Business Standard

The Tokyo-based company spent 7 billion ($44 million) on the expansion project after forecasting the market will grow rapidly going forward.

Pharma and biotech company Symbiotec Pharmalab Ltd on Friday raised Rs 526 crore from anchor investors days before the opening of its initial public offering (IPO). The company allocated 53.26 lakh equity shares to anchor investors, including HDFC Mutual Fund, ICICI Prudential Mutual Fund and Motilal Oswal Mutual Fund. Shares were allotted at Rs 988 per share, the upper end of its IPO price band, according to a circular uploaded on the BSE website. The anchor round saw participation from foreign

Online Instruments has secured Sebi's approval to raise funds through an initial public offering, an update with the market regulator showed on Friday. The Bengaluru-based Online Instruments had filed its draft papers in May. After this, Sebi issued its observations on August 18, 2026, the data showed. In Sebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Online Instruments (India) Ltd's maiden public offering will be a fresh issue of equity sh

The CBI has filed a supplementary chargesheet in the Reliance Communications Ltd (RCom) case in connection with an alleged Rs 1,200-crore loan fraud, officials said on Friday. According to an official statement, the chargesheet was filed before the Special Judge for CBI Cases in Mumbai and names Amitabh Jhunjhunwala, Group Managing Director of the Reliance ADA Group, for alleged offences of criminal conspiracy, criminal misappropriation and cheating. The agency said its investigation revealed th

Three entities, including global venture capital firm Accel, on Friday divested nearly a 5 per cent stake in SaaS company Amagi Media Labs for Rs 587 crore through open market transactions. A total of 1,04,88,021 equity shares, representing a 4.85 per cent stake in Bengaluru-based Amagi Media Labs, were offloaded by Trudy Holdings, AVP I Fund and Accel through its affiliates, according to block deal data on the NSE. The shares were disposed of at an average price of Rs 560 apiece, taking the com

US-based retail giant Walmart has said the timing shift of the 'Big Billion Days' sales event of its Indian e-commerce arm Flipkart in FY27 will create a headwind in the third quarter, while it will provide a corresponding boost in the fourth quarter. Walmart said it expects a headwind of more than 100 basis points to third-quarter sales growth due to the shift in timing of Flipkart's Big Billion Days event between the third and fourth quarters. For Q3 sales guidance, we expect a headwind of ove

New Delhi [India], August 21: Manipal Academy of Higher Education (MAHE), one of India's leading NAAC A++ accredited institutions and ranked #3 in NIRF, has launched three new online programs: Master of Science (MSc) in Financial Economics, MSc in Biostatistics, and Bachelor of Science (BSc) in Information Systems and Management.

LG Electronics India already exports Made-in-India products to over 50 countries and has invested Rs 5,000 crore in its Sri City factory, which will also serve as an export hub

The acquisition at Kharadi Knowledge Park includes leasehold rights to an 8,581-square-metre land parcel, ownership of a 15-storey building and 200 parking spaces

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Mumbai (Maharashtra) [India], August 21: MediSage has been officially recognized by the Asia Book of Records for creating the Largest Digital Community Platform for Doctors in Asia.

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S&S Power Switchgear hit the upper circuit of 10% to Rs 296.75 after the company's wholly owned subsidiary, Hamilton Research & Technology (HART), has received a purchase order worth Rs 50 crore from Vedanta Aluminium Metal.

JBM Auto Ltd saw volume of 108.72 lakh shares by 14:14 IST on NSE, a 58.26 fold spurt over two-week average daily volume of 1.87 lakh shares

Fixed Income Channel Partners would work with online bond platforms to distribute permitted securities and facilitate retail transactions, particularly in smaller cities

As per provisional closing data, the barometer index, the S&P BSE Sensex, ended flat at 77,540.83, up 3.11 points or 0.00%. The Nifty 50 index rose 20.15 points or 0.08% to 24,252.

Chennai (Tamil Nadu) [India], August 21: VELS Institute of Science Technology and Advanced Studies welcomed new students through a series of Freshers' Day 2026 celebrations held across its campuses in Pallavaram, Periyapalayam, Thalambur and Thiruvanmiyur in Chennai. The celebrations marked the beginning of a new academic journey for students joining programmes across diverse disciplines, including healthcare, engineering, technology, management, maritime studies, aviation and computing sciences

Millworks Technologies has announced the receipt of confirmed orders aggregating to approximately Rs 53.74 crore, further strengthening its business momentum for the FY27. With this, the Company's total confirmed order book has increased to Rs 121.88 crore, providing strong revenue visibility for the upcoming period.

Avro India Ltd, Addi Industries Ltd, U. H. Zaveri Ltd and Loyal Textile Mills Ltd are among the other losers in the BSE's 'B' group today, 21 August 2026.

Zydus Lifesciences announced the receipt of final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Ascorbic Acid Injection USP, 25,000 mg/50 mL (500 mg/mL), 5,000 mg/10 mL (500 mg/mL).

The 10-year US Treasury yield rose back to around 4.7%, while Japans 10-year bond yield also moved higher. Investors remained cautious about whether US debt buybacks can provide lasting relief for borrowing costs.

The Shanghai Composite was little changed at 3,905.2, while the Shenzhen Component gained 0.87% to 14,094.2. Vice Finance Minister Liao Min said the government would step up fiscal support, with more spending aimed at households and consumption.

