29 C 
Nayara Energy revamps Vadinar Refinery enabling lesser planned shutdowns
Nayara Energy has also adopted a phase-wise asset development strategy
M&M Q2 consolidated PAT surges on strong SUV demand, beats Maruti and Hyundai
Companys cost controls and pricing actions offset commodity inflation and rural demand weakness from an El Nio-hit monsoon.
Mehta's next professional move remains unknown. Neither Welspun Corp nor Mehta has announced any new assignment following his resignation.
Cosmoserve unveils Hyderabad facility for space debris removal, refuelling
Cosmoserve Space unveils Base 1 in Hyderabad for space debris removal and satellite servicing, raises $6 million in seed funding and targets commercial operations by 2028
IRB Infra Q2 profit rises 85% to 260 crore on toll revenue growth
IRB Infrastructure Developers' Q2FY27 net profit rose 84.85% to 260.15 crore, supported by 15% growth in toll revenue and higher distributions from its InvIT.
ONGC net profit jumps 57% to 15,488.64 crore on higher oil, gas prices
Revenue from operations rises to 43,875 crore in Q2FY27, while first-half profit nearly doubles year-on-year
Jio Platforms is in talks with US cable giants Comcast and Charter to license its wireless broadband technology. How could the proposed partnerships help Mukesh Ambani expand overseas?
LIC Q2 net profit jumps 20% to 12,076 cr; total income rises to 2.63 trn
LIC reported a 20% year-on-year increase in net profit to 12,076 crore in Q2FY27, according to its latest earnings announcement.
Sebi approves net settlement of cash market trades for mutual funds
Indias Securities and Exchange Board of India (SEBI) has greenlit the introduction of net settlement for mutual fund schemes, set to take effect on April 1, 2027. This initiative is designed to streamline funding requirements and boost market efficiency. Previously, net settlement was exclusive to foreign portfolio investors. Eligible transactions will now be confined to sales or purchases of a specific security, while cross-scheme netting will remain prohibited.
Home grown watch brand IST 1947 gaining traction
Founded by Karan Vaidya, both the collections released so far, Arka and Vanya, are now sold out on the brands website
Goa [India], November 5: Abhi TransAfrica Logistics & Traders Ltd., an integrated Supply Chain and International Trade company, marked a significant milestone through its association as a strategic business partner of the 4th India-Africa Business Conclave, held on 29-30 October 2026 during the Vibrant Goa Global Business Summit.
Mistry challenges removal as SDTT trustee
New Delhi: Mehli Mistry has challenged his removal as a trustee of Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamsetji Tata Navsari Charitable Institution before the Maharashtra Charity Commissioner, alleging procedural irregularities and violations of trust governance rules.In three rejoinders and applications filed before the Deputy Charity Commissioner, Mistry has questioned the legality of the decisions leading to his removal, the eligibility of certain trustees and their participation in decisions concerning his reappointment.He has also sought an independent inquiry into SDTT's administration, alleging conflicts of interest, improper retention of financial benefits by trustees and irregularities in decisions involving Tata Group companies and the trust's investments in Tata Sons.A key issue raised by Mistry concerns Venu Srinivasan's participation in the decision on his reappointment. Mistry has argued that Srinivasan's tenure as a trustee ended on October 23, 2025, while he communicated his vote against Mistry's reappointment on October 28.Read more: Tata Sons Chairman Chandrasekaran meets Italian PM Meloni after Iveco acquisitionAccording to Mistry, the trust's own records acknowledged that Srinivasan was no longer a trustee when he cast his vote. He has pointed out that a footnote in the records stated that Srinivasan's vote should be disregarded for this reason.However, Mistry contends that removing the vote from the final count does not address the larger issue, as Srinivasan was still included in the decision-making process. He has argued that the entire resolution was invalid because the body considering his reappointment was not properly constituted.Mistry has also disputed the trust's position that his three-year tenure ended on October 28, 2025, requiring a fresh resolution for reappointment. He has cited the SDTT Trust Deed of March 11, 1932, arguing that it does not prescribe a fixed tenure for trustees.He has further relied on an October 17, 2024, joint resolution of SDTT and Sir Ratan Tata Trust, which provided for the reappointment of trustees after the expiry of their tenure without any limitation on the renewed term, subject to applicable law.Read more: Finance Minister Sitharaman urges Tata to resolve feud amicably, rules out govt interventionIn a separate challenge concerning the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, Mistry has questioned the eligibility