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Indian Navy conducts fifth edition of pan-India coastal defence exercise 'Sea Vigil-26'
The Indian Navy is set to execute the fifth iteration of the Coastal Defence Exercise 'Sea Vigil-26' this month. This crucial exercise aims to assess the effectiveness of coastal security measures while pinpointing weaknesses in the current defence systems. It brings together personnel from various maritime agencies to evaluate readiness along the coast. Later, a tactical simulation will mirror possible security attacks, reinforcing India's maritime security against emerging threats.
Zydus Lifesciences completes 50:50 JV transaction with Sunshine Healthcare Lanka
In a significant strategic move, Zydus Lifesciences Ltd has secured a 50 percent interest in Zydus Sunshine Lifesciences Pvt Ltd, forging a joint venture with Sunshine Healthcare Lanka Limited. This partnership was concluded on November 11, 2026, following a timeline extension that pushed the original closing date from June 26, 2026, to December 2026.
Humble bhujia becomes a recipe for billions of dollars in India's market
A packet of bhujia has come a long way from Bikaner. What began as a family-run namkeen shop in 1937 is now a national snack empire, backed by global investors and preparing for a possible stock market debut. As Haldiram eyes Dalal Street, India's humble sev, bhujia and namkeen are finding a place on the global investment menu. Turns out, there's serious business behind that crunch.
MFs cut stakes in 79 companies for four straight quarters
Mutual funds in India have continued supporting domestic equities despite market volatility and foreign selling. They decreased stakes in 79 companies for four consecutive quarters until September 2026. While domestic investments by mutual funds totaled ₹4.6 lakh crore, foreign portfolio investors sold about $26 billion in equities. Notable companies with reduced mutual fund stakes include Shivalik Bimetal Controls and TeamLease Services, among others.
India's net direct tax mopup rises 11.76%
India's net direct tax collections have risen 11.76% year-on-year to ₹14.42 lakh crore as of November 10. This growth is largely due to increased corporate tax receipts and a significant rise in securities transaction tax collections. Refunds have also increased by 26% year-on-year, amounting to ₹3.08 lakh crore in total. The government has achieved 53.5% of its direct tax target for FY27 so far.
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CoreWeave shares surge over 26% on strong earnings, debt retreat; spark rally in battered AI cloud stocks
CoreWeave's shares experienced a significant increase of over 26% due to strong revenue growth. The company's recent earnings alleviated concerns about a potential artificial intelligence bubble and heavy borrowing. Following these results, shares of Nvidia and other neocloud companies also rose notably. Investors are reassured as CoreWeave plans to avoid unsecured debt markets in the near future. This market movement highlights optimism regarding the future of AI infrastructure investments.
Indian Navy to conduct fifth Sea Vigil exercise from November 11, covering entire coastline and EEZ
The Indian Navy has launched the Sea Vigil-26 exercise to assess India's coastal defense preparedness. Scheduled from November 11 to 19, this exercise will cover the entire coastline and Exclusive Economic Zone. It involves multiple agencies, including the Coast Guard and local communities, to enhance maritime security. This exercise is crucial for identifying gaps and improving coordination among various security forces.
Swachh Survekshan 2025-26: Navi Mumbai bags cleanest city tag under 'Swachh Sahar League' category; Rewa, Rudrapur top special categories
Navi Mumbai has ranked as the cleanest city in the country in the annual cleanliness survey. This recognition is part of the government's evaluation of urban cleanliness and sanitation. The Swachh Sahar League category promotes better waste management and sanitation practices among local bodies. Surat and Vijayawada followed closely in the rankings in terms of cleanliness.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in October
New business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according to data released by the Life Insurance Council.
NSE shares rise 2%, recover 20% from record low in less than a month. Why Motilal Oswal sees 19% upside
NSE shares hit a record high of Rs 1,965, recovering 20% from their recent low. Motilal Oswal initiated coverage with a Buy rating and a target price of Rs 2,300, citing structural growth opportunities, market leadership and improving earnings prospects.
Who is Renu Desai? Pawan Kalyan’s ex-wife returns to Tamil cinema after 26 years with Dhanush’s Om Chapter 1
Renu Desai is making a triumphant return to Tamil cinema after 26 years, landing a role in Dhanush's much-anticipated film Om: Chapter 1- Udhiram: The Blood Wood, set for release soon. Dhanush has adjusted the release schedule to avoid a clash with another major film. The project boasts a diverse cast from multiple industries, but details about Renu's character are still under wraps, generating buzz among fans.
