Crisil Ratings forecasts a 50% surge in operating profit for OMCs in the current financial year, due to higher marketing margins and steady fuel prices. This will boost their capital expenditure and credit metrics. Despite a decline in refining margin, the increase in marketing margin is expected to compensate.
Ershad Kunakkadan, an Indian-origin techie, rose from dropping out of a no-name college in Kerala to becoming the CEO of a $100M+ company in New York. He recently took over as the CEO of Gumroad, showcasing his strong work ethic and reliability. His journey is an inspirational one, proving that hard work and determination can lead to success in the tech industry.
JM Financial has identified three high-conviction stocks with potential for significant upside across diverse sectors. The firm reiterated 'Buy' ratings on Eternal (Zomato) and Dr Reddy's Laboratories, while maintaining 'Add' rating on M& M. JM Financial believes that Dr Reddy's Labs will see growth from various factors such as NRT business, biosimilar launches, and strong India growth.
OMCs are projected to have a 50% increase in operating profits due to high marketing margins and stable fuel prices. GRM is expected to stay at $4-6 per barrel and marketing margins at $14 per barrel. Geopolitical uncertainties may impact profits, but OMCs will still have higher earnings, reduced debt, and more capital expenditure opportunities.
Dharmendra's death at 89 has left a void in Bollywood. With a career spanning six decades and over 300 films, the beloved actor's legacy will be remembered forever. His last film, Ikkis, was set to release in 2025. Fans, friends, and industry colleagues are grieving and paying tribute to the legendary actor, with even PM Modi and Manoj Bajpayee expressing their sorrow.
Legendary Bollywood actor Dharmendra has passed away at the age of 89, leaving behind a rich legacy of iconic movies and dialogues that will keep him alive forever in everyone's hearts. He portrayed all his roles with aplomb, be it in Seeta Geeta, Sholay, Chupke Chupke, or Haqeeqat. His unique style and dialogue delivery made him a timeless actor, loved by all generations.
Axis Securities recommends investing in Nestle India, Britannia Industries, and DOMS Industries, as they are the top three high conviction stocks in the FMCG sector with potential upside of up to 24%. These companies have a dominant market position, focus on innovation, strong distribution networks, and cost efficiency. However, volatile commodity prices may be a challenge in the near term.
Verizon employee shares emotional confession on anonymous platform after being laid off along with 13,000 others. Layoffs were part of company's cost-cutting efforts, but promises to support affected employees. Employee was devastated as she had been planning to go on a maternity leave.
A fatal bus accident in Tamil Nadu's Tenkasi district resulted in 6 deaths and 50 hospitalizations, including a child. Survivors suffered severe injuries to their arms, legs, and head. The incident occurred when two buses collided, with 55 passengers on board. This comes after a similar accident in Karnataka, where 3 people, including a child, lost their lives. More updates to follow.
Jharkhand Minister Irfan Ansari has urged people to take BLOs hostage if they come to cut names from voter rolls and Aadhaar cards. He alleges that the exercise is meant to delete names and that the same happened in Bihar, where 65 lakh names were removed. The ECI has faced backlash over the short deadline for the SIR, with multiple BLO deaths reported.
India's shrimp industry has faced challenges due to US tariffs, resulting in slow growth in exports to the US. To mitigate this, India has expanded its exports to other countries. However, a report forecasts a significant drop in shrimp exports in the coming months, and the industry's overall performance is expected to decrease by 10-12% due to US tariff pressures.
Jefferies has reiterated its Buy rating on Bharti Airtel, calling it the preferred pick in India’s telecom sector, with a Rs 2,635 target price implying a 22% upside from current levels. The brokerage said Airtel’s stable market structure, continued ARPU gains, and improving free cash flow visibility make it the strongest play in telecom.
"Wicked: For Good" sequel to hit Broadway musical starring Ariana Grande breaks Box Office records with its dark take on "The Wizard of Oz." With critical and audience acclaim, the film is expected to earn over $1 billion during the holidays. Grande and Cynthia Erivo lead the story of estranged witches facing political corruption and personal dilemmas.
A 38-year-old doctor from Andhra Pradesh’s Guntur district, identified as Rohini, was found dead in her Hyderabad apartment on Saturday, PTI reported. According to police, the incident is being treated as an alleged suicide, with reports suggesting she was depressed after her US visa was denied.
Dussehra release Sunny Sanskari Ki Tulsi Kumari, starring Varun Dhawan and Janhvi Kapoor, failed to make a mark at the box office despite high expectations. On the other hand, Rishab Shetty's Kantara Chapter 1 emerged as the biggest hit of the year, beating Diwali releases.
"Mumbai Metro introduces 25% fare concession for differently-abled passengers on Line 3 (Aqua Line) to promote public transport. The discounted tickets and trip passes can be booked on the MetroConnect-3 app. The fully operational line spans 33.5 km, connecting South Mumbai to the suburbs, including major hubs like BKC.
