Larsen & Toubro's power transmission & distribution division has received significant orders in West Asia worth Rs 2500-5000 crore. These include a 400kV super grid interconnection and a 400kV substation in UAE, as well as projects in Saudi Arabia to support renewable energy.
Regulatory ceilings on overseas investments have made it difficult for investors to put money into international equity schemes, leading to a significant premium of 12-27% over their net asset values. Despite this, the category has generated impressive returns of 26% year-to-date, ranking third after gold and silver schemes.
At the MCES, policymakers and experts discussed utilizing India's traditional arts and heritage to drive economic growth. They proposed treating culture as an investment opportunity and creating an 'Orange Economy' model. The 5Ps Framework and Policy Recommendations Report were unveiled, aiming to integrate cultural capital into economic policy for sustainable prosperity.
Foxconn, a key Apple supplier, will invest Rs 15,000 crore in Tamil Nadu, creating 14,000 high-value jobs in battery tech and AI-led manufacturing. The state has launched a platform to enhance collaboration with Foxconn, highlighting the company's confidence in Tamil Nadu's industrial ecosystem. This signals Foxconn's shift towards advanced manufacturing, research, and technology integration.
The Indian government's outstanding debt on sovereign gold bonds has reached a record Rs 1.5 lakh crore due to a 35% increase in gold prices this year. Despite this, there has been little premature redemption, and SGBs have helped decrease gold imports and alleviate pressure on the rupee exchange rates.
FNP's aggressive expansion caused losses in FY23, but under the leadership of CEO Pawan Gadia, the company has seen a sharp turnaround. With a focus on profitability, FNP plans to scale both domestic and international operations, including their successful quick commerce venture.
Hikal, a life sciences company, has opened a new HPAPI laboratory at its Pune Research and Technology Innovation Centre, expanding its CDMO capabilities. The lab is designed for complex oncology and specialty molecules, providing highly potent compounds for the pharmaceutical industry. With validation, safety, solid-state, flow chemistry, and synthesis labs also on site.
An FIR has been filed against Aaj Tak anchor Anjana Om Kashyap, India Today Group chairman Aroon Purie, and Living Media India Limited for hurting the sentiments of the Valmiki community. The complaint was filed by Bharatiya Valmiki Dharam Samaj, demanding Kashyap's arrest and an apology for her remarks. Kashyap denies the allegations, stating that the program was conducted ethically.
Shah Rukh Khan and son Aryan's collaboration on Netflix's 'The Ba***ds of Bollywood' has sparked both praise and controversy. The show, delving into nepotism and stardom in Indian cinema, has become a top streamed series. A cryptic Instagram post by the duo has fans eagerly anticipating the show's release, but it has also faced legal challenges.
BJP MP and Union Minister Suresh Gopi has offered to resign from his ministerial role due to a decrease in income caused by a failed film release. Gopi, a popular actor, joined the BJP in 2016 and won the 2024 Lok Sabha election. With his latest film flop, he wants to focus on acting again, leaving the BJP to decide his future.
Diwali Detox 2025: Health experts warn against the unhealthy eating habits during Diwali, which can lead to bloating, digestive issues, and weight gain. To counter this, they recommend incorporating detox drinks into your diet. These drinks include cumin water, cucumber detox water, coriander-curry leaf tea, buttermilk, and green tea. These drinks help with digestion and aid in weight loss
Hollywood movies are using social media trends to promote their films, with Indian-American comedian Aziz Ansari's new movie Good Fortune following suit, but in its own style. The film has been generating buzz since its premiere at the Toronto International Film Festival. Ansari's team of "angels" are spreading positivity and giving out free tickets across the US.
Mackenzie Scott, has emerged as a leading philanthropist with her no-strings-attached donations. Her recent $42 million donation to 10,000 degrees, a non-profit supporting first-generation learners, is the largest in the NGO's history. Scott, a celebrated novelist and graduate of Princeton, has a net worth of $41.9 billion and has pledged to redistribute her wealth in her lifetime.
Meta CEO Mark Zuckerberg is leading one of the fiercest recruiting drives in Silicon Valley history. Zuckerberg has been on a mission to build an AI “dream team,” poaching leaders from Anthropic, Google DeepMind, Apple, and even OpenAI.
Famous YouTuber MrBeast made a surprise appearance at the University of North Carolina at Chapel Hill, gifting Indian-origin student Vinit Satasia with $30,000 in a giant coin flip. The philanthropic YouTuber also gave generous cash prizes to other students and the professor, making it a memorable day for the university community.
JM Financial has given Tata Capital a positive rating and a target price of Rs 360, citing its strong backing from the Tata group. The company's diverse portfolio and growth in assets under management, along with the recent merger and expanded distribution network, are expected to bring benefits. Although there was a temporary decline in profitability due to the TMFL merger.
