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DS Group Marks 97th Founders' Day with 'DS-Verse', Telling its Story in the Sky

New Delhi [India], August 25: On the occasion of its 97th Founders' Day, the Dharampal Satyapal Group, (DS Group), a leading FMCG conglomerate and multi-business corporation, brought its remarkable journey to life in an entirely new way with the launch of 'DS-Verse,' an immersive experience that tells the story of the DS Group in the sky. At the heart of DS-Verse is the idea of a unique storytelling of the journey of DS Group since 1929. By scanning a QR code on the smartphones and pointing the device towards the sky, users can explore an augmented reality universe where constellations become gateways to different chapters of DS Group's journey. Each constellation opens up stories around the Founders, the Group's philosophy, key milestones, brands and businesses, as well as its CSR and sustainability initiatives and the impact created in communities.

Business Standard 25 Aug 2026 7:05 pm

NBCC bags Rs 122-cr order from Rajasthan Council of School Education

NBCC (India) announced that it has received a work order worth approximately Rs 121.74 crore from the Rajasthan Council of School Education in the ordinary course of business.

Business Standard 25 Aug 2026 6:50 pm

GLHRL alters object clause under Memorandum of Association

Global Longlife Hospital and Research has altered its Main Objects under Clause III A of the Memorandum of Association (MOA) by inserting additional sub-clauses to expand and clarify the scope of business activities that the Company is authorised to undertake.

Business Standard 25 Aug 2026 6:50 pm

Ritco Logistics arm raises capital Rs 78.26 cr

The newly raised capital of Rs 78.26 crore inside the subsidiary will be deployed to strengthen core technology infrastructure, expand high-tier product engineering and data science teams, accelerate the capabilities of TrucksUp's intelligent freight-matching engine, working capital requirements and general corporate purposes.

Business Standard 25 Aug 2026 6:50 pm

Krystal Integrated Services bags Rs 17-cr work order

Krystal Integrated Services announced that it has received a work order worth Rs 17.25 crore from The Maharashtra Rajya Sahakari Sangh Maryadit, Pune, for providing manpower services across various districts of Maharashtra.

Business Standard 25 Aug 2026 6:31 pm

NIS Management receives SBI SME Rhodium status

NIS Management has been accorded the SME Rhodium status, being the highest status under the SBI SME Star Rating Programme, by the State Bank of India (SBI).

Business Standard 25 Aug 2026 6:31 pm

Lupin allots 30,967 equity shares under ESOP

In view of the above, the issued and paid-up share capital of the Company has increased to Rs 91,45,31,722 consisting of 45,72,65,861 equity shares of Rs 2/- each.

Business Standard 25 Aug 2026 6:04 pm

Credit growth stays robust, agriculture lending expands

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Business Standard 25 Aug 2026 6:04 pm

High-frequency indicators for India continued to reflect buoyant economic activity in July, says RBI

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Business Standard 25 Aug 2026 6:04 pm

Oriental Rail Infra jumps after bagging Rs 2-cr order

Oriental Rail Infrastructure surged 9.93% to Rs 132.30 after the company announced that it has secured an order worth Rs 1.75 crore from Integral Coach Factory (ICF), Chennai, Indian Railways.

Business Standard 25 Aug 2026 5:52 pm

Augmont Enterprises IPO subscribed 105.78 times

The offer received bids for 81.61 crore shares as against 77.15 lakh shares on offer.

Business Standard 25 Aug 2026 5:50 pm

INR driven higher by positive domestic markets, weaker greenback and easing oil prices

The Indian rupee pared initial losses and settled for the day higher by 24 paise at 95.46 (provisional) against the US dollar on Tuesday, driven by positive domestic markets, a weaker greenback, and a fall in crude oil prices. Local shares reversed an early slide to end modestly higher on Tuesday as U.S. Treasury yields eased from recent highs following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. The BSE Sensex closed higher by 286.98 points (0.37%) at 77,656.09, and the NSE Nifty 50 ended up 115.50 points (0.48%) at 24,334.55. Overall weakness in the US dollar on declining odds of a rate hike may support the rupee at lower levels.

