SUCHITRA KRISHNAMOORTHI SHEKHAR KAPUR
Tata Projects subsidiary CEO Shashank Shekhar Jha tenders resignation
Shashank Shekhar Jha resigned from his position as CEO of Artson Engineering to explore new career opportunities. He reflected on his four-year leadership as one of the most rewarding experiences of his career. Jha expressed gratitude to his team and assured a smooth transition during the notice period. Artson Engineering Ltd experienced a drop in share price following the announcement of his resignation.
ET F&B Conclave North India 2026: Celebrating the leaders, innovators and iconic brands shaping India's hospitality industry
ET Food and Beverage Conclave North India 2026 was recently held in New Delhi to honor industry achievers. Prominent restaurateurs, hospitality leaders, and entrepreneurs attended to discuss evolving trends in the F&B sector. Various panel discussions focused on dining preferences and the global potential of Indian restaurant brands. Awards were presented to women leaders, F&B business leaders, and notable restaurant brands.
US lawmakers introduce bill to make Diwali a federal holiday, 19 representatives back proposal
US lawmakers have reintroduced the Diwali Day Act in the House of Representatives, seeking to designate the festival as a federal holiday. Spearheaded by Congresswoman Grace Meng, the bill has secured the backing of 19 lawmakers, including five Indian-origin representatives. Its passage would make Diwali the 12th federally recognised US holiday.
NRIs can now complete online KYC from the US, UK, UAE and other FATF-compliant countries
For Indian investors residing overseas, a new development brings good news. A recent circular from Sebi allows them to open investment accounts without needing to return to India. By permitting digital KYC submissions from various compliant countries, this initiative simplifies the process for non-resident Indians (NRIs) and overseas citizens of India (OCIs).
Why did you come back? The Indian dream beyond India's borders
The trend of Indian emigration continues, driven by aspirations for better opportunities abroad. Despite improvements in India, many individuals still seek to leave the country. Historical patterns of migration are linked to economic conditions and personal ambitions. The allure of the United States remains significant for many professionals. However, immigration policies may restrict future movement and opportunities for those seeking success.
Bengaluru-Goa Vande Bharat Express to be among India's slowest, running at 53-54 kmph, on par with regular Mail and Express trains; why Vande Bharat trains are not operating at approved 160 kmph
Vande Bharat Express news: The Bengaluru-Madgaon Vande Bharat Express will connect Bengaluru to Goa over a distance of 670 km. It is set to take approximately 12 to 13 hours for this journey, making it the slowest Vande Bharat service. This train will average speeds comparable to Mail and Express trains, primarily due to safety restrictions. Currently, other Vande Bharat trains maintain higher average speeds across their respective routes.
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More than family business: Drugmakers make costly, long-term strategic shifts as next generation steps into bigger roles
India's family-run pharmaceutical companies are entering a new phase as the next generation takes on larger leadership roles and steers businesses towards complex generics, peptides, biologics, contract manufacturing and advanced therapeutics. Laurus Labs, Granules India, Bharat Biotech, Sun Pharma and Torrent Pharma are investing in capabilities that require greater scientific expertise, significant capital and longer gestation periods. The key question is whether the successors can turn these long-term bets into sustainable growth and create lasting value for investors.
Himanta Sarma to move SC, Gauhati HC over threat to gherao his residence in Zubeen Garg case
Assam Chief Minister Himanta Biswa Sarma reported receiving threats regarding bail decision for accused in Zubeen Garg's death case. A group led by MLA Akhil Gogoi announced intentions to gherao his residence if bail is granted. The Supreme Court is set to hear bail petitions on November 30. Sarma expressed that these threats could endanger his family and constitute a serious issue.
