Boeing said in a company memo that senior vice president of global sales and marketing, Brendan McMullen, will retire, marking a notable leadership change in the aerospace giant’s commercial aircraft business. McMullen played a central role in steering Boeing’s sales effort through a difficult recovery after the 2024 mid-air door-plug blowout that intensified scrutiny of the company’s manufacturing and safety practices.
Genpact has said artificial intelligence will reduce routine workload in the IT services industry while also slowing the pace of job creation, underscoring a structural shift in India’s technology employment model. NV 'Tiger' Tyagarajan said the percentage addition of employees in India will not match past trends as companies demand a more skilled workforce to keep pace with rapid technological change.
The Supreme Court has held that a product’s tax classification must be determined by its physical form at the point of sale, not by how it may ultimately be used. The ruling came as the court dismissed revenue appeals seeking to classify Cadila Healthcare’s GRD Powder and GRD Mix as non-alcoholic beverages taxable at 10%.
Uchchaihshravas has emerged as the central talking point ahead of the Bold Venture Plate, a race that is drawing close attention from Indian racing followers and industry observers alike. The entry adds intrigue to a competitive card, with the contest expected to test form, pace judgment and finishing strength under pressure.
A new dance production, Endaro Mahanubhavulu, has turned one of Tyagaraja’s most revered kritis into a full-scale stage work, blending classical choreography, music, and visual design. Conceived by Dushyanth Sridhar and Anita Guha, the Chennai premiere framed devotion not as a static recital tradition but as a living performance language for contemporary audiences.
IDBI Bank reported a 39% year-on-year decline in net profit to Rs 2,205 crore for the second quarter, largely reflecting a one-off gain booked in the comparable period last year. On an adjusted basis, profit rose 14%, while asset quality improved, deposits and advances expanded at a healthy pace, and net interest margin strengthened sequentially to 4.11%.
The National Housing Bank has initiated a forensic audit of SRG Housing Finance amid allegations of dubious lending practices, including fictitious loans and discrepancies in repayment records. The probe will examine consumer data, loan origination processes and account-level documentation as regulators seek to determine whether fraudulent activity inflated the lender’s books.
Telangana Chief Minister A. Revanth Reddy has said he is prepared for any inquiry into the state’s imported coal procurement, while leaving it to BRS working president K.T. Rama Rao to decide the form of investigation. The remarks sharpen the political contest over alleged irregularities in the Yadadri thermal power project, where the chief minister accused the previous BRS government of trying to sideline Singareni Collieries and driving up costs by ₹37,781 crore.
Hamsadhwani’s latest Parampara Concert became both a tribute and a living archive of Carnatic music tradition, as Malladi Suribabu received the Sathguru Thyagaraja Hamsadhwani Award. The evening then unfolded into a family-led performance that brought together three generations of the Malladi musical lineage, underscoring the continuity of guru-shishya values and inherited artistry in Indian classical music.
DLF reported an 11% year-on-year rise in consolidated net profit to Rs 1,301 crore for the July-September quarter, supported by robust housing demand and strong sales bookings of Rs 3,800 crore. The real estate major also said its Aureva luxury retirement project in Gurugram has sold out, underscoring continued appetite for premium residential assets and its ability to maintain a strong net cash position.
Finance Minister Nirmala Sitharaman said India and the United States should conclude their trade pact at the earliest, arguing that an early agreement would serve the wider interest of global trade. Her remarks come as Commerce and Industry Minister Piyush Goyal said the first phase of the deal has already been finalised and is now undergoing legal drafting.
Indian equities opened on a wobbly note as benchmark indices struggled for direction amid mixed sectoral cues and stock-specific rotation. Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki led gainers in the Sensex pack, while ONGC, Axis Bank, Mahindra & Mahindra, Bajaj Auto and Hero MotoCorp weighed on the index.
