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Business News

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25 Aug 2026
TL;DR

Kospi drops 1.96% as semiconductor stocks fall before NVIDIA earnings

South Korea's Kospi fell nearly 2%, led by declines in Samsung Electronics and SK Hynix, as investors grew cautious ahead of Nvidia's earnings report on AI profitability.

25 Aug 2026
TL;DR

Larsen & Toubro wins ₹5,000-10,000 cr Middle East battery deal

Larsen & Toubro (L&T) has bagged a ₹5,000-10,000 crore order to develop three battery energy storage system (BESS) projects in the Middle East with a combined capacity of 6 GWh.

25 Aug 2026
TL;DR

India's 10-year yield hardly moves as oil drops to $92

Indian bonds opened steady at a 10-year yield of 6.8722%, as investors eyed Brent crude price movements following US sanctions on Iran for potential inflation impacts.

25 Aug 2026
TL;DR

Marriott aims to make India its 2nd largest market worldwide

Marriott International anticipates India surpassing China and Mexico to become its second-largest global market within 3-4 years, driven by rapid expansion.

25 Aug 2026
TL;DR

Union Bank of India returns with $600m in dollar bonds

Union Bank of India raised $600 million through its first public U.S. dollar bond sale in over 12 years, issuing three-year and five-year notes at competitive interest rates.

25 Aug 2026
TL;DR

Sumax Engineering SME IPO opens at ₹95-₹101, closing Aug 28

Sumax Engineering's SME IPO opened today on the NSE SME platform, with a price band of Rs 95–Rs 101 per share and a grey market premium indicating a potential 32% listing gain.

25 Aug 2026
TL;DR

ESDS Software Solution IPO set at ₹408-₹429, opens Aug 28

The ESDS Software Solution IPO price band is set at ₹408-₹429 per share, with subscriptions open from 28 August to 1 September and shares listing on 4 September.

25 Aug 2026
TL;DR

ET summit leaders discuss AI and hubs beyond Bengaluru

The ET Business Growth Summit in Bengaluru spotlighted AI's role, entrepreneurial strategies, and business scalability amid evolving global opportunities and challenges.

25 Aug 2026
TL;DR

Indian rupee opens at 95.73 as oil rebounds above $93

The rupee opened at 95.73 per US dollar on Tuesday, slightly stronger than Monday's close of 95.75, as the RBI is expected to intervene to ease currency pressures.

25 Aug 2026
TL;DR

Tata Consultancy Services aims for €1 billion from Porsche-MHP deal

TCS CEO K Krithivasan highlights the strategic acquisition of MHP, aiming to expand in Europe and capitalize on automotive digital transformation opportunities.

25 Aug 2026
TL;DR

Reliance Industries to use Andhra Pradesh coal for aluminum

Mukesh Ambani's Reliance Industries is exploring entry into aluminium production, potentially setting up competition with Gautam Adani's recent $11.5 billion investment.

25 Aug 2026
TL;DR

Indian family offices ramp up pre-IPO investments joining SBI Funds

Family offices in India are increasingly participating in mega IPO pre-placements, leveraging their ability to write large cheques and conduct thorough due diligence.

25 Aug 2026
TL;DR

India growth expected to slow to 7.1% in April-June 2026

India's GDP growth slowed to 7.1% in April-June, down from 7.8% last quarter, as subdued private investment offset gains from consumer spending and government expenditure.

25 Aug 2026
TL;DR

Annu Projects Limited opens IPO today seeking 175.06cr priced ₹94-99

Annu Projects Limited, a diversified EPC company, is launching its ₹175.06 crore IPO from August 25-28, priced at ₹94-₹99 per share with a market lot of 151 shares.

25 Aug 2026
TL;DR

Nifty 50 set to open lower amid Iran transit threat

Indian equity benchmarks are expected to open in the red on Tuesday, as GIFT Nifty signals a weak start amid mixed global cues and persistent concerns over crude oil prices.

