Mirae Asset Venture Fund II Raises ₹1,125 Cr in First Close
Mirae Asset Venture Opportunity Fund II successfully closes its first round at ₹1,125 crore, targeting high-growth Indian tech, AI, and manufacturing companies.
Tata Stocks Rise: Chandrasekaran to Exit by 2027
Tata Group stocks rebound as Chairman N. Chandrasekaran confirms his departure by February 2027, following a board reappointment impasse.
Shiprocket Secures ₹727 Cr Pre-IPO Funding
E-commerce platform Shiprocket raises ₹727.41 crore from anchor investors at ₹97 per share, ahead of its upcoming IPO. 50 investors participated.
Technocraft Industries Q1 Profit Soars 68% to ₹133.69 Cr
Technocraft Industries (India) reports a remarkable 68.38% jump in Q1 net profit to ₹133.69 crore, driven by strong revenue growth and improved margins.
Gaja Capital IPO: India’s First Listed PE Firm Launches ₹550 Cr Offering
Gaja Capital announces a ₹550 crore IPO, marking India’s first listed private equity firm. Details on subscription, price band, and listing date.
Shein Loses UK Copyright Lawsuit to Temu, Faces Compensation
UK court rules fast fashion giant Shein infringed copyright against Temu, ordering compensation for removed product listings. Setback for Shein’s IPO plans.
India Mutual Funds Hit Record AUM, SIPs Strong Despite Equity Dip
India’s mutual fund industry reaches record AUM of ₹85.76 lakh crore in July 2026, driven by strong SIPs, even as equity inflows see a 15% dip.
Air India Resumes Salary Hikes Oct 1 Amid Market Challenges
Air India CEO Campbell Wilson announces salary increments resume Oct 1, a positive step despite market headwinds and fleet transformation goals.
MSCI India Index Rejig: New Stocks Added, Others Removed
MSCI India Index sees a major reshuffle with 4 new stocks added and 3 removed effective August 31, 2026. Learn about the key changes impacting the Indian market.
SEBI Overhauls SME IPO Rules: Valuations Up to ₹4,000 Cr
SEBI proposes major SME IPO framework changes, allowing companies up to ₹4,000 crore valuation to list on SME platforms. Key reforms discussed.
Spectrum Electrical: Preferential Issue Details Corrigendum
Spectrum Electrical Industries Limited issued an EGM corrigendum on Aug 13, 2026, clarifying preferential issue details, fund deployment in money market instruments, and allottee status.
Muthoot FinCorp IPO: Rs 3,000 Cr to Boost Capital & Lending
Muthoot FinCorp files DRHP for a Rs. 3,000 crore IPO to strengthen Tier-1 capital and fund lending growth, leveraging its diversified gold loan business.
India’s UPI Ecosystem Attracts $5.8B Funding Since 2021
India’s UPI ecosystem has secured $5.8 billion in equity funding across 371 rounds since 2021, signaling robust growth and investment in the nation’s digital payments sector.
L&T Finance Raises ₹200 Cr via Private Placement NCDs
L&T Finance successfully raised ₹200 crore through the private placement of 200 subordinated, unsecured NCDs with a 3653-day tenor and an 8.20% coupon rate.
Navi Ltd. IPO: $315M Raise at $2B Valuation
Fintech startup Navi Ltd., co-founded by Sachin Bansal, plans a $315 million IPO in India at a $2 billion valuation, aiming for a December prospectus submission.
CXMT Overtakes Tencent: China’s New Most Valuable Company
CXMT Corp. now leads China’s market with a $524B valuation, surpassing Tencent ($510B) due to surging AI demand for memory chips.
Stock Picks: Vedanta, HDFC Bank, Lenskart – Buy, Sell, Hold
Market experts share “Buy, Sell, or Hold” stock recommendations for Vedanta, HDFC Bank, Lenskart, and more on NDTV Profit. Get expert insights.
Veranda Learning Posts Rs 29 Cr Profit in Q1 FY27
Veranda Learning Solutions achieves a Rs 29.12 crore net profit in Q1 FY27, a significant turnaround from last year’s loss, fueled by a 41.52% surge in sales to Rs 149.54 crore.
Magna Electro Castings Invests Rs 17 Cr in New Machining Division
Magna Electro Castings approves Rs 17 crore investment for its first in-house machining division in Coimbatore, aiming for fully-machined, ready-to-fit components by January 2027.
BHEL Partners Hystar for Green Hydrogen PEM Electrolysers
BHEL collaborates with Norway’s Hystar AS to indigenize PEM electrolyser systems, boosting India’s green hydrogen manufacturing capabilities and expanding its green energy portfolio.
Tata Trusts Begins Search for New Tata Sons Chairman
Tata Trusts has officially started the search for the next Tata Sons chairman, following N Chandrasekaran’s decision not to seek reappointment beyond his current term ending in 2027.
Solar Industries Profit Soars 92.6%, Shares Hit Record High
Solar Industries Ltd. reports a remarkable 92.6% surge in Q1 FY27 net profit, driving its stock to a new all-time high. Revenue also climbs over 70%.
63 Moons Technologies Stock Plummets 6.91% on BSE ‘A’ Group
63 Moons Technologies Ltd shares dropped 6.91% to Rs 806.15 on August 13, 2026, leading BSE ‘A’ group decliners. Sky Gold & Diamonds and Thyrocare also saw significant drops.
Indian MFs Invest ₹15.9K Cr in July, FIIs Sell ₹11K Cr
Indian mutual funds injected ₹15,900 Cr in July, boosting portfolios as Foreign Institutional Investors divested ₹11,000 Cr. Discover key stock movements.
OpenAI’s Friction Email: Direct Leadership Access for Employees
OpenAI empowers employees with ‘friction@openai.com,’ a direct channel to senior leadership for rapid issue resolution and bypassing bureaucracy.
Minda Corp Q1 Profit Surges, IGL Profit Dips
Minda Corp’s Q1 profit triples on a one-time gain with 33% revenue growth. Indraprastha Gas (IGL) sees a 32.9% profit decline in Q1 FY27.
Page Industries Stock Falls 4% on Q1 Profit Dip, ₹200 Dividend
Page Industries shares dropped 4% after Q1 FY27 net profit declined to ₹193 crore despite a 7.9% revenue increase. An interim dividend of ₹200 per share was declared.
Tata Sons Faces Leadership, IPO Challenges Post-Chandrasekaran
N Chandrasekaran’s 2027 exit triggers succession, IPO, and venture investment challenges for Tata Sons. Key financial updates and Air India’s status.
LEAP India IPO Listing Aug 14: 8.5% Gain Expected
LEAP India’s IPO lists on August 14 with a potential 8.5% gain indicated by Grey Market Premium. Explore key figures and market insights.
SBI Raises $500M Offshore Bonds at 5.25% with Strong Demand
State Bank of India successfully raised $500 million in offshore bonds at a 5.25% coupon, attracting a $2.46 billion orderbook and tightening pricing by 32 basis points.