India’s Defence startups look beyond drones, towards maritime opportunities

The Hindu Business Line - Oct 2, 2026

The move is also opening opportunities in adjacent areas such as marine navigation, sensing and surveillance for State governments and civilian maritime communities

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Development works worth ₹52,000 cr in progress in Hyderabad: Deputy CM Bhatti
Oct 2, 2026
Development works worth ₹52,000 cr in progress in Hyderabad: Deputy CM Bhatti

Metro Rail network in Hyderabad to be expanded by 122 kilometres, Telangana Deputy Chief Minister Mallu Bhatti Vikramarka says

Ozone Urbana MD S Vasudevan remanded in ED custody in Rs 927-cr fraud case
Oct 2, 2026
Ozone Urbana MD S Vasudevan remanded in ED custody in Rs 927-cr fraud case

S Vasudevan, chairman of Ozone Urbana Infra Developers, was arrested for alleged money laundering activities. The Enforcement Directorate claims he cheated homebuyers out of nearly Rs 927.22 crore by failing to deliver apartments. Investigations reveal that the company collected funds but did not refund deposits to buyers. The ED has also attached properties worth Rs 423.37 crore during the investigation.

Ozone Urbana MD S Vasudevan remanded in ED custody in Rs 927-cr fraud case
Oct 2, 2026
Ozone Urbana MD S Vasudevan remanded in ED custody in Rs 927-cr fraud case

S Vasudevan, chairman of Ozone Urbana Infra Developers, was arrested for alleged money laundering activities. The Enforcement Directorate claims he cheated homebuyers out of nearly Rs 927.22 crore by failing to deliver apartments. Investigations reveal that the company collected funds but did not refund deposits to buyers. The ED has also attached properties worth Rs 423.37 crore during the investigation.

Global equity funds draw $34.76 billion, log second straight week of inflows
Oct 2, 2026
Global equity funds draw $34.76 billion, log second straight week of inflows

Global equity funds attracted $34.76 billion in the week through September 30, marking a second straight week of inflows as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond. US, European and Asian equity funds all saw inflows, while emerging-market equity funds posted outflows for a fourth consecutive week.

Sebi penalises SMC Global Securities for compliance lapses
Oct 2, 2026
Sebi penalises SMC Global Securities for compliance lapses

Sebi has levied a penalty of Rs 1 lakh on SMC Global Securities due to regulatory infractions, particularly the mishandling of client order-placement records uncovered during an inspection. This examination, covering the period from January to September 2024, highlighted issues tied to unauthorized trading and the oversight of authorized representative Amit Lilhare's client transactions. SMC Global Securities operates under Sebi’s regulations and engages with various stock exchanges across India.

ACC president Mohsin Naqvi to miss India-Pakistan Asian Games final
Oct 2, 2026
ACC president Mohsin Naqvi to miss India-Pakistan Asian Games final

Asian Cricket Council President Mohsin Naqvi will not attend the Asian Games gold medal contest between India and Pakistan. Naqvi is the head of the Pakistan Cricket Board and the country's interior minister. Indian men's and women's cricket teams have refused to take their respective Asia Cup trophies from him as a mark of protest, while expressing their support to the Indian defence forces involved in 'Operation Sindoor'. The BCCI requested the ACC to advise Naqvi to allow his deputy to do the honours, but he refused.

With a mixed scorecard, Trump poised to test his powers again at US Supreme Court
Oct 2, 2026
With a mixed scorecard, Trump poised to test his powers again at US Supreme Court

The US Supreme Court begins its new nine-month term on Monday with several cases testing the scope of President Donald Trump’s powers. Justices will hear disputes involving immigration and deportation policies, while appeals over transgender military service, asylum restrictions, federal prosecutors and executive authority could further shape the boundaries of presidential power.

IIT-B students begin hunger strike demanding accountability over Wakode's death
Oct 2, 2026
IIT-B students begin hunger strike demanding accountability over Wakode's death

IIT Bombay students initiated a hunger strike to seek accountability following the recent suicide of their classmate Sahil Wakode. The students have been protesting for 15 days and are demanding the resignation of the institute's director. After being denied permission to continue their protest at Azad Maidan, Wakode's parents joined their agitation. Key demands include an independent investigation into his death and changes to the inquiry committee.

IIT-B students begin hunger strike demanding accountability over Wakode's death
Oct 2, 2026
IIT-B students begin hunger strike demanding accountability over Wakode's death

IIT Bombay students initiated a hunger strike to seek accountability following the recent suicide of their classmate Sahil Wakode. The students have been protesting for 15 days and are demanding the resignation of the institute's director. After being denied permission to continue their protest at Azad Maidan, Wakode's parents joined their agitation. Key demands include an independent investigation into his death and changes to the inquiry committee.

INDIA bloc coming together in remarkable manner, 2029 Lok Sabha polls will be different story: Salman Khurshid
Oct 2, 2026
INDIA bloc coming together in remarkable manner, 2029 Lok Sabha polls will be different story: Salman Khurshid

Senior Congress leader Salman Khurshid highlighted the recent meeting of the INDIA bloc, noting their remarkable unity and collaborative spirit. He underscored that opposition leaders are now concentrating on their valuable contributions to the alliance, which has seen a marked reduction in previous divisions. The collective aim is to gear up for the 2029 elections, hinting at a potentially transformative political landscape if all members commit wholeheartedly.

Northern Ireland announces new driving licence laws for young drivers: All you need to know about GDL scheme
Oct 2, 2026
Northern Ireland announces new driving licence laws for young drivers: All you need to know about GDL scheme

A new graduated driver licensing scheme will be rolled out in Northern Ireland on October 1, 2026. This initiative mandates a six-month learning phase for novice drivers before attempting their practical test. Drivers under the age of 24 will also have nighttime restrictions on young passengers, alongside a doubled duration of displaying an R plate for 24 months.

The new fault line | Manipur's Naga-Kuki conflict
Oct 2, 2026
The new fault line | Manipur's Naga-Kuki conflict

The new fault line | Manipur's Naga-Kuki conflict

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