Mahindra Group unveils ambitious plans for automotive business, targeting nearly threefold revenue growth by FY30. Aims to become world's fastest-growing SUV brand with upcoming launches and portfolio expansion. Revenue guidance of Rs 2.27 lakh crore by FY30, eightfold growth from FY20.
Tata Consultancy Services and TPG have joined forces to invest Rs 18,000 crore in TCS's new AI data centre unit, HyperVault. This partnership will focus on providing high-density compute and energy-efficient infrastructure for hyperscalers, AI companies, and large enterprises.
The Ministry of Steel has introduced 'SARAL SIMS' to simplify the registration process for MSMEs and small importers under the Steel Import Monitoring System. This new system allows for a single annual number and unlimited steel imports. The regular SIMS process has also been made easier with fewer mandatory fields and no need for a No Objection Certificate from the Ministry.
The Ministry of Statistics and Programme Implementation is revamping key economic indicators like GDP, IIP, and CPI in 2026 to improve the accuracy and credibility of India's economic data. Secretary Saurabh Garg assures that the new series will use advanced methods and tap into new databases, addressing concerns of volatility and credibility.
Amazon Pay India CEO Vikas Bansal talks about the company's comprehensive payments ecosystem, covering UPI, credit cards, pay-later, wallet, travel bookings, and bill payments. He highlights the company's efforts to overcome the perception of being just an "in-app feature" and its success in Tier 2 and Tier 3 cities.
Shreyasi Singh, a successful sportsperson, joined Bihar Chief Minister Nitish Kumar's cabinet as a minister. She has a strong political background and has won the 2020 and 2025 Bihar Legislative Assembly elections by a significant margin. Singh has a decorated career in shooting, including a gold at the 2018 Commonwealth Games.
Reliance Group has cut ties with Reliance Communications and Anil Ambani after the ED attached more assets in a money laundering investigation. Anil Ambani has not been on the Boards of Directors for Reliance Infrastructure or Reliance Power for 3.5 years. The ED has now attached assets worth over Rs 1,400 crore, bringing the total attached assets to Rs 9,000 crore.
Experts warn against relying on wearable air purifiers to combat Delhi's winter air pollution spike. These devices are not scientifically certified and may not be effective in real-world conditions. Instead, experts recommend using established methods like N95 masks and HEPA filters.
BJP leader Vanathi Srinivasan accused the DMK government of submitting a deliberately faulty Detailed Project Report for the Metrorail project in Coimbatore. She also stated that the project will only happen after the NDA forms government in Tamil Nadu in 2026.
JSW Energy has been approved by Raigarh Champa Rail Infrastructure's creditors to acquire the debt-ridden entity. This follows their successful acquisition of KSK Mahanadi Power Company Ltd in March, giving them indirect ownership of RCRIPL. The company has received a Letter of Intent from the Resolution Professional for the transaction.
The October Index of Eight Core Industries (ICI) remained stagnant, with four sectors experiencing a decline. Fertilizers, steel, cement, and electricity were the top performers, while coal, crude oil, natural gas, and refinery products saw a decrease in output.
By FY30, renewable energy will contribute 35% of power generation with a 200 GW increase in capacity. Timely project implementation, transmission infrastructure development, and PPAs are crucial for success. However, there is a decline in project bids and PPAs, raising concerns about execution and grid stability.
After a decade of dating, South Korean actors Kim Woo Bin and Shin Min Ah are getting married, confirmed by their agency AM Entertainment. The couple first met on a fashion brand ad shoot in 2015 and have overcome obstacles, including Woo Bin's cancer diagnosis. Fans and the K-entertainment industry are thrilled for their upcoming wedding on Dec. 20.
CAG issues directive to harmonize Object Heads of Expenditure across Union and State governments by FY 2027-28, addressing long-standing inconsistencies and improving budgeting and accounting systems. Deputy CAG highlights progress on Monthly Civil Accounts reform, advancing rendering dates to 10th and 15th of the following month in certain states.
ICICI Prudential AMC is waiting for regulatory clearance on their ₹10,000-crore IPO and is focused on capex and consumption stories. CIO Anand Shah manages Rs 63,807 crore and believes Indian markets are still trading at a 9% premium.
Lawmakers are disappointed with the Labour Ministry's failure to revise the National Floor Level Minimum Wage (NFLMW) for eight years, despite it being expected to be revised every two years. The NFLMW was introduced in 1991 to create a minimum wage system and bridge gaps across India.
Verizon, a major U.S. wireless carrier, will cut 13,000 jobs to reduce costs and improve operations, according to new CEO Dan Schulman. The decision is driven by the need to streamline operations and address customer issues, while facing competition and investing in 5G technology. A career transition fund will be available for affected employees.