Business Standard 25 Aug 2026 5:50 pm

Indian economy continued to display strength amid buoyant domestic demand buoyant

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Business Standard 25 Aug 2026 5:50 pm

American Pistachios: A Protein-Packed Rakhi Gift

New Delhi [India], August 25: This Raksha Bandhan, move beyond conventional sweets and gift your sibling something that combines indulgence with everyday nutrition. American Pistachios make for a thoughtful gifting choice, offering a delicious source of plant-based protein along with fibre and healthy fats. Whether presented as a premium pistachio hamper, snack jar, or festive gift box, they bring a wholesome touch to the celebrations.

Business Standard 25 Aug 2026 5:45 pm

Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe option

Hindustan Coppers government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The Centre will exercise the greenshoe option, potentially raising the stake sale to 6%, with retail bidding opening August 26.

The Economic Times 25 Aug 2026 5:29 pm

Zee approaches SAT seeking one-day extension to complete fundraise

The media firm is seeking relaxation for the pending infusion of Rs 76 crore of the Rs 3,143 crore fundraise after a portion was remitted a day later

Business Standard 25 Aug 2026 5:28 pm

Suzlon's 10,500 crore Andhra Pradesh wind energy projects on track

The 1,325 MW wind energy projects are expected to generate 1,600 direct and indirect jobs, while Suzlon has expanded its smart blade manufacturing facility

Business Standard 25 Aug 2026 5:26 pm

RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISME

FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt working-capital finance for MSMEs. The industry body said revolving credit helps small businesses manage cash-flow gaps, as they can draw funds when needed, pay interest only on the amount used and restore their credit limit after repayment.

The Economic Times 25 Aug 2026 5:17 pm

Kirloskar Brothers shares slip 1.2% as Supreme Court sends family dispute to arbitration

The stock ended at 1,899 on the NSE, down 23.40 or 1.22 per cent from Mondays close of 1,922.40

The Hindu Businessline 25 Aug 2026 5:04 pm

Japanese stocks recover as tech shares rebound

Investors are also looking ahead to Nvidias earnings later this week for fresh signs of demand for AI-related products. Federal Reserve Chair Kevin Warshs speech at the Jackson Hole symposium on Friday will also be closely watched for clues on the US interest-rate outlook.

Business Standard 25 Aug 2026 5:04 pm

Chinese stocks mixed as tech shares weigh

Investors continued to reduce their exposure to technology stocks ahead of Nvidias earnings on Wednesday, which could test confidence in the ongoing AI-driven rally. Eoptolink Technology fell 2.70% despite reporting strong growth in revenue and profit. Hua Hong Semiconductor, Zhongji Innolight and NAURA Technology also declined.

Business Standard 25 Aug 2026 5:04 pm

Three major Indian banks raise over $1.85 billion in offshore bonds, signalling strong global market participation

Axis Bank, Kotak Mahindra Bank, and Union Bank of India, made significant moves in the international debt markets on Monday and Tuesday

The Hindu Businessline 25 Aug 2026 4:55 pm

Nifty September futures trade at premium

India VIX slides 3.40% to 11.13.

Business Standard 25 Aug 2026 4:50 pm

Croma's New Campaign 'Ghar Banta Hai Croma Se' Celebrates the Beautiful Moments That Turn Houses into Homes

New Delhi [India], August 25: Croma, India's trusted omni-channel electronics retailer from the Tata Group, today launched 'Ghar Banta Hai Croma Se' celebrating its deep connection with Indian households, and the relationships, conversations, and memories that turn a house into a home.

Business Standard 25 Aug 2026 4:35 pm

Jefferies picks 4 NBFCs with up to 20% upside that may continue outperforming Nifty, bank stocks. Heres why

Jefferies has picked Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital and Shriram Finance to outperform the Nifty and bank stocks, with target prices implying up to 20% upside. The brokerage expects strong earnings growth, asset-quality improvement and EPS upgrades to drive gains, despite limited scope for valuation re-rating.

The Economic Times 25 Aug 2026 4:32 pm

Federal Bank falls 4% on report of Jana Small Finance Bank stake acquisition

Federal Bank shares fell nearly 4% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could involve buying Jana Holdings 16.9% stake followed by an open offer. Jana Holdings is seeking to sell its stake to meet bond repayment obligations by December 2026.