Anthropic targets valuation of about $1 trillion in IPO
Anthropic has entered into agreements with partners AMD, Broadcom, Google, Micron, Microsoft, Nvidia, and TSMC, who will purchase $26.0 billion of its Class N common stock in a private placement.
Congress leader Rahul Gandhi likely to visit Imphal on November 26
Rahul Gandhi is expected to visit Imphal on November 26 to meet internally displaced persons and assess the situation. He aims to understand the ongoing violence and insecurity that have affected the state. Recent ethnic clashes have resulted in significant casualties and a large number of displaced individuals. This trip follows a prior visit to relief camps in Manipur earlier this year.
Indian-origin woman shot dead at London home, man charged
A 31-year-old man has appeared in court charged with the murder of 26-year-old Navneet Kaur. Navneet was found with gunshot wounds at a west London residence following a welfare check conducted by police. The man, Rajat Jaswel, was arrested shortly after the incident occurred last week. Authorities are seeking further information from the public to assist in their investigation.
Walmart Thanksgiving meal deal feeds 10 people with 26 items: What's inside, how much it costs and how to get free delivery
Walmart Thanksgiving meal deal: Walmart is bringing back its $35 Holiday Meal Basket for 2026, with 26 items designed to serve 10 people. The selection includes a Butterball turkey, stuffing, holiday sides and pumpkin pie ingredients. Shoppers can order online or in stores, with free Express Delivery available through November 30 using a promotional code.
Congress donations fall nearly 75%, sharpest decline in a decade
In the fiscal year 2025-26, the Congress party's donations exceeding Rs 20,000 fell drastically, with a staggering 75% decrease to Rs 130.69 crore, compared to Rs 517.39 crore in the previous year. This drop follows two years of steady growth and is chiefly attributed to a decrease in funds from the Prudent Electoral Trust.
Netflix India's FY26 net up 6% at Rs 90 crore
Netflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primarily through subscriber growth. Expenditure also rose by 17%, impacting profit margins and performance. Meanwhile, Los Gatos Production Services India experienced a decline in net profit, indicating challenges in the content production sector.
Travomint parent SNVA Traveltech files updated draft papers with Sebi for public offering
SNVA Traveltech, parent of online travel platform Travomint, has filed updated IPO papers with SEBI for an entirely offer-for-sale issue of 12.75 crore shares. FY26 revenue rose 58.1%, while net profit jumped 73.7% year-on-year.
India's forex reserves fall $2.6 billion to $717 billion as of October 30
India's foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, extending a decline from their September peak. Experts attribute the drawdown partly to the deployment of FCNR(B) funds and RBI's dollar sales to support the rupee, while foreign currency and gold assets declined.
Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per liter
Union Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle will run entirely on 100% bioethanol and generate nearly 60% of its power through electricity while driving. Gadkari claims its effective running cost could be equivalent to just Rs 25-30 per litre of petrol, potentially offering significant savings to motorists.
Zydus Lifesciences Q2 net profit falls 26.6% to Rs 925.5 crore
Zydus Lifesciences reported a net profit of ₹925.5 crore for the September quarter, which declined by 26.6%. The company's revenue from operations increased by 29.2% to ₹7,909.6 crore during the same period. Total expenses rose significantly to ₹6,806.6 crore, impacting profitability. The pharmaceuticals business contributed 83% to overall sales, with revenue from India formulations at ₹1,884.4 crore. North America formulations reported revenue of ₹3,314.5 crore, highlighting strong global performance.
BSE Q2 Results: Net profit surges 45% YoY to Rs 809 crore; revenue jumps 34%
BSE on Wednesday reported a 44.9% year-on-year rise in consolidated net profit to Rs 809.15 crore for the second quarter of FY27 (Q2FY27), compared with Rs 558.43 crore in the corresponding period last year (Q2FY26).
ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens
However, its loss before tax widened to Rs 1,978 crore in FY26 from Rs 1,105 crore in the previous year, largely due to higher accounting expenses related to its convertible debt instruments, forex losses and employee stock ownership plans (ESOPs), cofounder and CFO Manohar Singh Charan told ET.
L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale
Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.
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