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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
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
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
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
Britannia elevates N Venkataraman to deputy MD, names Jayaraman as CFO
N Venkataraman will oversee finance, strategy, legal, secretarial and IT functions, while Ramamurthy Jayaraman will take over as chief financial officer from October 1
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
Lloyds Enterprises settles Sebi case over 144.82 crore advances
Lloyds Enterprises has paid 1.28 crore, while former managing director Rajesh Rajnarayan Gupta and chief financial officer Viresh Shankar Sohoni have each paid 1.44 crore. The applicants settled the proceedings while not admitting guilt.
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
Nifty sees worst September series in 25 years. What does October hold?
Nifty posted its worst September derivatives series in 25 years, falling 6.7% and breaching its 200-week moving average. Foreign selling, elevated crude, a weak rupee and rising bond yields pressured equities, while analysts flagged 22,600 as a crucial support level.
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.
Change in Tata structure could affect rating, says S&P
The leadership transition or changes in the group structure or stakeholder priorities may raise questions around the continuity of the group's strategy and financial policy, and the likelihood of group support over the longer term, the rating agency said.
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.
'How would we know who idiots are?': Kennedy torches 'Hamas wing of Dems' Mamdani, AOC & El-Sayed
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
WWE wrestler Pac death reason: New details emerge about Benjamin Satterleys final moments
Benjamin Satterley, beloved as Pac from WWE fame, tragically passed away at just 40 years old. His body was discovered unresponsive in a parked car near a restaurant in Illinois on September 27. Just a day earlier, he had showcased his talent at AEW All Out, leaving fans in disbelief over his sudden departure.
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.
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.
Coal India inks MoU with Hindustan Urvarak & Rasayan for coal gasification project
Coal India said that it has executed a non-binding memorandum of understanding (MoU) with Hindustan Urvarak & Rasayan (HURL) for exploring the development of a coal gasification based Urea Production at Sindri, Jharkhand.
Top TV executive urges government to lift BARC ratings suspension ahead of festive season
Kevin Vaz, CEO of entertainment at JioStar, said at FICCI FRAMES that the blackout of viewership data since 3 July is disrupting ad planning for broadcasters and agencies during peak festive campaigns.
NCLAT issues notices to creditors on Subhash Chandra's insolvency plea
The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to creditors on a plea filed by Essel Group Chairman Subhash Chandra and scheduled the matter for hearing on October 29 and 30. Chandra had challenged before the appellate tribunal an order passed on September 1 by a five-member larger bench of the National Company Law Tribunal (NCLT), which had stayed the order of a third tie-breaker judge in his personal insolvency matter and restrained him from alienating his assets. The NCLAT has directed the creditors, who opposed the maintainability of Chandra's petition, among others, to file their reply within a week. A three-member bench of NCLAT also granted a week's time to Subhash Chandra to file a rejoinder to the creditors' reply. Let the notice be issued... will file the reply (over maintainability and stay) within a week, said the bench comprising Officiating Chairperson Justice (Retd.) Yogesh Khanna and Technical Members Barun Mitra and Ajai Das ...
Uruguay eyes Indian edible oil market, aiming to emulate Argentinas export success
The emergence of Uruguay as a potential supplier comes amid rising edible oil prices, which have increased Indias import bill.
Sansera Engineering Ltd leads losers in 'A' group
Premier Energies Ltd, PB Fintech Ltd, Patanjali Foods Ltd and NESCO Ltd are among the other losers in the BSE's 'A' group today, 29 September 2026.
Global Health acquires 10,560 sq. metre land parcel in Ghaziabad
For development of proposed 350-bedded hospital
Personal guarantor insolvency: Why the regulator is tightening the data trail
Personal guarantor insolvency resolution has been going on since late 2019, when provisions for such guarantees to bankrupt firms were notified. But unlike in corporate insolvency resolution process, there was no central electronic system capturing details of cases involving personal guarantors.
Transport Corp board approves Rs 150 crore share buyback at 11% premium
The board of Transport Corporation has sanctioned a share buyback of Rs 150 crore, intending to purchase 15.62 lakh equity shares at a premium price. This move aims to boost shareholder value while simultaneously establishing a new subsidiary in China to enhance the company's logistics network. This initiative aligns with a broader strategy for international expansion in significant trade areas.
Subway restaurants operator EverBrands India files papers for Rs 600 crore IPO
EverBrands India Ltd is gearing up to raise Rs 600 crore via an initial public offering of equity shares. This funding will support the repayment of debts and finance the establishment of new Subway outlets. As a multi-brand food and beverage platform, Culinary Brands India has experienced remarkable revenue growth in the quick-service restaurant sector over the past two fiscal years.
