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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

31 Aug 2026
PhonePe

You can now use PhonePe for payments on feature phones

PhonePe has launched a new service, UPI 123Pay, to enable feature phone users to make Unified Payments Interface (UPI) payments without an internet connection.

31 Aug 2026
TL;DR

India's ISM 2.0 gets 1.27L/cr budget, expected 5-7L/cr investment

India's revamped semiconductor incentive scheme, ISM 2.0, could attract ₹5-7 lakh crore in investments, bolstered by expanded scope and advanced technology initiatives.

31 Aug 2026
TL;DR

NVIDIA invests $3.5 billion in MediaTek to expand AI partnership

Nvidia's $3.5 billion investment in MediaTek convertible bonds strengthens their AI collaboration, focusing on custom computing platforms, automotive systems, and AI-enabled PCs.

31 Aug 2026
TL;DR

Mahindra Aerostructures wins Airbus contract for A320neo and A321XLR sections

Mahindra Aerostructures will manufacture fuselage skins for Airbus A320neo and A321XLR aircraft, with production at its Bengaluru facility and delivery slated for 2028.

31 Aug 2026
TL;DR

E2E Networks signs 1000cr deal to supply NVIDIA Blackwell GPUs

E2E Networks has signed a ₹1,000 crore term sheet with an Indian sovereign AI company to provide NVIDIA Blackwell cloud GPUs and allied services until June 2029.

31 Aug 2026
TL;DR

India GFCF surges 11.9% in Q1FY27, fastest over 3 years

India's gross fixed capital formation (GFCF) rose 11.9% year-on-year in Q1FY27, driven by robust public and private sector investments, marking the highest growth in 13 quarters.

31 Aug 2026
TL;DR

Myntra showcases AI, Glamstream and M-Now at Tech Threads 2026

Myntra Tech Threads 2026 united top brands, creators, and tech leaders to redefine India’s fashion, beauty, and lifestyle commerce through cutting-edge innovations.

31 Aug 2026
TL;DR

Skyways Air Services IPO Tuesday likely to open 22%-26% higher

Skyways Air Services shares are expected to list at a 22-26% premium over their IPO price tomorrow, following robust demand with the IPO subscribed 71.25 times.

31 Aug 2026
TL;DR

Michael Saylor's strategy buys 4,603 bitcoin for $369.7 million Monday

Strategy, led by Michael Saylor, acquired 4,603 bitcoin worth $369.7 million last week, marking its first purchases since June and funded through $602.8 million in stock sales.

31 Aug 2026
TL;DR

India PE and VC funding rises 52% to $4.1B

India’s private equity and venture capital investments rose 52% month-on-month to $4.1 billion in July 2026, driven by large deals and robust sector-wise activity.

31 Aug 2026
TL;DR

Milky Mist posts over 1,000% profit ₹64.5cr revenues up 45%

Milky Mist Dairy Food Ltd reported a staggering 1,000% YoY jump in Q1FY26 net profit to Rs 64.5 crore, with revenue rising 45% to Rs 973 crore.

31 Aug 2026
TL;DR

Adobe $4B+ Saudi ministry, Humain deal grants 27 million AI access

Adobe will provide 27 million Saudi citizens free access to its AI-powered tools, including culturally tuned image generation, under a $4 billion partnership with local entities.

31 Aug 2026
TL;DR

Kotak seeks RBI nod for Anup Saha and Paritosh Kashyap

Kotak Mahindra Bank has proposed Anup Saha and Paritosh Kashyap as potential successors to CEO Ashok Vaswani, whose term concludes on December 31, 2026, sources revealed.

31 Aug 2026
TL;DR

ICICI Bank nears HDFC Bank in India's market value race

ICICI Bank is rapidly closing the market-cap gap with HDFC Bank, shrinking it to ₹49,167 crore from ₹4.17 lakh crore following leadership uncertainties at HDFC Bank.

31 Aug 2026
Apple

Who is John Ternus, Apple's new CEO after Tim Cook?

Tim Cook, the long-serving CEO of Apple, is stepping down from his position on September 1.

