The Economic Times

India's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit quality, assurance practices and the integration of emerging technologies. This committee, comprised of experts from finance, auditing, and tech backgrounds, aims to provide guidance on industry standards and to pinpoint new risks that require closer inspection.

At an age when most of his peers were busy playing video games, one youngster from Tamil Nadu noticed how banana leaves, one of the most invaluable ingredients for making biodegradable, eco-friendly utensils, discovered a technology which could extend the life of these utensils for upto three years. The processing of one leaf costs less than one Indian rupee.

Private players are driving significant activity across India's space sector. The nation aims to increase its global space economy share significantly. Several private companies have successfully launched rockets and satellites. Applications in agriculture and disaster management offer global service opportunities. A dedicated Space Act is still needed to address regulatory matters.

Jefferies remains bullish on Big Techs $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cloud revenue, and improving infrastructure economics support this outlook, though power shortages and regulatory delays remain potential risks for enterprise adoption.

JM Financial has initiated coverage on OnEMI Technology Solutions with a Buy rating and a target price of Rs 385, implying around 28% upside from its reference price of Rs 301. The brokerage values the stock at 2x estimated FY28 book value, citing its digital lending platform Kissht and mass-market borrower focus.

Sterlite Technologies shares hit a 5% upper circuit after unveiling ambitious FY29 growth targets, including Rs 20,000 crore revenue and global top-five positioning. The company approved Rs 3,000 crore capex to expand capacity by 50%, supported by strong optical connectivity demand, AI infrastructure growth and a record order book.

Shares of Polycab and KEI Industries fell sharply after UltraTech Cement launched its 1,800 crore wires and cables business, Ultravolt. Brokerages warned that the Aditya Birla Groups aggressive entry could trigger near-term de-rating across the cables and wires sector, although Nuvama retained Polycab and KEI as its top picks.

Paluck Technologies, Complete Sports and Management India are set to debut on the BSE SME platform today, showing sharply contrasting grey market signals.

BASF has filed a lawsuit against Apple, accusing the tech giant of patent infringement. The complaint alleges Apple's facial recognition technology violates seven trinamiX patents. BASF claims Apple incorporated this technology into several iPhone and iPad models. The company seeks unspecified damages and an injunction against further infringement. This dispute centers on technology developed over the past decade by BASF's unit.

ISRO successfully launched the 2,367-kg EOS-05 imaging satellite aboard GSLV-F17 from Sriharikota, marking its first success of 2026. The satellite, Indias first dedicated geo-orbit imaging spacecraft, will provide near real-time imagery for agriculture, disaster management and strategic applications. The mission also marked GSLVs heaviest payload to date.

Researchers have overturned a century-old physics rule about magnetic field detection. They engineered a custom quantum material to trigger the Hall effect sideways. This breakthrough allows a single chip to detect magnetic fields in multiple directions. Such innovation could simplify medical imaging and consumer electronics hardware. The discovery opens new dimensions for designing future electronic devices.

ISRO has begun the countdown for a significant satellite launch. This mission will deploy India's first imaging satellite from geosynchronous orbit. The GSLV-F17 rocket is scheduled for liftoff early on September 4. This marks the 19th flight for India's Geosynchronous Satellite Launch Vehicle. The launch will occur from the Satish Dhawan Space Centre.

Indian markets extended losses on Thursday, with the Sensex falling nearly 0.6% and the Nifty declining 0.17% as geopolitical tensions and elevated crude prices weighed on sentiment. Realty stocks outperformed, while IT stocks lagged. Heres a look at the top Nifty and Sensex gainers and losers, along with the technical outlook.

Mercedes-Benz Group CEO Ola Kallenius said India has become a key growth market and technology hub for the company, with the automaker planning to introduce many more models in the country over the coming years.

India must accelerate electric mobility, particularly for trucks and buses, to enhance energy security. The next five years are critical for major industry changes and meeting technology goals. Faster electrification of heavy vehicles is essential due to diesel dependence and import concerns. Government measures and industry collaboration will drive down costs and boost electric truck viability. India aims to become a global hub for automobile manufacturing, technology, and exports.

Set to kick off on September 7, 2026, in Delhi, the Pharma MachTech & LabNext Expo 2026 aims to position India as a center of excellence for pharma machinery and lab equipment. During this significant event, industry pioneers and entrepreneurs will seek growth opportunities while attending various conferences discussing essential topics such as reshoring and the role of MSMEs.

B2B healthcare platform expands from medical procurement to hospital technology with the launch of HospitalCloud.ai

Titan Biotech has announced its maiden 1:4 bonus issue, with one share to be issued for every four held, subject to shareholder approval. The multibagger stock has gained over 200% in a year and 100% in 2026. Heres what investors need to know about the bonus issue and eligibility.

