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INDIA BUSINESS | Sat, 14 Feb 2026, 10:45PM IST Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition up to 41.66 per cent of the company's paid-up equity capital / convertible instruments by affiliates of Bain Capital-- BC Asia Investments XXV Ltd and BC Asia Investments XIV Ltd. The RBI approval, communicated on February 13, 2026, is in connection with the definitive agreements executed on March 20, 2025, under which Bain Capital committed to invest approximately Rs 4,385 crore to acquire an 18 per cent stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of Rs 236 per share, Manappuram Finance said in a statement. The transaction also triggers a mandatory open offer for the purchase of an additional 26 per cent stake from public shareholders at Rs 236 per share, in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it said. With this ...

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INDIA BUSINESS | Sat, 14 Feb 2026, 10:26PM IST The 4,930-crore bioethanol plant, promoted by PSU Numaligarh Refinery Limited with support of Finnish firms, comes as a relief to farmers

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INDIA BUSINESS | Sat, 14 Feb 2026, 10:12PM IST magicpin aims to grow its active user base to 20 million in 2026 with food delivery as a key growth driver, the hyperlocal platform's CEO and Founder Anshoo Sharma said on Sunday. The company crossed 15 million active users last year across various categories including e-commerce, ticketing and food delivery, is focusing on the value conscious segment for further expansion of its food delivery vertical, Sharma told PTI in an interview. "Our focus is on building value-conscious food delivery users who order frequently and engage habitually. We aim to grow our active user base to 20 million in 2026 with food delivery as a key growth driver, particularly among students and first-time job seekers," Sharma said. A majority of the active 15 million users on the platform belong to the value-conscious segment in India's major cities in the age group of 18-35 years. Food delivery continues to be the primary growth driver, supported by higher repeat users and increasing cross-category ...

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INDIA NEWS | Sat, 14 Feb 2026, 10:01PM IST DHAKA: Bangladesh President Mohammed Shahabuddin is expected to administer the oath of office to the new cabinet of BNP chairman Tarique Rahman within next four days, officials said on Saturday.Rahman's Bangladesh Nationalist Party (BNP) on Friday secured a sweeping victory with more than two-thirds majority in the landmark parliamentary elections held on Thursday.The BNP leader is set to become the prime minister, replacing the interim government chief Muhammad Yunus.In line with the Constitution, the president will administer the oath at Bangabhaban (presidential palace), Cabinet Secretary Sheikh Abdur Rashid said without giving any specific date for the oath ceremony.But a senior BNP policy making leader, preferring anonymity, told PTI that the swearing in ceremony is expected to be held on February 16 or 17.The Constitution requires the cabinet oath taking ceremony to be followed by the swearing-in of new parliament members while a key aide to Rahman said the existing legal scenario made the issue a little complicated.The speaker of the last parliament is supposed to conduct the MPs' oath of office but she resigned and is living in an undisclosed location. The deputy speaker is in jail, he said, wishing not to be named.In such circumstances, he said, the president might select someone to conduct the event of administering the lawmakers oath as the Constitution has kept a provision for such an eventuality.The cabinet secretary, meanwhile, said the Constitution says the MPs-elect must take oath within three days of the gazette notification and then the majority party would elect its parliamentary leader. The gazette notification was issued on Saturday morning.Asked for the possible date of cabinets swearing in, Rashid said no date was fixed yet.If we are instructed or indicated that it will be held on a certain date and at a certain time, we will work accordingly. Even if it is tomorrow, we will have to prepare for tomorrow. We will be able to tell you the date once we are informed, the top bureaucrat said.Law ministry officials said, since the gazette notification was issued on Saturday, the three-day period for the oath taking could be considered from Sunday covering 15, 16 and 17 February.The 13th Parliamentary election assumed significance as it was held after a period of tumultuous political vacuum, instability and fragile security situation, including widespread attacks on minorities after the student-led protests brought down the 15-year rule of Sheikh Hasina in August 2024. Hasina fled to India on August 5 that year and three days later, Yunus took over as the Chief Adviser of the Interim government.According to the Election Commission (EC), the BNP has bagged 209 out of 297 seats, while right-wing Jamaat-e-Islami secured 68 seats. Hasina's Awami League party was barred from contesting the polls, which recorded 59.44 per cent voter turnout.The EC postponed the announcement of results in two seats - Chattogram-2 and Chattogram-4 while the election in one seat was postponed due to the death of a candidate.

