UEFA is seeking evidence in a US court for a potential Swiss criminal case against FIFA President Gianni Infantino concerning his abandoned World Cup commercial-rights plan.
Sports Minister Mansukh Mandaviya is set to meet Hockey India League (HIL) franchise owners and federation officials to address the league's financial and administrative crisis. The HIL is struggling with unpaid player dues, rising costs, and franchise withdrawals, prompting the ministry to seek solutions for its survival, especially given its importance for Indian hockey development.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
'These limits will change. Very soon restrictions, restrictions will come.'
Bengaluru-based deep-tech company RayVector Technologies is demonstrating its advanced multi-sensor module and wafer-handling technology at SEMICON India. This innovative solution uses sensing, imaging, and AI to detect minute irregularities in semiconductor wafers, helping manufacturers prevent costly production losses. The technology is already being utilised by major global players like Samsung, Intel, and TSMC, highlighting India's growing contribution to the global semiconductor ecosystem.
An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
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.
Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
The Central Crime Branch has arrested Ganesan, a former employee of Gem Granites, for possessing video evidence in the POCSO case against industrialist R Veeramani. The arrest comes as police intensify their probe into multi-crore financial transactions allegedly linked to the case, involving influential individuals and attempts to suppress the investigation.
CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
Investors opening new brokerage accounts must choose a broker suited to their style.
Indian benchmark indices, Sensex and Nifty, traded marginally higher in early trade despite the US Federal Reserve's recent rate hike and indications of further tightening, with the National Stock Exchange's much-anticipated Rs 22,569-crore IPO also opening for subscription.
Salesforce CEO Marc Benioff highlights India's crucial role in the company's shift to an AI-first enterprise system. He emphasized India's vast pool of technology professionals and partners as key to this transformation, underscoring the country's importance in Salesforce's global strategy.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by value buying in banking stocks and select heavyweight counters, with the Sensex climbing 332.63 points and the Nifty ending above 23,200.
The Trinamool Congress has submitted new names and symbols to the Election Commission for the upcoming West Bengal bypolls, following an interim order that temporarily barred the party from using its original name and "flowers and grass" symbol due to an ongoing internal dispute and split. The party submitted its choices under protest.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.
The Tamil Nadu government has constituted an all-women Special Investigation Team (SIT) to probe the sensational POCSO case against granite baron R Veeramani (84), who is accused of sexual abuse of minor girls. The case has led to the easing out of two top IPS officers and allegations of delayed action and political interference.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
Police in Jamui, Bihar, have arrested two main accused in the molestation of a minor girl, bringing the total arrests to five. The arrests followed an encounter where the accused were injured. The incident, captured in a viral video, has ignited a fierce political debate between the ruling NDA and opposition parties over law and order in the state.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.
Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
India has dismissed Pakistan's recent announcement of a seven million rupees bounty on Jaish-e-Mohammed chief Masood Azhar as a "gimmick," demanding concrete action against terrorism. India highlighted Pakistan's history of similar "phoney announcements" and its alleged sheltering of Azhar, while Pakistan faces international pressure from the FATF to crack down on terror financing.
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.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
Jashanpreet Singh, the founder of the 'Punjabi Devils' motorcycle gang, has been sentenced to over five years in prison in the US for unlawful dealing of firearms and possession of a machine gun.