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New Delhi [India], August 13: Apollo Athenaa, Asia's first dedicated women cancer centre by Apollo Hospitals, today announced the launch of India's first one-stop comprehensive Lymphedema Clinic, accredited by the Lymphatic Education & Research Network (LE & RN)--an internationally recognised non-profit organisation dedicated to advancing education, research and advocacy for lymphatic diseases--setting a new benchmark in the management of cancer-related lymphedema. Designed around internationally recognised standards of care, the clinic brings together specialised surgeons, lymphedema therapists, nurses, dermatologists and rehabilitation experts under a single multidisciplinary programme, offering comprehensive care spanning prevention, early diagnosis, advanced microsurgery, rehabilitation and lifelong follow-up.
Larsen & Toubro to build India's largest NVIDIA B300 AI Factory
Vyoma.AI, an Larsen & Toubro company, through its AI infrastructure subsidiary LTN Compute, has secured India's largest single-cluster AI infrastructure an NVIDIA B300 AI Factory for a US-based AI cloud innovator. According the company's project classification, the project is valued between Rs 10,000 crore to Rs 15,000 crore.
Sensex remains subdued amid weekly F&O expiry; European mrkt advance
Metal, Oil & gas and private bank shares declined while realty, FMCG and media counter advanced.
Shriram Properties Q1FY27 results: Net profit down 46% to 11 crore
Realty firm Shriram Properties has reported a 46 per cent decline in consolidated net profit to Rs 11.04 crore for the quarter ended June 30, mainly on higher expenses. The company's net profit stood at Rs 20.59 crore in the year-ago period. Total income, however, rose marginally to Rs 271.04 crore in the first quarter of this fiscal from Rs 261.54 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. The company's operational expenses and tax outgo increased during the April-June quarter while it also posted a loss in joint venture projects. On operational performance, Shriram Properties posted a 10 per cent increase in sales bookings to Rs 484 crore during the first quarter of this fiscal. We have commenced FY27 on a strong note, with robust operational performance and encouraging customer response to our new launches across Chennai and Kolkata, Murali M, Chairman and Managing Director of Shriram Properties, said. With a healt
Why Tata Sons is facing pressure to list and what after Chandrasekaran resigns
Tata Sons Chairman N Chandrasekaran is preparing to step down after nearly a decade, putting succession, Tata Sons listing and the balance of power with Tata Trusts under scrutiny. The Tata Trusts hold 66% of Tata Sons, while Shapoorji Pallonji Group owns 18.4%. RBI rules could pressure Tata Sons to list, adding urgency ahead of the August 18 shareholders meeting.
Tata Trusts kickstarts process for finding a successor for Tata Sons chair N Chandrasekaran
The Sir Dorabji Tata Trust passed a resolution to initiate the setting up of a selection committee for the purpose of recommending a person for appointment as the new chairman.
Tata Trust passes resolution to initiate setting up of selection committee
Sir Dorabji Tata Trust has passed a resolution to initiate the setting up of a selection committee to recommend a successor to N Chandrasekaran as Tata Sons chairman
British pound under $1.35 mark on weak UK data; GBP/INR futures linger around 129 levels
The British pound came under pressure on Thursday as dollar index holds steady around 100 mark owing to safe haven demand amid ongoing geopolitical turmoil. The stalled peace process in the Middle East provides some support to greenback, although recent US inflation figures showed some moderation of inflationary pressures and reduce bets of further rate cut, limiting upside for the DXY. Besides, mild gain for the pound on the back of positive UK GDP data has been largely offset by weaker than expected factory output. Data released by the UK National Statistics Office revealed that the country's economy grew at a steady 0.4% pace in the second quarter, as expected, showing a moderate slowdown from the 0.6% growth seen in the previous quarter, while the monthly GDP accelerated 0.3% in June, against expectations of a steady 0% reading. Meanwhile, industrial Production contracted 0.2% in June, against expectations of a 0.1% growth, and May's reading was revised to a 0.7% fall, from the ..
