Lalithaa Jewellery IPO: ₹508 Cr Anchor Funding Secured
Lalithaa Jewellery Mart raises ₹508.20 Cr from 22 anchor investors, including Goldman Sachs, ahead of its IPO. Price set at ₹201 per share.
NMDC Steel Q1 Profit Drops 87% Amid Margin Squeeze
NMDC Steel’s Q1 FY27 net profit plunges 87.1% to Rs 50.5 crore due to a 50.4% EBITDA drop and significant margin contraction.
Patanjali Foods Q1 Profit Soars 87%, Declares Two Dividends
Patanjali Foods reports an 86.7% surge in Q1 FY27 net profit to Rs 336 crore, with revenue up 29.3%. Company declares two interim dividends.
Voltas Q1 Profit Soars 52.2% to ₹214 Cr, Eyes Compressor JV
Voltas Ltd reports a stellar Q1 FY27 with a 52.2% profit jump to ₹214 crore and 18.7% revenue growth, driven by its cooling products division. Strategic compressor JV announced.
Maharashtra FDA Suspends 14 Quick-Commerce Licenses
Maharashtra FDA suspends 14 food business licenses for quick-commerce firms like Blinkit and Zepto after raids, issuing 60 improvement notices.
Anticipatory Resilience: Enterprises Pivot to Proactive Crisis Prevention
Enterprises are moving beyond recovery models to anticipatory resilience, proactively identifying and addressing changes before they become full-blown crises.
Reliance, Rolls-Royce to Develop India’s Fighter Jet Engine
Reliance Industries and Rolls-Royce partner to develop a sovereign combat engine for India’s AMCA program, boosting indigenous defense capabilities and ‘Atmanirbhar Bharat’.
Purple Style Labs Eyes ₹660 Cr IPO by Aug 2026 Post-SEBI Nod
Pernia’s Pop-Up Shop parent, Purple Style Labs, gears up for a ₹660 crore IPO by August 2026, having secured SEBI approval. Funds to boost retail expansion and marketing.
WeWork Global Sells 2.5% Stake in WeWork India for Rs 244 Crore
WeWork Global’s affiliate divested a 2.5% stake in WeWork India Management for Rs 244 crore via open market transactions on August 14, 2026. Learn more.
Zaggle Prepaid Q1 Profit Plummets 57% Amid Margin Squeeze
Zaggle Prepaid Ocean Services Ltd. reports a sharp 56.9% sequential decline in Q1 FY27 net profit and revenue, with operating margins contracting significantly.
NMDC Q1 Profit Up 1.9% Amid Margin Pressure
NMDC reports a 1.9% rise in Q1 FY27 net profit to Rs 2,006 crore. Revenue flat, EBITDA margin contracts to 36.3% despite strong iron ore performance.
Vedanta Acquires Punnam Manganese Block in Andhra Pradesh
Vedanta Limited secures the Punnam manganese block in Andhra Pradesh, enhancing its mining portfolio and domestic supply chain for critical industrial metals.
Rasandik Engineering Sees 26.89% Sales Surge, Loss Narrows
Rasandik Engineering Industries India reports a significant 26.89% sales increase to Rs 17.60 crore and a reduced net loss of Rs 0.71 crore in Q1 2026.
Gillette India: Rs 60 Final Dividend Record Date Set for Aug 24
Gillette India confirms August 24 as the record date for its Rs 60 final dividend. Shareholders to receive payment by September 30, following AGM approval.
Technocraft Ventures Lists with 34% Premium on NSE & BSE
Technocraft Ventures makes a strong market debut, listing at over 34% premium on NSE and BSE, exceeding IPO expectations after raising Rs 252 crore.
Discount Brokers Revolutionize Indian Stock Investing: Low Costs, High Tech
Discover how new-age discount brokers are transforming India’s stock market with technology-driven platforms and significantly lower trading costs. Learn about key players like Pocketful and Zerodha.
Air India CEO-Designate Tewolde Gebremariam Visits India
Air India’s incoming CEO, Tewolde Gebremariam, visits Delhi and Mumbai for crucial meetings as he prepares to lead the airline’s expansion next month.
Baroda BNP Paribas AMC Appoints Madhukumar Nair as New CEO
Baroda BNP Paribas Asset Management appoints Madhukumar Nair as new CEO, effective August 14, 2026. Nair brings over 28 years of industry experience.
Reddit Stock Soars 13% on S&P 500 Inclusion News
Reddit shares jump 13% pre-market as it prepares to join the S&P 500 index, replacing AvalonBay Communities Inc. effective August 18.
India’s Retail & MSME Credit Soars, Boosting Financial Access
India sees a surge in retail and MSME credit, expanding financial inclusion. Millions more borrowers now access formal credit, transforming the economic landscape.
BMW Industries Profit Soars 25.79% in June 2026 Quarter
BMW Industries reports a strong Q1 2026 with net profit up 25.79% to Rs 19.12 crore and sales rising 11.64% to Rs 166.00 crore.
SAT Approves Zee Entertainment’s ₹3,143 Cr Warrant Issue
Securities Appellate Tribunal clears Zee Entertainment’s ₹3,143 crore preferential warrant issue, providing vital fundraising relief and extending the issuance deadline.
Indian Stocks Dip 4th Day: Crude Surge, Foreign Selling Hit Markets
Indian equity markets extended losses for a fourth consecutive day on August 14, 2026, as surging crude oil prices and foreign investor selling weighed on the Nifty and Sensex.
UTI Launches New Balanced Hybrid Fund: Your Investment Guide
Explore UTI Mutual Fund’s new Balanced Hybrid Fund. Learn about NFO dates, minimum investment, fees, and how it blends equity & debt for your portfolio.
Shiprocket IPO Oversubscribed 99x, Raises Rs 727 Cr
Shiprocket’s IPO garnered massive investor interest, closing 99.38 times oversubscribed and securing Rs 727.41 crore. Funds to fuel tech expansion and debt reduction.
Bank of America Invests $1.9B in Jio Credit for 49.9% Stake
Bank of America invests $1.9 billion for a 49.9% stake in Jio Credit Limited, expanding its digital financial services presence in India.
Ashok Leyland Q1FY27 Profit Up Marginally to ₹615.81 Cr
Ashok Leyland reports a marginal 0.78% rise in Q1FY27 consolidated net profit to ₹615.81 crore, with total income up 12.29%. Standalone profit also sees growth.
Kalpataru Projects Wins ₹3,526 Cr Orders
Kalpataru Projects International (KPIL) announces a significant boost with ₹3,526 Crores in new orders, strengthening its project pipeline and market position.
Admach Systems Lands Rs 1.59 Cr Order, Order Book Hits Rs 68.37 Cr
Admach Systems secures a Rs 1.59 crore order for a Bar Handling System, expanding its total order book to Rs 68.37 crore. Project to be completed in 7 months.
Natco Pharma Q1 Profit Dives 57% Amid Revenue Slump
Natco Pharma’s Q1 FY27 consolidated net profit plunges 57% YoY to Rs 207 crore, with revenue also dropping 44.7%. Explore the financial downturn and dividend approval.