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Business News

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19 Aug 2026
TL;DR

Gujarat Chief Minister Bhupendra Patel meets Google, Micron, Perplexity AI

Perplexity AI considers Gujarat for R&D and data centre plans as CM Bhupendra Patel engages Google, Micron, and TiE to boost the state's tech ecosystem.

19 Aug 2026
TL;DR

India overhauls FEMA rules to attract more global investors

India is simplifying its foreign investment regime by recasting FEMA and related rules into a principle-based framework, aiming to attract more foreign capital, says DEA official.

19 Aug 2026
TL;DR

DTDC launches 'Vallam Express' water courier for Kerala's remote villages

DTDC has introduced "Vallam Express," a waterway-based delivery service in Kerala's Kuttanad, leveraging traditional oarsmen to reach remote, water-bound communities.

19 Aug 2026
TL;DR

Sachin Bansal's Navi lands $100 million from Prosus at $1.3B valuation

Prosus has invested $100 million in Sachin Bansal's Navi, valuing the company at $1.3 billion, marking its first institutional capital raise and continuing its ties with Bansal.

19 Aug 2026
TL;DR

Proofpoint establishing new AI security engineering CoE in Hyderabad

Proofpoint is establishing an AI Security Engineering Centre of Excellence in Hyderabad and plans to hire over 200 engineers, bolstering its presence in India.

19 Aug 2026
TL;DR

Amazon expands Prime Air to nearly 500 US cities

Amazon plans to expand its drone delivery service to 500 US cities by year-end, raising questions about how this shift might affect traditional delivery workers and their roles.

19 Aug 2026
TL;DR

Kerala announces 20% bonus, ₹10,000 Onam advance to RPL workers

The Kerala Labour Department has announced a 20% bonus and ₹10,000 Onam advance for Rehabilitation Plantations Limited employees for the 2025–26 financial year.

19 Aug 2026
TL;DR

Masters's Union opens Gurugram AI labs free weekends for women

Masters’ Union offers free weekend access to its AI labs, infrastructure, and expert faculty at its Gurugram campus, empowering women to build and prototype innovative ideas.

19 Aug 2026
TL;DR

FSSAI tells Amway, Emami, Bonn Biscuits to stop '100%' claims

FSSAI has intensified action against misleading “100%” claims, prompting six companies, including Amway and Emami, to revise product labels and advertisements for compliance.

19 Aug 2026
TL;DR

Marvell issues Google $12.18 billion warrant for custom chips partnership

Marvell Technology has offered Google a $12.18 billion stake option as part of a collaboration to develop custom AI-focused chips, boosting Marvell's shares by over 11%.

19 Aug 2026
TL;DR

ARTPARK startup AlgoFET raises ₹15Cr to upgrade drone ground infrastructure

AlgoFET has raised Rs 15 crore from Piper Serica to advance its autonomous drone ground infrastructure, targeting defence, enterprise, and international markets for scaling.

19 Aug 2026
TL;DR

RBI Governor Malhotra sees falling inflation prompting policy rate change

RBI Governor Sanjay Malhotra highlighted potential for recalibrating the policy rate amid moderating inflation, while emphasizing vigilance against risks from food and fuel prices.

19 Aug 2026
TL;DR

Hexaware Technologies denies breach, says no real evidence found

Hexaware Technologies stated there is no reliable evidence of a systems or customer data breach, following claims of outdated employee information exposure by a threat actor.

19 Aug 2026
TL;DR

AWS to set up India's only Builder Loft in Hyderabad

Amazon Web Services is launching a Builder Loft in Hyderabad, India's sole centre among three global locations, offering free workshops and networking for developers.

19 Aug 2026
TL;DR

Aditya Infotech board approves up to 1500 cr equity raise

Aditya Infotech's board has approved raising ₹1,500 crore via equity shares through methods like QIP or public issue, pending shareholder and regulatory approvals.

19 Aug 2026
TL;DR

SEBI proposes simpler predictable settlement framework tied to minimum penalties

Sebi aims to simplify and streamline its settlement process by revising calculation methods, reducing costs, and introducing fast-track mechanisms for quicker resolution of cases.

19 Aug 2026
Ashwini Vaishnaw

Union Cabinet clears ₹13,041 crore rail and road projects

The Union Cabinet has approved five infrastructure projects worth ₹13,041 crore.

19 Aug 2026
TL;DR

Indian crop insurers seek 5-year data protection under pesticides bill

India's leading crop insurers urge the government to introduce a five-year regulatory data protection window, aiming to accelerate safer pesticide innovations.

19 Aug 2026
TL;DR

BSE Index Services Pvt Ltd launches 3 growth factor indices

BSE Index Services has introduced three Growth Factor Indices, targeting companies with strong earnings and sales growth, expanding its diverse factor investing suite.

