Business
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Novartis India Shares Surge 4.58% on Financial Update
Novartis India Ltd. shares jumped 4.58% to ₹1,554.40 on August 31, 2026, with market cap reaching ₹3,843 Cr. Key financials released.
HAPPY STEELS Shares Plunge 7.39% Despite Strong FY26 Revenue Growth
HAPPY STEELS LIMITED shares dropped 7.39% to ₹85.20 on Aug 31, 2026, despite robust FY26 revenue growth of 17.03% to ₹96.57 crore. Explore the stock performance and financials.
Sony, Warner Music Sue Anthropic Over AI Training Data
Sony Music and Warner Chappell accuse AI firm Anthropic of illegally using thousands of copyrighted song lyrics and compositions to train its AI models, sparking a major copyright battle.
India’s 7% Growth: Developed Nation Goal by 2047 Unlikely
India’s 7% economic growth is insufficient to reach developed nation status by 2047. Over 9% annual growth for two decades is needed. Explore the gap and necessary reforms.
Over 40s Dominate India’s Bank Deposits: RBI Data
RBI data reveals individuals over 40 hold 76% of India’s bank deposits, highlighting a generational savings gap as younger groups favor capital markets.
India & Brazil Target $30B Trade by 2030
India and Brazil aim to double bilateral trade to $30 billion by 2030, focusing on pharmaceuticals and market access agreements to boost economic ties.
Saudi Arabia Seeks $8B Loans Amid Iran War Strain
Saudi Arabia in talks for $8 billion in new loans to diversify funding amid economic strain from the ongoing Iran war. Learn about the regional impact.
Carborundum Universal: Stable Promoter Stake in June 2026
Carborundum Universal Ltd. reports June 2026 shareholding: Indian Promoters retain a steady 38.87% stake, indicating stability in ownership structure.
Kharif Sowing Down 1.7%; IMD Predicts Below-Normal September Rains
India’s Kharif crop sowing acreage is down 1.7% by Aug 28. IMD forecasts below-normal September rains, impacting yields. Maize acreage sees biggest drop.
GRT Jewellers Buys Majority Stake in TBZ for ₹10.34 Billion
GRT Jewellers India is set to acquire a 74.12% stake in Tribhovandas Bhimji Zaveri (TBZ) for up to ₹10.34 billion, signaling a major consolidation in India’s jewellery retail market.
Kotak Mahindra Bank CEO Succession: Internal Candidates Proposed
Kotak Mahindra Bank proposes internal leaders Anup Saha and Paritosh Kashyap to RBI for CEO role, following Ashok Vaswani’s departure.
India Services Sector Surges 13.1% in June: Economic Rebound
India’s services sector rebounds strongly with 13.1% growth in June, fueled by real estate and IT, indicating robust economic activity and recovery.
ONGC Videsh Gets US OFAC Waiver for Venezuela Oil Operations
ONGC Videsh secures a crucial US OFAC license in July, enabling continued oil operations in Venezuela. Future investments hinge on a framework agreement.
Old Monk Rum Drops ‘7 Years Old’ Claim After FSSAI Probe
Old Monk rum’s maker, Mohan Meakin, will remove the ‘7 years old blended’ claim following FSSAI scrutiny over its composition and flavor disclosures.
Meta Blocks Indian Banking Malware Ads on Facebook & Instagram
Meta removes deceptive adult-themed ads on Facebook & Instagram targeting Indian users with banking malware. Learn how these scams work and Meta’s response.
India’s Economy Surges 7.8% in Q1, Defying Global Headwinds
India’s economy shows remarkable resilience, expanding 7.8% in Q1 FY24, driven by strong investments, services, and exports, surpassing RBI forecasts.
Azim Premji Scholarship 2026-27: Financial Aid for Girls
Unlock higher education with the Azim Premji Scholarship 2026-27. Get Rs 30,000 annually for eligible girl students across 21 states & UTs. Apply now!
RBI FX Forward Book Hits Record $136.7B Amidst Overseas Deposit Surge
The Reserve Bank of India’s FX forward position surged to a record $136.7 billion in July, driven by strategic measures to attract overseas deposits and stabilize the rupee.
SEBI Study: Anchor Investors Exit IPOs Fast
SEBI study reveals anchor investors sell over 50% of IPO shares within a year, challenging long-term commitment perceptions. FPIs lead divestment.
Tim Cook Steps Down as Apple CEO in 2026; John Ternus to Lead
Tim Cook to retire as Apple CEO in 2026 after 15 years, transitioning to executive chairman. John Ternus will assume leadership of the tech giant.
ONGC Invests ₹1 Lakh Crore in Deepwater Exploration
ONGC commits ₹1 lakh crore over 5 years to deepwater exploration under ‘Samudra Manthan’, aiming to boost output and reduce India’s import reliance.
NSE Closing Auction Sees Record Rs 39,718 Crore Turnover
National Stock Exchange’s Closing Auction Session recorded Rs 39,718 crore turnover on Monday, driven by the MSCI August 2026 Index Review, marking a significant surge in market activity.
Blackstone’s Knowledge Realty OFS Subscribed 1.4x on Day 1
Blackstone’s Offer for Sale in Knowledge Realty Trust saw a strong 1.4x subscription on day one, driven by significant non-retail investor demand.
Deepa Jewellers Raises ₹138 Cr from Anchor Investors Ahead of IPO
Deepa Jewellers secures ₹138 crore from 14 anchor investors at ₹177/share, ahead of its ₹460 crore IPO opening September 1. Strong institutional confidence shown.
India’s Business Boom: Funding, Finance Hub & New Funds
India’s business sector thrives with Jagdish Farshan securing ₹43.5 Cr, Maharashtra planning a massive finance hub in Nagpur, and UTI MF launching new passive funds.
ONGC to Launch Oil Trading Unit by Dec 2026; Eyes Dubai/Singapore
ONGC plans to launch its oil trading unit by December 2026, considering Dubai or Singapore for strategic global expansion. Deepwater exploration also intensifies.
E2E Networks Secures Rs 1,000 Crore NVIDIA GPU Deal
E2E Networks inks Rs 1,000 crore deal to supply NVIDIA Blackwell GPUs to an Indian AI firm until June 2029, boosting high-performance computing infrastructure.
LEAP India’s Q1 FY27 Profit Jumps 30% Post-IPO
LEAP India reports a 30% surge in Q1 FY27 net profit to ₹24.7 crore, driven by strong revenue growth and margin expansion post-IPO. Explore financial highlights.
India’s GDP Growth: Congress Calls 7.8% Figure ‘Distorted’
Congress criticizes India’s 7.8% Q1 FY27 GDP growth, calling it ‘Greatly Distorted’ due to high unemployment and low investment, contrasting PM Modi’s claims.
India Industrial Credit Surges 20% in July 2026
India’s industrial bank credit soared 20% YoY in July 2026, fueled by broad sector growth. Services and agriculture also saw significant acceleration.