Morning Edition

November 3, 2026

Simplismart raises $14 million Series B with Nvidia backing Bengaluru AI inference startup Simplismart raised $14 million led by Dallas Venture Capital, with Nvidia and Accel in, at a reported $100 million valuation.
Aditya Birla Capital Q2: NBFC profit tops Rs 1,000 crore Aditya Birla Capital's NBFC arm earned Rs 1,008 crore in Q2 FY27 as assets grew 26.5% and stressed loans fell to 2.31%, company data shows.
FDA approves Sun Pharma's Ilumya for psoriatic arthritis The US FDA approved Sun Pharma's Ilumya for adults with active psoriatic arthritis on 30 October 2026; phase 3 response rates were not released.
Info Edge: Oberoi steps down, Bikhchandani returns as group CEO Info Edge CEO Hitesh Oberoi leaves on 2 December after 16 years; founder Sanjeev Bikhchandani takes over as group CEO, alongside a Q2 profit of Rs 649.8 crore.
SEBI proposes monitoring agency for every issue, with demat freezes SEBI's 13 October consultation paper would make a monitoring agency mandatory for every share issue and let exchanges freeze promoter demat accounts.
SEBI ends mandatory call recording for analysts' institutional clients From 8 November 2026 research analysts need not record calls with institutional clients, but other interaction records and five-year retention stay.