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BusinessPhoto: Hindu Business

Hyundai to Invest ₹4,000 Crore More in Pune Plant, Output to Reach 3,20,000 Units

Hyundai Motor India Ltd. announced an additional investment of ₹4,000 crore in its Pune plant by 2030, raising total investment to ₹11,000 crore. The plant's annual capacity will increase from 1,70,000 to 3,20,000 units in phases. The company plans to boost localisation from 83% to 92%. The plant was inaugurated by Maharashtra CM Devendra Fadnavis, with Hyundai Executive Chair Euisun Chung present.

Hindu Business··Pune

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EntertainmentPhoto: News18Hi Entertainment

Mahesh Bhatt and Prashant Narayanan Reunite for New Film

Mahesh Bhatt and Prashant Narayanan are teaming up again after 'Murder 2' for the upcoming dark action-thriller 'Naam: To Live Is War.' Prashant Narayanan plays a key role, praised by Bhatt for his powerful acting. The film also stars Veer Pahadia, Varun Sharma, and Shefali Bagga among others.

News18Hi Entertainment·

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PoliticsPhoto: The Hindu

SIC to Question Kochi Corporation on Sharing RTI Applicants' Details

The State Information Commission (SIC) will seek an explanation from Kochi Corporation regarding its decision to share details of frequent RTI applicants with the Vigilance department for financial background checks. The SIC expressed concern that this move might discourage people from using the RTI Act. It will also request a copy of the Corporation's resolution before making a decision.

The Hindu··Kochi

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PoliticsPhoto: Aaj Tak

Nirmala Sitharaman Responds to Akhilesh Yadav on IDBI Bank Issues

Union Finance Minister Nirmala Sitharaman targeted Samajwadi Party chief Akhilesh Yadav on social media, questioning his silence during the UPA government when banks were in poor condition. She highlighted that from 2004, Akhilesh's party supported the UPA, which left banks like IDBI in bad shape due to 'phone banking' and 'crony capitalism'. Sitharaman accused the UPA of giving loans to defaulters, causing ongoing recovery issues.

Aaj Tak·

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TechnologyPhoto: Mint Companies

Tata Play Expands Channel Bundle to Smart TV App

Tata Play, a joint venture between Tata Sons and Walt Disney, is expanding its content distribution beyond traditional set-top boxes by launching a new app for smart TVs. This move aims to capitalize on the growing streaming trend, positioning Tata Play to become a key player in living room entertainment through smart TV platforms.

Mint Companies·

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BusinessPhoto: TOI Business

US Stocks Drop as Inflation Surges, S&P 500 Falls 1.1%

US stock markets declined after inflation unexpectedly rose, causing concerns about higher borrowing costs. The S&P 500 fell 1.1%, and the Nasdaq dropped 1.6%. Treasury yields increased, prompting investors to reconsider the appeal of stocks versus bonds. Major banks weighed the risks and rewards of investing in the evolving artificial intelligence sector amid rising interest rates.

TOI Business·

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