35 C 
Nifty settles below 24,100 level; media shares tumble
Further, market sentiment remained subdued amid the MSCI index rebalancing under the new Closing Auction Session (CAS) mechanism. The Nifty ended below the 24,100 level as investors remained cautious.
Novus Loyalty to acquire up to 80.87% stake in AutoPe
For a consideration of approximately Rs 105.13 cr
C.E. Info Systems in partnership with ClarityX launches Geo-FI
India's first comprehensive Geo-Intelligence Stack for lending
Japanese stocks end mixed as rate hike concerns weigh on sentiment
Investor sentiment was hurt after Fed Chair Kevin Warsh took a hawkish tone in his Jackson Hole speech. He said inflation is not slowing enough and stressed the Feds commitment to bringing inflation back to 2%, raising concerns that US interest rates could remain higher for longer.
China stocks rise despite weak economic data
August PMI data showed that Chinas economy remained under pressure. The Composite PMI improved slightly to 49.5 from 49.3 in July but stayed below the 50 mark, indicating contraction. Both manufacturing and services activity remained weak.
Large currency speculators sharply reduce net short position in Pound futures market
Large currency speculators further reduced net shorts in Pound futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 44524 contracts in the data reported through August 25 2026. This was a weekly decrease of 10049 net short contracts.
IOC boosted LPG output by 30% amid Iran war, refineries ran over capacity
State-owned Indian Oil Corporation (IOC) ramped up liquefied petroleum gas production by nearly 30 per cent and kept its refineries operating above 100 per cent utilisation as disruptions to maritime trade through the Strait of Hormuz threatened India's energy supplies, its chairman said on Monday. The company also diversified crude sourcing, realigned refinery operations and secured alternative supplies as the escalation of conflict in West Asia disrupted global energy markets, IOC chairman Arvinder Singh Sahney said in his address to the company's 67th annual general meeting. For IndianOil, the priority during this unprecedented crisis has remained crystal clear - to maintain continuity of energy supplies despite constrained sourcing options and volatile international markets, he said. India imports more than 88 per cent of its crude oil requirement, while about 45 per cent of its crude imports and nearly 90 per cent of LPG imports are linked to the Strait of Hormuz, underscorin
Govt notifies 1,27,500-crore Semicon 2.0; spells out eligibility norms, sops for chip ecosystem
For startups, financial support will be in the form of grant and equity co-investment, and for companies it would be in the form of royalty financing or equity co-investment
FIIs raise stake in these 12 smallcap stocks in Q1; shares surge up to 123%
GST reforms helping Indian economy weather West Asia war impact: Maruti Suzukis Bhargava
Reforms gave new impetus not only to automobile industry but to several sectors of economy, says Maruti Suzuki India Chairman RC Bhargava
Weizmann Ltd leads losers in 'B' group
Ducon Infratechnologies Ltd, KD Green Industries Ltd, Wonder Electricals Ltd and Virtual Global Education Ltd are among the other losers in the BSE's 'B' group today, 31 August 2026.
Volumes spurt at Supreme Petrochem Ltd counter
Supreme Petrochem Ltd registered volume of 10.43 lakh shares by 14:14 IST on NSE, a 17.49 fold spurt over two-week average daily volume of 59612 shares
Inox Wind Ltd eases for fifth straight session
Inox Wind Ltd is quoting at Rs 69.93, down 2.59% on the day as on 13:19 IST on the NSE. The stock tumbled 50.34% in last one year as compared to a 2.27% slide in NIFTY and a 10.52% spurt in the Nifty Energy index.
CESC Ltd drops for fifth straight session
CESC Ltd is quoting at Rs 146.63, down 1% on the day as on 13:19 IST on the NSE. The stock jumped 31.99% in last one year as compared to a 2.27% slide in NIFTY and a 10.52% spurt in the Nifty Energy index.
Northern Arc Capital jumps 10% after Rs 335-crore block deal. Should you buy?
