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Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has raised Rs 306 crore from anchor investors ahead of its initial public offering (IPO). The company allotted 53.21 lakh equity shares to 10 anchor investors at Rs 575 each, the upper end of its IPO price band. The i

AI - security Industry that built the problem offers to sell you the solution100+ tech giants warn AI attacks are coming, skip the part where they pay for defenses - SYSTEM

Mukesh Ambani-backed Alok Industries witnessed a sharp decline of 11.51% on Friday, hitting a fresh 52-week low of ₹9.16 per share at the close. The textile stock has remained under pressure over the past five trading sessions, losing more than 21% during the period. Alok Industr

While the strength reflects renewed buying interest and optimism over demand from key sectors such as solar energy, electronics, and electric vehicles, uncertainty surrounding global economic growth and monetary policy continues to influence sentiment. The sharp recovery has rais

US Navy launches missiles from its first drone sailboat — Saildrone Surveyor launches dual JAGM missiles, carrier strike group tests armed USV and electronic warfare Successful live-fire tests took place near Hawaii during the recent RIMPAC 2026 exercises. The U.S. Navy successfu

Kevin Warsh speech: After the long-awaited US Fed Chairman Kevin Warsh's Jackson Hole speech at the Fed’s annual conference, US Treasury yields skyrocketed along with the US dollar, putting pressure on other assets like equities, gold, silver, bitcoin, and other cryptocurrencies.

Over the past 24 hours, Bitcoin was down 2.5%, while Ethereum fell 1.9% to trade at $2,430. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and Cardano declined by up to 4.2%, while Tron gained Also Read | Bitcoin falls 30% as Google, gold and defence stocks outperf

This week, 24 Indian startups raised $218.69 million across 2 growth-stage deals, 22 early-stage deals and 2 undisclosed rounds. The week also saw 7 key hires, 2 mergers & acquisitions, 2 fund launches and 350 employees got laid off. In contrast, 21 startups had collectively secu

Listen to this article in summarized format The IPO is expected to comprise a fresh issue of up to 27 crore equity shares, with no offer-for-sale component. As a result, the funds raised will flow directly to Jio Platforms. The company plans to use the proceeds to repay part of t

Retail investor participation in the Indian equity markets continues to demonstrate strong momentum, with millions of individual investors expanding their presence across key sectors. In the first quarter of the financial year, several prominent listed companies recorded a substa

Listen to this article in summarized format That number determines mutual fund NAVs, influences the Nifty and Sensex, and settles expiry-day derivatives. If the closing price is distorted, the consequences do not end with traders. They travel quietly through the financial system.

EV maker Ather Energy has launched its new Konarc electric scooter at a starting price of ₹99,999 as it looks to deepen its presence in the mass-market electric two-wheeler segment. Unveiled at the company’s annual Community Day, the Konarc is the first scooter built on Ather’s n

Listen to this article in summarized format The shift in expectations extends beyond the September meeting. For the meeting on October 28, traders are pricing in a 70% probability of a rate hike. By the final meeting of the year in December, traders are baking in nearly a 90% cha

Expert view: Hemant Kanawala, senior executive vice president and head of equity at Kotak Life Insurance, sees selective value in the Indian stock market, as valuations remain full-to-rich across large parts of the market. In an interview with Mint, he expects moderate positive r

India’s markets regulator has cleared the way for the proposed initial public offering (IPO) of Jio Platforms Ltd, setting the stage for what could potentially become the country’s largest stock market listing. The Securities and Exchange Board of India (Sebi) issued its observat

Listen to this article in summarized format Wall Street is making it cheaper and easier for investors to swap large crypto holdings for shares in exchange-traded funds, allowing them to retain exposure to Bitcoin while moving their wealth from private wallets and crypto platforms

The shift comes even as overall housing sales across India’s top cities moderated in the first quarter of 2026, with affordability pressures, elevated property prices and cautious buyer sentiment weighing on demand in several markets. However, premium and luxury housing continued

The Rays of Belief IPO is set to open for subscription on Tuesday, 1 September. The Rays of Belief IPO GMP today, or grey market premium, stands at ₹29, indicating positive sentiment in the unofficial market. Founded in 2017, Rays of Belief Ltd. is a for-profit social enterprise

Vanguard Fund’s portfolio is making a strong statement in the Indian equity market — and the numbers speak for themselves. Ranked among the top three active foreign institutional investors (FIIs) in the country, Vanguard has built a substantial portfolio of Indian equities throug

AI - security Industry that built the problem offers to sell you the solution100+ tech giants warn AI attacks are coming, skip the part where they pay for defenses - SYSTEM

Listen to this article in summarized format More than 25 IPOs are expected to be launched during the month, one source said. The list includes a mix of large issuers, mid-sized companies and sector-specific plays across digital platforms, financial market infrastructure, healthca

Buy or sell stocks for 31 August 2026: The Indian stock market ended the week on a cautious note, extending their recent corrective phase as concerns over global interest rates, geopolitical uncertainty, and volatility surrounding the new Closing Auction Session weighed on invest

