L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
The Maharashtra government has approved the deployment of sovereign artificial intelligence solutions from Sarvam AI for its departments, with a two-year outlay of Rs 11.26 crore. This initiative includes the Indus AI workspace for 2,500 users, ensuring government data remains within India, along with citizen outreach agents and speech models for the MahaAI platform.
Wipro reported a marginal 1.40 per cent decline in consolidated net profit to Rs 3,200.6 crore for the July-September quarter of FY27, despite a 9.1 per cent increase in revenue from operations to Rs 24,752.7 crore.
Bihar Chief Minister Samrat Choudhary has called upon ministers and legislators to extensively use digital technology and Artificial Intelligence (AI) for balanced development and improved public outreach. He highlighted the state government's existing use of AI in welfare programmes and project cost reduction, stressing its importance for Bihar's progress in the digital era.
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.
India's manufacturing and services sectors are set to create over 35 crore new jobs by 2030, necessitating urgent skilling and industry-academia collaboration. Key sectors like automotive, logistics, telecom, clean energy, and textiles will drive this growth, highlighting the need for competency-driven learning to prepare the workforce.
Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.
Global brokerage Goldman Sachs has maintained its 'Buy' rating on Paytm, revising its 12-month price target to Rs 2,010. The brokerage anticipates a valuation re-rating for the fintech company, driven by sustained revenue growth, expanding margins, and continuous market share gains, particularly in consumer payments and financial services. Despite flagging higher device capital expenditure, Goldman Sachs remains positive on Paytm's underlying business momentum and future earnings potential.
Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
The wife and three children of an Indian Navy employee in Faridabad allegedly attempted suicide by ingesting rat poison on Sunday, citing physical abuse and character questioning by the husband/father. They were rushed to a hospital in Delhi for treatment, and police are awaiting a formal complaint to take action.
Paytm's current business model is already profitable, with the potential UPI merchant discount rate (MDR) framework expected to offer additional revenue rather than being the primary driver of its profitability. This assessment is supported by the company's Q2 FY27 earnings and analyses from global brokerages like JP Morgan, Goldman Sachs, and Bernstein, which highlight the strength of its merchant-led platform and financial services.
Haryana has rolled out UPI-based digital payment systems and expanded online OPD pre-registration facilities across 610 public healthcare institutions. This initiative aims to reduce queues, simplify registration, and enhance patient convenience, while still retaining traditional cash and walk-in options for those not using digital methods.
The CBI has arrested a medicine specialist and a contractual staffer from Delhi's Bhagwan Mahavir Hospital for allegedly accepting a Rs 1 lakh bribe. The doctor, a nodal officer for outsourcing, sought the bribe to ensure a tender was not cancelled and bills were cleared. Both accused were apprehended and are being interrogated.
A father and son have been arrested in Jammu and Kashmir's Kishtwar district for the murder of a Special Police Officer (SPO), Bashir Ahmad. A land dispute is suspected to be the motive behind the killing, and the deceased's service weapon was also recovered.
Indian benchmark indices Sensex and Nifty saw a sharp rebound in early trade, driven primarily by a rally in IT stocks and a decline in crude oil prices, even as global markets faced selling pressure due to US inflation concerns. Track Sensex and Nifty on
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
The Enforcement Directorate has attached assets worth over Rs 23 crore in an ongoing money laundering investigation related to an alleged online betting network. The assets belong to Karnataka Congress MLA K C Veerendra, Gulshan Khattar, and Neha Tandon. Veerendra, arrested in August 2025, is considered the prime accused in the case, which stems from FIRs across multiple states concerning illegal online betting platforms like King567.
Focus on clarity. Avoid keyword stuffing, advises Sarieka S Vaze, head of HR and administration at Montran Corporation.
Zoho founder Sridhar Vembu has criticised the concept of Universal Basic Income (UBI), calling it an 'unimaginative and dystopian' vision. He argues that while AI threatens intellectual jobs, humans have endless tasks related to nature, nurture, culture, and spirituality that can provide purpose and sustenance, rejecting the idea of dependency on handouts.
