VIKAS JAIN
Indian Americans condemn Seattle Diwali disruption by far-right activist Jake Lang
Far-right activist Jake Lang disrupted a Diwali celebration in Seattle while carrying racist signs targeted at Hindus. Prominent Indian Americans including Congresswoman Pramila Jayapal condemned this hateful display, emphasizing the importance of Diwali. The Coalition of Hindus of North America advised community preparedness against similar incidents in the future. Lang's past included participation in the January 6 Capitol attack, for which he received a pardon.
Delhi court issues fresh bailable warrants against YouTuber Dhruv Rathee in defamation case
A Delhi court recently issued new bailable warrants for YouTuber Dhruv Rathee related to a defamation case. The case was filed in 2018 by Vikas Sanskrityayan alias Vikas Pandey over a video posted by Rathee. Judicial Magistrate Rahul Jain ordered these warrants after a process server was unable to serve notice at Rathee's home. Rathee has been residing in Austria but returned to India for protests.
Dhruv Rathee faces bailable warrants in 2018 defamation case; Delhi court issues order
A Delhi court on Saturday issued bailable warrants against YouTuber Dhruv Rathee in a defamation case dating back to 2018. The order marks a development in the long-running legal proceedings involving the content creator. Details of the court's directions and the next steps in the case remain to be established.
NFO Insight: Carnelian Small Cap Fund opens for subscription with Rs 5,000 crore size cap. Can it deliver alpha?
Carnelian Mutual Fund has launched its new Carnelian Small Cap Fund, now available for investors. Targeting a size cap of Rs 5,000 crore, this fund seeks to preserve investment flexibility while focusing on small-cap stocks with strong growth potential at fair prices. It employs an in-depth research strategy to uncover viable businesses and attractively valued opportunities.
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%
IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to stronger operating leverage and reduced loan losses during the period. The company's assets under management also rose substantially to Rs 1.24 lakh crore, primarily due to growth in gold loans.
Fresh summons to YouTuber Dhruv Rathee in 2018 defamation case
Judicial Magistrate Rahul Jain was hearing the plea filed by BJP IT Cell member Vikas Pandey seeking a fresh summons to Rathee. In an order dated October 12, the court said, "From the available record, it is clear that the complainant has been trying to serve the accused no. 1 (Rathee) since the last several years..."
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Rs 1 lakh crore is chasing small & midcaps, but largecaps have the valuation. Where are India’s next multibaggers hiding?
This year, over Rs 1 lakh crore has been funneled into small and midcap funds, reflecting a surge in investor enthusiasm. While smallcaps have recently taken the lead over largecaps, the latter are drawing attention due to attractive valuations. As growth expectations for largecaps are evening out, it indicates a possible shift in investment returns.

ET Alpha Wealth Summit 2.0: The ideas, trends and opportunities shaping future of wealth creation
ET Alpha Wealth Summit 2.0 brings together leading investors, wealth managers and family-office professionals to decode the forces shaping the next investment cycle. From global capital flows, private credit and alternatives to family offices, GIFT City, SIFs and AI, the summit explores new opportunities and evolving approaches to wealth creation.

ET Alpha Wealth Summit 2.0: Date, venue, speakers, agenda and registration
The ET Alpha Wealth Summit 2.0 set to be held on October 8 at ITC Maratha in Mumbai. Leading investment experts will convene to discuss trends affecting capital flows and investment strategies. Keynote speeches and panel discussions will cover topics such as alternative assets, structured debt, and family office investment frameworks. The summit aims to provide insights into evolving wealth creation methodologies and the role of technology in investing.
Global business leaders and visionaries honoured at ET Indo Global Leaders 2026 in Dubai
In Dubai, the ET Indo Global Leaders 2026 event brought together key figures to celebrate the synergy between India and the UAE in business and entrepreneurship. A series of networking sessions led into impactful discussions regarding India's economic impact worldwide and the dynamics of the luxury real estate market. Leaders exchanged knowledge on sustainable growth strategies and market competitiveness.

