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Godfrey Phillips rose over 6% to Rs 2,269.90 on the NSE, putting the stock on track for its biggest single-day gain since April 29. ITC shares also climbed more than 4% to Rs 293. ITC on Friday reported a 27% year-on-year (YoY) fall in standalone net profit at Rs 3,579 crore for
July turned out to be an action-packed month for the Indian startup ecosystem. The biggest headline came from Skyroot Aerospace, which became the first Indian private company to launch a rocket into space. On the unicorn front, the country welcomed its 132nd unicorn and the third
Starting today, the Securities and Exchange Board of India (Sebi) and the National Stock Exchange (NSE) will introduce the Closing Auction Session (CAS) for eligible Futures & Options (F&O) stocks. The new framework changes how closing prices are determined for these stocks and e
Penny stock under ₹1: GACM Technologies share price hit 8.70% upper circuit on NSE in Monday's trading session after the company said it has executed MoU with Meridian Intelligence Private Limited. The penny stock opened at ₹0.75 apiece today, as compared to previous close of ₹0.
Vedanta had demerged into five listed entities, effective since May, which consist of Zinc India, Zinc International, Copper and Facor as major businesses. According to the brokerage, higher commodity prices have lifted EBITDA for the company and its demerged entities. Vedanta re
Samsung Electronics and rival SK Hynix, two major chipmakers which account for more than half of the Kospi index, shed around 8% each. As a result, Kospi plunged over 5% to close at 6,257. The index still remains 45% up in 2026 so far, although it has fallen more than 33% from it
Man Utd boss Skinner leaves role before WSL season - Published Manchester United manager Marc Skinner has left his position by mutual consent before the start of the Women's Super League season. The 43-year-old has been in charge of United for five years and led them to their fir
Trump suggests new talks with Iran to begin on Monday - Published US President Donald Trump has said new talks with Iran will begin on Monday, after calling off what he said would have been "massive" strikes on the country. "They knew the extent of the attack because they saw it
Heat health alerts in England as temperatures set to reach 34C - Published Amber and yellow heat health alerts are now in effect across much of England, with temperatures expected to reach 34C in some areas. The amber alerts, external, issued by the UK Health Security Agency (UKH
Newcastle sign Braga keeper Hornicek for £25.7m - Published Newcastle United have signed goalkeeper Lukas Hornicek from Braga for £25.7m. Although Newcastle had already brought in 20-year-old Ewen Jaouen from Reims this summer, the club had also been in the market for a more esta
AI startup Sarvam is set to raise $74 million (around Rs 700 crore) in an extension of its Series B round, led by NVIDIA Corporation, with participation from Glade Brook Capital, Gaja Capital, Indigo Ventures, and other investors. The development comes soon after Sarvam raised $2
U.S. President Donald Trump said negotiations with Iran will begin Monday after he held off on new strikes against the Middle Eastern country, once again raising hopes for a diplomatic resolution to the conflict that has upended energy supplies. "Now what we're doing is we're tal
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Uefa threatens Fifa with legal action over investment plan - Published Uefa has threatened legal action over Gianni Infantino's scrapped plans to sell off stakes in Fifa competitions to private investors. The English Football Association is also set to write to Infantino withdraw
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Investor sentiment also remains upbeat in the grey market. The IPO is currently commanding a Grey Market Premium (GMP) of Rs 80, or nearly 30% over the upper price band, indicating expectations of a strong stock market debut. The Rs 177.81 crore public issue comprises a fresh iss
Flipkart is set to launch its food delivery service in Bengaluru by mid-August, with the ecommerce major planning to charge restaurants a commission of 10-11% per order, sources told Inc42. The development marks Flipkart's formal entry into India's online food delivery market, wh
In a filing with the exchange, the company reported a consolidated net loss of Rs 791 crore for the first quarter of FY27, marking nearly a 34% year-on-year decrease from the Rs 1,197 crore net loss reported in the year-ago period. Also Read | Swiggy shares plunge 6% even as loss
Small-cap stock under ₹50: Blue Cloud Softech Solutions share price jumped as much as 1.74% on BSE in Monday's trading session after the company signed an MoU with the Government of Liberia. The small-cap stock opened at ₹19.88 apiece today, as compared to the previous close of ₹
