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GLOBAL NEWS | Wed, 11 Feb 2026, 4:30AM IST The vaccine maker said the U.S. regulator rejected its request to seek approval for a new product using mRNA technology, which Health Secretary Robert F. Kennedy Jr. has sharply criticized.

Continue reading at The New York Times

38m

GLOBAL NEWS | Wed, 11 Feb 2026, 4:11AM IST Ford Motor reported a big loss for 2025 because of its troubled electric vehicle division, which it has significantly scaled back.

Continue reading at The New York Times

57m

INDIA BUSINESS | Wed, 11 Feb 2026, 3:31AM IST The company, represented by its flagship brand Manna, has been a manufacturer of wide-ranging healthy foods for over two decades

Continue reading at The Hindu

1h

INDIA BUSINESS | Wed, 11 Feb 2026, 1:11AM IST Piramal Finance secured $400 million through an external commercial borrowing (ECB) package from a consortium including Deutsche Bank, SMBC, Axis Bank, DBS, and Far Eastern International Bank. The 42-month facility will see about half the principal repaid as a bullet at maturity, priced at SOFR +175 bps.

Continue reading at Economic Times

3h

INDIA BUSINESS | Wed, 11 Feb 2026, 1:05AM IST India should encourage the purchase of smaller, fuel-efficient cars. This strategy aligns with global trends and supports the nation's net-zero emission targets. The goal is to make cars more accessible for first-time buyers, reducing emissions and traffic congestion. A plan to phase out relaxations in fuel efficiency regulations is also proposed to ensure future readiness.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 1:03AM IST India Debt Resolution Co (IDRCL), the managing arm of NARCL, secured a 691 crore arbitration award from Bombay High Court-appointed arbitrator Justice JP Devadhar. This is nearly six times the 117 crore IDRCL paid to acquire Sion Panvel Tollways (SPTPL) debt in 2024, marking one of the first recoveries for the government-backed bad bank since 2022.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:58AM IST Indian banks are slowing hiring due to automation, AI, and digital tools reducing the need for large staff increases. HDFC Bank added 5,000 employees in December 2025, reaching 2,15,000, while Axis Bank and Kotak Mahindra Bank saw declines in headcount.

Continue reading at Economic Times

4h

GLOBAL NEWS | Wed, 11 Feb 2026, 12:47AM IST New documents detail Jeffrey Epsteins efforts to foster strategic, sometimes reciprocal relationships with Russian officials.

Continue reading at The New York Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:42AM IST The consortium is competing against EQT. Mumbai-based pharma co likely to be valued at $1.8 bn. Binding bids are scheduled for next week.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:42AM IST Warburg Pincus and Abu Dhabis Mubadala are frontrunners to acquire up to 74% of Mumbai-based Encube Ethicals, a generics and pharmaceutical CDMO, in a deal valuing the company at around 16,500 crore ($1.8 billion). The acquisition would see promoters Mehul Shah and family reduce their stake to 1520%, while financial investors like Quadria Capital exit fully.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:41AM IST As the deadline for fiscal year 2026 approaches, the National Highways Authority of India (NHAI) finds itself grappling with obstacles in achieving its project award targets. The slow pace of project appraisal and approvals has been exacerbated by a wavering private sector interest in substantial public-private partnerships.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:33AM IST Exciting developments are afoot as Encube Ethicals, a key player in the pharma contract manufacturing sector, approaches a significant acquisition. The frontrunners, Warburg Pincus and Mubadala, are intensifying their bids, valuing the company at approximately 16,500 crore. This move underscores the burgeoning interest investors have in Indian CDMO companies, fueled by global supply chain shifts and evolving US policies.

Continue reading at Economic Times

4h

INDIA MARKET | Wed, 11 Feb 2026, 12:26AM IST Jubilant FoodWorks has celebrated an impressive leap in net profits for the December quarter of FY26, witnessing a remarkable surge of over 68 percent. This robust financial growth was bolstered by a 13 percent increase in revenue from its operations, stemming from enhanced operational efficiencies and strategic store expansions.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:25AM IST India is on the brink of introducing new Corporate Average Fuel Efficiency regulations that could eliminate exemptions previously granted to compact vehicles. This impending change has prompted vigorous advocacy from manufacturers of small cars. Leading local automotive firms gathered for a crucial dialogue with the Union Minister to express their apprehensions.

Continue reading at Economic Times

4h

INDIA BUSINESS | Wed, 11 Feb 2026, 12:16AM IST A significant property deal is underway in New Delhi. Maharaja Manujendra Shah of Tehri Garhwal is selling his 3.2-acre Bhagwan Das Road bungalow for around 1,000 crore. The buyer is a local entrepreneur from the food and beverage sector. This businessman is also set to acquire Jawaharlal Nehru's former residence for over 1,100 crore. Both are high-value assets.

Continue reading at Economic Times

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