Northern Arc Capital shares surged after 1.21 crore shares changed hands in a large block deal during the morning session. The stock hit an intraday high of 315 and remained above its opening price and VWAP around noon, indicating that the early gains held through the session.
IOC boosted LPG output by 30% amid Hormuz disruption, refineries ran above capacity
Indian Oil diversified crude sourcing, realigned refinery operations and secured alternative supplies as the West Asia conflict threatened Indias energy flows.
Sensex, Nifty trade sharply lower; IT shares plunge
Market participants remained cautious ahead of the MSCI index rebalancing, which is expected to trigger sizeable passive fund flows under the new Closing Auction Session (CAS) mechanism. The Nifty traded below the 24,100 level.
Tata's Agratas details role of Chinese-owned firm in battery play for first time
Agratas is investing in R&D facilities and personnel to enable technology absorption from AESC and build internal capabilities in this nascent space
Why Invest with Tata AIA? Consistent Outperformance, Independently Validated
Mumbai (Maharashtra) [India], August 31: For long-term investors, one question matters most: can your investment manager consistently create value, cycle after cycle? Tata AIA Life Insurance's record offers a clear answer. As of 31 July 2026, the Multi Cap Fund, Top 200 Fund and India Consumption Fund have each outperformed the S & P BSE 200 over both one-year and five-year periods. That performance now carries independent validation too: as of June 2026, over 96% of Tata AIA's rated assets under management hold a 4- or 5-star Morningstar rating, placing the overwhelming majority of its funds among the highest-rated in their category.
Why Indias new closing auction is agonising traders: Q&A
Indias new 20-minute closing auction system is facing renewed scrutiny after the Sensex briefly plunged nearly 3% during Thursdays session, highlighting concerns over thin liquidity and price volatility. Introduced on August 3 to improve price discovery and align India with global markets, the system has also come under SEBIs lens following an alleged market-manipulation case.
Explained: Why Jefferies prefers Kaynes Tech shares over Dixon Tech; urges caution on Syrma SGS
Jefferies prefers Kaynes Technology over Dixon Technologies as India pushes to deepen domestic electronics component manufacturing. The brokerage has a Buy rating on Kaynes Tech, while maintaining Hold calls on Dixon and Syrma SGS Technology. It expects stronger competition for mobile assembly players and advises caution on Syrma after its sharp rally.
The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent Systems and National Aluminium Company experienced prominent losses, contributing to the negative performance of the Nifty Midcap 100 and Smallcap 100 indices. Influenced by the Federal Reserve's remarks and increasing oil prices, investors are pivoting to prioritize growth opportunities over traditional value stocks.
Bank credit growth stays firm at 18.60% on year
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India Incs top deck is on the move
2026 may be remembered as the year some of its most recognisable boardroom faces began walking out.From Tata Sons and HDFC Bank to Godrej Consumer Products, Air India, Eternal and Biocon, a string of high-profile exits has reshaped leadership at some of India's most prominent companies.The churn has not been confined to traditional businesses either. At Meta and Uber, two of the most influential technology executives in India have moved on both to OpenAI, underlining a second, more intriguing trend: the growing pull of AI on corporate talent.Taken together, the departures suggest that India Inc is entering a period of leadership transition, with long-serving executives making way for successors even as companies rethink strategy, governance and the skills needed for their next phase of growth.N Chandrasekaran | Tata SonsN Chandrasekaran is stepping down as chairman of Tata Sons after almost a decade at the helm.Chandrasekaran informed the board in August that he would not seek another term after his current tenure ends on February 20, 2027.Also Read: N Chandrasekaran resigns as chairman of Tata Sons before AGMChandrasekaran joined TCS in 1987 and spent four decades within the group. He rose to become TCS CEO in 2009 before taking charge of Tata Sons in 2017, succeeding Cyrus Mistry.His