GE Aerospace is set to significantly increase its supply chain spending in India, targeting USD 400 million by 2030, up from USD 200 million in 2025. This expansion reflects the company's commitment to India's burgeoning aviation market, driven by substantial aircraft orders and the strategic importance of its manufacturing and technology centres in Pune and Bengaluru.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 44,166 crore from Indian equities in October, pushing the total outflows for the year past Rs 3 lakh crore, driven by elevated crude oil prices, a stronger US dollar, higher US bond yields, and the allure of AI-led rallies in North Asian markets.
The Sports Ministry conducted a review of India's Asian Games performance, scrutinising the lower-than-expected medal haul in athletics and badminton. Chaired by Sports Minister Mansukh Mandaviya, the meeting addressed issues like injured athletes and future planning for the 2028 Los Angeles Olympics, with a strong emphasis on federations delivering results and nurturing young talent.
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.
The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.
Formula One will return to Africa after 33 years, with Rwanda securing a 10-year deal to host a Grand Prix from the early 2030s, promising tourism, investment and jobs.
The International Cricket Council (ICC) is actively pursuing a strategy to expand cricket in China, leveraging the sport's recent inclusion in the Olympics. Plans include establishing a Centre of Excellence, supporting a Tier 2 event, and promoting women's cricket, with significant investment and collaboration with the Chinese Cricket Association to embed the sport deeper into the country's sporting system.
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.
Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.
Life Insurance Corporation of India (LIC) is facing a thinning of its top management as Managing Director Dinesh Pant exits to join Irdai, leaving one of four MD posts vacant. This comes amidst broader staffing challenges across several public sector insurers and a headless Financial Services Institutions Bureau (FSIB).
Adani Enterprises and US-based Jabil have signed a non-binding agreement to establish a 50:50 joint venture in India. This JV will manufacture artificial intelligence and data centre equipment, including AI racks, servers, storage, networking gear, and cooling systems, targeting both Indian and global markets. The collaboration aims to capitalise on India's accelerating data centre demand and the surging global investment in AI compute infrastructure.
Legendary cricketer Kapil Dev has expressed his support for the Indian golf contingent heading to the Asian Games in Japan, encouraging them to play fearlessly and draw inspiration from representing the nation. He highlighted the talent and experience of the six-member team and urged them to compete with confidence and pride.
IBM India and South Asia MD Sandip Patel stated that India is at a defining moment with a unique opportunity to shape exponential technologies like artificial intelligence, emphasizing that "when India builds, it builds for billions," leading to scalable impact. Speaking at the IBM Think 2026 event, Patel highlighted that the AI revolution is still in its early stages, requiring enterprises to redesign their operations around agents, real-time data, automation, hybrid architecture, and trust. He also introduced the concept of "digital swaraj" or sovereignty in the Indian context, stressing the importance of control over operating environments, data, technology, and AI execution. IBM also announced an MoU with MeitY Startup Hub to accelerate India's deep tech innovation and startup ecosystem, providing startups access to IBM's technology expertise and platforms like watsonx and Sovereign Core.
The Election Commission of India has addressed reports of internal dissent among its commissioners and clarified that all Special Intensive Revision (SIR) orders and Form 6 updates for voter enrolment received unanimous consent and were upheld by the Supreme Court. The EC also announced measures to ease the process for voters issued notices, including doorstep document collection and extended deadlines in Delhi and Maharashtra, while affirming its commitment to transparent decision-making and meticulous compliance with directives.
Arsenal manager Mikel Arteta has signed a new contract until June 2030, extending his tenure after guiding the club to their first Premier League title in 22 years and restoring their status as a top European team.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
Hical Technologies and Safran Aerosystems have signed a Memorandum of Understanding to explore a joint venture for manufacturing complex systems, including fluid and fuel systems, for the Dassault Rafale program in India. This partnership aims to bolster the Make in India initiative, leveraging Hical's expanding manufacturing capabilities and Safran's technology leadership to produce critical aerospace components domestically and for global markets.
Former RBI Governor Bimal Jalan, ex-IAF Chief NAK Browne, and other prominent figures in Delhi have received notices regarding discrepancies in their voter details during the ongoing Special Summary Revision (SIR) of the electoral rolls. Over 33 lakh electors have been identified for such notices, with a deadline of September 30 for responses.
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.
The Delhi poll body has issued notices to several prominent voters, including Chief Minister Rekha Gupta and AAP supremo Arvind Kejriwal, for discrepancies in their enumeration forms during the ongoing Special Intensive Revision (SIR) exercise. While Gupta's entry has been validated, millions of other voters, including other political figures, have received notices for issues like age-related mismatches or being unmapped with previous SIR records, requiring them to submit documents by October 29.
Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
Seven para-cyclists, recommended by the national federation for the Asian Para Games, were largely omitted by the Sports Ministry, with only one receiving approval. The excluded athletes are planning a protest, alleging discrimination, while the Sports Authority of India (SAI) maintains selections were based strictly on performance criteria.
Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.
Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
The Indian Super League (ISL) has announced a partnership with JSW MG Motor India, making the British automotive brand the title sponsor for the 2026-27 season. This marks the return of a title sponsor to India's premier football league after three seasons, with the league to be known as the MG Indian Super League.
The Supreme Court has refused to quash proceedings under the Prevention of Corruption Act against former NSE MD and CEO Chitra Ramkrishna, stating that the trial court will determine whether she can be considered a 'public servant' under the Act.
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.
Indian benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by softer-than-expected US jobs data which reduced expectations of aggressive monetary tightening by the US Federal Reserve, boosting risk appetite across emerging markets.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, driven by a moderation in crude oil prices, despite persistent selling by Foreign Institutional Investors (FIIs) and mixed global market cues.
Punjab & Sind Bank MD and CEO Swarup Kumar Saha clarified that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers for UPI payments, ensuring consumers only pay the displayed price. The new MDR structure, effective October 15, applies a 0.4% charge on P2M transactions above Rs 2,000, with specific flat rates for certain sectors, but small-value transactions remain free.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.
The Election Commission of India has announced decisions addressing concerns raised by two election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, over the past 10 months. These issues included changes to voter registration forms, access to the electoral roll database, the handling of Goa's 97 voters, communications issued without full commission approval, oversight of the IT division, and appeals against voter restoration. The EC has provided responses and outlined steps to resolve these internal disputes and improve transparency and compliance.
Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.
Indian benchmark indices Sensex and Nifty rebounded in early trade after two days of losses, driven by easing crude oil prices and strong buying in blue-chip IT stocks, despite continued global uncertainties. Track Sensex, Nifty on September 30.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
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 Election Commission has launched a special drive to include eligible citizens who were omitted or deleted during the recent Special Investigative Review (SIR) exercise, as well as to register new and young voters. This initiative follows accusations from opposition parties regarding disenfranchisement and aims to ensure no eligible citizen is left out of the electoral process.
