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TPG, Temasek sell nearly 13% stake in Dr Agarwals Health Care for 2,008 crore

TPG and Temasek remained major public shareholders in Dr Agarwals Health Care despite selling a combined 12.64% stake through bulk deals.

The Hindu Businessline 13 Aug 2026 6:59 am

Yotta plans IPO of up to Rs 8,000 cr to fund AI infra push

Yotta Data Services is preparing to file its draft prospectus for an initial public offering. The company aims to raise approximately six thousand to eight thousand crore rupees. These funds will support expanding data centre footprint and AI infrastructure deployment. Yotta recently secured one hundred fifty million dollars in a pre-IPO funding round. This move positions Yotta to meet growing demands for computing capacity in India.

The Economic Times 13 Aug 2026 6:46 am

Vadilal Ind Q1 Results: Profit jumps 96%; declares 17 interim dividend

Consolidated revenue from operations rose 34 per cent y-o-y

The Hindu Businessline 13 Aug 2026 6:46 am

Groww leads India's top brokerages in July with over 70,000 new active accounts

Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly shed active accounts during the month and year.

The Economic Times 13 Aug 2026 6:38 am

Godrej Consumer shares tumble on CEO exit, technicals signal more downside

Godrej Consumer Products shares have experienced a notable drop following the unexpected exit of the chief executive. This abrupt change has raised significant concerns among investors about the future leadership in a volatile market environment. Aasif Malbari has been appointed as the new managing director and chief executive to steer the company.

The Economic Times 13 Aug 2026 6:24 am

Sebi sees no CAS manipulation, eyes more participation

In a recent statement, Sebi chairman Tuhin Kanta Pandey confirmed that the closing auction sessions showed no manipulation. He linked earlier discrepancies to cautious trading in the newly implemented system. Notably, mutual funds have significantly increased activity in these sessions. Additionally, Sebi is looking into strategies to bolster both participation and liquidity in commodity derivatives, while also striving to ease access for institutional investors within Indian markets.

The Economic Times 13 Aug 2026 6:11 am

Govt views Chandra's exit as internal Tata Sons issue, sees no reason to step in

The governments position is that it would consider stepping in only if the Tata Group or relevant stakeholders formally seek its involvement. As a matter of policy, the government generally refrains from intervening in the internal governance of private companies.

Livemint 13 Aug 2026 6:00 am

When silence isn't golden: The rift that ended N Chandrasekaran's Tata tenure

N Chandrasekaran's resignation as Tata Sons chairman reveals a breakdown in communication, highlighting complications with board decisions and unresolved leadership gaps. It raises fundamental questions about trust and governance in a complex corporate landscape.

Livemint 13 Aug 2026 6:00 am

D-St set for a negative opening as GIFT Nifty signals weak start

Indian stock indices closed in the red on August 12, reflecting growing unease in the market. The Nifty 50 lost 35.75 points, closing at 24,435.95. The increase in crude oil costs dampened investor confidence, prompting foreign portfolio investors to offload shares worth Rs 1,002.50 crore. Meanwhile, the Indian rupee remained under pressure, trading around 95.32 against the dollar.

The Economic Times 13 Aug 2026 6:00 am

Stocks in news: UltraTech Cement, Tata Motors PV, Axis Bank, Apollo Hospitals and Ircon

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant profit increases for the first quarter.

The Economic Times 13 Aug 2026 6:00 am

Sending world into a tizzy, Chairman N Chandrasekaran had routine day

The unexpected announcement of N Chandrasekaran's exit from Tata Sons has left many in the business sector taken aback. Prior to making this known internally, he notified his family. Reassuring employees, Chandrasekaran emphasized the resilience and future ambitions of the organization. His upcoming focus will be on spearheading initiatives at Tata Digital and Air India. This departure signals a pivotal transformation for the conglomerate.

