b

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




b

On Boeing 737’s ‘defective’ rudder system | Explained

Why are certain variants of the Boeing 737 under the scanner? What did the investigation of the United States National Transportation Safety Board into the aircraft find? What is the function of a rudder rollout guidance actuator?




b

Ashok Leyland arm bags 500 e-buses order from Chennai MTC

Ashok Leyland’s subsidiaries Switch Mobility will supply the buses while OHM will operate and maintain them.




b

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




b

Godrej Properties emerges as the highest bidder for luxury housing plot in Gurugram 

The housing plot, measuring 7.5 acres is located in the Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations




b

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. 




b

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




b

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




b

ICICI Bank Q2 profit rises 14.5% to ₹11,746 crore




b

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.




b

Air India tweaks policy; ultra long haul flights’ cabin crew to get single rooms during layovers

However, cabin crew members of ultra-long haul flights will get single rooms during layovers as well as during unscheduled layovers in the event of a flight diversion, as per the internal communication




b

What is the flight protocol for a bomb threat?

What has been the loss incurred by Indian aviation due to frequent security threats over the past few weeks? What are the Standards and Recommended Practices to tackle such situations? Who sets up and monitors aviation guidelines? Can existing laws be tweaked to hand out more stringent punishment to offenders?




b

Raymond chairman Gautam Singhania blasts Lamborghini for not responding to customer complaints

Mr. Singhania had earlier tweeted on X about his Lamborghini Revuelto getting stranded at Mumbai's trans-harbour link due to a complete electrical failure




b

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.




b

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




b

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




b

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




b

Nara Lokesh meets Amazon Web Services MD Rachel Skaff and Indra Nooyi, among others, in Las Vegas

Nara Lokesh seeks investments from Amazon Web Services and Salesforce for AI and technology development in Andhra Pradesh




b

Dabur Q2 profit down 17.6% to ₹417.5 cr impacted by inflation, squeeze in urban demand

The company had posted a net profit of ₹507.04 crore in the July-September quarter a year ago, Dabur India said in a regulatory filing




b

Sensex, Nifty decline in early trade on unabated foreign fund outflows, selling in IT stocks

The Sensex and Nifty fall due to IT stocks and foreign fund outflows; Larsen & Toubro gains, U.S. markets close negative




b

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




b

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




b

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

The company exported 8,688 motorcycles during the month




b

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




b

NTPC, ONGC green arms form 50:50 JV for renewable energy play

“The JVC will also seek opportunities to acquire renewable energy assets and will also consider participation in upcoming offshore wind tenders in Tamil Nadu and Gujrat,” a statement said 




b

Maruti opens bookings for fourth generation Dzire

“By combining advanced powertrain options with thoughtfully curated features, the All-New Dzire is poised to deliver an exceptional experience,” an official said




b

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




b

SEBI directs Embassy Office Parks to suspend CEO

Embassy REIT is India's first publicly listed Real Estate Investment Trust




b

Noel Tata appointed to Tata Sons board 

The move follows Noel Tata's appointment last month as the chairman of the powerful and influential philanthropic arm of the Tata group, called Tata Trusts




b

Boeing factory strike ends as workers vote to accept contract

Boeing factory workers end strike with contract approval, securing wage increase and resuming production




b

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




b

Automobile retail sales witness 64% growth in October: FADA

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




b

Royal Brunei Airlines begins direct flights to Chennai

Chennai will be the carrier’s sole destination in India




b

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).




b

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




b

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe

Amazon and Flipkart have for years faced allegations from Indian brick-and-mortar retailers that they violate foreign investment rules by working with select preferred sellers




b

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




b

SBI Q2 net profit jumps 23% to ₹19,782 cr

The consolidated net profit for the corresponding period last year stood at ₹16,099 crore.




b

Ratan Tata’s absence deeply felt across the world, writes PM Narendra Modi

He wore his achievements lightly, with humility and kindness.




b

Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement

Assuming full acceptance of open offer, the stake of Ambuja Cements will stand at 72.8%, said a notice filed with the CCI on Friday




b

Amul to enter Europe by end of this month: MD

The company will launch the products in Spain first and then look at expanding to other countries in Europe




b

Travel brand Cox & Kings returns under the ownership of PE firm Wilson & Hughes Pte

Acquired through its Indian subsidiary, Wilson & Hughes PTE, has exclusively acquired the brand Cox & Kings along with over 200 plus specialised sub-brands that were part of its portfolio.




b

Lots of learnings from BharatNet’s first two phases: Telecom Minister

As significant contracts from the BharatNet broadband coverage programme’s third phase have been announced, Communications Minister Jyotiraditya Scindia said that the government was learning from the gaps in the first two phases.




b

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.




b

Natco Pharma Q2 net surges 83% to ₹677 crore on robust growth in formulation exports

Natco Pharma said that the company has shown continued strong growth during the second quarter driven by exports formulation business and stable domestic pharma business




b

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.




b

Aurobindo arm CuraTeQ Biologics gets GMP certificate from EMA 

The GMP inspection, conducted by EMA representatives, assessed mammalian and microbial drug substance manufacturing facility sections, prefilled syringes and vials filling, packaging and QC testing and release laboratories.




b

Check backdoor appointments to govt. vacancies: Chennithala




b

Centre greenlights ₹177-crore Muthalapozhi harbour development

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




b

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.