Business
Business News
Corporate · M&A · Industry
businessUS CPI, Rentomojo IPO, Oil Reports Highlight This Week
This week, key economic indicators like the US CPI and PPI, Rentomojo's IPO, and oil market reports will be in focus. These events are expected to influence global market sentiment amid ongoing geopolitical tensions in West Asia.
businessSchneider Electric's 917% Return: Future Growth Prospects
Schneider Electric Infrastructure has achieved a 917% return over five years, turning a FY21 loss into a Rs 213 crore profit in FY26. Investors are now focused on the company's order execution and expansion plans for sustained growth.
businessAir India Pilots Test Non-Negative for Psycho-Active Substances
Two Air India pilots tested non-negative for psycho-active substances during a Phuket-Delhi flight, raising safety concerns. The DGCA is investigating the incident to ensure compliance with safety protocols.
businessBharat NCAP 2.0 to Launch in 2027 for Vehicle Chain Crash Tests
Bharat NCAP will launch its 2.0 version in October 2027 to evaluate vehicle chain crashes, offering testing at 75% lower costs than international alternatives. This move aims to enhance India's role in automotive safety testing.
businessRobert Kiyosaki Faces Debt Issues Despite Book Success
Robert Kiyosaki, author of 'Rich Dad Poor Dad', is reportedly facing financial difficulties due to underperforming real estate investments. Despite the book's success, Kiyosaki's situation highlights the risks associated with real estate markets.
businessUjjivan Small Finance Bank Shares Could Surge 38%, Says ICICI
Ujjivan Small Finance Bank shares could rally up to 38%, driven by expected improvements in RoA and a 25% YoY growth in advances by FY27, according to ICICI Securities. The bank's strategic focus on operating leverage and credit cost reduction supports this optimistic outlook.
businessTBZ Shares Surge 20%, Deliver 30% Returns in Five Days
TBZ shares hit a 20% upper circuit, delivering a 30% return in five days. The surge is driven by strong quarterly earnings and strategic growth initiatives, boosting investor confidence.
businessAugust Auto Sales Surge: Hyundai and M&M Lead the Charge
In August, Hyundai Motors and Mahindra & Mahindra led the Indian auto industry's growth, with Hyundai's domestic sales up 26% and M&M's overall sales jumping 50%. The sector shows strong recovery as consumer demand rebounds.
businessBroadcom's Earnings Under Scrutiny Amid High AI Expectations
Broadcom's upcoming earnings report is under intense scrutiny as investor expectations rise following Nvidia's strong performance. The semiconductor giant's ability to meet its ambitious AI revenue targets will be closely watched, with a $16 billion benchmark for AI semiconductor revenue by fiscal 2026 in focus.
businessMid, Small-Caps Have More Headroom, Says Mihir Vora
Mihir Vora highlights growth potential in mid and small-cap stocks, emphasizing the importance of strategic stock-picking in the broader market. Investors are advised to diversify portfolios and conduct thorough research.
businessE20 Fuel Row: Supreme Court Rejects Ethanol Disclosure Plea
The Supreme Court of India has dismissed a plea for mandatory disclosure of ethanol content in petrol, supporting the government's E20 fuel policy. This decision highlights ongoing debates over consumer rights and environmental policies.
businessSBI to Dilute 1% Stake in NSE's Rs 30,000-Crore IPO
State Bank of India (SBI) and its subsidiary plan to dilute a 1% stake in the National Stock Exchange's (NSE) proposed Rs 30,000-crore IPO. This move is part of NSE's strategy to enhance its capital base and expand market presence.
businessBethlehem Kudumba Unit Sees Strong Growth on Day 9
The Malayalam film 'Bethlehem Kudumba Unit', starring Nivin Pauly and Mamitha Baiju, has shown strong growth at the box office by its ninth day. The film's engaging narrative and performances have resonated well with audiences, contributing to its success.
businessPurple Style Labs, Axis Capital Face Legal Notice Over IPO Note
Purple Style Labs and Axis Capital have received a legal notice from Pernia Qureshi over an investor note. Axis Capital has issued a revised note, asking recipients to disregard the earlier version. The incident highlights the challenges companies face during the IPO process.
businessMicrocap Chip Stock Netlist Surges 500% in 2026
Netlist shares have surged over 500% in 2026, outpacing major chip stocks like Nvidia, SanDisk, and Micron. The company's strategic advancements in memory technology have driven its remarkable growth, capturing investor attention.
businessHDFC Bank Considers Contesting NCLT's 99.97% Debt Haircut Order
HDFC Bank is considering challenging the NCLT's decision to grant Subhash Chandra a 99.97% debt haircut. The bank's claim accounts for only 3.2% of the total debt, inherited from HDFC Limited after their merger.
businessOYO Parent Prism Seeks Rs 6,650 Crore via Equity Issue
Prism, OYO's parent company, plans to raise Rs 6,650 crore through equity shares. The company reported a four-fold increase in net profit to Rs 994 crore for FY2025-26, indicating strong financial health ahead of its IPO.
businessCyient Stock: JPMorgan Sees Transformation, Morgan Stanley Cautious
Cyient is in focus as JPMorgan and Morgan Stanley offer differing views on its stock. JPMorgan is optimistic about the company's transformation efforts, while Morgan Stanley remains cautious, awaiting execution results.
businessZoom's Growth Stalls Despite New Office Collaboration Tools
Zoom has expanded its product line to include corporate phone systems and contact center software, aiming to enhance office collaboration. However, the company projects only modest growth, facing competition from established players like Microsoft Teams.
businessUS Considers 7.5% Tariffs on China for Overcapacity Issues
The Trump administration is considering a 7.5% tariff on China due to excess capacity concerns, ahead of President Xi Jinping's visit to the U.S. This move is part of a broader investigation under Section 301 of the Trade Act of 1974.
businessUS Proposal to Scrap H-1B Grace Period Raises Concerns
The DHS has proposed eliminating the 60-day grace period for H-1B visa holders who lose their jobs, potentially impacting Indian professionals significantly. This move could lead to increased uncertainty and force many to leave the US abruptly.
businessKhalifa: The Ruler Steady at Box Office, Prithviraj Shines
'Khalifa: The Ruler' maintains a steady box office performance over its first weekend, marking a successful collaboration between Prithviraj Sukumaran and director Vysakh. The film also features Neil Nitin Mukesh's debut in Malayalam cinema.
businessMonsoon Deficit Narrows, Kharif Sowing Recovers: Macquarie
Macquarie reports a moderation in food-supply and inflation risks as India's monsoon deficit narrows and kharif sowing recovers. This development reduces concerns over potential crop risks and stabilizes food prices.
businessCorporate Actions This Week: Key Announcements from Major Firms
This week, major Indian companies like P&G Health, Gillette India, and PFC announced significant corporate actions, including dividends and board meetings. These actions are set to influence market dynamics and investor sentiment.