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Markets eye flat start amid rising crude oil prices and mixed global cues

New Delhi, Aug. 12 -- Indian equity markets are likely to open flat on Wednesday amid weak global cues. Gift Nifty at 24,542.50 indicates a flattish opening for Indian stocks. The rebound in crude oil... Read More


Finance Ministry weighs tiered MDR and subsidies phase-out for high-value UPI payments

New Delhi, Aug. 12 -- The Finance Ministry has told a Parliamentary panel that two options related with merchant discount rates (MDR) are being considered to sustain the UPI (Unified Payment Interface... Read More


India's arabica coffee crop may be hit by deficit rain, pest attack

New Delhi, Aug. 12 -- Key coffee-producing regions have received uneven rains this monsoon, and the trend is likely to impact the output for the 2026-27 crop year starting in October. The four major c... Read More


Grasim Industries net up 39% to Rs.3,846 crore on better realisation

New Delhi, Aug. 12 -- Grasim Industries, an Aditya Birla Group company, reported that its net profit in the June quarter increased 39 per cent to Rs.3,846 crore against Rs.2,771 crore logged in the sa... Read More


Dhoot Transmission, Molbio Diagnostics IPOs see over 70 times subscription on closing day

New Delhi, Aug. 12 -- Dhoot Transmission and Molbio Diagnostics IPOs received strong demand on the final day of bidding, with the two mainboard issues subscribed 74.21 times and 70.26 times, respectiv... Read More


RK Swamy Q1 PAT up 21 per cent at Rs.3.5 crore

New Delhi, Aug. 12 -- Advertising and marketing services firm R K Swamy, on Wednesday, reported a consolidated net profit of Rs.3.5 crore for the quarter ended June 2026, a 21 per cent growth compared... Read More


Buzzing stocks: Godrej Consumer, L&T, Tenneco Clean, Dr Agarwal's, SJVN, BEML, Bajaj Electricals, Diamond Power, Saatvik Green, Innovision, SUGS Lloyd

New Delhi, Aug. 12 -- The Board of Godrej Consumer Products Limited (GCPL) has announced the appointment of Aasif Malbari, currently Global Chief Financial Officer and President of Godrej Africa, as M... Read More


RIR Power Electronics posts 29% revenue jump in Q1 FY27, PAT doubles

New Delhi, Aug. 12 -- Mumbai-based RIR Power Electronics Limited reported a strong first quarter for FY2026-27, with standalone revenue rising 29.28 per cent year-on-year to Rs.27.16 crore from Rs.21.... Read More


Food safety crackdown: Companies turn to audits, legal advice as FSSAI tightens enforcement

New Delhi, Aug. 12 -- New Delhi, August 12: With the Food Safety and Standards Authority of India (FSSAI) and State Food and Drug Administrations (FDAs) stepping up action against food safety and labe... Read More


Arvind Ltd's Q1 profit stays flat despite 25% revenue growth

New Delhi, Aug. 12 -- Arvind Ltd, a Gujarat-based textile to retail conglomerate with focus on textiles, apparels, advanced materials, environmental solutions, telecom and omnichannel commerce, report... Read More