The Economic Times 25 Aug 2026 4:30 pm

L&T secures BESS projects worth up to 10,000 crore in West Asia

Each of the three projects will feature a four-hour BESS system to store surplus renewable energy and dispatch it during peak demand to support grid stability

The Hindu Businessline 25 Aug 2026 4:18 pm

Rays of Belief IPO: Mom's Belief operator announces price band for issue opening on September 1

Rays of Belief, which operates under the Moms Belief brand, will open its IPO on September 1, with a price band of Rs 227-239 per share. The Rs 125 crore issue comprises a fresh issue of 52.30 lakh shares and will close on September 3. The company plans to use the proceeds to expand its centre network across India.

The Economic Times 25 Aug 2026 4:12 pm

Multibagger stocks: Ather Energy, Hind Copper, MCX among stocks which surged up to 250% in one year

Despite Nifty 50 losses, several Nifty 500 stocks delivered multibagger returns over the past year. Ather Energy led with 248%, followed by HFCL, Welspun Corp, Aditya Infotech, Hindustan Copper, RR Kabel and others.

The Economic Times 25 Aug 2026 4:04 pm

Sensex settles 287 pts higher; Nifty ends above 24,300 level

As per provisional closing data, the S&P BSE Sensex jumped 286.98 points or 0.37% to 77,656.09. The Nifty 50 index added 115.50 points or 0.48% to 24,334.55.

Business Standard 25 Aug 2026 4:04 pm

Avaada signs pact for 10,000 crore green industrial campus in Hisar

The proposed 300-acre campus will run on round-the-clock renewable energy, create over 5,000 jobs and support industries seeking to decarbonise operations

Business Standard 25 Aug 2026 3:56 pm

BMW Ventures bags Rs 25-cr orders from Tata Projects

BMW Ventures announced that it has received two purchase orders worth an aggregate Rs 24.98 crore from Tata Projects for the supply of TMT steel of FE-550D grade for the 3X800MW USCTPP-Adani project.

Business Standard 25 Aug 2026 3:50 pm

Hindustan Copper Ltd leads losers in 'A' group

TD Power Systems Ltd, Paras Defence and Space Technologies Ltd, Rain Industries Ltd and Data Patterns (India) Ltd are among the other losers in the BSE's 'A' group today, 25 August 2026.

Business Standard 25 Aug 2026 3:50 pm

Shah Metacorp Ltd leads losers in 'B' group

DJ Mediaprint & Logistics Ltd, ICDS Ltd, Rashi Peripherals Ltd and MPDL Ltd are among the other losers in the BSE's 'B' group today, 25 August 2026.

Business Standard 25 Aug 2026 3:50 pm

Volumes jump at Fertilizers & Chemicals Travancore Ltd counter

Fertilizers & Chemicals Travancore Ltd saw volume of 301.62 lakh shares by 14:14 IST on NSE, a 206.35 fold spurt over two-week average daily volume of 1.46 lakh shares

Business Standard 25 Aug 2026 3:50 pm

Samvardhana Motherson International Ltd down for fifth straight session

Samvardhana Motherson International Ltd is quoting at Rs 165.16, down 2.27% on the day as on 13:19 IST on the NSE. The stock jumped 77.67% in last one year as compared to a 2.36% slide in NIFTY and a 14.26% spurt in the Nifty Auto index.

Business Standard 25 Aug 2026 3:50 pm

Sona BLW Precision Forgings Ltd down for fifth straight session

Sona BLW Precision Forgings Ltd is quoting at Rs 806.55, down 0.85% on the day as on 13:19 IST on the NSE. The stock jumped 77.77% in last one year as compared to a 2.36% slide in NIFTY and a 14.26% spurt in the Nifty Auto index.

Business Standard 25 Aug 2026 3:50 pm

Davangere Sugar Company allots 26.59 cr equity shares on conversion of FCCBs

With this allotment, the paid up equity share capital has increased to Rs 169,58,95,798/-divided into 169,58,95,798- fully paid-up equity shares of Re 1/- each and 900 FCCBs of Principal amount of USD 1,00,000/- as listed at Afrinex Exchange (AFRINEX Securities List, Republic of Mauritius) remain outstanding post aforesaid conversion.

Business Standard 25 Aug 2026 3:50 pm

Federal Bank denies reports of majority stake acquisition in Jana SFB as stock drops 4.4%

Earlier on Tuesday, a CNBC-TV18 report citing sources said Federal Bank and Jana SFB are in advanced stages of a deal for the private bank to acquire a majority stake in the small finance bank.

