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SoftBank sells 1.56% Lenskart stake for 1,896 crore, Goldman biggest buyer
SoftBank, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded 2.72 crore shares in 10 tranches at an average price of 697.15 apiece on Friday
A groundbreaking microscope developed by MIT enables ultra-fast imaging of neuronal activity in zebrafish brains, achieving scans at an impressive 200 frames per second. Although only 25% of neurons have shown responses thus far, this represents a pivotal stride in neuroscience. Researchers aspire to leverage this technology for insights into neuron interactions within networks, potentially broadening its application to more sophisticated animal models in future investigations.
This European country is offering 3 days off from work to play GTA 6, but there's a catch
The course is not a GTA 6 gaming holiday. It uses open-world games as a learning environment to teach skills that can be applied to professional life. The timing has gained attraction because participants may be able to explore a newly released game while attending an officially recognised educational programme.
Tata Steel net up 18% in Q2 on better realisation
The results come as the company pursues ongoing investments, including capacity expansions at Neelachal Ispat Nigam and downstream projects
State Bank of India expands US footprint with new branch in Texas
State Bank of India expanded its banking subsidiary footprint in the United States with the inauguration of a new branch of SBIC Bank in Frisco, North Dallas, Texas. The branch, inaugurated by SBI Chairman Challa Sreenivasulu Setty, represents the subsidiary's first office outside California and takes its total branch count in the country from seven to eight.
The upcoming Bengaluru-Goa Vande Bharat Express could disrupt the schedules of 13 existing trains and affect nearly 15,000 passengers along the Western Ghats route. The new service will receive priority on the 55-km Sakleshpur-Subrahmanya Road stretch.
In June 2022, the Spirit of Norfolk, a dinner cruise vessel, suffered a devastating fire and was declared unusable. Following a period of storage, Okaloosa County acquired the ship with a unique plan: to intentionally sink it 128 feet below the surface, creating an artificial reef. This innovative project supports marine ecosystems in line with Florida's commitment to improving underwater habitats through repurposed ships.
NZ vs IND, 2nd ODI: Gurnoor Brar's four-wicket streak leads India to win by four runs
Team India achieved a narrow victory over New Zealand by just four runs in Wellington. India's bowlers dominated the New Zealand batting lineup, led by Gurnoor Brar's impressive four-wicket haul. Despite a rocky start in their chase, Shreyas Iyer and KL Rahul contributed significant runs to the team's score. Rain interrupted the match, and India was slightly ahead of the DLS target when play resumed.
Gujarat Energy to foray into Compressed Bio-Gas space with 100 crore investment; seeks JV partners
The Gujarat government-owned PSU has issued an expression of interest inviting JV partners to set up and run CBG plants, with an estimated investment of about 100 crore
Rebranding after defeat: Vance's quest to establish a strong identity for the 2028 election cycle
Vice President JD Vance has recently altered his campaign strategy to emphasize his political policies and identity. He argued that the Republican focus should shift away from Donald Trump's issues that contributed to their midterm losses. Vance called for addressing economic concerns and ending the Iran war, which he believes negatively impacted Republican candidates.
Coca-Cola Indias bottling arm HCCH files DRHP for IPO
Hindustan Coca-Cola Holdings Limited has submitted its Draft Red Herring Prospectus to SEBI for an IPO. This IPO will involve an Offer for Sale of nearly one billion equity shares by the promoter. Coca-Cola India aims to enhance its asset-light operating model while focusing on brand development and digitization. The company has shown impressive revenue growth in its recent financial performance.
Dalal Street Week Ahead: Nifty bulls come back to life, but 25,00025,200 zone poses next test
Indian equity markets rallied significantly following the results of the US midterm elections, which were favorable for investors. The Nifty Index saw a large gain and reclaimed important moving averages, indicating improved market sentiment. Some consolidation is expected, as the Index approaches broader resistance levels between 25,000 and 25,200. Various sector indices showed differing momentum as they contrasted against the broader Nifty 500 Index.
