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The Economic Times

Economy / The Economic Times

Inside Park Hospitals' regional playbook: Why North India depth matters more than national reach

Park Hospitals is on an ambitious expansion journey, targeting around 6,600 beds by December 2028 across North India. Their strategy focuses on building hospitals in close proximity for better operational efficiency. The new Prayagraj initiative underscores a successful public-private partnership and illustrates their commitment to enhance healthcare capacity, ultimately improving patient care and resource management in the region.

4 Nov 2026 6:06 pm
Bill Clinton predicted Abdul El-Sayed could enter politics in 2007, but he laughed it off. 20 years later, he makes history as first Muslim US Senator

Abdul El-Sayed once laughed off former US President Bill Clinton's suggestion that he could run for public office, telling him, I dont know if you saw my name. Its not going to work out for me. Nearly 20 years later, the son of Egyptian immigrants has made history by becoming the first Muslim elected to the US Senate after defeating Republican Mike Rogers in Michigan.

4 Nov 2026 5:55 pm
India's payments authority NPCI forms unit to push into AI, blockchain tech

The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.

4 Nov 2026 5:36 pm
Dabur Global CEO Mohit Malhotra resigns

Dabur India Ltd. on Wednesday said Mohit Malhotra has resigned as Global Chief Executive Officer and Whole-time Director of the company, effective November 13, 2026, citing personal interests.Malhotra, who has been with Dabur for more than three decades, has accepted a leadership role overseas, according to his resignation letter dated November 3.The companys board accepted his resignation at a meeting held on Wednesday.In his resignation letter, Malhotra said he had joined Dabur as a management

4 Nov 2026 5:11 pm
India says PepsiCo, Monster marketed with 'energy drink' label to dupe consumers

India's food regulator FSSAI has accused PepsiCo and Monster Beverage of misleading consumers by marketing high-caffeine products as energy drinks, defending its ban on the label. The dispute has escalated into a legal battle, with the regulator citing public health risks linked to caffeine, sugar and taurine content.

4 Nov 2026 5:10 pm
Rustomjee posts record 1,423 cr pre-sales in Q2, targets Rs 5,000 cr for FY27

Rustomjee Group, noted for its luxury projects, achieved record pre-sales of Rs 1,423 crore in the second quarter. The company's net profit rose to Rs 101 crore compared to Rs 10 crore last year. Additionally, revenue from operations saw a significant increase to Rs 497 crore during the same period. Rustomjee plans to focus on redevelopment and expand throughout the Mumbai Metropolitan Region.

4 Nov 2026 5:10 pm
After IPO, Acme Universal Safezone posts Rs 7-cr profit in H1FY27

Acme Universal Safezone 9 Ltd has announced its first half FY27 financial results showing a net profit. The company previously reported a net loss of Rs 7.55 crore in the same period last fiscal year. Revenue from operations increased to Rs 119.93 crore, reflecting a growth of 16.09 percent year-on-year. IPO proceeds will be used for expansion, working capital, and potential acquisitions.

4 Nov 2026 5:08 pm
Abdul El-Sayed: How a Rhodes scholar from Michigan became the state's first Muslim US Senator

Abdul El-Sayed's inspiring journey began in Michigan, shaped by his upbringing as the child of Egyptian immigrants. His dedication to social equity led him to graduate with highest honors from the University of Michigan and earn a Rhodes Scholarship to Oxford. Completing his medical degree at Columbia University fueled his passion for tackling health disparities.

4 Nov 2026 5:08 pm
India plans world's highest railway station at 5,256 metres, above China's record; check route, cost and key challenges of Rs 1.31 lakh crore project

India's proposed railway link to Ladakh could set a new global record, with plans for a railway station at an altitude of around 5,256 metres above sea level. If completed along the proposed alignment, the station beneath the Tanglang La pass would overtake China's Tanggula railway station to become the world's highest railway station.