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INDIA BUSINESS | Sat, 14 Feb 2026, 9:46PM IST The RBI approval, communicated on February 13, 2026, is in connection with the definitive agreements executed on March 20, 2025, under which Bain Capital committed to invest approximately Rs 4,385 crore to acquire an 18 per cent stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of Rs 236 per share, Manappuram Finance said in a statement.

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INDIA MARKET | Sat, 14 Feb 2026, 9:34PM IST India and Pakistan head into their T20 World Cup 2026 group-stage clash unbeaten. But Colombos weather could yet influence the outcome, with Sri Lankas meteorological department warning of showers around match time.

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INDIA MARKET | Sat, 14 Feb 2026, 9:32PM IST The MMRDA had stated that it follows a robust approval process for Metro construction.

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INDIA NEWS | Sat, 14 Feb 2026, 9:18PM IST Kolkata: Hours after a Shillong-bound IndiGo flight was grounded at the city airport following a bomb threat that later turned out to be a hoax, a fresh security scare was reported on a Dibrugarh-Kolkata flight on Saturday evening after a suspicious message was found inside the aircraft toilet, officials said.The IndiGo flight 6E 6894 landed safely at 7.37 pm at Netaji Subhas Chandra Bose International Airport and was immediately taken to the isolation bay as per security protocol. All passengers were safely deboarded, the statement said.The message, reportedly written with lipstick, was found inside the aircraft toilet, "indicating a bomb threat," it added.Earlier in the day, a Shillong-bound aircraft was stranded at Kolkata airport for around four hours following a bomb threat.The IndiGo flight 6E 7304 was moved to the isolation bay after the discovery of a handwritten note claiming that a bomb had been placed on the plane, it said.The threat, however, later turned out to be a hoax, and the flight left for its destination at 1.33 pm following a thorough search as per standard security protocols.An Airports Authority of India (AAI) spokesperson said the note was discovered in the lavatory by one of the crew members around 9.15 am, around 15 minutes before its scheduled departure time.Thereafter, the passengers were safely deboarded, and the aircraft was moved to the isolation bay. Standard security protocols were followed and a thorough inspection was conducted by the agencies concerned, he said.Upon completion of all safety checks and clearance by security authorities, the aircraft was declared safe for operations, the AAI spokesperson added.

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INDIA BUSINESS | Sat, 14 Feb 2026, 9:18PM IST Kolkata airport experienced two security scares on Saturday. An IndiGo flight bound for Dibrugarh landed safely after a suspicious message was found in its toilet. Earlier, a Shillong-bound IndiGo flight was grounded for hours due to a similar hoax bomb threat. Both incidents involved messages found in aircraft lavatories. Passengers were safely deplaned in both cases.

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INDIA BUSINESS | Sat, 14 Feb 2026, 9:16PM IST Prime Minister Narendra Modi, on Saturday, gave its go ahead to PM RAHAT (Road Accident Victim Hospitalization and Assured Treatment) scheme. Under the scheme, every eligible road accident victim on any category of road will be entitled to cashless treatment up to Rs 1.5 lakh per victim, for a period of seven days from the date of accident.

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INDIA BUSINESS | Sat, 14 Feb 2026, 9:10PM IST The definitive agreements for this deal were executed on March 20, 2025, under which Bain Capital had committed to invest approximately 4,385 crore to acquire an 18.0% stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of 236 per share

