GROUPS
Overall, India Inc credit profile looks healthy: Ramnath Krishnan, Icra Group CEO
Corporate India's credit profile has maintained strength following a period of deleveraging post-Covid, although external pressures exist. While rating upgrades continue to outnumber downgrades, specific sectors like chemicals and airlines face challenges. The potential for a drop in credit ratios exists, dependent on geopolitical factors and inflation rates. Companies remain hesitant to invest heavily amid uncertain consumer demand, leading to muted private sector capex.
Group health insurance claims: 5 common claim deductions and disputes employees should know about
Most group plans cover pre-existing diseases from day one, and individual employees are not medically underwritten. Barring a few exceptions, disputes are rarely about whether a claim is admissible. They are mostly about deductions.
Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company has made similar acquisitions, including Gloind Vintage Infra for Rs 519 crore.
Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
France braces for protests on Saturday as Yellow Vests urge 'mass disobedience'
French unions, student groups, and the Yellow Vests movement are preparing for protests in Paris on Saturday. The protests aim to address the increasing cost of living while demanding improvements in wages and living conditions. Authorities are set to deploy 70,000 police officers to manage the demonstrations, which follow recent unrest. The protests will also focus on issues impacting young people and pensioners across the nation.
Noel Tata to retire as Titan vice-chairman on November 12 after turning 70
By November 12, 2026, Noel N. Tata will step down from his positions at Titan Company Limited, adhering to the Tata Group's governance norms on the retirement age for directors. He has been a part of Titan's board since March 2022 and has filled several important roles within the Tata Group.
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DLF to invest Rs 3,750 crore for majority stake in JV with Everstone for IREO assets
DLF plans to invest Rs 3,750 crore to obtain a majority stake in a partnership with EverstoneGroup. The joint venture will focus on IREO Private Limited and other entities within the IREO group in India. It aims to acquire at least a 20% stake in the IREO India companies to secure governance rights. This transaction remains subject to regulatory approvals and is expected to conclude by 2027.
Neo Group announces launch of Neo Mutual Fund; appoints Ashutosh Bhargava as CEO
Neo Group has entered the mutual fund business with the launch of Neo Mutual Fund, expanding its wealth and asset management operations. Led by Ashutosh Bhargava and Sudeep Aggarwal, the fund house plans to introduce schemes across liquid, arbitrage, diversified equity and multi-asset allocation categories, subject to regulatory approvals.
New to a WhatsApp group? Here's how Android and iOS users can access recent chat history on WhatsApp
WhatsApp's new feature lets group members share recent message history with newcomers, helping them catch up on conversations they missed. Users can choose how many messages, including pinned messages, to share. The feature works when adding members directly or when someone joins through an invite link. Here's how Android, iOS and desktop users can use it.
Adani’s copper smelter targets up to 85% utilisation by March on assured supplies
Adani Group’s Kutch Copper expects to increase smelter capacity utilisation to 80-85% by March, against its earlier target of 75%, as long-term contracts help secure copper concentrate amid tight global supplies. The smelter operated at 64% utilisation in the September quarter, producing 80,200 tonnes.
ING puts $500 million of data center loans up for sale
This includes a $25 million loan tied to a large New Mexico data center that forms part of the Stargate artificial intelligence infrastructure venture backed by OpenAI, SoftBank Group and Oracle, the report said.
Big tech, green groups in talks over data center guardrails
The "Responsible Data Center Collaborative" counts Google, Meta, Microsoft, Oracle, Amazon, Nvidia and Anthropic among its members, alongside environmental stalwarts the Natural Resources Defense Council (NRDC), World Wildlife Fund (WWF) and Sierra Club.
Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectors
Jai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel for railways, defense and aerospace applications, along with renewable energy initiatives. The expansion is expected to create over 20,000 employment opportunities in the region. Additionally, the company aims to enhance its production capabilities in precision engineering and specialized copper products.
Iran war, doubling fuel prices knock 66% off Emirates' first-half profit
Emirates Group's first-half net profit plunged 66% to $1 billion as the Iran war disrupted flights across the Gulf and doubled jet fuel prices. Passenger numbers at Emirates airline fell 22%, while cargo revenue rose 52%. The Dubai-based group is relying on cash reserves as geopolitical uncertainty clouds its outlook.
DBS Group Q3 net profit falls 5% to S$2.81 billion, misses estimates
DBS Group reported a 5% year-on-year decline in third-quarter net profit to S$2.81 billion, missing analyst estimates due to weaker market trading income. The bank also announced dividends and a leadership transition, with Anthony Lim set to become chairman in January 2027.