Livemint 25 Aug 2026 3:49 pm

L&T wins three BESS projects worth over 5,000 crore in West Asia

The three battery energy storage projects will collectively add 6 GWh of storage capacity and include grid interconnections, substations and underground cables

Business Standard 25 Aug 2026 3:47 pm

Sensex rises 287 points, Nifty closes above 24,300 as market swings into green on first monthly expiry after CAS

The Indian stock market ended higher on Tuesday after a volatile session, with Sensex gaining 287 points and Nifty rising 115 points. Pharma, PSU banks and consumer durables led sectoral gains, while private banks and metals declined. IndiGo, Adani Ports, Infosys and Trent gained, while Eternal and HCLTech fell.

The Economic Times 25 Aug 2026 3:45 pm

MFs kept buying these 9 largecap stocks for 2 quarters; shares surged up to 50%

Mutual funds have steadily raised their holdings in several large-cap stocks over the past two quarters, with nine such stocks delivering 25-50% gains in CY26 so far. Data from ACE Equity shows that Adani Energy Solutions, Lenskart Solutions and ABB India led the pack, while Adani Power, Siemens, Bosch, Adani Green Energy, Billionbrains Garage Ventures and Titan Company also recorded strong gains alongside rising MF ownership.

The Economic Times 25 Aug 2026 3:38 pm

Hindustan Zinc shares fall 3% on reports of fresh government stake sale via OFS

Hindustan Zinc shares dropped on Tuesday after expectations of a fresh government stake sale through an OFS resurfaced following the Hindustan Copper stake sale. The government is reportedly considering selling around 1.5% of Hindustan Zinc, which could raise Rs 3,500-4,000 crore. The stock has declined nearly 3% in 2026.

The Economic Times 25 Aug 2026 3:36 pm

Govt weighs annual random drug tests for all airline pilots

If annual random testing is expanded to all pilots, then India would be the first country in the world to have such a norm.

Livemint 25 Aug 2026 3:36 pm

Va Tech Wabag makes Kuwait debut with new desalination plant deal

The plant will combine Sea Water Reverse Osmosis technology with a Recarbonation System, with construction scheduled over 36 months

The Hindu Businessline 25 Aug 2026 3:34 pm

Tata Comm and TMPV partner to power new Sierra.ev with seamless connectivity

Tata Communications and Tata Motors Passenger Vehicles (TMPV) today announced collaboration to power the newly launched Sierra.ev, with in-built 5G cellular connectivity, paving the way for futuristic Software-Defined Vehicles (SDVs).

Business Standard 25 Aug 2026 3:31 pm

Boundless VC closes 300 crore fund to back early-stage AI, frontier-tech firms

This comes at a time when India has fallen behind the US and China in building globally competitive foundational AI models. While the industry sees greater opportunities for Indian startups at the application layer, a lack of early-stage local risk capital may pose challenges.

Livemint 25 Aug 2026 3:28 pm

Airbound secures $37 million as it moves drone delivery towards commercial scale

The funding will be used to accelerate engineering, commercial-scale manufacturing and go-to-market initiatives

The Hindu Businessline 25 Aug 2026 3:22 pm

RBI measures to lift Indias ECB inflows to $75-80 billion in FY27: Citis corp banking head

According to Neeraj Kumar, the projection was revised upward over the past two months after the RBI introduced measures in June allowing banks and public-sector companies to raise foreign-currency funds under a special window.

Livemint 25 Aug 2026 3:21 pm

Designed by Prakash Nair: Inside Hyderabad's First-of-Its-Kind Biophilic School Campus

Hyderabad (Telangana) [India], August 25: A new kind of learning environment opened its doors to children and families in Nanakramguda, Hyderabad, in July 2026. At Sagebrook International School, the space itself is treated as a partner in a child's development rather than a container for it. Created in partnership with Whitgift School UK, the campus is a first-of-its-kind in Hyderabad: a school where biophilic design and a neuro-inclusive philosophy shape every space a child moves through.

Business Standard 25 Aug 2026 3:20 pm

Urban Company vs Kent RO: Delhi HC directs pull-down of disputed purifier ads

Urban Company previously filed a defamation suit against Kent RO Systems in the Delhi High Court over ads and social media content about its NATIVE water purifiers

The Hindu Businessline 25 Aug 2026 3:17 pm

SoftBank cuts Lenskart stakes for second time, sells 2,888 cr worth shares to Goldman Sachs, Societe Generale, others

SoftBank has reduced its stake in Lenskart by offloading shares worth 2,888 crore, following a previous sale of 2,873 crore. Its holding has fallen from 9.86% to 7.28%, making it the second-largest public shareholder in the eyewear company.

