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    ED issues fresh summons to Anil Ambani, wife in money laundering case
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    Telangana Rising as India’s New Investment & Innovation Hub
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February 10, 2026
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Enforcement Directorate summons Anil Ambani and Tina Ambani for PMLA questioning over alleged fraudulent property sale and remittance.
Enforcement Directorate has summoned Anil Ambani and Tina Ambani for statements to be recorded under the Prevention of Money Laundering Act in an inquiry alleging a fraudulent 2023 sale of a New York property during RCOM's insolvency process; the agency claims USD 8.3 million of sale proceeds were remitted via a sham investment arrangement with a Dubai entity linked to a Pakistan connected individual without the Resolution Professional's knowledge. ED has formed a special investigation team, attached assets and filed multiple ECIRs against Reliance Group companies.
February 10, 2026
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Lok Sabha disrupted by opposition protests, forcing adjournments and preventing ministers from answering during Question Hour.
Opposition protests disrupted Question Hour and early Budget proceedings, leading the presiding member to adjourn the Lok Sabha twice until 2 pm; ministers tabled papers amid sloganeering and physical demonstrations that drowned ministerial replies, and the Chair exercised authority to adjourn to restore order.
February 10, 2026
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Telangana positions itself as a national investment and innovation hub focused on policy clarity, infrastructure and inclusive job creation.
Telangana is advanced as an emerging national hub for investment and innovation, underpinned by investor friendly policies, regulatory clarity, infrastructure development and a skilled workforce. The state targets sectors including IT, life sciences, manufacturing, clean energy and deep tech via Global Capability Centres and startup support, using streamlined governance and public private collaboration to translate capital inflows into job creation, regional development and community empowerment.
February 10, 2026
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Sandese Aate Hai campaign delivers handwritten letters on JK Paper to soldiers across India's borders, honoring their service.
Sandese Aate Hai collects handwritten letters from citizens and delivers them to soldiers, documenting visits to forward and restricted defence locations where media and partners observe routines, training, operational systems, and conduct interviews with serving and retired personnel. The series foregrounds the use of JK Paper-sourced via an Agro-Social Farm Forestry Programme-to link the act of letter-writing with sustainability, farmer support, and a renewed civic practice of expressing gratitude to the armed forces.
February 10, 2026
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MGM Paradise Kumbakonam opens after Rs. 60 crore acquisition and renovation, debuting mid April with phased 100 room resort.
MGM Muthu Group acquired a 10 acre Kumbakonam estate for Rs. 40 crore and will invest Rs. 20 crore to convert it into MGM Paradise Kumbakonam, opening mid April 2026. The resort will open in two phases-initially 50 keys with dining and leisure facilities, later expanding to 100 rooms-featuring Chettinad inspired design, event and cultural venues, and amenities. The project highlights local employment, regional supplier partnerships, and sustainable tourism commitments as core elements of the Group's expansion.
February 10, 2026
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Lux Cozi Grand Retailers' meet brought 2,000+ retailers together to deepen trade partnerships and align distribution strategy.
Lux Cozi held a Grand Retailers' meet in Indore with over 2,000 retailers to strengthen retailer relationships, discuss market opportunities and consumer preferences, and promote retailer empowerment via product relevance, supply chain efficiency and sustained brand investment as part of a coordinated market expansion and distribution strategy.
February 10, 2026
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Asian markets rose on Japan's post-election rally while investors await US jobs and inflation data influencing Fed rate expectations.
Asian equity benchmarks rose, led by a post-election surge in Japan's Nikkei after a decisive parliamentary win for Sanae Takaichi's party, with investors expecting pro-growth reforms. Global sentiment was influenced by expectations of future Federal Reserve rate cuts, persistent concerns about high equity valuations and AI investment returns, and upcoming US employment and inflation reports that could shift rate expectations; Treasury yields were steady while commodities and FX reflected risk-on positioning.
February 10, 2026
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Jana Nayagan censorship row: producers withdraw petition after bench set aside certification order and restored case for amendment.
Producers of Jana Nayagan withdrew their writ petition seeking a CBFC censor certificate after interlocutory litigation in which a Single Judge ordered certification and quashed a referral communication, a First Bench stayed and later set aside that direction while restoring the petition for amendment; the bench allowed amendment, affording CBFC opportunity to file counter affidavit and permitting the Single Judge to determine whether referral to the Revising Committee complied with law.
February 10, 2026
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Sunetra Pawar assumes deputy chief minister duties, attends cabinet and budget committee meetings as guardian minister.
Sunetra Pawar assumed the official responsibilities of Deputy Chief Minister, will attend the next cabinet meeting and the business advisory committee meeting for the budget session, and has been assigned the excise, sports, minority welfare and aukaf portfolios while serving as guardian minister for two districts.
February 10, 2026
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Time Out Market Delhi to open under a franchise agreement, with QDL holding an exclusive option to expand across India.
Quint Digital Limited has signed a franchise agreement with Time Out Group plc to open Time Out Market Delhi (approx. 24,500 sq ft) at Worldmark Aerocity, with the lease advised by India Sotheby's International Realty. QDL holds an exclusive option to invest in, open, and operate additional Time Out Markets across India and will launch timeout.com/india alongside the physical market to integrate Time Out's editorial curation with QDL's digital and AI capabilities.
