Market notes
Today across the markets.
Twice a day, before India’s open and after its close, Mool reads the news of the markets its users follow and keeps what is worth research: the stories, the companies they name and the dated events still to come. Today's notes cover India, the United States, the United Kingdom, the Gulf, Singapore and global markets. Every line links to the report it came from.
Written . Mool writes the notes from the day’s reports; the sources are the publishers’ own, and nothing here is a view on a security.
Stories
Policy
The RBI tightened forex-derivative rules and opened a special dollar window for oil companies as the rupee neared 97 per dollar
Indian Express
Economy
RBI liquidity measures increased pressure on government bonds, with the 10-year yield reaching a three-year high
Economic Times
PolicyRBI
The RBI raised the repo rate by 25 basis points and changed its policy stance, according to the monetary-policy coverage
BusinessLine
Economy
Foreign investors sold about ₹44,000–45,000 crore of Indian equities in October’s first six sessions, extending the 2026 outflow
Economic Times
Global
Oil prices fell as markets weighed expectations that a Russia-Ukraine energy ceasefire could allow more Russian supply
The Hindu
CompanyTCS
TCS reported a 15% year-on-year increase in Q2 consolidated net profit to ₹13,884 crore and declared a ₹12 interim dividend
Economic Times
DealTata Motors
Tata Motors raised its Iveco offer, but acceptances remained at 28.4% with three major shareholders yet to tender ahead of the October 26 deadline
Mint
CompanyMeesho
Meesho reported a 75% year-on-year increase in Day 1 orders during its Mega Blockbuster Sale 2026
Economic Times
CompanyIndian Hotels
Indian Hotels said it expects top-line growth above its earlier guidance as demand continues to outpace supply
CNBC-TV18
CompanyPremier Energies
Premier Energies received orders worth ₹4,001 crore in the July–September quarter for solar-cell, module and EPC work
Economic Times
CompanyPoonawalla Fincorp
Poonawalla Fincorp reported a 407% year-on-year rise in Q2 FY27 net profit to ₹375 crore
Economic Times
CompanyCan Fin Homes
Can Fin Homes reported Q2 net profit growth of 10% to ₹275 crore, 7% higher net interest income and 10% loan-book growth
Economic Times
CompanyAvenue Supermarts
Avenue Supermarts’ Q2 update showed healthy sales growth and like-for-like recovery, drawing mixed brokerage assessments
Business Standard
DealLenskart Solutions
A block deal worth ₹1,985 crore in Lenskart Solutions shares was reported, with Alpha Wave likely selling a stake
Economic Times
CompanyLenskart Solutions
Lenskart Solutions reported Q1 FY27 net profit up 182.3% to ₹228 crore and revenue up 33.6% to ₹2,214 crore
Economic Times
Sector
FMCG companies face expected Q2 operating-margin pressure from higher crude-linked, palm-oil, sugar and packaging costs despite improving demand
Economic Times
Economy
Indian mutual funds’ share of domestic equities reached 11.7%, while foreign portfolio investors’ share fell below 14%
Economic Times
Sector
India’s financial-services sector recorded $7.3 billion in deals in the July–September quarter, up 129% sequentially, driven by IPOs and large M&A
Business Standard
IPOZetwerk Manufacturing Business
Zetwerk set a ₹143–151 price band for its ₹5,012-crore IPO, scheduled to open on October 15
Fortune India
IPOBonfiglioli Transmissions
Bonfiglioli Transmissions announced a ₹2,534-crore IPO with a ₹558–586 price band and an October 15 opening
Economic Times
Ahead
RBI oil-company dollar window begins
Policy, Indian Oil, HPCL, BPCLIndian Express, 10 Oct
Fusion CX IPO opens
IPO, Fusion CXEconomic Times, 9 Oct
Zetwerk IPO opens
IPO, Zetwerk Manufacturing BusinessFortune India, 12 Oct
Tonbo Imaging IPO opens
IPO, Tonbo ImagingBusinessLine, 12 Oct
Sahajanand Medical IPO opens
IPO, Sahajanand Medical TechnologiesMoneycontrol, 12 Oct
Bonfiglioli Transmissions IPO opens
IPO, Bonfiglioli TransmissionsMoneycontrol, 12 Oct
Fusion CX IPO closes
IPO, Fusion CXEconomic Times, 9 Oct
Higher daily CRR maintenance takes effect
PolicyEconomic Times, 12 Oct
Sahajanand Medical IPO closes
IPO, Sahajanand Medical TechnologiesMoneycontrol, 12 Oct
Bonfiglioli Transmissions IPO closes