Hindustan Aeronautics shares declined over 4% after its fighter jet Tejas crashed during the Dubai Air Show. This is the second crash in 20 months involving an HAL-manufactured aircraft. The company posted a 10.5% increase in net profit and 11% increase in revenue for Q2 FY26. However, its stock price has fallen in the last five trading sessions and in the past month.
An Indian man, Jagjit Singh, was arrested in Canada and is facing deportation for criminally harassing high school girls. He arrived in Canada on a temporary visa to meet his grandchild, but was accused of initiating inappropriate conversations and even groping one of the students. Singh has been banned from ever re-entering Canada.
Indian woman harassed at Shanghai airport over Indian passport listing Arunachal Pradesh as birthplace. Officials mocked and refused to recognize passport, claiming region as part of China. Woman faced 18-hr ordeal, financial losses, and lack of proper facilities. Writes to PM Modi for action and compensation. Urges Centre to raise issue with Beijing.
Goldman Sachs reaffirms Neutral on Tata Group’s Trent with a Rs 4,920 target, citing 12% upside driven by automation, new brands, and long-term brand strategy.
ACME Solar Holdings has secured a tariff of Rs 4.35 per unit to supply 130 MW of renewable power to Indian Railways. The project will be completed within 30 months and the company will enter into a direct PPA with Indian Railways, ensuring a minimum annual availability of 75% in the first three years and 85% thereafter.
Comedian and TV host Conan O’Brien is in India for the very first time, and he’s clearly enjoying every minute of it. On Monday, he shared a photo from Bengaluru with a simple but heartfelt caption, “You’ve changed me for the better, India.”
Farhan Akhtar's war film 120 Bahadur, based on a true story, initially had a lukewarm response at the box office but has seen a significant increase in earnings over the weekend. The film's authentic narrative and strong performances have impressed audiences, surpassing the success of Vivek Oberoi's Mastiii 4 and Ajay Devgn's De De Pyaar De 2.
Motilal Oswal upgrades four IT companies, including Infosys, Mphasis, Zensar Technologies and Wipro, due to the expected shift towards AI software and services. The brokerage also highlights top picks for the next AI wave, including Hexaware, Coforge, HCL Technologies and Tech Mahindra.
Most US retailers and grocery stores will be closed on Thanksgiving Day 2025, but will reopen the next day for Black Friday. Shoppers should prepare for the holiday season by checking store hours and making last-minute lists. Target, Walmart, and Costco will all be closed on Thanksgiving but will open early on Black Friday. Other stores will have varying hours.
Fifteen people were arrested by the Delhi Police for using chilli spray and blocking a road during a protest against pollution at the India Gate. The protesters were demanding clean air but at the same time, they were blocking roads for others. When they were moved to Kartavya Path, police claim some of them used pepper spray against cops. The protestors claim they were detained brutally.
India’s solar push hides a wafer trap made in China. Analyst warn valuations could crack before FY27 as wafer imports dominate supply, leaving domestic manufacturers exposed despite strong policy support.
Australian influencer Wen Johnson, aka 'Pyjama Man,' caused outrage for aggressively grabbing Ariana Grande at the Wicked: For Good premiere in Singapore. He has been deported and banned from re-entering the country. He has a history of stage-crashing and has disrupted events for celebrities like The Weeknd and Virat Kohli. His actions have been described as "attention seeking" and "premeditated."
US Treasury Secretary Scott Bessent said on Sunday that he does not believe the country is heading toward a recession in 2026. Speaking on NBC News’ Meet the Press, Bessent confidently claimed that the US is moving toward strong economic growth without the kind of inflation people have been struggling with recently.
Indian equity indices opened higher on Monday, with the NSE Nifty 50 opening 50 points or 0.19% higher at 26,118 and the BSE Sensex opening 137 points or 0.16% higher at 85,370. The Bank Nifty also opened higher by 143 points or 0.24% at 59,010. The small and mid-cap stocks were in line with benchmarks.
US President Donald Trump is building a stronger relationship with Pakistan while US-India relations are tense. Nova Minerals, a US company, has signed a deal with a Pakistani mineral exploration firm, showing the country's potential for resources. Trump's administration has also given a $43.4 million grant to Nova Minerals for military-grade production.
Google has released Nano Banana 2, the new version of its AI image generation model Nano Banana AI. The AI has already been used to solve handwritten math problems and generate solutions in the same handwriting. “Google’s Nano Banana Pro is by far the best image generation AI out there. I gave it a picture of a question and it solved it correctly in my actual handwriting,” said techie on social media.
When the Titanic was sinking in the North Atlantic in the early hours of April 15, 1912, one small object captured the exact moment everything changed. A gold-trimmed pocket watch stopped ticking at 2:20 am, the moment the ship slipped beneath the water.
