RELIANCE REVENUE
PepsiCo's fizz fades as GLP-1 drugs and activist investor Elliott's targets test its snack business
PepsiCo faces challenges in achieving its growth and margin targets due to rising competition and increased input costs. The company has seen a decline in its North American business, impacting sales volumes and market share. Healthier product offerings have been introduced in response to market changes and consumer preferences. Analysts predict modest revenue growth but express concerns about long-term recovery.
Reliance Jio IPO clock ticking: Can you still buy RIL for shareholders quota amid October 21 launch buzz?
On October 21, Reliance Jio is preparing to launch its IPO, aiming to raise around $3.8 billion. Eligible shareholders of Reliance Industries will have the chance to participate through the shareholder quota, which is available for a limited period. This public offering represents a prime opportunity for investors keen on Jio Platforms.
Jio IPO SWOT analysis: What the DRHP says about its growth story, moats and risks
Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.
From Landlines to 6G: How India’s Telecom Revolution Transformed Connectivity
India's telecommunication sector has evolved from a sparse network of landlines to a robust mobile connectivity framework, embracing technologies like 2G, 3G, and 4G, culminating in the recent rollout of 5G. As the nation gears up for 6G, it aims to enhance the global digital landscape while improving the daily online experiences of its citizens.
Why did market rise today? Sensex jumps over 685 points, Nifty closes above 22,750. 4 key factors behind D-St rally
The Indian stock market recorded notable gains as investor confidence improved with cooling oil prices and strong quarterly updates. Sensex surged over 550 points while Nifty 50 climbed above the 22,700 level, resulting in increased market capitalization. Notably, Trent shares rose nearly 13% following a robust business update, while other significant stocks also gained. Concurrently, volatility measures decreased, indicating market stability amidst broader gains in various sectors.
NSE shares wipe off Rs 41,000 crore after listing day pop as stock slips below IPO price. Why are analysts still bullish?
NSE shares have slipped below their IPO price after a brief listing-day rally, wiping out nearly Rs 41,000 crore from the exchange’s peak market value. Despite the decline, analysts remain bullish, citing NSE’s dominant market position, strong profitability, cash generation and India’s long-term capital-market growth potential.
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US Market: Borrowing costs surge as debt burden limits policy options
US borrowing costs are rising as Treasury yields remain elevated, with federal debt surpassing $40 trillion and annual interest payments nearing $1 trillion. Policymakers could use debt buybacks, Operation Twist or yield-curve control, but these carry inflation risks. Economists argue fiscal discipline, spending restraint and stronger revenues offer the more sustainable solution.
DMart plunges 6.7% as Citi, Goldman retain sell call
Avenue Supermarts' shares fell by 6.7% on Monday amid worries about its competitive landscape and valuation concerns. Citi and Goldman Sachs upheld their sell recommendations following the company's recent second-quarter update. While the standalone revenue growth of 18.4% shows promise, analysts believe that the company's expansion may be hindered by escalating competition from quick-commerce services.
Retailers post high double-digit revenue growth in Q2 despite festive season shift
Retail companies have shown strong revenue growth in the July-September quarter of 2026. Avenue Supermarts Ltd reported an 18.4 per cent increase in standalone revenue, reaching Rs 19,206.18 crore. V-Mart Retail and V2 Retail also reported substantial year-on-year revenue growth during this period. The festive season has shifted by 19 days, impacting sales performance reports across retailers. October to December is expected to capture more festive-led retail demand this year.
India telecom sector may see 12-15% tariff hike in next 4-5 months: Report
India's telecom operators are projected to see a 12-15% tariff hike in the next few months. Bharti Airtel, Reliance Jio, and Vodafone Idea Limited are expected to report revenue growth in average revenue per user. Reliance Jio is estimated to add 8 million subscribers, while Bharti Airtel expects to gain 3 million customers. Vodafone Idea is projected to add 1 million subscribers in the same period.
Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placed
Investor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delivered an equal weighted average return of 55.3% so far in 2026, compared with 1.1% for the Nifty 500 Equal Weighted Index. Seven of the nine stocks have delivered posi tive returns, while three have gained over 100%. The analysis is based on closing prices as of 28 September 2026.
Reliance Retail, 7-Eleven end a five-year India franchise deal as convenience stores struggle
Reliance Retail and 7-Eleven are ending their five-year franchise partnership in India, with most of their nearly 60 stores set to shut after failing to achieve profitability, people familiar with the matter said. The exit underscores the growing challenge for organised convenience retail from kiranas and rapidly expanding quick-commerce platforms.
In 2020, a UK entrepreneur invested £12,000 in a fashion side hustle; 4 years later, it generated £6 million a year and had reached an estimated £24 million valuation
£12,000 became the starting point for a fashion business that would reach almost £6 million in annual revenue. Aimee Smale launched OD Muse in September 2020 after saving the money through her job and late-night logo work. Four years later, the women’s clothing brand had reached just under £6 million in annual revenue and an estimated £24 million valuation.
Nike's struggles test investor confidence in CEO Hill's turnaround effort
Nike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to rebuild relationships with retailers and focus on sports products, revenue continues to decline. The company announced job cuts and projected further declines in sales and profit for the upcoming fiscal year. Nike is also contending with performance issues in its markets, particularly in China.
