34 C 
Six food companies have corrected misleading labels and trademarks after FSSAI notices. Livyor Ventures Pvt Ltd withdrew its 'vegan and healthy' claims on edamame beans. Honest Innovations For You Pvt Ltd and Heliostone Specialities Pvt Ltd revised their trademarks. Rajasthan Agro and General Industries removed all misleading claims and stopped PPM usage. Iota Nanotechnology Pvt Ltd removed claims and stopped non-standardized water production.
Still holding cash at home? Warren Buffett calls it oxygen, but says its not good as an asset
Berkshire Hathaway's successor Greg Abel is deploying its large cash reserves. The firm recently bought back shares and invested heavily in equities. Alphabet stock saw a significant purchase, becoming a major holding. Berkshire's cash pile decreased after these strategic acquisitions. The company reported strong quarterly operating profit and net income increases.
Airtel prepaid plan changes may hike average revenue per user by 4-12
Bharti Airtel's decision to scrap select prepaid packs could lead to a hike in average revenue per user (ARPU) in a broad range of Rs 4-12, brokerages have estimated as the telco turned to targeted plan changes to drive premiumisation and monetisation. Some viewed the changes as selective plan rationalisation rather than an across-the-board or formal tariff hike, but said it would aid Airtel's premiumisation strategy by prompting customers to upgrade. Recently, Bharti Airtel withdrew four prepaid plans -- Rs 299, Rs 579, Rs 619 and Rs 649 -- leaving subscribers of the popular Rs 299 plan with pricier options to choose from. The reshuffled prepaid offering deck leaves the entry-level Rs 199 and Rs 219 plans unchanged, but it means that subscribers of the popular Rs 299 plan may now have to opt for the Rs 349 pack, translating into a price rise of about 16 per cent for them. The brokerages - Morgan Stanley, IIFL Capital, JM Financial, and Citi - in their recent notes, have modelled .
Lodha Developers plans 21 housing project launches worth 24,000 crore
Realty firm Lodha Developers Ltd plans to launch 21 housing projects by March next year with an estimated revenue potential of Rs 24,000 crore, as it looks to expand business amid strong demand. During the first quarter of this fiscal year, Lodha Developers launched only one housing project in Mumbai Metropolitan Region (MMR) comprising 4 lakh sq ft area and revenue potential of Rs 330 crore. According to its latest investors presentation, Lodha Developers has a strong launch pipeline for the remaining three quarters of this fiscal year. It will launch seven new housing projects across MMR, Delhi-NCR, Pune, and Bengaluru with a total area of 5.9 million sq ft and a total revenue potential of Rs 9,850 crore. The company will also launch new phases in 14 existing projects totalling 9.7 million sq ft area, with a total revenue potential of Rs 14,210 crore, the presentation said. These launches will help the company in meeting the Rs 24,000-crore sales bookings target for the current
Punjab & Sind Bank eyes QIP option to raise funds, cut govt stake: MD Saha
Public sector lender Punjab & Sind Bank is exploring raising funds through various means, including the QIP route to dilute the government's stake to meet Sebi's minimum public shareholding (MPS) norms. As per the Securities and Exchange Board of India (Sebi), all listed companies must maintain an MPS of 25 per cent. We have got board approval for fundraise through qualified institutional placement (QIP) and others means as part of effort to bring down the government holding in a phased manner, Punjab & Sind Bank MD and CEO Swarup Kumar Saha told PTI in an interview. Besides, he said, the bank has on boarded merchant bankers and legal advisors for the same. The proposed fundraise may happen this financial year depending on market conditions, he added. Currently, the government holds a 93.85 per cent stake in Delhi-headquartered Punjab & Sind Bank. This is the highest stake of the Government of India in any public sector bank. Three other banks have a minimum public ...
Biyani's Style Union seeks to raise 800 crore as value retail market expands
Style Union, which is operated by Nexon Omniverse, was launched in 2022 by Rakesh Biyani and Ekta Biyani to make everyday fast-fashion for men, women, and children more affordable. It opened its first stores in Hyderabad and Bengaluru and has expanded to over 170 outlets in the past four years.
