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Troo Good opens seventh factory, takes output to 5 crore chikkis a month
Hyderabad-based startup expands capacity across three States; plans 40 crore investment in new factory
Wednesday Season 3 has wrapped filming and the upcoming season will follow the aftermath of Enid Sinclairs transformation into an alpha werewolf, which forced her to flee towards the Canadian border, while Wednesday Addams sets out to find her. The story will also explore the mystery surrounding Wednesdays missing aunt, Ophelia, played by Eva Green.
Private equity invests $6.1 billion in real estate in nine months
Data centres overtake offices, attracting 40% of capital; capacity set to grow 30% to 2,200 MW in 2026
Nestle sees strong growth potential for Maggi noodles in India; eyes expansion in Europe, Americas
The company, which sells noodles under the Maggi brand in India and other Asian markets, also has ambitious plans to expand the category in Europe and the Americas, its top leadership said during the earnings call for the September quarter of 2026.
Musk is getting it wrong on India's space oligarchs. Here's why
Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.
India-EU FTA may come into effect in January-March, says Piyush Goyal
Commerce Minister Piyush Goyal said the India-EU trade pact would be signed by the end of 2026, while warning that European regulations and tariffs could hurt trade
UPI Surcharge Crucial For Digital Payment System: J and K Bank CEO
J and K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
Govt grappling with old-age protection for gig, platform workers: Official
A government official said designing old-age protection for gig and platform workers remains a challenge, particularly over mandatory contributions and pension scheme structures.
Sold a property at a loss? Income tax rules allow you to offset certain property losses against capital gains from shares and mutual funds. Know the rules for short-term and long-term losses, the eight-year carry-forward limit and key tax conditions.
Air India board ratifies team consolidation, cost-saving plan
The Groups CEO empowered to take immediate measures to curtail costs and reduce wastage across various departments
NSDC raises Rs 4 crore through Social Stock Exchange for global skilling initiative
The funds raised will be used to provide skilling and employment opportunities to 600 youth from economically weaker other backward classes (OBC) households in Madhya Pradesh. The programme, with an estimated outlay of Rs 11.25 crore, aims to prepare 600 candidates for international employment opportunities, with 300 candidates earmarked for Japan and another 300 for Germany, the ministry of skills development and entrepreneurship said in a statement on Thursday.
Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressure
In the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by 26.6% amidst price competition and discounts across the sector. Public sector insurers saw a sharper decline in crop insurance compared to general insurers, impacting overall growth. Non-life insurance premiums grew 6.1% year-on-year, and health insurance experienced a 20.2% increase.
Parliamentary panel selects 25 subjects for review of urban development, Delhi projects
Under the Department of Urban Development, the committee will examine rainwater harvesting initiatives, legacy waste remediation, functioning of Smart City Integrated Command and Control Centres, and affordable rental housing projects.
Indian Bank raises special term deposit rates by 15 bps from October 23
Indian Bank has raised rates on its 555-day Ind Grow and 777-day Ind Prosper deposit schemes by 15 basis points each, following the RBI's October repo rate increase.
Adani group did not attempt Vizhinjam port stake sale without govt approval: V D Satheesan
Replying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an application to the government seeking prior approval for the proposed transfer of its existing 49 per cent shareholding.
GSTN adds two e-invoicing categories for reverse charge purchases
The new RCM-DOM and RCM-IMP categories will allow eligible businesses to generate e-invoices for specified domestic purchases and imported services under reverse charge rules
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk deposits and slowed term deposits mobilisation during the second quarter while it raised $2.3 billion (about Rs 21,000 crore) of foreign currency non-resident-bank (FCNR-B) deposits using the regulatory window.
Diljit Dosanjh shares a life lesson on dealing with setbacks and people who try to pull you down, saying difficult experiences can make you stronger and prepare you for better opportunities. His Instagram video comes amid a row over Delhi Police denying permission for his October 30 concert at Jawaharlal Nehru Stadium, citing security concerns and the festive season.
Mahindra Group chairman Anand Mahindra responded with humour after an X user gave him a 20-year expiry date while suggesting that he build powerful V8 and V10 engines before his time ran out. The person also proposed a Mahindra Scorpio with a V8 engine producing 500 horsepower. In response, Mahindra said he was a little shaken by the fans confidence in predicting his lifespan and jokingly asked him to extend my warranty.
