2. Godrej Consumer Products has completed its Rs 450 crore acquisition of men’s grooming brand Muuchstac. The company said founders Vishal and Ronak will continue to run the business, while GCPL will support them as the brand scales under its new ownership.
3. Hyderabad Angel Fund has announced a Rs 100 crore venture capital initiative to support high-potential startups across India. The fund plans to invest in 15 to 20 companies and is focusing on sectors including generative AI, gaming, SpaceTech, drones, HealthTech, consumer tech, FinTech, enterprise SaaS, and sustainability.
4. The Adani Group will invest about Rs 63,000 crore in Assam to set up two major power projects, including the Northeast’s largest private coal-fired plant and new pumped-storage facilities. The group said it has received Letters of Award from the state government for both projects.
Adani Power will invest around Rs 48,000 crore to build a 3,200 MW greenfield ultra-super-critical thermal plant under the DBFOO model, after winning the project with a tariff bid of Rs 6.30 per unit and securing coal linkage under the Centre’s SHAKTI policy.
The plant is expected to be commissioned in phases from December 2030 and generate between 20,000 and 25,000 jobs during construction, along with about 3,500 jobs once operations begin.
Adani Green Energy will invest around Rs 15,000 crore in two pumped-storage projects with a combined capacity of 2,700 MW and has also received an LoA for 500 MW of storage capacity through these facilities.
The group said the total project-phase employment across both investments would be about 30,000 and described the developments as its largest private-sector investment in the Northeast, in line with an earlier pledge to invest Rs 50,000 crore in the region.
5. Reliance Industries, led by Mukesh Ambani, has signed an agreement with the Andhra Pradesh government to set up a 1 GW artificial intelligence data centre and develop a 6 GWp solar power project in the state.
The company has already invested more than 25 billion dollars in Andhra Pradesh across oil and gas, digital services and retail and also announced a greenfield integrated food park in Kurnool on 170 acres allotted by APIIC, where automated facilities will produce beverages, packaged drinking water, chocolates, snacks, atta and other products.
The project is expected to create several thousand direct and indirect jobs in the region and part of its clean energy plans, Reliance will establish integrated compressed biogas hubs to support natural farming and soil health, with the first CBG plant already underway in Prakasam.
6. Mumbai-based Lupin has launched its generic version of Risperidone for extended release injectable suspension in the US, with 180-day CGT exclusivity.
The product is available in single-dose vials of 25 mg, 37.5 mg and 50 mg. This is Lupin’s first launch using PrecisionSphere, the long-acting injectable technology developed by its subsidiary Nanomi BV.
The drug is approved for treating schizophrenia in adults and for the maintenance treatment of bipolar disorder in adults, either alone or along with lithium or valproate.
According to IQVIA MAT September 2025 data, Risperidone for extended-release injectable suspension has estimated sales of USD 187 million combined for 25 mg, 37.5 mg and 50 mg in the US.
7. Realty firm Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in expanding its data centre operations. Through its wholly owned subsidiary Anant Raj Cloud, the company will develop new data centre infrastructure and cloud services in two phases. The project is expected to generate about 8,500 direct jobs and 7,500 indirect jobs while supporting the state’s digital ecosystem. Anant Raj currently operates 28 MW of IT load across its Manesar and Panchkula campuses and plans to scale its total capacity to 307 MW by FY32 across Manesar, Panchkula and Rai.
8. IRB Infrastructure Trust, the private InvIT sponsored by IRB Infrastructure Developers, has received a Letter of Award from NHAI for a national highway project in Uttar Pradesh valued at Rs 9,270 crore. The TOT-17 bundle covers 366 kilometres along the Lucknow–Ayodhya–Gorakhpur corridor on NH 27 and part of the Lucknow–Varanasi corridor on NH 731. The trust has been awarded a revenue-linked concession period of 20 years, during which it will handle tolling, operations and maintenance.
9. Hindustan Zinc said it has received a licence from the Andhra Pradesh government to explore and mine a tungsten block in the state. The approval marks a significant step for the Vedanta Group company as it moves beyond zinc, lead and silver into critical minerals needed for advanced manufacturing.