Mumbai (Maharashtra) [India], November 7: Yamaha Music India is celebrating the festive season with an expanded portfolio of musical instruments for Indian musicians, led by the India launch of Guild and Cordoba. Alongside the introduction of the two guitar brands, Yamaha Music India is expanding its portfolio with the Yamaha CK76 Stage Keyboard, the premium YUS5 Upright Piano - World's Grandest Upright, the DU1 ENST Hybrid Upright Piano, and the South Indian Movie Voice & Style Expansion Pack for compatible arranger keyboards.
In July 2023, the North Carolina Division of Marine Fisheries implemented an innovative project by submerging recycled concrete pipes and manholes as artificial reefs about 28 miles off Beaufort. This initiative has successfully lured both fish and divers, showcasing the potential of reclaimed materials to enhance marine habitats. However, while artificial reefs show promise, they are not a complete fix for diminishing fish habitats.
More than 100 activists occupied Microsoft AI data centre construction site in Amsterdam on Nov 6 as part of a two-day campaign spanning 16 countries. Protesters have raised concerns over electricity and water consumption.
Tata Steel Q2 net profit up 18.2 per cent Y-o-Y, led by India operations
Consolidated revenue increased 11.5 per cent to Rs 65,436 crore, while EBITDA rose 14 per cent sequentially to Rs 10,665 crore, led by stronger India operations
Divi's Lab net profit surges 63% to 1,127 cr in Q2
Revenue from operations rose 35.39% to 3,676 crore during the second quarter of FY27 from 2,715 crore a year earlier
Force Motors to launch EV on Traveller platform in Q4 FY27
The company plans to introduce multiple Traveller EV variants, followed by an electric version of its Urbania people carrier
Divi's Labs Q2 result: Net profit rises 64% to 1,127 cr on higher revenue
Divi's Laboratories Ltd on Saturday posted a sharp 63.57 per cent rise in net profit to Rs 1,127 crore in the September quarter due to higher revenues. The company posted a net profit of Rs 689 crore in the corresponding period of the previous fiscal year, a regulatory filing said. Revenue from operations rose 35.39 per cent to Rs 3,676 crore during the second quarter of FY27 from Rs 2,715 crore a year earlier, it said. Its total expenses rose to Rs 2,265 crore in the period under review from Rs 1,948 crore a year ago, it added. The company's net profit for the first half of the current fiscal year, however, declined 35.39 per cent to Rs 2,029 crore from Rs 2,568 crore in the year-ago period, the filing added.
TRISHAAR: Building a Multi-Category Indian Brand Inspired by the Spirit of the Himalayas
New Delhi [India], November 7: TRISHAAR is an emerging Indian brand envisioned to create a distinctive identity across multiple product categories, drawing inspiration from the natural beauty, cultural richness and timeless spirit of the Himalayas.
Coca-Colas India bottling arm files draft papers for Rs 9,500 crore IPO
Hindustan Coca-Cola Holdings plans to conduct an initial public offering through an offer for sale of equity shares. The proposed IPO is expected to raise around $1 billion, aiming for a valuation of $10 billion. Coca-Cola Company and Jubilant Bhartia Group hold significant stakes in the company after a recent stake sale. The IPO proceeds will benefit the promoter selling shareholder with no funds directed to Hindustan Coca-Cola Holdings.
Wipro has appointed former executive Angan Guha to lead its Americas 2 Strategic Market Unit, nearly four years after he left the IT major to join Birlasoft. His return comes amid slowing revenue growth in the business.
I&B Ministry invites applications from startups working in films for participation at WAVES Bazaar
The initiative aims to provide an exclusive platform for innovative startups to showcase their products, technologies and solutions to the national and international film and media industry
ONGC Videsh, the overseas investment arm of ONGC, has over $500 million in pending dividend from its stakes in the two projects: San Cristobal and Carabobo 1 field.