4 Nov 2026 5:00 pm
EloElo eyes global expansion post $80 million fundraise, aims to build Netflix of micro-drama

EloElo Group, the parent company of Story TV, successfully raised $80 million in a Series C funding round. The funding round was led by Hornbill Capital and NBCUniversal, significantly increasing the company's valuation. EloElo aims to enhance its micro-drama platform and expand into international markets. The company reported substantial user growth and high production efficiency using AI technology.

4 Nov 2026 4:54 pm
Russell Brand trial: Jury begins deliberations in rape and sexual assault case involving six women

Russell Brand is currently facing serious allegations of rape and sexual assault, which he denies. A jury in London has begun deliberating the case after extensive testimony and courtroom arguments. The allegations involve incidents that reportedly occurred over a decade ago, when he was gaining fame. Prosecutors describe Brand as a sexual predator, while his lawyer asserts his actions were not criminal.

4 Nov 2026 4:39 pm
Harry Potter to become free worldwide before HBO series debuts in December. Check how to get access, new poster, streaming details

All seven Harry Potter full-cast audiobooks will be available to borrow for free through participating public libraries worldwide from December 1, 2026. The collection will be released in three phases, with the final two books arriving in February 2027. The announcement comes ahead of HBO's new Harry Potter series, which premieres internationally on December 25 and streams in India on JioHotstar from December 26.

4 Nov 2026 4:34 pm
Russia's Mikhail Kalashnikov invented the deadly AK-47 rifle, but a 2013 letter to church just before his death revealed his deepest regret: 'My spiritual pain is unbearable'

The rifle he developed in 1947 was primarily intended to safeguard Russia's boundaries. As he aged, Kalashnikov shared that he became more consumed by this question, always contemplating why God had made humans with harmful inclinations like jealousy, greed, and aggression.

4 Nov 2026 4:30 pm
IndiQube reports Rs 475 crore revenue during Q2 FY27

IndiQube has reported impressive financial growth in Q2 FY27, achieving a revenue of Rs 475 crore, which marks a 34% increase from the previous year. With a total H1 revenue of Rs 904 crore, the company is on a strong upward trajectory. PAT surged by 66% to Rs 92 crore, while EBITDA saw a 40% rise to Rs 105 crore. Currently, IndiQube operates over 10 million sq. ft.

4 Nov 2026 4:18 pm
Unknown numbers adding you to WhatsApp groups? Android and iOS users can change this setting to protect privacy

WhatsApp users can prevent unknown people from adding them to unwanted groups by changing their group privacy settings. Under Settings, go to Privacy and select Groups. Choose My contacts or My contacts except to restrict who can add you. The setting applies to new groups and syncs across WhatsApp Web and Desktop.

4 Nov 2026 4:08 pm
Emomee calls for stronger regulation of childrens digital content

Emomee, a children's entertainment company, emphasises the need for better regulation of digital content for young viewers. The company's founders, motivated by their children's viewing experiences, focus on creating quality educational programming. Recently, Emomee launched a series on Netflix and is exploring global partnerships for distribution. They are also developing physical products and considering live events to engage audiences.

4 Nov 2026 4:08 pm
IREDA seeks global funding partnerships to lower borrowing costs for green projects

IREDA is aiming to collaborate with global banks and investors for long-term green financing initiatives. Renewable energy developers in India face high borrowing costs compared to those in developed markets. The country requires significant investment to achieve its renewable energy capacity goals by 2030. Concerns regarding land acquisition and transmission infrastructure continue to pose challenges for developers. Disruptions in power generation can substantially impact project finances and r

4 Nov 2026 4:05 pm
Macallans India journey: Tapping a growing appetite for luxury, legacy, and craftsmanship

The Macallan is committed to strengthening its connection with consumers in India through meaningful experiences and storytelling. This strategy aims to highlight the brand's heritage and craftsmanship in a local context. As Indian consumers become more discerning, they increasingly value authenticity and quality in luxury spirits. The Macallan plans to deepen partnerships with stakeholders in the luxury market while establishing a locally anchored presence.

