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Jio hunts for partners for wireless broadband tech

The Economic Times 4 Nov 2026 1:20 am

Tata-Iveco aim for global CV business: Chandra

Mumbai: Tata Motors and Iveco Group are aiming to build a global commercial vehicle business focused on growth rather than consolidation, N Chandrasekaran, chairman, Tata Sons, said on Tuesday, outlining the rationale behind the transatlantic deal.The $4.32 billion acquisition of the Italian truck and bus maker marked the biggest overseas deal for Tata Motors in the CV segment and the largest by a Tata Group automotive entity since the 2008 acquisition of Jaguar Land Rover from Ford Motor Company for $2.3 billion. This should not be seen as a consolidation effort, said Chandrasekaran, also the chairman of Tata Motors and Iveco Group, at a press conference in Turin. This is about the future.Also read: Indian auto's real test lies ahead after firecracker start to festive season135512105Announced July 30, 2025, the Iveco deal got completed on October 30, 2026, with Tata Motors announcing settlement of its tender offer, securing an 89.42% stake in the CV maker and making it an indirect unit. Remaining steps towards acquiring the balance stake and delisting Iveco are underway.The combined entity will have annual revenues of about $24 billion and sales volume of nearly 600,000 vehicles, with a presence in more than 130 countries, over 73,000 employees and 9,300 sales and service touchpoints.Girish Wagh, managing director and chief executive of Tata Motors said the companies' complementary geographical presence offered significant opportunities. While Tata Motors brings leadership in India and a growing presence in Asia, the Middle East and Africa, Iveco has established operations across Europe and Latin America, he said. The opportunity is not to make one organisation more like the other, he said. It is to bring out the best in both.Also read: Tata Projects wins contract to build global automaker's plant in MaharashtraChandrasekaran expects volumes and revenues in the combined enterprise to grow significantly in the coming five years, alongside an improvement in margins. He didn't provide specific targets, saying the management teams would outline the business plan.A key area of collaboration will be bringing Iveco vehicles to India and leveraging Tata Motors' platforms for international markets. Chandrasekaran said some Iveco products identified as relevant to India would initially be introduced through semi-knocked-down manufacturing and subsequently localised.It is not simply about greater scale or wider footprint, said Wagh. It is about the new possibilities that this footprint creates, giving us a significantly greater runway for growth across markets, products and technologies.He also pointed to opportunities in components and batteries, while Tata Motors' platforms could be taken to other markets through Iveco. On powertrains, Chandrasekaran said Iveco's FPT engine business could expand into industrial applications across India, Africa and Asia, leveraging Tata Motors' distribution network. Tata Motors will, however, continue its more than three-decade-old joint venture in India with Cummins for heavy commercial vehicle engines.Tata Motors and Iveco will also collaborate on electric and hydrogen technologies, connected vehicles, software-led platforms and decarbonisation. Post acquisition, Iveco will retain its headquarters in Turin, Chandrasekaran said, reiterating the group's commitment to its existing industrial footprint.Wagh said the combination would bring together the companies' strengths in engineering, frugal product development and technology.

The Economic Times 4 Nov 2026 1:00 am

Festive season: Pistachio prices nearly double, almonds up 20% on West Asia crisis and US crop shortfall

Pistachio have been the game spoiler this year. The prices of pistachio from all origins including Iran, Afghanistan and California have increased, said Ravindra Mehta, member of central governing council at Nuts and Dry Fruits Council of India (NDFC-I). The current pistachio crop in California is expected to be only about 40% of last year, which has led to an increase of 50% in pista prices in the wholesale markets and even more in retail, he added.

The Economic Times 4 Nov 2026 12:16 am

Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supply

Gold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import duty rose to 15% from 6%, according to the World Gold Council. Meanwhile, demand remained 29% lower year-on-year as record-high prices weighed on purchases.

The Economic Times 4 Nov 2026 12:14 am

Indian oil refiners expect healthy margins amid global supply disruptions

A combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (ATF) cracks. Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation and Hindustan Petroleum Corporation (HPCL) reported record refining performances in the September quarter (Q2) and expect the run to continue.

The Economic Times 4 Nov 2026 12:10 am

Rs 9,000 crore land assets monetised so far in FY27

The NLMC, which is working under the aegis of the Department of Public Enterprises under the finance ministry, also has land assets worth another Rs 4,000-5,000 crore belonging to public sector undertakings (PSUs) in the pipeline. These are at various stages of processing, providing an additional pipeline of potential transactions.

