NEW ORDER
NCLT approves merger of Jana Holdings with Jana Capital
NCLT approved the amalgamation of Jana Holdings Ltd with Jana Capital Ltd effective November 3, 2026. Both companies belong to the promoter group of Jana Small Finance Bank Limited. The amalgamation aims to eliminate the Non-Operative Financial Holding Company layer while ensuring a seamless transition of assets and liabilities. Jana Holdings was established in January 2017 for regulatory compliance and will be dissolved post-merger.
Tenant’s son sold landlord’s property to two buyers despite 2005 SC eviction order; Madras HC rejects buyers’ plea for this reason
A tenant family sold property belonging to landlord Mr Paulin despite a Supreme Court eviction order. The Madras High Court found the sale invalid since the tenant's son had no legal right to sell. After the landlord sought cancellation of the transaction, the new buyers attempted to restrain him. The Court ruled that the buyers' claim was an abuse of legal process.
CM Yogi Adityanath promotes UP's 'bulldozer brand', invites CNH to manufacture them alongside tractors
Chief Minister Yogi Adityanath advocated for CNH Industrial to manufacture bulldozers in Uttar Pradesh alongside tractors. He emphasised the positive transformation of the state since 2017 under the Modi-led government. Adityanath attributed improvements in law and order to a strong government policy against crime and criminals. The state has become a favorable destination for business investments, attracting foreign companies. He acknowledged local contributions to the region's development, especially in Jewar.
HFCL secures Rs 834 crore export orders, eyes AI data centre demand
Telecom gear maker HFCL has announced an export order worth approximately Rs 834.36 crore. This order is for supplying optical fibre cables to an unnamed international customer. The completion of the order is projected by June 2027, reaffirming client confidence in the company's capabilities. Additionally, HFCL's consolidated profit has dramatically increased, driven by demand from AI data centres.
Yes Bank bondholders press for compliance with Supreme Court's AT-1 order
Yes Bank bondholders filed a contempt petition in the Supreme Court regarding the restoration of AT-1 bonds. The Supreme Court upheld a ruling that set aside the lender's write-off of 84 billion rupees in bonds. Axis Trustee Services, representing the bondholders, asked for directions to enforce the court's ruling. Yes Bank had not complied with the restoration order, prompting the trustee's legal action.
Govt bans export of unsorted battery waste, scrap
The government has implemented a ban on the export of unsorted waste and scrap from certain batteries. This ban applies specifically to primary cells, batteries, and electric accumulators lacking hazardous substances. The Directorate General of Foreign Trade issued a notification establishing this prohibition, which is effective immediately. Previous regulations classified these exports as 'Free', but now they are categorized as 'Prohibited'.
Green hydrogen demand slump delays electrolyser projects to August 2027
Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilities from December 2026 to August 2027, with MNRE allowing them to retain eligibility under the PLI scheme. The delay reflects slower-than-expected order flows, as green ammonia projects awarded under the government’s green hydrogen programme are yet to reach financial closure and place orders.
Tanker carrying Russian diesel halts off US coast, shipping data shows
President Donald Trump last month announced a surprise deal with Moscow to import diesel from Russia to help lower prices at the pumps ahead of this month's US midterm elections.
"Fabricated, malicious attacks": India rejects US court order involving officials in Sikh separatist Pannun case
India's Ministry of External Affairs has rejected a lawsuit against its officials filed by Sikh separatist Gurpatwant Singh Pannun. The US court allowed Pannun to pursue service of summons on Indian officials through local courts. Pannun's claims involve alleged assassination plots that remain unproven in civil proceedings. Indian officials firmly deny involvement in these allegations and emphasize legal document protocols.
There's deemed suspension if public servant is kept in judicial custody for over 48 hours: SC
The Supreme Court reiterated that public servants arrested and in judicial custody for over 48 hours face deemed suspension. In the case of Vishwajeet Singh, administrator of Sadar Hospital, the court restored his bail. Singh was accused of demanding a bribe for clearing a contractual worker's wages, which raised concerns. The court noted Singh was reappointed to the same position after his suspension was revoked.
Tenneco India explores diversifying beyond auto sector, eyes M&A
Tenneco Clean Air India is exploring acquisitions to diversify beyond the automotive sector, with potential targets in railways, aerospace and defence. CEO Arvind Chandra said the debt-free company has the cash to fund sizeable deals and is seeking businesses with strong technology, margins and an India growth opportunity.
AI power rush sends data centres hunting for used turbines and jet engines
Utilities and developers are increasingly looking for second-hand gas turbines as new equipment takes longer to produce. Orders for gas turbines are significantly outpacing manufacturing capacity and are projected to reach 129 gigawatts. The AI data centre boom is driving demand and leading to higher prices for gas turbine equipment.
Samvat 2083 begins: Will the good times roll for Indian businesses?
Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and the RBI’s upgraded FY27 growth forecast point to economic resilience. But weak hiring, easing manufacturing momentum, food inflation and crude oil risks cloud the outlook.
Muhurat trading 2026 today: Date, time, settlement rules, and other key things investors should know
Muhurat Trading time and settlement rules: Indian stock markets will hold a special Muhurat Trading session on November 8, from 2:20 pm to 3:30 pm, marking the beginning of Samvat 2083. The Diwali tradition symbolises prosperity, with special trading schedules across equity and commodity markets.
The Elder Scrolls: Shadows Of Oblivion: Release date, cost, pre-order, new items and features
The Elder Scrolls: Shadows Of Oblivion is launching on November 30 and acts as an expansion for The Elder Scrolls: Betrayal of the Second Era’s Heroes of Tamriel board game. The expansion is based around the Daedric princes. The game adds new enemies, skill and fatigue dice, and a hedonism system. It can be pre-ordered for £20.99 and can be played with 1 to 4 players.
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.
Zomato increases delivery coverage up to 40 km under new ‘Limitless Delivery’ feature
Zomato has launched a new feature called 'Limitless Delivery' for its customers. This feature enables ordering food from restaurants up to 40 kilometres away, expanding delivery radius. The service aims to make more restaurants accessible to customers across various cities. Currently, Limitless Delivery is operational in seven major cities, including Bengaluru and Delhi NCR. This innovation offers convenience to users who wish to order from their favorite restaurants not nearby.
New orders & robust demand lift India's October services growth to 4-month high
Growth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Services Business Activity Index rose to 55.8, reflecting improved business conditions. Conversely, manufacturing activity showed a slight decline, easing to a PMI of 54.7. While input prices continued to rise, the rate of increase was the slowest in over six years.
When Hardik comes back, our number 7 and 8 will be sorted: Shubman Gill
India's captain, Shubman Gill, emphasizes the importance of Hardik Pandya for the team's ODI balance as he recovers from injury. Pandya's unique skills are crucial for the lower middle-order positions, particularly for batting and bowling. Gill has been in contact with Pandya and anticipates his return to competitive cricket.
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