sensex
Business Markets

Sensex Surges 1,600 Points, Nifty Crosses 24,300

By BPN News Desk
Indian equity markets rallied sharply on Thursday, November 5, 2026, with the BSE Sensex surging more than 1,600 points and the NSE Nifty 50 crossing 24,300 during morning trading. Falling crude oil prices, renewed foreign institutional investment and improving global market sentiment following the US midterm elections supported the rally, adding approximately Rs 6.9 lakh
air india
Business

Air India Plans More Widebody Jets, Targets Profit

By BPN News Desk
Air India is planning to expand its fleet of widebody aircraft while implementing extensive cost-cutting measures to restore profitability. Chief Executive Officer Tewolde Gebremariam outlined the strategy at the Aviation India Summit in New Delhi on November 3, 2026, emphasising international expansion, improved operational efficiency and stronger competition with foreign
Mukesh Ambani Reliance
Business

Jio IPO Draws ₹7.4 Lakh Crore, 1.38 Crore Bids

By BPN News Desk
Mukesh Ambani-led Jio Platforms has recorded an unprecedented response to its ₹30,213-crore initial public offering (IPO), attracting approximately ₹7.4 lakh crore in combined investor bids and 1.38 crore applications. The offering closed on Friday, October 23, 2026, with public subscriptions reaching 22.19 times the shares available, establishing new benchmarks for
Elon Musk
Business

Tesla-SpaceX Merger Could Boost Musk’s Wealth

By BPN News Desk
Elon Musk could see his personal wealth increase by more than $110 billion if Tesla and SpaceX proceed with a proposed merger. The potential increase is linked to compensation arrangements that could accelerate the vesting of Tesla shares currently excluded from his estimated net worth. Both companies have established special committees to examine a possible […]
meta
Business

Meta Ordered to Pay $25 Billion in Privacy Case

By BPN News Desk
A New Mexico court has ordered Meta Platforms, the parent company of Facebook and Instagram, to pay a $25 billion civil penalty after a jury found that the technology company misled users about data privacy and content moderation practices. The ruling, delivered on October 21, 2026, stems from the Cambridge Analytica scandal and represents one […]
Jio
Business

Jio IPO Retail Portion Fully Subscribed on Day 2

By BPN News Desk
Mukesh Ambani-led Jio Platforms’ ₹30,213-crore initial public offering (IPO) continued attracting strong investor demand on Thursday, October 22, 2026, with the retail investor portion becoming fully subscribed on the second day of bidding. The overall issue attracted bids exceeding four times the shares available, reinforcing investor interest in what is set to
Jio
Business

Jio IPO Fully Subscribed in Under Two Hours

By BPN News Desk
Mukesh Ambani-led Jio Platforms’ $3.2 billion initial public offering (IPO) was fully subscribed within two hours of opening for public bidding on Wednesday, October 21, 2026. The offering, India’s largest-ever IPO, attracted strong institutional demand and marked the first public share sale by Reliance Industries in two decades. Jio IPO Fully Subscribed Within