19 Aug 2026
TL;DR

India's gold demand set to climb ahead of festive season

India's gold market shows signs of recovery, driven by rising jewellery demand, steady investment interest, and rebounding imports, as per the World Gold Council's latest update.

19 Aug 2026
TL;DR

Cashify rebrands to Cashify Limited appoints 2 independent directors

Cashify is transitioning into a public entity, appointing independent directors and overseas bankers, while expanding internationally to bolster its upcoming IPO plans.

19 Aug 2026
TL;DR

NCLT moves SpiceJet bankruptcy cases to new bench after retirement

India's NCLT will reconsider bankruptcy petitions against SpiceJet after a last-minute settlement, delaying lessors' recovery efforts and offering the airline temporary relief.

19 Aug 2026
TL;DR

Indian rupee closes at 95.7525 against US dollar Wednesday

The Indian rupee weakened to its lowest since late July, driven by rising crude prices and dollar demand, while RBI interventions curbed further losses.

19 Aug 2026
TL;DR

SBI will charge ₹15 plus GST for extra BSBD withdrawals

State Bank of India will implement revised cash withdrawal charges for Basic Savings Bank Deposit Accounts from October 1, 2026, affecting branch-based transactions.

19 Aug 2026
TL;DR

Relativity Networks lands $40 million order after $22 million hollow-core funding

Relativity Networks secured $22 million in SAFE note funding to advance hollow-core fiber technology, enabling 30% faster data transmission for sprawling data center deployments.

19 Aug 2026
CRED

CRED launches Circle for paid advice from experienced peers

CRED has launched a new platform, Circle by CRED, to connect its users with people with relevant professional or personal experience in various fields such as careers, finance, wellness, and relationships.

19 Aug 2026
TL;DR

CLSA warns India household incomes lag as FY27 growth slows

India's income growth is trailing consumption, warns CLSA, with households relying on savings and debt. The brokerage forecasts GDP growth to moderate to 6% in FY27.

19 Aug 2026
TL;DR

Shiprocket targets over 1 million small businesses in 5 years

Shiprocket aims to onboard over 1 million MSMEs within five years, leveraging its asset-light model and expanding product suite to tap into India's vast small business market.

19 Aug 2026
TL;DR

Policybazaar launches term insurance for students aged 18 to 25

Policybazaar has unveiled term insurance for students aged 18-25, offering life cover starting at ₹25 lakh in partnership with ICICI Prudential and Axis Max Life Insurance.

19 Aug 2026
TL;DR

India's electronics manufacturing hits $116B in fiscal 2026, exports $48B

India’s electronics production surpassed $116 billion in FY26, with a shift from assembling products to building robust domestic supply chains for components and materials.

19 Aug 2026
Zepto

Zepto won't offer you free delivery for orders below ₹199

Zepto, a leading player in the quick commerce industry, has increased its minimum order value (MOV) for free delivery from ₹149 to ₹199.

19 Aug 2026
Foreign Investment

Why foreign inflows in Asian bonds have hit 4-month low

Foreign investment in major Asian bond markets fell to a four-month low in July, according to Reuters.

Groww-rival Upstox wants to raise $400M via IPO in India

Upstox, one of India's leading online trading platforms and backed by Tiger Global Management LLC, is said to be planning an initial public offering (IPO).

19 Aug 2026
TL;DR

India Finance Leaders Barometer: 85% CFOs optimistic, seek long-term value

A survey reveals Indian CFOs are optimistic about growth, with 45% leveraging AI for measurable value and 64% confident in achieving finance priorities despite challenges.

19 Aug 2026
TL;DR

CtrlS raises ₹250cr as Nikhil Kamath invests ₹200cr for expansion

CtrlS has raised Rs 250 crore, including Rs 200 crore from Zerodha cofounder Nikhil Kamath, to expand AI-ready hyperscale infrastructure and meet India's growing digital demand.

19 Aug 2026
TL;DR

Sanjeev Sanyal urges India not to rush US trade pact

India must carefully evaluate terms before finalising a long-term trade agreement with the US, says EAC-PM member Sanjeev Sanyal, citing sensitive sectors and tariff uncertainties.

19 Aug 2026
TL;DR

MedPlus halts aggressive promotion of in-house prescription medicines after pushback

MedPlus has scaled back aggressive promotion of its private-label medicines, responding to customer resistance and concerns over substituting doctor-prescribed brands.

19 Aug 2026
TL;DR

SAP calls India key to AI powered autonomous enterprise economy

India's robust tech ecosystem and talent pool position it as a key driver of SAP's AI-led vision for an "autonomous enterprise economy," says SAP APAC President Verena Siow.

