Meesho’s Content Commerce business grew by 152% year-on-year in Net Merchandise Value (NMV) from authors in non-metro Indian cities. Almost 90% of its 1.6 lakh active producers are nano creators and 81% of them are outside the big urban centers.
Reliance Industries has obtained interim relief from the Delhi High Court in its case against FSSAI over the usage of “energy drink” on Campa products. The court questioned the decision making process of the FSSAI and let Reliance Consumer Products to continue selling Campa as an energy drink.
A major legal challenge has been mounted against Trump’s $100,000 H-1B visa fee as US district judges in California and Massachusetts have declared that the administration does not have the power to levy the price. Court rulings put fee enforcement on hold affording reprieve to Indian IT firms.
Huawei and Qualcomm have entered into a multi-year patent licensing arrangement that covers 5G, artificial intelligence, computing and networking technologies. Under the transaction, Qualcomm will purchase a portfolio of US patents from Huawei.
The FBI fired an Accenture contractor after a security lapse exposed sensitive personal data of thousands of FBI workers. The hack apparently involved Oracle PeopleSoft software and a vulnerability that was thought to have been exploited by the ShinyHunters criminal gang.
India’s frozen food sector is expanding and HyFun Foods, a major supplier of potatoes to McDonald’s and KFC, is set to list through an INR 2,000 cr IPO by 2028. The company plans to launch the IPO in about mid-2027 largely through a fresh share offering.
Reliance Industries filed a writ suit on October 1 challenging an FSSAI judgement that stopped it from marketing its Campa beverages as ‘energy drinks’. Reliance Consumer Products said the move has interrupted operations and it has also hampered brand's image.
PhysicsWallah’s arm FinZ Finance has agreed to sell a loan portfolio worth INR 95.79 cr to NBFC Auxilo Finserve, with the transfer anticipated to be completed within 60 days. The deal will partially close the lending activities of FinZ Finance.
Honda has teamed with Tata Technologies to create vehicles for the Indian market, with the aim of reducing vehicle prices by 20% and development time by 50%. The alliance comes as Honda retools its India strategy amid increased competition and pressure to bring more inexpensive vehicles.
Reliance Jio has now introduced the JE6000 AX3000 Wi-Fi extender in India for INR 3,499, offering an economical solution to enhance connectivity in the home. The dual-band Wi-Fi 6 extender offers combined speeds of up to 3,000 Mbps.
Schneider Electric has agreed to purchase US-based software business PTC in an all-cash deal worth $22.6 billion for the company’s shares and $23.7 billion including enterprise value. The offer of $205 a share is 42.3% over PTC’s most recent closing price.
Lockheed Martin is eyeing to scale up its India manufacturing operations with a potential $10.5 billion Indian military aviation deal for 60 medium transport aircraft. The company has teamed up with TASL to bid for the project under which it will build 48 aircraft in India and supply 12 directly.
According to reports, Jio Platforms is all set to issue its long awaited IPO by end of October at an enterprise valuation of $143-146 billion or around INR 12 lakh crore. The anticipated $3.8 billion IPO will be India’s biggest public offer with up to 27 crore new shares.
DoorDash launches new global competence center in Hyderabad, Telangana, expects to create 3,000 jobs in India over next two years The centre’s initial focus will be on customer service, business operations and administration with 500 people planned in the first phase.
Employees are concerned about the IPO timeline and liquidity, and Flipkart is mulling a new ESOP cash-out option that might let eligible staff sell 20-25% of their vested shares in early 2027. Existing investors may fund the proposed initiative.
Google has announced its latest powerful AI model, Gemini 4 Argon, designed for coding, cybersecurity and complex professional jobs. It is said to give high benchmark results for banking, legal work, software engineering and cyber defence.
Walmart is stepping up its AI effort to change retail shopping with generative AI, agentic commerce, personalised suggestions and autonomous shopping tools. AI-enabled experiences are driving higher add-to-cart rates and repeat purchases, the business says.