31 Aug 2026
TL;DR

Bitcoin falls to $76,871 after Kevin Warsh's Jackson Hole remarks

Bitcoin fell below $80,000 following hawkish comments from Fed Chair Kevin Warsh, raising rate hike concerns and cooling risk-on sentiment in the cryptocurrency market.

31 Aug 2026
TL;DR

India's economy grows 7.8% in Q1 FY27, nominal GDP 10.3%

Finance Minister Nirmala Sitharaman credited NDA reforms and agile economic management for India’s 7.8% real GDP growth in April-June, surpassing RBI's 7% forecast.

31 Aug 2026
TL;DR

Piyush Goyal seeks BIS framework for Japanese firms in India

Japanese manufacturers in India face challenges with mandatory BIS certification under QCOs, citing delays and costs. Minister Goyal proposes easing rules for high-tech industries.

31 Aug 2026
TL;DR

Kudumbashree Onam markets from 14 districts generate ₹10.07cr sales

Keralam’s Kudumbashree achieved a record ₹10.07 crore turnover from Onam vegetable and flower sales, benefiting over 33,000 women farmers through its initiatives.

31 Aug 2026
TL;DR

InCruiter survey: Demand for AI talent rises 30% in India

Demand for AI-related talent in India has grown 30% since last year, driven by employers seeking professionals who can apply AI to solve real-world business challenges.

31 Aug 2026
LPG Cylinder

Financial changes from September 1

Starting September 1, a number of key financial changes will come into effect.

31 Aug 2026
TL;DR

VerSe Innovation launches SparkStation AI, cuts brand film costs

VerSe Innovation unveils SparkStation, an AI-powered platform promising to slash video production costs and improve consistency across scenes with advanced orchestration.

India's GDP grows 7.8% in Q1 FY27, beats expectations

India's economy grew by 7.8% in the April-June quarter of FY2026-27, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) today.

31 Aug 2026
TL;DR

Crop prices see largest monthly jump since 2012 in August

Global crop prices are experiencing their steepest monthly rise since 2012, driven by Black Sea conflicts disrupting exports and extreme weather fueled by a strengthening El Niño.

31 Aug 2026
TL;DR

India's April to July deficit 4.55L/cr about 26.8% FY27 target

India's fiscal deficit reached ₹4.55 lakh crore by July, 26.8% of the FY27 target, while total government expenditure rose to ₹17.6 lakh crore from ₹15.6 lakh crore last year.

31 Aug 2026
TL;DR

Indian rupee ends at 95.17 after possible RBI intervention

The Indian rupee rose 26 paise to settle at 95.17 against the US dollar on Monday, supported by suspected RBI intervention and strong forex inflows under the FCNR(B) scheme.

31 Aug 2026
TL;DR

FSSAI flags Old Monk labeling and production, Maharashtra sales halted

Mohan Meakin, the maker of Old Monk rum, will revise its bottle labels following FSSAI's concerns over ageing claims and the use of artificial flavourings in its products.

31 Aug 2026
TL;DR

MapmyIndia and ClarityX launch Geo-FI to aid lending in India

MapmyIndia and ClarityX have introduced Geo-FI, India's first geo-intelligence platform, leveraging AI and location data to optimize lending decisions and collections.

31 Aug 2026
TL;DR

Nifty Bank up 600+ points in CAS after MSCI rebalancing

Monday's Closing Auction Session (CAS) saw Nifty Bank soar over 600 points, settling above 58,000, driven by MSCI rebalancing and significant price movements in key banking stocks.

31 Aug 2026
TL;DR

India's economy grows 7.8% in April-June FY27, beating forecasts

India's GDP grew 7.8% in Q1 FY27, driven by strong consumption and government capital spending, defying inflationary pressures and disruptions from the ongoing US-Iran conflict.

31 Aug 2026
TL;DR

European stocks dip as Brent jumps on U.S.-Iran tensions

European shares opened lower as U.S.-Iran military strikes drove oil prices above $90 per barrel and lifted bond yields, heightening inflation concerns and investor caution.

31 Aug 2026
TL;DR

Report says AI could fuel Indian IT growth from FY27

Indian IT services could witness a multi-year growth cycle starting FY27 as global enterprises shift focus from AI infrastructure building to deployment, according to Anand Rathi.