19 Aug 2026
TL;DR

Samsung raises chipmaking prices up to 15% amid AI demand

Samsung Electronics has raised advanced chipmaking prices by up to 15%, driven by soaring AI chip demand and tight capacity, particularly impacting Chinese and US customers.

19 Aug 2026
TL;DR

Indian Bank raises $400 million through GIFT City branch

Indian Bank secured $400 million through its GIFT City branch, leveraging overseas markets as Indian lenders accelerate dollar bond issuances amid regulatory changes.

19 Aug 2026
TL;DR

State Bank of India cuts bulk FD rates for 3cr

State Bank of India has reduced interest rates by 25 basis points on select bulk fixed deposits (₹3 crore and above) for shorter tenors, effective August 15, 2026.

19 Aug 2026
TL;DR

India delays ₹18,100cr homegrown battery plan by 2 years

India's ₹18,100 crore PLI ACC scheme for advanced chemistry cell manufacturing faces a two-year delay due to supply chain challenges and export restrictions imposed by China.

19 Aug 2026
TL;DR

IDFC FIRST Bank completes 1st-ever $500 million international 3-year bond sale

IDFC FIRST Bank raised $500 million via its first international bond issuance, marking its debut in global debt markets with three-year senior notes at a 5.625% coupon rate.

19 Aug 2026
TL;DR

SK Hynix unveils 40 trillion won buyback and cancelation plan

SK Hynix unveiled a $28.61 billion share buyback to boost shareholder returns, addressing investor concerns amid stock price fluctuations and AI market uncertainties.

19 Aug 2026
TL;DR

India's semiconductor startups raised $76.8 million in H1 across 13 deals

India's semiconductor startups have witnessed a dramatic funding surge, jumping from $1.5 million in 2022 to $76.8 million in the first half of 2026 alone.

19 Aug 2026
TL;DR

SEBI considers SME listing rule changes, Tuhin Kanta Pandey urges

India's market regulator, Sebi, is reviewing SME trading and market-making rules to address liquidity challenges and reduce costs for companies and investors.

19 Aug 2026
Jimmy Kimmel

Disney sues Trump administration over 'ABC' censorship

Disney has filed a lawsuit against the Federal Communications Commission (FCC) and its Chairman Brendan Carr.

19 Aug 2026
TL;DR

SEBI to release AI and ML guidelines for securities market

SEBI will soon introduce AI guidelines emphasizing accountability, governance, kill-switch mechanisms, and human oversight to ensure responsible adoption in securities markets.

19 Aug 2026
TL;DR

SEBI chief Tuhin Kanta Pandey warns against CAS manipulation

SEBI Chairman Tuhin Kanta Pandey emphasized stern action against attempts to manipulate the new closing auction session, ensuring greater transparency.

19 Aug 2026
TL;DR

SpiceJet settlement with Aviator ML ends petition, NCLT fines both

SpiceJet gained temporary relief as the National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea following a last-minute settlement between the two parties.

19 Aug 2026
India

Indian flights cannot use Pakistan's airspace until September 24

Pakistan has extended its airspace closure for Indian aircraft until September 24, the country's airports authority announced today.

19 Aug 2026
Amazon

Amazon fined ₹1L for selling fake Ram Mandir prasad

Amazon Seller Services Private Limited has been fined ₹1 lakh by the Central Consumer Protection Authority (CCPA), for allowing the sale of ordinary sweets as 'Shri Ram Mandir Ayodhya Prasad' on its platform.

19 Aug 2026
TL;DR

SEBI proposes online KYC letting NRIs OCBs open accounts abroad

India is simplifying the investment process for NRIs by proposing digital KYC, eliminating physical documentation hurdles and enabling account setup from abroad.

19 Aug 2026
TL;DR

Upstox moves toward $400 million IPO and begins bank talks

Upstox, backed by Tiger Global, is reportedly preparing for a $400 million initial public offering, aiming to hire advisers soon for the anticipated listing.

19 Aug 2026
TL;DR

Creators earning on YouTube and Instagram must report taxable income

Content creators earning from platforms like Instagram and YouTube must file their Income Tax Returns by August 31, as their income is treated as business or professional earnings.

19 Aug 2026
SpiceJet

Why SpiceJet has been fined ₹15L by NCLT

The National Company Law Tribunal (NCLT) has slapped a fine of ₹15 lakh each on SpiceJet and aircraft lessor Aviator ML 29641 Ltd.

19 Aug 2026
Tata

Tata's Starlink rival might offer services in India by 2028

Tata Group-backed satellite communications provider Nelco is gearing up to enter the direct-to-device (D2D) satellite connectivity market.

