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Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devices
The central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Eligible officers can invest up to Rs 1,50,000, or Rs 1,80,000 for Make-in-India devices. After four years, these laptops can be kept, provided that all data is erased prior. In case of transfers or retirements, officers can retain laptops by settling the book value.
Ola Electric Q2 revenue slumps 39% to Rs 421 crore, losses narrow
The company said it has stopped orders from its direct-to-consumer stores on November 1, and plans to close them by December. The company, which had announced a pivot to a dealership model in August, now has 255 dealer partners operating over 300 stores, it said in the shareholder letter.
Ola Electric says demand outstrips supply, targets 25,000 vehicles in December
Ola Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up production to approximately 25,000 vehicles by December. Despite these plans, recent losses were reported along with a decline in consolidated revenue from operations. Ola Electric has significantly reduced its borrowings and expects to generate free cash flow soon.
Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%
Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 crore in the year-ago quarter.
Bulldozer rolls up to TMC MP Abhishek Banerjee's doorstep, footpath shed razed
Civic workers demolished a temporary bamboo shed outside TMC MP Abhishek Banerjee's residence to clear the footpath. The action was defended by Panchayat and Rural Development Minister Dilip Ghosh, citing local hardships. Banerjee claimed the authorities were targeting him due to political reasons, which escalated tensions between the TMC and BJP. This operation followed allegations of police surveillance conducted outside his residence.
Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision funds
Lenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according to SoftBank's earnings presentation released on Tuesday. The gains come as SoftBank continues to monetise its Indian investments, having sold shares worth more than Rs 9,300 crore in Lenskart and Meesho since June.
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Ola Electric shares jump 7% ahead of Q2 results, extends EV-policy rally
Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its preferred choice for government staff-car procurement. Investors are now awaiting the electric two-wheeler maker's Q2 results for signs of a recovery in its business.
Elon Musk hints at willingness to hire Jensen Huang if Nvidia fires him over affairs
Nvidia CEO Jensen Huang is under scrutiny for his extramarital affairs and possible ties to Chinese intelligence. Investigations have prompted Nvidia’s board to meet regarding his future within the company. Congress has also requested Huang to provide details about his interactions with Alice Huang. Support for Huang has emerged from prominent figures, including SpaceX CEO Elon Musk.
Emily Hanson-Miller's ThriftyFatty account was about more than just fashion; How she made plus-size travel visible
Emily Hanson-Miller, widely recognised as ThriftyFatty, passed away at the young age of 37, leaving a mark on social media with her emphasis on plus-size fashion and travel experiences. Her adventures in places like Paris inspired many, proving that exploration transcends body types. Loved by friends for her kindness and joyful spirit, her story urges the tourism sector to embrace diverse representations that celebrate every individual’s unique journey.
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.
Two former SpaceX engineers built a 25-pound machine that turns seawater into drinking water at the push of a button; here's how it works
It was co-founded by Jonathan Criss and Andrew Harner. Both are former SpaceX engineers. Criss is the company's CEO, and Harner is the COO. They gained engineering experience at SpaceX, and then applied aerospace-level precision and efficiency to the systems. It was reportedly designed for people who are outdoor enthusiasts, boat owners and living in remote locations.
US Secy of State Rubio defends Hegseth amid impeachment bid, says "Pete executed a direct order" from President Trump
US Secretary of State Marco Rubio expressed support for Secretary of War Pete Hegseth during an impeachment effort. Rubio argued that Hegseth acted on President Donald Trump's direct orders regarding military operations. He emphasized the necessity of addressing threats posed by Iran, Yemen, and Venezuela. In a press briefing, Hegseth defended the legality of these military actions and criticized the impeachment as politically motivated.
"Certainly not going to indulge in any finger pointing": Hegseth after JD Vance links Iran war to GOP midterm losses
US Secretary of War Pete Hegseth addressed concerns regarding military actions and ongoing impeachment efforts. He emphasized that military operations in Iran and other regions were lawful and necessary. Hegseth dismissed the impeachment resolution introduced by Representative Thomas Massie as a political stunt driven by personal motives. Despite criticism, he maintained the significance of the military's role in national security.
'A' plus plus plus grade: Trump praises Pete Hegseth's performance
President Trump has endorsed Secretary of War Pete Hegseth during his defense against impeachment initiated by Thomas Massie. Hegseth faces charges related to military operations in Iran, Yemen, and Venezuela which some lawmakers say violate the Constitution. His strong rebuttal emphasizes legality and stress over political motivations behind the impeachment resolution. The House is set to examine these allegations further, with proceedings currently underway.
'Exceptional, isn't it?': PM Modi congratulates Anuj Shrivatri on becoming India's 100th Chess Grandmaster
PM Modi congratulated Anuj Shrivatri for achieving the title of India's 100th chess Grandmaster. This achievement highlights the growing talent and popularity of chess among young players in India. Anuj Shrivatri won the 7th ASEAN Plus Individual Open Chess Championship, which secured his Grandmaster title. His accomplishment marks a significant milestone for both Indian chess and the state of Madhya Pradesh.
