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'Temple is not made for India': Deepinder Goyal responds to criticism in Diwali posts, promises to publish ‘detailed note’
Goyal said the company did not want people to support Temple simply because it was an Indian startup, adding “We don’t need/want nationalist support.”
Buying GTA 6 in a box? Rockstar says no disc inside, just a code for a 212 GB download
GTA 6: Rockstar Games is taking a different approach to GTA 6's physical release. Boxed copies will contain a download code instead of a disc, meaning buyers must install the game digitally. With up to 212GB of storage required, the disc-free release comes as Rockstar shares nearly 40 new screenshots ahead of launch.
Woman expects 12% interest on fixed deposit, puts Rs 9.5 lakh in Karnataka society, fails to recover money after maturity, consumer court orders society to pay Rs 17.63 lakh
A woman and her family member deposited money in a Karnataka credit society, expecting returns of up to 12% on their fixed deposits. They later struggled to recover their money, including a deposit that had matured. The consumer commission has now ordered the society's office-bearers to repay Rs 17.63 lakh with interest, compensation and legal costs.
Indian woman spends Rs 40,000 on customised pillow in Japan, filled with black Binchotan charcoal pipe beads, leaves netizens divided
Indian woman spent Rs 40,000 on a custom-made pillow from Nishikawa in Japan. She aimed to improve her sleep and alleviate neck discomfort. The pillow is tailored based on individual body measurements and sleeping habits. Experts highlight the importance of proper pillow support for reducing neck pain. Kaur's experience reflects growing awareness of the importance of quality sleep and investing in comfort.
AI to boost industrial robotics growth, but manufacturers may benefit less than customers: S&P Global
Artificial intelligence is anticipated to significantly enhance the long-term prospects of industrial robotics and automation. Manufacturers may experience reduced benefits compared to their customers, as equipment utilization increases. Global industrial robot installations have increased markedly, driven by labour shortages and productivity needs. AI improvements are projected to further expand automation capabilities before achieving full autonomy. However, the overall impact on manufacturers' profits remains uncertain due to competitive market dynamics.
Airtel's premiumisation push comes at a cost as net subscriber additions fall 78%
Bharti Airtel's net mobile subscriber additions plunged 78% sequentially to 7.2 lakh in the September quarter after it discontinued its Rs 299 prepaid smartphone plan, pushing churn higher. However, stronger ARPU growth to Rs 271 helped offset slower additions, supporting revenue and operating profit growth.
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Dhanteras bank holiday: Will banks be open or closed today, November 6, 2026?
Banks in India will remain open on Dhanteras, which falls on November 6, 2026? Although most transactions can be completed online, some may require in-person visits. It is advisable for customers to check with their banks about specific transaction requirements beforehand. Dhanteras is not a holiday under the Negotiable Instruments Act.
Titan Company shares drop 3% after Q2 results. Why Emkay, Nuvama and others remain bullish
Titan shares declined despite a 54% rise in adjusted net profit for the September quarter. Strong demand for jewellery, watches, and eyewear supported performance, while brokerages remained largely positive on the stock, citing growth prospects, market-share gains, and improving margins.
Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operations
The proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia currently has an installed annual production capacity of around 3 lakh units.
Dhanteras gold, silver sales may rise 10% despite buyers opting for lighter jewellery: AIJGF
Sales of gold and silver jewellery for Dhanteras are expected to rise approximately 10% this year. The All India Jewellers and Goldsmith Federation predicts a sales figure of around Rs 66,000 crore. Consumers are opting for lighter jewellery due to elevated prices while managing their budgets. Despite the increase in value, total quantities sold may remain below last year’s levels.
Bharti Airtel Q2 Results: Net profit jumps 31% YoY to Rs 8,887 crore; revenue up 17%; ARPU rises to Rs 271
Bharti Airtel Q2 Results: Bharti Airtel reported a 31% year-on-year (YoY) increase in net profit to Rs 8,887.5 crore for the September quarter (Q2FY27), compared with Rs 6,791.6 crore in the corresponding quarter last fiscal.
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certainty
ASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic manufacturing, attract foreign capital and improve ease of doing business.
Outback Steakhouse Restaurant Closures 2026: Check full list of locations recently shut amid franchisee bankruptcy
Outback Steakhouse has closed 10 locations across four US states due to financial difficulties of a franchisee. The franchisee, Out West Restaurant Group, filed for Chapter 11 bankruptcy protection after struggling since 2018. These closures have raised concerns about potential future restaurant shutdowns but do not affect the entire chain. Bloomin' Brands plans to acquire the remaining franchise operations and provide financial support.
