Lalit Keshre, co-founder and CEO of Indian fintech startup Groww, has achieved billionaire status with a 9.06% stake in the company. The startup, founded by former Flipkart executives, provides a mutual fund investment platform and has recently launched an investing platform. Keshre's journey from a small village to billionaire success is a story of perseverance and dedication.
The Cambridge Dictionary has chosen 'parasocial' as its Word of the Year, defining it as the relationship between a person and a celebrity they don't know. The term was coined in 1956 and has gained popularity with examples like Taylor Swift's engagement and Lily Allen's album. The dictionary has also added 'artificial intelligence' to the definition.
HAL will deliver the first batch of 8 Tejas Mk1A fighter jets in 24-36 months, with production expected to ramp up later. The company signed a contract worth Rs 62,400 crore with the Defence Ministry for supply of 97 jets and with General Electric for 113 engines. Slow production and delayed engine contract are reasons for the initial delay. Final deliveries expected by late 2032.
A viral video of a bus full of Homers invading Santa Monica has caused a stir on the internet. This is part of the popular "Fortnite x The Simpsons" crossover event, which has been a hit with fans and could end on November 29. The event has been a successful marketing strategy for the game, with fans loving the hilarious crossover and donut shop invasion, reminiscent of a classic Simpsons episode.
India's two major depositories, NSDL and CDSL, have released their Q2 numbers and are in the spotlight. NSDL reported a 14.6% increase in net profit and a 12% jump in revenue, while CDSL saw a 13.6% decline in net profit and a slight slip in revenue. NSDL announced its first dividend since becoming a listed company, while CDSL announced a dividend of Rs 12.50 per share.
Tamil Nadu CM MK Stalin slammed the Union government for rejecting the state's Metro Rail proposals for Madurai and Coimbatore. He highlighted the contrast between BJP-ruled states receiving approvals and opposition-governed states facing rejections. The Centre's inconsistent policies and alleged revenge politics were criticized.
Adani Enterprises has been approved by creditors to take over Jaiprakash Associates, offering a bid of Rs 13,500 crore. Despite Vedanta's higher bid of Rs 17,000 crore, Adani was preferred for its larger upfront payment. The bid proposed a shorter payment timeline, which swayed stakeholders and creditors. Other bidders included Dalmia Bharat, Jindal Power, and PNC Infratech.
Kaantha continues its steady run at the box office, crossing Rs 17.73 crore in India net collections within six days. After a strong opening weekend driven by Dulquer Salmaan’s widely praised performance, the film entered a predictable weekday slowdown but still managed to maintain momentum in key regions.
The White House hosted a star-studded black-tie dinner for Saudi Arabia's Crown Prince Mohammed bin Salman, with popular guests. Ronaldo's selfie with Musk, Infantino, and others has drawn comparisons to the iconic 2014 Oscars selfie taken by Bradley Cooper. The event was filled with famous personalities, resembling the viral Oscars moment.
JM Financial recommends buying Adani Green Energy stock with a target price of Rs 1,289 per share. The company's strengths include its scale, strategic positioning, operational excellence, and financial outlook. Adani Green has a proven track record of speedy and successful project execution and aims to achieve 50GW of renewable energy and storage capacity by FY30.
The cancellation of naturalization ceremonies in New York has caused frustration and confusion among aspiring Americans, with demands for a reversal from Congressman Mike Lawler. The issue also ties into a lawsuit against USCIS for banning NGOs from assisting with voter registration at these ceremonies.
Billionbrains Garage Ventures, the parent company of Groww, experienced a 10% decrease in share price after a 94% increase in the past 6 days. Experts attribute this to short selling and a low float, resulting in a short squeeze. Traders and investors are warned to have an exit strategy when dealing with high beta counters to avoid significant losses.
Infosys has announced a Rs 18,000-crore buyback with a record date of November 14. The buyback will open on November 20 and close on November 26, and only shareholders who held shares on or before this date can participate. The entitlement ratio for retail investors is 2:11 and for general investors is 17:706. The company plans to return 85% of its free cash flow to shareholders.
Top Maoist leaders were killed in a fresh exchange of fire in Andhra Pradesh's Alluri Sitharamaraju district. 19 Maoists had escaped during Tuesday's encounter, and the security forces were continuing the combing operation. A record number of 50 Maoists were arrested in different districts, including important cadres.
A Gustav Klimt painting, looted by Nazis, sold for over $236 million at Sotheby's, becoming the most expensive artwork of its time. Titled 'Portrait of Elisabeth Lederer,' it combines Eastern and Western elements and was part of the Estée Lauder heir's collection. The auction also featured Maurizio Cattelan's 'America,' a fully functional gold toilet that sold for a high price.
BJP's Rajeev Chandrasekhar warned about the real danger posed by 'radicalization of Muslim youth' in India, highlighting the issue through the video of the Delhi Red Fort suicide bomber-doctor. The bomber, Umar Nabi, justifies his actions as an act of "martyrdom" in the now-viral video. Chandrasekhar also criticized opposition leader Rahul Gandhi and ties with .Kerala CM Pinarayi Vijayan.
