On the third day of the Ranji Trophy Elite Group C matches, Delhi trailed Bengal by 88 runs, with Bengal having posted 429. Kerala faced a significant deficit against Jharkhand, while Gujarat took a first-innings lead against Odisha, who now hold a slender four-run lead in their second innings. Maharashtra led Services by 172 runs despite a shaky start to their second innings.
Air India has commenced construction of a new multi-facility Maintenance, Repair, and Overhaul (MRO) hangar at Delhi's Indira Gandhi International Airport. This nine-acre facility aims to centralise engineering and maintenance activities, enhancing fleet upkeep, improving reliability, and reducing aircraft ground time for the Tata Group-owned airline.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
The Supreme Court has granted a temporary relief to former Kerala chief minister Pinarayi Vijayan, his daughter, and son-in-law by staying for a week the investigation against them in the alleged Cochin Minerals and Rutile Limited (CMRL) bribery case. The apex court permitted them to appeal a single judge's order before the Kerala High Court division bench and cautioned the Enforcement Directorate against exceeding its statutory limits.
Indian benchmark indices Sensex and Nifty traded lower in early sessions due to profit-taking and significant foreign institutional investor (FII) outflows, despite strong performance from IT stocks like Tech Mahindra. Track Sensex, Nifty on October 16.
A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.
A strike by Dakshin Haryana Bijli Vitran Nigam (DHBVN) workers has caused widespread power outages across Gurugram, Faridabad, and Nuh districts since Wednesday night. Thousands of residents and industrial units are affected, leading to significant economic losses and disruption of essential services like water supply. Talks between authorities and striking employees have so far been inconclusive.
The three-day Army Commanders' Conference commenced in New Delhi, featuring the release of the 'Land Warfare Doctrine' by Defence Minister Rajnath Singh. This vision document aims to equip the Indian Army for future conflicts and evolving warfare challenges. The conference brings together senior leadership to discuss operational preparedness, capability development, and future transformation initiatives, with addresses from top defence officials and recognition for peacekeepers and environmental efforts.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
Elon Musk has escalated his criticism of Indian industrialist Mukesh Ambani, sharing media reports that alleged Reliance-funded firms helped boost BJP campaigns on social media and made large political donations. This comes amidst a persistent delay in the launch of Starlink satellite broadband services in India, with Musk accusing Ambani of protecting a monopoly. The Indian government maintains its telecom framework is fair and non-discriminatory, while Reliance has not publicly responded to Musk's allegations.
Olympic gold medallist Abhinav Bindra has announced he will not contest for a position on the Indian Olympic Association's Executive Board, despite being on the list of Sportspersons of Outstanding Merit eligible for the upcoming elections on December 5. Bindra also shared his views on India's performance at the recent Asian Games and the record-breaking success at the Asian Para Games.
Air Chief Marshal A P Singh, the outgoing IAF chief, flew his final sortie aboard an HJT-16 Kiran Mk-1 trainer aircraft at the Air Force Academy in Hyderabad, bringing his distinguished flying career full circle. The flight was particularly special as he flew with his first flying instructor, Wing Commander V S Kochar (retd), marking an emotional reunion and a tribute to his journey. He is set to superannuate on October 31.
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.
'Pooja has been my friend, my partner and my biggest support system,' says Ashish. 'If there is one thing I have learned from our marriage, it is that you don't need to have all the answers. You just need to convince your wife that you do and wait until she figures out the rest.'
TCS chief executive and managing director K Krithivasan stated that the US is unlikely to target tech companies based on their domicile, with actions like the recent green card application programme suspension being driven by local sensitivities around jobs.
They had bought Rs 29,631 crore worth of shares in August.
Massive nationwide protests in France over the rising cost of living and underfunded public services turned violent, with nearly 1,000 people arrested and key urban centres hit by tear gas and clashes.
Air Chief Marshal AP Singh stated on Sunday that the Indian Air Force's Operation Sindoor demonstrated its capability to strike targets across the Western front, serving as a warning to adversaries. He highlighted the operation's validation of the IAF's capability-centric approach, indigenous weapon systems, and commitment to zero collateral damage, while also outlining the force's long-term vision for 2047 to become a multi-domain aerospace power.
