Market News

API Holdings repays ₹1,050 crore, frees Thyrocare shares from pledge

Diagnostic chain Thyrocare has sold 1.58 crore Thyrocare shares, representing around 9.90 percent of the company’s paid-up equity capital, through market trades

India Inc. delivers strongest earnings in 10 quarters; markets stay in the red

The Nifty 50 settled at 24,287.65, down 78.35 points or 0.32%, while the Sensex slipped 0.36 per cent to close at 77,728.16

REIT quarterly distributions cross ₹3,000 crore as listed universe expands

Stronger leasing, occupancy and portfolio additions support distribution growth; six listed REITs have now crossed ₹34,800 crore in cumulative payouts

Positive inflows into gold ETFs continue for the 4th week in a row

Though the yellow metal did not gain much last week, investors’ interest was sustained by prices ruling near $4,400/ounce

El Nino seen deepening India’s rainfall deficit through Sept

European forecaster says best of monsoon over for India; overall shortfall at 13%

FCNR(B) inflows stabilise rupee but fail to trigger 2013-style rally

Heavy foreign-currency inflows have strengthened the central bank’s ability to manage volatility, but broader global forces continue to shape exchange rates.

India’s pulses imports down a tad during in H1 this year

Chana and urad imports decline, while tur and masoor shipments witness a rise

One in five Nifty 50 CEOs in the ₹50-crore salary club

HCL Tech CEO highest paid in FY26; Asian Paints MD & CEO got highest increase in pay packet at 179 per cent.

India’s kharif crop area 21 lakh hectares less than a year ago as pace of sowing slows

Acreage of all crops reaches 92% of normal even as deficit shrinks to less than 1%; paddy coverage trails 3%

El Niño seen deepening India’s rainfall deficit through September

Current lean rainfall trend over large parts of could persist through September as El Niño strengthens its influence on the monsoon, according to ECMWF

Juniper Hotels eyes acquisitions, new brand tie-ups for growth

The company aims to double the number of rooms in its properties to 4,000 by FY31

Voltas to set up a joint venture with Atomberg to manufacture AC compressors

Mukundan Menon, MD, Voltas, said that under this joint venture, there are plans to set up a plant in Chennai to manufacture compressors

Paytm promoter entity Resilient Asset Management to sell up to 4.98% stake

One97 Communications, parent of Paytm, announced a filing revealing that Resilient Asset Management, owned by CEO Vijay Shekhar Sharma, intends to sell up to 4.98% of its stake.

Shorter-tenor SLB contracts may boost closing auction participation

Move by NSE, BSE Clearing comes as SEBI pushes for greater participation in new closing auction mechanism

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equities extended losses, with Sensex falling 281 points and Nifty declining for a fifth session. Analysts flagged crude prices, Strait of Hormuz tensions and Fed minutes as key drivers. Broader markets gained, while market breadth remained bearish with more declines than advances.

ECMS expanded with nod for31 projects at ₹7,877 crore outlay

To be spread across 10 States including Goa, Gujarat, Telangana, Tamil Nadu, Uttar Pradesh and Uttarakhand

Rising energy cost poses a risk to economic growth, says Birla

Kumar Mangalam Birla, Chairman of UltraTech Cement, noted that risks to India’s GDP growth have increased in FY27 due to rising energy prices and trade disruptions from the West Asia conflict

Eden Realty plans to invest ₹300 crore in a five-star hotel and villa-style resort along the Hooghly River

The villa-style resort will be adjacent to the AJC Bose Indian Botanic Garden, Howrah

CM Revanth Reddy inaugurates Telangana Institute of Medical Sciences

State govt to add an addtional 10,000 hospitals beds with expansion of public health infrastructure

ICICI Bank raises $750 million as Indian banks tap dollar bond market

ICICI Bank raised $750 million through five-year dollar bonds at 105 basis points over US Treasuries, marking its second dollar issuance in a month. Strong institutional demand helped tighten pricing, while Kotak Mahindra Bank and Yes Bank prepare international bond issues.