Concurrent Gainers: 9 stocks gain for 5 days in a row
Over the five trading sessions ending November 6, the Sensex surged 8.82%, or 6,568 points, to close at 81,028, marking gains in each of the five sessions. Amid this broad-based rally, around 45 stocks from the BSE 200 index advanced in all five consecutive sessions from November 2 to 6. Of these, we shortlisted 9 stocks that consistently gained throughout the period, delivering cumulative returns ranging from 15% to 20%. (Data Source: ACE Equity)
The latest enforcement order was issued after the SICC, on August 26, 2026, dismissed all of Tata Power's applications to set aside the arbitration awards issued in Kleros's favour.
Noel Tata to step down as Voltas chairman, appointed Chairman Emeritus
Noel Tata retired as Voltas chairman and director on November 11 upon reaching the age of superannuation
Gautam Adani's wealth rose by $30.8 billion to $119 billion over the past year, while Mukesh Ambani lost $16.3 billion, taking his fortune to $88.3 billion. Here's how India's richest billionaires fared.
Why Deepinder Goyal's Temple is drawing social media scrutiny
Eternal founder Deepinder Goyals 85,000 Temple wearable has drawn scrutiny from doctors over claims about brain blood flow and its unvalidated Entropy metric. Goyal says it is a fitness and wellness product, not a medical device.
Kolkata (West Bengal) [India], November 7: What makes a destination memorable? It is often more than its landscapes or monuments. It is the food, the flavours, the traditions and the warmth of the people who welcome visitors. Recognising the importance of these experiences to tourism, the International Institute of Hotel Management (IIHM), part of the Indismart Group, has entered into a three-year Strategic Partnership Memorandum of Understanding with the Government of Andhra Pradesh, through the Andhra Pradesh Tourism Authority.
Kwality Wall's Q2FY27 result: Revenue rises 44%, net loss at 17 crore
Kwality Wall's reported a net loss of 17.2 crore in Q2 FY27, compared with 100.2 crore a year ago; revenue rose 44% year-on-year but fell 47.2% sequentially
OMCs refute Karnatakas E20 report, seeks additional details about procedure
The state-owned OMCs held the 56 samples tested by them from across the state reported an average 19.3% ethanol content in the vehicular fuel.
Mumbai (Maharashtra) [India], November 7: Finkurve Financial services Limited (NSE: FINKURVE; BSE: 508954), among leading Tech-first Gold Loan NBFC, announced its financial performance for the quarter and half year ended 30th September 2026.
Voltas has appointed Tata Consumer Products CEO Sunil D'Souza as Chairman from November 12, replacing Noel Tata, who retires at 70 under Tata Group governance guidelines. D'Souza brings over 30 years of experience across HUL, PepsiCo and Whirlpool.
Kirloskar-backed NBFC Arka gets 525 cr initial commitment from TPGs Rise Funds
The investment could increase by another 275 crore, subject to Arka meeting specified business milestones and obtaining regulatory approvals.
Temasek sells nearly 4% stake in CarTrade Tech for 470 crore
Temasek, through its affiliate MacRitchie Investments Pte Ltd, offloaded 18.20 lakh shares, representing a 3.74% stake in Navi Mumbai-based CarTrade Tech
Patakha stock picks! ICICI Bank, BEL, 6 other stocks with 62% to buy this Samvat 2023. See full list
In this environment, sustainable wealth creation is likely to depend less on broad-based market movements and more on identifying businesses capable of delivering consistent earnings growth.
US intelligence believes Nvidia CEO Jensen Huang had relationship with 'Chinese spy': What we know
US intelligence believes Nvidia CEO Jensen Huang had a relationship with a Chinese businesswoman suspected of spying for Beijing. The allegations have triggered fresh scrutiny of Nvidia's China links and security risks.
Delhi schools to hold classes up to Class 5 in hybrid mode as pollution worsens
The Delhi Directorate of Education has mandated that all schools offer hybrid classes for students up to class 5. This decision comes in response to the deteriorating air quality in the national capital. Classes will allow for both in-person and online attendance to accommodate students' needs. School heads must notify parents and guardians about these arrangements promptly. Education officials will visit schools to ensure the implementation of these new directives.
