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Markets open lower as Strait of Hormuz tensions push crude above $87

New Delhi, Aug. 11 -- Markets opened in negative territory on Tuesday, August 11, 2026, weighed down by rising crude oil prices and geopolitical uncertainty surrounding the Strait of Hormuz, even as t... Read More


Air India management summoned over Phuket-Delhi incident

New Delhi, Aug. 11 -- The Centre on Tuesday (August 11, 2026) summoned Air India's management to seek a detailed update on the August 4 Phuket-Delhi flight incident, sources told businessline. Accord... Read More


US tightens grip on H-1B workers, Indian IT firms brace for higher costs

New Delhi, Aug. 11 -- A proposed rollback of the H-1B job-loss grace period and new fees on certain visa extensions are set to put additional pressure on Indian IT companies' US delivery models, poten... Read More


Zepto warehouse in Bengaluru sealed over 'extremely unhygienic' conditions

New Delhi, Aug. 11 -- An inspection by the Food Safety and Drug Administration Department found organic waste, discarded wrappers and bottles, accumulated dirt on the floor and empty cardboard boxes a... Read More


Matrimony.com Q1 PAT more than doubles y-o-y at Rs.19 crore

New Delhi, Aug. 11 -- Chennai-based online matrimony company Matrimony.com reported net profit of Rs.19 crore for the quarter ended June 2026 (Q1FY27), more than double the net profit it clocked in th... Read More


Manappuram Finance logs 41% jump Q1FY27 standalone net profit at Rs.552 crore

New Delhi, Aug. 11 -- Manappuram Finance reported a 41 per cent year-on-year (yoy) jump in first quarter (Q1FY27) standalone net profit at Rs.552 crore against Rs.392 crore in the year ago quarter on ... Read More


SEBI proposes wider FPI access to commodity derivatives

New Delhi, Aug. 11 -- The Securities and Exchange Board of India (SEBI) on Tuesday proposed widening the participation of foreign portfolio investors (FPIs) in exchange-traded commodity derivatives. T... Read More


Rs.882-crore TB kit tender raises questions over brand-specific procurement

New Delhi, Aug. 11 -- A Rs.882-crore government procurement of TB diagnostic kits has come under scrutiny over the decision to specify a particular brand in the tender, despite an Indian Council of Me... Read More


BSE could see $700 million passive inflows after Nifty 50 entry

New Delhi, Aug. 11 -- The stock of BSE is expected to attract around $700 million in passive inflows following its entry into the Nifty 50, as funds tracking the benchmark rebalance their portfolios t... Read More


Agentic AI emerges as mid to high level priority for Indian banks

New Delhi, Aug. 11 -- Senior executives from some of India's largest banks have identified Agentic AI integration as a medium-to-high strategic priority for the coming year, highlighting its potential... Read More