Business
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Thyrocare Block Deal: ₹1,000 Crore Transaction Planned
Thyrocare Technologies plans a ₹1,000 crore block deal for 1.5 crore shares, with a floor price of ₹630-631, reflecting a discount from its closing price.
Jeff Dean Leaves Google to Launch AI Startup Discovery Loop
Google’s 30th employee and chief scientist, Jeff Dean, has departed to co-found Discovery Loop, a new AI venture, after an emotional farewell from the tech giant.
Landmark Cars Q1 Profit Soars 97.5% on Strong Revenue
Landmark Cars reports a 97.5% surge in Q1 net profit to ₹14.5 crore, fueled by a 22.47% revenue increase to ₹1,733 crore, driven by Mercedes-Benz sales and after-sales services.
Technocraft Ventures IPO Oversubscribed 38.69x; Allotment Soon
Technocraft Ventures’ ₹251.88 crore IPO saw massive demand, oversubscribed 38.69 times. Allotment status expected August 12. Details inside.
Adani’s ₹1 Trillion AI Data Centre: Odisha’s Tech Leap
Adani Group proposes a monumental ₹1 trillion AI data centre in Odisha, aiming for 250 acres to build a key Indian AI infrastructure hub. Discover the impact.
RBI Holds Repo Rate: 5 Banks Hike FD Rates
Despite the RBI keeping the repo rate steady at 5.25%, five major banks have independently revised their Fixed Deposit interest rates. Discover the changes.
Sunny Deol’s ‘Batwara 1947’ Box Office: Strong Advance Bookings
Sunny Deol’s ‘Batwara 1947’ is off to a strong start with over 7,000 tickets sold in advance bookings, generating significant buzz and revenue.
French Media Urge Antitrust Action Against Google AI Overviews
French press alliance demands antitrust action against Google’s AI Overviews, citing uncompensated content use and a 33-38% traffic drop.
India’s FCRA Amendment Bill 2026: Joint Committee Review Considered
The Indian government is considering a joint parliamentary committee review for the FCRA Amendment Bill 2026, aiming for stricter oversight on foreign funding for NGOs amidst political debate.
Cult.fit IPO Faces Co-founder Dispute Over Brand Acquisition
Cult.fit’s IPO plans are complicated by a co-founder’s dispute over the 2016 brand acquisition, alleging forgery and non-payment. Learn more.
SBI Plans $10 Billion Dollar Bond Issuance for Capital Raise
State Bank of India plans a five-year US dollar bond offering, part of its $10 billion note program, to raise capital for general corporate purposes and international operations.
Unitree Robotics IPO Oversubscribed 5,526x by Retail Investors
Unitree Robotics’ Shanghai IPO sees retail portion 5,526x oversubscribed, attracting $1.2 trillion in orders from 9.8 million investors. China’s first publicly traded humanoid robot maker.
Bank of Baroda at Motilal Oswal Investor Conference Aug 18
Bank of Baroda to present strategic outlook to institutional investors at Motilal Oswal Annual Global Investor Conference on August 18, 2026.
Tenneco Clean Air Promoter Sells Rs 2,078.5 Cr Stake
Tenneco Clean Air’s promoter plans to sell an Rs 2,078.5 crore stake via block deal on August 12, offering shares at a 6% discount.
Shiprocket IPO: ₹727 Cr Anchor Funding Secured
E-commerce enabler Shiprocket raises ₹727.41 Cr from anchor investors ahead of its IPO launch on August 12, 2026. Details inside.
Vodafone Idea Secures ₹45,000 Cr Funding for 4G/5G Expansion
Vodafone Idea finalizes a major funding deal with an SBI-led consortium for its ₹45,000 crore capex plan, focusing on 4G and 5G network expansion across India.
India’s Direct Tax Collection Soars 23% to ₹8.11 Lakh Cr
India’s net direct tax collection surged by 23.09% to ₹8.11 lakh crore by August 10, FY27, signaling robust economic performance and strong government revenue.
US Stocks Mixed: Dow Up, Nasdaq Down on Oil & Nvidia
US stocks traded mixed Tuesday. Dow Jones edged up, Nasdaq dipped, influenced by stable oil prices and a significant surge in Nvidia shares.
Tata Capital Discusses Revolving Credit Ban with RBI
Tata Capital engages with the RBI over the proposed ban on revolving credit for NBFCs, highlighting minimal exposure to such facilities.
REIT & InvIT Payouts: Tax-Free Dividends, Taxable Income
Understand the proposed tax changes for REIT & InvIT dividends in India. While dividends may become tax-exempt, interest, rent, and capital gains remain taxable. Learn more.
College Finance Tips: Budgeting, Credit & Student Loans
Navigate college finances with essential tips on budgeting, building credit, and understanding student loans. Secure your financial future starting today.
AI Boom Saved US Economy From Recession, Economist Says
Economist David Rosenberg explains how the AI boom’s massive capital absorption and growth likely shielded the US economy from recession, despite other weaknesses.
Milky Mist IPO Subscribes 79% on Day 1: India’s Largest Dairy
Milky Mist Dairy Food’s Rs 1,553-crore IPO, India’s largest dairy offering, achieved 79% subscription on day one. Retail and non-institutional investors show strong interest.
Tatva Chintan Pharma Dividend: Tax Docs Due Sept 10
Tatva Chintan Pharma Chem Ltd. shareholders: Submit tax documents by Sept 10, 2026, for your ₹2.00 dividend payout to ensure correct TDS.
Sebi Expands FPI Access to Commodity Derivatives in India
Sebi proposes wider access for Foreign Portfolio Investors (FPIs) to physically settled non-agricultural commodity derivatives and index contracts in India.
Indian Bonds Fall as Crude Oil Hits $90; US-Iran Talks Stall
Indian bonds decline as Brent crude nears $90 amid stalled US-Iran talks, sparking inflation and fiscal worries. Learn about the market impact.
Zepto Warehouse Near Bengaluru Cited for ‘Extremely Unhygienic’ Conditions
Health officials discovered ‘extremely unhygienic’ conditions at a Zepto warehouse near Bengaluru as part of an intensified food safety crackdown, raising concerns.
Calcutta Stock Exchange Lacks Formal Revival Plan for Sebi
The Calcutta Stock Exchange (CSE) has not submitted a formal revival plan to Sebi, despite requesting a pause on its exit application. Minister Pankaj Chaudhary confirmed the lack of a plan.
Pensioners Demand Quarterly DA, ₹45,000 Minimum Pension
Bharat Pensioners Samaj urges 8th Pay Commission for quarterly Dearness Relief revisions and a ₹45,000 minimum pension to combat inflation and improve financial security.
Canara Bank Hikes MCLR by 5 BPS: New Rates Effective Aug 12
Canara Bank increases MCLR by 5 basis points on key tenures from August 12. Discover the revised lending rates and their impact on your loans.