10. Upgrad, led by Ronnie Screwvala, has submitted an expression of interest to buy assets of Think and Learn, the bankrupt parent company of Byju’s, according to sources. The company is reviewing the full portfolio, including the K12 business, Aakash Educational Services, Great Learning and other digital learning units acquired earlier by Byju’s. The Manipal Group, led by Ranjan Pai, has also submitted an EoI and is mainly interested in Aakash, where it already holds about 58 percent.
11. The National Democratic Alliance has secured a strong victory in the Bihar Assembly elections, winning more than 200 of the state’s 243 seats. By 5.25 p.m. on November 15, 2025, the Election Commission reported the alliance leading in 210 constituencies, with the five-phase election recording a 58 per cent turnout. Prime Minister Narendra Modi called the mandate an endorsement of the alliance’s governance and congratulated Chief Minister Nitish Kumar and allies Chirag Paswan and Jitan Ram Manjhi. Union Home Minister Amit Shah also said the result reflected public approval and noted the NDA’s claim of a 20 per cent reduction in crime since 2015. The win is expected to help Bihar access nearly Rs 2 lakh crore in central allocations for projects such as expressways, airports and industrial corridors, alongside the state’s reported 10 per cent annual growth and job creation figures from the outgoing government. At the same time, economists say Bihar continues to face structural challenges including unemployment, weak industrialisation and large-scale migration. Official data shows unemployment falling in earlier years but youth unemployment rising again to 16 per cent. Migration remains widespread, with studies showing nearly half of households experiencing migration and many workers moving to states such as Gujarat, Maharashtra, Delhi, Rajasthan and Haryana for work. Experts have pointed to the need for stronger employment opportunities, better infrastructure and local production hubs in districts like Gaya, Patna and Darbhanga. The new government’s ability to build industries and generate stable jobs will determine how far the mandate translates into economic gains for the state.
12. Razorpay’s Malaysian unit Curlec partnered with NPCI International Payments at the Global Fintech Fest 2025. The tie-up will let visitors make instant UPI payments in Malaysian Ringgit without using international cards, while Malaysian merchants will get settlements in their own currency through Razorpay Curlec’s system without needing extra upgrades. Razorpay said more than one million Indians travelled to Malaysia in 2024 with spending rising over 70 per cent year on year, and the new payment option is expected to cut cash use, lower forex costs and make payments easier for both travellers and businesses.
13. Google said it will invest 40 billion dollars in Texas through 2027 to expand its cloud computing and artificial intelligence infrastructure, including new data centre campuses in Armstrong and Haskell counties. The company said it has been present in Texas for more than 15 years and the new investment will support local workforce needs while strengthening the US technology base for AI. Google also announced plans to add new energy resources to the grid, cover its operational costs and support community energy efficiency programmes. The plan includes a 30 million dollar Energy Impact Fund and more than 6200 megawatts of new energy generation and capacity through power purchase agreements with energy developers. Google recently projected capital spending of 91 to 93 billion dollars in 2025 due to rising investments in data centres and computing capacity. Texas continues to attract major technology investments, with OpenAI planning a 500 billion dollar Stargate data centre project in Abilene, Meta expanding its Fort Worth data centres, Tesla and Oracle shifting headquarters to Austin and Samsung committing 17 billion dollars for a semiconductor facility in Taylor.
14. Disney and YouTube TV have reached a new agreement that brings back channels like ABC and ESPN to the Google-owned streaming platform, ending a blackout that lasted for more than two weeks. Disney said all its networks, including ABC, ESPN, NatGeo, FX, Freeform, SEC Network and ACC Network, have started returning to YouTube TV. The blackout began on October 30 when the two companies failed to agree on new licensing terms, leaving subscribers without access to major sports events, news and entertainment. YouTube TV had accused Disney of demanding terms that would raise prices for customers, while Disney said the platform refused to pay fair rates and used its market dominance to influence negotiations. The companies traded public statements during the dispute, including around content available before the US elections. YouTube TV said the new agreement preserves the value of its service, and Disney said the deal reflects its commitment to meet changing audience preferences. The outage follows similar disputes in the streaming industry and was not the first between the two companies, with a shorter disruption in 2021. YouTube TV costs 82.99 dollars a month and previously offered subscribers a 20 dollar credit during the dispute. Disney’s content is also available on services like Hulu, Disney Plus and its standalone ESPN streaming service, which launched earlier this year at 29.99 dollars per month.