The Economic Times 4 Nov 2026 12:07 am

IIT graduates father was a sweet seller in Lucknow; he got 48% in class 5, later went on to get top grades in IIT, today earns more than Rs 2 crore per year as AI engineer: I earn in a month

Tejash Vaish was once part of a humble family in Lucknow, where his father made a living by selling sweets. Although he faced academic challenges throughout his school years, he ultimately changed his circumstances through dedication and effort. Currently, he has a computer science degree from IIT Kanpur and is employed in Dubai, earning an impressive yearly salary exceeding Rs 2.5 crore.

The Economic Times 3 Nov 2026 11:57 pm

Why Trump linked Abdul El-Sayed to Israel aid

The Economic Times 3 Nov 2026 11:33 pm

8.66 crore cash trail found on woman's computer during Income Tax raid: Why ITAT gave her a clean chit

An Income Tax search uncovered 8.66 crore in cash transactions on a woman's computer, triggering a massive tax demand. But ITAT ruled that the expenditure belonged to a real estate company, not the woman, and deleted the tax addition.

Livemint 3 Nov 2026 11:32 pm

How to check gold purity at home: 5 simple tests to identify genuine gold jewellery; check BIS hallmark and HUID

Many consumers may not know how to distinguish genuine gold from jewellery containing a higher proportion of other metals. While professional laboratory testing remains the most reliable way to establish gold purity, certain simple checks at home can help identify possible irregularities

Livemint 3 Nov 2026 11:26 pm

Nicole Taylor was given just 3 months to live after breast cancer returned. How she spent her final days before death?

Country singer Nicole Taylor, a member of Taylor Red, died at 35 after her breast cancer returned as stage four. Doctors gave her around three months to live, but she continued travelling, working and enjoying life for nearly another year. Her sisters, Nika and Natalie, have now shared how she faced her final months with hope, faith and determination.

The Economic Times 3 Nov 2026 11:25 pm

Delhi airport working with regulators to further ease security clearance for transfer passengers

Delhi airport is working with security regulators to ease clearance procedures for transfer passengers, who account for 30-35% of its annual traffic, GMR Airports Executive Director S G K Kishore said. He also defended airport charges, saying higher infrastructure investments push up tariffs, which could decline over time.

The Economic Times 3 Nov 2026 11:10 pm

NASA astronaut Anil Menon, others vote from space

Three NASA astronauts, including Anil Menon, participated in the US midterm elections from the International Space Station. Menon, along with fellow astronauts Luke Delaney and Jessica Watkins, cast their ballots securely from orbit. The ballots were sent via NASA's encrypted Near Space Network to ensure integrity. Menon filled out his electronic ballot for Harris County in Texas, marking a unique voting experience.

The Economic Times 3 Nov 2026 11:08 pm

China tape maker stock debut: Chinese firm that deals with Apple, Tesla, BYD saw stock price surges 787 per cent after IPO, makes former school teacher, sister billionaires

Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.

The Economic Times 3 Nov 2026 11:08 pm

Trump hails Republican breakthrough in Guam, congratulates Tony Ada

Donald Trump congratulated Republican candidate Tony Ada on winning the governor's race in Guam. This win is noteworthy as Guam is traditionally a Democratic territory. Trump asserted that this victory might indicate future Republican successes in upcoming midterm elections. Ada faced Democrat Therese Terlaje in the November 3 election for governor. Additionally, Republicans reportedly secured a majority in Guam's Senate following the same election.

The Economic Times 3 Nov 2026 11:02 pm

Bata puts its best foot forward on profits as inventory shrinks, distribution expands

Bata India is banking on distribution expansion and tighter inventory management to drive growth, as adjusted profit before tax surged 31.4% year-on-year in Q2 FY27, outpacing revenue growth of 7.5%. The footwear maker has expanded its key retail outlet network 2.6 times and targets 5,000-plus outlets by Q3 FY27.

The Economic Times 3 Nov 2026 11:02 pm

Texas voting results: How to check live updates as James Talarico takes on Ken Paxton in key Senate race as Democrats eye first statewide win since 1994

Texas voting results by county: Texas voters are heading to the polls in a closely watched Senate race between Democrat James Talarico and Republican Ken Paxton. With Democrats seeking their first statewide election victory since 1994, heres when Texas voting results are expected and how to check the latest updates.

