RANJAN
HDFC Defence Fund raises stakes in BEL, BEML, Bharat Forge and 2 others in October
HDFC Defence Fund increased its holdings in BEL, BEML, Bharat Forge, Tata Motors and another stock in October, according to its latest portfolio disclosure. The fund also added three new stocks during the month, taking its total portfolio to 27 stocks. Here's a look at its latest stock additions, sector allocation and performance against its benchmark.
India’s LNG buyers eye flexi deals to cut risks after Iran war hit Qatar supply
Indian LNG buyers are seeking more flexible long-term supply contracts after the Iran war disrupted shipments through the Strait of Hormuz and almost halted imports from Qatar. Gujarat Energy has signed a 10-year deal with ADNOC for 4 million tonnes of LNG from 2028, while Petronet LNG is negotiating to include US-sourced gas in its renewed 20-year contract with QatarEnergy.
Rahul Gandhi calls SIR a ‘conspiracy’, alleges voter deletions could deny people welfare benefits
Rahul Gandhi has accused the BJP-led Centre of using the Special Intensive Revision (SIR) of electoral rolls to deprive people opposed to the ruling party of voting rights and access to welfare schemes. His criticism followed Union minister Lalan Singh's remarks on identifying scheme beneficiaries through voter ID details.
Welfare pay can't be voter ID-linked
Union panchayati raj minister Rajiv Ranjan Singh announced plans to replace Aadhaar with voter ID numbers for welfare programs. This change would shift the basis for beneficiary identification and payment processing. Critics argue that voter ID is not a universal form of identification and is tied to electoral registration. The proposed switch raises concerns about access for those not on electoral rolls.
Voter ID to replace Aadhaar for welfare schemes and benefits? BJP government's plan sparks row
The Centre plans to require voter ID numbers and biometric authentication for welfare benefits. This proposal has sparked criticism from the CPI(M), which claims it could exclude vulnerable individuals from essential government schemes. Critics argue that many rural residents lack access to necessary technology, thereby hindering their ability to receive benefits.
Accept Amit Shah's challenge to debate SIR in Parliament: JD(U) to Rahul Gandhi
Janata Dal (United) has asked Congress leader Rahul Gandhi to engage in a debate regarding the SIR exercise. The party believes that accepting Amit Shah's challenge would demonstrate Gandhi's faith in parliamentary democracy. Additionally, JD(U) criticised Gandhi for his comments about Prime Minister Modi's leadership and foreign support. Congress responded by demanding the resignation of Chief Election Commissioner Gyanesh Kumar.
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Climate platform Two Point O raises $10 million led by Transition Venture Capital
The company plans to enter battery energy storage while expanding its existing offerings in solar power, energy efficiency, and wastewater treatment. It will also target customers in sectors such as data centres, automobile manufacturing, pharmaceuticals, and healthcare, where energy and water consumption are significant operating costs.
Teen son slips while plucking flowers before Khatu Shyam family trip, father tries to save him; both die after falling from 23rd floor in Noida Mahagun Mywoods
An 11-year-old boy and his 40-year-old father died after falling from the 23rd floor of their apartment at Mahagun Mywoods Society in Greater Noida. The incident occurred early Friday morning as the family was preparing for a trip to Khatu Shyam Temple. Police have launched an investigation into the circumstances surrounding the tragedy.
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.
Tripura inaugurates first tea auction centre to cut costs, boost growers' earnings
Tripura has inaugurated its first tea auction centre in Agartala to improve local tea marketing and reduce expenses. The new facility aims to shorten the time required to sell tea consignments by about 40 percent. Currently, a significant amount of Tripura's tea is sold outside the state, which increases costs for producers. The establishment of the auction centre is expected to facilitate better coordination between sellers and buyers.
CRC Group and Delhi Times host “Let’s Bring Back the Joy of Reading” in New Delhi
CRC Group, in partnership with Delhi Times, held a dynamic event to stress the significance of reading amidst digital distractions. Authors, educators, and prominent business figures shared valuable perspectives on fostering a reading culture in younger audiences. Two enlightening panel discussions delved into the impact of evolving reading habits on education and personal growth.
Akasa Air hikes pilots' salaries by up to 15% to retain them
The revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from first officers to designated examiners.
Congress insulting Parliament, judiciary: JD(U) goes ballistic over 'public impeachment' of Gyanesh Kumar
The party's national spokesperson Rajeev Ranjan Prasad's remarks came after the INDIA bloc decided to hold its planned 'public impeachment' of CEC Kumar later this week at the official residence of Congress president Mallikarjun Kharge.
Kharge's 'baap' remark on Modi creates furore; BJP says language associated with 'thugs'
Congress president Mallikarjun Kharge's remarks about Prime Minister Narendra Modi during an event in Patna sparked controversy. After responding to an audience comment, Kharge said that Modi's father would also go away. This statement prompted strong reactions and condemnation from multiple political leaders across different parties. BJP leaders criticized Kharge's language and demanded apologies from him and the Congress party. The incident reflects ongoing tensions and disagreements in Indian politics.
