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Roman will conduct one of the most comprehensive searches ever for exoplanets. It is expected to discover thousands of new ones and provide the first statistical census of planetary systems similar to our own. The telescope is named after Nancy Grace Roman, NASA's first chief astronomer. Roman died in 2018 at age 93.
Demonstrably meritless: Obama-appointed judge rejects Maxwells bid to escape 20-year sentence
Intuits annual forecast falls short of estimates as it prioritizes customer growth
INTUIT-RESULTS/ (PIX):Intuit's annual forecast falls short of estimates as it prioritizes customer growth
In 1958, US Air Force launched an Able 1 spacecraft to the Moon in humanitys first attempt to send a spaceship anywhere beyond Earth orbit. The spacecraft was designed to enter lunar orbit, but its Thor rocket exploded 73.6 seconds after launch. The mission later became known as Pioneer 0 and became the start of the Pioneer mission series.
Japanese financial institutions flag currency fluctuations
Japanese financial institutions noted currency fluctuations and policy issues affecting investment decisions. They expressed confidence in India's long-term growth prospects and discussed boosting capital flow. Firms stressed simplifying profit repatriation and improving market access for investors. Greater regulatory predictability was also highlighted as important for long-term commitment. Discussions occurred during Commerce and Industry Minister Piyush Goyal's visit.
Quote of the day by Clint Eastwood: Clint Eastwood, a celebrated filmmaker, shares insights on aging and doubt. He believes experience helps manage uncertainty without letting it control decisions. His career reflects this decisive approach, favoring authenticity in filmmaking. Eastwood's enduring legacy spans over seven decades in Hollywood. He continues his work as a director and producer.
Khijadiya Bird Sanctuary emerges Black-Necked Stork's key breeding site
Khijadiya Bird Sanctuary is a key breeding site for the black-necked stork. Researchers confirmed four active nests, each producing two fledglings successfully. The sanctuary supported a peak seasonal population of twenty-one birds during the study. Nests were built on invasive gando baval trees at moderate heights. This study provides detailed breeding ecology information for the species.
Maharashtra govt ends 30 year age bar for Tribal students in hostels
The Maharashtra government has removed the age limit for tribal students' hostel admissions. This decision followed a hunger strike and a letter from Rahul Gandhi. Tribal students had been protesting the imposed age restriction for twelve days. While the age limit is gone, other demands remain unmet by the government. Students continue their hunger strike seeking increased allowances and insurance for all.
Bihar Industrial Investment Promotion Policy 2025 is the finest in the country: Shreyasi Singh
Bihar's industries minister Shreyasi Singh is working to change the state's negative perception. She detailed policies designed to attract businesses and create jobs. The minister highlighted swift land allotment and production startup times. Singh also spoke about her father's lasting influence and inspiration. She aims to build respect and trust through her public service.
Dolly Parton, the cherished 80-year-old country music legend, has sadly left us. Her extraordinary journey from humble beginnings to becoming a star captivated countless hearts. Known for her wisdom, Parton once said that true leadership lies in energizing others. Through her impactful Imagination Library, she gifted free books to children, solidifying her legacy in music, business, and motivation for many.
Scrap Census format, include detailed list of castes: Congress
Opposition leaders Mallikarjun Kharge and Rahul Gandhi urged Prime Minister Narendra Modi to withdraw the current census questionnaire. They contend the open-ended caste question will yield inaccurate data, especially for OBCs. The leaders proposed a new questionnaire with a drop-down list of castes based on government lists. They also suggested considering questionnaires from Bihar and Telangana caste surveys. Accurate data is essential for effective social justice policies in India.
CIA Director John Ratcliffe on secret Moscow visit: Reports
As per the report in Russian official media outlet, the aircraft, which originated from the Andrews Air Force Base near Washington DC, touched down in the Russian capital at approximately 10 am Moscow time (07:00 GMT). According to available flight tracking data, the heavy-lift transport plane followed a multi-stop route before entering Russian airspace. It had a prior stop at the Charleston International Airport/Air Force Base and then at Riga in Latvia, before continuing its journey toward the Russian border.
In 1969, Apollo 11 astronauts, Neil Armstrong, Buzz Aldrin and Michael Collins, headed to the Moon without traditional life insurance. NASA did not provide life insurance to its employees at the time, while private policies were costly. The astronauts instead signed hundreds of autographed envelopes before launch, giving their families a possible source of money if the mission ended in tragedy.