Livemint 25 Aug 2026 3:16 pm

Inflow Technologies Partners with 1Kosmos to Deliver Identity Verification and Passwordless Security Across India

Bengaluru (Karnataka) [India], August 25: Inflow Technologies, a leading value-added distributor of ICT infrastructure solutions, and 1Kosmos, a leader in unifying identity proofing and passwordless authentication, today announced a strategic distribution partnership to bring the 1Kosmos platform to organizations across India. Together, the companies will help enterprises verify a person's identity before issuing credentials, replace password-dependent access, and reduce identity impersonation, account takeover, and fraud.

Business Standard 25 Aug 2026 3:05 pm

Louisiana used 13 million pounds of discarded oyster shells to build 8,000 feet of living shoreline; studies found oyster reefs can reduce wave heights under some conditions

In Louisiana, discarded oyster shells are being creatively transformed into living shorelines to combat coastal erosion and rising sea levels. This innovative project collects shells from restaurants, providing a habitat for juvenile oysters to thrive. Studies indicate that these reefs can effectively diminish wave impact during certain flooding scenarios. This community-focused initiative is making strides across Gulf states, presenting an eco-friendly solution for coastal resilience.

The Economic Times 25 Aug 2026 3:00 pm

Tata Communications, Tata Motors partner to launch 5G-powered Sierra.ev

The Tata Communications MOVE Connected Vehicle Platform will integrate with the N.IO SDV platform, enabling seamless connectivity and enhanced in-vehicle experiences

The Hindu Businessline 25 Aug 2026 2:57 pm

Kriti Sanon hits back at Kangana Ranaut over Raksha Bandhan Ad controversy, says when will we stop telling women what to wear?

Kriti Sanon's latest jewellery advertisement has sparked a heated debate online regarding the outfit she wore. Kangana Ranaut shared her thoughts on its appropriateness for the festival, while Sanon countered by emphasizing the deeper emotional ties of traditions over mere clothing choices. She asserted that true cultural respect emanates from the heart and is not confined to what one wears.

The Economic Times 25 Aug 2026 2:54 pm

SEBIs ITRI a global test for Indias future-ready financial architecture | Explained

The IT Resilience Index seeks to measure the resilience of critical systems at market infrastructure institutions amid rising technology dependence in Indias capital markets

The Hindu 25 Aug 2026 2:52 pm

Nifty trades below 24,200 level; auto share decline

At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 90.83 points or 0.12% to 77,278.28. The Nifty 50 index lost 45.50 points or 0.18% to 24,172.25.

Business Standard 25 Aug 2026 2:50 pm

Avaada inks MoU with Haryana for 10,000 crore Zero-CBAM Green Industrial Campus

The proposed campus is envisioned as a next-generation green industrial ecosystem, powered by reliable, traceable and round-the-clock renewable energy; the project is expected to create more than 5,000 jobs

The Hindu Businessline 25 Aug 2026 2:46 pm

Indian IT firms are buying growth, one client at a time

The TCS-Porsche deal is the latest of at least nine transactions in which IT firms acquired clients technology businesses alongside large outsourcing mandates, as organic growth slows.

Livemint 25 Aug 2026 2:45 pm

Indias data centre capacity zooms 4x powered by AI

The Economic Times 25 Aug 2026 2:45 pm

Demand notice of 1,755 crore on Tata Steel stayed

The demand was made for alleged excess extraction of 1.62 crore tonnes of mineral coal from the West Bokaro Colliery beyond permissible limits from FY01 to FY07

The Hindu Businessline 25 Aug 2026 2:44 pm

Vodafone Idea shares surge 7%: Is SBI-led debt deal finally nearing closure?

Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt package for the telecom operator. The funding is part of Vis broader Rs 45,000-crore requirement and could provide financial flexibility to expand its network and execute planned capex.

