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IPO Boom: 10 issues cross 100x subscription in August, highest monthly tally since 2006

August witnessed an impressive spike in IPO activity, as ten offerings saw oversubscriptions of more than a hundred times. Leading the charge was Hy-Tech Engineers, garnering bids amounting to over two hundred forty-four times its share allocation. This enthusiastic investor…

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Tata Sons readies fresh ₹10,000 crore bet on Air India as losses mount, but T&C apply

Tata Sons’ board approved over Rs 10,000 crore for Air India’s capital infusion. This significant funding is contingent upon business cases from Air India and other group companies. The airline reported substantial losses, necessitating this financial support for its transformation.…

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Knight Frank appoints Chris Davis as Group CFO

Davis brings over 24 years of international leadership experience and will lead the firm’s global finance function.

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Uber’s global restructuring hits India; around 200 employees to be laid off

The cuts have affected some engineers in Uber’s People organisation who work on the company’s internal recruitment platform, which handles parts of the hiring process, including interview scheduling. Employees said the entire team had not been eliminated, with individuals selected…

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Govt mulls BIS exemption for high-tech companies setting up plants in India

The government has announced new exemptions for high-tech companies, allowing them to bypass BIS certification to streamline the setup of manufacturing units in India. Concerns were raised by Japanese semiconductor companies over certification hurdles for components. This strategy is designed…

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Indian markets turn green as Sensex, Nifty rebound on easing bond yields and FCNR inflows

Indian markets finally turn green this month, opening higher on Thursday amid positive sentiment supported by slight easing in United States bond yields and strong foreign exchange inflows.

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Income Tax notice based on third-party WhatsApp chats? Pune ITAT explains why ₹10.52 lakh addition was deleted
The Pune ITAT deleted a ₹10.52 lakh unexplained investment addition after the tax department relied on WhatsApp chats recovered from a third party’s mobile phone. The tribunal found that the electronic evidence lacked the required authentication to sustain the tax demand.
Gold, silver prices today, 3 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 3 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
₹41.69 lakh cash deposit and no ITR: What ITAT Bangalore’s ruling means for taxpayers who miss tax notices
A Bengaluru taxpayer faced a ₹41.69 lakh unexplained cash deposit tax demand after failing to file an ITR and respond to tax notices. The ITAT Bangalore refused to condone his nearly four-year delay, leaving the assessment and penalty orders undisturbed.
8th Pay Commission: Will civilian pensioners get One Rank One Pension? Key proposals explained
The 8th Pay Commission is examining pension reforms, including civilian OROP, pension parity and notional fixation. The key question is whether the panel will only revise pensions or also address disparities across generations of retirees.
Mid caps hit a new high in August 2026, while large caps remain below peaks: What investors should know
August 2026 saw a clear divergence across market-cap segments. Midcaps and smallcaps gained while largecaps declined. Midcaps also hit a new peak, while smallcaps came close. Over 10 years long period, midcaps delivered the highest returns.
CGHS rules changed: Critical illness can now mean lifetime benefits for dependent sons, brothers
CGHS rules have been relaxed for dependent sons and brothers with critical or terminal illnesses, allowing eligible beneficiaries to receive medical benefits for life.
8th Pay Commission: Key dates and updates to watch as government employees and pensioners await July DA hike
Government employees and pensioners await the July 2026 Dearness Allowance revision and the 8th Pay Commission consultations. Meetings are ongoing to discuss pay and pension matters, with recommendations expected by mid-2027. 
Gold loans surge 4x in the last 5 years, but penetration remains low: Report reveals where the growth is coming from
India’s gold loan market has nearly quadrupled to ₹18.6 trillion in five years, overtaking personal loans. Yet, only around 8% of household gold is monetised through organised lenders. Find who is borrowing, which states are driving growth, and which lenders are gaining share. 
SBI user alert: UPI outage scheduled for September 4; what you need to know
State Bank of India advises customers to use UPI Lite or alternative payment methods during maintenance.
3 years vs 5 years: How your investment strategy should change as your goal gets closer
Investment strategies should adapt as goals approach, particularly between three to five years. Moving away from high-risk equity is essential for protecting savings.