Rakesh Jhunjhunwala, the legendary
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit
Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs 1 lakh crore in valuation. Tata Consultancy Services faced the brunt, seeing its market cap plummet the most. In contrast, five other companies thrived, experiencing notable valuation gains. Despite this volatility, Reliance Industries sustained its position as the most valuable domestic entity amidst the overarching bearish trend in equities.
9 Sensex stocks with up to 41% upside potential. Are these in your portfolio?
Nine Sensex stocks offer a potential upside of 20% to 41% over the next 12 months, based on average analyst targets compiled by Trendlyne. HDFC Bank leads the list, followed by Axis Bank, Reliance Industries and NTPC.
What do the latest White House allegations mean for India? | Explained
White House has identified more than 40 countries associated with elevated illegal transshipment risk, with India among the top enablers of Chinas evasion of tariffs; the other countries named as the top enablers are Mexico, Canada, the European Union, Japan, and South Korea.
Cement companies face margin pressure on fuel, input costs despite healthy volume growth
Most of the companies reported double-digit sales growth, while profits came under pressure due to rising energy costs, subdued realisations and the lingering impact of geopolitical disruptions in West Asia
Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran: Report
Persian Gulf allies express growing weariness with Iran peace deal negotiations. United States officials reject assessments of President Trump's diplomatic handling of Iran. The US is adopting a low-key approach towards Iran, avoiding immediate military action. Regional intermediaries are working to revive a memorandum of understanding for the Strait of Hormuz. Divergences exist among Gulf states regarding the appropriate course of action against Tehran.
Cami Clark, wife of Anthropic CEO Dario Amodei, has remained largely unknown outside Silicon Valleys elite despite her proximity to some of the technology worlds most powerful figures. Her unconventional career includes a women-focused pornography startup, a pitch for investment to Jeffrey Epstein, ties to Eric Schmidt and a proposed role in Anthropics early funding.
Twelve killed and at least 10 injured in Polish bus crash in Hungary
A Polish bus overturned on a Hungarian motorway, resulting in twelve fatalities. At least ten individuals sustained injuries in the early Sunday morning accident. The bus was traveling towards Nyiregyhaza when it veered off the road. Preliminary information suggests the driver may have fallen asleep at the wheel. Authorities have taken the bus driver into custody following the incident.
Amber to start making Oppo, OnePlus, Realme phones in March 2027 quarter
Amber expects to start with production of 8 million units of Oppo group smartphone brands and scale it twofold to around 16 million units in the second year of operations
Amber to start manufacturing Oppo, OnePlus, Realme phones from Q4FY27
Electronics manufacturing services firm Amber Enterprises India expects to start manufacturing Chinese smartphones under Oppo, OnePlus and Realme brands from the March 2027 quarter and double the output in the second year, a top company official said. Amber Enterprises India Executive Chairman and CEO and whole-time director Jasbir Singh, during the company's earnings call, said that the firm expects to start with production of 8 million units of Oppo group smartphone brands and scale it twofold to around 16 million units in the second year of operations. Our group is set to foray into mobile phones through a manufacturing collaboration agreement with Oppo Mobiles India. The scope covers three brands, Oppo, OnePlus and Realme. We are on course to commence the trial production by quarter 4 of FY27 and commercial production to begin quarter 1 of FY28, he said. Amber has onboarded a chief operating officer for the mobile vertical. On the scale front, we expect to begin with around
9 penny stocks surge up to 325% in 2026 so far; 3 turn multibaggers. Did you own any?
