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Sachin Tendulkar makes 70 crore property move in Lonavala; details of the deal here
Sachin Tendulkar has acquired full ownership of the 3.09-acre parcel. For the remaining two properties, he has purchased a 50% undivided share, according to the registration documents.
Govt puts public sector bank executive performance pay on hold amid strike call
Bank unions have strongly opposed the performance-linked incentives framework, calling it discriminatory and favouring senior executives (Scale IV and above).
Why copper is hitting record highs: Trump tariffs, US stockpiles and supply crunch explained
Copper surged to its highest-ever price on the London Metal Exchange after a weeks-long rally fueled by anticipation that President Donald Trump will expand US tariffs to imports of refined metal.
Air Indias Tewolde takes charge as Chandrasekaran sets sharper priorities on safety, trust, operations and costs.
Govt keeps PSB employees' PLI scheme for FY26 in abeyance after union representation
The government has postponed the performance-linked incentive scheme for bank employees. This decision follows employee representations seeking a review of the existing structure. Finance Minister Nirmala Sitharaman met with bank employee representatives to discuss their concerns. The scheme's implementation for 2025-26 will be kept in abeyance. Discussions will continue through bipartite settlement and joint note talks.
Prasol Chemicals mobilises Rs 150 cr from anchor investors ahead of IPO
Prasol Chemicals has raised nearly Rs 150 crore from anchor investors ahead of its Rs 500-crore IPO, which opens on September 8. The speciality chemicals maker allocated shares at Rs 676 each to investors including Tata Mutual Fund, Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Insurance.
Union Minister Giriraj Singh receives death threat via post; FIR registered
Union Textiles Minister Giriraj Singh received a death threat through a letter. The anonymous letter was sent by post to his office in New Delhi. Police registered an FIR after confirming the incident and the threatening message. Investigators are now trying to establish the source and motive behind the threat. The minister was informed by his private secretary and asked to register a case.
Dennis Hope boldly declared himself the owner of the Moon and embarked on a unique venture of selling lunar land worldwide. He navigated space law cleverly to support his claims, and surprisingly, governments did not intervene. Through selling lunar property certificates for just a tiny fee, he attracted buyers across the globe.
Bandhan Bank enters credit card business with four variants on Mastercard
The lender has launched Sparks, Ignite, Flare and Lumina, targeting customer segments ranging from Gen Z and emerging affluent customers to frequent travellers and premium consumers
Psychology says people who never miss family dinners on festivals aren't simply following a routine. Their choice can reflect a need for belonging, emotional stability, family connection and continuity. Shared meals can strengthen relationships, reinforce identity and provide a predictable space during periods of stress. Psychology theories also explain why family rituals can support social bonds and emotional well-being.
Celebrity chef Kunal Kapur unveiled a simple yet mouth-watering recipe for cheesy masala appe that promises to spice up any meal. This dish is created by mixing semolina with a burst of flavors from spices and vegetables, followed by a delightful cooking process. Enjoy these cheesy treats hot, paired with your favorite chutney or ketchup for a satisfying snack.
Mexicos National Forestry Commission (CONAFOR) launched an ambitious restoration program in 2014 with the goal of beginning to restore 1 million hectares of degraded land by the end of 2018. The initiative supported communities and landowners working in priority watersheds and areas affected by forest loss, fires, pests, natural disasters, and degraded soils. CONAFOR invested roughly 12 billion pesos, or approximately US$591 million, while providing technical and financial assistance.
Amit Shah emphasised the need to strengthen coastal security over the next two years. He called on Western states to take the lead in implementing the new criminal laws and tackling drug-related issues. Shah also highlighted the economic importance of the Western region, describing it as Indias WEST Engine, while noting the increased frequency of Zonal Council meetings and their role in resolving issues since 2014. The meeting also covered cybersecurity, cooperative banking and several other regional and national concerns.