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INDIA NEWS | Sat, 14 Feb 2026, 8:49PM IST New Delhi: The government on Saturday announced the launch of PM RAHAT (Road Accident Victim Hospitalization and Assured Treatment) Scheme aimed at providing emergency response system for accident victims.India records a significant number of road accident fatalities every year, many of which are preventable with timely medical intervention, the Ministry of Road, Transport and Highways (MoRTH) said in a statement.The ministry said that studies indicate that nearly 50 per cent of road accident deaths can be averted if victims are admitted to hospital within the first hour. "In its very first decision after shifting to Seva Teerth, the Prime Minister approved the launch of the PM RAHAT (Road Accident Victim Hospitalisation and Assured Treatment) Scheme, reflecting a governance approach rooted in Seva - service, compassion and protection for vulnerable citizens," MoRTH said.The decision underscores the government's commitment to ensuring that no life is lost due to lack of immediate medical assistance after a road accident.By approving PM RAHAT from Seva Teerth, the Prime Minister has prioritised life-saving intervention, financial certainty for hospitals, and a structured emergency response system for accident victims. Integration with the Emergency Response Support System (ERSS) 112 helpline ensures that accident victims reach hospitals within the Golden Hour. Road accident victims, Rah-Veer (Good Samaritans), or any person at the accident site may dial 112 to obtain details of the nearest designated hospital and request ambulance assistance, enabling swift coordination between emergency responders, police authorities and hospitals. Under the Scheme, every eligible road accident victim in any category of road will be entitled to cashless treatment up to Rs 1.5 lakh per victim, for a period of 7 days from the date of the accident.Stabilization treatment will be provided for up to 24 hours in non-life-threatening cases and up to 48 hours in life-threatening cases, subject to police authentication on an integrated digital system.PM RAHAT is implemented through a robust, technology-driven framework amalgamating the Electronic Detailed Accident Report (eDAR) platform of the Ministry of Road Transport and Highways with the Transaction Management System (TMS 2.0) of the National Health Authority.This integration enables seamless digital linkage from accident reporting to hospital admission, police authentication, treatment administration, claim processing, and final payment.

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INDIA MARKET | Sat, 14 Feb 2026, 8:45PM IST Speaking at the Munich Security Conference, Jaishankar said India's independent decision-making remains central to its approach

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INDIA BUSINESS | Sat, 14 Feb 2026, 8:37PM IST The Railway Ministry has launched a new reform to enhance cleanliness on long-distance trains by deploying tech-enabled professional teams. These teams will clean coaches and toilets at hourly intervals or as needed, with real-time monitoring and feedback. Additionally, the ministry will develop cargo facilities on railway land to boost freight business.

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INDIA BUSINESS | Sat, 14 Feb 2026, 8:22PM IST Indian Railways aims to generate Rs 30,000 crore in incremental revenue over three years through new Gati Shakti Cargo Terminals (GCTs). The national transporter is also prioritizing a hygienic travel experience by integrating end-to-end cleaning for general class coaches, a continuous model replacing the previous station-based approach. This reform will be implemented across all trains within three years.

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INDIA MARKET | Sat, 14 Feb 2026, 7:50PM IST Spanning 5,032 square feet, the flagship space brings together Nothing and CMF products alongside official Nothing merchandise, including apparel

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INDIA BUSINESS | Sat, 14 Feb 2026, 7:44PM IST Brandman Retail, a distributor and retailer for the premium athleisure and lifestyle brands, has been listed on NSE at a valuation of Rs 324.85 crore. The company, which has an IPO price of Rs 176, settled at Rs 211.80 on NSE on Friday, up 4.98 per cent. Brandman Retail, which has raised Rs 86 crore through its public issue, will invest the proceeds in store expansion, working capital support, and general corporate purposes, according to a company statement. Brandman Retail currently operates 21 stores across India, which is a mix of Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs). "As part of its next growth phase, the company plans to open 15 new stores funded through IPO proceeds, forming the first leg of a broader expansion strategy aimed at building a 50+ store national network," it said. Founded by Arun Malhotra, Brandman Retail has positioned itself as a platform for international sports and lifestyle brands seeking structured entry and expansion in the Indian

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INDIA MARKET | Sat, 14 Feb 2026, 7:38PM IST Other major industry leaders expected to attend include chipmaker Qualcomm's CEO Cristiano Amon.

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INDIA BUSINESS | Sat, 14 Feb 2026, 7:27PM IST Prime Minister Narendra Modi will inaugurate the Delhi-Ghaziabad-Meerut Namo Bharat corridor and the Meerut Metro on February 22. This marks the completion of the 82-km regional rapid transit system. The project is expected to boost mobility, create new economic hubs, and drive real estate growth across Delhi, Ghaziabad, and Meerut. Reverse migration is also anticipated.

