23 C 
Swiss Re sees India commercial insurance as key growth opportunity
The move centres on a partnership entered with Bajaj General Insurance in August. The two companies will offer risk-management solutions and international insurance programmes to Indian corporations.
ET Exclusive: Venu Srinivasan seeks probe into Tata Trusts over alleged governance lapses
Venu Srinivasan, trustee of the Tata Trusts, has called for an inquiry into alleged governance lapses. He raised concerns over trustees' involvement in Tata Sons' commercial affairs and their decision-making processes. Srinivasan questioned the status of Noel Tata and other trustees regarding significant decisions. He sought to prevent Noel Tata from exercising voting rights on matters related to Tata Sons.
Noel Tata hopes Tata Sons, RBI find common ground; says merger proposal can help avoid listing
Tata Trusts chairman Noel Tata said the proposed restructuring would transform Tata Sons into a holding-plus-operating company while addressing regulatory concerns
Jobs in line as IRDAI commission caps force insurance brokers to rethink models
Facing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pivot might cause a staggering loss of over 100,000 jobs as the industry reduces reliance on fixed sales teams. Brokers are expected to embrace more flexible cost structures and optimize sales output. Unfortunately, smaller brokers lack the established client base needed to weather these changes, risking their operational sustainability.
Tata Sons shake-up could hit Tata Group credit ratings, S&P warns
S&P Global Ratings has indicated that upcoming changes within the Tata Group may affect credit quality. The agency pointed out that leadership transitions could challenge the continuity of the group's strategies and financial policies. Significant growth plans exist for various Tata companies, emphasizing their importance to Tata Sons. A potential public listing of Tata Sons might introduce public shareholder scrutiny and impact group support assessments.
Reliance goes ahead with 12,000 crore bond issue amid rising borrowing costs
Reliance Industries is moving forward with its bond issue of 12,000 crore, offering a 7.9% coupon rate. In contrast, Sagarmala Finance canceled its bond sale after receiving bids above its targeted interest rate. Adani Airports previously raised 1,000 crore at a rate of 8.96% for three years. Several companies, including Sidbi, have withdrawn bond auctions due to unexpected higher borrowing costs.
12% deficit: Rain report gives a dry reading
The impact is showing in commodity markets: prices of several pulses are up amid crop concerns and festive demand. Maharashtra has declared drought across large parts, and Karnataka is facing similar conditions.
Social Security Benefit Increase 2027: What to know about the next COLA
Social Security recipients are awaiting the official 2027 cost-of-living adjustment, which is set to be revealed by the Social Security Administration on October 14. The Senior Citizen League currently projects a 3.5% increase, which would be higher than the 2.8% adjustment for 2026 and 2.5% increase for 2025. If that estimate becomes official, the average monthly benefit of $1,940 would rise by around $67.90 to almost $2,007.
Curative plea challenges SC's split verdict on poll panel appointment law
A curative petition has been filed in the Supreme Court amid challenges to the appointment of election commissioners. This petition questions a prior split verdict regarding the Election Commission of India's appointment process. The petitioners argue that the previous judgment raises fundamental issues about the independence of the Election Commission.
Goldman Sachs and BNP Paribas divested 68.33 lakh shares of BSE through bulk deals on the NSE. The combined sale amounted to approximately Rs 2,186.44 crore and occurred before BSE's entry into the Nifty 50 index. UTI Mutual Fund and Nippon India Mutual Fund purchased a total of 52.43 lakh shares of BSE. BSE shares ended 3.31% higher at Rs 3,200, reflecting significant market interest.
Top court quashes arrest of Sambhal violence accused, fines UP government 10 lakh
The Supreme Court declared Mulla Afroz's preventive detention under the National Security Act as illegal. The court found that an alleged confessional statement could not solely justify the detention. Justices highlighted the need for considering surrounding circumstances before issuing such orders.
