Friday, 28 August 2026 MUMBAI EDITION LIVE

Sandhya Devanathan Quits Meta India

Meta India head quits, Nepal floods kill 469, Sensex volatile

Mumbai Alert · Markets Desk
Mumbai Alert · Markets Desk
Markets Desk · Mumbai Alert News · Fri, 28 August 2026 at 05:07 pm
Sandhya Devanathan Quits Meta India

Sandhya Devanathan, the head of Meta India, has resigned from her position. This news comes as a surprise to many in the tech industry.

The resignation of Devanathan has raised questions about the future of Meta in India. Meta, the parent company of Facebook and Instagram, has been facing challenges in the Indian market.

In other news, the recent flash floods in Nepal have killed 469 people and left over 1,400 missing. The floods were caused by a massive ice and rock collapse near the Nepal-Tibet border.

The Indian government has announced plans to acquire the US Javelin anti-tank system. This system is a man-portable, shoulder-fired weapon designed to precisely strike armoured vehicles.

The Sensex experienced sharp volatility during the BSE's Closing Auction Session on Thursday. The index fell over 2,200 points before recovering nearly 2,000 points.

The people of Uttar Pradesh's Kashi performed a Ganga Aarti to honour the victims of the Nepal flash floods. The event was organised by the Gangotri Seva Samiti and was dedicated to the people affected by the floods.

The Nepal flash floods have raised questions about the warning system in place. Experts say that limited monitoring and delayed communication left communities with little time to escape.

The acquisition of the Javelin anti-tank system is seen as a significant step forward in the US-India defense relationship. It also opens the door to co-production possibilities.

The Sensex volatility has raised concerns about the stability of the Indian stock market. The introduction of the Closing Auction Session was aimed at improving closing-price discovery and curbing last-minute price manipulation.

In conclusion, the resignation of Sandhya Devanathan, the Nepal flash floods, and the Sensex volatility are some of the major news stories of the day. These events have significant implications for the tech industry, the Indian government, and the stock market.

Frequently asked questions

Who is Sandhya Devanathan?

Sandhya Devanathan is the former head of Meta India.

What caused the Nepal flash floods?

The floods were caused by a massive ice and rock collapse near the Nepal-Tibet border.

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