecting solid financial health. An interim dividend of Rs 3 per share was announced for shareholders. In a move to bolster growth, NTPC is also increasing its capital expenditure on pumped storage initiatives.
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage
The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.
Anthropic IPO rocks Indian IT; Why Walmart is in no hurry to list Flipkart
Anthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5.
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Risks spelled out for Anthropic investors include possible harms from runaway AI
The risks laid out by the San Francisco company in its filing Monday with the Securities and Exchange Commission included discussion of bad actors potentially using AI models to build deadly weapons or the technology itself going rogue with untold consequences.
November Visa Bulletin: Big movement for Indian family-sponsored green-card applicants
The November US Visa Bulletin brings significant progress for Indian family-sponsored green-card applicants, with F1, F2B and F3 dates advancing by one year. F2A moved ahead by one month. Employment-based categories saw limited movement, with only EB-3 and Other Workers advancing, while EB-1 and EB-2 remained unchanged.
Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth prospects that cover cloud services and enterprise solutions beyond telecommunications.
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?
The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the grey market premium points to an indicative listing price of Rs 1,364 per share.
Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 crore
Jio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcoming IPO. The company allotted shares to well-known investors such as LIC, BlackRock, and Fidelity. These allocations indicate strong interest from both domestic and global institutional investors. The IPO is expected to surpass the previous record held by Hyundai Motor India. Jio Platforms aims to achieve an equity valuation of nearly Rs 10.3 lakh crore.
Jio Platforms IPO GMP signals 22% potential listing gain; issue opens on October 21
Jio Platforms’ Rs 30,213-crore IPO will open for subscription on October 21 and close on October 23, 2026. The issue comprises a fresh issue of 27 crore equity shares, with allotment expected on October 26 and listing tentatively scheduled for October 28 on the BSE and NSE.
Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight
Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, profitability, a vast customer base, extensive network infrastructure and proprietary technology. The company also sees growth opportunities in fixed broadband, AI-led services, digital subscriptions and overseas technology monetisation.
‘Sit down, Elon’: Musk gets a reality check on his own platform over Trump donations amid Starlink India row
Elon Musk criticized India's regulatory environment while seeking approval for his satellite internet service, Starlink. His comments drew reactions on X questioning his political spending in the US, particularly his support for Donald Trump. Users pointed to significant contributions Musk made during the 2024 election cycle, raising issues of hypocrisy. Indian officials emphasized that companies must meet regulatory and security requirements before entering the market.
A simple accounting trick used by companies to manipulate net profit and take investors for a ride
A company may report profits for years, only to reveal later that some figures were wrong. Accounting rules require companies to correct mistakes from earlier years, but how they do so can change the picture of their profitability. Sometimes, old losses are recorded years later or kept outside regular profits. Therefore it becomes imperative for investors to understand how past accounting errors are corrected, how the process can be misused, and what they should watch for.
NEET protest: SC rejects plea for independent probe into CJP agitation
On Friday, the Supreme Court turned down a petition for a fair investigation into the Cockroach Janta Party protests. The demonstrations were held concerning the alleged NEET paper leak, leading to the resignation of Union Education Minister Dharmendra Pradhan. The petition called for police independence in maintaining law and order during the investigation processes. The court also upheld its previous decision to quash certain FIRs under Article 142.
Vinir Engineering files DRHP with SEBI for fresh issue of up to 7.1 crore shares
Vinir Engineering has filed its DRHP with Sebi for an IPO comprising a fresh issue of up to 7.1 crore shares, with proceeds earmarked for plant and machinery, working capital, acquisitions and general corporate purposes.
US H-1B lottery changes from October 1: What Indian workers should know about new wage-based selection system
Starting October 1, 2026, the US will implement a new H-1B visa selection method based on higher wages. This new system will give more entries to registrations at higher wage levels, improving chances for applicants. Indian professionals, who represent a significant portion of H-1B workers, will be particularly affected by these changes. Employers will need to provide evidence supporting wage claims during the registration process to avoid issues.
Idaho Power upgraded 40 homes for free, including 20 manufactured homes; each household then used an average of 6,477 fewer kWh of electricity every year
In the U.S., manufactured homes are often burdened with high energy bills mainly due to inadequate insulation and outdated heating systems. Studies indicate that implementing energy efficiency improvements can significantly cut down on energy usage. A successful initiative by Idaho Power highlighted how free weatherization services could benefit low-income families. However, many remain unaware of these crucial support programs.
