- ITC sets stage for its third listed firm, larger IT play with Happiest Minds merger August 31, 2026ITC's wholly-owned arm announced acquisition of Happiest Minds Technologies, wherein it will pick up a 22.1% stake in the firm from founder Ashok Soota for ₹1,330 crore. It will then merge with Happiest Minds, giving shareholders 25 ITC Infotech shares for every 81 Happiest Minds shares they own
- Meet two internal candidates recommended by Kotak Mahindra Bank to succeed CEO Ashok Vaswani | Profile August 31, 2026Kotak Mahindra Bank has recommended executive directors Anup Saha and Paritosh Kashyap to the RBI as potential successors to CEO Ashok Vaswani, whose term ends on December 31, 2026. Here's a look at the two internal candidates.
- Tim Cook’s emotional farewell memo as Apple CEO: ‘My title changes tomorrow, but…’ August 31, 2026In the message, Cook said his departure from the CEO role was a moment he had always known would arrive, but admitted that it was still difficult to believe it had come.
- ONGC plans ₹1 trillion investment in deepwater exploration by FY31 August 31, 2026ONGC plans to invest ₹1 trillion over five years in deepwater oil and gas exploration, alongside setting up an international energy trading desk by late 2026.
- Subhash Chandra's ₹6.25-crore repayment plan hits hurdle; NCLT forms 5-member bench to decide insolvency case August 31, 2026Subhash Chandra’s ₹6.25-crore repayment plan has hit a hurdle after an NCLT bench found no majority opinion. The tribunal has formed a 5-member bench to decide his personal insolvency case against admitted creditor claims of ₹22,006.57 crore.
- India's services exports rise 13.4% to USD 38.25 billion in July: RBI August 31, 2026India's services sector saw a remarkable expansion in July, with exports climbing 13.4% to USD 38.25 billion alongside a 19.1% rise in imports to USD 20.61 billion. This development yielded a services trade surplus nearing USD 17.65 billion. For the period from April to July, total services exports stood at USD 145 billion, and imports were at USD 75.14 […]
- Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry Report August 31, 2026India's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major contributors to price pressures, even as the persistence of El Nino conditions raises risks for crop yields and food prices, noted the Monthly Economic Report of August 2026 released by the finance ministry.
- RBI's forex forward book swells to record $136.7 billion August 31, 2026The Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that drew overseas deposits. This remarkable growth not only surpassed last month’s statistics but also eclipsed the previous peak from May, indicating a robust inflow of dollars into the nation’s financial system.
- Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA Nageswaran August 31, 2026India's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food prices could weigh on growth going forward, India's Chief Economic Advisor, V Anantha Nageswaran said on Monday. He said the economy had demonstrated considerable resilience despite geopolitical disruptions and […]
- Indian businesses redesigning supply chain to capture new growth opportunities: Report August 31, 2026Indian businesses are actively redesigning supply chains for resilience and growth. Supplier diversification and strategic inventory are key priorities for companies. Technology adoption and entry into new markets are also significant drivers. India's trade growth will be defined by resilience and connectivity. Businesses are positioning inventory close […]
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