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Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities plunged nearly 1% before recovering, as escalating US-Iran tensions, soaring crude prices and global bond stress battered sentiment. Sensex closed 374 points lower, while Nifty fell 141 points, with analysts warning of continued bearishness below 24,000.

The Economic Times 2 Sep 2026 9:25 pm

JM Financial Asset Management garners Rs 700 crore from maiden pre-IPO fund

JM Financial Asset Management has secured Rs 700 crore in its pre-IPO fund's first close. This fund targets businesses expected to list publicly within eighteen months. It received commitments from various investors, including family offices and institutions. The fund will invest sector-agnostically in companies with strong fundamentals and growth prospects. JM Financial Asset Management's AIF division enters the growing pre-IPO investment segment.

The Economic Times 2 Sep 2026 9:24 pm

Banks rush to swap higher-risk credit assets for Bank of England cash

British banks are stepping up their game by putting forth more higher-risk assets as collateral at the Bank of England. This action marks a notable increase in the use of top-risk collateral, reaching levels not seen since March 2020. Unlike the European Central Bank, the central bank is willing to accept loan-backed securities, ensuring that it safeguards its interests through stringent risk management strategies.

The Economic Times 2 Sep 2026 9:21 pm

F&O turnover slumps to 14-month low of 347 trillion in August, shows data

Equity derivatives turnover fell 22% month-on-month in August after the closing auction session took effect, but BSE volumes are showing signs of recovery in September

Business Standard 2 Sep 2026 9:03 pm

Market Trading Guide: Ageis Vopak Terminals among 2 stock recommendations for Thursday

Indian equities remained volatile amid global bond-market stress and West Asia tensions, with mid-caps under pressure. Analysts recommend SKF India and Aegis Vopak Terminals, citing technical breakouts, strong volumes and improving momentum for potential upside.

The Economic Times 2 Sep 2026 8:36 pm

Zerodha gets SEBI approval to enter merchant banking

Brokerage firm to focus on IPOs, follow-on issues and equity capital market advisory

The Hindu Businessline 2 Sep 2026 8:36 pm

Dell shares jump 11% after strong AI server demand boosts annual forecast

On Wednesday, Dell Technologies experienced a notable surge in its shares, fueled by booming demand for AI servers. Companies such as Dell and Super Micro are capitalizing on this trend, with Dell reporting an extraordinary 58% increase in second-quarter revenue, reaching an impressive $47 billion. Additionally, the firm has significantly upgraded its revenue and profit projections, mirroring the surge in investments for AI applications in data centers.

The Economic Times 2 Sep 2026 8:23 pm

Festive season 2026 is here: Top sectors to invest your money as consumer spending picks up

Indias festive season could drive a pickup in consumer spending, creating potential opportunities across sectors. Heres a look at sectors with very high sensitivity to festive demand, along with those that are less sensitive.

Livemint 2 Sep 2026 8:16 pm

Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dynamics: HDFC Securities CEO Dhiraj Relli

India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challenges pose a threat to sustained corporate profits. Meanwhile, SEBI's auction initiative aims to bolster market integrity and enhance price discovery. Although RBI's new deposit guidelines provide some temporary relief amidst foreign exchange pressures, they don't offer a lasting solution.

The Economic Times 2 Sep 2026 8:16 pm

Jack Daniel's maker misses sales estimates on weak consumer spending

Brown-Forman's first-quarter sales fell short of expectations, yet the company reaffirmed its annual financial goals. Economic worries from inflation and job market uncertainties are curbing consumer spending on alcohol, stabilizing whiskey sales while ready-to-drink products thrived. Similarly, competitor Pernod Ricard reported weakened demand in critical global markets. After releasing this information, Brown-Forman's shares experienced a modest bump.

The Economic Times 2 Sep 2026 8:13 pm

IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain

The electric two-wheeler manufacturer Simple Energy is on the hunt for significant capital investment to elevate its production capabilities and fortify its supply chain operations. The target is to ramp up production to 10,000-12,000 scooters by March, a vital step towards claiming market leadership within eighteen months. Once the funding is secured and production goals met, ambitious IPO strategies are set to follow.

The Economic Times 2 Sep 2026 8:10 pm

Fed's Williams ties rising bond yields to strong economy, CNBC reports

John Williams, the President of the New York Fed, emphasizes the impact of robust economic growth on increasing bond yields. He highlights the Federal Reserve's essential role in managing inflation and achieving its goals. As he continues to analyze data for upcoming interest rate adjustments, recent economic indicators show promise in reducing price pressures. The central bank remains vigilant, ready to adapt its strategies based on new information.