25 Aug 2026
TL;DR

Unitree's Shanghai STAR Market debut surges 460% then plunges 45%

Unitree, a leading Chinese robot maker, saw its shares plummet 45% after a blockbuster IPO, sparking fears of market bubbles and flaws in China's listing mechanisms.

25 Aug 2026
TL;DR

EPFO allows NRIs moving abroad to withdraw EPF early

NRIs can withdraw their EPF corpus before turning 58 if relocating permanently abroad. The balance earns interest even though further contributions are not allowed as an NRI.

25 Aug 2026
TL;DR

Bitcoin hits $80,908 after 23% weekly surge highest since May

Bitcoin surged past $80,000 for the first time since May, fueled by a weaker dollar and renewed optimism following US Treasury bond buyback plans and legislative support signals.

25 Aug 2026
TL;DR

Sigma Advanced Systems wins ₹1,600cr Rolls-Royce aero-engine contract via Bromford

Sigma Advanced Systems has signed a £125 million (Rs 1,600 crore) contract with Rolls-Royce, expanding their aerospace manufacturing partnership.

25 Aug 2026
TL;DR

Hyundai and union reach tentative wage deal after decade's strike

Hyundai Motor and its workers' union reached a tentative agreement on wages and bonuses following the automaker's first full-day strike in a decade, impacting 40,000 employees.

25 Aug 2026
TL;DR

Sunshine Pictures IPO lists on BSE and NSE priced ₹342-₹360

Sunshine Pictures shares debut today on BSE and NSE, with a 14% grey market premium indicating strong listing gains over the IPO price band of Rs 342–360 per share.

25 Aug 2026
TL;DR

Bitcoin tops $80,000 1st time since May after Treasury moves

Bitcoin surged past $80,000 for the first time since May, driven by renewed investor demand and falling Treasury yields boosting broader crypto recovery momentum.

25 Aug 2026
TL;DR

India's auction-based stock-price system faces 1st options test August 25

India's new auction-based stock price system, launched in August, faces its first monthly derivatives expiry amid concerns over sharp price swings and manipulation risks.

25 Aug 2026
TL;DR

Blinkit pauses new launches from Aug 31 to Nov 10

Blinkit will halt new product launches from August 31 to November 10, ensuring efficient warehouse management as quick commerce gears up for India's festive season rush.

25 Aug 2026
TL;DR

India's late semiconductor start could leapfrog with new chip technologies

India's late entry into semiconductor manufacturing aligns with emerging technologies, offering a unique opportunity to surpass established global players.

25 Aug 2026
TL;DR

Electric motorcycle startup Matter Motor Works raises 240cr, nears 1,000cr

Electric motorcycle startup Matter Motor Works secured $25 million from existing investors, bringing total funding to Rs 1,000 crore and plans to launch four new models soon.

25 Aug 2026
TL;DR

Meiji Seika, Serum Institute to bring JE vaccine to India

Meiji Seika Pharma partners with Serum Institute of India to launch an affordable Japanese Encephalitis vaccine, leveraging India's low-cost manufacturing capabilities.

25 Aug 2026
TL;DR

EY attributes India private credit slump to Shapoorji Group refinancing

India's private credit market recorded $3.5 billion across 102 deals in H1 2026, marking a significant drop from $9 billion in H1 2025 due to a high base effect.

25 Aug 2026
TL;DR

Oura plans September 2026 US IPO seeking over $16B valuation

Oura, the smart ring maker, is reportedly planning a U.S. IPO next month, targeting a valuation exceeding $16 billion after its rapid growth in the wearables market.

25 Aug 2026
TL;DR

US considers 7.5% China tariff before possible Trump Xi meeting

The US is considering a 7.5% tariff on Chinese imports to address industrial overcapacity and cheap exports, aiming to avoid disrupting the fragile US-China trade truce.

25 Aug 2026
TL;DR

Nadda outlines India's $1 trillion chemicals industry target by 2040

India aims to expand its chemicals sector to $1 trillion by 2040, with the government fostering investments, innovation, and domestic manufacturing through an enabling ecosystem.

