MOBILITY SECTOR

Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%

Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled the price ceiling for electric cars to Rs 20 lakh. M&M led the gains, followed by Ola Electric, Hyundai Motor India and TVS Motor Company.

'50 crore out of poverty': Piyush Goyal says India's next big aspiration is better mobility

These 7 private and public banking stocks have an upside of up to 20% in one year, according to analyst

When FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So the very thing that worked against these stocks when the FPIs were selling has started to work for them now that the foreigners are buying. Monday saw the first clear sign of it.

India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal

Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.

India’s product landscape is changing: Which products are setting the benchmark across technology, finance, and consumer markets?

The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.

Bank holiday on Diwali/Bali Pratipada? Are banks open or closed today on November 10, 2026?

Bank holiday today: Bank branches in few states will be closed on November 10, 2026. This closure is due to the observance of Bali Pratipada and other festivals. Customers will be unable to conduct branch transactions on this day. However, digital banking services will remain available for various transactions. Customers can utilize UPI payments, ATM cash withdrawals, and online banking facilities during the holiday.

Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam

Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.

Meet Spencer Huang, Jensen Huang's son, who is building Nvidia's robot future as Director of Product Management for Robotics

Nvidia CEO Jensen Huang had a close relationship with alleged Chinese spy Alice Huang. Now, the investigation into the matter will be overseen by a committee of independent directors. The latest developments have brought back attention to Jensen Huang's family, including his wife, and two children, Spencer and Madison.

Karnataka, Uber discuss passenger safety, regulatory issues and urban transport

Karnataka Minister Priyank Kharge recently met with the Uber India Public Policy team to discuss urban mobility. The discussions emphasized passenger safety, regulatory issues, and improvements in urban commuting services. Kharge mentioned that further engagement with ride-hailing platforms will enhance public transportation. Additionally, initiatives like the Bengaluru Urban Mobility Mission are underway to address traffic management and safety.

AI Can Measure How ESG Really Impacts the Bottom Line

Advances in large language models are making rigorous sustainability analysis dramatically faster and cheaper, allowing investors and other stakeholders to connect companies’ disclosed environmental and social risks directly to financialperformance in a matter of hours rather than weeks. Applying a simple methodology to ExxonMobil, the authors used AI to map sustainability-related issues to specific financial statement line items and estimate their impact on earnings and value, demonstrating both the promise and the limitations of AI-assisted analysis. As these capabilities become widely accessible, the competitive advantage long held by ESG ratings agencies, standard setters, and sustainable fund managers may erode, shifting attention from proprietary scores toward transparent assumptions and financial consequences. Human judgment remains essential to validate AI-generated outputs, but the broader trend is clear: sustainability analysis is becoming more democratized, financially grounded, and adaptable, with significant implications for how investors, regulators, and other institutions assess corporate performance and value creation.

Airtel says prepaid plan tweaks are only a trial, calls for industry-wide shift in data pricing to lift ARPU

Airtel has told analysts that its prepaid plan changes were an experiment to raise average revenue per user, not a structural pricing fix. MD Shashwat Sharma said sustained ARPU growth would require users to pay more in proportion to data consumption, arguing that India's telecom sector underprices heavy usage.

India finalises association with Horizon Europe for research and innovation collaboration

India has concluded negotiations with the European Union to associate with Horizon Europe for research cooperation. The agreement aims to create a long-term framework for collaborative R&D projects between India and the EU. Indian researchers will have access to European consortia and cutting-edge research infrastructure through this partnership. The collaboration seeks to deepen talent mobility and co-develop critical technologies and standards effectively.

Want only serious players, no place for frivolous applicants in Semicon 2.0: Vaishnaw to industry

On Friday, the government launched the web application portal for Semicon 2.0, which will initially receive applications related to three of the programme's six pillars: machines and materials, fabs, and packaging. Guidelines have so far been issued only for these three pillars, and the portal is now inviting applications for them. Other three areas pertain to design, R&D and talent.

Offline Aadhaar verification to get easier for users as UIDAI onboards 300 entities to complete process

UIDAI has successfully onboarded 300 Offline Verification Seeking Entities since the launch in January 2026. This initiative aims to enhance Aadhaar-based offline verification across various sectors including healthcare, education, and hospitality. Users can now complete identity checks without submitting physical copies of their Aadhaar cards.

Siemens Q2 Results: Profit grows 5% to Rs 504 crore

Siemens Limited announced a consolidated net profit of Rs 504 crore for the quarter ending September 30, 2026. This represents a 4.78% increase compared to the previous year's profit of Rs 481 crore. Revenue from operations grew significantly to Rs 5,734 crore, up from Rs 4,900 crore a year prior. Additionally, new orders reached Rs 6,228 crore, a notable 38% increase year-over-year.

Aadhaar App: 300 organisations adopt offline verification system; users can verify identity without photocopies

In a significant move, UIDAI has rolled out its offline verification service to incorporate 300 organizations spanning diverse sectors like hospitality, healthcare, education, and consumer services. This initiative enables users to validate their identities through the Aadhaar App, which boasts upgraded security features. Consequently, the requirement for physical Aadhaar cards during transactions is eliminated, showcasing the increasing importance of Aadhaar in routine transactions, extending well beyond governmental functionality.

Largecaps could finally have their day in Samvat 2083, says TCG AMC’s Shahzad Madon

Largecaps, which have lagged mid- and smallcaps for much of 2026, could finally regain market leadership in Samvat 2083 as investors turn to businesses with stronger balance sheets, credible management and sustainable earnings growth, according to TCG AMC’s Shahzad Madon.

Manipur Chief Minister announces new handloom department at MANITEX 2026 to boost local artisans

Manipur Chief Minister Yumnam Khemchand Singh has announced a future upgrade for the Handloom and Handicrafts sector. The government is considering establishing a full-fledged department dedicated to this important economic area. During his speech at the Manipur International Textile Expo, he emphasized the sector's contribution to the state's identity.

Centre launches ninth auction tranche for 20 critical mineral blocks, third round of exploration licences

The mines ministry has launched the ninth tranche of auctions for 20 critical and strategic mineral blocks, alongside the third tranche for exploration licence blocks. Of the 100 unique blocks offered in the first eight rounds, 64 have been auctioned. The move aims to strengthen mineral security and attract private exploration investment.

Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas

Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.

LG Electronics India Q2 Results: Net profit jumps 27% YoY to Rs 489 crore; stock climbs 5%

LG Electronics India reported a net profit of Rs 489 crore for the second quarter of FY27, which is an increase. The profit jumped 27% year-on-year compared to Rs 389 crore from the same period last year. Revenue from operations totaled Rs 7,380 crore, showing a rise of 19.5% from Rs 6,174 crore previously. Following the earnings release, shares of LG India surged nearly 5% on the BSE exchange.

Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore support

The Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative supports both hydro pumped storage and battery energy storage systems aimed at accelerating renewable energy. Additionally, a scheme has been approved for processing critical minerals like lithium and nickel to reduce import dependency. The government aims to modernize its statistical system with a ₹4,371.10 crore scheme.