February 10, 2026
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fischer opens a national subsidiary in Saudi Arabia to support major construction projects and local production.
fischer has opened a national subsidiary in Saudi Arabia, headquartered in Riyadh with offices in Jeddah, Dammam and Tabuk and a production site in Dammam, strengthening its regional presence alongside Dubai and Qatar to supply fastening, fac ade and fire-protection solutions for major construction projects including Jeddah Tower, the Red Sea Project, the Solitaire Mall and Riyadh International Airport.
February 10, 2026
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GFTN and Startup Policy Forum announce collaboration to accelerate fintech innovation and cross-border startup growth.
A memorandum of understanding between GFTN and SPF establishes a strategic collaboration to accelerate fintech and digital innovation via coordinated policy engagement, ecosystem development, and programmes supporting cross border growth of Indian startups. The partnership will enable structured regulator industry dialogue, strengthen global-India innovation corridors, and facilitate knowledge exchange on digital finance infrastructure, responsible AI, digital assets, cross border payments, and regulatory innovation to support international expansion and capacity building.
February 10, 2026
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Forbes Global Properties launches Mission 2030 to set standards for branded luxury real estate, focusing on quality, governance and investor links.
Mission 2030 is a standards-led strategic vision to develop branded residences, commercial assets, and institutional advisory in India, prioritising selective partner criteria, asset excellence, transparency, governance, sustainability, and long-term value creation as prerequisites for endorsement and market linkage to global capital.
February 10, 2026
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Tina Ambani to be re-summoned for questioning under PMLA over alleged money trail linked to Manhattan condominium.
Enforcement agency to reissue summons to Tina Ambani to record her statement under the Prevention of Money Laundering Act concerning an alleged money trail linked to a Manhattan condominium; the probe alleges sale proceeds were remitted via a sham investment arrangement during a corporate insolvency resolution process and has produced arrests, ECIRs, a special investigation team, and asset attachments.
February 10, 2026
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Russian oil exports face sanctions, shipping bans and tariffs, sharply reducing revenues and prompting higher taxes and borrowing.
Sanctions on major oil producers, bans on refined products and shipping restrictions, plus interdictions of shadow tankers, have cut export receipts by widening discounts on Russian crude and disrupting payment and logistics channels; in turn, the government has raised taxes and increased borrowing to offset lost oil-related tax revenues.
February 10, 2026
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Kanpur Lamborghini crash: police cite CCTV and witnesses placing owner's son at wheel, despite lawyer's denial.
Investigation focuses on competing claims about who drove the Lamborghini: defence counsel says the designated driver was at the wheel, while police rely on CCTV footage, eyewitness accounts and other evidence to identify the accused-the owner's son-as driver. The FIR was amended from an unidentified driver to name the son, the vehicle has been seized for forensic examination, and police have attempted notice service and taken administrative steps pending further evidentiary development.
February 10, 2026
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Shatak Dhwaj Yatra begins at Lal Chowk with Bhagwa flag waved, marking RSS centenary and nationwide march.
The Shatak Dhwaj Yatra began at Srinagar's Lal Chowk with the Bhagwa flag waved there for the first time since Independence, launching a nationwide procession marking the Rashtriya Swayamsevak Sangh's 100-year centenary; the first leg ended in Ludhiana with a 100-biker rally, cultural celebrations and a felicitation ceremony, and the events are linked to the promotional release of the commemorative film Shatak: Sangh's 100 Years.
February 10, 2026
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US-India interim agreement talks and US tariff reduction on Bangladesh to 19% highlighted alongside regional election and conflict coverage.
US and India are cooperating to finalise an Interim Agreement toward a broader bilateral trade arrangement, while the United States has reduced applied tariffs on Bangladesh to 19 per cent; the release also notes related electoral developments in Nepal, Bangladesh, and Japan and ongoing coverage of Pakistan and the Russia-Ukraine conflict.
February 10, 2026
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Markets extend third day rally as Asian peers and foreign inflows lift benchmarks amid trade optimism.
Equity benchmarks extended a three day rally as positive Asian peers and sustained foreign institutional inflows supported gains; optimism over an interim trade framework with the United States and strength in US markets boosted investor sentiment while markets awaited US employment and CPI data to guide Fed policy. Foreign institutional investors bought equities worth Rs 2,254.64 crore and Brent crude eased slightly, with several large caps among the session's gainers and select financials and consumer names lagging.
February 10, 2026
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US-India trade framework requires India to cut tariffs, boost US purchases, and negotiate digital trade and supply chain rules.
The United States and India will implement a framework toward an Interim Agreement aiming to conclude a Bilateral Trade Agreement; India will eliminate or reduce tariffs on US industrial and specified agricultural goods and commit to significant purchases of US products, while the US will adjust reciprocal tariffs. The parties will continue negotiations on remaining tariffs and non-tariff barriers, rules of origin, services and investment, intellectual property, government procurement, digital trade rules including removal of digital services taxes, and measures to strengthen economic security and supply chain resilience.

