Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
Amitesh Kumar Jha, CEO of Swiggy's quick commerce platform Instamart, has resigned to pursue other opportunities, with Nandita Sinha, formerly CEO of Myntra, appointed as his successor effective August 3, 2026.
HDFC Bank's board is actively discussing the appointment of its new managing director and chief executive officer (MD & CEO) as incumbent Sashidhar Jagdishan's three-year term concludes in October, with the Governance, Nomination and Remuneration Committee (GNRC) expected to finalise the process soon.
The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to hold crucial meetings to appoint a new general secretary, fill three vacant trustee posts, and deliberate on the appointment of the temple's first Chief Executive Officer (CEO), all while addressing the ongoing donation theft controversy and the Supreme Court's call for a fair investigation.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has invited applications for the first Chief Executive Officer (CEO) of the Ram temple in Ayodhya. This new position aims to strengthen administrative and financial management following alleged embezzlement concerns. The CEO will be appointed for a three-year term, overseeing various aspects from finance to pilgrim facilities, and must be an actively practising Hindu with specific managerial experience.
Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.
Russia's Federal Security Service (FSB) has charged Telegram co-founder Pavel Durov with facilitating terrorist activities and initiated procedures to place him on the international wanted list, according to Russian state-run news agency TASS.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
Cricket South Africa CEO Pholetsi Moseki expressed excitement as the brand identity and 12 host venues for the 2027 ODI Cricket World Cup were unveiled, marking the tournament's return to Africa after 24 years with a new three-stage format.
The Shri Ram Janmabhoomi Teerth Kshetra Trust on Wednesday deferred the selection of its first chief executive officer (CEO) by a month after receiving 5,200 applications for the post and decided to appoint a secretary in the interim to meet growing administrative requirements.
The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to convene in Ayodhya to discuss the preliminary report of the SIT investigating the Ram Temple donation theft. The agenda includes reviewing the resignations of general secretary Champat Rai and trustee Anil Mishra, considering the appointment of a CEO, and approving financial statements. The meeting comes amidst ongoing police and SIT investigations, with eight arrests made in connection with the theft.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Procter & Gamble has announced the appointment of its India-born President and CEO, Shailesh Jejurikar, as the Chairman, effective August 1, 2026. He will succeed Jon Moeller, who is set to retire. Jejurikar, an IIM Lucknow alumnus, has been with P&G since 1989 and has held various senior leadership roles.
Mahima Makwana may have won hearts as the sweet and lovable Preeti in Musafir Cafe, but one scroll through her Instagram proves she's just as captivating off screen.
Indigenous smartphone brand Ai+ has announced a Rs 100 crore bug bounty program over five years, inviting independent researchers to identify and address security vulnerabilities. This initiative, named Project Trust+, aims to foster a collaborative environment with the tech community to enhance the safety and resilience of Ai+ products, reflecting the company's commitment to transparent and collaborative security development.
Cricket South Africa has revised the India women's team tour schedule to include three T20Is, a Test, and three ODIs, extending the tour until December 30.
Perplexity CEO Aravind Srinivas unveiled the company's vision for AI operating systems at COMPUTEX 2026, highlighting Perplexity Computer's ability to coordinate multiple AI models and balance performance with privacy and cost. He emphasised the growing trend of hybrid AI, combining local device processing with data centre capabilities, and acknowledged Intel's partnership.
The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.
Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.
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.
The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.
Meta Platforms CEO Mark Zuckerberg has issued an apology for the temporary removal of Prime Minister Narendra Modi's Facebook post, while company executives acknowledged significant content moderation failures, including issues with child sexual abuse material, deepfakes, and the paid boosting of certain content.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
United States coach Mauricio Pochettino has agreed to extend his contract, leading the men's national team through the 2030 World Cup, following their last-16 finish at this year's finals.
Nvidia CEO Jensen Huang has publicly endorsed Marvell Technology as a potential 'trillion-dollar company,' citing its crucial role in developing advanced connectivity solutions for next-generation artificial intelligence infrastructure. This endorsement, made at Computex 2026, follows a significant Nvidia investment in Marvell and highlights the industry's shift towards optical interconnects to meet the demands of large-scale AI systems.
Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.
Hyundai Motor India Ltd reported a 35 per cent decline in consolidated profit after tax to Rs 888.62 crore in the first quarter ended June 30, impacted by lower revenue and higher expenses, with MD & CEO Tarun Garg noting it was a "challenging quarter".
Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.
The CEO said Saharashree was like a father to them. On his own wedding day, he touched Saharashree's feet before his parents'.
The AM Green Indian Golf Premier League (IGPL) and the Asian Tour have reaffirmed their partnership, aiming to expand playing opportunities and player development for Indian golfers on the international circuit, following successful tournaments in Morocco.
SpaceX and Tesla are jointly investing USD 16.8 billion to construct 'Terafab', an advanced AI semiconductor complex in Grimes County, Texas. This massive facility aims to address the global chip supply shortage, create thousands of jobs, and produce AI chips for Elon Musk's various ventures, including Tesla's robots and SpaceX's orbital data centres. The project is supported by a USD 30 million grant from the Texas government.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
Olympic medallist Neeraj Chopra has become a co-owner of the UBS Athletics Kids Cup, a grassroots initiative promoting sports among children. Having served as an ambassador, Chopra's new role aims to expand the programme's reach to one million children across India, fostering confidence, discipline, and a stronger sporting culture from the ground up.
Alphabet has announced a significant leadership reshuffle within its artificial intelligence division, appointing Google DeepMind co-founder Demis Hassabis as Chief Scientist to intensify its focus on artificial general intelligence (AGI). Koray Kavukcuoglu will become Senior Vice President of Google DeepMind, overseeing Gemini development and frontier AI research. Additionally, Google veterans Jeff Dean and Sanjay Ghemawat are launching a new public benefit corporation for ML and science discoveries, supported by Google.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
