29 C 
As country's AI talent gap grows, investors step in to help companies hire
A notable shortage of skilled talent in artificial intelligence roles is challenging Indian companies. The need for qualified AI engineers is soaring, far surpassing the available workforce. This increasing demand is fueling investor interest in startups aiming to attract vital tech expertise. Theres a significant uptick in hiring mid-to-senior professionals at global capability centers, as AI and machine learning sectors demonstrate consistent growth year-on-year.
PM Modi, Ram Nath Kovind attend President Murmu's Independence Day 'at home' reception
President Droupadi Murmu hosted the Independence Day reception at Rashtrapati Bhavan. Vice President and Prime Minister Modi were among the distinguished guests present. The event began with patriotic renditions and honored national heroes. India celebrated its Independence Day after gaining freedom from British rule. The day also marked a historic first rendition of Vande Mataram at Red Fort.
Watch! PM Modi, ministers and diplomats attend President Murmu's 'At Home' reception | 80th I-day
Political differences should never run into animosity, says Nawaz Sharif amid acrimony with PPP
Nawaz Sharif called for a cessation of political hostility among parties, responding to grievances from the PPP regarding the recent elections in Pakistan-occupied Kashmir. The PPP accused the elections of being marred by rigging and violence following the announcement of results. India perceives these elections as a maneuver to mask ongoing human rights abuses, with protests erupting over contentious seats and perceived interference from establishment forces.
Agastya Energy announces 7,800 cr expansion into integrated ingot, wafer manufacturing
PhonePe widens lead as UPI transactions climb to 23.66 billion in July
Paytm remained the third-largest player. Its monthly transaction count increased to 1.90 billion from 1.80 billion in June
Reliance, Rolls-Royce team up for Indias advanced fighter jet engine programme
The proposed collaboration comes as India seeks greater self-reliance in defence technology and prepares to develop next-generation twin-engine combat aircraft
Mumbai (Maharashtra) [India], August 15: Indian filmmaker V R Bhagat is set to represent India at the 83rd Venice International Film Festival with his directorial debut, Flower of Life, marking a significant international milestone for the filmmaker and the team behind the film.
Belrise Industries eyes expansion after 1,700-crore QIP, Hyva deal; Q1 PAT rises 9%
Auto-component maker Belrise Industries is stepping up its expansion drive after raising 1,700 crore through a QIP in July and acquiring Hyva Indias tipper business, as it looks to broaden its portfolio into larger vehicle systems, EV localisation and non-auto businesses including renewable energy
Anish Shah-led Mahindra renews global push after cutting losses
Mahindra wants to pursue a two-pronged strategy: expanding in global markets while simultaneously increasing volumes in the domestic market
New Delhi [India], August 15: The Board of Directors of Jinkushal Industries Limited (Jinkushal or he Company), at its meeting held today, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS).
Amazon brings back no class-action clause: Why customers may have to fight disputes outside court
Amazon has reinstated a user agreement clause that may hinder class-action lawsuits against it, requiring customers to resolve disputes outside court.
Researchers developed a new molecule for recovering gold from electronic waste. This molecule uses electricity to drive the separation process, removing chemical steps. It selectively binds metal ions and carries a permanent electrical charge. This innovation significantly reduces chemical consumption and waste generation.
Ratan Lal Jain Joins Hands with Pranjal Dahiya for New Music Release 'Shonk'
Mumbai (Maharashtra) [India], August 15: Music producer and entrepreneur Ratan Lal Jain has collaborated with popular performer Pranjal Dahiya for the latest music release 'Shonk', sung by Abraam. The song brings together established names from the contemporary music scene and marks another addition to Jain's expanding portfolio in India's independent music and digital entertainment space.
Quote of the Day by Antonio Banderas: Antonio Banderass quote, One thing I have clear is that I dont want to work for money anymore, explores the importance of finding purpose and fulfillment beyond financial success. The quote suggests that work should not be driven solely by money, but should also bring meaning, passion, personal satisfaction, and a sense of purpose into a persons life.
Scorpio Lifestyler to be launched by April 2027; starting price below 19.79 lakh ex-showroom
The Scorpio Lifestyler is set to make its debut by April 2027, with India prices starting below 19.79 lakh ex-showroom
Iran appeals to ICRC over pilots it says Qatar is holding
Iran's Armed Forces General Staff appealed to the Red Cross for pilot release. They claim three Iranian pilots are being held by Qatar authorities. These pilots were reportedly held after their aircraft were hit during a mission. The mission targeted what Iran described as an enemy military base. Qatari authorities have not yet confirmed the incident or the pilots' detention.
BMW Industries net profit jumps 26% in Apr-Jun quarter to 19.04 cr
The company had clocked a net profit of 15.14 crore in the April-June period of the preceding 2025-26 fiscal
With no nominee from Sir Ratan Tata Trust, Tata Sons AGM next week may not happen: Report
The Tata Sons AGM on 18 August may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, PTI reported.
