PhysicsWallah, led by Alakh Pandey, has launched its IPO today with a valuation of Rs 3,480 crore. The issue is priced at 9-10x sales multiple and is considered fairly valued by many brokerages. SBI Securities notes a 96.9% and 88.8% CAGR in Sales/EBITDA over the last three years. InCred Equities believes the company has a strong moat and potential for profitability.
Delhi's air quality worsened on Tuesday, reaching the "severe" category from the previously recorded "very poor" level. The Central Pollution Control Board reported an AQI of 423 at 9 am, with the worst-affected areas being Bawana, Wazirpur, Mundka, Punjabi Bagh, Rohini, and Jahangirpuri. Other major Indian cities also recorded moderate to poor air quality levels. An AQI score of 0-50
Indian PM Narendra Modi is traveling to Bhutan for various programs, including talks with the King and Prime Minister. The visit coincides with Bhutan's celebration of the Fourth King's 70th birthday. The Punatsangchhu-II hydropower project will also be inaugurated, strengthening the energy partnership between the two countries.
Two videos capturing the exact moment of the fatal car blast near Red Fort in Delhi have caused fear among citizens. The November 10 tragedy, caused by a slow-moving car, has left people speechless. Eyewitness accounts and CCTV footage show the chaos and panic that erupted in a fraction of a second. The videos also capture the bustling street and people fleeing for safety after the loud explosion.
Nine people were killed and multiple injured in a blast near Red Fort in Delhi. The explosion took place in a car at a traffic signal near Lal Quila metro station. The car was linked to a Pulwama resident suspected to have ties to a terror network. Security agencies have issued a high alert and are investigating the incident.
New Delhi mourns after a major blast outside the Red Fort Metro Station, with 9 dead and 20 injured. Police are investigating if it was a suicide bomber attack. The victims include 2 women and 18 men, with the youngest being 21 years old. 12 of the victims are from Delhi, while the others are from different states. They were taken to LNJP Hospital.
Quarterly earnings, leadership changes, and fresh contract wins made headlines for several companies in the telecom, metals, pharma, and defence sectors. While some firms reported strong profit gains, others faced challenges from muted demand and rising costs.
David Szalay, a Canadian-Hungarian-British writer, won the Booker Prize for his book "Flesh," which tells the story of an ordinary man's life over several decades. The judges were impressed by the book's spare writing and its ability to reveal so much about the main character, István, without explicitly stating it.
JK Tyre & Industries to invest Rs 5,000 crore in 5-6 years for production expansion, focusing on car and truck tyres and exports. Expects 6-8% growth in FY26, driven by small car segment revival. Introduces India's first embedded smart tyres for passenger vehicles to monitor parameters and improve safety, performance, and efficiency. Aims to increase adoption of smart tyres.
Bajaj Finance reported a 23% increase in consolidated net profit to Rs 4,948 crore for the quarter ended September 30. The company's AUM rose by 24% to Rs 4.62 lakh crore, with 12.17 million new loans and a 20% growth in customer base. While MSME loans moderated, other segments such as gold, car, and electric vehicle financing showed growth.
Trai proposes an overhaul of interconnection framework to make it relevant, fair, and future-ready for 5G, IP-based communication, and digital services. It seeks to update the definition and scope of interconnection, examine inconsistencies in RIOs and agreements, and revisit cost models and IUCs.
Ather Energy, a Bengaluru-based EV maker, saw a net loss of ₹154 crore in Q2 FY26, down from ₹197.2 crore last year. However, total revenue rose by 57% to ₹941 crore due to increased sales and market share. Ather's new factory in Maharashtra has been delayed to October 2026. Margins improved despite higher expenses.
Novo Nordisk India and Emcure Pharma have joined forces to introduce Poviztra, the second brand of Wegovy, to India. This partnership aims to make the revolutionary semaglutide molecule more available to the significant number of obese individuals in India.
ONGC's net profit rose by 28% in Q2 of FY25-26, while revenue remained unchanged. The company declared an interim dividend of Rs 6 per share, totaling Rs 7,548 crore. It has also shown growth in production and is investing in deepwater exploration and renewable energy. Joint ventures with MOL for transportation of petroleum resources have been approved.
Tata-group firm Trent reported its slowest growth in at least sixteen quarters in Q2, triggering a meltdown on the bourses. The stock slumped over 7% as the company's Q2 topline growth came in at 11.3%, below its target of 25%. Brokerages have downgraded the stock citing competitive pressures and weak consumer sentiment.
Union Minister of Labour & Employment Mansukh Mandaviya will lead a meeting with state labour ministers to strengthen collaboration and accelerate progress in labour and employment reforms. The two-day conference will focus on launching digital tools, implementing the PMVBRY, and universalizing social security.
