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Business Standard

Gujarat / Business Standard

Market ends flat amid geopolitical concerns; metal stocks gain

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.

21 Aug 2026 4:04 pm
VELS Welcomes Freshers with Grand Celebrations Across Four Campuses in Chennai

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

21 Aug 2026 3:55 pm
Indian envoy discusses issues of mutual interest with B'desh Finance min

Indian envoy Dinesh Trivedi met Bangladesh Finance Minister Amir Khosru Mahmud Chowdhury and discussed bilateral development projects and issues of mutual interest. The visit comes amid uncertainty surrounding Prime Minister Tarique Rahman's visit to India next month for the BRICS Summit following fresh strains in bilateral ties over Dhaka's demand for the extradition of deposed prime minister Sheikh Hasina. High Commissioner Dinesh Trivedi paid a courtesy call on the Minister of Finance and Pla

21 Aug 2026 3:48 pm
AI enters smartphone buying equation, but basics still matter most: Amazon

Amazon's Best in Tech survey shows AI is becoming a smartphone buying factor for Indian consumers, but performance, battery life and camera quality still matter more

21 Aug 2026 3:45 pm
India bets on battery storage boom to reduce rising solar power losses

Projects that are not equipped with battery storage are unlikely to find buyers, with almost 42 gigawatts of planned capacity yet to sign offtake contracts, Renewables Secretary Santosh Kumar Sarangi

21 Aug 2026 3:42 pm
SME stock Technocrats Plasma Systems zooms 83% against IPO price on debut

SME stock, Technocrats Plasma was locked at the 5 per cent upper circuit at 242 on the BSE on debut, zooming as much as 83 per cent against the issue price of 132 per share.

21 Aug 2026 3:34 pm
Empower India forays into sustainable digital infrastructure space

Empower India announced its strategic expansion into sustainable digital infrastructure solutions through its plans to develop customized Green Data Server and Data Center offerings. The initiative positions the Company to participate in India's rapidly growing data center industry, a market projected to exceed USD 22 billion by 2030, driven by accelerating adoption of Artificial Intelligence (AI), cloud computing, enterprise digitization, and increasing data localization requirements.

21 Aug 2026 3:31 pm
Balrampur Chini Mills Ltd leads losers in 'A' group

Himadri Speciality Chemical Ltd, Shree Renuka Sugars Ltd, Praj Industries Ltd and Britannia Industries Ltd are among the other losers in the BSE's 'A' group today, 21 August 2026.

21 Aug 2026 3:05 pm
Hy-Tech Engineers IPO: Valuations, growth outlook make analysts bullish

Hy-Tech Engineers IPO is a mix of a fresh issue of 60 crore and an offer for sale of 76 crore. The price band for the offer is set issue price band at 50 to 53 per share.

21 Aug 2026 3:02 pm
India, Russia discuss strengthening higher education cooperation

India and Russia discussed potential areas of mutual interest in higher education and reaffirmed their commitment to strengthening cooperation in the sector, the Ministry of Education said on Friday. Deepti Gaur Mukherjee, Secretary in the Department of Higher Education, held an interaction with Deputy Minister of Science and Higher Education of the Russian Federation, Mogilevsky Konstantin Ilyich, on Thursday, the ministry said in a post on X. Both sides discussed potential areas of mutual inte

21 Aug 2026 2:54 pm
Alacrity Securities Ltd leads losers in 'B' group

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.

21 Aug 2026 2:51 pm
Zydus receives USFDA approval for Ascorbic Acid Injection USP

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).

21 Aug 2026 2:50 pm
Japan's Nikkei falls as rising bond yields and rate hike fears weigh on sentiment

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.

21 Aug 2026 2:50 pm
China stocks end mixed as policy support lifts investor sentiment

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.

21 Aug 2026 2:50 pm
Fresh arson, petrol bomb attacks reported in Meghalaya, no injuries

Fresh incidents of arson and petrol bomb attacks on government properties were reported across Meghalaya in the past 24 hours as violence that erupted during a students' bike rally two days ago in Shillong spread to other parts of the state, while a blockade in Assam disrupted inter-state vehicular movement, officials said on Friday. A petrol bomb was hurled at a police outpost in Shillong, while three government vehicles and a motorcycle were set ablaze in Ri-Bhoi and another petrol bomb was lo

21 Aug 2026 2:48 pm
Treesa-Gayatri stun Chinese third seeds, secure historic BWF Worlds medal

The world No. 39 Indian pair, who entered the tournament unseeded, recovered from a slow start to defeat the Chinese combination 15-21, 21-16, 21-13

21 Aug 2026 2:37 pm
How Meta decides when AI can remove posts and when humans step in

Meta's automated systems do not send every flagged post to a human reviewer at the same stage. Its technology helps determine which content should be reviewed by people and in what order

21 Aug 2026 2:23 pm
MCX share price up 102% in a year; can the rally sustain? Analysts weigh

Analysts attributed the rise in MCX shares to its leadership position in the commodity segment. Notably, MCX has maintained over 98 per cent market share by value in commodity derivatives.

