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SRTT inability could give SDTT 36.60% of Tata Sons votes
The inability of the Sir Ratan Tata Trust to exercise its voting rights shifts power to smaller Tata trusts, making them crucial in decision-making at Tata Sons.
Tata board extends N Chandrasekaran tenure, trusts call extension illegal
Tata Group factions prepare for a potential court clash, hiring top Indian law firms and senior litigators as tensions rise over leadership and the company's public listing plans.
Global semiconductor firms ramp up India presence amid Semicon 2.0
The Semicon India 2026 event has drawn major global semiconductor companies, including ASML, Applied Materials, and Lam Research.
SBI issues advisory ahead of nationwide bank strike
The State Bank of India (SBI) has issued a customer advisory ahead of the nationwide bank strike proposed by the United Forum of Bank Unions (UFBU) from September 28 to 30.
Semicon India 2026 unites top tech groups for India-designed-and-built electronics
At Semicon India 2026, major Indian tech industry bodies emphasized the need for a unified approach to achieve national objectives, highlighting collaboration over competition.
Adani Power to invest ₹48,000cr in Chapar Assam thermal plant
Adani Power has initiated a ₹48,000 crore investment for a 3,200 MW thermal power project in Assam's Dhubri district, set to become the Northeast’s largest power asset.
Tata Trusts challenges reappointment of N Chandrasekaran at Tata Sons
Tata Trusts argue that the resolution to reappoint N Chandrasekaran as chairman of Tata Sons was invalid, citing non-compliance with their Articles of Association.
Micron Taiwan workers reject 68-month salary bonus, demand 15% profit-share
Micron employees are demanding 15% of operating profits as bonuses, citing higher compensation at rivals Samsung and SK Hynix amid rising chip earnings from the AI surge.
Kerala traders to boycott UPI October 15 over 0.4% fee
The Kerala Vyapari Vyavasayi Ekopana Samithi will boycott UPI transactions on October 15 to protest the Centre's decision to impose charges on digital payments.
Serum Institute of India invests ₹250cr in Yotta near ₹37,000cr
Serum Institute of India invested ₹250 crore in Yotta Data Services' recent ₹1,396 crore fundraise, valuing the company at nearly $4 billion.
Salesforce: Indian businesses roll out AI, Bengaluru tower planned
Salesforce's Arundhati Bhattacharya highlights India's shift from AI experimentation to production, with significant investments in infrastructure and talent upskilling.
Liqvd Digital India opens IPO Sept 23 to raise 39cr
Liqvd Digital India's ₹39-crore IPO opens on September 23, with a price band set at ₹51-54 per share. The issue includes a fresh issue and an offer-for-sale by the promoter.
Why Indian Oil's new independent director has quit
Alka Mundra has resigned as an independent director of the Indian Oil Corporation (IOC) just five weeks after her appointment.
India's exports to core BRICS nations soar by 34%
India's exports to core BRICS countries, China, South Africa, Brazil, and Russia, have witnessed a massive 34% jump in the first five months of FY2026-27.
Meet Ravi Reddi, JPMorgan's new India head of M&A
JPMorgan, a leading investment bank, has appointed Ravi Reddi as the new head of Mergers and Acquisitions (M&A) for India.
Why Tata Trusts has hired top lawyer Abhishek Manu Singhvi
Tata Trusts has roped in senior advocate Abhishek Manu Singhvi to represent them legally, as the feud with Tata Sons intensifies.
These 6 IPOs will hit Dalal Street next week
Six mainboard companies are gearing up for initial public offerings (IPOs) next week.
FMCG goods unlikely to become costlier this festive season
Despite rising commodity prices, including sugar, and geopolitical disruptions, Fast-Moving Consumer Goods (FMCG) firms are likely to maintain their prices through the festive season.
Why NCLAT is concerned over Supertech's stalled housing projects
The National Company Law Appellate Tribunal (NCLAT) has expressed concern over the delay in construction work at Supertech Ltd's stalled housing projects in India.
FPIs withdraw ₹20,974cr from Indian equities this September
Foreign portfolio investors (FPIs) have pulled out ₹20,974 crore from Indian equities in September.
Global chip giants pledge to boost India's semiconductor manufacturing ambitions
Semicon India 2026 attracted global semiconductor giants announcing investments and partnerships, as India aims to bolster its domestic chip manufacturing ecosystem.
JP Morgan names Ravi Reddi as head of India M&A
JP Morgan has named Ravi Reddi as the Head of M&A for India, following his extensive experience with the bank's US M&A team.
Samsung smart appliances boom as Southwest Asia share reaches 13%
Samsung Electronics has experienced a nine-fold increase in connected appliances in Southwest Asia, with India becoming a pivotal market for the company's AI Home initiatives.
OpenAI pauses projects, moves quarter of production engineers to security
Greg Brockman, OpenAI's president, paused a quarter of the engineers' projects to focus on identifying and fixing security vulnerabilities using the company's own AI models.