IPO, Bonfiglioli TransmissionsMoneycontrol, 12 Oct
Jio Platforms IPO opens
IPO, Jio PlatformsFortune India, 11 Oct
Zetwerk shares list
IPO, Zetwerk Manufacturing BusinessFortune India, 12 Oct
United States
United States on its own pageStories
Policy
September FOMC minutes showed officials expected another rate increase before year-end to contain inflation
Federal Reserve
Policy
Cleveland Fed President Beth Hammack said businesses’ pricing power and a sturdy economy support raising interest rates further
WSJ
DealAmazon
Amazon is in talks to acquire AI startup Decart for around $7 billion, according to the Wall Street Journal
WSJ
Global
Oil prices fell as traders weighed Trump’s proposed Russian diesel purchases and a Russia-Ukraine energy ceasefire, alongside Middle East supply risks
WSJ
Global
The IMF managing director warned that AI could eventually affect about 40% of jobs, with young graduates especially exposed
CNBC
Economy
Research for the Financial Times found resilient growth across major economies despite the Middle East energy shock, while sovereign-debt turmoil risks shadowing IMF and World Bank meetings
Financial Times
Economy
A Bloomberg report said slowing U.S. consumer spending is raising concerns about the stock-market rally
Bloomberg
DealTotalEnergies
TotalEnergies and KKR agreed to add 700 megawatts of Texas and Ohio solar assets to their joint venture in a $1.2 billion deal including debt
MarketWatch
PolicyDisney, Paramount Skydance, Fox Corp., Comcast, Warner Bros. Discovery
The Justice Department opened an antitrust investigation into whether major television networks violated competition law by suspending pooled coverage of Trump
CNBC
CompanyVolkswagen
Volkswagen Group deliveries fell 14%, with deliveries in China down 39%
WSJ
SectorStellantis
Stellantis’ CEO called for incentives for European carmakers as the EU and China agreed to limit Chinese hybrid-car exports to Europe
CNBC
PolicyHon Hai Precision Industry, Vicor
The U.S. International Trade Commission is investigating patent-infringement allegations brought by Vicor against Hon Hai Precision Industry
Financial Times
CompanyJefferies Financial Group
A Jefferies fund alleged $900 million in fraud involving Radiant World and Sapphire deals
Bloomberg
Global
Central-bank diversification and weak property and equity markets are driving record Chinese gold imports, according to CNBC
CNBC
Ahead
Vertex Q3 2026 results
Company, Vertex PharmaceuticalsFinancial Times, 7 Oct
United Kingdom
United Kingdom on its own pageStories
Policy
The IFS warned that the Budget must address a projected £35bn spending shortfall; reports also cited pressure from the Iran war
Financial Times
CompanyHays
Hays issued its first-quarter trading statement
Financial Times
CompanyVp
Vp reported resilient first-half trading and said it remained on track to meet full-year expectations
Financial Times
CompanyTesco
Tesco published its interim results for 2026/27
Financial Times
CompanyTelecom Plus
Telecom Plus issued a first-half trading update and a notice of results
Financial Times
CompanyNordex
Nordex reported third-quarter order intake of 2.8 GW, up 29.5% year on year
Financial Times
DealCVC Capital Partners
CVC kept its investment in an Israeli defence company quiet amid concerns about controversy
Financial Times
CompanyICG Enterprise Trust
ICG Enterprise Trust published unaudited interim results for the six months to 31 July 2026
Financial Times
Policy
The UK restored its AI Safety Institute's access to the latest US AI models for safety testing
The Telegraph
DealICG
ICG appointed bankers to advise on a possible sale of Buzz Bingo, the UK's biggest bingo chain
City AM
Policy
The chancellor ruled out lowering the planned mansion-tax threshold from £2mn to £1.5mn in the Budget
Financial Times
Policy
The chancellor ruled out a warehouse tax increase in the Budget
The Telegraph
Economy
The IFS warned that a £35bn spending gap could leave the Budget lacking a credible funding plan
Financial Times
Global
The Trump administration threatened to stop supplying US-made weapons to Ukraine unless Kyiv halted deep strikes on Russian energy infrastructure
Financial Times
Global
Research for the FT found that major economies were resisting the Middle East energy shock, with AI spending supporting growth
