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Billennium Marks 10 Years in India As European Companies Turn to India for Strategic Capability
Pune (Maharashtra) [India], November 12: European companies once came to India for scale. Today, they increasingly come for capability - teams that own parts of global programmes, a trade framework that now covers services and digital trade, and shared ground on data and AI regulation. Billennium, a European IT Services & Consulting company marking ten years in India, explains what is driving the shift - and what it means for businesses on both sides.
Cosmo First eyes all-time high US exports from film business this fiscal on lower tariffs
Cosmo Films, the groups packaging films business, is Indias largest flexible packaging film producer and holds major market share in the countrys speciality films segment
Blackstone targets Dubai's $1 trillion wealth market as it looks to attract Gulf's richest investors
The firm's top private wealth executives held their first-ever gathering in Dubai on Wednesday, pitching investment products, including private credit and infrastructure, to more than 100 high-net-worth individuals.
Spinny delivers 9,377 used cars this festival season, with SUV sales surging 81%
Changing preferences for SUVs, automatic transmissions and CNG vehicles shaped the platforms festive-season performance, alongside growing interest in electric cars
ITC has raised the price of a 10-cigarette pack of Gold Flake Premium by 10 to 135, its second increase in 2026. The hike comes as higher taxes, falling legal-market volumes and illicit competition pressure the companys cigarette business.
Zydus Lifesciences completes 50:50 joint venture with Sunshine Healthcare Lanka
The transaction was completed on November 11 after the partners extended the original closing timeline under their June agreement
Nava Reports Highest Quarterly Revenue of 1,252 Crore, PAT Surges 127% YoY to 403 Crore
Hyderabad (Telangana) [India], November 12: Nava Limited, the flagship company of the diversified multinational group spanning metals, energy, mining and commercial agriculture, announced its financial results for the second quarter ended September 30, 2026.
Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse
Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.
NHC Foods net up 22 times in Q2 on strong demand
The BSE-listed companys income was up three times to 451 crore (104 crore)
This is under the 135m contract awarded by Chennai Metro Rail Limited (CMRL) in 2025
Strong festive demand, volume growth lift Kalyan Jewellers growth outlook
Company plans four more showrooms of regional brand ATM in Tamil Nadu
Kang Wei, a former Chinese fund manager and Alice Huangs husband, had business ties to Jensen Huang before Alices relationship with the Nvidia CEO.
Ness Wadia agrees with Juhi Chawla's suggestion of starting the IPL in January, stressing that it is reliant on the cricketing schedule worldwide. He believes that an earlier start could ease challenges posed by heat and rain in typical months. While he appreciates the idea, he cautioned against adding more teams at this point. Wadia emphasized the IPL's potential for growth, noting its relative youth among international leagues.
Union Minister K Rammohan Naidu praises 'Modinomics' for India's economic growth at CII Summit
Union Minister K Rammohan Naidu emphasised India's economic growth during the 31st CII Partnership Summit in Visakhapatnam. He attributed this growth to the leadership of Prime Minister Narendra Modi, coining the term 'Modinomics'. Naidu highlighted the transformation in global economic landscapes and emphasized India's potential with its young population and innovation capabilities. He mentioned the civil aviation ministry's extension of the UDAAN scheme aimed at enhancing connectivity.
Dabur India aims to grow premium products share to 23%
Premium portfolio growing at 4x overall rate and now contributes 20%
R Systems sees AI-native work reshaping revenue mix, coding demand
CEO Nitesh Bansal said traditional engineering services will eventually decline as more products and services become AI-native, changing both delivery models and hiring
Jaguar Land Rover says BYDs boxy Ti7 SUV infringes its intellectual property and resembles the Defender. Dutch authorities seized records from BYD offices following JLRs complaint. BYD disputes the seizure, while the case is due for a court decision this week.
Unique Picks: 9 stocks held by just one MF scheme in October, rally up to 144% YTD
ETMarkets identified 36 stocks held by just one mutual fund scheme each, with equity MF holdings exceeding Rs 10 crore. More than half have gained in CY26, while nine stocks have rallied 50% to 145%, including two that more than doubled.
