CHANDRA
Air India flight from Kolkata to Mumbai moved to isolation bay after threat alert
An Air India flight from Kolkata to Mumbai was moved to the isolation bay on Wednesday morning following a threat alert shortly before take-off. Security agencies reached the spot and initiated checks as per standard operating procedures. Further details are awaited.
Maharashtra plans FY28 IPO for state power transmission firm MSETCL; approval likely soon
Maharashtra State Electricity Transmission Company (MSETCL) is targeting an FY28 IPO to raise ₹7,000-8,000 crore, with a proposal submitted to the state government and approval expected within two months, according to Additional Chief Secretary Abha Shukla. The transmission utility has appointed six banks for the proposed listing and plans to use the funds to participate in tariff-based competitive bidding projects.
CM Chandrababu Naidu wants to scrap Rs 500 notes, wants only currency like 100 and Rs 200 in circulation to help tackle corruption
Indian rupees news: N Chandrababu Naidu has reiterated his demand to withdraw high-denomination currency notes like Rs 500. He believes that limiting circulation to Rs 100 and Rs 200 can help tackle corruption effectively. While the Reserve Bank of India is exploring plastic notes for lower denominations, no proposals exist to replace paper currency entirely. Additionally, discussions around digital payments highlight their complementary relationship with physical banknotes.
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.
Tenneco India explores diversifying beyond auto sector, eyes M&A
Tenneco Clean Air India is exploring acquisitions to diversify beyond the automotive sector, with potential targets in railways, aerospace and defence. CEO Arvind Chandra said the debt-free company has the cash to fund sizeable deals and is seeking businesses with strong technology, margins and an India growth opportunity.
In Noel's crosshairs, Chandra and Mehli reconnect at Tata HQ
Tata Sons chairman N Chandrasekaran met Mehli Mistry at Bombay House last week in a move aimed at rebuilding trust after more than a year of strained relations. The two discussed issues that affected their equation following Mistry's removal from two key Tata trusts, a challenge that remains pending before the Maharashtra Charity Commissioner.
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Agri loans emerge as biggest asset quality risk for Indian banks
Agricultural loans in India are currently facing significant asset-quality risks, with bad-loan ratios surpassing other sectors. The gross non-performing asset ratio for agricultural loans is at 5.1%, compared to 1.5% for industry and services. Factors such as a poor monsoon have contributed to this situation, although agricultural bad loans have declined since 2020-21. Various banks have reported increased agricultural loan slippages but maintain a cautious outlook on borrower stress.
Bengaluru-Goa Vande Bharat Express to be among India's slowest, running at 53-54 kmph, on par with regular Mail and Express trains; why Vande Bharat trains are not operating at approved 160 kmph
Vande Bharat Express news: The Bengaluru-Madgaon Vande Bharat Express will connect Bengaluru to Goa over a distance of 670 km. It is set to take approximately 12 to 13 hours for this journey, making it the slowest Vande Bharat service. This train will average speeds comparable to Mail and Express trains, primarily due to safety restrictions. Currently, other Vande Bharat trains maintain higher average speeds across their respective routes.
22-year-old man turns Green Gas meter update into Rs 32 lakh scam; Lucknow resident loses fortune after downloading WhatsApp APK
Lucknow Cyber Crime Police have arrested a 22-year-old man from Dhanbad, Jharkhand, over an alleged fake Green Gas meter update app scam that reportedly caused a loss of Rs 32 lakh. Consumers were targeted through WhatsApp messages asking them to install a fraudulent APK file. Here is how the alleged fraud operated and what police recovered during the arrest.
Zee expands sports portfolio, secures exclusive PGTI multi-platform rights
Zee Entertainment Enterprises has acquired exclusive rights to broadcast the Professional Golf Tour of India. This partnership will feature 20 tournaments and provide up to 120 hours of live coverage. Bavesh Janavlekar stated that this collaboration aims to enhance the visibility of Indian golf. The initiative seeks to reach a broader audience, including both golf enthusiasts and new fans.
15,000 trains, 100+ special train pairs and a Vande Bharat: Indian Railways has a big Diwali & Chhath Puja gift for Bihar passengers
Indian Railways will operate 15,000 trains to and from Bihar to manage the festive rush during Diwali and Chhath, compared with around 12,000 services under normal operations. More than 100 pairs of special trains have also been arranged on routes connecting Bihar with Delhi, Punjab, Mumbai, Pune and other destinations. The Railways has also discussed new train services and infrastructure projects in the state.
Malayalam actress Athulya Chandra, 2 others arrested in Kerala: Doctor alleges being lured to Kochi flat, beaten up; gadgets worth Rs 3.25 lakh stolen
Malayalam actress Athulya Chandra and two others have been arrested in Kerala after a doctor accused them of luring him to a Kochi flat and assaulting him. He alleged that the group stole gadgets worth Rs 3.25 lakh. Twelve people have been named in the case, while police investigate the motive and possible honey-trap angle.
Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry Secretary
Coal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministry has initiated financial incentives targeted towards promoting coal gasification. Responsible mining practices are emphasized to encourage sustainable development and investment in the coal sector.
Centre proposing parity in mineral taxation, states' rights to remain intact: Union Mines Secretary
Proposed amendments to the Mines and Minerals (Development and Regulation) Act are intended to create tax parity across states. This initiative aims to reduce reliance on imports by fostering local production and processing of critical minerals. The Indian government has introduced significant subsidies to support industries establishing lithium and nickel processing facilities. Approximately 58 entities are now registered under a recycling program for electronic waste.
