RS 104 CRORE PROJECT

Nitin Gadkari says UP farmers will soon produce hydrogen from water that will run planes, cars and trains

Nitin Gadkari's hydrogen plan: Union Minister Nitin Gadkari says Uttar Pradesh farmers will soon produce hydrogen from water and agricultural waste that will power aircraft, cars and railway engines. He also highlighted ethanol production, alternative fuels and the state's potential to become an energy exporter from a net importer. The state was known as Bimaru state.

HCC Q2 profit slumps 53% to Rs 22 crore

Hindustan Construction Company reported a decline in consolidated net profit for the September quarter of FY27. Income and expenses also saw a reduction in comparison to the previous year's figures. The company secured an order of Rs 524 crore and participated in several project bids. Additionally, construction progressed on various projects including the Indore and Patna Metro.

Paras Healthcare posts Rs 40 crore Q2 net profit in first results after listing

Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its IPO proceeds to strengthen its balance sheet.

Centre advances November tax devolution, releases Rs 1.09 lakh crore to states ahead of festive season

On November 5, 2026, the Centre released over Rs 1.09 lakh crore to state governments in advance. This release is typically done on November 10 each year, but it was advanced this time. The finance ministry stated that this advance supports states in boosting capital expenditures. The advance aims to assist states in financing their development and welfare-related projects.

Keystone Realtors Q2 profit jumps 10-fold to Rs 101 cr

Keystone Realtors has announced a ten-fold increase in consolidated net profit for the quarter ended September. The net profit rose to Rs 100.75 crore, attributed to significant profit share from joint ventures. Total income for the quarter, however, saw a decline from the previous year. The company's pre-sales reached record levels, reflecting strong demand for luxury housing projects.

Rustomjee posts record 1,423 cr pre-sales in Q2, targets Rs 5,000 cr for FY27

Rustomjee Group, noted for its luxury projects, achieved record pre-sales of Rs 1,423 crore in the second quarter. The company's net profit rose to Rs 101 crore compared to Rs 10 crore last year. Additionally, revenue from operations saw a significant increase to Rs 497 crore during the same period. Rustomjee plans to focus on redevelopment and expand throughout the Mumbai Metropolitan Region.

India plans world's highest railway station at 5,256 metres, above China's record; check route, cost and key challenges of Rs 1.31 lakh crore project

Gujarat ATS arrests Dawood aide Salim Dola after ₹438 cr mephedrone seizure

BHEL bags orders worth up to Rs 28,000 crore from Adani Power for four 1,600 MW projects

Bharat Heavy Electricals Limited has received orders from Adani Power Limited for four power projects. Each project has a capacity of 2x800 MW and is valued between Rs 5,000 crore to Rs 7,000 crore. The total contract value for all projects is estimated to be between Rs 20,000 crore and Rs 28,000 crore. The contracts involve the supply of equipment and services for the projects.

Rupee rises as oil slips from six-month high

On Monday, the Indian rupee strengthened to close at 94.74, following a decrease in oil prices. Oil prices fell from six month peaks, contributing to the rupee's gains, which were significant during the trading day. The currency fluctuated between 94.88 and 94.60 amidst the market movements. Brent crude oil futures were priced at $104 per barrel during Asia trading hours.

Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developments

Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generate about Rs 1,800 crore.

Bagmane Prime Office REIT leases 1.2 million sq ft in Q2, occupancy rises to 99%

Bagmane Prime Office REIT leased 1.2 million sq ft of office space in the September quarter. This leasing figure represents more than four times the amount recorded in the previous quarter. The demand for space primarily came from global capability centres, accounting for 96% of leasing activity. The REIT reported a revenue from operations of Rs 765 crore during this period. The board also declared a distribution of Rs 1.

CM Joseph Vijay disburses Rs 3,000 cr credit to SHGs in Perundurai, sips tea, buys local crafts

On Tuesday, Tamil Nadu's Chief Minister Joseph Vijay announced a remarkable distribution of Rs 3,000 crore to self-help groups statewide. During the event in Erode district, which received Rs 1,110 crore, over 9,000 members benefited directly. The Chief Minister also engaged with an exhibition displaying successful products crafted by women, enhancing support for their vital contributions to the local economy and showcasing their exceptional talents.