GST registration for small e-commerce sellers to begin from November 1
The simplified GST registration facility will allow small e-commerce sellers to expand across states without setting up physical offices, with detailed notifications expected soon
Retailers clocked 8 per cent sales growth in September reflecting positive consumer sentiment: RAI
October and November will offer a clearer picture of consumer demand as per the CEO of RAI
Rupee snaps eight-day winning streak as rise in crude offsets inflows
The rupee weakened to 94.83 against the dollar after eight sessions of gains as rising crude oil prices and dollar buying offset foreign inflows linked to the Jio Platforms IPO
Wall Street dumps AI for Buffetts Berkshire
For three weeks, Wall Street sold one of the markets hottest trades and bought one of its oldest. Chip stocks fell about 15 per cent. Warren Buffetts Berkshire Hathaway rose about 7 per cent.Between October 2 and October 20, the iShares Semiconductor ETF (SOXX) lost 15.1 per cent, while Berkshires Class B shares (BRK-B) gained 7.4 per cent, according to Yahoo Finance.On Tuesday, BRK-B closed at a record high for the first time since May 2, 2025, the day before Buffett said Greg Abel would take over as CEO.On Wednesday, both the Class B and Class A (BRK-A) shares touched new intraday records.Berkshire hits a record as chip stocks slump 15%: the rare dot-com-era signal investors are watching, and what it may mean for your portfolioThe wait was long. In those 17 months, the S&P 500 gained more than 35 per cent, and Berkshire only now got back to a record close.The recent moves have been strikingly one-sided. From October 6 to Tuesday, SOXX fell in 10 of 11 sessions, and Berkshire rose on nine of those days.On the chip sectors two worst days, October 14 and October 16, Berkshire posted two of its best gains of the run. Since October 1, the stock has mostly gone up on days when chips went down.For now, that makes Berkshire look like a hedge against the AI chip trade.Berkshire is on track to rise in 14 of its last 15 sessions. It also strung together a 10-day winning streak, its first since 2018.The gap between the two is historic too. Over the 12 sessions from October 2 through Tuesday, Berkshire beat SOXX by 22 percentage points.Yahoo Finance compared Berkshire with the PHLX Semiconductor Index going back to 1994, and found this is the widest 12-session gap since early 2010. The all-time record, set in April 2000, was close to 40 points.The gap alone is not the rarest part. The combination is. Chips fell at least 14 per cent while Berkshire gained at least 7 per cent over 12 sessions. Before this month, that last happened on October 3, 2001. Every earlier case came in 1995-96 or in 2000-01, when the dot-com bubble was bursting.History gives a mixed message from here. In the short term, chips bounced back. They were higher a week later in five of the six earlier cases, and they are rebounding on Wednesday as well. A year later, the picture was weaker: chips were lower in five of six cases, and the S&P 500 fell in four.Under Abel, Berkshire is also using its cash differently. It bought back about $4.5 billion of its own stock in the second quarter. That ended 14 straight quarters in which it sold more of its own stock than it bought, and its cash pile has come down from a record $397 billion.Buffett said on September 18 that he would step down as chairman too. The stock hit its low about two weeks later.The tech bets are changing as well. A few years ago, Apple made up nearly 45 per cent of Berkshires invested assets. Buffett was never known as a tech investor. What drew him to Apple was customer loyalty and peoples willingness to pay premium prices for iPhones, Macs and iPads, not the technology itself.In just a few months, Alphabet has become for Abel what Apple was for Buffett. Google handled roughly 90 per cent of global internet search traffic in September, which is part of the appeal. But the AI ambitions are what interest both men most. Since Alphabet added generative AI and large language models to Google Cloud, the worlds third-largest cloud platform, sales in that high-margin business have grown very fast.Abel is also looking beyond Alphabet. An October 14 filing with the US Securities and Exchange Commission shows Berkshire is buying 10 million shares of Bending Spoons in a private placement at $33 a share, an investment of $330 million. It follows a $600 million investment at the companys IPO in July.The companys model has some similarity to Berkshires own. Berkshire grew to a $1 trillion market value by buying about five dozen companies, and pieces of others, and usually holding them for a long time.Bending Spoons, based in Italy, buys technology platforms and uses software, AI, price hikes and layoffs to make them leaner and to sell more subscriptions. So far it has bought AOL, Vimeo, Brightcove, Eventbrite and WeTransfer, among others. The company is already profitable and growing quickly.The next test comes with Berkshires third-quarter results, expected on Saturday, November 7.