The Economic Times 13 Aug 2026 5:58 am

Vedanta, Vedanta Aluminium post strong Q1 gains as metal prices lift earnings

After their demerger, Vedanta and Vedanta Aluminium Metal have reported robust financial outcomes for the first quarter, primarily due to rising commodity prices. Both companies are eyeing substantial capital investments to propel their growth strategies. With aluminium and base metal prices expected to stay strong in the near future, they are currently valued lower than their industry rivals, indicating potential for upward movement.

The Economic Times 13 Aug 2026 5:57 am

Chandrasekarans decision to step down underlines a lack of succession planning at Tata Sons

On Tuesday, Godrej Consumer Products CEO Sudhir Sitapati resigned after the Godrej board granted him a second five-year term and shareholders approved the decision on 7 August. Global chief financial officer Aasif Malbari was appointed in his place on the same day.

Livemint 13 Aug 2026 5:35 am

Chandra bows out: Tata Sons Chairman to exit after nearly a decade

N Chandrasekaran will step down as Tata Sons chairman in February 2027. He informed the board he would not seek reappointment after his current term. This decision follows six months of uncertainty regarding his leadership extension. Chandrasekaran has led significant expansion into new sectors during his tenure. The succession process will now begin to ensure a smooth transition.

The Economic Times 13 Aug 2026 5:30 am

The Chandra Chronicles: Tracing the chairman's journey since 2017

N Chandrasekaran's tenure as Tata Sons chairman faced significant challenges and delays. Ratan Tata's passing in October 2024 preceded leadership shifts within Tata Trusts. Noel Tata conveyed displeasure, putting Chandrasekaran's reappointment on hold in May 2026. Several trustees announced their departures from key Tata Trusts positions. Ultimately, N Chandrasekaran decided not to seek a third term as chairman.

The Economic Times 13 Aug 2026 1:11 am

ET Graphics | Decoding Chandra era: How Tata's market value tripled in 10 years

Tata Group's market capitalization tripled and profits increased five-fold during Chandrasekaran's tenure. Revenue also saw a two-fold rise, reaching Rs 13.3 lakh crore by FY26. Trent delivered the highest value creation with a 31% annual stock return. Tejas Networks followed closely, yielding a 30.4% annual return after its acquisition. The flagship TCS, however, showed a modest 7.4% annualised return.

The Economic Times 13 Aug 2026 1:09 am

Supreme Court rulings set to raise insurers' third-party liability

General insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional income, increasing claim payouts. This interpretation is expected to raise claim outgo significantly over eighteen months. Insurers also face policy standardization for occupant and pillion-rider coverage. Motor third-party insurance remains challenging with rising claim costs and slow premium growth.

The Economic Times 13 Aug 2026 1:04 am

SP Group's Tata stake plan faces fresh uncertainty with N Chandrasekaran's exit

N Chandrasekaran's unexpected resignation adds uncertainty to Shapoorji Pallonji Group's stake. Discussions on monetizing the Mistry family's stake remain unresolved due to valuation differences. The Mistry family may push for a Tata Sons public listing to unlock value. Tata Trusts will play a key role in the upcoming leadership transition. This change could delay any settlement with Shapoorji Pallonji Group.

The Economic Times 13 Aug 2026 12:57 am

Sir Ratan Tata Trust may skip Thursday's Tata Trusts meeting as charity commissioner's restraint order stays

Sir Ratan Tata Trust faces a restraint order from the charity commissioner. This order prevents its participation in crucial Tata Trusts meetings. The trust seeks relief from the Bombay High Court for immediate intervention. Allegations of governance violations and a 1989 share transfer are under scrutiny. These developments could affect Tata Sons' upcoming board and AGM meetings.

The Economic Times 13 Aug 2026 12:57 am

Southern banks on a golden lending streak; gold-loan books swell 2x

South Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold prices and increased demand for credit. Federal Bank, CSB Bank, and others experienced substantial portfolio expansions. CSB Bank recorded the fastest growth, more than doubling its gold loan book. Gold loans now represent a significant portion of advances for these regional lenders.