19 Aug 2026
Air India

Ex-Air India chief Campbell Wilson joins Air New Zealand board

Air New Zealand, the country's national carrier, has announced the appointment of former Air India CEO and managing director Campbell Wilson and ex-CFO Robert McDonald as directors on its board.

19 Aug 2026
BookMyShow

Global investment firm KKR buys a stake in BookMyShow

Global investment firm KKR has agreed to acquire a minority stake in BookMyShow, an Indian entertainment and ticketing platform.

19 Aug 2026
TL;DR

Hindustan Zinc targets 70% renewables by FY2028 after 22% (current as of August 2026)

Hindustan Zinc has increased green energy usage to 22% in FY26 and aims to achieve 70% renewable power consumption by FY28 through expanded initiatives and partnerships.

19 Aug 2026
TL;DR

Tata Sons AGM paused for 1st time over SRTT governance

Tata Sons' AGM on August 18, 2026, was adjourned for the first time due to quorum issues stemming from regulatory restrictions on the Sir Ratan Tata Trust's governance.

19 Aug 2026
TL;DR

SoftBank concentrates US holdings in Intel with $12.14B stake

SoftBank Group, led by Masayoshi Son, revealed Intel as its largest disclosed US equity holding at 66.8% of its portfolio, underscoring Son's commitment to AI and chip innovation.

19 Aug 2026
TL;DR

Buffalo meat becomes India's top performing agricultural export in 2025-26

Buffalo meat exports soared 25.6% to $5.1 billion in 2025-26, with India targeting over $6 billion in 2026-27 amid rising global demand and improved per-tonne realisations.

19 Aug 2026
TL;DR

RBI proposes tighter revolving credit rules for farmers and businesses

The Reserve Bank of India (RBI) seeks to regulate revolving credit, citing concerns over rising unsecured retail debt and risks from unchecked fintech–NBFC partnerships.

19 Aug 2026
TL;DR

HKEX posts record HK$5.38 billion quarter on AI IPO surge

Hong Kong Exchanges & Clearing Ltd. reported record net income of HK$5.38 billion in Q2, driven by a surge in trading activity and initial public offerings amid AI-linked growth.

19 Aug 2026
TL;DR

Amazon Seller Services Private Limited fined 1L for misleading prasad

The CCPA penalized Amazon ₹1 lakh for hosting and selling sweets labeled as "Shri Ram Mandir Ayodhya Prasad" without authorization, citing it as a misleading trade practice.

19 Aug 2026
TL;DR

Vijay Kedia's Kedia Securities buys 20L Zaggle shares for ₹33cr

Kedia Securities, owned by famed investor Vijay Kedia, acquired 20 lakh shares of AI-led SaaS fintech Zaggle Prepaid Ocean Services at ₹164.72 per share via a bulk deal on the NSE.

19 Aug 2026
TL;DR

China markets drop after weak tech earnings, Hang Seng rises

Chinese stocks plunged as semiconductor and robotics shares faced heavy selling, driven by weak corporate earnings and concerns over China's broader economic outlook.

19 Aug 2026
TL;DR

Piyush Goyal leads 70-member delegation to Singapore for trade-investment-tech ties

Commerce Minister Piyush Goyal heads a 70-member business delegation to Singapore, aiming to bolster trade, investment, and technology partnerships.

19 Aug 2026
TL;DR

NCLT fines SpiceJet and Aviator ML 29641 Ltd 15L each

A special NCLT bench fined SpiceJet and Aviator ML ₹15 lakh each for disclosing their settlement late, delaying insolvency proceedings reserved for pronouncement.

19 Aug 2026
TL;DR

Tata-backed Nelco plans D2D satellite service by early 2028

Nelco, backed by Tata Group, plans to pioneer direct-to-device satellite connectivity in India and South Asia, aiming for commercial services rollout by early 2028.

19 Aug 2026
TL;DR

Baidu revenue falls 4% as Robin Li pledges AI investment

Baidu CEO Robin Li pledged to revitalize its Ernie AI model amid mounting competition, following a quarterly revenue miss that triggered a 7% drop in U.S.-listed shares.

19 Aug 2026
TL;DR

Bitcoin hovers near ₹61.1L as US Bitcoin ETFs attract investments

Bitcoin showed signs of recovery, trading near Rs. 61.1 lakh, as $297.6 million flowed into US spot ETFs, signaling stronger institutional demand despite macroeconomic headwinds.

19 Aug 2026
TL;DR

Individuals and HUFs above 1 cr must disclose assets, liabilities

Taxpayers with business income exceeding ₹1 crore in FY 2025-26 must disclose assets and liabilities under Schedule AL in their ITR before the August 31 deadline.

