PROMOTER
India needs suitable evaluation matrix for awarding exploration and mining projects: NITI CEO
NITI Aayog CEO Anurag Jain underscored the development of an evaluation matrix for gold mining projects. The focus is on promoting technical competence and sustainable development of gold resources in India. Discussions revolved around improving geological data and regulatory approvals within the mining sector. The meeting also addressed the country's growing dependence on gold imports and limited exploration efforts.
Promoters’ stake hits 3-year high while FIIs sink to 14-year low: What it means for Indian stocks
Indian promoters raised their ownership in listed companies to a three-year high as foreign institutional investors' shareholding fell to a 14-year low in September 2026. Promoters bought shares worth Rs 6,595 crore during the quarter, while domestic mutual funds reached a record ownership level, narrowing the gap with FIIs.
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusion
IIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest Rs 5,000 crore. The fundraise, also involving promoter investments and Anchorage Capital, aims to strengthen capital adequacy, lower funding costs and accelerate growth in secured lending.
McDonald’s Pokémon Happy Meal 2026: Here's which collectible toys and trading cards you can get
McDonald's Pokémon Happy Meal is back in the US from November 10, 2026, with 15 collectible toys and 15 trading cards. Each meal includes two Pokémon TCG cards, including seven foil designs. The promotion features special packaging inspired by Pikachu, Umbreon and Torchic and runs while supplies last.
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 crore
IIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake. Co-promoters Nirmal Jain and R Venkataraman will contribute Rs 1,264 crore through warrants, while Anchorage Capital will invest Rs 150 crore.
IIFL Finance to raise Rs 6,414 crore through preferential issue; Blackstone to invest Rs 5,000 crore
IIFL Finance approved a Rs 6,414 crore capital raise led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake. Promoters Nirmal Jain and R Venkataraman will collectively invest Rs 1,264 crore through warrants.
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Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore
Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company. A minimum of 25 percent of the consideration is payable at allotment, while the remaining 75 percent will be payable later.
What 60 Years of Data Reveals About How Men and Women Experience Leadership
In 1965, Harvard Business Review surveyed 2,000 male and female executives to track perceptions of women in leadership. Since then, researchers have replicated that study every twenty years to gauge shifting attitudes toward women in top posts. In this latest installment, which includes responses from 193 senior U.S. executives, supported by in‑depth interviews and several new questions, researchers have found some troubling backsliding: Men and women now diverge sharply on whether women are judged more harshly, held to higher standards, and advance through genuinely meritocratic systems. The findings point not to overt hostility but to “underground bias”: informal sponsorship, subjective performance criteria, and unequal access to P&L roles. The researchers argue that organizations possess the tools to fix these gaps but have not yet summoned the will.
Blackstone set to acquire 15% of IIFL for Rs 5,000 crore
Blackstone will invest around Rs 5,000 crore for a 15% stake in IIFL Finance, while promoters Nirmal Jain and R Venkataraman will invest Rs 1,200 crore to retain their combined holding at around 25%. Mumbai-based investor Rohit Kothari, through Anchorage Capital, will contribute about Rs 100 crore, taking the total capital infusion to over Rs 6,200 crore.
National Chicken Sandwich Day 2026: How to get free Popeyes, KFC, Jollibee sandwiches, $2 McDonald’s McCrispy and more deals today
National Chicken Sandwich Day 2026: Fast-food chains are celebrating National Fried Chicken Sandwich Day on November 9 with free sandwiches, discounted meals and buy-one-get-one offers. Popeyes, McDonald’s, KFC, Burger King, Jollibee and Wingstop are among the participating brands.
DPIIT seeks Fillip for local mfg of 100 goods in budget
DPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to share its findings with the finance ministry for the FY28 budget recommendations. Commerce Minister Piyush Goyal met with Skoda Auto Volkswagen to promote electric vehicle manufacturing and increase localization. High import dependence is classified based on the percentage of domestic demand met by imports.
Yamuna's first recreational cruise to begin Tuesday
A recreational cruise service will begin on the Sonia Vihar-Jagatpur stretch of the Yamuna river. This initiative aims to enhance river-based tourism within the National Capital Region. Electric-powered cruise vessels will showcase clean and sustainable mobility along the waterways. The cruise service development involves multiple authorities, including the Inland Waterways Authority of India and the Delhi Development Authority.
Joe Biden health news: How serious is the ex-President's prostrate cancer as he says he will limit promoting his memoir 'Promise me America'
Joe Biden has provided a health update about his prostate cancer treatment as he prepares his memoir. His son, Hunter Biden, described the treatment as painful and physically demanding while stating his father's condition looks encouraging. Biden acknowledged that his health would limit public appearances for his book, Promise Me, America, due out on November 17. He urged men to engage in regular health checks for early cancer detection.
Keralam CM uses Ramayana movie to promote 'Jatayu paara', world's largest bird sculpture
Keralam Chief Minister V D Satheesan has promoted Jatayu Earth's Centre while the Ramayana film is being screened. This centre is home to the world's largest bird sculpture inspired by the epic fight between Jatayu and Ravana. Satheesan noted the film has renewed admiration for Jatayu across India as viewers learn about this legendary figure. He invites all to visit Jatayu paara and experience the legendary story firsthand.