The Economic Times 3 Nov 2026 11:01 pm

PNB and Canara Bank revise FD interest rates in November 2026: How much can general, senior citizens earn now?

PNB and Canara Bank have revised their fixed deposit interest rates from November 1 and 2, 2026, respectively. The changes affect select tenures and returns for general customers and senior citizens, while Axis Bank has also revised rates on bulk deposits of 3 crore and above from November 3.

Livemint 3 Nov 2026 11:00 pm

Indigenous AI Models Launched Under IndiaAI Mission

India has launched three indigenous AI foundation models, EKA-1, Dhir 2B, and Dhir 5B, under the IndiaAI Mission. Developed by Soket Labs Technology and Research and ZenteiQ AiTech Innovations, these models aim to enhance India's technological and strategic autonomy in artificial intelligence, offering solutions for various sectors including banking, cybersecurity, defence, and government services, with a focus on Indian languages and offline capabilities.

Rediff 3 Nov 2026 10:58 pm

Jailer 2 OTT release new update: Rajinikanth's latest blockbuster to stream online with extra scenes. When and where to watch?

Rajinikanth's Jailer 2 is reportedly set to premiere on Amazon Prime Video on November 12, following its successful theatrical run. However, the OTT release has sparked fresh interest after reports suggested that the digital version could feature around 30 minutes of additional footage, including deleted scenes featuring Mohanlal, Santhanam and Vijay Sethupathi. The makers have yet to officially confirm the release date or extended cut.

The Economic Times 3 Nov 2026 10:55 pm

What do passengers get onboard Vande Bharat Sleeper train? Viral video takes viewers inside Delhi-Varanasi journey, shows meal & bedding

An Instagram reel showing the facilities inside the Vande Bharat Sleeper train has crossed 2 million views. Shared by @vlogwithprateek_, the video offers a glimpse of the onboard meals, bedding arrangements and sleeper coach interiors during a Varanasi-New Delhi journey. The new service connects the two cities via Prayagraj, Kanpur Central, Aligarh and Ghaziabad.

The Economic Times 3 Nov 2026 10:52 pm

Small-cap mutual funds: How much should you invest? Experts recommend 10-20% allocation, warn against excessive exposure

Small-cap mutual funds offer growth potential but carry high risks. Experts recommend allocating 10-20% of equity portfolios to small caps, depending on risk appetite and investment horizon, while preparing for sharp market corrections.

Livemint 3 Nov 2026 10:45 pm

Electricity Supply from RNPP to National Grid Within 5

Electricity supply from the Rooppur Nuclear Power Plant to the national grid is expected to begin within 56 weeks, if everything goes as planned. Science and Technology Minister Fakir Mahbub Anam said power generation would begin ensuring 100 percent safety. He made the remarks at a press conference held at the Secretariat at the Ministry of Science and Technology. The minister said power generation would start at 300 megawatts and gradually increase in phases. The press conference also announced that the Bangladesh AI Business Summit 2026 will be held in Dhaka on Thursday, November 5. President Mirza Fakhrul Islam Alamgir will inaugurate the summit. The event is being jointly organized by the Ministry of Science and Technology and the Dhaka Chamber of Commerce and Industry (DCCI). The summit, themed AI-fication for Tomorrows Economy, will feature discussions on the use of artificial intelligence (AI), business transformation, collaboration between industry and educational institutions, innovation, investment, and responsible AI development. The post Electricity Supply from RNPP to National Grid Within 56 Weeks appeared first on Energy Bangla .

Energy Bangla 3 Nov 2026 10:44 pm

NPPA updates list of reduced MRP of 1,085 anti-cancer drugs

The National Pharmaceutical Pricing Authority updated the maximum retail price for 1,085 anti-cancer medicines. This revision follows a previous decrease of prices for 543 anti-cancer drugs announced on October 28. The updated list contains prices based on information submitted by pharmaceutical companies up to November 3. The NPPA will continuously update this list as more manufacturers submit revised prices.

The Economic Times 3 Nov 2026 10:39 pm

How to identify fake silver coins at home: 4 simple tests to check purity before buying this Dhanteras

While hallmarking provides an important means of verifying the purity of precious metals, consumers should not rely solely on the appearance of a silver coin. There are several simple tests that can offer preliminary indications of whether a silver coin is genuine.

