Despite recent foreign portfolio outflows, India's long-term investment prospects remain strong, but the return of capital hinges on global financial conditions, relative valuations, and the country's ability to attract sustained foreign investment, according to foreign bankers at the Business Standard BFSI Insight Summit.
Nvidia's board has initiated an independent investigation into reports that CEO Jensen Huang was targeted by a Chinese intelligence operation involving a businesswoman with whom he allegedly had a romantic relationship. This comes as former US President Donald Trump defended Huang as an "honourable guy" and China dismissed the allegations as a smear campaign.
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
Analysts predict that the US midterm election results, which saw Democrats gain control of Congress, will primarily influence Indian markets through changes in global financial conditions, trade policy expectations, and geopolitical developments, with a keen focus on the US administration's actions in West Asia and their potential impact on crude oil prices.
Cognizant and Google Cloud have announced an expanded partnership to accelerate the adoption of agentic AI, forming a new 'Gemini Frontier Capability Group'. This initiative combines Google's AI platform with Cognizant's expertise to help enterprises deploy resilient, production-grade AI agents and drive business value. The group will focus on areas like legacy modernisation and cyber defence, with Cognizant also scaling Gemini internally.
With heavy automation, human engineers are expected to supervise and verify the work of the machines rather than doing those on their own.
More important than the offer is whether the developer can deliver the home as promised.
Noel N. Tata will retire as chairman and director of Trent Ltd on November 11, after nearly three decades with the Tata Group retailer. Bahram Vakil has been appointed as his successor, effective November 12, in a leadership transition aligning with Tata Group Governance Guidelines.
Kapil Dev, president of DP World PGTI, advocates for golf to shed its 'elite' image, highlighting its potential for career opportunities and relationship building. Speaking at the announcement of the 27th BT Golf season, he emphasised how corporate support and media partnerships, like that between Business Today and DP World PGTI, are crucial for increasing the sport's visibility and integrating it with corporate India. Other speakers, including PGTI chief Amandeep Johl and golfer Saptak Talwar, echoed the importance of such collaborations for the growth of golf as a sport and a business networking tool.
Oracle co-founder Larry Ellison asserts that artificial intelligence will not destroy the traditional software industry but rather enable the creation of complete, ready-to-use applications tailored for entire industries. Speaking at Oracle AI World, Ellison dismissed fears of a "SaaS apocalypse," arguing that AI will make software much better, requiring no user training and simplifying installations. He cited Oracle Health as a prime example of an AI-driven, industry-specific solution, and also discussed AI's potential in drug discovery and its broader societal impact on jobs and taxation.
India-born urban planner Nithya Raman, who made history by unseating incumbent Karen Bass in the Los Angeles mayoral election, developed her political philosophy through grassroots activism in Chennai. From 2010 to 2013, she led Transparent Chennai, mapping public sanitation, advocating for waste pickers, and opposing slum evictions, using data-driven approaches that later informed her successful mayoral campaign focused on housing affordability and homelessness. She is set to take office on December 14, 2026, as the first Indian-American and South Asian mayor of Los Angeles.
India's premier education leadership conference, EGN ConnectX India 2026, will be held in Mumbai from November 3. The event will bring together school and university leaders, policymakers, and edtech innovators to discuss the integration of AI in classrooms, future-ready curricula, and skilling initiatives. The conference aims to provide actionable solutions for implementing AI in education, addressing challenges faced by educators.
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.
Ashok Thombre, international business advisor at The Quantico, shortlists some of the most popular government competitive exams in India that attract thousands of aspirants every year.
Microsoft has announced a voluntary exit programme for eligible employees in India, the US, the UK, and Canada, providing financial support and career planning resources to those who choose to leave the company. The offer, available to employees at level 70 and below in participating teams, aims to offer flexibility and allow businesses to adjust their workforce.
Morgan Stanley has upgraded One 97 Communications Ltd (Paytm) to Overweight, significantly raising its price target to Rs 1,950. This upgrade is driven by expectations of stronger execution in payments and financial services, leading to faster growth and improved profitability. The brokerage anticipates substantial revenue and EBITDA growth, further bolstered by potential changes to the UPI merchant discount rate framework.
The Union finance ministry has constituted a high-level committee, chaired by former Central Vigilance Commissioner Suresh N Patel, to recommend structural, regulatory, and legislative reforms for India's banking sector, aiming to make banks globally competitive and support the financing needs of a developed economy.
'The close collaboration between Pakistan and China, and the assistance Pakistan receives, is a factor in our planning, and the IAF is building its capacity to counter precisely such collusive threats.'