Adani Group plans to fund half of its 26,000-crore acquisition of Dutch liquid storage operator Evos through equity, with the rest coming from loans. The deal will expand Adani Ports' presence in European markets and strengthen its global logistics business.
RBI plans curbs on private equity firms controlling stakes in multiple non-bank lenders: Report
India's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. The proposal aims to mitigate potential financial risks stemming from global private equity firms' investments. While larger stakes will attract greater scrutiny, smaller investments are encouraged to support growth in the financial sector. Recent data shows significant foreign investment in non-bank lenders, highlighting strong demand for credit.
New Delhi [India], November 12: IC Electricals Company Limited (NSE SME: ICELCO) has announced its unaudited results for the half year ended 30 September 2026 (H1 FY27). On a standalone basis, revenue from operations grew 32.0% YoY to 73.22 Cr , EBITDA rose 97.8% to 15.61 Cr and profit after tax more than doubled, up 114.2% to 7.56 Cr . H1 alone accounts for over half of FY26 full-year revenue and profit.
Space tech startup Astrobase expands its rocket testing infrastructure in Andhra Pradesh
The 800 crore investment is set to advance reusable launch vehicle technologies; follows 500 crore manufacturing push in Karnataka
Power shortages push discoms to costly bilateral deals
Amid severe power shortages and record-high electricity demand in India, discoms are increasingly turning to short-term bilateral power trading rather than relying solely on power exchanges.
Canara HSBC Life Insurance appoints Indu Swaroop as CFO, effective Nov 25
Swaroop will succeed Tarun Rustagi, who has resigned from the position. Rustagi's last working day will be November 24, 2026
Lupin launches biosimilar Ranibizumab through Sandoz in Europe except Germany
Ranluspec approved by European Commission in vial and pre-filled syringe forms for retinal disease treatment
Bharat Forge's KSSL unveils 120mm rapid attack mortar system for forces
Kalyani Strategic Systems has developed a vehicle-mounted mortar system designed for rapid fire support, high-altitude operations and improved troop protection
India plans curbs on private-equity ownership of NBFCs: Report
The RBI is concerned that financial stress at a global private equity firm could have a contagion effect across several NBFCs in which it has significant investments.
Godrej Capital raises 2,500 crore from Temasek at 28,000 crore valuation
Godrej Industries Group will retain approximately 80 per cent ownership in Godrej Capital following Temasek's 2,500 crore investment
Suprajit's global business gains traction on US contract wins, China EV demand
The companys Global Cable Management business reported 24% revenue growth in the quarter, supported by new US contracts and higher orders from a leading electric vehicle maker in China.
1Crowd Expands Healthcare Portfolio with Rymo Technologies
Mumbai (Maharashtra) [India], November 12:1Crowd strengthens its focus on healthcare and medtech, backing an Indian health-tech company using robotics and AI to make physical rehabilitation more accessible
Big Four, audit firms roll out 10-15% pay hikes, bonuses ahead of 2027 auditor rotation
Top performers at firms like EY, Deloitte and PwC pocket up to 28% raises as advisory majors battle attrition and gear up for over 600 mandatory client rotations next year.
Tata Projects-led JV wins Dhaka Metro contract for 5.2-km underground line
Tata Projects on Thursday said the company, along with Japanese firms Nishimatsu Construction and Toda Corporation, has bagged an order to build an underground section of the Dhaka Metro, further expanding its global urban transit footprint. The project encompasses civil works, including architectural finishes and mechanical, electrical, and plumbing systems, for the construction of a 5.2-km underground main line. It also includes three underground stations -- Khilkhet, Airport Terminal-3, and Airport -- along with a shaft at the northern end. Tata Projects Limited (TPL), as part of the Nishimatsu-TPL-Toda Joint Venture, has secured Contract Package CP06 from Dhaka Mass Transit Company Limited (DMTCL) for a key section of the Dhaka Metro network in Bangladesh, the company said in a statement. The Dhaka Metro project reinforces Tata Projects' position as an integrated engineering and execution partner, demonstrating its ability to deliver complex metro systems in collaboration with
Reliance plans $4.6 billion coal gasification project in Andhra Pradesh
The project could eventually attract investments of up to 2.7 trillion over its lifetime and generate around 5,000 direct and 35,000 indirect jobs
Infosys Science Foundation announces six winners of Infosys Prize 2026
The prize for each category comprises a gold medal, a citation, and a prize purse of $100,000 or its equivalent in INR.
