Avenue Supermarts (DMart) reported lower-than-expected Q2FY27 performance, with revenue growth of 18.4 per cent year-on-year but visible margin pressure, leading to a 4.5 per cent stock drop. The company faces challenges from lower-margin sales, operating cost pressures, and aggressive store expansion, impacting profitability despite improved same-store sales growth.
Nana Patekar's death on Thursday prompted an outpouring of tributes from the cricket fraternity, with former India captain Ajinkya Rahane remembering the veteran actor as a "truly remarkable actor" who inspired and entertained generations.
The Kerala High Court on Tuesday questioned the state government's decision to order a preliminary enquiry into the alleged CMRL bribery case, despite information from the ED regarding corruption offences against former Chief Minister Pinarayi Vijayan and others. The court is hearing appeals from Vijayan, his daughter Veena T, and son-in-law P A Mohamed Riyas, who argue they were not heard before an FIR was directed to be lodged. The ED alleges fraudulent payments of Rs 2.78 crore were made to Veena's company.
A group of 124 former IAS, IFS, IPS, and allied services officers have issued an open letter defending the Election Commission (EC) and the Special Intensive Revision (SIR) process. They argue that the electoral system cannot be deemed rigged only when a party loses, citing instances where the ruling BJP lost elections under the same EC. The officers highlight the legitimacy and necessity of the SIR for cleaning voter rolls and underscore the robust safeguards within India's electoral system.
The CBI has arrested the principal of an Eklavya Model Residential School (EMRS) in Nuapada, Odisha, for allegedly demanding and accepting a bribe of Rs 12,000. The principal was accused of seeking money for recommending a woman's service extension as an Auxiliary Nurse Midwifery (ANM) at the school.
Tata Consultancy Services (TCS) plans for 80% of its new hires to possess digital and Artificial Intelligence (AI) skills, anticipating that the growing share of AI-led work will significantly boost its profit margins.
The Supreme Court is scheduled to hear a plea on Sunday seeking contempt proceedings against authorities for allegedly violating its directive against a complete prohibition on metro and train services in Delhi during the CJP protest. The plea argues that the blanket shutdown and lack of transparent advisories constitute a deliberate disregard for the court's October 9 order, which had called for regulation rather than outright prohibition of public transport.
Telangana's Anti-Corruption Bureau (ACB) arrested a Tahsildar and a Mandal Surveyor in Abdullapurmet Mandal, Ranga Reddy district, on Monday for allegedly accepting a Rs 20 lakh bribe. The officials had initially demanded Rs 30 lakh for a survey report related to a layout under HMDA guidelines.
Ten key players, including previous season's most expensive buy Devank Dalal and Ashu Malik, have been retained by the five franchises of the Kabaddi Champions League for its second edition. This move aims to ensure continuity and build strong teams ahead of the October 17 auction where remaining positions will be filled.
At the border, places that you had just seen on a map, suddenly acquire a life. Looking at the vast expanse of quiet land, you realise an emotional connect, a sense of belonging binds you to a piece of land which is not merely territory, but a part of who you are.
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.
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.
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.
Prime Minister Narendra Modi emphasised the democratisation of technology to ensure no section of society is left behind, advocating for affordable and accessible digital services, especially for the Global South. He highlighted the potential of Digital Public Infrastructure (DPI) and called for solutions to cyber fraud, global standards for emerging tech, and mechanisms to identify AI-generated content during his interaction with GSMA board members.
Jawaharlal Nehru University (JNU) has dismissed Professor Angomcha Bimol Akoijam, also a Congress MP, following sexual harassment complaints from at least 11 female students. Akoijam has termed his dismissal a 'witch hunt' and questioned the due process.
India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.
The Goods and Services Tax (GST) Council is set to discuss proposals aimed at transforming the complex indirect tax system into a more business-friendly regime, focusing on simplifying compliance, reducing administrative burdens, and potentially raising the prosecution threshold.
By the time she finished her term as SBI chairman, she was overseeing over two lakh employees, 24,000 domestic branches, 100 international ones and a bank that had stepped into the technological age and become youth-friendly. Meet Arundhati Bhattacharya, the first woman chairman of the State Bank of India and president and CEO, Salesforce, South Asia.
A Kolkata-based lottery firm, Tiger Associates, donated Rs 260 crore to Tamil Nadu's DMK and AIADMK in 2025-26, significantly increasing its contributions from the previous financial year. The firm accounted for nearly 74% of the combined contributions reported by the two parties, highlighting a concentration of political funding. The disclosures also revealed contributions from electoral trusts and a link between Tiger Associates' partner and lottery magnate Santiago Martin, whose other firm was a major electoral bond purchaser.