At TechSparks 2026, veteran academic and technology policy voice Prof. Ashok Jhunjhunwala argued that India has the capability to build any technology it chooses, provided the country backs entrepreneurs willing to take risks. He called for a decisive shift away from an exam-centric education culture toward entrepreneurship, edge computing, and collaborative consortia linking scientists with startups to solve local problems.
A fresh breaking development in Indian cricket has put the sport’s fragile integrity framework back under the microscope, with early indications pointing to a possible tip-off that helped expose a small but troubling breach. While the full scope remains under investigation, the episode underscores how even minor infractions can expose deeper vulnerabilities in the game’s governance and betting-sensitive ecosystem.
Brent crude climbed above $110 a barrel for the first time since May as attacks linked to the Iran-Israel conflict intensified concerns over shipping through the Strait of Hormuz and broader supply security. At the same time, renewed Ukraine-Russia hostilities around energy infrastructure added to market anxiety, pushing WTI higher and lifting weekly oil gains above 10%.
India’s Commerce Minister Piyush Goyal said legal drafting is under way for a prospective trade agreement with the United States, but stressed that the pact will be operationalised only when India secures a clear competitive advantage. His remarks come as Commerce Secretary Rajesh Agrawal said negotiations are moving in the right direction, signalling cautious progress without a formal breakthrough.
The Indian Institute of Tropical Meteorology has convened the first stakeholder consultation for the Climate Science to Services for India Framework, or CSIF, marking an important step toward translating climate research into operational public services. The initiative is designed to strengthen decision-making across sectors by improving the usability, accessibility, and relevance of climate information for India’s policy and development needs.
Theatre group Ank is commemorating its golden jubilee with a new production that returns to one of coastal India’s most formidable historical figures, Veera Rani Abbakka. The play, Veera Rani Abbakka: The Queen of the Seas, The Flame of Ullala, is written, directed and headlined by Priita Mathur Thakur, and positions the 16th-century warrior queen as both a historical icon and a contemporary cultural symbol.
Writer Anjana Nayar has offered a detailed account of how the Malayalam series 'Eyes' came to be, framing the project as the product of instinct, structure and sustained collaboration. She also spoke about working alongside her husband Sanjay, of the writer duo Bobby-Sanjay, underscoring how the series reflects both individual authorship and a shared creative process.
Indian banks are entering the next few quarters with asset quality still broadly stable, but a new report warns that higher crude oil prices and an uneven monsoon could weaken borrowers’ repayment capacity. The risk is not an immediate deterioration in credit costs, but a gradual squeeze on profitability, margins and loan performance if external pressures persist.
“Whalefall” is a claustrophobic survival thriller that transforms a wildly improbable premise into a palpably real ordeal. Anchored by Austin Abrams’ intensely physical performance, the film uses the belly of a whale as both a literal prison and a spiritual reckoning, folding in themes of forgiveness, grief and the difficult work of letting go.
Analysts say Fairfax Financial Holdings’ premium for IDBI Bank is justified by the lender’s strategic fit, branch reach and deposit franchise in India. The deal is viewed as a platform that could deepen Fairfax’s banking presence and support a broader, more diversified financial ecosystem over time.
Avinash Arun’s 'Prahaar: The Ujjwal Nikam Story' arrives with clear intent and a strong central idea, but the film is caught between its artistic aspirations and commercial instincts. Sumit Roy’s writing gives the drama a meaningful spine, yet the execution often blunts its impact, leaving a film that is thoughtful but uneven.
PL Capital is urging investors to temper expectations of a sharp rebound after the Nifty’s eight-week losing streak, arguing that a V-shaped recovery is unlikely in the current market environment. Even so, the brokerage has identified eight small and midcap stocks, including CESC, Amber Enterprises and Healthcare Global, that it believes could deliver upside of 13% to 50%.
Pune Police have booked Roppen Transportation Services Pvt Ltd, the parent company of ride-hailing platform Rapido, over allegations that it operated bike-taxi services without the required licence. The case adds fresh regulatory pressure on one of India’s most visible mobility startups, at a time when the bike-taxi model remains under scrutiny across several states.