Former IAS officer Divya Mittal has launched her new political party, Jan Neeti Bharat, with the aim of contesting the 2027 Uttar Pradesh assembly elections and redefining governance by making people central to policymaking and ensuring government accountability.
Indian IT stocks have experienced their most significant weekly surge in 18 years, with the Nifty IT index climbing 11.72 per cent, as a global sell-off in AI-linked equities redirected investor attention towards India's IT services sector. This shift aligns with a JP Morgan report identifying India as a 'natural AI hedge' due to its large, liquid market and strong domestic institutional investor base.
The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.
India has issued a fresh advisory for its nationals in Saudi Arabia, urging them to take precautions due to heightened security concerns following drone and missile attacks by Yemen's Houthi rebels. The advisory includes instructions on what to do during an aerial attack and notes flight disruptions, with Indian carriers suspending services until late October.
Indian Hotels Company Ltd (IHCL) is set to achieve its target of 700 hotels by fiscal year 2027, significantly ahead of its original 2030 goal, driven by strong financial performance and strategic expansion plans, including the merger of Oriental Hotels Ltd.
HCLTech has announced a global partnership with Anthropic to establish a dedicated business unit focused on developing agentic AI solutions for enterprise clients using Anthropic's Claude. The collaboration aims to help businesses adopt AI systems that operate with minimal human intervention, prioritising safety, cybersecurity, and governance. HCLSoftware will also integrate Claude into its enterprise products.
Tata Consultancy Services (TCS) announced a 15 per cent increase in net profit, reaching Rs 13,884 crore for the September quarter, driven by an 11.22 per cent rise in revenue from operations.
Indian benchmark indices Sensex and Nifty saw a sharp rebound in early trade, driven primarily by a rally in IT stocks and a decline in crude oil prices, even as global markets faced selling pressure due to US inflation concerns. Track Sensex and Nifty on
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research & Advisory.
Indian benchmark indices Sensex and Nifty saw an early rebound, driven by strong performances from blue-chip HDFC Bank and major IT firms like HCL Tech, which reported a significant rise in net profit. Track Sensex, Nifty on October 13.
The second round of the Ranji Trophy will see India's Test and ODI captain Shubman Gill return to action for Punjab, while Mumbai will be without key players Yashasvi Jaiswal and Ayush Mhatre due to India A duties and injury, respectively, setting the stage for crucial encounters across the country.
Indian benchmark equity indices, Sensex and Nifty, significantly recovered from sharp early losses, driven by buying in State Bank of India and Reliance Industries, alongside fresh foreign fund inflows, despite declines in Axis Bank and HDFC Bank.
L&T Technology Services (LTTS) has inaugurated an NVIDIA-powered Engineering Intelligence (EI) lab in Bengaluru, designed to showcase AI-native manufacturing, digital twins, and autonomous systems. The facility offers clients a comprehensive view of the manufacturing journey, from virtual validation to autonomous operations, and plans to expand to the US.
The Supreme Court on Sunday directed that people gathering peacefully should not be illegally detained and issued a notice to the Centre regarding alleged violations of its earlier order during a CJP protest in Delhi. The court also asked the Solicitor General to ensure normal metro services and no internet disruption, while addressing concerns about widespread detentions and transport closures.
Perhaps we spend too much time planning how to become financially free and too little asking what we want to be free for, notes Harsh Roongta.
India's exports saw a significant 23 per cent increase, reaching USD 44.4 billion in September, while the trade deficit narrowed to USD 30.21 billion, according to recent government data.
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.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government, posing 12 questions regarding the banking sector. He highlighted issues such as recurring bank charges, reduced interest rates, demonetisation's impact, missing locker valuables, and poor working conditions for bank employees, accusing the government of weakening banks and exploiting vulnerable communities.
A video showing a senior woman IPS officer, Ankita Sharma, firing an AK-47 during a traditional Shastra Puja on Dussehra in Rajnandgaon, Chhattisgarh, has gone viral. The incident has ignited a debate over weapon handling protocols and safety, with some defending her actions as tradition while others, including military experts, criticised the perceived recklessness.
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
