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Musk's Wealth Dips $87.2 Billion as SpaceX Stock Plunges 13%

Elon Musk Loses $87.2B as SpaceX Stock Plummets 13%

Elon Musk’s net worth dropped $87.2 billion after SpaceX shares fell nearly 13% post-earnings report, highlighting investor concerns over AI infrastructure spending.

By Business Desk•
A wide shot of a bustling stock exchange trading floor, with traders at curved desks facing multiple computer screens.

Dhoot Transmission IPO: GMP Hits ₹255, Opens Aug 10

Dhoot Transmission IPO opens Aug 10 with ₹255 GMP, signaling a 29.28% expected return. Explore key details and dates for this ₹3066.89 Cr issue.

By Business Desk•
A woman and a man sit at a conference table with documents. A city skyline is visible through the window.

US Envoy Gor Discusses Industrial & Energy Development with L&T

US Ambassador Sergio Gor met L&T Chairman S. N. Subrahmanyan to explore industrial and energy development initiatives, strengthening US-India economic ties.

By Business Desk•
A diverse group of young Indian students in a bright classroom, discussing work and operating production equipment.

Netflix CEO Sarandos Meets PM Modi, Boosts India Storytelling

Netflix Co-CEO Ted Sarandos met PM Narendra Modi to discuss India’s media potential and launched a new storytelling initiative, marking 10 years in India.

By Business Desk•
Shree Ganesh Biotech Faces Deepening Financial Crisis in Q1 FY27

Shree Ganesh Biotech: Q1 FY27 Financial Crisis Deepens

Shree Ganesh Biotech faces a severe financial crisis in Q1 FY27 with operating losses, zero promoter holding, and a ‘Strong Sell’ rating. Explore the company’s dire financial situation.

By ThePip Desk•
Three young Indian individuals in a modern studio reviewing content on a large screen.

Netflix Boosts India Content with Storytelling Initiative

Netflix launches India Storytelling Initiative post-PM Modi meeting, focusing on nurturing creative talent and boosting global content production.

By Business Desk•
Repro India's Profit Surge Masks Deep Operational Weakness in Q1 FY27

Repro India’s Q1 Profit Surge: A Closer Look at Weaknesses

Repro India’s Q1 FY27 net profit soared, but collapsing margins and operational issues raise investor concerns. Explore the underlying financial trends.

By ThePip Desk•
A newly assembled white Honda CR-V moves along an assembly line, flanked by robotic arms and human technicians.

Honda Profit Surges: Full-Year Forecast Raised After Q1 Success

Honda Motor’s Q1 profit doubles, driving a 30% increase in full-year operating profit forecast. Weak yen and cost cuts fuel auto giant’s recovery.

By Business Desk•
A woman sits at a desk, looking at a laptop screen displaying a positive financial summary.

3 Stocks Go Ex-Date March 9: Dividends, Bonus, Splits

Axtel Industries, Cupid Ltd, and Tanfac Industries went ex-date on March 9. Discover who qualified for dividends, bonus shares, and stock splits.

By ThePip Desk•
HDFC Bank Chairman Affirms Robust Controls Amidst Governance Scrutiny

HDFC Bank Chairman: Robust Controls, No Systemic Governance Issues

HDFC Bank Chairman Rajiv Kumar assures robust internal controls and no systemic governance concerns, addressing recent scrutiny and leadership transitions.

By ThePip Desk•
A wide shot of a logistics warehouse with tall stacks of blue and grey industrial containers and a forklift in the background.

LEAP India IPO: Aug 7 Launch, ₹2,480 Cr Target

LEAP India’s IPO opens Aug 7, aiming to raise ₹2,480 Cr with shares priced ₹151-₹159. Discover issue details, dates, and investor allocation.

By IPO Desk•
A group of Indian financial professionals and individual investors stand in a modern office, looking at a large screen.

LIC Stake Sale: 2.27x Subscription Amidst Mixed Investor Response

India’s $3.3B LIC stake sale closes at 2.27x subscription, driven by institutional demand, while retail investors show lukewarm response despite discounts.

By Business Desk•
A cynomolgus monkey sits behind a clear barrier in a sterile, modern research facility.

China’s Lab Monkey Price Surge: Biotech Ambitions Drive Costs

China’s novel drug development boom fuels a dramatic surge in lab monkey prices, impacting global biotech timelines and investment. Explore the market dynamics.

By Business Desk•
Vodafone Idea's Future Hinges on Tariff Hikes, Birla States

Vodafone Idea: Tariff Hikes Crucial for Rs 45,000 Cr Investment

Vodafone Idea Chairman K.M. Birla emphasizes tariff hikes are essential for funding the company’s Rs 45,000 crore capital plan and network investments amid low Indian ARPU.

By Business Desk•
A stock chart for Globaltech shows a 35.27% drop on a monitor, with a pensive trader in the background.

Alphabet Stock Drops 5% as Chief Scientist Jeff Dean Departs

Alphabet shares fell over 5% on August 5, 2026, following the departure of Google’s chief scientist, Jeff Dean, after 27 years. Dean plans to launch a new AI-focused public benefit corporation.

