35 C 
Ather Energy introduces Konarc electric scooter starting at Rs 99,999
Ather Energy introduced Konarc, its new electric scooter aimed at expanding the company's presence in the mass-market electric two-wheeler segment.
Max Estates acquires 84.71-acre land parcel in Delhi
With gross development value of Rs 10,000-12,000 cr
Bengaluru (Karnataka) [India], August 29: As India's fashion, beauty and lifestyle ecosystem is witnessing increasing adoption of personalised shopping, creator-led commerce and instant gratification, Myntra is playing a key role in strengthening the future of e-commerce with its cutting-edge tech-led innovations in these aspects. At its flagship brand conclave, Myntra Tech Threads 2026, themed 'Where Velocity Meets Voice,' the company showcased an expansive suite of pioneering AI-led innovations, tech-enabled hyperlocal delivery infrastructure and social commerce features designed to enhance how consumers discover style and how brands scale.
Tata Sons gets RoC nod to hold AGM by December-end
A quorum dispute involving a key shareholder has delayed crucial corporate decisions, prompting Tata Sons to seek additional time for compliance
Aayush Wellness launches Lung Care Tablets
Aayush Wellness announced the launch of its Lung Care Tablets, marking a significant expansion of its prevention led healthcare vision. Building on the proposition of Aayush Herbal Masala, developed around the health concerns associated with smokeless-tobacco consumption, the Company is now extending its focus to respiratory wellness, addressing the growing health challenges associated with smoking, air pollution and environmental exposure.
Under the proposed system, a 1% registration fee may be charged on such agreements. The government believes the move could help reduce disputes over the division of property and ownership rights.
Mia by Tanishq And Zepto Bring an Unexpected Rakhi Surprise to Doorsteps Across Mumbai And Delhi NCR
Mumbai (Maharashtra)/ New Delhi [India], August 29: This Rakshabandhan, Mia by Tanishq gave brothers an unexpected reminder to make their sister's day a little more special. In a first-of-its-kind collaboration, Mia by Tanishq partnered with Zepto to bring its Make Your Sister Cry campaign into an everyday moment for consumers across Mumbai and Delhi NCR.
Ashoka Buildcon bags Rs 602-cr order from RVNL
Ashoka Buildcon announced that it has secured a Rs 602.16-crore order from Rail Vikas Nigam (RVNL) for electro-mechanical works for tunnels under the Rishikesh-Karnprayag rail project in Uttarakhand.
Will Dalal Street see record Rs 70,000 crore IPOs in September? Jio and NSE buzz raises stakes
India
Max Estates buys 85-acre land in Delhi, eyes 10,000-12,000 cr revenue
Realty firm Max Estates Ltd has acquired 84.71 acre land in West Delhi from promoters' land holding entities, in a share-swap deal worth Rs 420 crore, as part of its expansion plan. The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site. With this acquisition, Max Estates said it has entered into Delhi's housing market. It is already doing residential projects in Gurugram and Noida markets of Delhi-NCR. In a regulatory filing on Saturday, the company said it has entered into a share purchase agreement to acquire 100 per cent stakes in nine promoter-owned land-holding companies, which together own 84.71 acre land parcel. The acquisition is structured as non-cash share swap transaction. Max Estates will pay consideration through the issue of equity shares. As per the deal, Max Estates will allot about 70 lakh equity shares at an issue price of Rs 597.50 per share, aggregating
Meta India head Sandhya Devanathan to join OpenAI in regional role
Devanathan will be based in Singapore and oversee consumer growth, enterprise adoption, partnerships, regulatory engagement and operations across Southeast Asia and Australia
Ola Electric receives PLI-auto incentive, of 95.81 cr, from govt for third straight year
Ola previously secured a sanction of 73.74 crore for the financial year 2023-24, followed by 366.78 crore for the financial year 2024-25
Coal India says gasification scheme rules may favour private sector players
CIL has flagged the 60-day bidding window and exclusion of captive power plants from eligible project costs, saying the rules could disadvantage it against private rivals
IPO fever grips D-Street: 3 issues to open for subscription; 8 new listings lined up for next week
India
Concurrent Gainers: 13 smallcap stocks that gain for 5 days in a row, surge up to 45%
Thirteen BSE SmallCap stocks advanced for five straight trading sessions through August 28, delivering cumulative gains of up to 45% despite a broader market decline during the period.
