Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi repeatedly recorded that they had not been consulted or informed about decisions taken in the Commission's name, revealed an Indian Express report on Wednesday morning.
The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.
Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
Nila Vikhe Patil, recently elected to Sweden's Parliament, has expressed surprise and disapproval over her estranged uncle, Maharashtra minister Radhakrishna Vikhe Patil, and cousin, Sujay Vikhe Patil, attempting to associate themselves with her political achievement. She stated that she has had no contact with them for over a decade and views their actions as an attempt to "piggyback" on her success.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
RBI Deputy Governor S C Murmu stated that the introduction of merchant discount rate (MDR) on UPI transactions is unlikely to cause a shift back to cash, despite some concerns, emphasising that MDR will help the payments ecosystem recover costs.
Jindal Supreme (India) Ltd's initial public offering, a manufacturer of plastic piping solutions, was subscribed an astounding 181.07 times on its final day, reflecting robust investor demand across all categories.
Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.
The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
Chief Election Commissioner Gyanesh Kumar is facing significant scrutiny after an investigation revealed objections from his fellow election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, regarding decisions made during the Special Intensive Revision of voter lists. The objections, reportedly made at least 14 times, concerned issues like changes to voter registration forms and centralised control over electoral roll databases, intensifying criticism of Kumar's tenure and the EC's impartiality.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
'I used to earn Rs 45 for working 12 hours a day at the age of 14.' 'The situation at home was weak, so that money was very important. I did whatever work I could find.'
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
India's Consumer Affairs Secretary Nidhi Khare announced that cab aggregators have been ordered to cease advance tipping options, deeming the practice misleading and unfair. This follows the Central Consumer Protection Authority (CCPA) imposing a Rs 10 lakh penalty on Rapido for unfair business practices, including advance tipping and "dark patterns" that pressure users to pay more. Investigations into Uber and Ola are ongoing, with the government emphasizing that tipping should be voluntary and post-ride.
Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.
Indian MMA fighter Varun Sanyal faced a challenging Asian Games debut, marked by logistical issues and a medical disqualification due to a weight-cutting incident. Despite the setback, Sanyal, an Indian citizen with Singapore PR, shares his journey in MMA, his 'fighting nomad' lifestyle, and his aspirations for Indian fighters.
'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'
Venu Srinivasan, a trustee and Tata Sons nominee director, has requested a regulatory inquiry into the governance of the Sir Dorabji Tata Trust, one of the charitable entities controlling 66 per cent of Tata Sons, citing concerns over trustee appointments and the trusts' involvement in commercial affairs.
Climate activist Sonam Wangchuk has demanded the resignation of Union Home Minister Amit Shah, holding him responsible for the deaths of four people during protests in Leh last year. Speaking on the first anniversary of the violence, Wangchuk expressed fear for his life, alleging threats, and called for the judicial inquiry report into the incident to be made public. He criticised the use of automatic weapons against protesters and questioned the branding of local youth as "anti-national," linking the violence to unfulfilled promises regarding Ladakh's constitutional safeguards.
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.
India's top centrally-contracted cricketers, including Ravindra Jadeja, Rishabh Pant, and Yashasvi Jaiswal, underwent mandatory fitness tests at the Centre of Excellence in Bengaluru. These assessments, featuring the Bronco Test, 2k run, and YoYo test, are crucial for the upcoming eight-month home season, which includes series against Afghanistan and West Indies, and the Asian Games.
The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
The Ministry of External Affairs (MEA) has issued a warning against 'malicious' and 'misleading' social media posts concerning the health of world leaders, specifically Chinese President Xi Jinping and South African President Cyril Ramaphosa, who attended the recent BRICS Summit in New Delhi. The warning comes amidst unverified claims about Xi's health and an official statement from Ramaphosa's office confirming his withdrawal from public engagements due to ill health.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
Petrol pump dealers seek exemption from the proposed 5 UPI charge on fuel purchases above 2,000, citing pressure on their margins.
Auqib Nabi's Surrey stint will provide crucial first-class exposure in England as the J&K pacer seeks to strengthen his case for India's Test squad for New Zealand.
'An instruction came from somebody in Delhi saying, "don't go with the launch".'
Veer Ganapathy, son of renowned golfer Rahul Ganapathy, is set to represent Bengaluru Stallions in the AM Green IGPL 2026. The team, also featuring Trishul Chinnappa, Sunhit Bishnoi, and Sudhir Sharma, was unveiled for the second season of India's first franchise-based professional golf league. The IGPL aims to promote golf beyond elite circles and provide exposure to young talent.
Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
