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19 Feb

IIFL Finance plans Rs 2,000 crore NCD issue offering up to 9% yield

Business BureauBusiness

IIFL Finance Limited has announced a public issue of secured redeemable non-convertible debentures (NCDs) to raise up to ₹2,000 crore, with the issue opening on February 17, 2026, and closing on March 4, 2026, subject to early closure. The base issue size is ₹500 crore, along with a green-shoe option of ₹1,500 crore to retain oversubscription. The funds will be used for business growth and capital augmentation. The NCDs offer an effective yield of up to 9% per annum across tenors of 24, 36, and 60 months, with monthly, annual, and cumulative interest payment options. Rated CRISIL AA/Stable and BWR…

19 Feb

Thunder meets cricket fever: Hanumankind powers Thums Up anthem at India–Pakistan T20 clash

Business BureauBusiness

Beverage major Thums Up transformed the high-voltage India–Pakistan ICC Men’s T20 World Cup encounter into a high-energy cultural spectacle, bringing its iconic “Aaj Kuch Toofani Karte Hain” philosophy alive inside a packed stadium. Hip-hop artist Hanumankind headlined the match-day entertainment, performing the brand’s latest anthem Taste the Thunder alongside select tracks, amplifying the electrifying atmosphere of the marquee clash. The performance featured signature static-glitch visuals across LED screens, a dramatic countdown, and coordinated lighting, smoke, and aerial choreography, culminating in a high-energy finale led by dance crew Kings United India. Hanumankind said performing during such a match was “incredible,” adding…

19 Feb

Reliance Bets Big on AI, Plans Massive 7-Year Investment

nanikaIndia

Reliance Industries Chairman Mukesh Ambani on Thursday announced a massive investment of ₹10 trillion over the next seven years to build artificial intelligence (AI) infrastructure and services across India, marking one of the country’s biggest commitments to emerging technology.Speaking at the AI Impact Summit in New Delhi, Ambani said the investment—led by Jio along with Reliance—will begin this year and focus on creating sovereign AI capabilities for the nation.“Jio will now connect India with the intelligence era. We will deliver intelligence to every citizen, every sector of the economy, every facet of social development, and every service of government,” Ambani…

19 Feb

Key accomplishment in Arunachal Pradesh’s Dibang Hydro Project under construction

Banasree SarkarArunachal Pradesh

The successful daylighting of diversion tunnel-3 (DT-3) in Arunachal Pradesh's 2,880 MW Dibang Multipurpose Project marked a major construction milestone and continued advancement in one of India's biggest hydropower projects. The tunnel's excavation work was completed when NHPC Director (Projects) Sanjay Kumar Singh pressed the control button to symbolically start the last blast, marking the breakthrough, in front of NHPC Executive Director and Head of Project Narender Kumar, Executive Director (Project Monitoring & Support Group) Umesh Kumar Nand, and other NHPC and L&T officials. The accomplishment, according to NHPC officials here on Wednesday, was a significant step in moving construction…

19 Feb

First-Ever Tea Auction Centre in Tripura Expected to Start Functioning in April

Sonakshi SarkarTripura

Tripura is set to see the inauguration of its first tea auction centre in Gurkhabasti by April this year, as confirmed by Samir Ranjan Ghosh, chairman of the Tripura Tea Development Corporation (TTDC). The Chief Minister, Manik Saha, had previously laid the foundation stone for this facility in March 2024, marking a pivotal development for the state. This auction centre will be the eighth of its kind in India, enhancing the local tea industry's profile and situating Tripura alongside other states hosting such centres. To address the logistical concerns highlighted by buyers about the high transportation costs associated with shipping…

19 Feb

Fare Cut Triggers Indefinite Strike by Uber Bike Riders in Agartala

Sonakshi SarkarTripura

Uber bike riders in Agartala have initiated an indefinite suspension of their services in protest against the 'Bike Saver' option, which they argue has significantly decreased their earnings. Over 200 riders gathered near Heritage Park for a demonstration, voicing concerns over declining income, poor working conditions, and a perceived lack of support from the local Uber office. They indicated that ongoing Smart City projects have worsened road conditions, complicating commuting efforts while they've continued to work without sufficient assistance. The riders contend that the implementation of the lower-fare 'Bike Saver' negatively impacts their earnings, exacerbating their financial struggles. They have…

18 Feb

VOL 8, ISSUE 03 – The Mileage

TheNewsMileageJournals

18 Feb

AU Bank, Torrent Pharma, Graphite India Emerge as Breakout Bets, Analysts Signal Upside

nanikaFinance

Indian equity markets have remained volatile in February, with the Nifty 50 swinging nearly 1,800 points between 24,572 and 26,341. Despite the turbulence, the benchmark index is up 1.3% so far this month, while broader markets have outperformed. The Nifty MidCap 150 has gained 2.5% and the Nifty SmallCap 250 is up 2.2%. Amid stock-specific action, analysts highlight breakout opportunities in select counters.Torrent Pharmaceuticals has surged nearly 8% in February, breaking above the key ₹4,200 resistance and trading near its 52-week high. The stock remains above its 50-day moving average of ₹4,014, with analysts expecting a move toward ₹4,400–₹4,550 as…

18 Feb

To maintain Itanagar’s cleanliness, the governor of Arunachal appeals for everyone to take responsibility

Banasree SarkarArunachal Pradesh

K. T. Parnaik urged everyone to work together to keep the state capital clean, emphasizing the need for greater urban management and public engagement. According to an official statement, the governor encouraged people to respect public areas, practice good hygiene, and pay for the necessary services provided by the Itanagar Municipal Corporation (IMC) while chairing a review meeting on sanitation and civic amenities at the Lok Bhavan. He urged the active participation of corporators in planning and execution and emphasized the prudent use of IMC funding. According to Parnaik, it is the duty of elected officials to mobilize public support…

18 Feb

Royal Stag BoomBox brings Armaan Malik, Dino James and Fossils to Kolkata on Feb 21

Business BureauBusiness

Kolkata is set for a high-energy musical evening as Royal Stag BoomBox – The Original Sound of Generation Large arrives in the city on February 21, 2026. The festival will be held at Aquatica Ground from 3 PM onwards, bringing together music, gaming and immersive pop culture experiences under the theme of ‘Living It Large’. The line-up features popular singer Armaan Malik, rapper Dino James, legendary Bengali rock band Fossils, along with DJ Sahil Gulati and Payal Dhare. The event promises a fusion of Bollywood’s evergreen melodies and high-octane hip-hop energy, offering fans a dynamic live entertainment experience. Beyond the…