AON
Why Indian Navy is spending Rs 53,000 crore to buy 8 corvettes? How It will help India to defend India's 7000 km coastline from Pakistan to Bangladesh
Indian Navy will spend Rs 53,866 crore to acquire eight next-generation corvettes part of a wider effort to strengthen coastal defence and maritime security. With stealth features, multi-role warfare capabilities and over 70% indigenous content, the warships will add to India's expanding naval fleet.
Zen Technologies shares rally 9% after Q2 profit rises 51% YoY, revenue nearly doubles
Zen Technologies shares jumped 8.67% after the defence technology company reported a 51% YoY rise in Q2 net profit to Rs 90 crore, while revenue surged 98% to Rs 345 crore. The company recorded an order inflow of Rs 481.81 crore during the quarter, taking its consolidated order book to Rs 1,375.70 crore as of September 30, 2026.
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
India’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM Shriram
Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their September-quarter earnings, highlighting varying financial performances. Paytm experienced significant profit growth, while Dalmia Bharat reported a net loss due to an exceptional charge. Defence stocks are also in focus following government procurement approvals. Investors continue to track earnings reports and related developments in the market.
Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys
On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.
India Inc to give 9.1% pay hike in 2027, almost similar to 2026: Aon
In 2027, employees across India Inc are projected to enjoy a salary boost of 9.1%, as reported by Aon Plc. However, the attrition rate has surged to 18% in 2026, a significant rise from previous years. Non-banking financial firms are anticipated to lead the charge with a 10.1% wage increase.
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Planning a job switch? These sectors may see the biggest salary hikes in 2027
Salaries in India are projected to increase by 9.1% in 2027 after a 9% rise in 2026. Non-banking financial companies are expected to lead in salary growth with an increase of 10.1%. Employers face challenges in retaining talent amid rising attrition rates and the implementation of the Wage Code. AI skill demand is growing as companies adopt AI productivity tools at a significant pace.
Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunities
During his visit to the United States, Piyush Goyal held meetings with executives from several major American companies. The discussions focused on expanding investment and manufacturing opportunities within India under the Make in India initiative. Goyal highlighted the rising potential of India's consumer market as a strong base for global brands.
IIT, IIM paychecks hit pause as median campus salaries stay flat for Class of 2027
IIT graduates from the Class of 2027 are expected to see median compensation remain flat at Rs 16.46 lakh per annum, while top IIM packages are projected to hold at Rs 26 lakh, according to Aon’s Campus Study Report. Tier-1 engineering and management colleges, however, are expected to see increases as employers become more selective and focus on skills and job readiness.
AI is pushing India campus hiring towards skills and job readiness
India’s campus hiring market remains resilient, but employers are becoming more selective, with demand concentrated in specialised skills, internships and job-ready graduates, according to Aon’s 2026-27 study. Hiring is expected to rise most for CA/CS graduates and interns, while campus pay is projected to increase modestly and internships remain a key route to full-time roles.
From Sukhoi-30 to mine-laying systems: How India plans to counter twin China-Pakistan challenge with Rs 1.1 lakh crore upgrade list
The Defence Acquisition Council has cleared proposals worth Rs 1.1 lakh crore to strengthen India's armed forces, taking approvals this year to Rs 1.6 lakh crore and those since 2025 to Rs 13 lakh crore. The package includes CBRN reconnaissance vehicles, Arudhra radars, a ground-based jammer, marine gas turbines, trawl tanks, the Sarvatra bridge system, mine layers and high-mobility vehicles.
HAL, Astra Microwave, other defence stocks rally up to 4% after DAC clears Rs 1.10L cr proposals; Motilal picks 3 stocks to buy
Defence stocks: The Defence Acquisition Council approved defence procurement proposals worth around Rs 1.10 lakh crore, with nearly 98% of purchases to be sourced from Indian companies. The move is likely to keep defence stocks such as HAL, BEL, Paras Defence, BEML and Astra Microwave in focus. The approvals cover requirements of the Army, Navy and Air Force.
India clears ₹1.10 lakh crore defence acquisitions for Army, Navy and Air Force
The Defence Acquisition Council approved acquisition proposals valued at approximately Rs 1.10 lakh crore. About ninety-eight percent of these procurements will be sourced from Indian industry. The Indian Army will receive Chemical Biological Radiological and Nuclear Recce Vehicles and High Mobility Vehicles. The Indian Navy will procure Arudhra Radars and Marine Gas Turbines for propulsion. The Indian Air Force will strengthen fighter and transport aircraft capabilities.
