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I am so sorry: Lutnick apologizes for no Americans died in Iran war remark, Trump defends him
The popular idea of trees sending messages to one another through a forest is fascinating, but scientists caution against oversimplifying the process. VOC signalling can vary widely depending on the plant species, environmental conditions, chemical concentration, wind patterns and the specific properties of the compounds involved.
The quote of the day by Jenna DewanTheres a reason women are pregnant for nine months; by the end, youre ready to have this baby explores theStep Upstars thoughtful perspective on pregnancy, motherhood and the way time prepares us for lifes biggest changes. Her words offer a powerful reminder about patience, personal growth and embracing new beginnings.
Quote of the day by Lily Tomlin: American actress Lily Tomlin shared a quote about the challenge of staying relevant. She noted that finding interesting or funny commentary on current events is difficult. This reflects the unpredictable nature of creativity and the role of serendipity. Tomlin, known for Laugh-In and Grace and Frankie, has a celebrated career.
Mumbai (Maharashtra) [India], September 3: Red Hat, the world's leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2026 for India. This year, Red Hat recognises Adani Airport Holdings Limited, Bharti Airtel Ltd, Department of Information Technology & Communication (DoIT & C), Government of Rajasthan, and Indian Railway Catering and Tourism Corporation (IRCTC), Ministry Of Railways for their leadership through open source, demonstrating how open source technologies help organisations navigate complexity, modernise operations, and deliver sustainable growth.
Slice raising $100 million in first funding after becoming a bank
An extraordinary general meeting notice issued by Slice Small Finance Bank Ltd and reviewed by Mint shows that the lender is seeking shareholder approval to raise 485 crore through compulsorily convertible debentures and partly paid equity shares.
Carrefour re-enters India with Indian partner Apparel Group
Plans to open 50 stores in the next three years
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond yields, and geopolitical tensions. Despite strong domestic growth, near-term market direction hinges on global risks and crude oil volatility.
Sebi to review derivatives settlement price methodology after CAS volatility
Sebi will review derivative settlement prices after market feedback. The Closing Auction Session's impact on expiry-day settlement is a concern. Traders reported sudden option price swings during the auction window. This review follows the equity cash segment's Closing Auction Session introduction. A consultation paper on proposed changes will be issued soon.
Fosun Pharma plans to divest 5% equity in Gland Pharma through a Rs 2,279.5 crore block deal at Rs 2,763 per share. Gland Pharma reported a 47% rise in Q1FY27 profit and operates globally, with strong R&D and growth.
Gaurav Mathur, Vinay Pabbajoin InoxGroup
When Inox Neo EnergiesacquiredVena for 6,000 crore, it got VenasCountry Head, Monika Rathi into its fold, and made her its CEO
XTGlobal secures cloud engineering and services contract from U.S. State Govt.
XTGlobal Infotech announced its selection as a qualified technology partner under a multi-year Cloud Engineering and Technical Services program for a U.S. State Government technology authority. The agreement carries an initial two-year term with three additional one-year renewal options, creating a potential five-year contracting framework.
HCA Healthcare layoffs: Hospital cuts corporate and support jobs amid rising costs
The company did not disclose the exact number of jobs affected. HCA said the cuts come as hospitals across the US face changes in healthcare policy, rising costs and an increase in uninsured patients.
Prepare for stricter norms on ICE vehicles: Government to auto industry
Need to push electric in a big way, Tarun Kapoor, Advisor to the PM, says at the SIAM convention in New Delhi
Thales, Bharat Forge subsidiary sign pact to explore 70-mm rocket systems
The collaboration aims to create indigenous capabilities for domestic requirements and international opportunities while strengthening India-Belgium defence cooperation
UBL targets mid-teens growth as premiumisation, beer reforms aid outlook
United Breweries sees significant headroom in India's underpenetrated beer market, with premiumisation, state-level reforms and productivity measures driving growth
UltraTech Cement launches Ultravolt with 1,800 crore investment, targets No. 2 spot
The new business will initially roll out across more than 500 districts and 6,000 pin codes, supported by over 20 warehouses.
Arcil moves beyond buying bad loans, targets early-stage stress
Arcil has identified collections-as-a-service as a new business vertical in its draft red herring prospectus for its IPO
CEA suggests separate group of TPPs to reduce equipment stress during flexible operations
Constant ramp up and ramp down creates wear and tear in plant equipment like boilers and turbines
Solex sees strong momentum for solar modules
With executable order pipeline of Rs 846 cr till Dec'26
Indian Film Industry Became One of the Key Focus Areas of the Third Moscow International Film Week
New Delhi [India], September 3: The Third Moscow International Film Week has concluded in Moscow. The event took place from August 24 to 30 and featured premieres of Russian and international films, meetings with actors and filmmakers, business sessions, open-air screenings, tours of the Moscow film cluster's venues and children's events.
