Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Delhi Police have filed a 398-page chargesheet against a sleeper bus driver and conductor for the alleged gangrape of a minor during a journey from Greater Noida to Delhi. Biological evidence was crucial in the case, which also highlighted significant safety lapses on the bus. The Supreme Court has taken suo motu cognisance, drawing parallels to the 2012 Nirbhaya case and questioning systemic law enforcement failures.
The Indian men's chess team, seeded second, is set to face sixth-seeded Holland in the fifth round of the 46th Chess Olympiad after a mixed start. While players like D Gukesh and Nihal Sareen have performed well, top board players R Praggnanandhaa and Arjun Erigaisi are looking to find their form. The Indian women's team, with a perfect score, will play Poland, with B Savitha Shri being a standout performer.
Former Pakistan captain Mohammad Rizwan has been denied permission by the PCB to hold a media conference regarding an ongoing investigation by the National Cyber Crimes Investigation Agency into his alleged involvement with online betting and gambling. Rizwan and teammate Imam-ul-Haq had their phones confiscated and are being questioned.
India's title defence at the Chess Olympiad suffered a setback after a loss to hosts Uzbekistan, leaving them two points behind the leaders.
Wadhwa Group Holdings Ltd, the holding company of real estate developer The Wadhwa Group, has filed preliminary papers with markets regulator Sebi for an Initial Public Offering (IPO) using the confidential route, keeping offer details private for now.
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
Tata Motors Passenger Vehicles (TMPV) Managing Director and CEO Shailesh Chandra stated that the ongoing tussle between Tata Sons and Tata Trusts is 'of no concern' to TMPV, as it is an independently listed company focused on its own strategy.
An Indian sailor was killed and several others rescued during an anti-piracy operation in Somalia. Security forces retook control of the hijacked fuel tanker MT Honour 25, apprehending 16 suspected pirates. Other Indian seafarers from different vessels were also safely repatriated amidst a resurgence of piracy in the region.
Scorecards and answer key will be available for download on the NBEMS website from October 1.
Experienced all-rounder Shadab Khan is expected to take over Pakistan's T20 captaincy from Salman Ali Agha, who faces removal from the shortest format squad. Major changes are anticipated in the Pakistan T20 team ahead of the upcoming series against Sri Lanka, with young players being prioritised and key bowlers like Shaheen Shah Afridi and Haris Rauf potentially rested.
The Indian men's chess team secured a silver medal on a tie-break after drawing with Hungary, while the women's team clinched a bronze medal by drawing with Georgia at the 46th Chess Olympiad.
BCCI secretary Devajit Saikia confirmed that the board will decide on the next chairman of the selection committee after Ajit Agarkar's contract ends on October 4. Agarkar has informed the BCCI he does not wish for an extension. Saikia also expressed hope for the Indian men's team to win gold at the Asian Games, following the women's team's success.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, a role he held for over 50 years, transitioning to chairman emeritus while his son, Howard Buffett, takes over as the new chairman.
The Indian men's chess team, led by world champion D Gukesh, secured a 2.5-1.5 victory over Germany, while the women's team dominated Uzbekistan 3-1 in the ninth round of the 46th Chess Olympiad. Both teams remain in contention for a podium finish, with Gukesh's comeback win being a highlight.
The Commonwealth Chess Association (CCA) has announced a partnership with digital platform Chessveda to significantly expand online chess activities and opportunities for players across Commonwealth nations, leveraging digital platforms for wider participation.
Israeli Prime Minister Benjamin Netanyahu has stated that evidence suggests a flydubai pilot attempted to crash a Tel Aviv-bound flight, but was stopped by an Israeli passenger and a crew member.
Tavengwa Mukuhlani, Chairman of Zimbabwe Cricket, has been appointed as the new Deputy Chairperson of the International Cricket Council (ICC) until November 2027, succeeding Singapore's Imran Khwaja. This significant appointment is expected to bolster African cricket, especially as Zimbabwe prepares to co-host the 2027 ICC Men's Cricket World Cup.
