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Mastek Ltd leads gainers in 'A' group

Just Dial Ltd, Tejas Networks Ltd, Ather Energy Ltd and Tata Teleservices (Maharashtra) Ltd are among the other gainers in the BSE's 'A' group today, 28 August 2026.

Business Standard 28 Aug 2026 12:04 pm

Chinas red lines for Indias auto industry emerge despite hopes of thaw

While Chinese battery technology remains difficult to access, Indian automakers and component makers are finding workarounds to rare-earth magnet restrictions.

Livemint 28 Aug 2026 12:04 pm

Ola Electric launches all-new S1Z powered by its indigenous Bharat Cell LFP technology

Ola Electric Mobility today announced the launch of the all-new S1Z, the first scooter range in India to bring the company's indigenously developed Bharat Cell LFP technology to the mass market. The S1Z brings Ola's indigenous 46 series LFP cell platform technology, developed at its Battery Innovation Centre and manufactured at the Ola Gigafactory, to its most accessible scooter range, for the country's largest EV buying segment.

Business Standard 28 Aug 2026 12:04 pm

Tejas Networks spurts after receiving Rs 1,537 crore BSNL 4G order from TCS

Tejas Networks jumped 8.49% to Rs 554.20 after the company received a Letter of Intent (LoI) from Tata Consultancy Services (TCS) for the supply of equipment for BSNL's 4G mobile network.

Business Standard 28 Aug 2026 11:50 am

Yen climbs ahead of Warsh's Jackson hole speech

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Business Standard 28 Aug 2026 11:50 am

Indices trade with minor gains; media shares jump

Market participants remained focused on the upcoming speech by Kevin Warsh who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications on the US central banks monetary policy outlook.

Business Standard 28 Aug 2026 11:50 am

Wacker Chemie AG partners with HCL Technologies to set up Global Capability Center in Pune

HCL Technologies (HCLTech) announced that Wacker Chemie AG, a global chemicals and biotechnology company, has recently established a Global Capability Center in Pune, India in collaboration with HCLTech.

Business Standard 28 Aug 2026 11:50 am

Government has taken up measures to ensure adequate availability of onions at affordable prices

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Business Standard 28 Aug 2026 11:31 am

Yes Madam Marks Raksha Bandhan with 0% Commission for Over 10,000 Service Partners

Noida (Uttar Pradesh) [India], August 28: Yes Madam, India's leading at-home salon and wellness platform, has announced 0% commission for its network of over 10,000 service partners on the occasion of Raksha Bandhan. As part of the initiative, every Yes Madam service partner will retain 100% of their earnings from bookings completed on Raksha Bandhan.

Business Standard 28 Aug 2026 11:30 am

Who is Peyman Kargar? TVS Motor shuffles top role All about the automaker's new CEO and Director

TVS Motor Company named Peyman Kargar as CEO and Director. Learn more about the automaker's new chief executive officer

Livemint 28 Aug 2026 11:20 am

HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?

Indian IT stocks surged sharply, led by gains in largecap names, after Nvidias strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector.

The Economic Times 28 Aug 2026 11:19 am

Tejas Networks shares zoom 13% after TCSs Rs 1,537-crore LOI for BSNL 4G rollout

Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNLs indigenous 4G rollout. The proposed project covers 18,685 sites, adding to Tejas Networks role in the telecom operators nationwide 4G network deployment.

The Economic Times 28 Aug 2026 11:16 am

Hyperscale data center operator Yotta set for IPO very soon, eyes valuation of $6 billion

Chairman Darshan Hiranandani announced that Yotta Data Services is in discussions to enter capital markets soon. The company targets a $6 billion valuation and aims to raise $900 million through an IPO, focusing on expanding its AI infrastructure and services.

Livemint 28 Aug 2026 11:13 am

4,000% options surge in 15 mins highlights Indias wild closing auction system

Indias new closing-auction system is triggering extreme volatility in the options market, with prices swinging sharply within minutes. During the first monthly expiry under the new system at BSE, a Bankex put option surged nearly 4,000% from Rs 1.70 to Rs 68.55 before crashing to zero, all within 15 minutes, highlighting the risks of compressed end-of-day trading.