of trustees under the trust deed. He has cited provisions requiring trustees to profess the Parsi Zoroastrian faith and meet specified residency conditions.On this basis, he has questioned the eligibility of Venu Srinivasan and Vijay Singh. He has also raised questions about Noel Tata's alleged Irish citizenship and UAE residency, arguing that eligibility requirements should be applied uniformly to all trustees.Mistry has sought affidavits from trustees confirming that they meet the qualifications prescribed under the trust deed. He has also disputed the trust's position that the relevant eligibility provisions are invalid or unenforceable.Separately, Mistry has sought an inquiry into the financial affairs of SDTT, particularly commissions and other benefits allegedly received by trustees serving as nominee directors in Tata Group companies.His application refers to an annual commission of approximately Rs 1.42 crore received by Noel Tata from Tata Sons Private Limited during FY 2024-25, as reflected in corporate filings.He has also raised questions concerning the engagement of Gerry McGovern for Norton Motorcycles, equity infusion into Tata International Limited and alleged deviations from unanimous resolutions on voting the trust's shareholding in Tata Sons.Mistry has argued that such matters could involve conflicts of interest and breaches of fiduciary duties. He has urged the Charity Commissioner to examine corporate filings, declarations of interest, board records and relevant approvals.He has sought rejection of SDTT's preliminary objections and an inquiry or inspection under the Maharashtra Public Trusts Act, 1950.Importantly, Mistry has clarified that he is not seeking reinstatement as an SDTT trustee. Instead, he has sought an examination of the trust's administration and the appointment of an independent administrator, if required, to ensure its proper functioning.Mistry's trusteeship of SDTT and Sir Ratan Tata Trust ended in October 2025 after three trustees opposed his reappointment. On November 4, 2025, he had written to Tata Trusts trustees, including chairman Noel Tata, describing his departure as a harmonious exit and saying he did not wish to drag the charitable institutions into controversy.In the letter, he stressed the need to protect the reputation of the institutions and uphold transparency, good governance and public interest. He also cited a quote attributed to the late Ratan Tata: Nobody is bigger than the institution it serves.Mistry had earlier filed a caveat before the Maharashtra Charity Commissioner, seeking an opportunity to be heard before any changes were made to the register of trustees.
Narayana Murthy once wanted to work at Wipro. Why did Azim Premji turn him down? Heres the story
Infosys founder Narayana Murthy once applied for a job at Wipro but Azim Premji turned him down. Years later, Premji called it one of his biggest mistakes.
Mehli Mistry challenges removal as Tata Trusts trustee, seeks independent inquiry into governance
By Shashwat Singh Mehli Mistry has challenged his removal as a trustee of Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamsetji Tata Navsari Charitable Institution before the Maharashtra Charity Commissioner, alleging procedural irregularities and violations of trust governance rules. In three rejoinders and applications filed before the Deputy Charity Commissioner, Mistry has questioned the legality of the decisions leading to his removal, the eligibility of certain trustees and their participation in decisions concerning his reappointment. He has also sought an independent inquiry into SDTT's administration, alleging conflicts of interest, improper retention of financial benefits by trustees and irregularities in decisions involving Tata Group companies and the trust's investments in Tata Sons. A key issue raised by Mistry concerns Venu Srinivasan's participation in the decision on his reappointment. Mistry has argued that Srinivasan's tenure as a trustee ended on October 23, 2025,...
Juniper Hotels Q2FY27 net profit more than doubles to 37.2 crore
Juniper Hotels reported a 121 per cent rise in Q2FY27 net profit to 37.2 crore, supported by higher room rates and occupancy, while total income grew 10 per cent to 258.1 crore.
LexisNexis Risk Solutions Extends Risk Intelligence to Agentic Activity
Atlanta [US], November 5: LexisNexis Risk Solutions has extended its powerful risk intelligence solutions to help organizations understand and assess a new class of digital actor: AI agents operating on behalf of people and businesses.
Bikaji Foods shares rally 4% as Q2 revenue hits 938.5 crore, but margins squeeze on rising costs
The stock rose to an intraday high of 509.90, with 10.56 lakh shares traded (52.66 crore); Market cap: 12,346.26 crore
Airtel's premiumization strategy drives strong Q2 revenue and Ebitda growth
Higher Arpu, postpaid additions and a strong Africa business lifted Airtel's September-quarter performance, even as net profit missed estimates and mobile subscriber additions slowed.