US Visa Bulletin October 2026: Some Indians get green card relief as new US fiscal year begins, but many remain stuck
The October Visa Bulletin brings forward movement for Indian green card applicants as the US starts its new fiscal year. EB-1 and EB-4 final action dates advanced, while EB-2 and EB-3 remained unchanged. Filing dates moved sharply in EB-1 and EB-4, but family-sponsored categories recorded limited gains.
Booked but no ticket, money debited? Delhi HC seeks Railways, IRCTC response on plea seeking audit of online reservation system
The Delhi High Court on Wednesday sought the stand of the Ministry of Railways and the Indian Railway Catering and Tourism Corporation (IRCTC) on a Public Interest Litigation seeking an independent audit of the online railway ticket reservation system over alleged technical failures and possible unfair access to available tickets.
India, 17 others reserve right to participate in Russia's dispute with EU
India and 17 other countries, including the US, UK and China, have reserved third-party rights in Russia’s WTO dispute against the European Union’s Carbon Border Adjustment Mechanism. The WTO Dispute Settlement Body has agreed to establish a panel to examine Russia’s claims that CBAM creates trade barriers and violates WTO rules.
SIR controversy: EC says agendas will be shared ahead of meetings, minutes to be issued
Gyanesh Kumar CEC Row news: The Election Commission announced its decision regarding the Special Intensive Revision of electoral rolls on Saturday. All meetings will now have agendas circulated in advance, and minutes will be published post-meeting. Unanimous approval was given for the nationwide exercise, which has also been upheld by the Supreme Court. The process will simplify how voters address notices regarding discrepancies.
India, 17 others reserve rights to join Russia’s CBAM dispute with EU as third party at WTO
Argentina, Brazil, Canada, China, Chinese Taipei, Indonesia, Japan, Saudi Arabia, South Korea, Malaysia, Norway, Paraguay, Singapore, Switzerland, Thailand, the UK and the US are other countries that have reserved their third-party rights in the dispute, the Geneva-based official said.
Adroit Industries IPO subscribed 176 times on Day 3; GMP at 28%. Check details
Adroit Industries' IPO opened for subscription on September 23 and was heavily subscribed by September 25. The overall subscription reached 176.85 times, reflecting significant interest from retail and institutional investors. The Grey Market Premium for the IPO increased, indicating potential for a strong market debut. The company plans to use the proceeds primarily for capital expenditure and enhancing manufacturing capabilities.
The company reported a Rs. 162 crore loss. It actually lost nearly Rs. 8,000 crore. Where, and how, did it hide the loss?
There is a legal way to make a loss-making company look profitable, and it turns on a single label almost nobody questions. Once it's applied, a running cost can stop, a whole bleeding business can slip out of the headline number, and a stale valuation can sit untouched for years. This story walks through each of these moves, one by one, and shows them at work inside real Indian companies – including one where a fraction of the true loss was the number shareholders actually saw.
When ECs disagree: Key questions answered on Election Commission row; why it happened, how it unfolded, who decides & what is the bigger issue
The Election Commission row has raised questions over internal dissent, electoral-roll management and the appointment of Election Commissioners. Reported objections by Sukhbir Singh Sandhu and Vivek Joshi have put the spotlight on decision-making, voter database access and Special Intensive Revision. Meanwhile, a Supreme Court split over the 2023 appointment law has added another layer to the Election Commission controversy.
Election Commissioner appointment law: The case on India's top election body before the Supreme Court, the controversy and what comes next | Explained
The Supreme Court has delivered a split verdict on petitions challenging the 2023 law governing the appointment of the Chief Election Commissioner and Election Commissioners. The case traces back to the 2015 Anoop Baranwal petition and raises questions over the selection panel, Election Commission independence, and what happens next.
India's new GDP series: GST, corporate data drive new methodology
India's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update emphasizes the integration of company-level information for a more precise estimation of private corporate sector activities. Furthermore, an innovative methodology leverages corporate filings and LLP records to enhance industry classification, while surveys are used for direct assessments of the household and unincorporated sectors.
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