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Airbound Raises $37 Million Series A to Scale Autonomous Drone Delivery in India

Airbound raises $37 million led by Greenoaks to scale autonomous drones and develop an Andhra Pradesh network targeting 10,000 daily flights.

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Fertiliser Stocks Rally as Russia Signals Higher Supplies to India

Indian fertiliser stocks rally up to 14% after Russia signals higher and uninterrupted supplies to India, easing concerns over agricultural inputs.

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Ceigall India Wins ₹704.7 Crore MoRTH Contract for Arunachal Pradesh Frontier Highway

Ceigall India wins a ₹704.7 crore MoRTH contract to build a 35.12-km section of the Frontier Highway in Arunachal Pradesh under EPC mode.

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SoftBank Sells Around 2.6% Lenskart Stake for ₹2,888 Crore Through Open-Market Transactions

SoftBank sells 2.58% of Lenskart for ₹2,887.87 crore, reducing its holding to 7.28% as it continues monetising its investment after the IPO.

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Nitco Signs Agreement With HOABL Impactum Land for Joint Development of Alibaug Property

Nitco partners with HOABL Impactum Land to develop a 40-acre Alibaug property, with the project expected to generate about ₹4,500 crore in revenue.

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Bitcoin Climbs Above $80,000 to Reach More Than Three-Month High

Bitcoin rises above $80,000 to a three-month high as dollar weakness, US bond-market concerns and hopes for clearer crypto regulation drive demand.

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Power Finance Corporation Scraps Three-Year Bond Issue After Investors Demand Higher Yields

Power Finance Corporation withdraws its planned three-year bond issue after investors seek higher yields, highlighting pressure in India’s debt market.

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Shankesh Jewellers Shares List at 11% Premium Following ₹367 Crore IPO

Shankesh Jewellers shares debut at ₹103.30 on NSE, an 11.08% premium to the ₹93 IPO price after its ₹367.18 crore public offering.

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Sumax Engineering Opens ₹53.40 Crore SME IPO at ₹95–₹101 Price Band

Sumax Engineering opens its ₹53.40 crore SME IPO at ₹95–₹101 per share to fund new manufacturing units and working-capital requirements.

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I&B Ministry Directs OTT Platforms to Show Anti-Drug Warnings During Drug-Use Scenes

India directs OTT platforms to display anti-drug warnings during substance-use scenes, extending public-health messaging requirements to streaming content.

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Government Opens 6% Hindustan Copper Stake Sale at ₹514 Floor Price

The government opens Hindustan Copper’s OFS at ₹514 per share, offering up to 6% equity as part of its FY27 disinvestment programme.

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Coal India Sets Up Singapore Subsidiary CIL Global to Pursue Overseas Critical-Mineral Assets

Coal India establishes Singapore-based CIL Global to pursue overseas critical-mineral assets as it diversifies beyond coal into strategic resources.

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TCS Agrees to Acquire Porsche IT Consultancy MHP in €320 Million Deal

TCS agrees to acquire Porsche's MHP consultancy for €320 million, expanding its automotive, digital engineering and consulting capabilities in Europe.

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Colgate-Palmolive India Shifts Around 60% of Advertising Expenditure to Digital Media

Colgate-Palmolive India directs around 60% of advertising expenditure to digital media as consumer attention shifts toward online and connected platforms.

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Bank Unions Call Nationwide Strike for September 11 Over Demand for Five-Day Banking Week

Bank unions call a nationwide strike on September 11 over five-day banking, PLI differences and unresolved pension demands, risking service disruption.

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Indian Overseas Bank Moves to Recruit 250 Local Bank Officers as Application Window Closes August 24

Indian Overseas Bank closes applications on August 24 for 250 Local Bank Officer posts as the lender expands frontline staffing across key states.

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Connected-TV Advertising Gains Ground Among Indian MSMEs as Video Spend Rises

Indian MSMEs are increasing connected-TV and streaming-video advertising as AI tools lower creative costs and CTV audiences expand beyond metros.

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Dream Slate Pictures Partners With BytePlus to Develop AI-Powered Filmmaking and Branded Content

Dream Slate Pictures partners with BytePlus to use AI video technology across advertising, branded content, feature films and long-form storytelling.

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Gold Hits More Than Three-Month High as Investor Await US Inflation Data and Federal Reserve Signals

Gold rises to a more than three-month high as a weaker dollar, US bond-market concerns and upcoming inflation data strengthen demand for bullion.

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Pride Hotels Accelerates Expansion and Plans ₹1,000 Crore IPO by December 2026

Pride Hotels plans a ₹1,000 crore IPO by December 2026 as it expands from 40 to around 72 properties across leisure, MICE and pilgrimage markets.

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