Business Standard

Securities in F&O Ban:

Value of gold reserves increased USD 2.801 billion to USD 114.218 billion during the week. The special drawing rights (SDRs) were up by USD 112 million at USD 18.852 billion, the apex bank said.

GIFT Nifty:

KNR Constructions has received a letter of acceptance (LoA) worth Rs 157.55 crore from Greater Hyderabad Municipal Corporation (GHMC).

Dissenting lenders allege five entities linked to Subhash Chandra's family helped push through a repayment plan proposing Rs 6.5 crore against admitted claims

The company has increased spending on sales and marketing, cut general and administrative costs, revamped sales teams in some businesses

Cashfree is targeting Rs 20,000 crore in lost GMV through AI agents that can follow up on abandoned carts, retry failed payments and manage disputes

The latest PLI sanction gives Ola Electric incremental liquidity as the company works to lower operating losses and reduce cash consumption

The announcement on Saturday that Jagdishan - a three-decade HDFC Bank veteran - won't seek reappointment puts to rest months of speculation that he was eyeing an extension

The CEO search comes after about six months of upheaval at HDFC Bank where leadership issues have weighed on its shares

Adhesives and construction chemicals maker Pidilite Industries expects consumer demand to remain resilient despite inflationary pressures and does not see an immediate need for further price increases in the current quarter, Managing Director Sudhanshu Vats has said. The company, which took price increases of up to 12 per cent in tranches in the June quarter to offset the spike in crude prices triggered by the West Asia crisis, does not foresee the need for any fresh price hikes in the current q

State-owned Oil and Natural Gas Corporation (ONGC) is exploring the acquisition of deepwater drillships or formation of a joint venture to secure dedicated drilling capacity as it steps up efforts to accelerate offshore exploration to find oil and gas reserves under its Mission Samudra Manthan programme. ONGC has issued an Expression of Interest (EOI) to engage a specialist global offshore rig-broking consultant to identify potential drillship owners or counterparties, assess assets and valuatio

Jindal Stainless is enhancing its annual capacity of coin blanks by 20 per cent to 12,000 tonnes as the company anticipates growth in demand for non-paper based currency across various geographies, a senior company official said. Many would not know that we manufacture coins blanks for Indian Mint as well as various international mints, Vijay Bindlish, the Unit Head of Jindal Stainless Hisar facility said in a joint management interaction. Coin blanks are produced at the country's largest stainl

Amrutanjan Health Care plans to set up 1 lakh direct chemist outlets in the current fiscal year to boost growth, following strong performance in pain management and women's hygiene categories in FY26, according to the company's annual report. The company's focus is to increase distribution touchpoints beyond its strong markets in the south and east, its Chairman and Managing Director S Sambhu Prasad said in the report. Our stated goal of achieving 1,00,000 direct chemist outlets will be achieved

Among internal candidates, Bharucha still has more than two years as board member

Tata Chemicals Ltd on Saturday said its wholly-owned US subsidiary, Tata Chemicals North America, has acquired North American soda ash customer contracts worth more than 5,00,000 metric tonnes for supply from September 2026 through December 2028. Tata Chemicals North America Inc (TCNA) entered into an Assignment and Assumption Agreement (ASA) with Searles Valley Minerals Inc (SVM) USA to acquire certain soda ash customer contracts and related commercial rights, Tata Chemicals Ltd (TCL) said in a

Electric two-wheeler maker Ather Energy on Saturday said it has invested over Rs 400-500 crore to develop its latest scooter platform EL and its first mass-market e-scooter Monarc. Earlier, the company launched Monarc at a starting price of Rs 99,999 (ex-showroom Bengaluru) in three variants, S100, S125 and S160, with a host of new features, with deliveries of the vehicle commencing from September. The company also said a 200 km version of Ather S and a feature-loaded Z version with a 125 km IDC

Ahmedabad (Gujarat) [India], August 29: DHS Multispecialty Hospital has inaugurated a new twin-tower facility in Ahmedabad, expanding its healthcare infrastructure and launching a dedicated robotic knee replacement centre.

Consequent to the completion of the acquisition, target company has become a wholly-owned subsidiary of the Company.

Mumbai (Maharashtra) [India], August 29: Founded in 1961 and operating in approximately 80 countries and regions under the philosophy Aiming at realizing the cohesive society Unicharm is the world's 10th largest and Japan's No. 1 pet care company. It entered pet care in 1986, offering a unique otal care approach across nutrition and hygiene.

HDFC Bank MD & CEO Sashidhar Jagdishan will retire on October 26, 2026, after deciding not to seek reappointment, the bank said

In State of Tamil Nadu

At meeting held on 29 August 2026

At meeting held on 29 August 2026

Barmer (Rajasthan) [India], August 29: At a time when enhancing domestic production remains a national priority, Mangala field in Barmer, Rajasthan stands as a testament to the potential of India's hydrocarbon resources, having delivered sustained production since Cairn made India's largest onshore oil discovery. As Mangala marks 17 years of First Oil, the field continues to be a cornerstone of the nation's oil and gas industry, making a significant contribution to domestic crude oil output and

New Delhi [India], August 29: When a virtually debt-free micro-cap company operating in a high-growth sector starts making strategic tech acquisitions, the market takes notice. Service Care Ltd (NSE: SERVICE), a specialized player in Workforce and Workspace Administration, is currently flashing strong signals of a major fundamental and technical reversal.