Livemint 3 Nov 2026 10:33 pm

Mukesh Ambani becomes Asia's richest person again, overtakes TikTok owner Zhang Yiming with $88.8 billion net worth

This 10.5% jump in his fortune helped Ambani climb to the 23rd spot on the global billionaire index. Mukesh Ambani edged past China's Yiming, the former CEO of the TikTok parent company, who currently ranks 25th with an estimated net worth of $84 billion.

IBTimes 3 Nov 2026 9:56 pm

PNB staffer, Pune man arrested in alleged Rs 10.24 crore bank fraud case

An office assistant of Punjab National Bank in Greater Noida and a private individual have been arrested for alleged fraud. The fraudulent activity involved Rs 10.24 crore in unauthorized withdrawals from multiple customer accounts. Punjab National Bank's investigation began after a customer reported suspicious debit transactions in her account. The accused allegedly carried out the transactions over three years using compromised banking credentials.

The Economic Times 3 Nov 2026 9:53 pm

36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie

Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.

The Economic Times 3 Nov 2026 9:50 pm

India's solar manufacturing industry can generate 32 lakh jobs, attract $89 billion investment by 2047: ISMA

Titled Vision 2047: Solar Manufacturing from Polysilicon to Power Plant, the report presents a pathway for India to move beyond module assembly and set up manufacturing capabilities across the entire solar value chain -- from polysilicon and ingots to wafers, cells and modules, the statement said.

The Economic Times 3 Nov 2026 9:47 pm

Johnnie Walker launches first India-inspired Blue Label festive blend in its 200-year history

The Johnnie Walker Blue Label Festive Blend, crafted by the brand's Master Blender Dr Emma Walker, draws on the country's rich culinary heritage and flavour traditions, the company said in a statement.

The Economic Times 3 Nov 2026 9:45 pm

Competing with airlines not a sound strategy: Adani Airports CEO

Operator targets 300 million annual passengers in next decade; clarifies November 5 slot deadline

The Hindu Businessline 3 Nov 2026 9:43 pm

Budget FY28: Govt eyes ease of trade over sweeping customs duty cuts

Finance Ministry may take targeted steps to fix inverted duty structures, speed up procedural reforms, AEO relaxations, expanding scope of Customs Project 2.0

The Hindu Businessline 3 Nov 2026 9:43 pm

Gold investment on Dhanteras 2026: Physical gold or gold ETFs? Which offers better tax benefits to investors?

Physical gold and gold ETFs have different capital gains tax rules. While gold ETFs qualify for LTCG taxation after 12 months, physical gold requires a 24-month holding period. Compare tax rates, GST and other costs before investing on Dhanteras 2026.

Livemint 3 Nov 2026 9:29 pm

India could attract $89 billion in solar manufacturing investments by 2047

ISMA report outlines pathway to integrated solar hub, over 32 lakh jobs and zero import bill by 2041

The Hindu Businessline 3 Nov 2026 9:27 pm

Dubai takes a shine to Kullus Sinduri pomegranates

First time we sent fruit from Kullu, and the entire quantity sold in a day in Dubais supermarket that placed the order, said Tanmay Talwar, CEO of Amama Exports

The Hindu Businessline 3 Nov 2026 9:27 pm

Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav Moda

Gaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $90-95 has significantly raised India's energy import costs, even as the country continues to prioritise securing supplies amid geopolitical uncertainties.

The Economic Times 3 Nov 2026 9:22 pm

CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investment

Kotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition will take place on a slump sale basis from Deutsche Bank's branches in India. This business includes services such as deposits, loans, investments, insurance, and foreign exchange products. KKR-backed Sapphire US Holdco will also subscribe to securities of Gentari Renewables India, which specializes in renewable energy.

The Economic Times 3 Nov 2026 9:18 pm

Airbus calls for efficient airport transfers, regulatory reforms to support Indias hub ambitions

Jurgen Westermeier says fleet expansion must be matched by improvements in connectivity, operating systems and training

The Hindu Businessline 3 Nov 2026 9:13 pm

Mahabharat star Shafaq Naaz lashes at trolls for insulting her for her Karwa Chauth celebrations: Dont be in India

Actress Shafaq Naaz has hit back at trolls who targeted her and her husabnd Zeeshan Pawekar for celebrating Karwa Chauth and said that she proudly celebrates festivals from different cultures. The Mahabharat star also urged her haters to unfollow her if her celebrating various cultures make them uncomfortable.