Parivarik ManuRanjan OTT release: When and where to watch Pankaj Tripathi, Aditi Rao Hydari’s romantic comedy
Starring Pankaj Tripathi and Aditi Rao Hydari, the romantic comedy 'Parivarik ManuRanjan' is directed by Varn V Sharma and is set to stream on SonyLIV this November, although the exact release date is still awaited. The narrative unfolds the love story between Ranjan Dubey and Helen, accompanied by unexpected twists.
Employee received boss's 'OK' on WhatsApp before taking two days extra leave, returned to find himself suspended; tribunal rules message doesn't prove approval
A North Central Railway employee challenged his transfer from Prayagraj to Fatehpur after claiming his senior officer approved two extra days of leave through a WhatsApp 'OK'. The Allahabad bench of the Central Administrative Tribunal ruled that the message did not conclusively establish official leave sanction and upheld the transfer, accepting the Railways' administrative justification.
JD(U) expels Anant Singh, wife from party for 6 years
Janata Dal (United) has terminated Anant Singh's primary membership for six years due to his actions. Anant Singh campaigned for Jan Suraaj candidate Anuj Singh against the party’s nominee Neeraj Kumar, exacerbating conflicts. Union Minister Lalan Singh attempted to mediate between Singh and Kumar, as tensions have increased over the years. The party acted after repeated violations of directives and derogatory remarks against leadership.
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gap
India has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now imports about 68% of its LNG from these suppliers, compared to just 25% last year. Qatar's contribution has dropped to 3% from 45%, highlighting a major shift in sourcing strategies. Domestic gas consumption has remained steady, driven by the expanding city gas sector.
Civic Studios announces three releases spanning climate, sex education and women’s boxing
Civic Studios is set to release three films focused on important social issues in the coming months. Spice & Soul is their first climate microdrama which showcases food waste and local sourcing. Little Thomas aims to provide sex education through a child's perspective and will be released in Indian cinemas. In The Shadows, a biopic about boxer Ramla Ali, explores themes of identity and resilience.
JD(U) questions rationale of INDIA bloc, says allies often fight each other in state polls
JD(U) spokesperson Rajeev Ranjan Prasad expressed concerns regarding the INDIA bloc's effectiveness in upcoming elections. He highlighted the challenges the opposition parties face when competing against one another in various states. Prasad emphasized the lack of consensus on leadership and common issues among the alliance's members. This uncertainty raises questions about the purpose and future of the alliance as key meetings approach.
Bengal CM Suvendu Adhikari accuses opposition of politicising Chorbagan stampede
West Bengal Chief Minister Suvendu Adhikari visited families of the victims of the Chorbagan Durga Puja stampede. Nineteen individuals lost their lives and 25 others sustained injuries during the tragic event. Adhikari expressed discontent with opposition parties politicising the tragedy instead of supporting the affected families. He offered Rs 25 lakh as compensation to the family of one victim during his visit.
Anurag Kashyap, Vasan Bala present Aakhri Ride: When and where to watch the Halloween thriller
Anurag Kashyap and Vasan Bala have joined forces to produce an exciting new short thriller named Aakhri Ride, set to debut globally on Halloween, October 31, on Kashyap's YouTube channel. The gripping narrative follows a Mumbai cab driver facing a nerve-wracking night. Featuring Chandan Roy and Aamir Dalvi in pivotal roles, with performances from Faisal Malik, this project also introduces writers and directors Vijesh Rajan and Yashoda Parthasarthy.
Chorbagan tragedy could have been averted if Adhikari government had made proper planning: Adhir Ranjan Chowdhury
Adhir Ranjan Chowdhury said nine IPS officers, who were transferred out of Kolkata following the West Bengal assembly election results, have been brought back only after the tragedy struck.
J&K administration orders probe into IAS officer's 'misconduct' with female JKAS officer
An inquiry has been ordered by the Jammu and Kashmir administration regarding alleged misconduct by IAS officer Kumar Rajeev Ranjan. This misconduct involved abusive language directed towards a junior JKAS officer during an online review meeting. Ranjan also threatened to suspend the officer and questioned JK Public Service Commission's authority. The incident has had strong reactions from political leaders and the JKAS officers' fraternity.
10-minute househelp startups & their crore-sized losses
Latest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within 10 minutes. This and more in today’s ETtech Top 5.
India’s family offices bet on homegrown AI firms to gain ground
India’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest and Claypond Capital are funding promising AI startups. With at least six companies achieving unicorn status, the environment for AI is becoming increasingly supportive. This shift highlights the need for sustained investment in India’s AI ecosystem. The growth potential is significant, despite challenges in funding and competition.
Farmers' protest hits Mumbai-Bengaluru highway traffic; Google Maps asked to mark stretch closed
Vehicular traffic on the Mumbai-Bengaluru National Highway is currently disrupted due to a farmers' protest. The agitation centers around demands for better sugarcane prices and ethanol rates, affecting multiple routes. Police advise commuters to avoid the affected stretch and consider alternative routes for travel. Google Maps has been requested to indicate the highway closure and traffic congestion. Authorities will provide updates once the situation improves and traffic normalizes.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
Spill Games raises $10.5 million led by Elevation Capital
Founded in 2024 by three former employees of PlaySimple Games — Om Misra, Tapan Ranjan, and Harsh Garg — Spill develops free-to-play casual, puzzle, and hybrid-casual mobile games for global markets.
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