A BMTC bus in Bengaluru went out of control after the driver suffered a seizure, causing it to ram into nine vehicles. The incident, captured on CCTV, has gone viral on social media. Fortunately, no injuries were reported, and the driver is now out of danger. Traffic police quickly cleared the vehicles to ensure smooth movement on the road.
Kiyosaki, author of Rich Dad Poor Dad, supports Trump's expansion of the 401(k) plan, benefiting retirees and alternative investors. He said tha he, along with Elon Musk and Trump, invests in better assets from the Cashflow Quadrant's Business Owner and Investor side. Kiyosaki, however, cautioned that one should carefully choose the assets they invest in.
The Election Commission India has imposed limits on expenses for political parties during the Bihar assembly elections, including a cap on prices for items like tea and samosas. Parties must report donations over Rs 20,000 and submit expense reports within 75 days. Candidates are limited to Rs 95 lakh for Lok Sabha elections and Rs 40 lakh for state assembly polls.
Taylor Swift's new album, "Life of a Showgirl," has caused a stir since its release on October 3, topping charts and breaking streaming records. While fans have been deciphering the meaning behind the songs, critics have raised concerns about the use of AI-generated content in her promotions. Despite its success, the album has faced backlash from fans.
55-year-old Naushad Khan, father and coach of cricketer Sarfaraz Khan, defied age barriers by losing 38 kg in 6 months through dietary changes and a rigorous fitness routine. His goal was to feel youthful and be able to play with his grandchildren. His transformation serves as inspiration for others to prioritize their health and fitness goals.
Tata Group's N Chandrasekaran has been approved for a third term by Tata Trusts, the first time a group executive will continue after retirement. This decision was unanimously made by Trusts' members, who value continuity for the group's business overhaul. Under Chandrasekaran's leadership, the group has seen growth in revenue and profit, and expanded into new sectors.
As Diwali approaches, India is filled with anticipation and preparations for the festival of lights. Families are making checklists and shopping for new outfits, puja essentials, and groceries. The tradition of buying gold during Diwali is deeply ingrained in Indian culture and also has many practical usages. So it is important to know how to verify the purity and authenticity of gold. Here is a detailed guide.
The Supreme Court has postponed the hearing of Vodafone Idea's plea against additional AGR demands by DoT until October 27. The plea aims to dismiss the demands and instruct DoT to review and reconcile all AGR dues. Vodafone Idea argues that calculation errors have caused duplicate entries and their previous plea to correct them was denied.
Palestinian journalist Saleh Aljafarawi was killed while covering the turmoil in Gaza City. His death comes after US President Trump announced a ceasefire plan between Israel and Hamas. Aljafarawi was known for livestreaming scenes from Gaza and was fatally shot by armed militia. Footage of his body in a press flak jacket has been shared by activists.
Salman Khan's 2025 release, Sikandar, failed at the box office, grossing only Rs 211 crore worldwide. During a recent episode of Bigg Boss 19, Khan took a dig at the film's director, AR Murugadoss, who had previously blamed the star for the film's failure. Khan also revealed that producer Sajid Nadiadwala had escaped from the criticism.
Motilal Oswal's report identifies promising stocks such as capital goods, quick commerce, and retail sector companies. One stock has a potential upside of 26%, and Avenue Supermarts receives a buy rating with a target price of Rs 5,000 per share. Swiggy and Kirloskar Oil Engines also receive buy recommendations with target prices of Rs 550 per share.
Waaree Renewable Tech saw a 13.5% increase in share price, reaching an all-time high of Rs 1,287 on the NSE. This was driven by a more than doubling of their consolidated net profit to Rs 116.34 crore in Q2 FY26. The company's strong performance was attributed to robust execution, sectoral tailwinds, and expansion into new energy verticals. Their order book stands at 3.48 GWp.
Anime's popularity is growing globally, especially in India, where it is surpassing other entertainment genres. The world's largest anime library, Crunchyroll, reports a significant increase in viewership in India. A recent study commissioned by Crunchyroll reveals that over 1.5 billion people are actively watching or interested in anime.
Delhi's Vasant Kunj area is facing a severe water shortage, which may lead to the shutdown of three top malls - Ambience Mall Vasant Kunj, DLF Promenade, and DLF Emporio - right before Diwali. This could greatly impact their business as they host popular brands and experience a surge in sales during the festive season. The water scarcity has also affected the food courts.
Dr Sudhir Kumar, a neurologist from Bihar, lost 30 kg through simple lifestyle changes like running, improving sleep duration, and following a healthy diet. His journey not only inspired millions but also improved his overall health parameters like blood pressure, heart rate, and blood sugar levels.
The viral video from Kaun Banega Crorepati 17 shows contestant Ishit Bhatt confidently answering questions without waiting for options, impressing host Amitabh Bachchan. However, his winning streak ends when he gets a question wrong. The episode also introduces Angel Naithani, a sixth-grade student who becomes a rollover contestant.
Amid fears that the US government shutdown will drag on for the third week straight, nearly 750,000 federal employees have been furloughed, while hundreds of thousands more are working without pay, the Guardian reported on October 12.