The Economic Times 2 Sep 2026 8:07 pm

Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: Report

Zerodhas merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs.

The Economic Times 2 Sep 2026 8:04 pm

28 crore annual salary with 519 crore equity award: How much will Apple pay Tim Cook and John Ternus?

Apple's compensation plans for Tim Cook and John Ternus include fixed salaries and performance-based RSUs. Check out the detailed breakdown.

Livemint 2 Sep 2026 7:45 pm

MSCI to delete Swiggy from standard indices on foreign ownership limit breach risk

MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership limit breaches. This deletion adds pressure on the stock, forcing passive funds to reduce exposure while limiting fresh foreign investment.

The Economic Times 2 Sep 2026 7:25 pm

NCDEX, CAI join hands to boost Indias cotton derivatives market

NCDEX and the Cotton Association of India have signed a five-year partnership to expand cotton derivatives participation, improve price discovery and strengthen risk management through greater futures adoption across Indias cotton value chain.

The Economic Times 2 Sep 2026 7:22 pm

Mutual fund assets surge as households shift to capital markets: Bajaj MF

Mutual funds and equities accounted for 15 per cent of household financial savings in FY25, while mutual fund assets rose to 31 per cent of bank deposits in 2025

Business Standard 2 Sep 2026 7:15 pm

US stocks today: US stocks drift amid jobs data, Iran war escalation

US stocks traded mixed as investors assessed fresh US jobs data and escalating attacks between the US and Iran. The S&P 500 gained 0.1%, while the Dow rose 0.4% and Nasdaq slipped 0.1%. Oil prices held steady as the conflict disrupted shipments through the Strait of Hormuz.

The Economic Times 2 Sep 2026 7:14 pm

Rays of Belief IPO sees retail frenzy; QIB cold shoulder on day 2

QIB segment remains nearly empty at just 0.01 times subscription with one day of bidding remaining

The Hindu Businessline 2 Sep 2026 7:13 pm

DA news: Punjab says paying 14,191 crore dues in 14 days constitutionally impossible, challenges HC order

Punjab government challenges a Punjab and Haryana High Court order in the Supreme Court, disputing the 14-day deadline to clear 14,191 crore in pending DA and DR arrears for state employees and pensioners, citing constitutional payment procedures and disputing Central DA rate benchmarks.

Livemint 2 Sep 2026 7:11 pm

HSBC sets final guidance for Samurai bond sale, term sheet shows

HSBC Holdings has set the final price guidance for its upcoming Samurai bond issuance, featuring senior unsecured callable fixed-rate bonds maturing in 2030, 2032, and 2037. These bonds, denominated in yen, will be sold at their full face value. Investors can expect pricing on Friday, with a settlement date earmarked for September 11th. The ultimate sale size will depend on how much investor interest there is.

The Economic Times 2 Sep 2026 7:09 pm

Gold price falls 2,100 to 1.56 lakh/10g, drops for 6th straight day. Heres why

Gold has lost 11,000 in the past six trading sessions from 1,67,100 recorded on August 25

The Hindu Businessline 2 Sep 2026 6:56 pm

RBI Floating Rate Savings Bonds: Want to buy offline? Know where to apply, documents, interest and tax rules

RBI Floating Rate Savings Bonds can be bought offline through authorised receiving offices, but consumers need to know the application process, documents, payment rules and branch requirements. 

Livemint 2 Sep 2026 6:45 pm

NCLAT seeks status report on delayed Supertech housing projects by NBCC

The NCLAT has ordered the Supertech committee to file a status report within two weeks. This report will detail construction commencement and work awarding for sixteen NBCC-managed projects. Homebuyers had complained about significant delays beyond previously established timelines. The tribunal also directed the committee to address unpaid employee salaries for three months. The next hearing for this matter is scheduled for September 14, 2026.

The Economic Times 2 Sep 2026 6:37 pm

Pernias Pop-Up Shop IPO crosses overall subscription on final day despite NII shortfall

NII category remained undersubscribed at 0.84 times

The Hindu Businessline 2 Sep 2026 6:17 pm

EPF Passbook: How to check if your monthly PF contribution is credited? What happens when you change jobs? Explained

Provident fund deposits are crucial for retirement security, yet errors in contributions often go unnoticed. Regular passbook checks ensure accuracy, allowing employees to confirm EPS contributions match salary deductions. 