exit is particularly significant because Tata Sons sits at the centre of a sprawling conglomerate spanning technology, automobiles, steel, aviation, consumer products and financial services.It also comes at a moment when the group is navigating another major transition, the integration and turnaround of Air India, where Tata has committed billions of dollars to rebuilding the airline.Sashidhar Jagdishan | HDFC BankSashidhar Jagdishan's exit represents one of the year's most consequential leadership resets. Jagdishan decided not to seek a third term as managing director and CEO of HDFC Bank. His current tenure ends on October 26.Jagdishan's journey is unusual even by Indian banking standards. He joined HDFC Bank nearly three decades ago as a finance manager and gradually rose through the ranks before becoming CEO in 2020.Also Read: HDFC Bank CEO Sashidhar Jagdishan set to retire: Finance manager 'Sashi' who rose to corner officeHis defining challenge was also one of India's biggest corporate transactions, the 2023 merger of HDFC Bank with mortgage lender HDFC Ltd.The enlarged institution emerged as one of the world's biggest financial-services businesses, but the integration has not been without challenges. Growth, margins and shareholder returns have come under pressure, while the bank has faced heightened scrutiny over governance and executionAtanu Chakraborty | HDFC BankBefore Jagdishan announced his departure, Atanu Chakraborty had already delivered one of the year's biggest corporate stories.The former economic affairs secretary resigned as HDFC's part-time chairman in March, citing concerns over certain happenings and practices that he said were not in line with his personal values and ethics.Also Read: HDFC Bank chair quits, cites conflict over 'values and ethics'The abrupt resignation briefly wiped billions of dollars from HDFC's market value and raised questions about governance at India's largest private-sector lender.The bank subsequently commissioned external law firms to review the concerns raised by Chakraborty. The review later said his statements and their implications were not substantiated.Sudhir Sitapati | Godrej Consumer ProductsSudhir Sitapati resigned as managing director and CEO of Godrej Consumer Products on August 11, bringing his nearly five-year tenure at the FMCG company to an immediate end.What made the departure especially striking was its timing as shareholders had approved his reappointment for another five years just days earlier.Also Read: Godrej Consumer Products appoints Aasif Malbari as CEO, replacing Sudhir SitapatiSitapati had joined GCPL after a long career at Hindustan Unilever and had been tasked with sharpening the company's growth strategy across India and international markets.His sudden departure sent GCPL shares plunging more than 11% in a single session, the stock's worst fall in more than six years, as investors worried about execution and the company's long-term strategy.Campbell Wilson | Air IndiaCampbell Wilson arrived at Air India with perhaps the most difficult corporate brief in Indian aviation to rebuild a once-iconic national carrier after its return to the Tata Group.The New Zealand-born executive, a veteran of Singapore Airlines and founder of its low-cost carrier Scoot, became Air India's CEO in 2022 after Tata Sons acquired the airline for $2.4 billion.Also Read: Air India CEO Campbell Wilson resigns after Ahmedabad crash, airspace closure trouble Tata-owned carrierHe was tasked with transforming an airline known for ageing aircraft, operational problems and poor service into a global carrier.Under Wilson, Air India placed orders for more than 500 aircraft, embarked on a major technology overhaul and completed the merger with Vistara.But his tenure was overshadowed by mounting challenges, including the fatal crash of an Air India Boeing 787 in Ahmedabad in June 2025 that killed 260 people, as well as persistent financial and operational pressures.Wilson announced his resignation in April 2026, before his term was due to end. He will remain CEO until a successor is appointed.Sandhya Devanathan | MetaSandhya Devanathan, Meta's vice president and head of India and Southeast Asia, left the technology giant after more than a decade and is joining OpenAI.She joined Meta in 2016 and held a series of leadership roles across ecommerce and gaming in Asia-Pacific before becoming its India and Southeast Asia chief.Also Read: Meta's