Tata Motors spurts after Q1 PAT jumps 83% YoY; clocks wholesales of 108,700 units
Tata Motors jumped 7.93% to Rs 834.65 after the company reported 83% increase in consolidated net profit to Rs 2,556 crore on a 19.3% rise in revenue to Rs 20,667 crore in Q1 FY27 as compared with Q1 FY26.
FSSAI suspends license of Narayani Foods & Beverages, Zaiqaa Organixs, AB Enterprise
The regulator cited serious food safety violations, poor sanitation, contamination risks and non-compliance with mandatory requirements across the three businesses.
Zee Media Corporation Ltd leads gainers in 'B' group
Omaxe Ltd, Khandwala Securities Ltd, Jubilant Agri & Consumer Products Ltd and Landmark Property Development Company Ltd are among the other gainers in the BSE's 'B' group today, 13 August 2026.
KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doubles
Shares of KRN Heat Exchanger and Refrigeration hit a upper circuit on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by robust demand across both domestic and international markets.
Lenovo India Q1 revenue grows 18% on strong AI demand
Lenovo India reported 18% year-on-year revenue growth in the June quarter, while the global group posted record quarterly revenue of $26.9 billion.
Indices trade with sideways; metal shares lose sheen
The Nifty traded tad below the 24,400 level. Metal shares declined after advancing in the past trading session.
Lenskart
Lightspeed-backed Centricity raises 280 crore led by SMBC Asia Rising Fund
The three-year-old wealthtech platform, which manages over 15,000 crore in AUM, plans to use the capital to scale its B2B2C distribution platform and expand its global NRI wealth business.
Tata Trusts to set up selection panel to pick N Chandrasekarans successor at Tata Sons
Tata Trusts has started the process to find N Chandrasekarans successor as Tata Sons chairman after he decided not to seek another term. His current term is set to end next year in February. The move ends months of uncertainty over his reappointment and comes as the Tata group navigates major bets across aviation, semiconductors, electronics and digital businesses.
8 midcap stocks surged up to 125% in a year; 4 became multibaggers. Do you own any?
While the Nifty 50 stayed nearly flat, midcaps delivered strong gains, with 14 stocks rising 50% or more and several doubling investor wealth over the past year.
Lenovo India Q1 result: Revenue rises 18% on strong demand for AI solutions
Lenovo India on Thursday reported an 18 per cent year-on-year growth in revenue for the first quarter ended June 30, 2026, driven by strong demand for artificial intelligence (AI) integrated solutions. The company, however, did not disclose the specific revenue figure for its India operations. Lenovo India has delivered a strong start to FY2026-27, with Q1 revenue growing 18 per cent year-on-year. This performance reflects the strength of our full-stack hybrid AI offerings across personal AI and enterprise AI and the resilience of our supply chain and customer trust, Shailendra Katyal, VP and Managing Director, Lenovo India, said. He noted that customers are increasingly looking beyond standalone technologies for integrated solutions. This is where Lenovo's Hybrid AI strategy gives us a competitive edge, combining devices, infrastructure, solutions, and services, positioning us at the forefront of the AI inferencing and democratization era, Katyal said. On a global level, the
Indian economy remains on a resilient footing, industrial activity firming up
The Organization of the Petroleum Exporting Countries (OPEC) stated in a monthly update that most recent data for 2Q26 suggests that the Indian economy remains on a resilient footing overall. Consumption indicators held up, unemployment was broadly stable, industrial production growth remained firm and non-food credit growth strengthened further, while the services sector continued to provide steady momentum. Renewed geopolitical tensions have nonetheless revived external downside risks via the energy import bill and the currency. The rupee has been among the weaker major emerging-market currencies, weakening to record lows against the dollar as higher energy costs weighed on the external balance. Inflation risks have risen accordingly, while a weak monsoon and second-round cost pressures point to rising food and core inflation, although the retreat in precious-metals prices has provided a partial offset.