31 Aug 2026
TL;DR

ICICI Prudential Mutual Fund launches 3 life cycle funds

ICICI Prudential Mutual Fund has introduced three open-ended life-cycle funds with predefined equity-to-debt allocation shifts as their target years approach.

31 Aug 2026
TL;DR

IOC boosts LPG production nearly 30% amid West Asia conflict

Indian Oil Corporation increased LPG production by 30% and diversified crude sourcing as disruptions in the Strait of Hormuz tested India's energy supply resilience.

31 Aug 2026
Inflation

Gold falls ₹2,600, silver drops ₹4,200: What's driving the sell-off?

Gold and silver prices have witnessed a sharp decline of up to 2% in early deals on the Multi Commodity Exchange (MCX) today. The fall comes amid profit-taking and weak global cues.

31 Aug 2026
TL;DR

HDFC Bank seeks headhunter as Sashidhar Jagdishan steps down

HDFC Bank is accelerating efforts to appoint a new CEO by engaging a search firm, following incumbent Sashidhar Jagdishan's decision to step down by October 26.

31 Aug 2026
TL;DR

September 1 rule changes affect taxpayers, LPG users and banks

Starting September 1, LPG prices, bank charges, and tax deadlines will see updates. Consumers must also complete Aadhaar-based e-KYC for domestic LPG by August 31.

31 Aug 2026
Hong Kong

This city has the most number of billionaires in Asia

The global billionaire population has seen its fastest growth since 2020, driven largely by the artificial intelligence (AI) boom.

31 Aug 2026
Personal Finance

NPS charges changing from October 1: How it affects subscribers

The Pension Fund Regulatory and Development Authority (PFRDA) has announced a revision in the charge structure for Point of Presence (PoP) channels under the National Pension System (NPS).

31 Aug 2026
Zomato

Zomato won't show you fake dairy dishes anymore

In a major move, Zomato has announced a zero-tolerance policy against the sale of analog dairy dishes on its platform in India.

31 Aug 2026
Indian Government

Guidelines for Semicon 2.0 scheme notified: How it affects businesses

The Indian government has notified the detailed framework for its Semicon 2.0 scheme, which aims to boost the country's semiconductor ecosystem.

31 Aug 2026
TL;DR

Infosys shares drop nearly 3% despite CFO's upbeat AI outlook

Infosys shares fell nearly 3% on August 31, despite the CFO's positive outlook on AI services, which Nomura estimates could drive significant growth opportunities by 2030.

31 Aug 2026
TL;DR

E2E Networks approves up to ₹1,500cr raise for AI infrastructure

E2E Networks’ board has approved raising up to ₹1,500 crore through QIP, rights issue, or FPO to expand its cloud and AI infrastructure amid surging demand from the AI ecosystem.

31 Aug 2026
TL;DR

Bank of India Mutual Fund starts NFO for value fund

Bank of India Mutual Fund has introduced the Value Fund, an equity scheme employing a value investment strategy across market capitalisations and sectors.

31 Aug 2026
TL;DR

Hy-Tech Engineers IPO oversubscribed 244.41 times, lists September 1

Hy-Tech Engineers shares are set to debut on 1 September, with a grey market premium (GMP) of ₹42 signaling a potential 79.25% listing gain over the IPO price of ₹53.

31 Aug 2026
TL;DR

China and HK stocks slip on weak data, housing reforms

Chinese and Hong Kong stocks fell as weak economic data underscored a fragile recovery, while reforms to the housing presale system triggered a sharp selloff in property shares.

31 Aug 2026
TL;DR

Ola Electric shares jump 8% on Monday after S1Z launch

Ola Electric shares soared 8% after unveiling the S1Z scooter range, supported by a Rs 95.8-crore PLI incentive and growing demand in the electric two-wheeler market.

31 Aug 2026
TL;DR

Supreme Court orders Jet Airways pay ₹476cr to former staff

The Supreme Court upheld the NCLAT order directing ₹476 crore in provident fund and gratuity dues to Jet Airways employees, dismissing SBI's appeal against the decision.

31 Aug 2026
TL;DR

Singapore to invest S$220 million in fintech under FSTI 4.0

Singapore will invest $172.83 million over three years under its FSTI 4.0 initiative to enhance fintech innovation, infrastructure, and talent in its competitive financial sector.