By ThePip Desk•
Arami Elevates Bolivian Cuisine in La Paz with Biodiversity Focus

Arami: Bolivia’s Biodiversity on a Plate in La Paz

Discover Arami, La Paz’s new fine-dining gem, celebrating Bolivia’s rich biodiversity and culinary heritage with Chef Marsia Taha Mohamed.

By Business Desk•
A scientist in a lab coat and safety glasses works with equipment in a blurred background, while a diagnostic device with an illuminated abstract pattern on its screen is in focus in the foreground.

Molbio Diagnostics IPO: Price Band Set at Rs 768-807

Molbio Diagnostics sets its IPO price band at Rs 768-807 per share, aiming to raise Rs 904-940 crore. Funds to be used for infrastructure and equipment.

By ThePip Desk•
An aerial view of a large nuclear power plant with two prominent containment domes and various industrial buildings.

Westinghouse Plans 91 AP1000 Reactors, Files for IPO, Partners Amentum

Westinghouse unveils ambitious global reactor vision with 91 AP1000 units, files for IPO, and partners Amentum for SMR development.

By Business Desk•
Dhoot Transmission IPO Targets ₹3,066.89 Crores, Opens August 10

Dhoot Transmission IPO: ₹3,067 Cr Issue Opens Aug 10

Dhoot Transmission’s ₹3,067 Cr mainboard IPO opens Aug 10-12, 2026. Price band ₹829-₹871. Minimum investment ₹14,807.

By IPO Desk•
Workers in safety gear oversee lead ingot production on an industrial manufacturing floor with heavy machinery and bright lighting.

Ardee Industries IPO: ₹425.87 Cr Issue Opens Aug 5

Ardee Industries’ ₹425.87 Cr mainboard IPO opens Aug 5-7, 2026, with shares priced ₹50-₹53. Grey Market Premium (GMP) at ₹13 suggests a 24.53% return.

By ThePip Desk•
Singapore Government Divests IndiGrid Stake as DIIs Step In

Singapore Govt Sells IndiGrid Stake; DIIs Invest

Singapore’s government divested a 2.93% stake in IndiGrid for ₹486.14 crore. Domestic institutions, including NPS Trust, acquired significant units.

By Business Desk•
A man sits on a grey sofa, holding a tablet displaying a home styling app, surrounded by Indian-inspired decor.

Vaaree Raises ₹65 Cr Series A Funding for Expansion

Bengaluru’s home decor marketplace Vaaree secures ₹65 crore in Series A funding led by Hero Enterprise and Cap Alpha Ventures to boost network and AI capabilities.

By Business Desk•
Two men in business suits sit at a conference table with documents, facing each other in an office.

Persistent Systems Reaffirms Q1 FY27 Outlook to Mutual Funds

Persistent Systems held a non-deal roadshow on Aug 5, 2026, reiterating its Q1 FY27 financials and strategy to six key mutual funds, ensuring regulatory compliance.

By ThePip Desk•
A Zoox robotaxi drives on a Las Vegas street with palm trees and buildings in the background.

Zoox Launches Paid Robotaxi Service in Las Vegas

Amazon’s Zoox begins paid robotaxi rides in Las Vegas, intensifying autonomous vehicle competition after NHTSA approval. Fares to match comfort ride-hailing tiers.

By Business Desk•
Two men in suits shake hands across a conference table, with "India-Israel Business Hub" banners and a trade chart behind them.

India-Israel Business Hub Launched to Boost Bilateral Trade

India launches India-Israel Business Hub to enhance bilateral trade, investments, and collaborations, leveraging key strengths for economic synergy.

By Business Desk•
A large, modern glass and steel office building dominates the frame under a clear sky, with cars and people below.

Edelweiss Alternatives Buys Pune Office Park, Expands Portfolio

Edelweiss Alternatives’ Rental Yield Plus fund acquires a 1M sq ft Grade A office park in Pune, boosting its portfolio to 5.2M sq ft. Learn more about this strategic real estate expansion.

By Business Desk•
Navin Fluorine Q1 Profit Doubles to Rs 243 Crore, Margin Expands

Navin Fluorine Q1 Profit Doubles to ₹243 Cr, Revenue Surges 44%

Navin Fluorine International Ltd. reports a stellar Q1 with net profit doubling to ₹243 Cr and revenue up 44% to ₹1,045 Cr, driven by strong margin expansion.

By ThePip Desk•
An Optimist air conditioner unit is seen in a modern Indian living room with a bright, hot exterior visible through a large window.

Optimist Eyes $10M Funding from TDK Ventures for AC Tech

Indian startup Optimist is in talks with TDK Ventures for a $10 million funding round to develop advanced AC technology for the challenging Indian climate.

By Business Desk•
Close-up of hands reviewing documents on a wooden desk, with a "SHARE BUYBACK" folder and a computer screen in the background.

Tips Music Announces INR 44.50 Cr Share Buyback at ₹750

Tips Music greenlights a ₹44.50 crore share buyback at ₹750 per share. Board approved on August 5, 2026, for 593,333 shares via tender offer.

By ThePip Desk•
Wide shot of an industrial recycling facility, with workers, machinery, and piles of scrap metal and electronics.

Ardee Industries IPO Oversubscribed 3.08x on Day 1

Ardee Industries’ IPO saw strong demand, subscribed 3.08x on day 1. Non-institutional investors led bids at 5.32x, with retail investors at 3.22x.

By IPO Desk•