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Ahmedabad University Announces Institute of Manufacturing and Economy at R&D Conclave on the Changing Nature of Innovation

February 9, 2026

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Ahmedabad, Gujarat, India (NewsVoir) India stands at a critical juncture, with manufacturing expected to drive the next phase of growth and development. Recent Free Trade Agreements are expected to intensify global competition while opening new opportunities for Indian firms to integrate into global markets. At the same time, India’s development trajectory will require increasing manufacturing’s contribution to GDP from about 15 percent to 25 percent, while addressing a dual challenge of leading in innovation-driven, technology-intensive manufacturing and enabling labour-intensive enterprises to achieve high productivity and create jobs.

These imperatives formed the backdrop to the R&D Conclave on the Changing Nature of Innovation, held at Ahmedabad University in collaboration with the Centre for Technology, Innovation and Economic Research (CTIER). The Conclave brought together perspectives from national research and funding institutions, government, industry, and academia, including participation from the Anusandhan National Research Foundation (ANRF), the Ministry of Electronics and Information Technology, Centre for Sustainable Energy and Mobility (C-SEM) and industry leaders from Tata Chemicals, Pidilite Industries Limited, and NXP Semiconductors.

In his keynote address at the conclave, Shivkumar Kalyanaraman, Chief Executive Officer of ANRF, spoke about the various mechanisms being put in place to strengthen collaboration between industry and academia in advanced manufacturing. He also emphasised the growing importance of interdisciplinary approaches in addressing complex technological and manufacturing challenges, and the need to align research, talent development, and industrial capability building.

On the sidelines of the Conclave, Ahmedabad University announced the setting up of the Institute of Manufacturing and Economy to rethink the future of manufacturing in relation to innovation, productivity, and economic strategy.

The transformation of manufacturing demands advances in materials, processes, and digital manufacturing, alongside stronger linkages between small and large firms and better coordination across supply chains. It also requires new approaches to talent development and to research, both managerial and technological, to enhance productivity and innovation.

Conceived in response, the Institute of Manufacturing and Economy brings together scientists, engineers, economists, managers, social scientists, policymakers, and industry practitioners, and treats manufacturing as a cross-disciplinary challenge spanning engineering, management, public policy, economics, and science, with a strong emphasis on collaboration with industry and government.