Editorial. Trading charges

India should call out US’ ‘transshipment scam’ report

Letters to the Editor dated August 17, 2026

Jio offers tariff certainty with Prime subscription till September 2027

Prime membership will be separate from the ₹299 plan and will offer benefits like Google Gemini Pro and 5,000 GB of cloud storage

Eight people, mostly pilgrims, die after fire broke out at hotel in temple town of Tarapith

Police detained one person for alleged lapses in the maintenance of the hotel’s fire-fighting system.

Bain Capital sells 5.64% unitholding in Embassy Office Parks REIT for Rs 2,325 crore

Bain Capital recently sold a 5.64% stake in Embassy Office Parks REIT for Rs 2,325 crore, offloading more than 53 million units. In response, Embassy REIT is gearing up to purchase between ten to twelve million square feet of additional office space, while also developing 6.2 million square feet of new office environments. The company celebrated a 17% yearly growth in net operating income, highlighting its strong performance.

Can Shanti caps deter courts from fixing higher compensation, SC asks petitioners

Petitioners say investment should not be at the cost of safety of thousands of lives

EyePoint's drug for age-related eye disease fails late-stage trial, shares tank 70%

EyePoint's experimental drug Duravyu failed a late-stage trial for a serious eye disease. The company's shares dropped significantly after the disappointing trial results were announced. This failure impacts EyePoint's goal to compete with Regeneron's successful Eylea treatment. Analysts suggest investors will await further study confirmation for the drug's viability. EyePoint plans a new trial and FDA submission for approval in 2027.

Following live trading strategies on social media? Sebi has a warning for you

Sebi warned investors against relying on live trading strategies and real-time stock tips shared on social media, saying such sessions may involve unregistered advisory services. The regulator urged investors to avoid such advice and deal only with Sebi-registered intermediaries.

Karnataka plans 1,736-acre land acquisition to expand Tumakuru industrial node

Patil was speaking virtually at the third meeting of the Apex Monitoring Authority of the National Industrial Corridor Development and Implementation Trust, chaired by Union Finance Minister Nirmala Sitharaman.

When AI becomes the boss: Firing decision raises questions over workplace AI

Industry experts noted that AI can aid in people management but should serve as a decision-support tool, not the decision-maker, for career-impacting choices

Military drone security framework awaits MoD approval 18 months after draft was first published

The Ministry had swung into action after a series of investigative stories by businessline starting August 27, 2024

Axis Bank prices its Senior Notes aggregating $300 million at 5.179%

These Senior Notes form part of the private sector banks’ $5 billion Global Medium Term Note programme.

Meine Electric to deploy its first pilot Iron-Air Battery system at NTPC Simhadri Thermal Power Station

The study is expected to generate operational data and insights into the suitability of the technology for long-duration energy storage applications

Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount

Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares.

NTA to hire 10 top-level professionals after UGC-NET paper errors

Domain specialists are being brought in from the private sector as part of overhaul

Mumbai Transport Alert: BEST Employees Announce Indefinite Strike Starting Aug 18

BEST employees will begin an indefinite strike from August 18 over long-pending demands related to wages, pay parity, financial support and retirement benefits.

Apple Ordered To Pay Rs 45,500 Refund Over Faulty iPhone 15 In Haryana

The Rohtak consumer commission ordered Apple India to refund Rs 45,500 after an iPhone 15 dispute over overheating, Bluetooth and network issues.

German Bund yield hits 15-year peak, France's at highest since 2009

Bond yields in the Euro zone are on the rise amid growing inflation and concerns over fiscal spending, with French yields hitting their highest since June 2009. Investors are anxious as markets expect the US to apply economic pressure on Iran rather than pursue military action. Meanwhile, rising oil prices continue to fuel inflation, and the European Central Bank's deposit rate is projected to increase by March 2027.

Mavrix Makes the Case for Trusted Human Evidence in the AI Era at Quirk's New York

Mavrix Makes the Case for Trusted Human Evidence in the AI Era at Quirk's New York

Azure Power Global Limited to hold 2026 Annual Meeting on September 30, 2026

Azure Power Global Limited to hold 2026 Annual Meeting on September 30, 2026

Grid planning should focus on rolling transmission plans linked to RE additions: IWTMA

The IWTMA report highlighted that timely grid connectivity is essential to ensure that completed wind projects can be commissioned without delay

Market Trading Guide: Hindustan Copper among 2 stock recommendations for Tuesday

Analysts recommend Hindustan Copper and Concord Biotech after both stocks broke key resistance levels with strong price action, volume and bullish momentum. Despite energy-led cost pressures, stronger Q1FY27 earnings and pricing actions could support upgrades, though margin risks remain from higher-cost inventory.

