Astronomer's CEO, Andy Byron, resigned after being caught at Coldplay's concert sharing an intimate moment with a woman who was not his wife. The company issued a statement condemning his actions and announced that Co-founder and Chief Product Officer Pete DeJoy will serve as interim CEO. The scandal triggered a personal and professional upheaval.
Vamsi Krishna, CEO and co-founder of Vedantu, launched the edtech startup in 2014 to revolutionize traditional classrooms. With a mission to inspire students worldwide, Vedantu has raised $337 million in funding and gained support from key investors. Krishna's drive to make an impact has led to the success of Vedantu's live interactive online education platform.
The new model concession document for highway building will have strict performance parameters, including penalties for accidents and a rating system for concessionaires. Contractors must upload monthly drone videos for monitoring. This aligns with the Ministry of Road Transport and Highways' focus on building reliable access control expressways.
The CP-F85B from CP Plus is a 4K car dashcam with front and cabin cameras, GPS, and night vision, available for Rs 12,199 on Flipkart. It offers peace of mind by monitoring the vehicle and provides crucial video evidence for accidents, settling insurance claims and legal disputes.
The Oppo F Series phones are popular for their durable design, strong performance, and camera quality. The new Oppo F31 Pro+ 5G is priced at 35k for the 12GB RAM and 256GB storage variant, but offers a 7000mAh battery with 80W fast charging. It has a slim design, water and dust resistance, and a 6.8-inch AMOLED screen with a 120Hz refresh rate.
India is making great strides in energy efficiency through technology, including intelligent grids and digital solutions. The country's focus on domestic manufacturing and renewable energy, along with a modernized grid, is setting an example for innovation and clean energy. Initiatives like PLI Schemes and India Semiconductor Mission are further supporting this progress.
SBI Research report shows strong October GST collections refute fears of revenue loss after rate rationalisation. Short-term losses varied from Rs 48,000 crore to Rs 10 lakh crore, but October collections rose 4.6% YoY to Rs 1.96 lakh crore. Refunds and state-level gains prove apprehensions unfounded, with projections showing most states as net gainers.
Shadowfax, a logistics provider, aims to raise Rs 2,000 crore through an IPO with Rs 1,000 crore from fresh shares and the rest from existing shareholders. The company plans to use the funds for network infrastructure, lease payments, marketing, and acquisitions. Major shareholders including Flipkart, Eight Roads Ventures, and TPG's NewQuest Asia Fund are looking to partially exit.
SCSK Corp surprised the automotive industry at Japan Mobility Show 2025 with their EV concept, developed in only nine months. This highlights the potential of software companies in hardware development and challenges the traditional car development cycle. The concept car, SDV EV Concept, boasts a futuristic design and advanced technology, including a personalized AI agent.
Honda introduced the 0 α, an electric SUV concept, at the Japan Mobility Show 2025. It will be the first model in their 0 Series and boasts a sleek design, advanced technology, and a dedicated EV platform. The 0 Alpha will be available in India and Japan in 2027, competing with Tata Curvv EV and Hyundai Creta EV.
Toyota has launched its ultra-luxury brand, Century, at the Japan Mobility Show 2025, challenging Rolls-Royce, Bentley, and Mercedes-Maybach. The brand, which was previously a car model, has been reimagined as a unique brand with hand-built, hyper-exclusive cars, targeting markets like Japan, China, and the UAE.
Adani Energy Solutions (AESL) predicts a robust Ebitda growth in the second half of the year, thanks to new project launches. The company plans to invest Rs 17,000-18,000 crore this fiscal year, with a focus on transmission and smart metering. Despite a 21% decline in net profit for the second quarter, AESL remains optimistic about future growth.
India-focused VC firms raised $2.8 billion in 2025, a decrease from $3.8 billion in 2024 and significantly lower than the peak of $8.6 billion in 2022. LPs are now seeking funds with unique strategies and strong potential for returns. The previous surge in funding was driven by global liquidity, but now LPs prioritize funds with a defined investment plan and clear exit strategies.
