Business
Stay updated with the latest business news, analysis, and trends

Kernex Microsystems Wins Rs 31.87 Cr KAVACH Upgrade Order
Kernex Microsystems India secures a Rs 31.87 crore order from Integral Coach Factory, Chennai, for KAVACH system upgrades from v3.2 to v4.0.

CG Power’s Axiro Acquires 100% Stake in Tosil Systems
CG Power’s subsidiary Axiro Semiconductor completes 100% stake acquisition in Tosil Systems for Rs 16.44 crore, making it a wholly owned subsidiary.

Dev IT Secures Rs 5.15 Cr Rajasthan Govt IFMS 3.0 Project
Dev Information Technology wins Rs 5.15 crore order from NICSI to develop IFMS 3.0 Web & Mobile Apps for Rajasthan Govt. Project to be completed in 6 months.

L&T Wins Major Dubai Airport Automated People Mover Contract
Larsen & Toubro secures a ‘Large’ order for Dubai’s Al Maktoum Airport Automated People Mover System, boosting its global infrastructure presence. Unicommerce Esolutions also released news.

Indian Family Offices: Evolving into Strategic Private Capital Investors
Discover how Indian family offices are transforming from wealth custodians to strategic private capital investors, shaping the financial landscape.

SEMICON India 2026: India’s Semiconductor Growth Takes Center Stage
SEMICON India 2026 in New Delhi highlights India’s booming semiconductor industry, showcasing operational plants and ambitious future growth plans under the India Semiconductor Mission.

Tempsens IPO Fully Subscribed: 77% GMP Signals Strong Listing
Tempsens Instruments’ ₹650 Cr IPO fully subscribed within an hour. Strong demand, especially from NIIs and retail investors, pushes GMP to 77%, indicating a potential significant listing gain.

NMAT 2026 Registration Open: Apply for MBA Entrance Exam
NMAT 2026 registration is now open! Apply for the MBA entrance exam by October 10. Learn key dates, fees, and the application process for top business schools.

Aditya Birla Capital Stock Surges on Gold Loan Business Entry
Aditya Birla Capital shares jumped 2.65% after announcing its strategic entry into the Gold Loan business, slated for launch by March 2027. Market shows positive response.

Top 3 PSU Stocks for August 2026: BEL, BHEL, Coal India
Discover 3 fundamentally strong PSU stocks for August 2026: Bharat Electronics, BHEL, and Coal India. Driven by financials & govt initiatives.

Rs 3 Crore Retirement: Is It Enough? The Inflation Truth
Can Rs 3 crore truly fund your retirement? Explore the impact of inflation on purchasing power and long-term financial planning.

Income Tax Dept Cracks Down on Overseas Remittances
India’s Income Tax Dept is intensifying scrutiny on overseas remittances, verifying entities and professionals issuing remittance certificates due to fraudulent donation schemes.

Aditya Birla Capital Shares Rise on Gold Loan Venture Launch
Aditya Birla Capital’s stock surges 2.72% as its NBFC arm launches a new Gold Loan offering, planning 200-300 branches by March 2027 to expand its secured lending portfolio.

India’s Gems & Jewellery Exports to Hit $100 Billion by 2040
India aims for $100 billion in gems and jewellery exports by 2040, focusing on design innovation and skilled craftsmanship to drive global leadership.

HDFC Mid Cap Fund: Stellar 20% 5-Year Return & Outperformance
HDFC Mid Cap Fund shines with a 20% five-year return, outpacing benchmarks. Discover its strategy for consistent growth and high ratings.

Sunshine Pictures IPO: 21.39% Listing Premium Expected
Sunshine Pictures IPO closes with strong subscription. Grey Market Premium (GMP) indicates a potential 21.39% listing gain, suggesting an estimated listing price of Rs 437.

KFin Tech Shares Surge on General Atlantic’s Rs 1400 Cr Block Deal
General Atlantic offloads 8% stake in KFin Technologies for Rs 1400 Cr via block deal. Share prices rise amid strong institutional investor interest.

Zerodha Kite App: Unified Investing for Stocks & Mutual Funds
Zerodha integrates mutual funds into Kite app, enabling 3M+ investors to manage stocks & mutual funds on one platform. Streamlining user experience for unified investing.

HDFC Bank Shares Rise on RBI Nod for LIC Stake Increase
HDFC Bank shares surged after RBI approved LIC’s stake increase to 9.99%. Q1 FY27 net profit rose 5% to Rs 19,059 crore. Market sentiment positive.

MCX Shares Surge 3% on SEBI Reforms; HDFC Sets ₹3,600 Target
MCX stock jumps over 3% to ₹3,028 following SEBI’s proposed commodity market reforms. HDFC Securities initiates with a ‘Buy’ rating and a ₹3,600 price target.

Tempsens Instruments IPO: Subscribe with 73% GMP
Tempsens Instruments IPO opens strong with a 73% grey market premium (GMP). Analysts recommend ‘subscribe’ citing market leadership and robust financials.

Jefferies Rates Bajaj Housing Finance ‘Hold’ Amid Premium Valuations
Jefferies initiates coverage on Bajaj Housing Finance with a ‘Hold’ rating and Rs 92 price target, citing premium valuations that may limit future upside.

LIC gets RBI nod to increase HDFC Bank stake to 9.99%
Life Insurance Corporation of India (LIC) receives RBI approval to raise its stake in HDFC Bank to 9.99%, a significant increase from its current 4.11% holding.

Sebi Reforms Trading Rules to Attract Foreign Investment
Sebi overhauls trading rules to counter foreign capital outflows and boost India’s global index weighting, aiming to attract international investors.

Focused Funds: Only 4 Beat 15% SIP Returns in 5 Years
Discover the top 4 focused mutual funds in India that surpassed 15% SIP returns over five years. Invesco India leads with 18.33%. Learn more!

India Vehicle Loans: High Debt & Used Car Boom
Nearly half of Indian vehicle loan borrowers have significant debt exceeding ₹60 lakh. Explore the rising used car finance trend and its impact.

Torrent Power Expands Green Energy with New Hydrogen Subsidiaries
Torrent Power’s subsidiary, Torrent Green Energy, incorporates Torrent Urja 50 & 51, focusing on hydrogen production, renewable energy, and related green technologies.

Glenmark Pharma Gets USFDA Nod for Fluticasone Nasal Spray
Glenmark Pharmaceuticals receives USFDA approval for Fluticasone Propionate Nasal Spray USP, 0.05 mg/spray, offering a generic alternative to Flonase in the US market.

India & Singapore Deepen Economic Ties: High-Level Talks
India’s Finance & Commerce Ministers meet Singapore leaders to boost investment, trade, and tech partnerships. Key discussions on economic cooperation.

Brigade Enterprises Acquires Celebrations, Stock Rises
Brigade Enterprises’ shares climbed 0.99% after acquiring a 100% stake in Celebrations for Rs 30 lakh, strengthening its real estate development portfolio.