Business
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IndusInd Bank & EazyDiner Launch RuPay Credit Card with UPI
IndusInd Bank and EazyDiner unveil a new RuPay Platinum Credit Card with UPI integration, offering significant annual savings on dining, movies, and more.

GK Energy Profit Soars 61.55% in June 2026 Quarter
GK Energy reports a remarkable 61.55% profit increase to Rs. 596.73 million in the June 2026 quarter, driven by a 71.10% rise in turnover.

GOBARdhan Scheme: Rs 23,731 Cr Boost for Bioenergy in India
India’s Cabinet approves Rs 23,731 Cr GOBARdhan scheme to boost Compressed Biogas (CBG) production tenfold, fostering a circular bioeconomy and attracting investment.

Britannia Q1FY27 Profit Jumps 13.56% to Rs 591 Cr
Britannia Industries reports a strong Q1FY27 with consolidated net profit up 13.56% to Rs 591.35 crore and total income rising 8.17% to Rs 5,061.38 crore.

Waaree Energies Ventures into Clean Mobility Solutions
Waaree Energies expands into the green mobility sector with its new subsidiary, WH Clean Mobility Systems, focusing on clean fuels and advanced battery technologies.

APM Industries Reports Rs 44.4M Profit in June 2026 Quarter
APM Industries achieves a significant turnaround, posting Rs 44.40 million in profit for the June 2026 quarter, driven by strong operational efficiency.

Indian Rupee Weakens Against US Dollar
The Indian Rupee depreciated by 3 paise against the US Dollar to 95.25, influenced by a strong USD and rising Brent crude prices. Market eyes US payrolls data.

India Rejects US Ethanol Imports: Domestic Policy Drives Fuel Blending
India confirms no commitment to US ethanol imports for fuel blending, emphasizing its domestic policy governs the Ethanol Blended with Petrol Programme.

Varroc Engineering Hits 52-Week High on Strong Q1 FY27 Revenue Growth
Varroc Engineering’s stock surged 11% to a 52-week high after Q1 FY27 results revealed robust revenue growth, despite a dip in net profit. Learn more about their performance.

Indian Stocks Dip: Financials, Crude Oil Drive Morning Losses
Indian equity markets face morning losses, dragged down by weak financial stocks and rising crude oil prices. FII outflows add to market pressure.

Bharti Airtel’s Nxtra Data Expands Data Centre Footprint
Bharti Airtel’s Nxtra Data is acquiring up to 85% stakes in Rochak Systems and Rovision Tech Hub, significantly expanding its data centre business and digital infrastructure.

LIC Profit Surges 24% in Q1FY27; Shares Rise
Life Insurance Corporation of India (LIC) reports a 23.98% consolidated net profit increase to Rs 13,584.25 crore in Q1FY27, with shares trading up 1.34% on the BSE.

Hero MotoCorp Profit Dips, TVS Expands in Kenya
Hero MotoCorp’s Q1FY27 profit declines 17% despite income surge. TVS Motor expands into Kenya with iQube launch. Market insights.

Steel Profitability to Hold Strong: Crisil Forecasts Rs 11,000/T Profit
Crisil Ratings predicts primary steelmakers will maintain Rs 10,500-11,000/T operating profit in FY27, driven by strong demand and steel prices despite rising input costs.

LIC Q1FY27: Net Profit Soars 24% to ₹13,584 Crore
Life Insurance Corporation of India (LIC) reports a strong Q1FY27 with consolidated net profit jumping 23.98% to Rs 13,584.25 crore, driven by a 6.69% rise in total income.

Infosys Stock Rises on 10-Year Crocs Deal
Infosys shares climbed 0.95% to Rs. 1176.25 after announcing a decade-long strategic partnership with footwear giant Crocs, Inc. to modernize IT systems.

India Auto Retail Sales Soar 25.89% in July 2026
India’s auto retail sales surged 25.89% in July 2026, reaching 25.91 lakh units. FADA reports strong growth across all vehicle segments, led by two-wheelers.

Stock Picks: LIC, Trent, Hero MotoCorp & More – Brokerage Insights
Explore diverse brokerage stock recommendations for LIC, Trent, Hero MotoCorp, and others released August 7, 2026. Get insights on BUY/SELL calls and target prices.

Crompton Greaves Stock Dips 3% Despite Strong Q1 Profit
Crompton Greaves Consumer Electricals Ltd. shares fell 3% despite strong Q1 profit and revenue growth. Learn more about the company’s performance and market reaction.

GPT Infraprojects & Digilogic Systems Secure Rs 77 Cr in New Orders
GPT Infraprojects’ subsidiary lands Rs 72.5 Cr Eastern Railway signaling project; Digilogic Systems wins Rs 4.88 Cr contract. Totaling over Rs 77 Cr in new business.

Lok Sabha Passes Tax Bill: UPI Merchant Fees & Data Centre Rules Change
India’s Lok Sabha approves a new tax bill, potentially ending free UPI merchant transactions and easing data centre regulations, impacting the digital economy.

NITI Aayog: Simplify Land Acquisition for India Investment
NITI Aayog Vice Chairman urges India to simplify land acquisition processes to boost industrial investment, citing structural impediments and factor market imperfections.

iPhone 18 Pro Launch Hit by DRAM Shortage, Price Hike Likely
Apple’s iPhone 18 Pro faces DRAM chip shortage, impacting production costs. Expect potential price increases of $100-$200 due to AI demand.

Hindalco Q1FY27: Investors Watch Margins Amidst Metal Price Swings
Hindalco Industries to report Q1FY27 results on Aug 7, 2026. Investors focus on aluminium & copper margins, metal price volatility, and demand outlook.

Kalyan Jewellers Shares Surge on Futures Buildup
Kalyan Jewellers shares jumped over 3% as August futures showed a fresh long buildup, indicating positive short-term sentiment. September contract saw short covering.

EPFO Settles 8.3 Crore Claims in FY26, Easing Online Process
EPFO processed over 8.3 crore claims in FY26, significantly boosted by a reform ending mandatory cheque uploads, benefiting 7 crore members and streamlining the online claims process.

Lupin’s Q1 Profit Soars 16% Past Forecasts; Shares Rally
Lupin Pharmaceuticals reports a strong Q1 with net profit up 16% to Rs 1,415 crore, surpassing estimates. Revenue and EBITDA also see significant growth.

LEAP India & Technocraft Ventures IPOs Launch: GMP Projections
LEAP India and Technocraft Ventures IPOs opened August 7. LEAP India eyes 12.26% listing premium, Technocraft Ventures 7.55%, driven by strong GMP.

PFC Q1 FY27 Results: August 7; Profit & Loan Growth in Focus
Power Finance Corporation (PFC) to announce Q1 FY27 results on August 7. Investors keenly watch net profit, loan growth, and asset quality. Interim dividend also on agenda.

Claim Unclaimed SBI Dividends: Your Guide to Getting Your Money
Unpaid SBI dividends? Learn how to check and claim your money, whether it’s still with the bank or transferred to the IEPF. Your guide to retrieving forgotten funds.