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Rentomojo targets growth as rental assets generate repeat revenue

FY2017 cohort generated 5.12 times asset cost; occupancy at 83-84% as company lists on September 9

The Hindu Businessline 6 Sep 2026 7:32 pm

HEG Advanced Materials demerger to add 4,000 crore market capitalisation

Under the restructuring scheme, the existing listed entity, HEG Advanced Materials, will retain its growth businesses

The Hindu Businessline 6 Sep 2026 7:31 pm

Duleep Trophy final: Ishan Kishan's unbeaten ton puts East Zone in command against South Zone on Day 1

Ishan Kishan scored an unbeaten century as East Zone dominated South Zone on day one. East Zone reached 385 for four, with Kishan and Kushagra adding 144 runs. Abhimanyu Easwaran and Vaibhav Sooryavanshi provided a strong opening partnership for East. Shikhar Mohan also contributed a valuable 85 runs on his debut. South Zone bowlers struggled to contain East Zone's strong batting performance.

The Economic Times 6 Sep 2026 7:07 pm

Nepali woman found alive days after family began mourning rites

Rescuers found Chandika Kumari Shrestha alive after ten days in Nepal's devastating floods. She survived in a narrow pocket of air inside her collapsed four-storey home. Hundreds remain missing and unaccounted for following the catastrophic glacial collapse. Rescue efforts continue to find survivors trapped under debris and in tunnels. Many bodies have been recovered and mass burials are taking place.

The Economic Times 6 Sep 2026 7:07 pm

Winning here gives us confidence: Satwik-Chirag eye Asian Games glory after China Masters win

Satwiksairaj Rankireddy and Chirag Shetty secured their maiden China Masters badminton title. They defeated China's He Ji Ting and Ren Xiang Yu in a comeback victory. This triumph provides a significant confidence boost ahead of the Asian Games. The Indian pair will continue their rigorous training before the upcoming event. They aim to perform strongly as defending champions at the Asian Games.

The Economic Times 6 Sep 2026 7:05 pm

A 31,000-year-old fossil has challenged everything scientists thought about the extinct 'American cheetah' its DNA and diet tell a surprising story

Ancient DNA studies have rewritten the family tree of the American cheetah, Miracinonyx trumani. Genetic evidence shows this extinct cat was closely related to modern pumas. Fossil analysis suggests a surprisingly varied diet, including aquatic prey. This indicates a remarkable adaptability to different environments across North America. The findings challenge the long-held perception of this predator as a specialized speed hunter.

The Economic Times 6 Sep 2026 7:00 pm

Gurugram traffic police issue 6,231 challans worth 1.24 cr in August

Gurugram Traffic Police issued 6,231 fines for overspeeding during August. These violations resulted in penalties totaling approximately Rs 1.24 crore. The enforcement drive targeted major roads including the Mumbai Expressway and Golf Course Road. Police aim to enhance road safety and reduce accidents through regular checks. Such strict enforcement measures will continue to ensure adherence to traffic rules.

The Economic Times 6 Sep 2026 6:53 pm

NCR's gourmet grocer Modern Bazaar halves store count amid q-comm push, internal woes

Modern Bazaar, a gourmet grocery retailer in Delhi-NCR, is downsizing its store network due to the rise of quick commerce, and deepening financial and management trouble. While restructuring for profitability, the chain aims to adapt to changing consumer preferences without exiting physical retail.

Livemint 6 Sep 2026 6:14 pm

APPCB snaps 21 crore penalty on Andhra Paper

Fine follows Pawan Kalyans inspection of Turpulanka Sand Shoals and companys failure to fix environmental lapses

The Hindu Businessline 6 Sep 2026 5:58 pm

RPG Life Sciences bets on China-plus 1, goes on an API buying spree

The Harsh Goenka group is spending to build a drug-ingredients business, betting that the world's push to rely less on China will favour Indian makers.

Livemint 6 Sep 2026 5:49 pm

AI fears have faded, but auditors must retain human edge: IFAC's top executives

The IFAC's top executives call for rapid tech adoption without compromising professional scepticism and ethics.

Livemint 6 Sep 2026 5:32 pm

Hiring decisions speed up, but long notice periods keep talent waiting

Careernet data shows time-to-offer down to 46 days, but nearly a third of hires still take 60 days or more to join

The Hindu Businessline 6 Sep 2026 5:21 pm

All aboard: A peek at the new compact driving Indias intercity e-bus operations

Manufacturers, operators, lenders and charging solution providers are forming relationships that are making these long-distance services viable.

Livemint 6 Sep 2026 5:01 pm

459 crore, 5 bedrooms and near the Israeli Embassy: Inside Mojtaba Khamenei-linked London homes up for sale

The first penthouse, a five-bedroom duplex spanning 3,944 square feet across the sixth and seventh floors, is being offered for under 12 million, around 153.17 crore.