Starlink, OneWeb and Jio: Where India’s satellite internet race stands
India’s satellite internet sector is on the cusp of commercial launches as key players seek the last stages of approval. Companies like Starlink, OneWeb, and Reliance Jio have secured GMPCS licenses but still await spectrum allocations and regulatory nods. OneWeb is set to launch immediately after receiving the missing spectrum, while Jio envisions a robust satellite network for the future.
Reliance plans Rs 1 lakh crore investment in Andhra Pradesh, says Anant Ambani
Reliance Industries announced a substantial investment of Rs 1 lakh crore in Andhra Pradesh for biogas plants. This initiative aims to create over three lakh jobs and generate revenue of nearly Rs 60,000 crore. The company will also support the establishment of the Rayalaseema Horticulture Hub and Indian School of Agriculture. Advanced technologies will be integrated with traditional farming knowledge to enhance agricultural practices.
Jio Platforms IPO in final stages after concluding worldwide roadshows
Jio Platforms is on the verge of launching what is projected to be the largest public offering in India, targeting USD 3.8 billion. International roadshows spearheaded by Akash Ambani and Isha Ambani have garnered interest. Following approval from Sebi, Jio Platforms plans to release new equity shares, constituting about 2.9 percent of its base.
In 2012, Scott Purcell started Man of Many with $20,000; 12 years later, his side project had grown into a $4.8 million-a-year media brand
Scott Purcell didn’t quit his banking job to start Man of Many. Instead, he kept working during the day. His evenings were spent building something of his own. In December 2012, Purcell and his housemate, Frank Arthur, launched the men’s lifestyle website.
AI pressure, client caution cloud Indian IT earnings in September quarter
India's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-induced pricing pressures alongside restrained client spending is squeezing profit margins in the industry. Analysts predict a gradual sequential revenue rise ranging from 0.7% to 3.5% for the major players, while even giants like Infosys may lower their projections.
Techie says he was laid off on his birthday while working across multiple projects, netizens react
A Mumbai-based full-stack software engineer has shared how he was laid off on his birthday after five years in the industry and while contributing to multiple projects. He said the company was reducing its dependence on its India-based tech team. His Reddit post drew support, career advice and another engineer’s account of experiencing a birthday layoff at Oracle.
Anthropic IPO prospectus reveals deep reliance on Amazon, Google for sales and compute
Anthropic plans a highly anticipated IPO and seeks a valuation of approximately $2 trillion. The company reported a sharp increase in revenue alongside rising operational losses due to its aggressive expansion plans. Almost half of its 2025 sales came from Amazon and Google, highlighting its reliance on these tech giants. Anthropic's relationships with these cloud providers are both a competitive advantage and a risk factor.
Anthropic IPO explained: $2 trillion valuation, ballooning net loss, AI risks and other details in leaked IPO papers
Anthropic is preparing for a potential IPO as its revenue surges, but losses and infrastructure commitments balloon. The AI company has also warned of existential risks from advanced models and highlighted its heavy reliance on Amazon and Google.
FIIs dump telecom for 8th straight month, outflows cross Rs 32,000 crore. Are stocks set for rebound?
Foreign portfolio investors have dumped Indian telecom stocks for the eighth consecutive month, pulling out over Rs 32,000 crore in CY26. Heavy 5G capex, delayed tariff hikes, and legal dues weigh on cash flows, leaving market participants questioning if a stock rebound is near.
Bharti Airtel, Vi shares rise up to 2% after Aug mobile subscriber data. Which is Nomura’s top pick?
India added 55 lakh mobile subscribers in August, according to data from the Telecom Regulatory Authority of India. Reliance Jio continued to lead with 24 lakh new users, while Bharti Airtel gained 21 lakh and Vodafone Idea over 5 lakh. Jio holds a market share of 39.31%, followed by Airtel with 38.01%. The growth in urban subscriptions increased by 0.70% from July to August this year.
Global Market: DayOne pushes ahead with potential November IPO amid data center scrutiny
Data center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to file with the SEC in October amid heightened investor scrutiny of AI infrastructure, financing costs, customer concentration, secured power capacity and contracted revenues as IPO markets become more selective.
NSE shares fall 2%, slip below IPO price, but analysts’ target prices go up to Rs 2,050. Time to buy?
NSE slipped below their Rs 1,785 IPO price on Monday, taking its market capitalisation to Rs 4.36 lakh crore. Despite the decline, brokerages remain positive on the stock, with Macquarie, Emkay and PL Capital setting target prices between Rs 1,950 and Rs 2,050, citing its market leadership and growth prospects.
US Market: Meta shares rebound as Muse AI agent fuels revenue hopes
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.
Space investment more than doubled to $23 billion in year to June, report says
SpaceX's June IPO has reshaped the funding landscape for the sector, drawing in new investors as venture firms look for the next space company capable of a similar payoff.
HSBC lifts STOXX 600 year-end target on stronger earnings outlook
HSBC has revised its target for the STOXX 600 index upwards to 680 points, driven by expectations of robust earnings growth. Additionally, the forecast for the FTSE 100 index has been adjusted to 11,390 points, buoyed by positive market trends. Enhanced business optimism and diminished geopolitical worries have supported this optimistic perspective for European equities. While Italy's market outlook was upgraded, France's forecast faced downgrading due to unfavorable projections.
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