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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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Sensex tumbles 500 points: What's dragging markets down today?
The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
SBI, subsidiary to divest up to 1% stake in NSE
The State Bank of India (SBI) and its subsidiary, SBI Capital Markets Ltd plan to sell up to a 1% stake in the National Stock Exchange (NSE).
Warren Buffett turns 96: Here are his top investing lessons
Warren Buffett, the legendary investor and former CEO of Berkshire Hathaway, turns 96 today.
FPIs invest almost ₹30,920cr in Indian equities this August
Foreign portfolio investors (FPIs) have pumped ₹30,919 crore into Indian equities in August.
Market cap of India's top 7 firms down ₹1.13L crore
The combined market capitalization of seven out of the top 10 most-valued companies in India fell by ₹1.13 lakh crore last week.
You can't use American Express's Reward Multiplier program from October
American Express has announced the discontinuation of its Reward Multiplier program in India, effective September 30, 2026.
Strait of Hormuz crisis: India paid $22B extra for fuels
A study by the Centre for Research on Energy and Clean Air (CREA), has revealed that India was among top 20 countries with highest gross additional costs for fuel during the Strait of Hormuz crisis.
Will Air India get new funding from Singapore Airlines?
Singapore's state-owned investment firm Temasek has backed Singapore Airlines's (SIA) long-term strategy in India.
US to acquire 35% stake in Venezuelan oil firm
The US government is planning to acquire a 35% passive stake in North American Blue Energy Partners, an energy company owned by Venezuelan businessman Alejandro Betancourt.
Why Anthropic has been sued by Sony Music, Warner Chappell
Sony Music Publishing, Warner Chappell, and several other music publishers have sued AI lab Anthropic and its co-founders Dario Amodei and Benjamin Mann.
US Fed's Jackson Hole conference ends: What are the takeaways?
The Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyoming, has come to a close.
HDFC Bank MD Sashidhar Jagdishan to retire in October
Sashidhar Jagdishan, the Managing Director and CEO of HDFC Bank, has announced his decision not to seek reappointment. He will retire from his position on October 26, 2026.
Musk's Starlink gets 10-year license to operate in UAE
The United Arab Emirates (UAE) has awarded Elon Musk's Starlink a decade-long license to set up and run a public satellite communications network.
These financial institutions are opposing Subhash Chandra's ₹6.25cr repayment plan
Canara Bank, Union Bank of India, and LIC Housing Finance are challenging an National Company Law Tribunal (NCLT) order approving Essel Group Chairman Subhash Chandra's ₹6.25 crore repayment plan.
FSSAI proposes red warning labels for unhealthy food items
The Food Safety and Standards Authority of India (FSSAI) has proposed a new labeling system for unhealthy food products.