Business
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Foreign Remittances: Tax Scrutiny Alert for Indian Businesses
Indian Income Tax Department scrutinizes large foreign remittances that don’t align with business profiles. Learn about red flags and potential tax implications.
Delhi’s 61KM Elevated Corridor to Ease Traffic Congestion
Delhi government plans a 61km elevated corridor along Najafgarh drain to cut traffic congestion, reduce travel time, and lower emissions. A major infrastructure boost.
Marvell Stock Dives 8% on Disappointing Fiscal 2028 AI Outlook
Marvell Technology shares tumbled nearly 8% despite a Q2 beat, as its fiscal 2028 revenue forecast, though upgraded, missed high investor expectations for AI chip growth.
India’s Industrial Production Slows to 6.7% in July
India’s Index of Industrial Production grew 6.7% in July 2026, a slowdown from June. Manufacturing surged, but mining contracted, indicating a mixed economic performance.
Jio Platforms IPO: SEBI Approves $4 Billion Offering, India’s Largest
Jio Platforms receives SEBI approval for its $4 billion IPO, potentially India’s largest public issue. Details on shares and fundraise.
Kataria Jewellers IPO: Expansion & Debt Repayment Plans
Kataria Jewellers files draft IPO papers to raise funds for two new stores in Kota and Ujjain, and to repay existing borrowings.
TIAA Global Capabilities Leases 255K Sq Ft Office in Pune
TIAA Global Capabilities secures a massive 255,713 sq ft office lease in Pune for ₹320 crore over 10 years, marking significant expansion in India’s booming real estate market.
India’s Forex Reserves Hit Record $729 Billion
India’s foreign exchange reserves surged to a new record of $729.328 billion by August 21, 2026, driven by a significant increase in foreign currency assets.
Mahindra BaaS Now Covers All Electric Origin SUVs
Mahindra expands its Battery-as-a-Service (BaaS) to its entire Electric Origin SUV range, lowering EV costs with dual financing for BE 6 SPORTEQ, XEV 9S, and XEV 9e.
Purple Style Labs Raises ₹306 Cr Ahead of ₹680 Cr IPO
Purple Style Labs, parent of Pernia’s Pop-Up Shop, secures ₹306 Cr from anchor investors for its ₹680 Cr IPO. Details on IPO dates, price band, and investors.
Wall Street Futures Mixed Ahead of Fed’s Jackson Hole Speech
Wall Street futures are mixed as investors await Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for insights on economic outlook and interest rates.
US Treasury Yields Hit 5.24%, Impacting India’s Bond Market
US Treasury yields surge to 5.24%, a global benchmark. Discover the impact on India’s bond market, foreign investments, and borrowing costs.
IndiGo Ventures Invests in Sarvam for Aviation AI in India
IndiGo Ventures invests in Indian firm Sarvam to advance AI applications in the aviation sector, driving technological modernization in air travel.
Silver to Outshine Gold by Late 2026: Supply Deficit Forecast
Monarch PMS forecasts silver outperforming gold by late 2026, driven by a persistent supply deficit and tight physical markets. Price projections and market dynamics analyzed.
FAST-DS Scheme: Declare Foreign Assets by Dec 31, 2026
India’s Income Tax Dept launches FAST-DS scheme. Declare undisclosed foreign assets by Dec 31, 2026. Understand tax implications & penalties.
Indian Bank Deposits Shrink as Lenders Cut High-Cost Funds
RBI data reveals Indian bank deposits and credit contracted in mid-August as lenders reduced high-cost bulk funds amid strong FCNR inflows.
Sensex, Nifty Rebound: IT Stocks Drive Gains Amidst Positive Global Cues
Indian markets Sensex and Nifty rebound Friday, fueled by strong IT sector performance and positive global sentiment, breaking a two-day losing streak.
Mumbai Milk Prices to Rise Rs 9/L From Sept 1, 2026
Mumbai milk prices will increase by Rs 9 per liter from September 1, 2026, reaching Rs 102/liter wholesale due to rising feed costs.
India’s LPG Import Bill Jumps 29% Post-Iran Strikes
India’s LPG import costs soared 29%, adding $1.1 billion to its bill following US-Israel strikes on Iran, impacting global energy markets.
Wealth Company Fund Uses Dahi Handi for Multi Cap Investing
The Wealth Company Mutual Fund’s new film uses the Dahi Handi festival to explain multi cap investing, highlighting diverse market opportunities for every company size.
India & Vietnam: Mobile Manufacturing’s New Frontiers
India and Vietnam are diversifying global mobile manufacturing beyond China with unique strategies, focusing on domestic supply chains and R&D.
India’s New Closing Auction: Trader Distress & SEBI Probe
India’s new August 3rd closing auction system for stock prices sparks trader distress, volatility, and SEBI probe into alleged manipulative practices, including JPMorgan.
NBCC to Manage NHPC Infrastructure Projects Nationwide
NBCC (India) Limited partners with NHPC Limited to provide comprehensive Project Management Consultancy for infrastructure projects across India.
ESDS IPO Faces Revenue Hit from Gazprombank Sanctions
ESDS’ ₹720 Cr IPO faces headwinds as its largest client, Gazprombank, sees revenue contribution plummet due to international sanctions.
H.S.INDIA LTD. (HOTLSILV) Hits High Amid Valuation Concerns
H.S.INDIA LTD. (HOTLSILV) closed at ₹11.20, its daily high, on Aug 28, 2026. Analysis suggests the hospitality stock may be overvalued compared to peers.
HDFC Mutual Fund Ups Hexaware Stake to 5.21%
HDFC Mutual Fund raises Hexaware Technologies stake to 5.21% through open market purchases, acquiring over 1.4 million shares. Learn more about this significant investment.
India Industrial Production Growth Slows to 6.7% in July
India’s industrial production grew 6.7% in July, slowing from June’s 8.8% but beating forecasts. Manufacturing remains the primary driver of economic expansion.
Aurobindo Pharma Subsidiary Faces USFDA Procedural Observations
USFDA inspection at Aurobindo Pharma’s Apitoria Pharma subsidiary in Andhra Pradesh concludes with 3 procedural observations, indicating adherence to protocols.
India’s Forex Reserves Hit Record $729 Billion
India’s foreign exchange reserves reach an all-time high of $729.3 billion by August 21, driven by strong gains in foreign currency assets and gold.
Toxic Box Office: Yash Film Sees Day 3 Dip After Strong Start
Yash’s ‘Toxic: A Fairy Tale for Grown-Ups’ experienced a box office slowdown on Day 3, collecting Rs 4.92 crore. Explore the numbers and its impact.