Complex peptide licensing: Kashiv to register and supply; Intas/Accord to commercialize in India, Europe and the UK. An exclusive licensing and supply agreement assigns Kashiv responsibility for regulatory registration, manufacturing and supply of a complex peptide product, while Intas will commercialize in India and Accord will commercialize and distribute in Europe and the UK, allocating territorial rights and distinct regulatory, supply and commercial roles between the parties.
Coal smuggling probe: two traders arrested in a money laundering investigation after inconsistent statements and targeted searches. Enforcement Directorate arrested two coal traders in a money laundering probe into alleged illegal coal mining and transportation after repeated questioning revealed multiple inconsistencies in their statements; searches and questioning were conducted across locations including Raniganj and Jamuria, and one arrestee is reported to be a close associate of a prime accused.
Tata Motors Ranipet plant begins large-scale production of luxury and electric vehicles, creating trained local manufacturing jobs. Tata Motors' Ranipet facility began large-scale production of luxury and electric vehicles as an anchor industrial investment of Rs 9,000 crore, delivered in about 16 months, and presented as evidence of stable governance, policy clarity, and investor confidence.
Indo US interim trade agreement risks India's strategic autonomy, agriculture and textile sectors via oil, feed and tariff conditions. The Indo US interim trade agreement is criticised for imposing trade conditionality by requiring India to stop purchasing Russian Federation oil for tariff relief and subjecting oil imports to US monitoring. The White House fact sheet adds agricultural entries (including pulses) and alters references to red sorghum and dried distillers' grains, raising concerns about genetically modified feed, impacts on cattle and dairy, and expanded market access. Tariff terms and US-Bangladesh preferences are said to disadvantage Indian textiles and cotton producers, prompting claims of erosion of strategic autonomy and adverse export competitiveness.
Sensex and Nifty rose on India-US trade optimism, FII inflows and rupee gains amid mixed Q3 earnings. Sensex and Nifty advanced for a third straight session on optimism over an India-US trade agreement and positive global cues; Sensex closed at 84,273.92 and Nifty at 25,935.15 after intraday highs, with sectoral winners offset by some large-cap laggards. The rise was attributed to easing tariff concerns, renewed foreign institutional investor inflows and rupee appreciation, while mixed Q3 earnings and profit-booking were expected to shape near-term market direction.
Rupee gains to 90.57 amid equity inflows and weak dollar, offset by geopolitical tensions and importer dollar demand. Rupee settled stronger by 9 paise at 90.57 against the US dollar after intraday trading between 90.48 and 90.77, supported by domestic equity gains and foreign inflows but capped by geopolitical tensions and importer dollar demand; market views expect a slight positive bias tempered by external risks and upcoming US economic data.
Lok Sabha disruptions escalated after opposition incursions onto the treasury benches, prompting petitions and member suspensions. Parliamentary discipline measures and petitions followed disruptions when opposition members advanced onto the treasury benches during the Motion of Thanks; BJP ministers said ruling party MPs were restrained from confronting them to preserve House dignity. The BJP's women MPs submitted a letter urging the Speaker to take the strongest action for alleged incursions, climbing of furniture and siege of the prime minister's seat. The Motion of Thanks proceeded without the prime minister's speech, and eight opposition members were suspended for the remainder of the Budget session for unruly behaviour.
MIDASX posts 30% quarterly revenue growth; SaaS reaches breakeven and multi asset marketplace expands and scales operations. MIDASX recorded 30% revenue growth in Q3 FY25-26 while its SaaS division reached breakeven, signaling cash flow positivity and enhanced unit economics. The company launched a B2B2C multi asset marketplace covering mutual funds, equities, debt and alternative products, onboarded 250+ IFAs, expanded headcount and opened a new Mumbai office, and plans to scale marketplace supply, add product manufacturers, expand AI workflows, and run nationwide events.
Tirupati laddu ghee adulteration probe leads to money laundering case under PMLA over alleged illicit proceeds. Enforcement Directorate registered a probe under the Prevention of Money Laundering Act into alleged proceeds of crime from a ghee adulteration scheme tied to Tirupati laddu production. The ED is examining the FIR and chargesheet from a CBI-led SIT that named 36 accused, and is investigating alleged hawala dealings, fund diversion and other financial channels used to generate or conceal illicit funds from the supply of chemically processed oil sold as ghee, valued at about Rs 250 crore.
Advance search notice may allow destruction of electronic evidence, risking and hampering tax investigations in the digital age. Challenge to search and seizure powers under Section 132 raises that prior notice may allow destruction of electronic evidence, risking investigative defeat, while petitioners assert excessive authority and third-party exposure; the court deferred further hearing and observed the powers are not uncontrolled.
Andhra Pradesh exempts stamp duty and registration fees to facilitate BPCL refinery land transfers near Ramayapatnam Port. The government exempted stamp duty of about Rs 17.6 crore and registration fees of about Rs 2.72 crore for transfer of 600.4 acres from APMB to APIIC and then to BPCL to facilitate a greenfield refinery, as part of incentives under the Andhra Pradesh Industrial Development Policy 4.0; the GO notes a valuation discrepancy between the registration authority and APIIC and treats the waived amounts as foregone state revenue.
