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ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
Jaguar Land Rover to launch its first electric vehicles in key growth market India in 2027: MD
Jaguar Land Rover (JLR) will enter India's luxury electric vehicle market in 2027 with the Range Rover Electric and Range Rover Sport Electric. The company will also launch the new Jaguar GT next year. JLR India plans to initially import the EVs to test demand, expand its retail network to 40 outlets and capitalise on India's growing premium car market.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
Stocks in news: M&M, BHEL, Adani Enterprises, Wipro, Tata Steel, Siemens and Divi's Labs
Indian equity markets ended marginally lower on Sunday, breaking a seven-session winning streak. The NSE Nifty 50 decreased by 44 points, closing at 24,986. Several companies, including Adani Enterprises and Tata Steel, announced important corporate developments and new investments. Wipro appointed a new CEO for its Americas unit, while various firms reported their quarterly earnings. Overall, investors remain cautious as they monitor these announcements and future market movements.
Modern dating's hottest currency is clarity, consistency and the courage to communicate
A recent first date highlighted the challenges faced in contemporary dating, particularly regarding emotional unavailability and vague intentions. Miscommunication often leads to misunderstandings and disappointment. By recognizing each other's emotional states, partners can create a shield against blame in their relationships. Still, the quest for clear intentions and honest dialogues is both rare and sought-after. Ultimately, forming real connections calls for both emotional bravery and openness from both parties.
‘They spent it all on minerals’: Fans turn to Hank Schrader jokes as ‘Breaking Bad’ star Dean Norris faces divorce and debt
Dean Norris, known for his role in Breaking Bad, is going through a divorce from wife Bridget Norris. The couple married in 2001 and has five children together, with Bridget seeking joint custody. Their restaurant, Swing Inn Cafe, is also facing financial difficulties with Chapter 11 bankruptcy protection. The cafe, operational since 1927, has significant debts and lost considerable sales recently.
US midterm elections: Crude cools, but Iran war risks keeps markets guessing
Oil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the Iran conflict could impact military strategies, potentially leading to higher oil costs. A resolution that restores oil transport through the Strait of Hormuz is crucial for reducing oil prices. Trump’s decisions may influence the ongoing military conflict or create a deal with Iran.
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appeals
FICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlighted concerns regarding the withdrawal of foreign portfolio investments and the impact of capital gains tax. Additionally, it requested the government to implement lighter TDS rules and resolve backlog issues in tax appeals. FICCI emphasized the need for measures to provide certainty to investors over the long term.
Dollar dips with US midterm results in focus
The dollar lost ground against key international currencies as investors anticipated Democratic victories in the upcoming US midterm elections. With Democratic Senator Jon Ossoff's reelection in Georgia as a noteworthy milestone, analysts suggest a potential Democratic majority in both the House and Senate could alter future government spending policies. Meanwhile, oil prices are stable amid ongoing geopolitical issues, particularly those concerning Iran and Ukraine.
India's top gas importer sets eyes on US LNG under long-term deal with Qatar
India is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war disrupts shipments from the Gulf. Petronet LNG is discussing whether Qatar can source part of its contracted volumes from US facilities from 2028, helping India diversify supplies, retain its partnership with Doha and reduce future supply risks.
Uncertainty is certain: India is resilient and will emerge stronger
Despite global uncertainty, India remains well placed to weather economic and market disruptions, supported by resilient growth, deeper domestic capital markets and rising private investment. Stronger institutions, infrastructure spending and emerging industries could further reinforce the country’s long-term prospects.
Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must know
The Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals will benefit from tax exemptions on foreign-source income for five tax years. Disability pensions are only exempted if individuals are invalided out due to service-related disabilities. Compulsory land acquisition income will also be tax-exempt, clarifying previous ambiguities in the law.
Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp
Indian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, including Reliance Industries and Jio Platforms, published positive quarterly earnings results. Reliance Industries saw a 41% increase in net profit, supported by strong performances in various sectors. Other companies like Sun Pharma and Indian Oil Corporation also reported significant changes in their net profits.
Out of Europe? India's steel MSMEs battle data gaps, rising cost and EU's carbon wall
Smaller Indian steel exporters say they are struggling to obtain emissions data from raw-material suppliers and bear the cost of carbon accounting and verification under the EU’s carbon border rules.
G20 diplomats, including from China and Russia, face deep rifts as they prepare to meet in Atlanta
Top diplomats from the G20 nations are convening in Atlanta to discuss pressing global issues. Key topics include regional conflicts and trade tensions affecting international security. U.S. Secretary of State Marco Rubio aims to facilitate cooperation among member countries. However, deep divisions are evident, especially regarding military actions and the Ukraine situation. This meeting serves as a precursor to the upcoming G20 summit hosted by President Trump.
Pentagon treating military base freezer malfunctions as suspected cyberattack, officials say
In August, military commissaries in the United States experienced freezer malfunctions that resulted in significant food spoilage. Investigators are exploring these incidents as possible cyberattacks, with updates being shared with French counterparts. A similar attack in France impacted hundreds of commercial freezers, causing significant financial losses. The vulnerability of refrigeration systems to cyber threats poses risks to food safety and supply chains.
Hero MotoCorp to increase EV capacity to 80,000 units per month by Q2 FY28
By the end of March, Hero MotoCorp intends to enhance the production capacity of its Vida electric two-wheelers from 30,000 to 45,000 units monthly. Furthermore, forecasts suggest a potential increase to over 80,000 units by the second quarter of FY28. The surge in electric two-wheeler demand has led to reduced dealer stocks, prompting a wave of capacity expansions among major manufacturers to meet this growing need.
Pentagon treating military base freezer malfunctions as suspected cyberattack
The Pentagon is treating the spate of mysterious freezer malfunctions that spoiled food at military bases across the United States in August as a suspected hack, according to four officials familiar with the matter.
Negotiations underway, nobody should create law and order situation: Pralhad Joshi on Jamia protests
Union Education Minister Pralhad Joshi announced that negotiations are currently taking place with the protesting students. While students demand a definite date for polls, elections have not occurred since 2006. The students also oppose the online shift of classes and the sealing of campus entry points. Additionally, they are facing difficulties due to the closure of essential facilities on campus.
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