IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.
Indian spin bowling coach Sairaj Bahutule has suggested introducing free-hits in Test cricket to curb the increasing problem of no-balls, a concern highlighted by Indian spinners overstepping 10 times in the ongoing Test against Sri Lanka. He acknowledged the issue and the efforts being made to rectify it.
Sri Lankan all-rounder Sonal Dinusha, who averaged 140 in the recent Test series against India, found solace and success in cricket as an escape from financial hardship. His journey, marked by dedication and a relentless work ethic, saw him rise from a child without a bat to a national hero, with coaches highlighting his unwavering commitment to the game.
N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
Satwiksairaj Rankireddy and Chirag Shetty advanced to the men's doubles quarterfinals at the World Championships, securing a potential third medal. However, India faced a setback with the elimination of two-time Olympic medallist PV Sindhu and Ayush Shetty in their respective singles matches. The women's doubles pair of Treesa Jolly and Gayatri Gopichand also reached the quarterfinals.
Karolina Muchova and Jakub Mensik of the Czech Republic defeated Belinda Bencic and Flavio Cobolli to secure the US Open mixed doubles title, marking their first Grand Slam victory as a team.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
India's top men's doubles pair, Satwiksairaj Rankireddy and Chirag Shetty, were defeated in straight games by China's Liang Wei Keng and Wang Chang in the quarter-finals of the BWF World Championships, ending their bid for a third medal at the event.
Satwik-Chirag's BWF World Championships campaign ended in a disappointing quarter-final defeat.
IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.
IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
Thom Gicquel and Delphine Delrue have made history by becoming France's first-ever badminton World Champions in mixed doubles, defeating the world No. 1 Chinese pair. Their victory marks a significant milestone for French badminton, with another French player, Alex Lanier, also vying for a men's singles world title.
Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.
India's Treesa Jolly and Gayatri Gopichand staged a remarkable comeback victory in the women's doubles quarter-finals at the BWF World Championships 2026, defeating China's Jia Yifan and Zhang Shuxian to secure a semi-final spot and guarantee India a medal.
Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.
India's preparations for the Ireland T20Is were briefly disrupted by practice facility issues in Belfast, but teenage sensation Vaibhav Sooryavanshi stole the spotlight with an impressive first net session that sparked excitement among local Indian fans.
Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.
Barcelona commenced their LaLiga title defence with a dominant 5-0 away victory against Elche, featuring two goals each from Raphinha and Fermin Lopez, and one from debutant Karim Adeyemi.
Lionel Messi scored four goals, including a hat-trick, to lead Inter Miami to a dominant 7-1 victory over Montreal in Major League Soccer, ending their five-game winless streak and moving them to second in the Eastern Conference.
The Indian women's hockey team secured a dominant 6-1 victory over South Africa in the FIH World Cup, marking their first win of the tournament. Multiple players scored for India, achieving their biggest World Cup win, and setting them up for their next match against England.
Liverpool survived a Nottingham Forest scare with Victor Munoz's late equaliser, but Andoni Iraola remains without a Premier League win after two games in charge.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
Saransh Jain, India's Test cap No. 320, prioritised red-ball cricket over an IPL contract, a decision lauded by his coach Chandrakant Pandit, which ultimately led to his Test debut against Sri Lanka.
Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.
The National Testing Agency (NTA) has clarified its 'answer key challenge' system, stating it is designed for fairness and that the fee charged is to deter frivolous challenges, with refunds issued for successful objections. This comes amidst recent criticism regarding exam conduct.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
From why FIIs will return to India with 'bagfuls' to what to do if markets crash 20%, from finding the next multi-bagger to whether the battered IT sector can bounce back -- Trust MF CIO Mihir Vora's calm answers will surprise you.
Harry Kane has been named Germany's Footballer of the Year, becoming the first English player to receive the prestigious award. The Bayern Munich star expressed his delight at the recognition, which follows a stellar 2025-26 season where he also secured the European Golden Shoe and the Franz Beckenbauer Supercup.
Lionel Messi scored his first goal for Inter Miami since the recent passing of his father, Jorge Messi, during a 2-2 draw against Philadelphia Union.
The Supreme Court is set to hear a petition seeking mandatory and uniform labelling of ethanol percentage at petrol pumps and a public database on vehicle compatibility with ethanol-blended fuel. The plea also calls for an expert committee to assess the impact of E20 fuel on vehicles, environment, and food security, and a consumer disclosure protocol.
Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline at the close of trade, with the Sensex dropping 539 points and the Nifty falling below 24,100, primarily due to selling pressure in HDFC Bank and ongoing geopolitical uncertainties.
Chelsea made it two wins from two under Xavi Alonso, surviving Brighton's dramatic comeback to win 4-3 at Stamford Bridge and continue their high-scoring Premier League start.
The Indian men's hockey team was eliminated from the FIH World Cup semifinal race after a 3-5 loss to Argentina in a crucial pool match. India needed to win by at least two goals but struggled to find form against a strong Argentine side.
The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.
The Central Board of Film Certification has updated Rule 33 of the Cinematograph Certification Rules, prohibiting filmmakers from making any post-certification modifications, cuts, or additions to their films, making the certified cut the definitive final version.
