- Siguler Guff, other investors explore exit from Baazar Kolkata’s parent at ₹5,000 crore valuation August 10, 2026Siguler Guff, O3 Alternatives and NR Group acquired a 51% stake in Baazar Retail in 2018, making the potential transaction significant for the company's ownership structure.
- GMR Airports to raise ₹6,500 crore for refinancing, expansion August 10, 2026GMR plans to raise ₹5,000 crore through equity and other securities, including a qualified institutional placement (QIP), and the remaining ₹1,500 crore through non-convertible bonds.
- BSNL proposes ₹77,000 crore capex to add 200,000 4G sites, roll out 5G August 10, 2026DoT informed a parliamentary panel that BSNL is on a path to a financial turnaround through network modernization, asset monetization, cost efficiency and enterprise focus.
- El Niño impact on rural borrowers easing as rains improve, says Muthoot Microfin August 10, 2026The improving rural environment allows Muthoot Microfin to accelerate its strategy of diversifying beyond traditional group lending.
- ADNOC Gas profit slumps 52% but beats companys guidance August 10, 2026ADNOC GAS-RESULTS/:ADNOC Gas profit slumps 52% but beats company's guidance
- India considers curbing use of sugarcane for ethanol to tame record-high sugar market August 10, 2026India may limit sugarcane use for ethanol to increase sugar production with an aim to stabilise record-high sugar prices and ensure smooth domestic supply. Reduced rainfall in key states has raised concerns about next year's sugar output. The government might allow corn and rice for ethanol to maintain its blending program.
- India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12 August 10, 2026India and the SACU group will sign terms of reference for trade talks. Negotiations for a preferential trade agreement are expected to begin soon. South Africa is India's largest trading partner within the SACU bloc. Bilateral trade between India and South Africa saw a dip last fiscal year. Other SACU members like Botswana and Namibia show growing trade […]
- Lower or nil TDS certificates to go fully online soon, rules being framed August 10, 2026New rules are being prepared for electronic applications for lower TDS certificates. Taxpayers can soon apply online for reduced or nil tax deductions. This initiative aims to ease compliance burdens for small taxpayers. The Income Tax department disposed of many appeals in the last fiscal year. Faceless assessments were also completed, though fewer than pre […]
- Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022 August 10, 2026India's youth unemployment rate fell to 9.9 percent in 2025 from 10.9 percent in 2022. The worker population ratio for young people increased to 41.4 percent during the same period. Various government schemes are actively promoting employment generation and improving employability. Over 12.5 lakh recruitment letters were issued through Rozgar Melas sinc […]
- Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target August 10, 2026Government's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This figure surpassed the Revised Estimates for the fiscal year. Disinvestment contributed Rs 16,886 crore, while asset monetisation added Rs 28,420 crore. For the current fiscal, Rs 80,000 crore is budgeted for these receipts. So far, Rs 59,083 crore has […]
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