Israeli Prime Minister Benjamin Netanyahu has invited Indian Prime Minister Narendra Modi to participate in Independence Day celebrations. Modi expressed gratitude for the invitation and acknowledged the cooperation between India and Israel on terrorism. Both leaders emphasized the importance of their long-standing relationship over the years. Netanyahu shared this conversation on social media to highlight their collaboration.
Pakistan's decades of interfaith promises fail to protect Sindh's Hindu minorities
According to The Express Tribune, the event, organised by the Christian Study Circle at a local hotel, brought together political representatives, religious figures, lawyers and social activists. Participants called for coordinated efforts to tackle religious extremism, discrimination and abuses against vulnerable communities.
Beyond accumulation: Giving every investment a clear role in your portfolio
Building a robust investment portfolio requires a clear understanding of the foundational roles played by both core and satellite investments. Many investors fall into the trap of miscategorizing satellite strategies as core assets, which disrupts the overall balance. While Specialised Investment Funds (SIFs) are becoming increasingly popular, they must be aligned with specific functions in a broader investment strategy.
Celebrity residences often showcase wealth and larger-than-life personalities, but Punjabi singing sensation Diljit Dosanjhs homes offer a glimpse into his personal journey and appreciation for understated elegance.
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed
Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.
Xbox Cloud Playtime launched: What is it, pricing, and everything else you need to know
Microsoft has unveiled a groundbreaking service called Xbox Cloud Playtime, enabling gamers to stream titles without needing a Game Pass subscription. Currently in preview for Xbox Insiders, it is set for a broader release in November. Players can buy cloud playtime in several hour increments, allowing them to stream eligible games on compatible devices. Due to increasing costs, restrictions have been placed on cloud gaming for Game Pass users.
India permits 6,500 tonnes of silver imports despite weak demand
India has permitted imports of around 6,500 metric tons of silver over six months despite weak domestic demand, a move expected to ease local premiums while supporting global prices.
Naman Dhir's unbeaten 42 off 15 balls helped India complete their highest successful T20 chase against New Zealand, earning praise from captain Shreyas Iyer for his composure and all-round options. Dhir's breakthrough comes after he nearly quit cricket in 2022 to move to Canada, before his father's encouragement led him to continue, make his Ranji Trophy debut and earn an IPL opportunity.
Adani Ports expands presence by incorporating subsidiary in Oman
Adani Ports and Special Economic Zone Limited has established a wholly owned subsidiary named Indian Ocean Gateway Terminal in Oman. This new entity aims to conduct offshore operations locally, aligning with the company's strategic expansion as a global transport operator. Adani International Ports Holdings Pte. Ltd. holds 100 percent of the subsidiary's shares. The incorporation involves a total share capital of OMR 500,000 with 100 shares of OMR 5,000 each.
Sydney Sweeneys mansion has space for 6 boats
American poet and meditation teacher Stephen Levine believed that trying to control everything can leave us tense and unhappy. In an interview with Randy Peyser, he explained that conscious living means paying attention to the present with compassion. Levine also distinguished happiness from joy, calling the latter a birthright. His message encourages accepting uncertainty and living more fully instead of fighting what we cannot control.
Explore a steady approach to portfolio tracking
When the market experiences corrections, panic can easily set in for investors, causing them to rethink their long-term commitments. It's common to see reactions to volatility, even when the strategies themselves are unchanged. Success in wealth creation hinges on sticking to a steady approach instead of trying to outsmart market variations. Regularly assessing financial goals and portfolio health helps investors sidestep emotional choices and concentrate on achieving lasting financial outcomes.