The Ministry of External Affairs has issued a strong advisory warning Indian nationals against joining the Russian armed forces, citing significant mortal dangers. The MEA noted instances of individuals seeking recruitment for monetary benefits, with some even renouncing Indian citizenship. The government is actively engaged with Russia to ensure the safety and early discharge of Indians already serving, having secured the release of 139 nationals previously.
The Supreme Court ruled that a confession statement cannot be the sole basis for detaining an individual under the National Security Act, quashing the preventive detention of Mulla Afroz and imposing a fine on the government for an illegal order.
Led by R Praggnanandhaa on the top board and World champion D Gukesh on the fourth, the Indian men scored an emphatic 3-1 victory over Holland but the Indian eves were shocked by Poland in the fifth round of the 46th chess Olympiad in Samarkand.
The Economic Offences Wing (EOW) of the Crime Branch has filed a chargesheet against four individuals in a 16-year-old fraud case involving Johar Veer Goga (JVG), an unauthorised non-banking finance company in Jammu. The case stems from an investor's complaint in 2010 regarding an unpaid fixed deposit from 1996-97, revealing that JVG operated without proper regulatory registration.
'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'
An Indian captain and Israeli passengers on a Flydubai flight from Dubai to Tel Aviv heroically fought off a co-pilot who allegedly attempted to crash the aircraft, forcing an emergency landing in Saudi Arabia.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'
World champion D Gukesh's live rating has slipped below 2700 after the first two rounds of the 46th Chess Olympiad in Samarkand, Uzbekistan. The Indian men's team, defending champions, had an average start with two unconvincing wins, while the Indian women's team performed better against weaker opposition. Gukesh's rating drop comes ahead of his world title challenge against Javokhir Sindarov in November.
The BCCI has significantly revised the pay structure for umpires and match referees after a decade, introducing new categories and substantially increasing per-day fees. A merit-based promotion and relegation system has also been implemented to ensure high standards in domestic cricket officiating. Additionally, the board addressed its stance on the National Sports Governance Act, updated age-fraud policies, and called for support for physically challenged cricketers.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
Indian-origin chess prodigy Bodhana Sivanandan, aged 11, has been crowned the youngest Woman Grandmaster (WGM) while representing England at the 46th Chess Olympiad in Uzbekistan. This achievement adds to her growing list of records, including being the youngest person to represent England internationally in any sport. She is now one step closer to becoming an International Master.
Nine passengers died in a bus fire on the Yamuna Expressway after the driver and conductor allegedly ignored repeated warnings about a burning smell and refused to stop the vehicle. An FIR has been lodged based on a passenger's complaint, accusing the crew of gross negligence.
The BCCI's member units have authorised office-bearers to make a decision regarding the extension of chief selector Ajit Agarkar's contract, which is set to expire early next month, and to fill vacancies in the junior selection committee.
Indian skipper Shubman Gill sustained an elbow injury during a net session after being hit by a Mohammad Siraj delivery, though he later returned to practice. Meanwhile, veterans Virat Kohli and Rohit Sharma also batted together. Separately, the West Indies cricket board announced a 25% reduction in retainer fees for players as part of a financial restructuring.
India successfully chased down a formidable target of 406 runs against the West Indies in the second ODI, with Shubman Gill and Rohit Sharma's exceptional batting performances leading the team to a historic victory.
The parents of Sahil Wakode, an IIT Bombay student who died by suicide, are continuing their hunger strike for a second day, demanding the arrest of those they hold responsible. They allege caste discrimination and seek justice for their son, with Union Minister Ramdas Athawale assuring support.
West Bengal Chief Minister Suvendu Adhikari announced the withdrawal of all cases against the Kurmi community filed by the previous TMC government. He also pledged to include Kurmali and Rajbanshi languages in the Eighth Schedule of the Constitution and reactivate the Kurmi Development Board, allocating Rs 50 crore for community development.
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
