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MrBeast marries Thea Booysen on Necker Island

MrBeast, real name Jimmy Donaldson, married Thea Booysen in a private ceremony and shared a first look on July 21, keeping most of the celebrations off camera. The couple, who began dating in 2022 and got engaged in late 2024, marked the occasion with a weeklong island wedding on Richard Branson’s Necker Island and intimate festivities with close friends and family.

11 sources

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Crisil Announces Amalgamation to Form PayMetrix, Pending Approvals

Crisil Limited announced the amalgamation of its wholly-owned subsidiaries Crisil Canada Inc. and Crisil PriceMetrix Inc. to form Crisil PriceMetrix Inc., aimed at streamlining operations with no change in shareholding and subject to regulatory approvals. The company posted strong Q2 and H1 FY26 results, declared an interim dividend of Rs 10 per share, and shared updated governance and investor presentations detailing GDP outlook and performance across its ratings, research, and analytics businesses.

12 sources

Photo: United States Department of the Treasury / Wikimedia Commons (Public domain)

China reportedly cuts Iranian oil purchases by 40%

US Treasury Secretary Scott Bessent says China reduced its imports of Iranian crude by about 40% in recent months, driven by sanctions on privately owned teapot refineries and China’s strategic petroleum reserves. The remarks underscore intensified sanctions enforcement targeting Tehran’s energy sector and could pressure Iran’s oil revenues while signaling potential shifts in global oil dynamics.

9 sources

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JSW Infrastructure Q1 profit falls, revenue climbs

JSW Infrastructure posted revenue growth driven by port and cargo operations, but first-quarter and June-quarter profits declined due to higher costs, even as the company strengthened its balance sheet with a ₹7,503 crore QIP. The group remains committed to a large capex plan and a growth trajectory to double cargo handling capacity to 400 MTPA by 2030, supported by ongoing port expansions and asset diversification.

7 sources

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Welspun Specialty Solutions posts Q1 profit, margins rise

Welspun Specialty Solutions posted Q1 FY27 revenue of about ₹194 crore and net profit of ₹5.16 crore, returning to profitability after a loss last year, aided by better operational efficiency and lower finance costs. Revenue dipped around 3-4% year-on-year to support EBITDA of ₹10.54 crore and expanded EBITDA margin to 5.4%, driven by stable demand in alloy and stainless steel for defense, energy, and heavy engineering sectors.

5 sources

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Bandhan Bank Q1 profit rises to ₹502 crore

Bandhan Bank posted a near-35% rise in Q1 FY27 net profit to about ₹502 crore, led by lower provisions and a modest rise in net interest income, with asset quality improving as GNPA fell to 3.15% and NNPA to 0.93%; the bank’s NII grew about 6% while NIM stayed flat at 6.2%. It also announced the appointment of Vinay Jain as interim CFO, reflecting ongoing leadership transition alongside a robust core-profitability backdrop.

7 sources

Photo: Army National Guard Staff Sgt. Matthew Scotten, Indiana National Guard. / Wikimedia Commons (Public domain)

Zen Technologies Secures ₹177.5 Crore MoD Simulator Order

Zen Technologies has secured multiple Indian Ministry of Defence contracts, including a ₹177.5 crore order to upgrade Tank and Crew Gunnery Simulators to be completed within a year, and a ₹180 crore order that expands its defence training simulators and anti-drone offerings, significantly boosting its order book. The company is also scaling up domestic, indigenously sourced capabilities through Vector Technics’ expanded drone propulsion production, aligning with Atmanirbhar Bharat/IDDM policies and strengthening revenue visibility.

8 sources

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TVS Motor Q1 Profit Surges 67%

TVS Motor posted a strong Q1 FY27 with net profit up around 51% to 67% year-on-year and revenue increasing about 33-38%, underpinned by robust demand in domestic and international markets and record quarterly sales across motorcycles, scooters, and EVs. The board also approved raising up to ₹10 billion through non-convertible debentures and commercial papers to fund growth, including capital expenditure and debt refinancing.

18 sources

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Aditya Birla Sun Life AMC Q1 Profit Surges

Aditya Birla Sun Life AMC reported strong Q1 FY27 results with consolidated net profit of ₹309.49 crore, up about 65% year-on-year, on revenue of ₹462.96 crore and total income of ₹625.35 crore, with basic EPS of ₹10.72; standalone profit stood at ₹311.38 crore on revenue of ₹455.52 crore. The company highlighted sustained AUM growth and a broadened distribution network, with mutual fund AUM around ₹4,277 billion and a multi-channel footprint across 310 locations and 95,500 distributors, while expanding passive and alternative investments.

10 sources

E2E Networks posts 334% Q1 revenue surge

E2E Networks reported a dramatic Q1 FY27 performance with revenue of ₹1.57–1.57 billion, EBITDA of ₹1,179 million and a 75.2% margin, PAT of ₹439 million and earnings per share of ₹2.10, driven by the B200 cluster deployment and an expanded GPU fleet to about 5,100 units. The company also announced strategic moves, including the incorporation of Sovcloud Technologies Limited as a subsidiary and progress on listing on major exchanges, signaling scale-up in both operations and corporate structure.

8 sources

Zaggle approves ₹7.97 crore Unobanc stake

Zaggle Prepaid Ocean Services Limited plans to invest up to 7.97 crore (approximately 79.7 million rupees) to acquire a 19.9% stake in Unobanc Private Limited, with board approvals and completion expected within 90 days as part of a cross-border payments and fintech expansion. The deal, not a related-party transaction, aims to bolster Zaggle’s forex, remittance, and digital banking capabilities leveraging Unobanc’s FFMC license and RBI approvals to serve retail and corporate clients outside India.

