SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Business Standard

Pictures / Business Standard

Tata Group's consumer push gathered pace under Chandrasekaran's leadership

The creation of Tata Consumer Products and acquisitions of Capital Foods, Organic India and Soulfull helped the group build a larger, diversified portfolio of consumer brands

12 Aug 2026 9:16 pm
Fertiliser sales decline in July despite a pick-up in the monsoon

Fertiliser sales fell across key nutrients in July despite a stronger monsoon, suggesting farmers entered the peak sowing season with adequate stocks

12 Aug 2026 9:16 pm
What next for Tata Sons as N Chandrasekaran prepares to step away in 2027

Tata Sons must constitute a selection committee to choose its next chairman amid governance disputes at Tata Trusts and unresolved questions over listing and the SP Group

12 Aug 2026 9:10 pm
With AI in picture, nearly half of GCC workers may need reskilling: Report

Nearly 46% of India's GCC workforce may need major upskilling or reskilling within three years as AI reshapes jobs, skills and business models

12 Aug 2026 9:05 pm
GIFT City commodity trading proposal under govt review: IFSCA chief

IFSCA is discussing with the government a proposal to classify commodity trading as a financial product in GIFT IFSC, potentially boosting India's role in global commodity markets

12 Aug 2026 8:55 pm
Mahindra family completes 500 crore commitment to Mahindra University

Anuradha and Anand Mahindra have contributed M&M shares worth around Rs 300 crore, completing their pledge to support the university's academic and charitable objectives.

12 Aug 2026 8:49 pm
Tier-II, III cities account for over half of forex demand: Thomas Cook

Thomas Cook's report shows smaller cities driving forex demand as young travellers adopt digital channels and buyers increasingly opt for destination-specific currencies.

12 Aug 2026 8:41 pm
Cash discovery row: LS panel finds charges against Justice Varma proved

The inquiry committee also concluded that material evidence was not preserved after a fire broke out at his residence and his subsequent explanations were 'evasive' and 'misleading'.

12 Aug 2026 8:37 pm
West Asia conflict may have fiscal implications in FY27: Finance Ministry

The ministry said its fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks

12 Aug 2026 8:33 pm
Govt weighs tiered incentives to phase out zero MDR in coming years: FinMin

The Finance Ministry is exploring selective MDR restoration or tiered incentives as a parliamentary panel flags a widening funding gap in the UPI ecosystem.

12 Aug 2026 8:30 pm
Govt spends 292 crore under National Green Hydrogen Mission so far: MNRE

The mission has awarded electrolyser capacity of 3,000 MW annually and green hydrogen production capacity of 756,100 tonnes per annum to participating companies

12 Aug 2026 8:28 pm
Julius Baer leases 74,037 sq ft office in Mumbai for India GCC operations

The Swiss private bank's India arm has taken the Andheri East property on a 60-month lease, with a total rental outgo of Rs 102.6 crore and annual escalation of 5 per cent.

12 Aug 2026 8:27 pm
Leadership transition may weigh on GCPL's near-term business outlook

Sudhir Sitapati's sudden exit has raised concerns over execution and strategy, though GCPL has retained its guidance and appointed internal executives to key roles

12 Aug 2026 8:26 pm
Brics face constraints in mobilising private capital at scale: Sitharaman

The finance minister said public funds should catalyse private investment, while stable policy frameworks and multilateral institutions must help reduce investment risks

12 Aug 2026 8:23 pm
Vineet Gupta, Ashoka University Founder, on One-Year PG Degrees: Flexibility Must Not Come at the Cost of Quality

Vineet Gupta explains why shorter master's pathways can support career mobility, but only when institutions protect rigour, outcomes, faculty quality and employer relevance at scale.

12 Aug 2026 8:22 pm
Andhra Pradesh tops job, SHG targets but badly trails on housing and roads

The state exceeded employment and self-help group targets under the Twenty Point Programme but achieved barely a third of its rural housing and road goals in FY26.

12 Aug 2026 8:21 pm
Meta faces biggest youth social media test yet as 29 US states go to trial

The seven-week trial will test claims that Meta designed Facebook and Instagram to keep children hooked and misled users about the safety of its platforms.

12 Aug 2026 8:18 pm
MoRTH revises BOT model concession agreement to attract private players

The revised model concession agreement includes buyback, revenue support and traffic-risk sharing measures aimed at making BOT highway projects more bankable.

