Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
Great Eastern Shipping shares fell more than 4% during trading on the day of the company’s annual general meeting. Management said disciplined capital allocation would guide future decisions on deploying cash and…
The Reserve Bank of India has retained Tata Sons among 17 upper-layer non-banking financial companies for 2026-27, subjecting it to enhanced regulatory requirements. The RBI said the classification does not prejudice Tata…
PhonePe has launched a fixed deposit distribution platform on its app, letting users compare and book FDs from multiple banks and NBFCs. It also introduced a Daily Recurring Deposit (RD) with Shivalik…
The Sensex rose 373.76 points, or 0.48%, to 78,954.76 on Thursday, while the Nifty added 11.35 points, or 0.05%, to close at 24,636. Reliance Industries, ICICI Bank and State Bank of India…
Shiprocket will open its Rs 1,617.59 crore initial public offering on 12 August 2026, with bidding closing on 14 August. The price band is Rs 92-97 per share, and retail investors must…
The Taxation and Other Laws (Amendment) Bill, 2026, proposes a 15-year income tax exemption for eligible foreign companies trading rough diamonds through Special Notified Zones. The exemption would cover income from sales…
AMD shares fell 8.5% in premarket trading after the chipmaker beat Wall Street’s second-quarter estimates, as investors sought stronger evidence of AI growth. Revenue rose 50% year on year to $11.5 billion,…
MV Electrosystems closed nearly 47% above its IPO price after listing at a 22% premium on the BSE and NSE. The stock ended at Rs 622.75 on the BSE and Rs 624…
Navin Fluorine International’s shares rose 14% to Rs 8,648 in intraday trade after the specialty chemicals maker reported a strong June-quarter performance. Consolidated net profit doubled to Rs 243.31 crore from Rs…
Cummins India’s first-quarter revenue exceeded analyst estimates, but commodity costs pushed margins to their weakest level in more than three years, according to NDTV Profit. Brokerages said earnings missed expectations despite the…
