al

CK Birla Group to sell Orient Cement to Adani Group at ₹8100 crore equity value

The transaction is subject to regulatory approvals, including approval by Competition Commission of India and mandatory open offer under the relevant SEBI regulations




al

CCI publishes detailed order approving merger of RIL, Walt Disney's media assets

As part of seeking the regulator’s approval, the parties have voluntarily agreed that they will not bundle TV ad slots for IPL, ICC and BCCI cricketing rights till the end of existing rights




al

Zydus Lifesciences gets WHO prequalification for Typhoid Vi conjugate vaccine

Zydus Lifesciences’ ZyVac TCV receives WHO prequalification, eligible for U.N. procurement, combating typhoid fever in high-risk regions




al

Piaggio makes special Diwali offer for Aprilia RS457 sports bike at ₹4.17 lakh 

The RS457 sports bike will be available at a special ex-showroom price.




al

Are industrial strikes bad for business? Data from Tamil Nadu says otherwise

In most industrialised States, strikes are fairly common, while the number of factories continues to remain high and keeps growing




al

Cabinet approves ₹1,000-crore venture capital fund for space tech firms

The fund will be professionally run and will select approximately 40 firms on the basis of commercialization potential, Union Minister Ashwini Vaishnaw said




al

HAL appoints Barenya Senapati as Director Finance

Barenya Senapati joined HAL in 1995 and has experience of 29 years in varied roles at Divisional level and at Corporate Finance. 




al

L&T bags 'significant' order for global nuclear fusion project

The company classifies a 'significant order' as orders valued between ₹1,000 crore and ₹2,500 crore




al

Reliance to move Dubai crude team back to India in global trade rejig: Report

The relocation of its crude trading team by the end of this year comes after the private refiner secured long-term oil supplies from Russia, reducing the need to buy spot cargoes




al

JSW Steel Q2 net profit falls more than 85% to ₹404 crore; output grows 7% to 6.77 MT

“The total income decreased to ₹39,837 crore in the second quarter of the current fiscal as against ₹44,821 crore a year ago,” JSW Steel said in a regulatory filing




al

Yes Bank standalone net profit doubles to ₹553 crore in Q2FY25

During the quarter, CRISIL and Care upgraded the bank’s Basel III Tier 2 infrastructure bonds rating to A+ from A, the company said in its statement.




al

Bvlgari starts digital boutique in India in tie up with Tata CLiQ Luxury

The digital boutique will also house Bvlgari time-pieces including the Serpenti, the Octo Finissimo collection, as well as the Octo Roma.




al

Ambuja Cements Q2 net profit falls 42% to ₹456 crore

The company’s revenue from operations for the quarter ending September 30, 2024 grew marginally to ₹7,516 crore as compared with ₹7,424 crore in the same period last year




al

IOC Q2 net profit slumps 98% on fall in refining, fuel margin

IOC and other state-owned fuel retailers — HPCL and BPCL — had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost.




al

India’s IT services market grew 6.1% in 2023, reaching a size of $14.5 bn: International Data Corporation

While IT investments showed a slower recovery compared to the previous year, digital transformation (DX) initiatives and IT environments would continue to drive market growth




al

IT Minister Nara Lokesh calls on Microsoft CEO Satya Nadella, other tech CEOs in U.S.

IT Minister Nara Lokesh, during his interactions with tech CEOs in the U.S., projected the State Government’s vision of Andhra Pradesh becoming a technology hub




al

Maruti Suzuki Q2 net profit falls 17% to ₹3,069 crore

Maruti Suzuki India Ltd. reports 17% drop in net profit due to tax changes, plans amalgamation with subsidiary




al

Sensex, Nifty rise on buying in bank stocks, positive global cues

Equity indices Sensex and Nifty rise on fag-end buying, global market trends, and institutional investors’ support




al

Oil firms hike commission paid to dealers, no rise in fuel prices

Petrol and diesel prices will come down in States such as Odisha, Chhattisgarh, and Himachal Pradesh due to a rationalisation of intra-state freight. Oil Minister Hardeep Singh Puri welcomes move.




al

U.S. faces shortage of IV fluids, India alerts domestic firms to chip in 

The drug exporters body of India has asked Indian drug makers who have approvalsz, to express their willingness to supply to the U.S., where Hurricane Helene has caused damage to a manufacturing facility




al

Sugar sector demands hike in sale price and ethanol prices

The Minimum Sale Price (MSP) of sugar should be increased to ₹39.14 a kg for the sugar season 2024-2025 from ₹31 a kg that was fixed in 2019




al

HDFC Bank unit HDB Financial Services files with SEBI for ₹12,500 crore IPO

The Public Offer Includes a reservation of Equity Shares for subscription by Eligible Employees and a reservation Equity Shares of Face Value of ₹10 each for subscription by eligible HDFC Bank shareholders




al

Mahindra October auto sales up 20% YoY to 96,648 units; SUV sales up 25%

Including exports, the total SUV sales were 55,571 units. The domestic sales for Commercial Vehicles stood at 28812 units




al

Royal Enfield October sales up 31% to 1,10,574 units

The company exported 8,688 motorcycles during the month




al

High-value debt listed entities: SEBI proposes doubling threshold to ₹1,000 crore