The Economic Times 28 Aug 2026 11:07 am

Tempsens Instruments makes a sizzling debut

Tempsens Instruments (India) traded at Rs 591.70 on the BSE, a 97.23% premium to the issue price of Rs 300.

Business Standard 28 Aug 2026 11:05 am

RailTel Corp bags Rs 39-cr order from Cotton Corporation of India

RailTel Corporation of India announced that it has secured a work order worth Rs 38.59 crore from the Cotton Corporation of India (CCI) for cloud data centre services.

Business Standard 28 Aug 2026 11:05 am

Ather Energy surges as Hero MotoCorp to hike stake to 32.8%

Ather Energy surged 4.83% to Rs 1,567.50 and Hero MotoCorp rose 1.05% to Rs 5,608.50 after Hero MotoCorp's board approved the purchase of additional shares in Ather Energy.

Business Standard 28 Aug 2026 11:05 am

US markets supported as tech stocks soar

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Business Standard 28 Aug 2026 11:05 am

Peyman Kargar set to be new CEO of TVS Motor from Jan 2027

He will succeed K. N. Radhakrishnan, who will continue in his role until then to ensure a seamless transition

The Hindu Businessline 28 Aug 2026 11:04 am

Yatharth Hospital shares jump 5% as Aster, Advent likely eye controlling stake

Yatharth Hospital shares jumped over 5% after reports that Aster DM Quality Care, backed by Advent International and Blackstone, is negotiating to acquire a controlling stake in the hospital chain. Yatharth denied being in any sale discussions, while the stock hit a fresh 52-week high and has gained around 50% in 2026.

The Economic Times 28 Aug 2026 10:53 am

Om Power Transmission bags Rs 13-cr order from GETCO

Om Power Transmission announced that it has received a Letter of Intent (LoI) worth Rs 12.78 crore from Gujarat Energy Transmission Corporation (GETCO) for laying, erection, testing and commissioning of 66 kV underground cables.

Business Standard 28 Aug 2026 10:53 am

Symbiotec Pharmalab IPO ends with 71.26 times subcription

The offer received bids for 93.52 crore shares as against 1.31 crore shares on offer.

Business Standard 28 Aug 2026 10:53 am

Hy-Tech Engineers IPO ends with 244.41 times subscipton

The offer received bids for 443.49 crore shares as against 1.84 crore shares on offer.

Business Standard 28 Aug 2026 10:53 am

Nifty trades above 24,150 mark; IT shares surge

Market participants remained focused on the upcoming speech by Kevin Warsh who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications on the US central banks monetary policy outlook.

Business Standard 28 Aug 2026 10:52 am

Sterlite Technologies transitions to 100% green power glass manufacturing operations

Sterlite Technologies (STL), recently, has moved a significant share of its electricity sourcing away from conventional fossil-fuel-based grid power to '100% Green Power' generated from wind and solar sources. The transition covers four of the company's four manufacturing plants in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The shift has been enabled through Maharashtra State Electricity Distribution Company (MSEDCL). This transition is expected to deliver a ~65% market-based scope 2 emission reduction in OF & OFC plants, representing a significant reduction in the emissions across participating plants.

Business Standard 28 Aug 2026 10:51 am

Indias flex workspace market records strongest H1 as seat leasing jumps 68%: Cushman & Wakefield

Indias flexible workspace sector posted its strongest-ever first half in 2026, with operators leasing 191,306 seats across the countrys top eight cities, up 68.4% year-on-year. Flex operators also recorded 8.4 million sq ft of leasing, accounting for nearly 20% of total office leasing activity.

The Economic Times 28 Aug 2026 10:49 am

Noel Tata, Shapoorji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring a deal where SP Group could receive shares in Tata Power Co. in exchange for part or all of its 18.4% stake in Tata Sons Pvt

The Hindu Businessline 28 Aug 2026 10:48 am

Noel Tata, Shapoorji Pallonji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons

Business Standard 28 Aug 2026 10:42 am

IPO investors waited 609 days for a stock to double on debut. Tempsens Instruments ends the drought

Tempsens Instruments ended a 609-day drought in Indias mainboard IPO market, delivering a 111.3% listing gain on debut. The Rs 650 crore issue listed at Rs 634 against an issue price of Rs 300. While listing gains have improved in 2026, retail investors have become increasingly selective.