Hyundai expects EVs to account for 7-8% of sales next financial year
Automaker plans dedicated sub-four-metre electric model; targets 50 per cent combined share for EVs, hybrids and CNG vehicles by 2030
Companies not cutting jobs due to AI, nature of work changing: Microsoft
Microsoft India and South Asia President Puneet Chandok says the transition to AI requires new skills, ways of working and organisational structures across companies
Rajasthan Rera imposes penalty on Ashiana Housing
For delay in completion of 'Ashiana Dwarka' Phase-5 located at Jodhpur
NCLT steps in after 150 crore Byjus assets auctioned for 16 crore, orders status quo
The NCLT in Bengaluru has ordered a status quo on assets auctioned by Byju's parent company, TLPL, after disputes arose over ownership.
Construction equipment industry could return to double-digit growth if project spending accelerates
Krishnan mentioned that Volvo CEs strategy is increasingly focused on India-centric products and higher localisation
Kenyan Prez ousts Tata Chemicals from 100-yr-old soda-ash mineral operation
The president said he asked a unit of the Mumbai-based company o pack and go because it has been exporting soda ash rather than using it at local facilities to make glass and chemicals.
Nvidia buys AI platform Hugging Face from OpenAI in a $13 billion deal
Buying Hugging Face is the biggest move yet in Nvidia Chief Executive Officer Jensen Huang's push to broaden the uptake of AI and extend his customer list.
HCLTech, Transport for NSW partner to explore AI-driven traffic insights in India
HCLTech will explore the integration of Sarvams multilingual foundation models with SCATS. The initiative is aimed at enabling traffic operators, planners and engineers to query and analyse SCATS data in local Indian languages.
Constl secures $90 mn project financing led by NaBFID for fibre expansion
The company said the financing will support the rollout of greenfield fibre networks across emerging AI corridors in India and investments in next-generation network technologies
FCNRB deposits: Why bank investors should watch RoE, not just NIM
FCNR(B) deposits could boost banks return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions from reserve requirements, capital-efficient lending and longer tenors could improve returns. The brokerage analysed four scenarios, including deposit costs, leverage and rising rates, to assess the schemes benefits.
Several states including Punjab, Karnataka, Maharashtra, Madhya Pradesh, Himachal Pradesh, Gujarat and Chhattisgarh have already banned analogue paneer
New Delhi [India], September 3: Headquartered in Indiranagar, Bengaluru-based Mathapathi Constructions Private Limited is strategically expanding its footprint in the city's premium residential market. Incorporated in 2020, the company leverages decades of construction expertise to deliver high-quality residential projects.
For the Complete Man, suits are no longer enough
The apparel maker is reshaping its House of Brands around casualisation and premiumisation
Ceigall India receives LoI for transmission project worth Rs 5,300 cr
From REC Power Development and Consultancy
Melting Pot Food Products ropes in Chef Harpal Singh Sokhi as investor, brand ambassador
The partnership will see the celebrity chef contribute to product innovation, recipe development and restaurant-style Indo-Chinese cooking for households
Psychology says women who bruise without remembering why may have this surprising attention pattern
Psychology offers one possible explanation for why people may not remember this part of the experience. Attention is limited, and the brain does not constantly monitor every sensation or minor event occurring throughout the body.
Competition regulator issues cease-and-desist against Trustees Association of India
India's competition regulator issued a cease and desist order against four trustee firms. These entities were found to have engaged in cartelization and coordinated fee fixing. The Trustees' Association of India enforced a benchmark pricing structure for debenture trustees. This action restricted market supply and eliminated competitive choices for issuers. The regulator warned of aggravated consequences for any future recurrence of such conduct.
A small ceramic jug discovered in Russia's Kolomna has revealed more than 2,600 silver coins buried nearly 600 years ago. The remarkable hoard belonged to someone wealthy, but its owner never returned for the fortune. Archaeologists now have a chilling theory about what may have happened to the owner.
Manipur resettles 36,000 of 60,000 displaced people
Manipur's Chief Minister reported 36,000 internally displaced persons have been resettled. Twenty-four thousand displaced individuals still reside in various relief camps across the state. The government continues providing financial aid to nearly all displaced persons. Mental trauma support and livelihood initiatives are also being explored by the government. Restoring trust and economic activities remains a key focus for the administration.
