The Economic Times

Godrej Industries Group is entering the private credit market with a new fund. The company aims to raise up to two thousand crore rupees for this venture. This new alternate investment fund will focus on mid-market companies. Financing will be secured by hard collateral and comprehensive covenant protection. The fund targets high net worth and institutional investors for capital.

As private credit, venture debt and co-investments gain traction, Indias family offices and institutional investors are increasingly diversifying portfolios in search of differentiated sources of alpha.

The annual general meeting of Tata Sons faced an unforeseen adjournment caused by a lack of quorum. This rare incident followed the exclusion of a vital trust that required permissions to participate. The implications for chairman N Chandrasekaran's potential reappointment are now in question as he remains a director until an official meeting can reconvene. Legal reviews of this situation are actively underway.

In today's advanced warfare, winning hinges on information mastery and swift decision-making. To achieve success in multi-domain operations, shortening the OODA loop is vital. Essential components such as surveillance, C4I2, and electro-optics must work together seamlessly to bolster operational superiority. Moreover, robust interoperability and cybersecurity are key for stable network-centric engagements, necessitating close collaboration among military, industry, and academic sectors for futur

Wyoming buried 1,124 wind turbine blades in a Casper landfill after cutting each into three pieces, but a Missouri plant near St Louis has found a way to process around 250 blades a month by turning them into cement feedstock and kiln fuel. With 43 million tons of blade material projected for disposal by mid-century, both approaches remain a start rather than a solution.

RBI faces challenges forecasting demand for banknotes as currency in circulation continues to grow at double-digit rates despite rising digital payments. Deputy Governor SC Murmu said cash remains widely used, particularly in rural areas, among low-income groups and small businesses.

The Yamuna Pushta elevated expressway alignment has been revised to extend closer to Noida International Airport. The eight-lane road will now span approximately 50km and connect with the Faridabad-Jewar Greenfield Expressway. The revised route is designed to accommodate the expected rise in traffic after the airport becomes operational and ease pressure on existing roads. The project, estimated to cost Rs 4,000 crore, aims to improve connectivity between Delhi, Noida, Greater Noida and the airp

IOS update 26.6 1: Apple has released iOS 26.6.1 and iPadOS 26.6.1 with security fixes addressing vulnerabilities across Audio, ImageIO, IOGPUFamily, Kernel, Telephony and WebKit. The issues could have exposed sensitive information, caused system crashes, enabled arbitrary code execution, corrupted memory or allowed network traffic interception. Apple addressed the vulnerabilities through improved checks, input validation, memory handling, locking and state management.

A strengthening El Nio could disrupt global supplies of cocoa, coffee and sugar through drought, heat and excessive rainfall. Forecasters see a greater than 90% chance of a very strong event, posing fresh risks to major producing regions.

Pony.ai's overseas robotaxi plans now exceed four thousand vehicles. The company reported significant revenue growth in its second quarter. Robotaxi services contributed one-third of total revenue for the first time. Pony.ai anticipates exceeding its full-year robotaxi revenue target.

Three mainboard IPOs from 2026, Omnitech Engineering, SEDEMAC Mechatronics and Shadowfax Technologies, have emerged as multibaggers, gaining over 100 per cent from issue prices. With 44 mainboard debuts raising Rs 67,185.6 crore so far, analysts say sustained momentum will depend on earnings execution and broader secondary market performance.

Morocco's King Mohammed VI is backing a $750 million expansion of Managem Group's gold mining operations across Africa. The company aims to increase annual gold production from 2,13,000 ounces in 2025 to 5,00,000 ounces by 2030, as rising gold prices and growing African demand for domestic reserves make the continent increasingly important to the global gold market.

Virat Kohli's international cricket debut marked a significant career milestone. He has amassed over 28,000 runs and 85 centuries in his career. Kohli holds unique records, including most 150-plus scores by a non-opener. He is the only player with 20,000 international runs in a decade. Kohli also achieved a clean sweep of ICC awards in 2018.