The Economic Times 28 Aug 2026 10:36 am

INR losses likely to be capped by easing oil prices and positive equities

The Indian rupee fell 10 paise to 95.55 against the US dollar in early trade on Friday, weighed by FII outflows and sustained disruptions in global crude oil supplies. However, a marginally weaker greenback and a fall in global crude oil prices to levels below USD 90/barrel prevented a sharper decline in the local unit. At the interbank foreign exchange, the rupee opened at 95.54 against the greenback before slipping further to 95.55, down 10 paise from its previous close. Meanwhile, local equities opened on a positive note on Friday after two straight sessions of losses, supporting gains in the local unit. Underlying sentiment was helped by expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the Middle East war. The BSE SENSEX was up 309.46 points (+0.40%) at 77,243.05 and the NSE NIFTY 50 was up 59.30 points (+0.25%) at 24,150.15.

Business Standard 28 Aug 2026 10:32 am

A 10% gold rally could create $400 billion in wealth for Indians. Jefferies names stocks set to benefit

Jefferies sees a 10% gold rally unlocking $2025 billion in gold-backed loans and boosting household wealth by $400 billion, with Manappuram Finance its top pick.

The Economic Times 28 Aug 2026 10:27 am

Ather Energy shares rally 4% as Hero MotoCorp plans Rs 1,758 crore investment

Ather Energy shares gained nearly 4% after Hero MotoCorp announced an investment of up to Rs 1,758 crore to raise its stake in the electric two-wheeler maker to around 32.8%. Athers turnover has more than doubled in two years, while the stock has surged around 260% over the past year and continues to show a bullish technical setup.

The Economic Times 28 Aug 2026 10:24 am

Skyways Air IPO allotment likely today; GMP at 32%. Heres how to check status

Skyways Air IPO allotment is expected to be finalised today after the Rs 582.8 crore issue received an overwhelming 71.25 times subscription. With the grey market premium at around 32%, investors are eyeing potential listing gains ahead of the companys September 1 debut on the NSE and BSE.

The Economic Times 28 Aug 2026 10:21 am

Explained | Why HDFC Bank is set to challenge NCLT order for Subhash Chandra and whats the entire case

HDFC Bank has opposed the National Company Law Tribunal's (NCLT) repayment plan for Zee Group founder Subhash Chandra, allowing creditors to receive around 6.5 crore against admitted claims of 22,006.57 crore. Here's all you need to know about the case.

Livemint 28 Aug 2026 10:20 am

Yatharth Hospital jumps on reports Aster, Advent eye controlling stake

Yatharth Hospital & Trauma Care Services rose 5% to Rs 1,021.65 after a report said Advent International and Blackstone-backed Aster DM Quality Care were in discussions to acquire a controlling stake in the hospital chain.

Business Standard 28 Aug 2026 10:16 am

Tenbaggers on Dalal Street! 19 stocks that rallied more than 1,000% in 5 years

In a remarkable display of growth, 19 Indian stocks surged beyond 1000 percent in just 5 years. Leading the pack, GE Vernova T&D skyrocketed over three thousand percent. Investors also benefited from significant gains in BSE and Apar Industries, while demand from the defense sector propelled Zen Technologies and Mazagon Dock Shipbuilders to unprecedented heights. These impressive performances highlight the positive industrial and infrastructure trends shaping the market.

The Economic Times 28 Aug 2026 10:06 am

Vodafone Idea shares jump over 120% in one year. Should you buy now or avoid the multibagger?

Vodafone Idea's shares have witnessed an impressive rise of over 120 percent in the last year, fueled by a reduction of the company's adjusted gross revenue dues by the government. The return of Kumar Mangalam Birla as non-executive chairman has further strengthened investor faith. Additionally, the company has secured initial funding for its network expansion strategy, although analysts remain divided, with some forecasting additional growth opportunities.

