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Sembcorp Green Infra files for $393 million India IPO
Sembcorp Green Infra has announced its intention to launch an initial public offering in Mumbai, aiming to gather as much as 37.5 billion rupees. Of this amount, around 30 billion rupees will be allocated toward settling debts. This move marks the company's second shot at making its Indian energy division public, with several financial institutions overseeing the upcoming share sale.
ChatGPT, used by over 100m Indians, to now show ads to free users
On 9 February, OpenAI announced a pilot plan for advertisements within ChatGPT, barely five days after cross-town rival Anthropic released a statement claiming that its ChatGPT counterpart, Claude, is a space to think and will remain ad-free.
Can Lumino Industries IPO deliver long-term growth for high-risk investors?
Lumino Industries plans a
PNB Housing outshines peers on strong loan growth
PNB Housing Finance shares have seen significant gains this year. The company is focusing on affordable and emerging housing segments. This strategic shift aims to improve its valuation and return ratios. Disbursements and net profit are expected to grow robustly in coming years. Stable asset quality and new financing initiatives support future growth.
Zerodha's FY26 net profit rises 1.2% to Rs 4,283 crore amid revenue slowdown
Zerodha's net profit increased by 1.2 percent to 4,283 crore in FY26. Revenue remained largely unchanged from the previous year's 8,847 crore. Income from margin trading helped offset a slowdown in its core broking business. Smaller rival Groww expanded both revenue and profit by about 14 percent. Zerodha remains nearly twice as large on key financial measures.
India's semiconductor investment push gains pace as Tata, L&T chip in
Starting January 2025, Tata Electronics, Murugappa Group's CG Power, and HCL Group have announced semiconductor projects worth 1.29 trillion under the India Semiconductor Mission. Since then, these firms have invested 3,345 crore in semiconductor manufacturing and assembly plants.
Founders, investors launch 250 cr fund to back impact-focused startups
TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.
Pre-market action: Here's the trade setup for today's session
Indian equity benchmarks traded range-bound as Nifty fell below 24,300. Brent crude oil prices cooling provided some investor sentiment support. Geopolitical uncertainties kept market participants cautious during Wednesday's session. Analysts expect Nifty to consolidate within a broad range of 24,000-24,700. Foreign portfolio investors and domestic institutional investors were net buyers of shares.
Stocks in news: Tata Power, Jio Financial Services, Bharat Electronics and Hindustan Copper
Indian stock markets experienced minimal fluctuations on Wednesday, resulting in a lower close for the Nifty50. Although technical signals point to potential bearish trends, the overall outlook stays optimistic. Focus is directed towards Tata Power, which plans to challenge a recent court verdict, and Jio Financial Services, citing notable asset increases. Additionally, companies like Bharat Electronics and Hindustan Copper are navigating their own corporate maneuvers and regulatory matters.
Retail investors turn selective as IPO appetite loses steam in 2026
Retail bidders had fully subscribed to their allotted quota in all 50 IPOs of 2024 - and in 44 out of 49 issues (90%) last year. Even the median of retail bids on IPOs until mid-August has fallen to just 2.32 times the quota in the 42 cases, compared with an astonishing 17.59 times in the 45 IPOs of 2024 and 8.35 times in the 45 issues last year. The selective approach of retail investors is a sign of a maturing market, said Arka Mookerji, co-head of the equity capital markets, JSA Advocates
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an advanced deadline on August 31 that altered original plans tied to deposit-linked fundraising. With the Reserve Bank of India (RBI) moving the timeline forward, many lenders have revised their bond issuance approaches.
Strong AI chip demand fuels Nvidias Q2 results well beyond Wall Streets expectations
Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations
HPs decline in PC shipments overshadows strong results; shares fall
HP-RESULTS:HP's decline in PC shipments overshadows strong results; shares fall
SVKM's NMIMS Orientation 2026 Brings Industry Leaders and Experts Together with New Students
Mumbai (Maharashtra) [India], August 26: SVKM's Narsee Monjee Institute of Management Studies (NMIMS) successfully concluded Orientation 2026 across its campuses in Mumbai, Ahmedabad, Navi Mumbai, Bengaluru, Hyderabad, Indore, Shirpur and Chandigarh -- welcoming its new students of Undergraduate, Postgraduate and Ph.D. students. Held from 23 June to 18 August 2026, the programme marked the beginning of the students' academic journey through a series of academic sessions, industry interactions and mentorship initiatives designed to prepare them for an evolving professional landscape.
