- Bengaluru shuts down with the Cauvery dispute - with curfew imposed in sections of the city and Sec 144 in force, the city has been largely peaceful but most offices have stayed closed. Bus service has been halted across the city. ET
- Sequoia Capital, one of India's most active VC investors, is looking to sell its stake in eight startups and 'rationalize its portfolio'. Most of these stakes are in non-tech firms. LiveMint
- Optimism with falling inflation took a punch when industrial production data came out Monday, which shows a sharp fall. Factory output is at its lowest level in eight months, falling 2.4% YoY. The market had hoped for a rate cut from RBI next month in light of the lower inflation numbers, but this may compel the bank to be more cautious. BS
- Reliance Jio is set to raise Rs. 15,000 crore through a rights issue, amid problems with call drops and falling data speeds for new customers. Jio launched its commercial service a month before India's largest ever spectrum auction, which starts on October 1. Firstpost
- Photo of the Day: A pro-Kannada organization protestor carries a scale during protests against a SC order on Cauvery water sharing. AP/FP
