Business
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Shankesh Jewellers IPO: ₹110.15 Cr Anchor Funding Secured
Mumbai’s Shankesh Jewellers raises ₹110.15 Cr from 12 anchor investors ahead of its IPO opening on August 18, 2026. Details on price band, GMP, and IPO subscription.
Nippon India NFO: Income Plus Arbitrage Omni FoF Details
Explore Nippon India’s Income Plus Arbitrage Omni FoF Regular Growth NFO. Invest from Aug 17-31, 2026, with ₹500 minimum. Learn key details.
India’s Financial Sector Expands: Axis Bank, YES Bank & More
Explore the rapid growth in India’s financial sector, featuring key developments from Axis Bank, Abakkus Mutual Fund, YES Bank, and J&K Bank.
Amitabh Bachchan Leases Mumbai Commercial Space
Amitabh Bachchan leases three commercial floors in Andheri West, Mumbai, to TruNativ for ₹33 lakh/month, expanding his real estate portfolio.
iPhone 15 Faulty? Haryana Advocate Gets Rs 45,500 Refund
A Haryana advocate received a Rs 45,500 refund from Apple India for a faulty iPhone 15 after persistent issues and unresolved service requests.
Micromax Arm Invests ₹1,015 Cr to Boost India’s Electronics Manufacturing
Micromax subsidiary Bhagwati Products commits ₹1,015 Cr to display manufacturing & precision moulding, boosting India’s electronics sector and creating 10,000+ jobs.
Rupee Hits 17-Day Low: RBI’s FCNR(B) Swap Closure Triggers Fall
The Indian rupee fell to a 17-day low of 95.61 against the dollar after the RBI’s early closure of its FCNR(B) swap facility and rising crude oil prices.
UPI MDR Reintroduction Looms: Public Currency Holdings Surge
Public currency holdings hit ₹41.8 lakh crore by July 31, FY27, amid potential UPI MDR charges. Explore the narrowing gap between cash and digital payments.
Bank of India NZ Launches ‘BOINZ – Freedom’ Mobile Banking App
Bank of India (New Zealand) Limited launches its new mobile banking app, “BOINZ – Freedom,” on India’s Independence Day, enhancing digital services with features like domestic and international remittances.
Sebi Warns: Avoid Risky Social Media Live Trading Strategies
Sebi cautions investors against unregistered ‘live trading strategies’ on social media, highlighting significant risks and urging vigilance.
Om Infra Wins Rs 29.01 Cr Water Project Deal in UP
Om Infra secures a Rs 29.01 crore supplementary agreement from Uttar Pradesh Jal Nigam (Rural) for ongoing drinking water projects in District Unnao.
Lalithaa Jewellery IPO: Rs 1,700 Cr Target, Day 1 Subscription
Lalithaa Jewellery Mart’s IPO launched August 17, 2026, aiming for Rs 1,700 crore. Day 1 saw 0.73x subscription, with strong employee interest.
SIP Accounts Jump 1.2M in July, Ending Six-Month Flat Spell
India’s mutual fund industry saw a 1.2 million surge in SIP accounts in July, breaking a six-month stagnation period driven by market volatility and investor behavior shifts.
CDSL IPF & Amar Chitra Katha Launch Investor Education Film
CDSL IPF partners with Amar Chitra Katha to launch ‘The Garden of Prosperity,’ a multilingual film simplifying investing with Akbar-Birbal stories.
Beijing’s AGI Bar: Free AI Tokens & Robot Bartenders
Discover Beijing’s AGI Bar, offering free DeepSeek tokens for AI developers and pioneering humanoid robot service, despite financial challenges.
Apple’s Foldable iPhone: Limited Production, High Price Tag
Apple’s first foldable iPhone, rumored for September launch alongside iPhone 18 Pro, faces production limits and a high price point, potentially delaying availability.
Excelsoft Technologies Appoints Poonacha Paruvangada as CFO for Global Growth
Excelsoft Technologies appoints Poonacha Paruvangada as CFO, leveraging his 30 years of financial expertise to drive global expansion and enhance risk management strategies.
Yes Bank Eyes Dollar Bond Sale to Test Investor Confidence
Yes Bank prepares its first dollar bond sale since 2020, aiming to gauge international investor confidence following its AT1 debt write-off and reconstruction.
India’s E10 Petrol Plea: Protecting Older Vehicles from E20
An Indian government adviser recommends reintroducing E10 petrol to protect millions of older, carburetted vehicles from potential damage caused by the E20 ethanol blend policy.
Philips India Eyes ₹1,000 Cr Revenue by FY27
Philips Personal Health India aims for over ₹1,000 crore revenue by FY27, driven by grooming and strong online sales growth, outpacing the market.
Better Home & Finance: Vishal Garg Ousted Amid Power Struggle
Vishal Garg removed as Better Home & Finance CEO after board vote. Company cites financial losses and trust breakdown in escalating power struggle.
AI Stock Bets Lead to Hedge Fund Collapse
Leopold Aschenbrenner’s Situational Awareness fund collapsed in July after leveraged AI stock investments, losing 67% of its value.
India Inc’s Strongest Quarterly Earnings in 3 Years
India Inc reports its strongest quarterly earnings in nearly three years for 1QFY27, driven by financials, metals, oil & gas, and autos, despite OMCs’ losses.
Sebi Confirms Closing Auction Session Permanent, Eyes SLBM Overhaul
Sebi confirms the closing auction session is now permanent. Chairman Tuhin Kanta Pandey prioritizes SLBM overhaul, aiming to boost FPI inflows and passive investing.
UP Targets Japanese Investment for $1 Trillion Economy Goal
Uttar Pradesh gears up for the UP-Japan Investment Meet 2026 (Aug 18-23) to attract Japanese capital in tech and manufacturing, aiming for a $1 trillion economy.
India Diversifies Agri-Food Exports to New Global Markets
India’s agri-food exports are diversifying, reaching new markets like Dubai, Maldives, and Singapore with premium products beyond traditional commodities.
India REIT Income Doubles to ₹3,136 Cr in Q1 FY27
India’s six listed REITs saw unitholder income surge to ₹3,136 crore in Q1 FY27, a 101% year-on-year increase, signaling strong growth in the real estate investment sector.
India’s August Soyoil Imports Hit Record 620K Tons
India’s soyoil imports expected to reach a record 620,000 tons in August, up 46%, due to Black Sea sunflower oil disruptions and competitive pricing.
Prajakta Mali Buys ₹6.42 Cr Goregaon Flat with ₹5.78 Cr Loan
Marathi actor Prajakta Mali invests ₹6.42 crore in a Goregaon East apartment, securing a ₹5.78 crore housing loan from Indian Bank.
PPFAS Flexi Cap Fund Underperformance: CIO Rajeev Thakkar Responds
PPFAS CIO Rajeev Thakkar addresses investor concerns over Parag Parikh Flexi Cap Fund’s underperformance, citing market cycles and an improving outlook. Learn more.