The Economic Times 28 Aug 2026 10:04 am

Paluck Technologies, Complete Sports, Management SME IPOs open today. Heres what GMPs indicate

Paluck Technologies and Complete Sports and Management Indias SME IPOs opened for subscription on August 28, 2026, and will close on September 1. While Paluck Technologies Rs 33 crore issue commands a GMP of around 52%, Complete Sports and Managements Rs 74.93 crore IPO has no reported GMP.

The Economic Times 28 Aug 2026 10:01 am

Holy trinity! Promoters, FIIs and mutual funds raised stakes in these 9 stocks; 3 turned multibaggers

A collective surge in investment from promoters, foreign institutional investors (FIIs), and mutual funds has been observed in nine Indian stocks. Among these, Cupid topped the list with an impressive 732% return over the past year, followed by noteworthy performances from United Foodbrands and Yasho Industries. Stocks like Welspun Living and Zydus Wellness also showed encouraging one-year returns, reflecting a blend of momentum and contrarian investment tactics.

The Economic Times 28 Aug 2026 9:55 am

Indices drift higher; market breadth positive

Market participants remained focused on the upcoming speech by Kevin Warsh who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications on the US central banks monetary policy outlook.

Business Standard 28 Aug 2026 9:50 am

Annu Projects IPO Day 4: Subscription status, GMP at 7%. Should you subscribe?

Annu Projects IPO entered its final day with 88% subscription on Day 3, while its grey market premium rose to 7%, signalling modest listing gains. The Rs 175.06 crore issue comprises entirely fresh shares and closes on August 28, with investors tracking final subscription levels and GMP ahead of the September 2 listing.

The Economic Times 28 Aug 2026 9:49 am

Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?

Lumino Industries Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 1.42 times on Day 1 and the grey market premium rising to 68%. The IPO comprises a Rs 500 crore fresh issue and a Rs 200 crore OFS, while Anand Rathi has assigned a Subscribe - Long Term rating, citing the companys strong order book, financial performance and exposure to power infrastructure.

The Economic Times 28 Aug 2026 9:45 am

Wipro shares gain 2% after IT major expands Google Cloud AI partnership. What investors should know

Wipro's stock experienced an uptick following its announcement of an enhanced partnership with Google Cloud. The goal of this collaboration is to foster greater enterprise integration of Gemini Enterprise and agentic AI. Wipro plans to arm over ten thousand AI-certified professionals with cutting-edge resources, while launching the LIFT framework to streamline AI transformations, aiming to evolve from mere automation to fully autonomous AI capabilities.

The Economic Times 28 Aug 2026 9:42 am

Lenskart shares fall 3% after Rs 1,313 crore block deal; Alpha Wave Ventures likely sold 1.2% stake

Lenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a block deal. The transaction comes days after SoftBank sold a 2.6% stake worth about Rs 2,888 crore in the eyewear retailer. Spark Institutional Equities and Kotak Securities are handling the Alpha Wave transaction.

The Economic Times 28 Aug 2026 9:37 am

GAIL (India) Ltd Slides 0.84%

GAIL (India) Ltd has lost 1.94% over last one month compared to 0.37% fall in BSE Oil & Gas index and 0.68% drop in the SENSEX

Business Standard 28 Aug 2026 9:34 am

Federal Bank Ltd Surges 3.17%

Federal Bank Ltd has lost 4.02% over last one month compared to 0.09% gain in BSE BANKEX index and 0.68% drop in the SENSEX

Business Standard 28 Aug 2026 9:34 am

Sensex rises 240 points a day after CAS monthly expiry shock, Nifty nears 24,150. Whats ahead?

Indian markets opened higher on Friday, with Sensex gaining 240 points and Nifty rising 51 points. IT stocks led gains, while broader markets also advanced. Investors remained cautious after Thursdays expiry-day volatility, with elevated crude prices, US bond yields and Fed policy uncertainty continuing to influence sentiment.

