---
title: "Business News India, 6 Nov 2026: Top Stories | AllIndia.news"
description: "Business News India from Friday 6 November 2026: the day's top business stories from leading newsrooms, each linked to its source."
url: "https://allindia.news/2026/11/06/economy/index.md"
canonical: "https://allindia.news/2026/11/06/economy/"
published: "2026-11-06T00:00:01+05:30"
updated: "2026-11-06T22:00:01+05:30"
section: "Business"
date: "2026-11-06"
language: "en-IN"
site: "AllIndia.news"
---

# Business: Friday 6 November 2026

40 stories. Cite the publisher using original_url.

### Foreign Investors Change Course After A Rs 90,000 Crore Sell-Off. What's Driving The U-Turn?

- Source: NDTV Profit
- Published: 6 November 2026, 21:55 IST (2026-11-06T21:55+05:30)
- Section: Business
- Link: https://allindia.news/s/e330be34093d
- original_url: https://www.ndtvprofit.com/markets/foreign-investors-change-course-after-a-rs-90-000-crore-sell-off-whats-driving-the-u-turn-12294316#publisher=newsstand

Foreign investors have bought over Rs 45,000 crore in November after a Rs 90,000 crore sell-off in September and October. Improving earnings and easing global pressures are driving the shift.

### ONGC expects to acquire operatorship rights in Venezuelan oil projects in 3-6 months’ time

- Source: The Hindu
- Published: 6 November 2026, 21:30 IST (2026-11-06T21:30+05:30)
- Section: Business
- Link: https://allindia.news/s/58f0f6e8d879
- original_url: https://www.thehindu.com/business/Industry/ongc-expects-to-acquire-operatorship-rights-in-venezuelan-oil-projects-in-3-6-months-time/article71675482.ece
- Image: https://allindia.news/img/58f0f6e8d879-l.webp

ONGC holds 40% interest in Venezuela’s San Cristobal oil project and 11% stake in Carabobo project.

### SpiceJet Passengers Clash With Staff At Bengaluru Airport After Last-Minute Flight Cancellation, Video Goes Viral

- Source: NDTV Profit
- Published: 6 November 2026, 21:42 IST (2026-11-06T21:42+05:30)
- Section: Business
- Link: https://allindia.news/s/f06048087321
- original_url: https://www.ndtvprofit.com/india/spicejet-passengers-clash-with-staff-at-bengaluru-airport-after-last-minute-flight-cancellation-video-goes-viral-12294205#publisher=newsstand

More than 35 passengers were reportedly stranded after the airline cancelled a flight shortly before its scheduled departure, triggering a heated confrontation at the airport

### Angel One Surpasses Zerodha as India's Second-Largest Broker by Active Clients

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 18:36 IST (2026-11-06T18:36+05:30)
- Section: Business
- Link: https://allindia.news/s/7fb0a1c56d3c
- original_url: https://x.com/i/trending/2118646069936488789

Angel One reached 69.98 lakh active clients after adding 2.43 lakh in October, while Zerodha dropped to 67.59 lakh with a loss of over 32,000 clients.

### Indian Rupee Hits Six-Month High Against Dollar at 93.89

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 20:15 IST (2026-11-06T20:15+05:30)
- Section: Business
- Link: https://allindia.news/s/ece549e0f5b7
- original_url: https://x.com/i/trending/2118714861995638827

The rupee rallied sharply, gaining 52 to 56 paise in one session amid falling crude oil prices and fresh foreign inflows into Indian stocks.

### Ex-Finance Secretary Accuses Government of Rigging IDBI Bank Sale to Fairfax

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 18:53 IST (2026-11-06T18:53+05:30)
- Section: Business
- Link: https://allindia.news/s/e2049f6b686e
- original_url: https://x.com/i/trending/2118694407213900007

In the October 2026 deal, the government and LIC sold a 60.72% stake in IDBI Bank to a Fairfax entity for ₹52,878 crore at ₹81 per share, hailed by officials as India's largest FDI in finance.

