IndiGo CEO Willie Walsh announced that the airline expects to begin receiving wide-body A350 aircraft from the second quarter of 2028, featuring a three-class configuration, as the airline sees significant opportunities in the long-haul market despite industry challenges like rising fuel costs.
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint its first full-time CEO from a shortlist of three candidates, chosen from over 5,500 applicants. The Trust is also discussing filling three vacant trustee posts, amending the Trust deed, and addressing administrative matters, including financial affairs and security coordination, following a recent controversy over alleged temple donation embezzlement.
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
Lohum's subsidiary Vidyuta has secured government approval under the Electronics Component Manufacturing Scheme (ECMS) for a 20 KTPA cathode active material manufacturing facility, involving a Rs 500 crore investment. This initiative aims to boost domestic production of critical lithium-ion battery components, reducing import reliance and strengthening India's electronics manufacturing ecosystem.
Usman Khawaja has cancelled book promotion events following an interview where he refused to confirm if Australia's bowlers knew about the 2018 ball-tampering plot, reigniting pressure on Cricket Australia to reopen the 'Sandpapergate' investigation.
Air India group CEO Tewolde Gebremariam announced plans to order more wide-body aircraft to boost international operations, while simultaneously addressing the 'major concern' of high operating costs. The airline aims for profitability 'very soon' despite significant financial losses in recent fiscal years.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.
The Ladakh administration has ordered the Himalayan Institute of Alternatives (HIAL), founded by innovator Sonam Wangchuk, to cease activities at its Desert Flower School. This directive, issued on November 1, cites the lack of requisite approvals and a pending high court case concerning HIAL. The administration has advised maintaining the status quo until a final decision is reached.
Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.
Mahindra & Mahindra Ltd reported a 25 per cent increase in consolidated profit after tax (PAT) for the second quarter, reaching Rs 4,587.88 crore, primarily driven by strong revenue growth in its auto segment despite global commodity price pressures.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
India's auto sector has reported robust vehicle deliveries during Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai India experiencing significant growth across two-wheeler, passenger vehicle, and commercial vehicle segments. This strong momentum is expected to continue through Diwali, driven by positive market sentiment and high demand, even in the pre-owned car market.
Tata Motors and Italy's Iveco have announced their combined enterprise will become the world's fourth-largest commercial vehicle manufacturer, boasting a revenue of Rs 2.28 lakh crore (Euro 21 billion) following Tata Motors' acquisition of an 89.42 per cent stake in Iveco.
Indian stock market benchmark indices Sensex and Nifty closed higher for the second consecutive day, driven by robust foreign fund inflows, better-than-expected Q2 corporate earnings, and a sustained moderation in crude oil prices.
OpenAI CEO Sam Altman has stressed the critical importance of understanding and mitigating AI-related security threats, even over productivity gains. He highlighted how AI systems are uncovering numerous software vulnerabilities, necessitating new methods for detection and repair. Altman's remarks follow recent incidents where AI agents exposed serious flaws in widely used programming languages and even breached isolated test environments.
Biocon Ltd reported a 57.3 per cent decline in consolidated net profit to Rs 56.7 crore for the September quarter of FY27, primarily due to a USD 20 million revenue recognition delay caused by geopolitical troubles, which is now expected to be booked in the third quarter.
IndiGo, India's largest airline, reported a narrowed loss of Rs 1,879.1 crore in the September quarter, down from Rs 2,582.1 crore a year ago, primarily due to exceptionally high fuel costs and rupee depreciation.
Seven of the top 10 best-performing Indian smallcap stocks over the past year, linked to the US data centre boom and AI infrastructure, are now facing a valuation test as enthusiasm for AI investment shows signs of cooling on Wall Street. Analysts warn that the rally in these Indian counterparts may have left valuations increasingly stretched, with any pullback in US capital expenditure potentially weighing on their share prices.
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint the first Chief Executive Officer (CEO) for the Ram temple in Ayodhya. A selection committee is expected to submit three shortlisted names on Wednesday, following an extensive search process that reviewed approximately 5,500 applications. This move comes after the Trust acknowledged that donation theft had harmed its image, aiming to ensure superior management and restore devotee faith.
Anup Bagchi has officially taken over as the managing director and chief executive of HDFC Bank, becoming the first outsider to lead the institution in its three-decade history. He steps into the role facing significant challenges related to core income growth and margins, and will focus on completing the merger with HDFC and engaging with stakeholders.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
Cognizant has announced the formation of the 'Claude Frontier Capability Group', comprising over 25,000 professionals dedicated to implementing Anthropic's Claude AI for clients. This initiative, coupled with a new managed services model, aims to help enterprises integrate AI from pilot to production, addressing the challenge of delivering business value from frontier AI capabilities.