31 Aug 2026
TL;DR

Julius Mugabo sues Transport for London over license delays

An Uber driver is suing Transport for London in the high court, alleging severe financial hardship caused by delays in renewing his private hire licence.

31 Aug 2026
TL;DR

Symbiotec Pharmalab IPO oversubscribed ahead of Indian Tuesday listing

Symbiotec Pharmalab shares are set to debut on 1 September, with a grey market premium of ₹203 suggesting a potential listing price above the IPO price of ₹988.

31 Aug 2026
TL;DR

Paytm's AI-first approach drives FY27 start to ₹2,448cr revenue

Paytm's Q1 FY27 results highlight how Vijay Shekhar Sharma's early adoption of AI has boosted revenue, slashed technology costs, and paved the way for new business opportunities.

31 Aug 2026
TL;DR

China unveils new property rules to protect buyers, mitigate risk

China introduces stricter property regulations, emphasizing completed homes and limiting presale funding, aiming to protect buyers and stabilize its struggling real estate market.

31 Aug 2026
Ather Energy

Ather Energy stock hits record high, brokerages turn bullish

Ather Energy's stock has witnessed a remarkable surge, rising by 4% to a new high of ₹1,679 today.

31 Aug 2026
TL;DR

Ashwini Vaishnaw announces Semicon 2.0 will train 100,000 more engineers

India aims to develop an additional one lakh semiconductor engineers under Semicon 2.0, focusing on talent, chip design, manufacturing, and R&D to strengthen its ecosystem.

31 Aug 2026
TL;DR

PFRDA starts ₹200 NPS onboarding fee from October 1, 2026

PFRDA has updated the charge framework for NPS and NPS Lite subscribers, introducing onboarding fees and annual charges effective October 1, 2026.

31 Aug 2026
TL;DR

Axis Mutual Fund launches Shagun SIP for gold, silver investment

Axis Mutual Fund introduces Shagun SIP, a digital investment feature enabling investors to systematically accumulate up to 25 kg of gold and 50 kg of silver in grams.

31 Aug 2026
TL;DR

Ather Energy stock rises to ₹1,679 after Konarc launch

Ather Energy shares soared 4% to Rs 1,679 after launching its mass-market electric scooter, Konarc, with brokerages projecting significant growth and maintaining a bullish outlook.

31 Aug 2026
TL;DR

Maruti Suzuki to invest ₹77,500cr for capacity expansion, new models

Maruti Suzuki India has increased its five-year capital expenditure plan to Rs 77,500 crore, focusing on capacity expansion, new models, and carbon-neutral manufacturing.

31 Aug 2026
Bombay Stock Exchange (BSE)

Why Zee Entertainment shares crashed 14% today

Zee Entertainment witnessed a massive fall in its share price on Monday.

Pernia's Pop-Up Shop IPO now open: Should you subscribe?

Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has launched its initial public offering (IPO) today.

31 Aug 2026
SpiceJet

SpiceJet wants more time to pay ₹50cr to Kalanithi Maran

SpiceJet, the cash-strapped budget airline, has sought more time from the Delhi High Court to pay its first installment of ₹50 crore.

Why Bank of England chief is worried about advanced AI

Andrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.

NCLAT will hear challenge to Subhash Chandra's repayment plan tomorrow

The National Company Law Appellate Tribunal (NCLAT) has agreed to hear an urgent plea from several creditors, challenging the approval of Subhash Chandra's repayment plan by the National Company Law Tribunal (NCLT).

31 Aug 2026
Zomato

Why Zomato is firing around 250 employees in Hyderabad

Zomato, the popular food delivery platform, is shutting down its customer support operations in Hyderabad, as per The Economic Times.

31 Aug 2026
OpenAI

OpenAI has warrants worth $5.5B from this SoftBank subsidiary

US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.

31 Aug 2026
TL;DR

EuroHPC selects French state-owned Bull to build LUMI-AI in 2027

The EU's EuroHPC has commissioned a €387.8 million supercomputer, LUMI-AI, from France's Bull to bolster Europe's AI capabilities and compete with the US and China.