Saudi crown prince Mohammed Bin Salman Al Saud, with a net worth of $1 billion and control over the $925 billion Public Investment Fund, leads a lavish lifestyle with a $500 million yacht and a $300 million Château. On a visit to the US, he was welcomed with a black-tie dinner party attended by notable figures.
India's crude imports from Russia will decrease after November 21 due to sanctions, but refiners are working to find alternative supply sources. Russian crude will still be available through unclear channels, and the future of this trade will be impacted by how strictly Western nations enforce sanctions. Recent tanker activity suggests a change in Russian trading tactics.
West Bengal CM Mamata Banerjee has written to the CEC expressing her concerns about the Special Intensive Revision (SIR) exercise in the state. She called it "unplanned" and "coercive" and highlighted the mounting work pressure on those working on it. Banerjee also mentioned the death of an anganwadi worker who was serving as a booth-level officer, citing the "human cost of SIR mismanagement".
Mamata Banerjee, Chief Minister of West Bengal, has raised concerns about the Special Intensive Revision exercise being conducted in a chaotic and dangerous manner. She has urged the Chief Election Commissioner to halt the exercise and reevaluate its methodology and timelines.
TCS and TPG have formed a joint venture to establish data centres in India, investing Rs 18,000 crore. TCS will collaborate with TPG to construct advanced AI data centres and create a subsidiary. Other major Indian companies like Adani and Reliance Industries are also investing in this sector. This is a significant move for TCS, known for its low capital expenditure approach.
India's defence production reaches record high of Rs 1.54 lakh crore, with exports at Rs 23,622 crore. Private sector dominates exports, while PSUs account for 77% of production. 193 defence contracts worth Rs 2.09 lakh crore signed in FY25. India aims to achieve Rs 3 lakh crore in defence manufacturing and Rs 50,000 crore in exports by 2029.
Motilal Oswal, a domestic brokerage firm, predicts a 17% upside in one of its recently picked stocks. The firm is bullish on Reliance Industries, with its new energy business expected to scale up in FY27. L&T is expected to see growth in the Middle East market, while Happy Forgings is likely to post steady performance and an earnings CAGR of 22% over FY25-28.
Donald Trump, the 45th President of the US, has never consumed alcohol due to a family tragedy - his brother's death from alcoholism. He has a strict no alcohol, no drugs rule for his children and believes it can hinder one's potential. His abstinence could also be protecting him from potential harm.
The Index of Eight Core Industries (ICI) remained steady at 162.4 in October, with gains in refinery, fertiliser, steel and cement production offset by declines in coal, natural gas, and electricity generation. These eight industries account for 40.27% of India's industrial production index.
PVR INOX, a leading multiplex chain, is transforming cinemas into social spaces by blending movies, design, and lifestyle. Its latest luxury multiplex in Delhi offers unique amenities such as a nail bar, gaming arena, lounge, perfumery corner, and cafe.
Shubman Gill's participation in the second Test against South Africa is uncertain due to a neck injury. The BCCI is waiting until the last minute to decide on his availability. His absence in the first Test had a big impact, but the batting coach is confident in the team's depth. Dhruv Jurel may replace Gill, pending a fitness test.
The November IPO season saw new-age tech companies like Orkla India, Lenskart Solutions, Groww, Pine Labs, and PhysicsWallah making their debut. While some faced scepticism over their valuations, others experienced initial surges before correcting. PhysicsWallah had a strong listing but faced a decline afterwards.
Niti Aayog member Ramesh Chand suggests improving warehouse infrastructure and tapping into the export market to meet the growing demand for agricultural products. He emphasizes the importance of regulations to influence investment decisions and prevent food losses. With a predicted rise in agricultural production, India's agriculture sector can maintain a steady 4% growth
An experienced IIT graduate lost their job due to company restructuring and has been struggling to find new opportunities despite using premium services on professional networking sites. With only a 2-month runway and a family to support, the person is facing a dire situation after 7 months of unsuccessful job search.
Transrail Lighting, a top EPC company in the power transmission and distribution industry, secured a Rs 548 crore contract from a Middle Eastern customer. This boosts the company's order book to Rs 4,285 crore for FY26, demonstrating significant growth in key business areas. In Q2 FY26, the company saw a 65% YoY increase in profits and a 43% YoY increase in revenue.
Reliance Infrastructure, under Anil Ambani's leadership, has established a new Board of Management to enhance governance and strategic oversight. The board will comprise of top executives and business leaders and will prioritize investments in defence, renewable energy, and power distribution.
Indian equity benchmarks closed higher on Thursday, with the Nifty 50 and BSE Sensex rising 0.54% and 0.52%, respectively. The Nifty Bank also settled higher, while small-cap and mid-cap stocks closed lower. Optimism around India-US trade talks and progress on phase-1 agreements, along with strong global cues, drove the market sentiment.