Livemint 6 Sep 2026 4:19 pm

UK business minister to meet Jaguar Land Rover CEO over job cuts

JAGUAR LAND ROVER-REDUNDANCIES/ (PIX):UK business minister to meet Jaguar Land Rover CEO over job cuts

Livemint 6 Sep 2026 3:50 pm

16 IPOs on investors' radar next week. GMPs signal up to 38% returns

A total of 16 IPOs across mainboard and SME segments are scheduled to launch next week, including Rentomojo and Kanohar Electricals. Grey market premium trends signal positive investor sentiment, with listing gains expected up to 38% led by Rentomojo's high subscription interest.

The Economic Times 6 Sep 2026 3:34 pm

BS7 opens up close to 10,000-crore annual opportunity for auto-component makers

Advanced emission-control components, from higher-value exhaust systems to sensors and electronic controls, stand to gain as India prepares to tighten vehicle-emission standards

The Hindu Businessline 6 Sep 2026 3:31 pm

DP Abhushan eyes 51 stores, 15,000 cr revenue by FY30

Company is targeting to be present in 7-8 states.

The Hindu Businessline 6 Sep 2026 3:30 pm

DP Abhushan eyes 51 stores in Tier 2-3 cities, 15,000 cr revenue by FY30

Jewellery retailer DP Abhushan is targeting Rs 15,000 crore in revenue by 2029-30, and plans to increase its store count to 51, particularly across tier-II and III cities, a top company executive said. Currently, we have 12 stores in Madhya Pradesh and Rajasthan. But now, we are expanding to Gujarat, Chhattisgarh and Maharashtra. We have set a target of 51 stores by 2029-30, mainly in central, north and west India. For this phase of expansion, we are adopting a franchise model, as well as company-owned, DP Abhushan Promoter Vikas Kataria told PTI. He said the company achieved Rs 4,065.13 crore revenue in FY26, and with this expansion, it is eyeing Rs 15,000 crore topline by FY30. DP Abhushan is targeting to be present in 7-8 states, he added. The company is entering Chhattisgarh with a store in Raipur. In Maharashtra, it is exploring Nagpur and Nasik, and Dahod and Baroda in Gujarat, he said. Meanwhile, in Madhya Pradesh and Rajasthan, Kataria said, the company is continuing t

Business Standard 6 Sep 2026 3:30 pm

One month of CAS: How 4 expiry days turned into a 6,000-point Sensex scare for investors

Sebi's latest initiative, the Closing Auction Session, has introduced complexities for Sensex options traders, especially on expiry days. Sharp movements seen during the auction period have caused significant agitation among traders. The newly discovered closing price from this session now governs derivative contracts, intertwining cash market volatility with options values.

The Economic Times 6 Sep 2026 3:07 pm

Nepals request for flood payout tests new climate-aid system

Nepal seeks climate compensation for flood damages from a new UN fund. The nation faces immense costs for recovery and rebuilding after recent catastrophic flooding. This fund, established to aid developing nations, is currently underfunded and untested. Nepal's leaders are urging concrete action from the international community for immediate support. The fund's limited resources and scheduled meetings pose significant challenges for rapid assistance.

The Economic Times 6 Sep 2026 3:06 pm

Quote of the Day by Francis Weller: The work of the mature person is to carry grief in one hand and gratitude in the other - a powerful perspective on grief, gratitude, compassion and emotional resilience for anyone learning to live with loss while appreciating what remains

Psychotherapist Francis Weller emphasizes the importance of holding both grief and gratitude as one navigates life's emotional landscape. He argues that mature individuals who balance these feelings develop deeper compassion and understanding for the suffering of others. Solely embracing grief can lead to a sense of despair, while exclusive gratitude risks disconnecting us from the shared human experience.

The Economic Times 6 Sep 2026 2:54 pm

VinFast gears up for India E2W foray, begins hunt for dealers

VinFast invited applications for exclusive VinFast E-Motorcycle dealership opportunities across the country, signalling that its India two-wheeler launch could be drawing closer

The Hindu Businessline 6 Sep 2026 2:41 pm

10 midcap stocks with over 150% profit growth in Q1FY27

Data from StockEdge shows top 10 NSE midcap stocks that reported over 150% YoY net profit growth in the Q1FY27 June quarter. Glenmark Pharmaceuticals, Bharat Dynamics, and Poonawalla Fincorp led the surge with strong financial performance compared to the same period in the previous fiscal year.

The Economic Times 6 Sep 2026 2:37 pm

NoBroker targets profitability in 8-10 months, FY26 revenue tops 1,000 cr

After achieving profitability, the company could consider the IPO.