Fish Creek in Idaho was listed as impaired for sedimentation in 1996. Collaborative efforts by various stakeholders improved road surfaces and stabilized streambanks. Wetland enhancements and channel improvements further reduced sediment and nutrient loads. Data collected in 2017 showed full support for cold water aquatic life. Fish Creek was subsequently removed from the impaired waters list in 2020.
Raghav Productivity expects to commission Odisha plant next year, plans to double market share
The partnership provides Jaipur-based Raghav Productivity, the worlds largest manufacturer of silica ramming mass, exclusive access to TRL Kosakis quartzite mines in Odisha
Ahead of Market: 10 things that will decide stock market action on Tuesday
Sensex and Nifty extended their four-week losing streak as rising oil prices and US-Iran tensions weighed on sentiment. Analysts flagged downside risks from supply disruptions and stretched valuations, though earnings improvements and selective buying supported small-cap and mid-cap stocks.
Vehicle transport through trains wont hurt truck freight significantly: SIAM President
Railways can do it more efficiently, but it cannot provide you a comprehensive solution, Shenu Agarwal tells businessline
Maruti Suzuki hikes prices by up to 20,000 on select models
Inflationary burden forces Maruti Suzuki to hike prices
NIIF appoints Gauravjit Singh as Managing Partner Global Head of Capital Formation
NIIF has appointed Gauravjit Singh as Managing Partner and Global Head of Capital Formation, tasking him with expanding its institutional investor base and mobilising new capital. Singh brings nearly two decades of fundraising experience, including roles at PAG, True North and KKR. NIIF has mobilised about $3 billion over 24 months.
Karnataka woos French companies for investments in manufacturing, R&D and aerospace sectors
Karnataka is seeking French investment in manufacturing and emerging sectors. Discussions were held with Roquette, bioMerieux, and Hutchinson during a French visit. The delegation highlighted the state's industrial ecosystem and investor-friendly policies. Companies were encouraged to expand existing facilities and explore new opportunities. Karnataka aims to attract further investments through its upcoming policies.
SBM Bank India plans 26% stake sale, appoints consultant
SBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is currently at the Expression of Interest stage. The parent company recently infused seventy-five crore rupees and will provide more capital. SBM Bank India aims for significant credit growth and is strengthening its digital wealth offerings.
360 One Group CEO Bhagat buys 1.3 lakh shares of Novartis India for Rs 22 cr
Karan Bhagat acquired 1.3 lakh Novartis India shares for nearly Rs 22 crore. His firm Kyrush Investments sold an equal number of shares in the transaction. Novartis India also announced acquiring trademarks from Pfizer for Rs 1,250 crore. Earlier, Novartis AG agreed to sell its stake to a consortium. This deal excluded its innovative medicines business in the country.
Vehicles transport through railways will not impact sales of trucks: SIAM President
Railways can do it more efficiently, but it cannot provide you a comprehensive solution, Shenu Agarwal tells businessline
Sebi extends deadline for angel funds to comply with accredited investor mandate
SEBI has extended the accredited investor compliance deadline for existing Angel Funds to March 31, 2027. During the transition, these funds cannot offer investment opportunities to more than 200 non-accredited investors, while newer funds remain restricted to accredited investors.
Chilean Prunes: Making Every Day Snacking More Nutritious
New Delhi [India], September 7: As India observes National Nutrition Week from 1st to 7th September, the focus on making healthier and more nutritious food choices becomes especially relevant. While people often focus on planning balanced meals, the nutritional value of the snacks they choose between meals is frequently overlooked. In today's fast-paced lifestyles, snacking has become a regular part of the day, making it important to choose options that offer both convenience and nutritional value.
PVR INOX finds no evidence of kickbacks in preliminary probe into claims
The cinema major said it engaged external third-party experts to conduct a preliminary assessment despite the anonymous allegations lacking specific and verifiable details
AB InBev India invests 200 crore in Neemrana brewery in Rajasthan
The Neemrana brewery commenced operations in July 2026 and will serve consumers across Rajasthan, Uttar Pradesh, Madhya Pradesh, Jharkhand and other key markets
CIL's daily coal production rises 35%
Power sector supplies up as rains recede
Novartis India Ltd to acquire BP drug trademarks from Pfizer Inc, for 1,250 crore
The development comes after private-equity firm ChrysCapitals acquisition of the entire 70.68 per cent stake in Novartis India Ltd
Swiggy picks 3.2% stake in Udaan, sells B2B arm for 500 crore
Swiggy will swap its entire holding in Lynk Logistics for shares in Udaans parent and separately invest 75 crore in the B2B platform, retaining exposure to Indias retail distribution opportunity.