Bengaluru-based tech professional achieved a net worth of Rs 7 crore before turning 32. His strategy involved investing early and increasing his earnings through career moves, while also experimenting with side businesses and learning new skills to create additional income. Despite travelling extensively, he prioritised experiences over material possessions. After becoming a father, he also shifted his focus towards health and well-being alongside his financial goals.

The traditional 20% threshold for defining a bear market is facing fresh scrutiny as highly volatile technology and semiconductor indexes remain sharply higher for the year despite entering bear-market territory. The SOX and KOSPI have revived debate over whether factors such as volatility, duration and economic conditions should complement the conventional measure.

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan assets after receiving US approval.

India and the European Union explored deeper cooperation in critical minerals and processing. Discussions also covered fintech and artificial intelligence advancements between the two blocs. The finance minister met with her Russian counterpart to discuss bilateral cooperation. They also reviewed regional and global economic developments and shared interests. Sitharaman further met with finance ministers from Poland, Qatar, and South Korea.

An Indian Product Manager has left his six-figure Big Tech job to explore building his own career outside the traditional corporate path. Teja, who quit on July 31, said six years of building someone elses vision and watching AI transform work convinced him that 2026 offers more ways to earn a living. He is now documenting an uncertain new chapter.

Homebuyers of stalled Supertech projects are concerned about construction delays. NBCC took over these projects nearly two years ago, but progress remains minimal. The National Company Law Appellate Tribunal sought a status report on the ongoing construction work. Homebuyers oppose NBCC's application for rule relaxation, fearing quality and timeline impacts. The tribunal also directed the release of unpaid salaries for Supertech employees.

The government has announced new exemptions for high-tech companies, allowing them to bypass BIS certification to streamline the setup of manufacturing units in India. Concerns were raised by Japanese semiconductor companies over certification hurdles for components. This strategy is designed to ensure rapid availability of equipment, supporting the overarching goals of the Make in India initiative.

The NCLAT has ordered the Supertech committee to file a status report within two weeks. This report will detail construction commencement and work awarding for sixteen NBCC-managed projects. Homebuyers had complained about significant delays beyond previously established timelines. The tribunal also directed the committee to address unpaid employee salaries for three months. The next hearing for this matter is scheduled for September 14, 2026.

HDFC Bank shares remain under pressure, falling nearly 30% so far this year as investors assess the lenders CEO succession process. Technical analysts see a weak trend, with key support around Rs 710 and resistance near Rs 750-780, while Jefferies has identified several potential internal and external candidates for the top job.

Credo Technology delivered strong Q1 growth and beat earnings expectations, but shares fell as investors demanded bigger surprises. AI demand remains strong, while margins and growth sustainability stay under scrutiny.

Having an extremely high paying job can be detrimental for your ambitions. Taking to X, a tech professional based in Bemgaluru explained why and how earning over Rs 2 lakh per month can be 'dangerous' after the initial phase of triumph and excitement. After a few years, earning a monthly salary so high can become dangerous for people as it stifles their ambitions.

Electronic companies can now import select high-value components temporarily. This move follows industry requests for imports until local production scales up. The government is considering similar measures for smartphone components like displays. Inner-grooved copper tubes and compressors have specific import quotas and deadlines. This policy shift aims to balance local manufacturing growth with supply chain needs.

A 31-year-old Bengaluru software developer has reportedly declined a Rs 20 lakh salary increase that would have taken his annual pay from Rs 45 lakh to more than Rs 65 lakh. According to UAbility founder Rohan Dhawan, the promotion would have brought late-night calls, travel, a larger team and less personal time. His decision has prompted professionals online to debate money, family and career priorities.

Faridabad-based auto-parts maker Victura Technologies is considering an India IPO that could raise up to $300 million through fresh shares and an offer for sale. The company has held preliminary talks with investment banks and may appoint advisers soon. The potential listing comes amid growing interest in Indias auto-components sector.

Japans Nikkei slipped 0.2% on Tuesday as investors rotated out of heavyweight technology and AI-linked stocks amid rising government bond yields and elevated oil prices. The broader Topix gained 0.5%, with auto and utility stocks supporting the market, highlighting a shift in sector leadership.

The Rs 135.73-crore IPO was offered at a price of Rs 53 per share. The issue comprised a fresh issue of 1.13 crore shares worth Rs 60 crore and an offer for sale (OFS) of 1.43 crore shares aggregating to Rs 75.73 crore.

Indian equity markets ended lower on August 31, responding to prevailing global economic dynamics. A modest decline in the Nifty50 index brought it below essential moving averages. Key corporate updates emerged, including major merger announcements and buyback initiatives from Happiest Minds Technologies and PVR INOX. Milky Mist Dairy showed remarkable profit growth, whereas E2E Networks secured a vital contract.

ITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-first enterprise with a substantial turnover by FY28. ITC Infotech is acquiring a significant stake from Happiest Minds promoters as a precursor. The combined entity will become India's eleventh largest listed IT services player by revenue. Upon completion, the merged company is proposed to be listed on Indian stock exchanges.