Tesla has reached confidential settlements in two lawsuits over fatal crashes involving its Autopilot software in California. The company rejected a $60 million settlement proposal for a Florida case and has hired new lawyers to request a new trial or dismiss the verdict. These settlements are important for Tesla's self-driving technology and its valuation.
Oil India has received a significant dividend of $942 million from its Russian assets, with expectations of full recovery in the near future. The company has also invested in a large LNG project in Mozambique and plans to implement multilateral drilling in Assam. Their goal is to achieve Rs 1 lakh crore annual revenue and produce 10 million metric tonnes of oil and gas by 2030.
SEBI chairperson Tuhin Kanta Pandey stressed the need to involve institutional and retail investors in broadening the investor base for infrastructure securities. He also recognized the Centre's asset monetization plan in developing the market for InVITs and urged for faster asset monetization.
SEBI dismisses Hindenburg's allegations of financial misconduct against Adani Group, finding no evidence of deliberate concealment or fraud. The order also states that all loans were repaid with interest and the expanded definition of related party transactions was not applicable during the investigation period. This decision gives confidence to global investors in the Adani Group.
The Indian government will implement the Promotion and Regulation of Online Gaming Act and Digital Personal Data Protection rules on October 1. This was announced by Electronics and IT Minister Ashwini Vaishnaw during a pre-event conference for the AI Impact Summit 2026. He highlighted the extensive stakeholder consultations that took place in finalizing these measures.
The government's food subsidy budget is expected to exceed by Rs 22,000 crore this year due to the high cost of holding surplus grains. The Food Corporation of India has revised its expenditure to Rs 1.65 lakh crore, resulting in a total subsidy burden of Rs 2.25 lakh crore, the highest in the past few years.
The recent GST rate cuts on ice-creams and shampoos have resulted in odd pricing on small packs, with popular products being revised to Rs 9 and Rs 1.77. Companies like Mother Dairy and P&G are directly reducing prices, while others like Parle Products and Britannia are considering increasing grammage. Experts warn of potential consequences of removing popular price points.
NaBFID introduced a partial credit enhancement product to enhance long-term capital access for infrastructure projects, reducing credit risks and increasing creditworthiness. The facility, launched by Department of Financial Services Secretary M Nagaraju, will offer a safety net for low-rated bonds and spread risk in the financial system.
Indian API companies are predicted to have steady financial performance in FY26 despite pricing pressures. They have improved gross margins by 100 basis points due to lower raw material prices and cost-saving measures. These companies are focusing on high-profit molecules and securing more supply deals in regulated markets.
Infra.Market, a building materials supplier, has received $83 million in funding from Silverline Homes, Tiger Global Management, and Zerodha co-founder Nikhil Kamath. The Mumbai-based startup is preparing for its public debut and has raised a total of $700 million in funding. In FY24, it reported a 144% increase in net profit and 23% growth in revenue, with 80% coming from B.
Despite lower government bond yields, corporate bond yields remain high due to supply problems and weak state government auctions. The spread between government and AAA corporate bonds is 70 basis points. State bond yields have dropped due to improved GST reforms and additional borrowing.
India and the UAE are finalizing the implementation of local currency trade and integration of payment systems. Boosting investment and trade beyond currency, the two nations discussed joint projects and potential areas of cooperation. The Joint Task Force, established in 2013, aims to strengthen economic ties and has set a target of $100 billion non-oil trade by 2030.
The EY India Corporate Treasury Survey 2025 shows that 50% of Indian corporate treasury teams prioritize automation. The report also emphasises the shift towards AI adoption, talent upskilling, and modular operating models for a digitally native future. AI is crucial in treasury evolution, with use cases in forex risk, trade finance, anomaly detection, and cash forecasting gaining momentum.
US and India are aiming for a trade agreement by November to potentially reduce the 25% tariff on Indian goods imposed by Trump, which could harm India's GDP and employment. However, Chief Economic Adviser Nageswaran is optimistic about finding a solution soon, as evident from recent conversations and a phone call between Trump and Modi, indicating a warming of US-Indian relations.
Ampere's new electric scooter, the Magnus Grand, is now available for Rs 89,999. It boasts a modern design, better ergonomics, and a digital console. The scooter runs on a 2.3 kWh battery and can travel up to 90 km. It also includes LED lights, two ride modes, and a USB charging port, making it a top choice for style, comfort, durability, and safety.
Bengaluru-based gaming firm Gameskraft announced the layoff of 120 employees due to the implementation of the Online Gaming Bill, 2025, which has banned real money gaming in India. CEO Prithvi Singh called it a difficult decision and assured affected employees of severance pay, health insurance, and outplacement support.
The Indian mutual fund industry is looking to introduce new passive products, including hybrid funds and commodity ETFs, with a focus on non-agricultural commodities. However, regulations may restrict product innovation. The Multi Commodity Exchange of India is working to increase participation in metal contracts and ETFs, pending regulatory approvals.
