The Indian Institute of Management Ahmedabad (IIMA) has opened applications for the second batch of its two-year Blended MBA Programme in Business Analytics & Artificial Intelligence (BPGP: BA & AI). The programme, offered by the Krishnamurthy Tandon School of AI, aims to develop professionals who can integrate AI technology with management principles, addressing the industry's need for leaders capable of driving transformation and managing complex IT infrastructure, including data centres.
Kanpur police have uncovered a Rs 2.66-crore cyber fraud operation, leading to the arrest of two individuals and the identification of 89 bank accounts nationwide. The investigation began after a bank manager reported alleged fake complaints filed by one of the accused, Akhil Singh Chauhan, who was denied banking facilities. The fraud involved a fake investment scheme that targeted an exporter, with money routed through numerous mule accounts.
A deputy station manager in Kalyan, Thane, has been booked by railway police for allegedly sending inappropriate WhatsApp messages and making improper advances towards a woman colleague. The case was registered under sections of the Bharatiya Nyaya Sanhita.
A 65-year-old man from Bihar has been arrested in Assam in connection with the murder of a sawmill manager in Perinthalmanna, Kerala, nearly 19 years ago. The victim, Balakrishnan, was found dead in December 2007, and the accused, Dilip Rajk, along with another absconding suspect, was believed to have committed the crime after an alleged robbery attempt. The Malappuram Crime Branch traced Rajk after an extensive, multi-state search.
An 85-year-old woman was allegedly cheated of Rs 76.50 lakh by a bank manager and his family on the pretext of investing in shares. The manager, Jay Mukesh Mehta, was arrested after being on the run for six months, while his wife, father, mother, and brother remain absconding. The family reportedly duped others using the same method.
A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
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).
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
Amardip 'Amo' Dhariwal, a 55-year-old Indian-origin former British Airways cabin crew manager, has been convicted of sexually assaulting a female colleague at his home in Berkshire, UK. The conviction followed a nine-day retrial after a previous hung jury. Dhariwal is awaiting sentencing on October 29. Two other women also provided "bad character evidence" regarding alleged assaults outside the UK, though those charges were discontinued due to jurisdiction issues.
India women's bowling coach Avishkar Salvi detailed the team's comprehensive workload management plans for all bowlers, ensuring optimal performance through various phases of training and rest. He also addressed the recent batting collapse against Thailand, acknowledging occasional shortfalls but highlighting the team's resilience and lower-order contributions.
The current Managing Committee of the Goa Cricket Association (GCA) has rejected allegations of a Rs 50 crore accounting mismatch flagged by an audit report, asserting that the discrepancies occurred during the tenure of the previous committee.
Following a fatal pandal stampede, the West Bengal government has deployed nine experienced IPS officers to manage Durga Puja crowds in Kolkata. The Kolkata Police also issued an 11-point advisory, detailing measures like closing pandal entries during rain, regulating visitor movement, and coordinating with puja organisers to ensure safety during the festive rush.
Liverpool manager Andoni Iraola expressed relief at the closure of the transfer window, stating it allows his side to fully concentrate on securing their first Premier League win of the season against Ipswich Town.
Police have arrested Sakthivel, manager of Gem Granites, in connection with the alleged sexual abuse of minors by granite baron R Veeramani. This arrest is part of a widening probe that has seen multiple arrests and the registration of a seventh POCSO case against Veeramani, involving complaints from 11 minor girls.
'The larger lesson for India Inc is that promoter oversight and professional management are not inherently contradictory. The difficulty arises when the boundaries between the two are unclear.'
Former India coach Ravi Shastri has advised the Indian team management to preserve pace spearhead Jasprit Bumrah for Test cricket and use him sparingly in other formats to keep him fresh for the 2027 ODI World Cup.
Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
Active and passive funds offer different advantages across market-cap segments, making a mix of both a sensible portfolio strategy.
Parthiv Patel turned down the opportunity to become the chairman of selectors, citing 'financial issues' related to the remuneration for the role compared to his existing commitments.
The state-run Pakistan Sports Board is only funding a fraction of the country's 248-member Asian Games contingent, with many athletes and officials relying on federations, the POA, or self-financing. The Pakistan Olympic Association secretary, Khalid Mahmood, confirmed that self-funded medal winners would be compensated and highlighted Pakistan's medal hopes across various disciplines.
AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.
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.
Kolkata Police have launched an investigation into the stampede at the Chorbagan Durga Puja pandal that resulted in 19 deaths on Saturday evening. The probe focuses on potential lapses in crowd management, confusion over entry/exit routes, and the impact of heavy rain. Eyewitnesses and locals have pointed to inadequate police presence and poor communication, while the Chief Minister also raised concerns about dimly lit pandals and the actions of private security.
A 25-year-old survivor, Sonu Pal, recounts the tragic stampede at a Durga Puja pandal in Kolkata where his mother died. The incident, which occurred on Saturday evening during a sudden downpour, claimed 19 lives and injured 25 others. Relatives of the victims are demanding accountability from authorities and organisers for the poor crowd management.
A high-level committee, formed after a deadly stampede at a Durga Puja pandal in Kolkata, reviewed safety arrangements at several community puja pandals. The committee announced new measures, including prohibiting food stalls near entry/exit points and eliminating separate VIP entries, to enhance crowd management and safety during the festival.
A rationing inspector in Thane, Vijaykumar Kacheshwar Waghwas, has been convicted in a 2016 bribery case and sentenced to one year rigorous imprisonment and a Rs 5,000 fine. He was found guilty of demanding a Rs 3,000 bribe from a fair price shop manager, with the court ruling he abused his public office for illegal gratification.
Veteran cricketer R Ashwin has expressed his disappointment over Yashasvi Jaiswal's exclusion from India's ODI squad for the New Zealand series, suggesting that the lack of international game time could negatively impact the young opener's confidence and form.
Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Legendary Formula One driver and two-time world champion Mika Hakkinen advocates for the sport's return to India, citing its massive fan base and business opportunities.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
India's visually-impaired judokas snared two medals at the Asian Para Games on Monday with Kokila winning a silver in women's J2 -52kg category and Kapil Parmar clinching a bronze in the men's J1 -70kg division.
India Women secured an unassailable 2-0 lead in the T20I series against Zimbabwe, winning the second match by nine wickets. Opener Shafali Verma scored a rapid 55, while captain Smriti Mandhana remained unbeaten on 47, chasing down Zimbabwe's target of 103 in just 8.5 overs. Indian bowlers had earlier restricted Zimbabwe to a low total.
Following a tragic stampede at the Chorebagan Durga Puja in north Kolkata that killed 19 and injured 24, police have detained 12 people, including event organisers. West Bengal Chief Minister Suvendu Adhikari has promised strict action against those responsible for crowd mismanagement and announced an SIT investigation into the incident.
Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.