12 Aug 2026 8:18 pm
UP govt's anti-land mafia drive frees 2.08 lakh acres from encroachment

Over 84,005 hectares (approximately 2.08 lakh acres) of land across Uttar Pradesh have been freed from illegal encroachment over the past nine and a half years through strict action and various drives, the state revenue department said here on Wednesday. The action comes as part of the Uttar Pradesh government's anti-land mafia campaign against illegal encroachment on public properties. Along with freeing land from illegal occupation, the campaign has been further expanded through the disposal o

12 Aug 2026 8:09 pm
CAG flags 401 crore GST lapses in works contracts, findings accepted

The CBIC accepted observations in 903 of the 1,334 cases detected by the auditor, involving Rs 268.36 crore, and has recovered Rs 15.88 crore so far.

12 Aug 2026 8:09 pm
Balanced hybrid MFs suit moderate-risk investors with five-year horizon

Balanced hybrid funds maintain 40-60 per cent allocations to both equity and debt, offering moderate-risk investors diversification and rule-based rebalancing

12 Aug 2026 8:02 pm
L & T Finance Unveils Gold Loan Campaign Featuring Brand Ambassador Jasprit Bumrah

Mumbai (Maharashtra) [India], August 12: L & T Finance Ltd. (LTF), one of the leading retail financiers in the country, introduced three new TV commercials (TVC) with the tagline, 'Koi Bhi Sapna Hold Mat Karo, L & T Finance Gold Loan Karo,' featuring its brand ambassador, Jasprit Bumrah. Through this campaign, LTF will drive awareness for its Gold Loan offerings and empower individuals, micro-entrepreneurs, and households to unlock the value of their idle gold to fuel their growth, aspirations,

12 Aug 2026 8:00 pm
Airtel removes long-validity prepaid plans, keeps headline tariffs steady

The telecom operator has removed several 56- and 60-day prepaid plans as it seeks to move high-data users towards costlier packs and encourage migration to postpaid services

12 Aug 2026 7:59 pm
Education Ministry tops CAG audit list for unutilised grants in 2022-23

The ministry's autonomous bodies reported Rs 4,553.85 crore in unutilised grants, while the auditor also flagged accreditation gaps and delays in financial reporting.

12 Aug 2026 7:59 pm
Horizon Industrial Parks eyes next growth phase with 2,600 crore IPO

The Blackstone-backed industrial and logistics platform plans to use the fresh issue to reduce debt and support the development of its 33-million-square-foot pipeline.

12 Aug 2026 7:56 pm
Chandrasekaran's exit brings Tata Group's governance structure into focus

Governance experts flag the need for clearer institutional mechanisms to resolve differences between Tata Trusts, the Tata Sons board and professional management.

12 Aug 2026 7:53 pm
Reliance Brands signs pact to launch Fabletics activewear brand in India

The global activewear label will debut online before opening stores in New Delhi and Mumbai, offering women's and men's ranges under its partnership with Reliance Brands.

12 Aug 2026 7:48 pm
Delhi HC seeks Meta policy on creator access to digital copyright tool

The court sought Meta's eligibility criteria for Rights Manager after a creator alleged that fraudsters had used the tool to make bogus copyright claims against his content

12 Aug 2026 7:47 pm
Indifly Invests in CGreen to Build AI-Powered Loan Resolution Infrastructure Across Bharat

New Delhi [India], August 12: The investment will strengthen CGreen's technology and on-ground capabilities, helping lenders make better-informed recovery decisions across underserved markets.

12 Aug 2026 7:45 pm
Uber expands into 100 more Indian cities, deepens push beyond major metros

The bike-taxi-led rollout spans 18 states and one Union Territory, taking Uber to 225 cities as it challenges Rapido and Ola in India's fast-growing smaller markets.

12 Aug 2026 7:43 pm
Tata Steel under Chandrasekaran: Doubling down on India, fixing Europe

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations

12 Aug 2026 7:42 pm
SC quashes Bombay HC order granting interim protection to Sunil Biyani

The apex court ruled that the High Court could not grant protection from a possible future arrest after finding Biyani's anticipatory bail application to be premature

12 Aug 2026 7:41 pm
Tata Motors Q1 profit jumps 83% on strong CV demand, flags price hikes

The commercial vehicle maker reported a net profit of Rs 2,560 crore as volumes rose 26 per cent, but commodity inflation weighed on margins and prompted price increases

12 Aug 2026 7:39 pm
NaBFID eyes $3-4 billion via ECBs in FY27, plans 10-year dollar bond issue

The infrastructure lender plans to issue $500 million-$1 billion in 10-year bonds by September-end and expects a multilateral-backed loan of nearly $1 billion

12 Aug 2026 7:37 pm
Policy support, lower costs to lift e-bus penetration to 30% by FY30: Icra

Electric buses offer lower ownership costs than diesel and CNG models, while government schemes and payment-security reforms are expected to accelerate adoption

12 Aug 2026 7:34 pm
Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecast

Foxconn expects its capital expenditure to continue growing and forecasts a 30 per cent increase in 2026 from a year earlier.

