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Moodys says data centres would have an even smaller impact on employment, projecting a meagre 0.02% increase in jobs in India over the next four years.

Ujjivan Small Finance Bank CEO Sanjeev Nautiyal has resigned due to health reasons, effective immediately. He will retire formally on 30 November. Carol Furtado is appointed interim CEO. The bank said Nautiyals tenure had helped strengthen several areas of its operations.

Punjab transferred Sukhchain Singh Khera, key member of the state employees' protest, where over 150 employees' bodies and more than 3.50 lakh pensioners participated in one of the biggest mobilisations against the government.

Edtech company upGrad has completed its acquisition of Unacademy for just over $200 million, far below the latter's peak $3.44 billion valuation. Unacademy co-founder Gaurav Munjal said the deal will benefit the education ecosystem, while highlighting Unacademys impact on online learning in India.

The race for the HDFC Bank CEO job would pit several veteran insiders against outsiders who could get a chance to lead Indias largest private sector bank.

An open offer for an additional 26% stake will follow, pending regulatory approvals, marking GRT's significant expansion in India's organised jewellery retail market.

The NCLT has found no majority verdict on Zee founder Subhash Chandras repayment plan after the third members opinion differed from the original Bench, according to Bar and Bench.

The airline told the Delhi high court it had planned to use the second tranche of emergency credit from the government to meet the first instalment of its 144.5 crore outstanding dues.

Yash Raj Films is betting on microdramas even as early entrants exit. The audience is hooked, but monetization remains elusiveforcing studios to balance content costs, retention and the promise of mobile-first storytelling.

Tax on sale of inherited agricultural land: Section 54B, 54F and 54EC exemptions explained, reinvestment in residential property or farm land, 10 crore and 50 lakh exemption caps, capital gains tax at 12.5% or 20% with indexation for siblings selling jointly-inherited land

An Ahmedabad police inspector lost 5.4 lakh after fraudsters allegedly posed as insurance officials and promised a 19.5 lakh payout. The case highlights key red flags in insurance refund scams, including upfront fees, QR-code payments and repeated demands for money.

Subhash Chandra insolvency: Creditors, including the LIC Housing and several banks, approached NCLAT on Monday against the NCLT's approval of 6.5 crore payout plan.

Dinesh Khara served as the Chairman of the State Bank of India (SBI) from 7 October 2020 to 28 August 2024.

Billionaire PV Krishna Reddy, managing director of Megha Engineering & Infrastructures, is seeking about $700 million from global private credit investors to help finance the purchase of his uncle's 43% stake. 

Spark Capital is stepping up its private-market play with new late-stage PE and private-credit funds, targeting high-growth Indian companies as their financing needs evolve.

Kaizad Bharucha, HDFC Bank's deputy managing director since 2023, is the leading candidate for the CEO position as Sashidhar Jagdishan retires on 26 October. Here's all you need to know about the lender's longest-serving executive board member.

STAR ENT GRP-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Star Entertainment warns tough conditions to persist after annual loss

Following a breakout year, with revenue reaching 16,000 crore, TAFE is setting up its first new tractor plant in 29 years to cater to global and local demand.

The pressure is forcing airport operators to look beyond passenger traffic for growth, with cargo, maintenance, repair and overhaul, and other non-aeronautical businesses

A veteran of 30 years at HDFC Bank, Sashidhar Jagdishan in his six years as CEO delivered a landmark merger but also a difficult final stretch.

The heavy industries ministry is weighing interest subvention for charging infrastructure alongside its proposed 9,852 crore financing scheme for electric commercial vehicles, as high upfront costs and a shortage of high-powered chargers slow adoption.

Tata Trusts Noel Tata has now written directly to the Maharashtra charity commissioner to clear the roadblocks towards choosing the next Tata Sons chairman.

HDFC Bank Deputy MD Kaizad Bharucha is likely to hold the fort while the lender searches for a full-time CEO, putting succession firmly in focus.

The proposed measures are aimed at helping chemical exporters pivot to specialty products across Europe, Asia, and Latin America, mitigating US export concentration and Chinese import dependence.

Revathi Mannepalli, joint wireless adviser at the department of telecommunications, is contesting against two European candidates for the post of director of the Radiocommunication Bureau at ITU.

US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

Air New Zealand reported a smaller-than-expected full-year loss despite soaring fuel costs and engine maintenance issues, but stopped short of pledging an immediate return to profit.