Air India is struggling financially due to the closure of Pakistan airspace. They are asking the Indian government to persuade China to grant access to a military airspace zone in Xinjiang, which would save the airline money and time. This request comes after a border clash between India and China and the resumption of direct flights.
PM Modi will launch South India Natural Farming Summit and release 21st instalment of PM-KISAN scheme in Coimbatore on November 19, transferring over Rs 18,000 crore to 9 crore farmers. He emphasizes the significance of the summit and instalment for hardworking farmers, as states prepare to implement their own plans.
Hindustan Unilever's share price has seen a rise after the announcement of key dates for the long-planned demerger of its ice-cream business. Existing shareholders will receive shares in the new company, Kwality Wall's (India), in a 1:1 ratio. The demerger will take effect on December 1, 2025, and will result in a standalone, publicly listed ice-cream company.
Indian equity indices opened Wednesday's trading session on a negative note, with the NSE Nifty 50 and BSE Sensex both opening lower. The Bank Nifty also opened lower, while small and mid-cap stocks followed suit. Technical analysis shows a bearish trend, but the short-term outlook remains positive. Key support levels to watch out for are 25,800 and 25,700.
PIndian-origin woman Samanvitha Dhareshwar and her unborn child were killed in a fatal crash in Sydney. The 33-year-old was out walking with her husband and 3-year-old son when a Kia Carnival was hit from behind by a BMW, pushing it forward and hitting Dhareshwar. The driver of the BMW, 19-year-old Aaron Papazoglu, has been charged with dangerous driving occasioning death and more.
Anthropic, an AI startup, has received significant investments from Microsoft and Nvidia, boosting its valuation to $350 billion. The deals involve $30 billion in Microsoft Azure compute capacity and 1 gigawatt of computing power from both companies. Founded in 2011, Anthropic is now the third-most valuable company globally, with projected revenue of $26 billion next year.
Ranveer Singh's comeback film, Dhurandhar, is set to release on December 5 after a 2-year hiatus. Director Aditya Dhar praised the team's dedication, with actors, HODs, and even spot boys working 16-18 hours a day for 1.5 years. This has sparked speculation about a possible dig at Deepika Padukone's stand on the 8-hour workday, which led to her losing out on two
Ajay Devgn's latest romantic-comedy, De De Pyaar De 2, has been a hit among fans and new audiences, earning over Rs 60 crore in just five days despite a weekday slump. The film, starring Rakul Preet Singh, R Madhavan, and Anil Kapoor, follows a young couple's struggle to gain their families' approval for their marriage.
A 27-year-old Indian student, Deepinderjeet Singh, died in a drowning incident in Australia last year. A 19-year-old has been sentenced to four years in prison for the robbery-fuelled death, sparking outrage. The offender, who was 17 at the time, has pleaded guilty and will serve 100 hours of community service, report to a probation officer, and abstain from alcohol.
Michael Burry, known for predicting the 2008 crash, has closed his hedge fund Scion Asset Management, but remains active in the markets. He clarifies that the fund was intended for friends and family and he wants to avoid past issues. Burry particularly gained a following after being featured in "The Big Short."
Indian markets opened with a slight gain but fell after six days of growth, as investors closely monitored global moves in crude oil, gold, and currency markets. Asian markets were mixed, with Japan and the US seeing a dip, while Australia saw a slight increase. The US Dollar Index rose and the rupee depreciated. Foreign and domestic investors made notable purchases in Indian equities.
The Murugappa Group, a 125-year-old conglomerate with a turnover of Rs 90,200 crore, is renowned for its successful turnaround stories and trusted financial services. Led by Vellayan Subbiah, the family business holds the seventh position in the top 10 most valuable Indian family list. They connect dessert, workout, and car loans, reflecting their diverse portfolio.
Companies announce key updates, including buybacks, record dates, project wins, and product launches, likely to draw investor attention. Indian stock markets end lower after six-day winning streak, with Nifty 50 down 0.40% and BSE Sensex down 0.33%. Infosys confirms 2025 share buyback, HUL sets record date for spin-off, TCS secures deal with NHS Supply Chain among others will be in focus today.
Bitcoin rebounds after reaching a 7-month low, but still down 26% from October. Doubts about U.S. rate cuts and a risk-averse market have impacted the cryptocurrency. $1.2 trillion lost in total market value of all cryptocurrencies in 6 weeks. Corporate holders at risk, with Standard Chartered predicting half could lose holdings if Bitcoin drops below $90,000.
The House and Senate passed a bill to publicly release the Justice Department's files on Jeffrey Epstein, despite opposition from Trump and Republican leaders. The bill's passage marks a victory for survivors of Epstein's abuse and a push for accountability. The bill forces the release of all files related to Epstein within 30 days.
Yubi Group, backed by Peak XV and TVS Capital, secures ₹411 crore in a new round of funding through a combination of long-term structured debt and equity. EvolutionX Debt Capital commits ₹336 crore, while founder Gaurav Kumar invests ₹75 crore in equity.
The domestic air passenger traffic in October 2025 saw a 4.5% y-o-y increase, reaching 14.28 million. This reflects a steady recovery in demand and a resilient aviation market despite challenges. The average passenger load factor was 84.7%, higher than the previous year.
