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Georgia Military School Embarks on Turnaround Post-Debt Reprieve

Riverside Military Academy, an all-boys boarding and day school in Gainesville, Georgia, has entered into a forbearance agreement after defaulting on its debt obligations, according to a market disclosure.

18 Aug 2026 2:03 am
NICDP projects need faster execution as Centre pushes investor-ready industrial ecosystems

The Centre has asked states to move faster on industrial corridor execution as NICDP crosses 20 projects and BHAVYA draws strong early interest. 

17 Aug 2026 10:41 pm
Meta faces astronomical stakes as California child privacy trial could change Instagram, Facebook forever

Meta faces 'astronomical' consequences as child privacy trial in California could change Instagram, Facebook forever

17 Aug 2026 10:26 pm
Paytm founder Sharma to sell stake worth up to 4,895 crore in block deal

As of June-end, Sharma's Resilient was listed as a public shareholder with just over 10% stake in the Paytm parent. Resilient is a Netherlands-registered holding firm that Sharma set up to acquire a 10.3% ownership and voting interest in One 97 Communications from Ant Group Co. affiliate Antfin.

17 Aug 2026 10:20 pm
Jio vs Airtel: the base plan is now the new telecom battleground

The move from Reliance Jio, whose tariffs already trade at a discount to peers, could affect Airtels strategy to upgrade base-level plan users to higher tariffs. The pricing divergence also puts the spotlight on Vodafone Idea.

17 Aug 2026 9:22 pm
Who is Sam Mehta? L3Harris names replacement for ousted CEO Christopher Kubasik

Incoming CEO Sam Mehta, 53, joined L3Harris in 2023. He had led L3Harris's Space & Mission Systems and Communications & Spectrum Dominance segments, which together account for about 80% of total revenue.

17 Aug 2026 9:21 pm
OpenAI leadership exits: Brockman calls turnover atypical after Denise Dresser, Brad Lightcap quit

OpenAI is undergoing another senior leadership reshuffle just as the ChatGPT maker enters one of the most consequential phases of its expansion

17 Aug 2026 9:10 pm
Wipro arm, Micromax, Jyoti CNC lead 7,877cr electronics investments

Meity approved 7,877 crore in new electronics component investments across 31 projects on Monday, led by Wipro's 1,033-crore addition to its Bengaluru circuit-board material plant. 

17 Aug 2026 8:44 pm
Colgate collaborates with Bombay Shaving Company for Palmolive ads

 The partnership, aimed at leveraging Bombay Shaving's D2C expertise, comes as the Palmolive brand experiences disappointing sales performance.

17 Aug 2026 7:55 pm
Govt to announce high-powered panel on banking reforms for Viksit Bharat

Finance minister Nirmala Sitharaman says PSB Confluence deliberations will provide substantive inputs to the proposed panel as banks prepare for the next phase of growth.

17 Aug 2026 7:31 pm
Tata Capital Healthcare Fund leads $30 million investment in Tenet Diagnostics

Tata Capital Healthcare Fund and Blue Earth Capital have put $30 million into Tenet Diagnostics, marking one of the first deployments from TCHF's newly closed Fund III. 

17 Aug 2026 6:58 pm
'Our cyber defence must evolve faster: SEBI chief Tuhin Kanta Pandey launches 2 new portals for digital security

SEBI Chairman Tuhin Kanta Pandey announced two new portals to strengthen cybersecurity and incident reporting in the securities market. The move aims to improve information sharing, cyber resilience, and preparedness as threats become increasingly sophisticated.

17 Aug 2026 6:53 pm
Banking for Viksit Bharat: Govt to soon set up high-level panel as sector sees improved asset quality, says Sitharaman

Finance Minister Nirmala Sitharaman today said the Centre will soon constitute a high-level panel on Banking for Viksit Bharat, which will submit its thoughts and recommendations to the government. 

17 Aug 2026 4:02 pm
In a first, Bihar joins Centres direct pulse procurement network

The policy shift gives local growers direct access to the Centre's MSP mechanism for the first time, with agencies already procuring 3,000 tonnes of masoor.

17 Aug 2026 3:56 pm
L&T clinches 15,000 crore Middle East contract, boosts offshore energy order book

The contract involves the development of multiple offshore facilities and marks a significant addition to LTEH Offshores order book.