ACT Fibernet's AI SmartWiFi improved in-home broadband speeds, reduced support calls, and optimized device connectivity at scale. ACT Fibernet's AI-powered ACT SmartWiFi , developed with Aprecomm, automatically optimizes in-home Wi Fi by steering smart TVs, laptops, and mobile devices to optimal channels, producing rapid measurable gains in throughput and stability; initial deployment across 250,000 homes yielded an average threefold speed increase and, at broader scale, reduced support calls and latency while improving video conferencing and streaming performance.
Merck Tagore Award honours Lars Christian Koch for advancing Indo German cultural exchange on Tagore's musical legacy. Merck India and the Goethe Institut / Max Mueller Bhavan India granted the sixth Merck Tagore Award to Professor Dr. Lars Christian Koch for his sustained contributions to Indo German cultural exchange concerning Rabindranath Tagore. The award, sponsored by Merck India and administered by the Goethe Institut, is part of Merck's global literary prizes and recognises writers and scholars who deepen cultural ties between Germany and India.
Corporate India is rapidly scaling net-zero strategies and turning to sustainable finance and carbon markets to fund decarbonisation. Corporate India shows broad confidence in achieving net-zero objectives, with most surveyed firms adopting net-zero strategies and increasing investments in emissions-reduction solutions. Sustainable finance-particularly green and sustainability-linked bonds and loans-is identified as a primary mechanism to mobilise capital for the transition, while carbon markets are expected to complement direct emissions reductions. Significant additional annual investment will be required, and enablers include scaling local manufacturing, expanding government support, and strengthening the financial sector's role in offering sustainable finance.
IIFL Finance wins 'Changemakers 2026' award for cybersecurity excellence, strengthening digital trust and driving innovation. IIFL Finance received the 'Changemakers 2026' award for its comprehensive cybersecurity framework that integrates advanced threat detection, continuous monitoring, intelligent automation and a zero trust mindset. Cybersecurity is embedded across technology architecture, product design and business processes as a security by design approach. The Company links ongoing investments in next generation security technologies, employee training and global partnerships to strengthen resilience, protect customer data and align technological innovation with governance and risk management.
Japan's election may enable fiscal loosening and tax relief, influencing markets and central bank interest-rate expectations. Japan's election gave the new administration capacity to implement fiscal loosening through tax relief and growth-oriented investment spending, measures noted by market commentators. These fiscal expectations have affected equity and currency markets, while upcoming U.S. jobs and consumer inflation reports may alter Federal Reserve interest-rate expectations and thus influence cross-border asset valuations and market stability.
IBS selection process for MBA/PGPM uses a Micro Presentation and Personal Interview; apply with valid test scores by Feb 14. ICFAI Business School's selection for the 2 year MBA/PGPM comprises a timed Micro Presentation (one minute preparation, three minutes total) and a Personal Interview assessing profile, goals and program fit; applicants must apply with valid CAT/XAT/NMAT/GMAT scores by the stated deadline and selection emphasises communication, structured thought, practical orientation and awareness of current affairs.
Shriram Life debuts AI-created Rahul Dravid ads promoting the Flexi Shield plan's adjustable cover, premium holidays, and terminal illness advance. Shriram Life used advanced AI to produce multilingual advertisements featuring Rahul Dravid, promoting the Flexi Shield term plan that allows customers to increase or decrease cover, take premium holidays, and receive 50% of the sum assured upfront on terminal illness while the policy continues without further premiums; the campaign emphasizes AI-enabled localized production and targeted regional marketing.
Jewelry-watch hybrids for women combining jewelry aesthetics and reliable timekeeping, priced under Rs. 3,000 and sold direct-to-consumer. Canon Quartz launched the Serenite Collection, a women's jewelry-watch range priced under Rs. 3,000 that combines jewelry aesthetics with everyday timekeeping. The line features balanced proportions, interchangeable straps, sapphire crystal elements, a curated colour palette, and reliable Japanese movements backed by 28 years of brand heritage. Positioned for Gen Z and millennial women, the collection is sold direct-to-consumer through canonquartz.com and Eternz.com to deliver jewelry-grade design at accessible pricing by bypassing traditional retail markups.
APAC engineers accelerate AI adoption, prioritizing reliability, Edge AI integration, and addressing data and maintenance challenges. APAC engineers are accelerating commercial scale AI integration-led by China's large scale deployments and Japan's emphasis on reliability-targeting applications like process automation, predictive maintenance, and anomaly detection while combining Edge AI and machine learning. Persistent challenges of data quality and continuous maintenance are driving investment in model optimization and data analysis to enable reliable, cost and power constrained deployments, with the survey of 1,200 engineers informing industry support strategies for semiconductor, design, and supply chain solutions.
Draft Income-tax Rules, 2026 set new valuation, notification, electronic filing and compliance procedures for tax administration.
Draft Income-tax Rules, 2026 operationalise the Income-tax Act, 2025 by consolidating and simplifying subordinate provisions, introducing standardised smart forms and electronic furnishing, and prescribing substantive and procedural rules covering dividend arrangements, stock-exchange recognition, fair market value methodologies for assets and indirect transfers, income determination for non-residents, thresholds for significant economic presence, valuation and transfer-pricing procedures, perquisites valuation, depreciation rates, notification and approval processes for specified businesses and research approvals, and timelines and audit/reporting obligations tied to returns.
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