The Adani Group will invest an additional Rs 50,000 crore across the northeastern region over the next 10 years, which would prioritise local jobs and entrepreneurship, its Chairman, Gautam Adani, said on Friday.

With this, the Adani Group has pledged Rs one lakh crore investments for the northeast.

Addressing the ‘Rising North East Investors Summit’ here in the presence of Prime Minister Narendra Modi, the billionaire industrialist said the focus would span across green energy, including smart meters, hydro-pump storage, power transmission, roads and highways, digital infrastructure, logistics and capacity building through skilling and vocational training centres.

In response to shifting global dynamics, India will need to significantly ramp up investments in military hardware, space technology, drones, air defence systems, aircraft carriers, smart grids and power infrastructure, a report showed on Friday.

“Operation Sindoor” has showcased a transformative application of advanced air warfare, missile systems, and drone technology, reinforcing the strategic importance of the “Make in India” initiative.

“As global powers seek to expand their footprint in Southeast Asia, geopolitical uncertainties are expected to intensify,” according to the report by PL Capital.

Additionally, the suspension of the Indus Water Treaty is likely to unlock new opportunities across engineering, procurement, and construction (EPC), pumped storage projects (PSPs), and hydroelectric equipment, it added.

PL Capital believes geopolitical complexities are on the rise and are likely to intensify in the near future. While the Middle East has long been a region of fragile stability, Southeast Asia now finds itself on the brink of disruption.

Cybersecurity is becoming an increasingly important factor car manufacturers have to consider with the global automotive industry's move toward more "connected" and "software-defined" vehicles, an executive at a South Korean automotive cybersecurity solutions provider said.

"The era of software-defined vehicles is coming ... which means there is much more interface connecting the cars and the external environment, making cars more vulnerable to cyberattacks," Lee Joo-hwa, head of Autocrypt's European branch, told Yonhap News Agency on the sidelines of the 2025 International Transport Forum Summit in Leipzig, Germany.

"It also means there is a higher possibility of data breaches in SDVs, which deal with exponentially larger amounts of data (than hardware-defined vehicles)," she said.

SDVs refer to next-generation automobiles where software plays a central role in controlling, managing and enhancing their functions. The concept also includes self-driving cars.

Despite ongoing global market volatility, nearly 90 companies have submitted draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI) between January and May 2025, signalling continued interest in going public.

Data from the SEBI website reveals that January saw the highest activity, with 28 companies filing draft papers, followed by 15 in February, 11 in March, 24 in April, and 12 so far in May.

The surge in DRHP filings comes at a time when the actual number of initial public offerings (IPOs) hitting the market has been significantly lower compared to the same period last year.

Only nine companies have made their debut on the mainboard segment between January and May this year, compared to over 25 in the same period in 2024.

Global rating agency Fitch Ratings on Thursday raised India's GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years, on the back of a sharper rise in the country’s labour force participation rate in recent years.

Fitch highlighted that the revised estimate for India shows a stronger contribution from labour inputs, mainly total employment, rather than labour productivity.

At the same time, the global rating agency has scaled down China's growth projection by 0.3 percentage points to 4.3 per cent from 4.6 per cent earlier.

The changes are part of Fitch's revised assessment of potential GDP growth for 10 emerging market economies over the next five years.

Kolkata-based wood panel manufacturer Greenpanel Industries on Thursday announced that the company's profit fell to Rs 72.1 crore in FY25, down by nearly 47 per cent from Rs 135.24 crore in the previous fiscal (FY24).

On year-on-year (YoY) basis, net profit for the quarter was Rs 29.4 crore, a marginal decline of 1.4 per cent compared to Rs 29.8 crore in the year-ago period (Q4 FY24).

The decline was mainly due to lower revenues and weaker margins.

Real estate firm Emami Realty Limited on Thursday reported a sharp fall in its financial performance for the March quarter (Q4 FY25), as its consolidated net loss widened more than four times to Rs 79.68 crore, compared to a loss of Rs 19.47 crore in the previous quarter (Q3 FY25).

The loss also deepened on a year-on-year (YoY) basis, with the company posting an annual net loss of Rs 126.25 crore in FY25, slightly higher than the Rs 123.10 crore loss in FY24, according to its stock exchange filing.

Revenue from operations fell by 76.12 per cent to Rs 13.66 crore in Q4 FY25, down from Rs 57.22 crore in the preceding quarter.

Compared to the same period last year (Q4 FY24), when revenue stood at Rs 17.45 crore, the decline was 21.72 per cent.

The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.

Excluding non-recurring prior period items, the growth stands even higher at 18 per cent (on-year). Meanwhile, profit after tax (PAT) rose to an all-time high of Rs 40,565 crore.

Gross assets increased to Rs 609,133 lakh crore at a six-year (FY19-FY25) CAGR of over 25 per cent, as the Adani Portfolio registered record capex of Rs 126,000 crore ($14.7 billion).

"A key highlight of FY25 is the continued industry-beating Return on Assets (RoA) of 16.5 per cent, which is among the highest in any infrastructure business globally, underpinning the attractive asset base and the execution capabilities of the Adani Portfolio to continuously churn out the best quality assets across sub sectors," said Jugeshinder 'Robbie' Singh, GCFO, Adani Group.

As Mumbai’s energy demand grows rapidly, Adani Electricity has taken a major step toward enhancing power reliability by equipping its frontline teams — “Power Warriors” — with advanced mobile infrared (IR) imaging tools.

These compact, smartphone-enabled devices are transforming how power infrastructure is monitored and maintained across the city.

Mumbai’s fast-paced redevelopment and climate shifts place growing pressure on power assets like transformers, switchgear, and distribution panels.

To stay ahead of potential faults, Adani Electricity has rolled out mobile thermal imaging devices that allow on-the-spot detection of equipment stress or overheating—often before any outward sign of failure appears.

“Our field teams can now identify and address developing issues during their first site visit — preventing power interruptions before they happen,” said the company.

Google may launch a cheaper version of YouTube Premium without its music streaming component in South Korea in a move aimed at addressing concerns over alleged anti-competitive practices, the country's antitrust watchdog said on Thursday.

The self-proposed measure is part of negotiations between the U.S. tech giant and the Fair Trade Commission (FTC), which has been investigating Google over suspicions that it violated fair trade rules by bundling YouTube Music to its premium subscription service.

In July last year, the FTC issued a report equivalent to a formal prosecution complaint, accusing Google Korea of unfairly bundling YouTube Music with YouTube Premium, thereby restricting consumer choice and abusing its market dominance, reports news agency.

The regulator claims Google's practice effectively forced consumers to subscribe to both services, limiting options for those who may have only wanted access to ad-free video streaming.