Day: August 31, 2026

Honorary uninvite

The Lumino Industries IPO opened for subscription on August 27, priced at ₹78–82 per share. With a current GMP of +61, the share price at listing could reach ₹143, reflecting a potential 74.39% premium. The IPO runs until August 31.

Germany beat Spain 1-0, retain Hockey World Cup crown

Jio Platforms is set to launch India’s largest IPO at ₹37,700 crore after receiving SEBI approval. With plans to raise funds for debt clearance and corporate needs, this IPO could reshape the investment landscape. 

Stock market recommendations: Titan, and L&T Finance – Motilal Oswal Wealth Management Research Desk has identified these two as the top stocks to buy for the week starting August 31, 2026:

The yen’s breach of 160 versus the dollar underscores the Japanese currency’s vulnerability to further weakness and the heightened risk of authorities entering the market again to slow its decline.

The Nagpur ITAT deleted a tax addition on jewellery found during an income-tax search, stressing ownership, source and family circumstances. The ruling also examined the CBDT’s prescribed jewellery limits and whether possession within those limits can be treated as reasonably explained.

With lenders such as Davidson Kempner involved in structuring the deal, it marks a significant milestone in the expanding influence of private credit within Indian corporate transactions.

August 31 is the ITR filing deadline for non-audit taxpayers for AY 2026-27. Here’s what happens if you miss the deadline, including belated ITR filing, late fees, interest and loss carry-forward rules.

Microsoft is taking significant steps to alleviate employee worries regarding the ecological footprint of its data centers. As the demand for artificial intelligence intensifies, the firm grapples with its promises to cut greenhouse gas emissions. In response to public criticism and local resistance, Microsoft is prioritizing innovative engineering and efficiency improvements, while also refining its…