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Aluminium: Supports can limit the downside. Go long now

Support at ₹234-₹233 can halt the fall and keep the broader uptrend intact




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L&T bags 'ultra mega' order from NTPC to set up thermal power plants in MP, Bihar

The work involves design, engineering, manufacturing, supply, erection and commissioning of boilers, turbines, electrostatic precipitators, auxiliaries, along with the related mechanical, electrical, instrumentation and civil works




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Social Alpha launches programme to support 10 agri start-ups 

Social Alpha to support innovations in precision farming, soil and water management, farm mechanization, post-harvest management, and animal husbandry They need to address critical challenges smallholder farmers face




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Pfizer ramps up Indian R&D and manufacturing, says Meenakshi Nevatia, MD

Pfizer is shifting its oncology and chemotherapy product lines from Australia to Gujarat and aims to increase the share of local products in the Indian market.




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The hidden cost of your daily roti: The wheat price crisis | Trending Commodity Picks | Ep 19




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Outlook 2025: Expect more tech adoption, strategic partnerships, says Nasscom Chairperson

Weighing-in on global debate on whether AI will lead to major layoffs, she said Artificial Intelligence needs to be seen as an enabler that can help amplify skills and boost productivity




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COP29: Pay up or face climate-led disaster for humanity, warns UN chief

Nearly 200 nations have gathered at the annual U.N. climate summit in Baku, focused this year on raising hundreds of billions of dollars to fund a global transition to cleaner energy sources and limit the climate damage caused by carbon emissions




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₹1,800 crore plan to connect Ahmedabad airport with metro services sent for Centre’s approval

A final proposal has been sent to the Union Ministry of Housing and Urban Affairs and a sanction is pending: GMRC official




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Urban gardening company Ugaoo raises ₹47 crores in Series A funding led by V3 Ventures

The company plans to use the funds to expand its regional presence across the top 10 Indian cities and open 80 retail stores by FY 2030




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COP 29: Gujarat Delegation led by Minister of Finance, Energy and Petrochemicals




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360 ONE Wealth launches Wealth Index

The 360 ONE Wealth Index, launched in collaboration with Crisil, reveals that ESG investing is gaining momentum




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India’s IT spending set to hit $160 billion by 2025, fuelled by software and GenAI investments

Alongside, software spending in India is projected to record the highest annual growth rate, increasing by 17 per cent% in 2025




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Subdued blenders demand hit tea prices in Coonoor auctions

The sales percentage in leaf was only 47 per cent out of the offered quantity of 25,83,350 kg, while in dust, it was 53 per cent out of the offered quantity of 6,14,625 kg




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Asset-light approach: EV start-ups turn to micro-factories to cut costs, enhance flexibility

Micro-factories are closer to the market, require less capital investment, and are faster to set up




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Zydus Lifesciences reports 13.7 per cent rise in Q2 net

The revenues rose 20 per cent to ₹5,237 crore for the period




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Retail inflation surges to 14-month high of 6.21% in October

Industrial growth based on the Index of Industrial Production improved to 3.1 per cent in September as against (-) 0.1 per cent in August




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EEPC sees big opportunities from Ukraine reconstruction 

Asked if the Council had started preparing for the Ukraine opportunities, Gadoria said that there had been some discussions around that




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Host nation Azerbaijan hits out at West in defence of oil and gas industry

Comments come on the second day of summit at which close to 200 nations are meeting to discuss how they can cut fossil fuel emissions




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India’s path to a $70-billion gaming industry: GDAI President

Sridhar Muppidi, President of the Game Developers Association of India discusses gaming industry landscape, its potential, and challenges




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Natco Pharma’s Q2 net up 83 per cent at ₹676 crore

The total revenue of the Hyderabad-based company grew 35 per cent at ₹1,435 crore in the quarter under review




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GSK@100: Reinvention, resilience critical to journey, says MD

The company is listed in India for over six decades, has brands that are as old as the country




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Sensex, Nifty slump 1 pc amid unabated foreign fund outflows, weak global trends




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IBM unveils Gen-AI Innovation centre at Kochi Infopark 

The new centre can accommodate 5,000 workers




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New flights to Uzbekistan, Vietnam on cards as govt revises air service agreement

This move follows a revision in air services agreement between India and the two countries at an International Civil Aviation Organisation gathering in Malaysia last month




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JSW Defence, Shield AI in defence collaboration

