Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
Samaleswari Sporting bounced back from an opening defeat to secure a commanding 4-1 victory over Durand Cup debutants Baghpat FC. Basit Ahmed Bhat scored twice, supported by goals from Marat Tareck and Gnohere Krizo, while Crispin Cleetus netted Baghpat's lone goal. The Odisha-based team controlled the second half, extending their lead and comfortably seeing out the match.
The Indian Navy football team secured their first victory in the Durand Cup, defeating NEROCA FC 2-0 in a Group D fixture. Goals from Roshan Panna and E Muhammed Inayath sealed the win, moving the Navy to second place in their group.
Indian badminton sensation Tanvi Sharma, 17, secured her first BWF World Tour title by defeating Vietnam's Thuy Linh Nguyen at the Taipei Open Super 300. Coached by Park Tae-sang, she became the first Indian woman to win the singles title there since Saina Nehwal in 2008, showcasing her rising talent and potential.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
Nongkseh SS&CC concluded their Durand Cup campaign with a resounding 7-0 victory over Mumbay FC in a Group E fixture.
The India U20 men's football team secured a 3-0 victory over Singapore in the first of two friendly matches held in Bengaluru, as they prepare for the AFC U20 Asian Cup China 2027 Qualifiers.
Auqib Nabi proved unstoppable with the ball last season -- picking up 60 wickets in 10 matches at an incredible average of 12.56 last season to help J&K script history by winning its first Ranji Trophy title.
Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.
A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.
High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
East Bengal staged a stunning comeback from 0-1 down to beat Al Arabi SC 4-1 in extra time and seal their place in the AFC Champions League Two group
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.
Kuldeep Yadav will look towards the Sri Lanka series as his big opportunity to finally seal his place as India's No 1 spinner in Tests.
HDFC Bank shares plummeted over 5 per cent, wiping out Rs 64,685 crore from its market valuation, after its June quarter earnings disappointed investors, particularly on the net interest margin (NIM) front.
Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
Two-time Olympic medallist PV Sindhu secured her maiden Super 750 title at the Japan Open, defeating local favourite Akane Yamaguchi in straight games.
Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
Awarapan 2, featuring Emraan Hashmi, is set to release 19 years after its original, joining a growing trend of long-delayed Bollywood sequels attempting to capitalise on nostalgia and past successes like Gadar 2 and Border 2, but not all such reboots guarantee box office triumph.
Australia's head coach Andrew McDonald discusses how the Indian Premier League (IPL) can be integrated into the national team's demanding international schedule, emphasising the need for workload management, especially for fast bowlers. He highlights the IPL's benefits for player development while acknowledging the challenges of a packed calendar including major Test series and ICC events.
Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.
Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.
Indian benchmark indices Sensex and Nifty ended flat on Tuesday, with the Sensex dipping nearly 70 points, as investor sentiment turned cautious ahead of crucial global central bank policy meetings and a significant sell-off in Asian markets.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.
Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
FC Raengdai, making their Durand Cup debut, secured a 1-0 victory against last year's quarter-finalists Indian Navy Football Team. Khaidem Amarjit Singh scored the winning goal in the 58th minute, marking the club's first-ever Durand Cup goal. The Manipuri side displayed a strong performance, with a disciplined defence holding off Indian Navy's late pressure.
The Indian women's hockey team secured a silver medal at the FIH Youth Hockey5s Asian Championship in Muscat, losing 2-4 to China in the final. Despite the loss, their strong performance, including an 8-1 semi-final win against Kazakhstan, earned them a qualification spot for the FIH Youth Hockey5s World Cup. Hockey India also announced cash prizes for the team and support staff.
Before Shabana Azmi tries to outrival herself in the Batwara 1947 and Awarapan 2 clash, we look at other Bollywood stars whose films released on the same day.
Former India all-rounder Irfan Pathan believes Jammu and Kashmir pacer Auqib Nabi's biggest strength lies in his ability to force top batters into errors while defending, rather than relying on raw pace.
Former India captain Ajinkya Rahane has joined Amsterdam Flames as a marquee player in the inaugural European T20 Premier League, aiming to make a global impact and share his experience with other players.
The Indian women's hockey team secured a spot in the FIH Youth Hockey5s World Cup despite finishing as runner-up in the Youth Hockey5s Asian Championship in Muscat, losing 2-4 to China in the final. The team had previously defeated Kazakhstan 8-1 in the semi-final.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