The Economic Times 28 Aug 2026 9:30 am

Acutaas' step-down subsidiary inaugurates semiconductor chemicals plant at Gongju

Acutaas Chemicals announced that Indichem Inc., its step-down subsidiary in South Korea, has inaugurated its semiconductor chemicals manufacturing plant at Gongju, Chungcheongnam-do.

Business Standard 28 Aug 2026 9:16 am

Judge says Pentagons measures against Anthropic were illegal and baseless

Judge says Pentagon's measures against Anthropic were 'illegal and baseless'

Livemint 28 Aug 2026 9:10 am

Delhivery among 3 stocks flashing bullish signals, indicating possible uptrend

Three Nifty500 stocks formed White Marubozu patterns, signalling strong buying pressure and bullish momentum as buyers remained in control throughout the trading session.

The Economic Times 28 Aug 2026 9:04 am

Nifty set for positive start after 2-day slide

GIFT Nifty:

Business Standard 28 Aug 2026 9:04 am

Stock alert: Wipro, NBCC, Hero Motocorp, Adani Power, GE Shipping

Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share.

Business Standard 28 Aug 2026 9:04 am

Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium

Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase equity shares worth up to Rs 900 crore via the open market at a set maximum price. Additionally, GE Shipping reported a net profit more than doubling for the June quarter, attributed to strong growth in its shipping sector and enhanced operating margins.

The Economic Times 28 Aug 2026 8:59 am

Bombay Burmah Trading among 4 stocks showing bullish RSI upswing

Four Nifty500 stocks gained over 4% as their RSI crossed above 50, signalling strengthening momentum. Bombay Burmah, Whirlpool of India, NMDC Steel and Wockhardt recorded rising RSI levels, highlighting potential bullish momentum for traders.

The Economic Times 28 Aug 2026 8:54 am

L&T Share Price Live Updates: L&T Stock Details

The Economic Times 28 Aug 2026 8:50 am

ESDS Software Solution IPO opens today; GMP signals 76% premium Should you subscribe?

The company has set the IPO price band at Rs 408429 per share for its Rs 720-crore public offering. The subscription window will remain open from August 28 to September 1, 2026. The IPO consists entirely of a fresh issue of 1.68 crore shares.

The Economic Times 28 Aug 2026 8:50 am

Priority Jewels IPO opens today: GMP signals 19% listing gain. Should you subscribe?

Priority Jewels has launched its IPO today, August 28, 2026, with subscriptions open for three days. The shares are currently seeing a brisk 19% premium in the grey market, with anchor investors already committing Rs 27.45 crore. The funds raised will mainly help in repaying debt and supporting general corporate needs. The company is known for its exquisite diamond-studded gold and platinum jewelry designs.

The Economic Times 28 Aug 2026 8:45 am

Hindalco Share Price Live Updates: Hindalco Stock Details

The Economic Times 28 Aug 2026 8:36 am

Barclays targets Indias billionaires as private banking competition intensifies

Barclays is targeting Indias wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying competition. The lender is leveraging its international network and capital-markets expertise to serve ultra-rich Indians with global assets, aiming for double-digit growth and deeper relationships with the countrys top promoters.

The Economic Times 28 Aug 2026 7:28 am

Persistent growth continues, but rising acquisition costs could impact overall profitability for businesses

Following a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the company reported robust revenue growth, boosting its future earnings outlook. However, upcoming costs linked to interest and wage hikes could pressure profit margins. As a result, investors can expect the stock to trade within a range influenced by the acquisition's financial effects.

The Economic Times 28 Aug 2026 6:56 am

Can ESDS Software Solutions IPO deliver long-term growth for high-risk investors?

In a bold move, ESDS Software Solutions is set to launch a

The Economic Times 28 Aug 2026 6:50 am

Bankex put sees a dramatic surge of 14,700% on expiry day

Bankex options saw a significant surge during Thursday's expiry session. This unusual spike occurred within minutes, causing considerable trader reaction. Indicative closing levels briefly showed a steeper Sensex decline than expected. Several Bankex put options experienced sharp premium jumps, impacting sellers. The Sensex and Bankex closed lower, while Nifty and Bank Nifty saw smaller declines.

