Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation.
'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'
Mauricio Pochettino is leaving his role as US men's national team coach to join Manchester United, despite signing a new contract in August. He expressed commitment to his final matches against Haiti in the CONCACAF Nations League. US Soccer acknowledged his positive impact and will begin a search for a new coach, with Manchester United reportedly paying $10 million in compensation.
The AICF's proposed constitution could change the symbolism of its top office. The president may no longer remain merely the king on the chessboard -- important to the organisation but with limited reach -- and could become something closer to the queen, influencing internal governance, external representation and emergency decision-making.
Fino Payments Bank reported a net loss of Rs 21 crore for the second quarter ended September 2026, a significant drop from the Rs 15 crore profit in the previous year. This comes as the bank operates under an interim CEO following the arrest of its former MD & CEO, Rishi Gupta, on charges of GST violations linked to online money gaming.
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint its first full-time CEO from a shortlist of three candidates, chosen from over 5,500 applicants. The Trust is also discussing filling three vacant trustee posts, amending the Trust deed, and addressing administrative matters, including financial affairs and security coordination, following a recent controversy over alleged temple donation embezzlement.
Retired IAS officer Devesh Chaturvedi has been appointed chairman of the National Sports Board (NSB), a new body with significant powers to grant or suspend recognition of National Sports Federations (NSFs) and collaborate with international sports bodies. Former TOP CEO P K Garg is also a member. The NSB's formation, which has been criticised by the Indian Olympic Association, aims to ensure accountability in sports governance, including financial oversight and election procedures.
IndiGo CEO Willie Walsh announced that the airline expects to begin receiving wide-body A350 aircraft from the second quarter of 2028, featuring a three-class configuration, as the airline sees significant opportunities in the long-haul market despite industry challenges like rising fuel costs.
TVS Motor Company, the world's third-largest two-wheeler manufacturer, is aggressively expanding its international business, particularly in Europe, with a strategic goal to derive 40 per cent of its overall revenue from global markets by 2030.
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
He was the first Indian to lead the club on a full-time basis.
Lohum's subsidiary Vidyuta has secured government approval under the Electronics Component Manufacturing Scheme (ECMS) for a 20 KTPA cathode active material manufacturing facility, involving a Rs 500 crore investment. This initiative aims to boost domestic production of critical lithium-ion battery components, reducing import reliance and strengthening India's electronics manufacturing ecosystem.
Usman Khawaja has cancelled book promotion events following an interview where he refused to confirm if Australia's bowlers knew about the 2018 ball-tampering plot, reigniting pressure on Cricket Australia to reopen the 'Sandpapergate' investigation.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
Air India group CEO Tewolde Gebremariam announced plans to order more wide-body aircraft to boost international operations, while simultaneously addressing the 'major concern' of high operating costs. The airline aims for profitability 'very soon' despite significant financial losses in recent fiscal years.
Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.
Cricket Australia chairman David Boon has publicly backed Test captain Pat Cummins, stating his job is not under threat despite renewed allegations from Usman Khawaja's book regarding prior knowledge of the 2018 ball-tampering affair. CA CEO Todd Greenberg and Boon reiterated there is no compelling reason to reopen the case.
Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.
The Ladakh administration has ordered the Himalayan Institute of Alternatives (HIAL), founded by innovator Sonam Wangchuk, to cease activities at its Desert Flower School. This directive, issued on November 1, cites the lack of requisite approvals and a pending high court case concerning HIAL. The administration has advised maintaining the status quo until a final decision is reached.
'If it made you uncomfortable, it is completely reasonable to confront them and establish boundaries about what can and cannot be shared,' says rediffGURU Ravi Mittal.
India's leading two-wheeler manufacturers, including TVS Motor, Bajaj Auto, and Hero MotoCorp, are preparing for a deceleration in growth during the second half of financial year 2026-27 (H2FY27). This anticipated slowdown is attributed to a high base effect from last year's GST rate cut, inconsistent rural demand, and a growing disparity between premium and entry-level segments.
BrahMos Aerospace CEO and MD Jaiteerth R Joshi announced that BrahMos missiles have been supplied to the Philippines and an agreement signed with Vietnam, with other Southeast Asian nations also showing interest. He highlighted the role of non-destructive testing (NDT) in ensuring the reliability of the missiles, especially after an unanticipated event like "Operation Sindoor." Joshi also briefed reporters on the upcoming 36th Annual Conference on Non-Destructive Evaluation and Enabling Technologies (NDE 2026) in Hyderabad, which will feature Defence Minister Rajnath Singh and significant business potential.
