BUSINESS
White House revises India trade deal fact sheet; drops pulses, softens $500 billion purchase to 'intends'
The White House had released 'The United States and India Announce Historic Trade Deal' fact sheet on February 9.
PODCAST
Textiles tariff unease, GCC layoffs bite & vigilance over AI deepfakes
In this edition of Moneycontrol Editor’s Picks our focus: the India-US trade deal fact sheet and its fine print. We analyse what the lower tariffs on Bangladesh mean for India’s textile sector and whether addressing non-tariff barriers could mean compromise on GM imports. Also, layoffs at Germany’s Aumovio GCC in India has triggered fears about the GCC space that has so far shown robust growth. From policy updates, corporate fundraising and gold ETFs - find the latest updates inside.
BUSINESS
Stocks to Watch Today: Apollo Hospitals, Titan, Ather Energy, BHEL, Ion Exchange, TVS Supply, HEG, Torrent Power, Jubilant Foodworks, Eicher Motors in focus on 11 February
Stocks to Watch, 11 Feb: Stocks like Titan Company, Apollo Hospitals Enterprise, Eicher Motors, Grasim Industries, Britannia Industries, Oil India, Jubilant Foodworks, Torrent Power, Karnataka Bank, HEG, EIH, Power Mech Projects, Som Distilleries & Breweries, Afcons Infrastructure, and TVS Supply Chain Solutions will be in focus on February 11.
WORLD
How a ChatGPT-backed insurance app sent US broker stocks tumbling
AI-related anxiety also spilled over into European insurers, with analysts linking the declines to rapid developments in insurance-focused applications within ChatGPT and other AI platforms.
INDIA
Sachin Tendulkar meets Rahul Gandhi to invite him for son Arjun’s wedding
Earlier in the day, the former India captain also extended invitations to President Droupadi Murmu, Prime Minister Narendra Modi and Union Home Minister Amit Shah.
BUSINESS
DGCA orders special safety audit of 14 charter operators after fatal Baramati crash
The inspections, part of a special oversight exercise, began on February 9 and will continue until at least February 25, according to an official order issued by the regulator
AUTOMOBILE
Tata Motors Indonesia secures largest-ever order for 70,000 Yodha and Ultra T.7 vehicles
Tata Motors Indonesia has secured its biggest order to supply 70,000 Yodha and Ultra T.7 vehicles for agricultural and rural logistics deployment across Indonesia.
PODCAST
India’s new rules to regulate AI deepfakes; River gears up for $80 million round; Layoffs hit India GCCs: AUMOVIO cuts 1,000
In today’s Tech3 from Moneycontrol, we track a muted start to Fractal Analytics’ IPO and what it signals for AI listings in India. We also break down India’s new rules to regulate AI deepfakes, River’s talks to raise $80 million in fresh funding, job cuts at automotive tech firm AUMOVIO impacting India GCCs, and why college campuses are fast becoming launchpads for India’s next generation of esports professionals.
BUSINESS
Dovetail India Fund buys over half percent stake in Welspun Specialty Solutions
Welspun Specialty Solutions shares corrected sharply by 9.09 percent to Rs 37.51 on the BSE, falling decisively below short term moving averages.
BUSINESS
Bengaluru, Hyderabad, Pune, Ahmedabad added to 50% HRA exemption list under draft I-T rules
At present, only New Delhi, Mumbai, Kolkata and Chennai qualify for a 50 percent HRA exemption under the old tax regime, while other cities fall under the 40 percent category.
TRENDS
Mumbai auto driver rides with daughter all day after wife’s death: ‘Nobody to care for her’
'She is my daughter. I brought her with me because there's nobody at home to take care of her; it's only the two of us. Her mother died.' the auto driver said.
MARKETS
SEBI tightens norms for credit rating agencies rating instruments regulated by other regulators
SEBI said the circular has been issued to protect investor interests and strengthen regulatory clarity in the securities market.
BUSINESS
FIIs/FPIs net buy Indian equities worth Rs 69 crore, DIIs pump in Rs 1174 crore
For the year so far, FPI/FIIs have been net sellers of shares worth Rs 37,997 crore, while DIIs have net bought shares worth Rs 72,107 crore.
BUSINESS
Ex-GitHub chief Thomas Dohmke launches Entire with $60 mn seed to tackle agent era coding
The funding round values Entire at $300 million and also includes individual investments from industry leaders such as Yahoo co-founder Jerry Yang, Datadog CEO Olivier Pomel, and Y Combinator head Garry Tan.
BUSINESS
Government to divest 3% stake in BHEL through OFS, option to sell additional 2%
BHEL OFS: The government will open the Offer for Sale (OFS) in Bharat Heavy Electricals Limited (BHEL) on Wednesday for non-retail investors, with retail investors allowed to place bids on Thursday.
BUSINESS
Biopol Chemicals IPO subscribed over 21 times, PAN HR Solution offer sees 9.5x subscription on final day
Biopol Chemicals, and PAN HR Solution will finalise their IPO share allotment by February 11, while their equity shares will be available for trading on the NSE Emerge and BSE SME, respectively, with effect from February 13.
INDIA
Explained: How a no-confidence motion against the Lok Sabha Speaker works & what happens next
The notice carries signatures of around 120 opposition MPs and alleges repeated denial of speaking opportunities to the Leader of Opposition, Rahul Gandhi, suspension of MPs, and inaction against BJP members over controversial remarks.
POLITICS
Ajit Pawar plane crash: Rohit Pawar says 'room to suspect sabotage', flags pilot, operator lapses
Ajit Pawar plane crash: Rohit Pawar questioned the background of the pilot, Captain Sumit Kapoor, who was flying the Learjet that crashed on January 28.
INDIA
Russia rolls out upgraded Sukhoi Su-57 amid India’s hunt for next-gen fighter aircraft | Watch
Russia’s state-owned technology corporation Rostec said the latest Su-57 aircraft handed over to the Russian military feature enhanced onboard systems and a new weapons configuration that significantly expands the jet’s combat role.
INDIA
Ex-Army Chief Naravane’s first reaction to memoir row; shares publisher’s clarification
In his first public reaction since the row erupted, Naravane, in a post on X, said 'This is the statue of the book, aligning with the publisher’s clarification.
INDIA
Emmanuel Macron to visit India from 17-19 February: Why it will matter for defence, trade ties
During the visit, Emanuel Macron will hold wide-ranging discussions with Prime Minister Narendra Modi and attend the AI Impact Summit, according to the MEA.
BUSINESS
Gearboxes and drive systems maker Bonfiglioli Transmissions files IPO papers with pure OFS component
Bonfiglioli Transmissions IPO | The IPO comprises of entirely an offer-for-sale of 4.69 crore equity shares by promoter Bonfiglioli S p A, with no fresh issue component.
POLITICS
Will work for Maharashtra’s welfare: Sunetra Pawar takes charge as Maharashtra’s first woman Deputy CM
Sunetra Pawar was accompanied by her elder son Parth Pawar and NCP leaders Praful Patel, Sunil Tatkare, Chhagan Bhujbal among others.
INDIA
Assam final voter list sees 2.43 lakh names dropped ahead of 2026 assembly polls
The Chief Electoral Officer (CEO) of Assam stated that this final list shows a reduction of 2,43,485 voters from the draft list, which initially recorded 2,52,01,624 voters.
