NETWORK CAPACITY UPGRADE
Microsoft says services fully restored after hourslong global outage
Microsoft has successfully restored functionality after a widespread outage that disrupted Microsoft 365 applications used globally. Key services like Outlook, Teams, and AI assistant Copilot were affected, impacting various sectors including finance, healthcare, and transportation across 70 countries. The company reassured users that the disruption stemmed from a network capacity upgrade rather than a cyber attack, and they expressed sincere apologies for any inconvenience caused during the incident.
Microsoft says sorry for global outage as it traces disruption to network upgrade issue; adds all products now operational
Microsoft services like Outlook and Teams faced a significant outage impacting users globally for over a day. The disruption began on Thursday, November 12, and continued into Friday, leading to severe communication issues. Microsoft reported gradual improvements in service restoration across affected areas during the outage. Many users still encountered intermittent access problems and delays in email delivery as the company worked on a resolution.
Microsoft blames network upgrade issue for outage, rules out cyberattack and AI agents
Microsoft said the outage was caused by an issue during an earlier network capacity upgrade. The problem surfaced after a recent change to its network infrastructure.
CleanMax plans ₹50,000-crore investment in Andhra Pradesh to power 2 GW green compute factory
CleanMax Enviro Energy Solutions Ltd has signed an MoU to invest ₹50,000 crore in Andhra Pradesh for developing clean energy. The investment will include 3 GW of renewable capacity and a compute factory in Kurnool district. They plan to ensure round-the-clock electricity through integrated power infrastructure combining wind, solar, and storage systems. Additionally, CleanMax will implement training programs for local youth and upgrade educational infrastructure.
Nvidia's Asian supply chain prepares for life after Huang
Nvidia faces a turbulent leadership landscape as the board evaluates CEO Jensen Huang's future amidst scandals. Asian suppliers are on alert, considering how the situation might disrupt operations and impact their partnerships, particularly in the booming AI sector. While the potential for investment slowdowns raises concerns, some analysts cautiously predict minimal immediate disruption on production fronts.
India may open doors to multinational pharma firms for first-in-human Phase I trials
India is considering modifications to its pharmaceutical regulatory framework to attract multinational companies for clinical trials. Discussions have commenced regarding allowing these companies to conduct Phase I trials in India. Authorities aim to enhance India's appeal for global drug innovation and development. Strengthening manufacturing compliance over the last two years has also been part of the plan.
Cathay Pacific to buy 11 Airbus aircraft for US$5.1 bn
Cathay Pacific has ordered 11 Airbus A330-900 aircraft worth US$5.1 billion to expand its regional network and increase passenger and cargo capacity. Deliveries are expected between 2031 and 2035. The Hong Kong airline also ordered three Airbus A321neo aircraft for its budget carrier HK Express to support growth on short-haul routes.
91% of Mumbai airport's international traffic to remain unaffected by Terminal 1 redevelopment
Mumbai's Terminal 1 redevelopment will leave around 91% of international passenger traffic unaffected, with 39 of 50 international airlines continuing operations at CSMIA. Eleven carriers may shift select services to Navi Mumbai International Airport from March 2027, as the revamp aims to address structural concerns and raise Terminal 1's annual passenger-handling capacity by 33% to 20 million by March 2029.
When AI starts operating machines, the network becomes industrial infrastructure
As manufacturing and automation expand together, networks built to serve billions of people will increasingly serve tens of billions of machines and AI agents as well. Treating those connections as industrial infrastructure, and planning them for that scale, will determine how well physical AI works once deployments move from individual use cases to whole industrial environments.
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential.
Planning to buy smartphone? Prices to rise 30% soon, says Jefferies report
Smartphone prices could rise by nearly 30%, particularly in the budget segment, as surging demand for memory chips from AI companies pushes up manufacturing costs. A Jefferies report warns that higher component prices could force consumers to delay purchases, choose second-hand phones or spend more on expensive models. Global smartphone shipments are also expected to decline in 2026 and 2027.
LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target price
LG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 target price. The brokerage expects 21% EPS CAGR through FY29, driven by premiumisation, capacity expansion and new business opportunities.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
Airbus wants more 'Made in India' aircraft parts: From titanium to complex assemblies, here's what company plans to source next
Airbus plans to increase its annual sourcing of components and services from India to USD 2 billion before 2030, up from the current USD 1.6 billion. India head Jurgen Westermeier called the country a "very important market" and stressed the need to strengthen local manufacturing, MRO infrastructure and aviation training as the country's aircraft fleet expands.
Most wanted stocks 2026: 6 stocks mutual funds are buying even as markets slump
Stock market investors are growing wary as prices continue to drop amid broader economic issues. Nevertheless, mutual fund managers are optimistic, identifying many investment opportunities during this downturn. The article identifies six stocks that have seen a rise in mutual fund investments, showcasing their resilience and growth potential during tough times. This analysis offers investors valuable insights to enhance their future strategies.
Isro successfully launches NVS-03 satellite to bolster NavIC constellation
The rocket lifted off from the second launch pad at the Satish Dhawan Space Centre in Sriharikota at 11.51pm. After a flight of around 18 minutes and 40 seconds, the satellite was precisely injected into its designated elliptical orbit.
Max Healthcare to add 209 beds with Rs 415 crore capex; Q2 network profit rises 10% to Rs 448 crore
Max Healthcare has approved a significant capital expenditure to expand bed capacity at its hospitals. The investments include adding 209 beds at three different locations to meet healthcare demands. BLK-Max Hospital will also feature a new multi-level parking tower as part of the expansion. In addition, the network's operational bed capacity has increased substantially over the past year. This expansion reflects the growing need for quality healthcare services across India.
3 Warning Signs Your Supplier Is in Distress
Suppliers to multinational corporations are under growing pressure from tariffs, logistics disruptions, compliance demands, and repeated global shocks, yet many buyers still rely on conventional indicators—audits passed, orders filled, service levels met—that can obscure deeper distress. Supplier weakness often appears first not as outright failure but as a gradual retreat: range thinning, when suppliers stop investing in innovation and improvements; descaling, when they reduce capacity, defer upgrades, or lose resilience; and withdrawal, when they quietly stop bidding, decline complex work, or exit parts of the network. By assessing supplier health across innovation, investment, capability, service resilience, commercial participation, and network position, executives can detect early warning signs before a valued partner disappears. The right response depends on the stage of distress: protect innovation through cost-sharing and co-investment, protect capability through operational support and simpler governance, and protect optionality through targeted retention plans and stronger supplier voice mechanisms.
Mumbai Airport T1 capacity to rise 33% to 20 million passengers after redevelopment: Adani Airports
Adani Airports is planning to redevelop Terminal 1 at Chhatrapati Shivaji Maharaj International Airport to improve passenger capacity. The capacity will increase from 15 million to 20 million passengers annually with supporting infrastructure. Some flight operations of IndiGo and Air India will shift to Navi Mumbai International Airport during the redevelopment process. This transition aims to alleviate capacity constraints at the current airport facility.
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