As noted, the current TNA World Title series playing out on Impact Wrestling is a series of matches taped back in July. Spanish wrestling site SoloWrestling has an article here looking at the results from the tapings to determine the winner.
It was noted that the matches were taped out or order, and that their prediction could be wrong. From what they deduced, Matt Hardy will defeat Eric Young in the semifinals, while Lashley will defeat EC3. Lashley will then defeat Matt Hardy in the finals to win the TNA World Heavyweight Championship.
It should be noted that the tournament should be playing out over the next couple of months, so if they do tape TV in India later this month as expected, they will be doing the tapings with no World Champion officially crowned.