Innovision secures Mangapatnam Fee Plaza toll collection contract of Rs 48.52 cr
A synthetic estrogen introduced into a Canadian lake caused a significant ecological shock. This chemical, present in tiny amounts, severely disrupted fathead minnow reproduction. Male fish exhibited hormonal changes and reproductive organ abnormalities after exposure. The fathead minnow population subsequently collapsed, with young fish disappearing. This experiment demonstrated how low contaminant concentrations can yield large ecosystem effects.
Why do people leave TV on for their dogs when they go out? Study has a surprising answer
Psychological studies suggest that the bond between humans and dogs can mirror strong attachment relationships. Dogs can provide comfort and emotional stability during challenging times. To make separation easier for their pets, owners often develop familiar goodbye rituals. These routines can offer reassurance and predictability, creating a sense of familiarity and care even when owners are temporarily away.
Mercedes-Benz plans to launch many more models in India, CEO Ola Kallenius says
Kallenius compared India with Germany, saying both offer the capabilities needed for a global technology-oriented OEM to thrive
In 1921, 14-year-old Philo Farnsworth found inspiration for electronic television while plowing a potato field in Idaho. His simple idea of scanning images line by line eventually became a breakthrough that helped shape the future of television. By the time he died, he had earned over 300 US and foreign patents.
Decentro Wins Three Industry Honours for Fintech Infrastructure Innovation and Leadership in 2026
Bengaluru (Karnataka) [India], September 3: Decentro, the full-stack banking and fintech infrastructure platform used by 2,000+ enterprises, has closed out its strongest award season to date. The company has been named Fintech Company of the Year at the India Fintech Awards 2026, hosted by the Unified Fintech Forum (UFF), and has won the Embedded Finance Innovation Award at the 4th Edition Bharat NBFC & FinTech Summit & Awards 2026. At the same summit, Founder and CEO Rohit Taneja was named Emerging Leader of the Year (Under 40).
The origin of DUSU: From a 1947 proposal to a campus political force
Delhi University Students Union began its journey just before India's independence. Early years saw financial and administrative challenges for the student body. A new constitution in 1973 established a detailed administrative structure. Subscription fees have seen several revisions over the decades.
In 1935, an extraordinary incident unfolded as approximately 175 rhesus monkeys broke free from Frank Buck's Jungle Camp, wreaking havoc along commuter train routes and leading to a major power outage. The local community rallied together, engaging in a weeks-long pursuit to retrieve the mischievous monkeys while offering financial incentives for their safe return.
Quote of the Day by Brad Pitt: Brad Pitts quote, Do you know how you tell real love? Its when someone elses interest trumps your own, explores the meaning of genuine love, selflessness, and putting another persons happiness and well-being before your own. The quote suggests that real love goes beyond personal desires and involves genuinely caring about someone elses needs, interests, and happiness. It highlights how love can be expressed through understanding, sacrifice, support, and the willingness to prioritize someone you deeply care about.
INR extends gains for fifth day in a row
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'You don't need 7 alarms to wake up': How to get up without snoozing single alarm
Keep hitting snooze even when you desperately want to wake up? The answer may be changing what happens around your alarm, not relying on willpower. From moving your phone across the room to using light and a more effective alarm sound, these five practical hacks can make waking up easier.
GREW Solar secures repeat order worth Rs 430 crore for solar modules
The company will supply G12R modules designed to deliver high energy generation, enhanced efficiency and consistent long-term performance.
Bengaluru: Govt to move 8,500 seized vehicles from police stations to vacant sites on city outskirts
The vehicles were seized by the Police Department in connection with various cases and could not be disposed of as the cases are pending before courts. Many have deteriorated over the years, occupying space inside police-station premises and spilling onto adjoining roads and footpaths.
Sensex, Nifty decline for fourth day as IT, auto stocks drag
The key equity benchmarks ended lower for the fourth consecutive session on Thursday, 3 September 2026, as gains in banking and realty stocks were offset by selling in IT, auto and other sectors.
NHAI launches monthly toll pass for 350: What is it, how to apply, who is eligible and more
National Highways Authority of India has recently launched a monthly pass for those commuting via National Highway. Priced at 350, the initiative aims at saving time and cost at toll plazas.