Alembic Pharma Q2 net surges 81% to 335 crore
U.S. business was driven by strong volume growth and new launches. In U.S. Branded, we are encouraged by the traction building across our existing portfolio, said
LG Electronics India Q2 net up 25.7% on balanced volume and value growth
Sanjay Chitkara, Co-Chief Sales and Marketing Officer, LGE India told businessline said the companys growth is not merely price-led but its coming from both mass and premium segments
Bharti Airtel Q2 net profit rises 24% to 10,710 cr, revenue grows 16.7%
Bharti Airtel's Q2 net profit rose 30.9% year-on-year but missed estimates, as higher network operating costs offset subscriber additions and upgrades to premium plans.
M&M cuts FY27 tractor industry growth forecast to flat amid drought fears
Deficient rainfall in Maharashtra and Karnataka weighs on tractor demand, prompting M&M to cut its FY27 industry growth outlook to flat, though northern markets remain resilient
Aurobindo Pharma Q2 net up 32.5% to 1,124 cr on higher revenue
The strong performance the company has delivered in Q2 reflected the strength of the business fundamentals, sustained execution and the resilience of its diversified product portfolio.
India is planning a 1.31 lakh crore railway corridor connecting Bilaspur in Himachal Pradesh to Leh in Ladakh. Spanning 489 km, the proposed line could feature the world's highest railway station at 17,244 feet and include 270 km of tunnels.
The proposed transaction, approved by the Indian government on October 14, involves the sale of a combined 60.72% stake held by the Centre and Life Insurance Corporation of India (LIC) to Fairfax.
Blinkit Ambulance to charge 2,500 for non-emergency trips amid misuse
Blinkit Ambulance will introduce a 2,500 charge for non-emergency transfers to curb misuse of its services, while emergency ambulance trips will continue to remain free
Rajesh Power Services bags 1,629 crore order in Gujarat
With the mega order, the companys aggregate order book has surged 35% to about 5,400 crore from 4,000 crore
The Enforcement Directorate (ED) on Tuesday said it has attached 510.17 crore worth of properties of Reliance Anil Ambani Group in connection with its ongoing alleged bank fraud cases involving its group companies.
11 smallcap stocks maintain over 10% profit margin in Q1 and Q2, shares rally 150-350% in FY27
Eleven smallcap stocks have maintained net profit margins above 10% in both Q1 and Q2FY27, while delivering share price gains of 151% to 352% so far this fiscal year.
In a groundbreaking study, scientists have engineered starfish egg cells to respond to light stimuli, allowing them to dynamically alter their shapes. These cells can morph from elongated squares to contracted forms depending on the intensity of light exposure. This innovative research opens doors for potential advancements in synthetic biology, including tissue repair and targeted drug delivery systems that activate precisely where needed.
Venomics AI raises $2.7 million to discover drugs from animal venom
The IISc spinout will use the pre-seed funding to expand its Venom Atlas molecular database, strengthen AI-led drug discovery and laboratory screening, and validate potential drugs.
Emami Q2 results: Profit rises nearly 2% at 145 cr, revenue up 36%
The company had posted a PAT of 148.35 crore in the July-September period a year ago, according to a regulatory filing from Kolkata-headquartered Emami
Barclays to invest 1,500 crore in India, boost banking businesses
The investment is aimed at strengthening its investment banking and private banking businesses in the country, according to an official statement
CESC Q2 profit slips to 438 cr
Total income of the RP-Sanjiv Goenka Group firm rose to 5,686 crore in the quarter from 5,351 crore in the same period a year ago.
Blinkit Ambulance to charge 2,500 for non-emergency transfers amid alleged misuse of free services
Blinkit Ambulance says the fee, to be paid after the trip, aims to deter routine bookings and keep fully equipped units available for critical emergencies, while funds support the Eternal Foundations expansion.