Vedanta Group is expanding its portfolio in transition metals, oil & gas, and critical minerals. They have secured mineral blocks in India and are a top producer of nickel. Their subsidiary, Hindustan Zinc, plans to double capacity and collaborate in zinc-based battery development. The company is also expanding internationally with a copper smelters
Denmark's stable economy, politically robust environment, and projected growth rates make it a top choice for millionaires. The real estate market, especially sustainable and smart properties, has attracted foreign investment. With a stable wealth management market and attractive entry points, Denmark is a desirable destination for millionaires seeking long-term investment opportunities.
André Corrêa do Lago, president of COP30, is hosting the conference in Belém, Brazil to address challenges faced by developing countries and the importance of preserving the Amazon. Topics such as climate finance, indigenous peoples, and collaboration between traditional knowledge and science will be discussed. Lago emphasizes the need for action and cooperation.
Tata Consultancy Services and Vodafone Idea have partnered to revamp the telecom company's business support system through AI technology. This five-year collaboration aims to improve customer experience and speed up the launch of new products and services. This highlights Vodafone Idea's commitment to AI-driven innovation and strengthening its digital infrastructure for 4G and 5G rollout
Skoda is launching the Octavia RS in India in November, with a price tag of around Rs 50 lakh. The limited edition car will boast a sporty exterior, luxurious interior, advanced technology, and safety features. It will be equipped with a powerful 2.0-litre TSI EVO engine, generating 261 bhp and 370 Nm of torque.
Oben Electric is expanding in Maharashtra with 10 new showrooms and service centers, following the success of its latest model, the Rorr EZ Sigma. The company aims to establish a strong network in major cities, offering improved performance and features at a starting price of Rs 1.29 lakhs. Customers can enjoy festive season benefits and 24/7 customer support.
GK Energy's upcoming IPO on September 19 plans to raise Rs 464.26 crore through a mix of fresh issue and offer for sale. The bidding price is Rs 145-153 per equity share, with a 30% increase in GMP. The company focuses on EPC services for solar-powered water pumps under PM-KUSUM, with allotment on September 24 and listing on September 26.
River, has introduced an 8-year or 80,000-kilometer extended warranty for its flagship electric scooter, the River Indie. This program covers the battery and motor, offering customers long-term assurance, improved dependability, and peace of mind. It is open to all new and existing customers, with an upgrade option for those who had previously chosen the 5-year warranty.
Urban Company's stock has soared to Rs 179 per share, with a 4% return since its listing. The IPO was highly oversubscribed, with QIBs bidding 147 times their quota. Analysts advise caution for investors, but recognize the company's potential for growth due to its strong fundamentals and leadership in the tech-driven home services market.
The US tariffs have caused global tremors, impacting India's exports and raising concerns for the $280 billion IT outsourcing industry. A 25% US tax on outsourced services is a looming threat. India must seek new markets and collaborate with US institutions to employ local talent. A shift to digital products and AI platforms is crucial for long-term profitability.
Europe and Asia both have stunning cities, with Chester in the UK being named the world's prettiest city in a global study. Its high score on the golden ratio is attributed to its mix of historic and modern architecture. Tourists flock to Chester for attractions like Roman ruins, Chester Rows, and Eastgate Clock, making it a perfect blend of history and modernity.
The Indian government is working towards establishing four large accounting firms to compete with the world's top firms, as called for by Prime Minister Narendra Modi. The Ministry of Corporate Affairs has released a paper seeking public comments on how to facilitate their growth, citing restrictions on advertising and partnerships as hindrances.
The Union Ministry has ordered 12 news outlets and journalists to remove defamatory content against Adani Group, following a Delhi court's directive. Google and Meta have also been served notices. Only Paranjoy Guha Thakurta, a journalist who has covered Adani for 10 years, is involved in the civil suit. Ravish Kumar criticizes the move as corporate censorship.
A recent report reveals that Mumbai has the highest number of millionaires in India and is predicted to be the top global city in the next decade. The city's financial hub status and conservative financial planning have contributed to this growth, with most millionaires residing in Maharashtra. Indian millionaires also show a preference for luxury brands like Rolex, Gucci, and Louis Vuitton.
Air India Flight 171 crashed in Ahmedabad, killing 241 people. Vishwash Kumar Ramesh, the only survivor, lost his brother and is undergoing psychiatric treatment for nightmares and insomnia. He may never fly again. Families of victims demand accountability as a preliminary report suggests fuel-control switches malfunctioned. Vishwash's physical injuries have healed.
Aditya Birla Capital's share price has surged by 72% in the last 6 months, with Motilal Oswal reiterating a 'Buy' rating and a target price of Rs 340 per share. The company's core businesses, including NBFC, HFC, AMC, and life and health insurance, have shown strong growth and profitability.
"Aryan Khan's directorial debut, "Ba***ds of Bollywood," is now available on Netflix. The series follows an ambitious newcomer in the cutthroat world of Bollywood, with cameos from stars like Shah Rukh Khan, Salman Khan, and Aamir Khan. The seven-episode series tackles themes of nepotism, leaked videos, and heartbreaks, but will it be a hit with audiences?
Spinny, a leading used car platform, has lowered prices on its inventory in preparation for the new GST rates for new cars. Used car prices will remain the same, but Spinny is ensuring fairness by passing on benefits to customers. The new GST structure has made cars more affordable, with small cars now 5-13% cheaper and luxury cars facing a flat 40% tax instead of 50%.