Indias e-bus operators face higher funding needs as government subsidies decline
The financing challenge comes as falling battery costs and lower operating expenses improve the long-term economics of electric buses
Natarajan Chandrasekaran's exit now resolves the issue of duelling visions for the conglomerate, but with no obvious successor.
Tata Trusts to set up Selection Committee to pick Chandra's successor
Tata Trusts to set up Selection Committee to pick Chandra's successor
Bluehill.VC announces final close of maiden deep-tech fund at 400 crore
The fund received participation from SIDBI, the Kerala and Uttar Pradesh governments, family offices, entrepreneurs and UHNIs from India and the West Asia
Gujarat Fluorochemicals climbs as Q1 PAT rises 21.43% YoY
Gujarat Fluorochemicals rose 4.48% to Rs 4,770.20 after the company reported strong financial performance for Q1 FY27.
VA Tech Wabag slips after Q1 PAT slides 30% YoY to Rs 90 cr
VA Tech Wabag fell 1.03% to Rs 1,882.45 after the company reported a 29.8% decline in consolidated net profit to Rs 90.1 crore in Q1 FY27, compared with Rs 128.3 crore in Q4 FY26.
Sarda Energy & Minerals Ltd leads gainers in 'A' group
Black Box Ltd, Astral Ltd, Godawari Power & Ispat Ltd and Netweb Technologies India Ltd are among the other gainers in the BSE's 'A' group today, 13 August 2026.
Black Box wins $131 million data centre order from US hyperscaler
Digital infrastructure services provider Black Box will execute a major US data centre project over about three years, with further expansion expected
L&T secures mega order to build Indias largest NVIDIA B300 AI Factory
Larsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's entry into the AI Factory business. The facility will house ten thousand NVIDIA B300 GPUs for AI workloads. It will combine hyperscale data center infrastructure and accelerated computing capabilities.
Bengaluru (Karnataka) [India], August 13: The Government of Telangana, through the Telangana Academy for Skill and Knowledge (TASK), today signed a Memorandum of Understanding (MoU) with foundit, the jobs and talent platform, to strengthen employability, skilling, and access to career opportunities for youth across the state.
FM Sitharaman says public capital must act as a catalyst and not a substitute for private investment
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Yen hovers near 160 as intervention risks keep traders on edge
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Tamil Nadu's government signed ninety-seven new MoUs totaling over sixty-seven thousand crore rupees. These agreements were exchanged at the Vettri Tamil Nadu Investors Conclave 2026 event. The pacts are expected to generate employment for more than one lakh individuals across various sectors. Key industries benefiting include automotive, renewables, and life sciences. Electronics, R&D, and data centres also represent significant investment areas.
Parliament passes MMDR Amendment Bill 2026 to boost critical mineral exploration
Parliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral exploration and development across India. It provides greater flexibility for mining lease holders regarding additional mineral inclusions. The bill also removes restrictions on the sale of minerals from captive mines.
Mumbai (Maharashtra) [India], August 13: As governments increasingly turn to data and artificial intelligence to deliver more targeted and efficient public services, the Government of Kerala is taking its next step in that journey. To support the state's digital transformation initiatives, Kerala State IT Mission (KSITM) has selected SAS, a global leader in Data and AI, as a strategic analytics partner to strengthen governance, service delivery, and accountability across social welfare programs.
Vibrio Vulnificus Louisiana Outbreak: Louisiana has reported five deaths linked toVibrio vulnificusinfections, raising concerns about the flesh-eating bacteria found in warm coastal waters. Here is what to know about the outbreak, oysters, symptoms and safety precautions.
Madrasa students join Tiranga Rally in J&Ks Poonch ahead of Independence Day
Gambhir is 'badhiya banda' but people can't digest his style sometime: Harbhajan
Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill highly as a cricketer and a human being.
Kitchen cabinet shelves often attract dust and sticky residues, turning cleaning into a difficult task. However, a clever hack using aluminum foil creates a barrier over these shelves, capturing spills and crumbs before they cling to the surface. Once the foil gets dirty, simply peel it off and lay down a fresh piece. This technique streamlines kitchen upkeep and prolongs shelf cleanliness, making your space more manageable.