Livemint 2 Sep 2026 6:14 pm

Sick while pregnant? Why insurance companies might dispute your claim and what you can do about it

Unrelated illnesses during pregnancy can create claim disputes. Experts note that when an excluded medical condition overlaps with another ailment, there is a high possibility that the related insurance claim could be rejected.

Livemint 2 Sep 2026 6:11 pm

Equities extend losses as West Asia tensions push crude higher

The Nifty 50 closed at 23,914.45, down 141.35 points or 0.59 per cent, while the Sensex fell 373.93 points or 0.49 per cent to 76,570.35

The Hindu Businessline 2 Sep 2026 5:54 pm

Govt defends new GDP estimates... revisions reflect data upgrades

India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.

Rediff 2 Sep 2026 5:44 pm

JM Financial AMC closes pre-IPO fund at 700 crore in first tranche

The sector-agnostic fund will invest in companies expected to pursue a public listing within approximately 18 months

The Hindu Businessline 2 Sep 2026 5:44 pm

Indian bonds join global debt selloff, bruised by oil and US Treasury yields

Indian government bonds faced further declines for the fifth consecutive session as U.S. Treasury yields approached three-year peaks. The surge in oil prices reignited inflation concerns, particularly impacting India due to its status as a major importer. This scenario intensified expectations for monetary policy adjustments by the RBI. Critical upcoming events include the U.S. FOMC meeting and fluctuations in oil prices.

The Economic Times 2 Sep 2026 5:41 pm

Amnesty Scheme 2026: EPFO reaches out to ICAI and Income Tax Department to identify eligible trusts

EPFO is urging eligible PF trusts to use a one-time amnesty scheme to retrospectively regularise their exemption status. The scheme offers relief from certain compliance requirements and past proceedings, with applications open until 28 December 2026.

Livemint 2 Sep 2026 5:40 pm

Zerodha gets SEBI approval for merchant banking licence, says, will start operation soon

SEBI has approved Zerodha's application for a merchant banking licence, pending registration and regulatory completion. Zerodha plans to start operations in a few months, managing IPOs and advising on fundraising. 

Livemint 2 Sep 2026 5:34 pm

Gold loan growth driven more by higher gold prices, repeat borrowing than new customers: Report

Report flags rising share of repeat customers as key risk for gold loan sector

The Hindu Businessline 2 Sep 2026 5:26 pm

Gulf tensions drive NRI luxury home investments back to India

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

Rediff 2 Sep 2026 5:16 pm

KFintech launches ARYA, an AI platform for end-to-end MF transactions

ARYA allows investors to move from portfolio inquiry to transaction execution within a single conversation, covering lump-sum purchases and SIP registrations currently in live testing

The Hindu Businessline 2 Sep 2026 5:11 pm

Legal chemicals are being diverted to make illicit drugs. Heres how India plans to plug the gap

India is planning a framework that covers chemical producers, pharmaceutical firms, logistics providers, exporters, and regulatory bodies.

Livemint 2 Sep 2026 5:10 pm

Piccadilys Indian rum Camikara wins multiple international awards, puts India on global spirits map

Camikara is produced from 100% pure sugarcane juice, not molasses, following the traditional rhum agricole method, and is aged in oak casks without additives

The Hindu Businessline 2 Sep 2026 5:07 pm

BNP Paribas said to handle half of Indias record MSCI trades

BNP Paribas executed nearly half of the record $4.2 billion in MSCI-linked Indian stock trades through the closing auction. The French bank handled about $1.9 billion, largely for global institutions, as favorable tax treatment boosts its securities-services role in India.

The Economic Times 2 Sep 2026 4:56 pm

JioHotstar goes global, launches in UK, Canada, Singapore

JioHotstar has officially launched its streaming services in the UK, Canada, and Singapore, offering over 160,000 hours of Indian entertainment in more than 12 languages, targeting both the South Asian diaspora and a wider global audience.

Rediff 2 Sep 2026 4:54 pm

Delhi govt to give free 3kW solar panels to households by March 2027: Eligibility, subsidy

Delhi government's revised Solar Policy offers free 3kW rooftop solar systems to 2.3 lakh households consuming up to 400 units monthly by March 2027, with 78,000 capital subsidy, no upfront cost, five-year free maintenance and net metering reduced to 25 days.