Swiggy enters travel segment with premium concierge offering CREW
The new offering follows a year of learnings from CREW, with travel emerging as the category showing strongest demand for convenience
The Shah Rukh Khans of the kitchen: Inside the world of chef-led micro-restaurants
Hidden doors, eight-seat counters, and months-long waitlistsIndias dining scene is going micro. Step inside the ultra-intimate, chef-led spaces where hyper-regional ingredients, high-margin economics, and immersive storytelling are trying to redefine the country's luxury culinary landscape.
Lexlegis.ai appoints Chaturvedi as Senior Vice President
Chaturvedi joins from LexisNexis, where he was Director Sales from April 2018
Indices tumble for 4th day; IT shares drop
IT, FMCG and auto shares declined while realty, media and private bank shares advanced.
Ceigall India rises after securing LoI for Rs 5,300-cr transmission project
Ceigall India rose 1.51% to Rs 345.70 after the company received a letter of intent (LoI) from REC Power Development and Consultancy (RECPDCL) for a power transmission project with an estimated total project cost of around Rs 5,300 crore.
RBI deputy governor Murmu urges NBFCs to diversify funding resources
A deeper, more liquid corporate bond market would help strengthen funding structures, while securitization should evolve beyond its role as a liquidity tool, Murmu said
Banks commit 24,000 crore to Aditya Birla Group for Shell renewables acquisition
The proposed financing comes as Indian banks compete for large corporate deals following a regulatory shift allowing acquisition funding.
Arcil IPO to open September 9 at 132139 price band
The company has fixed the price band at 132 to 139 per equity share, with a face value of 10 each
PayPal says 220 India employees affected in latest restructuring
Company disputes reports of larger job cuts; declines to provide details on impact on contract workforce
Hope balance between regulations, affordability continues in future: Maruti Suzuki India MD & CEO
Over the last many years, Takeuchi said the small-car segment declined significantly as rising regulatory costs made car ownership difficult for many first-time buyers
Uber's new 'Parcel Mini 3W' service in Bengaluru faces criticism for using passenger autos for goods delivery, which is illegal under Karnataka law. Gig workers threaten protests as they demand discontinuation of the service.
Kotak Alternate names Pushkar Jauhari as CEO for PE, VC arm
Pushkar Jauhari will lead investment strategy, fundraising, new investments, portfolio management and exits for Kotak Alternate's private equity and venture capital platform.
Dollar pullback, higher than expected Eurozone PPI keeps EUR/USD supported above $1.16 mark
The Euro surged to around $1.1613 following a fresh Eurostat report showing Eurozone Producer Price Index (PPI) inflation jumped 1.6% month-on-month in July. This will typically drive a more aggressive stance from the European Central Bank (ECB) at its upcoming monetary policy meeting. The single common currency rebounded from a two-week low on Thursday tracking a notable pull back in dollar as oil halted recent rally on signs of easing geo-political concerns. President Trump said the latest attacks on Iran would be short-lived, easing inflation concerns and reducing safe-haven demand for the greenback. In the Eurozone docket, Eurozone PMI data have failed to boost confidence in the Eurozone's economic outlook. S&P Global Eurozone Composite PMI came in at 52.0 in August 2026, broadly in line with the preliminary estimate of 52.1 and little changed from Julys eight-month high. However, Eurozone Services PMI was inched down to 51.6 in August of 2026 from 51.7 in the previous month.
Credlix crosses $1 bn in export financing for MSMEs, targets $10bn in five years
Moglixs trade-financing arm has backed more than 1,000 MSME exporters across India, Mexico, the US, West Asia and Singapore, as India seeks to make smaller businesses a larger part of global supply chains.
Deepak Fertilisers & Petrochemicals Corp Ltd leads losers in 'A' group
HFCL Ltd, Multi Commodity Exchange of India Ltd, Gravita India Ltd and eClerx Services Ltd are among the other losers in the BSE's 'A' group today, 03 September 2026.
IAMAI seeks sector-specific, phased framework for draft RPwD accessibility rules
IAMAI has urged the government to reconsider uniform accessibility obligations for persons with disabilities. They propose a sector-specific and phased framework for digital content and services. The industry body highlighted existing sector-specific rules for online curated content providers. IAMAI also raised concerns about proposed compliance timelines and existing frameworks. A proportionate approach is recommended after market and technology assessments.
Capri Global Capital receives ratings action from Moody's
Sensex, Nifty trade with small gains; media shares rally
Media shares advanced after declining in the past trading session.
CARE Ratings reaffirms ratings of Vimta Labs at 'A/A1' with 'stable' outlook
Vimta Labs said that CARE Ratings has reaffirmed the company's long-term rating at 'CARE A' with 'stable' outlook.
