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HDFC Bank Group General Counsel Sudhir Kumar Jha has retired effective September 30, 2026, ending a 22-year tenure that helped shape the lender’s legal and compliance architecture. The bank said Jha will no longer be part of senior management, while Jigar Shah is set to take over as General Counsel from October 1, 2026.
India is moving toward a new merchant discount rate framework for UPI that is designed to fund the platform’s rising infrastructure costs rather than generate a broad-based windfall. The proposed charge will apply only to large-value person-to-merchant transactions above Rs 2,000, while small merchants and everyday consumer payments remain shielded from fees. The policy is aimed at preserving UPI’s low-cost reach while creating a revenue stream for banks and payment apps that support the ecosystem.
HDFC Bank Group General Counsel Sudhir Kumar Jha has retired effective September 30, 2026, ending a 22-year tenure that helped shape the lender’s legal and compliance architecture. The bank said Jha will no longer be part of senior management, while Jigar Shah is scheduled to take over as General Counsel from October 1, 2026.
The Technology Development Board has approved 22 projects in the first cohort under the government’s Rs 1 lakh crore Research, Development and Innovation Fund, industrialist Sudhir Mehta said on Monday. The projects account for Rs 4,744 crore in research and development spending, with Rs 2,192 crore committed from the fund, signalling an early push to deepen India’s innovation pipeline.
The Technology Development Board has backed 22 projects in the first cohort under the government’s Rs 1 lakh crore Research, Development and Innovation Fund, industrialist Sudhir Mehta said on Wednesday. The projects together involve Rs 4,744 crore in research and development spending and Rs 2,192 crore in funding from the RDI Fund, underscoring an early push to deepen India’s innovation pipeline.
Rekha Kudligi's journey from systems, software and aerospace to the screen is a story of reinvention, persistence and family support. After decades in engineering and a late start in theatre, she has emerged as a compelling presence in Kannada cinema with performances that have won praise for their emotional honesty and range.
Indian players Om Semwal, Rathika Seelan and Sanya Vats moved into the next round of the Singapore Classic, underlining a promising run for the country at the PSA Challenger event. Sandhesh Palanivel Ravikumar, however, exited in the opening round, highlighting the uneven start for India at the $15,000 tournament.
Noted cinematographer Shaji Kumar has died in Kochi at the age of 57 following cardiac failure, prompting an outpouring of grief from India’s film fraternity. His death marks the loss of a widely respected visual craftsman whose work helped shape the look and emotional texture of Malayalam cinema.
Noted cinematographer Shaji Kumar has died in Kochi at the age of 57 after suffering cardiac failure, according to reports from the city. His death marks a significant loss for the Indian film industry, particularly Malayalam cinema, where his visual style and technical craft were widely recognised. Kumar’s passing has prompted an outpouring of grief from colleagues and admirers across the entertainment sector.
Noted cinematographer Shaji Kumar died in Kochi on Monday at the age of 57 after suffering cardiac failure, prompting an outpouring of grief from India’s film community. Widely respected for his visual craft and long association with Malayalam cinema, Kumar’s death marks the loss of a technician whose work helped shape the look and emotional texture of numerous films.
Thiagarajan Kumararaja’s upcoming Tamil film, Pocket Novel, has locked its release date, sharpening anticipation around one of the more closely watched projects in the industry. The film brings together Vijay Sethupathi, Raj B Shetty, Malavika Mohanan and Kishore, a cast combination that signals both commercial reach and performance-driven ambition.
India’s World No. 42 Senthilkumar, the second seed, was knocked out of the men’s London Open squash quarterfinals after a straight-games loss to an opponent who controlled the key moments. The 11-13, 6-11, 7-11 defeat ended his run at the tournament and underlined the fine margins at the top end of the draw.
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