US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
Luxury car buyers in India are spending lakhs -- and sometimes crores -- to make their cars truly their own, turning personalisation into a growing business opportunity for automakers.
L&T Technology Services (LTTS) has inaugurated an NVIDIA-powered Engineering Intelligence (EI) lab in Bengaluru, designed to showcase AI-native manufacturing, digital twins, and autonomous systems. The facility offers clients a comprehensive view of the manufacturing journey, from virtual validation to autonomous operations, and plans to expand to the US.
Indian benchmark indices Sensex and Nifty extended their rally for a second consecutive session, driven by a decline in Brent crude oil prices below USD 100 per barrel and strong buying in banking stocks and Reliance Industries.
Union Minister Ashwini Vaishnaw announced that the Indian government will release a draft consultation paper on Artificial Intelligence (AI) regulations within the next 30 days, focusing on safety, a human-first approach, skilling, inclusivity, and harm restriction.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.
Police in Gorakhpur have launched a murder investigation into the death of a 38-year-old CISF jawan, Karamveer Yadav, whose body was found near an embankment with a severe head injury. A case was registered after the post-mortem findings, and authorities are examining evidence and the deceased's recent contacts.
IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.
Adani Group-controlled Mumbai International Airport Ltd (MIAL) has reiterated that airlines must decide whether to shift flights to Navi Mumbai, temporarily suspend operations at Mumbai airport, or pursue other alternatives from the summer 2027 schedule due to Terminal 1's redevelopment.
Nasscom President Rajesh Nambiar stated that artificial intelligence is not making India's Business Process Management (BPM) industry obsolete but is instead driving its significant reinvention. He highlighted that the sector has an opportunity to become the world's "intelligent operations and transformation hub" by leveraging AI, analytics, and cloud-based operations, moving beyond traditional call centres. Nambiar outlined three key priorities for the industry, including reimagining processes, building hybrid human-AI operating models, and redefining India's global BPM representation.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
'I have lost not merely an exceptional artist, but an extraordinary human being and a dear friend, someone whose warmth and affection touched everyone around him. We spoke just eight days ago. I could never have imagined that it would be our last conversation.'
The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.
A Central Industrial Security Force (CISF) jawan was reportedly stabbed during a protest in New Delhi. The Delhi Police have initiated legal action and are investigating the incident, with the injured jawan receiving medical attention.
A new report by BinQle indicates India will face a significant demand-supply gap of artificial intelligence professionals by 2026, requiring 1.4 million AI experts against an available pool of 400,000. This shortage could hinder growth for enterprises and GCCs, driving up salaries and necessitating continuous reskilling and strategic talent development.
'This incident will send a wave of fear through the entire Bollywood community.'
Domestic passenger vehicle dispatches in India are estimated to have grown by approximately 21 per cent to 4.60 lakh units in September, with major carmakers like Maruti Suzuki, Tata Motors, M&M, and Hyundai all reporting double-digit growth, driven by increased supplies for the upcoming peak festival season and healthy demand.
'Many devout religious people have told me categorically that they like celebrating festivals, but they are vehemently against the noise pollution and traffic obstruction that are being imposed under the pretext of celebrations.'
India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.
Lithium-ion battery recycling firm NAN Silox GreenMet Pvt Ltd has appointed Vijay Pasupathy as its Chief Executive Officer. The company is advancing plans to establish a Rs 1,400-crore critical metals recycling facility in Naidupeta, Andhra Pradesh, aiming to boost domestic capabilities in processing recovered critical metals and reduce reliance on imports.
India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
While AI can help automate routine, repetitive tasks, jobs that require high emotional intelligence, communication skills, creativity and the ability to work in unpredictable situations are likely to withstand the rise of AI, says Kumar Rajagopalan, vice president (strategic initiatives) and country head (India), at Dexian, a global provider of IT consulting, digital transformation and workforce solutions.
Indian benchmark indices Sensex and Nifty closed higher for the second consecutive day, primarily driven by robust buying in IT stocks following strong quarterly results and positive global trends. Tech Mahindra notably surged over 8% after reporting a significant jump in net profit.
'The remaining 30% are scared they will be shot at and they too will shell out the money soon.'
India's exports saw a significant 23 per cent increase, reaching USD 44.4 billion in September, while the trade deficit narrowed to USD 30.21 billion, according to recent government data.
Tata Consultancy Services (TCS) has stated that the recent suspension of eight IT firms, including itself, from a US green card programme will not impact its workforce strategy or customer engagements, citing its low number of applications and focus on local hiring.
Actor Imran Khan, an American citizen, has been served a notice by Mumbai Police directing him to leave India by October 28 for allegedly violating immigration laws. This comes after his participation in recent political protests. His lawyer plans to challenge the decision in the Bombay High Court.
India's wholesale price-based inflation surged to 11.39 per cent in September, up from 9.92 per cent in August, primarily driven by increasing prices of food, manufactured items, and fuel and power.
Bollywood actor Tiger Shroff escaped unhurt after gunmen opened fire at his car in Mumbai's Juhu area, injuring his driver and an autorickshaw driver. Police have formed 15 teams to investigate the incident, which a viral social media post attributed to the Lawrence Bishnoi gang, though authenticity is unverified. Chief Minister Devendra Fadnavis has assured Shroff of swift action against the assailants.
The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.
India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.
The 200-DMA is a closely watched indicator of a stock's long-term trend and can serve as an early warning of trouble.
The Maharashtra government announced a minimum 10 per cent water cut for all urban and rural local bodies starting October 16 due to a deficient monsoon and El Nino impact. The state is prioritising drinking water, planning for water stocks until August 2027, and implementing measures like preventing leakage, reusing treated wastewater, and curbing unauthorised extraction.
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.
Equity mutual fund schemes recorded a net inflow of Rs 38,306 crore in September, a 31 per cent increase from the previous month, driven by strong investor interest in mid-cap and small-cap funds despite stock market volatility and foreign portfolio investor (FPI) sell-offs.
Kerala Home Minister Ramesh Chennithala announced plans to strengthen the state police's Cyberdome to combat cybersecurity threats and deploy indigenously developed robots for traffic management and disaster response. He emphasised the need for coordinated efforts to address growing cyber challenges and protect critical infrastructure, while also highlighting the role of the CoCoN conference in sharing knowledge.