Amazon has also increased its Amazon Now ultra-fast delivery service reaches 120+ cities in India doubling its presence in just 2 weeks. The rapid commerce platform has tens of thousands of products, including groceries, fresh fruit, electronics, fashion and household essentials etc.
Jio Finance and Allianz Europe BV have each invested INR 320.05 crore in Jio Allianz General Insurance through a rights issue, making the total funding amount INR 640.10 cr. The funding will be used for the general insurance business in India, including health insurance, by the 50:50 joint venture.
Apple Pay has launched in India with Axis Bank as its first banking partner and qualifying Visa and Mastercard users will be able to make contactless payments through iPhone, iPad and Apple Watch. The solution works for both in-store and online transactions wherever NFC payments are allowed.
OpenAI has apparently stopped the publication of their GPT-6.1 Astra AI model after internal safety tests found issues about its ability to stay aligned with human intent. The move comes amid increasing scrutiny of powerful artificial intelligence systems.
SEBI has ended its proceedings against Gautam Adani, four Adani Group entities and 13 people for alleged violations of minimum public shareholding (MPS) requirements. The parties paid Rs 1.48 crore to resolve the proceedings without accepting or contesting the conclusions.
HCLSoftware, the software arm of HCLTech, has inked an agreement to acquire Robotiq.ai, an enterprise automation business based in Croatia, in a €9 million cash transaction. The acquisition will be made through HCL Technologies Austria GmbH and is expected to close by November 2026.
ITC has completed the acquisition of 100 per cent of Yoga Bar maker Sproutlife Foods by acquiring the remaining 52.5 per cent interest for roughly INR 645 crore. Sproutlife will be a wholly owned subsidiary of ITC as of September 28.
The Supreme Court has declined to issue an interim stay on the proposed 0.4% Merchant Discount Rate (MDR) for some UPI merchant transactions exceeding INR 2,000. While reviewing the legal ramifications of the judgement, a three-judge bench requested comments from the Center, RBI and NPCI.
Anthropic’s private IPO filing underscores a high degree of client concentration and large infrastructure commitments that are anticipated in the future, the report said. The AI startup has noted significant revenue growth in tandem with heavy investment on compute and cloud/infrastructure.
Antony Road Transport Solutions has ordered 840 electric buses from Switch Mobility for deployment in Delhi under the PM E-Drive plan. It involves 420 nine-meter and 420 12-meter electric buses for the Delhi Transport Corporation and Delhi Transport Dept.
Flipkart Ventures has also invested in AI firms Alive and Keploy, supporting them with finance, strategic mentoring and access to Flipkart’s ecosystem to help fuel their growth. Flipkart Ventures has invested in more than 20 early stage firms in AI, consumer internet, logistics-tech & more.
Airbnb and India’s Ministry of Tourism have struck a two-year MoU to enhance the country’s homestay economy and promote growing tourism destinations. The relationship will cover digital onboarding, training, hospitality best practices, listing development, pricing and platform features.
Food businesses have petitioned India’s Supreme Court to review proposed red warning labels on packaged meals, saying customers could mistake them for the mandated red mark for non-vegetarian products. The AIFPA has also challenged recommended nutrient levels for sugar, fat and salt.
HSBC is stepping up its wealth management playbook in India to target high networth clients and expand its footprint beyond the major cities. The bank wants to grow the number of branches from current 34 to 46 in next two years.
Rajya Sabha MP Raghav Chadha has praised the new Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026 by Telecom Regulatory Authority of India (TRAI) that bring in a 30-day validity for voice and SMS-only prepaid Special Tariff Vouchers (STVs).
ITC is building its dairy business in Eastern India with its Aashirvaad Svasti brand focused on fresh milk and value added goods including curd, paneer, lassi and Mishti Doi. The company has emerged as the second largest dairy player of Bihar and is operating in Bihar, West Bengal and Jharkhand.
