IRAN'S QALIBAF SAYS IF U.S. SIEGE IS INTENSIFIED, WE WILL DEFINITELY RESPOND MILITARILY - IRANIAN MEDIA
ROUTE MOBILE: APPOINTS NEW CEO FOR MASIV
• Masiv appoints Marko Erkic as CEO, effective September 1, 2026.
• Erkic brings extensive experience across digital communications, telecom and technology, with strong LATAM exposure.
• Previously held senior roles at Infobip, Fora Solutions and Minka.
• Appointment aims to accelerate CPaaS growth across Latin America and strengthen omnichannel communication capabilities.
• Masiv is a key CPaaS business within Route Mobile’s portfolio.
• Masiv appoints Marko Erkic as CEO, effective September 1, 2026.
• Erkic brings extensive experience across digital communications, telecom and technology, with strong LATAM exposure.
• Previously held senior roles at Infobip, Fora Solutions and Minka.
• Appointment aims to accelerate CPaaS growth across Latin America and strengthen omnichannel communication capabilities.
• Masiv is a key CPaaS business within Route Mobile’s portfolio.
KFIN TECHNOLOGIES: EXPANDS SENIOR MANAGEMENT RESPONSIBILITIES
• Praveen Shankaran, COO – Domestic Fund Services, will also head the Fund Accounting function from September 1, 2026.
• Marudheri Shankaran Chandrasekhar, Chief of Fund Accounting Platform, gets a 1-year tenure extension till August 31, 2027.
• Changes aim to strengthen leadership and continuity across KFin Technologies’ fund accounting operations.
• Praveen Shankaran, COO – Domestic Fund Services, will also head the Fund Accounting function from September 1, 2026.
• Marudheri Shankaran Chandrasekhar, Chief of Fund Accounting Platform, gets a 1-year tenure extension till August 31, 2027.
• Changes aim to strengthen leadership and continuity across KFin Technologies’ fund accounting operations.
HERO MOTOCORP: AUGUST DISPATCHES RISE TO 5.68 LAKH UNITS
• Total dispatches: 5,68,398 units, up from 5,53,727 units YoY.
• Domestic dispatches: 5,42,305 units | Exports: 26,093 units.
• Motorcycles: 4,93,851 units | Scooters: 74,547 units.
• Domestic ICE business saw 18% YoY VAHAN retail growth.
• VIDA dispatched 25,558 units, with 38% VAHAN growth.
• Overall VAHAN retail growth stood at 19% YoY, ahead of the festive season.
• Total dispatches: 5,68,398 units, up from 5,53,727 units YoY.
• Domestic dispatches: 5,42,305 units | Exports: 26,093 units.
• Motorcycles: 4,93,851 units | Scooters: 74,547 units.
• Domestic ICE business saw 18% YoY VAHAN retail growth.
• VIDA dispatched 25,558 units, with 38% VAHAN growth.
• Overall VAHAN retail growth stood at 19% YoY, ahead of the festive season.
US TREASURY SECY
Hormuz will become 'worthless piece of water'
Strait of Hormuz will be 'bypassed' in 2 years
Oil will be going on land pipelines, not via Hormuz
85%-90% of Iran factories have ability to rebuild
Iran probably has world's 3rd-greatest energy resource
Sanctions plus blockade on Iran will work
Probably to announce bank sanction this week and next
Hormuz will become 'worthless piece of water'
Strait of Hormuz will be 'bypassed' in 2 years
Oil will be going on land pipelines, not via Hormuz
85%-90% of Iran factories have ability to rebuild
Iran probably has world's 3rd-greatest energy resource
Sanctions plus blockade on Iran will work
Probably to announce bank sanction this week and next
US TREASURY SECY
Zero tolerance for Iran, will economically strangle it
Great support from EU, ECB, UK, UAE, Bahrain
Iran sanctions could be on airline leasing companies
We'll be looking at airline leasing COS
Discussing cooperation with China on Iran
Iran has chance to come back into global system
Iran's protective shield had to be taken out
Zero tolerance for Iran, will economically strangle it
Great support from EU, ECB, UK, UAE, Bahrain
Iran sanctions could be on airline leasing companies
We'll be looking at airline leasing COS
Discussing cooperation with China on Iran
Iran has chance to come back into global system
Iran's protective shield had to be taken out
CCI
Clears Kids Clinic buyout of Apollo Specialty Hospitals
Approves Kids Clinic India buyout of Apollo Fertility
Clears Kids Clinic buyout of Apollo Specialty Hospitals
Approves Kids Clinic India buyout of Apollo Fertility
RACL GEARTECH:
CO MD GUIDES FOR 15-20% REVENUE GROWTH, TARGETS ₹77 CRORE CAPEX FOR HEAT TREATMENT REPLACEMENT AND CAPACITY EXPANSION
CO MD GUIDES FOR 15-20% REVENUE GROWTH, TARGETS ₹77 CRORE CAPEX FOR HEAT TREATMENT REPLACEMENT AND CAPACITY EXPANSION
OPTIMYSTIX ENTERTAINMENT: LAUNCHES NEW SEASON OF ‘CRIME PATROL’
• Optimystix produces the new season of Crime Patrol – Crime Ka Current Season for Sony Entertainment Television.