‘Some days are better than others’: Joe Biden opens up about cancer battle ahead of memoir release
Joe Biden has announced that his cancer diagnosis will limit his promotional efforts for Promise Me, America. He revealed that his doctors remain optimistic about his treatment response and the illness affects his daily life. Biden expressed gratitude for the support he has received from the public and his family during this difficult time. He emphasized the importance of resilience and recalled advice from his father about overcoming challenges.
150 Chinese vloggers on mission to defame India? Concerns raised after allegations of passing off Bangladesh slums as Delhi
Chinese vloggers are reportedly filming in poor neighbourhoods of Dhaka and passing off the footage as scenes from New Delhi while making disparaging remarks about India's living conditions. A Prothom Alo investigation identified livestreamers in Uttara and Tekpara, but their wider motive remains unclear, with one streamer describing the activity as product promotion.
Sony offers PS5 owners a trade-in deal before GTA 6 launch - here’s how much your used console could be worth
PS5 owners in the US are being offered up to $400 in cash for trading in their consoles through a promotion advertised in the PlayStation app. Back Market handles the trade-ins, with payouts depending on the console's model, condition and accessories. The offer comes weeks before GTA 6 launches on November 19.
Coca-Cola’s India bottling arm files draft papers for Rs 9,500 crore IPO
Hindustan Coca-Cola Holdings plans to conduct an initial public offering through an offer for sale of equity shares. The proposed IPO is expected to raise around $1 billion, aiming for a valuation of $10 billion. Coca-Cola Company and Jubilant Bhartia Group hold significant stakes in the company after a recent stake sale. The IPO proceeds will benefit the promoter selling shareholder with no funds directed to Hindustan Coca-Cola Holdings.
Goldman Sachs names 109 new global partners, 14 Indians make the cut; two promoted in Bengaluru
As of January 1, 2027, Goldman Sachs is set to elevate 109 employees globally to partner roles. Among these, there are 14 Indians across global offices, including two based in India, with Gowri Sekar making history as the first female partner from the Indian offices. This year's promotion intake marks the highest since 2010, highlighting the firm's focus on its significant Indian engineering workforce.
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trustee
The National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt on a petition filed by the State Bank of India (SBI), after the failure of his personal insolvency resolution process and repayment plan.
West Bengal's new investment policy wins industry praise for jobs, innovation and ease of doing business
Mehul Mohanka, Chairman, CII Eastern Region said, "The policy is a progressive and forward-looking framework that reinforces the State’s commitment to industrial growth and advanced manufacturing and sends a strong signal to investors.”
Employees' body seeks uniform MACP benefits for staff who refused promotion
The Government Employees National Confederation (GENC) is seeking clarity from the Department of Personnel and Training regarding the MACP rules. GENC argues that a refusal of regular promotions should not equate to an indefinite denial of financial upgradation. Citing Central Administrative Tribunal judgments, the confederation calls for consistent rule implementation across ministries and requests a review of pending cases affecting eligible employees.
Starbucks Red Cup Day 2026 in US, UK and Canada: How to get a free limited-edition cup on November 17; here's what customers need to buy
When is the Red Cup Day at Starbucks: Starbucks is gearing up for its annual holiday celebrations, with Red Cup Day 2026 attracting attention from coffee lovers across the world. The popular promotion gives customers an opportunity to receive a free, limited-edition reusable red cup when they purchase eligible holiday beverages at participating stores. This year's Red Cup Day is scheduled for November 17, 2026, in the US and Canada.
West Bengal investment policy puts jobs first, offers up to 120% assistance to industries
West Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes substantial incentives for businesses, especially those focused on employing women and transgender workers. It offers streamlined processes for approvals and payments, enhancing efficiency for investors. Priority areas will receive higher assistance levels and a framework for regular review every three years.
US midterm elections: Gems & jewellery industry keeps its fingers crossed
India's gems and jewellery industry is optimistic about a potential trade agreement with the United States. Industry leaders believe that a trade deal could enhance export competitiveness and safeguard jobs. The anticipated agreement follows the Democrats' recent success in the US midterm elections. Concerns remain regarding job losses in Surat if tariffs and trade uncertainties persist. Revenue for India's natural diamond industry is projected to remain flat this financial year.
Mahadev betting app co-promoter Ravi Uppal arrested in UAE
Uppal, who is wanted in the Mahadev betting syndicate case, allegedly operated the betting network along with fellow promoter Sourabh Chandrakar. The development comes days after Chandrakar was brought to India following his detention in Oman. Like Chandrakar, Uppal too had renounced his Indian passport and taken the citizenship of the Republic of Vanuatu.
Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visits
Commerce Minister Piyush Goyal has set March 31, 2027, as the deadline for complete digitisation of DGFT services, including licence, permit and SCOMET approvals. From April 1, businesses will no longer need physical visits to government offices for these services. The move also includes digitising historical records and simplifying procedures.
Cabinet approves ₹2,814-crore scheme to promote critical mineral processing
The Union Cabinet has approved a ₹2,814-crore capital expenditure support scheme to promote critical mineral processing and strengthen India’s critical mineral ecosystem. The scheme will be implemented over five years, from FY 2026-27 to FY 2030-31.
Sarbananda Sonowal outlines plan to double coastal & waterway freight share to 12% by 2047
The Indian government is implementing initiatives to double the share of coastal and inland waterway shipping by 2047. The Coastal Cargo Promotion Scheme and the Cruise Bharat Mission are set to attract 1 million cruise passengers and create significant employment opportunities. Paradip Port Authority will develop the Puri International Cruise Terminal in collaboration with the Government of Odisha.
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