The Haldiram Group is now exploring a major shift into western-style quick service restaurants (QSR). The company is in advanced discussions with US-based Inspire Brands to bring its popular sandwich chain Jimmy John’s to India through an exclusive franchise partnership, according to a report by The Economic Times.

Medical specialists have warned residents of Delhi-NCR about a severe health crisis triggered by the high air pollution in the region. Dr Arvind Kumar, Thoracic (Chest) Surgeon & Lung Health Specialist, Medanta Hospital, said that hospitals are seeing a spike in cases related to effect of pollution

Private sector lender IndusInd Bank on Monday said it has appointed Amitabh Kumar Singh as the chief human resources officer (CHRO), effective November 10. Singh will also be part of the senior management personnel of the bank.

Singh has previously worked with the ICICI group for the last 21 years. In his last assignment with the ICICI group, he was CHRO for ICICI Home Finance. Singh has spent eight years with ICICI Prudential life insurance, and 11 years with ICICI bank.

Analysts are turning bullish on gold, and suggest the current weakness in the prices can be used to buy the yellow metal from a long-term perspective.

Gold prices peaked intraday at $4,381.5 per ounce (oz) on October 20, or 33.3 per cent above the prevailing 200-day moving average (DMA) after which profit booking set in, data suggests. The last time gold was this much above the 200-DMA was in May 2006.

The Ministry of Steel has granted approval to ArcelorMittal Nippon Steel India (AMNS India) for establishing an iron ore slurry pipeline from Chhattisgarh to Andhra Pradesh via Odisha, clearing the way for implementation of the company’s proposed 17 million tonne per annum (MTPA) integrated steel plant at Anakapalle in Andhra Pradesh.

The government is planning to set up the proposed artificial intelligence (AI) regulatory body, the Artificial Intelligence Governance Group (AIGG) and the Technology Policy and Ethics Committee (TPEC) by December to create a structured and unified approach to AI regulation, safety, and innovation in India, according to a report by The Economic Times.

Delhi airport, the busiest in India, plunged into chaos on Friday after a technical glitch in the air traffic control (ATC) system delayed more than 800 domestic and international flights, sources said.

There were long queues near boarding gates, according to sources, and hundreds of passengers were waiting inside the airport terminals for flight updates.

Singapore Telecommunications (Singtel) said on Friday it had sold a 0.8 per cent stake worth S$1.5 billion ($1.16 billion) in India's Bharti Airtel, as part of the Southeast Asian telecom company's ongoing asset restructuring strategy.

Singtel's unit Pastel sold 51 million shares of Bharti Airtel, India's second-largest telecom operator, at ₹2,030 ($23.10) apiece, representing a discount of about 3.1 per cent to Airtel's last close on Thursday.

Reserve Bank of India Governor Sanjay Malhotra said on Friday it is not the regulator’s job to take decisions for bank boards, speaking in the context of a wide range of reforms announced during the October review of the monetary policy.

The central bank last month announced 22 measures, including allowing banks to finance acquisitions, increasing limits on loans against shares.

The Supreme Court (SC) on Friday observed that no blame could be directed to the pilot of the Air India flight that crashed in Ahmedabad on June 12 this year, LiveLaw reported.

A two-judge bench of Justice Surya Kant and Justice Joymalya Bagchi was hearing a petition filed by Pushkar Raj Sabharwal, the father of Commander Sumeet Sabharwal.

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