19 Aug 2026
TL;DR

India mulls duty free sugar imports amid festival price surge

India is exploring duty-free sugar imports for the first time in nearly a decade to curb record-high prices, driven by tight domestic supplies and rising festive season demand.

19 Aug 2026
Bombay Stock Exchange (BSE)

Shiprocket shares list 35% above IPO price

Shiprocket, a leading e-commerce shipping and logistics platform, made a stellar debut on the Indian stock exchanges today.

19 Aug 2026
Bombay Stock Exchange (BSE)

Behari Lal shares debut at 63% premium over IPO price

Behari Lal Engineering, a Punjab-based iron and steel manufacturer, made a stellar debut on the stock exchanges today.

19 Aug 2026
TL;DR

Indo-MIM targets ₹5,000cr by FY27 after Q1 ₹1,219cr revenue

Bengaluru-based industrial mould manufacturer Indo-MIM aims for 20% growth in FY27, supported by strong performance across aerospace, defence, and consumer electronics segments.

19 Aug 2026
TL;DR

CarePal Group details ARGo AI chief of staff for teams

CarePal Group introduces ARGo, an in-house AI system designed to streamline execution by extracting priorities, decisions, and risks from unstructured employee communications.

19 Aug 2026
TL;DR

India, Japan pursue closer partnership with $27.5bn trade, 10tn yen

Bilateral trade between India and Japan reached $27.5 billion in FY 2025-26, but Union Minister Piyush Goyal emphasized it remains a small fraction of their true potential.

19 Aug 2026
TL;DR

India's exports to US are steady, 1-fifth of export earnings

India's exports to the US held steady at 20% of total exports despite a year of high tariffs under Trump, highlighting the enduring importance of the American market.

19 Aug 2026
TL;DR

Gold slips on MCX, October futures fall ₹133 to ₹154,129

Gold prices slipped on the MCX amid easing Treasury yields, while experts like Christopher Wood and John Paulson view the correction as a potential buying opportunity.

19 Aug 2026
TL;DR

Gold below $4,400 as yields rise, Fed odds slip

Gold dipped below $4,400 an ounce as rising long-dated bond yields and shifting US rate expectations influenced market sentiment, while the dollar steadied after recent declines.

19 Aug 2026
TL;DR

Bharat Project proposes national entrepreneurship mission for 10L businesses/50L jobs

A new policy recommendation by The Bharat Project outlines a National Entrepreneurship Mission to integrate existing schemes, aiming to create 10 lakh enterprises and 50 lakh jobs.

19 Aug 2026
Canada

Trump pauses 50% tariffs as US, Canada reach trade deal

US President Donald Trump has announced a temporary suspension of the 50% tariffs on Canada.

19 Aug 2026
TL;DR

CLSA downgrades TCS, Infosys, Tech Mahindra, praises Coforge, Persistent Systems

CLSA has downgraded major Indian IT firms, citing AI-driven deflation and macroeconomic challenges, while favoring mid-tier companies better positioned for industry shifts.

19 Aug 2026
TL;DR

Shiprocket shares debut at ₹131, surge 35% after ₹1,617cr IPO

Shiprocket's shares debuted at Rs 131 on NSE, a 35% premium over its Rs 97 issue price, following strong demand with the IPO being subscribed 99 times.

19 Aug 2026
TL;DR

KKR to invest in BookMyShow to expand live entertainment offerings

KKR has acquired a minority stake in Indian entertainment platform BookMyShow, aiming to support its expansion in live entertainment and full-stack offerings across India.

19 Aug 2026
China

Chinese humanoid robot maker Unitree soars 629% in IPO debut

Unitree Robotics, a leading player in the humanoid robot industry, has witnessed a staggering 629% surge in its share price on debut.

19 Aug 2026
TL;DR

Bitcoin holds near $65,000, trading at $64,318.69 on Aug. 19

Bitcoin surged to nearly $65,000 on August 19, supported by stable crypto market conditions and improved institutional demand, even as equities faced pressure globally.

19 Aug 2026
TL;DR

President Trump expected White House meeting on digital asset rules

US President Donald Trump will host cryptocurrency and prediction-market leaders to discuss digital-asset rules, aligning with broader regulatory efforts by his administration.

19 Aug 2026
TL;DR

CRED launches Circle beta connecting members to over 100 residents

CRED introduces Circle, a beta platform offering paid one-on-one conversations with experienced professionals across careers, money, wellness, and relationships.

19 Aug 2026
TL;DR

Indian stocks slip, Sensex down 253.71 points, Nifty 24,068.15

Sensex fell 253 points and Nifty neared 24,050 as rising crude oil prices, geopolitical tensions in Iran, and higher US Treasury yields weighed on investor sentiment.

