Day: August 7, 2026

Brenmiller Energy announces 6-for-1 reverse stock split

Acnb director Donald Seibel Jr. sells $96,524 in company stock

Braveheart Bio raises $439.9M in upsized Nasdaq IPO

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on…

Britannia Industries said consumer demand strengthened in the June quarter, helping revenue rise 9.5% and profit nearly 14% year-on-year. However, rising sugar, palm oil and fuel costs are pressuring margins, prompting the company to consider further pricing measures.

Hardeep Singh Puri addressed the issue of fuel adulteration, asserting that concerns over it are baseless. A nationwide investigation uncovered only four instances at various petrol stations. He emphasized that oil marketing firms implement strict testing protocols. Analysis results indicate that chloride levels remain safe and do not support allegations of excessive chloride presence.

Godrej Consumer Products said surging LPG, kerosene and LABSA costs hit its India margins in the June quarter despite healthy volumes. Consolidated revenue rose 18.3% and profit 11.5%, while the company expects commodity pressures to ease in the second half.

Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 260 hotels, including 165 operational properties and 95 in the pipeline. Ginger’s operational footprint spans more than 110 locations across the country. Enterprise revenue for Ginger stood at…

CM to hoist Tricolour at state-level I-Day function in Barsar

Heavy rains drench T, Hyd remains rainfall-deficit