The Economic Times 13 Aug 2026 12:55 am

Banks to reveal loan rates every month in RBI's disclosure tweak

The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floating loans quarterly. Total charges for microfinance and small loans will be capped by the regulator. These new norms aim to harmonize interest rate determination methods. Final guidelines will take effect from April 1, 2027.

The Economic Times 13 Aug 2026 12:24 am

From the Silver Screen to the Podcast Studio: Rahul Dev Launches Titans of Punjab with 94.3 MY FM

Chandigarh [India], August 12: Known for his commanding screen presence and versatile performances across Bollywood, Punjabi cinema and digital platforms, acclaimed actor Rahul Dev is all set to embark on an exciting new chapter in his career. Having recently been busy filming the much-awaited Warning 3 and Warning 4 alongside Gippy Grewal in Punjab, Rahul now expands his creative journey beyond films by making his debut as a podcast host with Titans of Punjab, an original premium podcast by 94.3 MY FM Chandigarh, celebrating the extraordinary individuals who have shaped Punjab through business, healthcare, education, innovation, leadership and vision.

Business Standard 13 Aug 2026 12:20 am

Manappuram charts leadership transition after Bain deal with Ashish Singh

Manappuram Finance is moving from promoter-led management to a professional leadership model as Bain Capital deepens its stake in the gold loan-focused NBFC

Business Standard 12 Aug 2026 11:37 pm

India, Southern African customs bloc revive trade pact talks

The move revives talks between India and SACU, comprising South Africa, Botswana, Namibia, Lesotho and Eswatini, after five rounds of negotiations between 2002 and 2010 ended without a deal

The Hindu 12 Aug 2026 11:18 pm

SBI uses AI to underwrite nearly 1 lakh crore in MSME loans in FY26

In FY26, in 12 months, we can underwrite loans up to 5 crore, both covering the new-to-bank customers, as well as existing customers. Almost 1 lakh crore we were able to underwrite, says SBI Managing Director

The Hindu 12 Aug 2026 10:59 pm

Indel Money to raise up to 500 crore through public issue of NCDs

Indel Money, a non-deposit taking non-banking finance company, on Wednesday said it proposes to raise up to Rs 500 crore through public issue of non-convertible debentures (NCDs) of face value of Rs 1,000 each. The issue opens on August 18 and closes on August 31 with an option of early closure, subject to relevant approvals, Indel Money said in a statement. Investors may make one or more applications for the NCDs, subject to a minimum application size of Rs 10,000 across all series collectively and in multiples of Rs 1,000 thereafter, it said. The public issue comprises a base issue of Rs 250 crore, with an option to retain oversubscription of similar amount aggregating an overall issue size of up to Rs 500 crore. The net proceeds of the issue will be utilised for onward lending, financing or refinancing of existing debt and/or debt servicing, including payment of interest and/or repayment or prepayment of interest and principal of existing borrowings of the company, and for gener

Business Standard 12 Aug 2026 10:56 pm

TPG, Temasek sell 13% stake in Dr Agarwals Health Care for Rs 2,008 crore

Global investors TPG and Temasek sold nearly thirteen percent of Dr Agarwals Health Care. They collectively offloaded over four crore equity shares for two thousand eight crore rupees. Several mutual funds and investment firms purchased a significant stake in the eye care chain. This stake sale occurred after the company reported strong quarterly financial results. Dr Agarwals Health Care shares saw a decline following the large block deal.

The Economic Times 12 Aug 2026 10:51 pm

Bank of America to buy up to 49.9% in Jio Credit for $1.9 billion

The investment, which values Jio Credit at about $3.8 billion, will be made through a preferential allotment of equity shares and warrants.

Livemint 12 Aug 2026 10:47 pm

Petronet LNGs revenues slip more than 50% as West Asia tensions marred supplies

Net profit although surged 33.2% in the June-end quarter.