New Delhi [India], September 29: Ahead of the festive season Ai+ Smartphone today announced its portfolio expansion with the launch of Pulse 2 FE, NovaTab and LapTab, bringing three new technology experiences to consumers across communication, learning, entertainment and productivity.
India Inc's legal bill swells as global ambitions grow
As Indian companies expand overseas, a more fractious global geopolitical environment is exposing them to a wider web of sanctions, trade restrictions, data rules and regulatory regimes, making legal advice an increasingly key part of managing cross-border risk.
World Labs Fei-Fei Li Is Worth $1.6 Billion After AMD Deal
World Labs sale to Advanced Micro Devices Inc. caps a rapid ascent for the two-year-old AI startup and is set to boost co-founder Fei-Fei Lis wealth by more than half.
New Delhi [India], September 29: International School of Design (INSD), one of India's Largest Design and Aviation Institute, received two prestigious awards at the 15th National Education Excellence Conclave, organised by the Centre for Education Growth and Research (CEGR) at Hotel Eros, New Delhi. At a distinguished ceremony attended by eminent personalities from the education, skilling and public policy sectors, INSD was recognised with two awards - Best Design Institute in India 2026 and India's Most Promising Aviation Academy 2026 for its latest initiative, INSD Aviation.
Hope RBI engages with us to find a solution to avoid Tata Sons listing: Noel Tata
Tata Trusts Chairman Noel Tata said the proposed reorganisation of Tata Sons complies with RBI guidelines and could help avoid a stock market listing. He urged the RBI to engage with Tata Trusts and find a solution to the listing requirement.
NCLAT issues notice to creditors on Subhash Chandra's plea; sets next hearing for October 29-30
A three-member Bench of NCLAT also granted a week's time to Subhash Chandra to file a rejoinder to the creditors' reply
Who is Neeraj Jain? Bengaluru-based Social Alpha, which backed 450 startups, gets new CEO
Former PATH regional head to lead Social Alphas next phase of innovation and scale.
WhatsApp Business users face new messaging charges from October 1: Will customers also pay?
The company has announced a new pricing structure for businesses using the WhatsApp Business Platform in India, which will come into effect from October 1, 2026.
CPP Investments invests 3,000 cr in Prestige Hospitality Ventures
Canada Pension Plan Investment Board has acquired a 27% stake in Prestige Hospitality Ventures for 3,000 crore, marking its first direct investment in India's hospitality sector to support expansion, following Prestige's withdrawal of its planned IPO.
Faster launches, more job cuts? New Apple CEO John Ternus pushes for sweeping changes
Apple CEO John Ternus plans to speed up product development by launching more frequently and reducing management layers. Key changes include moving product launches throughout the year.
Nithin Kamath questions Indias 2% CSR rule and suggests raising corporate tax to 27% from 25% to fund social programmes.
YouTube Indias creative ecosystem contributed over 18,000 crore to GDP in 2025
The creator community has expanded significantly, with 73% of creators relying on YouTube for income, while the platform implements safeguards for younger audiences.
IBA forms panel with bank unions to discuss five-day work week demand
The constitution of the committee now provides a formal forum for the IBA and bank unions to continue discussions specifically on the implementation of a five-day banking week.
SC limits Fortis forensic audit, bars 'fishing and roving' bank inquiry
Supreme Court says the forensic audit must remain confined to transactions involving Fortis Healthcare, its holding company, judgment debtors and concerned banks
Noel Tata says Tata Sons' proposed restructuring complies with RBI rules, could avoid listing
Tata Trusts, led by Noel Tata, has proposed merging two companies with Tata Sons to prevent a public listing. This restructuring aims to address new Reserve Bank of India requirements without exposing Tata Sons to market scrutiny. By enhancing the revenue composition, the Trusts believe they can change Tata Sons' regulatory classification. The plan requires RBI approval and seeks to preserve the group's ownership structure while maintaining philanthropic efforts.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Niftys indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, before recovering sharply. Analysts cited crude volatility, high US Treasury yields, FII outflows, IPO fundraising and geopolitical tensions as key market pressures.
