Startup & Tech Daily Digest: 29 Sept

The Bengaluru-based incubator and impact fund has announced the appointment of a new CEO. Having successfully backed 450 startups to date, this leadership change marks a pivotal moment for the organization as it continues to foster innovation in the social impact space.

Nithin Kamath has sparked a significant conversation regarding corporate social responsibility by questioning the necessity of India’s 2% CSR rule. He suggests that the government should instead consider raising the corporate tax rate from 25% to 27% to fund social programs more efficiently, challenging the current efficacy of mandatory corporate spending.

Lloyds Enterprises has officially settled a case with the Securities and Exchange Board of India (Sebi). The company paid ₹1.28 crore to resolve the matter without admitting any guilt, effectively closing the regulatory chapter.

HSBC Mutual Fund has named Anuj Rathi as its next Chief Executive Officer. This appointment is expected to bring fresh strategic direction to the firm as it navigates the evolving landscape of the Indian mutual fund industry.

As of 29 September 2026, precious metal markets show gold steadying while silver faces downward pressure. 24K gold is currently trading at ₹147,570 per 10g, while silver is priced at ₹226,280 per kg following a recent market correction.