ANIL
UPI sees Diwali boom; AI cracks Captcha
Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
Instagram’s 90-minute video bet could soon take it into direct confrontation with YouTube
Instagram is testing videos of up to 90 minutes with select creators in the US and Brazil as it looks to expand beyond short-form content and compete with YouTube and OTT platforms for viewers and advertising budgets. The move could bring podcasts, comedy specials and episodic shows to the platform, with creators using Reels to attract viewers to longer videos. Instagram is also working on a TV version of Reels to tap into connected TV (CTV) audiences. No India launch timeline has been announced.
Adobe, Google expand AI partnership across creative tools
Adobe and Google have taken their partnership to the next level by integrating cutting-edge AI technology, aiming to revolutionize how users interact with creative tools. Through this collaboration, Adobe's offerings in products like Acrobat will feature enhanced PDF editing via conversational AI. Additionally, Photoshop is set to explore image editing solutions that allow nearly instantaneous modifications using text prompts, striving for innovative user experiences across both platforms.
Congress seeks Supreme Court-monitored probe into Ram temple donation theft case
The Congress has demanded a wider investigation into the alleged theft and misappropriation of donations at the Ram temple in Ayodhya, seeking Supreme Court supervision and public disclosure of all financial records. Citing alleged irregularities and complaints dating back to 2021, party leader Jairam Ramesh questioned the role of temple trust officials and argued that accountability should extend beyond the eight employees arrested in the case.
PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstock
The PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-term capital gains tax to 10% and reduce securities transaction tax (STT) rates in its pre-Budget recommendations for FY28.
BJP's Pradeep Bhandari revives Bofors row over Sonia Gandhi's memoir, questions Rajiv Gandhi-Quattrocchi links
Speaking to in Delhi, Bhandari said the release of the memoir had brought renewed attention to the Bofors scandal and questioned the alleged links between former Prime Minister Rajiv Gandhi, Sonia Gandhi and Italian businessman Ottavio Quattrocchi.
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Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%
PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital gains tax and reducing short-term capital gains tax rates. The chamber has also called for relaxed loan repayment norms and higher loan limits for MSMEs. They highlighted the economic significance of MSMEs in India's GDP and employment. Improved access to credit and equity support could enhance India's global manufacturing position.
Need for rules comes to fore as India corporate landscape clutters up with family feuds
India's corporate landscape is witnessing a surge in family disputes that threaten the very foundation of long-established businesses. Following the exit or passing of key patriarchs, internal discord often erupts, underscoring the critical requirement for legislative mechanisms that favour transparent succession planning.
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole
Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.
US detains Harry Boxer, close aide of Lawrence Bishnoi
Harry Boxer, identified as a key operative of the Lawrence Bishnoi gang, has been detained in California. He is linked to multiple criminal cases across various states in India and has gained notoriety for extortion. Boxer's involvement includes threats to Bollywood actors and connections to violent incidents. Indian authorities are preparing legal actions to secure his return from the United States.
Hanuman Ansh OTT release and platform confirmed: When and where to watch Neem Karoli Baba's highest-grossing biopic movie online
Hanuman Ansh is set to be available for streaming after a blockbuster theatrical run. The film, which is based on Neem Karoli Baba's teachings, has enjoyed huge success in theaters. After earning Rs 342.44 crore net in India, the movie became a notable box office achievement. According to reports, the OTT release was delayed due to the film's extended theatrical run.
Chennai wedding sparks buzz as three southern leaders share stage
A wedding reception in Chennai saw the attendance of Tamil Nadu Chief Minister C Joseph Vijay and YS Jagan Mohan Reddy. K T Rama Rao was also present, as the three leaders interacted during the event. Their differing political positions raised various speculations about potential collaborations in the future. Despite cordial relations among Jagan and KTR, alliances may be complicated due to existing political dynamics.
Vijay and Trisha make an appearance at wedding reception of Jagan Reddy’s relative’s daughter. Who is Shreya Reddy? A look at her education, career
Vijay and Trisha Krishnan have once more attracted attention with their joint appearance. The well-known Tamil cinema pair sparked conversations after their appearance at the wedding reception of Shreya, the daughter of YS Anil Reddy, a relative of Jagan Mohan Reddy, and Ujjwal Belani. The event occurred at Leela Palace in Chennai before the couple's wedding set for November 25.
Frontier Raas opens new store in Ahmedabad, Kangana Ranaut attends inauguration as Chief Guest
Indian ethnic and occasionwear brand Frontier Raas inaugurated its new store in Ahmedabad on November 1, 2026, marking another step in its retail expansion. Actor Kangana Ranaut attended the inauguration as the chief guest, alongside prominent business personalities, leading families and members of the city's fashion and cultural communities.
Wipro reappoints Angan Guha as head of Americas 2
The move comes after Suzanne Dann, the former CEO for Wipro’s Americas-2 Strategic Market Unit, stepped down in April to pursue opportunities outside Wipro, India’s fourth largest IT services company.
KTR, Jagan, Vijay share stage: three States, 81 Seats: the Southern political arithmetic
A recent wedding in Chennai brought together key political figures from Telangana, Andhra Pradesh, and Tamil Nadu. Leaders KT Rama Rao, Y. S. Jagan Mohan Reddy, and C. Joseph Vijay attended the event, sparking political discussions. Their meeting raises questions about potential collaborations among regional parties. While the gathering is social, it highlights ongoing political dynamics in southern India.