Rs 8.02 lakh leave encashment tax exemption denied: Retired employee wins case in ITAT Surat
Retiree Mr. Patel from Bharuch, Gujarat, sought a complete tax exemption on Rs 8.02 lakh of leave encashment. Initially, his company certified only Rs 3 lakh as exempt. The Income Tax Department later imposed tax on an additional Rs 5.02 lakh. To challenge this ruling, Patel approached the Income Tax Appellate Tribunal in Surat, which sided with him, citing the Department's failure to provide justifiable reasons.
Bitcoin falls over 5% in a day to $76,000 as US tech and AI stock selloff triggers fresh crypto market weakness
Bitcoin plunged over 5% to $76,006 as weakness in US technology stocks triggered widespread crypto selling. More than $1.1 billion in leveraged positions were liquidated, intensifying bearish sentiment across major cryptocurrencies.
Karmabhoomi Express fire: Passengers panic as four coaches catch fire near Sarai Banjara in Punjab
Four coaches of the Karmabhoomi Express caught fire near Sarai Banjara in Punjab, sparking panic among passengers on board. The exact reason for the fire is still unknown, prompting an urgent investigation by authorities. Fortunately, there have been no reports of injuries or damage as officials work to gather more information about the event.
Calcutta HC grants interim injunction in favour of NOCIL Limited in patent suit
Calcutta High Court recently granted an interim injunction in favor of NOCIL Limited against Finorchem Ltd. The injunction relates to a suit concerning patent infringement of a chemical process developed by NOCIL. Justice Ravi Krishan Kapur observed that the balance of convenience favored NOCIL and that irreparable injury would result without the injunction. NOCIL holds process patents for manufacturing 4-Aminodiphenylamine, a chemical used in rubber applications.
Bitcoin nears $80,300, Ethereum trades at $2,400 as crypto market rebounds after US midterm volatility
Bitcoin rebounded above $80,000, while Ethereum climbed to $2,417 amid improving market sentiment following US midterm elections. The global crypto market capitalisation rose 2.32% to $2.69 trillion, supported by short liquidations and renewed buying interest.
Railway platform ticket sales suspended at six stations across Delhi and Ghaziabad; check the full list
Railway news: Northern Railway is implementing crowd-management measures at major railway stations in Delhi-NCR during the festive season. Platform ticket sales have been suspended at six key railway stations until November 14 to manage crowds. Special trains are being operated to accommodate the anticipated travel rush for Diwali and Chhath festivals. Enhanced passenger facilities, including holding areas, aim to improve the travel experience during this busy period.
India needs wider bond yield differential to draw foreign investors
India's 10-year government bond yield differential with the US has recently surpassed 240 basis points. Market analysts suggest that this yield gap should exceed 300 basis points for attracting significant foreign investments. October saw foreign investors sell bonds worth approximately ₹5,615 crore, a decrease from the previous month. The rupee's performance improved against the dollar, aiding in mitigating some pressures from portfolio outflows.
Bitcoin near $78,600, Ethereum at $2,300 as US midterm results put crypto regulation in focus
Bitcoin traded near $78,000 as institutional outflows and macroeconomic uncertainty kept sentiment cautious across the cryptocurrency market. Investors tracked US midterm election results, potential changes in crypto regulation, Federal Reserve rate expectations, and ETF flows for cues on the market's next move.
Solgram raises Over $1 million in pre-seed funding led by DSG Consumer Partners and Saama Capital
This funding will bolster its cold-chain infrastructure while improving its technological capabilities.
AI on the clock as fintechs demand payoff for spends
September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, lending and insurance. AI is moving beyond chatbots and experiments into decisions affecting the cost of acquiring, serving and retaining customers.
Bitcoin holds steady near $78,000 as investors assess Binance security breach. Here is what experts say
Bitcoin traded near $78,000 as investors assessed the reported $6.3 billion Binance security breach. Crypto markets showed a modest recovery, while ETF outflows, liquidations, macroeconomic uncertainty and upcoming US events kept investor sentiment cautious.