### Tamil Nadu Leads India's Electronics Manufacturing Surge with Key Approvals

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 18:45 IST (2026-11-06T18:45+05:30)
- Section: Business
- Link: https://allindia.news/s/dc34b9ba9dc0
- original_url: https://x.com/i/trending/2118655806057087268

The central government approved 12 electronics projects worth Rs 7,503 crore, expected to generate Rs 39,045 crore in production and 7,127 jobs.

### China blocks SoftBank’s $5.4 billion ABB robotics deal: How Beijing is tightening its grip on strategic technologies

- Source: Mint
- Published: 6 November 2026, 21:25 IST (2026-11-06T21:25+05:30)
- Section: Business
- Link: https://allindia.news/s/6ce664275b0c
- original_url: https://www.livemint.com/companies/news/china-blocks-softbank-s-5-4-billion-abb-robotics-deal-how-beijing-is-tightening-its-grip-on-strategic-technologies-11793977670665.html
- Image: https://allindia.news/img/6ce664275b0c-l.webp

China has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, citing concerns over strategic technology and data security.

### CBI books Future Retail, Kishore Biyani, others in ₹904 crore bank fraud case; searches conducted in Mumbai

- Source: The Hindu
- Published: 6 November 2026, 21:03 IST (2026-11-06T21:03+05:30)
- Section: Business
- Link: https://allindia.news/s/1bb2c7f017fa
- original_url: https://www.thehindu.com/business/Industry/cbi-books-future-retail-kishore-biyani-others-in-904-crore-bank-fraud-case-searches-conducted-in-mumbai/article71675017.ece
- Image: https://allindia.news/img/1bb2c7f017fa-l.webp

SBI alleged that the company failed to utilise the sanctioned funds in accordance with the terms and conditions of the loan facilities

### Heavy rain, flood forecast for New York

- Source: The Economic Times
- Published: 6 November 2026, 21:00 IST (2026-11-06T21:00+05:30)
- Section: Business
- Link: https://allindia.news/s/cf7f598e94a8
- original_url: https://economictimes.indiatimes.com/news/international/world-news/ny-weather-heavy-rain-possible-flooding-forecast-for-new-york-long-island-connecticut-face-5-inches-of-rainfall/articleshow/135612623.cms
- Image: https://allindia.news/img/cf7f598e94a8-l.webp

### Chandra hire D’Souza is Voltas chair; Trent MD joins board

- Source: Mint
- Published: 6 November 2026, 21:23 IST (2026-11-06T21:23+05:30)
- Section: Business
- Link: https://allindia.news/s/50cf7fd7ccfe
- original_url: https://www.livemint.com/companies/chandra-hire-d-souza-is-voltas-chair-trent-md-joins-board-11793969347494.html
- Image: https://allindia.news/img/50cf7fd7ccfe-l.webp

The appointment puts one of Noel’s longest-held board positions in the hands of an executive hired by Tata Sons chairman N. Chandrasekaran, who chairs Tata Consumer, and is Noel's rival in a deepening leadership tussle within the group.

### US Stock Market Today: Nasdaq, S&P 500 Open Slightly Higher, After Rebound Post Chip Stocks Selloff, US Jobs Report

- Source: NDTV Profit
- Published: 6 November 2026, 20:33 IST (2026-11-06T20:33+05:30)
- Section: Business
- Link: https://allindia.news/s/06e2b5dfaac0
- original_url: https://www.ndtvprofit.com/markets/us-stock-market-today-nasdaq-s-p-500-open-slightly-higher-after-rebound-post-chip-stocks-selloff-us-jobs-report-12293852#publisher=newsstand

The Dow Jones Industrial Average was down 1%. The S&P 500 gained 0.3%, and the Nasdaq Composite increased 1.1%.

### IDBI Bank stake sale: ‘Very, very remote’ chance of finding another buyer at ₹52,000 crore, says DIPAM Secretary Chawla

- Source: Mint
- Published: 6 November 2026, 20:28 IST (2026-11-06T20:28+05:30)
- Section: Business
- Link: https://allindia.news/s/7fcd969268f4
- original_url: https://www.livemint.com/companies/news/idbi-bank-stake-sale-very-very-remote-chance-of-finding-another-buyer-at-52-000-crore-says-dipam-secretary-chawla-11793971089575.html
- Image: https://allindia.news/img/7fcd969268f4-l.webp

After weighing cancellation, accepting the existing offer and seeking revised bids, the Core Group of Secretaries on Disinvestment chose to invite improved offers for IDBI Bank to maximise the transaction value, DIPAM Secretary Arunish Chawla said.