A techie has urged people to “leave Delhi” due to severe air pollution levels, saying he could “taste and smell” the pollution after having lived in London for a few years. Delhi’s AQI is 396, placing it in the “very poor” category, with other major cities like Chennai and Bengaluru reporting “good” and “satisfactory” levels.
Telegram co-founder Pavel Durov has weighed in on recent claims made by conservative commentator Candace Owens, linking them to the late Charlie Kirk. Durov, in a tweet, suggested that Owens’ information about French involvement in Kirk’s death “entirely plausible,” after reviewing everything Kirk has ever said about France.
The Department of Government Efficiency (DOGE), a controversial office launched by President Donald Trump earlier this year, has quietly disbanded with eight months left on its official mandate, Reuters reported. The move ends a plan that tried to reduce the size of the government, but, according to critics, did not save much money.
Representatives from the United States and Ukraine met in Geneva on Saturday to discuss a US peace proposal aimed at ending the war with Russia. The talks were described as focused, constructive, and respectful, showing both sides’ willingness to achieve a just and lasting peace.
Canada and India have agreed to restart talks on a new trade deal, after negotiations were paused two years ago because of a diplomatic disagreement, Reuters reported. The announcement came on Sunday from the Indian government.
State governments' capital expenditure rose by 10% in the first seven months of FY26, while revenue expenditure only grew by 4%, showing fiscal responsibility. 18 states saw a decrease in borrowing and liabilities by 8%, resulting in moderate growth in revenue spending. Tax revenues also increased by 10%.
KWIL has announced its board of directors for its demerger from HUL on December 1. The board comprises of experienced leaders who will guide the company towards accelerated growth through strategic pivots, a strong snacking portfolio, and global brand access. With a strong heritage and distribution network, KWIL aims to tap into India as an independent listed entity.
The top B-schools in India submitted their placement packages for the NIRF 2025 rankings, revealing interesting insights. IIM Ahmedabad remains at the top, but IIM Mumbai offers the highest median salary of Rs 33 lakh per annum. IIM Bangalore is popular among global recruiters with a median salary of Rs 32.5 lakh, while IIM Ahmedabad offers a median salary of Rs 32 lakh.
The deeptech sector is experiencing a change in exit timelines, with shorter periods of 6-9 years becoming more common. This is due to the maturing market and faster growth of deeptech companies. Strategic mergers, acquisitions, and secondary sales are increasing, with larger financial investors playing a bigger role.
The implementation of DPDP rules will result in a 10-30% increase in IT and tech budgets for enterprises, with SMEs and startups allocating a significant portion of their budgets for compliance. This includes system redesign, data retention updates, and preparing for mandatory breach reporting. Despite initial costs, this shift could ultimately reduce the risk of disputes and data breaches.
Royal Enfield's Motoverse 2025 event in Goa featured the launch of their new electric motorcycle brand, Flying Flea, along with the near-production prototype of their S6 scrambler. The brand aims to capture the agility and versatility of the original Flying Flea from the 1940s, reimagined for the electric era.
The unemployment rate in urban areas has been on the rise for the past three months due to a mismatch between job creation and the labor force. The recent 50% increase in US tariffs on labor-intensive manufacturing is believed to have worsened the situation. Urban female unemployment has also increased, while rural areas have remained stable.
Ohio is considering a new cash law, called the CASH Act, to ensure businesses and government agencies accept cash payments for transactions under $500. The law would require at least one cash point-of-sale location per establishment and prohibit businesses from charging higher prices to cash-paying customers. Major retailers like Walmart, Target, and Costco could be affected.
India's FMCG market saw a 6.8% value growth in October, with urban areas leading the way and the growth gap between urban and rural areas narrowing. Branded commodities, chocolates, personal care, and dairy products saw strong growth, while beverages, home care, and packaged foods lagged behind.
Commerce Minister Piyush Goyal will head the Board of Trade meeting to address global trade challenges. Last year's initiatives included the Jan Sunwai portal and export benefits for e-commerce. This year, the focus is on implementing the Export Promotion Mission and gathering feedback from exporters.
The new Tata Sierra, a revival of an iconic brand, has gained global recognition for its sleek design and modern features. The design team successfully modernized the original Sierra's single-piece rear glass while maintaining its timeless charm.
Indian-origin steel billionaire Lakshmi Mittal is leaving the UK due to the country's new tax reforms targeting the super-rich. He is currently tax-resident in Switzerland but will now spend most of his time in Dubai, where there is no inheritance tax. Other wealthy individuals, such as Herman Narula and Rio Ferdinand, are also leaving the UK due to the tightened tax regime.
Dubai real estate developers are focusing on Indian buyers through targeted marketing and flexible payment plans. Indians are among the top investors, especially in luxury properties. To appeal to them, developers are using Bollywood celebrities as brand ambassadors and accommodating their payment preferences.