DiscoverBusinessLine PodcastsBL Morning report: October 16, 2025
BL Morning report: October 16, 2025

BL Morning report: October 16, 2025

Update: 2025-10-16
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Hit the ground running this Thursday with the week’s biggest business updates!




Hyundai India to invest ₹45,000 crore – The company will launch 26 new models, including EVs, hybrids, MPVs, and SUVs, aiming for a 15% passenger vehicle market share; Genesis luxury brand debuts in 2027, with Tarun Garg as MD & CEO from 2026.




Axis Bank Q2 profit falls 26% – Higher provisions for bad loans, especially in unsecured segments, weigh on earnings; net interest income rises slightly, gross NPA improves to 1.46%, and shares close 0.6% lower.




Tata Trusts rejects Tata Sons listing – Citing concerns over voting rights, the Trusts oppose the listing while remaining open to an orderly exit for the Shapoorji Pallonji Group, which holds 18.4% and faces ₹52,000 crore debt.




Coinbase invests in CoinDCX – The deal values the Indian crypto exchange at $2.45 billion, supporting product innovation, user growth, MENA expansion, and educational initiatives to strengthen compliant crypto adoption.




Rupee recovers 75 paise to 88.06 – Supported by a weak dollar, falling crude, domestic market gains, and likely RBI intervention; Sensex jumps 575 points, Nifty rises 178 points, with a $32.1 billion September trade deficit.

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BL Morning report: October 16, 2025

BL Morning report: October 16, 2025

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