Shera Energy eyes 25-30% revenue growth in FY27, bets on capacity expansion
Jaipur-based Shera Energy is targeting 25-30 per cent revenue growth in the current financial year, supported by capacity expansion and foray into new value-added products to cater to the power and renewable energy sectors, according to a top company official. The NSE-listed company, which is also into recycling, began operations in 2003 with aluminium winding wires and had annual revenues of around Rs 20 crore during its early years, its Chairman and Managing Director Naseem Sheikh said in an interaction with PTI. In FY26 Shera Energy reported annual turnover of Rs 1,640 crore. The company manufactures winding wires and other electrical products using copper, aluminium and brass, catering primarily to transformers, motors and other electrical equipment. This year, we intend to grow another 25-30 per cent on our revenues and bottom line, Sheikh said. To achieve its goal, Shera Energy is expanding its product portfolio into higher value-added segments, including solar ribbon and
Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar
Indian Bank may mop up another $600 million via ECB before RBIs concessional swap window deadline of December 31, 2026
EPL sees beauty, cosmetics segment as growth driver, lifts revenue guidance
Packaging major EPL Ltd expects its beauty and cosmetics business to emerge as the key growth engine going forward, even as its oral care segment continues to deliver steady growth, said its Global CEO Hemant Bakshi. EPL sees the growth momentum continuing in July after reporting 25 per cent topline growth in the June quarter, and has raised its revenue guidance for the near term to 16-18 per cent and has retained its margin guidance at 20 per cent. On the proposed merger of EPL with Indovida, which according to reports will create a consumer packaging major with a combined valuation of around USD 2 billion, Bakshi said the transaction aligns closely with EPL's long-term strategy. We want to become a global leader in consumer packaging, focused on emerging markets. Rather than just being a supplier, we have to become an innovation partner for our customers, Bakshi told PTI in an interview. EPL (earlier known as Essel Propack Ltd), now promoted by the Blackstone Group through Epsi
Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar
Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional swap facility early. These efforts support the bank's business growth and digital initiatives.
In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments, bonus issues, and stock splits, reflecting significant adjustments across the market.
ONGC bags US licence to resume full Venezuela operations
Venezuela is strategically important for ONGC as it holds the world's largest proven crude oil reserves, estimated by OPEC at about 303 billion barrels, more than Saudi Arabia.
Jindal Stainless investing 900 cr to increase cold rolling capacity: MD
Jindal Stainless is investing Rs 900 crore to increase its cold rolling capacity to cater to the rising demand of the product from sectors such as automotive, appliances, and food processing, the company's Managing Director Abhyuday Jindal said. The investment will increase the company's cold rolling capacity from 2.05 MTPA to 2.67 MTPA by FY28, he said in the company's annual report for FY26. Besides upstream, the company is also making significant investments to build up its downstream capabilities, the industry executive said. Our Rs 900 crore investment across Hisar and Kharagpur, along with new hot rolled annealing, pickling, and cold rolling facilities at Jajpur, will...support a higher-value mix for automotive, appliances, food processing, and industrial applications, Jindal said. Cold rolling is a precision metalworking process that shapes and compresses steel without heat. This method enhances structural strength, tightens dimensional tolerances, and delivers a smooth, .
ONGC gets US licence to resume Venezuela operations, eyes operatorship
State-owned Oil and Natural Gas Corp (ONGC) has secured a licence from the US Treasury's Office of Foreign Assets Control (OFAC), allowing it to resume full operations in Venezuela after years of limiting activity because of sanctions-related risks, a senior company official said. The US approval removes a key hurdle for ONGC's Venezuelan investments and could pave the way for the state-run explorer to expand production, sign new agreements and take over operatorship of some projects from Venezuela's state oil company PDVSA, Anupam Agarwal, director-finance at ONGC, said at an investor call post first quarter earnings announcement. Now we have full freedom to work on the Venezuela project because earlier we were restricting our operations there because of the sanction-related risks. Those risks are behind us, Agarwal said. ONGC Videsh Ltd, the company's overseas investment arm, holds a 40 per cent interest in the San Cristobal oil project, while the remaining is with Venezuela's .
Government sets LPG production targets for refiners; Reliance gets largest quota
The Petroleum and Natural Gas Ministry has specified maximum LPG production levels for 21 refineries and upstream companies, with combined production potential set at 63,810 tonnes a day
JSW Mahanadi Power settles Raigarh Champa Rail dispute; NCLAT disposes of appeal
Dispute stemmed from unpaid invoices under a 2014 coal transportation infrastructure agreement.