The Economic Times 25 Aug 2026 2:40 pm

Natco Pharma to invest $14 million in eGenesis Inc

Natco Pharma (Canada) Inc will invest $9.5 million and Natco Pharma South Africa $4.5 million in eGenesis via convertible promissory notes

The Hindu Businessline 25 Aug 2026 2:28 pm

Karnataka suspends food licences of Amazon, Swiggy Instamart, BigBasket over Datura listings

The States food safety regulator directed the three platforms to immediately remove all listings, advertisements and promotional material offering Datura

The Hindu Businessline 25 Aug 2026 2:23 pm

Coal India plans 1 trillion investment in coal evacuation, gasification

The investment comes as the miner targets 1 billion tonnes of annual output by FY30 and absorbs higher diesel and ammonium nitrate costs without an immediate coal price hike.

Livemint 25 Aug 2026 2:22 pm

Strong Returns! IPO market heats up with 25% average listing gains in two months

Indias IPO market has staged a strong comeback in July-August, with 18 of 22 listings delivering positive debut-day returns. Average listing gains stood at 25%, sharply above the 7% recorded in Q1FY27. Analysts expect momentum to continue, supported by strong investor sentiment, attractive valuations and major upcoming IPOs.

The Economic Times 25 Aug 2026 2:18 pm

Tata Steel gets interim relief in 1,755-crore Jharkhand coal mining demand case

The case relates to alleged excess extraction of coal from Tata Steel's West Bokaro Colliery in Jharkhand during FY2000-01 to FY2006-07

The Hindu Businessline 25 Aug 2026 2:09 pm

Aerospace startup Airbound raises $37 mn to expand autonomous aircraft biz

The Bengaluru aerospace startup will use the Series A capital to scale engineering and manufacturing, while its Andhra Pradesh network is planned to handle up to 10,000 daily flights

Business Standard 25 Aug 2026 2:07 pm

Kedaara Capital invests $200 million in Tynor Orthotics

Kedaara Capital will work with Tynors promoters, P.J. Singh and A.J. Singh, management team and long-standing strategic partner Thuasne.

Livemint 25 Aug 2026 2:05 pm

PVR Inox to consider share buyback proposal, board to meet on Aug 31

The company has not shared any details on the number of shares or the price at which it will offer the buyback plan

Business Standard 25 Aug 2026 1:53 pm

Nifty trades near the day's low; European markets bounce back from recent lows

The benchmark indices pared most of the recovery gains and traded near the day's low in afternoon trade. Market sentiment remained subdued amid weak global cues, while volatility stayed in focus as investors navigated the monthly expiry of Nifty 50 derivatives today. Nifty traded below the 24,150 mark. Banks, oil & gas and chemical stocks declined while pharma and heatlhcare managed to trade with some gains.

Business Standard 25 Aug 2026 1:51 pm

RateGain appoints Shobana Kailash as CHRO

As Chief Human Resources Officer, Shobana will lead RateGain's global people strategy. She will own talent, leadership development, and organizational culture, and will work closely with the leadership team to strengthen the capability and leadership the company needs as it enters its next chapter of global growth. A core part of her remit is ensuring RateGain's culture and capability keep pace with the ambition of its technology.

Business Standard 25 Aug 2026 1:50 pm

Prizvox Launches AI Search Visibility Platform for Agencies and Marketing Teams

Kolkata (West Bengal) [India], August 25: Prizvox launched today as an end-to-end AI search visibility platform built for founders, agencies and independent consultants. Prizvox measures how a website performs across Google and AI-generated answers, then carries that measurement through to a strategy and tracked results.

Business Standard 25 Aug 2026 1:35 pm

Axis Bank bets on data centres, gold loans to outpace credit growth

Data centres, renewable energy and urbanisation are driving corporate credit demand, while gold loans and borrowers from smaller cities are fuelling retail growth, its chief executive said

Business Standard 25 Aug 2026 1:13 pm

697 days, no new record high: Sensex hits worst two-year return stretch since 2012. Will this end soon?

The Sensex has gone 697 days without a new record high, marking its longest stretch of weakness in years. In 2026, 37% of trading days have delivered negative two-year returns, the highest share since 2012. However, easing FII selling, resilient domestic flows and potential foreign inflows could support a recovery.

The Economic Times 25 Aug 2026 1:10 pm

Illinois Senate declares August 15th as National India Hub Day at the world's largest Indian community center

Schaumburg (Illinois) [US], August 25: More than 100 organizations came together at National India Hub, the World's Largest Indian Community Center, for INDIA FEST 2026, joined by India's dance icon Prabhu Deva, Chitra Tripathi and Lt. Gen. K.J.S. Dhillon and several Elected Officials turning August 15 into a powerful celebration of unity, volunteerism and community service.

