ET REVIEWS
Joint accounts, tax savings, wills: How couples can protect their wealth
Finances are a cornerstone of marriage, shaping both relationships and futures. At the ET Wealth Expo 2026, specialists emphasized the necessity of balanced fiscal strategies in partnerships, the dangers of income tax clubbing, and the importance of wills.
Pharma & healthcare funds top mutual fund return charts with over 19% gains. Should investors invest now or wait for a correction?
Pharma and healthcare mutual funds have topped return charts in 2026 with over 19% gains. While strong sector growth supports the outlook, experts caution against chasing the rally and advise investors to assess valuations, risks and portfolio exposure.
Tata Electronics told to file ATR after deaths of three contract workers
"The company has also been directed to submit a detailed action taken report (ATR) covering the circumstances leading to the accident, lapses identified, corrective measures undertaken and a clear preventive action plan to ensure that such incidents do not recur," Krishnagiri district collector C Dinesh Kumar told ET on Tuesday.
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Tata Electronics directed to submit detailed Action Taken Report after deaths of three workers at treatment plant
Following the unfortunate deaths of three employees at their Effluent Treatment Plant, Tata Electronics has been ordered to undertake a detailed assessment of their safety protocols. The workers succumbed to toxic gas exposure while performing maintenance tasks. Tamil Nadu authorities are presently inspecting the plant for adherence to safety measures, with state officials voicing condolences and the imperative for immediate assistance to the bereaved families.
Apple to probe deaths of three workers at Tata's iPhone parts factory
Three workers at Tata Electronics factory died due to asphyxiation during maintenance work on a water tank. The incident occurred while the facility was closed for festive holidays, preventing any impact on production. Apple is currently conducting an investigation into the tragic event and its circumstances. Tamil Nadu's Industries Minister emphasized the importance of worker safety and dignity following the incident.
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Sheikh Hasina seeks fresh passport, national ID for Bangladesh return amid extradition demands
Sheikh Hasina has requested a new passport and national identity card to facilitate her return to Dhaka. Bangladesh's state minister for foreign affairs has called for her extradition instead of issuing new travel documents. Officials are currently reviewing the legitimacy of Hasina's application for these documents. The matter could impact the diplomatic relations between Bangladesh and India significantly.

Nvidia sell-off continues: Chipmaker stock plunges 9% as Jensen Huang faces espionage controversy
Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.

Samvat 2083: How should mutual fund investors rejig their portfolios?
As Samvat 2083 begins, mutual fund investors should review their portfolios, stay disciplined with SIPs and avoid timing the market. Financial advisors share strategies for choosing fund categories, handling underperformers, diversifying across asset classes, booking profits and rebalancing portfolios to align investments with long-term financial goals.

Bihar NDA partners BJP and JD(U) aim to show unity ahead of Modi's November rally in Vaishali
BJP and JD(U) are collaborating to showcase unity as Prime Minister Modi prepares for his upcoming rally. The rally, scheduled for November 21, will mark a year of NDA governance in Bihar. Tensions arose from the recent MLC elections with accusations regarding BJP's lack of support for JD(U) candidates. Despite internal criticisms, leaders are focusing on ensuring the success of Modi's event.

MIT scientists scanned a larval zebrafish brain 200 times per second; ultraviolet light triggered electrical activity that spread across its brain
A groundbreaking microscope developed by MIT enables ultra-fast imaging of neuronal activity in zebrafish brains, achieving scans at an impressive 200 frames per second. Although only 25% of neurons have shown responses thus far, this represents a pivotal stride in neuroscience. Researchers aspire to leverage this technology for insights into neuron interactions within networks, potentially broadening its application to more sophisticated animal models in future investigations.

EPFO total contributions expected to rise by 25% in 2027-28 due to wage ceiling increase
EPFO is forecasting a major increase in its total contributions for the financial year 2027-28. The wage ceiling has been raised to ₹25,000 from ₹15,000, effective September 17. Total contributions for the current year are estimated to exceed previous budgeted amounts significantly. Additionally, the board will consider investing up to 3% in alternative investment funds.

Continental Tyres explores sale of India plant in UP
German tyre maker Continental is exploring the sale of its manufacturing plant in Modipuram, Uttar Pradesh, as the facility is operating below full capacity. Delhi-based Ralson Tyres and a Chinese tyre company are among the potential buyers that have submitted bids. Continental is reportedly seeking more than Rs 1,000 crore for the unit.