FDA investigates tumour risk linked to Novartis Zolgensma gene therapy
The investigation follows disclosures of tumour cases in children, prompting fresh scrutiny of the safety of the one-time gene therapy
OpenAI raises $11 billion at $1.25 trillion valuation amid concerns over AI spending and regulation
OpenAI has secured $11 billion in the first tranche of a funding round valuing it at $1.25 trillion, with the total potentially reaching $20 billion. The fundraising comes amid a tech sell-off and growing investor concerns over AI spending and regulation.
Noel Tata to retire as Titan Vice-Chairman on November 12 under Tata Group age policy
The November 5 disclosure specifies his exit from Titans board, while leaving open questions about his leadership positions across other group companies
From 250,000-unit ambitions to a production wind-down: What went wrong with Elon Musk's Cybertruck?
Tesla will wind down Cybertruck production at its Texas factory by mid-2027 to make room for its Cybercab robotaxi. The pickup struggled to meet sales expectations despite Musk's ambitious projection.
Anthropic IPO valuation: Why investors are lowering expectations after Wall Street sell-off
Anthropic's IPO valuation expectations have fallen sharply after a Wall Street sell-off, with investors now discussing a range of $1.2 trillion to $1.3 trillion, down from earlier expectations of up to $2 trillion.
India moves to set standards for hydrogen-powered trucks
Decarbonising freight transport is important because diesel trucks account for around 5% of India's vehicle fleet but contribute 34% of the transport sector's carbon emissions
The Economic Times wishes you and your loved ones a very happy and prosperous Diwali 2026
Mphasis, Coforge shine in strong Q2 for IT midcaps while Sonata faces seasonal headwinds
Mid-sized IT firms delivered mixed Q2 results amid macro headwinds, with Mphasis and Coforge posting strong growth while Sonata faced seasonal pressures.
QatarEnergy eyes NextDecade Train 6 supply in latest US LNG push, sources say
NEXT DECADE-QE/SUPPLY DEAL:QatarEnergy eyes NextDecade Train 6 supply in latest US LNG push, sources say
Walleye to Return $2 Billion to Clients in Stocks Trading Reset
Walleye Capital plans to return about $2 billion to clients following its decision to cut back on equities trading.
Angan Guha is the former Birlasoft CEO. In Wipro, Guha will report to Srini Pallia, Chief Executive Officer and Managing Director.
Deepinder Goyal's Temple gets thumbs-up from Unacademy co-founder Gaurav Munjal: True potential
Unacademy co-founder Gaurav Munjal praised Temple, Deepinder Goyals wearable, for its lightweight design, sleep tracking and food monitoring, saying it could become a global product made in India. He said its apps user experience needed improvement.
Dhanteras special | DDA offers 445 MIG flats from 43 lakh: Check booking amount and eligibility
The prices of the MIG flats range from approximately 43 lakh to 1.1 crore. The final cost will depend on the size of the flat, its location, category and applicable charges.
PVR INOX Ltd is offering a curated all-vegetarian menu to celebrate Ramayana release. It is also offering a special collection of Rudraksha which moviegoers can take home.
Frontier Raas expands retail footprint with new Ahmedabad store; Kangana Ranaut attends launch
Indian ethnic and occasionwear brand Frontier Raas inaugurated its new store in Ahmedabad on November 1, 2026, marking another step in its retail expansion.
The appliance has separate storage for flour and water, along with a glass container for the sourdough starter. Users load flour and water into their respective compartments and keep their starter in the glass crock. The measured quantities of flour and water are automatically dispensed by the machine. The ingredients are mixed into the starter according to the selected feeding schedule.
