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INDIA MARKET | Thu, 6 Aug 2026, 4:50PM IST To be executed through KCS Engineering Solutions

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:43PM IST Incoming CEO Raymond Stauffer will invest about 583 crore as Nazara strengthens its balance sheet to fund acquisitions, AI-led game development and business expansion

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INDIA MARKET | Thu, 6 Aug 2026, 4:37PM IST Powered by Capital Market - Live News

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INDIA MARKET | Thu, 6 Aug 2026, 4:33PM IST Cabinet approves 8,970-crore Guwahati-Tezpur highway project in Assam

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:33PM IST The Reserve Bank of India has classified Tata Sons as an Upper Layer Non-Banking Financial Company (NBFC).

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:33PM IST The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companies with significant assets. Tata Sons now faces enhanced regulatory and supervisory scrutiny from the central bank. The company must also comply with listing requirements within three years. This move impacts systemically important non-banking financial companies across India.

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INDIA MARKET | Thu, 6 Aug 2026, 4:26PM IST Cabinet clears 23,731 crore GOBARdhan scheme for compressed biogas

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:23PM IST Nazara plans to raise 733.5 crore via a preferential issue, with the funds earmarked for acquisitions, business expansion, intellectual property and AI-led game development

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INDIA NEWS | Thu, 6 Aug 2026, 4:19PM IST Households became more cautious about the economy, jobs and inflation in July, though they remained optimistic about income growth and spending, RBI's latest surveys showed

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INDIA NEWS | Thu, 6 Aug 2026, 4:16PM IST Apple is yet to announce the launch date for its next-generation iPhones, but fresh reports suggest the company's annual iPhone event could take place as early as September 9, potentially setting the stage for the unveiling of the iPhone 18 Pro and iPhone Ultra.According to Bloomberg, Apple has begun preparations for its annual iPhone launch event by opening an Event Support Experience Program lottery for US retail employees who want to work at the media gathering at Apple Park.Also Read: Apples India sales top $10 billion on widening retail pushEmployees selected through the programme will help manage guest check-ins, organise queues, provide directions, greet attendees and support security teams during the event, the report said.Apple reportedly told employees that the launch event will be held in the first half of September, but did not disclose the exact date.Based on the company's track record, Apple usually hosts the iPhone launches on the second Tuesday or Wednesday of September. This year, according to MacRumors, September 9 (Wednesday) is emerging as the most likely date. Since Labour Day falls on September 7 this year, Apple will likely avoid scheduling the event immediately after the holiday, making September 9 the strongest possibility.If Apple follows its traditional launch timeline, pre-orders could begin on September 12, with the devices likely reaching stores on September 18, the report said.The launch could also bring a significant price hike for Apple's premium smartphones. According to a recent MacRumors report citing GF Securities analyst Jeff Pu, the iPhone 18 Pro and iPhone 18 Pro Max could cost $250-$300 more than the current iPhone 17 Pro models due to rising costs of 2nm chips, memory components and ongoing global supply constraints driven by AI infrastructure demand.Also Read: Apple iPhone price hike: iPhone 18 Pro and iPhone 18 Pro Max may cost up to Rs 26,000 more; check expected price, new colour, design and featuresThe iPhone 17 Pro currently starts at $1,099 (1,34,900 in India), while the Pro Max starts at $1,199 (1,49,900 in India). If the prediction proves accurate, the next-generation Pro models could start at around $1,349-$1,399 and $1,449-$1,499, respectively.Apple is also widely expected to unveil its first foldable iPhone alongside the Pro models, with analysts estimating the device could be priced at more than $2,000.Apple has not officially confirmed the event date, launch schedule, pricing or the names of its upcoming smartphones.

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:16PM IST Apple's next iPhone event is reportedly scheduled for September 9, which could introduce the iPhone 18 Pro models. These new devices may see a significant price increase due to rising component costs. Pre-orders are anticipated to begin around September 12, with availability following shortly after.