Telcos are changing their offerings from free data and OTT perks to advanced AI tools in their telecom bundles. Reliance Jio, OpenAI, and Bharti Airtel have partnered to provide users with free access to premium AI platforms, aiming to increase their user base and data consumption. This change in strategy could greatly enhance the digital experience for users.
November will see a wave of new and rising K-pop talents dominating the music scene, from girl group GIRLSET to I.MET.U formed through the survival show Time Turner. However, established idols like GOT7's Mark Tuan, ASTRO's Cha Eunwoo, TVXQ's U-Know, NCT DREAM, Stray Kids, and Super Junior's Kyuhyun will also be making comebacks.
Honda, the leader in the scooter market with its Activa, has seen a decline in its market share due to competition and slower response to market changes. Its share has dropped from 52% to 39%, while TVS and Suzuki have gained. Hero MotoCorp has also improved its position. Honda's dependence on Activa for volumes and discontinuation of other scooter brands has contributed to its decline.
Wipro Consumer Care's Commercial & Institutional Business (CIB) is aiming for double-digit growth with new products and positioning. With an annual revenue of Rs 1,000-1,500 crore, growing at 10-15% annually, CIB hopes to exceed 15% growth with new initiatives. These include the launch of IoT-enabled air quality monitoring solutions and next-generation products in lighting and seating.
Big Tech firms are spending like never before on artificial intelligence (AI), and the bills just keep getting bigger. Amazon, Google, Meta, Microsoft, and even Apple released their quarterly spending reports, and the numbers are staggering. The AI spending that has cost lakhs of jobs isn’t easing up anytime soon. In fact, it’s set to surge even higher in 2026, Business Insider reports.
Economists suggest that the proposed changes in the housing index methodology for the revised Consumer Price Index (CPI) series will address statistical inaccuracies in the sector. The new series will cover both rural and urban areas, exclude employer-provided dwellings, and gather monthly rent data to better reflect market changes.
The Ministry of Electronics and Information Technology (MeitY) is planning to introduce a new law to regulate deepfakes and synthetically generated content. The law will cover all aspects of AI and its applications, and will include measures for labeling and verifying AI-generated content. Major social media platforms will have additional obligations, while private content will not be affected.
The Nifty may experience consolidation as traders take profits, with a 0.28% loss last week. It remains above its 20-day EMA and Fibonacci retracement levels suggest support at 25,524 and 25,245. The trendline at 25,400 will serve as support, with the US government shutdown and uncertainty in the markets. Expect consolidation before a potential move higher.
Kane Williamson, former New Zealand skipper and strategic advisor for Lucknow Super Giants, has retired from T20I cricket. He will not be playing in the upcoming series against West Indies and will focus on Tests. Williamson has an impressive record and led the team to multiple T20 World Cup successes. Coach Rob Walter praised his leadership and he will continue playing franchise cricket.
SP Group is planning to raise $2.5 billion to refinance the debt of its holding arm, Goswami Infratech, which backs its stake in Tata Sons. Some of the previous investors, including Cerberus Capital, Ares Management, Farallon Capital Management, and Davidson Kempner Capital Management, are likely to participate in the new round at a lower yield.
Consumer goods companies in India are anticipating a rise in demand in the second half of the financial year, after experiencing trade disruptions caused by GST in the first half. Despite modest revenue and profit growth in the second quarter, companies are hopeful and investing in growth and expansion.
IAS Pari Bishnoi's inspiring journey of resilience and determination is a testament to the power of never giving up. After failing to clear the UPSC exam in her first attempt, she moved back to her small town in Rajasthan and prepared for another attempt. When she received her interview call, something shifted in her, & she decided to rebuild her confidence through exercise & a balanced diet.
