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    KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025
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February 9, 2026
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KRAFTON records KRW 3.3266 trillion annual revenue and plans franchise expansion, AI innovation, and M&A.
KRAFTON's consolidated FY2025 results under K-IFRS show annual revenue of KRW 3.3266 trillion and operating profit of KRW 1.0544 trillion, with Q4 revenue KRW 919.7 billion and a KRW 81.6 billion one-time labor welfare expense reducing quarterly operating profit. PC delivered KRW 1.1846 trillion and mobile KRW 1.7407 trillion; other revenue rose due to ADK and Neptune consolidation. The company plans 2026 growth through scaling Franchise IPs, AI-led production and live services, targeted M&A, strategic investments, 2PP, and a 15-project first-party pipeline.
February 9, 2026
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HDFC Life and Muthoot FinCorp partner to distribute life insurance via branches and digital channels to expand coverage.
HDFC Life and Muthoot FinCorp have formed a distribution partnership to offer HDFC Life's group and individual life insurance products, including protection and long-term savings solutions, via Muthoot FinCorp's branch network and digital platform, leveraging HDFC Life's product and risk expertise and digitally integrated sales processes to expand insurance access and financial inclusion in semi-urban and rural markets.
February 9, 2026
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JK Cement Bikaner grinding unit: 2 MTPA capacity, INR 500 crore investment, construction Feb 2026, production March 2027.
JK Cement has commenced Bhoomi Poojan for a 2 MTPA grinding unit in Bikaner on 100 acres along the Jaipur-Bikaner highway, with an approximate INR 500 crore investment. Construction is to begin February 2026 and commercial production is projected by March 2027. The facility is intended to shorten distribution lead times across Rajasthan, enable 24-hour deliveries to most locations, deepen the company's market presence, and generate direct and indirect employment while fostering ancillary industry development.
February 9, 2026
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India-US interim trade framework cuts tariffs and includes $500bn purchase intentions, coinciding with rupee volatility and market moves.
The interim trade framework will see the US reduce tariffs on Indian goods to 18% from roughly 50%, while India will eliminate or lower import duties on US industrial goods and a broad range of American food and agricultural products; India also expressed intent to purchase USD 500 billion of specified US goods over five years. The announcement coincided with rupee volatility, which settled at 90.74 per USD, amid equity gains, foreign inflows and a rise in forex reserves to USD 723.774 billion.
February 9, 2026
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Investment scam victims protest over Rs 1,200 crore fraud, demand probe, restitution and asset seizure transparency.
Three accused associated with Trade with Jazz were arrested after an alleged scheme promising 4% monthly returns defrauded about 11,000 investors of roughly Rs 1,200 crore; authorities have invoked depositor protection and criminal provisions, while protesters demand an expedited probe, restitution and point to minimal asset seizures of about Rs 12 lakh.
February 9, 2026
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Union Budget supports MSME credit and artisanal schemes, boosts electronics and textile manufacturing, and promotes AI and GCC growth.
The 2026-27 Union Budget provisions focus on MSME support through a Rs 10,000 crore credit and institutional package and include the Mahatma Gandhi Gram Swaraj Yojana for handloom and handicrafts. Sectoral emphasis is placed on electronics manufacturing, textile parks to boost trade opportunities, AI engagement via an upcoming summit, and expansion of Global Capability Centres to increase employment and revenue.
February 9, 2026
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India 2030 Leadership Conclave returns to Mumbai on 6 April to convene leaders on growth and launch The Power Chair.
