Business
Stay updated with the latest business news, analysis, and trends
Fascinate Textiles IPO: Rs 67 Cr Issue Opens Aug 11
Fascinate Textiles launches its IPO on August 11-13, 2026, aiming to raise up to Rs 67 crore. Discover IPO details, price band, and company profile.
Molbio Diagnostics Raises ₹281.5 Cr from Anchor Investors for IPO
Molbio Diagnostics secures ₹281.5 crore from 33 anchor investors ahead of its ₹940 crore IPO, allotting shares at ₹807 each. Read more about the IPO details.
Indian Mutual Funds: Losses Triple, SIPs Surge Amid Market Shocks
Indian mutual funds saw loss-making schemes triple in FY26 due to macro shocks. Despite downturns, retail SIPs and AUM surged, showing investor resilience.
Om Power Transmission Wins Rs 24 Cr Gujarat Cable Project
Om Power Transmission secures Rs 24.03 crore LoI from Gujarat Energy Transmission Corp for a 66 kV underground cable project, highlighting EPC capabilities.
Indian Bond Yields Stable Amid Global Uncertainty
Indian bond yields remain steady, mirroring Friday’s close, as global markets digest US jobs data and Middle East geopolitical tensions.
CESC Subsidiary Acquires 1.4 GWp Solar Portfolio
Purvah Green Power, a CESC subsidiary, strategically acquires a 1.4 GWp operational solar portfolio for Rs 4859 crore, shifting focus to revenue-generating assets.
Molbio Diagnostics Raises ₹281.5 Cr from Anchor Investors for IPO
Molbio Diagnostics secures ₹281.5 crore from 33 anchor investors, including mutual funds and insurance companies, ahead of its upcoming IPO.
Milky Mist Dairy IPO: ₹1,553 Cr Launch Aug 11
Milky Mist Dairy Food’s IPO opens August 11, 2026, aiming to raise ₹1,553 crore. Discover price band, lot size, and company details.
Motilal Oswal AMC Crosses ₹2 Lakh Crore AUM Milestone
Motilal Oswal AMC achieves a landmark ₹2 lakh crore AUM as of Aug 7, 2026, driven by its equity-focused QGLP strategy across mutual funds, AIFs, and PMS.
Bharat Forge Q1 Net Loss Due to German Unit Restructuring
Bharat Forge reports a Rs 90 crore net loss in Q1, impacted by a Rs 358 crore restructuring charge for its German subsidiary facing market challenges.
Manipal Health IPO: INR92.75 Billion Raised on BSE, NSE Debut
Manipal Health Enterprises debuts on BSE & NSE, successfully raising INR92.75 billion in its landmark IPO. India’s largest multispecialty hospital network expands.
India IPO Market Hits Record ₹1.9T in FY26 Amidst Investor Selectivity
India’s IPO market raised a record ₹1.9 trillion in FY26, but investor selectivity led to weaker listing gains and lower oversubscription rates.
GMR Airports Raises ₹6,500 Cr for Debt Refinance & Expansion
GMR Airports, India’s largest private operator, plans to raise ₹6,500 Cr via equity and bonds for debt refinancing and portfolio expansion. Board approval pending.
Salary Jumped, Loans Piled Up: Reddit User’s Financial Boundary Lesson
A Reddit user’s salary tripled, turning him into a default lender for friends. Discover his hard-learned lesson on setting crucial financial boundaries.
Apply for Nil/Lower TDS Online: Simplify Indian Taxes
Indian taxpayers can now apply online for Nil or Lower TDS certificates. This simplifies compliance, prevents over-deduction, and avoids refund delays. Learn more!
FD Rates Change: 5 Banks Adjust Fixed Deposit Rates Post RBI Decision
Following the RBI’s decision to maintain the repo rate at 5.25%, Union Bank, Indian Bank, CSB Bank, DCB Bank, and Jana Small Finance Bank have revised their fixed deposit interest rates. Discover the new FD rates.
Nominee vs. Owner: Understanding Asset Rights in India
Clarifying nominee roles in India: Nominees for bank balances & mutual funds are trustees, not owners. Legal heirs ultimately decide asset distribution.
Akums Drugs Q1 Profit Jumps 57.5% to Rs 100 Cr; Stock Surges
Akums Drugs & Pharmaceuticals reports a 57.5% year-on-year Q1 net profit increase to Rs 100 crore, driving its stock up over 5%. Revenue and EBITDA also saw significant growth.
DLF’s Dahlias: ₹271 Cr Penthouse Deal Sets New Luxury Benchmark
Manav Sardana’s ₹271 crore penthouse purchase at DLF’s The Dahlias in Gurugram marks a new peak in India’s ultra-luxury real estate, showcasing soaring demand for premium properties.
India Hits 300 GW Non-Fossil Fuel Capacity, Nears 2030 Goal
India achieves 300 GW non-fossil fuel capacity by July 2026, reaching 60% of its 500 GW 2030 target. Renewables now exceed 54% of total capacity.
RBI Bans Remote Device Disabling for Loan Recovery by 2027
RBI prohibits banks from remotely disabling borrower devices for loan recovery from Jan 1, 2027. Learn about the new regulations and exceptions.
Parag Parikh Flexi Cap Fund Buys More in 11 Stocks
Parag Parikh Flexi Cap Fund increased stakes in 11 stocks in July, with AUM reaching ₹1.48 lakh crore. Discover key portfolio changes.
NRI Parents & SSY: Strict Eligibility for 8.2% Interest Scheme
NRI parents: Understand Sukanya Samriddhi Yojana (SSY) eligibility. New accounts require resident Indian status, despite Indian passports. Learn about the 8.2% interest scheme.
United Drilling Tools Wins Rs 48.29 Lakh Gas Lift Mandrel Order
United Drilling Tools secures a significant Rs 48.29 lakh order for Gas Lift Mandrels from Tri Lift Services INC, USA, strengthening its global oil and gas market presence.
Samkrg Pistons Profit Dips Despite Revenue Rise in Q1
Samkrg Pistons & Rings reports a 6.60% net profit decline in Q1 FY27 to Rs 26.89M, despite a 12.32% revenue increase to Rs 718.55M. Explore the financial details.
HBL Engineering Q1FY27 Profit Drops 23.86% Amidst Revenue Growth
HBL Engineering reports a 23.86% consolidated net profit decline to Rs 109.08 crore in Q1FY27, despite a 5.98% rise in total income. Explore the financial details.
Stockbroker’s Family Awarded ₹6 Crore After Fatal Accident
A Maharashtra tribunal awarded a stockbroker’s family nearly ₹6 crore in compensation after a fatal bus accident, emphasizing the crucial role of income in claims.
Cupid Ltd. Stock Surges 10,900% on Strong Q1 FY27 Profits
Cupid Ltd. shares hit a record high, delivering a 10,900% return over five years, fueled by a threefold net profit surge in Q1 FY27 to Rs 44.1 crore.
Indian Students in US: Stock Investing & Tax Rules
Indian students in the US can invest in stocks. Learn about FEMA, Indian & US tax rules for compliance and clarity on your investments.
EID Parry Trading Volume Skyrockets 13.63x Despite Stock Dip
EID Parry India Ltd saw a massive 13.63x surge in BSE trading volumes to 4.08 lakh shares on Aug 10, 2026, even as its stock price declined 1.28%.