“Manufacturing challenges cannot be addressed in isolation. Envisioned as a leading global centre for research, education, innovation, and industrial problem-solving, the Institute recognises that productivity, technology adoption, research translation, workforce readiness, and supply chain coordination require integrated perspectives and sustained collaboration between academia, industry, and policymakers,” said Professor Pankaj Chandra, Vice Chancellor of Ahmedabad University. Through sustained engagement with firms and industrial clusters, the Institute aims to translate research into solutions relevant to manufacturing practice while developing a distinct and informed point of view on Indian manufacturing.

According to Professor Sunil Kale, Dean of the School of Engineering and Applied Science and Co-Director of the Institute, strengthening manufacturing requires close engagement with firms alongside a deep understanding of industrial policy, labour capabilities, productivity, and innovation systems. Advanced manufacturing will require systems integration that brings AI into various production domains. The Institute is planned to work closely with manufacturing industry in India.

The Institute’s activities will include new product and process optimisation, executive education programmes, manufacturing clinics for SMEs, publishing policy and competitiveness reports, and the biannual Stepwell Manufacturing and Economy Dialogue. It will also support postgraduate education at Ahmedabad University in areas such as composites, microelectronics and semiconductors, advanced manufacturing, 3D printing and operations management, alongside initiatives that support startups in advanced manufacturing.

The Institute draws on the breadth and depth of facilities at Ahmedabad University, including cutting-edge laboratories, fabrication and prototyping shops, The Learning Factory, VentureStudio, Tinkerers’ Laboratory, High Performance Computing infrastructure, Bloomberg Laboratory and incubation and research infrastructure. These facilities will support collaborative research, prototyping, testing, and training in partnership with industry. Through its integrated approach to research, education, and industry collaboration, the Institute of Manufacturing and Economy seeks to contribute to India’s transition towards a high-productivity, innovation-driven manufacturing ecosystem.

About Ahmedabad University Ahmedabad University is a leading private, non-profit research university offering students a liberal education focused on interdisciplinary learning, practice orientation, and research thinking.

The University has been • Recognised by the Government of Gujarat as a Centre of Excellence.

• Accredited with 'A' grade by the National Assessment and Accreditation Council (NAAC).

• Awarded Leadership and Management Team of the Year at the Times Higher Education Awards Asia 2025.

• Awarded a 5-star rating, the highest awarded in the Gujarat State Institutional Rating Framework (GSIRF) for 2021-22 and 2023-24, by the Knowledge Consortium of Gujarat (KCG), Department of Education, Government of Gujarat.

• Awarded the Royal Institute of British Architects (RIBA) International Award for Excellence 2024 for our University Centre.

• Awarded a 'Platinum Rating' by the Indian Green Building Council for sustainability and green practices.

• Recognised by the UGC under Section 12(B) of the UGC Act, becoming one of the very few private research universities to have been awarded this recognition for select research universities.

• Recognised as a Highly Commended University for Teaching and Learning Strategy of the Year in the Times Higher Education (THE) Awards Asia 2023.

• Awarded the AACSB’s Innovations That Inspire Award 2023 for its Foundation Programme.

• Awarded Gold Rating by the Indian Green Building Council for achieving the Green Building Standards at our University Centre.

The University, established in 2009, is rooted in the vision of one of India’s finest educational foundations, the Ahmedabad Education Society, which was founded in 1935 by nationalist leaders. Programmes at the University range from bachelors to doctoral levels in humanities and social sciences, natural sciences, engineering, and management through its 14 Schools and Centres: Amrut Mody School of Management | Bagchi School of Public Health | School of Arts and Sciences | School of Engineering and Applied Science | Ahmedabad Design Lab | Centre for Heritage Management | Centre for Learning Futures | Global Centre for Environment and Energy | International Centre for Space and Cosmology | Sahyog: Centre for Promoting Health | Stepwell Centre for Asian Futures | The Climate Institute | The Institute of Manufacturing and Economy | VentureStudio An urban university, Ahmedabad promotes independent-mindedness and diversity across all dimensions of its activity and helps students mature into critical thinkers who are analytically equipped, practically oriented, and contextually aware global citizens. The University provides a contemporary educational framework that brings liberal arts, sciences, and the professions to engage together in creating new knowledge for addressing complex challenges of the society and in offering majors that merge the boundaries of disciplines to prepare students for the new economy.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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