Financial Times
Global
Bloomberg reported that slowing US consumer spending was raising concerns about the stock-market rally
Bloomberg
IPO
A UK data-centre company reportedly removed evidence of a China deal ahead of a planned $35bn listing
The Telegraph
Sector
Anglian Water withheld its chief executive's £1.05mn bonus after a sewage spill into a river
BBC
Policy
The Department for Transport told East Midlands Railway to take immediate steps to improve performance ahead of its planned transfer to public ownership
BBC
Economy
The UK economy was expected to have shrunk in August ahead of the Budget, according to City AM
City AM
Ahead
UK real-time indicators release
EconomyONS, 15 Oct
UK Budget
PolicyThe Guardian, 8 Oct
The Gulf
The Gulf on its own pageStories
Policy
The UAE approved Dh292.5 billion in federal spending for 2027–2029
The National
Global
Saudi Arabia said oil supplies would continue despite Riyadh attacks; analysts warned the strikes could hurt investor confidence and conference attendance
The National
Economy
The UAE reported 0.4% GDP growth in the first half, while a separate report said second-quarter real GDP fell just over 2% year on year
AGBI
Deal
Saudi Arabia signed energy-cooperation memoranda with Kuwait, Qatar and Egypt
Arab News
Global
Oil prices fell as traders weighed a possible Russia-Ukraine energy ceasefire and a US-Russia diesel deal, while Gulf tensions persisted
Arab News
Global
The IMF chief said AI investment is helping offset the energy shock and keep global growth near 3%; reports also flagged inflation and sovereign-debt risks
The National
Deal
SALIC is transferring ownership of National Grain Co. to SABIL, strengthening Saudi Arabia’s feed system
Arab News
Economy
Abu Dhabi set a target to attract Dh235 billion in investment and create 130,000 jobs by 2045
Gulf News
Economy
Saudi business confidence held at 56.6 in September as industrial activity improved
Arab News
IPO
Banque du Caire is seeking approvals for a planned sale of 30% of its shares on the Egyptian Exchange
Zawya
IPO
ADIA is considering an anchor investment in Indian engineering-services company Zetwerk’s planned IPO, according to a report
Zawya
IPO
Nigeria’s Dangote refinery made its stock-market debut through a $1.6 billion share sale; its prospectus showed the offer was not registered outside Nigeria
Khaleej Times
Policy
India’s central bank introduced measures to support the rupee, including shifting oil companies’ dollar purchases away from the spot market
Financial Times
Policy
Oman plans to begin registering companies for a new international financial centre later in 2026, with full licensing expected by 2027
The National
Economy
Think-tanks forecast UAE non-oil economic growth of 6.1% in 2027 after a contraction this year
Khaleej Times
Ahead
IMF and World Bank annual meetings
GlobalFinancial Times, 12 Oct
Riyadh Economic Forum
EconomyArab News, 11 Oct
Singapore
Singapore on its own pageStories
CompanyDBS
DBS chief executive Tan Su Shan said markets are repricing AI financing risks and weaker firms could face credit-rating downgrades
The Business Times
Policy
MAS introduced enhanced safeguards for public events held by financial institutions and said it will issue updated guidelines in 2027
The Business Times
Policy
MAS issued guidelines setting supervisory expectations for responsible artificial-intelligence adoption by financial institutions
MAS
CompanySGX
SGX launched a new futures trading window aimed at attracting European market makers and asset managers
The Business Times
Policy
Singapore said its 2035 target to import 6 gigawatts of low-carbon electricity is aspirational and depends on several factors
The Business Times
Policy
Singapore announced measures to speed up drug-development regulation as it seeks to strengthen its regional clinical-research role
CNA
Economy
MAS deputy chairman Chee Hong Tat said Singapore borrowing costs have risen less than in other jurisdictions, citing strong fiscal fundamentals
MAS
CompanySGX
SGX securities trading value rose 27% year on year in September as derivatives volumes rebounded; daily average securities value fell month on month
The Business Times