Can Sarvam Be India's Full-Stack AI Company? Pratyush Kumar & Rajan Anandan
Marathi mandatory for cab drivers in Maharashtra? New rules may suspend licences
Maharashtra plans to make Marathi language knowledge mandatory for all cab drivers. Drivers failing to meet this requirement face potential license suspension or cancellation. The state transport minister confirmed the August 15 deadline for compliance. This rule aims to improve communication and ensure safer journeys for passengers.
Josh Kushner, founder of Thrive Capital, is set to buy the Los Angeles Lakers alongside former Disney CEO Bob Iger in a reported $12.5 billion deal. The blockbuster transaction has put Kushner in the spotlight, raising interest in the businessmans career, multibillion-dollar fortune, family background and rise from tech investor to NBA team owner.
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Benchmarks trade in negative terrain; oil & gas shares decline
The Nifty traded below the 24,350 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices, Gold and developments on the global geopolitical front for further indications on the market's near-term trajectory.
Black Box surges after recording PAT of Rs 56 crore in Q1 FY27
Black Box jumped 7.93% to Rs 834.65 after the company reported 18% rise in consolidated net profit to Rs 56 crore on a 24% increase in revenue to Rs 1,719 crore in Q1 FY27 as compared with Q1 FY26.
Who is Noel Tata and why is Tata Trusts Chairmans role in focus after N Chandrasekaran's exit?
Noel Tata succeeded his half-brother Ratan Tata as the chairman of the Tata Trusts, which holds a 66% stake in Tata Sons, the parent company of the Tata Group. In the February 2026 board meeting, Noel Tata opposed the move to extend Chandrasekaran's tenure as Tata Sons chairman.
E20 petrol: Maruti, Tata, Mahindra flagged fuel contamination worries before public retreat
The carmakers emails show for the first time how they are privately worried about contaminants in E20, like chloride and moisture, which they say are hurting vehicles, even as they publicly back the governments rollout of the fuel.
Consumer startups make a dash for funding as investor interest grows
M&As, IPO exits boost investor interest in consumer startups.
JouleWise Technologies proposes AI tokens as part of employee compensation
Proposal comes as companies increasingly allocate AI credits, Copilot licences, GPU hours, cloud-compute capacity and automation tools to employees
Motilal Oswal Group to invest 1,500 crore in Inox Clean Energy
The fresh funding comes as the renewable energy platform accelerates acquisitions and expands its power generation and solar manufacturing operations.
India lifestyle pick-up market eyes 10,000 units as Mahindra joins Toyota, Isuzu
Mahindra will join Toyota Hilux and Isuzu V-Cross in a 4,000-4,500-unit niche, with lower expected pricing and SUV-like features potentially opening the category to premium-SUV buyers
Which Tata stocks look attractive now? Jefferies picks 4 and flags TCS and 2 others
Jefferies believes Tata group stocks should remain driven by business fundamentals despite N Chandrasekarans planned exit as Tata Sons chairman in February 2027. The brokerages top picks are Tata Consumer Products, Tata Steel, Indian Hotels and Voltas.
Airtel's tariff plan changes may benefit Vodafone Idea more: Analysts
Airtel's withdrawal of select prepaid plans could lift its ARPU, but analysts say Vodafone Idea may gain more if it follows with a similar tariff rejig
Bharti Airtel could see a 2% rise in ARPU after withdrawing four entry-level prepaid plans, including the popular Rs 299 pack, JM Financial said. Subscribers will now need to opt for the Rs 349 plan, a roughly 16% price hike, while Rs 199 and Rs 219 plans remain unchanged.
Credent Connect N Care raised Rs 26.53 crore from 10 anchor investors ahead of its IPO, with Abakkus Asset Management emerging as the largest participant. The healthcare logistics companys Rs 93.90-crore IPO opened on August 13 and will remain open until August 17. The issue carries a price band of Rs 179189.
