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The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines

Godrej Enterprises Group (GEG) will intensify its focus on exports to strengthen its global presence, while continuing to aggressively pursue growth in both consumer and industrial businesses within India, its chairman Jamshyd Godrej said in an exclusive interaction with ET on Thursday. «We would like to deepen whatever we do in appliances and furniture as well as in our industrial group… We do see a good amount of growth in export-both for our consumer-facing goods as well as our industrial group,» Godrej said. «We are actively expanding into new markets like automotive, warehousing, security and aerospace. Despite geopolitical challenges, we remain committed to sustained growth through diversification and geographic expansion,» he added. The group's exports have steadily increased to ₹139 crore in FY24 and are projected to grow at a compound annual growth rate (CAGR) of 20-25% till FY27, Godrej said. «Our strong international presence, primarily in the PED (process equipment division) business, drives this growth,» he said.

There’s no easy way to bridge the political divides that have created rifts in communities, families and friendships

Vande Bharat train services were operational with enhanced safety features and modern passenger amenities as on November 21, the government has informed the Lok Sabha. In a written reply on Wednesday, Railways Minister Ashwini Vaishnaw said these safety features and modern passenger amenities were automatic train protection system KAVACH, faster acceleration, fully-sealed gangway, automatic plug doors, better ride comfort, mini pantry with provision of hot case, bottle cooler, deep freezer and hot water boiler, among many others. The minister was responding to questions raised by nine MPs from various political parties who wanted to know the rationale behind launching the Vande Bharat Express, their occupancy, amenities, passenger feedback and services in Maharashtra as well as on the New Delhi-Kathgodam route. Vaishnaw said, «Presently, 22 Vande Bharat services, on originating or terminating basis, are catering to the needs of stations located in the state of Maharashtra.»

A Vermont family who lost their home, cars, barn and most of their possessions in flooding in July will be getting a new start thanks to scores of donations to an online fundraising effort

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Subscribe to enjoy similar stories. LTIMindtree Ltd is bracing for the next leg of growth, but the Street is hardly excited. The company eyes $10 billion revenue by FY31-32, up from $4.2 billion now.

“There may be challenges, such as missed earnings or further small cuts in the next two quarters, but even then, a 15% to 16% return looks achievable in markets, which is quite good,” says Naveen Kulkarni, CIO, Axis Securities PMS. In an interview with ETMarkets, Kulkarni said: “As for other asset classes, I feel gold is looking toppish, so equities should have significantly higher allocations compared to other assets” Edited excerpts: Thanks for taking the time out. Well, after a weak October, investors are going through a volatile November. What is your take on the markets? Let us rewind a little and see how we have been faring this fiscal year. FY24 ended pretty well, with very strong earnings. Nifty earnings grew by almost 25%. However, on that base, growth has been slightly challenging. Moreover, there have been challenges with how things have been on the ground. There were elections in the first quarter, and the monsoon in the second quarter was quite strong. Various factors, including weather and political aspects, have impacted the order flow. The first half has been slower than expected, contributing to the correction we have seen in the market.

Vedanta Ltd. shares will be in focus on Thursday after Moody's Ratings said it has upgraded the corporate family rating of Vedanta Resources Ltd (VRL) following its successful liability management exercises. The rating agency has upgraded the corporate family rating of the company from B3 to B2. Moody's has also upgraded the rating on the senior unsecured bonds issued by Vedanta Resources to B3 from Caa1. «The rating upgrade follows VRL's successful liabilities management exercises, with the company raising USD 800 million in its second bond issuance since September 2024,» Nidhi Dhruv, Moody's Ratings Vice President and Senior Credit Officer said.

Maharashtra CM LIVE updates: Amid speculations of whether Devendra Fadnavis would be the next Maharashtra Chief Minister, the state's caretaker PM Eknath Shinde said he “fully supports" BJP's decision in the matter.Despite the Mahayuti's landslide victory, the BJP has remained silent on the announcement of the next Chief Minister. However, the party is reportedly under pressure from its MLAs, many of whom are advocating for the Chief Minister to be from the BJP.

