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Markets open higher as AI selloff boosts anti-tech trade; Reliance, Tata Steel lead gains

New Delhi, Nov. 2 -- Benchmark indices opened sharply higher on Monday, November 2, 2026, as the Sensex surged 783 points or 1.05 per cent to 75,242.57 from its previous close of 74,459.53, opening at... Read More


TN material curbs raise Bengaluru construction costs, threaten project timelines

New Delhi, Nov. 2 -- Construction cost uncertainty is squeezing Bengaluru developers, with overall costs estimated to have risen by Rs.200-300 per sq ft since July following Tamil Nadu's restrictions ... Read More


IDBI Bank sale: More skeletons may be waiting to tumble, says EAS Sarma

New Delhi, Nov. 2 -- Recent revelations in the protracted disinvestment of IDBI indicateshow clumsily the Department of Investment and Public Assets Management (DIPAM) has handled the entire process, ... Read More


TRAI amends consumer redressal framework with fine up to Rs.20 lakh per quarter per service area for telcos

New Delhi, Nov. 2 -- The Telecom Regulatory Authority of India (TRAI) on Monday has amended the Telecom Consumers Complaint Redressal framework, thereby tightening the rules for consumer grievance red... Read More


Karnataka Industries Minister refutes claims of Honda exit

New Delhi, Nov. 2 -- Karnataka Industries Minister M B Patil has refuted Union Minister for Heavy Industries H D Kumaraswamy's claim that Honda Motor is planning to move out of Karnataka. Responding ... Read More


Tech firms eye business opportunity in AI model routing

New Delhi, Nov. 2 -- The growing use of multiple AI models within enterprises is opening up a new monetisation opportunity for technology companies in model routing, which helps businesses select the ... Read More


India's sugar production up at a record high of 8.5 lakh tonnes in October

New Delhi, Nov. 2 -- India has produced a record 8.45 lakh tonnes (lt) of sugar in the first month of the 2026-27 (October-September) crushing season, largely driven by the 7.20 lt produced by mills i... Read More


IRDAI streamlines regulatory procedures for insurer share transfers, IPOs and mergers

New Delhi, Nov. 2 -- The Insurance Regulatory and Development Authority of India (IRDAI) has on Monday streamlinedexisting procedures forthe registration of insurers, capital structure, transfer of sh... Read More


Cipla tops drug overcharging dues with Rs.3,576 crore; J&J, Ranbaxy among top five

New Delhi, Nov. 2 -- For more than four decades, India's drug price regulator has been trying to recover money from pharmaceutical companies that charged patients more than the prices allowed under th... Read More


Dr Reddy's injectable lenacapavir for HIV prevention gets tentative nod from USFDA

New Delhi, Nov. 2 -- Dr Reddy's Laboratories has received atentative approval from the US Food and Drug Administration (USFDA) to its long-acting injectable lenacapavir for pre-exposure prophylaxis (P... Read More