4 Nov 2026 3:56 pm
Anonymous British celebrity fears losing his son, keeps identity hidden amid sexual misconduct case, consulted nearly 10 medical professionals

A British figure known as 'PPT' is battling to maintain his anonymity amidst grave accusations. He contends that disclosing his identity could jeopardise his bond with his son and worsen his mental health struggles. His legal representatives state he has previously attempted suicide and has consulted more than ten medical professionals recently. While the judge permitted some privacy, he underscored the media's obligation to report on issues of public significance.

4 Nov 2026 3:40 pm
Pioneer Urban to invest Rs 3,500 crore in ultra-luxury Gurugram residences

Pioneer Urban Land & Infrastructure Ltd plans to invest Rs 3,500 crore in the Alura project in Gurugram. This project aims to offer approximately 250 ultra-luxury serviced residences with multiple configurations, including duplexes and penthouses. Designed by Skidmore, Owings & Merrill, the development promises expansive living spaces with high-end amenities and services. Each residence will benefit from well-being features, ensuring occupant health and comfort.

4 Nov 2026 3:28 pm
Bengaluru man invests Rs 70 lakh to open a cafe, faces unexpected problem; explains why some cafes charge so much

Bengaluru-based founder Vikramaditya Shukla shared how his school friends Rs 60-70 lakh cafe investment has run into an unexpected challenge. Customers ordering just one Rs 150 coffee occupy tables for hours, driving away potential visitors. His post sparked debate over cafe pricing, with users suggesting hourly charges, laptop restrictions and other ways to manage seating.

4 Nov 2026 3:17 pm
Railways logs record freight loading in Oct

New Delhi: Indian Railways achieved its highest-ever freight loading for October, transporting 145.07 million tonnes of freight during the month, compared to 133.93 million tonnes in the same period last year, marking a growth of 8.32 per cent, the ministry said on Wednesday.The ministry said that several major commodities registered encouraging growth during the month, with food grains loading increasing by 26.3 per cent, domestic coal by 16.0 per cent, Balance Other Goods by 11.0 per cent, cli

4 Nov 2026 3:10 pm
Indian battery component makers face up to 61% cost disadvantage against imports: Report

Indian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report indicates that high input costs hinder the growth of domestic manufacturing capabilities. Battery demand in India is expected to rise significantly by 2037, creating urgency for improvements in local production. The government is considering incentive options to support the industry and bridge the cost gap.

4 Nov 2026 2:54 pm
Cabinet approves 2,814-crore scheme to promote critical mineral processing

The Union Cabinet has approved a 2,814-crore capital expenditure support scheme to promote critical mineral processing and strengthen Indias critical mineral ecosystem. The scheme will be implemented over five years, from FY 2026-27 to FY 2030-31.

4 Nov 2026 2:53 pm
US midterm election results 2026: India sees some trade relief, new risks after US midterm vote

Indian officials are cautiously optimistic about the recent US midterm election results and their implications. While the election reduces trade tension, it introduces new uncertainties for US-India relations. Analysts suggest it is too early to gauge the long-term effects of these political changes. The potential for increased tariffs still looms due to ongoing investigations.

4 Nov 2026 2:41 pm
Farah Khan gets shocked as Karan Johar says her bedroom needs complete makeover. She renovates and her new bedroom has wooden floors, Hermes decor

Farah Khan has toured many celebrity residences with her chef and trusted assistant, Dilip, offering fans a view into the private areas of their beloved stars. In her home makeover project, she additionally encourages celebrities to suggest individuals whose residences might benefit from a redesign. As she sought a nomination from filmmaker and television host Karan Johar, he replied with his signature dry humour and sarcasm.

4 Nov 2026 2:28 pm
MRPL boosts delivered oil buying as Iran war raises shipping risks

Mangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping risks related to the ongoing Iran war. The company is also looking to diversify its crude sourcing to maintain full refinery capacity. CFO Devendra Kumar expressed hope for annual supply deals with Middle Eastern oil producers. Additionally, MRPL's fuel exports may decline as local consumption is projected to rise.