India posted a sharply stronger balance of payments surplus of $45.4 billion in August, reversing a $5.6 billion deficit a year earlier even as the current account remained in deficit. The swing was driven by a jump in capital-account inflows to $50.6 billion, alongside higher net transfers, underscoring the impact of policy measures aimed at attracting foreign currency into the financial system.
Endurance Technologies’ initial public offering opened on Wednesday with the Aurangabad-based auto components maker seeking to raise nearly Rs 1,162 crore at the top end of its price band by selling a 17.5 percent stake. The issue, which closes on October 7, follows a strong anchor book placement of Rs 348.52 crore, but investors are now assessing whether the company’s operating strengths justify the asking valuation amid a mixed automotive demand backdrop.
Ankita and Venkatram produced record-breaking performances at the National Open, underlining the event’s growing status as a proving ground for India’s next tier of elite athletes. Their marks not only reset meet standards but also sharpened the competitive narrative around depth, consistency, and the rising quality of domestic competition.
The Telangana recruitment process for Assistant Public Prosecutors has moved into its next phase after the written examination results were formally declared. Certificate verification for shortlisted candidates is scheduled for October 17, marking a critical step before final selection.
The development underscores the state’s ongoing effort to fill key legal posts through a structured merit-based process, with candidates now required to present original documents to establish eligibility and credentials.
Rahul said he stayed true to his natural method in the latest outing, underscoring his identity as a red-ball cricketer even as modern demands continue to blur format boundaries. His remarks carry added weight in a period when India’s selectors and team management are closely watching technique, temperament and adaptability across formats.
Tonbo Imaging’s ₹852 crore initial public offering was subscribed 7.78 times by the end of Day 2, underscoring strong investor appetite for defence technology and deep-tech manufacturing plays in India. The response suggests the market is rewarding companies positioned at the intersection of national security, electronics, and export-linked growth.
Tonbo Imaging’s initial public offering has drawn a strong market response, reflecting investor appetite for defence technology at a time of rising global conflict and military rearmament. Yet the enthusiasm is tempered by a harder question: whether the company’s growth trajectory, margins and execution can justify the valuation implied by the issue.
The Astana International Financial Centre is exploring a partnership with India’s GIFT City, a move that could strengthen cross-border financial services and investment flows between Kazakhstan and India. The initiative reflects AIFC’s push to leverage regional proximity, expand its international reach and build on its growing role in sustainable finance and digital assets.
Artificial intelligence critic Gary Marcus has warned that a collapse in leading AI companies could ripple far beyond Silicon Valley and into the broader financial system, potentially echoing the kind of stress seen during the 2008 banking crisis. He argued that the market’s current enthusiasm for AI may be masking fragile economics, with OpenAI’s fiscal obligations and the role of major backer Microsoft now under sharper scrutiny.
SC Delhi head coach Tchorz has set a clear benchmark for the club in the Indian Super League: a finish inside the top six. The target signals ambition, but it also reflects the competitive reality of a league where consistency, squad depth and game management often decide who survives the long campaign and who slips away from the playoff race.
Canada’s Fairfax Financial Holdings, Japan’s Mitsubishi UFJ Financial Group and UAE lender Emirates NBD have recently deepened their exposure to India’s financial sector, underscoring a sharp rise in foreign appetite for domestic banking and lending assets. The combined wave of acquisitions and strategic investments points to a market that global institutions increasingly view as one of the most attractive growth stories in Asia.
Indian exporters are preparing consignments ahead of the launch of the India-New Zealand free trade agreement, with industry players positioning for duty-free access in sectors where New Zealand’s tariffs are materially higher than its average rate. While New Zealand’s average tariff is only about 1.9%, India expects the strongest gains in textiles, leather, footwear, automobiles, auto parts and chemicals, where tariff elimination could improve competitiveness and order flows.