India Inc backs PM Modi's I-Day address, vows to boost investment, jobs
India Inc on Saturday welcomed Prime Minister Narendra Modi's Independence Day address, saying it looks forward to working with the government to translate his announcements into actionable programmes to boost investment, jobs, innovation and manufacturing. Chandrajit Banerjee, Director General, CII, said, As we mark 80 years of Independence, Prime Minister Narendra Modi's address puts people, sustainability and India's global strengths at the centre of our development journey. His call for Atmanirbhar Bharat, Make in India and Vocal for Local reflects our growing confidence to build a self-reliant, future-ready nation, one that has moved from being among the 'Fragile Five' to the world's fastest-growing major economy in just over a decade. Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance, Banerjee stated. Agriculture and food processing stand out as a real opportunity: with
Patanjali Foods Q1 result: Profit jumps 86% to 336 crore on higher income
Patanjali Foods Ltd has reported an 86 per cent increase in its consolidated net profit to Rs 335.73 crore in the quarter ended June, backed by higher total income. Its net profit stood at Rs 180.35 crore in the year-ago period. Total income rose to Rs 11,341.89 crore during the first quarter of this fiscal from Rs 8,779 crore in the corresponding period of the preceding year, according to a regulatory filing. Edible oil business contributed Rs 8,504 crore revenue during the April-June period of the 2026-27 fiscal, while the FMCG vertical accounted for Rs 2937.74 crore of the total revenue. Incorporated in 1986, Patanjali Foods Limited is one of the leading edible oil companies in the country. The company operates in the Edible Oils, FMCG, and Wind Power Generation segments. It sells products under different brands like Patanjali, Ruchi Gold, Nutrela, Dant Kanti, Mahakosh, Sunrich, etc. During the 2025-26 fiscal, the company's net profit grew to Rs 1,814.47 crore from Rs 1,300.70
EaseMyTrip plunges into red, logs June quarter net loss at 11.69 cr
EaseMyTrip had posted a net profit of 44.3 lakh in the corresponding year-ago period
Madhusudan Kelas portfolio: 7 stocks rally up to 135% in CY26
Madhusudan Kela
Jinkushal Industries consolidated net profit declines 59.36% in the June 2026 quarter
Sales rise 15.87% to Rs 56.57 crore
Suvidhaa Infoserve reports consolidated net loss of Rs 1.91 crore in the June 2026 quarter
Sales rise 135.29% to Rs 2.40 crore
Panorama Studios International consolidated net profit rises 165.95% in the June 2026 quarter
Sales rise 34.26% to Rs 183.07 crore
Rajesh Exports reports consolidated net profit of Rs 47.19 crore in the June 2026 quarter
Sales rise 82.71% to Rs 240335.72 crore
Fischer Medical Ventures consolidated net profit declines 22.02% in the June 2026 quarter
Sales rise 249.49% to Rs 81.92 crore
Orchid Pharma reports consolidated net profit of Rs 3.22 crore in the June 2026 quarter
Sales rise 15.57% to Rs 304.17 crore
Retro Green Revolution reports consolidated net loss of Rs 0.06 crore in the June 2026 quarter
Sales decline 93.44% to Rs 0.04 crore
Udayshivakumar Infra reports standalone net profit of Rs 2.46 crore in the June 2026 quarter
Sales decline 20.48% to Rs 46.25 crore
VCU Data Management reports standalone net loss of Rs 0.02 crore in the June 2026 quarter
Reported sales nil
Axis Max Life Insurance standalone net profit rises 21.38% in the June 2026 quarter
Sales rise 18.65% to Rs 7344.03 crore
Konndor Industries reports standalone net loss of Rs 0.02 crore in the June 2026 quarter
Reported sales nil
Surya Chakra Power Corporation reports standalone net loss of Rs 0.06 crore in the June 2026 quarter
Reported sales nil
Nilachal Refractories reports standalone net loss of Rs 0.55 crore in the June 2026 quarter
Reported sales nil
Suraj Products standalone net profit rises 46.62% in the June 2026 quarter
Sales rise 8.67% to Rs 87.70 crore
India Inc backs Modis Independence Day push, vows to turn vision into action
Industry leaders welcomed Prime Minister Modi's Independence Day address. The Prime Minister outlined seven key areas for national development. These streams aim to boost manufacturing, agriculture, and technological innovation. India Inc expressed readiness to invest in strategic sectors for growth. The nation anticipates achieving developed status by 2047.
Need one or two Indian pharma firms to be among global top 5: PM Modi
Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion dollars in 2024-25. Sun Pharmaceutical Industries is poised to become a leading global player after an acquisition.