Cashfree opens checkout to AI agents, leaves final say with shoppers
Cashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to simplify the checkout process for AI shopping assistants. Customers still maintain control over final payment authorisation and sensitive information is protected. While AI agents currently represent less than 1% of checkout traffic, Cashfree aims to enhance their efficiency. The company limits agent access to sensitive payment steps to ensure security.

Scripbox shareholders approve conversion into public company ahead of IPO
At an extraordinary general meeting on October 19, shareholders approved the change of the Accel-backed startup's name from Scripbox Wealth Managers Private Limited to Scripbox Wealth Managers Limited, along with amendments to its constitutional documents, according to regulatory filings reviewed by ET.

AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).

ET Wealth Expo| Wealth creation is exciting; wealth preservation can be boring—but it works, says Manish Kathuria of Kotak Neo
Speaking at the ET Wealth Expo 2026 held in October in Mumbai, Kathuria said that while investors often get caught up in the excitement of rising markets and high-return opportunities, long-term wealth preservation is driven by a far less glamorous process—discipline, patience, risk management and, above all, asset allocation.

From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.

What investment mistakes should investors avoid this Diwali? Experts share 5 lessons
As the Diwali festivities unfold, investors should exercise caution and resist the urge to make hasty decisions based on the current market climate. It's vital to adhere to preset financial objectives and strategies rather than chasing after recent high-performers, which can lead to recency bias and unnecessary risk. A thorough evaluation of asset allocations, particularly in gold and silver, is essential to safeguard long-term wealth without succumbing to emotional impulses.

How businesses are using generative AI to create content at scale
The integration of generative AI into creative workflows is revolutionizing content production and innovation. Many Indian creators are witnessing enhanced business success and operational efficiency through these tools. Nonetheless, human intervention is vital to uphold brand consistency and quality in the final results. At the ET AI Awards 2027, outstanding organizations leveraging generative AI in their creative practices will be celebrated.

Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.

Vietnam proposes pact with India to protect classified information
Vietnam has proposed an agreement with India to exchange and protect classified information, while both countries have agreed to strengthen real-time sharing of strategic intelligence. The proposals were discussed during National Security Adviser Ajit Doval’s meetings with Vietnamese leaders in Hanoi.

Michigan Election Results 2026: Why 8 PM in Detroit is the time to watch and what it could tell us about the Senate race
Most Michigan polls close at 8 p.m. ET, but four Upper Peninsula counties vote an hour later by the Eastern clock. Detroit expects to report most of its ballots by 11 p.m. ET. The city’s timetable offers an early guide to election night, though close statewide races could take longer.

US midterm elections 2026: When do polls open in your state? Check voting hours, closing times and how to find your polling place
US midterm elections 2026: Voters across the country are heading to the polls today, Tuesday, Nov. 3, for the 2026 midterm elections. Each state sets its own voting hours, so the times change depending on where you live. In Pennsylvania, polls are open from 7 a.m. to 8 p.m.

Woman traveller highlights how Bengaluru-Mumbai Vande Bharat Sleeper Express prioritises women's safety with CCTV cameras, locked doors and clean washrooms
Launched on November 1, the Bengaluru-Mumbai Vande Bharat Sleeper Express train has already garnered acclaim for its features prioritizing women's safety. Travel creator Divya Saha underlined the significance of its security measures, which include CCTV cameras, secured doors, and hygienic washrooms. These enhancements not only ensure safety but also elevate the comfort levels for female passengers embarking on long overnight journeys, ultimately aiming to transform their travel experience.

The business of running a hospital: Balancing profitability, patient trust and scale
A hospital’s financial health depends on more than occupancy and revenue, requiring a careful balance of cost control, cash flow and patient trust.

Airlines seek govt support to protect Mumbai Airport slots
Airlines at Mumbai airport are urging civil aviation ministry intervention regarding proposed capacity reductions planned for next April. Operator Mumbai International Airport Ltd intends to shift part of its international flight schedule to Navi Mumbai International Airport. While some airlines have consented to the changes, others seek more time to adapt to the new airport's infrastructure.

Starting your MF journey this Diwali? Experts suggest adding flexicap, midcap funds & avoiding overlapping schemes
With Diwali just around the corner, many individuals are contemplating the best time to embark on their investment journey through mutual funds. Experts advise initiating a well-rounded strategy that features a mix of flexi-cap, mid-cap, and large-cap funds. New investors should embrace systematic investment plans to cultivate disciplined investing habits while steering clear of trying to time the market.

State-run general insurers to submit turnaround plans
State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.
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