Indian jewellers reported robust demand for gold and silver on Dhanteras, with gold sales by value estimated to increase by 15-20 per cent to approximately Rs 60,000 crore, driven by a recent drop in prices. However, volumes are expected to remain flat compared to last year due to overall higher price levels.
Indian stock market benchmark indices Sensex and Nifty rallied significantly in early trade, driven by robust foreign fund inflows, better-than-expected Q2 results, and a sustained moderation in crude oil prices. The 30-share BSE Sensex jumped 1,097.33 points, while the 50-share NSE Nifty rallied 274.30 points. Track Sensex, Nifty on November 11.
Hindustan Unilever (HUL) has increased the maximum retail prices of its popular detergent brands Surf Excel, Rin, and Wheel by up to 11%, along with other home care products and Moti Gulab soap, to counter rising input costs and protect profit margins.
The Indian Football League (IFL) 2026-27 season has secured broadcast and streaming partnerships with Zee Entertainment Enterprises (ZEEL) and DD Sports, ensuring wide accessibility across television and digital platforms. All matches will be telecast on DD Sports and streamed on Z5, WAVES, and Unite8 Sports' YouTube channel.
Young investors with long horizons and small investment amounts stand to benefit most from choosing direct plans.
A group of US lawmakers, led by Grace Meng, has reintroduced the Diwali Day Act in the House of Representatives to recognise Diwali as a federal holiday. The bill aims to acknowledge the cultural significance of Diwali for Hindus, Sikhs, Jains, Buddhists, and various South Asian communities, especially amidst rising anti-Hindu and anti-South Asian hate. If passed, Diwali would become the 12th federally recognised holiday in the United States.
Indian stock market benchmark indices Sensex and Nifty experienced a decline in early trade, primarily due to selling pressure in blue-chip IT firms and profit-taking following a recent sharp rally in equities. Track Sensex, Nifty on November 9.
The Election Commission has suspended two electoral registration officers (EROs) in Pilibhit, Uttar Pradesh, for alleged irregularities in the electoral roll. The EC also directed the addition of a penal provision to an existing FIR against them and a computer operator. This action follows complaints from opposition parties about large-scale manipulation and an inquiry revealing misuse of login IDs for voter detail changes without proper documentation.
India has launched three indigenous AI foundation models, EKA-1, Dhir 2B, and Dhir 5B, under the IndiaAI Mission. Developed by Soket Labs Technology and Research and ZenteiQ AiTech Innovations, these models aim to enhance India's technological and strategic autonomy in artificial intelligence, offering solutions for various sectors including banking, cybersecurity, defence, and government services, with a focus on Indian languages and offline capabilities.
Karnataka's final electoral roll, published on Tuesday, shows a significant reduction of nearly one crore voters following the Special Intensive Revision (SIR) process, bringing the total count to 4.55 crore from 5.54 crore.
Cricket Australia boss Todd Greenberg has dismissed calls for a new investigation into the 2018 'Sandpapergate' scandal, despite recent claims from Usman Khawaja and David Warner that knowledge of the ball-tampering plot was widespread. Greenberg stated that while Khawaja's autobiography contradicts previous accounts, CA remains comfortable with its original investigation's findings and sees no reason to reopen the case.
India is ranked as a "Rising Contender" in AI by Boston Consulting Group (BCG), indicating high readiness but lower disruption exposure. The report highlights India's strength in its large pool of AI specialists and IT-services workforce. While not yet an "AI Pioneer," India is leveraging its talent advantage, with government initiatives like Yuva AI for ALL and IndiaAI FuturesSkills aiming to upskill citizens and broaden access to AI education. The report emphasizes that execution and talent deployment are crucial for economies to gain ground in AI.
Chennai Super Kings will not have a batting coach for IPL 2027, following an overhaul of their coaching staff after recent disappointing results.
Former US President Donald Trump revealed he considered renaming the Atlantic Ocean but was dissuaded by Google CEO Sundar Pichai, who warned of international repercussions. Trump also mentioned renaming Lake Ontario to "Lake of America" and toyed with renaming rivers, while recently advocating for New Mexico to be renamed.
Mumbai is set to host two significant professional golf tournaments, including the inaugural Shri Shashi Ruia Memorial Golf Championship from January 12 to 15, 2027, at Willingdon Sports Club. This new event, with a Rs 2 crore prize purse, is part of a five-year partnership between the DP World PGTI and Essar Foundation, honouring late Essar co-founder Shashi Ruia. It will be preceded by the Rs 1 crore CIDCO Open in December 2026, collectively offering a Rs 3 crore prize purse and boosting opportunities for Indian golf professionals.
Experts cautioned that this headcount increase does not necessarily indicate a return of steady demand, which has evaded them over the last few years.