The ninth India 2030 Leadership Conclave will convene on 6 April 2026 in Mumbai to host sectoral discussions on India's next growth supercycle, institutional leadership, enterprise innovation and brand trust, include a Business & Brand Excellence Awards night, and launch the digital initiative 'India 2030: The Power Chair' as a year round platform seeded by 15 minute agenda setting sessions evolving into longer podcast dialogues; registration and sponsorship information are provided through a web form and contact email.
February 9, 2026
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Outreach OPD services in Bongaon connect residents to specialist care, prevention, and early diagnosis through local seminars and referral links.
Manipal Hospital Whitefield and Varthur Road launched New Outreach OPD Services in Bongaon with an Information Centre to provide patient guidance and referral pathways to specialised care; the accompanying seminar emphasized prevention, early diagnosis, lifestyle modification, and accessible specialist intervention for cardiovascular, gastrointestinal, orthopaedic, and spine disorders.
February 9, 2026
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IIFL Capital received SEBI nod to form an IFSC subsidiary to serve global investors and enable cross-border investment flows.
SEBI issued a No Objection for IIFL Capital to form a Wholly Owned Subsidiary at GIFT IFSC to carry out permitted financial services and capital market activities as a separate legal entity, subject to remaining statutory and regulatory approvals and operational clearances.
February 9, 2026
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Breach of privilege notice over announcing Indo US trade deal details outside Parliament during a sitting.
DMK MP Tiruchi Siva lodged a breach of privilege notice against Commerce Minister Piyush Goyal for announcing details of the Indo US trade framework to the media while Parliament was in session, asserting such external disclosure contravenes parliamentary practice and amounts to a breach of the House's privilege; the Chairman noted Goyal had earlier made a statement in the House and said the matter would be examined later while proceeding with the day's business.
February 9, 2026
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EPF withdrawals to be enabled via UPI in new EPFO app, with portion frozen and auto-settlement expanded.
EPFO will deploy a mobile application allowing members to transfer an eligible portion of their EPF balance to their seeded bank accounts via UPI, authenticated by the member's UPI PIN, while a proportion of the balance remains frozen and existing portals remain operational.
February 9, 2026
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Rahul Gandhi urges revocation of eight MPs' suspensions to break Lok Sabha stalemate and demand right to speak.
Opposition leaders urged the Lok Sabha Speaker to allow the Leader of the Opposition to speak before the Budget discussion and to revoke the suspension of eight opposition MPs, citing those suspensions and related conduct complaints as the cause of repeated disruptions. The Speaker had earlier restricted interventions based on information alleging risk of disorder and unexpected acts, framing the issue as one of Chair authority, parliamentary discipline, and resumption of proceedings on the Motion of Thanks and Budget debate.
February 9, 2026
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Jammu and Kashmir plans hydro capacity growth to 7,314.85 MW; a delayed IPP project faces default proceedings and policy review.
Jammu and Kashmir plans installed hydro capacity of 7,314.85 MW by 2030-31 via 3,704.5 MW of additions from eight proposed and six under construction projects. The Ans (Nandoli) project faces delay due to IPP non performance; a notice of default was issued, the IPP submitted a DPR and a financial analysis citing a Rs 7.30/kWh levelized tariff and seeks exit and premium refund; the State Power Development Corporation is considering the matter under the implementation agreement and Hydro Electric Power Policy 2011. Electrification gaps in certain habitations are being addressed under the DA JGUA scheme with new DPRs.
February 9, 2026
Show AI Summary
Agricultural carbon markets must protect farmers through revenue transparency, yield protection, and independent verification.
