Business
Stay updated with the latest business news, analysis, and trends
Molbio Diagnostics IPO: Rs 281.5 Cr Raised from Anchor Investors
Molbio Diagnostics secures Rs 281.5 crore from 33 anchor investors, including Goldman Sachs & BlackRock, ahead of its IPO. Price band set at Rs 768-807.
PFRDA: Corporate NPS Supplements EPF for Enhanced Retirement Security
PFRDA clarifies Corporate NPS supplements EPF, not replaces it. Discover tax-efficient retirement benefits for employers and enhanced security for employees.
Free EPS Life Certificate at Home: EPFO Doorstep Service
EPFO now offers a free doorstep Life Certificate service via India Post. Learn how pensioners can submit their annual certificate from home to ensure uninterrupted pension payments.
Akasa Air, Air India Express 737 Fleets Unaffected by FAA Crack Directive
Akasa Air and Air India Express confirm their Boeing 737 fleets are unaffected by a recent FAA fuselage crack inspection directive due to newer aircraft.
US-India Partnership: Karnataka is Key, Says Ambassador Gor
US Ambassador Sergio Gor emphasizes Karnataka’s crucial role in the US-India partnership, highlighting significant American investment and trade growth.
Q&T Foods IPO: ₹26 Cr Issue Opens Aug 12 on BSE SME
Q&T Foods IPO launches August 12-14, 2026, on BSE SME, aiming to raise ₹26 Crore. Details on issue price, lot size, and financial performance.
Abakkus Large & Mid Cap Fund NAV: ₹10.0160 on August 7
Abakkus Large & Mid Cap Fund Direct-Growth’s NAV reached ₹10.0160 on August 7, 2026. Discover its strategy for long-term capital appreciation in large and mid-cap stocks.
US Senate Passes Russia Sanctions Bill, India Faces Tariff Threat
US Senate approves bill allowing 100% tariffs on nations buying Russian oil. India and China face significant economic pressure. Learn about the sanctions.
Indian Fuel Prices August 8: Hyderabad Sees Highest Petrol Rates
Explore Indian fuel price variations on August 8, 2026. Hyderabad leads with the highest petrol rates, influenced by state taxes and global crude oil costs.
PSP Investments Eyes $1.5B India Road Asset Sale
Canada’s PSP Investments is exploring a $1.5 billion sale of its Indian road assets via its Roadis platform, attracting preliminary interest.
Nykaa Awards 2026: India’s Top Beauty Buys & Trends Revealed
Discover India’s favorite beauty products and brands from the Nykaa Awards 2026. Explore top K-Beauty, luxury, and skincare trends driven by millions of votes.
US Senate Approves 100% Tariffs on Russian Energy Buyers
The US Senate passed the Sanctioning Russia and Iran Act, authorizing President Trump to impose up to 100% tariffs on countries buying Russian energy.
9 Indian Firms, Including Garuda Aerospace, Get SEBI IPO Nod
SEBI approves IPOs for nine Indian companies, featuring drone maker Garuda Aerospace and gaming firm PlaySimple Games. Details on fundraising and market readiness.
Molbio Diagnostics Raises ₹281.5 Cr from Anchor Investors Ahead of IPO
Molbio Diagnostics secures ₹281.5 crore from 33 anchor investors, including Goldman Sachs & BlackRock, before its IPO opens on August 10. Learn more about the IPO details.
Mithila Makhana Exports to Australia: A GI Tagged Milestone
India achieves a major agri-export feat with the first sea shipment of GI-tagged Mithila Makhana from Bihar to Australia, boosting farmer incomes.
Chaitanya Rathi Rejoins Sula Vineyards Board
Chaitanya Rathi returns to Sula Vineyards board as Additional Non-Executive Director, effective August 6, 2026. His prior experience includes COO role and IPO leadership.
MAAFs Attract ₹38,027 Cr Inflows Fueled by Gold Rally
Multi-Asset Allocation Funds saw nearly ₹38,027 crore in inflows (Jan-Jun 2026), driven by gold’s strong 2025 performance and safe-haven demand.
DRDO Told to Set Clear Project KPIs by Parliamentary Panel
A parliamentary panel has directed DRDO to establish clear, measurable KPIs for projects, focusing on cost, technology, timelines, and operational effectiveness to boost accountability.
Refurbished iPhones Gain Traction in India Amidst Price Hikes
Indian consumers favor certified refurbished iPhone 16s over new models due to significant price increases. Explore the value-driven shift in India’s smartphone market.
South Korea Resumes Gyeongwon Line Railway to Wonsan
South Korea restarts Gyeongwon Line railway project, aiming to connect with North Korea’s Wonsan. The initiative seeks to boost border economies and access DMZ tourism.
Iran, Oman Near Deal to Reopen Strait of Hormuz Amid US Pressure
Iran and Oman are finalizing a deal to reopen the Strait of Hormuz, a crucial global shipping route, as the US signals a potential agreement this week. Learn more.
Asit C Mehta Financial Services Reports Rs 4.56 Cr Profit in Q1 FY27
Asit C Mehta Financial Services achieves Rs 4.56 Cr net profit in Q1 FY27, a significant turnaround from a Rs 2.28 Cr loss in the previous year. Stable sales highlight operational improvements.
RBI Revolving Credit Ban Hits NBFC Stocks Hard
RBI’s proposal to restrict revolving credit facilities causes significant stock drops and market cap losses for major Indian NBFCs like Bajaj Finance and Bajaj Finserv.
LIC Invests ₹16,578 Cr in Stocks, Equity Share Hits Record Low
LIC invested ₹16,578 crore in top stocks in Q1, yet its equity share in the market reached a historic low due to overall market expansion.
Switch Files for IPO Amid AI Boom, Valued at $80B
Data center firm Switch confidentially files for a US IPO, eyeing up to $10B with an $80B valuation, driven by surging AI infrastructure demand.
PSP Investments Weighs $1.5B India Road Asset Sale
Canadian pension giant PSP Investments is reportedly exploring the sale of its Indian road assets, a deal potentially worth $1.5 billion including debt.
Odisha Food Pro 2026: Rs 43,437 Cr Investment for Food Processing
Odisha CM Mohan Charan Majhi launches ‘Odisha Food Pro 2026’, attracting Rs 43,437 crore in investment for the food processing sector, aiming for farmer prosperity and rural growth.
August 8 Bank Holiday: Major Lenders Closed
Indian banks like SBI, HDFC, ICICI will be closed on August 8, 2026, for the second Saturday holiday. Digital services remain active.
Siraj’s Rs 57 Cr Net Worth: From Rs 70 Pocket Money to Cricket Star
Discover Mohammed Siraj’s inspiring journey from Rs 70 pocket money to a Rs 57 crore net worth, showcasing dedication’s power in transforming financial futures.
PSP Investments Eyes $1.5B India Road Asset Sale
Canada’s PSP Investments is reportedly considering selling its Indian road portfolio, valued at approximately $1.5 billion, as part of a strategic review of its global infrastructure assets.