Reliance Group rejects Subhash Chandra's allegations against media entities
The Reliance Group on Friday, 28 August 2026, rejected allegations made by Essel Group chairman Subhash Chandra against media entities associated with the group, describing his remarks as baseless.
Bajaj Finance, L&T Finance poised to benefit as NBFC earnings recovery broadens: Siddhartha Khemka
India
BSE, Hindustan Zinc among 5 stocks with revenue growth of up to 64% in 1 year. Check details
B SE, Muthoot Finance and Hindustan Zinc led five stocks with the highest revenue growth over the past year, alongside strong profit growth and five-star Value Research ratings.
Sam Altman vs Elon Musk: Why OpenAI ended partnership with Cursor after SpaceX acquisition Explained
OpenAI will end its partnership with Cursor due to trust issues following SpaceX's acquisition. This decision will affect developers relying on OpenAI models, with access to be withdrawn by 12 November 2026.
Maharashtra FDA cancels Ciplas Pune unit licence; company contests order
The drugmaker said the order does not allege concerns over product safety, quality or efficacy, or indicate any patient safety issue
Tech leads D-Street bound, FPI play in focus
On Friday, Indian equities bounced back, driven predominantly by a surge in technology stocks. Investors showed renewed interest in undervalued IT shares, aided by a decline in crude oil prices. After a prolonged period of selling, foreign investors reversed their trend, becoming net buyers in July and August. Broader market indices also benefited from this trend, as mid and small-cap stocks appreciated.
Jio Platform gets Sebi's nod for Rs 37,000 crore IPO
Jio Platforms has gained Sebi's green light for its anticipated initial public offering, which is projected to garner between $3.5 and $4 billion. This marks Reliance Industries' first IPO in almost 20 years. The firm intends to issue new equity shares, albeit only representing a minor equity stake. A portion of the raised funds will help in offsetting loans for Reliance Jio Infocomm.
IndiGo invests in Sarvam AI to boost AI-driven operations and passenger experience
IndiGo Ventures invested in Sarvam AI as part of the full-stack sovereign artificial intelligence company's Series B round of funding.
Retail shareholder counts fell sharply in several widely held stocks during Q1FY27. Suzlon Energy, Tata Motors, Yes Bank and Adani Green Energy were among the biggest decliners.
RIL says Jio Platforms receives SEBI observation letter for proposed IPO
Jio Platforms, a subsidiary of Reliance Industries, has received an observation letter from the Securities and Exchange Board of India (SEBI) for its Draft Red Herring Prospectus (DRHP) for the proposed initial public offering (IPO).
Infosys Public Services CEO Lax Gopisetty unreachable after devastating Nepal floods
Infosys confirmed its executive Lax Gopisetty is unreachable after visiting Nepal. The company is working with agencies to establish contact and ensure his safety. Devastating floods have impacted Nepal, leaving many Indians missing or stranded. India stands ready to provide assistance to Kathmandu in managing the crisis. The Ministry of External Affairs reported stranded Indian nationals have crossed into Nepal.
29K rent in Noida: Woman shows her semi-furnished flat with swimming pool, gym and other amenities
In Noida, a local resident listed her semi-furnished apartment for rent at 29,000 per month, igniting spirited discussions online about rental pricing and value. Including essential kitchen appliances, the property also boasts community features like a gym, swimming pool, and parking. This prompted users to weigh in on whether this cost signified luxury living or necessitated sacrifices in lifestyle choices.
India's bullet train project, linking Ahmedabad and Mumbai, is set to launch soon after nearly ten years since its announcement. Learn more about features, cost, design and other details of made-in-India first high-speed rail project.
Aster DM Quality Care subsidiary buys 14.21% stake in STS Holdings for $44.11 million
The acquisition follows a merger framework agreement signed in November 2024 and received approval from the NCLT Hyderabad bench in June 2026
Tata Sons gets 3-month AGM extension relief after quorum issue
Tata Sons received a three-month extension for its annual general meeting. The meeting was deferred due to restrictions on the Sir Ratan Tata Trust. This prevented a quorum, impacting the company's governance. The extension protects minority shareholders' interests during this period. An AGM can be held sooner if trust restrictions are lifted.