Fairfax India raises stake in IIFL Capital to 38% with 2,000 cr investment
Fairfax India Holdings Corporation, through its affiliate FIH Mauritius Investments Ltd (FIHM), has acquired additional 11.22 per cent stake in IIFL Capital for Rs 2,000 crore. IIFL allotted 57,142,857 equity shares to FIHM on November 4, 2026 for Rs 350 per share aggregating to Rs 2,000 crore, IIFL Capital said in a regulatory filing. Following the preferential allotment, Fairfax India Holdings Corporation's stake in IIFL Capital has increased to 38.04 per cent from 26.82 per cent. In terms of Regulation 22(2A) of SEBI (SAST) Regulations, the subscription shares allotted under this preferential issue will not have any voting rights until the completion of the open offer and will be held under a separate share escrow account (i.e. demat escrow) as required under the SEBI (SAST) Regulations, it said. The Competition Commission of India (CCI) in September cleared Fairfax India Holdings Corporation's proposal to acquire an additional stake in IIFL Capital Services. FIHM is a ...
Redbrick Offices Crosses Key Milestone of 2.5 million Sq. Ft. in Mumbai with its Latest Expansion
Mumbai (Maharashtra) [India], November 5: Redbrick Offices, India's First Enterprise Managed Workspace Provider, has crossed 2.5 million sq. ft. in Mumbai with the addition of about 0.5 million sq. ft. of new Grade A space across four centres. The centres will add about 10,000 seats and are scheduled to open in the January to March quarter of 2027.
Tilda's 'Feel Home with Tilda' Campaign Captures the Universal Sentiment of Belonging
New Delhi [India], November 5: Global premium rice brand Tilda has launched its international brand campaign, 'Feel Home with Tilda', across Delhi's Indira Gandhi International Airport (Terminal 3, Departures) and Toronto Pearson International Airport in Canada (Arrival). Timed with the onset of the festive season and ahead of the peak December to January window, when millions of Non-Resident Indians (NRIs) and students fly home, the campaign aims to reinforce the brand's international presence while building recall in India.
CERT-In flags vulnerability in Tata Motors mobile apps iRA 2.0, iRA.ev
Company says applications have been addressed through software updates and enhanced security measures
Tata Sons Chairman meets Italian PM Giorgia Meloni after Iveco acquisition
The meeting comes as the two companies begin integration and joint strategic planning following the acquisition of the Italian commercial vehicle manufacturer.
Indias festive car buyers prioritise safety and efficiency over price, survey finds
Safety emerged as the single most important purchase factor, cited by 57% of respondents, followed by fuel efficiency at 51.6% and price at 47.2%
Why Blinkit Ambulance will now charge 2,500 for non-emergency transfers
Blinkit Ambulance will charge 2,500 for non-emergency transfers while keeping emergency rides free. Deepinder Goyal said the move will ensure ambulances remain available for critical cases
CESC Q2 results: Net profit slips 2.2% to 438 cr, income at 5,686 cr
Power utility CESC Ltd on Thursday reported 2.2 per cent fall in consolidated net profit at Rs 438 crore for September quarter FY27. In the year-ago period, the net profit was Rs 448 crore, an exchange filing said. Total income of the RP-Sanjiv Goenka Group firm rose to Rs 5,686 crore in the quarter from Rs 5,351 crore in the same period a year ago.
Mahindra & Mahindra Q2 FY27 net profit rises 25% to 4,588 crore
Consolidated revenue reaches 57,553 crore in the September quarter, driven by strong SUV sales and a 55% rise in automotive segment profit.
M&M Q2 consolidated profit rises 25% to 4,588 cr on strong auto show
Auto business profit jumped 55 per cent as revenue grew 39 per cent, while the farm business saw lower sales and profitability amid a festive-season shift and margin pressure
SPIC Q2 consolidated net profit falls 23% to 47 crore despite 22% revenue growth
Rising input costs put pressure on margins and profitability, the company said.
Post offices to serve as dark stores as govt expands Gujarat farmer e-commerce model to other states
After rollouts in Tamil Nadu and Madhya Pradesh, the agriculture ministry and India Post are collaborating to take the farmer e-commerce model to Rajasthan, Uttar Pradesh and Maharashtra.