The Hindu 12 Aug 2026 10:45 pm

Jaro Education net up 48% on robust online learning adoption

Jaro records gross bookings of 190 crore and 8,169 admissions during the quarter, comprising 6,979 degree admissions and 1,190 certification admissions

The Hindu Businessline 12 Aug 2026 10:18 pm

Chandrasekaran steps down from Tata Sons after third-term bid stalls

The decision came eight days before the Tata Sons annual general meeting, scheduled for 18 August, and caught Noel Tata and most of the Tata Trusts trustees off guard, two executives aware of the development said.

Livemint 12 Aug 2026 10:18 pm

Bosch India bets on CAFE III, ADAS, localisation to power next growth phase

Bosch Ltd expects its 14 per cent EBITDA margin to sustain as higher localisation, productivity gains and a richer product mix combine with regulatory opportunities in CAFE III and commercial-vehicle ADAS to drive its next phase of growth.

The Hindu Businessline 12 Aug 2026 10:11 pm

Karan Adani meets AP CM Naidu on 16,000-cr titanium plant in Srikakulam

Adani Group also presents master plan for its proposed data centre and IT park in Visakhapatnam

The Hindu Businessline 12 Aug 2026 10:10 pm

Gautam Adani on US case: A chapter has closed, but our journey is a long one

While there was a lot of noise outside, employees, workers, suppliers, vendors, contractors and partners continued with their work, says Adani

The Hindu Businessline 12 Aug 2026 10:08 pm

Dont rule out Noel Tata on experience; Ratan Tata faced similar doubts: Mukund Rajan

N Chandrasekarans decision not to seek another term as Tata Sons Chairman puts the spotlight on succession at Indias largest conglomerate; former Tata Sons senior executive Mukund Rajan says Noel Tata should not be ruled out merely on the grounds of experience

The Hindu Businessline 12 Aug 2026 10:05 pm

One Point One Solutions net jumps 73% on better demand

Following a strong start, the company expects to sustain its growth momentum and targets about 2 times y-o-y revenue growth in FY27, while maintaining its current operating metrics

The Hindu Businessline 12 Aug 2026 10:04 pm

Pilani Investment to sell UltraTech shares worth 1,952 crore

Offer at 3% discount to Wednesdays close; cement major commits 10,255 crore for capacity expansion

The Hindu Businessline 12 Aug 2026 10:00 pm

BigBasket emerges as key test for Tata Digital after Chandrasekaran exit

BigBasket is under scrutiny for its growing losses and costly battle against dominant Q-comm rivals

The Hindu Businessline 12 Aug 2026 9:49 pm

Apollo Hospitals beats estimates for Q1FY27, net profit up 34%

Apollo Hospitals' Q1FY27 net profit rose 34% to 581 crore, beating street estimates, as high-complexity specialty volumes and pharmacy growth lifted revenue 21% to 7,043 crore. 

Livemint 12 Aug 2026 9:45 pm

Uber expands to 225 cities across India, steps up bike-taxi and cab services

Uber now sees Rapido as its biggest competitor in India

The Hindu Businessline 12 Aug 2026 9:45 pm

Germany would be interested in buying green hydrogen from India, says Charg D Affaires

Georg Enzweiler, Charg D Affaires of the German Mission in India explained the EU FTA would improve prospects for German companies to invest in indegenising technologies.

The Hindu 12 Aug 2026 9:41 pm

Chandras exit puts Tata governance under fresh scrutiny

Second difficult Tata Sons chairman exit in a decade raises questions over succession, board independence and the role of Tata Trusts

The Hindu Businessline 12 Aug 2026 9:41 pm

Apollo Hospitals reports robust 34 per cent profit growth in Q1FY27 on healthcare services growth

Healthcare revenue for Q1FY27 was at 3,567 Crore, a growth of 22 per cent YoY

The Hindu Businessline 12 Aug 2026 9:32 pm

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian markets extended losses as Tata Group stocks tumbled following N Chandrasekarans Tata Sons exit, while crude nearing $90 heightened inflation concerns. Sensex fell 188 points and Nifty declined 36 points, with PSU banks and metals outperforming broader market weakness.

