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    Bank unions to go ahead with 3-day nationwide strike from Sep 28
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    Bombay HC warns Vijay Mallya against sharing court documents on social media
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    Bizspoke Pvt. Ltd. and Sol Production LLP Launch Aria Weddings, a New Luxury Celebrations Venture
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September 22, 2026
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Five-day banking demand drives a proposed nationwide bank strike after conciliation remains inconclusive during half-yearly closing.
Proposed nationwide three-day bank strike from 28-30 September 2026 follows an inconclusive conciliation meeting. The strike is linked principally to the demand for five-day banking, with reconsideration contingent on concrete and positive progress toward its implementation. Other demands cover pension upgradation, a uniform dearness allowance formula for pensioners, and an option for National Pension System-covered employees to switch to the old pension scheme.
September 22, 2026
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PMLA maintainability turns on whether a private complaint can initiate money-laundering proceedings without a predicate-offence FIR.
Maintainability of PMLA proceedings is contested where the alleged scheduled offence originates in a private complaint rather than an FIR. Respondents contend that a private complaint cannot form the basis for an Enforcement Case Information Report, money-laundering investigation, or prosecution, because the statutory framework recognises predicate-offence action through an FIR or a complaint by a person authorised to investigate.
September 22, 2026
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Related-party transaction disclosure and audit-report compliance proceedings conclude through settlement without admissions by five companies.
Securities-market settlement proceedings concerning five Adani group companies addressed alleged non-compliance with listing-related disclosure and audit-report requirements. Allegations included failure to disclose certain related-party transactions and audit or limited-review reports signed by firms lacking a valid peer review certificate. While adjudication remained pending, the companies proposed settlement without admitting or denying the findings of fact or conclusions of law.
September 22, 2026
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Social media publication of court-related affidavits in pending money-laundering proceedings must not displace submissions through judicial process.
Use of court-related affidavits in pending money-laundering proceedings must remain within the judicial process. The Bombay High Court cautioned Vijay Mallya against publishing on social media an Enforcement Directorate affidavit served on his legal team before its submission to the court, stating that parties should place their submissions before the court and that such publication undermines the efficacy of judicial proceedings.
September 22, 2026
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Related-party transaction disclosure and auditor peer-review compliance failures were resolved through settlement without admissions by listed companies.
SEBI settled adjudication proceedings against five listed companies concerning alleged related-party transaction disclosure failures, corporate-governance compliance, and audit or limited-review reports signed without valid peer review certification. The companies sought settlement without admitting or denying the findings of fact or conclusions of law after a show-cause notice proposed inquiry and penalties. The settlement terms were recommended by the High Powered Advisory Committee, accepted by the Panel of Whole Time Members, and implemented upon receipt of the prescribed settlement amounts.
September 22, 2026
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Luxury wedding venture Aria Weddings integrates planning, production and storytelling to deliver bespoke celebrations across selected destinations.
Aria Weddings is launched by Bizspoke Pvt. Ltd. and Sol Production LLP as a luxury weddings and celebrations venture offering end-to-end planning, design and execution for personalised, experience-led celebrations across India and select international destinations. Its services cover concept development, experience and de cor design, entertainment, production, on-ground execution, photography, films and other visual content.
September 22, 2026
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Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
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Money-laundering enforcement includes searches of public-development and housing-administration offices as part of a PMLA investigation.
Enforcement Directorate searches at the Greater Mohali Area Development Authority and the office of Punjab's Principal Secretary for Housing and Urban Development form part of a PMLA investigation. The enforcement action is directed at institutional and official premises connected with public development and housing administration in Punjab, involving a development authority and a senior housing-administration office.
September 22, 2026
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Missing-person FIR registration requires immediate action, while police must account for unidentified-body cremation and missing CCTNS records.
Missing-person investigations require immediate FIR registration upon receipt of information, without a preliminary inquiry, with relevant kidnapping and trafficking provisions incorporated. A missing child must ordinarily be presumed kidnapped or abducted from the outset. Police accountability has been sought over cremation of an unidentified body linked to a missing person, delayed family intimation, and missing recovery details on the CCTNS portal. Recovered persons should undergo Aadhaar verification or enrolment to support identification.