Nuclear energy is the only clean, reliable 24x7 source of base load power
Kirill Komarov of Russias State-owned nuclear energy corporation Rosatom, says Indias goal to achieve 100 GW of installed nuclear energy capacity in 20 years is ambitious
Target in India expands presence with new office in Bengaluru campus
Target in India has been delivering tech-powered retail solutions across Targets business including merchandising, supply chain, fulfilment, stores, cybersecurity, digital and marketing
OpenAI shelves GPT-6.1 Astra over safety concerns, halts October release
Model reportedly struggled with staying within authorised scope and accurately communicating its actions, even as rival Anthropic warns investors of potentially catastrophic AI risks
Sun Pharma plans 10,000 crore bond sale to refinance Organon acquisition loan: Report
The country's largest drugmaker by market capitalisation closed a syndication of a near-$12 billion, 18-month bridge loan earlier this year for Organon's acquisition. The syndication also included State Bank of India, the country's largest lender by assets.
Doctor visits, shopping, emails: Survey finds how employees are rewriting the 9-to-5
Doctor visits, personal emails and shopping are among the tasks employees handle during work hours, a survey finds.
KKR buys majority stake in Cisternina Logistics
The KKR investment will support Cisterninas proposed acquisition of Ganesh Benzoplast Ltds liquid storage terminal and rail business, as well as its expansion through further inorganic plans and the development of new storage infrastructure across India.
You lied to the House: Grassley calls out Jack Smith over Arctic Frost probe & weaponizing DOJ
Chinese trader says Indian customers are very hard to deal with: Video sparks debate
Chinese electronics trader Jay Chens comments about working with Indian buyers have triggered an online discussion about international sourcing practices. Chen said some prospective customers negotiate heavily on prices and request samples, while also mentioning concerns among some sellers about fraudulent buyers. Indian users responded by discussing price comparisons, quality checks, factory visits and their own experiences with Chinese suppliers.
Haryana brings Delhi-Panipat-Karnal Namo Bharat corridor under TOD policy: What it means
The project is estimated to cost between 33,000 crore and 34,740 crore. Haryana will contribute its approved share towards the project in phases.
Tata Sons revamp could help avoid stock listing: Tata Trusts chairman
The chairman of Tata Trusts said the charity's proposed reorganisation of Tata Sons complies with RBI guidelines and could spare the salt-to-software conglomerate a stock market listing.
NCLAT seeks creditors' response to Subhash Chandra plea against NCLT order
Appellate tribunal seeks replies within a week and will hear interim relief pleas on October 29-30; Chandra challenges NCLT's September 1 order
'Unnatural protein made in Chinese lab': McCulloughs explosive COVID vax claim at Allison Inquiry
Siang project not just hydropower, vital for national security: Arunachal Pradesh CM Pema Khandu
Arunachal Pradesh chief minister Pema Khandu said that the Siang Upper Multi-Purpose Project should not be viewed merely through the prism of a conventional hydropower project, but as a national project with wider strategic and security implications.
What led to a price cut for this famous actor's extravagant mansion in Bel Air? At nearly $5 million loss, the estate was sold to mining billionaire Robert Friedland in December 2020 for $16 million.
A GoFundMe campaign aimed at assisting a Texas couple with medical bills was taken down after it was revealed that their daughter, the organizer, had falsified her identity. Don Johnson, who was working to cover his wife Josephine's pancreatic cancer treatment, saw the funds raised vanish as GoFundMe refunded all contributions, stressing the necessity of transparency in fundraising practices. The couple regrettably did not benefit from the donations collected.
Amazon starts focusing on large enterprise segment in B2B
For Amazon Business, overall sales are growing at 65 per cent in terms of value, with a five-year CAGR of 40 per cent
Britannia names N Venkataraman deputy MD, Ramamurthy Jayaraman CFO
Venkataraman currently serves as CFO, while Jayaraman is vice-president of corporate finance and has been with Britannia for 15 years.
