Bharat Heavy Electricals Limited (BHEL) has won a major Engineering, Procurement, and Construction (EPC) order worth Rs. 6,650 crore from NTPC Limited for setting up a 1x800 MW supercritical thermal power unit at the Darlipali Super Thermal Power Project, Stage-II, in Odisha. The project, to be completed within 48 months, underscores BHEL’s continuing dominance in India’s thermal power engineering sector.

Aster DM Healthcare reported a strong second-quarter performance, with net profit climbing 13% year-on-year to Rs. 110 crore for the quarter ended September 30, 2025. The company’s consolidated revenue increased 10% to Rs. 1,197 crore, supported by steady operational growth and efficiency improvements across its hospital and pharmacy segments. Despite a softer season for illness-related admissions, Aster maintained profitability through disciplined cost management and strategic expansion.

Pine Labs, one of India’s leading fintech companies, has raised Rs. 1,754 crore from anchor investors ahead of its highly anticipated initial public offering (IPO). The pre-IPO funding round, anchored by a strong mix of global and domestic institutions including SBI Mutual Fund and MIT Investment Management Company, signals robust investor confidence in the firm’s growth trajectory. Set to open for subscription on November 7, the IPO reflects Pine Labs’ strategic bid to strengthen its market position while adopting a pragmatic valuation approach amid a cautious funding environment.

The Supreme Court has described the experience of buying and selling property in India as “traumatic,” sharply criticizing systemic inefficiencies, fraud risks, and bureaucratic hurdles that continue to burden homebuyers and sellers. Hearing a matter involving disputed land ownership, the bench remarked that individuals often face protracted legal battles, unclear documentation, and administrative obstacles in securing rightful possession.

The Indian government’s decision to revoke the Quality Control Order (QCO) on polyester products has been met with widespread approval across the textile sector. The move is expected to ease raw material imports, reduce production bottlenecks, and enhance global competitiveness for domestic manufacturers. Industry stakeholders believe that lifting the QCO will lower input costs and help revive export momentum in a sector that contributes significantly to India’s GDP and employment.

Apeejay Surrendra Park Hotels Ltd., a leading name in India’s hospitality sector, has unveiled an aggressive expansion strategy aimed at growing its portfolio to 74 hotels by FY2030. The company, which operates iconic brands such as The Park Hotels, Zone by The Park, and Stop by Zone, plans to achieve this growth through a mix of owned, leased, and management contract properties.

In a significant development for the healthcare and biotechnology sectors, Teijin Limited, a global leader in advanced materials and healthcare solutions, has announced a strategic partnership with BioVaram, an emerging Indian biomedical firm. The collaboration aims to drive innovation in regenerative medicine, drug delivery systems, and advanced biomaterials tailored for India’s rapidly evolving medical landscape.

India Ratings and Research (Ind-Ra) has projected India’s gross domestic product (GDP) to expand by 7.2% in the second quarter of FY26, underscoring the economy’s continued resilience amid global uncertainty. The forecast attributes the growth primarily to a surge in private consumption, improved rural demand, and steady investment activity, supported by government infrastructure spending.

The much-anticipated initial public offering (IPO) of PhysicsWallah Ltd, India’s leading edtech platform, witnessed a modest subscription of around 10% on the second day of bidding. Despite strong brand recognition and a wide student base, the tepid response suggests investors are exercising caution toward the broader edtech sector, which continues to grapple with profitability and post-pandemic stabilization. The Rs.

Tata Motors’ newly demerged Commercial Vehicle (CV) division made a powerful debut on the Indian stock exchanges, listing with a premium of nearly 28 percent over its pre-listing valuation. The restructuring, which separates Tata Motors’ passenger and commercial vehicle businesses, is designed to create operational independence, sharpen strategic focus, and unlock long-term shareholder value. Market analysts view the move as a landmark in India’s automotive industry, aligning Tata Motors’ structure with global best practices.