Delhi: Fire breaks out in Shahdara's Shanti Mohalla hours after major Karol Bagh Market blaze
A fire incident occurred in Shanti Mohalla, attributed to a short circuit among textile warehouses. Several fire service vehicles were dispatched, with no casualties reported in the area. Shortly after, another significant fire broke out in Karol Bagh, potentially due to overheating batteries in a shop. Firefighting efforts involved 27 fire tenders and numerous personnel due to narrow lanes and flammable materials.
TRAI rules out penalties on operators based on user tests
Launching the Network Anubhav platform, Lahoti said there would be "no penalty on the basis of user test alone." A penal action, he said, "has to follow certain standards before you conclude that it is a failure." Trai, he added, does not impose penalties but financial disincentives for not meeting specific regulatory requirements.
No IIT, no NIT: Mahesh Babu invests in Mumbai's PC and console gaming company. Who are co-founders Jeet Chandan and Vidhit Mehta?
Mahesh Babu has joined Mumbai-based Shortgun Games as a strategic investor. Founded by Jeet Chandan and Vidhit Mehta, the studio is developing Project Takedown, an action-adventure game set in a futuristic Mumbai. The founders studied at Jain International Residential School and Anil Surendra Modi School of Commerce, respectively, and target a 2028 release.
Did NASA astronaut Anil Menon vote in the US Midterm Elections 2026?
NASA astronaut Anil Menon casted his vote in the US Midterm Elections 2026 from the International Space Station. Menon explained how astronauts voted using an electronic voting system in a video posted on X. All three US crew members voted using electronic ballots which they sent securely to the election officials. All of these ballots were sent securely to the election officials in Harris County, Texas.
NASA astronaut Anil Menon, others vote from space
Three NASA astronauts, including Anil Menon, participated in the US midterm elections from the International Space Station. Menon, along with fellow astronauts Luke Delaney and Jessica Watkins, cast their ballots securely from orbit. The ballots were sent via NASA's encrypted Near Space Network to ensure integrity. Menon filled out his electronic ballot for Harris County in Texas, marking a unique voting experience.
Rupee ends flat at 94.90 despite fall in oil prices
The Indian rupee closed at 94.90, witnessing a range from 95.03 to 94.69. Market participants remained on edge with the US midterm elections looming, impacting overall sentiment. Despite falling oil prices and a weaker dollar, there was an uptick in dollar demand. Notably, Foreign Portfolio Investors turned net buyers, purchasing ₹3,114 crore, lending slight support to the rupee.
Repolling begins at 12 polling stations in six ULBs in Andhra
On November 2, repolling commenced at 12 polling stations within six urban local bodies in Andhra Pradesh, following the State Election Commission's decision to annul elections due to reports of booth capturing. During the repolling, voters will receive indelible ink on their fingers. The initial polling on November 1 saw a voter turnout of 60.3 percent. Officials are tasked with effectively communicating the repolling arrangements to candidates and the public.
Gauri Khan's Karwa Chauth look is all about sindoor, bindi and pastel elegance
Gauri Khan stood out at Anil Kapoor’s Karwa Chauth celebrations in a pastel greyish-blue floral kurta set featuring colourful embroidery, a matching dupatta and traditional accessories. Her sindoor and bindi added festive charm. Sonam Kapoor, Anshula Kapoor and Mira Rajput also attended, showcasing elegant ethnic looks in deep maroon, red and beige-gold ensembles.
Bihar MLC polls: RJD's Anil Jha declared elected, party's overall tally climbs to 17
The Election Commission has declared RJD candidate Anil Jha elected from the Darbhanga Graduates constituency in the Bihar Legislative Council elections. Jha defeated sitting BJP MLC Sarvesh Kumar by securing 25,406 votes against his rival's 21,396. The RJD has now won two of the eight seats contested, improving its tally in the Upper House to 17.
Aamir Khan walks hand-in-hand with wife Gauri Spratt for first Karwa Chauth celebration after wedding. Pics go viral
Aamir Khan and Gauri Spratt celebrated their first Karwa Chauth together after their wedding in July. They attended a gathering hosted by Anil Kapoor and Sunita Kapoor in traditional outfits. Many Bollywood celebrities were present at the festivities. Read on!
Vedanta lines up USD 25 bn investment over 3 years for organic growth; eyes USD 50 bn revenue
Vedanta Group has announced plans for a USD 25 billion investment to expand its existing businesses significantly. The investment will focus on organic growth in key sectors including aluminium, copper, and oil. Vedanta aims to become a leading silver producer and one of the largest mining companies worldwide. The company also intends to double its renewable energy capacity in the coming years.
Promoters key in emerging markets, professional management vital as firms grow: Anil Agarwal
Anil Agarwal made a compelling case for the crucial impact of promoters in emerging markets, particularly India. He pointed out the differences when compared to developed markets, where the management often operates independently from ownership. Highlighting the changing dynamics of India's corporate sector, shaped largely by family entrepreneurs, Agarwal emphasized the requirement for professional management to enhance governance and efficiency as businesses flourish.
Vedanta's Anil Agarwal keen to invest in Bengal, to meet CM Suvendu Adhikari
Anil Agarwal, Founder and Chairman of Vedanta group, is eager to invest in West Bengal. He plans to hold a meeting with Chief Minister Suvendu Adhikari to discuss investment proposals. Agarwal believes in the potential of the state and acknowledges the presence of intellectual talent. He emphasized the importance of women empowerment and financial independence for women across the country.
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