Sensex jumps 453 points, Tata Motors surges 10% as new Brexit deal agreed

• Auto, banking and FMCG stocks led the gains
• Some selling pressure was seen in IT stocks

IPO looks uncertain right now, will explore REIT in future: Abhishek Lodha

• I believe that Mumbai is undergoing a kind of revitalization, said Abhishek Lodha
• There is an economic slowdown in the country, which we think will correct itself over time, Abhishek Lodha added

Britain, European Union reach Brexit deal

• 'We have a great new Brexit deal': British PM Boris Johnson
• The deal still needs to be backed by EU member states

Stocks in News: Mindtree, Bajaj Consumer, Exide Industries, DHFL

• Bajaj Consumer shares continued their rally for the second straight day as concerns around high-promoter debt eased
• Mindtree shares fell more than 2.5% in early deals

‘Trade for Free’ offer aims to lure rupee trading home to India

• Rupee trading onshore has been shrinking at the expense of offshore market
• India International Exchange (IFSC), also known as India INX, plans to waive commissions initially

Will oil companies’ Q2 numbers fuel investor confidence?

• State-run oil marketing companies BPCL, IOC and HPCL are expected to cough up a good set of numbers for the September quarter
• A sequential recovery in refining margin should help RIL’s refining business earnings

Most stocks that listed this year trade above issue price on better pricing

• Among firms that tapped the primary market this year, over 85% were trading above their issue price as of 15 October
• With the exception of Sterling and Wilson Solar Ltd and MSTC Ltd, all other stocks were trading above their issue price

Auto sales slump drags fortunes of auto parts makers downhill

• The after-market demand for components, which accounts for 18% of the industry turnover, has also slowed
• Automobile exports from OEMs were up by a paltry 1% year-on-year in the first six months of FY20

Tax dept issues ITR scrutiny notices. Here’s what to expect, how to file a reply

• For each notice from the tax department, a particular procedure needs to be followed to file a reply
• The department can pick up ITRs for scrutiny till up to six months from the end of the financial year in which the return was filed.

PMC Bank scam: Wadhawans ready to sell yacht, BMW, other assets to pay off dues

• Wadhawans own ultra-luxury cars such as a Rolls Royce Phantom, Bentley Continental and BMW 730 LD
• The Wadhawans have been remanded to judicial custody in the PMC Bank scam

FM promises more reforms before the end of the fiscal

• Our growth story is not hostage to performance in some quarters, says Nirmala Sitharaman at Columbia University’s School of International and Public Affairs
• The finance minister said strong growth can be sustained only if there is macroeconomic stability

End in sight for epic legal battle over Ayodhya as arguments end

• SC heard arguments for 40 days in the Ayodhya land dispute matter
• The judgement will come just a couple of weeks before the 27th anniversary of the 6 Dec demolition of Babri Masjid

Open to partnerships for JLR, but no plans to sell it: Chandrasekaran

• JLR has waned to such an extent that it had to launch a $3.2 bn savings plan and slash jobs worldwide
• The chairman of Tata Sons says he wants operational control of JLR

Reliance Jio alleges fraud by incumbent telcos to earn IUC revenue

Reliance Jio tells Trai that BSNL, Airtel, Vodafone Idea are masquerading landline numbers as mobile numbers to earn interconnect usage charges

Individual wealth creation in India slows to 9.62%: Karvy India Wealth Report

• Financial assets grew at 10.96% compared to a 7.59% growth registered by physical assets
• The report also noted the shift in the composition of savings towards financial assets

Mindtree plays catch-up in Q2, but growth trajectory is still a concern

• Mindtree’s revenues rose 3.2% sequentially, and margins posted healthy growth
• A sign of worry was the drop in the firm’s revenue productivity and an increase in attrition rates

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HDIL promoters seek nod to sell assets to repay PMC Bank loans

• These assets are mostly moveable assets that were recently attached by the ED, including a yacht, aircraft and 14 four-wheelers
• Also, the ED on Wednesday sought custody of Rakesh Wadhawan and his son Sarang in connection with the ₹4,355 crore scam

After Pakistan ATC mix up, Pak F-16 jets intercepted Delhi-Kabul SpiceJet flight

• The incident was reported when Pakistan airspace was not closed for India
• When the F-16s rounded up SpiceJet, the Pakistani jets and their pilots could be seen by passengers

PM Modi should use national relief fund to help PMC Bank 'sufferers': Manmohan

• PMC Bank crisis: He appealed to PM Modi, Devendra Fadnavis and FM Nirmala Sitharaman to look into it
• RBI, on 14th October, increased the withdrawal limit for customers of PMC Bank to ₹40,000

Microsoft's Satya Nadella got 66% salary hike. Here's how much he made last year

• Satya Nadella received a $1 million base salary jump and an increase in stocks
• When he took over from Steve Ballmer in 2014, Nadella took home $84.3 million

One cannot fix the economy without correct diagnosis of ailments: Manmohan Singh

• 'BJP governments both at centre and in Maharashtra have been unwilling to adopt people friendly policies'
• 'The government is obsessed with trying to somehow fix the blame on its opponents'

Film Review: 'Downton Abbey' will delight fans of the series

• Michael Engler's film, written by Julian Fellowes, picks up where season 6 had ended
• The estate is preparing for a royal visit by King George V

Odd-even in Delhi: Arvind Kejriwal announces rules, dates and fine

• Odd-even traffic rule will be implemented in Delhi from November 4 to 15, Chief Minister Arvind Kejriwal announced
• Any violation of the traffic rule would incur a fine of ₹4,000