Tech Mahindra Partners with PeaceHealth to Build an AI-Driven Healthcare Ecosystem in US
Tech Mahindras US-based healthcare subsidiary, The HCI Group, will modernise and manage key IT operations of PeaceHealth
Leo Puri to takeover as Chairman of Asian Paints
Puri previously served as the Chairman, South & Southeast Asia for JP Morgan Chase; Managing Director and Chief Executive Officer of UTI Asset Management Company, among other stints
'We've first-hand info on how kids were trafficked': Witness reveals chilling details on alien kids
Apples ramp up in India hiring hints greater role in global tech ecosystem: GlobalData
Apple announced hirings focused on AI, data platforms, software engineering, cloud infrastructure, automation and Apple ads among others
Tax reforms drive 1.32 crore updated returns, Rs 16,083 crore additional tax: CBDT member
Updated income tax returns have increased significantly over four years. New tax regime adoption shows strong uptake among taxpayers filing returns. Karnataka ranks second in direct tax collections, contributing substantially to national revenue. Technology-driven systems enhance transparency and encourage voluntary taxpayer compliance. The department processes returns rapidly and issues refunds efficiently to taxpayers.
Putting a plastic bottle filled with water on your roof: The Moser lamp is a simple invention that uses sunlight to brighten dark indoor spaces during the day, reducing the need for electric lighting. Developed in Brazil, the low-cost technique involves filling a transparent plastic bottle with water and fitting it through a roof so that sunlight can be refracted and dispersed inside. The concept was later promoted by the MyShelter Foundation through its Liter of Light programme and spread across the Philippines and other countries, offering an affordable way to bring natural light indoors using readily available materials.
Ultravolt could generate 7,000 crore revenue in three years
Riding on parent UltraTechs reach, the wires and cables business plans to go pan-India from day one
Humanitarian solution to proxy workers issue in Singareni likely
The issue dates back to 1997 and involves cases where one persons name was officially recorded while another worked in their place
udaan acquires Swiggys LYNK Logistics for 500 crore, gets Swiggy as shareholder
The acquisition adds LYNKs distribution network across Bengaluru, Hyderabad, Chennai and Kolkata
Best Proverb of the Day: Chi ha il pane non ha i denti, e chi ha i denti non ha il pane translates as Those who have bread have no teeth, and those who have teeth have no bread. The Italian proverb reflects the irony of circumstances, where people may possess an opportunity without being able to enjoy it, while those capable of using it may lack access.
ISRO is not privatised: Narayanan addresses concerns over private sector push after space reforms
West Bengal cabinet approves remuneration hike of over one lakh staff
West Bengal government will enhance employee remuneration benefiting over one lakh people. Forest officials and volunteers will see increased monthly payments starting soon. Former MLAs' medical allowance is also being raised significantly from August. Primary and upper primary para teachers will receive a substantial pay hike. A bill for inter-university staff transfers will be presented in assembly.
CBIC releases import clearance checklist for cosmetics, drugs, and medical devices
The CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for drugs and medical devices. Businesses must upload all required documentation onto the e-SANCHIT portal. Industry experts welcome the shift towards a more transparent digital verification.
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'
Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is accessible and exposed to potential strikes. Iranian officials announced plans for a new restricted zone in the Gulf. This zone would impact shipping through the vital Strait of Hormuz. The conflict has also affected oil prices and regional economies.
Quote of the day by Annie Potts presents a compelling life lesson about creativity, performance and moving on. Her theater background taught her to experience a performance as something immediate rather than something that must be endlessly examined afterward. In an age when recorded work can be replayed indefinitely, that perspective feels surprisingly relevant.