### Dead animals, rat poison found at Ohio farm

- Source: The Economic Times
- Published: 6 November 2026, 20:19 IST (2026-11-06T20:19+05:30)
- Section: Business
- Link: https://allindia.news/s/8a051b99af6c
- original_url: https://economictimes.indiatimes.com/news/international/world-news/dead-animals-swollen-eyes-rat-poison-ohio-breeder-hid-800-chinchillas-from-inspectors-for-years-over-1100-surrenderedafter-shocking-discovery/articleshow/135611696.cms
- Image: https://allindia.news/img/8a051b99af6c-l.webp

### PVR INOX Issues Clarification After Food Counter Temporarily Shut Over Complaint

- Source: NDTV Profit
- Published: 6 November 2026, 20:24 IST (2026-11-06T20:24+05:30)
- Section: Business
- Link: https://allindia.news/s/830c66069863
- original_url: https://www.ndtvprofit.com/india/food-safety-crackdown-pvr-inox-issues-clarification-after-bengaluru-theatre-food-counter-temporarily-shut-over-cup-reuse-complaint-12290536#publisher=newsstand

Karnataka Health Minister UT Khader asked the public to report unhygienic food, packaging or serving practices by scanning the Food Safety QR code.

### CBSE announces Class 10, 12 board exam dates

- Source: The Economic Times
- Published: 6 November 2026, 20:14 IST (2026-11-06T20:14+05:30)
- Section: Business
- Link: https://allindia.news/s/4dda85a37f35
- original_url: https://economictimes.indiatimes.com/jobs/exams-results/cbse-announces-class-10-12-board-exam-dates-check-when-february-papers-begin-in-2027/articleshow/135611218.cms
- Image: https://allindia.news/img/4dda85a37f35-l.webp

### Honasa Consumer eyes hair colour entry as Q2 net profit jumps 87% to ₹73 crore

- Source: Mint
- Published: 6 November 2026, 20:04 IST (2026-11-06T20:04+05:30)
- Section: Business
- Link: https://allindia.news/s/119038ad23a9
- original_url: https://www.livemint.com/companies/honasa-consumer-eyes-hair-colour-entry-as-q2-net-profit-jumps-87-to-73-crore-11793964302074.html
- Image: https://allindia.news/img/119038ad23a9-l.webp

Focus categories, including face cleansers, shampoos, face serums, suncare and moisturisers, grew over 40% during the quarter and accounted for more than 80% of its business.

### How GTF institute is building a learning ecosystem for traders

- Source: Hindustan Times
- Published: 6 November 2026, 19:40 IST (2026-11-06T19:40+05:30)
- Section: Business
- Link: https://allindia.news/s/8907e53c4f0c
- original_url: https://www.hindustantimes.com/business/how-gtf-institute-is-building-a-learning-ecosystem-for-traders-101793972284807.html
- Image: https://allindia.news/img/8907e53c4f0c-l.webp

Explore the GTF Institute ecosystem, including free YouTube courses, advanced trading education, mentorship, GTF EYE, the GTF Indicator, and LMS resources

### US adds 165,000 jobs in October; jobless rate at 4.1%

- Source: The Economic Times
- Published: 6 November 2026, 19:55 IST (2026-11-06T19:55+05:30)
- Section: Business
- Link: https://allindia.news/s/7cc01ea6a8a2
- original_url: https://economictimes.indiatimes.com/news/international/world-news/us-employers-added-a-surprising-165000-jobs-in-october-unemployment-rate-dipped-to-4-1/articleshow/135611166.cms
- Image: https://allindia.news/img/7cc01ea6a8a2-l.webp

### Jindal SAW to set up 300,000-tonne seamless pipe plant in Abu Dhabi

- Source: The Hindu
- Published: 6 November 2026, 19:56 IST (2026-11-06T19:56+05:30)
- Section: Business
- Link: https://allindia.news/s/d3f7b0e65aa4
- original_url: https://www.thehindu.com/business/Industry/jindal-saw-to-set-up-300000-tonne-seamless-pipe-plant-in-abu-dhabi/article71674906.ece
- Image: https://allindia.news/img/d3f7b0e65aa4-l.webp

The project will be the UAE’s first seamless pipe manufacturing facility using PQF technology and the second of its kind in the Middle East and North Africa (MENA) region.