India aiming to achieve Rs 3 lakh crore defence production, Rs 50K crore defence exports by 2029: Rajnath Singh

India aims to build a self-reliant defence ecosystem to meet national security challenges effectively. Defence Minister Rajnath Singh highlighted budget increases and production goals during a recent meeting. The focus includes modernizing military capabilities and enhancing personnel preparedness for contemporary warfare. Strategic autonomy, technological advancements, and operational readiness are crucial for India's military future. The objective is a military that can handle various security challenges through continuous modernization efforts.

Rajasthan man opens bank app to check balance, finds Rs 10,00,00,00,00,000 lien on account where he had Rs 55,000; bank blocks his entire savings

A 22-year-old medical store employee in Rajasthan's Sikar, earning Rs 10,000 a month, found a Rs 1 lakh crore lien on his Kotak Bank account while trying to recharge his phone. His Rs 55,000 savings also became inaccessible. Police and the bank later confirmed a technical glitch, and the hold was lifted.

Nitin Gadkari says Rs 100,000 crore coming to Nagpur: Rs 50,000 crore for one locality, a mega textile market & a new bus port

Nitin Gadkari has announced plans for projects worth Rs 1 lakh crore in Nagpur, including market redevelopment, a textile market, an agro convention centre and a private bus port. He also discussed Mother Dairy's upcoming Rs 1,000 crore plant, compressed biogas production and plans to boost shrimp exports from Vidarbha.

PM Modi to inaugurate Pune Metro projects worth Rs 21,800 crore

Prime Minister Shri Narendra Modi will inaugurate and lay the foundation stone of Pune Metro projects. The inaugurated Pink Line will connect Hinjewadi IT Hub and Shivajinagar, helping commuters access employment centers. Additionally, the new Phase-II will include several metro lines at an estimated cost of ₹13,500 crore. These developments aim to improve urban mobility and reduce traffic in Pune.

Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probe

A Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Department probe uncovered fabricated donation receipts, a ChatGPT-generated Yale education loan certificate, bogus housing loan claims and undisclosed rental income, estimating tax evasion of Rs 5.3 crore over five years.

Centre approves Rs 989 crore for 39 road projects in Keralam

The Centre has approved Rs 988.75 crore for 39 road development projects in Keralam that will begin in December. The funding will support the development of 486.33 km of roads across various districts. Rs 570 crore is specifically allocated for road projects in the Malabar region. The projects include major and ordinary district roads, as well as Corporation roads.

Inside Gujarat's Rs 426 cr tourism makeover: Rs 14.3 cr Rain Forest, Rs 16 cr cruise, Rs 50 cr IRCTC hotel, Rs 5.79 cr Cactus & Butterfly Garden

Prime Minister Narendra Modi inaugurated 23 projects worth Rs 307.83 crore and laid the foundation stones for eight more worth Rs 118.88 crore in Gujarat's Ekta Nagar on Rashtriya Ekta Diwas. The projects include a Rs 50 crore IRCTC hotel, Rs 16 crore Ekta Cruise, Rain Forest attraction, Eco Trail, improved roads, travelators and waste management facilities around the Statue of Unity.

Over Rs 18,000 crore transferred to farmers under PM-KISAN: PM Modi

Mahindra Lifespace Developers pre-sales rise 66% to nearly Rs 2,000 cr in Apr-Sep

Mahindra Lifespace Developers Ltd has seen impressive financial growth, with sales bookings skyrocketing by 66% to reach Rs 1,988 crore this year. The second quarter alone saw bookings rise to Rs 1,063 crore from Rs 752 crore in the previous year. While tax expenses increased, net profit for the September quarter stood at Rs 16.34 crore, and total income surged to Rs 104.

Cabinet approves Rs 10,000-crore container manufacturing scheme, Rs 1,856-cr sports goods scheme