Top FPIs ride out storm, outrun Nifty & Sensex in Q1
INDIA MARKET | Fri, 14 Aug 2026, 6:09AM IST
During the June quarter, leading international funds encountered remarkable gains within Indian equities, significantly boosting their reported portfolio values. This strong performance exceeded that of key Indian stock market indices, primarily driven by astute investments in mid- and small-cap companies, reinforcing India's reputation as a promising landscape for discerning stock pickers.
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Kalshi Ordered to Cease Most Operations in Washington State
GLOBAL NEWS | Fri, 14 Aug 2026, 6:08AM IST
In a preliminary injunction, a state judge barred the prediction market from allowing residents to place bets on the bulk of its offerings.
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INDIA MARKET | Fri, 14 Aug 2026, 6:00AM IST
Indian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent Middle East tensions and a stronger US dollar influenced investor sentiment negatively. Several companies like Indigo Paints and LG Electronics India reported their first-quarter earnings results. Other firms such as Ashok Leyland and Physicswallah will release their results on Friday. Corporate developments and earnings will guide trading in upcoming sessions.
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GIC Re reports 9.7% profit jump to Rs 1,922 crore driven by improved claims and underwriting
INDIA MARKET | Fri, 14 Aug 2026, 5:55AM IST
General Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims management and underwriting. The company reported an 8.8 percent year-on-year rise in gross premium income. Furthermore, the incurred claims ratio saw a significant enhancement, reflecting improved cost efficiency, while GIC Res combined ratio also indicated lower underwriting losses, showcasing overall financial robustness.
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Can Lalithaa Jewellery Mart IPO deliver long-term growth for high-risk investors?
INDIA MARKET | Fri, 14 Aug 2026, 5:48AM IST
Lalithaa Jewellery Mart is gearing up for a remarkable 1,700 crore IPO aimed at financing its capital expenditure and ambitious expansion plans. The company has demonstrated impressive performance, with significant revenue growth and a notable surge in net profit from FY24 to FY26. Boasting higher revenues per store and per square foot than its competitors, its valuation remains attractive within the industry.
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MFs cut PSU bank exposure, raise bets on IT, auto & pharma in July
INDIA MUTUAL FUNDS | Fri, 14 Aug 2026, 5:39AM IST
In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private lenders, received a surge in fund inflows. Conversely, stakes in public sector banks such as SBI and Bank of Baroda saw a decline, a strategic choice that underscores a preference for industries with stronger earnings visibility.
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Salvage Company Hoping to Sell Titanic Artifacts Challenges Courts Role
GLOBAL NEWS | Fri, 14 Aug 2026, 4:29AM IST
A Virginia federal court has awarded the company the rights to collect, but not sell, items from the shipwreck. But the company says its earliest retrievals are governed by a French court.
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Factory sales of cars hit a July high
INDIA BUSINESS | Fri, 14 Aug 2026, 1:42AM IST
Indias passenger vehicle sales rose 34% year-on-year to a record 457,810 units in July, supported by improved affordability and strong CNG demand. Two-wheeler sales increased 23%, while three-wheeler volumes grew 33% during the month.
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US stocks: S&P 500 notches record-high close as rate-hike worries ease
INDIA MARKET | Fri, 14 Aug 2026, 1:39AM IST
The S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, expectations of a Federal Reserve rate hike have diminished. Memory chip giants Sandisk and Micron Technology reported impressive increases in their stock prices, alongside positive movements for other major firms like Broadcom and Meta Platforms.
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Air India to stay on expansion course despite challenges
INDIA BUSINESS | Fri, 14 Aug 2026, 1:37AM IST
Air India plans to add over 100 aircraft across the group in 2027 and 2028 while continuing its $400-million fleet retrofit programme. The expansion comes as the airline tackles higher operating costs, disrupted international routes and profitability pressures.
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Tata Motors sells more in India, but JLR woes send profit crashing 80%
INDIA BUSINESS | Fri, 14 Aug 2026, 1:33AM IST
Tata Motors Passenger Vehicles June-quarter net profit fell 80% to 775 crore as JLR faced supply disruptions and weaker volumes, while higher commodity costs squeezed margins. Strong domestic passenger vehicle and electric vehicle sales helped consolidated revenue rise 9.3%.
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INDIA MARKET | Fri, 14 Aug 2026, 1:27AM IST
Elon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages are facing pressure from artificial intelligence and labor board policies. Shareholder support for special executive awards is showing signs of decline.