Johns Hopkins research from 2000 and 2006 represents an important scientific progression in the search for ways to repair damaged nervous systems. The original experiment involving 18 paralyzed rodents provided evidence that neural stem cells could migrate toward spinal-cord injury and coincide with functional improvement.
Bankers question role of RP in the Subhash Chandra case and how net worth was computed
Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile cases.
Newsom Blocked on Push to Shield Utilities From Fire Liabilities
California Governor Gavin Newsoms push to shield publicly traded utilities from some wildfire liabilities has been blocked by state lawmakers, according to people familiar with the negotiations.
In 1905, an engineering blunder redirected the Colorado River into a desert basin, unintentionally giving rise to California's Salton Sea. Initially, this man-made lake flourished as a vibrant resort destination, attracting countless visitors. However, over time, rising salinity and dwindling water levels have altered its appeal. Despite these challenges, the Salton Sea continues to serve as a crucial habitat for migratory birds along the Pacific Flyway.
'We got the job done': US forces clear Iranian sea mines from strait of Hormuz; shipping reopens
BRICS set to adopt framework for supply-chain cooperation
India will chair the BRICS Summit, focusing on development and innovation. The summit will address resilient supply chains and promote trade in national currencies. Global institutional reforms and BRICS Bank projects will also be discussed. Unilateral sanctions against member countries are expected to receive attention. Leaders from eleven BRICS and ten partner countries will attend the event.
Bodies of four Nagas, killed in Manipur ambush, retrieved
Bodies of four Naga civilians killed in Manipur's Kangpokpi district were retrieved on Friday. Armed assailants attacked a vehicle on Thursday, killing four and injuring two others. Security forces faced disruptions but later reached the site to retrieve the bodies. Chief Minister Y Khemchand Singh directed immediate action against those responsible for the attack. The United Naga Council accused two militant outfits of involvement in the ambush.
Hazardous substances near Shattuck Chemical Company prompted a settlement for restoration projects. Funds supported habitat improvements along Colorado's South Platte River and Eastern Plains. Restoration projects enhanced wetland and riparian areas for migratory birds. Denver's Overland Pond Park also saw habitat and riverbank improvements.
Signboard row: Mamata Banerjee seeks release of 13 arrested
Former Chief Minister Mamata Banerjee demanded the immediate release of thirteen arrested Trinamool workers. The arrests followed a ruckus during the dismantling of an alleged illegal signboard. She questioned the police's actions and the use of a gas cutter at the site. Banerjee asserted that the Trinamool Congress would soon return to power. She also criticized the BJP government and the state police for their actions.
Infosys says public services CEO unreachable after deadly Nepal flood
Lax Gopisetty was visiting the region in his personal capacity; Infosys says it is working with relevant agencies to gather information and establish contact
During World War I, a clandestine German telegram sparked a controversial proposal for Mexico to launch an attack on the United States. British intelligence successfully intercepted and decoded this crucial message, revealing offers to regain lost territories. The confirmation of the telegram's authenticity by Germany swayed public opinion in America dramatically, alongside escalating submarine warfare, ultimately leading the United States to declare war against Germany in April 1917.
Blackstone to sell $1.25 billion stake in India's Knowledge Realty Trust
The investor will sell up to 11.1 million units representing 25.03% stake on Aug. 31 for non-retail investors and Sept. 1 for retail investors, according to a filing.
Jio Platforms gets SEBI nod for biggest IPO listing of around 37,700 crore
Debt repayment, strong cash flows underpin investor optimism around Jio IPO
Hero MotoCorp buys Rs 1,758 crore Ather Energy stake in block deal
Hero MotoCorp acquired 1.18 crore shares of Ather Energy for Rs 1,758 crore. This purchase significantly deepened Hero MotoCorp's existing holding in the electric two-wheeler maker. The Government of Singapore was the seller in this substantial block deal transaction. Hero MotoCorp's stake in Ather Energy now stands at approximately 32.8 percent. This move strengthens Hero MotoCorp's position in India's growing electric mobility market.