India a key growth focus market: ORIX Corporation President & Group CEO Hidetake Takahashi
ORIX Corporation sees India as a primary global growth market for its services. The company plans to significantly expand its vehicle fleet in India soon. India's economic growth and increasing foreign investment support this expansion. Changing mobility trends and entrepreneurship also drive ORIX's optimistic outlook. This strategic focus anticipates substantial future growth in vehicle leasing and rentals.
India among ORIX's top two global growth markets: Group CEO Takahashi
Japanese mobility solutions and financial services provider ORIX Corporation has identified India as one of its two focus growth markets globally, bullish on the prospects of vehicle leasing and rentals in the country 'taking off' going forward, according to its President and Group CEO Hidetake Takahashi. The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000. India's growing economy, rising inflows of FDI, more multinational companies entering the Indian market and increasing number of domestic entrepreneurs all augur well for the growth of ORIX Corporation's businesses, specially vehicle leasing and rentals, Takahashi told PTI in an interview. Outside of Japan, Australia and India are the markets that will be a focus for ORIX, he said when asked about the company's key growth markets for the future. Japan is currently the biggest market for ORIX with about 5 lakh vehicles
Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this week
Indian equities are likely to remain range-bound in the week of August 1721, with elevated crude prices, global uncertainty and shifting US Fed expectations keeping investors cautious. Sensex fell around 500 points and Nifty 205 points last week, while broader markets declined further. Analysts highlight four key factors that could drive Dalal Streets direction this week, including crude prices, global cues, inflation risks and geopolitical developments.
Voltas Q1 results: Net profit jumps 51% to 212.8 cr
Revenue from operations stood at 4,673.5 crore in the June quarter of FY27, up 18.65%.
Cochin Shipyard Q1 net profit down 19.36% at 151.45 cr
Cochin Shipyard's total expenses rose to 958.76 crore in the June quarter of this fiscal.
NMDC Q1 results: Net profit up 2% to 2,005.71 cr
During April-June, the company increased its total income to 7,142.54 crore, up 1.5%.
Patanjali Foods Q1 results: Profit rises 86% to 336 cr
Total income rose to 11,341.89 crore during the first quarter of this fiscal.
Australia gun buyback to start in November, PM Albanese says
New South Wales will begin a gun buyback program in November. This initiative follows a shooting spree that tragically killed fifteen people. Australians are proud of their gun laws, but firearms numbers are increasing. The buyback aims to be the nation's largest since 1996. Individuals returning firearms can receive up to one thousand Australian dollars.
Nvidia-OpenAI partnership: US chipmaker plans to invest $3 billion in SB Energy; what we know
Nvidia is in talks to invest roughly $3 billion in SB Energy while discussing up to $100 billion in credit support for an Ohio data centre project for OpenAI.
Apollo scores over Max with a strong revenue, margin outperformance in Q1
Apollo Hospitals and Max Healthcare beat June-quarter expectations, but Apollo stood out on hospital revenue growth, operating metrics and stock returns
Indias chip startups struggle to fund leap from design to commercial production
Indian semiconductor and physical-AI companies raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.
Ballys Warns of Debt Covenant Breach Risk as It Seeks New Funds
Ballys Corp. warned investors of substantial doubt that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.
Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter
Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter
As country's AI talent gap grows, investors step in to help companies hire
A notable shortage of skilled talent in artificial intelligence roles is challenging Indian companies. The need for qualified AI engineers is soaring, far surpassing the available workforce. This increasing demand is fueling investor interest in startups aiming to attract vital tech expertise. Theres a significant uptick in hiring mid-to-senior professionals at global capability centers, as AI and machine learning sectors demonstrate consistent growth year-on-year.
