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GIVA Withdraws Kriti Sanon Raksha Bandhan Campaign Following Advertising Backlash

GIVA withdraws its Raksha Bandhan campaign featuring Kriti Sanon after criticism over its styling and portrayal of the festival sparked debate.

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Banks and NBFCs Begin Resetting Fintech Partnerships as RBI Data-Governance and DPDP Rules Tighten

Banks and NBFCs are reviewing fintech contracts as RBI data-governance expectations and India’s DPDP framework increase accountability for customer data.

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Smaller Public-Sector Banks Explore Partnerships With Larger Peers to Expand Credit-Card Businesses

Smaller PSBs may partner larger state-owned lenders on co-branded credit cards, digital onboarding and data-led expansion across India’s growing card market.

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Dream11 Completes Global Sports-Engagement Pivot as Real-Money Gaming Era Ends

Dream11 completes its shift from fantasy gaming to an AI-first global sports platform, ending prizes and expanding content, streaming and fan engagement.

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ICRA Projects Premiumisation to Drive 8–11% Growth in Housing Sales Value During FY27

ICRA expects housing sales value in India’s top seven cities to rise 8–11% in FY27 as premium and luxury homes support higher realisations.

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Kwick Forensic Solutions Opens ₹50.77 Crore SME IPO for Subscription

Kwick Forensic Solutions opens its ₹50.77 crore SME IPO as the forensic technology company seeks capital for expansion and corporate purposes.

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Lumino Industries Opens ₹700 Crore Mainboard IPO at ₹78–₹82 Price Band

Lumino Industries opens its ₹700 crore IPO at ₹78–₹82 per share after raising ₹207 crore from anchors, with listing scheduled for September 3.

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India Inc M&A Volumes More Than Double From FY17 Levels as Acquisitions Become Core Growth Strategy

India Inc’s annual M&A volumes have more than doubled since FY17 as stronger balance sheets push companies toward acquisitions for scale and capabilities.

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India’s Homegrown D2C Companies Raise Nearly $6 Billion Across 2,000 Funding Rounds Since 2021

Indian D2C companies raised nearly $6 billion across 2,000 rounds since 2021 as funding shifts from large late-stage deals toward younger brands.

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CrowdStrike Raises Annual Revenue Outlook After Strong Q2 Cybersecurity Demand

CrowdStrike raises its FY27 revenue outlook after Q2 revenue rises 26% and ARR reaches $5.84 billion on strong cloud cybersecurity demand.

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T-Hub Partners With Indian Army Central Command to Deploy Defence-Startup Technologies

T-Hub partners with Indian Army Central Command to identify, validate and deploy startup-built defence technologies for real operational requirements.

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Space-Tech Startup InspeCity Raises ₹100 Crore to Scale Satellite Servicing Technologies

InspeCity raises ₹100 crore in pre-Series A funding to scale propulsion, robotics and docking technologies and prepare four in-orbit missions.

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HAL and Safran Sign Final Aravalli Engine Deal for India’s 13-Tonne Helicopter

HAL and Safran launch development of the 3,500–4,000 shp Aravalli engine for India’s indigenous IMRH and naval DBMRH helicopters.

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Adani Energy Solutions Wins ₹4,700 Crore Maharashtra Power-Transmission Project

Adani Energy Solutions wins a ₹4,700 crore Maharashtra project to transmit 4,500 MW of renewable and storage power across western India.

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Mamaearth Parent Honasa Consumer Calls Off Proposed Fluence Pharma Acquisition

Honasa Consumer cancels its proposed 58% acquisition of Fluence Pharma after closing conditions remain unmet but retains its nutraceutical strategy.

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Devyani and Sapphire Foods Revise Merger After 18.5% Stake Sale Is Scrapped

Devyani and Sapphire revise their merger after an 18.5% Sapphire Foods stake sale is terminated, while the 177-for-100 swap ratio remains unchanged.

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August Block Deals Cross ₹30,957 Crore, Reaching 14-Month High in Indian Markets

Indian block deals reach ₹30,957 crore in August, a 14-month high, as promoters and PE investors monetise stakes and institutions absorb supply.

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REC Prepares India’s First Tokenised Corporate Bond Issue Using Blockchain and Wholesale CBDC

REC is preparing India’s first tokenised corporate bond using blockchain and the wholesale digital rupee, potentially transforming debt-market settlement.

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Rubicon Research Sees ₹2,300 Crore Block Deal as General Atlantic Cuts More Than 8% Stake

General Atlantic sells over 8% in Rubicon Research through a roughly ₹2,300 crore block deal, marking a major secondary transaction in the pharma stock.

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Prudential Sells 2% Stake in ICICI Prudential AMC Through Block Deal

Prudential sells a 2% stake in ICICI Prudential AMC through a block deal, reducing its holding while unlocking value from the Indian asset manager.

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