‘Election week isn’t finished!’ MAGA loyalist Lauren Boebert hits back after CNN projects loss to Democrat Eileen Laubacher, refuses to concede
Lauren Boebert is contesting the results of her congressional race against Eileen Laubacher in Colorado. As of November 9, Laubacher leads Boebert by approximately 3,400 votes with many ballots uncounted. Boebert emphasizes the need to count every vote before declaring a winner and cites Colorado's election laws. Meanwhile, Laubacher has declared victory, focusing on her goals if elected.
Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out
Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.
Samsung Galaxy S27 series: 200MP cameras, magnetic charging, new Pro model and other expected features
Samsung's Galaxy S27 series could introduce a new Pro model, built-in magnets for MagSafe-style accessories, improved privacy display technology and upgraded cameras. Here's a look at the expected specifications, including Exynos 2700 and Snapdragon processors, battery capacities, launch timeline and prices.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28% in 1 year, according to analysts
Despite the upbeat mood in the market, remember one thing: Valuations are still not cheap. Even after everything the market has been through, prices are not at a level you could call a bargain. So this is not a signal to rush in. It is a signal to stop treating every development as a threat, and to start weighing the good against the bad with a clear head, rather than a frightened one.
Sam Altman becomes Ram Altman: OpenAI CEO accepts suggestion, changes display name on X
OpenAI CEO Sam Altman has changed his display name on X to "Ram Altman" after facing online criticism over his remarks about the use of Random Access Memory (RAM) in personal computers. The controversy started after his appearance on the Cheeky Pint podcast, where he questioned whether allocating large amounts of memory to individual desktop and laptop users was an efficient use of limited global supplies.
World of Warcraft: Forever: How to preload, minimum and recommended PC system requirements and editions
World of Warcraft: Forever will launch globally on November 4, 2026 at 3PM PST. It will be released globally at the same time. At least 128GB of free space on SSD is required to play the game. Around 150GB can be left free for extra files and add ons of the game. Skyborne Heroic Pack, Skyborne Epic Pack and Warcraft Forever Collection are different editions of the game.
TVS RTR 125 unveiled: New sporty 125cc motorcycle brings racing DNA, aggressive styling & everyday practicality; check details
TVS Motor Company has unveiled the RTR 125 at EICMA 2026, expanding its European motorcycle line-up. Developed for A1 licence holders, the 125cc sports motorcycle targets young and first-time performance bike buyers. The company also showcased its wider portfolio, including the RR 310, RTR 310, Ronin, RTX 300 and special '82 Series editions.
Here's how two major AI companies are limiting usage of their AI models
OpenAI has enacted new rules that disallow the stacking of paid ChatGPT subscriptions on a single device or payment card. Users hitting subscription caps will encounter an error message, preventing them from activating more subscriptions. Many users have complained about GrokBot's rapidly declining usage allocations. Elon Musk admitted the rising costs are contributing to Grok user dissatisfaction.
X factor in Musk cocktail: AI synergies are real, but the proposed SpaceX-Tesla merger has red flags for shareholders
Elon Musk is exploring a potential merger between Tesla and SpaceX amidst rising valuations and technological collaboration. Both companies aim to enhance their capabilities in AI and related technologies while managing significant capital expenditures. However, the merger raises concerns about shareholder control and scrutiny over company operations. Additionally, the merger could face political scrutiny from both Beijing and Washington due to data privacy issues.
JAI - Japan, Australia, India: Rajnath Singh reaffirms close ties with Japan, Australia at meeting with counterparts
Defence Minister Rajnath Singh shared a picture with his Japanese and Australian counterparts, Shinjirō Koizumi and Richard Marles, with the caption “JAI: Japan, Australia, India”, underscoring cooperation among the three Indo-Pacific partners. On the sidelines of the 13th ASEAN Defence Ministers’ Meeting-Plus in Cebu, Singh held bilateral talks with both leaders to strengthen defence cooperation and coordination. He also invited Marles to attend Aero India 2027 in Bengaluru.
Whenever you feel 'demotivated' in life, rewatch an old video of Elon Musk from Tesla's near-bankruptcy days
Social media user Unnati shared an old video of Elon Musk pitching Tesla’s $109,000 Roadster in 2008, when the company was nearing bankruptcy. Musk explained how revenue from expensive cars would fund affordable electric vehicles. During the crisis, SpaceX secured a major NASA contract, while Tesla investors provided crucial funding to keep the automaker running.
E-bike startup Ultraviolette targets 10,000 monthly sales by 2027-end
E-scooters account for close to 20% of new scooter sales in India, while electric motorcycles make up less than 1% of new motorcycle sales, he added. He expects electric motorcycle adoption to pick up as more manufacturers introduce products, similar to the increase seen in e-scooter penetration over the past three years.
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