Mahindra & Mahindra Ltd reported a 25 per cent increase in consolidated profit after tax (PAT) for the second quarter, reaching Rs 4,587.88 crore, primarily driven by strong revenue growth in its auto segment despite global commodity price pressures.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
Indian equity benchmark indices Sensex and Nifty slumped in early trade, ending a three-day rally, as profit-taking combined with concerns over surging retail inflation, which breached the Reserve Bank of India's upper tolerance limit, leading to anticipation of a policy rate hike. Track Sensex, Nifty on November 13.
India's auto sector has reported robust vehicle deliveries during Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai India experiencing significant growth across two-wheeler, passenger vehicle, and commercial vehicle segments. This strong momentum is expected to continue through Diwali, driven by positive market sentiment and high demand, even in the pre-owned car market.
Tata Motors and Italy's Iveco have announced their combined enterprise will become the world's fourth-largest commercial vehicle manufacturer, boasting a revenue of Rs 2.28 lakh crore (Euro 21 billion) following Tata Motors' acquisition of an 89.42 per cent stake in Iveco.
Indian benchmark indices Sensex and Nifty closed lower, snapping a three-day rally, as retail inflation surged to 6.09 per cent in October, breaching the RBI's upper tolerance limit and prompting economists to anticipate a policy rate hike next month.
Indian stock market benchmark indices Sensex and Nifty closed higher for the second consecutive day, driven by robust foreign fund inflows, better-than-expected Q2 corporate earnings, and a sustained moderation in crude oil prices.
The Indian Olympic Association has criticised Hockey India for its failure to release funds for an inquiry committee investigating harassment allegations against HI Secretary General Bholanath Singh. Bholanath has cited a conflict of interest, stating he cannot sign the cheque for the committee, and has asked HI President Dilip Tirkey to do so instead, impeding the probe's start two months after its formation.
OpenAI CEO Sam Altman has stressed the critical importance of understanding and mitigating AI-related security threats, even over productivity gains. He highlighted how AI systems are uncovering numerous software vulnerabilities, necessitating new methods for detection and repair. Altman's remarks follow recent incidents where AI agents exposed serious flaws in widely used programming languages and even breached isolated test environments.
Biocon Ltd reported a 57.3 per cent decline in consolidated net profit to Rs 56.7 crore for the September quarter of FY27, primarily due to a USD 20 million revenue recognition delay caused by geopolitical troubles, which is now expected to be booked in the third quarter.
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint the first Chief Executive Officer (CEO) for the Ram temple in Ayodhya. A selection committee is expected to submit three shortlisted names on Wednesday, following an extensive search process that reviewed approximately 5,500 applications. This move comes after the Trust acknowledged that donation theft had harmed its image, aiming to ensure superior management and restore devotee faith.
Assam has published its draft electoral roll with 2.52 crore electors, an increase of 2.19 lakh voters since the last revision. The list includes detailed breakdowns by gender, age, and disability, with a period for claims and objections until December 11, and the final list due on January 4 next year. This revision is part of a unique Special Revision process for the state.
IndiGo, India's largest airline, reported a narrowed loss of Rs 1,879.1 crore in the September quarter, down from Rs 2,582.1 crore a year ago, primarily due to exceptionally high fuel costs and rupee depreciation.
The Prime Volleyball League (PVL) Season 5, scheduled from November 30 to December 23 in Ahmedabad, will feature 29 international players, including Tokyo Olympics bronze-medallist Hernan Federico Pereyra.
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.
Seven of the top 10 best-performing Indian smallcap stocks over the past year, linked to the US data centre boom and AI infrastructure, are now facing a valuation test as enthusiasm for AI investment shows signs of cooling on Wall Street. Analysts warn that the rally in these Indian counterparts may have left valuations increasingly stretched, with any pullback in US capital expenditure potentially weighing on their share prices.
Anup Bagchi has officially taken over as the managing director and chief executive of HDFC Bank, becoming the first outsider to lead the institution in its three-decade history. He steps into the role facing significant challenges related to core income growth and margins, and will focus on completing the merger with HDFC and engaging with stakeholders.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
