Business
Stay updated with the latest business news, analysis, and trends
Supreme Court Sends RCom Bank Guarantee Case to High Court
The Supreme Court has directed Reliance Communications (RCom) to approach the High Court regarding the DoT’s ₹801.91 crore bank guarantee invocation for deferred spectrum dues.
Cashfree Payments FY26: Loss Narrows, Revenue Soars 51%
Fintech leader Cashfree Payments dramatically cuts FY26 net loss to ₹118.5 Cr, while revenue from operations skyrockets by 51% to ₹967.4 Cr. Discover their financial leap.
Nifty Ends Losing Streak, Reclaims Key DEMA Levels
India’s Nifty index breaks a seven-session losing streak, closing up 0.64% at 24,231. Analysts watch for sustained recovery above key DEMA levels.
Influencers’ AI Dilemma: Backlash vs. Lucrative Deals
Content creators face a tough choice: lucrative AI partnerships or audience backlash. Explore the risks and rewards in this evolving landscape.
CBDT FAST-DS: Black Money Act Immunity, Not FEMA Protection
India’s CBDT FAST-DS offers immunity under the Black Money Act for unreported foreign assets but lacks protection under FEMA, posing potential risks.
Jeff Wang Launches Augnition Global Investors with $2B+ AUM
Former Sequoia investor Jeff Wang launches Augnition Global Investors, a new hedge fund targeting public and private companies with over $2 billion in assets.
Bangladesh Mutual Funds Skip Dividends Amidst DSE Surge
Eight closed-end mutual funds in Bangladesh declared no dividends for FY2026, despite an 18% DSE index rise, citing past losses and provisioning.
Augmont Enterprises IPO: ₹246 Cr Anchor Funding Secured
Augmont Enterprises raises ₹246.29 Cr from 14 anchor investors at ₹788/share ahead of its ₹825 Cr IPO launch this Friday. Details inside.
India-Singapore Strengthen Ties with New Pacts
India and Singapore bolster bilateral ties with new pacts in telecommunications, maritime heritage, and food safety signed at the 4th Ministerial Roundtable.
Genesis GV90 Electric SUV: Luxury, Range, and Tech Revealed
Genesis unveils the flagship GV90 electric SUV with a 123.5 kWh battery, 500 km range, 544 hp, and advanced luxury features, targeting the premium segment.
China Boosts Yttrium Oxide Exports to US Jet Engine Makers
China’s July yttrium oxide exports to the US surged to 29 tonnes, easing supply concerns for American aerospace firms amidst complex rare earth trade dynamics.
Sebi Eases FPI Onboarding with Digital Signatures
Sebi now allows digitally signed powers of attorney for FPIs, streamlining registration and enhancing ease of doing business in India.
Sangam India Stock Downgraded to ‘Hold’: What Investors Need to Know
Sangam India Ltd. shifts to a ‘Hold’ rating on Aug 19, 2026. Analyze mixed financials, debt concerns, and moderating technicals for informed investment decisions.
Unitree CEO: Humanoid Robots Approaching ‘ChatGPT Moment’
Unitree CEO predicts humanoid robots are nearing a ‘ChatGPT moment’ for intelligence, despite an 11% stock drop post-IPO. Software breakthroughs expected within 5-10 years.
Consumption Funds: Only 2 Beat 10% SIP Returns in 3 Years
Discover why only two out of 37 Indian consumption funds surpassed 10% SIP returns in three years. Explore fund performance and stock selection impact.
Augmont IPO: Rs 246.3 Cr Raised from Anchor Investors
Augmont Enterprises secures Rs 246.3 crore from 14 anchor investors at Rs 788 per share ahead of its Rs 825 crore IPO. Nomura India leads investment.
RBI Board: Anand Mahindra Reappointed, Somanath Panicker Appointed
Anand Mahindra reappointed, Somanath Panicker joins RBI Central Board as part-time directors. Key appointments for India’s central banking oversight.
Singapore Boosts Fund Sector: Tax Exemptions & Easier Visas
Singapore introduces new tax exemptions and visa easing for fund managers to strengthen its asset management industry and compete globally.
Laxmi India Finance to Raise ₹100 Cr via NCDs
Laxmi India Finance plans to raise ₹100 crore through private placement of NCDs. Board meeting on August 25, 2026, to approve the fundraising.
India’s Private Credit Market Dominated by Domestic Funds
Domestic funds captured 74% of India’s private credit deal value in H1 2026, signaling a significant shift in local capital’s role, driven by corporate financing needs.
RBI Advances FCNR(B) Deposit Deadline to Aug 31
RBI moves FCNR(B) deposit swap facility deadline to August 31, 2026. NRIs & OCIs, act fast to benefit from higher interest rates without INR risk.
Irumudi Advance Bookings Explode: Ravi Teja Film Hits Rs 5.46 Cr
Ravi Teja’s ‘Irumudi’ is a box office sensation! Advance bookings surge, grossing Rs 5.46 crore and selling over 3.47 lakh tickets ahead of its August 21 release.
India’s Services Exports Dip: AI’s Impact on $16.95B Decline
India’s net services exports fell to $16.95B in July 2026, impacted by AI’s disruption of outsourcing, widening current account deficit concerns.
Coforge, Vedanta, Sugar Stocks: Expert Strategies & Targets
Market experts reveal strategic recommendations for Coforge, Vedanta, and sugar stocks like Balrampur Chini, including price targets and support levels.
DPIIT, PhonePe, Shell India Partner to Boost Startups
DPIIT partners with PhonePe and Shell India to offer startups access to tech, expertise, and market opportunities, focusing on fintech and climate-tech.
Tempsens Instruments IPO Oversubscribed 5.95x on Day 1
Tempsens Instruments IPO saw strong investor demand, achieving a 5.95x subscription on its opening day. NIIs and RIIs led the charge.
India-EU Trade Deal: Legal Scrubbing Done, Signing Expected 2024
India and the EU finalize legal scrubbing of their free trade agreement. Signing anticipated this year, promising major economic shifts and duty-free access for 93% of Indian goods to the EU.
PSBs’ Low Forex Derivative Use Hurts MSMEs: RBI DG Jain
RBI Deputy Governor Rohit Jain points out public sector banks’ low forex derivative market participation, limiting MSMEs’ currency risk hedging options. Learn more.
South Indian Bank Approves Dividend & New MD/CEO
South Indian Bank shareholders greenlit a ₹0.45 dividend for FY26 and appointed Mahesh Muralidhar Pai as MD & CEO at the AGM, alongside a ₹1,000 crore fundraising approval.
RBI Deputy Governor: UCBs Face Rising Cyber Risks
RBI Deputy Governor Swaminathan J warns Urban Co-operative Banks (UCBs) about escalating cyber and operational risks due to increasing reliance on third-party technology providers.