The Hindu Businessline 6 Sep 2026 2:09 pm

NoBroker eyes profitability in 8-10 months, FY26 revenue tops 1k cr: CEO

Unicorn real estate platform NoBroker.com's revenue crossed Rs 1,000 crore last fiscal year, and it aims to become profitable in the next 8-10 months, a top company official said. The proptech startup based in Bengaluru, established in 2013, operates mainly in listing properties for renting, buying, and selling, and does not charge customers any brokerage fees. In the sector, it offers additional services, such as movers and packers, and manages housing societies through the NoBrokerHood app. In an interview with PTI, NoBroker.com co-founder and CEO Amit Kumar Agarwal highlighted that the company's revenue grew to Rs 965 crore in 2024-25 from Rs 888 crore in the preceding year, helping it to reduce losses by 25-30 per cent to around Rs 300 crore. In the last fiscal year, Agarwal said, Our revenue has crossed Rs 1,000 crore although the final numbers are still being audited. We continue making strong progress towards profitability. He noted that losses are declining every fiscal

Business Standard 6 Sep 2026 2:06 pm

Who gets the key when the CEO refuses to drive?

The unexpected departure of HDFC Bank's CEO highlights critical gaps in corporate succession strategies. It's imperative that boards establish adaptable crisis management plans for leadership transitions, featuring numerous successors and varied scenario responses.

The Economic Times 6 Sep 2026 1:55 pm

Piper Serica plans to deploy 180-220 crore in 4-6 deeptech startups

Armed with a fresh investment war chest, Piper Serica expects to deploy Rs 180-220 crore across 4-6 deep-tech startups this fiscal, as it scouts opportunities in areas like space technology, semiconductors, advanced electronics, energy and life sciences, according to its Director Ajay Modi. The investment firm's new Bharat Tech Fund, a Category II AIF, targeting a corpus of Rs 600 crore, alongside a greenshoe option of Rs 200 crore, has already raised about Rs 400 crore and evaluated around 30-35 startups in the hunt for the next investment, Modi told PTI. The fund expects to make some of its first commitments over the next month or so, with investments typically ranging from Rs 25 crore to Rs 50 crore per company. We have already started the process of identifying opportunities; we have evaluated almost 30-35 startups already in the hunt for the next investment by the Bharat Tech Fund. We are close to making some advancements in our commitments in the next month or so, he ...

Business Standard 6 Sep 2026 1:54 pm

AI-generated ads are catching up with human-made creatives. The industry is taking note

AI is reshaping advertising, from higher-performing creatives to instant language localization and dynamic ads. But as adoption soars, brands face a tougher test: keeping AI-driven campaigns authentic, ethical and relevant.

Livemint 6 Sep 2026 1:49 pm

RPG Life Sciences to deploy 500 cr for manufacturing, API expansion

Company has embarked on a significant expansion phase, backed by a committed capital infusion of 700 crore.

The Hindu Businessline 6 Sep 2026 1:19 pm

Maruti bets on premium hatchback segment as demand outpaces industry

Maruti Suzuki's premium hatchback sales grew 28 per cent between April and August, compared with 17 per cent growth for the industry

Business Standard 6 Sep 2026 12:58 pm

HEG Advanced Materials lines up 5,500 cr growth push after demerger

Anode materials will corner the largest share of investment as the company targets 60,000-tonne capacity by FY32

Business Standard 6 Sep 2026 12:54 pm

Indian Bank to open representative office in Dubai to expand foreign ops

Indian Bank has received board approval to open a representative office in Dubai, as it seeks to expand its overseas operations, leveraging the large Indian diaspora across West Asia. Currently, the bank has a full-service international branch in Singapore and branches in Colombo and Jaffna (Sri Lanka). Besides, it has an IFSC Banking Unit (IBU) functioning as an offshore/foreign branch from GIFT City, Gandhinagar. We are getting good business from our GIFT City branch, including participation in various syndicated loans...my aim now is to open a rep office in Dubai...We have a good number of non-resident Indians settled in Dubai and about 33 per cent of the working population is Indian, Indian Bank MD and CEO Binod Kumar told PTI in an interaction. For the representative office in Dubai, the bank's board has given its approval and the bank is in the process of seeking other regulatory approvals. Besides, Kumar said, the bank is exploring the possibility of having a presence in .

Business Standard 6 Sep 2026 12:48 pm

SBI to hire 12,000 employees, add 250 branches in FY27, says State Bank of India's chairman CS Setty

State Bank of India (SBI) intends to hire about 12,000 employees and add around 250 new branches to its network in the ongoing financial year, said C S Setty, Chairman of the country's biggest lender.

Livemint 6 Sep 2026 12:47 pm

From sponsorships to storytelling: how ITC Foods is going local with festivals

The festive season is an important advertising period for all consumer companies. But as regional festivals become more popular, not just in their home states but across the country, brands are trying to find ways to be present as authentically as possible. 

Livemint 6 Sep 2026 12:32 pm

FPIs resume selling; pull out Rs 7,443 cr from equities in first week of Sep

September witnessed a notable outflow of Rs 7,443 crore from Indian equities as foreign investors retracted their investments, a stark contrast to the previous months' inflows. Contributing factors include increasing crude oil prices and robust US bond yields affecting investor confidence. Meanwhile, India's primary market still captivates foreign funds, showing resilience in attracting capital.