Fire insurance premiums fall 28% in Q1 amid deep discounting
Fire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial risks pressured insurers competing for corporate accounts. The regulator received complaints of steep discounts, raising financial health concerns. Major insurers like New India Assurance and ICICI Lombard saw premium reductions. Pricing for industrial fire risks must now follow sound actuarial principles.
Gaja listing marks PE industry's institutionalisation: Gopal Jain
Gaja Alternative Asset Management's listing marks a significant step for the industry. The company is the first pure-play PE asset manager to list domestically. This listing allows retail investors indirect access to private equity investments. Gaja Alternative has committed capital of 3,200 crore as of March 31, 2026. The company raised 550 crore through its initial public offering.
Best Italian Proverb of the Day: The wolf is always said to be bigger than it is captures how fear can make dangers appear greater than they really are. The Italian proverb uses the image of an oversized wolf to show how people can exaggerate threats, difficulties or risks, reminding us to distinguish genuine danger from the fear created by perception and repeated stories.
Piyush Goyal says India open to expanding scope of Japan trade agreement
India is open to expanding its economic partnership agreement with Japan. The nation seeks to make the existing pact more contemporary and relevant. Japanese textile firms, including Uniqlo, plan increased sourcing and investment in India. Significant Japanese investment is already flowing into India at a rapid pace. India aims to support Japan's ambition to double its companies operating locally.
Meta, Under Duress, Finally Does the Right Thing for Teens
Finally, what some said could never be done has happened: Meta Platforms Inc. has been forced to make real changes to protect the millions of young people who use its products. Make no mistake, whilethe amount that the company agreed to pay to settle a lawsuit brought by several states up to $18 billion is large, it is dwarfed in significance by the long-tail positive effects this so-called Big Tobaccomoment will have on the well-being of teens. Metas simultaneous call that other social m
Quote of the day by Jackie Chan reflects on the value of self-improvement and doing ones best despite difficulty. The idea speaks to everyday experiences such as facing setbacks, managing self-doubt, staying disciplined at work and accepting that progress takes time. The article explores how persistence, personal responsibility, patience and a willingness to help others can shape meaningful growth.
Bennedict Mathurin gets a fresh start with Pelicans on reported $16 million contract
Bennedict Mathurin joins the New Orleans Pelicans on a two-year contract. He arrives after a season split between two NBA teams. Mathurin averaged a career-high 17.6 points per game last season. The deal includes a player option for additional flexibility. This signing adds another scoring option for the Pelicans.
Piyush Goyal proposes startup pitching series with Japan
India's Commerce Minister Piyush Goyal proposed a startup pitching series between India and Japan. This initiative, similar to Shark Tank, aims to connect young companies with investors. The virtual format will leverage digital connectivity for increased participation and collaboration. Japan's patient capital and precision engineering are invited to partner with Indian firms. This move seeks to deepen commercial ties and foster business growth between the two nations.
Goyal proposes India-Japan 'Shark Tank' to boost investment, business ties
Commerce and Industry Minister Piyush Goyal on Wednesday proposed an India-Japan startup pitching series, on the lines of the popular 'Shark Tank' format, to connect young startups from the two countries with investors and potential business partners. Addressing a roundtable on startups, Goyal said such pitching sessions could be organised virtually, leveraging digital connectivity, to facilitate greater interaction between Indian and Japanese startups. India and Japan can develop a pitching series, something like the Shark Tank initiative, that can help young startups pitch, Goyal said. He said Indian startups could pitch their ideas to Japanese investors, while Japanese startups could seek partners and business opportunities in India. In this world of global connectivity through Zoom calls and the internet, I think we can have more and more pitching sessions where Indian startups pitch for Japanese investments and Japanese startups pitch for partners in India, he said. Goyal
A new robot named CiliaVine manipulates blood flow using magnetic fields. This device successfully captured circulating tumor cells from all tested liver cancer patients. It also demonstrated improved clot breakdown in laboratory models. Researchers coated CiliaVine with antibodies for effective tumor cell capture.
