ETERNAL, SWIGGY
Flipkart Minutes launched in August 2024 and is now at 1.1–1.2 million daily orders, up from around 400,000 in November 2025.
The Goldman Sachs 2026 Report ranks Flipkart + Myntra as India’s largest e-commerce platform with a 35% share of monthly active users.
Flipkart Minutes launched in August 2024 and is now at 1.1–1.2 million daily orders, up from around 400,000 in November 2025.
The Goldman Sachs 2026 Report ranks Flipkart + Myntra as India’s largest e-commerce platform with a 35% share of monthly active users.
IIFL FINANCE:
DENIES FAIRFAX EXIT TALKS, SAYS NO UNDISCLOSED EVENT BEHIND SHARE PRICE MOVEMENT.
DENIES FAIRFAX EXIT TALKS, SAYS NO UNDISCLOSED EVENT BEHIND SHARE PRICE MOVEMENT.
TCS – LAUNCHES INDIA’S FIRST LIGHTS-OUT FACTORY LAB
• Launches Lights-Out Factory Lab at its Sahyadri Park campus in Pune
• Facility combines AI, digital twins, robotics & factory systems
• Features a fully robotic battery pack assembly line
• Enables manufacturers to prototype, validate & scale AI-first production systems
• Supports use cases including predictive maintenance, automated quality inspection & autonomous factory operations
• Launches Lights-Out Factory Lab at its Sahyadri Park campus in Pune
• Facility combines AI, digital twins, robotics & factory systems
• Features a fully robotic battery pack assembly line
• Enables manufacturers to prototype, validate & scale AI-first production systems
• Supports use cases including predictive maintenance, automated quality inspection & autonomous factory operations
JUST IN
Delhi Airport to augment international handling capacity ahead of BRICS Summit
Terminal 3's Pier C to begin international operations from tonight
Pier C to handle international arrivals; arrivals and departures from September 10
Delhi Airport's international capacity to rise 50% to 31 MPPA
Move aimed at handling surge in international air traffic during BRICS Summit
Delhi Airport to augment international handling capacity ahead of BRICS Summit
Terminal 3's Pier C to begin international operations from tonight
Pier C to handle international arrivals; arrivals and departures from September 10
Delhi Airport's international capacity to rise 50% to 31 MPPA
Move aimed at handling surge in international air traffic during BRICS Summit
POWER MECH PROJECTS – ₹970 Cr O&M ORDER FROM VEDANTA POWER
• Secures ₹970 Cr O&M contract from Vedanta Power for its 2×600 MW Sakti Thermal Plant, Chhattisgarh
• Contract period: 60 months
• Basic order value: ₹890 Cr + ₹80 Cr provision for additional services
• Order strengthens Power Mech’s thermal power O&M portfolio
• Secures ₹970 Cr O&M contract from Vedanta Power for its 2×600 MW Sakti Thermal Plant, Chhattisgarh
• Contract period: 60 months
• Basic order value: ₹890 Cr + ₹80 Cr provision for additional services
• Order strengthens Power Mech’s thermal power O&M portfolio
COCHIN SHIPYARD LIMITED: BOARD APPROVES JOINT VENTURE WITH DRYDOCKS WORLD DUBAI; JV TO OPERATE INTERNATIONAL SHIP REPAIR FACILITY IN KOCHI; CSL AND DDW TO HOLD 50% EACH IN JVCO.
SKIPPER: CO DIRECTOR SAYS CO AIM 12-13% EBITDA MARGIN BY FY28 FROM CURRENT 10.5%
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SKIPPER: CO DIRECTOR SAYS CO SEE ORDER BOOK POSITION AT INR 100-110 BLN IN FY27
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NATCO PHARMA LTD: BOARD APPROVES RIGHTS ISSUE OF EQUITY SHARES WORTH UP TO ₹1,300 CRORE
IDFC FIRST: SAYS SHOULD BE ABLE TO CONSUME ALL THE FCNR DEPOSITS BY Q3 OR Q4
KABRA EXTRUSIONTECHNIK: SUCCESSFUL COMMISSIONING OF 10 MW/20 MWH BATTERY ENERGY STORAGE SYSTEM PROJECT AT PHALODI, RAJASTHAN; PROJECT SUPPORTS ENERGY MANAGEMENT AND GRID STABILITY.
