Kapil Raj Finance Ltd.

RBI data reveals individuals over 40 account for 76% of bank deposits. Younger cohorts prefer capital markets. Overall deposit growth at 11.6%.

Mankind Pharma divests its entire 100% stake in Broadway Hospitality Services to AKRK Projects LLP for Rs 49 crore, effective August 31, 2026.

Lumino Industries IPO saw overwhelming demand, subscribed 118.12 times, driven by QIBs. Company raised Rs 207 cr from anchor investors. Funds for debt & capex.

NIIF secures ₹19,000 Cr ($2B) at first close for its Infrastructure Fund II from global and domestic investors, targeting ₹30,000 Cr for Indian infrastructure.

Adani group stocks faced heavy selling pressure, with Adani Enterprises down 8%, due to a weak market and MSCI Global Standard Indexes rebalancing.

Sebi has barred Tarapur Transformers and its promoters from markets for 5 years due to fund diversion, fictitious transactions, and corporate governance lapses. Fines imposed.

RBI data reveals individuals over 40 account for 76% of bank deposits. Younger cohorts prefer capital markets. Overall deposit growth at 11.6%.

Mumbai Metropolitan Region sees taxi and auto-rickshaw fare hikes starting Tuesday. Minimum auto fare Rs 27, taxi Rs 33. MMRTA approved revision.

Congress slams India's 7.8% GDP growth, calling it a "distorted picture" that hides high unemployment, low investment, and falling household savings.

Mankind Pharma divests its entire 100% stake in Broadway Hospitality Services to AKRK Projects LLP for Rs 49 crore, effective August 31, 2026.