India's men's and women's hockey teams commence their World Cup journeys on August 15 and 16. Both squads compete in Pool D, facing strong international opposition in their opening matches. Captain Harmanpreet Singh leads the men's team, aiming for a historic World Cup victory. The women's team, under Salima Tete, also seeks a strong performance in the tournament. Live streaming and television coverage will be available for fans across India.
Tata Sons AGM on Aug 18 may not happen as SRTT has no representative
The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, people familiar with the matter said. The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. Tata Sons has not communicated any change in the scheduled AGM date to shareholders, the people said. Latest indications are that the company plans to proceed with the meeting but could adjourn it if the required quorum is not achieved. The problem stems from the inability of the Sir Ratan Tata Trust (SRTT) - which holds a 23.56 per cent stake in Tata Sons - to hold a board meeting because of an order issued by the Maharashtra Charity Commissioner in May pending an ..
Hazoor Multi Projects bags Thirupapachethi fee plaza toll collection contract
Brigade Enterprises sales bookings dip 5% to 1,061 crore in Apr-Jun
Realty firm Brigade Enterprises Ltd's sales bookings fell 5 per cent to Rs 1,061 crore during the first quarter of this fiscal on lower volumes. Its sales bookings or pre-sales stood at Rs 1,118 crore in the year-ago period. In its latest investor presentation, the company said it achieved pre-sales of Rs 1,061 crore with a volume of 0.74 million sq ft in the April-June quarter of the 2026-27 fiscal. The sales volumes dropped 22 per cent from 0.94 million sq ft in the first quarter of the last financial year. However, the average sales realisation stood at Rs 14,256 per sq ft during the June quarter, a growth of 21 per cent over the year-ago period. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country. Recently, the company reported a 37 per cent increase in its consolidated net profit to Rs 216.94 crore for the quarter ended June. Its net profit stood at Rs 157.95 crore in the year-ago period. Total income fell to Rs 1,179.22 crore in
IPO rush: 5 companies to raise Rs 5,499 crore next week; Shiprocket, 4 others to list
Indias IPO market enters another busy week, with five companies set to raise Rs 5,499.32 crore between August 17 and 21. Horizon Industrial Parks leads fundraising, while five recently completed IPOs, including Shiprocket, are scheduled to list.
Tata Sons AGM may not happen next week
The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February
New Delhi [India], August 15: The IIT Alumni Council will host the World Wisdom Connect (wwCONNECT) in New Delhi on 23 August 2026. For this event, the Council will select and invite India's top young thought leaders to present their recommended pathways for Viksit Bharat 2047.
Indias AI app race heats up as Claude surges and Gemini closes in on ChatGPT
Claude's downloads and spending in India surged significantly in the June quarter. ChatGPT continues to dominate consumer spending on AI applications. Gemini is rapidly gaining user attention and engagement across the market. India's generative AI platforms are increasingly competing for dominance. The market shows rapid shifts in downloads, engagement, and spending.
NIBE secures defence order worth Rs 563.35 cr
For supply of loiter munition system
Crusading India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown
The latest raids targeting the quick commerce sector, where companies deliver groceries within minutes, come after the state's new food safety head shut some of Mumbai's most popular eateries for poor hygiene
Independence Day 2026: The companies India built for business backbone have entered a new chapter
2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The government is increasingly selling stakes in state-owned companies to raise capital. This shift reflects a changing role from direct ownership to strategic shareholding. Public sector enterprises remain vital in key strategic and infrastructure sectors. The future focuses on optimizing ownership rather than complete divestment.
BEML receives order worth USD 6.65M from Mauritius
For supply of BE220G hydraulic excavators
Hazoor Multi Projects secures Madangundi Fee Plaza toll collection contract
Mahindra launches new BE 6 SPORTEQ series
Mahindra today introduced the BE 6 SPORTEQ, an all-new series that marks the next evolution of its acclaimed electric origin SUV.
Ceinsys Tech receives registration as a Google Cloud Partner
Ceinsys Tech has been registered as a Google Cloud Partner across the following engagement areas:
UPL announces acquisition of Hytech Egypt
Hytech USA is a holding company and controls Misr Hytech Seed International S.A.E. (Hytech Egypt), which is the operating target entity ultimately being acquired by Advanta BV through the acquisition of Hytech USA.
Mutual funds increased holdings in 10 leading Indian companies during the June quarter, with ICICI Bank and HDFC Bank seeing the largest value additions. All 10 stocks gained, led by Adani Enterprises, InterGlobe Aviation and Bajaj Finance during the quarter.
Hyderabad Drone Startup AkinAnalytics Launches Indigenous NIKA2 Kisan Medium Drone for Farmers
Hyderabad (Telangana) [India], August 15: Hyderabad-based women-led DeepTech and Defence Technology startup AkinAnalytics has launched its indigenous NIKA2 Kisan Medium Drone, strengthening its focus on technology-led solutions for farmers and other field-intensive industries.