Rupee falls 5 paise against US dollar due to strong American currency and risk-off tone globally. RBI monitoring depreciation of USD INR pair towards 88.80, hovering near all-time closing low. Market sentiment shaped by global cues and RBI's policy stance. Dollar index eases amid softer US-China trade tensions. Sensex and Nifty also decline. India's forex reserves fall to USD 699.96 billion.
Radhakishan Damani, India's retail king, is worth more than $17 billion thanks to his successful IPO of Avenue Supermarts, also known as DMart. His real-estate empire includes a luxurious bungalow worth Rs 1000 crore, 28 apartments at Worli's Dr Annie Besant Road worth Rs 1238 crore, and a beachfront resort in Alibaug.
Voice actor Aleks Le, known for his roles in popular anime, met English actor Charlie Cox at New York Comic Con 2025. Cox inspired Le's high school acting debut as Daredevil. Fans were excited to see the two "variants" together and Le expressed his gratitude for the opportunity.
LG Electronics India's IPO will debut on October 14, with a GMP of 32%. The issue was subscribed 54.02 times and managed by top investment banks and K. It is a highly anticipated listing of one of the biggest consumer electronics issues of the year, but no proceeds will go to the company as it was entirely an offer for sale. Investors are eagerly awaiting its listing.
The NDA has released its seat-sharing plan for the upcoming Bihar Assembly elections, with BJP and JD(U) each contesting 101 seats, LJP (Ram Vilas) getting 29 seats, and RLM and HAM receiving 6 seats each. RJD leader Mrityunjay Tiwari warned that BJP will eliminate JDU after the elections. RLM's Upendra Kushwaha has expressed disappointment over the allotment of seats.
Donald Trump is set to attend the Gaza peace summit alongside Egyptian President Abdel Fattah al-Sisi, who will co-host the meeting of more than 20 world leaders. The summit will take place in Sharm el-Sheikh on Monday, following Trump’s visit to Israel, where he will speak at the Knesset and meet families of hostages taken during the recent conflict.
The 2025-26 NBA Regular Season will start with some players sitting out due to health concerns. The opening night will feature Oklahoma City Thunder vs Houston Rockets and Golden State Warriors vs Los Angeles Lakers. Other notable games include Boston Celtics vs New York Knicks, San Antonio Spurs vs Dallas Mavericks, and Cleveland Cavaliers vs Philadelphia 76ers.
Indian equity indices opened lower due to renewed trade tensions between the US and China. The NSE Nifty 50 and BSE Sensex opened 0.29% lower, while Bank Nifty opened 0.20% lower. Small and midcap stocks also opened negatively. However, global markets may stabilise as President Trump's latest comments suggest the trade war may be averted.
Kantara Chapter 1, a mythological action-thriller directed by Rishab Shetty, has become a box office hit, earning over Rs 500 crore in just 11 days. The film has been praised by industry experts and has performed exceptionally well in all languages, with the Kannada version leading the way. Despite crossing the Rs 600 crore mark globally, it may not have made a profit yet.
Naveen Jindal, chairman of Jindal Group and Kurukshetra MP, criticised IndiGo after his daughter's custom-built wheelchair was returned in a "bent, unusable" condition. Sminu Jindal, who was returning from a fest in Goa, expressed her disappointment on social media and suggested that airlines create a dedicated, protected space on flights for wheelchairs and also sensitise their staff.
Prashanth Shenoy, a former H-1B visa holder in the US, made the brave decision to return to India and build products from his home country. Despite initial doubts, he has now created a successful company and is living the American-Indian dream. He said many are giving up on H-1B visa not just to build American dream but American-Indian (AI) dream.
Days after Spirit Airlines filed for bankruptcy and began restructuring, another airline, Verijet, a private jet startup, filed for Chapter 7 bankruptcy in Florida’s Southern District Court. The filing comes just weeks after the sudden death of founder Richard Kane and mounting lawsuits against the company.
HCLTech to announce Q2 results today, senior management to hold audio conference call at 7:30 p.m. (IST). Key factors to watch out for include impact of H-1B visa fee hike and US tariff, steady growth in BFSI and Hi-Tech segments, strong deal TCV/pipeline, and margin expansion. Other factors to watch include performance of services segment and progress on AI-driven transformation.
Two people were killed on Sunday afternoon after a small plane crashed near Hicks Airfield, north of Fort Worth, Texas, the NYT reported. According to the authorities, the plane crashed into several trailers and campers, setting them and a nearby building on fire before bursting into flames itself.
US VP urges China to be reasonable in trade talks, claiming US has advantage but hoping for peaceful resolution. Trump threatens tariffs and software export blocks, causing tension. China calls for negotiations and vows to protect their interests.
As the US government shutdown drags into its second week, millions of taxpayers are growing anxious about whether the IRS will extend upcoming tax deadlines.
Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.