Sunday PropTech acquires 89-room hotel in Kolkata, marks entry into city
Sunday PropTech Ltd marks a significant milestone with its inaugural acquisition of an 89-room hotel in Rajarhat. This venue will be included in its emerging mid-premium Clubhouse brand, bolstering its footprint in eastern India. Given its advantageous proximity to Netaji Subhas Chandra Bose International Airport, it appeals to business travelers. The company plans to revamp and reposition the hotel, while also identifying additional investment prospects in West Bengal.
‘I don’t let people get close to me...’: Bethlehem Kudumba Unit actress Mamitha Baiju reacts to love and relationships
Mamitha Baiju is experiencing a successful career in cinema, with her films grossing over Rs 919 crore. She opened up about her cautious approach to relationships and friendships in a recent interview. Mamitha stated that she finds it rare to develop an instant crush on someone. Despite her reserved nature, she expressed a desire to be in a relationship.
Enforcement Directorate raids against IPS officer, others in APPC exam 'fraud' case
Enforcement Directorate officials conducted searches at the premises of IPS officer P Sitarama Anjaneyulu and others. This action is part of a money laundering investigation linked to APPSC examination irregularities. Allegations include the manual evaluation of answer scripts where Rs 1.14 crore was reportedly paid to a private company. The evaluations were contracted to Camsign Media, where the scripts were physically examined.
Rs 9,000 crore land assets monetised so far in FY27
The NLMC, which is working under the aegis of the Department of Public Enterprises under the finance ministry, also has land assets worth another Rs 4,000-5,000 crore belonging to public sector undertakings (PSUs) in the pipeline. These are at various stages of processing, providing an additional pipeline of potential transactions.
Darius Khambata does not seek re-appointment on Sir Dorabji Tata Trust and Sir Ratan Tata Trust as his term ends
Senior advocate Darius J Khambata has declined reappointment as a trustee of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, citing concerns over trustee independence, governance issues within the Tata Group and the proposed listing of Tata Sons.
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.
Ajay Devgn's Vimal Elaichi ad controversy: FDA chief Tukaram Munde says proceedings will continue despite Drishyam 3 actor's High Court plea
Ajay Devgn has filed a petition with the Bombay High Court in response to a notice from the Maharashtra FDA regarding his appearance in Vimal Elaichi ads. The FDA contends that these ads promote a banned product. Commissioner Tukaram Munde affirmed that legal procedures will be followed. Read on!
ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan case
The Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud involving LIC Housing Finance. The move follows a CBI FIR over two loan facilities worth Rs 980 crore sanctioned to Essel Group-linked companies in 2018. Zee Entertainment said the case does not affect its operations.
Zee draws line between CBI probe against Subhash Chandra and its business
Zee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra in his personal capacity has no bearing on the company or its operations. The development follows an ongoing CBI investigation into an earlier FIR filed by LIC Housing Finance against the promoter entities.
RBI deliberates economic risks at 625th Central Board meeting chaired by Governor Sanjay Malhotra
The Reserve Bank of India conducted its 625th Central Board meeting under Governor Sanjay Malhotra. The board reviewed economic conditions and potential risks facing India’s economy while evaluating the Deposit Insurance and Credit Guarantee Corporation’s activities. Additionally, the board members participated in the Integrity Pledge as part of Vigilance Week 2026. Deputy Governors and other board members contributed to the discussions during the meeting.
Delhi traffic restrictions on October 31 for Run for Unity: Routes, diversions, timings and commuter advisory
Traffic restrictions will be implemented in Delhi for the 'Run for Unity' event scheduled on October 31. The event commemorates the 151st birth anniversary of Vallabhbhai Patel and will affect several roads. Participants will start at Major Dhyan Chand National Stadium near India Gate and conclude at Subhas Chandra Bose's statue. Commuters are advised to avoid unnecessary travel in affected areas during the designated hours.
Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit Bharat
The government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner Suresh N Patel as its chairman. RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru and former RBI Deputy Governor N S Vishwanathan are among its members.
Rs 210-crore bank fraud case: CBI books Chandra Proteco and its directors
The CBI has registered an FIR against Chandra Proteco Limited and its directors over an alleged bank fraud of Rs 210.13 crore involving five banks. The case follows a complaint by Indian Bank, which alleged that the company obtained loans and letters of credit worth Rs 541.46 crore from a consortium of six banks and diverted funds through associate companies. The agency also conducted searches at premises linked to the directors in Prayagraj.
Noel, Chandra secret truce talks reach no conclusion
Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata held talks aimed at easing tensions over key governance issues, including a possible Tata Sons listing, the Shapoorji Pallonji Group’s stake and Chandrasekaran’s reappointment, but the meeting ended without a resolution. The dispute deepened the next day when Noel Tata challenged decisions taken at the September 17 Tata Sons board meeting and sought records related to the approval of Chandrasekaran’s new term.
West Bengal moves to depoliticise teachers, but schools need more than a ban
The West Bengal government has introduced a prohibition on newly appointed schoolteachers from participating in political activities and elections. This decision is aimed at reducing political influence in education and improving classroom experiences for students. For these efforts to be meaningful, it is crucial that the government enforces these rules consistently and avoids selective enforcement.
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