Eight workers were killed and 12 injured when a speeding car ran them over on the Lehragaga-Jakhal road in Sangrur, Punjab, on Sunday. The incident, which occurred near Alisher village, involved workers engaged under the VB-G RAM G scheme. Allegations of significant ambulance delays have emerged. Punjab Chief Minister Bhagwant Mann announced Rs 2 lakh compensation for the deceased's families and free treatment for the injured, promising swift arrest of the absconding driver.
Customer experience firm Fusion CX is significantly investing in AI-enabled services and data infrastructure, aiming to increase its share in total turnover to 25% within 12-18 months. The company, which reported a turnover of Rs 1,818.13 crore in FY26, is preparing for an IPO of Rs 800-1,000 crore in October, driven by organic growth, acquisitions, and its AI strategy.
A planned protest by the Cockroach Janta Party (CJP) at Jantar Mantar, demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged voter-list manipulation, was thwarted by a massive security deployment in Delhi on Saturday. Thousands of protesters were detained as they attempted to gather at various alternative locations across the city, with metro services suspended and mobile internet blocked in some areas.
The goal is to ensure that your bank works for you, providing liquidity and convenience without charging you for the privilege of holding your own money.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
Odisha Vigilance apprehended Alan Behera, a revenue inspector in Bolangir district, on Tuesday for allegedly demanding and accepting a bribe of Rs 3,000. The bribe was sought to process a land conversion application from agricultural to homestead land. Behera was caught in a trap, and a case has been registered under the Prevention of Corruption Act.
Madhya Pradesh's Lokayukta police raided 15 premises linked to head constable Firoz Khan in Indore and Dewas, uncovering assets worth Rs 6.27 crore. This amount is more than three times his legitimate income over 24 years of service. Khan is accused of misusing his position in property dealings, and an FIR has been registered under the Prevention of Corruption Act, with a woman associate also named as an accused.
A new study analysing over 33,000 cancer journal articles has uncovered widespread citation manipulation by "research paper mills". These fraudulent organisations artificially inflate citation counts, a key academic performance metric, for thousands of articles. The suspect papers show unusually high citations but low readership, distorting scientific evidence and potentially slowing progress.
Controversial wicketkeeper-batter Abhishek Porel has been included in Bengal's Ranji Trophy squad for their season opener against Delhi at Kalyani, following his recent bail in a rape case. The squad also features India pacers Mohammed Shami, Mukesh Kumar, and Akash Deep.
The Supreme Court expressed concern over the closure of 57 Metro stations and cancellation of trains in Delhi ahead of protests, stating the Centre 'cannot use a hammer to kill a fly' and ordered against complete prohibition of transport services.
NetApp CEO George Kurian announced that India is the company's fastest-growing market in Asia, driven by strong performance in BFSI, manufacturing, IT services, and public sectors. The company's Bengaluru global capability centre is its largest, housing 4,000 engineers and leading global R&D. NetApp also unveiled new AI-focused storage solutions and cloud partnerships at its Insight event.
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.
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.
India has issued a new advisory for its citizens in Saudi Arabia, urging them to follow local instructions, stay indoors during aerial attacks, and be aware of ongoing flight disruptions. The advisory follows an October 10 attack on Riyadh airport that injured several Indians, with some still hospitalised. Major Indian airlines have cancelled flights to Saudi cities until late October, impacting travellers and Umrah pilgrims.
Three young cricketers from Beed, Saurabh Navale, Sachin Dhas, and Rishikesh Sonawane, have been selected for the Maharashtra Ranji Trophy squad, marking a historic first for the district. Their selection highlights their hard work and talent despite limited local facilities, inspiring future generations. Prithvi Shaw will captain the Maharashtra team.
The Karnataka cabinet has rejected the clemency plea of Shubha Shankar, who is serving life imprisonment for the 2003 murder of her fiancee, Girish. The cabinet also decided to challenge the High Court's ruling on enhanced reservation quotas for SCs and STs in the Supreme Court.
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.
A fire broke out at ONGC's NQG oil platform off the Mumbai coast on Monday morning due to a ruptured gas cooler finger. The fire was brought under control by personnel from a nearby platform, with no injuries reported. Despite the incident, a company official confirmed that operations have not been impacted, preventing potential significant revenue losses from the crucial Mumbai High field.
An assistant executive engineer of the Public Works Department, Mridul Baglari, was arrested in Dibrugarh, Assam, for accepting a bribe of Rs 30,000. He had allegedly demanded Rs 1.3 lakh for releasing pending bills and was caught in a trap laid by the Directorate of Vigilance & Anti-Corruption.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
Around 40 pilots of SpiceJet's Q400 aircraft fleet refused to fly till the airline cleared their salary dues, a stance that has been supported by pilots' grouping ALPA India, according to sources.
