Cognizant and Google Cloud have announced an expanded partnership to accelerate the adoption of agentic AI, forming a new 'Gemini Frontier Capability Group'. This initiative combines Google's AI platform with Cognizant's expertise to help enterprises deploy resilient, production-grade AI agents and drive business value. The group will focus on areas like legacy modernisation and cyber defence, with Cognizant also scaling Gemini internally.
Air Chief Marshal AP Singh stated on Sunday that the Indian Air Force's Operation Sindoor demonstrated its capability to strike targets across the Western front, serving as a warning to adversaries. He highlighted the operation's validation of the IAF's capability-centric approach, indigenous weapon systems, and commitment to zero collateral damage, while also outlining the force's long-term vision for 2047 to become a multi-domain aerospace power.
One 97 Communications Ltd, operating Paytm, reported a significant 10-fold increase in profit after tax to Rs 225 crore in Q2 FY27, marking its sixth consecutive profitable quarter. The company also saw a 28% rise in operating revenue to Rs 2,648 crore, driven by strong performance in merchant and consumer businesses, expanded monetisation, and AI adoption. Paytm's EBITDA margin reached double digits for the first time, reflecting enhanced operating profitability.
Global companies like LG Electronics, Smartworks, Microsoft, and HCL Technologies lauded Uttar Pradesh's investor-friendly policies, infrastructure, and talent at the GCC Innovation Summit 2026. They shared positive experiences, highlighting the state's swift decision-making and commitment to fostering a conducive environment for Global Capability Centres, leading to significant investments and job creation.
Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is launching its initial public offering (IPO) with a price band of 1,065-1,119 a share, aiming to make RIL a net-debt-free company and create long-term shareholder value.
A Crisil report indicates that India is the world's fastest-growing polymer compound market, contributing 13% to the global industry. Driven by increased manufacturing in automotive, electronics, and infrastructure, the domestic sector is projected to reach USD 16.5 billion by FY2031, with significant demand from various pipeline and cable segments.
'The restrictive monetary limits under FAST-DS may prevent a significant number of taxpayers from regularising their undisclosed foreign assets.'
Engagement with neighbours has gathered pace, particularly as the conflict in West Asia has exposed their vulnerability to energy supply disruptions.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
A CII white paper released Thursday outlines a strategy for India's media and entertainment sector to achieve a USD 100 billion valuation by the early 2030s, requiring an annual growth rate of 15 per cent and significant policy reforms. The paper identifies key areas for growth, including broadcasting reform, anti-piracy measures, and investment in regional markets.
Mira Bhayandar-Vasai Virar Police have busted an illegal chemical manufacturing facility in Telangana that supplied precursor materials for Mephedrone, leading to the arrest of the manufacturer. This operation is part of a larger multi-state investigation that has already uncovered two MD manufacturing labs in Gujarat and Uttar Pradesh and resulted in 25 arrests.
France football captain Kylian Mbappe has issued an apology after Chinese brands severed ties with him over a comment referring to late Chinese leader Mao Zedong, highlighting the swift repercussions international celebrities face in the crucial Chinese market.
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.
Madhya Pradesh has achieved the top rank in India for drug destruction, eliminating over 2.74 lakh kilograms of narcotics in two years. The state is implementing a comprehensive strategy, including forming anti-drug committees in educational institutions, launching a three-year campaign to dismantle drug networks, strengthening intelligence, and expanding de-addiction centres. Authorities have also seized significant quantities of drugs, attached properties, and conducted extensive public awareness programmes.
Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.
Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
The Union home ministry has extended the deployment of 273 Central Armed Police Forces companies in Delhi until October 31, anticipating potential "flash protests" from political and other groups across the national capital.
The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.
IT services firm Tech Mahindra has announced a collaboration with AI coding platform SpaceXSI to help global enterprises modernise legacy applications, accelerate software delivery, and improve developer productivity through AI-assisted engineering across the software lifecycle. The partnership aims to embed AI intelligence across the software development lifecycle for better business outcomes, focusing on sectors like technology, telecommunications, and banking.
