All the top 10 most valued firms suffered a combined erosion of ₹1,93,181.15 crore in market valuation last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in line with the bearish trend in equities.

In a holiday-shortened last week, the BSE benchmark tanked 1,614.82 points or 2.46%.

Tata Group will soon start making Apple iPhones in India for domestic and global markets, Union minister Rajeev Chandrasekhar informed the masses on X on Friday. The information that Tata was planning to assemble iPhones in India had first been revealed in May this year. According to reports, the Wistron Corp -- that was making iPhones in India -- agreed to sell its manufacturing unit to the salt-to-software conglomerate. Here is what we know about the deal.

The bears' onslaught on Dalal Street extended to the sixth session on October 26 amid rising US bond yield and worsening situation over the conflict between Hamas and Israel. Most indices were down over a percent however, smallcap index saw a smart recovery but still closed lower.

Investors were left poorer by Rs 2.95 lakh crore as their wealth reflected by the total market cap of BSE-listed companies slipped to Rs 306.27 lakh crore. In the last six sessions, investors have lost Rs 17.50 lakh crore.

Revenue Secretary Sanjay Malhotra will destroy foreign cigarettes on Wednesday (October 25). 

Revenue Secretary and the CBIC chairman will destroy 80 lakh foreign sticks worth Rs 10.06 crores.

Of these, 76 lakh foreign cigarettes worth Rs 9.38 crores have been seized by the Directorate of Revenue Intelligence.

Vedanta Ltd. has picked the chief financial officer of ed-tech titan Byju's to replace the current finance head, who is said to have quit after a few months in the job, ahead of an ambitious restructuring at Anil Agarwal's mining conglomerate, according to people familiar with the matter.

Ajay Goel will be returning to Vedanta, which he had quit in April, in time to help with splitting the metals firm into six listed companies, they said, asking not to be named as the information is not public. Sonal Shrivastava, who had joined the firm in June, informed Agarwal about her plan to quit last month, and a decision on her departure is expected as early as this week, Bloomberg reported on Monday.