• Ajay Devgn joins as special host and anchor.
• Show premiered on August 31, 2026, airing Monday–Thursday after KBC.
• Also streaming on Sony LIV for wider TV & OTT reach.
• Optimystix has been associated with the Crime Patrol franchise for over 16 years.
• Optimystix produces the new season of Crime Patrol – Crime Ka Current Season for Sony Entertainment Television.
• Ajay Devgn joins as special host and anchor.
• Show premiered on August 31, 2026, airing Monday–Thursday after KBC.
• Also streaming on Sony LIV for wider TV & OTT reach.
• Optimystix has been associated with the Crime Patrol franchise for over 16 years.
SATANI BEARINGS: WINS ₹376.57 CR ORDERS
• Receives 2 service orders worth ₹376.57 Cr including GST from National Engineering Industries.
• Jaipur order: ₹125.49 Cr
• Vadodara order: ₹251.08 Cr
• Orders dated August 25, 2026.
• Orders are from a domestic entity and not related-party transactions.
• Receives 2 service orders worth ₹376.57 Cr including GST from National Engineering Industries.
• Jaipur order: ₹125.49 Cr
• Vadodara order: ₹251.08 Cr
• Orders dated August 25, 2026.
• Orders are from a domestic entity and not related-party transactions.
SRI LOTUS DEVELOPERS: APPOINTED DEVELOPER FOR ANDHERI REDEVELOPMENT PROJECT
• Subsidiary appointed as developer for a residential redevelopment project in Lokhandwala Back Road, Andheri West, Mumbai.
• Project to feature premium residential spaces with modern design and amenities.
• Strengthens the company’s presence in the luxury real estate segment.
• Project size and financial details are yet to be disclosed.
• Subsidiary appointed as developer for a residential redevelopment project in Lokhandwala Back Road, Andheri West, Mumbai.
• Project to feature premium residential spaces with modern design and amenities.
• Strengthens the company’s presence in the luxury real estate segment.
• Project size and financial details are yet to be disclosed.
SICAL LOGISTICS: WINS ₹534.73 CR COAL MINING ORDER
• Receives Letter of Acceptance from Central Coalfields Ltd (CCL).
• Order value: ₹534.73 Cr including GST.
• Scope includes OB removal and extraction of 91.036 lakh tonnes of coal at SDOC Mine, Dhori Area.
• Contract period: 5 years / 1,825 days.
• Order is from a domestic entity and not a related-party transaction.
• Receives Letter of Acceptance from Central Coalfields Ltd (CCL).
• Order value: ₹534.73 Cr including GST.
• Scope includes OB removal and extraction of 91.036 lakh tonnes of coal at SDOC Mine, Dhori Area.
• Contract period: 5 years / 1,825 days.
• Order is from a domestic entity and not a related-party transaction.
U.S. BESSENT: UNCLEAR WHETHER G 20 MINISTERS WILL TAKE STEPS NECESSARY TO ACHIEVE HIGHER GROWTH
ASIAN ENERGY SERVICES: WINS HYDROCARBON BLOCK UNDER DSF ROUND-IV
• Oilmax Energy receives award for GK/OSDSF/GKOSN/2025 block from the Government of India.
• Oilmax will hold 50% participating interest and act as the operator.
• Award is subject to execution of the Revenue Sharing Contract (RSC).
• Oilmax is proposed to merge with Asian Energy Services, pending final NCLT approval.
• Post-merger, the block and related assets are expected to vest with Asian Energy Services.
• Oilmax Energy receives award for GK/OSDSF/GKOSN/2025 block from the Government of India.
• Oilmax will hold 50% participating interest and act as the operator.
• Award is subject to execution of the Revenue Sharing Contract (RSC).
• Oilmax is proposed to merge with Asian Energy Services, pending final NCLT approval.
• Post-merger, the block and related assets are expected to vest with Asian Energy Services.
LTTS: COMPLETES TRANSFER OF SMART WORLD & COMMUNICATION BUSINESS
• L&T Technology Services completes transfer of its Smart World & Communication (SWC) Business Unit.
• Business transferred to AMI Paradigm Solutions Pvt Ltd.
• Transfer completed under the Business Transfer Agreement dated March 25, 2026.
• Transaction became effective on September 1, 2026.
• Transaction value and financial impact not disclosed.
• L&T Technology Services completes transfer of its Smart World & Communication (SWC) Business Unit.
• Business transferred to AMI Paradigm Solutions Pvt Ltd.
• Transfer completed under the Business Transfer Agreement dated March 25, 2026.
• Transaction became effective on September 1, 2026.
• Transaction value and financial impact not disclosed.
INDIA FINANCE MINISTRY:
INDIA FINANCE MINISTER SITHARAMAN INVITED BESSENT FOR THE ECONOMIC & FINANCIAL PARTNERSHIP TO NEW DELHI LATER THIS YEAR
INDIA FINANCE MINISTER SITHARAMAN INVITED BESSENT FOR THE ECONOMIC & FINANCIAL PARTNERSHIP TO NEW DELHI LATER THIS YEAR