Mansi Agarwal

IPOs worth ₹9,500 crore set to hit Dalal Street in early Aug: Report

About seven companies are expected to launch IPOs worth around ₹9,500 crore over the first two to three weeks of August, Moneycontrol reported. These include Leap India, Ardee Industries, Dhoot Transmission, Innovatiview India and Milky Mist Dairy Foods. Dhoot and Innovatiview are expected to be the largest offerings, aiming to raise ₹2,500 crore and ₹2,000 crore, respectively.

Aug 2nd, 2026

IPOs worth ₹9,500 crore set to hit Dalal Street in early Aug: Report

Sourav Kumar

The West Asia conflict and surging demand for AI servers have triggered a shortage of printed circuit boards (PCBs), driving up electronics prices. Industry executives attributed the crunch to supply chain disruptions and diversion of components to AI hardware. Syrma SGS Tech said Saudi Arabia and Iran control nearly 80% of the supply of chemicals used in PCB manufacturing.

Aug 2nd, 2026

AI boom, Iran war fuel circuit shortage, raise electronics prices

Mansi Agarwal

Zoho Co-founder Sridhar Vembu said the "real issue" India currently faces is creating jobs for its massive youth population. "Sadly, the IT industry, including Zoho, has not created many jobs in recent years," he said. Vembu added that money which would have been spent on hiring new employees is now being directed towards AI and data centres.

Aug 2nd, 2026

IT industry not creating many jobs, money going to AI: Sridhar Vembu

Ishaan Mukherjee

Startup founders account for over 60% of India's top 30 most active angel investors, according to Tracxn data from 2021 to July 20, 2026. CRED founder Kunal Shah topped the list with investments in 190 startups, followed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, who invested in 138 and 122 startups each. Shaadi.com founder Anupam Mittal backed 109 startups.

Aug 2nd, 2026

Startup founders account for over 60% of India's top 30 angel investors

Mansi Agarwal

Liang Wenfeng, CEO of Chinese AI startup DeepSeek and the world's richest AI founder, said his employees generally don't work overtime. "Research needs a relaxed environment. If you push too hard, you can't do research," he said. Wenfeng added that "no one manages" DeepSeek employees and they "can do whatever they want" for half of their workday.

Aug 2nd, 2026

World's richest AI founder says his staff doesn't work overtime, no one manages them

Sourav Kumar

Billionaire Elon Musk confirmed that Grok can now analyse uploaded videos after responding to a post on X showcasing the feature. Users can ask the AI assistant questions about uploaded videos, similar to image analysis. "Grok can analyse any video," Musk wrote on X. The update comes weeks after the launch of Grok 4.5 in early July.

Aug 2nd, 2026

Grok can watch and analyse uploaded videos like images: Elon Musk

Ishaan Mukherjee

Space startup Skyroot Aerospace announced plans for its own launch pad after its Vikram-1 rocket created history as the first privately built Indian rocket to reach orbit. This comes as the firm plans to significantly increase its launch frequency in the coming years. "We don't have a concrete timeline...but...we plan to do it at the earliest," CEO Pawan Chandana said.

Aug 2nd, 2026

Skyroot to build its own launch pad after Vikram-1's success

Jessica Rajan

Selecting the right mutual fund is only part of successful investing, as investor behaviour can have a bigger impact on long-term returns. Experts say biases such as recency bias and fear often lead investors to buy after rallies and sell during market corrections. This 'behaviour gap' can significantly reduce the returns investors ultimately realise.

Aug 2nd, 2026

Why investor behaviour matters more than mutual fund selection?

Ashley Paul

China completed its first outbound digital yuan payment to Malaysia, paying ₹6.05 lakh for a shipment of durian fruits by bypassing the global payments mechanism SWIFT. China Construction Bank made the payment in e-CNY, China's central bank digital currency, and saw its transaction clearing time reduced to 30 minutes. Transfers via SWIFT cost $25-35/transaction, with clearing fees of over 6%.

Aug 2nd, 2026

China bypasses SWIFT, makes ₹6 lakh payment to Malaysia for fruits

Jessica Rajan

Nine of India's 10 most valuable companies added a combined ₹2.51 lakh crore in market value last week amid a rally in equities. Bajaj Finance led the gains, followed by Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Larsen & Toubro and LIC. Hindustan Unilever was the only company that saw a decline.

Aug 2nd, 2026

Nine of top-10 firms add ₹2.51 lakh cr in market value in 1 week

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