Paytm shares surge over 3% as Bernstein raises target to ₹2,200, surpassing IPO price
Aug 11, 2026, at 01:10 pm
Mumbai/IBNS: Shares of One97 Communications Ltd., the parent company of Paytm, extended their gains on Tuesday, rising 3.52% on the NSE, media reports said.
Aug 11, 2026, at 11:31 am
Mumbai/IBNS: Indian benchmark indices opened lower on Tuesday as rising crude oil prices and heightened geopolitical uncertainty weighed on investor sentiment.
Aug 11, 2026, at 04:28 am
New York/IBNS: A US federal judge has dismissed the criminal case against Indian billionaire Gautam Adani, bringing a major legal development in the long-running US bribery case, with Adani welcoming the decision and saying his faith in “truth, fairness and the rule of law” had remained unwavering throughout the challenging period.
Axis Mutual Fund launches Axis Nifty Energy Index Fund & Axis Nifty Energy ETF NFOs
Aug 10, 2026, at 06:23 pm
Axis Mutual Fund has announced the launch of the Axis Nifty Energy Index Fund and Axis Nifty Energy ETF providing investors with a simple and transparent way to participate in India's fast-evolving energy ecosystem.
Aug 10, 2026, at 06:07 pm
The RP-Sanjiv Goenka Group (RPSG) today announced that Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of ₹ INR 4859 crore (USD 509 million at ₹95.5/USD). The acquisition has been funded by the parent company.
Ashok Leyland partners with Drivn for providing financing solutions to EV customers. Details here
Aug 10, 2026, at 05:58 pm
Ashok Leyland has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles.
UPI charges coming? Govt breaks silence, reveals who may have to pay
Aug 09, 2026, at 08:07 pm
The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring users that consumer and person-to-person payments will remain free.
Invest in mutual funds on WhatsApp? UTI MF unveils first-of-its-kind solution
Aug 09, 2026, at 02:55 pm
UTI Mutual Fund, one of India's leading fund houses, has launched a first-of-its-kind milestone offering for investors to complete their entire investment journey, including payments, without leaving WhatsApp.
Cabinet clears Rs 23,731 crore GOBARdhan scheme: Big push for India’s compressed biogas revolution
Aug 08, 2026, at 02:16 pm
The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy Scheme, with a total outlay of Rs.23,731 crore.
SBI posts record ₹21,121 crore quarterly profit, loan growth tops 18 percent
Aug 07, 2026, at 06:42 pm
Public sector lender State Bank of India (SBI) on Friday reported its highest-ever quarterly net profit of ₹21,121 crore, driven by robust loan growth across key business segments.
L&T wins offshore orders from ONGC
Aug 07, 2026, at 06:14 pm
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured a batch of orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast.
Sensex crashes over 500 points, Nifty slips below 24,600 as global jitters hit Dalal Street
Aug 07, 2026, at 02:00 pm
Mumbai/IBNS: Indian equity markets witnessed a sharp sell-off on Friday, with the benchmark BSE Sensex plunging more than 500 points and the NSE Nifty 50 slipping below the 24,600 mark amid weak global cues and cautious investor sentiment.
Infosys lands 10-year AI deal with Crocs to drive global digital transformation
Aug 07, 2026, at 10:43 am
Indian IT services major Infosys has signed a 10-year strategic agreement with Crocs, Inc., the global casual footwear company, to accelerate the retailer's enterprise-wide digital transformation through AI-first technologies.
Why Swiggy shares jumped over 5% today: Inside its ₹10,000-crore FY31 growth plan
Aug 06, 2026, at 02:07 pm
Mumbai/IBNS: Swiggy shares surged more than 5 percent on Thursday after the company unveiled an ambitious five-year growth strategy at its Capital Markets Day 2026, according to media reports.
Markets open in green, but all eyes are on the Strait of Hormuz
Aug 06, 2026, at 11:13 am
Mumbai/IBNS: The Indian stock market opened marginally higher on Thursday, with gains in select heavyweight stocks offset by losses in other sectors, keeping the benchmark indices largely range-bound.