### Deepinder Goyal Apologises To Indian Doctors After Temple 'Scam' Row, Says Criticism Was For Influencers

- Source: NDTV Profit
- Published: 6 November 2026, 19:17 IST (2026-11-06T19:17+05:30)
- Section: Business
- Link: https://allindia.news/s/b5da0d67644a
- original_url: https://www.ndtvprofit.com/technology/deepinder-goyal-apologises-to-indian-doctors-after-temple-scam-row-says-criticism-was-for-influencers-12293571#publisher=newsstand

Goyal had earlier defended Temple by citing a $30 million investment, a 14-day return policy and plans for further scientific validation.

### Indian Stocks Surge 2% as Asia's Only Winner Amid AI Worries

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 18:53 IST (2026-11-06T18:53+05:30)
- Section: Business
- Link: https://allindia.news/s/5de0c0eb3c63
- original_url: https://x.com/i/trending/2118694410774815155

The Nifty 50 closed at 25,030.35, up 493.75 points, with the Sensex rising over 1,700 points to 81,028.02, fueled by foreign investors seeking refuge from AI volatility.

### As Market Returns Moderate, Nilesh Shah Has Sectoral Advice For Investors

- Source: NDTV Profit
- Published: 6 November 2026, 19:06 IST (2026-11-06T19:06+05:30)
- Section: Business
- Link: https://allindia.news/s/0ab809c7a266
- original_url: https://www.ndtvprofit.com/markets/nilesh-shah-on-indias-market-outlook-asset-allocation-valuations-sector-bets-12293331#publisher=newsstand

Kotak AMC's Nilesh Shah favours large- and mid-cap stocks, banking and premium consumption, while urging investors to moderate return expectations and maintain asset allocation.

### TASE Global to receive ₹300 crore investment from ValueQuest’s Tristar Fund

- Source: The Hindu
- Published: 6 November 2026, 19:52 IST (2026-11-06T19:52+05:30)
- Section: Business
- Link: https://allindia.news/s/885a802ee7e2
- original_url: https://www.thehindu.com/business/tase-global-to-receive-300-crore-investment-from-valuequests-tristar-fund/article71674721.ece
- Image: https://allindia.news/img/885a802ee7e2-l.webp

The Chennai-based precision engineering company will use the investment to expand capacity, integrate U.S. operations and pursue larger OEM programmes

### CBSE Releases Class 10 And 12 Date Sheets For 2027 Board Exams, Check Key Details

- Source: NDTV Profit
- Published: 6 November 2026, 19:32 IST (2026-11-06T19:32+05:30)
- Section: Business
- Link: https://allindia.news/s/97b6b1634496
- original_url: https://www.ndtvprofit.com/education/cbse-releases-class-10-and-12-date-sheets-for-2027-board-exams-check-key-details-12293625#publisher=newsstand

More than 46 lakh students have registered, with 26.5 lakh in Class 10 and 19.8 lakh in Class 12 for the 2027 examinations.

### ADNOC inks 10-year LNG supply and purchase agreement with Gujarat Energy

- Source: The Hindu
- Published: 6 November 2026, 19:38 IST (2026-11-06T19:38+05:30)
- Section: Business
- Link: https://allindia.news/s/b94b34ac0e39
- original_url: https://www.thehindu.com/business/Industry/adnoc-inks-10-year-lng-supply-and-purchase-agreement-with-gujarat-energy/article71674806.ece
- Image: https://allindia.news/img/b94b34ac0e39-l.webp

This would be ADNOC’s fifth long-term LNG supply agreement with India.