LPG subsidy: Aadhaar biometric authentication mandatory from October 1
The Indian government has made Biometric Aadhaar Authentication (BAA) compulsory for domestic LPG consumers who want to continue receiving subsidized refills.
Six companies plan IPOs Sept 22-28 to raise ₹3,825cr
Six mainboard companies, including Elevate Campuses and Varmora Granito, are set to raise ₹3,825 crore through IPOs next week as the primary market activity remains robust in 2026.
EY-IESA projects India's chip market to $200B amid domestic push
India's semiconductor market is expected to grow from $64 billion in 2026 to $200 billion by 2035, driven by rising domestic demand and innovation opportunities.
Tata Trusts enlists Abhishek Manu Singhvi over N Chandrasekaran reappointment
Tata Trusts has appointed senior advocate Abhishek Manu Singhvi as legal representation as tensions rise with Tata Sons over leadership and listing issues.
NPCI to add 0.4% UPI fee to fund merchant digitisation
The NPCI proposes using 5% of MDR collections to support small merchants and expand digital payment infrastructure in smaller Indian cities.
Indian Oil denies Madhya Pradesh UPI ban over ₹2,000 rumor
Indian Oil Corporation has dismissed a viral message claiming petrol pump owners in Madhya Pradesh will observe a 'No-UPI Day,' labeling it as fake and misleading.
India crude basket reaches $131 amid Middle East tensions
India's crude oil basket has surged to $131 per barrel, while global oil prices remain above $103, raising concerns over inflation and pressure on oil marketing companies.
Foreign investors withdraw ₹20,974cr in September, total ₹2.45Lcr in 2026
Foreign Portfolio Investors pulled out ₹20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates, and a weakening rupee.
SBI warns customers: UFBU strike September 28-30, 5-day limited access
SBI has advised customers to complete essential banking tasks before the proposed nationwide bank strike from September 28 to 30, as branch operations may be disrupted.
Paramount might be able to acquire Warner Bros soon
Paramount Skydance is in advanced talks with California officials to settle a lawsuit challenging Warner Bros. Discovery's acquisition.
Bank holidays in India next week: Check city-wise list
Major banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) will be closed for up to four days next week.
NSE IPO gray market premium plunges nearly 70% to ₹58
NSE's grey market premium has dropped significantly from Rs 192 to Rs 58, suggesting a more modest listing gain as the IPO nears its closing date.
McKinsey: Agentic AI reduced productivity in nearly 30% of firms
A McKinsey report reveals that productivity fell in 30% of companies using agentic AI tools, highlighting operational hurdles in the rapid adoption of autonomous coding systems.
India's young HNIs adopt professional management as $1.5 trillion transfers
India is set for a $1.5 trillion intergenerational wealth transfer, prompting next-gen HNIs to adopt institutional investment strategies and diversified portfolios.
SpaceX's Nasdaq 100 stake to more than double to 2.8%
SpaceX's stake in the Nasdaq 100 will more than double to 2.82% after Monday's quarterly rebalance, data from Bloomberg shows.
Goldman Sachs: Four economies lead AI adoption, job openings slow
France, the US, the Netherlands, and the UK lead global AI adoption with rates up to 20%, according to Goldman Sachs Research, affecting hiring in tech and service sectors.
Tata Sons IPO could value firm ₹9-12.5L/cr, enrich shareholders
The potential listing of Tata Sons could reveal substantial wealth for lesser-known shareholders, with valuations placing individual stakes in the hundreds to thousands of crores.
Flock Safety offers most generous voluntary buyouts to avoid layoffs
Flock Safety announced generous severance packages for voluntary departures, aiming to reduce its workforce amid backlash over its license plate recognition technology.
Mehli Mistry opposes using TEDT corpus for Tata chairmanship dispute
Mehli Mistry, a trustee of the Tata Education and Development Trust, has objected to using TEDT funds for legal expenses in the Tata Sons reappointment dispute.
Dholera semiconductor plant to produce India's first wafer by 2028
India's first semiconductor fabrication plant, located in Dholera, is expected to produce its first wafer by 2028.
Volkswagen may cut another 4,100 jobs at Porsche
Volkswagen is considering another round of job cuts at its luxury brand Porsche, according to German business daily Handelsblatt.
India's GDP to reach $38 trillion: NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval has predicted that India's Gross Domestic Product (GDP) will grow from the current $4.015 trillion to a whopping $38 trillion in the next two decades.
India to generate 2.5L seasonal, gig jobs this festive season
India is expected to create between 2-2.5 lakh seasonal and gig jobs during the July-December festive season of 2026, a report by NLB Services has said.
AI cloud provider Nscale files for US IPO
Nscale, a cloud provider that specializes in infrastructure for artificial intelligence (AI) models, has filed to go public on the New York Stock Exchange.