Jana Nayagan Box Office Collection Day 25: Vijay Film Keeps Going Strong Into Fourth Weekend

The latest update tracks Vijay-starrer Jana Nayagan's performance on its fourth Sunday, including its overall occupancy and language-wise contribution.

Paytm Block Deal: Resilient Asset Management To Sell Up To Rs 4,900-Crore Stake; Floor Price Fixed

Resilient Asset Management held a 10.2% stake in Paytm as of the quarter ended June, according to the shareholding data.

Apple iPhone Fold Expected In September With iPhone 18 Pro — What We Know

Apple's foldable iPhone could launch with the iPhone 18 Pro, but limited production may delay pre-orders and availability in some markets.

Mopshop Distribution IPO opens August 19, price fixed at Rs 138 per share

The facility management supplies company plans to deploy most of its fresh capital toward deleveraging while expanding logistics and sustainable infrastructure.

Netweb Technologies QIP In Focus: Rs 4,885.90 Floor Price Set, 5% Discount On Cards

The final issue price will be determined by Netweb Technologies in consultation with the book-running lead managers appointed for the QIP.

ED asks homebuyers to report builders who withhold RERA details or demand cash

The advisory follows an asset attachment in an alleged property fraud case involving an Ahmedabad-based real estate company and its promoters.

Sunshine Pictures raises ₹85 crore from anchor investors ahead of IPO launch on Tuesday

Sunshine Pictures raised ₹84.64 crore from anchor investors for its IPO. The public offering includes a fresh issue of 4.8 million shares at ₹342-360 each. 50% of shares are reserved for QIBs, with allocations finalized by August 21, and listings on August 25.

Elgi’s new 3-lakh-sq-ft automated global fulfilment centre to go live in September

Company says it offset Q1 commodity cost inflation by higher volumes and is working on various levers of cost management

TN Industries Minister Keerthana seeks greater central support for industrial development

The meeting reviewed the progress of industrial corridor projects and discussed measures to accelerate industrial infrastructure, connectivity and investment across States, said sources in the State industries department.

Gujarat releases 20 blackbucks into Kutch’s Banni Grassland

The initiative aims to rebuild the grassland’s native herbivore community and strengthen ecological processes while supporting long-term biodiversity conservation efforts

Rupee declines to a 2-week low on early closure of swap facility to attract FCNR-B deposits

Traders indicated that RBI was present in the market, stabilising the Rrupee through Ddollar sales

Spider-Man: Brand New Day Box Office Collection Day 19 — Spidey Movie Swings Through Another Strong Week

The latest box office update covers Tom Holland's Spider-Man: Brand New Day's performance across different languages and tracks its shows, occupancy and overall India collections.

'We Are Going To Win': Trump Makes Cryptic '2028' Post Amid Third Term Speculations

Trump shared an image of himself wearing a cap with the words 'Trump 2028' printed on it, while "we will win" was written on the side of the image.

US Stock Market Today: S&P 500, Dow Slip But Nasdaq Holds Ground As AI Chip Cheer Outweighs Oil Jitters

Wall Street turns mixed as chip stocks rally on AI optimism, while rising oil prices revive Middle East inflation fears

Tata's Nelco Announces Partnership, Investment Of Rs 191.2 Crore In US-Based Lunar Holdco In Satellite Connectivity Deal

The partnership will allow Nelco to provide connectivity and compute solutions directly from Elveo's satellites to various sectors.

India seeks WTO consultations with US over 4-year quartz surface tariff quota

Says it has substantial interest in the matter; India is among the largest exporters of quartz surface products to the US

KKR Owners Ready To Revisit Hundred Investment If League Expands: Report

Kolkata Knight Riders owners could bid for a new Hundred franchise if the ECB expands the tournament from eight to 10 teams from 2029.

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