Jackson Hole: Will Kevin Warsh's inflation warning put Nifty under pressure on Monday?
Nifty faces potential pressure on Monday following US Fed Chairman Kevin Warsh's hawkish inflation comments at Jackson Hole. Elevated US bond yields, a stronger dollar, and rising crude oil prices threaten foreign institutional flows, while technical analysts highlight 24,200 as a key resistance level for the Indian stock market.
Purple Style Labs collects 306 cr from anchor investors; IPO opens Aug 31
Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised Rs 306 crore from anchor investors ahead of its Rs 680-crore initial public offering (IPO), which will open for subscription on August 31. The company has allotted 53.22 lakh equity shares to 10 anchor investors at Rs 575 per share, according to a circular uploaded on BSE's website. Some of the investors participating in the anchor book include ICICI Prudential Mutual Fund, Jupiter India Fund, Aditya Birla Sun Life Insurance Company Ltd, ITI Mutual Fund, Singularity Equity Fund I, Integrated Core Strategies (Asia) Pte Ltd, Morgan Stanley Asia (Singapore) Pte and BoFA Securities Europe SA ODI. The IPO will open on August 31 and close on September 2. The IPO comprises a fresh issue of equity shares aggregating up to Rs 680 crore, with no offer-for-sale component. The price band for the issue has been fixed at Rs 546-575 per share. At the upper end of the price band, the issue values Purple Style Lab
ANHVL to invest 2,200 crore to expand bed capacity to 2,500 in 4-5 years
Ambuja Neotia Healthcare Venture Ltd (ANHVL) has earmarked an investment of around Rs 2,200 crore to expand its footprint across eastern India over the next four to five years, a top company official said on Friday. It will add close to 1,800 beds to take the total capacity to 2,500 beds, Managing Director Parthiv Neotia said. As part of the expansion, the healthcare arm of the Ambuja Neotia Group announced an investment of around Rs 150 crore to set up a 120-bed woman and child care facility in Howrah under its flagship Neotia Bhagirathi Woman and Child Care Centre network, which is expected to become operational by April 2029. Our existing four healthcare facilities have 700 beds, and we identified Howrah as a key growth corridor with a growing need for specialised women and child healthcare services, Neotia said. He said the new centre aims to bring advanced clinical expertise and comprehensive maternal, neonatal, and paediatric care closer to local families, reducing the need
Reliance Group rejects Subhash Chandras remarks as 'baseless'
Reliance Group has rejected Essel Group chairman Subhash Chandra's claims as baseless. Chandra disputes a Rs 3,900 crore claim before the National Company Law Tribunal. He stated his group borrowed Rs 45,000 crore and repaid most of it. Reliance expressed dismay over Chandra's remarks about their media businesses. The group holds Chandra in high regard as a businessman and entrepreneur.
Sebi bars Trafiksol ITS, promoters for 1 year for misleading IPO disclosures
Sebi has banned Trafiksol and its promoters from the securities market for one year. Monetary penalties were also imposed on the company and its two promoters. The regulator found misleading financial disclosures and inflated revenue figures in the company's IPO documents. Sebi also noted concealment of material facts and submission of false information regarding Oasis Corpcare. The IPO was unwound after Sebi directed Trafiksol to refund investors and cancel shares.
Fitch Ratings upgrades RILs Long-Term Local-Currency Issuer Default Rating to A-
Fitch affirms RILs Long-Term Foreign-Currency IDR at BBB, which is one notch above Indias Country Ceiling of BBB-,with a Stable Outlook
Rakhi gifting gets premium, personal as smaller towns drive festive commerce
Tier 3 and Tier 4 markets record the fastest growth. Dadri in Uttar Pradesh leads with around 105% y-o-y growth, followed by Nabarangapur in Odisha, Kasganj, Dhamtari and Nainpur in Madhya Pradesh
Purple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on Monday, August 31. This luxury fashion platform operates under Pernia's Pop-Up Shop, offering curated designer products. It sources items from 1,109 active designer brands, focusing on wedding and occasion wear. Purple Style Labs utilizes an omni-channel model with 14 global experience centers.