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INDIA MARKET | Thu, 6 Aug 2026, 4:08PM IST As per provisional closing data, the S&P BSE Sensex jumped 373.76 points or 0.48% to 78,954.76. The Nifty 50 index rose 11.35 points or 0.05% to 24,636. In the two consecutive trading sessions, the Sensex gained 0.67% while the Nifty rose 0.09%.

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INDIA MARKET | Thu, 6 Aug 2026, 4:08PM IST CWD added 1.46% to Rs 313 after it has secured an order worth Rs 87.53 crore from India Post Payments Bank (IPPB) for the supply of 5.29 lakh voice-enabled payment soundboxes and integration with its proprietary digital payments platform.

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:06PM IST AI creates long-term business impact when leaders move beyond automation, rethink workflows, build strategic capabilities and measure success through tangible business outcomes, not efficiency alone.

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INDIA MARKET | Thu, 6 Aug 2026, 4:06PM IST For 175 MW wind power project

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INDIA MARKET | Thu, 6 Aug 2026, 4:03PM IST This survey comes after Tewolde Gebremariam took over the position of Air India's CEO.

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INDIA MARKET | Thu, 6 Aug 2026, 4:02PM IST Civil Aviation Minister Ram Mohan Naidu Kinjarapu

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INDIA BUSINESS | Thu, 6 Aug 2026, 4:00PM IST Carsten Lammers says prolonged tax and customs disputes create uncertainty for global businesses, urging faster resolution, simpler tax laws and consistent policy implementation

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INDIA MARKET | Thu, 6 Aug 2026, 3:59PM IST Indo-MIM's shares skyrocketed by 82%, surpassing their original IPO price, with robust interest from investors and a firm market position. The company reported impressive financial growth in FY26, with both revenue and profitability on the rise. As a premier global manufacturer, Indo-MIM specializes in precision engineering components through MIM technology, serving a wide range of industries, from automotive to medical devices.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:58PM IST Regulator is standardising how loans are priced. Here's what it could mean for EMIs, transparency and future rate cuts.

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INDIA MARKET | Thu, 6 Aug 2026, 3:58PM IST The IMD stated that the weather system is expected to bring continued spells of rain, thunderstorms and gusty winds across the region during the day.

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INDIA MUTUAL FUNDS | Thu, 6 Aug 2026, 3:54PM IST Baroda BNP Paribas Mutual Fund raised over Rs 1,200 crore through its ESG Best-in-Class Strategy Fund and Services Fund launches in 2026. The offerings drew investors from more than 5,700 pin codes, highlighting strong demand for thematic, long-term equity investment opportunities across India.

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INDIA CURRENCY | Thu, 6 Aug 2026, 3:51PM IST On Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions. While falling oil prices helped bolster market sentiment, the rupee has enjoyed recent appreciation thanks to central bank interventions. Analysts are now forecasting possible interest rate increases by the Reserve Bank of India in the near future.

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INDIA NEWS | Thu, 6 Aug 2026, 3:50PM IST Rajasthan approves 2,101 crore for constructing 3,232 missing-link and non-patchable roads to improve connectivity across 187 Assembly constituencies

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INDIA MARKET | Thu, 6 Aug 2026, 3:50PM IST Anil Menon, a physician and engineer with family roots in Kerala, was selected as a NASA astronaut in 2021.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:50PM IST Modern haute horlogerie is shifting toward manufacturing autonomy, exemplified by Hublots in-house Unico movement, the architectural Big Bang Reloaded collection, and an unprecedented 5+5 year warranty structure for long-term reliability.