A committee has been formed to ensure the continuation of the Hockey India League, a move that signals both urgency and intent to preserve one of Indian hockey’s most important commercial and developmental platforms. The decision comes at a time when the league’s long-term structure, financial viability, and calendar fit remain central questions for the sport’s administrators.
The Union Cabinet has cleared the long-awaited sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings for Rs 52,878 crore, marking a major step in India’s banking-sector divestment programme. The transaction is expected to advance the government’s disinvestment agenda while reinforcing the lender’s turnaround after a sustained improvement in asset quality.
The scheduled races in Hyderabad on October 13 have been cancelled, marking a sudden disruption in the city’s sporting calendar and raising questions about event preparedness, stakeholder coordination and the immediate impact on participants and spectators. While the cancellation details remain limited, the decision underscores the operational fragility that can confront live sporting events when logistics, permissions or safety considerations shift at short notice.
Yes Bank is reviewing its legal and strategic options after the Supreme Court upheld a Bombay High Court ruling that quashed the lender’s March 2020 write-down of Additional Tier-1 bonds. The judgment keeps alive a long-running dispute over creditor rights, bank resolution powers and the treatment of hybrid capital instruments in India’s banking system.
Few film composers captured the cultural rhythm of 1990s Tamil Nadu as completely as Deva, whose music became inseparable from the decade’s cinema, street life, and popular memory. Long after the era passed, his songs remain an evergreen archive of mass appeal, melody, and unmistakable local flavour.
A new wave of healthcare technology is moving from laboratory concept to commercial scale, with sensors, wearables, 3D-printed skin, reconstructed organs and AI-driven clinical trials reshaping how care is delivered and financed. For investors, the opportunity is broadening beyond medtech hardware into data platforms, personalized medicine and the infrastructure that supports faster, cheaper and more precise treatment.
Magicbricks has appointed Mayank Jain as its chief executive officer, placing him in charge of steering the property platform through its next phase of business transformation. His mandate includes improving operational and financial performance while strengthening the company’s position in India’s fast-evolving real estate ecosystem.
India’s markets regulator has proposed a broad rewrite of the rules governing SME initial public offerings, aiming to curb speculative listings and strengthen investor protection. The changes, if adopted, would raise the bar on profitability, disclosure, and post-listing compliance for smaller companies seeking access to public capital.
Fairfax Financial Holdings is preparing to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, a move that could create a diversified financial-services platform spanning banking, insurance, investment banking and wealth management. The proposed restructuring follows Fairfax’s selection as the strategic buyer for a 60.72% stake in IDBI Bank for about Rs 52,878 crore, underscoring its intent to build a broader India-focused financial franchise.
Mayank Yadav’s second T20I outing underlined why India are so intrigued by his pace: he kept it simple, bowled fast and forced the opposition to react. The young quick showed a clear understanding of his role, turning raw speed into a tactical weapon in a format that rewards clarity as much as velocity.
The Reserve Bank of India will raise the minimum daily maintenance requirement for banks’ cash reserve ratio to 99% from 90%, beginning with the fortnight starting October 16, 2026. The move removes a layer of operational flexibility and is aimed at absorbing excess liquidity from the banking system, signalling a firmer stance on short-term money market conditions.
Indian banks have sought detailed clarification from the Reserve Bank of India on the implementation of its new foreign exchange support measures, according to people familiar with the matter. Lenders want guidance on how to calculate the foreign exchange risk reserve, whether the treatment of cash reserves affects liquidity ratios, and how the measures will influence customer pricing and exposure limits.
Congress leader Rahul Gandhi on Wednesday sharpened his attack on the Centre and the Election Commission, saying the “repair of democracy” would begin once Chief Election Commissioner Gyanesh Kumar and the Modi government were gone. His remarks came a day after he told INDIA bloc MPs that the government would fall if the Opposition sustained its campaign.
