CONSTRUCTION AND INFRASTRUCTURE EQUIPMENT
AI stocks: Are the days of easy money over? Aswath Damodaran warns investors of a new market reality ahead of Anthropic IPO
NYU professor Aswath Damodaran warns that broad-based gains from AI stocks may be fading as investors become more selective. He highlights diverging business models, rising infrastructure costs, uncertain monetisation and valuation risks, urging greater investment discipline.
Tech investor SoftBank Group logs $7 bn quarterly net loss
The company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio of investments and acquisitions.
India's invisible pain: The dirt in the air comes with a hefty price tag for economy and businesses
Severe pollution plaguing Indian cities is taking a toll on businesses. Restrictions placed on construction and transportation impede the movement of goods, leading to increased operational expenses. Many consumers are opting out of outdoor activities due to dangerous air quality, resulting in a drop in sales and foot traffic.
Biggest tunnel boring machines coming to Mumbai: Giant TBMs to dig twin Coastal Road tunnels between Kandivli and Malad; check route, project details
Mumbai's 22-km Versova-Dahisar Link Road project has moved closer to the construction stage, with two giant tunnel boring machines undergoing factory tests in Chennai. The 15.6-metre TBMs will excavate 3 km of the proposed 3.9-km twin underground road tunnels between Malad and Charkop, nearly 40 metres below ground. Scheduled for launch in May 2027, the machines will be transported to Mumbai in parts on around 100 trailers. Here is a look at the tunnel project, construction challenges, traffic benefits and environmental concerns.
If AI unwinding pulls power stocks down, mind the difference between narrative and business: 6 stocks with upside potential of up to 30%
It is quite possible that, over the coming weeks, the narrative on the street could be that power stocks, which many had started to treat as a kind of proxy for the AI build-out, would come under pressure. But linking these stocks to global unwinding in the AI trade could be a mistake because demand for power in India depends on something far bigger and far older.
For long- and medium-term investors: Cycles turn, principles don’t; 5 large-cap stocks with upside potential of up to 29%
These are the stocks that fell the most, so they may bounce back the most if the fund flows return. They are the ones FPI money will target first. And they tend to be the businesses with great track records, the ones that have been through bad patches like this before and have come out unscathed. Yes, we are talking about large-cap stocks.
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Why is Bitcoin price crashing today? BTC USD falls toward $76,000 amid stock market sell-off and $370 million in crypto liquidations
Bitcoin (BTC USD) price crash today: Bitcoin has fallen back toward $76,000 after failing to hold its recovery above $80,000. A sell-off in technology stocks added to the pressure, while nearly $370 million in leveraged crypto positions were liquidated in about an hour. Traders are now watching the $75,000 level.
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.
NHAI issues guidelines to standardise design and infrastructure for multi-lane free flow tolling
NHAI, in a statement, said the guidelines will ensure that upcoming and ongoing national highway projects are equipped to support MLFF-based barrier-free toll collection without requiring vehicles to stop at toll booths.
Nitin Gadkari says UP farmers will soon produce hydrogen from water that will run planes, cars and trains
Nitin Gadkari's hydrogen plan: Union Minister Nitin Gadkari says Uttar Pradesh farmers will soon produce hydrogen from water and agricultural waste that will power aircraft, cars and railway engines. He also highlighted ethanol production, alternative fuels and the state's potential to become an energy exporter from a net importer. The state was known as Bimaru state.
MU stock crashes 11% today as Nasdaq plunges nearly 4%: Why is Micron stock falling with Nvidia, Intel and Tesla as Wall Street’s tech selloff deepens?
MU stock price today: Micron stock is falling as Wall Street faces a sharp selloff in technology shares. The Nasdaq dropped 3.72% on Thursday, while the Dow and S&P 500 also lost more than 2%. Nvidia and Tesla shares fell sharply, adding to the pressure on chip stocks. Micron faces another problem; a reported halt to its $4.5 billion Taiwan plant has raised fresh questions about its future AI memory production.
NVDA stock price falls below $200: Why is Nvidia stock going down today? Here's what analysts predict next
NVDA stock price today: Nvidia stock has come under fresh pressure amid concerns that data center restrictions could slow AI infrastructure spending. Shares fell below $200, but analysts remain bullish, with average price targets pointing to significant upside ahead of the company's November 17 earnings report.
A couple helped fund a new hospital for rescued wildlife in Thailand; it opened in December 2025 to provide emergency treatment and ongoing care
A newly established wildlife hospital in Thailand aims to enhance medical care for rescued animals facing injuries and threats from exploitation or illegal wildlife trade. This state-of-the-art facility will cater to various needs, including emergency treatments and rehabilitation. Long-term care is also available for animals that cannot return to their natural habitat, highlighting the importance of ongoing funding to sustain its vital operations.
AI, data-center stocks slip as Democratic sweep clouds expansion plans
Stocks related to AI and data centers are facing a slump in premarket trading as Democrats secure significant wins in the US midterm elections. Investors are wary as possible regulatory changes from Congress loom, jeopardizing the industry's growth prospects. Analysts highlight that many anticipated data center capacity expansions could be at risk due to halts in construction.
Richville Infra to develop senior-living focused project in Ludhiana
Richville Infra Private Limited plans to invest around ₹500 crore to develop a 100-unit senior-living and NRI-focused residential project on five acres at Hambran Road in Ludhiana, Punjab. The project, named Tirthankar Abode, is expected to generate revenue of around ₹1,000 crore.