Zed Entertainment raises stakes in copyright fight with JioStar, moves contempt action in Delhi High Court Zed argues that JioStar continued to use its copyrighted music even after the May injunction banning the publishing, broadcasting, streaming and uploading of licensed compositions.
Private equity company TPG has sold its 2.21% interest worth INR 202 crore in FirstCry via a bulk deal. NewQuest Asia Investments sold 1.2 crore TPG shares at INR 175.15 each III. Goldman Sachs Investments Mauritius bought 68 lakh shares worth INR 119 crore.
Ayurvedic hair care brand Sesa Care’s merger with Dabur India has received nod from NCLT. Dabur bought 51% of Sesa Care in October 2024 and had authorised the merger in May 2025. The deal is intended to boost Dabur’s hair care portfolio and provide cost and revenue synergies.
Amazon will spend $3 billion on India’s quick-commerce company, Amazon Now, by 2030, with $1 billion of that to be spent by the end of 2027. The investment will assist neighbourhood warehouses, fulfilment centers, inventory systems, demand forecasts and product selection.
Google is constructing a prototype satellite for Project Suncatcher, its first in-space test of AI processing infrastructure in orbit. The satellite will transport Google’s Tensor Processing Units, or TPUs, into low Earth orbit to see how they cope with radiation, heat and the stresses of launch.
Starbucks is closing around 250 underperforming outlets in North America, or 1% of its store count in the region. Most of the closures are slated to take place by the end of fiscal 2026 as CEO Brian Niccol continues efforts to improve customer experience and financial performance.
Gupshup has launched an agentic AI solution for the real estate industry to assist developers in automating property discovery, lead qualifying, sales, and post-sale services. The platform links AI agents to CRM, inventory and property management systems.
Adani Group has declared plans to invest over ₹1 trillion in West Bengal by 2035, including ports, logistics, power, highways, green cement and data centers. Chairman Gautam Adani pointed to the state’s strategic position and potential as a major hub for trade.
PhonePe said it wants to engage more than 20,000 frontline staff and roll out over 5 million payment devices across India over the next 12 months. The company will focus on rural and Tier 6 regions.
Oracle’s most recent round of layoffs in its America Cloud Infrastructure segment impacted 546 of 7,185 employees, with many of the cuts coming from middle-management positions. Affected roles included software developers, program managers, and infrastructure engineers.
Amazon is expanding its AI efforts and hiring former employees, including some who were laid off, for positions in artificial intelligence, machine learning and cloud computing. Ex-employees have been approached by recruiters about potential roles and fast-tracked interview processes.
The Chamber of Trade and Industry (CTI) has called on Finance Minister Nirmala Sitharaman to roll back the proposed UPI MDR on high-value merchant payments. From October 15, 2026, a 0.4% MDR will be levied on eligible person-to-merchant UPI transactions above INR 2,000 with a ceiling of INR 300.
FSSAI has suggested one-time introduction of FoPL norms for packaged foods that include more added sugar, fat or salt than is allowed. The suggested framework includes red hexagonal warning labels for nutrients of concern and a front-of-pack warning for non-caloric sweeteners.
Awfis Space Solutions has launched a 100,000 sq ft luxury coworking center, Elite by Awfis at Prestige Trade Center in Delhi Aerocity. The new workplace is for global capability centers (GCCs), large organisations and offers built-to-suit and ready-to-move-in offices.
Instamart intends to build its battery swapping network around the micro-fulfilment centers to speed up the use of EVs in the last mile deliveries. The company is collaborating with Yuma Energy and Yulu to minimise charging downtime, travel and operating costs for delivery partners.
Amazon has launched its first fulfilment and sort centers in Varanasi, Uttar Pradesh, strengthening its delivery network and creating hundreds of jobs ahead of the Christmas season. The new facilities are part of Amazon’s growing logistics footprint across the state.