31 Aug 2026
TL;DR

TOI AIQ talks teases SBI's digital upgrades and UPI adaptation

TOI AIQ Talks explores how technology and purposeful innovation reshaped SBI, highlighting its rise among global banks and the human-driven reskilling behind this transformation.

31 Aug 2026
Zomato

Zomato cuts 250 jobs as it shuts Hyderabad support center

Zomato, the food delivery platform, is shutting down its customer support operations in Hyderabad. The move will lead to around 250 job losses, as per the Economic Times.

31 Aug 2026
TL;DR

India launches Semicon 2.0 aiming to attract ₹4Lcr investment

The government has unveiled detailed Semicon 2.0 guidelines, offering fiscal support across six pillars, including chip design, fabs, advanced packaging, and R&D initiatives.

31 Aug 2026
TL;DR

SpiceJet seeks Delhi HC time to pay Kalanithi Maran 50L/cr

SpiceJet requested the Delhi High Court for more time to pay ₹50 crore to Kalanithi Maran, citing delays in receiving government emergency credit support.

31 Aug 2026
TL;DR

Sensex slips 513 points as Nifty falls below 24,000

Sensex recovered 250 points from the day's low, while Nifty climbed above 24,050 amid value buying in private banks and easing market volatility.

31 Aug 2026
TL;DR

Augmont Enterprises debuts 22% higher, later falls, IPO raised ₹825cr

Shares of Augmont Enterprises fell over 2% to Rs 940 after listing at a 22% premium of Rs 960, missing grey market expectations of nearly 40% gains.

31 Aug 2026
TL;DR

Tata Advanced Systems to co-produce Javelin AUR in India

Tata Advanced Systems Limited signed an MoU with Javelin Joint Venture to co-produce Javelin missiles in India, enhancing local manufacturing and defense collaboration.

31 Aug 2026
Iran

Oil surges above $90 as US strikes Iran

Oil prices surged over 2% on Monday after US forces targeted two Iranian launchers on Larak Island in the Strait of Hormuz.

31 Aug 2026
TL;DR

Activated carbon boosts India's ₹7,038.25 cr coconut exports in FY26

India's coconut exports soared by 62% in FY26, reaching ₹7,038 crore, driven by rising global demand for value-added products and a diversified export basket.

31 Aug 2026
New York City

Aon nears $17B deal to buy USI Insurance

Aon, a leading insurance broker and consultancy firm, is close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR.

31 Aug 2026
Nifty

Sensex tumbles 500 points: What's dragging markets down today?

The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.

31 Aug 2026
TL;DR

Andrew Bailey warns frontier AI could disrupt global financial systems

Bank of England governor Andrew Bailey warns that advanced AI models pose significant cyber-risk to the interconnected global financial system, urging international cooperation.

31 Aug 2026
TL;DR

Healthians posts 1st-ever FY26 profit 5.4cr, diagnostics drove most revenue

Healthians achieved profitability in FY26 with a net profit of Rs 5.4 crore, as its revenue surged 35.7% year-on-year to Rs 357 crore, driven by diagnostics services.

31 Aug 2026
TL;DR

India, Brazil set goal to reach $30B trade by 2030

India and Brazil aim to double bilateral trade to $30 billion by 2030, with Brazil agreeing to expand market access for Indian pharmaceutical products.

31 Aug 2026
TL;DR

Tempsens Instruments lists at ₹634, more than doubles, drops

Tempsens Instruments shares dropped over 4% on Monday as investors booked profits after the stock's stellar 111% premium listing on Friday, following strong IPO demand.

31 Aug 2026
TL;DR

Banks challenge Subhash Chandra repayment plan at NCLAT Tuesday 10:30am

The NCLAT will hear an urgent plea by creditors contesting the NCLT's approval of Subhash Chandra’s ₹6.5 crore repayment plan, citing inadequate recovery of their claims.

31 Aug 2026
TL;DR

Subhash Chandra denies borrowing as NCLT approves ₹6.5cr repayment

Subhash Chandra clarified his role as a guarantor in insolvency proceedings, stating most borrowings were settled or backed by assets, with Rs 6.5 crore proposed for repayment.

31 Aug 2026
TL;DR

Indian firms line up over $20 billion through share sales

Indian companies are leveraging ample liquidity and supportive valuations, with 170 firms planning to raise over $20 billion through share sales, including QIPs, this fiscal year.

