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The NCLT said there was no majority view on Chandra’s repayment plan. One member had favoured applying the repayment plan only to creditors who supported it, while another member held that the plan should apply to all creditors, including those who opposed it
An order issues by the Jammu and Kashmir FDA prohibited the sale, storage, distribution and display of 10 identified brands/batches of ghee across the Union Territory after laboratory analysis found the products to be sub-standard, unsafe and misbranded, the reports said.
GRT Jewellers will acquire a 74.12% controlling stake in TBZ for up to Rs 1,033.71 crore, expanding its store network and national footprint. The deal combines two longstanding jewellery brands, subject to regulatory approvals and a mandatory open offer.
NCDEX launched RAINCHNNAI, a rainfall-based weather futures contract, enabling participants to hedge Northeast Monsoon risks. Covering September-December, the cash-settled contract uses IMD rainfall data and complements RAINMUMBAI, expanding exchange-traded tools for managing weather-linked financial exposure.
Indian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude above $90 pressured sentiment, while broader indices declined and technical indicators pointed to continued near-term volatility.
Blackstone-backed Epsilon Bidco plans to sell its 26.4% stake in packaging firm EPL Ltd through a block deal valued at approximately Rs 1,985 crore. The shares are offered at Rs 235 each, marking a discount to the current market price.
With inflation surging, the rial weakening and sanctions adding further pressure, Iran’s leadership faces a difficult choice between continuing confrontation and pursuing diplomacy to ease economic pressure.
Deepa Jewellers Ltd successfully raised Rs 138 crore from anchor investors this past Monday. Their initial public offering opens for subscription on September 1 and includes both fresh share issuance and an offer-for-sale. The proceeds are intended for enhancing working capital and supporting various corporate objectives. The shares are set to be listed on the BSE and NSE beginning September 8.
The National Stock Exchange saw substantial turnover in its Closing Auction Session. This session accounted for twenty-two percent of total cash market turnover on Monday. More than ninety-eight thousand investors participated in this significant trading period. The session coincided with the MSCI August 2026 Index Review implementation. This marks a successful first month for the closing auction mechanism.
On Monday, shares of the Adani group experienced notable downward pressure, with Adani Enterprises declining by nearly eight percent amid overall market instability. The recent alterations in MSCI Global Standard Indexes were implemented at the end of August, affecting several Adani firms through index rebalancing and fund reallocations. This situation added to the volatility observed throughout the trading day.
MahaRERA's ruling protects buyers by limiting builders' deductions upon cancellation and mandating refunds within 45 days. MahaREAT ordered a builder to refund a Dubai-based buyer for two cancelled flats.
The advisory comes amid concerns over identity and financial fraud, with the mission stressing that biometric information such as fingerprints and facial scans can be particularly sensitive and should only be submitted through authorised government channels.
In August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two years. This surge in investment was bolstered by robust domestic earnings and proactive measures from the central bank. However, despite this positive trend, annual outflows are still trending towards a record high, with broader markets seeing an upswing even as major stocks faced declines.
The National Stock Exchange’s anticipated IPO nears, prompting investors to consider buying unlisted shares now or waiting for the public offering. Unlisted trading involves private negotiations and off-market transfers through specialized platforms before the exchange-based listing occurs.
The Securities and Exchange Board of India (Sebi) has imposed a Rs 25 lakh penalty on three directors of Citrus Check Inns for disobeying its orders. The firm had unlawfully gathered funds from investors despite Sebi's prohibitory instructions. The directors claimed these collections were unintentional, attributed to agents and automatic setups. However, Sebi dismissed their argument, holding the directors accountable for the agents' actions.
Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous savings gluts marks a crucial shift in economic dynamics. Warsh emphasized that the notion of secular stagnation is no longer relevant today and expressed eagerness to discover the growth prospects of member economies.
The two leaders held talks on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Bishkek, Kyrgyzstan, as India continues to balance its close strategic partnership with Russia with its longstanding call for dialogue and diplomacy to end the Ukraine war.
