Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Arsenal's 16-year-old Max Dowman scored twice in a 4-2 League Cup victory over Ipswich Town, continuing their perfect season start. Liverpool also advanced to the fourth round, beating Tottenham Hotspur 3-1 at Anfield. Other Premier League teams Fulham and Brentford also secured wins, while third-tier Peterborough progressed via a penalty shootout.
Seventeen-year-old English midfielder Floyd Samba made a sensational senior debut for Manchester City, scoring two goals and earning the man of the match award in their 5-0 League Cup victory over Norwich City.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Maratha quota activist Manoj Jarange has proceeded towards Mumbai despite police denying permission for his protest at Azad Maidan. Jarange, who has been on a hunger strike for 17 days demanding OBC quota for Marathas, is travelling with a small group amid tight security, citing a Bombay High Court ruling that supports democratic agitation. He also alleged a conspiracy to kill him.
The Enforcement Directorate conducted two-day searches across Chandigarh, Punjab, and Maharashtra, seizing mobile phones, laptops, and cash. This action is part of a money laundering investigation into a "fake" call centre accused of defrauding US citizens through spam emails.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
'...but should prepare for listing unless a court grants effective interim relief.'
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
Indian tennis player Sumit Nagal reflected on his gruelling three-hour Davis Cup loss to South Korea's Hyeon Chung, attributing the defeat to Chung's superior play, challenging court conditions, and missed opportunities. The loss contributed to India trailing 0-2 in the tie, with Nagal acknowledging the fine margins in the intense battle.
Australia Women 'A' defeated India 'A' by 30 runs in Mullanpur, securing an unassailable 2-0 lead in the three-match unofficial T20I series, largely thanks to Katie Mack's unbeaten 83.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
Heavy rainfall and swollen rivers have led to severe flooding in 15 districts of Bihar, affecting over 49 lakh people. Major rivers like the Ganga and Kosi are flowing above danger levels, prompting the deployment of disaster response teams and the establishment of relief camps and community kitchens for those displaced.
The Indian men's badminton team secured a medal at the Asian Games by defeating Japan 3-0 in the quarterfinals, highlighted by Lakshya Sen's incredible comeback victory. While the men celebrated, the women's team exited the tournament after a 1-3 loss to Japan.
The Indian Air Force has launched 'Dronathon 2026' at the Pokhran range in Jaisalmer, a three-day event showcasing advancements in unmanned aerial systems (UAS) and counter-UAS technologies by domestic manufacturers. The initiative aims to bolster the IAF's capabilities in the unmanned domain, align with the 'Atmanirbhar Bharat' objective, and assess indigenous technologies against operational requirements through live demonstrations. It also fosters interaction between the IAF, industry, and even students, promoting the development of scalable unmanned solutions.
A clerk at a private construction firm in Jharkhand's Giridih district was allegedly abducted and murdered after he refused to prepare inflated fuel bills, leading to the arrest of four individuals, including two company employees.
Trai has brought app-based spam calls under tighter regulations through new A2P call rules.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Four-time Formula One champion Max Verstappen showcased his racing prowess by overtaking 100 competitors in just 13 laps during the 'Max vs 100' go-karting event at Silverstone.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
Manipuri rower Tendenthoi Devi Haobijam expresses newfound confidence ahead of her second Asian Games appearance, attributing it to consistent team training, international exposure in Australia and Europe, and mentorship from her coach. She will lead India's challenge in the women's coxless four, aiming for a significant performance.
EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.
Brentford secured a historic 3-0 victory over Chelsea in a Premier League match, with second-half goals from Jaidon Anthony, Igor Thiago, and Fabio Carvalho. This marks Chelsea's third consecutive league game without a win and Brentford's first home win against Chelsea since 1938.
China has made a strong start at the Aichi-Nagoya Asian Games, with teenage swimmer Yu Zidi setting a new Games record and Olympic champion Pan Zhanle defending his title.
Michael Carrick faces his biggest test as Manchester United's permanent manager when rising expectations, an indifferent league start and last season's revival meet Manchester City in Sunday's derby.
'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.
IIT Bombay has removed Suryanarayana Doolla, Dean of Administrative Affairs, from his post and issued a public apology following the death by suicide of 22-year-old student Sahil Wakode, who his parents allege faced caste-based discrimination.
India, having already secured the T20 series against Afghanistan, is likely to experiment with its playing XI in the third and final match in New Delhi. This provides an opportunity for players like Vaibhav Sooryavanshi and others on the bench to get game time before the Asian Games, while Afghanistan aims for an improved performance to boost morale.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.
VAR Matt Donohue and Assistant VAR Blake Antrobus have been dropped from officiating Premier League fixtures after acknowledging an error in allowing Erling Haaland's winning goal for Manchester City against Manchester United.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
Eighteen-year-old Indian shooter Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games, marking his senior continental debut.
Noel Tata, chairman of Tata Trusts, has presented a proposal for the Shapoorji Pallonji (SP) group to sell its 18.37 per cent stake in Tata Sons for approximately 25,000 crore, aiming to address the SP group's liquidity needs without a public listing of Tata Sons.
Delhi Capitals are set to introduce a new coaching setup for IPL 2027, with Sourav Ganguly expected to take over as head coach, Chaminda Vaas as bowling coach, Yuvraj Singh as batting coach, and Amit Mishra also joining the team.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