Sandhya Devanathan exits after decade-long stint, to join OpenAIAt OpenAI, she will be based in Singapore as vice president for Southeast Asia and Australia, reporting to Asia-Pacific managing director Kiran Mani. Her remit includes consumer growth, enterprise adoption, partnerships, regulatory engagement and operations.She is one of two senior India corporate leaders to move to OpenAI this year, suggesting that AI companies are becoming credible destinations for executives who have spent years building some of the world's largest consumer and technology businesses.Prabhjeet Singh | UberPrabhjeet Singh offers the other half of that AI story.After more than a decade at Uber, Singh stepped down as president of Uber India and South Asia and is joining OpenAI as its first managing director for India.Also Read: Uber India head Prabhjeet Singh quits, to join as OpenAI MDSingh spent 11 years building Uber's India business and helped turn the country into one of the ride-hailing company's most important global markets.In his farewell message, Singh highlighted the scale of the operation he was leaving behind, including more than 2 million earners on the platform in a recent month.His new mandate is equally ambitious: consumer growth, enterprise adoption, partnerships, regulatory engagement and the development of India's wider AI ecosystem.Nandita Sinha | MyntraSinha stepped down as CEO of Myntra after more than four years at the helm, ending a long career within the Flipkart ecosystem. She subsequently moved to Swiggy, where she took over as CEO of Instamart from August 3.Sinha had joined Myntra in 2022 after earlier roles at Flipkart and had spent years in India's ecommerce ecosystem.Also Read: Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementHer move is less about an executive leaving the sector than about the increasing circulation of senior talent between India's biggest consumer internet companies.The big names show some are leaving after long careers, some moving sideways into new businesses. Some are stepping away from operating roles while retaining strategic influence. And some are being pulled towards a new corporate frontier where AI, rather than banking, FMCG, ecommerce or mobility, could become the next great executive talent magnet.The result is a boardroom in motion and for India's biggest companies, the question is no longer merely who is leaving.
Karur Vysya Bank inaugurates 16 new branches across southern India and Delhi NCR
With the latest expansion, the Bank's branch network stands at 919 across the country.
TARIL receives its maiden order in nuclear power space
To supply generator transformers for 1,400 MW nuclear power project at Kaiga, Karnataka
Maruti raises FY27-31 capex target to 77,500 crore for expansion, R&D
Maruti Suzuki India plans 77,500 crore in capital expenditure through FY31 for capacity expansion, new models, R&D, cleaner manufacturing and sales infrastructure
Piramal Finance raises 2,100 cr via QIP; total fundraise at 3,850 cr
The NBFC raised 2,100 crore from institutional investors through a QIP and plans a 1,750-crore promoter warrant issue, subject to shareholder and regulatory approvals
Zomato bans analogue dishes on its platform, to delist non-compliant restaurant partners
The food delivery aggregator said the initiative is being undertaken to strengthen transparency and food quality for its consumers, in line with food safety and regulatory requirements.
Aurobindo Pharma enters US inhalation market with generic Advair launch
The launch marks Aurobindo Pharma's entry into the US inhalation market and expands its complex generics portfolio beyond conventional oral solid formulations
Entero Healthcare Solutions corrects after sharp rally
Entero Healthcare Solutions fell 1.96% to Rs 1,773.20 on Monday after gaining 30.42% over the past seven trading sessions.
Aurobindo Pharma Ltd spurts 3.36%, gains for fifth straight session
Aurobindo Pharma Ltd is quoting at Rs 1700.5, up 3.36% on the day as on 12:44 IST on the NSE. The stock is up 65.9% in last one year as compared to a 2.24% slide in NIFTY and a 23.41% slide in the Nifty Pharma.
Oracle Financial Services Software Ltd spurts 0.89%, gains for five straight sessions
Oracle Financial Services Software Ltd is quoting at Rs 12299, up 0.89% on the day as on 12:44 IST on the NSE. The stock is up 45.16% in last one year as compared to a 2.24% fall in NIFTY and a 13.77% fall in the Nifty IT.