The Economic Times 6 Sep 2026 12:27 pm

Mumbai's GSB Seva Mandal gets Rs 703 crore insurance cover for Ganesh festival celebration

Mumbai's GSB Seva Mandal has secured a massive Rs 703.27 crore insurance cover for the upcoming Ganpati festival. The idol will be adorned with over 66 kilograms of gold and 335 kilograms of silver ornaments. This year marks the mandal's 72nd Ganeshotsav celebration, attracting many devotees. More than 40,000 people are expected to benefit from daily food charity services.

The Economic Times 6 Sep 2026 12:26 pm

Noida vs Greater Noida yield: Noida Authority hikes farmer compensation by 53%, check highest and lowest land rates

Noida versus Greater Noida yield: Noida Authority recently hiked farmer compensation by 53% for Noida project, raising rate by 2,235 for every sqm. Check highest and lowest land rates here.

Livemint 6 Sep 2026 11:59 am

Chalet Hotels targets 5,500 keys by FY30, bets on hybrid model: CEO

The expansion marks a shift in Chalet's business model, with the company now pursuing a combination of third-party operated hotels, franchise properties and hotels under its own Athiva brand

Business Standard 6 Sep 2026 11:56 am

Not just Adobe's new CEO Anil Chakravarthy, meet Indian-origin C-Suite leaders heading top global companies Profiles

From Big Tech stalwarts like Microsoft and Alphabet to legacy conglomerates across logistics and consumer goods, check out the Indian-origin C-suite leaders heading the worlds biggest companies

Livemint 6 Sep 2026 11:53 am

Punjab faces more threats from adjoining provinces than Pakistan's neighbours: CM Maryam Nawaz

Punjab's Chief Minister Maryam Nawaz highlighted internal provincial borders as a greater security threat. She stated terrorism enters Punjab from its adjoining provinces, not neighboring nations. Opposition leaders criticized her remarks as insulting to Khyber Pakhtunkhwa province. They pointed to the sacrifices made by Khyber Pakhtunkhwa police against terrorism.

The Economic Times 6 Sep 2026 11:52 am

Nine dead after consuming spurious liquor in Madhya Pradesh's Sagar district

Nine individuals died and others fell ill after consuming spurious liquor in Sagar district. Two additional deaths occurred around the same time but remain unlinked. Local officials confirmed nine deaths from the illegal alcohol consumption in two villages. The incident follows a similar tragedy in Gujarat's Bhavnagar district last month. Screening has begun in the affected villages as authorities investigate the deaths.

The Economic Times 6 Sep 2026 11:50 am

11 penny stocks plunge up to 81% in 6 months

Eleven penny stocks have declined sharply over the past six months, with losses ranging from 49% to 81%. The stocks were identified using a screen of companies with market capitalisation below Rs 1,000 crore, share prices under Rs 20 and minimum recent trading volume of 5 lakh shares, based on ACE Equity data.

The Economic Times 6 Sep 2026 11:44 am

Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MD

IndusInd Bank expects its microfinance business to grow 15-20% in FY27, with CEO Rajiv Anand saying its difficult phase is now behind it. The lender expects growth to return from the second quarter after scaling up disbursements, while risks are also easing.

The Economic Times 6 Sep 2026 11:44 am

NMDC to start commercial coal production by Q3, eyes 1 MT sales in FY27

State-owned NMDC will start the commercial production of thermal coal by October-December period and looks to sell around 1 MT of the dry fuel within FY27, said Amitava Mukherjee, Chairman of India's largest iron ore mining player. Under the Ministry of Steel, Hyderabad-based NMDC alone caters to the country's 20 per cent need of iron ore -- a key raw material needed to produce steel. In an interview to PTI, Mukherjee said the company has drawn a road map up to 2030 to diversify its mining operations to support the government's vision of Viksit Bharat. Right now, we are 99.9 per cent an iron ore company. We aim to help the growing industries in the country with maximum of their mineral needs, the chairman said, adding that this year the company will begin the commercial mining of thermal coal and targets to sell a maximum of 1 MT of the commodity to potential buyers. We have reached the coal seam (of Tokisud North coal mine), and the production will start by next quarter, the .

Business Standard 6 Sep 2026 11:41 am

GST Council meeting likely to be postponed, say sources

The 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations with states. The meeting was set to discuss several ease-of-doing-business measures, including protecting buyers ITC when suppliers fail to deposit GST, simplifying taxation of corporate guarantees, allowing ITC on certain employee-related expenses and enabling small businesses to obtain GST registrations across multiple states.

The Economic Times 6 Sep 2026 11:38 am

Wahab Riaz says Pakistan remain the best side to lift Women's Asia Cup after India destroy them with record-low 55 all out

Pakistan are still the best team to win the Womens Asia Cup, according to team mentor Wahab Riaz, despite their crushing defeat against India and a record-low T20I score. Riaz urged the players to trust themselves, learn from their mistakes and bounce back in their next match against Hong Kong. With Pakistan also making strategic squad changes with future tournaments in mind, the team will be looking to revive its campaign and avoid a group-stage exit.