Bira 91 beer maker B9 Beverages seems to be in more trouble as Hindusthan National Glass and Industries has slapped the debt-ridden brewer with default notice for nearly 12 crore in unpaid dues and plans to drag it to the NCLT. 

HDFC Bank is searching for an external candidate to align with the Reserve Bank of India's rule that requires banks submit multiple names for the CEO position.

The Japanese retailer has localised its marketing through Indian celebrities and influencers, while avoiding third-party marketplaces to control customer experience

Several major music publishers, including Sony Music and Warner Chappell, have sued Anthropic, accusing the AI company of illegally using copyrighted songs to train Claude. They allege Anthropic pirated works on a massive scale and are seeking damages of up to $150,000 per composition.

Tata Consultancy Services has reportedly lowered variable compensation for mid- and senior-level employees in the April-June quarter, disbursing only 60-70% of eligible pay as operating margins shrink amid investments in artificial intelligence, according to a Moneycontrol report.

IndiaFirst Life has partnered with Salesforce to deploy autonomous AI agents across core sales and customer operations, aiming for long-term growth without immediate staff cuts. 

Oil marketing companies are prepared to supply petrol containing up to 10% ethanol, as the existing network can dispense it, says Sanjay Khanna, chairman and managing director of BPCL.

Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around 6.5 crore against 22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises questions over creditor commercial wisdom.

Nvidia is set to acquire Hugging Face for $12.9 billion, as per media reports. This deal comes just a month after the AI startup was hacked by OpenAI agents, which in turn compromised its infrastructure. Full details here.

India's hotel industry is shifting to upscale offerings, bridging luxury and budget categories. Chains like EIH, ITC, and Lemon Tree are expanding mid to upper-upscale brands to meet rising domestic demands, while maintaining a portfolio across various price points to maximize market coverage.

The plan, code-named Project OT short for Organization Transformation envisioned an AI native future for the owner of Facebook and Instagram.

Artificial intelligence promises much in the field of healthcare. But too much of whats on offer is not oriented to the needs of medical practice, but crafted by what data AI has access to. What doctors want solved should be the aim.

Since use-and-throw apparel uses a lot of synthetic inputs cracked out of crude oil and also tankloads of fuel to reach overseas markets, a Hormuz oil choke could yet inflame costs across the global fast fashion industry as buffer stocks run out.

Two and a half centuries since the US Declaration of Independence, the country cant be all that proud of its actions around the globe. However, Americas motto offers a glimmer of hope that gaps between its ideals and realities can be bridged.

Skyroots successful maiden launch of its rocket marks a triumph for Indias buzzy space sector after it was opened to private enterprise in 2020. Challenges abound, but its time for innovation spurred by full-thrust competition to fling the sector ahead.

The sector turned in a heartening performance over the last quarter, with banks like Kotak Mahindra, Axis, Yes and ICICI showing double-digit gains. Corporate lending has picked up too. The retail segment, though, should be under risk watch.

The fight wasnt limited to police and the terrorists; it went deeper, threatening the very soul of Punjab.

While a lot has changed since the oil shocks of the 1970s to reduce their damage, a re-eruption of full-scale war in West Asia between the US and Iran cant be shrugged off. Markets dont seem to have priced in the tail risks yet.

In a market that has Amazon's Alexa and Google's Gemini for Home, an OpenAI device designed by ex-Apple Jony Ive will face stiff competition. But while others aim to be useful, this one will likely try to get users emotionally hooked. Does this bend the ethics of addictive-by-design tech?

Gross domestic product (GDP) has been long criticized for its inadequacy in measuring economic activity or welfare. True, it is imperfect. But it is too deeply embedded in the institutional architecture of governments, markets and global organizations to drop.

The British director of blockbusters such as 'Inception' and 'Interstellar' isnt just talented. Part of the reason his films have gained a cult following is that they are abstract enough for people to see what they want in his work. Does that qualify it as arthouse cinema?

Indias farm output has grown more resilient to rainfall deficiencies but this relief is only relative. Inadequate rainfall could still stoke food inflation and compress rural incomes. Let's not drop our guard.

The historic pact inked last year by New Delhi and London went into effect this week. Besides a tariff-reduction trade boost, the deal has plenty of avenues for business gains on both sides. Some duty rollbacks are gradual, but their calendar bears no uncertainty.