Tata Sons' Chandrasekaran meets Italian PM Meloni after Iveco acquisition
Tata Sons Chairman N Chandrasekaran has met Italian Prime Minister Giorgia Meloni at Palazzo Chigi in Rome, with the acquisition of Italian commercial vehicle maker Iveco Group by Tata Motors featuring prominently in discussions amid growing strategic industrial and economic ties between the two countries. Sources said Chandrasekaran presented the Tata Group's strategy following the Indian conglomerate's acquisition of a controlling stake in Iveco Group, one of Italy's leading commercial vehicle manufacturers, at the meeting held on Wednesday. The meeting came amid the increasing strategic economic and industrial collaboration between Italy and India. On October 30, Tata Motors said it has acquired an 89.42 per cent stake in Iveco for nearly 3.43 billion euros following the initial settlement of its cash tender offer. Addressing a global press conference at Iveco's headquarters in Turin, Italy, on Tuesday, Chandrasekaran thanked the Italian government and Prime Minister Meloni for
Temple run: hotel chains chase footfalls over big profits in pilgrim centres
Radisson, Wyndham, Tamara and Alivaa are adding rooms in religious destinations, betting on domestic travel. But short stays and modest room rates can limit returns for mid-market hotels.
Sundaram Finance Q2FY27 results: Net profit rises 6% to 517 crore
Sundaram Finance Ltd on Thursday reported a 6 per cent increase in consolidated net profit to Rs 517 crore for the second quarter ended September 30, 2026. The non-banking finance company had posted a net profit of Rs 488 crore in the July-September quarter a year ago. The company's total consolidated income rose to Rs 2,749 crore during the quarter under review, up from Rs 2,401 crore a year earlier, Sundaram Finance said in a regulatory filing. The board also approved the proposed acquisition of a 100 per cent stake in Sundaram Alternate Assets Ltd (SAAL), a wholly-owned subsidiary of Sundaram Asset Management Company Ltd (SAMCL), which in turn is a wholly-owned subsidiary of the company. To simplify the group shareholding structure, it is proposed to acquire the entire shareholding of 3,90,53,158 equity shares of Rs 10 each held by SAMCL in SAAL, to make SAAL a direct subsidiary of Sundaram Finance, instead of a step-down subsidiary, it said. The acquisition is proposed to be
LG Electronics Q2 results: Net profit up 25.6% to 489 cr, revenue up 20%
LG Electronics India Ltd on Thursday reported a 25.65 per cent on-year rise in its net profit to Rs 489.34 crore for the September quarter of FY27. LG Electronics India (LGEI) Ltd, one of the leading appliance & consumer electronics makers, had clocked a net profit of Rs 389.43 crore during July-September a year ago, according to a regulatory filing by the company. Its revenue from operations rose 19.53 per cent to Rs 7,380.04 crore in the quarter under review. It was at Rs 6,174.03 crore in the corresponding period a year ago. Increased profitability was achieved despite elevated commodity prices, rupee depreciation and go-to-market investments to capture the upcoming festive season demand, LGEI said in its earnings statement. Its EBITDA rose 28 per cent to Rs 701 crore with margin expanding 63 basis points to 9.5 per cent, the company added. Total expenses were at Rs 6,810.93 crore, up 18.88 per cent in the second quarter of FY27. LG Electronics India's revenue from Home ...
ED action in Reliance Anil Ambani Group cases | Explained
On November 3, the ED said it had attached assets worth 510.17 crore linked to the group in connection with alleged bank fraud cases against Reliance Communications Limited, Reliance Home Finance Limited and Reliance Commercial Finance Limited
altM raises $10.3 mn to turn agricultural residue into industrial chemicals
The Bengaluru startup will use the funding to expand manufacturing as it moves its agricultural-residue-based products towards commercial production
Cummins India Q2 results: Net profit falls 27% to 467 cr, sales rise 4%
Cummins India on Thursday reported a 27 per cent year-on-year dip in profit after tax at Rs 467 crore in the September quarter of FY27. The company had posted a PAT of Rs 638 crore in the second quarter of the financial year ended March 2026. Total sales for the quarter under review stood at Rs 3,247-crore, higher by 4 per cent compared to Rs 3,122 crore in the July-September period of last year, the company said. Domestic sales were seen at Rs 2,692-crore during the previous quarter, up 5 per cent from Rs 2,577 crore in Q2FY26 while export sales grew 2 per cent to Rs 555-crore as against Rs 545-crore in the second quarter of the last year, the company said. Demand remained healthy across key domestic markets, supported by data centers, manufacturing, realty and continued growth in the distribution business, said Adegbile Adewunmi, Managing Director, Cummins India Limited. Exports also recorded growth over the previous quarter. Commodity and freight inflation, coupled with produc
Lenskart hits 52-week high as street cheers strong Q2 results
The sharp move follows Wednesdays second-quarter FY27 results, which showed consolidated revenue growing 33 per cent year-on-year to 28.5 billion and adjusted profit after tax more than doubling to 2.26 billion.
