Business
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Symbiotec Pharmalab IPO: Rs 1,757 Cr Issue Opens Aug 24
Symbiotec Pharmalab’s Rs 1,757 crore IPO launches August 24, 2026, with a price band of Rs 938-988. Subscription closes August 27.
Sebi Rejects Adani FPI Settlement, Revives 2020 Probe
India’s Sebi rejects settlement bids from 13 Adani-linked FPIs, reviving a 2020 probe into concentrated holdings. Legal action looms.
India Boosts Green Energy Bids with Supply Profile Tweaks
India eyes battery storage and supply profile adjustments to revive 42 GW of stalled renewable energy bids, addressing curtailment and demand for consistent green power.
India Mutual Funds Boom: Retail Investors Drive Growth
India’s mutual fund sector surges with 17.1% annual growth, outpacing global averages. Retail investors and SIPs are key drivers, boosting India’s market share.
India’s Dual Economic Woes: Areca Nut Smuggling & NBFC Loan Stress
India grapples with ₹2,500 crore areca nut smuggling and rising repayment stress in the NBFC personal loan sector, impacting trade and consumer credit.
Policybazaar Stock: Buy Signal from SMC Global Securities
SMC Global Securities’ Shitij Gandhi recommends buying Policybazaar stock on dips, targeting Rs 1885 based on a bullish inverse Head & Shoulders pattern.
RBI Appoints 3 New Part-Time Directors to Central Board
India’s central government appoints three seasoned professionals, Annie George Mathew, Janmejaya Kumar Sinha, and Syed Akbaruddin, to the RBI’s central board for a four-year term.
India-Japan Trade Mission: Seeking ¥10 Trillion for High-Tech
India’s Commerce Minister leads a delegation to Japan aiming to secure ¥10 trillion in investment for semiconductors, AI, and clean energy over the next decade.
Reliance Profit Falls 22.4% in Q1 FY27; Jio IPO Planned
Reliance Industries reports a 22.4% profit drop in Q1 FY27 despite strong EBITDA growth. Jio Platforms files for IPO, signaling strategic diversification.
NSE IPO: Navigating Regulation 45(2) for Market Listing
NSE plans a two-step IPO strategy, listing on BSE first, to comply with Regulation 45(2) and enable trading on its own platform.
Carl Icahn’s Portfolio: $8.26B Concentrated in Q2 2026
Carl Icahn’s Q2 2026 portfolio, valued at $8.26 billion, shows heavy concentration, with Icahn Enterprises dominating over 53% of holdings.
Foreign Banks Lose Credit Card Market Share in India
Five major foreign banks in India witnessed a 7.1% drop in their credit card base, losing significant market share to the expanding domestic industry.
Momentum Funds: Wide Return Gap & Strategy Differences
Momentum funds show a wide return range (-2% to 24%). Active strategies averaged 9.2%, outperforming index funds at 1.8%. Discover why.
SEBI’s New Rules for Online Bond Ads: Investor Protection
SEBI proposes strict advertising rules for online bond platforms in India to protect investors from misleading promotions and FOMO tactics.
Unchecked Power Risks: Finance, Environment, Tech Dangers
Explore the significant risks of unchecked power in finance, environment, and technology, from retail investor losses to biodiversity threats and AI’s impact.
Macquarie, RPSG Group Eye Welspun New Energy Deal
Macquarie and RP Sanjiv Goenka Group are in final talks to acquire Welspun New Energy for approximately Rs 2,000 crore, signaling a major shift in India’s renewable energy sector.
IIFCL Raises $200M for Infrastructure, FY26 Profit Dips
IIFCL secures $200M via ECBs for infrastructure projects, despite reporting a 13.3% profit decline in FY26 attributed to currency fluctuations.
India Releases Buffer Onion Stocks to Curb Price Surge
India’s government to release buffer onion stocks and launch ‘Kanda Express’ to stabilize soaring retail prices, up 45% year-on-year due to reduced kharif output.
Mid-Cap Funds Lag Nifty Midcap 150 Index: Shift to Index Funds?
New report shows most active mid-cap funds struggle to beat the Nifty Midcap 150 index. Discover why investors are shifting to passive index funds.
SFBs Outperform AU Bank, Trade at Discount
Ujjivan, Equitas, and Jana SFBs show strong Q2 FY27 results, trading at a 48%-66% discount to AU Small Finance Bank despite higher NIMs.
Lalithaa Jewellery IPO Oversubscribed 17.47x, Lists Aug 24
Lalithaa Jewellery IPO oversubscribed 17.47x, set to list on BSE & NSE Aug 24, 2026. Potential listing gains up to 36.32% expected.
Skyways Air Services IPO: Bidding Open, ₹37 GMP, 27% Gain Potential
Skyways Air Services IPO opens Aug 24-26, 2026. With a ₹37 GMP and ₹583 crore size, anticipate a 27% potential listing gain. Details inside!
HSBC India Doubles Profits Amidst Currency Weakness Concerns
HSBC India reports doubled pre-tax profits, plans expansion in wealth management and digital services, but CEO warns of currency weakness impacting investments.
Small Finance Banks: Higher FD Rates, But What’s the Catch?
Explore if Small Finance Banks’ higher FD rates (up to 8.10%) are worth the risk. Understand DICGC insurance limits and tax implications before investing.
Bihar Aims for 4x Economic Growth & 10M Jobs by 2026
Bihar targets a fourfold economic surge and 10 million new jobs by 2026, focusing on industrial growth and restoring its historical prominence. Learn about the ambitious ‘Build Bihar, Believe in Bihar’ plan.
MP Attracts ₹10 Lakh Crore Investment After Policy Overhaul
Madhya Pradesh attracts over ₹10 lakh crore in investments through significant policy reforms, reduced red tape, and faster land acquisition, boosting ease of doing business.
Indian Markets Consolidate, Primary Market Booms
Indian stock markets consolidate with low volumes while the primary market thrives with IPOs and strong listings. Key indices show mixed movements.
India’s Medical Tourism Startups: Funding Gap in $22B Market
Despite India’s booming $22B medical tourism market, startups struggle for VC funding, securing only $9.28M. Explore the challenges and growth drivers.
West Bengal’s New Industrial Policy: Dual Incentives for Growth
West Bengal unveils a new industrial policy featuring a dual incentive approach, blending budgetary allocations with off-balance-sheet measures like soft loans to boost growth.
India’s Gold Monetisation Scheme: Unlock Idle Assets
India aims to revive its Gold Monetisation Scheme (GMS) to formalize household gold, reduce imports, and boost financial markets by unlocking vast private reserves.