Anup Saha, currently a Wholetime Director at Kotak Mahindra Bank, has been appointed as the new Managing Director and Chief Executive Officer for a three-year term, effective January 1, 2027, with the Reserve Bank of India's approval.
The Indian women's recurve archery team, featuring Haryana's Kirti Sharma, secured a historic gold medal at the Asian Games by defeating South Korea. Haryana Chief Minister Nayab Singh Saini lauded their achievement, while Kirti's family in Jind expressed immense pride, sharing their struggles and hopes for an Olympic gold.
An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.
A Delhi court has acquitted a woman accused of abetting her husband's suicide in 2015, ruling that criminal liability under IPC Section 306 cannot be based solely on ordinary matrimonial discord. The court found no evidence that the wife instigated or intentionally aided her husband to take his life, despite allegations of quarrels and "mental torture."
Arsenal manager Mikel Arteta has signed a new contract, extending his tenure until 2030. The deal, reportedly worth 20 million annually, solidifies his position as the longest-serving coach in England's top flight. Arteta led Arsenal to a Premier League title last season and a Champions League final, with the club aiming for sustained success amidst rival Manchester City's financial sanctions.
The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.
Manchester City silenced hostile Anfield with a 3-0 win over 10-man Liverpool, as Erling Haaland, Jeremy Doku and Rayan Cherki scored to extend their perfect league start.
Automobile dealers in India are reporting healthy bookings ahead of Navratri and Dussehra, with the Federation of Automobile Dealers Associations (Fada) indicating strong confidence in a pickup in deliveries from mid-October, despite a high base from last year's GST-led surge.
The Sports Authority of India (SAI) and Indian Oil Corporation have signed an MoU for Rs 40 crore over two years to bolster boxing in India. This partnership, leveraging CSR funds and SAI's expertise, aims to enhance talent identification, athlete development, coaching, and international exposure for boxers, aligning with the revamped Khelo India Scheme.
West Indies head coach Daren Sammy acknowledged the financial challenges leading to player pay cuts, stating it's "not what you want to hear before a series." He also highlighted the team's need for greater bowling discipline, especially after failing to defend a 405-run target against India, and reflected on missed opportunities to score higher in the second ODI.
A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.
HDFC Bank reported a 5.55 per cent increase in consolidated net profit to Rs 20,700 crore for the September quarter, with incoming MD and CEO Anup Bagchi indicating a focus on strengthening the balance sheet and addressing retail vertical concerns post-merger.
New Zealand Cricket (NZC) has defended its decision to launch a domestic T20 competition, NZ20, over joining Australia's Big Bash League, stating it considered a range of expert opinions beyond a single Deloitte report.
"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
Indian para-shooters staged a protest during the send-off ceremony for the Aichi-Nagoya Asian Para Games contingent, alleging widespread corruption, manipulation, and financial extortion in the selection process.
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.
India faces a challenging Asian Para Games in Aichi-Nagoya with a significantly smaller contingent of 168 athletes, down from 303. While aiming to build on its record 111-medal haul from the last Games, selection disputes in para-shooting and para-cycling, coupled with reduced athlete numbers in key disciplines like para-athletics, pose hurdles. Despite these challenges, star athletes across para-athletics, archery, para-badminton, shooting, and table tennis are expected to lead India's medal charge.
Anup Bagchi, the incoming MD & CEO of HDFC Bank, is set to become India's highest-paid bank CEO with a proposed target annual compensation package of approximately 35.9 crore, including a significant variable pay component and a one-time joining bonus.
Fraser Stewart, Head of Cricket at MCC, expressed concern over cricketers retiring early from Tests for franchise T20 leagues but acknowledged players' desire for higher earnings with less play. He also welcomed the ICC's decision to trial pink balls in day-time Tests to mitigate fading light issues and boost spectator interest.
Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.
The Indian Army has launched 'Bharat Rice', a superior-quality rice for defence forces, aimed at improving ration quality and logistics. This initiative, spearheaded by the Directorate General of Supplies and Transport, involves direct supply to Army Supply Depots, including remote areas, and an MoU with FCI for infrastructure utilisation during contingencies. Defence Minister Rajnath Singh highlighted its significance for soldier welfare, operational readiness, and national security, emphasising logistics as combat power.
A special MPID court in Mumbai has framed charges against developer Vijay Machhindar, his wife, and their company Ornate Spaces Pvt Ltd for allegedly cheating homebuyers and investors of Rs 28 crore. The charges relate to failing to deliver flats in an Oshiwara residential project and not returning the invested money, leading to a trial under IPC, MPID, and MOFA provisions.
Imran Ahmed Khan, who studied at the Government College of Engineering, Amravati (2002 batch) and is currently employed with Aramco, had this advice to share with today's students.
We joke about our spouses all the time. Nobody jokes about the day the joking partner is gone, and the whole house turns very quiet, observes Binu Alex.
Bengaluru FC coach Pep Munoz expressed relief and excitement for the delayed ISL season start, anticipating a tough opening match against SC Delhi on Saturday. Despite a truncated previous season, Munoz is confident in his team's preparations and aims for a strong performance. He also shared his personal preference for the traditional home and away format over the returning playoff system.
Actor Nana Patekar, who passed away at 75, is remembered not just for his powerful acting but also for his deep passion for sports, including cricket and competitive shooting.
India's retail inflation surged to 5.54 per cent in September, primarily due to a significant increase in onion and other food prices, remaining just within the Reserve Bank of India's tolerance band. This marks the highest inflation since the new series with base year 2024 took effect in January.
The goal is to ensure that your bank works for you, providing liquidity and convenience without charging you for the privilege of holding your own money.
Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.
The Chhattisgarh government has blacklisted Oriental Insurance Company Limited (OICL) for three years on Wednesday. This action follows OICL's rejection of an insurance claim for a government helicopter that crashed in May 2022, killing two pilots. The claim was rejected in August this year after being pending for more than four years, leading the state to pursue administrative and legal remedies.
Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
For generations, women in Bishkhor, Uttar Pradesh, have lived with stigma and limited choices. Designer Anurag Gupta hopes to help change that narrative, one livelihood at a time.
Samsung India Electronics reported a 36 per cent decline in profit to 7,228.10 crore for the financial year ended March 31, 2026, even as its revenue from operations saw a slight increase of 1.2 per cent to 1.12 lakh crore.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
Delhi Police have arrested 11 individuals involved in multiple "digital-arrest" scams, recovering over Rs 12 crore. The scams, linked to handlers in Southeast Asia, have affected 78 complainants nationwide, totaling Rs 73 crore. A retired scientist was defrauded of Rs 1.25 crore, with the entire amount frozen. The investigation uncovered a network arranging mule bank accounts and using cryptocurrency for commissions.