Beijing published the world's first global framework for vocational standards. If India does not act swiftly, it will be compelled to certify its workers by someone else's rulebook, cautions Abhay Jere, ex-Vice Chairman, AICTE.
The Government of Karnataka has called for enhanced collaboration with the BFSI and FinTech sectors to bolster its technology ecosystem and accelerate the adoption of innovative solutions. This initiative, discussed at an Industry Meet, aims to foster partnerships between government, industry, and academia, particularly through programmes like 'Government First', in preparation for the Bengaluru Tech Summit 2026.
Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
Maharashtra Deputy Chief Minister Eknath Shinde has issued a stern warning against gang wars and vowed a strong response after Bollywood actor Tiger Shroff's car was fired upon in Mumbai.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Gurugram Police have arrested Manish Kumar for allegedly misbehaving with a woman CISF personnel at IFFCO Chowk metro station. Kumar is accused of snatching her phone, obstructing duty, and threatening her family, following a period of stalking and harassment. Police apprehended him on Tuesday, and his criminal record shows previous cases of molestation and vehicle damage.
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.
'You cannot say on day one that a stock is a multibagger. Multibaggers evolve.'
Jio Platforms Ltd's initial public offering (IPO), anticipated to be India's largest, is scheduled to open for subscription on October 21 and close on October 23, with reservations for employees and Reliance Industries Ltd shareholders.
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.
Cortex DC, a company of The Chatterjee Group (TCG), announced its entry into the data centre market with plans to develop 2 GW of AI-ready capacity across India over the next seven years. The initiative aims to meet the growing demand for high-performance computing, targeting hyperscalers, cloud service providers, and advanced AI workloads with a focus on speed, scale, and sustainable power.
The Indian Navy is enhancing its operational capabilities across all domains, including air, underwater, AI, and quantum technology, to become a multi-domain network force. Vice Chief of Naval Staff, Vice Admiral Ajay Kochhar, highlighted lessons from recent conflicts, the exploration of directed-energy weapon systems, and significant procurement plans, including 42 new platforms on order and RFPs issued for LPDs and next-generation frigates. The Navy's focus on indigenous innovation and technology absorption, guided by "scale, sophistication, speed, and spiral development," aims to meet evolving operational requirements and protect maritime interests, especially amidst ongoing global crises.
Delhi Police have arrested three individuals in two separate commercial fraud cases totalling Rs 62.68 lakh. Two accused allegedly defrauded garment suppliers of Rs 45 lakh, while a third cheated a medical supplies firm of Rs 17.68 lakh using fabricated bank transfer screenshots. Investigations are ongoing, with links to other cases being examined.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
US Secretary of State Marco Rubio kick-started a three-day visit to India on Tuesday to advance bilateral ties in energy, trade and investment, defence, critical technologies, and exchange views on the West Asia crisis.
The Congress has criticised Prime Minister Narendra Modi for his "deafening silence" regarding reported face-offs with the Chinese Army in Arunachal Pradesh.
Despite recent foreign portfolio outflows, India's long-term investment prospects remain strong, but the return of capital hinges on global financial conditions, relative valuations, and the country's ability to attract sustained foreign investment, according to foreign bankers at the Business Standard BFSI Insight Summit.
Atomic Energy Commission Chairman Ajit Kumar Mohanty announced that India's private sector is projected to invest Rs 7.5 lakh crore and contribute 30 GW towards the nation's goal of achieving 100 GW nuclear power capacity by 2047. This marks a significant policy shift, facilitated by the SHANTI Act, encouraging private participation in nuclear energy beyond the traditional public sector model. The country is also exploring Small Modular Reactors (SMRs) for industrial needs and advancing its three-stage nuclear power programme, leveraging its substantial thorium reserves.
India's entry-level passenger vehicle market is experiencing a significant recovery, with mini car wholesales surging 86.3 per cent year-on-year in the first half of FY27, driven by improved affordability and stronger overall demand.
Isha Ambani, a director on the board of Jio Platforms, revealed that a failed attempt to upload a college assignment in 2009-10 due to poor internet connectivity in Mumbai sparked the idea and subsequent conversations that led to the creation of Jio.
