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Hyundai Motor India to invest ₹45,000 crore by FY30, launch 26 new models

Hyundai Motor India to invest ₹45,000 crore by FY30, launch 26 new models

South Korean auto major Hyundai Motor Co President & CEO Jose Munoz on Wednesday said the company's Indian arm will invest ₹45,000 crore by FY30, aiming to make India its second-largest region globally.

Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.

Pak PM Sharif lauds Trump's efforts in Gaza deal, calls him 'man of peace'

Pak PM Sharif lauds Trump's efforts in Gaza deal, calls him 'man of peace'

Pakistan Prime Minister Shehbaz Sharif on Monday (local time) lauded US President Donald Trump for his role in brokering peace in Gaza, calling him “genuinely, a man of peace".

Sharif made the remarks at the Gaza Peace Summit in Sharm el-Sheikh, Egypt, shortly after Israel and Hamas agreed to a ceasefire.

LG Electronics India lists at 50% premium, Mcap at ₹1 trn; analysts bullish

LG Electronics India lists at 50% premium, Mcap at ₹1 trn; analysts bullish

LG Electronics India share price: The much-awaited LG Electronics India made a strong debut on Dalal Street on Tuesday, October 14, 2025, with its shares listing at ₹1,710 on the NSE, reflecting a premium of 50 per cent over the issue price of ₹1,140. Shortly after listing, the stock traded at ₹1,703, slightly down from its opening but still holding notable gains.

WHO warns against three Indian cough syrups including deadly Coldrif

WHO warns against three Indian cough syrups including deadly Coldrif

The World Health Organization (WHO) has issued a warning against three Indian-made cough syrups, including Coldrif by Sresan Pharmaceuticals, which has been linked to the deaths of at least 21 children in Chhindwara, Madhya Pradesh.

According to a report by Reuters, the WHO identified specific batches of Coldrif (Sresan Pharmaceuticals), ReLife (Shape Pharma), and Respifresh TR (Rednex Pharmaceuticals) as contaminated.

Biden welcomes hostage release, ceasefire deal, commends Trump

Biden welcomes hostage release, ceasefire deal, commends Trump

In a major breakthrough toward ending months of violence, the last 20 remaining hostages held in the Israel-Gaza conflict have been released, reuniting with their families after enduring what Former US President Joe Biden described as "unimaginable hell."

In a statement issued following the news, Biden expressed deep gratitude and relief over the release and the renewed ceasefire deal that made it possible.

Dubai's Emirates NBD eyes majority control in RBL Bank for ₹15,000 cr

Dubai's Emirates NBD eyes majority control in RBL Bank for ₹15,000 cr

Dubai-based Emirates NBD Bank is in advanced talks to acquire a 51 per cent stake in Indian private lender RBL Bank, Mint reported, citing two sources.

The group is expected to buy around 26 per cent from institutional investors and then make an open offer for an additional 25 per cent, the report added.

EPFO liberalises EPF partial withdrawals; members can withdraw up to 100%

EPFO liberalises EPF partial withdrawals; members can withdraw up to 100%

The board of retirement fund body EPFO on Monday approved liberalised part withdrawals for its more than seven crore subscribers, allowing up to 100 per cent EPF withdrawal.

The Central Board of Trustees (CBT), the apex decision-making body of EPFO, headed by Labour Minister Mansukh Mandaviya, took several path-breaking decisions during its meeting, a Labour Ministry statement said on Monday.

Joel Mokyr, Philippe Aghion, Peter Howitt win Nobel Prize in Economics

Joel Mokyr, Philippe Aghion, Peter Howitt win Nobel Prize in Economics

The 2025 Nobel Prize in Economic Sciences has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their work on "innovation-driven economic growth", the Nobel Committee said on Monday.

Mokyr of Northwestern University received one half of the prize for identifying the prerequisites for sustained growth through technological progress.

Mankind Pharma MD Rajeev Juneja appointed new president of PHDCCI

Mankind Pharma MD Rajeev Juneja appointed new president of PHDCCI

The PHD Chamber of Commerce and Industry (PHDCCI) has announced a new leadership team, appointing Rajeev Juneja as its president. Juneja, who serves as vice-chairman and managing director of Mankind Pharma, succeeds Hemant Jain, who now serves as the immediate former president.

Foxconn to invest ₹15,000 cr in Tamil Nadu, create 14,000 engineering jobs

Foxconn to invest ₹15,000 cr in Tamil Nadu, create 14,000 engineering jobs

The world’s largest electronics contract manufacturing firm, Foxconn Group, will invest around ₹15,000 crore in Tamil Nadu and create 14,000 high-value engineering jobs as part of its next phase of expansion in the state, state industries minister TRB Rajaa said on Monday. The new investments will primarily focus on artificial intelligence-led advanced tech operations, value-added manufacturing, and research and development integration.

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