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Kerala to oppose Centre's Mines and Minerals Act amendments, calls it 'encroachment' on states
INDIA BUSINESS | Fri, 14 Aug 2026, 1:24AM IST
Kerala will oppose the Centre's mining law amendments which affect state revenue. The state argues curbs on tax powers erode constitutional authority and cause losses. Chief Minister VD Satheesan announced formal protest and legal remedies exploration. Parliament passed the Mines and Minerals Amendment Bill, 2026 recently. This amendment invalidates state levies not yet deposited or recovered.
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INDIA BUSINESS | Fri, 14 Aug 2026, 1:18AM IST
Bank of America is set to invest a substantial $1.9 billion into Jio Financial's Jio Credit, marking a significant show of confidence in India's booming retail loan sector. This collaboration merges Jio's innovative digital capabilities with the seasoned financial knowledge of Bank of America, enabling a strategic expansion in the rapidly growing Indian economy. Regulatory approvals will be required to finalize this impactful venture.
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India is swapping solo bites for group dining and healthier picks
INDIA BUSINESS | Fri, 14 Aug 2026, 1:12AM IST
Out-of-home food and beverage consumption is increasingly shifting towards group occasions. Solo consumption has declined while larger group consumption has significantly risen in recent years. Consumers are also prioritizing healthier snacks and drinks in their out-of-home choices. This trend indicates a more selective approach to eating outside the home. Companies are now focusing on unmet nutritional needs to drive future growth.
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Delhi HC backs Zydus in trademark row
INDIA BUSINESS | Fri, 14 Aug 2026, 1:06AM IST
The Delhi High Court upheld a single-judge order against Alder Biochem. This ruling prevents them from using the 'Biochem' trademark. Alder Biochem's claim of the term being public property was rejected. Zydus Healthcare has held the registered trademark since 1959. The court's decision protects Zydus Healthcare's established brand.
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Corporate cover rates decline amid ample capacity
INDIA BUSINESS | Fri, 14 Aug 2026, 1:05AM IST
Insurance rates for fire, cyber, professional indemnity and directors liability fell sharply in the June quarter as abundant capacity intensified competition. Marsh India expects the buyer-friendly market to persist, with companies using lower prices to secure broader coverage and higher limits.
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Motilal Oswal puts Rs 1,500 crore into Inox Clean Energys expansion
INDIA BUSINESS | Fri, 14 Aug 2026, 1:04AM IST
Motilal Oswal Group committed 1,500 crore to Inox Clean Energy for growth initiatives. The investment uses compulsorily convertible debentures, offering hybrid capital benefits. This funding will support acquisitions and expansion of renewable power generation businesses. Inox Clean Energy plans a potential initial public offering within the next two years. The company has raised 5,300 crore in total funding since early 2026.
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Urea import costs ease as India's fertiliser subsidy bill pressure set to ease
INDIA BUSINESS | Fri, 14 Aug 2026, 1:04AM IST
India's new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly below previous rates. This development offers relief to the nation's substantial fertilizer subsidy bills. Global urea prices declined in May after an initial surge following the West Asia crisis. India, a major importer, sells urea to farmers at heavily subsidized rates.
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SC seeks CCI response in Kerala State Beverages Corp case
INDIA BUSINESS | Fri, 14 Aug 2026, 1:02AM IST
The Supreme Court has sought responses from the Competition Commission of India and others. This follows an appeal by the Confederation of Indian Alcoholic Beverage Companies against KSBC. The industry body alleges unfair trade practices and discrimination in the liquor market. KSBC is accused of unilaterally fixing prices and levying additional charges. The court will hear the matter again on September 23.
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Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEA
INDIA BUSINESS | Fri, 14 Aug 2026, 12:59AM IST
India's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline during the same period. Over nine months, vegetable oil imports rose, while edible oil imports increased by five percent. The import basket saw refined oil share drop to four percent from fourteen percent. Crude oil imports consequently increased to ninety-six percent from eighty-six percent.
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INDIA BUSINESS | Fri, 14 Aug 2026, 12:56AM IST
Indian restaurants face regulatory crackdowns and calls for greater transparency. Regulators in Mumbai and Bengaluru have suspended licenses for hygiene and storage violations. This situation prompts consumers to consider cooking at home more often. Industry leaders emphasize prioritizing consumer safety and improving operational standards. Despite concerns, dine-in numbers are not significantly declining at present.
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Green energy federation asks govt to extend CBG blending rule to industrial consumers
INDIA BUSINESS | Fri, 14 Aug 2026, 12:53AM IST
The Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial gas consumers beyond city distributors. The union cabinet recently approved a scheme to boost domestic CBG production significantly. This expansion will help reduce India's dependence on imported natural gas. The federation proposes sector-wide purchase obligations and tradable certificates.
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