21 Aug 2026 2:19 pm
Hindustan Copper rises nearly 4% as copper prices gain on weak dollar

LME copper spot price is currently trading near its all-time high of $14,594/t, reached on 17 Aug 2026. At the current level of $14,113/t, spot copper price is up 46.3 per cent Y-o-Y on the LME.

21 Aug 2026 2:19 pm
Mefron drives global standards home, partners with Hanrico for India's cable ecosystem

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.

21 Aug 2026 2:10 pm
Govt orders removal of Google Firebase accounts after spotting scam pattern

Online scams have become one of India's most pressing law enforcement challenges, with Indians losing nearly $2.4 billion in alleged cyber fraud in 2025, according to government data

21 Aug 2026 2:09 pm
Frankfinn Institute of Air Hostess Training Receives Three Prestigious Awards at THSC Connect 2026 in New Delhi

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.

21 Aug 2026 2:05 pm
Front-of-pack labels: Where India stands vs global food labelling systems

India is yet to finalise its front-of-pack labelling rules. Here's how its proposed approach compares with warning labels and nutrition ratings used in other countries

21 Aug 2026 2:02 pm
Ban on construction in Delhi from Dec 10 to Jan 20 to curb air pollution

Construction activities will be completely banned in Delhi from December 10 to January 20 as part of the government's measures to curb air pollution during the winter season, Chief Minister Rekha Gupta said on Friday. In a post on X, Gupta urged citizens to report violations, saying construction sites measuring above 500 square metres would be monitored through the Delhi government's Dust Portal and AI-enabled cameras. Construction will be completely banned from 10 December to 20 January. If you

21 Aug 2026 2:01 pm
Can India sell E10 alongside E20? The logistics challenge explained

As E20 becomes the nationwide petrol blend, the question is whether India's existing fuel network can accommodate E10 alongside it. Here's what experts have to say

21 Aug 2026 1:39 pm
Microdrama boom: Why studios are betting despite shaky platform economics

India's microdrama audience is growing rapidly, but monetisation remains a work in progress

21 Aug 2026 1:38 pm
Titan Corporate Gifting Turns the Spotlight on Diwali Recognition with 'The Joy That Lasts'

The government has asked Meta to ensure human review in AI-led content moderation, warning that keyword-based takedowns can remove legitimate posts without context

21 Aug 2026 1:35 pm
The New-Age Indian Breakfast for GenZ: Is Convenience Becoming as Important as Nutrition?

The government has asked Meta to ensure human review in AI-led content moderation, warning that keyword-based takedowns can remove legitimate posts without context

21 Aug 2026 1:32 pm
Welspun Corp wins its largest order ever worth USD 1.8 billion

The order will be executed between FY 2028 & FY 2029.

21 Aug 2026 1:31 pm
Govt set to approve $1.2 billion incentive plan to make building equipment

The new scheme has been designed after assessing the incentives required to make local production viable against the country's existing import dependence

21 Aug 2026 1:19 pm
Sugar prices soar to 70 per kg ahead of festive season in West Bengal

Retail sugar prices have shot up to Rs 70 per kg in Kolkata markets ahead of the festive season, traders said on Friday. Prices have surged by Rs 20 a kg in the past month alone, while the last four to five days have seen a sudden 10 per cent jump, they said. Sugar-associated products such as jaggery, batasa (sugar drop), and nakuldana are also witnessing a similar spike. The Centre on Thursday evening allowed sugar mills to import one million tonne of raw sugar, a measure last resorted to a dec

21 Aug 2026 1:17 pm
NMDC Steel gains after Crisil Ratings upgrades ratings to 'A' with 'stable' outlook

NMDC Steel (NSL) rose 1.29% to Rs 40.08 after the company said that Crisil Ratings has upgraded its rating on the long-term bank facilities of the company to 'Crisil A/Stable' from 'Crisil BBB+/Stable'.