Board of Cupid accords in-principle approval for establishing manufacturing JV in South Africa
On 28 August 2026
Prestige launches new residential project 'Palm Court' in North Chennai
With estimated gross development value of Rs 1330 cr
Aditya Birla Capital allots 1.41 lakh equity shares under ESOP
Consequent to the above allotment, the paid-up equity share capital of the company will increase from Rs 27,37,37,02,690 (i.e. 2,73,73,70,269 equity shares of face value of Rs 10/- each) to Rs 27,37,51,21,170 (i.e. 2,73,75,12,117 equity shares of face value of Rs 10/- each).
Quote of the Day by Burt Lancaster: Burt Lancasters quote, I judge a restaurant by the bread and by the coffee, explores the importance of quality, simplicity, and attention to detail when experiencing food and hospitality. The quote suggests that a restaurants true standard can often be recognized through its simplest offerings rather than only its expensive or elaborate dishes. Good bread and well-prepared coffee can reveal the care, consistency, and quality that go into the overall dining experience.
India, China to work out modalities to implement 8-point border pact
India and China will implement an eight-point consensus from recent Special Representatives talks. Both nations will now determine how to operationalize the agreed agenda points. Discussions focused on maintaining peace and creating conditions for stable bilateral relations. Expert groups will advance discussions on boundary delimitation and border management. Future meetings and hotline channels were also agreed upon for better communication.
Computer Age Management Services allots 1.41 lakh equity shares under ESOP
Bihar braces for floods as Nepal rains push rivers above danger mark
Bihar faces significant flood threats as river water levels continue to rise. Heavy rainfall and flash floods in Nepal have caused major rivers to swell. Authorities have opened barrage gates and are monitoring river embankments closely. People are being moved from low-lying areas to safer locations. Disaster response teams are on standby for any emergency situations.
Tornado weather tears through Capital Region, toppling trees and shutting down county fair
A powerful storm swept through New York's Capital Region on Thursday. Downed trees and scattered debris caused significant disruptions in several communities. The Washington County Fair closed early for safety due to the severe weather. Power outages created traffic problems and darkened intersections in Wilton. Rensselaer County also continued recovering from earlier storm damage.
Aurobindo Pharma's Unit-VI completes USFDA inspection
New Delhi [India], August 28: Satin Growth Alternatives Limited (SGAL), the youngest subsidiary of Satin Creditcare Network Limited (SCNL), is pleased to announce the First Close of its women-led Category II Alternative Investment Fund, achieved within four and a half months of receiving its SEBI registration. This milestone reflects the strong momentum behind SGAL's differentiated investment thesis, built on SATIN's 35-year legacy and its continued commitment to advancing impact, empowerment, and inclusion.
Reliance Jio Infocomm standalone net profit rises 6.79% in the June 2026 quarter
Sales rise 10.78% to Rs 34212.00 crore
Annu Projects IPO subscribed 2.93 times
The offer received bids for 5.18 crore shares as against 1.76 crore shares on offer.
Currency in circulation shows accelerating trend, up 12.4% on year
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India could hit $5.1 trillion by FY29, says OmniScience Capital
The investment firm projects nominal GDP growth of 8% annually in US dollar terms, assuming 6.5% real growth, 4% inflation and 2.5% rupee depreciation per year
Suzlon targets Europe's wind boom with high capacity turbines
Suzlon said Europe is entering a key repowering phase, creating demand for higher-capacity, site-specific turbines
PM Modi celebrates Raksha Bandhan at residence 7 LKM; shares 'high fives, smiles'
Laurus Labs among 5 stocks hitting 52-week highs; surge up to 20% in a month
Six BSE 200 stocks hit fresh 52-week highs on Friday as the Sensex gained 331 points. Coforge, GSK Pharma, Glenmark Pharma, Laurus Labs, Oracle Financial Services Software and Piramal Finance showed strong momentum, with several posting double-digit monthly gains.
PM Jan Dhan Yojana has had unparalleled impact, transformative outcomes: PM Modi
The Pradhan Mantri Jan Dhan Yojana has achieved unparalleled impact and transformative outcomes. This initiative has significantly reshaped India's financial landscape and global financial inclusion efforts. Millions of unbanked adults now have access to basic banking services and digital transaction tools. Women's participation in the financial system has increased substantially through these accounts. Rural and semi-urban areas are now better served by this extensive banking network.
