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Adani Enterprises: Rich valuations and holding-company discount risk may cap gains

New Delhi, Aug. 31 -- Shares of Adani Enterprises (AEL) have gained 41% so far in 2026 to Rs.3,169 apiece. Yet, further gains may be harder to justify at current valuations. Last week, Motilal Oswal ... Read More


Iran retaliates after US strikes on Larak Island, Gulf on alert

Hyderabad, Aug. 31 -- Iran launched missiles towards targets across the region in the early hours of Monday, August 31, in retaliation for US strikes on two Islamic Revolutionary Guard Corps (IRGC) la... Read More


The mother and daughter behind India's No. 2 tractor maker bet Rs.1,250 crore on a fifth plant

Mumbai, Aug. 31 -- After three decades, India's second-largest tractor maker is building capacity again. Tractors and Farm Equipment Ltd will set up its fifth plant in a north Indian state, its first ... Read More


Airlines are short of planes. Why India's airport boom is losing steam

NEW DELHI, Aug. 31 -- India's airport operators are navigating FY27 with a problem that has less to do with demand for air travel than with airlines' ability to put planes in the air. After a bruisin... Read More


Purple Style Labs Asks For A Luxury Premium

India, Aug. 31 -- Purple Style Labs, the parent company of luxury-fashion platform Pernia's Pop-Up Shop (PPUS), is heading to the public markets. The The initial public offering (IPO) will launch on A... Read More


A modest rate hike need not derail India's growth story: IIFL's Nirmal Jain

New Delhi, Aug. 31 -- Elevated crude prices following the West Asia war could feed into broader inflation expectations and force the Reserve Bank of India (RBI) to intervene. However, monetary policy ... Read More


NPCI to let users port UPI AutoPay mandates across apps

New Delhi, Aug. 31 -- The National Payments Corporation of India (NPCI) is set to make UPI AutoPay interoperable, allowing users to port mandates across UPI apps, and merchants to move existing mandat... Read More


The quintessential insider who stepped into Puri's big shoes is set to walk away

New Delhi, Aug. 31 -- For over three decades, Sashidhar Jagdishan was the HDFC Bank insider who rose through the ranks to inherit its most coveted seat. He joined the bank in 1996, spent years running... Read More


Investors pile into HDFC Bank a day ahead of CEO exit disclosure

New Delhi, Aug. 31 -- Foreign and Indian investors are expected to take the leadership transition at HDFC Bank Ltd in stride, with the lender's American Depositary Receipt (ADR) rising sharply ahead o... Read More


Centre may offer interest subvention for e-bus, e-truck charging infrastructure

New Delhi, Aug. 31 -- The ministry of heavy industries ministry may offer interest subvention for charging infrastructure alongside its proposed financing scheme for electric buses and trucks, as oper... Read More