How BEML plans to gain an edge over China in building India's tunnel-boring machines | Decoded
BEML plans to develop indigenous tunnel-boring machines, starting with smaller equipment for metro, hydropower and utility projects. The move aims to reduce India's dependence on foreign suppliers, including China, as infrastructure spending drives demand.
Landmark Group plans to invest about 1,600 crore in a 3-million-sq-ft office complex in Gurugram and a mixed-use development on Dwarka Expressway, responding to rising demand for premium workspace in the NCR.
ITC strengthens presence in copier paper category, launches Carte Lumina zx
Carte Lumina Copier is initially being launched in Hyderabad and Vijayawada
7 reasons why organisations & HR leaders should nominate for the ET HR Excellence Awards 2027
The ET HR Excellence Awards 2027 celebrate the transformative efforts of organizations and HR leaders making a significant impact in workplace culture. These prestigious awards shine a light on initiatives that enrich employee experiences and show real business results. Now is the time to submit nominations and share your stories of success in the dynamic world of HR.
Tata Projects-led joint venture wins Dhaka Metro contract, expands global urban transit footprint
The project encompasses civil works for the construction of a 5.2-km underground main line; it also includes three underground stations
Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: Kotak
Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.
Zee Studios new leadership to expand its movie content slate across languages
Zee Studios will expand its slate across languages including Hindi, Marathi, Gujarati, Punjabi, Bengali, Tamil, Telugu, Kannada and Malayalam
NIA to probe online radicalisation of youths by Pakistan-based gangster
The National Investigation Agency is probing the online radicalisation of Indian youths linked to terrorist activities. This stems from a case registered by the Uttar Pradesh Anti-Terrorist Squad in April. Eight accused have been identified, including Shahzad Bhatti, who is associated with the ISI. The investigation revealed plans for major disruptive acts by Pakistani sleeper cells in India. Authorities aim to disrupt these operations to maintain internal peace and harmony.
Republican congressman Thomas Massie to force impeachment vote on Defence Secretary Pete Hegseth
MSE payment disputes pile up despite new digital redressal platform
Oline dispute resolution platform for small businesses has disposed of just 4,030 of 39,033 complaints since launching in June 2025. Experts cite limited awareness, capacity constraints and procedural delays
VinFasts Green SM has received approval to launch its electric cab service in Bengaluru, following debuts in Delhi-NCR and Hyderabad. Local taxi unions oppose the move, citing concerns about low fares, driver earnings, and vehicle compliance.
Spotify launches audiobooks in India with over 3.5 lakh titles
The audiobook is a subscription service called Audiobooks+, priced at 199 per month, which gives listeners 15 hours of listening time
Akhilesh Yadavs Ayodhya visit on Dec 12 sparks row; seers oppose, Baba Ramdev backs his visit
Ola Electric shares rise 4% ahead of Q2 results; earnings call set for today
The electric two-wheeler maker is scheduled to host an earnings conference call at 5:00 PM IST today
Singapore Air backs Tewolde's Air India reset, but losses keep investors on edge
Singapore Airlines has backed Air India CEO Tewolde Gebremariams push to cut costs, expand international sales and improve efficiency, but the airlines mounting losses and the prospect of further funding continue to test investor confidence.
HDFC Bank holds above 811 for second straight day as rally consolidates
Traded volume moderated sharply to 170.63 lakh shares worth 1,380.95 crore, roughly half Wednesdays 2,739.73 crore
Mahindra & Mahindra among 5 stocks showing White Marubozu Pattern
Five stocks in the Nifty500 with a change of more than 5% appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data.
