As part of the conditions, Fino will have to appoint an external chief executive officer with substantial banking experience.

While investors remain divided on Anthropic's IPO prospects, valuation guru Aswath Damodaran estimates the AI startup's equity value at nearly $1.5 trillion. He also cautions about governance risks stemming from its multi-class share structure.

PB Fintech has declared its quarter ending September FY27 performance, stating a consolidated Profit After Tax of 42.7% YoY. The revenue on the other hand, has jumped 35%.

Jio Platform reported a consolidated net profit of Rs 8,389 crore in the second quarter of the current financial year (Q2FY27).

Reliance Industries consolidated net profit was Rs 25,548 crore in the second quarter of the current financial year (Q2FY27), rising 41 per cent year-over-year (YoY).

Reliance has reported its Q2 results on Friday. Among the figures, the company also revealed its retail performance, stating a revenue of Rs 91717 crore, which is a 1.5% increase from Rs 90409 crore.

Consumer appliances maker Atomberg Technologies has received SEBI approval for its IPO, which comprises a fresh issue of up to Rs 450 crore and an offer for sale of up to 7.65 crore equity shares by existing investors.

The Securities and Exchange Board of India (SEBI) has relaxed Know Your Customer (KYC) requirements for Foreign Portfolio Investors (FPIs), extending the review period for certain categories from three years to eight years.

The pressure has intensified following disappointing quarterly updates from major technology companies, including Alphabet, Amazon, and Intel. The Nasdaq 100 has fallen more than 5.8% in October, putting over $2 trillion in market value at risk, as concerns over the AI trade weigh on investor sentiment.