US Stock Market today: S&P 500, Nasdaq, Dow Jones jump after midterm elections results, Wall Street investors send direct messages to Donald Trump, Elon Musk, check top stock prices
US Stock Market today: Donald Trump’s social-media company, Trump Media & Technology Group, was one of the market’s bigger losers, down 24.5 per cent. Elon Musk’s businesses also struggled. Tesla fell 3.3 per cent, and SpaceX sank 3.8 per cent.
JSW Group's Sajjan Jindal meets Bengal CM Suvendu Adhikari to discuss investment plans
Sajjan Jindal's JSW Group had signed a historic agreement during the Left Front regime in 2007 to set up a mega integrated steel, power, and cement complex in West Midnapore's Salboni, which was around Rs 35,000 crore, it was the single largest private investment ever pledged to West Bengal at the time.
Sebi sets up working group to review Innovators Growth Platform framework
SEBI has formed a working group to review Innovators Growth Platform regulations and improve capital access for startups. The panel will examine listing eligibility, fundraising, investor participation, disclosures and migration to mainboards while safeguarding investor interests.
Democrats won back support from five key groups that shifted toward Trump in 2024: The AP Voter Poll
In the 2026 midterms, Democratic candidates saw increased support from various demographic groups, including young and Hispanic voters. Young voters under 30 mostly supported Democratic candidates compared to their previous split in 2024. Hispanic voters shifted back to Democrats, particularly evident in the Texas Senate race. Black voters, especially Black men, also returned to support Democrats after previously backing Trump.
Unknown numbers adding you to WhatsApp groups? Android and iOS users can change this setting to protect privacy
WhatsApp users can prevent unknown people from adding them to unwanted groups by changing their group privacy settings. Under Settings, go to Privacy and select Groups. Choose My contacts or My contacts except to restrict who can add you. The setting applies to new groups and syncs across WhatsApp Web and Desktop.
EloElo Group raises $80 Million in Series C funding led by Hornbill Capital, NBCUniversal
EloElo Group has successfully raised $80 million in a Series C funding round to expand its AI-driven entertainment ecosystem. The company's focus will be on producing new original content and launching international micro-dramas. With over 40 million active users, EloElo plans to enhance its AI production capabilities through Dolphin AI. The funding will also support the company's aggressive growth strategy across diverse language offerings.
Manipur govt may declare armed groups involved in civilian violence unlawful: CM Yumnam Khemchand Singh
Manipur Chief Minister Yumnam Khemchand Singh said the state Cabinet may consider declaring armed groups unlawful if their involvement in violence against civilians is established. He directed security agencies to identify groups suspected of involvement in recent violence, submit detailed reports and initiate necessary action under the UAPA.
Adani Group to seek $1.5 billion for data center financing
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.
Marathon Nextgen Realty to buy Adani Group's 60 pc stake in Mumbai project for Rs 335 crore
In a regulatory filing on Saturday, the company said its Board has "approved the acquisition of Adani Group's 60 per cent stake in 'Monte South' for a consideration of approximately Rs 335 crore".
SEBI chairman says market regulator keeping eye on Tata Group developments
The comments came amid differences over governance matters at Tata Sons, the group's holding company, including the reappointment of N Chandrasekaran as chairman and the question of its proposed listing.
IHCL and Ambuja Neotia Group announce new hotels in Kolkata and Siliguri
Ambuja Neotia Group plans to invest Rs 2,700 crore in West Bengal's hospitality sector, which includes new hotel launches. The newly opened AltAir House hotels in Kolkata and Siliguri are part of this initiative. A significant expansion of Taj Chia Kutir Resort & Spa in Darjeeling also forms part of the investment. The collaboration aims to enhance tourism and create unique travel experiences in the region.
Landmark Group acquires 22-acre land on Dwarka Expressway
Landmark Group has acquired a 22-acre land parcel on Dwarka Expressway for integrated development. The expansion includes a corporate project in Gurugram and mixed-use development valued at Rs 11,000 crores. Landmark One aims to establish a benchmark for office infrastructure with 2.1 million sq ft of leasable area. Rs 330 crores has been raised from SBI for the construction of the first phase.
Blackstone-backed ASK Group appoints Nehal Shah as Group Head of Legal, Compliance and Secretarial
Blackstone-backed ASK Asset & Wealth Management Group has appointed Nehal Shah as group head of Legal, Compliance & Secretarial to strengthen its regulatory compliance and corporate governance functions. Shah brings over two decades of experience across financial services and capital markets.
Brigade Group reports 29% growth in Q2 net profit at Rs 219 crore
Brigade Group reported a 29% year-on-year profit increase to ₹219 crore in Q2 FY27, despite lower revenue. Strong residential bookings, higher operating profit, robust leasing performance and hospitality growth supported earnings, while new project launches strengthened its development pipeline.
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