HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
The opposition parties, including Congress, Raijor Dal and Trinamool Congress, opposed the move and demanded wider consultation with all the stakeholders before its introduction.
Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.
'If investors are trusting a new establishment in Tamil Nadu, it speaks a lot of the state's investment climate.'
The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.
Tata Sons chairman N Chandrasekaran has issued a statement explaining his decision not to seek an extension beyond his current tenure, which ends on February 20, 2027, citing a lack of unanimous board support for his reappointment.
Australia's players union has joined global criticism of FIFA's proposal to bring private investors into the World Cup and other events, citing a lack of transparency and pressure on member associations to approve the $20 billion plan.
Former FIFA vice-president Jim Boyce has strongly criticised President Gianni Infantino's abandoned plans to sell a stake in the World Cup to private investors, labelling the proposal 'ludicrous' and urging FIFA to prioritise the interests of fans over profit.
A meeting of Tamil Nadu MPs, led by Chief Minister C Joseph Vijay, unanimously decided to oppose the Union government's proposed delimitation exercise, demanding its complete withdrawal and an extension of the delimitation freeze for another 25 years.
Banaras Hindu University (BHU) has received approximately Rs 15 crore in funding from the Indian Council of Medical Research (ICMR) for six biomedical research projects. These projects aim to address critical national health priorities, including cancer detection, antimicrobial resistance, and pediatric septic shock, fostering advanced research and improving patient care.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
The US has informed allies it will avoid new military strikes on Iran, instead focusing on economic sanctions and maritime enforcement, particularly in the Strait of Hormuz. This strategic shift aims to intensify pressure on Tehran's economy and oil exports while keeping the military option open if Iran initiates aggression. Diplomatic efforts continue amidst persistent regional tensions and maritime incidents.
The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
FIFA President Gianni Infantino's re-election bid is facing significant challenges as several national football federations, including Serbia, Sweden, and Wales, have withdrawn their support.
UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.
Chief Justice of India Surya Kant sharply criticised the Bar Council of India (BCI) for its 'uncalled for' interference in a protest by NALSAR University of Law students, asserting that students have a right to protest and that the matter was a 'dialogue between students and me'. The BCI had initially ordered that 2026 NALSAR graduates not be enrolled as advocates, an order it later reversed.
UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.
Students at NALSAR University of Law have written to the university administration, opposing the proposal to invite the Chief Justice of India as the chief guest for their convocation. Their objection stems from the CJI-led Supreme Court bench's refusal to urgently list a plea concerning alleged police brutality during a 'Chalo Sansad' protest, which students feel contradicts the university's values.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
Leader of the Opposition in the Karnataka assembly R Ashoka on Sunday announced that the Bharatiya Janata Party and its ally Janata Dal-Secular would lay siege to Vidhana Soudha in Bengaluru on August 24 seeking the removal of planning and statistics minister B Nagendra from the cabinet.
Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.
Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.
Professor Subha Shankar Sarkar has resigned as the head of a five-member committee investigating alleged ABVP vandalism at Jadavpur University, citing his inability to conduct an effective inquiry, prompting the university to seek a new chairperson.
The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
GSTN has put on hold its planned enhancements to the e-way bill system, providing businesses with crucial time to adapt to the proposed changes amid widespread industry concerns.
Bangladesh Cricket Board president Tamim Iqbal has indicated that India's upcoming cricket tour to Bangladesh, scheduled for September, might be postponed again. Discussions are ongoing between the BCB and BCCI, with the BCB president suggesting dates could be shifted due to a conflicting domestic tournament schedule and past strained relations between the boards.
N Chandrasekaran, Chairman of Tata Sons, has announced he will not seek reappointment after his term concludes in February 2027. Addressing employees at a town hall, he urged them to disregard speculation regarding his departure and emphasised the group's continued progress and opportunities for staff. His decision follows a six-month impasse over a proposed extension.
Home Minister Amit Shah has offered to hold a comprehensive debate in Parliament on student protests and other pressing issues, but Congress leader Rahul Gandhi has swiftly rejected the proposal, demanding accountability for actions against students.
FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.
Bengaluru's draft GBA (Parking) Rules, 2026, propose annual residential parking fees ranging from Rs 15,000 to Rs 25,000, depending on vehicle type. The rules aim to regulate on-street parking, requiring permits for residents and setting specific road-space requirements, with violations leading to penalties.
FIFA has announced it will proceed with its consultation process to bring private investment into the World Cup and other tournaments, despite strong opposition and a boycott threat from UEFA. The plan involves creating a $20 billion subsidiary, FIFA Forward Enterprise, to manage commercial and event operations, offering external investors up to 20% stakes.
The All India Football Federation (AIFF) has accelerated India's preparations for the inaugural FIFA U-15 World Cup by appointing Bibiano Fernandes as head coach and Ranjit Bajaj as team manager. The tournament, scheduled for October in Azerbaijan, will feature an 8vs8 format with direct entry for all FIFA member associations. The AIFF also addressed other matters, including the Santosh Trophy format and budget approvals.
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
Mumbai Mayor Ritu Tawde has instructed the Brihanmumbai Municipal Corporation (BMC) to withdraw a controversial Rs 3 crore tender for upgradation works around her official heritage bungalow in Byculla. The tender, issued by the BMC's zoo department, faced strong objections from the opposition, particularly Shiv Sena (UBT), which alleged misuse of public funds. Tawde clarified that the works were for the surrounding area, not the bungalow itself, and cited the tender's mention of the Mayor's bungalow as the reason for its withdrawal.
The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.