Business Standard 25 Aug 2026 1:05 pm

NSE IPO coming soon: Should investors buy unlisted shares now or wait for the mega issue?

With NSEs IPO expected in the second half of September, investors face a choice between buying its unlisted shares or waiting for the public issue. NSEs unlisted shares are currently trading around Rs 2,015, little changed from their level when the exchange filed its DRHP. The stock has traded between Rs 1,800 and Rs 2,150 over the past year.

The Economic Times 25 Aug 2026 12:53 pm

Indices pare losses; Nifty above 24,150 mark

The Nifty option chain for the 25 August 2026 expiry indicated a narrow trading range, with maximum call open interest (OI) of 4.47 crore contracts at the 24,200 strike, suggesting stiff resistance near this level. On the downside, maximum put OI of 3.85 crore contracts at the 24,150 strike pointed to strong support.

Business Standard 25 Aug 2026 12:50 pm

Musk-led SpaceX to launch first Nvidia-powered AI satellite, eyes orbital data centre debut in 2027

SpaceX founder Elon Musk announced that the company plans to launch its first AI satellites powered by Nvidia chips in Q4 next year, with the fleet expected to reach significant scale by 2028. The company is also pursuing plans for orbital data centres.

Livemint 25 Aug 2026 12:47 pm

Axis Bank bets on data centres to gold loans to outpace industry credit growth

Demand is coming from sectors including data centres and small businesses as well as retail borrowers looking to monetise their gold

The Hindu Businessline 25 Aug 2026 12:46 pm

Q1 earnings show resilience, but downside risks still loom. HSBC explains why

Indian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBCs estimates. Mid- and small-cap companies led growth, while financials drove earnings upgrades. However, HSBC flagged risks of downgrades in coming quarters as elevated commodity prices persist and the benefits of GST cuts and inventory gains fade.

The Economic Times 25 Aug 2026 12:43 pm

Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth

Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned DISCOMs. The brokerage lowered its target to Rs 465 for PFC and Rs 410 for REC, while reducing FY26-FY28 loan-book growth estimates to 7%.

The Economic Times 25 Aug 2026 12:37 pm

IFL Finance shares drop 8% as IIFL Home Finance gets Rs 963 crore tax demand

IIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April 2018 to February 2025. The company disputed the additions and said it is pursuing appellate remedies. Separately, IIFL Finance secured a stay on a Rs 475.56 crore tax demand.

The Economic Times 25 Aug 2026 12:33 pm

BJP to contest all 117 seats in Punjab Assembly polls

Addressing the party's first zonal meeting in Patiala, Santosh said Punjab was ready for change and the BJP was prepared to form the government in the state.

Business Standard 25 Aug 2026 12:31 pm

Union Minister for Commerce Piyush Goyal highlights strategic and comprehensive nature of India-Japan relations

Union Minister of Commerce and Industry, Piyush Goyal, today held discussions in Tokyo with senior leaders of leading Japanese financial and investment institutions on strengthening long-term capital flows, deepening investment partnerships and expanding Japanese participation in India's growth story. Goyal highlighted the strength and resilience of the Indian economy, noting that India recorded 7.7 per cent growth last year despite global uncertainties and is working towards becoming a USD 30 trillion economy by 2047. He underlined the strength of India's banking sector, robust capital adequacy, low levels of non-performing assets, expanding middle class and rising disposable incomes as key drivers of sustained economic growth.

Business Standard 25 Aug 2026 12:31 pm

Axis Banks growth hunt to run from data to gold

The Economic Times 25 Aug 2026 12:30 pm

Shadow lender Cholamandalam to sell largest India perpetual bonds by a non-bank

Perpetual bonds typically dont have a maturity date and in the case of Cholamandalams notes they are callable by the issuer after 10 years

The Hindu Businessline 25 Aug 2026 12:30 pm

Airbound raises $37 million in Series A round from Greenoaks

The Bengaluru startup will use the funding to expand engineering, commercial manufacturing and go-to-market efforts as it builds drone delivery networks in India.

Livemint 25 Aug 2026 12:29 pm

Flender expands India wind footprint with new Chennai generator plant

The Winergy facility will expand generator manufacturing, deepen localisation and strengthen Flender's supply-chain capabilities for India's growing wind energy market

Business Standard 25 Aug 2026 12:24 pm