Anthropic has unveiled Claude Opus 5.5, the latest in its flagship AI lineup that offers increased performance, faster responses, better safeguards, and up to 40% less expensive to run. The model is priced 20% below the Claude Opus 5 and targeted knowledge work, computer use and agentic coding.
Airtel Money has applied for a potential London IPO that would value the company at a minimum of $800 million, one of the largest listings in the UK in recent years. Airtel Africa’s mobile payments operation processed $213 billion in the year to June, with over 53 million monthly active users.
Zetwerk and US-based Ayr Energy have resolved their legal dispute, agreeing to dismiss the allegations pending before the Texas Business Court and to seek termination of the related USITC Section 337 inquiry.
This investment of $100 million by Binance in Circle signifies the extension of the strategic relationship to promote USDC worldwide on its platform. The five-year deal will focus on driving the use of USDC, particularly in emerging economies.
SEBI has completed adjudication proceedings against five entities comprising four Adani Group companies and levied a total fine of INR 1.50 crore. The proceedings were preceded by the regulator’s examination of matters of corporate governance and claims in the Hindenburg report.
Parag Milk Foods is planning to invest roughly INR 100 crore to increase its paneer production capacity from 20 MT per day to 80 MT per day. The company will add 60 MT per day at its Manchar plant in Maharashtra and Palamaner facility in Andhra Pradesh and expects to be operational by June 2027.
PhonePe has got first permission from the UAE Central Bank for two payment licenses for retail payment services, card schemes and stored value facilities. The fintech has yet to commence commercial operations in the UAE and is seeking final regulatory permission.
Paramount Skydance has resolved an antitrust lawsuit filed by 12 U.S. states over its $81 billion purchase of Warner Bros. Discovery, a big hurdle cleared for merging. The settlement includes promises to promote U.S. film production, help workers affected by the transaction and more.
JioStar has entered into a multi-year agreement with SES to expand its robust television broadcast services across India and the Indian subcontinent. Under the terms of the agreement, SES will deliver JioStar’s TV channels via the IS-20 satellite, cable, DTH and broadcast networks across the region.
Sterling and Wilson Renewable Energy has acquired new orders worth over INR 985 crore in India and South Africa. The orders comprise a Balance of System package of 534.3 MWp in Rajasthan and two BESS projects with a combined capacity of 616 MWh in South Africa.
Tesla is under trial on claims of racial discrimination and harassment of Black workers at its factory in Fremont, California. Black employees were subjected to racial slurs, graffiti, unequal pay, less promotion prospects and were segregated into lower-paying jobs.
Security researchers allegedly utilised Anthropic’s Claude AI to exploit a Discourse vulnerability and access computers connected to OpenAI. The breach reportedly revealed authentication tokens of some OpenAI personnel that may have been used to access ChatGPT and GitHub services.
Apple Pay may be launched in India in Oct with support for Axis Bank credit cards. Deals with HDFC Bank and ICICI Bank are yet to be confirmed but Apple is also in talks with the banks for future cooperation. This would allow customers to make contactless purchases using iPhones and Apple Watches.
The FSSAI has taken action against Nestlé India for alleged non-compliance for three baby nutrition products – NAN Excella Pro Stage 1, Lactogen Pro 1 and another formula. The cases, which claimed violations of India’s baby nourishment rules, are still being adjudicated.
SEBI has prohibited Kore Digital Ltd and its MD Ravindra Doshi and key managers Chaitanya and Kashmira Doshi from the securities market for allegedly manipulating financial statements and falsification of revenues of INR 541.30 crore.
The All India Consumer Products Distributors Federation (AICPDF) has asked the government to maintain zero-MDR UPI transactions for merchants, saying the planned taxes could put pressure on low-margin FMCG businesses. The federation asked the Prime Minister for clarity on the INR 1 lakh barrier.
Kuku Technologies gained SEBI permission for its proposed INR 3,500 crore IPO, after privately filed its draft prospectus in June. The OTT audio and microdrama startup will use the IPO revenues for technology, AI infrastructure, content development and expansion.