The Economic Times 6 Sep 2026 11:33 am

Popularity was never my goal; what matters is public health: FDA Commissioner Tukaram Mundhe

Maharashtra FDA Commissioner Tukaram Mundhe prioritizes public health over personal popularity. He has taken action against 12,083 establishments for various food safety violations. Hygiene, raw material quality, and manpower are common restaurant violations identified. Online food platforms are also considered food business operators and have faced action.

The Economic Times 6 Sep 2026 11:30 am

Rs 7,200 crore IPO rush: 16 new issues, 8 listings to keep investors occupied next week

India's bustling primary market is gearing up for an exciting week ahead, with a staggering sixteen public offerings lined up. These IPOs, collectively valued at over Rs 7,280 crore, promise to draw significant investor interest. Major players like Rentomojo and Kanohar Electricals are at the forefront. With investor confidence on the rise, this wave of new listings will certainly test the market's resilience and capacity for growth.

The Economic Times 6 Sep 2026 11:27 am

Delhi, Noida, Gurgaon weather today (September 6): IMD expects rain in Delhi, Noida and Gurugram; check forecast

Delhi anticipates more heavy rain today following recent intense showers. The India Meteorological Department issued a rainfall alert for the national capital. Multiple atmospheric systems are influencing the prevailing weather conditions across the region. Noida and Gurugram also expect rain or thundershowers in the coming days. Residents are advised to stay alert as weather conditions remain unsettled.

The Economic Times 6 Sep 2026 11:27 am

Difficult phase for microfinance behind us, Q2 to see growth: IndusInd MD

The difficult phase for the microfinance business is now behind us, with risks playing out favourably, and growth in the segment is expected to return from the second quarter onwards, IndusInd Bank MD and CEO Rajiv Anand has said. IndusInd Bank faced a severe governance and accounting crisis in 2025 centred around its microfinance subsidiary, Bharat Financial Inclusion Ltd (BFIL). The bank reversed Rs 674 crore of cumulative interest income recognised incorrectly across FY25. A further Rs 172 crore was disclosed as fraud, where employees falsely reported the sum as fee income in the microfinance business. We have had a fairly difficult time on our microfinance business. But it is all now behind us. Risk is playing out quite well at this point in time and Q2 onwards we should see growth come back in our microfinance businesses, Anand told PTI in an interview. The microfinance arm has a very successful business called Bharat Superstore, where it lends to kirana stores, small ...

Business Standard 6 Sep 2026 11:24 am

SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty

SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 202526, taking the total number of hires to 25,633, as per the bank's annual report for FY26

The Hindu Businessline 6 Sep 2026 11:23 am

Every fourth Jan Dhan account inoperative; 5.72 crore have zero balance: RTI

Nearly 5.72 crore Pradhan Mantri Jan Dhan Yojana accounts currently hold zero balances. Over 15 crore accounts under the scheme are classified as inoperative. Uttar Pradesh leads with the highest number of zero-balance and inoperative accounts. The scheme aims for universal financial inclusion across all households. More than 59 crore accounts hold over Rs 3.15 lakh crore.

The Economic Times 6 Sep 2026 11:22 am

Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEO

Hyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during the quarter, while six in every 10 new Hyundai outlets are being opened in rural markets.

The Economic Times 6 Sep 2026 11:07 am

Hyundai Motor India expects 30% sales from rural markets in 3-4 yrs: CEO

Hyundai Motor India Ltd is betting big on rural markets, which it expects to contribute around 30 per cent of its total sales in the next three to four years, according to its Managing Director & CEO Tarun Garg. The company, which has 68 per cent of its total sales coming from SUVs overall, is also witnessing SUV penetration of 69 per cent in the rural markets, he said in an interaction. Hyundai Motor India Ltd (HMIL) is also intensifying its rural focus on network expansion with six out of every ten new outlets being opened in such markets, he added. I will not be surprised if in another three to four years we can reach about 30 per cent, Garg said when asked how the company is looking at rural penetration going up, especially with its two upcoming new products -- a midsize SUV and a compact electric SUV. In the first quarter of this fiscal year, rural contribution reached 25.9 per cent, up from 22.6 per cent in Q1FY26, he added. In the April-August period of this fiscal, HMIL

Business Standard 6 Sep 2026 11:02 am

SBI to hire 12,000 personnel, add 250 new branches during FY27: Chairman

State Bank of India (SBI) intends to hire about 12,000 personnel and add around 250 new branches to its network in the ongoing financial year, said C S Setty, Chairman of the country's biggest lender. In terms of recruitment, I think we would be looking at around 11,000 to 12,000 appointments across both clerical and officer cadres this year. This number may vary depending on retirements and emerging requirements, but I expect we should close the year with around 12,000 recruitments, he told PTI in an interaction. Last year, we have done fairly large recruitment because we took 1,500 specialist IT officers. This year, we do not need such a large number on the IT (information technology) side, he said. With a workforce of over 2.45 lakh employees as of March 2026, SBI is among India's largest employers. SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 202526, taking the total number of hires to 25,633, as per the bank's annual report for FY26. On

Business Standard 6 Sep 2026 10:58 am

Police looking into 'shameful' racist online comments about Nepal-Tibet disaster, Air India: Singapore Senior Minister Shanmugam

Singapore is investigating racist online commentary regarding the Nepal-Tibet disaster. Authorities are also examining Singapore Airlines' financial ties to Air India. Senior Minister K Shanmugam condemned the hateful and unacceptable online remarks. He stated that social media platforms will be directed to remove violating content. Singapore aims to safeguard its multicultural identity against rising divisive rhetoric.