UPI transactions reached a record high in October, driven by festive season spending and government initiatives. The platform saw a 25% increase in transactions, reaching 20.70 billion worth Rs 27.28 lakh crore. It also processed a record 754 million payments in a single day. However, the growth rate has slowed down since April 2022, indicating a stable phase for UPI.
Kotak Mahindra's CIO, Harsha Upadhyaya, notes that large and midcap companies have shown earnings growth, but their valuations are still high. Small cap valuations are even higher, but the fund house maintains a disciplined approach, prioritizing quality businesses, management, and reasonable valuations. Upadhyaya suggests a longer investment horizon and predicts moderate returns.
DFCCIL has successfully reduced India's logistics cost from 14% to 8-9% of GDP through the dedicated freight corridors. This has also helped in strengthening the country's industrial competitiveness and self-reliance. The completion of the Western DFC is expected to further decrease the cost and increase the efficiency of goods transport, with a projected increase in the number of trains.
The ministry of commerce and industry is considering allowing e-commerce companies to build their own inventory for exports from India, aiming to increase e-commerce exports without harming small retailers. This is in line with the global trend of cross border e-commerce, which is expected to reach $2 trillion by 2034. India aims to increase its e-commerce exports to $200-300 billion by 2030.
The government is planning to launch the initial public offering (IPO) of Export Credit Guarantee Corporation (ECGC) in the current financial year to increase its market value and raise capital for expansion. ECGC reported a net profit of Rs 2,077 crore in FY25 and has a strong financial position with a solvency ratio of 57.13.
SEBI and panchayati raj ministry have joined hands to impart financial literacy to sarpanches and officials at panchayat levels in six states. The training will cover topics like financial planning, investment in equities and mutual funds, budgeting, savings, and safeguarding against fraudulent schemes.
Foreign investors are increasingly investing in Indian government securities, with a record high of Rs 13,397 crore in October. This is due to a stable rupee, potential trade deal, favorable interest rates, and expected monetary easing. FPI holdings in government securities have also reached a record high, attributed to attractive yields and the RBI's efforts to manage the rupee.
Three 22-year-old high school friends, two of Indian origins, have become the world's youngest self-made billionaires with their AI startup Mercor reaching a valuation of $10 billion. Co-founded by Brendan Foody, Surya Midha, and Adarsh Hiremath, Mercor raised $350 million in a new funding round. The company builds AI-powered recruitment and data-levelling systems.
JPMorgan Chase CEO Jamie Dimon has emphasised the importance of in-person work for younger employees, as remote work limits mentorship and learning opportunities. This comes after 2,000 employees signed a petition for a hybrid work model. Dimon, who has been Chairman and CEO since 2006, graduated from Tufts University and earned an MBA from Harvard Business School.
Indian stock markets are expected to have an eventful week, with key data releases and major corporate earnings lined up. Attention will be on macroeconomic data and global trends, along with foreign inflows and rupee movements. Last week, the markets saw a dip due to profit-booking, and investors will closely monitor trade talks with the US and ongoing earnings season for direction.
A boss asking an employee to work on the weekend has caused controversy over work-life balance after the employee shared the conversation on Reddit. The boss became angry when the employee said that he wasn't carrying his laptop and told him to go to the office. Reddit users had varying opinions, with some supporting the employee and others proposing better communication strategies.
For someone leading the race to become New York City’s next mayor, Zohran Mamdani isn’t sitting on much wealth. According to Forbes, the 34-year-old state assembly member, known for his socialist politics, has an estimated net worth of around $200,000 ( ₹1.71 crore) as of 2025.
Tamil Nadu CM Stalin accuses Election Commission of manipulating electoral process with last-minute voter roll revision, leading to NDA allies skipping all-party meeting. Stalin questions timing and calls for protection of voter rights and democratic values in upcoming Assembly polls.
Sean ‘Diddy’ Combs, the disgraced music mogul, is adjusting to life behind bars. Once living in a multimillion-dollar Miami mansion, the first photos of the Bad Boy Records producer at the Federal Correctional Institution (FCI) Fort Dix in New Jersey have now surfaced.