Bengaluru woman calls customer care to seek Rs 441 refund for ill-fitting clothes, loses Rs 1.05 lakh
A Bengaluru woman lost Rs 1.05 lakh while trying to get a Rs 441 refund for ill-fitting clothes after contacting a fake customer care number found online. In a separate incident, another woman lost Rs 98,000 while seeking a replacement for a damaged curd packet ordered through Blinkit.
Cummins India shares crash 15% after Q2 net profit falls 19% YoY, margins take 680 bps hit
Cummins India shares plunged after the company reported a 19% year-on-year decline in Q2FY27 net profit, while EBITDA margin contracted sharply. Higher commodity and freight costs, along with an unfavourable product mix, weighed on profitability despite growth in domestic sales and exports.
Pricol shares jump 8% after Q2 results; net profit rises 33% YoY to Rs 85 crore
Pricol shares rallied after the company reported strong Q2FY27 results, with consolidated net profit rising 33% and revenue increasing 35% year-on-year. The company also highlighted business recognitions, operational priorities and a positive trend across key moving averages.
Lost money to a UPI scam? The first 3 days could decide how much you can recover
In the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to safeguard you against unauthorized transactions. Discover essential actions to take the moment fraud strikes, understand how liability is assessed, and find out what steps to take if your bank turns down your claim.
Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priority
In its shareholders' letter for the July-September quarter, the company said its strategy centred on controlling the entire value chain, from manufacturing frames and lenses to selling products directly to consumers, allowing it to retain margins otherwise distributed among suppliers and retailers.
PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040
The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial infrastructure to bring more people into the long-term savings system.
AI sales startup Nooks secures $500 million in funding for expansion
Unlike traditional investors that buy a stake in a company, General Catalyst's commitment involves taking a share of the returns its capital helps generate, Nooks CEO Dan Lee said. He declined to give details on the terms of the deal.
Otto launches voice AI CRM, letting field sales reps update seals with a phone call
New platform replaces post-visit data entry with a two-minute conversation, automatically handling CRM updates, follow-ups, and manager reporting.
ETtech Explainer: Why SIM-binding is a concern for consumers and businesses
A new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mandate could severely disrupt operations for consumers and businesses alike, especially impacting international travelers who depend on local SIMs or Wi-Fi. Businesses are bracing for heightened costs and difficulties tied to limited device accessibility.
Freshworks crosses $1 billion ARR as enterprise push lifts growth
Revenue for the July-September quarter rose to $245.4 million from $215.1 million a year earlier. Net profit stood at $18.3 million, compared with a loss of $4.7 million in the year-ago period. Its non-GAAP operating margin expanded to 29.8% from 21% a year earlier, while adjusted free cash flow increased 29% to $73.9 million.
How digital distribution shifts the balance of power towards the customer
The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However, digital platforms offer improved transparency, enabling consumers to make well-informed choices about their coverage options. By comparing policies, customers not only save on premiums but also gain better insights into their coverage. Additionally, digital channels simplify grievance resolution, fostering easier interactions with insurers.
Personalised festive experiences key to brand loyalty for 72% of Indian shoppers: Survey
A recent survey indicates that 72 percent of Indian holiday shoppers prefer brands that provide personalized experiences. Consumers are increasingly seeking brands that demonstrate understanding of their preferences and offer seamless engagement. The survey found that 68 percent of respondents favor brands with an omnichannel presence for better communication. Additionally, shoppers are concerned about data security, which influences their loyalty just like festive offers.
Oyo parent PRISM clocks PAT of Rs 353 crore in Q1, up 17% YoY, revenue jumps 35%
Oyo parent PRISM reported a 35% YoY rise in Q1FY27 revenue to Rs 2,814 crore, while net profit grew 17% to Rs 353 crore. Gross Booking Value increased 30% to Rs 9,600 crore and EBITDA rose 24% to Rs 760 crore. Founder Ritesh Agarwal highlighted growth across hotels and vacation homes, technology investments and AI-led operational efficiencies.
ET Product of the Year Awards 2026: Categories recognising products driving market impact
The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.
Banks report 10-50% gains in productivity, turnaround time and costs from AI-led initiatives
Several banks in India have implemented artificial intelligence initiatives that have increased productivity and efficiency significantly. Notably, Kotak Mahindra Bank has improved its handling of corporate servicing volumes by 20-30% with the same workforce. Axis Bank's AI solutions are enhancing customer experience and improving operational efficiency across its operations. HDFC Bank has reported a reduction in service delivery turnaround times by 30%, reflecting the impact of digitization.
India extends cotton import duty exemption till December 31
The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile industry by ensuring adequate raw material availability. The waiver allows greater flexibility for manufacturers to source inputs at reduced costs. Domestic cotton prices have remained firm due to production concerns, prompting this extension. The move is expected to strengthen Indian textiles in both domestic and international markets.
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