Business
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Veranda Learning Posts Rs 29 Cr Profit in Q1 FY27
Veranda Learning Solutions achieves a Rs 29.12 crore net profit in Q1 FY27, a significant turnaround from last year’s loss, fueled by a 41.52% surge in sales to Rs 149.54 crore.
Magna Electro Castings Invests Rs 17 Cr in New Machining Division
Magna Electro Castings approves Rs 17 crore investment for its first in-house machining division in Coimbatore, aiming for fully-machined, ready-to-fit components by January 2027.
India’s Gen Z: Crypto as First Investment
India’s Gen Z embraces crypto as their primary financial market entry. 44.4% of WazirX users started here, with 72% of new investors being Gen Z.
BHEL Partners Hystar for Green Hydrogen PEM Electrolysers
BHEL collaborates with Norway’s Hystar AS to indigenize PEM electrolyser systems, boosting India’s green hydrogen manufacturing capabilities and expanding its green energy portfolio.
Indian Markets Mixed: Sensex Up, Nifty Down Amid US-Iran Tensions
Indian stock markets saw mixed trading on Aug 13, 2026. Sensex gained 114 points, Nifty 50 dipped 40 points due to US-Iran deal uncertainty and falling crude oil prices.
Air India Phuket-Delhi Incident: Govt Expedites Report
India’s government is fast-tracking the Air India Phuket-Delhi flight incident report, adhering to ICAO guidelines for swift release within days.
Tata Trusts Begins Search for New Tata Sons Chairman
Tata Trusts has officially started the search for the next Tata Sons chairman, following N Chandrasekaran’s decision not to seek reappointment beyond his current term ending in 2027.
Solar Industries Profit Soars 92.6%, Shares Hit Record High
Solar Industries Ltd. reports a remarkable 92.6% surge in Q1 FY27 net profit, driving its stock to a new all-time high. Revenue also climbs over 70%.
63 Moons Technologies Stock Plummets 6.91% on BSE ‘A’ Group
63 Moons Technologies Ltd shares dropped 6.91% to Rs 806.15 on August 13, 2026, leading BSE ‘A’ group decliners. Sky Gold & Diamonds and Thyrocare also saw significant drops.
Indian MFs Invest ₹15.9K Cr in July, FIIs Sell ₹11K Cr
Indian mutual funds injected ₹15,900 Cr in July, boosting portfolios as Foreign Institutional Investors divested ₹11,000 Cr. Discover key stock movements.
OpenAI’s Friction Email: Direct Leadership Access for Employees
OpenAI empowers employees with ‘friction@openai.com,’ a direct channel to senior leadership for rapid issue resolution and bypassing bureaucracy.
Minda Corp Q1 Profit Surges, IGL Profit Dips
Minda Corp’s Q1 profit triples on a one-time gain with 33% revenue growth. Indraprastha Gas (IGL) sees a 32.9% profit decline in Q1 FY27.
Page Industries Stock Falls 4% on Q1 Profit Dip, ₹200 Dividend
Page Industries shares dropped 4% after Q1 FY27 net profit declined to ₹193 crore despite a 7.9% revenue increase. An interim dividend of ₹200 per share was declared.
Tata Sons Faces Leadership, IPO Challenges Post-Chandrasekaran
N Chandrasekaran’s 2027 exit triggers succession, IPO, and venture investment challenges for Tata Sons. Key financial updates and Air India’s status.
LEAP India IPO Listing Aug 14: 8.5% Gain Expected
LEAP India’s IPO lists on August 14 with a potential 8.5% gain indicated by Grey Market Premium. Explore key figures and market insights.
India Jewellery Exports Rise to $9.17B Driven by Gold & Silver
India’s gem and jewellery exports hit $9.17B in early FY27, a 2.44% increase, fueled by strong demand for studded gold and silver pieces.
Baroda BNP Paribas Fund Leads Large-Cap Returns
Baroda BNP Paribas Large Cap Fund shines with a 3.6% one-month return, outpacing the Nifty 100 TRI. Discover why long-term consistency matters for investors.
SBI Raises $500M Offshore Bonds at 5.25% with Strong Demand
State Bank of India successfully raised $500 million in offshore bonds at a 5.25% coupon, attracting a $2.46 billion orderbook and tightening pricing by 32 basis points.
India’s Credit Boom: Your Financial Future
Explore India’s booming credit market, driven by digital lending, and understand its impact on your financial journey and accessibility.
Muthoot Fincorp IPO: ₹3,000 Crore Plan Filed with SEBI
Muthoot Fincorp Ltd. files Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹3,000 crore via IPO, aiming to bolster capital and fuel business expansion.
Rebalance Your Stock Portfolio: Smart Moves for Financial Health
Discover why rebalancing your stock portfolio is essential for new investors to manage risk and maintain your investment strategy. Learn smart moves for financial health.
MSCI India Index Rebalance: $1.5B Inflows Expected
MSCI India Standard Index rebalance (Sept 1, 2026) to attract over $1.5B in passive inflows for Adani Energy, Lenskart, Groww, and Laurus Labs.
Technocraft Ventures IPO: 17% GMP, Analysts Suggest Profit Booking
Technocraft Ventures IPO shows a 17% Grey Market Premium (GMP) with shares trading at ₹249. Analysts advise profit booking on listing day for short-term investors.
Indian SIFs Hit ₹23K Cr AUM Driven by Hybrid Strategies
Indian Specialised Investment Funds (SIFs) surged 30% MoM to ₹23,177 crore AUM in July 2026, with hybrid strategies driving growth. Investor base expands.
India’s Retail Inflation to Hit 5.1% in FY27: Crisil
Crisil predicts India’s retail inflation to average 5.1% in FY27, citing rising food prices, edible oil costs, and input cost pass-through.
Tata Sons Forms Committee for Next Chairman Selection
Tata Sons establishes a 5-member committee to select N Chandrasekaran’s successor as chairman, with the process expected to conclude before his retirement in February 2027.
India Auto Sales Hit Record July: PVs Up 34.3%
India’s auto industry achieved record July sales in 2026, with passenger vehicles up 34.3% and two-wheelers up 22.6%, signaling strong market momentum and consumer demand.
₹10,000 Monthly SIP: Grow to ₹36.5 Lakh in 10 Years
Discover how a ₹10,000 monthly SIP in flexi-cap funds over 10 years could have yielded ₹36.5 lakh, showcasing the power of consistent investing.
CESC Profit Up Marginally to Rs 2200M Amid Revenue Shifts
CESC reports a marginal profit increase to Rs 2200 million for Q1 2026, despite shifts in total revenue and a dip in operating profit. Explore key financials.
Nephrocare Acquires Davao Dialysis Center Assets for PHP 71.8M
Nephrocare Health Services’ Philippine subsidiary acquires assets of a Davao City dialysis center for PHP 71.8 million through an Asset Transfer Agreement.