Tata Electronics grows into strategically important arm of the Tata Group
From assembling iPhones to building semiconductor facilities, Tata Electronics has grown rapidly, with revenue rising from 1.9 crore in FY22 to 1.31 trillion in FY26
Ultraviolette to launch 100V-powered Shockwave electric motorcycle in Q1 2027
The move expands the companys new high-voltage architecture beyond the Tesseract electric scooter
We do not believe in just creating employment but making it high value, says Elgi Equipments MD
Varadaraj was speaking at the 190th Chamber Day Celebrations of the Madras Chamber of Commerce & Industry (MCCI)
IHH plans to raise stake in Fortis to 51% after SC's forensic audit order
IHH says India remains a key strategic market as it plans to deepen its Fortis investment, despite a Supreme Court-ordered forensic audit into past transactions
SBI seeks clarity on bank accounts under proposed FCRA rules
State Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Officials raised concerns about gaps in foreign donation handling when registration lapses occur. They suggested that clear banking procedures be established for affected organizations. The bill proposed transferring compliance responsibilities to a government-designated authority in certain cases. Opposition parties criticized the bill for potentially disadvantaging minority groups and impacting foreign funding for NGOs.
Market Trading Guide: Adani Ports, Rashi Peripherals among 6 stock recommendations for Wednesday
NCLAT disposes of ADAVL appeal against IIHL over Reliance brand
The appeal followed ADAVLs earlier plea before the NCLT and subsequent proceedings over the companys brand name after its takeover.
Cleartrip bets on holidays for growth; targets high-single-digit share
The platform is trying to build a new revenue engine around holidays after spending nearly two decades scaling its air and hotel businesses
Lloyds Enterprises settles listing rule violations case with Sebi
Sebi has settled a case involving Lloyds Enterprises and former executives Rajesh Rajnarayan Gupta and Viresh Shankar Sohoni after Rs 4.16 crore was paid. The matter involved alleged disclosure, accounting and market conduct violations concerning Rs 144.82 crore in advances.
Tata Trusts restructuring proposal could lead to merger of its two iPhone making units
Tata Trusts is hopeful that the merger will keep Tata Sons outside the purview of RBIs regulatory framework for NBFC-UL
CleanMax, Nuvoco to build 46.4 MW wind-solar hybrid plant in Rajasthan
The project combines 20 MW of wind and 26.4 MWp of solar capacity, supported by a 2 MWh Battery Energy Storage System
Strong growth for NEDFI during FY 202526
NEDFI maintained a strong financial performance during the year, with gross income growing by 4.40% to Rs. 270.82 crore. Interest income increased by 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore.
Invention in Recyclable Footwear gets India's VKC a new patent
New Delhi [India], September 29: India's VKC was granted a patent for an invention entitled 'Recyclable Article of Footwear' by The Patent Office, Government of India for its group company VKC Footgear Pvt. Ltd. The patent certificate was granted under Rule 74 of The Patents Rules.
Tata Trusts within right to seek merger, but Tata Sons can challenge: Lawyer
The proposed restructuring aims to take Tata Sons out from NBFC/CIC framework. Whether that objective could be achieved depend on final structure and RBIs assessment, not on unilateral decision by Tata Trusts or Tata Sons
Rosatom in talks with Adani Group, RIL, NTPC for nuclear power push in India
The Russian nuclear energy giant believes private participation will allow more companies to invest, build capacity in the sector
Anuj Rathi named next HSBC Mutual Fund CEO
Anuj Rathi is expected to take over as CEO this year, allowing him to work with Kailash Kulkarni, who is retiring early next year.