### SNVA Traveltech IPO: Updated DRHP Filed, Issue To Be Entirely An Offer For Sale

- Source: NDTV Profit
- Published: 6 November 2026, 19:28 IST (2026-11-06T19:28+05:30)
- Section: Business
- Link: https://allindia.news/s/c840dcba09d4
- original_url: https://www.ndtvprofit.com/markets/snva-traveltech-ipo-updated-drhp-filed-issue-to-be-entirely-an-offer-for-sale-12293428#publisher=newsstand

### Who is Kishore Biyani? CBI books Future Retail founder, brother in ₹904-crore SBI loan fraud case

- Source: Mint
- Published: 6 November 2026, 19:29 IST (2026-11-06T19:29+05:30)
- Section: Business
- Link: https://allindia.news/s/3eda1183dca9
- original_url: https://www.livemint.com/companies/people/who-is-kishore-biyani-cbi-books-future-retail-founder-brother-in-904-crore-sbi-loan-fraud-case-11793971071226.html
- Image: https://allindia.news/img/3eda1183dca9-l.webp

### Nifty 50 Reclaims 25,000 on Record Weekly Surge for Diwali

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 19:19 IST (2026-11-06T19:19+05:30)
- Section: Business
- Link: https://allindia.news/s/28db73454c6a
- original_url: https://x.com/i/trending/2118700829494407424

The Nifty 50 closed at 25,030.35 on Friday, capping its biggest weekly point gain ever at 1,977 points or 8.58 percent from near 23,053 the prior week.

### SEBI proposes mandatory AML/CFT certification for principal officers of market intermediaries

- Source: The Hindu
- Published: 6 November 2026, 19:15 IST (2026-11-06T19:15+05:30)
- Section: Business
- Link: https://allindia.news/s/649ff7502217
- original_url: https://www.thehindu.com/business/markets/sebi-proposes-mandatory-amlcft-certification-for-principal-officers-of-market-intermediaries/article71674309.ece
- Image: https://allindia.news/img/649ff7502217-l.webp

The proposal is aimed at ensuring that principal officers possess adequate expertise to identify suspicious transactions, assess money-laundering risks and comply with reporting obligations under the AML/CFT framework

### FIIs Net Buy ₹13,750 Crore as Indian Markets See Strong Inflows

- Source: X News (AI summary of posts on X)
- Published: 6 November 2026, 19:11 IST (2026-11-06T19:11+05:30)
- Section: Business
- Link: https://allindia.news/s/eb455ba6c70d
- original_url: https://x.com/i/trending/2118698631863886186

On November 6, 2026, foreign institutional investors net purchased shares worth around ₹13,750 crore in the cash market, while domestic institutional investors net sold ₹5,969 crore, leading to a combined net inflow of ₹7,781 crore.

### U.S. midterm results add to global AI-linked stock sell-off, $2.5 trillion wiped off Nasdaq 100

- Source: The Hindu
- Published: 6 November 2026, 19:17 IST (2026-11-06T19:17+05:30)
- Section: Business
- Link: https://allindia.news/s/b6216afd1ae7
- original_url: https://www.thehindu.com/business/us-midterm-results-add-to-global-ai-linked-stock-sell-off-25-trillion-wiped-off-nasdaq-100/article71674646.ece
- Image: https://allindia.news/img/b6216afd1ae7-l.webp

Democrats’ victories raise prospect of tighter scrutiny of data-centre projects as investors reassess AI spending; Indian equities buck global market weakness

### Voltas names Noel Tata chairman emeritus

- Source: The Economic Times
- Published: 6 November 2026, 19:15 IST (2026-11-06T19:15+05:30)
- Section: Business
- Link: https://allindia.news/s/8fbf166e0d14
- original_url: https://economictimes.indiatimes.com/industry/cons-products/durables/voltas-names-noel-tata-chairman-emeritus-q2-profit-rises-53-5/articleshow/135609507.cms
- Image: https://allindia.news/img/8fbf166e0d14-l.webp

### Sugar output jumps 9.65 lakh tonnes as 184 mills begin crushing

- Source: The Hindu
- Published: 6 November 2026, 19:16 IST (2026-11-06T19:16+05:30)
- Section: Business
- Link: https://allindia.news/s/47a5fa70aae6
- original_url: https://www.thehindu.com/business/sugar-output-jumps-965-lakh-tonnes-as-184-mills-begin-crushing/article71674353.ece
- Image: https://allindia.news/img/47a5fa70aae6-l.webp

With opening stocks of 36 lakh tonnes carried over from the previous season, domestic sugar availability remains comfortable, ISMA said.

