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Turkish Airlines has finalized a landmark financing deal worth 2.9 billion Chinese Yuan (approximately USD 412 million) with Bank of China, arranged through Bank of China Turkey A.Ş. The five-year facility will be directed toward fleet expansion, business growth, construction of new facilities, and infrastructure development at Istanbul Airport, supporting the carrier’s long-term growth strategy. This milestone strengthens Turkish Airlines’ commitment to diversifying funding sources while advancing sustainable and globally inclusive expansion. The financing, coordinated by Bank of China Turkey and BOC Macau branch as lender, also deepens financial cooperation between Türkiye and China, aligning with both nations’ long-term strategic…

Samsung, India’s largest consumer electronics brand, has announced the winners of Samsung Solve for Tomorrow 2025, the fourth edition of its national education programme that challenges young students to use technology to create real-world solutions for pressing challenges in their local communities. The Top Four winning teams—Percevia (Bengaluru), NextPlay.AI (Aurangabad), Paraspeak (Gurugram), and Prithvi Rakshak (Palamu)—received INR 1 crore in incubation grants and will continue to develop their prototypes into scalable real-world solutions with mentorship support at IIT Delhi’s FITT Labs. The jury panel brought together Samsung leadership and experts from across academia, government, and industry to evaluate the finalists’…

Hindustan Unilever Ltd (HUL) announced on Friday, 31 October 2025, that it has received a ₹1,986 crore tax demand notice from the Mumbai Assistant Commissioner of Income Tax, as disclosed in its exchange filing. The order, issued under Section 143(3) read with Section 144C(13) of the Income Tax Act, 1961, challenges the company’s valuation of related party transactions and certain corporate tax claims, particularly depreciation adjustments. According to the filing, tax authorities have raised transfer pricing objections and disallowed specific payments to related parties. HUL stated that it will appeal the order before the appellate authority within the stipulated timeframe.…

Bandhan Bank reported a 9% year-on-year growth in total business for the second quarter of FY26, taking its business size to ₹2.98 lakh crore. Total deposits rose 11% to ₹1.58 lakh crore, with retail deposits accounting for nearly 71%. The bank’s loan book expanded by 7% YoY to ₹1.40 lakh crore. Its Capital Adequacy Ratio stood at a strong 18.6%, while CASA ratio was recorded at 28%. The bank now serves over 3.23 crore customers through a network of more than 6,350 outlets across 35 states and Union Territories, supported by a workforce of over 73,500 employees. Bandhan Bank stated…

Medanta has initiated construction of its 400+ bed super-speciality hospital in Guwahati, marking a major healthcare infrastructure move aligned with regional development priorities. The Bhoomi Poojan ceremony on October 31 was attended by Assam Chief Minister Dr. Himanta Biswa Sarma along with Medanta Chairman & Managing Director Dr. Naresh Trehan and Group CEO Pankaj Sahni, signalling government-private sector convergence in strengthening medical access in the Northeast. With an investment size of approximately ₹500 crore, the Sarusajai-based facility on NH-27 will introduce high-end tertiary and quaternary care, including advanced transplant programs, robotic procedures, cardiology, neurology, oncology, trauma services and full diagnostic…

Apple reported its highest-ever India revenue for the September quarter, contributing to its global sales of $102.5 billion — the company’s best performance yet. This marked Apple’s 14th consecutive quarter of record iPhone sales in India, driven by expanding retail presence and local manufacturing. CEO Tim Cook credited strong demand for the iPhone 17 and expects momentum to continue into the December quarter. Apple CFO Kevan Parekh said iPhone revenue rose 6% year-on-year to $49 billion, with records in several emerging markets, including India. According to IDC, Apple shipped around 5 million iPhones in Q3 2025, likely placing it among…