Foreign portfolio investors (FPIs) turned net buyers in India’s secondary cash market in July for the first time in five months, injecting ₹6,731.97 crore since the West Asia conflict broke out on 28 February. Combined with ₹35,099 crore in purchases by domestic institutional inv
Domestic sales increased 28% to 33,876 units from 26,432 a year earlier, while international volumes more than doubled, rising 128% to 5,765 units. Nomura highlighted that Tata Motors’ management lowered its LCV industry outlook to flat in 2026 while MHCV demand remained unchange
The brokerage said that the growth has outpaced its expectation of 7% and reiterated its top Nifty picks, including Bharti Airtel, SBI, ICICI Bank, M&M, Titan, Eternal, Shriram Finance, Bajaj Finance and InterGlobe Aviation, its said in its August strategy note. The brokerage sai
The newly introduced offshore five-year Chinese government bond futures began trading on Hong Kong Exchanges and Clearing (HKEX), making them the only such contracts listed outside mainland China. The contracts are denominated, traded and settled in yuan. The launch follows Beiji
US and Japan take action to prop up yen in rare joint move - Published Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen after it fell to a fresh 40-year low. The joint intervention is the first since 2011, when both countries took
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Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention, with analysts pointing to concerns over U.S. Treasury markets and Japan's financial system. Tokyo has grown increasingly wary of the ye
After selling for four consecutive months, foreign portfolio investors (FPIs) bought Indian stocks worth ₹20,200 crore in July, as per NSDL data. Net-net, FPI inflow, including equities, debt, hybrid, mutual funds, alternative investment funds (AIFs), for July stood at ₹40,031 cr
Muthoot Finance’s stock tanked as much as 10% on Monday after its reported net interest margin dropped sequentially by 297 basis points to 10.41% in the June quarter (Q1FY27), leading to downgrades in earnings estimates. A lower yield on gold loans played spoilsport for the gold
Astrotalk's e-commerce arm Astrotalk Store has reached a daily GMV run rate of around Rs 1 crore and processed 1.6 million orders in 2025, according to the company. It has also launched a dedicated platform for gemstones as it looks to expand its presence in the spiritual product
Muthoot Finance share price tumbled more than 11% on Monday, 3 August, despite the company reporting robust Q1 FY27 earnings. The gold loan-focused NBFC posted a 43% year-on-year rise in consolidated net profit to ₹2,825 crore for the June quarter, compared with ₹1,974 crore in t
Burnham pledges to be 'relentless' in curbing small boat crossings - Published Andy Burnham has pledged his government will be "relentless" in curbing the number of people arriving in the UK on small boats. The prime minister said progress had been made and the government was "ch
Glasgow hailed for saving Games as baton passes to Amdavad - Published The man responsible for delivering Glasgow 2026 said the city had "saved and reinvented" the Commonwealth Games, three years after its future was plunged into doubt. Ahead of Sunday's closing ceremony - which
Listen to this article in summarized format Standalone assets under management (AUM) grew 43% year-on-year (YoY) and 6% quarter-on-quarter (QoQ), while consolidated AUM rose 43% YoY and 5% QoQ. The moderation followed eight straight quarters of exceptionally strong growth driven
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Coffee equipment and services provider Kaapi Machines has secured an equity infusion of Rs 50 crore from Sedna HoReCa (Sedna), a private equity backed B2B HoReCa solutions provider, while also entering into a strategic partnership. The partnership is expected to expand Kaapi Mach
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Listen to this article in summarized format Microsoft reclaimed the title of the world's most valuable listed company after a blockbuster rally following its latest earnings. The stock added nearly $450 billion in market value in a single session, overtaking Nvidia as investors c
Aung San Suu Kyi appears healthy in first confirmed outside contact for 2.5 years - Published Detained Burmese leader Aung San Suu Kyi has been allowed to meet a delegation from the International Federation of the Red Cross, the first confirmed outside contact with her since a le
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Fintech platform MobiKwik announced its quarterly results today. The company reported a marginal increase in operating revenue and turned profitable, posting a net profit of Rs 7.6 crore in the quarter, compared to a net loss of Rs 42 crore in the corresponding quarter last year.
Listen to this article in summarized format The company’s revenue from operations came in at Rs 281 crore for the quarter under review, an increase of 4% from Rs 271 crore reported in the corresponding quarter of the previous financial year, MobiKwik said in a regulatory filing.