Hexaware Technologies expands partnership with upGrad
To deliver AI skilling and enterprise transformation programs for Hexaware clients worldwide
INR edges lower amid lingering geopolitical tensions
The Indian rupee depreciated 7 paise to 95.40 against the US dollar in early trade on Thursday pressured by lingering geopolitical risks. DXY edging close to 100 mark is also adding weight on the local currency. Crude oil prices however eased this morning that could limit losses in the counter. Investor sentiment remains fragile as the standoff between US and Iran does not seem to be coming to an end with Iran warning of keeping the Strait of Hormuz closed till 2029 while the US President saying that the Hormuz is in USs command. At the interbank foreign exchange market, the rupee opened at 95.40, registering a fall of 7 paise from its previous close. Indian shares also opened lower, keeping a check on rupee gains, with key benchmark indexes extending losses for a third day running as attacks on ships in the Middle East continued and the U.S. and Iran remained deadlocked over efforts to permanently end their five-month-old war. The benchmark BSE Sensex was down 178 points, or 0.2 ...
DXY holds near one-week high; US PPI eyed
The dollar index is edging up near a one-week high and very close to the 100 mark on Thursday morning in Asia. The extended gridlock between US and Iran and tensions over re-opening of the Strait of Hormuz that deeply affect oil prices and thereby inflation is seen supporting the greenback. Nevertheless, data yesterday showed cooling inflation in US that reduced bets of Fed rate hike. The US Bureau of Labor Statistics reported that the headline Consumer Price Index (CPI) growth cooled down to 3.4% on year from 3.5% in June. The core CPI which excludes volatile food and energy items also arrived lower at 2.5% YoY, against the previous reading of 2.6%. Markets now shift focus on the US Producer Price Index (PPI) data for July for further clarity. The dollar index that measures the greenback against a basket of currencies is quoting at 99.87, down marginally on the day. Meanwhile the yield on the 10-year US Treasury note eased to around 4.68%.
Lenskart Solutions rises as Q1 adjusted PAT soars 240% YoY
Lenskart Solutions rose 2.49% to Rs 601.05 after the company reported strong Q1 FY27 performance, with robust growth in revenue, EBITDA and profit.
GE Power India bags Rs 550-cr order from Saudi Arabia
GE Power India announced that it has received Notices of Award (NOAs) with a cumulative value of Rs 550 crore from Dar Al Balad for Contracting and Operations Company, Saudi Arabia, for the shoaiba fuel conversion project.
Nifty trades below 24,350 mark; media shares rally
The Nifty traded below the 24,350 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices, Gold and developments on the global geopolitical front for further indications on the market's near-term trajectory.
Grasim Industries clocks 51% YoY rise in Q1 PAT; records EBITDA of Rs 8,077 crore
Grasim Industries has reported 51% rise in consolidated net profit to Rs 2,146 crore on a 21% increase in revenue to Rs 48,716 crore in Q1 FY27 as compared with Q1 FY26.
Bluehill.vc marks final close of maiden deeptech fund at 400 crore; eyes 15-16 bets
The Chennai-based VC firm exercised its full 50-crore greenshoe option and plans to write $1-2 million cheques for early-stage startups as investor interest in deeptech surges.
RailTel Corp bags Rs 63-cr order from Deendayal Port Authority
RailTel Corporation of India announced that it has received a work order worth Rs 63 crore from Deendayal Port Authority (DPA).
Tata chief Chandrasekaran's exit puts $120 billion spending plan at risk
Natarajan Chandrasekaran's resignation creates uncertainty over Tata's five-year investment push as Noel Tata weighs a more cautious approach to capital spending
Andhra Pradesh: ReNew plans to team up with global players for 85,000-cr Green Data Center
According to official sources, the proposed Green Data Centre will come up in Anakapalli in a plot of land to be allocated by APIIC after the ratification by the State Cabinet.
Muthoot Fincorp files draft papers for Rs 3,000 cr IPO to boost capital base
Muthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business growth. Its gold loan business has seen significant expansion over two decades. Muthoot Fincorp reported increased profits and revenue in the last fiscal year. The diversified NBFC operates a large branch network and digital platform.