31 Aug 2026
TL;DR

Zomato closing Hyderabad customer support center, about 250 jobs cut

Zomato is closing its Hyderabad customer support centre, affecting 250 employees, as part of a shift toward outsourcing and operational consolidation at its headquarters.

31 Aug 2026
TL;DR

Zee Entertainment shares fall over 14% amid NCLT dispute

Zee Entertainment shares plunged over 14% intraday on August 31, following lender objections to an NCLT-approved repayment plan for Essel Group's ₹22,006.57 crore debt.

31 Aug 2026
Narendra Modi

UPI set to launch in Uzbekistan

The Unified Payments Interface (UPI) will soon be launched in Uzbekistan, the Ministry of External Affairs (MEA) has confirmed.

31 Aug 2026
TL;DR

Soitec secures multi-year deals as photonics-SOI revenue tops $200 million

French chip materials maker Soitec is capitalizing on surging AI-driven demand by locking customers into multi-year supply agreements with deposits and fixed pricing.

31 Aug 2026
Apple

Why Apple's new CEO faces a management shake-up

John Ternus, the incoming CEO of Apple, is expected to make major changes in the company's executive team.

31 Aug 2026
TL;DR

Bitcoin dips under $78,000 after reaching $81,455 3-month high

Bitcoin surged to $79,154 before retreating to the $77k-$78k range, signaling potential resistance near $80k as market momentum remains uncertain amid macroeconomic pressures.

31 Aug 2026
TL;DR

Sensex falls 300.77, Nifty down 124.80 as crude nears $90

Indian markets fell on Monday as US-Iran tensions spiked crude prices, while weak global cues, foreign fund outflows, and MSCI index rebalancing added to investor concerns.

31 Aug 2026
TL;DR

EPFO processing delays EPF withdrawals after tiny record mistakes

Even minor clerical errors in EPF records, such as mismatched dates or names, can lead to significant delays and complications when claiming funds or benefits.

31 Aug 2026
China

China's factory activity shrinks for second consecutive month

China's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.

31 Aug 2026
TL;DR

Indian bond yields hit 6.9480% after Kevin Warsh remarks

Indian bonds opened three basis points lower at 6.94% as hawkish comments from US Fed Chair Kevin Warsh raised the likelihood of a September rate hike.

31 Aug 2026
TL;DR

Nikkei 225 falls almost 2% as Fed comments rattle markets

Japan’s Nikkei 225 fell 1.97% on Monday, driven by rising global interest rate hike expectations, while U.S. inflation control measures further dampened investor sentiment.

31 Aug 2026
TL;DR

India's Q1 GDP estimate due today, CNBC-TV18 poll forecasts 7.5%

India's Q1 GDP data is set for release today, with analysts predicting 7.5% growth amid hopes of a potential upside surprise shaping market sentiment and economic outlook.

31 Aug 2026
TL;DR

Shein raises $1.7B in Hong Kong IPO as listings boom

China's IPO market is thriving, driven by investor enthusiasm for AI and robotics. Shein's $1.7 billion Hong Kong debut highlights the trend amid shifting global dynamics.

31 Aug 2026
TL;DR

Check Annu Projects IPO allotment likely finalized August 30

The Annu Projects IPO allotment, following a 2.93x subscription to its Rs 175.06 crore issue, is expected to be finalised on August 30.

31 Aug 2026
TL;DR

HDFC Bank expected to appoint Kaizad Bharucha as CEO

Kaizad Bharucha, HDFC Bank's longest-serving executive board member, has nearly four decades of banking experience and currently serves as Deputy Managing Director.

31 Aug 2026
TL;DR

India to launch UPI in Uzbekistan, showcasing payment expertise

India's Unified Payments Interface (UPI) is launching in Uzbekistan, strengthening digital ties and fostering economic cooperation with Central Asia.

31 Aug 2026
HDFC Bank

Ex-SBI chief Dinesh Khara among contenders for HDFC Bank CEO

Former State Bank of India (SBI) Chairman Dinesh Kumar Khara is being considered as a potential successor to Sashidhar Jagdishan for the position of Managing Director and Chief Executive Officer (MD & CEO) at HDFC Bank.

