HDFC Bank's board is actively discussing the appointment of its new managing director and chief executive officer (MD & CEO) as incumbent Sashidhar Jagdishan's three-year term concludes in October, with the Governance, Nomination and Remuneration Committee (GNRC) expected to finalise the process soon.
Indian police have dismantled an illegal MD drug manufacturing unit in Telangana, leading to the arrest of 18 people and the seizure of drugs and materials worth Rs 20.72 crore.
Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.
Amitabh Jhunjhunwala, former group managing director of Anil Ambani-led Reliance Communications, has been remanded in 14-day judicial custody in an alleged bank loan fraud case. The CBI alleges misutilisation of loan funds, causing significant losses to a consortium of banks led by SBI.
Rajasthan Police's Anti-Narcotics Task Force dismantled an illegal MD drug manufacturing unit in Jodhpur, arresting six individuals and seizing a large quantity of raw materials.
India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.
Delhi Police have launched an investigation into fresh death threats received by a defence entrepreneur, allegedly from an international extortion network. The threats target Sahil Luthra, MD of Vijayen Trishul Defence Solutions, who reported receiving a threatening voice note.
Sanya Vats is the only Indian player to qualify for the semifinals of the HCL Squash PSA Challenger Tour in Chennai, defeating compatriot Unnati Tripathi in the quarterfinals. She is set to face top seed Rouqaia Othman of Egypt in the next round.
Mumbai Falcons Racing Limited (MFRL) is hosting the F1 Sim Racing India Open 2026 Time Trials in New Delhi, a talent hunt offering aspiring racers a chance to enter professional motorsport with a significant prize pool and a driver development fund.
India's sub-junior men's and women's hockey teams secured impressive victories at the FIH Youth Hockey5s Asian Championship in Muscat, extending their unbeaten runs. The women's team thrashed Kazakhstan 10-0, while the men's team defeated Bangladesh 8-3, showcasing strong performances in the tournament which serves as a World Cup qualifier.
HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.
Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
Indian fourth seed Sanya Vats was defeated by top seed Rouqaia Othman of Egypt in the semifinals of the HCL Squash PSA Challenger Tour in Chennai, ending her impressive run in the tournament.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
HDFC Life Insurance and ICICI Prudential Life Insurance have reported double-digit growth in profitability for the first quarter of FY27, buoyed by healthy premium collections and increased investment income, with HDFC Life's net profit rising 11.9% and ICICI Pru's by 27.8%.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
Nineteen individuals, including a doctor, two home guards, and a lawyer, have been arrested in Chhattisgarh's Bilaspur district for allegedly orchestrating a scam that involved forging post-mortem reports to fraudulently claim Rs 64 lakh in snakebite compensation.
IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.
Applying random products on your skin, just because they are trending, may damage or weaken your skin barrier, warns Dr Rupika Singh, dermatologist and founder of Akiya Aesthetics.
One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.
Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
A 29-year-old doctor, originally from Tamil Nadu and pursuing his MD in Meerut, was found dead in his rented accommodation in a suspected suicide case.
Four individuals, including two Manipur police constables, were arrested in Kangpokpi district for allegedly transporting 6.1 kg of Yaba tablets, a synthetic drug. The arrests followed a police interception on National Highway-2.
SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.
The Prime Volleyball League (PVL) has been officially recognised by the FIVB as India's first division professional volleyball league, marking a significant milestone for the sport in the country. This recognition allows PVL clubs to compete in international tournaments and aligns the league with global standards. The fifth season of PVL is scheduled to begin on November 30, with a players' auction on August 17 in Goa. This development is expected to further strengthen Indian volleyball's performance on the international stage.
'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'
A first-year MD student in Bareilly allegedly attempted suicide by jumping from a college building after enduring prolonged ragging and mental harassment from senior students. Police have registered an FIR against four senior doctors and others, including the college administration, following a complaint by the student's father, who claims earlier complaints to authorities were ignored.
A first-year MD medicine student in Bareilly allegedly attempted suicide by jumping from the third floor of his college building after being subjected to severe ragging and mental harassment by senior students. Police have registered an FIR against four senior resident doctors, other students, and the college administration based on the father's complaint, which also alleges inaction by college authorities despite prior warnings.
Police in Pratapgarh, Uttar Pradesh, have arrested five alleged drug traffickers and seized methamphetamine (MD) worth approximately Rs 1 crore. The arrests were made during a vehicle checking operation, and the accused have been charged under the NDPS Act.
A Manipur police commando was fatally stabbed during an anti-drug operation in Thoubal district. The main accused, Md. Naobi, was arrested following intensive search operations. Former CM N Biren Singh condemned the incident.
Indian squash players Velavan Senthilkumar and Tanvi Khanna have successfully advanced to the men's and women's semifinals, respectively, at the PSA Challenger Tour-Mumbai tournament. Senthilkumar, the top seed, defeated Abdullah Hafez, while Khanna overcame Zoe Foo to secure their spots in the last four.
Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.
The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.
Mumbai Police busted a mephedrone (MD) manufacturing unit in Gujarat's Narmada district, seizing narcotics, chemicals, and equipment worth approximately Rs 75 crore. The operation followed the arrest of a cab driver in Mumbai, leading to the apprehension of a supplier and the subsequent raid on the Gujarat facility.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