6 sources

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Only 18% Revenue Impact from AI Globally

Global AI adoption is widespread, with about 90% of organizations noting GenAI and Agentic AI transforming workflows and around 90% reporting productivity gains and better data access, yet only 18% say AI is delivering significant revenue impact. The Blueprint for AI Leadership distinguishes AI Leaders, who embed AI into strategy, boast higher use-case measurability, stronger leadership sponsorship, and near-universal upskilling (about 93%), from AI Followers, who focus more on efficiency and lag in organizational readiness and investment.

5 sources

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Arvind Fashions Reports 15.5% Revenue Growth, 12.5% EBITDA

Arvind Fashions reported a strong Q1 FY27, with revenue up about 15.5% to roughly ₹1,278-1,279 crore and EBITDA up around 19-20% to ₹160 crore, as margins expanded to about 12.5%. While net profit rose 11% to ₹28 crore, some updates noted a PAT decline due to lower other income, and investors reacted variably to the results.

9 sources

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Atlanta Electricals Q1 Profit Surges, Shares Fall

Atlanta Electricals reported robust Q1 FY27 results with consolidated net profit of ₹46.84 crore and standalone ₹53.09 crore as revenue from operations rose about 46-48% to around ₹466.33 crore, with EBITDA margins near 16.5–16.6% and continued capacity expansion in high-voltage transformers. The company is leveraging a strong order-book, pursuing higher-capacity and EHV capabilities, while IPO proceeds have been largely utilized and the results reflect seasonality with the March quarter typically stronger.

7 sources

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Alex Scott Rejects Bournemouth Contract; Top Clubs Eye

Bournemouth midfielder Alex Scott, 22, has rejected multiple contract offers as top Premier League clubs including Manchester United, Arsenal, Chelsea and others circle a potential big-money move. Bournemouth values him highly and remains open to a revised deal that could include a release clause, with his contract through 2028 and ongoing transfer interest from several elite clubs.

11 sources

Batliboi wins Rs52 crore SAEL order

Batliboi Ltd's EEG Division has secured a ₹52 crore contract from SAEL Industries to design, supply, install and commission a PEX system for a 6 GW solar cell facility at Jewar, Uttar Pradesh, with commissioning expected in 6–8 months as part of its push into India's indigenous solar manufacturing. The company also announced its 82nd AGM on August 7, 2026, with a proposed final dividend and related voting logistics.

5 sources

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Volkswagen nears stake sale to JSW in India

Volkswagen is in advanced talks with JSW Group to sell a majority stake in Skoda Auto Volkswagen India Pvt. Ltd. to accelerate its expansion in India, one of the world’s fastest-growing auto markets, with discussions focused on forming a local partner and leveraging JSW’s footprint. However, critical details such as deal valuation, capital commitments, and investment size remain unresolved across multiple reports.

6 sources

Glenmark's RYALTRIS gains FDA approval for children 6–11

The U.S. FDA expanded the indication for RYALTRIS to include children aged 6 to less than 12 with Seasonal Allergic Rhinitis, broadening its use alongside adults and older youths. The approval, supported by a Phase 3 trial of 446 children showing improved nasal symptoms and good tolerability, coincides with Glenmark’s plan to transition to direct U.S. commercialization by April 1, 2026.

8 sources

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AstraZeneca India CFO Bhavana Agrawal to resign

AstraZeneca Pharma India said CFO and Whole-Time Director Bhavana Agrawal will resign to take a regional role within the AstraZeneca Group, effective August 31, 2026, with a multi‑week handover and a search for a successor. Regulatory filings confirm the move as part of global realignment, while the company notes strong FY2025-26 growth, including about 33% higher revenue and solid PAT, underscoring ongoing operational resilience.

5 sources

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Riteish Deshmukh, Genelia Back Youth NEET Protests

Riteish and Genelia Deshmukh publicly backed the Cockroach Janta Party's Sansad Chalo NEET protests, urging authorities to listen to the youth and framing them as the democracy's future. The demonstrations during Parliament's Monsoon Session called for education reforms and the resignation of Education Minister Dharmendra Pradhan, amid clashes and police action that drew widespread celebrity support.

5 sources

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Recently covered

MrBeast marries Thea Booysen on Necker Island

Crisil Announces Amalgamation to Form PayMetrix, Pending Approvals

China reportedly cuts Iranian oil purchases by 40%

JSW Infrastructure Q1 profit falls, revenue climbs

Welspun Specialty Solutions posts Q1 profit, margins rise

Bandhan Bank Q1 profit rises to ₹502 crore

Zen Technologies Secures ₹177.5 Crore MoD Simulator Order

TVS Motor Q1 Profit Surges 67%

Aditya Birla Sun Life AMC Q1 Profit Surges

E2E Networks posts 334% Q1 revenue surge

Zaggle approves ₹7.97 crore Unobanc stake

Only 18% Revenue Impact from AI Globally

Arvind Fashions Reports 15.5% Revenue Growth, 12.5% EBITDA

Atlanta Electricals Q1 Profit Surges, Shares Fall

Alex Scott Rejects Bournemouth Contract; Top Clubs Eye

Batliboi wins Rs52 crore SAEL order

Volkswagen nears stake sale to JSW in India

Glenmark's RYALTRIS gains FDA approval for children 6–11

AstraZeneca India CFO Bhavana Agrawal to resign

Riteish Deshmukh, Genelia Back Youth NEET Protests