Business
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Augmont Enterprises IPO Opens: Rs 825 Cr Target, GMP Hints 38% Gain
Augmont Enterprises IPO launches today, August 21, aiming for Rs 825 Cr. With a strong GMP indicating a potential 38.07% listing gain, anchor investors show significant interest.
Indian Stocks Rebound: Sensex Surges 628 Points, Ending Losing Streak
Indian benchmarks, led by realty, private banks, and IT, rebound with Sensex gaining 628 points. Analysts caution on rising market valuations despite positive momentum.
Manipal Health Q1 Profit Jumps 31% to ₹3.32 Billion
Manipal Health Enterprises reports a 31% surge in adjusted Q1 profit to ₹3.32 billion, driven by strong demand for complex care and increased occupancy.
ED Raids Tashee Group: ₹386 Cr Homebuyer Fraud Probe in Delhi-NCR
ED searches Delhi-NCR properties in a ₹386 crore money-laundering probe against Tashee Group for alleged homebuyer fraud in Gurugram projects.
Ex-Google Engineer’s AI Theft Conviction Partially Overturned
A San Francisco judge overturned seven economic espionage counts against ex-Google engineer Linwei Ding in an AI trade secret theft case, citing insufficient evidence of intent to benefit China.
Family Life Insurance: Single Policy vs. Split Cover Explained
Discover how to optimize your family’s life insurance. Learn whether a single policy or split coverage best protects your loved ones’ financial future.
Brazil Invests 2.3B Reais in AI for Tech Independence
Brazil commits 2.3 billion reais to boost its AI ecosystem, partnering with US & Chinese firms like Huawei to achieve technological independence and drive innovation.
Shankesh Jewellers IPO Oversubscribed 2.80x: Allotment & Listing Details
Shankesh Jewellers IPO saw 2.80x oversubscription. Allotment on Aug 21, 2026. Check status on NSE, BSE, KFintech. Listing on Aug 25, 2026.
HDFC Securities NAV Glitch: Investors Face Up to 70% Loss Display
HDFC Securities’ InvestRight platform showed a major NAV glitch on Aug 20, displaying up to 70% losses for mutual fund investors. Issue resolved.
Tata Sons AGM Adjourned: Chairman Succession Talks Intensify
Tata Sons’ AGM adjourned due to lack of quorum, amid crucial discussions for chairman N Chandrasekaran’s successor. Leadership transition underway.
MoPNG Launches MC+ Ignite Accelerator for 30 Energy Startups
MoPNG launches MC+ Ignite, an accelerator at IIT Madras, to fund 30 deep-tech energy startups, fostering innovation for a ‘Viksit Bharat’.
Avenue Supermarts Invests ₹500 Cr in DMart Ready Amid Losses
Avenue Supermarts commits ₹500 crore to DMart Ready, focusing on 11 core cities to achieve profitability amidst rising losses and a competitive online grocery market.
SBI Chief: Sustained Consumption, Bank Funding Shift Ahead
SBI Chairman C.S. Setty predicts strong consumption demand, driven by GST rationalization, and a major 5-10 year shift in bank funding strategies with robust credit growth.
PharmaTech Expo 2026: Gandhinagar Hosts 450+ Exhibitors
Discover innovation at PharmaTech Expo 2026 in Gandhinagar! Over 450 exhibitors showcase 10,000+ products, driving India’s pharma and lab sectors forward.
India Core Sector Growth Slows to 5.4% in July
India’s core sector growth decelerated to 5.4% in July, down from 6.0% in June, impacted by declines in iron ore, steel, and electricity output.
India Real Estate Sees Major Drop in Global Investor Interest
Foreign investment in Indian real estate plummets to one-third of FY20-21 peak due to global economic shifts, higher interest rates, and geopolitical risks.
Crocs Echo II India Launch: Siddhant Chaturvedi Stars in ‘Let Them Talk’
Crocs India launches the new Echo II footwear, featuring brand ambassador Siddhant Chaturvedi and artists in the ‘Let Them Talk’ campaign, celebrating individuality and bold style.
India’s Economic Growth: Statistical Models Under Scrutiny
SPJIMR professor Vidhu Shekhar critiques statistical models, exposing flaws in assessments of India’s economic growth under PM Modi. Learn why claims of overstated growth may be unreliable.
NTA Defends Rs 200 Answer Key Challenge Fee
The National Testing Agency (NTA) explains its Rs 200 answer key challenge fee deters frivolous claims and ensures fairness for exam candidates. Fee refunded if challenge is successful.
Augmont IPO: ₹246.3 Cr Anchor Funding Ahead of Aug 21 Launch
Augmont Enterprises raises ₹246.3 Cr from anchor investors for its ₹826 Cr IPO launching August 21, 2026. Share price set between ₹750-₹788.
UPI Introduces 0.3% Merchant Fee on Transactions Over ₹2,000
UPI to implement a 0.3% merchant discount rate on transactions above ₹2,000. Learn about the impact on businesses and consumers.
Supreme Court Clarifies ‘Industry’ Definition Under Indian Law
India’s Supreme Court prospectively refines the 1978 ‘triple test’ for defining ‘industry’ under the Industrial Disputes Act, 1947, impacting future labor law cases.
India’s Weight-Loss Drug Boom Fuels Beauty & Nutrition Market
As GLP-1 drugs like Ozempic gain traction in India, a new market for beauty and nutrition products emerges to combat side effects like facial volume loss and hair thinning.
Moldova: Affordable EU Education for Indian Students
Discover why Moldova is becoming a top choice for Indian students seeking affordable European higher education, with English-taught programs and EU alignment.
NCLT Admits Insolvency Plea Against Reliance Entertainment
Mumbai NCLT initiates insolvency proceedings against Reliance Entertainment Studios for a ₹11.94 crore default owed to Pen India. Learn more.
Bain Capital to Invest ₹2,850 Cr in JBM Auto’s EV Business
Bain Capital in advanced talks to invest up to ₹2,850 crore in JBM Auto’s electric vehicle division, targeting a significant minority stake to fuel expansion in e-buses and battery tech.
Finance Firm Director, 3 Others Booked for Rs 3.5 Crore Fraud
Pimpri Chinchwad police booked a finance firm director and three office-bearers for allegedly defrauding 53 investors of Rs 3.5 crore by promising high monthly returns.
India’s Housing Boom: Young Professionals Lead Homebuying
Young professionals in India are driving a housing boom, fueled by rising incomes, savings, and high rents. Discover why first-time buyers are shifting to homeownership.
Jharkhand High Court Halts JPSC Exam Appointment Cancellations
Jharkhand High Court grants interim relief, staying cancellations of appointments for 11th & 13th JPSC exam selections, including Food Safety Officers.
Shriram Finance Slashes Loan Costs After Credit Upgrade
Shriram Finance, a leading Indian non-bank lender, reduced borrowing costs on its $1.3B syndicated loan by 60-80 basis points following a credit rating upgrade.