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INDIA MARKET | Sat, 14 Feb 2026, 7:20PM IST The highly anticipated India vs Pakistan clash in Colombo faces a genuine rain threat, with forecasts indicating cloudy conditions and intermittent showers throughout Sunday (February 15).

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INDIA MARKET | Sat, 14 Feb 2026, 7:17PM IST Salman highlighted that while spinners may play a dominant role on the Sri Lankan pitches, the fast bowlers will also have their say.

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INDIA MARKET | Sat, 14 Feb 2026, 7:05PM IST The network can further confirm that the Modi government is aiming to secure approximately $100 billion in investment commitment during the summit.

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INDIA NEWS | Sat, 14 Feb 2026, 7:02PM IST New Delhi: As India prepares for the upcoming AI Impact Summit, a quiet revolution is unfolding across its 64-lakh-kilometre road network.While global conversations often centre on AI's role in automation and productivity, in India, the technology is finding its most profound application in a life-saving mission: curbing the country's staggering rate of road accidents.With 1,77,177 road fatalities recorded in 2024-averaging roughly 485 lives lost every day-the limitations of traditional enforcement and human monitoring have become starkly apparent.The challenge is systemic: mixed traffic, varied road conditions, and unpredictable driving patterns make Indian roads some of the most complex in the world. However, a new wave of vision-based AI is shifting the paradigm from forensic analysis-looking at what went wrong after a crash-to real-time intervention that prevents collisions before they happen.This technological shift treats the chaos of Indian roads-unmarked lanes, stray animals, and dense traffic-not as a hurdle, but as rich training data.By processing millions of miles of diverse driving scenarios, AI models are now achieving alert precision, proving that if a safety system can perform reliably in India, it is effectively battle-tested for any environment globally."AI cameras function as intelligent, AI-driven coaching systems that analyse driver behaviour in real time. They recognise patterns such as tailgating, lane drifting, harsh braking, distraction, and mobile phone usage."And, most importantly, they detect when these behaviours escalate into highrisk situations. When that happens, then the system issues an immediate in-cab alert. The purpose isn't to punish the driver; it is to intervene," explains Teja Gudena, Executive Vice President of Engineering at Netradyne.Unlike traditional dashcams that act as simple recording devices with onboard storage, these AI-driven cameras are vision-based systems built "at the edge." By distinguishing between normal road variability and genuine risk, the system can detect subtle physiological signs-such as eyelid behaviour, blink frequency, and per cent eye closure-to identify drowsiness and head-movement cues that typically appear just before a microsleep occurs.According to MoRTH's Road Accidents in India 2023 report, overspeeding alone was linked to 63.7 per cent of accidents and 60.8 per cent of road deaths.The impact of this "safety coach in the cab" is already visible in the data.Hitachi Cash Management, one of the enterprises utilising Netradyne's vision-based safety system, reported a 50 per cent reduction in accidents.Furthermore, the technology led to a 74 per cent drop in drowsy driving instances and a 38 per cent reduction in distracted driving, according to data shared by Netradyne.Beyond the hardware, a significant part of the success of this technology in the Indian market has been overcoming the "spying" stigma. The workflow extends beyond the immediate in-cab alert to a comprehensive "Intelligent Driver Management System" (IDMS).Post-trip, the AI provides a structured view of driving patterns across different routes and times of day, allowing managers to distinguish between isolated incidents and recurring risks.This data is used to power a "GreenZone" scoring system, which creates a transparent environment where safe driving is recognised and rewarded. By using contextual video evidence, the system also serves to exonerate drivers in road incidents where they are not at fault, shifting the narrative from a "camera in the vehicle" to a "safety coach in the cab." While the technology is currently scaling across more than 3,000 fleets, its application is tailored to the specific needs of different commercial sectors. In goods transportation, the focus is on high-stakes environments like hazardous materials, long-haul logistics, and e-commerce.Conversely, in the realm of people transportation, AI is being deployed by corporate employee transport providers and public transport operators, including buses. The ultimate goal is to serve as a comprehensive safety intelligence layer for all commercial mobility, whether moving cargo or passengers, providing a scalable intervention that human monitoring alone cannot achieve.

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