17 Aug 2026 3:54 pm
GIC Re pushes 50-50 international goal into long term as foreign book shrinks

GIC Re expects it could take three to four years to rebuild its foreign premium to 18,000 crore as softer reinsurance rates reduce premiums earned on the same risks.

17 Aug 2026 3:48 pm
Global PE fund Permira may lead race to acquire $150-200 mn stake in Cloudnine Hospitals

The likely deal will be secondary in nature, with existing investor True North looking to sell its over decade-old stake in Cloudnine

17 Aug 2026 2:00 pm
Bollywood actors get show-cause notice over Vimal Elaichi ad; what is surrogate advertising and what does the law say

Bollywood actors Shah Rukh Khan, Ajay Devgn, and Tiger Shroff face FDA show-cause notices over a Vimal Elaichi ad allegedly promoting Vimal Pan Masala through surrogate advertising. The FDA called it a final warning and ordered the actors to remove promotional content

17 Aug 2026 12:57 pm
Bollywood box office is booming, but OTT deals remain a hard sell

The first half of 2026 has seen record box office earnings, yet despite this, demand for ancillary rights remains cautious. Buyers are focusing on proven audience appreciation rather than mere box office success, placing tighter restrictions on investments across the media landscape.

17 Aug 2026 12:19 pm
HP executive calls Gen Z AI native, lauds their ability to listen, build trust, understand customers need

An HP executive described Gen Z as 'AI native', highlighting their strong listening skills, ability to build trust and comfort with technology. He emphasized their role in driving innovation.

17 Aug 2026 11:29 am
Elon Musks SpaceX holdings revealed. (Hint: Its a lot.)

The CEO controls 6.4 billion SpaceX shares, almost half of the stock outstanding.

17 Aug 2026 6:34 am
Page Industries bets on a future beyond innerwear even as margin pressure remains

Managing director V.S. Ganesh said that Page wont enter a category unless it can outsell the next three competitors combined, and claims to already meet that bar in lingerie and athleisure.

17 Aug 2026 6:06 am
Yotta targets $1.5 billion raise in FY27, including India IPO

The data centre firm plans to raise most of the money from private-equity investors before the IPO, which could raise up to $400 million.

17 Aug 2026 6:00 am
India still lacks enough high-grade steel, leaving pipe makers relying on imports: Sminu Jindal

Domestic mills are developing specialized grades for oil and gas pipelines, but limited volumes and high prices are keeping the pipe maker dependent on imports.

17 Aug 2026 6:00 am
Private banks outshine PSU peers on profit, deposits and asset quality

Private banks outpaced public sector undertaking peers on profit and deposit growth in the June quarter, while state-run lenders posted sharper improvements in asset quality and net interest income. 

17 Aug 2026 5:50 am
Govt push for star ratings on electric two-wheelers hits industry pushback

Automakers body SIAM has discussed the proposal and is of the view that e-two-wheelers are still not self-sustaining and remain reliant on subsidies and incentives.

17 Aug 2026 5:45 am
Chinese carmakers open doors for Mahindra's global push

The company has marked out South Africa, the UK, Australia, New Zealand and Latin American countries, including Brazil, as it evaluates an expansion in these countries using new pickup trucks and passenger vehicles.

17 Aug 2026 5:36 am
Stripe Clinches Over $7 Billion Deal to Buy AI Firm OpenRouter

Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter.

17 Aug 2026 3:00 am
Covert Mideast oil flows are keeping global prices in check

The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt, despite recent attacks on vessels, people with knowledge of the shipments said

16 Aug 2026 11:31 pm
Govt sets LPG production targets for refineries amid West Asia crisis

The oil ministry has for the first time fixed LPG production targets for 21 refiners and upstream firms, totalling 63,810 tonnes daily, after the West Asia war disrupted India's cooking gas imports.

16 Aug 2026 9:55 pm
Amber to start making Oppo, OnePlus, Realme phones in March 2027 quarter, double output in 2nd year

Amber Enterprises India Executive Chairman & CEO and whole-time director Jasbir Singh, during the company's earnings call, said that firm expects to start with production of 8 million units of Oppo group smartphone brands and scale it twofold to around 16 million units in 2nd year of operations.

16 Aug 2026 8:13 pm
House of Abhinandan Lodha targets 40 boutique resorts in five years

House of Abhinandan Lodha plans to establish 40 boutique resorts under its Miros brand, focusing on luxury experiences rather than conventional hotels. The initial properties will be in Goa, with others planned across Maharashtra and Ayodhya over the next five years.

