Livemint
Elections 2026Science/Tech / Livemint
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.
With a focus on reducing geopolitical risks, Indias latest defence initiative seeks to localize the production of critical equipment, underscored by a new partnership to manufacture Javelin missiles.
Indian Bank plans to open 100 branches and hire 2,500 employees in FY2026-27, focusing on expanding its presence in central and western India. The lender also targets lower NPAs and expects its gold loan book to cross 1.5 lakh crore.
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.
Bigger rounds are attracting mainstream investors, but underwriting challenges are keeping growth capital cautious.
Bank credit growth rose to 16.5% in June 2026, while the weighted average lending rate on outstanding credit fell to 9.26%, RBI data showed. Credit to female borrowers grew 19.7%, while personal-loan credit rose 12.7% and credit growth was stronger across non-metro centres.
The ITAT Mumbai deleted an 8.87 lakh tax addition after accepting a taxpayers explanation for cash found during an income-tax search. The tribunal said family savings and gifts must be assessed based on human probabilities.
The domestic MCX gold price recovered its previous losses, jumping over 1% to cross the 1.55 lakh mark per 10 grams
The Mumbai ITAT has ruled in favour of an investor whose 85.35 lakh long-term capital gains (LTCG) from Sunrise Asian shares were treated as unexplained income by the tax department.
A Pune-based senior citizen missed the income-tax appeal deadline by 191 days after his wifes death. The ITAT Pune, in ITA No. 1586/PUN/2026, directed the appellate authority to condone the delay and hear his tax appeal on merits.
Chief executive and vice chairman Rajeev Nannapaneni lays bare the changing face of global pharma, explaining why Indian generics firms are scouting for new opportunities.
The French spirits maker is trimming mid-to-senior management roles to sharpen focus on high-margin categories, even as strong sales in India buck a global slowdown.
The lawsuit, filed on Monday (August 31) in federal court in Seattle, claims Amazon since 2019 has secretly and systematically overcharged about 1.2 million advertising customers.
Vineet Nayyar, founder of Sampark Foundation and ex-CEO of HCL Technologies criticised AI-led layoffs, noting that all innovations are human led. He added that people are not a problem or commodity to be thrown away.
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.
Phil Schiller, another prominent name from the Apple fold, is set to step down from his role leading the App store and product events, Bloomberg reported citing sources.
Kotak Mahindra Bank has recommended executive directors Anup Saha and Paritosh Kashyap to the RBI as potential successors to CEO Ashok Vaswani, whose term ends on December 31, 2026. Here's a look at the two internal candidates.
UIDAI has clarified that Aadhaar holders can request DoB updates more than once, but subsequent changes face stricter rules. The process depends on the existing DoB status, documents submitted earlier and the circumstances behind the correction.
In the message, Cook said his departure from the CEO role was a moment he had always known would arrive, but admitted that it was still difficult to believe it had come.
ONGC plans to invest 1 trillion over five years in deepwater oil and gas exploration, alongside setting up an international energy trading desk by late 2026.
Subhash Chandras 6.25-crore repayment plan has hit a hurdle after an NCLT bench found no majority opinion. The tribunal has formed a 5-member bench to decide his personal insolvency case against admitted creditor claims of 22,006.57 crore.
Subhash Chandra, in an 18-minute Instagram interaction, focused on his insolvency plan and said 85 Essel-linked borrowers had agreed to repay about 990 crore in dues. He called personal guarantees his biggest mistake and defended his 6.5-crore plan.
OpenAIs ChatGPT ad business hits a $1 billion annualised revenue run rate in just 200 days as ads expand across more than 40 countries.
The fintech company has joined hands with handset makers such as Nokia, HMD, Lava International and itel to have the service pre-installed on their devices.
Milky Mist's revenue increased 43.6%, driven by strong summer product sales. The company expects its pricing power to help manage rising milk costs.
Zomato layoffs: Food aggregator and delivery platform Zomato will lay off around 240 employees associated with its Customer Delight operations in Hyderabad. The company has offered cut employees August salary, four-months pay, medical insurance Check details
Retirement planning requires a thorough analysis of goals, financial status, and lifestyle aspirations. It's crucial to prepare for emergencies while balancing risk in your portfolio, gradually shifting from equities to safer options as you age.