This effort will enable large-scale production of V-BATs in India to serve the needs of the Indian Armed Forces and also function as a global production hub for Shield AI




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AI-Vistara merger: Air India’s international footprint to expand beyond 40 destinations

Accordingly, the merger will strengthen the airline’s presence on critical long-haul routes and open new destinations like Bali and Mauritius




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Healthy snacks growing at 1.2 times faster than traditional snacks: NielsenIQ

NielsenIQ said that 63% of surveyed consumers seek innovative and healthy snacking options, while 50% read ingredient labels to understand nutritional value




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Weekly Rupee view: Rupee take a hit as Trump’s victory boosts dollar

Support at 84.50 can limit the downside for now




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India to be among top 4 markets for Siemens globally in 3 years

Expects growth to be driven by the company’s infrastructure vertical




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Public sector banks’ net profit surged 26% in April-Sept period

Public sector banks in India see 26% growth in net profit, reflecting financial health and technological advancements



  • Money & Banking

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Excess rains spurs use of more herbicides this kharif cropping season

Agrochemical makers have seen sales of herbicides going up this kharif season, even though the offtake in other categories such as insecticides and fungicides were muted




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GlobalLogic to hire 1400 in 3 years

Opens delivery centre in Hyderabad




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Air quality during Diwali worse in North India compared to South India

Delhi’s average AQI rose from 295 (Oct 24-Oct 30) to 353 (Oct 31-Nov 6), Jaipur went from 196 to 243, and Patna jumped from 126 to 232




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Hyundai profits slip in Q2 & H1 on weak domestic demand, geopolitical tensions

Net profit skids 15.5 per cent to ₹1,375.5 crore in the September quarter; domestic sales drop 5.8% to 149,639 units in the quarter under review




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Surge in AI-based attacks a concern: Sophos report

‘Only 39 per cent of companies in the country feel prepared to withstand a prolonged ransomware attack’




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Cox & Kings to return to biz, five years after insolvency 

Cox & Kings, which was among the largest players in tours and meeting and incentive segment, suspended operations following a cash crunch in October 2019.




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Samara Capital scouts for ₹1,500-crore investment opportunity

The private equity company has closed three deals in the last few months




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Finance Commission Conclave to map effective devolution of fiscal powers to local bodies

Organised by Panchayati Raj Ministry, the Conclave attempts to bring together key stakeholders like the Central & State Finance Commission for the development of ‘grameen bharat’




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Govt working to improve R&D in drone sector for Indian IP creation: Rajnath Singh

The Centre is committed to creating an ‘Adaptive Defence’ in the country to counter challenges posed by the fast-changing world, says Defence Minister




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Jefferies cuts FY25 earnings estimates for 63% of 121 firms

Jefferies projects Nifty 50 companies’ earnings will grow by only 10 per cent in FY25




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Hindustan Coca-Cola Beverages net profit soars in FY24, revenues up 10 per cent

As part of this strategy, it divested company-owned bottling operations to independent bottlers in Rajasthan, Bihar, parts of West Bengal and North East during FY24




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‘Slowdown in earnings growth pulling down markets’

Fundamentals of economy still remains strong: Mukherjea




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Swiggy’s IPO to deliver ₹9,000 crore in employee wealth for 5,000 employees

Nearly 5,000 current and former employees are set to benefit, with around 500 Swiggy employees to enter the ‘crore-pati’ club when the firm makes its stock market debut, according to sources




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Nykaa reports strong Q2 numbers on all-round demand

Its same-day and next-day deliveries are now available in over 110 cities, and the company is strengthening that quick delivery proposition




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CuraTeQ Biologics’ Hydrogen plant gets GMP certificate from EMA

The GMP inspection, conducted by EMA representatives from April 8-12, 2024, assessed mammalian and microbial drug substance manufacturing facility sections




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HCLTech appoints Arjun A Sethi as Chief Growth Officer for strategic segments

Sethi’s international experience spans the Americas, Middle East, and APAC across government and PE, and financial services




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Maize research body seeks funding to undertake research on managing aflatoxin in DDGS

IIMR says various technologies can be used to reduce the aflatoxin




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Jai Balaji Industries’ net profit down 24%, shares to split 1:5

The Board approved splitting of each equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each




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Pocket




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Shocker to economy: Costlier veggies drive Oct inflation to 14-month high

 Base effect to blame too; vegetable inflation to ease on kharif arrivals