Sony Pictures India to launch its Tamil GEC in October
The channel will bring together original fiction, global reality formats, movies and tentpole entertainment across television and digital platforms
Independence Day 2026: 4 stocks that have been part of Sensex since inception. Do you own any?
Four companies
Three key milestones on the road to financial freedom
Financial freedom is built gradually through understanding, systematic investing and patience. Three milestonesmoving from consumption to conviction, investing consistently and creating a financial legacycan help investors build wealth, stay disciplined through volatility and align money with long-term goals.
Government reduces export duty on petrol to nil; diesel and ATF duty also reduced
The government has been taking a fortnightly review to ensure domestic availability of the retail fuels
K G Denim reports consolidated net profit of Rs 8.60 crore in the June 2026 quarter
Sales decline 64.71% to Rs 4.86 crore
MSL Global reports consolidated net loss of Rs 1.06 crore in the June 2026 quarter
Sales reported at Rs 0.04 crore
Ironwood Education reports consolidated net profit of Rs 0.85 crore in the June 2026 quarter
Sales rise 4716.67% to Rs 11.56 crore
Pet Plastics reports consolidated net loss of Rs 6.02 crore in the June 2026 quarter
Sales rise 2048.00% to Rs 26.85 crore
Afcom Holdings standalone net profit rises 86.06% in the June 2026 quarter
Sales rise 48.12% to Rs 176.10 crore
Susan Electricals India reports standalone net profit of Rs 6.39 crore in the June 2026 quarter
Sales rise 279.01% to Rs 95.36 crore
Narmada Agrobase standalone net profit declines 26.47% in the June 2026 quarter
Sales rise 100.90% to Rs 22.26 crore
Riddhi Corporate Services standalone net profit declines 66.67% in the June 2026 quarter
Sales decline 51.41% to Rs 52.05 crore
Kanungo Financiers reports standalone nil net profit/loss in the June 2026 quarter
Reported sales nil
Haria Apparels standalone net profit declines 12.50% in the June 2026 quarter
Sales decline 3.09% to Rs 0.94 crore
Vaswani Industries standalone net profit declines 78.79% in the June 2026 quarter
Sales rise 3.07% to Rs 117.79 crore
Omkar Speciality Chemicals reports standalone net loss of Rs 0.36 crore in the June 2026 quarter
Reported sales nil
Thirani Projects reports standalone net loss of Rs 2.75 crore in the June 2026 quarter
Sales rise 13.64% to Rs 0.25 crore
Vaxfab Enterprises reports standalone net loss of Rs 5.84 crore in the June 2026 quarter
Sales decline 97.25% to Rs 0.40 crore
Omni Ax's Software reports standalone net loss of Rs 0.06 crore in the June 2026 quarter
Reported sales nil
Ortin Global reports standalone net loss of Rs 0.34 crore in the June 2026 quarter
Sales decline 75.00% to Rs 0.01 crore
Ambica Agarbathies Aroma & Industries standalone net profit declines 2.63% in the June 2026 quarter
Sales decline 18.22% to Rs 24.65 crore
Muzali Arts reports standalone nil net profit/loss in the June 2026 quarter
Reported sales nil
Pithampur Poly Products reports standalone net loss of Rs 0.04 crore in the June 2026 quarter
Sales rise 23.08% to Rs 0.16 crore
Nutraplus India reports standalone net profit of Rs 0.02 crore in the June 2026 quarter
Reported sales nil
DSJ Keep Learning standalone net profit declines 66.67% in the June 2026 quarter
Sales decline 22.14% to Rs 2.11 crore
Haria Exports reports standalone net loss of Rs 0.01 crore in the June 2026 quarter
Reported sales nil
Maxgrow India reports standalone nil net profit/loss in the June 2026 quarter
Reported sales nil
Dolphin Medical Services standalone net profit declines 33.33% in the June 2026 quarter
Sales rise 23.53% to Rs 0.21 crore
Saraswati Saree Depot standalone net profit rises 4.09% in the June 2026 quarter
Sales rise 1.95% to Rs 147.59 crore
Ajooni Biotech standalone net profit declines 44.87% in the June 2026 quarter
Sales rise 103.04% to Rs 63.49 crore
Danube Industries standalone net profit declines 16.67% in the June 2026 quarter
Sales decline 32.17% to Rs 17.33 crore
Art Nirman reports standalone net loss of Rs 0.20 crore in the June 2026 quarter
Sales rise 40.67% to Rs 2.11 crore
Mitsu Chem Plast standalone net profit rises 567.18% in the June 2026 quarter
Sales rise 11.57% to Rs 95.15 crore