Agricultural carbon markets in India emphasize financial efficiency and credit volumes over farmer welfare, creating risks from underreported yield declines and intermediary value capture; standards like VM0042 bar certification where reduced fertilizer causes yield loss. Soil methods such as biochar are context-dependent and require multi-year, large-scale field evidence before crediting. The dairy sector is an untapped mitigation opportunity needing India-specific methodologies and scalable pilots. Recommended reforms include mandated revenue transparency, farmer-first contracts, independent yield monitoring with compensation, publicly funded trials, corporate co-financing for research, and stronger public oversight to protect farmers.
February 9, 2026
Show AI Summary
Digital Twin solution shifts facility management to proactive BIM- and data-driven asset management demonstrating WELL-aligned performance monitoring.
Neilsoft and RSP developed a Predictive Digital Twin for a United World College campus, shifting facility management to a proactive BIM- and data-analytics-driven asset management model for operations, demonstrating monitoring, visualization and optimisation aligned to seven WELL Building Standard concepts and planning a dedicated Digital Twin Practice for large projects.
February 9, 2026
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RSS chief Mohan Bhagwat meeting Adnan Sami sparks opposition allegations of anti nationalism and political criticism.
Opposition parties criticised the RSS chief for dining with Adnan Sami, citing Sami's father's service in the Pakistan Air Force and alleged role in the 1965 Pathankot attack, and called the meeting anti national. Shiv Sena (UBT) raised additional reputational concerns about an actress at the event who faces a lookout notice and connected the Sangh to wider policy criticism over the Indo US trade deal. Sami posted photographs and praise of the meeting on social media.
February 9, 2026
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JGU signs MoUs with ten universities to expand student mobility, faculty exchange and joint research.
O.P. Jindal Global University executed ten Memoranda of Understanding with international partner universities establishing frameworks for student and faculty exchange, joint research, academic engagement, capacity building, and other mutually agreed initiatives to be implemented in line with partner institutions' academic priorities, extending JGU's international collaborations to over 600 partnerships across 80+ countries.
February 9, 2026
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KRAFTON announces a KRW1 trillion shareholder return program via dividends and share buybacks starting with a KRW200bn repurchase.
KRAFTON's board authorized a Shareholder Return Program of at least KRW 1 trillion for 2026-2028, split into KRW 300 billion of dividend payouts (KRW 100 billion annually, a first for the company) and at least KRW 700 billion in share repurchases to be cancelled, with an initial KRW 200 billion buyback commencing February 10; the company may expand returns depending on financial performance and market conditions.
February 9, 2026
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Japanese election landslide cut political ambiguity, boosting markets and enabling swift passage of a market-friendly budget plan.
A parliamentary supermajority won by Prime Minister Takaichi's governing party reduced political ambiguity and strengthened the executive's ability to pursue a market-friendly policy agenda, notably facilitating passage of a delayed budget bill to fund measures addressing rising costs and sluggish wages. Markets reacted immediately: Japan's benchmark hit intraday records and major Asian and European indices rose, with accompanying moves in currency, commodities, and cryptocurrencies as investors reprice reduced policy uncertainty and increased predictability of fiscal action.
February 9, 2026
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MUJ Online confirms UGC-entitled online degrees, NAAC accreditation, and measures to ensure quality, access, and employability.
MUJ Online reiterated that its online degrees are UGC-entitled and recognised as equivalent to on campus qualifications, delivered under MUJ's NAAC A+ accreditation through the Centre for Distance and Online Education. Quality measures include live expert-led classes, research guidance with publication incentives, a one-week campus immersion program, and placement assistance such as skill assessments and virtual placement drives to enhance employability and lifelong learning.

