A sweep-in facility ensures that whenever funds in a person's savings account are running low for a purchase or transaction or during a financial crisis, the bank will automatically transfer the deficit amount from the fixed deposit (FD) to the savings account, HDFC Bank stated. This does not affect the interest rate on the fixed deposit.

As US President Donald Trump imposed a 50% tariff on India, Commerce Minister Piyush Goyal said that India will not bow to anybody. "Till date no one has come who could make India bow. It is impossible. Even if someone tries a hundred thousand times, they cannot make India bow," Goyal added.

After US President Donald Trump demanded his resignation following reports of alleged ties to China, Intel CEO Lip-Bu Tan said he's contacted the administration to "ensure they have the facts" about the "misinformation" being spread about him. "US has been my home for more than 40 years. I love this country," he wrote in a letter published on Intel's website.

Nazara Technologies Ltd on August 12, will consider approving Q1FY26 unaudited financial results, bonus shares and a stock split for equity shares (face value ₹4). Ace investor Madhusudan Kela holds 10,96,305 shares (1.18% stake). Rekha Jhunjhunwala, however, won't benefit from the bonus shares and split, having sold their entire 7.06% stake between March and June 2025.

Tanla Platforms launched its Wisely.ai anti-spam and anti-scam solution with Indonesia's Indosat Ooredoo Hutchison on August 7.. This multi-year SaaS agreement will protect nearly 100 million Indonesian users from fraudulent communications. The solution, built on AI and integrating deeply with SIM cards and handsets, marks Tanla's significant expansion into Southeast Asia.

L&T-backed LTI Mindtree, a global tech consulting firm, secured the ₹792 crore PAN 2.0 project from India's CBDT on August 7, 2025. This vital Government-to-Citizen initiative will consolidate all PAN and TAN services onto a single digital platform, simplifying access and management of these core financial identity systems for citizens and businesses nationwide.

Axis Solutions Limited secured a domestic water supply project, to be completed in 12 months with 10 years of O&M. Payments are due within 7 days. The company's market cap is ₹99.58 crore, with an order book of ₹292 crore (May 2025). The stock trades under ₹25 per share, marking it as a penny stock.

Pidilite Industries reported strong Q1FY26 results with 10.6% revenue growth and 9.9% volume growth. Both consumer and B2B segments performed well, leading to a 15.8% EBITDA increase and 18.7% profit growth. The company also announced a 1:1 bonus issue and a ₹10 per share special interim dividend, while continuing to invest in supply chain and manufacturing.

Bharat Heavy Electricals Ltd (BHEL), a major public sector enterprise, reported Q1FY26 revenue of ₹5,487 crore, an EBITDA loss of ₹352 crore, and a net loss of ₹455 crore. The Indian President's portfolio holds 63.17%, while LIC holds 6.88%. Despite the losses, BHEL's robust order book stands strong at ₹2,04,375 crore.

Fineotex Chemical Limited (FCL) has started operations at its new, ₹60 crore Ambernath facility, effective August 7, 2025. This expansion adds 15,000 metric tonnes to their production capacity, meeting growing demand for specialty chemicals. The strategically located plant, funded internally, ensures efficient logistics and quicker deliveries, leveraging connectivity to JNPT and Bhiwandi.