Minister Piyush Goyal discusses strategies to attract foreign investment, streamline FDI and FII processes, and create a robust investment ecosystem for employment, technology, and advanced sectors. Government committed to an investment-friendly environment through ease of doing business, deregulation, and compliance reduction. Third version of Jan. 6th to be implemented.
The government and LIC are close to completing the strategic disinvestment of IDBI Bank, with plans to divest a total of 60.72% stake. The UPI is expanding globally, but faces challenges in domestic inclusion for insurance and pension coverage.
SBI Chairman CS Setty proposed a national financial grid to connect credit bureaus, fraud registries, eKYC, UPI, and account aggregator frameworks. He suggested the creation of Indian Digital Payment Intelligence Corporation for real-time intelligence sharing among banks.
Keyper and Property Finder are collaborating to introduce a new monthly rent payment system in UAE. This will replace the traditional one-to-four cheque cycle and offer tenants the option to pay with credit cards or direct debit, making it easier for newcomers to afford housing. The system will launch in 2026, benefiting both tenants and landlords and bringing the UAE in line with global norms.
US stocks, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, saw a significant drop on Tuesday due to concerns about high valuations in AI companies and uncertainty about the economy. Nvidia's upcoming earnings report is highly anticipated as it could impact the market's direction. A strong report could lift the market, while a miss could deepen the recent slump.
India Inc's corporate net debt has increased by 7% in the six months to September 2025, reaching Rs 42.16 lakh crore. The BSE 500 Index accounts for 77% of this debt, with cash and bank balances decreasing by 2.5%. 32 companies became debt-free in this period, compared to 45 in the previous six months.
Morgan Stanley predicts a 30% chance of Sensex reaching 107,000 points by 2026, with a 27% increase if a bull market prevails. In the base case, they forecast a 13% rise to 95,000. The report cites India's worst underperformance in 30 years and predicts continued gains in macro stability.
TRAI has directed access providers to tag all variable components in business SMS templates to prevent fraud and misleading links. The deadline for compliance is 60 days, after which untagged messages will be rejected. This measure aims to protect consumers from phishing and scam messages. It will also help access providers detect suspicious content and improve automated filtering.
The ED arrested Jawad Ahmed Siddiqui, chairman of Al Falah Charitable Trust and Al Falah Group, for money laundering after raids at 19 locations, including Al Falah University, where incriminating evidence was found. The university has been under scrutiny since a terror module was busted and a blast near the Red Fort.
Wonderla Holidays, a renowned amusement park chain, is diversifying its business by building resorts in major cities such as Hyderabad, Chennai, and Kochi. The company's goal is to raise its non-park earnings to 50% in the near future. The launch of Wonderla Chennai, its fifth and largest project yet, with an investment of Rs 611 crore, is a significant step towards this goal.
On Tuesday, shares worth Rs 21,253 were sold through block and bulk deals. The most valuable trade was in Mphasis shares, where BCP TOPCO IX sold stake worth Rs 4,726.06 crore. Kotak Mahindra Mutual Fund and ICICI Prudential Mutual Fund were among the buyers. In Emcure, BC Investments IV sold shares worth Rs 610 crore. On the NSE, SAIF III Mauritius Company and SAIF Partners India IV
Cristiano Ronaldo, global football star, to meet with US President Donald Trump at the White House to discuss world peace. Visit coincides with Portugal's qualification for 2026 FIFA World Cup, hosted by US, Canada, and Mexico. Ronaldo's first game in US in 12 years, following sexual assault allegations in 2009.
The 2025 Blue Dragon Film Awards, hosted by Han Ji Min and Lee Je Hoon, will take place this week. No Other Choice and The Ugly have the most nominations. The ceremony will be aired on KBS2 and livestreamed on CHZZK Naver and KBS' YouTube channel. AKMU's Lee Chan Hyuk will perform and stars like Yoona will attend.
Modern trade saw a revival in the September 2025 quarter, driven by urban demand and a shift towards branded products. Analysts predict continued growth, but traditional trade faced challenges from pre-GST stock and e-commerce competition. Organised retailers are adapting to online shopping by offering convenience and expanding into smaller towns and cities.
Zoho-backed messaging platform Arattai is introducing end-to-end encryption in its latest update, closing the gap with WhatsApp. Co-Founder & Chief Scientist Sridhar Vembu encourages users to update and spread the word. The encryption only works when both parties have the latest version, and group chats will be encrypted in a few weeks.
Silver premiums in India have plummeted from Rs 30,000/kg to Rs 550/kg due to the import of 2,200 tonnes of the metal. The decrease in festival demand has led to lower prices, but buying is expected to pick up again with price adjustments. Gold imports have also risen, reaching $41.2 billion in the current fiscal year.
The QS Sustainability Rankings 2026 show a slight improvement for Indian universities, with 32 moving up the list and 30 dropping in rankings. 15 IITs were featured, but six have lower rankings. India has over 100 universities in the rankings, behind the US, China, UK, and France. The methodology considers environmental and social impact.