The Chamber of Trade and Industry (CTI) has requested a meeting with Congress leader Rahul Gandhi to discuss postponing the INDIA bloc's November 1 rally at Ramlila Maidan. Traders fear significant business disruption during the festive Diwali season due to the expected large crowd. CTI proposes a dialogue, offering to withdraw protests if convinced of benefits or seeking postponement if losses are proven.
Sivakasi, India's fireworks capital, is eyeing global markets as green crackers, rising demand and interest from overseas buyers offer a chance to challenge China's dominance.
India's manufacturing sector activity saw a moderated growth in October, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 54.7 from 55.1 in September, driven by softer increases in output and new orders, though strong international demand provided some support.
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.
Cummins India has announced the appointment of Gbile Adewunmi as its new Managing Director, effective November 1. Adewunmi, currently VP for Power Systems Industrial Markets, will also take on CEO responsibilities, highlighting India's strategic importance to Cummins.
Cummins India has announced the appointment of Gbile Adewunmi as its new Managing Director, effective November 1. Adewunmi, currently VP for Power Systems Industrial Markets, will also take on CEO responsibilities, highlighting India's strategic importance to Cummins.
'India is a large source of Spotify's future audience growth because it is the largest market in the world.'
Skipper Shreyas Iyer lauded all-rounder Naman Dhir for his crucial role in India's record-breaking 226-run chase against New Zealand in the first T20I. Iyer highlighted Dhir's versatility and calm demeanour under pressure. Sanju Samson's explosive start and the team's adaptation to changing pitch conditions were also key factors in India's highest-ever T20 chase.
Congress leader Rahul Gandhi alleged on Sunday that the BJP had forcibly shut shops in Connaught Place, causing losses to traders. He stated that the INDIA bloc had encouraged rally attendees to shop locally, but the BJP's actions prevented this. Gandhi had previously urged supporters to shop for Diwali, countering BJP's "rumours" about the rally affecting businesses. The INDIA bloc's mega rally at Ramlila Maidan on Sunday aims to protest alleged electoral irregularities.
Congress leader Rahul Gandhi encouraged attendees of the INDIA bloc's rally in Delhi to shop locally for Diwali, countering BJP's "rumours" about business disruption. The rally, scheduled for Sunday at Ramlila Maidan, aims to protest alleged electoral irregularities and demand the Chief Election Commissioner's resignation, drawing support from various groups across the country.
Infosys co-founder Nandan Nilekani has dismissed fears that artificial intelligence will lead to job losses in India's IT services sector, calling such concerns "hogwash" and "disaster marketing." Speaking at the Bloomberg New Economy Forum 2026, Nilekani argued that AI will actually increase demand for IT firms as it necessitates complex business transformations and creates new types of jobs, particularly in small businesses.
Elon Musk questioned if Mukesh Ambani is India's "real boss" amidst Starlink's licensing issues, drawing a cryptic response from Rahul Gandhi. The Indian government clarified that security assessments are pending for all satcom licensees, not just Starlink, and the delay is due to the Ministry of Home Affairs.
A new report by BinQle indicates India will face a significant demand-supply gap of artificial intelligence professionals by 2026, requiring 1.4 million AI experts against an available pool of 400,000. This shortage could hinder growth for enterprises and GCCs, driving up salaries and necessitating continuous reskilling and strategic talent development.
India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
New Zealand head coach Rob Walter expressed disappointment over his team's missed opportunities in the first two T20Is against India, acknowledging that while they played well for large parts, they failed to capitalise on crucial moments, leading to two close defeats.
Elon Musk, CEO of SpaceX, stated that Starlink's services in India must be affordable for widespread adoption and that competition would benefit consumers, despite potentially reducing Reliance Jio's profits. He criticised Reliance Jio as a 'de facto monopoly' in India, alleging that certain business conglomerates were blocking Starlink's entry.
Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.
Kapil Dev, president of DP World PGTI, advocates for golf to shed its 'elite' image, highlighting its potential for career opportunities and relationship building. Speaking at the announcement of the 27th BT Golf season, he emphasised how corporate support and media partnerships, like that between Business Today and DP World PGTI, are crucial for increasing the sport's visibility and integrating it with corporate India. Other speakers, including PGTI chief Amandeep Johl and golfer Saptak Talwar, echoed the importance of such collaborations for the growth of golf as a sport and a business networking tool.
NetApp CEO George Kurian announced that India is the company's fastest-growing market in Asia, driven by strong performance in BFSI, manufacturing, IT services, and public sectors. The company's Bengaluru global capability centre is its largest, housing 4,000 engineers and leading global R&D. NetApp also unveiled new AI-focused storage solutions and cloud partnerships at its Insight event.