The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications
Subhash Chandra has responded to social media posts on his NCLT insolvency case, saying borrowers repaid 3,803 crore of 4,808 crore disbursed. He also shared details of his 22,000 crore personal guarantees and lenders claims.
Essel Group Chairman Subhash Chandra has accused Reliance-linked media of spreading misinformation against him, allegations Reliance has called baseless. The controversy has also drawn attention to the contrasting net worth and assets of Chandra and Mukesh Ambani.
Here's a look at challenges that the next HDFC Bank CEO is likely to face after Sashidhar Jagdishan's surprise exit. The next leader will have to address increased scrutiny, and 27% stock decline this year among other issues.
On September 1, LPG and ATF prices, along with banking charges, may change. Consumers should check local prices and bank fees to avoid unexpected costs. Important tax deadlines also impact taxpayers, with August 31 being crucial for return filings and Aadhaar authentication.
There is increasing demand for education loans from Tier II and III cities, lending data from Kuhoo Finance platform showed. Smaller cities account for 86.5% of applications on the platform, it added.
GIVA founder Ishendra Agarwal said the brand pulled its Kriti Sanon Rakshabandhan ad after incidents around some stores raised safety concerns for employees. He said GIVA still stands by the campaign's message and intent.
HDFC Bank Managing Director and CEO Sashidhar Jagdishan will leave the lender on October 26, 2026, after deciding against seeking another term at the helm
As of today, Nvidia seems to be getting stronger rather than weaker. And that is because AI demand is growing even faster than the shift towards custom chips.
In a letter to the Cabinet Secretary, the National Council highlighted that the central government's revision of the minimum wage to 21,000 per month alters the calculation formula
In September 2026, banks in India will observe holidays based on regional celebrations, as per the RBI calendar. Customers should confirm local bank schedules before visiting, as not all holidays apply nationwide. Digital services remain available during closures.
EPFO 3.0: Centralised database, more digital and online withdrawal options through UPI and ATM, quicker settlement times and more. Here's a look at the key features, and what changes for subscribers
NPCI and the RBI have permitted higher transaction limits for certain categories. These include tax payments, initial public offerings (IPOs), hospitals and educational institutions, among others
The 8th pay commission has scheduled a meeting in Jaipur from 31 August to 1 September to consult with employee groups and stakeholders before finalising recommendations. The announcement is expected latest by May 2027.
Sashidhar Jagdishan, HDFC Bank's MD & CEO, will retire on October 26 after opting out of reappointment. The bank will fast-track his successor's appointment. Jagdishan spent nearly three decades at HDFC Bank, including overseeing its merger with HDFC Ltd.
Private credit offers higher returns but entails significant risks compared to traditional debt investments. Investors must evaluate underwriting practices, fund performance, and fees, while being mindful of liquidity and the impact of taxes on returns.
Temasek backs Singapore Airlines' investment in Air India amid challenges and reported losses. There has been some noise over Air India seeks an additional $1.5 billion, with concerns regarding the impact on Temasek's investments.
Meta has settled with US states over claims that Facebook and Instagram harm children, agreeing to pay $12.7 billion, with an additional $5.3 billion contingent on rivals implementing similar changes.
HDFC Bank CEO Sashidhar Jagdishan leaves India's largest private lender amid a crisis, and nearly 30 years after he first joined the company as a manager.
Chandra plan's next investment: Subhash Chandra says he plans to work with investment friends in Switzerland and may borrow 2-4 crore from family to invest in startups, days after NCLT approved his 6.5-crore repayment plan against 22,006 crore in claims.
Sandhya Devanathan exited Meta after serving for a decade. She will be joining OpenAI as VP South East Asia, Australia.
Infosys Public Services CEO Lax Gopisetty was in Nepal for personal reasons, revealed the company in a statement. He remains unreachable following the devastating floods in the Nepal-Tiber border region.
Tata Sons has secured a three-month extension to hold its AGM due to a lack of quorum, marking the first time the company has sought such an extension. This postponement is linked to restrictions on the Sir Ratan Tata Trust, a key shareholder.

27 C