25 Aug 2026
TL;DR

Haryana secures ₹66,000cr MoUs as CM Saini vows speed

Haryana signed MoUs worth ₹66,000 crore during the Happening Haryana 2.0 campaign in Mumbai, emphasizing strategic partnerships and district-specific growth plans.

25 Aug 2026
TL;DR

TCS to buy Porsche subsidiary MHP Management for $373 million

TCS will acquire Porsche's consulting subsidiary MHP for $373 million, alongside a $1.4 billion five-year strategic partnership focused on AI-driven automotive transformation.

25 Aug 2026
TL;DR

Trump bought up to $50,000 in SpaceX shares, now $135

President Donald Trump purchased up to $50,000 in SpaceX stock on June 23, 2026, two weeks after the company’s record-breaking IPO and subsequent share price drop.

25 Aug 2026
TL;DR

Zillow and Redfin settle antitrust case with FTC, 5 states

Zillow and Redfin resolved an FTC lawsuit over their 2025 partnership, accused of stifling competition in the rental-listing market, through a settlement announced Monday.

25 Aug 2026
TL;DR

India secures $73 billion forex inflows in under 11 weeks

India has secured $73 billion in foreign exchange inflows within 11 weeks, surpassing the RBI's 2013 FCNR(B) scheme and marking the fastest global foreign-currency mobilisation.

25 Aug 2026
TL;DR

India regulator recommends waivers for twice yearly lenacapavir injection trials

India's drug regulator has granted waivers for local trials, allowing Dr Reddy's and Emcure Pharmaceuticals to manufacture lenacapavir, a twice-yearly injection for HIV prevention.

25 Aug 2026
TL;DR

Indian banks face surge in FCNR(B) deposits to $90-$100bn

Strong FCNR (B) deposit inflows have led analysts to revise estimates, with Jefferies projecting mobilization to reach $90-100 billion by August 31, surpassing earlier predictions.

25 Aug 2026
TL;DR

Meesho tax disputes triple to 2071.8cr, rectification and appeal filed

E-commerce firm Meesho reported a threefold surge in tax disputes to ₹2,072 crore in FY26, with ₹1,500 crore added due to revised taxable income assessments.

25 Aug 2026
TL;DR

PPPAC gives in-principle approval for 8622cr private airport upgrades

India plans to privatize 11 airports through five bundles, requiring ₹8,622 crore in investments under 50-year concessions to boost infrastructure and capacity.

25 Aug 2026
TL;DR

IDFC FIRST Bank sells $350 million 5-year bonds at 5.8% interest

IDFC FIRST Bank has raised $350 million through five-year senior notes at a 5.8% coupon, marking its second international bond issuance in August, totaling $950 million.

25 Aug 2026
TL;DR

Publicis Sapient CEO Vaz: India may gain global AI advantage

India's robust software and tech services sector positions it to excel in AI applications, says Nigel Vaz, CEO of Publicis Sapient, advocating a two-speed strategy.

25 Aug 2026
TL;DR

Donald Trump invested up to $50,000 in SpaceX stock

U.S. President Donald Trump invested up to $50,000 in Elon Musk’s SpaceX in June, according to a financial disclosure made public on August 22.

UPI completes 10 years: How India's payments revolution took off

The Unified Payments Interface (UPI), India's revolutionary digital payment system, has completed a decade of operation.

24 Aug 2026
Indian Government

You can now export wheat flour from India again

The Indian government has lifted the export ban on wheat flour and related products with immediate effect.

24 Aug 2026
Amazon

Selling goods on Amazon and Flipkart has become costlier

Amazon and Flipkart have raised their seller fees ahead of the festive season.

Tempsens IPO closes today as GMP crosses 100%

The initial public offering (IPO) of Tempsens Instruments has garnered strong investor interest on its third and final day of bidding.

24 Aug 2026
Indian Government

India's rare-earth magnet plan might not meet future demand

The Indian government has announced an $800 million plan to produce high-strength neodymium-iron-boron (NdFeB) magnets.