Post office deposits, bank FDs and arbitrage funds differ in post-tax returns, liquidity and risk. A 5 lakh investment could earn more through arbitrage funds in higher tax brackets, but holding period, taxation and capital safety matter.
Darjeeling toy train joyrides ferry 12,000 passengers, earn Rs 1.41 crore in 3 weeks
Darjeeling Himalayan Railway reported record passenger numbers during the first three weeks of October. The heritage railway generated significant revenue from joyride services offered to tourists. Special joyrides were introduced to facilitate the increased tourist numbers and enhance their experiences. Both steam and diesel locomotives operate on selected routes, showcasing the scenic beauty of Darjeeling. This initiative caters to the growing interest in heritage train journeys among visitors.
Pizza Hut Indias restaurant sales fall 7% in FY26; EBITDA margin turns negative
Pizza Hut India reported a 7% decline in restaurant sales to 5,065 million in FY26. Restaurant EBITDA margin improved to -2.8% in Q2 FY27 from -3.6% in the previous quarter. Despite a recovery in quarterly sales, the annual average daily sales fell to 41,000 in FY26. Sales figures revealed fluctuations, peaking at 5,450 million in FY25. The company aims to recover from negative margins observed in recent fiscal years.
India's real estate sector attracted private equity (PE) investments worth USD 6.1 billion across 55 deals in the first nine months of 2026, with data centres emerging as the largest investment destination, accounting for 40 per cent of total inflows, according to a FICCI-Anarock report. The report titled
ICICI Bank to increase savings account cash transaction charges from December 1: Who will pay more?
ICICI Bank will increase select savings account cash transaction charges from December 1, 2026, while retaining free monthly limits. Customers exceeding these limits will pay more.
Sonu Sood to earn Rs 3.52 crore in rent in 5 yrs
Civic Studios announces three releases spanning climate, sex education and womens boxing
Civic Studios is set to release three films focused on important social issues in the coming months. Spice & Soul is their first climate microdrama which showcases food waste and local sourcing. Little Thomas aims to provide sex education through a child's perspective and will be released in Indian cinemas. In The Shadows, a biopic about boxer Ramla Ali, explores themes of identity and resilience.
Why the RBI's rupee defence is not enough: India needs a long-term currency resilience strategy
While currency interventions can stabilise markets in the short term, a lasting solution requires stronger foreign investment, export competitiveness, affordable currency hedging and reduced dependence on imported energy.
How EPFO can cut penalty for late PF contribution
India-EU trade deal could become operational in early-2027, Piyush Goyal says
Piyush Goyal, Indias trade minister, has revealed that a free-trade agreement with the European Union is on the horizon, with expectations to finalize it by year's end. Set to become operational within four to five months after signing, this deal aims to improve market access and foster investment collaborations between India and the 27 EU member states.
Mumbai-Bengaluru Vande Bharat Sleeper to begin operations on November 1
India will launch its second Vande Bharat sleeper train service between Mumbai and Bengaluru on November 1. This service aims to reduce travel time by nearly eight hours, covering the 1,118-km distance in about 16 hours. The train will feature 16 air-conditioned coaches, offering 823 berths for passengers' comfort. Fares for the sleeper service will be determined based on a per-kilometer structure, which is competitive with global rates.
6,500 metric tons incoming in next six months: India opens festive floodgates for silver
The increased allocation could support international silver prices while bringing down elevated premiums in India, where tight supplies have pushed local prices above official domestic benchmarks.
Have 10 lakh set aside for emergencies? Here's how to divide it between savings accounts, fixed deposits and liquid mutual funds to balance easy withdrawals, capital safety and returns, along with key differences in taxation and liquidity.
Nvidia co-founder Jensen Huang has revealed how he struggled to contact TSMC founder Morris Chang in the late 1990s when his young company needed a manufacturer for its graphics chips. After repeated phone calls went unanswered, Huang wrote Chang a lengthy letter, eventually receiving an unexpected call that opened the door to a lasting business relationship.