The Economic Times 3 Nov 2026 9:03 pm

External gains mask persistent weakness in domestic economy

The ongoing unrest in the garment sector, with worker protests continuing for a fourth consecutive day, further complicates the outlook.

The Daily Star 3 Nov 2026 8:49 pm

Sound underwriting, risk pricing key to sustainable growth: RBI Deputy Guv

RBI Deputy Governor Swaminathan J stressed sound underwriting, appropriate risk pricing, stable deposits and strong governance to ensure sustainable growth in banking

Business Standard 3 Nov 2026 8:43 pm

NMDCs iron ore output rose 18% in Oct, sales dip amid rain impact

Dispatches were temporarily impacted by disruptions to the KottavalasaKirandul (KK) railway line after sections of the route were washed away due to heavy monsoon rains in September and October.

The Hindu 3 Nov 2026 8:40 pm

RBI launches 3 surveys to capture inflation expectations, consumer confidence ahead of December policy meeting

Reserve Bank of India has announced the November 2026 round of the Inflation Expectations Survey of Households. This survey aims to capture households' perceptions regarding price movements and inflation based on their consumption patterns. Additionally, the Urban Consumer Confidence Survey seeks to understand household sentiments on the economic situation and employment. The Rural Consumer Confidence Survey collects perceptions from rural areas on economic conditions, income, and spending.

The Economic Times 3 Nov 2026 8:40 pm

Gulf Oil eyes market leadership in India

The Economic Times 3 Nov 2026 8:38 pm

Centre plans to expand import clearance gateways for drugs, medical devices

The Health Ministry proposes adding seven inland container depots, an SEZ and Jewar airport to the approved list to ease imports of drugs, medical devices and cosmetics

Business Standard 3 Nov 2026 8:34 pm

AP CM Naidu directs officials to ensure crop insurance for cyclone-hit farmers

Chief Minister said cyclones Arnab and Murasu caused significant losses to the agricultural sector this season

The Hindu Businessline 3 Nov 2026 8:18 pm

Google Pay wants to help you pick your next outfit

Google Pay is testing a new fashion and lifestyle shopping feature in India, bringing personalised outfit recommendations, visual product search and virtual try-on to its payments app. The Discover section will allow users to explore clothing trends, find similar products by uploading photographs and get daily outfit suggestions. Powered by Google's Shopping Graph, which has over 60 billion product listings, the feature redirects users to merchants' websites to complete purchases.

The Economic Times 3 Nov 2026 8:15 pm

Gold vs Silver ETFs before Diwali 2026: Which delivered better returns? What risks should investors check before buying?

Silver ETFs have outperformed gold ETFs over one and three years, according to Value Research data. However, gold has proved more resilient during the recent correction. Here are the top-performing ETFs and five risks investors should check before investing.

Livemint 3 Nov 2026 8:12 pm

Astrobase, Bayer to invest Rs 700 cr in Karnataka

The Economic Times 3 Nov 2026 8:12 pm

India to develop tunneling machines rather than yield to Chinas curbs: Goyal

Will not compromise on dairy, GM items, other sensitivities in FTAs being negotiated, says Commerce Minister

The Hindu Businessline 3 Nov 2026 8:12 pm

After struggling with sleep, Amitabh Bachchan reveals how his unusual new technique finally worked

Amitabh Bachchan has opened up about his recent struggles with sleep, revealing that several techniques he tried to overcome his sleepless nights failed to work. In his latest blog, the 84-year-old actor also discussed his irregular gym routine, how his demanding work schedule is affecting his physical and mental energy, and his determination to get back to regular exercise.

The Economic Times 3 Nov 2026 8:11 pm

Tata Motors-Iveco comb0 to form world's 4th largest CV group

Tata Motors and Italy's Iveco have announced their combined enterprise will become the world's fourth-largest commercial vehicle manufacturer, boasting a revenue of Rs 2.28 lakh crore (Euro 21 billion) following Tata Motors' acquisition of an 89.42 per cent stake in Iveco.

Rediff 3 Nov 2026 8:09 pm

Airbus wants more 'Made in India' aircraft parts: From titanium to complex assemblies, here's what company plans to source next

Airbus plans to increase its annual sourcing of components and services from India to USD 2 billion before 2030, up from the current USD 1.6 billion. India head Jurgen Westermeier called the country a very important market and stressed the need to strengthen local manufacturing, MRO infrastructure and aviation training as the country's aircraft fleet expands.

