Business
Stay updated with the latest business news, analysis, and trends
NMDC Q1 Profit Up 1.9% Amid Margin Pressure
NMDC reports a 1.9% rise in Q1 FY27 net profit to Rs 2,006 crore. Revenue flat, EBITDA margin contracts to 36.3% despite strong iron ore performance.
Vedanta Acquires Punnam Manganese Block in Andhra Pradesh
Vedanta Limited secures the Punnam manganese block in Andhra Pradesh, enhancing its mining portfolio and domestic supply chain for critical industrial metals.
India’s Progress: 25 Crore Out of Poverty, Aiming for Viksit Bharat
President Murmu announces 25 crore Indians lifted from poverty, reaffirming the nation’s commitment to achieving ‘Viksit Bharat’ status.
Maharashtra’s Ladki Bahin Yojana: ₹3000 Combined Payment Likely
Maharashtra may offer a ₹3,000 combined payment for the Mukhyamantri Majhi Ladki Bahin Yojana, merging July & August installments. Beneficiaries await official word.
Rasandik Engineering Sees 26.89% Sales Surge, Loss Narrows
Rasandik Engineering Industries India reports a significant 26.89% sales increase to Rs 17.60 crore and a reduced net loss of Rs 0.71 crore in Q1 2026.
Gillette India: Rs 60 Final Dividend Record Date Set for Aug 24
Gillette India confirms August 24 as the record date for its Rs 60 final dividend. Shareholders to receive payment by September 30, following AGM approval.
Technocraft Ventures Lists with 34% Premium on NSE & BSE
Technocraft Ventures makes a strong market debut, listing at over 34% premium on NSE and BSE, exceeding IPO expectations after raising Rs 252 crore.
Discount Brokers Revolutionize Indian Stock Investing: Low Costs, High Tech
Discover how new-age discount brokers are transforming India’s stock market with technology-driven platforms and significantly lower trading costs. Learn about key players like Pocketful and Zerodha.
Air India CEO-Designate Tewolde Gebremariam Visits India
Air India’s incoming CEO, Tewolde Gebremariam, visits Delhi and Mumbai for crucial meetings as he prepares to lead the airline’s expansion next month.
SEBI Overhauls Settlement Framework to Cut Litigation
SEBI proposes a major overhaul of its settlement framework, aiming to simplify calculations, reduce penalties, and streamline regulatory proceedings, potentially cutting litigation significantly.
Indian Investors Diversify: Beyond Gold & Fixed Deposits
Indian investors are diversifying beyond traditional assets like gold and fixed deposits, exploring private credit, structured debt, and cryptocurrencies for growth.
India Income Tax Deadlines: Aug-Dec 2026
Navigate India’s income tax deadlines for Aug-Dec 2026. Essential dates for ITR filing & advance tax installments for FY 2025-26.
India Govt Pay: Rs 55 to Rs 18,000 – A 70-Year Journey
Explore the dramatic rise of minimum basic pay for Indian central government employees from Rs 55 (1946) to Rs 18,000 (2016) with the new Pay Matrix. Learn about the Pay Commission journey.
Baroda BNP Paribas AMC Appoints Madhukumar Nair as New CEO
Baroda BNP Paribas Asset Management appoints Madhukumar Nair as new CEO, effective August 14, 2026. Nair brings over 28 years of industry experience.
Reddit Stock Soars 13% on S&P 500 Inclusion News
Reddit shares jump 13% pre-market as it prepares to join the S&P 500 index, replacing AvalonBay Communities Inc. effective August 18.
India’s Retail & MSME Credit Soars, Boosting Financial Access
India sees a surge in retail and MSME credit, expanding financial inclusion. Millions more borrowers now access formal credit, transforming the economic landscape.
BMW Industries Profit Soars 25.79% in June 2026 Quarter
BMW Industries reports a strong Q1 2026 with net profit up 25.79% to Rs 19.12 crore and sales rising 11.64% to Rs 166.00 crore.
SAT Approves Zee Entertainment’s ₹3,143 Cr Warrant Issue
Securities Appellate Tribunal clears Zee Entertainment’s ₹3,143 crore preferential warrant issue, providing vital fundraising relief and extending the issuance deadline.
Indian Stocks Dip 4th Day: Crude Surge, Foreign Selling Hit Markets
Indian equity markets extended losses for a fourth consecutive day on August 14, 2026, as surging crude oil prices and foreign investor selling weighed on the Nifty and Sensex.
UTI Launches New Balanced Hybrid Fund: Your Investment Guide
Explore UTI Mutual Fund’s new Balanced Hybrid Fund. Learn about NFO dates, minimum investment, fees, and how it blends equity & debt for your portfolio.
Shiprocket IPO Oversubscribed 99x, Raises Rs 727 Cr
Shiprocket’s IPO garnered massive investor interest, closing 99.38 times oversubscribed and securing Rs 727.41 crore. Funds to fuel tech expansion and debt reduction.
Zombie Stocks: Clean Up Your Demat Account Portfolio
Discover how to identify and eliminate ‘zombie stocks’—illiquid, forgotten, or delisted shares—cluttering your demat account. Expert advice from Devina Mehra.
Bank of America Invests $1.9B in Jio Credit for 49.9% Stake
Bank of America invests $1.9 billion for a 49.9% stake in Jio Credit Limited, expanding its digital financial services presence in India.
India’s Forex Reserves Hit $707B on Inflow Boost
India’s foreign exchange reserves surged by $14.136B to $707.002B by Aug 7, driven by increased foreign currency assets and gold holdings. Learn more.
Ashok Leyland Q1FY27 Profit Up Marginally to ₹615.81 Cr
Ashok Leyland reports a marginal 0.78% rise in Q1FY27 consolidated net profit to ₹615.81 crore, with total income up 12.29%. Standalone profit also sees growth.
Iran’s President Pezeshkian to Attend India’s BRICS Summit
Iranian President Masoud Pezeshkian will attend the 18th BRICS Summit in India this September, signaling deepening ties and regional shifts.
Kalpataru Projects Wins ₹3,526 Cr Orders
Kalpataru Projects International (KPIL) announces a significant boost with ₹3,526 Crores in new orders, strengthening its project pipeline and market position.
Admach Systems Lands Rs 1.59 Cr Order, Order Book Hits Rs 68.37 Cr
Admach Systems secures a Rs 1.59 crore order for a Bar Handling System, expanding its total order book to Rs 68.37 crore. Project to be completed in 7 months.
Natco Pharma Q1 Profit Dives 57% Amid Revenue Slump
Natco Pharma’s Q1 FY27 consolidated net profit plunges 57% YoY to Rs 207 crore, with revenue also dropping 44.7%. Explore the financial downturn and dividend approval.
SEBI Reviews Closing Auction System Amid Market Concerns
India’s SEBI is re-evaluating its new closing auction system following feedback from trading firms and mutual funds regarding implementation challenges and price discovery.