Draft GST return forms to be put up on Nov 1 for public comments
GST Councils recommendations includes various measures to streamline return filing process, to minimize mismatches in liability and input tax credit (ITC) in returns
US visitor visa wait hits 12 months in India
Indian applicants seeking US business and tourist visas may have to wait up to 12 months for the next available interview appointment in Mumbai. Hyderabad follows with a 10.5-month wait, while New Delhi has an estimated wait of 11 months, according to the departments Global Visa Wait Times update dated October 21.Kolkata applicants face an estimated 8.5-month wait for the next available appointment, while Chennai has a 7.5-month wait. Mumbai also records the highest average wait time among the five cities at 12.5 months, measured from visa fee payment to the interview date in the previous month.Also Read: Australias new arrival control law raises questions for students and workers returning homeThe waiting period varies considerably by visa category. Applicants seeking student and exchange visitor visas generally face shorter queues, while appointment availability for petition-based work visas differs across consular posts.City-wise US visa appointment wait timesIndian cityVisitor visa (B1/B2): Average waitNext available visitor visa slotStudent/exchange visa (F, M, J)Petition-based work visa (H, L, O, P, Q)Mumbai12.5 months12 months4 months2 monthsHyderabad10.5 months10.5 months1 month6.5 monthsNew Delhi7 months11 months3 months3.5 monthsKolkata8.5 months8.5 months2.5 months1 monthChennai7.5 months7.5 months3.5 months2.5 monthsSource: US Department of State, Global Visa Wait Times, updated October 21, 2026.Student visa slots available soonerThe data shows that applicants seeking F, M and J visas, which cover student and exchange visitor categories, generally face shorter waits than visitor visa applicants.Also Read: Norway named best among National Geographic's world travel map for 2027; Indian city among the topHyderabad has the shortest estimated wait in this category at one month, followed by Kolkata at 2.5 months. New Delhi applicants face a three-month wait, while Chennai and Mumbai have estimated waits of 3.5 months and four months, respectively.For petition-based visas, including H, L, O, P and Q categories, Kolkata has the shortest estimated wait at one month. Mumbai follows at two months, while Chennai and New Delhi have waits of 2.5 months and 3.5 months, respectively. Hyderabad has the longest wait in this category at 6.5 months.The figures cover grouped visa categories and should not be interpreted as separate estimates for individual classifications such as H-1B or L-1 visas.Although, the state department cautions that these estimates do not guarantee an appointment within a specified period. Embassies and consulates release additional slots regularly, and applicants who have already scheduled interviews can check the appointment system for earlier dates.The published estimates also exclude appointments for applicants who qualify for an in-person interview waiver. Applicants are advised to check the relevant US embassy or consulate website for updated availability and appointment instructions.
88% Indian cos want FDEs by 2030, only 1% fit bill
Mahindra Lifespaces April-September pre-sales rise 66% to Rs 1,988 crore
Mahindra Lifespace Developers reported a 66% increase in residential pre-sales, reaching Rs 1,988 crore in H1 FY27. The company added Rs 7,100 crore in gross development value during the same period, showing strong demand. However, the second quarter saw a decline in profit after tax to Rs 16 crore from Rs 48 crore last year. The revenue from the integrated cities and industrial clusters also fell to Rs 63 crore.
Giannis Antetokounmpo reportedly invested $70 million in real estate in 2025
Since October 2025, NBA superstar Giannis Antetokounmpo has strategically invested approximately $70 million in various real estate ventures. His family's company, Ante, has facilitated several significant purchases, including apartment complexes in Wisconsin, Brooklyn, and Chicago. Notably, he recently acquired a lavish $13.5 million mansion in Pinecrest, Florida, after joining the Miami Heat. These investments reflect Antetokounmpo's commitment to expanding his financial portfolio beyond basketball income.
Gen Z doesn't need a 30-year SIP for retirement. They just need to get the first seven right.
Instead of demanding a intimidating 30-year commitment, the First Seven Framework encourages Gen Z to aggressively build their retirement foundation during the first seven years of their career when life responsibilities are minimal.
Natural rubber prices hit record high of 290 per kg on strong demand, tight supplies
Domestic prices ruling 20 per kg higher than international prices on robust offtake by tyre manufacturers
Australia, India can accelerate global clean energy transition, says diplomat
Australia's High Commissioner to India highlighted collaboration opportunities for clean energy between Australia and India. The pairing of Australian mineral resources and engineering with Indian manufacturing could spur advancements in energy transitions. Both nations strive for stronger supply chains in renewable energy and related technologies. Australian commitments include aiming for net-zero emissions by 2050 with significant renewable energy targets for 2030.