IHH plans to raise Fortis stake to 51%, expand capacity to 10K beds by 2031
Malaysia-based IHH Healthcare has announced plans to hike its stake in Fortis Healthcare to 51 per cent over the next three to five years and expand total capacity to around 10,000 beds by 2031. The statement follows the Supreme Court's decision on September 25, 2026, disposing of Fortis Healthcare's special leave petition (SLP) that challenged a Delhi High Court order requiring a forensic audit and certain observations made concerning the company. As per a BSE filing by Fortis Healthcare, an IHH statement said that it will fully cooperate with the forensic audit and expressed confidence that an independent review will objectively establish the facts surrounding its 2018 investment. Reaffirming its long-term commitment to the Indian market, IHH said it intends to deepen its footprint and ramp up investments. Over the next three to five years, we plan to increase our stake in Fortis to 51 per cent, further integrate our Fortis and Gleneagles platforms, and expand our capacity to
Amazon Business sales grow 65% in India, bulk orders in West Bengal surge 80%
The B2B platform is expanding its seller base, infrastructure and technology while targeting wider procurement access for businesses across India.
Travel demand holds firm despite steep rise in airfares: Cleartrip
Southeast Asia, particularly Vietnam, Indonesia, the Philippines, and Thailand, has emerged as a faster-growing international region
NCLAT seeks creditors replies on Subhash Chandras plea against the NCLT stay; hearing on Oct 29-30
Chandra is challenging a September 1 order of a five-member special bench of the NCLT
Percept Live Unveils the Debut Edition of 'Aaj ka Scene'
Mumbai (Maharashtra) [India], September 29: Percept Live has announced the launch of 'Aaj Ka Scene', its newest original Intellectual Property celebrating the energy, creativity and culture of hip-hop. The debut edition of this new youth-focused property will take place on 31 October and 1 November 2026 at Phoenix Marketcity at Kurla, Mumbai, bringing together established artists, emerging talent and the next generation of hip-hop creators on one dynamic platform.
Global shares mixed after Wall Street dips; oil prices stabilise
U.S. futures edged lower and oil prices stabilised over uncertainties about U.S.-Iran talks and the possible reopening of the Strait of Hormuz, a crucial route for global oil shipments
Skoda Auto India to hike car prices by up to 1.2% from October 1
The price revision will vary across models and variants, affecting Skodas India portfolio including Kylaq, Slavia, Kushaq, Kodiaq and Superb
ZEISS Group sees Indias tough operating terrain as global test lab
For ZEISS, Indias toughest conditions may become the proving ground for some of the worlds most resilient precision technologies; Chennai facility would go beyond being an R&D centre to become part of its global innovation network
The signal-free route between East Delhi and AIIMS is expected to reduce travel time to around 1520 minutes. However, during peak hours or heavy traffic, commuters may take 3040 minutes.
RBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: Report
The Reserve Bank of India is projected to increase its repo rate by 25 basis points in October and December. Inflationary pressures, primarily from food and energy prices, are influencing this expected change. Nomura forecasts consumer inflation rising before gradually declining over the next few quarters. Economists predict this rate cycle might be relatively short due to potential consumption slowdowns.
Rabi 2026 target set at 178 MT as Centre steps up preparedness for El Nino, crop losses
The Centre has also assured states of adequate availability of fertilisers, certified seeds and financial resources for the 2026-27 rabi season.
Will fans ever see Taylor Swift's wedding pictures? Dakota Johnson has bad news
Swift and Kelce tied the knot at Madison Square Garden in New York City on July 3, 2026. The singers publicist later confirmed the marriage. Adam Sandler officiated the ceremony. Swift chose her brother, Austin, as her man of honor, while Jason Kelce served as best man.
MIPIM x Indianmedia.biz brings Real Estate Leaders together to unlock Global Capital
Mumbai (Maharashtra) [India], September 29: Leading real estate developers, investors, researchers and industry stakeholders came together for an exclusive, closed-door Real Estate Leadership Roundtable, 'Unlocking Global Funds: The India Capital Surge', presented by MIPIM and RX France and powered by Indianmedia.biz, held at Sofitel Mumbai BKC on the evening of 25 September.