IPOIOI Properties Group
IOI Properties Group is in talks about a secondary listing on SGX, according to its chief executive
The Edge Singapore
IPO
Indonesia’s Kenangan Coffee is considering an SGX IPO within the next 24 months, its chief executive said
The Business Times
CompanyMary Chia Holdings
Mary Chia Holdings admitted it failed to disclose CPF arrears and court proceedings at four subsidiaries after an SGX RegCo query
The Business Times
Deal
Singlife chief executive Pearlyn Phau said the insurer is open to mergers or acquisitions as it seeks scale for growth
The Straits Times
Company
Fidelity International made its tokenised US dollar money-market fund available to professional and accredited investors in Singapore through Sygnum
The Edge Singapore
Policy
Philippine President Ferdinand Marcos asked Singapore to help advance ASEAN’s digital economy pact in 2027, with artificial intelligence among its priorities
The Straits Times
Global
IMF managing director Kristalina Georgieva said AI infrastructure investment is supporting global growth of about 3% and benefiting Asian hardware suppliers
CNA
IPOSK Hynix
SK Hynix’s Solidigm selected lead banks for a potential US IPO in 2027 that could value the business at up to US$100 billion, Bloomberg reported
The Business Times
Deal
Biren Technology aims to raise US$515 million in a share sale, Bloomberg reported
Bloomberg
Global
Oil prices fell after US President Donald Trump said Russia and Ukraine had agreed to halt attacks on each other’s energy facilities
CNA
Ahead
No dated events announced in today’s reports.
Global markets
Global markets on its own pageStories
Global
Houthi missile strikes hit Riyadh, including its airport, as Saudi Arabia reported further attacks and launched airstrikes in Yemen
Financial Times
Global
An announced Russia-Ukraine energy ceasefire was followed by lower oil prices
WSJ
Economy
A report said major economies have remained resilient through the Middle East energy shock, supported by AI investment, while risks persist
Financial Times
CompanyTencent
Tencent is marketing a $5 billion bond offering intended mainly to fund AI spending and chip purchases
Bloomberg
DealAmazon
Amazon is in talks to acquire AI startup Decart for around $7 billion, according to a report
WSJ
CompanyVolkswagen
Volkswagen Group deliveries fell 14%, with deliveries in China down 39%
WSJ
Policy
China plans to crack down on electric-vehicle innovations after safety concerns, according to a report
Nikkei Asia
Sector
China's September auto sales fell for a 12th consecutive month, and an industry group does not expect a strong October recovery
WSJ
SectorNvidia, Oracle
AI shares including Nvidia and Oracle fell after a report that OpenAI's annualized revenue was below figures previously cited in media reports
CNBC
CompanyAirtel Africa
Airtel Money began trading in London at a valuation of about $7 billion, below expectations; Airtel Africa plans to retain a long-term stake
WSJ
SectorStellantis
Stellantis' CEO called for Europe to reward automakers that build vehicles in the region amid competition from Chinese rivals
CNBC
CompanyTelia
Telia proposed cutting 900 jobs, targeting annual savings of $100 million and a full run-rate benefit from 2028
WSJ
DealCVC Capital Partners
CVC reportedly kept its investment in an Israeli defence company quiet because of concerns about controversy
Financial Times
DealNovartis
Novartis struck a $7.8 billion licensing deal, according to a report on biotech deal activity
WSJ
Global
The IMF warned that AI could eventually affect about 40% of jobs worldwide, with young graduates particularly exposed
CNBC
Global
The IMF and World Bank began their annual meetings in Bangkok, with inflation, AI and climate among the issues under discussion
Nikkei Asia
Global
China is importing record amounts of gold, with demand linked to market and policy factors, according to a report
CNBC
Deal
Quantum-computing company Oratomic raised $475 million three months after its Series A financing
WSJ
Economy
Fed minutes showed officials expected another rate increase, though they gave no clear timing and October appeared unlikely
CNBC
Ahead
No dated events announced in today’s reports.
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