Sensex, Nifty extend losses as West Asia tensions fuel oil price surge
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
AI in supply chain management: How enterprises are rethinking warehousing, forecasting and delivery
AI is changing supply chain management by helping businesses forecast demand, position inventory, automate warehouses, and improve delivery planning. As quick-commerce companies build operations around speed, established enterprises are exploring how similar capabilities can improve efficiency across complex networks. The challenge is connecting systems and translating better predictions into measurable operational gains.
Why do diets fail despite your best efforts? How expert nutrition support can help
Most diets fail not because of weak willpower but because generic plans ignore your food, routine and health needs, then leave you alone when cravings hit. Discover why personalised, expert-led support built around home cooking works better, and how a plan that fits your life makes healthy eating easier to sustain.
Oil hits near six-month high as Houthi attacks rattle Saudi Arabia
Brent crude futures (December) were trading about 3.2% higher than their previous close at $112.35 per barrel on Thursday afternoon
Delhis State Consumer Commission dismissed HDFC ERGOs appeal over policyholders denied dengue treatment claim. It ruled that 24-month waiting period for specified illnesses could not apply because dengue was not on list, & upheld an order directing insurer to pay compensation & litigation costs.
BL Agro forays into Tanzania, plans to invest 7,000 cr in 10 years
The plan is to grow sunflower and exotic vegetables in the African nation with an eye also on export opportunities in Europe besides meeting domestic demand locally.
The report Coal Gasification for 'Atmanirbhar Bharat noted that the coal ministry projects investments of 2.5-3 lakh crore across 25 projects to achieve the target of 100 MT of coal gasification by 2030.
GST Reforms: Easier registration for small e-commerce sellers, faster refunds to take effect Nov 1
The notifications and circulars on the relevant process reforms have already been approved by the legal department and are likely to be issued on Friday
Vivo V80 review: A capable camera phone, but does it justify its Rs 62,999 price tag?
Vivo's latest launch, the V80, is tailored for both photography lovers and general smartphone users, boasting a robust design, extended battery life, and a stunning AMOLED display ideal for media consumption. However, while it handles daily operations adequately, we would have preferred a more powerful processor
SBIs cyber defences under scrutiny; its Cyber Defence Centre to be operational by FY27
The banks FY26 reports detail IT audits, automated threat monitoring and security testing, and outline plans for an integrated Cyber Defence Centre
Adani Energy's 'smart' bet & Rs 29,519 cr play
Adani Energy Solutions has 24.6 million smart meters under implementation across 10 projects, carrying a revenue potential of over Rs 29,519 crore, as the company looks to unlock growth from its metering business alongside a sizeable transmission project pipeline and expanding energy supply operations.The company had installed 14.82 million smart meters cumulatively by the end of September 2026, compared with 7.4 million a year earlier.Also read: Adani Energy Q2 Results: Profit zooms 148% YoY to Rs 1,323 crore; revenue jumps 53%However, installations during the first half of FY27 stood at 3.5 million, against 4.2 million in the corresponding period last year. The pace of execution will be an important metric to watch as the company works through its existing pipeline.Rs 87,000 crore transmission pipelineAESL has 15 transmission projects worth approximately Rs 87,000 crore to execute, providing visibility into its project pipeline. The company also sees near-term transmission tendering opportunities of around Rs 1.4 lakh crore, creating scope to expand its order book through fresh project wins.During the September quarter, AESL secured two transmission projects, Vizag Power Transmission Ltd and Satara Power Transmission Ltd, adding to the projects it will need to execute. Its ability to convert upcoming tender opportunities into new orders and deliver existing projects will be important to growth in its transmission business.Transmission capital expenditure rose to Rs 5,542 crore in the first half of FY27 from Rs 3,343 crore in the year-earlier period, reflecting increased investment in the business.Expanding beyond transmission and distributionAESL has entered into a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to