The Economic Times 12 Aug 2026 9:30 pm

Godrej Consumer board was unaware of CEOs exit plans, chairperson says

Sudhir Sitapatis sudden exit, just days after a five-year term extension, signals underlying discord over his performance as former CFO Aasif Malbari takes over as CEO.

Livemint 12 Aug 2026 9:30 pm

BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit

Bank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving a preferential allotment of equity shares and warrants, could see its stake grow to 49.9 percent. The investment signifies Bank of America's commitment to strengthening its foothold in India's financial landscape, utilizing local knowledge for enhanced market development.

The Economic Times 12 Aug 2026 9:25 pm

Private bus operators move CCI against Priyadarshini scheme for women

The scheme has provided the State-run corporation with a significant, state-funded competitive advantage, resulting in large-scale diversion of passengers from private operators, says the petition

The Hindu Businessline 12 Aug 2026 9:23 pm

Waaree Transpower wins 160 crore BESS order, signals push into global energy storage market

The contract arrives as demand for battery storage infrastructure accelerates worldwide, driven by the need to integrate higher volumes of renewable energy into power grids and maintain round-the-clock supply reliability

The Hindu Businessline 12 Aug 2026 9:19 pm

Tata Group's consumer push gathered pace under Chandrasekaran's leadership

The creation of Tata Consumer Products and acquisitions of Capital Foods, Organic India and Soulfull helped the group build a larger, diversified portfolio of consumer brands

Business Standard 12 Aug 2026 9:16 pm

Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenue rises 21%

Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to 610 crore, while revenue grew 20.6% to 7,044 crore. EBITDA increased 28.2%, supported by higher healthcare volumes, complex procedures, capacity expansion and strong international patient growth.

The Economic Times 12 Aug 2026 9:13 pm

OpenAIs Friction email can put workplace woes in Sam Altmans inbox

As OpenAI continues to expand its workforce, the system is intended to help leadership identify organisational problems before they turn into entrenched bureaucracy while also giving employees a direct route to escalate issues that they believe are blocking their work.

Livemint 12 Aug 2026 9:12 pm

What next for Tata Sons as N Chandrasekaran prepares to step away in 2027

Tata Sons must constitute a selection committee to choose its next chairman amid governance disputes at Tata Trusts and unresolved questions over listing and the SP Group

Business Standard 12 Aug 2026 9:10 pm

Putin says Russia will start seizing European vessels if its ships targeted

The comments, which Putin made as he oversaw navy drills in Russia's far east, come as the EU tries to ratchet up pressure on Russia's so-called shadow fleet, expanding sanctions against hundreds of vessels and detaining some ships and their crews for checks. Some European governments have said they are exploring tougher maritime enforcement measures against ships suspected of sanctions evasion.

The Economic Times 12 Aug 2026 9:08 pm

Era of Chandra: Steering Tata Group towards the digital age

Under Chandras leadership, the Tata Group witnessed significant value creation, with its market capitalisation more than tripling to 27 lakh crore

The Hindu Businessline 12 Aug 2026 9:05 pm

Delhi High Court questions Meta over Rights Manager access after creator alleges misuse of copyright tool

The Delhi High Court questioned Meta's copyright tool access policy. A content creator alleged misuse of the tool by unauthorized users. The court directed Meta to provide guidelines and eligibility criteria for the tool. Meta stated that disputed copyright strikes against the creator were reversed. The court will hear the matter again on September 24.

The Economic Times 12 Aug 2026 9:04 pm

7-second gravity blackout? NASA explains viral earth disaster claim

Viral posts falsely claimed Earth would experience a seven-second gravity blackout. Scientists confirmed this physics-bending anomaly is impossible due to Earth's mass. Astronomical events like eclipses do not affect planetary gravity significantly. Hypothetical scenarios show a gravity loss would eject the atmosphere. The hoax exploited public interest in celestial events for engagement.