September 22, 2026
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Hub-and-spoke flight security requires strengthened controls after an immigration-processing lapse exposed risks in seamless international passenger transfers.
Hub-and-spoke international flight operations allow passengers to complete check-in, immigration and customs formalities at designated spoke airports before travel to a hub, then board onward international flights without repeat processing while baggage is transferred seamlessly. Security and immigration compliance have been strengthened after an onward passenger transfer occurred without completed immigration procedures. A show-cause notice, staff suspensions and a review of carrier checks and balances form part of the response.
September 22, 2026
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Talent assessment beyond examination results supports early identification, industry immersion, and individualized development for emerging-technology students.
Candidate assessment extends beyond examination results to evaluate passion and ambition, critical thinking and vision, grit and resilience, and empathy and teamwork through a structured six-stage selection process. Each student follows an individualized pathway integrating academic preparation, industry exposure and practical challenges. Students engage with real-world code, production lines and active research projects, supported by academic and industry mentors and an AI-enabled platform that develops independent thought, sound judgment and applied problem-solving.
September 22, 2026
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Women's empowerment and leadership shaped a national image-consulting platform for professional learning, collaboration, recognition and confidence-building.
ILCI Image Fiesta - Season 4 brought together image consultants, professionals and allied experts for knowledge-sharing, collaboration and recognition, with emphasis on women's empowerment, leadership, life skills and professional confidence. Colour Intelligence was unveiled, addressing colour science, psychology and its application to identity, communication, branding and personal image. Educational sessions and panel discussions covered professional presence, entrepreneurship, resilience, behavioural mastery and opportunities for women. The ILCI Image Excellence Awards recognised 17 professionals and organisations across image consulting, styling, beauty, wellness, leadership and related fields.
September 22, 2026
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Narcotics trafficking enforcement targets concealed cross-border and domestic cannabis, cocaine, and amphetamine movement through seizures and arrests.
Enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 targeted drug trafficking through intelligence-led interceptions of cannabis, charas/hashish, cocaine and amphetamine consignments. More than 845 kg of contraband was seized across rail, road and airport transit points, with 15 persons arrested. Operations addressed cross-border and domestic movement, including concealment in clothing, baggage, commercial cargo, consumer-product containers and textiles, and extended to a receiver and organiser linked to amphetamine trafficking.
September 22, 2026
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Five-day banking demand prompts continued dialogue as employees are urged to avoid strikes and maintain uninterrupted services.
Industrial-relations engagement addresses strike action seeking a five-day banking week and withdrawal of the Performance Linked Incentive scheme. The scheme has been kept in abeyance, while conciliation continues on the five-day workweek demand. Employees are urged to resolve issues through dialogue and maintain uninterrupted banking services. Workforce measures include revised pay scales, welfare benefits, streamlined recruitment and promotions, improved transfers, pension-related benefits, medical insurance, disability-related allowances, and early negotiations for the next Bipartite Settlement.
September 22, 2026
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Preventive Drug Awareness Partnership establishes voluntary youth education, community outreach, and wellness activities without enforcement or policing functions.
The cooperative framework supports preventive drug-awareness campaigns, youth-empowerment initiatives and community outreach programmes through value-based education, awareness of harms associated with narcotic drugs and psychotropic substances, and information on counselling, recovery and treatment avenues. Activities include seminars, workshops, exhibitions, rallies, competitions and digital awareness initiatives, with focus on educational institutions, rural communities and youth. Activities remain voluntary, educational, inclusive and non-regulatory, and participating volunteers cannot perform enforcement, investigation or policing functions.
September 22, 2026
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Core industry index growth is driven by electricity, cement, and iron ore despite contraction across coal, natural gas, and fertilizers.
The Index of Core Industries (ICI), using base year 2022-23, records a provisional overall index of 119.2 for August 2026, representing year-on-year growth of 4.8 per cent against August 2025. The July 2026 overall index has been finalised at 120.8 in place of its provisional value of 121.2, with the associated year-on-year growth revised from 5.4 per cent to 5.0 per cent. August 2026 data remain provisional.