Inox Wind rises on 100 MW turnkey order from Indian Oil
Inox Wind rose 3.29% to Rs 72.91 after the company secured a repeat turnkey order from Indian Oil Corporation for a 100 MW wind power project, with a contract value of approximately Rs 755 crore.
Volumes spurt at Elecon Engineering Company Ltd counter
Elecon Engineering Company Ltd registered volume of 65.92 lakh shares by 14:14 IST on NSE, a 20.92 fold spurt over two-week average daily volume of 3.15 lakh shares
Autoline Industries surges after securing new contract from Tata Motors Passenger Vehicles
Autoline Industries jumped 10.99% to Rs 94.25 after the company announced that it has secured a new business award from Tata Motors Passenger Vehicles for the supply of critical components for SUV applications.
D B Corp Ltd down for fifth straight session
D B Corp Ltd is quoting at Rs 193.84, down 0.22% on the day as on 13:19 IST on the NSE. The stock tumbled 10.12% in last one year as compared to a 3.25% slide in NIFTY and a 3.87% spurt in the Nifty Media index.
VLCC raises 110 crore from BlackSoil Capital to support expansion
The Carlyle-backed beauty and wellness company will use the financing for new products, store network expansion and growth across services, personal care and international markets
Corporate stress remains benign despite IBC delays and deep haircuts: Kotak
India's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels support this positive outlook. However, the Insolvency and Bankruptcy Code faces ongoing delays and low recovery rates. Manufacturing leads sector contributions to resolution plans under the IBC. Recent reforms aim to improve resolution timelines and recovery outcomes for lenders.
Experienced travellers combine travel credit cards, local currency, and backup payment methods for international trips. Comparing exchange rates, forex markups, and acceptance influences payment choices abroad. SBI Card offers features like global acceptance and travel rewards for international journeys. Travellers should enable international transactions and verify credit limits before departing India. Paying in local currency often reduces overall transaction costs compared to Indian Rupees.
The plan is still in the early stages of exploration and the quantum of debt to be raised has not been decided.
Adani Group expands footprint in opposition-ruled states with projects worth Rs 5 lakh crore
Adani Group is investing significantly in infrastructure projects across various Indian states. The conglomerate is pursuing projects in roads, ports, and energy sectors. These initiatives aim to drive economic growth and create new employment opportunities. Governments are seeking private capital for development and job creation. Adani's expanding footprint highlights its role in national infrastructure development.
India stalls Alipay+ payments link over security, data concerns, sources say
India has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the primary reasons for this decision. The Indian government cited political grounds for halting the integration of the payment platforms. Law enforcement agencies also raised concerns about money laundering and data breaches.
Nearly 2,000 heavy electric trucks could hit Indian roads by FY27 as corporate fleets scale up
UltraTechs latest 600-truck plan adds to a growing pipeline of electric heavy trucks across cement, ports and logistics, according to data compiled by businessline
Need money urgently? Here's how to choose the right funding option.
Facing a financial emergency necessitates a strategic approach to funding resources. For SBI Credit Card users, features like Flexipay and Balance Transfer on EMI can alleviate immediate pressures. Although Cash Advance is available for urgent cash needs, it presents hefty charges; hence, it should be reserved for critical situations. Analyzing one's ability to repay, alongside differentiating between direct cash needs and payments to merchants, is key.
Aswath Damodaran disagrees with Vinod Khosla on the scaling vs profitability debate. Heres why
Aswath Damodaran has challenged Vinod Khoslas view that companies should prioritise scaling over profitability. Damodaran argues that the right balance depends on factors such as market size, competition, capital intensity and unit economics. He warns that blindly chasing scale can turn small business failures into larger ones and create unsustainable models.
Raipur (Chhattisgarh) [India], September 3: A new-generation Indian kitchen brand is emerging from Chhattisgarh with a vision to take forward a family business journey that began nearly eight decades ago.
SpiceJet plans to expand operations by adding 20 aircraft to its fleet by mid-November, aiming for 200 daily flights during the winter season. The budget carrier will expand capacity with 15 Boeing and five Airbus planes.
Maharashtra Charity Commissioner closes complaint over 833 Tata Sons shares transferred in 1989
The Maharashtra Charity Commissioner has dismissed a complaint against the Tata Trusts. The complaint questioned a 1989 share transfer from Navajbai Ratan Tata Trust. The Commissioner found the sale was necessitated by statutory compulsions and properly documented. Consideration received was based on an agreed valuation and resulted in a profit. The Commissioner noted the complainant's conduct was unbecoming of a trustee.
