INDIA
Tremors in West Bengal trigger war of words between TMC, BJP: ‘Was it because of SIR?’
West Bengal chief minister Mamata Banerjee has expressed serious concerns over the ongoing special intensive revision (SIR) of electoral rolls in the state, urging the Election Commission to intervene immediately
BUSINESS
Excelsoft Tech IPO subscribed 43 times on final day of bidding, check GMP
Excelsoft Tech IPO shares will be listed on November 26, while the allotment is expected by November 24.
BUSINESS
India lags EM rally as foreign outflows persist; junk bonds flash early risk-off signals: Elara Capital
Global equity fund flows remained strong for the tenth straight week. Foreign investors pulled $3.3 billion out of U.S. equities, mainly from UK and Luxembourg-domiciled funds, which was the largest 15-week outflow, but this was more than offset by $15 billion of buying from US domestic funds, keeping overall flows positive. Inflows from Japan into US equities also continued.
BUSINESS
Karnataka panel backs two-wheelers for e-commerce, rejects bike taxis as unsafe and illegal
An expert panel headed by Karnataka transport secretary NV Prasad cites law, safety, congestion to justify ban on bike taxis, links the issue to Bengaluru’s severe traffic and proposes BMTC and Metro as alternatives.
BUSINESS
Sensex rises 350 pts from day's low, Nifty above 26,150: 4 key reasons behind market recovery
Stock market today: Sensex, Nifty recovered from early losses as FIIs continued their buying streak for the second straight day.
INDIA
Retired Army official KJS Dhillon says Red Fort attack similar to Pulwama: 'Bears clear signature of Jaish-e-Mohammad'
Pakistan’s deep state has only one agenda — to spread terror in India, and Jaish remains a product and asset of that system, says KJS Dhillon.
BUSINESS
From Rs 50K employee reimbursement to Rs 10 crore for IT parks: How Karnataka is luring IT firms to Beyond Bengaluru clusters
The measures are part of a wider strategy to ease pressure on Bengaluru’s strained infrastructure and seed new technology hubs across the state.
BUSINESS
SEBI eyes index inclusion for REITs to boost liquidity, investor participation, says chairman Pandey
The proposed index entry marks the most significant policy signal yet for India’s nascent REIT market, which SEBI believes must play a far larger role in funding the country’s long-term infrastructure needs.
BUSINESS
M&M stock becomes top Nifty gainer as brokerages bullish on 'ambitious' growth targets
Emkay Global said electric vehicles remain central to M&M’s strategy, with a defined path to profitability.
INDIA
Explosive tutorial trail: JeM operative shared 40+ bomb-making videos with Delhi blast accused doctor
Preliminary probe suggests the handler, known as 'Hanzulla', sent 42 bomb making videos via encrypted apps to the arrested doctor.
BUSINESS
IndiGo allocates Rs 7,300 crore towards purchase of aviation assets
InterGlobe's arm InterGlobe Aviation Financial Services to use funds to buy aviation assets
INDIA
Stalin reacts after SC says timelines can't be imposed on governors, President: 'Won't rest till Constitution is amended'
Stalin asserted that the state would not back down from its demand for mandatory timelines for Governors to act on Bills passed by elected legislatures.
BUSINESS
Nifty Metal index falls 1.5% as policy extension stokes steel import concerns; Hindalco hit by Novelis plant fire
Hindalco was the top loser on the Nifty Metal index and benchmark Nifty 50, down over 2 percent to Rs 783.45, weighed down by a fire at its Novelis aluminium plant in Oswego, New York, on November 21.
BUSINESS
Groww Q2 Results: Net profit rises 12% YoY to Rs 471 crore, revenue falls 9.5%
Groww Q2 Results: The company released its first quarterly results after debuting on stock markets earlier this month.
INDIA
Mohan Bhagwat says Manipur must have government: 'Destruction a matter of two minutes'
On the current situation in Manipur, Bhagwat says efforts are underway both at community and societal level to restore stability.
INDIA
Earthquake tremors felt in Kolkata, Northeast; six people die in epicentre Bangladesh
The tremors were felt in West Bengal's Kolkata at 10:10 am and lasted for about 20 seconds, according to reports.
BUSINESS
Banks' credit-deposit ratio crosses 80% for first time: Report
The rise comes even as lenders have stepped up their reliance on the Reserve Bank of India's liquidity windows, market borrowings, and funding from institutions such as Nabard
BUSINESS
AWL Agri shares fall as 6.6% stake sold in block deals in Adani group co, likely for about Rs 2,400 crore
Adani Group's stake sale in AWL Agri Business to Wilmar, followed by the block deal, is being seen as part of the group’s strategy to exit the FMCG business and refocus on its core infrastructure portfolio.
INDIA
Indian Air Force issues statement after Tejas crash during Dubai Air Show
Paswan also said he wished to expand the party's footprints beyond Bihar as "an NDA partner" in states like West Bengal, Punjab and Uttar Pradesh.
INDIA
Al-Falah University chairman receives demolition notice for ancestral home in MP's Mhow
Locals still refer to the structure as “Maulana’s Building,” a reference to Jawad’s late father, Mohammad Hammad Siddiqui, in whose name the property continues to stand, reported The Indian Express.
BUSINESS
Bira maker faces fresh scrutiny as Kirin, lenders discuss management and strategy reset
Institutional investors together hold the largest stake in B9 Beverages at 28.6%, led by Peak XV (formerly Sequoia India), along with Sofina, Sixth Sense, MUFG Bank, Tiger Pacific, Mayfield and GHIQF Mauritius
WORLD
Indian markets open in red amid global slide, fed jitters
Japan’s Nikkei 225 slid 1.57 percent at the open, with the Topix down 0.72 percent. Hong Kong’s Hang Seng Index dropped 1.88 percent, and the Hang Seng Tech Index declined 2.33 percent. South Korea’s Kospi plunged 4.09 percent.
BUSINESS
TCS stock rises 0.6% on $1-billion TPG deal; brokerages positive on lower equity burden, HyperVault validation
Brokerages have taken a positive view of the deal with TPG, citing reduced equity outlay for TCS and strong external validation of HyperVault’s long-term potential.
BUSINESS
Rupee opens 3 paise up on higher Asian currencies