Kotak Alts pumps 325 crore into Gainwell Group
The partnership as the beginning of a significant expansion phase, both within India and internationally, says Sunil Kumar Chaturvedi, Gainwell Group MD & CEO
Who could replace Jensen Huang? Meet the frontrunners for Nvidia's top job
Nvidia's board is weighing Jensen Huang's future amid mounting controversy. With no designated successor, internal executives Ian Buck, Colette Kress and Madison Huang, along with external tech leaders, could feature in succession discussions.
When geopolitics rewrites the script, can a film still be a hit?
Salman Khans Maatrubhumi, delayed amid improving India-China ties, will release in an altered form. Experts say late rewrites can risk narrative coherence, but a film can still succeed if its emotional core and entertainment value remain intact.
Nvidia filings show Jensen Huangs children, Madison and Spencer, received a combined compensation of $2.55 million in FY26. Madison leads marketing for physical AI platforms, while Spencer directs robotics product strategy. Both followed unconventional career paths before joining Nvidia.
Kia to invest $2 billion in AP to expand operations
Announcement made at AP CII Partnership Summit; MD and CEO highlights steady expansion since 2017
Nvidia CEO Jensen Huang reported $36.3 million in compensation for 2026, down 27% from the previous year. His package included salary, performance-based stock awards and a cash bonus. The filing also detailed a new revenue-linked bonus plan and Huangs 3.58% stake in Nvidia.
New Delhi [India], November 12: With air quality deteriorating across Delhi and the National Capital Region (NCR), Star Health and Allied Insurance Company Limited (NSE: STARHEALTH) (BSE: 543412) has urged families across Delhi, Noida, Ghaziabad, Faridabad and Gurugram to take preventive measures and seek medical advice early to limit the health risks of air pollution.
Cupid net doubles in Q2 on strong demand
ncome increased more than doubled to 209 crore (90 crore). Profit before tax was up at 73 crore (32 crore)
FIIs are back! Jefferies lists 11 stocks that can be the biggest beneficiaries
In November, foreign institutional investors unexpectedly shifted to become net buyers of Indian equities, indicating a noteworthy change in market dynamics. Jefferies has pinpointed 11 stocks poised to gain from this influx, including heavyweights like Reliance Industries, HDFC Bank, and Axis Bank, which previously faced notable outflows. With positive macroeconomic signals and attractive valuations, this trend could very well continue driving share prices upward.
Noel Tata retires as Tata Investment chaiperson; Bahram Vakil to succeed him
Recognising his contribution, the board appointed Mr. Tata Chairman Emeritus with effect from November 12
First-time buyers, easy loans drive festive used-car sales to nearly 6 lakh
Cars24 alone disbursed over 300 crore in car loans, while market sources estimated that total financing for new and used cars combined crossed 1,000 crore during the festive period.
HFCL bags export orders worth 834 crore for optical fibre cables
The order is scheduled for completion by June 2027
Tata Power seeks cost-linked Mundra tariff pacts with 4 more states
The company is seeking to finalize supplementary power-purchase contracts with Rajasthan, Maharashtra, Punjab and Haryana after it finalized a deal with Gujarat to sell power at prices
Blackstone puts up $1.5 billion for Pfizer obesity drug studies
Pfizer is seeking to challenge market leaders Eli Lilly & Co. and Novo Nordisk A/S in the weight-loss market after acquiring Metsera Inc. for up to $10 billion last year
Nvidia is seeking greater control over memory for its AI chips, reportedly asking Samsung, SK hynix and Micron to use TSMCs 3-nanometre process for custom HBM base dies. TSMC is also considering 3D DRAM production.
HFCL secures 834 crore overseas orders to supply optical fibre cables
The orders were secured through the company's overseas wholly owned subsidiary from an international customer, with execution scheduled by June 2027
Nvidia's Jensen Huang has no obvious successor: Why that could become a problem for the AI giant
Nvidia's leadership faces scrutiny as controversies surrounding Jensen Huang raise succession concerns. With no publicly identified successor, questions are emerging over whether the AI chip giant can sustain its growth and technological dominance without its founder.