B.L. Kashyap & Sons announced that it has secured an order worth Rs 183.18 crore from Realkraft Ventures LLP (Century Group).

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Ahmedabad (Gujarat) [India], August 21: Mefron Technologies has announced a strategic partnership with Hanrico, a leading original design manufacturer specialising in data cables and wire harnesses, to serve the Indian market. The agreement brings Hanrico's globally trusted expertise directly into India through Mefron's local manufacturing and supply chain capabilities.

New Delhi [India], August 21: Frankfinn Institute of Air Hostess Training, widely recognised as the World's No. 1 Air Hostess Training Institute, has once again made history by receiving three Training Partner Awards at the Tourism and Hospitality Skill Council's THSC Connect 2026 conference, themed The Power of Partnerships, held today at the India Habitat Centre in New Delhi.

Welspun Corp Ltd is quoting at Rs 2344.9, up 16.94% on the day as on 12:44 IST on the NSE. The stock is up 163.59% in last one year as compared to a 2.56% gain in NIFTY and a 40.14% gain in the Nifty Metal.

PVR Inox Ltd is quoting at Rs 1226.4, up 0.57% on the day as on 12:44 IST on the NSE. The stock is up 8.42% in last one year as compared to a 2.56% slide in NIFTY and a 1.85% slide in the Nifty Media.

At 12:30 IST, the barometer index, the S&P BSE Sensex gained 48.27 points or 0.06% to 77,585.99. The Nifty 50 index jumped 13.45 points or 0.05% to 24,244.55.

New Delhi [India], August 21: Virohan, a leading healthcare education company working at the intersection of academia, industry, and workforce development, hosted the inaugural Padma Health Conclave 2026 on 19th August at the India International Centre, New Delhi. Organised with India House as the Knowledge Partner, the conclave marked the launch of Voices of Service, Virohan's new learning initiative that brings the stories of service, leadership, and social impact of Padma Shri awardees and he

The British pound edged slightly lower after data showed downbeat UK retail sales. Retail sales fell 0.5% month-over-month in July after rising by 0.7% in June, the latest data published by the Office for National Statistics (ONS) showed. The core retail sales, stripping the auto motor fuel sales, fell by 0.9% MoM in July, compared with the previous increase of 0.9% and the estimated-0.5% figure. The annual retail sales in the UK came in at 1.6% in July versus a rise of 3.8% prior. The GBP/USD p

SKM Egg Products Export India added 3.10% to Rs 262.80 after the company said that Care Ratings has reaffirmed the company's long-term rating at 'CARE A-' with 'stable' outlook.

ICICI Bank's board approved borrowings by way of issuances of bonds/notes/offshore certificate of deposits in overseas markets for a revised limit of up to $ 5.00 billion.

Gurugram (Haryana) [India], August 21: VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a Memorandum of Understanding (MOU) with Federal Bank, one of India's leading private sector banks, to provide tailored inventory financing solutions for its authorised dealer network. The partnership marks another important step in VinFast's strategy to build a comprehensive ecosystem in India, empowering dealers with greater financial flexibility, enhancing op

Bajel Project jumped 4.32% to Rs 188.50 after the company said that its joint venture entity AnantGrid Projects One (AGPOPL) has emerged as the successful bidder for the Lakadia-Part A inter-state transmission project in Gujarat.

AnantGrid Projects One (AGPOPL) a company jointly owned by Bajel Projects (26%) and National Investment and Infrastructure Fund (74%) has received a Letter of Intent (LoI) from PFC Consulting (PFCCL) declaring it the successful bidder for Inter State transmission scheme, Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-A.

From Himachal Pradesh State Industrial Development Corporation

Subex has secured a new-logo engagement with a major European open-access fibre operator, marking a further step in its continued expansion across the region.

At meeting held on 21 August 2026

The order highlights strong demand for pipes used in energy and infrastructure projects, while geopolitical tensions have spurred investment in new pipeline networks

ENS Enterprises traded at Rs 96.47 on the BSE, a 4.86% premium to the issue price of Rs 92.

At 10:30 IST, the barometer index, the S&P BSE Sensex rose 95.02 points or 0.12% to 77,632.74. The Nifty 50 index added 22.80 points or 0.09% to 24,254.80.

The US stocks slipped on Thursday amid a rebound in bond yields.The yield on the 10-year U.S. Treasury note rose by more than 5 basis points to 4.704%, surpassing the level prior to the Treasury Department's announcement of an expanded repurchase program; the 30-year yield also increased by over 5 basis points to 5.248%. Earlier this week, the 30-year yield briefly touched its highest level in nearly two decades.

Manish Anandani will take over as managing director and chief executive officer of Colgate-Palmolive India from September 28

Skytech Infinite Platform traded at Rs 70.30 on the NSE, a 8.70% discount to the issue price of Rs 77.

Welspun Corp jumped 10.97% to Rs 2223.95 after the company announced the receipt of the largest single order in its history, valued at approximately $1.8 billion (equivalent to Rs 17,200 crore), for the supply of pipes.

The Japanese yen is holding steady on Friday after data showed Japans core consumer inflation rose faster in July, adding to expectations that the Bank of Japan (BOJ) could raise interest rates again at its September meeting. Core consumer prices, which exclude volatile fresh food prices, rose 1.8 per cent in July from a year earlier, government data showed on Friday. Inflation had risen 1.6 per cent in June. The data will be closely watched by the BOJ as it considers its next policy move on Sep