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BUSINESS

India sees 366 IPOs raising Rs 1.9 lakh crore in FY26
BUSINESS

India sees 366 IPOs raising Rs 1.9 lakh crore in FY26

New Delhi, Aug 10 — India’s initial public offering (IPO) market remained among the world’s most active in FY26 as 366 IPOs across mainboard and SME platforms raised approximately Rs 1.9 lakh crore, a report said on Monday."While capital formation remained robust, investor behaviour shifted towards…

CM Vijay hikes paddy incentives, raises sugarcane procurement price
BUSINESS

CM Vijay hikes paddy incentives, raises sugarcane procurement price

Chennai, Aug 10 — Tamil Nadu Chief Minister Vijay on Monday announced higher incentives for paddy and sugarcane farmers, raising the effective procurement prices as part of the state government’s efforts to improve farm incomes and provide better returns for agricultural produce. Making a statement…

Gold, silver surge over 1 pc amid firm global cues
BUSINESS

Gold, silver surge over 1 pc amid firm global cues

Mumbai, Aug 10 — Gold and silver prices rose sharply on Monday due to buying momentum ahead of the festive season and firm global market cues, with precious metals recording substantial gains of up to more than 1 per cent.On the Multi Commodity Exchange (MCX), gold futures for October delivery…

Hyundai Motor India targets 2 million connected car sales by 2030
BUSINESS

Hyundai Motor India targets 2 million connected car sales by 2030

New Delhi, Aug 10 — Hyundai Motor India Limited (HMIL) on Monday announced that it is targeting 2 million cumulative connected car sales by 2030, while it has over 0.8 million connected cars on Indian roads.By 2027, the automobile company is targeting a goal of 1 million connected car sales.Strong…

Fresher hiring intent rises to 75 pc, AI skills gain prominence
BUSINESS

Fresher hiring intent rises to 75 pc, AI skills gain prominence

New Delhi, Aug 10 — India's fresher hiring outlook strengthened for the July-December period this year with 75 per cent of employers indicating an intent to hire entry-level talent, according to a report released on Monday.According to a TeamLease EdTech report, the outlook rose from 73 per cent in…

Sensex, Nifty trade flat in early deals on mixed cues
BUSINESS

Sensex, Nifty trade flat in early deals on mixed cues

Mumbai, Aug 10 — Domestic equity markets traded subdued on Monday amid resilient domestic demand and continued foreign investor buying, while crude oil prices surged up to 1 per cent offering mixed cues for investors.Sensex climbed 177.81 points or 0.22 per cent to hit an intraday high of 78,676 in…

WhatsApp users report media-sharing issues globally
BUSINESS

WhatsApp users report media-sharing issues globally

New Delhi, Aug 10 — Meta-backed WhatsApp users reported issues with the messaging platform on Monday with the disruption appearing to affect the sharing of photos, videos, stickers, GIFs and other media files across several countries.According to outage-tracking platform Downdetector, users began…

Seoul shares pare gains on foreign selling
BUSINESS

Seoul shares pare gains on foreign selling

Seoul, Aug 10 — South Korean shares pared earlier gains late on Monday morning as foreign investors continued to sell big-cap tech shares despite bargain hunting by retail and institutional investors.After opening 0.76 per cent higher, the benchmark Korea Composite Stock Price Index (KOSPI) added…