SpaceX has contracted Germanys Singulus Technologies to supply equipment for a Texas production line making high-performance heterojunction solar cells for Starmind satellites. The first line is expected in first half of 2027, with production planned to scale as SpaceX expands manufacturing.
Indias consumer AI startups win VC backing, but retention remains the big test
Venture capital investors are increasing bets on Indian consumer AI startups, with companies across personal finance, wellness, education and recruitment attracting fresh capital.
Billionaire Elon Musk has indicated that he is ready to hire Jensen Huang even after the WSJ and NYT reported that the Nvidia board is considering ousting the chief executive. Check the latest updates
Adanis Kutch Copper, Codelco sign MoU to explore copper project in Chile
The agreement was signed and witnessed by Jeet Adani (Kutch Copper), Vinay Prakash (Adani Natural Resources), and Bernardo Fontaine (Codelco)
Ankura Hospitals attracts PE interest for its ongoing $100 million round
General Atlantic, Goldman Sachs Private Equity and Motilal Oswal Alternates are among investors evaluating Ankuras fundraise, which includes a partial or full exit by existing shareholders.
Oil India among 6 stocks closing above VWAP
Six Nifty500 stocks closed more than 1.5% above their respective volume-weighted average prices on November 11, according to StockEdges technical scan, indicating positive price action during the session.
Q2 Results Today, 12th November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.
Tech Mahindra Share Price Live Updates: Tech Mahindra's Financial Snapshot
CCPA orders Ola to stop advance tipping feature, imposes 10 lakh fine
The CCPA found Ola's advance tipping feature misleading, saying it pressured customers to pay extra before ride confirmation. It ordered the platform to scrap the feature and pay a 10 lakh fine
Alice Huang, whose background and business history are opaque, reportedly returned to China and is living in Beijing. US officials suspect she was recruited to approach Nvidia leadership and help Chinese companies access advanced chips.
Adani Group eyes mix of equity, debt for $2.9 billion Evos takeover
Adani Group will infuse equity up to the equivalent of $1.45 billion to fund the transaction
Haldiram Snacks begins IPO process, eyes 10,000 crore listing in late 2027
Haldiram Snacks begins IPO process, eyes 10,000 crore listing in late 2027
BEML plans to build tunnel-boring machines to cut reliance on China
The company plans to initially focus on smaller tunnel-boring machines, or TBMs, used in metro rail, hydropower, irrigation and water projects before expanding into larger equipment
Jensen Huang scandal: Nvidia India staff lose $600 million on paper
Nvidia share price has tumbled since Founder CEO Jensen Huang's extramarital affairs have surfaced, eroding the value of employees' stock awards.
ITC Share Price Live Updates: ITC Stock Details
Tata Power shares in focus after Q2 results. Why brokerages are bullish despite target price cuts
Tata Power achieved a 33% year-on-year increase in net profit for the second quarter of FY27. Revenue also rose by 26% year-on-year to 19,886 crore during this period. Brokerages maintained their 'Buy' ratings while adjusting their target prices based on the latest performance figures. The company's EBITDA saw a modest growth of 5% year-on-year to 4,245 crore. Overall, Tata Power's market capitalisation exceeds 1.
Nvidia on lookout for new CEO as more Jensen Huang affairs surface
The Nvidia board is working with an outside firm to identify potential replacements for CEO Jensen Huang following reports of multiple extramarital affairs.
Divis Labs Share Price Live Updates: Divis Labs Trading Insights
BEML to build tunnelling machines to cut China reliance
Plans to initially focus on smaller tunnel-boring machines, or TBMs, used in metro rail, hydropower, irrigation and water projects before expanding into larger equipment
Hindalco Share Price Live Updates: Hindalco Falls Below Key Moving Average
ReNew to invest 29,500 cr in 2 new projects in Andhra Pradesh
The two projects are a 2 GW pumped storage project worth 12,500 crore and a green ammonia and e-fuel project worth 17,000 crore
Positive Breakout: These 5 stocks close above their 200 DMA
Five Nifty500 stocks gained over 5% and closed above their respective 200-day moving averages on November 11, according to StockEdges technical scan, signalling a potential shift in their long-term price trends.
