Business
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India IPO Market Surges: Shiprocket, Credent Connect Eye Strong Listings
India’s IPO market is buzzing with activity as Shiprocket, Credent Connect, and others prepare for public listings, fueled by strong Grey Market Premiums (GMPs) indicating positive investor sentiment.
Ola Electric Shares Tumble 6% on PLI Penalty Reversal, Auditor Worries
Ola Electric’s stock drops 6% post-Q1 results due to a ₹57 crore PLI penalty reversal and auditor concerns over MHI approval for investment milestones.
Franklin Templeton Sells Gateway Distriparks Stake
Franklin Templeton Mutual Fund reduced its stake in Gateway Distriparks to 2.962% by selling 772,229 shares on August 6, 2026. Learn more about this market move.
Axis Mutual Fund Launches Nifty Energy Index Fund & ETF
Axis Mutual Fund introduces Nifty Energy Index Fund & ETF, offering passive investment in India’s growing energy sector, tracking the Nifty Energy TRI.
DII Equity Investments Hit Rs 5 Lakh Crore for 3rd Year
Domestic Institutional Investors (DIIs) in India surpass Rs 5 lakh crore in net equity investments for the third consecutive year, significantly bolstering markets amid fluctuating foreign flows.
ITR Deadline: Aug 31, 2026 for Freelancers & Small Businesses
Freelancers & small businesses: Your ITR filing deadline is August 31, 2026, for AY 2026-27. Don’t miss this crucial date for unaudited business/professional income.
Indian Banks Expand Gold Loans Amid High Demand
Indian banks are rapidly growing their gold loan portfolios due to surging demand for jewelry-backed credit and record-high gold prices.
AstraZeneca’s Enhertu Approved for Expanded Breast Cancer Use in India
AstraZeneca’s Enhertu receives CDSCO approval for expanded HER2-positive breast cancer treatment in India, offering new hope for patients with residual disease.
Waaree Secures 124 MWp Solar Project LoA
Waaree Renewable Technologies wins Letter of Award for a 124 MWp ground-mounted solar PV project, with completion targeted by FY27. Key EPC contract.
Ramco Systems Stock Soars on Royal Jordanian Airlines Deal
Ramco Systems shares surged 4.36% to Rs. 666.40 following a strategic aviation software partnership between its subsidiary and Royal Jordanian Airlines.
Netripples, Garuda Profit; Omkar SpecialityChem Posts Loss
Netripples Software and Garuda Construction & Engineering report strong Q1 FY27 profits, while Omkar Speciality Chemicals faces a loss in its March quarter results.
Bajel Projects Wins Rs 400 Cr PowerGrid EPC Contract
Bajel Projects secures a major Rs 300-400 crore EPC contract from PowerGrid Corporation for crucial inter-regional transmission network expansion.
S&P: El Nino to Hit Asia-Pacific Households with Supply Shocks
S&P Global Ratings warns El Nino’s onset in 2026 will trigger supply shocks, impacting food prices and agricultural output in vulnerable Asia-Pacific economies like India.
Ammonia Price Drop Boosts Fertilizer Stocks Amid Sulfur Woes
Falling ammonia prices since late June offer partial relief to fertilizer companies, but high sulfur costs continue to impact profitability. Market shifts to surplus.
DIIs Invest Over ₹5 Lakh Crore in Equity for 3rd Year
Domestic Institutional Investors (DIIs) in India surpass ₹5 lakh crore in equity investments for the third consecutive year, proving crucial for market stability.
Unclaimed Mutual Fund Dividends Hit Rs 2,689 Crore in India
India’s unclaimed mutual fund dividends surged to Rs 2,689 crore in FY26. SEBI is launching new initiatives to help investors reclaim their funds.
ITR Refund: Timeline, Expectations & How to Speed It Up
Wondering about your ITR refund? Understand the typical timeline, factors influencing it, and tips to get your Income Tax Return refund faster. Learn more!
Jefferies’ Christopher Wood Overweights India: 7 Key Drivers
Jefferies’ Christopher Wood names India his top overweight market in Asia Pacific ex-Japan, citing robust inflows and 7 key financial drivers. Discover why.
YOOU by PNG Jewellers: New Lightweight Diamond Brand Launches in Pune
PNG Jewellers introduces YOOU, a new lightweight diamond jewellery brand for daily wear and self-expression, with its first flagship store now open in Pune’s Amanora Mall.
India’s FTA Usage Soars: Certificates of Origin Double
India’s Free Trade Agreement utilization surges as Certificates of Origin issuance more than doubles in FY27, boosting market access for exporters.
Hitachi Energy India Shares Jump 8% on Doubled Q1 Profit
Hitachi Energy India’s Q1 FY27 net profit soared 123.5% to ₹294.2 crore, driving an 8% surge in its shares, fueled by strong revenue growth and a record order backlog.
Molbio Diagnostics IPO Opens: GMP at 16% Premium
Molbio Diagnostics IPO launched August 10, 2026, at ₹940 crore value and a 16% grey market premium. Explore details and subscription recommendations.
Paytm Stock Surges 4.5% After Bernstein Analyst Upgrade
Paytm’s parent company, One 97 Communications, stock jumps 4.5% to Rs 1,506.60 after Bernstein raises target price above IPO levels for the first time.
Bharat Forge Q1 FY27 Earnings: Results & Fundraising
Bharat Forge Ltd. to announce Q1 FY27 results on Aug 10, 2026. Investors await key metrics on revenue, margins, and fundraising plans. See Q4 FY26 performance.
Akums Drugs Q1FY27 Profit Surges 57.55%, Stock Jumps
Akums Drugs & Pharmaceuticals reports a strong 57.55% rise in Q1FY27 consolidated net profit to Rs 100.01 crore, driving its stock up 5.70%. Discover financial highlights.
Zenlabs Ethica Partners with V Nexxtra for Exclusive Distribution
Zenlabs Ethica appoints V Nexxtra Lifesciences as exclusive distributor, expanding market reach and strengthening sales network for its full product portfolio.
Valplast Technologies Stock Soars on Rs 72 Cr Railway Order
Valplast Technologies stock surged 8.92% to Rs 40.30 after securing a major Rs 72.24 crore railway project order from Ajanma Industries LLP, to be executed within 18 months.
Waaree Energies Rises on Subsidiary’s Eppeltone Engineers Stake Acquisition
Waaree Energies stock sees a slight increase after its subsidiary, Waaree Smart Meters, acquires a 24.21% stake in Eppeltone Engineers for Rs 21.78 crore, bolstering smart grid solutions.
Akums Drugs Q1FY27 Profit Soars 57.55% to Rs 100 Crore
Akums Drugs & Pharmaceuticals reports a robust 57.55% rise in consolidated net profit for Q1FY27, reaching Rs 100.01 crore, with total income up 13.92%.
Private Investment Fuels India’s Growth: Public Capex Boosts Economy
India’s private sector investment shows sustained growth, driven by robust public capital expenditure. Economic Affairs Secretary Anuradha Thakur confirms positive economic trends.