Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
Authorities in Chhatrapati Sambhajinagar demolished illegal constructions belonging to AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a Nashik TCS case.
Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.
Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.
Oriental Insurance has insured around 100 Ganesh pandals this year compared with only 20-30 last year.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.
A corporator and three others have been arrested in Chhattisgarh's Mahasamund district for allegedly murdering a man and burying his body along a riverbank.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
The BJP has announced a month-long 'Seva Sankalp Abhiyan' campaign, starting on Prime Minister Narendra Modi's birthday, September 17, to commemorate his 25 years in public life. The initiative includes various programmes like 'Seva Diwas', 'Ashirwad Ka Diya', 'Seva Jyoti Kalash Yatra', youth yatras, and innovation challenges, all aimed at public participation and promoting the vision of 'Viksit Bharat 2047'.
Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.
Prime Minister Narendra Modi celebrated the Unified Payments Interface (UPI) completing a decade, calling it a major turning point in India's digital payment journey. Launched in 2016, UPI has become the backbone of India's digital payments ecosystem, showing exponential growth in transaction volume and value, and is a key pillar of the Digital Public Infrastructure.
The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.
Sardar 2 has the interesting spy games, but too many convenient shortcuts and a tedious runtime leave this sequel struggling to match the crisp, engaging original, argues Sreeju Sudhakaran.
The Gujarat Institute of Prisons and Correctional Administration (GIPCA) is developing modern sports facilities, including high-quality grounds, in anticipation of international events like the Olympics and Commonwealth Games. These upgrades, part of a Phase-I renovation by the Police Housing Corporation, will also provide advanced training facilities like smart classrooms and computer labs for departmental trainees. The prison department recently showcased its sporting prowess by winning the 'Champion Trophy' at the DGP Cup 2026-27 Gujarat Police Wrestling Cluster Competition, securing 14 medals.
One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.
State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
A labour contractor has been apprehended in connection with the collapse of a five-storey building in Delhi's Satya Niketan, which resulted in seven deaths. The building owners are in judicial custody, and investigations are scrutinising construction work and a controversial rent agreement that disclaimed liability for tenant casualties. Authorities are also planning new policies to regulate PGs and ensure safety.
The Tamil Nadu government has mandated stringent quality testing across all distilleries in the state to ensure alcohol content compliance. This decision follows public concern over the temporary ban and swift clearance of products from a private manufacturer, Enrica Enterprises, by the state's liquor monopoly, TASMAC. The move aims to address suspicions and ensure public safety regarding alcoholic beverages.
Competition Commission of India (CCI) chairperson Ravneet Kaur has warned that the rapid adoption of artificial intelligence (AI) could intensify anti-competitive practices in digital markets, including self-preferencing, discriminatory pricing, and market manipulation. She highlighted the CCI's ongoing study into AI's impact on competition and stressed the regulator's role in fostering growth while preventing abuse of dominance.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
The Mumbai civic body has initiated demolition of unauthorised constructions in a posh Prabhadevi high-rise, Rustomjee Crown, following complaints from an RTI activist. The action targets illegal alterations, amalgamation of flats, and conversion of common spaces into habitable areas, with the drive expected to continue over several days.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
The Maharashtra Public Health Department has issued a directive making healthy foods and beverages mandatory in all government canteens and official events. The order aims to reduce the consumption of ultra-processed foods and combat the rising incidence of non-communicable diseases by promoting a menu designed with ICMR-NIN and FSSAI guidelines.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
A five-storey boys' paying guest (PG) accommodation in Satya Niketan, South Delhi, collapsed, resulting in one fatality and trapping several individuals. Rescue operations are ongoing in the congested area, with locals citing ongoing basement construction and the building's age as potential factors.
'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Kerala's state-run Bevco has reported record liquor sales during the first eight days of the Onam festive season, reaching Rs 771.29 crore, surpassing last year's figures. Officials anticipate this year's total sales will exceed the Rs 826.38 crore recorded in 2025, despite a slight dip in Uthradam day sales compared to the previous year.
BJP corporators in Jalna clashed over the passing of a development contract, leading to a police case being registered in connection with the violence.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
More than a dozen Shiv Sena functionaries, including district and city unit chiefs and an MLA's son, have been booked for allegedly assaulting, abusing, and threatening hospital staff in Palghar. The incident occurred after 'govindas' injured during Dahi Handi celebrations were brought for treatment, and a dispute arose over medical bills. The NCP (SP) has condemned the incident, calling it an attack on the medical system and the rule of law, and demanded strict action.
Arunachal Pradesh Chief Minister Pema Khandu highlighted that the success of UPI, which handles nearly half of the world's real-time digital transactions, stems from a collaborative ecosystem including financial inclusion, digital identity, and affordable internet. He attributed this digital payments revolution to the vision of PM Narendra Modi.
West Bengal BJP president Samik Bhattacharya's comments recalling the role of non-Bengali communities during the 1946 communal riots and alleging past restrictions on Durga Puja have drawn sharp criticism from opposition parties, including the TMC, Congress, and CPI(M). Bhattacharya appealed for unity for peaceful Durga Puja celebrations, while opposition leaders accused him of divisive politics and distorting history.
