Business
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Dr. Reddy’s Ends Novartis India Deal Post-ChrysCapital Buyout
Dr. Reddy’s terminates Novartis India distribution pact after ChrysCapital’s majority stake acquisition. Novartis to regain product exclusivity post-September 2026.
Shankesh Jewellers IPO: Rs 370 Cr Opening Aug 18
Shankesh Jewellers launches its IPO on August 18, 2026, aiming to raise Rs 370 crore for debt repayment and working capital. Explore details.
Dhoot Transmission IPO Subscribes 63% on Day 1
Dhoot Transmission’s Rs 3,067 crore IPO saw a strong 63% subscription on Day 1 (Aug 10, 2026), driven by retail and NII demand. Closes Aug 12.
GOBARdhan Scheme: ₹23,731 Cr for Clean Fuel & Reduced Imports
India approves GOBARdhan scheme with ₹23,731 Cr outlay to convert organic waste into Compressed Biogas, boosting clean fuel production and cutting gas imports.
Multi-Asset Funds: Diverse Risk Profiles Explained
Discover the wide range of risk profiles in multi-asset allocation funds. Understand the riskometer and real-world data to make informed investment decisions.
Air India A320 Incident: Probe Launched After Injuries
Air India A320 flight AI2379 from Phuket to Delhi experienced severe technical malfunctions, turbulence, and an altitude drop, injuring 17 passengers. An investigation is underway.
Indian Investors Flock to Overseas Equities & Crypto in 2026
Indian investors are boosting overseas equity and crypto investments, with remittances doubling in May 2026 to $363.6M. Explore the trend.
BSE Joins Nifty 50; Nifty Sees 0.05% Gain Amid Volatility
Bombay Stock Exchange (BSE) to replace Wipro in Nifty 50 by Sept 30. Nifty50 closed up 0.05% at 24,583 on Aug 10 amid volatile trading.
Milky Mist Dairy Food Raises ₹465 Cr from 19 Anchor Investors
Milky Mist Dairy Food secures ₹465 crore from 19 anchor investors, including Temasek & IFC, ahead of its IPO for expansion and debt reduction.
Burry Calls Dot-Com ‘Idiots,’ Cuban Responds Amid AI Hype
Michael Burry criticizes dot-com beneficiaries as ‘idiots’ who made fortunes. Mark Cuban playfully responds, as both investors now caution about AI hype.
Sebi Proposes Enhanced Corporate Debt Repayment Flexibility
India’s Sebi proposes new rules for corporate debt repayment flexibility, aiming to ease refinancing pressures and improve cash flow management for issuers, especially NBFCs.
Nifty 27,200 by 2026: Axis Securities Forecast
Axis Securities forecasts Nifty to reach 27,200 by 2026 in its base case, considering FPI inflows, earnings growth, and key economic factors.
Indian Households Favor Deposits Amid Market Volatility
Indian households are shifting savings to bank deposits and liquid assets in FY26, prioritizing capital protection due to global instability and market volatility.
LEAP India IPO Subscribes 49% on Day 2, Closes Tuesday
LEAP India’s IPO sees 49% subscription on day 2. The supply chain asset pooling firm’s Rs 2,480 crore issue closes Tuesday. QIBs lead subscriptions.
Nippon India AIF Buys Stake in Iris Clothings
Nippon India Equity Opportunities AIF invests in Iris Clothings, a small-cap stock showing exceptional 2,176% growth over six years. Learn more about this significant institutional investment.
Future MDR for High-Value Digital Transactions Only: FM
India’s Finance Minister confirms future Merchant Discount Rate (MDR) will target only high-value digital transactions, keeping UPI free for small businesses and consumers.
Milky Mist Raises ₹465 Cr from Anchor Investors Ahead of IPO
Milky Mist Dairy Food secures ₹465 crore from 19 anchor investors, including Zulia Investments, ahead of its August 11, 2026 IPO. Price set at ₹140 per share.
MCC Chandigarh Empowers Employees with Financial Planning Seminar
Municipal Corporation Chandigarh (MCC) hosted a seminar for employees on financial planning and investment avenues, including SIPs, IPOs, and mutual funds.
Google Photos Stops Drive Folder Backups in 2026
Google Photos discontinues automatic folder backups from Windows/Mac via Google Drive on Aug 10, 2026. Learn how to adapt your backup strategy.
SEBI Eyes 17 ISIN Limit for Private Debt to Boost Liquidity
SEBI proposes increasing the annual ISIN limit for private debt from 14 to 17, aiming to ease liquidity and refinancing pressures for NBFCs and large corporates in India.
iPhone 18 Pro: September Launch, 2nm Chip, Price Hike?
Apple’s iPhone 18 Pro, launching in September, may feature a 2nm A20 Pro chip, larger batteries, and a refined Dynamic Island, but expect a potential price increase.
Behari Lal Engineering IPO: ₹301.62 Cr Issue Opens Aug 12
Behari Lal Engineering’s Mainboard IPO opens Aug 12, 2026, aiming to raise ₹301.62 Cr. Priced at ₹271-₹285, it includes fresh issue & offer for sale. Listing by Aug 19.
Ion Exchange Q1 FY27: Profit Plummets Despite Revenue Surge
Ion Exchange India reports a 20% revenue jump in Q1 FY27, but net profit falls sharply to INR 3 crores due to legacy project issues and rising costs. Strategic shift underway.
ED Files Chargesheets Against Anil Ambani Firms in ₹40,185 Cr Cases
Enforcement Directorate files PMLA chargesheets against Reliance Infrastructure & RCom for alleged bank fraud and money laundering totaling ₹40,185 crore.
Nil TDS Certificates: Apply Electronically Under New Indian Tax Rules
India’s Income Tax Dept. now allows electronic applications for nil/lower TDS certificates. Simplify compliance, prevent over-deductions, and avoid future refund claims.
LPG Subsidy: Complete e-KYC by Aug 16, 2026, to Save Rs 300
Don’t miss the August 16, 2026 deadline for Aadhaar e-KYC. Complete it to continue receiving your Rs 300 LPG subsidy, especially under the PMUY scheme.
Mahindra Sales Soar 25% in July, Exceeding 1 Lakh Units
Mahindra & Mahindra reports a strong July with a 25% YoY sales increase to 102,710 units. Production up 20%, exports surge 47%.
Zostel Withdraws Oyo Stake Plea from Delhi High Court
Backpacker hostel Zostel withdraws Delhi High Court plea over its claimed 7% stake in Oyo’s parent, Oravel Stays. SEBI’s examination continues.
Indian Markets Flat, Midcaps Shine: August 10 Analysis
Indian stock market closed flat on Aug 10, 2026, with Sensex & Nifty volatile. Midcap stocks outperformed, while the rupee hit its day’s low. Explore key movements.
Financial Independence by 2026: Your 4-Point Checklist
Achieve financial independence by July 4, 2026! Follow our 4-point checklist: build an emergency fund, master your budget, tame debt, and invest wisely.