Japanese Mindset: Hansei, a traditional Japanese practice, emphasizes the importance of genuine self-reflection in the wake of mistakes. By embracing this mindset, individuals can glean valuable lessons from their missteps, leading to enhanced decision-making in the future. It centers on identifying the causes of errors and exploring ways to instigate positive changes. Ultimately, Hansei promotes ongoing personal development while minimizing harsh self-judgment.
Pellet gun row rocks Home Affairs panel, sparks BJP-Congress war of words
Opposition MPs demanded discussion on NEET-UG protesters' alleged pellet gun use and police action. BJP refused to suspend the listed business, leading to sharp exchanges. The confrontation escalated to include remarks about the 1984 anti-Sikh riots. The chairman declined the request, citing judicial scrutiny of the matter. The committee then resumed its scheduled business on crime against children.
'The key is China and': Hillary Clinton gives Trump a way out of ongoing Iran war
ET WLF 2026: GIFT City eyes reforms to bring offshore biz home
GIFT City is shifting its focus to bring India-related cross-border financial business home. The regulator aims to address product, expertise, and regulation gaps that drive business overseas. GIFT City seeks to become a landing point for both inbound and outbound investment activities. Indian institutions are urged to assess shifting current overseas business to GIFT. This strategic pivot aims to bolster India's financial capabilities and economic growth.
Quote of the day by P. G. Wodehouse offers a simple lesson about happiness. His words remind us to take life as it comes, especially when plans go wrong. The beloved British humorist believed that resilience, optimism and a little humor can change how we face difficult days. Heres what his timeless quote can teach us about living better.
Sun Life sees long-term growth with Birla Group: CEO Kevin Strain
Sun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment opportunities within the Indian market. Artificial intelligence will transform service delivery and enhance client understanding. Customer preferences are evolving towards integrated financial planning solutions. Sun Life aims to contribute to India's goal of universal insurance coverage.
Sun Life sees long-term growth with Birla Group: CEO Kevin Strain
Sun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment opportunities within the Indian market. Artificial intelligence will transform service delivery and enhance client understanding. Customer preferences are evolving towards integrated financial planning solutions. Sun Life aims to contribute to India's goal of universal insurance coverage.
Dolly Parton, a legendary entertainer, passed away at eighty years old. Her career spanned nearly six decades, building an extraordinary legacy. Parton's wealth came from music, business ventures, and her stake in Dollywood. She launched the Imagination Library, a global literacy program for children. Her story highlights a transformation from poverty to a philanthropic icon.
A Florida workshop now uses robotic systems for 3D printing large composite boat hulls. This innovative process eliminates expensive traditional molds and speeds up production significantly. The company's facility houses eight industrial robotic systems capable of printing structures up to 40 meters.
India's Two-Year Time Correction: Why the Next Leg of the Market Could Be Different
New Delhi [India], August 25: There was no crash. That, more than anything, is why this market gets so little credit for what it has come through. For the better part of two years the Nifty simply moved sideways, and it is easy to forget that Indian shares spent that time absorbing one blow after another, with almost every major economic factor turning against them at the same time. They did not break. And in the last few weeks, quietly, they have started to move: the index has pushed through 24,500 and is now consolidating in the 24,600-24,800 area.
Dolly Parton death: What happened to queen of country music? Check family's full statement here
Country music icon Dolly Parton has passed away at the age of eighty. Her nephew Brian Seaver announced her death, sharing family memories. Dolly Parton opened doors for many artists and inspired generations worldwide. She lived a life of light and is now in heaven. Her legacy will be diligently preserved by her family and team.
Second half of year to ring in new jobs, say HR leaders
Most senior HR leaders expect new job creation in the second half of 2026. Nearly all anticipate continued hiring activity over the next six months. Real estate and FMCG sectors show strong optimism for fresh roles. Business development and marketing roles will see maximum recruitment.
Elon Musks space company to build new rocket launching site in Louisiana
Elon Musk's space company to build new rocket launching site in Louisiana
Franklins Araghi Says Nvidia Holders Want Map, Not Just a Beat
Franklin Templetons Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans.
Quote of the day by George Michael: George Michael once reflected on how the impact of artistic work can continue to resonate long after it is created. Truly meaningful work connects with people in ways that can extend far beyond its original moment, creating a legacy that outlasts fame and recognition. By focusing on purpose rather than fleeting acclaim, artists can create work with lasting value and leave a meaningful mark on society.