Sensex gained 331 points to close at 77,264 while Nifty 50 rose around 85 points to end the session at around 24,176 on Friday. The broader markets also closed in the green as India VIX, which measures market volatility, dropped more than 4%. Analyst Sudeep Shah, Vice President a

Listen to this article in summarized format Of the eight companies scheduled to list next week, five have already completed their IPOs and are set to list. The remaining three companies with issues currently open for subscription will close their IPOs next week before listing. Th

Listen to this article in summarized format Suyash Choudhary, CIO – Fixed Income at Bandhan AMC, said the minutes of the RBI’s latest policy meeting have made the market increasingly focus on when rate hikes could begin rather than if they will happen. According to Choudhary, the

Listen to this article in summarized format IndusInd Bank Ltd. ended at 1,002.9 rupees on the National Stock Exchange of India Ltd. after the 20-minute auction window closed, while falling more than 3% on the BSE Ltd. to 970 rupees. The gap of nearly 33 rupees was the widest in m

Expert view: As foreign portfolio investors (FPIs) have turned net buyers of Indian equities since July this year, Vikas Gupta, CEO and Strategist at OmniScience Capital, believes non-AI diversification could drive more FPI inflows to India. In an interview with Mint, Gupta said

In-memory compute has been an attractive proposition for many years because compute within a memory chip can exploit its higher internal bandwidth. Additionally, in-memory compute avoids the long latency path between DRAM and traditional compute cores. At Hot Chips 2026, Samsung

Stocks to buy under ₹100: The key benchmark of the Indian stock market remained volatile during the week and continued to trade within a broadly range-bound structure. The Nifty 50 extended its losing streak to three consecutive weeks. Market sentiment remained cautious amid elev

Over the five trading sessions ending August 28, the Sensex benchmark declined 0.36%, or 276 points, to close at 77,264, falling in three of the five sessions. Despite the broader market decline, around 35 stocks from the BSE SmallCap index advanced in each of the five consecutiv

Listen to this article in summarized format What stands out this time is that the earnings improvement is not being driven solely by lower provisions. Loan growth has remained healthy across both secured and unsecured segments, while credit costs have normalised faster than antic

Aakash Educational Services (AESL) continued to deliver strong academic results in FY26, with its students securing nine ranks in the JEE Advanced 2026 Top 100 and 41 ranks in the NEET Top 100. However, this performance did not translate into meaningful financial growth as the te

Five key stocks, including BSE and Muthoot Finance, recorded strong revenue growth over the past year, with gains of up to 64%. Here is the detailed breakdown, based on data reported by ET Wealth as of August 20, 2026. BSE recorded a 64.2% increase in revenue over the past year.

Meta's watershed social media trial just wrapped up in California, but now attention is shifting to the wider industry with TikTok, YouTube and Snap next on the firing line. The Instagram and Facebook owner settled in week two of a trial brought by a coalition of tens of U.S. sta

Meta's watershed social media trial just wrapped up in California, but now attention is shifting to the wider industry with TikTok, YouTube and Snap next on the firing line. The Instagram and Facebook owner settled in week two of a trial brought by a coalition of tens of U.S. sta

Brent crude futures settled 39 cents, or 0.43%, lower at $89.31 a barrel, while West Texas Intermediate crude futures fell 13 cents, or 0.16%, to settle at $83.40 a barrel. For the week, Brent declined more than 5%, while WTI fell more than 4%. Oil prices came under additional pr

Since starting as chair several months ago, Warsh has made clear he plans to pare back the Fed's communications, including no longer indicating the central bank's interest rate path through forward guidance, a position he re-emphasized on Friday. But investors were hopeful that W

Listen to this article in summarized format Investors were focused on the monthly U.S. employment report, due on September 4, and on whether the jobs data would offer hints about the U.S. Federal Reserve's plans for interest rates in coming months. "As we're starting to get close

Spot gold was down 2.9% at $4,567.23 per ounce by 01:44 p.m. EDT (1744 GMT), its lowest level since August 20. U.S. gold futures for December delivery settled 2.9% lower at $4,529.9. Bullion has fallen 2.9% this week after today's decline, pulling back from the more than three-mo

Brent crude futures settled at $89.31 a barrel, down 39 cents, or 0.43%. West Texas Intermediate crude futures finished at $83.40 a barrel, down 13 cents, or 0.16%. For the week Brent settled down by more than 5% and WTI by more than 4%. Following comments by new Fed Chairman Kev

French lenders Societe Generale, BNP Paribas and Credit Agricole rose between 1% and 1.9%, after slumping in the prior session. EssilorLuxottica gained 2.4% after announcing a share buyback plan. Luxury stocks firmed 2.3%, recording their best day in more than a month. Still, fre

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The BSE Sensex rose 330.91 points, or 0.43%, to close at 77,264.51, while the NSE Nifty gained 84.80 points, or 0.35%, to 24,175.65. August saw the culmination of the June quarter results by the middle of the month, and the results were well accepted by the markets as the positiv