Elon Musk now wants an Amazon rival to challenge Jeff Bezos' empire. Here's why

Economic Times - Oct 15, 2026

In a recent post on X, Elon Musk proposed the intriguing notion of launching an Amazon rival, sparked by frustrations over Amazon's obstruction of Grok bots from placing orders. This latest comment underscores Musk's continuing rivalry with Jeff Bezos in both tech and space industries, while users on X share their excitement about the potential new service, reflecting the competitive and innovative landscape of e-commerce.

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Delhi High Court refuses to stop CJP's October 16 protest at Delhi's Connaught Place
Oct 15, 2026
Delhi High Court refuses to stop CJP's October 16 protest at Delhi's Connaught Place

The Delhi High Court has permitted the Cockroach Janta Party to hold a protest at Connaught Place. A vendor had requested the police's regulation of the protest due to concerns about public disturbances. The court acknowledged the assurance from the police regarding oversight of the protest activities. CJP founder Abhijeet Dipke called for supporters to join with national flags. This protest is significant as it coincides with the Dussehra weekend.

Delhi High Court refuses to stop CJP's October 16 protest at Delhi's Connaught Place
Oct 15, 2026
Delhi High Court refuses to stop CJP's October 16 protest at Delhi's Connaught Place

The Delhi High Court has permitted the Cockroach Janta Party to hold a protest at Connaught Place. A vendor had requested the police's regulation of the protest due to concerns about public disturbances. The court acknowledged the assurance from the police regarding oversight of the protest activities. CJP founder Abhijeet Dipke called for supporters to join with national flags. This protest is significant as it coincides with the Dussehra weekend.

Anthropic said to target mega-IPO before thanksgiving holiday
Oct 15, 2026
Anthropic said to target mega-IPO before thanksgiving holiday

The firm behind Claude could begin formal IPO marketing as early as the week of Nov. 9, targeting trading before Thanksgiving

Sean Diddy Combs’ prison altercation with drug lord puts spotlight on $55 million Miami mansion with 10 bedrooms, pool, private dock, spa and basketball court
Oct 15, 2026
Sean Diddy Combs’ prison altercation with drug lord puts spotlight on $55 million Miami mansion with 10 bedrooms, pool, private dock, spa and basketball court

Sean Diddy Combs’ reported prison altercation has brought renewed attention to his $55 million Miami mansion, which features 10 bedrooms, 12 bathrooms, a swimming pool, a private dock and a basketball court. The music mogul used the Star Island property as collateral in his unsuccessful $50 million bail bid before selling it in July 2026.

Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue
Oct 15, 2026
Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue

Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.

Rubio’s India visit to focus on business, include Reliance meeting in Jamnagar: US envoy Sergio Gor
Oct 15, 2026
Rubio’s India visit to focus on business, include Reliance meeting in Jamnagar: US envoy Sergio Gor

US Secretary of State Marco Rubio is set to visit India from October 17 to 22. He will engage with Indian government officials in Mumbai and meet representatives from Reliance Industries in Jamnagar. This visit aims to enhance energy cooperation between the US and India, reflecting the increasing bilateral trade. Rubio's trip follows his previous visit in May for the Quad Foreign Ministers' meeting.

Rubio’s India visit to focus on business, include Reliance meeting in Jamnagar: US envoy Sergio Gor
Oct 15, 2026
Rubio’s India visit to focus on business, include Reliance meeting in Jamnagar: US envoy Sergio Gor

US Secretary of State Marco Rubio is set to visit India from October 17 to 22. He will engage with Indian government officials in Mumbai and meet representatives from Reliance Industries in Jamnagar. This visit aims to enhance energy cooperation between the US and India, reflecting the increasing bilateral trade. Rubio's trip follows his previous visit in May for the Quad Foreign Ministers' meeting.

SoftBank-backed Starfish gets ₹88.3 crore from AceVector IPO exit
Oct 15, 2026
SoftBank-backed Starfish gets ₹88.3 crore from AceVector IPO exit

AceVector’s ₹420 crore IPO was subscribed 4.93 times, with the company set to list on the BSE and NSE on October 5

SEBI examining position limits for non-agri contracts to boost liquidity
Oct 15, 2026
SEBI examining position limits for non-agri contracts to boost liquidity

The regulator is also working to reduce structural friction in commodity markets

Nifty touches 23,000 as India bucks Asian rout; Yes Bank, IDBI crash on rulings
Oct 15, 2026
Nifty touches 23,000 as India bucks Asian rout; Yes Bank, IDBI crash on rulings

Large-cap buying lifted benchmark indices, but falling midcaps, smallcaps and weak market breadth raised questions about the strength of the recovery

PDA-Muslim Yadav-Gen Z combination will wipe out BJP: Akhilesh Yadav
Oct 15, 2026
PDA-Muslim Yadav-Gen Z combination will wipe out BJP: Akhilesh Yadav

Samajwadi Party president Akhilesh Yadav aims to broaden the anti-BJP coalition in Uttar Pradesh ahead of the 2027 assembly elections. He says the unison of Muslim-Yadav, backward classes and a growing number of disgruntled Gen Z voters would remove BJP from power. Yadav questions why people in plain clothes who attacked the protestors were not arrested. The SP leader also accuses the Centre of failing to protect Indian citizens during the conflict between the United States and Iran.

Jio partnership helps Google’s Gemini adds 13 million paid subscribers in India, Akash Ambani says
Oct 15, 2026
Jio partnership helps Google’s Gemini adds 13 million paid subscribers in India, Akash Ambani says

Akash Ambani said Reliance Jio’s partnership with Google on Gemini goes beyond distribution to create new markets, drawing a parallel with Jio’s approach to data. Speaking at Jio’s IPO press conference on Thursday, he said the collaboration had resulted in Gemini adding 13 million new subscribers to its paid service.

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