The Economic Times 28 Aug 2026 6:32 am

Non-banks drive asset reconstruction purchases amid retail loan stress

Driven by tighter corporate debt supply and flexible pricing from non-banks, debt resolution firms are taking on larger volumes of small-ticket retail loans to free up lender capital.

Livemint 28 Aug 2026 6:30 am

FPIs raise India bets in August, DIIs continue buying amid caution

After a robust July, foreign portfolio investors increased their equity acquisitions in August, marking a moderate uptick. Domestic institutional investors also continued their purchasing activities, though at a more measured pace. This buying spree aligned with a surge in IPO and OFS issuances within Indian markets. Interestingly, foreign investment trends shifted away from South Korea while Taiwan benefited from inflows.

The Economic Times 28 Aug 2026 6:26 am

Public market fundraising set to hit record 6.5 trillion in FY27: Motilal Oswal

A rare, simultaneous surge in IPOs, QIPs, and block deals is set to propel India Inc's market mop-up to an all-time high in FY27 as pragmatic pricing accelerates deal execution, said Amit Ramchandani, head of investment banking at Motilal Oswal.

Livemint 28 Aug 2026 6:01 am

Instamarts new bet: Make quick-commerce products harder to copy

Swiggy Instamart is turning to younger brands and exclusive products to differentiate its assortment as rivals narrow the gap on speed and selection.

Livemint 28 Aug 2026 6:00 am

Catch them young: VCs are scouting college campuses for the next big startup

Campus Fund is raising a $100 million fund as venture capital firms increasingly look to student-led startups for early bets, encouraged by a growing deal pipeline and successful follow-on rounds.

Livemint 28 Aug 2026 6:00 am

BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside

BofA expects India's wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable energy and power grids, as well as exports.

The Economic Times 28 Aug 2026 6:00 am

SBI sees corporate loan pipeline at Rs 5 lakh crore: CS Setty, SBI, Chairman

The State Bank of India forecasts a significant surge in corporate loan prospects, aiming for 5 lakh crore as companies pivot towards investments in renewable energy and battery storage solutions. SBI remains steadfast in its goal to secure $10 billion through FCNR(B) deposits while confidently targeting a 14-15% growth in credit. With robust capital buffers, banks are better positioned to navigate future economic fluctuations.

The Economic Times 28 Aug 2026 6:00 am

HDFC Bank, LIC Housing Finance to contest Zee resolution

HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the majority. Government officials clarified Chandra was a guarantor, not the principal borrower.

The Economic Times 28 Aug 2026 6:00 am

D-Street poised for positive start as GIFT Nifty signals gains

Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than global trends. The Nifty index faced notable resistance in the 24,300 to 24,400 range, suggesting possible weakness that may push it down towards 23,900. Foreign portfolio investors sold off shares, whereas domestic entities made strategic purchases. Furthermore, the Indian Rupee closed marginally lower compared to the US dollar.

The Economic Times 28 Aug 2026 6:00 am

Stock market holiday: Are NSE, BSE closed today for Raksha Bandhan? Find out here

The Indian stock market will remain open on August 28 for trading. Both NSE and BSE will operate normally on this date. Commodity markets will also function as usual on August 28. The market will next close on September 14 for Ganesh Chaturthi. Upcoming holidays include October 2 and November 10.

The Economic Times 28 Aug 2026 6:00 am

Trent winding down stores of Utsa affordable ethnicwear

Trent Ltd is winding down its affordable ethnicwear stores of the Utsa brand after as they were found unviable, according to people familiar with the matter. From a peak of over 20 stores about two years ago, the count is already down to four, with shutters on another one coming up soon. 

Livemint 28 Aug 2026 5:55 am

Close to clearing NSE IPO: Sebi Chief Tuhin Kanta Pandey

NSE's valuation in the unlisted market is around

The Economic Times 28 Aug 2026 5:42 am

Metas $18 billion teen safety settlement has a catch: TikTok, YouTube must follow suit

The settlement, announced on Wednesday, would impose some of Meta's toughest restrictions yet on how teenagers use Facebook and Instagram.

