4856: What sparked Tata Trusts rift, LG’s historic IPO & India’s magnet push | MC Editor's Picks

Shapoorji Pallonji Group scrambles to repay $1.2 billion in debt, India’s IPO pipeline grows with Orkla India eyeing a billion-dollar listing, Pegatron expands its India footprint, the government weighs big insurance reforms, and Delhi records its cleanest October air in nearly a decade. All this and more in today’s edition of Moneycontrol Editor’s Picks.

In today’s Tech3 from Moneycontrol, Interview with Zoho founder Sridhar Vembu who talks about India’s Swadeshi tech movement, the importance of registering IP locally, and Zoho’s efficient approach to AI development. They also cover MEITY Secretary S. Krishnan’s vision for India as a global product nation and Foxconn’s massive Rs 15,000 crore investment in Tamil Nadu, creating 14,000 jobs.

Shapoorji Pallonji Group scrambles to repay $1.2 billion in debt, India’s IPO pipeline grows with Orkla India eyeing a billion-dollar listing, Pegatron expands its India footprint, the government weighs big insurance reforms, and Delhi records its cleanest October air in nearly a decade. All this and more in today’s edition of Moneycontrol Editor’s Picks.

In today’s Tech3 from Moneycontrol, Prosus steps up its travel tech game by acquiring a 10.1% stake in Ixigo and eyeing more, aiming to become the largest shareholder. Meanwhile, MeitY emphasises India’s global tech ambitions with a focus on building best-in-class products and fostering AI innovation. We also hear from Graphcore’s CEO Nigel Toon on their Rs 10,000 crore investment to create a major AI engineering centre in Bengaluru. Plus, former UK PM Rishi Sunak takes on advisory roles at Microsoft and Anthropic.

The government exists for all but the social sector is the only one that exists to represent the needs of those that need. It contributes to the well-being of 70-80 crore people in the country. Not just that but this sector, every year, manages $15-20 billion of private philanthropy. In today's episode, we dive into understanding how the social sector landscape is transforming through a strong focus on collaboration and advancing the public good. We dive into how a new generation is being equipped and empowered with both purpose and practical skills by professionalising Development Management to drive impactful social change across the country.

Indian markets are poised for a steady start this Friday after the Nifty ended near the 25,200 mark. The Gift Nifty is hinting at a muted opening but renewed Modi-Trump camaraderie could buoy market sentiment. Meanwhile, global cues remain mixed as Asian markets track Wall Street losses. The spotlight today is on TCS’s better-than-expected Q2 earnings and its ambitious AI plans, alongside Tata Elxsi’s steady quarterly performance. Also LG Electronics IPO creates history as it becomes the first-ever IPO in India to cross Rs 4 lakh crore mark in subscription. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.

In this edition of Editor’s Picks, we break down what sparked off Tata Trust’s rift, whether LG India’s IPO success reflects long-term sustainability, and India’s festive season spending habits. Also, on the death anniversary of industrialist Ratan Tata, find pieces by five writers who knew him well as they share memories of the legendary business leader.

Raymond Group is betting big on Andhra Pradesh with plans to establish aerospace and auto parts manufacturing facilities in the state. Tata Capital’s IPO was fully subscribed on the final day and most analysts remain confident about the company’s long term prospects. PM Modi pitched for India’s telecom sector, pushing for domestic innovations and manufacturing. In other news: gold ETFs set a record, Mizuho is nearing Avendus deal and Asus wants the top spot in the Indian laptop market.

Vikram Handa, founder of Epsilon Advanced Materials (EAMPL), joins us for a wide-ranging conversation about sustainable energy storage, battery material innovations, and the pursuit of a secure supply chain to power India’s green transition journey, among other things. Under Handa’s leadership, EAMPL has distinguished itself as the only anode & cathode manufacturer outside China for lithium-ion batteries. In 2018, the company had commissioned India’s first graphite anode material plant in Bellary, Karnataka, with a 78% lower carbon footprint compared to Chinese counterparts. With Handa at the helm, EAMPL is a strong contender for securing India’s battery materials future. 

Nifty bulls lose some steam after a four-day rally amid mixed global cues and caution ahead of Fed minutes. In today’s episode, we discuss what’s weighing on the markets, key Q2 updates from JLR and Titan, and why investors are rushing to subscribe to the LG Electronics IPO. Plus, PM Modi’s packed Mumbai schedule, the Tata Group’s internal rift, and our Voice of the Day with Sneha Poddar of Motilal Oswal Financial Services on why value retailers are shining bright.  Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.