The Economic Times 6 Sep 2026 10:56 am

Novartis India eyes therapy-aligned acquisition, Tier 2-3 market push

Pharma company Novartis India Ltd (NIL) plans to pursue disciplined, therapy-aligned acquisitions and deepen its last-mile reach into Tier 2 and Tier 3 markets to drive its next phase of growth, according to the company's annual report. The company's future strategy focuses on five anchor therapy areas: pain management, wellness, women's health, neuroscience, and transplant immunology. It aims to build new avenues for growth by protecting and extending the equity of brands such as Voveran, Calcium Sandoz, Methergin, Tegrital, Myfortic, and Simulect. Vikas Gupta, Managing Director and Chief Executive Officer, Novartis India, stated that the company is focusing on deepening its reach into non-metro markets where its specialist franchises remain under-penetrated relative to their potential. This expansion is viewed as a direct lever for volume growth. For the FY 2026-27 transition, the company is bringing established franchises, including Voveran, Methergin, Macalvit, and Calcium Sando

Business Standard 6 Sep 2026 10:53 am

HUL aims 22-24% Ebitda margin in medium term, to hike capex to 3%: CEO

Leading FMCG company Hindustan Unilever is targeting a 22-24 per cent EBITDA margin in the medium term and stepping up capital expenditure to 3 per cent of its turnover to chase growth. The FMCG major plans to increase capital expenditure (capex) to enable growth and productivity from 2 per cent, the level it maintained over the last five years, to 3 per cent, as it looks to capture the New India opportunity with consumption growth. Hindustan Unilever Ltd (HUL), part of Unilever Plc, the British multinational consumer packaged goods company, registered a revenue of Rs 63,763 crore in FY26 and has 21 brands in its portfolio, each with turnover of more than Rs 1,000 crore. It sells 85 billion packs in a year and has a wide reach of 9 million outlets. The company, which is focusing on cost management, has an EBITDA margin of 23.6 per cent for FY26, down by about 70 basis points year-on-year. HUL, which aspires to volume-led profit growth, is shaping the portfolio structurally .

Business Standard 6 Sep 2026 10:50 am

Novartis India to pursue therapy-aligned acquisitions; eyes expansion in Tier 2 and Tier 3 markets

Novartis India plans acquisitions and deeper market penetration for future growth. The company will focus on five key therapy areas for expansion. Established brands will be brought under full commercial control by 2026-27. Rising chronic diseases and an aging population drive sustained therapy demand. Improved insurance and healthcare infrastructure will unlock new patient demand.

The Economic Times 6 Sep 2026 10:49 am

RPG Life Sciences to invest 500 cr in manufacturing, API capabilities

Drug firm RPG Life Sciences is planning to deploy Rs 500 crore over the next 12 months to strengthen its manufacturing and API capabilities through strategic acquisitions. In an interview with PTI, RPG Life Sciences Managing Director Ashok Nair said the company has embarked on a significant expansion phase, backed by a committed capital infusion of Rs 700 crore. Currently, the acquisitions we have made are to the tune of Rs 200 crore. We are evaluating opportunities that can strengthen our manufacturing footprint. We would like to deploy the Rs 500 crore balance in the next 12 months. We are actively pursuing good assets, Nair said. The company, which operates across domestic and international formulations and Active Pharmaceutical Ingredients (APIs), has set a target of reaching Rs 2,000 crore- 2,500 crore in revenue by 2030. Nair noted that the company started FY27 on a strong footing, recording 16 per cent revenue growth and 18 per cent EBITDA growth in the first quarter. The

Business Standard 6 Sep 2026 10:42 am

How will Nifty, Sensex behave on Monday? US Fed rate hike bets, among 4 factors to drive D-Street action

Indian equities may remain volatile as rising crude prices, elevated global bond yields and renewed US rate-hike bets weigh on sentiment. However, strong FPI inflows, resilient GDP growth, better-than-expected earnings and rupee stability offer some support.

The Economic Times 6 Sep 2026 9:56 am

JMM senior leader, Minister Sudivya Kumar Sonu passes away

Jharkhand Mukti Morcha senior leader and state minister Sudivya Kumar Sonu died on Sunday following a sudden illness, the party said. The Giridih MLA held portfolios including Higher and Technical Education, Urban Development, Tourism, Arts and Culture, and Sports and Youth Affairs. JMM described his death as an irreparable loss.

