Varun Beverages Enters Alcohol: What It Means for VBL
Varun Beverages Limited (VBL), best known as one of PepsiCo’s largest bottling partners, is making a significant move beyond soft drinks. The company has approved a new wholly owned subsidiary, KIVA Spirits and Company Limited, to enter ready-to-drink (RTD) alcoholic…
JioBlackRock Flexi Cap Fund Adds Gold and Silver ETFs
JioBlackRock Mutual Fund has expanded the investment universe of its Flexi Cap Fund, allowing the scheme to invest up to 20% of its assets in gold and silver ETFs. The revised asset allocation takes effect from August 26, 2026, as…
India Market Outlook – 26 August 2026
Indian benchmarks surrendered early gains as IT, telecom, infrastructure and heavyweight Reliance outweighed strength in banks and metals. The new closing-auction session amplified losses: the Nifty was down about 0.24% before the auction but officially finished 0.52% lower. Breadth was…
L&T Order Wins Signal Middle East Infrastructure Revival
Larsen & Toubro (L&T) has started the September quarter with a strong run of new orders, and the Middle East is playing a central role. The engineering major has disclosed 13 order wins since early July, including seven from the…
Hyundai Plans 100+ Models With Major US Hybrid Push
Hyundai Motor is planning its biggest product offensive yet, with more than 100 new or refreshed vehicles set to arrive globally by 2030. A major part of that strategy is North America, where Hyundai plans 58 launches and expects hybrids…
OfBusiness Apparel Revenue Triples to Rs 3,002 Crore
OfBusiness has scaled its apparel business rapidly, with revenue reaching Rs 3,002 crore in FY26, up from Rs 843 crore in FY24. The more than three-fold increase has made apparel the fastest-growing vertical within the B2B commerce and financing company’s…
ESDS Software Solution IPO: Price Band, Dates, Details
ESDS Software Solution IPO will open for subscription on August 28, 2026, with a price band of ₹408 to ₹429 per share. The ₹720 crore mainboard IPO is entirely a fresh issue, with no offer-for-sale component. Bidding closes on September…
Income Tax Notice: 8 Sections Every Taxpayer Should Know
Receiving an income tax notice does not automatically mean you have done something wrong. The Income Tax Department may send a notice because of a mismatch in your return, missing information, an outstanding tax demand, a proposed adjustment, or a…
RBI Forex Swap: How India Mobilised $73 Billion Fast
India mobilised about $73 billion in foreign currency in under 11 weeks through the Reserve Bank of India’s special USD-INR swap facility. The biggest contributor was not foreign portfolio investment or FDI. It was FCNR(B) deposits, which accounted for roughly…