Chandrasekarans exit puts Tatas Air India bet under fresh scrutiny
N. Chandrasekarans tenure saw major structural changes in Tatas aviation business, most notably the merger of Air India and Vistara
PM Modi, Ram Nath Kovind attend President Murmu's Independence Day 'at home' reception
President Droupadi Murmu hosted the Independence Day reception at Rashtrapati Bhavan. Vice President and Prime Minister Modi were among the distinguished guests present. The event began with patriotic renditions and honored national heroes. India celebrated its Independence Day after gaining freedom from British rule. The day also marked a historic first rendition of Vande Mataram at Red Fort.
Watch! PM Modi, ministers and diplomats attend President Murmu's 'At Home' reception | 80th I-day
Political differences should never run into animosity, says Nawaz Sharif amid acrimony with PPP
Nawaz Sharif called for a cessation of political hostility among parties, responding to grievances from the PPP regarding the recent elections in Pakistan-occupied Kashmir. The PPP accused the elections of being marred by rigging and violence following the announcement of results. India perceives these elections as a maneuver to mask ongoing human rights abuses, with protests erupting over contentious seats and perceived interference from establishment forces.
Agastya Energy announces 7,800 cr expansion into integrated ingot, wafer manufacturing
IT rights body writes to Labour Ministry over Wipros onboarding delays
The affected candidates were selected through Wipros Elite Hiring 2025 process
Reliance, Rolls-Royce team up for Indias advanced fighter jet engine programme
The proposed collaboration comes as India seeks greater self-reliance in defence technology and prepares to develop next-generation twin-engine combat aircraft
Mumbai (Maharashtra) [India], August 15: Indian filmmaker V R Bhagat is set to represent India at the 83rd Venice International Film Festival with his directorial debut, Flower of Life, marking a significant international milestone for the filmmaker and the team behind the film.
Belrise Industries eyes expansion after 1,700-crore QIP, Hyva deal; Q1 PAT rises 9%
Auto-component maker Belrise Industries is stepping up its expansion drive after raising 1,700 crore through a QIP in July and acquiring Hyva Indias tipper business, as it looks to broaden its portfolio into larger vehicle systems, EV localisation and non-auto businesses including renewable energy
Anish Shah-led Mahindra renews global push after cutting losses
Mahindra wants to pursue a two-pronged strategy: expanding in global markets while simultaneously increasing volumes in the domestic market
New Delhi [India], August 15: The Board of Directors of Jinkushal Industries Limited (Jinkushal or he Company), at its meeting held today, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS).
Amazon brings back no class-action clause: Why customers may have to fight disputes outside court
Amazon has reinstated a user agreement clause that may hinder class-action lawsuits against it, requiring customers to resolve disputes outside court.
Researchers developed a new molecule for recovering gold from electronic waste. This molecule uses electricity to drive the separation process, removing chemical steps. It selectively binds metal ions and carries a permanent electrical charge. This innovation significantly reduces chemical consumption and waste generation.
The BJP praised PM Modis Independence Day address as a comprehensive roadmap for Viksit Bharat 2047, focusing on self-reliance, youth empowerment, technology, defence, manufacturing and energy security. Senior leaders highlighted his Saptadhara vision, AI training for youth, expansion of nuclear power and semiconductors, and the governments efforts to combat drugs and Naxalism.
Quote of the Day by Antonio Banderas: Antonio Banderass quote, One thing I have clear is that I dont want to work for money anymore, explores the importance of finding purpose and fulfillment beyond financial success. The quote suggests that work should not be driven solely by money, but should also bring meaning, passion, personal satisfaction, and a sense of purpose into a persons life.
Scorpio Lifestyler to be launched by April 2027; starting price below 19.79 lakh ex-showroom
The Scorpio Lifestyler is set to make its debut by April 2027, with India prices starting below 19.79 lakh ex-showroom
Iran appeals to ICRC over pilots it says Qatar is holding
Iran's Armed Forces General Staff appealed to the Red Cross for pilot release. They claim three Iranian pilots are being held by Qatar authorities. These pilots were reportedly held after their aircraft were hit during a mission. The mission targeted what Iran described as an enemy military base. Qatari authorities have not yet confirmed the incident or the pilots' detention.