Rupert Grint returns as Ron Weasley 16 years after the final Harry Potter film
Rupert Grint will portray Ron Weasley in Harry Potter and the Cursed Child on Broadway. He is scheduled to join the production for a limited engagement starting February 2027. This marks Grint's return to the iconic character after many years. The play is set nineteen years after the original Harry Potter book series concluded. Grint will play an older, fatherly version of the beloved wizarding character.
CJI Surya Kant says allegations against sitting judge must follow institutional process
Chief Justice of India Surya Kant stated allegations against a judge require institutional examination. Justice Sandeep Mehta wrote letters raising concerns about the Rajasthan Acting Chief Justice. The Supreme Court collegium is reviewing the material provided by Justice Mehta. The concerned judge will receive a fair opportunity to respond to allegations. Any administrative action will follow due consideration of all placed material.
Quote of the day by Elton John highlights why asking for help is often harder than saying I love you. The idea connects with relationships, setbacks, uncertainty and the pressure to manage difficult moments alone. The article examines lessons about acceptance, self-understanding, courage and knowing when to seek support.
Hyderabad techies protest sparks workplace culture debate: What happened inside the IT giant?
A dispute between Tech Mahindra and employee R Bhavana highlights issues in handling medical leave and grievances in tech companies.
A 17-year-old Connecticut student, Leon Wang, identified two FDA-approved lung-scarring drugs that reduced Alzheimers-linked cellular damage in lab-grown brain blood-vessel cells. His research offers a promising new clue into how APOE4 and the TGF pathway may contribute to Alzheimers disease, while raising the possibility that existing medicines could eventually be repurposed for brain health.
'I was very blunt with him': Josh Shapiro fires back at Trump & RFK Jr. over measles crisis
The Upper Mississippi River's navigation was transformed by America's construction of locks and dams in the 1930s. While these aging structures facilitate the annual transport of millions of tons of goods, supporting vital economic activity, they have also inflicted ecological harm on river ecosystems. Current modernization initiatives strive to enhance navigational reliability while simultaneously mitigating environmental impacts.
A massive Louisiana solar panel factory operates independently of new import tariffs. This plant produces panels using a unique cadmium telluride semiconductor technology. While free from polysilicon tariffs, it still needs Chinese tellurium for production. The facility is a significant domestic manufacturing hub for solar energy. Its economic viability is bolstered by domestic content requirements in contracts.
Why does this Kerala temple offer Munch as prasad? Story behind viral tradition
A Kerala temple has attracted online attention for a long-standing tradition in which devotees offer Munch chocolate to Lord Murugan and receive it back as prasad. A recent video has revived interest in the practice, with some viewers sharing memories and excitement, while others questioned the customs religious significance and criticised the chocolate and its packaging.
'Time to teach Canada you can't do this anymore': Trump
President Trump announced new tariffs on Canadian imports after trade talks broke down. Canada retaliated with matching duties on United States goods, which will take effect soon. Trump also imposed tariffs on Canadian autos and parts starting next year. White House advisor Peter Navarro predicted a worse deal for Canada in the future. He stated that Canada would not get the same advantageous offer again.
Prince Harry and Meghan Markle have returned to the UK, with the couple said to have found a hidden gem in the Cotswolds as their potential new home. The picturesque area could put the Sussexes among some of Britains and Americas biggest celebrity names, including Ellen DeGeneres and Portia de Rossi, the Beckhams, Kate Moss and Stella McCartney.
EAC-PM calls for fewer, equal-sized banks
An EAC-PM paper finds that banking efficiency has improved sharply since FY20.