Livemint 2 Sep 2026 4:53 pm

Sensex, Nifty Fall for 3rd Day on West Asia Tensions, Higher Oil

Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.

Rediff 2 Sep 2026 4:44 pm

Sensex today | Stock Market Highlights: Sensex ends 373 pts lower at 76,570, Nifty below 24,000; Asian Paints, HDFC Bank fall most

Sensex, Nifty, Share Prices Highlights: BSE Sensex dropped 373.93 points, or 0.49 per cent, to settle at 76,570.35, while NSE Nifty slumped 141.35 points, or 0.59 per cent, to end at 23,914.45

The Hindu Businessline 2 Sep 2026 4:41 pm

Non-banks seek clarity, exemption for supply-chain finance from RBI

In a 6 August draft circular, RBI proposed barring non-banks from issuing revolving credit. 

Livemint 2 Sep 2026 4:24 pm

FCNR(B) deposit rates fall after special swap window closes: Check new interest rates for Axis Bank, SBI, HDFC and more

Banks have lowered FCNR(B) deposit rates following the closure of the special swap window. Major banks like Axis, HDFC and ICICI revised their rates significantly from earlier highs.

Livemint 2 Sep 2026 4:20 pm

Asset Reconstruction Company IPO to open on September 9. Check details

ARCIL will open its IPO for subscription on September 9, with the issue closing on September 11. The IPO will be entirely an offer for sale of 5.27 crore shares, with the price band yet to be announced. Indias first ARC reported 26% growth in total income and 15% growth in profit after tax in FY26.

The Economic Times 2 Sep 2026 4:19 pm

Rupee falls 2 paise to close at 94.97 against US dollar

Meanwhile, the dollar index trades at 99.82, higher by 0.14%

The Hindu Businessline 2 Sep 2026 4:13 pm

RBI backstop keeps rupee stable, blunting importer dollar demand impact

The rupee opened at 94.89 against the U.S. dollar and briefly moved higher, before trading around the previous days close for most of the session. The currency ended at 94.97, after having settled at 94.95 on Tuesday.

The Hindu Businessline 2 Sep 2026 3:55 pm

Does a non-resident trustee make a trust non-resident?

A trust can remain resident despite having a non-resident trustee if its control and management is partly exercised from India.

Livemint 2 Sep 2026 3:54 pm

Pranav Constructions announces IPO price band, issue opens September 7. Check details

Pranav Constructions has set the IPO price band at Rs 118-124 per share, with the issue opening on September 7. The Rs 315.6-crore fresh issue and offer for sale will fund the company and selling shareholder, respectively. Focused on Mumbai redevelopment, the company reported 20% revenue growth and 15% profit growth in FY26.

The Economic Times 2 Sep 2026 3:53 pm

Bitcoin slips under $77K after August rally as macro pressures mount. Here is what expert say

Bitcoin fell below $77,000 as rising oil prices, bond yields and geopolitical tensions pressured crypto markets after Augusts rally. Ethereum and major altcoins also declined, while analysts highlighted key support levels, cautious positioning and volatility risks in September.

The Economic Times 2 Sep 2026 3:49 pm

RBI backstop keeps Indian rupee stable, blunting importer dollar demand impact

The Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate the growing dollar demand from importers. The fluctuations in oil prices and Treasury yields also played a role in the currency's stability. Experts predict the rupee will maintain its position as long as oil remains below the $100 mark.

The Economic Times 2 Sep 2026 3:47 pm

Flexi-Cap Funds Attract Rs 50,000 Cr Inflows, Investor Base Expands

Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.

Rediff 2 Sep 2026 3:40 pm

Vishal Mega Mart rises after India Ratings and Research upgrades LT ratings to 'AA+' with 'stable' outlook

Vishal Mega Mart (VMM) added 2.15% to Rs 109.30 after India Ratings and Research upgraded the company's long-term (LT) rating to 'IND AA+' from 'IND AA', with a 'stable' outlook.

Business Standard 2 Sep 2026 3:32 pm

Volumes spurt at IFCI Ltd counter

IFCI Ltd notched up volume of 3070.38 lakh shares by 14:14 IST on NSE, a 6.51 fold spurt over two-week average daily volume of 471.38 lakh shares

Business Standard 2 Sep 2026 3:32 pm

Global Market: Japans 3% bond yield barrier signals shift in global debt flows

Japans 10-year government bond yield crossing 3% is making domestic fixed-income assets increasingly attractive, raising concerns that Japanese institutional investors could reduce their overseas bond exposure.

