SC questions Trump’s tariff plan, M&M offloads RBL stake, Starlink set for India debut with Maharashtra

Supreme Court appears skeptical of US President Donald Trump's global tariffs

The US Supreme Court appeared skeptical of President Donald Trump’s sweeping global tariffs, as key justices suggested he had

overstepped his authority with his signature economic policy. Three members of the court’s conservative majority questioned Trump’s use of an emergency-powers law to collect tens of billions of dollars in tariffs a month.

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Japan's services sector extends growth in October despite demand slowdown, PMI shows

Japan's services sector extended its robust growth in October, despite the slowest growth in new orders in 16 months and a resurgence in inflationary pressures, a private-sector survey showed on Thursday.

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Arm gives bullish forecast, pointing toward AI demand surge

Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast, helped by increasing interest in designing chips to run AI data centres. Fiscal third-quarter revenue will be about $1.23 billion, the company said Wednesday in a statement.

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M&M announces exit from RBL Bank after selling entire stake for ₹678 crore

Mahindra and Mahindra (M&M) Ltd. sold its entire stake in RBL Bank Ltd. via a block deal in the pre-market window on Thursday, November 6, confirming CNBC-TV18's newsbreak regarding the same. M&M, in an exchange filing, said it has sold its entire stake in the lender for ₹678 crore, representing a 62.5% gain on its investment.

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Hindalco shares slump 6% after Novelis results lead to multiple downgrades, target cuts

Shares of Aditya Birla Group's Hindalco Industries Ltd. fell as much as 6% on Thursday, November 6, after its unit Novelis reported results over the market holiday, which resulted in multiple downgrades to the parent company, along with cuts to price targets. Novelis results were weak on expected lines with net sales rising 10% from last year to $4.7 billion.

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Britannia shares surge 5% after strong operating beat in Q2 results, brokerages upbeat

Shares of Britannia Industries Ltd. are likely to react on Thursday, November 6, in response to its quarterly results, which were reported during the mid-week holiday on Wednesday. The company's revenue of ₹4,841 crore was largely in-line with the CNBC-TV18 poll of ₹4,878 crore.

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Ola Electric Mobility Q2 Results: Net loss narrows to ₹418 crore, revenue drops 43%

Shares of Ola Electric Mobility Ltd. are trading with losses of 1.5% on Thursday, November 6, in response to its September quarter results announcement. The company's net loss at the end of the September quarter narrowed to ₹418 crore from a net loss of ₹495 crore it reported during the same quarter last year.

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Elon Musk's Starlink to make its India debut in Maharashtra

Maharashtra will be the first Indian state to deploy the satellite internet services of Elon Musk's Starlink after Chief Minister Devendra Fadnavis announced the partnership on Wednesday, November 5. The partnership, which would help boost the state's flagship Digital Maharashtra mission, is subject to Starlink’s regulatory and compliance clearances from the Telecom Department.

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Orkla India IPO Listing: Shares debut at 3% premium over issue price

Shares of Orkla India Ltd., the parent company of packaged foods maker MTR Foods, debuted on Thursday, November 6, with a muted listing performance. The stock opened at ₹751.50 on the BSE, offering a slight premium of 3% over its issue price of ₹730, while it listed at ₹750.10 on the NSE.

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Several Air India flights departure delayed due to third-party connectivity network issue

The departure of several Air India flights was delayed on Wednesday (November 5) due to third-party connectivity network issue. The airline said a third-party connectivity network issue had impacted check-in systems at some airports, thereby delaying flight departures. While the system was restored, some flights experienced delays.

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Delhi-NCR air quality remains in 'poor' category, hospitals see a surge in patients with respiratory diseases

The air quality of Delhi-NCR remains in the 'poor' category on Thursday (November 6), and the overall Air Quality Index stood at 264, as per the data from SAFAR. Visuals from several areas showed a thick layer of smog lingering in the air, leading to reduced visibility during the morning hours. The AQI around Kartavya Path was reported at 230, as per the Central Pollution Control Board (CPCB).

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