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Tourism could rise up to threefold during 2030 Commonwealth games: Gulam Zia
Ahmedabad gears up for the 2030 Commonwealth Games with a massive infrastructure push. Expect significant upgrades to metro, BRT, and roads, alongside a substantial boost in sports facilities costing an estimated ₹20,000 crore. The city faces a huge hospitality challenge, needing 50,000 rooms, and anticipates a surge in real estate values and tourism.
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Bangladesh court sentences Sheikh Hasina to 21 years in prison for corruption
Bangladesh’s Anti-Corruption Commission (ACC) filed six separate cases against Sheikh Hasina and her family members last January for allegedly illegally allocating government’s plots at Purbachal area in Dhaka. The verdict in the remaining three cases will be announced on December 1.
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Valuations not stretched, earnings will drive rally ahead: Dinshaw Irani
Seasoned voices like Dinshaw Irani expressed unwavering confidence in the market’s trajectory, anticipating new highs this year. He dismissed valuation concerns, highlighting strong earnings growth across market caps as the primary driver. Irani is particularly excited about smallcaps, seeing significant potential for growth once foreign investors rejoin the rally.
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Ashok Leyland shares rise 5% to hit 52-week high on proposed merger of finance arm with NDL Ventures
Ashok Leyland shares surged to a 52-week high following its subsidiary Hinduja Leyland Finance’s approval to merge with NDL Ventures. This strategic absorption, effective April 2026 pending approvals, involves a 25:10 share exchange ratio. The move is part of a broader realignment of Ashok Leyland’s key subsidiaries.
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Patel Engineering shares zoom 10% after securing Rs 798 crore coal excavation order
Patel Engineering’s stock soared after securing two significant Letters of Intent worth Rs 798.19 crore for coal excavation and transportation projects in Chhattisgarh. Awarded by South Eastern Coalfields Limited, these nine-year contracts involve extensive overburden removal, coal handling, and logistics. This win further solidifies the company’s position in crucial infrastructure development for public sector undertakings.
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Reliance Infrastructure shares rally 5%, hit upper circuit for second day after recent sell-off
Reliance Infrastructure surged 5% to hit the upper circuit for the second consecutive session, extending its rebound after a sharp six-day decline. Despite the recovery, the stock remains under pressure—down 27% in a month and nearly 60% from its 52-week high—while technical indicators continue to signal broader weakness.
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