Business
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KKalpana Industries Profit Plummets 60% in June Quarter
KKalpana Industries reports a sharp 60% net profit decline to Rs 0.02 crore and a 56.79% sales drop in the June 2026 quarter, signaling financial challenges.
Air India CEO Grilled Over AI2379 Incident, Trust Erodes
Air India CEO Campbell Wilson summoned by MoCA over flight AI2379’s 300ft altitude loss and 17 injuries, deepening public trust concerns.
Aditya Birla SL AMC Suspends 33 IDCW Schemes
Aditya Birla Sun Life AMC halts new IDCW subscriptions for 33 schemes from August 12, 2026, following a SEBI directive. Learn what this means for investors.
NBCC India Board Approves New REIT Subsidiary
NBCC (India) board greenlights a new wholly-owned subsidiary to manage Real Estate Investment Trust (REIT) operations, pending government approvals. Strategic move for real estate ventures.
Quant Mutual Fund Revises Risk Bands for 3 Strategies
Quant Mutual Fund adjusts risk profiles for three strategies, including Equity Ex-Top 100 Long-Short, effective July 31, 2026, in line with SEBI circular.
Delhi HC: PPF Funds for Child’s Future, Not Parent’s Debt
Delhi High Court rules PPF funds in a minor’s account are strictly for the child’s future, not for parental maintenance obligations. Learn more.
India’s FY27 Economy: Domestic Strength Amidst External Risks
India’s economy starts FY27 strong with robust consumption & investment, but ICRIER report flags external & inflationary risks. Explore key indicators.
L&T Eyes Rare-Earth Magnets to Cut China Reliance
Larsen & Toubro plans to manufacture rare-earth magnets in India, aiming to build a domestic supply chain and reduce dependence on China.
LEAP India Targets Huge Growth in Underpenetrated Pallet Market
LEAP India is set for major expansion in India’s logistics asset pooling sector, capitalizing on its vast network and recurring revenue model to tap into a massive, underpenetrated market.
Large-Cap Funds See First Outflow in 3 Years: Investor Shift
Large-cap mutual funds experienced their first net outflow in nearly three years in July, with investors moving capital to small and mid-cap schemes for higher growth potential.
Milky Mist IPO: ₹1,553 Cr Raise Amid Valuation Concerns
Milky Mist Dairy Food’s ₹1,553 Cr IPO opens Aug 11 at ₹133-140/share. Focus on value-added products, but high valuation sparks investor debate.
India’s Parking Crisis & Your Car Insurance: What You Need to Know
India’s severe parking shortage increases car vulnerability, affecting insurance claims and coverage. Discover how inadequate parking impacts your vehicle’s financial security.
Infonative Solutions Acquires Digital Benchers, Expands Portfolio
Infonative Solutions announces acquisition of Digital Benchers, making it a subsidiary. Strategic expansion bolsters company’s portfolio. Learn more about the deal.
India Food Safety Crackdown: Rotten Meat, Expired Products Found
India’s food safety crackdown intensifies, with regulators uncovering widespread violations including rotten meat, expired products, and unhygienic kitchens.
8th Pay Commission: Rs 52,600 Min Pay Demand, Consultations Ongoing
Central government employees await the 8th Pay Commission report, with consultations underway and a Rs 52,600 minimum pay demand.
Manugraph India’s Profit Up 9.22% Despite Sales Drop
Manugraph India reports a 9.22% rise in net profit to Rs 7.46 crore for Q1 FY26, overcoming an 18.79% decline in sales revenue. Explore the financial performance.
SBI AMC IPO: Price Band Set at ₹545-574 for ₹11,692 Cr Offering
SBI Funds Management Ltd announces its IPO price band at ₹545-574, aiming to raise up to ₹11,692 crore. India’s largest AMC opens for subscription July 14-16.
Shiprocket IPO: AI Focus for Merchant OS
Shiprocket to invest IPO funds in AI, aiming to build a comprehensive merchant operating system for Indian businesses. IPO opens August 12.
Leap India IPO Oversubscribed 8.38x: Strong Investor Demand
Leap India’s IPO closed Aug 11, 2026, oversubscribed 8.38 times. Strong investor interest signals positive market reception for the supply chain asset pooling provider.
Apple Pay India Launch Delayed: UPI Integration Pending
Apple Pay’s India launch is set for October, but will initially exclude UPI payments due to regulatory delays. Only Visa & Mastercard credit cards will be supported.
Indian Family Business Fortunes Decline Sharply
Hurun India report: Prominent Indian business families, including HCL’s Nadars and DLF’s Singhs, face significant wealth erosion over three years due to market cap shifts.
Behari Lal Engineering IPO: August 12-14, 2026 Subscription
Behari Lal Engineering launches its 100% book building IPO from Aug 12-14, 2026. Offering 1,07,51,735 shares at Rs 271-285. Integrated iron & steel manufacturer.
EPFO Digital Upgrades 2026: Simpler PF & UAN Management
EPFO’s 2026 digital reforms simplify PF claims and UAN management with face authentication and faster auto-settlement up to Rs 5 lakh.
Indian Mutual Funds: ₹2.35 Lakh Crore Inflow in July
India’s mutual fund industry saw a ₹2.35 lakh crore net inflow in July 2026, reversing outflows. Mid-cap and small-cap funds led the surge, boosting AUM.
GIFT City: India’s Financial Hub Aims for Global Status
GIFT City, India’s financial hub, reaches $111B in assets with 1,200 entities. MD & CEO Sanjay Kaul sees it at an inflection point, poised for global financial gateway ambitions.
India’s Gen Z Debt Surge: RBI Alarmed by BNPL & Credit Card Use
India’s Gen Z and millennials are increasingly using BNPL and credit cards for consumption loans, raising concerns for the RBI about rising household debt.
Kriti Industries Reports Loss Amidst Balrampur Chini Mill’s Profit
Kriti Industries (I) posts a net loss of Rs. -22.75 million in Q1 2026, a stark contrast to Balrampur Chini Mill’s significant profit.
ICICI Prudential AMC Acquires PMS Business from ICICI Securities
ICICI Prudential AMC gets board approval to acquire ICICI Securities’ PMS business via slump sale, expanding its financial services portfolio.
Indian Corporate Earnings Surge: June 2026 Quarter Highlights
NBCC India & Dhoot Industrial Fin lead significant profit surges in the June 2026 quarter. Explore key financial results from Indian companies.
Bondada Engineering Wins Rs 513 Cr Orders for BESS & BSNL Towers
Bondada Engineering secures Rs 513.93 Cr in new orders for BESS projects and BSNL towers, expanding its consolidated order book to over Rs 10,000 Cr.