Top Seven Business And Market Stories Of The Day You Can't Miss — Nov. 7


JPMorgan Strategist Explains Why He Raised India’s Rating To ‘Overweight’

JPMorgan upgraded India’s rating to ‘overweight’ citing seasonal impact of elections and strongest growth among emerging markets.

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(Source: Unsplash/Representational)

Bombay High Court Dismisses Naresh Goyal’s Petition Challenging ED Arrest

The ED had arrested Goyal as part of an investigation into money laundering, involving a Rs 538-crore loan advanced by Canara Bank.

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Jet Airways Chairman Naresh Goyal. (Photo: Twitter/Vedic Youth NL)

BoB World App Mess Began With An Innocuous Reward

It’s the tale of a leaky app with poor security, and employees and third-party workers gaming the system to earn incentives.

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Bank of Baroda headquarters in Mumbai. (Source: BQ Prime)

Air Pollution: Stubble Burning Must Stop Immediately, Says Supreme Court

This is something that must have been done as of yesterday, the court said.

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(Source: C/Representational)

PhonePe Elevates Key Executives To Segment CEO Roles

Hemant Gala and Vishal Gupta are now the CEO of PhonePe’s lending and insurance businesses, respectively.

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Source: PhonePe Logo

Non-Life Insurers Report Premium Growth In October

Private general insurers exhibited robust growth, surpassing the industry average, with a growth rate of 22.5% YoY in October.

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(Source: Canva/Representational)

Inox Wind To Raise Rs 500 Crore Via Preference Shares

The tenure of the issue is set for five years from the date of allotment.

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Wind turbines manufactured by Inox Wind Ltd. operate at the Ostro Energy Pvt. (Source: Company Website)

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