Bharat Global Developers Ltd leads gainers in 'B' group
Next Mediaworks Ltd, Diffusion Engineers Ltd, Kalyani Forge Ltd and Lancer Containers Lines Ltd are among the other gainers in the BSE's 'B' group today, 31 August 2026.
Ashoka Buildcon Ltd leads gainers in 'A' group
Balrampur Chini Mills Ltd, Northern Arc Capital Ltd, Kiri Industries Ltd and New India Assurance Company Ltd are among the other gainers in the BSE's 'A' group today, 31 August 2026.
Tata Power Renewable adds TN solar project, portfolio reaches 12.3 GW
The 100 MW group captive solar project in Tamil Nadu will supply power to TP Solar, Tata Electronics and Tata Realty, while taking TPREL's operational capacity past 7 GW
Tata Power Renewable Energy commissions 100 MW solar project in Kayathar, Tamil Nadu
The project is designed to generate 240.63 million units of clean electricity annually.
G20, US Jobs Data, Rate Decisions: 5 key global market triggers this week
Maruti Suzuki raises five-year capex plan to 77,500 crore till FY31
Car market leader Maruti Suzuki India has increased its capex outlay to Rs 77,500 crore for five years till FY31 for capacity expansion, new models and R&D among others, its Managing Director and CEO Hisashi Takeuchi said on Monday. Responding to a query from shareholders at the company's annual general meeting, he also assured that Maruti Suzuki cars starting from production year 2008 are compatible with E20 fuel. Regarding the capex side for FY26-27, we have planned a 40 per cent jump in capex expenditure in a single year, from around Rs 10,000 crore last year to Rs 14,000 crore this year. Cumulatively, during FY26-27 to FY30-31, we have planned a capex of Rs 77,500 crore, he said in response to a shareholder query. Last year, Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation -- the parent of Maruti Suzuki India -- had stated that the company would invest Rs 70,000 crore in the next five to six years in India to strengthen its ...
Hallmarking silver jewellery may become mandatory from October
The move aims to protect buyers from under-purity fraud, bringing silver jewellery under a mandatory BIS certification framework similar to gold.
Sukesh Chandrasekhar gets eight years jail for posing as SC judge to influence bail case
A Delhi court sentenced Sukesh Chandrasekhar to eight years rigorous imprisonment. He impersonated a Supreme Court judge to influence a bail proceeding. The court emphasized the need to protect the justice system's integrity. Chandrasekhar received consecutive sentences for impersonation and threat charges. This ruling sends a strong deterrent message to potential offenders.
Five Chinese students have developed DiveGuard, a low-cost underwater communication system that uses acoustic signals to let divers and surface teams exchange short text messages. The project was a finalist at the 2026 Conrad Challenge Innovation Summit and received a Power Pitch Award.
India needs investment rate of 34-35% of GDP to hit 8% growth: Surjit Bhalla
India needs a higher investment rate to achieve its ambitious eight percent growth target. Private investment revival is crucial for productivity and sustained long-term economic expansion. The current investment-to-GDP ratio supports only about six point five percent growth. Reforms to foreign investment policy and bilateral investment treaties are essential. Government policies and ease of doing business improvements will shape the investment climate.
Mumbai (Maharashtra) [India], August 31: BioFrigid, comprising Dhruv Bora, Shlok Goel and Yugandhara Gaikwad from Chatrabhuj Narsee School, has won the inaugural India chapter of Global Scholar Quest (GSQ), a student innovation program by Rochester Institute of Technology (RIT). At the Grand Finale in Mumbai, the team presented BioFrigid Box, an innovation addressing Agriculture & Food Systems, and received a prize of Rs. 1,00,000 for developing a grid-independent, energy-efficient cold storage solution capable of maintaining 10-15C for up to 96 hours. The students won access to a USD 50,000 RIT scholarship pool along with a seed money of INR 1,00,000 to bring their solution to life.
Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishans decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.
IMDbPro launches free 12-month premium membership for entertainment professionals in India
IMDbPro is providing free premium memberships to Indian entertainment professionals. This initiative removes financial barriers for actors, directors, and crew members. Eligible professionals can access career tools and networking opportunities. The company aims to support India's dynamic creative community long-term. This move helps artists expand their reach beyond geographical boundaries.
Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the companys order pipeline.
Delhis draft electoral roll excluded 47.7 lakh electors from the citys 1.45 crore registered voters after a Special Intensive Revision exercise. Those left out can file claims using Form 6 and supporting documents until September 30, with final roll scheduled for November 4. Officials said 97.5 lakh electors were included.
SpiceJet seeks more time to pay 50 crore to Maran
The airline told the Delhi high court it had planned to use the second tranche of emergency credit from the government to meet the first instalment of its 144.5 crore outstanding dues.
Zee Entertainment shares crash 14% amid Subhash Chandras 99.97% loan haircut row
Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a recovery of around Rs 6.5 crore against admitted creditor claims of Rs 22,006.57 crore, implying a 99.97% haircut.
OIL Green Energy inks MoUs with Haryana for waste-to-clean energy projects
Four projects are proposed across the clusters inHisar with a capacity of 500 tonnes per day (TPD), Ambala (900 TPD), Faridabad (1,600 TPD) and Gurugram (2,000 TPD).
Augmont Enterprises shares drop 2% after listing at 22% premium. Buy, sell or hold the stock?
Augmont Enterprises made a strong stock market debut, listing at a 22% premium to its IPO price, but gains fell short of grey market expectations. With valuations considered rich, brokerages have offered mixed views, ranging from Neutral to Subscribe for Long Term. Investors will weigh the companys growth prospects, margins, integrated precious-metals ecosystem and key risks.
How much of your salary should go towards your home loan EMI?
Homebuyers should assess their monthly surplus before applying for a home loan. An affordable EMI fits comfortably after essential expenses and savings. Lenders assess repayment capacity, but your budget dictates the actual limit. Use an EMI calculator to test loan amounts and tenures for affordability. This ensures your EMI aligns with your financial goals and cash flow.
Big boys foray into the microdrama space while early entrants exit
Yash Raj Films is betting on microdramas even as early entrants exit. The audience is hooked, but monetization remains elusiveforcing studios to balance content costs, retention and the promise of mobile-first storytelling.
Zee Entertainment drops on buzz lenders to challenge Subhash Chandra repayment plan
Zee Entertainment Enterprises dropped 9.60% to Rs 91.80 on Monday, extending its decline for the fourth consecutive session.
Karbonsteel Engineering surges after securing Rs 67-crore orders
Karbonsteel Engineering surged 7.35% to Rs 113.90 after the company received multiple purchase orders aggregating Rs 67.14 crore from India's largest diversified conglomerate.
Parth Jindal takes the wheel as JSW's auto ambitions gather pace
His elevation as chairman of JSW MG Motor comes as the group expands MG, prepares its own cars and pursues a potential partnership with Volkswagen
IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?
IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG costs. The increase marks the fifth price hike this year. Citi retained its Buy rating on IGL, saying the latest hike could improve realisations and support margins.
Ather Energy shares rose after the company launched its new Konarc electric scooter at a starting price of 99,999. The model will be offered in six variants across the S and Z lines, with IDC ranges of up to 200 km. Ather Energy shares have gained 132% over the past six months.
Tempsens Instruments shares slide over 4% on profit booking after record listing
Tempsens Instruments shares fell over 4% on Monday as investors booked profits after the stocks blockbuster debut on Friday. The shares had listed at a premium of more than 111% over the IPO price following strong demand for the Rs 650-crore issue, which was subscribed 184 times during the bidding period.