Air India appoints former Ethiopian Airlines Chief Tewolde Gebremariam as CEO & MD
Aug 05, 2026, at 10:49 pm
Air India on Wednesday appointed veteran aviation executive Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD), succeeding Campbell Wilson, who stepped down earlier this year.
UPI users alert! Charges on high-value transactions may be around the corner
Aug 05, 2026, at 06:15 pm
The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value digital payments.
Plastic money is coming! RBI targets launch of Polymer notes next financial year
Aug 05, 2026, at 04:43 pm
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to the successful completion of ongoing pilot trials.
Visa fires 2,600 employees worldwide, Indian staff shocked by early morning layoff emails
Aug 05, 2026, at 02:32 pm
Global payments giant Visa has laid off around 2,600 employees, or about 7 percent of its global workforce, with several of those affected based in India.
Ola Electric stock jumps 10%! Here's what triggered the sharp rally
Aug 05, 2026, at 12:43 pm
Mumbai/IBNS: Shares of Ola Electric Mobility Ltd. surged more than 10 percent on Wednesday after the company announced its first partnership under the newly unveiled Ola Mahashakti platform, according to media reports.
No rate cut! RBI keeps repo rate unchanged, sees 6.7% growth but warns inflation will rise
Aug 05, 2026, at 12:20 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) on Wednesday projected India's real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 in its latest Monetary Policy Statement.
Strait of Hormuz disruption rattles global energy, fertilizer and industrial trade, says ITC
Aug 05, 2026, at 09:14 am
A recent analysis has found that the disruption in the Strait of Hormuz, amid the Iran-US conflict, has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products.
Aditya Birla Health launches Activ Yuva plan, targets young adults
Aug 05, 2026, at 12:29 am
Private insurer Aditya Birla Health Insurance Company Ltd (ABHICL) on Tuesday said its newly launched Activ Yuva plan is aimed at increasing insurance penetration among young Indians aged 25 to 35 years, a demographic where coverage remains relatively low.
Visa's $2.4 billion BioCatch acquisition aims to strengthen fraud protection
Aug 04, 2026, at 06:56 pm
Visa on Tuesday announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioural-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in cash.
IMFA eyes major capacity boost as Kalinganagar Greenfield project nears commissioning
Aug 04, 2026, at 06:31 pm
Indian Metals & Ferro Alloys Ltd (IMFA), India's largest producer of ferro chrome, on Tuesday said its greenfield expansion project at Kalinganagar (KNR 1) is progressing on schedule after receiving the required Consent to Operate (CTO) and Factory Licence.
Aug 04, 2026, at 05:26 pm
Jupiter Wagons Ltd (JWL) on Tuesday announced a strategic partnership with Italy's Lucchini RS Holding S.p.A. (LRS) to establish India's first fully integrated private-sector railwheel manufacturing platform.
FSSAI orders Dabur to stop selling certain products with '100%' claims—Here's why
Aug 04, 2026, at 05:09 pm
The Food Safety and Standards Authority of India (FSSAI) has directed Dabur India Ltd to immediately stop the sale of several food products carrying allegedly misleading "100 per cent" claims, according to media reports.
L&T bags ultra-mega offshore contract from ADNOC for major Middle East project. All details here
Aug 04, 2026, at 03:22 pm
L&T Energy Hydrocarbon Offshore (LTEH Offshore) on Tuesday announced that it has secured an ultra-mega offshore contract from ADNOC Offshore for a major energy project in the Middle East.
India nears 100% banking coverage! Finance Ministry reveals major milestone
Aug 03, 2026, at 06:16 pm
The Union Finance Ministry on Monday informed Parliament that India has achieved near-universal banking coverage, with 99.92 percent of inhabited villages now served by a banking outlet.
GRSE receives ONGC contract for construction of four platform supply vessels
Aug 03, 2026, at 05:37 pm
Reinforcing India's push for self-reliance in maritime manufacturing, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has received a Notification of Award (NoA) from Oil and Natural Gas Corporation Ltd. (ONGC) for the construction of four Platform Supply Vessels (PSVs).