Savings Effect

L&T: The company’s subsidiary secured a major order from DVC-CIL Power for the main plant package of the 1,600 MW Chandrapura thermal power project in Jharkhand.

Dixon Technologies: The company entered a 60:40 JV with Gemtek Technology to manufacture optical transceivers, including SFP and BOSA products, in India.

Amazon makes fresh job cuts, mainly in retail division The cuts are the latest in a series of small reductions since a larger round of 30,000 job cuts that began last year and continued into January.

Ola Electric approves Rs 1,000 crore rights issue at Rs 27 per share The record date has been fixed as October 13, 2026, to determine shareholders eligible to receive rights entitlements.

OM POWER TRANSMISSION: CO RECEIVES LETTER OF INTENT FROM GUJARAT ENERGY TRANSMISSION CORPORATION FOR 220KV D/C TRANSMISSION LINE; CONTRACT VALUE ₹78.84 CRORES; EXECUTION PERIOD OF 24 MONTHS

IndiGo’s Pune-Bhubaneswar daily direct flights to begin from October 25

Haryana signs MoU to take cloud and data centre services to global markets, host overseas data

Hical Technologies, Safran explore joint venture to make Rafale systems in India

Aaditya Thackeray says Mumbai Airport’s proposed redevelopment should happen without ‘fleecing’ travellers

Stock market prediction for Thursday, 8 October, 2026: Gift Nifty was trading around the 22,557 level, down nearly 35 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.