AAP alleges Centre misusing agencies ahead of assembly polls amid ED searches in Punjab
Punjab Finance Minister Harpal Singh Cheema slammed the Centre over the the Enforcement Directorate's search operations in the state, accusing it of misusing probe agencies ahead of the state assembly polls. AAP workers on Thursday staged a protest outside the GMADA office and raised slogans against the Union government. The ED on Tuesday search operations at the offices of GMADA in Mohali. The agency also searched the residence of the nephew of Punjab minister Hardeep Singh Mundian in Sahnewal in Ludhiana.

Stocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock and Lupin
Indian equity markets experienced volatility, with the Nifty 50 extending its losing streak for four weeks. Escalating US-Iran hostilities pushed crude oil prices higher, impacting overall market sentiment. Several companies, including Tata Motors and Rail Vikas Nigam, are expected to be active on Monday. Mazagon Dock Shipbuilders and Eicher Motors also reported significant corporate developments. Lupin received US FDA approval, while JSW Steel saw production increases in August.

Ankita Lokhande lives in a Rs 50 crore home in Mumbai with husband, Vicky Jain. 8 BHK house features 8 bedrooms, walk-in wardrobes, pool table, huge puja room
Pavitra Rishta star Ankita Lokhande and her husband, Vicky Jain, reside in a palatial home in Mumbai’s Oshiwara. The house, which costs a staggering Rs 50 crore, has no less than eight bedrooms and is decorated in a minimalistic yet elegant manner.

UP: 'Illegal' mosque inside Saharanpur collectorate complex razed amid heavy police deployment
An illegally constructed mosque within the Saharanpur collectorate was demolished early Saturday morning. This action followed a court order which rejected the mosque committee's appeal. Heavy police forces were deployed to ensure law and order at the site. Opposition parties accused the government of promoting hate politics and weakening social harmony. The district administration stated the demolition cleared government land of encroachment.

Buy Tata Chemicals Ltd. target Rs 630: Vikas Jain
Buy Tata Chemicals Ltd. at a price target of Rs 630.0 and a stoploss at Rs 540 from entry point.

Buy Cadila Healthcare, target Rs 248: Vikas Jain
Buy Cadila Healthcare Ltd. at a price target of Rs 248.0 and a stoploss at Rs 207 from entry point.

Hyundai pockets 2,000 bookings for Venue in one day
"The Day-1 response is a record booking for an SUV, with an average of 84 Venue cars every hour," Hyundai Motor India Ltd (HMIL) National Sales Head Vikas Jain said in a statement.
Buy L&T Finance Holdings, target Rs 195: Vikas Jain
Buy L&T Finance Holdings Ltd. at a price target of Rs 195.0 and a stop loss at Rs 162 from entry point.
Buy Bata India, target Rs 820: Vikas Jain
Buy Bata India Ltd. at a price target of Rs 820.0 and a stop loss at Rs 710 from entry point.
Buy Oil India, target Rs 382: Vikas Jain
Buy Oil India Ltd. at a price target of Rs 382.0 and a stop loss at Rs 343 from entry point.
Buy UPL, target Rs 780: Vikas Jain
Buy UPL at a price target of Rs 780.0 and a stop loss at Rs 687 from entry point.
Buy Lupin, target Rs 960: Vikas Jain
Buy Lupin Ltd. at a price target of Rs 960.0 and a stop loss at Rs 812 from entry point.
Buy Godfrey Philips India, target Rs 1,080: Vikas Jain
Buy Godfrey Philips India Ltd. at a price target of Rs 1080.0 and a stop loss at Rs 950 from entry point.
Buy Godrej Industries, target Rs 640: Vikas Jain
Buy Godrej Industries at a price target of Rs 640 and a stop loss at Rs 545 from the entry point.
Buy MindTree, target Rs 560: Vikas Jain
Buy MindTree at a price target of Rs 560 and a stop loss at Rs 468 from entry point.
Buy Havells India, target Rs 565: Reliance Securities
Buy Havells India at a price target of Rs 565 and a stop loss at Rs 479 from entry point.

ETMarkets Weekend Podcast: Where to make money in a depressed market
Vikas Jain of Reliance Securities gives us a lowdown on the emerging trends across sectors and stock counters.

Micromax working on a universal OS for mobiles, televisions, wearables etc: Report
The manufacturer is supposedly working on a new mobile operating system meant for use across devices like smartphones, tablets, wearables and televisions.
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