India Inc turns to M&As as stronger balance sheets fuel growth push
Deal volumes have more than doubled since FY17; three-fourths of acquirers saw ratings reaffirmed or upgraded after acquisitions
Devyani International, Sapphire Foods revise proposed merger scheme
Promoter SFML will join the merger on the same terms as other Sapphire Foods shareholders after its planned 18.5 per cent stake sale to Arctic International was terminated
AESL wins 4,700 cr transmission project in Maha for 4.5 GW renewable power
The 36-month project will add 562 circuit km of transmission lines and 9,000 MVA of transformation capacity while supporting pumped-storage projects in Maharashtra
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities reversed morning gains to close sharply lower, with Sensex falling 183 points and Nifty declining 0.52%. IT stocks weakened on visa concerns, offsetting gains in banks and metals. Technical signals pointed to continued range-bound trading and caution.
Market Trading Guide: Ashok Leyland among 2 stock recommendations for Thursday
Indian markets ended marginally lower as sectoral divergence offset gains in banks and metals. IT stocks weakened on visa appointment concerns, while easing bond yields supported financials. Analysts recommended Ashok Leyland and NMDC, citing strong breakouts and improving technical momentum.
JSW puts 50GWh cell plant on hold as China tech curbs block partnership
The JSW Group, led by Sajjan Jindal, has halted plans for a 50 GWh battery cell gigafactory in India owing to the inability to secure a partner for lithium iron phosphate technology from China.
Bajaj General Insurance unveils health cover for families with pets
The policy covers in-patient hospitalisation, room rent, road and pet ambulance services, pre- and post-hospitalisation expenses, domiciliary care, modern treatment methods.
Meeshos FY26 growth comes at a cash-flow cost as user acquisition, logistics spending rise
Cash flow deteriorated despite robust operating growth, with Meeshos annual transacting users up 33% to 264 million and placed orders rising 45.5% to 2.67 billion
JSW Group puts Odisha battery plant on hold over LFP technology constraints
The JSW Group had signed a MoU with Odisha in February 2024 to establish an integrated electric vehicle and battery manufacturing facility in the state, with a proposed investment of 40,000 crore.
Salim Ramjis Vanguard strikes $4 billion deal to buy wealth platform Altruist: Report
Vanguard agrees to acquire Altruist for about $4 billion, expanding its wealth management and financial advice business.
JSWs Parth Jindal keeps door open on koda VW deal as auto ambitions widen
koda, which leads Volkswagen Groups operations in India, has been seeking a local partner to share risk and accelerate growthJSW Group is keeping the door open on a potential koda Volkswagen manufacturing venture as it builds out JSW Motors and deepens its SAIC alliance, with Press Note 3 easing opening avenues for fresh investment to support MGs ambition of eventually scaling to one million vehicles.
Axis Energy teams up with Lumara for a 400 MW Solar Project in AP
The project is expected to create significant employment opportunities for local communities
D2C funding shifts to early stage as exits widen for Indias consumer brands
The industry recovered 9 per cent in 2025 to $898 million, with the recovery being driven largely by seed and early-stage capital.
Hyundai Motor aims 5.55 million units in global sales by 2030, to bolster business in India: CEO
The company will launch or refresh over 100 models by 2030, including its first extended-range electric vehicle
Prudential to sell up to 2% stake in ICICI Prudential AMC worth around 3,190 crore
Prudential is pricing the deal in the range of 2,998-3,158 per share, representing a 2-7% discount to ICICI Prudential AMC's Wednesday closing price of 3,222.80 on the NSE
Avaada Electro files IPO papers with SEBI, eyes 7,600 crore
The IPO comprises a 1,600-crore fresh issue and a 6,000-crore OFS by promoter Avaada Ventures Private Ltd
Jio Financial bets on AI, global partnerships to drive next phase of growth
Jio Credit's AUM has crossed 30,000 crore and JioBlackRock's 21,000 crore as JFS expands lending, investments and insurance through technology and global alliances
Capital Group sells 1% stake in D-Mart for Rs 2,537 crore
Capital Group divested a 1.04 percent stake in Avenue Supermarts for Rs 2,537 crore. This significant open market transaction involved selling over 67 lakh equity shares of D-Mart's parent company. The shares were offloaded at an average price of Rs 3,750.58 per share. Avenue Supermarts' stock experienced a slight decline following the divestment announcement. The company recently reported an 11.33 percent rise in its June quarter net profit.