15. Maruti Suzuki has recalled 39,506 units of the Grand Vitara SUV due to a possible defect in the speedometer assembly that may cause the fuel level indicator and warning light to show incorrect readings. The affected vehicles were manufactured between December 9, 2024 and April 29, 2025. Owners will be contacted directly by authorised dealer workshops for inspection and replacement of the faulty part at no cost. The notice was signed by Sanjeev Grover, Executive Officer and Company Secretary, on November 14, 2025.
Bhai next below news is International skip to Funding section if it's useless to you
16. New leaked documents reported by tech blogger Ed Zitron offer fresh details on OpenAI’s financials, including its revenue and compute expenses over the past two years. Zitron said Microsoft received 493.8 million dollars in revenue share payments from OpenAI in 2024, which increased to 865.8 million dollars in the first three quarters of 2025. OpenAI reportedly shares 20 percent of its revenue with Microsoft under a previous deal linked to Microsoft’s more than 13 billion dollar investment, though neither company has confirmed the percentage. According to sources Microsoft also shares about 20 percent of its Bing and Azure OpenAI Service revenue with OpenAI, since those products use OpenAI’s models. The same source said the leaked figures reflect Microsoft’s net revenue share after deducting the royalties it pays OpenAI for Bing and Azure OpenAI. Microsoft does not disclose detailed revenue from these products, making the total amounts difficult to estimate.
Based on the commonly cited 20 percent revenue share, the leaked numbers imply OpenAI generated at least 2.5 billion dollars in revenue in 2024 and 4.33 billion dollars in the first three quarters of 2025. Earlier reports from The Information estimated OpenAI earned around 4 billion dollars in 2024 and 4.3 billion dollars in the first half of 2025. OpenAI CEO Sam Altman has said the company is generating “well more” than 13 billion dollars a year and expects to end the year with an annualized revenue run rate above 20 billion dollars. He also said revenue could reach 100 billion dollars by 2027. Zitron’s analysis suggested OpenAI spent about 3.8 billion dollars on inference in 2024, rising to about 8.65 billion dollars in the first nine months of 2025. Inference refers to the computing required to run AI models. OpenAI has mainly used Microsoft Azure for compute but has also signed agreements with CoreWeave, Oracle, AWS and Google Cloud. Earlier reports estimated its total compute spend at about 5.6 billion dollars in 2024 and its cost of revenue at 2.5 billion dollars for the first half of 2025. According to sources most of OpenAI’s training spend is paid using credits provided by Microsoft, while inference costs are largely paid in cash. The leaked numbers indicate that OpenAI’s inference costs may be higher than its revenue, raising questions about the financial structure behind current AI investments.
17. Tesla has shared its most detailed data yet on how its advanced driver-assistance software performs, On a new section of its website, Tesla says that in North America, owners using its Full Self-Driving Supervised software are driving around 5 million miles before a major crash and about 1.5 million miles before a minor crash. Tesla compares this to National Highway Traffic Safety Administration data, which shows a major collision roughly every 699,000 miles and a minor one every 229,000 miles. Tesla has been publishing quarterly vehicle safety reports but has faced criticism for not sharing enough detail, including around its Robotaxi trial in Austin, where employees are still seated behind the wheel. Tesla has now broken out separate results for FSD and Autopilot. The company says FSD users travel about 2.9 million miles per major collision and about 986,000 miles per minor collision, compared to NHTSA averages of 505,000 and 178,000 miles respectively.