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INDIA MARKET | Thu, 6 Aug 2026, 3:49PM IST Awarapan 2 is scheduled to release in cinemas worldwide on August 14.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:49PM IST Air India has announced the appointment of Tewolde Gebremariam as its new chief executive officer. The airline is currently grappling with significant issues such as unprecedented losses, safety concerns, and geopolitical disruptions affecting its global operations. In response, Air India is taking steps to modernize its fleet and consolidate its aviation ventures, entering a crucial phase of execution and expansion.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:48PM IST Tata Group's Trent has been on an expansion spree in recent quarters, ending June with 1,312 stores, including about 300 Westside and over 980 Zudio across 330 cities

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INDIA NEWS | Thu, 6 Aug 2026, 3:45PM IST NEW DELHI: Seven years before he was named to lead Air India, Tewolde Gebremariam stood at the scene of an Ethiopian Airlines crash that killed 157 people and helped trigger the worldwide grounding of Boeing 737 MAX jets.That disaster and the COVID-19 pandemic that followed became two of the gravest crises he faced. It may help explain why the Tata Group turned to him to run Air India.The job that Tewolde faces at the Indian airline is formidable: he must restore confidence in its safety after a crash last year killed 260 people, stem losses, modernize an ageing fleet and navigate Pakistan's ban on Indian carriers using its airspace.The surprise appointment of outsider Tewolde signals a shift in Tata Group's turnaround of the airline, from merging with Indian carrier Vistara and placing large aircraft orders, to the harder task of running it safely, reliably and profitably. Tata owns about 75% of Air India, with Singapore Airlines owning the rest.Reuters reported in May that the search had narrowed to two candidates - Air India commercial chief Nipun Aggarwal and Vinod Kannan, former CEO of Vistara, now at Singapore Airlines - although no decision had been made.Also read | Air India names Ethiopian Airlines veteran Tewolde Gebremariam as CEOAir India and Ethiopian Airlines did not respond to emails seeking comment, and Tewolde did not respond to a message sent on LinkedIn.An internal Air India document reviewed by Reuters describes Tewolde as a "change leader" with special skills in crisis management, who joined Ethiopian in 1985 in the cargo unit and rose to run Africa's largest airline group. He was named African CEO of the Year in 2012.In 11 years as CEO of Ethiopian Airlines, the Air India document says, he turned it into Africa's leading carrier, spending $1 billion to build businesses around its Addis Ababa hub, including the continent's largest cargo terminal, an aviation university, maintenance hangars, a catering centre and a 1,000-room hotel.Tewolde will be replacing Campbell Wilson, who resigned in April and whose notice period ends on September 30. Air India has not said when Tewolde will formally take charge.CRASHES, COVID AND COMPETITIONThe gravest crisis Tewolde handled came on March 10, 2019, when Ethiopian Airlines Flight 302 went down shortly after takeoff from Addis Ababa. Tewolde grounded the carrier's remaining 737 MAX jets the same day, ahead of orders by regulators in China and the United States.Also read| Civil Aviation Minister Naidu says no proposal to blend ethanol with ATFAbout a year later, the COVID pandemic wiped out most of Ethiopian's passenger business. Without a state bailout, Tewolde turned to cargo, leaning on freighters and a cargo terminal built years earlier and converting passenger jets to carry freight.The internal document lists managing in a "hyper competitive environment" as one of Tewolde's skills - a test that awaits him in India, where IndiGo carries the bulk of domestic traffic and foreign carriers compete hard for lucrative international routes.Also, the June 2025 crash of an Air India Boeing 787 Dreamliner has intensified regulatory scrutiny of the carrier, which has since faced warnings and a penalty over separate safety and compliance lapses.Tewolde is no stranger to India, having run Ethiopian's India and Southeast Asia business from Mumbai in the mid-1990s.He left the airline in March 2022 due to health issues. Since then he has advised U.S. carrier Delta Air Lines on international business and the World Bank's International Finance Corporation on aviation and logistics investment in emerging markets, the internal document says.A NEW TESTAt Air India, Tewolde inherits a larger, more complex company. The airline and its budget arm lost over $2 billion last financial year. The carrier has cut international flights as Pakistan's airspace ban and the Iran war have lengthened routes and raised fuel costs.The airline is also awaiting a final report into last year's crash. Last month, Air India Chairman N. Chandrasekaran said the airline's turnaround could take up to a decade.Air India's other safety lapses include one of its Airbus jets completing eight passenger flights without a mandatory airworthiness permit. The airline's own investigation found "systemic failures" and an urgent need to tighten compliance, Reuters reported in December.Tewolde has said Ethiopian thrived as a state-owned airline because successive governments let professionals run it."The owners should not be managers," he said in a 2023 interview on the "Our Future Skies" podcast.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:45PM IST Tewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises. The airline faces safety concerns and financial losses after recent incidents. Modernising the fleet and navigating airspace restrictions will be his key tasks.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:45PM IST Standard Chartered secured in-principle approval to offer wealth management products in GIFT City. The International Financial Services Centres Authority granted this crucial regulatory approval. The bank plans to launch its retail wealth management offerings within the next few months. This move supports GIFT City's goal of becoming a leading international financial services hub. Standard Chartered is the first foreign bank to operate in GIFT City since 2020.