The Economic Times 6 Sep 2026 7:05 am

Congo wedding fire: At least 22 killed as blaze tears through party in Kinshasa

At least 22 people were killed in a fire that broke out at a wedding party in Kinshasa, Congo, on Friday night, local officials said. The blaze continued into Saturday at a building in Lingwala, where narrow hallways hampered escape. Several others were injured, while the cause remained unconfirmed.

The Economic Times 6 Sep 2026 6:55 am

Luxembourg Deputy PM Bettel to visit India, to meet EAM Jaishankar during stay

Luxembourg Deputy Prime Minister and Foreign Minister Xavier Bettel will visit India from September 7 to 9, meeting External Affairs Minister S Jaishankar in New Delhi and travelling to Chennai. His itinerary includes engagements at IIT Madras, its Research Park and the inauguration of a new SES campus, the MEA said.

The Economic Times 6 Sep 2026 6:52 am

NCLT stays disposal of Byju's K3-linked assets: Articles worth 150 crore auctioned for about 16 crore

The National Company Law Tribunal (NCLT) put a hold on any further disposal of Byju's K3 Education's assets till the next hearing on September 21.

Livemint 6 Sep 2026 6:41 am

The expanding InvIT universe: 20 trillion asset base targeted beyond roads and telecom

India's infrastructure investment trusts plan to diversify beyond roads, tapping into power, logistics and digital sectors to reach 20 trillion in assets by 2030. This transformation signals a significant shift in infrastructure financing as more operational assets become available for investment.

Livemint 6 Sep 2026 6:01 am

US Grip on Venezuelan Oil Threatens Billions Owed to China

Venezuela is becoming a major testing ground for Donald Trumps hemispheric ambitions, and emerging as another potential source of rivalry with China.

Livemint 6 Sep 2026 12:41 am

Quote of the day by Plato: 'A good decision is based on knowledge and not on numbers.' Life lessons from inspirational quote on true wisdom, deep understanding, critical thinking, raw data or statistics

Quote of the day by Plato: A good decision is based on knowledge and not on numbers. The quote explains why decisions need understanding, context and critical thinking. Numbers and statistics can provide information, but they may not explain the reasons behind a situation. Platos philosophy also focused on knowledge, wisdom, truth, justice and the Good.

The Economic Times 5 Sep 2026 11:57 pm

Quote of the Day by Jon Hamm: 'We live in a world where to admit anything negative about yourself is seen as a weakness..'- A powerful reminder that asking for help is a strength by the Mad Men star

Quote of the Day by Jon Hamm: Jon Hamm emphasizes the importance of acknowledging one's struggles, framing it as a true strength rather than a weakness. Many individuals shy away from seeking help due to fear of vulnerability. However, embracing honesty about our challenges paves the way for meaningful solutions and growth. This mindset fosters self-awareness and personal development, proving that recognizing our needs can lead to resolving issues and fortifying ourselves.

The Economic Times 5 Sep 2026 11:55 pm

CBI books Essel Group chairman Subhash Chandra, others over alleged 1,322 crore LICHFL loan loss

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to secure loans fraudulently. This situation has led LIC Housing Finance to announce a staggering loss exceeding 1,322 crore. The Directorate of Enforcement will also step in with a money laundering investigation, and those accused can expect to be questioned soon about these dubious financial activities.

The Economic Times 5 Sep 2026 11:28 pm

Who played the most expensive joke on Anand Mahindra, the fallible chess player?

Comedian Samay Rainas online challenge to Anand Mahindra became what the Mahindra Group chairman calls the most expensive joke ever played on him and a Global Chess League with a $1-million annual prize purse

The Hindu Businessline 5 Sep 2026 9:48 pm

Coal production re-accelerates amid easing monsoon; daily output rises to 1.7 MT

Coal Indias sizeable inventory position as a cushion against supply disruptions. The improvement in production and dispatch amid easing monsoon offers greater flexibility, supporting higher supplies to power sector.

The Hindu 5 Sep 2026 9:34 pm

Maruti Suzuki unveils new Baleno with Level 2 ADAS, prices start at 6.09 lakh

The new Baleno, positioned under Maruti Suzukis Nexa retail network, is priced from 6.09 lakh (ex-showroom, Bengaluru), with the company also announcing a special festive offer

The Hindu Businessline 5 Sep 2026 9:03 pm

Jio completes 10 years: Akash Ambani in heartfelt letter to employees says, Whatever pride I feel today belongs to you

Jio completes 10 years: Akash Ambani thanks employees, reflects on his personal journey and outlines the companys plans for its next decade.

Livemint 5 Sep 2026 8:53 pm

Premium hatchback segment to keep growing: Maruti Suzuki official

In the last five months, the premium hatchback segment sold 2.5 lakh units out of nearly 4.4 lakh total PV sales, averaging about 50,000 units per month

The Hindu Businessline 5 Sep 2026 8:45 pm

Somerset-backed Cyrix Healthcare acquires Blue Star E&E's Medtech Solutions

The acquisition, effective Sept 1, 2026, aims to enhance Cyrixs medical imaging capabilities and expand its MedTech management platform in India, West Asia, and Africa

The Hindu Businessline 5 Sep 2026 8:28 pm

Satwik-Chirag one step away from season's second title after booking third China Masters final

Satwiksairaj Rankireddy and Chirag Shetty advanced to the China Masters final. They defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong. The Indian pair won in three games after a second-game lapse. This victory marks their third appearance in the China Masters final. They now aim for their second title of the current season.