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
Delhi Police has announced elaborate security and traffic arrangements for the INDIA bloc rally at Ramlila Maidan on Sunday. Over 4,000 police personnel, along with CAPF companies, will be deployed, with the venue divided into 14 zones and monitored by over 200 CCTV cameras and drones. Traffic diversions are planned, and organisers have been instructed on crowd management and conduct, while local traders express concerns about business disruption.
Bristlecone, a Mahindra Group company, reported a 24% year-on-year topline growth and aims for a billion-dollar valuation. The AI-powered supply chain services provider is expanding its offerings to include data analytics, AI, and product engineering, focusing on making supply chains more resilient for its global clients across high-tech, retail, manufacturing, and life sciences segments.
Microsoft has launched a voluntary exit programme for eligible employees in India, the US, the UK, and Canada. The initiative offers financial support and career planning resources, with eligible employees in India having until December 1 to decide. The package includes severance benefits and health insurance, aiming to provide flexibility for employees and allow the company to adjust its workforce. This comes as Microsoft continues significant investments in India's AI ecosystem.
India is proposing the Data Empowerment and Protection Architecture (DEPA) for AI Training, a national framework designed to enable startups, researchers, and companies to train AI models using data from hospitals, banks, and public agencies while ensuring privacy and security. This initiative aims to unlock significant AI-driven value for India's GDP by 2030.
Experts suggest that a significant setback for US President Donald Trump in the midterm elections could compel him to pursue a swift trade agreement with India, as he seeks a quick foreign policy win amidst challenges with Russia, China, and Iran.
Indian digital certification authority eMudhra has reported a compromise of private keys for some of its global TLS and code-signing certificates, according to Cert-In. This incident, while eMudhra states it has limited impact on its Indian operations, could allow cybercriminals to impersonate websites. Separately, SBI has disclosed a suspected exposure of nearly 4,000 customer records on the dark web.
A little more messiness, a little more honesty and a little less insistence on being heartwarming could have made Diwali Diwali a far more affecting film, notes Mayur Sanap.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
N Chandrasekaran and Noel Tata are expected to attend the Tata Steel board meeting on November 7 to approve Q2 results and the Tata Sons board meeting in the second half of November.
6 out of 10 flyers had experienced higher baggage weights at airport check-in than at home.
Indian airlines are increasingly focusing on developing in-house maintenance, repair, and overhaul (MRO) capabilities to support their rapidly expanding fleets and reduce reliance on overseas facilities. This strategic shift is driven by market growth projections, with India's MRO market expected to triple to USD 9.5 billion by 2035, and recent geopolitical challenges highlighting the need for domestic capacity.
The judges questioned the government's position on arbitration, underscoring the contradiction between its resistance to enforcement and its efforts to promote India as an arbitration-friendly jurisdiction.
The article explores the growing fascination with American football among Indian Americans, from first to third generations. It highlights how immigrants, initially unfamiliar with the sport, are embracing its strategic depth and social aspects, drawing parallels to cricket's popularity in India. The piece features personal anecdotes, explains the sport's structure, and touches upon its cultural significance and economic scale.
'90% of the returns of people who actually make money over a period of time comes from what is called temperament.'
One 97 Communications Ltd, operating Paytm, reported a significant 10-fold increase in profit after tax to Rs 225 crore in Q2 FY27, marking its sixth consecutive profitable quarter. The company also saw a 28% rise in operating revenue to Rs 2,648 crore, driven by strong performance in merchant and consumer businesses, expanded monetisation, and AI adoption. Paytm's EBITDA margin reached double digits for the first time, reflecting enhanced operating profitability.
Mahindra Group's Bristlecone, a supply chain services provider, has reported a 24 per cent year-on-year topline growth and aims for a billion-dollar valuation. The company is expanding its offerings in AI, data analytics, and product engineering, focusing on resilient supply chains for global enterprises.
The Delhi Police have designated three new venues for protests - Burari Ground, CBD Ground, and Ramlila Ground - after denotifying Jantar Mantar. These sites vary in size and location, with concerns raised about the impact of protests on commercial and residential areas near CBD Ground, while Burari Ground is the largest. Ramlila Maidan has a rich political history.
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.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.
Lockheed Martin aims to significantly expand its manufacturing capabilities in India, particularly through its partnership with Tata Advanced Systems Limited, if it secures the bid to supply 60 medium transport aircraft to the Indian armed forces. The proposal includes local production of 48 aircraft and an upgrade for the existing IAF C-130J fleet.