Supreme Court tells Tarun Tejpal to surrender within two weeks
The Supreme Court has ordered Tarun Tejpal to surrender within two weeks. His appeal against conviction will be heard after he files a surrender certificate. The court granted Tejpal two weeks to complete this surrender process. The Goa government argued Tejpal should have surrendered before filing his appeal. The case is now scheduled for hearing on September 22.
British Virgin Islands seeks dedicated India investment corridor
The British Virgin Islands (BVI) is seeking to deepen its role in Indias cross-border investment ecosystem by proposing a dedicated BVI-India investment corridor as Indian companies expand overseas and global investors seek access to India.
Italian Proverb of the Day: Having done thirty, one might as well do thirty-one encourages people to complete an effort once they have already come most of the way. The Italian proverb highlights perseverance, practicality and the value of taking one final step when substantial time, energy or resources have already been invested in reaching a particular goal.
Carlisle Investors to approach PMO over alleged HDFC Bank mis-selling
Investors are planning to write to the Prime Minister's Office this week. They allege mis-selling and substantial losses from a Carlisle product. The group also intends to approach the Reserve Bank of India. They are exploring legal action against HDFC Bank for alleged client-suitability lapses.
India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the way
healthy demand Industry card additions rise 11.5% over June; Card spends hold above 2 lakh-crore mark; Transaction volumes surge but the value per transaction declines
Regional rural banks told to speed up tech adoption
Regional rural banks are urged to accelerate modern technology adoption and digital services. Their net profit reached an all-time high of 10,176 crore in FY26. Sponsor banks must handhold RRBs in strengthening their IT infrastructure. The total business of all 28 RRBs has now crossed 13.5 lakh crore.
EAC moots consolidation to create a few large banks
India needs to consolidate banks into a few large entities. This consolidation aims to meet rising credit needs for Viksit Bharat by 2047. Banks will increasingly focus on data-driven customer experiences and AI automation. The banking sector has seen significant positive changes since 2014. Future agendas include mobilizing stable deposits and deepening productive lending.
Ribbit Capital looks to sell shares worth up to 1,914 crore in Groww
Funds managed by Ribbit will sell up to 98.2 million shares, or about 1.6% of Growws existing total shares outstanding, at a floor price of 195 a share.
Regional Rural Banks (RRBs) reported a record consolidated net profit of 10,176 crore in FY26, up from 6,820 crore a year earlier, while their total business crossed 13.5 lakh crore, the Finance Ministry said.
No new strain of H1N1 identified, current surge part of seasonal influenza pattern: ICMR DG
The ICMR director general stated H1N1 infections are seasonal and not a new strain. Most cases are mild and self-limiting, requiring no widespread panic. Current circulating viruses align with seasonal patterns observed in recent years. Individuals at higher risk should exercise caution and seek medical advice. Routine hygiene and avoiding unnecessary medication are advised for public protection.
Justin Trudeaus younger brother Michel vanished in a 1998 avalanche in British Columbia at just 23. Despite an extensive search, his body was never found. Years later, Trudeau recalled the devastating moment in his memoir, writing, I went numb, my heart sank, and my blood ran cold.
'They're trying to tear down America!': Vance takes aim at DSA, sends big midterm warning
Pennsylvania's MMR vaccination rate fell below 95%. Now two residents have died from measles
Pennsylvania is facing its first measles fatalities in thirty-five years due to a rise in cases statewide, primarily affecting unvaccinated individuals in Lancaster County. This alarming outbreak underscores the urgent need for improved vaccination rates across the Commonwealth, as national measles cases in 2026 reach levels not seen since the early 1990s.
Psychology says people who never pick work calls after office hours or on weekends aren't avoiding responsibility. They may be setting boundaries between work and personal life. This behavior can help protect personal time, reduce work-related stress, support recovery, and maintain relationships. Psychology connects this habit with self-awareness, psychological detachment, Boundary Theory, and Conservation of Resources Theory.
A 3,000-year-old Ramesses II inscription sparks fresh mystery over Egypts lost city of Masn
New discoveries at Tell Abu Seify offer clues to the ancient city of Masn. A sandstone lintel bearing Ramesses II's titles was found at the strategic Horus Military Road. This inscription refers to a statue of Horus, the Lord of the City of Masn. Excavations revealed roads, walls, and temple chambers from various historical periods. The site evolved from a religious and military center into a quarry over centuries.