BMW Industries net profit jumps 26% in Apr-Jun quarter to 19.04 cr
The company had clocked a net profit of 15.14 crore in the April-June period of the preceding 2025-26 fiscal
With no nominee from Sir Ratan Tata Trust, Tata Sons AGM next week may not happen: Report
The Tata Sons AGM on 18 August may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, PTI reported.
India Inc backs PM Modi's I-Day address, vows to boost investment, jobs
India Inc on Saturday welcomed Prime Minister Narendra Modi's Independence Day address, saying it looks forward to working with the government to translate his announcements into actionable programmes to boost investment, jobs, innovation and manufacturing. Chandrajit Banerjee, Director General, CII, said, As we mark 80 years of Independence, Prime Minister Narendra Modi's address puts people, sustainability and India's global strengths at the centre of our development journey. His call for Atmanirbhar Bharat, Make in India and Vocal for Local reflects our growing confidence to build a self-reliant, future-ready nation, one that has moved from being among the 'Fragile Five' to the world's fastest-growing major economy in just over a decade. Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance, Banerjee stated. Agriculture and food processing stand out as a real opportunity: with
Patanjali Foods Q1 result: Profit jumps 86% to 336 crore on higher income
Patanjali Foods Ltd has reported an 86 per cent increase in its consolidated net profit to Rs 335.73 crore in the quarter ended June, backed by higher total income. Its net profit stood at Rs 180.35 crore in the year-ago period. Total income rose to Rs 11,341.89 crore during the first quarter of this fiscal from Rs 8,779 crore in the corresponding period of the preceding year, according to a regulatory filing. Edible oil business contributed Rs 8,504 crore revenue during the April-June period of the 2026-27 fiscal, while the FMCG vertical accounted for Rs 2937.74 crore of the total revenue. Incorporated in 1986, Patanjali Foods Limited is one of the leading edible oil companies in the country. The company operates in the Edible Oils, FMCG, and Wind Power Generation segments. It sells products under different brands like Patanjali, Ruchi Gold, Nutrela, Dant Kanti, Mahakosh, Sunrich, etc. During the 2025-26 fiscal, the company's net profit grew to Rs 1,814.47 crore from Rs 1,300.70
What is the latest mining amendment Act about |Explained
The opposition to the proposed act primarily centres on a potential subversion to the federal structure of how revenue from mining resources is taxed, especially in resource-rich and States which particularly depend on taxing the resources for revenue.
Madhusudan Kelas portfolio: 7 stocks rally up to 135% in CY26
Madhusudan Kela
Jinkushal Industries consolidated net profit declines 59.36% in the June 2026 quarter
Sales rise 15.87% to Rs 56.57 crore
Suvidhaa Infoserve reports consolidated net loss of Rs 1.91 crore in the June 2026 quarter
Sales rise 135.29% to Rs 2.40 crore
Panorama Studios International consolidated net profit rises 165.95% in the June 2026 quarter
Sales rise 34.26% to Rs 183.07 crore
Rajesh Exports reports consolidated net profit of Rs 47.19 crore in the June 2026 quarter
Sales rise 82.71% to Rs 240335.72 crore
Fischer Medical Ventures consolidated net profit declines 22.02% in the June 2026 quarter
Sales rise 249.49% to Rs 81.92 crore
Orchid Pharma reports consolidated net profit of Rs 3.22 crore in the June 2026 quarter
Sales rise 15.57% to Rs 304.17 crore
S & S Power Switchgear reports consolidated net loss of Rs 0.26 crore in the June 2026 quarter
Sales rise 19.96% to Rs 71.21 crore
Udayshivakumar Infra reports standalone net profit of Rs 2.46 crore in the June 2026 quarter
Sales decline 20.48% to Rs 46.25 crore
VCU Data Management reports standalone net loss of Rs 0.02 crore in the June 2026 quarter
Reported sales nil
Axis Max Life Insurance standalone net profit rises 21.38% in the June 2026 quarter
Sales rise 18.65% to Rs 7344.03 crore
Konndor Industries reports standalone net loss of Rs 0.02 crore in the June 2026 quarter
Reported sales nil
Surya Chakra Power Corporation reports standalone net loss of Rs 0.06 crore in the June 2026 quarter
Reported sales nil
Nilachal Refractories reports standalone net loss of Rs 0.55 crore in the June 2026 quarter
Reported sales nil
Suraj Products standalone net profit rises 46.62% in the June 2026 quarter
Sales rise 8.67% to Rs 87.70 crore
Saptadhara: Manufacturing to soft power, PM Modi unveils 7-stream blueprint for Viksit Bharat
Need one or two Indian pharma firms to be among global top 5: PM Modi
Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion dollars in 2024-25. Sun Pharmaceutical Industries is poised to become a leading global player after an acquisition.