New Delhi [India], August 26: ROI Spectrum, an AI-powered digital growth and marketing technology company focused on measurable, sustainable business growth, today announced the expansion of its proprietary technology platform with three AI driven capabilities designed to help businesses build stronger digital authority and compete in the rapidly changing landscape of search and online discovery.
Prudential to sell 2% in India asset manager to meet regulatory threshold
Prudential Corporation Holdings Ltd., a subsidiary of the UK-based insurer, will offload 9.9 million shares in ICICI Prudential Asset Management Co. on Aug. 27
TVS Motor celebrates one million TVS iQube families with MillionR special edition
The new MillionR edition marks this achievement while reinforcing TVS iQubes position as Indias favourite family EV
Octave opens largest global office in Hyderabad, bets big on India
Octave Intelligence has opened its largest global office in Hyderabad, India. This new technology center will drive software engineering, AI, and product development efforts. The company sees significant growth opportunities in India's expanding infrastructure sector. Octave's software supports critical assets across their entire lifecycle. The firm is also exploring acquisition possibilities following its recent spin-off.
Runable raises $21 million to help small businesses grow with AI agents
The AI agent platform has reached 1.5 million users and $2 million in annual recurring revenue, and will use the funds to expand growth channels, its free academy and team
JSW Group in talks with SAIC of China to increase stake in JV
JSW MG Motor India is investing around 3,500 crore to double annual capacity to 220,000 vehicles
HDFC Bank faces US class action over alleged securities law violations
Jwalant Natvarlal Soneji, an HDFC Bank investor, filed a securities-fraud class-action complaint on 13 August in the US District Court for the Southern District of New York against the lender.
Aastha Spintex fixes Sept 9 as record date for dividend
The dividend has to be approved by shareholders at the companys annual general meeting to be held on September 16
Wipro Consumer Care enters India's premium pet food market with Snuggles
The company has launched dry dog food combining kibble with freeze-dried chicken chunks as packaged pet food penetration remains at just 7 per cent among pet parents in India
Jindal's MG joint venture looks to recover its lost ground
JSW MG Motor India has launched the Hector Tomahawk SUV with EV and plug-in hybrid options to reclaim its second-place rank in Indias electric vehicle market. The launch comes as JSW and China's SAIC negotiate further investments while preparing to triple local manufacturing capacity.
Sweet Karam Coffee eyes doubling revenue in FY27 as non-South markets gain traction
The predominant growth lever for the company, going forward, will be entering new geographies
Utsav raises 36 crore in round led by Atomic Capital
The funds will expedite Utsavs product, technology, and team growth as it builds a digital layer connecting devotees, temples, and rituals in India and the diaspora
Apollos flagship oncology unit in Teynampet expands footprint into multi-speciality healthcare
The upgraded facility comprises 300 beds, including 51 critical care beds, supported by 5 modern operating theatres and 1 Cath Lab
GK Energy gains after receiving Rs 455-cr solar project order
GK Energy jumped 5.82% to Rs 133.60 after the company announced that it has received a Letter of Empanelment from a leading state government-owned power distribution utility for the execution of grid-connected rooftop solar photovoltaic projects.
Flipkart Minutes pulls ahead of Instamart in quick-commerce race: report
Blinkit remains a clear leader with 969 stores, accounting for about 27% of the 3,536 dark stores CLSA mapped across the 10 cities.
HAL and Safran ink deal for joint development, manufacture of new-generation copter engine
The Design & Development of Aravalli engine is expected to be completed by 203233, HAL said on Wednesday
New Delhi [India], August 26: When a family in Assam faces a psychiatric emergency today, their options are limited: travel to a tertiary government hospital, depend on a district mental health programme with variable capacity, or send their loved one outside the state. Athena Behavioral Health is changing that equation.
Mold-Tek Packaging proposes 1:1 bonus issue, recommends Rs 3 final dividend
Mold-Tek Packaging said its board has approved and recommended a bonus issue of equity shares in the ratio of 1:1, subject to shareholders' approval.