MAHINDRA, ESCORTS, VST 🔴
Drought conditions are expected this year Says Met Department
Drought conditions are expected this year Says Met Department
EMS LIMITED – ₹28.39 Cr NHAI ORDER
• Secures order from NHAI for toll fee collection at Varshamedi Fee Plaza, Gujarat
• Order value: ₹28.39 Cr excluding TCS
• Contract period: 1 year
• Order awarded through competitive e-tender
• Secures order from NHAI for toll fee collection at Varshamedi Fee Plaza, Gujarat
• Order value: ₹28.39 Cr excluding TCS
• Contract period: 1 year
• Order awarded through competitive e-tender
MOTILAL OSWAL ON HDFC AMC ; BUY | TP ₹3,200 | 31% UPSIDE
• Mutual fund industry supported by structural tailwinds from financialisation of savings, rising B30 participation and deeper investor penetration.
• HDFC AMC can gain wallet share through strong long-term fund performance, SIP top-ups, higher ticket sizes and more products per customer.
• Distribution strength across banks, MFDs, fintech and phygital channels remains a key competitive advantage; HDFC Bank relationship is becoming more strategic.
• Alternatives, GIFT City, SIF and EPFO mandate provide additional growth opportunities.
• AUM expected to grow at a mid-teens rate.
• FY26–28E Revenue / EBITDA / PAT CAGR estimated at 13% / 14% / 14%.
• SIP inflows expected to remain strong, while expansion into smaller markets and customer profiling should support further scale.
• Mutual fund industry supported by structural tailwinds from financialisation of savings, rising B30 participation and deeper investor penetration.
• HDFC AMC can gain wallet share through strong long-term fund performance, SIP top-ups, higher ticket sizes and more products per customer.
• Distribution strength across banks, MFDs, fintech and phygital channels remains a key competitive advantage; HDFC Bank relationship is becoming more strategic.
• Alternatives, GIFT City, SIF and EPFO mandate provide additional growth opportunities.
• AUM expected to grow at a mid-teens rate.
• FY26–28E Revenue / EBITDA / PAT CAGR estimated at 13% / 14% / 14%.
• SIP inflows expected to remain strong, while expansion into smaller markets and customer profiling should support further scale.
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RAJOO ENGINEERS:
CO PARTNERS WITH RIECKERMANN TO STRENGTHEN PRESENCE AND CUSTOMER SUPPORT IN SOUTHEAST ASIA
CO PARTNERS WITH RIECKERMANN TO STRENGTHEN PRESENCE AND CUSTOMER SUPPORT IN SOUTHEAST ASIA
DCB BANK – RBI APPROVES ICICI PRUDENTIAL AMC TO ACQUIRE UP TO 9.95% STAKE
• RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in DCB Bank
• Acquisition subject to applicable RBI, FEMA & SEBI regulations
• Qualifying acquisition to be completed within 1 year
• Holding cannot exceed 9.95% at any time
• RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in DCB Bank
• Acquisition subject to applicable RBI, FEMA & SEBI regulations
• Qualifying acquisition to be completed within 1 year
• Holding cannot exceed 9.95% at any time
INDIA TRADE SEC SAYS AT THE OPPORTUNE TIME, DEAL WILL BE SIGNED WITH U.S, IN FINAL STAGES OF SIGNING FTA WITH CHILE
GLOBAL FINTECH FEST 2026
JIO PAYMENTS MD & CEO, KASHINATH HARIHARAN SAYS
India's Biggest Trade Corridors Are US, UK, UAE
Launched Cross-Border Payments Across 11 Currencies
Currency Coverage To Expand Progressively Across Global Markets
Jio To Expand B2B Cross-Border Payments Business
Al To Impact Payments Across The Value Chain; Can Improve Customer Screening And Onboarding
JIO PAYMENTS MD & CEO, KASHINATH HARIHARAN SAYS
India's Biggest Trade Corridors Are US, UK, UAE
Launched Cross-Border Payments Across 11 Currencies
Currency Coverage To Expand Progressively Across Global Markets
Jio To Expand B2B Cross-Border Payments Business
Al To Impact Payments Across The Value Chain; Can Improve Customer Screening And Onboarding
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HDB FINANCIAL SERVICES – ₹2,018 Cr NCD ALLOTMENT
• Allots 20,000 secured NCDs through private placement
• Total issue size: ₹2,018.17 Cr including premium & accrued interest
• Coupon rate: 8.05% | Tenure: 1,064 days
• NCDs proposed to be listed on BSE Wholesale Debt Market
• Allots 20,000 secured NCDs through private placement
• Total issue size: ₹2,018.17 Cr including premium & accrued interest
• Coupon rate: 8.05% | Tenure: 1,064 days
• NCDs proposed to be listed on BSE Wholesale Debt Market