### Katy Perry's former home rents for $275K/month

- Source: The Economic Times
- Published: 6 November 2026, 18:56 IST (2026-11-06T18:56+05:30)
- Section: Business
- Link: https://allindia.news/s/a40c9afbcdeb
- original_url: https://economictimes.indiatimes.com/news/international/world-news/katy-perry-russell-brands-former-103-year-old-marital-home-listed-for-275000-monthly-rent-drake-adele-lewis-hamilton-among-celebrity-visitors/articleshow/135609141.cms
- Image: https://allindia.news/img/a40c9afbcdeb-l.webp

### GIC Re’s NSE windfall masks weaker Q2 as flood claims, health push weigh

- Source: Mint
- Published: 6 November 2026, 18:51 IST (2026-11-06T18:51+05:30)
- Section: Business
- Link: https://allindia.news/s/85daac730c70
- original_url: https://www.livemint.com/companies/company-results/gic-re-s-nse-windfall-masks-weaker-q2-as-flood-claims-health-push-weigh-11793963292081.html
- Image: https://allindia.news/img/85daac730c70-l.webp

The gain from the offer-for-sale in NSE’s IPO helped lift GIC Re’s investment income by11.8% to ₹4,238.26 crore

### Delhi: GRAP 3 kicks in; check what's banned

- Source: The Economic Times
- Published: 6 November 2026, 18:23 IST (2026-11-06T18:23+05:30)
- Section: Business
- Link: https://allindia.news/s/c2c840a173f3
- original_url: https://economictimes.indiatimes.com/news/india/delhi-air-pollution-grap-3-restrictions-kick-in-ahead-of-diwali-whats-allowed-and-whats-banned/articleshow/135607839.cms
- Image: https://allindia.news/img/c2c840a173f3-l.webp

### Airtel brings back ₹299 plan on churn concerns

- Source: Mint
- Published: 6 November 2026, 18:33 IST (2026-11-06T18:33+05:30)
- Section: Business
- Link: https://allindia.news/s/525d383fc77a
- original_url: https://www.livemint.com/companies/news/bharti-airtel-299-prepaid-mobile-plan-subscribers-arpu-11793965930251.html
- Image: https://allindia.news/img/525d383fc77a-l.webp

The move comes after the telecom operator saw a sharp slowdown in subscriber additions and a higher customer churn in the September quarter, underscoring the challenge of raising tariffs in India's price-sensitive mobile market when rivals stay put.

### Centre earns Rs 970 crore from scrap disposal

- Source: The Economic Times
- Published: 6 November 2026, 18:16 IST (2026-11-06T18:16+05:30)
- Section: Business
- Link: https://allindia.news/s/ab2b3b699fa0
- original_url: https://economictimes.indiatimes.com/news/india/waste-to-wealth-centre-earns-over-rs-970-crore-from-disposal-of-scrap/articleshow/135608084.cms
- Image: https://allindia.news/img/ab2b3b699fa0-l.webp

### India's forex reserves drop by $2.69 bn to $717 bn

- Source: The Hindu
- Published: 6 November 2026, 18:13 IST (2026-11-06T18:13+05:30)
- Section: Business
- Link: https://allindia.news/s/5d3f9cec6f7e
- original_url: https://www.thehindu.com/business/markets/indias-forex-reserves-drop-by-269-bn-to-717-bn/article71674389.ece
- Image: https://allindia.news/img/5d3f9cec6f7e-l.webp

Experts attribute this decline to the deployment of the Foreign Currency Non-Resident Bank (FCNR\[B\]) resources and also to currency defence put up by RBI through dollar sales