Suzlon Energy cuts operating margin guidance to 15%
Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profit in the year-ago quarter stood at Rs 389 crore, excluding a deferred tax benefit of Rs 891 crore that had taken reported profit to Rs 1,279 crore.
Suzlon Energy Q2 profit up 1.3%, revenue rises 26%
Suzlon Energy has announced a 1.3% increase in consolidated net profit for the second quarter of FY27 compared to the previous year. This growth in revenue is attributed to a surge in wind turbine deliveries, resulting in a total of 710 MW delivered in this quarter versus 565 MW from last year.
Dhurandhar doctrine of national security
India's Arunachal Pradesh minister Balo Raja has suggested the use of cinema to enhance national security awareness. His recommendation follows discussions regarding ongoing tensions with Chinese troops along the border. Raja referenced the success of Aditya Dhar's films in promoting India's intelligence capabilities and resilience. Historical examples from past films, particularly Mr India, highlight cinematic impact on national perception.
Suzlon faces Adani, JSW challenge as wind energy market heats up; Q2 margins take a hit
Suzlon Energy faces intensifying competition from Adani, JSW and other players in India's wind energy market, even as its revenue grew 26% year-on-year to Rs 4,869 crore in Q2 FY27. EBITDA remained flat at Rs 720 crore, while the EBITDA margin narrowed to 14.8% from 18.6% a year earlier.
AI firm Kyvex founder Pearl Kapur joins BJP ahead of Punjab elections
Pearl Kapur has joined the Bharatiya Janata Party as the Punjab elections approach. He aims to integrate artificial intelligence and data analytics into the party's digital outreach strategies. This move highlights the increasing importance of digital platforms in modern political campaigns.
Bajaj Electricals exec chairman Shekhar Bajaj to become non-executive board member from January
Bajaj Electricals executive chairman Shekhar Bajaj will step down from his current role by the end of 2026 after leading the company for four decades. He will transition to a non-executive board position from January 1, 2027, subject to shareholder approval. The move is part of the company’s shift towards a professionally managed, board-led governance model, it said.
K Hospitality targets Rs 6,000 crore system-wide sales by FY30, plans Rs 100 crore expansion
K Hospitality plans to reach Rs 6,000 crore in system-wide sales by 2029-30 as it expands its operations. The company will focus on growth through its restaurant, QSR, and institutional food service businesses. K Hospitality aims to open around 40 new restaurants in major metropolitan areas this financial year. The firm intends to invest approximately Rs 100 crore in this restaurant expansion.
256 US lawmakers back House resolution honouring Indian-Americans
US Congressman Raja Krishnamoorthi introduced a resolution honoring Indian Americans for their contributions to the US. The resolution is supported by 256 members of the House of Representatives. It also proposes the designation of July as Indian-American Heritage Month. This month commemorates the signing of the Luce-Celler Act, which allowed Indian immigrants to become US citizens. The resolution recognizes the cultural and professional diversity of the Indian American community.
India-China border frictions recur as Chinese forces stray from patrol routes, MEA clarifies stand
Indo-Tibetan Border Police Director General Shatrujeet Kapur addressed recent border tensions with Chinese forces in Arunachal Pradesh. These tensions arose from Chinese forces straying from established patrolling routes along the Line of Actual Control. External Affairs Ministry spokesperson Randhir Jaiswal emphasized the need for maintaining peace and tranquillity in border areas. Both nations are utilizing diplomatic and military channels to resolve ongoing issues effectively.
'We should not have to rely on luck': US Congressman Raja Krishnamoorthi flags FBI resource gaps after attempted attack on Hindu temple
US Congressman Raja Krishnamoorthi has urged the FBI to strengthen efforts against domestic violent extremism and improve intelligence gathering after authorities foiled an alleged neo-Nazi plot targeting a Hindu temple in Aurora, near Chicago, where he and his family were worshipping. A 19-year-old, Alexandros Paporakis, was arrested over the alleged plot.
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