19 Aug 2026
TL;DR

Nifty 50 extends losses 7th consecutive session, drops to 24,114

Sensex dropped over 100 points to 77,139, while Nifty slipped below 24,114 as rising crude prices and global bond yields fueled a seventh consecutive session of market losses.

19 Aug 2026
TL;DR

Swiggy wins nearly 94% backing to become Indian-owned and controlled

Swiggy secures shareholder approval for key proposals, paving the way for IOCC status and an inventory-led model transformation for its quick commerce arm, Instamart.

19 Aug 2026
TL;DR

Google agrees to pay $10 million for Spirit digital archives

Google acquired Spirit Airlines' digital archives, including 500 million Teams messages, aiming to leverage unique workflow data for AI training and aviation-related insights.

19 Aug 2026
TL;DR

Gaja Alternative Asset Management IPO open Aug 19-21 size ₹550cr

The Gaja Capital IPO opens today with a price band of ₹152-₹160 per share. Grey Market Premium (GMP) indicates an 18.75% potential listing gain at ₹190 apiece.

19 Aug 2026
TL;DR

Gold-backed lending by NBFCs surged nearly 70% despite RBI tightening

Gold, once a symbol of security and tradition in India, is now increasingly being leveraged as collateral for loans, with NBFC gold lending surging nearly 70% year-on-year.

19 Aug 2026
TL;DR

HY Tech Engineers opens IPO subscription August 24-27, price ₹50-₹53

HY Tech Engineers has set its IPO price band at ₹50-₹53 per share. The subscription window will be open from August 24 to August 27, with shares listing on September 1.

19 Aug 2026
TL;DR

Madhya Pradesh-based Symbiotec Pharmalab IPO opens August 24 priced ₹933-₹988

Symbiotec Pharmalab has set its IPO price band at ₹933-₹988 per share. The ₹1,757 crore issue opens for subscription on August 24 and closes on August 27.

19 Aug 2026
TL;DR

Horizon Industrial Parks IPO 24% subscribed, retail 43% of quota

The ₹2,600-crore Horizon Industrial Parks IPO closes today, with a 24% subscription as of Day 2. Grey market premium suggests a muted listing gain of around 2%.

19 Aug 2026
TL;DR

RBI proposes quarterly rate updates for floating rate loans

The RBI's proposed rules aim to reset floating-rate loans every three months, ensuring faster rate transmission. Implementation is set for April 1, 2027.

19 Aug 2026
TL;DR

LTTS secures 5-year $75 million+ deal as Q1 profits reach ₹357cr

L&T Technology Services has signed a $75 million, five-year agreement with a global tech enterprise, boosting its engineering intelligence and digital capabilities.

19 Aug 2026
TL;DR

OpenAI Q2 revenue growth slows while Anthropic posts stronger gains

OpenAI's revenue growth slowed to 18% between Q1 and Q2 2026, disappointing investors as rival Anthropic reported a 130% surge and prepared for an imminent IPO.

19 Aug 2026
TL;DR

Samsung Electronics, SK Hynix shares tumble amid global tech selloff

South Korean chip stocks tumbled as rising bond yields sparked concerns over the sustainability of massive AI infrastructure investments, mirroring a global semiconductor selloff.

19 Aug 2026
TL;DR

Unitree Robotics shares jump 629% in Shanghai IPO raising $904 million

Unitree Robotics shares skyrocketed 629% in Shanghai debut, raising $904 million and marking the first publicly traded humanoid robot maker in mainland China.

19 Aug 2026
TL;DR

Campbell Wilson and Robert McDonald join Air New Zealand board

Air New Zealand has named former Air India CEO Campbell Wilson and ex-CFO Robert McDonald as board directors, effective September 24, amid operational challenges and rising costs.

19 Aug 2026
TL;DR

Chip selloff hits Asia as South Korea loses nearly 6%

Asian stock markets fell sharply as semiconductor shares extended losses, with rising bond yields and escalating oil prices further dampening investor sentiment.

19 Aug 2026
TL;DR

Gaja Capital IPO opens with ₹550cr, price band ₹152-₹160

The ₹550-crore Gaja Capital IPO opens today, August 19, for a three-day bidding period. Brokerages like SBI Securities and Anand Rathi recommend subscribing for long-term gains.

19 Aug 2026
TL;DR

India's 50 listed institutionally backed new-age companies worth $165 billion

India's 50 listed, institutionally backed new-age companies have reached a combined market cap of $165 billion, driven by expanding IPO activity.

19 Aug 2026
TL;DR

India may anchor homegrown chip startups under 1.28 trillion-rupee plan

The Indian government plans to leverage national security needs and its purchasing power to create demand for locally designed semiconductor chips.