Symbiotec Pharmalab IPO subscribed 5.30 times
The offer received bids for 6.96 crore shares as against 1.31 crore shares on offer.
Annu Projects IPO subscribed 47%
The offer received bids for 82.71 lakh shares as against 1.76 crore shares on offer.
Skyways Air Services IPO subscribed 5.08 times
The offer received bids for 15.02 crore shares as against 2.95 crore shares on offer.
Hy-Tech Engineers IPO subscribed 50.76 times
The offer received bids for 92.10 crore shares as against 1.84 crore shares on offer.
Pune (Maharashtra) [India], August 26: Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited), one of India's leading private general insurers, today announced the launch of My Family Complete, a pioneering health insurance product that extends the definition of family to include pet dogs and cats . This first-of-its-kind plan bridges the gap of fragmented protection by replacing separate policies for human family members and pets with one unified plan that treats pets as insured family members, ensuring shared coverage under a single health protection framework . The plan offers sum insured options ranging from INR 5 Lakhs to INR 5 Crores, with flexible tenures of up to five years, with a balanced combination of indemnity and benefit-based payouts.
Sensex slips 183 points, Nifty slips below 24,250 as IT stocks drag
Domestic equity indices ended lower on Wednesday as investors booked profits at higher levels and remained cautious ahead of the US July Personal Consumption Expenditures inflation data, the Federal Reserve's preferred inflation gauge. The data is expected to provide fresh clues on the outlook for US interest rates.
Board of Mold-Tek Packaging appoints directors
At meeting held on 26 August 2026
Hindustan Copper OFS sees strong retail demand; govt sells 6% stake
Hindustan Copper announced that government of India concluded its offer for sale (OFS) to divest up to a 6% stake in the company.
Augmont Enterprises IPO ends with 105.78 times subscription
The offer received bids for 81.61 crore shares as against 77.15 lakh shares on offer.
Nifty settles below 24,250 mark; cements shares advance
In the broader market, the S&P BSE Sensex declined 183.15 points or 0.24% to 77,472.94. The Nifty 50 index lost 126.80 points or 0.52% to 24,207.75.
Mint Explainer: Why brands are calling out rivals in their ads
Comparative advertising is not new in India. But it's becoming less about 'my product is better' and more about challenging a rivals claims and positioning.
Ajmera Realty & Infra India fixes record date for final dividend
Record date is 16 September 2026
Sensex settles 183 pts lower; Nifty ends below 24,250
As per provisional closing data, the S&P BSE Sensex declined 183.15 points or 0.24% to 77,472.94. The Nifty 50 index lost 126.80 points or 0.52% to 24,207.75.
Siyaram Recycling Industries gains after receiving Rs 6-cr orders
Siyaram Recycling Industries advanced 2.16% to Rs 37.30 after the company announced that it has received orders worth around Rs 5.66 crore from different entities.
Blue Cloud Softech Solutions Ltd leads losers in 'B' group
Elitecon International Ltd, Ladderup Finance Ltd, Filatex India Ltd and We Win Ltd are among the other losers in the BSE's 'B' group today, 26 August 2026.
Volumes jump at SBFC Finance Ltd counter
SBFC Finance Ltd saw volume of 107.1 lakh shares by 14:14 IST on NSE, a 8.11 fold spurt over two-week average daily volume of 13.21 lakh shares
Bank of Maharashtra gains for third straight session
Bank of Maharashtra is quoting at Rs 86.07, up 5.35% on the day as on 12:49 IST on the NSE. The stock is up 63.85% in last one year as compared to a 0.91% slide in NIFTY and a 28.29% slide in the Nifty PSU Bank index.
Glenmark Pharmaceuticals Ltd soars 1.8%, rises for third straight session
Glenmark Pharmaceuticals Ltd is quoting at Rs 2443.1, up 1.8% on the day as on 12:49 IST on the NSE. The stock is up 26.13% in last one year as compared to a 0.91% fall in NIFTY and a 22.33% fall in the Nifty Pharma index.