Applied Materials to invest $5 billion in India over next decade to boost country’s semiconductor ecosystem, green energy ops. The US semiconductor equipment giant will build a 140-acre research park, develop its Indian supply chain and add to its global supplier base.
Huawei unveils Atlas 960 SuperPoD computer cluster as China looks to ramp up indigenous AI chip capabilities in the face of US tech curbs The new system replaces last year’s Atlas 950 and is aimed to deliver higher performance for AI training and inference.
Amazon has introduced Alexa+ in India, with improved conversational AI, kids-friendly features and parental controls. The AI assistant supports English, Hindi and Hinglish and has smart home control, shopping, meal planning, restaurant reservations, music and entertainment capabilities.
BharatPe parent Resilient Innovations has approached the Delhi High Court against Centrum Financial Services and JBCG Advisory Services for alleged illegal transfers and encumbrances of Unity Small Finance Bank warrants.
Bombay Shaving Company has been asked by the Delhi High Court to delete a contentious razor commercial that had shown a courtroom and a judge. The ruling came in the backdrop of a suit filed by Gillette India against Visage Lines Personal Care for trademark infringement and disparagement.
A new AI safety system has been launched by OpenAI to monitor, report and analyse instances of AI misalignment and unexpected model behaviour. The approach permits reporting of potential dangers found during training, testing or real world use, even if no harm is established.
Adidas has acknowledged that it will reduce jobs in its India Technology organization. About 350 of the roughly 700 employees at its Gurugram Tech Hub are likely to be impacted. The company is restructuring its technical operations and the layoffs are aligned with that move.
The government has rejected a request for a rollback of the new UPI Merchant Discount Rate (MDR) structure for some transactions exceeding INR 2,000, stating that the decision was taken after comprehensive deliberations. Consumer-to-consumer UPI payments will remain free.
Meta has introduced Meta One, a paid subscription that offers enhanced access to Meta AI, Instagram, Facebook, and WhatsApp features. There are Core and Premium plans that come with expanded AI capabilities like image and video production, Instagram Restyle and customisation features.
The Gates Foundation will spend $1 billion over the next two years to extend access to AI in healthcare, agriculture and education in the world’s poorest regions. Funds will be allocated to AI training data sets, agricultural programs, healthcare efforts and education projects.
MeitY has given an in-principle approval for setting up an Artificial Intelligence Center of Excellence (AI-CoE) at Bhubaneswar, Odisha to be executed by STPI. The industry partner will be Blue Cloud Softech Solutions, which is planning to invest INR 4 crore in the center.
The Central Consumer Protection Authority (CCPA) has fined Rapido INR 10 lakh for adopting dark patterns that allegedly nudged users into paying higher rates. The authority found tactics such as “Confirm Shaming” and “Interface Interference” on Rapido’s ride-booking interface.
OpenAI, Google and Anthropic are in discussions about potentially collaborating on AI safety guidelines as concerns mount about the perils of developing artificial intelligence.
Canva has teamed up with Reliance Jio to provide qualified Jio members with free access to Canva Pro or Canva Pro Lite for up to 12 months. The INR 399 Jio plan will feature Canva Pro while the INR 349 plan and select 2GB-per-day plans would have Canva Pro Lite.
The 22-member UPI & Services Steering Committee under NPCI is anticipated to take a decision on MDR charges for some UPI transactions exceeding INR 2,000. The suggested fees are aimed at helping UPI remain financially sustainable and invest in its infrastructure, cybersecurity and fraud prevention.
Accenture is paying $25 million to settle US government charges over its diversity, equity and inclusion (DEI) recruiting and promotion practices. The settlement with the US Department of Justice includes civil penalties and interest but does not imply an admission of wrongdoing.
Samsung has invested $231 million in Dutch AI chipmaker Euclyd as demand for alternatives to Nvidia GPUs rises. Euclyd has funded €200 million in a Series Funding to create AI inference processors that cut energy use and data-centre costs.