The Economic Times 5 Sep 2026 8:02 pm

Quote of the day by Matthew Perry: As a guy who lived life, loved well, lived well, and... Life lessons from an inspiring quote on legacy, kindness, empathy, relationships, struggle, personal growth and leaving people better than you found them from the beloved Friends star

Quote of the day by Matthew Perry explores the quiet legacy of being a good person in other peoples lives. His words speak to relationships, difficult moments, uncertainty and the choices that shape how we are remembered. The article considers empathy, acceptance, personal growth, resilience and the simple value of leaving people better than we found them.

The Economic Times 5 Sep 2026 8:01 pm

PM Modi lauds SRCC for nurturing generations of leaders in business, public life

During the centenary celebrations of Shri Ram College of Commerce, Prime Minister Narendra Modi praised the institution's enduring commitment to academic excellence and leadership cultivation. He commemorated the occasion by releasing a special Rs 100 coin. Modi's earlier visit in 2013 as the Chief Minister of Gujarat underlines his lasting connection to the college and reflects the BJP's initiative to engage the youth effectively.

The Economic Times 5 Sep 2026 8:00 pm

The Himalayas look unchanged from below, but something is happening high in the mountains Nepals disaster offers a frightening clue

A recent disaster in Nepal highlights growing instability in the warming Himalayas. Massive rock and ice collapses unleash destructive floods and debris downstream. Scientists warn of increasing glacial lake outburst floods and unstable mountain slopes. India faces potential consequences as Himalayan river systems connect across borders. Enhanced monitoring and early warning systems are crucial for vulnerable communities.

The Economic Times 5 Sep 2026 7:59 pm

Taiwan warns of rising China risks targeting Taiwanese youth

According to The Taipei Times, Straits Exchange Foundation (SEF) Secretary-General Luo Wen-jia said Beijing's efforts to attract Taiwanese youths increasingly combine tourism, cultural exchanges and economic incentives with activities associated with its united front strategy. Luo stated that Chinese organisers of tours and exchange programs may incorporate political activities designed to influence or indoctrinate participants. He also cautioned that employment offers promoted to Taiwanese youths could be fraudulent, particularly given China's difficult youth employment environment.

The Economic Times 5 Sep 2026 7:57 pm

Quote of the Day by Daniel Radcliffe: 'Being self-critical is good; being self-hating is destructive...'- Inspiring life lessons on self-criticism, self-acceptance, and emotional balance by Harry Potter

Quote of the Day by Daniel Radcliffe: Daniel Radcliffe's quote highlights the difference between constructive self-criticism and harmful self-hatred. Honest self-reflection aids growth, but self-loathing becomes destructive and debilitating. Radcliffe's career demonstrates challenging oneself while maintaining perspective and self-compassion. He transitioned from Harry Potter to diverse roles, showcasing acting versatility. This message remains relevant for fostering self-awareness and personal development.

The Economic Times 5 Sep 2026 7:55 pm

US military hits 3 Iranian oil tankers after saying Navy warships were targeted with missiles

US Navy warships evaded Iranian missile attacks and struck three oil tankers. Two Iranian oil carriers were permanently disabled by the military action. The third unladen tanker was also destroyed in the engagement. This action followed Iran's accusation of a US attack on one tanker. The US stated the tankers funded Iran's Revolutionary Guard network.

The Economic Times 5 Sep 2026 7:55 pm

When you dont feel loved: Trumps Venezuela oil pact leaves US producers uneasy as NABEP gains control of 17 fields

Trump's oil deal with Venezuela involves a 35% stake in NABEP, covering 17 fields with 65 billion barrels of reserves. However, US oil executives express concerns about reduced opportunities 

Livemint 5 Sep 2026 7:32 pm

The Knowledge Habitat Schools Turns Its Logo into a Tribute of Gratitude This Teachers' Day

New Delhi [India], September 5: This Teachers' Day, The Knowledge Habitat schools turned gratitude into something students and teachers could see, share and remember.

Business Standard 5 Sep 2026 7:15 pm

Bisleri International Partners with State Bank of India to Drive Responsible Plastic Waste Management Under its 'Bottles for Change' Initiative

Mumbai (Maharashtra) [India], September 5: State Bank of India (SBI), nation's largest bank, today signed a Letter of Association with Bisleri International Pvt. Ltd. to drive responsible plastic waste management across branches/offices of SBI. As part of the collaboration, Bisleri will carry out training and awareness sessions for SBI employees and housekeeping staff on responsible plastic waste management, collection of used plastic waste from SBI offices and sending for recycling.

Business Standard 5 Sep 2026 6:50 pm