A medical board confirmed Twisha Sharma died by suicide after a court-ordered second postmortem. The CBI filed a chargesheet against her husband and mother-in-law for alleged torture. The forensic opinion stated death resulted from ante-mortem hanging, which was suicidal in manner. No injuries suggesting assault or struggle were found on the deceased's body. This medical opinion forms a key piece of evidence in the ongoing investigation.

Jaipur Nagar Nigam's official complaint portal has gone viral for having dropdown menus listing civic problems in plain conversational Hindi, from 'Dog pagal ho gaya hai pakadwana hai' to 'Gaadi wala paise mangta hai.' The internet has largely praised the portal for making government services accessible to everyday residents.

Ancient Greek philosopher Thales of Miletus viewed hope as a universal possession. He believed hope remained even when individuals had nothing else to rely upon. Thales, a pioneer in natural inquiry, sought rational explanations for existence. His famous idea proposed water as the fundamental principle of all things. This ancient wisdom highlights hope's enduring power as a source of strength.

One more worker's body was found in the Chamoli tunnel accident, increasing the death toll to nine. Search operations continue for the single remaining missing worker amidst challenging debris conditions. Multiple agencies are working diligently to locate the individual and complete the rescue mission. Several JCB machines trapped inside the tunnel have been successfully retrieved so far.

An unemployed techie has shared the emotional and financial challenges of being without a job for two and a half months. In an Instagram video, he spoke about mental fatigue, shrinking savings and the pressure of living in a metro city. He also stressed the importance of professional connections and practical workplace experience while searching for new opportunities.

Tom Hanks built a career spanning over four decades with diverse roles. He earned two consecutive Academy Awards for his outstanding acting performances. His breakthrough came with television's Bosom Buddies and later successful films. Hanks is known for his relatable characters and ability to connect with audiences. He remains a respected figure in American cinema and storytelling.

The European Central Bank warns that an AI market correction on Wall Street is likely, citing historical tech bubbles like the dot-com era. Even if AI succeeds, overstretched valuations, shifting macro risks, and limited policy buffers could trigger sharp stock adjustments, impacting euro area investors.

ETMarkets identified 37 stocks held exclusively by one mutual fund scheme, each with over Rs 10 crore in holdings. Performance was mixed, with select stocks surging up to 126%, while four declined 2533% over six months.

Tube Investments of India shares surged after the company reported a 5% year-on-year decline in Q1FY27 profit to Rs 158.62 crore, despite a 17.7% rise in revenue to Rs 2,227.63 crore. Motilal Oswal retained its Buy rating with a Rs 3,379 target, citing strong core business performance, 17% engineering volume growth and double-digit export growth.

Welspun Living shares surged nearly 8% on Tuesday, extending gains to nearly 14% over three sessions after the company reported a strong Q1FY27 performance. Brokerages Motilal Oswal and JM Financial retained their Buy ratings, citing improving fundamentals, margin expansion and further earnings growth potential.

Biocon shares rose after its US subsidiary received supplemental FDA approval for Yesintek single-dose prefilled autoinjectors in two strengths. The approval expands Biocons US immunology portfolio, with Yesintek used to treat conditions including plaque psoriasis, psoriatic arthritis, Crohns disease and ulcerative colitis.

Milky Mist Dairy Food shares surged 10 per cent to hit the upper circuit at Rs 181.50 post-debut, marking a 30 per cent gain over its issue price. Despite strong fundamentals and premium valuation drivers, analysts recommend holding with a Rs 150 stop-loss rather than chasing the stock.

Colgate-Palmolive shares slipped after the companys Investor Day 2026, as investors weighed higher brand investments against its long-term growth and profitability strategy. While Goldman Sachs retained a Neutral view, Motilal Oswal and Nuvama maintained Buy ratings, citing volume recovery, premiumisation and category expansion as key growth drivers.