Food ingredients market set for export-led growth: AIFPA
Food additives and ingredients industry seen at $15 billion by 2031; 90% of plant-protein ingredients still imported
Parth Jindal takes JSW MG Motor India helm as automaker enters expansion phase
JSW executive becomes Chairman with immediate effect after helping shape product strategy, manufacturing expansion and localisation at SAIC-JSW venture
Nomura initiates coverage on Clean Max Enviro with Buy call. Check upside potential, key reasons
Nomura initiated coverage on Clean Max Enviro Energy Solutions with a Buy rating and a Rs 1,510 target, implying 21% upside, citing strong growth prospects in Indias C&I renewable energy market. The brokerage expects revenue and EBITDA to grow at CAGRs of 39% and 50%, respectively, through FY29, while Clean Maxs Q1 profit turned positive and revenue more than doubled year-on-year.
Oil India subsidiary signs MoU with four Municipalities of Haryana
For development of integrated CBG and waste-to-energy projects
Herbert Wertheim purchased a Ferrari electric vehicle for forty million dollars. This significant charitable donation may qualify for a substantial US tax deduction. The purchase price far exceeded the car's estimated fair market value. New tax rules could limit the deduction for top earners. This situation highlights evolving charitable giving regulations for wealthy individuals.
Shree Refrigerations gains after bagging Rs 4-crore order from Indian Navy
Shree Refrigerations added 1.41% to Rs 406.60 after the company announced that it had received an order worth Rs 3.93 crore from the Indian Navy's Controller of Procurement, Material Organisation, Mumbai.
Italian actor and director Andrea Preti met Venus Williams in 2024 and became a key source of support during her personal and professional challenges. The couple married in 2025 after ceremonies in Italy and Florida. Preti has since supported Venus through her tennis comeback and is watching her latest US Open campaign.
Subhash Chandra insolvency: Creditors, including the LIC Housing and several banks, approached NCLAT on Monday against the NCLT's approval of 6.5 crore payout plan.
PV Krishna Reddy, MD of Megha Engineering, taps $700-million private credit for Megha buyout
A consortium of lenders including Davidson Kempner Capital Management, Elham Credit Partners and Varde Partners has begun preliminary work on the structure of the financing
Nifty trades below 24,050 mark; metal shares lacklustre
Market participants remained cautious ahead of the MSCI index rebalancing, which is expected to trigger sizeable passive fund flows under the new Closing Auction Session (CAS) mechanism. The Nifty traded below 24,050 mark.
Fed rate hike fears weigh on US stocks
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Indraprastha Gas rises after CNG price hike
Indraprastha Gas rose 2.54% to Rs 151.35 after the company increased the price of compressed natural gas (CNG) by Rs 3.89 per kg.
Tata Chemicals' North American arm emerges as successful bidder for contracts worth $110 million
Tata Chemicals said that its wholly owned subsidiary Tata Chemicals North America (TCNA) has been declared the successful bidder for North American soda ash customer contracts representing over 500,000 tonnes.
Sterlite Technologies gains after signing $288-million long-term contract
Sterlite Technologies advanced 2.05% to Rs 738 after the company announced that it had signed a long-term contract worth approximately $288 million with a leading hyperscaler.
Who is Dinesh Khara? Former SBI chief's name in focus as HDFC Bank hunts for next CEO
Dinesh Khara served as the Chairman of the State Bank of India (SBI) from 7 October 2020 to 28 August 2024.
Jefferies initiates coverage on Leela Hotels with Buy rating, sees 22% upside
Jefferies initiated coverage on Leela Hotels with a Buy rating and a Rs 675 target, citing Indias premiumisation trend, rising luxury travel demand and the companys owned-led expansion strategy. The brokerage expects strong revenue and earnings growth through FY29, supported by higher room rates, leisure exposure and Brookfield backing.
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why
Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations of higher-for-longer US interest rates. Profit booking after the indexs strong August rally also weighed on sentiment, while Jefferies remained bullish on Hindustan Zinc over Hindalco.