21 Aug 2026 1:16 pm
Oriental Rail Infrastructure Ltd leads gainers in 'B' group

Sambandam Spinning Mills Ltd, MPDL Ltd, Shanthi Gears Ltd and UR Sugar Industries Ltd are among the other gainers in the BSE's 'B' group today, 21 August 2026.

21 Aug 2026 1:16 pm
Bajaj Finance: Why Nomura is bullish despite competition, regulatory risks

Bajaj Finance shares have gained 12.56 per cent so far in 2026 and 22.18 per cent in a year. On Friday, the blue-chip NBFC stock was trading flat.

21 Aug 2026 1:05 pm
Yash's Toxic set for huge release worldwide; advance booking opens today

Kannada film Toxic: A Fairy Tale for grown-ups is gearing up for a major theatrical rollout across India and international screens. The upcoming action drama will be released in many languages

21 Aug 2026 1:04 pm
PVR Inox Ltd spurts 0.57%, up for five straight sessions

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.

21 Aug 2026 1:04 pm
HDFC Bank raises $1.75 bn through overseas bond issue to fund business

HDFC Bank has raised USD 1.75 billion through overseas bonds to fund its business growth. HDFC Bank , acting through GIFT City Branch, has completed the issue of USD 1.75 billion in senior unsecured bonds, the bank said in a regulatory filing. The private sector lender has raised USD 500 million with notes carrying a coupon rate of 5.159 per cent and maturing in three years, while the remaining USD 1.25 billion five-year paper carries a coupon rate of 5.4 per cent, it said. These papers will be

21 Aug 2026 12:51 pm
Nifty above 24,200 level; realty shares in demand

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.

21 Aug 2026 12:50 pm
IIFL Finance soars 8%, hits new high on huge volume; what's driving stock?

Gold-backed loans expanded rapidly in recent years, benefiting from tighter industry underwriting standards for unsecured loans, said Fitch Ratings.

21 Aug 2026 12:49 pm
IndiGo website faces glitch during booking, second disruption this week

The cause of the outage was not immediately clear

21 Aug 2026 12:36 pm
Virohan Launches a New Learning Initiative Voices of Service at Padma Health Conclave 2026

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

21 Aug 2026 12:35 pm
Pound dips slightly on downbeat UK retail sales data; GBP/INR futures hold above 130 mark

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

21 Aug 2026 12:31 pm
Yoghurt instead of diabetes shots? China's 'smart' probiotic shows promise

The engineered probiotic, named Gift, detects high blood sugar and releases the glucose-lowering hormone GLP-1, with animal tests showing effects comparable to Ozempic

21 Aug 2026 12:28 pm
Meesho expects to create 1 million seasonal jobs during festive season

E-commerce marketplace Meesho expects to create over 10 lakh seasonal job opportunities across its seller and logistics ecosystem to meet the surge in demand during the upcoming festive season. The projected employment generation includes approximately 6.5 lakh jobs across its seller network and about 3.75 lakh roles across its logistics operations. The festive season is an important period for businesses across our ecosystem to scale up and prepare for increased demand. This year, we expect to

21 Aug 2026 12:12 pm
The world already knows his name: Ronaldinho arrives at 3rd-tier Ravenna

Brazil great Ronaldinho has landed in Ravenna, a city more famous for its nearby beaches than its soccer team. The lyrics and the world's going to know your name seemed ironically superfluous as one of soccer's most recognizable figures stepped on stage in front of thousands of fans on Thursday. That song, Hall of Fame by The Script, had been belted out throughout the presentation of third-tier Ravenna's team for the upcoming season before the team's new No. 10 walked out. Thursday was dubbed Ro

21 Aug 2026 12:07 pm
Small-cap index up 13% YTD; do valuations warrant caution? Analysts explain

The inflows into the small-cap mutual funds category have been net positive since April 2024, with July 2026 clocking the highest inflows during this period at 7,768 crore

21 Aug 2026 12:06 pm
Welspun Corp Ltd leads gainers in 'A' group

Welspun Enterprises Ltd, Thomas Cook (India) Ltd, Cartrade Tech Ltd and Jindal Saw Ltd are among the other gainers in the BSE's 'A' group today, 21 August 2026.

21 Aug 2026 12:04 pm
Bad loans at a decade low, but stress in agriculture sector persists

While public sector banks have cleaned up their balance sheets to match private peers overall, private lenders now hold a higher share of bad debt in retail loans

21 Aug 2026 12:04 pm
SKM Egg Products rises after Care Ratings reaffirms ratings at 'A-/A2+'

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.

21 Aug 2026 12:04 pm