Anup Saha, currently a Wholetime Director at Kotak Mahindra Bank, has been appointed as the new Managing Director and Chief Executive Officer for a three-year term, effective January 1, 2027, with the Reserve Bank of India's approval.
Legendary Uruguayan striker Diego Forlan, now coaching Uruguay, believes India can significantly improve its football standing despite cricket's dominance. He emphasizes the importance of grassroots development, strong domestic leagues, and consistent exposure to high-level international competition to nurture young talent and elevate the sport in the country. Forlan also shared his positive experiences with Indian football passion during his ISL stint.
Jamshedpur FC has announced its withdrawal from the Indian Super League (ISL) starting from the 2026-27 season, hours after missing a payment deadline. The club stated its commitment to promoting and developing football at the grassroots level in India. This comes amidst a new agreement between AIFF and ISL clubs for a club-led model of the league.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
'Nobody could have played this character better than Rajkummar Rao.'
Researchers from IIIT-Delhi and MS Swaminathan Research Foundation have developed SICKLE, a multi-satellite dataset designed to enhance AI systems' ability to monitor crops, identify growth, and estimate yields across vast agricultural areas. This dataset combines satellite imagery with field-level information, enabling machine learning models to understand various aspects of crop cultivation and predict key parameters like phenology and productivity.
A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.
Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.
Doctors and researchers are increasingly concerned about the potential link between exposure to polluted air during pregnancy and its influence on foetal development, particularly the male reproductive system. While hypospadias, a common congenital abnormality, is multifactorial, endocrine-disrupting chemicals in air pollution are being investigated for their role. Experts call for more research and advise expectant mothers on preventive measures.
Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.
Microsoft has inaugurated its India South Central datacenter region in Telangana, marking its fourth cloud region in the country. This expansion aims to bolster India's cloud and AI infrastructure, with Telangana targeting 5 GW of datacenter capacity by 2029 and attracting significant investment in the digital ecosystem.
'I think the more time he spends in this environment with the quality players, the more time he trains at this standard, will only be great for his cricket.'
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.
'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.'
The Insurance Brokers Association of India (IBAI) has warned that the IRDAI's proposed overhaul of insurance distribution practices could lead to a 70 per cent fall in revenues for intermediaries and result in 10 lakh job losses, citing concerns over the tight feedback deadline and the global uniqueness of the proposed architecture.
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
Indian precision engineering firm Aequs has signed long-term supply agreements with French aerospace major Safran. These contracts will support Safran's supply chain and expand Aequs' role in manufacturing critical aerospace components, including fully assembled A320 family aircraft wheels and landing gear components for various Airbus and Boeing programmes, with significant in-country value addition in India.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
A new report by TeamLease Digital highlights a significant AI-ready talent gap in India's technology industry, with shortages of 53-60 per cent in Generative AI and cloud skills. The report indicates that only 16 per cent of IT professionals possess AI skills, leading to rising salary premiums for AI-core roles and a projected demand for over 10 lakh GenAI roles by 2026.
Madhya Pradesh Chief Minister Mohan Yadav released two cheetahs, Vyom and Neera, into the Veerangana Durgavati Tiger Reserve, making it the state's third cheetah habitat. This expansion is part of India's Cheetah Project, which has seen the big cat population grow to 60. The initiative aims to boost wildlife tourism and local economies, with the government also supporting villagers through revenue sharing and homestay schemes.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
Pune has been confirmed as the host city for the 2032 UCI Road World Championships, a decision that the Cycling Federation of India believes will significantly enhance the country's bid to host the 2036 Olympic Games and change global perceptions of India as a sporting host.
Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P&L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.
A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
A recent IIT Indore study highlights the evolving landscape of protest sites in Delhi, from Rajpath to Jantar Mantar, and now to more distant locations like Ramlila Maidan, Burari Ground, and CBD Ground. This shift, driven by authorities, raises concerns about the visibility, accessibility, and effectiveness of democratic protests, as moving demonstrations further away from power centres can diminish their impact and public engagement.
'The most effective investment approach is one that aligns with an investor's temperament, risk tolerance, and decision-making style.'
Tata Projects has forged a strategic partnership with Canada-based MDS Aero Support Corporation to develop advanced aero-engine testing infrastructure in India. This collaboration combines Tata Projects' infrastructure capabilities with MDS Aero Support's global expertise in gas turbine engine testing, aiming to support India's rapidly growing aerospace and propulsion ecosystem.
IBM India and South Asia MD Sandip Patel stated that India is at a defining moment with a unique opportunity to shape exponential technologies like artificial intelligence, emphasizing that "when India builds, it builds for billions," leading to scalable impact. Speaking at the IBM Think 2026 event, Patel highlighted that the AI revolution is still in its early stages, requiring enterprises to redesign their operations around agents, real-time data, automation, hybrid architecture, and trust. He also introduced the concept of "digital swaraj" or sovereignty in the Indian context, stressing the importance of control over operating environments, data, technology, and AI execution. IBM also announced an MoU with MeitY Startup Hub to accelerate India's deep tech innovation and startup ecosystem, providing startups access to IBM's technology expertise and platforms like watsonx and Sovereign Core.
They had bought Rs 29,631 crore worth of shares in August.
Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.
Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.
'One of the biggest mistakes first-time daters make is spending too much time texting before meeting in person,' says Shalini Singh, founder of andwemet, an invite-only WhatsApp matchmaking community for Indian singles.
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
