Mansi Agarwal
A Kerala man has won a nine-year legal battle against Air India after a delayed flight caused him to miss his connecting flight to Saudi Arabia. He said the airline failed to assist him, forcing him to spend nearly ₹49,000 on a last-minute ticket with another airline. A consumer commission awarded him ₹1.36 lakh in compensation.
Aug 4th, 2026

Mansi Agarwal
Anthropic has signed a $10 billion (over ₹95,000 crore) deal to use a data centre managed by a seven-month-old startup, Bloomberg reported. The agreement with NVIDIA-backed cloud startup Volta Infra Holdings is for six years. Volta on Tuesday said it has raised $300 million in a seed round and Series A financing at a $2.4 billion valuation.
Aug 4th, 2026

Mansi Agarwal
The Supreme Court has proposed linking fuel supply at petrol pumps to vehicles' insurance status to enforce mandatory third-party motor insurance. Under the proposal, vehicles without valid insurance could be denied fuel until coverage is renewed. The court directed the Insurance Regulatory and Development Authority of India and the Road Transport Ministry to develop a pilot programme.
Aug 4th, 2026

Mansi Agarwal
The Supreme Court has directed the IRDAI to increase the term of mandatory third-party motor vehicle insurance for new cars from 3 years to 4 years. For new two-wheelers, the term will be extended from 5 years to 6 years. The court noted that a large number of vehicles remain uninsured despite the mandatory third-party motor insurance requirement.
Aug 4th, 2026

IMFA reported its best-ever Q1 FY27 results, with revenue rising 49.7% YoY to ₹960.45 crore and PAT surging 109.3% to ₹191.49 crore. Record ferro chrome production, higher exports and expansion initiatives supported growth. Ace investor Mukul Agrawal held a 1.07% stake in the company as of the June 2026 quarter.
Aug 4th, 2026

BASF India reported strong Q1 FY27 results, with revenue rising 29% YoY to ₹4,837.44 crore and PAT surging 146% to ₹362.05 crore. Profit was supported by improved operations and an exceptional gain of ₹18.15 crore from the sale of its coatings subsidiary, while the stock gained over 7% after the announcement.
Aug 4th, 2026

Aastha Spintex hit the 10% upper circuit after Falcon Yarns, its acquiring company, announced a confirmed order book worth ₹51.46 crore for August–October 2026. The 38 orders, equal to 20.62% of FY25 revenue, provide strong revenue visibility and include repeat business from existing customers along with new client additions.
Aug 4th, 2026

Morepen Laboratories reported its highest-ever quarterly performance in Q1 FY27, with revenue rising 34% YoY to ₹575.31 crore and PAT surging 394% to ₹56.35 crore. The company also began commercial execution of its ₹825 crore CDMO mandate, while API exports jumped 42%, driving the stock to hit the 20% upper circuit.
Aug 4th, 2026

Nykaa reported strong Q1 FY27 results, with revenue rising 29.1% YoY to ₹2,782 crore and PAT surging 226% to ₹79.76 crore. GMV grew 34%, EBITDA jumped 68%, while the company expanded to 324 beauty stores and acquired a 51% stake in Aminu Wellness to strengthen its premium skincare portfolio.
Aug 4th, 2026

Bharti Airtel reported strong Q1 FY27 results, with consolidated revenue rising 18.4% YoY to ₹58,539 crore and net income before exceptional items increasing 35.5% YoY to ₹8,057 crore. The company added 14.9 million customers, while India ARPU improved to ₹264, supported by strong growth across mobile, Homes and Airtel Business segments.
Aug 4th, 2026

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