The Economic Times 2 Sep 2026 3:27 pm

Nippon Life India among top 5 AMCs with highest SIP AUM share in June quarter. Check details

Indias mutual fund industry saw SIP AUM reach 35.8% of equity AUM in June 2026, with leading asset managers reporting significantly higher SIP allocations, highlighting strong investor participation through systematic investment plans.

The Economic Times 2 Sep 2026 3:19 pm

BSE courts HFT firms to boost closing auction liquidity

BSE Ltd. is taking steps to engage traders in order to enhance day-end trading volumes after encountering liquidity challenges. The implementation of a new closing auction system has led to pronounced price fluctuations and diminished options turnover. According to the CEO, market participants are not experiencing the intended benefits. Since the system's rollout in August, BSE's stock has dropped sharply, prompting consideration of minor adjustments to improve efficiency.

The Economic Times 2 Sep 2026 3:10 pm

Global Market: European shares hover near one-month low as bond yields, oil prices surge

European shares hovered near a one-month low on Wednesday as rising government bond yields and escalating US-Iran tensions fuelled concerns over higher energy prices and inflation. The STOXX 600 was broadly flat, while Germanys 10-year bond yield hit its highest level since April 2011, raising expectations of tighter ECB policy.

The Economic Times 2 Sep 2026 3:06 pm

India has the potential to grow beyond its current 7 to 8 per cent trajectory, says World Bank chief

World Bank President Ajay Banga said that India has the potential to grow beyond its current 7 to 8 per cent trajectory. Mr. Banga described the countrys latest economic performance as robust despite global energy pressures, trade uncertainty and the impact of El Ni. The World Bank chief said the latest growth figures reflected the strength of Indias underlying economy. The World Bank president pointed to growth in services and exports along with sustained investment. He said India was doing substantial work on roads, bridges, airports, power, water and digitisation.

Business Standard 2 Sep 2026 3:04 pm

Quant Mutual Fund turns cautious on manufacturing, bets on neglected IT Services

Quant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it's channeling investments into IT services, viewing this sector as overlooked and ripe for growth. The fund focuses on identifying undervalued and under-owned stocks across diverse sectors for maximum returns. Quant foresees consolidation trends within large-cap markets, which could lead to selective opportunities.

The Economic Times 2 Sep 2026 3:04 pm

R R Kabel Ltd leads losers in 'A' group

Varroc Engineering Ltd, Avalon Technologies Ltd, Balu Forge Industries Ltd and Hero MotoCorp Ltd are among the other losers in the BSE's 'A' group today, 02 September 2026.

Business Standard 2 Sep 2026 3:04 pm

Coal India arm Mahanadi Coalfields files IPO papers, plans OFS of up to 66 cr shares

Mahanadi Coalfields has filed its DRHP for an IPO comprising an OFS of up to 66.18 crore shares by promoter Coal India. The proposed listing will give investors direct exposure to one of Indias largest non-coking coal producers, backed by substantial reserves and established mining infrastructure.

The Economic Times 2 Sep 2026 3:01 pm

No baggage recheck, easier immigration: Ahmedabad gets new Hub & Spoke international flight facility

The Civil Aviation Ministry launched its Hub & Spoke international flight model from Ahmedabad, enabling seamless connections via Delhi to global destinations. Passengers can now complete check-in, immigration and baggage procedures in Ahmedabad, reducing transit hassles at Delhi airport.

Livemint 2 Sep 2026 2:55 pm

Japan Credit Rating Agency upgrades India's sovereign rating to A- from BBB+

Japan Credit Rating Agency Ltd (JCR) on Wednesday upgraded Indias sovereign credit rating by a notch to A- from BBB+, citing the economys sustained high growth, the effectiveness of its economic policies, stronger financial system and improving quality of government expenditure. JCR had maintained the BBB+ rating for India since 2007, including during the global financial crisis, the pandemic, and subsequent geopolitical disruptions. The agency also raised Indias country ceiling by one notch to A, reflecting its assessment that Indias economic fundamentals, policy framework, fiscal trajectory and financial-sector resilience have strengthened sufficiently to warrant a higher sovereign credit standing. It assigned a stable outlook to both Indias foreign-currency and local-currency long-term issuer ratings. JCR said Indias economy has maintained growth of around 7%, supported by robust private consumption and public investment. It said the economy grew by 7.7% in 2025-26, and it is ...