Asian Games 2026: Gulveer Singh completes medal hat-trick with 5000m bronze
Gulveer Singh added a bronze medal to his achievements in the mens 5000m at the Asian Games. This performance brings his total medals to three, including two silver medals from earlier events. He joins the ranks of only a few Indian male athletes with this accomplishment in track and field. Additionally, he holds the national record for the 5000m event, solidifying his status.
Quote of the Day by Harrison Ford delves into the courage to embrace change and start a fresh chapter at any stage of life. It indicates that the need to make meaningful transformations is not restricted and people should be free to switch for new directions.
NCERT's new Class 9 textbook highlights women rulers and resistance movements in Indian history
The National Council of Educational Research and Training released a new Class 9 Social Science textbook recently. This textbook highlights women rulers, including Queen Naiki Devi and Rani Abbakka Chowta, among others. It also covers resistance movements against foreign invasions, detailing significant episodes in Indian history. The textbook emphasizes the contributions of both male and female leaders during these crucial events.
Recent statistics indicate a worrying rise in heart disease among younger individuals in India. Unexpected incidents have occurred where seemingly healthy individuals present with alarming symptoms, necessitating immediate surgeries despite absence of common risk factors. Factors like uncontrolled diabetes are significant contributors to this alarming trend, emphasizing the urgent need for greater awareness of cardiovascular health in the younger population.
Delhi winter pollution plan: No PUC, No Fuel , WFH, Parking charges, vehicle curbs - Explained
Sugs Lloyd secures 2MW solar power project from The Golden Temple, Amritsar
India explores Chinas Hotan corridor as Pakistan airspace ban drags on
For Indian carriers, Air India and Indigo, the closure has meant longer routings for several international services, particularly those connecting northern India with Europe and North America.
Telecom operators in India can now combat spam calls more effectively under TRAI's new regulations. They can take action without consumer complaints, including barring spammers from services and reporting them to law enforcement.
The US will exempt select Indian specialty drugs and their ingredients from a new 100% pharma tariff. Heres what products qualify and why.
Japan stocks extend losses as higher yields and oil prices weigh on sentiment
Global bond yields remained elevated as investors worried that higher energy prices could keep inflation strong and lead to tighter monetary policy. Oil prices also moved higher after doubts emerged over the chances of an agreement between the US and Iran before the US midterm elections in November.
China stocks edge higher as hopes of fiscal support improve sentiment
Investors are expecting government bond issuance to pick up in the fourth quarter. Local governments had used 81% of their special bond quota in the first nine months of 2026, while the State Council may allow unused borrowing quotas from earlier years to be tapped. This could lead to more debt sales and provide additional fiscal support.
Bondada Engineering secures multiple orders worth Rs 146.90 cr
Bondada Green Engineering, a subsidiary of Bondada Engineering, has received an order for the supply of 200 Telecom Towers under the BSNL 40GBT project in Gujarat.
Kolkata (West Bengal) [India], September 29: NIPS Institute of Hotel Management has been recognised as the No. 1 Private Hotel Management College at the Times Now Leaders of Excellence - East 2026, marking a significant milestone for the institute and its continued contribution to hospitality education.
PB Fintech sinks 43% in four sessions as IRDAI proposals spark concerns
PB Fintech slumped 6.11% to Rs 1,081 on Tuesday, extending its decline to 42.69% in four trading sessions.
Nifty September futures trade at a discount
HDFC, Reliance Inds and Infosys were top traded contracts.
Chandukaka Saraf Enters Its 200th Year, Bringing a 200-Year Legacy Closer to Gen Z
Pune (Maharashtra) [India], September 29: For 200 years, jewellery has been part of Chandukaka Saraf's story. Today, the brand is looking at how the next generation wants to wear it.
Benchmarks tumble for 2nd day; consumer durables shares plunge
Consumer durables, realty and IT shares declined while metal, pharma and media shares advanced.