India's men's and women's hockey teams commence their World Cup journeys on August 15 and 16. Both squads compete in Pool D, facing strong international opposition in their opening matches. Captain Harmanpreet Singh leads the men's team, aiming for a historic World Cup victory. The women's team, under Salima Tete, also seeks a strong performance in the tournament. Live streaming and television coverage will be available for fans across India.
Tata Sons AGM on Aug 18 may not happen as SRTT has no representative
The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, people familiar with the matter said. The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. Tata Sons has not communicated any change in the scheduled AGM date to shareholders, the people said. Latest indications are that the company plans to proceed with the meeting but could adjourn it if the required quorum is not achieved. The problem stems from the inability of the Sir Ratan Tata Trust (SRTT) - which holds a 23.56 per cent stake in Tata Sons - to hold a board meeting because of an order issued by the Maharashtra Charity Commissioner in May pending an ..
Hazoor Multi Projects bags Thirupapachethi fee plaza toll collection contract
Brigade Enterprises sales bookings dip 5% to 1,061 crore in Apr-Jun
Realty firm Brigade Enterprises Ltd's sales bookings fell 5 per cent to Rs 1,061 crore during the first quarter of this fiscal on lower volumes. Its sales bookings or pre-sales stood at Rs 1,118 crore in the year-ago period. In its latest investor presentation, the company said it achieved pre-sales of Rs 1,061 crore with a volume of 0.74 million sq ft in the April-June quarter of the 2026-27 fiscal. The sales volumes dropped 22 per cent from 0.94 million sq ft in the first quarter of the last financial year. However, the average sales realisation stood at Rs 14,256 per sq ft during the June quarter, a growth of 21 per cent over the year-ago period. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country. Recently, the company reported a 37 per cent increase in its consolidated net profit to Rs 216.94 crore for the quarter ended June. Its net profit stood at Rs 157.95 crore in the year-ago period. Total income fell to Rs 1,179.22 crore in
IPO rush: 5 companies to raise Rs 5,499 crore next week; Shiprocket, 4 others to list
Indias IPO market enters another busy week, with five companies set to raise Rs 5,499.32 crore between August 17 and 21. Horizon Industrial Parks leads fundraising, while five recently completed IPOs, including Shiprocket, are scheduled to list.
Tata Sons AGM may not happen next week
The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February
New Delhi [India], August 15: The IIT Alumni Council will host the World Wisdom Connect (wwCONNECT) in New Delhi on 23 August 2026. For this event, the Council will select and invite India's top young thought leaders to present their recommended pathways for Viksit Bharat 2047.
Concurrent Losers: 11 stocks decline for 5 consecutive sessions
The Sensex fell 490 points over five sessions through August 14, while 23 BSE 500 stocks declined daily. Eleven stocks dropped more than 5%, led by Aditya Birla Fashion and Retail, Physicswallah and Techno Electric & Engineering.
Indias AI app race heats up as Claude surges and Gemini closes in on ChatGPT
Claude's downloads and spending in India surged significantly in the June quarter. ChatGPT continues to dominate consumer spending on AI applications. Gemini is rapidly gaining user attention and engagement across the market. India's generative AI platforms are increasingly competing for dominance. The market shows rapid shifts in downloads, engagement, and spending.
NIBE secures defence order worth Rs 563.35 cr
For supply of loiter munition system