31 Aug 2026
TL;DR

HDFC Bank shares climb after CEO Sashidhar Jagdishan retirement announcement

HDFC Bank shares rose over 2% as MD & CEO Sashidhar Jagdishan announced his retirement, with brokerages viewing the leadership change as a potential reset.

31 Aug 2026
TL;DR

CrowdStrike CEO George Kurtz warns AI enables rapid vulnerability weaponization

CrowdStrike CEO George Kurtz credited Anthropic’s Mythos model for driving record revenues while cautioning companies about rapidly evolving AI-driven cyber threats.

31 Aug 2026
TL;DR

Indian markets open lower as Sensex slips and Nifty drops

Indian stock indices Sensex and Nifty opened in red on Monday, August 31, following a rebound on Friday driven by strong gains in IT stocks.

31 Aug 2026
TL;DR

Gold down more than ₹2,600 on MCX and silver falls

Gold and silver prices on MCX dropped by nearly 2% amid heavy profit-taking, with gold futures falling ₹2,600 to ₹1,53,640 per 10 grams and silver contracts losing ₹4,200.

31 Aug 2026
TL;DR

Indian rupee starts Monday at ₹95.49 against US dollar

The Indian rupee opened 11 paise lower at 95.49 against the US dollar, reflecting ongoing pressure from global economic factors and fluctuating forex market trends.

31 Aug 2026
TL;DR

Nirmala Sitharaman, William Brown discuss India R&D and manufacturing

Finance Minister Nirmala Sitharaman discussed enhancing 3M's localisation, R&D, and advanced manufacturing in India during her meeting with CEO William Brown at the G20 FMCBG.

31 Aug 2026
TL;DR

US strike in Strait of Hormuz lifts Brent to $89.18

Oil prices rose over 1% amid escalating Middle East tensions, while gold steadied following a sharp decline, as markets reacted to hawkish signals from the US Federal Reserve.

31 Aug 2026
TL;DR

Blackstone linked entities launch ₹7,992cr OFS for Knowledge Realty Trust

Blackstone-linked entities have launched an offer for sale (OFS) in Knowledge Realty Trust, India's largest REIT, aiming to sell units worth nearly ₹12,000 crore.

31 Aug 2026
TL;DR

NVIDIA's Jensen Huang: AI could spark America's next industrial revolution

Nvidia CEO Jensen Huang envisions AI driving America’s next industrial revolution, creating jobs, revitalizing manufacturing, and boosting investments in infrastructure nationwide.

31 Aug 2026
TL;DR

China manufacturing PMI rises to 49.8 but stays below 50

China's official manufacturing PMI rose to 49.8 in August, surpassing forecasts, but remained below 50, signaling contraction amid ongoing economic challenges.

31 Aug 2026
TL;DR

SK Hynix mulls Japan plant for AI capacity, cost control

SK Hynix is evaluating a joint venture in Japan to address soaring AI-driven memory chip demand while managing production costs amid global expansion efforts.

31 Aug 2026
TL;DR

Augmont Enterprises IPO opens priced at ₹750-₹788 amid heavy demand

Augmont Enterprises IPO debuts today at 10:00 IST on BSE and NSE, with a grey market premium of ₹290 hinting at an estimated listing gain of up to 37%.

31 Aug 2026
TL;DR

Senior executives return to school for AI strategy training

Senior executives are increasingly pursuing advanced AI programmes to drive transformation, ensuring strategic decisions on deployment and governance extend beyond IT teams.

31 Aug 2026
TL;DR

L&T, JSW, Adani Group, Mahindra eye ISRO LVM3 technology transfer

Larsen & Toubro, Adani Group, Mahindra, and others are exploring bids to manufacture and operate ISRO's heavy-lift rocket LVM3 as part of its technology-transfer initiative.

31 Aug 2026
TL;DR

India's airport expansion slows as airlines struggle to meet demand

India’s airport growth is slowing as airlines face fleet shortages and geopolitical disruptions, forcing operators to explore non-aeronautical revenue streams for sustainability.

31 Aug 2026
TL;DR

Mohit Joshi: Tech Mahindra untroubled by Google, backs organic growth

Tech Mahindra CEO Mohit Joshi believes Big Tech and AI labs won't disrupt the IT sector, citing distinct cost structures and operational models that are challenging to replicate.