Twenty-five years after 9/11, Americans still live with its legacy
Scott Larsen followed his father into the New York City Fire Department after his death on September 11th. Dr. Michael Crane dedicated his career to aiding rescue workers affected by the disaster. Michael Tuohey reflects on his role in checking in two of the hijackers for their flight. These individuals' lives were profoundly shaped by the unprecedented attacks.
Large currency speculators slightly increase net short position in Pound futures market
Large currency speculators slightly add to net shorts in Pound futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 49575 contracts in the data reported through September 01 2026. This was a weekly increase of 5051 net short contracts.
Word of the Day: Know what stied means and how this rare English word is used
Word of the Day stied refers to something kept, lodged or confined in a sty, the enclosure traditionally used for pigs. The uncommon word is the past tense and past participle of sty. While rarely used in everyday English today, stied remains a legitimate dictionary word and reflects the long history of sty in the English language.
Garuda signs MoU for 93-storey landmark tower in Jeddah, KSA
Dream City Builders (formerly known as Garuda Arabia), a wholly owned subsidiary of Garuda Construction and Engineering, has entered into a Memorandum of Understanding (MoU) with M/s. Almasarat Company in connection with the proposed construction and development of a 93-storey landmark tower in Jeddah, Kingdom of Saudi Arabia. The project is expected to garner revenue of Rs 1,800 crore over the five year construction period.
NBFC credit deployment soars around 15% on year, retail loans growth accelerated to 21.4%
Reserve Bank of India (RBI) has released data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of July 2026, collected from major NBFCs and housing finance companies (HFCs). On a year-on-year (y-o-y) basis, NBFCs' credit registered a growth of 14.9 per cent in July 2026 as compared to 10.6 per cent a year ago.
BCPL emerges L1 for Rs 54.74-cr Eastern Railways project
(i)Replacement of over aged catenary wire & contact wire and droppers (Durgapur - Sitarampur) (ii)Replacement of overage old structures in Panagarh - Waria section of ASN Division.
Pranav Constructions IPO subscribed 5.69 times
The offer received bids for 12.78 crore shares as against 2.24 crore shares on offer.
National Aluminium secures DX+ Ultra aluminium smelting technology for its Anugola expansion project
Signs technology license agreement with Emirates Global Aluminium
UST completes acquisition of majority stake in Italdesign from Audi Group
Audi will remain a strategic partner of the company in the long term, a statement from Italdesign clarified
Quick Wrap: Nifty Media Index registers a drop of 2.86%
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JLR updates on its strategic transformation programme
Aims to save 1.7 billion over next two years to reduce its break-evens towards 300,000 units
Board of RBL Bank approves fund raising up to USD 1B under EMTN programme
At meeting held on 07 September 2026
Mark Zuckerberg owns multiple properties with his wife Priscilla Chan, including their recent purchase of a gothic castle in Ireland. The couple also own two lakefront estates, a residential home in Palo Alto, ranches in Hawaii and several more mansions and properties in the US. Check all.
Ireo Boulevard Wins Times Realty Recognition for Its Distinctive Luxury Retail Experience
Gurugram (Haryana) [India], September 7: Ireo Boulevard has been recognised at the Times Realty & Infrastructure Conclave Awards 2026 for Excellence in Luxury Retail and Thematic Project, reaffirming its distinctive approach to luxury retail that brings together India's leading designers, world-class architecture, sustainability, and curated lifestyle experiences.
Volkswagen's premium brands need to gain in efficiency, Audi CEO says
Volkswagen's supervisory board unanimously approved a comprehensive Future Plan last week that will include cutting another 50,000 jobs to make the group more competitive
ZF Steering's Maharashtra-based electrical division commences commercial production
ZF Steering Gear (India) said that DriveSys Systems, a wholly owned subsidiary of the company, has successfully commenced commercial production at its electrical division located at Nagapur, Ahilyanagar District, Maharashtra.