Varun Berry, the Executive Vice-Chairman, MD & CEO of Britannia Industries, has resigned after 11 years of service. His notice period has been waived off and Rakshit Hargave, who was set to join as executive director & CEO, will now take over as the CEO and MD.
Experts call for increased funding and measures to address climate change in agriculture. Suggestions include enhancing rural incomes and productivity, promoting climate-resilient practices, and utilizing technology. The government has approved a maize cluster in Uttar Pradesh and emphasized the need to hike urea prices, double research expenditure, and reconceptualize crop compensation schemes.
India has informed the WTO of its intention to levy reciprocal duties on US products in response to the US's 50% tariff on copper products. This would impact $182.54 million worth of US imports. India has suggested suspending concessions on US products to collect an equivalent amount of duty.
The unemployment rate in India has slightly decreased in Q2 of 2025-26, with improvements seen in rural areas for both genders. However, urban areas and the 15-to-29-year age group have shown a slight increase in joblessness. The survey also reveals a rise in Labour Force Participation Rate and Women's participation in the workforce.
Economists propose a comprehensive manufacturing policy for self-reliant growth, including revamping incentives, creating an AI ministry, and implementing a vacant land tax. Emphasis on shifting from imports to domestic production and investing in emerging technologies. Suggestions for a "plug-and-play" model to utilize vacant land.
Vodafone Idea's financial performance for the July-September quarter showed improvement, with a net loss of Rs 5,524 crore and a 1.6% increase in operating revenue. Lower finance costs and growth in data consumption and revenue contributed to the reduction in losses.
Sales of cold and cough syrups decreased by 2.4% in volume and Rs 6 crore in value in October, as safety concerns rose after children died from contaminated syrups. The central government's advisory against prescribing them to young children also contributed to the decline. In contrast, sales of solid solutions rose by 1.2%, indicating a preference for safer treatment options.
Experts say proper structuring and education are key for retail investors to be attracted to new bond market derivative contracts by SEBI and RBI. Institutional investors will dominate initially, but more products and education can deepen the market.
KPIT Technologies reported a decline in net profit for the September quarter due to losses from an associate company. Despite this, the company saw a 3.2% sequential growth in revenue and improved margins. The CFO mentioned that without the losses, the net profit would have been the highest ever.
Indian equities bounced back on Monday, ending a three-day decline, driven by optimism over a potential resolution to the US government shutdown and positive corporate results. The positive sentiment was also supported by gains in Asian markets, particularly in the IT and banking sectors.
Tata Trusts board to meet on Nov 11 to address former trustee Mehli Mistry's resignation and potential candidates to replace him. Trusts must also inform Charity Commissioner about Mistry's removal. His term ended on Oct 28 after three trustees voted against his reappointment. Mistry's letter aims to end speculation from media reports.
India and the UK will enhance their economic ties through a new Free Trade Agreement, focusing on AI, fintech, sustainability, and life sciences. London's deputy mayor and chair of London & Partners, Howard Dawber, emphasizes the city's attractive opportunities for Indian businesses, including joint drug trials and development.
India is using the 30th COP30 to demonstrate its success in meeting climate goals and attract global funding. Pragmatic energy transition through policy, technology, and determination has helped India achieve these goals ahead of schedule. However, challenges like grid integration, land acquisition, and domestic manufacturing need to be addressed through clear and stable policies.
Radisson Hotel Group is expanding its luxury portfolio in India, with plans to add properties in Noida, Hyderabad, and Bengaluru. They aim to double their portfolio by 2030, focusing on tier 2, 3, and 4 cities. The group is tapping into the demand for branded hotels in smaller cities for events and gatherings, with their fourth luxury property near Navi Mumbai International Airport.
The government has allowed 1.5 million tonnes of sugar exports for 2025-26, but profitability depends on global prices. The industry faces a potential stock increase due to a 16% production rise. Removing export duty on molasses is expected to improve cash flow and reduce excess stock pressure.
Lenskart's IPO saw a tumultuous start, dropping 11.5% before recovering and ending positively. The oversubscribed IPO valued the company at 235 times FY25 earnings and plans to use the funds for expansion, technology upgrades, and growth. It is the first of many unicorn IPOs, including Nykaa and Paytm, to list on the market.
Ather Energy and Hero MotoCorp's adoption of the battery-as-a-service model has boosted demand and sales for their electric two-wheelers. This model separates the battery from the vehicle, making ownership more flexible and appealing to price-sensitive buyers and commercial fleets.
