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    Andhra Pradesh inks 9 MoUs for Rs 4,100 crore space-defence push

    At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed nine MoUs covering rocket engines and test beds, satellites, missiles, explosives, aerospace manufacturing, flight training and heliports. Eight of them propose investments totalling Rs 4,100 crore and 6,865 direct jobs on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year strategic partnership with Pawan Hans to develop and operate heliports across the State.

    Harshal Patel set to join Gujarat Titans in Rs 4 crore trade from SRH

    Sunrisers Hyderabad will trade seam bowler Harshal Patel to Gujarat Titans for Rs 4 crore. Harshal, a two-time IPL Purple Cap winner, had a successful period with Royal Challengers Bengaluru and Punjab Kings. After a productive first season with SRH, he faced reduced opportunities in the next season. This trade aligns with the upcoming retention deadline and ongoing player transfers before the auction.

    Chinese student chooses unusual career with Rs 1.4 lakh starting salary, sparks buzz

    A fourth-year university student in China is pursuing farriering, a specialised profession involving the trimming of horses' hooves and fitting of horseshoes. With only 70 certified practitioners in the country, the field offers a rare career path. Experienced farriers can earn up to 50,000 yuan (about Rs 7 lakh) a month, while his teacher expects him to earn more than 10,000 yuan (about Rs 1.4 lakh) after graduation.

    Vi seeks DoT nod to retain expiring 4G spectrum

    Vodafone Idea has approached the Department of Telecommunications to secure the renewal of its expiring 4G spectrum. The company is seeking to maintain service continuity as significant portions of its spectrum are due for renewal. Valued discussions are ongoing regarding a financing package with lenders to support network investments. As of now, Vodafone Idea's subscriber base includes 194.4 million individuals with a substantial number using 4G services.

    Tata Motors warns of sustained commodity cost pressures in Q3, expects margin relief in Q4 through price hikes and cost cuts

    Tata Motors Passenger Vehicles anticipates strong sales volumes despite ongoing challenges like rising costs. The company reported a significant net loss due to exceptional charges and increasing commodity expenses. Semiconductor availability continues to be a concern, even as Tata Motors manages to secure required components. Jaguar Land Rover's performance remains crucial but faces uncertainty in the Chinese market. Management aims for improved profitability measures in the coming quarters.

    India’s passenger vehicle sales grow 12.4% to record 5.19 lakh units in October: SIAM

    In October 2026, the domestic vehicle market witnessed unprecedented growth, with passenger vehicle sales hitting 5,19,060 units, a record-breaking achievement. The two-wheeler segment also thrived, posting a year-on-year increase of 16.1%, while three-wheelers saw a notable 25.7% rise in sales. This strong demand highlights a shift in consumer preferences towards electrification and improved access to credit, indicating a promising outlook for the automotive landscape.

    The Economic Times
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