IIT Delhi forms 5-member committee to probe MSc student's death following campus protests
IIT Delhi has formed a five-member committee to investigate a student's death. The panel includes police and psychiatry experts, and two student representatives. This move follows student protests and class suspensions on campus earlier this week. The committee will review protocols and examine office functions within two weeks.
Welspun Corp promoter group, CEO to sell up to Rs 1,417 crore stake via block deal
Welspun Corps promoter group entity and CEO Vipul Mathur plan to sell up to 63 lakh shares worth Rs 1,417.5 crore through a block deal. The transaction represents 2.4% of outstanding shares and comes after a sharp stock price rally.
CNH Industrial to invest 1,000 crore to double tractor-manufacturing capacity
Eyeing 10% market share in India by 2030, says President and MD Narinder Mittal
Market Trading Guide: Adani Enterprises, DixonTechamong 4 stock recommendations for Wednesday
Indian equities gained as softer-than-expected US sanctions on Iran eased crude oil and bond yield pressures. Analysts highlighted Adani Enterprises, HDFC AMC, Hyundai Motor India and Dixon Technologies as bullish technical setups, while geopolitical risks warrant continued near-term caution.
Varun Beverages board approves entry into alcoholic beverages segment
Appoints former Diageo executive Prathmesh Mishra as MD & CEO to lead KIVA Spirits and Company, its proposed wholly owned alcoholic beverages subsidiary
HEG fixes September 7 as record date for demeger
Shareholders of HEG as on the record date will receive one fully paid-up share of face value 2 in the resulting company for every one share of face value 2 held, under a 1:1 entitlement
Hyderabad airport to charge arriving domestic, international passengers UDF for the first time
The tariff regulator is changing how operators recover infrastructure costs by splitting the charge between arriving and departing passengers.
CCI clears Cyient's proposal to acquire TAO Digital Solutions
The Competition Commission of India (CCI) on Tuesday cleared global engineering services provider Cyient's proposed acquisition of TAO Digital Solutions Inc. The approval came after Hyderabad-based Cyient Ltd, in May this year, announced that it had entered into a definitive agreement to acquire TAO Digital Solutions Inc, an AI-native data and product engineering solutions firm. The proposed combination envisages the acquisition of 100 per cent of the share capital from the existing shareholders of TAO Digital Solutions Inc (target), by Cyient Ltd (acquirer), the regulator said in a release. CCI approves the acquisition of 100 per cent of the share capital of Tao Digital Solutions Inc by Cyient Limited, the regulator said in a post on X. Cyient Ltd is engaged in providing engineering and technology services specialising in aerospace and defence, automotive, rail transportation, healthcare and life sciences, semiconductors, energy, utilities, communications, and spatial ...
Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount: Report
Air India is pursuing $1.5 billion in fresh equity from Tata Sons and Singapore Airlines to address substantial losses, following a record $2.33 billion deficit last fiscal year.
Varun Beverages enters alcohol business, appoints ex-Diageo executive
Varun Beverages is entering the alcoholic drinks market, setting up a wholly owned subsidiary and appointing former Diageo executive Prathmesh Mishra as its CEO and MD
L&Ts West Asia orderbook swells, wins 50,000 crore worth contracts in August alone
The region made up more than a third of the companys top line in FY26
IPO fund diversion: Sebi bars Varanium Cloud, promoter for 7 years from markets
Sebi has barred Varanium Cloud and promoter Harshawardhan Sabale from the securities market for seven years, citing misleading disclosures, inflated financials and diversion of IPO and rights issue funds. The regulator ordered recovery of diverted money and disgorgement of unlawful gains.
HEG demerger to take effect on September 1; record date fixed for September 7
HEG will implement its demerger from September 1, creating separate listed companies for graphite electrodes and advanced materials. September 7 is the record date, with shareholders receiving new shares in a 1:1 ratio approved under the composite scheme of arrangement.
Dr. Reddys CDMO arm Aurigene inks long-term manufacturing pact with global pharma major
The initial portfolio comprises more than 20 products across sterile injectables, biologics and topical formulations, which will be manufactured at Aurigenes facilities in India.