The Economic Times 12 Aug 2026 9:00 pm

That old phone in your drawer could be hiding gold: Study reveals a tonne of e-waste can contain 100 times more gold than gold ore; every handset contains tiny traces of gold, silver & copper, and millions of devices could create urban mine

Old mobile phones contain valuable metals such as gold, silver and copper, with some metals found at higher concentrations in e-waste than in conventional ore. Global e-waste generation is rising rapidly, creating a significant opportunity for recovering these valuable resources. Recycling these metals can help reduce the need for virgin mining and its associated environmental impact. However, recovering metals from electronic devices requires specialised industrial processes and facilities. Consumers should therefore recycle unwanted electronics through authorised e-waste collection and recycling channels rather than attempting to extract metals at home.

The Economic Times 12 Aug 2026 9:00 pm

Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore deal

Jio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% in Jio Credit. This investment could reach Rs 18,268 crore, approximately $1.9 billion. Bank of America will initially hold a 26.5% stake in the NBFC. The transaction is subject to necessary regulatory and statutory approvals.

The Economic Times 12 Aug 2026 8:56 pm

Gokaldas Exports Q1 net up 7%, African biz outperform domestic operations

`Better order execution in India and higher volume in Africa led to a strong income growth in the quarter

The Hindu 12 Aug 2026 8:53 pm

Rescuers evacuate more than 200 from a ferry fire that left at least 1 dead near Bali

Rescuers saved 211 people from a ferry fire near Bali island. One passenger's body was recovered after the blaze erupted at sea. The Putri Yasmin ferry was carrying vehicles and motorcycles when the fire started. Rough seas and high waves complicated the extensive rescue operation efforts. Authorities are investigating the cause of the fire and passenger number discrepancies.

The Economic Times 12 Aug 2026 8:53 pm

Chandras exit announcement wipes off 45,000 crore market cap from Tata stocks in a day

Tata Consultancy Services, the groups largest listed entity with a market cap of 8.50 lakh crore, bore the sharpest absolute brunt, closing down 3.93 per cent at 2,349.70

The Hindu Businessline 12 Aug 2026 8:49 pm

Jyothy Labs operating margin halves as West Asia crisis, Henkel exit hurt

Despite taking a blended 4-4.5% price hike in the June quarter, the company's operating Ebitda margin slumped to 8.4%, from 16.5% a year ago. The company's performance was also hurt by German partner Henkel AG's decision in May to walk away from a 15-year licensing deal for the Pril and Fa brands.

Livemint 12 Aug 2026 8:48 pm

Yokohama eyes deeper play in OEM supply segment

Yokohamas India business has predominantly been in the after market segment where vehicle owners replace tyres in their cars

The Hindu Businessline 12 Aug 2026 8:46 pm

Flipkart, Amazon, Meesho top list of e-commerce firms facing most complaints on NCH in 2025

Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also featured prominently on the list of e-commerce platforms. The National Consumer Helpline facilitated over 91 crore in refunds to consumers. Non-delivery of products constituted the largest category of complaints filed. The government has taken steps to address unfair trade practices in e-commerce.

The Economic Times 12 Aug 2026 8:42 pm

Who after Chandra? Tata Sons faces its most complex succession test yet

The challenge is not merely finding a successor. It is finding a leader capable of steering a conglomerate increasingly defined by technology, artificial intelligence, digital platforms, manufacturing scale-up, energy transition, and new-age businesses

The Hindu Businessline 12 Aug 2026 8:41 pm

Consumer durable makers begin passing higher input costs to buyers

Companies had faced continuing input-cost pressure and have responded by increasing realisations in the domestic market

The Hindu Businessline 12 Aug 2026 8:27 pm

Julius Baer leases 74,037 sq ft office in Mumbai for India GCC operations

The Swiss private bank's India arm has taken the Andheri East property on a 60-month lease, with a total rental outgo of Rs 102.6 crore and annual escalation of 5 per cent.