The Bharatiya Janata Party has announced a significant reshuffling of its national office-bearers. This restructuring aims to blend experience with youthful energy for upcoming polls. Several prominent leaders have returned to key roles after a period of absence. The new team includes diverse representation from various states and communities. This strategic move prepares the party for future electoral challenges and contests.

The Defence Ministry has released its sixth indigensition list, featuring 405 items. These components and systems will now be exclusively sourced from Indian suppliers. The list includes critical items for air and armoured platforms, and defence electronics. This initiative aims to boost domestic manufacturing and reduce import dependence. Over 15,700 defence items have already been successfully indigenised.

Metal stocks came under pressure after a sharp rally in the previous session, as global metal prices corrected amid concerns over China

A false claim about Iran's nuclear ambitions spread through Israeli and US networks. This originated from an India-based X account and was amplified by various figures. Israeli Prime Minister Benjamin Netanyahu and senior US politicians cited the fabricated statement. The claim was later clarified as taken out of context and amplified. This episode highlights information loops and the role of Indian accounts in online narratives.

Human remains were discovered in a remote desert area about 15 miles from Nancy Guthries home, but the Pima County Sheriffs Department said there is no indication the bones belong to her. The discovery comes as authorities continue investigating Guthries disappearance and examine ransom notes that were sent after she went missing.

PTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-on-year to 197.1 crore, supported by aerospace and defence programmes. Investors Mukul Agrawal and Vikas Khemani held 1.07% and 2.57% stakes, respectively, as of June 2026.

The National Stock Exchange of India is eyeing a valuation nearing fifty-five billion dollars for its upcoming initial public offering. Shares are being promoted to investors at a price range between two thousand and two thousand one hundred rupees. While the majority of the global road show has wrapped up, several meetings are still arranged in the Middle East.

Augmont Enterprises Ltd is set to unveil its initial public offering (IPO) on August 21, with a target to raise Rs 825 crore. The IPO will comprise both a new issue and an offer for sale from promoters. Anchor investors can place bids starting August 20, while the public issue will conclude on August 25.

Indo-MIM shares surged after the newly listed precision components maker reported a 31.6% year-on-year rise in Q1FY27 consolidated net profit to Rs 240.12 crore. The stock also touched a fresh 52-week high during early trade.

Sigma Advanced Systems shares gained nearly 5% after the defence technology company announced orders worth around Rs 155 crore for its Indrajaal Ranger anti-drone system. The stock has surged 105% in three months, while its order book stands at approximately Rs 8,000 crore, supporting strong revenue visibility.

The RBIs proposed curbs on flexi loans could reshape how Indias self-employed workers and small businesses borrow. While the move aims to prevent evergreening of bad debt, it could also restrict a useful source of flexible working capital. The bigger question is whether tighter oversight can curb misuse without shutting out genuine borrowers.

Indian stock markets saw a troubling trend as they recorded declines for several days in a row. On the third straight day, the Sensex dropped significantly, and the Nifty 50 fell for the sixth consecutive session. This decline coincided with fading expectations for a peace deal in the Middle East, with the Sensex losing over 250 points and Nifty 50 dropping below 23,250 while small-cap stocks managed to gain traction.

Sham Foam shares are set to list on the BSE SME platform on August 18, with grey market trends pointing to a largely flat debut. The Rs 40.48-crore IPO was subscribed 2.40 times overall, while the issue comprised a fresh issue of 31 lakh shares priced at Rs 130 apiece.

Vijay Shekhar Sharma, the founder of Paytm, has set an ambitious target of generating one billion dollars in free cash flow. He envisions that fintech companies will capture a larger share of the growing lending market. Focusing on profitability, Sharma plans to pivot away from ventures that lack clear returns.

Paytm parent One 97 Communications shares will be in focus on Tuesday as founder Vijay Shekhar Sharma's Resilient Asset Management BV plans to sell up to a 4.98% stake worth Rs 4,895 crore via a block deal at a floor price of Rs 1,535.10 per share.