DS Group Marks 97th Founders' Day with 'DS-Verse', Telling its Story in the Sky
New Delhi [India], August 25: On the occasion of its 97th Founders' Day, the Dharampal Satyapal Group, (DS Group), a leading FMCG conglomerate and multi-business corporation, brought its remarkable journey to life in an entirely new way with the launch of 'DS-Verse,' an immersive experience that tells the story of the DS Group in the sky. At the heart of DS-Verse is the idea of a unique storytelling of the journey of DS Group since 1929. By scanning a QR code on the smartphones and pointing the device towards the sky, users can explore an augmented reality universe where constellations become gateways to different chapters of DS Group's journey. Each constellation opens up stories around the Founders, the Group's philosophy, key milestones, brands and businesses, as well as its CSR and sustainability initiatives and the impact created in communities.
Defence Ministry opens DRDOs conventional missile tech to private companies
businessline first reported on June 5 that 10 to 12 of DRDOs missile development projects were distributed among four private companies
NBCC bags Rs 122-cr order from Rajasthan Council of School Education
NBCC (India) announced that it has received a work order worth approximately Rs 121.74 crore from the Rajasthan Council of School Education in the ordinary course of business.
GLHRL alters object clause under Memorandum of Association
Global Longlife Hospital and Research has altered its Main Objects under Clause III A of the Memorandum of Association (MOA) by inserting additional sub-clauses to expand and clarify the scope of business activities that the Company is authorised to undertake.
Ritco Logistics arm raises capital Rs 78.26 cr
The newly raised capital of Rs 78.26 crore inside the subsidiary will be deployed to strengthen core technology infrastructure, expand high-tier product engineering and data science teams, accelerate the capabilities of TrucksUp's intelligent freight-matching engine, working capital requirements and general corporate purposes.
FedEx ramps up India investment as high-value exports take off
India is a strategic growth market for FedEx and one of the fastest-growing markets in its global network, with the countrys growing role in global trade to drive demand for time-sensitive logistics
Haldiram's plans to invest 1,000 cr in new manufacturing plant in Odisha
Balaji among firms lining up major food-processing investments in Odisha
Institutional buyers oversubscribe Hindustan Copper OFS with 4,600 cr bids
Institutional investors on Tuesday oversubscribed Hindustan Copper share sale by putting in bids worth over Rs 4,600 crore. As against the 2.61 crore shares reserved for them, institutional investors put in bids for over 8.91 crore shares, oversubscribing the issue 3.41 times. At an indicative price of Rs 520.35 per share, the bids are valued at over Rs 4,600 crore. The government is selling over 5.80 crore shares or up to 6 per cent (including 3 per cent green shoe option) stake in Hindustan Copper through a two-day Offer-for-Sale (OFS) at a floor price of Rs 514 apiece. The OFS willl open for retail buyers on Wednesday. The floor price was set at a 10.38 per cent discount over Monday's closing share price. The government has decided to exercise the entire green shoe option, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on X. On Tuesday, Hindustan Copper shares fell 7.04 per cent to Rs 533.20 apiece on BSE. The government currently
HSRP number plates maker Rosmerta targets 33% FY27 growth, eyes 3,000-crore by FY30
Gurugram-based Rosmerta Technologies is targeting revenue of 1,600 crore in FY27, up 33% from 1,200 crore in FY26, and 3,000 crore by FY30, backed by a 300-crore expansion push
Krystal Integrated Services bags Rs 17-cr work order
Krystal Integrated Services announced that it has received a work order worth Rs 17.25 crore from The Maharashtra Rajya Sahakari Sangh Maryadit, Pune, for providing manpower services across various districts of Maharashtra.
NIS Management receives SBI SME Rhodium status
NIS Management has been accorded the SME Rhodium status, being the highest status under the SBI SME Star Rating Programme, by the State Bank of India (SBI).
Oriental Rail Infrastructure wins order of Rs 1.75 cr from ICF, Chennai
The order entails the manufacturing, supply and installation of 27 sets of one coach set of seats for MEMU/DMC5/3PH, MEMU/DMC6/3PH AND MEMU/NDMC2/3PH COACHES TO DRG.NO. MEMU/DMC5/3PH
Lupin allots 30,967 equity shares under ESOP
In view of the above, the issued and paid-up share capital of the Company has increased to Rs 91,45,31,722 consisting of 45,72,65,861 equity shares of Rs 2/- each.
High-frequency indicators for India continued to reflect buoyant economic activity in July, says RBI
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Oriental Rail Infra jumps after bagging Rs 2-cr order
Oriental Rail Infrastructure surged 9.93% to Rs 132.30 after the company announced that it has secured an order worth Rs 1.75 crore from Integral Coach Factory (ICF), Chennai, Indian Railways.