Business Standard 12 Aug 2026 8:27 pm

Chandra's tenure a tale of two halves for the Tata Group

Chandrasekarans tenure delivered a strong first term, but a tougher second term saw listed-company growth slow and losses at new businesses mount.

Livemint 12 Aug 2026 8:19 pm

After a marathon run, N Chandrasekaran steps down

Tata Sons chairman not to seek third term

The Hindu Businessline 12 Aug 2026 8:15 pm

IndiQube Spaces Q1 revenue jumps 37% to record Rs 428 crore

IndiQube Spaces reported record Q1FY27 revenue of 428 crore, up 37% year-on-year. EBITDA rose 34%, while PAT surged 91% to 35 crore. Area under management and seat capacity expanded, alongside stronger occupancy and rapidly growing value-added services.

The Economic Times 12 Aug 2026 8:12 pm

All careers end at some point, Chandra tells Tata group staff

In a townhall address hours after announcing his exit, Chandra assured employees that the group will continue to make progress

The Hindu Businessline 12 Aug 2026 8:10 pm

Air India captain's confirmatory drug test positive for marijuana, say TV channels

Earlier in the day, India's Ministry of Civil Aviation summoned Air India CEO Campbell Wilson over the incident, which involved an Airbus A320neo aircraft

The Hindu 12 Aug 2026 8:09 pm

Aditya Birla Groups Pilani Investment to sell UltraTech stake worth 1,909 crore

The block deal comes as investors step up secondary-market exits, while UltraTech enters FY27 with strong demand and double-digit volume growth.

Livemint 12 Aug 2026 8:04 pm

Deaths, damage reported as severe weather spawns tornadoes, flash flooding in the Midwest

A series of vicious storms ravaged the Midwest, unleashing tornadoes and heavy rainfall. The storm's fury left hundreds of thousands without power, as fallen trees and wires littered the area. Sadly, several lives were lost due to the unforgiving weather. In response, emergency teams executed water rescues as flooding affected numerous states. Forecasts suggest that severe thunderstorms and intense rainfall may persist in the coming days.

The Economic Times 12 Aug 2026 8:03 pm

L & T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

Mumbai (Maharashtra) [India], August 12: L & T Finance Ltd. (LTF), one of the leading retail financiers in the country, introduced three new TV commercials (TVC) with the tagline, 'Koi Bhi Sapna Hold Mat Karo, L & T Finance Gold Loan Karo,' featuring its brand ambassador, Jasprit Bumrah. Through this campaign, LTF will drive awareness for its Gold Loan offerings and empower individuals, micro-entrepreneurs, and households to unlock the value of their idle gold to fuel their growth, aspirations, and dreams.

Business Standard 12 Aug 2026 8:00 pm

Best baby boy names for 2026: 15 beautiful B names expecting parents will love with their meanings

Best baby boy names with B: Parents seeking boy names beginning with B have many options. Bodhi, meaning enlightenment, offers a modern Sanskrit-rooted choice. Classic Benjamin, meaning son of the right hand, remains popular. Bruno, with meanings like armor and brown, has diverse origins. Bennett, meaning blessed, provides a traditional yet current feel.

The Economic Times 12 Aug 2026 7:59 pm

Quote of the day by Confucius: 'To put the family in order, we must first...' Life lessons from inspirational quote on outer peace, self-discipline, well-guided heart, inner character and harmony

Quote of the day by Confucius explains how personal discipline can shape family life and influence society. The teaching, found in The Great Learning, presents a chain that begins with the heart, moves to personal conduct and family life, and then extends to leadership, social order and harmony. Its message focuses on responsibility, self-control and daily choices.