Sitaram Denims India files IPO papers with Sebi
Sitaram Denims India Ltd plans to launch an initial public offering with two components. The IPO includes a fresh issue of equity shares and an offer for sale by promoters. Proceeds from the fresh issue will be used for various purposes including repayment of borrowings and working capital requirements. The company aims to set up a new garment manufacturing facility in Bhilwara to expand capacity.
BSE surges 6.5% mid-morning; analysts divided after strong H1 print
The stock has gained 45.93 per cent year-to-date and 53.61 per cent over the past year. Its 52-week range stands between 2,377.40 and 4,446.80, with the total market capitalisation at 1,56,607 crore.
Can TV serial characters turn viewers into shoppers?
Dangal TV and Flipkart are testing content-to-commerce through Hindi drama Rimjhim, integrating products into storylines. Experts see potential among Hindi-heartland audiences, but say purchases depend on easy mobile checkout, compelling integration and reliable measurement.
Client demand for shorter AI deals reshapes Google's cloud market battle
To be sure, cloud providers aren't the only ones seeing this shift. India's top IT services firms, which once relied on five-year, billion-dollar deals, are also increasingly reporting shorter deal tenures amid the rise of AI.
Chinese materials maker Crown New Materials raised CNY 956 million in its debut, with shares surging as much as 787%. The listing lifted co-founders Mai Michael and Mai Huixia to billionaire status,. The company supplies adhesive materials and films to customers including BYD, Apple and Tesla.
LG Electronics India Q2 profit rises 25.7% to 489 crore on strong appliance demand
Strong sales of televisions, refrigerators and washing machines supported quarterly growth, while localisation investments remain central to the companys cost strategy
'We are waiting: Congress' Pawan Khera on Rahul Gandhis challenge to debate PM Modi
'No illegal immigrants found in SIR': Owaisi takes dig at BJP Telangana Chief's Hyderabad remark
Dr Reddy's gets Brazil regulator approval to sell generic Ozempic
Brazil has 16.6 million adults aged between 20 and 79 living with diabetes, and ranks sixth globally in terms of the number of adults living with diabetes
CERT-In calls for testing AI agents for unauthorised tool use, privilege abuse
Guidelines require checks on agents permissions, task delegation and emergency-stop mechanisms; multi-agent systems must maintain authenticated, logged communications and records of actions
Nykaa hits 52-week high at open, then retreats as profit-taking kicks in
The reversal comes despite what was broadly a strong set of Q2FY27 numbers. Nykaa reported revenue of 3,006 crore, up 28 per cent year-on-year
GetWorks AI hiring business moves into standalone entity Flashfox AI
The company is sharpening its focus on enterprise hiring solutions, backed by a growing AI platform and an expanding global talent database.
Google is using selective voluntary buyouts to manage costs and redirect resources toward AI and cloud computing. The offers cover employees in five countries, but the company has not disclosed full terms or take-up numbers. The approach follows earlier, division-specific exit programs.
Tata Motors' iRA apps vulnerable to data theft, user impersonation: CERT-In
Cert-In's risk assessment identifies the possibility of unauthorised access to sensitive information, user impersonation and unauthorised modification of application data
Rajesh Power bags 1,628.74-crore order from DGVCL for underground cables
Under the project, Rajesh Power will convert existing 11/22 kV high-tension (HT) and low-tension (LT) overhead electricity distribution networks into underground cable systems
Digitech Marks Two Decades of Engineering Safer, Smarter Buildings Across India
Bengaluru (Karnataka) [India], November 5: Most buildings are protected by systems that were never designed to work together. Fire alarms come from one contractor, electronic security from another, and Building Management Systems (BMS) from a third. When an incident occurs, these disconnected systems can struggle to respond as one.
Dr. Reddys gets marketing authorisation for generic semaglutide injection in Brazil
Approval expands access for type 2 diabetes treatment; company plans launch with Ach in $244.6 million market
Bharat Electronics among 5 stocks showing White Marubozu pattern
Five Nifty 50 stocks featured in the White Marubozu bullish scanner on November 4, after gaining over 3%. Bharat Electronics led the list, followed by Adani Enterprises, Titan Company, Jio Financial Services and Max Healthcare.