Livemint 28 Aug 2026 1:37 am

Banks, companies better positioned to weather next downturn: CS Setty, SBI, Chairman

The chairman of the State Bank of India underscores the nation's economic resilience, emphasizing the bank's robust standing in the financial sector. With a growth forecast of 7.5% and inflation consistent with RBI predictions, SBI is gearing up for a remarkable 14-15% rise in credit, driven by retail and SME sectors. The bank is also focusing on enhancing its fee income while aiming for a 1% return on assets.

The Economic Times 28 Aug 2026 1:00 am

HDFC Bank's CEO call gains urgency as Sashidhar Jagdishan's term nears end

The timeline stands in contrast to Jagdishan's previous reappointment. HDFC Bank's board had recommended a fresh three-year term for him on March 4, 2023, nearly eight months before his first tenure was due to expire. The Reserve Bank of India approved the appointment in September that year.

The Economic Times 28 Aug 2026 12:55 am

Global Business Excellence & Leadership Conclave 2026 Brings Together Business Leaders, Entrepreneurs and Innovators in Hyderabad

Hyderabad (Telangana) [India], August 27: Business leaders, entrepreneurs, technology professionals, innovators and senior executives from diverse sectors came together in Hyderabad on August 22 for the Global Business Excellence & Leadership Conclave 2026, held at ITC Kohenur.

Business Standard 28 Aug 2026 12:30 am

Two Sigmas Feuding Founders Head to Arbitration in Fresh Battle

Two Sigma Investments billionaire founders are headed to another round of arbitration, the latest front in what seems to be intractable infighting at the quant trading giant.

Livemint 28 Aug 2026 12:20 am

Banks, FIU-IND work on sharper framework to flag money mule accounts

Banks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by the principal officer. Artificial intelligence and machine learning tools are now being deployed. This initiative follows parliamentary committee recommendations for accountability. The goal is to recover funds and prevent financial system misuse.

The Economic Times 28 Aug 2026 12:10 am

E20 won't be replaced by E10, BPCL says amid debate over older cars

Bharat Petroleum Corp Ltd (BPCL), India's second largest fuel retailer, on Thursday said there is no decision to replace E20 petrol with E10, clarifying that the current debate is over whether older vehicles should have access to a lower-ethanol blend and how an additional grade of petrol could be supplied across India's vast fuel-distribution network. In a media call post the company's annual shareholder meeting, BPCL Chairman and Managing Director Sanjay Khanna, however, said he saw no operational or logistical challenge in switching from E20 petrol to E10 if the government decides to change the ethanol-blending policy. I never said that E20 will be changed to E10, he said, adding that it was being debated in some circles whether older vehicles should have an option of lower-ethanol blend fuel. That doesn't mean E20 will be out and E10 will be in, he said. His comments come amid a wider policy discussion over whether owners of older vehicles should have access to E10 petrol,

Business Standard 27 Aug 2026 11:38 pm

TCS Q1 variable pay: Mid, senior employees get 60-70% while juniors receive full payout, says report

Tata Consultancy Services has reportedly lowered variable compensation for mid- and senior-level employees in the April-June quarter, disbursing only 60-70% of eligible pay as operating margins shrink amid investments in artificial intelligence, according to a Moneycontrol report.

Livemint 27 Aug 2026 11:31 pm

IndiaFirst Life bets on agentic AI for long-term gains, ties-up with Salesforce

IndiaFirst Life has partnered with Salesforce to deploy autonomous AI agents across core sales and customer operations, aiming for long-term growth without immediate staff cuts. 

Livemint 27 Aug 2026 11:28 pm

Tata Power loses challenge to $490 mn arbitration award in Russia coal case

Singapore court upholds a $490 million arbitration award against Tata Power over a failed joint bid for a Russian coal asset and rejects the company's natural justice challenge

Business Standard 27 Aug 2026 11:13 pm

No logistical challenges if lower ethanol blend is introduced: Bharat Petroleum chief

Discussions on re-introducing the E10 variant gathered steam after Chief Economic Advisor V. Anantha Nageswaran's recent observation to explore such a possibility

The Hindu 27 Aug 2026 11:12 pm