Google DeepMind has chosen four Indian firms - Climitra Carbon, Terrastack, Farmers for Forests and Varaha Climate - for its first-ever AI for the Planet accelerator. The program is supporting 16 organisations around the Asia-Pacific to use AI and advanced technologies to address climate issues.
Meta will submit suspected cases of child sexual abuse to law authorities, as India escalates its assault on social media sites over kid safety online. The corporation will also raise concerns through the I4C and will work with authorities to tackle harmful content.
The RBI has recommended a 60-day restriction on temporary bank account holds in relation to cyber-enabled financial theft in its draft KYC Amendment Directions, 2026. Banks would have to say to clients look at what they say and pass on suspicions of money mule activity to the authorities.
Oracle has started another wave of layoffs as it steps up expenditure on artificial intelligence infrastructure. The layoffs follow a 13% drop in the company’s employment in FY26 that reduced its headcount to around 141,000 personnel.
Solar Industries will be acquiring South Africa-based Omnia Holdings through its step down company Solar SA Investments in an all cash deal valued at over INR 12,951 crore. Mining, agriculture, fertilisers and industrial explosives are the areas of activity for Omnia in 23 countries.
Airtel and Jio have urged the TRAI to direct Vodafone Idea (Vi) to investigate the charges of unfair trade practices and file a report. Telecom rivals also want stronger rules on fraudulent client acquisition practices related to mobile number portability (MNP).
Amazon is extending its India logistics network with 150 last-mile delivery locations, 20 fulfilment centers and six sort centers ahead of the festive shopping season. The development is part of its approximately INR 2,800 crore investment in infrastructure and operations.
PwC India and PwC US are entering into a joint venture to combine PwC India’s consulting business with PwC US’s acceleration centers in India. The planned JV will employ about 40,000 people and will be owned 49.9% by PwC India and 50.1% by PwC US.
Essar Group has bought UK petrol station operator SGN Retail, which has 118 outlets, to add to its existing fuel retail network. The acquisition will see Essar Energy Transition Retail’s UK petrol stations increase to 235 as the firm seeks 800 locations by 2031.
Microsoft CEO Satya Nadella has emphasised that AI should be for the good of humanity and under human control. He urged for ethical AI development, wider access to technology and a balance between open-source and closed-source models.
Luminous Power Technologies to invest INR 2,000 crore over 5 years to accelerate expansion, expand solar & energy storage companies The firm is establishing a 1.2 GW solar cell manufacturing unit in Odisha and a 500 MWh lithium-ion battery facility in Himachal Pradesh.
Ultraviolette Automotive will invest INR 779 crore to establish a new BIGGA Factory in Hosur, Tamil Nadu to increase its electric car manufacturing capability. The plant is expected to produce 250,000 vehicles a year initially, with capacity for 500,000 units as demand increases.
Flipkart’s finance platform Super.money is introducing AI agents capable of shopping on Flipkart themselves and buying gold when prices hit certain levels. The company aims to expand these agents to bill payments and investments, giving 20% of its IT budget to agentic AI.
Anthropic warned of potential misuse of its AI models, including the Claude series, for developing missiles, conducting cyber-espionage and surveillance activities. The business said it had broken up an alleged enterprise in northern Yemen that employed Claude.
Supreme Court seeks Centre’s reply within 10 days on deadline for food warning labels on packaged products The proposed labels would highlight items rich in added sugar, salt and saturated fat as concerns about food safety and public health mount.
Google announces five new efforts in India to help the country’s climate goals by merging AI, renewable power and climate technologies. Initiatives include a 150 MW solar project in Rajasthan with ReNew Power, rooftop solar intelligence on 300 million structures and more
India has modified its Consumer Protection (E-Commerce) Rules, 2020 to increase transparency and address dark patterns, misleading offers, search manipulation, and undeclared sponsored listings.