- ONGC plans to seek compensation for the gas worth Rs. 11,000 crore taken by RIL in the KG basin. While the Shah panel said that compensation should go to the government and not the company, ONGC insists that since they discovered the gas, they are owed recompense. FE
- ICICI Bank is planning to use robots for a fifth of its internal jobs, including updating addresses and mobile numbers, and resolving ATM queries. The lender started experimenting with bots at the beginning of the financial year, and is now set to expand their use. BS
- Online education startup Byju's has become the Zuckerberg Foundation's first investment in Asia. Byju provides learning and exam prep programmes for competitive tests such as the JEE, CAT, and IAS. LiveMint
- Amrapali, Unitech and ATS have emerged among the top five defaulters in payments for land allotted to them in Greater Noida. If the defaulters fail to pay they face lease cancellation and penalty interest on their dues. ET
- Photo of the Day: A wheelchair performer takes part in the opening ceremony of the Paralympics in Rio. Reuters
