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Tata Projects bags Dhaka Metro underground works contract with Japanese partners
Tata Projects, in collaboration with Nishimatsu and Toda, has obtained a contract for the Dhaka Metro project. This contract involves constructing a 5.2-km underground metro line with three stations. The project aims to modernize public transport, improve connectivity, and reduce congestion in Dhaka. Funding for the project is provided by the Japan International Cooperation Agency (JICA). Tata Projects emphasizes its expertise in executing complex metro infrastructure alongside global partners.
Amazon Prime Refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection
Amazon Prime Refund: Amazon has agreed to pay $3 million to eligible Prime customers in Arizona to settle allegations that its six-step membership cancellation process made it difficult for subscribers to end their memberships. The company will also contribute $1.5 million towards consumer protection, pay $1.5 million in legal expenses and donate $1 million to food charities. Amazon has denied wrongdoing.
Is Veterans Day a Federal Holiday? Are banks and post offices open? Here's what's open and closed on November 11
Veterans Day will be observed on November 11, 2026, impacting many services across the United States. Federal offices and banks are likely to be closed due to the holiday, which celebrates military veterans. However, private delivery companies and US stock markets will remain open during this day. Most retail stores and restaurants are expected to operate normally and may offer promotions.
When is Veterans Day 2026? Are post offices, USPS, UPS and FedEx open or closed? Is there mail delivery?
When is Veterans Day?: Veterans Day 2026 falls on Wednesday, November 11. USPS post offices will be closed and regular mail delivery will be suspended on Veterans Day, while UPS will operate normally and FedEx will follow a modified service schedule. Regular USPS services will resume on Thursday, November 12.
Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?
The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such as IT and pharmaceuticals showed weakness amid inflationary pressures. Automobile sector leaders like Maruti Suzuki and Bajaj Auto reported significant growth in sales and exports. L&T's orders surged, while the cement sector faced challenges with fluctuating prices.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
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Pharma industry steps up API investments to cut import dependence, move up value chain
India's pharmaceutical sector is shifting towards high-value medicines and reducing reliance on imports through local manufacturing. Investments in active pharmaceutical ingredients and advanced therapies are on the rise to meet new healthcare demands. Industry leaders highlight the significance of supply-chain resilience and advancements in manufacturing capabilities. Recent data indicates strong domestic market growth and increasing pharmaceutical exports.
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giants
Quick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are experiencing significant growth in orders and customer engagement during the festive season. Quick-commerce is projected to account for a larger share of online retail, boosting convenience for consumers. The demand for immediate shopping solutions is prompting a shift in purchasing behaviours.
Diwali 2026 Gift Ideas: What India Is Actually Buying This Year — From Gourmet Hampers to Smart Gadgets
In 2026, Diwali gifting trends are shifting towards practical and personalized choices, moving away from the classic sweets. Gifts in demand now include gourmet food, home décor, electronics, and items reflecting personal style. Additionally, many are opting for wellness products and experiential gifts. It’s important to align gifts with the recipient's tastes and budget, as meaningful selections carry more weight than opulent choices.
Chip stocks bounce up to 8% as US stock futures recover after Thursday’s stock market crash - Jefferies says sell-off was ‘reactionary, not a reset’
Chip stocks bounced back before Friday's market open after Thursday's brutal sell-off sent the Philadelphia Semiconductor Index down 12.2%. Nvidia, AMD and Intel recovered, while Aehr Test Systems, Camtek and Cohu also posted strong gains. Jefferies called the sell-off "reactionary, not a fundamental reset."
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
Nykaa Q2 Results: PAT soars 207% YoY to Rs 101 crore, revenue up 28%; co to acquire 82% stake in Simply Nam
Nykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion businesses accelerated growth, while quick commerce, owned brands and strategic acquisitions strengthened expansion.
From GST to e-invoicing: Closing the loop on Digital India
India has already built the rails. It is time to let the invoice travel on them.
TVS-owned Norton unveils 450 cc urban bike to win a new generation of riders
Norton Motorcycles has announced a new 450 cc urban motorcycle set for launch in 2027. The motorcycle features a liquid-cooled engine and advanced connectivity options. It follows the introduction of four new-generation motorcycles presented at EICMA 2025. Additionally, Norton plans to expand its retail network internationally, including new entries in India and the United States.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chief
Lahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need for restoring these commercial ties to stimulate mutual benefits. The suspension has escalated costs for essential goods that are typically imported from India. Industries, particularly textiles and pharmaceuticals, have struggled to cope with rising transportation and sourcing expenses.