Info Edge (India) Ltd, the parent company of Naukri.com, is undergoing a significant leadership change as founder Sanjeev Bikhchandani prepares to return as managing director and group chief executive officer. This transition follows Hitesh Oberoi's decision to step down from his executive roles after nearly 27 years with the company, though he will remain on the board as a non-executive, non-independent director.
India's private equity (PE) industry is transitioning from a 'spray and pray' approach to a more selective investment model, focusing on established businesses, greater strategic influence, and operational transformation to generate definitive returns, according to industry leaders Renuka Ramnath and Amit Chandra.
Mercedes-Benz India's Managing Director & CEO Santosh Iyer stated that demand continues to outstrip supply, particularly for the CLA electric vehicle, with over 1,000 orders and deliveries extending to March-April 2027. The company could have sold an additional 1,000 vehicles if supply had been adequate.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
The Maharashtra Food and Drug Administration (FDA) has suspended licenses of 19 food businesses and seized food articles worth over Rs 9 crore during a special festive-season drive. This included Patanjali cow ghee from a super distributor due to suspected misbranding and adulteration. The drive also led to seizures from other major retailers and manufacturers, with 13 FIRs registered and 16 arrests. Additionally, the FSSAI issued show-cause notices to several companies, including Tata 1mg and Amazon, over alleged labelling and advertising violations.
The Chamber of Trade and Industry (CTI) has appealed to Congress leader Sonia Gandhi to postpone the party's November 1 rally at Ramlila Maidan. Traders fear the rally, expected to draw 10 lakh people, could cause significant business disruption and traffic congestion in central and old Delhi during the crucial Diwali festive season, potentially leading to losses of Rs 10,000-12,000 crore. The CTI has suggested either rescheduling the rally or moving it to Burari Ground.
Finance Minister Nirmala Sitharaman has criticised Congress leader Rahul Gandhi for alleging the 'criminal destruction' of the Tata Group, urging him to refrain from 'politicising' commercial and legal matters and accusing him of trying to incite business leaders.
US Secretary of State Marco Rubio is on a three-day visit to India to discuss bilateral ties in energy, trade, investment, defence, and critical technologies, as well as the West Asia crisis. His visit aims to strengthen the India-US Comprehensive Global Strategic Partnership amidst existing friction, with a focus on finalising a proposed bilateral trade deal.
Mukesh Ambani fought back tears as his three children, Akash, Isha, and Anant Ambani, took the stage at the stock market listing of Jio Platforms Ltd, marking an emotional moment that signals the next generation's readiness to lead one of India's largest corporate empires.
ideaForge Technology has received an order from the Survey of India for its Q6 V2 unmanned aerial vehicles. These advanced, DFCA-certified drones will enhance the Survey of India's ability to collect high-quality aerial and geospatial data for surveying and mapping across diverse terrains, offering efficient and rapid deployment for large-scale projects.
Microsoft has launched a voluntary exit programme for eligible employees in India, the US, the UK, and Canada. The initiative offers financial support and career planning resources, with eligible employees in India having until December 1 to decide. The package includes severance benefits and health insurance, aiming to provide flexibility for employees and allow the company to adjust its workforce. This comes as Microsoft continues significant investments in India's AI ecosystem.
Six US Democratic lawmakers, including Pramila Jayapal and Ilhan Omar, have urged US Secretary of State Marco Rubio to address alleged excessive force during student protests in India and concerns over voter purges during his upcoming visit. They also accused Indian diplomatic missions of surveillance of protesters in the US and called for investigations into human rights violations and potential arms sales implications.
IndiGo and Air India Group will progressively shift flights from Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the newly built Navi Mumbai International Airport (NMIA) starting from December. This phased transition, expected to complete by the 2027 summer aviation season, aims to ease capacity constraints at CSMIA, facilitate its Terminal 1 redevelopment, and establish a dual-airport system for Mumbai, enhancing connectivity and future growth.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
The Indian government has strongly refuted Elon Musk's allegations that Starlink's satellite communication services are being blocked in the country, asserting that a fair and non-discriminatory regulatory framework is in place for all telecom providers. The government emphasised that compliance with security norms is mandatory for all licensees, including Starlink, Jio Satcom, and Eutelsat OneWeb, all of whom are currently undergoing security assessments.
Google Cloud India's Managing Director, Sashikumar Sreedharan, has resigned to pursue a new opportunity. Amit Kumar, previously MD for Digital Natives, has been appointed as the interim head of India operations. The transition was announced by Karan Bajwa, President of Google Cloud Asia Pacific, who highlighted the company's strong momentum in India.
While India and the US have narrowed their differences, the remaining issues will be the hardest to resolve
A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.