Startup hiring on college campuses is on the rise, with a 20-30% increase in recruiters at top institutes for the Class of 2026. Sectors like quick commerce, food delivery, consumer tech, and e-commerce are driving this growth. Non-IIT institutes are also being targeted, making startups a shining light in a slow placement year.
In October, the non-life insurance industry's gross direct premium income was consistent at ₹29,617.60 crore. Public sector general insurers saw an 11% increase, while private insurers saw a 3% decline. Standalone health insurers experienced a 38% growth, attributed to the GST rate cut on individual health insurance.
The value of residential units sold in the top 7 cities is expected to grow by 19% this fiscal, reaching Rs 6.65 lakh crore. Despite a 14% decline in sales volume, the sales value has increased by 6%, driven by high-priced luxury and ultra-luxury homes. NCR and Chennai have outpaced other cities in terms of sales value, while MMR achieved 45% of its previous year's total sales value.
Dharmendra, veteran actor, is not critical or on a ventilator as confirmed by family sources. He was admitted to Breach Candy Hospital for a routine check-up and is under observation. Wife Hema Malini had reassured about his health. Dharmendra prefers to do all tests at once instead of daily commutes.
The success of digital adoption in healthcare through blockchain and IoT has been contrasted with its slow implementation in manufacturing and supply chain. A survey showed that only 10% of life sciences companies have adopted digital innovation in manufacturing, emphasizing the need for effective execution plans.
Lonvi Biosciences, a Chinese longevity start-up, has created anti-aging pills using a compound found in grape seed extract. These pills target zombie cells and could potentially extend human lifespan to 150 years. While America has long been obsessed with the idea of living forever, China is now joining in with rapid advancements in the field.
Delta pilot's heartwarming message to nervous flyers amid government shutdown goes viral. Over 10,000 flights were delayed and 2,700 cancelled on Sunday due to the shutdown. US Transportation Secretary warned of reduced flights during Thanksgiving season. Passengers and officials express frustration and anxiety over the situation.
Netflix co-founder Marc Randolph's 5 pm rule, where he spends Tuesday evenings with a friend, has kept him balanced and sane for 30 years. This ritual has gone viral and is scientifically proven to reduce stress and improve mood. Randolph believes in making time for important things like family and hobbies, which can greatly improve well-being.
Indian stock markets closed with gains as the Sensex and Nifty ended on a firm note. Top performers were Infosys, HCL Technologies, and TCS, while Trent and Mahindra & Mahindra faced challenges. Sugar stocks surged after export quota announcement, while Nykaa's parent company reported a significant rise in Q2 profit.
Indian-origin Congressman Ro Khanna has criticized Senator Chuck Schumer for being ineffective and called for his replacement. Khanna's comments have caused a stir as the US government shutdown continues and Democrats remain divided on a bill that excludes ACA benefits. Despite a compromise bill being introduced, Schumer and many Democrats have rejected it.
The American stock markets are on a high right now with AI investments soaring and the Trump administration fueling the cryptocurrency buzz. However, is the bull run soon coming to an end?
Several companies in India have recently reported net profits after experiencing losses, which can lead to long-term success and attract investors. However, sustained turnarounds over multiple quarters are a better indication of a company's success. Indian Oil Corporation, PVR INOX, Chennai Petroleum, Wockhardt, and India Cements are among the companies that have shown promising results.
China’s new K-visa, designed to pull in science and technology workers, is suddenly drawing attention from Indian professionals who once wanted to live the American dream. The visa comes at a moment when the US H-1B system is getting more restrictive and expensive under Donald Trump’s new immigration rules
The second phase of polling in the Bihar assembly election will take place on Nov 11, concluding the high-stake elections in the state. During phase 1, voting was held in 121 constituencies with 1,314 candidates in fray. The results will be declared on Nov 14, with a change in the counting process. The counting will begin at 8 am.
Jammu and Kashmir police recovered 350 kgs of explosives, an AK-47, and a large cache of ammunition from a hospital in Faridabad, Delhi-NCR. The seizure was made after arresting a Kashmiri doctor who supported a terror outfit. Police are interrogating the doctor and another hospital employee for their involvement in storing and facilitating weapons. An investigation is underway.
Jamie Dimon, the CEO of JPMorgan Chase, recently shared something surprising about the way he handles his phone at work. In short, he keeps it quiet, hidden, and mostly ignored. But that’s just the start of his views on focus, workplace distractions, and even work-from-home culture.
Rashmika Mandanna's latest film, The Girlfriend, had a slow start but gained momentum over the weekend due to her impressive performance. The film's unique portrayal of toxic relationships has received praise from both viewers and critics. Despite a lukewarm opening, it earned Rs 7 crore in just three days, thanks to Rashmika's star power and positive word of mouth.