Apple's predictive text curbs vulgar, sensitive, drug-related phrases
An undisclosed multilingual list restricts iPhone autocomplete and swipe-typing suggestions for thousands of words and phrases, including politically sensitive terms
Zomato launches limitless delivery; how the new service works and what it offers check details here
Zomato has launched Limitless Delivery feature in seven Indian cities, allowing customers to order from restaurants up to 40 km away. Details here.
Madhavan Hariharan to take over as Birlasoft CEO
Less than an hour after Birlasoft announced the exit of CEO Angan Guha, Wipro announced his appointment as the head of one of its largest business lines, Americas 2.
NBFC credit to gold jewellery, consumer durables grows over 50 pc in Sep: RBI data
In September 2026, non-banking finance companies' credit to gold jewellery and consumer durables surged significantly. Credit for gold jewellery rose by 66.1 per cent to Rs 3.74 lakh crore compared to the previous year. Consumer durables also saw a 54.4 per cent increase in credit, reaching Rs 77,896 crore. Overall, credit growth for NBFCs stood at 15.4 per cent, totaling Rs 61.69 lakh crore.
Officials from Enforcement Directorate visited Neblios Bengaluru office as a part of a routine enquiry, the company says
AvenuesAI Q2 revenue jumps 47% as AI-first fintech transformation gathers momentum
AvenuesAI reported a steady set of second-quarter FY27 numbers, with the company continuing to build momentum behind its broader transformation from a payments gateway-led business into an AI-first financial technology infrastructure platform.
Once operational, the solar project is expected to produce 810 million units (MUs) of renewable electricity annually. It is also estimated to prevent around 103,820 tonnes of carbon emissions every year.
Marico to acquire 51% stake in Bonorizon Consumer Ventures for 35 crore
The FMCG major will acquire the stake through primary subscription and retain the right to purchase the remaining equity after three years, subject to certain conditions
The dispute centres on whether Ann's daughter, Christine Giurdanella-Renzi, and the family's former lawyer can be barred from invoking the missed deadline because of alleged concealment and conflicts of interest.
TTK Prestige Q2 profit surges 65% to 104.4 crore as domestic sales drive growth
Domestic sales grew 23.4% to 944.5 crore, while export sales declined to 14.8 crore from 21.3 crore a year ago
ONGC expects to acquire operatorship rights in Venezuelan oil projects in 3-6 months time
ONGC holds 40% interest in Venezuelas San Cristobal oil project and 11% stake in Carabobo project.
China has blocked SoftBanks $5.4 billion acquisition of ABBs robotics business, citing concerns over strategic technology and data security. The move follows Beijings decision to unwind Metas $2 billion-plus acquisition of AI startup Manus, signalling tighter scrutiny of foreign investments.
Chandra hire DSouza is Voltas chair; Trent MD joins board
The appointment puts one of Noels longest-held board positions in the hands of an executive hired by Tata Sons chairman N. Chandrasekaran, who chairs Tata Consumer, and is Noel's rival in a deepening leadership tussle within the group.
This Samvat, can large companies learn to think like entrepreneurs?
As the new Samvat begins, large companies must embrace entrepreneurial thinking, foster innovation and build the agility to respond to uncertainty rather than rely solely on budgets and forecasts
Aster DM Q2 PAT rises 34% to 281 crore, revenue up 19%
Revenue from operations rose 19% year-on-year to 2,829 crore
SBI alleged that the company failed to utilise the sanctioned funds in accordance with the terms and conditions of the loan facilities
SBI alleged that the company failed to utilise the sanctioned funds in accordance with the terms and conditions of the loan facilities
Data Patterns Q2 PAT down 55% at 22 crore
Data Patterns revenue from operations dropped 57% to 133 crore
Premium segment fuel demand for consumer appliances this Deepavali
Executives from Haier, LG Electronics India and Godrej report double-digit value growth expected by seasons end, supported by attractive financing
Auto sales dip in Dhanteras due to a higher base last year
But OEMs see high footfalls at showrooms during the festival period
Goldman Sachs names Gowri Sekar as its first woman partner in India
Goldman Sachs has elevated Gowri Sekar as its first woman partner in India, alongside Ashoke Sharma, as the US investment bank announces its largest partner class since 2010
Angan Guha rejoins Wipro as CEO of its Americas 2 unit, effective Dec 8
Angan Guha, who spent nearly 29 years at Wipro before joining Birlasoft in 2022, will return as CEO of the Americas 2 unit on December 8 and report to CEO Srini Pallia.
