On November 13, 2025, the Enforcement Directorate arrested Manoj Gaur, former executive chairman and CEO of Jaiprakash Associates Limited (JAL) and former chairman and managing director of Jaypee Infratech Limited (JIL), on charges of money laundering. The Enforcement Directorate is investigating the Jaypee Group due to several cases initiated by the Economic Offences Wings of…
Edtech unicorn PhysicsWallah (PW), founded by Alakh Pandey, is focusing on affordability, regional expansion, and AI-driven learning as it gears up for a stock market listing. Co-founder Prateek Maheshwari told that PW will maintain its student-first, low-cost model, with only a 6–7% fee hike post-listing to offset inflation. PW’s courses, priced around ₹4,000 annually, have…
On Monday, November 10, MCX gold and silver prices surged in morning trade, supported by positive global cues and growing expectations of another U.S. Federal Reserve rate cut next month. MCX December gold futures rose 1.12% to ₹1,22,426 per 10 grams around 9:40 am, while December silver contracts jumped 1.93% to ₹1,50,579 per kg. The…
Medanta Global Health Limited (NSE: Medanta, BSE: 543654) has opened its sixth hospital, a 550-bed super-specialty facility in Noida, aiming to bring world-class healthcare closer to communities in Delhi/NCR. The hospital, operational since September 2025 with 226 beds and 81 ICU beds, has already welcomed 151 doctors across key specialties. Equipped with advanced medical technologies,…
ICICI Prudential Life Insurance on Thursday launched the BSE 500 Enhanced Value 50 Index Fund for its Unit Linked Insurance Plans (ULIPs), providing investors a platform to participate in India’s economic growth. The fund mirrors the BSE 500 Enhanced Value 50 Index, comprising 50 fundamentally strong companies currently trading below their intrinsic value, selected based…
B9 Beverages, known for the Bira 91 brand, is reportedly seeking to sell one of its assets to generate funds necessary to address overdue employee salaries and provident fund contributions. This decision comes in response to severe cash flow issues that have resulted in over 250 employees not receiving their wages for more than six…
Hindustan Aeronautics Ltd (HAL) announced on November 7 that it has signed an agreement with US-based General Electric (GE) for the supply of 113 F404-GE-IN20 engines, along with a support package, for the production of 97 LCA Mk1A fighter jets. The contract for the 97 Light Combat Aircraft was finalized in September 2025, with engine…
Industrialist Mehli Mistry has submitted a caveat petition to the Maharashtra Charity Commissioner, seeking the opportunity for a “fair hearing” prior to any actions taken to remove him from his position as a trustee of Tata Trusts. This caveat serves as a preemptive legal measure that prevents the court or Charity Commissioner from making decisions…
Bajaj Finance Ltd. disbursed approximately 63 lakh consumer loans during the festive season (September 22-October 26), marking a 27% volume increase and 29% value increase year-over-year. The surge reflects the impact of recent GST reforms and personal income tax changes aimed at boosting consumer purchasing power. The company acquired 23 lakh new customers, with 52%…
The initial public offering (IPO) of eyewear brand Lenskart Solutions Ltd drew strong investor interest during its subscription period. Attention now turns to the Lenskart IPO allotment, expected to be finalized today, November 6, 2025. The IPO opened from October 31 to November 4, and the company’s shares are scheduled to list on the BSE…