12 Aug 2026 7:32 pm
Grasim Q1 results: Profit jumps 39% to 3,846 cr, operating revenue up 21%

Grasim Industries Ltd on Wednesday reported 38.8 per cent rise in consolidated net profit at Rs 3,846.28 crore for June quarter FY27 driven by stronger operating performance across businesses.

12 Aug 2026 7:28 pm
Sebi meets mutual funds to boost participation in closing auction session

The regulator is seeking stakeholder feedback on the new auction mechanism as fund houses flag closing-price uncertainty, settlement constraints and initial operational issues

12 Aug 2026 7:15 pm
DIXON incorporates subsidiary for undertaking OEM biz

Dixon Technologies (India) is currently under the process of incorporating a subsidiary company with the name and style 'Adivistar Electronics India' wherein Dixon would be acquiring 51% equity shares comprising of 25,50,000 equity shares of Rs 10/- each.

12 Aug 2026 7:04 pm
INR stays pressured by elevated oil prices amid uncertainty surrounding Hormuz re-opening

The rupee settled just 3 paise higher at 95.33 (provisional) against the US dollar on Wednesday, as hopes of a quick US-Iran agreement and reopening of the Strait of Hormuz faded. Brent crude is moving towards USD 90 per barrel amid risk aversion in global markets. At the interbank foreign exchange, the rupee opened at 95.40 against the greenback and traded in a range of 95.24-95.43 during the session. It eventually settled at 95.33 (provisional), higher by 3 paise from its previous close. Meanw

12 Aug 2026 6:31 pm
How Tata consensus unravelled after Ratan Tata's death, leading to exit

Divisions over governance, Tata Sons' listing, the SP Group's exit and mounting business losses eroded the consensus behind Chandrasekaran's proposed third term

12 Aug 2026 6:30 pm
Exim Bank projects India's merchandise exports to grow 17.6% in Q2FY27

Non-oil exports are projected to rise 20.3 per cent to $113.8 billion, supported by geographical diversification, trade agreements and buoyant demand in partner countries

12 Aug 2026 6:28 pm
Assam floodwaters recede, but losses to homes and livelihoods still endure

Floods have displaced more than 140,000 people in Assam, damaging homes, crops and livelihoods as climate change, river flows and erosion deepen the state's vulnerability

12 Aug 2026 6:03 pm
Dhoot Transmission IPO subscribed 74.21 times

The offer received bids for 185.19 crore shares as against 2.49 crore shares on offer.

12 Aug 2026 5:58 pm
FlexiLoans Crosses Rs 3,000 Crore AUM Milestone, 70,000+ MSMEs served Across 11,000+ Locations Across India

New Delhi [India], August 12: FlexiLoans.com - India's leading MSME-focused digital NBFC, today announced that it has crossed 3,000 crore in Assets Under Management (AUM), served more than 70,000+ msmes across 11,000+ pin codes and towns in India. Notably, 62% of these borrowers are based out of Tier 2, 3 and 4 regions. Since inception, the company has processed nearly 2 crore loan applications, and cumulatively disbursed 13,000+ crore , driven by a network of 100+ active lending partners.

12 Aug 2026 5:55 pm
DDA pushes back 2041 deadline, approves Master Plan Delhi 2047

Delhi LG Taranjit Singh Sandhu on Wednesday approved the 'Delhi Master Plan 2047' aimed at a planned growth of the city, officials said. Sandhu, who headed a meeting of the Delhi Development Authority (DDA), also decided to come up with a uniform policy for redevelopment of old two-storey residential units built by the agency. With Delhi's population projected to grow significantly by 2047, the Master Plan adopts an integrated approach towards housing, economic growth, mobility, environmental su

12 Aug 2026 5:35 pm
Chandra's exit: Air India's mounting losses are the elephant in the room

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of Chandrasekaran's tenure

12 Aug 2026 5:35 pm
Over half of NCERT posts vacant, 44% of CBSE positions unfilled: Panel

A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools

12 Aug 2026 5:33 pm
AI adoption surges, but are consumer firms seeing measurable returns?

Consumer firms are reporting operational gains from AI, but evidence that these benefits are translating into higher revenue, margins or Ebit remains limited

12 Aug 2026 5:24 pm