FTAs are opening new markets for India's youth: PM Modi
Prime Minister Narendra Modi has emphasized the role of Free Trade Agreements (FTAs) in creating new markets and career opportunities for India's youth.
Sugar, onion prices stabilize after government intervention
The prices of essential commodities, sugar and onion, have stabilized over the past week.
US now accounts for 54% of India's software services exports
India's software services exports witnessed a growth of 8.2% to $221.4 billion in the fiscal year 2025-26 (FY26), excluding sales by overseas affiliates of Indian companies.
Anthropic targets November IPO at potential $2T valuation
Anthropic, the developer of Claude, is gearing up for its initial public offering (IPO) in November.
OpenAI expects $278B cash burn in next 5 years
OpenAI, the company behind ChatGPT, is expecting to burn through a massive $278 billion in cash between 2026 and 2030.
Oracle's $18B data center debt faces pressure amid local opposition
Oracle's $18 billion debt linked to a data center in New Mexico is facing pressure, the Financial Times reported.
Anthropic's annualised revenue may top $100B this year
Anthropic, the AI company behind Claude, is projected to surpass an annualized revenue of over $100 billion this year, as per a New York Times report.
AI could double US GDP growth by 2027: Elon Musk
Tesla chief executive Elon Musk has predicted that artificial intelligence (AI) could significantly boost the US economy.
Key executives leading Berkshire Hathaway's $1 trillion+ empire
Warren Buffett has officially stepped down as the chairman of Berkshire Hathaway, a move that marks a major shift in the company's leadership.
Tata Sons faces legal fight as Trusts challenge Chandrasekaran's reappointment
The ongoing dispute between Tata Sons and Tata Trusts over N Chandrasekaran's reappointment as executive chairman could escalate into a long-drawn legal battle.
Ryanair CEO apologises after comparing competitors to rapists
Ryanair's Chief Executive Officer (CEO) Michael O'Leary has apologized for his controversial remarks comparing rival airlines to "rapists."
Centre to oversee UPI MDR charges daily from October 15
The Indian government has announced that it will start monitoring the Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions on a daily basis, starting October 15.
India's crude oil imports fall over 11% in August
India's crude oil imports last month fell by over 11% from July, amounting to 19.01 million metric tons, government data revealed today.
FSSAI takes legal action against Nestle India over infant products
The Food Safety and Standards Authority of India (FSSAI) has launched legal action against Nestle India for multiple violations of the Food Safety and Standards Act.
Incentives for BHIM-UPI, RuPay debit card transactions might be removed
The Indian government is planning to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions.
Warren Buffett named chairman emeritus of Berkshire Hathaway
Warren Buffett, the legendary investor and Chairman of Berkshire Hathaway, has stepped down from his position.
TRAI's new rules will improve spam detection in India
The Telecom Regulatory Authority of India (TRAI) has updated its regulations to tackle unsolicited commercial communications (UCC).
India's net direct tax collection up 13% to ₹12.1L crore
India's net direct tax collections have increased by a whopping 12.96% year-on-year, reaching ₹12.12 lakh crore as of September 17, for the financial year 2026-27.
MuscleBlaze maker is planning ₹2,800-3,800cr IPO in India
HealthKart, a leading brand in fitness supplements, is mulling an initial public offering (IPO) to raise between $300 million and $400 million (₹2,800-3,800 crore), as per Mint.
FCC approves foreign investment in Paramount Warner merger with restrictions
The US Federal Communications Commission (FCC) has approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery.
Chinese AI firms lag far behind OpenAI in revenue
China's leading artificial intelligence (AI) firms generate only about 10% of the revenue reported by OpenAI alone, a new analysis from Rhodium Group has revealed.
Shapoorji Group chairperson backs listing of Tata Sons
Shapoorji Pallonji Group Chairman, Shapoor Mistry, has welcomed the Reserve Bank of India's (RBI) listing decision on Tata Sons.
India's GDP to grow 7% in FY27, says Moody's
Credit ratings agency Moody's has revised India's real Gross Domestic Product (GDP) growth forecast for the current fiscal year from 6% to a more optimistic 7%.
IDFC FIRST Bank waives forex markup on its credit cards
In a major customer-friendly move, IDFC FIRST Bank has announced the removal of forex markup charges on all its existing and new credit cards.
Disney appoints Adam Smith as chief of streaming business
The Walt Disney Company has appointed insider Adam Smith as the chairman of its streaming business.
OpenAI hires former SpaceX executive as global sales chief
OpenAI has announced the appointment of Brian McCarthy as its Vice President of Global Sales.
You can use Apple Pay in India from October
Apple is all set to launch its payment service, Apple Pay, in India next month.
Why Japan has raised key interest rate to 31-year high
Japan's central bank, the Bank of Japan (BOJ), has raised its key interest rate to a 31-year high.
IndiGo hikes infant fee, baggage and priority service charges
IndiGo has announced a revision in its fare structure, affecting several services.