TASE Global secures 300 crore from ValueQuests Tristar Fund
The investment signals a strategic push to scale high-value manufacturing for global OEMs and Tier-1 suppliers, with the cashset to accelerate the companys next growth phase
Britannia to closely watch Reliance Consumer's entry into biscuit market
Britannia Industries will monitor Reliance Consumer's expansion into biscuits as competition intensifies, while planning further price hikes amid inflation and rising ecommerce demand
Paras partners with US-based BroadPak to build advanced semiconductor packaging capabilities
Through this partnership, Paras Semiconductors aims to establish an advanced heterogeneous integration and 3D packaging OSAT facility in India
Gland Pharma Q2FY27 results: Net profit rises 58% to 290.75 crore
Gland Pharma on Friday posted a 58.29 per cent rise in consolidated net profit to Rs 290.75 crore in the September quarter, driven by strong execution across businesses. The company had reported a net profit of Rs 183.68 crore in the year-ago period. The pharmaceutical company's revenue from operations rose to Rs 1,833.58 crore in the quarter under review from Rs 1,486.87 crore a year ago, the company said in a regulatory filing. Total expenses also rose to Rs 1,471.69 crore in the July-September period from Rs 1,287.12 crore a year earlier, it said. The company launched four molecules -- Sugammadex, Erythromycin, Fluorouracil and Atropine sulfate -- in the US this quarter, it said in a release. Gland Pharma Executive Chairman Srinivas Sadu said, We delivered another quarter of strong growth...driven by strong execution across our businesses. Our CDMO business grew 31 per cent year-on-year, supported by expanding customer engagements, strategic partnerships and a robust opportuni
Moscow International Game Week Discusses Cooperation with India and Emerging Market Trends
New Delhi [India], November 6: Dev Mukesh, founder of Indian company Banzan, took part in the second Moscow International Game Week. He spoke about changes in India's games market and opportunities for cooperation with Russian companies, including co-publishing and adapting games, talent development and investment.
Higher raw material costs drag down Coromandel Q2 PAT
Net profit declines by 34%. to 523 cr; total income up 6%
Honasa Consumer eyes hair colour entry as Q2 net profit jumps 87% to 73 crore
Focus categories, including face cleansers, shampoos, face serums, suncare and moisturisers, grew over 40% during the quarter and accounted for more than 80% of its business.
Jindal SAW to set up 300,000-tonne seamless pipe plant in Abu Dhabi
The project will be the UAEs first seamless pipe manufacturing facility using PQF technology and the second of its kind in the Middle East and North Africa (MENA) region.
Hindalco sees consolidated debt peak at 80,000 crore, targets Novelis leverage at 2.5x by FY31
Debt reduction should accelerate next quarter as major projects near completion, EBITDA improves, and stronger free cash flow funds debt repayment
ADNOC inks 10-year LNG supply and purchase agreement with Gujarat Energy
This would be ADNOCs fifth long-term LNG supply agreement with India.
Airtel restores 299 prepaid plan withdrawn in August as additions slow
Bharti Airtel has restored its 28-day 299 prepaid plan after net customer additions slowed in Q2FY27, while shifting focus to upgrades, postpaid and other levers to boost ARPU.
Honasa Consumer Q2 net profit rises 87% to 73.24 crore, revenue up 36% to 731.18 crore
Mamaearth brand sustains growth in the high-teens
The CBI has booked Future Retail founder Kishore Biyani and his brother Rakesh in an alleged 904.32-crore bank fraud case following an SBI complaint. The agency searched premises linked to Biyani in Mumbai, alleging loan fund diversion through associate companies.