18. The U.S. Justice Department has said that five people have pleaded guilty to helping North Korean nationals defraud American companies by posing as remote IT workers. The scheme affected 136 companies and generated about 2.2 million dollars for Kim Jong Un’s regime. The guilty pleas are part of a long-running U.S. effort to block North Korea from funding its nuclear weapons programme through cybercrime. Three U.S. nationals — Audricus Phagnasay, Jason Salazar, and Alexander Paul Travis — pleaded guilty to a wire fraud conspiracy charge. Prosecutors said they helped North Korean IT workers access company laptops remotely, pass vetting procedures like drug tests, and use their identities to get hired. Travis, who was serving in the U.S. Army at the time, earned more than 50,000 dollars, while Phagnasay and Salazar earned at least 3,500 and 4,500 dollars. In total, the setup resulted in U.S. companies paying about 1.28 million dollars in salaries, most of which went to the North Korean workers overseas. Another U.S. national, Erick Ntekereze Prince, also pleaded guilty. He ran a company called Taggcar that supplied IT workers to U.S. firms even though he knew they were overseas and using fake or stolen identities. He earned more than 89,000 dollars and hosted laptops in multiple homes in Florida. Ukrainian national Oleksandr Didenko also pleaded guilty to wire fraud conspiracy and aggravated identity theft. Prosecutors say he stole U.S. citizens’ identities and sold them to North Koreans so they could get jobs at over 40 companies, earning hundreds of thousands of dollars. Didenko has agreed to forfeit 1.4 million dollars. The DOJ also said it has frozen and seized more than 15 million dollars in cryptocurrency that North Korean hackers stole from crypto platforms in 2023. Hackers linked to the regime have increasingly targeted crypto companies, stealing more than 650 million dollars in 2024 and over 2 billion dollars so far this year.
19. NIIF has sold 49% of its stake in Ather Energy through open market transactions on November 13, 2025, offloading 87 lakh shares at an average price of Rs 622.35 each, which totals Rs 541 crore. As of September 30, NIIF held 1.77 crore shares in the EV maker, representing 4.7% of its total shareholding. The block deal saw strong institutional interest, with Motilal Oswal Mutual Fund buying shares worth Rs 150 crore, Invesco Mutual Fund picking up Rs 120 crore, and Param Capital purchasing Rs 99.6 crore. Société Générale acquired Rs 62 crore worth of shares, while Edelweiss Mutual Fund bought Rs 50 crore. Ashoka WhiteOak ICAV and India Acorn ICAV invested Rs 25 crore each, and Ghisallo Master Fund LP bought shares worth Rs 10 crore. This comes a week after Tiger Global exited its entire Ather stake for Rs 1,204 crore, marking a 16X return on its investment.
20. SEBI has warned investors against putting money into digital gold sold by unregulated platforms, saying these products do not come under its regulatory framework. The regulator noted that many fintech apps are offering digital gold without any oversight, which could expose buyers to operational and counterparty risks. SEBI clarified that digital gold is not the same as gold ETFs or electronic gold receipts, which are regulated products. Since it is not classified as a security or a commodity derivative, investors do not get the protections available in capital markets. The caution comes as digital gold has grown popular on apps like SafeGold, Paytm, Google Pay, Jar, Gullak, IndiaGold and PhonePe, where users can buy small amounts of gold and redeem it easily, even though the product is still seen as operating in a grey zone between physical and financial assets.
Bhai now Let's give a huge shoutout to every startup raised funds
1. ExtraMile Play, a gamified employee engagement platform, has raised about $500,000 in a seed round led by GSF, with Mount Judi Ventures, GrowthSense and Growth91 also participating.
2. JioHotstar has hired former Uber executive David Zakkam as its Senior Vice President and Head of Analytics and Data Strategy. Zakkam has more than 21 years of experience in data science and analytics and has previously worked in leadership roles at Uber, Meta, Swiggy and Mu Sigma.
3. Nia.one, a full-stack platform for gig and blue-collar workers, has raised 2.4 million dollars in seed funding from Elevar Equity. The company plans to use the funds to expand its Niadel hubs across major cities and employment corridors, offering jobs, housing and daily essentials for gig workers in one integrated ecosystem.
4. Codeyoung, a learning platform for K–12 students, has raised 5 million dollars in a Series A round co-led by 12 Flags Group and Enzia Ventures. The company said the round also provided an exit for its early investors.
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