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INDIA MARKET | Thu, 6 Aug 2026, 3:45PM IST The panel has specifically pushed for quicker development of pumped storage projects.

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INDIA MARKET | Thu, 6 Aug 2026, 3:44PM IST Gold and silver futures advanced as easing West Asia tensions boosted hopes the US Federal Reserve may delay further interest rate hikes

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:43PM IST Kolte-Patil Developers will redevelop six societies across the Mumbai Metropolitan Region. These upcoming properties are expected to generate a total revenue of Rs 6,000 crore. The projects are located in prime areas like Santacruz West and Andheri West. These developments are scheduled for launch within the next six to twelve months.

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INDIA MARKET | Thu, 6 Aug 2026, 3:38PM IST Pakistan has played an active mediating role in recent US-Iran diplomacy.

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INDIA MARKET | Thu, 6 Aug 2026, 3:38PM IST IPO Listing Live

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INDIA MARKET | Thu, 6 Aug 2026, 3:33PM IST Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap fell 0.44 per cent, and the Nifty SmallCap rose 0.48 per cent

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INDIA MARKET | Thu, 6 Aug 2026, 3:33PM IST Procter & Gamble Health reported a 45.28% jump in standalone net profit to Rs 96.15 crore in the first quarter of FY27, compared with Rs 66.18 crore in the corresponding quarter last year.

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INDIA MARKET | Thu, 6 Aug 2026, 3:33PM IST The Sensex closed 373.76 points, or 0.48%, higher at 78,954.76. The Nifty 50 ended 11.35 points, or 0.05%, higher at 24,636.

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INDIA MARKET | Thu, 6 Aug 2026, 3:33PM IST Trent jumped 2.41% to Rs 3179.70 after the company's standalone net profit jumped 25.84% to Rs 531.77 crore compard with Rs 422.59 crore in Q1 FY26.

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INDIA MARKET | Thu, 6 Aug 2026, 3:33PM IST Bitcoin traded near $64,700 as buyers maintained control despite profit-booking at higher levels. While major altcoins saw mixed price action, market experts highlighted steady institutional demand, supported by continued net inflows into US spot Bitcoin ETFs, as BTC consolidates below its key resistance zone of $65,000.

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INDIA BUSINESS | Thu, 6 Aug 2026, 3:33PM IST CFO Arnab Roy calls for an "as-is" settlement mechanism or amnesty option to clear the historical litigation backlog and unlock trapped capital

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INDIA MARKET | Thu, 6 Aug 2026, 3:31PM IST For development, production and supply of Titanium castings for Airbus aircraft programmes

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INDIA MARKET | Thu, 6 Aug 2026, 3:31PM IST Several companies linked to the global AI supply chain witnessed sharp declines as investors booked profits and reassessed valuations. SoftBank Group also fell ahead of its quarterly earnings announcement, with investors looking for updates on the company's AI-related investments and future growth prospects.

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INDIA MARKET | Thu, 6 Aug 2026, 3:31PM IST Gold mining companies outperformed after gold prices moved higher. The rise in gold was driven by a weaker US dollar and lower US Treasury yields, along with easing geopolitical concerns following reports that Iran and Oman had reached an agreement on a proposed shipping route through the Strait of Hormuz. These developments improved sentiment towards safe-haven assets, benefiting gold-related stocks.

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