24 Aug 2026
Iran

Iran's currency nears 2M to a dollar as pressure mounts

Iran's currency, the rial, is on a downward spiral, nearing the unofficial market rate of two million to a US dollar.

24 Aug 2026
Air India

Air India, IndiGo, SpiceJet issue advisories for Delhi passengers

Air India, IndiGo, and SpiceJet have issued travel advisories for passengers due to adverse weather conditions in Delhi.

24 Aug 2026
Haryana

Godrej to invest ₹20,000cr in Haryana, create 40,000 jobs

Godrej Industries Group has signed a Memorandum of Understanding (MoU) with the Haryana government to invest ₹20,000 crore in the state.

24 Aug 2026
California

Warner Bros merger: California's AG cancels meeting with Paramount

California's Attorney General Rob Bonta has canceled a meeting with Paramount Skydance executives today, The New York Times reported.

24 Aug 2026
Alibaba Group

Alibaba shares crash after $10B AI fundraising plan

Alibaba's shares plunged nearly 11% on Monday after the Chinese tech giant announced a massive HK$80 billion ($10.2 billion) share placement to fund its artificial intelligence (AI) expansion.

24 Aug 2026
Iran

Gold prices surge to 3-month high

Gold prices have surged to their highest level in over three months, reaching over $4,641 per ounce.

24 Aug 2026
Tata Sons

Selection process for next Tata Sons chairman is now underway

The Sir Dorabji Tata Trust (SDTT) has begun the process of forming a selection committee to recommend the next chairman of Tata Sons, as per Moneycontrol.

This renewable energy firm is planning $800M IPO in India

Avaada Electro, the solar manufacturing division of Avaada Group, is gearing up for an initial public offering (IPO) that could raise as much as $800 million, as per Bloomberg.

24 Aug 2026
MeitY

Modi government reopens AI vendor empanelment: Why it matters

The Ministry of Electronics and Information Technology (MeitY) has reopened its empanelment process for agencies providing artificial intelligence (AI) and machine learning (ML) manpower and project support to the government.

24 Aug 2026
Perplexity

NVIDIA might invest in AI start-up Perplexity at $30B valuation

NVIDIA is considering an investment in AI start-up Perplexity, The Information reported.

24 Aug 2026
NVIDIA

SoftBank plans record $6.3B bond issue to fund AI investments

SoftBank Group, the Japanese technology investor, has announced its plan to issue ¥1 trillion ($6.29 billion) worth of seven-year corporate bonds.

24 Aug 2026
Delhi High Court

Bank unions announce nationwide strikes over 5-day work week, PLI

The United Forum of Bank Unions (UFBU), an umbrella group of major bank employee and officer unions, has called for nationwide strikes.

Skyways Air IPO launches with 23% GMP: Apply or avoid?

Skyways Air Services, a leading air freight forwarding and logistics company based in Delhi, has launched its initial public offering (IPO) today. The issue will close on August 27.

24 Aug 2026
Adani Group

GMR plans $2B expansion at Delhi and Hyderabad airports

GMR Airports, a leading player in India's aviation sector, has announced plans to invest nearly $2 billion (approximately ₹19,400 crore) in the expansion of its New Delhi and Hyderabad airports.

SHEIN launches IPO at $27B valuation, 70% below peak

Fast fashion giant SHEIN has launched its initial public offering (IPO) in Hong Kong, aiming to raise HK$13.86 billion ($1.77 billion).

24 Aug 2026
Chennai

Centre launches 'Kanda Express' as onion prices rise 45%

The Indian government will launch "Kanda Express" from Monday, a special train service to transport onions from Maharashtra's buffer stock to major consumption centers.

EPFO members should complete 10-year service for monthly pension benefits

The Employees' Provident Fund Organisation (EPFO) has warned its eligible members to complete a mandatory 10-year service period.

23 Aug 2026
Japan

Piyush Goyal to lead India's largest business delegation to Japan

Union Minister for Commerce and Industry, Piyush Goyal, will head a 200-member business delegation to Japan from August 24-27.