Business Standard 2 Sep 2026 2:52 pm

Morepen Labs zooms 112% in 6 weeks; stock hits multi-year high; here's why

Morepen Laboratories' share price hit a multi-year high of 112.85, soaring 8 per cent on the BSE in Wednesday's intra-day trade.

Business Standard 2 Sep 2026 2:51 pm

Sensex, Nifty trade in negative terrain; media shares decline

Media shares declined after gaining in the previous trading session.

Business Standard 2 Sep 2026 2:51 pm

Oil shipments to India face delivery hurdles on Mideast snarls

Indian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries. These disruptions force refiners to seek costly alternative oil supplies. Simultaneously, Russian oil flows are also under pressure. This situation highlights ongoing challenges for India's energy security.

The Economic Times 2 Sep 2026 2:42 pm

Is your portfolio too heavy on equity? What investors should do now

Equity-heavy portfolios can deliver strong long-term returns, but investors must be prepared for sharp drawdowns and long periods of weak performance. A diversified mix of equity, fixed income and gold can make the journey smoother.

Livemint 2 Sep 2026 2:39 pm

BSE shares slide 15% since CAS implementation; Jefferies flags options hit

According to Jefferies, the introduction of CAS adversely impacted equity options turnover and contracts in August, which is negative for companies like BSE and Groww.

Business Standard 2 Sep 2026 2:33 pm

Mint Explainer | Why Indias jewellery giants are racing to consolidate

GRTs 1,034 crore TBZ deal is the latest in a wave of acquisitions as organized jewellers expand into new markets, channels and product categories.

Livemint 2 Sep 2026 2:31 pm

Subhash Chandra challenges NCLT's five-member bench formation

Essel Group Chairman Subhash Chandra has challenged the National Company Law Tribunal's (NCLT) decision to form a five-member bench to hear his personal insolvency case, arguing that the tribunal lacks the power to constitute such a bench. This comes after a split verdict and a subsequent stay on an order allowing him to settle claims.

Rediff 2 Sep 2026 2:31 pm

ITAT ruling: Taxpayers cannot be denied TDS credit due to deductor's failure to deposit tax

ITAT Delhi has ruled that taxpayers cannot be denied TDS credit if their deductor fails to deposit the deducted tax with the government. Section 205 protects taxpayers from double taxation by placing the liability for recovery squarely on the defaulting deductor, not the compliant taxpayer.

Livemint 2 Sep 2026 2:28 pm

Gold jewellery stolen after being pledged for a loan: What must the bank pay the borrower? Consumer commission answers

A Karnataka consumer commission has ruled that banks may have to compensate gold-loan borrowers for more than the net gold value if pledged jewellery is stolen while in bank custody. The borrower was awarded 88,362 towards making charges and stone value, besides compensation and litigation costs.

Livemint 2 Sep 2026 2:21 pm

Flexi-cap funds attract nearly 50,000 crore during January-July 2026

Flexi-cap mutual fund schemes attracted nearly Rs 50,000 crore in net inflows during January-July 2026, marking a 27 per cent increase over the year-ago period, as investors increasingly favoured equity strategies that can dynamically move across market-cap segments. The strong flow momentum has been accompanied by a sharp expansion in the investor and asset base. Flexi-cap fund folios rose to 2.44 crore in July 2026 from 1.94 crore a year earlier, adding around 50 lakh investor accounts. Assets under management of the category stood at around Rs 6 lakh crore as of July 2026, up from Rs 4.94 lakh crore in July 2025, according to data from the Association of Mutual Funds in India (Amfi). While monthly flows moderated in July, the category continued to command a significant share of equity mutual fund flows. Flexi-cap funds received Rs 4,709 crore in July, compared with Rs 5,231 crore in June. The category has seen robust growth in both folios and assets. Flexi-cap funds recorded th

Business Standard 2 Sep 2026 2:18 pm

Bondada Engineering incorporates SPV Bondada Hindupur BESS Project

To develop and maintain 225 MW / 450 MWh BESS project for AP Transco

Business Standard 2 Sep 2026 2:16 pm

Can Apple shares extend Cook-era gains under new CEO John Ternus? Heres what analysts say

Apple shares have delivered exceptional returns under Tim Cook, rising over 2,700% on a total-return basis. With John Ternus set to become CEO, investors are assessing whether Apple can sustain its performance. Analysts note that Ternus inherits a mature business and will need to chart his own path for future growth.