Tata Group may sell its stake in the iconic luxury hotel, the Pierre Hotel, in New York for $2 billion. Potential buyers include the Sultan of Brunei and a Saudi businessman. The hotel, managed by Taj Hotels since 2005, has been damaged over time and the board is in talks to sell it. However, there is conflict as Taj is not willing to invest more money for renovations.
Markets stay steady, Nifty 50 just below the 25,400 mark, Sensex up 170 points. Tech stocks see strong buying after the US Fed's rate cut. LTIMindtree tops IT sector stocks, HDFC Life Insurance and LIC Housing Finance also gain. Page Industries' share price slips after HSBC cuts rating to 'Reduce'. Poonawalla Fincorp's share price jumps 12% after promoters complete Rs 1,500 crore fund infusion.
The India-Pakistan T20 match at the 2025 Asia Cup faced delay due to a dispute over the match referee's alleged ban on handshakes between captains. PCB demanded the referee's removal, but the ICC rejected their claims. The incident highlights the tense relationship between the two countries, with calls to keep politics out of sports and focus on cricket.
India's IPO market is thriving, with new offerings set to add $1.3 - 1.5 trillion in market capitalisation over the next 7-10 years. Domestic investors now play a major role, contributing 55-60% of anchor book allocations compared to 40-45% from foreign investors. SEBI's increase in reservation for life insurers and pension funds has also boosted the market.
Saatvik Green Energy, a solar module manufacturer, is launching a Rs 900 crore IPO on September 19 with a price band of Rs 442-465 per share. The offer includes fresh equity and an offer for sale by promoters. GMP trend suggests a listing price of Rs 543 and retail investors need Rs 14,880 to apply for one lot of 32 shares.
ABC has cancelled Jimmy Kimmel's late-night show indefinitely after he made insensitive comments about Charlie Kirk's death. The Sinclair group wants Kimmel to apologize and donate to the Kirk family, while President Trump is celebrating the decision. The hashtag #BoycottABC is trending on social media as some support Kimmel while others criticize his past comments.
The NCR will soon have a new international airport at Jewar, UP, set to open on October 30. The airport will operate under a PPP model and is expected to cater to major air traffic in the region. Airlines are already planning to connect 10 cities in the first phase, with talks ongoing with IndiGo.
On September 9, Trump supporter and social activist Charlie Kirk was fatally shot in Utah during a public appearance. The suspect, Tyler Robinson, was arrested and charged with murder, leading to heightened security measures such as a suicide watch and an anti-suicide smock. Robinson allegedly left a note confessing to the crime and revealed Robinson's motive for the murder.
Deepika Padukone has left the sequel to Kalki 2898 AD, a blockbuster film that made over Rs 1000 crore. Her decision is surrounded by speculation of a rift with director Sandeep Reddy Vanga and her demands for a large fee and profit share. This comes after her departure from 'Spirit' due to a high fee and language difficulties.
Rahul Gandhi has accused Chief Election Commissioner Gyanesh Kumar of shielding those responsible for "vote chori" and undermining Indian democracy. He presented evidence of systematic electoral fraud, including mass voter deletions targeting Dalits, Adivasis, and OBCs. He outlined five charges against the CEC, demanding transparency and accountability.
Panasonic is working on a new, high-capacity battery that could increase the driving range of Tesla's Model Y by 90 miles. The company plans to remove the anode during production, making room for more active cathode materials and potentially reducing the use of expensive nickel. This technology is being pursued by other battery producers worldwide.
Ivalue Infosolutions IPO, worth Rs 560.29 crore, is available for bidding from Sept 18-22 as an offer for sale of 1.87 crore shares priced at Rs 284-299 each. The grey market is trading at a 7.7% premium. Allotment is on Sept 23 and listing on Sept 25. The company offers technology services for digital transformation.
President Trump has given a list of 23 countries, including China, Afghanistan, India, and Pakistan, to Congress, urging them to improve their efforts against drug production and trafficking. However, the State Department clarifies that being on the list does not necessarily mean a country is not doing enough. Trump specifically called out China and Afghanistan for their roles in drug production.
Finance Minister Nirmala Sitharaman urges India Inc to invest and expand capacities, while partnering with the government in skilling youth. She highlights government's delivery on industry expectations, including ease of doing business, tax reforms, and opening up FDI. Tata Sons chairman N Chandrasekaran acknowledges opportunities provided by the government
Tata Altroz, launched in May, receives 5-star safety rating in both Adult and Child Occupancy at Bharat NCAP. Scoring high in AOP and COP, it is deemed the safest hatchback in India. Equipped with advanced features like six airbags, ESP, and ISOFIX child seat, Altroz continues to set top-notch safety standards.
Kerala High Court orders vigilance inquiry into missing gold from Sabarimala temple, expresses concern over grave irregularities. 4 kg of gold missing from copper plates covering Dwarapalaka idols, weight dropped significantly during re-plating. TDB failed to report discrepancy, court orders comprehensive investigation and full cooperation.