For the festive season, ICICI Direct has identified ten promising stocks that could be wise investments, boasting notable potential for growth. Among these are Venus Pipes and Tubes and Kotak Mahindra Bank. Each stock has specific buying ranges and target prices. Investors should assess their portfolios carefully, especially given the current market fluctuations.
Adani Enterprises among 4 Nifty 50 stocks showing bullish RSI upswing
Four Nifty 50 stocks featured in the RSI Trending Up scan on November 4, indicating improving price momentum. Jio Financial Services, Mahindra & Mahindra, Bajaj Finserv and Adani Enterprises recorded RSI readings above 50.
Aurobindo Pharma, Hindustan Aeronautics, and IOL Chemicals demonstrate solid growth prospects for the coming year. Similarly, Jyoti CNC Automation and Karnataka Bank are expected to experience significant gains according to their long-term performance charts. Noteworthy mentions also include Dr. Lal Path Labs, Mayur Uniquoters, and Shivalik Bimetal Controls, all showcasing attractive target prices.
HEG Advanced Materials among 3 stocks closing above VWAP
Three Nifty50 stocks closed below their respective volume-weighted average prices on November 4, according to StockEdges technical scan data, indicating that their closing prices were lower than their average traded prices during the session
Israeli President Isaac Herzog has accepted the election results and started consultations with party leaders. Netanyahu's bloc lost its majority in the Knesset, while Arab-led parties made significant gains. The elections commission reported no evidence of fraud, despite Netanyahu's allegations. Herzog emphasized the importance of public trust in the electoral process during his consultations. If coalition talks fail, Israel may face another election in the near future.
The 2026 midterms delivered a major Democratic victory, including historic wins in Texas. Musks support for Republican candidates failed to prevent Democratic victories in Senate and governors races. The results could affect his Texas-based businesses and plans to expand AI infrastructure there.
Disney's Pixar names Jonathan Garson president as Jim Morris steps back
Jonathan Garson will assume the role of president at Pixar Animation Studios on January 4. He will replace Jim Morris, who has served as president for 12 years. Morris will remain involved with upcoming projects in a different capacity after stepping back. Garson has been with Pixar since 2010 and has extensive experience with Disney. Pixar's upcoming films include 'Gatto' and 'Incredibles 3', scheduled for release in 2027 and 2028.
Pentagon chief tech officer says US will detail laws that apply to AI labs this month
The US federal government is preparing to reveal the regulations applicable to domestic AI labs. Pentagon Chief Technology Officer Emil Michael announced that details will be shared in a couple of weeks. The Super Intelligence Task Force was established to regulate AI policy following concerns about industry practices. Michael emphasized the importance of creating a regulatory framework that builds public confidence.
Zydus Lifesciences Q2 net profit falls 26.6% to Rs 925.5 crore
Zydus Lifesciences reported a net profit of 925.5 crore for the September quarter, which declined by 26.6%. The company's revenue from operations increased by 29.2% to 7,909.6 crore during the same period. Total expenses rose significantly to 6,806.6 crore, impacting profitability. The pharmaceuticals business contributed 83% to overall sales, with revenue from India formulations at 1,884.4 crore. North America formulations reported revenue of 3,314.5 crore, highlighting strong global performance.
Breaking News Live Updates: Delhi's Nauroji Nagar Ring Road records AQI of 416, air quality 'severe'
How banks are preparing for the dawn of India's ECL era
Banks like SBI, HDFC and others are proactively frontloading financial provisions ahead of the upcoming ECL regime to absorb the initial balance-sheet hit and smooth out recurring costs.
Indias green aviation push comes with a fuel bill: SAF mandate to hit airlines
The draft policy would put 1% green fuel in jet fuel from 2027, rising to 5% by 2030. The fuel costs two to three times more, so analysts expect a small initial hit that grows as targets rise.
Jungle Ventures targets two IPOs a year from its portfolio
The early-stage VC firm is preparing startups such as Moglix and Livspace for public markets while closing in on a fifth fund that will push its India bets past $1 billion.
India plans to allow recycled plastic for food packaging
India plans to widen the use of recycled plastic in food packaging, helping food delivery platforms and consumer goods companies meet recycling targets. The proposal has strict caveats on safety standards, as the regulator seeks to balance sustainability with the risk of food contamination.
CERT-In flags high-severity security vulnerabilities in Tata Motors iRA connected vehicle apps
The cybersecurity agency has identified four security flaws and advised customers using affected versions to upgrade their applications immediately