New Delhi [India], August 29: Cholan Tours, one of India's growing Destination Management Companies, was officially certified as a Great Place to Work in August 2026, marking a significant milestone in its ongoing efforts to build a people-first workplace focused on learning, collaboration, growth, and employee well-being.

The developer will acquire 84.71 acres in Najafgarh through a Rs 420.2 crore non-cash share swap, marking its first residential entry into Delhi

John Cockerill India secured an order worth approximately Rs 200 crore from A1 Iron & Steel Tanzania for steel processing equipment at its plant in Dodoma, Tanzania.

Meta Infotech announced that it has received a renewal order worth Rs 4.08 crore from a private sector bank for providing sustenance services for the period from April 1, 2026 to March 31, 2027.

Ather Energy introduced Konarc, its new electric scooter aimed at expanding the company's presence in the mass-market electric two-wheeler segment.

With gross development value of Rs 10,000-12,000 cr

Bengaluru (Karnataka) [India], August 29: As India's fashion, beauty and lifestyle ecosystem is witnessing increasing adoption of personalised shopping, creator-led commerce and instant gratification, Myntra is playing a key role in strengthening the future of e-commerce with its cutting-edge tech-led innovations in these aspects. At its flagship brand conclave, Myntra Tech Threads 2026, themed 'Where Velocity Meets Voice,' the company showcased an expansive suite of pioneering AI-led innovation

Aayush Wellness announced the launch of its Lung Care Tablets, marking a significant expansion of its prevention led healthcare vision. Building on the proposition of Aayush Herbal Masala, developed around the health concerns associated with smokeless-tobacco consumption, the Company is now extending its focus to respiratory wellness, addressing the growing health challenges associated with smoking, air pollution and environmental exposure.

Mumbai (Maharashtra)/ New Delhi [India], August 29: This Rakshabandhan, Mia by Tanishq gave brothers an unexpected reminder to make their sister's day a little more special. In a first-of-its-kind collaboration, Mia by Tanishq partnered with Zepto to bring its Make Your Sister Cry campaign into an everyday moment for consumers across Mumbai and Delhi NCR.

Ashoka Buildcon announced that it has secured a Rs 602.16-crore order from Rail Vikas Nigam (RVNL) for electro-mechanical works for tunnels under the Rishikesh-Karnprayag rail project in Uttarakhand.

Realty firm Max Estates Ltd has acquired 84.71 acre land in West Delhi from promoters' land holding entities, in a share-swap deal worth Rs 420 crore, as part of its expansion plan. The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site. With this acquisition, Max Estates said it has entered into Delhi's housing market. It is already doing residential projects in Gurugram and Noida markets

Devanathan will be based in Singapore and oversee consumer growth, enterprise adoption, partnerships, regulatory engagement and operations across Southeast Asia and Australia

CIL has flagged the 60-day bidding window and exclusion of captive power plants from eligible project costs, saying the rules could disadvantage it against private rivals

The Reliance Group on Friday, 28 August 2026, rejected allegations made by Essel Group chairman Subhash Chandra against media entities associated with the group, describing his remarks as baseless.

Jio Platforms, a subsidiary of Reliance Industries, has received an observation letter from the Securities and Exchange Board of India (SEBI) for its Draft Red Herring Prospectus (DRHP) for the proposed initial public offering (IPO).

Lax Gopisetty was visiting the region in his personal capacity; Infosys says it is working with relevant agencies to gather information and establish contact

The investor will sell up to 11.1 million units representing 25.03% stake on Aug. 31 for non-retail investors and Sept. 1 for retail investors, according to a filing.

Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised Rs 306 crore from anchor investors ahead of its Rs 680-crore initial public offering (IPO), which will open for subscription on August 31. The company has allotted 53.22 lakh equity shares to 10 anchor investors at Rs 575 per share, according to a circular uploaded on BSE's website. Some of the investors participating in the anchor book include ICICI Prudential Mutual Fund, Jupiter India Fund, Aditya Birla Sun Li

Ambuja Neotia Healthcare Venture Ltd (ANHVL) has earmarked an investment of around Rs 2,200 crore to expand its footprint across eastern India over the next four to five years, a top company official said on Friday. It will add close to 1,800 beds to take the total capacity to 2,500 beds, Managing Director Parthiv Neotia said. As part of the expansion, the healthcare arm of the Ambuja Neotia Group announced an investment of around Rs 150 crore to set up a 120-bed woman and child care facility in

On 28 August 2026

Mahindra today announced the expansion of its Battery-as-a-Service (BaaS) programme across its entire Electric Origin SUV portfolio, making it available on the BE 6 SPORTEQ, XEV 9S and XEV 9e.

With estimated gross development value of Rs 1330 cr

Consequent to the above allotment, the paid-up equity share capital of the company will increase from Rs 27,37,37,02,690 (i.e. 2,73,73,70,269 equity shares of face value of Rs 10/- each) to Rs 27,37,51,21,170 (i.e. 2,73,75,12,117 equity shares of face value of Rs 10/- each).