supply 2,500 MW of round-the-clock power.The company said its supply tie-ups include around 4.6 GW across solar and wind, along with 3.5 GWh of battery energy storage capacity. It expects this portfolio to cater to commercial and industrial customers, data centres and utilities through integrated renewable and round-the-clock energy solutions.The long-term power supply agreement adds another dimension to the company's growth outlook, alongside its transmission, distribution and smart metering operations.In its Mumbai distribution business, Adani Electricity Mumbai Ltd's regulated asset base stood at Rs 10,456 crore at the end of the first half of FY27, up 11% year-on-year. The company reported 99.99% supply reliability during the quarter.AESL also reported transmission system availability of more than 99.8% in the September quarter. It earned Rs 61 crore in incentive income during the first half, which it attributed to high network availability.Also read: Adani Total Gas appoints CEO Sanjay Pandita as executive director for 3 years; Suresh P Manglani retiresQ2 net profit rises 148% to Rs 1,323 croreAdani Energy Solutions reported a 148% year-on-year increase in consolidated net profit to Rs 1,323 crore in the September quarter, compared with Rs 534 crore in the year-ago period.Revenue from operations rose 53% to Rs 10,076 crore from Rs 6,596 crore a year earlier. Total income increased 51% to Rs 10,239 crore from Rs 6,767 crore.Sequentially, consolidated net profit rose 15% from Rs 1,149 crore in the June quarter, while revenue from operations increased nearly 4% from Rs 9,711 crore. Profit before tax climbed to Rs 1,767 crore from Rs 746 crore in the year-ago quarter.Total expenses increased 54% year-on-year to Rs 8,756 crore. The cost of power purchased more than doubled to Rs 3,244 crore from Rs 1,601 crore, while construction expenses relating to service concession arrangements rose to Rs 2,256 crore from Rs 1,625 crore.Finance costs increased 35% to Rs 1,180 crore from Rs 872 crore. Depreciation and amortisation expenses rose to Rs 601 crore from Rs 509 crore.For the first half of FY27, consolidated net profit increased 136% to Rs 2,472 crore from Rs 1,046 crore in the corresponding period last year. Revenue from operations rose 47% to Rs 19,787 crore from Rs 13,415 crore, while total income increased to Rs 20,092 crore from Rs 13,793 crore.Profit before tax for the six-month period climbed to Rs 3,208 crore from Rs 1,404 crore a year earlier.The company's total outstanding borrowings stood at Rs 51,520 crore at the end of September 2026, compared with Rs 48,898 crore at the end of March 2026.
Rajasthan govt launches campaign to curb GST evasion, fraudulent ITC claims
Rajasthan's Commercial Tax Department has intensified its drive against GST evasion, detecting potential tax irregularities of 2.85 crore across 10 business establishments.
IMF, OECD warn AI may widen global divide
Only four of 37 flexi-cap funds delivered over 8% annualised returns on three-year SIPs, while three posted losses. ITI Flexi Cap topped the list at 10.16%, while large schemes such as Parag Parikh, HDFC and SBI delivered lower returns.
Air India commences construction on multi-facility MRO hangar at Delhi Airport
Spread across nine acres, the facility is being designed to accommodate one widebody and one narrowbody aircraft simultaneously
Air India breaks ground on Delhi MRO hangar to boost in-house maintenance
Air India has initiated the construction of a new Maintenance, Repair, and Overhaul hangar at Delhi's airport. This facility will enable the airline to streamline maintenance operations and improve fleet reliability. Once completed, it will accommodate both widebody and narrowbody aircraft simultaneously, marking a significant development in aviation. The hangar is designed for scalability and will reduce aircraft ground time significantly.
Large-cap mutual funds look relatively attractive on valuations, while small-cap funds lead in returns and inflows. With Diwali approaching, experts explain how investors should weigh valuations, risk appetite, investment horizon, and portfolio allocation before deploying fresh money.
In 1892, Jesse Wilford Reno patented a moving conveyor designed to transport people between different levels. His invention was first exhibited as an amusement ride at Coney Island, attracting around 75,000 visitors in two weeks. The conveyor consisted of metal boards and operated at a 25-degree gradient, differing from modern escalators. Although seen as an entertainment novelty, it laid the groundwork for future escalator development.
