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Deep-tech aerospace startup Alteon has raised $2.5 million in a pre-seed funding round led by Lachy Groom, with participation from Together Fund. The round follows a recent flight test in which Alteon’s aircraft demonstrated autonomous flight within a metre of the ocean’s surface
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The HSBC India Manufacturing Purchasing Managers’ Index (PMI) survey for August paints a grim picture. The seasonally adjusted headline index fell for the third month in a row to 52.8 in August from 53.5 in July. This is the weakest improvement in the sector’s health in five year
The yield on the benchmark 6.94% 2036 bond was at 6.9559% as of 10:00 a.m. IST on Tuesday, after closing at 6.9452% on Monday. It earlier rose to 6.9653%, its highest since June 8. "Rising U.S. Treasury yields and the escalation in geopolitical risk have dealt a fresh blow to Ind
Ather’s shares have surged nearly 130% so far in 2026 and the rally continues to attract global investors, with BlackRock Global Funds acquiring less than 1% stake via open-market transactions Monday. In contrast, a Bloomberg gauge of 104 companies deriving revenues from EVs is d
Lenskart has seen another large block deal, with financial services giants BNP Paribas Financial Markets and Societe Generale among investors offloading shares worth nearly Rs 2,700 crore on August 31, 2026. According to stock exchange data, BNP Paribas Financial Markets sold 1.2
Growth prospects for oil marketing companies (OMCs) remain rocky amid the prolonged West Asia tension and Donald Trump’s recent call for sanctions against entities doing business with Iran. While the immediate market reaction was muted given that Iran exports only 0.5% of global
Bengaluru-based travel-fintech platform Niyo has signed an agreement to acquire the forex and cross-border business of Capital India Finance, which operates under the RemitX brand. The deal will bring RemitX’s branch network, distribution partners, employees and brand under Niyo.
In a consultation paper issued earlier today, the regulator proposed a federated data architecture under which data can remain with the institution where it was collected. PIR would use common protocols and standards to allow information to be accessed and exchanged for specified
Most jewellery stocks, including Kalyan Jewellers, Titan, and Augmont, suffered losses in intraday trade on Tuesday, 1 September, due to profit booking amid a decline in gold prices, a day after Prime Minister Narendra Modi's appeal to avoid buying gold if not necessary.Shares of
GAIL dividend 2026: GAIL (India) declared a final dividend of ₹0.50 per share, with September 2 fixed as the record date for determining eligible shareholders. The company has announced 51 dividends since September 2001 and currently offers a dividend yield of 2.9%. “The Board of
August saw a couple of $100 million-plus deals, including River Mobility and Navi, pushing India’s startup funding closer to the $1 billion mark. Notably, early-stage deals accounted for around 42% of the month’s funding, led by rounds in Airbound, Centricity, and InRisk Labs. De
Battery-as-a-Service (BaaS) provider Yuma Energy has raised $35 million in a Series A funding round led by Magna International Inc. The Bengaluru-based startup has also acquired battery technology company Grinntech to strengthen its battery technology and manufacturing capabiliti
Spacetech startup Kepler Aerospace has raised $8 Mn (around ₹75.8 Cr) in a seed funding round led by Blue Ashva Capital and co-led by Finvolve, India Accelerator, and other investors. The round marks the Bengaluru-based startup’s first external fundraise since its inception in 20
UPI transactions touched a fresh all-time high in August, with transaction volume rising nearly 4% MoM to 24.51 Bn from 23.66 Bn in July. The transaction count grew 22% from 20.01 Bn in August 2025, according to the data released by the NPCI. However, the value of UPI transaction
Festive shopping has always involved some last-minute panic. A forgotten gift, an extra box of sweets or a beauty order placed days before Diwali can still be rescued by ecommerce, but only if the parcel arrives before the occasion. In 2026, considerably more infrastructure is co
Gurugram-based insurtech startups InsuranceDekho and RenewBuy have officially announced their merger to create a unified insurance distribution platform with a pan-India presence. The combined entity will operate under the InsuranceDekho brand, with InsuranceDekho founder and CEO
AI - ai and ml Anthropic promises zero data retention – but customers must check it workedMore compliance-friendly stance could boost appeal of Fable - Security Attacker st
Space infrastructure and mission operations company Kepler Aerospace has raised $8 million in a seed funding round led by Blue Ashva Capital, with participation from Finvolve India Accelerator and other investors. The proceeds will be used to develop and deploy next-generation sp
Battery swapping platform Yuma Energy has raised $35 Mn (₹333 Cr) in its Series A funding round from existing backer and Canada-based automotive giant Magna International. The startup plans to use the fresh proceeds to expand its battery swapping network across India, broaden its
'I've never been to Afghanistan': Six million deportees forced to start over under the Taliban - Published The elderly grimace, hobbling on crutches, and wide-eyed children stare, cradling chickens carried from homes they were forced to leave behind. "It feels good to be in my ow
VMware Intros Private AI Cloud, AI Factory As Workloads Shift To On-Prem Ongoing cost, sovereignty, and security issues that arise as enterprises move from experimentation with AI to large-scale production deployments are continuing to fuel the shift of AI workloads away from pub
Gurugram-based deeptech company Zenergize Technologies has raised $4 million in a Pre-Series A round led by Giraffe Studios, with participation from industrial entrepreneurs and existing investors. The round includes both equity and venture debt. The fresh capital will be used to
Unified Payments Interface (UPI) posted its highest ever monthly transaction volume in August 2026, with 24.51 billion transactions worth Rs 29.82 lakh crore, according to data released by the National Payments Corporation of India (NPCI). The August numbers surpassed July’s 23.6
Equity and shareholder management platform EquityList has launched an AI-native cap table and compliance operating system, aimed at automating equity management and compliance workflows for companies. EquityList said the platform manages more than $20 billion in securities across
TP-Link announces its first consumer Wi-Fi 8 routers — Archer 8 Ultra preorder commences September 30, in select regions The Archer 8 Ultra launches first, while the Deco 8 Ultra arrives in Q1 2027 Earlier this year, TP-Link announced its intentions to launch the first members of
India’s electric two-wheeler industry recorded a 11% month-on-month decline in August to 1.82 lakh units from 2.05 lakh units in July, with most major players witnessing a steep drop. TVS Motor retained the top spot despite the broader market slowdown. According to the latest Vah
Zepto’s Retention Playbook After postponing its IPO in July, Zepto is now trying to fix its unit economics. The quick commerce giant is pulling back on discounts, increasing free-delivery thresholds and pushing a paid loyalty programme to chase profitability. But why is it sudden
Penny stock under ₹10, Jonjua Overseas share price was in focus on Tuesday, September 1, as the record date for its 7:24 bonus share issue drew closer. Shareholders eligible as of the record date will be entitled to receive the bonus shares, subject to the terms of the issue. The
Nepal rescuers blast hillside in search of hydropower workers as families wait anxiously - Published The families of more than 600 workers believed to be trapped in a vast network of mud-filled tunnels along Nepal's Trishuli River are clinging to hope their loved ones can be foun