19 Aug 2026
TL;DR

Nasdaq 100 falls over 500 points as chip stocks tumble

The Nasdaq 100 dropped over 500 points on Tuesday, led by a sharp sell-off in chip stocks like Nvidia and Broadcom amid rising oil prices and elevated bond yields.

19 Aug 2026
TL;DR

Zomato: sustainable packaging may raise delivery bills 10% to 30%

Switching to sustainable packaging could increase food delivery costs by 10-30%, says Zomato, citing affordability challenges and limited consumer willingness to pay a premium.

19 Aug 2026
TL;DR

Anthropic reportedly plans IPO to grant founders super-voting shares

Anthropic plans to grant CEO Dario Amodei and co-founders enhanced voting rights, aiming to retain influence as the AI company prepares for a potential IPO as early as September.

19 Aug 2026
TL;DR

Indian companies sent $5.7 billion abroad as FDI in July

India's outward foreign direct investment (FDI) rose 17% year-on-year to $5.70 billion in July, driven by sharp increases in equity commitments and overseas loans.

19 Aug 2026
TL;DR

Warner Music Group to launch global tech hub in Bengaluru

Warner Music Group is launching a cutting-edge technology hub in Bengaluru to drive global innovation in music distribution, AI, and data infrastructure.

19 Aug 2026
TL;DR

US SEC proposes 'Regulation crypto assets' to simplify crypto securities

The U.S. SEC has unveiled its first proposed rule for regulating crypto assets, aiming to foster innovation while addressing securities law exemptions in a surprise announcement.

19 Aug 2026
TL;DR

Tungsten demand revives Dolphin Mine on King Island after decades

The Dolphin Mine on King Island, rich in tungsten vital for military use, is reopening as global wars escalate, marking its historical pattern of activity during major conflicts.

19 Aug 2026
TL;DR

Nifty 50 firms still pay women less in fiscal 2026

Five out of six Nifty 50 companies reported a persistent gender pay gap in FY26, with minimal progress toward parity and women concentrated in junior roles and non-core functions.

19 Aug 2026
TL;DR

FedEx, UPS and DHL refund customers after Supreme Court ruling

Shipping giants FedEx, UPS, and DHL have started distributing refunds from Trump's overturned tariffs, but consumers may face challenges in receiving their share.

19 Aug 2026
TL;DR

Dreyer's recalls Outshine fruit bars over possible glass contamination

Dreyer’s Grand Ice Cream has recalled specific Outshine Fruit Bars due to potential glass contamination, affecting nationwide lots with expiration dates from June to November 2027.

19 Aug 2026
TL;DR

Velaura AI raises $110 million Series A, surpasses $1B valuation

Velaura AI secured $110 million in Series A funding, led by Seligman Ventures, valuing the chip design startup at over $1 billion for its energy-efficient AI technologies.

19 Aug 2026
TL;DR

CCI clears General Atlantic to raise Acko stake above 25%

The Competition Commission of India (CCI) has approved General Atlantic's proposal to acquire over 25% stake in Acko Technology & Services through a rights issue.

19 Aug 2026
TL;DR

SC to hear Bharti Airtel, Vodafone Idea 3,300cr bank guarantees

The Supreme Court will rule on pleas by Bharti Airtel, Vodafone Idea, and others seeking ₹3,300 crore in bank guarantees after the Bombay HC quashed retrospective spectrum charges.

19 Aug 2026
TL;DR

Bill Rasmussen ESPN founder dies at 93 after Parkinson's battle

Bill Rasmussen, the founder of ESPN and pioneer of 24-hour sports television, has died at 93 after battling Parkinson’s disease, leaving behind an enduring legacy in sports media.

18 Aug 2026
India

Visa brings new premium card tiers for affluent Indian customers

Visa has expanded its premium card portfolio in India with the launch of two new tiers: Visa Infinite Privilege and Visa Infinite Private.

18 Aug 2026
Uttar Pradesh

This is the most employable state in India

The India Skills Report 2026 has revealed that Uttar Pradesh (UP) is the most employable state in the country, with an impressive employability rate of 78.6%.

18 Aug 2026
Maharashtra

Why Modi government may scrap 100% duty on sugar imports

India, the world's second-largest sugar producer, is mulling a cut in its import duty on sugar.

18 Aug 2026
Bharti Airtel

Nifty 50 firms post 10-quarter high profit growth

India's Nifty 50 companies have reported an impressive average profit growth of 18% in the June quarter, a 10-quarter high.

NSE targets $55B valuation in upcoming IPO

The National Stock Exchange (NSE) is eyeing a valuation of up to $55 billion for its upcoming initial public offering (IPO). The move could make it one of India's largest market listings.