Swiggy launches helpline, in-app channel to address food safety complaints
This comes at a time when the FSSAI has been intensifying its crackdown on various food business operators
HyperVault (a TCS arm) secures 264-acre land for Hyderabad AI data center campus
HyperVault, a subsidiary of Tata Consultancy Services (TCS) has secured 264 acres of land to develop a large-scale AI data center campus of up to 1GW capacity in Hyderabad.
New Delhi [India], September 7: Media Expo - India's most trusted trade fair for indoor and outdoor advertising, printing and signage solutions, is set to return to Bharat Mandapam for its 59th edition from 17 - 19 September 2026. The show arrives at a moment when the industry is evolving across two interconnected fronts: a strong and resilient print and signage ecosystem that continues to drive visual communication across India, alongside a rapidly expanding digital layer of LED displays, video walls and interactive advertising solutions. This edition will bring together a larger, more international line-up of exhibitors, spanning established print and signage players to emerging digital display technologies.
Japan markets extend gains as technology stocks rally
Japanese technology stocks also tracked gains in US chipmakers and memory stocks. Kioxia Holdings and SoftBank Group surged 9.3% and 11.2%, respectively, while Advantest, Taiyo Yuden and Ibiden also posted strong gains.
China markets mixed as technology stocks lead gains
Several technology stocks posted strong gains, with Zhongji Innolight and Eoptolink Technology rising 10.38% and 8.08%, respectively. SMIC, NAURA Technology and Cambricon Technologies also ended higher.
Shyam Metalics gains as August sales volumes rise across segments
Shyamn Metalics and Energy advanced 1.43% to Rs 1,081.25 after the company reported strong growth in sales volumes across its key product segments for August 2026.
ICRA upgrades ratings of Cantabil Retail India to 'A+/A1' with 'stable' outlook
Cantabil Retail India said that the credit rating agency ICRA has upgraded the company's long-term rating to '[ICRA]A+' from '[ICRA]A' with 'stable' outlook.
Canara Bank receives affirmation in credit ratings
From India Ratings
TCS launches Interactive Creative Engineering Studio in London
For proving clients access to AI-led creative engineering capabilities
Muthoot FinCorp rolls out Rs 700 crore NCD issue. Here's what investors need to know
Muthoot FinCorp has launched the fifth tranche of its secured, rated and redeemable NCDs, offering effective annual yields of 8.89% to 9.25% across four tenures ranging from 24 to 72 months. The company aims to raise up to Rs 700 crore, with proceeds earmarked for onward lending, repayment or prepayment of existing borrowings and general corporate purposes.
HerSpace raises $50 million from Gray Matters Capital to expand worker housing
The Bengaluru-based company plans to deploy the capital across southern India as manufacturers grapple with a shortage of suitable housing for industrial workers.
Govt spurs coal rake loading by 20% to strengthen stocks positions at thermal plants
CEA data indicates 53 domestic coal-fired plants were operating with less than 25% of their critical normative requirements as on September 5
Jaguar Land Rover to cut 4,000 jobs globally, targets 1.7 billion in savings
The automaker is pursuing a major cost-reduction programme while strengthening its product pipeline and seeking to improve competitiveness globally
Shankesh Jewellers edges higher after Crisil Ratings revises rating outlook to 'positive'
Shankesh Jewellers (SJL) advanced 4.04% to Rs 103 after Crisil Ratings revised its outlook on the long-term bank facilities to 'positive' from 'stable' while reaffirming the rating at 'Crisil BBB'.
Euro currency speculators further reduce net short position
Large currency speculators further reduced net short in the Euro futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net short position of 24925 contracts in the data reported through September 01, 2026. This was a weekly reduction of 11427 net positions.
Tata Sons' Group Company Secretary, Suprakash Mukhopadhyay, is facing scrutiny over an internal probe into his alleged involvement in his family's wealth advisory business.
Why Systematix is bullish on Apollo Micro Systems after 47% YTD rally; check target price
Systematix initiated coverage of Apollo Micro Systems with a Buy rating and Rs 570 target, citing defence-system integration, a Rs 12,000-crore opportunity, capacity expansion, acquisitions and strong earnings growth, while flagging execution, working-capital and tender-related risks.