Delhi's Kushagra Rawat won gold in the men's 1500m freestyle, while Sajan Prakash secured gold in the men's 50m butterfly at the inaugural Short Course Senior National Aquatic Championships in Ahmedabad. Other winners included Advait Page in men's 400m medley and Tvisha Nikhil Dixit in women's 400m medley.
Three men have been arrested in Bengaluru for their alleged involvement in a fatal road rage incident where a man was hit by a car and dragged for nearly 150 metres in Electronic City. The victim, Ranjith Kumar Sahu, succumbed to his injuries after intervening in an altercation. Police are searching for a fourth absconding accused.
WazirX founder Nischal Shetty stated, "We have outdone ourselves, but it is a journey we are still on, and there is a long way to go," reflecting on the cryptocurrency exchange's year-long journey since restarting operations after a cyberattack and restructuring.
The Economic Offences Wing (EOW) of Crime Branch Jammu has filed a chargesheet against a health department employee, Sohan Lal Singh, for allegedly securing a government job as a dental assistant nearly two decades ago using a forged Class 10 certificate. The investigation revealed discrepancies in his educational records and date of birth, with evidence suggesting his deceased father procured the fraudulent documents.
Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.
The Qualified Institutional Buyers (QIBs) portion of the Jio Platforms IPO was fully subscribed at over 2x demand within minutes of its issue opening on Wednesday, indicating strong institutional interest in India's largest public issue.
A special CBI court in New Delhi has sentenced former government official Neeraj Khatri to four years' rigorous imprisonment in a corruption case. The court emphasised the need for strong deterrence against corruption but considered Khatri's age and dismissal from service when deciding the sentence, noting his prior convictions.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
Assam Police has formed a Special Investigation Team (SIT) to investigate a fatal shooting at Hotel Bilas Inn in Guwahati. Five people, including four members of a family, were killed and one injured on Monday night following a dispute between the hotel owners and its leaseholder, Ghanakanta Gogoi, who has been arrested. The incident stemmed from disagreements over a lease agreement and property management.
The Haryana Congress has strongly criticised the BJP government's two-year tenure in the state, alleging widespread misgovernance, unfulfilled election promises, a surge in crime, and rampant corruption. Senior Congress leaders, including Bhupinder Singh Hooda and Kumari Selja, highlighted issues faced by farmers, traders, and youth, demanding accountability and a white paper on the government's performance.
ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.
Five people were shot dead at Hotel Bilas Inn in Guwahati on Monday night following a dispute between the hotel owner and its leaseholder. The accused, Ghanakanta Gogoi, was apprehended, and a .32-bore licensed pistol was seized. The incident, stemming from a property dispute, has led to concerns about law and order.
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.
A Central Reserve Police Force (CRPF) sub-inspector allegedly died by suicide in Chhattisgarh's Bijapur district after shooting himself with his service weapon. The incident, which occurred on the intervening night of Monday and Tuesday, is under investigation. This tragic event is part of a larger pattern, with nearly 200 police and paramilitary personnel dying by suicide in the state over the past eight years due to various personal and professional issues.
Madhya Pradesh Lokayukta police raids have uncovered 46 immovable properties worth an estimated Rs 64 crore allegedly linked to head constable Firoz Khan, his family, and associates. The properties, including houses and land, far exceed his legitimate income over 24 years of service, prompting an ongoing investigation under the Prevention of Corruption Act.
The Enforcement Directorate has conducted searches across Keralam in connection with alleged irregularities amounting to Rs 92 crore in three cooperative societies: Urban Cooperative Society, Thennela Service Cooperative Society, and Kuttanellur Cooperative Bank.
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.
Indian benchmark indices Sensex and Nifty saw an early rebound, driven by strong performances from blue-chip HDFC Bank and major IT firms like HCL Tech, which reported a significant rise in net profit. Track Sensex, Nifty on October 13.
Vice President C P Radhakrishnan has championed the use of artificial intelligence for good governance, highlighting its potential to improve government services and build an inclusive and efficient India.