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Lamborghini crash in Kanpur: Tobacco baron's son to undergo medical exam, no arrests yet

February 9, 2026

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Kanpur (UP), Feb 9 (PTI) The tobacco baron’s son allegedly driving the speeding Lamborghini that ploughed into pedestrians, injuring six people, will be examined to ascertain whether he suffers from epilepsy or any other medical condition, police said on Monday, a day after the latest crash involving a recklessly driven luxury car grabbed headlines.

No arrests have been made yet in the accident that took place in broad daylight on Sunday afternoon. An FIR has been registered an “unidentified driver”, officials said. However, Shivam Mishra, son of Banshidhar Exports Pvt Ltd's owner K K Mishra who has been under the IT department’s scanner, is part of the investigation, they said.

The accident involving the Lamborghini Revuelto, an Italian luxury sports car that costs upwards of Rs 10 crore, took place on VIP Road in Kanpur’s upscale Gwaltoli area around 3.15 pm. SHO of the area Santosh Gaur was removed from his post and sent to police lines.

“He failed to follow due procedure after the accident... The lapse amounts to negligence. Immediate action has been taken,” Commissioner of Police Raghubir Lal told PTI.

The place was buzzing with people and vehicles at the time. Recalling the horror, eyewitnesses said the car first hit an autorickshaw and then crashed into a stationary motorcycle, flinging its rider nearly 10 feet into the air.

The car mounted the motorcycle's front wheel and dragged it for some distance before hitting an electric pole and coming to a halt.

The black Lamborghini with a Delhi number plate, DL 11 CF 4018, has been seized and sent for mechanical inspection, police said.

Angry locals gathered at the spot after the accident and surrounded the car, forcing the driver to remain inside. Witnesses alleged that private bouncers accompanying the accused tried to push back the crowd, escalating tensions.

Police rushed to the spot, rescued the driver and shifted him and the injured to a private hospital, officials said.

At the police station, the victims and local residents alleged that associates of the accused misbehaved with them. They also claimed that police was going soft on Mishra due to his family's influence.

Sonu Tripathi, one of the injured, told reporters that he and his cousin were standing near their motorcycle when the car hit them. He said his cousin fell and two other persons were flung onto the footpath.

On Monday, as speculation swirled that Shivam Mishra may have been inebriated, his family stepped into say that he has been suffering from epilepsy.

“We then decided to subject him to a medical examination to check whether epilepsy or another medical condition could have contributed to the crash,” an official said.

Lal said further action would depend on the medical findings.

"If the tests show that he was medically unfit to drive, we will examine how he obtained a driving licence," added Lal. He said the role of officials of the Regional Transport Office (RTO) would also be scrutinised if any violation of norms is found.

“Strict instructions have been issued to complete the investigation within the stipulated time and file the chargesheet at the earliest,” Lal told PTI.

"We will leave no stone unturned to ensure legal action against the accused," he said.

Footage from multiple CCTV cameras installed at nearby shops, traffic intersections and residential buildings is being examined to reconstruct the sequence of events and determine the speed of the vehicle at the time of the crash.

Mishra is under close surveillance to prevent any attempt to evade the investigation, according to police.

The FIR was registered under charges of rash and negligent driving and causing hurt based on a complaint filed by Taufiq, one of the injured.

Taufiq was thrown several metres and suffered serious leg injuries. The remaining injured sustained fractures and bruises, police said.

All injured have been discharged from the hospital.

K K Mishra's Banshidhar Exports Pvt. Ltd. supplies tobacco to gutkha manufacturers in the region.

Officials said the Mishras had come under the scanner of the Income Tax Department in March 2024. The department conducted searches at multiple premises in Delhi and Kanpur, and found luxury vehicles and around Rs 4.5 crore in cash.

Among the seized cars was a Rolls-Royce Phantom, McLaren, Porsche and the black Lamborghini Revuelto involved in Sunday's accident. Many of them bore the distinctive registration number "4018", the official added.

Jewellery and expensive watches were also seized.

Sunday’s accident highlights once again the dangers of powerful cars speeding through often congested streets of India’s cities.

In May 2024, for instance, two IT professionals were killed in Pune after a speeding Porsche, allegedly driven by a minor and the son of a prominent builder, rammed their motorcycle. The case triggered nationwide outrage over juvenile justice laws and drunk driving, and the accused was later ordered to be tried as an adult.

In July last year, a drunk driver of an Audi car allegedly ran over five people, including two couples and an eight-year-old girl, injuring them while they were sleeping on a footpath in Delhi’s Vasant Vihar.

Before that, in March, two labourers were injured when a red Lamborghini allegedly hit them while they were working on a footpath in Noida.

And in 2023, nine people were killed and several injured after a speeding Jaguar car allegedly driven by a businessman’s son rammed into a crowd on ISKCON Bridge in the early hours of July 20, 2023. PTI COR ABN KIS MG MIN MIN MIN

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