18 Aug 2026
Tata Sons

Tata Sons AGM adjourned for 1st time in history

The annual general meeting (AGM) of Tata Sons, the holding company of India's biggest conglomerate, has been adjourned due to a lack of quorum.

18 Aug 2026
Uber

Uber now lets you book train tickets in India

Uber has introduced a new feature on its app in India, allowing users to book train tickets.

18 Aug 2026
Google

Google buys data of bankrupt airline to train AI models

Google has acquired a trove of internal business data from bankrupt Spirit Airlines for $10 million.

18 Aug 2026
Federal Reserve

Gold, silver prices down 1% today: Here we decode why

Gold and silver prices have witnessed a decline of up to 1% in early trading today.

18 Aug 2026
Indian Government

India to tweak FDI rules: How will it affect businesses?

The Indian government is reportedly planning to revise its foreign direct investment (FDI) rules.

18 Aug 2026
Indian Government

Modi government's latest move threatens domination of 'Big Four' consultants

The Indian government's Finance Ministry has issued a memorandum that could change the game for government consultancy contracts.

18 Aug 2026
Axis Bank Ltd

Axis Bank revises credit card rules: How they affect you?

Axis Bank has announced a revision in its credit card terms and conditions, effective from August 28.

18 Aug 2026
Bharti Airtel

Your phone bills might go up by 10-12% soon

India's telecom sector is gearing up for a fresh wave of tariff hikes, with an expected increase of 10-12% in the next three to six months.

18 Aug 2026
Reserve Bank Of India (RBI)

Why Noel Tata plans to meet RBI before August-end

Noel Tata, Chairman of Tata Trusts and representing the majority shareholding in private company Tata Sons, is likely to meet Reserve Bank of India (RBI) officials before this month ends.

18 Aug 2026
Anthropic

Anthropic's revenue run rate soars to $65B

Anthropic's annualized revenue run rate has surpassed $65 billion, a massive jump from the $47 billion it reported in May and an even more impressive leap from around $9 billion at the end of 2025.

18 Aug 2026
Iran

Oil prices cross $91 as US-Iran ceasefire ends

Oil prices rose on Tuesday after the end of a fragile US-Iran truce.

17 Aug 2026
Bharti Airtel

Meet Shabnam Sinha, World Bank-veteran named Airtel Payments Bank chief

Airtel Payments Bank has announced a major leadership change, with Shabnam Sinha set to take over as chairperson from October 1, 2026.

17 Aug 2026
India

Festive season to generate 2.7L temporary, gig jobs in India

India's upcoming festive season is set to generate between 2.5 lakh and 2.7 lakh temporary and gig jobs, a report by Adecco India has said.

17 Aug 2026
Reliance Jio

Jio Prime membership relaunched in India: What are the benefits?

Reliance Jio has relaunched its popular Jio Prime membership in India, but with a new focus.

17 Aug 2026
India

India's unemployment hits 4-month low of 5.1% in July

India's unemployment rate has dropped to a four-month low of 5.1% in July, according to the latest Periodic Labour Force Survey (PLFS) data released by the Ministry of Statistics and Programme Implementation.

17 Aug 2026
Karnataka

Sugar prices rise, making mills favor sugar over ethanol

A surge in sugar prices has led Indian mills to prioritize sugar production over ethanol, as per their quarterly earnings calls earlier this month.

17 Aug 2026
Nifty

CAS here to stay, SEBI says as it reviews concerns

The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has said that the Closing Auction Session (CAS) is here to stay.

17 Aug 2026
Supreme Court Of India

Airlines not following fare rules could be grounded: Supreme Court

The Supreme Court has warned that airlines not complying with the Indian government's fare directions could be grounded.

17 Aug 2026
SpiceJet

SpiceJet just settled a ₹60cr payment dispute with aircraft lessor

SpiceJet has settled a payment dispute of around ₹60 crore with aircraft lessor Aviator ML.

This Temasek-backed renewable energy company plans $500M IPO in India

Temasek Holdings-backed renewable energy firm, Sembcorp Industries is gearing up to file for an initial public offering (IPO) of its Indian subsidiary, Sembcorp Green Infra Ltd.

17 Aug 2026
China

China's economy loses momentum as industrial output slows

China's economic recovery appears to be losing momentum in July, with industrial output growth slowing and retail sales rising less than expected.

17 Aug 2026
Personal Finance

Gold might hit $4,600 mark by end of August

Gold and silver prices could continue their upward trend as a weaker US dollar and a more dovish Federal Reserve are expected to boost demand for these precious metals.

17 Aug 2026
Bombay Stock Exchange (BSE)

BSE shares down nearly 5% today: Here we decode why

Shares of BSE Ltd fell by nearly 5% today, hitting a day's low of ₹3,296 on the NSE.