31 Aug 2026
TL;DR

Tata Trusts seek Maharashtra charity approval for Tata Sons chair

Tata Trusts have approached the Maharashtra charity commissioner to resolve a regulatory impasse, aiming to initiate the process of appointing a new chairman for Tata Sons.

31 Aug 2026
TL;DR

Nirmala Sitharaman meets US executives in Chicago to pitch India

Finance Minister Nirmala Sitharaman engaged with top US executives, highlighting India's potential as a global operations hub across AI, agriculture, and defense technologies.

31 Aug 2026
TL;DR

Subhash Chandra says 22,000 cr are guarantees for other companies

Subhash Chandra addressed misconceptions about the Rs 22,000-crore insolvency case, stating it pertains to personal guarantees for loans, not personal borrowings.

30 Aug 2026
Tamil Nadu

Tamil Nadu's new-age business houses line up for IPOs

A number of Tamil Nadu-based companies are preparing to launch their initial public offerings (IPOs).

30 Aug 2026
Japan

SK Hynix open to more US semiconductor investments

SK Hynix's CEO, Kwak Noh-jung, has said that the company is open to more semiconductor investments in the US.

30 Aug 2026
India

India's beauty, personal care market to reach $42B by FY31

India's Beauty and Personal Care (BPC) market is set to witness a massive growth from $23 billion in FY26 to $42 billion by FY31.

30 Aug 2026
X

EPFO highlights campaign to bring more workers under social security

The Employees' Provident Fund Organization (EPFO) has highlighted the Employees's Enrolment Campaign 2026, which runs from June 29 to October 31, aims to widen social security coverage and formalize the workforce.

30 Aug 2026
Finance

Bira 91 facing insolvency threat over ₹11cr+ unpaid dues

Bira 91, a popular Indian beer brand, is facing an insolvency threat as Hindusthan National Glass and Industries Ltd (HNGIL) has issued a default notice to its parent company B9 Beverages Ltd.

30 Aug 2026
India

India's GDP to grow at 7-7.2% in FY27, says EY

India's real gross domestic product (GDP) growth is projected to stay strong at 7-7.2% in the financial year 2026-27 (FY27), according to a recent report by Ernst & Young (EY).

NCLT might soon have dedicated benches for insolvency cases

A Parliamentary panel has recommended the establishment of dedicated benches or verticals for insolvency cases at the National Company Law Tribunal (NCLT).

30 Aug 2026
HDFC Bank

Who will become next CEO of HDFC Bank?

HDFC Bank, India's largest private lender, is considering Deputy Managing Director Kaizad Bharucha as a potential successor to current CEO Sashidhar Jagdishan.

30 Aug 2026
Singapore

Indian Bank to open 100 new branches, recruit 2,500 employees

Indian Bank plans to expand its operations by opening around 100 new branches in the current fiscal year, according to PTI.

30 Aug 2026
Chile

India, Chile expedite efforts to finalize trade pact by year-end

India and Chile are stepping up efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) by the end of this year.

30 Aug 2026
Nevada

Kalshi suffers legal setback as Nevada gets power to regulate

Kalshi, a popular prediction market platform, has suffered a major setback in its legal battle against the state of Nevada.

UPI dominates India's digital merchant payments market with 77.3% share

India's digital merchant payments market is witnessing a major shift.

30 Aug 2026
Doctor Doom

Robert Downey Jr. wears $1.1M watch that has no hands

Hollywood superstar Robert Downey Jr. made a grand appearance at Disney's Legends Awards Ceremony, but it wasn't just his presence that stole the show.

Country Delight wants to raise $200-300M via IPO in India

Country Delight, a leading subscription-based dairy and fresh-produce delivery platform, is gearing up for an initial public offering (IPO) in India.

30 Aug 2026
Delhi

BRICS summit causes luxury hotel room scarcity in Delhi

Delhi's luxury hotel market is witnessing a major spike in room rates and a shortage of availability ahead of the BRICS Summit.

30 Aug 2026
Nirmala Sitharaman

India met fiscal deficit target for FY26: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has announced that the central government has successfully met its fiscal deficit targets for the financial year 2025-26.