Gen Z rewrites festive gifting with AI-assisted picks, artisanal hampers and self-gifting
Gen Zers are embracing self-gifting while shopping for family and friends. Personalised gifts reflecting interests and lifestyles are becoming the norm during festivals. There is an increasing focus on supporting small businesses and understanding product provenance.
Mondelez International upbeat on India despite cost pressures
The maker of Cadbury chocolates and Oreo biscuits added about 130,000 outlets in India during the third quarter ended September, as it pushes deeper into the country's fragmented retail market. It sees considerable headroom for further distribution expansion, alongside opportunities to increase the number of products stocked by existing retailers.
Rafale makes first landing on INS Vikrant aircraft carrier: Watch video
A Rafale Marine fighter jet landed on India's indigenous aircraft carrier INS Vikrant for the first time on October 29, completing the landing on its maiden attempt. The trial marks a key milestone in the Navy's efforts to integrate the aircraft, acquired under India's Rs 63,000 crore deal with France for 26 naval fighters.
IIT Guwahati, Tata Electronics join hands to build semiconductor talent pipeline
IIT Guwahati has signed an MoU with Tata Electronics to establish a Centre of Excellence for semiconductor education. This collaboration aims to develop educational programmes that align with industry needs and create skilled professionals. Additionally, the partnership will provide hands-on training opportunities for students at Tata Electronics. It includes developing relevant course content and training faculty from various institutions.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
Antala Industries SME IPO opens today: Check price band and key details
Antala Industries’ Rs 23.33 crore SME IPO opens on October 29, 2026, and closes on November 2. Priced at Rs 63–67 per share, the fresh issue will fund working capital, machinery purchases and general corporate purposes. The packaging manufacturer reported strong FY26 growth, with total income rising 49% and profit after tax increasing 133%.
PM Modi reviews projects worth over Rs 16,000 crore across 31 States, UTs at 54th PRAGATI meeting
Prime Minister Narendra Modi chaired the 54th PRAGATI meeting to evaluate infrastructure projects worth over Rs 16,000 crore. The meeting focused on enhancing railway station redevelopment and boosting local pharmaceutical manufacturing. PM Modi emphasized the importance of timely execution of projects and inter-agency coordination. He also highlighted the need for supporting local artisans through Ekta Malls and maintaining close monitoring on these initiatives.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
When a market is as jittery as it is right now, poor numbers are treated harshly. A new-age company in the business of buying and selling used cars reported numbers that fell short, and the street punished the stock severely. But it is not just the clear misses. Anything that is well-owned and presents disappointing numbers is seeing double-digit cuts.
Railways to launch door-to-door parcel services
Indian Railways plans to introduce a door-to-door parcel service using the Rail Parcel App in eight cities. Customers in Delhi, Mumbai, Kolkata, Chennai, and other cities can book pickups and deliveries. Logistics partners will manage first-mile and last-mile services, while the railways will transport parcels. Bookings can be made online, easing the logistics burden for customers. Refunds for cancellations will also be available under specific conditions.
He wanted coffee lovers to explore new countries through every cup. How Michael Shewmake built a $22 million coffee subscription business
Michael Shewmake started Atlas Coffee Club with $5,000 and a plan to help people discover coffee from around the world. From its colourful packaging to monthly deliveries of single-origin beans, the subscription business grew to $22 million in annual recurring revenue by 2023, according to a 2024 business profile.
Jeep Compass gets new 9-speed automatic diesel variant; check price, features, delivery date
Jeep India has announced the launch of the Compass Sport FWD equipped with a 9-speed automatic transmission. This new variant is priced at ₹21.99 lakh and is the most affordable automatic version of the Jeep Compass. Customers will benefit from additional features like six airbags, cruise control, and a touchscreen infotainment system. The availability of optional accessory packs enhances customization for buyers.
‘Massive protests would erupt’: NRI says South Korea’s strict waste rules like dumping only washed food boxes and no onion peels in bins are unthinkable in India
An Indian content creator living in South Korea has highlighted the country's strict waste disposal rules, including washing plastic food containers, removing tape from cardboard boxes and using designated garbage bags. The creator also cites Rs 60,000 in monthly apartment maintenance and suggests similar rules could spark protests if implemented in India.
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