Aurobindos arm, Lannett company, launches generic version of Advair Diskus in US
Advair Diskus in combination therapy is indicated for the treatment of asthma and chronic pulmonary disease
Augmont Enterprises makes strong debut; lists at 21.32% premium
Shares of Augmont Enterprises were currently trading at Rs 947.85 at 10:12 IST on the BSE, representing a premium of 20.29% as compared with the issue price of Rs 788.
Ashoka Buildcon shares rally 10% after securing Rs 602 crore order from RVNL
Ashoka Buildcon shares surged over 10% after the company received a Rs 602.16 crore order from Rail Vikas Nigam Limited for electro-mechanical works across four railway tunnels in Uttarakhand. The 30-month project is expected to strengthen the company
How 90% IPOs in August beat volatile India market to return up to 72% after listing
In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading above their original issue prices, with Tempsens Instruments shining brightly by doubling its value on the first day. Despite the selective nature of the secondary market, the future looks promising with a strong IPO pipeline anticipated to carry through September, enabling substantial fundraising.
Megha Engineering's PV Krishna Reddy taps $700 million private credit to buy out uncle's stake
Billionaire PV Krishna Reddy, managing director of Megha Engineering & Infrastructures, is seeking about $700 million from global private credit investors to help finance the purchase of his uncle's 43% stake.
20 stocks, 100% returns: How retail investors tapped a multibagger wave in deeper Indian market
Retail investors enjoyed impressive returns by picking specific stocks wisely. Over the last year, numerous companies showcased returns exceeding one hundred percent. Sectors like telecom and capital goods led the way, with high-beta and event-driven stocks also providing significant rewards. Ultimately, careful stock selection played a more vital role than merely concentrating on sector performance for achieving these gains.
HDFC Bank shares after Jagdishan: What lies ahead for the countrys largest private lender?
HDFC Bank's CEO Sashidhar Jagdishan plans to retire in October 2026 following a major merger, leaving investors eager for details on his successor and the bank's future direction. The institution encounters hurdles in attracting deposits and enhancing margins post-merger. Experts propose either a temporary internal leader or an external hire. In the meantime, stock performance may remain subdued until the next leadership is established.
Spark Capital Group expands growth capital push with private equity and credit funds
Spark Capital is stepping up its private-market play with new late-stage PE and private-credit funds, targeting high-growth Indian companies as their financing needs evolve.
49 lakh crore market-cap wipeout! Are Niftys fallen giants bargains or value traps?
India's leading stocks have witnessed a staggering loss of forty-nine lakh crore rupees in total market capitalization. A significant decline has affected forty-seven companies within the Nifty index, with heavyweights like TCS, HDFC Bank, Reliance Industries, and Infosys leading the charge. Analysts are divided over whether these diminished stocks present enticing investment opportunities or merely serve as potential pitfalls.
Sensex falls 300 points, Nifty below 24,100 amid multiple headwinds. What lies ahead?
On Monday, Indian stock indices Sensex and Nifty dipped significantly, with broader market indices like Nifty Smallcap and Midcap also experiencing more severe declines. Major players like Infosys and Tata Steel were among those causing the downturn. In a contrasting trend, HDFC Bank shares managed to rise, reflecting an unusual market sentiment dominated by sellers, leading to more declining stocks than advances.
Annu Projects IPO allotment likely today; Here's how to check your status
The Annu Projects IPO allotment is likely to be finalised today, August 30, after the Rs 175.06 crore issue was subscribed 2.93 times. Investors can check their allotment status through KFin Technologies, NSE or BSE.
Kaizad Bharucha, HDFC Bank's deputy managing director since 2023, is the leading candidate for the CEO position as Sashidhar Jagdishan retires on 26 October. Here's all you need to know about the lender's longest-serving executive board member.
Tejas Networks among 6 stocks showing bullish RSI upswing
On August 28, six Nifty500 stocks that gained over 5% were identified using the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks.