Subscribe to enjoy similar stories. Stock trading involves multiple analysis methods to evaluate trends and make informed decisions. Traders and investors often rely on technical, fundamental, and derivative analyses to guide their choices.

Subscribe to enjoy similar stories. Bengaluru: Stellaris Venture Partners, which has backed companies such as personal care brand Mamaearth and SaaS startup Whatfix, announced the launch of its largest ever fund with a corpus of $300 million on Thursday. The new fund will continue backing early-stage tech startups in the seed and series A stages and will invest in 25-30 startups over the next three years.

₹20,000, but don’t want to compromise on essentials, the iQOO Z9 is a good option after its recent price cut on Amazon. As of today, the device can be bought for ₹18,498, which is significantly less than its original MRP of ₹24,999 and represents a 26% price drop.

Canadian regulators are conducting a co-ordinated probe of sales practices within bank branches, the latest such inquiry following a public report on “potential investor harm due to alleged high-pressure sales practices for mutual funds at some Canadian banks.”

The private debt fund has received an initial £750m of investment from Aviva's My Future Focus default pensions solution, which invests in a range of asset classes on behalf of the firm's defined contribution (DC) default strategies. Schroders gains FCA approval for launch of first 'retail' LTAF aimed at wealth market Aviva Investors said the LTAF, which is also open for allocations from external investors, could appeal to DC pension funds looking to diversify returns from traditional asset classes such as public equity and fixed income, as well as wider private market allocations and...

Best Honeywell car air purifiers: Top 5 picks to keep your vehicle fresh and clean from unwanted pollutantsUV-C Light: Some purifiers use UV-C light to kill bacteria and viruses. Although this sounds impressive, its effectiveness depends heavily on how long particles are exposed to the light and how close they are to the UV source.Check out desk air purifiers on AmazonPortable air purifiers come with their fair share of pros and cons, and it’s important to weigh them out before deciding if they’re worth your money.

Vodafone Idea (Vi) will be the main beneficiary of the bank guarantees (BG) waiver cleared by the Cabinet, and the move will hasten the telco’s pending Rs 25,000 crore debt raise, analysts said. Earlier this month, Vi’s CEO Akshaya Moondra had said that the telco’s lenders wanted clarity from the government on any potential relief on the company’s substantial AGR (adjusted gross revenue) dues as well as prospects of a waiver of BGs before lending. “Vi is the biggest beneficiary of the reported BG waiver. One impediment to the debt raise is now behind,” Axis Capital said in a research note seen by ET.

Subscribe to enjoy similar stories. MUMBAI : After correcting nearly 11% from their all-time highs, Indian indices are again witnessing a rally, making investors reassess the best course of action. With overheated markets, the challenge of balancing risk and returns has become more pronounced.

«We expect pickup in government-led spending and easing of liquidity, which will start aiding growth from next quarter onwards. Last 18 months to 24 months, we have seen a lot of stock run up and sectors run up in Indian markets,» says Satish Kothari, SageOne Investment Advisors. In the last two months, we have seen a 3000 points correction in the benchmark and a recovery of nearly 1000 points from the lows. So, how are you positioning yourself amidst such volatility? What is your market view at current juncture if you could just take us through that? Satish Kothari: The Indian markets have cooled off in the last two months primarily driven by Q2 FY25 earnings, which were quite weak and FIIs selling and rising geopolitical uncertainties. The broader outlook for near-term continues to be a bit uncertain, driven by external global environment and investors will watch out for how Q3 FY25 earnings pans out for corporate India. However, when we look at Indian macro environment, it continues to be strong and stable.

Subscribe to enjoy similar stories. The humble dhoti is among the most popular traditional outfits that men as well as women wear during festivals and wedding season. But it can be part of the daily wear as well, believes content creator Rohit Bose.