September 22, 2026
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Tariff liberalisation under the India-New Zealand FTA grants Indian exports duty-free access while protecting sensitive agricultural products.
From 20 October 2026, the India-New Zealand Free Trade Agreement applies duty-free treatment to all tariff lines covering Indian exports to New Zealand, while preserving exclusions for sensitive Indian agricultural products. Market access for New Zealand apples, kiwifruit, and Manuka honey remains subject to tariff rate quotas, minimum import prices, seasonal windows, and safeguards. Services commitments, mobility routes, investment facilitation, agricultural cooperation, and recognition of specified international inspection approvals form further components.
September 21, 2026
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Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
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Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
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Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.

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Hexaware Comments on Meritless Patent Lawsuit Filed by Natsoft

October 28, 2025

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MUMBAI, India, ISELIN, N.J. and LONDON, Oct. 28, 2025 /PRNewswire/ -- Hexaware Technologies Limited (NSE: HEXT), a global provider of IT solutions and services, today issued a statement regarding a patent lawsuit filed in the United States by Natsoft Corporation and its affiliate, Updraft LLC, against Hexaware Technologies Limited and its subsidiary, Hexaware Technologies Inc (the "Company"). The Company denies all allegations in the lawsuit and believes these claims are without merit and that it will be vindicated in this litigation on all counts. The Company does not expect this lawsuit to have any material financial or operational impact on the Company. The Company will vigorously defend its position through proper legal channels and is considering all options available at this time, including a possible challenge to the validity of the asserted patents and a motion to dismiss the complaint lodged against it. The Company is confident that it will prevail on the merits of this legal action. "Intellectual property disputes are an inevitable part of the technology industry's relentless pace of innovation. Many successful service providers have faced patent claims as they pioneered new solutions and transformed markets. Our clients rely on us to modernize mission-critical systems with speed, safety, and clear outcomes. Nothing about this filing changes that," said Srikrishna Ramakarthikeyan, CEO, Hexaware. "Our platforms are the result of original engineering, and we'll stay focused on delivering value. We're confident in a positive outcome as the facts are reviewed." The Company maintains that its platforms, including the platforms accused of infringing Natsoft's patents (Amaze®, Tensai®, and RapidX™), are the result of original engineering, involving years of in-house research and development and significant financial investment. The Company states that these products offer far more advanced functionalities than those claimed in the patents implicated in the lawsuit, and they do not infringe upon any Natsoft or third-party intellectual property rights. All three Hexaware platforms referenced are fundamentally different from, and superior to, other platforms in the market. Hexaware has successfully filed and obtained patent protection for some of the methods embodied by Amaze® and Tensai®, underscoring their originality (Hexaware recently received a Notice of Allowance for a U.S. patent related to the Tensai® product; the patent is expected to issue shortly). Amaze® is Hexaware's modernization platform, purpose-built to refactor and migrate legacy applications while preserving existing business logic. Unlike other solutions, Amaze® decomposes monoliths into microservices, streamlining containerization using a deterministic and compliant transformation methodology. Tensai® ATOP (the Autonomous Testing Orchestration Platform is the only module of Tensai® at issue) is Hexaware's comprehensive automation and assurance platform, spanning cloud-native operations, orchestration, integration, and quality engineering activities across leading enterprise systems. Its functionality delivers unified dashboards, advanced data visibility, and GenAI-powered automation without scanning application code. RapidX™ is a new, proprietary GenAI-era platform that creates a detailed X-ray of the business logic in legacy code and converts it into a modernization blueprint with EPICs for development. RapidX™ works with industry-leading platforms to generate new code guided by the blueprint of legacy code. Hexaware anticipates no material change to its operations, ability to serve customer commitments, partner programs, or financial position as a result of this lawsuit. About Hexaware Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com. Logo: https://mma.prnewswire.com/media/2237417/Hexaware_NEW_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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