4 Nov 2026 2:27 pm
Sugar prices jump Rs 4/kg in a month, rise Rs 12-13 over year despite supply steps

Sugar prices in India have risen significantly over the past month in both retail and wholesale markets. Retail prices have now reached Rs 59.50 per kg while wholesale prices stand at Rs 55.40 per kg. Kolkata has the highest retail price at Rs 65 per kg followed closely by Delhi at Rs 64. The government is implementing measures to manage supply, including stock limits and imports. India produced 8.

4 Nov 2026 2:25 pm
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystem

OneStack, a fintech provider, secured 12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help expand services among cooperative banks and NBFCs while developing compliance offerings. Partner banks can now act as UPI issuers and acquirers, which improves revenue opportunities. This shift allows banks to maintain direct relationships with customers and merchants while managing transaction data.

4 Nov 2026 2:24 pm
India's natural diamond industry eyes revenue stabilisation at $15 billion, not recovery

An analysis indicates India's natural diamond industry's revenues are projected to stabilize rather than rebound. Domestic demand is expected to cushion export weaknesses, particularly from the US and China. Lab-grown diamonds are reshaping the entry-level segment, affecting market dynamics and pricing. While profitability faces pressure, supply discipline is helping maintain stability in credit profiles. Overall, improved inventory and consumption trends could support a more robust industry out

4 Nov 2026 2:22 pm
Indian airlines seek to boost domestic MRO capabilities as aircraft fleets expand

Indian airlines are focusing on building in-house capabilities for maintenance and repair as the aircraft fleet grows. Air India plans to establish an MRO facility in Bengaluru by 2027, while IndiGo emphasizes the need for self-reliance. Akasa Air's maintenance facility at Noida airport is expected to be operational by 2028. The commercial aircraft fleet in India, currently around 800, is predicted to double in coming years as air traffic increases.

4 Nov 2026 2:16 pm
Renewable energy key to India's energy security, German envoy Jasper Wieck says

Germany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambassador Jasper Wieck highlighted the necessity for India to domestically produce solar panels and batteries. The Bharat Renewable Energy Summit is instrumental in establishing partnerships between Indian and German firms for local production.

4 Nov 2026 2:14 pm
L&T Finance Pitch Point 2.0: Where an AI startups big idea meets enterprise scale

Pitch Point, L&T Finances contest for AI startups, is back for a second edition. Last years winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this years new applicants.

4 Nov 2026 1:45 pm
'Frustrated, jobless actor and directors: 'Arjun Reddy' maker Sandeep Reddy Vanga after Andhra school chainsaw attack sparks film violence debate

Sandeep Reddy Vanga hit back at critics linking film violence to the Andhra Pradesh chainsaw attack on a 15-year-old schoolgirl. Calling some actors, directors and producers failed, frustrated, jobless, he accused them of using the tragedy to settle personal scores. Meanwhile, the accused underwent an emergency amputation after being shot by police.

4 Nov 2026 1:41 pm
Meesaya Murukku 2 to I'm Game to Anakapalli: Watch these latest Tamil, Malayalam, Telugu and Kannada OTT releases on Netflix, JioHotstar, Prime Video and more

This week offers a vibrant lineup of South Indian films and shows on OTT platforms, perfect for all viewing preferences. The list includes Dulquer Salmaan's I'm Game and Tamil musical Meesaya Murukku 2 on November 6. Additionally, the Telugu crime drama Anakapalli has made its way to digital streaming, with romantic dramas and a star-studded cooking show. Read on!

4 Nov 2026 1:37 pm
Will Republicans learn from this defeat?

A healthy Republican Party would respond to this historic midterm-election repudiation of President Donald Trump with contrition and honest introspection. Its leaders would plot a fresh path forward and shed the elements of a White House agenda that drove American voters to hand control of the House of Representatives and US Senate to a Democratic Party they dont even approve of all that much.Reduced to a rump in Congress and its governing coalition gutted to the bone just in time for 2028 tha

4 Nov 2026 1:28 pm