Nepal floods could cost insurers over $130 mln even before death, injury claims
Nepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage from the devastating event. Delayed repairs could trigger business interruption payouts for postponed plant operations. Nepal's small non-life market relies on domestic and foreign reinsurers. Insurers may review Himalayan infrastructure risks and increase premiums.
Nepal floods could cost insurers over $130 million even before death, injury claims
Nepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropower projects expected to account for most claims. Eleven projects in the affected region suffered damage, while insurers warn the disaster could prompt tighter coverage, higher premiums and stricter underwriting for Himalayan infrastructure.
Aon strikes $17 billion deal for rival USI Insurance Services
Aon will purchase rival USI Insurance Services for seventeen billion dollars. This acquisition aims to strengthen Aon's position in the middle-market segment. The deal highlights increasing consolidation within the insurance brokerage industry. USI, founded in nineteen ninety-four, offers various insurance and consulting services. The transaction is expected to finalize in the fourth quarter of twenty twenty-six.
Nifty 50 firms get dismal score on gender pay parity
Most Indian companies show a persistent gender pay gap, with women earning less than men. Only a small percentage of companies reported progress towards pay parity in the recent fiscal year. New labor codes strengthen legal foundations against wage discrimination for equal work. Structural career drivers and representation in high-value roles remain unchanged for women. Women are concentrated in junior roles and underrepresented in core business functions.
Aon appoints Rishi Mehra as head of India
Working closely with Jon Pipe, CEO of Aon India Insurance Brokers, and Nitin Sethi, CEO of Aon Consulting, Mehra will bring together the collective capabilities across risk, health, wealth and talent consulting under a single leadership model, said a statement issued by Aon.
8 in 10 companies increased spend on employee well-being in 2023 vis-a-vis 2019: Aon study
Eight in 10 companies in India have increased their spend on employee well-being in 2023 as compared to 2019, said a study by Aon. The study shows that 82% of Indian companies believe that mental health has a potential impact on business outcomes. The report also shows a 51% increase in companies offering outpatient department (OPD) benefits. Additionally, 80% provide employee assistance programmes and mental health support and 37% offer telemedicine.
Aon acquires 49% stake in Anviti Insurance Brokers
Aon provides a broad range of risk, retirement, and health solutions.
Aon India's senior executives quit firm to join Deloitte
Anandorup Ghose, a partner and the head of emerging markets at Aon, who also headed its performance, rewards and organisation practice, has resigned after a nearly 14-year stint and joined Deloitte. A team of 15-plus consultants including three directors have left with him.
Global Insurance buys Aon's 26% stake in JV
The joint venture, which started in 2001, saw Aon investing Rs 62 lakh for 26 per cent at par in the JV.
Aon Hewitt ties up with IIMB for CHRO programme
Aon Hewitt aims to build a talent pool of leaders who drive business outcomes through human resources.
Aon Hewitt spots talent in CoCubes, acquired for Rs 70-80 crore
Aon Hewitt, a solution provider in selection and assessment, helps organisations make better hiring decisions and improve performance by predicting the success
Aon Hewitt acquires India's CoCubes
With this transaction, Aon Hewitt adds two million assessments to its existing global portfolio of 20 million assessments spread across 164 countries.
Average salary increase across sectors likely to be 10.3 per cent: Aon Hewitt
The average salary increase across sectors in India this year is likely to be 10.3%, Aon Hewitt, the management consulting unit of Aon Plc, said on Wednesday.
Aon partners N R Narayana Murthy's firm Catamaran Ventures for insurance broking JV
Aon had in 2003 partnered with Global Insurance Services -an insurance consultancy firm promoted by Prabodh Thakkar.
Aon, one of world's largest insurance brokers, to exit Indian market
The Netherlands-based company, which holds 26 per cent stake in the Indian joint venture Aon Global, has informed about its exit plan to the Indian partner.
Aon Corp to buy Hewitt for about $4.9 billion
Aon plans to integrate Hewitt with its consulting and outsourcing operations and sees annual revenue of $4.3 bn for the combined entity. Gainers & losers
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