16 Aug 2026 7:51 pm
Govt mandates daily LPG target of 63.81 KTPD to strengthen domestic supply

The Petroleum Ministry in an order specified production levels for 18 public-sector refineries, three private-sector companies and three upstream companies

16 Aug 2026 7:06 pm
Immersive media gains momentum in India

While AR and VR offer new opportunities for audience engagement, monetization remains a challenge because of high equipment costs and legal hurdles.

16 Aug 2026 6:24 pm
Biyani's Style Union seeks to raise 800 crore as value retail market expands

Style Union, which is operated by Nexon Omniverse, was launched in 2022 by Rakesh Biyani and Ekta Biyani to make everyday fast-fashion for men, women, and children more affordable. It opened its first stores in Hyderabad and Bengaluru and has expanded to over 170 outlets in the past four years.

16 Aug 2026 1:49 pm
Mint Explainer | Why India Inc is retaining more of its profits

Dividends hit a record 5.13 trillion in FY26, but payouts grew slower than profits, pushing the payout ratio to a 12-year low as companies retain more cash.

16 Aug 2026 11:56 am
Nvidia-OpenAI partnership: US chipmaker plans to invest $3 billion in SB Energy; what we know

Nvidia is in talks to invest roughly $3 billion in SB Energy while discussing up to $100 billion in credit support for an Ohio data centre project for OpenAI.

16 Aug 2026 7:38 am
Indias chip startups struggle to fund leap from design to commercial production

Indian semiconductor and physical-AI companies raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.

16 Aug 2026 7:01 am
Ballys Warns of Debt Covenant Breach Risk as It Seeks New Funds

Ballys Corp. warned investors of substantial doubt that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.

16 Aug 2026 3:05 am
Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

16 Aug 2026 3:02 am
Anish Shah-led Mahindra renews global push after cutting losses

Mahindra wants to pursue a two-pronged strategy: expanding in global markets while simultaneously increasing volumes in the domestic market

15 Aug 2026 7:03 pm
Amazon brings back no class-action clause: Why customers may have to fight disputes outside court

Amazon has reinstated a user agreement clause that may hinder class-action lawsuits against it, requiring customers to resolve disputes outside court. 

15 Aug 2026 6:08 pm
With no nominee from Sir Ratan Tata Trust, Tata Sons AGM next week may not happen: Report

The Tata Sons AGM on 18 August may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, PTI reported.

15 Aug 2026 4:05 pm
Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

USA-MARKETS/13F-TIGER GLOBAL:Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

15 Aug 2026 12:57 am
Meta Says Its Shut Down 750,000 Youth Accounts in Australia

Meta Platforms Inc. says it has removed access to more than 750,000 Instagram and Facebook accounts in Australia believed to belong to people under 16 since it began complying with the countrys landmark youth social media ban last year.

15 Aug 2026 12:26 am
Luigi Mangione pleads guilty to federal stalking charges in the killing of UnitedHealthcare CEO

Luigi Mangione pleads guilty to federal stalking charges in the killing of UnitedHealthcare CEO

15 Aug 2026 12:08 am
JPMorgan Chase debanks Polymarket over regulatory concerns: Report

JPMorgan retains other ties to Polymarket as it looks to leave the door open for an underwriting role should it attempt to go public, the report said. 

14 Aug 2026 10:08 pm
Elon Musk's SpaceX gears up to take on rivals OpenAI, Anthropic with $60 billion acquisition of AI startup Cursor

SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musks bid to gain ground on rivals Anthropic PBC and OpenAI.

14 Aug 2026 8:31 pm
Reliance, Rolls-Royce join hands to develop indigenous engine for AMCA full details here

Reliance Industries and Rolls-Royce announced a partnership to develop a combat aircraft engine for India's AMCA programme, aiming to enhance domestic fighter-jet propulsion capabilities. They plan to establish an Aerospace Gas Turbine Complex in India for the entire engine lifecycle.

14 Aug 2026 8:27 pm
Mahindra looks to plug gaps in its commercial vehicle push

Mahindra is using the merged SML Mahindra entity and two new truck engines to break into heavier commercial vehicle segments and challenge Tata Motors and Ashok Leyland. The company is targeting 20% CV market share within a decade while treading carefully on subsidised electric buses.

14 Aug 2026 8:07 pm