23 Aug 2026
Mexico

India-Mexico trade pact nearing completion

The Terms of Reference (ToR) for a potential trade pact between India and Mexico are "almost finalized," government sources have said.

23 Aug 2026
Delhi High Court

Why Urban Company has sued Kent RO

Urban Company has filed a defamation and disparagement suit against Kent RO Systems in the Delhi High Court.

This hospitality chain is planning ₹1,000cr IPO by December

Pride Hotels, a leading hospitality chain, is gearing up for its initial public offering (IPO) by December.

23 Aug 2026
Brazil

Commerce Secretary to visit Latin America, focus on trade ties

Commerce Secretary Rajesh Agrawal will be visiting Latin America from August 24 to 28.

23 Aug 2026
Blinkit

Flipkart Minutes closing in on Instamart's scale

Walmart-owned Flipkart is giving established players like Swiggy Instamart, Blinkit, and Zepto a run for their money in the quick-commerce space.

23 Aug 2026
Anthropic

New York surpasses San Francisco as US's top tech hub

New York City has outpaced San Francisco as the leading hub for tech talent in the US, according to CBRE.

23 Aug 2026
SpaceX

SpaceX expands supply chain team in India amid Starlink delay

Elon Musk's SpaceX is expanding its supply chain team in India, despite the commercial launch of Starlink being stalled by pending security clearances.

23 Aug 2026
Alibaba Group

Alibaba to raise $10B via share sale for AI purposes

Chinese e-commerce and cloud computing giant Alibaba has announced plans to raise HK$80 billion (around $10.2 billion) through a share placement.

23 Aug 2026
Foreign Investment

FPIs invest over ₹23,500cr in Indian equities this August

Foreign portfolio investors (FPIs) have made a major investment in Indian equities this month, pumping in ₹23,544 crore so far.

23 Aug 2026
State Bank of India (SBI)

SBI's total business to reach ₹200L crore by 2030

State Bank of India's (SBI) total business could double to ₹200 lakh crore by 2030, Chairman C S Setty has said.

23 Aug 2026
Bharti Airtel

Market cap of India's top 4 firms down ₹87,960cr

Four of India's top 10 companies witnessed a massive erosion of ₹87,960 crore in their market capitalization last week.

AI creating more jobs than destroying them in India

A recent report by Nomura has revealed that artificial intelligence (AI) is creating more jobs than it is destroying in India.

23 Aug 2026
Starbucks

Starbucks India wants to match scale of Chinese outlets

Starbucks India, in partnership with Tata Consumer Products Ltd (TCPL), is gearing up to resume its aggressive store expansion strategy.

23 Aug 2026
Visakhapatnam

Andhra Pradesh greenlights ₹31,400cr AI data center in Visakhapatnam

The Andhra Pradesh government has approved the establishment of a 512MW green integrated artificial intelligence (AI) data center in Visakhapatnam district.

23 Aug 2026
Indian Government

How Modi government plans to help local chip firms grow

The Indian government is working on a plan to help local semiconductor chip firms negotiate better terms with global foundries.

23 Aug 2026
Reserve Bank Of India (RBI)

Indian banks to remain closed on these days next week

Public and private sector banks across India will observe several holidays next week.

23 Aug 2026
India

India-US trade deal 'almost' finalized in principle: Sergio Gor

The India-US trade agreement is "almost" finalized in principle, according to US Ambassador to India Sergio Gor.

23 Aug 2026
SpiceJet

Why Cochin airport has accused SpiceJet of spreading misinformation

Cochin International Airport Limited (CIAL) has accused SpiceJet of spreading misinformation over flight disruptions at the airport.

23 Aug 2026
Donald Trump

Donald Trump made securities trades worth $263M in June

US President Donald Trump made over 1,000 securities trades in June alone.

22 Aug 2026
Lenskart

SoftBank to sell 2.6% stake in Lenskart for $300M: Report

SoftBank Vision Fund II Lightbulb Cayman is planning to sell up to a 2.6% stake in Lenskart, people familiar with the matter told CNBC-TV18.