The world's billionaires are unafraid to splurge on extravagant luxuries, such as superyachts, as a symbol of their wealth. One EV giant is even aiming to become the first trillionaire. The top ten richest individuals have gained $500 billion this year, with names like Jeff Bezos, Mark Zuckerberg, and Larry Ellison owning some of the most opulent yachts.
Shah Rukh Khan, the ultimate King of Bollywood, turned 60 and Shashi Tharoor couldn't help but express his disbelief at how young the actor looks. Tharoor jokingly claimed that Shah Rukh is actually aging in reverse, presenting "evidence" to support his claims. He also predicted that by the time Shah Rukh turns 70, he'll be auditioning for teenage roles.
BJP has slammed Lalu Prasad Yadav for mocking Kumbh and celebrating Halloween. BJP's Kisan Morcha wing urged voters in the poll-bound Bihar not to support him. Bihar elections will be held in two phases this month, with the first phase on November 6 and the second on November 11. The result will be announced on November 14.
Last week, the combined market valuation of four of the top 10 valued firms increased by Rs 95,447.38 crore, with Reliance Industries leading the pack. However, HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys, and Hindustan Unilever saw a decline in their valuation. Reliance Industries, SBI, and Airtel were the top gainers, while Reliance remained the most valued domestic firm.
Delhi's air quality has deteriorated to "very poor" levels with an AQI of 387, compared to 218 the previous day. The worst-affected areas are Wazirpur and RK Puram, both in the "severe" category as of 7 am today. Other hotspots include Bawana, Rohini, and Dwarka. Neighbouring cities also reported "very poor" air, with Dharuhera recording an AQI of 440.
SBI Research predicts that GST revenue for FY26 will surpass government's budget estimates, with most states like Maharashtra and Karnataka gaining 6% and 10.7%. Past rate changes show a temporary dip in collections followed by a rebound, resulting in additional revenues of Rs 1 trillion. In October, GST collections increased by 4.6%.
Tennessee’s Evolve Bank & Trust has fired its newly appointed CEO, Bob Hartheimer, after he was arrested in an FBI sting operation. Court documents seen by the Wall Street Journal on Friday revealed that Hartheimer, who had taken over as Evolve’s chief executive in August, was charged with “attempting to produce child pornography and sending sexually explicit material to a minor.”
Microsoft CEO Satya Nadella announced tech giant's plans to expand the workforce, focusing on AI and operational efficiency. “I will say we will grow our headcount, but the way I look at it is that the headcount we grow will grow with a lot more leverage than the headcount we had pre-AI,” he said. He also stressed the need to adapt to new ways of working as AI becomes central to Microsoft.
ISRO will launch the Indian Navy's GSAT-7R (CMS-03) communication satellite from Sriharikota on Sunday. Weighing 4,400 kg, it is India's heaviest Navy satellite and will provide robust telecommunication coverage over the Indian Ocean Region. The satellite includes indigenous components to meet the Navy's operational needs.
Millie Bobby Brown, known for Stranger Things, is also a successful entrepreneur with her skincare line. However, her on-set journey has been rocky due to co-star David Harbour's bullying and harassment accusations. The final season releases on November 26, with the last episode premiering on December 31-January 1. The Duffer Brothers promise big answers and intense visuals.
President Trump has warned of swift military action in Nigeria if the government doesn't address the killing of Christians. He has also suspended all aid to the country. Defense Secretary Hegseth supports this warning and the Department of War is preparing for action. Nigeria has been put back on the list of countries violating religious freedom and Trump has urged Congress to investigate.
Paris’s Louvre Museum was hit by a brazen day-light robbery on October 19, when thieves escaped with jewels worth around $102 million. Investigators say the entire theft took less than eight minutes. In a recent development, two more people have been charged in connection with the theft, bringing the total number of individuals formally charged to four.