Further, SEBI has proposed tweaking framework for ESG Rating Providers, particularly for those using a subscriber-pays model




al

Lower sales realisation hit margins of cement makers in Q2

Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry




al

India becoming part of global drug development operation of BMS: Samit Hirawat 

Samit Hirawat discussed India’s growing significance as a site for clinical trials, innovations in drug development, and how technology is poised to help bring new products to market faster




al

L&T, E2E Network form alliance for deployment of Gen AI solutions in India

“The partnership is a significant step towards adoption of GenAI solutions in India to foster a fundamental shift in the way Accelerated Computing on Cloud is used by Indian organisations,” the companies said




al

Southwest Airlines names IndiGo co-founder Rakesh Gangwal as Chairman

On November 4, Southwest announced the appointment of Mr. Gangwal as the independent Chair of the Board of Directors and also named new Board Committee Chairs.




al

Solar cell manufacturing to outstrip global demand by 2024: report

The sector experienced huge growth in 2023 with solar cell, wafers and modules capacity nearly doubling in comparison with the previous year, says World Solar Market Report 2024




al

Automobile retail sales witness 64% growth in October: FADA

The convergence of major festivals (Navratri & Diwali) in October significantly boosted consumer demand, FADA said.




al

Royal Brunei Airlines begins direct flights to Chennai

Chennai will be the carrier’s sole destination in India




al

Macrotech Developers to acquire Bain Capital’s stake in three digital infra platform entities for ₹307 crore 

The entities include Bellissimo Digital Infrastructure Development Management Pvt. Ltd., Palava Induslogic 4 Pvt. Ltd., and Bellissimo In City FC Mumbai 1 Pvt. Ltd., facilitated through Securities Purchase Agreements (SPAs).




al

TCS signs multi year deal with Air France-KLM to modernise the airline group’s data

Over the next three years, TCS will modernise the airline group’s data by moving it to cloud, promoting the next generation of data-driven aviation. 




al

Israel signs deal to acquire 25 F-15 fighter jets from Boeing Co

Delivery of the F-15 aircraft will begin in 2031, with 4-6 aircraft to be supplied annually




al

Fintech Progcap to digitise supply chains of MSMEs to make them part of formal economy




al

In a win for Elon Musk, Scindia says no to spectrum auction pitch from Ambani, Mittal

Elon Musk's Starlink and global peers like Amazon's Project Kuiper back an administrative allocation of spectrum for satellite broadband




al

Tea industry calls for scientific quality grading of tea

During the 141 th AGM of Indian Tea Association, the stakeholders of tea industry highlighted the challenges faced by the industry which included the “unsustainable increase in costs” amidst “unremunerative prices” with “adverse weather conditions across Assam and Bengal” further aggravating the situation. 




al

Singapore Airlines to invest additional ₹3,195 crore in Air India post-Vistara merger

Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49% shareholding




al

Maruti Suzuki introduces All New Dzire at ₹6.79 lakh

So far over 27 lakh Dzire cars had been sold in India since its introduction in 2008. 




al

LTTS to acquire California firm Intelliswift for an aggregate consideration of $110 million

As per the filing, Intelliswift services four of the top five hyperscalers and caters to over 25 Fortune 500 companies including five of the top 10 ER&D spenders in Software and Technology




al

Industrial output returns to positive trajectory in September

The Index of Industrial Production inched up 0.7% from August levels to touch 146.7, but this was still the second weakest output level since December 2023.




al

BCCI tells NCLT that it will move application for withdrawal of insolvency plea against Byju’s

Last month, Supreme Court had set aside a judgement of the National Company Law Appellate Tribunal (NCLAT) allowing a ₹158 crore settlement between ed-tech firm Byju’s with the BCCI.




al

Check backdoor appointments to govt. vacancies: Chennithala




al

Centre for Development Studies: Looking to the future, evolving strategies to meet present-day challenges

CDS is evolving strategies for research and financial self-sufficiency while maintaining original mandate, exploring new programmes and training opportunities.




al

Centre greenlights ₹177-crore Muthalapozhi harbour development

Six villages chosen for climate resilient scheme, and five fishing harbours in line for modernisation project




al

Digital University Kerala presents report on digital transformation study of judicial systems to Kerala High Court

DUK Vice-Chancellor emphasises the report’s focus on harnessing cutting-edge technology to streamline the judicial process, reduce case pendency and optimise case management workflows.




al

Kerala vlogger couple found dead at home in Parassala

The Youtube couple was found dead by their son, who works as a home nursing trainee in Ernakulam.




al

Two held for sexually harassing woman




al

Palakkad Assembly by-poll: CPI(M)-BJP move to exploit ‘dissension’ in Congress over Mamkootathil’s candidature

The parties spotlight a letter ostensibly written by the District Congress Committee to the party’s national leadership requesting K. Muraleedharan’s candidature in Palakkad. Mr. Muraleedharan later confirms that his name was on the DCC list.