The Economic Times 12 Aug 2026 7:58 pm

Karnataka Cabinet reshuffle: CM DK Shivakumar allocates portfolios to 19 ministers

Karnataka Chief Minister DK Shivakumar allocated portfolios to nineteen ministers. Senior minister Ramalinga Reddy moved to Forest, Environment and Ecology. Health Minister UT Khader received additional charge of Minority Welfare. Ballari Rural MLA B Nagendra was allotted Planning and Statistics portfolio. AS Ponnanna was appointed political secretary with Cabinet rank.

The Economic Times 12 Aug 2026 7:57 pm

Chandra: pragmatist or martyr?

As the Tata Group prepares for leadership transition, the identity of Chandras successor, potentially T.V. Narendran, could signal a new chapter for the storied conglomerate.

The Hindu Businessline 12 Aug 2026 7:54 pm

Quarkitech raises 2 crore from Artha Access, Finvolve to develop sensor data compression solutions

The company will deploy the funds to develop a core compression algorithm library, designed to reduce sensor data at the source, before it is stored, processed, or transmitted

The Hindu Businessline 12 Aug 2026 7:53 pm

Why some people say take care instead of bye Psychology says the difference may reveal how they relate to you

Psychology suggests that the real challenge is not making decisions we will never regret. It is developing enough psychological flexibility to recognize when an old justification has stopped serving us, and allowing ourselves to choose differently without treating that change as an admission that we were foolish all along.

The Economic Times 12 Aug 2026 7:52 pm

EU, 26 countries condemn Iran's executions of protesters

The European Union and twenty-six nations have condemned Iran's executions of protesters. These countries urged Iran to listen to its people and respect human rights. They also called for an immediate end to the death penalty. Furthermore, the nations demanded the release of all arbitrarily detained individuals. This joint statement was announced by French Foreign Minister Jean-Noel Barrot.

The Economic Times 12 Aug 2026 7:50 pm

Nazi salutes at French synagogue: What happened to the Russian teen

A French court has sentenced a Russian man for performing Nazi salutes near a synagogue. He received eight months in prison and a permanent ban from France. A second man, a French national, also received a six-month prison sentence. The convictions address rising concerns over antisemitism in France. This ruling sends a clear message about consequences for extremist conduct.

The Economic Times 12 Aug 2026 7:50 pm

Key Largo used a sealed underwater habitat 22 feet below the surface to test prolonged human immersion; the result revealed a startling effect as a professor emerged after 100 days with his spine compressed and his height reduced by half an inch

Joseph Dituri spent 100 days underwater in a 100-square-foot habitat near Key Largo, Florida. The extreme experiment changed more than his routine. He reported being about half an inch shorter after resurfacing. His spine had adapted to prolonged pressure and confinement. The finding offers a striking lesson about the human body. Height is not always fixed. Pressure, gravity, movement and rest can all reshape how we measure ourselves.

The Economic Times 12 Aug 2026 7:49 pm

Reliance Brands signs pact to launch Fabletics activewear brand in India

The global activewear label will debut online before opening stores in New Delhi and Mumbai, offering women's and men's ranges under its partnership with Reliance Brands.

Business Standard 12 Aug 2026 7:48 pm

India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MD

India must double infrastructure investments to forty lakh crore rupees annually. This significant scaling up is crucial for achieving long-term economic growth ambitions. Manufacturing capital expenditure also requires substantial and continuous investment for sustainable growth. Growing domestic long-term savings will increasingly finance infrastructure and other long-duration assets. Financial institutions will need to originate projects and distribute exposure to other investors.

The Economic Times 12 Aug 2026 7:47 pm

In 1937, Amelia Earhart disappeared during her around-the-world flight. A new mission now aims to solve the 90-year-old mystery

An exciting new expedition is set to uncover the secrets of Nikumaroro Island in search of Amelia Earhart's missing aircraft. With researchers targeting a peculiar object identified in satellite images, they plan to utilize a hydraulic dredge to investigate this intriguing anomaly close to the lagoon. This quest holds the promise of revealing tangible evidence supporting the Nikumaroro survival theory, aiming to resolve one of aviation's most captivating mysteries.

The Economic Times 12 Aug 2026 7:46 pm