BUSINESS
Sancraft Industries announces expansion plans in Tamil Nadu, inks pact at TN Rising Investors Conclave
The investment MoU with Guidance Tamil Nadu was signed at the TN Rising Coimbatore chapter.
INDIA
'Secret deal': DK Shivakumar's cryptic remark intensifies Karnataka CM change buzz
Earlier in the day, Chief Minister Siddaramaiah, who had an hour-long meeting with Kharge on Saturday, reiterated that the party high command should ultimately take the decision to end the confusion and demands surrounding CM change.
INDIA
How migrants, students and first-time voters can enroll during SIR
SIR aims to 'clean' electoral data and update the voter list to support transparent and fair elections in the future. During the Special Intensive Revision, citizens may be required to fill out a "enumeration form" (online or offline) to verify or correct their information and or those of other individuals in the electoral roll.
BUSINESS
Michael Burry trades hedge fund for substack: Warns of 'Glorious Folly' in AI boom, targets Nvidia as bubble's cisco
BUSINESS
Textile chemicals maker Neochem Bio Solutions IPO to hit Dalal Street in December; check opening date, size, price band
Neochem Bio Solutions IPO | The textile chemicals company aims to raise nearly Rs 45 crore via entirely fresh issue of 45.88 lakh shares at the upper price band.
TECHNOLOGY
Karnataka’s UK roadshow gains momentum with SCI Semiconductors’ GCC plan
Interest was mirrored by ARM, Latos, Samco and Weir Group across semiconductors, AI and energy companies during Karnataka industries minister MB Patil.
PODCAST
IPO hopefuls sprint toward profitability; Indian IT readies for labour-rule cost hit; and Maharashtra stakes claim in GCC investment race | MC Tech3
In today’s Tech3 from Moneycontrol, we break down the biggest stories shaping India’s startup and tech ecosystem. Startups rush to look IPO-ready with profitability, the IT industry is bracing for cost bumps under new labour codes, Maharashtra’s new policy to challenge southern states in the GCC race, and Accel’s new AI partnership with Google.
BUSINESS
Xoriant acquires Latvia’s TestDevLab to strengthen European footprint, boost AI-led quality engineering
The deal marks Xoriant’s fourth acquisition in three years, as the ChrysCapital-owned firm expands aggressively across global markets. Xoriant currently operates 28 offices across India, the US and Europe.
INDIA
'New India does not bend before terrorism': PM Modi in Kurukshetra
Earlier today, in his symbolic address in Ayodhya, after hoisting the saffron ‘Dharma Dhwaj’ in Ayodhya, the PM reached out to marginalised communities and linked his message to the ideas of ‘Ram Rajya’ and ‘Viksit Bharat’.
BUSINESS
Excelsoft Technologies to debut tomorrow: Check GMP after healthy IPO subscription numbers
Excelsoft Technologies, the global vertical SaaS company focussing on the learning and assessment market, is valued at Rs 1,381 crore.
BUSINESS
SSMD Agrotech India IPO undersubscribed but QIB portion fully booked on day 1
SSMD Agrotech India IPO | The company owned by Delhi-based House of Manohar is raising Rs 34.08 crore via initial public offering.
TRENDS
This is the only tree on Earth that grows intense blue-coloured fruit. It grows in...
What makes this fruit extraordinary is that it contains no blue pigment at all. It's something researchers discovered while grinding the fruit to extract pigment.
BUSINESS
Uber proposes ‘driver-cum-tourist guide’ training initiative for Karnataka
Hyvision India Pvt Ltd, a Korean-promoted firm providing camera solutions to iPhone manufacturer Foxconn, also signed a memorandum of understanding with the state-run Government Tool Room Training Centre (GTTC)
INDIA
Hate speech case: Not inclined to monitor every incident, says Supreme Court
The observations came from a bench of Justices Vikram Nath and Sandeep Mehta that was hearing an application raising the issue of alleged calls for the social and economic boycott of a particular community.
INDIA
No cause of concern, flight operations continue smoothly: Civil Aviation ministry amid Ethiopia ash cloud scare
The Directorate General of Civil Aviation had issued an advisory to flight operators asking pilots to immediately report any suspected ash encounter, including engine performance anomalies or cabin smoke or odour.
INDIA
Delhi blast accused Umar Nabi wanted to avenge Burhan Wani's killing in 2016: Report
Nabi used to call himself 'emir' and told the other white collar terrorists of his module that he was their ruler and leader.
MARKETS
SEBI to strengthen digital and forensic capabilities signs MoU with NFSU
The move will help SEBI in handling the cases of corporate fraud, fund diversion and other type of cases.
MARKETS
SEBI proposes simpler and standardised process for issuance of duplicate shares up to Rs 10 lakh
SEBI said the suggested measures aim at ease of investments for investors and help restitute investors lost shares in a simple manner.
BUSINESS
Platform companies may hike fees; formal staffing firms seen benefiting as labour codes take effect
According to Kotak Institutional Equities, the labour code rollout may raise per-order costs for gig platforms while simultaneously improving the formal staffing sector’s prospects through clearer, centralised compliance norms.
TECHNOLOGY
Cross-GCC hiring now 60% as centres battle 20% attrition, says report
The whitepaper also highlights the rise of Tier-2 cities as expansion hotspots, driven by lower costs and a steady pipeline of engineering talent, however, attracting experienced senior professionals to these locations remains a challenge.
BUSINESS
Karnataka Bank shares rally nearly 24% in three sessions after Cupid promoter’s stake purchase
Karnataka Bank shares have rallied 24 percent, rising for 3 straight sessions, fuelled by buying interest after Cupid Ltd’s promoter Aditya Kumar Halwasiya acquired shares. Cupid stock itself has more than quadrupled over the last one year.
BUSINESS
Taking Stock: Nifty below 25,900 on final hour selling; Sensex sheds 314 points
On the sectoral front, metal, pharma, PSU Bank and realty added 0.5-1%, while consumer durables, IT, media, oil & gas shed 0.5% each.
INDIA
42 of 50 MBBS seats to Muslims: Omar Abdullah defends candidates | Vaishno Devi college admission row explained
A major political storm has erupted in Jammu and Kashmir after right-wing Hindu organisations demanded the cancellation of admissions granted to 42 meritorious Muslim students in the MBBS programme at the Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in Katra.
INDIA
PM Modi shares experience of Ram Mandir Dhwaj Arohan: 'Extremely moving'
The Prime Minister underlined that India must draw strength from its heritage while freeing itself from “the slave mentality” to reach the goal of a developed nation by 2047.
