Page 1158 - Latest News
Google, the sleeping giant in global AI race, now fully awake with Gemini 3
Gemini 3 Pro has risen to the top of closely watched AI leaderboards on LMArena and Humanity's Last Exam
 "Google, the sleeping giant in global AI race, now fully awake with Gemini 3")
India's child deprivation problem requires urgent, systemic reform
Further, development-aid cuts could lead to 4.5 million additional under-five deaths by 2030 and push six million children out of school by next year
 "India's child deprivation problem requires urgent, systemic reform")
French shipping firm CMA CGM mulls operations in India's waterways
India will be in global maritime's "premier league" after Vadhavan Port, says SVP Ludovic Renou
 "French shipping firm CMA CGM mulls operations in India's waterways")
Cabinet greenlights ₹7,280 cr scheme for rare earth magnet manufacturing
The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics
 "Cabinet greenlights ₹7,280 cr scheme for rare earth magnet manufacturing")
Rate-cut expectations lift benchmark equity indices to near peak levels
Renewed expectations of December rate cuts by the Fed and RBI lifted sentiment, sending the Nifty near a record close and giving indices their strongest single-day rise in five months.
 "Rate-cut expectations lift benchmark equity indices to near peak levels")
India set for 3rd-biggest tariff shock in global apparel and footwear trade
However, the other exporting countries, including Bangladesh, Indonesia, Cambodia and Pakistan, will have a much lower incremental impact than India
 "India set for 3rd-biggest tariff shock in global apparel and footwear trade")
Eternal infuses ₹600 cr into Blinkit as qcom expansion accelerates
Eternal has invested another ₹600 crore in Blinkit to support expansion and operating needs, marking its third infusion this year as competition in India's quick commerce space intensifies
 "Eternal infuses ₹600 cr into Blinkit as qcom expansion accelerates")
There is still room for us to reduce commission: Bajaj Life Insurance MD
MD & CEO of Bajaj Life Insurance, spoke about how the company has navigated the challenges related to the withdrawal of Input Tax Credit (ITC), how life has been after Allianz's exit
 "There is still room for us to reduce commission: Bajaj Life Insurance MD")
Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine
Apple has challenged CCI's amended law allowing penalties on global turnover, arguing the rule is arbitrary, disproportionate and contrary to the Excel Crop ruling, and could expose it to $38-bn fine
 "Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine")
May open engine unit in India if more Rafales ordered: Safran CEO
Safran says it could establish an M88 engine assembly line in India if large Rafale orders are placed, as the firm expands Leap and M88 MRO facilities and triples India revenue by 2030
 "May open engine unit in India if more Rafales ordered: Safran CEO")
Bharti Airtel promoter entity ICIL sells 3.43 cr shares for ₹7,189 cr
After the share sale, Bharti Airtel's scrip fell 3 per cent to Rs 2,097.50 apiece on the NSE while it dipped by 2.81 per cent to Rs 2,100 per share on the BSE
 "Bharti Airtel promoter entity ICIL sells 3.43 cr shares for ₹7,189 cr")
Adani Enterprises REs trade between ₹373-600 as rights issue opens
Nearly 5 million REs of Adani Enterprises changed hands between Rs 373 and Rs 600 as its Rs 24,930-crore rights issue opened, with ETFs selling REs due to restrictions on holding partly paid shares
 "Adani Enterprises REs trade between ₹373-600 as rights issue opens")
Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center
Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub
 "Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center")
Smallcap funds pare core exposure as market valuation worries remain
Allocation to smallcap basket declines from 76.4% a year ago to 74.4%
 "Smallcap funds pare core exposure as market valuation worries remain")
States can draft labour code rules at their pace if aligned with new laws
Reportedly, the centre is in works to come up with the rules under the new codes by the first week of December, following which there will be a 45 day window for stakeholder consultations
 "States can draft labour code rules at their pace if aligned with new laws")
Ace International raises ₹305 cr to build dairy nutrition hub in Andhra
Funding from FMO, responsAbility, Incofin, and Fiedlin will back a greenfield facility in Kuppam, aimed at high-performance, customised nutrition ingredients
 "Ace International raises ₹305 cr to build dairy nutrition hub in Andhra")
Excelsoft Tech shares debut 5% higher after IPO subscribed 43 times
During the day, the stock surged 18.87 per cent to Rs 142.65 on the BSE. It finally ended at Rs 125.95 per share, up 4.95 per cent
 "Excelsoft Tech shares debut 5% higher after IPO subscribed 43 times")
Retail investors turn cautious as they dump stocks by most since 2023
That puts them on pace for the biggest quarterly selloff since the quarter ended June 2023, data compiled by Bloomberg showed
 "Retail investors turn cautious as they dump stocks by most since 2023")
Review medium-term debt target, make it more ambitious: IMF to Centre
In its Article 4 review, the Fund called for broader debt anchors, stronger state-level reforms and careful monitoring of tax cuts as India continues fiscal consolidation
 "Review medium-term debt target, make it more ambitious: IMF to Centre")
India rejects IMF view that US tariffs will stay indefinitely, hit growth
The IMF identified further escalation of trade tensions and deepening geoeconomic fragmentation as a significant near-term risk for India
 "India rejects IMF view that US tariffs will stay indefinitely, hit growth")