The Economic Times 3 Nov 2026 8:09 pm

India elected as President of International Solar Alliance for third straight term: Pralhad Joshi

Addressing media at the summit, Joshi said, At the ninth session of the ISA, we reaffirm a fundamental belief: progress becomes truly meaningful when its benefits are shared. He congratulated France on the occasion of being reelected co-President of the ISA.

The Economic Times 3 Nov 2026 8:02 pm

Who protects a music composers legacy post death?

A music label may own the copyright, but a composer's moral rights can survive its transfer. Here's when heirs can demand credit or challenge a distorted remix.

Livemint 3 Nov 2026 7:58 pm

John Deere India sells more than 1 lakh tractors in a year

It highlights the growing role of farm mechanisation in improving agricultural productivity and efficiency, says the company

The Hindu Businessline 3 Nov 2026 7:47 pm

SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS Setty

Speaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth despite concerns over rising borrowing costs and competition for deposits.

The Economic Times 3 Nov 2026 7:41 pm

FLY91 plans to expand fleet to 60 aircraft in five years, targets 350 weekly flights: CEO Manoj Chacko

Regional airline FLY91 plans to expand its fleet from six to around 60 aircraft over five years, backed by an order for 40 planes scheduled for delivery between 2027 and 2032. The airline also aims to operate nearly 350 weekly flights this winter, prioritising domestic expansion before exploring international routes.

The Economic Times 3 Nov 2026 7:30 pm

RBI eases reporting norms for small service exporters and importers

The RBI has simplified export declaration and import reporting requirements for small service transactions, with revised rules taking retrospective effect from October 1, 2026

Business Standard 3 Nov 2026 7:19 pm

Tanishq gold rate today in India Nov 3 Tuesday: Price of 24 carat, 22 carat, 18 carat - Check latest metal movement

According to Tanishqs official website, gold prices across different purity categories increased on November 3, compared with the previous day.

Livemint 3 Nov 2026 7:18 pm

Demonstrations generates protest economy, SC tells Delhi traders

The court was responding to a petition filed by Kirana Committee Delhi that protests are bleeding the traders of Delhi dry during the two months of peak festive season around Dussehra and Deepavali.

The Hindu Businessline 3 Nov 2026 7:17 pm

Kotak - Deutsche Bank deal gets CCI nod

The Competition Commission of India (CCI) on Tuesday approved Kotak Mahindra Bank Limiteds proposed acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in India.The proposed transaction also includes referral arrangements between the parties through their affiliates, it said in a release.Earlier in June this year, Kotak Mahindra Bank and Deutsche Bank AG entered into a definitive agreement for acquisition, comprising approximately Rs 29,000 crore (Euro 2.7 billion) in loans, Rs 16,000 crore (Euro 1.5 billion) in deposits, and Rs 10,500 crore (Euro 1.0 billion) of assets under management, serving around 150,000 customers through a team of approximately 1,000 employees.This transaction aligns well with our focus on the affluent and SME segments, Ashok Vaswani, Managing Director and CEO, Kotak Mahindra Bank had said.It is a strong strategic fit and makes sound commercial sense. It also brings a high-quality customer franchise and experienced teams and adds incremental scale and adjacency opportunities. We look forward to warmly welcoming these customers and colleagues to the Kotak family, and our priority will be on disciplined integration and ensuring continuiy, while building further depth and capability in this business, he added as the lender announced the deal in June.Amid the transition, approximately 1,000 Deutsche Bank employees in India are expected to join Kotak, underscoring the importance both banks place on continuity for customers and long-term opportunities for employees.

The Economic Times 3 Nov 2026 7:12 pm

US weather: Severe storms, flash floods disrupt midterm poll voting, Florida relocates 18 polling stations

On November 3, midterm elections faced significant disruption due to severe storms and flash floods across the United States. In Florida, polling places were forced to relocate because of flooding, while Oklahoma experienced tornado destruction. Although conditions in Texas improved after a cold front, some regions encountered persistent issues. Colorado also struggled with logistical challenges, raising questions about statewide access to polling.

The Economic Times 3 Nov 2026 7:07 pm

Jess de Miguel Alameda cause of death: What happened in the CD Tenerife vs Andorra clash, and could Andorra goalkeeper Jess Owono face criminal charges?