SBI cards new feature explained in 10 points

• The facility has been launched on VISA platform and will function on any smartphone with Android OS KitKat version 4.4 and above
• To use SBI Card Pay, cardholders will have to do a one-time registration of their card on the latest version of SBI Card mobile app

If you cannot switch on your iPhone 6s, Apple will repair it for free

• Apple iPhone 6s series originally went on sale in September 2015
• Apple is offering a free service programme to repair iPhone 6s and iPhone 6s Plus devices that may not power on

Netflix reveals its biggest hits - TV shows, movies

• Netflix's 'Bird Box', a supernatural thriller starring Sandra Bullock, was seen by 80 million households in its first month
• Its top TV show in the past four quarters was 'Stranger Things'

Netflix restores faith just ahead of offensive by Disney, Apple

• Netflix has benefited from new seasons of a couple of its most popular shows
• Netflix is looking to stoke demand outside the US by investing more in international original series

Gold prices fall sharply today after new Brexit deal agreed

• Gold rates in India are down significantly from record highs hit last month
• Jewellers hope that the price correction will spur retail demand

GoAir Diwali sale: Flight tickets starts from ₹1,296

• GoAir sale: Customers can book tickets for international and domestic routes
• GoAir ₹1,296 flight ticket offer is valid for travel between 20th October and 23rd October 2019

TCS's new Chennai centre can monitor exams anywhere in India

• TCS's Chennai centre can oversee candidates and devices at exam venues
• The centre can track movement and devices carried by every candidate at any exam centre via a live CCTV feed

Princely Family of Liechtenstein’ investment platform bets on green energy

• Investment platform plans to invest up to $50 million in Canadian firm AMP Solar Group’s India unit
• It will acquire a significant minority stake in the green energy firm

A muted Q2 for home decor firms as revival still hinges on e-way bills

• A meaningful upside in shares of these companies from here on would be driven by improvement in demand and market share gains
• For the September quarter, analysts estimate that tile firms would post mid-single digit volume growth

Hong Kong nerves, weak retail sales data keep Wall Street on edge

• United Airlines gains on raising 2019 profit forecast
• BofA, PNC, BNY Mellon rise on strong results

Stocks to Watch: Mindtree, DHFL, Zee Entertainment, TVS Motor, BPCL

• Zee Entertainment will announce its earnings for the September quarter today
• ONGC is likely to sell its stake in HPCL

Four financial mistakes to watch out for in your 40s

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After IIMs, govt grants graded autonomy to top private engineering and B-schools

• AICTE notifies its decisions to categorise institutions into three categories based on their performance, excellence in domestic and international rankings and national accreditations
• The move will provide certain amount of parity in status and a level playing field to the PGDM institutions with IIMs, say experts

Special court issues production warrant against Chidambaram

• Move comes after ED arrests the former FM in the INX Media case after questioning him in Tihar jail
• CBI court directs Tihar jail authorities to produce P. Chidambaram before it on Thursday

'Hamara Bajaj' is back with electric scooter Chetak; sale starts from January

• The new Chetak will be available with two variants which will offer range of 85 kilometre and 95 kilometre, respectively
• Bajaj stopped manufacturing traditional scooters around 2009, in order to focus more on motorcycles segment

Impeachment probe uncovers high-level unease over Trump, Giuliani moves

• On Wednesday, a former aide to Secretary of State Mike Pompeo arrived to speak to the House impeachment panels behind closed doors
• Trump's 25 July phone call in which he pressed Ukraine's president to investigate the Bidens is at the center of the Democrats' inquiry

US Prez candidate Joe Biden has less campaign cash than top Democratic rivals

• While Biden leads most national public opinion polls, he has struggled to raise money and is relying heavily on wealthy donors
• US Senator Elizabeth Warren, who has emerged in opinion polls as Biden's chief rival for the nomination, has excelled at raising money online

IITs can hire foreign faculty without Home ministry, MEA approval

• IITs can hire foreign facilities for blocks of five years, according to official documents
• IITs are facing a shortage of faculty up to 35% and are now reaching out to countries including the US, Canada, Britain, Australia to hire professors

Rajiv Bajaj takes dig at rivals for trying to create EVs out of thin air

• The outspoken industry leader also had some harsh words for entrants who had not been related to the auto industry at all

The Nobel winner who couldn’t call himself Muslim

Anand Kamalakar’s ‘Salam: The First ****** Nobel Laureate’ follows the life of a Pakistani physicist who achieved great feats but was ostracized by his own countrymen

Streaming is the new big thing for film premieres

• Industry experts say streaming platforms could turn into dumps for films that find no takers
• India’s limited screen count is primarily responsible for film producers deciding against releases in theatres

RIL can become first Indian firm to hit $200 bn m-cap in 24 months, says BofAML

• In a report, the brokerage listed the key drivers necessary for Reliance to breach the milestone from current $122 billion market cap
• Entry into SME enterprise space with Microsoft, Jio's fiber broadband business will be crucial in next two years, says BofAML

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Kartarpur pilgrims to reach Wagah on 5 Nov

• Two batches of 2,500 pilgrims will leave on 7 Nov by bus to attend the inauguration ceremony on 9 Nov
• Pilgrims will depart from Wagah, the land border between India and Pakistan on the Pakistan side, for Gurdwara Janam Sthan at Nankana Sahib