Mumbai, August 12: Retail stock market participants across India have observed a coordinated “No Trade Day” boycott on Wednesday, August 12 to protest the Securities and Exchange Board of India’s (SEBI) newly implemented Closing Auction Session (CAS) mechanism and elevated Securities Transaction Tax (STT) rates. The boycott campaign has gained significant traction on social media, where day traders and influencers have urged peers to refrain from placing orders to highlight growing frustration over regulatory changes and end-of-day price volatility. View this post on Instagram A post shared by Pushpendra Singh (@pushpendrasinghofficial) Why Retail Traders Are Protesting CAS SEBI…
Author: Abizar Attari
Abizar Attari
I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.
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Mumbai, August 12: Footwear major Bata India shares have risen about 2% after the company released its strong financial results for Q1 of FY27. This included a 23% year-on-year (YoY) increase in consolidated net profit to ₹63.98 crore for the first quarter ended June 30, 2026 (Q1 FY27). This has come on the back of double-digit premiumization growth, volume recovery and efficient working capital management. For Bata’s investors, this could be the beginning of acche din for the company, as the company’s shares have fallen almost 37% in the past one year, mostly because of weak mass market demand and…
Gurugram, August 12: Steel pipe and tube manufacturer Vibhor Steel Tubes Limited has reported a 38.54% year-on-year (YoY) decline in standalone net profit for the first quarter ended June 30, 2026 (Q1 FY27), as rising raw material costs and employee benefits affect the company’s operating margins. Its net profit was down from ₹3.14 crore in Q1FY26 to ₹1.93 crore this time despite strong top-line momentum, with revenues from operations expanding 27.16% to reach ₹293.69 crore from ₹230.96 crore in Q1FY26. Financial Performance Snapshot Financial Metric Q1 FY27 (June 2026) Q1 FY26 (June 2025) YoY Change (%) Revenue from Operations (Sales)…
New Delhi, August 11: In a written reply to the Rajya Sabha, the Minister of State for Finance, Pankaj Chaudhary said that retail investor losses have dropped to Rs.91,685 crore in FY26, down from Rs.1,12 lakh crore in FY25, an 18% decrease. Tightened regulatory measures introduced by the Securities and Exchange Board of India (SEBI) have helped lower the aggregate net losses suffered by retail investors in the equity Futures & Options (F&O) segment during FY26. This includes a 20% decline in unique investors from 98.10 lakh in FY25 to 78.60 lakh in FY26. Despite that, the average loss per…
New Delhi, August 11, 2026: The Union Cabinet is expected to approve a ₹3,000 crore financial relief package for the power sector as the existing grid is unable to cater to expanded generation capacity. Besides this, government officials have told Mint that the Ministry of New and Renewable Energy is expected to seek cabinet approval for the third phase of the Green Energy Corridor, aimed at evacuating about 135GW of renewable energy from surplus-generation-rich states. The relief package for the power sector comes at a time when major renewable energy hubs like Rajasthan and Gujarat have faced transmission delays around…
Mumbai, August 11: Polymer packaging leader Pyramid Technoplast Limited has announced a greenfield expansion with a new facility at Kutch, Gujarat while also securing capital incentives and state government subsidies for its existing manufacturing units in Wada, Maharashtra, and Bharuch, Gujarat. The new Kutch plant, scheduled to be commissioned by March 2027, will come with a capacity of 10,000 Intermediate Bulk Container (IBC) units per month, significantly strengthening the company’s industrial packaging footprint across Western India. With an investment of ₹25 crore, Pyramid Technoplast is looking to lower freight costs and offer faster deliveries to its customers in the region. …
We may not realise it, but the construction industry is responsible for most of the dust, mounds of rubble and the gradual decline of vegetation in our surroundings. Every road repaired creates mounds of waste and requires a lot of efforts to address- with millions of liters of water and an army of trucks required to cure cement, or clear rubble. One man aims to change this. With his zero-cement concrete technology. “Conventional infrastructure consumes enormous quantities of cement, steel, water and virgin aggregates, yet often requires repeated repairs. Existing sustainable solutions largely focused on reducing cement. We asked a…
New York, August 11: After months of suspense, Adani Group Chairman Gautam Adani, his nephew Sagar Adani and former Adani Green CEO Vneet Jaain can now heave a sigh of relief as a US court has relieved them of criminal charges dating to November 2024. Brooklyn district judge Nicholas Garaufis has granted the Department of Justice’s (DOJ) Rule 48(a) motion to dismiss the indictment, permanently closing the high profile case that accused the Adani Group chairman of using $265 million of investor funds to bribe Indian officials to get lucrative solar power contracts that could help Adani Green Energy Limited…
India gets about 2.5% of the total FDI worldwide, according to a report by the United Nations Trade and Development (UNTAD) Council. India has come a long way from being considered an afterthought by investors due to the License Raj and its restrictive bureaucracy. Today, India remains a favourable location attracting FDI, as investors look to India to produce goods at a cheaper rate, closer to their target markets and increasingly, depending on its technological prowess to become an invaluable part of the global supply chain. But India is not alone here; it competes with various developing countries to attract…
Karnal, August 10, 2026: Vertically integrated pump manufacturer Oswal Pumps Limited has reported a sharp 43% year-on-year (YoY) drop in consolidated net profit to ₹53.8 crore for the quarter ended June 30, 2026 (Q1 FY27). This compression comes as the Haryana-based company has been forced to compress its margins amid high dependency on government contracts, forcing the company to bid aggressively for agricultural tenders. This has forced its EBITDA margin to plunge by 1,168 points to 15.71% during the quarter, from 27.39% during the same period last year. Moreover, its aggressive tender pricing has resulted in a 9% reduction in…
