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.
Google Cloud India's Managing Director, Sashikumar Sreedharan, has resigned to pursue a new opportunity. Amit Kumar, previously MD for Digital Natives, has been appointed as the interim head of India operations. The transition was announced by Karan Bajwa, President of Google Cloud Asia Pacific, who highlighted the company's strong momentum in India.
Pakistan has withdrawn from the Hockey Asian Champions Trophy 2026, scheduled to be held in Punjab, with Bangladesh named as their replacement.
A Delhi court has rescinded a Look-Out Circular (LOC) against Akash Gupta, an accused in a Rs 247-crore Punjab National Bank fraud case, stating that the seriousness of an allegation cannot be the sole reason for its continued operation. The court noted Gupta's cooperation and previous adherence to travel conditions.
The Narcotics Control Bureau (NCB) seized methamphetamine tablets worth Rs 43 crore in Guwahati, arresting two individuals from Manipur. The consignment, originating from Myanmar, was found hidden in specially fabricated cavities in fuel tanks of two trucks. The NCB is investigating to dismantle the trafficking network and has also apprehended six other persons in separate NDPS cases.
Jio Platforms Limited (JPL) believes satellite broadband services are unlikely to achieve significant scale or compete effectively on price in India's highly connected and affordable market, despite developing its own satellite constellation solutions and flagging it as a potential disruptor.
Aditya Birla Group Chairman Kumar Mangalam Birla stated on Tuesday that investments in artificial intelligence should be driven by potential returns, not by a "fear of missing out." Speaking at the 2026 Bloomberg New Economy Forum, Birla indicated that his group would adopt AI more gradually than previously planned, moving away from an "AI arms race" mentality. He also discussed the varied applications of AI across different business sectors, the challenges of capital allocation, and the impact of geopolitical events on global companies.
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.
Bangladesh's junior minister Ishraque Hossain resigned on Monday after facing controversy for personally leading an armed raid on a suspected drug den in Dhaka. He had uploaded a video of the raid on social media, which sparked public debate and led Prime Minister Tarique Rahman to ask for his resignation. Hossain defended his actions, citing his firearm licence and desire to combat drugs, but criticised media narratives.
Maharashtra Chief Minister Devendra Fadnavis announced the arrest of three individuals in Rajasthan in connection with the firing incident targeting actor Tiger Shroff in Mumbai. The accused were apprehended at Kota railway station after fleeing towards Surat and boarding a train to Jaipur. One suspect is linked to the Lawrence Bishnoi gang, which claimed responsibility for the attack.
'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.'
Researchers at NIT Rourkela have developed a novel material from discarded jackfruit peels, capable of removing over 90% of fluoride from contaminated water in about 10 minutes under laboratory conditions. This patented technology, which uses activated carbon modified with zirconium, offers a promising, cost-effective, and sustainable solution for decentralised water treatment, particularly in fluoride-affected regions of India.
Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.
Police in Pratapgarh, Uttar Pradesh, have arrested four individuals, including the wife and her alleged lover, in connection with the murder of a 45-year-old utensil trader. The victim, Umashankar Kaushal, was found dead near a canal on Thursday. Investigations revealed a conspiracy stemming from the wife's relationship, which the trader opposed.
Odisha Vigilance department arrested Superintending Engineer Prasanjit Das after seizing over Rs 21.88 lakh in unaccounted cash from him. Das, accused of demanding bribes, was intercepted on Friday night, and further cash was found during searches at his residences. He faces charges under the Prevention of Corruption Act, 2018.
India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
Glimpses of Indian Air Force aircraft flying in formation during Exercise Tarang Shakti 2026 in Jodhpur on Wednesday, October 7, 2026.
The Enforcement Directorate (ED) has filed a chargesheet against FIITJEE and its directors, Dinesh Kumar Goel and Monila Goel, on money laundering charges. The case involves the alleged misappropriation of over Rs 85 crore collected from students for coaching programmes. The ED seeks their conviction under the PMLA and confiscation of properties worth Rs 71.88 crore.
A flash flood in Nepal's Budhi Gandaki River in Gorkha district has swept away houses, damaged two hydropower projects, and left at least 10 people missing. Authorities have rescued nearly 50 people and mobilised security agencies for search and rescue operations, urging riverside villagers to move to safer locations.
Andhra Pradesh Police have arrested a naval staffer and a civilian driver in connection with an alleged espionage conspiracy involving Pakistan Intelligence Operatives, raising serious national security concerns.
The Brihanmumbai Municipal Corporation (BMC) has demolished unauthorised 'siporex' block walls at a Juhu property linked to actor Ajay Devgn and his mother, following a stop-work notice and rejection of their response.
IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.
Karnataka authorities conducted a three-day statewide crackdown on illegal diversion of subsidised Public Distribution System (PDS) foodgrain, seizing 5.65 lakh kg of rice and 24 transport vehicles worth a total of Rs 4.76 crore. Six criminal cases have been registered against nine individuals, and two officials have been suspended for dereliction of duty.
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.
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.
Donald Trump has ruled out using nuclear weapons or ground troops against Iran, despite the US military developing strike options including the "mother of all bombs" (MOAB) for Iranian energy and nuclear facilities. Trump clarified the MOAB is not nuclear and expressed confidence in non-nuclear options. He also discussed nuclear disarmament talks with Russia and China and his determination to prevent Iran from acquiring nuclear weapons, even as questions arise about MOAB's effectiveness against deeply buried targets.
Bharti Airtel Chairman Sunil Bharti Mittal stated that his satcom venture, Eutelsat OneWeb, is 'significantly ahead' of Elon Musk's Starlink in the Indian satcom queue, having applied for a licence five years ago, and expressed a desire to receive regulatory approval before Starlink.
Property ownership disputes depend on the registered deed, the parties' intentions, financial contributions and available evidence.
Sunday's shooting incident targeting Tiger Shroff have rekindled memories of the film industry's dark past, when crime syndicates like Dawood Ibrahim's D-Company and Abu Salem's gang exerted significant influence through extortion, violence, and money laundering.
A country that makes the isotope sets the timetable for everyone who needs it.
China has announced new export controls on key machinery, including tunnel boring machines, walking excavators, and dredger components, citing national security. These restrictions, effective November 18, could significantly impact India's infrastructure projects, such as metro systems and high-speed rail lines, as China has previously limited such exports to India.
IBM India and South Asia MD Sandip Patel states that technology, especially AI, should not be "artificially paused." He advocates for vigilance and proactive governance to foster innovation while addressing potential risks. Patel also highlights IBM's India-specific initiatives like Bharat Core and a sovereign AI stack, and discusses the impact of AI on jobs and global supply chains.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
Delhi Police have arrested 11 individuals involved in multiple "digital-arrest" scams, recovering over Rs 12 crore. The scams, linked to handlers in Southeast Asia, have affected 78 complainants nationwide, totaling Rs 73 crore. A retired scientist was defrauded of Rs 1.25 crore, with the entire amount frozen. The investigation uncovered a network arranging mule bank accounts and using cryptocurrency for commissions.
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 traded lower in early sessions due to profit-taking and significant foreign institutional investor (FII) outflows, despite strong performance from IT stocks like Tech Mahindra. Track Sensex, Nifty on October 16.
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.