Vivid Mercantile Ltd leads losers in 'B' group
Bharat Parenterals Ltd, Shervani Industrial Syndicate Ltd, The Indian Wood Products Company Ltd and Bharat Global Developers Ltd are among the other losers in the BSE's 'B' group today, 29 September 2026.
Indices trade in negative terrain; IT shares plunge for 8th day
At 14:25 IST, the S&P BSE Sensex declined 387.89 points or 0.53% to 72,390.56. The Nifty 50 index dropped 119 points or 0.52% to 22,661.25.
Fitch revises Oyo parent's outlook to positive, sees potential deleveraging
Fitch Ratings has revised the outlook on OYO parent Oravel Stays' long-term foreign and local-currency issuer default ratings (IDRs) to 'positive' from 'stable', reflecting its view that OYO will deleverage driven by EBITDA growth. The parent entity of the hospitality major has been re-named to PRISM from 'Oravel Stays'. Fitch has also affirmed the rating on the USD 830 million senior secured term loan issued by its-fully owned subsidiary, Oravel Stays Singapore Pte Limited, at 'B' with a Recovery Rating of 'RR4'. The issuance is unconditionally and irrevocably guaranteed by OYO and certain other subsidiaries within the group. The outlook revision reflects our view that OYO will de-leverage, driven by EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growth and management's commitment to a more conservative capital structure, Fitch Ratings said. The ratings agency said it expects OYO's revenue to rise by 9-14 per cent in FY27-28 after growing by 50 per cent
India's Essar group to invest $18 bn in steel manufacturing in the US
The plan includes a proposed $15 billion steel complex in Iowa and nearly $3 billion already invested in a Minnesota iron ore mine and pelletising facility
NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 2930
The NCLAT has directed the creditors, who opposed the maintainability of Chandra's petition, among others, to file their reply within a week
NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 29-30
The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra challenges a previous NCLT ruling that limits his ability to dispose of assets. Creditors opposing his appeal have been instructed to submit their replies within one week. A separate petition concerning a disputed settlement amount has been combined with Chandra's appeal.
Carlyle-backed Highway Roop acquires Chamundi Die Cast to diversify auto components platform
The acquisition marks a strategic milestone in Highway Roop's journey towards an IPO and builds a scaled, diversified precision manufacturing platform.
After losing Indian steel empire, the Ruias eye another in the US
Ruias, following the bankruptcy of Essar Steel, are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annually. Financing has already been secured for the Minnesota iron-ore mine, which is integral to the operation. The Iowa plant is expected to create around 1,750 permanent jobs alongside thousands of construction jobs.
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Pine Labs extends tech partnership with Woolworths Group
Pine Labs said that the company has extended its technology partnership with Woolworths Group for their gift card ecosystem through enhanced platform capabilities, deeper API integrations, and support for new digital stored-value experiences.
Skyways' Vietnam Overseas Office receives appreciation award from Air India Cargo
Skyways Air Services' Vietnam Overseas Office has received an Appreciation Award from Air India Cargo in Vietnam, recognizing its service excellence, operational reliability and valued partnership in the region. The award was conferred across two key stations, Ho Chi Minh City and Hanoi, underscoring Skyways' consistent performance and strong footprint in Vietnam's air cargo market.
Mahindra & Mahindra Financial Services raises Rs 1250 cr via NCDs
The same includes Base issue size of Rs. 1000 crore plus Green shoe subscription of Rs. 250 crore aggregating to Rs. 1250 Crore. The said NCDs have been issued at a Fixed Coupon of 7.95% p.a. and are proposed to be listed on the Wholesale Debt Market Segment of BSE.
Groww rolls out US stocks to select users via GIFT City route
The offering allows users to buy and sell US securities directly through the Groww app and also supports fractional investing.
NCC jumps after bagging order worth Rs 1,077 crore
NCC rose 1.11% to Rs 131.50 after the company announced that it has secured an order worth Rs 1,076.71 crore from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.
Dr Reddys Laboratories Ltd up for third straight session
Dr Reddys Laboratories Ltd is quoting at Rs 1243, up 1.8% on the day as on 12:49 IST on the NSE. The stock is up 1.58% in last one year as compared to a 7.89% slide in NIFTY and a 25.3% slide in the Nifty Pharma index.
J B Ecotex files DRHP for Rs 400 crore IPO; OFS of 1.29 crore shares
Surat-based J B Ecotex Ltd has filed its DRHP with SEBI to raise funds through an IPO. The proposed issue comprises a fresh issue of up to Rs 400 crore and an OFS of up to 1.295 crore shares by promoters. The company may also raise up to Rs 80 crore through a Pre-IPO Placement, which, if completed, will be deducted from the fresh issue size.
Delhi High Court sets aside FSSAI order asking Red Bull to drop energy drink label
The court ruled that the food regulator failed to give the company a chance to present its stance, directing FSSAI to issue a fresh show-cause notice before taking any action.