World's highest railway station in Ladakh at 17,244 feet: India planning a Rs 1.3 lakh crore railway line that will break China's record
World's highest railway station: India is planning a 489-km Bilaspur-Manali-Leh railway line costing an estimated Rs 1.31 lakh crore. The proposed corridor could feature the world's highest railway station at 5,256 metres beneath Tanglang La, surpassing China's existing record. Here's what we know about the ambitious Himalayan railway project, its route, tunnels and strategic importance.
Google unveils $15 billion data centre investment in Malaysia
Google announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and other infrastructure as demand booms for artificial intelligence services. It said the $15 billion investment will be made "over the next two years (2027 to 2028)", expanding on a $2 billion investment announced in 2024.
Has Nicolas Cage become 'homeless'? Actor reveals why he was forced to leave his $10.5 million Malibu mansion. 'Something happened to my house'
Nicolas Cage has revealed that he is currently living in hotels after damage to his $10.5 million Malibu beachfront mansion forced him to leave the property. Speaking at L.A. Comic Con, the 62-year-old actor described himself as “a little bit homeless” and explained that something had happened to his house. A massive sinkhole caused by coastal erosion damaged the mansion's driveway in September, also affecting nearby properties and forcing residents to evacuate.
Advait Energy Transitions Q2 profit jumps 89% to Rs 19.18 crore; revenue rises 41%
Advait Energy Transitions has reported an 88.5 percent increase in net profit for the quarter ending September 30, 2026. Revenue for this period rose 40.8 percent, reaching Rs 220.9 crore, driven by strong demand for power transmission solutions. The company also experienced substantial growth in its consolidated revenue for the first half of FY27.
Karnataka risks losing auto, EV testing centres as Mandya politics stalls project
Karnataka risks losing proposed automobile and electric vehicle testing centres in Mandya due to political tensions. HD Kumaraswamy advocates for these centres, which could significantly boost the local economy. The central government’s investment could develop an auto hub similar to those in other states. However, political rivalries complicate the project's progress, and local leaders are unable to unite.
Defence Ministry inks Rs 53,886 crore deals for new indigenous warships
The Defence Ministry signed contracts worth ₹53,866.50 crore for constructing next-generation corvettes with public shipyards. Garden Reach Shipbuilders & Engineers Limited will build five corvettes while Goa Shipyard Limited will construct three. The ships are designed for multi-domain warfare, including anti-surface and anti-submarine operations. This project is expected to create significant employment opportunities in shipyards and ancillary industries over the next decade.
No more land acquisition for toll plazas: Future highway tolls to collect tolls from moving vehicles through overhead cameras, eliminating the need to build physical toll booths
NHAI has made Multi-Lane Free Flow tolling mandatory for all future National Highway projects, including eligible ongoing construction. The new system will use overhead gantries, FASTag readers and number plate recognition cameras instead of conventional toll booths. Toll plazas will have up to eight tolling lanes, reducing land requirements and vehicle queues.
China’s 5,000-ton digging machines are a trade war risk to India
China is tightening export controls on tunnel-boring machines and other specialised construction equipment, raising concerns that the restrictions could disrupt India's infrastructure projects, particularly along the disputed Himalayan border.
Iran targeted US air defences then hit aircraft and buildings on Mideast bases: AP analysis
An Associated Press analysis of satellite imagery and regional officials' accounts found that Iranian strikes damaged or destroyed structures at 26 US military bases and other sites across the Middle East through August. Iran initially targeted early-warning radars and aircraft infrastructure before hitting warehouses, troop accommodation and other facilities, causing billions of dollars in equipment damage.
AIIMS Gorakhpur director shifted to private hospital for heart-related evaluation; institute says advanced cardiac care facility to be operational soon
AIIMS Gorakhpur Executive Director Major General (retd) Vibha Dutta was shifted to a private hospital for cardiac evaluation after developing health complications. The development comes as the institute said nearly 70% of the work to operationalise its Cath Lab has been completed, with the facility expected to become functional by December.
US Stock Market is feeling AI investments pressure but check list of stocks that are jumping amidst Artificial Intelligence spending fears
US Stock Market today: As the world's biggest technology companies race to expand computing capacity, demand for such facilities has surged, creating what industry executives have described as a generational opportunity for alternative asset managers.
Global Market: Wall Street's top asset managers bet big on AI infrastructure boom
Wall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditworthy tenants to secure predictable returns. However, rising debt levels among neoclouds and concerns over AI spending returns are bringing private credit risks into focus.
Core4 Engineers SME shares to list today: Check IPO subscription status and other key details
Core4 Engineers will make its debut on the BSE SME platform on October 30 after its Rs 54.82 crore IPO was subscribed 5.44 times. The NII category led demand with 12.26 times subscription, followed by QIBs at 5.06 times and individual investors at 2.72 times. The IPO was entirely a fresh issue of 58.94 lakh shares.
Nitin Gadkari says no challan for speeding up to 20% over the limit: What he told officials, when challans should be issued & what motorists must know
Nitin Gadkari has said motorists should not receive speeding challans for exceeding the applicable speed limit by up to 20%, while those crossing the threshold should be penalised. He also warned contractors over poor-quality highways, defended E20 petrol blending and called for domestic manufacturing of tunnel-boring machines as India plans major investments in tunnel infrastructure.
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