The Economic Times 2 Sep 2026 2:15 pm

Gold futures drop to Rs 1.5 lakh/10g amid US-Iran tensions, inflation fears

Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.

Rediff 2 Sep 2026 2:15 pm

Global Market: UK gilt yields hit 18-year high as global bond selloff intensifies

UK government bond yields climbed to fresh 18-year highs as a global sovereign debt selloff intensified amid rising oil prices and renewed inflation concerns. Higher borrowing costs are adding pressure on Britains debt-servicing burden and complicating the fiscal outlook ahead of the upcoming budget.

The Economic Times 2 Sep 2026 2:08 pm

BSE Utilities index up 1%; JSW Energy, Torrent, Tata Power rally up to 4%

At 01:17 PM on Wednesday, the BSE Utilities index was the top gainer among sectoral indices up 1.2 per cent, compared to a 0.65 per cent decline in the BSE Sensex.

Business Standard 2 Sep 2026 2:08 pm

Direct Tax Reforms: Parliamentary panel to meet tomorrow to discuss simplifying taxes

A parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization, and ease of compliance. Discussions will also cover the Income-tax Act, 2025, and revenue performance. This session follows a previous cancellation regarding virtual digital assets. Representatives from the Ministry of Finance will attend the important deliberations.

The Economic Times 2 Sep 2026 2:08 pm

Yotta planning to launch IPO in Q4FY27, to seek up to $1.5 bn amid AI boom

The Hiranandani Group-backed firm is looking to file draft IPO papers in October and aims to raise up to $1.5 billion to repay debt

Business Standard 2 Sep 2026 2:07 pm

NMDC iron ore production rises 21% YoY in August'26

NMDC reported a 20.77% year-on-year (YoY) increase in iron ore production to 4.07 million tonnes (MT) in August 2026, compared with 3.37 MT in August 2025.

Business Standard 2 Sep 2026 2:04 pm

Indian Overseas Bank slips for fifth straight session

Indian Overseas Bank is quoting at Rs 32.02, down 0.77% on the day as on 13:19 IST on the NSE. The stock jumped 8.95% in last one year as compared to a 3.41% slide in NIFTY and a 22.61% spurt in the Nifty PSU Bank index.

Business Standard 2 Sep 2026 2:04 pm

Punjab & Sind Bank down for fifth straight session

Punjab & Sind Bank is quoting at Rs 22.54, down 0.18% on the day as on 13:19 IST on the NSE. The stock jumped 8.95% in last one year as compared to a 3.41% slide in NIFTY and a 22.61% spurt in the Nifty PSU Bank index.

Business Standard 2 Sep 2026 2:04 pm

UCO Bank drops for fifth straight session

UCO Bank is quoting at Rs 24.56, down 0.12% on the day as on 13:19 IST on the NSE. The stock jumped 8.95% in last one year as compared to a 3.41% slide in NIFTY and a 22.61% spurt in the Nifty PSU Bank index.

Business Standard 2 Sep 2026 2:04 pm

Tata Steel Ltd slips for fifth straight session

Tata Steel Ltd is quoting at Rs 182.87, down 0.65% on the day as on 13:19 IST on the NSE. The stock jumped 8.95% in last one year as compared to a 3.41% slide in NIFTY and a 35.55% spurt in the Nifty Metal index.

Business Standard 2 Sep 2026 2:04 pm

Ashok Leyland Ltd slips for fifth straight session

Ashok Leyland Ltd is quoting at Rs 166.17, down 2.56% on the day as on 13:19 IST on the NSE. The stock jumped 27.6% in last one year as compared to a 3.41% slide in NIFTY and a 7.58% spurt in the Nifty Auto index.

Business Standard 2 Sep 2026 2:04 pm

Gold loan book seen crossing 30 tn by FY28; MOFSL lists top 6 picks

MOFSL noted that public sector banks continue to command the highest market share in gold loans at 60 per cent as of March 2026.

Business Standard 2 Sep 2026 2:02 pm

Flexi-cap funds see 49,915 crore inflows during January-July 2026

Investors increasingly favoured manager-led allocation across market-cap segments, helping the category expand its investor base and assets under management

The Hindu Businessline 2 Sep 2026 2:01 pm