Fairfax to exit IIFL Finance before likely IDBI Bank deal
Fairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The Canadian firm is in talks with private equity firms for this potential sale. This transaction is part of a larger strategy for the Indian banking sector. The company aims to consolidate its Indian lending investments after the acquisition.
From 110 kmph hydrogen runs to 200 sleeper rakes: A blueprint for Indian Railways next-gen fleet
Unlike conventional electric trains that draw power from overhead lines, the Hydrogen Fuel Cell Trainset generates electricity on board through a chemical reaction between hydrogen and oxygen, with water vapour and heat as its only by-product.
Hyundai Motor India to increase women executive workforce from 8% to 20% by 2030
HMIL said it was witnessing increased participation of women across manufacturing, engineering, R&D, sales, service, corporate functions and leadership roles
Nifty trades below 23,800 level; realty share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 395.60 points or 0.52% to 76,119.83. The Nifty 50 index lost 114.50 points or 0.48% to 23,783.20.
Sai Capital Ltd leads losers in 'B' group
Shri Krishna Devcon Ltd, Bharat Global Developers Ltd, ICDS Ltd and Kanco Tea & Industries Ltd are among the other losers in the BSE's 'B' group today, 07 September 2026.
Hyundai Motor India targets 20% women in executive workforce by 2030
Hyundai Motor India Ltd on Monday said it is targeting increasing women's representation in its executive workforce to 20 per cent by 2030 as part of its efforts to build a diverse and future-ready talent pipeline. Women currently constitute more than 8 per cent of Hyundai Motor India Ltd's (HMIL) total executive workforce of over 4,000 employees, the company said in a statement. At the same time, about 45 per cent of young talent (Management Trainees & Engineer Trainees) recruited in 2026 are women, underscoring changing talent trends, it added. Our commitment to achieving 20 per cent women representation in the executive workforce by 2030 reflects our focus on expanding opportunities, strengthening our talent pipeline and creating an environment where every individual can realise their full potential, HMIL MD & CEO Tarun Garg said. As the talent landscape continues to evolve, he further said,We are encouraged by the increasing participation of talented women professionals
SC rejects Centre plea to revive 363 cr GST demand against Vodafone Idea
The Supreme Court dismissed the Centre's appeal against a Bombay High Court ruling that had quashed a 363 crore GST demand against Vodafone Idea over a merged entity
IPE Hyderabad Announces Scholarships of up to Rs 2 Lakh for High Performing CAT Aspirants
Hyderabad (Telangana) [India], September 7: Students preparing for the Common Admission Test (CAT) now have an additional reason to aim high. The Institute of Public Enterprise (IPE), Hyderabad, one of India's well-established management institutions, has announced merit-based scholarships for eligible candidates seeking admission to its two-year full-time PGDM programmes for the 2027-29 batch.
Air India's new CEO Gebremariam seeks staff support to minimise disruptions
Air India's incoming CEO and MD Tewolde Gebremariam has sought staff support to minimise disruptions, saying the airline's strong heritage and brand give it enormous potential to regain its position
Jindal Stainless signs pact with Japan's JFE Steel to boost ferritic stainless steel manufacturing
Under the pact, JFE Steel will support Jindal Stainless' ongoing efforts to strengthen product quality and manufacturing practices for the grades specified in the agreement
India's automobile retail sales hit record August high
PVs recorded their best-ever August at 4,02,398 units, crossing 4 lakh for the first time, with rural sales growing 24.99% against 10.93% in urban markets. Alternative fuels accounted for 41.95% of PV sales, led by CNG at 25.28%, hybrids at 9.04% and EVs at 7.63%, surpassing petrol/ethanol at 40.85%. PV inventory rose to around 38-40 days.
Why Kenyas President has asked Tata Chemicals to pack up and leave| Explained
This is the first time that a major Tata company has faced such allegations in a foreign country and has been directed to pack up