Sensex, Nifty snap two-day losing streak; IT stocks surge, breadth positive
Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment.
Quick Wrap: Nifty IT Index rises 3.51%
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As far away as possible: Why Norways new King Haakon once fled royal life for California
Norway's new King Haakon VIII ascended the throne after his father's death. He once sought distance from royal life and its constant public attention. Haakon found freedom and a sense of self while living in California. His marriage to Mette-Marit brought him closer to public engagement. The new king now faces family scrutiny and institutional challenges.
Airtel gains 26.8 lakh mobile users in July, Jio's wireless net adds at 24.4 lakh
During July 2026, the Indian wireless market expanded by 55.38 lakh mobile subscribers; its base surged to 128.79 crore by the end of July, up from 128.23 crore from the previous month
Norway mourns the passing of King Harald V at age 89, a monarch who reshaped royal traditions over his remarkable 30-year reign. His commitment to modernizing the monarchy is reflected in his choice to wed commoner Queen Sonja, illustrating a shift towards greater inclusivity. As Crown Prince Haakon ascends the throne as King Haakon VIII, King Harald's profound legacy of love and duty will continue to resonate.
Chandra NCLT order: Subhash Chandra has disputed the 3,900-crore NCLT claim against him, saying his group has repaid around 43,000 crore of its 45,000-crore debt. He also questioned claims filed by lenders over personal guarantees.
ITAT rejects tax departments FTS, royalty claims on Spencer Stuarts executive search fees
The income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services under the tax treaty. The tribunal deleted a tax addition related to expense reimbursements. A separate dispute concerning management fees was sent back for fresh examination.
Chinese stocks end lower as US-China tensions weigh on sentiment
The Shanghai Composite fell 0.11% to 3,952.2, while the Shenzhen Component dropped 0.68% to 13,953.1. Concerns grew after US President Donald Trump indicated that Chinese banks could face sanctions. Reports of a possible 7.5% US tariff on Chinese goods also added to the pressure.
Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering
Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become Indias largest IPO. The company plans to use Rs 27,500 crore of proceeds to repay borrowings of Reliance Jio Infocomm.
BYD reports 20.5% drop in first-half profit
Net profit totalls 12.3 billion yuan ($1.83 billion) for the January to June period
DRI conducts search at plant owned by Waaree Energies arm
The search relates to the classification of certain stainless-steel pipes and tubes imported under the EPCG scheme and the applicability of dumping duty on them
Subhash Chandra speaks out on NCLT allegations, airs plans to go to Switzerland
Chandra argues that the company has already repaid about 43,000 crore of the 45,000 crore total outstanding with the remaining amount pending due to complications in the asset liabilities of other companies
Indian equities rebounded on Friday, ending a two-session losing streak as heavyweight IT stocks led gains. Nifty rose 0.35% to 24,175.65, while Sensex gained 0.43% to 77,264.51. Analysts expect consolidation amid mixed global cues and geopolitical uncertainty.
Nifty September futures trade at a premium
India VIX dropped 3.70% to 10.66
KP Green Engineering bags new orders worth 258 cr
The new orders worth 258.02 crore include solar projects 114.53 crore, crash barriers 92.38 crore, pre-engineered buildings 33.76 crore, transmission towers 15.42 crore, poles and highmast 0.97 crore and isolator 0.96 crore
ABD Maestro eyes 200 crore revenue next FY as premiumisation bets pay off
The company has built a portfolio of eight to nine brands across whisky, gin, vodka and rum, spanning Indian and international categories; bollywood actor Ranveer Singh is a co-founder and creative partner
ACME Solar Holdings secures SECI contract for 300 MW capacity
A tariff of 6 per kWh has been finalised for the entire PPA
Motilal Oswal says several headwinds facing Indian equities are easing, supported by stronger earnings, positive FII flows and domestic demand. It remains Neutral on equities but Overweight on mid- and small-caps, while preferring gold over silver and accrual-focused fixed-income strategies.
Indices snap 2-day losses; IT shares rally
Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook.