Quick commerce, food delivery platforms see festive demand spike during Navratri
There was a significant spike in orders for festive groceries, Vrat thalis, clothing and jewellery
Lockheed, Pentagon strike initial deal to produce 850 F-35 jets
Lockheed Martin has entered into an agreement to produce 850 F-35 Lightning II fighter jets over the next decade. The contract is not an order but a prearranged long-term arrangement with the Department of Defense. This agreement aims to stabilize annual production at 156 aircraft, while also covering international orders and spares. Lockheed anticipates that this deal will support hundreds of thousands of jobs in the US.
Govt issues new SOP for NPS to OPS migration
Every time Rahul Gandhi goes abroad, he engages with Ilhan Omar & Soros gang: Nishikant Dubey
The Nationalist Congress Party has accused the ruling Bharatiya Janata Party of misleading the public. NCP national spokesperson Clyde Crasto emphasised the need for a legitimate electoral process to change government. Allegations arise regarding irregularities in the Special Intensive Revision concerning electoral rolls. Crasto specifically mentioned the BJP's defense of Chief Election Commissioner Gyanesh Kumar amid these controversies. Opposition parties continue their calls for Kumar's resignation over these serious concerns.
Air India Starts Work On Delhi MRO Facility
Air India has commenced construction of a new multi-facility Maintenance, Repair, and Overhaul (MRO) hangar at Delhi's Indira Gandhi International Airport. This nine-acre facility aims to centralise engineering and maintenance activities, enhancing fleet upkeep, improving reliability, and reducing aircraft ground time for the Tata Group-owned airline.
Adani Total Gas appoints CEO Sanjay Pandita as ED
Union home minister Amit Shah has set December 31, 2029, as the target to make India drug-free, saying the Centre will focus on tackling the narcotics menace after its fight against terrorism and armed Naxalism. Speaking on Police Commemoration Day, Shah also credited security forces for their role in LWE-affected regions. Around 7,000 people from 126 districts affected by left-wing extremism will attend the Ekta Diwas parade in Gujarat on October 31.
Rupee's 8-Day Winning Streak: RBI, Jio IPO Boost Currency
The Indian rupee has achieved its longest winning streak in nearly eight years, appreciating for eight consecutive sessions to close at a six-week high. This rally is attributed to strategic central bank interventions, healthy foreign capital inflows linked to the Jio Platforms IPO, and profit-taking in the US dollar.
Himadri Speciality Chemicals plans Rs 1,613-cr capacity expansion across key businesses
Himadri Speciality Chemicals Ltd is implementing a growth strategy focused on capacity expansion and investment. The company plans to invest in lithium iron phosphate, speciality chemicals, and carbon nanotubes. This investment aims to build a strong foothold in the energy transition economy and enhance profitability. Additionally, the company seeks to strengthen its position in high-performance carbon black and expand its global presence.
Oscar-winning actress Judi Dench, 91, has revealed that age-related macular degeneration, diagnosed in 2012, has left her unable to read, act in films or perform on stage. Speaking to BBC Radio 4s Today programme, she also described struggling to recognise faces. The actress, famous for playing M in eight James Bond films, previously called giving up driving due to her eyesight one of lifes most traumatic moments.
Country Music Hall of Famer John Anderson, best known for hits like Swingin and Seminole Wind, has died at 71. With an estimated net worth of $7 million, Anderson built his fortune through hit albums, music royalties, live performances and a career spanning four decades. John Andersons hit album Wild and Blue went multi-platinum, earning him royalties that continue to bring in money.
India speaks out after Saudi strikes claim Indian life
Next 30 years, you wont get a chance: HM Amit Shah hits at Rahul Gandhi, Kejriwal over protests
Prabhas, the renowned Telugu actor, lives in a stunning villa situated in the Jubilee Hills area of Hyderabad, valued at around Rs 60 crore. The residence boasts contemporary architecture with refined interiors, including a spacious living room and an impressive spiral staircase adorned with exquisite artwork. The terrace offers breathtaking views of the Hyderabad skyline, reflecting Prabhas stylish living.