CD Tenerife striker Jess de Miguel dies at 30 after collision with Andorra goalkeeper: CD Tenerife player Jess de Miguel collided with FC Andorra goalkeeper Jess Owono during a match on November 2. This incident occurred in the seventh minute of stoppage time, when both players were trying to play the ball. De Miguel was taken to hospital after suffering a cardiac arrest, but his condition worsened overnight.

The Economic Times 3 Nov 2026 7:07 pm

US midterm elections 2026: Which four early congressional districts could signal a Democratic wave before midnight? Here's what to watch

US midterm elections 2026: These districts are important because their results are expected during the first few hours of election night. Indiana and Kentucky will begin reporting results during the 6 pm Eastern Time hour, followed by several Florida congressional races during the 7 pm Eastern Time hour. These districts could also signal a Democratic wave before midnight.

The Economic Times 3 Nov 2026 7:05 pm

US Midterm Elections 2026: Election Day weather forecast warns of flooding, storms and possible tornadoes across several states-here's which states are affected

Millions of Americans are expected to vote on Election Day amid severe weather conditions nationwide. Florida has been hit hard by heavy rains, causing floodwaters and forcing polling relocations. Oklahoma experienced tornado damage, while other states like Texas and Mississippi are also at risk of storms. Research indicates that bad weather can decrease voter turnout, particularly among younger and occasional voters.

The Economic Times 3 Nov 2026 7:05 pm

Midterm elections vs presidential elections: Whats the difference and which offices are on the ballot today?

Midterm elections vs presidential elections: Americans will head to the polls on November 3, 2026, but they will not vote for president. The midterm elections will decide control of the House and part of the Senate, along with dozens of governorships and other state and local offices. Heres how midterms differ from presidential elections.

The Economic Times 3 Nov 2026 7:04 pm

15+ features of India's first Bullet Train

The Economic Times 3 Nov 2026 7:04 pm

Bengal CM announces Rs 5,000 aid for 19,524 tea garden workers ahead of Diwali

West Bengal Chief Minister Suvendu Adhikari announced financial assistance of Rs 5,000 for tea garden workers. The government is considering increasing rice allocation from 35 kg to 50 kg for these workers. Adhikari emphasized the commitment to reopen closed tea gardens for better employment opportunities. He also mentioned upcoming employment benefits under the Pradhan Mantri Chaa Shramik Yojana for eligible workers.

The Economic Times 3 Nov 2026 6:59 pm

Venkata Ramana Akkaraju appointed Vice-Chancellor of Indian Maritime University

Akkaraju previously served as Chairman of the New Mangalore Port Authority

The Hindu Businessline 3 Nov 2026 6:56 pm

Supreme Court strikes down Delhi HC order quashing registration granted for herbicide to control weeds

Justices Sundresh and Varale uphold Crystal Crop Protection Ltds appeal against a division bench ruling of the the High Court in favour of Dhanuka Agritech

The Hindu Businessline 3 Nov 2026 6:56 pm

8th Pay Commission latest news: One year completed, 3 key updates on salary revision, pension hike and fitment factor

The 8th Pay Commission completes one year on 3 November 2026. From its constitution and stakeholder consultations to employee demands and the fitment factor debate, here are five key developments and what central government employees and pensioners can expect on salary and pension revision.

Livemint 3 Nov 2026 6:53 pm

Explore opportunities in digital economy, students told

Expert session in Kalaburagi highlights career prospects in data centres, start-ups and technology-driven industries

The Hindu 3 Nov 2026 6:52 pm

Tata-Iveco combo to form world's 4th largest CV co

The Economic Times 3 Nov 2026 6:52 pm

In 1979, John Lennon left his $800 million estate to second wife, Yoko Ono, and his younger son, Sean, leaving out oder son, Julian. He refused to let it be and fought for 16 years and in 1996, obtained a share of the fortune. How much did he inherit?

After the death of his superstar father John Lennon, his eldest son Julian was left with nothing. He had to fight a gruelling legal battle for more than a decade to inherit just $25 million from Lennons immense $800 million estate. He also had to purchase his own letters to his father as well.