Astral shares surged nearly 10% after strong Q1 FY27 results, with profit rising 51.8% YoY. Citi retained a Buy rating with a Rs 1,900 target, while UBS maintained Accumulate. Nuvama upgraded the stock to Buy, citing strong pipe volumes and margin prospects, while Motilal Oswal retained Buy and CLSA maintained Hold.
Molbio Diagnostics IPO ends with 70.26 times subscription
The offer received bids for 57.32 crore shares as against 81.58 lakh shares on offer.
Astral surges as Q1 PAT rises 48% YoY
Astral surged 7.31% to Rs 1,565.55 after the company reported strong financial performance for Q1 FY27.
Indices drop in early trade; breadth strong
The Nifty traded below the 24,350 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices, Gold and developments on the global geopolitical front for further indications on the market's near-term trajectory.
UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament Panel
A parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlement Systems Act now permit transaction charges on digital payments. The committee noted a significant funding gap between allocations and operational costs. Future merchant discount rate charges will be nominal and apply to limited high-value transactions.
Goodyear India slips after PAT falls nearly 54% YoY as rising input costs impact margins
Goodyear India fell 3.19% to Rs 785.05 after the company reported 53.9% fall in net profit to Rs 6.51 crore despite an 18% increase in revenue to Rs 774.35 crore in Q1 FY27 as compared with Q1 FY26.
National Aluminium Company Ltd Falls 1.57%
National Aluminium Company Ltd has added 12.92% over last one month compared to 3.21% gain in BSE Metal index and 1.37% rise in the SENSEX
Astral Ltd has added 9.94% over last one month compared to 2.91% gain in BSE Capital Goods index and 1.37% rise in the SENSEX
Brandman Retail consolidated net profit rises 1152.63% in the June 2026 quarter
Sales rise 287.56% to Rs 45.19 crore
Nisus Finance Services Co consolidated net profit declines 30.20% in the June 2026 quarter
Sales rise 551.37% to Rs 184.99 crore
Sales rise 11.28% to Rs 139.56 crore
Atal Realtech consolidated net profit rises 51.52% in the June 2026 quarter
Sales rise 3.49% to Rs 10.97 crore
Sharika Enterprises reports consolidated net profit of Rs 0.35 crore in the June 2026 quarter
Sales rise 26.71% to Rs 22.20 crore
Shreeji Translogistics consolidated net profit rises 108.00% in the June 2026 quarter
Sales rise 12.15% to Rs 63.86 crore
IndiGrid Infrastructure Trust consolidated net profit rises 236.04% in the June 2026 quarter
Sales rise 29.39% to Rs 1086.66 crore
Hexagon Nutrition consolidated net profit rises 24.92% in the June 2026 quarter
Sales rise 43.16% to Rs 104.31 crore
East West Freight Carriers reports consolidated net profit of Rs 0.22 crore in the June 2026 quarter
Sales decline 19.45% to Rs 45.56 crore
Yatra Online consolidated net profit declines 97.88% in the June 2026 quarter
Sales decline 10.44% to Rs 187.90 crore
Universus Photo Imagings reports consolidated net profit of Rs 45.33 crore in the June 2026 quarter
Sales rise 10.26% to Rs 5.48 crore
Integra Essentia consolidated net profit declines 96.30% in the June 2026 quarter
Sales rise 42.14% to Rs 111.91 crore
Tata Motors shares jump 6% after strong Q1; Nomura upgrades stock, CLSA retains Outperform rating
Tata Motors shares jumped after Q1 FY27 net profit surged 83% YoY to Rs 2,560 crore, aided by mark-to-market gains on Tata Capital investments. Revenue rose 19% YoY to Rs 20,667 crore.
Sales decline 3.26% to Rs 10.09 crore
Globe Civil Projects consolidated net profit rises 40.40% in the June 2026 quarter
Sales rise 37.05% to Rs 92.30 crore