Augmont Enterprises IPO subscribed 105.78 times
The offer received bids for 81.61 crore shares as against 77.15 lakh shares on offer.
INR driven higher by positive domestic markets, weaker greenback and easing oil prices
The Indian rupee pared initial losses and settled for the day higher by 24 paise at 95.46 (provisional) against the US dollar on Tuesday, driven by positive domestic markets, a weaker greenback, and a fall in crude oil prices. Local shares reversed an early slide to end modestly higher on Tuesday as U.S. Treasury yields eased from recent highs following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. The BSE Sensex closed higher by 286.98 points (0.37%) at 77,656.09, and the NSE Nifty 50 ended up 115.50 points (0.48%) at 24,334.55. Overall weakness in the US dollar on declining odds of a rate hike may support the rupee at lower levels.
Indian economy continued to display strength amid buoyant domestic demand buoyant
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American Pistachios: A Protein-Packed Rakhi Gift
New Delhi [India], August 25: This Raksha Bandhan, move beyond conventional sweets and gift your sibling something that combines indulgence with everyday nutrition. American Pistachios make for a thoughtful gifting choice, offering a delicious source of plant-based protein along with fibre and healthy fats. Whether presented as a premium pistachio hamper, snack jar, or festive gift box, they bring a wholesome touch to the celebrations.
Indian equity benchmarks ended higher on Tuesday, with the Nifty rising 0.48% and Sensex gaining 0.37%, led by Adani Enterprises, Max Healthcare and Apollo Hospitals. Broader markets were mixed, while Pharma and PSU Bank stocks outperformed. HDFC Life, Cipla and ONGC were among the top Nifty losers.
Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe option
Hindustan Coppers government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The Centre will exercise the greenshoe option, potentially raising the stake sale to 6%, with retail bidding opening August 26.
Suzlon's 10,500 crore Andhra Pradesh wind energy projects on track
The 1,325 MW wind energy projects are expected to generate 1,600 direct and indirect jobs, while Suzlon has expanded its smart blade manufacturing facility
RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISME
FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt working-capital finance for MSMEs. The industry body said revolving credit helps small businesses manage cash-flow gaps, as they can draw funds when needed, pay interest only on the amount used and restore their credit limit after repayment.
Kirloskar Brothers shares slip 1.2% as Supreme Court sends family dispute to arbitration
The stock ended at 1,899 on the NSE, down 23.40 or 1.22 per cent from Mondays close of 1,922.40
Japanese stocks recover as tech shares rebound
Investors are also looking ahead to Nvidias earnings later this week for fresh signs of demand for AI-related products. Federal Reserve Chair Kevin Warshs speech at the Jackson Hole symposium on Friday will also be closely watched for clues on the US interest-rate outlook.
Chinese stocks mixed as tech shares weigh
Investors continued to reduce their exposure to technology stocks ahead of Nvidias earnings on Wednesday, which could test confidence in the ongoing AI-driven rally. Eoptolink Technology fell 2.70% despite reporting strong growth in revenue and profit. Hua Hong Semiconductor, Zhongji Innolight and NAURA Technology also declined.
Axis Bank, Kotak Mahindra Bank, and Union Bank of India, made significant moves in the international debt markets on Monday and Tuesday
Aurobindo arm Lannetts facility in U.S. gets 4 U.S. FDA observations
Lannetts Seymour manufacturing facility has the capacity to scale production to approximately 4 billion doses annually.
Nifty September futures trade at premium
India VIX slides 3.40% to 11.13.
New Delhi [India], August 25: Croma, India's trusted omni-channel electronics retailer from the Tata Group, today launched 'Ghar Banta Hai Croma Se' celebrating its deep connection with Indian households, and the relationships, conversations, and memories that turn a house into a home.
Jefferies has picked Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital and Shriram Finance to outperform the Nifty and bank stocks, with target prices implying up to 20% upside. The brokerage expects strong earnings growth, asset-quality improvement and EPS upgrades to drive gains, despite limited scope for valuation re-rating.
Federal Bank falls 4% on report of Jana Small Finance Bank stake acquisition
Federal Bank shares fell nearly 4% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could involve buying Jana Holdings 16.9% stake followed by an open offer. Jana Holdings is seeking to sell its stake to meet bond repayment obligations by December 2026.
L&T secures BESS projects worth up to 10,000 crore in West Asia
Each of the three projects will feature a four-hour BESS system to store surplus renewable energy and dispatch it during peak demand to support grid stability