The Economic Times 3 Nov 2026 6:47 pm

Indias illegal gold imports surge 1,500% after tax hike

India's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the government's recent duty hike on gold and silver imports. The increase in informal shipments is linked to previous tax increases that incentivized smuggling and cash sales. Gold demand typically rises during major festivals, though year-on-year metrics indicate a decline.

The Economic Times 3 Nov 2026 6:46 pm

Diwali bonus dilemma: Should a nanny earning Rs 40,000 per month from Pune family get the same festive monthly bonus as a maid?

A Pune familys question about how much Diwali bonus to pay its domestic workers has led to a debate on Reddit. The family pays its nanny Rs 40,000 per month, compared with Rs 7,000 for its cook and Rs 4,000 for its maid, and is unsure whether the nanny should receive an entire month's salary as a festive bonus. While some Reddit users suggested paying 10-50% of her monthly salary, others argued that one month's salary is the customary Diwali bonus.

The Economic Times 3 Nov 2026 6:44 pm

Airlines need fair returns as airport investments and charges drive up costs: Indigo CEO

Willie Walsh calls for scrutiny of airport investments and warns of persistent jet fuel cost pressures

The Hindu Businessline 3 Nov 2026 6:29 pm

India adds 34 new universities to QS Asia rankings; top six slip

QS Asia University Rankings 2027: India has strengthened its higher education system, with 325 universities ranking in QS World University Rankings: Asia 2027. While the country added 34 new institutions, its leading universities experienced declines in their rankings. Indian Institute of Technology Delhi remained the highest-ranked institution but fell to 66th position. Despite setbacks, India excelled in research output relative to academic staff among Asian countries.

The Economic Times 3 Nov 2026 6:24 pm

Lighthouse Learning in talks to acquire Hyderabad's Kennedy School

Lighthouse Learning Group, previously EuroKids International, is negotiating to acquire Kennedy High and Meru International School. These acquisitions, valued at Rs 400 crore each, are expected to finalize in the coming weeks. The company aims to expand its network of K-12 schools to 100 over the next few years. Lighthouse Learning has undertaken several acquisitions since 2021 to grow its education portfolio.

The Economic Times 3 Nov 2026 6:16 pm

NCRTC to run 20 additional Namo Bharat Trips from November 4 amid rising pollution

The additional services will run along the entire corridor between Sarai Kale Khan in Delhi and Modipuram in Meerut, the NCRTC said in a statement. The AQI in the national capital recorded in the 'very poor' category with a reading of 350 at 4pm, according to the CPCP Sameer App.

The Economic Times 3 Nov 2026 6:13 pm

Gold, silver rates crash today: What's behind plunging precious metals prices ahead of Dhanteras, Diwali 2026? Details

Gold fell 542 per 10 grams and silver 875 per kg from AM to PM on November 3, according to IBJA. Ahead of Dhanteras and Diwali, here's what's driving the precious metals correction and what buyers and investors should consider.

Livemint 3 Nov 2026 6:07 pm

US midterm elections 2026: Are banks open on Election Day? Is the US stock market open today? November 3 trading schedule for Dow Jones, S&P 500 and Nasdaq

Are banks and the stock market open on Election Day 2026? Check November 3 federal holiday status, NYSE and Nasdaq trading schedules, and how to confirm your local bank branchs opening hours. Banks and financial markets are expected to follow their regular schedules on Election Day, November 3, 2026. The New York Stock Exchange and Nasdaq will remain open for usual trading hours. USPS, UPS, and FedEx are likely to maintain standard delivery operations on that day.

The Economic Times 3 Nov 2026 6:03 pm

How to watch US midterm election results live: CBS, Fox, ABC and C-SPAN timings and streaming options

US midterm election results live: Find out how to watch the 2026 US midterm election results live on CBS News, Fox News, ABC and C-SPAN. Check election-night coverage timings, TV schedules and streaming options, along with when polls close and results are expected to come in as Americans vote in key House and Senate races.

The Economic Times 3 Nov 2026 6:02 pm

Cornell fenced deer out of 6 plots in New York and watched them for 18 years; every protected plot grew trees, while nearby open plots had almost none

A long-term study by researchers at Cornell University revealed that deer populations are affecting eastern forests significantly. These deer have decreased the number of woody plants by half in open plots over 18 years. In contrast, fenced plots, which excluded deer, retained a sustainable number of trees. Furthermore, deer have caused an increase in seed diversity, resulting in a more varied plant community.

The Economic Times 3 Nov 2026 6:00 pm