Supreme Industries has confirmed that GST authorities conducted search and inspection proceedings at its offices in Nariman Point, Andheri East, and Khopoli. The inquiry covers financial and insurance information, but the company is cooperating fully and does not expect any major impact on its business. The stock price has dropped by almost 24% this year.
Indian-American lawyer Anuj Dixit has withdrawn from his US Congressional bid for a California House seat due to district changes under Proposition 50. Despite raising $430,000 and being a vocal opponent of corporate PACs, Dixit is determined to protect individual voices in democracy. He would have been the first LGBTQ Indian American elected to Congress if he had won.
JPMorgan turns bullish on seven banks including ICICI, Kotak, and SBI, projecting up to 26% upside through FY26–FY28. The report highlights clean balance sheets, margin expansion, and stable growth in India’s banking sector.
The Nashik Trimbakeshwar Kumbh Mela Development Authority has approved the expansion of the Nashik (Ozar) airport before March 2027, in preparation for the upcoming Simhastha Kumbh Mela. The expansion, estimated to cost Rs 556 crore, will be carried out by HAL and will increase the airport's capacity from 300 to 1,000 passengers per hour.
HAL and Hensoldt AG have signed a technology transfer agreement for sensors and guidance systems at the Dubai Airshow. This partnership will enhance the indigenous ecosystem for developing technology for obstacle collision avoidance systems in India. HAL is expected to deliver the first batch of 8 Tejas Mk1A aircraft within the next 24-36 months, with production ramping up later.
Edtech company PhysicsWallah experienced a tumultuous first week on the stock market, with a strong debut followed by two consecutive days of decline. The stock dropped over 11% intra-day, resulting in a loss of Rs 9,700 crore in just three sessions. Concerns about the profitability of the company's offline classes and questions about its valuation have been raised by analysts.
Indian education platform PhysicsWallah, founded by Alakh Pandey and Prateek Maheshwari in 2016, disrupted the industry by offering free competitive exam education on YouTube. Their app launch in 2020 and recent public listing added Rs 12,354 crore to investor wealth. Both founders, now billionaires, credit their humble backgrounds and Maheshwari's technical expertise for their success.
Indian-origin McDonald's employee Pargan Singh, better known as "Balbir," celebrated his 40-year work anniversary at the Saugus outlet in Massachusetts. He was surprised with a $40,000 gift cheque, a limousine ride, and red carpet treatment. Singh started working for the franchise in 1985 and now runs four McDonald's locations
Jammu and Kashmir police's State Investigation Agency (SIA) raided Kashmir Times office for promoting anti-national activities. A case has been filed against the newspaper and its promoters, who may face questioning. Authorities also inspected lockers at a government medical college in Anantnag after the Delhi blast and recovery of arms. The crackdown on the Al-Falah Group is ongoing.
Ariana Grande announced on Amy Poehler's podcast that her upcoming tour will be her last for a while as she shifts her focus to acting and theatre. She is promoting her latest release, 'Wicked: For Good', and expressed her excitement for the smaller scale 41-date tour, which she hinted will be her 'last hurrah' before a long hiatus from music. Tickets are available for purchase.
The Enforcement Directorate has attached assets worth Rs 1,400 crore in a money laundering probe against Anil Ambani and his companies, taking the total to Rs 9,000 crore. Yes Bank invested Rs 2,965 crore and Rs 2,045 crore in Reliance Home Finance and Reliance Commercial Finance respectively, leading to allegations of diversion and laundering of public funds. Supreme Court involved.
Cristiano Ronaldo attended a dinner at the White House hosted by Donald Trump, causing a stir due to his surprise appearance and appearing taller than Trump. Netizens speculated about the height difference, with Trump jokingly defending himself and saying his son now respects him more.
GE Aerospace is investing $14 million to expand its Pune facility, bringing the total investment to $44 million in 2 years. The facility produces components for various engines and will improve manufacturing processes and automation. The site has a network of 300 suppliers and has trained 5,000 production associates. This investment shows GE's dedication to the Make in India initiative.
The US CDC has revised its stance on the link between vaccines and autism, stating that the claim is not evidence-based and studies have not ruled it out. This follows criticism of the agency's promotion of this stance.
Motilal Oswal rates Larsen & Toubro as 'Buy' with a target price of Rs 4,500, expecting a 12% increase. The company's management is prioritizing capital allocation and aims to sell non-core assets while investing in new areas. L&T is confident about growth in the Middle East, thermal BTG projects, and domestic orders. They plan to invest Rs 1 lakh crore in the next year.
Fujiyama Power Systems, a leader in the rooftop solar industry, raised Rs 828 crores through an IPO at a discounted price of Rs 220 on the National Stock Exchange. The IPO, which included fresh shares and an offer for sale, opened on November 13 and closed on November 17, with the allotment finalised on November 18.