Industry News

OpenAI unveils GPT-6.1 Sol and ‘Dots’ AI agents at DevDay

Sam Altman unveils lower-cost model at DevDay as OpenAI showcases always-on AI agents powered by GPT-6 Astra

Also covered by: The Hindu - Industry

NCLAT issues notice to creditors on Subhash Chandra's plea; sets next hearing for October 29-30

A three-member Bench of NCLAT also granted a week's time to Subhash Chandra to file a rejoinder to the creditors' reply

OpenAI shelves GPT-6.1 Astra over safety concerns, halts October release

Model reportedly struggled with staying within authorised scope and accurately communicating its actions, even as rival Anthropic warns investors of potentially catastrophic AI risks

Cleartrip bets on holidays for growth; targets high-single-digit share

The platform is trying to build a new revenue engine around holidays after spending nearly two decades scaling its air and hotel businesses

Tata Trusts within right to seek merger, but Tata Sons can challenge: Lawyer

The proposed restructuring aims to take Tata Sons out from NBFC/CIC framework. Whether that objective could be achieved depend on final structure and RBI’s assessment, not on unilateral decision by…

ZEISS Group sees India’s tough operating terrain as global test lab

For ZEISS, India’s toughest conditions may become the proving ground for some of the world’s most resilient precision technologies; Chennai facility would go beyond being an R&D centre to become part…

Higher demand revives operations at small foundries in Coimbatore

Rupee falls 16 paise to 96.13 against U.S. dollar in early trade

Forex traders said the rupee is under pressure largely due to the combination of firm oil and rising U.S. nominal and real yields, which together are drawing portfolio flows out of emerging markets,…

Also covered by: The Hindu market, The Hindu market, The Hindu market, The Hindu market

Sun Pharma inks pact with LIB Therapeutics to sell LDL-C drug

Lerodalcibep is approved in the EU under the brand name Lyrokaul. In the U.S, it is FDA-approved under the brand name Lerochol

NMDC commissions 2 MTPA pellet plant in Nagarnar

The project is part of broader expansion and diversification strategy, particularly as it eyes raising iron ore production capacity to 100 million tonnes in the long term

Natco Pharma to enhance total investment in eGenesis to $25 million

Natco Pharma’s Canadian subsidiary will invest $13.7 million, while Natco Pharma USA LLC will contribute $3 million

Bank strike: Why has UFBU deferred it and not called it off?

The United Forum of Bank Unions decided to defer the proposed three-day bank strike following progress in discussions with the IBA

Bank unions defer three-day nationwide strike after ‘understandings reached’ with IBA

A high-level committee of the Indian Banks’ Association and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays, the statement said

Boeing finds software glitch in automated flight guidance system of MAX planes

Boeing has issued an advisory to operators to reset the system following a missed approach as a precautionary measure to address the issue

Unions to go on 3-day nationwide bank strike from September 28, services to be impacted

The impact is expected to be felt primarily at public sector banks, old generation private sector banks and regional rural banks, though digital banking and other online services are likely to remain…

Mobile phone retailers to protest against UPI MDR charges on October 2

The All India Mobile Retailers Association for the Delhi NCR region said retailers will symbolically cover UPI QR codes with black cloth and refrain from accepting UPI payments on Gandhi Jayanti

Mahindra & Mahindra weighs SUV price hike amid rising commodity costs

Automotive President and CEO Nalinikanth Gollagunta says the company will decide in the next couple of weeks, after three price increases already in 2026

Centre orders captive coal power plants to maximise power output on surging demand

The Power Ministry has directed ⁠generators to sell surplus electricity through power exchanges.

DHL Express to hike charges by 8.9% in India from Jan

DHL Express said it adjusts its prices annually to account for inflationary pressures, currency fluctuations, and industry-specific cost developments.

NTPC, EDF sign pact to develop RE projects in India

The joint venture (JV) agreement was signed on September 25 in the presence of NTPC Chairman Gurdeep Singh and Bernard Fontana, Chairman and CEO of EDF SA, France